4.4 PCSR 05-26-2015Request for Action
To
Item Number
Planning Commission
4.4
Agenda Section
Meeting Date
TMay
Prepared by
Planning Items
26, 2015
Zack Carlton, Planner I
Item Description
Reviewed by
Review the purchase of Lot 4, Block 1,
Peter Beck, City Attorney
Mississippi Ridge Second Addition
[Reviewed by
Action Requested
Adopt, by resolution, a finding that the acquisition of Lot 4, Block 1, Mississippi Ridge Second Addition,
is consistent with City of Elk River's Comprehensive Plan
Background /Discussion
The city has agreed to terms with Cornerstone Elk River LLC for the purchase of Lot 4, Block 1,
Mississippi Ridge Second Addition. The city is acquiring the property to allow for a roadway connection
between Yale Ct. and Yale St.
The purchase furthers the transportation goals identified in the comprehensive and FAST Plans, and is a
key step in the planned street network south of 171 st Ave. NW. The street will connect with a frontage
road along Hwy 169 and continue to a planned signalized intersection at Twin Lakes Road and Hwy 169.
Financial Impact
1'hc city has agreed to a purchase price of $185,000.
Attachments
Resolution regarding acquisition of real property
FAST Plan future development framework
Yale Ct preliminary engineering study
Template Updated 4/14
ver
Resolution 15-
A Resolution of the City of Elk River Finding that the Acquisition of Real
Property is Consistent with the City of Elk River Comprehensive Plan
WHEREAS, The City of Elk River ( "City ") has agreed to terms with Cornerstone Elk
River LLC ( "Buyer ") for the purchase of Lot 4, Block 1, Mississippi Ridge 2nd Addition; and
WHEREAS, the City would acquire the property to allow for a roadway connection
between Yale Ct and Yale St; and
WHEREAS, the connection would create a frontage road along TH 169 to a planned
signalized intersection at Twin Lakes Rd and TH 169; and
WHEREAS, the frontage road made possible by acquisition of Lot 4, Block 1, Mississippi
Ridge 2 Addition, to further the goals identified in the Comprehensive and FAST plans and is
a key step in the planned network south of 171st Ave NW; and
WHEREAS, Minn. Stat. § 462.356, subd. 2 requires that the Planning Commission review
the City's proposed acquisitions and dispositions of property for consistency with the
comprehensive municipal plan.
NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of
Elk River, Minnesota, as follows: The Planning Commission finds that acquisition of Lot 4,
Block 1, Mississippi Ridge 2nd Addition is consistent with the comprehensive municipal plan.
Passed and adopted this day of 2015.
ATTEST:
Tina Allard, City Clerk
Eric Johnson,
Planning Commission Chair
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LEGEND
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LEGEND
— ; PROPOSED SANITARY SEWER
» —» PROPOSED STORM SEWER
—I— —I— — PROPOSED WATERMAIN
.................. GRADING LIMITS
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PROPOSED UTILITIES FIGURE 1