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7.1. PCSR 06-23-2020 �J etyof ElkRequest for Action River To Item Number Planning Commission 7.1 Agenda SectionMeeting Date Prepared by Work Session June 23, 2020 Zack Carlton,Planning Manager Item Description Reviewed by Discuss Proposed Land Swap with Copart Reviewed by Action Requested Review the proposed plan and provide staff and the applicant with informal,non-binding feedback. ag - Background/Discussion d Copart and city staff have been discussing a project that would exchange 14.3-acre parcels in the southeast corner of the city that would improve the development potential of parcels owned by both u cR-33_.— parties. \� The attached graphic shows a rough approximation of the swap and 1 x. - would adjust the CUP boundaries for the project that was approved RR for Copart earlier this year. If the Council is comfortable with the land swap, Copart would like CR 12 r_ to move quickly and begin construction of their project later this 0, year. Staff will provide additional information and outline the project timeline. Financial Impact ti Potential costs will be determined as part of an ongoing discussion. 6y Attachments , ■ Land Swap Graphic Figure i The Elk River Vision A Y�elcoming community nvith revolutionary and spirited resourcefulness, exceptional P U W E H E o s r service, and community engagement that encourages and inspires prosperity ,g /` UR TTTEWTEWECOCO161ST AVENUE NW163RD AVENUE NWJARVIS STREET NWGATEWAY ROAD NWTTTEWTEWECOCO161ST AVENUE NW163RD AVENUE NWJARVIS STREET NWGATEWAY ROAD NW0'200'400'600'Sheet 1 of 1 SheetsCopart/City Land Swap ExhibitN:\0022825.00\DWG\CONCEPTS & EXHIBITS\0022825SK07.DWG © 2020 Westwood Professional Services, Inc.CITY PROPERTYCOPART PROPERTY CURRENT OWNERSHIPPROPOSED OWNERSHIP