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RES 20-01of ��- City of Elk River Ver Planning Commission Resolution 20-01 A Resolution of the Planning Commission of the City of Elk River Finding that a Land Exchange 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 Copart of Connecticut "Applicant" for the exchange of property in the Cascade industrial Park; and WHEREAS, the City would acquire approximately 15.25 acres of land from the Applicant and the City would deed approximately 12.5 acres of land to the Applicant, as is depicted in Exhibit A; and WHEREAS, the land exchanged will improve the development potential of city owned property, including the planned future expansion of the Youth Athletic Complex; and WHEREAS, Minn. Stat. 462.356, subd. 2 requires that the Planning Commission review the acquisition or disposition of public 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 the land exchange depicted in Exhibit A is consistent with the Comprehensive Municipal Plan. Passed and adopted this 12`' day of August, 2020. Jill'tarson-Vito, Planning Commission Chair ATTEST: Tina Allard, City Clerk ►I11[lEl INATLOR'E'l