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HomeMy WebLinkAbout5I CIC Boudin Crossings/~ PRI~ / V ~,~, ti ~ u x ~I~'NESO~/ 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 CITY COUNCIL AGENDA REPORT MEETING DATE: NOVEMBER 16, 2009 AGENDA #: 5 I PREPARED BY: DANETTE PARR, COMMUNITY DEVELOPMENT AND NATURAL RESOURCES DIRECTOR AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION APPROVING THE COMMON INTEREST COMMUNITY NUMBER 1192 (BOUDIN CROSSINGS COMMERCIAL CONDOMINIUM) CIC PLAT DISCUSSION: Introduction EFH Development is requesting approval of a Common Interest Condominium Plat for a four unit commercial building on property bordered by Boudin Street NE and Timothy Avenue. The staff recommends approval of this CIC plat as part of the consent agenda. History On August 17, 2009, the City Council adopted Resolution #09-110 approving the combined preliminary and final plat for Crossroads. The final plat consisted of 4.19 net acres to be developed into approximately 44,683 square feet of commercial space in the City. Current Circumstances The purpose of a CIC plat is to allow the subdivision of condominium units into lots for each individual unit for sale to individual owners. Essentially, the plat creates a lot around the four walls of an individual unit. Staff has reviewed the CIC plat and finds it consistent with the approved preliminary and final plat. ISSUES: CIC plats do not require a development contract. The required developer improvements were included under a previous final plat, so a Letter of Credit is not necessary. In addition, the City fees normally associated with a final plat were collected under the previous Developmen# Contract for the Crossroads final plat. FINANCIAL There are no budget impacts with the approval of this CIC plat. IMPACT: ALTERNATIVES: The City Council has three alternatives: 1. Adopt a Resolution approving the Common Interest Community Number 1192 (Boudin Crossings Commercial Condominiums) CIC Plat. 2. Deny the resolution approving the CIC plat. 3. Defer this item and provide staff with specific direction. www. cityofpriorlake. com R:ICounci112009 Agenda Reports\11 16 091CIC~ ~e~ir~~~j~~~rt~0~ax 952.447.4245 RECOMMENDED A motion and second to adopt a resolution approving the Common MOTION: Interest Community Number 1192 (Boudin Crossings Commercial Condominiums) CIC Plat and authorizing the Mayor and City Manager to sign the CIC plat documents is required. R:ICounci112009 Agenda Reports111 16 091CIC Boudin's Crossing Agenda Report.DOC Reviewed bv: /~ PRI~~ /,~ v ~ 4646 Dakota Street S.E. ~j ~ Prior Lake, MN 55372-1714 RESOLUTION 09-xx ~N1VES~~~ 30LUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO SIGN THE COMMON INTEREST COMMUNITY NUMBER-1192 (BOUDIN CROSSINGS COMMERCIAL CONDOMINIUM) CIC PLAT Motion By; Second By: WHEREAS, The City Council adopted Resolution #09-110 on August 17, 2009, approving the combined preliminary and final plat for the Plat known as Crossroads; and WHEREAS, The City Council has found that the Common Interest Community Number 1192 (Boudin Crossings Commercial Condominium) CIC Plat is consistent with the approved combined preliminary and final plat known as Crossroads; and WHEREAS, The City Council has found that the Common Interest Community Number 1192 (Boudin Crossings Commercial Condominium) CIC Plat does not create a legal nonconformity of the site; and WHEREAS, A11 required public utility improvements and fees were included as a part of Crossroads Plat. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council approves the Common Interest Community Number 1192 (Boudin Crossings Commercial Condominium) CIC Plat. 3. -The CIC plat and all pertinent documents must be filed with Scott County within 60 days from the date of final plat approval. Failure to record the documents by January 15, 2010, will render the CIC plat null and void. 4. The Mayor and City Manager are hereby authorized to execute the CIC Plat on behalf of the City. PASSED AND ADOPTED THIS 16T" DAY OF NOVEMBER, 2009. YES NO Haugen Haugen Hedber Hedberg Erickson Erickson LeMair LeMair Millar Millar Frank Boyles, City Manager www, cityofprorlake. com Phone 952.447.9800 /Fax 952.447.4245