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HomeMy WebLinkAbout5I-Eagle Creek Commercial Extension O� PRIpr ti U 4646 Dakota Street SE Prior Lake,MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: APRIL 27, 2015 AGENDA#: 51 PREPARED BY: JEFF MATZKE, PLANNER PRESENTED BY: DAN ROGNESS, COMMUNITY & ECONOMIC DEVELOPMENT DIRECTOR AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING EXTENSION OF THE DEADLINE FOR RECORDING A FINAL PLAT FOR EAGLE CREEK COMMERCIAL DISCUSSION: Introduction The purpose of this agenda item is to consider a request by KRB Development Inc. to extend the deadline for recording a final plat for the Eagle Creek Commercial development. The site is located along Credit River Road. History On December 8, 2014 the City Council approved Resolution 14-190 approving the final plat for Eagle Creek Commercial. This development consists of two commercial lots (one for a future Kwik Trip location) and an Outlot for future commercial development. On January 26, 2015 the City Council approved Resolution 15-016 allowing an extension for recording the final plat until May 7, 2015. Current Circumstances A condition of approval of Resolution 15-016 required the plat to be recorded by May 7, 2015. Subsection 1002 of the Subdivision Ordinance states the resolution shall be considered null and void if not recorded within the prescribed time, unless a request for a time extension is submitted in writing and approved by the City Council prior to the expiration date. On April 21, 2015, City staff received correspondence from KRB Development Inc., the developer, requesting an extension of the deadline for recording the final plat. This extension would be for a period of an additional 90 days past the current expiration, or until August 5, 2015. Conclusion The developer has been working to finalize the details of the property closing with Kwik Trip, and payment of City development fees before the City releases the final plat for recording. Staff believes the request to extend the recording deadline for a period of 90 days appears reasonable in this case. ISSUES: The purpose of the recording deadline is to keep the development process moving forward and to provide prospective sellers information concerning platting and zoning restrictions. The extension of this deadline will allow the developer to delay recording in order for him to finalize their financing arrangements and to pay all city fees. FINANCIAL This action has no direct financial impact; however, the implementation IMPACT: of the development plan will result in the opportunity for additional development within the City. ALTERNATIVES: 1. Motion and a second, as part of the consent agenda, to authorize extension of the deadline for recording a final plat for Eagle Creek Commercial. 2. Motion and a second to deny the extension request. RECOMMENDED Alternative#1 MOTION: 2 o� PRIOr ti U 4646 Dakota Street SE ' ,r,;vEsortt` Prior Lake,MN 55372 RESOLUTION 15-xxx A RESOLUTION AUTHORIZING EXTENSION OF THE DEADLINE FOR RECORDING A FINAL PLAT FOR EAGLE CREEK COMMERCIAL Motion By: Second By: WHEREAS, The Prior Lake City Council adoption Resolution 14-190 on December 8, 2014, approving a Final Plat for Eagle Creek Commercial; and WHEREAS, The Prior Lake City Council adopted Resolution 15-016 on January 26, 2015 approving an extension to record the Final Plat for Eagle Creek Commercial; and WHEREAS, KRB Development Inc. (the"Developer") is currently required to record the Final Plat by May 7, 2015; and WHEREAS, The Developer has submitted a written request to extend the recording deadline another 90 days to August 5, 2015 in order to provide sufficient time for the Developer to finalize sale of the property and pay all City development fees required prior to recording the 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 deadline for recording the Final Plat for Eagle Creek Commercial is extended an additional 90 days from May 7, 2015 to August 5, 2015 to provide sufficient time for the Developer to finalize sale of the property and to pay all City development fees. 3. A copy of this resolution must be filed by the Developer at the Scott County Land Records Office by May 7, 2015, or the extension will be null and void. PASSED AND ADOPTED THIS 27th DAY OF APRIL, 2015. VOTE Hedberg Keeney McGuire Morton Thompson Aye ❑ ❑ ❑ ❑ ❑ Nay ❑ ❑ ❑ ❑ ❑ Absent ❑ ❑ ❑ ❑ ❑ Abstain ❑ ❑ ❑ ❑ ❑ Frank Boyles, City Manager