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HomeMy WebLinkAbout06.20.2022 Outline for June 20 2022 Prior Lake City Council WorkshopOUTLINE REDEVELOPMENT OF ABANDONED RAILROAD RIGHT-OF-WAY AND LOT 85 SUNFISH BAY June 20, 2022 Prior Lake City Council Workshop 1. PURPOSE. The purpose of this meeting is to present and discuss a concept (Concept) for the redevelopment of a portion of the abandoned railroad right -of --way (ROW) and peninsula (Peninsula) on the channel (Channel) between Upper and Lower Prior Lake in the south half of Section 32 and the abutting Lot 8, Sunfish Bay, into three parcels designated as Parcels 1 (Peninsula), 2 and 3 on the surveys that accompany this Outline (Surveys). It is hoped by the owner of the ROW and Lot 8 (Owner) that the Concept will be referred to City staff and counsel to work with the Owner to refine the Concept, to include negotiating the terms for a purchase agreement for the acquisition by the City of Prior Lake (City) of the Peninsula. 2. BRIEF HISTORY. A brief history of the unique land involved is helpful. ROW Sunfish Bay • Bankrupt railroad in 1980s. • Multi -county auction sale of assets, including ROW. • Massive two county subdivision of the abandoned right -of --way without formal oversight or approval presumably on the assumption that adjacent owners would be primary buyers. • No regard to public services or access to the newly created parcels. • No apparent regard for zoning issues. • Unique 1925 plat. • Narrow private streets dedicated to "lot owners." • No provision for utilities or services. • Small lots. • Streets connect to adjacent land but are not public. 3. OPPORTUNITY. This is an opp ortunity fora "public/private partnership" to advance the interests of both the City and the Owner. 1 Public • Gain control of the Channel, a strategic waterway. • Facilitate surface water management, the City's statutory duty. • Expand a highly utilized and visible public park. • Acquire a possible centralized location for a water patrol dock/slip (the thought of Jim Dunn, who owned and expanded the marina from 15 to 50 slips). • Add tax value to underutilized properties. Owner • Allows Owner to develop and sell two residential lots. • Attain highest and best use of the property. • Potentially enhance access to neighborhood common docks. • Corrects failure of City to extend public Bass Street to ROW (connectivity). • Overcomes limitations of 1925 plat, which predates public services and roads. 4. CONCEPT. The Concept contemplates the purchase of Parcel 1 by the City as an expansion of the existing Grainwood Crossing/Heritage Park (Park). Parcels 2 and 3 will be developed as single-family homes. Since Parcel 2 does not abut on a public street, the Concept anticipates that Parcels 2 and 3 will be combined into a "site" condominium under Minn. Stat. 515B in which the units will be the building envelopes on the ROW and Lot 8 with the result that the unit owners will under Minn. Stat. 515B.1-103 (11), be vested owners of "undivided interests in the common elements" of the condominium which will include Lot 8 thereby qualifying them as "lot owners" under the plat of Sunfish Bay. The Concept has three basic components, two of which require a formal agreement with the City. A. Lot 8, and the portion of the ROW adjacent to its west line, will be sold for the construction of asingle-family home to be accessed from Bass Street or Sunfish Trail. A purchase agreement has been signed which is contingent upon the approvals by the City of a building envelope and required permits for the new construction. B. Parcels 1 and 2 are currently one tax parcel. The Concept contemplates a split of the tax parcel, and a purchase agreement has been signed for the construction of asingle-family home on Parcel 2 which is contingent upon the establishment of legal access over Bass Street, and approvals by the City of the split of the Peninsula into Parcels 1 and 2, and a building envelope and required permits for the new construction. C. The Concept contemplates the sale of Parcel 1 to the City for the sum of $150,000.00, and a commitment to develop Parcel 1 consistent with the approved building envelope and permits for the Parcel 2 home site. 2 5. CLOSING AND CONDITIONS. The Concept anticipates the closing on the sale of Parcel 1 to occur as soon as reasonably possible after the satisfaction or waiver of the following contingencies and conditions: A. The approval by the City of the OF of the ROW into Parcels 1 and 2. B. The approval by the City of the CIC plat to establish the building envelope site units for the construction of single-family homes on Parcels 2 and 3. C. The affirmation by Chicago Title that the unit owners of the proposed building envelope "site" units will be "lot owners" with the right to use the privately dedicated portion of Bass Street for access purposes. D. The approval by the Owner of a qualified appraisal for any gift portion of the Parcel 1 transfer to the City. 6. NEXT STEPS. The Owner requests the City Council take the following actions: A. Refer the Concept to City staff and counsel to finalize the process, details and agreements for the purchase by the City of Parcel 1 and the CIC plat to establish the building envelope "site" units, or an alternative method acceptable to the Owner for legal access to Parcel 2. B. In this regard, it should be noted that the Owner has requested that Chicago Title affirm that upon formation of the CIC the right of access via Bass Street will be insurable without extraordinary cost or conditions. 7. PUBLIC BENEFIT. Upper and Lower Prior Lake are the heart and soul of this community. The Channel is the sole connecting point between Upper and Lower Prior Lake. It is heavily trafficked all year long. The Peninsula is a long-standing impediment to the safe and open travel between the two basins. By acquiring the point of the Peninsula, the City, which has a statutory responsibility for surface water management of the lake, will facilitate significant improvement to the visibility, free flow and safety of passage through the Channel, as well as improving the overall appearance of a prominent public amenity and the use and enjoyment of the Park by the public at large. 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(2) "Affiliate of a declarant" means any person who controls, is controlled by, or is under common conhol with a declarant. (A) A person "conU•ols" a declarant if the person (i) is a general partner, officer, director, or employer of the declarant, (ii) directly or indirectly or acting in concert with one or more other persons, or tluough one or more subsidiaries, owns, controls, holds with power to vote, or holds proxies representing, more than 20 percent of the voting interest in the declarant, (iii) conhols in any manner the election of a majority of the directors of the declarant, or (iv) has contributed more than 20 percent of the capital of the declarant. (B) A person "is controlled by" a declarant if the declarant (i) is a general partner, officer, director, or etployer of the person, (ii) directly or indirectly or acting in concert with one or mote other persons, or tluough one or more subsidiaries, owns, controls, holds with power to vote; or holds proxies representing, mote than 20 percent of the voting interest in the person, (iii) controls in any manner the election of a majority of the directors of the person, or (iv) has contributed more than 20 percent of the capital of the person. (C) Control does not exist if the powers described in this subsection are held solely as a security interest and have not been exercised. (3) "Allocated interests" means the following uiterests allocated to each unit: (i) in a condominium, the undivided interest in the common elements, the common expense liability, and votes in the association; (ii) in a cooperative, the common expense liability and the ownership interest and votes in the association; and (iii) in a planned community, the common expense liability and votes in the association. (4) "Association" means the unit owners' association organized under section 515B.3-101. (5) "Board" means the body, regardless of name, designated in the articles of incorporation, bylaws or declaration to act on behalf of the association, or on behalf of a master association when so identified. (6) "CIC plat" means a common interest community plat described in section 51 SB.2- 110. (7) "Canunon elements" means all portions of the conunon interest community other than the units. (8) "Common expenses" means expenditrtres made or liabilities incur�•ed by or on behalf of the association, or master association when so identified, together with any allocations to reserves. (9) "Convnon expense liability" means the liability for couunon expenses allocated to each unit pursuant to section 515B.2-108. (10) "Common interest community" or "CIC" means contiguous or noncontiguous real estate within Minnesota that is subject to an instrument which obligates persons owning a separately described parcel of the real estate, or occupying a part of the real estate pursuant to a proprietary lease, by reason of their ownership or occupancy, to pay for (i) real estate taxes levied against; (ii) insurance premiums payable with respect to; (iii) maintenance of; or (iv) construction, maintenance, repair or replacement of improvements located. on, one or more parcels or pacts of the real estate other than the parcel or part that the person owns or occupies. Real estate which satisfies the definition of a conunon interest conununity is a connnon interest conuuunity whether or not it is subject to this chapter. Real estate subject to a master declaration, regardless of when the master declaration was recorded, shall not collectively constihrte a separate common interest cotnnnmity unless so stated in the master declaration. (11) "Condominium" means a common interest community in which (i) portions oftlre real estate are designated as units, (ii) the remainder of the real estate is designated for conunon ownership solely by the owners of the runts, and (iii) undivided interests in the common elements are vested in the unit owners. (1la) "Construction defect claim" means a civil action or an arbitration proceeding Uased on any legal theory including, but not limited to, claims under chapter 327A for damages, indeumity, or contribution brought against a development party to assert a claim, counterclaim, cross -claim, or thud -party claim for damages or loss to, or the loss of use of, real or personal property caused by a defect in the initial design or construction of an improvement to real property that is part of a common interest community, including an improvement that is constructed on additional real estate pursuant to section 515B.2-111. "Conshuction defect claim" does not include claims related to subsequent maintenance, repairs, alterations, or modifications to, or the addition of, improvements that are part of the common interest community, and that are conh•acted for by the association or a unit owner•. (12) "Conversion property" means real estate on which is located a building that at any time within two years before creation of the common interest cotmnuruty was occupied,. in whole or in part, for (i) residential use. or (ii) for residential rental purposes by persons other than purchasers and persons who occupy with the consent of purchasers. hops://www.revisor.m n.gov/statutes/cite/515B.1-103 1 /4 By Marvin Garfinkel Mesirov Gelman Jaffe Cramer & Jamieson 1735 Market Street Philadelphia, Pennsylvania 19103 (215)-994-1450 [Note: These provisions assume that at time of recording of the Declaration no part of the Power Center has been developed. The Developer will thereafter construct all site improvements which will become part of the common elements and a number of the store buildings. Several of the �A "Site" project may also develop as a non -condominium planned community in a jurisdiction that has adopted the Uniform Common Interest Ownership Act ("UCIOA"). Section 1-106 of UCIOA provides: (a) A building code may not impose any requirement upon any structure in a common interest community which it would not impose upon a physically identical development under a different form of ownership. (b) In condominiums and cooperatives, no zoning, subdivision, or other real estate use law, ordinance, or regulation may prohibit the condominium or cooperative form of ownership or impose any requirement upon a condominium or cooperative which it would not impose upon a physically identical development under a different form of ownership. (c) Except as provided in subsections (a) and (b), the provisions of this [Act] do not invalidate or modify any provision of any building code, zoning, subdivision, or other real estate use law, ordinance, rule, or regulation governing the use of real estate. ZAny of the following might come within the of a site condominium concept provided there is some common element and an appropriate declaration is recorded: (a) A parcel of ground divided into a dozen lots on which houses and drives that connect the lots may be constructed. Although the drives are most often designated as common elements, each segment of a drive might be included as part of the unit on which it this becomes located and be made subject to an easement of passage in favor of the other unit owners. Under this latter approach there must be some common element in order for a valid condominium declaration to be recorded for the development. (b) A parcel of ground consisting of two areas one of which is currently occupied by an office building, with the other acre to be occupied by an office building to be separately financed. Each area might be a unit with a driveway from the street to each building being a common element. Parking, serving both buildings, may be a common element or be part of each unit subject to an REA. (c) A shopping center that includes a number of stores that will continue to be owned by the developer and leased to the store operators and also two large stores which will each be built and owned by a department store company. This center maybe developed as a condominium with three units. Each department store site would be a unit with the balance of the development being a single unit which might later be subdivided under §2-113 of UCIOA. The parking areas and drive might be a common element or be part of the unit subject to an REA. Copyright 1995, 1998 By Marvin Garfinkel. All rights reserved. 00213005.02 m A portion of the condominium is to be used as a retail center. Other portions will be developed with a hotel, an office building and a tennis club.] 1. Selected Definons "Building" means any buildings or portion thereof constructed at any time within a Unit or which constitutes a Unit or of which a Unit is a part. "Boated lbgeinber" refers to each of the members of the Board. Such persons may also be referred to as "Directors" of the Association. "Unit"3 means a Unit as described in this Declaration (including the -Plats and Plans) as this Declaration may be amended from time to time and all Buildings and other improvements or portions thereof erected on or within boundaries of such Unit at any time and from time to time.4 "Eligible 1Vlortgage"mmeans the following, provided that notice of the existence of such mortgage has been provided to the Association pursuant to Section below: (1) any first or second mortgage on a fee simple or leasehold interest in an entire Unit to secure an obligation to a bank, trust company, savings bank, savings and loan association, mortgage service company, insurance company, credit union, pension fund, real estate investment trust, credit corporation, or other institutional 3 Each "site" is a "Unit" for the purposes of the Condominium Act and as such is referred to in Yhis declaration as a "Unit". The term "out -lot" is often used to refer to subdivided land that functionally may be the same as a "site" in a Condominium Development. A "site" unit consists initially of air space and usually land surface and subsurface. Any improvementswhich are later constructed upon or within the unit boundaries will become part of the unit. For purposes of this discussion a "site" may be defined as a unit which consists of air space and may also consist of land surface and subsurface but which is not a part of a building nor other improvementto real property and which at the time of creation generally does not have physical boundaries. The commentary to Section 1-106 of the Uniform Condominium Act C'UCA") notes that the first sentence of 1-106 prohibits discrimination against condominiumsby local lawmaking authoritiesand it explains that "thus if a local, law, ordinance or regulation imposes a requirement which cannot be met if the property is subdivided as a condominium but which would not be violated if all of the property constituting the condominium were owned by a single owner this section makes it unlawful to apply that requirement or restriction to the condominium." The commentarygoes on to note though that the second sentence "makes it clear that, except for the prohibition on discrimination against condominiums, the Act has no affect on real estate use laws ... For example, a particular piece of real estate submitted to the condominium form of ownership might be of such size that all of the real estate is required to support a proposed density of units or to satisfy minimum setback requirements." It then goes on to explain that merely designating portion of a condominium as withdrawable real estate would itself not constitute a subdivision of the parcel for local zoning or subdivision law purposes, but that the exercise of the option to withdrawwould constitute a subdivision and would be illegal "if the affect of the withdrawal would be to violate setback requirements or to exceed the density of units permitted on the remaining parcel." The comments to Section 1-106 of UCIOA are a bit more explicit but makes it clear that the underlying concept is that local law must treat a condominium in the identical manner as it would treat a rental properly. Building, zoning and subdivision codes and other local land use regulations must treat a condominium in the same manner as they would treat a rental property where there is a single ownership of the entire parcel rather than divided ownership as exists in the case of a condominium. 4Although the ICA and UCIOA in specifying unit boundaries contemplate the possibilitythat walls, floors or ceilings may be designated boundaries of the unit it does not require that a unit be bounded by walls, floors or ceilings. Thus, a unit may be described by metes or bounds or in any other convenient manner to the extent not bounded by monuments or physical barriers. Under the UCA and UCIOA, no part of a unit need be within a building and there need not be any physical boundaries between units or between units and common elements. SThis provision will usually be negotiated with the prospective mortgages of the principal unit owners. Copyright 1995, 1998 By Marvin Garfinkel. 00213005.02 All rights reserved. (2)