Loading...
HomeMy WebLinkAbout5F - Golden Pond Final Plat Deadline MEETING DATE: AGENDA #: PREPARED BY: AGENDA ITEM: DISCUSSION: ISSUES: FINANCIAL IMPACT: L \\<.' , . ~. ." jlVI~ 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 CITY COUNCIL AGENDA REPORT JUNE 18, 2007 5F DANETTE MOORE, PLANNING COORDINATOR CONSIDER APPROVAL OF A RESOLUTION EXTENDING THE DEADLINE FOR SUBMITTAL OF A FINAL PLAT FOR GOLDEN POND Introduction The purpose of this agenda item is to consider a request by Bakken Development to extend the deadline for submittal of a final plat to be known as Golden Pond. This report recommends approval of this request. History On August 7, 2006, the City Council approved Resolution 06-135, approving the preliminary plat known as Golden Pond. This project is located northeast of Wedgewood Lane (Spring LalCe Township), east of Sunray Boulevard, south of MN TH 13, and west of Rice Lake. The preliminary plat consists of approximately 27 acres to be subdivided into 34 lots for single family dwellings. Section 1006.206 (5) of the Subdivision Ordinance states the following: Once a preliminary plat is approved by the City Council, the subdivider must submit an application for a final plat within twelve (12) months after approval of the preliminary plat. If an applicant fails to submit an application for a final plat within the specified 12-month period, the preliminary plat shall be considered void, unless a request for time extension is submitted in writing and approved by the City Council at least 30 days prior to the expiration of the 12-month period. Such extensions of time shall not exceed six (6) months. On June 8, 2007, the Planning staff received the attached letter from the developer requesting an extension of this deadline to February 7, 2008. The developer indicated that the extension is due to the decreased housing market. Current Circumstances Although the developer has received preliminary plat approval, a grading permit has not been issued. No work has begun on this site. The purpose of the application deadline is to keep the platting process moving forward. The extension of this deadline will allow the developers to delay further construction costs on this project until the housing market becomes stronger. If the developers fail to meet this extended deadline, they still risk withdrawal of Council approval of the preliminary plat and will be required to resubmit an application for a preliminary plat approval. This action has no financial impact on the City. www.cityofpriorlake.com .... Ph6ri~\~5~).144'7:98DO)!/ IF~k 952.1447:424511 ALTERNATIVES: The City Council has three alternatives: 1. Adopt a resolution approving the request to extend the application deadline until February 7,2008, as requested. 2. Continue this item for specific information or reasons per City Council discussion. 3. Deny the request and direct the staff to prepare a resolution denying the requested extension. Staff recommends Alternative #1. RECOMMENDED MOTION: A motion and second adopting Resolution #07 -XX approving an extension of the deadline for submittal of a final plat for Golden Pond to February 7, 2008. Reviewed by: Motion By: Second By: WHEREAS, The Prior Lake City Council adopted Resolution 06-135 on August 7,2006, approving the preliminary plat known as Golden Pond; and WHEREAS, Section 1002.206 (5) of the Subdivision Ordinance requires a subdivider to submit an application for final plat approval within 12 months of approval of the preliminary plat, in this case by August 7,2007; and WHEREAS, Bakken Development, the developer, has submitted a request to extend the application deadline to February 7,2008; and WHEREAS, The City Council finds the extension of this deadline consistent with the intent of the provisions of Section 1002.206 (5). 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 submittal of a final plat application for Golden Pond is extended from August 7, 2007 to February 7, 2008. PASSED AND ADOPTED THIS 18th DAY OF JUNE, 2007. YES NO Haugen Haugen Hedbera Hedbera Erickson Erickson LeMair LeMair Millar Millar Frank Boyles, City Manager www.cityofpriorlake.com Phone 952.447.9800 / Fax 952.447.4245 . . m-~ @ a: U \ll ~ ~ rJu JUN x 1 2007 W 1C5)~ ill) . IZI<EN , I. ~ To: City of Prior Lake Attn: Danette Moore From: Bakken Development Inc. Re: Golden Pond Preliminary Plat Extension We are requesting a 6-month extension for the preliminary plat status for the Golden Pond development in Prior Lake. Our original intent was to develop this property in the fall of 2006. We lost several months in 2006 while working on engineering with Tollefson Development on their Hickory Shores neighborhood. Since that time the market has decreased dramatically . We feel it is in the best inteuest of our company and the City of Prior Lake to extend the plat status for period so we can be confident that Golden Pond will be successfully built and occupied by residence. Thank You, Bakken Development Inc. 14070 Commerce Ave. Suite 300 Prior Lake, MN 55372 Office 952-447-5287 Fax 952-447-6200 www.bakkendevelopment.com