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City of Elk River <br />Preliminary Expansion Siting Proposal <br /> <br />Gradient Technology <br /> Revised February 2, 2004 <br /> <br /> Site <br />A. <br /> <br />Proposed Location <br />1.5 acre lot <br />A proposed subdivision of Lot 5, Block 1, Elk River Business Park <br />Access from Industrial Circle. <br />~ee at/ached Locat/o, ~. <br /> <br />Zoning/Land Use Requirements <br />Business Park/Light Industrial <br />An administrative subdivision (lot split) to be administered by the lando~vner prior to <br />sale. <br /> <br />Building Requirements <br />Building and site to comply with Business Park District Ordinance and other Ci~ <br />requirements. An accessory building for materials storage could be allowed. <br />~gee al/ached Bz~siness Par/e Dis/ri~'t Ord/na,~'e Reqz~/reme,~'. <br /> <br />Land Cost/Value <br />$1.61/sf 1.5-acres Total: $105,197 <br />Includes special assessments and park dedication. <br /> <br />Project Timeframe <br />Upon acceptance of this Preliminaw Proposal and a letter of intent, the Director of <br />Economic Development will prepare and submit a comprehensive proposal <br />including a detailed project timetable for finance and building permit timing and <br />application requirements. <br /> <br />At this ttme the proposed site would require an administrative subdivision <br />application, to be submitted by the landowner to the City Council for consideration. <br />This process could be completed within 30-days. Financing application review and <br />considerations can take up to 45-days and can mn concurrently with the <br />administrative subdivision, building site plan and permit application review process. <br /> <br /> <br />