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City of Elk River <br />Preliminary Expansion Siting Proposal <br /> <br />Gradient Technology <br />Revised March 9, 2004 <br /> <br />Site <br />A. <br /> <br />Proposed Location <br />2.05 acre lot <br />A proposed subdivision of Lot 5, Block 1, Elk River Business Park <br />Access from Industrial Circle. <br />See a//~che:/ LocaEo, ;¥[~. <br /> <br />Zoning/Land Use Requirements <br />Business Park/Light Industrial <br />An administrative subdivision (lot split) to be administered by the landowner prior to <br />sale. <br /> <br />Building Requirements <br />Building and site to comply ~vith Business Park District Ordinance and other City <br />requirements. An accessory building for materials storage could be allowed. <br />See a~ac~ed B~siae~'~' Parle Dis~fc~ Ordiaaace Req~dremen?s. <br /> <br />Land Cost/Value <br />$1.61/sf 2.05-acres Total: $143,770 <br />Includes special assessments and park dedication. <br /> <br />Project Timeframe <br />Upon acceptance of this Prelimina~ Proposal and a letter of intent, the Director of <br />Economic Development will prepare and submit a comprehensive proposal <br />including a detailed project Umetable for finance and building permit timing and <br />application requirements. <br /> <br />At this time the proposed site would require an administrative subdivision <br />apphcation, to be submitted bv the landowner to the City Council for consideration. <br />This process could be completed within 30-days. Financing application review and <br />considerauons can take up to 45-days and can run concurrendv with the <br />admimstrative subdivision, building site plan and permit application review process. <br /> <br /> <br />