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ver <br />Resolution 15- <br />A Resolution of the City of Elk River Finding that the Acquisition of Real <br />Property is Consistent with the City of Elk River Comprehensive Plan <br />WHEREAS, The City of Elk River ( "City ") has agreed to terms with Cornerstone Elk <br />River LLC ( "Buyer ") for the purchase of Lot 4, Block 1, Mississippi Ridge 2nd Addition; and <br />WHEREAS, the City would acquire the property to allow for a roadway connection <br />between Yale Ct and Yale St; and <br />WHEREAS, the connection would create a frontage road along TH 169 to a planned <br />signalized intersection at Twin Lakes Rd and TH 169; and <br />WHEREAS, the frontage road made possible by acquisition of Lot 4, Block 1, Mississippi <br />Ridge 2 Addition, to further the goals identified in the Comprehensive and FAST plans and is <br />a key step in the planned network south of 171st Ave NW; and <br />WHEREAS, Minn. Stat. § 462.356, subd. 2 requires that the Planning Commission review <br />the City's proposed acquisitions and dispositions of property for consistency with the <br />comprehensive municipal plan. <br />NOW, THEREFORE, BE IT RESOLVED by the Planning Commission of the City of <br />Elk River, Minnesota, as follows: The Planning Commission finds that acquisition of Lot 4, <br />Block 1, Mississippi Ridge 2nd Addition is consistent with the comprehensive municipal plan. <br />Passed and adopted this day of 2015. <br />ATTEST: <br />Tina Allard, City Clerk <br />Eric Johnson, <br />Planning Commission Chair <br />POWERED a <br />hi <br />AURE <br />