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City of <br /> Elk <br /> River <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 2nd 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 /> Eric Johnson, <br /> Planning Commission Chair <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> P U N E R E O R Y <br /> NAWREJ <br />