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• 3. BECAUSE NO REGULATION HAS BEEN ESTABLISHED BY THE CITY <br /> TO GOVERN THE SUBJECT PROPERTY,THE PROPERTY OWNER IS <br /> IN LIMBO WITH REGARD TO HIS PLANS FOR THE PROPERTY. THE <br /> PROPERTY OWNER HAS AGREED TO ACCEPT CERTAIN CONDITIONS <br /> THAT FURTHER THE GOALS OF THE DISTRICT,WHILE ALLOWING <br /> FOR THE SALE AND SUBDIVISION OF THE LAND. <br /> 4. THE APPLICANT IS NOT PERMITTED TO SUBDIVIDE THE PROPERTY <br /> BECAUSE NO MINIMUM STANDARDS FOR LOT SIZE HAVE BEEN <br /> ESTABLISHED. OTHER PROPERTIES IN THE CITY COULD <br /> SUBDIVIDE, PROVIDED THEIR SUBDIVISION MEETS ESTABLISHED <br /> CRITERIA. <br /> 5. THE REQUEST WOULD NOT ADVERSELY IMPACT OTHER <br /> PROPERTIES IN THE VICINITY. THE VARIANCE AS APPROVED WILL <br /> REDUCE THE NONCONFORMITY,AND PRESERVE THE GOALS <br /> ESTABLISHED BY THE COMPREHENSIVE PLAN. <br /> AND WITH THE FOLLOWING CONDITION: <br /> 1. ALL LOTS CREATED SHALL BE DESIGNATED AS OUTLOTS, <br /> PERMITTING NO PRINCIPLE BUILDINGS,UNLESS THE CITY <br /> COUNCIL APPROVES A REPLAT OF THE SUBJECT AREA. <br /> 2. ONLY THREE LOTS SHALL BE CREATED,TWO LOTS TO BE TEN <br /> ACRES WITH 300 FEET FRONTAGE,AND ONE LOT SHALL BE AT <br /> • LEAST 70 ACRES. <br /> Commissioner Offerman asked if this property would be subject to the 2 1/2-acre rezoning <br /> phasing. Mr.Barnhart stated no,that the property is in the Commercial Reserve District. <br /> MOTION CARRIED 6-0. <br /> 3. Adjournment <br /> There being no further business,MOVED BY COMMISSIONER STEVENS TO <br /> ADJOURN THE MEETING. <br /> The meeting of the Elk River Board of Adjustments adjourned at 6:40 p.m. <br /> Respectfully submitted, <br /> Ze:A( ' X14 <br /> Debbie Huebner <br /> Recording Secretary <br /> • <br />