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from assemblage the ability to have on-site parking, the Purchase Price should <br /> reflect the additional incremental value gained by the adjoining property. <br /> ii. When Buildable Lots may be Sold for Sidevards <br /> CPED Staff, with approval from the CPED Director, will make a "Finding of Fact" <br /> that a Buildable Lot is appropriate for sale as sideyard based on one or more of <br /> the following criteria: <br /> A. The shape of the Buildable Lot is irregular and is not suitable for housing <br /> construction. <br /> B. The structures on the adjacent lots are very close to the property lines and <br /> construction of a new house on the Buildable Lot will not allow permitted <br /> setbacks under the Zoning Ordinance between the new house and the <br /> adjacent structures. <br /> C. The adjacent lots contain conflicting land uses that make the Buildable Lot <br /> unsuitable for residential construction. <br /> D. The Buildable Lot contains Unsuitable Soils or poor topography or other <br /> conditions that make Soil Correction expensive or construction infeasible. <br /> E. The Buildable Lot can be used to provide needed off-street parking and/or <br /> open space to an adjacent multi-unit residential building, licensed day care <br /> center, community center, or nonresidential land use in order to make the <br /> adjacent lot comply with zoning. <br /> F. The Buildable Lot is not served by an alley, cannot accommodate access <br /> to off-street parking along a driveway from the frontage and would <br /> necessitate construction of a house plan inconsistent with the architecture <br /> of the block and neighborhood. <br /> G. If one or both of the lots adjacent to a Buildable Lot are nonconforming lots <br /> (25-30 foot lot widths) under the Minneapolis Zoning Ordinance, a portion <br /> of the Buildable Lot may be sold as a sideyard to either or both of the <br /> adjacent lot owners, as long as the remaining portion of the Buildable Lot is <br /> still a Buildable Lot. <br /> Buildable Lots sold to adjacent property owners for use as sideyards shall <br /> be sold at a per square foot Fair Reuse Value equal to the amount the <br /> buildable lot would have sold for buildable residential purposes. <br /> iii. Conservation Easement <br /> In the case where a Buildable Lot is purchased in its entirety by one adjacent <br /> owner for a sideyard, a conservation easement, made pursuant to Minnesota <br /> Statutes Chapter 84C, will be placed on the property in favor of the City to <br /> preserve the sideyard as open space and prevent construction of any <br /> improvements on the property by the current owner or any future owners, which <br /> are not approved by the City. <br /> iv. Condition of Prospective Sideyard-Purchaser's Property <br /> The City will not sell any Development Property for a sideyard if the adjacent lot is <br /> substandard or poorly maintained. CPED Development Staff working with CPED <br /> Updated as of 10/6/04 18 <br />