8.0. EDSR 10-08-2001 - Laserfiche WebLink

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�,.• July 10, 2000 connect to water and sewer if they were to be come available after development of the building. 4. The City will consider zoning ordinance amendments to clarify Cargill's zoning status. 5. Cargill will relocate the conservation easement from its existing location toa location agreed to by the Minnesota Land Trust and the City. V/' 6. Cargill will give the City 60 net acres (up to a total of 80 gross acres) along and south of 171St Street for a future Business Park. The City will have the right to develop 25 acres along 171st Street immediately; the balance of the Business Park could not be developed for 5 years. 7. Cargill will give the City the necessary right-of-way for a road corridor connecting 171St Street and 165th Street between Highway 10 and the Burlington Northern tracks. Cargill will also give the City a 50 foot right of way for utilities through • Cargill's property south of 165th Street. 8. Cargill will give the City the necessary right-of-way for the proposed 175th Street improvements, and the City will not assess Cargill for such improvements. 9. Cargill will acknowledge the potential for future improvements to 165`h Street and a future road connection between 165th Street North to the Fillmore Street area. The intent of this agreement is to preserve the City's ability to provide for appropriate development in the Highway 10 corridor,to protect Cargill from encroaching urban development with respect to the remainder of its property, to provide Cargill with the opportunity to develop its property if it desires to, and to address as many issues that might arise in the future as we can foresee. I encourage the City Council to review this document very carefully and ask as many questions as needed to be sure everyone understands it. SIGNIFICANT ISSUES The following are my list of the most significant issues for the City Council to consider as they decide whether to approve this agreement: 1. Section VI.A sets forth five things which the City intends not to do to • Cargill. Please review this section very carefully, to ensure that you are comfortable expressing these items as the City's intent.