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<br />the County Housing and Redevelopment Authority (HRA). <br /> <br />According to the terms of their ownership, the HRA must also adopt a Redevelopment Plan and a <br />Project Plan. Both these processes require a public hearing process and are subject to a public <br />comment period. They can, however, be processed simultaneously. <br /> <br />Once the land is platted, the HRA assumes ownership of the property, and the Redevelopment Plan <br />and Project Plans are adopted, the HRA can sell the property to Target. Hoyt Partners is aware of <br />the pending subdivision and land sale and has indicated its cooperation. Target Corporation will <br />own and maintain the facility. <br /> <br />Subsection E. <br /> <br />Existing Conditions <br /> <br />The proposed Target site is undeveloped rolling topography. There are no trees on site with the <br />exception of the westerly edge of a tree stand that extends approximately 30 to 40 feet into the <br />easterly site boundary. The majority of the site is presently tilled, with the exception of a golf driving <br />range that fronts on Waco Street that measures approximately 10 acres. <br /> <br />Geotechnical investigation has shown that on-site soils are well-drained sands and gravels that will <br />support high bearing pressures, and will infIltrate stormwater. <br /> <br />Subsection F. <br /> <br />Application Process <br /> <br />The application process includes a Preliminary Plat and Final Plat application to accomplish the <br />subdivision of property described above; a Conditional Use Permits for: "Loading areas/overhead <br />doors when located in front yards" and "above ground storage tanks"; and Site Plan Approval. <br /> <br />Preliminary Plat <br />The proposed preliminary plat of the Elk Path Business Center Third Addition proposes to <br />subdivide the existing 76.4 acre Outlot A of the Second Addition into: <br />o 28.5 acre Lot 1, Block 1 <br />o 0.6 acre extension of 182nd Street <br />o The remaining 47.3 acres of undeveloped property will be re-platted as Outlot A, Elk Path <br />Business Park Third Addition. <br /> <br />The plat also proposes perimeter drainage & utility easements per City ordinance. Utility easements <br />are proposed over the public watermain that makes up public fIre loop around the perimeter of <br />building and for the hydrant leads. <br /> <br />A drainage & utility easement is proposed over the on-site pond and over the portion of the storm <br />sewer that conveys storm stormwater through the site from the public right-of-ways in Waco Street <br />and 182nd Street. <br /> <br />Final Plat <br />The proposed fInal plat application memorializes the preliminary plat in a recordable document. <br /> <br />Sherburne County <br />page 2 <br /> <br />Project Plan for Target Technology Center <br />