5.6. PCSR 08-23-2005 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I WWW.RYANCOMPANIES.COM RYAN COMPANIES US, INC. 50 South Tenth Street, Suite 300 Minneapolis, MN 55403- 2012 BUILDING LASTING REunONSHIPS gaYAH 612-492-4000 tel 612-492-3000 fax Property Ownership The existing Elk Path Business Center, Second Addition, is owned by Hoyt Partners. Sherburne County has purchased the property contract-for-deed. In order to sell the property to Target, the County must subdivide the portion of the property that is to be sold, and transfer ownership to the County Housing and Redevelopment Authority (BRA). According to the terms of their ownership, the County must also adopt a Redevelopment Plan and a Project Plan. Both these processes require a public hearing process and are subject to a public comment period. They can, however, be processed simultaneously. Once the land is platted, the HRA assumes ownership of the property, and the Redevelopment Plan and Project Plans are adopted, the County can sell the property to Target. Hoyt Partners is aware of the pending subdivision and land sale and has signed the application form as the owner. Target Corporation will own and maintain the facility. Existing Conditions The proposed Target site is undeveloped rolling topography. There are no trees on site with the exception of the westerly edge of a tree stand that extends approximately 30 to 40 feet into the easterly site boundary. The majority of the site is presendy tilled, with the exception of a golf driving range that fronts on Waco Street that measures approximately 10 acres. Geotechnical investigation has shown that on-site soils are well-drained sands and gravels that will support high bearing pressures, and will infiltrate stormwater. Application Process This application includes a Preliminary Plat and Final Plat application to accomplish the subdivision of property described above; a Conditional Use Permits for: "Loading areas/overhead doors when located in front yards" and "above ground storage tanks"; and Site Plan Approval. Preliminary Plat The proposed preliminary plat of the Elk Path Business Center Third Addition proposes to subdivide the existing 76.4 acre Oudot A of the Second Addition into: o 28.5 acre Lot 1, Block 1 o 0.6 acre extension of 182nd Street o The remaining 47.3 acres of undeveloped property will be re-platted as Oudot A, Elk Path Business Park Third Addition. The plat also proposes perimeter drainage & utility easements per City ordinance. Utility easements are proposed over the public watermain that makes up public fire loop around the perimeter of building and for the hydrant leads.