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Memo to Mayor/City Council <br />April 15, 2002 <br />Page 2 <br /> <br />Comprehensive Plan. On March 18, 2002 the City Council conducted a public hearing as <br />required by State Statute for the sale of excess property. There were no public comments. <br /> <br />The areas of the parcels to be exchanged are as follows: <br /> <br />Outlot A, Elk River Crossing <br />Outlot B, Elk River Crossing <br />179~h Avenue <br />George Deschene remnant <br /> <br />Outlot K, Trott Brook Farms <br /> <br />2.24 acres <br />.26 acres <br />3600 square feet (approximate) <br />6 acres, is proposed to be included in Marshes <br />of Trott Brook Farms, 10 townhome units. <br />23.15 acres (10.38 upland, 12.77 wetland) <br /> <br />The City Attorney has reviewed the exchange document and found no issues with it. There <br />are closing dates contained within the document that will need to be changed. <br /> <br />Recommendation <br /> <br />Staff recommends that the City Council approve the exchange agreement and allow its <br />execution by the Mayor once the required changes have been made. <br /> <br />S:\PLANNING\MICHMC\CCREPRTS\LandExchange.doc <br /> <br /> <br />