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HomeMy WebLinkAboutItem 06.fApril 13, 2012 Item No. APRIL 16, 2012 CITY COUNCIL MEETING AUTUMN MEADOWS PRELIMINARY PLAT EXTENSION Proposed Action Staff recommends adoption of the following motion: Move to approve a one -year extension for the Autumn Meadows preliminary plat. Adoption of this motion will extend the timeframe for the submittal of a final plat application for the next phase of the Autumn Meadows development by one year. Overview Due to continuing residential market conditions, the fee title owner of the property (Weigh IV, LLC) is requesting another one -year extension of the Autumn Meadows preliminary plat. The Autumn Meadows preliminary plat, which consists of 137 single family residential lots on 78 acres located east Flagstaff Avenue and north of the Lakeville and Farmington city limits, was approved by the City Council on April 16, 2007. The City Council approved the first phase final plat of 47 single family lots on June 4, 2007 and approved extensions of the preliminary plat on August 6, 2009, April 19, 2010 and April 4, 2011. The development contract approved with the first phase final plat required that all phases be platted into Tots within two years of preliminary plat approval unless extended by the City Council. Planning Department staff recommends that the City Council grant an extension for the Autumn Meadows preliminary plat until April 15, 2013. Primary Issues to Consider • What will happen to the Autumn Meadows preliminary plat if the extension is not granted? The preliminary plat would become null and void requiring a new preliminary plat for any future phases of the Autumn Meadows project. Supporting Information • March 6, 2012 e-mail letter from Weigh IV, LLC • Approved Autu II n Meadows preliminary plat. sociate 44 Frank Dempsey, AICP, anner Financial Impact: $ None Budgeted: Y/N _ Source: Related Documents: (CIP, ERP, etc.): Subdivision Ordinance: Notes: Dempsey, Frank From: Larry McCabe /ABC /Anchor <Larry _McCabe @Anchorlink.com> Sent: Tuesday, March 06, 2012 2:00 PM To: Dempsey, Frank Cc: Scott Sousek/ABC /Anchor Subject: Autumn Meadows preliminary plat Mr. Dempsy: Mr. Sousek has forwarded both your email and voice mail message regarding the upcoming expiration of the preliminary plat for Autumn Meadows. First thank you for the reminder. Weigh IV would like to request an additional year extension of the preliminary plat. Mr. Sousek has taken a different job at Anchor Bank, N.A. and going forward, I will be your contact for this matter. Again, thank you for the reminder and if you have any questions, please feel free to contact me. My contact information is listed below. Larry Creating financial success cme relationship at a tine. Anchor Bank Larry McCabe. Senior Vice President NMLS # 716903 2700 Seventh Ave E ! North St Paul, MN 55109 Direct: 651.747.2314 1 Fax: 651.770.6843 Email: Larry McCabe @anchorlink.com I, www.anchorlink.com 1 co 3 O m gi (ID m m g4 fi ;'0'10 , \---- :CT Af.41,1`, cn 11 L1 " L / I400.24WW .67