HomeMy WebLinkAboutItem 06.nApril 16, 2014
STONE RIDGE SOUTH FINAL PLAT EXTENSION
APRIL 21, 2014 CITY COUNCIL MEETING
Item No.
Proposed Action
Staff recommends adoption of the following motion: Move to approve a 100 day extension for the
Stone Ridge South final plat.
Adoption of this motion will allow a 100 day extension of time to submit the Stone Ridge South final
plat to the Dakota County Recorder, from April 25, 2014 until August 3, 2014.
Overview
Michael Kampmeyer representing AEG, LLC, developer of the eight single family lot plat known
as Stone Ridge South, requests an extension for recording the final plat. The City Council
approved the final plat on October 7, 2013 and a 100 day extension for recording the final plat
on January 6, 2014. The Subdivision Ordinance requires the final plat be recorded within 100
days of the City Council's approval. Mr. Kampmeyer requests the additional time to allow a sale
of the property before recording the final plat mylars. While a second extension of the final plat
appears reasonable, Planning Department staff expresses reservation about additional
extensions since the development contract requires that the improvements be completed prior
to November 30, 2014. The development contract would have to be amended if the final plat is
extended a third time.
Primary Issues to Consider
• What will be the status of the Stone Ridge South final plat if the extension is not granted? The
developer would have to record the final plat by August 3, 2014 or the final plat will expire which would
require resubmittal of a final plat application, plans and development contract for approval by the City
Council.
Supporting Information
• April 7, 2014 e-mail from Michael Kampmeyer of AEG, LLC
• Approved Stone Ridge South final plat and location map
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Frank Dempsey, AICP, Associate Planner
Financial Impact: $ None Budgeted: Y/N Source:
Related Documents: (CIP, ERP, etc.): Subdivision Ordinance: Section 10-2-3E
Notes:
Dempsey, Frank
From:
Michael Kampmeyer <mkampmeyer@a-"roup.com>
Sent:
Monday, April 07, 2014 10:07 AM
To:
Dempsey, Frank
Cc:
kkamp92@aol.com
Subject:
Re: Stone Ridge South Final Plat
Good Morning Frank,
The primary reason for the plat not being recorded are the city fees which total nearly $20,000 per lot. In
addition, the cost of the improvements are nearly $45,000 per lot and the lot prices have not come up enough to
get a buyer interested in developing the parcel or a bank in financing the city fees and the improvement cost. I
would like to renew the extension for another 100 days so we can find another buyer as several have come
forward but all back out once they see the costs. Is there anyway to reduce the city fees since DR Horton paid
only $12k per lot in fees? It is a travesty to have to pay $20K in fees per lot when you will be receiving
significant tax revenue for each home that is built in the subdivision.
Thank you
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Dakota County, MN
Disclaimer: Map and parcel data are believed to be accurate, but accuracy is not guaranteed. This is not a Map Scale
legal document and should not be substituted for a title search, appraisal, survey, or for zoning 1 Inch = 315 feet
verification. Dakota County assumes no legal responsibility for the information contained in this data. 6/12/2013