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HomeMy WebLinkAboutItem 06.mMarch 30, 2011 Item No. APRIL 4, 2011 CITY COUNCIL MEETING TULLAMORE PRELIMINARY PLAT EXTENSION Proposed Action Staff recommends adoption of the following motion: Move to approve a one -year extension for the Tullamore preliminary plat. Adoption of this motion will extend the timeframe for the submittal of a final plat application by one additional year. Overview James P. Greathouse, Vice President of Wells Fargo Bank is requesting a one year extension for the Tullamore preliminary plat. Wells Fargo acquired the property through foreclosure from Insignia Development, LLC and Lakeville Partners, LLC. The City Council previously approved extensions of the preliminary plat on August 31, 2006, April 7, 2008, April 20, 2009 and May 3, 2010. The Tullamore preliminary plat, which was approved by the City Council on June 19, 2006, consists of 148 single family lots on land located north of 170 Street and west of Pilot Knob Road (CSAH 31). Planning Department staff recommends that the City Council grant an extension for the Tullamore preliminary plat until May 7, 2012. Primary Issues to Consider • What will happen to the Tullamore preliminary plat approval if the extension is not granted? The preliminary plat would become null and void. Any future development of the property would be required to start over with a new preliminary plat application. Supporting Information • March 10, 2011 letter from Wells Fargo Bank. • Approved Tullamore preliminary plat. / el cc, 4_, et v t� Frank Dempsey. Associat6Plann4r Financial Impact: $ None Budgeted: Y/N Source: Related Documents (CIP, ERP, etc.): Subdivision Ordinance Notes: WELLS FARGO Wells Fargo Bank, National Association REMAG /Commercial ORE Department 333 Market Street, 17th Floor MAC A0119 -170 San Francisco, CA 94105 March 10, 2011 VIA EMAIL: fdempsev(a�ci.lakeville.mn.us Mr. Frank Dempsey City of Lakeville 20195 Holyoke Avenue Lakeville, MN 55044 Re: Tullamore Subdivision, Northwest Corner of Pilot Knob Road and 170 Street West, Lakeville, Minnesota Dear Mr. Dempsey: Thank you in advance for your consideration. Very truly yours, WELLS FARGO BANK, NATIONAL ASSOCIATION 4.4 9 BY`✓��.1 ames P. Greathouse, Vice President cc. James E. Dealy (via email); Daryl Morey (via email) Wells Fargo Bank, National Association respectfully requests that the City of Lakeville extend the preliminary plat approval period for the Tullamore Subdivision for another year to May 4, 2012. Telephone: (415) 371 -3318 Facsimile: (415) 371 -3210 165TH a 167TH one irao' w is H it ese ;ma L 171 11 era , .— 11ne 17111 STREET E B h5 r - e0 - e 0 1000 j g,g 170TH STREET 0,910 r. , ,:0 1 .10 13.00.0,01 Volts01.-401,0.9008•00,410-.0122/041.9 0019,1.1 1 8"**, 0 • i TULt. MORE COVERSHEET/PRELIMINARY PLAT Yam. rot INSIGNIA DEVELOPMENT LLC 9999 98018,4 geed, gun. 100 E4.n P Y 9N. 9oe18 03344 11X ( 8444 (962) 948-3630 STREET s ; a r PRE1 01 HEDLUND 2005 PIS 000 MM. Ee00,0 YN 36122 `o e,a (991) 365 -0900 ar (e9) 409 -9909 STREET kES7I q r sruly met n. ,room Nan. m.0 e, beetle. or 00.14. my ;41.. .. -8 9980.. 0010 +•NnY 0 1.849., 1N U0 N0. 14370 m L � r � aAV . «0 0ass Mel Nano M (Pr 1) 0.000 Par 1111r044 MIC 9 /4e,« 08 /44/011