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ITEM 5.1 GRC- Edina Realty Request for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Planning City Planner Licht 28 May 2019 PRESENTER(s) REVIEWED BY: ITEM #: City Planner Licht City Administrator/Finance Director Flaherty 5.1 – GRC/Edina Realty STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. X Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City staff recommends approval of a PUD Development Stage Plan and preliminary/final plat. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? Yes Held by Planning Commission 20 May 2019 BACKGROUND/JUSTIFICATION: Arrow Companies has submitted plans for development of a 7,155 square foot office building for Edina Realty. The building will be constructed initially as 4,905 square feet with a potential 2,250 square foot addition. The proposed building is to be located at the southeast corner of Parsons Avenue and 87th Street within the Great River Centre of Otsego. The proposed development requires consideration of a PUD Development Stage Plan and preliminary and final plat. A public hearing was held by the Planning Commission at their meeting on 20 May 2019 at 7:00PM. Mr. Steve Fischer of Arrow Companies was present and agreed with the recommendations of City staff. There were no public comments. The Planning Commission discussed the site layout and building architecture relative to the views from 87th Street and Parsons Avenue. The Planning Commission was pleased with the building details and four-sided architecture believing this will be an attractive building within Great River Centre. The public hearing was closed and the Planning Commission voted 6-0 to recommend approval of the applications. Findings of fact and a development agreement consistent with the recommendations of the Planning Commission have been prepared for action by the City Council. SUPPORTING DOCUMENTS ATTACHED:  Planning Report dated 14 May 2019  Engineering Review dated 16 May 2019  Findings of Fact and Decision  Resolution approving a development agreement  Development Agreement POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve a PUD Development Stage Plan and preliminary/final plat for Great River Center Fifth Addition subject to the conditions stated in the findings of fact and decision as presented, and adopt Resolution 2019-28 approving a development agreement. BUDGET INFORMATION FUNDING: BUDGETED: NA 1 CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2019-28 RESOLUTION APPROVING DEVELOPERS AGREEMENT GREAT RIVER CENTRE OF OTSEGO - FIFTH ADDITION WHEREAS, Edina Otsego, LLC is seeking approval of a Plat known as GREAT RIVER CENTRE OF OTSEGO FIFTH ADDITION, and WHEREAS, the approved Plat requires construction of some public improvements and payment of City costs and fees as well as placing certain restrictions on the development; and WHEREAS, those obligations are contained and memorialized in the attached Developers Agreement; and WHEREAS, the Developers Agreement also sets forth the security required to assure satisfactory construction of public improvements and establishes the various remedies available to the City in the event that Developer breaches the terms and conditions of the Agreement. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota as follows; 1. The attached Developers Agreement between the City of Otsego and Edina Otsego, LLC is hereby approved. 2. The Mayor and City Clerk are hereby authorized to execute the Developers Agreement on behalf of the City of Otsego. ADOPTED this 28th day of May, 2019 by the City Council of Otsego. 2 MOTION TO ADOPT the Resolution by Council Member_____________ and seconded by Council Member_____________. IN FAVOR: OPPOSED: CITY OF OTSEGO _____________________________ Jessica Stockamp, Mayor _____________________________ Tami Loff, City Clerk