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HomeMy WebLinkAbout3.a Lot Split - Great River Energy (GRE)AGENDA ITEM: Lot Split Great River Energy (GRE) AGENDA SECTION: Update PREPARED BY: Dan Schultz, Parks and Recreation Director AGENDA NO. 3.A. ATTACHMENTS: Site Map APPROVED BY C ION: None, discussion only. A T Y 4 ROSEMOUNT CITY COUNCIL City Council Work Session: October 11, 2006 EXECUTIVE SUMMARY ISSUE Great River Energy has purchased a 79.32 acre parcel of land from Pine Bend Development Company. The property is spht by Ehlers Path and would end up being two lots of 4.06 and 75.26 acres respectively. As with most lot sphts, it is considered a subdivision and would be subject to the City's Subdivision Ordinance. BACKGROUND Great River Energy has purchased about 332 9 acres of land from Pine Bend Development Company, a large landowner east of U.S. 52. The land consists of six large parcels of which portions of two extend beyond the purchase area, the area north of Ehlers Path. The southern property is intended for the future construction of a power plant. The tmnng for the power plant construction has been delayed from what was initially anticipated and the new construction tnneframe is now in the 5 -10 year range. Originally this topic was brought to the Parks and Recreation Commission as two lot splits but they actually only need one. This item was originally discussed at the May 23, 2005 Parks and Recreation Commission meeting. At the May meeting, the Commission recommended collecting cash in heu of land for the parks dedication based on the City's Fees and Fee Policy. SUMMARY GRE has met with staff to raise issue with the cash dedication amount based on our Fee Policy. GRE has stated that they paid $15,000 per acre a couple of years ago and they feel that $50,000 per acre is an unfair amount based on state statute calling for parks dedication fees to be based on the fair market value at the time of final approval. Staff have had several discussions with representatives from GRE regarding the parks dedication fees. The Parks and Recreation Commission (on a 4 -1 vote) recomiended that we collect 5180,000 ($180,000 divided by 7.9 acres $22,784 per acre) for the parks dedication fee for the GRE lot split. The reasons for collecung a fee that is less than what is in our approved Fee Pohcy are that the land is currently zoned for agriculture, the value of the land is less than properties currently developing on the west side of Highway 52 and our subdivision ordinance allows us the flesibihry to review all subdivisions on a case by case basis Staff also supports the recommendation of the Parks and Recreation Commission. OPERTY ID NUMBER. 34 -02900 011-25 FEE OWNER PAYABLE 2006 TAXES NET TAX SPECIAL ASSESSMENTS TOTAL TAX 8. SA PINE BEND DEVELOPCO %M G ASTLEFORD CO BOX 110 705 CENTRAL AVE E SAINT MICHAEL MN 55376-8422 1 580 74 0.00 1,56024 PAYABLE 2007 ASMNT USAGEAG -GREEN ACRES IOTE Dimensions rounded to nearest fool. .opynght 2006, Dakota County his drawing is neither a legally recorded rnap nor a survey and is not intended lo be used as one. his drawing is a compilation of records, information and data located in various city county, and ate apices en: other sources, affecting the area shown, and is to be used for reference purposes my Dakota County is not responsible for any inaccuracies herein contained r discrepancies are vnd, please contact Dakota County Survey and Land Information DeparlmenL lap Date Jul} 6 20D6 Parcels Upaated 62912006 Aerial Photography 1990 SITE MAP 2006 ESTIMATED MARKET VALUES (PAYABLE 2007) 2006 BUILDING INFORMATION (PAYABLE 2007) LAND 445,300 LOT SIZE NO DATA AVAILABLE BUILDING TOTAL 445,903 3,278,201 TOTAL SO FT 7526 TOTAL ACRES SCHOOL DISTRICT 196 110,675 ROAD RAN SO FT LOCATION 1161/4 NW1/4 SECTION 29-115 -18 PAYABLE 2007 HOMESTEAD STATUS NON HOMESTEAD WATERSHED DISTRICT VERMILLION RNER LAST QUALIFIED SALE DATE AMOUNT. PLAT NAME SECTION TWN 115 RANGE 18 TM DESCRIPTION E 12 OF NW 1/4 S UBJ TO HWY ESMNT PARCEL 11 ON CTY RM' MA 21C EX PT LYING N LY OF CR 38 2911518 i