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HomeMy WebLinkAbout4.c.1.Review of Infrastructure Schedule CITY OF ROSEMOUNT EXECIITIVE SUi�IlKARY FOR ACTION PORT AUTHORITY MEETING DATE: MAY 4, 1994 AGENDA ITEM: BUSINESS PARK: REVIEW OF AGENDA SECTION: INFRASTRUCTURE SCHEDULE OLD BUSINESS PREPARED BY: JOHN MILLER, AGENDA NO. ECONOMIC DEVELOPMENT COORDINATOR 4 . C. (1) ATTACI�IENTS: NONE APPROVED BY: The projected start of road and utility construction in the Rosemount Business Park is for early June. Prior to that start-up, county ordinances require a final plat be recorded. The Rosemount city council has approved a final plat for Phase la of the business park that shows street location for the "Business Parkway T" and for what is known as the Muller lot. At this time I've been advised by the port authority' s consulting engineer, Dave Simons, that for the plat to be recorded by the start of infrastructure construction it should be submitted to the county no later than the end of the first week in May. At this time the port authority has no purchase agreement with Muller Family Theaters. If the ten acre parcel shown as Lot 1, Block 1 of the . Rosemount Business Park is not sold to the Mullers, the port authority has two options, this assuming the plat is recorded: 1. Keep the lot and attempt to market it to another user. 2 . Replat the lot into other configurations or sizes . Implementation of these options may cost the port authority additional money in engineering costs or pose marketing problems . While there has been complete agreement from the board on the location of Business Parkway and the need to complete some infrastructure items, the board members should be aware of both the need to file the plat before the Muller negotiations are completed and the risk this leaves for the port authority. I would appreciate any insight the board members may have on this activity. Unless directed otherwise, I will ask Mr. Simons to submit the final plat to Dakota County. RECOI�IlKENDED ACTION: None. Discussion item. PORT AUTHORITY ACTION: