Agenda - Planning Commission - 09/06/2012

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Rezoning a property before it is listed makes the property marketable. If properties are not rezoned, it may make potential buyers apprehensive. Furthermore, a rezoned property allows potential property owners to better evaluate the potential use of a property. This process is done by Ordinance and requires a Public Hearing. For information on rezoning: Chapter 117, Section 49. COMPREHENSIVE PLAN (B): If the proposed zoning amendment also changes the land use designation on the Future Land Use Map, a Comprehensive Plan Amendment shall be required. This process requires approval by the Metropolitan Council, often times done administratively. This process is done by Resolution and requires a Public Hearing. STEP 4: MARKET: Marketing properties could be done by means of a realtor, auction or for -sale -by -owner. The City Council will make this decision on a case by case basis, based on the criteria outlined in the findings -of -fact document. STEP 5: PURCHASE AGREEMENT: City staff and a potential buyer will negotiate a purchase agreement. After an agreement in negotiated, a draft will and brought back to the City Council for discussion and approval. For properties identified as dedicated or restricted will begin this process at step one, as outlined above. Then, under direction of the City Attorney, follow the process outlined below: A. Contact previous property owner(s) to if they would be willing to give their property to the City, with free and clear title B. Take property title to court and attempt to remove restrictions C. Return property with free and clear title to original owner; or retain City ownership D. In the event the City retains ownership, the process would continue at step two outlined above. In the event the property is returned to the original owner, the disposition process would end.