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Finance Officer Lund explained if the City bonds over ten million dollars they would become <br />non-bank qualified themselves and the escrow would not be required from the school. <br /> <br />City Attorney Goodrich explained the City will have a better picture of the amounts by the time <br />these bonds are sold. If the City needs to go up an extra two million dollars they could do that <br />the .day before the bonds are sold. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmenqbers Cook, Kurak, Elvig, Pearson, <br />Strommen, and Zimmennan. Voting No: None. <br /> <br />Case #3: Request for Comprehensive Plan Amendment; Case of Scott Hagen <br /> <br />Community Development Director Frolik explained the 2001 Comprehensive Plan shows the <br />parcel south of' Highway 10, immediately west of Llama Street, as Medium Density Residential. <br />A commercial use, Hi-Ten Sports, has been operating on the parcel for many years. In the <br />process of selling the property, the owner and staff became aware of the parcel's Medium <br />Density Residential land use desigmation. She explained the parcel was shown with a <br />Commercial land use in earlier drafts of the Comprehensive Plan, Staff was unable to determine <br />the rationale fbr changing the parcel's designation to Residential in the adopted Comprehensive <br />Plan. Staff feels that the existing commercial use of the property is more compatible with the <br />other commercial uses to the east in Alpaca Estates rather than as a Medium Density Residential <br />use. Even though it appears that the parcel's current designation is a technical error, it was <br />shown as Medium Density Residential in the 2001 Comprehensive Plan adopted by the Council. <br />Because of this, the applicant must apply for a Comprehensive Plan amendment and rezoning. <br />Staff and the Planning Cornlnission recommend approval of the Cornprehensive Plan <br />Amendment and to waive the application fee. <br /> <br />Councilmember Elvig inquired if staff is aware of any other properties in this condition. <br /> <br />Community Development Director Frolik replied there are not any other properties that have <br />been brought to staff's attention. <br /> <br />Motion by Councilmember Kurak, seconded by Councilmember Cook, to adopt Resolution #04- <br />02-042 identifying findings, approving a Comprehensive Plan Amendment to change a land use <br />designation fi'om Medium Density Residential to places to shop, and authorize City staff to <br />submit an application to the Metropolitan Council for an amendment to the Comprehensive Plan. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Kurak, Cook, Elvig, Pearson, <br />Strommen, and Zimmennan. Voting No: None. <br /> <br />Motion by Councilmember Cook, seconded by Councilmember Elvig, waive the Comprehensive <br />Plan Amendment application fee. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Cook, Elvig, Kurak, Pearson, <br />Strommen, and Zimmerman. Voting No: None. <br /> <br />Case #4: <br /> <br />Introduce Ordinance to Rezone Certain Property from R-2 Medium Density <br />Residential to B-2 Business; Case of Scott Hagen <br /> <br />City Council/February 10, 2004 <br /> Page 9 of 18 <br /> <br />P37 <br /> <br /> <br />