Agenda - Planning Commission - 02/02/2017

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Review File: Rezoning, Comprehensive Plan Amendment, Preliminary and Final Plat, Shoreland Overlay Variance, and Site Plan Review: Regency Commons January 27, 2017 Page 2 of 6 southwest corner of the site are guided Commercial and zoned B-1 Business. The Applicant has proposed a reconfiguration of the existing lots to create more traditional lot shapes. Phase 1 of the project would occur on Lot 1. Parcels within the E-1 Employment District are required to meet the following dimensional standards in accordance with City Code Section LOT 1 Required Proposed Lot Area 1 acre 4.45 Acre +/- Lot Width 200 feet 290 feet +/- Parcels within the B-1 Business District are required to meet the following dimensional standards LOT 2 Required (with municipal utilities) Proposed Lot Area '/2 acre 1.75 Acre +/- Lot Depth 150 feet 263 feet +/- Lot Width 100 feet 290 feet +/- Development Fees. Development Fees will be due with the Plat including, but not limited to, Park Dedication, Trail Development, and Stormwater Management. These fees are collected at the time the Final Plat is recorded and at the rate in effect when the plat is recorded. Development Agreement. Upon approval of a Final Plat, an executed Development Agreement will be required prior to releasing the plat for recording. Staff recommends approval of the Preliminary and Final Plat. Comprehensive Plan Amendment and Re -Zoning Application Review As a result of the re -platting of the Subject Properties, the Applicant is proposing that the existing zoning classification boundaries be re -configured to match the proposed parcel shapes. As such, Lot 1 would be rezoned to E-1 Employment District, and Lot 2 would be rezoned to B-1 Business District. Due to the reorganization of parcel lines and zoning districts, the designations for these parcels must be adjusted to as well. As proposed, Regency Commons would result in zero (0) additional lots being added to the Municipal Urban Service Area (MUSA) boundary. Generally, it is required that adjacent communities review the proposal and provide comment; however, if the proposed amendment is able to meet the following criteria, then that adjacent community review may be waived by the metropolitan council. • The Amendment involves a site of 40 acres or less • The amendment does not change the community's growth forecasts for 2010 - 2030 or the TAZ allocations • The amendment site is either more than one quarter of a mile from an adjacent jurisdiction or is beyond the distance or area which the community's adopted ordinances require notice to adjacent or affected property owners, whichever distance is less.