Minutes - Council - 10/23/2007 - Laserfiche WebLink

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preliminary plat approval, however, the City can grant a timed extension to the applicant. On September 20,2006, the developer requested an extension until October 25,2007, which the City Council granted. She stated that on September 20,2007, the City received another request from the developer for another one-year extension. She stated that the reason given by the developer is the uncertainty in the market. Councilmember Dehen stated that this cycle of extensions could go on for years and asked what negative impact this could have on the City other than the fact that' architectural standards may change. He asked if the City Council denied this request for an extension whether the developer would need to come back in with upgraded architectural standards. Associate Planner Geisler stated that if the City Council did deny this request the developer would need to come back with upgraded architectural standards. She stated that staff has looked at whether the standards have changed significantly since the original preliminary plat approval and found that they had not. She stated that staff is recommending that this extension be approved, but not recommending any additional extensions be granted after the 2008 comprehensive plan goes into effect. Motion by Councilmember Olson, seconded by Councilmember Elvig, to adopt Resolution #07- 10-292 granting a one year extension to Summerset Meadows LLC to submit the final plat for the Summerset Meadows subdivision. Motion carried. V oting Yes: Mayor Gamec, Councilmembers Olson, Elvig, Dehen, and Look. Voting No: None. Absent: Councilmembers Jeffrey and Strommen. Case #5: Adopt Ordinance Declaring Land as Surplus for Property and Authorizing the Sale of Lot 5, Block 4, Gateway North Industrial Park Plat 2 Economic Development Coordinator Sullivan stated that the City Council had introduced an ordinance on October 9, 2007 to declare this property surplus and authorize its sale. Councilmember Dehen stated that in the ordinance it states that the Council has determined the consideration and terms upon which the above described property may be sold. He stated that he does not recall seeing any terms for the sale. Economic Development Coordinator Sullivan stated that once the ordinance is adopted, it will be published for a 30 day period, then staff can negotiate the deal and bring the terms back the City Council. City Attorney Goodrich stated that Section 3 of the ordinance could be removed. Councilmember Dehen asked if there was anything saying that the City needed to move the property within a certain amount of time. He stated that there is a depressed market right now, so he would like to hang onto the property until there is a rebound in the market. City Administrator Ulrich stated that if the ordinance is approved, it does not obligate the City to sell this property in a certain amount of time, so the City can wait for the market price to be City Council /October 23, 2007 Page 12 of 21