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City Council Resolution 2020-69CITY OF MONTICELLO WRIGHT COUNTY, MINNESOTA RESOLUTION NO. 2020-69 A RESOLUTION OF THE MONTICELLO CITY COUNCIL APPROVING A PRELIMINARY AND FINAL PLAT AND DEVELOPMENT AGREEMENT FOR KRISHNA COMMERCIAL WHEREAS, the applicant is the applicant and prospective owner of a parcel currently platted as Lot 2, Block 1, Jefferson Commons 3rd Addition; and WHEREAS, the subject property is currently platted as a single parcel; and WHEREAS, the applicant proposes to subdivide the subject parcel into two lots for the purpose of commercial development; and WHEREAS, the subject property is zoned B-4, Regional Business, and the proposed lots will meet the applicable zoning requirements; and WHEREAS, the Planning Commission considered the matter at its regular meeting on September 1 st, 2020, and the applicant and members of the public were provided the opportunity to present information to the Planning Commission; and WHEREAS, the City Council has considered all of the comments and the staff report, which are incorporated by reference into the resolution; and WHEREAS, the City Council of the City of Monticello makes the following Findings of Fact in relation to the recommendation of approval: 1. The proposed subdivision is consistent with the intent of the Monticello Comprehensive Plan. 2. The proposed subdivision creates lots that will continue to meet the requirements of the Monticello Zoning Ordinance. 3. The proposed subdivision will not create undue burdens on public systems, including streets and utilities. 4. The commercial development of the subject parcels is feasible given common commercial lot sizes. 5. The plat requires no new public streets or utilities, and can accommodate right-of- way, and other public improvements in the area. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Monticello, Minnesota, that the City Council approves the Final Plat for Krishna Commercial, subject to the conditions listed in Exhibit Z of the staff report as follows: I . City Council final action on vacating the 100' utility easements in place, and replacing them with the proposed easements on the Preliminary Plat drawing dated 08/10/20. 2. Location of the driveway curb cut at a shared access location, and appropriate zoning approvals related to that construction. 3. The city waives the requirement for fee title property owner signature for application (as the parcel is tax forfeit), with the condition that the applicant obtain fee title to the property prior to filing of the final plat. 4. The applicant shall pay any required special assessment interest for prior city improvement projects as part of the property acquisition. (This condition is subject to Council decision in a companion item.) 5. Execution of a development agreement related to the plat development. 6. Comments/Requirements of the City Engineer and other staff, including those related to right of way width for School Boulevard and required easement for the existing trail. 7. Comments and recommendations of the Planning Commission. 8. The plat approval is conditioned on the full payment of $310,000 to Wright County for the acquisition of the subject lot, based on the recovery of the City assessment principal and interest. BE IT FURTHER RESOL VED BY THE CITY COUNCIL OF MONTICELL0. MINNESOTA, that the document titled "Development Contract and Planned Unit Development and for Krishna Commercial," with assignment of the specific terms and conditions for public improvements and the specific terms and conditions for plat development, is hereby approved. ADOPTED this 28th day of September, 2020, by the City Council of the City of Monticello, Minnesota. ATTEST: �e ifer Schreiber, dty Clerk MONTICELLO CITY COUNCIL By: Brian Stumpf, Mayor 2