Consent - Sheila Sellman, City Planner
Title
Title
Releasing Lot 10-16, Block 2, Northstar Industrial Park from Recorded Development Agreement (Case File No. 22-0019/SAS)
end
Executive Summary
Medtronic has requested the release of their development agreement as the project is complete.
Background
Staff report prepared by Sheila Sellman, City Planner
As part of the development process a Development Agreement is entered into with the city outlining the specifics of the development, once completed the city can release the developer from the agreement.
Medtronic has requested that the City release Lot 10-16, Block 2, Northstar Industrial Park from the recorded development agreement (this site has been replatted and now has the legal description of Lot 1, block 1, Medtronic 2nd Addition).
This agreement was entered into in 2007 and has been completed and therefore, can be released. The City Council must adopt a resolution that authorizes the Mayor and City Clerk to execute the release.
Strategic Plan Relationship
Not applicable.
Board/Commission Review
Development agreement releases do not require a public hearing or Planning Commission review.
Financial Impact
Not applicable.
Public Outreach/Input
Not required.
Staff Recommendation
By motion, adopt the Resolution.
Attachment List
Zoning and Location Map
Release Document
Body
WHEREAS, Lot 10-16, Block 2, NorthStar Industrial Park, is subject to a recorded Development Agreement and;
WHEREAS, the property owner has requested the City to release said lot from the recorded development agreement recorded as Document No. 4061177 (recorded October 19, 2007) and;
WHEREAS, the City has determined that there are no outstanding development issues related to said lot and therefore no further purpose for the agreements.
NOW, THEREFORE, BE IT RESOLVED, that the Blaine City Council authorizes the Mayor and City Clerk to execute all necessary documents releasing said Development Agreement for the following described property:
Lot 1, Block 1, Medtronic 2nd Addition (previously Lot 10-16, Block 2, NorthStar Industrial Park)
PASSED by the City Council of the City of Blaine this 21st day of March, 2022.