DEVELOPMENT BUSINESS - Bryan K. Schafer, Planning and Community Development Director
Title
RELEASING LOTS 1 AND 2, BLOCK 1 BLAINE PRESERVE BUSINESS PARK DEVELOPMENT AGREEMENT (CASE FILE NO. 18-0068/BKS)
Schedule of Actions
Background
The City is requested to release Development Agreements from specific lots on a fairly regular basis. In this case the original developer is selling the property (two multi-tenant industrial/office buildings) and wishes to remove the Development Agreements from the title as part of the sale. The City Council must adopt a resolution that authorizes the Mayor and Clerk to execute the release.
There are no development agreement related issues with these two parcels.
Attachment
Zoning and Location Map
Release Document
Recommendation
By motion, approve the Resolution.
Body
WHEREAS, Lots 1 & 2, Block 1 of Blaine Preserve Business Park is subject to a Development Agreement and;
WHEREAS, the property owner has requested the City to release said lots from the recorded development agreement (Document No. 492750.007) and;
WHEREAS, the City has determined that there are no outstanding development issues related to said lots and therefor no further purpose for the agreement.
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:
Lots 1 & 2, Block 1 of Blaine Preserve Business Park, according to the recorded plat thereof, Anoka County, Minnesota
PASSED by the City Council of the City of Blaine this 6th day of December, 2018.