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    4. 9.    
CC Regular Session
Meeting Date: 09/12/2017  
By: Chris Anderson, Community Development

Information
Title
Adopt Resolution #17-09-229 Approving an Amended Development Agreement for Regency Commons Addition (Project No. 16-108); Case of National Self Storage
Purpose/Background:
The City Council approved a Minor Plat and Site Plan related to Regency Commons in February of this year. At that time, the necessary details to prepare a Development Agreement were not available. Since that approval, the Developer has submitted an Engineer's Estimate of the Required Improvements (excluding the building), which is needed to calculate the sureties and inspection fees for the project.  The City Council approved a Development Agreement for the project in June, 2017.  Since that approval, the Developer has worked with Anoka County Highway Department Staff and received approval for a phased access to the property.  A full ingress/egress access will be constructed in the future upon development of Lot 2, Block 1 and will be located approximately eighty (80) feet north of the initial access point.   The paragraph #2 of the Development Agreement has been amended to include language addressing the future construction of the full ingress/egress access.

The project itself consolidated three (3) parcels into two (2) parcels and included a Site Plan for the construction of a self-storage facility on the newly created northern lot. The southern lot would be marketed for potential commercial uses outlined in the B-1 General Business District. The attached Development Agreement addresses the improvements related to the development of Lot 1 Block 1 Regency Commons.
Notification:
Notification is not required for consideration of a Development Agreement.
Funding Source:
All costs associated with this request are the responsibility of the Applicant.
 
Recommendation:
Staff recommends approving the Development Agreement subject to incorporating the revision date of the final plans.
Action:
Motion to adopt Resolution #17-09-229 approving an Amended Development Agreement for Regency Commons.

Attachments
Site Location Map
Amended Development Agreement
Resolution #17-09-229: Amended Development Agreement

Form Review
Inbox Reviewed By Date
Tim Gladhill Tim Gladhill 09/06/2017 10:07 PM
Kurt Ulrich Kurt Ulrich 09/07/2017 02:06 PM
Form Started By: Chris Anderson Started On: 09/06/2017 03:44 PM
Final Approval Date: 09/07/2017

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