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Co. Rd. 6 Acquisition: Hanning <br /> October 21, 1999 <br /> Page 3 <br /> 2. Hennepin County has acquired an easement for road purposes over the portion <br /> of the property described in Exhibit B. <br /> 3. Orono Municipal Zoning Code Section 10.02.34 excludes the use of area <br /> dedicated as public right-of-way as credit towards lot area requirements. <br /> 4. The Property contained approximately 11.2 dry buildable acres prior to the <br /> right-of-way easement acquisition and contains approximately 10.8 dry <br /> buildable acres after the acquisition. <br /> 5. The impact of the easement makes creation of a regularly shaped new building <br /> lot even more difficult than before the acquisition, due to the location of the <br /> existing residence on the property. <br /> 6. The basis for creation of the 5-acre zoning district in 1974 was to retain the <br /> low-density rural character of northwest Orono. Allowing subdivision of the <br /> 11-acre property into two lots of approximately equal area will not be in <br /> conflict with the City's rural philosophy. <br /> 7. Granting area credit for the area of the road easement will allow a subdivision <br /> creating a new building lot that is less irregularly shaped than the lot that could <br /> be created absent such credit. <br /> 8. Granting such credit is reasonable given the impact of this taking on the <br /> developability of the property. Further, because the credit that would be <br /> granted for each newly created 5-acre building site would be approximately <br /> 1/4 acre or less, the new lots would have 95% of their area outside the <br /> easement, and this 5% "variance" has little impact on the future use of each <br /> 5-acre lot, as compared to the major impact if 1/4 acre of a 1 acre or 1/2 acre <br /> lot was in right-of-way. <br /> 9. The granting of this credit is unique to to this property because it involves the <br /> settlement of litigation in regards to a right-of-way condemnation, which is <br /> not the case in most other properties in this or other zoning districts in Orono. <br /> THEREFORE, the City Council of the City of Orono hereby agrees to the following: <br /> 1. The Hannings and their heirs, successors and assigns will be granted dry <br /> buildable area credit for the dry buildable land taken through condemnation <br /> for County highway construction purposes, such dry buildable land described <br /> in Exhibit A, for the purpose of subdividing the property. <br />