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A RESOLUTION GRANTING PRELIMINARY <br />APPROVAL OF A CLASS III SUBDIVISION FOR <br />PROPERTY LOCATED AT 440 STUBBS BAY ROAD NORTH <br />FILE NO. 04-2968 <br />f <br />WHEREAS, Lane Moore of Custom Structures (hereinafter the “subdivider") o<* <br />December 11,2003, filed a formal subdivision application with the City for approval of a <br />two lot residential plat of property legally describ^ as: <br />The South 10 acres of the Southwest V* oi the Northeast '/i of Section 32, <br />Township 118, Range 23, Hennepin County, Minnesota <br />(hereinafter ‘‘the property”); and <br />WHEREAS, after due published and mailed notice in accordance with Minnesota <br />Statutes 462.358 et. seq. and the City of Orono’s Zoning and Subdivision Codes, the <br />Oruno Planning Commission held a public hearing on January 20,2004, at which time all <br />persons desiring to be heard concerning this application were given the opportunity to <br />speak thereon; and <br />WHEREAS, at its regular meeting held on February 9,2004, the Orono City <br />Council considered the subdivision application of the subdivider noting the following <br />findings of fact: <br />1. The property is located within the RR - IB, One Family Rural Residential <br />Zoning District requiring a minimum of 2 acres of contiguous dry <br />buildable land within each newly created lot. <br />2. The property contains approximately 10.287 acres of land of which 5.04 <br />acres is delineated wetland. <br />3. The proposed plat consists of two residential lots each meeting the <br />minimum lot area requirement of the RR - IB, One Family Rural <br />Residential Zoning District each meeting a minimum of 2 acres of <br />contiguous dry buildable land. <br />4. The proposed subdivision to create residential lots of two acres in area or <br />larger conforms to the provision of the RR-IB Zoning District and the <br />Page 1 of? <br />%•