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A RESOLUTIOxN GRANTING PRELIMINARY <br />APPROVAL OF A CLASS III SUBDIVISION <br />FOR PROPERTY LOCATED AT 3350/3400 FOX STREET <br />- FILE NO. 2204 <br />WHEREAS, James G. Fullerton, III, an authorized representative of the Fullerton <br />Trust, (hereinafter the "subdivider") on December 23,1996, filed a formal subdivision application <br />with the City for approval of a five lot residential plat of property legally described as: <br />Tract A, RLS No. 1321, and Tracts A, B and F, RLS No. 1358, Hennepin <br />County, Minnesota (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 Orono <br />Planning Commission held a public hearing on January 21, 1997, at which time all persons <br />desiring to be heard concerning this application were given the opportunity to speak thereon; <br />and <br />WHEREAS, at their regular meeting held on February 24, 1997, the Orono City <br />Council considered the subdivision application of the subdivider noting the following findings <br />of fact: <br />1. <br />3. <br />Tlic property is located within the LR-IA Single Family Lakeshore Residential <br />Zoning District requiring a minimum of two acres of contiguous dry buildable <br />land within each newly created lot. <br />The property contains a total of approximately 26.72 acres with 1.94 acres of a <br />Type 2 wetland not protected by the City of Orono's ordinances. <br />The proposed plat consists of five residential lots each meeting the minimum lot <br />standard requirements of the LR-IA Single Family Lakeshore Residential Zoning <br />District. <br />Page 1 of 7