04-13-1992 Council Packet - Laserfiche WebLink

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m mM'- • ■^ p^a :m fe:v-fc p;-.v ■ -■. CV--- *13« :rv./r^ ZOMZtiG FILE »1310 CONTIHUBD project beginning. Mr. ELsinc<ir stafsa that he did not think traffic would be a problem. Kelley stated that there should be additional signage on Highway 12, and/or perhaps an .idditional passing lane installed. There were no comments from the public regarding this matter and the public hearing was closed. It was moved by Kelley, seconded by Cohen, to table #1310. Motion, Ayes“5, Johnson-Nay. Motion passed. 11321 TOM BAISLET 950 OLD CXtYSTAL BAY ROAD NORTH CLASS IIZ PKELIMINARY SUBDIVISION PUBLIC HEAPING 7:45 P.M. > 0:00 P.M. The Affidavit of Publication and Certificate of Mailing were noted. Applicant was present fcr this matter. Applicant explained that the School District could not do anything further with regard to purchasing the parcel as a whole. In order for the School District to acquire this property, it was necessary to break the parcel into four lots which could be acquir 'd one lot at a time. It is their intention to purchase Lot A »’.his year and purchase the re.'naining Lots before the contract expired. Other municipalities have done “an administrative split”, wnich means the parcel is not really subdivided In l.*g‘>t of it eventually being purchased as a whole. Kelley asked why applicant did not proceed in this manner. Habusth explained that the School District could not creatw any kind of a lease or contract to transfer land unless it was done through a division, per Oronc subdivision regulations. Kaislet noted the School District coulc not enter Into a longterm investment, which would be required iJ the parcel was purchased as a whole, but rather must be able to liquidate the property quic.kly should che School District require any additional funds. Cohen asked applicant what would happen should the School District not purchase the property. Bellows stated that she would be leary to grant the School District this type of a subdivision, when they had recently failed to follow through on a similar matter. Mr. Halslet said that the School District would be in default of t.he contract as stated if tney should fail to fully comply. Cohen asked whether the purchase agreement pertained to the entire parcel. Hr. Haislet said that the purchase agreement required that the first lot be sold to the School District, and the remaining Lots be leased at a set price and acquired at a time when the School District had the funding available. Cohen wanted to see the purchase agreement. Applicant stated that the purchase agreement is being negotiated between the attorneys for the sellers and the School District. A •? 'f t*. ii r •V * * *•. .r. M., : V-'‘ V ••"'>2 V* ...-Si ». . V •> ■ •.* r , •-T' ♦ e *