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HomeMy WebLinkAbout[05] Amendment to Millstream Shops & Lofts em' OF ST.JOS.~P" Planning Commission Agenda Item 6 MEETING DATE: February 4,2008 AGENDA ITEM: Amendment to the Millstream Shops and Lofts SUBMITTED BY: Administration STAFF RECOMMENDATION: PREVIOUS PLANNING COMMISSION ACTION: The Planning Commission has previously approved the development plan for Collegeville Development for the Millstream Shop and Lofts which included six one bedroom and.g two bedroom. BACKGROUND INFORMATION: The City has executed a development agreement between. Collegeville Development and the City of St. Joseph. This agreement specifies the number and types of units. Further, this project received a variance on the parking requirements and the change in configuration adds density. Therefore, the Planning Commission needs to review this request and make a recommendation to the City Council. ATTACHMENTS: Letter of request and map; proposed amendment REQUESTED PLANNING COMMISSION ACTION: Provide directionto the staffas to whether or not forward the amendment to the City Council. Judy Weyrens From: Sent: To: Cc: Subject: Attachments: Nathan Woodworth [nwoodworth@collegevillecommunities.com] Tuesday, January 22,20086:10 PM Judy Weyrens Jon Petters; Jim Degiovanni Mill Stream PUD 2 additional parking spots.pdf Hi Judy, Here is the letter explaining the changes we would like to make. Please let me know if you see any problems or if there is any additional info I should include. Should I plan to attend the next planning meeting to present this? Please let me know. Thank you! -nathan Attn Judy: To St Joe Planning Commission: Re: Mill Stream PUD The construction of Mill Stream Shops and Lofts is well underway. Sales of Lofts to date have been excellent with 10 of 14 units sold. Our original design called for 6 1 bdrm units and8 2bdrm units. We have seen a markedly higher interest in the larger units. It is our hope to alter the configuration of three of the units. One 1 bdrm + den unit would be changed to a 2bdrm and 2 1bdrm units would be combined to a single 3bdrm unit. The net effect on parking requirements will be to add two spaces. (3 1bdrm units require 1.5 spots each for a total of 4.5) (a 2bdrm requires 2.5 and a 3bdrm requires 4 for a total of 6.5) Collegeville Communities plans to pave two additional spaces indicated on the attached site plan to meet this requirement. The effect on the taxable value and the TIF note will be negligible as the projected sales values are near identical (3 * 1bdrm = $300,000 vs 2bdrm @ $130,000 + 3bdrm @ $165,000) The overall size of the building will remain unchanged just the interiors reconfigured. Thanks for your attention. ' Best Regards, Nathan Nathan Woodworth, Broker Vice-President Corporate Sales Collegeville Companies 1015 West St.Germain Suite 340 St. Cloud, MN 56301 . Office: 320.654.0762 Cell: 507.254.4947 Fax: 320.654.0790 1 Z~NJ '1r I I ~ 97'1Wa~ ,.'l!;_, ~ ..l;;rl1,<, l++-J+tl I I , II ) -..... ~a ;tNW_ tr -~ ~~ ~~ f- lU ILl IV l- II ~ ('.) \l'> ILl :z: z =E I I Ii I I I i I I I I I I i I I \ I \ , \ ~ (L ~ \S) rtt i OJ I 0 i .... ; Q) I c r:: I ~ I ~ a. QI III 0 ...., i vi I I r:: I ~ 0 i OJ c I ~ "0 r:: ... QI aI ... ... VI tll , ... 0 .... Ql c c ~ "0 r:: tll QI :J c Q) > <( QI O'l QI '0 u .... s::o ~ ... OQJ I,) C ,6 . ... ':I: 8.8 ~ 1 OQJ"U I r-..c ~ I -;-;:.... ... J ;:.: r:: g , := 0 ";=;. I ro"O -5 ~ ~ ; 1;; ~.j; 'I = 0 ~ . '-E - 13 .~ @ :i',~ @- $: 0 E' ?..oJ :0 .;;> "" ~ .. '^ Ci N a. ,; to 0 ~ 1 r--..r::.;: i o VI" j . E t' I o;:j- r;S ';, I t8 b g I ciVIl; I N= ~ I M::E n:: ! ~ r.' '" rZ-It- rv'''" _0 r .... i,-L (/)'t ~g .....::!'" ~ :g AMENDMENT TO CITY OF ST. JOSEPH DEVELOPER AGREEMENT (For Millstream Shops and Lofts PUD Project) THIS AMENDMENT TO THE CITY OF ST. JOSEPH DEVELOPER AGREEMENT FOR MILLSTREAM SHOPS AND LOFTS PUD PROJECT, made and entered into this ' day of , 2008, by and between Collegeville Development Group, LLC., a Minnesota limited liability company, and Collegeville Communities, LLC., a Minnesota limited liability company, hereinafter jointly called "Developer", and the City of St. Joseph, Minnesota, a muniCipal corporation, hereinafter called the "City". WITNESSETH: WHEREAS, the Developer and City entered into a Developer Agreement for Millstream Shops and Lofts PUD Project, dated June 27, 2007 (hereinafter "Developer Agreement"), for the following described property located within the City ofSt. Joseph: Lot 1, Block 1, and Lot 1, Block 2, Millstream Plat, St. Joseph, Steams County, Minnesota WHEREAS, the Developer and City desire to amend Section 3.2(m) of the D~veloper Agreement. WHEREAS, Section 3.2(m) of the Developer Agreement stated that there would be 14 residential units in the PUD consi,sting of 6 single-bedroom units and 8 double-bedroom units. 1 WHEREAS, the City and Developer desire to amend Section 3.2(m) of the Developer Agreement to provide that the .residential uses shall consist of 14 residential units consisting of 5 single-bedroom units and 9 double-bedroom units. . NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 1.0 That portion of Section 3.2(m) dealing with residential uses shall be changed to provide that the PUD shall have 13 residential units consisting of 3 single-bedroom units and 9 double-bedroom units and I three-bedroom unts. 2.0 All other provisions of the Developer Agreement, dated June 27, 2007, shall remain the same imd shall continue to have full force and effect as specified in the June 27, 2007, Developer Agreement. Signed and executed by the parties hereto on this _ day of , 2007. ATTEST CITY OF ST. JOSEPH By Judy Weyrens City Administrator By Alan Rassier Mayor DEVELOPERlCOLLEGEVlLLE DEVELOPMENT GROUP, LLC. By Name Title DEVELOPERlCOLLEGEVlLLE COMMUNITIES, LLC. By Name Title 2 STATE OF MINNESOTA ,) )ss COUNTY OF ) This instrument was acknowledged before me on , 2008 by Alan Rassier and Judy Weyrens, the Mayor and City Administrator respectively, of the City of St. Joseph a Minnesota municipal corporation, on behalf of said City. NOTMUAL STAMP OR SEAL (OR OTHER TITLE OR RANK) SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL ' STATE OF MINNESOTA) )ss COUNTY OF ) This instrument was acknowledged before me on , 2008 by , the of Developer/Collegeville Development Group, LLC. executed the above Agreement on behalf of said corporation. NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK) SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL 3 STATE OF MINNESOTA ) _ )ss COUNTY OF ) This instrument was acknowledged before me on , 2008 by - , , the of Developer/Collegeville Communities, LLC. executed the above Agreement on beh~f of said corporation. NOTMUAL STAMP OR SEAL (OR OTHER TITLE OR RANK) SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL TAX STATEMENTS FOR THE REAL PROPERTY DESCRIBED IN THIS INSTRUMENT SHOULD CONTINUE TO BE SENT TO PREVIOUS OWNER THIS DOCUMENT DRAFTED BY: Thomas G. Jovanovich - 5284X Rajkowski Hansmeier Ltd. 11 Seventh Avenue North P.O. Box 1433 S1. Cloud, MN 56302 Telephone: (320) 251-1055 4