C Rosemount Property Updated
CITYOF
7700 Market Boulevard
PO Box 147
Chanhas~"n MN 55317
Administration
Phone: 952.227.1100
Fax: 952.227.1110
Building Inspections
Phone: 952.227.1180
Fax: 952.227.1190
Engineering
Phone: 952.227. I 160
Fa>:: 952.227.1170
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.... .952.227.1120
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23i0 .....
Phon~.: 952.227.1400
F~:<: 952.227. i 404
Planning &
Natural Resources
Phone: 952.227.1130
Fa'.,,: 952.227.1110
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i59! Park Road
Phone: 952.227.1300
Fax: 952.227.1310
Senior Center
Phone: 952.227.1!25
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Web Site
w:,~','.ci.chanhassen.rnn.us
TO:
Mayor & City Council
FROM: Todd Gerhardt, City Manager
DATE: June 19, 2002
SUB J:
Update on Subdivision of the Rosemount Property
The city has received a request from Rosemount, Inc. to subdivide their
property. Under the "Private Redevelopment Agreement" which oUtlines the
assistance the city proVided to Rosemount for locating in our community, the
city specified that their property (all 59 acres) must remain under one
ownership. Rosemount is requesting a release from this condition; thus allowing
them to subdivide and sell two parcels under their current proposed subdivision
(Attachment # 1).
It is my recommendation that Rosemount be allowed to subdivide, but only the
area known as Lot 1, Block 2, Chanhassen Lakes Business Park 7th Addition. I
would also recommend that the city receive 50% of the net revenue derived
from the sale as compensation for using public dollars to acquire the property
for Rosemount.
I cannot support the subdivision of Lot 2 for several reasons. First, there-is a
large stand of trees on the site. Secondly, there may be a public use for this
property, such as a site for a water treatment plant, affordable housing, future
school, or possible expansion of Lake Susan Park.
No action is needed on this item as it will be placed on a future City Council
agenda for consideration.
gAadmin\tgXrosemount subd
The City of Chanhassen · A growing community with clean lakes, quality schools, a charming downtown, thriving businesses, winding trails, and beautiful parks. A gBat place to live, work. and play.