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TO: Mayor Thomas J. Weisner
FROM: Planning Commission
DATE: February 25, 2016
SUBJECT:
A Resolution Approving the Final Plat for Maruti Subdivision on the property located on east side of Lake Street north of Indian Trail Road (Jay Maruti #3 Corporation - L15-00200 / AU10/3-13.071-Rz/SU/FSD/FPN - TV - Ward 6)
PURPOSE:
The Petitioner, Jay Maruti #3 Corporation, is requesting a Final Plat for Maruti Subdivision on the property located on east side of Lake Street north of Indian Trail Road to create a 2-lot subdivision.
BACKGROUND:
The Subject Property is located at 1271 N. Lake Street and currently houses Dee's Place restaurant which is located on the south portion of the property and the north portion of the property consists of a parking lot. The property at 1271 N. Lake Street has B-3(S) Business and Wholesale zoning. The City owns the property at 1275 N. Lake Street which bisects the 1271 N. Lake Street with a "flagpole" lot that extents from the east to Lake Street. The property located at 1275 N. Lake Street has B-2 Business District, General Retail zoning. Additional information on the legislative history of the property can be found in the attached Property Research Sheet.
To facilitate the redevelopment of the Subject property, the City will be conveying the "flagpole" portion of the City's property to the Petitioner in exchange for an easement along the north property line to access the properties to the east along the river. The Easement Agreement and Conveyance is being reviewed and approved concurrently by City Council under a separate action.
The Final Plat proposal includes creating a 2-lot subdivision in order to redevelop this site. Lot 1 will consists of a proposed Dunkin Donuts restaurant which is located at the northern portion of the Subject Property and Lot 2 consists of the existing restaurant and the "flag" portion of the City's property which is located on the southern portion of the Subject Pro...
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