Tuesday, November 16, 2010

Another property option

I did mention another option: there is a 25 acre undeveloped lot next to the easement lot which is owned by the school district.  Since the recent school district referendum failed, I mentioned that by selling this land, the school district could raise funds, the city would have more land in the tax base and would be business friendly, Malt-O-Meal would have a large piece of land that could be used to build their office park and they could keep the conservation easement in place and show their concern for the environment..

Unfortunately, I have no leverage to get this done - Malt-O-Meal already has the 4.5 acre piece of property and it sounds like they have some sort of plans drawn up (the work session indicates that they are planning a holding pond on the northeast corner).  And the City of Lakeville has the full power to alter the 4.5 acre land to accommodate the building and parking lot.   The school district lot would require money spent by Malt-O-Meal to buy it, agreement by the school district, and work by the city.

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