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04/02/93 Wood/Analysis of Monk & City Airport PropertiesMEMORANDUM TO: Larry Gallagher, Director, PECDD ; ,} FROM: Brian J. Wood, Zoning Administrator DATE: April 2, 1993 RE: Analysis of Monk & City Airport Properties Larry, this memo will attempt to summarize issues and conditions relative to the above -referenced properties. Monk owns property adjacent to the .runway of the city airport which, if subdivided and developed, could have an adverse impact on the ability of the city to safely expand and improve the airport. During our meeting with Mr. Monk and Tom Wiggins, a prospective purchaser and developer of the Monk property, a number of scenarios involving Monk, Wiggins and the city were discussed. One possible deal would have Wiggins purchase a portion of the Monk property, and, rather than developing it, he would in turn exchange the property with the city for city -owned land on Airport Road. To begin exploring this possibility, appraisals of the two properties have been ordered. Mr. Monk may be interested in a similar arrangement. Mr. Monk has applied for preliminary subdivision approval through the FRDO. Unless he requests an extension, the County Commissioners will have to act on the subdivision in the next week or ten days. I have asked him to do so. The Monk property subject to subdivision review totals 11.6 acres in area - 7.704 acres in lots and 3.896 acres in a private road and utility easement. Per an agreement with the Evergreen Water District, sewer has been stubbed to each of the proposed lots in exchange for the utility easement. It is my understanding that Wiggins is interested in lot 5 alone, a three -acre parcel. The city -owned property which could be involved in a trade is described as Tract 1G in Section 19, T28N, R21W, Flathead County, MT. The tract is 2.25 acres in size and zoned RA-1. Attached is a copy of an appraisal done in 1988 which points out the existence of a 35' sewer easement and the possibility of floodplain encroachment on a small portion of the site. Neither of these features would preclude development of the property. Monk and Wiggins are party to a developer's extension agreement with the city regarding a sewerline extension. To date, no one has contributed to the cost of the extension, and the two are asking the city to extend the life of the extension agreement so that they are afforded further opportunity to recover some of their costs. I will secure a copy of the agreement from the city attorney and forward it to you.