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MEMORANDUM DATE: October 22, 2013 TO: Ryan Streff FROM: Matthew Bachler SUBJECT:Country Financial Property –2 Pine Tree Drive Background The Country Financial office building at 2 Pine Tree Drive was approved in Planning Case 77- 027.At the time, Mutual Service Life Insurance Company (MSLI)was seeking to purchase 54 acres of land to locate theircorporate headquarters. MSLI requested arezoning ofapproximately 42 acresfrom the existing R-1 classification to R-B.Of the remaining 12 acres on the site, MSLI dedicated7.5 acres to the City as parkland (now a portion of the Crepeau Nature Preserve), and the other 4.5 acres wereleft in a natural state retainingthe R-1 zoning classification. The City initially required MSLI to apply for a rezoning and Special Use Permit for a Planned Unit Development.Atthe time the rezoning was requested, the company was considering developing four residential properties at the southwest corner of the site. Intheir review of PC 77-027, thePlanning Commission recommended approval of the rezoning, with the recommendation that the Council not give final approval until MSLI had submitted the development plans required for the Special Use Permit.The Council elected not to wait to review the development plans and approved the rezoning request with the exception that an easterly border, 100 feet in width, retain theR-1classification. Subsequently,MSLI didnot to move forward withthe proposal for residential units on southern end of the property. Since the proposed use forthe site was a single office building, which was a permitted use in the R-B zoning district, the development plans werereviewed through the Site Plan Review process rather than as a Special Use Permit. No formal development agreements related to this case between the City and MSLI have been found in the City’s recordsor are filed against the property. There have been three planning cases pertaining to the property since the approval ofPC 77-027: Planning Case 87-025: a site plan amendment was granted allowing for the expansion of the existing parking lot on the site. Planning Case 04-004: a sign standard adjustment was approved allowing for additional wall signage on the office building. Planning Case 09-020: a conditional use permit was approved allowing for the placement of a telecommunication antenna on the property.