Amended Lot 4A, Block 2, Goodman Subdivision, 4th Filing is a proposed subdivision that would create 2 lots from a 0.77 acre lot at the southeast corner of 41st Street West and Avenue C. The property is owned by Randall Swenson, Jeff Muri, LLC, and Bearcreek Investments, LLC. City Council granted conditional approval of the preliminary plat of Amended Lot 4A, Block 2, Goodman Subdivision, 4th Filing on August 22, 2011. Section 23-303(I) of the City Subdivision Regulations stipulates that the conditional approval of preliminary plats shall be in force for not more than three years, unless a request for an extension is received and approved by City Council. The City Council may issue more than one extension. 

The three-year preliminary plat approval period for this subdivision will expire August 22, 2014. The subdivider has requested an extension to the preliminary plat approval for an additional three years to allow the ability to customize the new lot line once a purchaser is lined up. The subdivider's request letter and staff analysis can be found as attachments to this report. If the request is granted the new expiration would be August 22, 2017.

The City Council may: 

• Approve the request to extend the preliminary plat approval for three years; or
• Deny the request to extend the preliminary plat approval for three years. 

Platting two lots that are currently vacant and reselling them to private individuals would increase the tax revenues for the City. Allowing the subdivider up to three additional years to prepare the final plat documents for approval and recording should not have any direct financial impact to the City.

Planning staff recommends that the City Council approve the request for an extension of the preliminary plat approval date for Amended Lot 4A, Block 2, Goodman Subdivision, 4th Filing for three years, and set the new expiration date to August 22, 2017.