Agenda - Council - 01/22/2002 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I Motion by Mayor Gamec, seconded by Councilmember Anderson, to authorize a $150,000 Revolving Loan to Sunfish Commons Partnership, subject to the recommendations of Mr. Mulrooney dated November 19, 2001 being met as well as all loan documents being approved by the City Attorney and Economic Development Consultant Mr. Mulrooney. Further discussion: Councilmember Kurak inquired as to what fund the money will be coming from. Finance Officer Lund replied that Public Improvement Revolving Fund. City Attorney Goodrich noted that he will be recommending that the payments be made monthly rather than an annual payment because it is more reliable. Councilmember Kurak questioned the City Attorney's opinion pertaining to the City being a junior lender if they were to default. City Attorney Goodrich replied that the Cky will be receiving personal guarantees. CoUncilmember Kurak inquired as to what would happen if they were to default on the first mortgage. City Attorney Goodrich replied that the City would go for the personal guarantees. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, Hendri'ksen, and Kurak. Voting No: Councilmember Zimmerman. Case #4: Request for an Interim use Permit for a Temporary Office Structure and Outdoor Storage; Case of Kenko, Inc. Community Development Director Frolik stated that Kenko, Inc. has submitted an application for an Interim Use Permit to allow them to use property located at the northeast comer of 147~ Avenue and Ferret Street for outdoor storage and to place a temporary office structure on the property. Kenko is asking that the Interim Use Permit be in place for five years to allow them time to figure out how they would like to use the property. The property is currently zoned Industrial and is included in an ordinance adopted by the City Council on June 26, 2001, placing it within the boundaries of a 24-month development moratorium. The ordinance states that interim use permits may be considered during the moratorium. City Code states that an interim use permit can be in effect for a maximum of five years. The applicant is planning on placing a six- foot high chain link. fence around the area to be used for outdoor storage and the mobile office building. The mobile office building will be 8' x 32' and will be used to assist their local operations. The area inside the chain-link fence will be surfaced with Class 5. Kenko has submitted a drainage and grading plan that is generally acceptable, but will require a permit from the Lower Rum River Watershed Management Organization (LRKWMO). The LRKWMO permit will require Kenko to construct capacity for two back-to-back 100-year storm events. The current drainage plan only shows the capacity for one ten~year storm event. The ponding area needs to be dedicated to the City as drainage and utility easements. The Ramsey Economic Development Authority,' at its October 8, 2001 meeting, discussed the proposed Interim Use Permit. The EDA recommended that City staff continue to work with Kenko to locate at an alternative site. The EDA felt that it was important to preserve the Kenko land as it is close to the proposed Town Center site. The .Planning Commission, at its November 5, 2001 meeting, held a public hearing and reviewed Kenko's request. After discussion, the Planning Commission City Council/November 27, 2001 Page 9 of 22 -217-