Agenda - Council - 08/14/2001 - Laserfiche WebLink

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I I I Councilmember Hendriksen replied that ACCAP presented them with six options, purchase agreement said that if ACCAP considered the property to be damaged they walked away and that is what they should have done. Motion by Councilmember Kurak, seconded by Councilmember settlement agreement with Anoka County Community Action Program, discussion during the Attorney/Client privileged meeting held on July 5, the summary, amending the agreement to say up to a 32 unit single Motion carried. Voting Yes: Mayor Gamec, No: Councilmembers Hendriksen and Zimmerman. Voting Case #5: Authorization to Submit Proposal Studio City Administrator Norman stated that the Quad Cities Cable-,.,..,..:.,. is soliciting proposals from interested parties in order to purchase a buildable land parCe~i~.:g propos¢O facility. The ........ '~:~ ~ ~ C~ty Council has &scussed m the past possibility of offenng the 1/~'G!}~ca~ '6391 Sunfish Lake Court at a competitive price ' ' consideration. Addi~ ~e Council has also &scussed the possibility of t charges and assessments. Staff has been working with Robert i of t~:?~"~roperty, to arrive at a purchase price for the price of $85,000. Staff is that the City offer to 5f the in recommending property an amount of $15,000 as well as waiving the Councilmember~endrik~e~.noted that he concern that the City agreement with Mr. Sharp foi:~"prope~;::~t of Sunfish commits the City to return to Mr. Sharp certffin ':fUnds based once evaluation that are built, on the property. The concern;iS that the QCTV building would be and would not generate tax increment so the Ci~'n~y ha.ve obliga~eff'~hemselves fUnds to Mr. Sharp that the City will not be collecting ,~,,?~?~i~iAt~torney Goodrich?stated that the property west of Sunfish Lake Boulevard has a building under const.ruct~on and thei'prg, p~ ~s to be completed under two phases. The southerly portion .......... , ,.... . ~.: ' ;. ~,~ of the property ~s conveyed~iphase I. At the same t~me the C~ty entered ~nto an agreement with Mr. Sharp that.~f he builds~.a three mflhon dollar project on the second phase that generates increment he ~:[II get ba~l~:~he funds that he paid for the property. If he were to donate the land to QCTV he w~ld not have the ability to make a three million dollar project. replied that that was the intent of the agreement, but he did not ":":7)i/:hcall the a~e:fiment well enough to know if they anticipated a tax free entity building being built '~'~"~he si,re: Cf~Attomey Goodrich noted that he would verify the information. City Council/July 10, 2001 Page 9 of 14 -97-