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Motion carried. Voting Yes: Mayor Gamec, Councilmembers Haas Steffen, Beyer and Beahen. <br /> Voting No: Councilmember Zimmerman. <br /> <br /> Mr. Schroeder reported that AEC/UPA are negotiating to purchase the AMCON concrete site <br /> which is a 60-acre expansion of the current AEC Energy Park. Proposed is that the new owners <br /> (if purchase is completed) provide for the clean up of the site and deed the property to the City <br /> for $1. The City in exchange would provide a revenue note back to AEC to reimburse them for <br /> acquisition and development costs at the rate of $.65 per square foot out of created tax <br /> increments. The City would not have any holding costs (but for insurance coverage on the land) <br /> and would reimburse only out of increments. If no increment is created no payment is made. <br /> The Council had previously created a 25-year redevelopment district which includes this <br /> property. The paperwork has not yet been filed awaiting completion of this acquisition. Council <br /> is requested to authorize receipt of the property and approval of the revenue note mentioned <br /> above (pursuant to City Attorney approval). <br /> <br />Motion by Councilmember Zimmerman and seconded by Councilmember Beyer to authorize <br />receipt of property and revenue note contingent upon City Attorney approval with regard to <br />AEC/UPA and, direct the City to file the Redevelopment Plan. <br /> upon <br /> approval, <br /> Attorney <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Beyer, Beahen and <br />Haas Steffen. Voting No: None. <br /> <br />Mr. Schroeder then talked about Mate Precision Tooling. The City has been working with them <br />for two years on their proposed expansion. Difficulty has been experienced due to lack of site <br />control of the property to the south. At the last meeting, Council authorized a purchase <br />agreement with the owner of one of the two parcels in the way of redevelopment. The second <br />parcel is an approximate nine-acre property owned by T and G Land. They have offered to sell <br />the land for $775,000, which is just under $2 a foot. We would expect to acquire land such as <br />this for substantially less than this amount. Mr. Schroeder requested that Council either reject <br />the offer outright, authorize the City Attorney to continue negotiations, or direct the City <br />Attorney to provide for eminent domain of the property. <br /> <br />Motion by Councilmember Haas Steffen and seconded by Councilmember Beyer to continue <br />negotiations with regard to T and G Land but no eminent domain proceedings at this time. <br /> <br />Further discussion: Councilmember Zimmerman felt that it would be in the best interest of the <br />City to go ahead with the eminent domain as negotiations have been going on for two years. <br />Mayor Gamec agreed but added that he would like to know if Mate is really going to expand. <br />Councilmember Haas Steffen pointed out there is no agreement in hand from Mate. Mayor <br />Gamec felt that the City will be getting a commitment from Mate, but that staff should request <br />something in writing, then the eminent domain process could begin if necessary. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Haas Steffen, Beyer and Beahen. <br />Voting No: Councilmember Zimmerman. <br /> <br /> City Council/September 23, 1997 <br /> Page 17 of 23 <br /> <br /> <br />