Agenda - Council - 12/13/1994 - Laserfiche WebLink

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Background: CONCEPT APPROVAL/OPTION AGREEMENTS By: Ryan Schroeder, City Administrator CASE # As Council i~ aware, we have met with various manufacturing firms regarding possible locations in~Ramsey. Of course we have also been meeting with existing Ramsey businesses hrjping to have the opportunity to assist in their expansions. We have received a tentative agreement at the Staff level with another firm. This firm currently has,about $5 million in sales, 55 employees and wishes to build a 20,000 square foot facility ~ith a market value for tax purposes of $800,000 (probably $930,000 in land, site and construction costs). This firm is riot interested in the parcels we can currently make available on the Eggum property we ~tre purchasina. He does not wish to be adjacent to the railroad. Further, Uranium Stregt N.W. does'~ot currently provide access to any marketable site, nor will it prior to the pgoposed February ground breaking. And, even if it did, the aesthetics to that . P entrance w~th[County Road #116 do not meet his needs. I believe that after Uranium Street N.W. is constructed and with site clean-up currently underway, this will not be an issue for future site decisions. We have prov~ided three potential sites that meet this firm's requirements pursuant to the attachment. We are working on site control for those which we currently do not have ownership. Oj~e we own, the second is owned by ParaBody. We first must work out their expansion project prior to knowing what portion of their site will be available. The third is owned by WaSte Management. We are also working with another manufacturer who is interested in the 10.8 acre S.J. Groves parce!!:on Sunfish Lake Boulevard N.W. just south of County Road #116. His interest is because the roadway and utilities are immediately available. We were informed that this comp.hny may already have a commitment to another community. At the time of this writing, t~s has not been confirmed. If this is the case, no action will be required. If the opposite is!tree, we will be looking for authorization to option the property. Our Charter ctlrrently requires that an ordinance is passed prior to sale of any City-owned property. Thi.4 creates delays in development as well as financing and adds construction problems. Therefore, the Charter Commission is reviewing a change in this provision in cases where th~ intent of City ownership of a given parcel is for development. In any case, attached, is an brdinance which will allow for the resale of parcels possibly to be acquired, given the abovte. We are requesting a first reading of the above. A second reading would not be schedulc4d until certainty in the development has been achieved. For the parcelslmentioned, we are asking for authorization to proceed toward purchase if in fact such need~; to occur. An actual purchase would not be closed prior to additional Council action 0nd a development agreement. /¢