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could have controlled what happened in October 2008 but they had borne it fairly well. He noted <br />that with the realignment of Sunwood Drive, they will have less access, and their access and <br />sight lines will be adversely affected. In addition, the property to the north would be a <br />significant threat to Coborn's if it was a 20,000 sq. ft. grocery store and direct competitor. Mr. <br />Gleekel stated Solomon Group would like to propose that the City consider a restrictive covenant <br />to allow Solomon Group to maintain the viability of its center while allowing a transportation <br />change and rezoning. He explained they want to maximize their viability and success while <br />allowing neighboring properties to develop and came up with this concept (restrictive covenant) <br />prior to the property going into private hands. The Coborn lease will be coming up for an <br />option/renewal and it will cause a major problem if Solomon Group loses its major tenant <br />because it also attracts minor tenants. Mr. Gleekel stated Solomon Group understands the City's <br />concerns about limiting the use but would suggest considering a Trader Joe's or Target P -Fresh <br />type of concept but restrict a Cub Foods or WalMart grocery because either would be a deal <br />killer for Solomon Group and Coborn's. He asked the Council to consider that Solomon Group <br />has weathered the Ramsey Town Center and economics, and advocated for members of their <br />LLC and tenants. Mr. Gleekel stated if the Council was inclined to consider a restrictive <br />covenant, it could be negotiated and the "length and breadth" discussed. <br />Councilmember McGlone asked why this is not being considered during the HRA meeting. <br />Development Manager Lazan explained staff had moved it to the Council's agenda to assure <br />timely consideration. <br />City Administrator Ulrich suggested the Council consider the request and make recommendation <br />to the HRA. <br />Mayor Ramsey stated the City and Solomon Group are in this together and need to look at <br />history, which has value. He noted the City had "stepped up to the plate" and helped with <br />Acapulco because it was of mutual benefit to both parties, which shows the City is interested in <br />the whole picture to include Solomon Group. Mayor Ramsey suggested that will have to <br />continue for both parties to be successful. He stated he understands the concern of Solomon <br />Group but does not think a grocery restriction is needed because it would not be in the best <br />interest of the City to put in another grocery store. Mayor Ramsey stated it would be foolish to <br />allow a Cub Foods or WalMart with full grocery in The COR and common sense dictates it <br />would never happen. <br />Mr. Gleekel acknowledged the City has been supportive of the Solomon Group to tenant their <br />space, as witnessed by Acapulco. He noted. the Comprehensive Plan allows for retail and the <br />market will dictate but if the zoning allows for a WalMart without legislative action, the City <br />may not be able to stop it from coming in. <br />Mayor Ramsey noted the HRA owns the land so it would not sell the land for that type of <br />application. He also noted that so far, the HRA has not been willing to consider sale of land <br />without a development agreement. <br />City Council Work Session / May 1, 2012 <br />Page 2 of 15 <br />