Agenda - Council - 04/28/2015 - Laserfiche WebLink

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Cur Missltim: To wort together ko respotibiy grow our community, and to provide quality, cost-effective, and efficient government services. CC Regular Session Meeting Date: 04/28/2015 Submitted For: Tim Gladhill, Community Development By: Patrick Brama, Administrative Services 7. 2. Information Title: Consider Multiple Actions Related to the Sale and Redevelopment of the City's Former Municipal Center Site Located at 15153 Nowthen Boulevard: 1. Land Swap Agreement with Meadow Creek Builders, Inc. 2. First Amendment to Purchase Agreement with G S Land, LLC 3. Request for Use of Anoka County Housing and Redevelopment Authority Dollars to Assist with Redevelopment Costs Purpose/Background: Purpose The purpose of this case is to consider two (2) real estate agreements related to the redevelopment of the former municipal center and to consider a request to the Anoka County Housing and Redevelopment Authority to assist with the redevelopment costs for the site. Background The City is in the process of reviewing Harvest Estates, a 44 -lot detached single-family development on the site of the former municipal center located at 15153 Nowthen Blvd NW. The site still currently operates as Fire Station No. 2. The site is currently owned by the City, and thus various real estate agreements are necessary. The purpose of this case is to approve various real estate agreements. This case does not provide regulatory approval of the subdivision request itself. That process is anticipated to be in front of the City Council on May 12 and May 26. Actions tonight will not give final approval to the actual redevelopment of the site. Observations/Alternatives: Components of Request 1. Adopt an Agreement for Land Swap with Meadow Creek Builders, Inc. 2. Adopt First Amendment to Purchase Agreement with G S Land, LLC (assignee of N.I.K. Management, Inc.) 3. Consider Request for Funds to Anoka County Housing and Redevelopment Authority for Redevelopment Costs Adopt Land Swap Agreement The City currently owns the parcel generally known as 15240 Helium St NW and legally described as Lot 21, Block 1, MEADOW. This parcel is utilized as a secondary access for the current Fire Station No. 2. When Fire Station No. 2 is re -located, this secondary access is no longer needed.