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Mr. Wogernese stated that he would need to verify the market study but would estimate between <br /> $109 and $120 per night. <br /> Mayor LeTourneau asked why Ramsey and why now. <br /> Mr. Wogernese stated that Cobblestone is a Wisconsin based company, with hotels in some other <br /> midwestern states, and they would like to branch out into Minnesota. <br /> Councilmember Menth asked why Ramsey and not another town. <br /> Mr. Wogernese stated that they are looking at other markets as well. He stated that this building <br /> will fit well into The COR district as well. <br /> Mayor LeTourneau stated that Ramsey is a growing community and aims to be friendly to new <br /> businesses. He explained that was the reasoning behind the questions related to why <br /> Cobblestone selected Ramsey. <br /> Mr. Wogernese stated that Cobblestone has a boutique feel with an outside patio and fits well <br /> into the Main Street concept. He stated that with the new buildings in The COR, they feel that <br /> this would be a good fit. <br /> Deputy City Administrator Gladhill noted that this lead was generated through the ICSC <br /> convention that staff attended. <br /> Councilmember Riley stated that this hits multiple goals of the community and the terms of the <br /> agreement are good for the City, as it will obtain full asking price for the land over the course of <br /> ten years. <br /> Motion by Councilmember Riley, seconded by Councilmember Kuzma, to Adopt Resolution <br /> #20-022 Approving Purchase Agreement and Preliminary TIF Financing Deal Structure for Part <br /> of Oudot A, COR Stone Brook Academy, subject to City Attorney approval as to legal form. <br /> Motion carried. Voting Yes: Mayor LeTourneau, Councilmembers Riley, Kuzma, Heinrich, <br /> Menth, Musgrove, and Specht. Voting No:None. <br /> 7.03: Adopt Resolution #20-026 Approving a Home Occupation Permit for Garbage <br /> Hauling Company at 17030 Baugh St NW; Case of the Birchems (#19-141) <br /> Deputy City Administrator Gladhill reviewed the staff report and stated that based on Planning <br /> Commission feedback, staff recommends approving an amended request for a Home Occupation <br /> Permit for a Garbage Hauling Company at 17030 Baugh St NW. This would be a less-intensive <br /> permit than originally applied for, with bookkeeping and two trucks. <br /> Councilmember Heinrich asked if the garbage truck proposed to be outside has an ability to be <br /> stored indoors with the other truck. <br /> City Council/January 28,2020 <br /> Page 6 of 10 <br />