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public space, museum, school, arts,business and incubator. Staff has received multiple requests about the <br /> availability of the building for lease for various types of businesses in the past. Schools and retail uses have <br /> approached the City but due to the condition and renovation needed to the building the users go elsewhere. These <br /> users were excited at the possibility of using this unique building and think its allure will benefit their businesses. <br /> Parking is also difficult to solve for and any agreement with a future tenant would likely need some sort of cross <br /> parking easement with the adjacent properties. <br /> The Old Town Hall has an estimated 778 SF of lease space. It includes a bathroom, main hall and cloak room. <br /> Staff consulted with a local real estate agent in 2021 and market rate rent for this building would be in the $12-18 <br /> / SF range with the tenant responsible for the utilities/snowplowing and the City responsible for the property <br /> taxes. Staff estimates that a current lease rate would fall into the $14-20/SF range. <br /> Private Party Lease <br /> The EDA reviewed this use in 2021 and recommended that staff renovate the building when pricing came down. <br /> Unfortunately,pricing has not come down since Covid and Staff has not brought solicited new quotes for a <br /> renovation and to market it to the private sector for lease. <br /> Public/Parks <br /> Ideas for use of the site include art classes and rental for small events. Staff has spoke with Mark Riverblood and <br /> he was not confident he could identify many viable parks uses for that building based on the layout, outside noise <br /> and uncertain parking. He noted he thought it was a better niche retail location if the use didn't require much <br /> parking or if a parking solution could be found. <br /> Visitor Center <br /> Mayor Kuzma has expressed interest in moving the Old Town Hall to the Anoka County Mississippi West <br /> Regional Park and to utilize it as a Visitor Center. More information is needed to determine the viability of this <br /> based on the information in the RCP Report. <br /> Timeframe: <br /> 10-20 minutes <br /> Funding Source: <br /> To Be Determined <br /> Responsible Party(ies): <br /> Brian Hagen <br /> Outcome: <br /> To determine the future use of Old Town Hall and if it's viable to renovate or move. <br /> Attachments <br /> Site Location Map <br /> RCP Report 17A <br /> RCP Report 17B <br /> Reciprocal Easement Agreement(Recorded) <br /> Form Review <br /> Inbox Reviewed By Date <br /> Brian Hagen Brian Hagen 04/04/2024 04:13 PM <br /> Form Started By:Sean Sullivan Started On:04/04/2024 03:17 PM <br />