Minutes - Council - 07/25/2006 - Laserfiche WebLink

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Case #2: Authorize Execution of Exclusive Negotiation Agreement with Robert Muir Company (RCM-Minnesota Corporation) for Ramsey Crossings City Administrator Norman reviewed that the City of Ramsey authorized Request for Proposals in March of this year to develop an area adjacent to the Ramsey Town Center for purposes of commercial, retail, and office opportunities. The project has been referred to as the Ramsey Crossings project. The City received three proposals in May, interviews were conducted and a selection was made of Robert Muir Company, RCM-Minnesota Corporation during the Council meeting of June 13,2006. Staff, consultants, and the City Attorney were directed to prepare an Exclusive Agreement with RCM which would layout the parameters and outline the schedule for the completion of a Development Agreement for the project. Attorney Tom Bray of Briggs & Morgan is present to review the Exclusive Agreement with Council. Attorney Tom Bray, Briggs & Morgan, summarized the terms of the Exclusive Agreement between the City of Ramsey and RCM-Minnesota Corporation for Ramsey Crossings. Mayor Gamec inquired if the $1,300,000 in funding from the County has been taken into account. City Administrator Norman replied the County has requested a formal letter from the City requesting the funding before they will provide an answer on what will be provided. Councilmember Strommen asked if the $5,300,000 for the offsite public improvements is the total or a portion of the needed amount. City Attorney Norman explained a schedule has been put together, which is complicated due to the regional work that was completed for all of Town Center. The area that is attributed to Ramsey Crossings was subdivided from the schedule to determine the costs. Mayor Gamec requested clarification that the $3,800,000 funding shortfall identified by RCM is a request, and the City is not committing to the request through this agreement. City Administrator Norman responded in the affirmative. He explained RCM has identified the $3,800,000 as a shortfall; staff is still determining if this is an accurate number. Motion by Councilmember Cook, seconded by Councilmember Olson, to authorize Exclusive Negotiation Agreement with Robert Muir Company (RCM-Minnesota Corporation). Motion carried. V oting Yes: Mayor Gamec, Councilmembers Cook, Olson, Elvig, Jeffrey, Pearson, and Strommen. Voting No: None. Further discussion: Councilmember Elvig inquired about the next phase involving the development agreement. City Administrator Norman replied the process to bring the development agreement before the Council should be at a shorter pace than was required for the larger document for Town Center. Staff and the Muir Company have agreed that they would like to get to the issue of the request for the $3,800,000 in the first 30 days; once that is settled the City Council! July 25, 2006 Page 6 of 20