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<br />f...!:;I-i-,,",Y~~:O",'lI'~~-- '.:;_~~~e:-:..'";"t~.;l('-. ~'. <br /> <br />increases the cost of ski hill construction and/or operations should be <br />substantially reduced or eliminated. <br /> <br />Mr. Otter stated that Waste >i~gf:!ment cis?looking for assurance that future <br />Ramsey City Council would not impose any restrictions on the ski hill <br />operation that would 'deter the econanic value or operation of the facility. <br /> <br />Mr. Goodrich stated that $100,000 might be a more realistic figure fran the <br />City's standpoint. <br /> <br />Mr.. Otter replied that if he invests $1,000,000 and things are imposed on <br />that investment that caUse it to be put out of business, then $100,000 is <br />not much renedy. <br /> <br />Councilnember DeLuca il'Xluired .as to what would constitute a default on the <br />City's p:1rt, causing those damages to be p:1id. <br /> <br />Mr. Otter stated that none of the City's standaro policing rights of that <br />facility will be taken away by this agreement. <br /> <br />Mr. Goodrich stated that a default would be an event in which the City <br />imposes certain requirements on the project which will substantially <br />increase it I s cost of operation. This provision assures the oper at or that <br />the City will not be able to do much in regulating this particular parcel <br />as 'project' is defined as includi~g vertical expansion. necessary for <br />operation of a ski hill. <br /> <br />Mr. Otter stated that limiting the amount of investment he can retrieve if <br />sanething happens prevents him from investing too-much in the ski hill <br />facility. <br /> <br />Motion by Councilmember Cox and seconded by Councilnembe.r De.Luca to amend <br />l\'aste l-".anagement of l>"~esota, Inc.' s proposal for a ski hill by reoucing <br />the liquidated damages referred to in Section 6.04(c) to $300,000. <br />Further, to enter into the 6evelopnent agreement with v~aste. fI~nagement. of <br />l-1innesota, Inc. as presented and amended. <br /> <br />Further Discussion: Mr. Otter note: that the $300,000 is a maximum figure; <br />the City would only be liable for the amount of investment incurred, up to <br />$300,000, at the time of the default. <br /> <br />Mqtion carried. Voting Yes: l-".ayor Reimann, Councilnembers SOrteberg, Cox, <br />DeLuca and Pearson. Voting No: None. <br /> <br />Case *7: ReQuest For Conditional Us~ Permit To Construct Ano Q;;>erate <br />A Recreation Center A'1c To Construct AA Advertisino Sian: <br />Case Of Mr. Da\Tic HauaT'l: <br /> <br />~tr. David Hauan was present requesting a conditional use permit to <br />construct and operate a recreation center ana an advertising sign to <br />advertise the center. <br /> <br />~Dtion by Councilmernber Sorteberg ana seconded by Councilm~~ber Coy. to <br />City CounCil/April 26, 1988 <br /> <br />Page j of 12 <br /> <br />2C\ <br />