Agenda - Council - 01/28/2003 - Laserfiche WebLink

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Mr. Bulow owns a vacant parcel located east of Sunfish Lake Blvd. Mr. Grosslein would, like obtain Mr. Bulow's property and relocate the drainage pond on his subject parcel to Mr?BUl~W'-s property. Both properties are located within the Critical River Overlay District and therefore are::gubject to stricter development standards and DNR approval. Principal City Engineer, Brian Ol~son, has submitted a letter to DNR requesting their comments on the request to relocate an existing?Pond to an adjacent parcel. Staff has not received written response from DN~-.however, stab anticipates receiving a response with/n the next few'weeks .... Mr. Grosslein has discussed the purchase of the property staff that Mr. Bulow is asking above market value for the,property. Mr. Grosslein is requesting'~:: the City facilitate acquisition of Mr. Bulow's proPe~!i2 order to,;Proceed with development plans for a restaurant facility located next to Comfo~ s~i~e~. Assoclate Planner Wald indicated the City had received a letter'~0m Mr. Bulow disputing the fact that the asking price is too high. She stated that the City. h~d a market value analysis prepared, which was presented to the Committee: TIF Specialist Sullivan explained, that-back-in 2002 the City was trying to.get a feel for property prices in the area. They received,some statistical-information from ProSource at that time. The information provided to the EDA shows' the ProSource:,information. Discussion ensued concerning the gathering of the market .ahalysis information and what it represents, including zoning .for the areas to enSUre similar pi:eCes of property were compared. Member Gromberg asked for clarification on ~hat Mr. Grosslein is asking from the EDA. City Administrat°r-Norman stated,he is asking the City Tt'/5; assist with facilitating the sale, That does not necessarily make the jump to condemnatiom..~'-Ile stated the City has assisted in th/s capacity quite ogteh./-citing exampl.es-:O~the Business Pa~k, Sauter property and Maken property. Member Gromb~rg questioned if this is the same type of situation. He stated those properties ~ere for redevelopment whereas this is to move a drainage pond. Mr. Chris.' Bulow introduCed ~'self, stating the property in question was part of his original homestead and has belonged~tO his family for more than 40 years. He stated Mr. Grosslein has attempted to "acquire thi.s~ property over the years, always stating the price is too h/gr. Understandably; the price has increased as the values have gone up. He indicated Mr. Grosslein owns a lot close-by and Mr. Bulow has attempted to work out a trade, but. Mr. Grosslein always says the price istoo much. Motion by-Member LeTourneau, seconded by Member Gromberg to allow City to assist with facititatingthe sale between Mr. Grosslein and Mr. Bulow. Economic Development'Authority / January 13, 2003 Page 6 of 8 -8-