06-18-12-WS - Laserfiche WebLink

Home Browse Search

ARDEN HILLS CITY COUNCIL WORK SESSION—JUNE 18, 2012 4 Mayor Grant expressed his concern that the total cost for street reconstruction projects over the next five years is very high and that the City may not be able to afford all of these projects as scheduled. The Council discussed the need and value of specific street projects. Mayor Grant stated that the Council needs to see a cash flow analysis so they can better evaluate if the projects as planned should move forward. The Council discussed the need for some long range forecasting of street related revenues and expenditures. Councilmember Holmes stated that the blue CIP "Sources and Uses of Funds"pages at the back of the booklet needed some explanation. Her main concern related to the beginning and ending balance amounts in the Enterprise Funds. Staff noted that these figures appeared to be higher than what was presented in previous years and that staff would report back to the Council after meeting with the Finance Director. B. Update on Triangle Parcel Community Development Director Hutmacher recapped that in 2010, Presbyterian Homes moved forward with their redevelopment project, which is now known as Lake Johanna Shores. A senior brownstone-style residential development on the triangle parcel was initially proposed, but there was no neighborhood support, nor was there support of a previous proposal to redevelop the triangle parcel. The City had an interest in acquiring the parcel to permanently restrict development and allow for a City gateway sign. Community Development Director Hutmacher stated that in December 2010, the City entered into a Development Agreement with Presbyterian Homes for Lake Johanna Shores. The Development Agreement requires Presbyterian Homes to remediate the triangle site "to a Minnesota Pollution Control Agency(MPCA) standard for non-residential land use." Community Development Director Hutmacher explained that Presbyterian Homes completed a Phase 11 Environmental Site Assessment in August 2011, and the existing building was demolished and underground tanks were removed in December 2011. Because groundwater contamination was detected, Presbyterian Homes is in the process of delineating the contamination as required by the MPCA. Based on test results thus far, it appears the groundwater contamination has moved off of the triangle parcel. Additional testing was done June 12 and 13, but it will take several weeks to receive results of those tests. The MPCA will not close the file until the groundwater contamination is delineated. Community Development Director Hutmacher indicated that the Development Agreement requires the closing on the conveyance of the triangle parcel to the City to occur by the later of ten days following satisfaction of all contingencies, or June 29, 2012. One of the contingencies is the City being satisfied with the environmental conditions of the property. Once the investigation is