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03-13-17-R
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03-13-17-R
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<br /> <br /> <br /> <br /> <br />Approved: March 13, 2017 <br /> <br />CITY OF ARDEN HILLS, MINNESOTA <br />SPECIAL CITY COUNCIL WORK SESSION MEETING <br />JANUARY 30, 2017 <br />5:00 P.M. - ARDEN HILLS CITY COUNCIL CHAMBERS <br /> <br /> <br />CALL TO ORDER/ROLL CALL <br /> <br />Pursuant to due call and notice thereof, Mayor Grant called to order the City Council <br />Work Session at 5:00 p.m. <br /> <br />Present: Mayor David Grant; Councilmembers Brenda Holden, Fran Holmes, Dave <br />McClung and Steve Scott <br /> <br /> Absent: None <br /> <br /> Also present: City Administrator Bill Joynes; Director of Finance and Administrative <br />Services Sue Iverson; Interim Assistant Public Works Director/City Engineer Sue Polka; <br />Interim Public Works Director/City Engineer Andy Brotzler; Senior Planner Matthew <br />Bachler; Interim City Planner Eric Zweber; and City Clerk Julie Hanson <br /> <br />1. AGENDA ITEMS <br /> <br />A. TCAAP Civic Site <br /> <br />City Administrator Joynes stated at the City Council meeting on December 12, 2016, the Council <br />approved an Option Agreement with the TCAAP Master Developer that would allow the City to <br />purchase the 1.6-acre Civic zoned property on the TCAAP site. The Option Agreement provides the <br />City up to seven years to acquire the site with the timeframe beginning once the JDA approves the <br />Master Development Agreement (MDA) with the Master Developer. The City’s plans for the property <br />must conform to the TCAAP Redevelopment Code and be approved by the Master Developer. <br /> <br />City Administrator Joynes explained the sales terms will depend on when the City is ready to <br />move forward with construction. The City has an incentive to move quickly on developing a plan for <br />the property as an earlier sale will result in better terms for the City. If the sale occurs within two <br />years of the MDA approval, the City will be required to pay $1 for the land and have no costs <br />associated with the infrastructure improvements to be completed by the Master Developer <br />(underground parking, utilities, and road improvements). Following this two-year period, the City <br />would incur greater costs for the land purchase and infrastructure improvements. The Option <br />Agreement expires seven years after the MDA is approved, at which point the property will be <br />rezoned Town Center-3. <br />
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