CCWS 05-17-1999 - Laserfiche WebLink

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MINUTES . CITY OF ARDEN HILLS, MINNESOTA WORKSESSION MONDAY, MAY 17, 1999 4:45 P.M. - CITY HALL, 4364 WEST ROUND LAKE ROAD CALL TO ORDER Pursuant to due call and notice thereof, Mayor Dennis Probst called to order the City Council Worksession at 4:54 p.m. Present were Councilmembers Beverly Aplikowski, Gregg Larson, and Lois Rem; City Administrator, Brian Fritsinger; Assistant to the City Administrator, Kevin Ringwald; Public Works Director, Dwayne Stafford; City Accountant, Terrance Post; Parks and Recreation Director, Thomas J. Moore; and Administrative Secretary, Sheila Stowell. Councilmember Malone had previously notified staff that he may not be available for the meeting. Councilmember Rem arrived at 5:02 p.m. DISCUSSION ITEMS a. Morris Property Acquisition . Mr. Ringwald reviewed the background and possible Morris Communications property (fka, Naegele property) acquisition located within the Gateway Business District. Staff and Morris have held several meetings to-date, regarding the status of the marketing of the property. Morris Communications, notified staff that they are soon approaching a point where they will be making a long-term decision on what to do with the property. The options identified by the company included: I. Removing the property from the market and not considering further development of the parcels; 2. Selling the property to a developer who wishes to do something less than office; or 3. Selling the property to the City/EDA. Items discussed included those three options and their respective budget impacts; the City's maintenance of development in this area; purchasing the property on a deferred basis; the Council's vision for development of this property; and the possible relocation of ATS Steel. Staff was directed to continue pursuing a more formal approach to the potential acquisition of the property, provided it was possible to do so on an installment sale purchase arrangement with Morris Communications and that the price paid matched up with the EDA's revenues. Staff was . further directed to return to the Council with more firm details and a projected time frame for purchase that would relate to the City's revenue sources and future development and tax increment financing opportunities.