CC 10-14-1997 - Laserfiche WebLink

Home Browse Search

ARDEN HILLS CITY COUNCIL" OCTOBER 14.1997 7 . MOTION: Malone moved and Keim seconded a motion to approve Change Order No. I, Fourteenth Street NE Road and Utility Project, at a cost of$17,000. The motion carried unanimously (5-0). 5. Resolution #97-50, Authorizing Condemnation of Property in Connection with Fourteenth Street NE Road and Utility Project Mr. Fritsinger explained the proposed resolution relates to the condemnation of property which the City is attempting to purchase from Naegele Outdoor Advertising. He stated he is hopeful things can be worked out tomorrow but the timing of the project has become difficult. He noted the specific language of the proposed resolution directing the continued use of all reasonable efforts for the acquisition of the property through negotiation provided that negotiations do not unreasonably delay the construction of the project. Mr. Fritsinger stated the biggest issue relates to the costs of condemnation but, in this case, the cost is relatively low. However, the question is what is being paid for the billboard and amortization of the long-term lease of the billboards and will have to be looked at carefully. Mr. Filla reported the property owner indicated they have a 1110nth-to-month lease which will impact the cost to acquire the property. . Mayor Probst noted the billboards are not correctly located. Mr. Fritsinger stated this is the staff s understanding and may play into the overall discussion. Mr. Filla stated he is hopeful that the concept of purchase and lease-back will be acceptable since it will accomplish what is needed for the City and the Welsh project. MOTION: Hicks moved and Malone seconded a motion to adopt Resolution #97-50, Authorizing Condel11nation of Property in Connection with Fourteenth Street NE Road and Utility Project. The motion passed unanimously (5-0). 6. 1997 General Obligation (G.O.) Bond - Update Mr. Fritsinger reported there still is room for refinement to the numbers, conditions, and comfort level on the project prior to proceeding to issuance of the bonds. He stated this is why he requested this item be withdrawn frOl11 the agenda. Mr. Post noted the change in the numbers from the original to present is due to the deletion of the Round Lake Boulevard reconstruction project. He also noted the impact of adding the grubbing and grading will serve to leave the bond issue at approximately $3.1 million. Mark Ruff, Ehlers and Associates, Inc., stated there is no urgency to issue the bonds and it could wait until Spring. But, they are pushing for an earlier issuance because of the current good . interest rates. He stated they will proceed with docul11ents and present options at the October 27, 1997 Council meeting.