CCP 10-14-1997 - Laserfiche WebLink

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< lQJ ~~ ~~ ARDEN HILLS CITY COUNCIL - SEPTEMBER 29. 1997 7 - -e D, Gateway Business District (GBD), Sale and Purchasc Agreement/Naegele Outdoor Advertising, Inc. . Mr. Fritsinger explaincd that the City has been negotiating with Naegele Outdoor Advcrtising, I Inc. for the past several months on the acquisition of three small strips of property. He advised that the revised agreement is in drati form and rcvisions have been made which are consistent with recitals the Council has madc. Hc notcd the bcnch handout which staff rccommends to I addrcss signage. Mr. Fritsinger explained the final draft of the agreement is not yet completed. Acquisition is approximately $25,258.16 based on the square footagc price, which is consistent I with othcr purchases that have takcn placc in the district. He explained this property is integral to the Phase II development being proposed by Welsh Dcvelopment Company, LLC. Mr. Fritsinger stated there is still work to be done with regard to researching the title. I Mr. Fritsinger noted Naegclc has two billboards which rest within this propcrty and thc Round Lake Boulevard public right-of-way. The agreement calls for the removal of those billboards in I consideration of working with Naegclc to modify the existing billboards on 1-694. Naegele will be allowcd to place a second panel (facing east) on the eastcrly billboard adjaccnt to 1-694, He noted that several legal firms have reviewed this and all belicve the reduction in billboards I reduces the non-conforming use. Naegele also indicated thcy support a collaborative marketing effort for the remaining 20 acrcs of propcrty for office development. .e Mr. Fritsinger noted the City has established a good rclationship with Naegele and he supports consideration of the agreement. However, since staff was not able to present the final agreement tonight hc is rccommending sevcral additional conditions. Mr. Fritsinger rcad the six additional I conditions being rccommcndcd as follows: 1. Recitals being added; . 2. Addition Section 8( d), indicating considering text to GBD rcgulations as indicated in correspondence; 3. Modification of closing date as nccessary to coordinate with the projcct; I 4. Addition of Section 8( c), posscssion of property will bc when appropriate notices can bc given; I 5. Issuance of bonds; and 6. Award of contract for construction of Fourteenth Street. . Mayor Probst stated hc understands that Naegcle has expresscd a willingness to relocate the remaining two billboards, if necessary. Mr. Fritsingcr statcd this is correct and staff plans to meet on the site to look at how the billboards arc locatcd in relation to 1-694. He stated Naegele I has been open to other Tequests and working with staff. Councilmember Malone inquircd rcgarding modification ofthc Zoning Code. Mr. Fritsingcr I explained it will be inserted that the City will consider an amcndment to the Zoning Code affccting only the Gatcway District. .. I --..--