CCP 12-15-1997 - Laserfiche WebLink

Home Browse Search

I . I CITY OF ARDEN HILLS " MEMORANDUM DATE: December 15,1997 I TO: Mayor and City Council Kevin RIngwald, Community Development Director k' I FROM: SUBJECT: Sales and Purchase Agreement, Morris Communication Corporation I Reouested Action I The City Council is asked to consider the Statement ofIntent (Exhibit A) and a revised Sales and Purchase Agreement (Exhibit B) between the City of Arden Hills and Morris Communication Corporation (Morris). I Back2round The City Council initially reviewed the Sales and Purchase Agreement with Morris I Communication Corporation (aka, Naegele) in September, 1997. Morris subsequently rejected the agreement approved by the City Council as a result of the changing nature of this project. 'e Staff has held numerous meetings since that time with Morris. At one point, the City Council adopted Resolution #97-50 authorizing condemnation. This action was taken in order to allow City staff to proceed with acquisition should the negotiations break down or an impasse reached. I The attached Statement of Intent and Sales and Purchase Agreement has been approved by Morris officials. These documents have been altered significantly and, as a result, the City I Council is being asked to review them once again. The basic points have not changed, but the following will attempt to address the major issues. I What is the Statement oflntent? As the project scope expanded, Morris expressed a desire to clarify the future development of the I remaining Morris property. The Statement ofIntent provides that the City will make the development/redevelopment rights for the A TS Steel property available to Morris until December 31,1999 (Section 3.0, A). The Statement of Intent may also be extended for two (2) I additional years (Section 3.0, B, I and 2). In other words, Morris has recognized the need to include the A TS property in any proposed development, to maximize the site's development potential. I I t/j I