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CCP 12-15-1997
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CCP 12-15-1997
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<br /> - <br />I' . <br />I Memorandum, Sales and Purchase Agreement, Morris Communication Corporation <br /> Page Three <br />it December 15, 1997 <br /> There exists a "jersey barrier" (a 5-6 foot high concrete median) that was installed by <br />I MnDOT in the middle of the 1-35W and 1-694 bridge which interferes with the readability <br /> of the lower portion of Billboard #3. Thus, the request by Morris to increase the height of <br /> Billboard #3 up to 10 from its current height. <br />I There exists a small grouping of trees on the Vaughan property, and partially on MnDOT <br /> right-of-way, which would interfere with readability of the proposed east face of <br />I Billboard #4. Thus, the request by Morris to increase the height of Billboard #4 up to 20 <br /> feet from its current height. <br />I Obviously, the Staff would have preferred to bring a Sales and Purchase Agreement to <br /> the City Council which had no increase in height for any of the billboards. However after <br /> months of negotiations, the attached Statement of Intent/Sales and Purchase Agreement is <br />I the best deal that the Staff has been able to negotiate for the City with Morris, short of <br /> taking our chances in a condemnation proceedings, which is an option that the City <br /> Council should weigh in its decision making process. <br />I 4. There are other changes in the Sales and Purchase Agreement, but most are minor in <br />.. nature. Two other key points to keep in mind are: <br /> . The City Council is agreeing to vacate the abandoned sanitary sewer easement <br />I which crosses through the Morris property (Section 3.0, A, I). <br /> . Morris shall provide notice to the tenants of billboards # 1 and #2 that their leases <br /> are terminated (Section 3.0, C). <br />I Recommendation <br /> The City Council is asked to approve the Statement ofIntent and Purchase Agreement with <br />I Morris Communication Corporation substantially in the form presented, subject to nonsubstantial <br /> changes being approved by the City's Attorneys and City Administrator, and authorize the <br /> Mayor and City Administrator to execute all necessary documentation. <br />1 <br />I <br />I <br />I <br />t' <br />I <br /> -- - <br />
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