Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />~ <br />~~HILLS <br /> <br />Draft <br />CITY OF ARDEN HILLS, MINNESOTA <br />SPECIAL COUNCIL WORK SESSION <br />MONDAY, JUNE 15,2004,9:30 P. M. <br />CITY HALL COUNCIL CHAMBERS, 1245 WEST HIGHWAY 96 <br /> <br />1. Call To Order <br /> <br />Mayor Aplikowski called the meeting to order at 9:30 p.m. Present: Councilmembers David <br />Grant, Brenda Holden, Gregg Larson, and Lois Rem. <br /> <br />Staff present: Administrator, Michelle Wolfe; Community Development Director, Scott Clark; <br /> <br />Otbers present: Development Team (CRR): Linda Belke-Picha, Marsh; Kent Carlson, Ryan <br />Companies; John Hink, Glenn Rehbein Companies; and Bart Rehbein, Glenn Rehbein <br />Companies; Scott Richter, Centex. <br /> <br />2.A. General Meetinl! Minutes <br /> <br />Linda Belke-Picha gave a presentation on environmental insurance. She gave out a handout <br />illustrating two different types of insurance products. The first is pollution legal liability which <br />protects for unknown conditions. The second insurance, often held in tandem with the first, is <br />cost overrun coverage which covers only known conditions. She discussed that within the <br />insurance industry premiums currently do not extend beyond 10 years and can be renewed. It <br />was stated that the majority of new environmental issues, if any, are usually discovered early in <br />the cleanup and development process, especially then the infrastructure is being constructed. It <br />was discussed that the City can be named as an additional insured to the LLC. The last point <br />raised was that the policy will be written based on State standards, relevant to the projected land <br />use, and based on the remedial action plans that need to be implemented to achieve the specific <br />objectives. A hand out was given illustrating three past projects that Marsh has insured. <br /> <br />Michelle Wolfe reviewed a complete question and answer handout that was the subject of the <br />May 10, 2004 meeting. A few minor changes were made and the Council did not have any <br />additional questions outside of an inquiry regarding incorporation procedures in Delaware. <br /> <br />Wolfe and Clark presented a proposed amended interim development agreement. The crux of <br />the agreement was changing the status of CRR to Master Developer (under certain conditions) <br />instead of having exclusive negotiation rights. Other items noted were increased budgets, <br />time lines and expectations. CRR expressed their opinion that the increased escrow and budget <br />costs, in exchange for Master Developer status, was secondary to having full support and <br />consensus by the Council. The Council had a lengthy discussion with CRR about issues <br />associated with acting on a new Agreement at this time. It was resolved that CRR will be <br />producting a plan showing the milestones for various processes, environmental, land use and the <br />early transfer. In addition, a characterization plan will be developed summarizing actions to date <br /> <br />\\EarthlAdmin\Council\M inutes\ W orksession\2004\06- t 5-04 Special.doc <br />