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HomeMy WebLinkAbout3A, Hill Capital Strategies, Inc., Update�� EN HILLS Request for Council Action _ _ __ Prepared By: Patrick Klaers, City Administrator Work Session Date: February 27, 2012 Hill Capital Strategies, Inc., Update Budgeted Amount: Actual Amount: Funding Source: N/A N/A N/A Discussion Topict Informational only. No action required. Supportin� Documents: 1. Memorandum dated Februaiy 27, 2012, from Patrick Klaers, City Administrator. � �i�EN HILLS MEMORANDUM DATE: February 27, 2012 TO: Honorable Mayor and City Councilm�ember� I;�i FROM: Patrick Klaers, City Administrator.+_ f �i���,'�a�- 1` c . SUBJECT: Hill Capital Strategies, Inc., Update Background/Discussion At the last City Council Work Session, I received direction to contact Todd Hill regarding options for revising the Consulting Contract that the City has with Hill Capital Strategies. As you know, the purpose of the contract is to assist us in promoting Arden Hills as the best site for the Stadium Proposal. Todd has set up numerous meetings with key Legislators that the City could not have set up without his contacts. The recent e-mail from Todd highlights his connection with key Legislators; whereby Senator Rosen has no interest in meeting with Arden Hills representatives, but she still visited with Todd for a substantial amount of time discussing the Stadium issue. While the Stadium Proposal is still alive, the City may also want to consider having discussions with Legislators about funding far the acquisition and cleanup of the TCAAP site and about the need to address regional transportation issues even if the Stadium Proposal does not go to Arden Hills. This would be another good reason to keep Todd working on behalf of the City. Todd Hill and I have exchanged voice messages and I expect that we will make contact very soon. I plan to have an update for the City Council for the Monday night work session; but I have nothing specific to report at this time (Friday morning). City Council MeetingP:\Admin\Council\Agendas & Packet Infonnation�2012\02-27-12 Reg Mtg\Packet Infonnation Page 1 of 1