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HomeMy WebLinkAbout05-17-07-WS ~ ~HILLS Approved: July 9,2007 CITY OF ARDEN HILLS, MINNESOTA CITY COUNCIL WORKSESSION MAY 17, 2007; 6:30 P.M. ARDEN HILLS CITY COUNCIL CHAMBERS 1. CALL TO ORDER/ROLL CALL Pursuant to due call and notice thereof, Mayor Harpstead Stan Harpstead called to order the City Council Worksession meeting at 6:36 p.m. Present: Mayor Stan Harpstead, Councilmembers Brenda Holden, David McClung, and Fran Holmes. Absent: Councilmember David Grant (Excused). Also Present: City Administrator, Michelle Wolfe; Community Development Director, Karen Barton; Stacie Kvilvang, Ehlers & Associates; Sid Inman, Ehlers & Associates; and John Dean, Kennedy & Graven. 2. APPROVAL OF MEETING AGENDA MOTION: Councilmember Holden moved and Councilmember Holmes seconded a motion to approve the meeting agenda as presented. The motion carried (3-0). 3. TCAAP MASTER DEVELOPMENT AGREEMENT Members of the City Council discussed the meeting notes regarding Development Issues from April 30th as prepared by Ms. Stacie Kvilvang (Ehlers & Associates), regarding development issues for the proposed TCAAP Master Development Agreement. Ms. Kvilvang noted that she would update the list of Development Issues for future review and discussion. Ms. Kvilvang asked the City Council for input regarding what financial information they would like to receive at the next meeting scheduled for May 26th. Councilmember Fran Holmes requested information regarding the profitability of the TCAAP project. What would be the necessary purchase price and density for the project to be profitable? ARDEN HILLS CITY COUNCIL WORK SESSION- TCAAP MASTER DEVELOPMENT AGREEMENT-May 17, 2007 2 Mayor Harpstead requested a financial model that presents the necessary cash flow for the TCAAP proj ect over the next fifteen years. Mr. Sid Inman (Ehlers & Associates) noted that he will put together a fifteen year model for the City Council to review. Councilmember Holmes requested that Ehlers & Associates create a project model of the current concept and show the proposed proj ect at a fifty percent density level. The Mayor and City Council discussed a number of items relating to land acquisition and the development that could be addressed in the MDA. 4. COUNCIL COMMENTS AND REOUESTS Councilmember Holmes asked for guidance from the City Council regarding the next TCAAP open house meeting. Members of the City Council were agreeable that the proposed July 19th date for the TCAAP open house should be noted as tentative in the TCAAP newsletter that is scheduled to be printed and released to the public in the near future. Members of the City Council tentatively set a City Council retreat date for June 2nd at 7:30 AM to 10:00 PM. 5. ADJOURNMENT Mayor Stan Harpstead ed the Worksession meeting at 8:42 p.m. u~~J-W~ Michelle A. Wolfe ' City Administrator I \Metro-inet. uslardenhillslAdmin ICouncillMinutes IWorksession 12007\05-17-07 TCAAP Work Session-MDA.doc \\Metro-inet.us\ardenhills\Admin\Council\Minutes\Worksession\2007\05-17 -07 TeAAP Work Session-MDA.doc