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CITY OF CENTERVILLE <br /> REQUEST FOR <br /> COUNCIL ACTION Verville <br /> Agenda Item# Department: Requested Council Meeting Date: <br /> IX.1 Planning January 9, 2018 <br /> TITLE OF ISSUE: <br /> Concept Plan and Purchase Agreement- 2021 Commerce Drive (City Owned 2.3 Acre Parcel) <br /> BACKGROUND AND SUPPLEMENTAL INFORMATION: <br /> On January 8, the Planning and Zoning (P&Z) Commission will be presented with a Concept Plan for a <br /> build-out of 2021 Commerce Drive (the city-owned 2.3 acre parcel)by Midwest Best Water Sales, Inc. The <br /> proposed business would conduct product assembly, warehousing, service and equipment repair. They would <br /> only have 5 semi trucks per month coming and going. Outside storage is not being proposed. No retail sales <br /> are proposed. Examples of building styles are attached. The building will have an estimated value of$2.0 M <br /> and would produce an estimated $30,000 annually, in city taxes. Initially, MBWS would occupy about 15,000 <br /> sf of the building and leave 2, 5000 sf spaces for tenants. The proposed use may not fit the current zoning of <br /> the property as B-1, but this will be evaluated by the P&Z Commission. The proposed purchase agreement <br /> does not obligate the city to allow the proposed use. <br /> COST AND SOURCE(S) OF FUNDING: <br /> Current offer is $400,000 (asking price for the lot is $450,000) <br /> REQUESTED COUNCIL ACTION: <br /> Motion to approve the Purchase Agreement with Midwest Best Water Sales, Inc. <br /> For Clerk's Use: <br /> SUPPORTED DOCUMENTS ATTACHED <br /> Motion By: <br /> Resolution Ordinance Contract Minutes Plan Map <br /> Second By: <br /> X X <br /> Vote Record: Ave Nay <br /> �� Lakso Other(specify) Memo re: Commerce Drive Bond <br /> Love <br /> 0 Paar City Fees Estimate <br /> Koski <br /> Montain <br /> Administration Department Use: <br /> Refer to: <br /> Consent <br /> Tabled Until: <br /> Regular <br /> Other: <br /> 43 <br />