HomeMy WebLinkAbout2006-02-15 WS CCCity Council 02-15-2006, 6:00 p.m.
Summary of Work Session
Present were Mayor Mary Capra, Council members Michelle Lakso and Richard Terway.
Also present were John Meyer, Paul Palzer, Lance Hoff of Bonestroo & Assoc., and Jim
Hoeft, City Attorney. Absent were Council members Jeff Paar and Tom Lee.
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1.Dallas Larson reviewed the costs associated with the 21 Avenue/Backage Road
and industrial site project. Utility construction costs are about $1.4 million. Site
acquisition is at $650,000. The improved value of the land is estimated at $6 per
square foot. John Meyer reviewed the financial projections of costs and the
repayment structure. The financing plan would allow about three years before the
City would have to consider tax levies to support the project. If land sales and
development go according to estimates, the project would not require any City tax
support. The Council discussed the possibility of purchasing the Sheehy parcel and
developing and marketing the combined, larger tract. Having the additional land
would lower overall cost per square foot. Also, the Sheehy parcel could be cleaned
up so as not to depreciate lands around it. Council directed staff to see if a purchase
option could be obtained on the Sheehy property. This matter will be placed on the
agenda for a decision on February 22, 2006.
2.The Council discussed the Centennial Hockey Association proposal for the City of
Centerville to help underwrite obligations associated with the construction of an
additional sheet of ice at Schwan’s Super Rink. They had asked the City to pay
$16,000 up front and guarantee a proportion of unsold ice. The City had given
conceptual approval at the last meeting. Circle Pines and Lino Lakes have both
approved participation. The Council asked that we gather information on the
financing plan and what is being required by Anoka County HRA, who is financing
the project with tax exempt bonds.
3.The Council agreed to meet with staff on April 4, at 4:30 p.m. to discuss goals.
The meeting was adjourned at 8:00 p.m.
Dallas Larson
City Administrator