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<br />City Council Study Session - 11/21/05 <br />Minutes - Page 6 <br /> <br />further concern that the City Council was being asked to consider <br />this issue during the same time they were pursuing the 2006 <br />budget and levy process. <br /> <br />Mr. Krass reviewed the stipulations of the contract entered into <br />by the City and obligations of the redeveloper and the City <br />Council. <br /> <br />Councilmember Maschka opined that it was a parallel process <br />with consideration of condemnation, as well as pending litigation <br />continuing; further opining that often starting the process <br />facilitated negotiation. <br /> <br />Mr. Krass concurred, noting that the City didn't proceed until the <br />contract elements are fulfilled, including security from the <br />developer. Mr. Krass noted that most Eminent Domain issues <br />are settled before they go to a hearing. <br /> <br />Further discussion included the cost of the various appraisals; <br />relocation costs; employee protection of businesses; viability of <br />businesses; and property interest (i.e., bricks, mortar and land) <br />versus business interest (employees/customers). <br /> <br />Councilmember Kough sought additional information regarding <br />potential loss of federal funding if the City were to use Eminent <br />Domain. <br /> <br />Mr. Krass reviewed the pending legislation; the criteria; and his <br />interpretation of the proposal in loss of federal funds only for the <br />specific project where condemnation was used. <br /> <br />Councilmember Schroeder arrived at this time, 6:57p.m. <br /> <br />Further discussion including contract and good faith obligations <br />between the redeveloper and the City; risks to the City related to <br />title; Quick Take process and provisions; and the Northco <br />property specifics and potential residential development; soil <br />work and engineer analyses; and pending litigation related to the <br />MIV property owners and status of that case. <br /> <br />Mr. Krass noted that he and staff had been consulting with the <br />