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, ' <br />1� <br />� <br />Planning Office Hour� <br />July 23, 1986 <br />7. <br />� <br />Page 4 <br />I suggested, in all candor, to Mr. Hahn th�t perhaps his low <br />budget approach to this type of development mig�ht be <br />appropriate elsewhere, but that it is really inconsistent <br />with the City s policy and goals for this site. He notf.d the <br />si�e if 4.87 acres, and is selling for $3.43 per square f�ot. <br />�e suggested that this price recognizes the impediments to <br />the site, and is perhaps a realistic basis for the ki�a �f <br />de�elopment the City envisages. I tried m best to <br />lead Mr. Hahn to the a p y gently <br />site, and its implicationronrtheetaxnincrementregarding this <br />program. <br />Maiett�a, 636-9000 <br />Don Maietta is a Iocai manager for the Rosevil�e branch of <br />Merrill Lynch Realty Company. Th�y are loaking for a site <br />for a 12,000 squar� foot, two story office building. He had <br />been talking to ,7ohn Labalestra, op��ator of the Lido Cafe. <br />They were shocDced to �,earn that �hey may consider not <br />bu�.ldir�g �hat restauxant on the site approv�d, on th� west <br />sid� o;� Snelling. <br />In answer to his inquiry, I noted tha� if the Lido is not <br />constructed, the sit� could b� clivided subject to Cour�cil <br />approval. I noted, however, that th� City is d�sixous af <br />�i�vin� the L,ido construct�d, an�i that it would lik�ly <br />co�stitut�: a considerabl� ass�t to that a��a of Che City, 8�� <br />th� Gity �s � who��. �n oth�r wo�ds, I was carc��ul to nate <br />that I am not recam�mendir�� th� abandonm�nt of th� Lido <br />prop�osal but that if it wer� not buil.t, s muY�i-�tory ot�f ic@ <br />buildfng wauld be acc�p�$bl�� <br />w� �h�n r�viewod �,��th �fr, l�tai�+tta a vari@�y of o�h�r pa�sible <br />locations in Rca�eville. <br />8• �i�mc��I.ler 223-5004 <br />K�nn�th K�no�l�.ex, an Economic �v�lo�ament Dir�ctor fo� the <br />��st Metro A��a Cha.mb�x oF CommQrcc� Ce�mmit��, was in with a <br />s�a�f m�mb�r, L�ah Shi�1y, r�o <br />pat�n�ial indu�tri�l sit�� in R�s�vi3l��armation r�garding <br />sit�� ti�a�, to e�ur knowl�d � 8 �� rQv�.�w�c� �ix <br />��velopm�nt. �-� FP��r�d to be availalal� fcar <br />�� alsc� di�cussed with �h�m the ov��ell concQ�t af th� East <br />Metropolitan ar�a promok,ion objectiv�. It �, �, <br />a�.l, purpcaS� is to mak� west side m�tropoli�anpareasd�y�],opers <br />awar� o� the gotential and availability o� sit�s in thE <br />easterZy rnetropolita� area. we t�lk�d abo�tt th� impact of <br />th� freeway s_yst�m► a�� the 1ti'illinr�n��� of o�st side <br />communities to c�operat�, we did no� discuss financial <br />contr�.butions o� th�: part of any communities, but no�ed that <br />�h� Ros�vill� s�atf would be helpful in praviding <br />infarma�ion. <br />Craig Waldron noteci the exist�nce of the Star City tapesr and <br />other data being ass�mbled, which would be h�lp�ul toward <br />their cause. <br />