5.0. EDSR 03-08-2004 - Laserfiche WebLink

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C� ✓ G c� • Council Minutes - 2/9/04 Jameson property. Matt Brokl indicated that whether access was negotiated or the property was condemned there would be compensation paid. Glen Posusta asked about the elevations of the property making layout of the road alignment more difficult. City Engineer, Bret Weiss stated that the City would like to see connecting to the future Fallon Avenue at the peak of the hill. Bret Weiss indicated that street layout would require some tree removal and filling of areas. There was no one else who spoke for or against the proposed vacation. Mayor Thielen then closed the public hearing. Mayor Thielen stated that the issue of access is a separate issue from the quiet title action and the street vacation. City Administrator, Rick Wolfsteller, indicated that since the City has received clarification from the church on their concerns and the proposed vacation would extend only as far as the Jameson property, the City Council could take action on the matter. ROBBIE SMITH MOVED TO ADOPT A RESOLUTION VACATING ALL OF OLD TERRITORIAL ROAD LYING SOUTH OF THE RAILROAD TRACKS ABUTTING THE JAMESON PROPERTY ONLY AND INCLUDING ANY PORTION OF OLD TERRITORIAL ROAD THAT ALSO ABUTS THE MERRILL BUSCH PROPERTY. ROGER CARLSON SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY. 8. Consideration to review non-binding letter of intent and authorize preparation of purchase agreement for industrial land. City Administrator, Rick Wolfsteller, provided background information on the proposed acquisition of industrial land by the City, citing the work done by the IDC small group in meeting with the Council in a workshop on the land acquisition. The Council had initially delayed action on this matter until February in order for the City to come up with a cost figure for the City's portion of the I-94/CSAH 18 Interchange. That cost information will not be available yet for several months. The staff and IDC small group have been negotiating with the owner of the property known as Otter Creek Crossing. The terms negotiated have been put into a letter of intent which was being brought before the Council for their review and also to get direction from the Council on whether the IDC small group and staff should proceed with negotiating a purchase agreement. The letter of intent covered price, mining operation and extension of utilities. Rick Wolfsteller emphasized that the letter of intent is not the final document. He noted there are several issues that still need to be resolved such as the closing date and ceasing of mining operations. If the Council was still comfortable with the City acquiring industrial land and marketing it, then a purchase agreement should be negotiated. The IDC small group and staff pointed out possible detriments, such as the state economic development program called JOBZ (job opportunity building zones) which could impact the City's ability to sell industrial property. Bruce Thielen stated that he had received a call from a developer of industrial land in Monticello. If the City follows through with a purchase agreement, he felt the IDC small group • should meet with industrial developers and property owners and inform them of the City's plan. 4