10-18-1993 CC MIN - Laserfiche WebLink

Home Browse Search

Elk River City Council Meeting October 18, 1993 Page 5 e EDA Main Street Redevelopment Site. Linda Frederickson stated that she has a VLSLon for Elk River. Her VLSLon is to revitalize the downtown area and to establish a cultural corridor from Elk River to Becker which would help in drawing tourists to the area. She indicated that her dream consists of a dinner theater located along river property at the location of the EDA Main Street Redevelopment Site. She stated that she would like to see the City begin to refocus itself from Main Street to the river. She indicated she has talked to investors and consultants who feel the project would work. She further stated that she realizes her idea is only at the conceptual stage, but it deserves the time to develop the feasibility studies necessary to put the dream together. She further stated that she would need several months in order to put the project together. Councilmember Dietz questioned whether the City would be putting itself in a predicament by not moving forward with the request for TIF from Kjellberg's. Peter Beck, the City's Attorney, stated that the City could still go ahead with the TIF public hearing and until the City approves the project, Kjellberg's has no guarantee. Mayor Duitsman questioned if the TIF public hearing could be delayed to December 13, as he would be out of town until that date and would like to be present during the public hearing. e Linda Bulow of the Bruce Company stated that up to the point of the last meeting with the Economic Development Authority, all the plans were preliminary. However, since that meeting when the EDA public hearing was scheduled on the TIF Plan, the building plans have been going into the final stages and it is at this point that money has been spent by the developer. Councilmember Scheel stated that a theater may return the City's money sooner than the proposed retail redevelopment. COUNCILMEMBER HOLMGREN MOVED TO SCHEDULE THE TAX INCREMENT FINANCING PLAN NO. 12 PUBLIC HEARING ON DECEMBER 13, DUE TO THE ABSENCE OF THE MAYOR PRIOR TO THAT DATE. COUNCILMEMBER SCHEEL SECONDED THE MOTION. City Administrator Pat Klaers informed the Council that the EDA has scheduled a public hearing for November 15, and stated that the EDA should be notified of the change in the Council public hearing date. He further informed the Council that if the Frederickson vision or dream does not become a reality, the City may lose the retail development proposed by Kjellberg. Councilmember Scheel stated that the City Council is obligated to do what is best for the City. Councilmember Dietz stated that he does not want to mislead the Bulow's, who are working with Kjellberg's. e Linda Bulow informed the Council that a delay could make it impossible to continue the Kjellberg project. She stated that Kjellberg's are running out of lease space at the present time and they need the 6,000 square feet. THE MOTION CARRIED 4-1. Councilmember Dietz opposed.