11-04-1991 CC MIN - Laserfiche WebLink

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. . . City Council Minutes November 4, 1991 Page 3 The City Clerk reviewed her 11 /1/91 memo and indicated that the Elk River Jaycees have requested a renewal of their premise permit application to operate a Class B Gambling License at Dick's Riverfront Bar. COUNCILMEMBER SCHULDT MOVED TO ADOPT RESOLUTION 91-63, A RESOLUTION APPROVING PREMISE PERMIT APPLICATION FOR THE ELK RIVER JAYCEES. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. 5.2. Industrial Park Source of Funds The City Administrator indicated that the Council recently voted to purchase the remaining parcels of the Elk River Industrial Park from the Elk River Associated Investors at a purchase price of $210,000 for seven lots. The City Administrator stated that at the 10/17/91 City Council meeting, when the Council voted to purchase the prope~ty, the Council also requested staff to review possible alternative sources of funding for the purchase. The Council suggested requesting assistance from the Elk River Utilities in order reduce the $55,000 being proposed to be used from the City's Revolving Loan Fund. The City Administrator indicated that the Elk River Associated Investors have previously agreed to contribute $39,000 to the Revolving Loan fund once the property is sold. Councilmember Schuldt commented that the suggested funding was coming from some critical areas. After further discussion, it was the consensus of the Council to request funding from the Elk River Utili ties. An amount of $25,000 was suggested, however, after further discussion, it was the consensus to request $55,000. The City Administrator informed the Council that the Ci ty is moving forward with drafting the Purchase Agreement. COUNCILMEMBER KROPUENSKE MOVED THAT THE PURCHASE OF ELK RIVER INDUSTRIAL PARK DOES NOT AFFECT THE CITY'S COMPREHENSIVE PLAN AND, THEREFORE, NO REVIEW IS NECESSARY BY THE PLANNING COMMISSION. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. 5.3. Consider Appraisal Firm The City Council discussed the hiring of appraisal firms for the Westwood improvement project, the Main Street/Highway 169 Intersection improvements, and the purchase of a parcel of property located by the City Park and the golf course. COUNCILMEMBER KROPUENSKE MOVED TO OBTAIN A QUOTE FROM PATCHIN AND ASSOC I A TES FOR APPRA I SAL WORK ON THE WESTWOOD AREA. COUNC I LMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 5-0. COUNCILMEMBER HOLMGREN MOVED TO OBTAIN A QUOTE FROM PANGER AND BENSON APPRAISAL FIRM FOR AN APPRAISAL ON THE MAIN STREET HIGHWAY 169 INTERSECTION IMPROVEMENT PROJECT. COUNCILMEMBER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 5-0.