08-26-1985 CC MIN - Laserfiche WebLink

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City Council Minutes August 26, 1985 Page Three Larry Morrell questioned Mr. Maurer as to how he would obtain the necessary easements. Mr. Maurer indicated that the costs for the project do not include the buying of easements, but that the City is assuming the landowners will give the easements. COUNCILMEMBER WILLIAMS MOVED THAT TERRY MAURER, THE CITY'S ENGINEER, REESTABLISH THE COST OF THE PROJECT BY LEAVING OUT CREATIVE ESTATES, AND FURTHER BY DISCUSSING WITH THE STAFF OTHER POSSIBILITIES TO APPROACH CREATIVE ESTATES AND THEN PRESENT THE FINDINGS TO THE COUNCIL. COUNCILMEMBER GUNKEL SECONDED THE MOTION. Councilmember Engstrom stated that Terry Maurer should bring the formula for figuring out SAC charges to the next Council meeting. THE MOTION PASSED 3-0. 6. King Street and Main Street Tax Increment Financing Feasibility Report The City Administrator stated that the Downtown Development Corporation had re- viewed the development proposal for King and Main Street and had authorized Zack Johnson to prepare a work plan. The City Administrator further indicated that Zack Johnson could have the study done in three weeks, and further stated that the preliminary study would cost approximately $3,600 to $3,800. The City Administrator stated that if everything proceeds on schedule, the minimum amount of time would be 14 weeks from the time the developers group provided information to Mr. Johnson to the time the bonds would actually be issued. Cliff Lundberg stated he felt Zack Johnson's charges for the study should be broken down. Mr. Lundberg noted that he felt Mr. Johnson's fees were too high for the amount of work he is actually doing because of the fact that the City Staff and the Downtown Development Committee is providing him with most of the information. The City Administrator indicated he would contact Zack Johnson and ask for a breakdown of his fees. COUNCILMEMBER WILLIAMS MOVED TO TABLE THIS ITEM UNTIL THE NEXT CITY COUNCIL MEETING AT WHICH TIME THE CITY ADMINISTRATOR WOULD HAVE MORE INFORMATION REGARDING ZACK JOHNSON'S FEES. COUNCILMEMBER GUNKEL SECONDED THE MOTION. THE MOTION PAS SED 3-0. 7. Administrator's Update A. Economic Development The City Administrator indicated that at the present time Elk River does not have a package of material to give to perspective businesses in Elk River, and also there is no staff person devoted in economic development. The City Administrator indicated that he felt it would be a good idea to use someone from the City's lawfirm to make up a package as to what is available in Elk River regarding topics such as IRB'S, HRA, Economic Development Commission and TIF. Dave Sellergrem, the City's Attorney, indicated that he would be interested in preparing such a package and further that he could get a proposal to the City Council for their review.