12-10-1979 CC MIN - SPECIAL - Laserfiche WebLink

Home Browse Search

SPECIAL MEETING OF THE ELK RIVER CITY COUNCIL HELD IN THE SCHOOL DISTRICT OFFICE December 10, 1979 Members Present: Mayor Madsen, Councilmembers Duitsman and Toth. Members Absent: Councilmembers Otto and Engstrom. 1. Meeting called to order a.t 7:30 p.m. by Mayor Madsen. 2. Industrial Revenue Bond Request for S. D. Smith & Associates (Star Market) Mr. John Lewman, Mr. S. D. Smith, Mr. Ron Dargis, representatives of the May Co., representatives of the proposed contractor on the project and a bonding consultant for the petitioner were present to.address the City Council regarding the issuance of industrial revenue bonds to' finance the construction of a commercial store on Highway 169 north of the Northbound Liquor Store. Mr. Lewman reviewed the proposed project briefly for the members of the City Co!ncil and indicated construction was anticipated to begin in the spring of 1980 by March 1st and approximately 25 jobs would be created by the proposed project. Councilman Duitsman asked the petitioners and the City Administrator what was going to be done to surrounding streets and driveways as a result of this constructon. The City Administrator indicated that as previously agreed a two lane, 9 ton roadway on an easement provided by the City to the developers of the project would be constructed, that a two inch overlay from Hwy. 169 to the east side of the Main Street entrance to the proposed project be installed, that Main Street be widened to provide for turn lanes and that the appropriate storm seWer be provided for the project and the roadways. Mr. Reirsgord, of the May Co., indicated that these requirements were acceptable to the developers and would, in fact, be installed as the project proceeded. Councilman Toth asked the developers why a, two year delay in the project had been experienced. A.May Co. representative indicated that severe soil problems on the site had been experienced and that the original investor in the project had backed out of the agreement and another investor had to be located. Mr. Lewman indicated to the Council that the total project cost would be between $970,000 and $1,000,000 and that the tax exempt mortgage required for the completion of the structure would be in the amount of $745,000 over 25 years. Mayor Madsen declared the public hearing open and asked all individuals wishing to speak for or against the project to address the City Council at this time. There being no persons presents, Mayor Madsen closed the public hearing and confined comments to the City Council. COUNCILMAN TOTH MOVED APPROVAL OF RESOLUTIIDN 79-41 GRANTING PRELIMINARY APPROVAL TO AN INDUSTRIAL REVENUE BOND PROJECT FOR S D. SMITH & ASSOCIATES, APPROXIMATELY IN THE AMOUNT OF $745,000. COUNCILMAN DUITSMAN SECONDED THE MOTION. MOTION PASSED 3-0. 3. Liquor License for Richard and Marlene Povlitzki Richard and Marlene Povlitzki and their real estate agent, Mr. TQm Libra, were present to address the City Council regarding the issuance of a liquor license for an operation to be located in the facility now known as Dick's Main Tap. The City Administrator informed the Council that questions regarding the background of the proposed licensees had been raised in the background investigation and as of this time had not been resolved. The Povlitzki's indicated that these problems were addressed by the City of Minneapolis when a liquor license was issued to them and that they have had several liquor licenses since the time being questioned in the