09-12-1994 EDA MIN - Laserfiche WebLink

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EDA Minutes September 12, 1994 Page 3 and City Council approve the B-P rezoning. The Planning Commission also recommended adjusting the PUD/B-P line west of the Government Center so as to run parallel with US Highway 10 and County Road 30. Discussion followed regarding the southern boundary change proposed by the Planning Commission. COMMISSIONER DWYER MOVED TO RECOMMEND TO THE CITY COUNCIL THAT IT APPROVE THE B-P, BUSINESS PARK ZONING DESIGNATION TO CERTAIN PROPERTIES LOCATED ALONG THE WESTERN AREA OF THE COMMUNITY. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 7-0. 8. Consider an Update on Central Business District (CBDI Issues Bill Rubin noted that as a result of an August 8th workshop on the CBD, the discussion was continued to the August 11, 1994 HRA meeting. At this meeting, the HRA approved a Request for Proposals (RFP) for the northwest quadrant of King Avenue and Main Street. The RFP calls attention to 3 contiguous properties listed for sale. While making no commitments, given the right proposal, the HRA will consider making a grant for demolition costs, thereby reducing a potential developer's costs. Bill stated that the RFP is an attempt to attract redevelopment into the Central Business District. Bill Rubin explained that the Request for Proposals was published in the Elk River Star News and the Minnesota Real Estate Journal, and also a copy of the RFP was mailed to approximately 40 potential users. He stated that the deadline for submitting proposals is September 14th at 4:00 p.m. Bill noted that the HRA has scheduled a meeting for September 20th to give persons submitting a proposal a chance to explain their concept to the HRA. Bill Rubin stated that also at the August 11, 1994 HRA meeting, the HRA approved its 1995 budget. The budget contains an expenditure of approximately $17,000 to design and construct an initial phase of a river front corridor or pathway. He anticipates that the HRA may contract with a landscape architect to look at opening up property on the river. Bill stated that he has asked the Park and Recreation Commission to consider an equal match of funds in 1995. He suggested that a river front corridor committee or task force be formed, comprising 2 HRA representatives, 2 Park and Recreation commissioners, representatives of the downtown development corporation representing the downtown property owners, and perhaps several citizens from the community at-large. Bill noted that the Park and Recreation Commission will be meeting on September 14th at 4:00 p.m. to discuss this issue. 9. Consider a Request from the City Council to Revise the 1995 EDA Budaet Bill Rubin explained that in order to close the gap in the City's 1995 budget shortfall, the EDA has been asked to absorb additional expenses in the amount of $8,000. These expenses are as follows: