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MINUTES REGULAR CITY COUNCIL MEETING APRIL 23, 1986 PAGE 2 ad~acant to the site For additional parking and landscaping. Mr. Olson also explained that set back variances would be needed on all four lot lines, and ~ossibily a parking variance. WALLIN ARRIVES Wallin arrived at 7:26 p.m. OLSON REQUESTS DISCUSSED, VARIANCES REFERRED TO PLANNING COMMISSION . ~ ~ 3'7 Council briefly discussed the possible sale of land to Mr. Olson, indicating the cost would be at least the amount the city paid for the land ($2.00 per square foot). The variances were referred to the Planning Commission, and Mr. Olson was requested to present his plans to the City Planner for review. MSA CAPITAL IMPROVEMENT PROGRAM PRESENTATION AND ADOPTION OF RESOLUTION R-86-16 Schunieht presented a report on the Minnesota State Aid system and the allocation of funds to Falcon Heights. He then reviewed his report dated April 18, 1986 relating the the city's Five Year Municipal State Aid Capital Improvement Program (a copy of which is on file in the Clerk's Office) and recommended Council adopt a resolution approving the five-year plan. Council discussed streets presently on the State Aid System and the possibility of transferring State Aid designation to other streets after which Chenoweth moved, seconded by Wallin, adoption of Resolution R-86-16. Motion carried unanimously. RESOLUTION R-86-16 A RESOLUTION APPROVING THE FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM FOR MUNICIPAL STATE AID STREETS DISCUSSION - REDEVELOPMENT OF SE CORNER, LARPENTEUR AND SNELLING Apfelbacher informed Council of recently adopted Federal and State laws affecting the use of tax increment financing and stressed the fact that the city may still implememt tax increment financing between now and September 1, 1986. Apfelbacher then presented a preliminary draft of his computations relating to redevelopment of the southeast corner of Larpenteur and Snelling and its relationship to Stratford Development's proposal. A copy of the report is on file in the Clerk's Office. Apfelbacher and Barnes requested Council give some guidelines for prospective developers and during the discussion the following guidelines were developed: 1) would prefer a mix of housing and commercial, 2) would entertain considering a building higher than three stories, 3) would prefer a 10 year tax increment period but would consider a longer period if a developer convinces Council it is appropriate, and ~) would consider condemnation only as a last resort. Council concurred it would be prudent to obtain an appraisal on the property after which Baldwin moved, seconded by Hard, Barnes be authorized to contact the City Attorney for names of appraisers, and arrange for such appraisal. Motion carried unanimously. Barnes also was directed to cheek into relocation costs. LICENSE FEE INCREASE DISCUSSION AND ADOPTION OF RESOLUTION R-86-17