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MINUTES FALCON HEIGHTS PLANNING COMMISSION JUNE 4, 1984 The Planning Commission Meeting of June 1~, 198l~ was called to order by Al Stefanson, Chairman, at 7:30 P.M. Stefanson, Nilsen, Chenoweth, Wallin, Mead, Trent-Sullivan, Black, and PttESENT Grittner. Also present was Council Liaison Chestovich. Olson. ABSENT The Minutes of the April 2, 1984 Planning Commission were discussed. MINUTES OF Jerry Wallin moved, seconded by Harold Nilsen, that the Minutes be 4/2/84 approved as presented. Motion carried unanimously. APPROVEL Bob Collins, Attorney for Bullseye Golf, explained the status of the BULLSEYE acquisition of the liquor store; that is, that the property would be GOLF made available to the developer at fair market value price. One appraisal PKELTMINARY has been done by the City and Bullseye Golf has hired an independent PLANS appraiser. Mr. Collins then advised that he had obtained an appraisal of the gas station, met with the owners and offered a sum of money for the • acquisition of that property. The owners of the gas station felt the offer to be too low and obtained an unofficial appraisal from a commercial business realtor. No further negotiations have transpired. Bob Collins advised that a letter of credit has been provided to the City along with a copy of the executed development agreement and fees incurred by the City with regard to the development have been paid. Mr. Collins then presented the site plan prepared by Pope Associates, Inc. Mr. Pope was in attendance to answer questions. Items such as the acquisition of the George Peck property, acquisition of the liquor store and gas station, an ~~Ln shaped building, common parking, underground parking, etc. were all considered in the design phase. A number of the options were ruled out because the costs would be disproportionate for what Bullseye would receive. He reviewed the site plan indicating there would be 23,000 square feet of retail space on the ground floor, 3,000 sq ft. of office space used by Bullseye in the basement plus an additional 12,000 sq. ft. of storage in the basement area. Construction would like to be started by September lst (after the State Fair) with opening planned for February of 1985. Therefore, he would appreciate approval by the Planning Commission and City council of the site plans as soon as possible as well as setting the date for the public hearing on the formation of a tax incre¢nent district. If negotiations with the gas station owners came to a standstill or deadlock, he requested proceeding by having • the City enter into condemnation proceedings.