07-22-2015 Council Packet - Laserfiche WebLink

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64-66 Ldtlel:ada 515 Little Canada Road, Little Canada, MN 55117-1600 (651) 766-4029 / FAX: (651) 766-4048 www.ci.little-canada.mn.us MAYOR John Keis COUNCIL Rick Montour Michael McGraw Tom Fischer Christian Torkelson ADMINISTRATOR Joel R. Hanson MEMORANDUM TO: Mayor Keis & Members of the City Council FROM: Joel Hanson, City Administrator DATE: July 17, 2015 RE: Sale of 3100 Country Drive (Former Public Works Building) With the move to our new Public Works building essentially complete (there are some outdoor storage items that still need to be moved), we are ready to put the former Public Works building up for sale. Here are the preliminary parameters staff would recommend based on previous Council discussions: Building Size — 7,200 square feet Building Construction — Steel frame/metal clad Site Zoning — Currently Zoned Public but to be Rezoned to PUD Site Area — 1.27 acres Outdoor Storage Area — approximately 12,000 square feet (fenced in area north of bldg.) Outdoor Storage Allowance — City is willing to allow outdoor storage in fenced in area north of building. This will be evaluated on a case-by-case basis. To be considered, storage will need to be maintained in a very neat and orderly manner. Building Condition — Property is being sold in an "AS IS" condition and buyer will need to make any building/site upgrades needed to comply with zoning & building codes based upon the use proposed. Asking Price - $520,000 Contract for Deed — Would we consider selling on a C/D? If so, we would need to determine the percentage of down payment (at least 20%), the length of term we would carry it, and the interest rate. Obviously, not carrying a contract for deed could involve less issues for us, but the Council should comment on that possibility. Exterior Enhancements Incentive — The City could provide matching funds (through a price reduction) up to $50,000 to offset the cost of enhancing the building facade visible from Country Drive. This would be at the City's discretion. The goal being to provide a financial incentive to help upgrade the streetscape along Country Drive. Staff would propose we sell the building on our own given we have a number of parties that have expressed interest. Subject to any other terms or conditions the Council may want to consider, we would contact those that have expressed interest to make them aware of the above information. We could also have a sign made to place on the property to indicate it is available for purchase. Council direction is needed to commence the sale process.