05-26-2004 Council Minutes - Laserfiche WebLink

Home Browse Search

MINUTES CITY COUNCIL MAY 26, 2004 Anderson noted that under the Twin Lake Blvd proposal, Little Canada bears the brunt of the negative impacts while Ramsey County maximizes the development potential of their property in Shoreview. Anderson suggested that given the land value implications to property owners along Twin Lake Blvd. and the impact to Little Canada, there should be sharing of the financial rewards that other cities and the County will actualize. Blesener recommended that the County conduct a neighborhood meeting with impacted property owners. Fahey suggested that the County will likely receive the same reaction from Twin Lake property owners as the Council expressed this evening. Anderson suggested that the County first determine whether or not this is a viable option before conducting a neighborhood meeting. Fahey suggested that the County consider other options given the negative impact to Little Canada. Fahey pointed out that cost should not be the compelling criteria in the evaluation of the options. LOWER The City Administrator reviewed his report recommending that the INTEREST interest rate on the loan to the Historical Society for their addition be RATE FOR lowered from 6.5% to 4% effective back to January 1, 2003. The basis IIISTORICAL for this reduction is the change in economic conditions and lower interest SOCIETY rates from the time the loan was first made. Mr. Montour introduced the following resolution and moved its adoption: RESOL UTION NO. 2004-5-113 - APPROVING A 4 % INTEREST RATE FUR THE HISTORICAL SOCIETYI,OAN EFFECTIVE .IANUARY 1, 200313ASED ON THE RECOMMENDATION OF TIDE CITY ADMINISTRATOR The foregoing resolution was duly seconded by Blesener. Ayes (5) Montour, Blesener, Fahey, LaValle, Anderson. Nays (0). Resolution declared adopted. MAACO Mr. llick Reeves, Maaco Auto Body, appeared before the Council reporting that he has outgrown his site on Country Drive. Mr. Reeves reported that he would like to relocate in the same general area, and was interested in occupying approximately '18,000 square feet of the former Knox building on Country Drive. Total building size is approximately 46,000 square feet. That property is currently zoned Planned Unit Development, and the issue is Maaco's need for outdoor storage. Fahey indicated that the outdoor storage use would likely require a Text Amendment, and Fahey indicated that it extremely unlikely that such an amendment would he approved. Blesener noted the recent development of the Union Trade Council adjacent to this property and the negative impact 23