06-13-01 Council Special Minutes

Home Browse Search

MINUTES OF THE SPECIAL MEETING CIT]' COUNCIL LITRE CANADA, MINNESOTA Pursuant to due call and notice thereof a special meeting of the City Council of .Little Canada, Minnesota was held on the 3rd day of June, 2001 in the Council Chambers of the City Center located at 515 Little Canada Road in said City. JUNE 13, 2001 Mayor Michael 1. Fahey called the meeting to order at 4:00 p.m. and the following members of the City Cow~cil were present at roll call: CITY COUNCIL Mayor Council Member Council Member Cowicil Member Mr. Michael I. Fahey Ms. I3everly Scalze Mr. Jim LaValle Mr. Matt Anderson AQSENT: ALSO PRESENT: Council Member Mr. Rick Montour City Administrator Mr. Joel R. Hanson Financial Advisor Opidan Opidan Deputy Clerk Mr..Rusty Fifield Mr. Maul Tucci Mr. Jay Moore Ms. I{athy Glanzer POTENTIAL Mr. Paul Tucci, Opidan, appeared before the Council to reporC on Opidan's DEVELOPMENT interest in developing a 33,000 square foot office/retail building on the TOR NORTHEAST northeast corner of Rice Street and Little Canada Road. Tucci presented CORNER OF the history and backgrowrd of the Opidan Company, indicating that the RICE/LITTLE company was a merchant developer that does not hold properties long-term. CANADA ROAD Tucci presented a preliminary site plan fora 33,000 square foot office/retail building. He indicated that the fu~st floor would be retail use, while the second and third floors would be office. Tucci indicated that given the discussion in the Legislature relative to Tax Increment Financing, he would anticipate that construction ou this project would not begin until Spring of 2002- Tucci noted that plans would be presented for approval in 2001, and construction would start in March or April of 2002. He noted that delaying construction until the spring would save winter construction costs. The building could be constructed over the course of 4 months with tenants moving in late summer or early fall of 2002.