06-27-01 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JUNE 27, 2001 The Administrator further reported that Oppidan is interested in developing the Rice Street/Little Canada Road area and are proposing a 33,000 square foot offce/retail building. The Administrator indicated that he hopes to have a Development Agreement worked out with Oppidan by August ]s', and they are currently working on lease commitments. Oppidan would like a commitment from the City stating that they are the preferred developer for the Rice Street/Little Canada Road redevelopment project. Mr. Fahey introduced the following resolution and moved its adoption: RESOI. UT ION N0. 2001-6-131-DECLARING THA'I' OPII)AN IS THE CITY .S PREFERRED DEVELOPER FOR THE RICE STREET/1ITTLE CANADA ROAD AREA AND STIPU] AlING THAT THE CITYIS SEEKING A DEVELOPMENT AGREEMENT WIT H OPPIDAN NO LATER THAN AUGUST T, 2001 The foregoing resolution was duly seconded by LaValle. Ayes (5) Fahey, LaValle, Scalze, Montour, Anderson. Nays (0). Resolution declared adopted. Fahey thanked Ehlers & Associates as well as City staff for their efforts with putting together a bond sale in a very short amount of time. AMENDMENT The City Administrator recommended that the Cowrcil table action on the TO BIAGINI amendment to the Biagini Development Agreement. FIe and Mr. Biagini DEVELOPMENT have not resolved all of the issues relative to this amendment. Mr. Biagini AGREEMENT indicated that he would likely begin construction on the second Country Drive building before the end of July. If necessary, the Administrator reported that a special meeting could be called to act on the amendment. Mr. Fahey introduced the following resolution and moved its adoption: RE.SOI,UTION N0. 2021-6-132 - TA13] INCi ACTION ON THE AMENDMENT TO THE ]37AGIN7 DEVELOPMENT AGREEMENT AS RECOMMENDED 13Y THE CITY ADMINISTRATOR The foregoing resolution was duly seconded by Scalze. Ayes (5) Fahey, Scalze, Montour, Anderson, LaValle. Nays (0). Resolution declared adopted. 17