07-24-91 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JULY 24, 1991 separate corporation, or if funds could be used from one project to another. Bolhouse replied that Presbyterian Aomes has nine corporations, and while some projects are under separate corporations, others are combined. Bolhouse was not sure what was proposed for this project. It was pointed out that the project would be three stories with underground parking. The underground parking is proposed not only because of the cold winter months, but for security reasons as well. The City Administrator described the schematic of the building that is being proposed and pointed out its ideal location. The Administrator reported that the Committee's recommendation to negotiate with Presbyterian Homes was subject to the following points: That the Developement Agreement set forth a reasonable rent range for the units; that the City be reimbursed its costs to-date; that amenities deemed questionable by the City be withheld from the project budget; that there be no reduction in City fees; and any other factors as determined necessary by the City. These recommendations are outlined in detail in the July 24th report. Again, if negotiations do not proceed satisfactorily, the Committee has recommended that negotiations begin with Stuart Corporation. Blesener reported that he cannot support the Presbyterian Homes project since he believes that there are too many units proposed. Scalze pointed out that the property is zoned commercial, and felt the City should work towards its highest and best use. Mrs. Scalze introduced the following resolution and moved its adoption: RESOLUTION N0. 91-7-250 - ACCEPTING THE RECOMMENDATION OF THE SENIOR HOUSING COMMITTEE TO BEGIN NEGOTIATIONS WITH PRESBYTERIAN HOMES AS OUTLINED IN THE JULY 24, 1991 REPORT SUBMITTED BY THE CITY ADMINISTRATOR The foregoing resolution was duly seconded by Collova. Ayes (3) Scalze, Collova, LaValle. Nays (1) Blesener. Resolution declared adopted. Page 15