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MINUTES <br />CITY COUNCIL <br />MARCH 6, 1995 <br />fine in concept, but perhaps not in location. The City <br />Council wants the area to be attractive, but just a lot <br />of development on real estate. <br />Mulgren pointed out that Little Canada will not build a <br />Galleria. The area will develop with functional <br />businesses. Mulgren felt it was nice to plan for <br />public spaces, but felt that if it increases the cost <br />of the project by $5 per square foot, it may not be <br />feasible. <br />The Administrator pointed out that the City has only <br />been presented with concepts, each of which have been <br />different. The Administrator pointed out that the City <br />values its businesses and wants to work with property <br />owners. However, the Council needs to get a better <br />handle on what it wants to do in the area from the <br />standpoint of long-term community development. <br />Mulqren felt that the tenant mix was more important <br />than the green grass and building facades. <br />The Administrator agreed that tenant mix was crucial, <br />and that is why the marketing analysis is being <br />discussed. The City does not want to build another <br />Market Place Shopping Center. <br />John Vitale pointed out that the successful businessman <br />is one that puts money back into his business. Vitale <br />stated that he wanted to see something begin to happen <br />in the area. <br />Joe Vitale asked if the development guide would be <br />completed by September lst. <br />Fahey hoped so. <br />John Vitale pointed out that the Market Place is for <br />sale right now. Budget Power is also having problems. <br />Vitale suggested that there were some opportunities <br />waiting, and suggested that perhaps the City should be <br />taking options on these properties. <br />Fahey indicated that the City will do whatever it can <br />to facilitate the redevelopment of the area. Fahey <br />reported that the Council will discuss the proposal <br />submitted by Fifield's group at its March 8th meeting. <br />15 <br />