09-25-96 Council Workshop Minutes

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MINUTES CITY COUNCIL SEPTEMBER 25, 1996 grant funds could be used to cover the actual capital cost of construction of storm water facilities. Fahey felt grant dollars would likely be tied to City cost participation in the project, and suggested land acquisition costs could represent that participation. Fahey asked if the City had enough funds on hand to proceed with the property purchase. The Administrator replied that there were adequate funds on hand. Morelan asked if there was any reason not to proceed with the purchase. The Administrator pointed out that redevelopment may not happen for a number of years. However, the designation of the Round Lake properties as open space is adequate justification for the purchase. LaValle suggested the rest of the Round Lake property owners as well as the Country Drive property owners be contacted to determine if there is additional interest in selling. The Administrator indicated he is aware of another property owner who is interested in selling. However, he has not contacted this property owner, but felt it might be worthwhile. The Administrator pointed out the Little Canada Road improvement being planned by the County and indicated that acquiring properties along Little Canada Road would make this project easier. Franz Nisswandt, 20 West Little Canada Road, indicated that Little Canada Road is a busy street. If it is widened, there will not be much yard left in front of his house. Fahey pointed out the consensus of the Council is to move forward with the project. Formal action will be taken later this evening during the regular Council meeting. Pedersen asked what the steps would be. The City Administrator replied that the first step would be to order appraisals to serve as the basis for just compensation for the property. If a purchase price is agreed upon, the City could set up a closing date which would accommodate the property owners. Once the City finalizes the purchase, the City could request 2