11-10-98 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL NOVEMBER 10, 1998 REDEVELOP- reported that he and Rusty Fifield met with Moarn regarding the financial MENT implications of the development. Fifield is preparing an analysis which will be reviewed with Moarn within the next few days. The Administrator reported that the owners of the Market Place Shopping Center are dealin~ directly with Cinemark. They are evaluating the possibility of buildin~ the theater and leasing it back to Cinemark. The Administrator further reported that the public purpose hearing pursuant to eminent domain proceedings on the Guerin property was held, and the ruling was in favor of the City. The City will receive title to this property no later than December 28 with a purchase price determined after the first of the year. The Administrator informed the Council that Sherman Rutzick is interested in proposing a senior housin~ development on this property, and would like to know if the Council is interested in this type of concept. Morelan indicated that he had no problem with senior housing within the site in general, but how senior housing would commingle with the rest of the redevelopment he did not know at this point. Council discussed this concept, and felt that senior housing would have to be a component of a larger development that would include commercial as well. Concern was expressed with the development of senior housing on the Rutzick property and the ef~'ect this would have on a theater development south ofLittle Canada Road. LaValte asked about the reconstruction plans for Little Canada Road. The Administrator replied that the County has not finalized the plans as yet given that additional right-of-way is needed on the south side of Little Canada Road to allow a street alignment based on the streetscape proposal. The rational for the additional right-of-way from the south, was the ability to push the road further south given the City's purchase of and removal of houses on the north side of Round Lake, and the lessen impact on the parking lots for the Vitale shopping centers. There are only three properties to deal with for additional right-of-way on the south side of Little Canada Road versus more on the north side. LaValle stated that he would like an update from the County on the issue of the Little Canada Road reconstruction. LaValle pointed out the new possibility that the theater could be developed north of Little Canada Road. LaValle noted that Chris Moarn is talkin~ about construction of his development beginning in April of 1999, and suggested that the City needs to reso(ve the road issue before that time. 7