06-22-99 Council Minutes - Laserfiche WebLink

Home Browse Search

MINUTES CITY COUNCIL JUNE 22, 1999 fire. Fahey thanked St. Jude on behalf of the City for their commitment to the community. RIC~ STIZE~T/ The City Administrator reported that Sherman Rutzick has expressed LITTLE CANADA interest in sellin~ his property in the Rice Street/Little Canada Road area ROAD to the City for $2 per square foot. While the price is attractive, the R~DEV~LOP- Administrator questioned the source of funds the City would have for this MENT acquisition. Rutzick has also indicated that he would obtain an appraisal on the property to determine any value over the $2 per square foot. He would then gift that value over to the City and has also requested a letter threatening eminent domain on the site. Rutzick also requested first right of refusal for the development of senior housin~ on this property. The Council discussed the proposal and agreed that the price was a good one. However, the consensus was that at this point redevelopment efforts should be concentrated north of Little Canada Road as well as along Country Drive and on Rice Street near County Road C. The Administrator suggested that the Council could hold off on a decision for a couple of weeks to see if anything develops with the redevelopment of the Rice Street/Little Canada Road area south of Little Canada Road. There is currentiy a development group trying to put together a project. ADJOURN Mr. Morelan introduced the following resolution and moved its adoption: RESOI, UTION NO. 99-G-166 - ADJOURNING The fore~oing resolution was duly seconded by Fahey. Ayes (4) Morelan, Fahey, Scalze, Pedersen. Nays (0). Resolution declared adopted. There being no further business, the meeting was adjourned at 10:15 P.M. _ ~ r~ ~ ~ z~~.~i`t/,_^,i ~. G~ d1.t<; Mic~ a I I. Fahey, Ma or Attest ~~z. ~ /'~----- ~' Joel Hanson, City Administrator 27