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MINUTES CITY COUNCIL MAY 28, 1997 of a piece of property they are purchasing from the railroad with their lot at 193 Ryan Drive. Wills reported that Belland's would like to add two and one -half bays to their building. There was no one present from the general public wishing to comment on this matter. Upon motion by LaValle, seconded by Morelan, the public hearing was closed. Morelan pointed out that it appears the railroad tracks come very close to the Belland building now, and asked if there were any requirements from a public safety standpoint on separations of tracks from buildings. The City Administrator replied that from a building code standpoint there were not. Mr. LaValle introduced the following resolution and moved its adoption: RESOLUTION NO. 97 -5 -123 - APPROVING THE VARIANCE FOR REAR YARD SETBACK AS REQUESTED BY BELLAND AUTO REPAIR FOR THEIR PROPERTY AT 193 RYAN DRIVE AS WELL AS PROPERTY DIVISION /COMBINATION RELATIVE TO PURCHASE OF A STRIP OF PROPERTY FROM THE RAILROAD AND COMBINING IT WITH THE BELLAND PROPERTY SUBJECT TO COMPLIANCE WITH THE RECOMMENDATIONS OF THE CITY PLANNER AS OUTLINED IN HIS REPORT DATED MAY 5, 1997 The foregoing resolution was duly seconded by Morelan. Ayes (4) LaValle, Morelan, Scalze, Pedersen. Nays (0). Resolution declared adopted. RECESS At this point in the meeting, 8:45 P.M., Council took a short recess. The meeting was reconvened at 8:55 P.M. PETRINA Morelan requested that in preparation for the June 10th Council meeting, PARK the City Administrator put together some tax analysis comparing the TERRACE property taxes which will be generated by the proposed twinhome development with various sizes of industrial buildings as well as warehousing versus finished space. The Administrator has done some preliminary analysis and it appears that industrial development will generate more tax dollars than a twinhome development. Page 2