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MAYOR <br />Michael 1. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />515 Little Canada Road, Little Canada, MN 55117 -1600 ADMINISTRATOR <br />(651) 484 -2177 / FAX: (651) 484 4538 Joel R. Hanson <br />Email: cityhall @ci.little- canada.mn.us <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: February 4, 2000 <br />RE: Rice Street/Little Canada Road Redevelopment Update <br />I anticipate I will have the proposal from Colliers Towle Real Estate in final form by <br />Wednesday's meeting pursuant to direction at our past workshop. While there has been no new <br />information on the alleged theater development, Presbyterian Homes has contacted us regarding <br />the possibility of a senior living project combined with some other types of development. (They <br />have involved Kraus Anderson in the review of this matter.) We are attempting to set up a <br />meeting for the last week of February to discuss this matter further. My goal is to have them as <br />well as a couple of other projects listed as exceptions on our final draft agreement. If I am not <br />successful in this regard, the Council should let me know if this would impact your decision to <br />retain Colliers Towle for marketing the Guerin/Budget Power corner. <br />JRH:kpp <br />Page 57 <br />