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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(651) 484 -2177 / FAX: (651) 484 -4538 <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: July 9, 1999 <br />RE: Biagini Office Project <br />Development Agreement: <br />MAYOR <br />Michael L Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R. Hanson <br />Mr. Biagini and I were to meet on July 6th to workout the final details of the development <br />agreement for the above - referenced project. However, due to a serious illness in his family, he <br />had to leave town and we have not yet been able to meet. If possible, I will try to get together <br />with him before Wednesday night in hopes of having an agreement in final form for your <br />approval. <br />We have closed on the Fasciana property on June 30`h and are closing on the Nadeau property on <br />July 12`h. In the case of Mr. Nadeau, I have agreed to have property taxes prorated from June <br />15` on given that was the date we originally were set to close. The closing has been delayed due <br />to some title issues that were being resolved. <br />Precision Tree Property Acquisition: <br />I hope to be in receipt of the appraisal for this property by Wednesday's meeting. Once <br />received, I will meet with the owners of Precision Tree to discuss our next course of action. I <br />have also been working with them to try to find possible relocation sites within the community. <br />Knowing the appraised value of their current property will help us decide how to approach this <br />matter. <br />JRH:kpp <br />cc: Dick Biagini <br />Mac & Chris Groholski <br />PAGE 167 <br />