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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: January 7, 1999 <br />RE: Concept for St. Paul Water Utility Property <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R Hanson <br />Mike Kalscheuer of Told Development Company will be present at Thursday's meeting to talk <br />about development concepts for the St. Paul Water Utility property that was previously discussed <br />with Frank Frattalone. (This property is located at the end of Spruce Street to the south of <br />Country Drive up against the Burlington Northern railroad tracks.) <br />Mr. Kalscheuer has been supplied with minutes from previous discussions on this topic (attached <br />for your review). It is my understanding that he want to clarify the Council's position on this <br />matter in order that he can properly market the property. He has also talked about the possibility <br />of tax increment financing assistance. I have indicated that we would consider that possibility <br />with appropriate justification. <br />JRH:kpp <br />Enclosures <br />cc: Mike Kalscheuer <br />Page 2 <br />