08-12-1998 Council Agenda - Laserfiche WebLink

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515 Little Canada Road, Little Canada, MN 55117 -1600 (651) 484 -2177 / FAX: (651) 484 -4538 MEMORANDUM TO: Mayor Fahey & Members of the City Council FROM: Joel Hanson, City Administrator DATE: August 7, 1998 RE: Rice Street/Little Canada Road Redevelopment Update MAYOR Michael 1. Fahey COUNCIL Beverly Scalze Jim LaValle Steve Morelan Bob Pedersen ADMINISTRATOR Joel R Hanson Kim Wise has been informed of the September 15th deadline for execution of the lease and development agreements. He has indicated to me that he is redrafting the lease into Cinemark's form incorporating our comments. He has also informed me that he will be here August 27th and 28th to finalize details on these agreements. I have forwarded him contacts for various services he needs to perform for making site evaluations. Mr. Wise has also indicated he will be contacting Mayor Fahey directly to talk to him about the status of the project. He assured me in our most recent phone conversation that Cinemark has now put this project on the front burner and things will be moving quickly. I have also received other inquiries about developers who may be interested in the northeast corner of Rice Street/Little Canada Road I have provided them with background information, but made it clear we are dealing with another developer who has until September 15th to put a deal together. Sherman Rutzik has also expressed frustration over the lack of action on our part and his inability to put forth a development proposal. I have mentioned to him that if the Cinemark project does not move forward as outlined by the Council, we would gladly accept a proposal from him to redevelop this area subject to financial feasibility. Our relocation consultants have made. contact with the tenants of the Guerin property. I have instructed them to tell the tenants that the City is very interested in retaining them within the community and would like to work with them to relocate them to a suitable location. While they have been given a 90 -day notice to relocate, I have told them that we will provide them 90 days from the date we are certain as to the development of the property in order to give them a little more definition as to their future. Harold's Shoe Repair has informed me that they would ideally like to be relocated next March or April based on their business trends. While I did not commit to that date, I said we would keep that in mind as we move forward with redevelopment of this area. Page 57