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08-14-2014 Planning Comm. Agenda
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08-14-2014 Planning Comm. Agenda
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Fra -Dor, Inc. <br />Aggregate Stockpiling and Recycling Interim Use Permit <br />Interim Use Agreement <br />Page 8 of 19 <br />Mutual Intent to Re -Develop Site <br />20. Owner and City declare their intent to re -develop the Property either within the <br />stated term of this permit or within a commercially reasonable time thereafter. The City and the <br />Owner have discussed potential redevelopment scenarios, and agree on a goal of maximizing <br />building area and quality on the site, consistent with the comprehensive planning direction for <br />the area. The City agrees to cooperate with Owner in evaluating the potential for acquiring <br />nearby parcels along Ryan Drive, in evaluating the relocation of a portion of Ryan Drive, and in <br />evaluating tax increment financing for the area consistent with the requirements of state law. <br />The Owner agrees to cooperate in the above and in evaluating the combination of an adjacent <br />property occupied by an affiliated landscape supply business in any redevelopment plan. <br />21. As a condition of the interim use permit, Owner agrees to list the Property as "for <br />sale" no later than October 1, 2014. Owner is not required to install signage upon the property <br />advertising its availability, but must maintain a listing of the property as available for purchase <br />and redevelopment consistent with City Code, and solicit and respond to inquiries about the <br />property from potential purchasers. Owner shall provide City with a copy of the listing contract, <br />and provide information to the City Administrator regarding inquiries and offers made at least <br />every six months following the execution of a listing contract. The City shall maintain any such <br />information provided under this paragraph as confidential trade secret data under § 13.37 of the <br />Minnesota Government Data Practices Act. <br />22. The requirement to list the Property for sale shall not prevent Owner from <br />committing to re -develop the site itself or with a business partner, or to prevent a business entity <br />affiliated with Owner from buying the Property for re -development. If Owner, or an affiliate, <br />
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