11-28-07 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL NOVEMBER 28, 2007 The City Administrator suggested a PUD Development Agreement which requires financial security and states that once 11,000 feet of the building are leased, the exterior improvements will be done. The Administrator noted that without financial security the City would have little assurance that the exterior improvements will be made. Wagner indicated that there is an issue with the timeline for closing n this property. Drywall Supply will be renting the property back until September. Drywall Supply needs another building, and this will give Carl Johnson time to get a new building approved and constructed. Jess Graba needs to give notice to his current landlord by the end of January with a specific date and time for vacating his current premises. Without that notice, Graba is locked into a five year least at his current location. Wagner also indicated that the former Knox building has looked the way it does for some time, therefore, did not feel it should be a concern if it continued to look that way for a little longer. The City Administrator noted that with the redevelopment of the former Knox property approximately four years ago, nothing was done to this building. Additionally, there has been a lack of maintenance on the building. The Administrator stated that under the Development Stage PUD Permit under consideration this evening, the Cityrs asking for commitments relative to the upgrade of the exterior of the building as well as a demonstration of the applicant's ability to perform. The Administrator felt that without any guarantees, the City would just continue to spin its wheels. Without those guarantees, the City Administrator stated that he could not recommend approval of the Development Stage PUD Permit. Wagner noted that they are not Carl Johnson and should not be held accountable for something that he has not done. Wagner stated that they will do what they say they will do. The City Administrator pointed out that the City has a Development Agreement on this property, and the proposal is for an amendment to that Development Agreement. Under Graba's request, he would assume responsibility for the current Development Agreement and any amendments. Wagner again stated that the building has existed in its current condition for a long time. He stated that the City has not had anyone else express interest in the building, and noted that they are willing to make $1.5 million in improvements. Wagner stated that he did not want to be held responsible for someone else's lack of follow through. Wagner again 12