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MINUTES <br />CITY COUNCIL <br />NOVEMBER 28, 2007 <br />pointed out the economics of the issue. Wagner stated that they are asking <br />for an opportunity to carry through on their proposal. <br />McGraw asked the cost of roof replacement. Wagner estimated that cost <br />at $300,000. McGraw asked how much of the parking lot would be <br />replaced. Wagner described the area that would need replacement which <br />amounts to approximately 2/3rds of the lot. He again noted that 6 feet of <br />green area would be added to the north and east sides of the building. The <br />front of the property would be cleaned up and landscaping installed to <br />match that at the Union building. <br />McGraw pointed out Wagner's statement that once 11,000 square feet of <br />the building is leased or sold, that would trigger the exterior <br />improvements. McGraw pointed out that without an agreement in place, <br />as well as security, he and Graba could walk away from the project. <br />McGraw asked how Wagner could expect the City to not require a written <br />agreement and security. McGraw stated that he would have to have an <br />agreement in place before he could approve the Development Stage PUD <br />Permit. <br />Wagner stated that the Planning Commission was satisfied with the <br />documentation that was submitted and felt it was adequate. <br />Keis stated that the Council is looking for an agreement that says once <br />11,000 square feet of the building is sold or leased, the exterior <br />improvements would proceed. Keis stated that secondly, he would also <br />like a time frame that would trigger exterior improvements should the <br />11,000 square foot threshold not be reached. Keis felt that the applicants <br />should work with the City Administrator and the City Planner to get this <br />agreement worked out prior to the next City Council meeting. He also felt <br />that the agreement should include financial security to ensure that the <br />exterior improvements happen. <br />Wagner stated that he and Graba would have to meet with Carl Johnson to <br />discuss this, and was not sure that they would be able to close on the <br />property without the Council's approval this evening. <br />Blesener asked about signage. Wagner reported that the pylon at the front <br />of the property would be utilized by Midwest Gymnastics. The Planner <br />pointed out that the sign is non-conforming and would have to be modified <br />to meet Zoning Standards. Wagner pointed out that they agreed at the <br />Planning Commission meeting to bring the sign into conformance. He <br />also noted that tenant signage would include a monument sign as well as <br />signage on the building over entrances. <br />13 <br />