10/04/1999 Park Board Packet - Laserfiche WebLink

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CITY COUNCIL WORK SESSION APRIL 21, 1999 DISCUSS OPTION AGREEMENT BETWEEN THE CITY AND BLAINE AMERICAN LEGION The City Attorney would like the Council to be informed of the following aspects of the agreement: 1. The amount of money paid in exchange for the option is non refundable but will be applied to the purchase price in the event of a sale. 2. Section 1.1 - Council must approve the sale of the property. Council can determine the sale price regardless of the appraisal. 3. The term of the option is six (6) months. Council directed staff to ask the City Attorney to revise the agreement tooeead "The price will be negotiated with the City Council ". The amount of the option payment was discussed. It was t. xs : t . Waite Smith would find out how much the City Attorney c 'es 3 •r a c � �� g the agreement before making this decision. It was noted that the builder of the n n "__. b_" ility appraised the new building at $350,000. This item will appear c 3- at the Council meeting Monday, April 26, 1999. N (COMP PLAN)UPDATE, JEFF SMYSER Mr. Wessel advised that a meeting with the Metropolitan Council was held last week. June 26th is the target date for the proposed resubmission of the Comp Plan including Metropolitan Council's comments to the City Council. A recommendation from the Metropolitan Council will be reviewed at the June 21, 1999, Council work session. A memo titled MUSA Needs For New Growth and Existing Homes was reviewed in detail. Council Member Lyden's additional concerns regarding the Comp Plan include a quality issue, regulatory mechanisms, and the percent used for the overage factor for MUSA. A tentative concensus regarding MUSA was reached: Mr. Smyser will recalculate the MUSA numbers using a flexibility /overage factor of 12.5%. A MUSA bank will be established for the Commercial and Industrial areas, another MUSA bank will be 2