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250 <br />COUNCIL WORK SESSION JUNE 24, 1991 <br />(10:00 P.M.) <br />A work session of the Lino Lakes City Council was called to order <br />by Mayor Bisel, Monday, June 24, 1991 at 10:00 P.M. Council <br />Members present: Neal, Reinert, Bohjanen. Council Member <br />Kuether was absent. City Engineer's, Darrell Schneider and Dan <br />Boxrud; City Planner, John Miller; Administrator, Randy <br />Schumacher and Clerk- Treasurer Marilyn Anderson, were also <br />present. <br />The purpose of the work session was to discuss two (2) <br />redevelopment proposals for Ross' Corner. <br />Mr. Miller posted the redevelopment plan prepared more than a <br />year ago by Jerry Anderson Architects. This plan was approved by <br />the DRB, the City Council and EDC. Tax increment financing was <br />approved at about $200,000.00. Anoka County Highway Department <br />has pledged approximately $67,000.00 to purchase right -of -way. <br />For several reasons this plan has not been implemented. However, <br />at no time did the developer let the City know that he was "out <br />of the picture ". <br />Mr. Dick Enstad, a representative of SCS in St. Cloud has entered <br />into a purchase agreement with Mr. Ross and is proposing to <br />develop either a Holiday or Super America gas and convenience <br />store at the Ross location. The building would be approximately <br />1,600 square feet. Mr. Ross will continue to operate his off - <br />sale liquor store at that site. The purchase agreement is <br />contingent upon the buyer obtaining TIF financing and soil <br />corrections because of a buried gas tank. It was noted that <br />cleaning up a hazardous waste site could be costly. Mr. <br />Schneider said that there is some funding available for this <br />process. <br />The second proposal for Ross' Corner consists of developing the <br />old Jerry Anderson plan. There are a group of people interest in <br />obtaining TIF money and they are proposing to develop what was <br />proposed before. One concern is that Mr. Ross wants $200,000.00 <br />for his property. These developers feel that is an artificially <br />high price. The assessors estimated market value is $100,000.00. <br />The developers would like the TIF money "up front" not on a "pay <br />as you go" basis. The TIF attorney for the City recommends the <br />"pay as you go" method. The developer feels that it would be <br />proper for the City to purchase the property with TIF through <br />EDA. <br />Tax benefits were discussed. Mr. Miller explained that with the <br />first proposal, a 1,600 square foot building would be <br />constructed. This development would generate approximate <br />$13,000.00 of taxes each year. The second proposal would <br />PAGE 1 <br />1 <br />1 <br />1 <br />