1997-004 Council Ordinances - Laserfiche WebLink

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COUNCIL MINUTES MARCH 10, 1997 Council Member Bergeson explained the rates that were established on January 13, 1997 did provide rate relief to seniors as well as others in the community. Council Member Lyden moved to adopt Resolution No. 97 - 28. Council Member Bergeson seconded the motion. Motion carried with Council Member Neal abstaining from the vote. Resolution No. 97- 28 can be found at the end of these minutes. COMMUNITY DEVELOPMENT REPORT, BRIAN WESSEL SECOND READING, Ordinance No. 04 - 97, Offering Sale of Properties in the Apollo Business Park - Mr. Wessel explained the second reading is required for the sale of two properties in the city -owned portion of the Apollo Business Park to Fogerty Investments who plans to purchase one 5.5 -acre property and one 1.63 -acre property for a total of 7.13 acres. Mr. Wessel explained that Mr. Fogerty plans to phase the construction of 82,000 square feet of leasable office/manufacturing space on the two parcels. The price of the land is $39,000 per acre for a total of $278,070. Mr. Wessel explained this sale completes the sale of City -owned land in the Apollo Business Park. On March 12, 1997, the Planning and Zoning Board will consider the development of this property and will forward to the City Council for their consideration on March 24, 1997. Staff recommends the Council approve the SECOND READING of Ordinance No. 04 - 97 offering the sale by the City of Lino Lakes of two parcels of land in Apollo Business Park. Council Member Bergeson commented on the need to complete unfinished issues at the first Fogerty site. Mr. Wessel concurred and explained that project was completed too late in the season to finish site improvements, however, an escrow was retained to assure those items will be completed. Mr. Wessel stated he will reinforce this concern with Mr. Fogerty. Council Member Lyden extended his appreciation to Mr. Wessel for his excellent help in completing this business park. The full Council concurred. Council Member Bergeson moved to adopt Ordinance No. 04 - 97. Council Member Lyden seconded the motion. Motion carried unanimously. Ordinance No. 04 - 97 can be found at the end of these minutes. OLD BUSINESS There was no old business. NEW BUSINESS REMINDER, Comprehensive Plan Forum, Thursday, March 13, 1997, 6:00 P.M. REMINDER, Economic Development Authority Meeting, Monday, March 24, 1997, 6:00 P.M. • PAGE 7