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HomeMy WebLinkAbout2001-007 Council ResolutionCouncil member O'Donnell introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 2001 -07 RESOLUTION AUTHORIZING AN ECONOMIC DEVELOPMENT FEASIBILITY STUDY FOR TOWN CENTER WHEREAS, the City of Lino Lakes has prepared a concept plan for the development of that part of the City known as the Town Center, and, WHEREAS, the City Council has taken certain actions toward the future development of the Town Center area, which include the acquisition of property, discussions with developers, discussions with the YMCA, and an application for a Livable Communities Grant from the Metropolitan Council, and, WHEREAS, the City Council at this time desires to explore the financial impacts and alternatives relative to the future development of the Town Center, and, WHEREAS, staff has prepared an outline of the scope for an Economic Development Feasibility Study to explore such impacts and alternatives, has obtained quotes from consultants for the preparation of such a study, and has recommended Springsted, Inc. as the consultant for the study. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES that the preparation of an Economic Development Feasibility Study for the Town Center is hereby authorized, and that Springsted, Inc. shall be the consultant retained to prepare said study at a cost not to exceed $12,500 in accordance with their letter of proposal. The study is to be completed by April 1, 2001. The cost of the study is to be financed through the Livable Communities Planning Grant; however, should it not be possible to finance the study in this manner, the study shall then be financed through the 2001 Economic Development departmental budget. Adopted by the City Council of Lino Lakes, Minnesota, this 22nd day of January, 2001. egr4 zirdeP4 John Bergeson, Mayor &jtj C ((2 Ry el Gaus ad, MC City Clerk The motion for the adoption of the foregoing resolution was duly seconded by Reinert and upon vote being taken thereon, the following voted in favor thereof: All The following voted against same: None Where upon said resolution was declared duly passed and adopted: • • • AGENDA ITEM 3A STAFF ORIGINATOR Al Rolek MEETING DATE January 22, 2001 TOPIC Authorizing an Economic Development Feasibility Study for Town Center BACKGROUND The City Council has undertaken several steps toward the development of the Town Center area. Among these is the preparation of a concept plan, the acquisition of property, discussions with developers, including the YMCA, and the application for a livable communities grant. As you know, the Metropolitan Council has awarded a grant to the City that is considerably Tess than the City had requested. This, among other factors, has raised the need to review the financial impacts and explore alternatives for the development of the Town Center area. This review would take the form of an Economic Development Feasibility Study. Staff has prepared an outline for the scope the study and has obtained quotes from Springsted, Inc. and Ehlers and Associates. The quotes range from $7,500 to $12,500 for both consultants. If undertaken, the study will be completed by April 1, 2001. The study is intended to be financed through the remainder of the livable communities planning grant. If for some reason the Metropolitan Council will not authorize the expenditure of grant proceeds for this purpose, the study would be funded from the 2001 Economic Development departmental budget. Because of their experience in the Town Center area through previous studies and their familiarity of the background of this area, staff recommends the study be prepared by Springsted, Inc. Staff has prepared Resolution 2001 -07 which authorizes the preparation of the study and appoints Springsted as the consultant for the study. OPTIONS 1. Adopt Resolution 2001 -07. 2. Return to staff for further review. RECOMMENDATION Option 1.