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Item No. 3 <br /> Staff Report No. <br /> Meeting Date: Oct. 4, 1999 <br /> Type of Business: W.K. <br /> WK: Work Session;PH:Public Hearing; <br /> CA:Consent Agenda;CB:Council Business <br /> City of Mounds View Staff Report <br /> To: Honorable Mayor and City Council <br /> From: Rick Jopke, Community Development Director <br /> Title/Subject: Discussion of the City Remnant Parcel and the Adjacent Midland <br /> Videen Property. <br /> Date of Report: September 9, 1999 <br /> BACKGROUND <br /> At various times in the past year the City Council has discussed the status of the remnant city <br /> owned parcel created by the relocation of Edgewood Dr. and the adjacent vacant Midland Videen <br /> property. I have attached copies of previous staff reports as background material for you. <br /> As you may recall the City received an offer of$350,000 from TOLD Development Company to <br /> purchase the city owned property so that they could construct a Walgreens store and possibly a <br /> restaurant. TOLD remains interested in the site. They would still be interested in developing their <br /> original plan but have also developed an alternative plan that would only require that the City <br /> vacate and provide the former Edgewood Dr. right-of-way to them. Representatives from TOLD <br /> will be present at the October 4th work session to discuss their concepts with the City Council. <br /> RECOMMENDATION: <br /> Staff recommends that the City Council review the alternatives presented by TOLD <br /> Development Company and provide direction to the developer and staff on how to proceed on <br /> this matter. <br /> Rick Jopke, nlinunity Development Director <br /> N:\DATA\GROUPS\COMDEV\CITYCOUN\CCRESORD\91399.rpt.doc <br />