Laserfiche WebLink
UNAPPROVED <br /> Page 10 <br /> June 22, 1998 <br /> Mounds View City Council <br /> F. Consider Motion Retaining the Monetary Limits on Statutory Tort Limits <br /> Established by Minnesota Statutes 466.04 as Recommended by City Attorney Long <br /> (Presenter Bruce Kessel,Finance Director). <br /> Finance Director Kessel told the Council that the League of Minnesota State Insurance Trust <br /> came up with an option for cities so they could waive their statutory limit. Approximately 90-95 <br /> percent of all cities have not opted for the waiver. It would cost the City for additional <br /> premiums. <br /> Attorney Long stated his main concern is that if a great number of cities did start waiving their <br /> statutory limit it would set a precedent with the Legislature to raise the cap. <br /> MOTION/SECOND: Gunn/Stigney to retain the Monetary Limits on Statutory Tort Limits <br /> Established by Minnesota Statutes 466.04 as recommended by the City Attorney. <br /> VOTE: Ayes - 4 Nays - 0 Motion carried. <br /> G. Authorization to Enter Into an Option to Purchase the Midland Videen Property ad <br /> To Send Out a Request for Proposals. <br /> Director Jopke gave his presentation as follows: <br /> The Midland Videen property is located south of the Community Center property and east of <br /> Edgewood Drive. The property is approximately 9.4 acres in size. Of that 9.4 acres 1.5 acres is <br /> developable with the remainder being wetland. When Edgewood Drive is realigned, the City <br /> will have an additional 1.5 acre site which could be developed. Because the two sites would be <br /> contiguous, it would make sense to market them together to get the best development. Staff is <br /> recommending that the City maintain what gets developed on the site so that it is compatible <br /> with the City Center, City Hall, and the wetland. Staff is recommending that the City either <br /> acquire the Midland Videen property outright or acquire an option to purchase the site. <br /> The Community Center project is experiencing a problem in that it does not have enough area, <br /> because of an existing wetland, to build a parking lot. By purchasing the Midland Videen <br /> property and mitigating the Community Center parking lot wetland to that site the problem <br /> would be solved. <br /> The current asking price for the Midland Videen property is $250,000. A six-month option could <br /> be purchased for $20,000. <br /> An alternate course of action would be to not purchase or option the Midland Videen Property at <br /> this time. The City could ask for proposals which include both properties. The RFP could <br />