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Item No. <br /> Staff Report No. <br /> Meeting Date: 8/3/98 <br /> Type of Business: WK <br /> WK: Work Session;PH:Public Hearing; <br /> CA:Consent Agenda;CB:Council Business <br /> City of Mounds View Staff Report <br /> To: Mayor and City Council <br /> From: Rick Jopke, Community Development Director <br /> Item Title/Subject: Status Report on the Theater Project <br /> Date of Report: July 29, 1998 <br /> Summary: <br /> Anthony Properties Management, Inc. and Carmike Theaters have requested that the City issue a <br /> building permit for the proposed 15 screen theater on the O'Neil property is located at 2430 <br /> Highway 10. Staff has issued the permit contingent upon the execution of a development <br /> agreement no later than August 31, 1998. A development agreement has been drafted by the City <br /> Attorney's office and submitted to the developers sometime ago. There apparently have been <br /> some issues between Anthony Properties and Carmike Theaters which have to be resolved before <br /> the development agreement can be executed. The developers have indicated that they believe that <br /> these issues will be resolved shortly. They have also provided a letter to staff stating that they <br /> agree that the City can stop work on the building and site if the development agreement is not <br /> executed by all parties by August 31, 1998. <br /> The staff has also been working with SEH concerning the development of the new street through <br /> the site, a new signalized intersection and the realignment of Edgewood Drive. The next step is <br /> for the City Council to authorize the execution of a supplemental letter agreement for <br /> engineering services relating to final planning, design, and preparation of bidding documents. It <br /> is estimated that it will take approximately 3 to 4 months to complete the design,project <br /> approval and bidding process before actual construction can begin. This will mean that the <br /> project could not <br /> be constructed until next spring unless the developer was able to do the project instead of the <br /> City. The developer has previously verbally agreed to pay for the new street through the site and <br /> for a portion of the signal and turn lane costs associated with the project. This option is being <br /> discussed with the developer. <br /> Recommendation: <br /> Staff recommends that the City Council direct staff to take no action concerning the street project <br /> until the development agreement is executed by all parties. <br /> 3C) fre <br /> Rick Jopke, fmmunity Development Director <br /> N:\DATA\GROUPS\COMDEV\DEVCASES\471-97\517-98.CC2 <br />