07-14-1998 CC - Laserfiche WebLink

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on the Midland Videen property or by soliciting for proposals on the corner lot. The final reason it that although the theater is under construction, there has not been a finalized commitment to the realignment and the cost sharing. This development agreement does that,but like incurring expenses with our engineer to further design that realignment,no action seemed prudent until the commitment is made on the cost sharing with the theater developer. Frankly, I think the city's position is strengthened in terms of deciding the value of that corner and keeping the Midland Videen property value affordable either for the city or by way of a joint development situation with a developer on the corner by our finding of another way(less costly as well)to mitigate the community center site, and to commitment the theater to street improvement expenses. The city can still decide what use if any it may want for the corner as well. Item 7E - Resolution for Streets Policies Committee: I took the Council's discussion of last Tuesday and drafted Resolution 5267 placing some structure to the concept agreed upon. Practical considerations of how to staff, how to report and a time frame for the work were placed in the resolution,all of which are open for discussion if the Council wishes. The purpose of the time frame may be reviewed. I was attempting to have the committee's work completed for adequate Council digestion prior to committing to the 1999 construction season, something the city should be into by February. It also seemed that some time will be needed simply to set up the committee which will put its formation into October with Council appointments. A final consideration but one not pertinent to my writing is the timing of the report to the Council. Understanding the likelihood of at least two Council changes come January 1,it would seem that the next Council would be the more appropriate one to review and two,to commit to the policies. EDA Item - Mermaid Project: Kevin Carroll's memo outlines efforts to select a consultant to conduct an environmental assessment of the RentAll property and a resolution authorizing action is attached. In other news, Community Ed is now in and going in the community center. Work to finish the city's portion of the building is continuing with no serious problems to report. Staff and I did sit down this week to go through the general fund budget line by line and as written above, I am anticipating reviewing the budget again with the Council the budget in earnest at the October 5 work session. Finally, community center interviews are continuing September 21 and 22. For those of you who can,check our web page. We have been making efforts to keep it informative and accurate. See you Monday.