Agenda Packets - 1994/10/03 - Laserfiche WebLink

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Conclusions: • In discussions with both Mike Ulrich and Mary Saarion, they do not feel it is critical to have this particular property for storage. There is clearly a need to find additional storage space but this site is not very accessible and convenient for both the City and Wolf& Associates. • Based on proactive economic development and community development policies, by selling the land, the City would be assisting in the growth and desire of a local business plus help to relieve an ongoing noise disturbance that exists with the manufactured home park. If the City sold the entire parcel, even though it does not generate the most revenue, the City could make a condition of the sale based on Wolf constructing a sound wall between their facility and the manufactured home park. Wolf's success has generated much more production and the complaints have been increasing. This puts a burden on the City's Police Department and causes tension between citizens and a reputable business. (It should be noted that the complaints typically come from one resident in the manufactured home park.) The sound wall could be a considerable investment by Wolf that would make up for the loss of additional revenue generated by a lease. I will have an estimation of the cost for a sound wall at the work session. • The City has placed a high emphasis on retaining and growing quality businesses that are already located in the City. By taking advantage of an opportunity to be proactive in assisting a successful business that, on average, pays a good "living wage" to its employees, the City will be meeting and exceeding that goal. Also, the City can be presented as being "business friendly" in public relations opportunities with a recent concrete example of how they assisted a business grow while taking into consideration the needs of its residents. • If the City decides to enter into any lease arrangement, Wolf&Associates would not find it equitable to build the sound wall. Wolf believes that the expansion configuration aleviates the current noise disturbance. However as a good neighbor, Wolf has expressed a desire to enter into a partnership agreement with the City to buffer the residents from the industrial park. • Also under a lease arrangement, the City would take on additional liability for the property. Wolf&Associates would most likely store equipment and metal fabrication materials on the land. There are two consequences that would increase our liability -- an unrelated party could get injured tinkering in the storage area or valuables could be damaged or stolen. • Based on pure economics, leasing the entire parcel generates the most revenue for the City. This reasoning alone does not fall in line with the City's primary economic development goals. Also, this is Wolf&Associate's last option since it would hinder the future marketability of their entire facility. A short term lease on the entire parcel is not an option for Wolf so this would generate no additional revenue for the city and could have negative ramifications for the entire community.