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Mounds View City Council May 24, 2004 <br />Regular Meeting Page 17 <br /> <br /> 1 <br />Mayor Linke indicated he would support this with the idea that he reserves the right to make his 2 <br />decision after obtaining further information. 3 <br /> 4 <br />Council Member Quick indicated he would like Staff to look at options for moving the road 5 <br />around and a buildable site for a commercial site. 6 <br /> 7 <br />Council Member Marty indicated he would like to move forward with negotiations but he 8 <br />reserves the right to make his decision based on further information obtained. He further 9 <br />indicated he would like to explore the option of correcting the intersection as outlined in the 10 <br />redevelopment plan for County Highway 10. 11 <br /> 12 <br />Council Member Stigney said he thinks this is starting along the path of no return and it may turn 13 <br />out to be a disadvantage to the residents of the City. He then said that he would like to see what 14 <br />the market bears with this property. 15 <br /> 16 <br />Council Member Gunn asked if there was indication of anyone who would be interested in the 17 <br />site. 18 <br /> 19 <br />Economic Development Coordinator Backman indicated he does stay in regular contact with 20 <br />developers who remain interested in doing projects in the community and he likes to provide 21 <br />options for developable sites. He then said that as soon as he has approval for negotiating on the 22 <br />site he would immediately begin discussions with developers concerning the site. 23 <br /> 24 <br />Council Member Marty indicated that this is not on the path of no return because he has stated 25 <br />that he intends to look into the matter and make his decision after reviewing all of the 26 <br />information from Staff. 27 <br /> 28 <br />Council Member Quick asked how the City did on the Perkins deal. 29 <br /> 30 <br />Economic Development Coordinator Backman indicated the City quintupled the value. 31 <br /> 32 <br />Council Member Gunn expressed concern with developing the site and then having the road 33 <br />reconstructed and realigned through the site. 34 <br /> 35 <br />Economic Development Coordinator Backman clarified that the quintuple refers to the building 36 <br />value. 37 <br /> 38 <br />Council Member Stigney expressed concern that the Resolution states that Staff is authorized to 39 <br />enter into a purchase agreement. 40 <br /> 41 <br />City Administrator Ulrich suggested the Resolution be amended to state that the agreement shall 42 <br />be subject to City Council approval. 43 <br /> 44 <br />The Motioner and Seconder agreed to the revision. 45