08-24-1998 - Laserfiche WebLink

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Page 8 August 24, 1998 Mounds View City Council on the City Hall facility. All the projects were preapproved and the vote on the issue would approve the dollar amount. Stigney asked what funding mechanism would be use on the project. McCarty stated staff has recommended that the funds come from the City's reserve account. Attorney Long recommended that the motion be conditioned upon review by the City Attorney for essentially four things: 1. Proper Insurance 2. Bonding 3. Outstanding legal claims or liabilities 4. Prevailing wage issue MOTION/SECOND: Quick/Koopmeiners to approve awarding of the City Hall Renovation Bid • to Ebert Construction with the stipulations as stated. VOTE: Ayes - 4 Nays - 1(Stigney) Motion carried D. Status Report and Approval of Resolution No. 5260, Authorizing City Staff and Consultants to Proceed with Development Agreement and Other Actions Concerning the Mermaid Hotel and Banquet Center. Jopke gave his report as follows: Staff has developed a draft development agreement that has been put together by Briggs and Morgan. This basic "boiler plate agreement" is a list of items that should be included in the development agreement for the project. A preliminary work schedule of things that would need to be accomplished in order to keep the project on schedule was included for the Council's consideration. Land appraisals have been made and a projected relocation budget has been established for the moving of the Rent All business that is located on the corner of County Road H and Highway 10. Permission is being sought from the Council for staff to proceed with the negotiations to purchase the rental facility property. The Resolution was summarized as follows: 1. Get permission to negotiate a final development agreement with the developer 2. Get permission to negotiate an option and purchase agreement for the rental facility property