Minutes - 2004/06/14 - Laserfiche WebLink

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Mounds View City Council June 14, 2004 Regular Meeting Page 13 • Economic Development Coordinator Backman stated that staff recommends that the Mounds View City Council adopt Resolution 6282 that authorizes staff to enter into a purchase agreement for $820,000 with Calhoun Companies to acquire the commercial property known as Gas for Less located at 2525 County Highway 10. Staff further recommends that the City of Mounds View approve a Phase I Environmental Assessment, tank removal cost estimate and a minimum of four site borings be undertaken of the site for an amount not to exceed $7,500, and that the results are submitted to the City prior to June 30, 2004. Council Member Stigney asked whether the seller would pay the $7,500 for the borings and tank estimate to reduce the cost. Economic Development Coordinator Backman stated he didn't think they would agree to that. Council Member Stigney asked if the purchase would originally come from the Special Projects Fund. Economic Development Coordinator Backman stated that it would. Council Member Stigney asked if it would later be transferred and paid out of the TIF fund, and Economic Development Coordinator Backman stated that it would. He stated there are no problems in so doing. Council Member Stigney asked what is being proposed to come in there. Economic Development Coordinator Backman stated the interest has been very good amongst the development community, and he has had conversations with four parties so far. One of the • choices was for a restaurant. There was a discussion regarding recovering the City's costs that were invested in the project. Sam Schrouki, stated he is relocating to Minnesota and has the other purchase agreement for this property. He stated he wishes to improve the business as a gas station, and that he has a closing date for the following day. He stated he has his tax sales number, his permits, and licensing, and that all the preparations have been made to open the business. MOTION/SECOND. Marty/Quick. To waive the reading and approve Resolution 6282. There was further discussion regarding the matter wherein Mayor Linke and Council Member Stigney stated they would not support the City buying the property. Rick Wyatt stated his support for Mr. Sheroky buying the existing business, rather than the City buying it and demolishing it. Ayes -2(Marty/Quick) Nays-3 (Gunn/Linke/Stigney) Motion failed. K. Resolution 6235 Approving a Gasoline and Tobacco License for Gas for Less located at 2525 Highway 10 MOTION/SECOND. Marty/Stigney. To approve Resolution 6235.