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HomeMy WebLinkAboutAgenda Packets - 2004/07/06 CITY OF MOUNDS VIEW CITY COUNCIL WORK SESSION AGENDA Tuesday, July 6, 2004 7:00 p.m. ROLL CALL: Linke, Quick, Marty, Stigney, Gunn PUBLIC COMMENT Citizens may speak to issues not on tonight’s agenda. Before speaking, please give your full name and address for the minutes. Also, please limit your comments to three minutes. Agenda Items Discussed by Consensus _______ 1. Long Range Financial Plan. _______ 2. Identify Potential 2005 Budget Reductions _______ 3. Clear Channel Bill Board Proposal _______ 4. Single Hauler Recycling / SCORE Grant Compliance _______ 5. TH10 Noise Wall / Berm Project – Financial Impact _______ 6. Golf Course Study Update _______ 7. Update on Cost of Signage to Rename County Road 10 _______ 8. Ramsey County Response Update: Silver Lake Road / County Road H Signal Justification Study Request County Road H / Sunnyside Elementary School Pedestrian Safety Items _______ 9. Silver View Pond / Silver Lake Road Sidewalk / Mill & Overlay– Verbal Update Next Council Work Session: August 2, 2004 Next City Council Meeting: July 12, 2004 Item No: 02 Meeting Date: 07/07/04 Type of Business: WS City of Mounds View Staff Report To: Honorable Mayor and City Council From: Kurt Ulrich, City Administrator Item Title/Subject: Identify Potential 2005 Budget Reductions This item was requested by the Council to be on this agenda for discussion. Faced with a potential loss of $360,000 in state revenue, it is probable that budget reductions will need to occur (see five-year financial projection under Item 1). Local government aid “errors” may result in an additional $500,000 in LGA coming to the City; however, the advice I received from the Association of Metropolitan Municipalities is “Don’t spend the money”. Reflecting the fact that, even if the glitch results in a one-year gain, it’s unlikely to be a long-term addition to our revenue. It is requested that the Council discuss ideas for reductions that can be analyzed by staff for discussion at the budget work session on August 2nd. To generate some ideas and discussion, a list of Creative Financing Tools for Local Government, taken from Public Management Magazine and other sources, has been attached. Respectfully submitted, ________________________ Item No: 03 Meeting Date: 07/07/04 Type of Business: WS City of Mounds View Staff Report To: Honorable Mayor and City Council From: Kurt Ulrich, City Administrator Item Title/Subject: Clear Channel Billboard Proposal Representatives of Clear Channel will be at the meeting to make a presentation on the status of the golf course billboard project and to discuss financing and lease considerations. Item No. 4 Meeting Date: July 6, 2004 Type of Business: WK WK: Work Session; PH: Public Hearing; CA: Consent Agenda; CB: Council Business City Administrator Review _______ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Greg Lee, Director of Public Works Item Title/Subject: Single Hauler Recycling / SCORE Grant Compliance Introduction: In 2003, Ramsey County informed Staff that the City was not in compliance with the SCORE Grant because multi-family dwellings were not required to provide recycling services for their residents. At the June 14, 2004 Council Meeting, Staff was asked to update the Council regarding compliance with the SCORE Grant. Discussion: SCORE Grant Compliance regarding Multi-Family Dwellings and Recycling Availability Ramsey County had informed Staff that the City was not in compliance with the conditions of the SCORE Grant due to the fact that multi-family dwellings were not required to provide recycling services for their residents. In the November 3, 2003 staff report, Staff gave options as to how the City could get into compliance with the SCORE Grant, one of which was to change the licensing for multi-family dwelling units to include a requirement that recycling services must be provided to their residents. A notice was included with the 2003-04 license explaining the new requirement. As inspections of the multi-dwelling units are completed, the Housing Inspector will ensure that recycling receptacles are in place and that they are complying with their licenses. It should be noted that Ramsey County stated that the City’s new requirement for multi-dwelling licensing is a step toward compliance. Should the reported tonnages not significantly increase within the next 1-2 years, they may decide that further action will need to be taken by the City to become compliant in order to continue receiving the funding of the SCORE Grant. Dan Donkers, Ramsey County Environmental Department, stated “we will be watching Mounds View’s tonnages closely”. Respectfully submitted, _____________ __________ Tracy Juell, Administrative Assistant Item No: 6 Meeting Date: 7/6/04 Type of Business: WS Administrator Review: _____ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Mary Burg, Golf Course Manager Item Title/Subject: Golf Course Study Update Introduction: This report is to provide the City Council updated information regarding the research for solutions to the fiscal concerns at The Bridges of Mounds View Golf Course and Learning Center. Background: The City has recognized as a priority the need to explore solutions to the problem of the Golf Course financing. The ultimate goal is to bring resolution to the financial issues at the golf course. There are many options, however we need to identify the restrictions. Analysis: The City Council has requested staff to search for additional information regarding the opportunity for development on the golf course parcels. The issue is a concern regarding the public purpose language on the title. The City’s attorney has given the opinion that the finding the clarification on the encumbrances associated with the title could be identified by a title insurance company. The first step would be research of the title, an abstract search, examination and name search is also required. Staff explored costs associated with title research. The preliminary cost estimates reflects a separate cost per parcel, and are as follows: 1. Title Commitment $600 2. Examination Fee: $200 3. Abstract Fee: $200 4. Name Search $ 25 The Title Insurance Policy is valued at $0.75/1000 value, or approximately $7,000. Title insurance policy would be needed if the property was to be developed. The fees paid for the primary exam, abstract, and name search would be credited toward a title insurance policy if purchased at a later date. This does not entirely answer questions in regard to the restrictions, however the title company can help the City through the process. The title company will give direction how to have clear registration. Until we know what is required we cannot know to accomplish this task. The title company will work with the city attorney. Review of Golf Course Alternatives: 1.) Billboard revenue: At the time of this report Clear Channel is scheduled to update the City Council on the status of the billboard issue at the July 6 work session. Staff has not had the opportunity to review any additional Clear Channel information. 2.) Cell phone towers: Staff is in contact with a real estate broker who specializes in cellular towers. The process of evaluating the golf course location for the use of cell and data transmission towers is ongoing. As noted previously there is interest in the golf course location. Staff is in contact with the broker works to seek an interested lessee. 3.) Restructure Course financing (e.g., write-down or write-off internal debt plus refinancing): This relieves the Golf Course of debt and hastens its return to positive cash flow, but short-changes other City Funds that could be paid back over time. The restructuring of the debt hinges on any income from billboard rental and would not be prepared until the billboard issue has gone through fruition . Level 2 – Redevelop property and/or expand operations Staff has been in contact with the City’s attorney regarding the possibility of the development of any of the golf course. The City attorney recommended that steps could be taken to lift any land that is unencumbered by deed restrictions. A feasibility study would need to be conducted. 1.) Sell and/or develop unrestricted land assets: Staff is consulting professionals for option analysis. Preliminary information indicates that land value currently generates $1.50-2.50 a foot for commercial property. Land developers have expressed interest, however until the restrictions or covenants are clarified there has been no additional activity on this item. 2.) Develop wetland credits for western (Sysco) property or other Course areas: Wetland credits could be a residual benefit from any development of the area. This additional source of revenues is at a market rate of approximately $1.13 per square foot of area. There is a potential to develop credits in many of the scenarios for this space. Wetland credits would increase the feasibility of other prospects in this area of the golf course should any type of development take place. 3.) Move Holes #2, 3, 4, 5 to wetland area (Sysco) to the west and develop the of the golf course property: This could open up more land for private development on the east side of the property. The land on the east is desirable due to it’s proximity to the interstate. It would be suitable for “destination” retail. There is approximately 15+ acres that could serve as a development area. This would be a one time cash infusion that could be used to buy-down debt. By moving 2-5 golf holes play would enhance the golf course for play. The new holes would play longer as there is space to increase the length of each hole. The course could be changed from an executive (par 32) to a regulation (par 35) nine-hole course. This “longer” course would expand the marketability of the bridges. The additional yardage could potentially increase the rental cart revenue as a residual benefit. 4.) Negotiate with Sysco to develop portions of donated land: This could open up more land for private development. This would be a one time cash infusion that could be used to buy-down debt. A feasibility study would need to be conducted. Level 3 – Cease Operations 1.) Sell Golf Course (retain billboard revenue): The sale of the course would need to at least equal level of current debt ($4,045,000) in order to break even. In addition, deed restrictions on the land would need to be cleared via State legislative action and/or negotiation with SYSCO.A title search is the first action in this process. Level 4 – Sell Golf Operation The price of a golf operation is valued at approximately 2.5 times the revenue plus the food and beverage. The sale of the Golf Course to a private party for continued operation would be $1,250,000-1,500,000. Not a viable option due to the large amount of accumulated debt ($4,045,000 million) that would need to be paid. Recommendation: Staff requests direction of the council to pursue additional title information. Respectfully Submitted, Mary Burg, Golf Course Manager