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HomeMy WebLinkAboutAgenda Packets - 2020/01/06 (2) CITY OF MOUNDS VIEW CITY COUNCIL WORK SESSION AGENDA MOUNDS VIEW CITY HALL Monday, January 6, 2020 6:30 p.m. ROLL CALL: Mueller, Gunn, Hull, Meehlhause, Bergeron 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. Charter Commission Chair Russ Warren 2. Skyline Redevelopment Proposals - Beeman NEXT COUNCIL WORK SESSION: Monday, February 3, 2020 at 6:30 pm NEXT COUNCIL MEETING: Monday, January 13, 2020 at 6:30 pm Error! Unknown document property name. Item No: 02 Meeting Date: January 6, 2020 Type of Business: Council Business Administrator Review: _______ City of Mounds View Staff Report To: Honorable Mayor and City Council From: Brian Beeman, Assistant City Administrator Item Title/Subject: Augusta & MWF Skyline Redevelopment Proposal Introduction: At its November 25, 2019 EDA meeting the EDA heard development proposals from MWF Properties, Augusta Development, Ebert Construction, and Adams French Properties. All of the developers were given instructions to provide a combined site plan and proposal for the January 6 Council worksession. Since that time, both of the temperature controlled storage developers have dropped out leaving Augusta (Senior Housing) and MWF (Affordable Housing) as the only two remaining developers. Discussion: Augusta Development, llc and MWF Properties have submitted a joint site plan for the Council’s review. (Attached) The developers are offering the EDA’s full asking price of $1.8 mill for the three EDA owned parcels. MWF is proposing to pay $1,123,592 for its portion and be reimbursed utilizing a 15 year TIF and Augusta is proposing to pay $676,408 for its portion with no subsidies. Both developers will be available to answer any questions. Recommendation: Review the joint development proposal and provide staff direction on how to proceed. If the Council chooses to proceed with both developments then staff will need authorization to cooperate with the City Attorney and both developers in negotiating and preparing the necessary documents including but not limited to a Preliminary or Pre Development Agreement and/or a Purchase and Development Agreement etc. A resolution can be prepared for a future meeting. Respectfully submitted, ________________________ Brian Beeman Assistant City Administrator Attachment(s): 1. Joint Site Plan & Proposal Details