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Housing and Redevelopment Authority Meeting Minutes <br />•September 14, 2004 <br />Page 4 <br />1 B. Kenzie Terrace Redevelopment Update, Stacie Kvilvang, Elhers and Associates. <br />2 presenting. <br />3 Stacie Kvilvang of Ehlers and Associates presented the Council with a Kenzie Terrace Site, <br />4 Northwest Quadrant Redevelopment Update in highlighting the following: <br />5 1. Wal-Mart <br />6 a. 142,000 sq/ft facility <br />7 b. To open by March <br />8 <br />9 2. Other Commercial <br />10 a. 115,900 sq/ft <br />11 b. Tenants signed (some to open by Thanksgiving) <br />12 1) Applebee's <br />13 2) Papa Murphy's <br />14 3) Cold Stone Creamery <br />15 4) Wendy's <br />16 5) Old Taco Bell Site <br />17 <br />18 3. City Liquor Store #2 <br />19 a. 9,100 sq/ft <br />b. Closing this week <br />c. Opening by end of September <br />22 d. Open house on October 14th from 4 to 8 p.m. <br />23 1) Liquor Off -Sale Restriction <br />24 a) Restrictive covenant that will not allow any other liquor <br />25 store in the development <br />26 2) Liquor On -Sale Restriction <br />27 b) Restrictive covenant that prohibits the on -sale of liquor <br />28 unless the City is operating a full service restaurant in <br />29 which food is not less than 50% of all revenues <br />30 3) Right to Purchase <br />31 c) Developer has right of first refusal to buy the liquor <br />32 operation if City decides to no longer run the facility <br />33 <br />34 4. Tires Plus relocation <br />35 a. Moved into new facility across the street <br />36 b. Tires Plus condemnation/lease lawsuit <br />37 1) City awarded quick take condemnation <br />38 2) Lawsuit regarding lease termination pending <br />39 a) Made deposit with the court <br />40 b) Commissioners completed site visit <br />16 c. Demolition of the property after SAV 11 inventory moved out <br />43 5. Rental Housing Development - Dominium <br />44 a. 261 Rental Units <br />