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Housing and Redevelopment Authority Meeting Minutes November 9, 1999 • Page 3 I Ranallo asked Momson to clarify for the viewing public the specific business of The Hitching 2 Post. Momson replied that The Hitching Post is a retail business and will sell recreational vehi- 3 cles. 4 Morrison also mentioned that the gazebo area of the Shopping Center would serve as a multi-pur- 5 pose area designed for bands, orchestras, the high school band, and many other functions. 6 Marks expressed disappointment that the cost of the ponds was so high. He also was concerned 7 about the noise from Highway 88 affecting functions in the gazebo area. Marks suggested 8 switching the village green area and the gazebo area on the plans. 9 Momson offered that all of those items would be discussed and the current plan is a rough 10 sketch. He further stated that the City would have input in the process. 1 I Momson drew the Commissioner's attention to item no. 13 on the Letter of Understanding. This 12 item specifically states that the City and Republic Investment Company would begin 13 negotiations on the sale of the liquor store/fire hall land provided acceptable alternative locations 14 for these uses can be found. is Thuesen questioned whether the City would lose control regarding approval of prospective 16 businesses due to the language incorporated into item no. 13. Momson said that the Developer 17 is interested in that property and it is his understanding that the Developer was considering a 18 family restaurant in that comer. Momson further clarified that the City would own the property 19 and would have control. 20 Faust stated he would be in favor of proceeding. Also, he asked if there would be a way to incor- 21 porate a minimum assessment agreement into this project. Faust requested that Momson investi- 22 gate the possibility of such an agreement in order to preserve the City's future. 23 Cavanaugh suggested that the City find a way to protect such an investment in case the property 24 is sold. He stated that the City is enhancing the value of the Shopping Center and in the unlikely 25 event the Center is sold, the City should have a way to recoup some of the investment. 26 Additionally, he stated that when he reviewed the Master Plan, it appeared that the parking was 27 inadequate under the current ordinance. Furthermore, he inquired if the merchants in the Center 28 had approved the Plan, specifically the trees and shrubs that are intended to the planted. 29 Ranallo invited Planning Commissioner Dick Horst, who is a merchant in the Shopping Center, 30 to approach the Commissioners. 0