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CC PACKET 03081988
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CC PACKET 03081988
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Last modified
12/30/2015 4:28:09 PM
Creation date
12/30/2015 4:27:56 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 03081988
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C 2 TY O F S T . ANTHONY <br /> HOU S 2 NG AND REDEVELOPMENT <br /> AUTHOR=TY M 2 NUT E S <br /> FEBRUARY 2 4 , 1 9 8 8 <br /> 1 The meeting was called to order at 10 : 15 P.M. by Chair Sundland. <br /> 2 Present for roll call: Sundland, Vice Chair Enrooth, Secretary/ <br /> 3 Treasurer Marks, and Commissioners Makowske <br /> 4 and Ranallo. <br /> 5 Also present: David Childs, Executive Director <br /> 6 William Soth, H.R.A. Attorney <br /> 7 FEBRUARY 9, 1988 H.R.A. MINUTES <br /> 8 Motion by Marks, seconded by Ranallo to approve as presented. <br /> 9 Motion carried unanimously. <br /> 10 CLAIMS <br /> 1 Motion by Marks, seconded by Makowske to :approve payment of $2 ,294. 29 <br /> 2 to the Dorsey & Whitney law firm for legal services to the H.R.A. <br /> 13 during October, 1987 . <br /> 14 Motion carried unanimously. <br /> 15 STAFF UPDATE ON KENZIE REDEVELOPMENT PROJECT - CHILDS AND SOTH <br /> 16 After Staff ' s meeting with the H.R.A. February 9th, staff met with . <br /> 17 both Gaughan and Lang/Nelson and indicated the City wanted $20 ,000 now <br /> 18 and $20 ,000 in 30 days for an additional 15 days which would not be <br /> 19 applied to the purchase price for the land. There was no interest on <br /> 20 the part of either developer to that proposal. <br /> 21 Conversation that day with Gaughan indicated their willingness to put <br /> 22 up $20 , 000 for 45 days with the amount to apply to the purchase price. <br /> 23 Staff is waiting for_ a final response. from Lang/Nelson, Monday because <br /> 24 their representative reported his boss' first reaction had been that <br /> 25 the City was in effect, "raisinq the purchase price by $40 ,000. " <br /> 26 Staff ' s response had been to tell Lang/Nelson that the intent had not <br /> 27 been to raise the price of the land but that the H.R.A. was only <br /> 28 looking for security to assure project development and if that <br /> 29 happened, there was no reason the money couldn' t be applied to the <br /> 30 purchase price. Mr. Childs added that because Lang/Nelson doesn' t <br /> 31 have an exclusive on the project, they are unable to proceed at this <br /> 02 point anyway. <br />
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