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23 <br /> EHLERQ <br /> & A S S O C I A T E S I N C <br /> • O To: Mike Morrison, City Manager <br /> G From: Jim Prosser <br /> W Subject: Southwest Redevelopment <br /> G Date: May 29,'2001 <br /> The City of St. Anthony Village has requested that Ehlers assist with the redevelopment of <br /> Southwest/Stone House area. The City has identified this area for redevelopment. <br /> A threshold issue is the identification of redevelopment objectives for this area. From <br /> discussions with the City Council it would appear that the objective may be to accomplish the <br /> following: <br /> 1. improve the"gateway" appearance of this area. <br /> 2. Determine the viability of the Stone House on-sale liquor operations. <br /> In order to accomplish this it will be necessary to identify the financial feasibility for <br /> redevelopment of the Southwest/Stone House area. This will require evaluating the cost to <br /> relocate the Fire Station, the off-sale liquor operation and developing rate of return analysis for a <br /> city owned and privately owned on-sale liquor operation. <br /> The following is a suggested schedule of activities related to implementing the Southwest/Stone <br /> House Redevelopment project: <br /> • <br /> Activity Start Date Completion <br /> Define study area/objectives including Liquor 6/12 7/1 <br /> Store relocation and Fire Station issues <br /> Develop materials for developer review 7/1 7/15 <br /> Meet w/developer and planner 7/15 8/1 <br /> Prepare redevelopment options 8/1 9/1 <br /> Prepare financial feasability analysis 8/1 9/1 <br /> Identify funding options , 8/1 9/1 <br /> Review development options/goals with 9/11 9/25 <br /> Council including options for on-sale and off- <br /> sale stores. Develop options for Fire Station <br /> relocation. <br /> Prepare RFP materials 9/26 10/8 <br /> Mail RFP 10/8 <br /> ® RFP Deadline 10/29 <br /> LEADERS IN PUBLIC FINANCE <br /> 3060 Centre Pointe Drive 651.697.8503 fax 651.697.8555 <br /> Roseville, MN 55113-1105 jim @ehlers-inc.com <br />