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4 <br /> 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 /> 20 b. Closing this week <br /> 21 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 /> 41 c. Demolition of thepropertty after SAV H inventory moved out <br /> 42 <br /> 43 5. Rental Housing Development-Dominium <br /> 44 a. 261 Rental Units <br />