Laserfiche WebLink
City Council Regular Meeting Minutes <br /> September 9, 2003 <br /> Page 2 <br /> IV. CONSENT AGENDA. <br /> A. Approve August 26, 2003, Council meeting minutes. <br /> 3 B. Consider licenses and permits. <br /> 4 C. Consider payment of claims. <br /> 5 D. Consider Ordinance 2003-011. re: Fireworks(3'd reading). <br /> 6 E. Consider Resolution 03-074,re: Reclassifying a parcel of land. <br /> 7 <br /> 8 Councilmember Faust requested the removal of Consent Agenda Item A. <br /> 9 <br /> 10 Councilmember Faust requested that on page 9, line 6, it should read "$150 million" instead of <br /> 11 "$250 million." <br /> 12 <br /> 13 Discussion followed regarding which number was correct. Staci Kvilvang, Ehlers and <br /> 14 Associates, Inc., confirmed the correct number was $150 million. <br /> 15 <br /> 16 Motion by Councilmember Sparks to approve the Consent Agenda items. <br /> 17 <br /> 18 Motion carried unanimously. <br /> 19 <br /> 20 V. PUBLIC HEARINGS. <br /> 21 None. <br /> 22 <br /> VI. GENERAL POLICY BUSINESS OF THE COUNCIL. <br /> A. Review and consider approval of TERM sheet for Northwest Quadrant. <br /> 25 Staci Kvilvang, Ehlers and Associates, Inc., introduced the other project team members <br /> 26 attending the meeting. She indicated the concluding portion of negotiations was near <br /> 27 completion, as the final points were in the process of being solved. She added the goal was to <br /> 28 have the TERM sheet ready to present to Council at the September 23, 2003, meeting. <br /> 29 <br /> 30 Ms. Kvilvang presented views of the development layout and discussed placement and types of <br /> 31 various housing and businesses. She noted the message to the team was clear that the City <br /> 32 desired the full development to be completed. <br /> 33 <br /> 34 Ms. Kvilvang provided copies of a September 9, 2003, memo to City Manager Mornson that <br /> 35 discussed the development proposal and terms of the Development Agreement for the Northwest <br /> 36 Quadrant Redevelopment. She discussed the phases of the development and noted Len Pratt, <br /> 37 Pratt-Ordway, indicated Phase I and part of Phase II was ongoing. She added Phase III was <br /> 38 currently being considered, even though it might never be developed. She noted the current <br /> 39 buildings involved might need facelifts; therefore, moving forward was not a certainty. <br /> 40 <br /> 41 Mayor Hodson asked if it was possible to require a facelift of existing buildings with other <br /> 42 owners. Ms. Kvilvang responded the owners could not be forced to make the changes; however, <br /> 43 the City could provide incentives so the existing buildings would be upgraded to consistency <br /> 44 with the rest of the area. <br /> 0 Ms. Kvilvang explained the valuation of the total development was $145 million to $150 <br /> 47 million. She noted the estimated cost to acquire all the land, relocate existing businesses, <br />