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1 CITY OF ST. ANTHONY 2 WORKSESSION MINUTES 3 November 4, 1998 4 7:00 p.m. - 5 6 7 I. CALL TO ORDER. 8 Meeting called to order at 7:01 p.m. 9 10 H. ROLL CALL. 11 Councilmembers Present: Ranallo, Marks, Faust, Cavanaugh, and Thuesen. 12 Councilmembers Absent: None. 13 Also Present: Michael Morrison, City Manager; Kim Moore-Sykes, Management Assistant; 14 Jay Hartman, Public Works Director; and Dick Johnson, Fire Chief. 15 16 III. OPUS UPDATE PRESENTATION ON APACHE PLAZA. 17 Jay Scott, Russ McGinty and Paul Delatto were present to report on the Apache Plaza. Mr. 18 Scott gave a historical prospective of the project to the present. He reported that Herberger's 19 has secured the old Montgomery Ward's space in Rosedale, which he felt would open 20 redevelopment opportunities that have been limited heretofore. Mr. Scott reported that Regal 21 Theaters is interested in constructing a large-theater complex and WalMart recently contacted 22 him about their renewed interest in the Apache Plaza site. He indicated that he has gotten 23 nothing firm from WalMart. He also reported that Herberger's has not indicated to him that 24 they are leaving Apache Plaza but that this situation does not prevent Regal Theaters from 5 starting their project. 6 27 Paul Delatto, representative for Regal Theaters, indicated that they are interested in moving 28 quickly with the construction of the theater complex. He reported that they could conceivably 29 have the theaters open by the 1999 holiday season. Mr. Scott reported that these large theater 30 complexes tend to encourage peripheral development, usually restaurants. Both responded 31 that they don't anticipate traffic being an issue as that the most popular times to go to a movie 32 is after 7:00 p.m., which is long after the workday rush-hour is over and on weekends. Mr. 33 Delatto also reported that show times are staggered so that ticket lines are controlled; parking 34 will be sufficient because again most stores are closed; and they sell 80% of the seating for any 35 movie, which limits their parking requirements. 36 37 Councilmember Cavanaugh asked if copies of the partnership agreement'between OPUS and 38 Regal Theaters are available. Mr. Delatto indicated that they have not yet formalized their 39 partnership with signed agreements but that if the City was favorable to their proposal, 40 negotiations could begin. Councilmember Cavanaugh requested that the Council be provided 41 with evidence of paperwork within six months or the City would need to put-the�property back 42 into circulation. He suggested that the City consider putting a moratorium on Apache Plaza. 43 44 Mr. Scott indicated that moratoriums do not really help to get redevelopment going on a 45 property. He also indicated that because Apache Plaza is not located'close enough to freeway 6 interchanges, it is difficult to attract any interest. Most retailers are looking for easy access 7 and high visibility.