HRA MINUTES 06281988 - Laserfiche WebLink

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0 4 1 Evergreen Townhouse Redevelopment Project from January through March, 2 1988. 3 4 H.R.A. Okays Rennie Terrace Median IIoarad 5 Mr. Childs indicated he was seeking Council authorization to spend 6 between $5,000.00 and $10,000.00 to landscape the median area at the 7 intersection of Silver Lake Road, St. Anthony Boulevard, and Kenzie 8 Terrace, which is between Trillium Park and the City's liquor 9 operation with the help of the Village Gardenettes. He said he 10 thought some of the approximately $80,000.00 available in dollars 11 for the economic development district rather than City or Beautifica- 12 tion Funds money could be used for the project. The Executive 13 Director indicated decorative brick walkways would be provided for 14 pedestrians crossing the street in that area and flowers and other 15 landscaping would be planted in the areas where they don't walk. 16 There was agreement that the condition of the medians warranted these 17 expenditures and the H.R.A. agreed to look later at using some of 18 the redevelopment funds to replace overhead with underground utility • 19 lines on Coolidge south of Kenzie behind the shopping center. 20 H.R.A. Action 21 Motion by Ranallo, seconded by Marks to authorize staff to prepare a 22 median plan for the intersection of Silver Lake Road, St. Anthony 23 Boulevard, and Kenzie Terrace, as proposed by the Executive Director. 24 Motion carried unanimously. 25 Mr. Childs and Mr. Soth gave an overview of what was happening in 26 relation to finding a redeveloper for Phase III of the Kenzie 27 Terrace Redevelopment Project. They indicated: 28 *they had been meeting with numerous companies who seem to 29 have an interest in the project, including CSM and E. J. Plesko 30 Company out of Milwaukee, who were willing to give the City 31 $40,000.00 to look at the project, but want their money back if they 32 didn't redevelop it; 33 *staff had repeated what they had told all other developers 34 with the same proposal, that the City wanted more commitment than 35 that; 36 *a lot of time is being spent with Lang/Nelson trying to 37 negotiate the acquisition of the triangular parking area next to the • 38 Town and Country Store the redevelopers perceive they need to do the 39 project with larger unit size;