HomeMy WebLinkAboutCC RES 03-060 A RESOLUTION APPROVING CONTRACT FOR PRIVATE REDEVELOPMENT WITH AMCON CONSTRUCTION COMPANY LLC AND AUTHORIZING THE EXECUTION AND RECORDING THEREOF Meeting Sheet
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104549
Box: 31
Folder: RES 2003
Document: CC RES 03-060 A RESOLUTION APPROVING CONTRACT FOR
PRIVATE REDEVELOPMENT WITH AMCON CONSTRUCTION COMPANY
LLC AND AUTHORIZING THE EXECUTION AND RECORDING THEREOF
THE CITY OF ST. ANTHONY VILLAGE
RESOLUTION 03 - 060
• RESOLUTION APPROVING CONTRACT FOR PRIVATE
REDEVELOPMENT WITH AMCON CONSTRUCTION COMPANY LLC
AND AUTHORIZING THE EXECUTION AND RECORDING THEREOF
WHEREAS, the City of St. Anthony Village is redeveloping the site commonly referred
to as the Stonehouse site ("Development Property"); and
WHEREAS, on May 13, 2003 the City Council ("Council") approved Resolution #2003-
037 authorizing the City to enter into a Pre-Redevelopment Contract with Amcon Construction
Company LLC ("the Developer") for the redevelopment of the Development Property; and
WHEREAS, the Developer agreed to construct a total of 26,000 sq/ft of retail space
which would include a new Municipal Liquor Store, a restaurant and additional retail space; and
WHEREAS, the Developer provided the Council with four(4) options on how to proceed
with the redevelopment of the Development Property; and
WHEREAS, on June 24, 2003, the Council approved Resolution #2003-047, approving
redevelopment option #4 for the Development Property which consists of the City retaining
ownership of a portion of the land and owning its own Municipal Liquor Store and selling the
remaining land to the Developer for development of a restaurant pad and additional retail space;
• and
WHEREAS, The Developer and the City have participated in negotiations concerning the
proposed development of certain property by the Developer on the Development Property and
the means by which the Development will commence; and
WHEREAS, the Council believes that the redevelopment of the Development Property,
and fulfillment generally of the terms of this Agreement, are in the vital and best interests of the
City and in accord with the public purposes and provisions of applicable federal, state and local
laws.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of St. Anthony Village as
follows:
1. That the Purchase and Development Agreement by and between the City and
Amcon Construction Company LLC is hereby approved by the Council, and the Mayor and City
Manager are authorized and directed to execute it contingent upon City Attorney approval and
deliver and record the same.
2. That the City Manager is hereby authorized to approve such modifications to the
Purchase and Development Agreement as shall not, in his opinion, substantially alter or impair
the rights and obligations of the City as set forth in the agreement presented to the Council for
approval.
• 3. That the Purchase and Development Agreement shall not be deemed effective and
enforceable against the City until executed by the Mayor and City Manager in accordance
herewith.
Adopted this�a_day of , 2003.
Mayor
ATTEST:
City Clerk
Reviewed for Administration:
City MaJaAer
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