2010.06.21 CC Minutes - Laserfiche WebLink

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Minutes for the Hugo City Council Meeting June 21, 2010 Page 4 of 7 preliminary plat to the City Council. Developers Len Pratt and Dave Hempel were present, and Councilmember Chuck Haas asked them about the changing pattern in development from a few years ago. Pratt addressed the Council saying they are not putting in more lots than what will be used, and these are larger conventional lots. Len described it as "the new beginning of normal" and said the homes in the first phase of the development would be built by Ben Minke, a single- family home builder, who built over 100 homes last year, mostly in Blaine. The Council asked Len Pratt to encourage Ben Minke to attend an Economic Development Authority meeting and Business Networking International meeting so he could be welcomed into the community. Haas made motin, Weidt seconded, to approve RESOLUTION 2010-23 APPROVING A PRELIMINARY PLAT AND REZONING FOR PRATT DEVLEOPMENT FOR "PRAIRIE VILLAGE" LOCATED NORTH OF 158TH STREET AND WEST OF ONEKA PARKWAY and. ORDINANCE 2010- 447 AMENDING CHAPTER 90 (ZONING AND LAND USE) OF THE CITY CODE TO CLASSIFY CERTAIN LAND LOCATED NORTH OF 158TH STREET AND WEST OF ONEKA PARKWAY All Ayes. Motion carried. Approve Purchase Agreement with FBF, LLC for City -Owned Property on TH61 Next to Egg Lake Councilmember Haas removed this item from the Consent Agenda. Over the past couple month's staff has been working with Mark Finnemann, Richard Fischer, and Mike Brass on a purchase agreement for the city -owned property in the downtown area. The EDA and City Council have been presented with the concept plans in the past and generally liked their ideas for the property. The purchase agreement is for 2.52 acres for a total of $770,200. Councilmember Haas said he was pleased to see something happening with the property. Community Development Director Bryan Bear explained that the purchase price may be reduced at the discretion of the City Council for building architecture, building plans, site plan, and use of the property. Alternatively, at the City Councils discretion, TIF may be offered to defray the development costs. The purchase agreement allows the buyer to market the property for one year and is contingent upon the City and buyer entering into a development agreement. The purchase agreement requires the City to complete an ALTA survey and provide title evidence. The EDA considered the purchase agreement at its meeting on Monday, June 14, 2010 and recommended approval of the agreement to the City Council. Haas made motion, Klein seconded, to approve the purchase agreement with FBF, LLC for City - owned property on TH61 next to Egg Lake. Ayes: Haas, Weidt, Klein, Miron Nays: None Motion carried.