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City Council Minutes 02-27-2012 JointMINUTES SPECIAL JOINT MEETING — MONTICELLO CITY COUNCIL, MONTICELLO EDA, MONTICELLO PLANNING COMMISSION Monday, February 27, 2012 — 5:30 p.m. Mississippi Room, Monticello Community Center EDA Commissioners: President Bill Demeules, Vice President Bill Tapper, Treasurer Tracy Hinz Council: Mayor Clint Herbst, Lloyd Hilgart, Tom Perrault, Glen Posusta, Brian Stumpf PC Commissioners: Chair Rod Dragsten, Brad Fyle, Charlotte Gabler, Bill Spartz, Barry Voight Absent: Matt Frie (EDA) Others: Megan Barnett Livgard, Jeff O'Neill, Tom Kelly, Angela Schumann, Bruce Westby, Dan Wilson (Wilson Development), Ron Hackenmueller, Bret Weiss, Steve Johnson 1. Call to Order Mayor Herbst called the Special Joint Meeting of the Council, Economic Development Authority and Planning Commission to order at 5:42 p.m. 2. Purpose of Meeting: Provide comprehensive update of the Embracing Downtown Project Megan Barnett Livgard explained that this meeting will give an overview for the Council, EDA, and Planning Commission on the status of the Embracing Downtown project. She outlined the areas that will be covered during the discussion. 3. Embracing Downtown Update a. Montgomery Farms (purchase agreements and tenant negotiations) Dan Wilson updated the group on where he is at in discussions with Montgomery Fanns. They have generally agreed on a price. However, the difficult part is working with leases, some of which run into 2014. Because of the uncertainty on the intersection project, some of the tenants had to be brought into the discussion which also added other issues in the situation. Montgomery is now represented by an attorney, which added some complexity to the discussions but many of those items are being worked out. Dan Wilson explained the process of working with current tenants for relocation and the options that are available for them. As discussions take place, the tenants are becoming more comfortable with the process. Glen Posusta asked why the City is responsible for the discussions with the tenants rather than having Montgomery be responsible for this. Dan Wilson explained that it is in the City's best interest to reach a negotiated settlement, Special Joint Meeting Minutes — February 27, 2012 Page 1 which requires discussion with both the owner and tenants. The City has a chance to purchase the property at a price far lower than the potential appraised value. The other option for the City to obtain the property would be to go through the condemnation process. In this case, the tenants would then have to go through Montgomery Farms to get their relocation costs covered. Clint Herbst asked Dan Wilson to talk about what happens if the Council and /or EDA would decide they do not want to pursue a negotiated settlement anymore, especially considering the possible high costs of relocating the current tenants. It looks like there might be four tenants that would have to be relocated which could run up to $50,000 each plus miscellaneous costs. Clint Herbst commented that it appears that it got more complicated when Montgomery's attorney came into the picture. He feels that the City should not have to be totally responsible for working with the tenants. Megan Barnett Livgard commented that Montgomery has been working with the City too in this process. Dan Wilson explained that it is in the best interest of the City to keep the tenants in the building as long as possible in order to reduce the costs of relocation. Lloyd Hilgart asked about the process of buying out the leases. Dan Wilson gave some examples of how the City might approach that and could possibly include offers from both Montgomery and the City. Dan Wilson also explained how the leasehold costs could be calculated. He also noted that an attorney representing a leaseholder could also make an offer for a buyout. Lloyd Hilgart suggested that it might be best to negotiate a buyout rather than wait out the terms of the lease since the City will still need to pay relocation costs. Tracy Hinz asked if there was an estimate of the costs that would be incurred for procuring this property. Dan Wilson said that they really don't know those costs at this time as there are so many factors involved in relocating the tenants. Clint Herbst asked Bret Weiss to explain the potential funding from federal transit funds and how long that might be. Bret Weiss explained that the funding period would not take place until 2013. Although the City might be notified they are eligible to receive funds, they would probably have to wait until a certain point in time before they can actually take down the Montgomery building so as to not jeopardize the funding. Dan Wilson talked briefly about the dental lease and the movement that has been made so far in discussions on options available to move the dental office. Glen Posusta commented on the old Bait Shop building and the possibility of not displacing those tenants since the City won't need to take down that building for the intersection project. Dan Wilson recommended that may not be the best option for the City once they see the condition of the apartments. He did note that tenants who do not pay their rent lose their eligibility to receive relocation benefits. Special Joint Meeting Minutes— February 27, 2012 Page 2 In the interest of time, the discussion moved on. b. Contracts with Wilson Development, Jim McComb, & Janna King Megan Barnett Livgard explained that Council will be asked tonight to ratify EDA's decision approving a contract with Wilson Development to continue negotiations for property acquisition related to Embracing Downtown. Contracts have been signed with Jim McComb and Janna King related to the Embrace Downtown project. Jim McComb is working with potential developers for locating in the downtown area. Janna King is working with the Leadership Team. C. Intersection improvement project status Bruce Westby summarized potential sources for funding of the Hwy 25 /CSAH 75 intersection improvements. Up to $400,000 may be available through Mn/DOT's Local Initiative Funds, and he plans to meet with Wright County soon to discuss the potential for them to fund some of the proposed improvements along CSAH 75. Staff is also currently researching whether our project is eligible for the Transportation Economic Development funding program. Bill Tapper asked about the project costs and Bruce Westby pointed out that about $1.65 million is needed to complete the remaining intersection improvements. Jeff O'Neill asked about partnering with neighboring areas in order to garner state support for funding. Bruce Westby feels that there are enough potential sources of funds available for the current project without expanding the project. He would be leery about trying to partner with other entities because that could add some complexity to getting the project funded. Bruce Westby summarized the project to include realigning northbound TH 25 to the east, adding dual left tarn lanes on three of the four legs of the intersection, and dual right turn lanes in the northeast quadrant. Highway 25 would need to be widened and that would be done in the area where the Montgomery building now sits. d. CCD rewrite initiative Angela Schumann explained that the Planning Commission and members of the Embrace Downtown leadership team are working on rewriting components of the CCD district. She expects a draft to be ready in March. e. Creation of Downtown Leadership Taskforce A leadership team was recently formed and held their first meeting recently and has another meeting on March 7th. Special Joint Meeting Minutes— February 27, 2012 Page 3 f Establishment of priority blocks and related general criteria to be used for identifying opportunities The Leadership Team is working on establishing criteria for Embrace Downtown acquisitions so that city staff can more quickly move on this project when needed. 4. Adjournment Mayor Herbst adjourned the special meeting at 6:28 p.m. Recorder: Catherine M. Shuman Approved: March 12, 2012 Attest: C imstrator Special Joint Meeting Minutes — February 27, 2012 Page 4