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06-02-88 Development Comm MinutesCITY DEVELOPMENT/BUILDING REGULATIONS/PARKING/PUBLIC BUILDINGS June 2, 1988 Conference Room 4:00 PM ATTENDING: Chairman Wayne Saverud, Councilmen Jim Atkinson & Noel Furlong, Ed Gallagher of Community Development, Architect Ken Williams and Kevin Calnan of Main Street Realty. Ed presented Roger Jacobson's valuation analysis of the O'Neil property which gave six comparables. K. Calnan stated that the O'Neil's had originally asked $8.50 sq ft for their property and came down to $7.50 sq ft. N. Furlong asked if Colin Andrews has already purchased the property. K. Calnan said not yet, it is contingent upon the City purchasing lots 7 & 8. Ed stated there are four letters on file that are in favor of the purchase of this property for public parking. K. Calnan & K. Williams presented the plans for the proposed site, stating that C. Andrewes would occupy the first floor of the rehabed existing building with law offices to go on the second floor. K. Williams stated that this area of downtown is becoming a 'legal community', pointing out that the law firm that purchased the property behind the O'Neil property will be starting construction very soon. This proposed project would also add more jobs and create employment. • There was discussion of cost for removal of existing concrete pad and the need to coordinate the paving of parking lots by both public and private sector. Motion was made to recommend to City Council to purchase the south two lots of block 75 for parking for $7.25 sq ft, based on the contingency that Colin Andrews, et al, purchase from O'Neil and rehab at least one floor of the existing building, and they and the City jointly coordinate parking improvements. Motion carried unanimously. Ed discussed the Mayor's request for monies to purchase Certified Cities signs at three entrances of the city. There was debate as to cost, Ed will get back to committee after further inquiry. Chairman Saverud stated there has been discussion of residents living in the city entrance areas cleaning up their properties. Ed stated Jack King had said he planned on speaking to some of those people. Ed reported there had been a call inquiring about the property next to the City Airport that is posted for sale. There has been no Council decision on the selling price, or zoning of this property. Ed discussed the TIF Committee meeting earlier today. The committee feels that the First Alley West project, which was set as a priority last year, should have first priority this year. Amy Robertson, City Accountant, is looking at a possible loan from the state to finance this project. Ed stated there will have to be some cuts made in the TIF budget, with some projects being contingent upon funding. • Committee discussed Big Sky Fly & Tackle property. There will be a letter coming to the City from the owner reaffirming their previous offer to sell. Ed was asked to negotiate. Meeting adjourned at 5:15 PM.