Loading...
03-08-89 Parking Comm Minutesd Parking Commission March 8, 1989 4:0o PM CityHall ATTENDING: Chairman Gordon Pirrie, Gary McCarthy, Steve Cooney, Ed Gallagher and Kevin Calnan of Main Street Realty. Ed gave a report on the negotiations with the college for the purchase of their four properties. He discussed the demo/asbestos abatement cost estimates and stated that the college accepted the $530,000 with the city paying for the demolition of the four structures of necessary and asbestos abatement. The resolution was adopted Monday night, a letter went out Tuesday with the Mayors signature and the resolution signed and attested by the City Clerk. The deputy County Attorney and the City Attorney are working on the final agreement which will go to a title company and then the city and college will share closing costs, with a check to be made out to the college. Ed explained to the commission members that the $500,000 for land assemblage, $380,000 was spent on acquisition and $120,000 on demolition and asbestos. The parking commission spent $150,000 on acquisition and $108.000 for demolition/asbestos for a total of $258.000. Ed has recommended to the City Development Committee that the remaining $92,000 left in the Commissions fund, and with council approval $28,000 could be added to that out of a redevelopment line item, for purchase of O'Neil property. The $228,000 for demolition for the college will be put into an escrow account that would draw interest for the city which could not be higher then the bonds were sold for. In two years or more the costs for demolition could be higher.or lower. If in the mean time someone makes an offer on the buildings, it would have to have approval of council and go through the ARC. That is the status to date. Gordon asked if the interest on the Parking Commissions $108,000 for demo would go back to the commission. Ed explained its all city monies. Gordon asked about time frame on cutting the college a check and Ed responded that it would be as fast as the college solves their debt with Concordia and the city can get a clear title. • Gordon asked the commission members to keep in mind the possibility of a land swap with Murphy, Robinson, assuming the Rygg building is to be demolished. That property could be swapped which would be right behind that building and be a better parking situation for whoever buys that building and the city could pick up more of main street. Just something he feels should be kept in mind as an option. Ed stated that he had met with the new rep from Glacier Park Company this morning and Glacier has had an offer on their eleven acres so are having it appraised again. The offer is through a Realtor so we don't know what the development is at this time. Gordon stated that the O'Neil property needs to be discussed, the monies to purchase the property is there, but what to do about improvements. Ed recommended that the improvements come the next fiscal year. Gordon asked the secretary to send a letter to Bill Cooper of School District 5 reminding him that the commission would like their appraisal figures on Montana Hall as soon as possible so the commission can plug the figures into their budget. Ed suggested that the commission write a letter to the Mayor with cc to Wayne Saverud, stating that now that the college negotiations have been finalized they would like them to consider the ONeil property as stated in the minutes of January's meeting. Steve stated that there is someone very interested in the building on the O'Neil property. There was discussion of the value of the building. Ed suggested a Joint meeting between the commission and City Development Committee within the next week or so to discuss this property.. Steve asked how the commission gets more money for improvements, etc. Ed stated that they must put together a budget request for the Tax Increment Committee, who then recommends back to the City Council. There were commitments made as to lighting in the parking lots and Steve wondered if this was taken care of yet. Gordon asked the secretary to send a memo to Amy Robertson asking if the lighting has been paid for and where the commission stands budget -wise. Gary asked if in the case the $92.000 left to parking commission from bond issue wasn't used could i< be carried over. Ed stated that possibly, as we have been following intent. Steve brought up the issue of cleaning up the trash bins in the alley. Basically there are two options; city collection or private collection, and the prices are the same. He feels If everyone were on the private program and a trash compactor in the parking space in the southeast corner of the parking lot, or public works suggested everyone go to city collection and put 6 large black containers in the same area. Gordon stated the black containers are unsightly and possibly they could be barricaded behind something. There was more discussion of benches around the street trees, overhead banners for the city, and trash containers on the street for public use. Meeting adjourned at 4:55 PM. • 40-