10-09-2007 - Laserfiche WebLink

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October 9,2007- Page 4 Director of Community Development Grant Fernehus explained that since 2004 the City has been working with MT Properties and Minnesota Commercial. Railroad on several rail projects. Negotiating has been underway since 2006. The Butchers spur was described as a 7.5 acre tract of land in the NWQ, currently serving one rail customer, Boulder Images, The City's requested the railroad abandon that line in order to acquire the area for Northwest Quadrant redevelopment. A functional replacement has been requested by the railroad (300' to 400' of track to accommodate three or four railcars.) The City will acquire the property from MT properties for $3.35 per square foot. The difference between the Butchers Spur and the Functional Replacement is $500,000. The City will also pay for the abandonment proceedings; approximately $15,000- $20,000. In order to acquire lire the team track and the southeast wye the City will acquire 2.65 acres from Estes Express located at 4001 Street SW. Councilmember Doffing requested an explanation of the Canadian Pacific turn-out, Mr. Fernelius outlined the turn out, also known as a switch Councilmember Bauman requested the total amount coming out of the Municipal Development fund for this project Mr. Fernelius explained it would be close to $900,000 for the Estes Express acgitisition, plus the $174,000 for the construction of the team track The fund balance was reported at approximately $6 million. Councilmember Hoffman confirmedwith Mr. Fernelius that this was the last parcel for the City to acquire in the Northwest Quadrant Motion by Councilmember Hoffman, seconded by Councilmember Burg to approve the attached Letter of Understanding by and between the City of New Brighton; MT Properties, Inc.; and Minnesota Commercial Railway Company Regarding Railroad Related Projects. 5 Ayes — 0 Nays, Motion Carried Approval of Provisional License and Mitigation Plan for Silver Lake Flats. Report No. 07 -248. (Mava fromCmsmAgenda) Director of Public Safety Bob Jacobson gave an overview of the City's provisional licensing practices. Director Jacobsen stated the prior owner of the property (Timbercrest) has sold the property to Mr. Anthony Beasley. Improvements have been evident under the current ownership. Councilmember Doffing requested clarification on the liability document utilized by Silver Lake Flats. Mr. Rod Martin; representing Silver Lake Flats explained this document assists the property management in the process of eviction. Mr. Martin expressed the commitment on their part to make Silver Lake Flats succeed Councilmember Burg expressed the City's desire to assist in any possible way. Motion by Councilmember Doffing, seconded by Councilmember Bauman to accept the monthly report from Silver Lake Flats located at 2090 -2160 West County Road E. 5 Ayes - 0 Nays, Motion Carried 2, Approvat of PmvJSlor 1 License and Mitigation Plan for silver Take FLU. ReportNo.07 -248.*