1999-10-26 - Laserfiche WebLink

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I I I Council Meeting Minutes October 26, 1999 Page 5 Council Business. continued Fulton explained property acquisitions occurring within TIF #26. Scholer property, 605 6th Ave., was acquired for $158,000 and demolition will begin this week. Miles property, 639 6th Ave., was acquired for $175,000 and used for police/fire training and demolition is this week. A letter of offer in the amount of$129,900 was presented to the Ringwelski's, 624 5th Ave., and they are currently looking at replacement housing. A letter of purchase in the amount of $120,000 plus relocation has been presented to the owners of the Alano property, 620 5th Ave. Offer letter and purchase agreement has been presented to Tom Thumb Stores, 615 Old Hwy 8, and the owners noted interest in relocating in the Village Center. Larson noted Tom Thumb's interest in constructing a convenience store with gas pumps and car wash. Staff intent is to make the site ready for construction by March 2000. Motion by Larson, seconded by Samuelson, to WAIVE THE READING AND ADOPT THE RESOLUTION AUTHORIZING PREPARATION AND EXECUTION OF A PURCHASE AGREEMENT FOR 642 5TH A VENUE NW (LARSON PROPERTY). 5 Ayes ~ 0 Nayes, Motion Carried. Announccments and Updates At the Truth in Taxation hearing held in September, Council approved a maximum 6.5% levy increase for the 2000 Budget. Council and staff have worked to determine final numbers, and staff intends to present a budget with an approximate 2.5% levy increase which is consistent with the Consumer Price Index. Fulton demonstrated the I~35W Corridor Coalition Web Site which contains an on-line Geographical Information System (GIS) atlas. The National League of Cities recognized "Remodeling Post World War II Homes" for its creativity. New Brighton published this book in collaboration with other communities. Gundennan encouraged everyone to vote on November 2. Fulton explained the results ofthe speed trailer located along 3rd St. The trailer recorded, during a 12-hour period, 790 vehicles and of that 85% traveled at the posted speed limit. Only one vehicle reached speeds over 40 mph and was clocked at 43 mph. Grimshaw thanked Council for the opportunity to serve as Councilmember of the Month. As a member ofthe Public Safety Commission, she has been very impressed with City's Public Safety Department. Adiournment Motion by Samuelson, seconded by Hoffman, to ADJOURN THE MEETING. 5 Ayes- 0 Nayes, Motion Carried. Meeting was acljounwd at 8: 10 p.m. R~ ATTEST: ~ Of"f\) Margaret A. Egan, Cit~lerklFinance Director Council Business Larson Property Purchase Report 99-237 Resolution 99-107 Announcements and Uodates Proposed Levy 1-35W Web Site Vote Speed Trailer Grimshaw Thanks Adjournment