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<br />I <br /> <br />I <br /> <br />I <br /> <br />Council Me ting Minutes <br />November 2 , 1988 <br /> <br />Page 14 <br /> <br />Council Bu iness continued <br /> <br />Normally, ocke said, the development agreement should be approved <br />before the negotiation process with the property owners begins; but <br />under thes ci rcumstances the staff feels the re 1 ocati on process <br />should be tarted. <br /> <br /> <br />Brandt <br />regard <br /> <br />has been in contact with Welsh Companies in <br />the approval of the development agreement. <br /> <br />We 1 sh Compan i es understands the delay in the process <br />special circumstances and will wait it out. <br /> <br />Benke aske , if the development agreement could be presented at the <br />next Counc 1 meeting on December 13th. Locke feels the development <br />agreement woul d be ready for presentati on at the December 13th <br />meeting. <br /> <br />Ms. Carol Tilden, Owner, Liquid Scale, asked if a reference check <br />has been made on the Welsh Compan i es. Locke answered, Welsh <br />Companies is one of the major developer's in the Twin Cities area, <br />and has a excellent track record. <br /> <br />Benke expl ined, most developers including the Welsh Companies, will <br />build a pr perty and own it for a period of time and then later sell <br />it. <br /> <br />Ms. Tilde <br />could be <br /> <br />Locke exp <br />propertie <br />acquire a <br />an area. <br />be diffic <br /> <br />expressed, that she did not understand how her property <br />cquired without her consent. <br /> <br /> <br />ained, that cities do have the authority to acquire <br />for redevelopment purposes. Normally, the city would not <br />roperty if a developer was not interested in redeveloping <br />Locke acknowledged, that the acquisition process is can <br />lt for the property owners. <br /> <br />Ms. Til de fee 1 s the city has spent more time wi th the Welsh <br />Companies than the property owners. <br /> <br />Benke exp a;ned that there are two options the Council can take <br />tonight, ither, approve the development agreement or continue the <br />process, hich would allow for the appraisal of the property. <br /> <br />Moti on by Benke, seconded by Larson, to TABLE CONSIDERATION OF <br />DEVELOPME T AGREEMENT WITH WELSH COMPANIES TO DECEMBER 13, 1988. <br /> <br />5 Ayes - Nayes, Motion Carried <br /> <br />Council Business <br /> <br />Development Agreemer <br />with Welsh Companie <br />Report 88-328 <br />