Loading...
HomeMy WebLinkAbout1994-08-09 CC MIN r SPECIAL MEETING STILL WATER CITY COUNCIL MINUTES August 9, 1994 4:30 p.m. Present: Councilmembers Bodlovick, Cummings, Kimble, Zoller and Mayor Hooley Absent: None Also Present: City Coordinator Kriesel City Attorney Magnuson Comm. Dev. Director Russell City Clerk Weldon Others: Dave Swanson, Chuck Dougherty, Duane Hubbs, Richard Kilty, Leonard Kirscht, Jerry Winslow, Dick Anderson, Bill Pauley 1. Discussion Rel!ardinl! Boat Dockinl!. Mayor Hooley reported on efforts to keep the Point Counterpoint boat docked m Stillwater this year. 2. Update on Purchase of City F1al!s. ("1 Dave Swanson of the American Legion updated Council on the purchase of American flags for the City. 3. Discussion of financinl! oackalZe for downtown hotel develooment. Community Development Director Russell reviewed the financing package and request for TIF assistance. Mayor Hooley recommended that an ad hoc committee be formed to study the proposed fmancing package. Leonard Kirscht, President, Public Resource Group, Inc. discussed the financing package. Duane Hubbs, St. Croix Preservation Company, stated that further delays would cause them to be unable to close on the property on October I. Richard Kilty, 118 West Oak Street, stated that the agreement would falsify the purchase price. Motion by Councilmember Kimble, seconded by Councilmember Cummings to approve "pay-as- you-go" tax increment fInancing for the downtown hotel development, with the sale price figure o of $1.15 million for the Lumberman's Exchange Building. Ayes - 4; Nays - 1, Mayor Hooley. r\ r (' " Stillwater City Council Minutes Special Meeting August 9, 1994 Motion by Councilmember Kimble, seconded by Councilmember Bodlovick to direct staff to establish a committee including the Finance Director, Springsted Inc., Leonard Kirscht and other qualified persons as necessary to study the downtown hotel fmancing package and advise the City Council. All in favor. 4. Consideration of TIF assistance for UBC. Community Development Director Russell reviewed the request for TIF assistance for relocation of the UBC to the industrial park and the purchase of the downtown UBC site for parking. Motion by Councilmember Kimble, seconded by Councilmember Bodlovick to direct staff to prepare the necessary documents to complete the transactions for TIF assistance for relocation of the UBC to the industrial park and the purchase of the downtown UBC site for parking. All in favor. Motion by Councilrnember Zoller, seconded by Councilrnember Bodlovick to also have the City's ad hoc financial task force to review the agreements with UBC and advise the City Council. All in favor. OTHER BUSINESS I. Doerr Home Reconstruction Motion by Councilmember Kimble, seconded by Councilrnember Bodlovick to approve the request to name Fire Chief George Ness as the construction manager for the rebuilding of the Susan Doerr home and to work with Target and Habitat for Humanity for the rebuilding project. 2. Ice Arena Lease Council discussed the proposed lease of the Lily Lake Ice Arena. The Parks and Recreation Board will consider this proposal at a meeting scheduled for August 22, 1994 and will make a recommendation to Council. ADJOURNMENT Motion by Councilmember Bodlovick, seconded by Councilmember Kimble to adjourn the meeting at 6:50 p.m. All in favor. 2 r (' o Stillwater City Council Minutes Special Meeting August 9, 1994 ATTEST: ~ 11040: l.),.ol'~ ITY CLERK Submitted: Shelly Schaubach Recording Secretary O~Affk/~~ MAYOR 3