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HomeMy WebLinkAbout1995-08-29 CC MIN . . '0 , (' n qs-,;l.~ Special Meeting STILL WATER CITY COUNCIL MINUTES August 29,1995 7:00 p.m. The Meeting was called to order by Mayor Kimble. Present: Councilrnembers Bealka, Cummings, Thole, Zoller and Mayor Kimble Absent: None Also Present: City Coordinator Kriesel City Attomey Magnuson Community Development Director Russell Press: Julie Kink, The Courier Mike Marsnik, Stillwater Gazette Others: Peter Gerrard, Bill Gerrard, Paul Gerrard, Don Jacobson, Dennis Carlson, Robert Naegle, and Richard Kilty Proposed Condominium DevelQnment Peter Gerrard, Bill Gerrard and other members of the Gerrard Realty Company explained their proposal to construct a 100 unit recreational condominium development on the former United Building Center site presently owned by Northern States Power Company (NSP). The proposal included plans for constructing a public parking lot for 100 to 120 cars. It was anticipated that 25 percent of the condominiums would be recreational type and 75 percent would be owner occupied. The estimated price of the condominiums were between $110,000 to $140,000. City Attorney Magnuson explained that the City had an agreement with NSP on this site which gave the City a right of first refusal on any sale by NSP. The site was purchased by NSP through a joint effort with the City. The. site was contaminated and the agreement provided for the use of the site as a parking lot which the City was to construct. Discussion was held on whether the City should seek proposals for the development of this site. Motion by Councilrnember Thole, seconded by Councilmember Cummings to direct staff to develop finalized numbers regarding the proposal by Gerrard Realty and make a report and recommendation to the Council at a subsequent meetings. All in favor. 1996 Budllet City Coordinator Kriesel and Finance Director Deblon presented the 1996 budget as modified from previous meetings with the City Council. , . '(' (' r Stillwater City Council Minutes Special Meeting August 29, 1995 Motion by Councilrnember Cummings, seconded by Councilrnember Thole to adjust the 1996 budget to a level that would not exceed a three percent tax capacity increase excluding the debt service levy for the City Hall expansion/remodeling project. All in favor. Truth in Taxation Hearinll Dates Council discussed possible dates for the required Truth in Taxation hearings. Motion by Councilrnember Thole, seconded by Councilmember Zoller to set the Truth in Taxation hearing for Wednesday, November 29,1995 and the continued hearing, if necessary, for Tuesday, December 5,1995. All in favor. Adiournment Motion by Councilrnember Cummings, seconded by Councilrnember Thole to adjoum the meeting to executive session at 10:00 p.m. All in favor. cPV~ YOR ATTEST: lYt~ UJJ.kr.. CITY CLERK '