HomeMy WebLinkAbout06-03EDA
A RESOLUTION AUTHORIZING RETENTION OF A CONSULTANT TO DEVELOP
REQUEST FOR QUALIFICATIONS AND PROPOSALS FOR REDEVELOPMENT OF
BLOCK 2 AND BLOCK 4 IN THE DOWNTOWN AREA AND PROVIDE FINANCIAL
ADVISORY AND OTHER REDEVELOPMENT RELATED SERVICES AS
APPROPRIATE, AND AUTHORIZING ISSUANCE OF REQUEST FOR
QUALIFICATIONS AND PROPOSALS FOR REDEVELOPMENT OF BLOCK 2 AND
BLOCK 4
MOTION BY:
Millar
SECOND BY:
Dornbush
WHEREAS, the City of Prior Lake, adopted the following:
1. Resolution No. 05-78, A Resolution adopting the 2030 Comprehensive Plan; and
2. Ordinance No. 01-16, An Ordinance amending the Zoning Ordinance for the C-3
Specialty Business District (Downtown); and
3. Resolution No. 05-103, A Resolution adopting the 2030 Vision and Strategic
Plan; and
WHEREAS, in December 2003 the City conducted market analysis (the Prior Lake
Development Potential report by McComb Group, Ltd) to determine future demand for
retail, residential, and office I industrial development; and
WHEREAS, in June, 2000 the City produced the Downtown Development Guide to
direct development and redevelopment in the downtown area, resulting in an amended
zoning ordinance for the C-3 District; and
WHEREAS, pursuant to the Comprehensive Plan, Downtown Development Guide,
2030 Vision and Strategic Plan, and Prior Lake Development Potential market analysis,
the City desires to facilitate progress and encourage the redevelopment of the
Downtown area; and
WHEREAS, as part of the redevelopment of the Downtown area, the City and its
Economic Development Authority (EDA) anticipates redevelopment of the properties
located on Block 2, bounded by Main Avenue, Pleasant Street, Colorado Street and the
City parking lot; and
WHEREAS, as part of the redevelopment of the Downtown area, the City and its EDA
anticipates redevelopment of the properties located on Block 4, bounded by Main
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Phone 952.447.4230 / Fax 952.447.4245
Avenue, County Highway 21, Dakota Street and Erie Street, excluding the property at
(address) Main Avenue and the City Library; and
WHEREAS, the redevelopment of these properties along with other improvements in
the Downtown area are essential to the improvement of the health, safety and welfare of
the Downtown and the City as a whole; and
WHEREAS, the EDA may authorize funding from the Economic Development budget
for retaining redevelopment consultant services.
NOW, THEREFORE, BE IT RESOLVED BY THE PRIOR LAKE, MINNESOTA
ECONOMIC DEVELOPMENT AUTHORITY, as follows:
Section 1. That the EDA hereby adopts each and every recitation in the preamble
of this Resolution as its findings.
Section 2. That the Executive Director of the Prior Lake EDA is hereby authorized to:
1.) Retain a redevelopment consultant to:
a.) Assist in developing a Request for Qualification and Proposals for the
redevelopment of Blocks 2 and 4 in the downtown area;
b.) Assist in evaluating qualifications and proposals submitted by developers;
and
c.) Provide financial advisory and redevelopment related services;
2.) Issue Request for Qualifications and Proposals for the redevelopment of Block 2
and Block 4 of downtown including the evaluation thereof and preparation of a
report with recommendations for consideration and final approval by the
Economic Development Advisory Committee, Economic Development Authority
and City Council.
PASSED AND ADOPTED THIS 5TH DAY OF SEPTEMBER, 2006.
LeMair
Dornbush
Erickson
Haugen
Millar
YES
X
X
X
X
X
NO
LeMair
Dornbush
Erickson
Haugen
Millar
F rank BO~ s:f!:J:., Director
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