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HomeMy WebLinkAbout13.F.1. First and Fuller Parking Lot Sale Discussion 13.f.1. CITY OF SHAKOPEE Memorandum TO: Mayor and City Council FROM: Mark McNeill, City Administrator SUBJECT: 1 st and Fuller Parking Lot Sale Discussion DATE: July 21,2009 Comment: Introduction: The owner of Levee Drive Apartments has requested to appear before the Council to discuss his desire to purchase, or enter into a long-term lease for the City owned parking lot at First and Fuller Street. Background: On June 16th, I presented a request from John Bergstad to gauge the City Council's interest in selling or leasing this parking lot to accommodate parking for residents of Levee Drive Apartments. Mr. Bergstad is exploring the feasibility of going to a "market rate" building, and additional parking will be needed. More complete information from the June 16th agenda packet is attached. What was being requested of the Council at that meeting was direction on whether there was an interest in selling, and if so, whether a valuation appraisal should be performed, or whether staff should advertise for proposals. It was the Council's direction that evening that they were not in favor of selling the parking lot. During the discussion there was an inquiry as to whether a City-owned vacant lot a block west of the Levee Drive Apartments would be possible as an alternative. Mr. Bergstad indicated that, due to the nature of the senior population in Levee Drive Apartments, that location would not work. Mr. Bergstad was unavailable to attend the June 16th meeting. He has subsequently asked for an opportunity to appear personally before the City Council to state his request, answer any questions, and ultimately to have you reconsider the earlier direction. Council should note that, according to parliamentary procedures, had a formal vote been taken, one of the Councilors who had voted in the majority would have to make a motion to reconsider this action. However, because there was no vote taken, it is less formal, and the Council can decide whether it wishes to consider this request again. Relationship to Visioning: Reconsideration is not tied directly to any ofthe City's Visioning goals. Originally, the sale of the parking lot was seen to support Goal D- Vibrant, Resilient and Stable. Action Required: Council should determine whether it wants to hear this again from the individual who made the original request. !lvO~ Mark McNeill City Administrator MM:cn J 3. r, 2., · CITY OF SHAKOPEE Memorandum TO: Mayor and City Council FROM: Mark McNeill, City Administrator SUBJECT: 1 st and Fuller Parking Lot DATE: June 16, 2009 Comment: Introduction: The City Council is asked to give consideration to the possible sale of the City-owned parking lot at First and Fuller Street. Background: Recently City staff was contacted by BergstadProperties, which is the owner of the Levee Drive Apartment building, about the possibility of purchasing the City-owned parking lot located at First and Fuller Street. The City has also been working with Bergstad on the provision of Congregate dining services at the Levee Drive site. The parking lot consists of fifty-three parking spaces. The lot has been relocated a couple of times over the years, but originally it was one of five parking lots which was funded by a City-initiated public improvement in the 1960's. The acquisition and construction of those lots were finanaced by the sale of bonds, which were paid for by assessments against benefiting downtown commercial properties. In recent years, the parking lot has not been widely utilized, with the exception of Derby Days when parking is at a premium in the overall downtown area. Otherwise, the lot does serve parking for adjacent Levee Drive apartments, and occasionally other downtown parking needs. Bergstad Properties is in need of additional parking, up to forty-seven spaces. For that reason they have asked about the possibility of purchasing that lot from the City. Budget Impact: It has been awhile since the City has made an investment in downtown parking- some lots were relocated as a result of the downtown mini bypass. The City is currently maintaining this 1 st and Fuller lot (sweeping, striping, and plowing). Depending on what could be negotiated as a sale price, the Council could use that to reinvest those monies to provide parking in other areas of the downtown area, or alternatively utilize it for general purposes. '\ ~ :::.::'~ t.. ~ ~ ........":..,. .. .. t.. .' \ In order to accurately determine the value of this lot, the City could do one of two things: 1. Have a valuation appraisal -performed. The estimated cost of this would in the $2000 range. 2. Advertise for proposals. This would provide a larger number of people with the ability to make an offer, but it might result in Levee Drive Apartments not being able to provide sufficient parking for residents of that building. The City has had recent experience with another City parcel for which bids were obtained. This resulted in an adjacent owner not being able to utilize that lot to compliment his- property, and created some conflict. Recommendation: We see an advantage to the City trying to facilitate a sale to the Levee Drive building owner. Therefore, our recommendation is to direct staff to have an appraisal done to determine a value of that property, and report back to Council. Relationship to Visioning: This supports Goal D- Vibrant, resilient and stable. Action Required: The Council should discuss, and give direction as to whether it will consider the sale of the City owned parking lot at First and Fuller Street, and have a valuation appraisal performed. , ~ lAIlLI\NJR Mark McNeill City Administrator MM:cn