HomeMy WebLinkAboutCity Council Resolution 1996-644CITY OF PLYMOUTH
RESOLUTION % - 644
RESOLUTION DIRECTING STAFF TO CONTACT
THE BEARD GROUP/MANN THEATERS REGARDING
A POSSIBLE SALE OF THE CITY CENTER RETAIL, ENTERTAINMENT PROPERTY
WHEREAS, on June 26, 1996 the Plymouth City Council adopted Resolution 96-365, which
conditionally designated Frauenshuh Companies as developer of land owned by the City at the
northeast corner of Highway 55 and Vicksburg Lane for retail and entertainment uses,
consistent with the Concept Plan and Design Guidelines for the City Center Area; and
WHEREAS, on September 18, 1996, the Council extended Frauenshuh's designation as
developer of the site contingent upon the company making a formal application for site plan
approval for the project by November 1, 1996 and entering into a development agreement
approved by the Plymouth City Council by November 20, 1996; and
WHEREAS, Frauenshuh has not met the conditions required by the Council and Frauenshuh's
designation as developer of the City's property has therefore expired; and
WHEREAS, the Beard Group and Mann Theaters expressed interest in the City Center site by
submitting a proposal to the City prior to designation of the developer for the site, and may still
be interested in purchasing the site for a development consistent with the City's adopted plan;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF PLYMOUTH, MINNESOTA, that the staff is hereby directed to contact the Beard
Group and Mann Theaters to determine whether they are interested in snaking an offer to
purchase the property, and to report back to the City Council at the December 18, 1996 City
Council meeting.
FURTHER, BE IT RESOLVED, that negotiations with Frauenshuh Companies regarding their
proposed development of the site shall be terminated.
Adopted by the City Council on November 20, 1996.
Ccrfg5