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HomeMy WebLinkAboutCity Council Resolution 1997-065• CITY OF PLYMOUTH RESOLUTION 97 - 65 AUTHORIZING THE MAYOR AND CITY MANAGER TO SIGN THE CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN THE CITY OF PLYMOUTH AND MANN THEATERS 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 comer of Highway 55 and Vicksburg Lrne 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 Fraueashuh'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 did not met the conditions required by the Council and Frauenshuh's designation as developer of the City's property, and on November 20, 1996 the City Council adopted Resolution 96-644, terminating Frauenshuh's designation as developer and ceasing negotiations with them; and WHEREAS, on November 20, 1996 the City Council also adopted Resolution 96-644, directing staff to contact the Beard Group and Mann Theaters to determine whether they are interested in making an offer to purchase the property, based on the interest they expressed in the City Center site by submitting a proposal to the City prior to designation of the developer for the site; and WHEREAS, on November 20, 1996 the City Council also adopted Resolutior. 96-645. directing the City Center Subcommittee to develop and recommend a course of action regarding the possible sale of the property; and WHEREAS, the City received written proposals for the purchase of the property from Mann Theaters and Martin Harstad; and WHEREAS, the City Center Subcommittee met on December 12, 1996 to consider these proposals; and WHEREAS, the Subcommittee requested additional information, including sketch plans from each proposer, preparation of a traffic studies and additional staff research; and M • Resolution 97-65 Page 2 WHEREAS, the Subcommittee also requested that staff contact other theater operators to determine if additional proposals might be received by December 31, 1996; and WHEREAS, no additional proposals were made; and WHEREAS, the City Center Subcommittee met on January 15, 1997 to review the sYetch plans and the information submitted by the proposers; and WHEREAS, the Subcommittee recommended that the proposal of Mann Theaters should be accepted; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCII, OF THE CITY OF PLYMOUTH, MINNESOTA, that the Mayor and City Manager are hereby directed to sign an agreement with Mann Theaters for the sale and development of the City -owned land at Vicksburg and Highway 55, consistent with the terms of the offer made to the City by Mann in their letter dated December 11, 1996, and subject to the final site plan for the project including a full intersection with a median cut on Vicksburg Lane. Adopted by the City Council on January 22, 1997 Ccrfg7 •