04-30-1984 Joint
CITY OF RICHFIELD
CITY COUNCIL AND HOUSING & REDEVELOPMENT AUTHORITY
CONCURRENT MEETING
MONDAY, APRIL 30, 1984
The meeting was called to order by HRA Chairman Tom Harms.
1. Resolution Authorizing City Officials to Enter into an
A reement end n and Reactivatin the Developer's Agreement
or the Mar et aza Pro.iect.
City Manager Cartwright reported that the 30-day time limit
for co-developers to execute the Developers Agreement has
passed, and at this point the HRA and City do not have a
Development Agreement in effect for the Market Plaza Project.
He said staff will work with the attorneyts office and the
Chairman of the HRA as new developments occur with regard to the
agreement.
Attorney Clayton LeFevere reported that discussions have
.been held regarding possible modifications to the development
agreement. He also said there have been continuing discussions
between Derrick and the Knutson Company, anal those now seem to
be at an impasse.
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Luettinger asked if a new agreement is reached, whether it
will impact the project. Mr. LeFevere said the discussions
have not changed the essentials of the project.
Hassenstab said the Counei.]_ and HRA need _to continue to warl~_=
closely and asked if something- is liked-y- t.o-~=b-e. proposed by May
21 .
Chairman Harms said staff and the attorneys office are
working on the project, and will propose action as soon as
something is ready.
The HRA special meeting was adjourned at 8:40 P.M.
Dat~.,Approv~~ ~~ 29, 1984
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