HomeMy WebLinkAbout4.a. Update on Muller Theater Project , ,
CITY OF ROSEMOUNT
EXECIITIVE SU1�Il�IARY FOR ACTION
PORT AUTHORITY COMMISSION MEETING DATE: NOVEMBER 3 , 1993
AGENDA ITEM: UPDATE ON MULLER THEATER PRQJECT AGENDA SECTION:
OLD BUSINESS
PREPARED SYs JOHN MILLER, AGENDA ����� �( � ,
ECONOMIC DEVELOPMENT COORDINATOR �
�
ATTAC�NTS: MEMORANDUM FROM MR. MILES APP VED Y; �
Please see the Oetober 29 memorandum from port authority attorney Mike
Miles.
RECOI+Il�ENDED ACTION: Discussion item only.
P�RT AIITHORITY ACTION:
. .
M E M O R A N D U M
T0: Ed Dunn, Chair
and Members of the Rosemount Port Authority
FROM: Mike Miles ���
DATE: October 29 , 1993
RE: Update on Mu11er Theatre Project
At your meeting of October 19 , 1993, you directed me to work
with the Mullers ' attorney, Dan Tyson, in the development of a
draft Purchase Agreement between the RPA and the Mullers for
acquisition of the tract of land for their praposed theater
complex. Accordinqly, I have had numerous discussions with Mr,
Tyson culminating in a lengthy meeting with him on Thursday,
October 28, 1993 . At the conclusion of that meeting, Mr. Tyson
spent a considerable time conferring with his client by telephone,
and I believe you will be very interested in the outeome of that
conversation.
Essentially, Mr. Tyson reported the following to me:
1 . The Mullers have decided to praceed with construction of
the theater complex in the Business Park {assuming they
receive City authorization to do so) , regardless of
whether another movie complex is constructed in
Rosemount.
2 . Having reached that conclusion, the Mullers do not
believe that the "fast track" approach that they have
been advocating is necessary. Therefore, the Mullers are
willing and desirous of proceeding with the negotiation
process in a more traditional manner. In other words,
the Mullers are prepared to wait until all necessary
approvals (i .e. , rezoning, text amendments, etc . } have
been obtained prior to entering into a Purchase Agreement
with the RPA.
3 . The Mullers will be in attendance at the RPA' s meeting on
W�dnesday, November 3, 1993, to express their desire to
proceed in this more conventional fashion and to attempt
to do some "team building" with the RPA, so that the
proposed pro}ect may proceed as positively as possible.
This is a very encouraging development, and one that should
make some members of the RPA more comfortable with the process. I
will plan on giving you a more detailed update on this matter at
next week' s meeting, but please contaet me at any time if you wish
to further discuss this projeet.
JMM:gmo