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HomeMy WebLinkAbout8.d. Northside Commercial AreaEXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: December 18, 1990 AGENDA ITEM: AGENDA SECTION: Northside Commercial Area New Business PREPARED BY: AGENDA REM 7'T 8 D Dean Johnson, Community Development Director ATTACHMENTS: APPI�gVED BY None The EDA and City Council have had discussions surrounds g the future of the businesses in the area of the armory site, north of the downtown. Original discussions centered on the potential relocation of the "west side" businesses, due to the increased magnitude of the armory site development. Recent discussions have centered on the potential buyout of the Sunrise Builder Supply property, as initiated by the owner, Mike McDonough. Staff have been directed to research options regarding a range of uses that may be possible and funding options if the City/EDA were involved. One additional issue is the timing of the Master Parks Plan, which may have a bearing on the use potential of this area. I have not had the time to put in writing the number of concepts, issues and options that need to be evaluated. We have put this item on the agenda to keep the discussions rolling. By Tuesday's meeting, I hope to summarize some of the pros and cons of the land use concepts, financing options and timing issues. RECOMMENDED ACTION: (DISCUSSION ONLY) COUNCIL ACTION: None.