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7.8. SR 01-06-1997ITg[l '/.8. 'ity of MEMORANDUM iver Mayor and City Council FROM: DATE: SUBJECT: Pat Klaers, City Administrator January 6, 1997 Northbound Liquor Store Project Update Per direction of the City Council, staff is working with the architectural firm of Tushie Montgomery Associates, Inc. on the design of a new Northbound Liquor store. At this time, the proposal is scheduled to go to the Planning Commission on January 28 and to the City Council on February 18 for its conditional use permit approval. Additionally, it is tentatively scheduled that the City Council also authorize the advertisement for bids for the project on February 18, 1997. The City should know much more about the project cost estimates by February 18, but we can discuss the finances of this project in a very preliminary fashion at this upcoming meeting. We are still looking at the actual construction cost of approximately I million dollars before any soft costs for architectural or construction management services or F/F & E are included into the project. The cash balance of the liquor store fund improved this past year, but the City will still need to issue revenue bonds for part of this project. The Tushie Montgomery firm is completing a similar liquor store project for the City of Richfield, and in Richfield a construction management (C.M.) firm was used on the project. This approach was used rather than the general contractor approach and Gary Tushie is convinced that the C.M. approach saved Richfield some money. I would like to talk to the Council on Monday about the possibility of using this approach for the Elk River liquor store project. On a different topic, I am pleased to advise the City Council that we have a signed purchase agreement between the City and Mr. and Mrs. Hartman for the purchase of a Westbound Liquor Store site. Closing is expected on this 1.5 acre site at the end of January. s:kcouncilknbliqup.doc 13065 Orono Parkway ° P.O. Box 490 · Elk River, MN 55330 ° (612) 441-7420 · Fax: (612) 441-7425