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8.0. EDSR 04-10-1995 EDA AGENDA ITEM NO.8 City of I' Item 7.5. 4IE1k Ri `jer MEMORANDUM TO: Mayor & City Council FROM: Pat Klaers, City Ad tie DATE: April 3, 1995 SUBJECT: School Public Works Building In the late 1980's, the School District was looking at the construction of a public works building. Eventually an arrangement was made whereby the City expanded its facility and rented space to the School District. As part of this agreement, the School helped finance the expansion and, in turn,the City has to repay the School some funds in the next few years. In about 1991, the City and School District combined their efforts and property and constructed recreation fields between the City public works building and the Community Education building. These fields are the Oak Knoll fields. In the development of these fields, a building pad was reserved for the School public works facility. The School District is now ready to proceed with the construction of its public works facility. However, the School District has decided to expand its facility from the original concept and the building pad size in the Oak Knoll complex is limited based on the original proposal. The City has offered the School District a building site that we feel is better than the Oak Knoll site. This site is better in terms of its expansion opportunities and is a better overall location for this type of building. The option suggested by the City was the remaining lot that we have ownership of in the Industrial Park. (The City at one time offered this site to Tescom for $60,000 for their expansion. In the end, Tescom selected a different site.) The City has offered this Industrial Park site to the School District under what we feel are reasonable conditions. The School District currently has a free building site in the Oak Knoll complex. The City has indicated that the School could have the Industrial Park site for whatever "savings" that the School would realize on its utility and site preparation costs. The Industrial Park site is "developer ready" (sewer and water stubbed-in and the site • nearly ready for construction), while the Oak Knoll site is not. 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 II� • For example, assume it cost the School District $70,000 to prepare its Oak Knoll site for construction and to extend utilities to this site. On the other hand, to prepare the Industrial Park site for construction may only cost $25,000. In this scenario, the City would be asking for $45,000 ($70,000 - $25,000 = $45,000) from the School for the Industrial Park site. In this manner, the City captures some funds to pay off our original Industrial Park purchase. The concept of what the City is proposing is somewhat difficult to put down on paper, but it is relatively simple. The School District can construct the building in the Oak Knoll complex. If it prefers a site in the Industrial Park, it can have this site from the City, but the City needs to recapture some of its expenses. What we are looking to recapture is the utility and site preparation "savings" that the School would realize by going to this developer ready Industrial Park site. By offering the School this Industrial Park site, the City is foregoing a potential increase in its tax base and its employment base provided that the site would be used for an industrial project. The City would certainly like to be a good neighbor and simply give this Industrial Park site to the School, but the City has financial responsibilities and the best it can propose at this • time is to give the School a good deal on the available lot. One final note - the City can set a maximum price of$45,000 from the School for this site. (A $30,000 minimum price should also be set.) It is possible that the figures in the above scenario could be $80,000 for Oak Knoll and $20,000 for the Industrial Park whereby the School savings for site preparation and utilities would be $60,000. The City would only receive $45,000 of this amount, so the School could actually see a real dollar savings by selecting the Industrial Park site. • à,Yi°i1/ tf ` � � MEMORANDUM River TO: Economic Development Authority FROM: Pat Klaers, City Administra DATE: April 10, 1995 SUBJECT: Public Works Site Attached for your review is an April 3, 1995, memo that I provided the City Council. This memo offers some background information on the status of the School public works building project. There is a School public works building location identified in the Oak Knoll Park complex. This building pad was identified when the complex was laid out in 1991 and is still available for the School. When the City Council received an update on the status of the School building project in early 1995, the Council requested that I work with the • School District to see if there was a better site available for this project. The site identified was Lot 8, Block 1, in the Industrial Park. This property is owned by the EDA. The City purchased this site a few years ago and transferred ownership to the EDA. The financial scenario for the EDA to recapture some funds for this lot are laid out in my 4/3/95 memo. If the School pursued this Industrial Park lot, I believe that they would save money on utility and site preparation expenses even if they had to pay us the maximum of$45,000 for this property. If the School District does not find this Industrial Park lot offer acceptable, they can always construct as originally planned in the Oak Knoll complex, or look for other sites. It should be made clear that the City is not "forcing" the School into the Industrial Park. It was our original intent to have an industry locate on this lot rather than have the property be in the tax exempt status. I will be in attendance at this EDA meeting to further explain the School public works scenario as I understand it. The School Board will be reviewing its options in the next few weeks. 411 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 For example, assume it cost the School District $70,000 to prepare its Oak • Knoll site for construction and to extend utilities to this site. On the other hand, to prepare the Industrial Park site for construction may only cost $25,000. In this scenario, the City would be asking for $45,000 ($70,000 - $25,000= $45,000) from the School for the Industrial Park site. In this manner, the City captures some funds to pay off our original Industrial Park purchase. The concept of what the City is proposing is somewhat difficult to put down on paper, but it is relatively simple. The School District can construct the building in the Oak Knoll complex. If it prefers a site in the Industrial Park, it can have this site from the City, but the City needs to recapture some of its expenses. What we are looking to recapture is the utility and site preparation "savings" that the School would realize by going to this developer ready Industrial Park site. By offering the School this Industrial Park site, the City is foregoing a potential increase in its tax base and its employment base provided that the site would be used for an industrial project. The City would certainly like to be a good neighbor and simply give this Industrial Park site to the School, but the City has financial responsibilities and the best it can propose at this time is to give the School a good deal on the available lot. • One final note - the City can set a maximum price of$45,000 from the School for this site. (A $30,000 minimum price should also be set.) It is possible that the figures in the above scenario could be $80,000 for Oak Knoll and $20,000 for the Industrial Park whereby the School savings for site preparation and utilities would be $60,000. The City would only receive $45,000 of this amount, so the School could actually see a real dollar savings by selecting the Industrial Park site. • City of S Item 7.5. CIKRiver MEMORANDUM TO: Mayor & City Counc. FROM: Pat Klaers, City Ad ' e' DATE: April 31995 SUBJECT: School Public Works Building In the late 1980's, the School District was looking at the construction of a public works building. Eventually an arrangement was made whereby the City expanded its facility and rented space to the School District. As part of this agreement, the School helped finance the expansion and, in turn, the City has to repay the School some funds in the next few years. In about 1991, the City and School District combined their efforts and property and constructed recreation fields between the City public works building and the Community Education building. These fields are the Oak • Knoll fields. In the development of these fields, a building pad was reserved for the School public works facility. The School District is now ready to proceed with the construction of its public works facility. However, the School District has decided to expand its facility from the original concept and the building pad size in the Oak Knoll complex is limited based on the original proposal. The City has offered the School District a building site that we feel is better than the Oak Knoll site. This site is better in terms of its expansion opportunities and is a better overall location for this type of building. The option suggested by the City was the remaining lot that we have ownership of in the Industrial Park. (The City at one time offered this site to Tescom for $60,000 for their expansion. In the end, Tescom selected a different site.) The City has offered this Industrial Park site to the School District under what we feel are reasonable conditions. The School District currently has a free building site in the Oak Knoll complex. The City has indicated that the School could have the Industrial Park site for whatever "savings" that the School would realize on its utility and site preparation costs. The Industrial Park site is "developer ready" (sewer and water stubbed-in and the site 411 nearly ready for construction), while the Oak Knoll site is not. 13065 Orono Parkway • P.O. 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