Item Coversheet

4.D.


Shakopee Economic Development Authority
September 4, 2018


FROM: Michael Kerski, Director of Planning and Development 
TO:President and Board Members
Subject:
Sale of former city hall site to Enclave Development or its assigns
Policy/Action Requested:
Approve Resolution for the sale of former city hall site to Enclave for redevelopment and construction of a mixed use building.
Recommendation:
Approve Resolution No. E2018-023 Approving Conveyance Certain Real Property to Enclave Development LLC or its assigns for the redevelopment of the former city hall site
Discussion:
The EDA and city council have previously approved a TIF for the redevelopment of this site.  Enclave will still need to have a Contract for Private Development approved.  Once this is approved, they will complete their final design work to move the project forward.  The Council/EDA should see a Private Development Contract in the next several months.  I have attached their latest renderings along with the conceptual site and floor plans.
Budget Impact:
ATTACHMENTS:
Description
Resolution
Renderings
Concept plans