City Council - Property Committee

Property Committee Minutes 9/8/2022 18:00 Meeting was remote Present JP Kwiecinsk: chair, Owen Zaret: clerk, Homar Gomez Minutes Minutes from 8/17/2022 will be reviewed, no vote Public speak Michael Budnik Spoke about his interest in preserving Pepin auditorium Active in community theater Agenda School reuse Kwiecinski asked if there were needs by the city Jeff Bagg: There has been no department that has approached the city with a need or ability to take on the buildings COA not interested. Library took vote and not interested Kwiecinski: stated that no one asked the library about a portion of the library Kwiecinski: mentioned cost of buildings to operate as schools. Asked about costs for individual schools Emily Innes presented (see video) Reviewed changes made in the most recent draft Talked about spaces gym, cafeteria auditorium and private public partnership Reviewed pro forma draft and explaining costs to city Reviewed evaluation criteria Kweicinski: asked why center and Pepin treated as one site Continued to review criteria Zaret: happy with edits Kwiecinski: edits are better Consultant continued to review Discussed revenue projections Jeff Bagg: discussed the process when the RFP is approved Discussed setting low prices to entice developers Should expect a developer to ask for CPA funds Possibly 300k per building Bagg: Reviewed minimum number of affordable units 40B is 20% 40R IS 25% should we set a minimum Wording around public private partnership may include: expect, consider, anticipate, entertain Mike Owens: State funding sources will look favorably on an easier acquisition Emily: Weighting can move at a parallel track while waiting for applications Councilor Gomex left at 19:00 Zaret motioned to adjourn seconded by Kwiecinski Voted 2-0 to adjourn at 19:07