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1. Bowling Alley UpdateMEMORANDUM CITYOF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen MN 55317 Administration Pho,~e 9522271100 Fax 9522271110 Building Inspections Phone: 952227 1180 Fax: 952227 1190 Phone: 9522271160 Fax: 952 2271170 Finance Phone: 952 227 1140 Fax: 952227 1110 Park & Recreation ?hone: 952227 1120 Fax 952 227 1110 Recreation Center 2310 Coulter Boulevard Pi:one: 952227 1400 Fax: 952 2271404 Planning & Natural Resources Phone 9522271130 Fax: 952227 !110 Public Works 1591 Park Road Phor/e: 9522271300 Fax: 9522271310 Senior Center Phone 9522271125 Fax: 9522271110 Web Site www ct chanhasser~, mn us TO: Todd Gerhardt, Executive Director FROM: Justin Miller, Assistant to the Executive Director DATE: January 21, 2004 Cf }'ZS-~~: RE: Bowling Alley Update BACKGROUND At the January 12th EDA meeting, staff presented an update on the status of the bowling alley redevelopment project. At that time, there were concerns regarding the status of negotiations between Market Street Station and Chanhassen Cinema representatives. Due to several reasons, those negotiations came to a halt in mid- December. At the January 12th meeting, the EDA asked for another update at the next meeting. Since January 12th, Market Street Station and Chanhassen Cinema representatives have met and it appears that the major unresolved issues (mainly the release of a parking easement over the bowling alley property by the Cinema) have been agreed upon. This is excellent news, and should allow for final work to commence for closing on the project. Staff has invited representatives from Market Street Station and Chanhassen Cinema to attend the January 26th EDA meeting to be available for any further questions. RECOMMENDATION No formal action is required, however staff recommends that the EDA ask Market Street Station and Chanhassen Cinema representatives to commit to having a closing date as soon as possible. The City of Chanhassen · A gr )',,~,'in(j comrr'Jnity with clean lakes quality schools a ,charming downtoc:n, !hr vin!] busirxssses v~,'ind~ng trai!s and Deautlful parks A ,: real ;,lace fr, i,',¢'p ¢.ork and I)~