DATE: June 28, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Vernon Gerth, Assistant City Administrator - CED
Kelly Dannenfelser, Principal Planner
SUBJECT:
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Consideration of Resolution 2016-35, A Resolution To Be Entitled: “A Resolution To Defer A Decision About The Future Of The Property At 403 And 405 5th Avenue North, “The Hill Property,” Until Such Time As Improvements To Bicentennial Park And Hillsboro Road Are Finished And Associated Activity Can Be Fully Assessed, And The Existing Metal Structures Should Be Removed.” (06-28-16 WS)
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Purpose
The purpose of this memorandum is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the short-term status of the Hill Property.
Background
This Resolution has been introduced to formalize the recent discussions by the Board of Mayor and Aldermen regarding the short-term status of the Hill Property. A second option is for the Board to request staff to prepare a Request for Proposals for redevelopment of the Hill Property to gauge both interest and potential uses. Regardless of the option selected, staff recommends proceeding with the demolition of the existing structures, immediately.
Recommendation
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Staff recommends that Resolution 2016-35 be adopted.