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1993-095 o o o ) CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO: 93-95 RESOLUTION OUTLINING THE CITY OF HOPKINS POSITION ON THE CONSTRUCTION OF A PERFORMING ARTS FACILITY ON THE SUBURBAN CHEVROLET PROPERTY WHEREAS, the City of Hopkins has spent approximately two years analyzing the feasibility of constructing a performing arts facility in Hopkins; and WHEREAS, the City Council is interested in facilitating the construction of a performing arts center due to the economic and cultural benefits it will provide to the City of Hopkins; and WHEREAS, the City Council has expressed an interest in constructing a performing arts facility on the Suburban' Chevrolet property as part of an overall entertainment complex involving a movie theater and restaurant; and WHEREAS, the City has been approached by local performing arts organizations which have expressed an interest in being tenants in said facility; and WHEREAS, the city Council desires to express its position on the construction of said performing arts facility~ NOW THEREFORE, BE IT RESOLVED by the City Council of the city of Hopkins as follows: o The City Council supports the construction of a 24,000 square foot multi-purpose performing arts facility on the Suburban Chevrolet property with the understanding that the facility will be constructed to allow for its expansion in the future. Furthermore, the quality of construction of the facility will be consistent with the provisions outlined in the Vedi Report dated August 10, 1993. o The City of Hopkins commits $1.5 million towards the construction of the performing arts facility with the understanding that prospective users and, if necessary, other donors will raise the necessary funds sufficient to pay for the cost of the facility. The City of Hopkins desires to work in cooperation with a local arts board or similar group to achieve the construction of the facility. o The City of Hopkins commitment towards the construction of a multi-purpose performing arts center, as outlined in this resolution, is subject to numerous issues being resolved which include, but are not limited to, securing financially stable tenants, financial feasibility, design, success of fund raising efforts, and the construction of the other portions of the overall entertainment complex. o o o . RESOLUTION NO: R93-95 Adopted by the city Council of the city September, 1993. or erk