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Council approves redevelopment agreement to sell two city parcels to Kwik Trip
Summary
The Common Council approved a redevelopment authority report and a development agreement to sell two city-owned parcels near Banks Avenue and Belknap Street to Kwik Trip, with the city agreeing to contribute half of the sale price back to the company for site improvements.
The Superior Common Council on Aug. 19 approved a redevelopment authority report and a development agreement to sell two city-owned parcels near Banks Avenue and Belknap Street to Kwik Trip, a convenience-store operator, and provide funding toward site work.
The council action authorizes the redevelopment authority report and the development agreement with Kwik Trip Investments for the Quick Trip project and clears the way for the private acquisition and improvement of identified blighted property. The director of planning told the council the two parcels are being sold for $320,000 and the city will contribute $160,000 (half the sale price) back to Kwik Trip to help pay for site improvements, including soil work and filling a large hole on the site. The director said Kwik Trip expects to start construction in spring and that an alley vacation and site-plan and stormwater work will follow once Kwik Trip controls adjacent parcels.
Scott Teigen, identified in the meeting as Kwik Trip's chief financial officer, described product plans for the store, including compressed natural gas fueling at the site and that the location is about 2 acres in size. Teigen told the council Kwik Trip expects to hire about 32–35 employees for the store and emphasized the company’s in‑house food distribution and employee profit‑sharing model in describing operations.
Councilors made a motion and second and approved the resolution by voice vote; the clerk recorded an affirmative voice vote and the mayor declared the motion carried.
The resolution and redevelopment authority report that the council approved direct staff to proceed with the sale and related site actions; the council and planning staff noted additional site work, stormwater review, and an alley vacation will be required before construction can proceed.
The discussion and vote happened during the council’s resolutions block immediately preceding other redevelopment items. The council did not supply a roll‑call tally in the meeting minutes for this resolution; the motion passed by voice vote.
