ST. CLOUD -- The next step in the plan to redevelop the site of the current Technical High School and Media Center is expected to happen Monday.

The St. Cloud City Council is expected to approve a resolution accepting a letter of intent from District 742 to transfer the ownership of Tech and the Media Center to the city.  It is on the consent agenda for Monday's City Council meeting.

Mayor Dave Kleis says this step will allow the city to hire a consultant. He says that could happen in the next few weeks. Then the city would initiate a neighborhood and community-based redevelopment study to identify potential future uses. The goal is to have a vision for the future of the property by the end of the summer.

The city would then be able to put out a Request for Proposals for a private developer to come in and start working on the property. The actual transfer of the land would be after that.

This next school year will be the last one for the 101-year-old building.

On December 21st the school board approved the letter of intent to transfer ownership.

The Tech properties were recently appraised by Chadwick Appraisals out of Bloomington. Tech's land has a value of $890,392, and demolition/abatement would cost around $3.5-million, which leaves Tech having a net value of negative $2.6-million.

The media services building is valued at $1.3-million.

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