Dublin, Wendy's reach pact for Riverside-161 site
Dublin could soon own the Wendy's on the southeast corner of Riverside Drive and state Route 161.
A $2 million real estate purchase agreement for the 2.37 acres and restaurant is expected to go before Dublin City Council members for a vote April 8.
The $2 million land deal will allow Dublin to eventually make improvements at the intersection. Studies have been conducted to find solutions at the heavily traveled intersection.
A roundabout will likely be installed there.
"As council may recall, staff has been in discussions with Wendy's International Inc. regarding the purchase of this property due to anticipated improvements to the intersection at Riverside Drive and state Route 161/Bridge Street," a March 21 memo to council said.
"While several scenarios have been reviewed regarding this intersection improvement, all scenarios will likely impact the ingress and egress to the existing restaurant."
Wendy's was already planning another restaurant in the vicinity and in November rezoning was approved for 1.35 acres on the southwest corner of Dale Drive and state Route 161 in the Shoppes at River Ridge.
A 3,800-square-foot restaurant is planned with a new design, meeting room and area to display Wendy's memorabilia.
The company has touted the new location as a flagship for the restaurant brand and a place for employees to visit.
"Wendy's has been most cooperative with this purchase and intends to construct a new restaurant nearby," the staff report said.
The $2 million deal will be paid for with funds from the River Ridge Tax Increment Financing fund if approved, the staff report said.
The TIF has not yet earned $2 million, but "funds have been advanced from the capital improvements tax fund and will be repaid as service payments are received from the TIF district," the staff report said.
The purchase agreement will allow Wendy's to operate at its current location until the new restaurant is open. The city anticipates taking possession of the land no later than June 1, 2014, the staff memo said.
In other council news, an agreement for an on-site NAPA parts center at the Shier-Rings Road service center was approved last week.
"The operations of this center would include a full-time NAPA employee to handle all part research, acquisition, distribution and inventory control, freeing up time for the city's technicians and fleet administrator," the staff report to council states.
According to the agreement, Dublin would be billed monthly for parts and services.
City Manager Marsha Grigsby said the agreement will also give the city a better price on parts than the current state contract.
"We wanted employees to be free to do their job instead of running around (for parts)," she said.
Michelle Crandall, director of administrative services, said the city plans to ask Dublin City Schools if they want to use the parts center as well. The district's fleet is kept next door to the service center on Shier-Rings Road.
A few council members voiced concerns regarding accountability and the safety of the parts.
"Keep an eye on this," Michael Keenan said.