01-10-2005 EDA MIN - Laserfiche WebLink

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Economic Development AuthoriryMinutes January 1Q 2005 5. Annual Meeting Election of Officers MOTION BY COMMISSIONER KLINZING AND SECONDED BY COMMISSIONER FARBER TO APPROVE THE FOLLOWING APPOINTMENTS /ASSIGNMENTS: PRESIDENT -JEFF GONGOLL VICE PRESIDENT -PAT DWYER SECRETARY - PAUL MOTIN TREASURER - DAN TVEITE ASSISTANT TREASURER -JERRY GLJMI'HREY MOTION CARRIED 7-0. 6. Consider Conceptual Layout for EDA Brown Business Park Property Page 2 Ms. Mehelich provided background information regarding the development of the 60 acres of City-owned land and 45 acres of EDA-owned Brown property, in order to encourage industrial development. She reviewed the City's objectives to put all industrial land in Elk River on a level playing field in price and financing assistance. Ms. Mehelich explained that the EDA directed staff to develop a Request for Proposals (RFP) for the Brown property and the drafr conceptual layouts for both the EDA Brown and City-owned properties. Staff requests the EDA's feedback on the drafr RFP. Ms. Mehelich then reviewed the concept layout for the EDA Brown property, noting possible budding sizes on the various lots, access and site constraints such as the gas line, wetlands, and access points. President Gongoll asked for clarification on the wetlands. Ms. Mehelich responded, noting that the newly adopted wetland buffer ordinance has not been factored in. Discussion followed regarding the proposed YMCA site on the properly, drainage ponding, and costs of improvements. Sid Inman of Ehlers & Associates noted that based on the new tax increment generated by new development on the property, the city can be paid back for the cost of the improvements and land. Commissioner Motin stated he did not see any reason not to include the YMCA site in the RFP. Ms. Mehelich stated that the RFPs could be sent out February 1 for a response by March 1. Mr. Inman noted that developers typically would need plans by March 1~ for development by September. Ms. Mehelich stated that the manufacturing prospect needs to sell their existing property, but they hope to scar[ construction in 9 - 12 months. Commissioner Motin asked if the company site would affect the RFP responses. Ms. Mehelich stated that it may help generate more interest. Commissioner Moon asked if the RFP could be offered both with and without the prospect site. Mr. Inman stated that they debated this issue, since there is some oppommity there and recommended a statement that there is a pending development and knowing this, they may include the lot in their concept with that understanding. Ms. Mehelich asked for comments regarding the RFP. Commissioner Tveite stated that Section 3 regarding goals mentions "increased customer base for retail", and that he would not want any confusion, since their goal is not retail.