10. PRSR 11-14-2001 - Laserfiche WebLink

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immediate request, I think that the city and EDA need to put together a policy that will address future requests. Locating these facilities on BP property out east would reduce the inventory of land which the EDA owns by up to 50%. However, to offset this loss, the city has been working on a long- term (20 year) agreement with Cargill regarding their 1998 public improvement assessments, land use of their property,and a land donation to the city that may net us as much as 40-60 acres of developable property for BP projects. The exact amount of land is subject to some ongoing discussions and negotiations between Cargill and the Northstar Corridor group as it relates to the proposed maintenance facility. The property that the city would obtain is south of 171s` Street next to Morrell Trucking. Additionally, the city is always exploring opportunities to enhance economic development and to obtain BP property much like what happened in the late 1990s when two west business park lots were purchased. This property is now the home of two office buildings. Furthermore, the city most recently indicated its desire to purchase another BP lot directly south and across the street of the Holiday Station. These type of efforts are likely to continue. The second issue and reason for this worksession deals with business park sites and development opportunities for the one and a half acre requests. This seems to be the majority of the requests which we are receiving and which there are no properties-available.The East Business Park, controlled by Amcon, has lots for larger developments and plans for 50,000 square foot buildings so this area is not geared toward the smaller businesses.The West Business Park is not scheduled to have one and a half acre lots available until further in its development scheme and this may be three to six years out. The Gagne property out west(and just east of the government center) on the service drive is ideal for one and a half acre development but the land price has been too high for the market. Under perfect conditions, the EDA would purchase this property and have about 10-12 lots of an acre and a half each for development. Issues regarding this situation include having money available for this acquisition. Another option for the EDA in order to fulfill this need may depend upon the decision about land donations. If the EDA property ends up to be only 20 acres of BP land, then a cul-de-sac could be constructed off of the new Twin Lakes Road and 10-12 lots that are an acre and a half each could be developed. This certainly seems reasonable and something to consider. In general,we have been holding this land until the West Park and the Amcon Park are further developed but we may need to do something now to address this development need. In the not to distant future,we should have Cargill property available to market but we have to see what is going to happen with the Northstar Corridor project. This land requires infrastructure improvements and overall this project is 5 years away except for a lot or two right on 171 Avenue. Regarding acre and a half lots without sewer and water,we currently have a request for a subdivision of industrial property down in the southeast part of the city off of Jarvis Street. If this development moves forward then there will be a more than adequate inventory of sites for this type of development.