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City Council Minutes Page 3 <br /> November 8,2004 <br /> the EDA would be$1,205,600, not including price of land. This is with 45 developable <br /> acres. To develop a Phase 1 area with approximately seven lots would cost$500,000 to <br /> $600,000. <br /> She is inquiring from the EDA and Council if it is time for the city to get into this business <br /> and wishes approval to proceed. <br /> The following comments were expressed: <br /> • Would like to see more activity; <br /> • Potential projects should be made available; <br /> • Should encourage Brown property to develop; <br /> • Been waiting for other projects/areas to take off—it's time for the City to move <br /> ahead; <br /> • The developers aren't filling the needs; <br /> • Would like to move forward first with Cargill land because the City is lacking light <br /> industrial land; <br /> • Some current industrial businesses are land locked. <br /> It was the consensus of the EDA and Council to have staff move forward in developing a <br /> strategy. The EDA meeting adjourned at 7:35 p.m. <br /> 4.3 Overview of Greater MN Housing Fund Growth Corridor Initiativc Conference and <br /> Consider Pre-Application Submittal for Initiative Program <br /> Director of Planning Michele McPherson explained that at the November HRA meeting, <br /> . the HRA had discussed the Greater Minnesota Housing Fund's (GMHF) Growth Corridor <br /> Initiative program and whether or not the HRA should consider submitting a Pre- <br /> Application for the program. It was the HRA consensus that the City Council should <br /> consider the submittal. <br /> The program will respond to issues affecting high-growth communities located at the edge <br /> of the seven-county metro area. Four elements to the program include: coordinated <br /> planning;land use;housing;and community participation and local control. She explained <br /> that a city received up to$50,000 for technical assistance. She explained that this program <br /> won't initially help the city buy land but this program could lead to grant money that could <br /> be used for this purpose. The money obtained from this program would be geared toward <br /> technical assistance in looking at new development or new redevelopment. <br /> Councilmember Tveite felt that it was not worth the staff's time to fill out the application. <br /> He stated that we have staff talented enough to research these issues and can do these items <br /> on our own. The rest of the Council concurred. <br /> Acting Mayor Motin called for a recess at 7:56 p.m. The meeting reconvened at 8:01 p.m. <br /> 4.4 Discussion on Natural Resource Inventory Reports/Project <br /> Director of Planning Michele McPherson introduced Paul Bockenstedt and Liza Gould <br /> from Bones troo&Associates who prepared the Natural Resources Inventory Draft Report. <br /> Mr. Brokenstedt and Ms. Gould provided an overview of the report contents and reviewed <br /> the recommendations. <br />