3.0. EDSR 04-08-1996 - Laserfiche WebLink

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The other situation that should be reviewed by the EDA, although it may be • mainly a City Council issue, is the LeFebvre and Sons, Inc., request regarding the relocation of their trucking business. This company is soliciting proposals from a number of communities in order to determine what financial incentives are available. Two key issues in Elk River are the upgrading of 171st Street and future sewer and water assessments. A third issue is the signalization of 171st and Highway 10. The 171st situation is being evaluated by the city engineer. In 1989, a feasibility report was completed which indicated that the cost to upgrade 171st to a 46 foot street from Highway 10 to the railroad tracks would cost in excess of$250,000. If a trucking operation or two were to locate on this street, it should then need to be constructed to 52 feet. Adding inflation since 1989 will bring the project in at well over $300,000 in 1996. We are working on having this route established as a municipal state aid route (MSA). In this manner, state funds can be used for the upgrading of this road in addition to possible assessments to benefited property owners. However, it would be difficult to give a"free" road to LeFebvre (and maybe Morrell) and then assess out some of the costs to other benefited property owners. If a condition for LeFebvre to locate at their site is that a signal is installed at Highway 10, then we may be in a losing situation. I don't believe that we 41) will see a Highway 10 signal at this location for a number of years and at least until the road is connected on the east side of the railroad tracks up north to 173rd and maybe even further north to County Road 12. Please see the attached 1989 feasibility report on this project for more information on the upgrading of 171st: No discussions that I am aware of have taken place regarding additional incentives such as TIF funding for the LeFebvre site. s:\eda\meetings\48wksnmm.doc 110