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<br />SECTION 1 - PROJECT PLAN <br />FOR TECHNOLOGY CENTER <br /> <br />Subsection A. <br /> <br />Forward <br /> <br />This document constitutes Sherburne County's Project for the proposed Technology Center to <br />be located within Redevelopment District NO.2. <br /> <br />Subsection B. <br /> <br />Statutory Authority <br /> <br />The statutory authority empowering the County to establish the Redevelopment District is <br />Minnesota Statutes Chapter 469, Economic Development, Housing and Redevelopment <br />Authorities. This Redevelopment Program has been prepared in accordance with the applicable <br />provisions of Chapter 469. <br /> <br />Subsection C. <br /> <br />Project Description <br /> <br />A major provider has proposed construction of a technology center for itself in Elk River, <br />Minnesota. The facility is sited at the intersection of Business Center Drive and Waco Street <br />within the existing Elk Path Business Center Third Addition plat. <br /> <br />The building will be constructed on two lots: an existing lot of 3.88 acres that is presently in <br />private hands and a 16.88 acre area that is presently owned by the County of Sherburne. The <br />proposed hard surface covers only a portion of the total lot area. The building itself will meet all <br />applicable setbacks. Landscaping and security measures will be taken to minimize the visibility <br />of the site to make it unobtrusive to the surrounding area. Excellent building finishes, integrated <br />storm water ponding, and the absence of large commercial signage provide a corporate <br />campus-like appearance that is unique for a business park development. <br /> <br />The Technology Center is a facility constructed with the primary purpose of housing computers <br />that are used to store and process data. The proposed facility is a heavy user of municipal water <br />to cool the facility, and generates high wastewater flows that generally require relatively low <br />treatment. The facility also has high electric power demands. These demands will generate a <br />steady revenue stream for a growing city that is looking to expand its infrastructure. <br /> <br />In spite of its size and utility demand, the building generates low traffic volume for minimal <br />impact on the existing roadway system. The building generally has approximately less than a <br />two dozen employees on site at a given time, and therefore minimal parking will be needed <br />compared to similar sized commercial buildings that have a significant need for employee <br />parking. <br /> <br />Corporate technology sites were evaluated throughout the metropolitan area. Typically, if a <br />technology center is built such as the Target Technology Center on Waco Street, the <br />infrastructure for a second site is in place and can be readily located in the same vicinity. <br />Generally speaking, the existing infrastructure provides the capability to site a technology <br />center, and the site location provides the secure environment with its proximity to the law <br />enforcement. <br /> <br />2 <br />