03-10-2008 CC MIN - Laserfiche WebLink

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City Councl Minutes Page 3 March 10, 2008 • Three units per acre density is too high. • Whether there is actually a need for senior housing on the east end of town... • Concern for setting a precedence with other developers. Mr. Dulak indicated that he may move forwazd with some preliminarq studies. 5.1.E. S ortech Ms. Mehelich updated the Council regarding the Sportech Expansion project and financing sources. She noted Sportech has significant equipment purchase needs and stated she is looking for Council authorization to proceed with a grant application in an amount of up to $500,000 from the MN Dept. of Employment and Economic Development (DEED). MOVED BY COUNCILMEMBER GUMPHREY AND SECONDED BY COUNCILMEMBER FARBER TO AUTHORIZE STAFF TO PROCEED WITH APPLYING FOR A GRANT FROM DEED. MOTION CARRIED 4-0. S.1.F. TIF Financinn Ms. Johnson stated she received a request from a developer who would like to gauge the Council's interest in providing TIF financing fox a project. She outlined the project as a 60 unit apartment building that would be located on an outiot neat to Pullman Place. Ms. Johnson stated the developer wanted the funding because he felt the Planned Unit Development requirements for an underground pazking facility and an upgraded facade were unusual and not Feasible for him. She stated the applicant proposes, in accordance with • statutory TIF requirements, that 40% of the rental units be For affordable housing at GO income requirements. She stated they would be requesting a 15 year pay-as-you-go TIF note (approximately $750,000). The Council indicated they were not interested in pursuing TIF Financing for this project. It was noted that there is an apaztment shortage in the city and this location is close to the Northstaz tail line and shouldn't have a problem being rented out. S.1.G Auburn Petition Councilmember Morin submitted a petition fox staff to review. The petition states the residents of 701-726 Aubum Place would like [o dedicate their private road to the aty for maintenance. 5.2. Update on Pinewood Golf Course Ms. Johnson stated the Mayor asked for an update on Pinewood. Because Mayor I{linzing is absent tonight due to a funeral, only an overview will be presented and a more detailed presentation will be made at a future worksession. Bill Maertz, Parks and Recreation Director and Paul Anderson, Golf Course Manager will be at that meeting to answer questions. Ms. Johnson started by stating that the golf course is in excellent condition. She stated that the General Fund will subsidize operations again this year. In order to increase revenue the number of rounds sold needs to increase. Expenditure reductions will come through new staffing procedures that have been put in place to control personal service costs. She stated operating expenses axe more difficult to reduce because they are for . grounds maintenance. There were some start-up costs that were needed when the course