03-04-2024 Council Work Session Packet

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CITY COUNCIL WORK SESSION STAFF REPORT ITEM NO. 4 STAFF ORIGINATOR: Michael Grochala, Community Development Director WORK SESSION DATE: March 4, 2024 TOPIC: Mountain Manufacturing Expansion ______________________________________________________________________________ BACKGROUND City staff has been working with Mountain Manufacturing Technologies (400 Apollo Drive) on a proposed expansion of their existing facility. Mountain Manufacturing is a full service precision manufacturing business providing R & D, production, and machining services to the medical device industry. They are currently proposing a 41,000 SF addition to their existing building. The City’s EDA took action to acquire the adjacent 2.03 acre tax forfeit property from Anoka County to facilitate the expansion. A purchase agreement was subsequently approved in January with MIT, USA, Mountain Manufacturing’s, property holding company for that property. In addition to the tax forfeit property, Mountain Manufacturing is requesting conveyance of adjacent unused parcels to the north and northeast of their property. These parcels consist of former street right-of-way and remnant land from the Apollo Drive construction project. These parcels are necessary to accommodate additional parking required by the expansion. Utility easements, covering in place municipal and private utilities, will be retained by the City over the properties as necessary. Staff is currently working through title issues with one of the proposed parcels relating to its original acquisition in the mid 90’s. Compensation Public right-of-way reverts back to the abutting property when vacated. The .38 acre remnant parcel (PID 17-31-22-23-0013) is partially encumbered by a telecom easement and not buildable on its own (Market Value of $13,000). To facilitate development of the property and in recognition of the new tax base created the property is proposed to be 12