10/15/1985 Council Minutes - Laserfiche WebLink

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135 Page Two SPECIAL MEETING October 15, 1985 Mayor Benson said the City is looking at developing an industrial park. Mr. Jensen said he felt this was a good use of TIF, especially when economic development district is created. A district meets the intent of the state statute in that it creates employment opportunities and ultimately builds a tax base. He suggested getting a developer in at the beginning because he may be able to do some of the sewer and water work using TIF. He said that Lino Lakes has a lot to offer since both 35E and 35W run through the City. He felt the City should be talking to developers because if sewer and water can be brought in very reasonable land can be .offered. Mr. Karth told Mr. Jensen what the Economic Development has looked at for development. Four printing companies have looked at this area.; Mr. Jensen asked if the Ci-zy has a development company. Mr. Karth said they have considered this. He explained Wyoming, MN purchased land, installed the utilities and then sold the property for indus- trial use. Mr. Jensen said the Partnership is also looking at . setting up a County -wide development.company. Mr. Karth said the Economic Committee would like an expert to come in and advise them to see whatever route is chosen is correctly carried out. They would like help in setting up guidelines as well as other services. Mr. Jensen explained consultants charge from $40 per hour to $100 per hour. Before a consultant is hired, the City should sit down and determine what it wants to accomplish. He said he would be willing to help in this area. There could be several ways to accomplish those goals; explore TIF, development company or talk to individual developers. What is the potential for this area? Mr. Reinert suggested that Mr. Jensen work with the Economic Development Committee and develop a strategy, or determine what the City should accomplish. Mr. Marier suggested that when the Economic Committee and Mr. Jensen come to a conclusion then they should bring their ideas to the Planning and Zoning Board. Mayor Benson told Mr. Karth there is some money in their budget to spend for a consultant if necessary. Mr. Karth and Mr. Jensen will be in contact with each other to start working on this matter. Mr. Jensen said he had asked all municipalities in Anoka County to put together a list of all available industrial and commercial sites in •their municipalities so that when the Partnership receives inquiries from developers they can refer to these lists. He felt the list received from Mr. Tesch was the most concise of any he received. Mayor Benson thanked Mr. Jensen for spending time with the Council tonight and asked Mr. Karth to work with Mr. Jensen and to include the City staff in any meetings. Mr. Marier moved to adjourn at 6:42 P.M. Mr. Bohjanen seconded. Aye.