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COUNCIL MINUTES SEPTEMBER 10, 2001 <br />Center and the YMCA. It would be fine if Target came here with no money and no issues on 77th <br />Street. She stated she called the City of Blaine and they indicated they owned the land. Wal Mart <br />gave $500,000 to get in there plus $5.00 per square foot. Target also gave a check to Blaine for <br />$100,000 for the parks with an indication there would be more in the future. She stated she has not <br />seen that here. Commercial development is needed, but at what cost? <br />Council Member Dahl stated she is very disappointed in Ryan and Target. She stated she asked for a <br />CEO to attend a meeting and last meeting got a real estate agent. She indicated she was unaware of <br />any ad for employment and the ad was very disrespectful to the Council. The reason for a subsidy <br />was to create new jobs and it was supposed to be jobs for the City of Lino Lakes. She stated she has <br />lived here for 101/ years and she shops where she has to go for other errands. Kids do need jobs. <br />She advised she abstained from the last vote to keep the door open. She met Thursday to reconsider <br />the issue. She stated she also went the EDAC meeting Thursday morning. EDAC only supports an <br />abatement for five (5) years, not with interest and waived fees. The issues on 77th Street have not be <br />resolved satisfactorily because of the right in/right out. She stated Target and Kohl's could be better <br />neighbors and work with the residents on 77th Street. Most of the Council embers do want the <br />issues resolved on 77th Street. There is also the issue of the need for f • lights with very little <br />space between them. She added she believes in a second access . nb _ht out at the second <br />access, not 77th Street. Traffic is also a major concern. <br />Mayor Bergeson stated the question is why would the c to a t a multi -billion dollar <br />corporation. The two -(2) reasons include that the _ to ite is inadequate for a project of this <br />size. The cost of the improvements is about $2 hon d will be assessed back to the businesses. <br />The assistance is to help with the improve » - • e .r d. The City could have done it another <br />way, which might have been easier to e ,, m' he o er reason is that the interchange is the only <br />commercial interchange in the Cit. u. ` dings and construction are desired. The City <br />wants a high quality develop • i e C'. Hall, bank and clinic. Staff has worked with the <br />developer to make improv ® o t : ite that will be of a higher quality. The developer did not <br />have to agree to that. he Ci uld have gotten a typical big box development. There are costs <br />associated with qualit -_'� xe: op nt. <br />Mayor Bergeson reitera s there has been a lot of misunderstanding about tax abatement. Abatement <br />does not take citizens taxes and give it to the developer. The amount being abated is the developers <br />property taxes given back to them to help pay for the assessments and quality features. Wetland <br />issues have been resolved with the County and the golf course will be improved because of it. The <br />concept of assisting businesses is not a new concept to the City. It has been done before, such as the <br />Glen Taylor project, which is almost to the end of their time period. The but/for criteria is not <br />necessary for abatement, but it does fit this project. He stated he is very proud of the staff who <br />worked on this project and they have done a great job negotiating the subsidy. He thanked staff and <br />he stated this will be a quality project. <br />Council Member Carlson stated she has been in Lino Lakes for 28 years and has learned a lot about <br />the history of the community. This is not a wealthy community. Target has not produced any <br />information showing their need. Kohl's shows a bigger profit than Target. There has been no market <br />study and it is hard to justify a subsidy, although there are justified costs. She stated she can support <br />14 <br />