02/28/2005 Council Minutes - Laserfiche WebLink

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COUNCIL MINUTES February 28, 2005 APPROVED •192 Councilmember Stoltz noted Schwan's has been a long-term employer in the City. He indicated the 193 Council hears constantly about the need for beautification of this side of the freeway. He agreed with 194 Councilmember Reinert that by denying this subsidy they run the risk of Schwan's leaving Lino 195 Lakes and taking their jobs with them. He stressed this is not something that will tax the residents of 196 Lino Lakes; it will provide new tax revenue that the City agrees to forego for a few years, and it 197 meets all of the City's requirements and expectations for such a subsidy. He stated he fully supports 198 the subsidy and appreciates the jobs Schwan's brings to the city, as well as their involvement and 199 support of the community. 200 201 Economic Development Coordinator Divine reiterated the City would be gaining improvements on a 202 site that in five years will be on the City's tax rolls, as well as a larger tax base on the existing 203 Schwan's site when a new building is constructed. 204 205 Vote: 3:2 Councilmembers Carlson and Dahl opposed. Motion carried. 206 207 Resolution No. 05-14 can be found in the City Clerk's office. 208 209 D. Consideration of Resolution No. 05-15, Approving YMCA Development Agreement, 210 Michael Grochala 211 212 Economic Development Assistant Divine summarized the Staff report, indicating that Staff is 213 recommending approval. 214 .215 Councilmember Carlson questioned if this was a preliminary development agreement, with a final 216 agreement brought to the City Council at a later date. Economic Development Coordinator Divine 217 indicated this is the development agreement; however, additional agreements will be brought forward 218 as the project progresses, including a financing agreement. She stated this agreement provides the 219 YMCA with a comfort level that the City is committed to this project. 220 221 Councilmember Reinert clarified that the City has committed $1,500,000 to this project, and this 222 agreement is an endorsement of that figure. Economic Development Coordinator Divine stated that 223 was correct, noting it also provides information on what the City's residents will receive in benefits 224 from the YMCA as a result of the City's commitment. 225 226 Councilmember Dahl moved to adopt Resolution No. 05-15 approving the YMCA Development 227 Agreement. Councilmember Reinert seconded the motion. 228 229 Councilmember Carlson expressed support for this building, and noted that with the new clinic 230 opening it presents the possibility of a good collaboration between staffs. She indicated she is 231 looking forward to the YMCA, but urged the Council and Staff to be cautious when going through the 232 terms and conditions of financing. 233 234 Mayor Bergeson noted that a community center has been part of the vision of the City Hall and Police 235 Station area since planning began. He indicated the City looked at several organizations and felt the 236 YMCA was the best fit. He stated this was envisioned to be the Lino Lakes Community Center rather 237 than just another YMCA, which is why it is next to City Hall, and the City has agreed to provide this Alk238 assistance. W239 5