HomeMy WebLinkAbout11/06/2003 EDAC Minutes 1
APPROVED
CITY OF LINO LAKES
ECONOMIC DEVELOPMENT
ADVISORY COMMITTEE
MINUTES
DATE: Thursday, November 6, 2003
MEMBERS
PRESENT: D.Gorowsky, K. Hansmann, H. Juni, T. Vacha, J. Milbauer, F. Chase, J.
Schwartz
MEMBERS
ABSENT: H. Karth
OTHERS
PRESENT: M. Divine
GENERAL/MINUTES
Minutes of September 4, 2003 were approved.
UPDATES
Ms. Divine stated that Panattoni and Miller Crossroads were approved.
LEGACY AT WOODS EDGE
Ms. Divine distributed the Preliminary Plat for Woods Edge, town center project that has
been submitted for approvals. The master developer, Hartford Group, Inc. is asking for a
rezone of the entire site to a PDO, with the Calthorpe Design Standards as the PDO
ordinance. They are also asking for preliminary plat approval, and site and building plan
approval for Phase 1, which includes 122 units of senior apartments above approximately
50,000 square feet of retail.
The YMCA site has been redesigned, moving it back behind a building that Hartford
plans to build fronting Town Center Parkway. This is a win-win situation for all parties,
because it provides the Y with a site where they have to be less concerned about double
entrances, the Hartford building will provide a better downtown street appearance, and
both projects will be able to share parking. The Y is redesigning their schematic plans to
incorporate these changes.
The TIF Plan to establish a 25-year redevelopment TIF district on the Tagg property will
be going to the council in November. This plan establishes the budget at the total amount
of taxes generated for the life of the district. It does not establish the amount of TIF the
developer will receive for the project. The budget allows for TIF to be used for
improvements to Lake Drive and potentially for the city’s portion of reconstruction of the
2
35W bridge. A portion of the project will be outside the TIF district, and will generate
taxes immediately.
The schedule calls for the Hartford application to go through the boards and be at the city
council sometime in February or March.
Meeting adjourned.