HomeMy WebLinkAbout11/05/2020 EDAC Minutes
CITY OF LINO LAKES
ECONOMIC DEVELOPMENT
ADVISORY COMMITTEE
MINUTES
I. CALL TO ORDER
Chair Schueller called the Economic Development Advisory Committee meeting to order
at 8:02 A.M. on November 5, 2020.
II. APPROVAL OF MINUTES
Mr. Cravero made a MOTION to approve the October 1, 2020 Meeting Minutes. Motion
was supported by Mr. Vojtech, passing unanimously.
III. DISCUSSION ITEMS
A. Letter of Intent, Purchase of Lots 12 and 13 Carole Estates 2nd Addition
Mr. Grochala, Community Development Director, presented the staff report. The City of
Lino Lakes owns 2.01 acres of property located at the NW corner of 77th Street and Lake
Drive. The City recently received an offer to acquire this property. In addit ion, the
company, Vaquero Ventures Management, is also considering adjacent property to the
south that would allow for additional redevelopment and realignment of 77th Street as
planned.
Mr. Colgan commented he thought the price per square foot was a good value.
Mr. Cravero asked if the Cit y would be obligated to build the future road improvements
and development if the property is purchased. Mr. Grochala stated the City would not be
obligated to build any additional redevelopment or road improvements; however , the end
user may need it to happen in order to make it a viable site. Mr. Grochala explained that in
DATE : November 5, 2020
TIME STARTED : 8:02 A.M.
TIME ENDED : 8:40 A.M.
MEMBERS PRESENT : Jim Schueller, Thomas Colgan, Andrew Cravero,
Nathan Vojtech, Don Johnson, Julie Jeffrey-
Schwartz, Patrick Kohler
MEMBERS ABSENT : Chad Wagner
STAFF PRESENT : Michael Grochala, Janele Waterman, Jessica Eller
Economic Development Advisory Committee
November 5, 2020
Page 2
APPROVED MINUTES
the past they have been somewhat contingent on not selling unless these improvements
were incorporated into the project.
Mr. Vojtech asked if the community gardens, which are currently located on this property,
would be relocated. Mr. Grochala stated the City is interested in relocating the gardens and
is in the process of identifying suitable areas.
Ms. Jeffrey-Schwartz commented that if the City can facilitate this development and have
an equitable cost share that is satisfactory between the developer and the City, it is a good
play to position the City to be ready for development in the future.
The committee recommended the City proceed with some caveats and that the project be
developed as an integrated site.
B. Project Updates
Mr. Grochala updated the committee on the passage of the bonding bill which included
funds for the County Road J and I-35E interchange. He also provide an update on
Lennar ’s Watermark devleopment, the Northeast drainage project, and the status of the
Chain of Lakes YMCA.
IV. ADJOURNMENT
Mr. Cravero made a MOTION to adjourn the meeting at 8:40 A.M. Motion was supported
by Ms. Jeffrey-Schwartz, passing unanimously.
Respectfully submitted,
Jessica Eller, Community Development Intern