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HomeMy WebLinkAbout05/02/2024 EDAC Minutes CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: May 2, 2024 TIME STARTED: 8:02 a.m. TIME ENDED: 9:27 a.m. MEMBERS PRESENT: Andrew Cravero, Blakely LaCroix, Chris Spenner, Patrick Kohler, Nathan Vojtech, Jim Schueller, Keith Hembre, Chad Wagner MEMBERS ABSENT: Steve Marchek, Don Johnson STAFF PRESENT: Michael Grochala, Julie Whitney 1. CALL TO ORDER Mr. Schueller called the Economic Development Advisory Committee meeting to order at 8:02 a.m. on May 2, 2024. 2. APPROVAL OF MINUTES Mr. Cravero made a motion to approve the April 4, 2024 meeting minutes. Motion was supported by Mr. Vojtech. Motion carried 8 - 0. 3. DISCUSSION ITEMS A. Industrial Project Approvals. Marshan Industrial Park Two industrial development projects are currently under review in the Marshan Industrial Park. Additionally, Planning and Zoning Board has requested consideration of a Lake Drive Architectural Overlay District. The City Council approved a Conditional Use Permit for Lariat Companies, Inc., to construct a multi-tenant industrial and indoor self-storage building on the south half of the property. The north half is occupied by Lino Lakes Storage (mini storage). The project includes 11 bays available for small business startups or construction related uses. During the review of the Tech Center project, the Planning & Zoning Board proposed the creation of a Lake Drive Architectural Design Overlay District. The intent would be to have an increased design requirements for buildings adjacent to Lake Drive. Staff will be preparing a project scope for consideration at a future meeting, but is requesting discussion by the EDAC. APPROVED MINUTES Economic Development Advisory Committee March 2, 2023 Page 2 Mr. Grochala said potentially a study would be done to look at the industrial and commercial areas to determine design requirements in that area. Mr. Schueller expressed a desire for EDAC to be part of the planning process. B. Project Updates Mr. Grochala updated the committee on current City projects. There was a lengthy discussion on the moratorium and the water situation for new developments. A question was raised regarding financial securities and whether the City had any specific requirements. Mr. Grochala explained that the city require security in the form of cash or letter of credit at 150% of the public improvement costs. He stated he would need to look into any specific bank requirements. 4. ADJOURNMENT Mr. Cravero made a motion to adjourn the meeting at 9:27 a.m. Motion was supported by Mr. Hembre. Motion was carried 8 - 0. Respectfully submitted, Julie Whitney, Community Development Administrative Assistant APPROVED MINUTES