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HomeMy WebLinkAbout03/04/2004 EDAC MinutesAPPROVED CITY OF LINO LAKES ECONOMIC DEVELOPMENT ADVISORY COMMITTEE MINUTES DATE: Thursday, March 4, 2004 MEMBERS PRESENT: K. Hansmann, H. Juni, T. Vacha, J. Schwartz, H. Karth, S. Rymer, J. Helgemoe MEMBERS ABSENT: D. Gorowsky, F. Chase OTHERS PRESENT: M. Divine, D. Carlson GENERAL/MINUTES Minutes of January 8, 2004 were approved. New members were introduced. ELECTIONS Ms. Schwartz nominated Mr. Juni for Chairman. Mr. Karth seconded the motion. Motion passed unanimously. Ms. Hansmann nominated Ms. Schwartz for vice-chair. Mr. Karth seconded the motion. Motion passed unanimously. EDAC members requested that P&Z be approached about appointing a liaison to attend. UPDATES LEGACY AT WOODS EDGE Ms. Divine explained that Hartford Group and SEH attended the previous night’s council work session. SEH demonstrated a traffic simulation that showed traffic breakdown of the 35W bridge in 2010 with the planned traffic improvements to Lake Drive. The bridge is not on the county’s CIP, but with development it may get pushed forward. The city will have to participate in the construction of the bridge. The next step will be to order the feasibility report for the Woods Edge improvements. Discussion ensued about city participation toward cost of the bridge, and assessing benefiting business in the future. The 35E interchange will also come into play when working with the county and MnDot. Ms. Divine explained that the Hartford Group market study was completed. It showed a weak market in commercial due to lack of rooftops and commercial competition, but there is a market for entertainment/restaurant uses. The developers have been working 1 with several restaurant users. They are also studying the senior market more closely to determine what type of housing will best compete with new projects in proximity to Lino Lakes. The council will be considering the first reading of the rezone to PUD and the preliminary plat at the next council meeting. This will give the city and developer a consensus of what will be built, while maintaining flexibility in uses. YMCA GRANT APPLICATION Ms. Divine stated the Anoka County HRA has recommended the county approve a $150,000 Community Development Block Grant for construction of the YMCA teen center. The final county approval is expected in April. EAST SIDE REHBEIN PROPERTY Ms. Divine informed the board that a developer will be addressing the city council at a special work session on March 22 to discuss a planning process for master planning the entire site. This is an opportunity to get the community involved to come to agreement on the direction for the 35E corridor. A next step would be to have a joint meeting of the council and boards. TIF UPDATE Staff discussed it would be an appropriate time to have a TIF review at the time the Hartford Group submits and application. Springsted will be asked to provide that. Mr. Juni said it would help other boards and committees to have a TIF review before a request gets to council level so that they can make informed recommendations. 2003 YEAR IN REVIEW Ms. Divine reviewed the EDAC mission statement, the accomplishments in 2003, including decertifying three TIF districts which generates about $230,000 in city taxes, opening up Marshan Lakes Industrial Park and the construction of the Panattoni building, Spirit Hills Commercial Center, the DQ, Discount Tires, the JADT development, Apollo Center, and master developers for Woods Edge. Added project value is $16 million, including what is under construction. The goal of economic development was $8 million/year. That has been met or exceeded overall. Another goal was to increase the percent of C/I tax base from 4% in 1994 to 15% by 2020. It is currently at 7%. TIF UPDATE Members suggested waiting until a TIF seminar to discuss TIF issues. Ms. Divine stated members had requested information about what TIF districts have generated and have they done what was intended, along with comparisons of what other cities are doing. This can be brought to a future meeting. Ms. Carlson stated Springsted sent a letter offering to do a TIF workshop. Ms. Schwartz suggested inviting the reporter from the Quad to the workshop. 2 ONE-YEAR ACTION PLAN Ms. Divine stated the action plan was not updated in 2003. Mr. Juni suggested that members look at the plan and be prepared to discuss it. Ms. Divine will send copies of the mission statement and action plan to members. The 5-year action plan was reviewed in 2002 and policy recommendations were added. She distributed an updated inventory to members. Meeting adjourned. 3