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CC/PZ JOINT MEETING SEPTEMBER 29, 1992 2 Our company would be looking at the two resolutions to the requirements of the Met Council that would have to be met in order for utilities to be available for this site. When and how are you going to bring the utilities to the site, what will be the cost, and how will the cost be levied. You have already done an engineering feasibility study which may be enough, 4. Will the developer be sizing the water for more than just his own use? This is more of a city question. Do you want a larger well to handle future use? We were talking about 40,000 gallon per day which is more than adequate for their office facility. 5. Will the city receive a developers commitment regarding the size, cost, and value of the structure prior to the city extending the MUSA line? No, this would not be feasible. We would want an amendment to the comprehensive plan to extend the MUSA line before there is any commitment on paper, but not physically install utilities. 6. If the developer does not continue with his plans, what negative impact will this have on the city? None. If this developer does not come in, we are not going to come to you and ask you to install the utilities and we'll pay you back. We are going to do it when we have somebody that is ready to go. 7. When will the "phantom developer" come forward and publicly declare their plans --are we to deal with hearsay or a representative of the company? Their representative will come forward once they make their decision or they may purchase it under an ABC company. They will not make an announcement until a six month due diligence period. Mr. Burkards stated he would be happy to give the city a written formal request outlining what it is they are looking for and what actions does the city have to take. He will ask the company representative the following questions that were raised. What are the SAC units required and how much water do they require? Would they be willing to submit more escrow for engineering and financial studies if needed to satisfy the clients demand for documents? If this is going to be a corporate headquarters, would they be interested in using the Lake Elmo airport? Burkards will contact the City Administrator with the answers. The Business Park Ordinance, Limited Business Ordinance, Comp Plan Amendment Resolution, and the Development Moratorium will be on the October 6th city council agenda. M/S/P Mottaz/Hunt to adjourn the meeting at 8:10 n.m. (Motion carried 5-0).