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PLANNING COMMISSION Page 6 <br />September I6, 1998 <br />A visual presentation was made using concept plans that had been developed by the Hoisington <br />Koegler Group, the City's design consultant with input from various Commission and City staff <br />personnel. The Consultant had used the Theme "Woods and Wetland." This themes ties use <br />ri <br />components of the "Mainstreet" theme which used neighborhood roads to� _:n' t e community to <br />the "main corridor." �, <br />• <br />The Council has asked the staff to draft a design impleme,::a on repo <br />potential funding for the project's $3 million plus budget taffis recciment <br />Highway 10 Corridor Project be included in the City's C prehe Plan Up <br />B. Theater Project Update <br />Director Jopke gave his report as follows: <br />A Development Agreement has been executed vii <br />Developer have agreed to "work together" tox <br />opening of the theater before the signalize <br />„ <br />ready. SEH has been given authorization o complfe the gn for this signalized <br />intersection, which will also service t ity's N: " Cominia fy Center. <br />Al y Propertie1 ' e City and the <br />�i lvre a &lad ,roblems that may result from <br />ntersection at oar 0 and Edgewood Road is <br />One or two of the office building' <br />Plans and specification for t <br />at are pf the <br />elopment may be built on a "spec" basis. <br />'dings j , � oming from the developer earlier in the <br />C. <br />Director Jopke; <br />September 28, 1998 is tlie: <br />this Dvelopment AgreeMe <br />rt as follows: <br />et bate for the Development Agreement on this project. As part of <br />:e City would provide $1.7 million in TIT assistance to the <br />dev e oper. These funds Would cover site improvements and acquisition of the land other than the <br />Rent -All site on the corner of Highway 10 and County Road H. The City would be solely <br />s'sible for acquttg the Rent -All site and relocating the business, a sum of approximately <br />0. Staffs r e—ntly in the application process for a Minnesota Department of Trade and <br />€tte t giant hich will, if successfully awarded, offset some of the costs of this project. <br />ro.tvit °'leas also expressed very strong interest in developing the Rent -All site as a possible <br />Park & Ride. If this project goes forward there is a potential that the Metro Transit will share in <br />some if not a large portion of the funds necessary to complete the project. <br />D. Greenfield Ponds Tax Forfeit Properties <br />