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• <br />PLANNING COMMISSION <br />September 16, 1998 <br />Page 6 <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 the <br />components of the "Mainstreet" theme which used neighborhood roads <br />the "main corridor." <br />The Council has asked the staff to draft a design impleme <br />potential funding for the project's $3 million plus budget <br />Highway 10 Corridor Project be included in the City's <br />B. Theater Project Update <br />Director Jopke gave his report as follows: <br />A Development Agreement has been executed <br />Developer have agreed to "work together" t <br />opening of the theater before the signaliz <br />ready. SEH has been given authorizati <br />intersection, which will also service <br />es use <br />community to <br />lore <br />e <br />e Plan Up <br />One or two of the office buildin: at are <br />Plans and sp cification for t „e 'Wings <br />fall. <br />C. <br />I/Banq <br />Update <br />Director Jopk <br />e City and the <br />at may result from <br />and Edgewood Road is <br />for this signalized <br />Center. <br />opment may be built on a "spec" basis. <br />oming from the developer earlier in the <br />Septe $ 28, 1998 is Q '' . ate for the Development Agreement on this project. As part of <br />this elopment Agree " City would provide $1.7 million in TIF assistance to the <br />de $ per These funds .0 °s cover site improvements and acquisition of the land, other than the <br />All site on the co r of Highway 10 and County Road H. The City would be solely <br />sible for acqu' the Rent -All site and relocating the business, a sum of approximately <br />. St " ' ently in the application process for a Minnesota Department of Trade and <br />which will, if successfully awarded, offset some of the costs of this project. <br />as 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 />11 Greenfield Ponds Tax Forfeit Properties <br />