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_.� __ � ��, ,.;�: � � �._ ��_�. G�� � -� � � , - _ _ , » � ��� <br />MOiJNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />REQUES� FOR EDA CONSIDERATION <br />STAFF REPORT <br />EDA vILETING DA`IZ Mav 23. 1994 <br />EDA Actio►�: <br />❑ Special Order of Business Abenda Sectioa: 2. <br />❑ Public HearinSs Report Number:EDA-94-2-k�g <br />❑ Cunsciit ��Sencla Report Date:.5-19-94 <br />❑ C�f� BUSIIICSS <br />I[ec�i Descriptioii: Discussion Regarding Development Agreement with MSP/Westminster for <br />Silver Lake Point Housing Project <br />Executive Director's Review/Recommendation: <br />- No comments to supplenlcnt tliis report <br />Cumn�cuts attac;licci <br />Lxplanation%Sun�mary �:�u�ch SuN�l�ntcnl sheets :u nccA:ssary) <br />S UNiI�[ARY: <br />The final draft agreement will be presented at the Work Session, <br />Jim O'Meara apologizes for its incompletion, but some minor details <br />are still being worked out at the time of this staff report. <br />On Thursday afternoon, May 19th, I received a call from Jeff <br />Huggett of MSP Real Estate, one of the partners on the Silver Lake <br />Pointe project. It appears that the Administrative Director of the <br />Rice Creek Watershed District disagrees with the wetland <br />delineation map drawn by MSP/Westminster's consultant Ron Peterson. <br />It is Kate Drewary's position that the wetland must be moved in on <br />the site as much as 70 feet. The result of any such action would in <br />negatively impact the project's viability. Jeff Huggett informed me <br />that members of the RCW's Technical Panel will be meeting at the <br />site on Monday together with Ron Peterson, a certified soil <br />scientist from Ron's firm and MSP staff to determine the proper <br />delineation of the wetland. Members of the City staff will also be <br />in attendance. <br />It is Ron Peterson's professional determination that the existing <br />soils on the site do not indicate "hydric" soils and therefore <br />cannot be classified as wetland soils. Resolution of this matter is <br />imperative to the entire development process, including approval of <br />the Development Agreement for the TIF assistance. <br />Jeff Huggett will provide an update of this matter at the Work <br />Session on Monday nigh,t. <br />R�C0�11�TEND,�TIOV: � � � <br />, �-��� � <br />Sa�nantha �Orduno; Executi'�re Director <br />