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EDC Minutes March 21,2014 Page 3 of 4 Commissioner Freichels suggested that Crossroad Pointe be added as a separate propriety item on the EDC's list. Chair Belting agreed. Commissioner Larson asked about the former Thrifty Car Rental site on Country Road 10. Administrator Ericson provided a brief update. Commissioner Freichels asked about the Silver View Plaza property and whether Kraus Anderson was going to be reinvesting into the facility now that occupancy seems to be increasing. Administrator Ericson reported he would inquire with the leasing agents for an update. The Commissioners discussed the TCAAP redevelopment site and transportation improvements, reiterating that the County Road 10 and H intersection is sorely in need of update. Administrator Ericson asked whether the Commission still wanted to retain the reconstruction of County Road 10 as a priority item. Chair Belting suggested perhaps this item could include intersection improvements as discussed at County H. Commissioner Birken wondered whether the Planning Commission's work on the creation of a County Road 10 overlay district should be included. The Commission thought this was a good idea. Chair Belting expressed support for ongoing business retention efforts. Motion/Second: Commissioner Freichels moved and Commissioner Larson seconded the approval of the revised EDC priorities, as discussed. Motion carried: 5 Ayes, 0 Nays 6. REPORTS OF STAFF A. Crossroad Pointe Project Report Administrator Ericson provided an update on the Crossroad Pointe redevelopment project, indicating that the Council had selected Stantec to conduct a market and planning study to determine what could be feasible for the site. The study concluded that office/retail would be viable. Administrator Ericson invited the Commission to attend the Council meeting Monday night, 6:30 pm, March 24, 2014, at which time the EDA will be considering the development scenarios. Administrator Ericson expressed hope that the City could move forward with the marketing of the site subsequent to the EDA reviewing the plans. B. Mounds View Project Updates Administrator Ericson reported that the Coventry project is moving forward, that the closing has occurred and site clearing work has begun. Administrator Ericson extended an invitation to the Commission to attend a groundbreaking ceremony scheduled to occur on Monday, March 24, at 5 pm. Work is scheduled to be completed in one year's time. Chair Belting asked about Apple Tree Dental and whether the work is progressing on schedule. Administrator Ericson indicates that he believed they are still on track for a mid- may completion. The Commission asked about some other projects and were thusly updated.