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<br /> <br /> <br />Minutes of the Economic Development Commission <br />City of Mounds View <br />Ramsey County, Minnesota <br /> <br />Regular Meeting <br />March 27, 1997 <br />City of Mounds View, Council Chambers <br />2401 Highway 10, Mounds View, MN 55112 <br /> <br /> <br />1. Call to Order: <br /> <br />The meeting was called to order at 7:38 a.m. by Vice Chairperson, Cindy Carlson. <br /> <br />2. Roll Call: <br /> <br />Members present were as follows: Cindy Carlson, Rosemary Goff, Ron Schmidt, and Brian <br />Sjoberg. Members absent were Dan Nelson, Bev Tarhark and Delane Welsch. Dir. of <br />Economic Development Cathy Bennett and EDA Liaison Duane McCarty were present. <br />Alternate Liaison Gary Quick was absent <br /> <br />3. Approval Of Minutes: <br /> <br />Minutes from November 21, 1996, January 23, 1997 and February 20, 1997 were <br />approved on a 4-0 vote with a motion from Rosemary Goff and second from Ron <br />Schmidt. <br /> <br />4. Special Business <br /> <br />No Special Business. <br /> <br />5. EDC BUSINESS <br /> <br />A. Consideration of Economic Impact of the Proposal for a 16-Screen Movie Theater <br />and 3 Office Buildings on Highway 10 at H2 and Long Lake Road <br /> <br />Director of ED Bennett reviewed the staff report that was prepared by CD Director <br />Pam Sheldon for the Planning Commission which described the proposal and issues <br />related to the development of a 16-Screen Movie Theater and 3 Office Buildings on <br />the vacant land bounded by Highway 10, County Road H2 and Long Lake Road. <br />Bennett particularly pointed out the economic affects of the development such as <br />proposed increase in the tax base of approximately $600,000 annually, direct <br />increase in jobs of 125 and the ripple effect creating an additional 100 jobs. In <br />addition, Bennett discussed the proposed use as noted in the Highway 10 <br />Redevelopment Plan for the area. Commissioner Carlson noted that even though the <br />Plan proposed corporate headquarter office or town home development that this use <br />could still be in line with the plan as long as it take into consideration the impact on <br />the wetlands and neighborhood. <br />