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EDC Minutes <br />April 6, 2007 <br />Page 2 <br /> <br /> <br />C. Consider Potential Modifications to the Business Improvement Partnership Loan Program. The EDA <br />did encourage the Economic Development Coordinator to revisit in December. Let’s consider <br />program changes at a future EDC meeting. <br /> <br /> <br />6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON <br /> <br />A. Report of Commissioners. Johnson mentioned . . . . <br /> <br />B. Report of Staff: <br /> <br />1. Business Day at the Captiol: The Public Affairs Committee of the Twin Cities North Chamber <br />had the opportunity to meet with Sen. Don Betzold, Rep. Tom Tillberry, and Rep. Paul <br />Gardner on March 14th. <br /> <br />2. Legislative Activity—Appropriation for Noise Wall Extension along State Hwy 10 in Mounds <br />View and for I-35W Design Concept Study: This project is a priority for the city council. <br />During March 2006 the City of Mounds View sought approval from the Minnesota legislature <br />for an appropriation to extend the noise wall along the south side of State Hwy 10 from about <br />Long Lake Road eastward beyond the Laport Meadows residential neighborhood. While <br />MnDOT has $300,000 programmed for this, the project is estimated to cost more than <br />$800,000. There is an opportunity to direct funds associated with the Medtronic project to <br />items benefiting this area—the noise wall extension and the I-35W design concept study. <br />Last session our legislative efforts started late (due to the focus on accelerating Phase 2 of <br />the Medtronic campus). This time we are starting earlier. Backman talked with our local <br />representatives yesterday. He will meet with Sen. Betzold and Rep. Tillberry next week to <br />discuss the legislative process. Hearing on March 6th for Senate Transportation Finance <br />Committee and on March 23rd for House Transportation Finance Committee <br /> <br />3. Update on SYSCO Minnesota Parking Expansion: Backman was pleased to report that after <br />one and a half years of effort, the SYSCO parking lot expansion project is largely completed. <br />He showed the EDA members recent photos of the construction. The project entails the <br />construction of 50 stalls truck trailers, 100 parking spots for cars, a new gate-controlled <br />entrance, and a relocated stormwater pond. The stormwater pond was moved to the south <br />and east to allow for the additional trailer parking south of Sysco’s distribution facility in <br />Mounds View. The total project cost is approx. $1.2 million. As the EDC is aware, the City <br />approved $250,000 in TIF assistance for the project with a two-year payback. <br /> <br />4. Premium Stop Redevelopment: Backman e-mailed three of the concept plans to EDC <br />members. He described them: Concept Plan A involves the construction of a 5,000 sq. ft. <br />one-story building for retail purposes. Taiko Sushi would remain on an adjacent property. <br />Concept Plan B also leaves Taiko Sushi in place, includes the same 5,000 sq. ft. building, <br />but it adds a two-story retail/office building (10,000 sq. ft.) on the corner and a neighborhood <br />trail connects to the proposed County Road 10 trail. Under Concept Plan C there remains <br />the 10,000 sq. ft. retail/office building, but Taiko Sushi becomes a tenant within an 8,0000 sq. <br />Jaker asked about next steps. Backman replied there will a few changes in the written report <br />and then DSU will make a presentation before the Council in December.