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c <br /> Item No. 7B <br /> Staff Report No. A- 7- <br /> Meeting Date ____2:12z_ <br /> Type of Business pqg <br /> WK: Work Session;PH:Public Hearing; <br /> Mounds View CA:Consent Agenda;EDAB:EDA Business <br /> Economic Development Authority <br /> Staff Report <br /> To: Economic Development Authority <br /> From: Cathy Bennett,Director of Economic Development <br /> Item Title/Subject: Consideration of Authorization of Funds for Professional <br /> forContinuation of the Edgewood Drive Signaliza io n/Rea]gnm nt <br /> Date of Report: September 4, 1997 <br /> Summary: <br /> Staff is seeking direction from the Council and authorization to proceed with the <br /> engineering analysis needed to continue the process to obtain authorization for a signal <br /> Drive and to identify road allbackground traffic <br /> that will be impacted. Staff would recommend cess and <br /> that the funds needed parking layout f City Hall and adjoining Edgewood <br /> taken from tax increment dollars allocated to the Highway 10 redevelopmenteed with thiswork be les <br /> P <br /> Background: <br /> • Mounds View was one of four cities to participate in a design course sponsored <br /> Minnesota this spring. The focus in Mounds View was on design solutions for by thewy10 University of <br /> corridor. The course resulted in the development of a"Ring Road"concept which Highway 10 <br /> local level road system on either side of Highway 10 between Edgewood Driveh would provide a <br /> One of the key links in the Ring Road is through the O'Neil and County Road I. <br /> Lake Road, County Road H2, and Highway 10. e property which is located between Long <br /> intersection at Edgewood Drive and Highway 10 and a new founk r waconn intersection signalized <br /> Drive and Long Lake Road. <br /> Y coon at Mounds View <br /> The City Council approved the use of tax increment funds on July 14th to complete several tasks <br /> P <br /> related to reviewing the possible implementation of the Ring Road Concept through the O'Neil <br /> property and the creation of a signalized intersection at Edgewood Drive and Highway10 <br /> approval of these tasks were needed to evaluate if it was possible to gain preliminarysThe <br /> MnDot for pursueing the Ring Road Concept. These tasks included: PP°rt from <br /> • developing a proposed road alignment and intersection design <br /> discussion purposed with MnDot and Wetland Agencies. -this is only a concept for <br /> • calculating traffic generation and distribution, so we know how much traffic wi <br /> through the signalized intersection ll flow <br /> • preparing a signal sequencing study <br /> • preparing a contour map of the wetland <br /> • preparing the application to the federal, state and local agencies for crossing t he wetland <br />