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Item No. 8 <br /> Staff Report No. 97-2203WS <br /> Meeting Date 9-2-97 <br /> • Type of Business WK <br /> WK: Work Session;PH:Public Hearing; <br /> CA: Consent Agenda;EDAB:EDA Business <br /> Mounds View Economic Development Authority <br /> Work Session Staff Report <br /> To: Economic Development Authority <br /> From: Cathy Bennett,Director of Economic Development <br /> Item Title/Subject: Discussion of Continuation of Edgewood Drive Signalization Study <br /> Date of Report: August 29, 1997 <br /> Summary: <br /> Staff is seeking direction from the Council and authorization to proceed with the background traffic <br /> engineering analysis needed to continue the process to obtain authorization for a signal at Edgewood <br /> Drive and to identify road alignment, access and parking layout of City Hall and adjoining properties <br /> that will be impacted. Staff would recommend that the funds needed to proceed with this work be <br /> taken from tax increment dollars allocated to the Highway 10 redevelopment. <br /> Background: <br /> Mounds View was one of four cities to participate in a design course sponsored by the University of <br /> • Minnesota this spring. The focus in Mounds View was on design solutions for the Highway 10 <br /> corridor. The course resulted in the development of a"Ring Road"concept which would provide a <br /> local level road system on either side of Highway 10 between Edgewood Drive and County Road I. <br /> One of the key links in the Ring Road is through the O'Neil property which is located between Long <br /> Lake Road, County Road H2, and Highway 10. The link would connect a new signalized <br /> intersection at Edgewood Drive and Highway 10 located and a new four way intersection at Mounds <br /> View Drive and Long Lake Road. <br /> The City Council approved the use of tax increment funds on July 14th to complete several tasks <br /> related to implementation of the Ring Road through the O'Neil property and creation of the <br /> signalized intersection at Edgewood Drive and Highway 10. These tasks included: <br /> • developing a preliminary road alignment and intersection design- see attached <br /> • calculating traffic generation and distribution, so we know how much traffic will flow <br /> through the signalized intersection -completed with additional study needed per MnDot <br /> • preparing a signal sequencing study- completed and presented to MnDot with verbal <br /> approval <br /> • preparing a contour map of the wetland-preliminary map developed and still working on <br /> final <br /> • preparing the application to the federal, state and local agencies for crossing the wetland- <br /> status still to be determined <br /> • <br />