Agenda Packets - 1995/12/04 - Laserfiche WebLink

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vQ �, - Q The City of Mounds View Economic Development Authority Highway 10 Redevelopment Phase / Request for Qualifications December 1995 The City of Mounds View's Economic Development Authority(EDC) would like to solicit your input regarding the highest and best use for a redevelopment area on State Highway 10 in Mounds View. It is anticipated that your assistance will lead to a formal request for proposal on the sites in question. Therefore, your input and ideas are critical to moving the process forward. The redevelopment of Highway 10 has been identified as the #1 Goal in the Council\Staff 5-year strategic planning session. Therefore, several properties have been identified as priorities to increase the tax base and improve aesthetics of the City. Background: The City of Mounds View is located 10 miles north of Minneapolis and St. Paul directly west of Interstate 35W on Highway 10. Mounds View is on the most north west border of Ramsey County and is bordered by the communities of New Brighton, Blaine and Spring Lake Park. Mounds View has a population of 13,000 people and has grown from a small sleepy suburb to a bustling community with diverse residential neighborhoods and quality business development. (See Attached Communtiy Profile) With the development of Mounds View Business Park, Silver Lake Pointe Apartments and the Bridges Technolgy Center over the past five years, Mounds View is now committed to focusing on the redevelopment of its main corridor, namely Highway 10. The City's Economic Development Authority was established in 1994 to oversee the development of Mounds View's Tax increment Financing Districts and the use of future and current excess tax increment funds. Mounds View residents and businesses take great pride in the community and its future. To capture this dedication Mounds View recently adopted a new image statement. Cow OF 1 •,, (iii v� S ogr"Ss•Partne<S�`Q