Agenda Packets - 2005/06/27 - Laserfiche WebLink

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Mounds View City Council June 20, 2005 Special Meeting Page 8 officers because they were getting this tax break. He stated he was not necessarily for the golf 1 course because he did not play golf. He noted this was only a first bid and believed the City 2 could get a better offer. He suggested the City look at other alternatives also. He believed The 3 City could negotiate a better deal with Medtronic, such as bringing down the TIF to 8 or ten 4 years. He asked if this development created more residents, where would those residents live. 5 Community Development Director Ericson responded there were parts of the City that could be 6 redeveloped where it would be a possibility to add homes, but the City was fully developed. 7 8 Nick Hammes, 5511 Quincy Street, stated the $100,000 given to the Mounds View School 9 District was over 25 years, which was only $300 per school per year and he did not believe this 10 was a large gift for a multi-billion dollar company. He stated a vote for Medtronic was a vote 11 against the community. 12 13 Steve Bakke, 8261 Sunnyside Road, asked how they arrived at the 19 million dollars. He 14 believed at the end of 25 years, the property would be worth more than 12 million. He found it 15 interesting that the Blaine parcel would cost them 11 million and they were selling theirs for 8 16 million. He stated he was did not play golf and he agreed that if the City owned that property it 17 should be looked at like a business and there should be some value there. He stated he was 18 excited when he found out that Medtronic was proposing to come into the community. He stated 19 his wife was concerned about the traffic increase and the additional airport use. He stated the 20 benefit Mounds View received in property taxes would offset any negatives. He stated it 21 appeared the County, State and Schools would benefit from this proposal, but he did not see any 22 benefits coming to the Mounds View taxpayers. He stated there should be some TIF Financing, 23 but not 25 years. He suggested 8 to 10 years would be more reasonable. 24 25 Mayor Marty recessed the meeting at 9:14 p.m. and reconvened the meeting at 9:20 p.m. 26 27 Antoinette Sprung, 8465 Groveland Road, expressed concern about the safety on County Road J. 28 She noted there were trucks, semi-trailers, buses, motorcycles, and air plains going down and 29 over her road. She expressed concern about the safety for the children in the area. She stated her 30 main concern was safety and that signs were posted and enforced in the neighborhood. She 31 stated she was on Social Security and could not afford to move. 32 33 Ms. Kvilvang stated prior to the break there had been some questioned asked and the difference 34 was the franchise fees, additional taxes, and that is how they came up with 19 million. 35 36 Mayor New Brighton Steve Larson stated that Medtronic was going to build in New Brighton on 37 a parcel that was in the northwest quadrant, which was now proposed to be 1,000 townhomes. 38 He stated parts of the old dump would be excavated and they were going to build on it, which 39 would be a successful development. He stated they were looking at a timeframe of 5 years when 40 it would be fully built out. He noted there was life after Medtronic and they were actually going 41 to come out ahead now. He stated traffic would not get any better because there were no funds 42 coming to 35W for at least the next 25 to 30 years because there was no money available from 43 the State. 44 45