Agenda Packets - 2005/07/25 - Laserfiche WebLink

Home Browse Search

Mounds View City Council June 27, 2005 Regular Meeting Page 5 Administrative Assistant Crane stated that staff has investigated all aspects of the application to 1 ensure that all requirements have been met. She noted that the police inquiry investigation, the 2 utility building investigation and the fire safety report have been included for Council review. 3 She stated that all requirements have been met and staff is recommending approval. 4 5 Mayor Marty opened the public hearing at 8:40 p.m. 6 7 Mayor Marty closed the public hearing at 8:41 p.m. 8 9 MOTION/SECOND. Thomas/Flaherty To approve Resolution 6550 Approving an On Sale 10 Intoxicating Liquor License for The Mermaid, located at 2200 Highway 10 and waive the 11 reading. 12 13 Ayes-5 Nays-0 Motion carried. 14 15 G. Resolution 6564 Approving the Proposed Sale of Land Comprising the 16 Bridges of Mounds Golf Course to Medtronic; and approving the 17 Development Proposal and Terms of the Purchase Agreement and Contract 18 for Private Development. 19 20 Economic Development Coordinator Backman stated that this resolution parallels the staff report 21 and resolution reviewed with EDA. He explained that the economic impacts would increase the 22 city tax base, leverages State dollars for roads, adds high paying jobs to the community and 23 involves a major investment, by a premier company, in our community. He stated that given the 24 positive impacts it is recommended that the Mounds View City Council adopt Resolution 6564 25 approving the proposed sale of the land comprised of The Bridges and approve the Medtronic 26 Development proposal. 27 28 Mayor Marty referenced page one of the staff report stating that he would like to make note of 29 the last paragraph, second to last line, ‘The term sheet indicated that the Mounds View EDA 30 would seek Special TIF Legislation that would permit 25-year TIF Districts at the site’. He 31 stated that he was not aware that Council had specifically asked to extend the District after the 25 32 years. 33 34 Mayor Marty referenced page 51, that ‘The Bridges AUAR authorized by the city reviewed all 35 transportation issues related to the proposed development of the site and stated that the AUAR 36 did not address the transportation issues within the City of Mounds View. 37 38 Council Member Thomas clarified that Council did not direct staff to extend to 25-years because 39 25-years was the length of the time that was discussed on the term sheet from the very beginning. 40 41 MOTION/SECOND. Gunn/Stigney To approve Resolution 6564 Approving the Proposed Sale 42 of Land Comprising the Bridges of Mounds Golf Course to Medtronic; and approving the 43 Development Proposal and Terms of the Purchase Agreement and Contract for Private 44 Development and waive the reading. 45