Agenda Packets - 2005/07/25 - Laserfiche WebLink

Home Browse Search

Mounds View City Council June 27, 2005 Regular Meeting Page 15 Stadium would also be TIF financed. He stated that he also checked on the Guidant building in 1 Arden Hills noting that this building is not in a TIF district because they purchased the building. 2 He stated that everyone is looking at this as a rare occurrence that an organization is offered with 3 TIF and with his findings he has found that this is not out of the norm for a project of this size for 4 TIF to be requested by the developer. 5 6 MOTION/SECOND Thomas/Gunn To Approve the Resolution 6571 Approving Minnesota 7 Statute Chapter 152, Article 2, Tax Increment Financing and Requesting Approval by Ramsey 8 County and the Mounds View School District, as amended and waive the reading. 9 10 Ayes-4 Nays-1 (Marty) Motion carried. 11 12 J. Resolution 6566 Accepting the appropriation of a $5,000,000 grant to the 13 City of Mounds View for County Road J Reconstruction and other public 14 improvements necessary for the Medtronic Project. 15 16 Economic Development Coordinator Backman stated that Medtronic is proposing Phase 1 to 17 construct an 820,000 square foot office complex that would house approximately 3000-plus 18 employees at the new complex. He stated that the Traffic Impact Study that was done as a part of 19 the AUAR indicated that the main access road, County Road J, would need to be reconstructed 20 and upgraded. He explained that the City of Mounds View and Medtronic pursued funding for 21 the necessary road improvements and the Minnesota Legislature approved $20.5 million 22 including $5 million in a Minnesota Employment and Economic Development or deed 23 redevelopment account, which refers to the agency. He stated that Governor Pawlenty signed the 24 bonding bill on April 11, 2005 noting that Ramsey County would be the lead governmental body 25 overseeing the specified road improvements and issued an RFP to engineering companies for the 26 pre-design and final design activities. He noted that Ken Haider, County Engineer for Ramsey 27 County is present and can speak to their processes. He stated that Minnesota DEED, the grantor, 28 requires that the City of Mounds View provide information and adopt a resolution accepting the 29 State appropriation of a $5 million grant to the city for public improvements. He stated that staff 30 recommends that the Mounds View City Council accept the State appropriation for the $5 31 million grant to the City of Mounds View for County Road J reconstruction and other 32 improvements necessary for the Medtronic project and authorize staff to develop a cooperative 33 agreement between the City of Mounds View and Ramsey County regarding the road project. 34 35 Ken Haider, Ramsey County Engineer, stated that the process is quick noting that they are under 36 the worst timeframe of anyone because there is an expectation that all of this construction work 37 gets done within a certain timeframe. He noted that with Minnesota weather, timing is a big 38 factor. He stated that what they are looking at is the means by which they can get started on the 39 design phase of the road improvement project. He stated that the resolution before Council 40 tonight would be taken down to their Board tomorrow and award the contract to the engineering 41 consultant to begin the work. 42 43 Barbara Haake, County Road I, expressed concerns noting that if Mr. Haider is taking this to 44 Ramsey County for approval and they do go for a referendum, get the 900 signatures and this is 45