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PLANNING COMMISSION Page 6 <br /> September 16, 1998 • <br /> A visual presentation was made using concept plans that had been developed by the Hoisington <br /> Koegler Group, the City's design consultant with input from various Commission and City staff <br /> personnel. The Consultant had used the Theme "Woods and Wetland." This the •es use <br /> components of the "Mainstreet" theme which used neighborhood roads +nn• < community to <br /> the "main corridor." <br /> The Council has asked the staff to draft a design impleme=a 5. on repo lore <br /> potential funding for the project's $3 million plus budget 2 taff is rem _"' en1 4 gam;£ ,e <br /> Highway 10 Corridor Project be included in the City's �, •rehe• `gz a Plan Up• • , <br /> B. Theater Project Update <br /> Director Jopke gave his report as follows: <br /> A Development Agreement has been executed < _ # g}£ = g� Prope ¢ e City and the <br /> Developer have agreed to "work together" t• •=15' •roble s_ '` at may result from <br /> opening of the theater before the signalize'i�$ terse E ' ... 3 3f+ and Edgewood Road is <br /> ready. SEH has been given authorizati•$ o com•c e the i} for this signalized <br /> intersection, which will also service zity's N-= Comm Center. • <br /> One or two of the office buildin• °at are p.m f the •- opment may be built on a"spec" basis. <br /> Plans and sp;,, ',Region for t,� e• ildings °& iF � __'`oming from the developer earlier in the <br /> fall. <br /> C. Me ff ra 1/Banq'•(4:,11 '6 Update <br /> Director Jopk a =ce k -BA•rt as `. <br /> Septe $a-, `28, 1998 is � f`E2.0 $ate for the Development Agreement on this project. As part of <br /> this r4 ' elopment Agree. 111 City would provide$1.7 million in TIF assistance to the <br /> de (46 per. These funds :,,,•1.1`• cover site improvements and acquisition of the land, other than the <br /> '4£AA All site on the co•_'('r of Highway 10 and County Road H. The City would be solely <br /> . $,)•sible for acqu 8=I the Rent-All site and relocating the business, a sum of approximately <br /> St. i ently in the application process for a Minnesota Department of Trade and <br /> f$& '' which will, if successfully awarded, offset some of the costs of this project. <br /> as also expressed very strong interest in developing the Rent-All site as a possible <br /> Park&Ride. If this project goes forward there is a potential that the Metro Transit will share in <br /> some if not a large portion of the funds necessary to complete the project. <br /> D. Greenfield Ponds Tax Forfeit Properties <br /> • <br />