Agenda Packets - 2005/09/12 - Laserfiche WebLink

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Mounds View City Council August 8, 2005 Regular Meeting Page 11 doesn’t think would apply. He stated that it would probably be inappropriate to acquire the 1 properties because there would be civil issues with the development. 2 3 Mayor Marty stated that the Council would pass on discussing this further at a work session until 4 more information has been received. 5 6 7. JUST AND CORRECT CLAIMS. 7 8 MOTION/SECOND. Flaherty/Thomas. To approve the Just and Correct Claims as presented. 9 10 Ayes - 5 Nays – 0 Motion carried. 11 12 8. COUNCIL BUSINESS. 13 14 A. 7:05 Public Hearing and Resolution 6593 Approving the Development 15 Agreement to provide $250,000 in Tax Increment Financing (TIF) Assistance 16 to SYSCO Food Services of Minnesota to facilitate expansion of the business 17 located at 2400 County Road J in Mounds View. 18 19 Economic Development Coordinator Backman stated that SYSCO Minnesota in Mounds View 20 has outgrown its’ existing parking areas and would like to add approximately 100 parking stalls 21 for passenger vehicles and 53 for truck parking. He stated that SYSCO Minnesota has estimated 22 that the expansion project would cost approximately $1.2 million. He stated that SYSCO 23 Minnesota has requested $250,000.00 in TIF assistance to pay for redevelopment costs including 24 stormwater management and wetland mitigation. He stated that Staff recommends that Council 25 adopt Resolution No. 6593 approving the development agreement to provide $250,000 in TIF 26 assistance to SYSCO Minnesota with the two caveats discussed during the EDA. He explained 27 that instead of a three-year term it would be a two-year term at 30-percent. 28 29 Mayor Marty clarified that the EDA discussed this issue extensively and it was 30-percent and 30 was changed to 50-percent in order to cover the two-year term. 31 32 Mayor Marty opened the public hearing at 8:32 p.m. 33 34 Mayor Marty closed the public hearing at 8:33 p.m. 35 36 Council Member Stigney stated that his concerns are that SYSCO has exceeded their required 37 space and would now like to expand into the wetland, which is land they deeded to the City as 38 passive use and now want to use it as heavy industrial and use TIF money to do it. He stated that 39 if SYSCO wants to expand into a wetland and get the land back for free he doesn’t have a 40 problem with that because they gave it to us and now want three acres back but they should do it 41 themselves without asking for TIF money from the TIF District to support that operation. He 42 stated that he is sure they can do it themselves, but if they can’t and upper management doesn’t 43 think it is a good thing to do then they should do it. He stated that the City does not need another 44 53 semi-trucks coming into the City. 45