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Mounds View City Council September 26, 2005 Regular Meeting Page 7 Councilmember Stigney stated his agreement with Councilmember Flaherty’s point. He asked 1 how much increment will be generated by the driveway and parking lot and how long it will take 2 to pay back the TIF. 3 4 Director Ericson stated he is not prepared to answer that question. 5 6 Councilmember Stigney asked if this increment for the driveway and parking lot will provide a 7 payback period within two years. Director Ericson stated it will probably not for the three acres 8 of land. 9 10 Councilmember Stigney stated they are asking for a $250,000 donation that will not be paid 11 back. He stated he has a problem with that and is also concerned about cutting down 70-some 12 mature trees to put in a driveway. For those reasons and because 50 more semitrailers will be 13 using County Road J, he thinks SYSCO should do this project on their own “dime.” He stated he 14 does not support this request for those reasons, and probably other reasons as well. 15 16 Mayor Marty stated SYSCO has been a good neighbor and business in Mounds View since their 17 inception. He agreed that the parking lot won’t pay the City back, but SYSCO will pay the City 18 back within two years. By expanding this parking lot, SYSCO will add 100 new jobs that they 19 need and they are jobs that citizens of Mounds View can apply for and get. Mayor Marty stated 20 there are quite a few SYSCO employees living in Mounds View. He stated to help a Mounds 21 View business grow, he sees as a “plus” for Mounds View. He noted that right now they are 22 limited in space so SYSCO has to jockey around the trucks. With the new parking lot area, the 23 trucks will not have to be restarted and moved around. The trucks can come in, be unloaded, and 24 then leave. 25 26 Duane McCarty, 8060 Long Lake Road, asked if they will be 100 new jobs and not imported 27 from another city. Mayor Marty stated that is his understanding. 28 29 Councilmember Stigney pointed out that if the City was not allowing this TIF money to go to 30 SYSCO, the TIF District could be closed next year and the TIF money come into the general 31 fund for another purpose. If this is approved, the TIF will go to SYSCO instead of the City, 32 which is another reason he does not support it. 33 34 Ed Benson, 1951 Long Lake Road, suggested that if the City doesn’t give this to SYSCO then it 35 can go to Medtronic, a $10 billion company. 36 37 Mayor Marty stated this $250,000 to SYSCO creates 100 jobs and will be paid back in two years. 38 39 MOTION/SECOND: Thomas/Flaherty. To waive the reading and adopt Resolution 6627 40 Approving the SYSCO Second Addition Preliminary Plat. 41 42 Ayes-4 Nay-1 (Stigney) Motion carried. 43 44