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EDC Minutes <br /> December 10, 2004 Not Approved <br /> •Pae 2 <br /> 2. Update on Bridges Golf Course Redevelopment Project—CRESA Partners (Medtronic: <br /> Backman summarized the activities/milestones reached over the last four months, including <br /> the title commitment research, wetland delineation, commercial appraisal, boundary and <br /> topographic surveys. As members are aware, on September 13, 2004 the EDA selected <br /> RLK-Kuusisto to undertake the Alternative Urban Areawide Review (AUAR), an <br /> environmental assessment process of a potential office development at the Bridges site. <br /> The Draft AUAR was completed on November 18th. We received 60 copies of the draft and <br /> 25 different entities/agencies received copies for their review. This included the Governor's <br /> Office. Belting asked if we were at the point of negotiations. Backman responded that no <br /> final decision has been made by the City or Medtronic. McDonald asked if Medtronic is <br /> focusing just on Mounds View now. Backman replied that the day before Thanksgiving <br /> Medtronic indicated that they wanted to focus on the Mounds View site. The pace is picking <br /> up and we are now in negotiations. McDonald asked when the golf course would cease to <br /> operate. Backman noted that no timetable has been set, however, Medtronic would like to <br /> be moving dirt at the Bridges site by September 2005. Backman then discussed two <br /> proposed pieces of legislation that would be needed for the Medtronic project to move <br /> forward—the Reverter Clause bill and the TIF District legislation. Sen. Betzold is willing to <br /> introduce these when the session starts in January. Senate Counsel is already reviewing <br /> them. On December 9th the Mayor and other representatives of Mounds View attended a <br /> kickoff meeting for the Medtronic project at the Dept of Employment and Economic <br /> Development (DEED) in St. Paul. Various state agencies were present including MnDOT, <br /> DNR, Met Council, MPCA, etc. Medtronic made a presentation of what they hoped to <br /> • accomplish at the Mounds View site. This campus would be Medtronic's largest complex in <br /> the world. Members asked about potential land acquisition in Blaine, sign buyout, and <br /> potential TIF assistance. After discussion,a motion was made by Chairperson Johnson,and <br /> seconded by Belting, that the EDC recommends to the City that it move forward with the <br /> redevelopment project, including pursuing the adoption of legislation at the Minnesota <br /> Legislature to remove the reverter clause on the former Mn DOT property and passage of <br /> necessary TIF legislation. Motion passed 7 to 0. <br /> 6. EDC BUSINESS <br /> A. Discussion of Economic Development Priorities for 2005 (Current and potential projects; Other <br /> Activities): Backman briefly reviewed the following potential economic development priorities for <br /> the coming year. He asked the EDC members to prioritize them for the January meeting and add <br /> others if they choose. <br /> 1. Medtronic- Bridges Golf Course Redevelopment Project/ CRESA Partners <br /> 2. Skyline Motel Redevelopment <br /> 3. PAK Building /Simon's Sports Shop Redevelopment/Velmeir Companies <br /> 4. Market Feasibility Study/ Moundsview Square Redevelopment/ Paster Enterprises <br /> 5. Potential Bauer Welding & Metal Fabricators Expansion <br /> 6. Hardee's Restaurant Redevelopment/ Potential <br /> 7. Laport Meadows Housing Development/ Rob Carlson Builders <br /> 8. Woodale & County Rd. 10 Commercial / Retail Development <br /> 9. Promotion of Silver View Plaza <br /> 10. Investigate Possibility of Hidden Hollow Housing Development Phase II <br /> • 11. Investigate Possibility of Sherwood /Greenwood Housing Development <br /> 12. Update of the Community Information at DEED Website <br />