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EDC Minutes p r November 17, 2006 Not Approved Page 2 • valuation of the building permits issued or applied for to date for the Medtronic CRDM campus totals nearly$164,000,000. Backman mentioned that County Road J at Interstate 35W was closed today as the old bridge is being torn down to make way for the new one. 2. Legislative Activity—Appropriation for Noise Wall Extension along State Hwy 10 in Mounds View and for I-35W Design Concept Study: The 3. Update on SYSCO Minnesota Parking Expansion: SYSCO's . .After various approvals by the Rice Creek Watershed District, Ramsey County and City,site work began on August 25, 2006 on the parking lot expansion. The stormwater pond is being moved to the south and east to allow for additional trailer parking south of Sysco's distribution facility .. 4. Status of former Premium Stop Site / DSU Study: Backman briefly reviewed the history of • the property. The Premium Stop gas station and convenience store was deteriorating. On June 26, 2006 the EDA approved the purchase of the property for $625,000. The price includes demolition and cleanup costs. The gas station facilities were demolished on 9/6 and 9/11/06. Also on September 11th the City Council approved hiring DSU to undertake planning services at a cost of up to$14,000. The purpose is to provide a market overview of the property (and adjacent parcels) and concept plans of how the property could be redeveloped. 5. Medtronic Workforce Collaboration: During the summer of 2006 Backman began working with several workforce agencies to look at ways of assisting Medtronic with its workforce needs as it moves forward with its new campus in Mounds View. The partners include Anoka-Ramsey Community College, the MN Dept. of Employment and Economic Development, Metro North Adult Basic Education, Metro Consortium of Customized Training, Ramsey Workforce Investment Board,Workforce Center of Anoka County and the Workforce Center of Ramsey County. Last week a joint letter on behalf of the Workforce Collaboration was sent to the Vice President of HR for Cardiac Rhythm Disease Management. Backman will keep the EDC informed as to this effort. • 6. Status of"Project Centaur": The . . .After.