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EDC Minutes Approved October 19, 2007 Not Page 3 • C. Other Various Updates (added to the agenda): Totino's: Director Ericson confirmed that Totino's has signed a lease with Mounds View Square to locate in the building that is currently occupied by the Original Mattress Factory. Commissioner Field asked about the Original Mattress Factory's search for a new site and if the company prefers a stand-alone building or if they're interested in Silver View Plaza. Director Ericson believes that a strip mall is an option. Silver View Plaza: Chairperson Helgemoe asked if a Kraus-Anderson (Silver View Plaza property owner) representative other than the leasing agent or the property manager should attend the November EDC meeting. Director Ericson agreed that it is time to discuss the future of Silver View Plaza with the proper representative from Kraus-Anderson and will extend the invitation for the next EDC meeting. He added that Kraus-Anderson's position has been to secure tenants prior to remodeling the building; however staff believes that renovating the building would better attract tenants. Director Ericson feels that 2008 is a year in which Kraus-Anderson will make a solid decision regarding the future of the property due to the high-vacancy rates over the last 1.5 years. Commissioner Johnson mentioned that the new walking trails are highly utilized and perhaps this would help boost the success of the facility. Commissioner Field asked the status of Wynsong Theater and if there are less screens being used. Director Ericson responded that he is not aware of any changes at the theater; Commissioner Johnson agreed. Commissioner Field added that perhaps there is an opportunity for a synergy to be developed between the theater and Silver View Plaza (if the mall could attract evening users). Chairperson Helgemoe took this opportunity to thank Director Ericson for wearing"three hats"as the Interim City Administrator,the Community Development Director and for taking on extra duties during the Economic Development Specialist vacancy. Skyline Motel: Director Ericson stated that the property sits on almost two acres and is zoned light industrial. The owner is willing to sell the property and Director Ericson predicts that the City may see changes on the site within six to nine months. Christmas Tree Lot (Integra Homes): The Planning Commission and City Council has approved a townhome project on this site,which is just over three acres in size. This project will include nineteen units. It is anticipated that construction will commence in the Spring of 2008. Harstad Townhomes: Three new townhome buildings were constructed this year. Director Ericson added that City staff toured some of the model units, which were impressive. Medtronic Commissioner Johnson mentioned the "Thank you, Mounds View" billboard on Hwy 10. Chairperson Helgemoe asked if the EDC could get a tour of the facility. Director Ericson said that Medtronic is more than happy to host a tour once the final fire inspection is completed. A tour could occur in December. Ferrellgas This company has requested a Conditional Use Permit and wishes to locate on Mustang Circle within 700 feet of the Townsedge Manufactured Home Park. The City Council requested a Risk Management Plan almost one year ago, which the company has not been submitted. • Arden Hills TCAAP Site Chairperson Helgemoe asked Director Ericson if there are any concerns from Mounds View's standpoint regarding this project. Mounds View's Public Works Director has been meeting monthly with Arden Hills staff regarding the project. The develop concept includes a reconstruction of County