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<br />Item #: 5A <br />Meeting Date: July 20, 2012 <br />Type of Business: EDC <br />Administrator Review: ____ <br />City of Mounds View Staff Report <br /> <br /> <br /> <br />To: Economic Development Commission <br />From: Heidi Steinmetz, Economic Development Specialist <br />Item Title/Subject: Discuss the Use of TIF for Mustang Drive Improvements <br /> <br /> <br />Background <br /> <br />Mounds View’s oldest industrial park is located behind the Skyline Motel on Old Hwy 8. <br />Below is an aerial image of the industrial park. <br /> <br /> <br />The roads within the industrial park are Mustang Drive and Mustang Circle. Both roads are <br />in desperate need of improvements. The two main issues delaying the reconstruction of <br />these roads are land acquisition for stormwater facilities and funding. <br /> <br />The Mounds View Public Works Department has begun the process of selecting an <br />engineering consultant to assist in the pavement and stormwater improvements. Upon <br />approval of the City Council, the consultant will perform preliminary design and analysis, <br />including topographic surveying, proposed improvements, cost estimates and funding <br />sources, identifying project issues, etc.   <br /> <br /> <br /> <br /> <br />Old Hwy 8  <br />Mustang Drive  <br />Mustang Circle