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Mounds View EDA April 25, 2005 Regular Meeting Page 7 square foot. She stated that it is her understanding that Medtronic wants an assessment of $80 per square foot and capped. She asked if this would be included as part of the negotiating notice. She asked what happened to the 10-percent Park Dedication Fee and would the 10-percent be paid in land or cash. She asked if the $167,000 would be used to place trails around Cisco and would the trails be open to the public for use. Aaron Ojard, 11361 North 6th Drive, stated that he has been serving in the Navy for ten years now noting that he learned to play golf as a young boy at the Bridges. He stated that the discussions should also include the tangibles that Medtronic can’t offer, which is the ability to offer families time together. He noted the talk that the market is saturated in this area with respect to Par 3 courses in this area and asked the Commission what course he could take his son to where he would not be harassed for playing too slow. He stated that The Bridges is a family- oriented course and encouraged the Commission to keep family activities in mind when making their decision. Duane McCarty, 8060 Long Lake Road, noted that it appears the City is doing a considerable amount of number crunching after decisions have already been made. He referenced the numbers and estimates noting that he has done a bit of his own research. He stated that according to the last report issued by the League of Minnesota Cities, the City of Mounds View’s TIF history, as it compares to other Cities, has been very high. He stated that in the latest report, 2003, it shows that the City is still staying in the upper numbers as far as tax capacity tied up in TIF. He asked what the golf course’s worth would be in terms of a recreational facility and as a quality of life issue. He stated that it is his assumption that the revenue from the billboards would get the golf course into a position of self support noting that the Commission should also consider what would happen with Silverview Park if the billboards don’t bring in enough revenue to cover the maintenance. He stated that if the City can reasonably retain the golf course he urged the Commission and City to do it. Peter Martin, 21902 Parkwood Drive stated that he has been playing competitive golf in the PGA circuit for many years noting that as he plays competitive golf around the State people do ask where The Bridges course is located. He congratulated them stating that they have a wonderful golf course that they have managed to find a way for it to be economically viable. He stated that this is a golf course where seniors can play juniors, men and women together and young children can learn the sport of golf. He expressed his agreement with Mr. Ojard that the children are the future for golf and the Community. He stated that this is the best and highest use of the land and urged the Commission to keep that way. Tom McKay, 2625 Hilde Road, stated that the golf course was primarily built as a community course noting that the City is now trying to extract a profit from tax dollars. He stated that he does not agree with this process noting that the golf course creates jobs for the community whereas Medtronic would employ the same people regardless of their location. Dave Mitchell, 5493 Quincy Street, stated that he has lived in this area all of his life and likes