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Mounds View EDA July 11, 2005 Regular Meeting Page 5 the land they previously deeded to the City. He indicated that he did not have a problem with the land-use noting that he would prefer that SYSCO work to keep the costs closer to the $233,000 estimate shown on the spreadsheet. Commissioner Thomas referenced the land transfer and asked for clarification on the total acreage. Mr. Seipp clarified that the totally acreage would be approximately three acres and would include the land for the stormwater retention pond. He indicated that SYSCO did not care whether they own the land or not but in discussions with the City it was felt that it would be better not to have the property line run right through the stormwater retention pond. He noted that they would maintain the pond either way adding that it would probably make the most sense to have it located on their land. President Marty asked if there are any legal costs to transfer the land back to SYSCO. City Attorney Riggs explained that they are discussing a type of development contract noting that simple deed does not cost that much. He explained that the contract itself and how it would be handled is the more substantial cost. He stated that the costs could range from $200 to $1000 overall. Vice President Stigney referenced the costs to change the Comprehensive Plan and asked how this would be paid for. Director Ericson explained that this would be a cost born by the applicant, which includes the cost of the application fee and the processing of the application. Commissioner Flaherty asked Mr. Seipp why there is a need for assistance. Mr. Seipp explained that the corporation has other alternatives available to them to spend this money here noting that they have sister companies in Wisconsin, Iowa and North Dakota that have capacity noting that it would not surprise him if they suggested contracting the borders and allow them to serve customers from their facilities. He expressed concerns noting that this would not help them to grow or create jobs. He stated that they are trying to hold the costs under $1 million noting that the receptivity to the costs of wetland mitigation and moving a stormwater retention pond would be a difficult struggle for them to convince the corporation of the need. President Marty noted that SYSCO has operated on this property for several years and has made several changes over the years and asked if there is a possibility that SYSCO might end up back here asking for more space. He asked if the three acres would be enough or should they review the plans further and possibly consider transferring five acres now to avoid having to go through