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Mounds View EDA November 14, 2005 Regular Meeting Page 6 comes down to the primary purchase of the property should be a developer, not the City. However, the City is the primary entity to install the infrastructure. She stated the hindrance on those properties may have been because of the City’s lack of infrastructure. So, during the next two years as other investments are made, it may encourage development to take place that does not require City involvement. Commissioner Thomas stated the Premium Stop is a serious concern for her but it is an independent property so the City has to wait for them to decide what they want to do. She stated that issue along with the heart-of-the City issue puts the Skyline Motel acquisition farther down on the list for her, even knowing about the public safety concerns. Commissioner Flaherty stated he concurs and appreciates the EDC bringing these priorities before the EDA. He stated he is in favor of controlling what the City can control. When dealing with the County Road 10 corridor, it involves contractors and the County and is somewhat out of the City’s control. However, City-wide road construction can be controlled by the City and there are no restrictions standing in the City’s way. He stated that ties into the County Road 10 corridor and is a very large “piece of pie.” He stated his support to move on the development of the City’s roads. President Marty stated Director Ericson mentioned that excess TIF funds will have to be returned if a project is not started before 2007 but he saw nothing about the trailway project on Silver Lake Road, which will take $350,000 and up, depending on the wetland areas. He stated he is still working with the County Commissioners in the City’s attempt to get a stop light at Silver Lake Road and County Road H. President Marty asked why that was not reflected in the list. Director Ericson stated that can be added and the funding priorities re-tabulated. He noted there are several other projects that could be added as well. President Marty stated it could be used for street reconstruction but Ehlers & Associates had it pegged out only six years. At the last meeting this issue was discussed, Public Works Director Lee said the street reconstruction was about an 18-year project to get all the streets done. He explained that his concern is that people within the next six years will get a $9 million break and then after that residents will be assessed. He asked if the $9 million can be stretched out so every resident gets a “piece of the pie.” City Administrator Ulrich stated the likely scenario would be to leave the assessment to residents the same but the 75% the City covers would not be taxed throughout the City. He agreed it would be nice to find a way to ease that in since it is a long term project. Commissioner Gunn stated she agrees that the City’s roads are the number one priority. However, she does not want to lose sight of the County Road 10 project. She stated the trails