05-26-2009 - Laserfiche WebLink

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Mounds View EDA May 11, 2009 Regular Meeting Page 5 171 President Flaherty stated a Program is in place and each request can be considered on its own 172 merit. He suggested the current building owner could request funding through the program to 173 install the floor so it meets the Program criteria. President Flaherty stated it may be time to 174 relook at the Program and asked staff to see if something can be worked out with the current 175 building owner. 176 177 Economic Development Specialist Steinmetz stated Silverview Chiropractic has been in Mounds 178 View for about 19 years. 179 180 Executive Director Ericson noted if the application is from Silverview Chiropractic instead of the 181 new dental business, the end result remains the same and he questioned whether Silverview 182 Chiropractic would want to be obligated for another $50,000 when they want to sell the space. 183 184 Vice President Stigney stated he does not support using City money to help this business and 185 suggested staff look at job grants and other funding opportunities. 186 187 Majority EDA consensus was reached that it would be willing to look at the application. 188 189 C. Update – Property Owner (2949 Highway 10) Acquisition Request. 190 191 Economic Development Specialist Steinmetz reviewed the request of Mark Schnor to purchase 192 his .26-acre property at 2949 Highway 10 for redevelopment purposes. She advised that a 193 developer is interested in constructing rental townhomes on that property and four adjacent 194 properties. Economic Development Specialist Steinmetz asked whether the EDA would support 195 townhomes on these five properties. 196 197 Community Development Roberts stated the parcels would require rezoning if used as 198 townhomes. If the EDA is not interested in townhomes, staff would inform the developer of that 199 stance. 200 201 The EDA discussed the potential townhome development. Vice President Stigney stated 202 residents felt that Mounds View had enough rental property so he does not support the proposal. 203 Commissioner Gun agreed the purpose of rezoning was to keep housing off Highway 10. 204 President Flaherty felt the City wanted more of a B2 or B3 use along Highway 10 rather than 205 housing. 206 207 Executive Director Ericson added that the intent was not to completely redevelop to a business 208 corridor, but that there would be some housing. The Comprehensive Plan identifies the corridor 209 as mixed use with a housing component. He noted there may be residential opposition to a 210 commercial development on this site and there has been a transition with a higher number of the 211 population choosing to rent rather than buy. 212