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Item No: EDA – 6A Meeting Date: Sept 11, 2006 Type of Business: Consent Administrator Review: ____ City of Mounds View Staff Report To: Mounds View Economic Development Authority From: James Ericson, Community Development Director Item Title/Subject: Authorize Contract with DSU / Bonestroo to Provide Planning Services Relating to the Former Premium Stop Property Located at 2390 County Road 10 Discussion: On August 14, 2006, the Economic Development Authority (EDA) considered the attached proposal from DSU / Bonestroo to provide planning services associated with the recently acquired property at 2390 County Road 10. The EDA recognized the need to research and study the parcel however consensus was not reached as to how best to accomplish this. Staff supported the DSU / Bonestroo proposal and recommended EDA authorization. The EDA decided to postpone action until the Economic Development Commission (EDC) was able to review the proposal and provide their own recommendation. The EDA further determined to establish a special EDA Worksession on September 5 to review the recommendations of staff and the EDC. The EDC met on August 18, 2006, considering the DSU / Bonestroo proposal at that time. The commissioners reviewed the detailed tasks of the proposal, the number of parcels to be considered and the estimated cost of the study. The EDC felt strongly that such a study was appropriate and necessary to ensure the City could guide the project area for the highest and best use. They also determined that it made more sense to broaden the scope of the study beyond the subject parcel to include parcels from County Road H2 southeast to Woodale Drive. Ultimately a motion was adopted to move forward with the DSU / Bonestroo study as presented, with the parcels identified and at a cost not to exceed $13,440. At the EDA’s special worksession, John Uban, representing DSU/Bonestroo, was able to review their proposal for services and address questions raised by the EDA. The proposal would involve to conducting a market analysis and feasibility study to gain a better understanding of the development potential of the subject property as well as adjoining parcels within this block on County Road 10. Conducting such a proactive study will help clarify the City’s vision and redevelopment goals for this area, factoring in the site constraints and market conditions. The study would provide the City with the tools to seek out certain types of development and developers rather than simply reacting to development proposals as they are submitted. The EDA suggested two amendments to the resolution presented for discussion, one regarding financial assistance and the other relating to the maximum expenditure for this project. Both changes are reflected in the attached resolution. Premium Stop Study