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Mounds View EDA April 11, 2005 <br />Regular Meeting Page 3 <br /> <br />that Medtronic has been named on Fortune’s list of employer benefits six times and has been 88 <br />named one of Fortune’s 100 most admired companies seven times, including the latest listing. 89 <br />In addition, Business Week recently named Medtronic’s Board of Directors one of the ten best 90 <br />boards in corporate America. He stated Medtronic is proud of the work they do in the 91 <br />community, and they are a founding member of the Med Keystone Program and provide 2 92 <br />percent of their domestic pre-tax dollars back to the community in the form of philanthropy. He 93 <br />stated that the master plan for the Mounds View site is to provide 1.5 million square feet in the 94 <br />future. He stated that accounting, sales, education, legal, marketing, and research and 95 <br />development jobs would be housed in the facility. He stated that the reasons for wanting to build 96 <br />in Mounds View are its central location and transportation options. 97 <br /> 98 <br />Vice President Stigney opened the public hearing. He stated that written comments could be 99 <br />given to staff. 100 <br /> 101 <br />John McKusic, 8465 East River Road, stated he has been in Mounds View for 30 years, and he is 102 <br />against Medtronic and for the golf course. He stated there are other locations that Medtronic 103 <br />would choose, and he questioned how many Mounds View residents would be working there. 104 <br />He stated that the golf course is a good asset for the youth. He stated that by the time all this 105 <br />money is spent to get Medtronic in there, all of that money could have gone toward the golf 106 <br />course. He stated that as soon as Medtronic located in Fridley, a lawsuit had started because they 107 <br />wanted to cut down their square foot costs, so he didn’t think this was a good deal. 108 <br /> 109 <br />Nyle Rolfer, 7945 Long Lake Road, stated he has been a resident for 44 years, and he is not in 110 <br />favor of giving Medtronic money. He stated he paid for his own sewer over 20 years. He stated 111 <br />he didn’t know if anyone had seen the paper that was floating around, and he didn’t know if it 112 <br />was true or not. 113 <br /> 114 <br />Council Member Stigney stated the Commission wanted questions regarding the Medtronic’s 115 <br />proposal rather than reading something that may not be factual. 116 <br /> 117 <br />Mr. Rolfer asked what percentage of the buildings in Mounds View are TIF financed. 118 <br /> 119 <br />Council Member Stigney asked whether he had any questions that were relevant to Medtronic. 120 <br /> 121 <br />Mr. Rolfer stated that the golf course is about the only thing left in the city. He stated there are 122 <br />thousands of acres if you drive up 35W and turn off on Lexington. 123 <br /> 124 <br />Mr. Rolfer submitted a piece of paper to the Commission. 125 <br /> 126 <br />Duane McCarty, 8060 Long Lake Road, stated that Minnesota is very fortunate to have 127 <br />Medtronic in the state, and they are one of the premier companies in the entire country. He stated 128 <br />an important part of the discussion is that this hearing is to get information to the Council, and 129