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Mounds View EDA April 25, 2005 Regular Meeting Page 7 referenced Fridley noting that it was eluded to that the Assessor wanted to assess Medtronic $132 255 per square foot, so Medtronic went to Anoka County, who offered an assessment of $109 per 256 square foot. She stated that it is her understanding that Medtronic wants an assessment of $80 257 per square foot and capped. She asked if this would be included as part of the negotiating notice. 258 She asked what happened to the 10-percent Park Dedication Fee and would the 10-percent be 259 paid in land or cash. She asked if the $167,000 would be used to place trails around Cisco and 260 would the trails be open to the public for use. 261 262 Aaron Ojard, 11361 North 6th Drive, stated that he has been serving in the Navy for ten years 263 now noting that he learned to play golf as a young boy at the Bridges. He stated that the 264 discussions should also include the tangibles that Medtronic can’t offer, which is the ability to 265 offer families time together. He noted the talk that the market is saturated in this area with 266 respect to Par 3 courses in this area and asked the Commission what course he could take his son 267 to where he would not be harassed for playing too slow. He stated that The Bridges is a family-268 oriented course and encouraged the Commission to keep family activities in mind when making 269 their decision. 270 271 Duane McCarty, 61 Lake Road, noted that it appears the City is doing a considerable amount of 272 number crunching after decisions have already been made. He referenced the numbers and 273 estimates noting that he has done a bit of his own research. He stated that according to the last 274 report issued by the League of Minnesota Cities, the City of Mounds View’s TIF history, as it 275 compares to other Cities, has been very high. He stated that in the latest report, 2003, it shows 276 that the City is still staying in the upper numbers as far as tax capacity tied up in TIF. He asked 277 what the golf course’s worth would be in terms of a recreational facility and as a quality of life 278 issue. He stated that it is his assumption that the revenue from the billboards would get the golf 279 course into a position of self support noting that the Commission should also consider what 280 would happen with Silverview Park if the billboards don’t bring in enough revenue to cover the 281 maintenance. He stated that if the City can reasonably retain the golf course he urged the 282 Commission and City to do it. 283 284 Peter Martin, 21902 Parkwood Drive stated that he has been playing competitive golf in the PGA 285 circuit for many years noting that as he plays competitive golf around the State people do ask 286 where The Bridges course is located. He congratulated them stating that they have a wonderful 287 golf course that they have managed to find a way for it to be economically viable. He stated that 288 this is a golf course where seniors can play juniors, men and women together and young children 289 can learn the sport of golf. He expressed his agreement with Mr. Ojard that the children are the 290 future for golf and the Community. He stated that this is the best and highest use of the land and 291 urged the Commission to keep that way. 292 293 Tom McKay, 2625 Hilde Road, stated that the golf course was primarily built as a community 294 course noting that the City is now trying to extract a profit from tax dollars. He stated that he 295 does not agree with this process noting that the golf course creates jobs for the community 296