05-27-2003 - Laserfiche WebLink

Home Browse Search

Item No. 6A Meeting Date: May 27, 2003 Type of Business: EDA WK: Work Session; PH: Public Hearing; CA: Consent Agenda; EDA: EDA Business Mounds View City Council Staff Report To: Mounds View City Council From: Aaron Backman, Economic Development Coordinator Item Title/Subject: County Road H2 Residential Development Date of Report: May 22 2003 SUMMARY Over the past month and a half three developer groups hired or worked with land surveyors in preparation of concept plans for the proposed County Road H2 Residential Project. The following developers have submitted plans to the City—copies of which you have before you: Dave Regel Construction, Homes by James, and Pro Craft Homes. City staff is pleased with the quality of each of the developers and believe that each would do an excellent job. The concept plans for the residential development were presented to the City’s Economic Development Commission on 5/18/03. The EDC members were pleased with all the plans. They were excited by the additional tax base that would be generated and viewed the project as serving the purpose for which the land was acquired by the City. The concept plans were also presented to the Planning Commission on 5/21/03. Representatives of all three developers were present to answer the Commissioners’ questions. The Planning Commission viewed all the concept plans as appropriate and ones that would be positive for the City. The Planning Commission encouraged that all three developers be considered by the City Council. Staff seeks input from the M.V. Economic Development Authority regarding these concept plans so that the City Council can make a decision as to which plan makes sense for the City of Mounds View. Staff seeks additional selection criteria from the members that would enable a developer to be selected. Once a concept plan is selected, the City would seek to develop a Letter of Intent with the respective developer that would govern the project. An additional information item for the EDA is a tax-forfeited property. The City has purchased and owns the property of 3016, the lot behind 3000, and lot 2946 along Co. Rd H2. The lot between 3016 and 3000 is a tax-forfeited property with Ramsey County controlled by the city through a use deed. To address the issue of public purpose and to control the area for appropriate development, I requested a purchase price for the 1.5 acre lot. On 5/21/03 the City received the calculation statement from Ramsey with an amount of $68,901. Given that the City has over $200,000 invested into acquiring the other adjacent lots, the purchase price appears to be reasonable. The Planning Commission will consider at a future meeting making a recommendation to the Council regarding the acquisition.