Agenda Packets - 2001/06/11 - Laserfiche WebLink

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Mounds View City Council May 29, 2001 Regular Meeting Page 14 E. Consider Resolution 5567, a Resolution Approving Plans and Specifications, Advertising, and Bid Date for Project 01-06, Edgewood Middle School Regional Pond. Economic Development Coordinator Parrish noted that, in conjunction with the redevelopment of the Mermaid parcel, a regional storm water management pond had been proposed. He then explained that the pond encompasses approximately 30 acres and would treat water that is currently untreated and flowing into Rice Creek. Economic Development Coordinator Parrish reminded Council that the pond was discussed at a work session in August and Council had agreed that the City would contribute to the funding for the pond. He then noted there is a grant for $333,000 and Ramsey County has agreed to pay $68,000 toward the pond. Council Member Marty questioned why the contribution from Ramsey County and the grant amount were different in the Resolution than in the Staff report. Economic Development Coordinator Parrish indicated the correct amount for Ramsey County’s contribution was $65,415. He also noted that there have been costs incurred that have reduced the grant amount to $315,000. Council Member Thomas asked if Staff had approached Ramsey County to see if they would contribute more as the costs have gone up. Economic Development Coordinator Parrish indicated he has not asked for more money as Ramsey County is contributing the full price for the amount of water that is draining to the pond. Council Member Stigney noted that Council had agreed, at the work session in August, to pay the estimated $60,000. He then noted that the City’s estimated portion is now $150,000 and suggested Staff contact private developers to front the money. Economic Development Coordinator Parrish indicated that the main reason for the increase in costs for the pond is the increased costs of construction. He then noted that if he were to contact the developer and suggest a contribution to the pond he would be told that the City would not have received the grant without them and the grant is their contribution. He further noted that the pond is a regional pond that will serve above and beyond the area of the development. Council Member Stigney reiterated that he felt, in light of the increased cost for the project, the developer should be asked to contribute to the project. Economic Development Coordinator Parrish indicated he could ask the developer for a contribution. Council Member Quick asked if this type of use is a typical use for TIF money.