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05-13-2019
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05-13-2019
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Last modified
1/29/2025 9:15:26 AM
Creation date
5/14/2019 2:51:16 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
5/13/2019
Commission Doc Number (Ord & Res)
0
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Date
5/13/2019
EDA Document Type
Council Packets
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Mounds View EDA March 11, 2019 <br />Regular Meeting Page 7 <br /> <br />President Mueller anticipated that a Choice Hotel would be a better neighbor to the adjacent 1 <br />manufactured home community than an industrial type development. However, she noted she 2 <br />wanted to see the future developer work with the existing neighbors. 3 <br /> 4 <br />Commissioner Meehlhause questioned if the site was large enough to pursue an industrial 5 <br />development as it stands. Assistant City Administrator Beeman reported industrial projects are 6 <br />typically five acres or larger. 7 <br /> 8 <br />Commissioner Bergeron commented he appreciated the presentation that was made by 9 <br />Commercial Investors Group/Choice Hotels as it took into consideration the neighboring 10 <br />properties. 11 <br /> 12 <br />President Mueller asked if this site was large enough to support a four or five story hotel. 13 <br />Assistant City Administrator Beeman commented the site could support additional parking. 14 <br /> 15 <br />President Mueller recommended staff request additional proposals for the Skyline Motel site for 16 <br />hotels and that the proposals be submitted by mid-May. 17 <br /> 18 <br />Mr. Sowers thanked the EDA for their consideration and noted he would entertain an industrial 19 <br />development on the Bauer property. He stated it was his hope to break ground on a hotel by this 20 <br />fall in order to have the foundation completed before the ground freezes. He commented on the 21 <br />timeline it would take him to complete a market and feasibility study. He explained his interest 22 <br />in this site would diminish if the EDA were not able to move forward with this project in the 23 <br />next 60 days. 24 <br /> 25 <br />Executive Director Zikmund questioned if the EDA would support the use of TIF or other public 26 <br />subsidies for this project. 27 <br /> 28 <br />Commissioner Hull and Commissioner Gunn were open to TIF. 29 <br /> 30 <br />Commissioner Meehlhause stated he would rather not pursue TIF for this project, but noted he 31 <br />could consider TIF if necessary, for the redevelopment of this property. 32 <br /> 33 <br />Commissioner Bergeron stated he did not want to see anything taken off the table in order to 34 <br />have this site properly redeveloped. 35 <br /> 36 <br />President Mueller commented she did not prefer to use TIF for the redevelopment of this 37 <br />property. She summarized the next steps for this project noting staff would be reaching out to 38 <br />Ehlers and the EDA would be reviewing proposals for this property in mid-May. 39 <br /> 40 <br />Executive Director Zikmund requested the EDA keep the door open for the use of a broker. 41 <br /> 42
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