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MOUNDS VIEW <br />EDC Accomplishments <br />February 2020 Report <br />Marketing Plan: Risdall branding study and implementation, signage, trademarked logo, <br />letterhead, MV Matters <br />MV Blvd: Renaming, several meetings with Ramsey County officials <br />• Skyline Motel: Acquisition & redevelopment 2005. 2019 EDA purchased motel and burned, 2020 <br />two developers chosen and two industrial expansions on approx. 6 acres for an approximate $50 <br />mill plus in improvements. <br />■ Housing Improvement Loan Program: Added Emergency Loan and Mobil Home Park loan <br />Program <br />• Business Improvement Loan Program for improving the fagade of established businesses <br />• Medtronic TIF: Currently approx. 4100 employees in three towers with the potential of a fourth <br />tower, 2033 Decertify TIF District <br />■ MWF Workforce Housing Project: Housing TIF, EDA purchased two tax forfeiture lots, then sold <br />in simultaneous transaction, 6 funding sources. At ribbon cutting (1) room left, now a waiting <br />list. <br />• Continue BR & E program: Started very informally, now a well-oiled machine. <br />• Crossroad Pointe Redevelopment: INH 128 market rate apartments, 3 stories, underground <br />parking. $1.1 mill and $250,000 for infrastructure improvements <br />• ID & Create list of properties with redevelopment potential <br />• Snyder Pharmacy: Multiple 50 or more inquiries, now going to be a car wash <br />• EDA levy: $100,000 p/yr assists as a funding source for purchasing and redeveloping properties. <br />■ Bauer Welding Expansion: 2005: Will become a reality two years from now. <br />• Completion of pedestrian trails along both sided of MV Blvd: Completed <br />• Support implementation of city-wide street & utility improvement program <br />• 2011 Monitor TCAAP Activities: Stale Mate: Current in a law suite <br />• Bel Rae Senior Living approx. 98 units: Completed <br />• Review Comprehensive Plan: Business section and have at least one EDC Member join the Comp <br />Plan Task Force <br />• New Website 2017: Currently undergoing a three year redesign. <br />■ Open to Business: Spoke to EDA December 2019. Rep setting up regular monthly hours staring in <br />March <br />