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Mounds View EDA November 28, 2022 <br />Regular Meeting Page 2 <br /> <br /> <br />Ann Tate, 3048 Bronson Drive, explained she lived at the corner of Pleasant View and Bronson <br />Drive. She presented the EDA with a petition against the road redesign that was being considered <br />and requested the planned project be limited to the repair of the existing road. She reported those <br />members of the public that had signed the petition opposed the proposed multi-use trail. <br /> <br />Mayor Mueller asked that Ms. Tate bring her request forward at the City Council meeting under <br />the Public Comment portion of the meeting. <br /> <br />6. EDA BUSINESS <br /> <br />A. EDA Resolution 22-EDA-361, Appointing Members to the Economic <br />Development Commission. <br /> <br />Assistant City Administrator Beeman requested the EDA appoint members to the Economic <br />Development Commission. He reviewed the proposed appointments and recommended approval. <br /> <br />MOTION/SECOND: Meehlhause/Hull. To Waive the Reading and Adopt Resolution 22-EDA- <br />361, Appointing Members to the Economic Development Commission. <br /> <br />Commissioner Meehlhause thanked Dan Larson for his years of service on the Economic <br />Development Commission. <br /> <br />Commissioner Hull thanked Andrina Moe for coming forward to serve on the EDC. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />B. EDA Resolution 22-EDA-362, Approving a Preliminary Development <br />Agreement with Reuter Walton Development, LLC by the Mounds View <br />Economic Development Authority. <br /> <br />Assistant City Administrator Beeman requested the EDA approve a Preliminary Development <br />Agreement with Reuter Walton Development, LLC by the Mounds View Economic Development <br />Authority. He commented on the history of this project and explained Reuter Walton was <br />proposing to construct a $46 million 140-unit apartment building. He reported the Planning <br />Commission reviewed this meeting at their last meeting recommended approval of the preliminary <br />plat. Since that time, staff has been working with the applicant on a Preliminary Development <br />Agreement. Staff commented further on the Preliminary Development Agreement, noting the <br />amount of money the City would receive in park dedication funds and recommended approval. <br /> <br />President Mueller reported there would be two phases to this project. She noted Phase I would <br />include the 140-unit apartment complex that would be constructed in 2023. She asked if the figures <br />reviewed by staff included fees for both Phase I and Phase II. Assistant City Administrator Beeman <br />explained the figures were for Phase I alone.