Minutes - 2005/06/20 - Laserfiche WebLink

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Mounds View City Council June 20, 2005 Special Meeting Page 17 • John Kopas, 2222 County Highway 10, stated he had very strong emotions and if he lived by the golf course, he would be concerned about the traffic also. He noted he was before the Council about 2.5 years ago and he was the victim of Brighton Village and was told he had to move because they were going to get torn down. He noted he did not want to move, but he was not given any choice. He believed the Medtronic employees would do business in Mounds View. He stated Highway 10 was beginning to look nice and the City should be proud. He supported Medtronic coming into the community and there were a lot of benefits to having a first class company come to the community. Stacy Gardebrecht, 8484 Sunnyside Road, stated this was the first time she had heard that The Bridges Golf Course was owned by the City. She noted she had lived in the City for three years, but did not know the City owned the golf course. She stated the City should never say never and the Council/EDA needed to look at what was best for the community. She asked if there was a guarantee that Medtronic would be a good solid company and still be in the community in 25 years. She noted there were no guarantees and asked what would happen if Medtronic was not around in 25 years. Edwin Benson, 5108 Long Lake Road, stated eventually the golf course would probably have to go, but he did not believe this was the appropriate development because of the 25-year TIF financing. He noted the City was not making any more land, so the land would not go down in value. • Bill Folkes, GM and Director of Golf, 701 Bunker Lake Boulevard, stated he had read through the proposals and he had done a lot of research over the years. He noted under option one he would not place a lot of weight on the three percent yearly increase. He indicated they were budgeting flat rounds over the next couple of years, so the three percent was hopeful, but he would not put a lot of stock into it. He believed it would be a good idea to determine what the utilization rates were back in the year 2000 and if it continued to grow to the level of 50,000 rounds could they actually do a level of 50,000 rounds, and if they could not do that to break even on the property, they had to take that into consideration. He asked how much longer the City would want to subsidize the golf course. Mr. Blanski asked if this went through that Medtronic consider putting their address as Mounds View and not Minneapolis. Brian Amundsen asked if they had checked into how much TIF money a City should be allowed. City Administrator Ulrich replied they had not looked into this. Mr. Amundsen requested they look into this. Mr. Amundsen asked what the City was going to do with the existing TIF District they already had in place. Shelly Eldridge replied all of the parcels they were looking at putting into the TIF District were currently exempt and therefore they were already not generating taxes and they • would have no effect on the current tax district.