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HomeMy WebLinkAbout05-19-2006 I-Jorkir) Cafj MOUNDS VIEW O ECONOMIC DEVELOPMENT COMMISSION AGENDA May 19, 2006 7:30 A.M. NEW BRIGHTON CITY HALL* - CITY COUNCIL CHAMBERS *Note that the EDC is meeting at the New Brighton location due to city hall renovation in Mounds View. 1. CALL TO ORDER 7;77 A.M. 2. ROLL CALL (Present = P, Absent = A) I/ Belting Entsminger Field Helgemoe Jaker Johnson (Open) Backman (Staff) Ericson (Staff) 3. APPROVE EDC MINUTES April 21, 2006 r`444/ Motion: Second: Vote: • 4. SPECIAL BUSINESS Ei)c t.,ber Ci.57" — checkcr orre ; Of erk;n5 - 42, ly 4/-01eicop,c fo Cry fir. A. None 1-1.78 Mao., Corn) , -02 5. EDC BUSINESS ./ A. Continued Discussion of Economic Development Funding Priorities (Jim Ericson's April 19, 2006 Report). More information provided at meeting. 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners -No Materials Attached B. Reports of Staff 1. Update on Medtronic CRM Corporate Campus • Opus paid the City $434,776.47 for building permit and utility fees for the Central Building on April 25, 2006. Medtronic paid the City $1,290,000 for well #4 upgrade, water and sewer utilities to the Medtronic site, and the City road reconstruction fund. Plan review for the South Building is completed, with permits to be issued. • • M.V. City Council approved revisions to Ordinance 769 revising Chapter 1008 of the Municipal Code relating to signs and billboards. These revisions are intended to facilitate the relocation of billboards from the Medtronic site to other locations in Mounds View (per agreements with Clear Channel and with Medtronic). B. Reports of Staff (Continued) • Two weeks ago concrete footings for the Central building were begun. Setup of steel beams for the North Building began on May 3, 2006. • Ramsey County Board gave conditional approval of the construction contract associated with the Co. Road J Project to Lunda Construction on April 25, 2006. • Road construction on County Road J is slated to begin on Monday, May 22, 2006. • Work on three wetland mitigation ponds on the east side of the property near I-35W is largely completed. 2. Update on SYSCO Minnesota Parking Expansion 3. Hidden Hollow South Residential Project—Dan Saplis, Coldwell Banker/Burnet 4. Weather-Rite, Inc., Business Prospect from Minneapolis 5. Other ea 7. ADJOURN at A.M.3" Next Regularly Scheduled Meeting: June 16, 2006 \\Trout\CommDev\Economic Development\EDC\Agendas\Agenda06\5-19-06.doc Apprca,vc� Minutes of the Economic Development Commission • City of Mounds View Ramsey County, Minnesota Regular Meeting May 19, 2006 City of New Brighton, Council Chambers 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: Chairperson Torri Johnson called the meeting to order at 7:37 a.m. 2. ROLL CALL: • Members Present: Greg Belting, Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson Members Absent: None. Staff Present: Economic Development Coordinator Aaron Backman Others Present: Gary Meehlhause • 3. APPROVAL OF EDC MINUTES: Motion/Second: The April 21, 2006 minutes were not completed by this meeting. No Commission action was taken. 4. SPECIAL BUSINESS A. Backman noted that Stan McDonald has resigned from the EDC. He noted that ads were placed in the newspaper. One application for an EDC resident representative was received by the deadline—Gary Meehlhause. Mr. Meehlhause has worked with Deluxe for 32 years and has served on the Planning Commission for the past two years. Backman invited Gary Meehlhause as a guest to this meeting. His application to the EDC will be considered by the M.V. EDA on Monday, May 22, 2006. B. After eight months of renovations, City Hall is now open for business. A ribboncutting ceremony will be held on May 22, 2006 at 6:00 p.m. in front of the main doors. The public is invited. 5. EDC BUSINESS A. Continued Discussion of the Economic Development Funding Priorities and Philosophy. At the April 21st meeting Backman did highlight the five potential outcomes or options outlined in Jim Ericson's report to the M.V. Planning Commission. The Planning Commission did not focus on the TIF districts but on where the money should be spent--Silverview Plaza, Moundsview Square, County Road 10, • and Infrastructure. Approx. $14.4 million would be generated over the next nine years under the current scenario. Backman reviewed a document put together by Shelly Eldridge, Ehlers & Associates, our TIF financial advisors, that outlined the financial increments or resources available for each of the five scenarios. Johnson asked if these scenarios include or exclude the Medtronic EDC Minutes ,ter May 19, 2006 No Approved Page 2 4b district. Backman responded that Medtronic District#5 is excluded from this comparison because its increment must be used within the district. The City can pool the TIF from the three older districts for purposes elsewhere in the City. Backman reviewed the motion that was adopted at the April EDC meeting—it advised the EDA to pursue options to reduce the amount of TIF collected while still meeting the Economic Development goals and priorities set forth by the City. Field asked if we decertified TIF District#3 early would the City be handling all of its obligations. Backman indicated that it would not be closed out until its obligations (i.e. SYSCO note) were satisfied. Johnson suggested the EDC consider Option 1 (Status Quo), Option 2 (Decertification of District 3), or Option 5) (10% Reduction in Captured Value Decertification). Jaker stated that there were two issues—do the TIF funds supplement the City's taxes or supplant the City's taxes? He also stated that it appeared that the EDC had not changed its priorities for TIF resources. After further discussion it was the consensus to stay with the status quo option and that Johnson will attend the next EDA meeting to convey the EDC's position. 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners. Helgemoe noted that the TCN Chambers Golf Tournament will be held at Majestic Oaks on June 2nd. Entsminger complemented staff and council members on the Town Hall meeting that was held on Saturday,April 29th at the Mounds View Community Center. She was concerned about the limited attendance by the public and wondered if there are steps that can be taken to enhance it. Johnson mentioned that Walkable Community Workshop that was held on May 11th, and indicated that it was a positive event. B. Report of Staff: • 1. Update on Medtronic CRM Corporate Campus: Backman distributed photographs of the campus construction. Backman indicated setup of steel beams for the North Building began on May 3, 2006 and now is up to three and four stories. On April 25, 2006, the City received about$434,776 from Opus, the design builder for the Medtronic CRM Campus, for building permits and utility fees for the Central Building. Medtronic paid $1.3 million for Well #4 Upgrade, water and sewer utilities to the Medtronic site, and the City road reconstruction fund. To date the City has received payments approaching $13 million. The Mounds View City Council approved revisions to Ordinance 769 revising Chapter 1008 of the Municipal Code relating to signs and billboards (including allowing a billboard along County Road 10). These revisions are intended to facilitate the relocation of billboards from the Medtronic site to other locations in Mounds View(per agreements with Clear Channel and with Medtronic). The Ramsey County Board gave conditional approval of the construction contract associated with the County Road J project to Lunda Construction. Construction activities on the road are slated to begin on May 22, 2006. 2. Update on SYSCO Minnesota Parking Expansion: At next Monday's City Council meeting four items need to be acted upon to move the project forward: Resolution 6804 approving the final plat and a wetland alteration permit; Ordinance 761 approving the rezoning of three acres necessary for the project; Ordinance 762 approving the transfer of the three acres from the City to SYSCO; and Ordinance 763 approving the vacation of excess easements. 3. Hidden Hollow South Residential Project—Dan Saplis, Coldwell Banker/Burnet: The building permit was picked up for the model home (Lot #6). Wetland buffer permits are 10 needed for Lots 1 and 2, and will be considered on June 12th. A grading permit is pending. The City Council will award a construction contract on June 12th for Pleasant View Circle, a new road on the west side of the subdivision. EDC Minutes p ,ter May 19, 2006 Not t A�'O p roved Page 3 • 4. Weather-Rite, Inc., Business Prospect from Minneapolis: This prospective business is located in downtown Minneapolis in an old, inefficient building near the site of the proposed Twins stadium. The company manufactures HVAC systems, has 60 employees, and needs a larger facility. Backman suggested Building A in the M.V. Business Park to the company. He set up a meeting between the President of the company and CB Richard Ellis. 5. Other: Members asked Backman the status of various properties or projects. He quickly responded to the following—Fastenal (opened in Hwy 10 Business Center), contractor supply business in Silver View Square(lease signed with Ames), Premium Stop(Phase 1 & 2 completed, tanks pulled), Skyline Motel (nothing new), PAC (nothing new), Long Lake Business Center (LandCor, nothing new), Red Oak Estates (site prep underway, utilities being installed), Random Park Building (sprinkler plans to be submitted). 7. ADJOURNMENT There being no further business before the Commission,Johnson adjourned the May 19th meeting of the Economic Development Commission at 9:00 a.m. Respectfully submitted, 1.140./ter.- 1110 0./.er.- I . Aaron A. Backman Economic Development Coordinator \\Trout\CommDev\Economic Development\EDC\Minutes\Min06\4-21-06.doc • Q[ prop v d Minutes of the Economic Development Commission • City of Mounds View Ramsey County, Minnesota Regular Meeting May 19, 2006 City of New Brighton, Council Chambers 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: Chairperson Torri Johnson called the meeting to order at 7:37 a.m. 2. ROLL CALL: Members Present: Greg Belting, Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson Members Absent: None. Staff Present: Economic Development Coordinator Aaron Backman Others Present: Gary Meehlhause • 3. APPROVAL OF EDC MINUTES: Motion/Second: The April 21, 2006 minutes were not completed by this meeting. No Commission action was taken. 4. SPECIAL BUSINESS A. Backman noted that Stan McDonald has resigned from the EDC. He noted that ads were placed in the newspaper. One application for an EDC resident representative was received by the deadline—Gary Meehlhause. Mr. Meehlhause has worked with Deluxe for 32 years and has served on the Planning Commission for the past two years. Backman invited Gary Meehlhause as a guest to this meeting. His application to the EDC will be considered by the M.V. EDA on Monday, May 22, 2006. B. After eight months of renovations, City Hall is now open for business. A ribboncutting ceremony will be held on May 22, 2006 at 6:00 p.m. in front of the main doors. The public is invited. 5. EDC BUSINESS A. Continued Discussion of the Economic Development Funding Priorities and Philosophy. At the April 21st meeting Backman did highlight the five potential outcomes or options outlined in Jim Ericson's report to the M.V. Planning Commission. The Planning Commission did not focus on the TIF districts but on where the money should be spent--Silverview Plaza, Moundsview Square, County Road 10, • and Infrastructure. Approx. $14.4 million would be generated over the next nine years under the current scenario. Backman reviewed a document put together by Shelly Eldridge, Ehlers & Associates, our TIF financial advisors, that outlined the financial increments or resources available for each of the five scenarios. Johnson asked if these scenarios include or exclude the Medtronic EDC Minutes ,,te�.rr May 19, 2006 Not Approved. Page 2 • district. Backman responded that Medtronic District#5 is excluded from this comparison because its increment must be used within the district. The City can pool the TIF from the three older districts for purposes elsewhere in the City. Backman reviewed the motion that was adopted at the April EDC meeting—it advised the EDA to pursue options to reduce the amount of TIF collected while still meeting the Economic Development goals and priorities set forth by the City. Field asked if we decertified TIF District#3 early would the City be handling all of its obligations. Backman indicated that it would not be closed out until its obligations (i.e. SYSCO note) were satisfied. Johnson suggested the EDC consider Option 1 (Status Quo), Option 2 (Decertification of District 3), or Option 5) (10% Reduction in Captured Value Decertification). Jaker stated that there were two issues—do the TIF funds supplement the City's taxes or supplant the City's taxes? He also stated that it appeared that the EDC had not changed its priorities for TIF resources. After further discussion it was the consensus to stay with the status quo option and that Johnson will attend the next EDA meeting to convey the EDC's position. 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners. Helgemoe noted that the TCN Chambers Golf Tournament will be held at Majestic Oaks on June 2"d. Entsminger complemented staff and council members on the Town Hall meeting that was held on Saturday,April 29th at the Mounds View Community Center. She was concerned about the limited attendance by the public and wondered if there are steps that can be taken to enhance it. Johnson mentioned that Walkable Community Workshop that was held on May 11th, and indicated that it was a positive event. B. Report of Staff: • 1. Update on Medtronic CRM Corporate Campus: Backman distributed photographs of the campus construction. Backman indicated setup of steel beams for the North Building began on May 3, 2006 and now is up to three and four stories. On April 25, 2006, the City received about$434,776 from Opus, the design builder for the Medtronic CRM Campus, for building permits and utility fees for the Central Building. Medtronic paid $1.3 million for Well #4 Upgrade, water and sewer utilities to the Medtronic site, and the City road reconstruction fund. To date the City has received payments approaching $13 million. The Mounds View City Council approved revisions to Ordinance 769 revising Chapter 1008 of the Municipal Code relating to signs and billboards (including allowing a billboard along County Road 10). These revisions are intended to facilitate the relocation of billboards from the Medtronic site to other locations in Mounds View(per agreements with Clear Channel and with Medtronic). The Ramsey County Board gave conditional approval of the construction contract associated with the County Road J project to Lunda Construction. Construction activities on the road are slated to begin on May 22, 2006. 2. Update on SYSCO Minnesota Parking Expansion: At next Monday's City Council meeting four items need to be acted upon to move the project forward: Resolution 6804 approving the final plat and a wetland alteration permit; Ordinance 761 approving the rezoning of three acres necessary for the project; Ordinance 762 approving the transfer of the three acres from the City to SYSCO; and Ordinance 763 approving the vacation of excess easements. 3. Hidden Hollow South Residential Project—Dan Saplis, Coldwell Banker/Burnet: The building permit was picked up for the model home (Lot #6). Wetland buffer permits are • needed for Lots 1 and 2, and will be considered on June 12th. A grading permit is pending. The City Council will award a construction contract on June 12th for Pleasant View Circle, a new road on the west side of the subdivision. •EDC Minutes ,ter • May 19, 2006 Not Approved Page 3 • 4. Weather-Rite, Inc., Business Prospect from Minneapolis: This prospective business is located in downtown Minneapolis in an old, inefficient building near the site of the proposed Twins stadium. The company manufactures HVAC systems, has 60 employees, and needs a larger facility. Backman suggested Building A in the M.V. Business Park to the company. He set up a meeting between the President of the company and CB Richard Ellis. 5. Other: Members asked Backman the status of various properties or projects. He quickly responded to the following—Fastenal (opened in Hwy 10 Business Center), contractor supply business in Silver View Square (lease signed with Ames), Premium Stop(Phase 1 & 2 completed, tanks pulled), Skyline Motel (nothing new), PAC (nothing new), Long Lake Business Center (LandCor, nothing new), Red Oak Estates (site prep underway, utilities being installed), Random Park Building (sprinkler plans to be submitted). 7. ADJOURNMENT There being no further business before the Commission,Johnson adjourned the May 19th meeting of the Economic Development Commission at 9:00 a.m. Respectfully submitted, 440 /2. • Aaron A. Backman Economic Development Coordinator \\Trout\CommDev\Economic Development\EDC\Minutes\Min06\4-21-06.doc • Minutes of the Economic Development Commission • City of Mounds View Ramsey County, Minnesota Regular Meeting May 19, 2006 City of New Brighton, Council Chambers 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: Chairperson Toni Johnson called the meeting to order at 7:37 a.m. 2. ROLL CALL: Members Present: Greg Belting, Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Torri Johnson Members Absent: None. Staff Present: Economic Development Coordinator Aaron Backman Others Present: Gary Meehlhause • 3. APPROVAL OF EDC MINUTES: Motion/Second: The April 21, 2006 minutes were not completed by this meeting. No Commission action was taken. 4. SPECIAL BUSINESS A. Backman noted that Stan McDonald has resigned from the EDC. He noted that ads were placed in the newspaper. One application for an EDC resident representative was received by the deadline—Gary Meehlhause. Mr. Meehlhause has worked with Deluxe for 32 years and has served on the Planning Commission for the past two years. Backman invited Gary Meehlhause as a guest to this meeting. His application to the EDC will be considered by the M.V. EDA on Monday, May 22, 2006. B. After eight months of renovations, City Hall is now open for business. A ribboncutting ceremony will be held on May 22, 2006 at 6:00 p.m. in front of the main doors. The public is invited. 5. EDC BUSINESS A. Continued Discussion of the Economic Development Funding Priorities and Philosophy. At the April 21st meeting Backman did highlight the five potential outcomes or options outlined in Jim Ericson's report to the M.V. Planning Commission. The Planning Commission did not focus on the TIF districts but on where the money should be spent--Silverview Plaza, Moundsview Square, County Road 10, . and Infrastructure. Approx. $14.4 million would be generated over the next nine years under the current scenario. Backman reviewed a document put together by Shelly Eldridge, Ehlers & Associates, our TIF financial advisors, that outlined the financial increments or resources available for each of the five scenarios. Johnson asked if these scenarios include or exclude the Medtronic EDC Minutes May 19, 2006 Not Approved r�ov d Page 2 district. Backman responded that Medtronic District#5 is excluded from this comparison because its increment must be used within the district. The City can pool the TIF from the three older districts for purposes elsewhere in the City. Backman reviewed the motion that was adopted at the April EDC meeting—it advised the EDA to pursue options to reduce the amount of TIF collected while still meeting the Economic Development goals and priorities set forth by the City. Field asked if we decertified TIF District#3 early would the City be handling all of its obligations. Backman indicated that it would not be closed out until its obligations (i.e. SYSCO note) were satisfied. Johnson suggested the EDC consider Option 1 (Status Quo), Option 2(Decertification of District 3), or Option 5) (10% Reduction in Captured Value Decertification). Jaker stated that there were two issues—do the TIF funds supplement the City's taxes or supplant the City's taxes? He also stated that it appeared that the EDC had not changed its priorities for TIF resources. After further discussion it was the consensus to stay with the status quo option and that Johnson will attend the next EDA meeting to convey the EDC's position. 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners. Helgemoe noted that the TCN Chambers Golf Tournament will be held at Majestic Oaks on June 2nd. Entsminger complemented staff and council members on the Town Hall meeting that was held on Saturday,April 29th at the Mounds View Community Center. She was concerned about the limited attendance by the public and wondered if there are steps that can be taken to enhance it. Johnson mentioned that Walkable Community Workshop that was held on May 11th, and indicated that it was a positive event. B. Report of Staff: • 1. Update on Medtronic CRM Corporate Campus: Backman distributed photographs of the campus construction. Backman indicated setup of steel beams for the North Building began on May 3, 2006 and now is up to three and four stories. On April 25, 2006, the City received about$434,776 from Opus, the design builder for the Medtronic CRM Campus, for building permits and utility fees for the Central Building. Medtronic paid $1.3 million for Well #4 Upgrade, water and sewer utilities to the Medtronic site, and the City road reconstruction fund. To date the City has received payments approaching $13 million. The Mounds View City Council approved revisions to Ordinance 769 revising Chapter 1008 of the Municipal Code relating to signs and billboards (including allowing a billboard along County Road 10). These revisions are intended to facilitate the relocation of billboards from the Medtronic site to other locations in Mounds View(per agreements with Clear Channel and with Medtronic). The Ramsey County Board gave conditional approval of the construction contract associated with the County Road J project to Lunda Construction. Construction activities on the road are slated to begin on May 22, 2006. 2. Update on SYSCO Minnesota Parking Expansion: At next Monday's City Council meeting four items need to be acted upon to move the project forward: Resolution 6804 approving the final plat and a wetland alteration permit; Ordinance 761 approving the rezoning of three acres necessary for the project; Ordinance 762 approving the transfer of the three acres from the City to SYSCO; and Ordinance 763 approving the vacation of excess easements. 3. Hidden Hollow South Residential Project—Dan Saplis, Coldwell Banker/Burnet: The building permit was picked up for the model home (Lot #6). Wetland buffer permits are • needed for Lots 1 and 2, and will be considered on June 12th. A grading permit is pending. The City Council will award a construction contract on June 12th for Pleasant View Circle, a new road on the west side of the subdivision. • EC Minutes May 9, 2006 Not Approved Page 3 • 4. Weather-Rite, Inc., Business Prospect from Minneapolis: This prospective business is located in downtown Minneapolis in an old, inefficient building near the site of the proposed Twins stadium. The company manufactures HVAC systems, has 60 employees, and needs a larger facility. Backman suggested Building A in the M.V. Business Park to the company. He set up a meeting between the President of the company and CB Richard Ellis. 5. Other: Members asked Backman the status of various properties or projects. He quickly responded to the following—Fastenal (opened in Hwy 10 Business Center), contractor supply business in Silver View Square (lease signed with Ames), Premium Stop(Phase 1 & 2 completed, tanks pulled), Skyline Motel (nothing new), PAC (nothing new), Long Lake Business Center (LandCor, nothing new), Red Oak Estates (site prep underway, utilities being installed), Random Park Building (sprinkler plans to be submitted). 7. ADJOURNMENT There being no further business before the Commission,Johnson adjourned the May 19th meeting of the Economic Development Commission at 9:00 a.m. Respectfully submitted, • Aaron A. Backman Economic Development Coordinator \\Trout\CommDev\Economic Development\EDC\Minutes\Min06\4-21-06.doc Minutes of the Economic Development Commission • City of Mounds View Ramsey County, Minnesota Regular Meeting May 19, 2006 City of New Brighton, Council Chambers 2401 Highway 10, Mounds View, MN 55112 1. CALL TO ORDER: Chairperson Toni Johnson called the meeting to order at 7:37 a.m. 2. ROLL CALL: Members Present: Greg Belting, Jackie Entsminger, Tom Field, Jason Helgemoe, Jerry Jaker, Toni Johnson Members Absent: None. Staff Present: Economic Development Coordinator Aaron Backman Others Present: Gary Meehlhause • 3. APPROVAL OF EDC MINUTES: Motion/Second: The April 21, 2006 minutes were not completed by this meeting. No Commission action was taken. 4. SPECIAL BUSINESS A. Backman noted that Stan McDonald has resigned from the EDC. He noted that ads were placed in the newspaper. One application for an EDC resident representative was received by the deadline—Gary Meehlhause. Mr. Meehlhause has worked with Deluxe for 32 years and has served on the Planning Commission for the past two years. Backman invited Gary Meehlhause as a guest to this meeting. His application to the EDC will be considered by the M.V. EDA on Monday, May 22, 2006. B. After eight months of renovations, City Hall is now open for business. A ribboncutting ceremony will be held on May 22, 2006 at 6:00 p.m. in front of the main doors. The public is invited. 5. EDC BUSINESS A. Continued Discussion of the Economic Development Fundinq Priorities and Philosophy. At the April 21St meeting Backman did highlight the five potential outcomes or options outlined in Jim Ericson's report to the M.V. Planning Commission. The Planning Commission did not focus on the TIF districts but on where the money should be spent--Silverview Plaza, Moundsview Square, County Road 10, • and Infrastructure. Approx. $14.4 million would be generated over the next nine years under the current scenario. Backman reviewed a document put together by Shelly Eldridge, Ehlers & Associates, our TIF financial advisors, that outlined the financial increments or resources available for each of the five scenarios. Johnson asked if these scenarios include or exclude the Medtronic , EDC Minutes �� ,,te� May 19, 2006 Not Approved Page 2 • district. Backman responded that Medtronic District#5 is excluded from this comparison because its increment must be used within the district. The City can pool the TIF from the three older districts for purposes elsewhere in the City. Backman reviewed the motion that was adopted at the April EDC meeting—it advised the EDA to pursue options to reduce the amount of TIF collected while still meeting the Economic Development goals and priorities set forth by the City. Field asked if we decertified TIF District#3 early would the City be handling all of its obligations. Backman indicated that it would not be closed out until its obligations (i.e. SYSCO note) were satisfied. Johnson suggested the EDC consider Option 1 (Status Quo), Option 2 (Decertification of District 3),or Option 5) (10% Reduction in Captured Value Decertification). Jaker stated that there were two issues—do the TIF funds supplement the City's taxes or supplant the City's taxes? He also stated that it appeared that the EDC had not changed its priorities for TIF resources. After further discussion it was the consensus to stay with the status quo option and that Johnson will attend the next EDA meeting to convey the EDC's position. 6. REPORT OF COMMISSIONERS, STAFF AND EDA LIAISON A. Report of Commissioners. Helgemoe noted that the TCN Chambers Golf Tournament will be held at Majestic Oaks on June 2"d. Entsminger complemented staff and council members on the Town Hall meeting that was held on Saturday,April 29th at the Mounds View Community Center. She was concerned about the limited attendance by the public and wondered if there are steps that can be taken to enhance it. Johnson mentioned that Walkable Community Workshop that was held on May 11th, and indicated that it was a positive event. B. Report of Staff: • 1. Update on Medtronic CRM Corporate Campus: Backman distributed photographs of the campus construction. Backman indicated setup of steel beams for the North Building began on May 3, 2006 and now is up to three and four stories. On April 25, 2006, the City received about$434,776 from Opus, the design builder for the Medtronic CRM Campus, for building permits and utility fees for the Central Building. Medtronic paid $1.3 million for Well #4 Upgrade, water and sewer utilities to the Medtronic site, and the City road reconstruction fund. To date the City has received payments approaching $13 million. The Mounds View City Council approved revisions to Ordinance 769 revising Chapter 1008 of the Municipal Code relating to signs and billboards(including allowing a billboard along County Road 10). These revisions are intended to facilitate the relocation of billboards from the Medtronic site to other locations in Mounds View(per agreements with Clear Channel and with Medtronic). The Ramsey County Board gave conditional approval of the construction contract associated with the County Road J project to Lunda Construction. Construction activities on the road are slated to begin on May 22, 2006. 2. Update on SYSCO Minnesota Parking Expansion: At next Monday's City Council meeting four items need to be acted upon to move the project forward: Resolution 6804 approving the final plat and a wetland alteration permit; Ordinance 761 approving the rezoning of three acres necessary for the project; Ordinance 762 approving the transfer of the three acres from the City to SYSCO; and Ordinance 763 approving the vacation of excess easements. 3. Hidden Hollow South Residential Project—Dan Saplis, Coldwell Banker/Burnet: The building permit was picked up for the model home (Lot #6). Wetland buffer permits are • needed for Lots 1 and 2, and will be considered on June 12th. A grading permit is pending. The City Council will award a construction contract on June 12th for Pleasant View Circle, a new road on the west side of the subdivision. EDC Minutes May 19, 2006 Not Approved Page 3 4. Weather-Rite, Inc., Business Prospect from Minneapolis: This prospective business is located in downtown Minneapolis in an old, inefficient building near the site of the proposed Twins stadium. The company manufactures HVAC systems, has 60 employees, and needs a larger facility. Backman suggested Building A in the M.V. Business Park to the company. He set up a meeting between the President of the company and CB Richard Ellis. 5. Other: Members asked Backman the status of various properties or projects. He quickly responded to the following—Fastenal (opened in Hwy 10 Business Center), contractor supply business in Silver View Square(lease signed with Ames), Premium Stop(Phase 1 & 2 completed, tanks pulled), Skyline Motel (nothing new), PAC (nothing new), Long Lake Business Center (LandCor, nothing new), Red Oak Estates (site prep underway, utilities being installed), Random Park Building (sprinkler plans to be submitted). 7. ADJOURNMENT There being no further business before the Commission, Johnson adjourned the May 19th meeting of the Economic Development Commission at 9:00 a.m. Respectfully submitted, Aaron A. Backman • Economic Development Coordinator \\Trout\CommDev\Economic Development\EDC\Minutes\Min06\4-21-06.doc IP