2012.03.12 EDA Packet - Laserfiche WebLink

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wants to build, but everyone is looking for existing space. Graff stated that the EDA and the City are looking for a restaurant in Hugo. He stated that we need someone that has a successful business and wants something long term. Senior housing will not bring the restaurant to downtown Hugo. Commissioner Denaway stated that he would support a smaller housing component and a mix of commercial uses,not a senior housing project that would take up the entire site. He stated do not give up on commercial retail and marketing should mention the other options. Miron thanked the development team for presenting to the EDA. The EDA agreed that the development team should continue to work on development concepts for the property and they expect the purchase agreement to be extended in June. DISCUSSION ON INTERSECTION IMPROVEMENTS AT TH61 AND 170TH STREET MnDOT has plans to construct intersection improvements at TH61 and 170th Street (CSAH 8). The discussions include the options of a traffic signal or a roundabout. The construction will begin in 2013. If a roundabout is selected there will be a center island that can be improved. MnDOT has a basic landscape model for center islands, but other designs can be approved by MnDOT. Jay Kennedy, City Engineer,presented options to the EDA on possible designs for the center island and the projected costs of each design. Staff recommended that the EDA discuss the center island designs options and make a recommendation to the City Council. Klein made a motion, seconded by Denaway, to recommend to the City Council to authorize preparation of concepts/associated costs for consideration. All aye. Motion Carried. UPDATE ON MINNESOTA STABLE OWNERS ASSOCIATION Commissioner Graff addressed the EDA with an update on the Minnesota Stable Owners Association meeting he attended last week. He also discussed the possibility for future equestrian events in Hugo, such as a barn tour event. Commissioner Graff stated that he attended a stable association meeting that included six stables in Hugo. He stated that the stable association liked the idea of a barn tour event and would like to reach out to other stables in the area. There have been no dates set,but Commission Graff will keep the EDA updated. UPDATE ON FIBER OPTICS INSTALLED IN TH61 During the summer of 2011, fiber lines were installed along TH61. Staff met with Enventis the company that installed the fiber line through Hugo. The fiber line is available at a lease rate to anyone who would like to connect to the line. The line can