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1 <br />APPROVED <br />CITY OF LINO LAKES <br />ECONOMIC DEVELOPMENT <br />ADVISORY COMMITTEE <br />MINUTES <br /> <br />DATE: Thursday, September 22, 2005 <br />MEMBERS <br />PRESENT: J. Schwartz, B. Combs, K. Corson, J. Kuschke, K. Hansmann, J. Helgemoe <br />MEMBERS <br />ABSENT: J. Milbauer, T. Vacha, S. Rymer <br />OTHERS <br />PRESENT: Ms. Divine, Greg Hayes (Hardwood Creek LLC) & Kendra Lindahl (Landform) <br /> <br />GENERAL/MINUTES <br />Minutes of August 4, 2005 were approved. <br /> <br />CONSIDERATION OF COMPREHENSIVE PLAN AMENDMENT FOR VILLAGE OF <br />HARDWOOD CREEK <br /> <br />Greg Hayes from Shingobee Builders and Kendra Lindahl from Landform, the real estate <br />planner, representing the Village of Hardwood Creek, LLC (VHC) returned to present an <br />economic analysis of the projected tax base impact of the project. The 362-acre project is <br />located northwest of 35E.Cty Rd. 14 <br /> <br />Ms. Divine explained that EDAC will be considering a recommendation regarding a change to <br />the city’s land use plan from industrial and medium and high density housing, to mixed use to <br />allow for commercial, and low and medium density housing. Approval of a Comprehensive Plan <br />amendment does not constitute any approvals of this project. <br /> <br />Mr. Hayes shared a theme book that showed housing types, trails systems, open space and street <br />types. He explained how the road system will potentially work. He stated that the project follows <br />the guidelines of the AUAR. He stated there was about 85 acres of green space that consists of <br />neighborhood parks and other common open space. The project’s green spaces will be managed <br />by a master association, but open to the public. <br /> <br />He outlined the economic impact. Currently the land pays about $11,000/year in property taxes. <br />The project will pay about $4.9 million in property taxes. This is a conservative estimate. City <br />portion of the taxes is $1.6 million, county is $1.25 million and school district is $863,000 <br />annually. The dollars are there to support roads, infrastructure and schools. A no-build scenario <br />still requires infrastructure improvements, with no new development to help pay for it. <br /> <br />Members expressed their interest in a pedestrian oriented development where residents could <br />walk to the commercial areas, and not be blocked by parking lots. Ms. Lindahl said the <br />residential neighborhood sidewalks will connect to area trails. Also mentioned was the need for a <br />ball park.