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CASE <br /> <br />PROPOSED DIRECTION FOR AEC ENERGY PARK SITE FOR <br />DIRECT ENCLOSURES DEVELOPMENT AGREEMEI~T <br /> By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />AEC Energy Park is nearing development potential completion. There still remains areas <br />for expansion of current projects, however, only one site remains that has yet to receive a <br />commitment. The remaining site has been commonly referred to as the "wetland site" <br />and is identified in the map attached to this case. Staff is currently working with a <br />company from Maple Grove to locate a 15,000 square foot facility, which would be <br />expandable to a total of 30,000 square feet. As part of those discussions, it was <br />determined that site work estimates came to over $250,000. <br /> <br />Staff discussed the matter with the City Council during a work session held on May 18, <br />1999, and Council directed staff to continue negotiations as to equitably distribute the <br />costs among the separate parties prior to Council consideration of the matter. Staff is still <br />in the process of negotiating with the proposed company and Connexus Energy and is <br />hopeful that a proposal will be ready for Council consideration during the Council <br />meeting of May 25, 1999. <br /> <br />Council Action: <br /> <br />Based upon discussion. <br /> <br />Reviewed by: <br /> <br />City Administrator <br />Community Development Director <br />Economic Development Consultant <br /> <br />CC: 05./25/99 <br /> <br />~RA-FS~V~L~users~JThie~ing~C~UNC~L&~C~TYC~UN~999~May~DirectEncl~sures.d~c 05/20/99 <br /> <br /> <br />