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CASE # <br /> <br />HIGHWAY #10 FRONTAGE ROAD ACQUISITION <br /> By: James E. Norman, City Administrator <br /> <br />Background: <br /> <br />The recent Concept Plan for Highway #10 Corridor performed by HKGi, primarily focused on a <br />frontage road system (map attached to case). Staff has been negotiating with property owners to <br />the east of Sunfish Lake Boulevard for a redevelopment project that would include a frontage <br />road system and there has been recent discussions with the Sunfish Commons project in regard <br />to the frontage road system west of Sunfish Lake Boulevard. More recently, the City has been <br />involved in active negotiations to acquire the frontage road system in front of Ramsey B&B, <br />LLC, and Ramsey Professional Building. <br /> <br />It appears that the City may be in active discussions for similar frontage system property <br />acquisition in the near future and a source of revenues to acquire the property has not been <br />discussed as a policy. Staff will ask to discuss the need for a frontage road system, costs and <br />obstacles that will be encountered, benefits of developing a frontage road system and possible <br />revenue sources for this important redevelopment project. <br /> <br />EDA Action: <br /> <br />Based upon discussion. <br /> <br />Reviewed by: <br /> <br />City Administrator <br /> <br />EDA: 10/08/01 <br /> <br /> <br />