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cost to connect to municipal sewer estimated between $1.5 and $2 million. He then introduced <br />Mr. Joe Haag from Community Pride Bank. <br />Management Analyst Brama stated that one option is to schedule a meeting with the stakeholders <br />and outline what options exist and discuss what the City can do to assist with this node, e.g., <br />establishment of a TIF district or use of the Revolving Loan Fund. He stated other options <br />include pursuing different zoning for the site or whether to pursue further master planning <br />Member Hardin requested further information regarding the Planning Commission discussion. <br />Development Services Manager Gladhill advised it was the Planning Commission's desire to <br />maintain a retail base as the long -term use for this node. He stated the Planning Commission <br />supported the indoor shooting range but did not support the recycling warehouse, adding the <br />Planning Commission felt the indoor shooting range would generate traffic that benefits the <br />surrounding area while expressing concern about the potential for outdoor storage with the <br />warehousing user. He added the Planning Commission was concerned about other uses coming <br />into this area if the warehousing use was terminated and did not feel this use fit the long -term <br />vision for this node. He agreed to forward the Planning Commission minutes to the EDA. <br />Mr. Haag explained that Community Pride Bank owns the 6001 parcel and the pool of buyers is <br />small, adding that the property owners to the east and to the west would also be interested in any <br />assistance the City can provide in expanding the buyer pool. <br />Chairperson Steffen asked if Community Pride Bank would prefer the site to be vacant with no <br />building. <br />Mr. Haag replied the building is still fairly useable and structurally sound adding he did not <br />know if a vacant lot would be more marketable. <br />City Administrator Ulrich stated the City has the option of keeping the property as is or to clear <br />the site and start from scratch, which would require a master plan. He indicated he did not think <br />the City or the EDA wants to make that investment until it knows the end result of the whole <br />area including the land to the south. He stated he would prefer to at least see the basis of a <br />master plan for where the City would like to end up before considering any active involvement <br />such as tax abatement, TIF, or purchasing the land. <br />Chairperson Steffen indicated a master plan was previously prepared for this area adding the <br />problem then was that Landmark Bank was not a willing seller and there was a fully functioning <br />grocery store on the site and now everyone is willing to sell but there are no interested buyers. <br />Member LeTourneau expressed support for resurrecting the master plan especially given the <br />tight real estate market and agreed the City should meet with the stakeholders to evaluate the <br />current conditions. <br />Mr. Haag indicated he did not believe a grocery store would work on this site because of the <br />close proximity of Coborn's and County Market and felt that a convenience store might work in <br />Economic Development Authority /April 11, 2013 <br />Page3of6 <br />