Agenda - Economic Development Authority - 07/18/2013

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need to make sure the blight issue is addressed. He added that a developer might be willing to take out the properties on the north side as part of an overall grant through the State. Mr. Tom Anderson indicated they see this as a PUD and understand that redeveloping the area on the north side is key to securing TIF money. Member Skaff stated he was encouraged by the concept plan and what it could do for the City. Member Riley stated that the project needs to focus on the north side as well in order to make it work, adding he felt the concept plan sounded good. He asked about what happens to park access to Elmcrest Park. Development Services Manager Gladhill stated there is temporary access off Quicksilver and the ultimate plan includes a realignment of Quicksilver with the park access road. It was the consensus of the EDA to pursue the preliminary proposal presented by Rum River Hills, including a willingness to consider assistance for the sewer connection, a TH47 underpass, and a land write down. Development Services Manager Gladhill indicated the proposal includes a number of land use planning items and suggested that the Planning Commission review these items in August to discuss the land use concept. Member Riley expressed concern that there would not be enough TIF funds available for cleanup and redevelopment of the north side of the site. Management Analyst Brama acknowledged Member Riley's concern and agreed the City would need to address this as part of establishing a redevelopment TIF district. He indicated if the City could combine the TIF funds with State money the City might be able to put together a comprehensive plan for the entire side. He agreed that Rum River Hills needs to include a plan for the north side. Chairperson Steffen thanked the representatives from Rum River Hills for attending the meeting. Management Analyst Brama indicated that staff will further investigate available DEED programs and stated there are some redevelopment programs through the State that could be used in conjunction with TIF or separately to help with this area. He advised that Community Pride Bank continues to make frequent inquiries regarding a potential rezoning of properties on the north side for industrial or manufacturing type uses and has asked staff to inquire whether the EDA has had a shift in its policy direction. He noted the ownership group indicated they were not opposed to rezoning these retail properties on the north side to allow warehouse or industrial uses. Chairperson Steffen stated the EDA and Planning Commission have considered the rezoning and both bodies have indicated they are not interested in changing the zoning. Economic Development Authority/July 11, 2013 Page 4 of 7