Agenda - Economic Development Authority - 08/08/2013

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Economic Development Authority (EDA) 4. 3. Meeting Date: 08/08/2013 Submitted For: Patrick Brama By: Patrick Brama, Administrative Services Title: Discuss Potential Future Industrial Park Land Background: Periodically, the City develops an inventory of surplus City owned land. The objective of developing an inventory of surplus City owned land is to identify properties that are underutilized; and unneeded for current or future City functions. Staff conducts this procedure as outlined in the attached policy for disposition of City owned land. The City conducted a land inventory in 2011-2012. In April, the EDA reviewed the 2011-2012 City Owned Land Inventory; at which time, Staff was directed to begin looking for sites that were available for a future industrial park. Purpose of Case The purpose of this case is to continue the May discussion of a future industrial park in the City of Ramsey. NOTE: review of this case was delayed in July due to an extended discussion of the 167/47 Node. Observations: At the May EDA meeting, all potential industrial park sites in Ramsey were reviewed. Staff was directed by the EDA to further investigate all potential sites; with an emphasis on the following three sites: (1) Pearson Properties Site (north of U.S. Highway 10, generally west of Armstrong Boulevard) (2) Hageman Holdings Property (generally north of U.S. Highway 10, generally west of Armstrong Boulevard) (3) Minnesota Pollution Control Agency (MPCA) Closed Landfill Property (north of Sunwood Drive between Sunfish Lake Boulevard and Bunker Lake Boulevard) Attached is a reference map and alternatives comparison chart for EDA review. Funding Source: Preparation of this case is being handled as part of regular Staff duties. Staff Recommendation: Generally, direct Staff to: (1) Pursue the Pearson Properties Site (north) as the primary industrial park for Ramsey - -Engage surrounding property owners regarding a potential zoning change (open house/public input); before submitting an application for a Comprehensive Plan and Zoning Amendment. - -Develop feasibility study, utilizing the City's Engineering Department, for full build out of an industrial park (projected revenues and expenditures) Upon completion & EDA confirmation (later date) - -Direct staff to pursue shovel ready certification - -Direct staff to develop a memorandum of understanding with AL Pearson regarding the development of his property into an industrial park (2) Continue to discuss the Hageman Holdings property - -Further understand implications of the required completion of Bunker Lake Boulevard.