Agenda - Council - 11/12/2013 - Laserfiche WebLink

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CC Regular Session 4. 9. Meeting Date: 11/12/2013 Submitted For: Patrick Brama, By: Patrick Brama, Administrative Services Information Title: Adopt Resolution 13-11-184 Authorizing an Application for Tax Base Revitalization Account Grant (Old Municipal Center) Purpose/Background: Case Background In the fall of 2012, the EDA and City Council authorized Staff to pursue a "Shovel Ready" development certification through the State of Minnesota to increase the marketability of the old municipal center site (for either a residential or data center development). For detailed background information on the old municipal center site development, please reference theOldMunicipal Center Background section below. In April 2013, Staff was directed by the EDA to apply for a MetCouncil Tax Base Revitalization Account (TBRA) Grant to help cover the cost of the State Shovel Ready certification process mentioned above. Said TBRA grant would pay back 50% of "Shovel Ready" costs incurred by the EDA in 2012; and would cover 75% of "Shovel Ready" costs the EDA will incur in 2013. In total, the EDA would receive a $14,800 grant from the MetCouncil for $21,800 of "Shovel Ready" work (about half of this work has already been completed). NOTE: "Shovel Ready" work is specifically referring to hazardous materials testing (i.e. pre -demolition survey) and environmental assessments. "Shovel Ready" work does not include the City fronting the cost of infrastructure/ or site improvements to make a site "Pad Ready" for an end user. "Shovel Ready" is a purely informational process. For more information on the Minnesota "Shovel Ready" program please reference the following webpage: positivelyminnesota.com/Government/Shovel-Ready_Sites/ The application process for the TBRA grant outlined above requires a Resolution from Council to authorize an application. Due to a Staff oversight, the required Resolution was never adopted by the City Council. However, the grant application was still processed by the MetCouncil, with the anticipation said Resolution would be adopted. The City was awarded a $14,800 TBRA grant on June 17, 2013. In spite of the TBRA grant award, it is still very important the City pass the required resolution —in case the MetCouncil audits the City's grant application. Purpose of case Authorize Application for Tax Base Revitalization Grant Account Grant Old Municipal Center Background The EDA and City Council have expressed interest in developing the old municipal center site located at 15153 Nowthen Boulevard (the "Subject Property"). The Subject Property is 20.5 acres in size, is made up of two parcels and is the temporary location of City Fire Station #2. The City is considering two general development scenarios for the Subject Property: (1) a data center development and (2) a residential development. For more information on the future development of the old municipal center, please visit: http://www.cityoframsey.com/formeiiiuc. As part of this effort, in the fall of 2012, Staff was directed by the EDA and City Council to pursue a "Shovel Ready" development certification through the State of Minnesota for the Subject Property. This purpose of this certification is to gather and organize information important to a developer regarding the Subject Property. Said information is used to answer common development questions and potential concerns. A shovel ready property is more desirable/marketable than a non -shovel ready property. This certification will hold value for the City regardless if the site is used for residential or a data center.