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(9) Sunfish Express <br />Staff and Council recently received notification from Sunfish Express (Shell gas station, Cousin Subs, <br />and Taco - Pulco) that the business will be closing its doors. Sunfish Express stated a large factor in <br />their decision to close was access to the property after the medians on Sunfish Lake Blvd. were <br />installed. On January 28 Ramsey HRA discussed the topic as an update item on the agenda. HRA <br />Members expressed concern with the closing of the business. It was generally agreed upon that this <br />topic be added to an HRA /EDA meeting in the future. Staff will contact the real estate agency <br />charged with marketing that node to discuss opportunities and challenges. Upon receiving their <br />feedback Staff is recommending the EDA discuss the "node" more formally. <br />No action to date. <br />(10) Restaurant Subsidy Policy <br />Staff is working to gather information related to the Restaurant Subsidy Policy to provide a <br />thorough update to the EDA. At it's 4/10 meeting the EDA requested the policy be brought back for <br />review /discussion in light of the recent closing of Falls Cafe. <br />(11) USCO /Schmidtbauer <br />The City closed on the purchase of the USCO property directly south of the Nordvick parcel (owned <br />by the City and EDA). The combination of these parcels, 2.88 acres, has been listed for sale by CBRE. <br />Staff is in the process of investigating applying for Met. Council TBRA funds for environmental <br />investigation and clean -up at the Nordvick site and potentially others. <br />