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Member Hardin asked if the proposed Mn/DOT changes to Highway 10 were affecting the ability to market properties in Ramsey. Economic Development Manager LaFrance referenced the Highway 10 access planning study and stated that staff will provide an update to the EDA in August. Member Hardin asked about land values compared to other areas in the metro. Mr. Pankratz felt that the land values were competitive and not priced unrealistically adding it was important to recognize that price adjustments may be necessary given the marketplace. Chairperson Steffen thanked Mr. Palmiter and Mr. Pankratz for attending. Mr. Pankratz stated that CBRE prepares quarterly updates including office, industrial, and retail updates and offered to forward these updates to the EDA. Mr. Palmiter stated that CBRE also receives quarterly housing reports that contain indicators on housing and competition in the marketplace and agreed to share these with the EDA as well. 5. MEMBER/STAFF INPUT 5.01: EDA Updates Development Services Manager Gladhill advised that staff completed its plan review for the shooting range and is ready to issue the building permit. He reported that MMI Precision Manufacturing was issued a building permit for its planned phase 1 expansion. He also reported that the Falls Cafe will soon be "Lunch Box," a sandwich and coffee shop with a drive - through, and the City is ready to issue the permit. He noted that some ordinance revisions are necessary for the drive- through and will be reviewed by the Planning Commission this evening. He stated that the City is low on inventory for single family homes and reported that Brookfield 4th Addition started issuing permits this week; in addition, Country Club Hills and phase 2 and 3 of Sweet Bay Ridge is under review by the Planning Commission and City Council. He advised that the City is on track for 80 -100 single - family starts in 2014. Chairperson Steffen requested information about the demolition activities at the former gas station next to Total Defense. Development Services Manager Gladhill stated the City has received some interest in the vacant tenant space adjacent to the day care site and agreed to provide further information to the EDA if a proposal comes forward. City Administrator Ulrich presented the sign for the upcoming Game Fair and stated that Chuck Delaney has approval for some billboards on City property on Highway 10. He reported that the City Council has an ordinance pending on massage therapists in order to regulate that business. He stated the City Council authorized $93,000 to bury electric service lines on Bunker Lake Boulevard west of Armstrong. Economic Development Authority /July 10, 2014 Page 3 of 4