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Economic Development Authority (EDA) <br />Meeting Date: 08/13/2015 <br />Submitted For: Patrick Brama, Administrative Services <br />By: Patrick Brama, Administrative Services <br />4. 4. <br />Title: <br />Review Future Business Park Infrastructure Analysis Preliminary Report <br />Purpose/Background: <br />PURPOSE: <br />The purpose of this case is to review a finalized report from Bolton & Menk on required infrastructure <br />improvements to the City's future business park. <br />The major difference between this report and the preliminary report reviewed by the EDA in July is the "Cost <br />Allocation Section." This section was left blank in July; and is now completed. The purpose of this section is to <br />show alternatives on how the costs associated with "required infrastructure improvements" to the City's future <br />business park can be assigned/ allocated. <br />Once this report is adopted, the City will be in position to complete three items: <br />1. Complete a cost benefit analysis on the City's future business park <br />2. Compile a list of financing "strategies/ alternatives" <br />3. Review report with property owners, attain feedback <br />For background information on this process and the City's future business park, please see attachments. <br />Notification: <br />NA <br />Observations/Alternatives: <br />NA <br />Funding Source: <br />TIF 1 <br />Recommendation: <br />Consider forwarding document to the <br />Action: <br />Consider forwarding document to the <br />City Council for adoption, with any desired amendments. <br />City Council for adoption, with any desired amendments. <br />Attachments <br />Report 08032015 <br />Request For Qualifications (RFQ) Future Business Park Bunker and Puma Improvements 11 19 2014 <br />RamseyBusinessPark Brochure <br />Form Review <br />