Agenda - Economic Development Authority - 06/14/2004

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Miscellaneous: Rum River Dental Creations: Rum River Dental Creations broke ground on their approximate 4000 S.F. manufacturing facility the week of June 1. Construction is on Lot 3, Block 1, Sunfish Lake Business Park is estimated to be complete by years end. Shannon Enterprises of North Dakota, LLC: The company, more commonly known as NTI, an environmental testing company, will begin construction following a closing scheduled to occur on June 10, 2004. This company will be working with the City on achieving the job goals set forth in the CDBG grant awarded in 2002. The 4,000 S.F. building will be constructed on the former Chies site by years end and there are plans for an expansion to occur in the next 3-5 years. MPC,'I / Sunfish Lake Business Park: The City was given permission by MPCA to remove six monitoring wells from Lot 1, Block 2, Sunfish Lake Business Park. This will enable the site to be developed to its fullest potential. The sealing of the wells was completed the week of June 1st. In addition to permission to seal and remove the above mentioned wells, MPCA will also provide an artificial rock to conceal two wells that were not sealed and are still used for monitoring of the landfill site. Another challenge specific to this site was addressed by MPCA. Currently MPCA has a storm sewer line that traverses the property. Staff has received permission to move that storm sewer line to accommodate development that may occur on this site. This action will be driven by necessity when we have a prospect signed to a development agreement. Staff's dealing with MPCA has been very productive they have been very responsive and reasonable to our requests for development in Sunfish Lake Business Park. Old Town Hall: The EDA has been discussing Old Town Hall for several months. During discussions at past meetings, the general consensus of the EDA was to utilize the building as an informational or special events building and not for a retail or office user. The EDA also preliminary agreed that the building will need to be relocated in order to utilize the building for any use. In light of the general consensus that old town hall should not be used for a revenue generator, it seems appropriate that the details of where old town hall should be located and how the use ties into the location should be determined by the City Council. The City Council briefly discussed the town hall topic at a work session on June 8, 2004. The Council generally agreed they did not want to utilize the building for retail or office tenant and the building should be relocated. The Assistant City Administrator will be leading the town hall topic through the City Council at this time, however the EDA may be asked to weigh in at a later date related to location and specific use.