Laserfiche WebLink
STAFF <br />Please see observations section. The construction of this roadway puts PSD in a position to complete their first two <br />buildings (see next two cases on this agenda). They hope to complete both buildings over the winter of 2017/2018. <br />Additionally, this roadway will put PSD in position to provide pad ready sites for multiple future users --which is a <br />competitive advantage for Ramsey. Lastly, the first 500' of this roadway will be separated by a median, will include <br />tree plantings, signage, and will look both professional and inviting --thus, setting the tone for the new business <br />park. In summary, this public infrastructure project will help kick-off the new PSD business park, and it will set-up <br />Ramsey for economic development success into the future. <br />EDA <br />The EDA reviewed this case on June 8. Little discussion occurred. The EDA was generally supportive of staffs <br />recommendation. The EDA felt this case was generally consistent with previous discussion/ action by the EDA and <br />City Council (April). By consensus, the EDA passed a motion to approve the attached MOU. Attached to this case <br />are draft EDA minutes. <br />Action: <br />Motion to: <br />Adopt the attached Memorandum of Understanding (MOU); authorizing a not -to -exceed $250,000 reimbursement <br />to PSD LLC for the construction of a new public roadway located within the City's new business park. <br />MOU <br />Background Maps and Renderings <br />Assistance Requests <br />Infrastructure OA <br />EDA Minutes <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 06/22/2017 11:08 AM <br />Form Started By: Patrick Brama Started On: 06/06/2017 11:10 AM <br />Final Approval Date: 06/22/2017 <br />