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11/09/17
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4.01: Preliminary Deal Structure: Case of National Auto Body and Glass User <br /> Economic Dev. Mgr/Assistant City Administrator Brama presented the staff report. <br /> Jim Hornecker provided background information on Oppidan noting that the company is <br /> primarily a retail developer, providing examples of clients that the company works with <br /> nationwide. He stated that Oppidan is a national company, primarily based between Minnesota <br /> and California. He stated that the user has identified a gap in their network and believe Ramsey <br /> to be a good location for their business. He stated that this is a four-acre parcel, but the user <br /> would only need a building size of 18,000 square feet on the western half of the site, which <br /> means that the eastern portion of the site would be preserved for future development. <br /> Acting Chairperson Skaff asked if the business would be open six days per week or seven days <br /> per week. <br /> Mr. Hornecker replied that the business would be open six days per week. <br /> Acting Chairperson Skaff asked if there would be any impact with the future overpass of the <br /> railroad crossing. <br /> Community Development Director Gladhill replied that once staff receives renderings they <br /> would be able to better gauge. <br /> Member Hardin asked for input on how the building would face. <br /> Mr. Hornecker provided details on how the building would be faced. <br /> Member Riley stated that Oppidan seems to be a great developer for Ramsey and the site seems <br /> to be a good fit for the user. <br /> Economic Dev. Mgr./Assistant City Administrator Brama stated that staff would continue <br /> discussions about the remnant parcel and the City's policies for remnant lots. <br /> Member Riley stated that he likes the proposal for the commission. <br /> Acting Chairperson Skaff stated that he would also like to see this item move forward and <br /> confirmed the consensus of the members present. <br /> 4.02: Preliminary Deal Structure: Case of Paxmar <br /> Economic Dev. Mgr/Assistant City Administrator Brama presented the staff report. <br /> Member Hardin asked if the cost-share for the road would be the typical cost-share. <br /> Economic Dev. Mgr./Assistant City Administrator Brama noted that is a future item outside of <br /> this potential purchase agreement as that would be done through the entitlement process. <br /> Economic Development Authority/November 9, 2017 <br /> Page 2 of 8 <br />
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