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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 />