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Economic Development Manager Sullivan stated that "Anoka Solution" does not show a <br /> frontage road connection to that parcel. <br /> Community Development Director Gladhill stated that there is not enough physical room to get <br /> from Thurston Avenue to the parcel in Anoka because of the river oxbow and sloping bluff line. <br /> Chairperson Steffen asked if the funds would be spread out over several years. <br /> Economic Development Manager Sullivan stated that he would not anticipate the entire amount <br /> being spent in one year and would instead anticipate those funds being spent over five to seven <br /> years. <br /> Member Riley stated that this is a preliminary step towards something that might be done in the <br /> future and therefore this makes sense. <br /> Motion by Member Riley, seconded by Member Burandt, to direct staff to proceed with the next <br /> Interim Phase 2 of the Tungsten District Redevelopment Study. <br /> Further discussion: Member Cord asked if staff can make the decision to inspect a building at <br /> any time or whether the EDA would need to be consulted prior to each building. Economic <br /> Development Manager Sullivan indicated that Staff would not need to come back to the EDA <br /> prior to entering each building. <br /> Motion carried. Voting Yes: Chairperson Steffen, Members Riley, Burandt, Cords, Hardin, and <br /> Kuzma. Voting No: None. Absent: Member Berg. <br /> 4.04: Consider Site Selection Options for New Hotel Concept <br /> Economic Development Manager Sullivan presented the staff report. Staff believes this is a <br /> worthy project for this parcel and is generally comfortable with either alternative site selection. <br /> Staff is seeking feedback from the EDA in relation to site layout preference and use for this <br /> parcel. If the EDA is in support, staff will chart out the necessary process moving forward. <br /> Chairperson Steffen asked if information is available on the hotel brand. <br /> Economic Development Manager Sullivan stated that the interested party would like to remain <br /> confidential at this time. He noted that the concept would include a restaurant and pool. <br /> Chairperson Steffen commented that the concept could work on both sites of the lot but perhaps <br /> four stories would make more sense as an end cap. <br /> Member Riley commented that the concept would work on either site and he would welcome a <br /> hotel. <br /> Economic Development Authority/September 12, 2019 <br /> Page 4 of 9 <br />