Minutes - Economic Development Authority - 10/10/2019

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Economic Development Manager Sullivan presented the staff report. He stated that staff believes that this is a worthy project for this parcel and is generally comfortable with either alternative site selection,noting that the salon group would prefer the western portion of the site. Chairperson Steffen asked if the parcel would be split in half and whether the salon would choose a smaller portion, leaving a larger portion for the hotel. Economic Development Manager Sullivan confirmed that there would be enough space remaining for the hotel group.He stated that he did speak with the hotel group and they would be comfortable with the eastern site. He noted that the lot line will be based on site plan submittals and COR requirements. Community Development Director Gladhill stated that staff will ensure that the lots created will not create an awkward remnant parcel. Member Cords asked if there is a proposed timeline for the development of the salon. Economic Development Manager Sullivan explained that would occur once the purchase agreement is complete and provided additional details on the process. He estimated perhaps a spring or summer 2020 construction. He stated that he would anticipate that the purchase agreement could come back to the EDA at the next meeting in November. Member Cords asked if the construction for the salon would conflict with a similar building process for the hotel. Economic Development Manager Sullivan explained that once the property line and lot size is determined, construction could occur on each site on their own timelines.He stated that at this time it is unknown whether either project will truly move forward and therefore staff is simply asking for direction for the site plan being presented for the salon. Chairperson Steffen confirmed the consensus that the EDA would like to see this project continue to move forward. 4.02 : Recommend 2020 EDA WorkPlan Economic Development Manager Sullivan presented the staff report. He noted that the purpose is to review and amend the 2019-2020 City of Ramsey Economic Development Work Plan. He noted that a 2019 EDA Work Plan was not developed or adopted due to the timing of the transition to the new Economic Development Manager. The City Council adopted its revised Strategic Plan in 2019 and the items relating to the EDA have been included in the proposed 2019-2020 Work Plan. Member Cords asked if the comments related to fill were in relation to the large piles of fill from the COR Infiltration Basin. Economic Development Manager Sullivan confirmed that to be true. Economic Development Authority/October 10, 2019 Page 2 of 4