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4.04: Consider Participation in Riverdale Drive Reconstruction Project: Dolomite Street <br />Removal/Lot Configuration <br />Economic Development Manager Sullivan presented the staff report. <br />Member Cords asked if this would count towards any funding the City would be required to <br />contribute to Highway 10 updates. <br />Deputy City Administrator Gladhill commented that is generally the intent of the City but cannot <br />confirm that with certainty. <br />Member Heineman asked what type of business may desire a location that close to the highway <br />without direct access. <br />Economic Development Manager Sullivan stated that Highway 10 exposure cannot be <br />underestimated. He provided examples of different destination businesses that have looked at this <br />site, noting that the site could work for a number of different uses. He stated that visibility from <br />Highway 10 is important for many businesses. He stated that the triangular shaped lot and issue <br />of storm water has hurt the marketability of the site and therefore making the site square would <br />make it more desirable. <br />Motion by Member Cords, seconded by Member Heineman, to recommend to City Council to <br />authorize the Dolomite Street Removal and to allocate $50,000 from the EDA cash balance to fund <br />the City portion of the project. <br />A roll call vote was performed: <br />Member Cords aye <br />Member Heineman aye <br />Member Riley aye <br />Member Howell aye <br />Acting Chairperson Burandt aye <br />Motion carried. <br />5. MEMBER / STAFF UPDATE <br />Deputy City Administrator Gladhill advised of the Highway 10 Open House meeting which will <br />be held virtually one week from today. He stated that attendees will need to RSVP and receive an <br />individual link to participate. <br />6. ADJOURNMENT <br />The regular meeting of the Economic Development Authority adjourned at 8:51 a.m. <br />Respectfully submitted, <br />Economic Development Authority/ February 11, 2021 <br />Page 7 of 8 <br />