Minutes - Council - 10/26/2021 - Laserfiche WebLink

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Economic Development Manager Sullivan presented Council with the following alternatives: Alternative 1- Approve the Revised Cost Share Framework including Tree Preservation Credit and Application to ACHRA, Resolution #31-185, which is recommended by the Public Works Committee; Alternative 2- Approve revised Cost Share Framework without the Tree Preservation Credit and Application to ACHRA; Alternative 3- Direct Staff to continue negotiations; and, Alternative 4- Motion for something else. Councilmember Riley commented that he has been a part of discussions on this with the Public Works Committee, noting this framework has been approved by the Council already. He stated there are a couple of costs that have changed but they offset each other. The difference here is the tree preservation, which the Council also approved, because the City did not get funding for it. He stated the challenge is to find a funding source. He gave credit to Economic Development Manager Sullivan for finding the easiest way for the City to pay it. The bottom line is that the $110,000 is coming out of the PIR fund. He noted there are a lot of facts and history but it comes down to how the City funds $350,000. Mayor Kuzma added they are also saving trees which is a nice bonus to the community as well. Councilmember Specht commented that he has supported this project from the beginning, it will be a benefit to future residents, and a great addition to the City. He is happy the City will be able to preserve the hundred-year-old trees that are there. He asked for clarification, if they are going to extend the road to Batey Road. City Engineer Westby answered no, it will only be extended to Bowers. Councilmember Specht commented that it sounds like both parities are happy with the deal and he supports it. Motion by Councilmember Riley, seconded by Councilmember Specht, to Adopt Resolution #21- 185, Approving the Revised Cost Share Framework for Riverdale Drive and Riverstone South and Authorizing Application to Anoka County Housing and Redevelopment Authority (ACHRA), Alternative #1. Further Discussion: Councilmember Musgrove referenced the work that was done on this project, noting the community on Bowers Drive was interested in having more trees as a barrier so she is glad staff found a resolution to that with this development coming in. She stated she will be supporting it. A roll call vote was performed: Councilmember Heineman aye Councilmember Woestehoff aye Councilmember Howell aye Councilmember Riley aye City Council / October 26, 2021 Page 7 of 14