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A roll call vote was performed: <br /> Member MacLennan aye <br /> Member Olson aye <br /> Chairperson Cords aye <br /> Member Riley aye <br /> Member Howell aye <br /> Motion carried. <br /> Chairperson Cords welcomed Deputy City Administrator/Community Development Director <br /> Hagen. <br /> 4. EDA BUSINESS <br /> 4.01: Consider Purchase Agreement for Parcel 50; Case of Java Properties <br /> Economic Development Manager Sullivan presented the staff report. <br /> Chairperson Cords stated that he likes the idea and is positive about moving forward. He stated <br /> that there is a discussion about securing a right-in/right-out access and asked if there has been <br /> thought about how that will work with the Highway 10 improvements. <br /> Mark Krogh, Java Companies, commented that the right-in/right-out is for Veterans Drive and is <br /> critical to the whole development. He stated that the phase one tenants are ready to go. He stated <br /> that he will get details from staff about that concern. He noted that they have talked about the <br /> Highway 10 construction with the tenants. <br /> Economic Development Manager Sullivan commented that access to any County road requires <br /> discussion and approval from the County. He noted that once the PA is approved, they will move <br /> forward to the County for review. He stated that speaking with engineering there would be a six- <br /> to-eight-foot elevation change to the ramp and therefore Veterans Drive would be sloped to <br /> connect. He stated that realistically the official layout will be approved within the next few weeks <br /> and then engineering will design the details for the Highway 10 improvements. <br /> Chairperson Cords referenced the six-to-eight-foot rise and asked if that would be handled with <br /> retaining walls or whether parking would be lost. <br /> Mr. Krogh believed that they could handle it with grading but could also use boulder walls if <br /> necessary. He referenced a project they completed in Champlin with similar product used. <br /> Member Riley thanked Java for being present. He stated that this is an exciting project, and he is <br /> glad Java stayed through the discussions with PACT. He asked for details on the timing of phases <br /> one and two. <br /> Economic Development Authority/November 18, 2021 <br /> Page 2 of 6 <br />