Agenda - Economic Development Authority - 03/10/2022

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Member Riley commented that there are plans for what this eventually look like, noting that the Council has reviewed concepts for the future of this area which could include a splashpad. He stated that this area would collect stormwater but would also be a water feature. Member MacLennan commented that it would seem to be similar to the water feature in Champlin which keeps water moving and provides a good aesthetic. Economic Development Manager Sullivan stated that staff has received positive feedback from the business networking event and provided an update on that event. Member Riley stated that perhaps there be an informational case in the future highlighting partial and full takings for the Highway 10 project and to discuss if there is a role for the EDA to minimize impacts on businesses. Economic Development Manager Sullivan stated that perhaps someone from the lead agency could make a presentation to the EDA and based on that discussion it could lead to direct recommendations from the EDA. Member Riley commented that construction in Ramsey is still a ways out so there is not a strong urgency, but he also would not want to wait too long. Chairperson Olson agreed that timing would be an important element. Community Development Director/Deputy City Administrator Hagen agreed that it would be helpful to find out about easements and therefore perhaps it would be appropriate to bring it forward in the next few months. He recognized that properties will be impacted in some fashion. Economic Development Manager Sullivan stated that the EDA has approved the purchase agreement for Parcel 50 and provided an update, noting that the City is working with the County to determine access options. He stated that there will be a requirement for a turn lane from Ramsey Boulevard and believes the developer will request a cost -share for that in the future, noting that would be worked out in the development agreement. He stated that the developer does have two tenants that would be ready to go once those details are known. Member Steffen asked for an update on PACT Charter School and RGH. Economic Development Manager Sullivan stated that PACT Charter School is looking at a site adjacent to Central Park at this time and anticipates a site plan application coming forward in the near future. Community Development Director/Deputy City Administrator Hagen stated that PACT has submitted a request for a Comprehensive Plan amendment and rezoning, as the parcel is currently zoned for residential use. He stated that a sketch plan has also been submitted for review that will go before the Planning Commission on February 24th, with a public open house to take place prior to that meeting. Economic Development Authority/ February 10, 2022 Page 11 of 13