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Member Wiyninger asked how this would impact the ability to sell the site or the revenue that <br /> would be gained through sale of the property. <br /> Economic Development Manager Sullivan replied that bringing the site to grade and to a <br /> marketable condition would save the developer from incurring the cost at a later date. He stated <br /> that there has been some interest in the site, therefore if it is closer to development ready it would <br /> make the site more attractive. <br /> Member Riley commented that this is a great idea that would be opportunity driven as fill becomes <br /> available. He agreed that this would make the site more marketable. <br /> Member MacLennan agreed that this would be a good idea. He asked what the desired <br /> development use of the property would be. <br /> Economic Development Manager Sullivan replied that the property is zoned COR 1, which is <br /> mixed use, and therefore provides flexibility. He stated that in an ideal situation he would love to <br /> see a restaurant with a roof patio. He stated that it is a smaller site and therefore does not lend <br /> itself to an apartment type use. He noted that it could be a fast casual eatery as well. <br /> Member MacLennan stated that his father recently moved into the Affinity complex and those <br /> residents would love to have something like that in this location that is easily walkable. <br /> Motion by Member Wiyninger, seconded by Member MacLennan, to recommend to City Council <br /> that to pre-authorize up to $40,000 to obtain clean fill, place, compact, and re-establish turf for <br /> Outlot B, Affinity at The COR. <br /> Motion carried. Voting Yes: Chairperson Olson, Members Wiyninger, MacLennan, Howell, <br /> Riley, and Stewart. Voting No: None. Absent: Member Johnson. <br /> 5. MEMBER/ STAFF UPDATE <br /> Economic Development Manager Sullivan provided an update on recent development activity and <br /> interest. He also provided an update on the joint meeting that occurred the previous night involving <br /> the EDA, Planning Commission and City Council. <br /> Member MacLennan asked the rational in adding another liquor store between two liquor stores <br /> on TH 47. <br /> Economic Development Manager Sullivan commented that the property was zoned accordingly to <br /> support that use. He stated that the business owners have a model which has their liquor store and <br /> gas station adjacent to each other and this is following that model. He stated that there were no <br /> incentives and the land was zoned accordingly, so the request did not come before the EDA. <br /> 6. ADJOURNMENT <br /> Motion by Member MacLennan, seconded by Member Wiyninger, to adjourn the meeting. <br /> Economic Development Authority/May 12, 2022 <br /> Page 3 of 4 <br />