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Commissioner Greenberg returned to the meeting at 9:15 p.m. <br />Mr. Otto, in summarizing his review of the preliminary airport <br />layout plan, stated that the layout is tight and it will be an <br />expensive program. There are some 14 homes potentially impacted, <br />and two commercial businesses (McGregor's and Tom Thumb). <br />Acquisition will probably run close to $1,000,000; Ramsey's <br />portion should be about $100,000 but that depends on how much <br />money is available when Ramsey get's to that stage. <br /> Commissioner Greenberg pointed out that the $100,000 could be <br /> provided by businesses intending to use the airport so the <br /> burden would not be on the taxpayers. <br /> Discussion ensued regarding the possibility of tax increment <br /> financing being used as a means to develop the airport. <br /> Mr. Otto pointed.out a problem with tax ~nc~ement financing~ tax <br /> increment financzng happens over a perioe o~ time and once the <br /> airport is approved and the grant is offered, the City has 30 <br /> days to accept the grant and put up it's share of the money. <br /> Discussion ensued regarding drainage at the airport and Mr. Otto <br /> and Mr, Koshak do not anticipate any drainage problems. <br /> · the total air~ort project, land acquisition <br /> Mr. Otto estzmated that _ ~ the Cit's share <br /> and initial constructzon, could cost ~20500,000, Y <br /> would range from $200,000 to $350,000 depending on land acquisition <br /> and Federal participation limits. Mr, Otto stated that if Metro <br /> Council feels strongly about spending $10000,000 on an airport, <br /> they will most likely recommend toM_n/Dot that a new airport be <br /> developed where 3 or 4 runways are feasible. Mr, Otto also noted <br /> that 70% of all based aircraft in the Twin Cities are at Anoka, <br /> Crystal and Flying Cloud and these airports are running into <br /> problems with storage capabilities; a certain percentage of pilots <br /> do not care to be based at such busy airports and there is a <br /> potential for those pilots to come over to Gateway North. <br /> Mr. Otto stated that he will be submitting the preliminary airport <br /> layout plan to FAA, Mn/DoT and Metro Council for their input. <br /> Chairman Ippel noted tha~ there is a potential for 6 homes not to <br /> be impacted and requestea that Mr. Otto obtain feedback from the <br /> agencies regarding this. <br /> Mr. Otto stated that there are density and land use restrictions <br /> in the clear zones; density is limited to 1 in 3 acres and <br /> existing structures like Superbowl would be grandfathered in but <br /> stated that the City <br /> · n <br /> expanslo would be very difficult. Mr. Otto <br /> does have the authority to grant variances, but if the City <br /> ignores the agreement it has with State and Federal agencies <br /> regarding land use and density in the clear zones, money can be <br /> witheld from the City. <br /> Commissioner Sieber stated that potentially, the City is limiting <br /> the growth of Superbowl. <br /> <br />AP/July 18, 1984 <br /> Page 3 of 4 <br /> <br /> <br />