Agenda - Council - 03/25/2025 - Laserfiche WebLink

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Mrs. Do stated that they would like to provide the most convenient service for the customer, offering quick drive-thru service, to go orders at the counter, as well as service at the tables with servers. Economic Development Manager Sullivan stated that this location is a little over 1,600 square feet and asked if the business plan envisions expansion and growth. Mrs. Do replied that originally, she desired 2,000 square feet, but in negotiation for the space they decided on 1,600 square feet for now with the option to expand. Chairperson Wiyninger stated that he feels a little torn on this as this concept is not fully a full - service restaurant, but it does speak to the spirit of what is desired in the community to have more options for food service. He stated that he would feel comfortable with the 50 percent SAC and WAC Loan option. 14 Member Johnson stated that she feels that this concept is the way restaurants are today when people are more on the go. She stated that people often order food to go or have it delivered. She stated that this location would still offer sit-down service and also incorporates a drive-thru. She stated that this concept adds more options for consumers, which is a great thing and therefore she can support the 70 percent option. )% Member Stewart stated that she would agree that while the case may not hit all the boxes, there is a desire to potentially expand in the future. She stated that she could support 55 percent option. Member MacLennan asked the hours of operation. Mrs. Do replied that she would be open seven days per week and would be open from 9 a.m. to 8 p.m. Member MacLennan stated that perhaps the drive-thru makes up for the smaller seating area as they will be able to service more people with both options. He stated that a ten-year lease is a big commitment, which is good for Ramsey. He stated that he could support either option. Motion by Member Johnson, seconded by Member Lindahl, to recommend to City Council for contingent approval of a $13,881 (70%) SAC and WAC loan to King Baguette; subject to underwriting, project qualification, and City Attorney review. Further discussion: Member Riley stated that EDA has been called on to do what it can to bring in restaurants. He recognized that this is a policy to be interpreted by the EDA and while this request may not hit all the requirements, he believed that it is close and is an amenity desired by the community, therefore he will be supporting this. Motion carried. Voting Yes: Chairperson Wiyninger, Members Johnson, Lindahl, MacLennan, Riley, and Stewart. Voting No: None. Absent: None. Economic Development Authority/ March 13, 2025 Page 2 of 3