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UPDATE ON STATE HIGHWAY #10 PROJECTS <br />By: Megan Wald, Community Development Assistant <br /> <br /> <br /> <br />Background: <br /> <br />The Economic Development Authority at their December meeting directed Staff to provide updated information during the January EDA meeting, pertaining to current development and redevelopment <br /> projects located along State Highway #10. <br /> <br />Observations: <br /> <br />Darkenwald Project: <br /> <br />Due to the information the City received from MnDot on the potential realignment of State Highway #10; John Darkenwald and his associate decided to exclude the Park RV property as part <br /> of their development project area. The Darkenwald project will now consist of the development of a portion of their subject property to facilitate the development of a new Ramsey business <br /> MinnDak. The project will proceed without any TIF assistance from the City since the TIF assistance included the acquisition and redevelopment of the Park RV property. <br /> <br />Darkenwald and his associate submitted a sketch plan to Staff for the development of the subject property in December of 2001. The Planning Commission reviewed and recommended approval <br /> of the proposed West Ramsey Industrial Park on January 3, 2002. The sketch plan is proposing to plat two properties and two outlots. Outlot A will be utilized for future subdivision <br /> purposes and Outlot B will be dedicated as a future street and deeded to the City upon request. The Planning Commission will review the preliminary plat for West Ramsey Industrial <br /> Park and the site plan for Minn-Dak at their February meeting. <br /> <br /> <br />Plants -n- Things/Hunter Investment Redevelopment Project: <br /> <br />MnDot has provided the City preliminary information regarding State Highway #10 being constructed to freeway standards in the future (10-20 years from now). One of the potential alignment <br /> options MnDot is researching would be located next to the BNSF railroad tracks. This alignment would have a significant impact on the Plants –n- Things/Hunter Investment property project. <br /> Due to the information provided by MnDot regarding the future of Highway #10, Staff is currently revisiting appropriate incentive packages for the subject project area. Staff anticipates <br /> meeting with Larry Hickman, the owner of Plants –n- Things and Bob Dylan, one of the controlling partners of the subject property, the week of January 14th when Mr. Hickman returns <br /> from Florida.