Agenda - Council - 02/13/2007 - Laserfiche WebLink

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Community Development Director Trudgeon replied this is not a Comprehensive Plan • amendment, which requires approval by the Metropolitan Council. The rezoning will be included in the site plan approval process. Mayor Gamec inquired if the County's contributions for road improvements should be included in Section 11.1. Mr. Lasher replied the County is not a participant in this document; there would be a second document between the City and the County. City Administrator Norman indicated the County is in agreement of their participation with the road improvements. Mayor Gamec noted in the past the City has required developers to install or pay for traffic lights; however, in this agreement it appears that the City is providing that traffic light with the County. Mr. Lasher explained RCM has agreed to pay 50% of the cost of the future signal at the new intersection of C.R. #116 and the Sunwood Drive extension. RCM will also be paying offsite improvements of approximately $1.7 million, a portion of which would be dedicated to the new signal at C.R. 9116 and Armstrong Boulevard. Mayor Gamec requested clarification that MSA funds will be used for the extension of Sunwood • Drive. Civil Engineer II Linton indicated the TKDA proposal for the design of Armstrong Boulevard was approved by the Council approximately one year ago, and this work is proceeding. The Ramsey Town Center project necessitated upgrades of the regional roadway improvements. The monies Mr. Lasher has referred to that this developer will dedicate to the City will be used to offset some of the costs that have already been incurred, and will pay for the difference between what was envisioned in the design for Ramsey Town Center. and now this Ramsey Crossings project. The project is underway, but it is still early enough to incorporate the needed changes. Mayor Gamec asked if there will be another letter of credit provided in regards to construction with funds released as work is completed. Mr. Bray advised the provisions in this area are similar to the City's - standard development agreement. Mayor Gamec thanked Mr. Bray, Mr., Lasher; and City staff for their work in ensuring everything is covered in this agreement and that' this project can move forward. Councilmember Elvig commented it seems this is a generous offer the City has been able to negotiate with RCM. He expressed his support of Target being involved in the project. He requested information regarding the interest in the City of Ramsey by those involved in this • project. City Council / December 28, 2006 Page 14 of 27 —122—