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HomeMy WebLinkAbout2002-02-14 Council Minutes - Part 2Document No. 05.a February 28, 2002 Agenda Packet Prepared By: Sue Vergin, City Clerk CITY OF CORCORAN COUNCIL WORKSHOP FEBRUARY 14, 2002 H:\City Hall Information\CITY GOVERNMENT\Council, Commissions & Committees\Council Information\Council Minutes\Previous Years\2002 - Need to PDF\02.14.02 Workshop.doc Mayor Guenthner opened the workshop at 6:00 p.m., on February 14, 2002. The purpose of the workshop was to address matters relating to UMC and the Southwest corner of Corcoran. Present were Councilors Bucher, Gageby, Gmach, Guenthner and Thomas, Staff members Clerk Vergin, Police Chief Schutte, Engineer Vander Top and consultants Paul Donna and Joanne Foust. Property owner Harvey Dahl was also present. Addressed the need to meet with the Met Council, specifically Phyllis Hanson and Saundra Spigner. Staff was directed to set up a meeting. Engineer Vander Top provided an overview of the matters before the council in order to move forward with the UMC project. ▪ The City has received notification that MnDOT has agreed to fund $350,000 of the frontage road. Additional monies up to $500,000 may be possible, if other projects do not commit. City needs to send a letter to MnDOT by February 22, confirming intent to proceed with the project. ▪ A draft letter has been prepared to be sent to Medina request ing their cooperation in extending utilities to the UMC project. Paul Donna presented the Council with financial data on sources of revenues available for financing the UMC /Tomann project. Various means are available to both the City and to the Tomanns including Industrial Development Bonds, DTED‘s Small Business Development Loan Program and the Minnesota Investment Fund, General Obligations Bonds and Tax Increment Financing. Overall, Mr. Donna and Ms. Foust concurred that it is a feasible project and t here are means by which to make it move forward. It was noted that some of the costs prepared by UMC were for the entire site, not just their project, therefore these will need to be reviewed. A meeting will be held with the three affected property owners, UMC/Tomann Family, Medina Electric (Harvey Dahl) and Eugene Dabrowski to address the overall project and costs. Mayor Guenthner closed the workshop at 6:55 p.m., announcing that discussions regarding this project would be continued during the regular council meeting immediately following at 7:00 p.m. Respectfully Submitted: ____________________________ Susan Vergin, CMC City Clerk Workshop Opened Roll Call UMC / Tomann Project Workshop Closed