Loading...
HomeMy WebLinkAbout4.a. Exec Sum Canada Circle E X E C U T I V E S U M M A R Y Port Authority Meeting Date: May 16, 2016 AGENDA ITEM: Canada Circle Information AGENDA SECTION: New Business PREPARED BY: Kim Lindquist, Deputy Director AGENDA NO. 5.a ATTACHMENTS: Feasibility Study, Additional Maps APPROVED BY: ddj RECOMMENDED ACTION: Information only. ISSUE In response to redevelopment initiatives in the Downtown, the City purchased land in the Canada Circle area to allow for relocation of some previously sited Downtown businesses. The intention was to permit a place to land for the more auto related uses that were not consistent with the long term development strategy for the Downtown. The area is shown in the feasibility study and includes excess right of way obtained from Dakota County and the State. The second portion of the information provides an extended development scenario that would include the City Dump site, which public works currently uses as a staging area and storage of materials. One of the Downtown businesses contacted me, checking to see if we still had the property available, which we do. We have also mentioned the property to various users who have a business with some outside storage. Because the site is unimproved, and because the entire site needs to be graded to balance the site, there hasn’t been any activity. Staff would like to familiarize the Port Authority with the property and the issues associated. Included in the 2006 Study are estimated costs associated with the grading, installation of cul de sac, and sanitary sewer extension. The cost would need to be revised to reflect today’s costs. Additionally, the extra information illustrates a larger development concept which would need to be evaluated for development costs. The greater expansion project would also displace the dump site being used by the Public Works. The storage and staging is critical to the operations of the public works department and would need to be replaced elsewhere in the community. Investigation of the dump site by Dakota County also indicates that the development potential of the site is limited and may only include pavement. In other words, if may be more financially feasible to develop the smaller four lot proposal rather than the larger one. RECOMMENDATION Staff would like to introduce this subject and provide information to the Commissioners about the potential for development in the Canada Circle area. However, at present, there has been no funding identified to assist in grading, utility extension and road improvements.