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2A, TCAAP Stadium Update
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2A, TCAAP Stadium Update
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10/23/2024 12:05:29 AM
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5/27/2011 1:18:57 PM
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Special City Council Meeting
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The Terms do not address the timeline for the remediation of the Private Land, but divides the <br /> costs for remediation between the County and the Team. <br /> City Concern #3: Development must generate adequate local government revenue to <br /> support services to the site. <br /> Letter of March 21, 2011: If a significant portion of the site is tax-exempt, it becomes unlikely <br /> that development on the balance of the site will generate sufficient revenue to support services. _ <br /> The City desires that the balance of the site be developed concurrent with the stadium so that <br /> revenue is available to provide services. PILOT or other payments for police, fire, public works <br /> and other City services may be necessary to cover capital and operational costs of service for <br /> Vikings games and other events. <br /> The Terms: The Team shall be responsible for any and all costs incurred for municipal services <br /> (e.g. police/security, traffic control, fire prevention, emergency medical, street cleaning/trash <br /> removal and other similar services)provided for events held by the Team. Sponsors of civic, <br /> non-commercial events/uses shall be responsible for any and all incremental costs incurred for <br /> municipal services provided for its events. <br /> Staff Comment: The Terms do not address costs incurred on days with neither Team nor civic <br /> events. The Terms address operational costs of public services, but does not address capital <br /> costs. Because the Team has at least eight years after the opening of the stadium to commence <br /> private development on the Private Land, it may be several years before tax revenue is generated - <br /> by the Private Land to support municipal services. - <br /> Citv Concerti 44. The City of Arden Hills must retain local governawnt authority <br /> including land use; approvals, plan reviciv, permitting, and building inspections. <br /> Letter of March 21, 2011: The City requires all land use applicants to pay a land use <br /> application fee and deposit funds into an escrow account to cover City costs for plan review, <br /> engineering, legal, and consultant costs. Stadium lighting and signage are of particular concern <br /> to the City and surrounding land uses. Park dedication will be required. Project review and <br /> approval by the Rice Creek Watershed District will also be required. <br /> The Terms: The County and Team entered into the Terms recognizing that the City is another <br /> important party to the Stadium initiative and ancillary real estate development. The Parties will <br /> work cooperatively with the City in the development and construction of the Stadium and <br /> ancillary real estate development. <br /> Staff Comment: The Terms do not address the City's land use approval authority for the <br /> stadium or the Private Land. The Terms describe the design process, but does not mention the <br /> City's role in design or approval. The Terms do not address City costs and fees,park dedication, <br /> City of Arden Hills <br /> City Council Meeting June 1, 2011 <br /> Page 3 of 5 <br />
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