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<br /> <br />Page 1 of 4 <br /> <br /> <br />UNFINISHED BUSINESS – 2A <br /> <br /> MEMORANDUM <br /> <br />DATE: March 15, 2021 <br />TO: Honorable Mayor and City Councilmembers <br /> Dave Perrault, City Administrator <br /> <br />FROM: Jane Kansier, AICP, Planning Consultant <br /> Corrin Bemis, Planning Consultant <br /> <br />SUBJECT: Planning Case #21-001 <br /> Applicant: Boston Scientific Corporation <br />Property Location: 4100 Hamline Ave N. <br />Request: Approval of the Job Creation Fund Resolution <br /> <br />Budgeted Amount: Actual Amount: Funding Source: <br /> N/A N/A N/A <br /> <br /> <br />Council Should Consider <br /> <br />Motions to approve, table, or deny the following: <br /> <br />• Resolution Number 2021-014, Resolution Regarding the Support of a Job Creation <br />Fund Application in Connection with Boston Scientific Corporation, based on the <br />findings of fact and submitted Job Creation Fund application. <br /> <br />All items need a simple majority for action unless otherwise noted. <br /> <br />Background/Discussion <br /> <br />Boston Scientific Corporation proposes to construct an expansion of their manufacturing facility <br />at Building 14, in the northwest corner of the Arden Hills campus. The purpose of the facility is <br />the development and production of lithium batteries for use in medical devices. The primary space <br />in the facility is a 'dry room', a space maintained at less than 1% relative humidity, which is <br />required for handling lithium. Ancillary functions in the addition include office and conference <br />space. The proposed expansion is expected generate 150 new jobs over the next three years. <br /> <br />To assist with the funding of the proposed addition to Building 14, Boston Scientific is applying <br />to the Minnesota Department of Employment and Economic Development’s Job Creation Fund. <br />The JCF provides financial incentives to new and expanding businesses that meet certain job