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d. The proposed addition to Building 14 will create 150 new jobs over three years after the opening date of the proposed addition. There will be no reduction of positions at other company sites during the next two years, nor will there be any hobs relocated from existing Minnesota sites to this site. 2. Finding that the proposed project, in the opinion of the city council, would not reasonably be expected to occur solely through private investment within the reasonably foreseeable future. a. Without funding from the Job Creation Fund, Boston Scientific may choose to relocate the project away from their Arden Hills site. The proposed addition to building 14 could occur at a different Boston Scientific location outside of Minnesota. 3. Finding that the proposed project conforms to the general plan for the development or redevelopment of the City as a whole. a. The Boston Scientific campus is guided as Light Industrial and Office on the 2040 Comprehensive Plan land use plan. The current use is a permitted use as a manufacturer of medical devices within this district. The changes to the Campus Master Plan that the Applicants propose to add are entirely exterior and complementary to the use of the Subject Property as a medical device manufacturer. b. The City of Arden Hills aims to promote the development, redevelopment, and maintenance of a viable, innovative, and diverse business environment serving Arden Hills and the metropolitan area. To achieve this economic development and redevelopment goal, the City of Arden Hills will work to create and strengthen existing partnerships between public and private agencies and institutions, engage the private sector to encourage development and redevelopment projects that are beneficial to the City, and identify incentives or programs where applicable that promote private sector investment. c. While the City's economic base is relatively strong,the City recognizes the need to maintain and enhance the economic base over the long-term.The proposed addition to Building 14 aligns will the goals of the City and contributes to the maintenance and enhancement of the City's economic base over the long-term. 4. Finding that the proposed project will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the redevelopment or development of the project by private enterprise. a. The Boston Scientific campus at 4100 Hamline Avenue North operates under a Planned Unit Development (PUD) that was originally approved in 2002 for the Guidant Corporation. The proposed addition to Building 14 is not shown on the current Master Plan, but the company has submitted an application for a PUD amendment.This application will likely be considered by the Planning Commission in April, 2021. b. Boston Scientific is regulated under a PUD that permits the Subject Property to operate medical manufacturing provided those uses maintain harmony and compatibility with surrounding uses and are in keeping with the architectural character and design standards of existing uses and development. The underlying Zoning District that guides the uses allowed within the parcel is the I-1 Limited Industrial District. To view the final document, access adopted Resolutions via Arden Hills Public Laserfiche Weblink by visiting cityofardenhills.org and clicking on Archived Documents under Helpful Links on our main webpage. 203065v1