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ARDEN HILLS SPECIAL CITY COUNCIL WORKSESSION - FEBRUARY 12, 2024 6 <br />Mayor Grant felt he was a little early to the game being as the City has a need for property but at <br />some point the property may be sold. <br />Councilmember Rousseau asked how much square footage Public Works would need. <br />Public Works Director/City Engineer Swearingen replied they would need 15,000 - 20,000 <br />square feet for storage area. They haven't done any type of topography survey on the City Hall <br />property. <br />Councilmember Monson felt they had many years to deal with the Public Works facility issue as <br />TCAAP gets going. She added that to put Public Works there just because the City owns the land <br />when it is prime Highway 96 land was something they needed to think about. She wondered if <br />staff could talk to the County about a Highway 96 study. <br />Mayor Grant said they need to figure out where the maintenance facility would go, as part of a <br />study. <br />Councilmember Holden thought one of the concerns is if they sell this they will have to buy <br />something somewhere else. She stated one of the reasons we were trying to build in this area is <br />because the other Public Works facility is right there and the guys interchange and work together <br />all the time. She thought discussing selling was premature. <br />Councilmember Fabel asked about the market for $3,000 a month rental townhome. <br />Mr. Alexander said there is a strong market, many are young families with small kids that aren't <br />in the position to buy a home but have good jobs. There is a renter by choice movement going on <br />in the Twin Cities and elsewhere. <br />Councilmember Rousseau wasn't against the idea but figuring out next steps while preparing for <br />Rice Creek Commons should happen first. <br />Mr. Alexander hoped if there was an opportunity in the future they would consider his company. <br />C. MCES Private I/I Grant Program — Equity Component <br />Mayor Grant said staff recommended to not have an equity component this year. <br />Councilmember Rousseau was in favor of staff s recommendation but would like a list of equity <br />requirements. <br />Public Works Director/City Engineer Swearingen said the equity component would be <br />formulated by the City, and varies from city to city. He would like to wait to see what other cities <br />are doing, then come back with their ideas to see what fits our community the best. <br />Councilmember Holden wouldn't like staff to have to review income tax forms, maybe they <br />could base it on home value. <br />Councilmember Fabel liked the assessed value of the home, and that it must be under a certain <br />dollar amount. <br />