CCP 01-13-1997 - Laserfiche WebLink

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;i'::'.~ -\ "1:"'-"-'-~;.a . I ~_) ~.f;~~ Jo~ r . ARDEN HILLS CITY COUNCIL - JANTJARY 2 1997. 8 I Jerry Filla, City Attorney, advised that Council can attach a condition of that type to the -- subdivision created by Tract B and Tract C. Upon creation of a future turnback or when the City finances the cost of improvements to County Road E, the assessment package will include Tract o and the four lots to the south. All properties will be affected in a similar manner. The resulting I circumstances of the combination of Tracts B and D will result in a better circumstance for Arden Hill assessments than currently exists. Councilmember Aplikowski asked the width of the road. She stated she shared the concern Mr. . Roach had expressed at the Planning Commission, that there was not access for emergency vehicles. . Mr. Ringwald explained the access is no wider than 30 feet. It is accessible to emergency vehicles but does not facilitate two-way traffic easily. Mr. Roach had requested that the access be made a I City street to aSSure adequate access. This is not feasible as the required amount of right-of-way is not available. Councilmember Hieks confirmed that Tract D by acquiring front footage on Lake 10hanna . Boulevard will provide the City with assessment authority of Tract Band Traet D combined without an additional condition. . Mr. Filla stated this was correet. MOTION: Hicks moved and Keim seconded a motion to approve Planning Case #96-21, Dan .. Ashbach, 1580 Oak Avenue, Minor Subdivision/Lot Consolidation, based on the conditions outlined by the Planning Commission. The motion carried unanimously I (5-0). J. Cardiac Pacemaken/Guidant Loan Agreement . Mr. Ringwald advised the City has a signed loan agreement from Cardiac Pacemakers Incorporated (CPl). The request before the Council is to authorize City Administrator to execute I the loan agreement with CPl. The State of Minnesota granted the City of Arden Hills $300,000 to help support the consolidation and expansion of the CPI facilities in Arden Hills. As part of this grant, the State required the City to provide a forgivable loan to CPl. The temJ.S of the I forgivable loan are three (3) percent for five years with 50 percent ofthe loan being forgiven on August 12, 1999 if CPl has retained 540 jobs and has created 70 jobs. The remainder of the loan will be forgiven on August 12, 2001 if CPI has continued to retain the 540 jobs and 70 jobs I previously created. Councilmember Malone confirmed there are no payments made to the City unless CPI defaults. . Mr. Ringwald stated this is correct for this loan. He noted this is typieally not the procedure with these types ofloans. I -. I -