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<br /> Economic Development <br />. 1. Gateway Business District. Progress continues on the construction of Phases II, III, and <br /> IV. The floors should be poured within a week. The Staff continues to negotiate for the <br /> acquisition of the Indykiewicz property. The negotiations have been very up and down, <br /> but generally trending upwards. Lastly, the Staff has been discussing with a developer <br /> the acquisition of the both the Morris Communication and Vaughan sites for a corporate <br /> office user (1,000 jobs averaging $75,000 per year). Two meetings have occurred and a <br /> third is planned. The discussions are still VERY preliminary, but promising. <br /> 2. Lexington Fox Illustrative Plan. The Staff has been receiving comments on the <br /> preliminary vision for the Lexington Fox Plan. The BDC will be discussing this further <br /> at its next meeting on Wednesday, July 15, 1998. <br /> Miscellaneous <br /> 1. Provisional Population Estimate. The City has received its provisional population estimate <br /> as of April I, 1997 from the Metropolitan Council (Exhibit A). The population estimate for <br /> Arden Hills as of this date is 9,692 persons. The estimate would appear to be a reasonable <br /> estimate. <br /> I-35W Corridor Coalition <br /> The Coalition continues to move forward on it studies on GIS, transportation, and housing. The <br /> Coalition has hired a GIS consultant through the end of 1998 to assist the Coalition and the cities <br /> get the most out of this new computer system. The RFP for a consultant to assist the Coalition <br />. develop a detailed strategy to assist on transportation and housing are being prepared. <br /> The Cities continue to work together on smaller issues such as the corners along County Road D <br /> (ie., at Cleveland Avenue and at Fairvew and at Lexington Avenue) to see how we can <br /> coordinate our economic developmentlredevelopment activities in these areas. <br /> Lastly, the Coalition has been evaluating hosting a Building Fair for the residents of the <br /> communities. The main idea behind it would be to allow the residents to obtain information <br /> about vendors, products, and city rules and regulations all at one place. Any thoughts that you <br /> may have on the value of this would be helpful. If rents for the booth spaces are charged, then <br /> this activity could generate its own revenues, except for perhaps some 'seed money" (Exhibit B). <br />. <br />------.-.----- <br /> ---- --- <br />