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• MINUTES <br /> A D1JEEN HILLS <br /> • <br /> FINANCIAL PLANNING &ANALYSIS COMMITTEE <br /> TUESDAY, August 14, 2007 <br /> 6:00 P.M. <br /> Upstairs Conference Room, Arden Hills City Hall <br /> CALL MEETING TO ORDER AND ROLL CALL <br /> The meeting was called to order by committee chair, Scott Bronson at 6:04pm <br /> MEMBERS PRESENT: Maurice Gieske, Scott Bronson, Al Hilgers, Jeff Johnson, Jim Ostlund, <br /> David Grant, Council Liaison <br /> OTHERS PRESENT: Sue Iverson, Finance Director; Joe Rueb, Accounting Analyst <br /> II. APROVAL OF AGENDA <br /> Current status of the investment policy? Passed Counc -;.r <br /> Gieske requested a copy of the final and appro d inyestment policy. <br /> dir <br /> Motioned: Jeff Johnson . <br /> Seconded: Maurice Gieske <br /> • III. APPROVAL OF July 10, 2007 MINUTES <br /> Motioned: Jeff Johnson r <br /> Seconded: Maurice Gieske u <br /> IV. CITY COUNCIL UPDATE -Conch&ember Grant <br /> At this time there are pla for a V •reens to be built on the South West corner of Arden Plaza. <br /> Some residents do not wakrlWal.i,-ens; an alternative for the Walgreens is an ALDI store. The <br /> closest ALDI to Arden Hills iSlrntly located off of Rice Street in Little Canada. Council does <br /> not have any authority to prevenYany specific building unless there are problems with set backs, <br /> transportation or other city related concerns. This new structure will block the ACE hardware <br /> store building. Ace's building and property is privately owed. Another concern is that the local <br /> pharmacy leases it building and may be affected by a Walgreens. <br /> There is a sliver of land located off of New Brighton Road of which 55 feet of that land is located <br /> in Arden Hills and that rest of the land is located in New Brighton. The owner of this property has <br /> requested that Arden Hills turns the property over to New Brighton. This topic has been tabled <br /> with the council. <br /> TCAAP: There is a concern that part of the property is going to be too dense in population. It is <br /> projected to contain 1700 household units on 30 acres of land. Council Member Grant feels as <br /> though there are not enough parks and trails throughout this property. From 2005 -2007 the total <br /> buildable acreage has decrease by approximately 100 acres, although the density has stayed the <br /> • City of Arden Hills <br /> 1245 West Highway 96 • Arden Hills Minnesota 55112 <br /> Phone 651.634.5120• Fax 651.634.5137 <br /> www.ci.arden-hills.mn.us <br />