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ARDEN HILLS CITY COUNCIL-July 13, 2009 6 <br /> Business/Industrial Sections <br /> o Increasing vacancies in Red/Grey Fox area <br /> o B2 Business District Master Plan <br /> o Traverse Business Property on Round Lake Road <br /> Park Improvements <br /> o Valentine Park with chronic flooding issues <br /> Housing <br /> o The City has no real options in Arden Hills beyond single family <br /> homes <br /> o Housing options are needed for entry level residents (such as <br /> apartments) and senior housing <br /> o People tend to buy homes in neighborhoods within which they rent. <br /> Mayor Harpstead stated this is a daunting list but indicated the Council also heard <br /> the good news about the City's finances. Currently the City of Arden Hills is sitting <br /> on about $6.7 million dollars in the Permanent Improvement Revolving Fund ($700 <br /> per person) for Capital Improvements. This isn't a "rainy day fund"; the City has <br /> those as well. This is the City's money to use for adding value to the City of Arden <br /> Hills. The City should either use this money on projects or return these <br /> accumulated funds. Furthermore, especially when interest rates are at historic lows, <br /> the City has the option to issue bonds to cover the City's share of any necessary <br /> construction. The City does not need to sit on a large Revolving Fund. Two weeks <br /> ago, the City Council voted to use 475 acres of the TCAAP land being sold by the <br /> Army as park and open space. This is not in the City's 1998 and 2008 <br /> Comprehensive Plans; it is not in the Metropolitan Council's Strategic Plan; and is <br /> not in the Ramsey County Park Plan. In short, without an outside champion - <br /> stepping forward, the cost of this action most likely would be carried by the City of <br /> Arden Hills. If the City is not able to take care of Parks and Trails plans that they <br /> currently have, how should the City expect to take care of 475 acres more? What <br /> the City needs is a balanced plan including open space, housing, job creating <br /> businesses and other elements that will make Arden Hills a great place to live, <br /> work, and play. On Wednesday of this week the Army and GSA representatives <br /> will come to Minneapolis to meet with the City Council and Staff. These <br /> individuals work for all the citizens of the USA with the mutual objectives of <br /> returning the land to the public in such a way that the people of the USA get a fair <br /> value for this public asset and that the people in Arden Hills and the region achieve <br /> their community vision and needs. The Army and GSA are on the same side of the <br /> table as Arden Hills. They will be here to explore our community's issues and <br /> concerns in an open and forthright manner. Mayor Harpstead indicated he hopes <br /> that many of the residents can join the meeting to hear the discussions. After <br /> several decades, it is time that the Army and the City reach a common ground and <br /> begin the productive process to cure the blight that has accumulated over the past <br />