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reimbursement. We have been actively coding various invoices to a “COVID” category to <br />keep unusual expenses related to the pandemic separate from our normal costs. <br /> <br />COMMUNITY DEVELOPMENT <br /> <br />Comprehensive Plan <br />The city formally adopted the 2040 Comprehensive Plan and sent notice to the <br />Metropolitan Council. The plan can be found on the city’s website. It is our guiding <br />document for all aspects of the development of our city. <br /> <br />Old Mill Estates <br />The developer is working on buttoning up the Phase I improvements and has requested a letter <br />of credit reduction, which is on this agenda. Work remaining, includes the construction of <br />trails and sidewalks, wear course paving and general site stabilization and finish grading. <br /> <br />A Letter of Credit reduction was approved, for Phase I, at the last City Council meeting. <br /> <br />On this City Council agenda, the developer is requesting an extension to his time of <br />performance for a few pieces of infrastructure. The extension goes to the end of 2020 and <br />appears to be a reasonable request. The city still holds a substantial letter of credit to ensure <br />these elements are completed. <br /> <br />The letter also outlines their approach to the timing of development for Phase II. <br /> <br />Bay View Villas (Waterworks Site) <br />Shoreline stabilization (rip rap) was completed recently and the developer continues to <br />work on site clean-up, restoration and landscaping. <br /> <br />Block 7 Property <br />After the City Council Work Session in late April, regarding the Block 7 redevelopment <br />project, staff reengaged with the developer to discuss the possibility of approaching the project <br />without the use of Tax Increment Financing. The developer has said they will explore this <br />option and, if viable, bring back a new proposal. <br /> <br />7241 Main Street <br />No recent news. <br /> <br />Peltier Estates <br />No recent news. <br /> <br />th <br />Centerville Storage (20Ave. Mini Storage) <br />The developer has been doing some grading and tree clearing on site. A building permit <br />application is being completed along with other pre-construction requirements, such as <br />recording the Conditional Use Permit, submitting fees and escrows, and obtaining various <br />agency permits. <br /> <br />rd <br />Pheasant Marsh 3Addition Letter of Credit <br /> <br />