2021-04-28 WS & CC Meeting Minutes - Approved

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City of Centerville Council Meeting Minutes April 28, 2021 years ago has no bearing on what is going on today. Council Member King stated that he expecting there to be a housing bubble and other bubbles where people do not have to pay their rent which creates problems. He stated that there are a myriad of things that could happen. He stated that one of the reasons he wants more time is so he can hear from the Centerville citizens. He explained that of the people that e-mailed him, nobody gave him their phone numbers. He stated that he is an Òold guyÓ so he cannot easily e-mail them back and would prefer to just pick up the phone and call them back. He stated that he is part of the Economic Development Authority and wants to develop the City, but has to take into account his role as a Council Member, and also needs to listen to the people because that is what he was elected to do. Administrator Statz noted that a member of the public asked if Mr. Rausch could identify his relationship to the development. Mr. Rausch explained that he is a commercial real estate broker for Cushman and Wakefield and has worked with the Rehbeins for about 15 years. Council Member King stated that many times people say that the City is just ÒrooftopsÓ. He noted that even if Kwik Trip did not come to the City, he has to ask himself why did they were even interested in coming to the City if the ÒrooftopsÓ were not attractive to them. He stated that he would like to get the development that the people in Centerville and Lino Lakes want which is country living and restaurants. He stated that he has served on the Council for a total of 8 years and nobody in that time has ever come to complain about their taxes, but people expect something in return and he has to assume that they like the school district and the other things. He stated that he is going to listen to the citizens as much as possible, and will not stab them in the back, but they need to understand that it may cost them. He stated that he believes this land is developable and apparently so does Kwik Trip because they know there is a lot of business to be captured on this side. He stated that as more houses get built, someone else will come and look at as well. He reiterated his request for the residents to give him their phone number so he can get back to them and asked people to contact him whether they are for or against these plans. Mr. Harchanko stated that Council Member King is correct that there are no guarantees for what the future may bring. He stated that from the developerÓs point of view, he has no guarantee that the interest rates will not go higher and noted that material costs are already going higher. He stated that his fear is that 120 days from now this project may not be feasible if the interest rates have driven the cost of financing too high to make this unappealing. He stated that basically he does not even have a guarantee for 60 days from now and explained that there have been times where delays have caused projects to never happen. Council Member King stated that he understands the material costs issue, but interest rates, when the Country owes as much as it does he does not know how much the interest rates can go up unless the Country is going into the ÒresetÓ. Council Member Lakso stated that she feels like she has listened to everyone who has contacted her and unfortunately will not be able to vote in a way that will please everyone. She stated that she wanted to touch on some of the comments made that assume the type of people that live in Page 22 of 26