08/14/1989 Meeting - Laserfiche WebLink

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~ 4 . Mr. Holmer asked whether the new University President, Myles Brand, has been fully briefed on the project. Mr. Moseley said Dr. Brand has been fully informed about the project. He added that Dr. Brand is supportive of the commission1s recommendation that IDA be selected as the developer for the park. Answering a question from Ms. Bascom, Mr. Keller said IDA is aware of the controversy surrounding the research park and is not disturbed by it. Ms. Ehrman asked for information about the transportation improvements associated with the project. Cathy Briner, Planning and Development Department, said the transportation improvements associated with Phase I of the project will be funded by the State. She said necessary improvements for later phases of the project will be included in the Capital Improvement Plan. Mr. Green asked why local developers did not submit proposals for the project. Mr. Moseley stated that no local developers have experience with research parks. Ms. Briner added that IDA is expecting to use local construction companies and architects. Ms. Schue asked how the sewer line for the project will be financed. Ms. Briner said this has not been resolved. She said the City is waiting to learn whether it is eligible for a grant from EDA. If not, the City will apply to the State for a special public works grant. e Mr. Green asked whether the tuition of University students will be increased to help cover the costs of the research park. Mr. Moseley said it is not possible for the University to use student funds to offset the construction costs of the research park. At 6:30 p.m., the meeting was recessed until 7:30 p.m. Respectfully submitted, ~11~-- Mi heal Gleason, City Manager (Recorded by Tanya Northman) MNCC 081489-530 . MINUTES--City Council-- August 14, 1989 Page 3 Dinner/Work Session