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Iune2,20l4 development agreernent, Mayor Jacobsen asked if any fi.rther soil testing would be completed before the footings and foundation were consblcted. Mr. Haakenson explained that soil testing was conducted and the soutlreastern portion ofthe site wor.rld require geo-piers, wtrich were a significant cosl He appreciafed the assistance from staffon assisting withthisconcem. Motion by CouncilmemberBury seconded by CouncilmemberJacobsen to adopta Resolution authorizing a Contract for Private Redevelopment by and between the City of Nerv Brigþton and Cardiovascular Systems,Inc. and Ryan Companies US,Ins for an office prnject in New Brigþton Exchange. 5 Ayes, 0 Nays-Motion Carried 2. Consideration of a Pla! Site Plarl and Planned Unit Development to allow constuction ofa 125,000 SF corporate headquarten building and associated site improvements on Block A & F withinNewBrightonExchange. ReportNo. 14-137. City Manager l¡tter explained Planning Coordinafior Gundlach would be presenting this item to Cowrcil. Plaruring CoordinatorGundlach statedthe applicantis requesting PlannedUnitDevelopment Plat, and Site Plan approvals to allow development of a lO-acre site'with a 125,000 SF corporate headquarters, to include ofrce, research and developmen! and accessory wmehouse uses for Cardiovascular Systems, Inc' (CSf. hrcluded inthe request is the constuction of 416 sfface parking stalls and approximalely 350 feet ofpublic rightoÊway to be known as Centml Park Boulevard. The request also includes four loading docks, a sidewalk along Old High*uy 8 NW, and Cental Park Boulevard" landscaping, growrd and wall signage, and a private oúdoor plaza feåture at the northwest comer ofthe building. The applicant has poposed an aggressive timetable, requiring Prelrninary and Final PUD and Preliminary and Final Plat approvals to be considered simultanoously. The proposed Site Plan ilhstates afuture building expansion ofup to 75,000 SF and additional area at the nofh end ofthe lO-acre site for fi¡hne surface parking to accommodafe the e4pansion The proposed expansion is anticþated to occur in the next 5 yean. The cunent proposal does not include approval ofthe futurc expansior¡ br¡t rather the applicant or fi.rture owner, will be required to submit separate PUD and Site Plan application t that time. The project area is located within the NBE redevelopment area ThelandsaleandfinancialsareaddressedwithintheRedevelopmørtAgreementrvhichisbeing considered as a separate item on the June 2d agenda Stafffinds that all criteria have been met and the Findings of Fact for approval are noted within the Planning Commissionreviewedthisroquestaf theirApril I ftheResolution withconditions. Motion by CouncilmemberBauman, seconded by CouncilmemberJacobsen to adopt aResolution approving a Plat Site Plan, and Planned Unit Development to allow construction of a 125,000 SF corporate headquarten building and associated site improvements on Block A & F within New Brighton Exchange request subject to 14 conditions. 5 Ayes,0 Nays-Motion Carried 3. Consideration ofa Resolution Supporting CSI's Job Creation Fund Application ReportNo. 1+138. City Manager Lotter explained Community Development DirectorFemelius wouldbepresenting this iæmto Council. Community Development Director Femelius stated a.s part of CSI's planned e¡pansion inNBE, CSI is seeking assisønce of $2.0 million from the Minnesota Departnent ofEmployment and Fæonomic Development (DEED) ûom the Job Creation Fund. This program provides assisønce in the form of ta< Page3 of 4 2. Corsideræion of a Plat, SiæPla¡ ad Plamod Unit Developmørtto allow consùudion ofa 125,000 SFcorporaehødquøten building ard associated site improvernents on Block A & FwithinNewBrigþton Excharge. RçortNo. 14 137. 3, C¡rsideration ofa Resohrtion Supporiing CSI's Job Crcation Fud Applicaion RçortNo. t4138.