HomeMy WebLinkAbout9.A. Joint City Council/EDA Public Hearing on Emerson Development Agreement Pt Public Hearings
9. A.
SHHAK.O'EE
TO: Mayor and City Council
FROM: Mark McNeill, City Administrator
DATE: 03/19/2013
SUBJECT: Joint City Council / EDA Public Hearing on Emerson Development Agreement (F)
Action Sought
To open and continue a public hearing for Emerson Process Management, regarding a development agreement, and
business subsidy plan.
Background
At its meeting of March 19th, the City Council and EDA will jointly open a public hearing for actions relating
to Emerson Process Management.
At their meetings of March 5th, both the EDA and City Council called for a joint public hearing to consider a
business subsidy plan and development agreement for Emerson Process Management. Emerson is, of course, the
company which has been negotiating with the City for several months to bring a substantial business to the former
ADC 2 building in Shakopee.
The public hearing is therefore set for 7:00 p.m. in Tuesday, March 19th. However, Emerson and City staff are
continuing negotiations on the business subsidy plan and development agreement. Unfortunately, neither are ready
for consideration by either of the policy making bodies at this time.
In order to allow sufficient time to finish the negotiations, the Council should open the Public Hearing, and then
continue it to the April 2nd meeting.
Recommendation
I recommend that the Public Hearing be opened and continued to Tuesday, April 2nd at 7:00 p.m.
Budget Impact
None.
Relationship To Visioning
This supports Goal "F ", "Housekeeping."
Requested Action
Both the EDA and City Council should open the public hearing, and continue the Public Hearing for Emerson
Process Management to Tuesday, April 2nd and 7:00 p.m.
Attachments: