►
Description
September 8, 2021 City Council / Port Authority Concurrent Meeting
D
E
A
A
A
B
A
A
A
Hearing
none
and
I
would
like
to
make
note
councilmember
lowman-
is
now
in
attendance.
Welcome
good
to
see
you
duane
hearing
no
comments
or
or
questions
from
the
city
council.
I
would
look
for
a
city
council.
Do
we
have
to
break
these
down?
I'd
look
for
a
city
council
motion
to
approve
the
minutes
so
moved
so
moved.
We've
got
a
motion
by
council
member
coulter
seconded
by
council
member
beloga,
who
approved
the
council
portion
of
concurrent
city
council
port
authority
meeting
minutes
no
further
discussion,
carolyn
veloga.
G
A
Moving
on
on
our
agenda
under
a
new
business
item,
2.1
is
the
business
survey
of
bloomington
businesses,
and
this
was
something
that
we
had
talked
about.
I
think
looking
for
clarification
or
more
information,
as
we
made
our
way
through
the
pandemic,
exactly
how
bloomington
businesses
were
faring
and
what
their
thoughts
were
on
a
variety
of
subjects.
E
E
Evening
good
evening,
I
think
I'm
safely
six
feet
away
good
evening,
mayor
council
and
court
authority
members
I'm
special
projects.
What's
my
title
projects
and
initiatives,
manager,
barb
wolfe,
so
back
in
april,
we
were
before
the
same
body
and
it
was
approved
and
anonymous
and
randomized
business
survey
of
our
community,
and
so
we
have
peter
leatherman
from
morris
leatherman
company
here
this
evening
to
give
you
those
results.
E
Did
administer
a
small
business
loan
program
and
we
gave
out
843
000
and
care
act
cares
act
funding
to
over
150
businesses,
staff
also
created
a
business
resource
page
and
really
that
was
just
to
centralize
information
and
resources
for
businesses.
So
there's
one
place
for
them
to
go.
We
have
had
the
open
to
business
program
for
a
number
of
years
we
partner
with
mccd
and
hennepin
county
on
that
program,
but
we
also
do
have
a
number
of
other
programs
that
hennepin
county
has
that
are
free
programs.
E
Elevate
business
came
out
of
cares,
act,
funding
as
well.
It
has
over
20
local
organizations
that
provide
technical
services,
and
this
is
virtually
unlimited
assistance
to
any
business
in
hennepin
county.
We
also
have
the
ceo
next
program.
This
is
an
eight-month
program
for
growing
and
expanding
businesses.
E
E
That
application
process
is
going
to
open
in
two
weeks
and
they
have
ten
to
fifteen
thousand
dollar
grants
for
businesses
on
that
that
one
is
called
minnesota
main
street
covid
relief
grants
and
then,
with
these
grants
over
the
years,
city
staff
has
partnered
with
many
businesses
to
acquire
funding
and
help
out.
Businesses
such
as
toro
companies,
with
their
expansion,
polar
semiconductor
and
also
the
construction
of
the
new
sick
headquarters.
E
E
E
Where
then,
we'll
be
looking
at
recommendations
in
the
future
to
come
back
to
this
group,
so
tonight
we're
just
looking
at
taking
a
look
at
the
survey.
What
are
initial
reactions?
What's
unique
about
the
results,
just
getting
those
those
reactions
from
from
this
body
here
this
evening,
so
with
that
I'm
going
to
have
peter
leatherman
come
up
and
he's
going
to
present
the
survey
results.
H
H
The
surveys
were
conducted
between
june
1st
and
july
16th.
It
took
a
while
on
this
survey,
multiple
factors
and
we've
learned
as
a
company.
Now
probably
don't
do
summer
surveys
in
the
middle
of
a
pandemic,
when
employers
are
having
difficulties
trying
to
find
people
to
work
for
them
at
the
start
of
the
summer.
H
It
wasn't
that
people
were
unwilling
to
take
the
survey.
There
were
numerous
appointments,
and
in
the
midst
of
this
we
had
the
very
odd
fourth
of
july,
where
it
was
on
a
saturday.
So
half
the
owners
were
off
the
week
before
half
the
owners
were
off
the
week
after
so
we
did
complete
400
randomly
selected
across
the
community
average
interview
time
was
20
minutes.
I
was
curious
how
many
people
stay
on
the
phone
with
us
for
over
45
minutes
and
there
were
seven
percent
of
the
business
owners
on
this.
H
One
29
stayed
on
for
45
minutes
and
you've
probably
heard
from
all
of
them
at
some
point,
a
lot
of
history
and
a
lot
of
additional
verbatim,
shall
we
say
the
non-response
rate
was
was
five
and
a
half
percent
and
with
a
400
sample.
As
long
as
you
know,
we've
included
everybody
in
the
sample.
We
feel
confident
it's
within
plus
or
minus
five
percent
and
95
out
of
100
cases.
H
H
You
can
see.
53
percent
had
been
in
the
community
for
16
years
or
longer.
A
third
have
been
in
the
community
for
over
20
years.
The
median
comes
in
right
at
about
17
years,
17.2,
roughly
and
obviously
with
the
pandemic.
This
is
going
to
impact
the
number
not
a
lot
of
new
businesses
open
in
the
pre
in
the
last
two
years
in
any
community
across
the
country.
H
If
we
look
at
the
next
slide,
we
asked
folks
to
tell
us
what
sort
of
business
they
operated
now
there
are
many
have
multi-faceted
and
that
sort
of
thing,
but
we
try
to
categorize
it
into
one
category.
24
indicated
their
primary
mode
of
business
was
retail.
22
was
restaurant,
15
was
personal
service,
9
professional
service,
7,
manufacturing,
6,
medical
and
health
care,
five
percent
automative,
four
percent
construction,
three
percent
hospitality,
two
percent
technology
and
three
percent
scattered.
H
If
we
continue
with
the
demographics,
we
asked
for
a
location
and
we
gave
them
some
locations
in
the
community
and
said
you
know
what
would
best
describe
your
area.
21
said
they
were
on
lindale
avenue
area
494
on
the
for
on
the
strip,
19,
17,
old,
shakopee,
road
11
in
the
mall
of
america
itself,
10
pen,
american
and
then
you
can
see
the
other
five
categories
coming
in
at
single
digits.
H
H
If
we
look
at
the
next
slide,
the
number
of
employees,
the
first
portion,
the
first,
the
top
of
this
chart-
is
the
number
of
full-time
employees.
Four
percent
indicated
they
had
no
full-time
employees.
It
was
only
a
part-time
company,
63
percent
had
between
one
and
ten
employees.
Well,
you
had
eight
percent
that
had
over
50
employees
full-time
what
about
part-time
employees?
17
percent
had
no
part-time
employees,
all
just
over
half
had
one
to
10
part-time
employees,
and
you
can
see,
then
that
we
had
31
percent
that
had
11
or
more
part-time
employees.
H
Finally,
on
the
demographics,
we
asked
the
gender
identity,
58
percent
said
they
were
male
41
female
1
percent
non-binary,
and
then
we
controlled
by
the
zip
codes
from
the
list.
We
knew
the
number
of
house
or
businesses
in
each
zip
code.
Three
zip
codes
make
up
approximately
three
quarters
of
the
sample
with
five
four
twos,
four
two
zero
four,
two
five
and
four
three
one
and
then
zip
code,
five,
five,
four,
three,
seven
being
the
only
one
in
double
digits.
H
All
right
survey
says
simple
question
up
front
open-ended.
Why
did
you
move
your?
Why
did
you
decide
to
open
a
business
in
bloomington?
It's
a
typical
real
estate,
answer
of
location,
location,
location,
37
indicated.
That
was
the
primary
reason.
20
said
there
was
space
available
for
the
type
of
business
they
were
looking
at.
Fourteen
percent
customer
base.
Twelve
percent
said
it
was
a
corporate
decision.
Eight
percent
close
to
home
five
percent
bought
existing
and
four
percent
lived
in
bloomington.
H
Now
we
decided
in
doing
the
survey,
let's
just
hit
covid
up
front:
let's
have
this
discussion,
so
it's
not
kind
of
lingering
on
and
having
business
owners
and
managers
sit
and
wait
for
us
to
ask
questions
and
you
also,
then
they
can
focus
on
other
things.
Once
you've
had
the
discussion
about
hovid
and
its
impact
so
first
off
what
is
the
their
sense
of
the
impact
of
the
kova
19
pandemic
on
their
business,
not
surprising?
It's
had
a
significant
impact.
H
Now
we
then
asked
if
they
said
major
or
minor
what
how
has
the
business
been
impacted?
First
off
on
overall
revenue,
ninety
percent
of
businesses
said
it
had
decreased
during
the
pandemic.
Six
percent
said
it
remains
the
same
and
three
percent
said
it
had
increased.
What
about
the
number
of
customers?
83
percent
said
that
it
had
decreased.
Eleven
percent
said
it
remained
the
same
and
six
percent
said
it
increased.
What
about
the
number
of
workers
that
they
have?
Three
quarters
indicate
that
head
had
decreased
over
the
pandemic.
H
Well,
25
percent
indicated
it
remained
the
same
and
the
productivity
of
employees
actually
had
16
percent
one
in
six
businesses
actually
said
it
increased,
27
percent
indicated
it
decreased
and
46
said
it
remained
the
same.
So
the
impact
is,
you
know.
Four
out
of
five
businesses
have
felt
the
impact
and
the
impact
has
been
focused
on
multiple
proportions
for
all
these
businesses,
from
revenue
to
the
number
of
customers
and
then
to
the
number
of
workers.
H
Now
one
question
that's
been
going
on
because
we
sort
of
come
out
of
the
pandemic
is:
are
people
gonna
go
back
to
work?
The
way
it
was
before?
So
we
asked
the
question:
have
you
had
to
change
where
and
how
employees
work
during
the
pandemic?
51
indicated?
Yes,
they
had
now.
Obviously,
if
you're
a
hotel,
you
really
can't
change
where
your
employees
work.
If
you're
a
restaurant,
those
sorts
of
things
so
51
had
made
the
decision
to
change
how
employees
work.
H
Then
we
followed
up
with
that
group
and
asked:
do
you
believe
that
you
will
operate
your
business?
The
way
it
was
before
the
pandemic?
80
percent
basically
said
yes,
we
will
go
back
to
normal.
12
said
no
and
9
are
unsure
at
this
point
in
time.
So
if
we
look
at
a
hole
for
the
community,
it's
it's
21.
H
If
we
come
by
the
no
and
the
unsure,
not
sure,
what's
going
to
happen
in
the
future,
20
of
the
50,
it's
about,
10
percent
of
all
businesses
in
the
community
might
not
go
back
to
work
the
way
it
was
before.
It's
not
going
to
be
the
third.
It's
not
going
to
be
the
50
percent
that
people
talk
about
it's
probably
about
one
in
ten
that
probably
will
actually
reorganize
the
way
they
do
things
now.
H
Having
put
aside
the
covid
discussion
and
they've
been
able
to
talk
about
the
impact,
we
then
ask
and
have
people
consider
the
business
climate
as
a
whole.
How
do
they
feel-
and
this
is
that
in
the
month
of
june
the
first
part
of
july-
they
feel
very
positive
about
the
building
the
business
climate,
92
percent
rate,
it
favorably
34,
rated,
excellent
and
8
rated.
Only
fair,
poor,
very
strong
rating,
especially
on
the
excellent
minnesotans,
are
terribly
difficult
graders.
H
They
don't
get
excited
about
a
lot
and
we
don't
like
to
say
anything's
excellent
when
we
can
say
it's
good.
It's
just
a
simple
minnesotan
thing.
So
to
have
a
third
of
business
owners
actually
say
the
climate
is
is
excellent,
is
very
strong
before
the
pandemic,
the
norman
that's
about
25,
and
what
we've
seen
in
all
the
research
that
we've
done.
Looking
at
residents,
attitudes
and
opinions
and
everything.
Enthusiasm
has
dropped
across
the
board
on
multitude
of
things,
so
that
34
is
comparatively
very
strong.
B
H
H
They've
had
less
excellent
ratings
before
the
pandemic,
which
is
makes
this
striking
in
the
sense
that,
as
I
said,
that
the
norm
on
this
about
25
excellent
before
the
pandemic,
you
have
a
third
with
the
pandemic.
Now
I
can
only
assume
that
communities,
the
excellent
rate,
is
going
to
go
down.
So
we
don't
know
what
yours
was
before
in
a
sense.
H
Open-Ended
question:
is
there
anything
the
city
could
do
to
improve
the
business
climate?
Well
right
at
the
bottom.
No
third
say
we're
good.
It
really
comes
down
to
as
you
look
at
this
data
as
a
whole
you're
going
to
see
it
as
we
go
through.
This
people
feel
really
good
about
city
government,
the
city
of
bloomington
itself
and
they're
optimistic
about
the
future.
There's
not
like
one
magic
bullet
that
needs
to
be
fixed.
You
know
a
serious
problem
out
there.
That's
going
to
make
everybody
happy,
because
overall
people
are
happy.
H
This
is
kind
of
you
know
the
for
the
older
folks
who
had
the
stereos
with
the
equalizers,
where
you
had
to
actually
sit
and
play
with.
This
is
kind
of
what
you're
dealing
with
you
have
some
issues
that
impact
other
business,
some
businesses
and
others
that
don't
impact,
and
it's
just
kind
of
fine-tuning
the
sound
of
the
business
climate.
So
you
have
six
percent
say
lower
taxes.
I
will
say
that
that
is
a
third
of
what
it
typically
was
before
the
pandemic.
That
normally
in
a
business
survey,
is
20.
H
Three
percent
then
they're
very,
very
adamant
on
allowing
science.
That
is
a
lot
of
of
that
over
45
minute
group
was
in
a
signage.
Two
percent
wanted
more
redevelopment,
two
percent
tax
incentives,
two
percent
employees
training,
one
percent,
wanted
less
city
spending,
but
overall
between
the
uncertainty
and
the
no
about
eight
and
ten
businesses
couldn't
think
of
anything
in
an
open-ended
question
about
how
to
improve
the
business
climate.
H
Now
this
is
very
hopeful
that
there's
an
intensity
in
the
optimism
of
the
future
of
the
businesses
in
bloomington
58
indicate
they're,
very
optimistic.
A
total
of
ninety
percent
say
they're
optimistic
only
eight
percent
say
they're,
not
two
or
not
very
optimistic,
and
two
percent
were
unsure
so
and
and
this
one
varies
all
over
the
place-
and
you
also
have
built
in
here-
you
know
in
thinking
about
this
and
the
timing,
the
businesses
that
were
really
struggling
going
through
the
pandemic
at
the
start,
probably
weren't
around
to
be
in
this
sample.
H
H
H
15
said
they
were
unsure
and
once
again
we
get
to
the
stereo
equalizer.
Seven
percent
talked
about
a
lack
of
employees,
and
that
was
a
very
adamant
group.
That
month
of
june,
five
percent
talked
about
the
lack
of
customers.
Then
we
had
traffic
congestion,
the
poor
economy,
high
taxes,
transportation
costs,
competition,
the
signage,
violent
crime
and
a
high
rent
and
lease.
But
once
again,
there's
not
anything
in
an
open-ended
question.
H
A
H
A
H
H
Please
tell
me
if
there's
a
very
serious
issue,
somewhat
serious
issue
or
not
a
serious
issue
for
your
business,
so
whatever
rate
on
this
chart
is
the
very
and
the
somewhat
serious,
not
the
not
serious
and
they've
also
rate
it
from
the
intense.
The
very
serious
one
item
has
92
percent
saying
that
it
is
a
serious
issue
with
37
saying
a
very
serious
issue
and
that's
the
general
economic
conditions.
H
Then
we
drop
down
to
64,
saying
a
serious
issue
with
23
very
serious
and
that's
the
cost
of
doing
business.
Everything
else
then
gets
to
about
50
serious
and
about
one
in
ten
people
indicating
that
it's
a
very
serious
issue,
whether
it's
traffic
congestion,
crime,
access
to
capital,
public
transportation,
but
really
the
the
number
one
driver
for
the
seriousness
of
the
issue
is
something
that's
really
out
of
the
city's
control
and
actually
the
businesses
is
control.
It's
the
general
economic
conditions
in
the
state
and
in
the
country.
H
Now
we
then
turned
and
asked
about
full-time
employees,
and
we
asked
have
the
number
of
employees
during
the
past
25
years,
24
months
increase
decreased
or
remained
about
the
same.
You
can
see
the
impact
of
the
pandemic
on
this
one
six
percent
said
they'd
actually
increase
the
number
of
employees
36
indicate
that
it
decreased
57
percent
about
the
same
now.
How
do
they
feel
as
they
move
forward
in
the
next
24
months,
though
you
can
see
it
reverses.
You
now
have
32
percent
indicating
that
they
and
they
believe
that
full-time
employment
will
increase.
H
Eight
percent
decrease
and
49
will
be.
This
they'll
have
the
same
number
of
full-time
employees,
so
it's
kind
of
going
to
be
a
catch-up
then
of
what
the
impact
of
the
recession,
the
anticipation
is,
there's
going
to
be
a
catch-up
in
the
next
24
months
to
get
back
to
where
it
was
back
february
of
2020..
B
But
it
would
be
interesting
and
that
to
look
you,
you
had
seven
percent.
That
said,
lack
of
employees
was
really
a
big
deal.
It
would
be
interesting
to
take
and
look
at
that
in
the
context
of
your
last
slide,
what
they
plan
to
do,
what
they've
done
and
what
they're
going
to
do
right,
because
I
mean
if
they're,
I
would
expect
that
that
group
would
be
hiring
even
more.
H
And
in
the
comments
that
came
up
on
the
lack
of
employees,
that
seven
or
eight
percent
and
everything
was
very
much
focused
on
specific
types
of
employees,
it
wasn't
that
it
was
the
crime.
We're
gonna,
have
there's
a
slide
coming
up
on
quantity
versus
quality,
but
if
they
said
that
it
was
a
concern
on
lack
of
employees,
it
was
a
lack
on
the
quantity
or
I'm
sorry.
The
quality
of
the
employee,
because
they're
looking
for
specific
skill
sets
instead
of
just
numbers.
B
H
Does
the
business
offer
health
insurance
62
indicated
that
they
did
38
said
no,
we
followed
up
with
those
that
said
yes
and
asked
the
type
of
employee
that
was
offered
health
insurance
and
that's
what's
arrayed
in
the
upper
right
hand
corner
so
95
percent
in
the
62
full-time
salary
95
were
offered
health
insurance,
full-time,
hourly,
88
and
part-time
employees.
15
were
offered
health
insurance.
H
What
about
paid
sick
leave
52
indicated
that
they
did
offer
paid
sick
leave.
48
said
no,
they
did
not
of
the
52
94
indicated
that
they
gave
it
to
full-time
salary,
90
to
full-time
hourly
and
52,
to
part-time
employees,
so
about
two-thirds
of
the
businesses
are
offering
health
insurance
themselves
to
employees
and
about
half
are
offering
paid
sick
leave.
H
This
is
where
I
talked
about
the
the
rating
of
the
labor
pool
86
rated
excellent
on
the
quality,
82
percent
rate,
the
quantity
as
excellent
13
rated
the
quality,
only
fair
poor,
17
percent
rated
the
quantity
only
fairport
in
looking
at
this,
and
because
I
was
curious
at
seven
percent
that
said,
lack
of
employees
and
everything
like
I
mentioned
it
was
the
quality
focus
because
they
had
specific
things.
They
were
looking
for
on
this
one.
You
know
the
key
is
going
to
be.
You
have
about
a
quarter
that
say
it's
excellent.
H
H
Well,
one
in
an
open-ended
question
gets
a
flat
majority.
You
can
see,
then,
that
that
is
a
very
powerful
competency
that
they're
looking
at
now
they
could
say
10.
we're
coding
the
number
one
thing
they
say:
52
say
customer
service,
12
say
work
ethic,
9
talk
about
an
attention
to
details,
8
specific
trade
skills,
5
communication,
four
percent
promptness,
four
perce.
Five
percent
problem
is
four
percent
sales,
three
percent
technology,
but
one
dominates
at
the
top
of
what
they're
looking
for
for
skills
and
competency.
H
H
H
Is
the
availability
of
housing,
a
problem
for
the
retention
and
recruitment
of
employees
at
your
business?
No,
it's
it's
not
seen
as
an
issue
amongst
the
business
owners
and
managers.
It
doesn't
necessarily
they're,
potentially
aware
away
from
those
needs.
Not
so
much
aware,
but
nine
out
of
ten
say
no,
that's
not
an
issue.
Two
percent
indicated
that
affordable
housing,
five
percent
were
unsure
and
two
percent
said
scattered
types
of
housing.
So
once
again,
though,
this
is
the
owner
manager,
not
the
employee,
responding.
H
Similarly,
traffic
congestion,
one
in
three
business
owners
or
managers
thought
that
the
traffic
congestion
had
impacted
their
business
35
percent.
We
follow
up
with
that
35
percent
and
ask
who
is
it
impacted?
Has
it
impacted
your
employees?
Has
it
impacted
your
customers
or
clients,
or
has
it
impacted
both
the
impact
is
both
two-thirds
say
both
have
been
impacted,
85
say
it's
impacting
customers
and
clients,
if
we
add
those
two
together
and
79
employees,
so
of
the
third,
it's
across
the
board.
The
impact
of
traffic
congestion.
H
Once
again,
these
are
business
owners
and
managers.
Do
they
believe
that
bloomington
has
enough
public
transportation
options?
Yes,
94
indicate?
Yes,
only
one
percent
of
them
said
no,
those
that
said
no
we're
talking.
Five
people
indicated
that
it
was.
It
was
primarily
impacting
customers
and
clients
versus
employees.
H
Moving
into
the
city
enterprise
itself,
overall,
how
do
the
owners
and
managers
feel
the
cities?
How
would
they
rate
the
city's
attitudes
and
responsiveness
towards
local
business,
90,
rated
favorably,
10
rated,
only
fair
or
poor,
very
strong
rating
the
norm
before
the
pandemic
on
this
one
was
82,
so
you're
higher
than
the
pre
pandemic
norm,
and
on
this
one
there
always
tends
to
be
less
excellent
rating
on
this
one.
H
Simply
because-
and
even
when
you
talk
about
a
residential
survey,
the
feeling
on
the
the
attitude
and
responsiveness
of
the
city
is
often
impacted,
not
whether
they
had
the
possibility
to
be
listed
or
listened
to,
but
whether
you
did
what
they
wanted
you
to
do.
It's
the
difference
between
having
your
say
and
having
your
way
so
that
kind
of
impacts,
enthusiasm
on
an
excellent
rating
on
this
question.
H
How
do
they
feel
about?
Excuse
me?
The
mayor
and
city
council.
First
off
and
we'll
see
it
with
the
last
chart.
People
are
paying
attention,
business
owners
and
managers
in
this
community.
You
have
57
percent,
say
that
they're
not
saying
that
they
have
a
lot.
They
follow
your
work,
a
lot,
but
you
have
57
percent
that
say
that
that
some
follow
the
work
only
43
say
not
to
not
too
much
or
not
at
all.
Typically,
that's
inverse,
especially
in
the
business
community.
You
might
have
30
to
40
indicating
a
lot
or
some.
H
Perhaps
this
is
pandemic
based,
but
this
on
the
business
community.
This
is
like
a
fish
bowl
for
them
to
watch
now.
Oftentimes
the
higher
amounts
of
information,
the
more
they
follow,
sometimes
doesn't
breed
positive
feelings.
In
this
case
they
do
74
percent
rate,
the
work
of
the
city,
mayor
and
city
council
positively,
23
rated
only
fair
or
poor.
H
If
we
look
at
city
hall
during
the
pandemics,
this
was
framed
up
in
the
past
year,
so
23
percent
indicated
that
they
had
had
some
sort
of
contact
with
city
hall.
Were
they
satisfied
or
dissatisfied
with
that
contact?
87
indicated
that
they
were
satisfied,
10
percent
dissatisfied
and
the
10
percent
dissatisfied.
H
Basically
a
third
said:
no
action
was
taken.
A
third
said
they
weren't
listened
to
and
a
third
said
they
didn't
get
any
response.
So
you
really
have
then,
about
two
or
you
know
the
community
as
a
whole
about
three
percent
that
is
based
on
they
didn't
get
the
response.
The
rest
are,
basically
it
didn't
go
with
the
they
didn't
get
the
result
they
were
hoping
for.
H
Overall,
then,
do
they
think
things
are
headed
in
the
right
direction
or
off
on
the
wrong
track
and
enthusiastic,
and
this
kind
of
goes
back
to
their
feeling
on
the
business
climate
too.
87
believe
the
city
is
moving
in
a
positive
direction.
Only
six
percent
say
it's
on
the
wrong
track:
the
focus
on
the
wrong
track
track
with
keep
in
mind.
This
is
six
six
percent,
it's
24
people,
half
of
them
pointed
to
crime
and
half
of
them
pointed
to
high
taxes.
H
The
question
where
the
rubber
hits
the
road.
In
my
opinion,
this
is
an
important
question
because
you
asked
folks
when
you
consider
the
property
taxes
you
pay
and
the
city
quality
of
city
services
you
receive.
How
do
you
rate
that
value
and
you
can
see
you
actually
had
82
percent
rate,
the
value
positively,
only
14
rated
on
on
only
fair
or
poor.
Once
again,
there's
a
lot
more
good
than
excellent.
There's
always
going
to
be
on
this
one
because
you're
inserting
property
taxes
at
this
point
in
time,
and
there's
a
reason
also
that
we
ask.
H
H
We
went
through
a
list
then
and
asked
for
each
of
these
items.
Please
tell
me
if
the
city
should
have
a
great
focus,
some
focus
little
focus
or
no
focus
on
that
item.
What
I've
arrayed
is
great
in
some
first
off.
If
you
look
at
just
do
the
big
picture
on
this,
the
city
should
focus
on
all
of
these
things.
H
The
lowest
number
is
64
indicating
great
or
some
now,
obviously,
you
can't
do
all,
and
so
looking
at
the
blue
and
looking
at
the
intensity,
the
great
versus
sum
two
really
rise
to
the
top
to
focus
on
and
all
this
will
depend
on
funding
and
timing
and
everything
like
this,
but
retaining
and
growing
existing
businesses,
89
99
said
the
city
should
focus
on
it.
7
out
of
10
business
owners
and
managers
said
that
and
then
95
talk
about
recruiting
new
businesses,
63
a
great
focus,
and
once
again
this
goes
back
to.
H
If
we
go
back
to
the
most
serious
issue
and
everything
like
that,
it's
not
like
there's
a
priority.
You
need
to
do
this
this,
the
more
you
focus
on
these
sorts
of
things,
you're
you're,
balancing
that
that's
the
sound
in
the
city
of
the
business
climate,
but
you
also
then
can
impact
you
don't
have
to
you.
Don't
have
a
large
group
of
people
feeling
unhappy
of
business
owners
and
managers
the
the
goal
for
the
city
moving
forward
with
how
do
you
make
them
go
from
favorable
to
enthusiastic
the
good
to
the
excellent?
H
The
agree
to
the
strongly
agree
should
be
the
goal
moving
forward.
You
don't
have
to
change
people's
minds
and
then
always
the
most
important
thing
to
put
things
in
perspective
is:
do
people
think
they're
informed
because
if
they
don't
think
they're
all
that
informed,
then
a
lot
of
their
opinions
might
not
be
they're
going
to
be
opinions
more
than
their
experiences?
H
A
Thank
you
that
was
always
as
always,
good
information,
fascinating,
stuff
and
appreciate
the
the
depth
and
the
and
the
breath
that
you
went
into
with
this,
and
I
understand
I
I
fully
understand
how
difficult
it
must
have
been,
especially
during
this
summer,
just
to
get
people
to
respond.
So
well
done
with
that.
I
appreciate
that
and.
H
F
I
mean
those
are
some
fantastic
results
from
that
survey
and
I
guess
one
of
the
things
maybe
maybe
cover
this
one,
and
I
missed
it,
but
in
terms
of
the
randomization
of
this,
because
some
folks
look
at
this
and
say
wow,
it's
only
400
folks
that
did
this
survey.
Can
you
talk
a
little
bit
about
about
that?
In
terms
of
you
know
how
this
relates
to
how
many
businesses
we
have
in
the
community
and
and
how
statistically
significant
this
would
be
as
we
look
at
this.
H
Correct
when
you,
when
you're
dealing
with
statistics
and
my
business
partner,
was
my
college
professor
everything
he
could
do
you
know.
Well,
he
taught
me
for
an
entire
semester
on
statistics,
so
the
the
show
I'll
do
a
condensed
version
of
it,
the
size
of
the
sample.
It
doesn't
matter
the
proportionality
to
the
population,
so
a
400
sample
of
the
business
community
in
bloomington,
a
400
sample
of
the
residents
in
bloomington,
is
going
to
be
plus
or
minus
5.
H
As
long
as
everybody
has
an
equal
chance
to
be
included
as
a
proportion
here
off
the
top
of
my
head,
I
think
there
were
approximately
3
000
businesses,
I'm
looking
at
bart.
We
worked
the
list,
but
right
around.
That
was
the
number
with
you
do
have
something.
That's
called
a
small
sample
correction
in
statistics
that
if
your
universe
is
less
than
2
000,
you
don't
have
to
talk
to
as
many
people
to
achieve
a
similar
margin
of
error,
which
means
you
know
if
you
had
1500
yeah
I'd
have
to
do
the
small
sample
correction.
H
F
One
other
question
I
had
in
terms
of
the
available
availability
of
the
housing.
The
way
that
that
question
was
asked.
I
wonder
if
the
question
was
presented
in
a
different
way,
if
we
would
have
got
a
different
result,
because
it
wasn't
clear
to
me
just
from
reading
that
question
off
the
slide.
If
that
were
you
know
related
to
you
know,
just
the
managers
themselves
or
to
their.
H
Employees
it
was,
I
could,
I
could
read
you
the
specific
wording
it
what
it
was
to
the
employees,
but
like
I
always
say
that
I
mean
I'm,
I
mean
I
don't
know
where
all
my
employees,
the
issues.
In
that
sense,
I
would
like
to
the
specific
question
is:
do
you
think
the
availability
of
housing
in
bloomington
is
a
problem
for
the
retention
and
recruitment
of
employees
at
your
business
and
then,
if
they
say
yes,
then
we
ask
what
type
of
housing
would
you
like
to
see
made
available
in
the
city.
F
C
H
With
with
the
list
we
had,
we
had
specific
numbers
within
each
zip
code.
Okay,
that's
the
one
thing
that
I
controlled
for
as
I
wanted
to
make
sure.
So
I
I
knew
in
is
pull
up.
I
don't
remember
all
the
zip
codes
so
at
five
in
in
420
it
was
28
of
the
sample
so
from
the
list
that
we
got
of
businesses
28
were
in
4-2-0.
H
Yeah,
and
would
we
do
residence,
I
always
control
by
ward
or
precinct,
depending
on
that,
because
we
know
those
numbers
so
that
and
then
so
I
set
a
quota
for
it
to
make
sure
that
I
guarantee
that
that
is
because
you
could
have
a
random
sample
where
you
had
75
percent
of
businesses
in
one
zip
code
or
75
percent
of
residence.
But
if
I
set
quotas
within
it
and
then
that
on
this
one
I
didn't
control
for
it.
H
I
H
That's
the
one
thing
on
this:
there's
no
census
data
like
on
a
residential
survey.
I
could
go
into
the
census
and
say
I
could
look
at
ethnicity.
I
can
look
at
households
with
children
stuff
like
that
on
this
one
I
we
don't
know
like.
I
asked
the
city
if
there
was
any
awareness
on
the
ethnicity,
and
so
we
had
no
expectation
for
what
it
was.
I
H
H
I
I
H
Is
for
for
some
reason
on
sites
it's
small,
I
mean,
I
think
it
was
three
percent
or
four
percent,
but
in
every
community
on
science
these
tend
to
be
the
loudest,
and
so
it
depends
on
whether
they
want
the
bigger
sign,
the
taller
sign.
They
want
shorter
signs.
They
want
this
there's.
You
know,
but
you're
only
talking
at
this
point
in
time
about
10
to
12
people,
but
they
just
feel
passionately
about
their
position
on
signage,
okay,.
I
They
should
get
some
signs
and
raise
them
up,
so
we
can
see
that
not
too
tight.
The
last
question
I
have
is
there
was
a
significant
difference
between
various
criteria
for
full-time
versus
part-time
employees
in
terms
of
what
they
received,
and
things
like
that
is
that
typical,
in
surveys
that
you
see
is
that
is
there
anything
that
that
should
raise
to
our
awareness
about
that
in
terms
of
part-time
employees
and
and
what
they're
receiving
versus
full-time
employees.
H
H
I
believe
I
don't
have
the
charge,
I
believe
it
was
52
percent
of
part-time
employees
now
keep
in
mind,
that's
52
percent
of
52
percent,
so
but
that's
a
quarter
of
the
part-time
employees
in
play,
not
surprised
on
the
health
insurance.
I
think
the
health
insurance
being
offered
to
part-time
employees
was
just
around
10
off
the
top
of
my
head,
but
I
was
surprised
that
half
were
offering
paid
sick
time
or
sick
leave
to
part-time
employees.
D
Thank
you
hard
to
see
with
so
many
people
on
the
screen
one
hand.
So,
mr
leatherman,
thanks
for
the
information,
I've
got
a
sort
of
an
interesting
question
for
you,
and
that
is
in
taking
this
whole
survey
in
its
entirety,
and
if
our
council
wanted
to
have
a
single
initiative
directed
to
business,
what
do
you
think
would
be
most
responsive
to
the
respondents
in
this
survey?
H
H
H
You
know,
there's
not
one
thing
that
you
can
go
in
and
say:
okay,
you
need
to
do
something
about
this,
like
we've
seen
in
other
communities,
whether
it's
roads,
it's
safety,
it's
those
sorts
of
things.
Is
there
one
thing?
There's
there's
not
one
thing
in
that
sense:
there's
also
not
a
high
level
of
people
that
think
things
are
going
poorly,
are
off
on
the
wrong
track,
and
so
it
becomes
a
difference
in
the
goal
of
the
the
city
enterprises.
H
You
don't
have
to
make
people
think
something's
good,
that
they
think
is
bad.
You
have
to
make
them
think.
What's
good
is
excellent
and
the
factor
when
we
went
through
that
list
of
the
most
serious
issue
being
general
economic
conditions
makes
it
then
harder
to
point
at
okay
for
the
city
to
do
let
let
me
we're
going
to
write
a
report.
I
want
to
do
some
answer.
It's
called
answer
tree
where
we
factor
in
and
bring
in
all
the
multiple
variables
and
stuff
and
try
to
come
up
with
you
know.
H
This
is
going
to
potentially
push
the
buttons
of
those
that
say,
something's
good.
Let's
take
out
the
excellent,
let's
focus
on
those
that
say
good,
only
fear
or
poor,
and
are
there
issues
that
rise
to
the
top
one
or
two
that
provides
some
sort
of
synthesis
to
get
this
to
give
the
city
some
direction
on
it.
C
H
Stage
I
I
don't
think
we
hit
anything
specific
on
that
I
did.
I
was
going
to
mention
this
up
front.
For
the
sake
of
time,
I
did
take
out
about
15
slides
because
I
think
it
was.
I
got
47
or
48
slides,
so
I
tried
to
pair
it
back
a
little
bit
in
that
sense,
but
no,
I
don't
think
we
did
ask
something
that
specific
about
what
you're
doing.
Well,
we
tend
to
always
set
up
if
only
fair
poor.
Why
yeah.
C
C
Well,
assuming
that
we
would
do
this
survey
again
in
the
future,
I
would
be
really
interested
to
know
what
are
those
things
that
the
business
owners
really
appreciate
and
that
we
can
keep
doing
and
because
I
think
sometimes
we
might
hear
from
one
person
and
think
it
might
be
a
huge
problem
and
it's
not
really
right
and
so
yeah.
I
appreciate
the
presentation,
though,
and
it's
really
exciting,
to
see
these
results.
So
thank
you.
Thank
you.
A
Thank
you,
mr
chair.
I
guess
you're.
Mr
president,
the
one
one
question
I
have
around
these
results
is
and
thinking
about
other
communities
where
you
have
a
strong
suburb
that
has
a
history
of
supporting
businesses
next
to
a
large
city
that
you
know
honestly
in
the
last
couple
of
years,
has
had
some
issues
with
with
business
related
things.
Do
you
ever
see
situations
where?
C
G
H
It's
a
great,
I
don't
think
we
can
quantify
that.
I
would
love
for
a
city
to
authorize
me
to
ask
that
question.
How
do
you
rate
your
business
community
in
comparison
to
minneapolis
or
save
paul?
I
think
that'd
be
a
fantastic,
quite
just
just
to
understand,
but
I
don't
think
we
could
actually
quantify
it.
I,
I
would
think
it's
I
think
there
I
I
think,
it's
safe
to
say
there
would
be
spillover,
there's
spillover.
We
know
on
crime
on
that
one
and
so
amongst
business
owners
and
managers.
H
H
C
H
Yeah,
just
free,
I
did
take
yeah
prior
to
the
survey.
Were
you
aware
of
the
city's
mccd
open
to
business
program
offering
technical
and
financial
assistance
all
businesses
in
bloomington
64
said
yes,
but
goes
back
to,
though,
that
you
had
73
or
74
indicating
that
they
were
very
somewhat
informed
about
the
city
government.
H
So
you
can
see
that
sorry,
you
can
see
how
that
impacts,
and
if
you
have
a
broad
and
high
level
of
information
it
can
get
down
to
the
specifics,
but
oftentimes
especially
talking
about
specific
programs
and
that
sort
of
thing
there
tends
to
be
attrition,
because
people
aren't
necessarily
focused
on
everything.
I
thought
that
was
a
startling
result
too.
Absolutely.
A
Also
and
port,
I
appreciate
this
discussion,
but
I
I
want
to
channel
my
inner
robert
frost
and
say:
we've
got
miles
to
go
before
we
sleep
yet
tonight.
So
if
there
are
no
further
questions
council,
I
would
look
for
a
motion
to
accept
the
business
survey,
result
and
request
a
business
survey.
Final
report,
so
move.
C
A
I
You
know
I
just
a
quick
thought
is
similar
to
commissioner
peterson's
question.
I
believe,
how
do
you
believe
that
the
pandemic
has
impacted
the
results
of
other
things?
I
mean
we
saw
an
overwhelming
number
of
people
say
the
general
economic
conditions
were
the
most
concerning
absent
that
what
might
we
have
expected?
I
know
you
won't
have
specific
data
points,
but
I
would
expect
some
of
those
other
concerns
to
have
risen
up
more,
but
in
a
bad
economy
like
they're
overshadowed
by
a
pandemic.
I
H
I
would,
though,
advise
you
on
that
list
where
we
went
through
and
asked.
Is
this
a
very
serious,
somewhat
serious?
It
wasn't
in
comparison
to
the
others.
They
could
have
said
they
all
were
very
serious,
and
so
just
because
you
said
very
serious
on
general
economic
conditions.
If
the
economy
was
good,
I
would
not
assume
that
other
things
would
have
gone
up
because
it
wasn't
in
either
or
they
had
the
potential
to
say.
All
of
these
are
a
problem.
A
A
B
C
A
A
I
know
many
of
you
heard
this
have
heard
me
say
this
before,
but
I
spent
five
years
working
on
the
green
line
at
the
university
of
minnesota,
which
is
what
got
me
into
the
riverview
corridor
and
mark
bernerstein
when
he
asked
if
I
would
participate
in
this,
he
said
it'll
be
like
four
or
five
meetings
tops
and
I
served
on
I'm
still
serving.
That
was
nine
years
ago,
literally
nine
years.
J
A
C
K
E
L
L
All
right,
so,
thank
you
so
much
for
having
kevin,
and
I
I'm
jennifer
jordan,
with
ramsey
county
transportation
planner.
How
we'll
do
this
is
we'll
just
kind
of
give
you
kind
of
a
brief
overview
of
the
project,
bring
you
up
to
speed,
refresh
your
memories
on
it
and
talk
about
kind
of
the
work
that
we've
been
doing
this
past
year
and
the
phase
that
we're
in
and
then
I'll
turn
it
over
to
kevin
to
talk
about
specifically
community
engagement
and
communications
pieces
of
the
project.
C
J
C
C
L
L
L
It's
a
quieter,
smoother
ride
than
a
bus
typically
has
level
boarding
similar
to
what
we're
used
to
with
the
existing
light
rail
system
that
we
have
works
to
catalyze
development
along
the
corridors
that
it
goes
in
and
can
be
powered
now,
either
with
overhead
lines
or
off-wire
technology.
So,
while
we
see
the
existing
lrt
system
having
catenary
lines
above
it,
the
technology
is
advanced
such
that
you
know
we
could
have
segments
of
this
in
which
we
wouldn't
have
to
have
those
overhead
catenary
wires.
L
L
What
we're
hoping
to
do
during
this
three-year
period
is
to
refine
the
locally
preferred
alternative,
which
is
a
streetcar
figure
out
how
it
can
get
from
downtown
st
paul,
along
with
7th
over
the
river
through
fort
snelling
and
then
interline
at
the
existing
blue
line
and
then
come
into
the
mall
of
america.
So
we're
trying
to
get
to
the
details
of
really
how
it
can
work
we're
about
one
year
into
this
three-year
phase.
L
L
That
phase
is
expected
to
take
about
two
years.
If
we
are
successful
and
get
the
nod
from
fta
federal
transit
administration,
we
would
expect
to
be
in
engineering
after
that
for
two
years
and
then
finally,
moving
on
to
construction.
So
you
know
we're
looking
at
you
know
kind
of
a
10-year
period
here
of
of
really
developing
and
refining
this
project,
so
we're
really
kind
of
at
the
start
of
it
really
digging
into
the
technical
details
and
figuring
out.
You
know
how
this
can
actually
work
from
an
engineering
perspective.
L
So
you
know
the
refinement
of
the
loki
preferred
alternative.
I
you
know
I'm
not
gonna
go
into
detail
in
terms
of
what
we're
working
on
on
the
saint
paul
part,
but
we've
spent
a
lot
of
time
here
in
spring
and
summer,
particularly
figuring
out
alternatives
for
the
bloomington
south
loop
area.
You
know
how
will
this
work
with
the
existing
blue
line?
How
will
it
connect
in
with
the
mall?
Will
it
use
the
existing
tracks?
Are
there
other
alternatives
that
might
work
better?
L
L
So
you
know
within
that
little
image.
We've
done
quite
a
bit
of
work
to
figure
out
like
how
would
that
work
and
what's
optimal,
we've
met
with
a
lot
of
stakeholders
to
try
to
get
at
alternatives
that
will
make
this
work
with
the
existing
environment
out
there
and
the
existing
blue
line
in
an
optimal
way.
L
So
the
locally
preferred
alternative
does
show
this
coming
in
on
existing
blue
line
and
coming
into
the
existing
mall
of
america
transit
station.
So
that's
something
that
we
delved
in
early
to
figure
out:
okay,
how?
How
will
this
work
and
what
does
this
mean
in
terms
of
automobile
traffic
out
on
24th
and
killebrew?
L
And
so
we
really
delved
into
to
that
quickly.
With
this
issue
resolution
team
that
city
staff
has
been
participating
in
so
this
image,
I'm
not
going
to
go
into
the
details
of
it,
but
the
the
bold
shows
the
the
level
of
traffic
in
terms
of
2040,
and
so
you
know
it.
It's
not
a
surprise.
I'm
not
an
engineer,
but
you
know
level
of
service.
L
F
level
of
service
e
is
never
something
that's
good
when
you're
looking
at
automobile
traffic-
and
so
this
is
already
a
heavily
congested
area
as
it
is
right
now
with
automobile
traffic
and
the
existing
blue
line
coming
in.
So
you
know
that
was
something
that
we
we
worked
on
early
with
staff
and
with
the
next
graphic.
L
L
L
K
Here
we
go
on
this
slide.
We
have
kind
of
a
list
of
our
engagement
activities
from
the
last
six
months
or
so.
A
lot
of
our
outreach
has
focused
on
on
sharing
information
about
the
project,
about
getting
people
who
are
aware
that
we're
restarting
this
project
and
and
kind
of
reminding
them
of
the
work
that
we
did
in
2014
through
17
when
we
arrived
at
the
locally
preferred
alternative.
K
We've
done
quite
a
bit
of
work
in
tribal
consultation,
the
area
of
where
the
mississippi
river
and
minnesota
river
come
together,
the
badote
area
sacred
to
the
dakota
tribes
and
a
number
of
other
tribal
governments
and
and
other
tribes
that
are
not
formally
recognized
and
federally
recognized.
So
if
we've
taken
tribal
consultation
on
as
a
really
specific
task,
not
only
in
engagement
but
in
our
cultural
resources
work
as
well,
we
conducted
a
public
information
campaign
on
the
purpose
and
need
document.
K
The
purpose
and
need
is
essentially
our
foundational
document
as
to
why
we're
undertaking
the
study
and
what
we
hope
to
accomplish.
We've
reached
out
to
business
associations,
neighborhood
associations
or
district
councils
in
st
paul
and
a
number
of
other
stakeholder
outreach
events
too
and
I'll
describe
those
a
little
later.
We
had
our
first
open
house.
It
was
during
covid
restrictions,
so
it
was
a
virtual
open
house.
We
had
good
turnout
but
I'll
describe
that
as
well.
K
We
formed
a
community
advisory
committee
and
we
have
a
couple
of
members
from
the
bloomington
minneapolis
area
and
and
finally,
we've
launched
a
media
awareness
campaign
and
a
lot
of
different
ads
that
you
see
off
to
the
right
side
of
the
screen
there.
We
branded
riverview
a
little
bit
we're
calling
it
it's
your
street
car
and
we
have
other
little
kind
of
taglines.
K
Underneath
that
say,
tell
us
what
you
think
or
share
your
street
mart's
work
street
smarts,
so
we're
just
trying
to
get
folks
to
to
kind
of
be
attracted
to
this
kind
of
colorful
design
and
get
them
to
read.
Information
about
the
project,
get
them
to
sign
up
for
email
updates,
get
them
to
join
us
at
policy
advisory
committee
meetings
and
when
we
get
more
involved
into
public
engagement
in
person.
Hopefully,
later
this
fall
and
into
the
into
the
next
year
on
the
next
slide,
getting
into
more
details
about
tribal
engagement.
K
Early
in
the
year,
we
had
a
meeting
with
tribal
governments
to
talk
about
preliminary
river
crossing
areas,
river
crossing
ideas
in
the
badote
area.
Later
this
summer
we
had
a
couple
more
meetings
with
some
specific
ideas
and
plans,
after
taking
some
some
of
their
feedback
and
sharing
that
with
our
engineering
staff
and
our
engineering
staff,
trying
to
come
up
with
good
ideas
how
to
get
across
the
river
and
connect
to
the
blue
line
at
the
fort
snelling
station.
K
We're
also
reaching
out
to
other
organizations
like
the
native
american
community
development
institute
for
for
a
wider
reach
on
on
on
tribal
interests,
where
they
have
better
connections
to
people
who
are
not
necessarily
affiliated
with
a
tribal
government
but
they're
part
of
the
native
american
community.
So
we
would
like
to
hear
as
as
much
as
we
can
from
the
tribal
communities
about
this
project
and
about
what
we
propose
to
do
here
in
the
in
the
river
crossing
area.
The
four
dakota
crimes
tribes
are
also
on
the
bodote
fort
snelling
area.
K
Irt
the
issue
resolution
team
that
jennifer
describes
so
they're
we're
not
just
engaging
them
kind
of
from
the
outside
as
an
outside
group,
they're
part
of
the
almost
part
of
the
project
team.
In
that
respect,
then,
on
the
next
slide,
we
can
get
into
a
little
more
information
about
purpose
and
need.
We
held
a
public
information
campaign
about
purpose
and
need
before
that.
We
shared
it
again
with
tribal
governments
about
a
45-day
review
and
comment
period.
We
wanted
to
get
their
feedback
first
before
we
brought
it
to
the
public.
K
We
prepared
a
summary
document
and
shared
that
online.
We
also
had
the
full
document
available
as
well.
The
the
full
document
is
chock
full
of
statistics
and
data
and
and
things
that
are
kind
of
dense
and
a
little
hard
to
read
and
comprehend
it
understands.
So.
We
prepared
a
summary
document
that
that
was
more.
I
guess
more
digestible
to
the
public
that
they
could
could
read
through
and
comment
on.
Comment
period
was
open
for
about
five
weeks
from
middle
of
may
to
the
end
of
june.
K
On
the
next
slide,
we
can
talk
a
little
bit
more
about
engagement
activities
we
conducted
during
the
year.
We've
engaged
the
district
councils,
the
capital
river
council,
by
7th
fort
road
federation.
We
engaged
the
highland
district
council
way
back
in
january,
just
at
the
beginning
of
this
time
frame,
so
we've
and
we've
reached
out
to
them.
We've
engaged
the
fort
snelling
area
joint
powers
group,
so
we've
we've
tried
to
connect
with
as
many
people
as
possible.
K
National
night
out
was
our
first
in-person
event.
We
held
that
at
union
depot
in
downtown.
It
was
our
first
in-person
event.
We've
had
a
lot
of
virtual
events
and
a
lot
of
virtual
presentations.
Much
like
this
one
up
until
then,
but
that
was
an
opportunity
to
to
meet
with
people
and
and
talk
to
them
about,
what's
being
planned
and-
and
we
did
that
with
an
eye
on
public
safety
and
trying
to
be
socially
distanced
and
other
things
as
well.
K
On
the
next
slide.
We've
got
some
information
specific
about
our
virtual
open
house.
We
held
on
june
23rd
120
people
registered
more
than
half
actually
attended.
I
think
it
turned
out
to
be
a
really
nice
day
and
a
lot
of
people
changed
their
minds
about
attending,
but
we
had
really
good
turnout
and
nonetheless,
I
think
70
is
kind
of
the
high
end
of
what
we
would
expect
for
an
in-person
event.
Anyway,
again,
we
had
presentations
on
the
purpose
and
need
and
some
other
project
updates.
K
We
had
a
live
poll
of
attendees
and
follow-up
surveys,
so
it
wasn't
just
project
staff
talking
for
30,
40
minutes
about
the
project
and
then
asking
them
for
questions.
We
interrupted
our
own
presentation
to
ask
them
for
questions
and
there's
an
example
of
one
of
the
polling
questions
there
off
to
the
side.
Just
asking
people
who
came
to
the
virtual
open
house.
What's
the
best
way
to
connect
with
you
in
the
project
area,
how
can
we
keep
them
informed?
K
How
can
we
collect
their
feedback
and
how
do
they
feel
heard
as
we're
working
through
this
project?
So
they
give
us
some
good
feedback
that
we
can
use
already
around
30
questions
were
answered
live,
so
we
had
a
good
good
question
and
answer
session
at
the
end
and
being
virtual
online,
we
were
able
to
record
it
and
we've
provided
that
recording
and
the
slide
deck
on
our
website
for
people
to
to
view
later.
K
Then,
on
the
next
slide
about
our
community
advisory
committee,
we
formed
our
community
advisory
committee.
Earlier
this
year
we
solicited
participation
all
up
and
down
the
corridor.
I
want
to
thank
shane
and
other
and
julie
and
other
staff
there
at
bloomington
for
helping
us
recruit
members
in
the
bloomington
minneapolis
area.
People
who
work
at
the
mall
of
america
work
at
the
at
the
airport,
so
we
could
get
some
representation
on
that
side
of
the
river,
as
well
as
as
the
work
we're
doing
in
st
paul.
K
We
want
to
acquire
or
or
acquires,
the
right
word,
but
we
want
to
achieve
diverse
representation
of
community
stakeholders,
so
we're
looking
for
a
range
of
ages,
we're
looking
for
people
who
own
their
own
home
people
who
rent
we're.
Looking
for
people
who
own
businesses
in
the
corridor,
we're
looking
for
people
who
who
commute
to
work
in
the
corner,
we're
looking
for
people
who've
lived
there
a
long
time
and
people
have
just
moved
there.
We
were
looking
for
people
who've,
who
are
financially
well
established
and
others
who
are
just
kind
of
starting
out.
K
So
we
wanted
a
broad
spectrum
of
people.
We
wanted
racial
and
ethnic
diversity
as
well
broad
spectrum
of
people,
so
we
weren't
hearing
just
from
one
one
or
two
vocal
groups.
We
wanted
to
get
the
perspective
of
everyone,
and
I
think
we've
done
that.
We
have
a
good
group
of
people
on
our
community
advisory
committee.
We
held
our
first
meeting
in
may.
Our
goal
was
to
meet
quarterly.
K
We
were
working
on
the
bodote
area
and
connection
of
the
mall
of
america.
Kind
of
slowed
us
down
a
little
bit
we're
having
our
next
meeting
planned,
not
for
late
september
but
for
for
early
october.
So
that's
when
we'll
have
our
next
cac
meeting
and
the
community
advisory
committee
will
will
will
advise.
I
guess,
they'll
provide
their
community
perspective
on
the
project
on
trade-offs
with
different
kind
of
design,
alternatives,
the
pros
and
cons
of
those
different
different
alternatives.
K
It
won't
be
filtered
through
staff,
it
won't
be
summarized
by
staff,
it'll
be
a
direct
connection
with
the
community
above
and
beyond
what
we
normally
do
with
pop-up
meetings
and
and
social
media
and
other
things
like
that,
and
then
on
the
next
page
we
have
just
a
list
of
upcoming
engagement
activities.
We'll
continue
our
stakeholder
engagement.
I
mentioned
we'll
get
back
in
touch
with
the
district
councils
and
other
groups
as
well,
we'll
activate
our
artist
engagement.
K
If
you
have
questions
and
comments
as
you're
driving
around
and
you
get
it
stuck
in
traffic-
and
you
wish
you
were
on
a
on
a
nice
fast
moving
streetcar
you,
you
can
call
us
and
tell
us
that
we
plan
on
having
a
second
open
house
around
the
alternatives
that
are
being
refined
at
the
mall
of
america,
bloomington
area
and
bedote
fort
snelling.
So
we're
we're
getting
close
to
finishing
that
work
and
sharing
that
through.
K
As
I
mentioned,
our
technical
committee
and
our
policy
committee
kind
of
moving
that
up
the
ladder
vetting,
the
work
that's
been
done
at
the
issue,
resolution
teams
and
our
engineering
group
and
and
great
to
share
that
with
the
public,
and
I
know
during
the
first
phase
of
work.
Personally
I
did.
I
did
some
engagement
at
the
mall
in
the
transit
center
where
people
come
and
go.
K
I
was
able
to
coax
a
few
people
into
talking
to
me
about
riverview
at
that
point,
did
the
same
at
the
I
think
it
was
at
the
people
mover
at
the
airport,
so
those
are
two
locations
we'll
definitely
visit
again
to
share
information
about
this
project,
and
if
there
are
other
other
ideas,
I
can
connect
with
shane
he's
on
our
project
management
team.
I
believe
and
other
groups,
other
committees
that
we
can.
K
A
Kevin,
I
I
know-
and
I
may
have
missed
a
meeting,
but
I
know
that
there
was
engagement
going
on,
or
at
least
the
discussion
back
and
forth
with
the
folks
within
the
the
river,
the
the
national
scenic
river
flyway,
something
along
those
lines.
Basically,
the
folks
were
protecting
the
scenery
in
the
in
the
river
valley,
and
I'm
assuming
that
is
continuing.
I
didn't
see
it
on
your
list
and
I
just
wanted
to
question
and
follow
up
and
see
if
that
was
still
going
on.
K
K
A
L
Yeah,
that's
well
said:
kevin
yeah.
The
issue
resolution
team
for
bedote
fort
snelling
is,
is
our
largest.
It
has
almost
40
different
individuals
that
attend
that.
So
it's
a
very
large
group,
very
diverse
group
that
includes
you,
know
our
stakeholders
from
our
state
agencies,
our
tribal
partners
as
well
as
other
other
city
partners.
L
A
A
G
Okay,
mr
mayor
council,
members,
mr
president
and
port
authority
members,
so
tonight
I
just
want
to
give
a
quick
update
again
following
up
on
an
update.
We
did
about
a
month
ago
to
the
city
council,
on
the
status
of
expo
27
and
with
us
tonight.
We've
got
david
lair
from
the
minnesota
expo
bid.
Committee,
he'll
say
a
few
words,
but
really
the
goal
is
tonight
for
the
city.
G
Slash
port
presentation
is
just
to
give
a
little
primer
on
what
expos
are
and
talk
a
little
bit
about
what
a
post
expo
site
could
be
used
for,
and
that's
really
the
goal
of
the
city
and
port
authority.
If
the
city
importer
to
get
involved
in
the
expo
here
again
like
we
did
back
in
2017
for
expo
2023
and
so
again,
we're
minnesota
is
looking
at
hosting
an
expo
in
2027,
and
the
theme
of
the
project
is
healthy.
People,
healthy,
planet,
wellness
and
well-being
for
all
expos
come
in
two
main
variants.
G
They
come
in
the
big
version
that
happens
in
the
years
divisible
by
five
and
they
come
in
smaller
versions
in
the
years
between
those
zero
and
five
years
and
small
is
still
quite
large.
Just
it
just
means
that
it
can't
be
any
bigger
than
62
acres
and
can't
be
any
longer
in
time
than
three
months,
and
so
the
bie.
The
bureau
of
international
exhibitions,
is
the
organization
that
regulates
expos
and
there
are
technically
four
different
types
of
expos,
but
the
two
biggest
ones
are.
The
ones
that
I
talked
about
just
a
moment
ago.
G
G
The
u.s
pavilion
was
very
well
attended,
it
had
a
lot
of
public
art
and
it
had
a
daily
parade
featuring
each
country
and
typically
the
president
of
each
prime
minister,
leader,
whatever
of
each
of
the
countries,
would
come
to
the
event
or
another
high
ranking
official
in
2027,
kazakhstan
held
an
expo
focused
on
energy
and
they're,
located
in
the
middle
of
asia,
there
62
acre
site
and
the
leave
behind
there.
The
post
expo
use,
which
is
again.
G
You
know
the
expo
event
is
important
to
the
state
of
minnesota,
but
if
bloomington
is
to
become
involved
in
the
project
and
the
way
we
did
back
in
2017,
the
thing
that
we're
saying
thing
that
we're
supremely
focused
on
is
what
is
this?
What's
left
behind
the
expo,
you
know:
does
it
leave
something
that
benefits
bloomington
long
term
and
in
the
case
of
kazakhstan,
and
a
lot
of
the
other
world's
fairs
as
I'll
go
through?
G
There
is
an
important
leave
behind
in
kazakhstan,
there's
basically
a
science
museum,
that's
in
the
middle
and
then
all
of
the
other
permanent
development
that
surrounds
the
big
globe
in
the
middle.
It's
an
eight-story
globe
that
they
built
and,
coincidentally,
they
do
have
a
mall
that's
connected
to
the
site,
but
those
buildings
that
ring
around
the
circular
globe
are
intended
to
be
basically
office
and
how
they
constructed.
These
is
is
interesting
and
it's
to
be
learned
from
again.
The
success
of
the
specific
expo
site
in
kazakhstan.
G
You
know
in
the
middle
of
asia
is
a
lot
different
than
it
could
be
in
bloomington
and
minnesota
in
the
united
states,
but
a
lot
can
be
learned
from
you
know
the
way
that
they
put
the
buildings
together
and
built
the
architecture.
This
is
a
picture
of
one
of
the
back
sides
of
one
of
those
buildings,
and
you
can
see
on
the
left
side.
G
There's
four
stories
and
on
the
right
side,
there's
three
stories,
so
they
kind
of
built
them
flexibly
and
they
held
the
pavilions
the
public
space
during
the
expo
in
the
first
either
two
or
three
floors
there,
so
that
they
had
high
bay
space
for
the
exhibits
for
the
countries
and
then
post
expo
they
go
in
and
put
the
floor
in
and
make
it
available
for
the
post
expo
use,
which
is
something
I
think
that
we
would
want
to
look
very
closely
at
in
dubai.
The
expo
is
supposed
to
be
held
in
2020.
G
G
Obviously,
the
climate
there
is
a
lot
different
than
it
is
in
minnesota,
but
you
know
again:
this
is
permanent
development.
It's
a
big
expo
different
than
milan,
which
is
mostly
temporary
buildings,
they're
looking
at
taking
the
site-
and
you
know
doing
something
with
it
long
term
it'll
be
really
interesting
to
see
how
how
that
is
used
after
their
six-month
expo
in
2021.
Here
the
benefits
to
bloomington
permanent
development.
Again,
you
know,
as
we
said
back
in
2017.
G
G
So
what
could
be
left
behind
is
permanent
branding
and
authenticity
for
bloomington
and
for
south
loop.
Certainly,
the
fair
itself
would
generate
substantial
general
fund
revenues
from
lodging
emissions,
food
and
beverage
tax,
etc,
and
there
could
be
financial
support
from
for
legacy
developments,
I.e,
money
from
the
state
or
the
federal
government
to
subsidize
the
permanent
development
of
the
project
and
infrastructure,
and
so
those
those
things
are
are
more
quantifiable,
as
we
dig
into
the
project
and
really
the
timeline
for
the
project.
G
C
C
K
C
B
Well,
it's
more
of
a
comment
I
mean
I
I
think
something
like
this
could
really
be
exciting
and
bring
a
lot
of
things.
And-
and
I
look
at
the
the
possibility
for
for
some-
we-
we
would
have
to
have
some
major
sponsor,
but
I
can
think
of
a
lot
of
things
where
this
could
make
a
lot
of
sense
for
somebody
to
get
behind
and
really
get
going.
So
hopefully
we
can.
A
A
A
I
hear
no
one
coming
forward,
nothing
else.
I
think
I
think
we've
set
our
piece.
I
think
we
have
david
thanks
much
yeah,
thank
you
for
being
here
and
I'm
sure
we'll
see
you
again
soon
and
probably
frequently.
Yes,
as
we
continue
down
this
path
and
and
continue
considering
if
this
is
the
path
we
want
to
go
on
so,
but
thank
you
thanks
for
being
here.
A
G
Thank
you,
mr
mayor
and
mr
president,
council
and
port
authority
members
just
one
second,
while
I
share
a
presentation
here,
all
right,
okay,
so
it's
been
a
little
time
since
we've
talked
about
the
water
park,
I'll
go
through
a
little
bit
of
water
park.
History
talk
about
what
the
council
and
port
have
done
in
the
past,
related
to
the
walk
water
park.
G
At
the
end
of
all
that,
I
will
try
to
move
through
this
quickly,
because
I
know
you
have
another
meeting
after
this
and
we're
already
gonna
push
up
against
that,
so
I'll
go
as
quickly
as
as
as
people
will
allow
me
to.
But
of
course
we
wanna
be
thoughtful
about
all
this,
so
slow
me
down
if
I'm
going
too
fast.
G
So
really
again,
the
south
loop
district
plan
goals.
What
this
one
focuses
on
is
accelerating
the
development
in
the
district.
The
water
park
would
be
situated
north
of
the
mall
of
america
next
to
ikea
on
the
lot.
That
is,
you
know
currently
well,
the
old
met
center
site
the
water
park
would
be
phase.
We
call
it
phase
2b
of
the
the
mall
project,
with
radisson
blue
on
the
south
side.
G
We
call
this
phase
1c
on
the
north
side,
which
is
the
jw
marriott
hotel,
the
office
building
and
the
additional
retail,
and
then
ikea
is
technically
a
contract
phase
of
mall
of
america.
Although
it's
not
currently
connected
to
the
project
itself,
a
hotel
and
additional
parking
would
likely
get
built
along
with
the
water
park.
G
Later
phases
of
the
project
would
get
filled
in
and
what
those
look
like,
especially
now,
post
coved
or
mid
or
post
covered
wherever
we
are.
You
know
that
development
is
certainly
blurry
at
this
time
and
changes
a
lot
until
those
pieces
actually
get
financed
and
happen
again.
You've
seen
these
before
a
year
and
a
half
ago,
roughly
of
what
the
water
park
would
look
like.
G
Looking
from
the
mall
of
america
out
across
the
water
park
and
then
a
similar
view
from
the
other
side
of
the
water
park,
looking
south
across
the
the
wave
pool,
the
water
park
would
be
the
largest
indoor
pool
hall,
there's
a
lot
of
different
ways.
You
can
measure
these
water
parks,
but
it
would
be
the
largest
indoor
pool
hall
in
north
america
and
it
would
also
have
the
longest
indoor
beach.
G
G
The
item
10
there
is
is,
is
kind
of
the
only
I
don't
call
it
normal
council
meeting.
That's
where
the
zoning
approvals
and
whatnot
went
through
on
december
16
of
2019
a
couple
of
months
before
covet
hit,
but
you
can
see
that
the
council
and
port
authority
have
supported
the
project
all
the
way
through
working
on
the
non-profit
model
and
investing
in
design
and
development
through
2019,
and
we
were
in
the
final
stages
of
tidying
up
negotiations
in
the
spring
of
2020.
G
G
Return
in
earnest
and
in
the
summer
of
2021,
especially
before
the
delta
variant,
you
know,
became
more
prevalent.
Traffic
and
sales
are
really
returning
and
they
still
are.
I
mean
back
to
school.
Traffic
is
a
real
high
point
for
them,
for
both
the
mall
and
for
the
lodging
industry
in
bloomington
and
and
we're
somewhere.
You
know
combining
traffic
and
sales
together,
just
kind
of
aggregating.
It
we're
somewhere
around
80
to
85
percent
back
to
pre-pandemic
levels
on
both
of
those
fronts.
G
We
don't
see
the
actual
sales
tax
numbers
for
a
year
and
a
half
from
the
minnesota
department
of
revenue,
so
we
won't
know
the
actual
taxable
sales
that
one
data
won't
become
public
to
us
until
you
know
a
year
and
a
half
after
the
year
closes,
which
is
a
little
bit
of
a
bummer,
but
just
as
what
it
is
on
the
hotel
side,
leisure
travel
has
certainly
returned
and
business
travel
hasn't
the
way
we
we
see.
That
is
just
what
days
of
the
week
hotels
are
getting
booked
free
pandemic.
G
You
could
barely
get
a
hotel
on
a
wednesday
night,
especially
during
the
summer
in
bloomington.
Literally,
there
was
almost
no
occupancy
and
that's
the
combination
of
leisure
and
business
in
the
summer,
and
then
you
know
what
we're
seeing
now
is
very
busy.
You
know
weekend
travel
and
those
tuesday
wednesday
thursdays
aren't
as
busy
as
they
were
during
the
time
before
the
pandemic,
and
so
you
know
what
the
new
normal
looks
like
I
mean
it's
just
simply
unpredictable.
G
G
G
It's
the
legislation
is
written
in
a
way
that
it's
too
strong
to
say
the
cities
and
port
authorities
can
do
whatever
they
want,
but
it's
it's
a
very
flexible
tool,
and
so
it
could
be
used
to
assist
the
water
park
development
in
any,
or
should
I
say
in
many
of
the
financing
models
that
we've
looked
at
and
the
purpose
of
that
tool
is
to
spur
development,
especially
for
industries
that
have
been
hit
by
coven.
This
obviously
falls
into
that
category.
G
G
So
there's
a
number
of
different
ways
that
the
port
and
council
could
decide
to
move
forward
with
the
water
park
now
or
not,
and
there's
a
lot
of
different
permutations
within
these
options,
but
baking
it
down
into
kind
of
three
main
options
that
we
can
talk
about
tonight.
Again,
there's
a
lot
of
flexibility
within
these
options.
If
people
have
strong
opinions
about
that,
so
we're
not
here
to
say
it's
option,
one
two
or
three
from
staff.
G
We're
saying
you
know,
there's
a
lot
of
wiggle
room
within
these,
but
they
can
be
baked
into
or
boiled
down
into
three
main
categories,
and
the
first
option
is
I'm
sticking
with
the
non-profit
model
that
we've,
you
know,
talked
about
at
nine
of
those
ten
meetings
or
actually
only
eight.
But
fundamentally,
I
think
these
the
people
at
this
board
generally
know
I
did
include
the
outline
of
the
non-profit
model
so
that
people
could
review
it
if
they
wanted
to
I'm
happy
to
go
into
any
detail
about
that.
G
If
we,
if
we
have
questions
tonight
so
that
nonprofit
model
is
one
option,
you
could
modify
that
model,
any
modifications
would
have
to
be
talked
about
with
all
the
all
the
parties,
the
non-profit
itself,
triple
five,
the
underwriters
etc.
You
know
any
any
tweaks
to
the
term
sheet,
of
course,
would
have
to
be.
G
G
G
So
again,
six
to
nine
months
from
today
you
could
see
a
project
closing
the
non-profit
and
the
underwriter
provident
and
barclays
are
still
engaged
talk
to
them
regularly
and
they
are
willing
to
move
forward
with
the
model.
Of
course,
we
still
have
to
do
the
work,
but
they're
willing
to
do
it.
One
of
the
things
that
you
know
comes
up
a
lot
in
my
mind,
especially
during
the
pandemic
and
especially
when
it
hit
when
we
were
relatively
close
to
closing
the
deal,
is
you
know?
G
How
would
the
nonprofit
model
and
and
the
whole
project
held
up
if
the
pandemic
would
have
hit
after
we
closed,
or
even
you
know
a
year
or
two
after
the
project
would
have
opened?
You
know
you
know
how
bad
would
it
have
been,
and
so
I've
asked
you
know
the
team
members
that
you
know
the
bankers,
the
underwriters,
barclays
and
whatnot.
G
I
was
extremely
curious
right
and
this
this
quick
box,
that's
on
our
website
that
we
presented
to
these
bodies
a
number
of
times
still
holds
true
and
really
you
know,
the
council
and
port
authority
would
have
no
obligation
to
assist
the
project
if
the
pandemic
would
have
hit.
While
we
were
under
construction
or
effort
after
it
would
have
opened.
G
There
may
have
been
an
ask.
I
mean
we
can't
say
that
the
nonprofit
or
the
bond
represent
the
bondholder
representative,
wouldn't
have
came
in
to
a
meeting
like
this
and
said
gee
we'd,
like
some
help.
That
doesn't
mean
that
the
council
and
port
authority
would
be
advised
to
do
so.
In
fact,
we
specifically,
and
the
legal
team
had
specifically
advised
in
probably
a
couple
of
those
eight
meetings
where
we
were
talking
about
the
non-profit
model,
that
it
would
be
unadvisable
to
do.
Just
that.
G
I
know
john
utley.
We
had
many
conversations
about
that,
as
we
were
designing
this.
This
model
that,
as
long
as
the
council
and
port
authority,
drew
a
line
and
did
not
assist
the
project,
should
there
be
financial
trouble,
you're
good.
The
reason
that
bondholders
get
returns
on
on
buying
those
bonds
is
because
they're
fully
informed
of
the
risk
and
they
go
into
the
project,
with
the
assumption
that
the
council
and
port
aren't
going
to
provide
additional
funding
and
what
is
dedicated
to
the
project
would
were
the
special
use
taxes
at
the
mall.
G
Of
course,
we
all
know
them
all
closed
and
that
revenue
wouldn't
have
existed
for
a
while
and
there
would
have
been
some
nervous
bond
holders.
So
be
it,
that's
that's.
That's
the
risk
you
take
when
you
when
you
buy
bonds,
but
the
point
I'm
trying
to
make
to
the
to
the
boards
tonight
is:
the
model
would
have
been
fined
even
in
the
pandemic,
as
long
as
the
board
stayed
with
what
they
originally
were
advised
to
do
by
the
legal
team,
and
that
is
the
nonprofit
model.
G
The
section
second
option
now
is,
we
think,
available
to
us
and
it's
a
private
financing
model,
so
this
is
totally
different
than
the
non-profit
model,
it's
very
similar
to
how
other
projects
at
the
mall
and
other
projects
in
south
loop
and
across
the
city
and
frankly,
the
state
have
been
financed.
So
it's
straight
up
private
financing
with
tiff,
and
so
the
agreement
structure
is
way
more
typical.
G
G
The
only
kicker
is,
is
that
the
because
the
the
project
debt
is
more
expensive,
meaning
you
know,
the
borrowing
rate
for
a
private
developer
is
a
lot
higher
than
if
we
went
with
the
non-profit
model.
There's
the
cost
of
money
is
more.
Therefore,
there
needs
to
be
a
gap
filled
and
that's
estimated
to
be
early
in
the
process
here
to
be
about
30
million
dollars.
G
A
G
G
C
G
It's
kept
up
well
and
as
long
as
capital,
improvements
on
the
interior
of
this
water
park
were
funded
correctly,
which
was
baked
in
and
arguably
over,
funded
in
our
pro
forma
you'd
end
up
with
a
nice
water
park
at
30
years,
and
so
there
is
that
benefit
that
you
would
be
foregoing
with
the
private
financing
model
and
so
again,
how
that
tiff
would
sit
in
the
equity
stack
is
still
tbd.
It
could
go
in
there
kind
of
as
a
normal
infrastructure
investment
regulated
by
a
recapture
agreement
or
it
could
be.
G
Mr
president
and
port
authority
members,
no,
the
the
feasibility
studies
and
all
of
that
would
be
private.
We
have
our
feasibility
studies
whether
or
not
we
would
want
to
do
our
own
feasibility
study
to
to
to
check
that
would
be
up
to
us,
but
it
doesn't
require
anything
because
we're
not
underwriting
any
of
the
debt,
we're
not
borrowing.
G
Mr
president,
commissioners,
yes,
it's
actually
more
fenced
than
that
due
to
the
2016
redevelopment
contract
that
we
have
with
with
t5,
and
so
not
only
does
it
have
to
be
used
in
south
loop,
but
it's
money,
that's
generated
from
the
project.
You
know
via
2000
and
well.
A
large
part
of
it
is
via
2013
legislation,
which
is,
you
know,
acutely
focused
on
development
on
the
met
center
and
met
stadium
sites.
So
it's
it's
money.
That's
dedicated
for
this
purpose.
G
And
so
so
again,
the
last
bullet.
There
I
mean
if
the
council
and
port
authority
tonight
decide
to
move
forward
with
option
two:
it's
not
a
it's,
not
a
green
light.
This
is
a
done
deal.
It's
really
a
it's
really
an
indication
for
us
to
work
with
t5
to
see
if
the
private
financing
model
with
additional
tip
equity
is
an
option
for
moving
forward,
and
that's
that's
a
that's
a
big
question
mark.
G
A
Shane,
can
you
just
double
back
one
more
one
slide
just
just
a
little
bit,
then
your
final
bullet
point
there
I
mean
if
you
could
explain
that
a
little
bit
more,
I
mean
so
action
from
the
court.
The
council
on
the
port
will
be
needed
to
truly
test
lending
market.
For
this
option,
can
you
can
you
explain
that
a
little
bit
more.
G
Does
the
council
still
now
want
to
do
the
waterpark
project
and
if
they
do
do
they
want
to
do
the
the
nonprofit
model
and
get
those
benefits
and
take
those
risks,
or
do
they
want
to
look
at
doing
something
different
now
which
is
available
to
us
based
on
the
2021
legislation?
So
it's
a
fair
amount
of
time
money
and
effort
to
go
out
to
the
financing
markets
and
test
the
waters,
and
you
know
triple
five
fairly
wants
to
know.
If,
if
it's
worth
it.
A
G
And
so
again
benefits
to
the
city
and
port
authority,
but
mostly
to
the
city
for
either
of
these
models
is
you
know
this
project
certainly
would
be
a
regional
amenity
to
the
to
the
city
and
the
minneapolis-st
paul
region
and
bonnie
carlson
from
the
cbb
will
talk
a
little
bit
about
that
here.
In
a
few
minutes
it
does
help
add
resiliency
to
south
loop
in
the
and
the
mall,
by
bringing
a
new
amenity
to
the
district,
as
we
all
know,
and
have
become
more
acutely
aware
during
the
pandemic.
G
The
mall
is
about
10
of
the
city's
tax
base
and
hotels
are
about
another
six
and
a
half
percent
of
the
city's
tax
base,
and
while
the
pandemic
really
showed
a
light
on,
you
know
how
important
those
industries
are
to
the
to
the
city's
finances
and
general
fund.
I
mean
again,
you
know
those
existing
lodging,
taxes
that
come
to
the
city's
general
fund
and
admission
taxes
are
substantial
and
keeping
that
industry
healthy
is,
is
just
simply
in
the
best
interest
of
the
city's
general
fund
and
the
property
taxpayers
in
bloomington.
G
And
so
you
know,
the
2021
general
fund
levy
of
57.2
million
dollars
would
be
9
million
higher
keeping
city
services
constant
without
those
existing
lodging
and
admission
taxes,
to
the
extent
that
a
water
park
gets
built
very
conservatively,
it's
another
million
in
admissions
and
lodging
taxes.
In
fact,
it
could
be
double
that,
based
on
some
estimates
that
I've
seen,
but
I'm
certainly
very
conservative,
come
very
conservatively
it's
easily
a
million
and
the
council
could
if
they
wanted
to
designate
those
funds
for
specific
purposes
anywhere
in
the
city.
G
You
could
dedicate
that
extra
million
or
two
to
economic
development
across
the
city
for
commercial
nodes.
You
could
dedicate
it
to
the
affordable
housing,
trust
fund
or
any
other
use.
Frankly,
city
general
fund
money
is
extremely
flexible
and
that
comes
to
you
as
general
fund
money,
and
so
there
there's
a
way
that
you
could
specifically
tie
the
benefits
of
the
water
park
to
benefits
citywide.
G
You
don't
get
that
with
option
two.
You
only
get
that
with
a
non-profit
model
and
those
those
monies
are
substantial.
They
shouldn't
be
discounted.
That's
you
know
20
to
30
million
dollars
in
today's
money,
a
lot
more
in
2030,
but
just
keeping
dollars
constant
for
a
minute
I
mean
20,
30
million
dollars
annually
is
nothing
to
sneeze
at,
and
that
is
also
flexible
money
for
the
for
the
city
to
do
with
what
it
wants
and
then
again
in
either
of
the
deals
a
discount
to
city
residents
could
be
baked
into
the
deal
again.
G
G
If
you
remember,
we
did
have
a
number
of
conversations
with
fitch
about
how
the
nonprofit
model
could
affect
the
city's
larger
credit
rating.
It's
very
complicated
has
to
do
with
math
and
how
many
people
in
bloomington
would
pay
those
sales
and
use
taxes
and
assumptions
on
that
and
frankly,
it
has
a
lot
to
do
with.
You
know
how
the
how
the
how
the
the
pitch
rating
model
is
set
up
and
it's
frankly
different
than
the
other
two
larger
rating
agencies.
G
G
You
know
there
could
be
a
recovery
in
the
private
debt
model
of
the
30
million
dollars
in
tiff
equity
through
recapture.
If
it's
structured
such
that
we
do
it
that
way,
and
the
project
does
well
that
money
could
come
back.
It
would
have
to
come
back
as
tiff
once
tiff
always
stiff,
there's
always
risks
of
not
doing
the
project
as
well.
You
know
you
have
these
tools
and
you
have
this
funding
for
the
purpose
of
development.
G
The
third
option
is
to
keep
the
project
on
hold
or
decide
not
to
do
it,
that's
always
an
option.
Certainly
you
know
the
uncertainty
related
to
both
from
an
infection
infection
level.
You
know
and
the
economy
I
mean
nobody
knows
what
the
future
of
of
covet
is
I'm
starting
to
read
about
the
mew
variant.
I'm
sure
people
are
reading
that
too.
We'll
keep
an
eye
on
that
triple
five
uncertainty.
You
know
the
changes
in
retail
and
travel.
You
know
we
did
talk
about
that.
G
Obviously
2020
was
a
rough
year
for
being
a
mall
owner.
They
you
know,
had
you
know,
issues
with
their
mortgage
and
property
taxes.
Those
are
all
in
good
stead
as
we
sit
here
today
and
what
will
the
new
normal
be
and
when
it'll
happen,
or
has
it
already
happened?
Is
this
is
this
what
new
normal
looks
like
you
know,
I'm
not
not
sure
how
to
answer
that
question.
I
don't
know
that
anybody
really
can.
But
again,
you
know
myriad
options
and
permutations
of
the
the
stated
options
could
be
considered
by
the
boards.
G
But
again
we
tried
to
break
them
down
into
three
general
categories
so
that
the
boards
can
ask
questions
related
to
those
and
then
hopefully
give
us
some
direction
tonight
and
just
before.
I
I
hand
it
over
to
bonnie
for
a
second,
I
mean
again,
as
you
think
about
this:
we're
just
asking
the
council
to
in
the
port
authority
to
point
us
in
one
of
these
general
directions,
but
before
we
do
that,
I'd
stand
for
questions
and
then
I'll
hand
it
over
to
bonnie
for
a
little
bit.
B
We've
already
got
invested,
and
you
know
one
of
the
benefits
that
we
have
is
is
we
are
dealing
with
a
situation
where
there's
been
substantial
comeback.
You
know
I
in
looking
at
a
lot
of
things.
We
know
business
travel
is
still
down,
but
that
from
a
sense
of
of
our
economy
in
bloomington
to
the
extent
that
that
you
can
get
the
leisure
travel
and
accelerate
that
more
than
that's,
that's
that's
something
that
obviously
takes
and
fills
hotel
rooms
and
do
those
things.
B
So
I
I
I
I
think
you
can
look
at
this
is
is
really
something
saying.
Is
it
worthwhile
exploring
at
this
point
in
time
to
continue
to
investigate
what
can
be
done,
and
then
this
information
is
going
to
have
to
come
back
at
a
later
date
and
we're
and
we're
going
to
have
to
see.
But
we
are
in
a
fortunate
situation
where
the
more
time
passes
the
more
we
we
ability.
B
C
C
Does
that
preclude
us
changing
our
minds
at
some
point
like
if
we
say
hi,
if
we
say
you
know,
we'd
prefer
to
go
forward
with
the
the
more
sort
of
traditional
private
financing
I
mean.
Are
we
are
we
sort
of
not
that
that's
approving
the
project?
Obviously,
but
are
we
stuck
down
that
road,
or
could
we
at
some
point
assuming
all
the
parties
continue
to
be
interested?
Could
we
at
some
point
go
back
and
say
actually
we'd
prefer
to
go
the
non-profit
route.
G
Mr
mayor
and
councilmember
coulter,
it's
it's
true.
Certainly
that
you're
not
approving
the
project,
and
you
know
you're
gonna,
have
you
know
a
couple
more
bites
at
the
apple,
no
matter
what
option
you
go,
assuming
that
you
go
with
option
one
or
two.
If
you
go
with
option
three,
obviously
that's
different,
but
if
you
go
with
option
one
or
two,
it
doesn't
preclude
changing
your
mind
at
some
point.
G
You
know
one
thing
that
we
always
consider
is
you
know
the
time
and
effort
spent
by
all
the
project
partners
right,
and
it
goes
without
saying
that
you
know
provident
and
barclays
and
the
team
that
we
worked
with
on
the
non-profit
side
for
option.
One
has
spent
a
lot
of
you
know,
time
and
money.
You
know
getting
to
the
point
that
we're
where
we
are
at
today
and
they're,
very,
very
interested
in
you
know
seeing
the
project
through
under
option
one.
G
G
You
know
the
right
amount
of
time,
looking
at
the
right
direction
for
the
effort,
and
so
I
mean
while
again
I'll
just
say
you
know
if
you,
if
you
decide
that
that
option
two
is
something
that
we
want
to
explore.
It
doesn't
preclude
option.
One.
I've
had
conversations
with
barclays
provident,
specifically
telling
them
that
you
know
the
council
and
port
might
decide
that
we
want
to
go
with
the
private
model
and
if
we
explore
that
we
may
be
back
at
the
non-profit
model.
G
If
it's
not
feasible
now
they'll
have
to
consider
if
they
want
to
spend
time
with
with
us
again
or
maybe
the
terms
change
you
know
from
their
perspective
because
again,
they've
spent,
you
know
a
fair
amount
of
time
and
money
on
the
project
that
that
shouldn't
go.
You
know,
that's
that's
gonna,
be
you
know
gone
if
if
we
go
with
option
two,
and
so
I
don't
know,
if
that's
a
direct
answer
to
your
question
as
such,
but
it's
more
it's
more
that
we,
you
know
just
try
to
be
fair
to
the
parties.
G
If
we're
gonna
make
a
change,
you
know
we
should
head
in
that
direction
and
see
what
happens.
But
again,
it's
possible
that
we
won't
come
to
terms
that
the
private
markets
won't
like
it
and
we
could
be
back
talking
about
whether
or
not
the
council
and
port
want
to
move
forward
with
the
nonprofit
model.
C
G
B
I
I
Thank
you
option
two.
It
talks
about
an
equity
position
of
30
million
dollars
who
has
that
equity
because,
in
my
understanding,
equity
is
an
ownership
interest
in
a
company
or
organization?
Does
the
city
have
an
equity
position
in
this
under
that
proposal,
or
does
that
30
million
dollars
go
to
equity
for
triple
five.
G
Mr
mayor
councilmember,
nelson,
that
that's
all
that
would
all
yet
to
be
negotiated
is
yet
to
be
negotiated
to
put
a
finer
point
on
it.
It
would
technically
be
the
port
authority
because
the
it's
the
port
stiff,
but
how
that
30
million
would
function,
is
still
to
be
determined.
It
could
function
in
the
same
way
that
other
tiff
investments
are
made
in
the
project
and
potentially
recapturable,
or
it
could
be
done
in
a
different
way.
I
I
B
To
raise
30
million
is
a
fraction
of
the
equity
that
needs
to
be
raised.
We've
looked
at
it,
we've
modeled
it
with
barclays
and
with
our
underwriters.
In
order
to
get
the
returns
to
attract
that
equity
up
to
a
level
that
gives
us
a
shot
at
raising
the
equity,
it
would
take.
We
believe,
an
additional
30
million
dollars.
G
A
G
It
does
you
know,
spending
this
call
at
100
million
dollars
now
ish
for
this
project
would
take
out
our
cash
and
then
we'd
be
generating.
You
know
9
10,
11,
ish
million
dollars
a
year
moving
into
the
future
leading
up
to
about
another
130
million
dollars,
or
so
that
you
have
to
spend
again
that
money
is
fenced
in
this
project
again.
G
So
the
cfo
isn't
here
tonight
so
I'll
say
this-
maybe
she's
watching
on
tv,
but
there's
there's
an
argument
to
be
made
that
instead
of
spending
this
cash,
that
you
borrow
this
hundred
million
dollars
because
borrowing
money
especially
you
know,
a
government
borrowing
money
today
is
really
cheap.
Right,
you're,
never
going
to
see
interest
rates,
this
slow,
it
might
make
sense,
and
we
would
have
to
talk
to
our
municipal
advisor
who
is
here
tonight
about
that
our
cfo
and
lots
of
conversations.
A
M
Oh
yeah
so
anyway,
good
evening,
mr
mayor
and
mr
president,
members
of
the
port
authority
and
members
of
the
council.
It
is
really
good
to
be
here
in
person
with
you
tonight,
and
I
hope
that
I
can
add
some
information
to
you
for
this
decision
that
you're
going
to
make.
I
just
wanted
to
share
a
few
things,
so
thank
you
for
allowing
me
to
do
that.
M
I'm
actually
here
to
speak
in
favor
of
this
project,
so
I'll
I'll
certainly
say
that
right
off
of
the
the
bat,
but
I
do
believe
that
it
would
be
a
very
popular
attraction
to
be
able
to
offer
our
visitors,
which
would
greatly
benefit
the
hospitality
industry.
The
industry
would
welcome
this
project,
but
it,
I
believe,
it'll
generate
new
business,
which
is
important,
but
also
some
new
tax
revenue
for
the
city.
M
M
We
have
seen
some
recovery
this
summer,
which
is
good.
There
is
pent-up
demand,
that's
the
other
good
news.
We
do
study
this,
but
there's
a
long
way
to
go,
and
there
is
a
tremendous
amount
of
competition
for
this
traveler
to
capture
or
to
have
this
product
in
our
arsenal
would
be
huge
and
and
be
very
beneficial
in
luring
visitors
to
stay
in
bloomington
this
past
summer
we
actually
embarked
on
a
brand
sentiment
study.
M
Now
it
was
mostly
to
understand
to
try
to
understand
the
impact
of
all
the
social
unrest
that
happened
back
last
summer,
mostly
in
minneapolis,
and
we
were
trying
to
take
a
look
at
that,
but
we
also
took
the
opportunity
to
ask
a
question
as
our
customers
past
visitors
and
potential
visitors,
what
kinds
of
new
things
would
they
like
to
see
going
forward?
I
mean
we
had
this
opportunity
thought
it
was
a
clean
time
to
do
that,
and
so
I'd
like
to
just
share
a
few
slides
from
that
research
project.
M
When
we,
when
we
asked
this
first
of
all,
the
study
was
done
by
our
global
agency
mmgy
and
their
great
agency.
They
have
an
actual
research
division
and
so
forth
as
we
we
looked
at
them.
One
of
the
first
questions
we
said:
what's
your
personal
impression,
give
us
like
five
words
as
bloomington
as
a
destination,
and
this
was
really
some
pleasant
news.
I
mean
we
came
off
of
some
pretty
bad
press
around
the
world,
certainly
from
our
past
visitors.
When
you
see
these,
these
words
that
are
are
coming
up.
M
M
M
Certainly,
we
love
to
see
that
they're
family
vacation
it's
an
easy
destination
to
get
around
friendly
residents.
That's
nice!
When
you
interact
with
with
people
diverse
and
quality
hotels.
We
love
that
centrally
located
to
a
lot
of
other
attractions,
which
just
important,
of
course,
the
tax,
free,
clothing
and
shoes
shoes
always
come
up
as
a
shopping,
they're
very
specific.
So
it's
crazy,
but
good
value
for
the
money,
a
lot
to
see
clean
city
and
a
safe
city,
and
so
this
this
was
huge
to
us.
We
like
that.
M
Our
next
question
really
was
how
familiar
are
you
with
the
following
things
in
bloomington
and
as
you
can
see
here,
the
past
visitors
is
the
red
bar.
The
gray
is
perspective.
Past
visitors
would
be
those
that
have
come
or
in
the
perspective
would
be
those
that
have
heard
about
it.
But
in
both
cases
it
was
very
high
that
the
mall
of
america
rated
high
on
their
list
and
what's
interesting,
the
zoo
it
comes
in
very
high
and
an
aquarium
sea
life.
M
Now
maybe
they
didn't
associate
that
that
was
actually
in
the
mall
as
well,
but
then
you'll
see
the
next
one
with
nickelodeon
universe
and
so
forth,
and
great
wolf
is
on
there
as
a
water
park.
But
you
see
some
of
the
other
historic
fort
snelling,
the
minnesota
valley,
national
wildlife
and
that's
in
bloomington.
That's
amazing,
that's
fabulous!
And
again
we
see
the
fly
over
america,
which
is
in
the
mall
and
the
highland
hill
ski
area.
M
So
all
in
all
I
mean
these
were
were
pretty
good
ratings
as
we
move
to
really
the
next
one
was
really.
What
was
the
purpose?
Why
did
you
come
to
visit
and
it
comes
up
very
high-
the
past
visitors
in
particular
to
to
visit
the
mall
of
america,
and
they
like
this
leisure,
give
get
away
the
family
and
friends
and
so
on.
M
M
So
we
do
see
a
drop-off
in
some
cases
and
some
of
the
ones
towards
the
end.
But
when
you
look
at
again
that
zoo
or
the
aquarium,
they
love
that
the
shopping
is
always
very
big
and
so
on.
I
think
there's
also
some
opportunity
here
for
us
that
we're
looking
at
for
some
other
things,
but
both
past
and
prospective
visitors,
and
the
next
slide
was
we
said
really-
and
this
is
one
that
we
we
took
the
opportunity
to
include
this
kid,
this
question:
it's
what
would
what
would
increase
your
interest
in
bloomington?
M
We
also
a
multi-purpose
event.
Center
was
up
there.
I
know
that's
something
down
the
road
that
you
know
continually
comes
up
sports
complex.
All
of
that
is
tied
in.
Although
the
the
real
question,
I
think
the
most
popular
was
some
sort
of
an
attraction
again
going
back
to
that
family,
fun,
entertainment
and
so
forth.
So
we
were
pleasant.
M
Those
are
some
of
the
highlights
and-
and
we
specifically
wanted
to
to
get
some
of
those
things
happy
another
time
to
share
some
of
the
other
things
we
found,
but
all
in
all
we're
pretty
pleased
with
it.
I
also
know
that
late
2018,
there
were
two
studies
done,
I
believe,
relative
to
hotel
rooms.
They
were
done
by
independent
research
firms.
I
think
the
city
commissioned
them
if
I'm
not
mistaking,
but
just
to
you
know
put
this
in
perspective.
When
you
talk
about
potential
visits
and
who
how
successful
this
could
be.
M
M
So
at
the
end
of
the
day,
you
know
you,
as
the
leaders
and
your
position
and
like
past
councils
you,
you
really
have
a
lot
of
ideas
and
projects
that
come
your
way.
That's
that's
there's
no
secret
to
that,
but
I
really
believe
that
this
particular
project.
I
would
see
this
as
an
investment
in
our
future.
M
M
I
have
watched
the
hotel
industry
rise
up
to
the
point
of
I
believe
we
have
the
most
hotel
rooms
in
the
state
concentrated
in
one
area,
and
these
things
are
have
not
been
bad
investments,
but
quite
the
opposite.
They've
been
great
decisions
that
have
brought
such
economic
value.
I
mean
just
alone
the
tax
space
between
the
malm,
the
hotels
represents
in
the
city
is
so
good
for
everyone
that
lives
here,
works
here
and
so
they're
they're
great
great
investments,
and
that's
how
I
hope
that
we
would
look
about
this.
M
B
B
M
Other
thing
I
should
mention
we're
very
excited
about
a
new
tool
that
we
have,
which
I
hope
to
bring
back
some
more
information
at
a
later
date,
because
we've
just
ramped
up
with
it.
But
it's
it's
a
system.
It's
called
zartico,
it's
actually
an
operating
system
that
tr
provides
visitor
and
resident
movement
throughout
the
market.
They
use
devices
to
track
and
so
forth.
M
I've
seen
some
early
data.
I
mean
a
lot
of
residents.
The
south
loop
area
is
very,
very
popular
and
both
for
residents
they
could
be
working
there.
They
could
be
going
to
the
mall,
they
could
be.
You
know,
living
there,
there's
there's
a
lot
of
the
most
activity
which
which
shouldn't
be
surprising,
but
this
tool
we
feel.
Could
you
know
help
with
points
of
interest
insight
on
the
visitor
info
outside
of
the
hotel,
metrics
and
so
forth.
So
it's
some.
A
And
just
to
to
recap:
three
possibilities
are
option,
one
which
would
be
to
revisit
the
non-profit
model
that
we
had
talked
about
in
the
past
option.
Two
would
be
more
of
a
a
traditional
tiff
equity
portion,
addition
to
the
to
the
cost
and
then
option
three
would
be
to
kind
of
sit
tight
and
see
if
what
what
the
future
might
hold,
especially
as
it
pertains
to
the
to
the
pandemic.
Here,
that's
remember:
lohmann,.
F
Sumer,
just
another
question
too,
that
I
had
that
just
occurred
to
me.
As
you
said,
the
options
there
and
I
heard
the
first
first
three
options
there.
It
sounded
like
that
chain
had
put
forward
a
modified
option,
one
where
you
could
modify
that
is
that
part
of
that
option,
one
or
in
terms
of
your
thinking.
G
Mayor
and
councilmember
lowman
yeah,
so
there's
you
know
we
sit
here
today,
a
year
and
a
half
roughly
after
or
or
a
little
bit
more
after
we
put
the
project
on
hold,
do
the
pandemic.
The
nonprofit
model
could
be
tweaked
right
like
so.
We
go
through
the
ground,
lease
reappraisal
and
the
feasibility
study
redo.
G
F
Thanks
for
that,
I
I
just
wanted
to
be
clear
that
there's
a
second
one
there
and
then-
and
it
occurs
to
me
too
and
then
correct
me
if
I'm
wrong-
that
there's
also
a
fourth
option-
that
we
don't
move
forward
at
all
with
with
this.
Is
that
also,
possibly,
I
don't
sound
like
the
third
option,
but
is
that
a
fourth
option
that
we
would
not
do
anything
at
all
and
then
just
help
me
understand,
then
you
know
based
on
those
2016
dollars.
G
Mr
mayor
and
councilmember
lowman
so
yeah,
I
hope
I
was
clear.
I
mean
we
tried
to
categorize
the
three
options
into
three
buckets,
but
there's
you
know
an
infant
infinite
number
of
sub-options
they're
in
and
a
number
four
option
is
an
indefinite
hold
for
sure.
You
know
we
just
decided
that
you
don't
want
to
do
the
water
park
at
all,
and
that's
certainly
something
the
boards
can
decide.
G
What
happens
to
that
money?
Is
it
just
sits
there
until
a
project
comes
along
that
the
council
and
port
does
do
want
to
do
the
tif
district?
There
is
open
through
2033,
it
will
accumulate.
You
know
240-ish
million
dollars
by
then,
and
you
know
at
that
point.
If,
if
the
boards
don't
decide
to
move
forward
to
the
project,
ultimately
that
money
would
go
back
to
part
it
would
go
back
to
the
city,
county
and
school
district
and
another
part
of
it
would
go
back
to
the
fiscal
disparity
school.
F
And
that
leads
me
to
my
last
question
then
looking
at
at
especially
that
option
that
fourth
option
and
then
really
the
other
ones.
There
seems
to
be
risks
associated
with
each
one
of
those
for
from
a
taxpayer
perspective
and
then
also
benefits
for
the
taxpayer,
and
just
looking
at
that,
you
know
that
that
fourth
option
and
then
you
could
comment
on
some
of
the
other
options.
What,
as
you
look
at
those?
G
Should
the
project
have
closed
before
kovid
or
had
opened
the
day
before
kovid
long
as
the
council
and
port
authority
took
the
advice
of
legal
staff
and
didn't
try
to
bail
the
project
out,
would
the
bondholders
or
somebody
have
asked?
Maybe
right,
but
as
long
as
you
stick
to
your
guns
and
don't
do
that,
the
bondholders
are
the
ones
that
would
have
seen
a
loss
or
at
least
a
temporary
loss
until
the
project
got
back
on
track
reopened,
I
mean
it's
a
30-year
financing,
so
there
there
was
no
sorry
there's.
G
G
G
G
You
can
spend
it
now
on
the
waterpark
project
now
in
quotes
on
the
waterpark
project,
which
then
benefits
the
bloomington
property
taxpayer
via
these
taxes
that
get
thrown
off
into
the
general
fund.
Now
you
could
let
those
taxes
flow
into
the
general
fund
and
subsidize
the
median
value
of
home
substantially
frankly,
or
you
could
funnel
that
money
into
a
citywide
development
fund,
affordable
housing,
trust
fund
frankly,
do
whatever
the
council
decides
that
they
want
to
do
with
it.
That's
council
money.
G
It's
not
for
money,
and
so
there
are
no
well
there's,
never
there's
never
zero
risk,
but
we've
worked.
The
team
has
worked
tirelessly
to
structure
the
non-profit
model
and
this
other
model,
which
is
just
a
lot
more
simple.
It's
easy
to
structure
that
one
so
that
it
doesn't
have
risk
it's
a
lot
harder
to
do
the
nonprofit
model,
so
it
doesn't
have
risks.
G
But
we
worked
for
two
years
to
get
to
that
point
so
that
the
risks
to
the
city
and
port
authority
were
very,
very
small,
and
you
know
we,
we
outlined
the
risks
and
went
through
them
that
they're
it's
not
that
they're
zero,
but
the
financial,
the
direct
financial
risks
are
practically
zero.
There
are
these
other
non-tangible
things
bond
rating
reputation,
things
like
that.
A
Thank
you,
mr
president,
kind
of
at
this
point
in
the
in
the
project.
You
know,
if
you're,
if
you're
thinking
about
the
question
that
councilmember
lowman
asked,
which
is
you
know
in
the
end,
we
have
the
do-nothing
option
to
kind
of
that's
one
of
the
things
that's
on
the
table,
and
it's
always
a
question
about
you
know
if
it's
not
really
do
nothing.
It's
wait
for
the
next
thing
to
come
along
is
really
is
really
the
option
there,
because
there's
not
really
a
practically
speaking.
A
If,
if
we
send
them
away,
they'll
go
find
a
new
idea
and
come
back
and
we'll
be
talking
about
something
different
in
a
while
so
kind
of
the
way
I
look
at
it
is
I'm
kind
of
in
the
same
position
that
the
port
authority
president,
is
in
that
that
for
a
hundred
thousand
dollars,
it's
worth
taking
the
non-profit
thing
and
bringing
it
current.
So
we
can
see
how
that
would
work,
because
a
hundred
thousand
dollars
in
the
content
as
a
project
is
not
very
much
money
at
all.
A
I
think
it's
also
worth
going
and
have
a
conversation
with
them
all
about
what
a
structure
might
look
like
for
the
the
second
option
that
was
proposed
and
see
if
there
is
a
second
option
that
looks
like
it's
something
that
we
would
take
up
and
then
that
gets
us
in
a
position
where
we
have
really.
You
know
door
number
one
door
number
two
and
door
number
three
and
we
won't
be
able
to
open
door
number
three.
B
You
know
I
was
thinking
when
we
were
talking
about
the
taxes
in
the
home
and
what
we
forget-
and
I
I
think,
remembered
actually
during
the
pandemic,
because
we
saw
how
much
benefit
the
city
has
had
from
liquor
and
lodging
taxes
which
has
permitted
us
to
have
lower
residential
taxes.
I
mean
I
look
at
our
home,
which
we
lived
in
40
years,
and
our
property
taxes
have
been
roughly
flat
almost
for
20
years,
and
the
reason
they've
been
flat
is
because
there's
there's
been
revenue
coming
in
from
these
other
sources.
B
B
And
we
know
that
without
investment
they
won't
continue
to
generate
those
kinds
of
revenue,
so
you
have
to
put
dollars
in,
and
I
I
think
when
we
take
a
look
at
that
at
this
particular
situation,
because
the
money
is
really
dedicated
money
in
a
sense,
it's
fenced.
We
we
have
very
limited
things.
We
can
do
with
it.
B
B
Then,
instead
of
having
to
wait
another
six
months
or
however
long
it
takes
we're
not
in
a
position
to
move
much
more
quickly,
and
as
I
understand
it,
we
do
have
some
deadlines
that
we
have
to
local
auction
sales
tax
and
other
things
that
have
to
be
committed
by
the
end
of
january,
which
complicate
the
overall
picture.
So
it
seems
to
me
that
we're
in
a
situation
that
we
aren't
committing
anything
to
move
forward.
If
we
decide,
we
want
to
put
a
hundred
thousand
dollars
down
relative
to
what
we've
got.
A
A
I
think,
the
the
underlying
question
on
all
of
this
is
as
groups
as
the
court
as
the
council.
Do
we
want
a
direct
staff
to
continue
moving
forward
and
trying
to
figure
this
out
or
do
we
want
to
throw
up
a
hard
stop
and
say
you
know
what
we're
out
of
the
water
park
business,
and
this
isn't
what
we
want
to
do.
I
think
that's
the
decision
we
want
to.
We
need
to
make
tonight
we're
not
committing
to
anything
we're
not
saying
yes
or
no
to
one
option
or
the
other.
A
We're
basically
saying
this
is
something
we
want
to
continue
pursuing,
or
we
want
to
continue
talking
about
as
a
counselor
as
a
port
authority,
and
if
you
recall,
as
shane
said,
we've
had
10
meetings
on
this
and
in
in
the
past
few
years
and
at
each
meeting
this
the
discussion
continued
to
move
this
forward.
I
think
we
all
agreed
that
this
was
something
this
looks
like.
A
I
mean
I've
been
bullish
on
the
idea
of
this
water
park.
I
think
I
think
it
would
be
a
a
rousing
success.
I've
used
the
example
over
presidents
day
weekend.
Do
you
want
to
go
to
middle
of
nowhereville
wisconsin
to
go
to
a
water
park,
or
do
you
want
to
come
to
the
mall
of
america
to
go
to
a
water
park
to
spend
your
long
president's
day
weekend
and
frankly,
there
is
no
question
in
my
mind
what
that
answer
is
going
to
be
for
a
lot
of
folks.
A
This
is
a
place
that
people
will
want
to
be
president's
weekend
mea
weekend,
and
you
know
all
summer.
I
think
it
will
be.
It
will
be
overwhelmingly
successful,
that's
my
opinion
and
we
would
have
to
get
there,
but
I
think,
for
that
reason
I
think
it's
worth
continuing
this
discussion
to
keep
moving
this
forward
to
decide
what
the
best
possibility
would
be
to
have
both
options
on
the
table,
though-
and
you
know
be
able
to
evaluate
them,
I
think
is
the
correct
way
to
go,
but
I
do
think
this
would
be
this.
C
Thank
you
mayor.
I
will
I
forget
that
I
don't
have
to
push
the
button
anymore,
so
I
shouldn't
clear
my
throat
into
the
microphone
just
to
I
I
mean
I,
I
think
about
four
or
five
people
now
have
kind
of
tiptoed
around
this.
So
I'm
just
going
to
kind
of
put
a
finer
point
on
this
shane
we
could.
We
could
tonight
say
we
essentially
want
to
do
both
options.
One
and
two
correct.
C
I
mean
that
it
seems
like
that's
what
commissioner
peterson
was
saying
and
what
some
other
folks
have
said
that
that
we
would
we
don't
want
to
take
either
off
the
table,
that
we
would
like
to
continue.
Learning
about
and
and
see
I
mean
seeing
if
either
either
of
them,
not
both
obviously
would
be
a
viable
option.
Is
that
I
mean?
Is
that
the
risk
of
overusing?
The
word
is
that
an
option.
G
G
Now,
given
the
the
private
financing
option
wanted
to
move
away
from
the
nonprofit
model,
you
know
the
efforts
would
be
focused
there
right.
The
the
negative
of
you
know.
Taking
the
two
paths
is
that
you
you
you,
you
send
us
in
two
different
directions
and
so
we're
not
laser
focused
on
one
we're
kind
of
okay:
we've
got.
You
know
a
foot
in
each
pool.
G
If
you
will
on
that
type
of
thing,
if
you
don't
like
the
private
financing
model
and
just
say,
yep
go
for
the
non-profit,
I
I
don't
mean
to
sway
you
either
way.
It's
truly
just
a
decision
point
for
the
council
in
port-
that's
the
negative
of
it,
but
you
can
do
that.
It'll,
just
it'll,
probably
take
a
little
bit
longer
for
us
to
figure
out.
If
we
do
that,
but
that's
certainly
a
viable
sub
option
of
what
we
presented.
C
Thank
you,
and
I
I
guess
you
know
from
my
perspective,
I
I
I
certainly
have
a
preference.
I
certainly
have
an
opinion
on
what
I
think
I'd
be
most
comfortable
with,
but
I
you
know
I
think,
given
the
magnitude
of
what
we're
talking
about
both
in
terms
of
the
I
think
the
potential
positives,
but,
of
course,
also
the
risks
in
you
know,
to
my
mind,
a
little
extra
time
doing
our
homework
and
exploring
the
options
is,
I
think,
well
worth
it
to
kind
of
see
where
we
could,
where
we
could
come
out
on
this.
C
So
I
I
guess
you
know
if,
if
we
had
to
pick,
I
know
where
I
would
I
would
go
down,
but
I
I
think
it
seems
to
me
moving
forward.
You
know
continuing
to
explore.
Both
you
know,
like
has
been
said,
the
the
updating,
the
study
and
doing
all
of
those
things
you
know.
I
I
think
that
is
that
is
valuable,
but
I
I
think
there
is
valuable
in
exploring
the
there
is
value
in
exploring
the
more
traditional
financing
approach
as
well.
A
J
J
I
want
to
put
a
finer
point
on
a
couple
of
the
comments
that
shane
made
and
I
I
actually
I'm
going
to
provide
a
recommendation
for
the
bodies
here.
The
the
finer
point
is
that
continuing
to
develop
both
options
is
going
to
be
an
incredibly
resource,
intensive
activity,
trying
to
do
two
different
finance
development
efforts.
At
the
same
time,
for
the
same
project,
not
only
is
going
to
double
the
amount
of
work
for
our
staff.
J
I
think
that
there
is
merit
in
heading
down
the
road
of
developing
the
private
financing
model
for
several
reasons,
one.
This
is
the
traditional
approach
that
we
have
used
all
the
time.
It's
one
that's
well
understood
both
by
the
community,
and
you
know
the
decision
makers
and,
frankly,
the
you
know,
the
financing.
A
J
So
I
also
think
it
has
the
additional
benefits
of
heightened
transparency
and
I
think
it's
much
more
easier
to
communicate
to
the
community
how
that
approach
is
structured.
Those
are
intangibles,
they're,
not
necessarily
decision.
You
know
things
that
would
finalize
your
decision
to
support
one
or
the
other,
but
I
think
that
we
should
go
down
that
road
and
we
should
do
as
the
president
and
others
have
suggested
and
invest
some
resources
to
make
sure
that
the
other
elements
are
updated.
J
So,
in
the
event
that
the
capital
markets
aren't
there
to
support
the
private
model
that
we
still
have
that
other
option
available.
That'd
be
my
recommendation,
but
I
I
get
real
concerned
when
we
say
we're
going
to
try
to
go
down
both
roads.
At
the
same
time,
I
don't
think
that's
a
recipe
for
success.
C
So
I
I
think
I
may
have
been
a
little
bit
unclear
in
in
the
comments
that
I
was
making.
I
was
not
necessarily
suggesting
we
take.
I
I
realize
I
said
this,
but
I
think
what
I,
what
I
intended
to
say
was
not
necessarily
that
we
go
full
board
down
both
roads,
but
you
know,
I
think,
as
as
the
city
manager
laid
out,
that
we,
we
sort
of
to
the
extent
possible,
do
what
we
need
to
do
to
make
sure
that
both
continue
to
be
options.
B
So
all
I
was
thinking
in
terms
of
it
is
that
if
all
we
had
to
do
was
in
effect,
have
the
the
feasibility
study
updated,
which
is
going
to
be
done
by
a
third
party
that
it
would
be
worthwhile
to
have
that
expenditure.
While
this
other
exploration
goes
on,
so
I
mean
to
the
extent
that
that
there's
duplicate
of
work
or
something
involved
with
it,
then
that
was
not
my
intent.
C
Thank
you
mayor,
so
I
will
explicitly
answer
your
question
and
say
that
I
am
supportive
of
the
waterpark
project
and
supportive
of
figuring
out
a
path
forward
when
I
think
about
the
different
types
of
options
that
could
be
developed
in
that
very
specific
space.
With
the
constraints
of
that
specific
to
funding,
you
know,
I'm
hard-pressed
to
think
of
other
projects.
C
That
would
be
as
significant
of
an
amenity
and
agree
with
a
lot
of
what
you
said
about
families
visiting,
and
I
guess
I'll
just
make
my
my
comments,
pretty
short
and
say
that
I
think
I'm
what
based
on
what
I'm
hearing.
That
is
the
path
that
I
was
leaning
or
wanting
to
voice.
My
support
for
is
going
down
the
path
of
the
private
model
and
I'm
fully
supportive
of
also
you.
You
know
using
the
100
000
to
to
update
our
study
on
the
nonprofit
model,
but
really
prioritizing
that
the
private
model.
A
Okay,
and
so
you
know
to
the
extent
that
we
can
go
and
work
with
them
all
to
come
to
a
an
arrangement
that
makes
sense.
I
think
we
should
have
that
be
as
our
priority,
but
just
like
the
president
said,
you
know.
Kind
of
preserving
this
other
option
is
a
worthwhile
thing.
I
think,
given
the
amount
of
money
that
we're
talking
about
to
go,
do
that.
G
Mr
president,
mr
mayor
and
commissioners
and
council
members,
so
in
an
attempt
to
summarize
right
what
I
think
I'm
hearing,
I
just
want
to
point
one
caveat
out.
So
I
think
where
the
boards
might
be
headed
is
focus
on
option
two
see
if
you
can
make
that
work,
preserve
the
option
for
option
one
by
updating
the
studies
in
the
event
that
option
two
doesn't
pan
out
for
one
reason
or
another.
G
I
don't
want
to
speak
for
people
that
haven't
spoken,
but
that's
kind
of
the
way,
I'm
feeling
if
the
just
in
case
motions
are
coming
and
things
like
that
to
that
effect.
One
other
thing
is
timing,
and
so
it's
possible.
Maybe
this
isn't
I'm
just
thinking
on
the
fly
here.
It's
possible
that
the
the
feasibility
study
and
all
that
will
take
you
know
months.
We
haven't
talked
to
the
feasibility
consultant
in
a
month
or
two,
but
I
guess
again
just
thinking
on
the
fly.
C
Well
before
you
said
that
I
I
was,
I
was
coming
to
the
the
terms
of
something
what
president
erickson
had
suggested
about.
The
the
updating,
the
private
scenario
to
me
would
seem
if
it
worked.
Did
I
have
questions
about
funding
and
pricing
right
now
and
just
whether
that
really
is
feasible,
but
it's
more
transparent
option.
I
think
and
a
lot
of
all
the
the
negativity
that
came
about
from
that
nonprofit
and
the
questions
and
the
lack
of
understanding
and
the
press
and
so
forth.
C
And
while
I
am
a
huge
supporter
of
the
mall,
I'm
still
on
the
not
decisive
yet
on
the
the
water
park
itself,
but
I
continue
to
to
try
to
be
open
on
all
the
discussion
and
the
structure.
So
I'm
not
ready
to
say
pull
the
plug,
not
ready
to
say,
pause
yet,
but
still
think
it's
worth
the
discussion
and
so
forth
and
to
see
what's
out
there
as
other
options
that
might
be
more
comfortable
for
us.
F
Oh
clearly,
mary,
I
can
see
the
direction
of
this
is
going
around
to
option
two,
I'm
certainly
more
supportive
of
option,
one
in
the
sense
that
I
think
long
term
will
get
more
benefit
for
our
residents
and
you
know
certainly
I'm
in
favor
of
moving
forward
regardless
either
option
one
or
two.
But
I
just
wanted
to
point
out
that
I
just
do
think
that
there
is
an
opportunity
with
that
option.
F
One
to
from
a
long-term
standpoint,
really
bring
some
additional
revenues
to
the
city
and-
and
so
that's
sort
of
where
I
find
myself,
but
I'm
not
gonna,
I'm
gonna
argue
any
further.
If
we
we
can
get
a
get
a
project
done,
I'm
certainly
in
that
in
that
net
camp,
and
so
I
will
support
moving
that
forward.
So
sounds
like
a.
D
Excuse
me,
thank
you,
we'll
have
to
figure
out
going
forward
if
we
raise
our
hands
if
we're
in
tv
land,
because
I've
had
mine
raised
for
at
least
the
previous
10
speakers.
So
most
of
what
I
had
to
say
has
already
been
said,
but
I
support
option
two,
the
private
with
tiff
for
a
number
of
reasons,
many
of
which
have
already
been
set
aside.
I've
alluded
to
it
continues
to
we.
We
need
to
support
them
all.
D
D
D
I
also
think
that
what
we
haven't
talked
about
is
is
if
we
do
nothing
with
that
state
fiscal
disparity
tip.
You
know
many
of
the
cities
around
the
state
eye
that
fiscal
disparities
tiff
with
a
great
envy
and
future
legislative
bodies
can
go
and
reverse
that.
That's
that
accounts
for
nine
or
ten
million
dollars
a
year
in
fiscal
tif
coming
to
our
city,
and
I
think
that
is
what
tilts
me
to
looking
at
item
two
or
option.
D
D
You
have
to
put
your
the
majority
of
your
efforts
in
a
particular
direction,
and
I
I
know
that
some
of
the
comments
have
said
do
both
and
write
a
dual
track,
but
you
know
I've.
I've
been
a
developer
for
over
30
years
and
and
you
you
you're,
asking
an
impossible
task
to
do
that,
and
so
I
hope
that
the
majority
of
those
in
the
room
tonight
will
approve
not
only
continuing
with
the
project
but
as
a
primary
use,
the
private
tip
method.
Thank
you.
I
Yeah,
thank
you
mayor.
Just
one
quick
thing,
I'm
wondering
if
either
yourself,
mayor
or
the
city
manager
or
maybe
shane,
can
explain
for
the
public
that
might
be
watching
this
fiscal
disparities.
How
much
of
that
tiff
is
fiscal
disparities
versus
how
much
is
foregone
property,
not
forgotten
property?
That's
not
the
right
way
to
phrase
it
property
taxes
that
the
mall
pays
that
go
into
the
tiff
fund,
because
I
think
that's
a
confusion
for
a
number
of
people.
G
G
These
sources
that
we've
been
talking
about
tonight,
public
infrastructure,
usually,
but
since
the
tax
bill
can
be
used
in
different
ways,
and
so
this
isn't
money
that
comes
from
bloomington
property
taxpayers,
except
for
one
single
property
taxpayer
from
all
america.
I
guess
it's
multiple
taxpayers
on
those
sites,
but
it's
those
sites.
G
Those
funds
can
be
used
for
economic
development
projects
and
have
been
to
date
to
the
benefit
of
the
bloomington
property
taxpayers,
both
on
the
commercial
on
residential
side,
as
we've
been
talking
about
tonight
through
the
admissions
taxes
and
lodging
taxes
and
just
the
general
tax
taxes
that
come
off
of
the
mall
already
and
so
again.
The
this.
I
So
and
just
for
clarity
for
people
that
don't
understand
fiscal
disparities,
that
is
property
taxes
paid
by
regional
communities
into
a
regional
fund
that
go
to
regional
projects.
So
essentially
that
is
money
that
other
neighboring
cities
in
the
region
are
putting
into
this.
To
support
this
huge
regional
asset
is
that
accurate.
G
G
If
you're,
a
commercial
property
taxpayer
in
bloomington,
you
pay
about
a
third
to
those
three,
so
just
call
it
11
11
11.
it
moves
around
from
year
to
year.
I
think
it's
more
like
15
for
the
city
this
year,
whatever
so
a
third
to
the
locals,
a
third
to
the
state
and
a
third
to
fiscal
disparities,
and
what
fiscal
disparities
is
is
a
formula
that
captures
the
development
that
happened
after
1972.
G
So
you
know
bloomington
yeah
we're
the
fourth
largest
city
in
the
state,
but
honestly
we're
not
that
much
larger
than
maple
grove
and
some
of
the
other
suburbs.
When
you
really
look
at
a
population
standpoint
from
a
property
tax
standpoint,
we're
still
pretty
big
and
we've
been
the
biggest
contributor
for
a
long
time.
Even
after
you
net
out
the
benefit
from
the
2013
tax
bill,
we
were
still
the
biggest
contributor.
G
Even
if
you
took
that
9
million
out
that
we
roughly
that
we
got
post
2013
we're
still
the
biggest
contributor
only
in
I
think
it's
2018
or
19
did
minneapolis
finally
surpass
us,
so
bloomington
has
been
losing
because
of
the
fiscal
disparities
program
for
a
long
time.
We
finally
got
some
benefit
in
13..
We
still
contribute
a
lot
into
the
pool
and
a
lot
of
other
communities
benefit
and
that's
part
of
the
minnesota
miracle
and
there's
a
lot
of
people
that
really
like
that
program.
I
Thank
you
for
taking
the
time
to
explain
that
just
quickly.
On
my
opinion,
I
favor
two
with
that
private
financing
and
I
would
very
strongly
look
at
how
to
reduce
or
eliminate
the
equity
portion
of
that
of
it.
I
think
that
I
would
love
to
see
the
contribution
that
triple
five
is
making
to
this,
I
think,
is
a
fantastic
project.
I
think
it's
going
to
be
beneficial
for
both
of
us
and
I'd
like
to
see
them
beyond
just
borrowing
making
a
contribution
to
it.
I
I
totally
support
the
project.
I
support
funding
infrastructure
and
all
of
those
things,
so
maybe
we'll
go
back
to
our
last
meeting
where
we
could
call
me
a
tif
purist,
but
I
think
that
I
think
it's
a
good
project
and
I
think
that's
the
way
to
go,
and
I
think
there's
a
way
to
do
that
and
I
got
confidence
that
staff
will
work
really
hard
to
do
that
and
I
think
it's
in
the
benefit
of
triple
five.
A
G
Mr
mayor
and
president,
mr
members,
I've
been
working
with
a
city
attorney
to
try
to
fashion
a
revised
motion
that
reflects,
I
think
the
will
of
the
boards,
and
maybe
the
city
attorney,
can
read
off
what
you
said,
because
there's
some
procedural
and
purchasing
considerations
to
think
about,
so
that
we're
in
compliance
with
our
various
policies.
So
if,
if
I
may
ask
the
city
for
me
to.
L
C
K
C
A
Thank
you
all
very
much
good
discussion
on
a
number
of
different
topics
tonight
and
looking
forward
to
continuous
discussion
on
actually
on
just
about
everything
on
our
agenda
tonight.
I
think
this
was
the
first
step
and
we
have
more
to
talk
about
on
all
of
it.
So
very
good.
That
concludes
our
agenda.