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Roseville EDA approves agreements to clean up and redevelop 1495 Twin Lakes Parkway
Summary
The Roseville Economic Development Authority unanimously approved two resolutions to facilitate environmental cleanup and redevelopment of 1495 Twin Lakes Parkway (the former PIC Terminal), including using roughly $4.4 million in EDA cleanup funds and accepting Ramsey County grant awards.
The Roseville Economic Development Authority on April 13 unanimously approved two resolutions authorizing agreements and grant arrangements to support redevelopment of 1495 Twin Lakes Parkway, the long-vacant site formerly known as the PIC Terminal.
Jeanne Kelsey, the city's housing and economic development program manager, told the board the EDA previously committed environmental remediation assistance and has received four grants from Ramsey County to support the site. Kelsey said the developer asked the EDA to be the grant awardee for Ramsey County funds to avoid potential tax consequences for the private partner, and staff…
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