Loading...
HomeMy WebLinkAbout09/27/1982CITY OF APPLE VALLEY Dakota County, Minnesota September 27, 1982 Minutes of the special meeting of the City Council of Apple Valley, Dakota County, Minnesota, held September 27, 1982, at 7:30 o'clock p.m. at the City Hall. PRESENT: Mayor Garrison; Councilmembers Branning, Kelly, Overgard, and Savanick; Clerk Asleson. ABSENT: None. Mayor Garrison called the meeting to order at.7:30 p.m. Mr. Asleson said the necessary information on the special assessment rolls was not yet prepared and he would be asking the Council to continue this meeting to another time. ASSESSMENT ROLLS Mr. Asleson said the City has received a request from Southview Acres Health SOUTHVIEW ACRES Care Center, Inc., for $260,000 of Tax Increment Financing related to the TAX INCREMENT nursing home project. Howard Knutson, representing Southview Acres, was FINANCING present and described the concept of tax increment financing--using tax re- venues generated by the improvements to repay the bonds issued for financing. Ed Tschida, of Professional Planning and Development Company, was present and reviewed the proposal for a tax increment financing plan and establishment of a housing district program, dated September 23, 1982. The procedure would include the Council setting a public hearing on it and giving published notice in the newspaper and mailed notice to the School District and County. The Planning Commission would also review the plan before the public hearing. The term of the financing for economic development is limited to 10 years; for redevelopment to 25 years; and housing development projectsil'Jmited to 25 years. The financing can only be used for land improvments and not construction and can be modified up to five years from the date of approval. In the Southv±ew Acres pro- posal, the nursing home is all that is included now. If the apartment portion should be ready to proceed, the plan could be modified to include it. Steve Mattson, of Juran & Moody, was present and reviewed the schedule of debt service payments prepared by him. Art Peil, of Knutson Mortgage, was present and explained the financing procedures on the project. MOTION: of Overgard, seconded by Kelly, adopting Resolution No. 1982-122 approving an agreement with Professional Planning and Development Company, Inc., to prepare a tax increment financing plan for a fee of five percent of the total bond sale, not to exceed $8,500 and authorizing the Mayor and Clerk to sign the same. RES. 1982-122 PREPARE TAX INCREMENT PLAN MOTION: of Savanick, seconded by Branning, amending the above motion by including language that the fee is payable upon approval and com- pletion of the plan "and upon sale of the tax increment bonds". Ayes - 5 - Nays - 0. Vote was taken on the motion as amended. Ayes - 5 - Nays - 0. CITY OF APPLE VALLEY Dakota County, Minnesota September 27, 1982 Page 2 MOTION: of Savanick, seconded by Branning, adopting Resolution No. 1982-RES. 1982-123 123 setting a public hearing at 8:00 p.m. on October 14, 1982, SET HEARING ON on a proposed Housing Development Plan and a Tax Increment Fin- TAX INCREMENT ancing Plan on Lots 1, 2 and 3, Block 5, Apple Valley Commercial FINANCING Addition. Ayes - 5 - Nays - O. Consideration of a change order for Galaxie Park 1st Addition utilities was tabled. MOTION: of Savanick, seconded by Overgard, adjourning this meeting until 8:30 p.m. on September 28, 1982, at which time it will reconvene at City Hall. Ayes - 5 - Nays - 0. The meeting was adjourned at 8:09 o'clock p.m. Pursuant to adjournment, the City Council reconvened on the 28th day of September, 1982, at 8:30 o'clock p.m. PRESENT: Councilmembers Kelly, Overgard and Savanick; Clerk Asleson. ABSENT: Mayor Garrison and Councilmember Branning. Acting Mayor Kelly called the meeting to order at 8:30 p.m. The City Clerk presented proposed assessment rolls 183 through 189 and stated that the foregoing assessment rolls were prepared by him with the assistance of the City Engineer where appropriate and in accordance with the instructions of the Council. The City Clerk then reviewed with the Council each of the seven (7) proposed assess- ment rolls. MOTION: of Overgard, seconded by Savanick, adopting Resolution No. 1982- 124 approving the proposed assessment rolls 183 through 189 for public hearing purposes and setting the public hearing on the rolls at 7:45 p.m. on October 14, 1982, at the Apple Valley City Hall. Ayes - 3 - Nays - 0. RES. 1982-124 ASSMT 183 to 189 PUBLIC HEARING The Council then directed that the pCoposed assessment rolls be placed on file and be open to public inspection in the Office of the City Clerk. MOTION: of Savanick, seconded by Overgard, adopting Resolution No. 1982- 135 authorizing the installation of Project 82-11, Galaxie Park 1st Addition Utilities, by change order and approving Change Order No. 1 to the contract with Enebak Construction for Pro- ject 80-16 in the amount of $20,312.50. Ayes - 3 - Nays..- 0. RES. 1982-135 PROJ. 80-16 CHANGE ORDER FOR PROJ. 82-1] MOTION: of Overgard, seconded by Savanick, to adjourn. Ayes - 3 - Nays - 0. The meeting was adjourned at 9:20 o'clock p.m.