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Home My WebLink About06/17/1993 ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota June 17, 1993 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held June 17th, 1993, at 7 00 o'clock p m at Apple Valley City Hall PRESENT President Branning, Commissioners Erickson, Goodwin, Humphrey and Sterling ABSENT None City staff members present were Executive Director Melena, Secretary Mueller, City Attorney Sheldon, City Engineer Gordon, Finance Director Ballenger, City Planner Kelley, and Public Works Director Gretz President Branning called the meeting to order at 7 08 p m MOTION of Erickson, seconded by Sterling, approving the minutes of MAY 27, 1993 the special meeting of May 27th, 1993, as written Ayes - 5 MINUTES - Nays - 0 Mr Ballenger reviewed the document entitled Tax Increment Districts TIF DISTRICT 1993-1994, dated May 24, 1993, summarizing revenue and expenditures FUNDING in each of the TIF districts Mr Melena said the document shows pro- jections through the year 2000, but is being used for budgetary purposes for the period 1993-1994 It does not include an expenditure for the Minnehaha Falls Nursery request for assistance which will be considered later in the meeting MOTION of Humphrey, seconded by Goodwin, accepting the document 1993-1994 entitled Tax Increment Districts 1993-1994, dated May 24, BUDGET 1993, as the Economic Development Authority budget for that period Ayes - 5 - Nays - 0 Mr Melena reviewed the letter dated May 21, 1993, requesting assis- MINNEHAHA tance in preparing the Minnehaha Falls Nursery site, at 14901 Cedar NURSERY SITE Avenue, for redevelopment Mr Gretz distributed a preliminary cost estimate for the work, including capping four abandoned wells, of $21,612 50 MOTION of Erickson, seconded by Goodwin, authorizing the expendi- MINNEHAHA ture of up to $30,000, of tax increment financing funds, to REDEVELOPMENT assist with preparing the Minnehaha Falls Nursery site, FUNDING 14901 Cedar Avenue, for redevelopment subject to recording the easement for Glazier Avenue Ayes - 5 - Nays - 0 MOTION of Humphrey, seconded by Goodwin, accepting the One Year 1 & 5 YEAR Plan and Five Year Program for Economic Development, as DEVELOPMENT contained in the Community Development Director's memo dated PLANS May 21, 1993 President Branning said he would like to see staffing and support of economic development programs as part of this plan He asked that it be a topic for discussion at a future informal meeting ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota June 17, 1993 Page 2 Commissioner Erickson said he would also like to discuss whether the Council should continue as the EDA Board or whether it should be composed of independent members Vote was taken on the motion Ayes - 5 - Nays - 0 MOTION of Branning, seconded by Goodwin, adopting Resolution No RES EDA-93-4 EDA-93-4 finding that the preapplication of South Metro S METRO AUTO- Autotune, Inc for Revolving Loan Fund monies, in the TUNE RLF amount of $25,000, for the purpose of financing capital PREAPPLICATION equipment on property at 15425 Cedar Avenue, is in conformance with the City's land use regulations and economic development goals Ayes - 5 - Nays - 0 MOTION of Goodwin, seconded by Sterling, accepting the application, NEHEMIAH MIN dated May 27, 1993, of Nehemiah Ministries, Inc for BUSINESS ASST business retention/expansion rental assistance totaling APPLICATION approximately $13,770, over three years, for 1,080 square feet of space, and directing the Attorney to prepare the necessary agreement Commissioner Humphrey said he understands Douglas W Anderson, President of Nehemiah Ministries, is a partner in ownership of the building where the company is proposing to lease space He asked for further information before considering this application MOTION of Goodwin, seconded by Sterling, tabling consideration of TABLE NEHEMIAH Nehemiah Ministries' application for rental assistance for APPLICATION further information on building ownership Ayes - 5 - Nays - 0 MOTION of Humphrey, seconded by Branning, accepting the applica- SCHMUCKER, DDS tion, dated May 25, 1993, of Alan R Schmucker, DDS, PA, for BUSINESS ASST business incubator rental assistance totaling approximately APPLICATION $18,495, over three years, for 1,350 square feet of space, and directing Attorney to prepare the necessary agreement Commissioners Sterling and Erickson questioned whether this is really a new business Commissioner Goodwin said he would like to look at the guidelines again and feels uncomfortable voting on these applications when like businesses exist without assistance Vote was taken on the motion Ayes - 0 - Nays - 5 (Failed) MOTION of Sterling, seconded by Humphrey, accepting the applica- ENGLISH PSYCH tion, dated June 10, 1993, of English & Associates Psych BUSINESS ASST Services, P A for business incubator rental assistance APPLICATION ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota June 17, 1993 Page 3 totaling approximately $10,200, over three years, for 800 square feet of space, and directing the Attorney to prepare the necessary agreement Ayes - 4 - Nays - 0 (Erickson Abstained) MOTION of Humphrey, seconded by Branning, accepting the applica- ERA REALTY tion, dated June 14, 1993, of ERA Dakota Metro Realty, Inc BUSINESS ASST for business incubator rental assistance totaling approxi- APPLICATION mately $34,225, over three years, for 2,333 square feet of space, and directing the Attorney to prepare the necessary agreement Ayes - 2 (Branning and Humphrey) - Nays - 2 (Erickson and Goodwin) (Sterling Abstained) Failed Mr Melena advised the Board that Emerson Financial Group has not PROGRAM finalized the documents necessary to complete its agreement with the DOCUMENTATION EDA He distributed a memo explaining the process once the Board REQUIREMENTS forwards and application to the Attorney for preparation of an agree- ment President Branning asked for discussion of the documentation requirements at a future informal meeting MOTION of Erickson, seconded by Sterling, setting a special meeting SET SPECIAL on July 8th, 1993, at 7 00 p m at City Hall Ayes - 5 - MEETING Nays - 0 MOTION of Goodwin, seconded by Humphrey, to adjourn Ayes - 5 - Nays - 0 The meeting was adjourned at 8 08 o'clock p m