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HomeMy WebLinkAbout05/27/1993 ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota May 27, 1993 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held May 27th, 1993, at 8 00 o'clock p m at Apple Valley City Hall PRESENT President Branning, Commissioners Erickson, Goodwin, Humphrey and Sterling ABSENT None Staff members present were Executive Director Melena, Secretary Mueller, City Attorney Dougherty, City Attorney Sheldon, Finance Director Ballenger, Personnel Director Boland, Public Works Director Gretz, Parks & Recreation Director Johnson, City Planner Kelley, Police Chief Rivers, and Community Development Director Welsch President Branning called the meeting to order at 11 00 p m MOTION of Humphrey, seconded by Sterling, approving the minutes of MAY 13, 1993 the special meeting of May 13th, 1993, as written Ayes - 5 MINUTES - Nays - 0 Mr Welsch reviewed his memo dated May 24, 1993, listing three more BUSINESS applications for assistance through rental assistance program One ASSISTANCE of them is under the retention/expansion portion and two are for APPLICATIONS the business incubator program MOTION of Humphrey, seconded by Sterling, accepting the PREPARE application, dated April 14, 1993, of American Heating, Air AGREEMENTS & Refrigeration, Inc for business retention rental FOR NEW assistance totaling approximately $17,000, over three years, APPLICATIONS for 2,000 square feet of space, the application, dated May 20, 1993, of Emerson Financial Group for business incubator rental assistance totaling approximately $5,689, over three years, for 620 square feet of space, and the application, dated May 1, 1993, of Valley Center Chiropractic for business incubator rental assistance totaling approximately $10,000, over three years, for 1,000 square feet of space, and directing the Attorney to prepare the necessary agreements Ayes - 4 - Nays - 1 (Goodwin) The Board received the One-Year Plan and Five-Year Program for 1 & 5 YEAR Economic Development contained in Mr Welsch's memo dated May 21, DEV. PLANS 1993 He suggested the Board discuss it further at its next meeting MOTION of Sterling, seconded by Humphrey, setting a special meeting SET SPECIAL on June 17th, 1993, at 7 00 p m at City Hall Ayes - 5 - MEETING Nays - 0 MOTION of Erickson, seconded by Sterling, to adjourn Ayes - 5 - Nays - 0 The meeting was adjourned at 11 OS o'clock p m