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HomeMy WebLinkAbout02/11/1993 ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota February 11, 1993 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held February 11th, 1993, at 8 00 o'clock p m at Apple Valley City Hall PRESENT Commissioners Branning, Erickson, Goodwin and Sterling v ABSENT Commissioner Humphrey City staff members present were City Administrator Melena, City Clerk Mueller, City Attorney Sheldon, Finance Director Ballenger, Personnel Director Boland, Public Works Director Gretz, Parks & Recreation Director Johnson, City Planner Kelley, Police Chief Rivers, Assistant City Administrator Weldon, and Community Development Director Welsch Commissioner Branning called the meeting to order at 10 11 p m • MOTION of Erickson, seconded by Goodwin, appointing Commissioner PRESIDENT Branning President Pro Tem for this meeting Ayes - 4 - PRO TEM Nays - 0 MOTION of Goodwin, seconded by Sterling, tabling appointment of TABLE OFFICER officers for 1993 until the Authority's next meeting Ayes APPOINTMENTS - 4 - Nays - 0 MOTION of Erickson, seconded by Sterling, approving the minutes of DEC 10, 1992 the special meeting of December 10th, 1992, as written MINUTES Ayes - 3 - Nays - 0 (Branning Abstained) MOTION of Erickson, seconded by Goodwin, accepting the transfer of FUND TRANSFER $120,000 00 (of $259,682 19 received for sale of the Cedar FROM CITY Knolls property to the Dakota County HRA) from the City of Apple Valley to the EDA Ayes - 4 - Nays - 0 MOTION of Goodwin, seconded by Erickson, approving the Loan CEDAR KNOLLS Agreement, and associated documents, with NHD-Cedar Knolls STORM SHELTER Associates Limited Partnership for a loan of $120,000 00 to LOAN AGREEMENT finance construction of a storm shelter within the Cedar Knolls Mobile Home Park, as described in the Community Development Director's memo dated February 6, 1993, and authorizing the President and Secretary to sign the same Ayes - 4 - Nays - 0 MOTION of Erickson, seconded by Sterling, to adjourn Ayes - 4 - Nays - 0 The meeting was adjourned at 10 15 o'clock p m