HomeMy WebLinkAbout06/25/1992 ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
June 25, 1992
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held June 25th, 1992, at 8:00 o'clock p.m. at
Apple Valley City Hall.
PRESENT: President Holton; Commissioners Erickson, Goodwin, Humphrey and
Sterling.
ABSENT: None.
City staff members present were: Assistant to City Administrator Weldon, City
Clerk Mueller, City Attorney Sheldon, Administrative Intern Bail, Personnel
Director Boland, Parks Recreation Director Johnson, City Planner Kelley, and
Building Official Miranowski.
President Holton called the meeting to order at 10 :32 p.m.
MOTION: of Erickson, seconded by Goodwin, approving the minutes of JUNE 9, 1992
the special meeting of June 9th, 1992, as written. Ayes 4 MINUTES
Nays 0 (Humphrey Abstained).
MOTION: of Humphrey, seconded by Goodwin, adopting a resolution A.V. FORD
approving the Development Assistance Agreement for Apple DEV. ASSIST.
Valley Ford Addition with Rydell Company for reimbursement AGREEMENT
of certain costs, up to $550,000, from available tax
increments, and authorizing the President and Secretary to
sign the same.
Commissioner Sterling asked whether this agreement includes assistance for the
Auto Mall parking lot? Mr. Kelley said it does not, only the Apple Valley Ford
Addition or "Auto Park" property. President Holton said he would prefer Staff to
work with Mr. Hebert to determine how assistance can be arranged, perhaps similar
to the arrangement with Times Square Shopping Center.
Jon Hoganson, representing Rydell Company, said some details remain to be
finalized with Mr. O'Meara and Mr. Welsch. Mr. O'Meara advised him that the
approving resolution was written such that these items can be revised after
approval. President Holton asked what the changes were? Mr. Hoganson said one
item of concern is the parking lot lighting which is shown as an assessment in
the agreement. They would rather have the work done themselves and be an
eligible cost for reimbursement than having it assessed.
The Board questioned whether this should be held until the revisions can be made.
It was noted the City Council would be holding a hearing on the improvements July
9, 1992, and this agreement could be completed at that time.
ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
June 25, 1992
Page 2
MOTION: of Sterling, seconded by Erickson, tabling consideration of TABLE RYDELL
the Development Assistance Agreement with Rydell Company AGREEMENT
until July 9, 1992. Ayes 5 Nays 0.
MOTION: of Sterling, seconded by Humphrey, directing Staff to work AUTO MALL
with Mark Hebert on preparation of an agreement for parking PARKING LOT
lot expansion on the Auto Mall property due to loss of on- AGREEMENT
street parking on 151st Street. Ayes 5 Nays 0.
The Board received the Community Development Director's memo dated STATUS DECISE
June 22, 1992, advising that the Decise Restaurant owners are chang- RESTAURANT
ing architects and have not completed the site plans necessary to
complete the review. If adequate information is presented, it may be able to
be considered July 9, 1992.
MOTION: of Humphrey, seconded by Erickson, setting a special meeting SET SPECIAL
at 8:00 p.m. on July 9, 1992, to consider a tax increment MEETING
financing agreement for Apple Valley Ford Addition and such
other business as may come before the Board. Ayes 5
Nays 0.
MOTION: of Sterling, seconded by Erickson, to adjourn. Ayes 5 Nays 0.
The meeting was adjourned at 10:45 o'clock p.m.