HomeMy WebLinkAbout01/31/1991 ECONOMIC DEVELOPMENT AUTHORITY
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City of Apple Valley
Dakota County, Minnesota
January 31, 1991 -
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held January 31st, 1990, at 8:00 o'clock p.m. at
Apple Valley City Hall.
PRESENT: President Holton; Commissioners Goodwin, Humphrey and Sterling.
ABSENT: None.
City staff members present were: City Administrator Melena, City Clerk Mueller,
City Attorney Sheldon, Finance Director Ballenger, Personnel Director Boland, City
Planner Kelley, Police Chief Rivers, Assistant to Administrator Weldon and
Community Development Director Welsch.
Vice President Humphrey called the meeting to order at 11:09 p.m. and noted it is
the 1991 organizational meeting for the authority. He then accepted nominations
for officers.
NOMIN- of Holton, seconded by Goodwin, nominating Mayor Holton as NOMINATE
ATION: President, Councilmember Sterling as Treasurer and City Clerk OFFICERS
Mueller as Secretary of the Economic Development Authority.
• MOTION: of Holton, seconded by Goodwin, adopting Resolution No. EDA- RES. EDA -91 -1
91 -1 appointing 1991 officers of the Economic Development APPOINT OFFICERS
Authority as: President - Holton, Vice President - Humphrey,
Secretary - Mueller, Treasurer - Sterling and Assistant
Treasurer - Mueller. Ayes - 4 - Nays - 0.
President Holton then assumed the chair.
MOTION: of Goodwin, seconded by Humphrey, approving the minutes of SEPT. 6, 1990
the special meeting of September 6th, 1990, as written. Ayes MINUTES
- 3 - Nays - 0 (Sterling Abstained).
MOTION: of Goodwin, seconded by Humphrey, authorizing issuance of the RYAN CERTIFICATE
Certificate of Completion to Ryan Construction Company under OF COMPLETION &
the Contract for Private Development dated September 21, CROSS EASEMENTS
1989, for Tax Increment Financing District No. 9 and
authorizing the President and Secretary to sign the same
subject to filing cross parking easements for Lots 4 and 5,
Block 1, Southport Centre. Ayes - 4 - Nays - 0.
MOTION: of Humphrey, seconded by Goodwin, adopting Resolution No. RES. EDA -91 -2
EDA -91 -2 establishing guidelines under which the Economic LOAN FUND
Development Authority will offer a "resolution of support" GUIDELINES
for an applicant business enterprise to use small business
revolving loan funds through the Community Development Block
IP Grant program administered by the Dakota County HRA. Ayes -
4 - Nays - 0.
ECONOMIC DEVELOPMENT AUTHORITY •
City of Apple Valley
Dakota County, Minnesota
January 31, 1991 -
Page 2
MOTION: of Humphrey, seconded by Goodwin, authorizing City Staff to PREPARE FOR
prepare the necessary documentation to sell bonds to finance BOND SALE
the purchase cost of City of Apple Valley Liquor Store,
$274,000, and First Federal Saving & Loan Building, $265,000,
totaling $539,000. Ayes - 4 - Nays - 0.
MOTION: of Sterling, seconded by Humphrey, to adjourn. Ayes - 4 - Nays - 0.
The meeting was adjourned at 11:17 o'clock p.m.
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