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HomeMy WebLinkAbout10/10/1991 1111 ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota October 10, 1991 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held October 10th, 1991, at 8:00 o'clock p.m. at Apple Valley City Hall. PRESENT: President Holton; Commissioners Erickson, Humphrey and Sterling. ABSENT: Commissioner Goodwin. City staff members present were: City Administrator Melena, City Clerk Mueller, City Attorney Sheldon, City Engineer Gordon, Finance Director Ballenger, Personnel Director Boland, Public Works Director Gretz, City Planner Kelley, Police Chief Rivers, Assistant to Administrator Weldon and Community Development Director Welsch. President Holton called the meeting to order at 9:26 p.m. MOTION: of Humphrey, seconded by Erickson, approving the minutes of SEPT. 12, 1991 the special meeting of September 12th, 1991, as written. MINUTES Ayes - 4 - Nays - 0. • The Board received a summary of the purchase agreement for sale of the LIQUOR STORE old liquor store building with Terry Armstrong. Mr. Sheldon reviewed BLDG. SALE the items and noted that the agreement should provide that buyer is Mr. Armstrong, or his assigns, should he form a partnership or corporation. He noted that the buyer must obtain a commitment for financing by November 30, 1991, or the agreement may be terminated. MOTION: of Humphrey, seconded by Sterling, approving the Purchase ARMSTRONG Agreement with Terry Armstrong for the old Liquor Store PURCHASE OF Building, 14805 Granada, at a purchase price of $211,000.00, LIQUOR BLDG. and authorizing the President and Secretary to sign the same. Ayes - 4 - Nays - 0. MOTION: of Humphrey, seconded by Erickson, to adjourn. Ayes - 4 - Nays - 0. The meeting was adjourned at 9:31 o'clock p.m. •