HomeMy WebLinkAbout02/27/1992 ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
February 27, 1992
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held February 27th, 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: City Administrator Melena, City Clerk Mueller,
City Attorney Sheldon, City Engineer Gordon, Finance Director Ballenger,
Personnel Director Boland, Public Works Director, Gretz, Associate Planner
Hickok, Parks & Recreation Director Johnson, Police Chief Rivers and Assistant to
Administrator Weldon.
President Holton called the meeting to order at 11:30 p.m.
MOTION: of Erickson, seconded by Sterling, approving the minutes of DEC. 30, 1991
the special meetings of December 30th, 1991, and January JAN. 7, 1992
7th, 1992, as written. Ayes - 4 - Nays - 0 (Humphrey MINUTES
• Abstained).
Mayor Holton called the public hearing to order at 11:31 p.m. to con- PUBLIC HEARING
sider the sale of Outlot C, Falcon Ridge Trail, and noted receipt of SELL OUTLOT C
the affidavit of publication of the hearing notice. This property FALCON RIDGE
was acquired, as tax forfeit property, from the State of Minnesota.
The intent of the acquisition was to convey it to the adjoining property owner
and have it combined with that lot. The Mayor asked for questions or comments
from the Council and the public. There were none and the hearing was declared
closed at 11:32 p.m.
MOTION: of Sterling, seconded by Goodwin, adopting Resolution No. RES. EDA -92 -2
EDA -92 -2 finding that the private sale of Outlot C, Falcon CONVEY O.L. C
Ridge Trail, is in the public interest and approving the FALCON RIDGE
sale to Jim Penkivech subject to: the property being used
only for residential purposes, reimbursement of all fees and
expenses and combining the property with Lot 1, Block 1,
Falcon Ridge Trail. Ayes - 5 - Nays - 0.
MOTION: of Goodwin, seconded by Sterling, approving extension of the EXTEND NECK
terms provided in items 5(b), (c) and (d) of the Purchase LIQ. STORE
Agreement dated December 26, 1991, with Larry Neck for PURCHASE AGRMT
purchase of the old Liquor Store building (on part of Valley
Commercial Park 1st Addition) as requested in Mr. Neck's
letter dated February 10, 1992. Ayes - 5 - Nays - 0.
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ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
•
Dakota County, Minnesota
February 27, 1992
Page 2
Mr. Melena reviewed the memo dated February 25, 1992, concerning ex- SKIPPER'S
piration of the option to acquire the lease for the Skipper's site OPTION
property on March 31, 1992. He showed maps with alternates as to how EXPIRATION
the site would fit into redevelopment of the northeast corner of Cedar
Avenue and County Road 42. If the option is exercised, it would give control of
the building and land lease. Lease payments would be $10,000.00 per year. A
condition of the lease is that the building cannot be demolished unless it is
replaced with another building. If a business is allowed to use the building and
the property is redeveloped, there is a potential for payment of relocation
costs. The Attorney is reviewing this aspect further.
Commissioner Sterling expressed concern about the building being left empty for •
an extended period of time. Commissioner Erickson said he would prefer to buy
the land rather than just the lease. Commissioner Humphrey agreed and said he
would also prefer to own the site to the east, but would like to look at
alternatives before making a decision.
MOTION: of Sterling, seconded by Humphrey, authorizing Staff to PURSUE SKIPPIK
pursue outright purchase of the Skipper's site land (part of SITE PURCHAS1
Apple Valley Commercial Addition) prior to considering •
exercise of the option to acquire the lease. Ayes - 5 -
Nays - 0.
MOTION: of Humphrey, seconded by Sterling, setting a special meeting SET SPECIAL
at 8:00 p.m. on May 14, 1992, for the purpose of holding a 1EETING
public hearing to consider amending the financing plan for
Tax Increment Financing District No. 1 of No. 2, south of
County Road 42, and such other items as may come before the
Board. Ayes - 5 - Nays - 0.
MOTION: of Goodwin, seconded by Sterling, to adjourn. Ayes - 5 - Nays - 0.
The meeting was adjourned at 11:50 o'clock p.m.
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