HomeMy WebLinkAbout03/12/1992 ECONOMIC DEVELOPMENT AUTHORITY
• City of Apple Valley
Dakota County, Minnesota
March 12, 1992
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held March 12th, 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, Personnel Director Boland, Public Works Director, Gretz,
Parks & Recreation Director Johnson, Police Chief Rivers and Assistant to
Administrator Weldon.
President Holton called the meeting to order at 11:55 p.m.
MOTION: of Erickson, seconded by Humphrey, approving the minutes of FEB. 27, 1992
the special meeting of February 27th, 1992, as written. MINUTES
Ayes - 5 - Nays 0.
• Mr. Melena reported that he has contacted the owner and bank concern- SKIPPER'S
ing acquisition of the property on the northeast corner of Cedar SITE
Avenue and County Road 42. He recommended extending an offer of ACQUISITION
$300,000, until March 20, 1992, to purchase both the east and west
portions of the property. He also recommended exercising the option to acquire
the lease. It has been determined that if the EDA makes this acquisition and
leases the property to another business, it will not have to pay relocation costs
if the property is redeveloped as long as this stipulation is included in the
lease between the EDA and the business.
MOTION: of Humphrey, seconded by Holton, authorizing Staff to extend OFFER TO
an offer to purchase the Skipper's site land and east parcel PURCHASE
(Lot 1, Block 1, Apple Valley Commercial Addition) for SKIPPER'S SITE
$300,000 until March 20, 1992; and authorizing exercising
the option to acquire the lease for Skipper's site subject
to owning the land under that portion also, west parcel.
Ayes - 5 - Nays - 0.
MOTION: of Sterling, seconded by Erickson, setting a special meeting SET SPECIAL
at 8:00 p.m. on March 26, 1992, for further consideration of MEETING
the Skipper's site purchase and such other items as may come
before the Board. Ayes - 5 - Nays - 0.
MOTION: of Humphrey, seconded by Erickson, to adjourn. Ayes - 5 - Nays - 0.
The meeting was adjourned at 12:15 o'clock a.m.
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