HomeMy WebLinkAbout03/26/1992 • ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
March 26, 1992
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held March 26th, 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, Finance Director Ballenger, Personnel Director Boland,
Public Works Director, Cretz, Parks & Recreation Director Johnson, City Planner
Kelley, Assistant to Administrator Weldon and Community Development Director
Welsch.
President Holton called the meeting to order at 10:58 p.m.
MOTION: of Humphrey, seconded by Goodwin, approving the minutes of MARCH 12, 1992
the special meeting of March 12th, 1992, as written. Ayes - MINUTES
5 - Nays - 0.
• Mr. Melena reviewed a letter dated March 20, 1992, from Pannekoeken SKIPPER'S
Huis Restaurants, counteroffering $337,000, until March 27, 1992, to SITE
sell the property on the northeast corner of Cedar Avenue and County ACQUISITION
Road 42. He said he would not recommended accepting it. Council-
member Humphrey asked if an offer was made on only the parcel on which the
Skipper's building is located? Mr. Melena said it was, but they were not
interested in selling that parcel alone.
Councilmember Sterling said she believes $300,000 is the most that should be
offered for the property. Councilmember Humphrey said he would agree plus an
additional $12,000 for unpaid taxes on the property, however he is concerned
about acquiring the lease without owning the property under it.
MOTION: of Holton, seconded by Sterling, authorizing Staff to SKIPPER'S
exercise the option to acquire the lease for Skipper's site LEASE OPTION
(part of Lot 1, Block 1, Apple Valley Commercial Addition)
for a total of $150,000. Ayes - 4 - Nays - 1 (Humphrey).
MOTION: of Goodwin, seconded by Erickson, authorizing Staff to OFFER TO
extend a counteroffer to purchase the Skipper's site land PURCHASE
and east parcel (Lot 1, Block 1, Apple Valley Commercial SKIPPER'S SITE
Addition) for $312,000 until April 9, 1992. Ayes - 4 - Nays
- 1 (Sterling).
Mr. Melena said the Skipper's lease includes a 30 -day notice provision SKIPPER'S
• which Skipper's had to give to Oxborough Development. On April 19, CLOSING
ECONOMIC DEVELOPMENT AUTHORITY
• City of Apple Valley
Dakota County, Minnesota
March 26, 1992
Page 2
1992, the funds will be wire transferred and the lease transaction completed. It
will then be possible to do some outside cleanup on the site. A recommendation
on what should be done will be brought back at the next meeting.
MOTION: of Goodwin, seconded by Humphrey, 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 AGE
purchase of the old Liquor Store building (on part of Valley
Commercial Park 1st Addition) as requested in Mr. Neck's
letter dated March 24, 1992. Ayes - 5 - Nays - 0.
p
MOTION: of Humphrey, seconded by Goodwin, to adjourn. Ayes - 5 - Nays - 0.
The meeting was adjourned at 11:25 o'clock p.m.
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