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HomeMy WebLinkAbout04/23/1992 1111 ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota April 23, 1992 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held April 23rd, 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, Assistant Finance Director Eklund, Parks & Recreation Director Johnson, City Planner Kelley, Police Chief Rivers, Assistant to Administrator Weldon and Community Development Director Welsch. President Holton called the meeting to order at 10:39 p.m. MOTION: of Erickson, seconded by Humphrey, approving the minutes of APR. 9, 1992 the special meeting of April 9th, 1992, as written. Ayes - MINUTES 5 - Nays - 0. 1111 Mr. Kelley reviewed his memo dated April 23, 1992, concerning an REVOLVING LOA application by Autoworks, Inc., for a $50,000 loan from the Small APPLICATION Business Revolving Loan Fund. The EDA's authority in this process is to review a preapplication to ensure that the business activity is consistent with land use and general economic development goals. The application is then submitted to the Dakota County HRA which administers the program and works with the local lending institutions during the loan review and approval process. MOTION: of Sterling, seconded by Erickson, adopting Resolution No. RES. EDA -92 -3 EDA -92 -3 finding that a car care facility on Lots 1 and 2, AUTOWORKS Block 3, Valley Commercial Park 2nd Addition, is in con- REVOLVING LOA formance with the City's land use regulations and economic APPLICATION development goals and offering a "Resolution of Support" for Autoworks, Inc., application for use of $50,000 of CDBG Revolving Loan Fund monies. Ayes - 5 - Nays - 0. Mr. Melena reviewed a request dated April 14, 1992, from WIRSBO WIRSBO FOREIG Corporation for $16,000 of funding of upfront costs to establish a TRADE SUBZONE Foreign Trade Subzone on its property at 5925 West 148th Street. APPLICATION This type of subzone would be site and /or product specific. The Board also received a letter dated April 21, 1992, from Mr. O'Meara indicating that, in his opinion, tax increment /economic development revenues could not legitimately be used to provide that kind of assistance. Mr. Melena said Staff has not talked with the Foreign Trade Zone Commission to determine if the EDA itself could be 4110 the applicant for such a zone and whether the zone could incorporate a larger area to entice development. ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley • Dakota County, Minnesota April 23, 1992 Page 2 MOTION: of Humphrey, seconded by Goodwin, tabling WIRSBO's funding TABLE WIRSBO request to assist in establishing a Foreign Trade Subzone REQUEST pending a request from Staff to reconsider the item. Ayes - 5 - Nays - 0. Mr. Melena said, as of 2:40 p.m. today, the EDA now holds the lease SKIPPER'S on the Skipper's building. The attorneys are still completing acqui- LEASE & SITE sition of the property on the northeast corner of Cedar Avenue and ACQUISITION County Road 42. Closing costs and approximately $5,700.00 of special assessments have not yet been resolved. He suggested each party pay its own closing costs and the special assessments be split evenly. MOTION: of Goodwin, seconded by Erickson, authorizing a 50/50 split SKIPPER'S of closing costs and special assessments for acquisition of CLOSING & the Skipper's site land and east parcel (Lot 1, Block 1, ASSESSMENTS Apple Valley Commercial Addition). Ayes - 5 - Nays - 0. Mr. Melena said the Apple Valley High School Senior Class Parents have asked for some of the nautical items from the Skipper's building for use as decorations at the senior class party. The Park Department would like to transplant shrubs from the site to other park areas. Once the EDA has closed on the land, someone may 4 111 be interested in acquiring the building. A request for proposals could be prepared to determine interest. MOTION: of Sterling, seconded by Humphrey, finding that extraneous DISPOSE OF Skipper's building items and landscape plantings are of no SKIPPER'S SITE further use on Lot 1, Block 1, Apple Valley Commercial ITEMS & R.F.P. Addition, and approving disposing of them by giving them to FOR BUILDING the Apple Valley High School Senior Class Parents and City Parks Department; and further authorizing preparation of a request for proposals to sell the building and move it out of the City, subject to closing on the land purchase. Ayes - 5 - Nays - 0. MOTION: of Humphrey, seconded by Goodwin, setting a special meeting SET SPECIAL at 8:00 p.m. on June 9, 1992, to consider tax increment MEETING financing amendments and such other business as may come before the Board. Ayes - 5 - Nays - 0. MOTION: of Erickson, seconded by Goodwin, to adjourn. Ayes - 5 - Nays - 0. The meeting was adjourned at 11:10 o'clock p.m. 1111