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HomeMy WebLinkAbout10/28/1993 • ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota October 28, 1993 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held October 28th, 1993, at 7:00 o'clock p.m. at Apple Valley City Hall. PRESENT: President Branning; Commissioners Erickson, Goodwin, Humphrey and Sterling. ABSENT: None. City staff members present were: Executive Director Melena, Secretary Mueller, City Attorney Sheldon, Finance Director Ballenger, Community Development Director Gretz and Parks & Recreation Director Johnson. President Branning called the meeting to order at 7:00 p.m. MOTION: of Erickson, seconded by Sterling, approving the agenda for APPROVE AGENDA tonight's meeting as presented. Ayes - 5 - Nays - 0. MOTION: of Sterling, seconded by Erickson, approving the minutes of SEPT. 23, 1993 the special meeting of September 23rd, 1993, as written. MINUTES • Ayes - 5 - Nays - 0. The Board received a report dated October 25, 1993, summarizing BUS. ASSIST. business assistance program agreement costs incurred to date. Mr. PROGRAM Melena reviewed the information, based on a total of $250,000 budgeted REPORT for the entire program. Of the total, $60,000 is shown as reserved for assistance to Enderes Tools. This leaves a remaining balance of $3,696. The Board received a list of applications on file under the business BUS. ASSIST. assistance program as summarized in the memo dated October 25, 1993. PROGRAM They are from Alan Schmucker, John Thompson, Apple Valley Counseling APPLICATIONS Clinic, Dakota Valley Psychologists, and English & Associates. Commissioner Sterling asked for clarification of Dr. Thompson's application, which had preliminary approval on May 27, 1993, but was resubmitted. Dr. Thompson was present and said he had initially submitted an application, under the incubator program, to start a new chiropractic clinic. He was not able to proceed then and when he reviewed the amount of space needed, he no longer qualified for the incubator program. He resubmitted the application and would like assistance under whatever program is available. He asked whether the Board would consider providing more funds for the program? President Branning said all projects and budgets would have to be reviewed before additional funding could be considered for this program. Commissioner Erickson noted that funds from this program have been set aside for a particular company. 1110 If that does not proceed, it may make additional funds available. ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley • Dakota County, Minnesota October 28, 1993 Page 2 MOTION: of Sterling, seconded by Erickson, accepting the ADVANCED application, dated September 21, 1993, of Dr. John Thompson, CHIROPRACTIC Advanced Chiropractic of Apple Valley, for business rental BUSINESS ASST. assistance totaling approximately $3,696.36, over one year, APPLICATION. for 1,612 square feet of space; and directing the Attorney to prepare the necessary agreement. Commissioner Humphrey said if the project for which funds have been set aside falls through, he would consider extending additional funds to this applicant as well as the others on the list. Vote was taken on the motion. Ayes - 4 - Nays - 1 (Goodwin). Mr. Melena advised the Board that there has been no answer yet on ENDERES TOOLS whether Enderes Tools will accept the assistance package proposed to ASSISTANCE. it by the EDA. He has been informed that a decision will be made on October 29, 1993, and he will advise the Board what happens. Commissioner Erickson asked if the EDA's offer will be withdrawn if no decision is made? Mr. Melena said no time limit was put on the offer when it was made. President Branning asked that rather than act on a time limit now, that the Board consider • it at its next meeting. MOTION: of Erickson, seconded by Sterling, setting the next Board SET NEXT meeting at 7:00 p.m. on November 9, 1993, at City Hall. Ayes MEETING - 5 - Nays - 0. MOTION: of Sterling, seconded by Humphrey, to adjourn. Ayes - 5 - Nays - 0. The meeting was adjourned at 7:25 o'clock p.m. • -