HomeMy WebLinkAbout08/11/1994 1111 ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
August 11, 1994
Minutes of the special meeting of the Economic Development Authority of Apple
Valley, Dakota County, Minnesota, held August llth, 1994, at 7:00 o'clock p.m. at
Apple Valley City Hall.
PRESENT: President Branning; Commissioners Erickson, Goodwin, Humphrey and Sterling.
ABSENT: None.
Staff members present were: City Administrator Gretz, Secretary Mueller, City
Attorney Sheldon, City Engineer Gordon, Administrative Intern Grawe, Community
Development Director Kelley, Planning Intern Kragness, and Public Works Director
Miranowski.
President Branning called the meeting to order at 7:00 p.m.
MOTION: of Goodwin, 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 JULY 28, 1994
. the special meeting of July 28th, 1994, as written. Ayes - MINUTES
5 - Nays - 0.
Janna King, the City's economic development consultant, reported that CR 42 & CEDAR
she has reviewed several hotel /motel and restaurant proposals in the DEVELOPMENT
last two weeks for the northeast corner of County Road 42 and Cedar PROPOSALS
Avenue. Some were very strong; Country Inn Suites, Appleby's and Old
Chicago. Fuddrucker's submitted a fax this afternoon indicating it would use a
full service restaurant concept to comply with zoning if selected.
She distributed concept sketches of two options, dated August 10, 1994, prepared
by CNH Architects, for the site. A parking analysis of both options was
included. This will be reviewed in more detail in the next two weeks. The
concept of having the property on both sides of Glazier Avenue developed by a
single developer has also emerged. A private developer has indicated a
willingness to put the package together.
Commissioner Erickson said he would like to see a new appraisal on the EDA's
property and concurs with the option of a hotel and two restaurants, but would
like more information on costs and assistance requested.
Commissioner Sterling agreed with the option of a hotel, with internal meeting
rooms, on the north side of Glazier and two restaurants on the corner.
Commissioner Humphrey agrees with one private developer for the site and would
support a subsidy for a hotel. He would consider parking variances if needed.
1111 Commissioner Goodwin said he would agree to some type of subsidy for a hotel, but
would need verification of how much. A new appraisal might not be necessary
since indications are the land is now worth $5.50 per square foot.
ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley •
Dakota County, Minnesota
August 11, 1994
Page 2
President Branning commented on the efforts involved to bring in the proposals
and said there would be further discussion at the next meeting.
John Voss, representing the Sherman Group (Old Chicago Restaurant and SHERMAN GROUP
Country Inn Suites), said they would like to be the private developer PROPOSAL
for the CR 42 /Cedar site. They will acquire the property on the north
side of Glazier for a motel in which they will incorporate meeting room space.
The motel will require free land. They will ask that the City release the two
restaurant sites to use that revenue to finance the motel site. They have filed
a letter of intent to purchase the land on the north side. The Old Chicago
restaurant will be 6,000 square feet and the other restaurant has not been
determined yet. They would expect to perform in less than a year.
MOTION: of Sterling, seconded by Humphrey, approving proceeding with PRIVATE
preparation of an agreement with the Sherman Group to be the DEVELOPMENT
private developer for the site on the northeast corner of AGREEMENT
County Road 42 and Cedar Avenue.
Commissioner Goodwin said he understood this was informational only and action
would not be taken at this meeting. Commissioner Erickson agreed. •
Mr. Voss said the request is for the purpose of drafting an agreement which would
come back for approval. They would like some action from the Board before
•
continuing. Ken Sherman was present and said the proposal will require more
effort to determine what type of motel subsidy will be needed. They would like
to know that there is some commitment before proceeding.
Vote was taken on the motion. Ayes - 5 - Nays - 0.
MOTION: of Humphrey, seconded by Sterling, setting the next meeting SET NEXT
of the EDA for 7:00 p.m. on August 25, 1994. Ayes - 5 - MEETING
Nays - O.
MOTION: of Sterling, seconded by Goodwin, to adjourn. Ayes - 5 - Nays - 0.
The meeting was adjourned at 7:50 o'clock p.m.
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