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HomeMy WebLinkAbout05/25/2017 MeetingECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota May 25, 2017 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held May 25, 2017, at 5:30 p.m., at Apple Valley Municipal Center. PRESENT: Commissioners Bergman, Goodwin, Hamann -Roland and Hooppaw ABSENT: Grendahl, Maguire and Melander City staff members present were: Executive Director Tom Lawell, City Attorney Michael Dougherty, Community Development Director Bruce Nordquist, Finance Director Ron Hedberg, Public Works Director Matt Saam, City Engineer Brandon Anderson and Department Assistant Joan Murphy. Meeting was called to order at 5:30 p.m. by President Goodwin. APPROVAL OF AGENDA MOTION: of Hooppaw, seconded by Hamann -Roland, approving the agenda. Ayes - 4 - Nays - 0. CONSENT AGENDA MOTION: of Hamann -Roland, seconded by Bergman, approving the minutes of the meeting of April 13, 2017, as written. Ayes - 4 - Nays - 0. MOTION: of Hamann -Roland, seconded by Bergman, adopting Resolution No. EDA 2017-03 authorizing the execution of a tax increment revenue note for Uponor North America. Ayes - 4 - Nays - 0. ORCHARD PLACE AND THE USE OF TAX INCREMENT FINANCING FOR REDEVELOPMENT Community Development Director Bruce Nordquist provided an Orchard Path overview, an update concerning ongoing discussion about beneficial elements and improvements with staff and the property owner/developer — Rockport, LLC — and provided an introduction to the use of tax increment for redevelopment of the active mining area. Liza Robson, Rockport, LLC, and the Kimley-Horn project team provided additional information. Tammy Omdal, Northland Securities, provided updates and addressed development performance timelines. Discussion followed. Economic Development Authority City of Apple Valley Dakota County, Minnesota May 25, 2017 Page 2 ADJOURNMENT MOTION: of Bergman, seconded by Hooppaw, to adjourn. Ayes - 4 - Nays - 0. The meeting was adjourned at 6:52 p.m. Respectfully Submitted, J Murphy, Departme Assis Approved by the Apple Valley E Development Authority on Tom Goodwin, President