HomeMy WebLinkAbout12/26/2019 EDA Meeting•••
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Apple II
Valley
Meeting Location: Municipal Center
7100 147th Street West
Apple Valley, Minnesota 55124
December 26, 2019
ECONOMIC DEVELOPMENT AUTHORITY REGULAR
MEETING TENTATIVE AGENDA
6:15 PM
1. Call to Order
2. Approve Agenda
3. Approve Consent Agenda Items
Consent Agenda Items are considered routine and will be enacted with a
single motion, without discussion, unless a commissioner or citizen requests
to have any item separately considered. It will then be moved to the regular
agenda for consideration.
A. Approve Minutes of September 26, 2019, Regular Meeting
B. Approve 2020 Meeting Calendar
4. Regular Agenda Items
A. Zvago Update
B. Convene into Closed Session to Discuss the Potential of Acquiring
Property Located at 5751 - 150th Street West
5. Staff Updates
6. Adjourn
Regular meetings are broadcast, live, on Charter Communications Cable Channel
180 and on the City's website at www.cityofapplevalley.org
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ITEM:
EDA MEETI NG DATE:
SECTION:
3.A.
December 26, 2019
Consent Agenda
Description:
Approve Minutes of September 26, 2019, Regular Meeting
Staff Contact:
Joan Murphy, Department Assistant
Department / Division:
Community Development Department
ACTION REQUESTED:
Approve minutes of regular meeting of September 26, 2019.
SUMMARY:
The minutes of the regular Economic Development Authority meeting are attached for your
review and approval.
BACKGROUND:
State statute requires the creation and preservation of meeting minutes which document the
official actions and proceedings of public governing bodies.
BUDGET IMPACT:
N/A
ATTACHMENTS:
Minutes
ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
September 26, 2019
Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota
County, Minnesota, held September 26, 2019, at 6:15 p.m., at Apple Valley Municipal Center.
PRESENT: Commissioners Bergman, Goodwin, Grendahl, Hamann -Roland, Hooppaw and
Johnson.
ABSENT: Melander
City staff members present were: Executive Director Tom Lawell, Community Development
Director Bruce Nordquist, Finance Director Ron Hedberg and Department Assistant Joan Murphy.
Meeting was called to order at 6:15 p.m. by President Hooppaw.
APPROVAL OF AGENDA
MOTION: of Goodwin, seconded by Grendahl, approving the agenda. Ayes - 5 - Nays - 0.
CONSENT AGENDA
MOTION: of Hamann -Roland, seconded by Grendahl, approving the minutes of the meeting of
July 25, 2019, as written. Ayes - 5 - Nays - 0.
Commissioner Bergman arrived at 6:17 p.m.
PRELIMINARY 2020 EDA BUDGET
Finance Director Ron Hedberg stated the proposed 2020 budget, approved by the City Council in
their annual budget, includes the Economic Development Operations Fund. The proposed budget
includes the anticipated activities in 2020. If the need arises to address development opportunities,
such as Business Retention, Expansion and Attraction (BREA) activities, future action would be
requested to address the need. He reviewed the budget documents that relate to this fund and its use
by the EDA.
Discussion followed. No action on this item was taken.
CLOSE MEETING - ATTORNEY-CLIENT PRIVILEGE
MOTION: of Hamann -Roland, seconded by Grendahl, to enter into a closed meeting and
convene in closed session to discuss the interest in acquiring property at 5751 — 150th
Street W. Ayes - 6 - Nays - 0.
The closed meeting took place in the Regent Conference Room at 6:33 p.m. In attendance were
President Hooppaw, Commissioners Bergman, Goodwin, Grendahl, Hamann -Roland and Johnson;
City Administrator Lawell, City Attorney Dougherty, Community Development Director
Nordquist, Finance Director Ron Hedberg and Department Assistant Murphy. The meeting was
tape recorded as required by law. The EDA reconvened in open session at 6:50 p.m.
Economic Development Authority
City of Apple Valley
Dakota County, Minnesota
September 26, 2019
Page 2
ADJOURNMENT
MOTION: of Bergman, seconded by Hamann -Roland, to adjourn. Ayes - 6 - Nays - 0.
The meeting was adjourned at 6:52 p.m.
Respectfully Submitted,
/s/ Joan Murphy
Joan Murphy, Department Assistant
Approved by the Apple Valley Economic
Development Authority on Clint Hooppaw, President
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ITEM:
EDA MEETI NG DATE:
SECTION:
3.B.
December 26, 2019
Consent Agenda
Description:
Approve 2020 Meeting Calendar
Staff Contact:
Joan Murphy, Department Assistant
Department / Division:
Community Development Department
ACTION REQUESTED:
Motion to approve the 2020 meeting calendar.
SUMMARY:
Meetings are held on the fourth Thursday of every other month at 6:00 p.m. at the Apple
Valley Municipal Center, 7100 - 147th Street West.
Thursday, January 23, 2020
Thursday, March 26, 2020
Thursday, May 28, 2020
Thursday, July 23, 2020
Thursday, September 24, 2020
Tuesday, December 22, 2020
(Tuesday due to holiday)
Thursday, January 28, 2021
BACKGROUND:
N/A
BUDGET IMPACT:
N/A
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ITEM:
EDA MEETI NG DATE:
SECTION:
4.A.
December 26, 2019
Regular Agenda
Description:
Zvago Update
Staff Contact:
Bruce Nordquist, Community Development Director, Al CP
Department / Division:
Community Development Department
ACTION REQUESTED:
Discussion only.
SUMMARY:
During the last 5 years, the EDA and City have partnered with Village Pointe Plaza at the
"triangle" site. By being awarded a $1.1 million Livable Communities grant from the
Metropolitan Council, the City successfully responded to a tax forfeiture by a prior
owner/developer and proceeded with a private/public partnership for a mixed use
development at the strategic center of the Central Village.
Dakota County sold the land to the City in lieu of foreclosure for the stated amount which
allowed the EDA to establish a development strategy with Village Pointe Plaza (Tim
Nichols), OneTwoOne (Tim Nichols and Ecumen) and Zvago, the recently completed active
living senior cooperative. Site planning included the 58 -unit cooperative, to be followed by
the addition of approximately 30,000 sq. ft. of commercial property along Galaxie Avenue.
Zvago was completed this year and only one unit remains to be sold. There have been
multiple conversations to date with brokers, businesses and developers to proceed on the
commercial portion of the triangle.
Staff and the development partners recognize that in the absence of completing the
commercial portion, there is a performance default. Legal Counsel has notified the parties,
Village Pointe Plaza, OneTwoOne Development and Zvago Cooperative as final cost
certifications related to Zvago are now being completed. The notice recognizes obligations
that direct resources back to the EDA and the City if the default is not promptly addressed.
Staff has taken the approach to continue working with the development partners while making
sure resources due to the EDA and City are withheld and remain secure. In turn, new
marketing efforts are planned by Village Pointe Plaza to identify commercial users for the
remainder commercial parcel.
BACKGROUND:
N/A
BUDGET IMPACT:
N/A
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Apple
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Valley
ITEM:
EDA MEETI NG DATE:
SECTION:
4.B.
December 26, 2019
Regular Agenda
Description:
Convene into Closed Session to Discuss the Potential of Acquiring Property Located at 5751 -
150th Street West
Staff Contact:
Bruce Nordquist, Community Development Director
Department/ Division:
Community Development Department
ACTION REQUESTED:
Convene into Closed Session to Discuss the Potential of Acquiring Property Located at
5751 - 150th Street West.
SUMMARY:
A closed session with the EDA is scheduled.
BACKGROUND:
N/A
BUDGET IMPACT:
N/A