HomeMy WebLinkAbout11/23/1999ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
November 23, 1999
Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota
County, Minnesota, held November 23rd, 1999, at 7:30 o’clock a.m., at Apple Valley City Hall.
PRESENT: President Severson; Commissioners Edgeton, Erickson, Goodwin, Grendahl,
Hamann-Roland, and Sterling.
ABSENT: None.
Staff members present were: Executive Director Lawell, Secretary Mueller, Assistant to the City
Administrator Grawe, Community Development Director Kelley, and Public Works Director
Miranowski.
President Severson called the meeting to order at 7:30 a.m.
APPROVAL OF AGENDA
MOTION: of Grendahl, seconded by Hamann-Roland, approving the agenda for today’s
meeting as presented. Ayes - 7 - Nays - 0.
MINUTES
MOTION: of Sterling, seconded by Grendahl, approving the minutes of the special meeting of
October 14th, 1999, as written. Ayes - 7 - Nays - 0.
VALLEY BUSINESS PARK CONSENT TO MORTGAGE
MOTION: of Er ickson, seconded by Grendahl, approving the Consent to allow a mortgage to
be filed over Lot 1, Block 1, Valley Business Park, as attached to the Community
Development Director’s memo dated November 19, 1999, and authorizing the
President and Secretary to sign the necessary documents. Ayes - 7 - Nays - 0.
TAX INCREMENT & DEVELOPMENT DISTRICT PLAN AMENDMENTS
Mr. Lawell advised the Board that the City Council will be holding a public hearing on December
21, 1999, to consider amending the Master Development Program and tax increment financing
plans. Mr. Miranowski updated the Board on these proposed amendments which will allow use
of pooled tax increment dollars to buy the 10-acre McNamara property located east of the Central
Maintenance Facility (CMF). Five acres of the property will be used by CMF and the remaining
five acres can be used by the HRA for housing.
In order to fund the purchase, a purchase agreement will have to be executed by the end of the
year. A price of $1,600,000 has been tentatively agreed upon with seller responsible for costs of
environmental clean up if needed. A budget has been prepared allowing $110,000 for relocation
ECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
November 23, 1999
Page 2
of Tri-State Machinery now operating on the site. The budget allows for removal of the building
and relocation of the pipeline at the site and on CMF property.
The Board will also need to approve the amendments and set a special meeting for December 21,
1999, for this action.
MOTION: of Grendahl, seconded by Sterling, to adjourn. Ayes - 7 - Nays - 0.
The meeting was adjourned at 7:50 o’clock a.m.