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HomeMy WebLinkAbout04/10/2003ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota April 10, 2003 Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held April 10th, 2003, at 7:30 o’clock a.m., at Apple Valley Municipal Center. PRESENT: Commissioners Bergman, Erickson, Grendahl, and Hamann-Roland. ABSENT: President Severson; Commissioners Edgeton and Goodwin. Staff members present were: Executive Director Lawell, Secretary Mueller, City Attorney Dougherty, Assistant to the City Administrator Grawe, and City Planner Lovelace. Acting President Erickson called the meeting to order at 7:34 a.m. APPROVAL OF AGENDA MOTION: of Grendahl, seconded by Bergman, approving the agenda for today’s meeting as amended. Ayes - 4 - Nays - 0. MINUTES MOTION: of Grendahl, seconded by Hamann-Roland, approving the minutes of the special meeting of December 20th, 2002, as written. Ayes - 3 - Nays - 0 (Bergman Abstained). APPOINTMENT OF OFFICERS Resolution No. EDA-03-1 MOTION: of Bergman, seconded by Hamann-Roland, adopting appointing 2003 officers of the Economic Development Authority as: President - Severson, Vice-President - Goodwin, Secretary - Mueller, Treasurer - Erickson, and Assistant Treasurer - Mueller. Ayes - 4 - Nays - 0. AMENDMENT OF BUSINESS SUBSIDY POLICY Mr. Lawell reviewed the Community Development Director’s memo dated April 7, 2003, describing proposed amendment of the Business Subsidy Policy. Due to state law changes, effective May 1, 2003; policies no longer can allow case-by-case determinations on job creation and wage level requirements. Prior to amending the policy, a hearing is required and it is suggested the hearing be held at the Board’s next meeting. MOTION: of Hamann-Roland, second ed by Grendahl, setting a special meeting and public hearing to consider amendments to the current Business Subsidy Policy, at 7:30 a.m., on April 24, 2003, as described in the Community Development Director’s memo dated April 7, 2003. Ayes - 4 - Nays - 0. ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota April 10, 2003 Page 2 PURCHASE OF COUNTY ROAD 42 EXCESS RIGHT-OF-WAY Mr. Lovelace reviewed the Community Development Director’s memo dated April 7, 2003, describing the recommendation to purchase excess right-of-way for County Road 42 from Dakota County. The property would be combined into the plat of Knob Ridge Business Park and sold to Manley Land Development. Dakota County approved the sale at $1.75 per square foot. MOTION: of Hamann-Roland, seconded by Bergman, approving the purchase of the remainder of parcel ID number 01-02600-010-76 from Dakota County, at a price of $1.75 per square foot, and authorizing execution of the necessary documents as recommended in the Community Development Director’s memo dated April 7, 2003. Ayes - 4 - Nays - 0. LEGACY OF APPLE VALLEY UPDATE Mr. Dougherty advised that the Board that a closing was scheduled yesterday on the sale of property from D. W. Investment for The Legacy of Apple Valley plat. This plat contains the Tuscany Apartment lot as well as one of the outlots that will be sold to Town & Country Builders to be replatted as Legacy Square Townhomes. Before The Legacy plat could be released a letter of credit was required to ensure that all Development Agreement requirements are completed. The Hartford Group did not provide the letter of credit and would like to ask the City Council that it be deferred until a building permit for the apartment is taken out. The original intent was that these property closings were going to occur simultaneously. Award of a contract for the improvements is on the Council meeting agenda and may need to be delayed until the letter of credit issue is resolved. MOTION: of Grendahl, seconded by Bergman, to adjourn. Ayes - 4 - Nays - 0. The meeting was adjourned at 7:52 o’clock a.m.