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HomeMy WebLinkAbout11/20/2012 MeetingECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota November 20, 2012 ABSENT: None APPROVAL OF AGENDA Meeting was called to order at 9:18 p.m. by President Severson. APPROVAL OF MINUTES Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held November 20, 2012, at 7:00 o'clock p.m., at Apple Valley Municipal Center. PRESENT: President Severson, Commissioners Bergman, Goodwin, Grendahl, Hamann- Roland, Hooppaw and Melander. City staff members present were: Executive Director Lawell, City Attorney Dougherty, Associate City Planner Bodmer, Associate City Planner Dykes, Finance Director Hedberg, City Planner Lovelace, Community Development Director Nordquist, and Department Assistant Murphy. MOTION: of Hamann-Roland, seconded by Hooppaw, approving the agenda. Ayes - 7 - Nays - 0. MOTION: of Hamann-Roland, seconded by Goodwin, approving the minutes of the special meeting of November 8, 2012, as written. Ayes - 6 - Nays — 0 — Abstain — 1 (Melander). REIMBURSEMENT FOR BLUEWATER AQUATIC CENTER, 5885 — 149TH STREET W. MOTION: of Bergman, seconded by Hamann-Roland, adopting Resolution No. EDA 12-14 approving reimbursement request for Bluewater Aquatic Center in the amount of $149,900.00 for substantial building improvements. Ayes - 7 — Nays - 0. AMENDMENTS TO MASTER DEVELOPMENT PROGRAM, THE ESTABLISHMENT OF TAX INCREMENT FINANCING DISTRICT NO. 15 AND APPROVING THE TAX INCREMENT FINANCING PLAN THEREFOR. Finance Director Ron Hedberg provided an overview to consider amendments to the Master Development District to include a new district, TIF District #15, Parkside Village. He stated that, earlier in the evening, the City Council held a public hearing, modified and established the new district. Economic Development Authority City of Apple Valley Dakota County, Minnesota November 20, 2012 Page 2 Discussion followed. MOTION: of Hooppaw, seconded by Goodwin, adopting Resolution No. EDA-12-15, approving amendments to Master Development Program for Master Development District, the establishment of Tax Increment Financing District No. 15 and approving the Tax Increment Financing Plan therefor. Ayes - 6 - Nays — 1 — (Grendahl). PROJECT UPDATES Community Development Director Bruce Nordquist conveyed a message from Jim Wise, Wise Swim School, who was on site earlier but had another commitment. Mr. Wise wished to thank the EDA for the business support given to him for Bluewater Aquatic Center. ADJOURNMENT MOTION: of Grendahl, seconded by Hamann-Roland, to adjourn. Ayes - 7 - Nays - 0. The meeting was adjourned at 9:42 p.m. Respectfully Submitted, Jo t Murphy, Department A istant Approved by the Apple Valley Economic Development Authority on