Loading...
HomeMy WebLinkAbout08/22/2013 MeetingMinutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota County, Minnesota, held August 22, 2013, at 6:30 o'clock p.m., at Apple Valley Municipal Center. ECONOMIC DEVELOPMENT AUTHORITY City of Apple Valley Dakota County, Minnesota August 22, 2013 PRESENT: Commissioners Goodwin, Bergman, Hamann-Roland, Hooppaw, and Melander. ABSENT: Commissioner Grendahl City staff members present were: Executive Director Lawell, City Attorney Dougherty, Public Works Director Blomstrom, City Planner Lovelace, Planner Bodmer, Planner Dykes, City Engineer Manson, and Department Assistant Murphy. Meeting was called to order at 6:30 p.m. by Vice-President Goodwin. APPROVAL OF AGENDA MOTION: of Hamann-Roland, seconded by Bergman, approving the agenda. Ayes - 5 - Nays - 0. APPROVAL OF MINUTES MOTION: of Bergman, seconded by Melander, approving the minutes of the special meeting of January 24, 2013, as written. Ayes - 5 - Nays — 0. . APPROVE $15,000 FUNDING REQUEST FOR CONSULTANT'S WORK RELATED TO IMPLEMENTATION OF BRTOD GUIDE PLAN AND ORDINANCE Planner Kathy Bodmer reviewed for consideration a grant agreement and contract for professional services that would accept grant funding and hire a consultant to complete the Bus Rapid Transit Oriented Development (BRTOD) Guide Plan Phase 2 Implementation project. The BRTOD Guide Plan would be used to guide development and redevelopment of the Y2-mile area surrounding the Cedar Avenue transit stations. Discussion followed. MOTION: of Hamann-Roland, seconded by Hooppaw, directly this item to be discussed at EDA workshop. Ayes - 5 - Nays — 0. ADOPT RESOLUTION AUTHORIZING EXECUTION OF TAX INCREMENT REVENUE, NOTE FOR APPLE VALLEY BUSINESS CAMPUS Finance Director Ron Hedberg stated that on June 4, 2012, the EDA approved a development assistance agreement with SPOWD Developments LLC. The development assistance agreement included a "pay as you go" financing provision where the developer could be reimbursed for Economic Development Authority City of Apple Valley Dakota County, Minnesota August 22, 2013 Page 2 eligible development costs related to the construction of 147th Street and Felton Court that led to the construction of two buildings in the phase of the Apple Valley Business Campus. Discussion followed. MOTION: of Hooppaw, seconded by Hamann-Roland, adopting Resolution No. EDA 2013-04 authorizing the execution of Tax Increment Revenue Note for Apple Valley Business Campus. Ayes - 5 - Nays — 0. ADJOURNMENT MOTION: of Bergman, seconded by Hooppaw, to adjourn. Ayes - 5 - Nays - 0. The meeting was adjourned at 6:45 p.m. Respectfully Submitted, Approved by the Apple Valley Economic Development Authority on 7