HomeMy WebLinkAbout09/25/2014 MeetingECONOMIC DEVELOPMENT AUTHORITY
City of Apple Valley
Dakota County, Minnesota
September 25, 2014
Minutes of the special meeting of the Economic Development Authority of Apple Valley, Dakota
County, Minnesota, held September 25, 2014, at 6:00 p.m., at Apple Valley Municipal Center.
PRESENT: Commissioners Goodwin, Bergman, Grendahl, Hamann-Roland, Hooppaw, and
Melander.
ABSENT: Commissioner Maguire
City staff members present were: Executive Director Tom Lawell, City Attorney Michael
Dougherty, Community Development Director Bruce Nordquist, Finance Director Ron Hedberg,
City Planner Tom Lovelace, Planner Kathy Bodmer, Planner Margaret Dykes, and Department
Assistant Murphy.
Meeting was called to order at 6:00 p.m. by President Goodwin.
APPROVAL OF AGENDA
MOTION: of Hamann-Roland, seconded by Bergman, approving the agenda. Ayes - 6 - Nays
- 0.
APPROVAL OF MINUTES
MOTION: of Hamann-Roland, seconded by Hooppaw, approving the minutes of the special
meeting of July 10, 2014, as written. Ayes - 5 - Nays — 0. Abstain — 1 — Melander.
CONSENT AGENDA
MOTION: of Hooppaw, seconded by Melander, adopting Resolution No. EDA-2014-06,
approving partially forgiving repayment of the business subsidy for Time Square.
Ayes - 6 - Nays — 0.
PARKSIDE VILLAGE
Planner Kathy Bodmer stated the owners of the Parkside Village development, IMH Special Asset
NT 175 - AVN, LLC and Titan Development I, LLC, are moving forward with the development of
the 196-unit Parkside Village Gabella multiple family building at 6904 Gabella St., north of
Kelley Park. IMH Special Asset NT 175 - AVN, LLC, and Titan Development 1, LLC want to
create a new ownership group, IMH Gabella, LLC, to manage the financing and construction of
the Gabella project. The property owners are also in the process of securing mortgage financing
for the construction of the Gabella building.
The Parkside Village development is subject to an approved Business Subsidy Agreement which
requires the Apple Valley Economic Development Authority (EDA) and City Council review and
consent to any transfer of ownership, after the EDA conducts a public hearing. In addition, the
Economic Development Authority
City of Apple Valley
Dakota County, Minnesota
September 25, 2014
Page 2
property is subject to a Development Assistance Agreement, which requires the City and EDA
consent to any mortgages to fund construction of the project.
Discussion followed.
6. Other
THRIVE 2040 HOUSING POLICY PLAN
Community Development Director Bruce Nordquist presented the Thrive 2040 Housing Policy
Plan. He stated the Metropolitan Council embarked on the decennial planning process, entitled
Thrive MSP 2040. This work culminates with a new Comprehensive Plan for the City of Apple
Valley by 2018 for the time period up to 2040. The 2030 Comprehensive Plan for Apple Valley is
approaching its mid-term with guiding land use policies for development priorities and strategies
already underway.
Discussion followed.
7. Staff Updates.
VITALOCITY ! WORKSHOP
Planner Margaret Dykes commented the Vitalocity Development Workshop would be taking place
September 30 — October 2, 2014 in Apple Valley. Partners and guests would be available as
groups to discuss the themes and to develop these themes into design, service and communication
challenges and solutions. They would examine and define an integrated approach to resolving the
challenges identified creating or making better an aging friendly Apple Valley.
President Goodwin recessed the meeting at 6:45 p.m.
The meeting reconvened at 7:00 p.m.
PARKSIDE \TILLAGE continued:
President Goodwin opened the public hearing at 7:00 p.m.
No one from the public was present to speak.
President Goodwin closed the public hearing at 7:01 p.m.
MOTION: of Hooppaw, seconded by Bergman, adopting Resolution No. EDA-2014-07,
clarifying the amended and restated development assistance agreement, consenting
to partial assignment of development agreements and authorizing execution of
consent. Ayes - 6 - Nays — 0.
Economic Development Authority
City of Apple Valley
Dakota County, Minnesota
September 25, 2014
Page 3
MOTION: of Hamann-Roland, seconded by Melander, adopting Resolution No. EDA-2014-08,
approving consenting to the mortgage on Gabella Property. Ayes - 6 - Nays — 0.
MOTION: of Hamann-Roland, seconded by Melander, adopting Resolution No. EDA-2014-09,
approving consenting to the mortgage on Galante Property. Ayes - 6 - Nays — 0.
ADJOURNMENT
MOTION: of Grendahl, seconded by Hooppaw, to adjourn. Ayes - 6 - Nays - 0.
The meeting was adjourned at 7:02 p.m.
Respectfully Submitted,
n Murphy, Departmen
Assi
Approved by the Apple Valley Economic Development Authority on