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HomeMy WebLinkAboutSeptember 18, 2012I T Y O F 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.ANDOVERMN.GOV ECONOMIC DEVELOPMENT AUTHORITY MEETING September 18, 2012 6:00 p.m. Conference Rooms A & B 1. Call to Order — 6:00 p.m. 2. Approval of Minutes (August 15, 2012 Special; August 21, 2012 Regular) 3. Presentation — Cherrywood Advanced Living — Marshall Weems 0 4. Approve Cancellation, Abolishment and Revocation of Declaration of Easements, Covenants Conditions and Restrictions — Parkside at Andover Station Village Homes 5. EDA Activity - Project Status Update 6. Closed Session. Property Negotiations PID #33- 32 -24 -13 -0046 7. Discuss /Authorize Pursuing a Purchase Agreement PID #33- 32 -24 -13 -0046 8. Other Business 9. Adjournment H L_ Ln ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING SEPTEMBER 18, 2012 - MINUTES A meeting of the Andover Economic Development Authority was called to order by Vice President Julie Trade, September 18, 2012, 6:01 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: Absent: Also present: APPROVAL OF MINUTES President Mike Gamache (arrived 6:17) Commissioners Sheri Bukkila, Tony Howard (arrived 6:02 pm), Mike Knight, and Joyce Twistol Robert Nowak Community Development Director, David Carlberg Executive Director, Jim Dickinson Public Works Director /City Engineer, Dave Berkowitz Others August 15, 2012, Special Meeting: Correct as presented. Motion by Bukkila, Seconded by Knight, approval of the Minutes as presented. Motion carried unanimously (Trade present). August 21, 2012, Regular Meeting: Correct as presented. Motion by Bukkila, Seconded by Knight, approval of the Minutes as presented. Motion carried unanimously. PRESENTATION - CHERRYWOOD ADVANCED LIVING MARSHALL WEEMS Mr. Carlberg introduced Mr. Marshall Weems, Chief Development Officer of Cherrywood Advanced Living. Mr. Weems presented a handout of his presentation to the EDA. Mr. Weems indicated the facility would be a single level, 20 unit building. Cherrywood Advanced Living believes Andover is an ideal location for this type of facility. © Andover Economic Development Authority Meeting Minutes — September 18, 2012 Page 2 Mr. Weems stated the benefits to the community would be: • Older adults can stay in their community • Job creation • Real estate taxes generated • Construction jobs • Most money generated stays local Mr. Weems indicated Cherrywood Advanced Living develops and builds the Cherrywood home and then the home is sold to an investor or an HRA or EDA who receives a monthly lease payment. Cherrywood continues to manage and maintain the home. Commissioner Knight asked if there is an age requirement and what the rent costs. Mr. Weems answered there is no age requirement and the cost per month can range from $3,100 - $7,100 depending on the level of care needed. Commissioner Howard asked what happens in 20 years when the lease agreement is up. Mr. © Weems indicated the lease can be resigned or the building can be used for something else. It is whatever the investor chooses to do. Commissioner Trude stated she feels like this is being presented as a franchise. She asked if the specs are adjustable to each community. Mr. Weems answered the specs are adjustable to a certain extent. Mr. Dickinson stated the presentation is to get the product in front of the EDA. Options are available, investor owned or HRA or EDA owned. It was presented to the EDA because the parcel Cherrywood is interested in is owned by the EDA. Commissioner Bukkila stated she has no interest in the EDA owning the facility and the building would need to match current development in the area. Commissioner Knight agreed. Commissioner Howard stated he agrees with Commissioner Bukkila and would like to see an upgraded site plan with more landscaping. Commissioner Trude stated with the average age of Andover residents being 35, she feels the City would not be able to fill the facility. Commissioner Twistol stated she feels the facility is a good investment and would like to see the EDA own it. She feels there is a need for this type of facility and it would fill up fast. © President Gamache stated there is a need for advanced care in this area and it would be a good fit for the City. He would like more information regarding both options. Mr. Dickinson indicated there is enough EDA interest to move forward. More information on © Andover Economic Development Authority Meeting Minutes — September 18, 2012 Page 3 both options will be brought back to a future meeting. The EDA thanked Mr. Weems for the presentation. APPROVE CANCELLATION, ABOLISHMENT AND REVOCATION OF DECLARATION OF EASEMENTS, CONVENANTS CONDITIONS AND RESTRICTIONS PARKSIDE AT ANDOVER STATION VILLAGE HOMES Mr. Carlberg indicated there is a revised attachment to approve cancellation, abolishment and revocation of declaration of easements, covenants, conditions and restrictions — Parkside at Andover Station Village Homes. Commissioner Trude indicated she is concerned that without covenants in place the appearance of the area will change when sheds and fences go up. She suggested talking to Capstone Homes about putting covenants in place. Mr. Carlberg stated he will contact Capstone Homes regarding the covenants issue. 4 Motion by Knight, Seconded by Howard approving cancellation, abolishment and revocation of declaration of easements, covenants, conditions and restrictions — Parkside at Andover Station Village Homes. Motion carried unanimously. The EDA recessed at 6:50 p.m. to go into a closed session to discuss Property Negotiations PID #33- 32 -24 -13 -0046. The EDA reconvened at 6:52 p.m. from the closed session. DISCUSSIA UTHORIZE PURSUING A PURCHASE AGREEMENT PID #33- 32 -24 -13 -0046 Motion by Trude, Seconded by Knight authorizing Staff to pursue a purchase agreement for the property at 13725 Crosstown Drive, the purchase agreement is to come back at a future EDA meeting for formal approval. Motion carried unanimously. Mr. Dickinson introduced Marty Fischer representing Mardot Properties. OTHER BUSINESS Mr. Carlberg indicated he is looking for feedback from the EDA regarding the message board on Crosstown/Bunker Lake Boulevard. ® Commissioner Trude stated the top of the sign is not bright enough at night. Mr. Carlberg suggested having Demars Signs add more LED lights. Commissioner Howard stated adding lights to the sign should not be at the City's expense. © Andover Economic Development Authority Meeting Minutes — September 18, 2012 Page 4 Mr. Carlberg asked about the "welcome to" portion of the sign. The consensus of the EDA was to change the sign from "welcome to" to the City of Andover logo. Mr. Carlberg stated he will contact Demars Signs and come back to a future EDA meeting with options and pricing regarding the lighting and changing the sign with the City logo. ADJOURNMENT Motion by Bukkila, Seconded by Trude to adjourn. Motion carried unanimously. The meeting adjourned at 6:59 p.m. Respectfully submitted, Michelle Hartner, Recording Secretary x U