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HomeMy WebLinkAboutEDA - August 6, 2014C I T Y O F NDOVE: 1685 CROSSTOWN BOULEVARD N.W.. ANDOVER, MINNESOTA 55304 . (763) 755 -5100 FAX (763) 755 -8923 . WWW.ANDOVERMN.GOV ECONOMIC DEVELOPMENT AUTHORITY MEETING August 6, 2014 6:00 p.m. Conference Rooms A & B 1. Call to Order — 6:00 p.m. 2. Approve Meeting Minutes (June 3, 2014 Regular) 3. EDA Activity Update 4. Andover Station North Update 5. Redevelopment Discussion/Update 6. Other Business 7. Adjournment 1665 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 . (763) 755 -5100 FAX (763) 755 -6923 • WWW.AN DOVE RM N.GOV TO: Economic Development Authority CC: Jim Dickinson, City Administrator FROM: Michelle Harmer, Deputy City Clerk SUBJECT: Approval of Minutes DATE: August 6, 2014 INTRODUCTION The following minutes were provided by Staff reviewed by Administration and submitted for EDA approval: June 3, 2014 Regular DISCUSSION The minutes are attached for your review. ACTION REQUIRED The EDA is requested to approve the above minutes. Respectfully submitted, Michelle Hartner Deputy City Clerk Attach: Minutes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 ANDOVER ECONOMICDEVELOPMENTAUTHORITYMEETING JUNE 3, 2014 - MINUTES A meeting of the Andover Economic Development Authority was i Gamache, June 3, 2014, 6:30 p.m., at the Andover City Hall, 1 Andover, Minnesota. Present: Commissioners Sheri Bukkila, Ton Trude (arrived at 6;32pm.), Joyce' Absent: None Also present: Community Development Director, Executive Director; Jim Dickinson APPROVAL OF MINUTES May 20, 2014, Motion by Knight, S66nded by unanimously. AT of the d to order by President Mike Crosstown Boulevard NW, •d, Mike Knight, Julie and Timothy Cleven , Dave as presented. Motion carried TION 2 — LAND SALE Mr. Carlb -- stated accordmg3o Stare Statute the EDA must hold a public hearing prior to any land sale. Lots 1 -6, Block 3,-- Parkside at Andover Station 2nd Addition are proposed to be sold. Mr. Carlberg indicated the 616ts being sold are intended to be included in the buyer's proposed residential single - family develop-rient adjacent to this property. Motion by Bukkila, unanimously. to open the public hearing at 6:33 p.m. Motion carried No one wished to address the Commission. Motion by Trude, seconded by Knight, to close the public hearing at 6:34 p.m. Motion carried unanimously. Motion by Knight, Seconded by Bukkila approving resolution R002 -14, allowing the land sale of Lots 1 -6, Block 3, Parkside at Andover Station 2nd Addition. Motion carried unanimously. Andover Economic Development Authority Meeting Minutes —June 3, 2014 Page 2 APPROVE PURCHASE AGREEMENT — POVLITZEI PROPERTIES LIP 2 3 Mr. Carlberg indicated the EDA is requested to approve the purchase agreement with Povlitzki 4 Properties, LLP for the sale of Lots 1 -6, Block 3, Parkside at Andover Station 2"d Addition. He 5 stated the purchase price is for $75,000, $10,000 earnest money and $65,000 paid at closing. A 6 closing date of September 1, 2014 has been scheduled. The purchase agreement has been sent to 7 Mr. Povlitzki and his attorney for their review. 9 Mr. Dickinson stated Mr. Povlitzki is waiting for approval from his attorney. Mr. Povlitzki has 10 no concerns with the purchase agreement. 11 12 Motion by Bukkila, Seconded by Howard, approving the purchase agreement, pending City 13 Attorney approval and allowing for minor negotiations based on Executive Director approval. 14 Motion carried unanimously. 15 16 ANDOVER STATION NORTH UPDATE 17 18 Mr. Dickinson stated he was contacted by DSTI. The EDA has a purchase agreement with DSTI 19 to close July 1, 2014. DSTI would like to extend the closing date to the end of the year. DSTI 20 will put up another $20,000 in non - refundable earnest money. DSTI would have a total of 21 $40,000 in earnest money. 22 23 Motion by Trude, Seconded by Howard authorizing the Executive Director and EDA President to 24 negotiate an extension and closing date for the purchase agreement with DSTI no later than 25 December 31, 2014. Motion carried unanimously. 26 27 Mr. Dickinson indicated the bank parcel is set to close with Premier Bank. 28 29 Commissioner Twistol asked if Measurement Specialties will be putting up a temporary sign, so 30 residents know what is being built on the site. Mr. Carlberg answered he will check with 31 Measurement Specialties. 32 33 REDEVELOPMENT DISCUSSION UPDATE 34 35 Mr. Carlberg indicated the Limited Site Investigation (LSI) report was submitted to the MPCA 36 by the April 27, 2014 deadline. The report recommends closing the file since results showed no 37 fiuther contamination. The MPCA is behind and has not yet reviewed the report. 38 39 OTHER BUSINESS 40 41 Mr. Carlberg reminded the EDA of the Andover Business Development Day on June 18th. He 42 indicated the number of registered golf teams is down this year compared to last year. Staff has 43 been contacting hole sponsors and participants from last year that have not yet registered. 44 Andover Economic Development Authority Meeting Minutes — June 3, 2014 Page 3 1 Commissioner Twistol suggested the EDA schedule a workshop to discuss what the EDA has 2 accomplished and what the EDA has planned for the future. Mr. Dickinson stated he will email 3 the EDA with possible dates to have the workshop. 4 5 ADJOURNMENT 6 7 Motion by Twistol, Seconded by Bukkila to adjourn. Motion carried unanimously. The meeting 8 adjourned at 6:58 p.m. 9 10 Respectfully submitted, 11 12 13 Michelle Hartner, Recording Secretary C I T Y O F NDOVE: 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755.5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: EDA President and Board CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Deve meet Director SUBJECT: EDA Activity - Project Status Report DATE: August 6, 2014 INTRODUCTION ( D This memo provides a brief update of all EDA activities. Further details will be provided at the meeting. 2014 Special EDA Events — "Concert in the Park" — EDA last discussed in September 2013. Staff has not received any feedback from the public on discontinuing the concerts this past year. Staff has also been working on getting a dock built for the pond near Target. John Portesan constructed a dock the weekend of July 25 -27 as an Eagle Scout project with assistance /supervision from Commissioner Howard that was funded by the EDA. 2014 Andover Business Development Day — The event was held on Wednesday, June 18, 2014 at the Rum River Hills Golf Club in Ramsey. A total of 76 participated in the dinner /program with 71 participating in the golf tournament. This is slightly below past years attendance numbers. Andover Station Area Medians — No activity to report. Walmart has completed the median changes in front of their store last fall. Andover Station North — Staff is still waiting for a signed purchase agreement on the 1.31 acre lot located in front of Blue Fin Pool and Spa on Bunker and Ibis Street. Developer (Mission Development LLQ is negotiating with the end user the size of the office building to be built which will likely be larger than the 6,000 s.f. initially planned. Staff is also marketing the last available site next to the Foundation Hill Montessori School with some interest for a chiropractic clinic /office building. Crosstown/Bunker Redevelopment Sites —The MPCA upon reviewing the Limited Site Investigation required additional borings and vapor testing to determine the extent of the contamination from the tanks that leaked back in 1993 that have since been removed. Peer Engineering has taken the samples and are currently analyzing the data. Once analyzed the results of the testing will be provided to the MPCA requesting closure of the site. Staff is monitoring the area for potential acquisitions as they become available. Parkside at Andover Station — Capstone purchased the 8 -plex lot on the south side of 139`s Avenue NW on December 13, 2013. Building Permit has been applied for and construction is pending. Staff is also working with Brad Povlitzki on the purchase of the 4 -plex lot that remains on the south side of 1390" Avenue NW. Monument(Entrance Signs — The sign located on Bunker Lake Blvd. at the Ham Lake border will be relocated with the reconstruction of Bunker by Anoka County. Once re- installed, the sign can be landscaped. The sign on the corner of Crosstown and Bunker will become a project for an Eagle Scout to do the landscaping work this summer. ACTION REQUESTED Receive a presentation from staff and provide direction if necessary. Respectfully submitted, ) David L. Carlberg 2 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: EDA President and Commission CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Development Director SUBJECT: Andover Station North Update DATE: August 6, 2014 Dynamic Sealing Technologies, Inc. (13901 Jav Street NW) The Addendum to Purchase Agreement has been executed to move the closing date from July 1, 2014 to December 31, 2014 for the purchase of the 7.26 acre parcel. Measurement Specialties (1711 139` Lane NW) Construction continues on the 52,000 s.f. building with a December completion date. Staff will have the gas monitoring probe installed on the north side of the building in late summer or early fall. Mission Development Office Building (13753 Ibis Street NW) EDA held a public hearing at the May 20, 2014 meeting and directed staff to prepare a purchase agreement to sell the lot to Mission Development, LLC to build a 6,000 s.f. office building. The Purchase Agreement has been prepared and Staff is waiting to receive signed copies from Mission Development. ACTION REQUESTED Receive update. Respectfully submitted, 4D 4, 0--� c4a David L. Carlberg C' 0 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: President and Commissioners FROM: Jim Dickinson, Executive Director David L. Carlberg, Community Develo ent Director SUBJECT: Redevelopment Area Discussion Update DATE: August 6, 2014 INTRODUCTION The EDA is requested to receive an update from staff on the redevelopment of the Bunker Lake Boulevard/Crosstown Drive /Crosstown Boulevard area. ACTION REQUESTED The EDA is requested to continue discussions on the redevelopment of this area. Respectfully submitted, David L. Carlberg