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HomeMy WebLinkAboutEDA - October 6, 2015C I T Y O F NDOVEA 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304•(763)755 -5100 FAX (763) 755 -8923 • WWW.AN DOVE RMN. GOV ECONOMIC DEVELOPMENT AUTHORITY MEETING October 6, 2015 6:00 p.m. Conference Rooms A & B 1. Call to Order — 6:00 p.m. 2. Approval of Minutes (September 1, 2015) 3. Purchase Agreement Updates 4. EDA Project Updates 5. Redevelopment Updates (verbal) 6. Other Business 7. Closed Session (Bunker /Crosstown Redevelopment Property Acquisition/Sell Negotiations) 8. Adjournment NDOVE 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.ANDOVERMN.GOV TO: Economic Development Authority CC: Jim Dickinson, City Administrator FROM: Michelle Harmer, Deputy City Clerk SUBJECT: Approval of Minutes DATE: October 6, 2015 INTRODUCTION The following minutes were provided by TimeSaver reviewed by Administration and submitted for EDA approval: September 1, 2015 Regular DISCUSSION The minutes me attached for your review. ACTION REQUIRED The EDA is requested to approve the above minutes. Respectfully submitted, Michelle Harmer 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 ECONOMIC DEVELOPMENTA UTHORITYMEETING SEPTEMBER 1, 2015 MINUTES The Meeting of the Andover Economic Development Authority_ Julie Trade, September 1, 2015, 6:00 p.m., at the Andover C' NW, Andover, Minnesota. � - Present: Commissioners Mike Km—1 rt, SM James Goodrich, T' y Cleven Absent: None Also present: Executive Dir Tim Dickinson Community Deve ent Direc tui Others APPROVAL OFMINUTES- President Trade stated 2gjggb nne, line "She stated we don't knoi'obow r of Hanson" instead ofd".Wcst of Hanson" Motion by Motion cm UNO, NORTH is called to order by President 1685 Crosstown Boulevard Valerie Holthus, Twistol Dave The sentence should read two, line 34 should be "east , 2015 minutes with changes. 'URCHASE A GREEMENT WITH LEON OF LOT 2, BLOCK 1, ANDOVER STATION Community DevelWmt Dired6f Carlberg stated the EDA is requested to approve the attached Amendment Two to thETurcluWAgreement with Leon Properties Uno, LLC for the sale of Lot 2, Block 1, Andover Stattpnfiprih 2nd Addition. Mr. Carlberg reviewed the information with the Commission indicating SBA financing requirements is the driver of the amendment, building and site reviews continue. Motion by Knight, seconded by Twistol, to approve the Amendment Two to the Purchase Agreement. Motion carried unanimously. APPROVE SHARED PARKING AND ACCESS AGREEMENT WITH GREAT RIVER ENERGY -13753 IBIS STREET NW 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 Andover Economic Development Authority Meeting Minutes — September 1, 2015 Page 2 Community Development Director Carlberg stated the EDA is requested to approve the Shared Parking and Access Agreement between the Andover EDA and Great River Energy (GRE) located at 13753 Ibis Street NW. Mr. Carlberg reviewed the staff report with the Commission. Commissioner Cleven indicated on item 3, it states under `Prohibited Uses of the Premises" that no party shall have the right to use the property of the other Party for any purpose, except ingress /egress, so he wondered what that meant. Mr. Carlberg indicated Acapulco will not be able to park on the GRE property, but will be able to park up to the property line. Commissioner Holthus asked what the likelihood would be of the GRE property to develop. Mr. Carlberg stated staff had a meeting with GRE and there is a good possibility of that site developing. Mr. Carlberg stated GRE thought this was a win/win situation. Motion by Goodrich, Seconded by Cleven to approve the Shared Parking and Access Agreement between the Andover Economic Development Authority (EDA) and Great River Energy (GRE) located at 13753 Ibis Street NW. Motion carried unanimously. APPROVE PURCHASE AGREEMENT — 13 725 CROSSTOWN DRIVE NW — INVENTURE PROPERTIES, LLC Community Development Director Carlberg stated the EDA is requested to approve the Purchase Agreement with hrventure Properties, LLC for the sale of the 1.5 acre parcel located at 13725 Crosstown Drive NW. Mr. Doug Boser, Boser Construction, Marshall Weems, Mission Development and Jim Schleper, Inventure Properties were at the meeting. Commissioner Bukkila stated why is there a concern of having a $50,000 buffer for contamination clean up if the building will not be anywhere near the possible contamination. Mr. Carlberg explained the reason why Inventure Properties, LLC is requesting ajoint effort with the EDA on removal of contaminated soil, if needed. Mr. Buser stated they are working with PEER Engineering and SEH on this project and the reason why they are asking for the contingency is if they cannot get financing because the financing organizations are looking at the contamination then the project fails so this is a collaborative effort to partner with the City and the EDA on this project. There was discussion on the EPA monitoring of the site. Mr. Carlberg stated the EPA has closed the site and do not consider it a concern anymore. 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 Andover Economic Development Authority Meeting Minutes — September 1, 2015 Page 3 Commissioner Holthus asked what the costs are on just the testing. Mr. Boser stated they are going to be getting those costs and will bring this back to city staff before they do any work. Commissioner Bukkila asked if there is a sunset date in place for the contamination clean up contingency. Mr. Carlberg stated there is not and the EDA might want to consider this before approval of the purchase agreement. President Trade stated they have not had any specifics as to what would be built on the site except for the drawing and she wondered if they will append this as the proposal somewhere. She stated she has a concern for the looks of the building and wants to make sure it is comparable to the surrounding properties. Mr. Weems stated this is going to be a great looking building. It will be a two story, Class A office building. Mr. Buser stated this will still be a wood building with wrapping insulation around the outside of the building with brick and stone exterior with metal panel accents. Commissioner Bukkila stated she would like to see a sunset date placed on the contingency of $50,000 for contamination cleanup costs. Motion by Bukkila, Seconded by Twistol, to approve the Purchase Agreement, as amended with the provision that the contingency sunsets two years from the date of closing and direct staff to complete the land sale. Motion carried unanimously. ECONOMIC DEVELOPMENT UPDATES Community Development Director Carlberg stated he ordered banners last week for Andover Station Parkway and some of the stores are ordering the same banners for their sites. President Trade stated she would like to have a name for the pond by Target. She thought this could go out in the newsletter and ask for recommendations from the community. Commissioner Twistol thought they could have a contest. There was discussion regarding potential development within Andover Station South and sites available. Mr. Carlberg stated he has been looking for a site for an entrance sign coming into Andover along Hanson Boulevard and he thinks a good place would be across from the Sheriff's Station. He noted the cost will be $1,500 to run electricity to the location. He showed on the map where he thought a sign could be placed. Andover Economic Development Authority Meeting Minutes —September 1, 2015 Page 4 1 REDEVELOPMENT UPDATES 2 3 There was no discussion. 4 5 OTHER BUSINESS 6 7 Tbere was no discussion. 8 9 ADJOURNMENT 10 11 Motion by Commissioner Bukkila, Seconded by Commissioner Holthus, to adjourn. Motion 12 carried unanimously. The meeting adjourned at 6:54 p.m. 13 14 Respectfully submitted, 15 16 Sue Osbeck, Recording Secretary C I T Y O F 3 CTY 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 CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Development Director SUBJECT: Purchase Agreement Updates DATE: October 6, 2015 INTRODUCTION The EDA is requested to receive an update from the Community Development Director on recently approved purchase agreements. DISCUSSION Inventure Properties, LLC — The Purchase Agreement (PA) was approved by the EDA on September 1, 2015. A December 1, 2015 closing date was established in accordance with the approved PA. Staff is currently working with Boser Construction, Inc. the general contractor for the project on the preliminary site designs. The EDA is asked to consider recommending to the City Council the possible conveyance of an additional small parcel of land adjacent to the site to allow adequate room for a 6,000 s.f. daycare facility to be located north of the proposed 12,000 s.E two story office building. Leon Properties Uno, LLC (Acapulco Restaurant) — The land sale closing did not occur on October 1, 2015 due to SBA financing approval. Closing was rescheduled to Monday, October 5th. The Commercial Site Plan (CSP) has been approved. Building Permit is ready to be issued. The opening of the restaurant will likely occur in July 2016. ACTION REOUESTED Receive presentation and provide input as necessary Respectfully submitted, David L. Carlberg 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 Members CC: Jim Dickinson, Executive Director FROM: David L. Carlberg, Community Developmen irector SUBJECT: EDA Project Updates DATE: October 6, 2015 This memo provides a brief update of EDA activities. Further details will be provided at the meeting. DISCUSSION Bunker Lake Blvd. Medians On June 16, Prairie Restorations (PR) did a median sweep, which involved a chemical application to control cool season grasses and unwanted weeds. On July 2, the City mowed the medians and PR planted dozens of potted perennials (flowers). These were planted at no charge to the City, as many of the flowers planted last fall did not survive. PR also applied Lupine seeds, which is a native flower that does well in hot dry sites and should add some color to the medians. PR will do a site visit this spring to determine the success of the plugs as the potted perennials have likely gone or are very close to going dormant. Andover Station Area Banners Banners were installed the week of September 28`h. Banners were placed at the main entrance to Andover Station and Andover Station North in the areas of Jay Street, Martin Street and Quinn Street. Electronic Message Entrance Sign The estimated cost to provide electrical service to the sign is estimated at $1,500.00. Will be working with a sign company on design and pricing. ACTION REQUESTED Receive a presentation from staff and provide direction if necessary. Respectfully submitted, David L. Cazlberg