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HomeMy WebLinkAboutJuly 15, 2003 ~1tóòŸÈ~ 0 ~QQj ~ q-~-ò3 ~) 1685 CROSSTOWN BOULEVARD N.W, . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW,CI.ANDOVER.MN.US CITY OF ANDOVER ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING July 15, 2003 - 6:00 p.m. CONFERENCE ROOM A AGENDA 1. Call to Order 2. Approve Minutes - July 1, 2003 3. Developer Option Extension Request (Continued) 4. Review Andover Station North RFP 5. Authorize Market Appraisal for Andover Station North 6. Discuss EDA Role in Business Appreciation Day and Business í,\ Recognition Program 0 7. Other Business 8. Adjourn CJ 0 CITY o F NDOVE 0 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 I FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US SPECIAL ECONOMIC DEVELOPMENT AUTHORITY MEETING JULY 15,2003 -MINUTES A Special Meeting of the Andover Economic Development Authority was called to order by President Mike Gamache at 6:04 p.m., Tuesday, July 15, 2003 at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Commissioners Present: Mike Knight, Don Jacobson, Julie Trude, Fred Larsen (arrived at 6:05 p.m.), Ken Orttel (arrived at 6:07 p.m.) Commissioners Absent: Robert Nowak, Ed Schultz Also Present: John Erar, Executive Director Will Neumeister, Community Development Director Others APPROVAL OF MINUTES Motion by Jacobson, seconded by Knight to approve the minutes of July 1, 2003 as (J written. Motion carried on a 5-yes, I-present (Trude) vote. DEVELOPER OPTION EXTENSION REQUEST (CONTINUED) Mr. Erar explained that United Properties has requested an extension on the option agreement for 180 days to allow Target time to address site development issues. Keith DIstad, United Properties, explained that the day after the last EDA meeting Target requested an extension without the conditional aspects recommended by the EDA at the July 1, 2003 meeting. He noted that they have a signed purchase agreement with Ryan Companies and Target is ready to sign a purchase agreement with Ryan. Target needs to know that they have some time to do soil borings, etc. Commissioner Trude stated she was under the impression that this was an extension of the time to develop and now understands it is an extension to the time when we actually sell the property, which will, be at the same price originally agreed upon. She noted that the value of the property is going to keep going up. Mr. Ulstad explained that the extension must be approved in order to get Target to come in. He also noted that they are creating a lot more land for the city to sell by reconfiguring the property. 8 0 eJ () Special EDA Meeting July 15, 2003 - Minutes Page 2 Mr. Erar stated that without the reconfiguration Walgreens would not be coming in. He also explained that the 180 days would allow Target to move forward with the project. The only delay is with the development of the site. Commissioner Jacobson noted that the original idea for cleaning up the junkyards was to get that property back on the tax rolls. It's still a plus for the city because it was an eyesore when the junkyards were there. Motion by Jacobson, seconded by Orttel that we approve the request for extension on the option to purchase the property in Andover Station South until no later than April 15, 2005. Motion carried unanimously. APPRO V AL OF THE RFP FOR ANDOVER STATION NORTH Mr. Neumeister explained that staff has prepared a Request for Proposals for Andover ~~) Station North and the EDA is requested to review the RFP. The following change was suggested: Page 4, Item #5 should read "Possible implementation partnerships". Commissioner Trude asked what area would be redeveloped. Mr. Neumeister explained that we might need to look at screening on the Great River Energy site. "Redvelopment" could be taken out. Commissioner Jacobson felt that this is geared toward large firms. He wants to make sure we don't exclude the possibility of individuals coming in. Commissioner Orttel agreed, stating that we could have a certain number of lots available to the general public. Commissioner Knight asked who would reconfigure the property. Mr. Neumeister noted that we would have a master plan for the property. Commissioner Trude noted that on Page 3 one of the items under what the development proposal will include is "Life cycle, single family and multi-family homes...". She asked if we are trying to create another downtown Andover. Mr. Neumeister explained that in order to meet the requirements ofthe Metropolitan Council we have to have a residential component. Commissioner Jacobson suggested that it be changed to "housing component" . The EDA agreed to the changes and suggestions to the RFP. Cj 0 0 ,..-~. Special EDA Meeting \. .) , July 15, 2003 - Minutes I Page 3 I AUTHORIZE MARKET APPRAISAL FOR ANDOVER STATION NORTH SITE Mr. Erar asked the EDA to authorize staffto obtain quotes and engage a fIrm to do a market appraisal for Andover Station North. Commissioner Jacobson asked ifit is too early to do this. Commissioners Knight and Trude thought we should wait. Commissioner Trude noted that the only thing we have for them to use as comparables is Festival Foods. Mr. Erar explained that comps would include things in Coon Rapids. As the seller of the property we should have an idea of what the property is worth. Commissioner Orttel noted that if someone wants to buy only a single lot, that would be a factor in the appraisal. Mr. Erar stated that we would be receiving different appraisal costs for commercial, retail, etc. Motion by Jacobson, seconded by Orttel to authorize the Executive Director to obtain ; quotes for the appraisal of the Andover Station North site not to exceed $10,000. Motion carried unanimously. BUSINESS APPRECIATION DAY i " , Mr. Erar explained there are three options for a business appreciation day: 1) golf outing; ! \ 2) reception; 3) formal dinner with speakers. The golf outing has been very popular. The ~j EDA would pick up the costs for gifts and awards and the golf and meals would be paid for with the participation fees. Motion by Orttel, seconded by Knight to authorize Mr. Erar to start investigating the , ! option of a golf outing in September in conjunction with the Anoka Area Chamber of Commerce. Motion carried unanimously. BUSINESS RECOGNITION PROGRAM Mr. Erar asked the EDA to consider establishing a Business Recognition Program, recognizing local businesses. Things to consider would be what type of involvement the ! EDA should have, who would pay for plaques, how frequently the businesses should be ; recognized, etc. It was suggested that we should start a Chamber of Commerce. The EDA asked that this item be brought back at a future meeting. Motion by Jacobson, seconded by Trude to adjourn. Motion carried. Meeting adjourned at 6:59 p.m. Respectfully submitted, ; "-,, Il:L' ¡),¿L/ , ) Vicki V olk, City Clerk '-J