HomeMy WebLinkAboutJuly 1, 2003
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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 1, 2003 - 6:30 p.m.
CONFERENCE ROOM A
AGENDA
1. Call to Order
2. Approve Minutes - June 17,2003
3. Andover Station - Ryan/Target Extension Request
4. Other Business
5. Adjourn
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U 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
SPECIAL ECONOMIC DEVELOPMENT AUTHORITY MEETING
JULY 1, 2003-MINUTES
A Special Meeting of the Economic Development Authority was called to order by
Secretary Don Jacobson at 6:33 p.m., Tuesday, July 1, 2003 at the Andover City Hall,
1685 Crosstown Boulevard N.W., Andover, Minnesota.
Commissioners Present: Ken Orttel, Mike Knight, Robert Nowak, Mike Gamache
(arrived at 6:37 p.m.)
Commissioners Absent: Julie Trude, Fred Larsen, Edward Schultz
Also Present: Executive Director, John Erar
Finance Director, Jim Dickinson
Others
0 AGENDA APPROVAL
Motion by Knight, seconded by Nowak to approve the agenda as presented. Motion
carried.
APPROVAL OF MINUTES
June 17, 2003: Correct as written
Motion by Knight, seconded by Orttel to approve the minutes of June 17, 2003 as
written. Motion carried.
ANDOVER STATION -RYAN/TARGET EXTENSION REQUEST
Mr. Erar explained that Ryan/Target are requesting a 180 day extension on the option
agreement to allow adequate time for purposes of conducting their due diligence on the
site. This would allow them time to deal with any environmental issues which may arise.
Staff feels the request is appropriate. Tom Palmquist, Ryan Companies, has said that this
is a routine request from Target when dealing with this type of property.
Commissioner Orttel asked if we are operating under an extension now. Mr. Erar stated
0 the extension we have now is with United Properties. Once the option agreement is
executed by United Properties they will then sell the property to Target.
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~-\, Special EDA Meeting
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July 1, 2004 - Minutes
Page 2
(President Gamache arrived at 6:37 p.m.)
The EDA discussed whether this would delay the construction of the Target store. Mr.
Erar stated that he would have language that says the extension only happens if
something is found on the site.
Motion by Orttel, seconded by Jacobson to approve the I80-day conditional extension
request based on any negative environmental discovery. Motion carried unanimously.
Mr. Erar informed the ED A that United Properties has signed an agreement with
Walgreens.
Motion by Gamche, seconded by Orttel to adjourn. Motion carried.
Meeting adjourned at 7:00 p.m.
Respectfully submitted,
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Vicki V olk
City Clerk
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