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HomeMy WebLinkAboutMay 21, 1996 o Ü CITY of ANDOVER ,- , '0 1685 CROSSTOWN BOULEVARD NW. . ANDOVER, MINNESOTA 55304 · (612) 755-5100 ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING MAY 21, 1996 - MINUTES A Meeting of the Andover Economic Development Authority was called to order by Mayor Jack McKelvey on May 21, 1996, 11:38 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: Council members Dehn, Jacobson, Knight Absent: Kunza Also present: City Attorney, William G. Hawkins City Engineer, Scott Erickson City Planning Director, Dave Carlberg City Administrator, Richard Fursman Others TRANSFER OF FUNDS The Economic Development Authority was requested to transfer the proceeds of the Ultimate Cabinetry sale, $22,229.50, to the City Building Construction fund. :- '\ MOTION by Knight, Seconded by Dehn, to so move. Motion carried on a 4- ~ Yes, I-Absent (Kunza) vote. DESIGNATE ADDITIONAL DEPOSITORY The Economic Development Authority was asked.. to designate the City's official depositories and supplemental depositories for investment purposes. The investment organizations used by the City in the past plus Prudential Services,Inc., are contained in the Resolution. MOTION by Knight, Seconded by Dehn, to so move. (See Resolution EDAOOl- 96 designating Prudential Securities, Inc., as a supplemental depository of City funds) Motion carried on a 4-Yes, I-Absent (Kunza) vote. PURCHASE OF LIES INGER PROPERTY The EDA was asked to approve the purchase of the property owned by James Liesinger for the price of $153,850. MOTION by Knight, Seconded by Dehn, to so move. DISCUSSION: Attorney Hawkins reported the price paid for the property is the same as what was paid for other parcels of land in that area, but there are also some relocation costs. He expected to close on the sale on June 1, but a lease will be signed with the owners to allow them to stay on the ~ property until September 15, 1996. Motion carried on a 4-Yes, I-Absent (Kunza) vote. \ U " .J Regular Andover Economic Development Authority Meeting Minutes - May 21, 1996 Page 2 , AWARD BIDS ON VARIOUS BUILDINGS LOCATED SOUTH OF BUNKER LAKE BOULEVARD MOTION by Jacobson, Seconded by Knight, to award bids for Andover Auto Parts, 13526 Jay Street NW, to Roger Schmidt; for ATV, 2050 Bunker Lake Boulevard NW for the high bid of Roger Schmidt, $478; M.R. Olson Building at 2154-2158 Bunker Lake Boulevard to Roger Schmidt for $110; and also to Roger Schmidt for $887 for the M.R. Olson building at the second location; and reject the bids for the Charles Mistelske Building at 13678 Jay Street. Add if the first person does not perform, the award would go to the second bidder. That the money be paid to the City up front and retained if they do not complete it on time. Buildings to be removed by the end of June, 1996. Motion carried on a 4-Yes, 1- Absent (Kunza) vote. The EDA meeting was closed at 11:43 p.m. Respectfully submitted, ~~vL ) Recording Secretary , /