HomeMy WebLinkAboutOctober 3, 1995
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l CITY of ANDOVER
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ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING
OCTOBER 3, 1995 - MINUTES
A Meeting of the Andover Economic Development Authority was called to
order by Mayor Jack McKelvey on October 3, 1995, 10:22 p.m., at the
Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota.
Present: Councilmembers Dehn, Jacobson, Knight, Kunza
Absent: None
Also present: City Attorney, William G. Hawkins
City Planning Director, Dave Carlberg
City Administrator, Richard Fursman
Others
PURCHASE OF M. R. OLSON PROPERTY
MOTION by Jacobson, Seconded by Dehn, that the Council authorize the
purchase agreement between the City and Mr. M. R. Olson as presented to
the EDA under Item No. 12 on this evening's agenda. DISCUSSION:
Attorney Hawkins explained there is a change in the agreement that the
City will pay $25,000 earnest money and the balance at closing.
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\....j Councilmember Jacobson ADDED the motion: To allow the City
Administrator, the President of the EDA Board and the City Attorney to
modify the terms of the agreement slightly but to allow no increase in
the net purchase price. Second stands. Motion carried unanimously.
PURCHASE OF ANDOVER AUTO PARTS
Attorney Hawkins noted there is the issue of accrued interest for 1995
on the assessments. The seller is asking the City to pay it, and he is
recommending that that is not an obligation of the City. The members
agreed and took no action on this item.
MOTION by Knight, Seconded by Kunza, to adj ourn. Motion carried
unanimously.
The meeting was adjourned at 10:25 p.m.
Respectfully submitted,
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~ ,v Recording Secretary
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