Loading...
HomeMy WebLinkAboutFebruary 21, 1995 () C) (j ~ (jJ. '" CITY of ANDOVER . ,r\.· 1685 CROSSTOWN BOULEVARD NW. · ANDOVER, MINNESOTA 55304. (612) 755-5100 ./::::,", ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING FEBRUARY 21, 1995 - MINUTES A Meeting of the Andover Economic Development Authority was called to order by Mayor Jack McKelvey on February 21, 1995, 11:29 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: Councilmembers Dehn, Jacobson, Knight Absent: Councilmember Kunza Also present: City Attorney, William G. Hawkins City Engineer, Scott Erickson City Administrator, Richard Fursman Others PUBLIC HEARING: TIF REDISTRICTING Attorney Hawkins explained the Authority has given conceptual approval to the proposed redistricting, including a four-fifth vote required to expend TIF funds in the district. He advised against requiring a unanimous vote to expend the TIF funds in the expanded district. Councilmember Jacobson wanted to make it difficult to spend money r \ outside of the junkyard area along Bunker Lake Boulevard because that \ ) has been and continues to be the first priority for the use of the TIF \1 funds. The Authority agreed. 'J MOTION by Knight, Seconded by Dehn, the Resolution modifying the Development Program for Development District No. 1 and the Tax Increment Financing Plans for Tax Increment Financing Districts No. 1-1 and No. 1- 2 to reflect increased geographic area and increased project costs ! within Development District No.1. (See Resolution EDA R002-95) Motion carried on a 4-Yes, I-Absent (Kunza) vote. MOTION by Jacobson, Seconded by Dehn, the Resolution amending the Bylaws of the Andover Economic Development Authority. (See Resolution EDA R003-95) Motion carried on a 4-Yes, I-Absent (Kunza) vote. APPOINT EDA OFFICERS MOTION by Knight, Seconded by Dehn, the Resolution appointing officers of the EDA: President, Jack McKelvey; Vice President, Don Jacobson; Secretary, Mike Knight; Treasurer, Bonnie Dehn; Assistant Treasurer, John Kunza. (See Resolution EDA R004-95) Motion carried on a 4-Yes, 1- Absent (Kunza) vote. MOTION by Knight, Seconded by Dehn, to adjourn the EDA meeting. Motion /' '\ carried on a 4-Yes, I-Absent (Kunza) vote. The meeting was adjourned at , 11:40 p.m. ., J 1~\ pectfu~lYI\ SUb~. . .' _·_-~-~~~--;:'f ~~.~_~~ ?C~ arc lla A. peach~eCOrtling Secretary