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HomeMy WebLinkAboutEDA September 12, 2000 \ CITY of ANDOVER ) '-/ 1685 CROSSTOWN BOULEVARD NW. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755.8923 Economic Development Authority Meeting - Tuesday, September 12, 2000 Call to Order - 8:01 PM Approval of Minutes Discussion Items 1. Andover Station Marketing Update - Advance Resources. 2. Approve Easement Great River Energy 3. Approve Material/Color Changes/Andover Pet Health & Wellness 0 4. Tax Increment Pledge 5. Discuss Connexus Energy/GRE Substation Relocation/Land Sale 6. Discuss Good Samaritan Request/New Campus Search 7. Other Business 8. Adjournment ----J CITY OF ANDOVER REQUEST FOR EDA ACTION DATE: Seotember 12. 2000 AGENDA SECTION ORIGINATING DEPARTMENT Approval of Minutes City Clerk . IV ITEM NO. Approval of Minutes The Economic Development Authority is requested to approve the following minutes: August 15, 2000 Regular EDA Meeting (Knight, Hupp, Nowak absent) I AND().VERECONOMIC DEVELOPMENT AUTHORlTYMEETING AUGUST is, 2000 - MINUTES , . . '. A Meeting of the Andover Economic Development Aqthoritywas called to order by Mayor Jack . McKelvey on August 15,2000,6:33 p.m:, at the Andover City Hall, 1685 Crosstown Boulevard 'NW, Andover, Mirinesota; ,'. ..,. ,. .' . CounciIni~mbers Don J aco bson, Julie Johnson, Ken Orttel ." Councilmember'Mike Knight;' Resident members . Bill , Hupp' and' Robert , Nowak . . City Finance Director, Jim Dickinson . - - . Community Development Director,. Dave Carlberg City Adrriinistrator; Richard Fursman Others 1uly27, 2000, EDA Meeting; Correct aSwntten. ,. . - -. . . PUBLICHEARlNGfSALE OFLQT 2, BLOCK1,ANDOVER COMMERCIAL pARK '. Mr. Carlberg explained the public hearing is .to consider the sale of Lot2,.Block 1, Andover. . Comniercial Park to Northwest Commercial.LLC. The City Attorney has reviewed theproyisions . of the purchase agreement and has recommended Section 9.. be added on use covenants, that the. property has to be used for an office warehouse 'and calls' forperfornlance within time frames. The . EDAalsowouldhave approval over the site plans and building elevations., Mayor McKelvey opened the public hearing; 6:35 p~m. There was no public testi,mony. .. . . . Motion by Jacobson; Seconded by Johnson, to close the hearing. Motio~ carried ona 4-Yes,3- Absent (Knight, Hupp, Nowak) vote. 6:36 p.)ll. Motion by Jacobson, Seconded by Johnson, thattheEDA approve the sale ofLat 2, Block 1 of Andover CommerciaI Park, . The EDA finds that the sale and conveyance are in the best interest of . the City and finds the transaction furthers the general planfor the economic development for the . . City; and agrees to the purchase agr,eement.. Note the purchase agreement just handed out at the . meeting tonight, not as handed out in our. packets. Motion carried on a: 4~ Yes, 3 -Absent (Knight, Hupp, Nowak) vote. Regular Economic Development Authority Meeting '\ J Minutes - August 15, 2000 Page 2 PLEDGE FOR BONDS/TIF DISTRICT 1-1 Mr. Dickinson requested the EDA agree to enter into a pledge agreement .with the City for tax increment in the amount to support the debt payments of the $2,445,000 Taxable G.O. Tax Increment Bonds. Motion by Orttel, Seconded by Johnson, to so move. Motion carried on a 4- Yes, 3-Absent (Knight, Hupp, Nowak) vote. OTHER BUSINESS Update on Anoka Auto property - Mr. Carlberg stated the cars are being crushed and are leaving the site, though he wasn't sure the process will be completed by October. Negotiations with Great River Energy - Mr. Carlberg stated he just received the information on the costs for moving the substation and acquiring the house and property on the northwest corner of : ) Bunker Lake and Hanson Boulevards. It involves quite a bit of money, and he will bring that information back to the EDA at the next meeting. Mr. Fursman suggested the way to develop that property would be to structure the increment of a prospective development with the payments to purchase the property. Mr. Dickinson stated the increment from the sale made this evening at the Andover Commercial Park has not been included in the financial calculations. He anticipated that business will generate $17,000 to $18,000 a year in additional increment. Progress in developing Andover Station - Mr. Carlberg stated the marketing information is being gathered, and Mr. Malrooney has been in contact with banks and grocery stories. Apparently the interest is high. Restaurants have said the residential and business component is not sufficient in the area to support them. He anticipated an update at the next EDA meeting. Redevelopment of Crosstown/Bunker Lake Boulevard area - Mr. Carlberg stated he met with the representatives of Leonard Parker and Associates to talk about the road access from the proposed development onto Crosstown Boulevard. They have found there is a DNR protected wetland on the east side of Crosstown Boulevard, so they will be meeting with the DNR and the watershed district to see if there is a potential crossing of that wetland. It makes it even more critical that the architectural designs of the Harris property on the west side of that development be reviewed by Leonard Parker and Associates. Another issue with the Harris proposal is the density, as the discussion has been to have lower density where it abuts the existing residential area. The Harris proposal is 8 units on one acre, which is quite high density. He will provide an update of the issue at the EDA's next meeting / '\ Ribbon cutting ceremony for Andover Station - Mr. Fursman didn't know when the appropriate time would be for a ribbon cutting ceremony, but it is being discussed. Councilmember Orttel suggested the EDA resident members be invited. Mr. Carlberg noted there may be an ability to coordinate the . . Regular Economic Development Authority Meeting Minutes - August 15, 2000 Page 3 (Other Business, Continued) ribbon cutting with the opening ceremony of the banquet hall and office warehouses that are being developed. Staff is continuing to work on the item. Andover Business Association - Because more and more businesses are opening in town, Mr. Fursman suggested asking the City Councilor EDA about developing an Andover Business Association. It wouldn't function as a Chamber, but it gives the community a chance to talk to the businesses and provide a forum for them. It is also nice to recognize the businesses in the community once a year. The EDA generally felt it was a good suggestion and that Mr. Fursman should pursue it further. Motion by Jacobson, Seconded by Orttel, to adjourn. Motion carried on a 4- Yes, 3-Absent (Knight, Hupp, Nowak) vote. The meeting adjourned at 6:48 p.m. I Respectfully submitted, '{~~O>t?L cella A. Peach Recording Secretary I , , . CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION J DATE: SePtember 12. 2000 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development ITEM NO. 1 David L. Carlberg Andover Station Marketing Community Development Director Update - Advance Resources Mike Mulrooney of Advance Resources Development, Inc. will be giving an update on the marketing of Andover Station to the EDA. / . ( ,ADVANCE ' ' .' ,'-' ", J ' Resources for Dllvelopment Inc. . , .. ,,\~- Memo CONFIDENTIAL To: Andover Economic Development Authority From: Michael J. Mulrooney CC: Richard Fursman Dave Carlberg Date: August25,2000 Re: Monthly Report The following report will provide the EDA with information regarding current / development prospects and activities related to the Andover Station site. Marketing A direct marketing program has been initiated to prospective buyers. The list of prospects include: . Banks . Savings and Loans . Restaurants . General Contractors . Developers . Hardware . Shopping Center Developers . Food Retailers . General Service Providers . Fitness Centers . Sporting Goods . Drug Stores . Video . Retail Clothing Corporate Address: 8960 Springbrook Drive Phone: (763) 780.7900 Suite 230 Fax (763) 786.6606 Mpls. MN 55433 . . . , We are receiving serious interest from the banking community for initiation of a development project in the spring of 2001. Contact has been made with 65 financial institutions. Marketing Brochure The marketing brochure is being drafted and pricing is being obtained from local printing firms. Final bids on the printing will be received shortly. Prospects The 116 Partnership has prepared a preliminary site plan and is proposing to develop a new banking facility at the intersection of Bunker Lake Blvd. and Quinn Street. As proposed the project would require 1.7 acres for a 7,000 SF banking facility. The building would be a single story design. Pricing of the property was not discussed. An overall pricing strategy for the entire development is in the process of being prepared for review by staff. Design Guidelines We are continuing to work with staff to refine and fine-tune the development and design guidelines. Exterior material selection is in process and will be reviewed with the EDA. If you have any questions feel free to contact me directly at (763) 780-7900. . Page 2 i ) 116, LLC. RECEIVED 1875 Commercial Blvd. Building #1 SEP 5 2000 Andover, MN 55304 (763) 755-6554 CITY OF ANDOVER August 30, 2000 Mike Mulrooney Advance Resources For Development Inc. . 8960 Springbrook Dr. Coon Rapids. MN 55433 Re: Building Site, Andover Station. Dear Mike: An assessment of our building design has determined that a parcel of + or - 2.5 acres is required to construct the proposed facility and also allow for future expansion. Initial plans are for a 7000 SF building with consideration for a 3000 SF addition. At present our architect is preparing the site plan and elevations for approval. The parcel we have identified to meet all of our requirements is located at the southwest corner of Bunker Lake Drive and the proposed Quinn Street. We propose to purchase the parcel at fair market value and wish to proceed with all necessary steps immediately to secure the site. Upon receipt of this letter please advise me of the price and the requirements to proceed with the purchase of the property. Also it would be helpful to know the status of road construction and signals at this intersection. Sincerely, /4LR~ Mike Quigley 116, LLC. cc: Dave Carlberg, Community Development Director EDA Members ,- CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION J DATE: SePtember t 2.2000 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development ITEM NO.2 Approve Easement for Construction David L. Carlberg of Transmission Line Community Development Director Great River Energy The Economic Development Authority is requested to approve an easement to allow Great River Energy to construct a transmission line on EDA owned property. The property is located immediately south of the WDE site. Great River Energy was granted a Special Use Permit on March 2, 1999 to construct a 69 KV transmission line from the substation located on the northwest comer of Hanson Blvd and Bunker Lake Blvd. to an existing transmission line at Nightingale Street and 153rd Avenue. The EDA will be compensated $17,664.00 shortly after the granting of the easement. Legal council is currently reviewing the easement documents for content and accuracy. EDA approval this evening will be subject to legal council final review. Attached is the easement documents for EDA approval. / I I ., J EASEMENT NO. BA-001 EASEMENT KNOW ALL PERSONS BY THESE PRESENTS, that Andover Economic Development Authority, a body corporate and politic under the laws of the State of Minnesota ,(Grantor(s)), whose post office address is , in consideration of one dollar and other good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, dotes) hereby grant unto UNITED POWER ASSOCIATION, a Minnesota cooperative corporation, its post office address being Post Office Box 800, Elk River, Minnesota, 55330-0800, (Grantee - hereinafter referred to as UPA), and to its successors and assigns, the right to enter upon the following described real property in Anoka County, Minnesota: See Attached Exhibit A for the following purposes: To construct, re-construct, operate, repair and maintain thereon, and in or upon all streets, roads or highways abutting said lands, an electric transmission line or system, consisting of single pole, guy wire and anchor structures and appurtenances, and telecommunications facilities, including fiber optic cable, and uses resulting from similar technology; and To permit or otherwise agree to the joint use or occupancy of the transmission line or system and the easement area by any other person(s) or entity(ies) for the construction, re-construction, operation, maintenance and repair of aboveground or underground facilities for the transmission or distribution of electric energy and telecommunications, including fiber optic cable, and uses resulting from similar technology; Together with the right of reasonable ingress to and egress from the easement over and across the lands adjoining the easement, and the right to occupy and use that part of the lands adjoining the easement necessary for the performance of the construction, re-construction and repair of the electric transmission or distribution system or communication facilities, and the right to cut down, trim, or, in any manner, eliminate all trees, shrubbery or brush located within the easement area, and to cut down from time to time all other dead, weak, leaning or dangerous trees located on lands adjoining said easement that are tall enough to strike any part of said transmission line or system in falling. The Grantor(s) reserve(s) the right to cultivate, use and occupy said easement, except, that without the prior written approval of UPA, the Grantor(s) shall not erect thereon any structures or other objects or improvements, permanent or temporary, except fences, streets, roads, and underground improvements, such as utilities. UPA agrees to pay to the Grantor(s) when construction of said line or system is commenced on the above- described lands the further sum of $ / ) Further, UPA agrees to pay a reasonable sum for any damage caused to crops, fences, roads, fields, lawns or other improvements by the construction, reconstruction, operation, maintenance, or repair of said line, system, or communication facilities. All facilities installed and placed by UPA or its permittee(s) on said lands shall remain the property of UPA or its permittee(s), removable at the option of UPA or its permittee(s). IN WITNESS WHEREOF(I)(We) have duly executed this instrument this _ day of ,2000. ANDOVER ECONOMIC DEVELOPMENT AUTHORITY By: Jack E. McKelvey, President By: Richard~sman, Executive Director STATE OF MINNESOTA COUNTY OF ANOKA The foregoing instrument was acknowledged before me this _ day of , 2000, by Jack E. McKelvey, President and Richard @-sman, Executive Director for and on behalf of the Andover Economic Development Authority, a body corporate and politic under the laws of the State of Minnesota (NOTARY) This Easement was drafted by and, after recording please retum to: Great River Energy, A TTN: Land Rights Department, PO Box 800, Elk River, MN 55330.0800. (612) 441-3121. . , EXHIBIT A to Easement #BA-001 Andover Economic Development Authority ) An easement across the following described parcels: The Northeast Quarter of the Northeast Quarter (NEX of NEX) of Section 34 except all that part described as follows: Beginning at the northeast corner of said Northeast Quarter of the Northeast Quarter (NEX of NEX); thence North 89 degrees 08 minutes 39 seconds West (N 89008'39" W) along the north line thereof a distance of 1316.94 feet to the northwest corner of said Northeast Quarter of the Northeast Quarter (NEX of NEX); thence South 00 degrees 18 minutes 44 seconds West (S 00018'44" W) along the west line thereof a distance of 15 feet; thence South 89 degrees 08 minutes 39 seconds East (S 89008'39" E) a distance of 180.52 feet; thence South 75 degrees 30 minutes 33 seconds East (S 75030'33" E) a distance of 190.89 feet; thence South 89 degrees 08 minutes 39 seconds East (S 89008'39" E) a distance of 474.80 feet; thence North 67 degrees 05 minutes 08 seconds East (N 67"05'08" E) 111.64 feet; thence South 89 degrees 08 minutes 39 seconds East (S 89008'39" E) a distance of 373.94 feet, more or less to a point on the east line of said Northeast Quarter of the Northeast Quarter (NEX of NEX); thence North 00 degree 15 minutes 45 seconds East (N 00015'45" E) along said east line 15 feet to the point of beginning, and the Northwest Quarter of the Northeast Quarter (NWX of NEX) of Section 34, except all that part described as follows: Beginning at the northeast corner of said Northwest Quarter of the Northeast Quarter (NWX of NEX); thence North 89 degrees 08 minutes 39 seconds West (N 89008'39" W) along the north line thereof a distance of 1078.71 feet; thence South 68 degrees 56 minutes 31 seconds East (S 68056'31" E) a distance of 402.99 feet; thence South 81 degrees 03 minutes 01 seconds East .I (S81003'01" E) a distance of 109.56 feet; thence North 70 degrees 32 minutes 11 seconds East (N 70032'11" E) a distance of 198.91 feet; thence North 80 degrees 59 minutes 38 seconds East (N 80059'38" E) a distance of 411.73 feet, more or less to a point on the east line of said Northwest Quarter of the Northeast Quarter (NWX of NEX) a distance of 15 feet southerly of the point of beginning; thence North 00 degrees 18 minutes 44 seconds East (N 00018'44" E) along said east line a distance of 15 feet to the point of beginning, all being in Township 32 North, Range 24 West, Anoka County, Minnesota. Said easement lying within a distance of 35 feet on each side of the following described centerline and the easement extensions thereof: Commencing at the southeast corner of said, Northeast Quarter of the Northeast Quarter (NEX of NEX); thence in a westerly direction along the south line thereof a distance of 355.48 feet to the point of beginning of the centerline to be described; thence deflecting to the right and in a northerly direction an angle of 97 degrees 33 minutes 15 seconds (97033'15") a distance of 1236.42 feet to a point distant 94.48 feet south of as measured at a right angle from a point on the north line of said Northeast Quarter of the Northeast Quarter (NEX of NEX) distant 178.57 feet westerly of the northeast corner thereof, said point being hereinafter referred to as "Point A" for the purpose of this legal description; thence deflecting to the left and in a westerly direction an angle of 95 degrees 18 minutes 59 seconds (95018'59") a . . ~ EXHIBIT A to Easement #BA-001 Page -2- ) distance of 984.01 feet; thence deflecting to the left and in a westerly direction an angle of 09 degrees 06 minutes 59 seconds (09006'59") a distance of 870.25 feet to a point distant 159.26 feet south of as measured at a right angle from the north line of the Northwest Quarter of the Northeast Quarter (NW% of NE%) of said Section 34 said point being hereinafter referred to as "Point S" for the purpose of this legal description; thence deflecting to the right and in a northwesterly direction an angle of 25 degrees 48 minutes 49 seconds (25048'49") to a point on the north line of said (NW% of NEX) distant 144.64 feet east of the northwest corner thereof; Also, an easement over the above described property for two (2) sets of anchor tracts lying within a distance of 15 feet on each side of the following described centerlines and the easement extensions thereof: Tract 1): Commencing at the southeast corner of said Northeast Quarter of the Northeast Quarter (NE% of NE%); thence in a westerly direction along the south line thereof a distance of 355.48 feet; thence deflecting to the right and in a northerly direction an angle of 97 degrees 33 minutes 15 seconds (97"33'15") a distance of 1236.42 feet to the point of beginning of the centerline to be described, said point being the above-described "Point A"; thence continuing in a northerly direction along the northerly prolongation of the last described line a distance of 70 feet; thence returning in a southerly direction along the last described line to said "Point A"; thence deflecting to the left and in an easterly direction an angle of 84 degrees 41 minutes 01 seconds (84041 '01") a distance of 70 feet, and there terminating. / Tract 2): Commencing at the Northwest Quarter of the Northeast Quarter (NWX of NE%) of said Section 34; thence in an easterly direcgtion along the north line thereof a distance of 144.64 feet; thence deflecting to the left and in a northwesterly direction an angle of 161 degrees 01 minutes 58 seconds (161001'58") a distance of 120.97 feet to the point of beginning of the centerline to be described, said point being the above described "Point Cn; thence deflecting to the right and in a southerly direction an angle of 124 degrees 18 minutes 39 seconds (124018'39") a distance of 70 feet and there terminating. R:\ROVIIIT-LlNES\4773BAIEASEMENn001 City of Andover\2000Aug EDA ExhA-001 . i I I :t J ,- 4t: ---~------------- '- --------- : ,------ ' +'" z --------- ' : M _______ U1 ,__ __ ____ __ .J- i t -------_____m________:t : ~ ').:---- , -- . : ' - , ~ ' , ' , ~' , M' , --' : " , ~. r I r , < ' , ~ ,,' : ~ '^ ~ : , -- -" '^ ' , ' . 0'. O' ' IU ~ ~ I : ______ .., ., V .. ' , -----,---- ' ..... ~ " : : " -i---"" '^ ,~ , , :: " ."c--- ~ ,0;) : : ." .>___1'" r:-" ~ " , ", .' -<--of _ I!; Ie: , ,_'. .' m" '. ___,._______ ,"" ,! ~',:, is , -------- ,: ,..., - ,---".- .., : ____________ ,," ,_ Y! ," ,-1B' , --- ", , ,--- " : ~,_.- - .' -"! : __ m_l'>['~--~--. :~~o : ~ / : 'I m__ - ,s-- : .'. , '" - -- -,,,.'- ,o' . r w~ ~-:::::--- -.. ......,r1> ~q ~ - ----,.-' q , . __ --r--- , . .. : i ' " C(-j"O-. : . ,. h : " : . , " ' , , ., ' . : " ~ ,. : , , . <." , . , -- . ' , ' -- ' , ~ ' ' , ' ~ ' : z ' : , M ~ ' , __ M ' : ' -- : : ~: ~ : , ' Z : rtl ___Z : --r---------m-------- _m___ ___ j , ' , ----- ' , _________ M , ----- : -------------- , ------_JtCl : '"' ----. : z : , :' : D ~ , ' ~ ' , ~ M ' __J ' :: : : ~ ~ : , ~ ' ' h,.' ~ : "J' ~ M ' I 4'3.' --' ..+'0 " __" ::co ~: ',~.~ -._. --CO : " .&p..,,, -.- - . ' , , ~'" '-. ---- ' '. "'f -'- ' :. --. '-- ,., : , ' _'_ '_. __ II' ' " '- -. -- ,'" ' ._._. ,:,c' , , : _._.. : m , X : ::r r ~. , 0- r ~. : c+ r ' > I CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION DATE September 12,2000 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development AGENDA ITEM No.3 Approve MateriaVColor Changes to David L. Carlberg Andover Pet Health & Wellness Clinic Community Development Director The Economic Development Authority (EDA) is requested to approve the changes made regarding the materials/colors for the Andover Pet Health and Wellness Clinic located at 2172 Commercial Boulevard NW. Most of the EDA is aware that some of the materials (shingles) have already been placed on the building. Staffwill be presenting the materiaUcolor changes at the meeting as well as an explanation of the events that have lead up to the request. In order the keep the construction of the clinic on schedule, the City Council gave preliminary approval of the changes at their September 5, 2000 meeting. / , CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION ) DATE: SePtember t 2.2000 AGENDA SECTION ORIGINATING DEPARTMENT Finance Discussion Jim Dickinson ITEM NO. 4- Tax Increment Pledge REQUEST: The Andover Economic Development Authority is requested to approve the formal resolution "Authorizing Execution of Tax Increment Pledge Agreement". The pledge is for increment ofTIF District 1-1 for the issuance and sale of $2,445,000 Taxable G.O. Tax Increment Bonds, Series 2000A. A resolution prepared by the City's Bond Counsel is attached. Once the approval is made, the closing on the bond sale can be complete! , / If you have any questions please do not hesitate in contacting me at 767-5110. . EXTRACT OF MINUTES OF A MEETING OF THE / BOARD OF COMMISSIONERS OF THE ANDOVER ECONOMIC DEVELOPMENT AUTHORITY, MINNESOTA HELD: ,2000 Pursuant to due call and notice thereof, a meeting of the Board of Commissioners ofthe Andover Economic Development Authority, Anoka County, Minnesota, was duly called and held at the City Hall in said City on , the _ day of ,2000, at_ o'clock .M. The following members were present: and the following were absent: / Member introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING EXECUTION OF TAX INCREMENT PLEDGE AGREEMENT A. WHEREAS, the City Council of the City of Andover, Minnesota (the "City"), has provided for the issuance and sale of $2,445,000 Taxable General Obligation Tax Increment Bonds, Series 2000A, dated September 1, 2000 ofthe City (the "Bonds") and has accepted the sale of the Bonds; and B. WHEREAS, to provide for payment of the Bonds it is necessary that the Andover Economic Development Authority, Minnesota (the "Authority"), execute the Tax Increment Pledge Agreement as provided herein. NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners ofthe Andover Economic Development Authority, Minnesota, as follows: 1. Execution of Agreement. The Tax Increment Pledge Agreement on file in the office of the City Clerk is hereby approved in substantially the form submitted and the President and Secretary of the Authority are authorized and directed to execute the same (and such other , agreements and documents as may be required in connection therewith) on behalf of the / Authority. The approval hereby given to the document referred to above includes approval of such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by the City Attorney and by the Authority officials authorized herein to execute or accept, as the case may be, said document prior to its execution; and said Authority officials are hereby authorized to approve said changes on behalf of the Authority. 2. Filing of Tax Increment Pledge Agreement. The Secretary is directed to file a fully executed copy of the Tax Increment Pledge Agreement with the County Auditor of Anoka County pursuant to Minnesota Statutes, Section 469.178, subdivision 2. The motion for the adoption of the foregoing resolution was duly seconded by member and, after full discussion thereof and upon a vote being taken thereon, the following voted in favor thereof: and the following voted against the same: Whereupon said resolution was declared duly passed and adopted. / STATE OF MINNESOTA COUNTY OF ANOKA CITY OF ANDOVER I, the undersigned, being the duly qualified and acting Secretary of the Andover Economic Development Authority, Minnesota, DO HEREBY CERTIFY that I have carefully compared the attached and foregoing extract of minutes with the original minutes of a meeting of the Board of Commissioners held on the date therein indicated, which are on file and of record in my office, and the same is a full, true and complete transcript therefrom insofar as the same relates to a resolution authorizing execution of a Tax Increment Pledge Agreement. WITNESS my hand as such Secretary this _ day of ,2000. / Secretary . TAX INCREMENT PLEDGE AGREEMENT / THIS AGREEMENT, entered into as of the 1st day of September, 2000, by and between the City of Andover, Minnesota, a Minnesota municipal corporation, herein called the "City", and the Andover Economic Development Authority, Minnesota, a public body corporate and politic created and existing under the provisions of Minnesota Statutes, Sections 469.090 to 469.1081 (the "Act"), herein called the "Authority", witnesseth that: A. WHEREAS, the Authority has heretofore on April 5, 1994, among other things, accepted jurisdiction over the Development Program for Development District No. 1 and transfer of all tax increments derived from Tax Increment Financing District No. 1-1 (the "Tax Increment District"), and has approved a tax increment financing plan therefor, as most recently amended on June 20,2000, all pursuant to the provisions of the Act; and B. WHEREAS, attached hereto as Exhibit A is a resolution entitled "Resolution Accepting Proposal on Sale of $2,445,000 Taxable General Obligation Tax Increment Bonds, Series 2000A, Providing for Their Issuance, Pledging Tax Increments for the Security Thereof and Authorizing Execution of a Tax Increment Pledge Agreement," called herein the "Authorizing Resolution," adopted by the City Council on September 5,2000 and which authorizes the issuance of$2,445,000 Taxable General Obligation Tax Increment Bonds, Series 2000A, dated September 1,2000 (the "Bonds") of the City for the purpose of financing / certain program and public redevelopment costs within the Tax Increment District of Development District No.1 (the "Development District"). Tax increments derived from the Tax Increment District (the "Tax Increments") pursuant to Minnesota Statutes, Section 469.175 and 469.028 and this Tax Increment Pledge Agreement are pledged to the payment ofthe Bonds; and C. WHEREAS, the City has heretofore covenanted in the Authorizing Resolution that the County Auditor of Anoka County has certified the original net tax capacity ofthe Tax Increment District; and D. WHEREAS, the City has outstanding General Obligation Tax Increment Bonds of 1995, dated October 1, 1995, General Obligation Tax Increment Bonds of 1996, dated June 1, 1996 and General Obligation Tax Increment Bonds of 1999, dated June 1, 1999 (the "Outstanding Bonds"), a portion of which is secured by a pledge ofthe Tax Increments (the "Prior Pledge"); and NOW, THEREFORE, the City and the Authority, each in consideration of the mutual covenants and agreements herein contained, covenant and agree as follows: 1. Coverage Test. The Authority hereby pledges to the payment of the Bonds, subject to the further provisions of this Agreement, Tax Increments on a parity lien with the Outstanding Bonds, in an amount which is sufficient to pay 105% of the principal and interest (except capitalized interest) to become due each year on the Bonds, subject to the Prior Pledge / and the right of the Authority, with the consent of the City, to pledge or apply the Tax . Increments to the payment of any other costs within the Development District, as may be from time to time modified, including debt service on any obligations issued or otherwise incurred with respect to such costs, whether or not such pledge or application is made prior to, on a parity with or subordinate to the pledge and application of the Tax Increments to the payment of debt service on the Bonds or the Outstanding Bonds. 2. Remittance; Segregation. Tax Increments herein pledged shall be remitted directly to the Authority and the Authority shall segregate all Tax Increments so received in a special account on its official books and records. The Authority shall remit to the City Tax Increments described herein at such times and in such amounts for the payment of the principal and interest on the Bonds and the Outstanding Bonds. 3. Filing; Computation and Collection. An executed copy of this Agreement shall be filed with the County Auditor of Anoka County and shall constitute the request and authorization of the Authority and the City to the County Auditor and Treasurer to compute and collect the Tax Increments in accordance with the provisions of this Agreement and Minnesota Statutes, Section 469.177 and to remit the same to the Authority. IN WITNESS WHEREOF, the City and the Authority have caused this Agreement to be duly executed on their behalf, the seal of the City to be hereunto affixed, and such signatures to be attested, as of the day and year first above written. CITY OF ANDOVER, MINNESOTA By Mayor Attest: Clerk (SEAL) I ANDOVER ECONOMIC DEVELOPMENT AUTHORITY, MINNESOTA By President Attest: Secretary I EXHIBIT A ) Authorizing Resolution [To be supplied by Ehlers and Associates, Inc. through Briggs and Morgan, P.A.] , CITY OF ANDOVER . REQUEST FOR , ECONOMIC DEVELOPMENT AUTHORITY ACTION ) DATE: SePtember 12. 2000 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development ITEM NO.5 David L. Carlberg Discuss Connexus Energy/GRE Community Development Director Substation Relocation/Land Sale Attached for EDA review and discussion is a letter from Gary Ostrom, Great River Energy that outlines the estimated costs associated with the relocation of the substation on Bunker and Hanson Blvd. Also included is an estimated value of the land. / , f."'.........'.'.'...",..'".".~l...... ~~""'!".'l I U ..... ":)ii, ~ .. .,.,,\.",. > ," ....:>.,., ." .::,..---<".:,~-...:;.:,.{-:,.:A,.-;.",","'" '- -.., ,--'. -.. -~ "''''''''' C.EE6..TRIVE.R ENERGYw 17845 East Highway 10 . P.O. Box 800 . Elk River, Minnesota 55330-0800 . 612-441-3121 . Fax 612,241.2366 July 28, 2000 RECE\VED Dave Carlberg, 1 "'0 City of Andover J Ij l .... LN Planning & Zoning 1685 Crosstown Blvd. C\TY OF ANDOVER Andover, MN 55304 SUBJECT: Connexus/GRE Bunker Lake Land Sale & Related Costs Dear Dave: The following is a breakdown of the estimated costs associated with the relocation of the Connexus Substation and distribution feeders and the reconfiguration of GRE's transmission line and related work on the GRE transmission substation. Also included / is an estimated value of the substation land. A separate line item (Land Purchase only) gives an estimate for the land and buildings located in the southwest corner of the GRE/Connexus parcel. *Substation Relocation and Land Purchase - Including related Transmission & Distribution work. -./ Connexus Costs: Rebuild Distribution Feeders $230,000.00 Substation Reconstruction 280,000.00 Temporary Facilities - Mobile Sub., Crane Service, Etc 30,000.00 Subtotal $540,000.00 -./ Retirement: Retirement Substation Structure $30,000.00 Removal of Fence, Foundation & Disposal 45,000.00 . Subtotal $75,000.00 Total Connexus Distribution & Substation Costs $615,000.00 -./ GRE Costs: Reconfigure Transmission System: $375,000.00 / Transmission Substation Work 250,000.00 Total GRE Trans. & Bulk Sub Costs $625,000.00 ----.D.iLecLDiaLLLfi3) 241-2377 E-MalLgnstrom.@grenergy..com FAX-<763) 241.5177 A Touchstone Energy"Cooperative ~ , . i Dave Carlberg / July 28, 2000 Page Two ',\'4 .~\ ./ Land: / 162,000 sq. ft. @ 1.00 to 3.00 per sq. ft. = $162,000 to $486,000 Land Costs (including bldg) $162,000 to $486,000 Grand Total (Range) $1,402,000.00 to $1,726,000.00 *Land Purchase Only - (300' x 240' Parcel in the southwest corner of substation parcel. ) \.uy ./ i Land & Building: 72,000 sq. ft. @ 1.00 to 3.00 per sq. ft. = $72,000 to $216,000. The area of proposed land sale is highlighted on the enclosed diagram. We would agree to sell two blocks of land. One block measuring 360' x 250' is the area where the Connexus Sub is located, the other block measuring 300' x 240' includes the existing home and surrounding land. We would need to have the land appraised, but for the sake of this estimate, I have used a land value range from 1.00 to 3.00. ) Please keep in mind that the estimates provided are rough estimates. If the City would like to pursue the matter for further, Connexus and GRE will prepare a detailed estimate based upon engineering studies and a Certified Land Appraisal. We would ask to be compensated costs associated with the engineering studies and land appraisal. Please contact me at your convenience if you would like Connexus and GRE to pursue the matter further. Sincerely, ~RGY Gary strom, SRNJA Supervisor, Land Rights Enclosure GO:jh\r:\subslbunkerlake\landsalecost7 -13-00 .doc cc: Mike Felber - Connexus Larry Peterson - Connexus Chuck Lukkarila - GRE Ivars Vancers - GRE Kevin Lennon - GRE Direct Dial (763) 241-2377 E-Mail gostrom@grenergy.com FAX (763) 241-6177 . m 00 .1~IJl? ~ ii g ~lJ ..... Ul....OW ~ ~Ola..ii3 ~ o ~ oa 1 >- ~V1 ~rn l.J. --t lIIz O!: .... 30 W o u5 Z i ..J 0;:>> W .. ~ ~ I I \ \" ~ " , ;"! " ' , , ,'" , " , , ", < " , , ,-, w < .. · o. . ' , , , '" 0 ~ ~ 'i~o: ~~~ ' ",0"",, l> ~ .." l t g~.E'~.", " < , .". , .< " . ,o'c- . - ~. I . :~. . . '., , "'Ie- .' , , '0. .,- · ~ ",r u, l I' t. '." j:~c- ~, " ..~' , , "'e'e '<j \ ,09E \ ' i _ _ ' I - ,fI'Trc ~ . / y / / / / / /;~/;/ / / , " V ..., '" ,,,< ~ ~ ~ "Ii",,,"" ,", ,> :0 .. 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'" -4" " ~'. ~ \l;) , 'Y, _ .+-- 'I -"' ,-jg--'-1 .. _ l 1 -I : -7A ! l@-j"'-h.L' I 'f-. _ ty' I " I , ~ , t, ~, I .: I ~ \J ' ~ ~I OJ, - i , .. ,.<, ,_"." ,--1., .--j- _--:;:;;- ;' '"" '''..~.... " ':> , ".. ( , IS ',~ " I!",,", "I'.J !.i G _ I \; I I- , ,''-,,, llr-- ,09 .09'1 .", I , 'IO.r'\~ \ ,."[ ~ ~ !i <, '0, " . ~ "el' "-.+.-!-+- : 'Iii '; ! ~"I . i i i - ! '1" J II I : ~ ~ i~'~ ~~ i . I ,~,~ ,.. ,I Ii- " . ' u .. u_ ~ . t-u u . _ +.-~ I r- .. """ '7 I I : ,", ,"''' ,~ , 1 I f:c .,.2 ~ :' /"/'- ~''', a ~1\Vli ;:: ~ I , \ r---.... : \ , ~ I, , i 11\ i- \ u I \ f- - r' \ \ .-<?~ :\ \ \ ~- , JI: ~ ~ ) , , I ( _ ~ ~ ~ '- .. ~ ~-) " ." ~ , " ~ I €I ,~ i \ -'- / . CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION i ~ DATE: SePtember 12. 2000 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development ITEM NO.6 David L. Carlberg Discuss Good Samaritan Request Community Development Director New Campus Search Attached for EDA review and discussion is a letter from Dave Hjortland, Administrator for the Anoka Good Samaritan Center requesting help in locating potential sites for a new campus style nursing home facility. g Anoka ,:D~ Good Samaritan 1040 Madison Street 763-421-2311 phone , ~v Center Anoka, MN 55303-2699 763-421-2683 fax In Christ's !...om, &eryone Is Someone. 25 August 2000 RECEIVED Dave Carlberg Community Development Director AUG 2 9 2000 City of Andover 1685 Crosstown Boulevard NW CITY OF ANDOVER Andover, MN 55304 Dear Mr. Carlberg, Thank you for your call of Wednesday, and your interest in helping us locate a site for a new campus for Good Samaritan. As I believe I mentioned, we are currently investigating possibilities for locating on the site of the former Target store on Coon Rapids Boulevard in Coon Rapids. There seem to be issues with our acquiring that site on a timely basis, however, and we continue to be interested in exploring any other viable options. We are looking for a site of 12-15 acres, to create not just a nursing home but a campus setting that would provide a continuum of living arrangements and services to seniors in our area. All the demographic data indicates that Anoka County'has a significant need for this, now and in the future. I am enclosing some materials which you may find of interest regarding both our Center and The Good Samaritan Society. I look forward to further discussing our situation with you. . Anoka \ ~~ Good Samaritan 1040 Madison Street 763-421-2311 phone , ~ V Center Anoka, MN 55303-2699 763.421.2683 fax In Christ's Looe. Everyone Is Someone.. A few facts about Anoka Good Samaritan Center . Originally called Anoka Maple Manor, it opened in 1963 and has served residents from Anoka and surrounding 'communities for 37 years . The Good Samaritan Society has owned and operated it since 1992 . Weare currently licensed for 92 skilled nursing beds. Our census varies, but in 1999 we provided long-term care services to 117 residents of our area. . We currently have some 80 full-time and 65 part-time positions . Our annual operating budget is over four million dollars . Of that amount over 60% - some $2,525,000 - is paid out in salaries . We work closely with local hospitals and various other medical services in and near the community . In addition to the medical providers we deal with, we currently use over 30 other providers of goods and services that are locally based . We draw visitors from around the country who stay at hotels, eat out and shop locally ,