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HomeMy WebLinkAboutEDA July 7, 1998 , \ o ~J ,~- ./ CITY of ANDOVER 1685 CROSSTOWN BOULEVARD NW. . ANDOVER, MINNESOTA 55304 . (612) 755-5100 EDA Meeting - Tuesday, July 7,1998 agenda Call to Order - 7:00 PM Bookmark Name minutes Approval of Minutes Discussion Items I. Request Financial Assistance - Rental Units/ Pu1dover PUD reandoverpud 2. Authorize Traffic Study/97-2/Pu1dover Commercial Park (PhaseIl) auth972 3. Other Business Adjournment , CI1Y OF ANDOVER REQUEST FOR EDA ACTION \ , AGENDA SECTION Approval of Minutes DATE: July 7, 1998 ORIGINATING DEPARTMENT ~ c:qty Clerk ITEM NO. Approval of Minutes The Economic Development Authority is requested to approve the following minutes: June 16, 1998 Regular ED A Meeting " i / "- . / CITY OF ANDOVER REQUEST FOR ECONOMIC DEVELOPMENT AUTHORITY ACTION , -' DATE: luly 7. 1998 AGENDA SECTION ORIGINATING DEPARTMENT Discussion Community Development ITEM NO. 1. Request Financial Assistance Grey Oaks (Andover PUD) Rental Units Chesterton Partnership David L. Carlberg Community Development Director The Economic Development Authority (EDA) is requested to consider offering financial assistance for the development of "Grey Oaks" (Andover PUD). The developer, Chesterton Partnership, has approached the City requesting the City's involvement in the development of two 64 unit and one 24 unit apartments. These units are designated for senior or elderly housing. Staff requested a written proposal from the developer regarding the level of involvement being requested from the City. Attached is a letter dated July 1, 1998 from Jerry and Carol Windschitl, Chesterton Partnership. " ) Staff is btinging this to the EDA at this time to get preliminary feedback from the Authority on the interest in providing assistance. Staff will be discussing the feasibility of providing assistance for the project with Mary Ippel of Briggs and Morgan. Staffwill present financing options at the meeting, if available. \ I ) , Anqfnrb irurlnpmrttt <1Tnrpnrattnn, lint. . I 3640 - 152nd Lane N.W. . Andover, MN 55304 . 612-427-0435 RECEIVED JUL 011998 CITY OF ANDOVER Mr. D~~/ij C?r:~~~: :~:;' -,;'~;:'.i ':~- : ~':':~=-:-~::J~~:'-L7-: ~. :~~~ -:-t:::: :':. t:.:~ -: - ," - . . - '-- .~-.'-. . ~- '- ,-.'. -,- -..... _.:1 ~.. - . .. -,. . '-'" . ~ " ". 0" ,_, ... _ _ _ .... ".: -r.:-' - . - - . ,.-.... ."'- .. - - - - .-.'- _. .; - . - - ,- - .. . - ". .'~ - -- -. <.'- - ' -_. " . - ~ .. .::. ' - ~lL~ CITY OF ANDOVER REQUEST FOR EDA ACTION , J DATE: Julv 7.1998 AGENDA SECTION Discussion Item ORIGINATING DEPARTMENT sc~r~on. Engineering ITEM NO. I ~equest Traffic Study/97-2/Andover Commercial Park (Phase II) The EDA is requested to authorize a traffic study for Project 97-2, Andover Commercial Park (Phase II) including the intersection of Jay Street NWand Bunker Lake Boulevard NW. , \ \