HomeMy WebLinkAboutNovember 20, 2007
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1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
ECONOMIC DEVELOPMENT AUTHORITY
MEETING
November 20, 2007
6:00 p.m.
Conference Rooms A & B
AGENDA
1. Call to Order - 6:00 p.m.
2. Approval of Minutes (1O/16/07Regular Mtg.)
3. Update on Economic Development Activities
0 4. Discuss Bunker Lake Blvd. Median Concepts/07-30
5. 2008 Budget Review
6. Approve LMCIT Liability Coverage - Administration
7. Other Business
8. Adjourn
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ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING
NOVEMBER 20, 2007 - MINUTES
A Meeting of the Andover Economic Development Authority was called to order by Vice President
Julie Trude, November 20,2007,6:04 p.m., at the Andover City Hall, 1685 Crosstown Boulevard
NW, Andover, Minnesota.
Present: President Mike Gamache (arrived at 6:05 p.m.) Commissioners
Don Jacobson, Mike Knight, Ken Orttel, and Voting resident
members Joyce Twistol and Robert Nowak
Absent: None
Also present: Executive Director, Jim Dickinson
Others
APPROVAL OF MINUTES
0 October 16, 2007 Regular Meeting: Correct as written.
October 16, 2007 Closed Meeting: Correct as written.
Motion by Jacobson, Seconded by Knight, approval of the Minutes as written. Motion carried
unanimously.
UPDATE ON ECONOMIC DEVELOPMENT ACTIVITIES
Mr. Dickinson gave updates on the following:
Rudnicki's Retail Building- Mr. Rudnicki is not interested in buying the land to the south to
expand his retail center. At this time most of his retail space is leased.
Bruggeman Homes- Mr. Schlink contacted Mr. Dickinson with a request regarding a principal
payment that is due on December 31,2007. Mr. Schlink would like the EDA to authorize the
deferment of the principal payment for one year. The EDA indicated an interest payment would
need to be paid.
0 MOTIONby Trude, Seconded by Knight, to defer the principal payment on the land being
purchased from the EDA due December 31, 2007 for one year and requiring an interest payment
be paid. Motion carried unanimously.
Mr. Dickinson will modify the note.
0 Andover Economic Development Authority Meeting
Minutes - November 20, 2007
Page 2
Funeral Home-Interior work has been started.
Office/Day Care Site-Mr. Nagwani is still quite interested in the property. He is preparing a
counter offer, which he hopes to submit the fIrst week of December.
MVP Baseball (John Larkin)-Mr. Larkin would like to close on the property early December.
Dynamic Sealing Technologies-A commercial site plan has been submitted.
Northstar Partners- They continue to market the property. Market is very tough at this time.
Tasty Pizza- Mr. Dickinson stated Mr. Brenk is willing to release the EDA from the purchase
agreement so the property can go back on the market.
DISCUSS BUNKER LAKE BOULEVARD MEDIAN CONCEPTS/07-30
0 Mr. Dickinson stated the median clean up has been completed. Will Neumeister has been in
contact with Mickman Brothers and Prairie Restorations regarding recommendations on native
grasses.
Commissioner Trude suggested Ms. Twistol work with Mr. Neumeister on picking some wild
flowers to be added in the medians.
2008 BUDGET REVIEW
Mr. Dickinson stated there is not a lot of increase in the overall expenditure budget. The focus
has been on economic development.
Commissioner Jacobson questioned the increase in labor and benefits. Mr. Dickinson explained
the increase is time charged from the Administrator, Community Development Director, Finance
Manager and Administration support.
Commission Trude asked how they charge for the maintenance of the medians. Mr. Dickinson
stated the money is allocated to an account and then billed to the associations.
APPROVE LMCIT LIABILITY COVERAGE
0 Motion by Jacobson, Seconded by Trude, to not waive the monetary limits on tort liability
established by Minnesota Statutes 466.04. Motion carried unanimously.
0 Andover Economic Development Authority Meeting
Minutes - November 20, 2007
Page 3
OTHER BUSINESS
Commissioner Knight requested an update on the Hughs Industrial Park.
Mr. Dickinson stated there are definitely zoning code violations in the industrial park. The
businesses have agreed to do some clean up in the area.
Motion by Jacobson, Seconded by Orttel, to adjourn. Motion carried unanimously. The meeting
adjourned at 6:56 p.m.
Respectfully submitted,
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Mi elle Hartner, Recording Secretary
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