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HomeMy WebLinkAboutAugust 21, 2007 ~ ()../,L.; W1i+kn L1- L{ -61 0 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER. MINNESOTA 55304. (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US ECONOMIC DEVELOPMENT AUTHORITY MEETING August 21, 2007 6:00 p.m. Conference Rooms A & B AGENDA 1. Call to Order - 6:00 p.m. 2. Approval of Minutes (8/07/07 Regular Mtg.) 3. Public Hearing on Land Sales (MVP Baseball, Tasty Pizza, Dynamic Sealing Technologies) 0 4. Bunker Lake Redevelopment Activities 5. Update on Economic Development Activities 6. Other Business 7. Adjourn 0 1685 CROSSTOWN BOULEVARD N,W. . ANDOVER. MINNESOTA 55304. (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING AUGUST 21, 2007 - MINUTES A meeting of the Andover Economic Development Authority was called to order by President Mike Gamache at 6:00 p.m., Tuesday, August 21,2007 at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Commissioners Present: Don Jacobson, Mike Knight, Ken Orttel, Julie Trude, Resident members Joyce Twistol and Bob Nowak Commissioners Absent: None Also Present: Jim Dickinson, Executive Director Will Neumeister, Community Development Director Others 0 Approval of Minutes - August 8, 2007 Motion by Trude, seconded by Knight to approve the minutes of August 7,2007 as written. Motion carried. Public Hearing on Land Sales (MVP Baseball, Tasty Pizza, Dynamic Sealing Technologies) Motion by Knight, seconded by Jacobson to open the public hearing. Motion carried unanimously. No one addressed the EDA. Motion by Jacobson, seconded by Knight to close the public hearing. Motion carried unanimously. Motion by Jacobson, seconded by Knight to move the resolution as prepared by staff. Motion carried unanimously. Bunker Lake Boulevard Redevelopment Activities Mr. Neumeister reviewed a few options to facilitate redevelopment of the area south of 0 Bunker Lake Boulevard between Hanson Boulevard and Jay Street that will improve the access to the corner site. He didn't feel this would happen very quickly and that it would be a private redevelopment. Mr. Dickinson has been talking with the broker representing Kottke's. The broker indicated Kottke's would rather have a developer brought in for their property rather than to do anything themselves. There may be a bank interested in a prominent location in the 0 Andover Economic Development Authority Meeting August 21, 2007 - Minutes Page 2 community and Mr. Dickinson would also like another developer he has spoken with come out to the site. President Gamache felt that the EDA should consider the relocation of the frontage road, as there is a buyer who is willing to paywhat Eddy's Auto Body wants. Once Hanson Boulevard is finished that area will redevelop. Mr. Dickinson stated they talked about approaching Croix Oil but staff wanted to wait until they heard something positive from Kottke's and the buyer for Eddy's. Commissioner Jacobson asked how long Kwik Trip's option is. It was noted that it is 120 days. Commissioner Jacobson felt that the lots to the east should pay for part of the road. Commissioner Trude asked Mr. Dickinson to do a TIT cash flow statement on the project for the EDA. 0 Update on Economic Development Activities Mr. Neumeister gave updates on the following: Louis Rudnicki - met with staff and a broker. There is a lot of interest in expanding this retail center. The question is who will take the lead. Funeral Home - the ground breaking is scheduled for August 22nd at 11 :00 p~m. Office Development - staff spoke to the lady with the day care center and she is not interested in this site and is working on another project elsewhere. Pinewski Builders has been contacted and they don't seem interested either. Northstar Partners - they are aggressively marketing the property marketed to other brokers. MVP Basebal/- this is going through the commercial site plan process. Dynamic Sealing - there is a pocket of peat on the site so a lot of dirt will be moved. Tasty Pizza - the attorneys are modifying the purchase agreement. 0 Other Business The EDA discussed the medians on Bunker Lake Boulevard and what should be placed in them. Mr. Neumeister noted that once they come up with a plan the County engineer has to approve it. Commissioner Twistol felt that nurseries should be contacted to see what they would recommend as they are slow now. 0 Andover Economic Development Authority Meeting August 21, 2007 - Minutes Page 3 Motion by Knight, seconded by Orttel to adjourn. Motion carried. Meeting adjourned at 6:56 p.m. Respectfully submitted, ft:L. U4 Vicki V olk, City Clerk () 0