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HomeMy WebLinkAboutAugust 8, 2007 ~ Ct/.l-- '. 1')_1-01 w-u fk-.r-. 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 8, 2007 6:00 p.m. Conference Rooms A & B AGENDA 1. Call to Order - 6:00 p.m. 2. Approval of Minutes (7/17/07 Regular Mtg.) 3. Review Purchase Agreement (Tasty Pizza) 0 4. Discuss Frontage Road Reconstruction Request (Kwik Trip Store/Car Wash) 5. Update on Economic Development Activities 6. Other Business 7. Adjourn SO C ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING AUGUST 8,2007 - MINUTES A Meeting of the Andover Economic Development Authority was called to order by Vice President Julie Trude, August 8, 2007, 6:03 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: President Mike Gamache (arrived at 6:14 p.m.), Commissioners Don Jacobson, Mike Knight (arrived at 6:14 p.m.), Ken Orttel, and Voting resident member Joyce Twistol Absent; Voting resident member Robert Nowak Also present: Executive Director, Jim Dickinson Community Development Director, Will Neumeister City Engineer, Dave Berkowitz Others 0 APPROVAL OF MINUTES July 17, 2007: Correct as amended Vice President Trude stated on page 2, line 4, it should say, "the EDA will need to rescind the purchase agreement submitted to the Sportsman's Grill." Page 2, line 7, should say, "Discussion regarding the process of rescinding the purchase agreement." Page 2, line 9, the motion should say, "to rescind the previous purchase agreement submitted to Sportsman's Grill. MOTION by Jacobson, Seconded by Orttel, approval of the Minutes as amended. Motion carried nmmimously. REVIEW PURCHASE AGREEMENT (TASTY PIZZA) Sarah Brenk from Tasty Pizza stated there are some changes to the purchase agreement recommended by her attorney. Page 2, paragraph 7, under seller shall pay she would like "pending assessments" to be included. Page 1, paragraph 5, Contingencies, adding that project costs need to be acceptable to the buyer. She would also like the purchase agreement to include an indemnity clause regarding any contaminated soil found on the site. Mr. Neumeister stated the site has been cleaned up to the satisfaction of the MPCA. Commissioner Trude would like the City Attorney to write up the clause regarding soil contamination. 0 Andover Economic Development Authority Meeting Minutes - August 8, 2007 Page 2 MOTION by Trude, Seconded by Jacobson, authorizing staff to sign on behalf of the EDA with the discussed provisions in the purchase agreement with Tasty Pizza. Motion carried nmmimously. DISCUSS FRONTAGE ROAD RECONSTRUCTION REQUEST (KWIK TRIP STORE/CAR WASH) Mr. Neumeister introduced Mr. Van Tassel who is representing Kwik Trip. Mr. Van Tassel is asking for assistance from the city in reconstructing the frontage road at Jay Street and Bunker Lake Boulevard. Commissioner Jacobson asked the cost of the project and if the city would be in charge of the construction of the project. Mr. Berkowitz stated the estimated cost of the project is $200,000; however if the cost exceeds that amount, Kwik Trip would be responsible for the remaining cost. The city would be in 0 crurrgeoftheconstructioa Commissioner Trude asked about the other property owners along the frontage road contributing to the cost of the project. Mr. Dickinson explained the benefits for all the properties in that area Mr. Van Tassel stated the background of the Kwik Trip Company. They are considered a small grocery store, not just a gas statioa This would be the first North Metro store. The square footage of the building would be 5,200. Kwik Trip's srurre of the cost of the frontage road project would be 47 percent. They would also be giving the city more right-of-way easement then Kwik Trip would be getting back Construction would be next year. Commissioner Knight suggested Mr. Dickinson contact Kottkes and Mobil regarding the frontage road constructioa EDA would like a report from staff at the next meeting. UPDATE ON ECONOMIC DEVELOPMENT ACTIVITIES Mr. Neumeister gave updates on the following: 0 Rudnicki's Retail Building-A hair salon has submitted a plan for a tenant finish permit. Funeral Home-Ground breaking will be August 22, 2007 at 11 :00 am. 0 Andover Economic Development Authority Meeting Minutes - August 8, 2007 Page 3 Office Development-There may be more interest if the property is office pads and they could be sold off one at a time. MVP Baseball (John Larkin)-Would still like to close before September 1, 2007. Still working on financing and needs to get an appraisal report. Dynamic Sealing Technologies-The building design and site plan are being prepared. Soil borings will be done next week. Northstar Partners-The agreement will expire August 31, 2007. Northstar would like a six- month extension. Motion by Trude, Seconded by Jacobson, to extend the current agreement for six months. Motion carried lImmimously. Other Retail-A new plan regarding a portion ofland south of Rudnicki's retail center. This could enable the retail center to continue expanding as the market allows and still allow for a restaurant 0 site. Motion by Jacobson, Seconded by Knight, to adjourn. Motion carried lImmimously. The meeting adjourned at 7:02 p.m. Respectfully submitted, ~()A-!YJu.J Miell lIe Hartner, Recording Secretary 0