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HomeMy WebLinkAboutEDA December 16, 2008 C I T Y o F 0 NDOVE 1685 CROSSTOWN BOULEVARD N,W, . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW,CI.ANDOVER,MN,US ECONOMIC DEVELOPMENT AUTHORITY MEETING December 16, 2008 6:00 p.m. Conference Rooms A & B 1. Call to Order - 6:00 p.m. 2. Approval of Minutes (12/2/08 Regular Mtg.) 3. Purchase Agreement/Letter of Intent/Progress Review 0 4. Other Business 0 @ 0 1685 CROSSTOWN BOULEVARD N,W, . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW,CI.ANDOVER,MN,US TO: Economic Development Authority ,..-- CC: Jim Dickinson, Executive Director FROM: Michelle Hartner, Deputy City Clerk SUBJECT: Approval of Minutes DATE: December 16, 2008 INTRODUCTION The following minutes were provided by staff for approval by the EDA: December 2, 2008 Regular Meeting 0 DISCUSSION The minutes are attached for your review. ACTION REQUIRED The EDA is requested to approve the above minutes. Respectfully submitted, Mic elle Hartner Deputy City Clerk Attach: Minutes 0 O~ 3 4 5 6 ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING 7 DECEMBER 2, 2008 - MINUTES 8 9 10 A Meeting of the Andover Economic Development Authority was called to order by President 11 Gamache, December 2,2008, 6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, 12 Andover, Minnesota. 13 14 Present: Commissioners Mike Knight, Ken Orttel, Julie Trude, Don 15 Jacobson and Voting Resident Member Robert Nowak 16 Absent: Voting Resident Member Joyce Twistol 17 Also present: Executive Director, Jim Dickinson 18 Community Development Director, Will Neumeister 19 Council Member Elect, Sheri Bukkila 20 Others 21 22 023 APPRO V AL OF MINUTES 24 25 November 18, 2008 Regular Meeting: Correct as written. 26 27 Motion by Knight, Seconded by Jacobson, approval of the minutes as written. Motion carried 28 unanimously. (Twistol absent) 29 30 November 18, 2008 Closed Session: Correct as written. 31 32 Motion by Jacobson, Seconded by Trude approval of the minutes as written. Motion carried 33 unanimously. (Twistol absent) 34 35 REVIEW ANDOVER STATION DESIGN GUIDELINES (FOR OUTDOOR DISPLAYS) 36 37 Mr. Neumeister stated the EDA needs to decide how strict they want to be with allowing outdoor 38 display areas for businesses in Andover Station and Andover Station North. If the EDA is going 39 to allow the outdoor displays then the guidelines will need to be changed. 40 41 Commissioner Trude discussed the use of the Redbox located at Walgreens. 42 43 Commissioner Jacobson stated he doesn't have an issue with the outdoor displays; however the 044 guidelines don't allow this so the guidelines should be changed. 45 46 Commissioner Orttel stated the guidelines address outdoor storage and sales. Which this issue is 47 neither since you have to go into the store to pay for the item and the items are brought in to the 48 business at closing. 0 Andover Economic Development Authority Meeting Minutes - December 2, 2008 Page 2 1 2 Commissioner Trude asked if any ofthe items are permanent. She doesn't believe they are. 3 4 Commissioner Jacobson stated he would like staff to change the wording on the guidelines to 5 . allow for outdoor displays for both Andover Station and Andover Station North. 6 7 Commissioner Knight stating he would like there to be a limit on the number of vending 8 machines allowed. He would also like vending machines and outdoor displays to be listed 9 separately in the guidelines. 10 11 Commissioner Trude would like staff to talk to the association at Andover Station to see if they 12 have any suggestions or ideas to the change in the guidelines. 13 14 Mr. Neumeister stated staff will modify the language on the guidelines and bring back to the next 15 EDA meeting. 16 17 PARKSIDE AT ANDOVER STATION (PURCHASE AGREEMENT NEGOTIATIONS) 18 019 Mr. Dickinson stated this item is a continuation from the last meeting. Staffhas been meeting 20 with Bruggeman representatives. As a result of meeting with Bruggeman staff is recommending 21 to combine the current two notes, extend the maturity date to December 31, 2012 and reduce the 22 interest rate from 6% to 4.5%. 23 24 Mr. Dickinson reviewed what?s been constructed to date. The target price is $139,900; lower 25 than Blaine and higher than Ramsey. 26 27 Commissioner Jacobson questioned the benefits to dropping the interest rate. Mr. Dickinson 28 stated it allows Bruggeman more capital availability. Banks are lending at prime which is 4.5%. 29 30 Motion by Jacobson, Seconded by Knight, approve to combine the two current notes and extend 31 the maturity date to December 31, 2012. Motion carried unanimously. (Twistol absent) 32 33 Motion by Knight, Seconded by Orttel, approve to reduce the interest rate from 6% to 4.5%. 34 Motion carried 5 ayes, 1 nay (Jacobson). (Twistol absent) 35 36 DISCUSS PROPOSED COMMUNICATION SITE LEASE-ANDOVER STATION NORTH 37 38 Mr. Dickinson stated the EDA was approached by Verizon Wireless for the potential of a 39 communication site lease at Andover Station North Ball Field Complex. Verizon would like to 040 swap out a light pole for an antenna. Mr. Dickinson stated there would be a building located at 41 the base of the antenna. Staff has contacted the MPCA which seem to be somewhat favorable. 42 Bruggeman and businesses in the area were also contacted. They don't have a problem with the 43 antenna but they would like to see some of the revenue assist in maintaining the area. As the 44 owner ofthe property the EDA needs to decide whether or not to lease this property. 0 Andover Economic Development Authority Meeting Minutes - December 2, 2008 Page 3 1 2 Commissioner Jacobson doesn't have a problem with the antenna but wonders why the building 3 at the foot ofthe antenna needs to be so large. Mr. Dickinson stated one issue ARC has is the 4 size of the building. Mr. Dickson has talked to Mr. Nelson the consultant ofthe project and 5 stated they will not be allowed a building that size. 6 7 Commissioner Trude questioned adding a light pole on the east field instead of using an existing 8 pole. Mr. Dickinson stated part of the rationale the middle field was selected was having a buffer 9 to the developable lot to the east. 10 11 Commissioner Knight stated foul balls would be going into the fenced areas and then kids would 12 be climbing the fence. Mr. Dickinson stated they would require a top to be on the fence. 13 14 Commissioner Jacobson stated he's ok with the antenna but not the size ofthe building. 15 16 Mr. Dickinson stated this will need to go through the Conditional Use Permit process. 17 18 019 TIF PROJECT DISCUSSION 20 21 Mr. Neumeister stated at the last meeting the EDA directed staff to provide potential projects that 22 the TIF funds could be used for. The first three options have to do with the area of Bunker Lake 23- Boulevard and Crosstown Drive. 24 25 Option one would be a redevelopment project. This would be a large project with costs over 4 26 million. 27 28 Option two would be upgrading the appearance of this area. 29 30 Option three would be bringing sewer to this area. 31 32 Option four would be reconstruction of a portion of the Bunker Lake Boulevard frontage road by 33 Eddie's Auto Body. 34 35 Option five would be bringing sewer and water to the property owner at the NE comer of 7th 36 A venue and Bunker Lake Boulevard. 37 38 Option six would be to extend the watermain to Hughs Industrial Park. 39 040 President Gamache stated the agreement of the Bunker Lake Boulevard frontage road needs to be 41 looked at. He would like to see this frontage road tied into the Mobile Station. Mr. Dickinson 42 stated the frontage road would be tied into Grouse Street. 43 44 0 Andover Economic Development Authority Meeting Minutes - December 2, 2008 Page 4 1 2 Voting Resident Member Mr. Nowak asked if there are any other project ideas that staffhas. Mr. 3 Neumeister stated this is all they could come up with in a week. 4 5 6 Motion by Jacobson, Seconded by Orttel to adjourn. Motion carried unanimously. (Twistol 7 absent) The meeting adjourned at 7:00 p.m. 8 9 Respectfully submitted, 10 11 12 Michelle Hartner, Recording Secretary 0 0 C I T Y o F @ -0 NDOVE 1685 CROSSTOWN BOULEVARD N,W, . ANDOVER, MINNESOTA 55304. (763) 755-5100 FAX (763) 755-8923. WWW,CI.ANDOVER,MN,US TO: EDA President and Board CC: Jim Dickinson, Executive Director FROM: Will Neumeister, Community Development Director kft.- SUBJECT: Purchase Agreement/Letter of Intent/Progress Review DATE: December 16, 2008 INTRODUCTION This memo is provided as an update for all economic development activities related to Andover Station North: Mr. T's Dry Cleaners - Laura Heppner is still trying to fill up the planned building so that she can 0 move ahead to build the entire building in the spring of 2009. Blue Fin Pool & Spa - They are under construction and nearly have all the exterior walls. up. Moose & Co. Grill House - The footings are in and they have not obtained any other permits as yet. Office Development - Staff has been marketing the site through both the MSP and CoStar websites. The City sign shop made up new "For Sale" signs and put them up. Monument Signs - The signs are finally lit up. Kwik Trip Convenience Store/Car Wash - Kwik Trip has been waiting for Eddy's Auto Body to find a place to move. Eddy has begun discussions with Kottkes Bus Company about buying the vacant land east of their current site. They would need a CUP for auto body repair and outdoor storage. Kwik Trip's original letter of intent has expired and they have begun to renegotiate the purchase ofthe property, so it is not clear whether this will happen or not. ACTION REQUESTED No action is needed, this is only an informational update. .~ 0 Respectfully submitted, Will Neumeister