HomeMy WebLinkAboutApril 15, 2008
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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
April 15, 2008
6:00 p.m.
Conference Rooms A & B
1. Call to Order - 6:00 p.m.
2. Approval of Minutes (4/1/08 Regular Mtg.)
3. Purchase Agreement (Golden Eagle II - Dry Cleaners)
4. Time Extension Request (MVP Baseball Academy, Inc.)
5. Update Economic Development Activities
6. Other Business
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C I T Y o F
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ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING
APRIL 15,2008 - MINUTES
A meeting of the Andover Economic Development Authority was called to order by
President Mike Gamache at 6:00 p.m., Tuesday, April 15, 2008 at the Andover City Hall,
1685 Crosstown Boulevard NW, Andover, Minnesota.
Commissioners Present: Don Jacobson, Mike Knight, Ken Ortte!, Julie Trude,
resident voting 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
April], 2008
Motion by Jacobson, seconded by Knight to approve the minutes of April 1, 2008 was
written. Motion carried.
PURCHASE AGREEMENT (GOLDEN EAGLE II-DRY CLEANERS)
The following changes were made to the purchase agreement:
Page 1, 3.B: 6th line should read "By July 5,2008 the adjacent owner will have used
what he needs, then the balance of what remains can be used on Buyer's site.
Page 2. 2nd paragraph, remove the line "The Buyer shall be responsible for the city
water and sewer connection charges at the time of building permit."
Page 2, 5.(b) the following should be added at the end of the paragraph: "Buyer's
obligation to close is subject to the Buyer obtaining satisfactory financing at Buyer's sole
discretion. "
Page 11, 21.A: Remove the sentence beginning "With this agreement preceding the
current.....". Add "The Seller agrees to pay the entire cost of driveway construction from
the south edge of the property to 139th Lane NW."
Page 12.23, last sentence add "printers with printing plant".
0 Motion by Knight, seconded by Orttel to approve the purchase agreement as amended.
Motion carried unanimously.
0 EDA Meeting
April 15, 2008 - Minutes
Page 2
TIME EXTENSION REQUEST (MVP BASEBALL ACADEMY. INC.)
Mr. Neumeister explained that the original agreement has expired and Mr. Larkin would
like the EDA to know he is still interested in proceeding with the project. He needs 90
days to obtain his SBA loan.
Motion by Jacobson, seconded by Orttel to extend the purchase agreement for an
additiona190 days from April 15, 2008. Motion carried on a 5-yes (Gamache, Orttel,
Jacobson, Knight, Trude), 2-no (Twistol, Nowak) vote.
UPDATE ECONOMIC DEVELOPMENT ACTWITIES
Mr. Neumeister updated the EDA on the following economic development activities:
Thurston-DeShaw Funeral Home: They are moving furniture in and hope to be open
soon.
g Day Care Site: They plan to start construction May 8th, not May 5th.
Blue Fin Pool & Spa: Mr. Rudnicki felt that he should have been heard at the last
meeting regarding this project as he feels it's a warehouse showroom type of building and
he also is concerned about the height.
Moose & Co. Grill House: The Conditional Use Permit and liquor license are on
tonight's Council agenda.
Light Industrial Building (Dynamic Sealing Technologies): The building permit should
go out tomorrow.
Office Develpoment: Staffhas started marketing the site through the new MSP website.
Kwik Trip Convenience Store: They have a verbal commitment from Eddy's to buy the
land. At the next EDA meeting staff will discuss the rebuilding of the frontage road.
OTHER BUSINESS
Motion by Trude, seconded by Knight to schedule an EDA Meeting for 6:00 p.m.,
0 Tuesday, May 6, 2008. Motion carried unanimously.
Motion by Trude, seconded by Jacobson to adjourn. Motion carried unanimously.
Meeting adjourned at 6:56 p.m.
0 EDA Meeting
April 15, 2008 - Minutes
Page 3
Respectfully submitted,
Vicki V olk
City Clerk
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