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HomeMy WebLinkAboutEDA - January 5, 2010 C I T Y o F 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 January 5, 2010 6:00 p.m. Conference Rooms A & B 1. Call to Order - 6:00 p.m. 2. Approval of Minutes (November 17,2009) 3. Organizational Items 4. Review 2010 CDBG Application 5. Parkside at Andover Station Negotiation Update - Verbal 6. Purchase Agreement/Letter ofIntent/Progress Report 7. Other Business 8. Adjourn @ 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW.C1.ANDOVER.MN.US TO: Economic Development Authority CC: Jim Dickinson, Executive Director FROM: Michelle Hartner, Deputy City Clerk SUBJECT: Approval of Minutes DATE: January 5, 2010 INTRODUCTION The following minutes were provided by Staff for EDA approval: November 17,2009 Regular Meeting DISCUSSION The minutes are attached for your review. ACTION REOUIRED The EDA is requested to approve the above minutes. Respectfully submitted, ~~ Michelle Hartner Deputy City Clerk Attach: Minutes 1 2 3 4 5 ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING 6 NOVEMBER 17, 2009 - MINUTES 7 8 9 A Meeting of the Andover Economic Development Authority was called to order by President Mike 10 Gamache, November 17,2009,6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, 11 Andover, Minnesota. 12 13 Present: Commissioners Don Jacobson, Sheri Bukkila (arrived 6:02 p.m,) 14 Mike Knight, Julie Trude, Robert Nowak, Joyce Twistol 15 Absent: None 16 Also present: Executive Director, Jim Dickinson 17 Community Development Director, Will Neumeister 18 19 20 21 APPROVAL OF MINUTES 22 23 November 4, 2009 Regular Meeting: Correct as written. 24 25 November 4, 2009 Closed Meeting: Correct as written. 26 27 Motion by Jacobson, Seconded by Knight, approval of the minutes as written. Motion carried 28 unanimously. (Bukkila absent) 29 30 APPROVE LMCIT LIABILITY COVERAGE 31 32 Motion by Trude, Seconded by Knight, approved to not waive the monetary limits on tort 33 liability established by Minnesota Statues 466.04, Motion carried unanimously. (Bukkila 34 absent) 35 36 DISCUSS/APPROVE - RESOLUTION ADOPTING A MODIFICATION TO THE 37 DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO.1, A 38 MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR TAX 39 INCREMENT FINANCING DISTRICT NO. 1-1 (COUNTY NO. F9), AND A 40 MODIFICATION TO THE TAX INCREMENT FINANCING PLAN FOR TAX 41 INCREMENT FINANCING DISTRICT NO. 1-2 (COUNTY NO. Gl). 42 43 Mr. Dickinson indicated as we get closer to the decertification date ofTIF Districts 1-1 and 1-2, 44 it is time to match up the paperwork with the State Auditor's Office. In the end we need to meet 45 the State Auditor's requirements, We need to make modifications and realign our budget. There 46 is no increase to the budget, we are just realigning and quantifying the true dates of 47 decertification that are eligible. 48 Andover Economic Development Authority Meeting Minutes - November 17, 2009 Page 2 1 Mr. Dickinson indicated in the clause is the ability to decertify early. There are a number of 2 options on closing up the district, everything else is the same, It is in compliance with the 3 Comprehensive Plan and the redevelopment district that was established in 1986. 4 5 Commissioner Trude asked if Bruggeman could not pay their final payment would that affect the 6 billing of the bonds. Mr. Dickinson stated the EDA does not need to sell anything else and we 7 will still be able to pay the bonds based on tax increments coming in. 8 9 Commissioner Trude suggested an EDA Workshop in 2010 to decide what projects to set aside 10 funds for before decertification. Mr. Dickinson indicated decertification will begin mid 2011. 11 12 Mr. Dickinson indicated the money can be spent on infrastructure. He pointed out on the map 13 the area where the funds could be spent. 14 15 Commissioner Jacobson asked how much money there is to work with. Mr, Dickinson stated he 16 anticipates having 1.1 million available for a project. 17 18 Commissioner Knight asked other than projects what are the other expenditures. Mr. Dickinson 19 indicated most ofthe expenditures are road improvement costs, excavation costs, environmental 20 clean up costs and land acquisition. 21 22 Mr. Dickinson reviewed TIF Districts 1-1 (Andover Station) and 1-2 (Downtown Center). 23 24 Motion by Jacobson, Seconded by Knight, to approve the resolution as presented. 25 26 President Gamache asked how the TIF areas are determined. Mr. Dickinson indicted the areas 27 are determined by City Council and EDA. The current districts were created in 1986. 28 29 Areas in the City to create a possible TIF District were discussed, 30 31 Motion carried unanimously. 32 33 PURCHASE AGREEMENT/LETTER OF INTENT/PRGRESS REPORT 34 35 Mr. Neumeister updated on the following: 36 37 Banners for Andover Station North - 15 barmers, 15 arms and 10 extra banners were ordered for 38 Andover Station North, 39 40 Moose & Co. Grill House - The owners are still looking to sell. One investor is still actively 41 marketing the property. 42 43 Office Development and Retail Development Sites - Jeff Benedict, VanGuard Construction owns 44 the plans for the sports training facility. There is some interest in putting together another Andover Economic Development Authority Meeting Minutes - November 17, 2009 Page 3 1 development proposal. 2 3 Monument Sign - New sign faces will be installed soon, 4 5 Kwik Trip - New plans have been submitted. 6 7 DISCUSS/APPROVE 2010 EDA SPECIAL REVENUE FUND 8 9 Mr. Dickinson indicated armually the EDA adopts a Special Revenue Budget. Modifications were 10 discussed at the last EDA meeting. Discussed was transferring dollars from the armual dues and 11 licenses to a contractual service line item. Also added was $20,000 to the contractual service line for 12 additional maintenance at Andover Station and Andover Station North. In total there is $46,000 13 allocated to maintenance at Andover Station and Andover Station North. 14 15 Mr. Dickinson stated there are some dollars available in the fund balance. Weare trying to position 16 that number by the end of the decertification to be close to$500,000. The EDA would have the 17 ability to operate without tax levy support for many years, 18 19 Commissioner Jacobson asked if the EDA decided to put on events at Andover Station where would 20 those funds come from. Mr. Dickinson indicated that would be in the contractual service line item. 21 22 The medians on Bunker Lake Boulevard were discussed. 23 24 Commissioner Nowak asked why the $25,000 from United Properties is not listed on the budget. 25 Mr. Dickinson indicated it is in an escrow account and can be listed on a summary in the future. 26 27 Motion by Knight, Seconded by Bukkila, to approve the 2010 EDA Special Revenue Fund Budget. 28 Motion carried unanimously. 29 30 OTHER BUSINESS 31 32 Mr. Neumeister reviewed the new set of plans submitted for the Kwik Trip Store. The commercial 33 site plan review will be next week. He wanted suggestions for any exterior changes, 34 35 Commissioner Twistol suggested a brick enhancement for the garbage enclosure. The EDA agreed, 36 37 Commissioner Jacobson stated the new plans have the windows on the north side and the ice chests 38 have been moved, as suggested by Council. He feels with the brick enclosure for the garbage this 39 building will look very nice. 40 41 42 Andover Economic Development Authority Meeting Minutes - November 17, 2009 Page 4 1 Motion by Jacobson, Seconded by Bukkila, to adjourn. Motion carried unanimously. The meeting 2 adjourned at 6:59 p.m. 3 4 Respectfully submitted, 5 6 Michelle Hartner, Recording Secretary @) 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US TO: President and Commissioners FROM: Jim Dickinson, City Administrator SUBJECT: Organizational Items - Appoint Officers of the Andover Economic Development Authority (EDA) DATE: January 5,2010 INTRODUCTION The Andover EDA is comprised of seven (7) commissioners, five (5) commissioners are the members of the Andover City Council serving terms that coincide with their Council terms and two (2) voting resident members serving six (6) year terms. DISCUSSION The current Andover EDA officers with EDA term and staff appointments are as follows: President Mike Gamache (Term expires 01/04/11) Vice-President Julie Trude (Term expires 01/04/11) Secretary Don Jacobson (Term expires 01/04/11) Treasurer Mike Knight (Term expires 01/02/13) Assistant Treasurer Sheri Bukkila (Term expires 01/02/13) Resident Commissioner Robert Nowak, Sr. (Term expires 01/01/14) Resident Commissioner Joyce Twistol (Term expires 01/01/14) Recording Secretary Michelle Hartner Executive Director Jim Dickinson ACTION REQUESTED Reappoint the aforementioned officers or appoint new officers for the EDA. @ 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US TO: President and EDA Members CC: Jim Dickinson, Executive Direct FROM: Will Neumeister, Community Development Director (~ SUBJECT: Review 2010 CDBG Application DATE: January 5, 2010 INTRODUCTION Please review the attached report that is going to the Council for review and discussion this evening. DISCUSSION As described in the report, the EDA could potentially use Tax Increment Finance (TIF) funds for some or all of these costs in excess of what a successful CDBG grant would pay for. The project is within the Development District and this is a TIF eligible expense. The EDA reaction and recommendation regarding the use of TIF funds to underwrite some or all of the costs (above what is funded by CDBG) will be forwarded to the City Council. ACTION REQUESTED The EDA is asked to review the 2010 application for CDBG funding and make a recommendation on the use of TIF funds as described. Respectfully submitted, Will Neumeister u.4- Attachments: Council's CDBG Report 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304. (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US TO: Mayor and Council Members CC: Jim Dickinson, City Administrator FROM: Will Neumeister, Community Development Director w)"'" SUBJECT: Discuss/Authorize 2010 CDBG Application - Planning DATE: January 5, 2010 INTRODUCTION Project At the December 15,2009 Council meeting, staff suggested a CDBG grant application be prepared for installation ofwatermain down 138th Avenue and Xavis Street (see attached map). Council directed staff to prepare an Engineer's cost estimate for the project to determine the costs involved with constructing approximately 1,200 feet of new watermain. Benefit This project would make City watermain available to approximately 49 (low/moderate income) housing units. These housing units currently obtain their water from private wells. The project would not only provide a reliable safe source of domestic potable water, but it would also improve fire protection. The only fire hydrants to serve these units are located on the extreme ends of the area proposed for new watermain, DISCUSSION Costs of the Project Watermain The City Engineer's estimate for constructing the watermain is $138,500. Road Reconstruction is Necessary The installation of this watermain will require the street be completely rebuilt. Based on the current condition of the roadway, it is staffs assessment that this road will need to be rebuilt in 8 to 10 years. The estimated cost to reconstruct the street would be an additional $162,900. Pursuant to City Road Reconstruct Assessment Policy 25% is normally assessed to the benefitted property owners, Trunk System Charges "Trunk Source and Storage Charges" are estimated at $208,900. The trunk charges are typically collected at the time of construction of the watermain. Total Project Cost Improvement Cost Watermain $138,500 Road Reconstruction $162,900 Trunk Source and Storage $208,900 Total $510,300 Staff Recommendation Anoka County's CDBG funding guidelines include a maximum single year grant request of $300,000. Staff is recommending the maximum grant be sought due to the projected costs outlined above. Cost of Connecting the Units to Water The estimated cost of connecting the new water line from the edge of the street right-of- way to the building and making plumbing changes in the building is estimated to be $4,000 per connection. It is advisable that two connections be made for each duplex to allow for future splitting of the units. A single six inch service is recommended for each four-plex. The expense and work of making the final connections of the building to the street is considered the owner's responsibility and is not included in the City Engineer's estimate. TIF Funds Could Be Used For some or all of the costs in excess of what a successful grant would pay for, the Council and EDA could consider potentially using Tax Increment Financing (TIF) fullds (the project is within the Development District). If the EDA doesn't agree to the use of TIF for this purpose, then the costs above and beyond what is paid for by CDBG would be the responsibility of the property owners to pay. If the use of TIF funds is considered, then the EDA will need to review and approve of those expenditures. The potential use of TIF funds will be reviewed by the EDA at their January 5th meeting. Staff will update the Council on the EDA's reaction and recommendation. Area Not in Project Administration and Engineering are not recommending the project include serving the multi-family units fronting on Bunker Lake Boulevard. Those costs are estimated to be nearly as large as those described above. Staff would suggest that this be a 2011 or future CDBG grant application, if the first project is successful. CDBG Eligible Anoka County staff initial reaction was that this would be an eligible project, provided at least 51 % of the residents in this area are oflow or moderate income. Staff would need to do an income survey, but it is believed that this area would be able to meet that requirement. If the project is funded and moves forward, the units that don't meet the income requirement would have an assessment that would need to be funded from non- CDBGfunds, Next Steps If the Council would like to submit this application for CDBG funding, Council needs to approve a resolution of authorization (a suggested resolution is attached). The resolution of approval by the Council is one of the required elements of the CD BG application. The source of all needed funds will need to be identified for the grant application and then staff will prepare the remainder of the application and submit it to Anoka County prior to the January 15,2010 deadline. ACTION REQUESTED The Council is asked to discuss the 2010 application for CDBG funding, If the Council would like to pursue the grant, adopt the attached resolution for submission with the CDBG application. Respectfully submitted, Will Neumeister f.",,1- Attachments: CDBG Resolution Aerial Photo (potential project area) Location Map of Project Area CITY OF ANDOVER COUNTYOFANOKA STATE OF MINNESOTA R A RESOLUTION AUTHORIZING APPLICATIONS FOR 2010 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO BE USED TO CONDUCT PROJECTS WITHIN THE CITY OF ANDOVER FOR THE BETTERMENT OF ANDOVER RESIDENTS WHEREAS, the City Council recognizes the need to use Community Development Block Grant funds for the betterment of Andover residents; and WHEREAS, the County of Anoka makes said funds available to the City through the United States Department of Housing and Urban Development, following guidelines established for the use of Community Development Block Grant funds; and WHEREAS, the City will be eligible to receive funds distributed by Anoka County to conduct projects for the residents ofthe City for the 2010 fiscal year; and NOW, THEREFORE, BE IT RESOLVED, that the City Council hereby approves the 2010 Community Development Block Grant Projects and Budget as follows: 2010 Authorized CDBG Application with Requested Amount 2010 Proiect Proposal Watermain Construction Program $300,000 TOTAL $300,000 Adopted by the City Council of the City of Andover on this 5th day of January, 2010. 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'_v"~__ .... . ~~ ""m",,,,,,,,,oomp,',",,mlh,,nok' 400 200 0 4no ~,~"""=_.._.....,_...",.,,,,,,,- County .t.ssessul''!' D:::atmso:;, .-="!!'"............,....,..".. U , ,_' 1S!!e._ =:.,,,,--.l!"i"-- -n~""", Pro!~ct .Lo:::atlon: H''.GISDATJ',v::;OR::.',;:::R.:;>J::.CTS\I-lAL= _S::.C_BOOKM::D . P ag e 68 . _ _ .. ,'_. ...,' .... .._" .. _. _.'" Feet @ 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 w)v.-.-- SUBJECT: Purchase Agreement/Letter of Intent/Progress Review DATE: January 5, 2010 INTRODUCTION This memo provides a brief update of all development activities in the Andover Station area: Banners for Andover Station North - The barmers and arms were ordered and have arrived, If the weather cooperates, we will have the public works crew put them up. Moose & Co. Grill House - The owners are still working to sell the site, Office Development and Retail Development Sites - No recent inquiries to report. Monument Sign (small one) - Louis Rudnicki and Scott Brenner have the signed agreement and are working on putting in new panels in the small sign as discussed and agreed to on July 21 5t , Kwik Trip Motor FueVConvenience Store/Car Wash - The "Commercial Site Plan" has been approved and they closed on the property on December 22nd. Spring construction is plarmed. Annual Meeting of the Andover Station North Owners Association - The armual meeting is scheduled for 4:30 p.m. on January 5, 2010 at City Hall. Staff will highlight the major outcomes ofthe meeting at the EDA meeting. The primary purpose of the meeting is to proportionately allocate the 2010 projected assessments to all the property owners. ACTION REQUESTED This is an informational update only, no action is requested. 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