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HomeMy WebLinkAboutEDA - August 17, 2010• NDOVE .?C6 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CLAN DOVER. MN. US ECONOMIC DEVELOPMENT AUTHORITY MEETING August 17, 2010 6:00 p.m. Conference Rooms A & B 1. Call to Order — 6:00 p.m. 2. Approval of Minutes (July 20, 2010) 3. Project Status Report 4. TIF District Financial Update & EDA Budget Discussion 5. Andover Station Maintenance Discussion 6. Other Business 7. Adjournment TDOVE: C 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US TO: Economic Development CC: Jim Dickinson, Executive Director FROM: Michelle Hartner, Deputy City Clerk SUBJECT: Approval of Minutes DATE: August 17, 2010 INTRODUCTION The following minutes were provided by Staff for EDA approval: July 20, 2010 DISCUSSION Regular Meeting The minutes are attached for your review. ACTION REQUIRED The EDA is requested to approve the above minutes. Respectfully submitted, Michelle Hartner Deputy City Clerk Attach: Minutes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 ANDOVER ECONOMIC DEVELOPMENT AUTHORITYMEETING JULY 20, 2010 -MINUTES A Meeting of the Andover Economic Development Authority was called to order by President Mike Gamache, July 20, 2010, 6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: Commissioners Sheri Bukkila, Don Jacobson, Mike Knight, Julie Trude Absent: Commissioners Joyce Twistol and Robert Nowak Also present: Executive Director, Jim Dickinson Director of Public Works /City Engineer, Dave Berkowitz F. ' may. 7rArvaroyn •IIy m June 15, 2010 Regular Meeting: Correct as written. Motion by Knight, Seconded by Jacobson, approval of the minutes as written. Motion carried unanimously. PURCHASEAGREEMENTAETTER OFINTENTIPROGRESS REPORT Mr. Dickinson gave an update on the following: Light Poles in Andover Station — Public Works has completed painting the light pole bases. Kwik Trip Motor FueUConvenience Store /Car Wash — The building permit has been issued and construction should begin sometime between August l and August 16 th . 2010 Special EDA Business Networking Event — A random drawing for Andover businesses to receive two Twins tickets has been done. A list of the businesses that will receive the Twins tickets was handed out the EDA Commissioners. Music at Andover Station Pergola — There has been positive feedback regarding the music event to be held at Andover Station. Walgreens and Target have stepped up to the plate supporting the event. Dynamic Sealing Technologies — On July 22 nd the owner of Dynamic will meet with Staff to review the proposed site plans for Dynamic's expansion. Andover Economic Development Authority Meeting Minutes —July 20, 2010 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 ANDOVER STATIONMAINTENANCE DISCUSSION Bunker Lake Boulevard Median — Mr. Berkowitz indicated the City is in the process of pulling a permit from Anoka County for lane closure. Prairie Restorations will then be able to get weeding/cleanup/herbicide spraying done. Medians on Jay and Martin Street — Some of the areas have new stamped concrete installed. When the medians are complete, Public Works will finish with a clean up. The project came in with a favorable cost of $14,000. Mr. Dickinson indicated the boulevards in this area have still not been cleaned up. This is the responsibility of the Andover Station II Owners Association. Commissioner Jacobson suggested reminding the Association of their responsibility. Pond Plantings and Maintenance — New plantings along the east side of the pond closest to Bunker Lake Boulevard have been installed. Commissioner Knight asked if there are any plans for the other pond. Mr. Dickinson indicated not at this time. Commissioner Trude asked about the Community Reader Board. Mr. Dickinson indicated he is securing quotes for the August meeting. He believes the quotes will range between $40,000 and $60,000. Commissioner Trude would like regular updates regarding the TIF district funds. Mr. Dickinson indicated he will provide that information at the next meeting. OTHER BUSINESS Senior Housing — Mr. Dickinson stated the owner of Grey Oaks approached Staff indicating he is looking at various options to finish the project. Mr. Dickinson reviewed the area with the Commissioners. Mr. Dickinson indicated he discussed with Mr. Windschilt that Anoka County, through their HRA does senior housing buildings. Mr. Dickinson stated the County would bond, build and manage the facility. Another option is to do the same concept as the Farmstead project. A third option is an Advanced Living facility. Commissioner Jacobson indicated his concern is about the demand for this type of facility in the city. Commissioner Bukkila stated she sees this facility as a place that Andover residents would move their parents to. Mr. Dickinson indicated other communities have done a housing study to determine demand. He Andover Economic Development Authority Meeting Minutes —July 20, 2010 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 stated generally he is in support of a housing study; however he feels the market is not right to study at this time. Commissioner Jacobson indicated he is not against the senior housing and thinks other locations in the City should be looked at. The EDA directed staff to get information from the County regarding this issue. Motion by Jacobson, Seconded by Knight, to adjourn. Motion carried unanimously. The meeting adjourned at 6:53 p.m. Respectfully submitted, Michelle Hartner, Recording Secretary (i NDOVVE 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 jWJ SUBJECT: Project Status Report DATE: August 17, 2010 INTRODUCTION This memo provides a brief update of all development activities in the Andover Station area: Kwik Trip Motor FueUConvenience Store/Car Wash — The frontage road reconstruction is completed. The building permit for the new store has been issued and construction started on August 16` 2010 Special EDA Events — The 24 pairs of Twins tickets were mailed out three weeks ago with the cover letter shown on the reverse side of this page. The first game which invited guests will attend is 7:10 p.m. Weds., August 18 (Chicago White Sox) and the second game is 7:10 p.m. Weds., September 8th (Kansas City Royals). One appointed EDA member has volunteered to be in attendance at each of the games. Music at Andover Station Pergola - The event with the "Blue Drifters" on the evening of Thurs., July 22 " was well attended (see photos). We had advertized the event in the newsletter, on the City website and posted flyers at the local business places and had articles in both the Anoka Union and Star Tribune about the event to get the word out. The manager at the Walgreens did some special advertizing and they indicated they are very interested in seeing this type of event held again. Community Bulletin Board Sign — Two quotes for the electronic (LED) signs have been obtained and will be reviewed with the EDA at the meeting. The quotes show a potential cost range between $40,000 and $50,000 per sign, depending on which options are chosen. Dynamic Sealing Technologies — The owner has been working on a site drawing and met with staff on July 22 "d to obtain informal site plan review comments. Staff is now working with them on the next option agreement (for the third lot). See attached "draft" site plan showing their long term plan for expansion. ACTION REQUESTED None is needed, this is an informational update only. Respectfully submitted, Will Neumeister zd�✓ Attachments Cover letter (Twins tickets) Median Photos "Draft" Site Plan (Dynamic Sealing) 1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 . (763) 755 -5100 FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US July 29, 2010 Business Name /Address RE: Complimentary Twins Tickets Dear Andover Business Owner, The City of Andover Economic Development Authority (EDA) in appreciation of the financial contribution made by the Minnesota Twins for the Andover Station ball fields is coordinating two (free) Twins game outings for local businesses. Due to limited availability, the EDA selected Andover based businesses at random to participate in these events. I am happy to present you with two Twins tickets as your business was one of the lucky ones that was selected. There will be one EDA member at the event and twenty -four Andover business representatives in the same seating block that night. So you might recognize some familiar faces in the few rows around your seats. Congratulations on being selected! If you have any questions, please feel free to contact me. 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DISCUSSION The Executive Director will use the attached documents as the basis for the TIF District financial update and to facilitate discussion on the EDA Special Revenue Fund budget: 1. Current TIF Cash Flow Analysis 2. EDA Special Revenue Fund Statement of Revenues, Expenditures and Changes in Fund Balance 3. Building Fund Capital Projects Fund Statement of Revenues, Expenditures and Changes in Fund Balance 4. EDA Special Revenue Fund Budget Worksheet for 2011 5. EDA Budget Detail Worksheet ACTION REQUESTED Receive a presentation and provide direction to staff. V d (n W d N O O y e6 ° z • Q T e LL C } O Q F O N U LL L U) U LL H C 0 v Q w N N > O Oaaf O LL r Q LL y T N_ U Q O LL L U) ai U -a- 1� 0 Cl) (n a N M m m p� 10 (D C d 2 G ( LL �_ H N m a m i N 0 m F.. m U O M M M _ U d N .y. 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V 3 CL 7 K U) a) E �• y R to m (1) c M 0 m > � O w m CL x t0 m d N C � O p ~ O ~ c LL O I- F- I- W O U O 0 CL H LL ai 0 Z j CTPY OF ANDOVER Budget Worksheet - 2011 EDA 2 2110 -46500 Account A Actual A Actual A Actual A Actual A Actual B Budget E Estimate R Requested Number D Description 2 2005 2 2006 2 2007 2 2008 2 2009 2 2010 2 2010 2 2011 Revenues Charges for Services 54370 T Tax Increment Administration F 1 127,507 1 155,250 1 162,553 1 173,096 1 181,416 1 180,000 1 192,000 1 165,400 Charges for Services 1 127,507 1 155,250 1 162,553 1 173,096 1 181,416 1 180,000 1 192,000 1 165.400 Investment Income 56910 I Interest Earned 2 2,730 6 6,635 8 8,174 1 14,670 7 7,959 6 6,000 6 6,000 6 6,000 56920 V Valuation Adjustment 3 328 ( (1,374) 4 4,016 ( (1,283) 1 1,527 Invemnent Income 3 3,058 5 5,261 1 12,190 1 13,387 9 9,486 6 6,000 6 6,000 6 6,000 Miscellaneous Revenue 58100 R Refunds & Reimbursements 1 13,595 1 14,770 1 11,253 1 1,693 2 2,487 Miscellaneous Revenue 1 13,595 1 14,770 1 11,253 1 1,693 2 2,487 Total Revenues 1 144,160 1 175,281 1 185,996 1 188,176 1 193 }89 1 186,000 1 198,000 1 171,400 Expenditures Salaries & Benefits Salaries &Benefits 1 100,186 5 50,273 6 60,725 7 79,811 8 84 }80 9 99,325 1 101,385 1 103,439 Departmental 61005 S Supplies - General 8 884 6 62 4 493 8 802 1 1,021 2 2,000 2 2,000 2 2,000 61130 R R & M Supplies - Landscape 1 14,929 1 13,226 1 11,226 4 4,093 - - - - - - 1 10,000 61310 M Meals / Lodging 3 386 3 396 - - - - - - 7 700 7 700 7 700 61315 C Continuing Education 2 250 2 250 2 250 1 100 - - 1 1,500 1 1,500 1 1,500 61320 A Annual Dues/ Licenses 2 285 4 450 1 14,630 7 750 7 765 8 800 8 800 8 800 61405 P Postage 6 620 5 585 7 784 3 319 1 1,061 1 1,000 1 1,000 1 1,000 61410 T Transportation / Mileage 1 1,455 1 1,221 1 1,205 1 1,839 1 1,943 2 2,200 2 2,200 2 2,200 Departmental 1 18,809 1 16,190 2 28,588 7 7,903 4 4,790 8 8,200 8 8,200 1 18,200 Operating 62005 E Electric - - - - - - 7 7,134 - - 7 7,500 8 8,000 62100 I Insurance 4 4,534 2 2,641 2 2,239 2 2,190 2 2,537 5 5,250 5 5,250 5 5,250 62200 R Rentals 7 746 6 639 - - - - - - - - 2 2,500 - - 62210 C Computer Services 1 1,500 1 1,500 1 1,500 1 1,545 1 1,600 1 1,600 1 1,600 1 1,600 Operating 6 6,780 4 4,780 3 3,739 3 3,735 1 11,271 6 6,850 1 16,850 1 14,850 Professional Services 63005 P Professional Services 3 3,530 2 2,223 1 1,965 1 1,550 5 5,656 5 5,200 5 5,200 5 5,200 63010 C Contractual Services 2 2,077 2 2,000 1 17,236 1 12,533 1 14,244 4 47,000 4 40,000 3 39,000 63015 A Attorney 5 588 9 91 - - 6 619 1 1,810 2 2,000 2 2,000 2 2,000 63025 P Publishing 1 1,019 7 733 9 947 8 816 2 25 2 2,500 1 1,000 2 2,500 63100 R R & M labor - General 8 8,928 6 6,006 3 3,282 1 1,950 - - - - - - - - 63200 I Inspections 1 1,838 5 522 1 156 2 23 3 35 Professional Services 1 17,979 1 11,575 2 23,586 1 17,491 2 21,770 5 56,700 4 48,200 4 48,700 Other Financing Uses 67101 O Operating Transfers Out Other Financing Uses Total Expenditures 1 143,753 8 82,818 1 116,638 1 108,940 1 122,211 1 171,075 1 174,635 1 185,189 Net Increase(Uecrease) in FB 4 407 9 92,463 6 69,358 7 79,236 7 71,178 1 14,925 2 23,365 ( (13,789) Fund Balance Beginning 8 88,188 8 88,595 1 181,058 2 250,416 3 329,652 4 400,830 4 400,830 4 424,195 Ending 8 88,595 1 181,058 2 250,416 3 329,652 4 400,830 4 415,755 4 424,195 4 410,406 VI//2010 City of Andover Budget Detail for all Object Codes (List each expense account individually with specific cost detail) Department / Cost Center: Economic Development - 2110 Object Code Explanation Amount Requested Total 2011 Request Priority 1 through 5 1 -high : 5 -low 2010 Budget 2011 Adjustment 61005 SUPPLIES - GENERAL 2,000 2,000 0 0 0 0 0 0 0 0 Total 2,000 0 2,000 61130 R & M SUPPLIES - LANDSCAPE 0 0 median expenditures 0 10,000 10,000 0 0 0 0 0 0 Total 0 10,000 10,000 61310 MEALS / LODGING 700 700 Special events participation - Staff /Commission 0 0 0 0 0 0 0 0 Total 700 0 700 61315 CONTINUING EDUCATION 1,500 1,500 Training opportunities - Staff /Commission 0 0 0 0 0 0 0 0 Total 1,500 0 1,500 61320 ANNUAL DUES / LICENSES 800 800 0 0 0 0 0 0 0 0 Total 800 0 800 61405 POSTAGE 1,000 1,000 Newsletter Publication 0 0 0 0 0 0 01 0 Total 1,000 0 1,000 61410 TRANSPORTATION / PARKING 2,200 2,200 Staff / Commision Travel 0 0 Executive Director % allocation 0 0 0 0 0 0 Page I of 3 ! - City of Andover Budget Detail for all Object Codes (List each expense account individually with specific cost detail) Department / Cost Center: Economic Development - 2110 Object Code Explanation Amount Requested Total 2011 Request Priority 1 through 5 1 -high : 5 -low 2010 Budget 2011 Adjustment Total 2,200 0 2,200 62005 ELECTRIC 0 8,000 8,000 Assoc cost sharing 0 0 0 0 0 0 0 0 Total 0 8,000 8,000 62100 IINSURANCE 5,250 1 5,250 Finance 0 0 0 0 0 0 0 0 Total 5,250 0 5,250 62210 COMPUTER SERVICES 1,600 1,600 Central system allocation - Server /email /imaging /etc. 0 0 0 0 0 0 0 0 Total 1,600 0 1,600 63005 PROFESSIONAL SERVICES 3,500 3,500 Audit - LB 1,700 1,700 0 0 0 0 01 0 Total 5,200 0 5,200 63010 CONTRACTUAL SERVICES 1,000 1,000 Landscaping @ Andover Station - assoc membership 10,000 (8,000) 2,000 Beyond assoc. maintenance - ASN 20,000 20,000 Xfer from 61320 - Partnership opportunities 16,000 16,000 01 0 Total 47,000 (8,000) 39,000 63015 ATTORNEY 2,000 2,000 0 0 0 0 0 0 01 0 Total 2,000 0 2,000 63025 PUBLISHING 2,500 2,500 Tax Increment Reporting 0 0 0 0 0 0 Page 2 of 3 _ - Page 3 of -19 C I T Y O F ND OVE 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, Director of Community Development SUBJECT: Andover Station Maintenance Discussion DATE: August 17, 2010 INTRODUCTION The maintenance work status is as follows: C J Bunker Lake Boulevard Median -- Prairie Restorations, Inc. (PRI) performed limited weeding and perennial guarantee /replanting work on the end caps of the Bunker Lake Boulevard median the week of June 21 They also did a major amount of cleanup /weeding/herbicide spraying on July 22 " The City was required (by the County) to do lane closures with that work (at a cost of $1,200 each time). PRI believes they should complete one more weeding of the Bunker median this year so there may be some additional cost to the EDA. Medians on Jay and Martin Street — The EDA authorized work to remove some plantings on the Jay Street median has been done. The contractor has removed the plantings and completed the work for all the areas that were to receive the new concrete. Now that the concrete work is done, the City's Public Works staff are performing maintenance work (weeding/trimming) on these medians. Pond Plantings and Maintenance — The EDA authorized new plantings along the east side of the pond in front of Target are flourishing. The Andover Station Owners Association is doing more regularly scheduled mowing of the area where the bluegrass music performance was held and is looking nice. ACTION REQUESTED The EDA is asked to further discuss the items that are presented in this memo for maintenance of the Andover Station area. Respectfully submitted,, Gu Will Neumeister Attachments: Photos of medians 1 0 �ow -,owl ri lot,- i A WVw W, 0 -top r. *Ll lbr ft IN kd. r I X. � 94 W r r, ti 04 r" 4 i� r :1 J .1 �, *A 1, dX ` �� � 1"j� `. f 'y' 'k r -� � �- �a + '�, .:r n' -- ��_ _ _�- r �r �. "- 4: ,- :;��` •y .� ,; y�_ >�:. y fU. _ . S 11 I Is h�- lb