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HomeMy WebLinkAboutEDA - November 30, 2010 " 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304. (763) 755-5100 FAX (763) 755-8923 . WWW,CJ.ANDOVER.MN.US SPECIAL 1 ECONOMIC DEVELOPMENT AUTHORITY MEETING Tuesday, November 30,2010 Conference Rooms A & B 1. Call to Order - 6:00 p.m. a) Public Hearing Land Sale b) Lot 2, Block 3 Andover Station North c) Lot 3, Block 3 Andover Station North d) Approve LMCIT Liability Coverage 2. Adjournment C.Q.b.~ 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 Dklo",on, Exocutivo DUocto~ FROM: Will Neumeister, Director of Community Development i 1/fI/-' SUBJECT: Public Hearing on EDA Land Sales: Lot 2, Block 3, Andover Station North Lot 3, Block 3, Andover Station North DATE: November 30,2010 INTRODUCTION The City Attorney has advised that according to State Statute, the EDA must hold a public hearing prior to any land sales in the redevelopment area known as Andover Station North. Lot 2, Block 3, and Lot 3, Block 3, Andover Station North are being sold to Dynamic Sealing Technologies, Inc. The City had purchase agreements prepared (and are signed) and are pending a closing date on the parcels. The legal notice has been published at least ten days prior to this meeting (on 11119/1 0). ACTION REOUESTED The EDA is requested to open the public hearing and request public comment. If no public comments are made, then the EDA may close the public hearing and discuss the proposed resolution. The City Attorney has also advised that the EDA should pass a resolution indicating it is in the public interest to sell these properties and that the specified intended use of the parcels is in keeping with the interest of the City of Andover EDA to further the redevelopment of Andover Station North (see attached resolution). Staff recommends the land sales be completed as they meet the original objective of redeveloping the area with a diversity of different uses that will meet the needs of the broader community. All proposed buildings shall conform to the design guidelines that were established for Andover Station North and will compliment the entire Andover Station redevelopment area. The site plan of the Dynamic Sealing Technologies, Inc. building expansion is attached to show how it will connect to the existing Dynamic Sealing Technologies, Inc. building. The architectural design of the proposed building expansion will match the existing building. ACTION REOUIRED The EDA is asked to hold a public hearing and take public comment on the proposed land sale; and review the attached resolution. If the EDA agrees with the findings in the resolution, a motion to approve the resolution and allow the land sales would be in order. Respectfully submitted,~ Will Neumeister vU Attachments: Legal Notice; Resolution; Site Plan CITY OF ANDOVER EDA COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. - 10 A RESOLUTION APPROVING THE LAND SALE OF PARCELS LOCATED IN ANDOVER STATION NORTH WHEREAS, the City of Andover EDA has held a public hearing to gather public comments on the proposed land sales and to disclose the pending land sales in Andover Station North to Dynamic Sealing Technologies, Inc. (Lots 2 & 3, Block 3), and WHEREAS, the findings substantiating that it is in the public interest to sell the EDA owned parcels to this company include the following: A. The land sales to the enterprise noted above meets the original objective of redeveloping the area with a diversity of different uses that will meet the needs of the broader community. B. All proposed buildings shall conform to the design guidelines that were established for Andover Station North and will compliment the entire Andover Station redevelopment area. NOW, THEREFORE, BE IT RESOLVED by the EDA ofthe City of Andover, Anoka County, Minnesota, that the public hearing has been held and it has been found to be in the public's interest to sell EDA owned land to Dynamic Sealing Technologies, Inc. (Lots 2 & 3, Block 3). Adopted by the EDA of the City of Andover this 30th day of November, 2010. CITY OF ANDOVER EDA Michael R. Gamache, President Attest: Michelle Hartner - Deputy City Clerk 2 , NOTICE OF PUBLIC HEARING CITY OF ANDOVER COUNTY OF ANOKA STATE OF MINNESOTA The Economic Development Authority of the City of Andover will hold a public hearing at 6:00 p.m., or as soon thereafter as can be heard, on Tuesday, November 30, 2010 at Andover City Hall, 1685 Crosstown Blvd NW, Andover. This public hearing is to discuss land sales of Lot 2, Block 3, Andover Station North; and Lot 3, Block 3, Andover Station North. The land sales will be reviewed to determine if the land sales are in keeping with the intent outlined in Minnesota State Statute 469.105. All written and verbal comments will be received at that time and location. A copy of the proposed land sale information will be available for review prior to the meeting at City Hall. Please contact Will Neumeister, Community Development Director, with any questions at (763) 767-5140. &'/d/ ~~ Will Neumeister, Community Development Director Publication date: November 19,2010 CITY OF ANDOVER EDA COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. - 10 A RESOLUTION APPROVING THE LAND SALE OF PARCELS LOCATED IN ANDOVER STATION NORTH WHEREAS, the City of Andover EDA has held a public hearing to gather public comments on the proposed land sales and to disclose the pending land sales in Andover Station North to Dynamic Sealing Technologies, Inc. (Lots 2 & 3, Block 3), and WHEREAS, the findings substantiating that it is in the public interest to sell the EDA owned parcels to these companies include the following: A. The land sales to the enterprises noted above meet the original objective of redeveloping the area with a diversity of different uses that will meet the needs ofthe broader community. B. All proposed buildings shall conform to the design guidelines that were established for Andover Station North arid will compliment the entire Andover Station redevelopment area. NOW, THEREFORE, BE IT RESOLVED by the EDA of the City of Andover, Anoka County, Minnesota, that the public hearing has been held and it has been found to be in the public's interest to sell EDA owned land to Dynamic Sealing Technologies, Inc. (Lots 2 & 3, Block 3)., Adopted by the EDA ofthe City of Andover this 30th day of November, 2010. CITY OF ANDOVER EDA Michael R. Gamache, President Attest: Michelle Hartner - Deputy City Clerk 2 ci ~ M B!$ ~ ~~I') ~ ~ II} ~ ~ o. 0 .~ ~ r F'-'~ F'-' (1\ g ~ :s ~l:i ~ :5 ~i5 ~ ~ -~ N -~ lJ) a-.- ::> ::1<(. ::> ::>< 0' z ".: 0 III r:=: () lD 0 0 --I ....1..-...... Ul . 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WWW,CI.ANDOVER.MN,US TO: President and EDA Commission Members FROM: Jim Dickinson, Executive Director SUBJECT: Approve LMCIT Liability Coverage - EDA DATE: November 30,2010 INTRODUCTION The League of Minnesota Cities Insurance Trust (LMCIT) requests that participating EDA's annually decide whether or not to waive the statutory tort liability limits established by Minnesota Statutes 466.04. DISCUSSION Attached is the "LMCIT Liability Coverage - Waiver Form" provided by the LMCIT, which provides a description of the options available to the City of Andover EDA. Currently the City of Andover EDA DOES NOT WAIVE the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. I am recommending continuing with the past practice. BUDGET IMPACT No budget impact if the EDA does not waive limits. ACTION REOUESTED The City of Andover EDA is requested to not waive the monetary limits on tort liability established by Minnesota Statutes 466.04. SECTION I: LIABILITY COVERAGE WAIVER FORM Cities obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide whether or not to waive the statutory tort liability limits to the extent of the coverage purchased. The decision to waive or not to waive the statutory limits has the following effects: 0 If the city does not waive the statutory tort limits, an individual claimant would be able to recover no more than $500,000. on any claim to which the statutory tort limits apply. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether or not the city purchases the optional excess liability coverage. 0 If the city waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could potentially recover up to $1,500,000. on a single occurrence. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would also be limited to $1,500,000., regardless of the number of claimants. 0 If the city waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total which all claimants would be able to recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. This decision must be made by the city council. Cities purchasing coverage must complete and return this form to LMCIT before the effective date of the coverage. For further information, contact LMCIT. You may also wish to discuss these issues with your city attomey. accepts liability coverage limits of $ from the League of Minnesota Cities Insurance Trust (LMCIT). Check one: 0 The city DOES NOT WAIVE the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. 0 The city WAIVES the monetary limits on tort liability established by Minnesota Statutes 466.04, to the extent of the limits of the liability coverage obtained from LMCIT. Date of city council meeting Signature Position Return this completed form to LMelT, 145 University Ave. w.,St Paul, MN. 55103-2044