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HomeMy WebLinkAboutNovember 30, 2010 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 SPECIAL I 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 0 0 (j,'~ C j T Y 0 F " :::,::\ " ,~~, ~''(iT''D ('\'jYl V'" ~; <'1,:\'1-., 0 \, -' 1':-' )', '.. -j':: ;<~",,'{'o,.) '1{" \ \' 'I ' t\ ,I" " '.\ .,.,< Ie .-11 )~~--. ~i:~' ',-~... __~ _ ~;.,-,j~~ \.\. ~__~_~~_ 1685 CROSSTOWN BOULEVARD N.W. ' ANDOVER, MINNESOTA 55304 0 (763) 75.5-5100 FAX (763) 755-8923 0 WWW.CI.ANDOVER.MN.US ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING NOVEMBER 30, 2010 - MINUTES A Meeting of the Andover Economic Development Authority was called to order by President Mike Gamache, November 30, 2010, 6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present; Commissioners Sheri Bukkila, Mike Knight, Robert Nowak, Julie Trude, and Joyce Twistol Absent: Commissioner Don Jacobson Also present: Executive Director, Jim Dickinson Others 0 PUBLIC HEARING LAND SALE Mr. Dickinson stated 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 EDA had purchase agreements prepared, signed and are pending a closing date. Motion by Trude, Seconded by Bukkila to open the public hearing. Motion carried unanimously. No public comment Motion by Knight, Seconded by Trude to close the public hearing. Motion calTied unanimously. Mr. Dickinson stated the Authority is requested to approve the land sales. Motion by Trude, Seconded by Knight to approve the resolution approving the land sale of Lot 2, Block 3 Andover Station North and Lot 3, Block 3 Andover Station North. Motion carried unanimously. 0 , Andover Economic Development Authority Meeting Minutes -November 30,2010 0 Page 2 APPROVE LMCIT LIABILITY COVERAGE Mr. Dickinson stated the League of Minnesota Cities Insurance Trust (LMCIT) requested that participating EDA's annually decide whether or not to waive the statutory tort liability limits established by Minnesota Statutes 466.04. Currently the City of Andover EDA Does Not Waive the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. It was recommended to continue with past practices. Motion by Knight, Seconded by Trude, to approve the LMCIT Liability Coverage and to not waive the monetary limits on tort liability established by Minnesota Statutes 466.04. Motion carried unanimously. Commissioner Knight asked why anyone would remove this. Mr. Dickinson explained some possible reasons for removal ofthe coverage. ADJOURNMENT Motion by Knight, Seconded by Nowak, to adjourn. Motion carried unanimously. The meeting 0 adjourned at 6:05 p.m. Respectfully submitted, Sue Osbeck, Recording Secretary 0 -------------