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HomeMy WebLinkAboutJune 28, 2005 / 1685 CROSSTOWN BOULEVARD N.W, . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW,CI.ANDOVER.MN.US ECONOMIC DEVELOPMENT AUTHORITY MEETING June 28, 2005 6:30 p.m. Conference Rooms A & B AGENDA 1. Call to Order 2. Letter of Intent 3. Executive Session a. Accept, Review and Discuss Appraisals and Land Sale Negotiations . Lot 1, Block 1, Andover Station North . Lot 1, Block 2, Andover Station North b. Discuss Land Sales . Lots 1-5, Block 3, Andover Station North . Lot 6, Block 1, Andover Station North 4. Adjourn ~-t::.- Qft..- ~'1-20-Db ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING JUNE 28, 2005 - MINUTES A Meeting of the Andover Economic Development Authority was called to order by President Mike Gamache, June 28, 2005, 6:31 p.m., at the Andover City Hall, Conference Rooms A and B, 1685 Crosstown Boulevard NW, Andover, Minnesota. Absent: Also present: Commissioners Don Jacobson, Mike Knight, Ken Orttel, Julie Trude; Voting resident members Joyce Twistol and Robert Nowak; Advisor to the EDA board, Edward Schultz Executive Director, Jim Dickinson City Engineer, Dave Berkowitz Community Development Director, Will Neumeister Others Present: / LETTERS OF INTENT Executive Director Dickinson stated a letter of intent is anticipated. He noted a developer is looking at office condominiums on the Kim Tramm parcel. He added there is a deadline of July 11,2005. He stated it would be a competing proposal otherwise the City was going with the Tramm proposal. He noted the Tramm timeframe was pushed out. He anticipated a better product and timeframe. He stated they would be working with Bruggeman Homes. He noted Bruggeman Homes felt it could blend with the townhome development. They are working through the proforma information now. Executive Director Dickinson stated the EDA would now go into Executive Session. He noted they are accepting appraisals for Lot 1 Block I and Block II Andover Station North. He added they would be discussing land sales for Lots 1-5 Block 3, and Lot 6 Block 1 Andover Station North. He stated the reason for the closed session is to discuss these appraisals and land sales. Attached to the staffreport is the appropriate statutory authority. He added the recent legislation contained a new process that allows an EDA to have a more level playing field. The regular meeting recessed at 6:34 p.m. and reconvened at 7:34 p.m. President Gamache noted that no decisions were made. '\ / OTHER BUSINESS There was none. Motion by Commissioner Jacobson, Seconded by Commissioner Orttel, to adjourn. Motion carried Andover Economic Development Authority Meeting Minutes - June 28, 2005 Page 2 unanimously. The meeting adjourned at 7:34 p.m. Respectfully submitted, Nancy Czajkowski, Recording Secretary