HomeMy WebLinkAboutEDA - October 4, 2011
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1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.ANDOVERMN.GOV
ECONOMIC DEVELOPMENT AUTHORITY
MEETING
October 4,2011
6:00 p.m.
Conference Rooms A & B
1. Call to Order - 6:00 p,m,
2, Approval of Minutes (September 6,2011 Regular)
3, Redevelopment Discussion
0 4, Monument Entrance/Electronic Reader Board Update
5, EDA Project Progress Review
6, TIF District Cash Flow Update - September 2011
7, Parkside at Andover Station Update -Verbal
8, Other Business
9. Adjournment
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C I T Y o F @)
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0 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923. WWW.CI.ANDOVER.MN.US
TO: Economic Development Authority
CC: Jim Dickinson, City Administrator
FROM: Michelle Hartner, Deputy City Clerk
SUBJECT: Approval of Minutes
DATE: October 4,2011
INTRODUCTION
The following minutes were provided by Staff for EDA approval:
September 6, 2011 Regular
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DISCUSSION
The minutes are attached for your review,
ACTION REOUlRED
The EDA is requested to approve the above minutes.
Respectfully submitted,
lfho~
Michelle Hartner
Deputy City Clerk
Attach: Minutes
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5 ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING
6 SEPTEMBER 6, 2011 - MINUTES
7
8
9 A Meeting of the Andover Economic Development Authority was called to order by President Mike
10 Gamache, September 6, 2011, 6:00 p,m., at the Andover City Hall, 1685 Crosstown Boulevard NW,
11 Andover, Minnesota,
12
13 Present: Commissioners Sheri Bukkila (arrived at 6:03 p,m.), Mike Knight,
14 Julie Trude, Joyce Twistol and Robert Nowak
15 Absent: None
16 Also present: Executive Director, Jim Dickinson
17 Community Development Director, Dave Carlberg
18 Director of Public Works/City Engineer, Dave Berkowitz
19
20
21 President Gamache indicated Item #7 - Closed Session-Parkside at Andover Station Negotiations
22 Update will move up on the agenda after Item #5 and is no longer a Closed Session.
023
24 APPROVAL OF MINUTES
25
26 August 16, 2011 Regular Meeting: Correct as amended
27
28 Commissioner Trude stated on page 3, line 41 the following sentence should be added, "The
29 EDA requested the Community Development Director visit with the businesses in the area to get
30 feedback about the events or city participation before more concerts would be scheduled by the
31 EDA."
32
33 Commissioner Trude stated on page 4, line 11 the following should be added after lane "from
34 Bunker Lake Boulevard at Martin Street."
35
36 Commissioner Trude stated on page 4, line 13 the following should be added after community
37 "to hear business concerns,"
38
39 Motion by Trude, Seconded by Knight, approval of the minutes as amended. Motion carried
40 unanimously (Twistol absent),
41
42 August 16, 2011 Closed Meeting: Correct as written.
43
044 Motion by Trude, Seconded by Knight, approval of the minutes as written. Motion carried
45 unanimously (Twistol absent),
46
47
48
0 Andover Economic Development Authority Meeting
Minutes -September 6, 2011
Page 2
1 MONUMENT ENTRANCE/ELECTRONIC READER BOARD UPDATE
2
3 Round Lake Boulevard Monument Entrance Sign - Mr. Carlberg indicated at the last EDA
4 meeting the EDA preferred the option 2 location for the sign. The location is in the City of Coon
5 Rapids boundaries by an electrical box. Mr, Carlberg stated he sent an email to the Coon Rapids
6 Community Development Director, he responded by stating the Coon Rapids Planning and
7 Engineering Departments are ok with the location of the sign. The next step for the City is to
8 submit a letter requesting the preparation of the License Agreement to the Anoka County
9 Highway Department. Mr. Carlberg expects the County will want written permission from Coon
10 Rapids, Mr. Carlberg believes the sign will fit in the right-of-way, He will be submitting a letter
11 to Connexus Energy for the location of the electrical in the area.
12
13 Crosstown and Bunker Lake Boulevards Electronic Reader Board Sign - Mr, Carlberg
14 reviewed the location of the sign. The sign height will be reduced due to higher elevations at the
15 location. The sign will be angled at this location.
16
17 Mr. Carlberg indicated letters will be submitted to the County for both locations for license
18 agreements,
019
20 Commissioner Trude asked about the monument entrance sign on the east side of Bunker Lake
21 Boulevard. Mr. Carlberg stated nothing has been done at that location, the two locations listed
22 above is what is being focused on at this time. Commissioner Bukkila stated that location is
23 slated as a later project. Mr, Dickinson indicated at a previous meeting it was suggested the
24 projects would be done individually and Round Lake Boulevard & Crosstown/Bunker Lake
25 Boulevards were first.
26
27 EDA PROJECT PROGRESS REPORT
28
29 Mr. Carlberg updated on the following:
30
31 2011 Special EDA Events - Staff contacted Kurt Stenson, from NorthMarq and asked to be put
32 on the agenda of a board meeting to discuss with the businesses the concerts at Andover Station.
33 Mr. Stenson indicated at this time no meetings are scheduled and when one comes up he would
34 let Mr. Carlberg know,
35
36 Mr. Carlberg discussed with Mr. Stenson about how to get Andover Station businesses involved
37 in events and how could the EDA participate. Mr. Stenson indicated the area businesses put on a
38 Halloween event for children, This event is funded through association dues collected from the
39 businesses for marketing efforts, Commissioner Trude stated she has a hard time with a cash
040 transaction from the EDA. Commissioner Bukkila suggested contacting the event's marketing
41 person to find out what the options are for the EDA to be involved,
42
43 Mr. Carlberg indicated the area businesses are not embracing the concert events. Commissioner
44 Nowak suggested not having any concerts for awhile.
0 Andover Economic Development Authority Meeting
Minutes -September 6, 2011
Page 3
1 Andover Station North Parking Lot - This project has a contract completion date of September
2 30,2011.
3
4 Andover Station Service Road Concept - Staff has received no feedback from the Association,
5 Mr, Carlberg will continue to make contact.
6
7 Andover Station Area Medians - Prairie Restorations will be doing another maintenance and
8 weed control in September as part of our maintenance contract. Commissioner Trude would like
9 some good plants on the end caps of the medians, Mr. Carlberg stated the middle will be seeded,
10 Commissioner Twistol suggested seeds and established plant plugs in the middle,
11
12 Mr, Dickinson asked if there is latitude to put some dollars into the project while the
13 maintenance is being done, Commissioner Bukkila suggested taking $1,500 and finding plants
14 that would survive in the medians, President Gamache asked if there are funds to put towards
15 this project. Mr, Dickinson replied there is in the EDA Operations Fund,.
16
17 The EDA consensus was to put funds towards the medians,
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019 Marketing - Staff put together a map with the businesses logos located on them, This map was
20 reviewed, Mr, Carlberg is using the map as a marketing tool. The map also shows the
21 demographics within five miles of the businesses, Mr. Carlberg indicated a new Economic
22 Development tab has been added on the City website,
23
24 The Pov's site was discussed.
25
26 TIF DISTRICT CASH FLOW UPDATE
27
28 Mr. Dickinson updated the Cash Flow Analysis with two potential projects; Parkside Reserve
29 and CDBG Grant-Neighborhood Redevelopment. The TIF balance still has dollars available to
30 purchase redevelopment parcels.
31
32 Commissioner Trude asked about using TIF funds for business loans. Mr, Dickinson indicated
33 business loans can be very risky in the current market because of the fluctuating market values.
34
35 Commissioner Trude suggested scheduling an EDA Workshop. President Gamache suggested
36 looking at November to schedule a workshop.
37
38 PARKSlDE AT ANDOVER STATION NEGOTIATIONS UPDATE
39
o 40 Mr, Dickinson handed out a copy of the Release of Land from Judgment Lien. The release
41 indicates Construction Mortgage Investors Co. has released their judgment on Bruggeman
42 Properties. Mr. Dickinson stated the only judgment left on the property is what Premier Bank
43 has against Bruggeman Properties,
44
0 Andover Economic Development Authority Meeting
Minutes -September 6, 2011
Page 4
1 Mr, Dickinson indicated to close out the property Bruggeman is working through the process to
2 deed everything to Premier Bank. An EDA purchase agreement will be with Premier Bank,
3 Bruggeman and Premier are motivated to get this done by the end of the month,
4
5 Motion by Trude, Seconded by Bukkila authorizing the Executive Director of the EDA to work
6 with the EDA Attorney to close on the purchase ofthe properties the EDA is purchasing from
7 Premier Bank in the amount of$185,000 and $1.2 million, as outlined in the handout. Motion
8 carried unanimously.
9
10 Mr, Dickinson stated Staff will start to market the parcels to potential Builder/Developers,
11
12 OTHER BUSINESS
13
14 There was none,
15
16 Motion by Knight, Seconded by Bukkila, to adjourn, Motion carried unanimously, The meeting
17 adjourned at 6:59 p.m.
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019 Respectfully submitted,
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21
22 Michelle Hartner, Recording Secretary
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0 1685 CROSSTOWN BOULEVARD NoWo . ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWWoCLANDOVERoMNoUS
TO: President and Commissioners
FROM: Jim Dickinson, Executive Director
David L. Carlberg, Community Deve
SUBJECT: Redevelopment Discussion
DATE: October 4, 2011
INTRODUCTION
The EDA is requested to discuss the redevelopment of the Bunker Lake Boulevard/Crosstown
area,
DISCUSSION
0 The City has had an interest for years in redeveloping the area along Bunker Lake Boulevard
NW between Crosstown Drive and Crosstown Boulevard NW. Staff has been directed by the
EDA to monitor this area for potential acquisition by the City as properties become available for
sale. Properties have become available in the area both north and south of 138th Avenue NW,
Staff believes that efforts may be better focused south of 138th Avenue as this area would have a
higher impact on redevelopment potential and the aesthetic views along Bunker Lake Boulevard,
Staff requests the EDA provide feedback and confirm the direction as stated above,
ACTION REQUESTED
Provide direction to staff if necessary.
Respectfully submitted,
David L. Carlberg
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0 1685 CROSSTOWN BOULEY ARD N.W. . ANDOYER, MINNESOTA 55304 . (763) 755-5100
FAX (763) 755-8923 . WWW.C1.ANDOYER.MN.US
TO: President and Commissioners
Jim Dickinson, Executive Direct
FROM: David L. Carlberg, Community Development Director
SUBJECT: Monument EntrancelElectronic Sign Update
DATE: October 4,201,1
INTRODUCTION
The EDA is requested to receive a presentation from the Community Development Director at
the meeting,
DISCUSSION
Monument Entrance Signs and Other Electronic Reader Board Signs
0 Round Lake Boulevard Location - monument onlv
. Staff marked the sign location in the field with wood lathe,
. Staff contacted Gopher State One Call to get utility locates to insure there were no
conflicts with the sign location,
. Letter was submitted to the Anoka County Highway Department requesting the
preparation of a license agreement to allow the sign,
Crosstown/Bunker Location - monument with electronic reader board
. Staff marked the sign locations in the field with wood lathe,
. Staff contacted Gopher State One Call to get utility locates to insure there were no
conflicts with the sign location,
. Letter was submitted to the Anoka County Highway Department requesting the
preparation of a license agreement to allow the sign,
ACTION REQUESTED
Receive a presentation and provide direction to staff if necessary,
Respectfully submitted,
0 ~~8~
David L. Carlberg
S'\NDbVE~ @
1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304. (763) 755-5100
0 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US
TO: EDA President and Board
FROM: Jim Dickinson, Executive Director
David L. Carlberg, Community Development Director
SUBJECT: EDA Activity - Project Status Report
DATE: October 4,2011
INTRODUCTION
This memo provides a brief update of all EDA activities. Further details will be provided at the meeting.
DISCUSSION
2011 Special EDA Events -"Music at Andover Station Tonight" - To date there has not been any
association meetings scheduled to discuss this event with Andover Station businesses, Staff did make
contact with the promotional event group (OnCue Corporate Events Management, LLC) ofthe Festival
Foods area to discuss ideas for EDA collaboration with upcoming events sponsored by the association, Staff
0 will continue to explore ideas and ways to collaborate preferably something in the summer months to take
advantage of favorable weather conditions for outdoor events. The Andover Station Halloween Event is
scheduled for Saturday, October 29th from 10 a.m. to 12 noon. The event will include trick or treating
throughout center, gift trick or treat bags, face painting, cookies and apple cider, and free pumpkins for all
participating kids.
ASN Parking Lot - Completion date under the contract is September 30, 2011, This driveway/parking lot is
budgeted for as a TIF project expense.
Andover Station Service Road Concept - Staff did fmally make contact with an association board
representative who indicated that a discussion of this concept was not necessary before the board and that the
association does not support promoting access through the site (between Martin Street and Jay Street south of
Tanners and the Andover Cinema), In fact they would like to eliminate cut through traffic. They did indicate
the interest of the association was to have a left turn lane from Bunker Lake Boulevard to Martin Street.
Andover Station Area Medians - Prairie Restorations Incorporated (PRI) performed another maintenance
and weed control on September 13th as a part of our maintenance contract. In addition, 300 wild flower plugs
were installed in the noses of the median and an over seeding of prairie flower seed occurred throughout the
median,
Andover Station North - Available sites are actively being marketed.
0 www.MetroMSP.org: and City Website - Staff continues to monitor the EDA's land sales information on
the MetroMSP website sponsored by Anoka County. We have also shown information on other commercial
and industrial lands that are for sale in Andover on both the www.metromsp,org and in the past on the city
planning department's web site, Staff has updated the city's website to include and economic development
department to provide prospective businesses easier access to available commerciaUindustrial properties as
most parties interested look for an economic development section of a city's website if they are inquiring
about available properties/buildings. Staff presented the website and marketing information to the Planning
Commission at their September 13th meeting.
0 Potential Restaurants - Staff has submitted site and demographic information to three potential restaurants,
Additional follow-up occurred the week of September 26th. Staff also continues to research the Moose & Co,
site to determine current impediments to continued development or resell the site.
Redevelopment -Staff is monitoring the area for potential acquisitions as they become available. Staff also
continues to pursue the use of Community Development Block Grant Funds (CDBG) to install municipal
water service in the area of 140th Lane NW,
Parkside at Andover Station Negotiations - Staff has completed negotiations with Premier Bank and
Bruggeman Homes. A detailed progress report will be made as part of a separate agenda item.
ACTION REOUESTED
Receive a presentation from staff and provide direction.
sp tfully submitted,
D-Pj.a~
David L. Carlberg
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C I T Y o F @
NDOVE
0 1685 CROSSTOWN BOULEVARD NoWo. ANDOVER, MINNESOTA 55304. (763) 755-5100
FAX (763) 755-8923 . WWW.Cl.ANDOVER.MN,US
TO: President and Commissioners
FROM: Jim Dickinson, Executive Director
SUBJECT: TIF District Cash Flow Update - September 2011
DATE: October 4, 2011
INTRODUCTION
The EDA is requested to receive the monthly Tax Increment Financing (TIF) District Cash Flow
update,
DISCUSSION
The Executive Director will use the attached TIF Cash Flow Analysis as the basis for the TIF
0 District financial update and to facilitate discussion,
ACTION REOUESTED
Receive a presentation and provide direction to staff,
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