HomeMy WebLinkAboutEDA - April 17, 20121685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100
FAX (763) 755 -8923 • WWW.ANDOVERMN.GOV
ECONOMIC DEVELOPMENT AUTHORITY
MEETING
April 17, 2012
6:00 p.m.
Conference Rooms A & B
1. Call to Order— 6:00 p.m.
2. Approval of Minutes (April 3, 2012 Regular)
3. Public Hearing — Land Sale Parkside at Andover Station
4. Crosstown/Bunker Redevelopment Area
5. Trident Development (Arbor Oaks) Update
6. TIF District 1 -5/TIF Plan Update
7. Other Business
8. Adjournment
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1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100
FAX (763) 755 -8923 • WWW.CI.AN DOVER. MN.US
TO: Economic Development
CC: Jim Dickinson, City Administrator
FROM: Michelle Hartner, Deputy City
SUBJECT: Approval of Minutes
DATE: April 17, 2012
INTRODUCTION
mlm
The following minutes were provided by Staff reviewed by Administration and submitted
for EDA approval:
April 3, 2012 Regular
DISCUSSION
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
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7 ANDOVER ECONOMIC DEVELOPMENT A UTHORITY MEETING
g APRIL 312012 - MINUTES
9
10
11 A Meeting of the Andover Economic Development Authority was called to order by Vice President
12 Julie Trude, April 3, 2012, 6:02 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW,
13 Andover, Minnesota.
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15 Present: Commissioners Sheri Bukkila, Tony Howard, Mike Knight, Joyce
16 Twistol, Robert Nowak and President Mike Gamache (arrived 6:03
17 pm)
18 Absent: None
19 Also present: Community Development Director, David Carlberg
20 Executive Director, Jim Dickinson
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24 APPROVAL OF MINUTES
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26 March 6, 2012, Regular Meeting: Correct as presented.
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28 Motion by Howard, Seconded by Bukkila, approval of the Minutes as presented. Motion carried
29 unanimously (Nowak present).
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31 PARKSIDE AT ANDOVER STATION UPDATE
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33 Mr. Carlberg indicated he and Mr. Dickinson met with the City Attorney to review the final
34 changes to the purchase agreement with Capstone Homes, Inc. After modifications the purchase
35 agreement will be forwarded to Capstone Homes for their signature. Mr. Carlberg stated
36 Capstone will be purchasing two of the lots on 140 ' Avenue by May 1'. Capstone's schedule is
37 to purchase another lot within 120 days and then a lot every 45 days until all the lots are sold.
38 Mr. Carlberg reminded the EDA there is grading and platting to be completed in that area.
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40 Mr. Carlberg stated there will be an EDA meeting on April 17`} to hold a public hearing for EDA
41 approval on the property sale; this is required by state statute.
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43 Mr. Carlberg indicated he met with a south metro developer that may be interested in the eight -
44 plex area, east of Linnet Street just north of 139' Avenue.
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46 Commissioner Howard asked how Capstone will be selecting the lots. Mr. Carlberg answered
47 Capstone will select the lot they would like to purchase then the City has five days to approve the
48 selection.
Andover Economic Development Authority Meeting
Minutes —April 3, 2012
Page 2
1 Mr. Carlberg indicated the purchase agreement is the schedule minimum, for example if Mr.
2 Minks would like to buy two lots within the 45 days he could do so.
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4 Commissioner Trude is concerned with tying up 35 lots west of Linnet Street and that only three
5 of the lots will be sold by the fall. Mr. Dickinson stated there are grading and platting issues to
6 be taken care of before some of the lots can be sold. Mr. Carlberg reminded the EDA there were
7 two proposals for this area and the EDA concurred the Capstone proposal was the best option.
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9 President Gamache asked if there is a completion deadline. Mr. Dickinson answered there is no
10 completion deadline; however there is performance clause in the purchase agreement.
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12 Commissioner Howard stated he believes Capstone will perform and will build quality homes.
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14 Commissioner Bukkila asked when the last home was built in this area. Mr. Dickinson stated
15 three years ago. Commissioner Bukkila indicated having Capstone's proposal is better than
16 having nothing.
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18 Commissioner Nowak asked if Capstone can buy a lot and turn around and sell it to another
19 builder. Mr. Carlberg indicated the purchase agreement is a buy and build agreement.
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21 Mr. Dickinson stated the area east of Linnet Street could also be market rate apartment buildings.
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23 ARBOR OAKS — TRIDENT DEVELOPMENT UPDATE
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25 Mr. Carlberg stated staff is working with Trident Development on the submittal of application to
26 replat the property off 155`" Lane and Hanson Boulevard for a 70 unit senior housing facility.
27 The Comprehensive Plan will need to be amended from commercial to multi - family for that
28 property.
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30 Mr. Carlberg indicated Trident Development held a neighborhood meeting on March 6h and this
31 project was very well received by the neighbors. Trident is making a huge effort to take care of
32 the neighbors concerns. Mr. Carlberg stated Trident Development has been a pleasure to work
33 with.
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35 Commissioner Trude asked about the TIF negotiations. Mr. Dickinson reviewed an update TIF
36 cash flow from Ehlers. He indicated the only modification to what was previously discussed is to
37 the interest rate. Mr. Dickinson indicated the developer is in agreement with the 15 year
38 $540,000 TIF.
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40 Commissioner Knight asked what the boundaries are for the TIF District. Mr. Dickinson
41 answered the TIF District 1 -5 boundary is only the Arbor Oaks property.
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43 EDA PROJECT PROGRESS REVIEW
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Andover Economic Development Authority Meeting
Minutes —April 3, 2012
Page 3
Mr. Dickinson updated on the following:
2012 Special EDA Events: - Bellows and Brass had a conflict for July 20; they will now
perform on July 18a`.
2012 Business Appreciation Day — Letters have been mailed to potential participants.
Mr. Carlberg updated on the following:
www MetroMSP.or and City Website —Potential restaurants will not be contacted again until
the Wal -Mart situation moves forward.
Retail Market Analysis — The McCombs Group is preparing the draft analysis and he should
receive it by May 4t'. The results will be presented at a public meeting.
OTHER BUSINESS
Commissioner Knight asked if the cattails by the pond next to Target could be mowed. Mr.
Carlberg answered it can be checked into.
Commissioner Trude requested the next EDA agenda have discussion of the Bunker Lake
Boulevard project between Crosstown Boulevard and Crosstown Drive.
Mr. Carlberg indicated sign permits are being applied for regarding the monument entrance
signs.
ADJOURNMENT
Motion by Trude, Seconded by Bukkila to adjourn. Motion carried unanimously. The meeting
adjourned at 6:56 p.m.
Respectfully submitted,
Michelle Hartner, Recording Secretary
Y O F
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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 Direct
FROM: David L. Carlberg, Director of Commu ty Development
SUBJECT: Public Hearing on EDA Land Sale: Lots 1 -5, Block 1 and Outlot A and Outlot B,
Parkside at Andover Station 2nd Addition
DATE: April 17, 2012
INTRODUCTION
According to State Statute, the EDA must hold a public hearing prior to any land sale. Lots 1 -5,
Block 1 and Outlot A and Outlot B, Parkside at Andover Station 2nd Addition are being sold to
Capstone Homes Inc. The City has a signed purchase agreement with a closing date of May 1,
2012. The legal notice has been published at least ten days prior to this meeting (on 4/6/12).
ACTION REQUESTED
The EDA is requested to open the public hearing and request public comment. Upon receiving public
comment the EDA may close the public hearing and discuss the proposed resolution. The EDA should
pass a resolution indicating it is in the public's interest to sell the property and that the specified
intended use of the parcel is in keeping with the interest of the City of Andover EDA to further the
development of Parkside at Andover Station (see attached resolution). Staff recommends the land sale
be completed as they meet the original objective of developing the area with a diversity of housing
opportunities that will meet the needs of the broader community.
ACTION REQUIRED
The EDA is requested to hold a public hearing and take public comment on the proposed land sale.
The EDA is also requested to review and consider the attached resolution. If the EDA agrees with
the findings in the resolution, a motion to approve the resolution and allow the land sale would be in
order.
Respectfully submitted,
David L. Carlberg
Attachments
Legal Notice and Resolution
AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA )
COUNTY OF ANOKA
SS
Peter G. Bodley, being duly sworn on oath says that he is the managing editor of the
newspaper known as the Anoka County Union, and has full knowledge of the facts which are
stated below:
(A) The newspaper has complied with all of the requirements constituting qualifications
NOTICE OF PUBLIC HEARING as a qualified newspaper, as provided by Minnesota Statue 331A.02, 331A.07 and other
CITY OF ANDOVER applicable laws, as ammended.
COUNTY OF ANOKA
STATE-OF- MINNESOTA (B) The printed NOTICE OF PUBLIC HEARING (4/17/12;, which is attached was cut from
The Economic Development the columns of said newspaper and was printed and published once a week for one week; it
Authority of the City of Andover will -
hold apublic Nearing at 6:00 p.m., or was first published on Friday, the 61h day of April, 2012, and was therefore printed and
as soon thereafter as can be, heard, on ` published on every Friday to and including Friday, the 6th day of April, 2012, and printed
Tuesday, April ,Cr sst6 at Andover: below is a co of the lower case alphabet from A to Z, both inclusive, which is hereby
City _Hall„ 168isCrosstown Blvd 'NW i PY P Y
Andover is hearing, is to' acknowledged as being the size and kind of type used in the composition and publication of
discuss the land sale of Lots 1- 5,';Slockt the notice
1 „Otitlot -A and Outlot 13 Paikside at”
Andover Station 2nd Addition.. The _ abcdefghijkimnopgrstuvwxyz
land :sale will be'-reviewed to?deter- !
mine.if the land sale is in keeping abcdefghijklmnopgrstuv yz —
with.the intent outlined in,MinHesdta.
State Statute 469.105. All written .1
and'veibal comments will be reme iecf l
at fhat time and location. A copy of j
the proposed land sale information
will be available for review prior to
the meeting at City Hall. Please con-
tact David L. Carlberg, Community''
,Development Director, with any
questions at (763) 767- 5140.. >. Managing Editor
David L. Carlberg, Community
Development Director
abcdefghijklmnopgrstuvwxyz Subscribed and sworn to before me on
Published in Anoka County Union
April 6, 2012. _ this 6th day of April, 2012
y�� "' e TRACY A. °ETRU
I ��e Nctary Public- Minnesota �g
' My Commission Expires Jan 31.201 % 7
Notary Public vevv - kt
RATE INFORMATION
(1) Lowest classified rate paid by commercial $ 15.00
users for comparable space
(line, word or inch rate)
(2) Maximum rate allowed by, law for the $ 15.00
above matter
(line, word or inch rate)
(3) Rate actually charged for the above
matter $10.25
(line, word or inch rate)
2,964,563
CITY OF ANDOVER EDA
COUNTY OF ANOKA
STATE OF MINNESOTA
RESOLUTION NO. -12
A RESOLUTION APPROVING THE LAND SALE OF PARCELS LOCATED IN
PARKSIDE AT ANDOVER STATION 2ND ADDITION
WHEREAS, the City of Andover EDA has held a public hearing to gather public
comments on the proposed land sale and to disclose the pending land sale in Parkside at
Andover Station 2ND Addition to Capstone Homes, Inc. (Lots 1 -5, Block 1 and Outlot A and
Outlot B, Parkside at Andover Station 2nd Addition), and
WHEREAS, the findings substantiating that it is in the public interest to sell the EDA
owned parcel to the buyer include the following:
A. The land sales to the buyers noted above meets the original objective of developing
the area with a diversity of housing opportunities that will meet the needs of the
broader community.
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 Gaston Homes, Inc. (Lots 1 -5, Block 1 and Outlot
A and Outlot B, Parkside at Andover Station 2n Addition).
Adopted by the EDA of the City of Andover this 17th day of April, 2012.
CITY OF ANDOVER EDA
Michael R. Gamache, President
Attest:
Michelle Harmer — Deputy City Clerk
9 Xb6W
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100
FAX (763) 755 -8923 • WWW.CI. ANDOVER. MN.US
TO: President and Commissioners
FROM: Jim Dickinson, Executive Director
David L. Carlberg, Community De o ent Director
SUBJECT: Bunker /Crosstown Redevelopment Area Discussion
DATE: April 17, 2012
INTRODUCTION
The EDA is requested to discuss the redevelopment of the Bunker Lake
Boulevard/Crosstown area.
DISCUSSION
Staff has been directed by the EDA to monitor this area for potential acquisition by
the City as properties become available for sale. The EDA purchased the property
at 2600 138"' Avenue NW late last October and will be working to demolish the
building once training is completed by the Andover Fire Dept. and possibly the
Anoka County Sheriff's Office. Staff continues to work with a local real estate
agent exploring acquisition of the properties as they become available or appear to
be vacant.
At the April 3, 2012 EDA meeting, the request was made to further discussions on
the progress of the redevelopment of this area. Staff requests the EDA provide
feedback and confirm the desired direction.
ACTION REQUESTED
Provide direction to staff if necessary.
Respectfully submitted,
David L. Carlberg
D
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100
FAX (763) 755 -8923 • WWW.CI. ANDOVER. MN.US
TO: President and Commissioners
Jim Dickinson, Executive Director
FROM: David L. Carlberg, Community Development Director
SUBJECT: Arbor Oaks — Trident Development Update
DATE: April 17, 2012
INTRODUCTION
The EDA is requested to receive an update from staff on the status of the project.
DISCUSSION
Staff has been meeting with representatives from Trident Development on the
preliminary site design. Staff expects applications for preliminary plat, vacation of
easement, comprehensive plan amendment and commercial site plan to be submitted
within the week. The latest version of the site plan will be shared at the meeting.
ACTION REQUESTED
Receive presentation from staff and provide feedback where necessary.
Respectfully submitted,
David L. Carlberg
0
1685 CROSSTOWN BOULEVARD N.W. • ANDOVER, MINNESOTA 55304 • (763) 755 -5100
FAX (763) 755 -8923 • WWW.CI.ANDOVER.MN.US
TO: President and Commissioners
Jim Dickinson, Executive Director
FROM: David L. Carlberg, Community Development Director
SUBJECT: TIF District 1 -5 /TIF Plan Update
DATE: April 17, 2012
INTRODUCTION
The EDA is requested to receive an update from staff on the status of the creation
of TIF District 1 -5, a Housing District.
DISCUSSION
Staff has been working with Ehlers to prepare the documents necessary for the
creation of TIF District 1 -5. Ehlers has also been working with Briggs and Morgan
on the drafting of a development agreement between the City and Trident
Development, LLC. The development agreement will lay out the terms of
providing assistance and the type of financing involved. The development
agreement will also serve as the construction agreement spelling out the process
for the approval of the construction plans, defining the minimum improvements to
be constructed, as well as the schedule for construction of the improvements.
The Planning Commission met on April 10, 2012 and reviewed the Program
Modification and Tax Increment Financing Plan for Development District No. 1
and Tax Increment Financing District No. 1 -5 for compliance with the City's
Comprehensive Plan. The Commission found the plan(s) to be consistent with the
Andover Comprehensive Plan. Attached is a copy of the resolution approved by
the Commission.
Attached is a schedule of events for EDA consideration and discussion. In
accordance with the schedule, the EDA will consider the Program Modification
and TIF Plan at the May 1, 2012 meeting and the City Council will be holding a
public hearing on these documents that same night.
Staff will provide an additional update on the financial aspects of the project at the
meeting.
ACTION REQUESTED
Receive presentation from staff and provide feedback where necessary.
Respectfully submitted,
David L. Carlberg J
PLANNING COMMISSION
CITY OF ANDOVER
COUNTY OF ANOKA
STATE OF MINNESOTA
RESOLUTION NO.
RESOLUTION OF THE CITY OF ANDOVER PLANNING COMMISSION
FINDING THAT A MODIFICATION TO THE DEVELOPMENT PROGRAM
FOR DEVELOPMENT DISTRICT NO. 1 AND A TAX INCREMENT
FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1 -5
CONFORM TO THE GENERAL PLANS FOR THE DEVELOPMENT AND
REDEVELOPMENT OF THE CITY.
WHEREAS, the City Council for the City of Andover, Minnesota, (the "City ") has proposed to adopt
a Modification to the Development Program for Development District No. 1 (the 'Development Program
Modification ") and a Tax Increment Financing Plan for Tax Increment Financing District No. 1 -5 (the
"TIF Plan ") therefor (the Development Program Modification and the TIF Plan are referred to collectively
herein as the "Program Modification and TIF Plan ") and has submitted the Program Modification and TIF
Plan to the City Planning Commission (the "Commission ") pursuant to Minnesota Statutes, Section
469.175, Subd. 3, and
WHEREAS, the Commission has reviewed the Program Modification and TIF Plan to determine their
conformity with the general plans for the development and redevelopment of the City as described in the
comprehensive plan for the City.
NOW, THEREFORE, BE IT RESOLVED by the Commission that the Program Modification and
TIF Plan conform with the general plans for the development and redevelopment of the City as a whole.
Dated: April 10, 2012
Chair
ATTEST:
Secretary
SCHEDULE OF EVENTS
ANDOVER ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF ANDOVER
ANOKA COUNTY, MINNESOTA
FOR THE PROPOSED MODIFICATION TO THE DEVELOPMENT PROGRAM
FOR DEVELOPMENT DISTRICT NO.1
AND THE PROPOSED ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO. 1-5
(a housing district)
March 5, 2012
Project information (property identification numbers and legal descriptions,
detailed project description, maps, but /for statement, and list of sources and uses
of funds) for drafting necessary documentation sent to Ehlers & Associates.
March 6, 2012
EDA requests that the City Council call for a public hearing.
March 6, 2012
City Council calls for public hearing on the proposed Modification to the
Development Program for Development District No. 1 and the proposed
establishment of Tax Increment Financing District 1 -5.
March 15, 2012*
Letter and maps submitted to the County Board for review of county road
impacts. [Ehlers & Associates faxed & mailed on March 15, 2012] *The
County Board, by law, has 45 days to review the TIF Plan to determine if any
county roads will be impacted by the development. Please be aware that the
County Board could claim that tax increment should be used for county roads,
even after the public hearing.
March 19, 2012
Ehlers & Associates confirms with the City whether building permits have been
issued on the property to be included in TIF District No. 1 -5.
March 20, 2012
Letter received by County Commissioner giving notice of potential
redevelopment tax increment financing district (at least 30 prior to publication of
public hearing notice). [Ehlers & Associates faxed & mailed on March 20,
2012]
March 30, 2012
Fiscal/economic implications received by School Board Clerk and County
Auditor (at least 30 days prior to public hearing). [Ehlers & Associates faxed &
mailed on March 30, 2012]
April 2, 2012
Ehlers & Associates conducts internal review of Program Modification and TIF
Plan.
j' EHLERS
1SSOSIE S
SCHEDULE OF EVENTS - PAGE 2
ANDOVER ECONOMIC DEVELOPMENT AUTHORITY
AND THE CITY OF ANDOVER
ANOKA COUNTY, MINNESOTA
FOR THE PROPOSED MODIFICATION TO THE DEVELOPMENT PROGRAM
FOR DEVELOPMENT DISTRICT NO. 1
AND THE PROPOSED ESTABLISHMENT OF
TAX INCREMENT FINANCING DISTRICT NO. 1 -5
(a housing district)
April 10, 2012 Planning Commission reviews Program Modification and TIF Plan.
April 20, 2012 Date of publication of hearing notice and map (at least 10 days but not more than
30 days prior to hearing). [Anoka County Union publication deadline, April 12,
2012 —City of Andover to submit notice and map to newspaper - Ehlers &
Associates provided language for the notice to the City on April 5, 2012]
May 1, 2012 EDA considers the Program Modification and TIF Plan.
May 1, 2012 City Council continues public hearing at 7:00 P.M. on a Modification to the
Development Program for Development District No. 1 and the establishment of
Tax Increment Financing District No. 1 -5, and passes resolution approving the
Program Modification and TIF Plan. [Ehlers & Associates emailed Council
packet information to the City on April 24, 2012]
City Council passes resolution for Interfund Loan in connect with TIF District
No. 1 -5.
12012 Ehlers & Associates files Program Modification and TIF Plan with the MN
Department of Revenue, requests certification of the TIF District with Anoka
County.
EHLERS
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