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HomeMy WebLinkAboutEDA April 18, 2006 '\ .J ,J ~~ 1685 CROSSTOWN BOULEVARD N. W. . ANDOVER. MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US ECONOMIC DEVELOPMENT AUTHORITY MEETING April 18, 2006 6:00 p.m. Conference Rooms A & B AGENDA 1. Call to Order - 6:00 p.m. 2. Approval of Minutes (4/4/06 Regular Mtg.) 3. Final Review of Casey Purchase Agreement 4. Review Townhome Plans (Bruggeman Homes) 5. Approve Resolution Authorizing County Use of Easements/04-23/Reconstruction of Hanson Blvd. NW & Bunker Lk. Blvd. NW - Engineering 6. Verbal Update from John Larkin (Sports Training Facility) 7. Update on Andover Station North Business Fair 8. Other Business 9. Adjourn ~~ l5' !:. <::1 ~ 0 ... f;l o~ q::g ::r::~ ~~ ~8 ::s OlS ~~ Oltll ';'l~ Ole:>. !;l'< ~~ ~ ~ ~~ = "" .... IlJ ~1lJ ~li go='O <l....g: ~.g 0 U1"g ~ S::lEt- !:ti:l(ll ~ a ~ !:to. flg. llJoq o I~ oq ~ ErU1 6"~ gogo ca = ... ~ (;J ~"CS :? ~[ t = (II :2: ()1 = 0'" fit ~l ~ o 0' a (II fl '0 ~ ~ ~ ~ ~ U1U1 os:: 0- S~ ~~ 'OS- ~go~;l~ C)'tIl 0'= [s ...'0 gj(ll !:t 8B ~~ fl,e ~~ gj~ ~[ ~Po Po! ~~ g~ 'get- ~~ gj~ ~e. ~g. Po~ ~ ~ Et-ca iEr :g [ ~.[ ....> =!. -a Erii ~ 9' ~g Poo . &l .... Gica Er a... fl ~ tIl g,S1::;1 ::c:o'" "" P .,. P ..... 0 '" "" '0 0,< '" Prngo tIllOt"" -",- <: '" '< 0.-0 Ro' l" tIl11' ~ s - '" ~o"" ",i::lZ .... go '" ~(1)S -('),--" ~ 0 0 '" 3 S' :;::1", po.... .~---------------------------------------------------------. o PLEASE DETACH THIS PORTION AND RETURN ONLY IF YOU PLAN TO A TIEND THE 2006 ANDOVER BUSINESS FAIR PLEASE RSVP BY MAY 19, 2006 YES! I 'm on board! Please register me for the Andover Station North open house on June 15! # of people attending from your business U . o Name of Business 'e1J= s = 0 . ~ -.....-.4 · .~ ~ ci 0 -. ~- Ua~ = m"S ~ 0 dtl)~ Cl.) t: m ~~~ Q.. Q,) 0 0 :J,.Q "'C ..~ ~ ;....c Q.) S~l' a: t-c s:l o Q.) fn bOo p~~ = > ~ 0 ~i . ~J~ Z S ~ = =~ ~ << 0 z 0 d!Z ~lUlS 'Al!J ~UluN l~~.IlS vEll ~UlU N ss~u!sns: UOPT?J.lAU/ fl!.l:J;;JdS V tOf5;5; NW 'l~AOpUV .M.N PAIH UA\OlSSOl;) 5;89 I l~AOpUY ]0 Al!;) vOE~~ NW 'l~AOpUV MN PAIS: UMOlSS01J ~89 1 l~AOpUV JO Al!J ,~--~, Mffilll ~~e~~ UO!lm~ l~AO~UVlll ~ :.J u 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US TO: Economic Development Authority Jim Dickinson, Executive Director ~ ~ Vicki Volk, City Clerk ~ CC: FROM: SUBJECT: Approval of Minutes DATE: April 18, 2006 INTRODUCTION The following minutes were provided by TimeSaver Secretarial Service for approval by the EDA: April 4, 2006 Regular Meeting DISCUSSION Attached are copies ofthe minutes for your review. ACTION REOUIRED The EDA is requested to approve the above minutes. Respectfully submitted, !JJ..; ()~ Vicki V olk City Clerk @ ~\ ..~ " ) o DRAFT ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING APRIL 4, 2006 - MINUTES A Meeting ofthe Andover Economic Development Authority was called to order by Commissioner Jacobson, April 4, 2006, 6:02 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: President Gamache, Commissioners Don Jacobson, Mike Knight, Ken Orttel, Julie Trude; Joyce Twistol and Robert Nowak Edward Schultz (Advisor to the EDA) Executive Director, Jim Dickinson Community Development Director, Will Neumeister City Engineer, Dave Berkowitz City Attorney, William Hawkins Others Absent: Also present: APPROVAL OF MINUTES March 21,2006: Correct as written. MOTION by Knight, Seconded by Nowak, approval of the Minutes as written. Motion carried unanimously. DISCUSS FINAL FORM OF CASEY PURCHASE AGREEMENT & RIGHT OF FIRST REFUSAL At the March 21, 2006 EDA meeting, Mr. Casey asked to modify the purchase agreement for the purchase of Lot 2, Block 3, Andover Station North. Based on the direction of ED A, staff has prepared a modified purchase agreement and right of first refusal and the EDA is asked to review and approve it. Commissioner Trude and President Gamache arrived at 6:04 p.m. Commissioner Jacobson asked for clarification on item 8b in the email from the Attorney. Mr. Neumeister stated they are asking for an Alta survey and the City would be agreeable to a simple certificate of surveyor boundary survey and he did not know if an Alta survey was needed but if it was, they would need some additional monies to cover the costs. Mr. Dickinson indicated the difference would be around $3,000. ~\ ,~-) Andover Economic Development Authority Meeting Minutes - April 4, 2006 Page 2 City Attorney Hawkins reviewed the changes in the purchase agreement with the Commission. He stated Items 8(g) & (h) are asking them to put in the agreement to permit the subdivision and permit zero lot lines when the EDA does not have anything to do with that. He indicated another item is they want to construct a monument sign on Jay Street and he was not sure where the purchaser wants to place it but he thought it would need some sort of permit or permission and the EDA does not have any control over that. Councilmember Trude thought there are covenants that allow certain types of signs in the development. Mr. Casey stated they are trying to install the sign on the property with the site line being on Jay Street. Commissioner Trude thought they had to review this as part of the site plan. City Attorney Hawkins stated item 23 has to do with assessments and Mr. Neumeister previously indicated that the purchase price ofthis was established at the square foot rate assuming that the cost for Ibis and 138th would be a special assessment borne by the purchaser of the property. ~-.J City Attorney Hawkins stated on the right of refusal agreement, there is an issue regarding the $4,000 and it is his understanding that the $4,000 to be paid upon the execution ofthat was to cover some of the City's expenses. They are tying the property up for awhile and is sort of a burden on the property because if they get someone who wants to buy the property, they have to offer those same terms and conditions on Mr. Casey. He noted this will make it harder to market. He stated all the rest of the changes are acceptable. Mr. Nowak wondered how they came up with the October date instead oftwelve months. City Attorney Hawkins stated they did not have a date in there and they based the right of first refusal on eighteen months. Commissioner Jacobson asked if they go ahead and approve this purchase agreement, is it based on the original form with the email changes. City Attorney Hawkins stated they need to approve the modified agreement with all changes. Mr. Casey stated on paragraph 8(g), on the westerly portion, what he is doing in the first building is to take the existing property and divide them into their own properties so they would each own their own portion of the building. He stated they want to do this as a zero lot line similar to Mr. Rudnicki's project. Commissioner Trude did not think this was a zero lot line ifit has shared walls. It would be more like a condominium. Mr. Casey stated it would be a zero lot line because there would be fire walls between each business. City Attorney Hawkins stated under Mr. Casey's provision 5(b), there is a contingency which will give Mr. Casey an out if the City Council does not approve this. , o Commissioner Trude wondered if Mr. Hawkins saw a problem with the type of building being proposed. She wondered if it violates their covenants. City Attorney Hawkins stated no. Mr. Dickinson stated they have already approved a concept plan for another proposal in the development. \ J 'J Andover Economic Development Authority Meeting Minutes - April 4, 2006 Page 3 Motion by Orttel, Seconded by Knight, to approve the changes made by the City Attorney and have him redraft the agreement and bring it back for approval. Mr. Nowak wondered what the degree of certainty is that $4,000 would cover the cost of this. Mr. Neumeister stated it is an estimate. Motion carried unanimously. VERBAL UPDATE FROM JOHN LARKIN (SPORTS TRAINING FACILITY) Mr. John Larkin updated the Commission on the sports training facility. He passed out a drawing of a proposed two story building, approximately 150x125, and where it would be located on the land. He noted the expansion in the future would be 125x200 but he did not know at this point if it would be economically feasible and they did not know what type of structure it would be. He also passed out a drawing of the proposed steel open type of sports facility. . , '-~~ Commissioner Trude wondered what the open structure would consist of. Mr. Larkin stated it will be an area with asphalt and astro turf and they will have an infield and will allow them to use it primarily for baseball and softball. They want to be able to utilize it all year round for other groups to rent and use it for a minimal fee. Commissioner Jacobson stated they do have certain covenants on structures in Andover Station North and he wondered how this building would fit in and meet the design standards. Mr. Larkin stated the structure is not a bubble; it is a steel structure and he could even make it with brick sides. He stated he has not found a feasible way to do this structure with the design standards. Mr. Dickinson thought they could ask for a variance to vary from the design structure on this site for this building. Mr. Larkin noted a polyurethane membrane will be used on the top of the building and they may have a chain link fence along the building separating it from the parking area. Mr. Neumeister thought the architectural design of the building could be a problem because they would need to go back to everyone who has purchased property in the development to see ifthey would all agree to a change to the covenants for this. Mr. Larkin indicated that was good to know because it could be a deciding factor on ifthey want to buy this property or not. He noted he would talk with the property owners to see if they would be amenable to a structure like he is proposmg. \ '---') Commissioner Trude asked even without the structure, would he be willing to still do the classrooms. Mr. Larkin indicated he was not sure because they want to integrate this together. Mr. Joe Ruhland stated his program is based on setting up programs for coaches, individual '\ Andover Economic Development Authority Meeting Minutes - April 4, 2006 Page 4 , ...~ _J coaching, medical coaching, executive coaching. He stated he has also done video productions for companies, product launches. He stated he would have some larger rooms within the building. He would also use the open building for his program. Mr. Nowak wondered ifthere is an academy like this elsewhere in Minnesota. Mr. Joe Ruhland stated he has not found one in this area. There is a lack of a facility like this in this area. Mr. Larkin stated the advantage they have is they have a lot of experience behind them. Commissioner Trude wondered how they are going to get the athletes. Mr. Larkin stated they have different activities at different times of the year. VERBAL UPDATE ON ECONOMIC DEVELOPMENT ACTIVITIES Mr. Neumeister stated Mr. Tony Howard came in to confirm he is going to complete the purchase agreements in Andover Station North. , , ,,_j Mr. Neumeister explained there has been some discussion with the building supply company and he is working with an architect and indicated verbally that he will not do outdoor storage but may want to do this in the future. Commissioner Trude wondered what price was discussed. Mr. Neumeister thought they indicated to the owner $4.00 a square foot net. Mr. Neumeister noted the funeral home is still interested in a parcel and they are still checking to see if the bank is interested. He stated Pulte Homes has submitted their plans to the Building Department and Bruggeman will submit plans to the EDA soon. Mr. Neumeister wondered ifthere would be support from the EDA to maintain the Lot 2 end by Hanson for commercial/bank building purposes and have the middle area for light industrial/warehouse use. He showed a possible layout for the structures to the Commission. Commissioner Trude stated it would be better it they could have the loading docks face each other with a screening wall. Mr. Dickinson stated their main concern is if they went with a larger building would it take away from the theme ofthe area. Commissioner Trude wondered if they could get a fast food restaurant in instead of a bank building on the comer because she has heard from residents that is what they would want. Mr. Neumeister stated he has talked to a few places and they are not interested. . , OTHER BUSINESS ,...J There was none. , --",' . \ '-_/ \. J '. Andover Economic Development Authority Meeting Minutes - April 4, 2006 Page 5 Motion by Jacobson, Seconded by Orttel, to adjourn. Motion carried unanimously. The meeting adjourned at 6:58 p.m. Respectfully submitted, Susan Osbeck, Recording Secretary @ " 1685 CROSSTOWN BOULEVARD N.W. . ANDOVER, MINNESOTA 55304 . (763) 755-5100 FAX (763) 755-8923 . W . I.ANDOVER.MN.US TO: EDA President and Board Cc: Jim Dickinson, Executive Direc FROM: Will Neumeister, Director of Community Development wcl.- SUBJECT: Final Review of Casey Purchase Agreement DATE: Aprill8,2006 INTRODUCTION At the April 4, 2006 EDA meeting, a modified purchase agreement and right of first refusal was discussed. Since it was so marked up by the attorney for Mr. Casey, the EDA asked for the [mal form to come back one last time for final review. DISCUSSION \ -....J There really are no new changes since the last meeting, just a cleaned up document. Please review the attached document to determine ifit meets the expectations of the EDA. Mr. Casey would like to discuss the $4,000 payment for the "Right of First Refusal" however he is unable to attend the meeting. He would like time at the May 2, 2006 EDA meeting to discuss why he feels the money should be applied to the down payment and not paid as a fee. Please review all other aspects of the documents and understand that Mr. Casey would like to approach the EDA on the payment of the $4,000 on the "Right of First Refusal" at the May 2nd meeting. ACTION REQUESTED The EDA is asked to review and comment on the latest revisions to the purchase agreement. Based on comments from Mr. Casey, the EDA is advised to move to hold it over for further input and discussion at the May 2, 2006 EDA meeting. Respectfully submitted, Will Neum~~ Attachments Purchase Agreement & Right of First Refusal Cc: Michael Casey, 4135 Coon Rapids Blvd., Minneapolis, MN 55433 ,-_~J ..- ...., '.J o () PURCHASE AGREEMENT 1. PARTIES. This Purchase Agreement is made on ,2006, by and between Andover Economic Development Authority, a body corporate and politic, 1685 Crosstown Boulevard NW, Andover, Minnesota, Seller, and Michael S. Casey, an individual, of 14168 Orchid Street, Andover, Minnesota 55304, or his assigns, Buyer. 2. OFFER/ACCEPTANCE. Buyer agrees to purchase and Seller agrees to sell real property legally described as follows: The westerly 318 feet of Lot 2, Block 3, Andover Station North, Anoka County, Minnesota. (see Exhibit A attached hereto) (the "Property"). After execution of this Agreement by the parties, Seller shall cause the Property to be surveyed and the legal description in said survey shall be attached hereto. 3. PURCHASE OF LOT WITH BUILDING, OR VACANT LOT. (Check paragraph that pertains.) A. Buyer is purchasing the lot with an existing building. J_ Buyer is purchasing a vacant lot. B. 4. PRICE AND TERMS. The price for the Property included in this sale: Two Hundred Thirty Nine Thousand Seven Hundred Seventy Two and no/100 Dollars ($239,772.00) which Buyer shall pay as follows: Earnest money ofTen Thousand and no/100 Dollars ($10,000.00) by check, receipt of which is hereby acknowledged, and Two Hundred Twenty Nine Thousand Seven Hundred Seventy Two and no/100 Dollars ($229,772.00) cash on or before June 1, 2006 ("Date of Closing"). The purchase price is based on a site estimated to be 92,220 square feet with a price of $2.60 per square foot. After the survey of the Property is completed by the EDA as required in paragraph 8 herein and the actual square footage of the site is known, the price shall be adjusted to reflect the change in land area based upon the square foot price set out in this paragraph. 5. CONTINGENCIES. Buyer's obligations under this Purchase Agreement are contingent upon the following: (a) Seller shall permit Buyer, at Buyer's expense, to enter the Property to conduct investigations and testing and Buyer shall be completely satisfied with the environmental and soil conditions of the Property, and with all surveys, analyses, reports and inspections as Buyer may desire. (b) Buyer shall have obtained all zoning, land use, signage, watershed, environmental and other governmental approvals and permits Buyer shall deem necessary to use the Property in the manner contemplated by Buyer, including, without limitation, a full building permit for a 869362v3 o () o building conforming to Seller's design standards which Buyer determines can be built for a price acceptable to Buyer, in Buyer's sole discretion. (c) Buyer shall have determined that the roads, utilities, points of access and other infrastructure serving the Property will be adequate for Buyer's purposes, and that the cross easement required by paragraph 22 herein is on terms acceptable to Buyer. (d) Buyer's determination within the time referenced in paragraph 12 herein that title to the Property is to be in the condition warranted therein. In the event any of the above contingencies have not been satisfied or waived by Buyer on or before the Date of Closing, this Agreement shall be voidable at the option of the Buyer with all earnest money paid hereunder and the consideration paid by Buyer for the right of first refusal referenced in paragraph 19 herein to be refunded to Buyer. 6. DEED/MARKETABLE TITLE. Upon performance by Buyer on the Date of Closing, Seller shall execute and deliver a Warranty Deed to Buyer conveying marketable title to the Property, subject to: A. Building and zoning laws, ordinances, state and federal regulations; B. Restrictions of record relating to use or improvement of the Property without effective forfeiture provisions; C. Reservation of any mineral rights by the State of Minnesota; D. Utility and drainage easements of record which do not interfere with existing or contemplated improvements on the Property. E. Declaration of Covenants affecting the Property filed of record by the Andover Economic Development Authority. 7. REAL ESTATE TAXES AND SPECIAL ASSESSMENTS. Real estate taxes due and payable in and for the year of closing shall be prorated between Seller and Buyer on a calendar year basis to the actual DATE OF CLOSING. SELLER SHALL PAY on DATE OF CLOSING all special assessments certified for payment with the real estate taxes in the year of closing, except any assessments associated with the construction of 13Sth Avenue and Ibis Street which shall be the responsibility of the Buyer. SELLER SHALL PAY on DATE OF CLOSING all special assessments levied as of the Date of Closing, except any assessments associated with the construction of 13Sth Avenue and Ibis Street which shall be the responsibility of the Buyer. 869362v3 2 " '\ o BUYER SHALL PAY real estate taxes due and payable in the year following closing and thereafter and any unpaid special assessments payable therewith and thereafter, the payment of which is not otherwise provided herein. Seller makes no representation concerning the amount of future real estate taxes or of future special assessments. 8. SELLER'S OBLIGATIONS. (a) Seller warrants that there has been no labor or material furnished to the Property in the past 120 days for which payment has not been made. Seller warrants that there are no present violations of any restrictions relating to the use or improvement of the Property. These warranties shall survive the delivery of the warranty deed. (b) SELLER shall provide to Buyer a survey of the Property reflecting boundary lines, topographic indications, subdivision, easements, restrictions and other matters customarily reflected in a plat of real property (herein the "Survey"). (c) SELLER warrants that there shall be two direct non-exclusive accesses to and from public streets to and from the Property. (d) SELLER shall cause all off site utilities, storm drainage, street lights and paving to be constructed at Seller's expense, if not already completed, necessary to serve the subdivision. Such obligation shall not include the sanitary sewer and water area connection charges; said () charges shall be the responsibility of the Buyer. (e) SELLER shall provide site rough grading on the Property. (t) SELLER shall provide and pay for a current Phase I environmental assessment for the Property and a Phase II environmental site assessment if recommended by the consultant which prepared the Phase I environmental assessment, and a "no-action" letter issued by the Minnesota Pollution Control Agency as to the Property, all for the benefit of and with reliance letters addressed to the Buyer and Buyer's lenders. 9. BUYER'S OBLIGATIONS. (a) BUYER will provide a preliminary site plan on or before May 5, 2006 for approval of the Seller. (b) BUYER shall construct a building upon the property which is in substantial conformance to the building identified in attached Exhibit B. Buyer's obligation shall survive the closing on this transaction. u 10. DISCLOSURE OF NOTICES. Seller has not received any notice from any governmental authority as to violation of any law, ordinance or regulation. If the Property is subject to restrictive covenants, Seller has not received any notice from any person as to a breach of the covenants. 869362v3 3 o 11. POSSESSION. Seller shall deliver possession of the Property not later than DATE OF CLOSING. All interest, fuel oil, liquid petroleum gas, and all charges for city water, city sewer, electricity and natural gas shall be prorated between the parties as of the date of change of possession. 12. EXAMINATION OF TITLE. Seller shall, within a reasonable time after acceptance of this Agreement, furnish to Buyer the following: (a) A commitment (the "Commitment") for an ALTA Form B 1992 owners policy of title insurance as to the Property, containing all required searches including searches for special assessments. The Commitment shall be accompanied by copies of all recorded documents affecting the Property. The Commitment shall be issued in the full amount of the Purchase Price by Registered Abstractors, 2115 Third Avenue North, Anoka, Minnesota or a title insurance company reasonably satisfactory to Buyer (hereinafter referred to as "Title"), by which said company commits to issue its policy of title insurance that: (i) Insures that, at closing, Buyer shall have good, marketable and insurable title of record to the Property, free and clear of all liens, encumbrances, leases, claims and charges; all material easements, rights of way, covenants, conditions and restrictions; and any other matters affecting title, except for such as are approved or waived by Buyer in writing; (j (ii) Insures that the Property, including the improvements thereon, do not violate any zoning or other use restrictions as the Property is currently used; and (iii) Waives or insures against the following standard exceptions: (a) facts which would be disclosed by a comprehensive survey of the Property (the cost of such survey to be borne by Seller), (b) rights and claims of parties in possession and (c) mechanic's, contractor's and materialman's liens and lien claims. Buyer shall be allowed thirty (30) business days after receipt of the Commitment and thirty (30) business days after receipt of the Survey to render objections to title in writing to Seller based on review of the Commitment and the Survey. Said objections are to be made in writing or are to be deemed to be waived. 13. TITLE CORRECTIONS AND REMEDIES. Seller shall have 120 days from receipt of Buyer' s written title objections to make title marketable. Upon receipt of Buyer's title objections, Seller shall, within ten (10) business days, notify Buyer of Seller's intention of make title marketable within the 120 day period. Liens or encumbrances for liquidated amounts which can be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of the defects by Seller shall be reasonable, diligent, and prompt. Pending correction of title, all payments required herein and the closing shall be postponed. A. If notice is given and Seller makes title marketable, then upon presentation to Buyer and proposed lender of documentation establishing that title has been made marketable, and if not objected to in the same time and manner o 869362v3 4 f) \J u o 869362v3 as the original title objections, the closing shell take place within ten (10) business days or on the scheduled closing date, whichever is later. B. If notice is given and Seller proceeds in good faith to make title marketable but the 120 day period expires without title being made marketable, or if Seller does not give notice of intention to make title marketable, or if notice is given but the 120 day period expires without title being made marketable due to Seller's failure to proceed in good faith, Buyer may seek, as permitted by law, anyone or more of the following: (1) Proceed to closing without waiver or merger in the deed of the objections to title and without waiver of any remedies, and may: (a) Seek damages, costs, and reasonable attorney's fees from Seller as permitted by law (damages under this subparagraph (a) shall be limited to the cost of curing objections to title, and consequential damages are excluded); or, (b) Undertake proceedings to correct the objections to title at Seller's expense; (2) Rescission of this Purchase Agreement by notice as provided herein, in which case the Purchase Agreement shall be null and void and all earnest money paid hereunder and the consideration paid by Buyer for the right of first refusal referenced in paragraph 19 herein shall be refunded to Buyer; (3) Damages from Seller including costs and reasonable attorney's fees, as permitted by law; (4) Specific performance within six months after such right of action anses. C. If title is marketable, or is made marketable as provided herein, and Buyer defaults in any of the agreements herein, Seller may elect either of the following options, as permitted by law: (1) Cancel this contract as provided by statute and retain all payments made hereunder as liquidated damages. The parties acknowledge their intention that any note given pursuant to this contract is a down payment note, and may be presented for payment notwithstanding cancellation; (2) Seek specific performance within six months after such right of action arises, including costs and reasonable attorney's fees, as permitted by law. 5 f) '-../ D. If title is marketable, or is made marketable as provided herein, and Seller defaults in any of the agreements herein, Buyer may, as permitted by law: (1) Seek damages from Seller including costs and reasonable attorneys' fees; (2) Seek specific performance within six months after such right of action arises. TIME IS OF THE ESSENCE FOR ALL PROVISIONS OF TIllS CONTRACT. 14. NOTICES. All notices required herein shall be in writing and delivered personally or mailed, if mailed by United States certified or registered mail, with return receipt requested to the address as shown at paragraph 1 above and, and, if mailed, are effective as of the date of mailing. 15. MINNESOTA LAW. This contract shall be governed by the laws of the State of Minnesota. 16. WELL AND TANK DISCLOSURE. Seller certifies that the Seller does not know of any tanks or wells on the described real property. (-'I 17. INDIVIDUAL SEWAGE TREATMENT SYSTEM DISCLOSURE. Seller '-.J certifies that there is no individual sewage treatment system on or serving the property. 18. PAYMENT OF CLOSING COSTS. Each party will pay closing costs which are normally allocated of Buyers and Sellers in a real estate transaction. 19. RIGHT OF FIRST REFUSAL. The Seller and Buyer agree that at the closing they will enter into a Right of First Refusal Agreement attached hereto attached hereto as Exhibit C. 20. RESTRICTIVE COVENANT. Seller and Buyer agree that at the time of the closing, they will execute a restrictive covenant, to be recorded against the Property described herein and in the Right of First Refusal, which requires the Buyer, its successors and assigns to construct a "vapor barrier" under any building that is constructed upon the Property. Said restrictive covenant shall also include a provision that prevents any new wells from being bored or drilled on any of the properties described in this paragraph. 21. PARK DEDICATION. Buyer agrees, at the closing, to pay a park dedication fee to the City of Andover in an amount of 10% of the purchase price listed in paragraph 4 herein. Said amount shall be in addition to the price paid for the land in paragraph 4. (J 22. CROSS EASEMENT. Buyer shall provide to Seller at the closing a signed cross easement prepared at Buyer's expense providing for driveway access rights between Lots 2 and 869362v3 6 , -, 3, Block 3, Andover Station North, Anoka County, Minnesota. Such cross easement shall be in a 'J form mutually acceptable to Buyer and Seller. 23. REPRESENTATIONS AND WARRANTIES OF SELLER. Seller does hereby covenant, warrant and represent to Buyer as follows: (a) Seller has good, marketable, insurable title to the Property of record, and as of the Date of Closing the Property will be free and clear of all liens, encumbrances, leases, claims, and charges. (b) No action in condemnation, eminent domain or public taking proceedings are now pending or contemplated against the Property. (c) Except as to the construction of the 1381h Avenue and Ibis Street for which assessments against the Property shall be the responsibility of the Buyer, no ordinance or hearing is now before any local governmental body which either contemplates or authorizes any public improvements or special tax levies, the cost of which may be assessed against the Property. It is provided, however, that Seller shall not be deemed to have breached this representation and warranty by reason or as a result of any hearing, ordinance or other action by any governmental body, which occurs after the date of this Agreement, which either contemplates or authorizes any public improvements or special tax levies, the cost of which may be assessed against the Property, as a part of or in conjunction with the development of the Property or the area in which 1-' the Property is located. \~J (d) The Property abuts on and has direct vehicular and pedestrian access to a public road. (e) The conveyance of the Property pursuant hereto will not violate any applicable statute, ordinance, governmental restriction or regulation, or any private restriction or agreement. (f) There is no litigation pending, or to the best knowledge of Seller, investigation, condemnation or proceeding of any kind threatened against the Seller or the Property which may have a material adverse effect upon the Property. (g) Seller has not engaged the services of any broker in connection with the sale and purchase contemplated by this Agreement and shall hold Buyer harmless from any claims therefor. (h) Seller is not a "foreign person" (as defined in Section 1445(f) (3) of the Internal Revenue Code and regulations issued thereunder). " '\ '--) Seller hereby agrees that the truthfulness of each of said representations and warranties and all other representations and warranties herein made is a condition precedent to the performance by Buyer of Buyer's obligations hereunder; and that the said representations and warranties shall be true as of the date hereof and on the Date of Closing. All warranties, representations and indemnifications herein contained shall survive the Closing. Upon the 869362v3 7 r-- ~ '. breach of any thereof, Buyer, prior to the Date of Closing, may declare this Agreement to be null and void, or Buyer may elect to close this sale. If Buyer elects to declare this Agreement null and void, neither party shall have any rights or obligations hereunder, except that all Earnest Money herein paid and the consideration paid by Buyer for the right of fIrst refusal referenced in paragraph 19 herein shall be promptly refunded to Buyer. If Buyer closes on the purchase of the Property and thereafter Seller is in breach of any of said representations and warranties, Seller shall indemnify Buyer, its successors and assigns, against, and shall hold Buyer, its successors and assigns, harmless from, any costs, expenses or damages of any kind of nature, including reasonable attorneys' fees, which Buyer may incur because of any breach, or claim of breach, of any of the representations and warranties herein contained. , \.. I The Andover Economic Development Authority agrees to sell the property for the price and terms and conditions set forth above. I agree to purchase the property for the price and terms and conditions at forth above. SELLER: BUYER: ANDOVER ECONONITC DEVELOPMENT AUTHORITY NITCHAEL S. CASEY , " By: ,_.1 Michael R Gamache, President Michael S. Casey By: James Dickinson, Executive Director r ' "--' 869362v3 8 ,r-, u o o EXHIBIT A [plat Drawing] 869362v3 o o (j EXIDBIT B [Building Site and Concept Drawing] 869362v3 (, u i, \..J (- U EXHIBIT C [Right of First Refusal Agreement] 869362v3 r-"'" V r-, U (J MOSS & BARNETT A Professionai Association DAVID S. JOHNSON 612.347.0387 JohnsonDS@moss-bamettcom 4800 Wells Fargo Center 90 South Seventh Street Minneapolis, MN 55402-4129 Telephone 612.347.0300 Facsimile 612.339.6686 www.moss-barnettcom April 11, 2006 VIA E-MAIL (mscasev62(ii),comcastnet) PERSONAL AND CONFIDENTIAL Michael Casey 14168 Orchid Street Andover, MN 55304 Re: Andover Development Our File No.: 44411.3 Dear Mick: Consistent with our discussion yesterday, I prepared revised versions of the Purchase Agreement and the Right of First Refusal Agreement for your use with the City of Andover. You will find two copies of each of those documents attached to this letter. In each instance, there is a clean copy of the new version and there is a redlined copy which compares the new, attached version against the last version we submitted to the City and Bill Hawkins. We prepared the new versions of the documents at the request of the City. Pursuant to Will Neumeister's request, the changes follow Mr. Hawkins' comments in his e-mail letter to me, sent on April 4, 2006. Except as to the topics identified by Mr. Hawkins in his e-mail, the new versions are consistent with the last versions presented to the City. The highlighted portions of the attached documents are consistent with the topics, identified by Mr. Hawkins, where our last proposed changes could not be accepted by the City. Please review the new documents. If they are acceptable to you, please feel free to share copies with the City. If you have any questions or concerns about the changes, please give me a call. Sincerely, [Sent by E-Mail] David S. Johnson DSJ/clT Attachments 871544vl .~~ ~" \.,-.J RIGHT OF FIRST REFUSAL This Right of First Refusal Agreement is made and entered into this day of , 2006, by and between Andover Economic Development Authority, a body corporate and politic, 1685 Crosstown Boulevard NW, Andover, Minnesota, Seller and Michael S. Casey, 14168 Orchid Street, Andover, Minnesota, Buyer. WITNESSETH: WHEREAS, Seller is the owner of real property situated in Anoka County, Minnesota, described as follows: See Exhibit A attached hereto. hereinafter called "Right of First Refusal Premises"; and WHEREAS, pursuant to a purchase agreement dated ,2006, r-\ \'J Seller sold the Buyer or his assign all of the Seller's property described as follows: See Exhibit B attached hereto. and WHEREAS, as a part of said purchase agreement dated ,2006, Seller also gave Buyer the Right of First Refusal to purchase said "Right of First Refusal Premises." NOW, TIIEREFORE, in consideration of the sum of Four Thousand Dollars ($4,000.00) and other good and valuable consideration and pursuant to the aforesaid purchase agreement dated , 2006, it is hereby agreed as follows: 1. Right of First Refusal. In the event Seller receives a bona fide binding, written offer from a third party to purchase all or part of the Right of First Refusal Premises described /- \ \..J herein, and Seller desires to accept the offer, Seller shall give written notice thereof to Buyer. 869381v3 " -../' Buyer shall have ten (10) days, after receiving written notice from Seller that Seller intends to accept the offer, to notify Seller in writing that the Buyer or an entity in which Buyer has an interest will purchase the property, which is the subject of the bona fide written offer, upon the same terms and conditions set forth in the offer. Seller shall include a copy of the third party's bona fide written offer in the notice to the Buyer. 2. Notices. Any notices, elections, payment or demand, permitted or required to be given or made pursuant to this agreement shall be delivered personally or mailed by United States certified or registered mail, with return receipt requested, to the addresses hereinafter set forth. Such notice, demand or payment shall be deemed given or made when delivered personally or deposited in the United States mail in accordance with the above and received by Buyer. The addresses of the parties hereto are as follows: .- " Seller: Andover Economic Development Authority 1685 Crosstown Boulevard NW Andover, Minnesota 55304 '-,_ .I Buyer: Michael S. Casey 14168 Orchid Street Andover, Minnesota 55304 with a copy to attorney for Buyer: David S. Johnson Moss & Barnett 90 South 7th Street Suite 4800 Minneapolis, Minnesota 55402 3. In the event the Buyer does not give written notice of its intention to purchase the portion of the Right of First Refusal Premises which is the subject of the third party's bona fide written offer, within the time period provided herein, the property, which is the subject of the r - \ '-----" bona fide written offer, may be conveyed to the third party; provided, however, if the terms of 869381 v3 2 o the third party's bona fide written offer are subsequently modified the offer must be resubmitted to the Buyer pursuant to the terms of this agreement; and provided further if the property which is the subject of the third party's bona fide written offer is not conveyed to the third party, then the property shall remain subject to Buyer's right of first refusal. 4. The terms, conditions and covenants herein shall extend to, be binding upon and inure to the benefit of the heirs, personal representatives, successors and assigns of the parties hereto. 5. All agreements herein contained shall survive the closing and shall bind the parties hereto subsequent to the closing of the sale pursuant hereto as fully as if new agreements were entered into at the time of said closing, a rule oflaw to the contrary notwithstanding. 6. Buyer's rights under this Agreement shall terminate on October 1, 2007; o provided, however, should Seller receive prior to October 1, 2007 a bona fide binding, written offer from a third party to purchase all or part of the Right of First Refusal Premises described herein, then this Agreement shall be extended to coincide with the time periods and the terms otherwise provided in this Agreement. ~ g693g\v3 3 o o C) IN WITNESS WHEREOF, the parties hereto have caused this agreement to be duly executed on the day and the year first above written. SELLER BUYER ANDOVERECONOMUCDEVELOPNrnNT AUTIIORlTY MUCHAEL S. CASEY Michael R Gamache, President Michael S. Casey James Dickinson, Executive Director STATEOFMUNNESOTA ) ) ss. COUNTYOFANOKA ) This instrument was acknowledged before me on , 2006 by Michael R Gamache and James Dickinson, the President and Executive Director of the Andover Economic Development Authority, a body corporate and politic under the laws of the State of Minnesota, on behalf of the Authority. Notary Public 869381v3 4 () u o STATE OF MUNNESOTA ) ) ss. COUNTY OF ANOKA ) On this day of 2006, before me, a Notary Public within and for said County, personally appeared Michael S. Casey, to me known to be the person described in and who executed the foregoing instrument and he executed the same as his free act and deed. Notary Public The instrument was drafted by: William G. Hawkins and Associates 2140 Fourth Avenue North Anoka, Minnesota 55303 (763) 427-8877 869381 v3 5 o o () EXIllBIT A Lot 2, Block 3, Andover Station North, Anoka County, Minnesota, except the westerly 318 feet thereof; and Lot 3, Block 3, Andover Station North, Anoka County, Minnesota. 869381v3 r~'\ '0 o o EXIllBIT B The westerly 318 feet of Lot 2, Block 3, Andover Station North, Anoka County, Minnesota. 869381v3 '~~ 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 Jim Dickinson, Executive Director ~ Will Neumeister, Director of Community Development~ CC: FROM: SUBJECT: Review Townhome Plans (Bruggeman Homes) DATE: April 18, 2006 INTRODUCTION At the last EDA meeting, staff indicated that Bruggeman Homes will be proceeding to the Planning Commission soon for a change in their plans on the second phase of "Parks ide at Andover Station". The EDA indicated they wanted to see and approve the changes in the plans before they were sent to the Planning Commission. , " \ j DISCUSSION Attached are copies of the revised preliminary plat and architectural drawings showing the changes that Bruggeman Homes would like to make to their second phase of Parkside at Andover Station. ACTION REQUESTED Please review the drawings and make a determination whether the proposed changes are acceptable to the EDA and they may proceed to the Planning Commission meeting on April 25, 2006 for a public hearing. Respectfully SUb~ Will Neumeister Attachments r '\ \J " ',,-- .,2004 RlK-Kuusi.to. 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TOTAL l"LNa D BY MULTIPLYING PI..ANT TOTALS IDWNiOME 1YP~ PlUMMOIUoIENT / o ~ SCAlE IN )TES 'Y L1lCA llONS ANtI ELEVA TIOHS ~ EXISTING U1lJlIES AND TOPOGRAPHIC ~CEMENT Of L.,t,NOSCAPE folSTALlAllON5. Tl-E: COHlRACTOR SHALL IMMEDlATQ.Y EPANClES OR VARIATIONS FROM lHE PlANS. 4EET JS) FOR lREE IDENl1ACAlJON IJC) PI..ACDlENT. lRADES AND EROSION CONlROl.. AREAS. HEEl (SHEET ~) FOR CENERAL Pl..ANTJNG NOTES, IRRIGATION NOTES AND ClEVE SOD EXCEPT WHERE NOTED OTI-lERWISE. SOO SHALL BE LAID OUT lAVE STAGGERED oXlIolTS. IRMS FOR IRRIl:ATlON PIPING AND D.ECTRIC POWER. J.. BE IRRlCA lED. o SUBMIT A SHOP ORAlllNG Of "THE IRRIGATION PI..AN TO l1€ LANDSCAPE -4AU. REOEVE .- DEPTH OF SHREDDED HARDWOOO IIM..Q-I OYER LANDSCAPE (CfPT 'MiERE HOlm OTHER'fIISE. BE USED IN ALL P\.AN11NG AREAS. MlXl'URE SHALl. NOT CONT....N MORE 'THAN lllTM flRST-QUlUlY HEAVY. WATIRPROCF CREPE PAPER EXCEPT HAQ(8ERRY 11. N r- ''"'lANCE \filTH "THE CITY OF' ANDO\'ER STANDARDS. \. / 1m inl f~II !!j I I" fil ~ J!H . 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Blllblllf,. )Of 3564 ROlUNGVlEW DRIVE ..................................................... """'.. ... of ... ,.... of .- -... "" WHIlE BEAR LAKE, MN 55110 ::::::::::::::::::::::::::::::::::::::::::::::::::::. DRA'" 0'" Co". w. P.to- ~ '=' li:l ::~: 651-nO-2981 ::::::::::::::::::::::::::::::::::::::::::::::::::::: Q4EQ<ED OAn:~ Uc. NO. 41458 lH~~.hlW 11..::~~~= LANDSCAPE DETAILS ; ;~ ~ II; :!~ <l ~5 i h~ :! III 1i ~ 'd ~ ~ ~ ~ ~~.. ~~ i i i ii! ;1 )..) i :! i~~ II~ ~ : I ;is r ) Ii 'lip : ~g ~ s l II! I i ! a~! ~~~i ~ fl~1 1:;11: ~I~I~~ I~I i~ !i i i~1 I~:~ I ~I, !I~a<l~ I~ !J. gll ~~ ~~ Z ~ ~a~ Ii ~~~I~~ ~ Ig -~~ ~~ I~ Q i~! ~~I I ~~I ii~:~~ ~i~a; i~~ ~~ ~I ~ 5~~ ~~~ i I~~ ~~:m:: I~~;! ~~I ~~ ~~ ~ ~;r> ~~a ~ ~~ ~~l~~i ~~ ~ e~ ~S 1II~ ~ ~~~ ~l~ B ~~! ~:ilig ;!Ii ~:! 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Berkowitz, City Engineer SUBJECT: Approve Resolution Authorizing County Use of Easements/04- 23IReconstruction of Hanson Blvd. NW & Bunker Lk. Blvd. NW - Engineering DATE: April 18, 2006 INTRODUCTION The EDA is requested to approve the resolution authorizing Anoka County joint custodianship of permanent City easements and approve necessary temporary easements associated with the improvements of Hanson Boulevard NW, Project 04-23. DISCUSSION The Anoka County Highway Department has requested joint custodianship of existing City easements and temporary easements for the proposed improvements for Hanson Boulevard NW. In order for federal funds to be expended on this project, the acknowledgement of the joint use of the easements is required. The joint custodianship will not impact the City's use of the easements. ACTION REQUIRED The EDA is requested to approve the joint custodianship of the referenced drainage easements for the above noted project. Respectfully submitted, Q--dL0. David D. Berkowitz /",/ ../ Attachments: Resolution, Exhibit A & Proposed Right-of-Way Plat cc: Mike Kelly, Chief Right of Way Agent, Anoka County Highway Department, Government Center #224, Anoka, MN 55303 , '\ ,~ u CITY OF ANDOVER COUNTY OF ANOKA STATE OF MINNESOTA RES. NO. RESOLUTION DEDICATING ANDOVER ECONOMIC DEVELOPMENT AUTHORITY OWNED PROPERTY FOR PROJECT PURPOSES WHEREAS, the Economic Development Authority of the City of Andover is the official governing body of the Andover Station North development; and WHEREAS, the plans and specifications for the reconstruction of County State Aid Highway No. 78 (Hanson Boulevard) between 1215t Avenue NW in Coon Rapids and 139th Avenue NW in Andover and County State Aid Highway No. 116 (Bunker Lake Blvd.) between Jay Street NW and Wintergreen Street NW, are designated as Anoka County Project No. SoP. 02-678-16, City Project No. 04-23; and, WHEREAS, the plans and specifications for the Project require the use of various lands for the project; and, WHEREAS, the Andover Economic Development Authority is the owner of said properties, described in Exhibit "A" (*) attached hereto, which parcels are required for the Project improvements: NOW, THEREFORE, BE IT RESOLVED BY THE ANDOVER ECONOMIC DEVELOPMENT AUTHORITY: 1. That said properties are hereby dedicated to be used for the purposes of the Project as set forth in the plans and specifications. Adopted by the Economic Development Authority of the City of Andover this ~ day of April, 2006. CITY OF ANDOVER ATTEST: Michael R. Gamache - President U James Dickinson - Executive Director , '\ '-_/ o EXHIBIT "A" ANOKA COUNTY mGHWAY RIGHT-OF-WAY PLAT NO. 68 PROJECT S.P. 02-678-16 PARCEL NO. PIN NO. PROPERTY OWNER 38PE 34-32-24-44-0015 CITY OF ANDOVER 41PE & 4ITE 34-32-24-14-0011 ANDOVER ECONOMIC DEV.AUTHORITY 44TE 34-32-24-11-0008 ANDOVER ECONOMOC DEV. AUTHORITY 56TE 34-32-24-11-0004 ANDOVER ECONOMIC DEVELOPMENT AUTH. 63TE 34-32-24-11-0007 ANDOVER ECONOMIC DEVELOPMENT AUTH. ~ * * .t): , \ '-~ o - - - ~"SJ.3H mr-- - - _--..J .0. 3NIl H:Jl'tV1 _ .:-- J..~~'~rs , , .,>,:..~ : - .....'...'r .s-:: .....'-" \'..,'.;<J .. \{ ').i \''',,'''.. b rJ .-'>>r ).'" .}-.I ,Sl-1 '-,-.,-;; "''''" I:, ~u ..:," ,0 '-I I : .--.---~..~---:...-,.'\.,,-f..---..-711 : rf_.,I............ '" : , .....I) I~I" .2..,........ I ~ ! .. : .. -1:.1 it .o;i~: I III I ~ : I ':' : i : -t \ll.i ---- -(Hlo.! I ,ot' 1 I r. I ...-' ': I I ~: ~: I f:~ I IP. I I I HJHiHH i;~'"~jifif [liiff; - -.ll i_I I I :~iz i '"' s '" R )> "\J " I . n " 8 VI n ? )> r N '" VI ;T co ~ U! 1'1 !h ilfi Ii! ~ IH~ li H Ir U> 2- '" VI ;T co ~ .., )> J: ;,,:p= r""1' ,- I 1(,,') (,J ,... ;OOWI CJ-q ~ s )> OJ DC (J ;~ ::;~~ __,I. 0;0 -,. ~- I ~ ~ ~ ~ ~ ~ Ii ~ -: ;~ r1l 8 ,,'J 9 ~ I~~g I r- )> t I r"l ~ : I I '81 J L-J Ii ,. MN 3NYl H.L8~ l --l I l ,m ~~ role} Z 7..'!-- _0 ~ ).-. 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WWW.CI.ANDOVER.MN.US CC: EDA President and Board ~ Jim Dickinson, Executive Director~ Will Neumeister, Director of Community Development ~ TO: FROM: SUBJECT: Verbal Update from John Larkin (Sports Training Facility) DATE: April 18, 2006 INTRODUCTION At the last EDA meeting John Larkin indicated he would be back in two weeks to provide an update to the EDA regarding his interest in developing a sports training facility on one of the lots in Andover Station North adjacent to the ball fields. \ ACTION REQUESTED '---) Please allow Mr. Larkin to provide a verbal update at the meeting. No action by the EDA is necessary. Respectfully submitte?/ a.6""^-.. Will Neumeister '\ '----.J ,-,\ lJ G) 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 ~\ Jim Dickinson, Executive Direct~ Will Neumeister, Director of CommunIty DevelopmentlJldA.... SUBJECT: Update on Business Fair CC: FROM: DATE: April 18, 2006 INTRODUCTION The staff has begun to prepare the notice to the businesses that we are targeting and there have been contacts with sponsors for the event. The attached tri-fold brochure will be mailed out on May 1,2006 for the event. DISCUSSION , , ~ j Staff anticipates that the EDA may incur some costs but our efforts at securing sponsors for the event will keep them to a minimum. The attached letter is being sent out to the sponsors that we have been speaking with. The tentative list of sponsors we are seeking support from include the following companIes: . Bruggeman Homes . Pulte Homes Ryan Companies . United Properties . Pinewski Builders . Metro North Chamber of Commerce . Anoka Area Chamber of Commerce . Louis Rudnicki . Tony Howard . Michael Casey . Mike Mulrooney ACTION REQUESTED This is an informational update, no action by the EDA is necessary. Respectfully SUb~t...- Will Neumeister . \ Attachments o , " '-.--I 1685 CROSSTOWN BOULEVARD N,W, . ANDOVER, MINNESOTA 55304 . (763) 755-51 FAX (763) 755-8923 . WWW.CI.ANDOVER.MN.US April 11, 2006 Business Name City, MN 55304 Re: Andover Station North "Business Fair" (to be held June 15,2006) Dear _ (name)_: The City of Andover is in the process of marketing the remaining parcels of land in a new mixed-use area known as "Andover Station North". Enclosed is a copy of the tri-fold announcement that contains information about an event that's a perfect opportunity for you to connect with the local business community and market your venture. The "tri-fold" mailer will be sent to everyone on the mailing lists from Anoka Area Chamber of Commerce, Metro North Chamber of Commerce, and the Andover Business list (over 1 ,000 businesses). Weare also planning to advertise in the Anoka Union and Shopper. The ad will announce the event and could attract start up "home based" businesses. 'o_j After three years of planning and construction, Andover Station North is now ready. Since there's still some vacant land and tenant spaces in the area, we felt a "Business Fair" could help get out the word. For those who are interested in leasing out retail or office space in the area, this is also an excellent opportunity to fill those vacancies. Because the new townhomes will also be under construction, it could be a way to show them off as well and show the community how nice of a mixed use area this will be to locate in. We're planning to have a large tent, refreshments, display tables for sponsors of the event. As indicated above, two Chamber of Commerce groups will be invited to attend and this may be the perfect opportunity to let "word of mouth" work for you. Weare asking for donations from sponsors to offset the costs of putting on the event (suggested donation of $300). 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