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EDA Meeting Minutes - 01/26/2022MINUTES REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, January 26th, 2022 — 7:00 a.m. Academy Room, Monticello Community Center Member Present: President Steve Johnson, Treasurer Tracy Hinz, 011ie Koropchak-White, Hali Sittig, Councilmembers Lloyd Hilgart and Jim Davidson Members Absent: Vice President Jon Morphew Staff Present: Executive Director Jim Thares, Angela Schumann, Hayden Stensgard 1. Call to Order President Steve Johnson called the regular meeting of the Monticell Economic Development Authority to order at 7:00 a.m. 2. Roll Call Mr. Johnson took roll. 3. Consideration of Additional Agenda Items None 4. Consideration of Amending Relocation Services Contract with WSB & Associates by increasing the amount by $9,416.00 Executive Director Jim Thares provided an overview of the agenda item. Mr. Thares noted that this is specific to the relocation of businesses on Block 52. The EDA recently purchased two pieces of property on the block and as redevelopment is being planned for the EDA property on Block 52, relocation of current tenants is an important part of the process. HALI SITTIG MOVED TO AMEND RELOCATION SERVICES CONTRACT WITH WSB & ASSOCIATES BY INCREASING THE AMOUNT BY $9,416. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION, MOTION CARRIED UNANIMOUSLY, 6-0. 5. Consideration of authorizing a Professional Services contract with Nay -ell Appraisal & Consulting, Plymouth, MN, for vacant land appraisal of Country Club Manor, Outlot (16.71 acres) in the amount of $1,200 Mr. Thares provided an overview of the agenda item. JIM DAVIDSON MOVED TO AUTHORIZE A PROFESSIONAL SERVICES CONTRACT WITH NAGEL APPRAISAL & CONSULTING FOR VACANT LAND APPRAISAL OF COUNTRY CLUB MANOR OUTLO (16.71 ACRES) IN THE AMOUNT OF $1,200. HALI SITTIG SECONDED THE MOTION, MOTION CARRIED UNANIMOUSLY, 6-0. 6. Consideration of update of Otter Creek Business Park (OCBP) Platting proposal and timeline of related steps -actions Mr. Thares provided an overview of the agenda item. It was noted that there is no action needed on the agenda item. Staff has been working to plat City and EDA owned land for future development in the Otter Creek Business Park. Mr. Johnson asked if any of the costs involved in platting and making the lots shovel - ready were covered by the Communty Energy Transition (CET) Grant. Mr. Thares confirmed that the platting costs are included as CET Grant components. The actual physical work tasks costs such as enlarging the stormwater pond and extending the roadway (Dalton Way) is not covered through the CET Grant. In addition, the Shovel Ready documentation step are covered through the CET Grant. Communtity Development Director Angela Schumann noted the EDA owns land in plat area 3 shown on the map in the agenda packet, they will be a co -signatory of the land use applications for platting and other documentation as required for platting as it moves forward. 7. Economic Development Director's Report Mr. Thares provided an overview of the agenda item as described in the agenda packet. 8. Adjourn TRACY HINZ MOVED TO ADJOURN THE REGULAR MEETING OF THE MONTICELLO EDA. OLLIE KOROPCHAK-WHITE SECONDED THE MOTION, MOTION CARRIED UNANIMOUSLY, 6-0, MEETING ADJOURNED AT 7:50 P.M. Recorded By: Hayden Stensgard Date Approved: March 9, 2022 Attest: