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EDA Minutes 07-09-2014MINUTES REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA) Wednesday, July 9, 2014, 6 p.m. Mississippi Room, Monticello Community Center Present: Bill Tapper, Tracy Hinz, Rod Dragsten, Tom Perrault, Brian Stumpf Absent: Bill Demeules, Matt Frie Others: Jeff O'Neill, Wayne Oberg, Angela Schumann 1. Call to Order Bill Tapper called the meeting to order at 6:00 p.m. 2. Approval of Minutes a. May 14, 2014 Regular Meeting Minutes ROD DRAGSTEN MOVED TO APPROVE THE MAY 14, 2014 REGULAR MEETING MINUTES AS PRESENTED. TRACY HINZ SECONDED THE MOTION. MOTION CARRIED 4 -0. (Brian Stumpf did not vote.) b. June 11, 2014 Regular Meeting Minutes TRACY HINZ MOVED TO APPROVE THE JUNE 11, 2014 REGULAR MEETING MINUTES AS PRESENTED. BRIAN STUMPF SECONDED THE MOTION. MOTION CARRIED 4 -0. (Rod Dragsten did not vote.) 3. Consideration of adding items to the agenda • Properties (Tom Perrault) 4. Consideration of approving payment of bills Angela Schumann provided clarification related to a few questions that came up during consideration of the bills during the June meeting. According to Wilson Development Services, the EDA can expect to review a few additional small relocation claims related to the last tenant. Staff will follow up with Shafer Construction about potentially repaying certain legal bills related to the I -94 reconstruction project. Bill Tapper asked to remove the invoice for Kennedy & Graven which relates to Swan River School from consideration as it is a matter for City Council consideration. BRIAN STUMPF MOVED TO APPROVE PAYMENT OF BILLS THROUGH JUNE 2014, IN THE AMOUNT OF $12,310.68, WHICH EXCLUDES THE $324 KENNEDY & GRAVEN INVOICE. ROD DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 5 -0. 5. Consideration to adopt resolution 2014 -067 approving the return of tax increments from Tax Increment Financing District No. 1 -22 to Wright County Angela Schumann reported that the EDA must return $595,959 in excess tax increment from TIF District 1 -22 to Wright County for redistribution in accordance with statutes governing pooling limitations for TIF districts because it had not been obligated within the required timeframe. The County will direct a portion of these funds back to the City's general fund. In future, the EDA will return excess increment on an annual basis to Wright County. Tom Perrault asked if it would be an option to direct a portion of redistributed f-ands to an EDA tax district for EDA use if such a district had been established. Schumann said that she'd check with Northland Securities about this. ROD DRAGSTEN MOVED TO ADOPT RESOLUTION 2014 -067, APPROVING THE RETURN OF TAX INCREMENT FROM TAX INCREMENT FINANCING DISTRICT NO. 1 -22 TO WRIGHT COUNTY. TOM PERRAULT SECONDED THE MOTION. MOTION CARRIED 5 -0. 6. Consideration of approving a $1,000 membership in the Greater MN Partnership Jeff O'Neill asked that the EDA again table consideration of EDA membership in the Greater Minnesota Partnership until arrangements could be made for Partnership Executive Director Dan Dorman to present further information about the organization and respond to questions at an upcoming EDA meeting. TOM PERRAULT MOVED TO TABLE CONSIDERATION OF $1,000 MEMBERSHIP EXPENSE FOR GREATER MN PARTNERSHIP. ROD DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 5 -0. 7. Consideration of the Director's Report Block 34 — Staff met with a national broker interested in developing portions of Block 34 and have been discussing options for developing an RFP and next steps with the Market Matching team. Monticello Business Center /Otter Creek — Staff are preparing to negotiate with Xcel Energy about purchasing property within the Otter Creek Business Park on which Xcel would construct a new electric substation. Staff have been meeting with surrounding property owners to obtain input about the proposed use. Market Matching — There will be a special EDA meeting at 6 p.m. on July 14th to consider approval and funding of the Market Matching contract. The City Council will take action on the same issue at their regular meeting at 7 p.m. Goodwill — Oppidan representative Jay Moore complimented City staff on the development process at the recent groundbreaking ceremony. River Crossing — Jeff O'Neill, Clint Herbst and Tom Perrault, recently attended the first of four regional transportation meetings. Rather than narrow the focus to a second bridge crossing, attendees discussed common transportation concerns and developed a mission statement to guide stakeholders in a collaborative process. TH 25 /CSAH 75 — On July 21 st, staff will meet with the Wright County Transportation Committee to present and discuss phasing for the CSAH 75 corridor improvements, including lane configurations and short and long term options for on- street parking. There was some discussion about increased traffic and pedestrian safety along Broadway due to the highway reconstruction detour. 8. Items Added to the Ap-enda Properties (Tom Perrault) — Perrault asked for an update related to marketing city - owned properties such as Fred's Auto, the garden center and the property on 4'h Street. Angela Schumann indicated that staff respond promptly when property inquiries are made. She noted that the three inquiries related to redeveloping the Fred's Auto site did not meet current code use requirements. There was some discussion about the perception that the City is holding on to a lot of property. Jeff O'Neill pointed out that some parcels had become City property through tax forfeiture and land swaps. He also suggested that it makes more sense to consider selling certain parcels if they are not needed for development or public purpose now that the market has improved. Schumann pointed out that that the Market Matching team update scheduled for July 14a' will include maps identifying city -owned properties in the commercial, industrial and downtown areas. This will enable the EDA/City Council Negotiations Team to develop parameters for best use of each parcel and to prioritize which parcels are to be sold. Staff agreed to arrange for the negotiations team to tour these areas to get some perspective about property size and location within the city. 9. Adiournment BRIAN STUMPF MOVED TO ADJOURN THE MEETING AT 6:38 PM. ROD DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 5 -0. 1 112, Recorder: Kerry Burri Approved: u t 1 , Attest: EDA s ntative