EDA Minutes 05-09-2012MINUTES
ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, May 9, 2012 - 6:00 p.m.
Commissioners Present: President Bill Demeules, Vice President Bill Tapper, Treasurer Tracy
Hinz, Matt Frie, Rod Dragsten and Council Members Tom Perrault and Brian Stumpf
Staff. Executive Director Megan Barnett- Livgard
1. Call to Order
Bill Demeules called the meeting to order at 6 p.m.
2. Approve Meeting Minutes
a) April 9, 2012
BILL TAPPER MOVED TO APPROVE THE APRIL 9, 2012 SPECIAL EDA
MEETING MINUTES. BRIAN STUMPF SECONDED THE MOTION. MOTION
CARRIED 6 -0. (Rod Dragsten abstained.)
b) April 11, 2012
BILL TAPPER MOVED TO APPROVE THE APRIL 11, 2012 REGULAR EDA
MEETING MINUTES. MATT FRIE SECONDED THE MOTION. MOTION
CARRIED 6 -0. (Rod Dragsten abstained.)
3. Consideration of additional agenda items
a) Request to change the June meeting date
4. Consideration of adopting Resolution #2012 -041 approving a Purchase Agreement
between Fred & Pat Culp and the Monticello EDA
The EDA and City Council had agreed to move forward with the purchase of property
located at 349 Broadway Street (Fred's Auto), at a price of $84,000. The purchase
agreement requires that an environmental assessment be completed on the property prior to
closing. There was no discussion.
BILL TAPPER MOVED TO ADOPT RESOLUTION #2012 -041 APPROVING THE
PURCHASE AGREEMENT BETWEEN FRED AND PAT CULP AND THE
MONTICELLO EDA. BRIAN STUMPF SECONDED THE MOTION. MOTION
CARRIED 6 -1 WITH TOM PERRAULT VOTING IN OPPOSITION.
Economic Development Authority Minutes 05/09/12
Tom Perrault said that he didn't think this was a strategic property to purchase for
downtown development at this time and that he'd prefer to save EDA resources for more
important purchases.
5. Consideration of authorizing a Phase II Environmental Site Assessment for the
property located at 349 Broadway Street (Fred's Auto)
Braun Intertec and Pro Source submitted quotes to complete a Phase II Environmental Site
Assessment on the property proposed for EDA purchase located at 349 Broadway. The
quotes are fairly similar in terms of price and method and staff indicated a willingness to
work with either business.
Bill Demeules noted that the EDA could save $553 with Pro Source if no contaminants
were identified. The Pro Source quote would be $1600 more than the Braun Intertec quote
should contamination issues be identified during the assessment. He suggested that Braun
Intertec would offer a better level of protection in that it would do 5 soil borings as
compared to the 3 borings recommended by Pro Source. He recommended the EDA
approve the Braun Intertec quote.
Brian Stumpf asked about the time frame involved in the assessment. Staff indicated that
both companies anticipate a mid -June completion. He also clarified that funds for purchase
would come from EDA General Funds. Tracy Hinz asked if the EDA has used either
company. Staff noted that both are reputable. Rod Dragsten asked if Braun Intertec would
look for metal contamination. Brian Stumpf noted that Fred's Auto would have been under
strict OSHA regulations for collection and disposal of contaminants. He suggested the
EDA could ask for summary reports.
Staff clarified that the EDA does not need to complete Phase I because bank financing is
not required for property purchase and the City is already aware that there are potential
environmental concerns on the property. Phase II would identify the type and level of soil
contamination.
Tracy clarified that there the testing company would not remove the contaminant. Bill
Demeules indicated that soil contamination must be reported to the Minnesota Pollution
Control Agency (MPCA). Staff stated that the City would work with the MPCA to put
together a remediation plan for the site.
Bill Tapper suggested that the Braun Intertec proposal would provide greater
assurance as to what is in the ground and a better handle on what costs would be. Matt Frie
agreed that it would be better to spend the extra funds to be more thorough in the
assessment.
Economic Development Authority Minutes 05/09/12
BILL TAPPER MOVED TO AUTHORIZE BRAUN INTERTEC TO COMPLETE A
PHASE II ENVIRONMENTAL SITE ASSESSMENT ON THE PROPERTY KNOWN
AS 329 BROADWAY STREET. TRACY HINZ SECONDED THE MOTION. MOTION
CARRIED 7 -0.
6. Director Resort (verbal)
a) New City Logo — Staff shared the new City logo approved by City Council.
b) Commercial Broker Tour — Numerous firms, developers, brokers and
representatives from Greater MSP joined staff on a bus tour showcasing
Monticello's assets.
c) Proposed Podawiltz Development - City Council approved moving forward with
the Podawiltz Development housing proposal. Staff obtained additional
information from the Housing Finance Agency which indicated a need for this type
of housing in the area. The developer will do a housing study in the summer to
confirm those findings and start planning and TIF processes in the fall.
Construction would be scheduled for next year.
d) Grow MN visits- Staff continues to be involved with Chamber site visits to local
manufacturers.
e) Greater MSP — Greater MSP has indicated that overall development is underway,
and that businesses are expanding and looking to relocate to this region.
f) Transportation Update — City staff continue to conduct meetings with property
owners along the proposed Fallon Avenue Overpass. Matt Frie asked if
transportation projects would come before the EDA for review. Staff noted that the
City Engineer would provide periodic updates on projects but that the EDA would
be formally involved only if EDA funds were requested.
Consideration of items added to the agenda
a) Request to change the June meeting date — The EDA agreed to change the regular
meeting June meeting date to June 20th due to staff scheduling conflicts. Northland
Securities will present the updated TIF Management Plan at that time.
8. Adiourn
BILL TAPPER MOVED TO ADJOURN THE MEETING AT 6:18 PM. BRIAN
STUMPF SECONDED THE MOTION. MOTION CARRIED 7 -0.
Recorder:
Approved:
Attest: