EDA Minutes 06-12-2019MINUTES
REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, June 12th, 2019 — 6:00 p.m.
Mississippi Room, Monticello Community Center
Commissioners Present: Steve Johnson, Bill Tapper, Jon Morphew, and Lloyd Hilgart
Commissioners Absent: Tracy Hinz, 011ie Koropchak-White, and Jim Davidson
Staff Present: Jim Thares and Angela Schumann
1. Call to Order
Steve Johnson called the regular meeting of EDA to order at 6:00 p.m.
2. Roll Call
3. Consideration of additional agenda items
None.
4. Consent Agenda
BILL TAPPER MOVED TO APPROVE THE CONSENT AGENDA. JON MORPHEW
SECONDED THE MOTION. MOTION CARRIED, 4-0.
a. Consideration of approving Regular Meeting Minutes — May 8, 2019
Recommendation: Approve Regular Meeting Minutes — May 8, 2019.
b. Consideration of approving Special Meeting Minutes — May 29, 2019
Recommendation: Approve Special Meeting Minutes — May 29, 2019.
c. Consideration of approving payment of bills
Recommendation: Approve payment of bill through May, 2019.
Regular Agenda
5. Consideration of Facade Improvement Program Grant for 142 West Broadway,
Agosto Law Office
Jim Thares introduced the item. He noted that his recommendation would be to table
action of the item due to discrepancies between the two quotes and the building materials
used on the facade.
Derek Warmbier, Chuba Company, discussed the project and concerns with the transom
windows. His quote excluded the transom windows because it would require a structural
engineer to determine feasibility. Jill Agosto was working on securing a structural
engineering.
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Angela Schumann explained the importance of having "apples to apples" quotes for the
fagade work. Staff were also not able to speak to the EDA's architect with whether EFIS
would suffice rather than stucco.
The discussion regarding "fake" transom windows continued.
BILL TAPPER MOVED TO TABLE ACTION PENDING ADDITIONAL
INFORMATION FROM THE EDA' S ARCHITECT AND TO HOLD A SPECIAL
MEETING WHEN INFORMATION IS AVAILABLE. LLOYD HILGART
SECONDED THE MOTION.
Jill Agosto noted that structural engineer has been hired. Agosto noted that her entire
building is going to need renovations and maintenance work.
MOTION CARRIED, 4-0.
6. Consideration of Rivertown Residential Suites' Apt. Development Exterior
Elevation
Jim Thares explained that the EDA was able to review and approve the original
elevations of the Briggs Companies/Rivertown Suites project. The elevations have
slightly changed to include more brick and stone. Thares asked that the EDA approve the
new plans.
Patrick Briggs, The Briggs Companies, introduced himself and noted that the primary
change to the elevation was the addition of more brick (west elevation). The red color of
the building was voted upon at the Groundbreaking Ceremony.
Angela Schumann reiterated some of the changes from the Council approved final set of
plans.
Lloyd Hilgart asked for a timeline of completion. Briggs noted an April or May, 2020
completion.
BILL TAPPER TO APPROVE FINAL ELEVATION PLANS OF RIVERTOWN
RESIDENTIAL SUITES (47 -UNIT MULTI -FAMILY DEVELOPMENT) PER THE
PROJECT APPROVAL STEPS OUTLINED IN THE CONTRACT FOR PRIVATE
DEVELOPMENT ENTERED INTO BY THE EDA AND DEVELOPER IN JULY 2018.
LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED, 4-0.
7. Consideration of Preliminary Development Agreement with Beard Group, Inc. for
prospective Block 52 Redevelopment Project
Jim Thares indicated that he would request the EDA table action so that staff could
further consult with the EDA's attorney and continue negotiations with Beard Group
regarding certain terms and conditions of the PDA. Thares indicated that staff has mainly
had discussions with Beard Group officials over the phone and would like to meet with
them to further review the draft agreement to come to a full understanding of EDA goals
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and craft acceptable terms for the PDA.
BILL TAPPER MOVED TO TABLE ACTION. JON MORPHEW SECONDED THE
MOTION. MOTION CARRIED, 4-0.
8. Director's Report
Jim Thares provided the Director's Report as indicated in the agenda packet.
He noted the addition of one additional prospect for the month of May.
Thares explained that parcel id 155171000060 has qualified to be tax-exempt through the
County. Thares estimated a savings of $1,600 per year starting in 2020. Thares indicated
that he would follow up with Public Works staff regarding maintaining the property to
reduce weeds and report back to the EDA at a future meeting.
EDA members asked for more information on the TEDI (Transportation Economic
Development Initiative) Program. Thares reviewed his understanding of the program and
its focus on improvements to State transportation systems that are adjacent to sizeable
impactful economic development projects. More information will be provided to the
EDA in the future regarding this program.
9. Closed Session — Consideration of recessing to closed session to develop or consider
offers or counter-offers for the purchase or sale of real or personal property
pursuant to Minnesota Statute 13D.05, Subdivision 3(c)(3).
Property
Address:
101 West Broadway
Street - PID #155010052090
Property
Address:
107 West Broadway
Street — PID #155010052070
Property
Address:
121 West Broadway
Street — PID #155010052031
Steve Johnson left the meeting at this point resulting in a lack of quorum for official
discussion purposes. General discussion was held regarding when to schedule another closed
meeting and what illustrative materials may be helpful in further understanding property
purchase implications.
10. Adjourn
LLOYD HILGART MOVED TO ADJOURN THE MEETING AT 7:05 P.M. JON
MORPHEW SECONDED THE MOTION. MOTION CARRIED, 3-0.
Recorder: Jacob Thunander
Approved: July 10, 2019
Attest:
Ji Thares, Economic Development Director
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