EDA Meeting Minutes - 06/08/2022MINUTES (Draft)
REGULAR MEETING - ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, June 8, 2022 — 6:00 p.m.
Mississippi Room, Monticello Community Center
Commissioners Present: President Steve Johnson, Vice President Jon Morphew, Treasurer
Tracy Hinz, 011ie Koropchak-White, Mayor Lloyd Hilgart
Commissioners Absent: Hali Sittig, Councilmember Jim Davidson
Staff Present: Executive Director Jim Thares, Hayden Stensgard
1. Call to Order
President Steve Johnson called the regular meeting of the Monticello EDA to order at
6:00 p.m.
2. Roll Call 6:00 p.m.
Mr. Johnson called the roll.
3. Consideration of Additional Agenda Items
None
4. Consent Agenda
a.
Consideration of Approving
Regular Meeting Minutes — April 27, 2022
b.
Consideration of Approving
Regular Meeting Minutes — May 11, 2022
c.
Consideration of Approving
Payment of Bills
d.
Consideration of Adopting
Resolution No. 2022-12 Removing Parcels from TIF
District No. 1-22
e.
Consideration of Adopting
Resolution No. 2022-13 Modifying TIF District No. 1-
42 Plan Budget
L
Consideration of Adopting
Resolution No. 2022-14 Modifying TIF District No. 1-
43 Plan Budget
LLOYD
HILGART MOVED TO APPROVE THE CONSENT AGENDA. OLLIE KOROPCHAK-
WHITE
SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 5-0.
Regular Agenda
5. PUBLIC HEARING: EDA Land Sale — Lot 1, Bock 5 Country Club Manor First Addition
Executive Director Jim Thares provided an overview of items 5 and 6 as companion
items.
Brian Nicholson of Headwaters Development, LLC., addressed the EDA and the public.
Mr. Johnson opened the public hearing portion of items 5 and 6.
Mr. Johnson closed the public hearing portion of items 5 and 6.
6. PUBLIC HEARING: EDA Land Sale — Lot 1-21, Block 1, Country Club Manor First
Arlrlitinn
Lot 1-11,
Block 2 Country Club Manor First Addition
Lot 1-11,
Block 3,
Country Club Manor First Addition
Lot 1-21,
Block 4,
Country Club Manor First Addition
Outlot A,
Country
Club Manor First Addition
Outlot B,
County
Club Manor First Addition
Outlot C,
Country
Club Manor First Addition
7. Consideration of Adopting Resolution No. 2022-15 Authorizing a Purchase and
Development Agreement with Headwaters Development for Lot 1, Block 5, Country
Club Manor, First Addition, in the amount of $1.00 related to an Apartment
development proposal in connection with and supported by Affordable Housing TIF
District 1-42
Mr. Thares provided an overview of items 7 and 8 as companion items.
LLOYD HILGART MOVED TO ADOPT RESOLUTION NO. 2022-15, AUTHORIZING THE
PURCHASE AND DEVELOPMENT AGREEMENT WITH HEADWATERS DEVELOPMENT FOR
LOT 1, BLOCK 5, COUNTRY CLUB MANOR FIRST ADDITION, IN THE AMOUNT OF $1.00
RELATED TO AN APARTMENT DEVELOPMENT PROPOSAL IN CONNECTION WITH AND
SUPPORTED BY AFFORDABLE HOUSING TIF DISTRICT 1-42. OLLIE KOROPCHAK-WHITE
SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 5-0.
8. Consideration of Adopting Resolution No. 2022-14 Authorizing a Purchase and
Development Agreement with Headwaters Development for Lots 1-21, Block 1; Lots 1-
11 Block 2; Lots 1-11, Block 3; Lots 1-21, Block 4; Outlot A, Outlot B, and Outlot C, all
in Country Club Manor, First Addition in the amount of $1.00 related to a Twin home
Villas development proposal in connection with and supported by Affordable Housing
TIF District 1-43
Mr. Thares provided an overview of items 7 and 8 as companion items.
LLOYD HILGART MOVED TO ADOPT RESOLUTION NO. 2022-16, AUTHORIZING THE
PURCHASE AND DEVELOPMENT AGREEMENT WITH HEADWATERS DEVELOPMENT FOR
LOT 1-211, BLOCK 1; LOT 1-11, BLOCK 2; LOT 1-11, BLOCK 3; LOT 1-21, BLOCK 4; OUTLOT
A; OUTLOT B AND OUTLOT C ALL IN COUNTRY CLUB MANOR FIRST ADDITION RELATED
TO A 60-UNIT TWINHOME VILLAS DEVELOPMENT PROPOSAL IN CONNECTION WITH
AND SUPPORTED BY AFFORDABLE HOUSING TIF DISTRICT 1-43. OLLIE KOROPCHAK-
WHITE SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 5-0.
9. Consideration of endorsing Duffy Development's Low Income Housing Tax Credit
application to Minnesota Housing Financing Agency (MHFA) related to a multi -family
apartment development proposal and potential establishment of an Affordable
Housing Tax Increment Financing (TIF) District
Mr. Thares provided an overview of the agenda item to the EDA and the public.
JON MORPHEW MOVED TO TABLE ACTION ON ITEM 9 RELATED TO SUPPORT OF DUFFY
DEVELOPMENT AND RESUBMITTAL OF ITS LIHTC FUNDING APPLICATION TO MHFA.
LLOYD HILGART SECONDED THE MOTION. MOTION CARRIED UNANIMOUSLY, 5-0.
10. Consideration of Authorizing an Amendment to the WSB Structural Engineering
Analysis Consulting contract scope of work and pricing in the amount of $######
related to Block 52 redevelopment demolition and construction activities
Mr. Thares provided an overview of the agenda item to the EDA and the public.
JON MORPHEW MOVED TO DENY AUTHORIZING AN AMENDMENT TO THE WSB
CONTRACT FOR STRUCTURAL ENGINEERING ANALYSIS OF BUILDINGS AND DEMOLITION
MITIGATION RECOMMENDATIONS RELATED TO BLOCK 52 REDEVELOPMENT EFFORTS
INCLUDING BUILDING DEMOLITION AND NEW CONSTRUCTION ACTIVITIES IN AN
AMOUNT NOT TO EXCEED $42,048. LLOYD HILGART SECONDED THE MOTION. MOTION
CARRIED UNANIMOUSLY, 5-0.
11. Economic Development Director's Report
Mr. Thares provided an overview of the agenda item to the EDA and the public.
12. Adjourn
TRACY HINZ MOVED TO ADJOURN THE REGULAR MEETING OF THE MONTICELLO
ECONOMIC DEVELOPMENT AUTHORITY. JON MORPHEW SECONDED THE MOTION.
MOTION CARRIED UNANIMOUSLY, 5-0, MEETING ADJOURNED AT 8:09 P.M.
Recorded By: Hayden Stensgard
-i�-
Date Approved: August 10, 2022
ATTEST:
Jiq Tharks, Executive Director