EDA Minutes 12-09-2015MINUTES
REGULAR MIEET9NG - ECONOMIC DEVELOPMENT AUTHORITY (EDA)
Wednesday, December 911, 2015 - Mississippi Room, Monticello Community Center
Present: Bill Demeules, Bill Tapper, Tracy Hinz, Jim Davidson, Steve Johnson, Tom
Perrault, Lloyd Hilgart
Absent: None
Others: Angela Schumann
1. Call to Order
Bill Demeules called the meeting to order at 6 p.m.
2. Roll Call
Demeules called the roll. All commissioners were present.
3. Approve Meeting Minutes
TRACY HINZ MOVED TO APPROVE THE NOVEMBER 18TH, 2015 SPECIAL
MEETING MINUTES. BILL TAPPER SECONDED THE MOTION. MOTION
CARRIED 7 -0.
BILL TAPPER MOVED TO APPROVE THE NOVEMBER 18TH, 2015 REGULAR
MEETING MINUTES. TRACY HINZ SECONDED THE MOTION. MOTION
CARRIED 7 -0.
4. Consideration of adding items to the agenda None
5. Consideration of approving payment of bills
STEVE JOHNSON MOVED TO APPROVE PAYMENT OF BILLS THROUGH
NOVEMBER 2015 EXCLUDING THE $74 KENNEDY & GRAVEN CHARGE. BILL
TAPPER SECONDED THE MOTION. MOTION CARRIED 7 -0.
6. Consideration of Market Matching report
The Market Matching report was not provided.
7. Consideration to adopt Resolution EDA- 2015 -012 approving an amendment to the
Contract for Private Redevelopment between Masters 5" Avenue and the Monticello
EDA as related to TIF 1 -35, and to adopt Resolution EDA- 2015 -013 approving an
Interfund Loan
Angela Schumann summarized that the EDA is asked to amend the contract for private
EDA Minutes: 12/09/15
redevelopment for TIF 1 -35 in response to the developer's request for a 5 year extension
of the contract. She explained that the TIF plan would be modified when a development
project is ready to move forward within the district.
Schumann also asked that the EDA approve an interfund loan resolution which would
allow for borrowing against future increment collected in the district to pay up to 10% of
administrative expenses associated with the district.
Developer Barry Fluth, President of Masters 5th Avenue, Inc., noted that he had recently
met with a user looking at possibly doing a project on the site. Fluth indicated that he'd
requested the extension because there is a reasonable chance that the site will develop.
BILL TAPPER MOVED TO ADOPT RESOLUTION EDA- 2015 -012 APPROVING AN
AMENDMENT TO THE CONTRACT FOR PRIVATE REDEVELOPMENT
BETWEEN MASTERS 5TH AVENUE AND THE MONTICELLO EDA AS RELATED
TO TIF 1 -35, AND TO ADOPT RESOLUTION EDA- 2015 -013 APPROVING AN
INTERFUND LOAN AS RELATED TO TIF 1 -35. STEVE JOHNSON SECONDED
THE MOTION. MOTION CARRIED 7 -0.
S. Consideration to adopt Resolution EDA- 2015 -011 authorizing conveyance of
Property and approve a Ouit Claim deed for the conveyance of Property to the
Minnesota Department of Transportation for Right of Way purposes
Angela Schumann summarized that the EDA is asked to approve the conveyance of a
portion of Lots 14 and 15, Block 34 to MnDOT for right of way purposes to support
construction of a right turn lane from northbound TH 25 to eastbound CSAH 75. She
pointed out that there is no need for a public hearing or a closing because the property is
to be transferred from one public entity to another.
Bill Demeules asked about wells on the property. Schumann said that she would ask that
the City Water Superintendent and the City Engineer verify the location of wells in
relation to the property line.
Steve Johnson asked if staff had prorated the value of the property to be conveyed.
Schumann stated that the value of the property had not been prorated. She explained that
the EDA had purchased the property with the intent that a portion of the property would
serve the intersection improvement project.
LLOYD HILGART MOVED TO ADOPT RESOLUTION EDA- 2015 -011
AUTHORIZING CONVEYANCE OF PROPERTY AND TO APPROVE A QUIT
CLAIM DEED FOR THE CONVEYANCE OF PROPERTY TO THE MINNESOTA
DEPARTMENT OF TRANSPORTATION FOR RIGHT OF WAY PURPOSES,
CONTINGENT ON MNDOT'S ACCEPTANCE OF THE DEED AND WRIGHT
COUNTY'S ACCEPTANCE OF THE SIMPLE SUBDIVISION FOR CONVEYANCE.
BILL TAPPER SECONDED THE MOTION. MOTION CARRIED 7 -0.
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EDA Minutes: 12/09/15
9. Consideration of recommendation regarding 2016 EDA Appointments
TRACY HINZ MOVED TO RECOMMEND TO THE CITY COUNCIL THE
APPOINTMENT OF BILL TAPPER TO A SIX -YEAR TERM ON THE ECONOMIC
DEVELOPMENT AUTHORITY. LLOYD HILGART SECONDED THE MOTION.
MOTION CARRIED 7 -0.
10. Consideration of Director's Report
Economic Development Manager — Candidate interviews will be scheduled for the first
week of January. The EDA and City Council are invited to attend.
EDA Budget — The EDA budget and 2016 HRA levy adopted by the EDA will be
considered at the upcoming City Council meeting.
Fred's Auto — Schumann asked for feedback related to a proposed use for the Fred's
Auto property in response to an inquiry from an existing local catering business. The
concept requires that the EDA complete site improvements and recover its improvement
costs through a long -term lease agreement. Based on the EDA's preliminary interest in
exploring the concept, Schumann indicated that she would recommend that the business
bring forward a proposal for EDA consideration.
NW Interchange Study — The EDA was invited to attend upcoming land use NW
Interchange Study concept meetings.
11. Adiourn
BILL TAPPER MOVED TO ADJOURN THE REGULAR EDA MEETING AT 6:24
PM. TRACY HINZ SECONDED THE MOTION. MOTION CARRIED 7 -0.
Recorder: Kerry Burri —0
Approved: February )A, ,2016
Attest: v V vv
Angela SchumaW Conjm ity Development Director