EDA Minutes 09-11-2013MINUTES
ECONOMIC DEVELOPMENT AUTHORITY (EDA) MEETING
Wednesday, September 11, 2013 - 6:00 p.m., Mississippi Room
Present: Bill Demeules, Tracy Hinz, Matt Frie, Rod Dragsten, Tom Perrault, Brian Stumpf
Absent: Bill Tapper
Others: Angela Schumann
1. Call to Order
Bill Demeules called the meeting to order at 6:00 p.m.
2. Acceptance of Minutes — August 6th, 2013 Special Meeting & August 14th Regular
Meeting
The August 6a' special meeting minutes and the August 14th regular meeting minutes
were not available for consideration at this time.
3. Consideration of additional agenda items None
4. Consideration of approving payment of bills
Staff confirmed that there should not be many of bills yet to pay related to the relocation
of the dental office now that the relocation process for that business has been completed.
ROD DRAGSTEN MOVED TO APPROVE PAYMENT OF BILLS IN THE AMOUNT
OF $900.41 THROUGH AUGUST 2013. TRACY HINZ SECONDED THE MOTION.
MOTION CARRIED 6 -0.
5. Consideration of action related to tenant relocation at 100 Broadway East
On behalf of the City of Monticello and the EDA, legal representatives from Campbell
Knutson sent commercial tenant Garry Ekegren of Pizza Factory a 90 -day notice and 30-
day lease termination to vacate the space at 100 Broadway East by September 6th, 2013.
This action was taken in an effort to move forward with the redevelopment goals of the
Embracing Downtown plan and to facilitate planned intersection improvements at CSAH
75 and TH 25.
Because relocation did not occur by the required date, staff met jointly with the tenant,
relocation expert Dan Wilson, and real estate and construction representatives, to discuss
issues and options. This meeting resulted in a request that the EDA extend the tenant
holdover lease agreement to November 15th, 2013, contingent upon submission of a
signed purchase agreement acceptable to Wilson Development Services no later than
EDA Meeting Minutes: 9/11/13
September 30th, 2013, and action taken to initiate construction in a new lease space. Staff
would be authorized to take legal action if the requirements are not met.
Brian Stumpf expressed some concern that the tenant may not have fully understood the
steps in the relocation process and may require additional time and assistance during the
transition. Staff noted out that the tenant had been involved in considering numerous site
plans, construction costs, timeframe scenarios and lease terms in looking to relocate.
Other commissioners suggested that the EDA had already provided a substantial amount
of time and assistance in the relocation process.
There seemed to be some consensus that continuing to delay relocation would
significantly slow the process of qualifying the parcels for redevelopment and the timing
of intersection improvements for which construction funding is available.
BRIAN STUMPF MOVED TO EXTEND THE TENANT HOLDOVER LEASE
AGREEMENT FOR PIE IN THE SKY, LLC (GARRY EKEGREN /PIZZA FACTORY)
TO NOVEMBER 15TH, 2013, CONTINGENT ON SUBMISSION OF A SIGNED
PURCHASE AGREEMENT ACCEPTABLE TO WILSON DEVELOPMENT
SERVICES BY SEPTEMBER 30TH, 2013 FOLLOWED BY AN EDA UPDATE. ROD
DRAGSTEN SECONDED THE MOTION. MOTION CARRIED 5 -0. (Matt Frie did not
vote.)
6. Consideration of the Director's Report
Market Situation Analysis — WSB will present a Market Matching update at a joint
meeting of the City Council and EDA 5:30 p.m., Monday, September 23ra
Block 34 Update — As the EDA's attorney has indicated that there may be only one area
firm capable of conducting the analysis to determine coverage and qualification for
redevelopment of Block 34. Staff will consult with the City's attorney to clarify if it is
necessary to conduct a formal RFP process to obtain these services.
TA — WSB has been working to establish timelines and benchmarks for transportation
projects planned. The TAC meets on Thursday, September 12tt' at 7:30 a.m.
Industry of the Year Breakfast — The IEDC will tour the two nominated local industries
and vote for Industry of the Year by ballot on October 1St. The award breakfast will be
held at 7:30 a.m. on October 23ra, 2013 in the Mississippi Room.
Union Crossings - Ryan Companies submitted a site plan and footings /foundation permit
for construction of a Marshall's retail store at Union Crossings development which was
approved under the 2007 PUD amendment.
Planning Commission Considerations - The Runnings store is expected to open in the
EDA Meeting Minutes: 9/11/13
former Kmart property in spring of 2014. The City received planning applications for an
ALDI grocery store to be located on the corner of School Boulevard and Cedar Street.
Matt Frie expressed disappointment that the Planning Commission had recently denied
the rezoning which would have allowed for higher density multi - family housing.
I -94 Chamber of Commerce Meeting - There seemed to be a renewed legislative
momentum related to funding for corridor expansion at a recent I -94 Chamber of
Commerce meeting.
TIF 1 -6 - Tom Perrault asked about a timeframe for recommending the expenditure of
TIF 1 -6 funding. The EDA small group recently met to discuss options such as using TIF
1 -6 funds for property acquisition or to pay engineering and right of way costs for the
Fallon Avenue Overpass project.
7. Adiournment
MATT FRIE MOVED TO ADJOURN THE MEETING AT 6:26 P.M. BRIAN STUMPF
SECONDED THE MOTION. MOTION CARRIED 6 -0.
Recorder: Kerry Bum - L15
Approved: October 9, 2013
Attest:
Jeff 0;>Wity Administrator