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HomeMy WebLinkAbout01-22-2024 EDA MinutesCITY OF LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY MEETING DATE: January 22, 2024 TIME STARTED: 8:10 PM TIME ENDED: 8:17 PM EDA MEMBERS PRESENT: Rafferty, Lyden, Stoesz, Ruhland, Cavegn STAFF PRESENT: Michael Grochala, Community Development Director, Sarah Cotton, EDA Executive Director 1. CALL TO ORDER AND ROLL CALL The meeting was called to order at 7:00 PM by EDA President Cavegn. All members were present. 2. CONSIDERATION OF DECEMBER 11, 2023, MEETING MINUTES EDA Member Rafferty moved to approve the December 11, 2023, meeting minutes. The motion was seconded by EDA Member Ruhland. All voted in favor; the motion carried unanimously. 3. ACTION ITEM A. Consider of 2024 Annual Appointments Community Development Director Michael Grochala presented the proposed annual appointments for 2024. Mr. Grochala explained that the Authority typically rotates officer positions. Based on this practice Mr. Rafferty would be the next president. Mr. Rafferty requested that his turn be skipped. The supported this request and Mr. Stoesz was nominated as President, Mr. Lyden as Vice President and Mr. Ruhland as Treasurer. All other recommended appointments remained unchanged from the staff recommendation. i. Motion to: Approve 2024 Annual Appointments RESULT: CARRIED [UNANIMOUS] MOVER: Rafferty SECONDER: Ruhland AYES: Rafferty, Ruhland, Lyden, Stoesz Cavegn, B. Consider of 2023 Annual Report Community Development Director Michael Grochala presented the annual report for 2023. The EDA approved the assignment of a Contract for Private Development related to TIF District 1-12. The Authority also took action to approve the acquisition of tax forfeit property in the Apollo Business Park. He shared information about building permit valuation and permit totals for 2023. He stated that staff did not recommend any changes to the enabling resolution. Mr. Lyden asked for an update on the Otter Lake Road extension. Mr. Grochala explained that the City Council had authorized preparation of plans and specifications for the project. Mr. Stoesz inquired about the potential impact the new ramps at the CRJ/35E interchange would have on the Main Street area. Mr. Grochala opinioned that it would likely have more of a positive impact on the Centerville Road/CR J area and the North Oaks Companies property. Mr. Rafferty requested update on the design considerations for the multiple intersections associated with the interchange project. Mr. Grochala stated that Ramsey County was in the project of hiring a consultant for final design. The board further discussed design considerations for the interchange. The board also discussed comparison between 2022 valuations and 2023 along with the portion associated with Lyngblomsten. ii. Motion to: Approve accept 2023 Annual Report RESULT: CARRIED [UNANIMOUS] MOVER: Rafferty SECONDER: Ruhland AYES: Rafferty, Ruhland, Lyden, Stoesz Cavegn, C. Consider of Resolution No. 24-01 Approving Sale of Property in Apollo Business Park Community Development Director Michael Grochala presented the proposed sale of property to MIT USA. He explained this was a tax forfeit property acquired by the EDA in 2023 for $900.00. The EDA will retain a drainage and utility easement over the parcel pending development of the site. Sale price was $900.00 plus all fees and costs incurred by the City as part of the transaction. The board asked questions regarding future value and tax impacts associated with the transfer. Mr. Grochala explained that future values would be dependent on size and value of future building improvements President Stoesz opened the public hearing at 7:22. Chris Stowe, 426 Pine Street, questioned the differences between this land which is mostly wet and prior sale that was dry land that sold that the City sold for a $1. He also mentioned that wetland credit in the Rice Creek Watershed District was selling for around $100,000 an acre. There being no further public comment President Stoesz asked for motion to close the public hearing at 7:23 p.m. iii. Motion to: Close the Public Hearing RESULT: CARRIED [UNANIMOUS] MOVER: Lyden SECONDER: Cavegn AYES: Rafferty, Ruhland, Lyden, Stoesz Cavegn, President Stoesz asked if there was any addition staff comment. Mr. Grochala clarified for the board that the property was not a certified wetland bank and could not be sold as wetland credit. iv. Motion to: Approve approve Resolution No. 24-01 RESULT: CARRIED [UNANIMOUS] MOVER: Rafferty SECONDER: Lyden AYES: Rafferty, Ruhland, Lyden, Stoesz Cavegn, 4. ADJOURN A. Motion to: Adjourn RESULT: MOVER: SECONDER: AYES: CARRIED [UNANIMOUS] Cavegn Ruhland Ruhland, Rafferty, Lyden, Stoesz Cavegn, The meeting was adjourned at 7:30 PM.