HomeMy WebLinkAbout03-10-1997 PROCEEDINGS OF THE MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY
• Meeting No.33
March 10, 1997
Mounds View City Hall
2401 Hwy. 10,Mounds View MN 55112
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CALL TO ORDER
The Economic Development Authority was called to order by President McCarty on March 10, 1997 at 9:31
p.m.
ROLL CALL
MEMBERS PRESENT: Duane McCarty,Julie Trude,Gary Quick,Roger Stigney,Roger Koopmeiners,
Director of Economic Development Cathy Bennett,Clerk Administrator Chuck Whiting and City Attorney
Steve Bubul.
OTHERS PRESENT: None
APPROVAL OF AGENDA:
MOTION/SECOND: Koopmeiners/Stigney to Approve the Agenda as presented.
VOTE: 5 ayes 0 nays Motion Carried
• APPROVAL OF MINUTES:
MOTION/SECOND: Koopmeiners/Quick to Approve the Minutes of the Economic Development Authority
meeting on February 10, 1997.
VOTE: 5 ayes 0 nays Motion Carried
CONSENT AGENDA:
There were no items on the Consent Agenda.
PUBLIC HEARINGS:
There were no Public Hearings scheduled for this meeting.
EDA BUSINESS:
A. Consideration of Resolution No.97-EDA62,Authorizing Staff to pursue negotiation of purchase
agreement with MSP Real Estate.
Ms.Bennett explained that the developer of the senior housing complex on County Road I approached the city
in regard to purchasing the EDA owned lot on the corner of Eastwood and Highway 10. They are interested in
redevelopment of the former Pleasant Wood Apartments and developing new townhomes on the vacant land
east of Pleasant Wood Apartments. Ms.Bennett noted that she and Pam Sheldon had met with JeffHuggett
and Milo Pinkerton of MSP to discuss the project. They would be applying for MHFA funding to do a major
renovation to the interior and exterior apartments and construct new townhomes as one coordinated
development. As a part of the application process,they need to obtain documentation of the city's interest in
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March 10, 1997
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pursuing a purchase agreement with them. She noted that Resolution No. 97-EDA62 will in no way obligate
EDA to sell the property for the project,but merely states the city/EDA's interest in looking at that option.
Ms.Bennett informed the board members that the applicants are preparing to give the EDA a full presentation
on what the project will include and the funding sources.
Ms. Trude asked if the applicants are proposing to purchase the property for$32,500. Ms.Bennett stated
that this would be the proposal however she is not prepared to accept or reject any figure until she knows more
about the project. Ms. Trude noted that this is the property that the EDA paid$125,000 for. She also asked if
a project such as this would help the city approach the goals established for the Livable Communities Act.
Ms.Bennett explained that the city is already below the guidelines of the Livable Communities Act.
Commissioner Quick asked if there will be age restrictions for the proposed housing.
Milo Pinkerton of MSP Real Estate explained that the proposed housing would be open to anyone. These will
be affordable rental units, low density,lots of green space,attached garages,and a play lot for children.
Ms.Trude asked how long rent subsidy would be provided for the property under the MHFA funding.
Mr.Pinkerton stated it would be a 30 year restriction(15+15).
MOTION/SECOND: Quick/Trude to deny Resolution No.97-EDA62.
• Ms. Trude stated she does not feel this proposal fits the corridor study that the city has been looking at.
Mr.McCarty explained that the new study results have not been given to the city and he would like to preserve
the option of the housing proposal. The EDA is under no obligation at this point and he would like to wait to
see the new study results. Approving the Resolution will leave the options open.
VOTE: 2 ayes 3 nays(McCarty,Stigney,Koopmeiners) Motion FAILED.
MOTION/SECOND: McCarty/Koopmeiners to approve Resolution;No. 97-EDA62,Authorizing S auto
Pursue the Negotiation of a Purchase Agreement with MSP Real Estate.
Commissioner Quick asked if the EDA would have any legal obligations if this Resolution were approved.
Attorney Bubul responded no.
Commissioner Quick stated he feels approval would be taking a step towards negotiations and a step further
from denial.
Attorney Bubul reminded Commissioner Quick that this would not be a step of obligation.
Commissioner Quick stated he is opposed to this type of housing. Mounds View has more than enough of this
type of housing. Commissioner Trude concurred.
Naja Werner,2765 Sherwood Road asked if a certain number of rental units in Mounds View need to fall
within the Livable Communities Act guidelines. Mr.McCarty explained that these are only guidelines and
that the city is not legally obligated to do so.
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March 10, 1997
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Commissioner Stigney stated that he felt the title of the Resolution was inaccurate. Mr.McCarty explained
that proper steps will need to be followed prior to negotiations. Ms.Bennett noted that any further action
would require approval from the EDA.
Ms.Trude requested that information be provided at the April 7th EDA meeting in regard to the tax benefits of
a project such as this.
ROLL CALL VOTE:
McCarty aye
Trude nay
Koopmeiners aye
Quick nay
Stigney aye
Motion Carried(3-2)
REPORTS:
Report of EDA Board Members:
Report of President McCarty: No report.
111 Report of Vice President Koopmeiners: No report.
Report of Secretary Trude: No report.
Report of Commissioners:
Commissioner Quick: No report.
Commissioner Stigney: No report.
Report of Executive Director: Ms.Bennett noted that at the April 7th work session,the recommendations
from the study of Section 9 will be presented.
Report of Treasurer: No report.
MOTION/SECOND: Koopmeiners/Stigney to adjourn the meeting at 10:06 p.m.
Respectfully submitted,
Tamara D. Saefke
Recording Secretary
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