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HomeMy WebLinkAbout05-10-2004 CITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA Monday, May 10, 2004 6:30 PM 1. CALL TO ORDER 2. ROLL CALL: President Linke, Vice President Stigney, Commissioner Quick, Commissioner Marty, Commissioner Gunn 3. APPROVAL OF AGENDA 4. APPROVAL OF MINUTES A. EDA Minutes, April 26, 2004 5. CONSENT AGENDA 6. EDA BUSINESS A. Resolution 04-EDA-185 Approving the Termination of the Development Agreement between the Mounds View EDA and Michael Investments entered into April 26, 1999 and Cancellation of the Tax Increment Revenue Note for the Building N Project. B. Resolution 04-EDA-186 Requesting that the City Council of the City of Mounds View Call for a Public Hearing for June 21, 2004 on the Proposed Adoption of a Modification to the Development Program for the Mounds View Economic Development Project. 7. REPORTS 8. NEXT EDA MEETING: Monday, May 26, 2004 at 630pm 9. ADJOURNMENT PROCEEDINGS OF THE MOUNDS VIEW EDA CITY OF MOUNDS VIEW RAMSEY COUNTY, MINNESOTA Regular Meeting April 26, 2004 Mounds View City Hall 2401 Highway 10, Mounds View, MN 55112 6:30 P.M. 1. CALL MEETING TO ORDER 2. ROLL CALL: Stigney, Gunn, Quick, Marty (6:36 p.m.) and Linke NOT PRESENT: None. 3. APPROVAL OF AGENDA MOTION/SECOND: Gunn/Stigney. To Approve the April 26, 2004 Agenda as Presented. Ayes – 5 Nays – 0 Motion carried. 4. APPROVAL OF EDA MINUTES A. April 12, 2004 Minutes MOTION/SECOND: Stigney/Gunn. To Approve the Minutes of April 12, 2004 as Presented. Ayes – 5 Nays – 0 Motion carried. 5. CONSENT AGENDA None. 6. EDA BUSINESS A. Resolution 04-EDA-184 Authorizing Staff to Arrange for an Appraisal of Commercial Property at 2525 County Highway 10 in Mounds View, Known as Gas & Wash. Economic Development Coordinator Backman explained that on June 18, 2002 Olson Harvey Convenience Stores bought the gas station at 2525 County Highway 10 and fuel sales have not met expectations and they are interested in selling the property. The purchase price is $1,080,000. Mounds View EDA April 26, 2004 Regular Meeting Page 2 Economic Development Coordinator Backman indicated that the gas station is the only privately owned property on the triangularly shaped block bounded by Bronson Drive, Edgewood Drive, County Highway 10 and Long Lake Road. The City of Mounds View has a high concentration of its public facilities located within this block. Economic Development Coordinator Backman indicated that there are three reasons that the City could consider acquiring this property. The first is that it could facilitate implementation of the County Road 10 Redevelopment and Revitalization Plan. Secondly, acquisition could help facilitate the commercial redevelopment of this visible corner lot. Third, acquisition of this property could enable the City to expand the Public Works Shop for equipment storage, parking, etc., and it might facilitate trails and other open space for pedestrians. Economic Development Coordinator Backman indicated that Staff recommends that the City undertake to have an appraisal to ascertain market values of the property. Mayor Linke asked whether they look for gas leaks and potential costs for the City and whether the City will get a hold harmless from the property owners. Economic Development Coordinator Backman indicated he talked to Dave Olson and was told that they received a clearance letter from the EPA in 2002. Council Member Gunn asked who would pay for removal of the storage tanks. Economic Development Coordinator Backman indicated that it could be point of negotiation with the owner. Council Member Marty asked whether they have paid the assessment that they owe the City. Economic Development Coordinator Backman explained that the assessment was paid at the time of sale but the attorney’s fees were not by error of the title company so they were certified to the property taxes payable over five years and the first payment has been made. Council Member Marty indicated that he would like the amount owed the City deducted from the purchase price. Finance Director Hansen indicated the sale of the property would require the clearing of any assessments. Council Member Stigney said he feels that rather than the City buying this outright he thinks the City should assist whatever new developer wants to come in and improve it. He then said this is a costly way to straighten out the road. Mounds View EDA April 26, 2004 Regular Meeting Page 3 Council Member Marty indicated that this would give the City the opportunity to acquire the property rather than having to use condemnation or eminent domain. MOTION/SECOND: Marty/Quick. To Waive the Reading and Approve Resolution 04-EDA- 184, a Resolution Authorizing Staff to Arrange for an Appraisal of Commercial Property Known as Gas & Wash, at 2525 County Highway 10 in Mounds View. Ayes – 4 Nays – 1(Stigney) Motion carried. 7. REPORTS Economic Development Coordinator Backman indicated that the developer has signed the petition and waiver agreement and provided a check for $8,000 on the Hidden Hollow project. Economic Development Coordinator Backman he then indicated that the Planning Commission recommended approval of the preliminary plat and there will be a public hearing before Council on May 10, 2004. Economic Development Coordinator Backman indicated that CVS Pharmacy is progressing and the preliminary plat is scheduled to be before the Planning Commission on May 5, 2004. 8. NEXT EDA MEETING: May 10, 2004 9. ADJOURNMENT President Linke adjourned the meeting at 6:48 p.m. Respectfully submitted, Recorded and transcribed by: Joan Lenzmeier TimeSaver Off Site Secretarial, Inc.