HomeMy WebLinkAbout08-27-2018CITY OF MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA
MOUNDS VIEW CITY HALL
Monday, August 27, 2018
6:00 p.m.
1. CALL TO ORDER
2. ROLL CALL: President Mueller, Vice President Gunn, Commissioner Hull,
Commissioner Meehlhause, Commissioner Bergeron
3. APPROVAL OF AGENDA
4. PUBLIC INPUT:
Citizens may speak to issues not on tonight’s agenda. Before speaking, please
give your full name and address for the minutes. Also, please limit your
comments to three minutes.
5. CONSENT AGENDA
A. Approval of Minutes: June 25, 2018
July 9, 2018
August 13, 2018
6. EDA BUSINESS
A. Resolution 18-EDA-314 Approving the Preliminary EDA Property Tax Levy
Request and Budget for Fiscal Year 2019
B. Consider Options for Crossroad Pointe Redevelopment Project
7. REPORTS
8. NEXT EDA MEETING: September 7 (Tuesday), 2018
9. ADJOURNMENT
PROCEEDINGS OF THE MOUNDS VIEW EDA 1
CITY OF MOUNDS VIEW 2
RAMSEY COUNTY, MINNESOTA 3
4
Regular Meeting 5
June 25, 2018 6
Mounds View City Hall 7
2401 Mounds View Boulevard, Mounds View, MN 55112 8
9
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1. CALL MEETING TO ORDER 11
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President Mueller called the meeting to order at 6:00 p.m. 13
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2. ROLL CALL: President Mueller, Vice President Gunn, Commissioner Bergeron 15
Commissioner Hull, Commissioner Meehlhause, and Acting Executive Director Beer. 16
17
ALSO PRESENT: City Attorney Riggs 18
NOT PRESENT: None. 19
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3. APPROVAL OF AGENDA 21
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MOTION/SECOND: Gunn/Meehlhause. To Approve the June 25, 2018, Agenda as presented. 23
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Ayes – 5 Nays – 0 Motion carried. 25
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4. PUBLIC INPUT 27
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None. 29
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5. CONSENT AGENDA 31
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A. June 11, 2018, EDA Minutes. 33
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MOTION/SECOND: Meehlhause/Bergeron. To Approve the Consent Agenda as presented. 35
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Ayes – 5 Nays – 0 Motion carried. 37
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6. EDA BUSINESS 39
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A. Continue Public Hearing: 18-EDA-313, A Resolution Approving Purchase 41
and Development Agreement and Conveyance of Property Located in 42
Mounds View, Minnesota. 43
44
Business Development Coordinator Beeman requested the Authority approve the Purchase and 45
Mounds View EDA June 25, 2018
Regular Meeting Page 2
Development Agreement and conveyance of property located in Mounds View. He explained the 1
City was working in coordination with MWF in order to complete a 60 unit workforce housing 2
apartment complex. He commented further on the Development and Purchase Agreement and 3
recommended approval of the documents. 4
5
President Mueller opened the continued public hearing at 6:05 p.m. 6
7
President Mueller closed the public hearing at 6:05 p.m. 8
9
President Mueller asked if a park dedication fee would be tied into this project. Business 10
Development Coordinator Beeman stated this was the case noting MWF would be paying the 11
City just over $36,000 in park dedication fees. 12
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City Attorney Riggs commented further on the Purchase and Development Agreements. 14
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Commissioner Meehlhause asked if the developer had paid the City for the property. Business 16
Development Coordinator Beeman reported this had been done and noted the funds had been 17
forwarded onto the County. 18
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MOTION/SECOND: Gunn/Bergeron. To Approve the Resolution 18-EDA-313, A Resolution 20
Approving Purchase and Development Agreement and Conveyance of Property Located in 21
Mounds View, Minnesota. 22
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Ayes – 5 Nays – 0 Motion carried. 24
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B. Resolution 18-EDA-312, a Resolution Approving Contract for Private 26
Development and Issuance of Tax Increment Note. 27
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Business Development Coordinator Beeman requested the EDA approve a contract for private 29
development and issuance of a Tax Increment Note. He discussed the proposed TIF Note which 30
would be in the amount of $546,000 and stated it would be for 15 years. It was noted the TIF 31
Note could be paid off early. 32
33
President Mueller requested further information on TIF. Acting Executive Director Beer 34
discussed how TIF could be used by the City and described the “but for” test. Further discussion 35
ensued regarding the benefits of having this property back on the tax rolls. 36
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MOTION/SECOND: Hull/Gunn. To Waive the Reading and Adopt Resolution 18-EDA-312, a 38
Resolution Approving Contract for Private Development and Issuance of Tax Increment Note. 39
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Ayes – 5 Nays – 0 Motion carried. 41
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Mounds View EDA June 25, 2018
Regular Meeting Page 3
7. REPORTS 1
2
None. 3
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8. NEXT EDA MEETING: Monday, July 9, 2018 at 6:00 p.m. 5
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9. ADJOURNMENT 7
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President Mueller adjourned the meeting at 6:20 p.m. 9
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Respectfully submitted, 11
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Recorded and transcribed by: 14
Heidi Guenther 15
TimeSaver Off Site Secretarial, Inc. 16
539447v3 SJR MU205-46
PROCEEDINGS OF THE MOUNDS VIEW 1
ECONOMIC DEVELOPMENT AUTHORITY 2
CITY OF MOUNDS VIEW 3
RAMSEY COUNTY, MINNESOTA 4
5
Closed Session 6
July 9, 2018 7
Mounds View City Hall 8
2401 Mounds View Boulevard, Mounds View, MN 55112 9
5:30 P.M. 10
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1. THE MEETING WAS CALLED TO ORDER at 5:31 PM 13
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2. ROLL CALL: Bergeron, Gunn, Hull, Meehlhause, Mueller, Administrator Zikmund, Finance 15
Director Beer, City Planner Sevald, Business Development Director Beeman 16
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3. The Economic Development Authority held a Special Closed Meeting pursuant to Minnesota 18
Statutes, Sections 13D.04, subdivision 2, 13D.05, subdivision 3(c) and 13.44, subdivision 3 to 19
determine the asking price and to consider strategies and to develop or consider offers or 20
counteroffers for the sale of the Properties referenced below and to review confidential 21
appraisal information for such Properties, as follows: 22
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2400 County Road H2 24
Mounds View, Minnesota 25
PIN: 08.30.23.31.0005 26
27
2394 Mounds View Boulevard 28
Mounds View, Minnesota 29
PIN: 08.30.23.31.0071 30
31
2390 Mounds View Boulevard 32
Mounds View, Minnesota 33
PIN: 08.30.23.31.0072 34
35
4. ADJOURNMENT: The meeting was adjourned at 6:26 p.m. 36
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Respectfully submitted, 38
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______________________________________ 41
Nyle Zikmund 42
Executive Director 43
PROCEEDINGS OF THE MOUNDS VIEW EDA 1
CITY OF MOUNDS VIEW 2
RAMSEY COUNTY, MINNESOTA 3
4
Regular Meeting 5
August 13, 2018 6
Mounds View City Hall 7
2401 County Road 10, Mounds View, MN 55112 8
9
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1. CALL MEETING TO ORDER 11
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President Mueller called the meeting to order at 5:00 p.m. 13
14
2. ROLL CALL: President Mueller, Vice President Gunn, Commissioner Bergeron 15
Commissioner Hull, Commissioner Meehlhause, and Executive Director Zikmund. 16
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NOT PRESENT: None. 18
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3. EDA BUSINESS 20
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A. CLOSED SESSION – CROSSROAD POINTE: Pursuant to Minnesota 22
Statues Sections 13D.05, Subdivision 3(c) and 13.44, Subdivision 3, to 23
Conduct a Closed EDA Meeting concerning Real Property located at 24
addresses noted below to determine the asking price, to consider strategies 25
and to develop or consider offers or counteroffers for the sale of such real 26
property and to review confidential appraisal information for such real 27
property. 28
29
2400 County Road H2 30
Mounds View, Minnesota 31
PIN: 08.30.23.31.0005 32
33
2394 Mounds View Boulevard 34
Mounds View, Minnesota 35
PIN: 08.30.23.31.0071 36
37
2390 Mounds View Boulevard 38
Mounds View, Minnesota 39
PIN: 08.30.23.31.0072 40
41
President Mueller reported the EDA would be meeting in Closed Session pursuant to Minnesota 42
Statues Sections 13D.05, Subdivision 3(c) and 13.44, Subdivision 3 to negotiate the sale of real 43
property for Crossroad Pointe. 44
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Mounds View EDA August 13, 2018
Regular Meeting Page 2
B. OPEN SESSION: (To follow immediately after the Closed Session) 1
1. Crossroad Pointe 2
a. General Discussion/Issues 3
b. Other Matters 4
5
President Mueller reconvened the meeting to order at 6:27 p.m. 6
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President Mueller asked for comments or questions from the EDA regarding Crossroad Pointe. 8
There were no comments or questions at this time. 9
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2. MWF/Boulevard 11
a. Project and Closing Matters 12
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This item was postponed to the August 27, 2018 EDA meeting. 14
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4. NEXT EDA MEETING: Monday, August 27, 2018 at 6:00 p.m. 16
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5. ADJOURNMENT 18
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President Mueller adjourned the meeting at 6:29 p.m. 20
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Respectfully submitted, 22
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Recorded and transcribed by: 25
Heidi Guenther 26
TimeSaver Off Site Secretarial, Inc. 27
Item No: 6B
Meeting Date: August 27, 2018
Type of Business: EDA Business
City of Mounds View Staff Report
To: Economic Development Authority
From: Brian Beeman, Business Development Coordinator
Item Title/Subject: General Discussion/Issues on Crossroad Pointe
Background:
Before negotiating with INH Properties on the land price and cooperating with the City Attorney to
draft a development agreement for the Crossroad Pointe site the EDA will need to consider which
option the developer should peruse in order to move forward.
The City is cooperating with INH Properties to develop 4.25 acres at Crossroad Pointe. INH
Properties is proposing two options for development at the site. Option 1 is all apartments totaling
approximately 135 units. Option 2 is approximately 63 units of market rate apartments and a Kwik
Trip.
Discussion:
A brief historical summary concerning INH Properties at Crossroad Pointe is provided below.
Information on each option was presented by INH Properties and Kwik Trip at the June 4,
2018 City Council Work Session.
The Council directed staff and the developer to conduct a neighborhood meeting prior to the
Council consenting to Option 1 or Option 2.
A neighborhood meeting was conducted June 27, 2018.
The City Council considered the options at its July 2, 2018 Work Session and decided that
further discussion of the land sale price would need to occur at the EDA closed session.
The Council held an EDA closed meeting July 9, 2018 and decided that an appraisal should
be completed before determining a land sale price.
An appraisal report by two separate appraisal companies was presented to the EDA at its
August 13, 2018 closed meeting. The EDA determined a price for the 4.25 acre land sale of
Crossroad Pointe. The EDA decided to postpone any discussion surrounding which option
to choose until its August 27, 2018 regular meeting.
Discuss the pros and cons of each option and decide which option the EDA would like to pursue.
Once and option is chosen, staff will enter into negotiations with the developer. If negotiations are
successful, staff will cooperate with the City Attorney and developer to complete a development
agreement and any other supporting documents and present them at a future meeting.
Recommendation:
1) Consider approval of either Option 1, all apartments or Option 2, apartments and a Kwik Trip
and direct staff to negotiate with the developer to come to a consensus on the land price by
motion.
August 27, 2018 EDC Meeting
Item 03B1a – Crossroad Pointe General Discussion/Issues
Page 2 of 2
2) Direct staff to cooperate with the City Attorney and developer to complete a Development
Agreement and any other necessary documents needed to complete the option chosen for
development contingent upon a successful land sale agreement by motion.
Respectfully submitted,
__________________________
Brian Beeman
Attachments:
1) N/A