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HomeMy WebLinkAbout06-08-2020 EDAAPPROVED PROCEEDINGS OF THE MOUNDS VIEW EDA CITY OF MOUNDS VIEW RAMSEY COUNTY, MINNESOTA Regular Meeting June 8, 2020 Mounds View City Hall 2401 Mounds View Boulevard, Mounds View, MN 55112 1. CALL MEETING TO ORDER President Mueller called the meeting to order at 6:00 p.m. Due to the COVID-19 pandemic this meeting was held virtually. 2. ROLL CALL: President Mueller, Vice President Hull, Commissioner Bergeron Commissioner Gunn, Commissioner Meehlhause, and Executive Director Zikmund. NOT PRESENT: None. 3. APPROVAL OF AGENDA MOTION/SECOND: Gunn/Meehlhause. To Approve the June 8, 2020, Agenda as presented. A roll call vote was taken. Ayes – 5 Nays – 0 Motion carried. 4. CONSENT AGENDA A. February 10, 2020, EDA Minutes. MOTION/SECOND: Meehlhause/Bergeron. To Approve the Consent Agenda as presented. A roll call vote was taken. Ayes – 5 Nays – 0 Motion carried. 5. PUBLIC COMMENT None. Mounds View EDA June 8, 2020 Regular Meeting Page 2 6. EDA BUSINESS A. Brokerage Listing Agreement for EDA Owned Property. Assistant City Administrator Beeman requested the Authority consider approving a Brokerage Listing Agreement for EDA owned property. He explained ReMax contacted the City last fall regarding the Tires N More property. He reported it would be nice for the City to have one broker (ReMax) representing all three of the parcels in order to get the property marketed. He reviewed the listing agreement and marketing materials for this property. It was noted no fee or commission would be charged to the City from ReMax for the listing and sale of this property. Douglas Harris, Commercial Broker with ReMax, introduced himself to the EDA and stated he represents the commercial arm of ReMax Results. President Mueller discussed the three properties that would be listed by ReMax, which included the Tires N More site, the two connected buildings on the Simons property and the residential lot behind the Simons property that is owned by the City. She questioned how large the parcel would be for all three properties. Assistant City Administrator Beeman stated all three parcels would be 2.04 acres in size. President Mueller asked if all three properties could have the same contract in place. Mr. Harris reported he has had the Simons property under contract for just over a month and a one year contract was signed. He indicated he has had the Tires N More property for the last two weeks and a one year contract was in place. President Mueller inquired if all of the contracts should expire at the same time. Mr. Harris stated this could be done. He reported the sellers supported selling the properties all together and understood this would be the most appealing for a potential developer. Commissioner Meehlhause questioned if the goal for ReMax was to sell all three properties as one. Mr. Harris indicated all three properties were being marketed and both sellers recognize this was a more attractive approach for developers. However, at the same time, he was marketing the properties separately. Commissioner Meehlhause commented the vision for the City was to redevelop these properties together. Mr. Harris stated this would be his preference and noted he would remain open in order to appease the sellers. Commissioner Gunn asked what the properties were zoned. Mr. Harris reported the Simons and Groveland property were zoned B-2 and 2832 was zoned B-3. Commissioner Gunn inquired if the City should rezone all of these properties the same. Community Development Director Sevald encouraged the City to be flexible to rezone the Mounds View EDA June 8, 2020 Regular Meeting Page 3 property in the future depending on what kind of development were to come forward. Commissioner Gunn questioned what the price was for the residential lot. Assistant City Administrator Beeman commented the EDA has not set a price for this parcel. He noted the County has a value of $64,000. He anticipated ReMax could provide the City with a broker’s opinion of value for this property. Mr. Harris commented he could provide the EDA with this information and noted the price at this time was listed as negotiable in order to allow him to work with developers. Assistant City Administrator Beeman discussed the expense future developers would have to incur in order to demolish the existing buildings. Commissioner Gunn suggested ReMax review the boundary between Tires N More and CVS because there were issues or a misunderstanding of who owned the back property. Mr. Harris thanked Commissioner Gunn for this information. Commissioner Gunn questioned how this property would be marketed. Mr. Harris discussed how the property would be marketed and explained he would bring developer ideas to the EDA for consideration. Commissioner Meehlhause asked if the City-owned property could be used as a bargaining chip. Assistant City Administrator Beeman stated this would be a tool available to the EDA to assist developers with completing a new project. Commissioner Hull explained he supported the proposed brokerage listing agreement. President Mueller recommended the annual average income for each of the properties be reviewed by ReMax. Mr. Harris stated he would investigate this further. MOTION/SECOND: Hull/Bergeron. To Authorize Staff to Cooperate with the City Attorney and all Necessary Parties to Further Review any Documents, Agreements and Resolutions for the Brokerage Listing Agreement for EDA Owned Property. A roll call vote was taken. Ayes – 5 Nays – 0 Motion carried. 7. REPORTS None. 8. NEXT EDA MEETING: Monday, June 22, 2020 at 6:30 p.m. 9. ADJOURNMENT Mounds View EDA June 8, 2020 Regular Meeting Page 4 President Mueller adjourned the meeting at 6:36 p.m. Respectfully submitted, Recorded and transcribed by: Heidi Guenther Minute Maker Secretarial