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HomeMy WebLinkAbout03-22-2021 EDAAPPROVED PROCEEDINGS OF THE MOUNDS VIEW EDA CITY OF MOUNDS VIEW RAMSEY COUNTY, MINNESOTA Regular Meeting March 22, 2021 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 7:23 p.m. Due to the COVID-19 pandemic this meeting was held virtually. 2. ROLL CALL: President Mueller, Vice President Cermak, Commissioner Bergeron Commissioner Hull, Commissioner Meehlhause, and Executive Director Zikmund. NOT PRESENT: None. 3. APPROVAL OF AGENDA MOTION/SECOND: Meehlhause/Bergeron. To Approve the March 22, 2021, Agenda as presented. A roll call vote was taken. Ayes – 5 Nays – 0 Motion carried. 4. CONSENT AGENDA A. Approval of Minutes: January 25, 2021 EDA Minutes February 22, 2021 Closed EDA Minutes March 8, 2021 Closed EDA Minutes MOTION/SECOND: Bergeron/Hull. To Approve the Consent Agenda as presented. A roll call vote was taken. Ayes – 5 Nays – 0 Motion carried. 5. PUBLIC COMMENT Mounds View EDA March 22, 2021 Regular Meeting Page 2 None. 6. EDA BUSINESS A. Skyline Redevelopment Proposal Presentation – MWF Properties. Assistant City Administrator Beeman stated the EDA owns 3.5 acres of land known as the Skyline Redevelopment Area. He explained two developers were interested in purchasing this property. However, the senior housing developer has backed out, which left MWF interested in moving forward with their initial project. He reported MWF has several different options for the northern side of this site. He reported MWF would like to go over these options with the EDA. Chris Stokka, MWF Properties, provided the EDA with a presentation on his plans for the Skyline site. He explained he has reengaged Bauer Welding in order to get their land under contract. He anticipated he would have an LOI with Bauer in place later this week and a purchase agreement in the next week or two. He indicated he was proposing to construct 96 family workforce-housing units and 120 affordable senior apartments (55 or older). He reported there was a shortage of affordable senior housing units in Minnesota. He anticipated the general layout would be similar to the previous plans provided by MWF and Augusta. He commented further on the affordable housing tax credits that he would be requesting from the State of Minnesota for both of these projects. He stated he would be requesting a TIF note for this redevelopment. Commissioner Meehlhause asked if Mr. Stokka was aware that a portion of the land would be sold to BioClean. Mr. Stokka explained he was aware of this land sale. Further discussion ensued regarding the income restrictions that would be in place for the proposed affordable senior units. President Mueller questioned what the timing of this project would be. Mr. Stokka indicated this would be dependent upon the grants, noting there were two rounds each year. It was his hope that one of the projects would be selected within each round. President Mueller thanked MWF for the presentation on the Skyline Redevelopment project. B. Review DRAFT Preliminary Development Agreement – MWF Properties. Assistant City Administrator Beeman discussed the draft preliminary development agreement with MWF Properties. He explained staff and the City Attorney has been working with MWF on and off over the past year. He indicated this agreement would be considered at the April EDA meeting. He noted the senior housing aspect was new and would be added to the agreement, along with the purchase price for the property. He requested feedback from the EDA on the agreement. Mounds View EDA March 22, 2021 Regular Meeting Page 3 President Mueller reported this project would hinge on MWF receiving grants for this project. She questioned if the EDA supported sitting on this project with the understanding it will not move forward if the grants are not received. Commissioner Hull stated he would support the project and waiting for the grants to be received. Commissioner Cermak agreed. Commissioner Meehlhause supported the EDA waiting as well and recommended staff continue to work with MWF. 7. REPORTS None. 8. NEXT EDA MEETING: Monday, April 12, 2021 at 6:30 p.m. 9. ADJOURNMENT President Mueller adjourned the meeting at 7:50 p.m. Respectfully submitted, Recorded and transcribed by: Heidi Guenther Minute Maker Secretarial