HomeMy WebLinkAbout04-12-2021 EDAAPPROVED
PROCEEDINGS OF THE MOUNDS VIEW EDA
CITY OF MOUNDS VIEW
RAMSEY COUNTY, MINNESOTA
Regular Meeting
April 12, 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 6:30 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/Hull. To Approve the April 12, 2021, Agenda as presented.
A roll call vote was taken.
Ayes – 5 Nays – 0 Motion carried.
4. CONSENT AGENDA
A. March 22, 2021, EDA Minutes.
B. March 22, 2021, EDA Closed Minutes.
MOTION/SECOND: Hull/Meehlhause. 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 April 12, 2021
Regular Meeting Page 2
6. EDA BUSINESS
A. Resolution 21-EDA-341 Approving a Preliminary Development Agreement
with MWF Properties, LLC by the Mounds View Economic Development
Authority.
Assistant City Administrator Beeman requested the EDA approve a preliminary development
agreement with MWF Properties, LLC. He explained the EDA owns 3.5 acres of land and at the
March 22, 2021 EDA meeting, the Authority agreed to sell this land to MWF Properties for
$1.55 million. Staff reviewed the terms of the agreement in further detail and recommended
approval. It was noted the intent was to work towards a final agreement for the closing date
which was December 31, 2022. The agreement could be extended until December 31, 2023 in
order to receive proper affordable housing credits.
Chris Stokka, MWF Properties, commented he had a letter of intent with Bauer so he would be
moving forward with a purchase agreement. He explained the funding he was seeking was
similar to the grants he received for the Boulevard project. He stated he would be going through
Minnesota Housing this July. He was hopeful that one of the two projects would be selected on
the first go round.
President Mueller thanked Mr. Stokka for working with the adjacent property owners and
understanding their needs when moving forward with this project.
Commissioner Meehlhause commented on a recent article that was printed about the Ramsey
County HRA and their intent to assist with multi family housing. Mr. Stokka stated he would
look into this and explained the Ramsey County HRA helped with the Boulevard project.
Commissioner Meehlhause questioned when the sale of this property would be completed.
Assistant City Administrator Beeman reported the earliest MWF would break ground would be
the spring of 2022.
President Mueller encouraged MWF to speak with Ramsey County HRA to see if any assistance
was available for this project.
Executive Director Zikmund commented on a meeting he attended with Ramsey County City
Managers. He noted a competitive housing grant application process was discussed. He stated
this program would be highly advertised by the County and he anticipated these grants would be
extremely competitive.
MOTION/SECOND: Hull/Meehlhause. To Waive the Reading and Adopt Resolution 21-EDA-
341, Approving a Preliminary Development Agreement with MWF Properties, LLC by the
Mounds View Economic Development Authority.
Mounds View EDA April 12, 2021
Regular Meeting Page 3
A roll call vote was taken.
Ayes – 5 Nays – 0 Motion carried.
7. REPORTS
None.
8. NEXT EDA MEETING: Monday, April 26, 2021 at 6:30 p.m.
9. ADJOURNMENT
President Mueller adjourned the meeting at 6:52 p.m.
Respectfully submitted,
Recorded and transcribed by:
Heidi Guenther
Minute Maker Secretarial