HomeMy WebLinkAbout06-28-2021 EDACITY OF MOUNDS VIEW
ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA
MOUNDS VIEW CITY HALL
Monday, June 28, 2021
6:30 p.m.
1. CALL TO ORDER
2. ROLL CALL: President Mueller, Vice President Cermak, Commissioner Hull,
Commissioner Meehlhause, Commissioner Bergeron
3. APPROVAL OF AGENDA
4. CONSENT AGENDA
A. Approval of Minutes: June 14, 2021
5. PUBLIC COMMENT
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.
6. EDA BUSINESS
A. Soderman Property Discussion
7. REPORTS
A. EDA/Simon's Lot -Brian
B. Residential In -fill Redevelopment Update -Jon
B. Forgivable Loan Program Update -Scott
C. MWF Properties Easement, Purchase & Development Agreement Update -Scott
8. NEXT EDA MEETING: July 12, 2021 at 6:30 p.m.
9. ADJOURNMENT
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PROCEEDINGS OF THE MOUNDS VIEW EDA
2 CITY OF MOUNDS VIEW
3 RAMSEY COUNTY, MINNESOTA
4
5 Regular Meeting
6 June 14, 2021
7 Mounds View City Hall
8 2401 Mounds View Boulevard, Mounds View, MN 55112
9
10
11 1. CALL MEETING TO ORDER
12
13 President Mueller called the meeting to order at 6:31 p.m. Due to the COVID-19 pandemic this
14 meeting was held virtually.
15
16 2. ROLL CALL: President Mueller, Vice President Cermak, Commissioner Bergeron
17 Commissioner Hull, Commissioner Meehlhause, and Executive Director Zikmund.
18
19 NOT PRESENT: None.
20
21 3. APPROVAL OF AGENDA
22
23 MOTION/SECOND: Meehlhause/Hull. To Approve the June 14, 2021, Agenda as presented.
24
25 A roll call vote was taken.
26
27 Ayes — 5 Nays — 0 Motion carried.
28
29 4. CONSENT AGENDA
30
31 A. May 10, 2021, EDA Minutes.
32
33 MOTION/SECOND: Hull/Bergeron. To Approve the Consent Agenda as presented.
34
35 A roll call vote was taken.
36
37 Ayes — 5 Nays 0 Motion carried.
38
39 5. PUBLIC COMMENT
40
41 None.
42
43 6. EDA BUSINESS
44
45 A. 21-EDA-344, A Resolution Supporting Use of Financial Assistance for a
Mounds View EDA
Regular Meeting
June 14, 2021
Page 2
1 Rental Housing Development Project.
2
3 Assistant City Administrator Beeman requested the EDA support the use of financial assistance
4 for a rental housing development project. He explained MWF was proposing a senior housing
5 project on the Skyline Motel property and was requesting both TIF and conduit revenue bonds.
6 He reported this Resolution of Support would assist MWF in securing the financing necessary to
7 complete this project.
8
9 Jason Aarsvold, Ehlers & Associates, discussed the TIF findings in further detail with the EDA.
10 He explained the Minnesota Housing organization requires a Resolution of Support for projects
11 requesting tax credits and bonds. He indicated the Resolution of Support does not commit the
12 City to providing TIF, rather a full process would have to be followed in order to create a TIF
13 District. However, the Minnesota Housing organization does like to see the City committed to
14 the project. He commented further on the amount of TIF that would be necessary to make this
15 project financially feasible. He recommended $1.9 million in TIF be considered versus the
16 requested $2.4 million that was requested by the developer.
17
18 President Mueller questioned what the total cost was for this project. Mr. Aarsvold reported the
19 project would cost $26.6 million to complete.
20
21 MOTION/SECOND: Meehlhause/Hull. To Waive the Reading and Adopt Resolution 21-EDA-
22 344, A Resolution Supporting Use of Financial Assistance for a Rental Housing Development
23 Project.
24
25 A roll call vote was taken.
26
27 Ayes — 5 Nays — 0 Motion carried.
28
29 7. REPORTS
30
31 A. EDA Lot Purchase Agreement Update
32
33 Assistant City Administrator Beeman provided the EDA with an update on the Letter of Intent
34 that has since expired for the Simon's lot. He explained the City has another party interested in
35 putting a dental office on this lot. He indicated City staff would be pursuing this opportunity.
36
37 Commissioner Bergeron asked if this purchase agreement would include the City owned lot
38 behind Simon's. Assistant City Administrator Beeman reported this was the case, noting there
39 would be a dual sale between the City of Mounds View, Simon's and the dental office developer.
40
41 8. NEXT EDA MEETING: Monday, June 28, 2021 at 6:30 p.m.
42
43
Mounds View EDA
Regular Meeting
June 14, 2021
Page 3
t 9. ADJOURNMENT
2
3 President Mueller adjourned the meeting at 6:48 p.m.
4
5 Respectfully submitted,
6
7
8 Recorded and transcribed by:
9 Heidi Guenther
10 Minute Maker Secretarial
MouNDs IViEw
City of Mounds View Staff Report
Item No: 6A
Meeting Date: June 28, 2021
Type of Business: EDA
Administrator review:
To: EDA President and Commissioners
From: Brian Beeman, Assistant City Administrator
Item Title/Subject: Soderman Property Discussion
Background
Recently, staff was approached by Dustin Soderman to see if the EDA is interested in purchasing their
property located at 2510 Ardan Avenue. The property is .89 acres and sits adjacent to the City owned
property at 8283 Long Lake Rd. The subject property currently has a small home that has been
vandalized and is not inhabitable.
Public Works has shown some interest in the past to take ownership because the house is not currently
on city services. The closest services to connect is in Longlake Road which would be costly. There was
also the idea to set the property aside for future expansion of Ardan Park and/or the compost site. In
addition, the city has past development plans that shows a larger development south of Ardan Park.
Discussion
The EDA to discuss the interest level of purchasing the property. Staff is just determining if the EDA is
interested in the property or not at this point.
Recommendation
Should the EDA decide to continue to pursue the property, staff recommends that the item be placed on
the July 6 Council Worksession for further discussion where more details about the property, including
price, and other pertinent information can be discussed. If the EDA decides not to continue pursuing the
property then staff will notify Mr. Soderman so that he can list the property on the market.
Respectfully submitted,
Brian Beeman
Assistant City Administrator
Attachment(s):
1) Map of Subject Property
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