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HomeMy WebLinkAboutMINUTES EDA 10.15.19MINUTES FOR THE EDA MEETING OF OCTOBER 15, 2019 Weidt called the meeting to order at 6:04 pm. PRESENT: Denaway, Gallivan, Houle, Klein, Petty, Puleo, Weidt. ABSENT: None. STAFF: Bryan Bear, City Administrator Rachel Juba, Community Development Director Emily Weber, Community Development Assistant APPROVAL OF MINUTES FOR THE EDA MEETING OF AUGUST 20, 2019 Klein made a motion, Petty seconded, to approve minutes for the EDA meeting of August 20, 2019. All Ayes. Motion carried. TONY HARMENING, CATTLE HOUSE CONCEPT PLAN Juba provided background on the concept plan presented by Tony Harmening at the August 20, 2019 EDA meeting. Staff has been working with Harmening over the last few months and have been discussing the downtown plan and design guidelines, as well as the City owned property development criteria, with him. Harmening came forward to further discuss his concept plan with the EDA. Harmening presented the demographics of the area and noted the need for a restaurant in Hugo's community. Harmening also presented a work plan with estimated gross and net revenues of the restaurant. The revenue from the restaurant will be used to build the future event center. It is in staff's opinion that the concept plan is a good match for meeting the development criteria. Staff is recommending that the EDA provide direction for staff to start negotiating a purchase agreement with Tony Harmening. The EDA continued to discuss the concept plan and the purchase agreement. The EDA gave staff direction to draft a purchase agreement with contingencies on the length of the agreement being 120 days, adopting the downtown design guidelines as development criteria for the property, and implementing a timeline on additional phases of development Klein made a motion to recommend moving forward with drafting a purchase agreement for the City owned property along Egg Lake to be approved by the City Council. Seconded by Denaway. All ayes. Motion Carried. UPDATE ON DOWNTOWN REDEVELOPMENT Juba provided an update on downtown redevelopment and stated that the O'Reilly Auto Parts opened in September. DISCUSSION ON EDA MEETING TIME Weidt suggested the time of the EDA meetings to be changed to 5:30 pm. The rest of the EDA agreed with the change in time. ADJOURNMENT Commissioner Klein made a motion, seconded by Commissioner Puleo, to adjourn at 6:40 pm. All ayes. Motion carried. Respectfully submitted. Emily Weber, Community Development Assistant