HomeMy WebLinkAbout1990/04/02 - ADMIN - Minutes - Economic Development Authority - RegularMINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
April 2, 1990
MICROFILMED
J. Call to order
The meeting was called to order by President Keith Meland at 6:30 p.m.
2. Ro 11 ca 11
The following
George Haun,
commissioners were present at roll call: Bruce Battaglia,
Lyle Hanks, Larry Mitchell, Jane Tschida, Keith Meland.
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Also present were the Executive Director, City Attorney and Director of
Community Development.
3. Approval of minutes
a. March 19 , 19 90 - It was moved by Commissioner Battaglia, seconded by
Commissioner Mitchell, to approve the minutes. The motion passed 5-0-1 (Commissioner
Haun abstained).
b. March 22, 19 90 - It was moved by Commissioner Hanks, seconded by Commissioner
Battaglia to approve. The motion passed 5-0 -1 (Commissioner Haun abstained).
c. March 27, 19 90 - It was moved by Commissioner Battaglia, seconded by
Cammi ss i oner Mitche 11 , to approve. The motion passed 4 -0 -2 ( Cammi ss i one rs
Haun and Hanks abstained).
4. Approval of agenda
It was moved by Commissioner Mitchell, seconded by Commissioner Hanks , to
approve the agenda for April 2, 19 90 . The motion passed 5-0 .
5. Reports
a. Status report: Robert Larsen Partners proposa 1 - The Executive Di rector
said that in a recent conversation with Kelly Doran regarding terminating
the agreement, Mr. Doran did not object to that, indicating he would be
willing to send a letter to that effect to the EDA. The recommendation to
the EDA this evening was that staff be directed to obtain such a letter
from Robert Larsen Partners.
Commissionr Hanks asked the status of monies to be paid to the City by Robert
Larsen Partners throughout the progress of this project. The Executive Director
said the City has been receiving cash advances from Larsen Partners. The
Director of Community Development said the City has received $23 ,0 00 in
cash from Larsen and has spent $34 ,0 00 . Therefore, the City is in an approximate
$11 ,0 00 deficit position.
The Executive Director said it would be staff's intention to get the Authority
reimbursed for every cent spent on the project. He did not believe this
should be part of the motion before the Authority.
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Economic Development Authority minutes
April 2, 1990
Page 2
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lIGROFILMED
The Director of Community Development felt there were some things Larsen
possessed that would be of value to the Authority, i.e. soils analysis.
This might be viewed as some measure of compensation.
It was moved by Commissioner Hanks, seconded by Commissioner Tschida, to
request ·staff to secure a letter from the Larsen Partners indicating that
they have no problem if the agreement is terminated.
Commissioner Haun asked about any further costs that might be incurred -
was their any provision for payment.
The Executive Director was not aware of what any further costs would be,
nor was the Director of Community Development.
The motion passed 6-0.
b. Request of Park Shore Place for modification to assessment agreement
It was moved y Commissioner Mitchell, Seconded 5y CommTssToner Hanks,
to defer the item to May 7, 1990.
The motion passed 6-0.
5c. Status report: Wilkins Pontiac lease - The President indicated the City
Attorney had recommended a c 1 osed meeting on this item at the end of the
regular business meeting.
6. Unfinished business
a. Louisiana Ave. Partners Recommendation to sever development
relationship and that the property
be removed from the market
James Waters, Quest Development, was present to request that discussion
of this matter be deferred to May 7, 1990 in order to explore the full range
of options that may be available. His firm is still interested in exploring
whether their proposal could be implemented despite recent analysis received
on the site conditions.
It was moved by Commissioner Tschida, seconded by Commissioner Battaglia,
to defer the item to May 7, 1990.
The motion passed 6-0.
6b. Result of discussion with Wirth Company - The Executive Director noted
that this item may be moot given the direction the Larsen Partners project
is taking.
It was moved by Commissioner Hanks, seconded by Commissioner Battaglia,
to receive the report for filing.
The motion passed 6-0.
Economic Development Authority minutes
Apr i 1 2, 1990
Page 3. r-
f 8. Communications and bills
a. Financial report - It was moved by Commissioner Hanks, seconded by Commissioner
Haun, to receive the report for filing. The motion passed 6-0.
b. Claims - It was moved by Commissioner Battaglia, seconded by Commissioner
Haun, to approve the claims and authorize payment. The motion passed 6-0.
The Authority convened in a c 1 osed meeting to discuss a matter of pending
lit igation.
Upon its return to Chambers, it was moved by Commissioner Battaglia, seconded
by Commissioner Haun, to authorize resolution of the claim in the Theros
matter based on the parameters set by the City Attorney. The motion passed
6-0.
9. Adjournment
It was moved by Commissioner Tschida, seconded by Commissioner Haun, to
adjourn the meeting at 7:20 p.m. The motion passed unanimously.
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Executive Director