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HomeMy WebLinkAbout1990/06/04 - ADMIN - Minutes - Economic Development Authority - Regular( r 7 MICROFILMED MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA June 4, 1990 l. Call to order The meeting was called to order by President Keith Meland at 6:30 p.m. 2. Roll call The following members were present at roll call: Bruce Battaglia, George Haun, Lyle Hanks and Keith Meland. Commissioners Friedman and Mitchell arrived shortly thereafter. Also present were the Executive Director, City Attorney and Director of Community Development. 3. Approval of minutes It was moved by Commissioner Hanks, seconded by Commissioner Haun, to approve the May 7, 1990 minutes. The motion passed unanimously. 4. Approval of agenda It was moved by Commissioner Battaglia, seconded by Commissioner Hanks, to approve the agenda for June 4, 1990. The motion passed unanimously. 5. Reports a. Results of RFP process re Redevelopment Consulting Services The Executive Director gave a brief update on the RFPs. He said seven firms responded and all proposals and matrix have been provided to the Authority. There was some discussion about the wide disparity between the low proposal and the high leading some commissioners to wonder if all consultants had indeed a handle of what the Authority is looking for. < A number of firms had not responded for a variety of reasons, amongst which were not possessing a large enough staff to address the proposal and not enough time to get a proposal together. Commissioner Battaglia would like to see the list short-listed to three and for the Authority to interview those three. With the wide range of costs for the proposal, Commissioner Mitchell wondered if the proposal was focused enough to put out in the market. Commissioner Hanks felt time was of the essence and therefore could eliminate at the outset three of the proposals.because of the time to finish the work and the fees to be charged we®Ilg MW®WWW)MW!MWINN!WWII!!II!WWW!III!IA,JwwIeeeeeee JOJO%Jell3Jelle!le3NM!NW!III!INN WNQMWWWJJgwlNNlWNlNWJJ Economic Development Authority June 4, 1990 l I I ) 8 I >U 2. MICROFILMED Commissioner Mitchell felt all proposals had too much emphasis on engineering. In order to get going, he felt it appropriate the field be narrowed to theee who would be interviewed. Commissioner Battaglia seconded. Councilmember Battaglia asked that staff investigate projects the chosen consultants had completed similar to the kinds of things the Authority is asking for. The motion passed 4-2 (Commissioners Haun and Friedman opposed). Commissioner Battaglia said he had recently been to a seminar held by Judith Martin, Humphrey Institute. She offered to discuss with the Authority her experiences with the chosen firms. Commissioner Hanks asked about a timetable. b. Request authorization to submit a grant request to the RTB It was moved by Commissioner Hanks, seconded by Commissioner Battaglia, to authorize the Executive Director to submit the grant application to RTB. Commissioner Friedman could not see why this was before the Authority as transportation was something the MTC takes care of, especially in light of the l0% matching cont r ibut ion. Commissioner Hanks saw this as dovetailing present concerns about severe traffic problems such as Excelsior/Hwy. 100. Commissioner Battaglia saw this as an opportunity for the City to give input into RTB decisions rather than having all decisions made metropolitan-area wide only by that body. The motion passed 5-1 (Commissioner Friedman opposed). 6. Unfinished business a. Wilkins Pontiac - The President referenced a letter received from the City Attorney addressing the Wilkins relocation. Pontiac's attorney is ready to meet. He was waiting to hear from Wilkin's attorney. 7. New business a. Scheduling of meeting to discuss use of tax increment finance monies - Commissioner Mitchell felt the City did not know its full obligation to the School District at this point. Among the things to· be considered are the Authority's options, questions raised by the Superintendent re bonding, do we want to go ahead with the bond, the menu previously talked about, size of the bond, etc. He felt more than 15-20 minute session was needed. He suggested Jim Helzer, former head of the MCDA, a resident of the City, might be a valuable contributor as to the options available to the Authority. Commissioner Battaglia would like some information provided: how much money is available and how does the Authority intend to spend it; how much is available through bonding and how is it to be spent; what kind of increase is there going to be to the revenue base. He sought a road map into the future. E c o n o m i c D e v e l o p m e n t A u t h o r i t y J u n e 4 , 1 9 9 0 ~ C o m m i s s i o n e r M it c h e l l r e f e r e n c e d O a k P a r k V i ll a g e : w h a t if it were paid off? what are the implications of bonding? if we proceed with the bond, how is it to be funded; what are the implications should be start to pay off the School District next year; what if we just paid them all off - what are the implications? He wanted to look at as much of a menu as was possible to come up with. Commissioner Haun felt that perhaps the cart was before the horse. He didn't know what the money was going to be used for. Perhaps these things should be in place before a urban planner is hired. He was very uncomfortable at present. The Director of Community Development said that among the issues the Authority needed to discuss was what types of public improvements can be funded with TIF and the City Attorney's input would be necessary. Commissioner Battaglia felt that the Authority had succeeded in putting itself in a flexible position in re redevelopment. He felt the Authority now had the time to sit down and make some hard decisions while maintaining financial flexibility. It was moved by Commissioner Mitchell, seconded by Commissioner Hanks, to hold a meeting at 5:30 p.m. on June 18 to discuss TIF. The motion passed 6-0. 1 ) 8 3. W C ROFILM ED 7b. Direction from EDA re restrictions on use of property Councilmember Battaglia wondered if a sunset provision could be written in so that the matter does not need to come back everytime there is a sale or transfer of any property involving another long, time-consuming procedure. The Executive Director felt the attorney could so incorporate such language. Commissioner Friedman suggested the legislation be kept simple and all encompass- ing so that the City's police powers would terminate at any time such parcels are sold to a developer.by the EDA. It was moved by Commissioner Battaglia, seconded by Commissioner Hanks, to draft the appropriate legislation giving EDA property park designation until such time as it is sold. The motion passed 6-0. 8. Communications and bills I <VU a. May 31, 1990 financial report - It was moved by Commissioner Hanks, seconded by Commissioner Battaglia, to order filed. The motion passed 6-0. b. Claims - It was moved by Commissioner Hanks, seconded by Commissioner Haun, to approve and authorize payment. 9. Adjournment - The meeting adjourned at 7:2 Executive Director