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HomeMy WebLinkAbout1993/01/11 - ADMIN - Minutes - Economic Development Authority - RegularMICROFILMED M IN U TES E C O N O M I C DEV E L OP M EN T A U T HOR ITY STUDY SESSIO N S T . LOUIS PAR K, MINN ESOTA January 11, 1993 President Keith Meland called the meeting to order at 7:03 p.m. Present were Commissioners Allen Friedman, Jeff Jacobs, Lyle Hanks, Larry Mitchell and Keith Meland Also present were the Interim Executive Director (Clint Pires), City Attorney (Jim Steilen) and Director of Community Development (Dave Hagen) . 1. Tower Place Design Mr. Hagen indicated that Park Nicollet/Frauenshuh would be describing their objectives for the project more specifically the week of January 11 and that a meeting would be held the week of January 18 to discuss EDA concerns and potential solutions. Mr. Hagen also said that Park Nicollet may request the closing of 39th St. West. ) J Mr. Hanks felt that discussion of a skyway should occur; otherwise, problems would develop with the road on the east side of the existing building. Mr. Hanks felt the closing of 39th St. West would be determined by the proposed traffic study. 2. Water Tower Relocation The report summarized that the City is due compensation of $345,960 for land, $250,000 for structure and an undetermined amount for relocation for acquisition of a new water tower site in connection with the Tower Place project. Mr. Hagen said that this matter was raised now for informational purposes with the possibility of it appearing on the February 1 agenda for formal discussion and action. 3. Request for Proposal: Traffic Impact Study Mr. Friedman expressed concern about the funding of the proposed study and asked if staff could research (1) whether Hennepin County and the Minnesota Department of Transportation have any traffic studies related to the subject area, and (2) whether either agency might be willing to help fund the proposed study. Due to the need to expedite the traffic study, the EDA scheduled a study session for January 19 at 7:00 p.m. to discuss this issue with information on the two points raised by Mr. Friedman. 4. Financial Report Mr. Hagen described the 1990 EDA action to make the Excelsior Blvd. and Oak Park village redevelopment coterminious to allow flexibility in expenditure Highway 7, districts of tax MICROFILMED increments anywhere within a large geographical area. Mr. Friedman requested that the monthly invoice from the EDA attorney include a breakdown of the number of hours spent by each attorney on each case. Mr. Hagen said this could be attached to the monthly claims list. 5. Other Business Mr. Steilen indicated that Park Nicollet has agreed to pay EDA attorney's fees related to further requests for alterations related to the development agreement currently awaiting signature by Park Nicollet and Frauenshuh. The meeting adjourned at 7:45 p.m. Cea l» Clint Pires Interim Executive Director