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HomeMy WebLinkAbout2005/10/10 - ADMIN - Minutes - Economic Development Authority - RegularAflh CITYOF ST. LOUIS PA RK OFFICIAL MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA October 1 O, 2005 1. Call to Order President Santa called the meeting to order at 7: 10 pm. 2. Roll Call. Commissioners present: Sue Santa, John Basill, Jim Brimeyer, Jeff Jacobs, Phil Finkelstein, Paul Omodt and Susan Sanger. Staff present: City Manager (Mr. Harmening), Community Development Director (Mr. Locke) and Economic Development Coordinator (Mr. Hunt). 3. Approval of Minutes 3a. Economic Authority Minutes of September 6, 2005 It was motioned by Commissioner Jacobs, seconded by Commissioner Sanger to approve the minutes as presented. The motion passed 7-0. ) 4. Approval of Agenda 5. Reports Sa. Motion to accept and file vendor claim report It was motioned by Commissioner Finkelstein, seconded by Commissioner Brimeyer to accept the vendor claims for filing. The motion passed 7-0. 6. Old Business 7. New Business 7a. Request for EDA Grant Sponsorship-DEED Contamination Clean-up Grant Program, and Metropolitan Council Tax Base Revitalization Account Grant on behalf of Real Estate Recycling for the redevelopment of the Golden Auto I National Lead site at 7003 Lake Street West. Mr. Hunt presented the staff report. It was motioned by Commissioner Jacobs, seconded by Commissioner Basill, to adopt EDA Resolution No. 05-11 authorizing the Executive Director and President to submit a grant application to the Department of Employment and Economic Development Contamination Clean-up Grant Program on behalf of Real Estate Recycling. The motion passed 7-0. EDA Meeting Minutes -2- October 10, 2005 It was motioned by Commissioner Jacobs, seconded by Commissioner Basil! to adopt Resolution No. 05-12 authorizing the Executive Director and President to submit a grant application to the Metropolitan Council Tax Base Revitalization Grant Program on behalf of Real Estate Recycling. The motion passed 7-0. It was motioned by Commissioner Jacobs, seconded by Commissioner Basil! to authorize the President and Executive Director to execute such agreements as are necessary to implement the Project on behalf of the applicant. The motion passed 7-0. 7b. Letter of Intent with Highway 7 Business Center LLC (Real Estate Recycling) Mr. Hunt presented the staff report. It was motioned by Commissioner Basil!, seconded by Commissioner Jacobs, to adopt approve the attached Letter of Intent between the EDA & Highway 7 Business Center LLC (Real Estate Recycling). The motion passed 7-0. 8. Communications: None 9. Adjournment It was motioned by Commissioner Jacobs, seconded by Commissioner Sanger to adjourn. The motion passed 7-0. The meeting adjourn ed at 7:16 p.m. sea,, @ President