HomeMy WebLinkAbout2005/09/06 - ADMIN - Minutes - Economic Development Authority - RegularA(fh CITYOF
ST. LOUIS
PARK
OFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
September 6, 2005
1. Call to Order
President Santa call ed th e m eeting to order at 7:15 pm .
2. Roll Call.
C omm ission ers present: Su e Santa, Jim B ri m eyer, Jo hn B asill, Phil Fink elstein, Paul O m odt, and
S u san S an ger.
S taff present: C ity M anager (M r. H arm ening), C omm un ity D evelopm ent D irector (M r. Locke)
Fin ance D irector (M s. M cG ann ) and E conom ic D evelopm ent C oordinator (M r. H unt).
3. Approval of Minutes
3a. Economic Authority Minutes of June 20, 2005
It w as m otioned by Com m issioner O m odt, second ed by Com m issioner B asil! to approve
the m inutes as p resented.
The m otion p assed 6-0.
4.
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Approval of Agenda
It w as m otioned by Com m issioner Sang er, seconded by Com m issioner Finkelstein to
approve the ag enda.
The m otion p assed 6-0.
5. Reports
Sa. Motion to accept and file vendor claim report
It w as m otioned by Com m issioner O m odt, second ed by Com m issioner Finkelstein to
accep t the vend or cl aim s for fi li ng.
The m oti on p assed 6-0.
6. Old Business
7. New Business
7a. Annual Election of Economic Development Authority Officers
It w as m oti oned by Com m issioner Finkelstein, second ed by Com m issioner B asil! to
nom inate C om m issioner O m odt as Vi ce P resident.
Th e m otion p assed 6-0.
It w as m otioned by C om m issioner B asill, second ed by Com m issioner Sanger, to nom inate
Com m issioner Finkelstein as Treasurer.
The m otion p assed 6-0.
EDA Meeting Minutes -2- September 6, 2005
7b. Consideration of a First Amendment to the Purchase and Redevelopment
Contract with Mendota Homes
Mr . Hunt presented the staff report. He noted three revisions to the redevelopment
contract for soil remediation costs.
Comm issioner Sanger asked if the adjustments were made, were they assured there
would be no additional liability to the City for environm ental or soil hazards? Mr. Hunt
replied the developer had agreed to this num ber and it was not to exceed $39,950.
Comm issioner Sanger asked if they made the adjustm ents, there was no further liability
for the City or the EDA for environm ental remediation? Mr. Harmening responded the
liability was not chan ging in any way than what had already been accepted as part of the
development contract.
Comm issioner Omodt asked if the $39,500 figure was adequate and the developer had
agreed to that? Mr. Hunt responded that their Engineer had looked at it and it had also
been reviewed by City Engineers to confirm the numbers.
Councilmember Fink elstein stated if it went much above that dollar figur e, they were
starting to get close to approximately 50% of the purchase price. This was a Superfund
site and wanted to be sure it was clear if they spent less than $39,500, that they were only
paying the actual costs incurr ed. Wh en he reviewed the contract, he did not find that.
Mr . Hunt replied it that was covered in the original agreement.
It was motioned by Commissioner Omodt, seconded by Commissioner Finkelstein to approve
the First Amendment to the Purchase and Redevelopment Contract between St. Louis Park
Economic Development Authority and Mendota Homes, Inc. dated April 18, 2005.
The motion passed 6-0.
7c. Approve EDA Resolution for HRA levy as required by MN Statutes, Section 275.065
Ms. McGann presented the staff report.
It was motioned by Commissioner Brimeyer, seconded by Commissioner Omodt to adopt
the EDA Resolution establishing the HRA levy.
The motion passed 6-0.
EDA Meeting Minutes -3- September 6, 2005
7d. A m end m ent to A tt orn ey Servic es A greem ent - K ennedy & G ra ven
Mr. Locke presented the staff report.
Comm issioner Jacobs arrived.
It was motioned by Commissioner Brimeyer, seconded by Commissioner Sanger to
authorize the President and Executive Director to execute an amendment to the contract
betw een the St. Louis Park Economic Development Authority and Kennedy & Graven
relating to adjusting the hourly rates for legal services.
Th e motion passed 7-0.
8. C om m unications: N one
9. A djou rnm ent
It was motioned by Commissioner Jacobs, seconded by Commissioner Sanger to adjourn.
The motion passed 7-0.
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The meeting adjourned at 7:25 p.m.
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