Loading...
HomeMy WebLinkAbout2003/10/07 - ADMIN - Minutes - Economic Development Authority - RegularA~CITYOF ST. LOUIS PARK OFFICIAL MINUTES ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA October 7, 2003 1. Call to Order President Brimeyer called the meeting to order at 7:19 p.m. 2. Roll Call. The following Commissioners were present at roll call: John Basill, Jeff Jacobs, Paul Omodt, Susan Sanger, Sue Santa, Sally Velick, and President Jim Brimeyer. Also present were the City Manager (Mr. Meyer); Director of Community Development (Mr. Harmening); Economic Development Coordinator (Mr. Hunt); and Recording Secretary (Ms. Samson). 3. Approval of Minutes 3a. Economic Development Authority Minutes of September 15, 2003 The minutes were approved as presented. 4. Approval of Agenda The agenda was approved as presented. 5. Reports Sa. Motion to accept and file vendor claim report It was moved by Commissioner Sanger, seconded by Commissioner Santa, to approve vendor claims. The motion passed 7-0. 6. Old Business: None 7. New Business 7a. Public Hearing regarding the purchase of 3501 Louisiana Ave. S. by Anderson Builders Director of Community Development Tom Harmening said the City is preparing to finalize the purchase agreement regarding the proposed sale of 3501 Louisiana Avenue South. Mr. Harmening asked that this matter be continued until October 20, 2003. Mr. Harmening announced that the developer has contacted STS, and a representative from that consulting firm is present. EDA M eeting M inutes -2- October 7, 2003 It was moved by Commissioner Santa, seconded by Commissioner Omodt, to open the public hearing regarding the proposed sale of 3501 Louisiana Ave. S. and continue it until October 20, 2003. The motion passed 7-0. 7b. Third Amendment to Amended and Restated Contract for Private Redevelopment between the St. Louis Park Economic Development Authority, the City of St. Louis Park, and Meridian Properties Real Estate Development, LLC (TOLD Development Company) Mr. Harmening reported on the proposed passive methane venting system to be located in Wolfe Park, adjacent to the Phase II property. Mr. Harmening said TOLD Development Company would pay for the installation of the passive methane venting system, and the City has the authority to approve the design, location, and timing of the installation. Mr. Harmening stated that Staff posits there are no health or safety dangers associated with this installation in Wolfe Park or on the Phase II property. Bob Cunningham, TOLD Development Company, said the passive methane venting system would simply be a project cost and not a TIF cost. President Brimeyer asked: What would the passive methane venting system look like? Mr. Harmening said Staff would have to pay attention to that to ensure it would be aesthetically pleasing. It was moved by Commissioner Basill, seconded by Commissioner Omodt, to authorize the President and Executive Director to execute a Third Amendment to the Amended and Restated Contract for Private Redevelopment between the St. Louis Park Economic Development Authority, the City of St. Louis Park, and Meridian Properties Real Estate Development, LLC relating to the installation of a passive methane venting system in Wolfe Park and/or the adjacent Wolfe Parkway. The motion passed 7-0. 8. Communications: None 9. Adjournment President Brimeyer adjourned the meeting at 7:31 p.m.