HomeMy WebLinkAbout2003/08/04 - ADMIN - Minutes - Economic Development Authority - RegularAUhCITYOF
ST. LOUIS
PARK
OFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
August 4, 2003
1. Call to Order
President Brimeyer called the meeting to order at 7:18 p.m.
2. Roll Call.
The following Commissioners were present at roll call: John Basill, Jeff Jacobs, Paul
Omodt, Susan Sanger, Sue Santa, Sally V elick, and President Jim Brimeyer.
Also present were the City Manager (Mr. Meyer); Director of Community Development
(Mr. Harmening); and Recording Secretary (Ms. Samson).
3. Approval of Minutes
3a. Economic Development Authority Minutes of July 7, 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 Santa, seconded by Commissioner Basill, to approve
vendor claims.
The motion passed 7-0.
6. Old Business: None
7. New Business
Community Development Director Tom Harmening reported on Items 7a-7e. Mr.
Harmening said representatives from Real Estate Recycling are present to answer
questions.
President Brimeyer inquired why the items have such short provisions for cancellation.
Mr. Harmening said the agreements are standard agreements that all three agencies use.
He said the EDA attorney has reviewed the agreements.
City Manager Charlie Meyer complimented Economic Development Coordinator Greg
Hunt for his work on this project.
EDA M inutes -2- August 4, 2003
7a. Letter of Intent with Edgewood Investors LLC
This report considers approval of a Letter of Intent with Edgewood Investors LLC (Real
Estate Recycling) concerning the cleanup of the property at 2401 Edgewood A venue
South.
It was moved by Commissioner Velick, seconded by Commissioner Jacobs, to approve the
attached Letter of Intent between the EDA & Edgewood Investors LLC.
The motion passed 7-0.
7b. Department of Trade & Economic Development Contamination Cleanup
Program Grant Agreement. EDA Resolution No. 03-08
This report considers approval of a Contamination Program Grant Agreement with the
Minnesota Department of Trade & Economic Development concerning the cleanup of the
property at 2401 Edgewood Avenue South.
It was moved by Commissioner Velick, seconded by Commissioner Santa, to approve the
Resolution No. 03-08 approving an agreement with the Minnesota Department of Trade
& Economic Development for a Contamination Cleanup Program Grant for the cleanup
of 2401 Edgewood Avenue South.
The motion passed 7-0.
7c. Metropolitan Livable Communities Act Tax Base Revitalization Account
Grant Agreement
This report considers approval of an Metropolitan Livable Communities Act Tax Base
Revitalization Account Grant Agreement with the Metropolitan Council concerning the
cleanup of the property at 2401 Edgewood Avenue South.
It was moved by Commissioner Velick, seconded by Commissioner Sanger, to approve
the attached agreement with the Metropolitan Council for a Metropolitan Livable
Communities Act Tax Base Revitalization Account Grant to supplement cleanup of 2401
Edgewood Avenue South.
The motion passed 7-0.
7d. Hennepin County Environmental Response Fund Grant Agreement
This report considers approval of an Environmental Response Fund Grant Agreement
with Hennepin County concerning the cleanup of the property at 2401 Edgewood Avenue
South.
It was moved by Commissioner Velick, seconded by Commissioner Basill, to approve the
attached agreement with Hennepin County for an Environmental Response Fund Grant
for the cleanup of 2401 Edgewood Avenue South.
The motion passed 7-0.
EDA Minutes -3- August 4, 2003
7e. Edgewood Tax Increment Finance District. EDA Resolution No. 03-09
This report considers a resolution requesting the City Council to call for a public hearing
on the establishment of a new Tax Increment Financing District within Redevelopment
Project No. 1. It is proposed that the district include the property at 2401 Edgewood
A venue South.
It was moved by Commissioner Velick, seconded by Commissioner Omodt, to adopt EDA
Resolution No. 03-09 requesting the City Council to call for a public hearing on the
establishment of the Edgewood Tax Increment Financing District (A Soils Condition
District).
The motion passed 7-0.
8. Communications: None
9. Adjournment
President Brimeyer adjourned the meeting at 7:29 p.m.
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