HomeMy WebLinkAbout2001/10/15 - ADMIN - Minutes - Economic Development Authority - RegularArth CITYOF
ST. LOUIS
PARK
OFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
October 15, 2001
7:25 p.m.
1. Call to Order
President Young called the meeting to order at 7:25 p.m.
2. Roll Call
The following Commissioners were present at roll call: Jeff Jacobs, Jim Brimeyer, Chris
Nelson, Susan Sanger, and Sue Santa, and President Robert Young.
Commissioner Ron Latz arrived at 7:27.
3.
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Also present were the City Manager (Mr. Meyer); City Attorney (Mr. Scott); Director of
Community Development (Mr. Harmening); Director of Public Works (Mr. Rardin); City
Clerk (Ms. Reichert); and Recording Secretary (Ms. Samson).
Approval of Minutes
3a. Approval of Economic Development Authority minutes of October 3, 2001
The minutes were approved as presented.
4. Approval of Agenda
4a. Approval of agenda of October 15, 2001
It was moved by Commissioner Nelson, seconded by Commissioner Jacobs, to approve the
agenda.
The motion passed 6-0.
Reports
Sa. Vendor Claims
It was moved by Commissioner Nelson, seconded by Commissioner Sanger, to approve
vendor claims.
The motion passed 6-0.
6. Old Business--None
ED A M inutes -2- October 15, 2001
7. New Business
7a. 2000-2001 Referendum Levy Payments to ISD #283
Mr . T om H arm ening, D irector of Com m unity D evelopm ent, provided a brief explanation
regarding the 2000-2001 referendum levy paym ents requested by ISD #283. If the paym ent
is appro ved, it will be the last paym ent to the School D istrict in recognition of the additional
pro ceeds the C ity has received from a referendum levy they have enacted.
It was moved by Commissioner Jacobs, seconded by Commissioner Santa, to approve
payment of $598,112.33 to lSD #283 representing tax increment proceeds collected in 2000
and 2001 in the Excelsior Boulevard and Oak Park Village Tax Increment Financing
Districts attributable to the increase in the tax capacity rate as a result of the School
District's Referendum Levy.
The motion passed 6-0.
7b. Termination of Frauenshuh Redeveopment Contract
It was moved by Commissioner Nelson, seconded by Commissioner Santa, to terminate the
Contract for Private Redevelopment between the St. Louis Park EDA, the City of St. Louis
Park, and DRF L-7 LLC dated July 30, 1999.
The motion passed 7-0.
8. Communications and Bills--None
9. Adjournment
President Young adjourn ed the meeting at 7:29 p.m .
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