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HomeMy WebLinkAbout1999/05/03 - ADMIN - Minutes - Economic Development Authority - RegularA(/f;,CITYOF ST. LOUIS PARK OFFICIA L M IN UTES ECONOM IC DEVE LOPMENT AUTHORI TY ST. LOUIS PARK , M IN NESOTA M ay 3, 1999 1. Call to Order President Young called the meeting to order at 7:25 p.m. 2. Roll Call 7 ) The following Commissioners were present at roll call: Jeff Jacobs, Chris Nelson, Susan Sanger, Ron Latz (arrived at 7:28 p.m.), Jim Brimeyer and President Robert Young. Al so present were the Executive Director (Mr . Meyer); Director of Comm unity Development (Mr . Harmening); Director of Public Works (Mr . Rardin); Planni ng Associate (M s. Peterson); and Secretary (M s. Olson). 3. Approval of minutes of April 19, 1999 meeting With the following additions, the mi nutes were approved as presented. Item 7c, add "It was moved by Commi ssioner Nelson, seconded by Commi ssioner Brimeyer, to approve an amendment to the Lease dated February 2, 1999 between the St. Louis Park Economi c Development Authority and Stephen I. Gold individually and dba Classic Cafe and Bar. The motion passed 6-0." Item 7 c, add "Commissioner Nelson would like to see this come back to us at a market rate of rent". 4. Approval of agenda 4a. Approval of agenda of M ay 5, 1999 meeting It was moved by Commi ssioner Nelson, seconded by Commi ssioner Jacobs, to approve the agenda. The motion passed 6-0. 5. Reports Sa. Vendor Claim Report Commi ssioner Nelson understood that there were some federal guidelines that the City had to use related to the claim payment of $10,000 to Fantasy Gi fts and asked if Staff would explain that for the public. E D A Mi n u te s -2 - M a y 3, 19 9 9 M r . H a rm e n in g , D ire c to r o f C o m m u n ity D e v elo p m en t sta te d th a t F a n ta sy Gi ft s w a s lo c a te d in o ur P a rk C o m m o n s re d e v e lo p m e n t a rea a n d w a s lo c a te d in a bu ild in g th a t w e are activ ely n e g o tia tin g th e p u rc h a se o f B e c a u se o f th at, F a n ta sy G ift s an d o th e r ten a n ts in th at b u ild in g are e lig ib le fo r re lo c a tio n b e n e fi ts u n d e r th e u ni fo rm act u n d e r fe d era l an d sta te la w . Al th o u g h F a n ta s y G ift s re lo c a te d b e fo re w e a c tu a ll y co m p lete d th e acq u isitio n o f th e p ro p e rt y , b a se d o n w h e r e w e w e re a t in th e a c q u isitio n a n d th e v ario u s step s th at h a d b e e n ta k e n , th ey w ere an d are e lig ib le fo r re lo c a tio n b e n e fi ts . H e b e lie v ed th eir fu ll relo c atio n b e n efi t p a ck ag e co u ld b e a s m u c h a s $2 0 ,0 0 0 . It was moved by Commissioner Nelson, seconded by Commissioner Jacobs, to accept the report for filing. The motion passed 6-0. Sb. Financial Report It was moved by Commissioner Jacobs, seconded by Commissioner Sanger, to accept the report for filing. The motion passed 6-0. 6. Old Business - None 7. New Business - None 8. Communications and Bills - None 9. Adjournment It was moved by Commissioner Nelson, seconded by Commissioner Sanger, to adjourn the meeting at 7:30 p.m. The motion passed 6-0.