HomeMy WebLinkAbout1998/11/02 - ADMIN - Minutes - Economic Development Authority - RegularSCANNEr
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ST. LOUIS
PA R K OFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
November 2, 1998
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1. Call to Order
P resident Ja cobs called the m eeting to order at 7:0 0 p.m .
2. Roll Call
T he fo llow ing C o m m ission ers w ere present at ro ll call: Jeff Ja cobs, C hris N elson, Su e S ang er,
R obert Y ou ng, Jim B rim eyer, and M ayor G ail D orfm an.
Al so present w ere the E xecutiv e D irecto r (M r. M eyer); E D A A tt o rn ey (M r. B ubu l); E co nomi c
D ev elop m ent C o o rdinato r (M r. An derson); and P lanning M anager (M s. Jerem iah).
3. Approval of minutes of October 19, 1998 meeting
T he m inutes w ere appro v ed as presented .
4. Approval of agenda of November 2, 1998 meeting
It w as m ov ed by C o m m issio ner N elso n, seconded by C o m m issioner S anger, to appro v e the
a::nda. T he m otion passed 6-0 .
5. Reports - None
6. Old Business - None
7. New Business
7 a. Approval of Commercial Rehabilitation Loan to Dr. Angela Ross of Family
Orthodontics, P.A.
M r. An derso n, E cono m ic D ev elo pm ent C o o rdinato r stated that the project bu dg et w as $30 0 ,0 00 .
It w as m ov ed by C o m m issio ner D o rfm an, seco nded by C o m m issio ner Y ou ng , to app ro v e a
C o m m ercial R ehabilitatio n L o an in the am ou nt of $50 ,0 00 in part icipation w ith R esou rce T ru st
C o m pany and autho rizing the President and Executive Director to enter into a participation
agreem ent w ith R esou rce T ru st C o m pany fo r the fi nancing of the project. T he m otio n passed 6-
0.
7b. Preliminary Development Agreement -- Phase I Park Commons
C o m m issio ner R on L atz arriv ed at 7: 10 p.m .
M r. An derso n, E co no m ic D evelo pm ent C o o rdinator presented a staff repo rt and co m m ented on
the tim e fr am e of pro cess.
Commissioner Dorfman asked if there was some mechanism in the contract to continue working
although the deadline outlined in the time frame was approaching.
Mr. Anderson stated that the EDA would have the ability under the contract to amend the time
frame.
Ms. Sanger asked if any environmental issues had been identified on this phase of development.
Mr. Anderson stated that no environmental issues had been encountered to date.
Mr. Brimeyer believed that the time frame was aggressive enough, and thought it would be
helpful to complete a chart documenting all project deadlines. Mr. Brimeyer was concerned with
the statement that the developer may subcontract with the Bryd Group and thought it made it
sound exclusive and recommended making the statement read Bryd Group or other designee that
they would agree to work with.
Mr. Anderson indicated that Avalon has been having a more continuous relationship with Bryd
Group to this point, but this agreement would allow for Avalon to work with a host of
development firms.
Mr. Bubul stated that the intent was to say that the EDA was giving their consent in advance
specifically to the Bryd Group because that was the one that they mentioned, but the language
could be revised to clarify that Avalon could work with some other developer, but the EDA
would need approval.
Mr. Brimeyer believed it was important to develop a set of architectural design standards in the
future.
Commissioner Dorfman stated that staff was currently working on a set of design guidelines.
Ms. Jeremiah indicated that the design guidelines would be reviewed by Planning Commission in
December and then come to a City Council Study Session.
Mr. Nelson asked if the developer was comfortable with some type of architectural design
standards.
Greg Esterman of Avalon Bay stated that he was excited about pulling together many design
concepts and would be willing to work with staff to meet guideline requirements.
It was moved by Commissioner Nelson, seconded by Commissioner Young, to authorize the
President and Executive Director to enter into a preliminary development agreement with Avalon
Bay Communities Inc. relating to the master planning and development of the Redevelopment
Property within Phase I of Park Commons. The motion passed 7-0.
8. Com m unications and B ill s
Sa. V endor Claim s
It was moved by Commissioner Nelson, seconded by Commissioner Young, to approve and
authorize payment. The motion passed 7-0.
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It was moved by Commissioner Nelson, seconded by Commissioner Young, to approve and
authorize payment. The motion passed 7-0.
9. Adjournment
It was moved by President Nelson, seconded by Commissioner Sanger, to adjourn the meeting at
7:18 p.m. The motion passed 7-0.
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