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HomeMy WebLinkAbout2016/06/20 - ADMIN - Minutes - Economic Development Authority - RegularAll St. Louis Park OFFICIAL MINUTES M I N N E S O T A ECONOMIC DEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA .TUNE 20, 2016 1. Call to Order President Mavity called the meeting to order at 7:28 p.m. Commissioners present: President Anne Mavity, Tim Brausen, Steve Hallfin, Gregg Lindberg, Thom Miller, Susan Sanger, and Jake Spano. Commissioners absent: None. Staff present: Executive Director (Mr. Harmening), Economic Development Coordinator (Mr. Hunt), Community Development Director (Mr. Locke), City Planner (Ms. Monson), Communications Specialist (Ms. Pribbenow), and Recording Secretary (Ms. Wirth). 2. Roll Call 3. Approval of Minutes — None 4. Approval of Agenda It was moved by Commissioner- Spano, seconded by Commissioner Lindberg, to approve the EDA agenda as presented. The motion passed 7-0. 5. Reports — None 6. Old Business — None 7. New Business 7a. Second Amendment to the Preliminary Development Agreement with PLACE — Resolution No. 16-16 Mr. Hunt presented the staff report and request from PLACE, a nonprofit organization, to amend its preliminary development agreement to include five parcels - three owned by the city and two owned by the Hennepin County Regional Rail Authority - immediately south of the proposed Wooddale LRT station. It was noted that under the second amendment, PLACE is obligated to reimburse the EDA for all costs it incurs in connection with review and analysis of the proposed development prior to the extended termination date. President Mavity asked whether in amending this preliminary development agreement, the city is being asked to approve the plans or vision of what will occur. Mr. Hunt explained the amendment only includes adding these properties as part of the overall development program, and the development will come before the EDA and council for subsequent approvals. In other words, the city is agreeing to discuss and negotiate on these properties, and formal approvals will be subsequent. Economic Development Authority -2- June 20, 2016 President Mavity asked whether this type of approval has been considered in the past with other projects. Mr. Hunt stated it is not unusual for development agreements to be amended to add or subtract parcels from prospective developments. Mr. Locke explained that development agreements are frequently amended, but the city does not have preliminary development agreements with all projects. Commissioner Sanger stated she will vote against the amendment as she does not like the proposal for this project, which she will explain further during tonight's council meeting. It was moved by Commissioner Brausen, seconded by Commissioner Halom, to waive the reading and adopt EDA Resolution No. I6 -I6, Approving the Second Amendment to the Preliminary Development Agreement with PLACE. The motion passed 5-2 (Commissioners Sanger and Milder opposed). 8. Communications — None 9. Adjournment The meeting adjourned at 7:33 p.m. AA- Meliss Kennedy, Secretary Anne Mavity, President