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Special Economic Development Authority Meeting Minutes
February 4, 2013
1. CALL TO ORDER
President Hedberg called the special meeting of the Economic Development Authority to order at 5:04 p.m.
Present were Hedberg, Morris and Chromy. Absent was Choudek. Also present was EDA Executive Director
Boyles, Treasurer Erickson, Community & Economic Development Director Rogness and Community Devel-
opment Specialist McCabe.
2. APPROVAL OF AGENDA
MOTION BY MORRIS, SECONDED BY CHROMY TO APPROVE THE AGENDA AS PRESENTED.
VOTE: Ayes by Hedberg, Morris, and Chromy. The motion carried.
3. APPROVAL OF MEETING MINUTES
No Meeting Minutes
4. CONSENT AGENDA
No Consent Items
5. REMOVED CONSENT AGENDA ITEMS
None
6. PUBLIC HEARING
No public hearing was scheduled.
7. OLD BUSINESS
No Old Business
8. NEW BUSINESS
A. Participation with the Metropolitan Council's SAC Deferral Program and Amendments to the City's
Payment of Permit Fees Ordinance.
Rogness: introduced the agenda item and provided information about a program offered by the Metropoli-
tan Council to allow cities to participate in the SAC (Sewer Availability Charge) Deferral Program. Rogness
stated staff is proposing that the city adopt the Met Council's new SAC Deferral Program and amend its
own sewer/water fee payment program to mirror the Met Council program.
EDA Members: discussed the pros and cons of the Met Council's SAC Deferral Program and the pro-
posed amendments to the city's ordinance related to sewer and water fees. EDA Members discussed
adopting a local (City) program similar to the Met Council where either (1) the city utility related fees would
be deferred over a five year period; or (2) the EDA would pay the costs up front and then be reimbursed
through payments from the property owner or tenant.
EDA Members: ultimately decided to recommend a program where the EDA pays the initial city related
utility fees and the property owner or tenant would reimburse the EDA over a five year term at the same in-
terest rate as the Met Council (2.37% in 2013). The property owner would be required to enter into an as-
sessment agreement which would take effect if regular payments were not received.
Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com
Chromy: commented that identifying a funding source for the City's utility deferral program should be a
priority for the EDA in the future.
EDA Members: identified a target for the deferred payment program as small businesses with a minimum
requirement of three (net) credits and a maximum of ten (gross) credits. Because a funding source has not
been identified, the EDA stated each application should be approved at the full discretion of the EDA.
Hedberg: stated the City already has a program in place to assist with permit fees that businesses requir-
ing greater than ten SAC units can utilize. The program is outlined in Prior Lake City Code, Sections
704.500 and 705.600.
EDA Members: supported the concept and endorsed the city's participation with the Metropolitan Coun-
cil's SAC Deferral Program and amendments to the City's payment of permit fees ordinance. The EDA
forwarded their recommendations to the City Council for consideration during their February 11, 2013 meet-
ing.
MOTION BY MORRIS, SECONDED BY CHROMY TO ENDORSE THE PARTICIPATION WITH THE
METROPOLITAN COUNCIL'S SAC DEFERRAL PROGRAM AND AMENDMENTS TO THE CITY'S PAY-
MENT OF PERMIT FEES ORDINANCE.
VOTE: Ayes by Hedberg, Morris, and Chromy. The motion carried.
9. OTHER BUSINESS
No Other Business
10. ADJOURNMENT
MOTION BY CHROMY, SECONDED BY MORRIS TO ADJOURN THE MEETING. With all in favor, the meet-
ing adjourned at 6:00 p.m.
Frank Boyles, Executive Director
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