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HomeMy WebLinkAboutMarch 15, 1993MINUTES OF THE EDA March 15, 1993 Chairman Bob Barsness called the meeting to order. Members present were: Chairman Barsness, EDA members Arnold, Fitzgerald, Kedrowski, Scott and White, Attorney Kessel and Recording Secretary Birch. Motion by White, Seconded by Kedrowski to approve the minutes of the last meeting. Motion carried. a® First discussion occurred on the status of the Adelmann property acquisition. Attorney Kessel gave a brief history of the acquisition procedure. Kessel also discussed the hearing to be held on Wednesday, March 17 for the purpose of allowing the court to determine whether the option agreement between the conservators and the City is valid. Discussion occurred regarding parameters of negotiation with the conservators prior to the hearing. Motion by White, Seconded by Scott to send Bob Barsness and Fitzgerald to the hearing on behalf of the EDA with instructions to identify objections and concerns of the with the conservators if necessary. Motion carried. Motion by Fitzgerald, seconded by Kedrowski to appoint City Manager Frank Boyles as Vice Secretary/Treasurer. Motion carried. b® Consider State Economic Recovery Grand Request and KATUN proposal. Kay Kuhlmann briefly highlighted the purpose of this item and commented on the recent tour of a business interested in locating in Waterfront Passage Business Park. Chair Barsness then introduced Roger Guenette of Advance Resources, Inc. who discussed an outline of the potential topics that could be included in the proposal to presentation to KATUN Corporation. Guenette discussed the various components of the company and their expectations from the City. Extensive discussion occurred regarding the proposal and issues it should specifically address, ability of phone company to supply service, standards for the Park, repurchase agreement, fiscal disparities, good faith deposit, etc. 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 ! Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER Motion by Kedrowski, seconded by White, to recommend that the council take formal action on the proposal as presented by Advance Resources, Inc. Motion carried. There being no further business, the meeting adjourned at 8:35 p.m. Chair Recording Secretary EDA315