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HomeMy WebLinkAboutJanuary 4, 1993 EDA MINUTES Monday, January 4, 1993 EDA President, Gene White, called the meeting to order. Members present were: Lee Andren, Chuck Arnold, Bob Barsness, John Fitzgerald, Tom Kedrowski, Carol Scott and Gene White. The first order of business was: Consider Election of 1993 Officers. President White opened the meeting for nominations for President. MOTION BY KEDROWSKI, SECOND BY SCOTT TO NOMINATE BOB BARSNESS AS PRESIDENT; MOTION PASSED UNANIMOUSLY. MOTION BY KEDROWSKI, SECOND BY SCOTT TO CLOSE THE NOMINATIONS FOR PRESIDENT, MOTION PASSED UNANIMOUSLY. MOTION BY FITZGERALD, SECOND BY ARNOLD TO NOMINATE CAROL SCOTT AS VICE PRESIDENT, MOTION PASSED UNANIMOUSLY. MOTION BY KEDROWSKI, SECOND BY ARNOLD TO CLOSE NOMINATIONS FOR VICE PRESIDENT. MOTION PASSED UNANIMOUSLY. MOTION BY ARNOLD, SECOND BY KEDROWSKI, TO APPOINT KAY KUHLMANN AS VICE SECRETARY/TREASURER UNTIL SUCH TIME THAT A CITY MANAGER IS HIRED, MOTION PASSED UNANIMOUSLY. MOTION BY SCOTT, SECOND BY KEDROWSKI TO NOMINATE CHUCK ARNOLD AS SECRETARY/TREASURER, MOTION CARRIED. MOTION BY KEDROWSKI SECOND BY ANDREN, TO CLOSE THE NOMINATIONS, MOTION PASSED UNANIMOUSLY. The next item of business was to discuss the cost structure for Waterfront Passage Business Office Park. Kay Kuhlmann briefly commented on the two handouts (Pricing Work Sheet and Revenue/Cost Comparison .S~mmary Report) and noted that the documents containing pricing structures represent a base guideline for staff to use during negotiations, but noted that all projects will be brought before the EDA for specific project approval. Roger Guenette reviewed the Summary Report with Council. Extensive discussion occurred regarding the pricing structure. Additional discussion occurred regarding a possible change in the law on TIF requirements. Staff was directed to research through the development attorneys whether the City may be able to stagger certification of individual parcels (if the ~earing is held in 1993) instead of certifying all of the parcels in 1997. 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER MOTION MADE BY KEDROWSKI, SECONDED BY SCOTT, TO ADOPT THE REPORTS AS SUBMITTED WITH THE FOLLOWING STIPULATIONS: (1) DIRECT THE EDC STAFF TO SUBMIT REPORTS SEMI-ANNUALLY (JUNE) TO THE EDA FOR REVIEW; (2) STAFF TO START THE TAX INCREMENT FINANCING PROCEDURE, COORDINATE WITH COUNTY AND SCHOOL DISTRICT AND OBTAIN A LETTER OF UNDERSTANDING FROM BOTH JURISDICTIONS AFTER EACH MEETING TO AVOID MISUNDERSTANDINGS; (3) STAFF TO RESEARCH WITH ATTORNEYS THE FEASIBILITY OF ADOPTING THE DISTRICT NOW AND CERTIFYING PARCEL BY PARCEL OVER TIME AS OPPOSED TO CERTIFYING THE PARCELS OVER A NUMBER OF YEARS. A short discussion occurred regarding the pricing procedure. Upon a vote taken, ayes by Andren, Arnold, Barsness, Fitzgerald, Kedrowski, Scott and White, the motion passed unanimously. MOTION MADE BY WHITE, SECONDED BY KEDROWSKI, TO ADJOURN THE EDA MEETING. Motion carried. The EDA meeting adjourned at 8:35 p.m. 1 ~nt- Rec~~r~ng S~