Loading...
HomeMy WebLinkAboutMarch 28, 2000 PRIOR LAKE ECONOMIC DEVELOPMENT AUTHORITY MEETING Tuesday, March 28, 2000 5:30 p.m. Fire Station City Council Chambers Call to Order and Pledge of Allegiance. Those present were President Barsness, Commissioners Criego, Mader, Schenck and Walsh, Executive Director Boyles, Planning Director Rye, Consultant Guennette and Recording Secretary Meyer. President Barsness asked each of the new Commissioners (Bill Criego and Christine Walsh) to briefly introduce themselves. Commissioners Criego and Walsh each reviewed some of their past professional 'and personal backgrounds, and noted their pleasure in being selected to serve on the Economic Development Authority. Consider Approval of Minutes from the January 31, 2000 Regular Meeting. MOTION BY SCHENCK, SECOND BY MADER TO APPROVE JANUARY 31, 2000 REGULAR MEETING MINUTES. VOTE: Ayes by Barsness, Mader and Schenck, the motion carried. Commissioners Criego and Walsh abstained. CONSENT AGENDA: NONE. PRESENTATIONS: Report Providing the Background of the Economic Development Authority- Roger Guennette (Advance Resources for Decision Making) GUENNETTE: Gave a brief report and update on the participation of Advance Resources in the progress of economic development in Prior Lake, including the development of Waterfront Passage Business Park and the status of the parcel remaining, the revolving loan fund, the progress of the Wensman office complex development, the Priordale Mall redevelopment options, the Downtown Redevelopment Project progress, and the Messenbrink property expansion to the south of the business park. SCHENCK: Clarified that the reason the grocery store anchor for Priordale Mall did not proceed was because the Council did not feel the project qualified for TIF financing. MADER: Asked about the status of the soil mitigation. GUENNETTE: Clarified that the mitigation of the pond has been completed and paid for, but in the course of completing the mitigation of the pond, suspicions were confirmed that other soil damage exists on the remaining portions of the parcel. The estimate is for an additional $25,000 - $30,000 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER Economic Development Authority Meeting Minutes March 28, 2000 depending on the size of the building footprint. BARSNESS: Asked if there is a chance there will be no additional costs based upon the size of the buildings. (~UENNETTE: Advised there will probably be some, and an unusual user that required significant floor loads may increase the extent of the soil mitigation required. WALSH: Asked what was the initial vision for the business park from an economic development standpoint in its relationship to other businesses within the City, and has the City met that goal. GUENNETTE: Advised that the original vision for the park was to create facilities that would offer employment opportunities locally, and to accomplish tax base enhancement. Noted that even though the tax base enhancement has been delayed due to the use of tax increment financing, the City has certainly met its objectives and will realize an eventual increase in its tax base. There was not a lot of discussion about how the businesses would relate to other businesses. The presumption was that if people stayed in the community to work, it would follow as an economic multiplier. BARSNESS; Added that the intention was to be a catalyst for additional development on a private basis on the adjoining property. (~UENNETTE: Advised that there was a lot of difficulty marketing the property because the progression of inner suburbs had not moved this far yet, Also there was a determination that many business owners lived in Prior Lake, but did not operate their businesses here. With the business park, it has happened that many residents have relocated businesses here. WALSH: Asked if most buildings are multi-tenant buildings. (~UENNETTE: About half are multi-tenant and half are individual, but most had a local connection. Report on Development in Prior Lake - Don Rye, Director of Planning RYE: Provided the EDA with a background and history of residential development in the community over the last ten years, the current status, and possible developments of the future. Discussed the pattern of housing development in the community, the degree by which the development has occurred, the valuation of residential permits, and briefly reviewed the proposed projects for Deerfield, the Wensmann Fountain Hills office park, Shephard of the Lake Church, the Jeffers property and the Vierling parcel. CRIEGO: Asked about the progress at The Wilds. RYE: Noted that development has picked up considerably, and it has been indicated that they now have commitments on 30 lots. Further noted that for such developments, it's typically for them to attain a critical mass before the developments really take off. The price points on the lots were also lowered significantly which probably led to the increase in building. I:~ADVBODYS\EDA\MINUTES\00\032800.DOC 2 Economic Development Authority Meeting Minutes March 28, 2000 PUBLIC HEARINGS: NONE. OLD BUSINESS: NONE. NEW BUSINESS: Review and discuss 2000 Goals and Objectives. BARSNES$: Asked Commissioners to review and give some thought to each of the goals and objectives for discussion at the next regular meeting. Consider Modification of Regular Meeting Date. BOYLES: Reviewed a tentative completion timeline for the Downtown Redevelopment Plan, and asked for EDA input on the timeline and the scheduling of upcoming regular meetings. BARSNESS: Suggested that because the Downtown Redevelopment project will be the primary focus of the EDA, that the Commissioners time be scheduled for the workshops and that the regular meetings be consolidated or as needed. MADER: Suggested that President Barsness coordinate with staff to develop a final schedule. There was consensus among Commissioners that the EDA meetings should precede the second City Council meeting whether those meetings remain on Mondays, or get moved to Tuesdays. OTHER BUSINESS: Set EDA Workshop Orientation for Downtown Redevelopment Plan. [During the discussions, this item was combined with the above discussion.] Upon a motion and econd, the meeting adjourned at 6:45 p.m. · Recording SecTary I:gADVBODYS\EDA\MINUTES\00\032800.DOC 3