10/13/03 - Laserfiche WebLink

Home

Motion by Member Kiefer to approve a $200,078 maximum levy with $63,583.02 designated for the Alloy Recovery project and up to $75,000 for the 167t" Node project, with balance identified at the next EDA meeting. Friendly amendment by Member Gromberg to approve the full levy with EDA authority to fix the budget. He noted the EDA did not want to back itself into a corner with a motion that designated certain amounts. Motion seconded by Member Steffen. Motion carried.: Voting Yes: Members Gromberg, Kiefer, Steffen, and Kurak. Voting No: Chairperson Riley. Absent: Member Strommen. Abstain: Member LeTourneau due to conflict of interest. Case #3: Staff Update The following items were reviewed with the EDA: Business Apprecilation Day: Economic Development/TIF Specialist Sullivan noted the Business Appreciation Day event had been "blessed" with good weather. He added it had been a group effort to put this. function together and without Associate Planner Wald's guidance the event would not have gone as smoothly. He indicated thanks to all who assisted and participated to make the event a success. Member Kiefer thanked Mr. Sullivan, Ms. Wald and others involved on behalf of the EDA. Community Dev~tlopment Block Grant (Chies/Morrell): Mr. Sullivan noted the City had purchased and cl6sed on the Morrell Trucking Property and had a signed purchase agreement with Lorraine Chii:s, with a closing at the end of the month. He indicated many hours of staff time were put into the negotiations and it had led to a mutually acceptable purchase agreement. He explained the CDBG Grant stated the lots needed to be cleared one year from purchase and the City looked forward to finding new businesses to help in the redevelopment effort in TIF No. 2. Precise Metalcraft: Mr. Sullivan noted the City had closed on the land and expected the project to break ground sometime in late September or early October. He added a 12,500 square-foot manufacturing facility would be completed by December 31, 2003. He gave a warm welcome to DeWayne Muschik from the City of Ramsey. Cabinetry Concept: Mr. Sullivan noted a cabinet shop out of Andover had submitted a site plan and lool~ed to bu{ld a 12,000 square-foot cabinet shop in Ramsey. He indicated staff was negotiating details of a development agreement with the owner. He added the business would be located on Lot 3, Block 1, Sunfish Lake Business Park 2nd Addition. He stated the Planning Commission had reviewed the site plan on September 4, 2003, and it should be ready for final approval by Council on September 23, 2003. i Economic Development Authority / September 8, 2003 Page 9 of 11 21