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2014 EDA Meeting MinutesMinutes of the Crystal Economic Development Authority Annual Meeting January 7, 2014 Commissioner Hoffmann called the annual organizational meeting of the Crystal Economic Development Authority to order at 6:55 p.m. Upon call of the roll, the following members were present: Jim Adams, Julie Deshler, John Budziszewski, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Commissioner Hoffmann placed into nomination a slate of EDA officers for 2014. Motion by Commissioner Budziszewski (Hoffmann) to approve the following slate of officers for 2014: President: Julie Deshler Vice President: Mark Hoffmann Secretary: Laura Libby Treasurer: Casey Peak Motion carried. The EDA considered the 2014 meeting calendar. Motion by Commissioner Selton (Adams) to approve the 2014 meeting calendar. Motion carried. Motion by Commissioner Peak (Selton) to approve the minutes of the December 3, 2013, Regular Meeting. Motion carried. The EDA considered tentative approval of a proposal and option agreement with Berger Built Construction for the lot at 5700 Regent Avenue North. Motion by Commissioner Budziszewski (Adams) to authorize an option agreement with Berger Built Construction for the lot at 5700 Regent Avenue North. Motion carried. Motion by Commissioner Budziszewski (Selton) to adjourn the annual meeting. Motion carried. The meeting adjourned at 7:00 p.m. ATTEST: ma A Mar hoffmann, Vi President 2- L Julie Deshler, President Minutes of the Crystal Economic Development Authority Special Meeting January 21, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 8:23 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Selton (Budziszewski) to approve the minutes from the January 7, 2014 annual organizational meeting and January 7, 2014 work session. Motion carried. The EDA considered tentative acceptance of a proposal from Novak -Fleck to purchase a lot at 4720 Douglas Drive North for construction of a new house. Motion by Commissioner Budziszewski (Sefton) to tentatively accept the proposal from Novak - Fleck for the EDA lot at 4720 Douglas Drive North. Motion carried. The EDA considered approval of an option agreement with Novak -Fleck for the lot at 5824 Regent Avenue North. Motion by Commissioner Budziszewski (Peak) to approve an option agreement with Novak - Fleck for the lot at 5824 Regent Avenue North. Motion carried. Motion by Commissioner Budziszewski (Adams) to adjourn the special meeting. Motion carried. The meeting adjourned at 8:30 p.m. 7ulie Deshler, President Minutes of the Crystal Economic Development Authority Regular Meeting February 3, 2014 President Deshler called the regular meeting of the Crystal Economic Development Authority to order at 6:30 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Rylee Retzer, City Attorney. Motion by Commissioner Budziszewski (Selton) to approve the minutes from the January 21, 2014 special meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 4720 Douglas Drive North to Novak -Fleck for construction of a new house. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Budziszewski (Hoffmann) to adopt Resolution #2014-01 authorizing the sale of a lot at 4720 Douglas Drive North to Novak -Fleck for construction of a new house. Motion carried. The EDA considered acceptance of the 2013 Annual Report and 2014 Work Program. Motion by Commissioner Budziszewski (Peak) to accept the 2013 Annual Report and 2014 Work Program as presented. Motion carried. Motion by President Deshler (Budziszewski) to adjourn the regular meeting. Motion carried. The meeting adjourned at 6:35 p.m. ATTEST: AMark4offm, ice President Ju ie Deshler, President J Minutes of the Crystal Economic Development Authority Special Meeting February 18, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 6:45 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Adams (Peak) to approve the minutes from the February 3, 2014 regular meeting. Motion carried. The EDA considered a resolution approving a subordination agreement between the Crystal Economic Development Authority and U.S. Bank National Association (for The Cavanagh Apartments). Motion by Commissioner Adams (Budziszewski) to adopt Resolution 2014-02 approving a subordination agreement between the Crystal Economic Development Authority and U.S. Bank National Association (for The Cavanagh Apartments). Motion carried. Motion by Commissioner Peak (Budziszewski) to adjourn the regular meeting. Motion carried. The meeting adjourned at 6:48 p.m. Julie Deshler, President ATTEST: Marof mann, ce President Minutes of the Crystal Economic Development Authority Regular Meeting March 4, 2014 President Deshler called the regular meeting of the Crystal Economic Development Authority to order at 6:49 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Troy Gilchrist, City Attorney. Motion by Commissioner Budziszewski (Adams) to approve the minutes from the February 18, 2014 special meeting. Motion carried. The EDA considered tentative acceptance of a proposal from Novak -Fleck to purchase a lot at 5335 Corvallis Avenue North for construction of a new house. Motion by Commissioner Budziszewski (Adams) to tentatively accept a proposal from Novak - Fleck to purchase a lot at 5335 Corvallis Avenue North for construction of a new house. Motion carried. Motion by President Deshler (Budziszewski) to adjourn the regular meeting. Motion carried. The meeting adjourned at 6:56 p.m. Julie Deshler, President ATTEST: Mark offmann, Vice P sident Minutes of the Crystal Economic Development Authority Special Meeting March 18, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 7:31 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; Troy Gilchrist, City Attorney; and Martha Ingram, EDA Attorney. Motion by Commissioner Budziszewski (Adams) to approve the minutes from the March 4, 2014 regular meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 5335 Corvallis Avenue North to Novak -Fleck for construction of a new house. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Adams (Libby) to adopt Resolution #2014-03 authorizing the sale of a lot at 5335 Corvallis Avenue North to Novak -Fleck for construction of a new house. Motion carried. The EDA considered a resolution'approving the third Amendment to the Contract for Private Redevelopment with Crystal Leased Housing Associates I, Limited Partnership [Dominium entity for The Cavanagh Senior Apartments]. Ron Mehl, Senior Developer with Dominium, reiterated their request for an extension to the project timeline and offered justification for a reduction in the earnest money deposit amount as proposed in the Third Amendment from 10% to 6%. Mr. Mehl stated that the current construction bids are still approximately $800,000 over budget, but he reiterated Dominium's overall commitment to the Cavanagh project. Motion by Commissioner Budziszewski (Adams) to approve Resolution #2014-04 approving the Third Amendment to the Contract for Private Redevelopment with Crystal Leased Housing Associates I, Limited Partnership, provided Section 3.2 (b) of the Amendment be amended to 1) reduce the earnest money amount from $109,431.00 (10% of purchase price) to $65,659 (6% of purchase price); and 2) to eliminate the May 1, 2014 termination date. Motion carried. Motion by Commissioner Budziszewski (Peak) to adjourn the special meeting. The meeting adjourned at 6:53 p.m. ATTEST: Mark ARTmann, Vi President Motion carried. Jflie Deshler, President Minutes of the Crystal Economic Development Authority Regular Meeting April 1, 2014 President Deshler called the regular meeting of the Crystal Economic Development Authority to order at 6:50 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Michael Norton, City Attorney. Motion by Commissioner Hoffinann (Adams) to approve the minutes from the March 18, 2014 special meeting. Motion carried. The EDA considered tentative acceptance of a proposal from Novak -Fleck to purchase a lot at 5332 50th Avenue North for construction of a new house. Motion by Commissioner Budziszewski (Hoffmann) to tentatively accept a proposal from Novak -Fleck to purchase a lot at 5332 50th Avenue North for construction of a new house. Motion carried. Motion by Commissioner Budziszewski (Libby) to adjourn the regular meeting. Motion carried. The meeting adjourned at 6:56 p.m. ' 1 1/ Julie Deshler, President ATTEST: Mark Hof mann, Vice Minutes of the Crystal Economic Development Authority Special Meeting April 17, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 6:45 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Adams (Hoffmann) to approve the minutes from the April 1, 2014 regular meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 5332 50th Avenue North to Novak -Fleck for construction of a new house. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Budziszewski (Peak) to adopt Resolution #2014-05 authorizing the sale of a lot at 5332 50th Avenue North to Novak -Fleck for construction of a new house. Motion carried. The EDA considered a resolution awarding the sale of, and providing the form, terms, covenants and directions for the issuance of the $1,011,175 taxable tax increment revenue note, Series 2014 of the Economic Development Authority of the City of Crystal for The Cavanagh Senior Apartments. Motion by Commissioner Adams (Budziszewski) to approve Resolution #2014-06 awarding the sale of, and providing the form, terms, covenants and directions for the issuance of the 1,011,175 taxable tax increment revenue note, Series 2014 of the Economic Development Authority of the City of Crystal for The Cavanagh Senior Apartments. Motion carried. Motion by Commissioner Peak (Budziszewski) to adjourn the special meeting. Motion carried. The meeting adjourned at 6:52 p.m. n Julie Deshler, President ATTEST: MA Hof mann, Vice President Minutes of the Crystal Economic Development Authority Special Meeting July 15, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 6:51 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Adams (Peak) to approve the minutes from the April 17, 2014 special meeting. Motion carried. The EDA considered a request from MT Builders to apply previous option payments to the purchase price for 4349 Xenia Avenue North. Motion by Commissioner Hof mann (Budziszewski) to apply previous option payments to the purchase price for 4349 Xenia Avenue North. Motion carried. Commissioner Budziszewski described traffic concerns expressed by residents adjacent to the backage road near Crystal Medical Center. Motion by Commissioner Budziszewski (Adams) to adjourn the special meeting. Motion carried. The meeting adjourned at 6:59 p.m. , J)alie Deshler, President ATTEST: Ma-&','I!Aha—nn, Vice President Minutes of the Crystal Economic Development Authority Special Meeting August 19, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 6:45 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Hoffmann (Budziszewski) to approve the minutes from the July 15, 2014 special meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 4349 Xenia Avenue North to MT Builders for construction of a new house. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Selton (Libby) to adopt Resolution #2014-07 authorizing the sale of a lot at 4349 Xenia Avenue North to MT Builders for construction of a new house. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 4326 Zane Avenue North to MT Builders for construction of a new house. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Selton (Budziszewski) to adopt Resolution #2014-08 authorizing the sale of a lot at 4326 Zane Avenue North to MT Builders for construction of a new house. Motion carried. Motion by Commissioner Budziszewski (Peak) to adjourn the special meeting. Motion carried. The meeting adjourned at 6:55 p.m. ATTEST: President Julie Deshler, President Minutes of the Crystal Economic Development Authority Regular Meeting September 2, 2014 President Deshler called the regular meeting of the Crystal Economic Development Authority to order at 6:50 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director and Troy Gilchrist, City Attorney. Motion by Commissioner Adams (Libby) to approve the minutes from the August 19, 2014 special meeting. Motion carried. The EDA considered a resolution adopting a proposed budget and tax levy for 2015. Motion by Commissioner Hoffmann (Selton) to adopt Resolution #2014-9 adopting a proposed 2015 budget and property tax levy and requesting their approval by the City Council. Motion carried. Motion by Commissioner Peak (Adams) to adjourn the regular meeting. Motion carried. n The meeting adjourned at 6:55 p.m. ( J Ae Deshler, President ATTEST: 4` Mark Hoffinanh, Vice P esident Minutes of the Crystal Economic Development Authority Special Meeting September 16, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 8:56 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Casey Peak and Joe Selton. The following staff members were present: Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; Kim Therres, Assistant City Manager/HR Manager; and Mike Norton, City Attorney. Motion by Commissioner Hoffmann (Selton) to approve the minutes from the September 2, 2014 regular meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 5824 Regent Avenue North to Novak -Fleck for new house construction. President Deshler opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Hoffmann (Selton) to adopt Resolution #2014-10 authorizing the sale of a lot at 5824 Regent Avenue North to Novak -Fleck for new house construction. Motion carried. The EDA considered a resolution authorizing the purchase of vacant Hennepin County property at 4724 Lakeland Avenue North. Motion by Commissioner Adams (Peak) to adopt Resolution #2014-11 authorizing the purchase of vacant Hennepin County property at 4724 Lakeland Avenue North for a not to exceed amount of $25,000. Motion carried. The EDA considered a resolution authorizing the purchase of vacant tax forfeited property at 5728 Oregon Court North. Motion by Commissioner Hoffmann (Budziszewski) to adopt the resolution authorizing the purchase of vacant tax forfeited property at 5728 Oregon Court North. Motion failed. Motion by Commissioner Selton (Peak) to amend the regular meeting agenda to consider a resolution authorizing the purchase of foreclosed property at 6526 45th Avenue North. Motion carried. Commissioner Hoffmann left the meeting at 9:30 p.m. The EDA considered a resolution authorizing the purchase of foreclosed property at 6526 45th Avenue North. Motion by Commissioner Peak (Adams) to adopt Resolution #2014-12 authorizing the purchase of foreclosed property at 6526 45th Avenue North for an amount not to exceed $50,000. Motion carried. Under other business, Mr. Sutter reported on the recent closings on the sale of EDA lots at 4349 Xenia Avenue North and 4326 Zane Avenue North for new house construction. Motion by Commissioner Adams (Selton) to adjourn the special meeting. Motion carried. The meeting adjourned at 9:40 p.m. ATTEST: Wut , IN.. 01- L-4Jueeshler, President e Minutes of the Crystal Economic Development Authority Special Meeting October 21, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 8:42 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; Patrick Peters, Deputy Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Hoffmann (Budziszewski) to approve the minutes from the October 7, 2014 regular meeting. Motion carried. Motion by Commissioner Budziszewski (Peak) at 8:44 p.m. that the EDA meet in closed session to determine an amount to offer for 3504 Florida Avenue North. Motion carried. The EDA reconvened in regular session at 9:16 p.m. President Deshler reported that the EDA will decline to consider a resolution authorizing the purchase of 3504 Florida Avenue North. Under other business, Mr. Sutter responded to questions from Commissioners regarding established procedures for following up on abandoned properties. Motion by Commissioner Hoffmann (Budziszewski) to adjourn the special meeting. Motion carried. The meeting adjourned at 9:24 p.m. lie Deshler, President ATTEST: Mark Hoffmann, Vice esident Minutes of the Crystal Economic Development Authority Special Meeting December 16, 2014 President Deshler called the special meeting of the Crystal Economic Development Authority to order at 8:24 p.m. Upon call of the roll, the following members were present: Jim Adams, John Budziszewski, Julie Deshler, Mark Hoffmann, Laura Libby, Casey Peak and Joe Selton. The following staff members were present: Anne Norris, Executive Director; John Sutter, City Planner/Assistant Community Development Director; and Mike Norton, City Attorney. Motion by Commissioner Selton (Hoffmann) to approve the minutes from the October 21, 2014 special meeting. Motion carried. The EDA considered tentative acceptance of a proposal from MT Builders to purchase a lot at 4331 Vera Cruz Avenue North for construction of a new house. Motion by Commissioner Peak (Budziszewski) to tentatively accept a proposal from MT Builders to purchase a lot at 4331 Vera Cruz Avenue North for construction of a new house. Motion carried. The EDA took no action regarding the use of lease -revenue financing for the Public Works facility because the matter was resolved at the Council meeting preceding the EDA meeting. Under other business, Mr. Sutter responded to questions from Commissioners regarding the status of a tax forfeited lot at 5728 Oregon Court North and a lender -owned auction property at 3504 Florida Avenue North. Motion by Commissioner Adams (Peak) to adjourn the special meeting. Motion carried. The meeting adjourned at 8:34 p.m. President ATTEST: 7J_a1 _ Vice Pr tent