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1989 03 16HOUSING AND REDEVELOPMENT AUTHORITY MINUTES MARCH 16, 1989 CALL TO ORDER: Comissioner Swenson called the meeting to order at 7:34 p.m. Members present: Commissioners Bohn and Robbins. Chairman Whitehill and Commissioner Horn were absent. Also pre- sent were Don Ashworth, Executive Director and Todd Gerhardt, Asst. Executive Director. APPROVAL OF MINUTES: Motion by Robbins, seconded by Bohn to approve February 16, 1989, with correction as addressed by Commissioner Swenson. All voted in favor and the motion carried. STATUS REPORT - BERNIE HANSON PURCHASE AGREEMENT: This item was tabled until the HRA April 20, 1989, meeting. VISITORS PRESENTATION: Brad Johnson from Lotus Realty addressed the HRA in regards to the Hanus Truck facility site and Apple Valley Red-E-Mix site. Mr. Johnson was looking for feedback as to HRA reaction towards relocating these businesses to Chanhassen Lakes Business Park. The HRA had concerns regarding the amount of assistance the project would need and if the road is to be under private ownership to service the site, it would then be the responsibility of the owner to maintain the roadway system. Commissioner Swenson requested staff to obtain a legal opinion regarding the Apple Valley Red-E-Mix conditional use permit term. NEW BUSINESS 1989 TAX MODIFICATION/IMPLICATIONS TO THE TAX INCREMENT DISTRICT: Ashworth gave an overview of the HRA's debt projections, beginning balance and outstanding debt. Two runs were given, one without any additional debt and another with a $10 million com- munity center to show the affects if additional debt is incurred. Ashworth then explained the process that the City of Chaska used to fund their community center project. The HRA requested staff to look at the option of the Pony/Pauly/ Pryzmus site as a possible location for a community center or library. No further action was taken on this item. SPECIAL ASSESSMENT REDUCTION AGREEMENT - WAYZATA GENERAL INVESTMENTr INC.: Gerhardt explained the attached request is from Wayzata General Investment, Inc. for special assessment assistance for development of a 6,900 square foot daycare facility. The outstanding special assessment against Lot 2, Block 1, Rome Park totals $14,374.89. Staff's recommendation to the HRA was to adopt Resolution No. 89-3 approving the assessment agreement and authorizing its exe- cution. NRA Minutes March 16, 1989 Page 2 Motion by Robbins, seconded by Bohn, to approve Resolution No. 89-3 and the execution of the Special Assessment Agreement for Wayzata General Investment, Inc. All voted in favor and the motion carried. APPROVAL OF BILLS: Motion by Robbins, seconded by Bohn to approve the bills as presented. All voted in favor and the motion carried. ADJOURNMENT: Bohn moved, seconded by Swenson to adjourn the meeting at 9:22 p.m. All voted in favor and the motion carried.