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EDA 02-09-09 CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING FEBRUARY 9, 2009 Chairman Furlong called the meeting to order at 7:55 p.m. MEMBERS PRESENT: Tom Furlong, Bryan Litsey, Vicki Ernst, Bethany Tjornhom, and Jerry McDonald STAFF PRESENT: Todd Gerhardt, Roger Knutson, and Laurie Hokkanen APPROVAL OF MINUTES: Ernst moved, Litsey seconded to approve the minutes of the Economic Development Authority meeting dated June 9, 2008 as presented. All voted in favor and the motion carried unanimously with a vote of 5 to 0. APPROVE RELEASE FROM ASSESSMENT AGREEMENT, HENDRICKSON BROS. DRYWALL BUILDING, 7801 PARK DRIVE. Hokkanen: The Hendrickson Drywall building was part of TIF #1 which was decertified in 2004. The building changed ownership last week and one of the things that the title company asked for as a part of that closing was their release from the special assessment agreement, which is a routine request that you considered on a number of those over the past few years. We reviewed the file. Find the project to be compliant with the assessment agreement and would recommend that you release it. Furlong: Thank you. Any questions for staff? Any discussion? Litsey: Straight forward. Furlong: It is. If there’s no discussion or questions, would someone like to, one of the members propose a motion please. Tjornhom: I’ll make the motion. I make the motion the Chanhassen Economic Development Authority authorizes the Release of Land from Assessment Agreement Chanhassen HRA Special Assessment Reduction Agreement. Mayor Furlong: There were about 4 agreements in that. I’m sorry. Is there a second? Ernst: Second. McDonald: Second. Furlong: Thank you. Somebody better or we’ll have to re-read it. Any discussion on the motion? Economic Development Authority - February 9, 2009 Tjornhom moved, Ernst seconded that Chanhassen Economic Development Authority authorizes the Release of Land from Assessment Agreement Chanhassen HRA Special Assessment Reduction Agreement. All voted in favor and the motion carried unanimously with a vote of 5 to 0. Furlong: Is there anything else to come before the EDA this evening then? That completes our items on our agenda. Is there a motion to adjourn as the EDA? McDonald moved, Ernst seconded to adjourn the meeting. All voted in favor and the motion carried unanimously with a vote of 5 to 0. The EDA meeting was adjourned at 7:57 p.m. Submitted by Todd Gerhardt Executive Director Prepared by Nann Opheim 2