EDA 2006 04 10
CHANHASSEN ECONOMIC
DEVELOPMENT AUTHORITY
SPECIAL MEETING
APRIL 10, 2006
Chairman Furlong called the meeting to order at 6:50 p.m..
MEMBERS PRESENT:
Tom Furlong, Brian Lundquist and Steve Labatt
MEMBERS ABSENT:
Bethany Tjornhom and Craig Peterson
STAFF PRESENT:
Todd Gerhardt, Justin Miller and Kate Aanenson
REVIEW OF SAND COMPANIES HOUSING DISTRICT TIF PLANS/DEVELOPMENT
AGREEMENT.
Justin Miller presented the staff report on this item. Commissioner Lundquist asked for an
explanation of why the Sand Companies keep increasing their requests and if the City can be hurt
or affected if the project does not proceed. Commissioner Furlong asked Ehlers and Associates
for feedback on their dealings with the Sand Companies. Jessica Cook stated Sand Companies is
a very reputable firm with a 10 year long track record of doing similar projects with no negative
concerns. Commissioner Furlong asked for clarification if the project could proceed without TIF
assistance. Justin Miller stated that the EDA is approving the TIF plan and Development
Contract and the City Council will be approving just the TIF plan.
Resolution #2006-02: Furlong moved, Lundquist seconded that the Chanhassen Economic
Development Authority adopt the attached resolution approving the Tax Increment
Financing plan for TIF District #9 and the Contract for Private Development with
Chanhassen Gateway Place, LLC. All voted in favor and the motion carried unanimously
with a vote of 3 to 0.
APPROVAL OF MINUTES:Lundquist moved, Labatt seconded to approve the Minutes
of the Economic Development Authority meeting dated January 23, 2006 as presented. All
voted in favor and the motion carried unanimously with a vote of 3 to 0.
Lundquist moved, Labatt seconded to adjourn the meeting. All voted in favor and the
motion carried with a vote of 3 to 0. The EDA meeting was adjourned at 7:00 p.m..
Submitted by Todd Gerhardt
Executive Director
Prepared by Nann Opheim