Loading...
HomeMy WebLinkAbout2000.10.10 MINUTES • CITY OF COTTAGE GROVE ECONOMIC DEVELOPMENT AUTHORITY MINUTES October 10, 2000 Pursuant to due call and notice thereof, a regular meeting of the Economic Development Authority was held at City Hall, 7516 80th Street South, Cottage Grove, Minnesota on the 10th day of October 2000. 1. CALL TO ORDER The meeting was called to order at 7:30 a.m. by Mayor Denzer. 2. ROLL CALL • Members Present: Jack Denzer, Shannon Green, Glen Kleven, Fred Luden, Gerald Weingartner, Jim Wolcott, Dick Pederson. Members Absent: None. Others Present: Ryan Schroeder, City Administrator Michelle Wolfe, Assistant City Administrator Dan King, Management Analyst 3. APPROVAL OF MINUTES Kleven moved to approve the September 12, 2000 Economic Development Authority Minutes. Wolcott seconded. Motion carried unanimously. 4A. PROJECT UPDATES Wolfe summarized the recent inquiries in the Industrial Park. Wolfe stated a letter of intent is expected from Tradehome Shoes. Members discussed the possibility of a redevelopment district in the Grove Plaza area, and if Tax Increment could be used. Denzer stated if TIF were used, it would be similar to an earlier redevelopment project involving Target. Schroeder stated any assistance would be contingent on the owners improving conditions in the area to address blight. Pederson inquired as to the ownership in the Grove Plaza area. Schroeder stated new development would be fee owner, with current owners retaining Rainbow site. Wolfe reviewed the preliminary • plans submitted by Home Depot for an anchor position in Grove Plaza, and discussed the secondary benefits to all retailers from a strong anchor in the mall. Wolfe also • Economic Development Authority - Minutes October 10, 2000 Page 2 summarized the new developments in the Country Inn and Suites project involving the land swap with the School District, and the CCE Ribbon Cutting ceremony October 19th. Wolfe also summarized developments with Advance Corporation and Red Lake Manufactured Homes. 4B. 5th STREET VENTURES Don Patton, D.R. Horton Builders, Ed Hasek, 5th Street Ventures, and Joel Buttenhoff, CB Richard Ellis presented a revised plan for a mixed-use project adjacent to Menards on East Point Douglas Road. The project would include 126 housing units and up to five commercial pads (10-12 acres). Mr. Horton stated the homes would be owner occupied, with association agreements; they would list at approximately $120-140,000. Project is similar to those in Burnsville and Woodbury. Hasek stated a portion of the lot would be sold to Menards for a small expansion of the lumberyard, and extensive landscaping will be required. Kleven inquired as to the types of commercial buildings that can be expected. Mr. Patton replied the first addition would be a 15,000 sf showroom, and similar buildings would follow. Schroeder inquired about easement agreements from the gas provider that would allow landscaping and a pathway. Mr. Hasek responded they were meeting with gas representatives, and the plan could • change if easements were not granted. Pederson asked about Park and Recreation space, and Hasek responded there is a total of 5 acres of open space. He also stated the Parks and Recreation Commission recommended cash in-lieu of park space. Denzer noted the City currently lacks high-end housing, and inquired to Schroeder where the commercial areas could be replaced. Kleven stated there is also a need for affordable housing, and this site may be appropriate for this, and not for "high-end" housing. Kleven stated that although he is reluctant to remove land from commercial zones, this project is "palpable". Kleven also expressed his concern with the plan for several smaller commercial buildings rather than one or two large commercial buildings. Joel Buttenhoff stated Planning staff had recommended requiring some commercial development before residential. Kleven motioned to support the project without requiring commercial development first. Weingartner seconded. Motion passed unanimously. 4C. CALENDAR Wolfe reviewed upcoming Economic Development related events, including the Chamber of Commerce Board meetings and Business luncheon. 4D. FLUME PHASE II Wolfe stated the City Council has accepted the feasibility report and adopted a resolution ordering the preparation of plans and specifications for 2001 Industrial Park improvements. • A Economic Development Authority - Minutes October 10, 2000 Page 3 4E. ANNUAL REPORT The 1999 EDA Annual Report was distributed. Wolfe stated the sleeve will remain the same, and additional inserts will be printed for successive years. 4F. MARKETING PLAN REVIEW Wolfe reviewed the City's 2000 marketing efforts, including print advertisement, direct mailings, new aerial photographs, the annual Golf Outing, attendance at the International Manufacturing Show and other outreach to local businesses. The most recent site selection survey was also discussed. 4G. REALTORS MEETING Wolfe stated the City will host an informational meeting on Wednesday October 11 at River Oaks Golf Course Clubhouse. Local realtors, developers and others were invited to review recent developments and related future plans for the city. • 5. MISCELLANEOUS Luden discussed the possibility of working with the Woodbury, Hastings, and Cottage Grove Area Chamber of Commerce for advertising, fund raising and promotions. He stated the benefits of promoting the qualities of all three individual areas. 5. ADJOURN Wolcott motioned to adjourn. Luden seconded. Motion carried unanimously. Respectfully submitted, D King anagement Analyst •