HomeMy WebLinkAbout2016-01-12 MINUTES
CITY OF COTTAGE GROVE
E
CONOMIC
D
EVELOPMENT
A
UTHORITY
MINUTES
December 8, 2015
Pursuant to due call and notice thereof, a regular meeting of the Economic Development Authority
was held at Cottage Grove City Hall, 12800 Ravine Parkway, Cottage Grove, Minnesota 55016
on the 18th day of December, 2015.
CALL TO ORDER
The meeting was called to order at 7:30 a.m. by EDA President Bailey.
ROLL CALL
Members Present:
Myron Bailey, EDA President
Jeff Carter, EDA Member
James Celkis, EDA Member
Trent Cole, EDA Member (Tardy)
Steve Dennis, EDA Vice President
Ramona Westerberg, EDA Treasurer
Members Excused:
Tony Jurgens, EDA Member
Staff Present:
Charlene Stevens, EDA Executive Director
Jennifer Levitt, Community Development Director/City Engineer
Robin Roland, Finance Director
Kori Land, City Attorney
Alicia McMonigal, Economic Development Assistant
Others Present:
Danielle Killey, South Washington County Bulletin
Dave Vander Sman, Gardenworld
Bruce Rydeen, Cerron Properties
APPROVAL OF MINUTES
3.1EDA Treasurer Westerberg motioned to approve the November 10, 2015 EDA
Meeting Minutes. EDA VP Dennis seconded (5-to-0 vote).
EDA Member Cole arrived.
BUSINESS ITEMS
4.1 Development Update / BR&E Update
Community Development Director/City Engineer Levitt discussed the development update items
that were presented in the packet.
Economic Development Authority - Minutes
December 8, 2015
Page 2
4.2 Loan Agreement Minnesota Investment Fund-American Logistics
Finance Director Roland reviewed the Minnesota Investment Fund regarding American Logistics
materials that were presented in the packet.
EDA Member Cole called for a motion to approve the Loan Agreement Minnesota
Investment Fund – American Logistics. EDA Member Celkis seconded.
Motion passed unanimously (6-to-0 vote).
4.3 Primrose Schools—Letter of Intent
Community Development Director/City Engineer Levitt reviewed the Primrose Schools – Letter of
Intent materials that were included in the EDA packet.
EDA Member Celkis asked the status of the RFI and if other sites were made available to Primrose
Schools. Community Development Director/City Engineer Levitt stated staff has been working
with Primrose for some time and have offered numerous site selections within the City but they
desire to be on the RFP hotel site. It is anticipated that the City receive one but staff is aware that
two entities are aggressively working to complete the proposal.
EDA Treasurer Westerberg asked if the site was the same that was requested a year and a half
ago. Community Development Director/City Engineer Levitt answered in the affirmative.
EDA Treasurer Westerberg motioned to reject the offer from Primrose Schools for the
purchase of the City owned land north of Ruby Tuesdays (Parcel 08.027.21.34.0019). EDA
EDA VP Dennis seconded.
Motion passed unanimously (6-to-0 vote).
4.4 Hy-Vee Business Subsidy Agreement
Community Development Director/City Engineer Levitt reviewed the Hy-Vee Business Subsidy
Agreement Materials that were included in the EDA packet.
EDA Member Carter recused himself officially from the vote because of his employment with
Merchant’s Bank and Merchant’s Bank involvement in the project.
EDA VP Dennis motioned to approve the Amended Developers Agreement with Hy-Vee,
Inc. with the business subsidy of $149,000 and additional language on financial
distribution of subsidy. EDA Member Cole seconded.
Motion passed unanimously (5-to-0 vote).
PUBLIC HEARING
Gardenworld-Land Sale and Business Subsidy and Creation of TIF District 1-16
Finance Director Roland Gardenworld- Land Sale and Business Subsidy and Creation of TIF
District 1-16.
5.1Gardenworld-Land Sale and Business Subsidy and Creation of TIF District 1-16
EDA President Bailey opened the Public Hearing.
Economic Development Authority - Minutes
December 8, 2015
Page 3
EDA President Bailey closed the Public Hearing. No one spoke in favor or against the
application. EDA President closed the Public Hearing.
EDA VP Dennis made a motion to adopt the resolution authorizing the sale of land and
approving the business subsidy agreement and contract for private development. EDA
Member Celkis seconded.
Motion passed unanimously (6-to-0 vote).
EDA Treasurer Westerberg made a motion to adopt the resolution modifying the
development District Number 1, establishing TIF District 1-16 and adopting the TIF plan for
the district. EDA Member Carter seconded.
Motion passed unanimously (6-to-0 vote).
OTHER BUSINESS
6.1 Calendar
EDA Members viewed the various upcoming events listed on the calendar.
6.2 EDA Comments
EDA VP Dennis asked for assistance in raising funds for the Friend in Need Food Shelf swipe out
hunger campaign.
EDA VP Dennis discussed the importance of shopping local as it leads to job creation, business
retention, tax generation, and convenience. He suggested the practice of the Rule of 10. The
Rule of 10 is to choose one out of ten times that you would typically leave Cottage Grove to shop
but will commit to stay in town to shop.
AJOURN
7.1 EDA VP Dennis made a motion to adjourn. EDA Treasurer Westerberg seconded.
The meeting adjourned at 8:00 a.m. (6-to-0 vote).
Respectfully Submitted,
Alicia McMonigal
Economic Development Assistant