Economic Development Authority

ANDOVER ECONOMIC DEVELOPMENT AUTHORITY MEETING– AUGUST 2, 2017 - MINUTES The Meeting of the Andover Economic Development Authority was called to order by President Julie Trude, August 2, 2017, 6:00 p.m., at the Andover City Hall, 1685 Crosstown Boulevard NW, Andover, Minnesota. Present: Commissioners Sheri Bukkila, James Goodrich, Mike Knight and Joyce Twistol Absent: Commissioners Valerie Holthus and Timothy Cleven Also present: Executive Director, Jim Dickinson Community Development Director, Joe Janish APPROVAL OF MINUTES July 5, 2017, Regular Meeting: Correct as written. Motion by Knight, Seconded by Twistol, to approve the minutes as written. Motion carried unanimously. July 5, 2017, Closed Meeting: Correct as written. Motion by Knight, Seconded by Twistol, to approve the minutes as written. Motion carried unanimously. REVIEW COMMERCIAL PROJECT ACTIVITY Mr. Janish reviewed the following: The Shops @ Andover, 13650 Hanson Boulevard- Natural Nails, Dunkin Donuts and Joy Kitchen are open. Twin Cities Dental is working on interior finishes. The last space in this building has been leased but the tenant name is unknown at this time. Estates at Arbor Oaks/Trident Development, 1753 156th Lane – The facility was turned over to ownership August 2nd. Some units have been rented. The facility owners are currently advertising. Daycare Interest – Mother Goose has indicated they will not advance their project at the Andover Economic Development Authority Meeting Minutes – August 2, 2017 Page 2 Clocktower Commons site. A different daycare facility has expressed interest in locating in Andover at a different location. Restaurants/Fast Food – Currently staff is aware of two companies continuing to look for land to locate in Andover. Med Express – Is open as part of Walgreens in Andover Station. Upper Midwest Athletic Construction – A CUP was granted. Staff is waiting for the Commercial Site Plan to be submitted. Andover Cinema, 1836 Bunker Lake Boulevard – Seating has been upgraded and the owner has applied for a CUP to sell alcohol, the CUP will be before the Planning and Zoning Commission on August 22nd. Pack Leader Behavior & Training – Has applied for a CUP for a Commercial Animal Training facility at 15825 7th Avenue. The company would like to relocate from their current Andover location at Round Lake Boulevard and 161st Avenue. A 3,500 square foot building would be used for the indoor training facility. Overall Marketing – Staff continues to work with parties interested in investing in Andover. DISCUSS ARBOR OAKS SENIOR LIVING LLC REQUEST Mr. Dickinson indicated Arbor Oaks Senior Living LLC is undertaking a HUD refinancing and as part of that refinancing is seeking various TIF contract amendments and consents from the City of Andover. Mr. Dickinson explained the reason this item is before the EDA is that the facility is in a TIF District. Mr. Dickinson reviewed the documents. Mr. Dickinson stated Bond Counsel Briggs and Morgan have reviewed the documents and will participate in the closing. Motion by Goodrich, Seconded by Bukkila recommending approval of the attached documents to the City Council. Motion carried unanimously. DISCUSS PRESBYTERIAN HOMES REQUEST Mr. Dickinson stated Presbyterian Homes is requesting the City’s consideration of a Low- Income Rental Classification (LIRC) for their Farmstead Facility. Mr. Dickinson reviewed the request with the EDA. Commissioner Bukkila asked if all costs are covered by Presbyterian Homes. Mr. Dickinson answered that is correct. Andover Economic Development Authority Meeting Minutes – August 2, 2017 Page 3 The EDA has no concerns and directed staff to move forward with the request. REDEVELOPMENT UPDATES/PROPERTY NEGOTIATION UPDATES Mr. Dickinson explained staff provided an offer to the property owner of 2542 138th Avenue. At this time the property owner is going to wait on selling the property. Mr. Dickinson indicated staff will continue to monitor the area. OTHER BUSINESS President Trude stated Minnesota Monthly magazine is running a “best MN town” contest. A form would be submitted by the city, five cities are chosen and those cities than solicit online votes. ADJOURNMENT Motion by Bukkila, Seconded by Goodrich, to adjourn. Motion carried unanimously. The meeting adjourned at 6:50 p.m. Respectfully submitted, Michelle Hartner, Recording Secretary