EDA

Blaine City Hall City of Blaine 10801 Town Square Dr Blaine, MN 55449 Anoka County, Minnesota Minutes - Final EDA The purpose of the Blaine Economic Development Authority is to increase the City’s commercial/industrial tax base, provide employment opportunities, undertake redevelopment to enhance and maintain neighborhood economic stability, and address special needs, such as senior housing. As authorized under Minnesota State statutes, the Blaine City Council also serves as the Blaine Economic Development Authority. Thursday, January 7, 2016 7:15 PM Council Chambers 1 Call to Order The meeting was called to order at 7:15 p.m. by President Ryan followed by the Roll Call. 2 Roll Call Quorum present. ALSO PRESENT: City Manager Clark Arneson; Planning and Community Development Director Bryan Schafer; Public Services Manager Bob Therres; Finance Director Joe Huss; Police Chief/Safety Services Manager Chris Olson; Economic Development Coordinator Erik Thorvig; Communications Technician Roark Haver; Senior Engineering Technician Al Thorp; and City Clerk Catherine Sorensen and Recording Secretary Linda Dahlquist. Present: 6 - Comissioner Bourke, Comissioner Clark, Comissioner Hovland, President Ryan, Comissioner Swanson, and Comissioner King Absent: 1 - Comissioner Herbst 3 Minutes 3-1 MIN 16-01 APPROVAL OF DECEMBER 17, 2015 EDA MINUTES Moved by Commissioner Swanson, seconded by Commissioner Bourke that the Meeting Minutes of December 17, 2015, be approved. Motion adopted 5-0-1. (Commissioner Hovland abstained from the EDA Meeting Minutes of December 17, 2015 due to his absence.) Aye: 5 - Comissioner Bourke, Comissioner Clark, President Ryan, Comissioner Swanson, and Comissioner King Abstain: 1 - Comissioner Hovland 4 New Business City of Blaine Page 1 EDA Minutes - Final January 7, 2016 4-1 EDA RES 16-01 PUBLIC HEARING AND CONSIDERATION OF TRANSFER OF EDA PROPERTY AT 125TH AVENUE AND CENTRAL AVENUE TO THE CITY OF BLAINE Economic Development Coordinator Thorvig stated the EDA owns two outlots at the northwest quadrant of 125th Avenue and Highway 65 for future right-of-way needs. He noted MnDOT acquired portions of the outlots in 2007 for the interchange and the remaining portion of the outlots are used for stormwater ponding. He stated the EDA has owned the outlots for over nine years and due to Minnesota Statute are now subject to property tax. He stated by transferring the property to the City, the property will not be subject to property tax because it will not be considered to be held for resale. President Ryan opened the public hearing at 7:18 p.m. President Ryan noted this property is in front of the Perkins restaurant and residents may think it is owned by Perkins. He noted Perkins had installed an aerator in the storm water pond. President Ryan closed the public hearing at 7:19 p.m. Commissioner Clark asked about the aerator in the pond and if it is allowed. City Manager Arneson replied a workshop will be scheduled soon to discuss aerators. Moved by President Ryan, seconded by Commissioner Clark, that “Resolution 16-01, “Public Hearing and Consideration of Transfer of EDA Property at 125th Avenue and Central Avenue to the City of Blaine,” be approved. Motion adopted unanimously. Aye: 6 - Comissioner Bourke, Comissioner Clark, Comissioner Hovland, President Ryan, Comissioner Swanson, and Comissioner King 4-2 EDA RES 16-02 PUBLIC HEARING AND CONSIDERATION OF THE SALE OF EDA PROPERTY AT 2191 106TH LANE TO POLY PROPERTIES, LLC Economic Development Coordinator Thorvig stated the City has been approached by ASAP Packaging, the adjacent business and property owner at 2171 106th Lane, about purchasing the property at 2191 106th Lane to expand their business. He stated staff arrived at a proposed price of $100,000. He noted the building’s roof needs to be replaced and a number of improvements are needed inside the building. He gave an overview of three options for the Council to consider which are sell to ASAP; sell as-is to someone who will demo and rebuild; or demolish and sell. President Ryan opened the public hearing at 7:27 p.m. President Ryan asked how long the property has been empty. Economic City of Blaine Page 2 EDA Minutes - Final January 7, 2016 Development Coordinator Thorvig replied the property has been vacant since 2008. President Ryan closed the public hearing at 7:28 p.m. Moved by Commissioner Hovland, seconded by Commissioner Clark, that Resolution 16-02, “Public Hearing and Consideration of the Sale of EDA Property at 2191 106th Lane to Poly Properties, LLC,” be approved. Motion adopted unanimously. Aye: 6 - Comissioner Bourke, Comissioner Clark, Comissioner Hovland, President Ryan, Comissioner Swanson, and Comissioner King Commissioner Bourke asked if the City had an appraisal done on the property. Economic Development Coordinator Thorvig replied yes, but the building was in better shape at that time. Commissioner Bourke asked with building improvements would the tax base increase. Economic Development Coordinator Thorvig replied the taxes would increase more than the current base. 5 Other Business Economic Development Coordinator Thorvig stated the CSM property on Pheasant Ridge Drive has received in inquiry from an interested buyer, Streamworks, to construct an 88,000 square foot building for office and production space for 100 employees. He stated the firm is looking for $400,000 pooled TIF funds to use towards the project and noted Streamworks is also considering a location in New Brighton. He stated CSM would act as the developer and sell the land to Streamworks who would own the property and do a design/ build project. Commissioner Swanson asked if the EDA has $400,000 in pool TIF funds. Economic Development Coordinator Thorvig replied the fund has over $10,500,000. Council consensus was to direct staff to bring forward an item for formal consideration to approve $400,000 of pooled TIF funds to be used for the Streamworks project. Discussed. 6 Adjournment Moved by Commissioner Swanson, seconded by Commissioner Bourke, to adjourn the meeting at 7:34 p.m. Motion adopted unanimously. Aye: 6 - Comissioner Bourke, Comissioner Clark, Comissioner Hovland, President Ryan, Comissioner Swanson, and Comissioner King City of Blaine Page 3