1989 EDA addendum CITY OF NEW HOPE
4401 Xylon Avenue North
Hennepin County, Minnesota 55428
Approved EDA Minutes June 1, 1989
Special Meeting #1 (Closed) City Hall, 7:30 P.M.
CAT.T. TO CR[~ The New Hope Econamic Development Authority met in special
session pur~_ant to due call and notice thereof; President
Erickson called the meeting to order at 7:31 p.m.
NDLL C;~T.'I'. Present: Erickson, Enck, Daly, Williamson, Otten
Absent: None
AUTO MAT.T, The EDA met in closed session to discuss negotiations between
Auto Mail and the City on development of the Paro's site and
adjacent properties.
42ND AV~I~3E The EDA met in closed session regarding the settlements of
E~VELO~ condemnation action against several properties along 42nd
Avenue.
~l~IC~ Motion by C~m(,~ssioner Enck, seconded by Commissioner Otten, to
recu~L,,,~nd settlement with Oregon Estates in the amount of
$120,000. Voting in favor: Erickson, Enck, Williamson, Otten;
~3ainst: Daly.
~I~TTON Motion by Commissioner Enck, seconded by Cc~missioner Otten, to
settle with Quebec Plaza in the amount of $21,750. All present
voted in favor.
~ITC~ Motion by Commissioner Daly, seconded by Commissioner Enck, to
settle with Auto Haus in the amount of $10,850. All present
voted in favor.
~gTIC~ Motion by Commissioner Daly, seconded by Cu~,,~ssioner Otten, to
settle with Electronic Industries in the amount of $4,800. All
present voted in favor.
~S~ION Motion by C~m~Hssioner Enck, seconded by Commissioner Daly, to
rec~m¥~nd settlement with the Sunshine Factory not to exceed
$18,000. All present voted in favor.
~U~IC~ Motion by Commissioner Enck, seconded by Commissioner Daly, to
settle with Unical for $15,000. All present voted in favor.
~S~IC~ Motion by Commissioner Daly, seconded by Commissio~ Williamson,
settle with the Widell Apartments for $45,000. All present voted
in favor.
New Hope EDA June 1, 1989
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C~L,~ssioner Daly suggested that the ~ adopt a policy on
providing the information upon actual settlements of
condemnations and give that information to the Hennepin County
appraisers. C~mYdssioner Daly expressed concern that the City
was making settlements at values that were higher than what the
properties were appraised at. The City Manager stated he would
discuss this with Hennepin County appraisers.
The New Hope EDA adjourned at 8:30 p.m.
Dan Donahue
City Manager//~--q::ir~ City Clerk
New Hope EDA June 1, 1989
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