032706 EDA
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
EDA Minutes March 27, 2006
Regular Meeting City Hall
CALL TO ORDER
President Opem called the meeting of the Economic Development Authority
to order at 8:55 p.m.
ROLL CALL
Present: Martin Opem Sr., President
Mary Gwin-Lenth, Commissioner
Andy Hoffe, Commissioner
Karen Nolte, Commissioner
Steve Sommer, Commissioner
Staff Present: Dan Donahue, City Manager
Carlos Espinosa, Community Development Intern
Shari French, Director of Parks & Recreation
Kim Green, Community Development Assistant
Curtis Jacobsen, Community Development Specialist
Guy Johnson, Director of Public Works
Clarrisa Klug, Assistant City Attorney
Valerie Leone, City Clerk
Kirk McDonald, Director of Community Development
Vince VanderTop, Assistant City Engineer
APPROVE MINUTES
Motion was made by Commissioner Hoffe, seconded by Commissioner Gwin-
Lenth to approve the Regular Meeting Minutes of January 9, 2006. All
present voted in favor. Motion carried.
IMP. PROJECT 795
President Opem introduced for discussion Item 4, Resolution authorizing the
Item 4
extension of the interim agreement with PariPassu/Trio Development for the
redevelopment of the Bass Lake Road Apartments site (8400 and 8420 Bass
Lake Road and 8401, 8411, and 8421 58 Avenue) (improvement project no.
th
795).
President Opem commented that adoption of the resolution will extend the
term of the interim agreement by one month (from March 28, 2006, to April
30, 2006). He noted the action is necessary to accommodate the special work
session scheduled on March 30 at which time the developer will present the
financial details of the project and discuss the preliminary term sheet with city
representatives.
EDA RESOLUTION
Commissioner Nolte introduced the following resolution and moved its
06-02 adoption: “RESOLUTION AUTHORIZING THE EXTENSION OF THE
Item 4 INTERIM AGREEMENT WITH PARIPASSU/TRIO DEVELOPMENT FOR
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THE REDEVELOPMENT OF THE BASS LAKE ROAD APARTMENTS
SITE (8400 AND 8420 BASS LAKE ROAD AND 8401, 8411, AND 8421 58
TH
AVENUE) (IMPROVEMENT PROJECT NO. 795).” The motion for the
adoption of the foregoing resolution was seconded by Commissioner Gwin-
Lenth, and upon vote being taken thereon, the following voted in favor
thereof: Opem, Gwin-Lenth, Hoffe, Nolte, Sommer; and the following voted
against the same: None; Abstained: None; Absent: None; whereupon the
resolution was declared duly passed and adopted, signed by the president
which was attested to by the executive director.
ADJOURNMENT
Motion was made by Commissioner Gwin-Lenth, seconded by Commissioner
Nolte, to adjourn the meeting. All present voted in favor. Motion carried.
The New Hope EDA adjourned at 8:57 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
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