Ed090902
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
Approved EDA Minutes September 9, 2002
Regular Meeting City Hall
CALL TO ORDER
President Pro tem Gwin-Lenth called the meeting of the Economic Development
Authority to order at 7:26 p.m.
ROLL CALL
Present: Mary Gwin-Lenth, President Pro tem
Sharon Cassen, Commissioner
Don Collier, Commissioner
Pat LaVine Norby, Commissioner
Absent: W. Peter Enck, President
APPROVE MINUTES
to
Motion was made by Commissioner Collier, seconded by Commissioner Cassen,
approve the Regular Meeting Minutes of August 26, 2002
. Voting in favor:
Cassen, Collier, Gwin-Lenth; Voting Against: None; Absent: Enck; Abstained:
Norby. Motion carried.
MASTER President Pro tem Gwin-Lenth introduced for discussion Item 4, Resolution
MODIFICATION Restating the Redevelopment Plans for the Master Modification; Redesignating the
Item 4 Master Modification as Redevelopment Project No. 1; Modifying the Restated
Redevelopment Plan and Tax Increment Financing Plans for Redevelopment Project
No. 1 and Tax Increment Financing Districts Nos. 80-2, 81-1, 82-1, 85-1, 85-2, and
86-1; Creating Tax Increment Financing District No. 02-1 and Adopting a Tax
Increment Financing Plan Relating Thereto.
President Pro tem Gwin-Lenth pointed out that the fore-mentioned resolution is
similar to the one presented at the council meeting under 7.1, public hearing.
th
Commissioner Norby noted that the city-owned property at 9200 49 Avenue North
was difficult to develop. She applauded the businesses and staff for the joint project.
Commissioner Cassen also commented on the long time in which the city has
marketed the property. She stated the major obstacle was poor soils. Ms. Cassen
noted tax increment financing is an excellent financing vehicle for this
redevelopment.
EDA RESOLUTION Commissioner Collier introduced the following resolution and moved its adoption
02-05 “RESOLUTION RESTATING THE REDEVELOPMENT PLANS FOR THE
Item 4 MASTER MODIFICATION; REDESIGNATING THE MASTER
MODIFICATION AS REDEVELOPMENT PROJECT NO. 1; MODIFYING
THE RESTATED REDEVELOPMENT PLAN AND TAX INCREMENT
FINANCING PLANS FOR REDEVELOPMENT PROJECT NO. 1 AND TAX
INCREMENT FINANCING DISTRICTS NOS. 80-2, 81-1, 82-1, 85-1, 85-2,
AND 86-1; CREATING TAX INCREMENT FINANCING DISTRICT NO. 02-
1 AND ADOPTING A TAX INCREMENT FINANCING PLAN RELATING
THERETO”.
The motion for the adoption of the foregoing resolution was
seconded by Commissioner Cassen, and upon vote being taken thereon, the
following voted in favor thereof: Cassen, Collier, Gwin-Lenth, Norby, and the
following voted against the same: None; Abstained: None; Absent: Enck;
whereupon the resolution was declared duly passed and adopted, signed by the
president which was attested to by the executive director.
New Hope EDA
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whereupon the resolution was declared duly passed and adopted, signed by the
president which was attested to by the executive director.
NAVARRE President Pro tem Gwin-Lenth introduced for discussion Item 5, Resolution
CORPORATION Authorizing Execution and Delivery of a Contract for Private Redevelopment, by
Item 5 and between the New Hope Economic Development Authority and Navarre
Corporation.
Mr. Jim Casserly, Krass Monroe, was recognized. He stated the owners of Navarre
Corporation recently created a new entity name to hold this development. He stated
the resolutions contained in Items 5, 6, and 7 will be revised to reflect this change
using the name of New Hope LLC. He noted some issues are still being clarified
for the development, however, the EDA may adopt the items authorizing execution
of the documents. He noted if the issues are not resolved, the documents will not be
delivered.
Commissioner Collier disclosed that he belongs to a stock club at his place of
employment. The club has purchased Navarre stock; therefore, he will abstain from
vote of the remaining related items. He apologized for his delay in this recollection.
Commissioner Cassen advised that the abbreviation LLC stands for Limited
Liability Company. She requested that documents reflect the full name, New Hope
Limited Liability Company.
EDA RESOLUTION Commissioner Cassen introduced the following resolution and moved its adoption
02-06 “RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A
Item 5 CONTRACT FOR PRIVATE REDEVELOPMENT, BY AND BETWEEN
THE NEW HOPE ECONOMIC DEVELOPMENT AUTHORITY AND
NAVARRE CORPORATION”.
The motion for the adoption of the foregoing
resolution was seconded by Commissioner Norby, and upon vote being taken
thereon, the following voted in favor thereof: Cassen, Gwin-Lenth, Norby, and the
following voted against the same: None; Abstained: Collier; Absent: Enck;
whereupon the resolution was declared duly passed and adopted, signed by the
president which was attested to by the executive director.
LAND PURCHASE President Pro tem Gwin-Lenth introduced for discussion Item 6, Resolution
Item 6 Authorizing a Land Purchase from the City of New Hope and the Execution of a
Note Establishing Terms for Payment.
EDA RESOLUTION Commissioner Cassen introduced the following resolution and moved its adoption
02-07 “RESOLUTION AUTHORIZING A LAND PURCHASE FROM THE CITY
Item 6 OF NEW HOPE AND THE EXECUTION OF A NOTE ESTABLISHING
TERMS FOR PAYMENT”.
The motion for the adoption of the foregoing
resolution was seconded by Commissioner Norby, and upon vote being taken
thereon, the following voted in favor thereof: Cassen, Gwin-Lenth, Norby, and the
following voted against the same: None; Abstained: Collier; Absent: Enck;
whereupon the resolution was declared duly passed and adopted, signed by the
president which was attested to by the executive director.
LAND SALE President Pro tem Gwin-Lenth introduced for discussion Item 7, Resolution
Item 7 Authorizing a Sale and Conveyance of Land to Navarre Corporation, or its
Permitted Successors or Assigns, in Accordance with the New Hope Economic
Development Authority’s Terms and Conditions of Sale.
EDA RESOLUTION Commissioner Cassen introduced the following resolution and moved its adoption
02-08 “RESOLUTION AUTHORIZING A SALE AND CONVEYANCE OF LAND
Item 7 TO NAVARRE CORPORATION, OR ITS PERMITTED SUCCESSORS OR
ASSIGNS, IN ACCORDANCE WITH THE NEW HOPE ECONOMIC
DEVELOPMENT AUTHORITY’S TERMS AND CONDITIONS OF SALE”.
The motion for the adoption of the foregoing resolution was seconded by
New Hope EDA
Commissioner Norby, and upon vote being taken thereon, the following voted in
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favor thereof: Cassen, Gwin-Lenth, Norby, and the following voted against the
same: None; Abstained: Collier; Absent: Enck; whereupon the resolution was
declared duly passed and adopted, signed by the president which was attested to by
the executive director.
DEVELOPMENT AUTHORITY’S TERMS AND CONDITIONS OF SALE”.
The motion for the adoption of the foregoing resolution was seconded by
Commissioner Norby, and upon vote being taken thereon, the following voted in
favor thereof: Cassen, Gwin-Lenth, Norby, and the following voted against the
same: None; Abstained: Collier; Absent: Enck; whereupon the resolution was
declared duly passed and adopted, signed by the president which was attested to by
the executive director.
REMODELING President Pro tem Gwin-Lenth introduced for discussion Item 8, Resolution
PLANBOOK Approving Letter of Agreement Between the Brooklyn Park Economic
Item 8 Development Authority and the New Hope Economic Development Authority for
the Second Suburban Remodeling Planbook Project, Split-Levels and Split-Entrys
at a Cost of $5,000 (Improvement Project No. 623).
Mr. Ken Doresky, Community Development Specialist, explained that on April 8,
2002, the EDA allocated up to $6,250 for participation in the second suburban
remodeling planbook project. He stated there are 13 agencies participating in the
project and sharing the cost. He stated the planbook would be published prior the
next year's remodeling fair. Participants will also receive materials to display on
websites. Mr. Doresky stated the first planbook will also be published on-line.
Commissioner Cassen questioned why more cities participated in the last planbook
project. She also inquired why Shoreview is only contributing $3,000 rather than
$5,000.
Mr. Doresky noted that some cities do not have split-level style of housing stock
and have declined to participate. He stated he will inquire regarding the Shoreview
payment situation.
Commissioner Collier asked whether the City still has "Cape Code and Rambler"
planbooks available.
Mr. Doresky noted copies of the first planbook are available free of charge to New
Hope residents.
EDA RESOLUTION Commissioner Cassen introduced the following resolution and moved its adoption
02-09 “RESOLUTION APPROVING LETTER OF AGREEMENT BETWEEN
Item 8 THE BROOKLYN PARK ECONOMIC DEVELOPMENT AUTHORITY
AND THE NEW HOPE ECONOMIC DEVELOPMENT AUTHORITY FOR
THE SECOND SURBURBAN REMODELING PLANBOOK PROJECT,
SPLIT-LEVELS AND SPLIT-ENTRYS AT A COST OF $5,000
(IMPROVEMENT PROJECT NO. 623)”.
The motion for the adoption of the
foregoing resolution was seconded by Commissioner Collier, and upon vote being
taken thereon, the following voted in favor thereof: Cassen, Collier, Gwin-Lenth,
Norby, and the following voted against the same: None; Abstained: None; Absent:
Enck; whereupon the resolution was declared duly passed and adopted, signed by
the president which was attested to by the executive director.
ADJOURNMENT
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Motion was made by Commissioner Norby, seconded by Commissioner Cassen,
adjourn the meeting
. All present voted in favor. Motion carried. The New Hope
EDA adjourned at 7:40 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
New Hope EDA
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New Hope EDA
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