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Ed120902 CITY OF NEW HOPE 4401 XYLON AVENUE NORTH NEW HOPE, MINNESOTA 55428 Approved EDA Minutes December 9, 2002 Regular Meeting City Hall CALL TO ORDER President Enck called the meeting of the Economic Development Authority to order at 8:57 p.m. ROLL CALL Present: W. Peter Enck, President Sharon Cassen, Commissioner Don Collier, Commissioner Mary Gwin-Lenth, Commissioner Pat LaVine Norby, Commissioner APPROVE MINUTES Motion was made by Commissioner Gwin-Lenth, seconded by Commissioner to approve the Regular Meeting Minutes of November 12, 2002 Cassen, . Voting in favor: Enck, Cassen, Collier, Gwin-Lenth; Voting Against: None; Absent: None; Abstained: Norby. Motion carried. DISCUSSION/ President Enck introduced for discussion Item 4, Discussion Regarding Request by 4300 QUEBEC Collyard Group/Waldorf-Nevens, Inc. for City Assistance for Potential Item 4 Redevelopment at Ware Manufacturing Property, 4300 Quebec Avenue North. Mr. Gary Collyard, Collyard Group, LLC, was recognized. He reported of his client’s interest in establishing a laundry plant in New Hope. He stated Waldorf- Nevens, Inc. is recognized as one of Minnesota’s finest laundry and dry cleaning companies. He stated the business would accommodate the creation of 50 new jobs. Mr. Collyard requested financial assistance for improvements at the 4300 Quebec Avenue North property. Messrs. George Zahhos and John Zahhos were also recognized and shared their expansion plans. It was noted that the present facility in Edina will remain for their dry cleaning operations (retail such as business suits). The New Hope facility would accommodate laundry operations for commercial businesses such as hospitals and hotels. Mr. John Zahhos stated the cost for equipment alone is over $2 million. The equipment is state of the art and reaches 70 decibels at the loudest. Mr. George Zahhos noted this noise level is approximately 1/8 compared to the present equipment used by Ware Manufacturing. The need for financial assistance from the city would be to accommodate the necessary physical changes to the building such as installation of 8-10” water and sewer lines. Commissioner Gwin-Lenth questioned whether the business would occupy the entire building. She also asked if the business uses hazardous chemicals. Mr. John Zahhos stated the building is 94,000 square feet and they would not occupy the entire building immediately. He commented that many institutional and restaurant facilities are lacking inventory space so they may utilize part of the building in that capacity. Mr. Zahhos reported that laundry detergent will be used only. He confirmed that no hazardous chemicals are required for the laundry operations. George and John Zahhos invited the EDA to tour the facility in Edina. New Hope EDA December 9, 2002 Page 1 President Enck thanked the gentlemen for their presentation to the EDA. Staff was directed to continue discussions to explore the feasibility of financial assistance for renovating the building at 4300 Quebec Avenue North. IMP. PROJECT 707 President Enck introduced for discussion Item 5, Resolution Approving Initial Item 5 Agreement Between the Minneapolis Public Housing Authority and the New Hope Economic Development Authority for the PPL/Bass Lake Road Apartments Project at 7610 Bass Lake Road (Improvement Project No. 707). Mr. Ken Doresky, Community Development Specialist, stated Items 5 and 6 involve agreements relating to the 7610 Bass Lake Road property. The agreements are necessary to establish design specifications and funding arrangements. EDA RESOLUTION Commissioner Collier introduced the following resolution and moved its adoption 02-12 “RESOLUTION APPROVING INITIAL AGREEMENT BETWEEN THE Item 5 MINNEAPOLIS PUBLIC HOUSING AUTHORITY AND THE NEW HOPE ECONOMIC DEVELOPMENT AUTHORITY FOR THE PPL/BASS LAKE ROAD APARTMENTS PROJECT AT 7610 BASS LAKE ROAD (IMPROVEMENT PROJECT NO. 707)”. 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: Enck, Cassen, Collier, Gwin- Lenth, Norby, 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. IMP. PROJECT 707 President Enck introduced for discussion Item 6, Resolution Approving Cooperation Item 6 Agreement Between the Minneapolis Public Housing Authority, the New Hope Economic Development Authority and the City of New Hope for the PPL/Bass Lake Road Apartments Project at 7610 Bass Lake Road (Improvement Project No. 707). EDA RESOLUTION Commissioner Collier introduced the following resolution and moved its adoption 02-13 “RESOLUTION APPROVING COOPERATION AGREEMENT BETWEEN Item 6 THE MINNEAPOLIS PUBLIC HOUSING AUTHORITY, THE NEW HOPE ECONOMIC DEVELOPMENT AUTHORITY AND THE CITY OF NEW HOPE FOR THE PPL/BASS LAKE ROAD APARTMENTS PROJECT AT 7610 BASS LAKE ROAD (IMPROVEMENT PROJECT NO. 707)”. 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: Enck, Cassen, Collier, Gwin-Lenth, Norby, 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 to Motion was made by Commissioner Collier, seconded by Commissioner Norby, adjourn the meeting . All present voted in favor. Motion carried. The New Hope EDA adjourned at 9:23 p.m. Respectfully submitted, Valerie Leone City Clerk New Hope EDA December 9, 2002 Page 2