011204 EDA
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
EDA Minutes January 12, 2004
Regular Meeting City Hall
CALL TO ORDER
President Enck called the meeting of the Economic Development Authority to order
at 8:03 p.m.
ROLL CALL
Present: W. Peter Enck, President
Sharon Cassen, Commissioner
Don Collier, Commissioner
Mary Gwin-Lenth, Commissioner
Steve Sommer, Commissioner
APPROVE MINUTES
Motion was made by Commissioner Gwin-Lenth, seconded by Commissioner
to approve the Regular Meeting Minutes of December 8, 2003
Collier, . Voted in
favor: Enck, Collier, Gwin-Lenth, Sommer; Abstained: Cassen. Motion carried.
Motion was made by Commissioner Gwin-Lenth, seconded by Commissioner
to approve the Executive session minutes of December 8, 2003.
Collier, Voted in
favor: Enck, Gwin-Lenth, Sommer; Abstained: Cassen, Collier. Motion carried.
IMP. PROJECT 755 President Enck introduced for discussion Item 4, Resolution approving purchase
Item 4 agreement and relocation benefits – 5440 Winnetka Avenue North (improvement
project no. 755).
President Enck reported that the item will be deferred for two weeks at the request
of the property owner.
IMP. PROJECT 758 President Enck introduced for discussion Item 5, Resolution approving purchase
Item 5 agreement and relocation benefits – 7605 Bass Lake Road (improvement project no.
758).
Mr. Ken Doresky, Community Development Specialist, stated the property was
appraised for $158,000. The property owner has accepted the city’s offer of the
appraised value and a relocation payment estimated at $4,250. He stated the
relocation payment for this property will consist of moving expenses and closing
costs for their new property. He explained that no differential payment will be
awarded due to the fact that the owners purchased a property for less than the city’s
purchase price for the subject property.
The EDA questioned the “estimated relocation expenses” wording used within the
resolution rather than using language such as “not to exceed”.
City Attorney Sondrall indicated the estimated amount is based on the relocation
expert’s analysis. He noted his preference to the term “estimated” as listing a higher
“not to exceed” figure may cause the property owners to believe they are eligible for
a greater amount.
The EDA inquired regarding the mortgage interest rate differential in the closing
costs. Mr. Sondrall expressed uncertainty as the relocation consultant makes
recommendations in accordance with federal law.
New Hope EDA
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Mr. Kirk McDonald, Director of Community Development, indicated he will invite
Steven Carlson, relocation manager with Evergreen Land Services, to the next EDA
meeting to respond to questions. He noted the city will be acquiring more properties
and it would be informative to have Mr. Carlson present.
EDA RESOLUTION Commissioner Collier introduced the following resolution and moved its adoption
04-01 “RESOLUTION APPROVING PURCHASE AGREEMENT AND
Item 5 RELOCATION BENEFITS – 7605 BASS LAKE ROAD (IMPROVEMENT
PROJECT NO. 758).”
The motion for the adoption of the foregoing resolution
was seconded by Commissioner Sommer, and upon vote being taken thereon, the
following voted in favor thereof: Enck, Cassen, Collier, Gwin-Lenth, 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 Collier, seconded by Commissioner Sommer,
to adjourn the meeting
. All present voted in favor. Motion carried. The New Hope
EDA adjourned at 8:20 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
New Hope EDA
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