Ed032700
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
Approved EDA Minutes March 27, 2000
Regular Meeting City Hall
CALL TO ORDERPresident Enck called the meeting of the Economic Development Authority to
order at 8:21 p.m.
ROLL CALLPresent: W. Peter Enck, President
Sharon Cassen, Commissioner
Don Collier, Commissioner
Pat LaVine Norby, Commissioner
Mark Thompson, Commissioner
APPROVE MINUTES Motion was made by Commissioner Collier, seconded by Commissioner
to approve the Regular Meeting Minutes of February 28, 2000
Thompson,. All
present voted in favor. Motion carried.
IMP. PROJECT 677 President Enck introduced for discussion Item 4, Motion Authorizing Staff to
Item 4 Negotiate with Property Owner for Potential Acquisition of 8113 Bass Lake Road
by City (Improvement Project No. 677).
Mr. Kirk McDonald, Director of Community Development, stated the appraisal for
the fourplex property at 8113 Bass Lake Road is $171,000, and the owner’s asking
price is $185,000. He indicated staff is requesting authorization to meet with the
property owner and potentially negotiate the purchase of the property based on the
appraisal and other factors, such as the terms of the leases, which would have an
impact on relocation benefits.
MOTION to
Motion was made by Commissioner Norby, seconded by Commissioner Collier,
Item 4
authorize staff to negotiate with property owner for potential acquisition of
8113 Bass Lake Road by City (Improvement Project No. 677).
All present
voted in favor. Motion carried.
ADJOURNMENT to
Motion was made by Commissioner Collier, seconded by Commissioner Cassen,
adjourn the meeting
. All present voted in favor. Motion carried. The New Hope
EDA adjourned at 8:30 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
New Hope EDA March 27, 2000
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