111912 EDA exec sessCITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
EDA Minutes November 19, 2012
Executive Session City Hall
CALL TO ORDER President Hemken called the closed meeting of the Economic Development
Authority to order at 8:46 p.m.
ROLL CALL Present: Kathi Hemken, President
John Elder, Commissioner
Andy Hoffe, Commissioner
Eric Lammle, Commissioner
Daniel Stauner, Commissioner
Staff Present: Kirk McDonald, City Manager
Curtis Jacobsen, Director of Community Development
Valerie Leone, City Clerk
Steve Sondrall, City Attorney
Also Present: Stacie Kvilvang, Ehlers and Associates
CLOSED MEETING President Hemken explained the purpose of the closed meeting is to consider
the asking price for real property to be sold by the EDA.
The EDA discussed the 1-1/2 to 2 acres of property in the southwest corner of
the K-Mart/Wells Fargo site located at 42 Avenue and Xylon Avenue North.
nd
A specific price was not established for the property. The EDA determined
they would consider “Best Offers” from “targeted” developers/businesses.
ADJOURNMENT The New Hope EDA adjourned at 9:15 p.m.
Respectfully submitted,
Valerie Leone, City Clerk
EDA Meeting
Page 1November 19, 2012