082304 EDA
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
EDA Minutes August 23, 2004
Regular Meeting City Hall
CALL TO ORDER
President Collier called the meeting of the Economic Development
Authority to order at 7:40 p.m.
ROLL CALL
Present: Don Collier, President
Doug Andersen, Commissioner
Sharon Cassen, Commissioner
Mary Gwin-Lenth, Commissioner
Absent: Steve Sommer, Commissioner
APPROVE MINUTES
Motion was made by Commissioner Cassen, seconded by Commissioner
Andersen to approve the Regular Meeting Minutes of August 9, 2004.
Voting in favor: Collier, Andersen, Cassen, Gwin-Lenth; Voting against:
None; Absent: Sommer; Abstained: None. Motion carried.
IMP. PROJECT 776
President Collier introduced for discussion Item 4, Resolution modifying the
Item 4
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, 86-1, 02-1, 03-1 (special law) and 04-1 (special law);
creating tax increment financing district no. 04-2 (special law) and adopting
a tax increment financing plan relating thereto (improvement project no.
776).
EDA RESOLUTION
Commissioner Gwin-Lenth introduced the following resolution and moved
04-29 its adoption “RESOLUTION MODIFYING THE RESTATED
Item 4 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,
86-1, 02-1, 03-1 (SPECIAL LAW) AND 04-1 (SPECIAL LAW); CREATING
TAX INCREMENT FINANCING DISTRICT NO. 04-2 (SPECIAL LAW)
AND ADOPTING A TAX INCREMENT FINANCING PLAN RELATING
THERETO (IMPROVEMENT PROJECT NO. 776).” 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: Collier, Cassen, Gwin-Lenth, and the following voted against the
same: Andersen; Abstained: None; Absent: Sommer; whereupon the
resolution was declared duly passed and adopted, signed by the president
EDA Meeting August 23, 2004
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which was attested to by the executive director.
IMP. PROJECT 776
President Collier introduced for discussion Item 5, Resolution calling for
Item 5
public hearing regarding a proposed transfer of real property (5501 Boone
Avenue North) (improvement project no. 776).
EDA RESOLUTION
Commissioner Gwin-Lenth introduced the following resolution and moved
04-30 its adoption “RESOLUTION CALLING FOR PUBLIC HEARING
Item 5 REGARDING A PROPOSED TRANSFER OF REAL PROPERTY (5501
BOONE AVENUE NORTH IMPROVEMENT PROJECT NO. 776).” 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: Collier, Andersen, Cassen, Gwin-Lenth, and the
following voted against the same: None; Abstained: None; Absent: Sommer;
whereupon the resolution was declared duly passed and adopted, signed by
the president which was attested to by the executive director.
IMP. PROJECT 775
President Collier introduced for discussion Item 6, Resolution approving
Item 6
purchase agreement – 5207 Pennsylvania Avenue North (improvement
project no. 775).
EDA RESOLUTION
Commissioner Cassen introduced the following resolution and moved its
04-31 adoption “RESOLUTION APPROVING PURCHASE AGREEMENT –
Item 6 5207 PENNSYLVANIA AVENUE NORTH (IMPROVEMENT PROJECT
NO. 775).” The motion for the adoption of the foregoing resolution was
seconded by Commissioner Gwin-Lenth, and upon vote being taken
thereon, the following voted in favor thereof: Collier, Andersen, Cassen,
Gwin-Lenth, and the following voted against the same: None; Abstained:
None; Absent: Sommer; 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 Gwin-Lenth, seconded by
Commissioner Cassen, to adjourn the meeting. All present voted in favor.
Motion carried. The New Hope EDA adjourned at 8:10 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
EDA Meeting August 23, 2004
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