110893 EDA Official File Copy
CITY OF NEW HOPE
EDA AGENDA
I I I I
EDA Regular Meeting #1S November 8, 1993
President Edward J. Erickson
Commissioner W. Peter Enck
Commissioner Gerald Otten
Commissioner Terri Wehling
Commissioner Marky Williamson
1. Call to Order
2. Roll Call
3. Approval of Minutes of October 25, 1993
4. Presentation by Community Resource Partnerships, Inc. Regarding Summary
Report on New Hope Community Business Survey
5. Adjournment
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
HENNEPIN COUNTY, MINNESOTA 55428
Approved EDA Minutes October 25, 1993
Meeting #14
CALL TO ORDER President Erickson called the meeting of the Economic Development
Authority to order at 7:28 p.m.
ROLL CALL Present: Erickson, Enck, Williamson, Wehling, Otten
APPROVE MINUTES Motion was made by Commissioner Otten, seconded by Commissioner
Wehling, to approve the EDA regular and executive session minutes of
October 11, 1993. Voting in favor: Erickson, Williamson, Wehling, Otten;
Abstained: Enck. Motion carried.
BROADWAY VILLAGE President Erickson introduced for discussion Item 4, Consideration of
IMPROVEMENTS Proposal by Lang Nelson for Community Center Project at Broadway
Item 4 Village Apartments and Purchase of Former Gas Station Site at 62nd/West
'Broadway.
Mr. Donahue stated Paul Brewer of LaNel Financial Group will make a
formal presentation requesting the City's participation in the Community
Center remodeling at the Broadway Village Apartments. It is also the
request by the City for LaNel to proceed with acquisition of the gas station,
property at the corner of 62nd and West Broadway. He noted the tax
increment plan and the development district were recently expanded to
include the Broadway Village Apartments. The City could loan money
through excess tax increment collected on the Anthony James Apartments
with a payback beginning in the year 2003.
Mr. Paul Brewer described the community center and street lighting
projects proposed for Broadway Village Apartments at 6046 West
Broadway. The community center building would be attached to the
existing indoor swimming pool building and would be approximately 2200
square feet in size. The older building will be remodeled to include not
only the swimming pool, but also an exercise area with locker rooms,
lavatories, showers and saunas as well as a guest room for use by guests
of the residents. The new structure will be attached to the south side of
the building and will contain a reception area, community office suite for
management staff, billiards room, lavatories, party room with kitchen and
living room area with a fire place. The new community center will be open
to the residents and used as a meeting and social center for this adult
community. The project will also involve the replacement and installation
of a comprehensive street lighting system that will not only upgrade and
improve the appearance of the community, but also provide better street
lighting and security for the entire site.
Mr. Brewer stated the total cost of the project is estimated at $285,000
(community center $200,000 and street lighting $85,000). The funding
request is for a $142,500 loan from the City.
New Hope EDA October 25, 1993
Page 1
President Erickson inquired whether the Community Center would be
available to persons who do not reside at the apartment complex.
Mr. Brewer expressed his willingness to coordinate facility usage by the
New Hope Senior Club.
President Erickson asked if LaNel intends to purchase the former gas
station property at 62nd Avenue and West Broadway.
Mr. Brewer confirmed that it is part of the project and they plan to
demolish the building and landscape the corner. He noted Super America
is currently in the process of removing contaminated soils on the site.
Commissioner Enck questioned the estimated cost and asked if any quotes
have been obtained. He also asked if the prices include the cost of
furniture.
Mr. Brewer indicated no firm quotes have been obtained but they do not
expect the project cost and furniture to exceed $285,000.
The EDA discussed the purchase of the gas station property. Mr. Donahue
indicated no plan is in place but LaNel may purchase the land from Super
America or the EDA may purchase the property and resell it to LaNel.
MOTION Motion was made by Commissioner Enck, seconded by Commissioner
Wehling, authorizing the City Manager to enter negotiations with Broadway
LaNel for financing the improvements at the Broadway Village Apartment~
and purchasing the property at 62nd/West Broadway. All present voted
in favor. Motion carried.
ADJOURNMENT Motion was made by Commissioner Enck, seconded by Commissioner
Wehling to adjourn the meeting. All present voted in favor. The New
Hope EDA adjourned at 7:43 p.m.
Respectfully submitted,
Valerie Leone
City Clerk
New Hope EDA October 25, 1993
Page 2
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Originating Department Approved for Agenda Agenda Section
City Manager EDA
Kirk McDonald ~) 11'8-93 Item No.
By: Management Assistant By:7 ~r
PRESENTATION BY COMMUNITY RESOURCE PARTNERSHIPS, INC. REGARDING
SUMMARY REPORT OF NEW HOPE COMMUNITY BUSINESS SURVEY
Representatives from Community Resource Partnerships, Inc. and the North Metro Mayors
Association will be present at the EDA meeting to make a presentation on the Summary Report
of the New Hope Commtmity Business Survey (see enclosed copy).
MOTION BY - SECOND BY
Review: Administration: Finance:
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