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HomeMy WebLinkAbout3.A. Approval of Minutes: February 20, 2007 OFFICIAL PROCEEDINGS OF THE ECONOMIC DEVELOPMENT AUTHORITY SHAKOPEE, MINNESOTA Regular Meeting February 20, 2007 Members Present: President Steve Clay, Commissioners Steve Menden, Terry Joos, Matt Lehman, and John Schmitt. Staff Members Present: Mark McNeill, City Administrator; Judith S. Cox, City Clerk; Jim Thomson, City Attorney; R. Michael Leek, Community Development Director; and Bruce Loney, Public Works Director/City Engineer; Kris Wilson, Assistant City Administrator. 1. Roll Call President Clay called the meeting to order at 8:15 p.m. and roll call was noted. 2. Approval of the Agenda MendenlSchmitt moved to approve the agenda. Motion carried 5-0. 3. Consent Agenda Joos/Lehman moved to approve the Consent Agenda. Motion carried 5-0. a. Approval of Minutes JooslMenden moved to approve the minutes of the meeting from January 16,2007. (Motion carried under the Consent Agenda.) 4. Mr. Leek presented a loan request as part of the Downtown Fa<;ade Improvement Program to the EDA. Mr. Leek stated that the City has received an application from David Jansen, owner of Valley Sports, requesting loan approval as part of the Downtown Fa<;ade Improvement Program. The property is located at 102 1 st Avenue West and was built in 1898. It has been determined that the building has historic value inside and out. Mr. Jansen has requested a $7,953.00 loan to help fund a project totaling $15,906.00 ($1,488.00 for sign rewiring, $12,501.00 for installation of seven new storefront windows and $1,917.00 for new sign installation). Mr. Leek stated that the Committee recommended funding 50% of the costs ofthe project, not to exceed $7,953.00 with two conditions; one, the new windows and frames match the existing number and sizes of window panels. Two, the new sign(s) either match the size of the existing sign(s), or be smaller. Mayor Schmitt questioned the color of the north wall of the building and asked ifthe owner could change the color of the building while doing the window and sign replacement. Mr. Leek stated that he would discuss this issue with Mr. Jansen. Official Proceedings of the February 20, 2007 Economic Development Authority Page -2- Lehman/Joos moved to authorize the appropriate staff to enter into an agreement with the owner of property at 102 I st Avenue West for a deferred loan from the Downtown Fayade Improvement program and fund 50 percent of the cost of the proposed windows, frames and sign restoration, up to a maximum of$7,953.00. Motion carried 5-0. 5. Mr. Leek presented the EDA with a of Consultant Services Agreement. Mr. Leek stated that the EDA previously directed staff to prepare a service agreement with David Drown Associates consistent with the proposal submitted by that firm. A draft of that agreement was provided to the EDA Commissioners, and the EDA is asked to authorize execution of that agreement. Cncl. Lehman asked Mr. Leek if the $35,000 per year includes the marketing material. Mr. Leek stated that the $35,000 per year does not include the marketing material. Mr. Leek stated that the actual amount should be less. Mr. Leek stated that he would have to keep track so the total expenditures do no exceed $35,000. Lehman/Joos moved to direct the appropriate City officials to execute the consultant services agreement with David Drown Associates not to exceed $30,000.00 annually. Motion carried 5-0. 6. Adjourn Joos/Menden moved to adjourn to March 20,2007. Motion carried 5-0. The meeting ended at 8:35 p.m. (t~~'~ DA Secretary Kim Weckman Recording Secretary