HomeMy WebLinkAbout3.a. Approval of Minutes: April 19, 2011 OFFICIAL PROCEEDINGS OF THE
ECONOMIC DEVELOPMENT AUTHORITY
SHAKOPEE, MINNESOTA
Regular Session
April 19, 2011
Members Present: President Pamela Punt, Commissioners Pat Heitzman,
Steve Clay, Matt Lehman and John Schmitt.
Staff Members Present: Kris Wilson, Assistant City Administrator; R. Michael Leek, Community
Development Director; Jim Thomson, City Attorney; and Judith S. Cox,
City Clerk
1 Roll Call
President Punt called the meeting to order at 7:49 p.m. and roll was noted as above.
2. Approval of the Agenda
Lehman/Schmitt moved to approve the agenda. Motion carried 5 -0.
3. Consent Items
Lehman/Clay moved to approve the Consent items. Motion carried 5 -0.
a. Minutes from March 15, 2011
4. Facade Loan — Kevin Siegle.
Michael Leek, Community Development Director, presented the EDA with a Request of Kevin
and Stacy Siegle for FILP ( Facade Improvement Loan Program) funding for construction of an
awning/signage for Riverfront Printing. Mr. Leek said the property owners are proposing the
installation of an awning that would include signage. The proposed improvement is $1,700 and
50% of the cost would equal $850.00
Lehman/Heitzman moved to direct staff to prepare a loan agreement for facade improvements not
to exceed $850.00 for Riverfront Printing at 128 Holmes Street South. Motion carried 5 -0.
5. Updated Policies, Procedures and Guidelines regarding City Commercial Rehabilitation
Loan Program for the Downtown and First Avenue Corridor.
Mr. Leek presented the EDA with the revised loan guidelines to reflect the expansion of the
Facade Improvement Loan Program (FILP) to include modification of building interiors and other
site improvements. He reviewed the changes on an interlinear copy that was placed on the
council table prior to the meeting. He stated that the next step is to complete a brochure.
Clay /Schmitt moved to approve the revised commercial rehabilitation loan policies, procedures
and guidelines as presented. Motion carried 5 -0.
6 Adjourn.
Lehman/Clay moved to adjourn to Tuesday, May 16, 2011at 7:00 P.M. Motion carried 5 -0.
The meeting adjourned at 8:10 P.M.
J S. Cox Kim Weckman,
E A Secretary Recording Secretary