HomeMy WebLinkAbout3. Approval of Minutes: June 21, and July 05, 2011OFFICIAL PROCEEDINGS OF THE
ECONOMIC DEVELOPMENT AUTHORITY
SHAKOPEE, MINNESOTA
Regular Session.
June 21, 2011
Members Present: President Pamela Punt, Commissioners Pat Heitzman,
Steve Clay, Matt Lehman and John Schmitt.
Staff Members Present: Mark McNeill, City Administrator; Kris Wilson, Assistant City
Administrator; R. Michael Leek, Community Development Director;
Bruce Loney, Public Works Director /City Engineer; Jim Thomson,
City Attorney; and Judith S. Cox, City Clerk.
1 Roll Call
President Punt called the meeting to order at 7:23 p.m. and roll was noted as above.
2. Approval of the Agenda
Schmitt/Clay moved to approve the agenda. Motion carried 5 -0.
3. Consent Items
Cncl. Lehman asked to remove item 3.b., Request of Hennen's Shell Auto Center for
Downtown and First Avenue Corridor Commercial Site Improvement Loan Program,
from the Consent agenda.
Schmitt / Heitzman moved to approve the Consent agenda as amended. Motion carried
5 -0.
a. Minutes from May 17, 2011
Michael Leek, Community Development Director, presented the EDA with the request
from Hennen's Shell.
Mr. Leek said that the City received an application from Hennen's Shell for a loan under
the Downtown and First Avenue Corridor Fagade Improvement Loan Program. The total
maximum for any one loan is $25,000, however, at this time there is a balance of
$20,080.00. Thus, if the EDA wishes to approve the maximum loan for the project it
would need to also direct staff to transfer funds from one of the other EDA funds.
Mr. Leek also stated that if the EDA approves the request, it would deplete this loan fund
and the EDA should provide direction as to whether to transfer any additional funds from
other EDA accounts. If this is not done, staff will not actively market the loan program
unless and until the program is replenished. Discussion followed.
Schmitt/Clay moved to table the loan request from Hennen's Shell Auto Center based on
the questions of loan forgiveness, loan cap and loan replenishment that were raised during
discussion. Motion carried 5 -0.
Official Proceedings of the June 21, 2011
Shakopee Economic Development Authority Page 2
4. Adjourn.
Schmitt/Heitzman moved to adjourn to Tuesday, July 5, 2011 at 7:00 P.M. Motion
carried 5 -0.
The meeting adjourned at 7:43 p.m.
Jddith S. cox
�6A Secretary
Kim Weckman
Recording Secretary
OFFICIAL PROCEEDINGS OF THE
ECONOMIC DEVELOPMENTAi Ti'HORI'I'Y
SHAKOPEE, MINNESOTA
Adjourned Regular Session
July 5, 2011
Members Present: President Pamela Punt, Commissioners Pat Heitzman,
Steve Clay, Matt Lehman and John Schmitt.
Staff Members Present: Mark McNeill, City Administrator; Kris Wilson, Assistant City Administrator;
Kris Wilson, Assistant City Administrator; R. Michael Leek, Community
Development Director; Bruce Loney, Public Works Director /City Engineer;
Jim Thomson, City Attorney; and Judith S. Cox, City Clerk.
Roll Call
President Punt called the meeting to order at 7:20 p.m. and roll was noted as above.
2. Approval of the Agenda
Lehman/Heitzman moved to approve the agenda. Motion carried 5 -0.
3. Request of Hennen's Shell Auto Center for Downtown and First Avenue Corridor
Commercial Site Improvement Loan Program.
Michael Leek, Community Development Director, presented the Commission with the request
from Hennen's Shell Auto Center. Mr. Leek stated that at the last EDA meeting the
Commission had several questions Mr. Leek needed to follow up on. Mr. Leek presented his
findings to the questions asked.
Clay /Schmitt moved to pass a motion to allow improvements to Hennen's Shell, as noted in the
staff memo, as part of the Downtown and First Avenue Corridor Commercial Site Improvement
Loan Program, and to direct staff to prepare a loan agreement for building interior
improvements not to exceed $25,000.00 for Hennen's Shell Auto Center at 807 1" Avenue East
and to direct staff to make an interfund transfer to cover the loan above the current fund
balance of $20,080.00. Motion carried 5 -0.
4. Adjourn.
Lehman/Heitzman moved to adjourn to Tuesday, July 19, 2011 at 7:00 p.m. Motion carried
5 -0.
The meeting adjourned at 7:31 P.M.
udith S. Cox
DA Secretary
Kim Weckman
Recording Secretary