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HomeMy WebLinkAboutApril 02, 2019 EDA Minutes Shakopee Economic Development Authority *LAI MINUTES April 2, 2019 SHAKOPEE 7:00 PM City Hall 485 Gorman St. 1. Roll Call Present: President Jay Whiting, Commissioners Jody Brennan, Matt Lehman, Bill Mars, Angelica Contreras 2. Approval of Agenda Commissioner Matt Lehman made a motion to approve agenda, seconded by Commissioner Angelica Contreras and the motion passed. 5 - 0 3. Consent Business Commissioner William Mars made a motion to approve consent agenda, seconded by Commissioner Angelica Contreras and the motion passed. 5 - 0 3.A. EDA Minutes Approve the minutes of March 5, 2019. (Motion was carried under consent agenda.) 4. General Business 4.A. Short term use agreement for EDA property Commissioner William Mars made a motion to approve a short term use agreement with Enclave Construction of Fargo, ND for EDAowned property located at 234 1st Ave W, PID 270011430 from June 1, 2019 until April 30, 2020 for construction staging for the former city hall site and approve the EDA Executive Director to enter into such agreement, seconded by Commissioner Angelica Contreras and the motion passed. 5 - 0 4.B. Approval of Purchase Contract for 313 1st Ave W Commissioner William Mars made a motion to approve Resolution No. 2019-002 to enter into a Purchase Contract for 313 1st Ave W, seconded by Commissioner Jody Brennan and the motion passed. Page 1 of 2 4 - 1 4.C. Approval of Purchase Contract for 116 Atwood St N Commissioner William Mars made a motion to approve Resolution No. E2019-001 authorizing the purchase of the property for a total of$200,000 which includes $175,000 for the property and $25,000 for relocation expenses, seconded by Commissioner Angelica Contreras and the motion passed. 4 - 1 4.D. Interfund Loan Resolution for Modifications for River Bluff Development Commissioner Jody Brennan made a motion to approve Resolution No. E2019-003 to amend Resolution No. E2018-001 for advance of certain costs in connection with Tax Increment Financing District No. 19, seconded by Commissioner Angelica Contreras and the motion passed. 4 - 1 4.E. Amendment of Doggie Doos Loan Agreement Commissioner William Mars made a motion to approve Resolution No. E2019-05 making changes to the Loan Agreement with Doggie Doos originally dated April 17, 2018, seconded by Commissioner Angelica Contreras and the motion passed. 5 - 0 4.F. Approval of Purchase Contract for 303 1st Ave W Commissioner William Mars made a motion to approve Resolution No. E2019-004 Approving the Execution of a Purchase Agreement with respect to Property Located at 303 First Avenue West, seconded by Commissioner Angelica Contreras and the motion passed. 4 - 1 5. Reports 5.A. EDA Bill List Informational only 6. Adjourn to Tuesday, May 7, 2019 at 7 p.m. Commissioner Matt Lehman made a motion to adjourn to May 7, 2019 at 7:00 p.m., seconded by Commissioner Jody Brennan and the motion passed5 - 0 Page 2 of 2