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HomeMy WebLinkAboutMay 18, 2021 - EDA Packet Shakopee Economic Development Authority "IliaAI May 18, 2021 SHAKOPEE 7:oo PM City Hall,485 Gorman St. 1. Roll Call 2. Approval of Agenda 3. Consent Business 3.A. EDA Minutes 4. General Business 4.A. Purchase of vacant land from Scott County 5. Reports 6. Adjourn to Tuesday, June 1, 2021 at 7:00 p.m. Note to EDA Members: If you have any questions or need additional information on any of the above items,please call Michael Kerski,prior to the meeting at(952)233-9346. Page 1 of 12 3.A. Pbileil SHAKOPE E Shakopee Economic Development Authority May 18, 2021 FROM: Lori J. Hensen, City Clerk TO: President and Board Members Subject: EDA meeting minutes of May 4, 2021. Policy/Action Requested: Approve the meeting minutes of May 4, 2021. Recommendation: Approve the meeting minutes of May 4, 2021. Discussion: Budget Impact: ATTACHMENTS: o May 4, 2021 Page 2 of 12 Shakopee Economic Development Authority IiiktAl MINUTES May 4, 2021 SHAKOPEE 7:00 PM City Hall, 485 Gorman St. 1. Roll Call Present: President Jody Brennan Present By Video: Commissioners Bill Mars, Matt Lehman, Jay Whiting, Angelica Contreras Staff Present: City Administrator Bill Reynolds, Finance Director Nate Reinhardt, City Engineer/Public Works Director Steve Lillehaug, Planning/Development Michael Kerski Staff Present by Video: City Attorney Jim Thomson, City Clerk Lori Hensen, Park/Recreation Director Jay Tobin 2. Approval of Agenda Commissioner Angelica Contreras made a motion to approve the agenda, seconded by Commissioner Jay Whiting and the motion passed. 5 - 0 3. Consent Business Commissioner Jay Whiting made a motion to approve the consent agenda, seconded by Commissioner William Mars and the motion passed. 5 - 0 3.A. EDA Minutes Approve the meeting minutes of April 20, 2021. (Motion was carried under consent agenda) 4. Reports 4.A. EDA Bill List 5. Adjourn to Tuesday, May 18, 2021 at 7:00 p.m. Commissioner William Mars made a motion to adjourn to Tuesday, May 18, 2021 at 7:00 p.m., seconded by Commissioner Matt Lehman and the motion passed5 - 0 Page 3 of 12 4.A. WieLAI SHAKOPEE Shakopee Economic Development Authority May 18, 2021 FROM: Michael Kerski, Planning/Development Director TO: President and Board Members Subject: Purchase of land from Scott County at Canterbury for sale for a future development. Policy/Action Requested: Approve Resolution No. E2021-003 for the purchase of property from Scott County to hold for future sale. Recommendation: Approve Resolution No. E2021-003 Discussion: Scott County purchased this property from Canterbury for future expansion of the workforce center. At this time, Scott County is in the process of disposing of the workforce center and no longer needs this parcel. The city and Scott County and Canterbury have already executed an agreement that accounted for right-of-way trades and acquisitions that included a credit for the proposed ROW on this parcel. This parcel will aid with the further redevelopment of Canterbury. Scott County completed a present value appraisal after the ROW that determined the following: • Before Market Value: $1,288,000 • Market Value of City's R/W Bifurcating the Property: $470,000 • After Market Value Less the City's R/W: $818,000 The EDA will purchase this property once the purchase has been approved by Scott County. The EDA will hold the property for resale. The EDA will recapture its holding costs from any sale. Page 4 of 12 Budget Impact: Purchase will be made out of the current EDA fund balance and will repaid to the fund upon sales that we anticipate will be before the end of 2021 ATTACHMENTS: o Resolution o Property Info o Site with Road concept layout o Deed Page 5 of 12 ECONOMIC DEVELOPMENT AUTHORITY FOR THE CITY OF SHAKOPEE,MINNESOTA RESOLUTION NO. E2021-003 RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN PROPERTY FROM SCOTT COUNTY, MINNESOTA WHEREAS, Scott County, Minnesota (the "County") owns the property legally described in EXHIBIT A attached hereto (the"Property") located in the City of Shakopee, Minnesota(the"City"); and WHEREAS, the Economic Development Authority for the City of Shakopee, Minnesota (the "Authority") is authorized by Minnesota Statutes, Section 469.101 to acquire the real property; and WHEREAS, the County has agreed to sell the Property to the Authority, and the Authority proposes to acquire the Property from the County for the purchase price of$818,000 and to subsequently sell the Property to a private developer or redeveloper for purposes of economic development within the City; and NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Economic Development Authority for the City of Shakopee,Minnesota that: 1. The purchase of the Property by the Authority is hereby approved. 2. The President and Executive Director of the Authority are hereby authorized to execute any other documents or certificates deemed necessary to carry out the intention of this resolution. Sworn and Executed Under My Hand this 1 8th day of May,2021. President Executive Director Page 6 of 12 EXHIBIT A LEGAL DESCRIPTION OF PROPERTY That part of the Northwest Quarter (NW 1/4) of the Southeast Quarter(SE 1/4) of the Southwest Quarter (SW 1/4) and the South Half(S 1/2) of the Southeast Quarter(SE 1/4)of the Southwest Quarter(SW 1/4) of Section 4,Township 115 North, Range 22 West, Scott County, Minnesota, described as follows: Commencing at the southeast corner of the South Half of the Southwest Quarter of said Section 4, thence North 00 degrees 16 minutes 08 seconds West, along the east line of said Southwest Quarter, a distance of 661.30 feet to the southeast corner of the plat of BEHRINGER'S FIRST ADDITION, thence North 88 degrees 51 minutes 58 seconds West, along the south line of BEHRINGER'S FIRST ADDITION a distance of 436.05 feet to a point on said south line distant 224.00 feet easterly of the southwest corner of Lot 2, Block 1, BEHRINGER'S FIRST ADDITION, the point of beginning of the land to be described, thence South 01 degrees 08 minutes 02 seconds West, a distance of 30.00 feet, thence North 88 degrees 51 minutes 58 seconds West, parallel to the south line of BEHRINGER'S FIRST ADDITION, a distance of 528.56 feet, thence North 00 degrees 27 minutes 30 seconds West, parallel to the west line of BEHRINGER'S FIRST ADDITION a distance of 691.51 feet to its intersection with the north line of the Northwest Quarter of the Southeast Quarter of the Southwest Quarter of said Section 4, thence South 88 degrees 51 minutes 28 seconds East, along said north line a distance of 305.40 feet to the northwest corner of Lot 1, Block 1, BEHRINGER'S FIRST ADDITION, thence South 00 degrees 27 minutes 30 seconds East, along the west line of BEHRINGER'S FIRST ADDITION,a distance of 661.45 feet to the Southwest corner of Lot 2, Block 1, BEHRINGER'S FIRST ADDITION, thence South 88 degrees 51 minutes 58 seconds East, along the south line of BEHRINGER'S FIRST ADDITION,a distance of 224.00 feet to the point of beginning. Error!Unknown document property name. Page 7 of 12 Property Card Parcel ID Number 279040103 Taxpayer Information 44111 J Taxpayer Name SCOTT COUNTY TAXATION DEPT fiituA Mailing Address ' i'. •200 4 AVE W { - • 41, .�.14A• ' ";�:' SHAKOPEE, MN 55379 • • . Property Address `i ,!1,•. ' Address �•�►:�� „ ?' • City ' sue Parcel Information Uses Calculated Acres 4.56 955 COUNTY-PUBLIC Deeded Acres 5.00 SERVICE-OTHER Plat Lot Block Legal Description Section 04 Township 115 Range 022 I P/O SE1/4 SW1/4 COM Legal Description2 661.30'N OF SE COR, W ALONG S LINE PLAT BEHRINGERS 1ST ADDN Building Information Building Style AGLA(Sq Ft) 0 Bedrooms 0 Year Built 0 Garage Size(Sq Ft) 0 Bathrooms 0.00 Model Desc Basement Size(Sq Ft) 0 Basement Finish 0 (Sq Ft) Miscellaneous Information School District Taxing District Code Homestead Status Green Acres Ag Preserve ISD 0720 2204 SHAKOPEE N N N Assessor Information Estimated Market Value 2020 Values Last Sale (Payable 2021) Land $650,000.00 Date of Sale 04/10/2002 Improvement $0.00 Sale Value $425,000.00 Total $650,000.00 Disclaimer: This information is to be used for reference purposes only.Scott County does not guarantee accuracy of the material contained herein and is not responsible for misuse or misinterpretation.The preceding disclaimer is provided pursuant to Minnesota S(YI« Statutes 466.03.Subd.21 (2000),and the user of this service acknowledges that the County shall not be liable for any damages,and ® expressly waives all claims,and agrees to defend,indemnify,and hold harmless the County from any and all claims brought by User, its employees or agents.or third parties which arise out of the user's access or use of data provided. Thursday, May 13, 2021 Scott County, MN Page 1 of 1 Page 8 of 12 S.A.P. 70-683-014 C.P. 83-24 /' r .. Ilk-- %.7.---- I I -, GROSS 119,256 Sq.Ft. L_I REMA 11G:4,478Sy.Ft. 1 I 1 1 f 1 1 I 1 1 1 I I q Lr-I 'DID IP'C D' • I r I L, _r11\II VVL_I\ I I GROSS:117,673 Sq.Ft. I REMAINING:74,812 Sq.Ft. / / I i 1 1 v w w w w 424. / / /// — — , , ,�i/ ,'i/ rrl I I /- - i / ,---Ylirel ;:_-------- 1 I ,: " ,, GROSS:80,943 Sq.Ft. r-_; "'"I REMAINING:63,378 Sq.Ft. J i - iill --- - ; : TT I / I 1 WAi 11 Ij 7 II L L - - - ---- J_ , -----____----_-_-_____-----_---------_11'p. Wad F I EXISTING RIGHT OF WAY(R/W) NEW RIGHT OF WAY(R/W) •WETLAND LIMITS WERE OBTAINED NEW R/W OVERLAYING EX.D&U EASE. LEGEND FROM A COMBINATION OF SOURCES. �II4 EX.DRAINAGE&UTILITY EASEMENT THE NATIONAL WETLAND INVENTORY MAP,AERIAL FLIGHT OF THIS PROJECT, 1 NEW DRAINAGE&UTILITY EASEMENT SCALE AND ANY SURVEYED DELINEATION OF I TEMPORARY EASEMENT(TE) 0 50 100 200 WETLAND LIMITS. I 1 TE OVERLAYING EX.D&U EASE. IIMIMMMIMI, Wetlands Breakdown (Sq.Ft.) Unencumbered- 0 TEMPORARY ACCESS EASEMENT (IN FEET) Within TE- 0 PARCEL BOUNDARY REVISIONS Within New D&U Ease.- 0 I I r A WETLAND 2/17/2021 Removed TE Within New R/W- 0 Total- 0 CONSTRUCTION LIMITS Const.Plan Gross Existing Parcel Area New k/W(55,481 Sq Ft) Remain I)&U Ease (2,427 Sy Ft) Temp. TE(0. Ft) Owner(s)of Record Parcel R W Before Unencum- r New D& Ex.Dig Access Ease. Parcel No. / C)►w Fa' Parcel (Sq.Ft.) (Sy Ft) (Sy.Ft.) bered R/W [AU Lit (Sq Ft.) F.1 se Ease. (sq Ft.) New D&U 7A Scott County 217,873 19,720 198,153 55,483 • 142,670 0 2,427 0 0 0 \\co.Scott.mn.us\PVT.PRD.FSx\CommonData\Deportment\Highway\T4ago iyprrtfroJects\8324\09_CAD\A_R0W Deliverobles\PAR SK\8324__RW(PAR SK) — PARCEL 7A.dwg 2/17/2021 10:40:35 AM Quit Claim Deed Deed Tax Due: $818,000 ECRV Date: ,2021 FOR VALUABLE CONSIDERATION, Scott County, Minnesota, a body corporate and politic and political subdivision of the State of Minnesota, Grantor, hereby conveys and quitclaims to the Economic Development Authority for the City of Shakopee, Minnesota, a public body corporate and politic under the laws of the State of Minnesota, Grantee, real property in Scott County, Minnesota, described as follows: That part of the Northwest Quarter (NW 1/4) of the Southeast Quarter(SE 1/4) of the Southwest Quarter (SW 1/4)and the South Half(S 1/2) of the Southeast Quarter(SE 1/4)of the Southwest Quarter(SW 1/4) of Section 4,Township 115 North, Range 22 West, Scott County, Minnesota,described as follows: Commencing at the southeast corner of the South Half of the Southwest Quarter of said Section 4, thence North 00 degrees 16 minutes 08 seconds West, along the east line of said Southwest Quarter, a distance of 661.30 feet to the southeast corner of the plat of BEHRINGER'S FIRST ADDITION, thence North 88 degrees 51 minutes 58 seconds West, along the south line of BEHRINGER'S FIRST ADDITION a distance of 436.05 feet to a point on said south line distant 224.00 feet easterly of the southwest corner of Lot 2, Block 1, BEHRINGER'S FIRST ADDITION, the point of beginning of the land to be described, thence South 01 degrees 08 minutes 02 seconds West, a distance of 30.00 feet, thence North 88 degrees 51 minutes 58 seconds West, parallel to the south line of BEHRINGER'S FIRST ADDITION, a distance of 528.56 feet, thence North 00 degrees 27 minutes 30 seconds West, parallel to the west line of BEHRINGER'S FIRST ADDITION a distance of 691.51 feet to its intersection with the north line of the Northwest Quarter of the Southeast Quarter of the Southwest Quarter of said Section 4, thence South 88 degrees 51 minutes 28 seconds East, along said north line a distance of 305.40 feet to the northwest corner of Lot 1, Block 1, BEHRINGER'S FIRST ADDITION, thence South 00 degrees 27 minutes 30 seconds East, along the west line of BEHRINGER'S FIRST ADDITION, a distance of 661.45 feet to the Southwest corner of Lot 2, Block 1, BEHRINGER'S FIRST ADDITION, thence South 88 degrees 51 minutes 58 seconds East, along the south line of BEHRINGER'S FIRST ADDITION, a distance of 224.00 feet to the point of beginning. Check here if part or all of the land is Registered(Torrens) O together with all hereditaments and appurtenances, subject to easements of record. Page 10 of 12 Check applicable box: ® The Seller certifies that the Seller does not know of any wells on the described real property. ❑ A well disclosure certificate accompanies this document or has been electronically filed. (If electronically filed, insert WDC number: [...].) ❑ I am familiar with the property described in this instrument and I certify that the status and number of wells on the described real property have not changed since the last previously filed well disclosure certificate. Error!Unknown document property name. Page 11 of 12 IN WITNESS WHEREOF, the undersigned have executed this Quit Claim Deed as of the date and year first written above. SCOTT COUNTY,MINNESOTA By Jon Ulrich Its Chair By Lezlie Vermillion Its County Administrator Approved as to form: Jeanne Andersen Assistant Scott County Attorney STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing was acknowledged before me this day of , 2021, by Jon Ulrich, the Chair of the Board of Commissioners of Scott County, Minnesota, a body corporate and politic and political subdivision of the State of Minnesota, on behalf of the Grantor. Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing was acknowledged before me this day of , 2021, by Lezlie Vermillion, the County Administrator of Scott County, Minnesota, a body corporate and politic and political subdivision of the State of Minnesota,on behalf of the Grantor. Notary Public This instrument was drafted by: Tax Statements should be sent to: Kennedy& Graven, Charted (JAE) Economic Development Authority for the 150 South Fifth Street, Suite 700 City of Shakopee, Minnesota Minneapolis, MN 55402-1299 485 Gorman Street (612) 337-9300 Shakopee, MN 55379 Error!Unknown document property name. Page 12 of 12