HomeMy WebLinkAboutHRA Item 02
CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY
MEETING MINUTES
June 15, 2015
Chair Anderson called the meeting to order at 6:50 p.m.
Roll call was taken. Present: Commissioners Davis, Little, Swecker, Anderson and LaBeau
Also present: Justin Miller, City Administrator; David Olson, Community & Economic
Development Director; Charlene Friedges, City Clerk.
Item 2
Motion was made by Swecker, seconded by Little, to approve minutes of the May 4, 2015
H.R.A. meeting.
Voice vote was taken on the motion. Ayes – unanimous
Item 3
The Community & Economic Development Director presented a resolution approving the
modification of Airlake Redevelopment Project No. 1 and the establishment of Tax Increment
Financing (TIF) District No. 20 in Airlake Industrial Park. Mendell Inc. is requesting the creation
of a TIF district to facilitate an 18,700 square foot expansion of its 28,600 square foot
manufacturing facility located at 21463 Grenada Avenue. TIF assistance will not exceed
$155,912 and will be provided on a pay-as-you-go basis over a nine year period. The
proposed expansion will create 12-25 new jobs in the next two years.
Motion was made by Little, seconded by Davis, to approve Resolution No. 15-02 approving
the modification of the Redevelopment Plan for Redevelopment Project No. 1 and
establishing a Tax Increment Financing District and approving a Tax Increment Financing Plan
for TIF District No. 20.
Roll call was taken on the motion. Ayes – Davis, Little, Swecker, Anderson, LaBeau
Item 4
The Community & Economic Development Director presented a resolution approving an
administrative amendment to the Tax Increment Financing Plan for Tax Increment Financing
District No. 19. Since TIF District No. 19 was adopted last fall for BTD Manufacturing, the
Fulford Group re-platted the property in which TIF District 19 is located. An amendment to
the previously approved TIF Plan is required in order to complete the certification for TIF
District No. 19 by Dakota County.
HOUSING AND REDEVELOPMENT AUTHORITY
MEETING MINUTES
June 15, 2015
Motion was made by Davis, seconded by Swecker, to approve Resolution No. 15-03 approving
an administrative amendment to the Tax Increment Financing Plan for Tax Increment
Financing (Economic Development) District No. 19.
Roll call was taken on the motion. Ayes – Little, Swecker, Anderson, LaBeau, Davis
Chair Anderson adjourned the meeting at 6:54 p.m.
Respectfully submitted,
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Charlene Friedges, City Clerk
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Douglas P. Anderson, Chair