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• CITY OF LAKEVILLE
SPECIAL ECONOMIC DEVELOPMENT COMMISSION MEETING MINUTES
AUGUST 15, 1991
The meeting was called to order at 7:05 p.m. by Chairman Berg.
Members present: Hanlon, Matasosky, Emond, Berg, Ex-officio Halbach,
Mayor Zaun, and Robert Erickson, City Administrator.
Also present: Michael Sobota, Communityty and Economic Development
Comrmssion; Joni Hubred, Life & Times;'I'eny Noble, President, Apothecary
Products, Inc.; Paul Clemons, General Manager, Apothecary Products, Inc.;
Jon McClure, Chesapeake Partners; and Delbert Hall, Architect.
The minutes of the June 25, 1991 Economic Development Commission meeting
were approved as written.
Chairman Berg called on Mr. Noble to present the tax increment financing
application for Apothecary Products, Inc. Mr. Noble reviewed the history
of his company which is a supplier of equipment and supplies to pharmacies
throughout the world. The application is for the construcrion of a new
corporate headcjuarters facility in order to wnsolidate all of their
busmess operations. Mr. Noble indicated they currently employ 150 people
with 20 additional during the summer. He indicated they have an aggressroe
tele-marketing program as well as publishing a catalog.
Mr. Noble indicated that plans for the company include moving into the
injection molding and printing business as well as continued new product
development. Mr. Noble also indicated that the company does use sheltered
workshops for some of their business and that they were in need of
additional space. The specific proposal is for the company to locate in
Fairfield Business Campus. The proposal includes a 30,000 square foot
office facility plus 90,000 square feet of production/warehouse area. He
indicated that expansion would probably occur in the next three to five
years and that it would not necessarily be connected to the proposed
building.
The Commission members discussed with Mr. Noble, his timeline and issues
related to the project. Mr. Erickson indicated that negotiations were
currently on-going with City staff to reach final terms on an acceptable
development agreement. Further discussion was held regarding the benefits
of the proposed project to the entire City and the McStop mterchange area.
91.19 Motion was made by Matasosky, seconded by Emond to recommend to the City
Council approval of the tax increment financing application and the concept
of a development agreement as outlined with Apothecary Products, Inc.
Motion passed unanimously.
ECONOMIC DEVELOPMENT COMMISSION MINUTES
AUGUST 15, 1991
The Commission then took a recess and reconvened to discuss the park
dedication fee changes as proposed by staff. The Commission reviewed the
fairness of the current policy of $2,500 per acre for park dedication
fees. Staff is recommended a change to 5% of value for all
commercial/industrial land in the City. The Commission was supportive of
this change and indicated that it would be helpful to industrial
development in the community as well as be more competitive with the
neighboring communities. The Commission further recommended that
Performance Computer, Inc. receive a partial refund for park dedication
fees they paid for their plat on June 3, 1991 to encourage further
expansion.
91.20 Motion was made by Emond, seconded by Matasosky to recommend approval of
the changes to the park dedication fee requirements.
Motion passed unanimously
Meeting adjourned 9:00 p.m.
Respectfully submitted:
P~ota, Reco ding Secretary
ATTEST:
Randy Berg, Chairman