HomeMy WebLinkAbout03-03-97CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
MARCH 3,1997
The meeting was called to order at 6:50 p.m. by Chair Mulvihill.
Roll call was taken. Present: Commissioners Johnson, Sindt, Mulvihill and
Holberg. Absent: Commissioner Zaun.
Also present: B. Erickson, Executive Director; D. Feller, Finance Director; M.
Sobota, Community & Economic Development Director; R. Knutson, City
Attorney; C. Friedges, City Clerk.
ITEM 2
The minutes of the January 21, 1997, Housing and Redevelopment Authority
meeting were approved as presented.
ITEM 3
Mr. Sobota presented a resolution requesting the City Council of the City of
Lakeville to call a public hearing on the proposed modification of Airlake
Redevelopment Project No. 1, and the establishment of Tax Increment Financing
District No. 17 to be located within the redevelopment project, and the proposed
approval and adoption of a modified redevelopment plan and tax increment
financing plan relating thereto.
He explained that DHY, Inc. would like to locate its 45,000 square foot corporate
headquarters /hi -tech manufacturing facility at the corner of Holyoke Avenue and
County Road 70. Two non - conforming homes and a shed that currently exist on
the site, along with building and construction debris, would be cleared from the
site. Staff has submitted a purchase agreement to the property owner, (Mike
Giles), and the City Attorney is negotiating the acquisition of the property by the
City, to be deeded to DHY. The public hearing on establishment of TIF District
17 would be held by the City Council on April 7, 1997.
Mr. Erickson stated that with the exception of a few minor issues, the property
owner has agreed to the conditions of the purchase agreement, which will be
submitted to the City Council for approval.
97.4 Motion was made by Johnson, seconded by Holberg to approve Resolution No.
97 -1 requesting the City Council of the City of Lakeville to call a public hearing
on the proposed modification of Airlake Redevelopment Project No. 1, and the
establishment of Tax Increment Financing District No. 17 to be located within the
redevelopment project and the proposed approval and adoption of a modified
redevelopment plan and tax increment financing plan relating thereto.
Roll call was taken on the motion. Ayes, Johnson, Sindt, Mulvihill, Holberg.
There being no further business, the meeting was adjourned at 6:55 p.m.
Respectfully submitted,
Be* Sin , Secretary
y e e Mulvihill, Chair