HomeMy WebLinkAbout02-04-91CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
FEBRUARY 4, 1991
The meeting was called to order at 6:45 p.m. by Chair Sindt.
Roll call was taken. Present: Commissioners Zaun, Sindt,
Mulvihill and Harvey. Absent: Commissioner Ruhmann.
Also present: R. Knutson, City Attorney; B. Erickson, City
Administrator; M. Sobota, Community /Economic Development
Director; D. Feller, Finance Director; C. Friedges, City
Clerk.
91.03 Motion was made by Harvey, seconded by Zaun to approve the
minutes of the January 7, 1991, H.R.A. meeting.
Roll call was taken on the motion. Ayes, Zaun, Sindt,
Mulvihill, Harvey.
ITEM 3
Mr. Sobota presented a development agreement between the
Lakeville H.R.A. and Richard and Ann Miller for construction
of a 4,200 square foot professional building at Holyoke
Avenue and 209th Street. The agreement outlines a prescribed
method of remitting the $90,000 Tax Increment Financing
payment to the Millers for the project. Mr. Sobota explained
that the Millers will receive $45,000 at the time footings
are inspected and $45,000 when a certificate of occupancy is
issued.
The agreement, Mr. Sobota explained, also includes
construction of a storm sewer pipe by the Millers to prevent
any future drainage problems on their property, as well as
the abutting properties to the east. The storm sewer would
be turned over to the City upon acceptance by the City
Engineer. Mr. Sobota further explained that if the City
constructs a downtown storm sewer project and assesses part
of the cost against downtown property, a $4,900 credit will
be granted to the developer at that time.
91.04 Motion was made by Harvey, seconded by Mulvihill to approve
the draft Contract for Private Development with Richard and
Ann Miller with the provision that the Project Plans be dated
no later than February 8, 1991, the Plan Preparer be Tushie
Montgomery & Assoc. and a registered professional engineer,
and the interest on assessments be 8.6 %; and staff shall
complete the contract accordingly.
Roll call was taken on the motion. Ayes, Mulvihill, Harvey,
Zaun, Sindt.
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
FEBRUARY 4, 1991
There being no Unfinished or New Business, Chair Sindt
adjourned the meeting at 6:54 p.m.
Respectfully submitted,
Lyn to Mulvihill, Secretary
Betty ndt, Chair