HomeMy WebLinkAbout07-06-92CITY OF LAKEVILLE
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
JULY 6,1992
Chair Mulvihill called the meeting to order at 6:50 p.m. Roll call was
taken. Present: Commissioners Zaun, Sindt and Mulvihill. Absent: Ruhmann
and Harvey.
Also present: B. Erickson, Executive Director; R. Knutson, City Attorney; M.
Sobota, Community & Economic Development Director; D. Feller, Finance
Director; C. Friedges, City Clerk.
MINUTES
The minutes of the June 15, 1992, H.R.A. meeting were approved as presented.
ITEMS 3 -4
Mr. Sobota presented a letter from John Gambell, President of Imperial
Plastics, Inc., requesting the City Council to table consideration of Tax
Increment Financing District No. 13 and platting of Imperial First Addition.
Mr. Sobota explained, as stated in Mr. Gambell s letter, that financial
negotiations are still underway between the applicant and his bank, Firstar
Eagan. They expect to have these negotiations finalized before the July 20th
H.R.A. and City Council meetings. Staff recommends tabling the matter until
July 20th.
92.11 Motion was made by Sindt, seconded by Zaun to table until July 20, 1992,
consideration of a resolution adopting a modification to Airlake
Redevelopment Project No.1 and establishment of Tax Increment Financing
District No. 13 (Imperial Plastics expansion) and a resolution authorizing
the City Council of the City of Lakeville to undertake certain development
activities in connection with Tax Increment Financing District No. 13.
Roll call was taken on the motion. Ayes, Zaun, Sindt, Mulvihill.
ITEM 4
Mr. Dick Asleson of Juran & Moody presented a resolution which would approve
a Memorandum of Understanding and related documents for the proposed ice
arena project. He stated the Lakeville Community Corporation, Lakeville
Hockey Association and I.S.D. 194 have approved and executed the documents
necessary for the development of a 40,000 square foot ice arena facility in
the City of Lakeville adjacent to the new senior high school. He explained
that the Memorandum of Understanding describes the project, the budget for
the project, financial requirements and actions to be taken by the parties to
successfully complete the development of the project. He stated a more
thorough presentation will be given at this evening's City Council meeting.
92.12 Motion was made by Zaun, seconded by Sindt to approve Resolution No. 92 -3(a)
approving a Memorandum of Understanding and related documents for the
proposed ice arena project.
Roll call was taken on the motion. Ayes, Sindt, Mulvihill, Zaun.
UNFINISHED BUSINESS None.
NEW BUSINESS None.
Chair Mulvihill adjourned the meeting at 6:55 p.m.
Respectfully submitted,
Charlene Friedges, City Perk
fe' 11W
tfiette Mulvihill, Chair