HomeMy WebLinkAboutEDA MIN SPECIAL 11-13-12ECONOMIC DEVELOPMENT AUTHORITY (EDA)
MINUTES OF THE SPECIAL MEETING OF
NOVEMBER 13, 2012 IN CONFERENCE ROO M 1
"I'he meeting was called to order at 6:50 pin by Chair Peterson.
Members Present: Bruce Nawrocki, Gary Peterson, Donna Schmitt, Bobby Williams,, Gerry
flerringer, andI'arnmera Dielim.
Members Absent.- N4arlaine Szurek
Staff Present, Walt F'ehst, Scott Clark, and Sheila Cartney.
Also Present: Bob Lindahl, Attorney from Kennedy and Graven
5. Regular Meeting — called to order at 6:60pni
6. Approve Purchase Agreement for the purchase of 3927 Central Ave.
Mayor Peterson introduced this itern and explained that the EDA has been dealing with this
property for a long tin-te, now we have a Purchase Agreement to act on.
Motion by Bobby William Second by Tammi Diehm to waive the reading of Resolution 2012-16
there being ample copies available to the public. Motion passed.
Motion by Bobby William Second by Donna Sclimitt to adopt Resolution 2012-16, approving
ptirchase agree ment dated November 13, 2012 by and between 'lady -Foss Partnership and the
'
EDA lor property located at 3927 Central Avenue.
Roll Call: AYE: Williams, Schmitt, Diehrn, Iferringer, Peterson. Nay: Nawroki. Motion Passes
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EDA Resolution 2012-16
A Resolution Approving Purchase Agreement Dated November 13, 2012 by and between Mady-Foss Partnership and the
City of Columbia Height's Economic Development Authority ("EDA") For Property Located at 3927 Central Avenue
N.E.
AVrj 1 F R FAS. the City of(ol urnbia I leigghts' August 2010 Comprehensive Plan hns identified the property located at 3 927 Centra I
Avenue N.E. l-Property") as a key rcdew,clopmcnt site; and
WI I [,-,REA S. the City wid the I -IDA ha%e endeavored for many years to acquire the properly to a I low a maJor redevelopment in
the Cjly's downtown area: and
WHEREAS. the l-.i)A's desire to acciiiire the property has bceri evidenced tly 'he aC(llJi"J00ll of an adjaccrit parcel and extensive
crivironniental invcslkation work that has been compleled on the Property and adjacent parcels; ard'
Wl IFRI"'AS, represenlatiN es from the Made foss Partnership prepared an initial commercial letter of intent offering
dated March 18, 2012 in which Owner offiered to sell the Propci-ty to the FDA for the arnount of $925.000, plus additional
considerations: and
WHEREAS. subsequelili.., the ()w ncr elected to %Ohdraw that offcr, and entered into a PUTChdSe agreement with a private paNy,
to sell the Property to tile Private lxlrly and
W I I E' REIAS. the 0%VIICr'S purchase agreement with the private party, has been to,ininated and [fie 0mier has again approached
the EDA with the offer to well the Property based on sinii I a r conditions to those contemplated by the Private purchase agreement:
and
Wl WRF'AS, because the Property is vacant FDA staff has recommended that the FDA agree to purchase the Property lbr as
purchase price of $905M0 in addition to other considerations arid that the EDA authorize staffto incur the cost ot'various
professional services necessary to complete this transaction.
NOW II JEREFORE BE ITRE'SOLVED,
file City of Columbia Heights' Economic Development authorizes the flollowing:
1) That the President all(i l,'XeCUtjve Director of the Econornic Development Authority are authorized to sign the Purchase
Agreement By and between Mady-Foss Partnership and the Economic Development Authority in substantially the form
presented to the EDA Board ofCommissioners for consideration:
2) The EDA 's Direcior of Community Development is authorized to soheit bids for the cost ot'deniolitioii of the
improvements on the Property. with the understanding, that final bids will be, approved by either the EDA or City Council.
3) The Director of Community Development is authorized to contract with Old Republic National rl'itle Insurance
Company Gor title work and closing services, and with Kurth Survey and Engineering for prol'c,"ional surveying services in the
event that the proposed Purchase agreement is finalized.
4) The sources offunding shall be as stated in the City ("OUnCil Resolution 2012-51 Tor the proposed purchase.
Passed this 13th day of'Noveniber 2012.
Roll Call:
Offered by:
Aye:
Nay:
President
Walter Felist, EAccutive Director
motion by'ranu-ni Deihni Second by Bobby Williams to move to approve and authorize the
EDA President and Executive Director to execute a Letter of Understandii.,ig dated November 13,
2012 by and between the EDA and GEM Properties, LI-C, and Columbia Heights Rental Inc.
Discussion: Nawrocki questioned what these documents were, Clark explained that the letter of
understanding discusses access and sidewalk maintenance.
Roll Call: AYE-Williams, Schmitt, Diefirn, Herringer, Peterson. Nay: Nawrocki. Motion Passes
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Motion by Tarnini Diehtn Second by Donna Schmitt to move to approve and authorize the EDA
President and EDA Executive Director to execute a Right of First Refusal Agreement dated
November 13, 2012 by and between the Economic Development Authority and Gem Properties
t,LC and Colurnbia Heights Rental. All Ayes motion passed 6-0
Nawrocki wanted to discuss the RFP process for real estate services for the Scattered Site lots.
Cartney explained that she Put the RFP Out on the webpage c-mailed realtors that have
Z:� -
participated in previous meetings with her and sent the RFP to the St. Paul Area Realtors
Association who sent it to 6,00O realtors. Nawrocki specifically asked if Mickey Rooney
received an RFP and Cartney explained that Mary Rooney (Mickey's daughter) had received one
for their office and she was not interested. Nawrocki then questioned, if Roger Gillespie received
anRFP. Cartney said she did not know if lie received one or not. Nawrocki was disappointed to
hear this since Roger is active and well known in this community and he thinks that Roger
should have a chance to interview.
2 November 13, 2012 EDA MitILACS
Motion by Nawrocki Second by Iferringer to contact Roger Gillespie and see if he would be
interested in interviewing.
Schmitt commented that it is kind of late in the process. Diehm commented that we should ask
him if lie received an R and if lie did not then give hire a chance to submit. Motion Passed,
Meeting adjourned 7:07prn
Respectfully Submitted
Sheila Cartney, Assistant Community Development Director
Acting Secretary.
Novenibei- 1 3, 2012 EDA Minutes