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HomeMy WebLinkAboutEDA MIN 05-13-2013ECONOMIC DEVELOPMENT AUTHORITY (EDA) MINUTES OF THE SPECIAL MEETING 'OF ►AV 13, 2013 IN CONFERENCE ROOM I The meeting was called to order at x;45 pin by Chair Peterson, Members Present: Bruce Nawrocki, Gary Peterson, Donna Schn-iitt, Taminera Dichin, Marlaine Szurek, and Bobby Williams. Members Absent: Gerry Herringer Staff Present: Walt Feh.st and Scott Clark, 2. PLEDGE OF ALLEG IANCE- RECITED 3. BUSINESS ITEMS Scattered Site Contract Clark reminded members that at the April EDA meeting the Commission met with Pete Heryla and John Rockwell of Remax and a representative of Timbercraft Homes. At this meeting lot prices, housing styles and contracts were discussed. Staff explained that half the lots were shovel ready while the other half still had to have the water lines redone to meet today's standard of` one inch. Timbercraft Homes also presented two concept drawings, of homes that Could be built on the scattered site lots with the idea that the plan for 4303 Reservoir would come back to the EDA for approval. At the May 6, 2013 meeting the EDA discussed items 1-3 below and essentially agreed to the items as presented; the Purchase and Redevelopment Agreement was inadvertently left out of the packet so no action was taken on any of the items, a formal action is requested tonight, 1. Remax Synergy listing Agreement. This document is an agreement with the EDA and Pete I feryla and John Rockwell to list the lots for sale at a sales price of $7,500 each with the exception of 4303 Reservoir Blvd, which will be $35,000. There is also clause in this listing agreement that after one year if the house sales increase the lot listing prices may increase. 2. Purchase and Redevelopment Agreement., This document is an agreement with the EDA and Timbercraft Homes. A Purchase and Redevelopment Agreement will be filled out for the sale of each lot. This agreement determines the sales price., the model home type and completion date. 3. Model Homes. Timbercraft Homes is providing 2 models for buyers to choose ftoin. If the EDA approves the models tonight then the Model Homes become part of the Purchase and Redevelopment Agreement and will be approved as part of the building permit and will not need additional EDA approval. The only lot that will need additional approval is 4303 Reservoir Blvd. Staft'recommends approval of the agreements as presented. QiLcstions/comments from members. Nawrocki expressed his concerns regarding the ,agreements, EDA Minutes Page 2 May 13, 2013 , Allotion lit) fflilliains, seconded byS'chrnill to a131,7rove andexecu.te the LisfingAgreemenf withReinax .�)mergy. All qj,,es. MOTION PA,�,VD. Motion by [Filliams, seconded by .5chmilt to apl)rove and execute the Purchase and Redevelolmlem Agfeement i,vilh Thnbercrqft Hotnes. All qyvs. 140770N PAS'SWD. 1folion, bj,,,Schmiit, seconded kv,Szurek to al)],?rove the model homes as pre.,�,enled. All qyes. MOTION PA&VD. 4. Administrative Report There was jiothiiig further to disctiss. 'I'lle next regular EDA meeting will be Monday, June 3, 2013 at City 1 -Tall: at 6:30 pm. , I "Ile nveting was adjourned at 7:00 pm. Respectfully submitted, Scott Clark, Recording Secretary