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HomeMy WebLinkAbout2020-08-10 EDA Special Meeting MinutesA. MINUTES MAPLEWOOD ECONOMIC DEVELOPMENT AUTHORITY SPECIAL MEETING 6:00 P.M. Monday, August 10, 2020 Held Remotely Via Conference Call CALL TO ORDER A special meeting of the Maplewood Economic Development Authority (EDA), was held remotely via conference call and was called to order at 6:04 p.m. by President Knutson. B. ROLL CALL C 7 William Knutson, President Present Bryan Smith, Vice President Present Marylee Abrams Present Kathleen Juenemann Present Sylvia Neblett, Treasurer Present APPROVAL OF AGENDA Commissioner Juenemann moved to approve the agenda as submitted. Seconded by Commissioner Abrams Ayes — All, via roll call The motion passed. APPROVAL OF MINUTES 1. January 13, 2020 Economic Development Authority Meeting Minutes Change Nominated to Nominate through the motions. Commissioner Smith moved to approve the January 13, 2020 Economic Development Authority Meeting Minutes as amended. Seconded by Commissioner Juenemann The motion passed. E. PUBLIC HEARING None F G UNFINISHED BUSINESS None NEW BUSINESS Ayes — All, via roll call 1. Resolution Adopting a Tax Increment Financing Plan for Tax Increment August 10, 2020 1 Maplewood Economic Development Authority Financing District No. 1-14 Assistant Executive Director Thomson gave the staff report. Jason Aarsvold with Ehlers gave the presentation of the TIF Plan. Brittney Finch with Slate answered a question of the EDA. Commissioner Abrams moved to approve the resolution adopting a Tax Increment Financing Plan for Tax Increment Financing District No. 1-14. Resolution 20-08-0001 A RESOLUTION ADOPTING A TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO. 1-14 BE IT RESOLVED by the Maplewood Economic Development Authority as follows Section 1. Recitals. 1.01. The Maplewood Economic Development Authority ("MEDA") has been established by the city of Maplewood (the "City") to promote development and redevelopment within Maplewood. 1.02. Under the terms of the modified enabling resolution adopted by the City on July 22, 2019, MEDA has all the powers and authority of an economic development authority under Minnesota Statutes, sections 469.090 through 469.1081 (the "EDA Act"), a housing and redevelopment authority under Minnesota Statutes, sections 469.001 through 469.047 (the "HRA Act") and of a city under Minnesota Statutes, sections 469.124 through 469.134 (the "City Development Districts Act"). 1.03. MEDA's goals include recognizing the practical impediments to development and redevelopment in areas of the community which are fully developed and offering public assistance for projects which advance its goals. 1.04. In order to promote development and redevelopment of the community, the City previously established Development District No. 1 (the "Development District") and adopted a Development District Program (the "Development Program") for same. 1.05. In response to a redevelopment proposal, MEDA authorized the preparation of a tax increment financing plan (the "TIF Plan") for Tax Increment Financing District No. 1-14 (the "TIF District"), which is contained in a document entitled "Modification to the Development Program for Development District No. 1 and Tax Increment Financing Plan for Tax Increment Financing District No. 1-14", dated August 10, 2020 and on file with MEDA. Section 2. Authoritv ADDroval 2.01. Copies of the modified Development Program and the TIF Plan were transmitted to the board of Independent School District No. 622 and the board of commissioners of Ramsey County for review and comment and said public bodies were notified of the public hearing to be held on the modified Development Program and TIF Plan by the City on August 10, 2020. August 10, 2020 2 Maplewood Economic Development Authority 2.02. MEDA finds that its objectives of encouraging development and redevelopment within the designated area of Maplewood will be advanced by adoption of the modified Development Program and the TIF Plan. 2.03. MEDA also finds that the modified Development Program and the TIF Plan are consistent with the City's comprehensive plan. 2.04. The TIF Plan is hereby adopted. Section 3. Further Proceedinqs. 3.01. MEDA requests that the City hold a public hearing on the modified Development Program and the TIF Plan pursuant to Minnesota Statutes, section 469.175 and recommends that the modified Development Program and TIF Plan be approved by the City. 3.02. Upon approval of the modified Development Program and the TIF Plan by the City, MEDA's executive director is authorized and directed to request that the original tax capacity of the parcels within TIF District No. 1-14 be certified to MEDA by Ramsey County. Seconded by Commissioner Juenemann Ayes — All, via roll call The motion passed. 2. Sale of Property at 1946 English St N a. Intent to Close Meeting (Minn. Stat. §13D.05 Subd. 3(c)) b. Term Sheet with Roers Investments, LLC Commissioner Abrams moved to close the meeting and go into closed session to consider purchase offers or counter offers for property located at 1946 English Street North. Dursuant to Minnesota Statutes Section 13D.05.subd. 3(c). Seconded by Commissioner Juenemann Ayes — All, via roll call The motion passed. President Knutson closed the regular meeting to go into closed session at 6:25 p.m. The following were present during the closed session: President Knutson, Commissioner Abrams, Commissioner Juenemann, Commissioner Neblett, Commissioner Smith, Executive Director Coleman, Assistant City Manager Sable, Assistant Treasurer Paulseth, Assistant Executive Director Thomson, EDA Attorney Batty and IT Director Fowlds. President Knutson re -opened the EDA regular meeting at 6:47 p.m. 3. Call for EDA Meeting on August 24, 2020 Commissioner Abrams moved to call an EDA meeting on Auqust 24, 2020 at 6:00 p.m. August 10, 2020 3 Maplewood Economic Development Authority Seconded by Commissioner Juenemann Ayes — All, via roll call The motion passed H. ADJOURMENT President Knutson adjourned the meeting at 6:48 p.m. a'L-�� J�4� Andrea Sindt, EDA Secretary August 10, 2020 4 Maplewood Economic Development Authority