HomeMy WebLinkAbout05-26-16 MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
Regular Meeting
May 26, 2016
1. CALL TO ORDER
The meeting was called to order by Chair Larson at 6:30p.m.
Members Present: Jolley, Larson, Zeaman, Wilson, Cordes, Corraro, Bonar
Members Absent: None
Also Present: Adam Kienberger, Community Development Director, Commissioner Mike Slavik,
Dakota County, Stacie Kvilvang, Ehlers&Associates.
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
4. APPROVE AGENDA
MOTION by Jolley second by Corraro to approve the Agenda. APIF,Motion Carried.
5. CITIZEN COMMENTS/PRESENTATIONS
6. CONSENT AGENDA
MOTION by Cordes second by Wilson to approve the Consent Agenda as follows:
a) Meeting Minutes—April 28, 2016 Regular Meeting
b) Monthly Statements
APIF,Motion Carried.
7. PUBLIC HEARINGS
8. DISCUSSION ITEMS
a) Trident Development TIF Plan and Development Agreement—Stacie Kvilvang with Ehlers,
city's financial consultant gave an overview of the development agreement. 26 year maximum
TIF district, first TIF payment in 2018. MOTION by Zeaman second by Corraro to approve the
TIF plan and forward to City Council for establishment of TIF District#14. APIF,Motion
Carried. MOTION by Zeaman second by Wilson to approve the Development Agreement with
Legacy Partners of Farmington, LLC, APIF,Motion Carried.
b) Update from Dakota County Commissioner Slavik—Commissioner Slavik updated the board
on the Dakota County CDA's history and strategic planning process.
9. DIRECTOR'S REPORT
May Director's Report
a) Downtown Redevelopment Plan Implementation—Eight bike racks have been ordered for installation in
the downtown area. This furthers the goal of promoting downtown Farmington as a bike trail hub.
Director Kienberger will be working with the MCCD relating to loan and/or grant programs for
refurbishing downtown historic and commercial buildings.
b) Open to Business Q1 Business Report—Review of the first quarter report for Dakota County.
c) City Website Update/EDA Photo—Each department is currently working with city communications
staff to update the website. A photo of the board will be taken tonight if there is full attendance.
d) 2016-2018 Strategic Plan for Economic Development—Discussion
EDA Minutes(Regular)
May 26,2016
Page 2
e) Next meeting will be on Thursday, June 23 at 6:30PM.
10. ADJOURN
MOTION by Wilson, second by Cordes to adjourn at 7:43PM p.m. APIF,Motion Carried.
Respectfully submitted,
Sue Miller
Administrative Assistant