Loading...
HomeMy WebLinkAboutHEDRA Minutes - 2022.08.11HEDRA HASTINGS ECONOMIC DEVELOPMENT and REDEVELOPMENT AUTHORITY The Hastings Economic Development and Redevelopment Authority of the City of Hastings, Minnesota met in a regular meeting on Thursday, August 11th, 2022 at 6:00 p.m. at Hastings City Hall. HEDRA Commissioners Present: Goblirsch, Vaughan, Anderson, Braucks, and Johnson HEDRA Commissioners Absent: Horsch and Sinclair Staff Present: Community Development Director John Hinzman I. Quorum A quorum was established and the meeting was called to order by President Goblirsch at 6:00 PM with four members present. A. Oath of Office: HEDRA Commissioner Ben Anderson - Oath of Office was administered by John Hinzman to Commissioner Anderson. II. Minutes Motion made by Commissioner Johnson and seconded by Commissioner Braucks to approve the minutes from the July 14th 2022 Regular Meeting Ayes 5; Nays 0. Motion approved. III. Bills Hinzman summarized the bills. Motion made by Commissioner Johnson and seconded by Commissioner Anderson to approve the bills. Ayes 5; Nays 0. Motion approved. IV. Business A. Authorize One Month Façade Improvement Grant Extension for 119 2nd Street (El Mexican) and 2216 Vermillion Street (River City Interiors). Amended to include a two-month extension for both projects. • Motion made by Commissioner Vaughan and seconded by Commissioner Braucks Approved 5-0 as amended. B. Authorize Two Month Façade Improvement Grant Extension for 1800 Vermillion Street (Clear Choice Pool & Spa). • Motion made by Commissioner Vaughan and seconded by Commissioner Braucks Approved 5-0 as presented with limited discussion. C. Resolution #2022-29 Approving Amendment #1 to the Development Contract between River City Investments, LLC and HEDRA – • 32 apartment building – Siewert is interested in re-bidding and moving the closing date back to August 1st 2023 with construction in spring 2023 • There is grant from Dakota Co that would become void unless there is at least one draw on the grant proceeds prior to December 31st, 2022. Siewert is considering demolition of the home on the property prior to the deadline to qualify to apply for a one year extension to the Dakota County Redevelopment Incentive Grant. • Motion made by Commissioner Vaughan and seconded by Commissioner Johnson Approved 5-0. Board seeks more frequent updates on progress. D. Approve Consent and Estoppel Certificate for Lake Isabelle Flats, LLC • Approved by HEDRA attorney. • Motion made by Commissioner Anderson and seconded by Commissioner Johnson. Approved 5-0 as presented with limited discussion. E. Discussion of “Land for A Dollar” Incentive Program – • Motion to rescind the Land for a Dollar Program made by Commissioner Braucks and seconded by Commissioner Vaughan approved 5-0. • Discussion on the need for more resources to assist with future Industrial Park Development with more emphasis on jobs creation. V. Reports and Information A. Update on Intek Plastics Inc Expansion • Application for the Job Creation Fund and Minnesota Investment Fund were approved for $450,000 and $975,000 respectively. • Contracts are being defined right now. B. Open to Business Update • 9 business enquires and 6 resident inquiries • Helped out with Spiral Foods co-op expansion C. Development Updates • Business incubator – setting guidelines • Approval for KFC construction • Fleet Farm opens Sept. 9th • Makers market alleyways – few dates left • Interim use permit for ice rink at united heroes league – will be paved over at a later date. • Heritage ridge is going through approval for last addition • Enclave apts has closed, building permits soon, agreements soon • Confluence – mechanical and electric is being put in, window work • If the work is not completed by Oct. 31st 2022 – HEDRA is not responsible for paying on the Tax Increment Financing note as a a result of the Minimum Assessment Agreement between HEDRA and the Developer. VI. Adjourn A. Adjourned the meeting at 6:37 p.m. Motion made by Commissioner Johnson and seconded by Commissioner Vaughan to adjourn the meeting. Motion passed 5-0. Meeting adjourned. Next Meeting: September 8th, 2022 https://www.youtube.com/watc h?v=q6F-0tc6tGA Respectively Submitted: John Hinzman