Loading...
HomeMy WebLinkAboutCity Council - 10/31/1981 - Special Meeting APPROVED MINUTES EDEN PRAIRIE CITY COUNCIL SPECIAL MEETING SATURDAY, OCTOBER 31 , 1981 10:00 a.m. , CITY HALL COUNCIL MEMBERS: Mayor Wolfgang H. Penzel , George Bentley, Dean Edstrom, Paul Redpath, and George Tangen COUNCIL STAFF : City Manager Carl J. Jullie, Finance Director John D. Frane, and Director of Planning Chris Enger I. ROLL CALL - all members were present II. APPROVAL OF AGENDA AND OTHER ITEMS OF BUSINESS MOTION: Redpath moved, seconded by Edstrom, to approve the Agenda as published. Motion carried unanimously. III . PUBLIC HEARINGS A. Request for Municipal Industrial Development Bonds in the amount of $378,000.0O for Spencer Dean, Sr. (Resolution No. 81-215 Larry Griffith, representing the proponent, indicated to the Council that the project would be located in the Lake Ridge .Office Park and would be consistent with the existing and proposed development of this site. He said the two com- panies which Dean is associated with have outgrown their present location and that the new building would be suitable for their present needs with some extra space provided. MOTION: Edstrom moved, seconded by Tangen, to close the Public Hearing and to adopt Resolution No. 81-215. Motion carried unanimously. B. Request for Municipal Industrial Development Bonds in the amount of $250 000.00 for Kinder-Care Resolution No. 81-216 Richard Nordland, representing the proponent, indicated the owners of the pro- perty intend to lease the entire building to Kinder-Care which is a successful nation-wide day care company. Bentley and Tangen expressed concerns over the special meeting today to consider revenue bond applicants desiring approval be- fore Federal legislation could possibly preclude the further issuance of Indus- trial Revenue Bonds. Penzel indicated he felt that the Council was responding to requests for development in the City. Edstrom indicated he shared some of the same concerns, but felt that day care was one of the most important needs of the community. City Council Minutes -2- October 31 , 1981 MOTION: Bentley moved, seconded by Edstrom, to close the Public Hearing .and to adopt Resolution No. 81-216. Motion carried unanimously. C. Request for Municipal Industrial Development Bonds in the amount of $360,000.00 for tittle Red Resolution No. 81-217 Haakon Nyhammer,the owner of Eden Prairie Grocery (Little Red Store) , indicated he had been seeking financing for relocation of his business and has found mortgage money to be very expensive. He stated he wanted to have the option of Industrial Development Revenue Bonds in case the interest rates in the mortgage market would be too high to make his project work out. He also in- dicated the County Road 4 and Valley View Road improvements have disrupted his business. MOTION: Tangen moved, seconded by Edstrom, to close the Public Hearing and to adopt Resolution No. 81-217. Motion carried unanimously. 0. Request for Munici al Industrial Development Bonds in the amount of $3,500,000.00 for Eden Prairie Ppo__ t 100 Resolution No. 81-218 Gary Yinger and Jerome Hertel , represented the proponent. They stated the project was in anticipation of the Federal Iegislation and the purchase of a manufactured home builder in Nebraska. Bentley and Tangen again expressed concerns over the special meeting. Bentley said a positive action by the Council relative to finan- cing was in no way intended to sanction the pending rezoning and the reviewing commissions should be so informed. All concurred. MOTION: Redpath moved, seconded by Edstrom, to close the Public Hearing and to adopt Resolution No. 81-218 subject to rezoning. Motion carried unanimously. E. Request for Municipal Industrial Development Bonds in the amount of $410002000.00 for Hoyt Resolution No. 81-219 Steven Hoyt, an owner of the project,said their business had outgrown the facilities presently occupied and needed space for further expansion. Relative to Council concerns about the space to be leased to others. he stated the southwest area had a 95% occupancy factor and their first building was essentially 100% leased and the new project was expected to be pre-leased before construction. MOTION: Redpath moved, seconded by Tangen, to close the Public Hearing and to adopt Resolution No. 81-219. Motion carried unanimously. IV. SCHEDULE FOR CODIFICATION REVIEW The Council discussed the procedures which should be adopted in order to conclude the process as rapidly and efficiently as possible. It was decided to meet at 'feast once a month on the second Tuesday for three hour sessions. Enger responded to Council 's questions as to how the Council should proceed; he said the Council should try to con- cern itself with policy and leave the drafting of the ordinance to the Staff and City Attorney. All concurred. City Council Minutes -3- October 31, 1981 Chapters 1, 2, 11, 12, and 13 were scheduled for review in that order. A meeting was scheduled for November 10, 1981, at 7:30 p.m. at which time the goal will be review of Chapters 1, 2, and 11. Chapter 12 could be reviewed if time remains. December 19, 1981 , and January 12, 1982, at 7:30 p.m. were also set as dates for review. V. NEW BUSINESS There was none. VI. ADJOURNMENT MOTION: Redpath moved, seconded by Edstrom, to adjourn the meeting at 12:00 noon. Motion carried unanimously. 61 r.. F r i f. i f . f ✓ d