HomeMy WebLinkAbout3.d. Minutes of February 1, 1994 Regular Meeting ROSEMOUNT PORT A�JTHORITY PROCEEDINGS DRAFT
REGULAR MEET'Il�1G
FEBRUARY 1, 1994
Pursuant to due call and notice thereof a regular meeting of the Rosemount Port Authority was duly
held on Tuesday, February 1, 1994 at 5:15 p.m. in the Council Chambers at City Hall, 2875 -
145th Street West. � �
Vice-chair Edwards called the meeting to order with Commissioners Carroll, McMenomy, and
Wippermann present. Staff present included Acting City Administrator Wasmund, Economic
Development Coordinator Miller, and port authority attorney Miles.
An addition to the agenda included 8.C. Authorizing Springsted to do Financial Work on Ergotron.
MOTION by Carroll to approve the agenda as amended. SECOND by Anderson. Ayes: 4.
Nays: 0.
Acting City Administrator Wasrnund performed the oaths of office for new commissioners Cathy
Busho, James Staats, and re-appointed commissioner Joan Anderson.
The annual election of officers ensued.
MOTION by Anderson to nominate Kevin Carroll as chairperson. SECOND by Busho.
MOTION by McMenomy to nominate John Edwards as chairperson.
Commissioner Edwards declined.
MOTION by Wippermann to close nominations. SECOND by Staats. Ayes: 7. Nays: 0.
MOTION by Wippermann for unanimous ballot to elect Kevin Carroll as chairperson. SECOND
by Busho. Ayes: 7. Nays: 0.
MOTION by Wippermann to nominate 7ohn Edwards as vice-chairperson. SECOND by
McMenomy.
MOTION by Wippermann to close nominations. SECOND by Staats. Ayes: 7. Nays: 0.
MOTION by Wippermann for unanimous ballot to elect 7ohn Edwards as vice-chairperson.
SECOND by Anderson. Ayes: 7. Nays: 0.
MOTION by Wippermann to nominate Joan Anderson as treasurer. SECOND by Staats.
MOTION by Edwards to close nominations. SECOND by McMenomy. Ayes: 7. Nays: 0.
MOTION by Wippermann for unanimous ballot to elect 7oan Anderson as treasurer. SECOND by
Busho. Ayes: 7. Nays: 0.
MOTION by Anderson to elect Jeff May as assistant treasurer. 5ECOND by Wippermann.
Ayes: 7. Nays: 0.
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ROSEMOUNT PORT AUTHORITY PROCEEDINGS �����
�iEGULAR MEETING
FEBRUARY 1, 1994
masonry business, allowing them to store their construction vehicles inside. She assured the board
that the building would be constructed with a brick or decorative block exterior and would be
aesthetically appealing. Ms. Rhoads also advised that they had no preference as to the location of
the lot or might even consider a less desirable lot if reasonably priced. Ms. Rhoads also confirmed
that they would like the option of purchasing a second lot.
Commissioners agreed that decisions regarding land pricing and the assessment policy should be
made final before making a determination on the sale of property to the Rhoads.
Economic Development Coordinator Miller advised that it was decision making tune regarding the
Johnsons' request for a financing amendment to the Shamrock Square Office building project. The
Johnsons have indicated that for their project to be successful they must reduce the cost of the
building and debt repayment and therefore must have up-front tax increment fmancing instead of the
initial request of pay-as-you-go financing. Dr. Kerry Johnson was allowed to speak and informed
the board that he concuned with Springsted's report commenting on the viability of the Shamrock
Square project. Port authoriry attorney Mile and Mr. Drown commented on the amount of o
authority risk if the p ojec woul go ' t��pt�Y• m�( � 7 r�� n c b►'h,rn,��e �`�
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Commissioners Anderson, McMenomy, and Staats felt that the risk was too high and did not want to
continue. Commissioners Wippermann and Carroll felt that a development agreement should
eliminate risk and the project was worth additional study. Commissioner Edwards commented that
it was fruitless to continue with the discussion since a majority of the councilmembers sitting on the
port authority had voiced negative responses to continue with the proposal.
MOTION by Edwards to table this item in anticipation of a direction from the city council in the
form of their advisory motion and ask that the president of the council consider, at their next
meeting or therefafter, developing an advisory resolution to bring back to the part authority.
SECOND by McMenomy. Ayes: 7. Nays: 0.
Because of time constraints, Chair Carroll defened the remainder of the agenda items to the next
port authority meeting.
Commissioners agreed to reschedule their March 1, 1994 meeting to Wednesday, March 2, 1994.
The change was necessary due to state law prohibiting public meetings being held on the evening
designated for precinct caucuses.
MOTION by Wippermann to adjourn. SECOND by Eciwards. Ayes: 7. Nays: 0.
Meeting adjourned at 7:30 p.m.
Respectfully submitted,
Deborah Widstrom
Recording Secretary
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