HomeMy WebLinkAbout5. Minutes of March 2, 1993 Closed Executive SessionROSEMOUNT PORT AUTHORITY PROCEEDINGS DRAFT
CLOSED EXECUTIVE SESSION
MARCH 2, 1993
Pursuant to due call and notice thereof a closed executive session of the
Rosemount Port Authority was duly held on Tuesday, March 2, 1993 at
6:20 p.m. in the Council Lounge at City Hall, 2875 - 145th Street West.
Chairperson Dunn called the session to order with Commissioners Anderson,
Carroll, Edwards, McMenomy, and Sinnwell present. Also present were
Attorney David Allgeyer, Lindquist and Vennum, Executive Director Jilk, and
Economic Development Coordinator Miller.
The session was closed to allow the Port Authority members to receive legal
advice in confidence.
The purpose of the meeting was to discuss a settlement price to repurchase
the Repairs, Inc. site. Considerable discussion ensued regarding the
purchase price and a timeframe for acquisition.
Consensus was reached to direct Allgeyer to offer Arlyn Cope of Repairs,
Inc. $20,000 upon leaving the premises and inform him that the $12,000 in
escrow would be retained by the Port Authority unless Repairs, Inc.
relocated in Rosemount. Commissioners also agreed that the premises should
be vacated in six months, unless a redevelopment agreement was signed, at
which time Repairs, Inc. would be notified and have 60 days to vacate.
Commissioners concurred that during that six months, the Port Authority
would not collect rent for the property. Allgeyer was directed to advise
Arlyn Cope that the Port Authority was not interested in condemning the
property and had until a reasonable time before the closing to respond to
the offer.
MOTION by Dunn to adjourn the closed executive session. SECOND by
Sinnwell. Ayes: 6. Nays: 0.
Respectfully submitted,
Deborah Widstrom
Recording Secretary