HomeMy WebLinkAbout20231017 MinutesROSEMOUNT PORT AUTHORITY
REGULAR MEETING PROCEEDINGS
OCTOBER 17, 2023
CALL TO ORDER/PLEDGE OF ALLEGIANCE
Pursuant to due call and notice thereof, a regular meeting of the Rosemount Port Authority
was held on Tuesday, October 17, 2023, at 6:00 PM. in Rosemount Council Chambers, 2875
145th Street West.
Chairperson Essler called the meeting to order with Commissioners Freske, Weisnesel, Theisen,
Ober, Beaudette and Klimpel.
ADDITIONS OR CORRECTIONS TO AGENDA
Agenda approved as presented.
CONSENT AGENDA
Motion by Klimpel Second by Ober
Motion to approve consent agenda
Ayes: 7.
Nays: None. Motion Carried.
a. Minutes September 19, 2023
CHAIRPERSON’S REPORT
None
REPORTS FROM PORT AUTHORITY COMMISSIONERS
Commissioner Weisensel suggested having a representative attend a meeting to discuss
workforce development and noted the Lakeville Works program.
NEW BUSINESS
a. Copper Pint Development Financial Assistance Request
Economic Development Director, Van Oss, discussed how staff has been working with
Shakopee, LLC (Willy McMoys/Copper Pint) on a new restaurant development near
the Life Time project. The project would consist of a 7,500-foot restaurant with a
rooftop patio and a banquet area.
Mr. Van Oss recapped the action by the Rosemount Port Authority which created a
spending plan for the Tax Increment Financing Downtown Brockway District. Under
state statute, the spending plan gives the Port temporary authorization to transfer
unobligated tax increment to provide financial assistance in any form to private
development consisting of the construction or substantial rehabilitation of buildings,
which will create or retain jobs in the State. The statute requires private
development to commence no later than December 31, 2025. The proposed
development by Shakopee, LLC fits within the requirements of the spending plan and
aligns with the City's long vision and strategic goals. If the Port Authority chooses to
not move forward on a business subsidy agreement by the end of 2025, the TIF can
only be used in the downtown district.
Rebecca Kurtz of Ehler's was also present further elaborating on the financial analysis
of the request. Ms. Kurtz noted if the funds are not utilized by the end of 2025, it is
not a use it or lose it situation. However, the Port Authority will be limited to what
the funds can be utilized for.
Port Authority questioned whether other potential establishments were aware of
this opportunity and Mr. Van Oss confirmed others were aware.
Chairperson Essler opened the public hearing at 6:41 p.m.
Developer for Shakopee, LLC (Willy McMoys/Copper Pint)
The developer further discussed the project and concept of the establishment, noting the
concept will be similar to their Shakopee location. The developer believes this
Rosemount location is best suited for their establishment.
Motion by Essler Second by Theisen
Motion to close the public hearing
Ayes: 7.
Nays: None. Motion carried.
Motion by Council Member Essler Second by Council Member Theisen
Motion to direct staff to move forward on a Business Subsidy Agreement with
Shakopee, LLC.
Ayes: 7.
Nays: None. Motion Carried.
OLD BUSINESS
a. Project Updates
Economic Development Coordinator, Van Oss, provided a brief update on the status
of current projects. Commissioner Freske encouraged staff as we continue to move
forward with projects to ensure community engagement is taking place. Mr. Van Oss
highlighted several of the recent ribbon cuttings that have taken place.
DISCUSSION
Commissioner Ober questioned what advertisement for promoting Night on Town would take
place? Staff are working with Communications Manager, Stoffel, on promotions.
DIRECTOR’S REPORT
None
COMMUNITY/AUDIENCE RECOGNITION
ADJOURNMENT
There being no further business to come before the Port Authority at the regular meeting and
upon a motion by Essler and a second by Theisen the meeting was adjourned at 6:52 p.m.
Respectfully submitted,
Erin Fasbender
City Clerk