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HomeMy WebLinkAboutHEDRA 11-12-09 Agenda NotesEDRA AGENDA NOTES FOR 11-12-09 III. BILLS Sebesta Blomberg 6,740.00 Hudson-Intek Study, final Fluegel Law 727.50 Xcel lease, Lab Boy closing 684.00 Block 1 Title – balance and final 6,940.91 Property transfers, title review, recording Bradley Deike 448.00 Lab Boy land credit documents City of Hastings 74,917.18 Assessments, downtown streets, watermain City of Hastings 7,589.41 Loan to Biermann to pay City assessment th Hollenbeck 2,172.77 Second draw, rehab at 415 7 Street IV. BUSINESS A. Hudson Manufacturing Co. MnDOT has made an offer to Hudson for right of way acquisition for the new bridge and for the costs of disruption during construction. Staff met with Wayne Beissel, plant manager, on October 14. Confirmed that we both understood the concept: if City could purchase the remainder of the Second Street property, Hudson could purchase Intek and remodel using the money received from the City and MnDOT. Hudson is looking for an offer from the City. We reviewed the Sebesta-Blomberg study of how Hudson could reuse the Intek property with a 30,000 sf addition, and modifications to the existing building. Mr. Beissel thought it would work. Mr. Beissel mentioned that the City should consider their offer in the context of retaining jobs as well as purchasing the Second Street property. Integra Realty has been hired for a phased appraisal for Hudson property remaining after the MnDOT purchase of right of way. Wilson Development is proceeding on the relocation estimate. Report expected by end of month. Wilson will work with the EDRA until the project is completed. Staff expects to be ready to make a proposal to Hudson in early December. Staff will present sources and uses of financing for discussion and direction at the meeting. B. Future EDRA staff. City Administrator Dave Osberg will present his plans on staffing the EDRA after the retirement of John Grossman in February, 2010. C. Commission appointment recommendation. President Pam Holzem will report on the committee’s proposal to the board for a recommendation to Mayor and council to fill Dennis Martodam’s position at year end. See the attached applications. V. Reports A. Future capital needs. City Finance Director Char Stark and EDRA staff have taken a Capital Plan a step further for discussion and direction. B. Economic Development Marketing. Public Relations Coordinator Shannon Rausch will report on the development of an RFP for marketing services. C. Industrial Park. Staff will report on the construction project and the Dental Arts closing. D. Downtown. Planning Director John Hinzman will report recent developments concerning the bridge reconstruction. Director John Grossman will report on the start of the Station Area study and other transit issues. E. Other. The Biermann loan to pay the sewer assessment has been closed.