HomeMy WebLinkAbout08-29-84 Special Mtg.
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Hastings, Minnesota
August 29, 1984
The City Council of the City of Hastings, Minnesota met in
a special meeting on Wednesday, August 29, 1984 at 7:30 p.m. in the
Council Chambers of the City Hall.
Members Present: Councilmen Karnick, Nesbitt, Klimek, Pike,
Werner, and Mayor Stoffel.
Members Absent:
Councilmen Plan, Kulzer, and Trautmann.
The City Administrator/Clerk, Gary E. Brown, gave a presentation
of the Tax Increment Financing District (T.1. F.) in an Energy Park of the
Industrial Park. There was considerable discussion between Members of the
Hastings Housing and Redevelopment Authority, the City Council, and Murray
Laub of Master Incorporated.
Moved by Councilman Nesbitt, seconded by Oouncilman Werner
to approve the plan to relocate Master Incorporated from 105 Tyler Street
to the Industrial Park with the Community ~evelopment Block Grant Comnlitment
of $200,000 through Dakota County HRA and with the Development of the T.I.F.
District in an Energy Park of the Industrial Park, not to exceed $520,000,
but not less than $420,000 for a period of ten (10) years, contingent upon
the T.r.F. District being approved by all authorities and on written agree-
ments between Mr. Laub and the City concerning energy and performance
standards. Ayes, 5; Nayes, None.
Moved by Councilman Karnick, seconded by Councilman Klimek
to adjourn the meeting at 9:08 p.m. Ayes, 5; Nayes, None.
ATTEST:
LASERFtCHED
MAY 2 3 2001