Loading...
HomeMy WebLinkAboutII.A. Minutes - Regular MeetingHEDRA HASTINGS ECONOMIC DEVELOPMENT and REDEVELOPMENT AUTHORITY The Hastings Economic Development and Redevelopment Authority of the City of Hastings, Minnesota met in a regular meeting on Thursday, October 14, 2021 at 6:00 p.m. at Hastings City Hall. HEDRA Commissioners Present: Peine, Sinclair, Sullivan, Horsch, Braucks, and Vaughan HEDRA Commissioners Absent: Goblirsch Staff Present: Community Development Director John Hinzman Economic Development Coordinator Eric Maass City Administrator Dan Wietecha I. Quorum A quorum was established and the meeting was called to order by President Peine at 6:00 PM with six members present. II. Minutes Motion by Commissioner Sullivan to approve the minutes from the September 9th 2021 Regular Meeting and Closed-Door Meeting as presented. Seconded by Sinclair. Ayes 6; Nays 0. Motion approved. III. Bills Hinzman summarized the bills. Commissioner Braucks motioned to approve as presented, seconded by Commissioner Sullivan. Ayes 6; Nays 0. Motion approved. IV. Business A. Industrial Park Property Sale - WSI Sportswear 1. Public Hearing to Consider Sale of HEDRA Owned Property – a. Maas Summarized: The property would qualify for the land for a dollar program based on the construction credit. The business also predicts 10 jobs initially and then 10 more jobs over the next 5 years. Due the construction material availability, the company’s proposed time line is (on or before): land us app: 01-15-22, closing date: 04- 01-23, construction start: 05-01-23, construction complete: 10-31-23. b. Joel Wiens owner of WSI Sportswear provided background on the company’s operation and plans for development. They create cold weather football gear primarily for high school and college athletes with some success within the NFL. The also create for other outdoor sports Materials have always been made in Minnesota. The factory is in Eagan. They have about a dozen employees. No one else spoke during the hearing. c. Motion to close the public hearing by Commissioner Braucks, seconded by Commissioner Sullivan. Ayes 6; Nays 0. Motion approved. 2. Resolution 2021-17 Authorize Signature - Purchase and Development Agreement – Dream1 LLC (Lot One – Block Two, Hastings Industrial Park #7.) a. Motion to approve the resolution as presented by Commissioner Sinclair, seconded by Commissioner Braucks. Approved 6-0, dates for performance were modified as presented at the meeting. B. Property Acquisition – Adopt Resolution 2021-18 Approving Purchase and Acquisition of PID’s 19-32150-28-085 and 19-32150-28-050 – 412 Vermillion Street. (Country Nites and Parking Lot.) This falls under the development of an underused site in the strategic plan. $240,000 is the negotiated purchased price (assessed as $266,000.) City currently maintains snow removal on the lot for fire dept parking. Building to remain vacant to keep open for future projects within redevelopment. Motion to approve the resolution by Commissioner Horsch, seconded by Commissioner Sullivan. Approved 6-0 as presented. C. Consider Revolving Loan Program Revisions - Discussion of changes to the existing program to have a set interest rate that may be reduced if certain measures were met. Commissioners generally supportive of changes. No formal action taken, revisions will be presented at a future meeting for action. V. Reports and Information A. Shovel Ready Update - Staff will purse Shovel Ready Certification of the Hastings Industrial Park through Minnesota Department of Employment and Economic Development, similar to the existing certification through Xcel Energy. B. BR&E Visit Report – Halal Foods – Site visit alongside Hastings Chamber of Commerce on Oct. 4th. Started as retail in Burnsville. They are currently renting a portion of the building owned by Ferguson HVAC supply. Halal Foods is now a wholesale business and a little bit of retail in front with a desire to add 30 new employees. D. Downtown Architectural Assessment - Staff proposed development of a façade improvement grant program in lieu of a structural study of downtown buildings due to limited response from consultants and desire of property owners. Staff submitted a CDA grant to cover half ($12,500) of the study. This could be used instead as seed money for the program. Commissioners discussed the change and were in favor. No formal action taken. The grant program would be presented at a future meeting. C. Development Update - Discussion of Fleet Farm purchase of the former Target building – demoing currently, no tire service, no gas pumps, lumber yard in nearby parking lots. Hoping to open after summer of 2022. Summergate annexation, council approved the Siewert apartments building, school house square is ground breaking next week. Custom Sawdust is still held to land grant program criteria with City owning property in the meantime. VI. Closed Door Session - Review Potential Purchase of Property - Commissioners met in closed door session to review potential property purchase on Block 28. Motion to begin the closed-door session and close the regular meeting by Commissioner Sullivan and seconded by Braucks. Closing of the public section of the meeting is approved 6-0. VI. Adjourn Adjourned the meeting at 7.45 p.m. Motion passed 6-0. Meeting adjourned. Next Meeting: WEDNESDAY, November 10th (in observance of Veterans Day) https://www.youtube.com/watch?v=9FNVq3mdF-o Respectively Submitted: Lindsay Anderson