04-10-1995 EDA MIN - Laserfiche WebLink

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Economic Development Authority Minutes April 10, 1995 Page 2 6. Statement Of Expenses Bill Rubin reviewed the EDA's Statement of Expenses payable to the City of Elk River in the amount of $24,843.68 for the period ended December 31, 1994. Bill Rubin requested that the EDA add $1,000.00 to the statement for administrative services rendered throughout the year-thereby bringing the total to $25,843.68. COMMISSIONER DWYER MOVED TO APPROVE A PAYMENT TO THE CITY OF ELK RIVER IN THE AMOUNT OF $25,843.68 AS REIMBURSEMENT FOR COSTS FOR THE PERIOD ENDING DECEMBER 31, 1994. COMMISSIONER FARBER SECONDED THE MOTION. MOTION CARRIED 7-0. 7. Consider A Consent To Easement And Maintenance Aareement By And Between Guardian Anoels Health Services And Elk River Auto Mall Executive Director Bill Rubin stated that the Elk River Auto Mall wishes to execute a nonexclusive easement for drainage and ponding purposes with the Guardian Angels Health Services, Inc., who is the adjacent property owner. Bill Rubin further explained that because an EDA loan encumbers the Auto Mall property, it is necessary for the EDA to consent to the terms and conditions of the proposed easement. COMMISSIONER SCHEEL MOVED TO AUTHORIZE THE EDA PRESIDENT AND EXECUTIVE DIRECTOR TO EXECUTE A CONSENT TO AN EASEMENT AND MAINTENANCE AGREEMENT. COMMISSIONER BENDER SECONDED THE MOTION. MOTION CARRIED 7-0. 8. Discuss Citv Neqotiations With School District 728 Reqardino An EDA Owned Site In The Elk River Industrial Park Executive Director Bill Rubin explained that School District 728 is considering two sites for which to construct a Public Works Facility. He indicated that one of the sites is an EDA-owned site in the Elk River Industrial Park, legally described as Lot 8, Block 1. Bill Rubin explained that the site would only allow a 15,000 to 20,000 square foot industrial user due to wetland restrictions. Commissioner Dwyer questioned whether the site in the Industrial Park would be big enough to accommodate the School District's space needs. Commissioner Dwyer further indicated his concern regarding the fact that this is the City's last available industrial lot. Commissioner Bender stated that Lot 8 has many restrictions due to the wetlands and because of this there would be no chance for any expansion on the lot. He indicated he did not feel the lot was prime real estate property and stated he would be in favor of selling the lot to the School District.