01-11-1993 EDA MIN - Laserfiche WebLink

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. . . Economic Development Authority Minutes January 11, 1993 Page 3 President Gongoll requested information from Gary Santwire as to his progress regarding the 30-day extension to the Main Street property. Gary Santwire stated that he became involved in this project to assist the City to do something with the site. He indicated that this is not a market or developer driven project. He stated that the City needs to lead the project because it is owned by the City. He further stated he has no desire to receive any free money for the project. He further indicated that although the City has invested $112,000 in the site, the project will need more money from the City than it has already invested. Gary Santwire stated that he will assist the City, but will not front the project. He further indicated that he is opposed to Tax Increment Financing, but feels that this property does need assistance. Discussion was held between Gary Santwire and the EDA regarding the fact that Gary Santwire had stated that he would meet with staff prior to this EDA meeting to determine a dollar amount involved in the project. Gary Santwire stated that he did meet with staff, however, when trying to discuss the project he received no clear answer from staff. Pat Klaers, Executive Director, stated that staff needs to see a project with dollar amounts prior to responding to a proposal. Gary Santwire stated that there has been no effort made on the Economic Development Authority to front this project. stated that the figures the City had, which he presented EDA meeting, were enough to calculate the tax levels. the part of He further at the last It was suggested that a meeting be held with President Gongoll, Vice President Dwyer, Gary Santwire, the Executive Director, and Bill Rubin to resolve this issue. Gary Santwire indicated he would like to receive input from the new EDA members regarding this issue. Commissioner Dietz indicated that he felt the City should be open to receiving other offers on the site. President Gongoll indicated that he felt the EDA should allow Gary Santwire time to continue with the proposal that he had previously presented to the EDA. COMMISSIONER HOLMGREN MOVED TO DIRECT PRESIDENT GONGOLL, VICE PRESIDENT DWYER, GARY SANTWIRE, EXECUTIVE DIRECTOR PAT KLAERS, AND BILL RUBIN TO MEET AND DISCUSS THIS ISSUE TO DETERMINE WHETHER OR NOT GARY SANTWIRE IS INTERESTED IN DOING THE PROJECT AND TO PRESENT THIS INFORMATION AT THE FEBRUARY 8, EDA MEETING. COMMISSIONER SCHEEL SECONDED THE MOTION. Commissioner Duitsman indicated he was interested in other offers for the site. Commissioner Duitsman also indicated that if the project cannot be developed an alternative would be to create a park out of the site. THE MOTION CARRIED 7-0.