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1988-02-12 CC SpecialCITY OF ALBERTVILLE P. O. BOX 131 ALBERTVILLE, MINNESOTA 55301 PHONE: (612) 497-3384 SPECIAL COUNCIL MEETING FEBRUARY 12, 1988 A special work meeting of the Council was held on February 12, 1988. Persons present included: Mayor Loretta Roden, Council members Gary Schwenzfeier, Donatus Vetsch and Bob Braun; staff people Maureen Andrews, Thore Meyer, Brad Farnham, Bob Miller; Jim Williquette, representing the developer; and Jim LuShine, of the Department of Trade and Economic Development. The purpose of the meeting was to discuss the possibility of the City of Albertville being involved with the development of a 1,500 to 2,500 acre industrial park. Mr. LuShine explained that the State had been contacted by a firm, LONGEVITY CITY USA, INC., located in Illinois, who was interested in developing an air industrial park in the state of Minnesota. The Department of Trade and Economic Development's invlovement is looking for options which create new Minnesota based jobs. Mr. LuShine went on to explain that they had been given a set of criteria from the firm that needed to be met. These criteria included: * There would need to be enough land to develop a park with between 1,500 to 2,500 acres. * The land needed to be located close to a metropolitan area. * The land needed to have easy access to major highway systems. * The land would need to be readily accessable to municipal services. The State then went back to the developer with the following major areas: Minneapolis/ St. Paul, St. Cloud, Mankato and Rochester. It was the developers wish the search for the land focus on the Minneapolis/St. Paul area. The Department of Trade and Economic Development then began to look at land that met the criteria listed above. Mr. LuShine explained why certain areas were ruled out from consideration and why Albertville had been determined to be a good canidate. SOUTHERN SUBURBS - (LAKEVILLE, FARMINGTON, ETC.) -- This area was determined not to be feasible because of the competition with the Airlake Industrial Park in Lakeville. SOUTHWESTERN SUBURBS - (SHAKOPEE, CHASKA, ETC.) -- This area was determined not appropriate for development because of present traffic constraints and limited land access due to the current development .� presently occuring in the areas. Make our City ........ Your City We invite Home, Industry. Business SPECIAL COUNCIL MEETING PAGE 2 EAST SIDE SUBURBS - (WHITE BEAR LAKE, EAST ST. PAUL, MAPLEWOOD, ETC.) -- This area did not meet the criteria set forth by the developer so it was not considered. NORTHWEST CORRIDOR - (ELK RIVER, MONTICELLO, ALBERTVILE, ETC.) This area was determined to be the most feasible to be looked at for the development because the area best matched the criterias set forth earlier in the discussion. Once the area had been determined, the State picked two possible sites, one which included the area around Albertville, St. Michael and Monticello. The second one was located near Elk River. It was later determined that Albertville best suited the needs of the developers. Mr. LuShine stated that the Department of Trade and Economic Development had not contacted any other communities and wouldn't provided the City of Albertville is interested in participating in attacking the firm to the area. Issues discussed included: - Financing of a project of this magnitude. - The need for establishing improvement districts, and getting the necessary options on required land. - Mr. LuShine pointed out that it is important that the land being discussed be under the City's jurisdiction. It was asked if the State would be invloved with the development of the air strip. The answer to this question was that the air strip would be developed using private money. There was some discussion about the fact that sometime in the future the Metropolitan Air Commission (MAC) may get involved with the air strip but that would not likely be for another ten years (at a minimum). - The issue was raised regarding the fact that some type of agreement would need to be developed in order that annexation could occur. - Mr. LuShine was asked if the City of Albertville was competing with the other cities mentioned through an open bidding process. Again the Council was assured that Albertville was the only city submitted to the developer. - It was pointed out that any delays will force the State to look at other areas so that the project is not lost. - A member of the Council asked Jim Williquette if the availability of rail lines was important to the location of the project. Mr. Williquette stated the project could be done without rail access. The group then discussed what type of land was currently available within the City limits for this project and what was the likelyhood of Otsego Township participating in the venture. It was estimated that the City has approximately 300 acres within its corporate boundaries that would likely be the site of the industrial park, and that the remaining portion would have to come from Otsego Township. (This is assuming that the developers will need the total 2,500 + acres in some type of contiguous layout). Mr. Williquette and Mr. LuShine were asked if the developers have done any work in the State of Minnesota prior to this proposal and whether or not they were familiar with Minnesota law regarding tax increment financing and the provisions for condemnation and quick -take provisions. The city SPECIAL COUNCIL MEETING PAGE 3 was informed that the developers have not worked in Minnesota prior to this proposal, but are currently involved with a project in California whose tax increment laws are similiar to Minnesota's. There was discussion regarding the State's assistance in the area of financing a project of this magnitude. Mr. LuShine stated that at this time the City should not assume that there would not be any State money involved for any of the up front costs that the City would occur. Furthermore, he went on to explain that the only likely sources for future money would come in the form of Community Development Block Grants (CDBG) or 504 money. It was pointed out at this time that if this industrial/office complex park would become a reality, it would be the largest park of its kind on the State of Minnesota. Mr. LuShine stated that he needed to hear from the Council whether or not they were interested in the porposal, and if so, they wanted to proceed with the project. It also became apparent that the City would be looking at a fast track time frame, since the developer appears to be interested in some type of ground breaking by early Fall. Issues that would need to be resolved prior to this action would include the City assuring the availability of land, the ability of setting up the needed tax increment districts and necessary financing required for a project of this size, and the assurance of being able to provide the public improvements for the area. The City asked whether or not the developer will be present during the early stages of this project. It appears that Mr. Williquette would serve as the real estate broker for the developer on this end of the project. Mr. Williquette stated that he was planning on going out to California to meet with the representatives of Longevity City, USA, Inc. sometime after February 22nd and would be willing to hand carry the City's response to the proposal. The project was again briefly resummarized, and Mr. LuShine stressed the urgency of the City deciding whether or not they want to be involved in the project. The Council agreed to notify Mr. LuShine and Mr. Williquette of their decision as soon as it was made. At this time Mr. LuShine and Mr. Williquette left, but the remaining group stayed on to discuss the project, what options were available to the City and what would need to be done provided the Council decided to move forward on the project. It was agreed that the City had nothing to loose to take the step to interest in the project and pursue the project. The group then went on to discuss what would need to be done prior to the City contacting the developer. The list included, but was not limited to, the following issues: * Prepare a cover letter from the City acknowledging our interest in the proposal. * Develop a working team to surround the Council to make the project move as smoothly and quickly as possible. * Define a potential area for development on a map. * Meet with a representative of Otsego Township and their attorney as soon as possible to get their reaction to the project. SPECIAL COUNCIL MEETING PAGE 4 The issue of a development team was discussed at some length. It was stressed that the Council would need to surround themselves with a group of experts that would be available to put this project together. Listed below is the team that was agreed upon by the Council: City Administrator - Maureen Andrews Council Liaison - Gary Schwenzfeier City Attorney - Bob Miller City Engineer - Meyer-Rohlin, Inc. Bond Attorney - Briggs and Morgan, Profession Association Tax Increment Specialist - Wilson Management Association Financial Advisor - Juran and Moody, Inc. City Planning Staff - To be selected Prior to this group being confirmed, there were the following discussions: 1. BOND COUNSEL -- The Council was asked how their association with Holmes and Graven came about and how commited they were to stay with the firm. Brad Farnham pointed out that typically he works with the firm of Briggs and Morgan, but that if the Council wanted to stay with Holmes and Graven that it would not present a problem. From the discussion presented it appeared that the association with Holmes and Graven came through the former City Attorney, Gary Meyer. It was pointed out that the City does not have a real close tie with any particular attorney at the firm and have worked with any number of attorneys over the past few years. Brad pointed out that one of the reasons he would recommend Briggs and Morgan is that they are willing to go all out and assist in creating unique financing for projects. He cited an example in Cannon Falls that Briggs had assited in. The Council indicated that they did not have a problem with making a change in bond counsel if they felt that would put together a stronger working team. 2. TAX INCREMENT SPECIALIST -- It was suggested that the Council might want to consider the hiring of a tax increment specialist to assist in developing the needed tax increment districts and help with any relocation issues that are likely to arise from a project of this magnitude. The firm of Wilson Management Services was recommended by Brad Farnham on the basis that Dan Wilson has a great deal of experience in the areas of tax imcrement finance and relocation issues. Brad gave a brief background on Dan and said that he would like to introduce him to the Council provided they agreed to go ahead and hire a tax increment specialist. The Council again stated that if it was the feeling of staff that this was a needed team member that then the City should take steps to secure a firm. And based on Brad's recommendation that Wilson Management Services should be contacted. The minutes should note that Thore has worked with Dan Wilson in the past, as well. 3. CITY PLANNING STAFF -- This discusison was two fold, and included the issue of completing the land use zoning and comprehensive plan and the need to have someone available to do plan reviews for projects that would occur in the park. There was some discussion about likely canidates who would be able to undertake these jobs. After some limited discussion, no action was taken. SPECIAL COUNCIL MEETING PAGE 5 Another issue discussed was the City's exposure in a project of this size. It was agreed that there was a great deal of exposure, but that there was a consensus that it could be limited by the use of a developers agreement, that involvement of the consultants would be limited until such time the City has a feel from the developer how serious they are in the project. Additionally, it was agreed that a public information hearing with the development team, City and Township, be held to stop any rumors regarding the proposal. There appeared to be no other business that could be dealt with the group at the time, so the meeting was adjourned. Prior to adjournment it was agreed that some type of draft would be prepared for the Council's review before the February 16th Council meeting. ��'Ylaunecn`(S.�a�eury