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EDA-EDAAC Meeting Minutes 1997.05.1CITY OF OTSEGO EDA ADVISORY COMMITTEE MEETING THURSDAY, May 1,1997 WITH THE EDA OTSEGO CITY HALL 1. Call Meeting to order. LeRoy Lindenfelser, EDAAC Chair, called the meeting to order at 7*27 PM. 2. Roll Call. EDAAC MEMBERS: Wallace Odell, Vincent Peterson, Gabriel Davis, LeRoy Lindenfelser EDA MEMBERS: Larry Fournier, Suzanne Ackerman, Vern Heidner, Virginia Wendel, Mark Berning STAFF: Elaine Beatty, City Clerk/Zoning Administrator; Judy Hudson, Deputy Clerk Also in attendance: Jerry Hendricks, Belair Eden Properties, Jim Elmquist, Eden Properties. Pete Sargeant was not able to attend but is one of principals in Belair 3. Discussion of development with Jerry Hendricks and Belair representatives. W. Hendricks started out the discussion stating his group is starting to look at a master plan which includes industry, retail, commercial and residential for Otsego. They have nothing on paper as of yet, but wanted to get a feel from the EDAAC and City Council for Erection and what they are looking for in Otsego. W. Hendricks gave his background which included private business and muncipal administration. Mr. Elmquist also briefly went over his background which included several commercial building developments. Mr. Hendricks said his company is looking at starting out with commercial activities such as a grocery store (40,000 square feet) with 20,000 square feet of retail which will demand municipal sewer. They have not contacted any landowners. What they need to know is if the City is committed to sewer and water and where would they want this located. There was discussion that the City is looking at the 101 corridor for services which would be done in three stages and went over the areas. There was also discussion on the Wild and Scenic and Flood Plain areas. The area between CSAH 42 and 101 would be commercial and industry. It was also explained about the Comp. Plan currently being updated. There was discussion on the following issues: 65th Street access and the frontage road plan. Potential industry on the west side of City Grant money availability Sewer Treatment Plant Location EDAAC Meeting of May 1,1997, cont'd. Page 2. Mr. Hendricks said his company is interested in purchasing land, putting infrastructure in and selling the land off to interested parties. They would build but start with a 10,000 square foot building, dividing it four ways, have small companies come in and there would be a covenants. It was asked how importantCity Financial Package to them. Mr. Hendricks explained what had taken place in the City of Farmington which provided tax increments. It is very important for them to have some assistance from the City. They would look at 160 acres, and each phase would be 40 acres, figuring the first phase would take two to three years to complete with all phases completed over the next 15 years. Sewer capacity is hard to determine, depends on industry etc., most industries would be around 3 to 4,000 gallons per day per acre, 50,000 to 60,000 gallons per day per forty acres. Mr. Hendricks also talked about higher end townhouses, senior housing and high density apartments. Elaine Beatty invited them to the next Otsego/Dayton Sewer Meeting on May 6, 1997. There was further discussion on tax increment financing. Vince Peterson discussed the possibility of the EDAAC doing a Redevelopment Zone Project. There was EDAAC discussion on this and they questioned if they have the capacity or resources. Chair Lindenfelser suggested Mr. Peterson put together a draft as a starting point. Mr. Odell suggested to find out if Otsego would qualify and requested Housing Redevelopment Authority be added to the next EDAAC Agenda. 5. Adourn. Wally Odell motioned to adjourn. Gabe Davis seconded. All in favor. Motion carried. Meeting adjourned at 9:14 PM. Mayor Larry Fournier, President Attest: Elaine Beatty, City Clerk Recorded by: Judy Hudson, Deputy Clerk file; eda5197,wps