Minutes

of the

Regular Meeting Of

DETROIT LAKES DEVELOPMENT AUTHORITY

Tuesday, October 3, 2006 4:30 PM

Conference Room

 City Administration Building

MEMBERS PRESENT:     Jim Anderson, Tom Klyve, Dixie Johnson, Mark Hagen, Matt Brenk

MEMBERS ABSENT:      Tim Olson, Greg Hildenbrand

OTHERS PRESENT:       Larry Remmen, Community Development Director, Nancy Wichmann, Richard  Grabow, Jim Wood, Scott Bristlin

I.       Call To Order:

          Chairman Jim Anderson called the meeting of the Detroit Lakes Development Authority to order at 4:30 PM in the Conference Room of the City Administration Building, 1025 Roosevelt Avenue on Tuesday, October 3, 2006. All members of the Authority having been duly notified of the meeting and the business to be transacted.

II.     Minutes:

        The minutes from the regular meeting held September 19, 2006 were reviewed and corrected to list Matt Brenk as absent.  The minutes were unanimously approved as corrected.

III.    Financials:

A.      None

IV.    Old Business:

A.      Discuss Tax Increment Financing Policy

          Chairman Jim Anderson suggested the Authority defer the discussion of the Tax         Increment Financing Policy to a later date when more time for discussion is available.

V.      New Business

A.      Public Hearing To Give Consideration To TIF Assistance For Pleasant Acres Three

          Chairman Jim Anderson opened the public hearing.  Larry Remmen reported that this was a continuation of the former Pleasant Acres projects (Phase III).  The request was for $280,000 in tax increment financing to construct 26 owner/occupied single family homes.  The District is expected to last about fifteen years.  This project pays off the special assessments when the homes are sold.          Chairman Anderson closed the public hearing.  A motion was made by Commissioner Matt Brenk, seconded by Commissioner Dixie Johnson to approve tax increment financing district 27-1 and the Development Agreement with Heartland Homes for this project.  Commissioner Tom Klyve abstained from the vote. 

VI.    Other

A.      Consideration to the sale of Lot 5, Block 2 Detroit Lakes North Industrial Park

        Scott Bristlin and Jim Wood were present with a request to purchase the final lot in the Detroit Lakes North Industrial Park, Lot 5 Block 2. Plans are to construct a 10,000 square foot building. Their offer is for $23,000. This lot consists of 12,000 SF of wetland requiring a lot of excavation work and fill.   Larry Remmen reported the lots generally have sold for $30,000 and the Authority has approximately $18,000 into each lot so the costs would be covered.   A motion    was made by Commissioner Matt Brenk, seconded by Commissioner Dixie Johnson to accept the offer of $23,000 for Lot 5 Block 1, Detroit Lakes North Industrial Park with the stipulation that construction of a building takes place within one year.  Commissioner Tom Klyve abstained from the vote. 

B.      Consideration to the request of Curt Briggs regarding the purchase of Lot 4, Block 1 Detroit Lakes North Industrial Park 

        Larry Remmen reported that Curt Briggs, who owns Lot 5 Block One Detroit Lakes North Industrial Park, and is purchasing Lot 4 Block One Detroit Lakes North Industrial Park, would like an extension of the year’s construction stipulation to 18 months and also to allow construction of a building on either Lot 4 or Lot 5 to meet the Authority’s criteria.  A motion was made by Commissioner Tom Klyve, seconded by Commissioner Matt Brenk, and carried unanimously to deny the request of Curt Briggs.

          VI.    Adjournment

        There being no further business to bring before the Board, the meeting was adjourned.                                

                                                                Signed                                                                                                              

Larry Remmen                                                                                                    

Community Development Director