2020-07-27 Special Council Meeting MinutesCITY OF MENDOTA HEIGHTS
DAKOTA COUNTY
STATE OF MINNESOTA
Minutes of the Special Meeting
Held Monday, July 27, 2020
Pursuant to due call and notice thereof, the special meeting of the City Council, City of Mendota Heights,
Minnesota was held at 1:30 p.m. at City Hall, 1101 Victoria Curve, Mendota Heights, Minnesota.
CALL TO ORDER
Mayor Garlock called the meeting to order at 1:30 p.m. Councilors Duggan, Miller, Paper, and Petschel
were also present.
Also present were: Mark McNeill, City Administrator; Cheryl Jacobson, Assistant City Administrator;
Tim Benetti, Community Development Director; Andy Pratt, City Attorney.
AGREEMENTS FOR THE SALE OF THE VILLAGE LOTS
City Attorney Andy Pratt explained the Developer's Agreement that was before the Council for their
consideration. He stated that this is a byproduct of the purchase agreement with the developer. The
closing on this property has been set for Wednesday, July 29, 2020.
The property includes the three undeveloped lots and one outlot located at The Village development. It
was noted that the plat will be approved after the closing on the property. Attorney Pratt explained the
definition of the project, the development requirements, the parkland dedication funds totaling $192,000,
and the financial security. This agreement will be recorded with Dakota County
Mr. Pratt reviewed the 3`d Amendment to the Real Estate Purchase Agreement and Escrow Agreement
and the Trail and Utility Easement and Maintenance Agreement. It was noted that the outlot will be
deeded to the developer, and once the plat is approved, the outlot will then be deeded back to the city.
The developers were present to answer questions from the Council. They expect to break ground next
week and expect that the project will be completed in 12 months.
Councilor Petschel moved to approve the Development Agreement with MH Development, LLC.
Mayor Garlock seconded the motion.
Ayes: 5
Nays: 0
Councilor Petschel moved to approve the 3`d Amendment to the Real Estate Purchase Agreement and
Escrow Agreement with MH Development, LLC.
Mayor Garlock seconded the motion.
Ayes: 5
Nays: 0
Mayor Garlock moved to approve the Trail and Utility Easement and Maintenance Agreement with MH
Development LLC.
Councilor Duggan seconded the motion.
Ayes: 5
Nays: 0
DISCUSSION OF CITY ISSUANCE OF CONDUIT DEBT
City Administrator Mark McNeill explained that the city was asked to indicate whether it is interested in
issuing conduit debt on behalf of a non-profit agency with no direct ties to Mendota Heights. All city
costs would be covered, and, in exchange, the city would receive an application fee and a small
percentage of the par value of the bonds. This issuance would not affect the City's credit rating. A
public hearing would be needed.
The Council directed staff to work with the non-profit agency for the issuance of this conduit debt.
ADJOURN
Councilor Duggan moved to adjourn.
Council Petschel seconded the motion.
Ayes: 5
Nays: 0
Mayor Garlock adjourned the meeting at 2:10 p.m.
Neil Garlock
Mayor
AT:TEZS.L.
Lorri Smith
City Clerk
,July 27, 2020 Mendota Heights Special City Council Meeting Page 2 oft