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121001 EDA AgP 'II '40 CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MONDAY, DECEMBER 10,2001 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS 8:00 P.M. or immediately following Regular Councll meeting AGENDA 1. CONVENE Ec:ONOMlC DEVELOPMENT AUTHORITY MEETING A. Roll Call President Love Garfunkel Lizee Zerby _ Turgeon _ B. Review Agenda 2. APPROVAL OF MINUTES A. EDA Minutes of October 22,2001 (Att.-#2A Minutes) 3. NEW BUSINESS A. Agency Agreement for Public Safety Facilities (Att.-#3A) 4. OTHER BUSINESS 5. ADJOURN CITY OF SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY MEETING MONDAY, OCTOBER 22,2001 5755 COUNTRY CLUB ROAD COUNCIL CHAMBERS 8:00 P.M. or immediately following Regular meeting MINUTES 1. CONVENE ECONOMIC DEVELOPMENT AUTHORITY MEETING President Love called the meeting to order at 8:34 P.M. A. Roll Call Present: President Love; Commissioners Garfunkel, Lizee, Turgeon, and Zerby; Executive Director Dawson; Assistant Director Nielsen; Assistant Treasurer Burton; and Attorney Neal J. Blanchett, of Larkin, Hoffman, Daly, and Lindgren, Ltd. for Attorney Keane Absent: None B. Review Agenda President Love reviewed the Agenda, and without objection from the Board, moved forward with the meeting. 2. APPROVAL OF MINUTES A. EDA Minutes of October 8, 2001 Zerby moved, Turgeon seconded, approving the EDA Meeting Minutes of October 8, 2001, as presented. Motion passed 5/0. 3. NEW BUSINESS A. Reimbursement Resolution Executive Director Dawson explained the City of Shorewood had expended funds, with City Council approval, on behalf of the Excelsior Fire District Project. This action was undertaken with the intent that the City would be reimbursed for these expenditures from the proceeds of the sale of bonds by the Shorewood Economic Development Authority for this project next spring. As a result, this matter was placed on this Agenda for review and consideration. Garfunkel moved, Zerby seconded, adopting RESOLUTION NO. 01-001, "A Resolution Declaring the Official Intent of the Shorewood Economic Development Authority to Reimburse Certain Expenditures from the Proceeds of Bonds to be Issued by the Authority." Motion passed 5/0. 4. OTHER BUSINESS There was no other business for consideration this evening. 'fr d f1 ECONOMIC DEVELOPMENT AUTHORITY OCTOBER 22, 2001 Page 2of2 5. ADJOURN Zerby moved, Turgeon seconded, adjourning the October 22, 2001, Shorewood Economic Development Authority Meeting at 8:35 P.M. Motion passed 5/0. RESPECTFULLY SUBMITTED, Sally Keefe, Recording Secretary Woody Love, President Craig W. Dawson, Executive Director SHOREWOOD ECONOMIC DEVELOPMENT AUTHORITY 5755 Country Club Road Shorewood, Minnesota 55331-8927 (952) 474.3236 TO: FROM: DATE: SUBJECT: Shorewood Economic Development Authority Commissioners Craig W. Dawson, Executive Director I\~ December 6, 2001 VV Cooperative Agreement with EFD and SLMPD The scope of the public safety facilities project is now better defined, as all of the member cities of the South Lake Minnetonka Police Department (SLMPD) have made commitments to the construction of a new police station with the Excelsior Fire District (EFD) main station at 24140 Smithtown Road. A decision on the east-side station site, which will be located in the City of Deephaven, is imminent. In order for the project to be expedited, the EDA should enter into a three-party cooperative agreement with the EFD and SLMPD. Bond counsel has prepared an agreement that has been reviewed and found to be satisfactory by all parties and their attorneys. Under this agreement, . The fire and police districts would be able to engage architectural, engineering, and related services for the new facilities. The EDA would be able to participate in this process. . The costs incurred by the EFD and SLMPD would be reimbursable through proceed from financing arranged by the EDA. Should the project not be built, however, the EFD and SLMPD would be responsible for the costs incurred. . The EDA will be the party responsible for preparation of bid documents and award of bids. In practicality, the EFD/SLMPD architect would prepare bid documents per direction of the EFD and SLMPD governing boards; award of the bids would be made by the EFD after receiving the recommendations of the EFD and SLMPD governing boards. With regard to the west-side public safety site, it is anticipated that a condominium-type arrangement will be made for the fire and police portions of the property. The EDA will remain the owner/landlord until fmancing is retired, but the tenants would be responsible for all necessary maintenance, repairs, and improvements. With regard to the east-side fire station, the EDA and the City of Deephaven will need to enter into a cooperative agreement for construction of this facility. A cooperative agreement similar to this agenda item will need to be executed between the EDA, Deephaven, and EFD. RECOMMENDATION: Staff recommends that the Shorewood Economic Development Authority approve and authorize execution of the Cooperative Agreement with the Excelsior Fire District and the South Lake Minnetonka Police Department related to the planning and construction of new public safety facilities. =1t ~3 It COOPERATION AGREEMENT TIDS AGREEMENT, entered into as of this _ day of , 2001, by and among the Shorewood Economic Development Authority, a public body corporate and politic under the laws of the State of Minnesota (hereinafter called "EDA"), the Excelsior Fire District, ajoint powers organization under the laws of the State of Minnesota (hereinafter called "Fire District"), and the South Lake Minnetonka Police Department, a joint powers organization under the laws of the State of Minnesota (hereinafter called "Police Department"). WI1NESSETH: WHEREAS, pursuant to Minnesota law, including but not limited to Minnesota Statutes, Sections 469.041, 469.101, and 471.59, the EDA, the Fire District, and the Police Department are authorized to enter into agreements permitting cooperation on certain matters; and WHEREAS, the EDA is in the process of arranging lease-purchase fmancing for the construction and equipping of two fire stations to be owned by the EDA and utilized by the Fire District (the "Fire Project") and a police station to be owned by the EDA and utilized by the Police Department (the "Police Project"); and WHEREAS, the EDA desires to engage the Fire District and the Police Department to render certain assistance in connection with the Project; NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein set forth, the EDA, the Fire District, and the Police Department do hereby agree as follows: 1. The Fire District shall participate in selection of architecture, engineering, and related services, and in the development, review, and approval of construction, design, budget, and other related plans, all with respect to the Fire Project. 2. The Police Department shall participate in selection of architecture, engineering, and related services, and in the development, review, and approval of construction, design, budget, and other related plans, all with respect to the Police Project. 3. The EDA shall participate in selection of architecture, engineering, and related services, and in the development, review, and approval of construction, design, budget, and other related plans for the Fire Project and the Police Project. The EDA shall further undertake to prepare bid documents and award bids for the Fire Project and the Police Project in accordance with applicable law. 4. This Agreement shall commence as of the date of its execution, and shall continue until the date the EDA notifies the Fire District and the Police Department that the EDA is terminating this Agreement. 5. Until such time as the EDA receives the proceeds of tax-exempt bonds issued to finance the Fire Project and the Police Project (the "Bonds"), and provided that nothing herein shall DJG-204664v3 SH230-33 S-1 obligate the EDA to issue the Bonds or undertake any other financing of the Fire Project or the Police Project, the Fire District will payor reimburse the EDA for all fees, costs, and expenses charged by third-parties with respect to the Fire Project (the "Reimbursable Fire Costs") and the Police Department will payor reimburse the EDA for all fees, costs, and expenses charged by third- parties with respect to the Police Project (the "Reimbursable Police Costs"). It is the intent of the EDA that proceeds of the Bonds will be used to, among other things: (a) reimburse the Fire District for the Reimbursable Fire Costs and upon the sale of the Bonds, the EDA will promptly reimburse the Fire District for the Reimbursable Fire Costs upon presentation by the Fire District of evidence that the Reimbursable Fire Costs were incurred and paid; and (b) reimburse the Police Department for the Reimbursable Police Costs and upon the sale of the Bonds, the EDA will promptly reimburse the Police Department for the Reimbursable Police Costs upon presentation by the Police Department of evidence that the Reimbursable Police Costs were incurred and paid. Notwithstanding the foregoing, if for any reason the Bonds are not issued, the EDA shall have no obligation to reimburse the Fire District for any or all of the Reimbursable Fire Costs or to reimburse the Police Department for any or all of the Reimbursable Police Costs. 6. The Fire District shall remain solely liable for all Fire District staff salaries and benefits, costs of equipment and facilities owned by the Fire District, and all other Fire District costs and expenses except as set forth in Section 5. The Police Department shall remain solely liable for all Police Department staff salaries and benefits, costs of equipment and facilities owned by the Police Department, and all other Police Department costs and expenses except as set forth in Section 5. 7. Neither the Fire District nor the Police Department shall acquire any real or personal property on behalf of the EDA. 8. Nothing in this Agreement shall be construed to waive or limit any limitation on or immunity from liability to which the EDA, the Fire District, the Police Department, any member city of the Fire District or the Police Department, or any officer, agent, or employee of the foregoing is entitled under Minnesota Statutes, Chapter 466 or otherwise. 9. All notices or demands required or permitted to be given under this Agreement shall be in writing and shall be deemed to be given when delivered personally to any office of the party to which notice is being given, or when deposited in the United States mail in a sealed envelope with registered or certified mail postage prepaid thereon addressed to the parties at the following addresses: To EDA: Shorewood Economic Development Authority Attn: Executive Director 5755 Country Club Road Shorewood, Minnesota 55331 To Fire District: Excelsior Fire District Attn: Fire Chief 339 3rd Street Excelsior, Minnesota 55331 DJG-204664v3 SH23D-33 S-2 To Police Department: South Lake Minnetonka Police Department Attn: Police Chief 810 Excelsior Boulevard Excelsior, Minnesota 55331 Such addresses may be changed by any party upon notice to the other parties given as herein provided. 10. This Agreement may be modified only by a writing properly approved and executed by all of the parties hereto. IN WITNESS WHEREOF, the Shorewood Economic Development Authority, and the Excelsior Fire District, and the South Lake Minnetonka Police Department have executed this Agreement as of the date first above written. SHOREWOOD ECONONUC DEVELOPMENT AUTHORITY By Its By Its EXCELSIOR FIRE DISTRICT By Its By Its DJG-204664v3 SH230-33 S-3 . . SOUTH LAKE MINNETONKA POLICE DEPARTMENT By Its By Its DJG-204664v3 SH230-33 S-4