[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6158562,"mediaKeyId","5458045-d95dfb5fb3b31a679eeb7b08542e1a6f","parentId",5458045,"title","EDA agrees to sell vacant parcel to Auto Pros for 3,000-square-foot expansion","audioSeconds",661,"startMs",5668000,"endMs",6329000,"viewUrl","/Search/View?dp=1&key=5458045-d95dfb5fb3b31a679eeb7b08542e1a6f&start=5668&end=6329","thumbnailUrl","https://assets.pipeline.soar.com/5458045-d95dfb5fb3b31a679eeb7b08542e1a6f/thumbnail_5668000.jpg","articleUrl","/articles/6158562/Minnesota/EDA-agrees-to-sell-vacant-parcel-to-Auto-Pros-for-3000-square-foot-expansion","mediaUrl","https://secure.pipeline.soar.com/6158562-c72d76db8b1299c5aae8080eef301aef/orig.mp4?Expires=1770924022&Signature=E4Zr3TLHfA5hfBjN~ylGNbcn8kbfY9XsnVwqaqSwsTMVVRkT6Mj8zcdg0QO1AdCHShlmMDwXC3tsbJGIcd1SDNTMkWVKbcyizhVp3A2eSZDH40qZ1~MrmiFOiDamcYt09fI0G1KW4DMszS4VTG1GYoEcgvBY7ASJI-IKFVk7pkhcwioLDeKJi46I8NbldQt~ga7Xm1qOV7rTp-5BgzfNdBHi2H74SVyLViqEFaT8Qmpu3kOsRE-9WXVDFL7SXOwFA~-TndKkolzrIEy2gW~5QuAJKD5oD9OMdimjhf6R5I9~t3K3y9ccA4kxK0NOnOh0F7ASa0-MijcJVcN1S1f3rw__&Key-Pair-Id=KUT5TJCACFTXG","author","City Council of Chaska, MN","date","2025-07-22T14:09:33Z","article","EDA agrees to sell vacant parcel to Auto Pros for 3,000-square-foot expansion
At its July 21 meeting the Chaska Economic Development Authority authorized an LOI to sell a vacant EDA-owned parcel directly south of the existing Auto Pros location (1595 Old Audubon Road) to the business so Auto Pros can expand operations.
The LOI matters because it would return an idle EDA-owned remnant parcel to the tax rolls, support retention and expansion of a long-standing local business and add jobs in Chaska. Staff told the EDA the site is just under half an acre, was originally acquired during the downtown levy and diversion-channel project, and had remained unsold as a remnant parcel since the late 1990s.
Julie (city staff) explained Auto Pros proposes a roughly 3,000-square-foot addition that would add four new service bays, a new lobby and between seven and eight new jobs. The negotiated LOI sale price is $35,000, but the purchase was presented as contingent on the developer obtaining final planning approvals and dedicating an enlarged easement for a large sewer line that runs along the west side of the parcel. Staff is working to finalize the necessary easement adjustments before closing; the sale would not close until after the final site and building plan approvals are in place and required easements are dedicated.
Auto Pros representative Brandon spoke briefly and said the company intends to continue investing locally; he described his family’s multi-generation ties to the business and interest in sponsoring community events. EDA commissioners expressed support for keeping the business in Chaska and moving a vacant EDA lot back onto the tax rolls.
Commissioner Hatfield moved to authorize the EDA executive director to sign the LOI with Auto Pros for the sale of 1595 Old Audubon Road; Commissioner Benesch seconded. The motion passed by voice vote and the EDA directed staff to negotiate a purchase agreement consistent with the LOI terms and return the agreement to the EDA for approval prior to closing.","mediaType","Video","parentTitle","Chaska City Council & EDA Meeting 7.21.25","oneSentenceSummary","The Chaska EDA approved a non-binding letter of intent to sell a vacant, EDA-owned remnant parcel at 1595 Old Audubon Road to Auto Pros for $35,000 so the business can add about 3,000 square feet, four service bays and 7–8 jobs, contingent on planning approvals and sewer-easement adjustments.","taxTitle","City of Chaska, Carver County, Minnesota","taxId",70659,"location","Minnesota","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6158567,"Chaska council, EDA authorize letter of intent for TIF to support EDCO headquarters",428,3005000,3433000,"/Search/View?dp=1&key=5458045-d95dfb5fb3b31a679eeb7b08542e1a6f&start=3005&end=3433","https://assets.pipeline.soar.com/5458045-d95dfb5fb3b31a679eeb7b08542e1a6f/thumbnail_3005000.jpg","/articles/6158567/Minnesota/Chaska-council-EDA-authorize-letter-of-intent-for-TIF-to-support-EDCO-headquarters","https://secure.pipeline.soar.com/6158567-68b6a25f0a2349eb2c393629a39521fa/orig.mp4?Expires=1770924022&Signature=ltfniX1krCVOnGQ9n4bO4AnJxUyR4OWDbUNxDN8kMI3W0rLkuQ6if9MTvTeEBSEgkslzu-aLR-EoEfjlllj-9r9QoDAdP2qI1v1F-jro4TJDV3FWR4s0s6OanfATokWYa4PGSK4WIE-61KLgl5uCzhdkbMmEsWOXQEnWLtqyx0p2WXc9d4vtYgkOaN-t2bj0oqENilejcyHzyBLxLFfnsxLPuLWQHRNjyq~3WagFHCh62FpTCHOutdl-DUsuCc5Lsq7E69twt1VK7yunXJsaZbuFCoVVPo6AKQC0mo1DRtpBWZJolVdixyl-2gRU8S5XLROdyIb4DCOVs1jMVMXJiQ__&Key-Pair-Id=KUT5TJCACFTXG","Chaska council, EDA authorize letter of intent for TIF to support EDCO headquarters
City staff asked the City Council and, separately, the Chaska Economic Development Authority to authorize a non-binding letter of intent (LOI) to begin the tax-increment financing (TIF) process for a proposed EDCO headquarters and prefinished-metal-siding manufacturing facility in the Southwest Chaska Business Park.
The LOI matters because it begins the formal steps to prepare a TIF district and development agreement that could provide public assistance to offset eligible project costs and off-site infrastructure needed to make the development financially feasible.
Julie (city staff) told the council the project is planned on a site southeast of Angler Boulevard and Creek Road, just west of two recently built industrial buildings. The approved preliminary site and building plans (council approval in May) show a two-story, roughly 235,000-square-foot headquarters building with manufacturing and warehouse space. Julie said the project qualifies for an eight-year economic-development TIF district under current city policy for industrial projects and that the LOI estimates eligible assistance of up to three times the new taxes generated by the project (approximately $1,644,000 as shown in the LOI). The LOI is not legally binding but sets the terms to prepare a formal TIF plan and a development agreement; both would return to the council and EDA for final approval.
Council Member Grama moved to authorize the city administrator to execute the LOI; Council Member Benesch seconded. The council approved the motion by voice vote. The same LOI and recommendation were presented to the Chaska Economic Development Authority at its meeting later the same evening; the EDA authorized its executive director to sign the LOI in a separate vote.
Julie and staff noted the LOI is contingent on the developer receiving final planning approvals and that staff will draft a formal TIF plan and development agreement for future public hearings and approvals. EDCO representatives said they are finalizing project details and expressed enthusiasm for working with the city.
The LOI and subsequent TIF plan, if approved, would require the city to create the TIF district, negotiate a development agreement that details eligible costs and reimbursement timing, and fulfill statutory notice and public hearing requirements before any TIF payments or reimbursements occur.","City Council and the Chaska Economic Development Authority authorized a non-binding letter of intent to pursue an eight-year economic development TIF for a proposed EDCO headquarters and manufacturing facility in the Southwest Chaska Business Park; estimated assistance up to three times the taxes (about $1,644,000) was outlined in the LOI.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6158572,"Chaska accepts 2024 comprehensive financial report; auditors issue clean opinion",2608,395000,3003000,"/Search/View?dp=1&key=5458045-d95dfb5fb3b31a679eeb7b08542e1a6f&start=395&end=3003","https://assets.pipeline.soar.com/5458045-d95dfb5fb3b31a679eeb7b08542e1a6f/thumbnail_395000.jpg","/articles/6158572/Minnesota/Chaska-accepts-2024-comprehensive-financial-report-auditors-issue-clean-opinion","https://secure.pipeline.soar.com/6158572-070629668917a6aafad234c7c4bc5c76/orig.mp4?Expires=1770924022&Signature=A~4XYezpS2Ix4k4tYnNfe8l2zMyeDJcIOUNP488RepC4XoG0rPsfHnlRYL22emtVu-ZIVQV0XvfX9fBLo9qxFpunWgBxX2So1MxGQI4lvnV8FSBViGw2-sf636OhWEBeSfuAEnXd5KKWRC08-5O96nqrvN~tv0N0PIeg66RrftxSHmO6dzlux0eVJaTuPyFCiu-vWAj8JvyMCuHWb3FQfR4efDckRTglBnpV2McQa-3vVDY-P80~6D7P6Q50U-kAxKMg~zwejEblZKrwdaK6zNPHWJtUfdYpHcppeGV7n90qAXD6i9NgbapQZkkTxa11efE8aJHCj~ocmpMLvNOCBg__&Key-Pair-Id=KUT5TJCACFTXG","Chaska accepts 2024 comprehensive financial report; auditors issue clean opinion
Noel Grasic, administrative services director for the City of Chaska, presented the city's 2024 Comprehensive Annual Financial Report and related audit materials Monday and asked the council to accept the reports after a presentation by auditors from CliftonLarsonAllen (CLA).
The reports matter because they summarize the city's financial position for 2024, show compliance with relevant auditing standards and support continuing disclosure for the city’s bond issues.
City staff and CLA told the council the audit produced an unmodified (\"clean\") opinion, meaning CLA concluded the financial statements are fairly stated in all material respects. CLA partner Christopher Kanopic and audit manager Ezra Ketsi reviewed a few restatements the firm required, including reclassifying certain utility-related infrastructure into the utility (enterprise) funds, accounting adjustments in the turbine fund and the timing treatment of a receivable in a public improvement project fund. CLA also reported that, because the city’s federal expenditure threshold was met, a federal single-audit was performed and that the city received an unmodified opinion on federal compliance for the grants reviewed.
Grasic summarized key figures from the report: the city incurred about $119 million in operating expenditures in 2024, operates nine enterprise funds that together comprised roughly $75.3 million (63%) of expenditures, and reported a total net position of about $271 million at year-end. He said the general fund represented about $25.7 million (22%) of operations, supported by an 2024 property tax levy of roughly $18.1 million (about 15% of total expenditures). Grasic highlighted a $1.4 million increase in general fund balance driven in part by stronger-than-expected building permit revenue and continued council-directed reserve additions.
CLA noted three restatements implemented in the 2024 statements after adopting the firm as the city's auditor for the first time in 25 years. The adjustments included (1) reclassification of water, sewer and stormwater portions of street assets into the utility funds to better align asset recognition with rate-setting, (2) a reallocation in the turbine fund related to bond premium accounting that increased net position by about $626,000, and (3) moving an agreement with a third party (MMPA) into lease accounting under GASB Statement No. 87 where CLA concluded the counterparty operates the facility.
CLA also reported two internal-control items for the Chaska Fire Relief Association related to limited staff and cash-control processes; those weaknesses were described as longstanding, and both the relief association and the auditor said they are taking steps (including contracting accounting services) to address them. CLA identified one legal-compliance finding involving a missing certificate of insurance from a contractor; Grasic said the issue was addressed in 2025.
The council voted to accept the reports. Council Member Hatfield moved to accept the annual comprehensive financial report; Council Member Grama seconded. The motion carried on the council voice vote.
Councilors praised the finance staff's work and noted the city had applied for the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for the 35th consecutive year. Grasic said the city’s total cash and investments were about $103 million at year-end, with roughly $59.3 million restricted by bond covenants and about $44 million reported as unrestricted cash for cash-flow needs between property-tax collection dates. He further summarized bond rating context: the city’s GO debt carried a Standard & Poor’s AA rating, certain lease/revenue issues were AA-minus, and electric revenue debt was rated A by S&P and highly rated by Moody’s on its scale.
Questions from council members were limited; CLA emphasized the city received no findings for Minnesota legal compliance under the Office of the State Auditor guide and that the small accounting estimate changes (compensated absences increase of roughly $230,000) resulted from new accounting standards adopted for 2024. CLA also recommended formalizing documentation of internal review processes for reports submitted under the federal single-audit program.
The council then voted to adopt the financial report as presented.","City Council accepted the City of Chaska and Chaska Fire Relief Association 2024 audited financial reports after a presentation by CliftonLarsonAllen highlighting a clean (unmodified) opinion, several prior-period restatements and a required federal single-audit.","actionData","errors"]

Article not found

EDA agrees to sell vacant parcel to Auto Pros for 3,000-square-foot expansion

Chaska council, EDA authorize letter of intent for TIF to support EDCO headquarters

Chaska accepts 2024 comprehensive financial report; auditors issue clean opinion