Loading...
08-17-98 Regular HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting August 17, 1998 CALL TO ORDER The meeting was called to order by Chair Harms at 7:00 p.m. ROLL CALL HRA Members Present:Thomas Harms; Joan Helmberger; Kristal Stokes; Michael Sandahl and Russ Susag. Staff Present :James Prosser, Executive Director; Steven Devich, Acting City Clerk; Bruce Palmborg, Community Development Director; and Corrine Thomson, City Attorney. APPROVAL OF MINUTES M/Susag, S/Helmberger to approve the minutes of the Regular HRA Meeting of July 20, 1998 Motion carried 5-0. Item #1OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA. No one wished to address the HRA. HRA Meeting Minutes-2-August 17, 1998 Item #2PUBLIC HEARING AND CONSIDERATION OF RESOLUTION APPROVING SALE OF CERTAIN LAND TO GRAMERCY PARK COOPERATIVE AT LAKE SHORE DRIVE FOR GRAMERCY SENIOR HOUSING COOPERATIVE PROJECT. HRA LETTER NO. 53 Executive Director Prosser reviewed HRA Letter No. 53 regarding consideration of a resolution approving the sale of certain land to Gramercy Park Cooperative at Lake Shore Drive for the Gramercy Senior Housing Cooperative Project. Commissioner Susag asked about the Tax Increment Financing (TIF) assistance. Executive Director Prosser responded with the TIF information. Larry Wozniczka, 6744 Wentworth Avenue, asked if the alley was vacated. Chair Harms responded that the alley does not need to be vacated because the alley would still be used and continue to be a public easement. Larry Wozniczka, 6744 Wentworth Avenue, asked when the interest begins on the $3 million. Community Development Director Palmborg responded that it would be approximately two to three years in the future. M/Susag, S/Helmberger to close the public hearing. Motion carried 5-0. M/Susag, S/Stokes that the following HRA resolution be adopted, that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 677 RESOLUTION AUTHORIZING SALE OF REAL PROPERTY AT NORTHWEST QUADRANT OF LAKE SHORE DRIVE AND LYNDALE AVENUE (GRAMERCY SENIOR HOUSING COOPERATIVE PROJECT) Motion carried 5-0. This resolution appears as HRA Resolution No. 677 in HRA Resolution Book No. 5. Item #3CONSIDERATION OF VARIOUS REDEVELOPMENT CONCEPTS FOR 7600 BLOCKS OF LYNDALE AVENUE. C.L. NO. 54 HRA Meeting Minutes-3-August 17, 1998 Executive Director Prosser reviewed HRA Letter No. 54 regarding consideration of various redevelopment concepts for 7600 blocks of Lyndale Avenue. Murray Kornberg, Vice President of CSM Corporation, presented the following development option concepts for the 7600 block of Lyndale Avenue: Option A - West Side Development Only Includes a Marriot extended stay facility and some office retail on the west side of Lyndale Avenue and also includes 32 townhomes west of Aldrich Avenue. The east side of Lyndale is unaffected. Option B - Commercial Redevelopment on west side of Lyndale with limited commercial development on east side of Lyndale Contains the same Marriot Suites and office retail but no townhomes on the west side. The east side would feature office development and residential. Option C - Commercial development on west side of Lyndale with senior housing and office on east side of Lyndale This is the original concept proposed to the HRA in January 1998. It provided for congregate living accommodations on the east side of Lyndale and commercial development on the west side. Mr. Kornberg stated that he believes that Concept C is still the best option for the area both from a market and financial feasibility perspective. Commissioners asked why market rate apartment development would not work in the area. Mr. Kornberg stated that their analysis of the cost of construction versus the rent necessary to make it work simply doesn’t work. He stated that market rate apartment buildings are not being built aggressively anywhere in Minnesota. Commissioner Sandahl asked what the TIF deficit in Option B was. Community Development Director Palmborg responded that it would be at least $500,000 but may be more than that. This is due to the lack of density. Commissioner Sandahl stated that he was not in favor of adding more senior housing. Chair Harms asked if there was more that could be done to make the office retail feasible in the area. Mr. Kornberg responded that perhaps there was, however he still feels that housing is the best option for the area. He felt that even with buying down leases for office, the office option would not work in the long run. Commissioner Susag asked if townhomes could be included in Option C. HRA Meeting Minutes-4-August 17, 1998 Mr. Kornberg stated that it could and that 32 townhomes could be included on each side of the project. Christy Olson, Twin City Christian Homes addressed the HRA regarding their proposal. She explained how the proposed 150 unit project would fit into the community and address a community need. Commissioner Helmberger asked if Richfield would have a larger than proportional segment of seniors in our community than other surrounding communities. Ms. Olson stated that other cities are also looking at such facilities. She stated Bloomington is building a number of projects this year and Edina is heavily built. Commissioner Helmberger asked if the housing project is exempt from property taxes. Ms. Olson stated that they do pay taxes. Chair Harms asked if another developer would do the north-east corner, would CSM still do the rest of the development minus congregate housing. Mr. Kornberg responded that he was not sure. Commissioner Susag stated that with consideration of including the townhomes he would support Option C. John Walsh, 7633 Garfield stated that he felt Option C would be a viable project if the townhouse buffer was included. Steven Knutson, 7626 Garfield, stated he was concerned about how long this project was going to get stretched out. Fred Ryan, 7633-39 Lyndale, stated he is interested in dressing up the existing properties if they get a moratorium for the area. Russ Walzer, Property owner on 7600 block of Lyndale Avenue, spoke to the issue of displacing existing businesses. He also wants to put up new facades on the building if they know how long they would be able to stay there. Commissioner Sandahl stated that he does not support the senior housing component. He would support this concept as a last resort at some later date. He is also not opposed to using development funds to close the financial gap for a good project. Commissioner Helmberger stated she supports senior housing. Mayor Kirsch, 6725 Penn Avenue, stated that he understands that the neighbors want a decision and spoke in support of development in the area. HRA Meeting Minutes-5-August 17, 1998 Commissioner Sandahl asked how the townhouses would affect Option C. Mr. Kornberg responded that it would add to the density but could work. M/Harms, S/Stokes to direct staff to do the following for consideration of redevelopment for the 7600 blocks of Lyndale Avenue: 1.To set up a 45 day period to survey other developers to see if they would be interested in the northeast corner. 2.To survey neighbors on Aldrich and Garfield and ask them what type of development they want. 3.To get the number for the townhouses to be added. 4.That a final vote by the HRA on this development to be taken in 60 days. Motion carried 5-0. Item #4CANCELLATION OF PUBLIC HEARING AUTHORIZING DISPOSITION OF RESIDUAL PARCEL AT 76TH STREET AND PENN AVENUE. HRA LETTER NO. 55 Executive Director Prosser reviewed HRA Letter No. 55 regarding canceling the public hearing authorizing the disposition of a vacant parcel at the corner of 76th Street and Penn Avenue. He stated cancellation of the public hearing is needed until the work with Hennepin County and adjacent apartment owners is finalized. M/Sandahl, S/Susag to cancel the public hearing authorizing disposition of residual property at 76th Street and Penn Avenue. Motion carried 5-0. Item #5CONSIDERATION OF RESOLUTIONS APPROVING PROPOSED 1999 HRA BUDGET AND CERTIFYING 1999 TAX LEVY AND AUTHORIZING REVISION OF 1998 HRA BUDGET; AND SETTING NOVEMBER 16, 1998 FOR PUBLIC BUDGET HEARING. HRA LETTER NO. 56 Executive Director Prosser reviewed HRA Letter No. 56 regarding consideration of approval of proposed property tax levy for payable year 1999 for certification to Hennepin County and setting date for optional public budget hearing for the 1998 Revised/1999 Proposed budget and tax levy. M/Susag, S/Sandahl that the following HRA resolutions be adopted, that they be spread in the HRA resolution book and that they be made part of these minutes: HRA Meeting Minutes-6-August 17, 1998 HRA RESOLUTION NO. 678 RESOLUTION APPROVING PROPOSED 1999 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE 1999 TAX LEVY HRA RESOLUTION NO. 679 RESOLUTION AUTHORIZING REVISION OF THE 1998 BUDGET OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD Motion carried 5-0. These resolutions appear as HRA Resolution No.’s 678 and 679 in HRA Resolution Book No. 5. Item #6 EXECUTIVE DIRECTOR REPORT None. Commissioner Helmberger asked if there was any accommodations made for local contractors to bid on the projects. Executive Director Prosser stated no. Item #7CLAIMS AND PAYROLL M/Stokes, S/Susag that the following claims and payrolls be approved: FIRSTAR BANK Section 8 Checks: 12623-12725$116,772.85 HRA Checks: 19214-19243; 19394-19457$280,921.41 Motion carried 5-0. ADJOURNMENT The meeting was adjourned by unanimous consent at 8:30 p.m. HRA Meeting Minutes-7-August 17, 1998 Date Approved: Thomas E. Harms Chair Steven L. DevichJames D. Prosser Acting City ClerkExecutive Director