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07-17-06 Regular CITY OF RICHFIELD, MINNESOTA MONDAY, JULY 17,2006 REGULAR HOUSING AND REDEVELOPMENT AUTHORITY MEETING RICHFIELD CITY HALL COUNCIL CHAMBERS 6700 PORTLAND AVENUE 7:00 P.M. AGENDA Call to order 1. Approval of minutes of (1) Special HRA Meeting of June 26, 2006; (2) Continued Special HRA Meeting of June 30, 2006; and (3) Special HRA Meeting of July 10, 2006 Notes: 2. HRA approval of agenda 3. Consideration of contract with Julianne Schweitz for Livable Communities Team/Richfield Rental Property Program beginning August 1, 2006 for 12 months Staff Report No. 32 Notes: 4. Consideration of assignment of mortgage for 7445-1Oth Avenue to C & M Real Estate Services, Inc. Staff Report No. 33 Notes: 5. . Consideration of Request for Qualifications with developers for northeast quadrant of 76th Street and Lyndale Avenue Staff Report No. 34 Notes: 6. Consideration of proceeding with Penn Crossings neighborhood study Staff Report No. 35 Notes: 7. Consideration of plan for improvements at City Bella Staff Report No. 36 Notes: 8. Public hearing regarding resolution authorizing sale of real property to Ryan Companies US, Inc.; Cedar Point Commons Staff Report No. 37 Notes: 9. Consideration of resolution requesting City Council to call public hearing on modification of redevelopment plan for Richfield Redevelopment Project Area and establishing Cedar Avenue Tax Increment Financing District and referring modified plan to Planning Commission Staff Report No. 38 Notes: 10. Consideration of resolution amending escrow agreement and authorizing execution and delivery into escrow of taxable limited revenue note for Ryan Companies US, Inc. Staff Report No. 39 Notes: 11. Consideration of resolution approving first amended stipulation of final settlement with Marvin Johnson, owner of Air Care-Go, 6300-20 Cedar Avenue Staff Report No. 40 Notes: 12. Executive Director report Notes: 13. Claims and payroll Adjournment Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96 hours in advance to the City Clerk at 612-861-9738. AGENDA ITEM # 3 REpORT # 32 ..... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: BRUCE P ALMBORG, COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE REpORT PRESENTER: BRUCE P ALMBORG, COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE DEPARTMENT DIRECTOR REVIEW: REVIEWED By EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of Livable Communities Team/Richfield Rental Property Program contract for 2006-2007. 1. RECOMMENDED ACTION: By Motion: Approve the execution of a Contract with Julianne Schweitz be innin Au ust 1, 2006 for 12 months. I II. BACKGROUND I Julianne Schweitz has contracted with the Housing and Redevelopment Authority (HRA) for several years. In the beginning Julianne worked extensively with apartment owners, managers and staff on issues related to rental apartments; best practices for tenant screening and City Code Compliance. Julianne's responsibilities have shifted with the needs of the City. More recently the City has experienced an increase in the number of smaller rental properties being owned and/or managed by people with little understanding of their rights and responsibilities. Much of the growth in rental property has been with single family homes. Often residents of these rental properties also lack knowledge of their rights and responsibilities. 071706 Julianne This past year Julianne has worked with Community Development and Public Safety staff and established a task force to pursue the Richfield Rental Property Program (R2P2). Attached is the Proposed Intention Statement for 2006-2007. I III. BASIS OF RECOMMENDATION I I A. POLICY I . It is important that all forms of home ownership and all forms of tenancy be successfully integrated into the community. This integration is a hallmark of a viable community. I B. CRITICAL ISSUES I . Rental property is an important part of the housing supply in Richfield. A strategy for dealing with this issue is needed. Ic. FmANC~L I . The Contract would be for a 12-month period not to exceed $15,000. This funding is accommodated in the budget for 2006-2007, which is now being prepared for presentation to the HRA in August. I D. LEGAL I . The HRA standard form contract would be utilized. I IV. ALTERNATNE RECOMMENDATION(S) . Delay approval. . Reject the proposal. I V. ATTACHMENTS I . Proposed Intention Statement for 2006-2007 I VI. PRmCIP AL PARTIES EXPECTED AT MEETmG . Juliann Schweitz 3-1 Richfield Intention Statement for August 2006 - July 2007 Issue: Single-family property owners renting a portion of their home, or all of it, fall between the cracks of Richfield's rental property code, which covers dwellings of two (2) or more units. Owners renting their property are commonly unaware of laws that give them both rights and responsibilities. The one-year old Richfield Rental Property Pro2;ram (R2P2) works with homeowners and renters, to help them maintain healthy and safe standards through compliance and training. The following objectives will serve as ongoing efforts toward common goals. These include the following. . A. Change current occupancy ordinance and enforcement regulations. The City Council has approved R2P2s work toward rewriting a portion of the housing code in order to better regulate occupancy issues. . B. Public awareness of our desire to partner with single-family property owners. Look at writing articles for the Sun Current, include changes to code and other objectives on the City website. . C. Create Rental Property Owners Handbook for property owners and/or those who purchase single-family homes. (Or up to 14 units.) Educate our owners about renting their property. The majority of people who decide to rent a room or their home are unaware of the laws, rights and responsibilities for which they will be accountable. Included in this packet would be City expectations/ordinance information, resources for help, and invitations to available training. . D. Take proactive/preventive measures by creating teaching tools for residents who rent single-family homes/rooms. These tools would be marketed to the owners as incentive for their renters to maintain healthy, safe environments. Many of our renters are from varying cultures where cooking and cleaning basics differ from expectations here. . E. Select best mediation efforts to apply within City. This intention is two- fold. One, to point to a method of conflict resolution for residents who have complaints against their neighbor. With mediation available, residents may be better able to resolve conflicts minimizing City Hall involvement. Second, when residents call City Hall, concerns could be decelerated through staff training in how to communicate through difficult issues. 3-~ Richfield Intention Statement for August 2006 - July 2007 Page 2 · F. Design training sessions specifically to meet the needs of single-family, duplex, and up to 14 units, rental property owners. Our Crime Free Multi- Housing training can be used as the basis of these sessions. The objective is to make this information readily and easily available so that owners will take the time to learn and understand how to productively and successfully rent their property. The City is interested in partnering with them in this endeavor. · G. Look into raising licensing fees (Appendix D) in order to help pay for the handbook and other objectives. · H. Creatively design incentives for property owners to attend training or be otherwise educated through our efforts · I. Talk to other cities about their experiences with the same issues. Identify issues, best practices, working ordinances, creative resources, etc. Richfield has often taken a leadership role in working with others toward resolving similar problems and issues. AGENDA ITEM # 4 REpORT # 33 ...... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: KELLY BERG, HOUSING COORDINATOR NAME, TITLE REpORT PRESENTER: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT 11ANAGER NAME, TITLE DEPARTMENT DIRECTOR REVIEW: REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of approval regarding Assignment of Mortgage for 7445 10th Avenue to C & M Real Estate Services, Inc. I. RECOMMENDED ACTION: By Motion: Approve attached Assignment of Mortgage for 7445 10th Avenue to C & M Real Estate Services, Inc. I II. BACKGROUND I The homeowner at 7445 10th Avenue participated in the Housing and Redevelopment Authority's (HRA) Richfield Rehabilitation Deferred Loan Program in January of 2001. The program is designed to assist low to moderate-income households with needed home improvements. Federal Community Development Block Grant (CDBG) funds received from Hennepin County finance the loans. The HRA placed a $14,945 lien on the property for the total amount the homeowner borrowed to do the improvements. The lien remains on the home for 30 years unless an event of default occurs such as a mortgage foreclosure on the property. Mortgage foreclosure proceedings were started in the spring of 2005. A redemption period followed where the homeowner had an opportunity to redeem. If the homeowner does not redeem during this period, which in this case they did not, the HRA loses its mortgage. However, C & M Real Estate Services, Inc. approached 0717067445 10th Ave the HRA offering to buy the mortgage for $9,000. The HRA has two options: 1) lose the mortgage amount and therefore not get any payment or 2) assign the mortgage to C & M Real Estate Services, Inc. and recover $9,000. I III. BASIS OF RECOMMENDATION I I A. POLICY I . The HRA administers the CDBG Deferred Loan Program with Hennepin County. . Loans in default require an HRA response. I B. CRITICAL ISSUES I . C & M Real Estate Services, Inc. must act by the end of July. . Any funds paid to satisfy a loan, or in this instance to recover a portion of a loan on a property in default are returned to Hennepin County and subsequently to the HRA to fund more loans. I C. FINANCIAL I . The HRA can recover $9,000.00 or 60% of the CDBG funds committed. . There are not enough funds available for the HRA to purchase the property, another way of protecting the recovery of the full lien amount. I D. LEGAL I . Legal counsel reviewed the attached Assignment of Mortgage. I IV. ALTERNATIVE RECOMMENDATION(S) I · Do not assign mortgage to C & M Real Estate Services, Inc. and lose all the CDBG funds. I V. ATTACHMENTS . Assignment of Mortgage I VI. PRINCIP AL PARTIES EXPECTED AT MEETING . N/A 4-1 Assignment of Mortgage Date: , 2006 FOR VALUABLE CONSIDERATION, The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, a body corporate and politic of the State of Minnesota, Assignor, hereby sells, assigns and transfers to C & M Real Estate Services, Inc., a Minnesota Corporation, the Assignor's interest in the Mortgage recorded April 29th, 2002, executed by Marlene E. Fedora, single, as Mortgagor, to The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, and filed as Document No. 7713333 in the office of the Recorder of Hennepin County, Minnesota, Together with the debt thereby secured. For the real property located in Hennepin County, Minnesota, described as follows, to wit: Lot 9, Block 1, Sunnyside Acres ASSIGNOR: The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD By Its Chairperson By Its Executive Director State Of Minnesota } }SS. County Of Hennepin} On this day , 2006 before me appeared Suzanne M. Sandahl, the Chairperson of The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD to me personally known to be the person described in and who executed the foregoing instrument. Notary Seal Signature of Notary Public or other Official 4-~ State Of Minnesota } }ss. County Of Hennepin} On this day , 2006 before me appeared Steven L. Devich, the Executive Director of The HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD to me personally known to be the person described in and who executed the foregoing instrument. Notary Seal Signature of Notary Public or other Official This Instrument was prepared by: C & M Real Estate Services, Inc. PO Box 756 Anoka, MN 55303 AGENDA ITEM # 5 REpORT # 34 ....... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: BRUCE P ALMBORG, COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE REpORT PRESENTER: BRUCE P ALMBORG, COMMUNITY DEVELOPMENT DIRECTOR DEPARTMENT DIRECTOR REVIEW: NAME, TITLE REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of a Request For Qualification from developers for the northeast quadrant of 76th Street and L ndale Avenue. 1. RECOMMENDED ACTION: By Motion: Direct staff to pursue a "Request For Qualifications" with developers for the northeast quadrant of 76th Street and Lyndale Avenue. I II. BACKGROUND I At the June 26, 2006 Housing and Redevelopment Authority (HRA) meeting it was reported by staff that the LaurentlSchatzlein developer group would not pursue redevelopment of this site. The HRA directed staff to undertake an informal survey of developers to determine possible interest in redevelopment. Two developers with experience in mixed use developments in the metro area were contacted; the Beard Group and Metro Plains. Each indicated an interest in pursuing the feasibility of redevelopment of this quadrant. It is important to understand that the expression of interest took place as part of a telephone conversation. Staff during the conversation enumerated the facts of the situation. With those facts they indicated interest in exploring the feasibility of the project in 071706 76th Lyndale more detail. Neither of them was deterred by the fact that Laurent/Schatzlein were unable to obtain financing. As a part of the staff report for the June meeting, the lack of congruence between the Comprehensive Plan anp Zoning Ordinance was noted. The Comprehensive Plan at this location guides for mixed use in a multi story structure. The zoning regulates for single family detached housing along Garfield Avenue and C-2 general commercial along Lyndale Avenue. Staff is exploring, at this point, the concept of a PC-2 zoning district with some minimum standards which could include building height. I III. BASIS OF RECOMMENDATION I I A. POLICY I . This location has been identified for redevelopment by the HRA. . The HRA directed staff to determine interest on the part of other developers in redeveloping this site. I B. CRITICAL ISSUES I . It is desirable to distribute as quickly as possible a Request For Qualifications (RFQ) to keep the process moving. Staff will identify six-eight recipients including Beard and Metro Plains. . An RFQ helps to identify the most qualified developer for the opportunity based on their previous experiences. . Possible mixed use combinations might include retail and housing (for sale or rental) or retail and office or retail office and housing. . At the September or October meeting, a review of the responses will be presented for action. I C. FINANCIAL I . No unusual cost to undertake distribution and evaluation of RFQ's. I D. LEGAL . No significant items at this time. I IV. ALTERNATIVE RECOMMENDATION(S) . Delay this matter. . Do not pursue a developer. I V. ATTACHMENTS . N/A I VI. PRINCIPAL PARTIES EXPECTED AT MEETING . N/A AGENDA ITEM # 6 REpORT # 35 ....... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 200 REpORT PREPARED By: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT. MANAGER NAME, TITLE REpORT PRESENTER: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT 11ANAGER DEPARTMENT DIRECTOR REVIEW: NAME, TITLE REVIEWED BY EXECUTNE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of proceeding with a Penn Crossings Neighborhood Study. I. RECOMMENDED ACTION: By Motion: Authorize the attached Penn Crossings Neighborhood Stud . I II. BACKGROUND I Building on the visioning/planning work performed by the University of Minnesota students, Hoisington Koegler Group Inc. (Hoisington) has prepared a work plan, timeline, and cost estimate to continue and complete a Master Plan for the commercial district at 66th Street and Penn Avenue. A copy of their proposal is attached. The key elements of the work plan include: . Area data and visioning refinement. . Market analysis. . Land use plan formulation. . A strategy for growth. . Multiple communication methods; open houses, newsletters, public meetings. 071706 Penn Crossing . A Master Plan, portions of which would be incorporated into the revised 2008 Comprehensive Plan. The study includes the formation of a "Neighborhood Advisory Committee" of business owners, property owners, and residents. Input by this Committee will allow the outcomes to be neighborhood tested at key points during the Study. . The timeline for the work is August 2006 to February 2007. The cost of the study and the component parts is $69,850. The study includes the costs incurred by Hoisington and the McComb Group. The costs are consistent with similar studies that have been performed. I III. BASIS OF RECOMMENDATION I I A. POLICY I . The Housing and Redevelopment Authority (HRA) takes a lead role in evaluating areas of the City that present challenges and opportunities. . The commercial area at 66th Street and Penn Avenue needs a Master Plan. . A scope of work, timeline, and cost of implementation have been prepared. I B. CRITICAL ISSUES I . Initial visioning and study by a group of students and public input to date is at a midpoint. The proposal continues the Study to completion. . Penn Avenue is a unique area where both public and private improvements are envisioned. . Public interests and participation has been high signaling the importance of this area to many. . Hoisington provides continuity as they partially supervised work by the students. . Without a plan for the future, undesirable uses may be introduced, present challenges maybe left un-addressed, and opportunities maybe missed. Ic. FrnANC~L I . The cost of the Study has been included in the "Development Opportunities" section of the Revised 2006, Proposed 2007 HRA Budget which the HRA will receive in August. . A majority of the work would be completed in 2006 with final work anticipated in the first quarter of 2007. I D. LEGAL I . The cover letter and Scope of Work would be attached to the standard consulting contract typically used by the HRA and previously reviewed by legal counsel. I IV. ALTERNATIVE RECOMMENDATION(S) . Modify the Scope of Work. . Adjust the timeline for implementation. . Discontinue the Study. . Seek other proposals. Hoisington has consistently demonstrated an approach to master planning that has yielded desirable/innovative outcomes for Richfield. I V. ATTACHMENTS I . Cover letter and Scope of Work for Penn Crossings I VI. PRINCIPALPARTIEsEXPECTEDATMEETING I . Mark Koegler, President, Hoisington Koegler Group Inc. fo-( Creative Solutions for Land Planning and Design Hoisington Koegler Group Inc. mll ~n July 11,2006 Mr. Bruce Nordquist Housing and Redevelopment Manager City of Richfield 6700 Portland Avenue South Richfield, MN 55423-2008 Re: Penn Crossings Neighborhood Study Proposal Dear Mr. Nordquist: The attached scope of work outlines a process for innovatively merging market expertise with land use planning to define a strategy for guiding the evolution of the Penn Crossings neighborhood area. It builds on the foundation of the work completed recently by the University of Minnesota student team. Neighborhood commercial nodes like Penn Avenue face a variety of physical, market and financial challenges. Over the past six years, more than 40% of the businesses in the Penn Crossings area have experienced change. Change will continue. The Penn Crossings Neighborhood Study is focused on establishing a guide for future change as it specifically relates to existing businesses and the attraction of new business interests. Penn A venue is not exactly like any other neighborhood commercial node in the Twin Cities. The planning process will seek to capitalize on the unique strengths of the Penn Crossings area while addressing existing and future challenges in a realistic manner. The study will involve staff from HKGi and McComb Group, Ltd. working collaboratively. Both firms are familiar with the neighborhood area from involvement with the student project. Based on the tasks identified in the scope of work, the total fee for the Penn Crossings Neighborhood Study is $69,850.00. If needed, we can certainly make additional changes to the scope of work based on further review by both City staff and the HRA. As currently structured, it will provide the City with an action oriented tool to help guide decisions and investments in the area over the next decade or more. Please let me know if I can provide any additional information. Sincerely, Hoisington Koegler Group Inc. ~~"t.d!- Mark Koegler, ASLA President 123 North Third Street, Suite 100, Minneapolis, MN 55401-1659 Ph (612) 338-0800 Fx (612) 338-6838 (p-~ Penn Crossings Neighborhood Study Scope of Work Project Objective The objective of the Penn Crossings Neighborhood Study is to integrate market analysis with land use planning to establish a strategic approach to guiding the evolution of the neighborhood area over the next decade or more. Its focus will be on recognizing the unique qualities and location of the area. It will require innovation in addressing both existing businesses and in ways of attracting new businesses in order to maintain a thriving, successful neighborhood node in the future. The Penn Crossings Neighborhood Study will be an action oriented effort - it will contain steps to be taken by both the private and public sectors designed to realize the overall vision for the area. Task 1 - Project Kick-off The Penn Crossings Neighborhood Study will build upon the information collected and the decisions that were made as part of the 2006 Penn Avenue Visioning Study completed by students from the University of Minnesota. The project will be coordinated by a staff team and will include the establishment of a Neighborhood Advisory Committee made up of project area business owners, property owners and residents. The Neighborhood Advisory Committee will review information and provide guidance at key points during the project. In Task 1, HKGi will review existing plans, studies, reports and other information that might be relevant to the project. We will also begin compiling information related to the fmancing of improvements. Task 1 will also involve a refinement of the geographic information systems database assembled by the University of Minnesota students including property information, values, permit activity, land use, ownership, etc. Base maps will be updated and compiled as appropriate from information in HKGi's files and as provided by the City, Hennepin County and other applicable sources. Specific subtasks related to this part of the work program include: 1.1 Assist the City in the preparation of a newsletter outlining the Penn Crossings Neighborhood Study and identifying key dates and activities associated with the effort. 1.2 Assemble base maps of the project area from information provided. 1.3 Review background information. 1.4 Investigate existing utilities in the study area. 1.5 Collect and review information about existing finance policies, plans and programs relevant to the project, including tax increment financing plans and tax abatement policies. 1.6 Investigate the physical forces that might influence the long-range evolution of the Penn Crossings neighborhood including natural features (vegetation, Hoisington Koegler Group Inc. July 11,2006 1 &r3_____ ..~ topography, etc.); man-made features (traffic patterns, zoning, etc.); and other influences (accessibility to trails and nearby parks, activity levels and hours of peak operations of adjacent commercial areas, etc.). 1.7 From available data sources, identify soils and contamination issues that would limit building structures or pose significant cost implications. 1.8 Meet with the staff team to identify and discuss project influences (limits of the study, properties to be considered for change, infrastructure deficiencies, policy issues, etc.). 1.9 Assemble a project narrative outlining the common level of understanding. The narrative will address and summarize the basis for the Penn Crossings Study including those items that are to be considered "fixed" and those that can be considered "variable". 1.10 Present the findings of Task 1 to the staff team for review and comment. 1.11 Conduct a meeting with the Neighborhood Advisory Committee to review the overall project and to present the findings of Task 1. 1.12 Conduct a meeting with the Richfield Planning Commission to review the results of Task 1. Task 2 - Market Analysis McComb Group, Ltd. will conduct market research for the Penn Crossings Neighborhood Retail District. The objectives of the market research tasks are to identify retail, food service and office service establishments that are suitable for the Penn Crossings Retail District. Subtasks associated with the market analysis include: 2.1 Site Evaluation - The Penn Crossings Retail District will be visited and evaluated to determine its current tenant mix. Factors to be evaluated include, but are not limited to access, ingress, egress, visibility, current traffic counts and relationship to adjacent uses including tenant mix. 2.2 Trade Area Analysis - Previously defined trade area will be analyzed and possibly adjusted taking into consideration arterial road patterns, drive times, competitive shopping areas and McComb Group experience. The primary trade area will be analyzed to identify and quantify those factors that generate support for retail, food service, services and office service establishments. Factors to be evaluated include, but are not limited to population, households and household income. Trade area growth trends will be evaluated for 2000,2005, and 2010. Retail and service purchasing power trade households will be estimated using McComb Group's proprietary purchasing power model. 2.3 Future retail sales potential and supportable square feet for the Penn Crossings Retail District will be estimated taking into consideration competitive impacts, trade area demographics, purchasing power and estimated market share. Based on an analysis of purchasing power, future retail and service potential will be estimated by business type. Estimates of retail and services supportable by sales potential will be prepared for 2010 using McComb Group's proprietary software which contains retail sales potential for over 100 business establishments. Hoisington Koegler Group Inc. July 11,2006 2 lo____~----- _n___~_________~__ ____________ 2.4 Summarize Market Analysis - The results of the market analysis will be documented in an executive summary with tables and graphics to support recommendations. The executive summary will contain appropriate graphics and explanation of findings, conclusions and recommendations. 2.5 Meetings - Nine meetings are included in the market analysis tasks. These meetings will be designed to communicate the results of the market analysis findings to planning team members, neighborhood groups and the City of Richfield staff and City Council. Task 3 - Prepare and Evaluate Long-Term Growth Alternatives - Agree on Future Land Use Plan The Penn Crossings Neighborhood Study needs to fully integrate information learned during the market analysis with land use planning in order to establish a "road map" for the future of the Penn Avenue business area. Considering the results of the market analysis and the results of the student led visioning study, HKGi will examine the potential long-term evolution of the Penn Crossings Neighborhood area. The "big picture" scenarios will include all of the portions of the corridor that are currently used for commercial purposes and applicable residential portions of the project area. At the big picture scale, project area land uses, densities, pedestrian linkages, transportation, transit connections, parking, circulation and open space will be considered. This level of thinking will examine broad scale opportunities and will provide the basis for a more detailed focus on the potential future land use changes that are likely to occur in the project area over time. HKGi will develop two detailed, future land use concepts for the study area using the results of the Penn Avenue Visioning Study as a base. Concepts will identify preferred locations for specific land uses and property to be retained and/or converted to other uses. The concepts will depict long-range future land use alternatives involving a mix of residential properties at varying densities, commercial uses, public uses and spaces, and mixed-use properties as well as required parking. Future land use concept alternatives will be developed using an in-house charrette format involving HKGi staff and other project team representatives. The Staff Team will be invited to participate in the in-house sessions. During this phase of the work, the HKGi project team will meet with the staff team, the Neighborhood Advisory Committee, the Richfield Planning Commission, the City Council and the general public. Neighborhood Meeting #1 will be held to present the future land use alternatives for the study area. After input has been received on the future land use alternatives, the focus of Task 3 will shift to the identification of a preferred option. Working with the staff Team, the HKGi team will refine the alternatives into a preferred alternative that will become the future land use recommendations for the Penn Crossings Neighborhood area. Hoisington Koegler Group Inc. July 11, 2006 3 f..p~5' Subtasks that are part of Task 3 include: 3.1 Illustrate concepts for the project that depicts the "big picture" thinking for its long-term evolution. 3.2 Prepare detailed future land use concept alternatives for the study area depicting varying land uses, building configurations, parking etc. The results, market analysis and the Penn Avenue Visioning Study will be used as a basis for this work. 3.3 Review the alternative concepts for compatibility with existing and anticipated public utilities. 3.4 Review the alternatives to determine compatibility with the existing adjoining street system and other existing facilities that will remain in place. 3.5 Assemble preliminary cost estimates for public and private improvements associated with each of the concept alternatives. 3.6 Identify general funding options for public and private improvements. 3.7 Meet with the staff team to review the specific alternative future land use concepts. 3.8 Meet with the Planning Commission to review the alternative land use concepts. 3.9 Meet with the Neighborhood Advisory Committee to review the alternative land use concepts. 3.10 Present the "big picture" illustrated project area vision and the alternative future land use concepts at Neighborhood Meeting #1. Neighborhood Meeting #1 will involve the general public in an active critique of the planning options. 3.11 Summarize the results of Neighborhood Meeting #1. 3.12 Work with City staff to assemble a project newsletter depicting project progress. 3.13 Meet with the staff team to screen the alternatives and identify a preferred alternative. 3.14 Assemble the preferred future land use alternative concept. 3.15 Meet with the staff team to review the preferred alternative concept. 3.16 Meet with the Neighborhood Advisory Committee to review the preferred concept. 3.17 Meet with the Planning Commission and City Council to review the preferred concept. 3.18 Refine the preferred concept alternative into a future land use plan. 3.19 Meet with the staff team to review the future land use plan. Task 4 - Formulate Neighborhood Growth Strategy - Define Implementation Steps Task 3 will result in a future land use plan for the neighborhood that has a sound basis in market reality. Task 4 builds upon the outcome of Task 3 by specifically addressing strategies for how the neighborhood is expected to look and function in the future. Its focus will be on identifying both public and private actions that will be necessary to realize the goals for the neighborhood that are embodied in the future land use plan. It Hoisington Koegler Group Inc. July 11,2006 4 ________Jp __1P________ will address regulatory steps that need to be taken as well as financing initiatives that need to occur. Based on the future land use plan for the Penn Crossings neighborhood, HKGi will add sufficient detail to the plan to enable the formulation of implementation strategies and the identification of appropriate funding mechanisms. General design guidelines for commercial and residential properties will be assembled consistent with the overall vision for Penn Crossings. Plan sheets and an illustrative document with photographs, sketches, diagrams and supporting narrative will be prepared to allow people to fully understand what will be suggested by the design guidelines. Cost estimates for public and private components of the study will be assembled. Along with the future land use plan, cost estimates will be used to establish a framework for what needs to be done. Task 4 will then focus on identifying appropriate implementation strategies. Implementation strategies will consider redevelopment constraints posed by recent changes in eminent domain statutes and will focus on both retention of appropriate current businesses and the attraction of new business ventures. It will also include a framework for regulatory changes that need to be subsequently made in order to realize future land use goals. The completed plan, in draft form, will be reviewed by the staff team, the Neighborhood Advisory Committee, the Planning Commission and the City Council. Following an initial review, Neighborhood Meeting #2 will be held to present the draft plan and implementation strategies to seek additional input. Revisions to the plan as appropriate will be made prior to initiation of the formal project approvals process. 4.1 Assemble design guidelines. 4.2 Assemble refined cost estimates for both public and privaty improvements. 4.3 Illustrate character elements and features in key plan areas. 4.4 Identify a framework for comprehensive plan and zoning revisions required to implement the plan. The Penn Crossings Neighborhood Study will be assembled in a manner that allows portions of the final report to be directly integrated into the upcoming 2008 Richfield Comprehensive Plan update. 4.5 Identify and describe the public initiatives required to implement the Penn Crossings Neighborhood Study. 4.6 Identify other resources that might be used to help strengthen existing businesses including those of local universities and other governmental entities. 4.7 Prepare funding program associated with implementation of the plan. 4.8 Evaluate the potential for establishing one or more tax increment financing districts. 4.9 Evaluate the use of tax abatement. 4.1 0 Evaluate other funding tools. HKGi will explore and evaluate the full array of options that apply to implementing the plan. Tools such as housing improvement areas may fill in critical gaps in the overall finance plan. Hoisington Koegler Group Inc. July 11, 2006 5 lR - L____________________ __ _____ 4.11 Review the future land use plan and design guidelines with the staff team. 4.12 Review the implementation strategies with the Neighborhood Advisory Committee. 4.13 Review the implementation strategies with the Planning Commission and City Council. 4.14 Complete draft plan revisions based on input received. 4.15 Conduct Neighborhood Meeting #2 in an open house format to receive public comments on the plan. 4.16 Review the results of Neighborhood Meeting #2 with the staff team and make fInal adjustments as appropriate. Task 5 -Public Review and City Approval Having completed the final draft of the Penn Crossings Neighborhood Study, HKGi will work with City staff to obtain approvals by the Planning Commission and City Council. 5.1 Prepare materials for the fInal plan for approval by the Planning Commission. 5.2 Prepare materials for the fInal plan for approval by the City Council. 5.3 Prepare necessary revisions. 5.4 Produce the fInal report. A fInal report will be generated incorporating work from all previous tasks. 5.5 Work with City staff to prepare a fInal newsletter for the project containing a summary of fIndings and recommendations. Hoisington Koegler Group Inc. July 11, 2006 6 .. ._&z~ ~___ <i .:; Q. " o o <I) 00 <I) o :.: c o CO c .;;; ;; :I: . . ~ "'C ~ c - ra V') s:: 5B ,sClJ ~ "'C :!: '" jg 0 0::J ""-0 Vl 0 ~C .=: .c: 5.:9 '3 ~ ... ~~ e e 0 bn= ~ Q. ..c c ::l -0 Jt .c: 0.... 0 .....c 0 b OJ) ClJ 0 .=: U itiClJ .... "(jj 0 ..a~ .c -0 Z '" ~~ .=: c :s .~ tlJl ra 'iiJ ~ ~ ~ ~ ;;; -0 '" Z c c ClJ 'e: .5 2 00: ra > ClJ a:i C ~~ iti c=:: 'tl .... '3 ClJ "Vi ClJ ra E .l::! := ClJ ~ E V\ ',"" Q.ClJ :c ~ e ra ~= -0 e :!: IS: ::l 0 c.. c..oo: c.. 0 0 0 U -E N 0 , C .Q ...... C N m ~ Ln -6il ...... Q) .::0: .::0: .::0: .::0: .::0: :;:., '" '" '" '" '" '(jj 'S c.. Fl! Fl! Fl! Fl! Fl! z ...., AGENDA ITEM # 7 REpORT # 36 STAFF REpORT HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT 11ANAGER NAME, TITLE REpORT PRESENTER: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT 11ANAGER NAME, TITLE DEPARTMENT DIRECTOR REVIEW: REVIEWED BY EXECUTIVE DIRECTOR: ITE11 FOR HRA CONSIDERATION: Consideration of a plan for additional improvements at City Bella. 1. RECOMMENDED ACTION: By Motion: Request staff to formulate agreements, discuss and secure feedback about a work plan with affected resident associations, and return to the HRA to finalize a proposal with City Bella LLC. I II. BACKGROUND I At the December 2005 Housing and Redevelopment Authority (HRA) meeting the HRA requested staff to assemble a specific proposal that would utilize $500,000 that is due to the City Bella, LLC (Redeveloper) for construction of the public plaza. The $500,000 was secured from the Metropolitan Council for funding pedestrian scale improvements adjacent to City Bella. The HRA added conditions that before the Redeveloper would be compensated for the plaza, the Redeveloper would commit $500,000 to a skyway between City Bella and Woodlake Centre. An agreement was authorized by the HRA that would set aside the $500,000 for up to ten years. At the end of ten years, if the additional $1.5 million estimated to be . needed for a skyway was not secured, the funds would revert to the Redeveloper. 071706 City Bella The specific proposal sought by the HRA has been prepared in collaboration with staff and the Redeveloper. To summarize: . Streetscape elements, planters and trees, would be added to the front of the four-story building. . The pedestrian scale "shepherd hook" lighting would be extended around the perimeter of the entire southwest quadrant adjacent to the public sidewalks. . The bright white metal halide fixtures will be replaced with high pressure sodium, which will provide a "warmer" feel. . The curb line along Lyndale Avenue would be straightened to remove the bus pocket and provide more on street parking adjacent to the commercial uses. . The multiple boxes of traffic signal and switching equipment adjacent to 66th Street and Lyndale Avenue would be placed in a below grade vault at approximately the same location. . Planter edges in and around City Bella would be repaired and improved to minimize skateboard impacts. . Relocate the existing bus shelter to north of 66th Street on Lyndale Avenue. . Public sculpture would be added in two to three locations along Lyndale Avenue to continue themes of sculpture already installed near K-Mart and Woodlake Centre quadrants of 66th Street and Lyndale Avenue. The estimated cost for the scope of work is $471,706. Initial bids received by the Redeveloper are confirming that the estimated costs are accurate. The work plan to proceed, if the HRA concurs with the scope of work, includes: . Communicating the opportunity to make additional improvements without the HRA and resident associations incurring costs. . Meeting with the City Bella, Gramercy Park and Lake Shore Drive Associations to secure feedback and input. . Formulating an agreement with the Redeveloper. . Identifying a source of funds to maintain the improvements. Attached is a summary of costs and concept sketches prepared by Michael Schroeder, a consulting landscape architect. The southwest quadrant at 66th Street and Lyndale Avenue has developed over a 20-year period to provide approximately 500 units of housing with a central plaza connected to Wood Lake Nature Center and downtown shopping and services. The proposed improvements continue to blend public and private spaces in ways that enhance the pedestrian scale environment that the community is creating in the downtown area. I III. BASIS OF RECOMMENDATION I I A. POLICY I . The partnership of the HRA and City Bella LLC is based on a Contract for Private Redevelopment. . A different type of pedestrian scale improvement is being proposed for City Bella rather than a future skyway. New agreements would be required reflecting this change. . Input from affected resident associates is needed before finalizing the work plan and agreements. I B. CRITICAL ISSUES I . It is important that the HRA and resident associations not incur added expense for the Redeveloper to install the improvements. . Staff contacted VEF Advisors in Chicago, owners of Wood lake Centre, and they expressed concern that the cost of the skyway connection would be too high for the business/tenant benefit. . Staff contacted M&I Bank, now a tenant at Wood lake Centre, and they were concerned a skyway investment would not provide added business to warrant the expense. . Funding for transportation improvements is very limited and very competitive and a skyway is simply not a priority. . The City Bella Association has not been asked directly of their interest in a skyway. However, concerns about limited use and building security would be obvious concerns. This would be discussed further when meetings are held with the Association. . Skyways are a part of the Master Plan for Lakes at Lyndale at this location. A decision to use the $500,000 in a different way today does not mean a skyway could not be considered in the future. . The Redeveloper experienced $104,828 in additional costs for the Lake Shore Drive crosswalk and 67th StreetlLyndale Avenue intersection improvements. The Redeveloper has requested that the difference between the $500,000 and the cost of the scope of improvements, $471,706; a balance of $28,293 be provided to the Redeveloper as partial reimbursement for the added expenses. I C. FINANCIAL I . The HRA is holding $500,000 until a plan is finalized. . The HRA and resident association should not incur additional expense to install the improvements, I D. LEGAL I . Legal counsel would be requested to prepare new agreements to match the Scope of Work. I IV. ALTERNATIVE RECOMMENDATION(S) . Consider other improvements. . Continue to reserve the $500,000 for a skyway. . Return the $500,000 to the Metropolitan Council. I V. ATTACHMENTS I . Summary of work plan and concept drawings. I VI. PRINCIPAL PARTIES EXPECTED AT MEETING . Michael Schroeder . II I ! -it j!2~~ j~N~ ~:sf ~~ ~ ~.~ ~ ~-5 ~ ,12 U ~ ~ ~ ~ ~ ~ ~ <ll <'l-C> .E S ~ .~ .... 'l:j ~ ~ ~ i:l ~ l~ ~ ~ .... ra &.<.l ~ ~ ~ ." tJ ~ o o ..,f ('oJ '" ~d 0:'" " ~ -<"" 00 1:! 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I / I I' ~r\' i LJ l:~} I ......'" .,t"-..... /'"-j --....!t!J'.1?"" f}~.... ,~~!3 'e4 - ,'-" .-= :,EMml) (~ - r I t.1tL f~'~- .........~ i i . .~~T~ --~t ~~J1 ... .~ ""r 1;- i J . I -~._--... I j ). t r , i ~jjJ L...- "-':~'l ! u iO c:: 1lI -a. CI) I : f ! In 1!! g! o ! I p- j f .. \, . ,\~x: ~ x? ....-....t'1;:-<h I C- .')I...u ':>-<'1 ',. ....\.1 \,../! . \ . \ --......------L . ! i I: ~ \ 1 . 7-3 . f T~+--! ' I I - t-l ::-:~-~~;<j j .....----_~"___l . ! i ! I 1--1-0. ,....0..'....... -,II,>...~. --T--LlO- I ,0-1 . i1-~ r- --. j ! i .I . s.... .S2 r:::: co c.. --- co r:::: o ~ CO > Q) W . AGENDA ITEM # 8 REpORT # 37 ....... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: KA TIA MEDVETSKI, REDEVELOPMENT SPECIALIST NAME, TITLE REpORT PRESENTER: PATRICK SMITH, COMMUNITY DEVELOPMENT1{ANAGER DEPARTMENT DIRECTOR REVIEW: NAME, TITLE REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Public hearing regarding consideration of a resolution authorizing the sale of real property to R an Com anies US, Inc. Cedar Point Commons. 1. RECOMMENDED ACTION: Conduct and close the public hearing and by motion: Adopt the attached resolution authorizing the sale of real property to Ryan Companies US, Inc. Cedar Point Commons. I II. BACKGROUND I . The Contract for Private Development (Developer's Agreement) between the Richfield Housing and Redevelopment Authority (HRA) and Ryan Companies US, Inc. (Developer) for Cedar Point Commons (Development Project), and subsequent amendments thereto, contemplates certain land conveyances from the HRA to the Developer. · This action addresses the land owned by the City that will be conveyed to the HRA and then conveyed by the HRA to the Developer. This is a public hearing on the conveyance to the Developer. 071706 HRALandSaleRyan . On June 26,2006 the HRA approved a Purchase Agreement with the City. The City approved this Purchase Agreement on June 27,2006. . Time is of the essence to process land sale transactions in order for the Development Project to proceed. . At this time, the sale of the real property indicated on the attached map and delineated in Exhibit A to the resolution to the Developer is being requested. . At a special HRA meeting on July 25, 2006, a public hearing will be held for the authorization to sell to the Developer the real property currently owned by the HRA and certain real property within eminent domain proceedings (gap parcels). . The resale of said property to the Developer will be undertaken in accordance with the Developer's Agreement. I III. BASIS OF RECOMMENDATION I I A. POLICY I . All real property conveyances are being undertaken in furtherance of redevelopment in accordance with the provisions of Sec. 11.7 of the Developer's Agreement. I B. CRITICAL ISSUES I . On June 26, 2006 the Planning Commission approved a resolution determining that certain sales of real properties are consistent with the Richfield Comprehensive Plan. . On June 26, 2006 the HRA approved a Purchase Agreement with the City for certain real properties that are part of this action. . On July 6 a legal notice of public hearing for the sale of certain real property in the City to the Developer was made in the Sun Current newspaper. This notice was for this public hearing by the HRA on July 17, 2006. I C. FINANCIAL I . Land sales to the Developer will be made in accordance with the Developer's Agreement. I D. LEGAL I . Legal counsel has reviewed the attached Resolution and continues to work with staff on land sale matters. I IV. ALTERNATIVE RECOMMENDATION(S) I . Delay or do not approve the land sale to the Developer. I V. ATTACHMENTS . Resolution . Map I VI. PRINCIPAL PARTIES EXPECTED AT MEETING . N/A g~1 HRA RESOLUTION NO. RESOLUTION AUTHORIZING SALE OF REAL PROPERTY TO RYAN COMPANIES US, INC. WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the "HRA") desires to develop certain real property in accordance with a Contract for Private Development with Ryan Companies US, Inc. (the "Developer"), dated July 27,2005 (the "Contract") and an amendeq First Amendment, dated June 30, 2006, (collectively, the "Contract") said real property described in the attached Exhibit A; and WHEREAS, the HRA is authorized to sell real property within its area of operation after public hearing; and WHEREAS, a public hearing has been held after proper public notice. NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority in and for the City of Richfield: 1. A public hearing has been held and the real property listed in the attached Exhibit A is authorized to be sold to the Developer in accordance with the Contract. 2. The Chairperson and Executive Director are authorized to execute the necessary documents or other agreements as required to effectuate the sale to the Developer. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of July, 2006. Suzanne Sandahl, Chair ATTEST: Donna Drummond, Secretary g ..- d- EXHIBIT A Legal Descriptions of Properties Portions of 6301-6539 All those parts of Lots 1 through 10 inclusive, Block 1, and Lots 1 Cedar Avenue South through 12, inclusive, Block 8, and Lots 3 through 12 inclusive, Block 15, according to the recorded plat thereof, Hennepin County, Minnesota; lying westerly of the following described line: Beginning at the WestQuarter Corner of Section 25, Township 28 North, Range 24 West, Hennepin County, Minnesota; thence northerly along the west line of the Northwest Quarter of said Section 25, North 00 degrees '12 minutes 36 seconds East, a distance of 116.80 feet; thence North 41 degrees 00 minutes 23 seconds East, a distance of 22.55 feet; thence North 04 degrees 38 minutes 15 seconds East, a distance of 459.06 feet; thence North 08 degrees 28 minutes 23 seconds East, a distance of 188.35 feet; thence North 03 degrees 59 minutes 48 seconds East, a distance of 1019.41 feet; thence North 00 degrees 10 minutes 57 seconds East, a distance of 64.46 feet to the north line of Lot 3, Block 15 of said NEW FORD TOWN. 1820 66th Street E Lots 1, 13, and the South 50 feet of Lot 2, Block 1, Iverson's Third Addition, Hennepin County Minnesota, except portion required for roadway 1800 66th Street E Lot 14, Block 1, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway 1720 66th Street E Lot 1, Block 4, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway 1714 66th Street E Lot 2, Block 4, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway 1708 66th Street E Lot 3, Block 4, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway 1700 66th Street E Lot 4, Block 4, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway 6328 Cedar Avenue S Lot 3 and the North 40 feet of Lot 2, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6344 Cedar Avenue S Lot 1 and the South 60 feet of lot 2, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6400 Cedar Avenue S Lot 6, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6412 Cedar Avenue S Lots 4, 5, and the North :Iz of Lot 3, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6444 Cedar Avenue S Lots 1, 2 and the South:lz of Lot 3, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6520 Cedar Avenue S Lot 4 and the South 71 feet of Lot 5, Block 1, Iverson's Third Addition, 071706 HRALandSaleRyan ~/3 Hennepin County, Minnesota 6315 18th Avenue S Lot 9, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6321 18th Avenue S Lot 10, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6327 18th Avenue S Lot 11, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6333 18th Avenue S Lot 12, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6339 18th Avenue S Lot 13, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6345 18th Avenue S Lot 14, Block 3, Iverson's Third Addition, Hennepin County, Minnesota 6401 18th Avenue S Lot 7, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6409 18th Avenue S Lot 8, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6415 18th Avenue S Lot 9, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6421 18th Avenue S Lot 10, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6427 18th Avenue S Lot 11, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6433 18th Avenue S Lot 12, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6439 18th Avenue S Lot 13, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6445 18th Avenue S Lot 14, Block 2, Iverson's Third Addition, Hennepin County, Minnesota 6509 18th Avenue S Lot 8, Block 1, Iverson's Third Addition, Hennepin County, Minnesota 6515 18th Avenue S Lot 9, Block 1, Iverson's Third Addition, Hennepin County, Minnesota 6521 18th Avenue S Lot 10, Block 1, Iverson's Third Addition, Hennepin County, Minnesota 6527 18th Avenue S Lot 11, Block 1, Iverson's Third Addition, Hennepin County, Minnesota 6533 18th Avenue S Lot 12, Block 1, Iverson's Third Addition, Hennepin County, Minnesota 6314 18th Avenue S Lot 14, Block 6, Iverson's Third Addition, Hennepin County, Minnesota 6320 18th Avenue S Lot 13, Block 6, Iverson's Second Addition, Hennepin County, Minnesota 3--tf 6326 18th Avenue S Lot 12, Block 6, Iverson's Second Addition, Hennepin County, Minnesota 6332 18th Avenue S Lot 11, Block 6, Iverson's Second Addition, Hennepin County, Minnesota 6344 18th Avenue S Lot 9, Block 6, Iverson's Second Addition, Hennepin County, Minnesota 6400 18th Avenue S Lot 16, Block 5, Iverson's Second Addition, Hennepin County, Minnesota 6408 18th Avenue S Lot 15, Block 5, Iverson's Second Addition, Hennepin County, Minnesota 6414 18th Avenue S Lot 14, Block 5, Iverson's Second Addition, Hennepin County, Minnesota 1614 66th Street E Lot 2, Block 5, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway * 1620 66th Street E Lot 1, Block 5, Iverson's Third Addition, Hennepin County, Minnesota, except portion required for roadway * Between 6511 Cedar All of Lot 5, Block 1, New Ford Town, except the North 20 feet and Avenue South and 6521 except the South30 feet thereof. CedarAvenue South Between 1820 East 66th All of Lot 2, Block 1, Iverson's Third Addition, except the South 50 feet Street and 6528 Cedar and except the North 46 feet thereof. A venue South Between 6520 Cedar All of ot 5, Block 1, Iverson's Third Addition, except the South 71 feet Avenue South and 6500 and except the North 25 feet thereof. Cedar Avenue South ~7: ?,ji~ } ~,tQ1 6400 6401 'c~ ~ II!};; ""'" : 6409 6408 6409 :;r; ;Z' ~ 6415 6414 6415 ,',,' ~, ~2 u.i c l';:Y :~21h 64~g,~ u.i 6421 ~ ~ \':,: ",' ~" 6427 6426 6427 J: )~~ J: ':.", ;' I- " I- ..... &oi:p 6432: 6433 .... CO .... -:;}: . ::~~,~; :,6439 6438 6439 "', , ;~; ..., ,::' e;, '6445 . 6444 .' 6445 ~;'..,: ~'I" \.::' '. :; ~i': ,~.,:: :;L:c :.~;,: "; .~t-;,. r ~:;2 :j i :. ~ ;,) Z;" :\ S';: ,:::: -"'i ,(' ; ,; .' v 0 CO ~ ~ ~ ~~ \C~ r: ,.: 'i, . ::..: :,2.., ~UU ,'~ r----_ ~. :~ TAFT'<l?ARK - 6315 6314 ~ 63RD ST. :. I " ':~V 6315 '", 6321 6320 6327 6328 6333 ~ 6339 6344 6345 64TH ST. 6400 - 6412 6444 65TH ST. 6501. ,6500 6509 ',''.,:../ 63?1 6320 6515 6520 ~27 6326 6521 6527 I.... "',: 6528 6333 6332 6533 o al 1820 ~ I"," ',,': :~,;, j ; :~: . I/GIS/COMDEV/STAFF/BILUPROJECTS/CEDAR PT REDEV ASSESSMT. APR "'~'-"' ij39 1'.~R38;f 6345 6344 6l?(l1 t" ';'6500; 6509 65~~: 6510 651f: ~~{ i.,"" 6521 ~,,--" -' ~~2! \j52iL: 65~3 . , e:;;;,," 8 ~ ~ ~ c: t:: t:: C: :: "',, r, ,:> ':. ~uu: l "" ~-6' , , , .: : 6301 J " 6311 6315 6325 , :, '. 6333 6341 6345 : , 6405 ,'. . " 6409 " a~ 6417, :;: u.i 6421 ~ ~ jo ~ 0:: 6425 ~ 6429. , !I~ w (.) 6431, 644h 64~: '; " ~~1 . 650~ , 11 , ,: ,6525 , :6529 >:::'.:-> ~'~':'~ "~- J;:~ 600 " , 800: Feet RICHFIELD HOUSING & REDEVELOPMENT AUTHORITY CEDAR POINT LAND CONVEYANCE PROPERTIES Legend ...., Cedar Point L........J Project Boundary r---1 Land Sale to L-.J Ryan Companies US, Inc. : ~ N July 17, 2006 AGENDA ITEM # 9 REpORT # J~ ........ STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER NAME, TITLE REpORT PRESENTER: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER DEPARTMENT DIRECTOR REVIEW: . .",,) EJI'/ ""',/"'; l . ~' ,;' ...... ''',' V"" NAME, TITLE REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of a request for the City Council to call a public hearing on the Modification to the Redevelopment Plan for the Richfield Redevelopment Project Area and the establishment of the Cedar Avenue Tax Increment Financing District and referral of the Modified Plan to the Plannin Commission. 1. RECOMMENDED ACTION: By Motion: Approve the attached Resolution requesting the City Council of the City of Richfield to take certain actions with respect to the modification of a Redevelopment Plan for the Richfield Redevelo ment Pro.ect Area. I II. BACKGROUND I Now is the appropriate time to initiate the establishment of the Cedar Corridor Tax Increment Finance District (TIF District). The TIF District will coincide with the "low frequency noise" area associated with the new "north-south" runway with the tax abatement area excepted. (See attached map.) The TIF District is located within the Richfield Redevelopment Project Area (Project). The current Project Plan is in need of revision to incorporate the TIF District into the Project Plan. It is appropriate for the Housing and Redevelopment 071706 Request Call PH for Cedar TIF Authority (HRA) to request the City Council to call for a public hearing on the modification of the Project Plan and refer the matter to the Planning Commission for consideration. I III. BASIS OF RECOMMENDATION I I A. POLICY I . The process prescribed by Minnesota Statutes is being followed. . On June 28, 2005 the City Council approved the Special Legislation which made the establishment of the TIF District possible. I B. CRITICAL ISSUES I . . The modified Project Plan needs to be in place before Ryan Companies US, Inc. applies for building permits for buildings on the west side of 17th Avenue. . A public hearing by the City Council is proposed for September 26, 2006. I C. FINANCIAL I . The portion of Cedar Point west of 17th Avenue is outside the abatement area. TIF is required. I D. LEGAL I . Legal counsel has opined that now is the appropriate time to undertake this process. I IV. ALTERNATIVE RECOMMENDATION(S) I . Do not request the City Council to call a public hearing at this time. However, the schedule for development on the west side of 17th Avenue will be negatively impacted and the Cedar Point project jeopardized. I V. ATTACHMENTS . Resolution . Map I VI. PRINCIPAL PARTIES EXPECTED AT MEETING . N/A q-I RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY CITY OF RICHFIELD HENNEPIN COUNTY, STATE OF MINNESOTA RESOLUTION NO. RESOLUTION REQUESTING THE CITY COUNCIL OF THE CITY OF RICHFIELD CALL FOR A PUBLIC HEARING ON THE MODIFICATION OF THE RICHFIELD REDEVELOPMENT PROJECT AREA AND THE ESTABLISHMENT OF THE CEDAR AVENUE TAX INCREMENT FINANCING DISTRICT (A REDEVELOPMENT DISTRICT) BE IT RESOLVED, by the Board of Commissioners (the "Board") of the Richfield Housing and Redevelopment Authority, Richfield, Minnesota (the "HRA") as follows: . WHEREAS, the City Council (the "Council") of the City of Richfield, Minnesota (the "City") established the Richfield Redevelopment Project Area pursuant to Minnesota Statutes, Sections 469.174 to 469.1799, inclusive, as amended, in an effort to encourage the development and redevelopment of certain designated areas within the City; and WHEREAS, the HRA is proposing the modification of the Richfield Redevelopment Project Area and the establishment of the Cedar Avenue Tax Increment Financing District, pursuant to, and in accordance with, Minnesota Statutes, Sections 469.174 to 469.1799 and Sections 469.001 to 469.047, inclusive, as amended; NOW, THEREFORE BE IT RESOLVED by the Board as follows: 1. The HRA hereby requests that the Council call for a public hearing on September 26, 2006 to consider the proposed adoption of the Modification to the Redevelopment Plan for the Richfield Redevelopment Project Area and the proposed adoption of the Tax Increment Financing Plan for the Cedar Avenue Tax Increment Financing District (collectively, the "Plans") and cause notice of said public hearing to be given as required by law. 2. The HRA directs the Executive Director to transmit copies of the Plans to the Planning Commission of the City and requests the Planning Commission's written opinion indicating whether the proposed Plans are in accordance with the Comprehensive Plan of the City, prior to the date of the public hearing. 3. The Executive Director of the HRA is hereby directed to submit a copy of the Plans to the Council for its approval. 4. The HRA directs the Executive Director to transmit the Plans to the county and the school district(s) in which the Cedar Avenue Tax Increment Financing District is located not later than August 25,2006. 5. Staff and consultants are authorized and directed to take all steps necessary to prepare the Plans and related documents and to undertake other actions necessary to bring the Plans before the Council. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of July, 2006. Suzanne M. Sandahl, Chair ATTEST: Donna Drummond, Secretary 071706' Request Call PH for Cedar TIF <('0 w'- o::b t/) <( .- ....0 ot>> w.= -'u OC o::ca a.. .= ....LL z..... wi ,~ ...JU w-= >>< ~t! w'" 0::-8 O'i: ...J'" WO _0 LL... 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NOS~3V<3 ";:: 1;) 0081. .lNOW3H:l is 00.' a~V~IE) 0) 009j.. .10108V\1nH e: "0 009~ ElNIM::I1 e: m OOL~ S3wvr e: 009~ XON)l u:: +-' 006~ NVElOl e: m Q) ~ oooz NVEl?30VII E 00 ~z; N01M3N ~ <( ~:l3AIlO 0 "0 oozz e: Q) OO€Z NN3d X "0' I- OOVZ N33no ~ a. +-' OOSZ 113SSn?3 l- e: 0 Q) OOgz Nval~3HS "'0 E ";:: OOLZ SVv.JOH.L l- e. 0 0 oosz NOldn () Q) I- > 006Z lN30NIA m Q) 000& N~n8HSVM "'0 "'0 Q) Q) OO~& S3X~3X () c:: D I AGENDA ITEM # 10 REpORT # 39 ....... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17,2006 REpORT PREPARED By: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER NAME, TITLE REpORT PRESENTER: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER NAME, TITLE DEPARTMENT DIRECTOR REVIEW: REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of an amendment to Escrow Agreement and execution and delivery into escrow of Taxable Limited Revenue Note for R an Com anies US, Inc. 1. RECOMMENDED ACTION: By Motion: Approve the attached Resolution, which approves an amendment to the Escrow Agreement and authorizes the execution and delivery into escrow of the Taxable Limited Revenue Note for R an Companies US, Inc. I II. BACKGROUND I The Richfield Housing and Redevelopment Authority (HRA) and Ryan Companies US, Inc. (Ryan) are pursuing redevelopment of the Cedar Point area. The HRA's obligation under the Contract is to execute and deliver to Ryan a Taxable Limited Revenue Note, which is the means whereby Ryan receives the benefit of the tax abatement. On April 12, 2005 the City Council approved property tax abatement of the City's portion of real estate taxes for 15 years for Cedar Point. 071706 Ryan Escrow Agreement amendment I III. BASIS OF RECOMMENDATION I I A. POLICY I . On June 30, 2006 the HRA and City Council entered into an Escrow Agreement with Ryan to help facilitate the closing on real estate. . The closing would be further facilitated by having the Note part of the Escrow. lB. CRITICAL ISSUES I . Because the City Council is a party to the Escrow Agreement, Council approval of the amendment to the Escrow Agreement is also required. I C. FINANCIAL I . The Taxable Limited Revenue Note is part of the inducement for Ryan to undertake Cedar Point. I D. LEGAL I . HRA legal counsel drafted the proposed resolution. . The amendment document will be presented subsequently to the Chair and Executive Director for signature. I IV. ALTERNATNE RECOMMENDATION(S) I . Approve the proposed amendment with added provisions or modifications. . Do not approve the proposed Agreement and execution. . Delay consideration. I V. ATTACHMENTS . Resolution I VI. PRINCIPALPARTIESEXPECTEDATMEETING I . A Representative of Ryan Companies US, Inc. . HRA Legal Council 10-1 HRA RESOLUTION NO. RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF TAXABLE LIMITED REVENUE NOTE AND AUTHORIZING AMENDMENT TO ESCROW AGREEMENT WHEREAS, on or about July 27,2005, the Housing Authority in and for the City of Richfield (the "Authority") and Ryan Companies US, Inc. ("Ryan") entered into a Contract for Private Development (the "Contract") calling for the redevelopment of certain tracts of land all as fully described in the Contract; and WHEREAS, the Contract was amended by First Amendment to Contract for Private Development dated June 30, 2006, (the Contract and First Amendment being referred to as the "Amended Contract"; and WHEREAS, in accordance with the terms of the Amended Contract, the HRA is required to execute and deliver to Ryan its Taxable Limited Revenue Note (the "Note"); and WHEREAS, on or about June 30, 2006, the HRA, Ryan and the City of Richfield did enter into an escrow agreement (the "Escrow Agreement") providing for the delivery into escrow of certain instruments and documents to be held in escrow and thereafter delivered all in accordance with the terms of the Escrow Agreement; and WHEREAS it is the desire of the HRA that the Note be executed and delivered into escrow and that the Escrow Agreement be amended to include the Note. NOW THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The Chair and Executive Director are authorized and directed to execute and deliver to the Escrow Agent under the Escrow Agreement the Note, in substantially the form of the Note contained in Exhibit D of the Amended Contract, to be kept in escrow for delivery in accordance with the terms of the Amended Contract and the Escrow Agreement. 2. The Chair and Executive Director are authorized and directed on behalf of the HRA, after consultation with HRA legal counsel, to execute such amendments to the Escrow Agreement as are necessary to permit the delivery of the Note thereto, and for the disposition of the Note. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of July, 2006. Suzanne M. Sandahl, Chair ATTEST: Donna Drummond, Secretary 071706 Ryan Escrow Agreement amendment ~ ~ AGENDA ITEM # 11 REpORT # 40 ..... STAFF REpORT RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 17, 2006 REpORT PREPARED By: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER NAME, TITLE REpORT PRESENTER: PAT SMITH, COMMUNITY DEVELOPMENT MANAGER NAME, TITLE DEPARTMENT DIRECTOR REVIEW: REVIEWED BY EXECUTIVE DIRECTOR' ITEM FOR HRA CONSIDERATION: Consideration of approval of an amended stipulation of final settlement with Marvin Johnson, owner of Air Care-Go, located at 6300-20 Cedar Avenue. I. RECOMMENDED ACTION: By Motion: Adopt the attached Resolution approving the First Amended Stipulation of Final Settlement with Marvin Johnson, owner of Air Care-Go, located at 6300-20 Cedar Avenue. I II. BACKGROUND I On November 21, 2005 the Housing and Redevelopment Authority (HRA) authorized eminent domain proceedings for 6300-20 Cedar Avenue. On February 27,2006 the HRA approved a settlement with Mr. Marvin Johnson, owner of 6300-20 Cedar Avenue. Under the settlement, the HRA paid Mr. Johnson $675,000 for his real estate. Mr. Johnson would vacate the property no later than November 1, 2006. 6300 Cedar settlement This property is a key location withih' the site and the HRA is responsible for providing this site to Ryan. If it isn't available when needed by Ryan, the delays could be costly to the HRA. For example, if Mr. Johnson's property was unavailable until November 1 st, site grading by Ryan Companies US, Inc. (Ryan) would have to occur in stages and utilities would need to be relocated around the property. Under the proposed First Amended Stipulation, the HRA would deposit $100,000 with the District Court and Mr. Johnson would vacate the property on or before September 30, 2006, at which time Mr. Johnson would receive the deposit. The attached proposed Final Amended Stipulation is in a draft form. The final proposed First Amended Stipulation will be presented to the HRA at their meeting on July 17th. I III. BASIS OF RECOMMENDATION I I A. POLICY I . On July 27,2005 the HRA entered into a Contract for Private Development with Ryan Companies US, Inc. I B. CRITICAL ISSUES I . This proposed First Amended Stipulation best meets the needs of Mr. Johnson, Ryan and the HRA. I C. FINANCIAL I . The $100,000 is available from HRA funds. I D. LEGAL I . HRA legal counsel has been an integral part of the negotiation process and drafted the proposed First Amended Stipulation. I IV. ALTERNATIVE RECOMMENDATION(S) . Reject the proposed settlement. Iv. ATTACHMENTS . Resolution . Draft First Amended Stipulation of Final Settlement with Mr. Johnson I VI. PRINCIPAL PARTIES EXPECTED AT MEETING . HRA legal council 6300 Cedar settlement J 1-( HRA RESOLUTION NO. APPROVING AMENDMENT TO SETTLEMENT OF EMINENT DOMAIN PROCEEDING WHEREAS, the Board of Commissioners is the official governing body of the Housing and Redevelopment Authority in and for the City of Richfield ("HRA"); and WHEREAS, on November 21, 2005, by Resolution No. 958 the Board of Commissioners of the HRA authorized and directed the acquisition of the real estate which is legally described in Exhibit A attached hereto ("Subject Property")by use of eminent domain proceedings; and WHEREAS, counsel for the HRA filed a petition in the district court for Hennepin County on December 7, 2005 to acquire the Subject Property by eminent domain proceedings and scheduled a hearing before the judge to whom the matter had been assigned for February 6, 2006; and WHEREAS, counsel for the owners of the Subject Property (listed on Exhibit B, hereafter "Owners") advised counsel for the HRA that the Owners objected to the taking of the Subject Property so that the attorneys asked the court to schedule a trial in district court for consideration of whether there is a public purpose and a necessity for the taking of the Subject Property; and WHEREAS, on February 27,2006, the HRA approved a mediated settlement agreement between the HRA and the Owners under which the HRA paid a total of $645,000 to the Owners and deposited $30,000 with the District Court Administrator to be held until after the Owners vacate the Subject Property and the HRA agreed that the Owners could occupy the Subject Property until November 1, 2006, at the Owners' option; and WHEREAS, the HRA may incur the obligation to pay the redeveloper of the Subject Property a significant amount for extraordinary damages if the HRA is not able to deliver possession of the Subject Property until after November 1, 2006; and WHEREAS, HRA staff have negotiated an amendment of the Stipulation of Final Settlement under which HRA will have the option to advance the date by which Owners will be obliged to vacate the Subject Property to on or before September 30,2006, which would be financially beneficial to the HRA; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD IN REGULAR MEETING ASSEMBLED, that the First Amended Stipulation of Final Settlement attached hereto as Exhibit B is hereby approved and the Executive Director and the Chair of the HRA are authorized to 4 /I-d- execute said agreement and take all steps necessary in accordance with said agreement, Adopted by the Housing and Redevelopment authority in and for the City of Richfield, Minnesota this 17th day of July, 2006. Suzanne Sandahl, Chair ATTEST: Donna Drummond, Secretary 5 11--3 EXHIBIT A Leqal Description of Subiect Property 6300 Cedar Avenue South 26-028-24-11-0061 Richfield, MN The North 33 feet of Lot 4, Block 3; All of Lot 5, Block 3; and the South 17 feet of Lot 6, Block 3, all in "Iverson's Third Addition," Hennepin County, Minnesota. (Abstract property) 6320 Cedar Avenue South 26-028-24-11-0060 Richfield, MN The South 67 feet of Lot 4, Block 3, "Iverson's Third Addition," Hennepin County, Minnesota. (Abstract property) 1 11-,+ Case Type: Condemnation STATE OF MINNESOTA DISTRICT COURT COUNTY OF HENNEPIN FOURTH JUDICIAL DISTRICT The Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under Minnesota law, File No. 27-CV-05-18463 Petitioner, vs. FIRST AMENDED STIPULATION INAL SETTLEMENT is entered into this _ day of July, 2006, by and among The Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under Minnesota law, located at 6700 Portland Avenue, Richfield, Minnesota 55423, Petitioner herein ("HRA") and Respondents Marvin and Deborah Johnson and AIR CARE-GO, 293774vl RJL RC125-260 1 I J~5 INC. (collectively "Objecting Respondents" or "Johnson"), located at 6300 Cedar Avenue South, Richfield, Minnesota. I. RECITALS 1.01. HRA commenced this proceeding to acquir Cedar Avenue, Richfield, MN, which is incorporated herein ("Subject Property"). 1.02. Pursuant to the Stipulation of Fi March 21, 2006 ("Original Stipulation of Final S the total amount of damages to be paid to Jo as a result of the taking of the Subject P separately negotiated and paid) Property to HRA by November atter, dated on benefits which will be r possession of the Subject ement, title of the Subject Property der Transferring Title and Possession in this matter istrict Court Administrator and the Receipt of the d that Johnson agree to amend the Stipulation of Final option to require Johnson to deliver possession of the Subject re September 30, 2006. The parties intend that this First Amended Stipulation of Final Settlement describe the terms under which Johnson will agree to modify the Stipulation of Final Settlement as requested by HRA. 293774vl RJL RC125-260 2 II-Co 1.05. As modified, this agreement shall constitute the Stipulation of Final Settlement by, between and among the parties. II. AGREEMENT NOW, THEREFORE, in consideration of the pre good and valuable consideration, the receipt and su parties hereto hereby agree as follows: 2.01. Incorporation of Recitals. The fo 2.02. Waiver of Objections. Subject t Objecting Respondents each waive any and entitled to interpose in this proceeding t hereby acknowledged, the tipulation. ay otherwise have been (a) personally; subject matter and as to them (b) of the HRA's taking of the Subject ocess followed by the HRA in creation of the pment Project, the adoption of the eminent domain eedings relating to the acquisition by the HRA of the Subject rements of Minn. Stat. S 117.042 that the HRA as condemning ting Respondents at least 90 days notice prior to the transfer of title and possession of the Subject Property to the HRA (subject to the provisions of this Agreement). 293774vl RJL RC125-260 3 I (-7 2.03. Entry of Orders. Subject to performance by HRA under this Agreement, Objecting Respondents, in accordance with the terms stated herein, also stipulate and agree to the issuance by the above Court of: (a) Findings of Fact, Conclusions of Appointing Condemnation Commissioners matter in the form attached hereto as E (b) Findings of Fact, Concl Title and Possession ("Quick Take Order Exhibit D. 2.04. Mediated Settlement A Agreement between the parties whic herein by reference. Petition") in the above Transfer of he Mediated Settlement it B are hereby incorporated hat, provided Johnson provides HRA with marketable title to t 'sh all claims of Johnson and all other respondents t"), including reimbursement of appraisal fees and March 31, 2006, the HRA will deposit $30,000 (the "Deposit") 31, 2006, the HRA will pay Johnson $645,000 ("Settlement Sum") which is agreed to be fair market value and just compensation due and owing for land, building and fixtures in the Subject Property, pursuant to this proceeding. 293774vl RJL RC125-260 4 Il- 8 2.05A. Inducement Deposit. If HRA elects to advance the date by which Objecting Respondents are obliged to vacate the Subject Property from on or before November 1, 2006 to on or before September 30, 2006, the HRA shall deposit $100,000 (the "Inducement Deposit") with the District Court Administrator on or before remain on deposit as additional security to assure Respondents as provided in Sections 2.09 thr makes the Inducement Deposit on or before Se obliged to vacate the Subject Property on or befo to make the Inducement Deposit on or befor be obliged to vacate the Subject Prope Original Stipulation of Final Settleme 2.06. Sti ulation to ct Property by Objecting 2006 as provided in the tioner and Objecting Respondents ers herein of an award of damages in 11 other respondents (except for any amount which estate taxes payable in 2005 and previous years or ssments levied or pending as of February 21,2006). . Petitioner, its agents and assigns, shall have the right upon ollowing execution of this Agreement and prior to delivery of roperty by Objecting Respondents to HRA to enter upon the Subject Property for the purpose of making inspections, taking soil test and borings, making surveys, and performing other investigative work by HRA's employees and agents. 293774vl RJL RC125-260 5 Il-q 2.08. No Subleasing. Objecting Respondents agree that they will not sublease or rerent the Subject Property to any third party after execution of this Agreement and will hold the HRA harmless, defend and indemnify the HRA against the claims of any tenant not named in Exhibit A attached hereto for relocation benefits pursuant to feder 2.09. Continued Possession. continue to occupy the Subject Property until September 30,2006, pro (a) Maintain existing polic liability insurance covering all acts of AIR C employees, agents, representatives an insurance policies shall name th . ect Property. All such (b) Maintain Insurance (including (c) ctric, natural gas, telephone, garbage . d of AIR CARE-GO's occupancy of the Subject e"). However, AIR CARE-GO, INC. shall not have xes or special assessments during the Possession Period; t of any repairs which AIR CARE-GO, INC. in its sole ry during its possession of the Subject Property (notwithstanding the e HRA reasonably determines that AIR CARE-GO's failure to undertake repairs has caused the Subject Property, to become a hazard to public health or safety or a nuisance, the HRA and City shall not be precluded from exercising the City's statutory right to abate the nuisance or otherwise address the problem and if the City 293774vl RJL RC125-260 6 Ii-to elects to do so, the HRA or City shall have the right to recover from AIR CARE-GO, INC. the reasonable costs incurred by the HRA or City in undertaking such repairs as the City in its reasonable discretion deems necessary to protect the public health or safety or to abate the nuisance) ("Required Repairs"); (e) the Subject Property prior to vacation of the Subjec (f) Pay HRA a monthly ren ore the first day of each Settlement Amount and on the first following: (i) AIR CARE-GO, or (ii) September 30, 2006. until the earlier of the ubject Property to HRA, . Respondents' failure to ti In the event of Objecting y, upon five days' written notice by to Minn. Stat. S 117.043 compelling delivery of rwise enforcing the provisions of this Agreement, of attorneys fees, costs and disbursements in favor of HRA. Subject to its performance in accordance with this C. may occupy the Subject Property for the full Possession Agreement until September 30,2006. If AIR CARE-GO, INC. fails to vacate the Subject Property on or before September 30,2006 and to deliver possession thereof to HRA, AIR CARE-GO, INC. shall be in default under this Agreement and shall owe the HRA liquidated damages in the amount of $1,000 for each day thereafter which shall elapse prior to 293774vl RJL RC125-260 7 II-II AIR CARE-GO, Inc.'s vacation of the Subject Property, subject to the limits of the Deposit including accrued interest ("Liquidated Damages"). 2.12. Payments From Deposit. If and to the extent that AIR CARE-GO, INC. fails to pay the cost of Utility Services, Required Repairs, Rent, Liq ages or other amounts due from AIR CARE-GO, INC. to BRA pursuant to CARE-GO, INC.'s occupancy of the Subject counsel for the BRA, the District Court Admi disbursements and reasonable attorney fees incurre h are attributable to AIR HRA from the Security Deposit and the Induce 2.13. d, indemnify and hold the Subject Property arising from HRA harmless against any and all cla' the acts of Objecting Responde occupy the Subject Property . 2.14. der Approving Petition; and (c) the Court's issuance e effective date of this Agreement shall be the date of its e this Agreement. ces, demands and requests required or permitted to be given under writing, and shall be personally delivered, deposited in U.S. Mail, postage paid, registered or certified, return receipt requested, or deposited prepaid for overnight delivery by a reputable overnight courier service, in any case addressed as follows: 293774vl RJL RC125-260 8 Ifto JOHNSON: ( {--{2 Marvin F. Johnson and Deborah H. Johnson 6300 Cedar Avenue Richfield, MN 55423 With a copy to: Howard Roston, Esq. Malkerson, Gilliland, Martin LLP 1900 U.S. Bank Plaz 200 South Sixth Str Minneapolis, 5 If to HRA: Richfield Attentio 6700 Port Richfield, With a copy to: for notice hereunder by notice given in accordance with the prior to the effective date of the address change. Notice shall of personal delivery, two days after the date postmarked, two days urier for delivery or upon the refusal to accept such service. 2.17. Other Terms. This Agreement shall be governed by the substantive law of the State of Minnesota. This Agreement may be executed in counterparts, each of which shall be deemed an original but which together shall constitute one and the same agreement. 293774vl RJL RC125-260 9 /{-/3 2.18. Nondisparagement. Each of the parties agree that the terms and conditions of this Agreement are fair and have been negotiated in good faith and that so long as they receive the bargained for considerations promised to them under this Agreement they will refrain from publication of oral or written statements disparaging the a to the HRA's acquisition of the Subject Property. 2.19 . Waiver of Claims. In consider Amount, Johnson waives any and all claims it 'th HRA's acquisition of the Subject Property, including but appraisal fees, costs and disbursements to w be entitled, but not including relocation 2.20. Ri ht to Further waIve all further hearings, proceedings and app her may elect in order to enforce or carry out the provisions of 2.21. roperty as respects the possible interests of parties n on deposit with the District Court Administrator ondents in the Subject Property are determined. If Petitioner title provided by Objecting Respondents, Petitioner shall move ct to other respondents named in Exhibit A pursuant to Minn. Stat. terests and Objecting Respondents will appear and support an order determining that said other respondents have no interest in the Subject Property. 293774vl RJL RC125-260 10 11--1'1 OWNER The Housing and Redevelopment Authority in and for the City of Richfield By: Marvin F. Johnson By: Steven L. Devich, Executive Director And by: Deborah H. Johnson AIR CARE-GO, INC By: Marvin F. Johnson, its President MALKERSON, GILLILAND & MARTIN LLP THEHRAOF By: Howard Roston, #260460 1900 U.S. Bank Plaza 220 South Sixth Street Minneapolis, MN 55 (612) 455-6655 293774vl RJL RC125-260 11 ll-I~ EXHIBIT A Parcel No.1 (Abstract Property) (PID No. 26-028-24-11-0061) Property Address: 6300 Cedar Avenue, Richfield, MN 55423 Legal Description of Subiect Property: All that part of Lot 4, Block 3, lying Nort 33 feet South of the North line of said L 17 feet of Lot 6, Block 3, all in "Iv recorded plat thereof, and situate in He Together with abutting streets and alley thereto upon vacation. Subject to drainage, utility and street easeme n the recorded plat. Subject to easements of record in favor Description of Takings: Mutual Service by merger now kno s Country Mutual Insurance Company, an Illinois corporation Centerpoint Energy Resource Corp., a Delaware corporation, dba Minnegasco Possible holder of an interest pursuant to judgment against Deborah Johnson acquired in Case No. DCTJ 96-11773. Possible holder of an interest pursuant to judgment against Debra Johnson acquired in Case No. DCPD 96-12367. Possible holder of an interest pursuant to judgment against Deborah Johnson acquired in Case No. DCTJ 97-10977. Possible holder of an interest pursuant to judgment against Debra Johnson acquired in Case No. DCTJ 0018075. Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnson. 293774vl RJL RC125-260 A-I I I - / (p U.S. West now known as Qwest Corporation, a Colorado Corporation Nature of Interest Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnson. Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnso Tenant Name Northern States Power Company, a Minnesota corporation, dba NSP Marvin F. Johnson, dba Market Research Associates AIR CARE-GO, INC., a Minnesota corporation 293774vl RJL RC125-260 A-2 If-- /1 Parcel No.2 (Abstract Property) (pID No. 26-028-24-11-0060) Property Address: 6320 Cedar Avenue, Richfield, MN 55423 Legal Description of Subiect Property: The South 67 feet of Lot 4, Block 3, "Iverson's T . d Addition", according to the recorded plat thereof, and situate in H~nnepin Co . ta. Together with abutting streets and aIle thereto upon vacation. Subject to drainage, utility and street easements a Subject to easements of record in favor of City ofRl Description of Takings: A. Name Marvin F. Johnson and Debor as . oint tenants Richfield Bank & Trust C known as M&I Bank State Farm Auto Insuranc , Mutual Comp Mutua by merge Insurance Co ce Company, try Mutual ois corporation Possible holder of an interest pursuant to judgment against Deborah Johnson acquired in Case No. DCTJ 96-11773. Possible holder of an interest pursuant to judgment against Debra Johnson acquired in Case No. DCPD 96-12367. Possible holder of an interest pursuant to judgment against Deborah Johnson acquired in Case No. DCTJ 97-10977. Possible holder of an interest pursuant to judgment against Debra Johnson acquired in Case No. DCTJ 0018075. Centerpoint Energy ource Corp., a Delaware corporation, dba Minnegasco Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnson. Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnson. Northern States Power Company, a Minnesota Corporation, dba NSP 293774vl RJL RC125-260 A-3 1(- ( ~ Marvin F. Johnson, dba Market Research Associates Nature of Interest Possible holder of an interest pursuant to Bankruptcy Case No. 4-98-2561, of Debra Johnson. Tenant Name U.S. West now known as Qwest Corporation, a Colorado Corporation AIR CARE-GO, INC., a Minnesota corporation City of Richfield County of Henne in All other parties unknown, together with unknown heirs or devisees and souses if an 293774vl RJL RC125-260 A-4 1(--/9 Exhibit B This is a mediated settlement agreement ("Agreement") as of February 21, 2006 between the City of Richfield Housing and Redevelopment Authority ("HRA") and Marvin and Deborah Johnson and AIR CARE-GO (collectively "Johnson"). Recitals: The HRA has commenced a condemnation action, -18463 ("Action"). In the Action, the HRA is seeking to acquire th in the Petition as Parcels 1, 2 and 3 ("Property' the HRA's right to condemn the Property. The HRA and the Johnsons ("Parties") desire to s this Agreement. Now, therefore, for good valuable and suf 1. The HRA will pay to the J 0 the fair market value and j fixtures that comprise the subject to easement co 675,000 ("Settlement Sum") as . ng for the land, building and ketable title to the Property 2. The HRA will p forth in parag an April 1, 2006 (less the sum set 3. RA shall deposit $30,000 with the Court (the vacation of the Property by the Johnsons in of the Settlement Sum is made the following shall occur: ulate that the Court may enter an order authorizing title to the to the HRA upon the payment of the Settlement Sum and the er title shall transfer as provided for in Chapter 117 of the es. The HRA and the Johnsons will work on a mutually Order granting the HRA's Petition. b. The ons shall vacate from the Property no later than November 1,2006, provided that, in their sole discretion, the Johnsons may vacate earlier upon 48 hours written notice to the HRA ("Vacation Date"). Nothing contained herein shall be construed as requiring the Johnsons to vacate prior to November 1,2006. The HRA will make a diligent effort to obtain the necessary approvals to permit the Johnsons to remain until November 15, 2006. If the HRA is able to obtain such approvals, the Vacation Date shall be November 15,2006 or such earlier 293774vl RJL RC125-260 B-1 I [ --d-O date as the Johnsons may vacate in their sole discretion ("Extended Vacation Date"). 5. From March 1,2006 through the Vacation Date, the Johnsons shall pay to the HRA rent in the sum of $200.00 per month ("Rent"). The Rent shall be paid by the fifth business day of each month. If the Johnsons e t to vacate earlier than November 1, 2006 (or November 15, 2006) as set forth abo h 4, Rent shall abate. 6. For as long as they are occupants oft existing insurance in place and shal 7. The Johnsons shall have no responsl the Property from and after the date 0 d against 8. Provided that the Johnsons vacate the Vacation Date), and pay all rent a HRA shall stipulate that the De tion Date (or the Extended ate of vacation, the paid to the Johnsons. 9. In recognition that the buH shall not be obligated to p after the date of this A ree safety. be demolished, the Johnsons ce of the Property from and law to protect health and 10. RA as set forth above, the Johnsons d all claims it may have against the Johnsons arising from or ~ect to approval of by the Board of Commissioners of the HRA ary 27,2006 or it shall be void. In the event the Agreement is not efore February 27,2006 the parties shall jointly request the Court to arch 13, 2006 trial date to a mutually agreeable date. 13. Each of the parties shall pay their own attorneys fees and costs. 293774vl RJL RC125-260 B-2 / l - d( Deborah H. Johnson The Housing and Redevelopment Authority in and for the City of Richfield by , its Executive Director an Marvin F. Johnson AIR CARE-GO, INC. by Marvin F Johnson, President Malkerson Gilliland Martin L by Howard A. Roston (260 293774vl RJL RC125-260 B-3