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06-18-01 Regular I I I HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting June 18, 2001 The meeting was called to order by Chair Harms at 7:00 p.m. HRA Members Present: Thomas Harms; Joan Heimberger; Dan Linnihan; and Kristal Stokes. HRA Members Not Present: Michael Sandahl. Samantha Orduno, Executive Director; Chris Regis, Finance Manager; Bruce Nordquist, Acting Community Development Manager/Housing and Redevelopment Manager; and Deborah Guiher; Deputy City Clerk. Staff Present: M/Stokes, S/Helmberger to approve the minutes of the Regular HRA Meeting of Mav 21,2001. Motion carried 4-0. HRA Meeting Minutes -2- June 18, 2001 Item #1 Steve Sawitzke, 7608 Lyndale Avenue, asked that staff continue to keep in touch with the property owners at 76th Street and Lyndale Avenue on a monthly, if not bi-weekly basis, to keep them abreast of development in terms of contacts with developers or anything involving this project. Chair Harms asked if Mr. Sawitzke was receiving the mailings that are being sent by staff to give updates. Mr. Sawitzke answered yes, he was receiving the mailings until the last meeting. He was receiving weekly electronic mailings. Prior to the electronic mailings he was receiving a monthly update. He would like to receive the updates prior to an HRA meeting so he can prepare questions. Item #2 The agenda was approved by unanimous consent. Item #3 A. Approved resolution ratifying staff approval of just compensation for remnant parcels within the Interchange West Redevelopment Area S.R. No. 46 HRA RESOLUTION NO. 823 RESOLUTION RATIFYING STAFF APPROVAL OF JUST COMPENSATION FOR REMNANT PARCELS WITHIN THE INTERCHANGE WEST REDEVELOPMENT AREA This HRA Resolution appears as HRA Resolution No. 823 in HRA Resolution Book .No.6. M/Helmberger, S/Linnihan to approve the consent calendar. Motion carried 4-0. I I I I I I ,?)'. .~.~"'i ~'.":'f'!'<IJ' "J"....:..".~.. HRA Meeting Minutes -3- June 18, 2001 Item #4 Finance Manager Regis presented Staff Report No. 47 regarding a resolution approving and ratifying financial transactions related to certain tax increment financing districts; and a resolution ratifying and approving a repayment schedule for interfund loans related to the Richfield Rediscovered Program. Mr. Regis also stated that Sid Inman of Ehlers & Associates, Inc. and Rob Tautges of HLB Tauges Redpath, Ltd. were present if there were any questions. Chair Harms asked Mr. Inman if any activities with the Legislature will have an impact on this, and what is the status. Sid Inman, Ehlers & Associates, Inc., stated that if the bill passes in the Senate, the enforcement of tax increment will be taken from the Office of the State Auditor (OSA) and be moved back to the Department of Revenue. M/Stokes, S/Helmberger that the followinq 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. 824 RESOLUTION APPROVING AND RATIFYING FINANCIAL TRANSACTIONS RELATED TO CERTAIN TAX INCREMENT FINANCING DISTRICTS Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 824 in HRA Resolution Book NO.6. M/Linnihan, S/Stokes that the followinq 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. 825 RESOLUTION RATIFYING AND APPROVING REPAYMENT SCHEDULE FOR INTERFUND LOANS RELATED TO THE RICHFIELD REDISCOVERED PROGRAM Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 825 in HRA Resolution Book NO.6. HRA Meeting Minutes -4- June 18, 2001 Item #5 Executive Director Orduno stated that the City Council has requested that the HRA direct staff to continue to find redevelopment for the Lyndale Gateway project that is Residential-Commercial-Retail mixed use, and move forward. Chair Harms asked if anyone has heard from the former developer. Executive Director Orduno responded that no lease was signed and there has been no movement from them. Commissioner Stokes commented that in the beginning of this process the City was looking for development for Residential-Commercial mixed use and ran into difficulty finding anyone to make it work. Executive Director Orduno stated that was correct. If directed by the HRA, the City needs to begin to put together a request for proposals and meet with developers and see what is out there. The City can meet with Opus and Ryan and even smaller developers. She stated that it will take approximately one year to 18 months before anything begins. Commissioner Linnihan asked if this project is best served by a single developer or small planned unit developments (PUD). Executive Director Orduno stated that the City should be open to all possibilities of mixed use whether it be small developers, large developers, or a coalition of developers. Protections will be built in so the City doesn't find itself in the same type of situation again. John Enger, 7328 Bloomington Avenue, stated that he would like the request for proposal to be for mixed-use development. The first level could be used for retail with a possible post office complex and the additional levels used for apartments open to all ages. The City will need more apartments for the employees of Best Buy. He also recommended contacting Sherman & Associates, who has done all types of development in St. Paul. Chair Harms stated that the HRA is interested in proceeding forward and would like staff to continue aggressively pursuing redevelopment in this area. Commissioner Linnihan also stated that the City should encourage potential developers to consider in their proposals possible partnerships with existing owners. Chair Harms asked Executive Director Orduno to convey gratitude to the City Council for their suggestions and to affirm the action of the HRA to move forward. I I I I I I .$).~~~.h~~~ ~,~:;.., -~~;. ,~;~ "i.'" ,;-: '. ..<<:' HRA Meeting Minutes -5- June 18, 2001 Item #6 M/Linnihan, S/Helmberger that the followinq claims and pavrolls be approved: FIRST AR BANK Section 8 Checks: 102023-102125 HRA Checks: 25156-25165; 25513 - 25556 $148,514.85 $189,894.29 Motion carried 4-0. The meeting was adjourned by unanimous consent at 7:15 p.m. Date Approved: July 16, 2001 Deborah J. Gui er Deputy City Cle ~