08-20-07 Regular
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HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
Regular Meeting
August 20, 2007
CALL TO ORDER I
The meeting was called to order by Chair Sandahl at 7:01 p.m.
ROLL CALL
HRA Members
Present:
Sue Sandahl; Martin Kirsch; Joan Heimberger; David Gepner; and Donna
Drummond.
Staff Present:
Steve Devich, Executive Director; Bruce Palmborg, Community
Development Director; Chris Regis, Finance Manager; Vanessa Haight,
Housing Specialist; and Deborah Guiher, Deputy City Clerk.
Item #1 APPROVAL OF MINUTES
M/Gepner, S/Drummond to approve the minutes of (1) ReQular HRA MeetinQ of Julv 16,
2007 and (2) Special HRA MeetinQ of Julv 30. 2007.
Motion carried 5-0.
Item #2 HRA APPROVAL OF AGENDA
M/Helmberger, S/Gepner to approve the aQenda.
Motion carried 5-0.
HRA Meeting Minutes
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August 20, 2007
litem #3 I CONSENT CALENDAR
A. Approved resolution authorizing purchase of 6744 Blaisdell Avenue through New Home
Program S.R. No. 32
HRA RESOLUTION NO.1 015
RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY
LOCATED AT 6744 BLAISDELL AVENUE SOUTH
UNDER THE NEW HOME PROGRAM
This HRA Resolution appears as HRA Resolution No. 1015.
M/Helmberger, S/Kirsch to approve the Consent Calendar.
Motion carried 5-0.
Item #4
PUBLIC HEARING REGARDING RESOLUTION AUTHORIZING SALE OF 7201
NICOLLET AVENUE AND APPROVING CONTRACT WITH GREATER
METROPOLITAN HOUSING CORPORATION FOR DEVELOPMENT OF TWO
SINGLE-FAMILY HOMES S.R. NO. 33
Housing Specialist Haight presented Staff Report No. 33.
M/Gepner, S/Kirsch to close the public hearinQ.
Motion carried 5-0.
M/Drummond, S/Gepner 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.1 016
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT
7201 NICOLLET AVENUE SOUTH TO GREATER METROPOLITAN HOUSING CORPORATION
IN ACCORDANCE WITH A DEVELOPMENT AGREEMENT
Motion carried 5-0. This HRA Resolution appears as HRA Resolution NO.1 016.
Item #5
PRESENTATION AND ACCEPTANCE OF RICHFIELD HRA TAX INCREMENT
DISTRICT STATUS UPDATE S.R. NO. 34
Rebecca Kurtz, Ehlers & Associates, Inc., presented the Tax Increment District Status
Update.
HRA Meeting Minutes
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August 20, 2007
Ms. Kurtz reviewed tax rate compression and the impact it has on the district. She
continued by reviewing the following nine tax increment districts:
. Interchange-Lyndale-Nicollet (ILN)
. Interchange
. Gramercy
. Urban Village
. Interchange West/Lyndale Gateway
. Richfield Rediscovered (pre 1999)
. Richfield Rediscovered (post 1999)
. City Bella
. Lyndale Gateway West
Ms. Kurtz stated that the Cedar Avenue TIF District Update and Cedar Point Tax
Abatement Update will be added to the Status Report in 2008.
Ms. Kurtz said the HRA has decertified 3 TIF Districts. They are:
. Lyndale-Hub-Nicollet (LHN) District
. Cedar Avenue Business Area (CABA) District
. Penn Avenue & 66th Street (PASSS) District
Executive Director Devich asked Ms. Kurtz to explain the Housing Trust Fund and what it is
used for.
Ms. Kurtz explained the Housing Trust Fund and how that money goes back into the
community for programs such as:
. New Home Program
. Transformation Housing Program
. Kids at Home Program
. Pay debt service on the Richfield Rediscovered Post 1999 Bond
Item #6
CONSIDERATION OF REVISED SUBORDINATION POLICY FOR HRA LOANS
S.R. NO. 35
Housing Specialist Haight presented Staff Report No. 35.
Larry Wozniczka, 6744 Wentworth Avenue, stated that during the July 30 Special Meeting
of the HRA, there was a transfer of a title from a parent to a child. He asked if the new guidelines
require, in instances like this, that the loan be satisfied first.
Chair Sandahl responded that any transfer of any interest in a property is treated as a sale
and requires the loan to be paid off.
M/Sandahl, S/Kirsch to approve the revised Subordination Policy for HousinQ and
Redevelopment Authority loans.
Motion carried 5-0.
HRA Meeting Minutes
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August 20, 2007
Item #7
DISCUSSION OF HRA FINANCIAL REPORT
Finance Manager Regis reviewed the HRA Comprehensive Annual Financial Report.
Item #8
CONSIDERATION OF RESOLUTIONS APPROVING 2008 PROPOSED HRA
BUDGET AND TAX LEVY AND 2007 REVISED HRA BUDGET S.R. NO. 36
Community Development Director Palmborg presented the HRA 2007 Revised/2008
Proposed Budget. The following are the accomplishments of Community DevelopmentlHRA and
the key goals for 2008:
Accomplishments:
Cedar Point Commons opening October 14
Additional $500,000 MJP County grant dollars - Cedar Point Commons
Preliminary Agreements United Bankers Bank & TOLD for Cedar Corridor
RFQ solicitation for Cedar Corridor Phase II and 76th & Lyndale - no developer response
New pilot mortgage redemption process for residential properties with HRA liens
Installation of City Bella streetscape
Zoning Ordinance update completed
Comprehensive Plan update initiated
Processed variety of zoning applications including variances and off-street parking agreements
Completed Final Plat for Shops at Lyndale
Kev Goals-2008
Work with developers as market conditions permit:
Existing City Garage Site
Cedar Corridor, Phase II and south of 66th Street
76th & Lyndale (northeast quadrant)
Former Lyndale Garden Center Site
Bridgeman's Site
Emerson Lane
Implement project with Richfield Bloomington Honda
Explore the future of "The Hub" and its role in the community
Continue to explore partnerships with non-profit housing organizations
Complete Comprehensive Plan update
Complete Penn Avenue visioning process, implement as property owners and developers
emerge
Continue Richfield Rediscovered, Transformation Loans, Section 8 and foreclosure
redemption process
Community Development Director Palmborg continued by reviewing the HRA Admin
Revenue Comments, Budget Considerations and the City and HRA Expenditures.
Finance Manager Regis discussed the HRA Levy History, HRA Levy vs Maximum Levy and
the HRA Unused Levy Authorities for previous years.
There was discussion and consensus amongst Commissioners that the HRA Levy be
increased to the maximum levy authority.
HRA Meeting Minutes
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August 20, 2007
M/Sandahl, S/Kirsch that the followinq HRA resolution be amended to adopt the maximum
levv that is allowed under law, that it be spread in the HRA resolution book and that it be made part
of these minutes:
HRA RESOLUTION NO.1 017
RESOLUTION APPROVING PROPOSED 2008 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 2008 TAX LEVY
Motion carried 5-0. This HRA Resolution appears as HRA Resolution No. 1017.
M/Helmberger, S/Drummond that the followinq HRA resolution be adopted, that it be spread
in the HRA resolution book and that it be made part otthese minutes:
HRA RESOLUTION NO. 1018
RESOLUTION AUTHORIZING REVISION OF THE 2007 BUDGET OF THE
HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD
Motion carried 5-0. This HRA Resolution appears as HRA Resolution No. 1018.
Item #9
EXECUTIVE DIRECTOR REPORT
None.
litem #10 I CLAIMS AND PAYROLL
M/Gepner, SlDrummond that the followinq claims and pavroll be approved.
U.s. Bank
Section 8 Checks: 112275 - 112422
HRA Checks: 29958 - 29998
TOTAL
$ 178,000.04
$ 278,160.02
$ 456,160.06
Motion carried 5-0.
I ADJOURNMENT
The meeting was adjourned by unanimous consent at 8:45 p.m.
Date Approved: September 17, 2001
~..J. ~"":..h'A_
eborah Guiher
Deputy City Clerk