102014SpecialCouncil/HRACompleteAgenda CITY OF RICHFIELD, MINNESOTA
MONDAY, OCTOBER 20, 2014
RICHFIELD MUNICIPAL CENTER
6700 PORTLAND AVENUE
CONCURRENT CITY COUNCIL
AND
HOUSING AND REDEVELOPMENT AUTHORITY WORKSESSION
BARTHOLOMEW ROOM
6:00 P.M.
AGENDA
Call to order
1. Discussion regarding 7600 Pillsbury/Pleasant development proposal
(Council Memo No. 96/HRA Memo 41)
Notes:
Adjournment
CITY OF RICHFIELD, MINNESOTA
Office of City Manager
October 16, 2014
Council Memorandum No. 96 HRA Memorandum No. 41
Housing and Redevelopment
The Honorable Mayor Authority Commissioners
And City of Richfield
Members of the City Council
Subject: 7600 Pillsbury/Pleasant Development Proposal
(Worksession Agenda Item No. 1)
Council Members and Commissioners:
Developer/Broker ponald James (working in conjunction with several investors) would
tike to make a conceptual proposal for the 7600 block between Pillsbury and Pleasant
Avenues (the former City Garage and Gleason's Mortuary site). Mr. James is proposing
the development of approximately 40 - 48 townhomes on the site which would be owner
occupied.
A joint City Council and Housing and Redevelopment Authority (HRA) Work Session
has been scheduled for Monday, October 20 at 6:00 p.m. for Mr. James to present his
proposal.
If the City Council and HRA are receptive to Mr. James' proposal, the next step would
be to devise a process for moving forward. The processes for zoning approval and to
consider any public subsidy (such as tax increment financing) are well defined. The fact
that both the City and HRA own (and would have to sell) property for this project would
result in some duplicative actions. To streamline the process, the City could sell its
portion of the property to the HRA so that there would subsequently only be one entity
dealing with Mr. James on such items as an option agreement and a development
agreement. If the City Council were uncomfortable ceding this degree of control to the
HRA, then the City Council could consider asking the HRA to serve as their proxy in
negotiations subject to later City Council ratification of the agreements resulting from
those negotiations.
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City Manager
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Email: Department Directors
Assistant City Manager