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12-22-03 agendaLo~-h, CITY OF RICHFIELD, MINNESOTA SPECIAL HOUSING AND REDEVELOPMENT AUTHORITY MONDAY, DECEMBER 22, 2003 RICHFIELD CITY HALL 6700 PORTLAND AVENUE COUNCIL CHAMBERS 6:30 P.M. AGENDA Call to order 1. Consideration of execution of plat for City Bella for land owned by HRA within City Bella project area Staff Report No. 67 Notes: Adjournment Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96 hours in advance. to the Administrative Services Director at 612-861-9702. AGENDA ITEM # j REPORT # 6 STAFF REPORT ~ HOUSING AND REDEVELOPMENT AUTHORITY MEETING DECEMBER 22, 2003 REPORT PREPARED BY: REPORT PRESENTER: DEPARTMENT DIRECTOR REVIEW: REVIEWED BY ACTING EXECUTIVE DIRECTOR: BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT MANAGER NAME, T!"!'LE BRUCE NORDQUIST, HOUSING AND REDEVELOPMENT MANAGER ITEM FOR HRA CONSIDERATION: Consideration of the Housing and Redevelopment Authority signing of the City Bella plat for land owned by the Housing and Redevelopment Authority within the City Bella project area. I. RECOMMENDED ACTION: By Motion: Authorize the Chair and Executive Director to execute the plat for City Bella for land owned by the Housing and Redevelopment Authority within the project area. III. BACKGROUND I In June, the Housing and Redevelopment Authority (HRA) authorized the acquisition of a splinter parcel of vacated right-of-way within the City Bella project area by eminent domain proceedings. This small 8 ft. by 20 ft. area (160 sq. ft.) is now owned by the HRA. However: • Gramercy Corporation wishes to record the City Bella plat prior to year-end. • A public hearing to sell the parcel to Gramercy in accordance with the Contract for Private Redevelopment is scheduled for January. • The plat can be recorded this year of the HRA is shown on the plat as the owner of the splinter parcel. 122203City Bella NAME, TITLE A special HRA meeting has been scheduled for December 22, 2003 to consider the matter. III. BASIS OF RECOMMENDATION A. POLICY • The Amended and Restated Contract for Private Redevelopment between the HRA and Gramercy Corporation requires the acquisition of property within the project area. Gramercy Corporation owns all property within the project area except for a small splinter parcel of vacated right-of-way. The HRA owns the splinter parcel. • A plat can be recorded when all owners of property sign the plat. • The City Council has approved the City Bella plat. B. CRITICAL ISSUES The HRA in accordance with the Contract intends to convey this splinter parcel to Gramercy Corporation for the City Bella project. A public hearing is scheduled for the January HRA meeting: • If recording the plat in early 2004, Gramercy Corporation is required to pre-pay property taxes for 2004. Recording the plat in 2003 allows 2004 property taxes to be paid in the normal scheduled way throughout the year. C. FINANCIAL • Gramercy Corporation is obligated to pay all costs incurred by the HRA in the acquisition, conveyance, and platting related to the splinter parcel. D. LEGAL • Legal .Counsel has proposed this approach which requires a special HRA meeting before year-end and the subsequent public hearing in 2004 to convey the splinter parcel to Gramercy Corporation. • Proper notice of the special HRA meeting was posted. ALTERNATIVE RECOMMENDATION(S) ~ • Although the splinter parcel is integral to the project (part of the vacated right- of-way for the walkway between the future plaza and Wood Lake Nature Center), the HRA could choose not to authorize signing the plat as the owner. ~ V. ATTACHMENTS ~ • KeSOIUtIOn • Parcel map • Legal description ~I. PRINCIPAL PARTIES EXPECTED AT MEETING - HRA RESOLUTION NO. RESOLUTION AUTHORIZING EXECUTION OF THE PLAT OF CITY BELLA WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield ("HRA") is the fee owner of certain land described as follows (the "Property"): That part of vacated Lake Shore Drive, as dedicated in the plat of FAIRWOOD SHORES, Hennepin County, Minnesota, which lies northwesterly of the northwesterly line of Lot 1, Block 1, GRAMERCY PARK RICHFIELD, which lies southeasterly of the center line of Lake View Walk, said FAIRWOOD SHORES, and its southwesterly extension, and which lies northeasterly of a line drawn from the most westerly corner of said Lot 1 to a point on the southwesterly line of Lot 17, Block 3, said FAIRWOOD SHORES, distant 42.31 feet northwesterly, measured along said southwesterly line, from the most southerly corner of said Lot 17. Together with adjacent streets and alleys, vacated or to be vacated, accruing thereto, and together with appurtenant easements; and WHEREAS, the HRA desires to include the Property within the proposed plat of CITY BELLA. NOW, THEREFORE, BE IT RESOLVED that the Executive Director and Vice Chair of the HRA are authorized and directed to execute the proposed plat of CITY BELLA by and on behalf of the HRA. Adopted on December 22, 2003. Joan Helmberger, Vice Chair ATTEST: Kristal Stokes, Secretary CAH-241944v1 RC125-209 .,d~ ~ a 0 z ~~ . c ~; c:; z 4 U O ~ r ~~~ \ „ ~ L1. ~~~ L1J ~-- \ • ~~_ ~ `` --- s `'` ~ ~ ~~ Li. ` ~ ~ y o'~'` ~ .. ~ ~Oa'~ ~ ~ 4°.r~` ~o~ `r7` > > L i~~ L ~ J ..J 1 t L1J ~~ Ll. 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Parcel 10: PIN No.: Property Address: Lake Shore Drive at Lakeview Walk (Torrens Certificate of Title No. 1055215) Legal Description of Property $eing Acquired: That part of vacated Lake Shore Drive, as dedicated in the plat of FAIRWOOD SHORES, Hennepin County, Minnesota, which lies northwesterly of the northwesterly line of Lot 1, Block 1, GRAMERCY PARK RICHFIELD, which lies southeasterly of the center line of Lake View Walk, said FAIRWOOD SHORES, and its southwesterly extension, and which lies northeasterly of a line drawn from the most westerly corner of said Lot 1 to a point on the southwesterly line of Lot 17, Block 3, said FAIRWOOD SHORES, distant 42.31 feet northwesterly, measured along said southwesterly line, from the most southerly corner of said Lot 17. Together with adjacent streets and alleys, vacated or to be vacated, accruing thereto, and together with appurtenant easements. Being registered land pursuant to Certificate of Title No. 1055215, Office of the Registrar of Titles, Hennepin County, Minnesota. RJL-241655v1 RC 125-212A