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09-16-02 agendaCITY OF RICHFIELD, MINNESOTA REGULAR HOUSING AND REDEVELOPMENT AUTHORITY MONDAY, SEPTEMBER 16, 2002 RICHFIELD CITY HALL 6700 PORTLAND AVENUE COUNCIL CHAMBERS REGULAR HRA MEETING 7:00 P.M. AGENDA Call to order Approval of minutes of .(1) Special HRA-Muting of August-5; `2002 and ~(2) Regular`HRA Meeting of August 19, 2002 1. Opportunity for citizens to address the HRA on items not on the agenda Notes: 2. HRA approval of agenda 3. Consideration of resolution decertifying Lyndale-HUB-Nicollet Tax Increment Financing District Staff Report No. 34 Notes: 4. Public hearing and consideration of Richfield HRA's annual Public Housing Plan for Section 8 Housing Assistance Program Staff Report No. 35 Notes: 5. Executive Director report 6. Claims and payroll 7. Adjournment SPECIAL HOUSING AND REDEVELOPMENT AUTHORITY, CITY COUNCIL AND~PLANNING COMMISSION WORKSESSION RICHFIELD CITY HALL COUNCIL CHAMBERS IMMEDIATELY FOLLOWS REGULAR HRA MEETING Call to order 1. Review of draft survey questionnaire to assist in allocating housing fund resources prepared by Anderson, Niebuhr & Associates, inc. 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 # 4 REPORT # 35 J STAFF REPORT HOUSING AND REDEVELOPMENT AUTHORITY MEETING SEPTEMBER 16, 2002 LYNNETTE CHAMBERS, REPORT PREPARED BY: LEASED HOUSING SPECIALIST NAME, TITLE BRUCE NORDQUIST, REPORT PRESENTER: .HOUSING AND REDEVELOPMENT MANAGER NAME, TiT ACTING DEPARTMENT DIRECTOR REVIEW: SI NATURE REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Conduct a public hearing and approval of the Richfield Housing and Redevelopment Authority's annual Public Housing Authority Plan. RECOMMENDED ACTION: Conduct and close the public hearing and by motion: Approve the Housing and Redevelopment Authority's annual Public Housing Authority Plan for the Section 8 Housing Assistance Program and authorize the Chair and Executive Director to execute program documents. II. BACKGROUND The Quality Housing and Work Responsibility Act of 1998 (QHWRA) created by Congress requires the Richfield Housing and Redevelopment Authority (HRA) to provide a Public Housing Agency Plan (PHA Plan) on an annual basis. The annual plan provides details about the Agency's immediate operations, program participants, and programs and services and the Agency's strategy for addressing the needs of the community in the upcoming fiscal year. Staff has developed a plan in proper form and content. 091602Section8 In addition, QHWRA requires the Richfield HRA to create a "Resident Advisory Board" to make comments on the PHA Plan. Every Section 8 household in Richfield (there are 350) was invited to join the Advisory Board. Two volunteered to participate. The Advisory Board then met after each member had an opportunity to review the PHA Plan. The Resident Advisory Board made no additional comments to the plan. III. BASIS OF RECOMMENDATION A. POLICY • The Housing and Redevelopment Authority's Board of Commissioners must formally adopt the PHA Plan following a public hearing. The Department of Housing and Urban Development (HUD) requires the HRA Chair and Executive Director to execute documents. • HUD has designated the Richfield HRA as a high performer. B. CRITICAL ISSUES • Failure to approve the PHA Plan will result in receiving anon-compliance status with HUD. "Non-compliance" violates the contracts that the HRA has with HUD and results in a loss of administrative and rent assistance funds. C. FINANCIAL • Richfield's HRA has four contracts for administrative and rent assistance funds with HUD. • Annually, the Richfield HRA receives $1,136,520 for rental assistance payments and $137,928 for administrative payments. A current PHA Plan is a requirement of these contracts. D. LEGAL • The Housing Assistance Program (HAP) contracts that the HRA has with HUD have been previously reviewed and approved by legal counsel. Proper notice was published on July 24, 2002 in the Sun Current of the availability to review the Plan and of the public hearing to be held concerning plan approval. The publication schedule is in compliance with HUD regulations. IV. ALTERNATIVE RECOMMENDATION(S~ • Do not approve the PHA Plan at this time. (The Richfield HRA would not be in compliance with HUD.) V. ATTACHMENTS • Summary Update (Attachment A). VI. PRINCIPAL PARTIES EXPECTED AT MEETING • N/A Attachment A Summary Update Richfield HRA Annual Plan, Year 2003 September 16, 2002 The annual PHA plan is a 20-page document. Known as HUD Form #50075, this plan provides a standard way_for aIL Public.Housing.Authorities (P-HA)and the Richfield Housing and Redevelopment Authority (HRA) to report that the PHA complies with all federal regulations. To summarize: ^ The mission of the Richfield HRA is the same as HUD's: to promote adequate and affordable housing, economic opportunity and a suitable living environment free from discrimination. ^ The Richfield HRA goals are to: - Secure more rental vouchers when available. - Acquire and/or build affordable housing. - Improve program administration (Richfield is already a high performer.) - Increase program participation by landlords. - Promote client self-sufficiency. - Ensure equal opportunity and fair housing standards are achieved. The plan document ends with: • a drug-free certification form; • a certificate that no payments have been made to influence federal transactions; and • a three page certification form that the Richfield HRA does and will comply with all applicable federal regulations as listed on the certification and signed by the HRA Chair. The annual plan in its entirety is always available to the HRA Board and the public, and the plan is available for review at the Community Development Department. AGENDA ITEM # 3 REPORT # ~ 4 J STAFF REPORT HOUSING AND REDEVELOPMENT AUTHORITY MEETING SEPTEMBER 16, 2UU2 -BRUCE PALMBORG, COMMUNITY DEVELOPMENT DIRECTOR REPORT PREPARED BY: AND KATIA MEDVETSKI, REDEVELOPMENT SPECIALIST NAML, TITLE BRUCE PALMBORG, REPORT PRESENTER: COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE ACTING DEPARTMENT DIRECTOR REVIEW: ! SIGNATURE REVIEWED BY EXECUTIVE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of a resolution to close out and decertify the Lyndale-Hub-Nicollet (LHN) Tax Increment Financing District I. RECOMMENDED ACTION: By Motion: Adopt the attached resolution to decertify the Lyndale- Hub-Nicollet (LHN) Tax Increment Financing District. III. BACKGROUND ~ On October 15, 1975, the .Richfield Housing and Redevelopment Authority (HRA) established the Lyndale-Hub-Nicollet (LHN) Redevelopment Plan and Commercial Improvement Program. The City Council took similar action in November 1975. This was the City's first redevelopment project established under the direction of the City's. newly formed municipal housing and redevelopment authority. It was a pioneering effort in the suburbs of the metropolitan area in 1975. Almost 27 years later, the goals and objectives of this endeavor have come to fruition and the HRA is able to close out and decertify this tax increment financing district. 0916LHNt.doc At a special meeting on August 5, 2002, the HRA directed staff to begin the decertification process. As there are only two small bond payments remaining, totaling approximately $42,000, HRA staff and financial consultants proposed using available revenue to payoff the bonds earlier than scheduled. By doing so, the HRA will be able to close out the district. Under current real estate tax laws, a preliminary estimate is that $1.4 million of increment could be realized by the various taxing jurisdictions. The City could realize approximately $400,000 to $425,000 beginning in 2003. The LHN district has proved to be a successful redevelopment project area of the community, which over time has had more than $60 million of private and $24 million of public investment. The fruits of this undertaking are evident in many ways, especially in the following developments: • K-Mart (1979) • Woodlake Investment Company (Woodlake Plaza) (1979) • Municipal Liquor Store (1979) • Lyndale Garden Center (1980) • Townhomes of Wood Lake (Coach Homes) (1981) • Public Plaza (1981) • Lake Shore Drive Condominiums (1982) • Lyndale Hardware (parking and building improvements, 1982) • Lyndale Business Center (Ahlquist property) (1983) • City Project 705 Public Improvements (1983) • Richfield Shoppes renovation (1984) • Hub Shopping Center improvements (1984) • Woodlake Point Condominiums (1986) • Market Plaza and Village Shores Apartment (1986) • Oreck Plaza renovation (64th &Lyndale) (1986) • Richfield Bank & Trust /Richfield State Agency expansion (1986) • Hub Shopping Center expansion with Rainbow Foods (1991) • Wood Lake Medical Clinic (1994) (Note -the year dates listed above indicate project's completion date). Although the LHN is closing out an era, another has begun; Oaks on Pleasant, The Pines, Woodlake Centre, Gramercy Senior Housing Cooperative, the combined Lyndale Garden Center and Lyndale Hardware and the soon to be City Bella. III. BASIS OF RECOMMENDATION A. POLICY • HRA policy is to close out a tax increment as soon as debt obligations can be met. This is the .second close out; the first, the TIF project at 66th Street and Cedar Avenue. B. CRITICAL ISSUES • Upon completion of all tasks necessary to close out the LHN District, a request will be made to Hennepin County to officially decertify the LHN district. • The district, when originally created, had no specified termination timeframe. However, consistent with the HRA's desire to close districts as soon as obligations are met, this district will terminate. C. FINANCIAL • Outstanding bond payments will be made prior to year-2003. • Under current property tax laws the preliminary estimate is that the taxing jurisdictions could share approximately $1.4 million dollars in revenue each year beginning in 2003. Richfield could receive approximately $400,000 to $425,000. D. LEGAL • The recommended actions taken to close out the LHN District are being undertaken in conjunction with bond counsel's and fiscal consultant's opinions. IV. ALTERNATIVE RECOMMENDATION~S~ • Do not close out the LHN District and continue to make bond payment as scheduled. However, this would defeat the goal of closing out TIF districts as soon as possible. V. ATTACHMENTS • Resolution approving the decertification of LHN District. • LHN Contributors to Success and Current Housing and Redevelopment Authority, City Council and Planning Commission Members. VI. PRINCIPAL PARTIES EXPECTED AT MEETING • Sid Inman, Ehlers and Associates, Inc. • City Council, HRA Board members, Planning Commission members, members of RING and CIC. HRA RESOLUTION NO. RESOLUTION APPROVING THE DECERTIFICATION OF THE LYNDALE-HUB- NICOLLET TAX INCREMENT FINANCING DISTRICT OF THE CITY OF RICHFIELD WHEREAS, on November 24, 1975, the Lyndale-Hub-Nicollet Tax Increment Financing District ("LHN District") was created within the Richfield Redevelopment Project Area (the "Project"); and WHEREAS, as of :.the date hereof .all -bonds -and -obligations #o which tax increment from the LHN District have been pledged have been paid in full or defeased and all other costs of the Project have been paid; and WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield desires by this Resolution to cause the decertification of the LHN District a er which all property taxes generated by property within the District will be distributed in the same manner as all other property taxes. NOW THEREFORE, BE IT RESOLVED by the HRA that the LHN District should be deemed decertified as of December 31, 2002, and that the HRA's staff is authorized and directed to transmit a copy of this resolution to the County Auditor of Hennepin County with a request that the auditor decertify the LHN District as a tax increment district and to remit no tax increment from the LHN District to the City of Richfield after December 31, 2002. Approved by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 16th day of September 2002. Thomas E. Harms, Chair Attest: Michael Sandahl, Secretary LHN Contributors to Success and Current Housing and Redevelopment Authority, City Council and Planning Commission Members i Name HRA CC PC l CIC RIN f ~~ Consultants Mark Ahlquist X AP Anderson, X X Allan Anderson X France Anderson X Terrill Anderson X Steve Bard X Madelyn Bezat X John Bjostad X Ronald Blake X Richfield Blevins X Ralph Bruins X William Bullock X Howard Bunce X X Wayne Burggraaff X Ann Burkhardt X Betty Carr X John Cartwright X May Casperson X Juanita & James Collins X X Robert Cornell X Jerry Dayton X John Dean X Steve Devich X Pam Dmytrenko X Tom Donahue X Clete Dozark X Donna Drummond X A. R. Duggan X Name ' HRA ~ CC PC C!C ~ RING ,Staff/ i Consultants Mike Eastling -~ X Paul Ebb X Nancy Edwardson X Chester N. Eggen X Robert Elliott X John Enger X Suzette Erickson X Tim Erlander X Joseph Ertman X Gust Fallden X David L. Featherly X Tom Foley X Mike Freeman X Michael Gallagher X Edwina Garcia X X David Gepner X David Gkehurst X Barry Gold X John Hamilton X Gordon Hanson X Thomas Harms X Kyle Harnett X Donald Hassenstab X X Robert Heeter X Joan Helmberger X X Gordon Herrboldt X Randy Hughes X Sid Inman X Peter Jarvis X Name _ HRA ~ ~ CC PC ; ClC ~ Staff/ RING Consultants Robert Jensen X Eugene Jocobsen X X Frank Johnson X Rick Jopke X Paul Kaiser X Herbert Kamprud X Jerome Kamprud X Charles Kauth X G. M. Kenealey X John Kenealey X Russell Kennedy X Herbert Ketcham, Sr. X William Kilian X Steve Kirchner X Martin Kirsch X Larry Koenig X Dennis Kraft X Dick Krier X Barbara Kritzman X Judy Kunz X Loren Law X X Clayton LeFevere X Robert Lien X Steve Lindgren X Ernest Lindstrom X Daniel Linnihan X X Thomas Lovett X X Ivan Ludeman X X X Vern Luettinger X X X Name HRA ~ CC C/C PC i RING - Staff/ Consultants Leon Lunas X Eileen Lynch X Earl Maffett X Dennis Marhula X Bill Marshall X Carl McBride X Maggie McDermott X Connie McDonald X Katia Medvetski X Connie Murray X Ed Nedelcoff X Robert Nelson X Morris Nilsen, II X Karl Nollenberger X Thomas Ohnesorge X Lloyd Olson X Samantha Orduno X Jeff Page X Bruce Palmborg X Roy Peterson X Donald Priebe X X Lorraine Prindle X James Prosser X Steven Quam X X Pat Rickert X Susan Rosenberg X Burt Ruttman X Michael Sandahl X X Sue Sandahl X Name HRA CC PC CIC RING Staff/ Consultants Thomas Scaglia X Todd Schlegel X William Snyder X Monroe Stenerson X Bill Stewart X Norm Stillman - X Kristal Stokes X X X David Sumnicht X Russell Susag X X X Joe Swain X Dr. Walter Teske X Corrine Thompson X Mark Tolvstad X Gertrude Ulrich X X Frank Vinella X Byron Wallace X Jeffrey Walz X Paul Wasko X Laurence Wozniczka X X X HRA: Housing and Redevelopment Authority CC: City Council PC: Planning Commission CIC: Commercial Improvement Committee RING: Resident Impact Neighborhood Group