10-19-15 Regular HRA HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
The Urban Hometown
Regular Meeting
October 19, 2015
CALL TO ORDER
The meeting was called to order by Chair Supple at 7:00 p.m.
ATTENDANCE
HRA Members Mary Supple, Chair; David Gepner; Debbie Goettel; and Pat Elliott.
Present:
HRA Member Doris Rubenstein.
Absent:
Staff Present: John Stark, Acting Executive Director; and Karen Barton, Assistant
Community Development Director.
Item #1 APPROVAL OF THE MINUTES OF THE (1) REGULAR HRA MEETING OF
SEPTEMBER 21, 2015 AND (2) SPECIAL CITY COUNCIL, HRA AND PLANNING
COMMISSION WORKSESSION OF SEPTEMBER 22, 2015
M/Gepner, S/Goettel to approve the minutes.
Motion carried 4-0.
Item #2 HRA APPROVAL OF AGENDA
M/Goettel, S/Elliott to approve the agenda.
Motion carried 4-0.
Item #3 CONSIDERATION OF A RESOLUTION APPROVING A PRE-DEVELOPMENT
AGREEMENT AND RIGHT-OF-ENTRY AGREEMENT BETWEEN THE RICHFIELD
HRA AND CEDAR PT II, LLC FOR DEVELOPMENT OF THE CEDAR POINT
HOUSING REDEVELOPMENT AREA STAFF REPORT NO. 33
Assistant Community Development Director Barton reviewed Staff Report No. 33.
Developer/Architect Dean Davolis gave a brief update of the Cedar Point II Housing
proposal. He also stated that a new aspect of the development was a desire to price/market some
of the townhomes to first-time buyers.
HRA Meeting -2- October 19,2015
Commissioner Elliott asked about price points for those units and Mr. Davolis responded
that it would likely be around$300,000 per unit.
Commissioner Goettel asked about project financing.
Mr. Davolis stated that they were looking at a number of financing methods, but that they
were not intending to rely on HUD financing.
Acting Executive Director Stark asked for clarification because he had understood
previously that HUD was contemplated to be the primary funding source.
Mr. Davolis stated that they would be investigating the use of HUD financing, but that their
project was not reliant upon it.
Commissioner Goettel also asked about a project timeline.
Mr. Davolis stated that contact with residents would commence immediately and that the
development team was planning on acquiring homes in spring/summer 2016 and beginning
construction in the summer of 2016.
M/Goettel, S/Elliott that the following resolution be approved:
HRA RESOLUTION NO. 1211
RESOLUTION APPROVING AGREEMENTS WITH THE CITY OF RICHFIELD AND
CEDAR PT II, LLC
Motion carried 4-0. This resolution appears as HRA Resolution No. 1211.
Item #4 CONSIDERATION OF A RESOLUTION APPROVING THE PRELIMINARY
DEVELOPMENT AGREEMENT AND RIGHT-OF-ENTRY AGREEMENT BETWEEN
THE RICHFIELD HRA AND INLAND PARTNERS, LLC FOR DEVELOPMENT OF
THE CEDAR POINT SOUTH AREA STAFF REPORT NO. 34
Assistant Community Development Director Barton reviewed Staff Report No. 34.
Developer Kent Carlson gave a brief update of their proposal including the revised location
of the pool/clubhouse area and the addition of a berm to address policy-maker and neighbor
concerns.
Commissioner Goettel asked about the project timeline.
Mr. Carlson responded that that they were holding a neighborhood open house on October
21, that they would be refining the design during the winter months and planned on beginning
construction in spring 2016.
Chair Supple asked about property assembly.
Mr. Carlson responded that they have three apartment buildings under purchase agreement,
they are in discussions with one single-family homeowner and that the remainder of the property is
City/HRA owned.
Commissioner Goettel asked about affordable housing and financing.
Mr. Carlson replied that 20% of the units would be affordable and that they were planning on
using traditional financing.
M/Elliott, S/Gepner that the following resolution be approved:
HRA Meeting -3- October 19,2015
HRA RESOLUTION NO. 1212
RESOLUTION APPROVING AGREEMENTS WITH THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD AND
INLAND DEVELOPMENT PARTNERS, LLC
Motion carried 4-0. This resolution appears as HRA Resolution No. 1212.
Item #5 HRA DISCUSSION ITEMS
Chair Supple asked staff for an update on the Concierge Apartments (formerly Crossroads
at Penn).
Acting Executive Director Stark responded that staff was working closely with the School
District and with the property owners to ensure as smooth of a transition as possible for residents.
The property owner has made a number of concessions, including allowing tenants to stay until
May 31, 2016 (in order to avoid disruptions during the school year).
Item #6 EXECUTIVE DIRECTOR REPORT
None.
Item #7 CLAIMS AND PAYROLL
M/Goettel, S/Elliott that the following claims and payrolls be approved:
U.S. BANK 10/19/15
Section 8 Checks: 127106-127185 $ 157,537.47
HRA Checks: 32443-32472 $ 16,328.35
TOTAL $ 173,865.82
Motion carried 4-0.
ADJOURNMENT
The meeting was adjourned by unanimous consent at 7:38 p.m.
Date Approved: November 16, 2015
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