Loading...
02-20-96 agendaCITY OF RICHFIELD, MINNESOTA TUESDAY, FEBRUARY 20, 1996 REGULAR HOUSING AND REDEVELOPMENT AUTHORITY MEETING COUNCIL CHAMBERS 7:00 P.M. AGENDA CALL TO ORDER APPROVAL OF MINUTES OF REGULAR HRA MEETING OF JANUARY 16, 1996 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA ON ITEMS NOT ON THE AGENDA 2. DISCUSSION OF STATUS OF PRECONDITIONS TO CLOSING; MERIDIAN CROSSINGS HRA LETTER NO. 8 3. CONSIDERATION OF RESOLUTION AUTHORIZING EXECUTION OF CLOVERLEAF ADDITION PLAT; MERIDIAN CROSSINGS HRA LETTER NO. 9 4. CONSIDERATION OF RESOLUTION AUTHORIZING ISSUANCE OF COMPLETION CERTIFICATE FOR RICHFIELD REDISCOVERED PROPERTY TO MARLIN GRANT HOMES,. INC. FOR 6828 ELLIOT AVENUE HRA LETTER NO. 10 5. CONSIDERATION OF RESOLUTION AUTHORIZING EXECUTION OF CERTIFICATE OF COMPLETION FOR HUB WEST PROJECT HRA LETTER NO. 11 6. CONSIDERATION OF REMODELING ADVISOR SERVICES AND RECOMMENDATION TO INCREASE COMPENSATION HRA LETTER NO. 12 7. EXECUTIVE DIRECTOR REPORT 8. CLAIMS AND PAYROLL 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 861-9702. HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 12 Agenda February 20, 1996 Issue Statement: Review of remodeling advisor services and a recommendation to increase compensation. Background: The HRA authorized remodeling advisor services in October, 1993. Dave Schaffer and Jan Posus-Ryan have provided the list of services as summarized on Exhibit A. In 1993, the remodeling advisor was envisioned to be the point person and clearinghouse for a homeowner's remodeling needs. This has proven to be the case as calls are screened, information provided, home visits are made, remodeling is planned, lender contacts are facilitated, and the resident's enthusiasm for remodeling is captured proactively. The most recent quarterly activity report attached indicates: • 466 contacts since 1993 • 198 home visits • 8 transformations A total of 436 homes have been remodeled since the initiation of this program. An additional 35 home visits were requested at the 1996 Remodeling Fair and these are presently underway. It is proposed that the hourly compensation rate be raised to $35/hour. The remodeling advisors have been providing their services at $30/hour since program inception. The 1996 budget provides up to $20,000 for these services. Recommended Motion: Increase compensation for advisor services to $35/hour. Basis of Recommendation: 1. To enhance the quality of the housing stock and minimize obsolescence and deterioration, it is necessary to actively encourage homeowners to remodel. 2. The remodeling advisor is the foundation of all the remodeling program efforts. 3. The contractors, Dave Schaffer and Jan Posus-Ryan have performed very satisfactorily. 4. The 1996 budget provides sufficient resources for the compensation adjustment. 5. The hourly rate has been constant since 1993. Alternative Recommendation: 1. Delay action. 2. Direct staff to modify the proposal. Discussion/Decision Mode: The increase would take effect March 1, 1996. Respectf y submitted, James rosser Executive Director JDP:ds r~1 C. RICHFIELD. REDISCOVERED REMODELING PROGRAM QUARTERLY REPORT DATE: October-December 1995 I. CONTACTS WITH REMODELING ADVISOR Current uarter Program to Date Total Contacts from Remodeling Connection 19 466 or special events Contacts from Richfield residents 19 454 Non-residents 0 12 Total 19 466 Result of Contact: Informational 9 268 Home Visit 10 198 Total 19 466 II. REMODELING PROGRESS The numbers below reflect 14 follow-up calls from 15 home visits made during the previous quarter, July -September 1995. Cost of Improvements Less than $5,000 $5,000 to $10,000 $10,000 to $20,000 $20,000 to $30,000 $30,000 to $40,000 $40,000 to $50,000 Over $50,000 Projects in progress or just completed 2 1 3 Projects with approved plans waitin on lender Reason for Not Remodeling at this Time Too Expensive: Scale Down Still Interested At A Later Date Credit/Financial Difficulty Too Expensive: Will not Remodel Have Moved/Plan on Moving Undecided Otherl Misc. Number of Projects 1 5 2 • uarterly Report ate: October-December 1995 Page 2 III. MARKETING/SPECIAL EVENTS • Lawn Signs. Households whose remodeling exceeds $5,000 in value may voluntarily post a sign in their front yard which says, "We're Remodeling! " The sign is supplied and removed by staff. One sign was posted at five properties in the past quarter. • "Your City" Newsletter. On-going updates, news items and information are included. • "~leighbors Helping Neighbor's" Referral Network. Participating homeowners who have remodeled can be contacted by homeowners who are proposing to remodel for contractor recommendations. • City of Richfield/HRA Portable Display. The display has rotated among the following locations in .the last quarter: Norwest Bank, Augsburg Park Library and Richfield Bloomington Credit Union. IV. HRA FUNDED TRANSFORMATION LOAN REPORT Project Number Address Closing Date Remodel Contract Amount Transformation Loan Funds Provided 6845 Thomas Ave 4-21-94 $ 66,400 $ 9,970 7009 Newton Ave 5-20-94 $ 79,020 $11,853 3 7526 14th Ave 7-27-94 $ 52,794 $ 7,916 4 2815 W 71 1/2 St 8-19-94 $.68,267 $10,240 5 7213 1st Ave 9-21-94 $ 55, 000 $ 9, 880 6 6224 Sheridan Ave 6-12-95 $ 95,539 $14,331 7 7101. Oakland Ave 8-30-94 $ 65,000 $ 9,750 8 6825 Knox Ave 10-16-95 $102,000 $15,000 TOTAL $584,020 $88,940 [H:Housing]R-Report • 2-20-95 List of Remodeling .Advisor's Services. EXHIBIT A _ _ shall perform the following services as they apply to the Richfield Rediscovered Remodeling Program. 1. Work with staff in start-up, marketing, and on-going monitoring of program. 2. Be available to attend Open House functions,. Remodeling Fair, and other promotional events. 3. Meet with various business and community groups as requested to promote and implement program. 4. Generate community interest through random calls, neighborhood canvassing, and door-to-door marketing. 5. Assist with an Informational Services to keep homeowners fully informed. 6. Meet initially with homeowners`at their home to assist with the following: a. Property evaluation survey documented on written survey form. b. Identify and discuss needs, wants, and design considerations. c. Prepare an .Action Plan outlining initial scope of work with general cost estimates. d. Explain program procedures and lending information including loan requirements.. 7. Follow-up contact after initial homeowner visit to monitor progress.- 8. Be available to assist homeowner through the various program stages leading to a signed construction agreement. This may include additional design and technical assistance, contractor selection, and the securing of a loan. 9. Submit monthly reports, written and oral,. to HRA documenting measurable objectives which include: a. Number of homeowner calls made and received. b. Number of homeowner site visits. c. Number of follow-up calls made and results. d. Number of referrals to lenders and results. e. Record of marketing results. f. Action plan cost estimate. • HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. ii Agenda February 20, 1996 Issue Statement: Adoption of resolution approving the issuance of a Certificate of Completion, Bradley Real Estate Trust (Hub West). Background: A Contract For Private Development provided for the construction of the Hub West development on 66th Street at approximately vacated Pleasant Avenue. The contract was dated July 31, 1991. The contract provided that a Certificate of Completion be issued at the request of the developer. The issuance and filing of a certificate is an indication to the owner and lenders that the obligations of the developer under the. contract have been satisfied. The obligation requires that Bradley construct the improvements as approved in the concept plan. The HRA can no longer adversely impact the property title. Recommended Motion: Adopt the attached resolution approving the issuance of a Certificate of Completion. Basis of Recommendation: 1. The contract in Article IV provides for the issuance by the HRA of a Certificate of Completion upon request by the Developer. 2. Appropriate City staff have determined that the project has been completed according to approved plans. Alternative Recommendation: Do not adopt the resolution. Discussion/Decision Mode: This matter will be presented for consideration on February 20, 1996. Respectfully s mitted, James D. P sser Executive irector JDP:cak HRA RESOLUTION NO. THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING EXECUTION OF A CERTIFICATE OF COMPLETION FOR HUB WEST PROJECT WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota, Minnesota (HRA) entered into an agreement with Bradley Real Estate Trust (Developer), dated July 31, 1991 pursuant to and in furtherance of the Lyndale-Hub-Nicollet Redevelopment Project (LHN) heretofore adopted by the City and the HRA; and WHEREAS, the Agreement obligated the Developer to construct certain improvements to property identified in that agreement; and WHEREAS, upon request of the Developer, Article IV of the Agreement required the HRA to inspect the project and furnish the Developer with a Certificate of Completion upon completion of the construction; WHEREAS, City personnel have inspected the improvements and found them to be in accordance with the terms of the Agreement;-and WHEREAS, The HRA deems it appropriate to issue a Certificate of Completion absent a request from the Developer. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota, That the Chair and Executive Director are directed to execute the Certificate of Completion and deliver same to the Developer. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 20th day of February, 1996. Thomas E. Harms, Chair ATTEST: Vern Luettinger, Secretary CERTIFICATION OF COMPLETION The undersigned hereby certifies that Bradley Real Estate Trust has fully and completely complied with obligations under Article IV of that document entitle "Contract for Private Development", dated July 31, 1991, between the HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA, a Minnesota public body corporation and politic (HRA), and BRADLEY REAL ESTATE TRUST, a Massachusetts business trust (Developer) with respect to construction of the Improvements located on property described in the attached Exhibit Ain accordance with the approved Project Plans and are released and forever discharged from their obligations to construct the improvements under such above referenced Article. DATED: By HOUSING AND REDEVELOPMENT IN AND FOR THE CITY OF RICHFIELD Its Chairperson BY Its Executive Director EXHIBIT A* • LEGAL DESCRIPTION: HUB WEST Lot 3, Block 1, Richfield Hub Superblock, as platted and of record in the office of the County Recorder, Hennepin County, Minnesota. Together with all that part of vacated Pleasant Avenue described as follows: All that part of the Southeast Quarter of the Northwest Quarter of Section 27, Township 28, Range 24, Hennepin County described as follows: Beginning at the most northerly Northwest corner of Lot 3, Block 1, Richfield Hub Superblock, as platted and of record in the office of the County Recorder; thence S00°- 20'-18"W, assumed bearing, along the westerly.lin~ of said Lot 3, a distance of 142.11 feet; thence S89 -56'- 52"W, a distance of 30.00 feet, to the most westerly line of said Lot 3; thence NOOo-20'-18"E along the northerly extension of said most westerly dine, a distance of 142.11 feet, to the westerly extension of the most northerly line of said Lot 3; thence along said westerly extension 30.00 feet to the point of beginning. Together with all that part of said Southeast Quarter of the Northwest Quarter described as follows: • Commencing at-the intersection of the southerly extension of the westerly line of said Lot 3 and the southerly line of said Southeast Quarter of the Northwest Quarter; thence N0 -20'-18"E along said southerly extension a distance of 183.00 feet to the. most westerly southwest corner of said Lot 3 and the actual goint of beginning of the land to be described; thence N89 -59'-52"E along the. southerly line of said Lot 3 a distance gf 48.13 feet to a westerly line of said Lot 3; thence SO -25'-38"W a distance of 33.00 feet to the moot southerly southwest corner of said Lot 3; thence N89 -59'-52"E along the southerly line of said Lot 3 a distance of 2 5.99 feet to the southeast corner of said Lot 3; thence SO -25'-38"W along the westerly line of Lot 2 said Block 1 and its southerly extension a distance of 107.00 feet to a line drawn parallel with and 43.00 feet northerly of said southerly line of said Southeast Quarter of the Northwest Quarter; thence 589°-59'-52"W parallel with said southerly line of said Southeast Quarter of the Northwest Quarter a distance of 35.90 feet; hence NO°-20'-18"E a distance of 27.00 feet; thence N89 -59'-52"E parallel with said southerly line of said Southeast Quarter, of the Northwest Quarter a distance of 15,00 feet to a line drawn parallel with and 282.00 feet easterly of said EXHIBIT A - Page 2 Legal Description: Hub West (continued) southerly extension of the westerly line of said Lot 3, thence NO°-20'-18"E along. said parallel line a distance of 71.56 feet to the north line of the South 141.56 feet of said Southeast Quarter of the Northwest Quarter; thence S89 -59'-52"W along said north line of the South 141.56 feet a distance of 282.00 feet to said southerly extension of the westerly line. of said-Lot 3; thence NOo- 20'-18"E along said southerly extension a distance of 41.44 feet to the point of beginning. LEGAL DESCRIPTION: U.S. SWIM & FITNESS That portion of Lot 3, Block 1, .Richfield Hub Superblock, as platted and of record in the .office of the County Recorder, Hennepin County, Minnesota, and that portion of vacated Pleasant Avenue, more particularly .described as follows: All of Lot 3, Block 1, Richfield Hub Superblock, as platted and of record in the office of the County. Recorder, Hennepin County, Minnesota, and that part of the vacated Pleasant Avenue described as follows: All that part of the Southeast Quarter of the Northwest Quarter of Section 27, Township 28, Range 24, Hennepin County described as follows: Beginning at the most northerly Northwest corner of Lot 3, Block 1, Richfield Nub Superblock, as platted .and of record in the office of the County Recorder; thence S00 -20'-18"W, assumed bearing, along the westerly line of said Lot 3; a distance of 142.11 feet; thence S89°-56'-52"W, a distance of 30.00-feet to the most westerly line of said Lot 3; thence N006-20'-18"E .along the northerly extension of said most westerly line, a distance of 142.11 feet, to the westerly extension of the most northerly line of said Lot 3; thence along said westerly extension 30.00 feet to the point of beginning; lying northerly of the following described line: Commencing at tho most westerly Northwest corner of said 'Lot 3; thence SO -20'-18"W along the westerly line of said Lot 3 a diotance of 14.89 feet to tho point of beginning; thence S89 -29'-19"E a distance of 118.51 feet; thonce N45°-32'-26"E a distance.. of 28.11 feet; thence 589.-21'- 44"E a distance of .158.31 feet to the east line of said Lot 3 and there terminating. *Legal descriptions obtained from A.L.T.A. Survey for:. Bradley Real Estate Trust, File 2050, TS910053, by Bolton .and Menk, ~~ Inc., 201 West Travelers Trail,. Burnsville, MN 55337 (612/890- 0509), dated June 9, 1992.. s • MOglET AVBiE ~~ €~ ~ ~ I ~ ~ ~ f~f ~ f~~ ~~Q ~~p g g E B S Y ~ Ol A ~ 01 ~7. f~ C\\~~ `~~p~ \k\y~ - E ~~~ ~'gg; ~` y~, ~~¢~~ ~E ~E e\~\V E t~ WZ ~g~~NZ YDNY I I~~I I I I~ I " ~~ ~ F~ -_ ~ / nn ~ ,/~ (,~ O N ~ \ ~ C - ? _ ~ _ - ~ q 0. b N _ ~~ O ~~ ~. ~~ - ~.~, .~ ~~ _ ~y ~ ~ f ~ ~~~ _ ~ d N Q N ~ ~ ~ \~~„\~~~ ~~ ..a ~ / ~ 99 ~~{} Q ~ b vii vii ~ a u~i ~ 0. ~ ::. .. .. ~ 1, 4~\d.~ i~ bi ~ ~ d m ~~ .~. .~•.. ..• 1g6' ~ o ~ 2 i!~ 1 .. ~ OpMIPtl S DIODURi NNdoaa~V - ~n~nmtnrrnrrnr~nmxm~mrrtmnmtteritrrm ~r++n»r~e'~r~~~+i*~~ ~~++~++K i _Z Z~~ ZZ az~~ s o¢ Eb N~~ Z -- ®. (n w m HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 10 Agenda February 20, 1996 Issue Statement: Authorization to issue completion certificate for Richfield Rediscovered property to Marlin Grant Homes, Inc. for 6828 Elliot Avenue. Background: The HRA authorized development of the above-referenced property in the summer of 1995. The development agreement provides for the issuance of a certificate of completion when construction is completed. (A sample certificate is attached.) The home is completed and occupied. The builder has requested the release of the letter of credit and the completion certificate. Staff has verified completion. A New Ford Town resident was relocated to this location. Recommended Motion: Authorize the Chair and Executive Director to execute a completion certificate in accordance with the attached- resolution. Basis of Recommendation: 1. Construction has been completed and a certificate of occupancy have been issued by the Inspection Division. 2. The builder has performed in accordance with construction agreements and seeks the issuance of a completion certificate and the release of performance security as follows: Property Performance Builder Address Security Amount Marlin Grant Homes, Inc. 6828 Elliot Avenue $27,500 Alternative Recommendation: Do not issue the certificate of completion at this time. DiscussionlDecision Mode: This matter will be presented at the February 20, 1996 HRA meeting. Respectf Ily submitted, Jame .Prosser Executive Director JDP:cak HRA RESOLUTION NO. THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD RESOLUTION RELATING TO THE ISSUANCE OF A COMPLETION CERTIFICATE FOR RICHFIELD REDISCOVERED PROPERTY AT 6828 ELLIOT AVENUE WHEREAS, in 1995, the Richfield Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) entered into a contract with Marlin Grant Homes, Inc.; and WHEREAS, the new home location is 6828 Elliot Avenues; and WHEREAS, the construction is completed; and WHEREAS, performance security in the amount of $27,500. can be released to Marlin Grant Homes, Inc. NOW, THEREFORE, BE IT RESOLVED by the Richfield Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: 1. The completion certificate for 6828 Elliot Avenue can be issued. 2. The performance security can be released. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 20th day of February, 1996. Thomas E. Harms, Chair ATTEST: Vern Luettinger, Secretary FORM OF CERTIFICATE OF COMPLETION • The undersigned hereby certifies that has fully and completely complied with its obligations under Article IV of that document entitled "Contract for Private Development", between the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota and dated ,filed as Document No. with respect to construction of the Improvements at ,legally described as in accordance with the approved construction plans and is released and forever discharged from its obligations to construct under such above-referenced Article. Dated: Its Chairperson • By THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD By Its Executive Director STATE OF MINNESOTA) SS COUNTY OF HENNEPIN) and the Chairperson and Executive Director of the Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of the State of Minnesota on behalf of the public body corporate and politic. ~ . The foregoing instrument was acknowledged before me this 19 , by Notary Public • This instrument was drafted by: The Housing and Redevelopment Authority in and for the City of Richfield . 67090 Portland Avenue South Richfield, MN 55423 [H: CdAdmin: Housing: Form: Cert-Com] day of HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No. 9 Agenda February 20, 1996 Issue Statement: Authorization to execute the Cloverleaf addition plat; Meridian Crossings Background: Because of real estate transactions, construction of 77th Street,- the sale of property to Emerson Church and the pending sale of land to TOLD, it was necessary to replat the area. As a property owner in the Cloverleaf plat, signatures of the HRA are required on the plat. Recommended Motion: Approve the attached resolution which authorizes the Chair and Executive Director to execute the,Cloverleaf addition plat: Basis of Recommendation: 1. A plat is required. 2. The HRA owns property it desires to convey to a redeveloper. • 3. The HRA must sign the plat for it to be recordable. Alternative Recommendation: 1. Delay authorization. 2. Refuse the authorization: Discussion/Decision Mode: Review of the plat is nearing completion and it should be ready for signing in March. Respectfully submitted, Jam D. Prosser Executive Director JDP:cak HRA RESOLUTION NO. RESOLUTION OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION AUTHORIZING EXECUTION OF CLOVERLEAF ADDITION PLAT WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the "Authority") has properly created and is administering its Redevelopment District (the "District") pursuant to Minn. Stat. Chapter 469 in an effort to encourage the development and redevelopment of certain designated areas within the City of Richfield; and WHEREAS, among the development activities proposed to be assisted by the Authority in the District involve the development of commercial office facilities; and WHEREAS, a plat has been prepared which encompasses lands owned by the Authority; and WHEREAS, those lands are to be conveyed for the development of the office facilities; and . WHEREAS, the plat is being reviewed for completeness and accuracy by the parties to the. plat... NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: That the Executive Director and Authority Chairperson are authorized to execute the plat at the appropriate time. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 20th day of February, 1996. Thomas E. Harms, Chair ATTEST: Vern Luettinger, Secretary • • • mo I '~ .:: .w' ., N Z C ~ rIIR W Y, ~~.. ~; w ~ ~ m~ r `ya ', ., y a N I wl N } , y ~ ~ r ti~ 3: h • . N ~ ~~~~ ~O ~~yQ~ ~ 'l - ~` ~nk$' j )a o „ p l <v.~~h O .Y~e; .c„ . ;1s O' . ~ ~ j ~ ..I ~ti ,. ,~~': ,~ ,~ ;'. 0 ..1 4' y; c_. ~ ~~ ~~ o z m w • z O m ~ (A m coi •• ~z a ~_ 2 T O ti rn c .p m y N ~ N ~~ s~z _a ~m s ~m zz O ~ 9• ; gD N c (7 .... ~ D O -i z -- vi i V V N 1/1 2 _ ~ O -~ ; m ~ ~ ~ K m a fn m r m ao E~ ~--NEST LINE OF SE~~~ r m Q v ~ m D n m C r 1' Z r r r r r 1 ~ ~ ~ 0 0 0 0 0 0 O O O W N ~ ~ ~ ~ -i -~ -7 n a s m m a ~ xo ~ n ° ~i ~i ~i s W W W N ~ N_ ~ N ~O O~ ~ a W W T J W t0 OD (J~ r.~ io w s a o+ m iv ro ~o ~ - ~ m a ao m w w a Co ~ Co O O (A fA 1A 1/ N !/~ IA IA V1 ~7 DI ~t ~~l of ~1 '~1 T ~I -1 -1 •i 1 -i -/ -1 1 -1 0 0 o a a ~ o o ~ O b T 61 W V1 N 10 O a N ~ ~ W N ~ ~o ~n A A A q A A A A A m O O m m m m m O N ~ A a N 1 ' m ~ = o ~ o s f t T m m N -a O 0 air N_, ~n~' ''' ~ rL 7 J N y~ _ z.~3 _ x.11 3NI1 •3-~ - m i s r 1 '; _;; ........... 0~..0.. ~~3..a~ ...................:.:.. m ;133.84 -`; ~ ~ a a •.; w '• i DUPONT AVE. S0. sr ~ ~I ~~ ~~ ~--EAST LINE SMI~~ - SEI~~ r m c~ D r ~~ s igom ~'m oo cm 0p 7 ~ m-~ 7 NmOO 00 00 m0 n OZ N NN,~ Z+ ,+ ,qF .~ +-Ai + M OO.O ~ N O D ~ g ~ W m ° °. ~8 °, °, ° W ~ ~ Z ~OV ~ti Xipm om o pOm AO 4,i ~~C ~~ ~ l '~ O N + 40 ~+ N N n ~ ++ ~a + + ~ °~ mg ~a o ~p~o p"ps o 0 ~O ~ rtC + -~.w : rt °--a m ~c~i frfo i i 70 a O• ~~O fn0 O O c~-« a •e .+ o ti. ti, gm ~o~ ~m +° +cm om m m ~`- ~~ ~+ 7m + E ~~ ~ E f~00 ~~N +~ ~ N ~OA T7+ Om i + ~ CD O GD O O ~gR go ~' awe 7 ~ o ~. ~i ~i ~ ou~ f~ ~ ~ ~ + fi + o+ + ~ x~~ ~m ~ ~n ~~g ~~ g g 3 ~ ~ ~~mo ° ao~ °w ++ -% + rt m d d 0 z r A r 0 Z m .Z1 Vf C v v m ~~cm ~m~~ ^61Z~ .-.v~-+ no--m no.n-a x~ 121 20=< T m N m TI m"OOZ mom° r~c> r~r vaxa v-+vx • °~z ~zoi ~axc --vcm z< mp.z cn-- mo zn--m cn• mc~ m<zr d N A Z O R7 00 N O x C7 '-~ Q. {A W ~~ DV1 m oA cn c~ cn • m ~ n cn v -~ a m N < o w m z r ~ 3v 3 n C 1 x 0 1 GIRARD AVE. i~ I L r O DN AVE. 50.~ r • • • s _ • GD m ~ {> ~ ~~ ~ nNy ~ ~ ~ _Oe S < O 7 7 c J o o = N J o N U~ s 7 Q 3 o b 0 i i O? x c 7 ~ 7 i] 7 s~ O s O 3 O s^ u o 3~ C i S C O Q `~ `G m op~~ • gs m E sa es Oo ~ { 3 ga °3a°-wi~~~nowoos~ ~a e s o°° ±-'+iirta~piosa~+ir+ evpi Z n Sp$ ~ OJ ti. yf~q tiN ;rt ~O N2 -DN ° r N 7m °~~°rt600~~pp]~O]yC~ Op ° O ,ny {JOO{O{~70'~a Ja Qv a1 • y 17 K J° O <0 ~Z 70 °C Ci 1C O O O'O ~c. Qj 04JY0p 1~0~pC~C 1 a a °y~ J~a ~-~?°p0 N~1N~ Cyr ~. p ~~ P ~ ~ 3 : r~ ~~ O w ~ 6 ={= 7 y J O ~ p{p i 2 p O° O O O~ N~ a~ s m A s o J rt x° O{ °A77] N O O O V O O _a O N n y~ { O 7r_O ~. ~ °- ~ o° $ = m m { t n 00 ~ w 1 ~ 7 Q O m ° 7] O O u Q{~ 0 0{ N ~ O_ ~{ J v 0 3~ O a 0° y{ O a 0 {~{ O C] m Ti A °]E O ya d ~ OO O• Jrt rtN O\ O r W O y ~NO~NO~OC-1C~ yMV pU y y ~~~ OSCC7~7O_yQOQy~N~yOO ~[,t E 7N ~ ~ ]~ G+ C Sm p ~ O~ 00 =N a -a :'~ {y BO {OC yO]] {3 <00i0~ 8 y y 1nt• 1O yg ~J p_yn j4ja NMO +s°= • fi rtoiy °< [i > t12 Oy Og ~~ ]O ] O E ,J ~]°a 00 {_a0~0~pp{~?y ° 7 J ~`~,O ONOsiO°y$yp2 ym-~{OO ~m a pas Od'~ O O~O l~ 3 Tm a0 G OX w{ O p~p a r° gPam°a{Q~°a7z70°jy { ° ° ,tyy °3N~s~voy~.ow3oO~ O~ a R•D° 1{~ v a O O O C O{ l 0 O ] 2 ? {Np y~~0 3 0 JO ] iN0 t a rt J O O ~ C F n a w° {O {{ { 7 0 wJ x Z a0y Oa° 117 w l'/~ °m °0 yrt = { n N O rt mp 0 ]~C Om<O ba07p rt~0 y rt { {~ J p°Ci pO CO ;~JpQa ~apQOO y1q Om ~ a0 1f1~ w7 E '~-2 7s ]° N{ ]O J ~ m NI °{a rtO n°Owl°f {OyOAC 7{ s ~ nM~ s07°gJ p07 ~e a~aag{'t On :,^R° O~~ jai m ~r ao °°c c°iv ~ ~ i c c°Oa o° ya °p~NppOY'~o { e a a -~sn aoao ]° {Ni c° ym ,~ O p 7 p ~ '~ ~ 00 3_0000 { N e_ A O yy ~ yp ['f p J M~ ON Nl ] 7 ~ OJocrt Ya -O~{°~ J°as08NA • C O { JOO iOOaPN1_ ~ JO rt00 ~O { p y. ° A n --a F ~ ,> KO wy m7 ~ O N ap mrts ~ a <pii Al 'S yO1 a C ~ ° C 30{_O7~{O pa4°O pO N 4A 7 ~ ja O x a 0 n wJ '~ O O a {.~ 40 y00 j°°O ppao O°C{J{ J l l fl~C J 7~0 ~y0 ya~N004COC, {• {~ O rt A ° rt 0 p y w Q N n { 0 0 {° O° 0 3 C O~{ rt O w ~ b O pa 1 ~ 7 O ~ O a p~ O yQ N O 3~ e m~~ y O{ •f K P Qs ~ ~ : a l'f O~ E \ ° y Qa • ~, O ~~ qn ~ypj ,~8s~ Oy NO 06y O ^{CapC° a Q. o A a O O ~ O ° O] 3 O Sy Ay • p 0 y a ~~O ~iy~O yp +~ ~~o i 1 y y O 0.1 GNOa 7 p 4i C •~O ~KC yrto {° y3 { 3 7 J O _ d +i O O O { ,{ rtw°~7~NOa QOp C°000 • j. 7 y~Cp a{O N~{QJ OO~° ° N C~ x ~ I ? 7 G ~ G ^ Sa Oa N°D A M ° {~ XO ]Q••O yiC 3 ]n~d~sp y { O O X00 C ~QO TO p~O ~~O ynyCpC j0 1 7 { 1 QO a° m,~ O{ O 7 A 00°00 m7]-]~°~ Oa N{7 y N N ]pp7{ O-ya Co17{°NO{p l; O] pQ O ~ ° ] O rt p; °O y : ~~ {» C J{O~o O y~N~.0o3• { -C! rt V l ] ap7{ j0 QaQl ppO°? ~0~70 r~0 {< 0 0 0 C ° ° Q ~ ~ o M ~ ~ 0 y +~ N{; 1 0~~° O- 0 0 0 3 7 0 ! E E ~0F Cp m O a Q 3 i 'O aZ ~ O t b 0 V+{ G O C C : j a a .[ ~ o m N O O°F P ~ M a N j J O o a o~< O n Qj y C O J • rt rt {°° '' 0° O° a o 0 N O rt 0 0] O y 0 y0~ ° a .~~ JA Ap~y x O { ~S O.1O ° ~QO ° y ° 0a~ ~ y] 1 O yO]O <l ymO ~ y^ O~ °O O O J D 0 J> O a ~y ° ~ ~ Y OOO ~ µ~ J 7 µ0 ^O a{~ W T ;; p ~ 00 7 aelViyO g~ypp-{J ~ MJJ OJ° 1 O ] ~ ~ O ] ; I G y °>Ojm O y ] {• {{a° { 60 y6 _mb° y K Y y0a ii000 L30~ 0000°~ j0 .{..C O p O v 0,0 < p0 {Ja'a 4rtJ1°<{pj 'f7sOp O 1. l =.O O*~CNC~ OOaC y~{y °O C 00 O O lO rto 0rt ',O ~ 70 rtb'aNS OCw{~On C{O n° i i i. ~O0 °{N°°aa~~t71 {O b° 00 i~ oz ~ i : ~''~-~ ~ J•" ~G°, ~ "~ ~a~gQN~°~zv{ep°o$ ° ~ ~ +~~ "~s^7F~op?Q°~°a{a°a°a°~o°: Mo _~ B O O C y ;.n n 0 ~. CNC = 0 O N Q O M° c~~°° 7{ O O a{; a N N { J° pN "?] O O O Qp' O J N p O O~ O; pm T ~ a 3 O ° 7 G 0~ < O O ~ { a a~- w ~ 0 G y 0- rtrt O O O O N O O ~ O O a 7T B A y O ° w p O ,y0 l w0 M_ 1 ] J~ a <° ~O rt OJ yHNO°iy0 {mpO yp-pO ~n O ,~^T{ J EOj o0a '40Mrt;~0_'000°r0 E_O ~< O y ° • v a J s 3° { y ° ° p a , 3, n a j~p a 0 0• O m 6 p{ p y _ o = p° ~{: o~°~ a O° o:~ s 3 a m r ~ J m O ~ ~ O ]{ l{ A y{ ~{ j ~ 0°~ y 7 e]F w rt qrt ° O 'e w rt ~ y O b° J y~ 0 m< O~ O O a C O ° O ^z i° o ° .n I ~ ~ {o °o s7 ~ co ~°ogs°a°inap°s~so3 ~ ~ ~i ~] s°~e'gJ~o°o±gaa'~°m °] O~ J~ a 1 I ~~ G ;~. .y.0 ~ 7rt p0'O rtO U]MC NO. •~~~ _ { { • ~ B°rt]007{aOrtJ yA 0a °O O { ] <M QQ J .T ql 0 wp 31°° { O O ~ l jp 00 OQ~C a.c. So i s y0 { ~ { °o n yo pooo~Q»a~oj{~•NOSO ~ an y.°Oa~N°°iv:wo°w~o ;c~ ° ° fi~ o> > ,°~ °- n ~z o e° o{ ~a°e°c°soyp~,,ao°y{ ~o-~ +~'""-a~~°°.o~°oanaNOVa oa >< i OK y0 c o n o° i o ~ ~p O ~ j 7uNiOO i~n16O~ 2 0 ;~ O'7:3p-N0 7J0 {O °O m0 +0 O { { ~ x x a ° E y 0 O O_• c j 7 O C 0- - w ° 0 0 O a K C O, 0 0 ° a G y0 O j O~ rtsa P O uaos?o°w O.= p O O{ ]~ Oyn GOD{ O] a; y ~ O 1 O O O ~ ~ E w 000 {O nC O~OOa ~p 1 ~ ~O J°°O pOO ~O njDn-D O.q rt0 {7 ° a O> ; v 'O rt y j ~ x ° y rt 0 O.° J y~° O°]{ 7 , D a O N E°{° rt g{ O° j p O 7° 'f y O o a_ o ] ae_o sJ o G ~ °° ° 1 { C i O Q rt-^ <a l O N.~ w07[ O 0O ° O 1_a00 O. 0 0{ o '°o o J o ~5y goJO~~°~~,3'c^'as°a y ao o{°{woo<aoev{{a n0 C L° p O 7 s N + a0# aM~O{w1Ortrt°~i{o a e~ canes a~yo N;i~n~0 ~s ]o O 17 O '1 C :~ O{ 00°~O~K sfl:?ci 70. O N 73 JO O p { d V y E j ° _~ ~ N a Q] 0 7 n N O° b i 1 C E 6 O O m{ 0~ - O C 7 w~ 0{ O O c ~o : i n ~ a° o ~g°yca{yaJN o rt ]° a]oJ yn n ]J- ^s a { ~ c •.G°o° o~opp{op °su'QQa~~ E ii {o»~u~s°spaoe°s_o g O7 r J q N O y 0 y: N~°-]]Op Oal~wa ~ o~ °~~y7a yrt~j~.~1MOy ~ ° ~ ° ° ~ p C O ° ° : o -+o a • ° i ; ° + n O y ° a _ 7 0 ° a+0 _ a y ~ J N O { O aS ° p y. rt l y »=~Oya O~-na C {] {fJ0<O ]a0 °mby0 y C$ O p l E O R10-A ~O yi Na fT~N ~ ~{ JO°]]OO NQO nQp77 b• a x p 0 y ~ P , C J 7 0 a~ j j~ :n 0 'y m~ O y 0 y C O O N0 0 ° w J O O pp O G O 7 °_ = y O { O ~ ] r a O b O eD -N ° p 3 C 7 1 O rt y~ 0 say 6 l O y 1 7 n Q 7 rt { C { O O NQ N O O y°°~{ rt M 0 0 O O 1 y i J O a a rt; i P01 O° C J D '4 3 O J J 7 ~ • ] O rt S Q 0 0 0 a y t m{ °{ s a i°^ E ? ~ ~ ~ rt O 0 N y' i~ c 7 °{°{ rtp a V, ~ 0 7 o~ 4 0 N a ~ a 6{ 3 0 N J: rt O v °~ ~ ~ j Jao{i ~jJ °Ng~ v. o' ~ ~o°~:~~+oo ° - s s ~ ~ O aQ w: n ii c° ° - `~ s~ ° ~ o a n • a ~ { ~ a~ ~ ~. • { { , y w O a J of £' of 't a ~< % S~ v ~~• ~rg°~ ~i n ~ ~~ $o~~ ~ •e{Py ~~~ ~ 7°~ ~L~ QQQS ~o p1 4 ~ Zy { FO ~ V K ~ K A ° V t I ~ AO V ~ y Km O yes ~ ~[ ~ ~ Km ~ i ~ Km .c ~ .c ~ F +.c m ~ ' L^ ° ~ o ~ c G~G~~ o~ ~ ~i 0, X ° ~ [v~ ~° ~°p ~' Q' 9 ~ a Q+ Q' A { x J 1 y g ~ a O O Y O ~_ 0 s o p ] I + T I ~ $ _ ~ o a { ~ O n Q y~yyj ~ Q, ~ rt ~j 7 p ~ ~ ~ p oil 3 e y O ' 'D ~ O ~S ~ r ~ ~ 19 ~ ~ ~] I ~ N { ~ ~ y O ~ ~ O~ X ~ S Oy S g { ° S 7 y 7~ ~ ~ { m { Ijf N { g m s M > ~ 7 0~ > v y 2> Q ~O ~ O °i > $ i > J z R n oo ~ ~° 30 2 + $8o aOnrt ~ _ ~ € a y $og a~ c ~ E ~~~; c~c + o 2 7 a ~ -a ~ y, ~~] s ~~ S xDe ,'~ °a ;v M]yy g a ~ o GG ~0 { A GD A { 2 O7 CD ~ < GD A p 5 S O K ~ ~ 7 ~ 1 ~ p a x O c r ~ E K ~ v n : v n w ~ "' N ~ ; ec 4 ao g Yt ~ ~g $ t o° »Q "'{ f~ ~ E e~ ~°tp i Qi o ~ rt ~ O ~ °o ~ ~ •c C 7 y K y~ ~ p.°[. < p[nrt s r O7 ~ { s O +~O ~ ~ y N ~ ~ O > • `• > { K y f~7p ~C l7~~ 7~ O 0~ ~~fio _ ~ $ ~ S arms ~ ~ s g' ° S R~• ~ n~7.§ ~R g u {o•:°. , ° o i ~ z ~ ~ rt ~o p° ~ 3 -oi.s ~~o~ o~O ° - ~ ~~Op ° 4i 3 ~ ~ 3 R S °o > ~~ ~ 3 ~~ =oY~ {~ B art o° o a s s ~ $ 5 ~~ ~ ~` 3S°o °° 3 QE?~ ~ 3 y a o° a rt ..c o moy a~~a ~ •D:g cwa : a a ~ m ~ ~ ~ ~y {°t < I eX°°° J I E S ~ ~ $ o ~p c$w o - n ° 4 03 °a~~~ o ~E°v~ ~ a .c ~ ~°c J 7 a o ° { O J a C~ O O y y O r A O p j P q 4 7 ~ =~R~ y ~ O0 ~~ ~ OO = 7a M y I 40 ]~yKpp y°~C p, a ~ a n ~a {° ~ + • O m s Q~ ~~ 9 C ~ Y n m O~ ~ ~i R~poo ~ y° y ° y ~ 3 { ~ N Q rt ~ ° ~ ~ I ] ° cmC; N~~~ I ~004~~ p31°pp o ~ s O J ] ~o x 6 D~ a 0 ~, ~ N p S p 0 0 Q a 0 7 >w 0~y m 0~7rt 7 pa O ° { y R a{ '~{{ n ?{~ > y ~ ~ Fa o~S u ^~a yo {~ GI 4~ + ~ ~Jm N .' ~ c'f .V O r { ~ D_ ~ ~ a ~ Eo ga~w ~ ~~8 Q~ y p ~ ~ ~ ~y g0~ ~ g~,~ ~~ ~ n ~°. : ~ gyo ~ aoo ort n { ~ y Q O J t O ~ ~ ~ $y ~ o n~ ~ g ~ a ~ ~ ~ ~~ -~ s b ~ `~ 8 ~ ~ ~~ ~< ~ N a N 1 N • ~ • I -HENNEPIN COUNTY 1 N~~~ CORNER OF SECTION 33. - \ 1 TOMNSHIP 28. RANGE 24. m m 1\ 1 60 60 ~ c, 1D° ~ 60 ~ cn ~ • r.: v z ~ :0 N ~ ;n C NORTH l l NE SM~~~ - SE'q - - n o a ds'+ • °~e ~ {~ ..,. - / ' p ~ K •.';ic-• _ ~ _ _ - - N89.57' S3 "E ~'~ 4 _ _ _ _ w m ~/ __--_ 356.85 ---~_ '^'~ 136.1 - `~~ ~ ~ e n R1 \ / 59.71 `~~. a a ' I \ -- -- -- 7 x:~:: S ~ 7s m "u m ~ ~.,N83 87' 23"E~~ I I ~S°59'09"~9'S "' 0 \C7' 0 /y,y ~i5£0 ~ Iv IN \ 76TH STREET w ~ o o a 1 I I 9~ ~ l q°~' ~' ZO ~£ a, 30 --E. LINE E~~z Ml~z - s 56'1 y1N a :3a O°j ~`~ " £~ "' 30 z NE~'~ - Sw~~~ - SE~'~ ~ I I i / 3"£ 9£~ . ` 1 \\ `' y I ~ ~~ 6q e° y~'~ 9S 165.00 0 g~ rn <; o j ~ ( £0. ~ .aC~` \ ~ I 99 ~O ~~'• \ N 1 I ~ O m=om a =: I I 1y 7 in ~ ~ "~+ ~ r ~ _ .' V C9 I i0 i~ _ ;; 1 p 30 50 /, ~ ~~ \ S 9\~ \ y a N I a y ~ I m - ~ r 1 ." ~, t7 \~ °O° she "J6•a•. I w •t. m ~ ~ --i ''i ~ ... \cF' ! \ S °•>~o R1 171 rn ' H ~ LOT E I"i _• ~ N ~~2"OZ • ~ ~ 96• 30 1-N. L [ NE OF S. I r' z ~ c N89.5T'S5"E 4q• fp ~''E / ~~ •P ~';- 30 / 1310.00 FEET ~ "' 118.93 2 ~ y "'v ~ '^ 6b I ~ d p _ ,~ ~ Jew °~: ~ N89.55' 12 "E _ - ~ ~ !: ~-. 52.02 $ y \ /~ "Q~ o / 1 164.28- ` m __: .._ m ~ I 763.90 `f H ~'(~! ~~ (" •: . 32. C6, 131. r _ ~ ~ - O I I - ~ I _° ro \ ? `O= a~ j N 55' 12"E s o F =;: 134.56 Z o a ~ ~ - W yy~ ~ P9 °• !~~ r r ? ~ r p ~y 2 a ~• O I I v t m w q -~ o+ o I I 7n :~ I .J7 n tsil o ~~ Oti ~60 ~ ~ ~ O N m 1 ~~ ' ~ gG.7j0~a zoo ~~ ~~127.73-e31 • ~ ~ ' z z £e1' .O ~£,d~~ o z~ \N89 55 12 E m nwi °_ ~ ,J`~,~ p°~~0~ ~'0` ~4 -',n ~ .~N89.55' 12 "E~ \\ 134.56 ~ k~~,0~.~a c o ~'O ~ L °'`' ~ N ~ $ 1 \ 164.35 ~ ~, `n 30 1~1 o v1 ~ ~ V,O 6 `q '3 y 2 • o o>, p- m ~ • O O y o 1 +p" ~ ~ rri ~ `tl~ ~0j w 1 I 0f01~. z l ~ m O~• bd • °~/ W I G rn w N \ I 1 //°~ mZ - - m 301 1 I ~+ 30 N ~ ~ I 1 501 1 ~ ; z I 1 1 1 £0~ I I vZ byd \ `cy~ °3 '3° ~ \ O \ \ ~ \ W :. S9e.4cF ?B~ qs 3 ~~ r'34 92? y~,9 - G ~~. ' R X30. ~ ASS SS2 I ~ C~j• •6,. • 96 ?9 •, ~ ~ ~~ 1 I 303 ~66~?9' 3OT 90 l I ?~ k' 1 ~ crn m ` " - - - - - - N89°52'32"E 987.52 - - ~. z ~_ sp` vmz N~[pl O° S~ ° D ~ < 2 m m^~ N = C a . Wz W W y I*~ ;+-' ~ v y ralnm I c m~ ~ O ~ xzrm ~~ f mo fI ° mz a z vamc~ ms Coro ocsi cii~1 ~~'+ ~zvmim I Ul s m c7 ~ N s z o a L N oo Z r ~~ x r ~ e1 . .. it O 7 .~Zmti N r ~ N ~ = < ms-v I s V1 2 ~- ~-f N _ z41t°- 1 ~ 0 0 0 O f Z s~xczi ~ I H 1 v~ °D m o v v ~' O s 1 o a r ~ s m ~ _ ; ~ ~ N z am ; o m ~ m a m~ a ~ r o m m A Cf i i v = ~ = z o zm O (/1 - r z C p m < ..` m z ' ~ m v1 N " r o n; ~1 • W Z W ~ ,~ a o N N Z p v i a R1 C me O 1m m ~ ~ m H w -~ Z i>tl m N • ~ ~ O .4. s. 30 1 1 t 30 ~ w / 1645.87• w O / \ / • --_ I omm n n n A A n A A A a W N + O aD Ca r 07 O a W N + 2 O a + + ul 07 + a + m ~ W + a a r ~ a0 N a ~ Q + N N N Ul a N r N Ul W r W r N v r m O W W N W O w W m N 0 ~ N + -• N ~ {T + N ~ N a + 771 N1 D T 10 N W T Ce O N a w N a a c a s : a a a s e : + ul + + o+ o+ vl m ~1 N N m v a + a a 0 0 ~' 0 ~ ~ a 0 u1 tgl o rN.t c. O O W w N w O o W w W w OD u {!~ O w W O 0 as N O o w w G o o W r m t9 _ + N _ + N a 1D a + N r _ C1 Oa r ~ e+ r 10 a m w m r a N a o w a. 10 = + N U N W Ul + N r W N 10 m r W r W Ul O 1G a N N C• OD N W r Z m N OI O~ 2 + 2 N OD N W !11 IA W to V1 171 O~ Z CD N W l0 N W O~ i/1 a N Z df W 2 eT O Y1 N ~ O a O N W N O a .+ N N W W a 171 v r t/l O CD a o rr m 0 10 W r a N 0 O + N W N a W + VI a ~ O N O D O CD r N O. r + Oa Ca N N r ~ c m c m 7t e m : m m m : m e m a m e m e m e m e m •- z 0 n 10 ~ N O N a 10 a + <n r ul m r x ~ w ~ 1o so as a to a s N .0 70 m to v N N N ~ r N r m W O W g a Oa •0 10 r N r a a N r r r N 50. LINE SEC. 33-I zc7i rom ~mi z. N A ODOO . ~1 C .~ V1 -Z/ D m K my~ N Z C a w wz 1 N + _~ O 1 to 1 oa r r 1 T r tT r a -a W r N r + v Z 0 N V1 Z 2 Z Z Z N 41 N Ih N m a .1 O~ O~ ~ O b 0 0 707 1 ~ 0 w w o a o/ o vl o o ° ul o o W 171 N r N r 0 Ol 1D W Oa 2 U1 w O O N O W N N 111 N a 0 171 W m a (71 N r 4 W W r r >E 77i rn 7t m 7i m 77F z 7*i 7>< 7[ o _ N D a W + + a N W + W b + A r + O 171 + OD 10 0 0 U1 W m W W N +1 W N Q N N O O p 1 O tll d d 0 z Ci n Q • HOUSING AND REDEVELOPMENT AUTHORITY HRA Letter No, s Agenda February 20, 1996 Issue Statement: Update on status of preconditions to closing; Meridian. Crossings. Background:. On October 9, 1995 the HRA authorized execution of the Contract For Private Development with Meridian Properties Real Estate Development L.L.C. d/b/a TOLD Development Company (TOLD). The contract provisions became effective November 9, 1995. Section 3.2 of the contract lists eight preconditions to closing. Ninety days (February 6) is allowed to complete the preconditions. Section 3.2 allows additional time should it be needed. Below is the status of each precondition. (a) The portion of the wetland located on the Phase II property which the HRA is willing and legally entitled to fill, the allocations of the costs of such activity and the. method for financing such costs, and whether, in the reasonable judgment of the Redeveloper, the Phase II property, including the wetland area to be filled, is of sufficient area and . configuration to support the proposed Phase II minimum improvements. TOLD has determined that the Phase II .property is of sufficient size to support the proposed Phase II minimum improvements. TOLD is currently obtaining cost estimates for the filling. Excavating on other portions of the site will provide much of the needed material. (b) The location of any entry and exit points from and to the redevelopment property and adjacent public roadways, together with any signalization for such entry and exit points and the allocations of the cost and the method for financing the costs for such signalization. Any such agreement will, to the extent deemed appropriate by the HRA include the owners of land which would also be directly serviced by such access points or signalization. The location of entry/exit points has been shown on the plan sheets submitted by TOLD. Staff review is underway prior to review by the Planning Commission, HRA and City Council. A traffic signal will be proposed for the entry/exit point on 77th Street to be paid by a special assessment against the site. The assessment will be structured so that none of the unpaid balance will be due from the HRA should the Phase II property come back to the HRA should TOLD be unable to proceed with Phase II improvements. Documents are now being drafted for this item. • There is also an entry/exit point to the existing I-494: frontage road. An agreement is being drafted in which TOLD or its successor would agree to allow an alternative access without claiming damages should MnDOT upgrade the 1-494 and I-35W interchange. (c) The location, layout and design of any interior traffic circulation systems for the phases and the timing for construction of the same. There appears to be no issues here. Interior circulation is addressed on the plan sheets submitted by TOLD. (d) The landscape plan for the two phases and the timing for installation are the same. There appears to be no issues here. A landscape plan was submitted and is being reviewed. (e) Whether either of the separate. parcels of land lying to the northeast and northwest of the redevelopment property would be included in the transaction and added to the legal description of the redevelopment property. Two non-buildable parcels of land with oak trees. known as the northeast parcel and northwest parcel are owned by the HRA. It would be desirable to divest ownership of • this property. TOLD has agreed to take the northwesterly parcel and it will be included in the conveyance to TOLD. (f) The condition of the redevelopment property with respect to environmental contamination and pollution; and the obligations and responsibilities of the parties with respect to remediation, if any. All environmental evaluations indicated there is no contamination or pollution. (g) The nature, location and cost of removal or relocation of any utilities currently located on the redevelopment property which are required to be removed or relocated due to construction of the minimum improvements and the allocation and financing of the cost of such activities. The utilities include the following: • Buried U.S. West telephone cable of 800 feet which services the MN School of Business. • 42 foot storm sewer which will be abandoned when the Humboldt sewer installation is completed in July. • Nine inch sanitary sewer not now in use. TOLD is now obtainin cost estimates for these items. g (h) The process by which the HRA may review and evaluate the redeveloper's progress during the periods described in Section 3.4 and 4.5A; and the actions available to the HRA if it determines that the redeveloper is not proceeding with due diligence during such periods. A process statement is being drafted. Recommended Motion: Adopt a motion extending the time period to complete these conditions to April 15, 1996. Basis of Recommendation: 1. The contract contains a provision for providing additional time in Section 3.2. 2. Substantial progress has been made on the preconditions. 3. Processing of the PUD/FDP/CUP applications submitted by TOLD will complete several of the issues. Application processing should be complete by April 8. Alternative Recommendation: 1. Provide no additional time. 2. Provide more or less additional time than requested. Discussion/Decision Mode:. The initial 90-day period has expired. Respectf Ily submitted, James .Prosser Executive Director JDP:ds •