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..
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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
• • •
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• 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.
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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
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