03-20 Regular HRA HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
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Regular Meeting
March 20, 2017
CALL TO ORDER
The meeting was called to order by Chair Supple at 7:00 p.m. in the Council Chambers.
HRA Members Mary Supple, Chair; Pat Elliott; Michael Howard; Doris Rubenstein; and
Present: Sue Sandahl.
Staff Present: Steve Devich, Executive Director; John Stark, Community Development
Director; Karen Barton, Community Development Assistant Director;
and Elizabeth VanHoose, City Clerk.
OATH OF OFFICE OF RICHFIELD HRA COMMISSIONER, MICHAEL HOWARD
OATH OF OFFICE OF RICHFIELD HRA COMMISSIONER, SUE SANDAHL
City Clerk VanHoose administered the oaths of office to HRA Commissioners Michael
Howard and Sue Sandahl.
APPROVAL OF THE MINUTES OF THE REGULAR HRA MEETING OF JANUARY 17, 2017
M/Elliott, S/Sandahl to approve the minutes of the regular HRA Meeting of January 17,
2017.
Motion carried 5-0.
ITEM #1 APPROVAL OF THE AGENDA
Chair Supple and the other Commissioners expressed their thanks to former Commissioner
David Gepner for his work on the HRA.
M/Rubenstein, S/Elliott to approve the agenda.
Motion carried 5-0.
ITEM#2 2016 YEAR IN REVIEW
HRA Meeting -2- March 20,2017
Community Development Assistant Director Karen Barton presented a PowerPoint of the
2016 Year in Review.
Commissioner Rubenstein asked who would be responsible for maintaining the park next to
Audi and stated we need to celebrate the accomplishments publicly.
Barton responded that the park is Audi's responsibility.
Commissioners thanked Barton for the report.
ITEM#3 HRA APPROVAL OF THE CONSENT CALENDAR
Executive Director Devich presented the consent calendar.
A. Consideration of the approval of a resolution designating certain financial institutions as
depositories for the Housing and Redevelopment Authority for 2017. (S.R. No. 9)
RESOLUTION NO. 1249
RESOLUTION DESIGNATING CERTAIN FINANCIAL INSTITUTIONS
AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND
REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2017
This resolution appears as Resolution No. 1249.
B. Consideration of the approval of revisions to the Transformation Loan Program Guidelines
updating the administration of the Program. (S.R. No. 10)
C. Consideration of the approval of revisions to the Richfield Rediscovered Lot Sale
Guidelines and the Redevelopment Credit Program Guidelines. (S.R. No. 11)
D. Consideration of the approval of recommended revisions to the New Home Program
Guidelines. (S.R. No. 12)
E. Consideration of the approval of a resolution authorizing an interfund loan up to $400,000
for advance of certain costs in connection with the Interchange Tax Increment Financing
District. (S.R. No. 13)
RESOLUTION NO. 1250
RESOLUTION AUTHORIZING AN INTERFUND LOAN FOR
ADVANCE OF CERTAIN COSTS IN CONNECTION WITH THE
INTERCHANGE TAX INCREMENT FINANCING DISTRICT
This resolution appears as Resolution No. 1250.
F. Consideration of the approval of a resolution approving a Subordination Agreement related
to Urban Village. (S.R. No. 14)
RESOLUTION NO. 1251
RESOLUTION APPROVING ASSIGNMENT AND SECOND
AMENDMENT TO CONTRACT FOR PRIVATE DEVELOPMENT
WITH RM SENIOR LIVING RICHFIELD LLC
This resolution appears as Resolution No. 1251.
M/Sandahl, S/Rubenstein to approve the consent calendar.
HRA Meeting -3- March 20,2017
Motion carried 5-0.
ITEM#4 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT
CALENDAR
None.
ITEM #5 CONSIDERATION OF THE APPROVAL OF A RESOLUTION APPROVING THE
ASSIGNMENT AND ASSUMPTION OF CONTRACT BETWEEN MESABA CAPITAL
DEVELOPMENT, LLC, RM SENIOR LIVING RICHFIELD LLC, AND THE HOUSING
AND REDEVELOPMENT AUTHORITY, AND SECOND AMENDMENT TO
CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN RM SENIOR LIVING
RICHFIELD LLC AND THE HOUSING AND REDEVELOPMENT AUTHORITY. (S.R.
NO. 15)
Community Development Assistant Director Karen Barton presented Staff Report No. 15.
Commissioner Elliott requested that in the future if the HRA approves a contract and there is
reason to believe there will be an assignment of the contract it be brought forward earlier so
the HRA understand who is going to be building, running, and/or managing the property,
before the assignment takes place. He stated he would like to know up front of any other
companies related to a project, rather than later on.
M/Howard, S/Elliott to approve a resolution approving Assignment and Second Amendment
to Contract for Private Development with RM Senior Living Richfield, LLC.
RESOLUTION NO. 1252
RESOLUTION APPROVING SUBORDINATION AGREEMENT
RELATED TO RICHFIELD URBAN VILLAGE
Motion carried 5-0. This resolution appears as Resolution No. 1252.
ITEM #6 CONSIDERATION OF THE APPROVAL OF A CONTRACT FOR PRIVATE
DEVELOPMENT BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY
AND ENDRES CUSTOM HOMES, INC. FOR THE REDEVELOPMENT OF 6836
IRVING AVENUE UNDER THE RICHFIELD REDISCOVERED CREDIT PROGRAM.
(S.R. NO. 16)
Community Development Assistant Director Karen Barton presented Staff Report No. 16.
M/Rubenstein, S/Howard to approve and authorize execution of a Contract for Private
Development between the Housing and Redevelopment Authority and Endres Custom
Homes, Inc. for the redevelopment of 6836 Irving Avenue through the Richfield
Rediscovered Credit Program.
Motion carried 5-0.
HRA Meeting -4- March 20,2017
ITEM#7 HRA DISCUSSION ITEMS
Chair Supple asked about an update of Cedar Point II.
Community Development Assistant Director Karen Barton responded that we are continuing
to work with the developer to try to move the project forward.
There was general discussion regarding the concern that the project seems not to be
moving forward.
Chair Supple reported on an article in the Sunday(March 19) Star Tribune front page
touting Richfield's housing market.
ITEM#8 EXECUTIVE DIRECTOR REPORT
Executive Director Steve Devich reported on the status of three Richfield bills in this year's
legislature.
Community Development Director John Stark gave a summary of a work session presented
by Edina staff regarding the Southdale Library project.
ITEM#9 CLAIMS AND PAYROLL
M/Elliott, S/Howard, that the following claims and payroll be approved:
U.S. BANK 02/20/17
Section 8 Checks: 128440 - 128530 $167,188.01
HRA Checks: 32972 -33008 $298,570.52
TOTAL $465,758.53
U.S. BANK 03/20/17
Section 8 Checks: 128531 - 128621 $163,387.31
HRA Checks: 33009 -33037 $182,360.44
TOTAL $345,747.75
Motion carried 5-0.
ITEM #10 ADJOURNMENT
The meeting was adjourned by unanimous consent at 8:05 p.m.
HRA Meeting -5- March 20,2017
Date Approved: April 17, 2017
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Kate tchison e Devich
Housing Specialist Executive Director