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06-20-88 agendaRICHFIELD, MINNESOTA HRA Letter No. 21 Agenda June 20, 1988 Issue Statement: Authorization to proceed with a planning study, Penn Avenue and Sixty-Sixth Street area (PASSS). Background: Staff is prepared to proceed with an in-house planning study for the Penn Avenue/66th Street area. Attached is an eight phase Scope of Work proposal which will take approximately ten months to complete. Consultants will be used only on a limited specific task basis: (1) site assembly cost data relating to relocating and appraisals; and (2) a brainstorming and evaluation workshop. Included with the Scope of Work is a resolution creating a 20 member advisory committee and its operating procedure. Members would be solicited by mail from residents and businesses in an area bounded by Russell and Newton Avenues and 62nd and 70th Streets. An interested person would be requested to fill out an application form for consideration. In addition, three city-wide positions would be filled from recommendations by the City Council, HRA and Chamber of Commerce. The selection procedure would be initiated immediately and a list of proposed members and a resolution presented to the HRA at the July or August meeting. The expenditures and revenue budget provides for funding from two separate sources. At the urging of the HRA, staff requested an allocation of $10,000 from CDBG monies available to the city. This was discussed with and approved by Hennepin County and the City Council. The balance of the funds will be provided from the HRA Capital Fund. It should be noted that the approved 1988 budget had allocated $74,000 for outside consultant assistance to accomplish this study. Recommendation: Authorize staff to proceed with the study and the solicitation of members for the advisory committee. Basis of Recommendation: 1. This is a priority area for the HRA as evidenced by the previous planning budget approval. 2. Some property owners have expressed an interest in redevelopment. Alternative Recommendation: 1. Delay action on this proposal. 2. Not undertake any planning activities. Discussion/Decision Mode: Because of interest by property should be immediately initiated which to proceed. owners in redevelopment, a study to provide a framework within Respectfully submitted James Prosser City anager JDP:sae PLANNING STUDY SCOPE OF MORK PENN AVENUE AND SIXTY-SIXTH STREET AREA Housing & Redevelopment Authority June 20, 1988 -2- SCOPE OF MORK The Scope of Work outlined in this proposal is designed to achieve the completion of a Market Analysis Study, a Redevelopment Framework Plan, a Design Guideline Manual, and the formulation of an Integrated Implementation Strategy. -- By incorporating both a Market Analysis and a detailed .context for design in the Redevelopment Framework Plan, we wilt be placed in a strengthened position to provide guidance for the redevelopment of the Penn Avenue/66th study area. A detailed design framework must be established in order to give a unifying theme and provide a strong positive image for the study area. The following task descriptions provide a phase by phase process leading to the formulation of our Redevelopment Framework Plan and Implementation Strategy. I. ORIENTATION This initial phase is intended to outline city goals and objectives for the redevelopment framework of the study area. .The primary tasks in this phase are as follows: A. CONSOLIDATE TEAM EFFORT Meeting of team representatives to establish a mutual understanding of project goals and objectives. Establish communication and coordination arrangements. Develop realistic schedule and target dates for key events. 8. COMMUNITY ORIENTATION MEETING Kickoff meeting with community representatives (AKA the PASSS Committee) to introduce the study and for the purposes of understanding issues and obtaining insight on their attitudes and expectations. At this time we may elect to hand out a brief questionnaire regarding their attitudes and expectations for the PASSS area. PHASE I PRODUCTS: 1) Statement of Team Goals ~ Objectives 2) Memo summarizing key points of insight from team meeting and community orientation meeting. 3) Project coordination strategy with timeframe outlined. -3- II. INVENTORY AND ANALYSIS This is the task of gathering and analyzing the necessary information that will aid us in the preparation of the Market Analysis (Phase III) and will be central to the formation of our Redevelopment Framework Plan. The inventory ari-d analysis phase of work breaks down into the following format. A. pATA GATHERING & ANALYSIS ' 1. Compile all existing information, previous studies, plans, and other documentation into a comprehensive data base. 2. Identification of planning issues, opportunities and constraints e.g., traffic, special design opportunities, etc. This tasks will involve the on-site investigation of the study area, including an inventory of existing commercial and residential building stock, with the assessment of existing land uses and zoning patterns; the identification of physical design constraints and opportunities; the identification of public facilities and services,. and also the .collection of the basic background data needed to identify regional influences. Also as a part of this analysis, we will investigate the surrounding neighborhood factors to the study area. B. BASE MAP PREPARATION For the purposes of presentation, a mylar base map will be .prepared of the subject area. C. PHYSICAL OPPORTUNITIES AND CONSTRAINTS ANALYSIS MAP PREPARATION We will prepare a physical opportunities and constraints map based on our analysis in Task A which may be used for presentation purposes. D. PASSS COMMITTEE MEETING Meeting with staff and PASSS Committee in order to present opportunities and constraints, and review their response to the questionnaire. PHASE II PRODUCTS: 1) A mylar base map (e.g., 24" x 36") 2) A physical constraints and opportunities analysis map '_ -4- PHASE III MARKET ANALYSIS As an integral part in determining a future redevelopment framework for the study area, we will conduct a Market Analysis which will include the following tasks. A. COMMUNITY SETTING ANO AREA DEVELOPMENT This tasks .will analyze the community setting, Brea development and area circulation patterns, in conjunction with Phase II, Inventory ~ Analysis. We will review and analyze the area's existing population, commercial, residential, and industrial characteristics as a function of this analysis. 8. DETERMINATION OF TRADE AREA A trade area for the study area will be determined through analysis of development patterns, demographic & economic patterns, and an evaluation of the physical and locational characteristics of the community and study area. C. TRADE AREA DEMOGRAPHIC PROFILE AND ECONOMTC CHARACTERISTICS A trade area profile will be compiled providing population and household trends, employment trends, and economic characteristics. D. MARKET STRENGTH .ANALYSIS A summary will be provided giving an overview of the nature of the market for commercial, residential, and industrial uses. This summary will provide us with the general economic factors which may impact on future redevelopment decisions for the PASSS area. E. CONCLUSIONS AND. RECOMMENDATIONS A general summary of findings and conclusions will be provided, along with recommendations and a "where We Go From Here" implementation strategy. PHASE III PRODUCTS: 1) A market analysis providing conclusions and recommendations in order to direct the Redevelopment Framework Plan and Implementation Strategy. -5- PHASE IV. TAX INCREMENT ANALYSIS This fourth phase will involve a number of tasks which can be implemented concurrently with .Phases II and III. This analysis will be useful in determining general land uses and land use intensities on a parcel by parcel basis which we may recommend in the PASSS area based on the tax increment factor. A. RECORDING DATA Determine format for recording data. B. IDENTIFY PARCELS Identify parcels to be included in the analysis. C. COLLECT TAX PARCEL VALUATION Collect tax parcel valuation data, both current and historical.. D. ALTERNATIVE SITES , Define alternative redevelopment sites. E. SITE ASSEMBLY COSTS Estimate site assembly costs. F. TAX INCREMENT CASH FLOW Determine tax increment cash flow needs. G. INTENSITY LEVELS Establish development intensity levels. PHASE IV. PRODUCTS: 1) Memorandum summarizing Phase IV findings. -6- PHASE V. PREPARATION OF REDEVELOPMENT FRAMEMORK - ALTERNATIVE CONCEPT PLANS In this fifth phase, several alternative land use concepts will be prepared in response to our Phase I, II, III and IV findings. A. PRELIMINARY CONCEPT DESIGN This series of alternative plans will be developed in a context of providing general guidance for land use, circulation patterns, and infrastructure needs. Attention will also be given to peripheral uses surrounding the study area in developing these alternative concepts. 8. CONCEPT REVIEW WORKSHOP During the course of the concept design stage, a redevelopment strategy workshop with the staff team (and any associated consultants) will be set up to review findings of Phases I, IT, III and IV brainstorm as to alternatives for a Redevelopment Framework Plan. C. PRELIMINARY CONCEPT PLAN PRESENTATION A preliminary concept plan presentation will be conducted in an informal setting with the PASSS Committee in order to obtain input on a preferred alternative and any plan refinements. Results of the market and tax increment analysis will also be presented. PHASE V PRODUCTS: 1) Approximately 3 alternative conceptual plans, which will be rendered in the form of large scale presentation graphics (e.g., 24x36) PHASE VI - FINAL REDEVELOPMENT FRAMEMORK PLAN Based on the selection of a preferred concept for the study area, a refined Redevelopment Framework Plan will be prepared. A. FINAL PLAN PREPARATION A refined plan will be prepared serving as a tool to guide future redevelopment in the .study area. This plan will be prepared in a large scale graphic format (e.g., 24" x 36") for presentation purposes. - -7- 6. DESIGN FRAMEWORK MANUAL In order to provide guidance in developing a strong positive image for the redevelopment or the study area, a Design Framework Manual will be prepared in conjunction with The Final Plan. This Framework Manual wil-1 _ illustrate and provide recommendations on design - detailing for signage, landscaping, lighting, bLilding materials, etc. for the study area. This Manua-l-will be produced in order to be made available to the public for redevelopment guidance. PHASE VI PRODUCTS: 1) One Final Redevelopment Framework ~ea9•in24~~1Xr36~~~cale graphic format 2) A Design Framework Manual which may be reproduced in an 8-1/2" x 11" format. PHASE VII - IMPLEMENTATION STRATEGY Relative to the findings of the previous six Phases, a strategy for implementation of the Plan will be developed. A. IMPLEMENTATION STRATEGY A context for evaluating and attracting redevelopment proposals for the study area will be developed, and translated into a written policy plan for the use. of city officials. In addition, the team will put together an outlook for the timing and financing of any public improvements which may be associated with the redevelopment of the study area. PHASE VII PRODUCTS: 1) A written Implementation Strategy incorporating city policies, and outlook for financing and timing of improvements. PHASE VIII - FINAL PLAN do IMPLEMENTATION STRATEGY PRESENTATION A. Final Plan and Implementation Strategy presentation to the PASSS Committee. B. The. Final Plan and Design Framework Manual will be presented, along with the Implementation Strategy, to city officials for review. -8- -ti x l~ C H H H i ~HH ~~~ z~r SKr ~ z 0 Z a+ ro x t~ C H H 1 H3 ~ro H trT1 ~~ -t H H M O z ro x t~ C M 1 H Z r b r 2 b t~ C i b ~ ~~ ~Z y C l~ n 0 z t~ ro H b ro b b ~ ~ ~ ~ ' ~ ch ~ H N M H C H H ~••~ ~ 1- 1 I ' 1 Q ~ z H >C ~ C C+7 x ~ z y A H O H ~ ~ K o ~ z ~ z r ~-3 K ~ z v, r ~ K K N ~ ~ M m b x c~ O Z O z x Z m c c s7 N m 0 -.~ z 0 0 T A t D 2 T m 3 D D S D m r ~ m T //~ ~ V/ ~ r ~ r m -~ O Z uc~tar i -9- For Discussion Only RESOLUTION N0. THE HOUSING ANO REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA RESOLUTION ESTABLISHING A PASSS ADVISORY COMMITTEE MHEREAS, the Housing and Redevelopment Authority-in and for the City of Richfield (HRA) has found that the formation of a new land use plan and program for the development and redevelopment of that area of the city referred to as the "Penn Avenue and Sixty-Sixth Street Area" is necessary to promote the public health, safety and general welfare of Richfield's citi2ens; and, MHEREAS, the formation of a plan and program should involve input from residents and business people; and, MHEREAS, input is best provided by an organized structure, hereinafter referred to as the "Committee." NOM THEREFORE, BE IT RESOLVED 1. The Committee shall be advisory to the HRA to provide ~. input to plans, proposals and concepts referred to it by the HRA and staff. 2. Meetings shall be held at the call of the chairperson or if not available the vice-chairperson. 3. Robert's Rules of Order shall be utili2ed in the conduct of all meetings. . 4. A quorum shall be required to conduct business and shall constitute one member more th an fifty percent of the total voting membership. 5. Recommendations, if any, may be made by the Committee on the basis of a majority vote. 6. Minutes of the meetings shall be circulated to the Planning Commission, HRA and City Council. 7. Members are to be diligent in attending meetings. 8. The School District, Planning Commission, HRA and City Council may each appoint a no n-voting liaison member. 9. After April 30, 1989 the Committee shall dissolve unless prior to that time, the HRA has determined by resolution that it should continue. 10. Members on the Committee shall be those persons listed on Attachment A. -10- 11. The Planning Commission Chairperson is appointed Chairperson and the position of Vice-Chairperson is to be determined by the Committee. 12. The Department of Community Development shall provide staff support to the Committee and be in attendance at all meetings. __ 1,3. The Executive Director is directed to take'the- appropriate steps to effectuate this. resolution. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this _.___. day of , 1988. Thomas E. Harms, Chairman ATTEST: Joan Helmberger, Secretary DATE: HRA PASSS ADVISORY COMMITTEE APPLICATION FORM The Richfield Housing and Redevelopment Authority (HRA) is seeking residents, business owners and property owners to serve on a committee and work with city staff in preparing a long range improvement plan for the PASSS area (see map on reverse-side of this page). The majority of members will be people with residential or business interests in the study area~or immediately adjacent to it. It will probably take about 10 months to prepare a plan. There will be a meeting approximately once every two months to attend as a .committee member. There may be more applicants for the committee than positions to fill. To assist the HRA in making committee member selections, it would be helpful if you would provide the following information. Please complete in black ink or typewriter. NAME fast First Middle HOME AODRE55 If owner of a business indicate the following: Name of Business Address Number of .years at this location years. If owner of real estate which is rented/leased indicate the following: Address of Rented/Leased Property Number of years property owned years. I should be selected as a committee member because (attach no more than .one additional page): Other civic, professional and community activities in which I have been involved: Return to Office of Director of Community Development, 6700 Portland Avenue, Richfield, MN 55423 by -~,z- BUDGET Planning Study Penn Avenue and Sixty-Sixth Street 1988 1989 1050 Staff $33,660 $38,110 1100 Rents & Leases 200 200 (Advisory Committee Meetings) 1102 Word Processing Rental 250 970 1110 Advertising, Publishing & Printing 200 200 1130 Expert & Professional 6,750 1,500 (Planning workshop & graphic reproduction) 1131 Legal Counsel 1,000 1,500 1132 Relocation Consultant 9,000 500 1139 Appraisal Consultant 750 -0- 1210 Travel & Subsistence 500 500 (Advisory Committee Meeting Materials) 1300 Office Supplies 500 500 1301 Copying Charges 750 750 (Duplication of Study Report) 1302 Postage 2,250 2,250 (Meeting Notices) 1360 General Supplies, includes graphic material 2,000 500 Total $55,560 $48,010 Revenues CDBG $10,000 HRA Capital Fund $45,310 $48,010 CITY OF RYCHFIELD, MINNESOTA HRA Letter No. 20 Agenda June 20, 1988 Issue Statement: Authorization to administer a Section 8 Existing Rent Assistance Program independent from the Metropolitan Council HRA (Metro HRA). Background Since 1975 the Richfield HRA has contracted with Metro HRA to coadminister a rent assistance program. Approximately 375 resident households receive rent subsidies. Richfield currently performs the following activities which account for approximately 75 percent of the required program tasks: -take applications -assist the applicant in locating Section 8 housing -inspect dwelling units for suitability -complete leasing and contracts for assistance -review client eligibility annually and renew contracts The following remaining tasks are performed by Metro HRA: -secure administrative and rent subsidy funds from the U. S. Department of Housing and Urban Development (HUD) -implement regional administrative and marketing plans -verify income of new participants -make monthly rent subsidy payments to landlords -maintain a regional waiting list of applicants -monitor vendor activity (13 localities) -pay vendors for administrative expenses according to a rate prescribed by contract The most recent contract with Metro HRA expired in April, 1987. Several months of staff negotiation have not resolved what is basically a financial issue. The Richfield HRA subsidized the local administration of the program by $22,000 last year because it is not being reimbursed for all expenses incurred. Also, more local program control is sought because the program size and continued growth demand more resources including office space, staff time, and money. Three courses of action are available: 1) Initiate an independent housing assistance program to receive HUD funds directly. 2) Contract with Metro HRA. 3) Withdraw from administration of the program. Recommended Motion: Authorize the attached resolution which discontinues the Metro HRA relationship and endorses the development of an independent program. Basis of Recommendation: 1) Metro HRA receives approximately $39.00 per unit per month from HUD for all (Richfield and Metro) administration. Metro HRA pays Richfield $12.00 per unit per month and has offered $13.50 which is, in effect, 35 percent of the revenues for 75 percent of the work. 2) It cost Richfield approximately $17.80 per unit per month to administer the program in 1987. Because of the cost versus reimbursement differential, Richfield spent approximately $22,000 in 1987 from the HRA Capital Fund. Since 1983, approximately $62,500 has been spent from Richfield HRA mill levy or Capital Fund resources to cover the difference between our cost and Metro reimbursement. 3) The Metropolitan Council makes no contribution to the Metro HRA or Richfield HRA for Section 8 program administration. Revenues to Metro HRA from HUD have been sufficient to cover indirect Metropolitan Council administrative activities outside the program and maintain a $325,000 operating reserve. As a result, Richfield's local contribution to expenses indirectly subsidizes the daily administration of the Metropolitan Council. 4) In 1989, it is anticipated that HUD will increase the amount available to Metro to cover administration. If this increase occurs as planned, Richfield could receive up to $14.90. This amount is still short of the amount needed to be reimbursed for expenses. 5) Richfield has the largest vendor program in the Metro system and has sufficient administrative experience in all aspects of client work. A review of autonomous programs in Bloomington, St. Louis Park, and Plymouth, have demonstrated that independent suburban programs, all of which are presently smaller than Richfield's, can be successfully operated within the revenues available from HUD. 6) Outside help is available to assist staff in setting up the initial program and receive training in two task areas not previously performed: the processing and disbursement of monthly subsidy payments to landlords and the supporting accounting services that monitor and review the payment process and subsequent reporting to HUD. 7) HUD has been supportive of Richfield seeking independence. Although new units are not available to allocate to Richfield at this time, HUD has stated they are willing to help Richfield develop an independent program. 8) The administrative responsibility and overall budget, including rent subsidies, will increase in size, but will be offset by the availability of sufficient revenues from HUD. 9) Richfield legal counsel has determined that: a) The Richfield HRA and City Council may rescind the 1975 resolution authorizing the cooperative effort with Metro HRA b) Metro HRA is prohibited from operating a Section 8 program within Richfield without City Council authorization. Alternative Recommendation: 1) Do not proceed with an independent program because: -A long term cooperative effort will be discontinued, -The time required to develop agreements with HUD and the Metropolitan Council and subsequent start up costs of an independent program, although researched, are estimates and estimates cannot be guaranteed. These estimates are based on experience of other communities. -Metro HRA will no longer "shelter" Richfield from program and revenue changes proposed and implemented from HUD. This would include the ability to compete for and receive more housing units. -Since Metro HRA secured units on Richfield's behalf but in Metro's name, they may be reluctant or may refuse to release them to Richfield. HUD may be reluctant to require Metro to do so. If this would occur Metro would not be able to place new subsidized renters within Richfield. -Negotiations with HUD and Metro may allow Richfield an independent program at a different, perhaps lesser amount of administrative revenues. This would make a break even situation more difficult, but possible. 2) Execute the approved contract with Metro HRA at $13.50. -This action will cost Richfield approximately $20,000 to $30,000 annually from Richfield HRA revenues. -The Metro HRA program appears likely to grow further, exceeding staff capacity and requiring more office space, without more revenues except those of the Richfield HRA. 3) Release all program responsibility to Metro HRA. However, this effectively precludes local control, oversight, and the ability to resolve local issues and concerns that may arise. Decision Mode: Following HRA consideration and authorization of a course of action, the matter will be referred to the City Council for their consideration on June 27th. Actions in support of the stated recommendation will likely require submitting applications for fund allocations from HUD and negotiating agreements with HUD and the Metropolitan Council to provide program funds directly to Richfield. Administrative details of the independent program would be brought to the HRA when prepared at a later date. Respectf ly submitted James D Prosser City Hager JDP:eja HRA Resolution No. RESOLUTION RESCINDING RESOLUTION N0. h DATED FEBRUARY 24, 1975 WHEREAS, on February 24, 1975, the Housing and Redevelopment Authority in and for the City of Richfield (Richfield HRA) passed Resolution No. 4 authorizing the Metropolitan Council to apply for federal funds to implement a program of rental assistance for lower income families and elderly in the City of Richfield; and WHEREAS, under Minn. Stat. 473.195 and 473.199, the approval of the Richfield City Council is necessary for the Metropolitan Council to operate a rental assistance program within the City of Richfield; and WHEREAS, on February 24, 1975, the City of Richfield passed Resolution No. 5323 authorizing the Metropolitan Council to apply for federal funds to implement a program of rental assistance for lower income families and elderly in the City of Richfield; and WHEREAS, on June 4, 1980, a contract was entered into between the Metropolitan Council and the Richfield HRA regarding operation of the rental assistance program; and WHEREAS, the above contract between the Richfield HRA and the Metropolitan Council was. amended on January 1,1983, and has since lapsed on April 15, 1987; and WHEREAS, the above parties have been unable to renegotiate the contract to provide adequate compensation to the Richfield HRA for its administrative services provided on behalf of the Metropolitan Council; and WHEREAS, the Richfield HRA has the desire and capability to contract directly with the United States Department of Housing and Urban Development to continue to provide such rental assistance in the City of Richfield. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield as follows: 1. That Resolution No. 4 passed by Richfield HRA on February 24, 1975, is rescinded effective 90 days from the date the City Council takes a similar action and written notice of that action is sent to the Metropolitan Council. 2. That the City Council is requested to consider, from and after 90 days from the date of their action and written notice, that the authorization previously granted by the City of Richfield to the Metropolitan Council to operate a program of rental assistance is withdrawn. 3. That the Richfield HRA endorses the development by the Richfield HRA of a rental assistance program independent of the Metropolitan Council. 4. Nothing herein shall be construed as prohibiting the Richfield HRA from recovering monies owing by the Metropolitan Council under Section 4.A(3) of the contract amended on January 1, 1983. 5. That the Executive Director is hereby authorized and directed to refer this matter to the City Council and send immediate written notice of the results to the Metropolitan Council provided the Richfield HRA and City Council rescinds previous agreements. Passed by the Housing and Redevelopment Authority in and for the City of Richfield this 20th day of June, 1988. Thomas E. Harms, Chairperson ATTEST: Joan Helmberger, Secretary CITY OF RICHFIELD, MINNESOTA HRA LETTER N0. 19 June 20, 1988 Agenda Issue Statement: Authorization to reduce amount of a Rehabilitation Deferred Loan Repayment Agreement. Backgraund• In 1984, a homeowner at 7221 Aldrich Avenue received a deferred loan for home improvements. Among the improvements made was the installation of a new roof. Recently, HRD staff was informed by the homeowner that the roof had been leaking for sometime. Subsequent inspections identified some troublesome areas in the original installation. The homeowner requested additional assistance to make necessary repairs. Generally, repairs for problems of this nature are covered under a five year warranty on workmanship provided by the contractor. However, the company who installed the roof has since gone out of business. Thus, no warranty exists to cover the repair. In similar instances, additional program funds in the form of emergency loans, have been utilized to make repairs. However, due to an increase in income, the homeowner is no longer eligible to receive additional funding. As the roof repairs are necessary and should be completed as soon as possible to avoid further water damage, the homeowner has initiated repairs using personal funds. Although additional funding cannot be provided to the homeowner, it is recommended that the amount of the Deferred Loan Repayment Agreement be reduced by the cost of repairs. The cost of the original roof was $2416. At the request of HRD staff, two independent contractors inspected the roof and confirmed the problems described by the homeowner. Bids submitted by the contractors for roof repair were $2100 and $1870. As both contractor bids were equivalent in content, the amount of the lowest bid, $1870, would be deducted from the total amount of the Repayment Agreement. This would reduce the repayment from $8250 to $6380. The homeowner is presently improving the roof structure and replacing all the roofing material at a cost of $4,300. An affirmative decision by the HRA reduces the amount of CDBG funds that will be returned to Hennepin County when the deferred loan is paid at a future time. Hennepin County indicates this is a Richfield HRA decision and they will be satisfied with any reasonable outcome. Recommendation: Authorize the attached resolution which reduces the amount of the Deferred Loan Repayment Agreement for the property at 7221 Aldrich from $8250 to $6380. Basis of Recommendation: 1. The roof provided through the Deferred Loan Program in 1984 leaked and resulted in water damage. 2. No enforceable warranty exists to make the necessary repairs. 3. An increase in the homeowners income has made the homeowner ineligible for further rehabilitation assistance. 4. The homeowner is satisfied with the solution as presented. Alternate Recommendation: Provide no compensation to homeowner. The homeowner would remain responsible for the repayment of $2416 associated with the original roof installation. In addition, the homeowner is incurring an expenditure in excess of the $1870 repair amount from personal savings to improve the faulty roof. Decision Mode: If acceptable to the HRA, the amount of the Repayment Agreement will be reduced and the agreement filed with the property title at Hennepin County. Respectfully submitted Jame D. Prosser City Manager JDP:eja HRA RESOLUTION RESOLUTION TO REDUCE DEFERRED LOAN REPAYMENT AGREEMENT WHEREAS, a Richfield H WHEREAS, $8250; and WHEREAS, allocated for WHEREAS, damage; and Aldrich Avenue South received Deferred Loan in 1984; and was executed in the amount of in the amount of $2416 was new roof; and resulted in leakage and water the homeowner at 7221 ousing Rehabilitation a repayment agreement a portion of the loan the installation of a the roof installation WHEREAS, the cost of repairs was estimated to be $1870; and WHEREAS, no enforceable warranty exists to lower the cost of or assist in making repairs. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: That the Chairperson and Executive Director are authorized to execute a new Repayment Agreement for property at 7221 Aldrich Avenue South, which reduces the amount of the deferred loan by $1870 from $8250 to $6380. Passed by the Housing and Redevelopment Authority in and for the City of Richfield, this 20th day of June, 1988. ATTEST: Thomas E. Harms, Chairperson Joan Helmberger, Secretary