09-29-86 agenda_s
HOUSING AND REDEVELOPMENT AUTHORITY
HRA Letter No. 31
September 29, 1986
Issue Statement:
Authorization of Technical Modifications to the 66th Street/Rae
Drive Project Site Plat and Corresponding Amendments in the
Articles of Incorporation, Bylaws, and Restrictive Covenants that
Apply to the 66th Street/Rae Drive Development and the Rae
Homeowners Association.
Background:
The HRA authorized the site plat and townhouse documents
(Articles of Incorporation and Bylaws of the Rae Homeowners
Association and Declaration of Covenants, Conditions,
Restrictions and Easement for Rae Twin Homes) in July, 1985. A
copy of the approved plat known as Rae 2nd Addition accompanies
this letter. The plat was considered the final plat for the
HRA/Vo-Tech twin home at 920-924 West 66th Street. The remaining
area, Outlot A and B, was the preliminary portion of the plat
that remained to be developed with additional twin homes. This
development has now occurred and a final plat has been prepared
by the Developer, George Branton Construction Company,. for the
HRA, Planning Commission, and City Council to consider. A copy
of the final platting of Outlots A and B Rae 2nd Addition, to be
known as Rae 3rd Addition, accompanies this letter.
Because of the changes in the legal. description (Rae 2nd to Rae
3rd addition), the changes must be reflected in the home owners
association documents and restrictive covenants. The Articles of
Incorporation of Rae Homeowners Association, Inc. provides for
the filing and identification of the Association with the State
of Minnesota as a nonprofit corporation. The By-Laws of Rae
Homeowners Association, Inc. identifies the administrative
structure and process that the Association must follow. The
Declaration of Covenants, Conditions, Restriction s. and Easements
for Rae Twin Homes identifies the requirements that are tied to
the land which the Association must abide by.
Legal Counsel has prepared the required amendments to these
documents, the following legal descriptions and corresponding
addresses will apply:
Rae 2nd Addition: Lot
Lot
Lot
Rae 3rd Addition: Lot
Lot
Lot
Lot
Lot
Lot
2,
1,
3,
1,
2,
3,
4,
5,
1,
Block 1 (920 W. 66th St.)
Block 1 (924 W. 66th St.)
Block 1 (common area)
Block 1 (903 Rae Drive)
Block 1 (901 Rae Drive).
Block 1 (910 W. 66th St.)
Block 1 (912 W. 66th St.)
Block 1 (Common area)
Block 2 (1008 W. 66th St.)
Lot 2, Block 2 (1012 W. 66th St.)
Lot 3, 81ock 2 (1016 W. 66th St.)
Lot 4, Block 2 (1018 W. 66th St.)
Lot 5, Block 2 (common area)
Each property owner has individual rights to the townhouse unit
they are purchasing. The common areas (Lot 3, Block 1 Rae 2nd;
Lot 5, Block 1 and 2, Rae 3rd) are provided to the benefit and
responsibility of all property owners within the development
area.
Once the units are sold (anticipated in October and November,
1986) and the-first annual meeting is held in January, 1987,
officers will be elected for the Association by the individual
owners.
Recommendation:
It is recommended that the HRA adopt the attached resolution
which authorizes the Chairperson and Executive Director to
execute the plat, provided that the Planning Commission and City
Council approve, and that the corresponding Homeowners
Association and restrictive covenants be amended and executed by
the Chairperson and Executive Director.
Basis of Recommendation:
1. The sale. of the townhouses owned by the Developer and the
HRA cannot proceed until the legal descriptions, the
platting, and associated documents are modified properly.
-The plat and documents must then be filed with the County
for them to take affect.
2. The review of the plat by the Planning Commission and City
Council will ensure that the developer has met all City
requirements in preparing the plat.
3. The developer is required to prepare and submit the plat
in accordance with a development agreement with the HRA.
Alternative Recommendation:
Not adopt the resolution authorizing the modifications. This
would have the impact of jeopardizing the sale of the units.
Decision Mode:
The platting process is a lengthy one, requiring review by the
HRA, City Council, Planning Commission, and Hennepin County. The
sale of units will not proceed until the County completes its
review and the legal description and documents are a matter of
record. The Planning Commission review is scheduled to occur
September 23, 1986, the City Council review is scheduled to occur
October 13, 1986. It is hoped the County would complete their
work by the end of October.
Respectfully submitted,
Jam s D. Prosser
Exe tive Director
HRA RESOLUTION N0.
RESOLUTION AUTHORIZING AMENDMENTS TO DOCUMENTS CONCERNING
66TH STREET/RAE DRIVE PROJECT: PLAT, ARTICLES OF INCORPORATION,
BYLAWS, RESTRICTIVE COVENANTS
WHEREAS, the Housing and Redevelopment Authority (HRA ), in
and for the City of Richfield has considered the status of the
66th Street/Rae Drive Housing development; and
WHEREAS, it has been determined that amendments are required
to the following documents because legal descriptions for the
housing units and surrounded common area have been defined:
-Site plat
-Articles of Incorporation, Rae
Homeowners Association
-Declaration of Covenants, Conditions,
Restrictions, and Easements; and
WHEREAS, Registered Surveyors and Legal Counsel for the HRA
have prepared the required documents for signature provided the
Planning Commission and City Council review and authorize
executing the documents; and
WHEREAS, the HRA will be joined by the City Council,.
Officers .of Rae Homeowner Association, and the Developer, George
E. Branton Construction Company in the execution of these
documents.
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:
-The Plat, Rae 3rd Addition
-Amendments, Articles of Incorporation, Rae Homeowners
Association
-Amendments, Bylaws, Rae Homeowners Association
-Amendments, Declaration of Covenants, Condition,
Restrictions, and Easements for Rae Town Homes
provided the Planning Commission and City Council authorize the
platting of Rae 3rd Addition.
Passed by the Housing and Redevelopment Authority in and for
the City of Richfield this 29th day of September, 1986.
Thomas E. Harms, Chairperson
ATTEST:
Joan Helmberger, Secretary
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HOUSING AND REDEVELOPMENT AUTHORITY
HRA Letter No. 30
September 29, 1986
Issue Statement:
Authorization To Issue A Certificate Of Completion For The Single
Family Home Developed at 7508 Colfax Avenue South By George E.
Branton Construction Company
Background•
In April, 1985, utilizing $41,000 CDBG funds, the HRA acquired a
small, 400 sq. ft. substandard dwelling. A picture of the
original dwelling accompanies this letter along with a picture of
the new dwelling. The dwelling was removed and a developer was
solicited to construct a new single family home in conjunction
with a development package which included the 66th Street/Rae
Drive townhome project.
In October, 1985, the HRA held a public hearing to sell the
property to the selected developer, George E. Branton
Construction Company, according to conditions of a Development
Agreement. The parcel was sold to Branton Construction Company
for $1.00 with a second lien of $15,100 for the land due the HRA
when the initial purchaser sells the property. The sale price
for the unit will be $85,000. The transaction will be as
follows:
$63,750 Lender held first mortgage
15,100 HRA held second mortgage
5,500 Buyer down payment
650 Developer down payment
assistance
$85,000
The developer buy down assistance was required so the property
could be sold to a first time home buying family with income
between $26,250 - $29,550. Since the completion of the house,
the developer has been renting it to the purchasing family.
The property prior to purchase was producing $400 in homestead
property tax revenue. The homestead tax revenue from the new
dwelling will approximate $1,400.
A11 of the requirements of the developer's agreement have been
met.
Recommendation;
It is recommended that the HRA authorize the Chairperson and
Executive Director to execute the Certificate of Completion,
second mortgage documents, and any other documents required for
the closing by adopting the attached resolution.
Basis of Recommendation:
1. Mr. Branton has provided a new 3 bedroom home with 1,400
sq. ft. of finished floor area. Inspections by building and
housing division staff, and the lender indicate the project
has been satisfactorily completed.
2. The HRA is required by the developer's agreement to provide
a Certificate of Completion provided that the work is
satisfactorily completed.
Alternative Recommendation:
A refusal to issue the Certificate of Completion would have to be
based on noncompliance with the developer's agreement.- At this
time there doesn't appear to be a basis for such a funding.
Decision Mode•
A closing is scheduled for Tuesday, September 30th,-1986.
Issuance of the Certificate of Completion must be authorized
before the closing may take place. A delay in issuance of the
Certificate would necessitate a rescheduling of the closing.
Respec ully submitted,
Jam D. Prosser
Exe tine Director
HRA RESOLUTION N0.
7508 Colfax Avenue South
WHEREAS, the
and for the City
property at 7508
WHEREAS, the
family home based
requirements; and
Housing and Redevelopment Authority (HRA) in
of Richfield has considered the status of
Colfax; and
property was to be developed with a single
on a development agreement containing certain
WHEREAS, it has been determined that the requirements of the
development agreement have been met, provided that the actual
closing occurs between the developer, George E. Branton
Construction Company and the qualified buyer; ;and
WHEREAS, the HRA is required by the development agreement to
provide a Certificate of Completion and other supporting
documents for the closing to occur.
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 the Certificate of Completion and other required
support documents to facilitate closing.
Passed by the Housing and Redevelopment Authority in and for
the City of Richfield this 29th day of September, 1986.
Thomas E. Harms, Chairperson
ATTEST:
Joan Helmberger, Secretary
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HOUSING AND REDEVELOPMENT AUTHORITY
HRA Letter No. 29
September 29, 1986
Issue Statement:
Informal Presentations and/or Discussions of Various Development
Concepts for the Graham Avenue Development Site at 67th Street
and Lyndale Avenue in the LHN.
Background-
On June 16, 1986 the HRA directed staff to initiate discussions
with developers regarding their potential interest in
redeveloping the Graham Avenue site. Since that time, staff has
met with developers and in August provided information to the HRA
regarding the possibility of enlarging the site to include the
VFW property.
There are at least four developers interested in the site; The
Community Development Corporation of the Archdiocese of St. Paul-
Mpls. (CDC), "Walker.", Tushie-Derrick, and Shaller-Trestman.
Each of the developers will be represented at the HRA meeting on
Monday to discuss their concepts.- Some concepts will be defined
in greater detail than others.
Recommendation:
It is recommended that the HRA discuss the concepts with the
developers and direct staff to evaluate the proposal(s) using the
information available.
Basis of Recommendation:
While staff has had discussions with the developers, the concepts
to be presented have not been evaluated. In addition, both CDC
and "Walker" have submitted applications for Section 202/8
elderly rental housing. The selection of 202/8 applications
should be made by HUD within the coming two weeks. If one of the
applicants was selected, it would be possible to determine the
appropriateness of locating such a development on a portion of
this site.
Alternative Recommendation:
1. Reject proposals without staff evaluation.
2. Select a proposal without staff evaluation.
As of this writing, staff is not aware of sufficient details
regarding any concept to make a recommendation, thus the
recommendation is appropriate.
Decision Mode:
There is no deadline of which staff is aware that necessitates a
decision by the HRA at this time. Thus, continuing the
discussion to the October meeting and including a preliminary
staff analysis is appropriate. If the preliminary staff analysis
is to be presented to the HRA in October, it would be appropriate
to invite the people from the area to that meeting to participate
in the discussion of the proposals.
Respectfu y submitted,
Jame Prosser
Exec ive Director
JDP/eja
CITY OF RICHFIELD, MINNESOTA
Office of City Manager/Executive Director
Council Letter No. 334
l Letter No. 28
Agenda September $, 1986
The Honorable Mayor
and
Members of the City Council
City of Richfield
Subject: Planning Commission,
on Revised CDR Proje
Improvement Program
Housing and Redevelopment
Authority Commissioners
City of Richfield
City Council, HRA Session
ct Concept and .ILN Public
Council Members and Commissioners:
A meeting of the above identified three groups has been
scheduled from 5:30 PM to 6:45 PM on September 8th in the Council
Chambers. A light supper will be provided.
At that time, staff and representatives of CDR will present
their respective concept proposals for revising original plans.
On Monday, August 25th, each member of the three organizations
received memoranda which presented and explained the revisions.
This information will be presented. verbally and with-the use of
drawings on Monday evening.
On Monday, Tuesday and Wednesday of last week, three
meetings were held at which the modifications were presented. On
Monday evening., CDR representatives met with community
representatives. Approximately 50 people were invited, and
sixteen persons attended. On Tuesday, the city sponsored meeting
was with the ILN. Advisory Committee and on Wednesday with the
newly ,formed Residential Advisory Committee (The Residential
Advisory Committee selected Marvin Kaiser as chair, Diane Olson
as Vice-Chair, and Dawn Stovall as Secretary).
The purpose of the three meetings was to .present the revised
concepts and solicit comments. Staff and representatives of CDR
will compile a list of the comments and evaluate them against the
revised concepts. Meetings with these groups will then be
scheduled to respond to the comments. In addition, now that the
initial meetings have been held with people most familiar with
the projects, additional meetings will be scheduled. for people
from throughout the community which include-both residents and
business people.
The presentation on Monday is for information purposes and
also to obtain your comments. No action is being requested as a
result of the presentation.
Respect uliy submitted,
Jam D. Prosser
Ci Manager/HRA
Ex cutive Director
JDP/eja