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06-24-85 agenda ~~3~/ CITY OF RICHFIELD, MINNESOTA • Office of City Manager Council Letter No. 252 Agenda June 24, 1985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Special City Council/HRA Meeting Relating to The ILN Council Members: It is the reccmmendaticn of BRW consultants and the city staff that a joint city council/HRA meeting to consider the land use and traffic circulation concepts of the ILN be scheduled prior to the next ILN task force meeting on July 11, 1985• It is recommended that the city council schedule this meeting for Monday evening, July 1, 1985, at 7:30 p.m. in the city hall council chambers. Respectfu _mitted, ~L~~- ohn G. a twrigh City Manage JGC/eja i CITY OF RICHFIELD, MINNESOTA ~~p( Office of City Manager Council Letter No. 251 A enda June 24 1 g 985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Southwest Suburban Cable Commission Recommended Agreements to Provide for Local Programming Council Members: Richfield, along with the four other SWSCC member cities, has been requested by Rogers Cableystems to consider a financial relief package due to serious financial difficulties. Amending and Relief Ordinances Adopted Richfield, at the June 10, 1985, city council meeting, approved the following ordinances to deal with the request for financial assistance: • 1. Adopted an amending ordinance to the franchise agreement which is subject to Rogers obtaining new financing by 12-31-87. This ordinance provides: (a) four year extension of the franchise; (b) cities may waive requirements to extend service into new subdivisions; (c) revised liability insurance coverages; and, (d) the cost to be paid by the cities to purchase the system. 2. Adopted a relief ordinance that offers temporary reductions of Rogers franchise obligations to allow for Rogers financial recovery. This ordinance provides for: (a) reduction of franchise fees from 5~ to 3~; (b) cities may reduce the required amount of the letter of credit (currently $50,000); (c) Rogers may dispense with the $300,000 performance bond (but cities can require one when deemed necessary); (d) Rogers will pay 1% of gross revenues to meet its local programming obligations; (e) a period of 30 months to obtain new financing. -2- Performance Agreement Under Consideration 1. An Overview The performance agreement is generally intended to provide a detailed explanation of Rogers' obligations to provide local programming services. Also, the performance agreement provides how the cities, the cable commission and Rogers will participate on an on-going basis during the term of the Relief Ordinance (referred to above) to assure that the performance of the local programming obligations will be met. The agreement also provides for a procedure to be followed to research the feasibility and need for the proposed institutional cable network and providing cable service to newly developed subdivisions. There are five documents which comprise the performance agreement. The five documents are: (a) The performance agreement; (b) Exhibit A, Contract for Local Programming Services (Personnel Services Contract); (c) Exhibit B, Contract for Local Programming Services (Facilities Contract); (d) Exhibit 1, Public Educational and Government Access Studio Locations and Descriptions; and, (e) Exhibit 2, Public, Educational and Government Access Equipment Locations and Descriptions. Please note that Exhibits A and B are part of the Performance Agreement and Exhibits 1 and 2 are part of the facilities contract (Exhibit B). 2. Major Provisions of the Five Documents The major provisions of the Performance Agreement are: (a) provides for local programming facilities (studios, equipment); (b) provides for the personnel Rogers will furnish to operate the local programming facilities; (c) cities agree to contribute up to 1~ of the _ remaining franchise fee for local programming; (d) cities may, after August, 1986, contract with some other organization than Rogers for personnel to provide local programming; (e) contains a provision to establish a group to deal with the Institutional Network to determine its need and funding possibilities; (f) contains a provision to deal with providing cable service in new areas that are developing; _3_ (g) Rogers annually will prepare a business plan so that the cities will know what methods Rogers plans to take to resolve their cash shortage and other financial problems; and, (h) cities may require Rogers to contract for a detailed analysis of Rogers operating efficiencies with an independent consulting firm if Rogers seeks any modifications to the franchise ordinance. Exhibit A, Contract for Local Programming Facilities, committs Rogers to keep two studios open plus a mobile studio van whatever the cost. The studios are at Hopkins and Eden Prairie. Edina plans to keep their studio open and will make it available to Richfield residents. The Minnetonka studio operated by the Hennepin County Library System will be closed to the SWSCC after a one year period. Exhibit 1, Public, Educational and Government Access Studio Locations and Descriptions, specifically describes the studios to remain open and maintained at Rogers expense. The addresses of the Eden Prairie and Hopkins studios are included along with detailed floorplans of these facilities. • Exhibit 2, Public, Educational and Government Access Equipment Locations and Descriptions, specifies the equipment to be dedicated to local programming. It does so by listing all equipment, on a studio by studio basis, and, describing the allocation of equipment presently located in studios that will be closed. Equipment presently residing at the Eden Prairie and Hopkins studios shall remain so. Exhibit B, Contract for Public Educational and Government Access Services, sets forth the programming personnel to continue local programming (access coordinators, educational access consultant, etc.). Recommendation The city manager recommends approval of the documents providing for local programming. pectf~ bmitted, ohn G. Ca twrigh City Manag r JGC/eja CITY OF RICHFIELD, MINNESOTA Office of City Manager • Council Letter No. 250 Agenda June 24, 1985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Resolution Approving Extension of Disbursement Date and Approving Amendments to the Indenture and Loan Agreement in Connection with the City's $5,900,000 Variable Rate Demand Purchase Commercial Development Revenue Bcnds - Market Plaza Commercial Joint Venture Council Members: The purpose of the resolution is to amend the loan and indenture agreements by changing the deadline for the disbursement of $5,900,00 of commercial development revenue (TDB's) bonds and to obtain a replacement letter of credit for the shopping mall component of the Market Plaza project. In December of 1984, the Market Plaza developers, utilizing the marketing services of Piper, Jaffray and Hopwood, sold the bonds to Cargill for a temporary six month period to allow additional time to complete the financial arrangements in order to market the bend issue. The financial industry refers to this procedure as "parking-the-bond-issue." The developers are seeking an extension from the July 1, 1985, disbursement date to a new deadline of August 5, 1985• The extension of time will be used by the developers to arrange for a substitute letter of credit from First Federal of Minneapolis to replace the letter of credit from First National Bank of St. Paul. At one of the July, 1985, city council meetings, the developer will request approval of the housing bond issue for the rental apartment component. This will occur once they get a bond rating on the housing issue. City administration recommends approval of the resolution. R pectf ~ubmitted, John G Ca~twrig t City Manager. JGC/eja NOTE: Copies of the Indenture of Trust consisting of 172 pages plus exhibits and the Loan Agreement consisting of 58 pages plus exhibits are not included in the city council agenda backup material. A copy for review is available from the city manager's office. • S ^I PROVING EXTENSION OF RE OLUl ON AP DISBURSEMENT DATE AIJD APPROVING ArLENDMENTS TO THE INDENTURE AND LOAN AGREEbIENT IN CONNECTION WITH THE CITY'S $5;900,00.0 VARIABLE RATE DEMAND PURCHASE CO~II~IERCIAL DEVELOPMENT REVENUE BONDS , " SERIES 1984 (MARKET PLAZA C0~IMERCIAL JOINT VENTURE PROJECT) BE IT RESOLVED by the Council of the City of Richfield, Minnesota, as follows: WHEREAS, on December 27, 1984, the Council approved, pursuant to Resolution No. 6981, the issuance by the City of its $5,900,000 Variable Rate Demand Purchase Commercial Develop- ment Revenue Bonds', Series 1984 (the "Bonds"), the proceeds of which are to be used to finance an approximately 70,000 square foot building and related improvements including parking facili- ties and equipment suitable for a retail shopping facility (the "Project"). The Bonds were issued in .accordance with a Bond Purchase Agreement dated as of December 28, 1984 (the "Purchase Agreement") between the City, Market Plaza Commercial Joint Venture,;a Minnesota joint venture partnership (the "Company") and Cargill Export, Inc. (the "Bond Purchaser"). WHEREAS, pursuant to a Loan Agreement dated as of December 1, 1984 between the City as Lender and the Company as Borrower (the "Loan Agreement"), the City loaned the proceeds of the Bonds to-the Company to partially finance the cost of the Project. The Basic Payments made by the Company under the Loan Agreement are fixed so as to produce revenue sufficient to pay the principal of; premium, if any, and interest on the Bonds when due. The City assigned its rights to the Basic Payments .and certain other rights under the Loan Agreement to First Trust Company of Saint Paul, iri St. Paul, Minnesota (the "Trustee") as security for payment of the Bonds under an Indenture of Trust dated as of Dec-ember 1, 1984 (the "Indenture"). To further secure the payment of the Bonds and the interest thereon and of the pur- chase price of any Bonds required to be purchased under Section 2-18 of the Indenture, the City entered into a Remarketing Agree- merit dated as of December 1, 1984 with Piper, Jaffray & Hopwood, Inc., the Trustee and the Company (the "Remarketing Agreement") and entered into a Letter of Credit Reimbursement Agreement dated as of December 1, 1984 (the "Reimbursement Agreement") with The First National Bank of Saint Paul (the "Bank"), the Company and the Trustee pursuant to which an Initial Credit (as defined in the /I- Indenture) was issued. The .Council approved the Loan Agreement, Indenture, Remarketing Agreement, Reibmursement Agreement, and all other documents necessary to the transaction and directed execution of the same. WHEREAS, pursuant to the terms of the Indenture, the Company has determined to replace the Initial Credit with a Replacement Credit (as defined in the Indenture) to be provided by First Federal Savings and Loan Association of Minneapolis and to remarket the Bonds at a fixed rate. Upon remarketing, the Replacement Credit will secure payment on the Bonds as provided in the Indenture. WHEREAS, in accordance with Section 5-4 of the Inden- ture, no disbursements may be made from the Construction Fund .for a purpose other than the payments of principal or interest due on, or the purchase price of, the Bonds and certain issuance costs, until the Disbursement Date, which, pursuant to Section 3-1(7) of the Indenture must occur on or prior to July 1, 1985 unless extended in accordance with the terms of that Section. Pursuant to the Indenture, the Disbursement Date shall not occur until such .time as the Replacement Credit is in place to secure payment on the Bonds. WHEREAS, the Replacement Credit will not be in place and the Bonds will not be remarketed prior to July 1, 1985, and consequently it is necessary for the Company to request that the Disbursement Date be extended to August 5, 198.5. WHEREAS, the Indenture and Loan Agreement each provide for the amendment of the Indenture and Loan Agreement, respec- Lively, to facilitate the issuance of a Replacement Credit. WHEREAS, Section 3-1(7) of the Indenture provides that . the Disbursement Date may be extended by the City at the request of the Company and the Bank if the City and Trustee have received an opinion of Bond Counsel to the effect that such extension will not adversely affect the tax-exempt status of the Bonds. NOW, THEREFORE, BE IT RESOLVED by the City Council of. the City of Richfield, Minnesota, as follows: 1. Subject to the approval of the City Attorney, the amendments to the Indenture are approved substantially in the form submitted and on file in the Office of the City Clerk. 2. Subject to the approval of the City Attorney, the amendments to the Loan Agreement are approved substantially in th.e form submitted and on file in the Office of the City Clerk. 3. Pursuant to the Request for Extension executed by the 3 - . ~f~ • a d a a d on fil in the Office of the Cit Company n the B nk n e y Clerk, and subject to receipt of the opinion of Briggs and Morgan, Professional Association, Bond Counsel, stating in effect that the extension of the Disbursement Date from. July 1, 1985 to August 5, 1985 will not adversely affect the tax-exempt status of the Bonds, the City hereby approves .the extension of the Disbursement Date from-July 1, 1985 to August 5, 1985. The Mayor and the-City Manager of the City .are hereby authorized and directed. to .execute the Certificate as to Extension of Disbursement Date in substantially the form submitted and on file in the Office of .the City Clerk. Passed: June 24, 1985 Mayor • Attest City Manager (SEAL) -3- Extract of Minutes of Meeting of the City Council of the City of Richfield, Minnesota Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Richfield, Minnesota was duly held at the. City Hall in said City on Monday, the 24th dayof June, 1985,. at o'clock p.m. The following members were present: and the following were absent:. Member introduced the following resolution and moved its adoption: Res. RESOLUTION APPROVING EXTENSION OF DISBURSEMENT DATE AND APPROVING AMENDMENTS TO THE INDENTURE AND LOAN AGREEMENT IN CONNECTION WITH THE CITY'S $5,900,000 VARIABLE RATE DEA4AND PURCHASE COMMERCIAL DEVELOPMENT REVENUE BONDS, SERIES 1984 (MARKET PLAZA COMMERCIAL JOINT VENTURE PROJECT) The motion for the adoption of the foregoing resolution was duly seconded by member , and upon vote being taken thereon the following voted in favor thereof: and the following voted against. the same: whereupon said resolution was declared duly passed and adopted. ~ STATE OF MINNESOTA COUNTY OF HENNEPIN CITY OF RICHFIELD I, the undersigned, being the duly qualified Clerk of the-.City Council of the City of Richfield, Minnesota, DO HEREBY CERTIFY that I have compared the attached and foregoing extract of minutes with the original thereof on file in my office, and that the same is a full, true and complete trans- crpt of the minutes of a meeting of the City Council of said City duly called and held on the date therein indicated, inso- far as such minutes relate to extension of the Disbursement Date and amendments to the Indenture and Loan•Agreement in . connection with the: $5,900,000 Variable Rate Demand Purchase Commercial Development Revenue Bonds, Series 1984 (Market Plaza Commercial Joint Venture Project). WITNESS, my_hand and the seal of said City this day of June, 1985. (SEAL) City Clerk CERTIFICATE AS TO EXTENSION OF DISBURSEMENT DATE The undersigned are duly authorized to execute this Certificate on behalf of the City of Richfield and First Trust Company of Saint Paul., respectively, and do hereby determine that the Disbursement Date as defined in the Indenture of Trust dated as of December 1, 1984, between the City and the Trustee is hereby extended .from July 1, 1985 to August 5, 1985. Dated this day of June, 1985. CITY OF RICHFIELD By Its By - Its FIRST TRUST COMPANY OF SAINT PAUL By Its By Its . Msrtsaw.l Lawn Joesr R.Fllraalux i AW OFFICES AxDaae M. BoxD T.,:...:..,...~ P. Axosr Goys oaluea Taotus A. L+tiaox g A I G G S A N D M O I3 G A N Mew $ Frsa Rasa: L. Las Rostat M. Bowtx Deem J. Srffircas Rosser J. Pssrta Axx H........._:; Faexa He........_ DexrRf. J. GOI3, Js. JoHx Bmrffirs T817D7 R. Ge5Tee20a0 J.I{sras DocoresLSaoa Pa~raSSIONALASSOCIATION JexasG.Rex EuzeseraJ.A.._.,....y G. Ssesa MlcasaL H,J~~..,~.us Aresesa H. Nestor Gatooar J. Srexn/ot . Svrexsox R. Scats Dav[ts TaaDY J. Hsla.e CaeaLes B. Raosas sLVar, Ja. J. Psrarca McDenrr Msax L Intr. Ttass L S3Se Ds C.:,,....,...,., Jottx B. Vex at Noara, Ja. 2200 FIBST NATIONAL BANS BUILDING Roeasx E. Wooas Pem M. Gerss Joax J. M°N~rz Rrcasaa G. Mess Roaxx L Hsxstx Mean M. Dsasara McNaa.V SaYa3ooa,Ja. ArmaswC.Beaata SAINT PAUL, MINNESOTA 56101 WtT,•,,.J.Josxrs RevuvA.Beao JE33EY F. Botauar Jeues E. Nazsox Mslussaar S. SevsOE Mealex M.:... Tsasrrce N. pons Jaaoxt A. Gass Batex G. BausLa Naxcr D. Aaxrsox Rrcaeaa H. gxra Srava A. Baexa Taxi Sxeh.,.n.,~ MtcaseL J. McEu.lsrsaec Joalr L.,........ Jots. H. Gorrnsxex TELEPHONE (612) 291-1216 Meat E. Scaeraxas Pem. S. Jecoasgr Roxeru L. S_.......,~.. At.ex H. Msculr Mlcasar. H. Sraesraa Petza H.Saea F. Sasw Joax H. Ltxasraox Sexists. L Sexsox Mer7asw L Ltvtn TELECOPIEB (612) 222-4071 Rressaa D. Axaaasox RoxsLa E Oacasaa Deem G. Gm~......, Ss,,. A. S..,,,.,,.., oa ..-....s . Joax Taoxaa Dexter. M. Cocoal.ex Devta G. McDoxeta J N.,. Moazox 3.:.: Wtxxrca Deem B. Ssxn INCI.IID11TC3 TSE FOHMEB FIRM OF Harrca W. Moors RroassD E. Ens Avaox L.Cc.~.,.~ Josara P.Nceoe Eatc Nrrssox Joax M.Peralsa JoaxR.Esxtnca GaestesR:Hsnroa LEVITY, PALME$, BOWEN, $OTMAN & SHA.EE A...~....~~ R.;..,.......:.s SexozLH.Mosasx Fsexa N.Gasaex A. Le...,.....,:. Deets Casasxca G.Faexa June 19 , 19 8 5 Joax M. suLUVex .VIA MESSENGER Ms. Sylvia K. Bergh City Clerk City of Richfield - City Hall 6700 Portland Avenue Richfield, Minnesota 55423 . David J. Kennedy, Esq. LeFevere, Lefler, Kennedy, O'Brien & Drawz 2000 First Bank Place West Minneapolis., Minnesota 55402 Re: City of Richfield, Minnesota $5,90.0,000 Variable Rate Demand Purchase Commercial Development Revenue Bonds, Series 1984 (Market Plaza Commercial Joint Venture Project) Dear Ms. Bergh and Mr.. Kennedy: Enclosed in connection with the above-referenced matter is a Resolution for adoption at the City`s June 24, 1985 City Council meeting pertaining to extending the Disbursement Date and approving amendments to the Indenture and Loan Agreement in connection with this bond issue. Also enclosed with the Resolution is (i) a draft of the Indenture with all changes made since the December 27, 1984 closing underscored; (ii) a copy of the revised Loan Agreement with all changes made since the December 27, 1984 closing under- scored; and (iii) a Certificate as to Extension of Disbursement Date for execution by the City. I will forward to you the Request for Extension as soon as it has been executed by Market Plaza Commercial Joint Venture Partnership and The .First National Bank of Saint Paul. You will receive this prior to the meeting on Monday. 8200 FIBST NATIONAL BANH B7JILDING 2.100 IDS .,,c.~.nH SAINT PAIII„ MINNESOTA 66301 MINNEAPOLIS, ....u~..SOTA 66408 (018) 893-3213 (832) 339-0661 f~ l~ BRIGGS axn MORGAN Ms. Sylvia K. Bergh David J. Kennedy, Esq. June 19, 1985 Page. Two If you have any questions about the contents of the enclosed Resolution or the changes to the Indenture or Loan Agreement, or about any other mat-ter in connection with this bond issue, please do not hesitate to call. Very truly yours, . l Andrew R. Kintzinger ARK:ljs Enclosures cc: Peter H. Seed, Esq.. Andrew C. Becher, Esq. Terry McNellis Charles A. Parsons, Jr., Esq. E. J. Plesko Roger Derrick Kent E. Richey, Esq. Paul Lotzer Mike Gould David J. Kennedy, Esq. Marcia Hanson Richard D. Anderson, Esq. Tim Sandell (above w/copy of Resolution only) CITY OF RICHFIELD, MINNESOTA ~~D-'/ Office of City Manager Council Letter No. 249 Agenda June 24, 1985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Presentation Regarding Formulation of Enterprise Development Strategy Council Members: Recently, Richfield was selected to participate in a pilot program sponsored by the International City Management Association. A training session was held which was attended by staff and members of the Chamber of Commerce. Attached to this letter is the outline to be used in • formulating a more detailed strategy. Bob Gunderson, past president of the Richfield Chamber of Commerce, and currently • chairperson of the Visions 2004 subcommittee dealing with commercial development, participated in the workshop. He will be attending the June 24th council meeting to discuss the formulation of an enterprise strategy. The purpose at this point in time is to seek city council approval and support for the city staff involvement in this project. It is recommended that the city council approve this resolution. There is no funding request at this time. Respectfully submitted, John G. C tw •ght City Manager JGC/eja RESOLUTION N0. RESOLUTION IN SUPPORT OF LOCAL ENTERPRISE DEVELOPMENT PROJECT WHEREAS, Richfield was selected to participate in a pilot local enterprise development program sponsored by the International City Management Association; and, WHEREAS, the Chamber of Commerce is the lead organization for•the implementation of the Visions 2004 goals which include the goal for commercial development; and, WHEREAS, members of the city staff and representatives of the Richfield Chamber of Commerce attended an ICMA workshop on this program in Washington, D.C. to formulate an action plan; and,. WHEREAS, the goals of this action program are: 1. To redefine the image of Richfield so that the community is more- receptive to change, especially allowing for commercial expansion and changing the land use mix and intensity• 2. To increase the awareness, understanding and recognition of the need for: (a) enhancement of tax base (b) community strengths - (c) prospective new client groups 3. To reach an agreement about what areas are suitable for redevelopment and determine potential of a redevelopment plan. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Richfield does recognize that this project has great significance to the future economic wellbeing of Richfield and does support the City of Richfield~s involvement in this project including financial support, provided that all budgets for the project be submitted to the city council j for review and approval. BE IT FURTHER RESOLVED that the City Council also pledges its continued cooperation and involvement with the Richfield Chamber of Commerce in this endeavor. -2- ~Q Passed by the City Council of the City of Richfield, this 24th day of June, 1985. John Hamilton Mayor - ATTEST: Thomas Ferber City Clerk i / O _ 21,L~.1~ r !+.i.];~~ KKT.HHZ~ESOT.A ~ ACTION PLAN I.' Define aroblem to be adder^sssed by action plan 1. .Redefine "function/iatage" of Richfield. intern=i7y and externally so that: the community is mare receptive to change.. This. needs to be done partim~~=*ly in regards to allowing for cammercial expansion sad for changing the land use mix-and intensity. II. Goals of action plan Z. To increase the aw-areaess, understanding and recognition of the seed for: a. Enhancement.. of Tax 3ase --S.ateraal , b. Coma¢unitp Strengths - Internal/External c. Prospective Hess "client soups" - External III. Defiers vb.iectives to be reached -1. Organize a "fast base" that would explain need for:. improved land use mix and intensity and more new invest:aent. Z. Determine. haw best. to involve citizens/business commuunity. a. This can be accomplished by~creating a tax base that is comprehensible for c~,,,.~,saity. b. Need_ta reach an, agreement-about what areas are suitable for. redevelopment (i.e., Strip ~9~). c. Determine potential of redevelopment plan:. - Draft a plan to specify commercial a~as boundaries for _ e:cpansion ~ - rWY area development plan :=ah-commercial potential d. Nesd to detail. planning (e. g. I.L.L~ is needed.. IV. Define specific strategies to used in imnlementin~ ob.iectives 1. Develop budget., identify dollars and possibly seek external. funding. 2. Work with Planning Commission (sta._~'f has facts that are Headed). . . _ 8. Senior citizens, school districts, others. r . 9. Exte,^na1. Funding. For example, a foundation with similar interests we would have to send proposal. 11. Adm~.nistrative mechanism .how is this going to happen? 12. Get university to do Lichfield's Action Plan as a "case study." PI. List action steps Timetable Task l: Validate problem, define with key May 9 (Vision meeting) groups, get blessing on agenda of calendar; Vision 200; Planning Commission; Chamber; City Coune.i., FT.rZ.S. Task 2: . Estab~iGh Administrative/Coordinate By June 1 groups -Sob's Committee. Supplement with others (need legislation). Task. 3: Determine/Draft Budget Bp 3rd week of May Hruce and pe„^{~ Task 4: Administrative:Group will put together July 1 schedule Action P~'^. . -3- /0-~ 7. Bi11 Schweke Corporation for Enterprise Development 1725 ~ Street, N.W. Suite 1401 Washington, D.C. 20006 (202) 293-7963 8. Paul L. Pryde, Jr. Pryde, Roberts and Company 1275 ~ Street, N.W. • Suite 900 Washington, D.C. 20005 (202) 371-0688 National Resource Persons: James D. Vitarello Industry Specialist Customer and Industry Affairs Division Comptroller of the Currency 490 L'Enfant Plaza, S.W. Washington, D.C.. 20219 (202) 287-4169 James Lowed Community Affairs CDordinator Division of Consumer and Community Affairs Federal Reserve System Washington, D.C. 20551 (202) 452-3378 r -2- CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 248 Agenda June 24, 1985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Public Hearing and Second Reading, Transitory Ordinance Providing For The Disposition of Real Property at 6636 Cedar Avenue and 1825 East 66th Street (Municipal Liquor Store Site) Council Members: The public hearing and second reading of the transitory ordinance for the disposition of the above identified property was first scheduled for the May 13, 1985, City Council meeting. The hearing has been continued for two council meetings. Negotiations are continuing. However, because they have not yet been concluded, it is appropriate at this time to cancel the r hearing and second reading. Once negotiations are completed with the developers, the transitory ordinance process will be started over again. It is recommended that the public hearing and second reading of the transitory ordinance for the sale of city owned property at 66th Street and Cedar Avenue be cancelled. Respectfully submitted, John G. Cartwright City Manager JGC/eja f r . ~ ~f -S ~ TRA:iSITORY ORDI?i?.iICE '~0. - _ A TAA?ISZTORY ORDI`~~NCE PROVIDI`IG OR - THE DSSPOSZTZO~i OF' GcRTAI~~ REAL - - PROPERTY LOOTED AT bb36 _ CEDAR ?'IE'~UE ` - - SOUTK A;iD 1325 EAST 66TH ST:~EET City of`RichfieZd Does Ordain:. _ _ Section 1. Tne faZ?a~ring property af~the City is hereby au- thorized to be saZd or otherwise disposed of: ~ Ci) -Lots 1 through 10T Slack- 1, 'Nexler's addition, accord- - ing to the recorded. prat thereof. C2}: That part of ~ she East 1/2 of the Nort;neast 1/4 of the yartheast 1/~ o£ the Southeast 1/~ of Section 25, _ Township 28 .North, Range 2~4 t West_ of the 4th Principal. Meridian Lying. ;forth a.f the South. X30 meet thereof, and -East of the West 125 feet thereof, according to the '`United: States Goverment Survey thereof and situated in Kenriepin County, t~iinr.esota_ Sect.iaa 2_ S"uch:~ property ^aY ~3er said ar otherwise disposed of by the City pursuant to and irs accordance with a resolutior. adopted. by the City Caunci2 _ . Passed- by~the City Council of the City of Richfield., Mirnesotat this d'ay of ` ~Sahn. N . ianiltan , Mayor ATTEST Tam. c-erber, Gity Glerk CITY OF RICHFIELD MINNESOTA ~ ~ / ° Office of City Manager Council Letter No. 247 Agenda June 24, 1985 The Honorable Mayor and Members of the City Council City of Richfield Subject: Amendment to the PUD Ordinance to Create a Planned Two Family Dwelling District. Council Members: At the June 10, 1985, city council meeting, the council gave first reading to an ordinance amending the zoning ordinance to create a planned two family district. Attached for council consideration is the proposed ordinance • amendment recommended by the Planning Commission and the community development department staff, which creates a planned two family dwelling district. The ordinance amendment adds language to the existing PUD ordinance (Section 3.34A) so that planned two family residential districts (PMR-1) can be created. The ordinance amendment also provides that uses permitted in a PMR-1 two family residential district are those uses permitted in the "R" and "R-1" single family residential districts and the "MR-1" two family residential districts. The density of two family dwellings in a PMR-1 district cannot exceed 10 dwelling units per acre. This is the same density limitation allowed in the existing MR-1 district. All other provisions of the PUD ordinance remain intact and any proposed development would be subject to the applicable provision of the ordinance. It is recommended that the city council conduct a public hearing and give second reading approval to the attached ordinance. Re ectfu y omitted, ~ ohn G. Car wrigh City Manager • JGC/eja 1. Saction 3:34, Subdivision 2, Pararo ann ~ is Winded to read ?.s follows: of Planned Unit ~evelocments; allowed Uses. (a TY~re shall ce ~ ~ siX 1 types of planr:ed ~.rsi t develop~t districts, viz: Pursed Singi~ c2.~is.y Residential (PR) ~Plarred `TM~ra rami_ly Residential (P"^R-1) Planned. Multiple Residential (P!~R) Planned Neigrbortood Comercial (PC-1) - Planned C-~:erai Commercial (_~C-?~ Planned i~^~ustri=l (PI) (b) Uses allowed in a PUD district stall ce as ::allows: Uses allowed in an "R" or "R-1 " district stall ce allowed in a PR district. Uses allowed i.~ an "R", "R-1 " or "MR-1 " district stall t~ allowed • in a P.MR-1 provided t<~'at der~ity of 2 family dwellings stall not e~cczed 10 dwelling ~av.ts ~r acre . j US2S allowed i.t2 a rt~rr ~ rrn'tA-1 rc t rt:~_7n or n~-3" distrl.Ct stall allowed in a P.'~R district.. Uses allowed i+n a "C-1 " district stall ce allowed in a PC-1 . district. ` • Uses allowed in a "C-2" district stall ~ allowed in a PC-? district. Uses allowed ~ an "1'." d~ ~ Zct sta ? 1 ~ allowed 321 3 PI d str i Ct . (C'. ~ U52S ot~1@,r' w~.3I1 t.`~ petal. tJwd 1.L52S, 3s ~ is t.°d aLOV2, 3I'~ allCwed in a r~JD di~~liC.. 'Jr'JVlded ~.e use i5 wt.iCh is auL..OL`i.Z°d .-1 or.s of t.~ ~ ~ six j tyrzs of PUD districts, and orcvidcd *~.rt::er mat suc.~ addi tioral use : anrot ecc~y ire ~:an » ~rcant of ~~:e mss floor area of t:.e PC.JD district. ?assed `.r.i.s day of 1985 by t`~~ City Cour!cil of t.~:e City of R.ic:~,field. Jots :amiZCn, ;`~.ayor 'i:.cmas ~cercer, C;.:er_~s •