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06-01-83 agendaM CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 187 Agenda June 1, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: 1983 Jobs Bill Appropriation to the Urban Hennepin County Community Development Block Grant Program At the May 23, 1983 city council meeting, a special council meeting was scheduled for June 1, 1983 to finalize proposals to be submitted for the 1983 Jobs Bill appropriation. -Subsequent to the last council meeting the staff has received the draft re- view criteria that were prepared by the ad hoc citizen's advisory committee which will guide their review of all requests for the Jobs Bill-CDBG appropriations. Some of the questions raised at the council meeting have been answered as of this time and others are still awaiting response from Hennepin County. Attached please find a proposed application in the amount of $200,000 for the establishment of an economic development revolv- ing loan fund. If funded, this project would establish a citywide revolving loan fund which could be used to assist both new con- struction and rehabilitation for commercial and industrial proper- ties. This program would result in additional local employment opportunities and the retention of jobs within the community. The staff will make a presentation on this application as well as responding to council questions on the training of a day care worker, the home repair program, and the summer bicycle safety program at the special meeting scheduled for June 1. This meeting will be initiated after the activities of the Board of Review have been completed. Respectfully submitted, Karl Nollenberger City Manager KN/ej a - REVIEW CRITERIA/PRIORITIES 1983 JOBS BILL ADDITIONAL APPROPRIATION URBAN HENNEPIN COUNTY CDBG PROGRAM 0 ? ?1L The following criteria and priority considerations have been established by the ad hoc Citizens Advisory Committee to guide their review of requests from Urban Hennepin County program participants for the use of the additional CDBG appropriations from the 1983 Jobs Bill. In order for Project Proposals to be accepted for funding consideration they must: 1, be complete and include a detailed budget and explanation of the proposed activity 2, be carefully and realistically scheduled relative to activity initiation and completion with major milestones identified 3, be eligible and fundable under the Urban Hennepin County Statement of Objectives for the Jobs Bill and the regular CDBG regulations 4. be endorsed and submitted.by an Urban Hennepin County participant subgrantee • S. utilize any existing CDBG funds (exempting Year IX) in contingency accounts and balances in completed or dead projects in conjunction with the ,Jobs Bill appropriation 6. demonstrate that the activity benefits the citizens of Urban Hennepin County as constituted for the CDBG program 7. demonstrate that activities will benefit to low and moderate income persons To the extent possible and practicable, Project Proposals should: 1. provide for the completion of existing activities which are waiting implementation because of lack of funding 2. address a need for funding which is not already fully budgeted for from other local resources including CDBG monies 3. represent a rather substantial effort both in terms of funding and benefit 4. utilize other sources of public and/or private funding in combination with Jobs Bill money • S. enjoy a high degree of local support and commitment from the sponsor and others who may be integral to implementation 6. create employment opportunities accessible to low and moderate income persons 1 ?r PROJECT PROPOSAL ' FORM 1983 JOBS BILL ADDITIONAL APPROPRIATION URBAN HENNEPIN COUNTY CDBG PROGRAM '•=?r. °' THIS SECTION WILL BE COMPLETED BY HENNEPIN COUNT'(= r .R Status: / . _ :.. . status Environmentai Review Specia ist 4rat Project Number: / number r nand a i Manager r gate Project -Eligibility. / ,. citat1an representative dare Please complete the form as carefully as possible and use additional'th elits as'you wish for clarification and expansion. A. GENERAL INFORMATION, 1. Community- Richfield, Minnesota 2. Project Name: Economic Development Fund • 3. Contact Person: Rick Jopke B. PROJECT DATA I. Location: Census Tract/s City Wide X Street Address (Attach map, if app icab e 2. Description Describe the project and all necessary component activities. Be as detailed as possible. Funds requested $200,000 These monies would be utilized to establish a city-wide revolving loan fund. Non-residential projects of new con- struction or rehabilitation would be assisted. The developer would have to demonstrate that the project would result in additional employment opportunities or the retention of jobs within the community. The funds would be utilized in tandem with financing,pr?ovided: by private sector lenders. The financial analysis o the developer undertaken by the lender would be used as a basis for determining credit worthiness. The city would assume a mortgage position subordinate to that of the private lenders. _ ?. a411 these funds complete funding/iTOlementation of a prevdusly funded activity: es X __ y na.. ` yes,lease indicate. CDBG Year %nded Proj ec t Numner 4. Identify the local objective that the project is irttanded to meet and explain how the project will make substantial i mprovement;, The objective to be achieved is that of maintaining and improving the economic vitality of th e community by providing affordable financing for physical im ro p vements which also results in main- taining and expanding the employment base. At the present time, the city has at least two vacant and/or underutilized commerci l a structures. There also are three identifiable commercial developers who are interested i n con- structing commercial buildings, but have been unable to proceed because of difficult in f y ormulating feasible financing. Each of these properties and proposals would be evaluated to determin e the impact a low interest loan would have on the improvement of the property and the jobs to be added or retained . 5. State the accomplishments the project is meant to achieve in a quantifiable manner. (For exam le p : twenty jobs will be created through the rehabilitation of a factarf to perm t XYZ Compan to i • y ncrease production. ) The objective would be to provide increased employment oppor- tunities, retain jobs already within th i e c ty and reduce blight. This would be accomplished by providing assistance for the c - on struction of new buildings or the renovation and/or expansion or retrofitting of existing buildings. The objective to be strived for would be one job for every 500 square feet of gross land area. A probable range of jobs which could be creat d e would be 14 to 42. In a report compiled by the Metropolitan Council, the.City of Richfield received nine points out of a possible fourteen points in determination of need for commercial-industrial investment/ (next 5- Implementation Schedule. (:his must be carefully t r p a9E project. Jobs 3111 timelines and processes call for '_ined far the proposed ?. c.,ma i e*_i on or orocranmed activities by 7/1/8-9.) a. Specify projected star-Inc gate. b . Sceci fy proj ec tad Completion date. C. '-Itarnedi ate .mil estones . The loan program would be actively initiated in August, 1983 • such that by September 1, 1984 the monies would be committed. Projects would be completed by July 1, 1985. ?undabili+v . - i ni s ?ro3ect wi i i : i C„eck ore and provide re,.uest_e? ir:- - .3r'?3tion Principally benefit low and moderata income p?rsar5 State any special cansiderations you have give:h -o `benefit low -and moderate-income persons, the number of persons directly benefiting, and how they will benefit. X _ Prevention or elimination of slums and blight Describe the blight and indicate whether the municipal government has officially designated the area as blighted or when it plans to do so. The funds would be utilized on a city-wide scattered site basis. The city has an established redevelopment project and there may be development opportunities within this area and within and without the project area. Outside, the City Council would be • requested to make a finding that a property was blighted before the loan funds were made available. Meet a Particular Urgent Need Describe the nature of the need and the time . at. which f,,.- originated. 3• plain how the crocosed activity will supoor- the Statement of Ob j ec t7 ves for the Jobs 1?e Ur-)an Hennep! n County "Statement a the Jobs 3i11 cbja ';1 aDOropria?;on, particslariy as _c _i ves to provide productive emp 10 4 jobless Americans; hasten or i ni ti ata f` r 1 Ymen ` or lion; and provide ? humanitarian assi stance to tte undege.r7t. is and construc- This proposal for use of Jobs Sill funds will support the objectives. Richfield is a community which ranks high within tam metropolitan area in need for commercial-industrial reinvestment. • This need is evidenced by the existence of blighted structures in the community. It is proposed that these funds be utilized on a 6 _ °. Budget Using the following budget ?roes; Please list the amount.budgeted for each component of the project. a. Acquisition of Real Property a. S b. Senior Centers b S c- Parks and Playgrounds Development . c; S,.. d- Street improvements/Sidewalks d. S e. Water and Sewer e• e S- f. Clearance Activities S g. Relocation Assistance h. Removal of Architectural Barriers h S- i. j. Rehabilitation of Private Property Rehabilitation of Public Residential . 1. S See m. below Structures k. Administration (project costs only) j. k S S 1, Public Service . 1 $ M. Other - please explain . M. S 200 j 000 TOTAL BUDGET S 200 , 000 The cost of administering a funded project is to be shown in the project • budget on line 'T'. Explanation of m. above The monies would be utilized to provide a low cost loan for economic development. It could be used for new construction or rehabilitation (i. above). All of the monies made available from the Jobs Bill allocation would be utilized for loans.. The city has a budget to support staff who are involved in economic development activities. Credit eligibility and servicing of the loan would be adminis- tered by the private lender,as loans would be provided from this fund only in tandem with private financing. UHC 5-®-a3 RESOLUTION NO. RESOLUTION AUTHORIZING APPLICATION FOR FUNDS AVAILABLE FROM THE 1983 JOBS BILL ADDITIONAL COMMUNITY DEVELOPMENT BLOCK GRANT APPROPRIATION WHEREAS, the City of Richfield, Minnesota has executed a Joint Cooperation Agreement with Hennepin County establishing participation in the Urban Hennepin County Community Development Block Grant Program; and WHEREAS, Urban Hennepin County is entitled to receive $1,051,000 from the 1983 Jobs Bill Additional Community Development Block Grant Appropriation; and WHEREAS, the city has developed a proposal for the use of 1983 Jobs Bill funds; and WHEREAS, the proposal for use of 1983 Jobs Bill funds has been developed consistent with the 1983 Jobs Bill Statement of Objectives and the Housing Community Development Act of 1974, as amended; NOW THEREFORE, BE IT RESOLVED, that the City Council of the • City of Richfield, Minnesota authorizes submittal of a request for funding for the following project/s: Economic Development Fund - $200,000; Fix and Paint Program - $27,000 to the Urban Hennepin County Ad Hoc Citizen Advisory Committee for consideration for inclusion in their funding recommendations to the Hennepin County Board of Commissioners: Passed by the City Council of Richfield, Minnesota this day of , 1983 John Hamilton, Mayor ATTEST: Sylvia K. Bergh, City Clerk 9 - CITY OF RICHFIELD, MINNESOTA Office of City Manager Council Letter No. 186 Agenda June 1, 1983 The Honorable Mayor and Members of the City Council City of Richfield Council Members: Subject: June 1, 1983 Board of Review Meeting The 1983 Richfield Board of Review is scheduled for Wednes- day evening, June 1, 1983 at 7:00 p.m. in the council chambers at city hall. As provided by city charter, the Board consists of city council members, and two residents appointed by the city man- ager with confirmation by the city council. Mr. Lawrence Emond and Mr. John Janski were appointed recently to serve on the 1983 Board of Review. . The duties and responsibilities of the Board of Review are established by state law as outlined in the attached section of Minnesota Statutes. In general, it is the Board's responsibility to hear appeals by property owners of the Estimated Market.Value established by the city assessor, and to decide if and by what amount, the estimated market value should be adjusted. • All property in the City of Richfield has had an estimated market value established as of January 1, 1983. Overall, resi- dential property values increased by approximately 1% over 1982 values. Properties which were physically reappraised received re- ductions and increases, with no overall trend. Properties which were not physically reappraised received a statistical adjustment based on sales information. On average, this adjustment resulted in market value increases in the range of $800 - $1100per parcel. The Richfield property assessment has, for the second year, been conducted through a contract with Hennepin County which is supervised by the Administrative Services Department. City staff closely monitors the conduct of the local assessment, as it remains a direct responsibility of the City of Richfield. For 1983, statis- tical measures show an excellent level of assessment, in terms of the assessments of comparable cities, as well as statutory require- ments. Particularly with regard to the equality of assessment among similar properties, Richfield has performed better than many other cities. In late April, property valuation notices were mailed to each property owner, indicating the 1983 estimated market value. The notices requested property owners to contact the city assessor's 0- Council Letter No. 186 -2- June 1, 1983 regarding any questions, or to schedule an appearance before the Board of Review. About 50 inquiries have been received to date (substantially less than last year) and several resulted in ad- justments by the city assessor. Attached is a list of four prop- erty owners who have requested appearances with the Board. Also attached for informational purposes are: 1. A list of average selling prices for various types of residential property; 2. A list of repeat sales which have occurred within the last 1-2 years and which provide an idea of the increase in property values demonstrated in the housing market. 0 Any adjustments made by the Richfield Board of Reciew will be recorded on the property assessment rolls. After appearing at the Local Board, property owners may subsequently appeal to the Hennepin County Board of Review, then the State Board of Review and/or the State Tax Court. Respectfully submitted, Karl Nollenberger City Manager KN/eja cc: Administrative Services Director City Assessor 0 0- 0 Name Richard Ziemer Edward Calvin Dr. Wm. Renneke Garfield Hoversten CITY OF RICHFIELD BOARD OF REVIEW June 1, 1983 Address 6400 Vincent Avenue 7038 James Avenue 7533 Sheridan Avenue 7000 Cedar Avenue (25 unit apt. bldg.) Property ID Number 29-13-0065 33-21-0038 32-41-0050 35-11-0009 • AVERAGE SELLING PRICE _ 1982 for 1983 1 Story with Bsmt. Ground Average Ground Average Floor Average Price Floor Average Price Area Price per Sq. Ft. Area Price per Sq. Ft. 1100 (40) $ 75,500 $69 550 (3) $49,900 $91 1200 (24) 78,400 65 700 (10) 60,000 86 1300 ( 7) 81,000 62 800 (30) 65,000 81 1400 ( 2) 85,700 61 900 (38) 69,600 77 1800 ( 3) 102,000 57 1000 (28) 73,100 73 600 (4) 700 (9) 800 (4) goo (4) 700 (3) 800 (4) 1100 (1) 1'i Story with Bsmt. 1000 (12) $77,500 $77 55,400 92 1100 ( 6) 84,500 77 61,300 88 1200 ( 3) 80,000 67 67,000 84 1300 ( 1) 71,500 79 93,000 70 11 Story with Bsmt. 900 (3) 70,000 78 62,000 90 1000 (3) 77,000 80 68,300 85 1100 (2) 90,200 8o Split Level - Split Entry 1350 (1) 97,600 72 84,900 76 V Story - No Bsmt. 600 (2) 800 (4) 900 (2) 49,000 87 1100 (1) 68,900 61 56,800 71 62,400 69 ' 1400 (2) 70,700 50 40 REPEAT SALES One Year 1st F1. Sale Sale Amount % per Address Type Area Date Amount Date Amount Increase %/## Mo. Month 030 N A 1 6 9 v ewton SB 111 3/80 $60,000 11/81 $68,000 $ 8,000 13/20 .65 6517 Logan Av 1z,?SB 895 7/80 64,500 9/81 76,900 12,400 19/14 1.36 7226 Chicago 1SB 1180 11/80 82,900 9/81 87,000 4,100 5/10 .5 7644 Nicollet 17;SB 816 11/80 57,112 4/82 63,000 5,888 10/17 .58 7409 Vincent 1SB 816 1/81 59,000 9/81 67,500 8,500 14/9 1.55 6836 Upton 1SB 816 3/81 64,000 6/82 70,000 6,000 9/15 .6 6529 Logan 14SB 1243 4/81 86,500 4/82 99,900 13,400 15/12 1.25 6633 10th Av 1?SB 852 5/81 69,500 4/82 71,000 1,100 1.5/11 .14 7627 Vincent 1SB 1132 7/81 73,000 7/82 78,500 5,500 7/12 .58 2513 W. 66th 14SB 982 8/81 63,000 8/82 71,900 8,900 14/12 1.17 1115 Woodlake LnCondo 8/81 72,653 8/82 79,500 6,847 9/12 .75 1812 W. 66th 1-SB 1020 10/81 78,000 9/82 80,000 2,000 2.5/11 .23 REPEAT SALES Two Years 1st F1. Sale Sale Amount % per Address Type Area Date Amount Date Amount increase %/## Mo. Month 7145 Clinton Av 1-kSB 1037 7/79 $64,000 11/81 $78,500 14,500 23/28 .82 6812 Upton 1SB 816 1/80 55,200 7/82 62,000 6,800 12/31 .39 9 W. 10th 1SB 874 2/80 64,500 2/82 77,500 13,000 20/24 .83 3 Upton 1SB 816 2/80 54,500 6/82 65,000 10,500 19/28 .68 7438 Stevens 1-f1SB 936 3/80 53,675 6/82 70,000 16',325 30/27 1.1 6431 Logan 1zSB 832 4/80 69,500 11/81 79,000 9,500 14/19 .74 7129 1st Av. 1SB 672 5/80 50,500 2/82 56,000 5,500 11/21 .52 7400 Thomas Av 1SB 884 6/80 55,600 1/82 65,900 10,300 19/19 1. 6330 Irving 1SB 780 6/80 58,000 4/82 69,800 11,800 20/22 .9 6920 Pleasant 1SB 940 6/80 66,000 4/82 80,000 14,000 21/22 .95 7520 Bryant 1SN6 548 7/80 47,000 9/82 51,900 4,900 10/26 .38 6945 12th Av 1SB 1173 7/80 67,200 7/82 72,250 5,050 7/24 .29 7532 Park 1TSB 816 8/80 71,500 4/82 76,125 4,625 6/8 .75 6321 Vincent 1SB 1122 9/80 64,000 1/82 72,000 8,000 13/16 .8 2915 W. 76th 1SB 1176 9/80 67,000 8/82 75,000 8,000 12/11 1.09 6444 Washburn 1SB 1056 11/80 70,000 8/82 74,000 4,000 6/22 .27 7245 Oliver Av 11SB 912 11/80 75,900 5/82 79,500 3,600 5/18 .3 7639 Emerson 1SB 912 12/80 69,900 9/82 71,700 1,800 2.5/21 .12 7044 Elliot 1SB 940 1/81 69,900 8/82 76,000 6,100 9/20 .45 6333 Standish 1SB 998 1/81 49,331 8/82 52,976 3,645 7/20 .35