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01-08-79 agendaHOUSING AND REDEVELOPI~4ENT AUTHORITY Office of Executive Director HR1~ Letter No . 4 Agenda January 8, 1979 Housing and Redevelopment Authority Commissioners City of Richfield Commissioners: Subject: Relocation of Utility Line Northern States Power Company has a main feeder line located along the property lines between Lyndale and Grand avenues, running from 66th Street to 65th Street. Northern States Power Company has previously agreed to remove that line and extinguish the easement at no cost to the Housing and Redevelopment Authority. However, NSP has recently requested that the Housing and Redevelopment Authority pay for the cost of reconnecting or re-servicing the lines north of 65th Street from a different location. A letter from NSP making this request is attached. It is necessary to abandon the utility easement as soon as possible so that the HRA can deliver clear title to Financial Properties Developer Inc. by March 1, 1979. Therefore, the purpose of this letter is to request HRA authorization to pay NSP $2,290.00 for purposes of re- connecting the utility lines north of 65th Street. Respectfully submitted, ~j, G~~ Wayne S. Burggraaff Executive Director wsB/jkl cc: Planning & Redevelopment Director ~„ .. f: K..~~ NORTH E R N S T AT E 5 P OWE R C O M PAN Y .M~ NORMANDALE DIVISION 5309 WEST 70TH STREET E MINA, MINNESOTA 55435 December 29, 1978 Mr. Dick Krier City of Richfield 6700 Portland Ave. 50. Richfield, MN 55423 `'"' Dear Dick: In a letter dated November 28, 1978 from Mr. Bruce Palmborg of the HRA of Richfield, and in subsequent discussions with you, NSP ha.s been asked to remove the existing overhead lines from the utility easement between Grand Ave. and Lyndale Ave. extending from W. 66th Str. to W. 65th Str. }~ This letter will serve as our intent to remove the above !;F.a. mentioned lines, at no charge to the City of Richfield, and to vacate-the easement, thereby relinquishing any further interest in said easement. However, the existing overhead lines not only serve the cust- omers~presently being relocated, but in fact are the source of service for our customers located North of W. 65th Str. be- tween Pleasant Ave. and Lyndale Ave. By relinquishing our rights within the above mentioned ease- ment, NSP must provide another source of power for those cust- omers. The cost to provide that other source is $2,290.00. Because the request to vacate is being made by the City of Richfield, and because it is unfair that the cost should be born by our other customers,it is felt that the cost to provide that other source should be accepted by the city. We there- fore request that contracts be executed between the city and NSP to cover said cost. Once the contracts have been executed, NSP will begain the work to remove the lines in question as expeditiously as possible. I hope this letter explains NSP's position on this matter. Please contact me if any questions develop. Sincerely yours, Stuart Fraser Staff Assistant ~..~ .. 1~~~~~=_'', .J , ,. ~~.+~J HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 3 Agenda January 8, 1979 Housing and Redevelopment Authority Commissioners City of Richf field Dear Commissioners: Subject: Purchase of Property at 7104 2nd Avenue New Home Program On December 26, 1978 the HRA authorized the staff to nego- tiate for purchase of the property located at 7104 2nd Avenue. The HRA also established just compensation for this property ir.~. the amount of $22,$00. The property at 7104 2nd Avenue will be acquired and resold by the HRA through the New Home Program. The current property owner, Ms. Elizabeth Kruger, has agreed to sell the property for $23,500. As part of this agreement, Ms. Kruger will be responsible for paying the unpaid special assess- ments and delinquent water bills in the amount of $638.43. All real estate taxes for 1978 have previously been paid. An appriasal by O. J. Janski in November, 1978 established a fair market value of $26,000 for this property. An appraisal con- ducted in December by Mr. Donald Hennessy established the value of $22,800 which was set by the HRA as just compensation. Although the agreement negotiated with Ms. Kruger provides for the purchase of the property for $700 more than the just compensation,. the purchase price of $23,500 falls well within the range of market values estab- lished by the two appraisals which were done. Therefore, it is recommended that the HRA adopt the attached resolution, authorizing purchase of the property at 7104 2nd Avenue in the amount of $23,500 under the New Home Program. Respectfully submitted, ~.~~ Wayne S. Burggraaff Executive Director WSB/eja cc: Planning and Redevelopment Director Finance Director RESOLUTIO~~ AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7104 SECO:~TD AVENUE SOUTH ~;` ; ~UHEREAS, the Housing and Redevelopment authority of Richfield (HRA) proposes to purchase certain real property pursuant to and in furtherance of the ?1ew Home Program, heretofore being described as Lot 2, Block 2, ?Vooddale Second Addition, Hennepin County, '4N, 7104 Second Avenue South; and WHEREAS, the HRA has caused appraisals of the subject pro_r_erty to be made and has carefully considered such appraisals; and jUHEREAS, the HRA is authorized by ',iinnesota Statutes, Section 462.445 to purchase real property; and ~ti'HEREAS, the HRA has instructed the Executive Director to commence negotiations for the purchase of the real property described above; ~UHEREAS, the negotiations for the real property described in the above agreement have resulted in the execution of a purchase agreement by the owner; NOLY,,THEREFORE,.BE IT RESOLVED by the Housing and Redevelopment Authority that the Executive Director is authorized to execute the purchase agreement and to purchase the above-described property for $23,500. Passed by the Housing and Redevelopr?ment Authority of the City of Richfield this day of ATTEST: Loren L. Law Chairman Ivan Ludeman Secretary HOUSING AND RECEVELOPMENT AUTHORITY Office of Executive Director HRP; Letter No . 2 Agenda January 8, 1979 Housing and Redevelopment Authority Commissioners City of Richfield Commissioners: Subject: Election of Housing and Redevelopment Authority Officers The by-laws for the Richfield Housing and Redevelopment Authority provide that the annual meeting of the authority be held on the second Monday in January. The by-laws require that the Chairman, Vice-Chairman and Secretary be elected at the annual meeting of the HRA. ~ ' ~ ~: The officers for 1 97~ h~a~re be^~1t: Chairman - r~e~ Law, Vice-Chairman - r_~~.~er and Secretary - Cecil M n. The officers fo1=~76 •and=W1~97~-~-~arere:~~-°~3~i - May~r~ T.~.~T~, t~-_Chairman~ - .Cpl,-~~~~--~c~~°°a=n~"S~cre~ar - Cc~tnc.iember _.Anderson . It will be necessary for the commissioners to hold an election and elect these three officers for 19~~, This is the only special item of business required at the annual meeting and except for this item, the HRA meeting can be conducted as if it were a regular meeting of the Authority. Respectfully submitted, ~~~ ~' " _ Wayne S. Burggraaff ' Executive Director WSB/jkl cc: City Clerk HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 1 Agenda January 8, 1979 Housing and Redevelopment Authority Commissioners City of Richfield Commissioners: Subject: Designation of Official Depository Attached to this HRA letter is a resolution naming Summit State Bank of Richfield as the official depository for the Housing and Redevelopment Authority of Richfield for the year 1979. Summit State Bank is pledging collateral in the amount of $400,000. The city will continue to use this depository in the same manner as in the past year. In addition to this collateral pledge, HRA funds are also protected by the Federal Deposit Insurance Corporation in the amount of $100,000. It is recommended that the HRA adopt the attached resolution. Respectfully sub.'tted, ~• ~~~~- Wayne S. Burggraaff r Executive Director WSB/eja cc: Finance Director