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02-16-82 agendaHOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director Housing and Redevelopment Authority Commissioners ~ City of Richfield ~; .~ '~ ~. Commissioners: C\ HRA Letter No. 10 Agenda February 16, 1982 (1 c_{ ~.~_.ti.el ~C Subject: Metropolitan Council Policy 39 At the January HRA Meeting, during a discussion on residential preference for housing programs, the HRA indicated a desire for additional information on the Metropolitan Council's Policy 39. It was indicated to the HRA that the city could gain advantages d ~;~ under Policy 39 if we refrained from adopting a Richfield resident preference system. The following information is presented to inform the HRA more fully on Policy 39. .. ~~ c. Since 1971, the Metropolitan Council has used its statistics}}y imposed plan review responsibilities for all grant applications involving state or federal funds to reward communities which plan for and provide low and moderate income housing opportunities. The council has done so based on Policy 39 of the Housing chapter, Metropolitan Development Guide. Folicy 39 established funding priorities based upon each community's lower cost housing oppor- tunities, and its plans, policies and programs to provide such housing in the future. Communities are ranked based on criteria which measure local housing performance. The ranking is then applied when applications from local governments are submitted for state or federal funds. Grants for transportation, criminal justice, parks and open space, and aging can be ranked and awarded based in part on the Policy 39 ranking. Richfield presently ranks 7th out of the 190 communities in the metropolitan area on its housing efforts as measured by Policy 39. The city of St. Paul ranks first, followed by Minnea- polis,Rosemount, Coon Rapids, Hopkins, Shakopee, and Richfield. Twenty-five criteria are utilized to evaluate housing programs and establish the ranking. A copy of the ranking data used by the Metropolitan Council is attached. Richfield can maintain its ranking by: - continuing to receive proposals from developers for subsidized housing; -~,,. ,t - building more attached forms of housing (townhouses, condominiums) each year as has been done with the Duraps Ltd., Coach Homes of Richfield and the Knutson Lake Shore Drive condominium, project; Of course, maintaining our ranking assumes that the other 189 munities do not increase their ranking through improved housing formance. Richfield can improve its ranking by: - increasing the stock of owner-occupied housing affordable to low, moderate and modest income persons; - increasing, t)he stock of affordable rental housing; - ~_. - adopting ordinances and authorizing resolutions that either directly assist the development of housing affordable to low and moderate persons (waiving of permit fees and zoning changes) or "promote inter-jurisdictional mobility" (no residency preference policy); - removing ordinance requirements for minimum unit sizes in multi-family housing; and - adopting an ordinance permitting the creation or expansion of mobile home parks. Richfield's ranking is important for receiving grant monies park and open space development. When the city applies for her a federal Land and Water Conversation Act (LAWCON) grant a State of Minnesota Legislative Commission on Minnesota ources (LCMR) grant, the Metropolitan Council will consider icy 39 when processing the application. In evaluating a LAWCON LCMR grant request, one-third of the ranking evaluation is ed on a community's rank with Policy :i9. Because Richfield performed well in housing, we have ranked high in application luations for park and open space grant monies. The city has eived LAWCON and LCMR grants totalling $143,750 for the elopment of D7onroe Fairwood Park and $166,000 for the develop- t of Adams Hill Park. An LCMR grant was also responsible for rovements at Sheridan Park, the Woodlake Nature Center board k, and the Taft Park fishing dock. Since these grants can er as much as 75 percent of project costs, they have been nificant in reducing the amount of local funds for park devel- ent. Repayment of these grant funds is not required. Respectfully submitted, Karl Nollenberger Executive Director sh /'~ .r POLICY 39 HOUSIr;G PERFORr~IANCE SCORES (11-10-f31) Community Points Community Points St. Paul 82.0 Falcon Heigi~ts 43.5 Minneapolis f31,5 rlound 42,5 ' Rosemount 77_.5 New Brighton 42.0 Coon Rapids 69.0 Roseville 41,5 Hopkins 67.0 4Jayzata 41,5 Shakopee 66.5 Apple Valley 41.5 Richfield .64.5 Burnsville 41.0 Eden Prairie 62.5 Lexington 41.0 Eaqan 62.5 Cottage Grove 40.0 Stillwater 62.0 Champlin 39.5 Chaska 52.0 Inver Grove Heights 39.0 Oakdale 59,5 !•Jillernie 3B.5 Anoka 5q.5 !•;hite .Bear lake 37.5 Fridley .57.5 Excelsior -37-5. ~'~•5 North St. Paul 57,5 Loretto 37.0 Blaine 57.5 fhanhassen 37.0 Prior Lake 57,E St. Anthony 35.5 Forest Lake 57.0 Nillton 35.0 South St. Paul 57.(1 Cologne 34,5. Robbinsdale 55.5 t•?endota -34.5. Pl•yrnouth 55.E St. Pa~rl Park 34,5 Brooklyn Center 54. , Arden 11i 11S 34.5 Hastings 51.0 Little Canada 34.0 Belle Plaine. 54.0 Carver 3n.0 Maplewood 53.5 t•layer 3.1.0 St, Louis Park 53.5 Centerville 34.(1 Harnhurg X3.0 !dh i to Gear Lake T•,~p. 33, 5 Bloomington 52.5 Louisville Tv~p. 33.E t•'aple Grove 52.5 Crystal 33,0 r~ew Hope 52.0 Lino La~:es 32.5 Oak Park Heights 52.:1 !•'oodhury 32.0 Vadnais Heights 50.0 Orono 31.5 Lona Lake SO.q "ounds ,'ie•;: ~:-~-- ZB•5 St. Francis 50.0 nayport 31.5 Farmington -^~}-:~ 5 ~.O !_aucier-+.ale 30.5 t~or-•rood •'~~.~ tleepha:•c~n 30.O Co 1 u^rb i a He i qh is 19.0 Shore•,rcod 30.0 Jordan '•~.~ East ?ethel ,'.9,5 tt~'.•rport. "?.!1 Shore:-i~•~;r ?_9.5 St. Rnnifaeius •~~' ~ :'•'irnetriSta 29.01 b;aconia %~7.'1 ';c~+.' G~~r..rang 2.5 1•:~St St. P~u1 •'?.rl S3va:n -~=~:-0--~ `?r~.O t '! La~e':1 ~ 27.5 Brc~klyn Park ~!~.~r ;il.~~:~~1~- T~•~n. 27.5 Edina ,1F,.~~ Circ'f~ ~ in~~s .'.6.~ ;•'inneton;a ~`~.'~ Gem t. ,:~.~~ .'.S.O ~;~:h[c•nedi ~`~.'1 Osseo ZS.t) Gnlrlen Valley ~1.~+ Lake Elr.o 24.~~ Young r~:,r,e,-io,-r 1:+,r1 Lin;~ca,l T•,•,p. ?a.S H Community Points Community Points Coates ?_3.5 Marshan Tvrp. 16.0 Mew Scandia Tvrp. 23.5 St. Marys Point 16.0 Spring Lake Twp. ?_3.0 Hampton 1.5.5 Spring Park 2?_.5 Greenfield 15.5 Randolph Twp. 2?_.5 Lakeland 15.5 St. Lawrence Tvrp. 22.5 Young America Twp. 15.5 Ho ~ lyarood Tarp. ?2.0 Credit River T+•rp. 15.5 Belle Plaine T+•rp. 21.5 Burns Tv;p. 15.0 Andover 21.5 Sc i ota T+•rp . 15.5 Tonka Bay ?.1.5 Hampton Twp. 14.5 Spring Lake Park ?_1..5 Afton 14.5 Birchvrood 21.0 Sand Creek Twp. 14.5 Randolph ?_1 .0 Douglas Twp. 14.5 Helena Twp. 21.0 Dahlgren Twp. 14.0 Forest Lake Tarp. 20.5 Laketoa,n T+vp. 14.0 Lake St. Croix Beech 20.5 tdininc~er Tarp. 14.0 New Market 20.5 i•tedina 14.0 Ramsey 20.5 Hassan Twp. 13.5 Rogers 20.0 Vermillion Twp. 13.5 -Cedar Lake Twp. 20.0 Hancock Tarp. 13.5 Bethel 20.0 Columbus Twp. 12.5 Independence 19.5 Rockford 1?_.5 Hugo ] Q . 5 4Jood 1 anc~ 12.5 Empire Twp. 19.0 Ptarine-nn-St. Croix 12.5 Watertown Twp, 1Q.0 Oak Grove T+vp. 12.0 Dayton 113:5 San Francisco Twp. 12.0 Vermillion 1£3.0 t•tay T~::p: 11.5 Green;•rood ] 6.0 Landf ~~ 1 1 11.5 Grey Cloud Island Twp. 113.0 t'endota Heights 11.0 Jaconia T+•ro. l:?.0 Hanover 10.5 Eureka Tarp. 1;3.0 t•tinnetc;nka Qeach 10.0 Chaska Twp. 1f3.0 Victoria 10.0 Castle Pock Ta:p. 17. ~ Camden T+vp. 9.5 Maple Plain X7.5 1'edicine La~:e g.5 ',Jaterford Twp. 17.5 Ravenna T~.rp. 9.5 Corc's~ran ?7.5 Lakeland Shores 9.~ tye+v Trier x.7.5 '•~iesvi I le 7.5 `Jew J•?arket T+•m. 17.5 Denrr~r{ T•,:o. 7.0 Lilyd~~le 17.0 f.,rznt T..n. 7.0 Greenvale Tvrp. 17.0 Pine Springs 6.`~ Sti 11+•rater Twp. 17.0 Del l•::ocd 5.0 Jam Lake TwD. 17.0 ilorti~ oafs ~1.`% Jackson Tarp. 15.5 ~.est Lai:eland T;•rp. 3.5 Elko 1%,.~J i3enton T~;:n. 3.5 Bayto+vn T+•rr. 1h.0 Sunfi,r+ La~:~ 2.5 L"? 7 C~,~ CT l1T .L W N 1-• t: X ~ T b V+ r r A:~r-coo :;~ o3rra~ o •9 . o . 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'-. 1 rrn 1 L7 ~,, 1 1 C, I m N N N N 1 V+ O O O U L -. ~^ t.+ r J .-- o -o "' `^ -. ~^ r~. ~ . - ~ C .-. tyrZr'~r~ ~7 H 11 ~ :1 r .... r .-. r- .-. r 1 n •1 ~ 1 ti 1 C .J .-. ..-. 1 •.~ __r_3r:_ r3 r't-...~. ~.....~. 1 r I 1JnG~N-C `_ O 17 ~Ar, (r~ I o Gl '7 ti .-...° 1 Q rn rn m .-• .-• + -• .-. ~. I f', r•7 1 :~ V, t,~ I Z 1 (7 I T N NNrJ t N r •0 000 1~) U CJ AJ iU 3J U C'J O 3 C H -~ '( C_ V1 H O T n :o O 3 n rn n ?J --1 n m 0 N ~~ #~ ~~r; gy`p' WL j>3< r ~,~ GUIDELINES FOR PRIORITY FUNDING FOR HOUSING PERFORMAPICE POLICY 39 EVALUATION CRITERIA The following are the factors which the Metropolitan Council uses to evaluate a community's housing performance. The relative weight of each factor is indicated. AFFORDABLE A;ID DIVERSE HOUSI;IG Points 0 to 5* 1. Low- and Moderate-Income Homeownership '?nits - Municipalities are ranked according to the 1 percentage of their total homesteaded hcusing units in 1980 `•aY:ich are affordable to low= and moderate-income persons based or. 1980 mar',cet value data cocapiled by the county. The percentage of mobile homes is added to arrive at a total percentage. . 0 to 5'~ 2. Loca- ar.d `".oder3te-Incor-e Rental Units - a Municipalities are ranked according to the percentas~e of their total rental hous ir~~, in a price range affordable to low- and mod~rate- income persons based on the. most current census data. The percentage of subsea^:?rd rental units is subtracted to arrive a~ a total percentas~e. (For example - units renting fcr S1~? or less, 1970 census.) 0 ~0 5* 3. Subs~~~°e~' '-'.cusi^.~ Un_ts - ^ V ~ ~ ~ ;"un_^,pa~~~~es are• rar.xed acc.,rd_.^." o ."e ~ oercentag° o.' .,'.•:elr total house nq s~oc'~ vha~ is co~apr ised of subs id `_zed ..^ : is cor.str~~c ted , h tee' or apprcved b_r t::e `~.r.dirg pure used, ass_s age..^.cies for constr`.:ction, purchase or assistance in the ccr-~+Jn-t'% for lof.~- ar.d T d rat _^ccmA perscr.s. (-^c_udes c;-~~ _ow rent oub'__c ':ous_^,g r°^t supp_eme.^.t pr erects, g d ;,,^_ts Sect_cr. 2?5, %.7 a.,d Section ass'_s~e ` _'.~ 1 -~~ '~e _ :l:_":3:~~{or ^Pr ., pr7 ~?~t3, 3••r± ~.: :::S ~:..^.a7Ce'~ •" .SS::AC~ ~.v ;'-~o .'3. ^PrS ;;,~^.;? C ~~~ ^ll _ i~"3' cn ~ ~{~~ oo n g I `I- 1 . ~ ~~ni ~.~ l ~ a,~ ~~ 1 Points 0 to t0* 4. Allocation Plan Achievement - ~ Municipalities are awarded points based on •~ the percentage of the 1980-1983 Subsidized -.Housing Allocation Plan's~* family ar.d large family foals which the communities have achieved- as follows: 58.0~.,~,~r~+~.r- ~~~~ 100+ - 10 points 50-59~ - 5 points ~1 a ~~-...T~ ~ 90-99 a - 9 ~t0-49 a - a 80-89 0 - 8 30_?0_.- 3 - 70-79 e - 7 20-29 ~ - 60-69~ - 6 1-190 - 1 I Municipalities not allocated individual numerical goals in the 1980-1983 plan but providing subsidized housing opportunities during the period of this plan through the allocation to the "balance of-the Metropoiitar. Area" receive a point for each family or large family unit achieved up tc 10 points. 5 O 5. Fa~~ ilv Subsidized Housinsz Achieve^~e^t - Municipalities in which two per^ent or more of - the total housing'stoc;c is lcw-wand ;aoderate- income subsidized receive five po~*;ts if 50 percent or more of such-housin3 is not ~ ~~~ specifically designated as elderlf units. 5. Proposed Subsidize% Housing - a Municipalities receive an addition=_: two points if they can verify that in t!:e past two years they have received a proposa_ fer a family subsidized housing develop;~er,t not yet selected for fund i n.~ by HUB, ~'-- o^ ~ ^~~iA .....' .a ~ n~ whic:~ is consistent with regior.'_ 5ca'_s and Q~~~`, pCli-Gies, ?~~ :'Cr which -they ha'!e ~..,nvPd ~crFux~UN"` necessar_~ ~:unicipal approvals a::d wcu'_:i issue a bu_ld-::3 permit cr can demcr.strate ^? 0 tc 5~ 7. i•!edes`-~cs` -:cTpcwnArs!~_p 'i^ c~ uuniC_~3__,i?s a^o ..~^~eC+ aCC'.^''_ ~' p"rcer~t3~°°_FO-• t~ei. total !?C.^.oc~a~av~±C?~IOL'S?Il units in 9a0 which 3^e :+:t::_.. a modes` g • -Cost ra^ge 5ased en t 980 ~nark~ ` va' ue data co:-p t lid by the county. V _ `~~~ ;~!un_cips__~_es a.^e rar{e~: acc~..a_. _c ` pence^t~keMo: t~:ei. fora- rA^Vz_ ~;~ ~ e ^ sus:::g '•~1_...._.^. 3 '.'.C:t'c,.-CCS~. ^-~r,~o ~35,~.+ C.; _^a ."..OS~ Cl`.'.'.°.' ~ ° s r ..Art _.,.? : cr bPtwPe.^. .; • 0 and ~ ~ :" ~ ~?„0 ~ J ~ r 41n~`ISJ sir ~.~~~~ A ';! .. _ z; „# Points 0 to 5~ b 9. New Modest-Cost Housing Achievements - Municipalities are awarded points upon verification of new modest-cost housing units rented or homesteaded within their • jurisdiction for the first time during the previous calendar year. Points will not be awarded ~.rhen rental units given points in previous criteria are converted to ownership units. Points will be awarded for the city's regional fair share new modest-cost private market housing achievement according to the following percentages: ~ ~ „~,~~ ~ 10+ percent - 6 points 6-9 percent - 4 points 3-5 percent - 2 points 0-2 percent - 0 points 1 ~o ac~ ~o,,,~r~ _ ~~~ v~,-o The Council will adjust the unit value and rent limit for modest-cost housing annually based on HUD-determined income categories for the S~?SA. The number of modest-cost units produced in a single-year which exceeds ten percent of a municipality's fair share goal may be carried over and counted toward the next year's achievement. 0 to 5~ 10. Alternative Housing T~Jpes - ~ Municipalities are ranked according to the J percentage of their total rew housing unit or occupancy per;~its issued in the previous ~ ~1,,,,,;, ~~ nc ~-~ , calendar year for dwelling units other than traditional, detached single-family homes, such as all forms of attached housing, mobile homes or zero-lot line units. the municipality must have eermitted at least five new ur.'_ts or a number which rep^ese^ts five percent (at least five units) o.' i~s fcrecasted !:eusehold g^~:~th t^roug^ ;g?0 aCCCrd:ng tC Deve IOD,:.en ~ ^ .ra.^.:ewOr't for?C3StS . ~'~ 'c? 1 ; .. Housi:,~ =or Soecia? `lee's - ,1unic_ca? it:es are awarded t::o po:r.ts if wi..h_n t'.:e_r jUr'_S~_Ct_On. ~ 1 ~fa'~er3-, St :te ~ • cCl:.^. ~': Cr -CC~~ :ll^.~S Cr tC:OSe C:' a ^C^.-~r0" or~ar._~at.c-: '.^.ave bee.^. used tc ^~... c:^.a;e ?^d J • P^7 ~e .,~J{ Jpn .._al .:^. t9 .. .. v:'~'/_'~e _.. ~^SP~ C~ ~OOe_„~ }.n~V : ,., r J .A..... ^?_r•l ,^e9: ~er~.5 Cn 2n C. ~ ~ a~s.Si~-~nc•2. ^ o^`^.,~, ''_S.S, Of .... ~':? '_3C°_:'1?^.~ C.° a~Ul., 0~`~ `~.-i~~rb~ '" ~.. ~ - .. .'~ J '~ ~ J : ~ :..~ r'~ y ~+ n C ^ - '1 ^ C : .. ..~~ ~ r ~i ~ ° i r' `r.~ ~ ~__ j r. f,('1~ o.~ /, lace..;,ed ~v _::e D'^~r:._.e^., c: ..?a'_t.. or ~~ ~epartwe.^. t c. ?sb? _.. ~?'_...^e a7-c."• CrC•Ji ^~oy •o^C„^3^•! C'' CE',^":3.^.A.^.: .^.CU3_^~ `'~^ t-?e p".JS:~a__;J ':a.'1.~.~C3^~?~, :a e.^.t3~~f i~~~ mental_•~ r^tar,iAd or c^e'aica'_ly de^e^dz^t is locsted in t".e cc^:~un:ty. GOALS AND IMPLEMENTATION PROGRAMS TO PROVIDE HOUSING OPPORTUNITIES Municipalities receive points as indicated if their comprehensive plan includes goals and implementation programs as described below: Points 3 ~ 12. Low- and Moderate-Income Housing ODOOrtunities Goa l - A numerical low- and moderate-income housing opportunities goal consistent with the ~ ~ ^~ Council's ten year fair share plan for low- "7 Z ^~ ~ "r and moderate-income housing opportunities.~* 3 "' 13. Modest-Cost Housing Onoortunities Goal - A numerical modest-cost housing soportunities goal consistent with the Council's ten year ~ fair share plan for new modest-cost private mar!~cet housing opportunities.'~'~ 3 ~ 1-~ . Programs Income H Specific programs low- and goal. to Achieve the Low- ar.d ?~Ioderate- cusir,Q Goal - local, regional, state or federal ~ ~`~ a to be used to achieve the co,:~munity's ~3a' moderate-income housing ODpOrtunitieS 3 :~ 15 . Prograr~s to Achieve Housing ua~ nter~nc~ and Rehaoil=`at_~n Gca~s - SpecificVrehabilita~icn loan ar.d grant ~ progra:.,s or local funding efforts to be uses' to ac~:ieve the community's housing :aaintera:~ce and rehabilitation goals. C~IIG r ~ ~..., t\~ ~.~ P,.,~, ~..,, - p ~ ~,,.~ F~~! ~ ~-~ TGrX c~iY~'-'s rY.., ~ ~A~1 c~-'c.~ ~ ... ~~t~~/~~ l0 3s~ ., , ~,.~_~ ~_ 5 16 . Loca 1 -?c,;s -,Q T.. ~ .a` ~ ~Ja~ - ^~ s^a~ an.i 'aur.:c_aa:_ties ~..hc.". hays used `''_sca? device.; or i.^.i .,_at_ves s~ c?: as tax-exe~^^t ~:or-za;~e roypn,~e bO.ndS, ~ax irC~on.a.^.t ~`i-~anL+inr :.ola`. .i5 a(~ to hous_:~g, or ^GpG cr lccal :'a.^.ds to assist the deveco:aent of .new low- and mederate- inco:~e cr mcdest-cost hcusir.g opcertuaities are a~«ar~'ed twe po:ats for eac!: actin-. ?o;.^.ts a^e a::ar~'ed once :'or each *j~P o~. actin-`. a^d ar° ^:a_^ta_^ed fen two~yea--~ or uaY:.rU~ of Six ^O.:~tS. ;~.` , x'~~~.r- + F, ,,~ -,K.v* Points 6 a 6 ~ i7. Local Housing Initiatives - Official Controls - Municipalities are awarded two points for each of several additional activities for ~~~~,,~Ct;~ which .it can be demonstrated that new lower- cost housing opportunities have been created I~~~,~~~.~C~°, rp in -the community. The activities may be ~^'-~'"~` official controls used specifically to assist 9~.~«~,°"' °~~'~( the development of new low- and moderate- ~^ ~"~' ~ ~''~ income or modest-cost housing such as the waiving of permit fees or dedications, the establishment of mandatory inclusionary zoning requirements, the provision of density bonuses or the implementation of policies or C~~~«,~. programs which promote interjurisdictional „~ mobility such as the elimination of residency f1~s~ _ preferences for assisted housing. Points are _ awarded once for each type of activity and are maintained for two years, or as long as the activity is continuing. Maximum of six points. ~~~-~ Official controls for which points are 7~~.,..~~ ~~'T subsequently awarded under Codes and ~~2-~ '~~"~`"` Ordinances {below) are not awarded points in this criterion. • 18. Local Housing Initiatives - Preservation of ousinq Stock Municipalities are awarded two points for each use of a fiscal device, initiative or impler~entatior. of an official control which assists in the preservaticn of housing stock. These initiatives may be official ccr.tro'_s c~;~ c~:C such as a housing maintenance cede, a '~~ -rt~~-~ ~Y mainter.ar.ce code en: crcement progra~a o~ .~~,~~_,,, s_milar :~cni Lori^.g effort to DrAyor1~, fit,,, ~~~ ~~" deterioration, or the initiative may to a ' fiscal device cr tool Whi~^ •Nou_d r.ot otherwise be avai'_able without kcal initiat:ve sue: as the use of CLaG or local funds fcr !:cus_.^.g rQ:^.a5i~.tation ac~_v_~_~~. ?pints are awarded for each type of ac~_•ri`y and are :::a..^.tai'led fOr two fe3^s, Or aS ~CC:~ aS the aCti'rlt:' iS CC:ltinui:"liS. uaYi":t.7 O:~ Slx aO1ntS. 5 CODES AND ORDINANCES Municipalities receive points as indicated for current codes and ordinances as described below: "~ Points 2 a 19. Sir.~le-Family Development Densities - Zoning ordinances or standards which permit single-family residential-development at densities consistent with the Council's land use advisory standards.~'~ 2 ~~ 20. Multifamily Development Densities - Zoning ordinances or standards which permit multifamily residential development at densities consistent 'with the Council's land use advisory standards.*~ 2 ~ ~ 21. Single-Family Housinsr Size - No :souse size requirements for single-family housing. Z ~ 22. i•'~alti`'amily Unit Size - • J . J rI S.~ P ~] ~ No unit size requirements for multifa~^ily 'J e~ ~ housing. 2 ~ 23 . S?n~le-Fami 1v Garasre Reouirements - Local land use regulation which does not require the construction of a ga:'age or covered parking space with a single-family detached housing unit. 2 c7 2u . Multi ..°a:~ily Gar?~e Recu~re^~e.^.~ - Local land use regulation w:^.ic:~ does not req•.::re t"e cor.structior. of a garage or covered park_^g space with s_ng e-°a:aily 3ttaCti:e~ or multi °a^lily hcusi^g~units unless p:'000S3~S for SUCK tyCe O~ ~e'JC=C~.".lentS d0 nC~ :..^.C_ude 4:.`la~ t~:? .'^.u.^._C_Ca~ _t.J CC.^.S~''~^S t0 }JP aCeCi'13 ~e Un l t StOr3g°_ __°aC 111 t 1 _S . `".oc:'_e ::Gme zCn:-;g or other local la.^.d use re g::la t i CnS Or Or'~ I n3nCeS wh 1Ch pe.^~! t t;:e C^_3~iOn Or eX~Z.^.SOn Of 710~J1>.e :^.0.^.!e ' develcpr~ents. a .".a:.^._ ~.~a_: :J ~~--- CPC°- `.'O- .^.C ~0..^. :.3 t .° :t aC?S .^.Ot ~^3'J? .~ at leas C.^.e .:n_~ .,. 3 ~:....^U:~ ^l:^~z^ C: Un-tS 3S ~e3^^:~P~' in eac:~ crite^ic::. b HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 9 Agenda February 16, 1982 Housing and Redevelopment Authority Commissioners City of Richfield Commissioners: Subject: Development Proposal for the Godfather Block At the January 18, 1982 HRA meeting, the Executive Director presented a status report regarding proposed development on the '':Godfather Block" portion of the L/H/N Redevelopment area. The city council and HRA are scheduled to hold a concurrent meeting on February 16 to hear a proposal from New Age Developers, potential developers of that site. New Age Developers are requesting the city council to authorize the use of Industrial Development Revenue bonds to finance this project. The HRA will be asked to assemble the land for this project. New Age Developers proposes to redevelop the block into a mixed-use development, containing office, commercial and res- idential uses. The 75,000 square feet of commercial space and 50,000 square feet of office space is proposed to be situated adjacent to 66th Street and Lyndale Avenue, with a 625-space parking structure to be placed off of 65th Street. The residential housing complex would contain 288 dwelling units of various sizes, including efficiency, one, two and three bedroom units. The. primary emphasis in a mix ed-use project of this type is to create a synergism. Synergism is complementary uses; that is, one use helping to support a second use. A copy of the developer's pro- posal, which provides additional information, is attached to this letter. The project is in conformance with the L/H/N redevelopment plan which was adopted in 1975 and amended in March, 1979. The development will help achieve a number of program objectives: 1. Reduce underutilization of land by intensively developing the block in a unified and integrated manner; 2. Provide a compatible environment for living and shopping; 3. Provide shopping which will be in an organized, planned environment; 4. Provide a parking structure and related shops which will encourage "one stop" shopping; HRA Letter No. 9 -2- February 16, 1982 5. Include additional housing choices which will relate to the amenities of Richfield Lake; 6. Reduce the number of curb cuts which will improve traffic flow; 7. Provide employment opportunities and tax revenue. The proposed participation by the HRA would include the acquisition of property, relocation of building occupants, demo- lition of the existing structures, sale of the property, and some improvements on the project site as further detailed in the developer's proposal. Initial runs of the tax increment feasibility indicate that the project is one which is financially sound subject to the final conditions of a developer's agreement. It is recom- mended that the HRA approve the concept of the development, authorize the staff to finalize negotiations on a developer's agreement, and direct the staff to meet with RING and CIC to review the proposal. Respectfully submitted, Karl Nollenberger Executive Director KN/sh cc: Community Development Director Housing and Redevelopment Coordinator Council Members ~ K~ `\~ J j ~N /V , CITY OF RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY January 18, 1982 Special Meeting With Cit Council The Housing and Redevelopment Authority of the City of Richfield met in concurrent session with the city council on January 18, 1982 in the council chambers of the city hall at 6:15 p.m. The meeting was called to order by Chairman Harms at 6:50 p.m, Present: Commissioners Freeman, Hassenstab, Helmberger, Ludeman, Harms Present: Council Members Bunce, Hassenstab, Kirsch, Ludeman, Hamilton 1. Consideration of Resolution Authorizing Bond Issue Executive Director Karl Nollenberger described the purpose of the concurrent meeting with the city council - to present an update on the sale of the $2,450,000 bond issue to finance the costs of the Lake Shore Drive Condominium and Lyndale Garden Center project. Administrative Services Director Joyce Wilde described the following alternatives for marketing of these bonds as outlined in HRA Letter No. 7: 1. Wait for change in the bond market and/or changes in state law that would remove the 12 percent interest rate ceiling; 2. Make more optimistic assumptions regarding inflation, and the corresponding growth in tax increment collections that will support the indebtedness; 3. Reassess the original HRA policy that requires each component of the redevelopment project to be self-supporting. HRA members suggested authorizing the bond sale immediately, so that the staff would be in a position to seek a negotiated sale as soon as the interest rate ceiling is raised. The staff requested the opportunity to consult with the city's financial advisers before taking such action. The HRA recessed at 7:20 p.m, and reconvened at 7:50 p,m. Commissioner Ludeman left the meeting. HRA Meeting Minutes -2- January 18, 1982 Regular Meeting 1. App royal of Minutes of Regular Meeting of December 21, and Special Meeting of December 28, 1981 Motion by Freeman, seconded by Helmberger to approve the minutes of the December 21, and 28, 1981 meetings. All ayes - Carried. Absent - Ludeman. 2. Oath of Office for HRA Commissioner Donald Hassenstab HRA clerk Joyce Wilde administered the oath of office to Commissioner Donald Hassenstab. 3. Annual Meeting and Election of Officers - In accordance with the bylaws of the Housing and Redevelopment Authority of Richfield, election officers for the year 1982 was held at the annual meeting. The following nominations were made: Motion by Freeman, seconded by Helmberger to elect Thomas Harms to serve in the capacity of Chairman. All ayes - Carried. Absent - Ludeman. Motion by Harms, seconded by Freeman to elect Joan Helmberger to serve as Vice Chairman. All ayes - Carried. Absent - Ludeman. Motion by Harms, seconded by Helmberger to elect Michael Freeman to the office of Secretary. All ayes - Carried. Absent - Ludeman, 4. Opportunity for Citizens to Address the HRA Lawrence Wozniczka, 6744 Wentworth, asked questions regarding the bond sale discussed earlier. 5. Discussion of Small Business Loan Program Executive Director Nollenberger described the Small Business Administration HRA Meeting Minutes -3- January 18, 1982 Loan Program, as detailed in HRA Letter No. 4. The HRA deferred this matter to the February 16, 1982 meeting, for further discussion and encouraged the staff to contact other cities and community businesses to get more detailed information regarding how the program may actually work and the level of interest. The HRA indicated enthusiasm for the concept, while not being ready to endorse it fully. 6. Residency Preference Policy for the Vo-Tech Housing Rehabilitation Program Executive Director Nollenberger described the need to establish a policy regarding residential preference for selection of a qualified purchaser of the Vo-Tech rehabilitated home at 6413 22nd Avenue. The HRA took no action to establish a residential preference for this property, but requested the staff to analyze the impact of the Metropolitan Council Housing Policy 39 on the city's ability to receive federal grants, if a preference were established. 7. Discussion of the Status of L/H/N Projects Executive Director Nollenberger presented a status report regarding the following projects: United National/Hub Shopping Center - The space formerly occuped by Sibley is tentatively leased, and they are revising their traffic/parking lot plans. Richfield State Agency - The developer's agreement has been signed and negot- iations are underway for HRA acquisition of Bjorn Hagen and Kentucky Fried Chicken properties under terms of that agreement. Trestman/Star Auto - Have indicated some preliminary interest in join t. improve- ment of their properties. Lyndale Garden Center - The parking area is complete and rest of the project is substantially completed. Godfather Block - The city council will hold a hearing in February on request by the developer to issue IDR bonds. HRA Meeting Minutes -4- January 18, 1982 Lake Shore Drive Condominium Project - The sales office has reported that more than 100 of the units have been sold. City Project 705 - It is just about completed and the remainder of the finishing touches will be completed this spring. 8. Claims and Payrolls Motion by Freeman, seconded by Helmberger that the following claims and payrolls be approved: SiIMMIT STATE BANK Checks 2912/18233 $1,175.51 All ayes - Carried. Absent - Ludeman. 9. Adjournment Motion by Helmberger, seconded by Freeman that the meeting adjourn. All ayes - Carried. Absent - Ludeman. Time: 9:00 p.m. Date Approved: Michael 0. Freeman Secretary Thomas E. Harms Chairman HOUSING AND REDEVELOPMENT AUTHORITY Office of Executive Director HRA Letter No. 8 Agenda February 16, 1982 Housing and Redevelopment Authority Commissioners City of Richfield Commissioners Subject: Resolution Designating Official Depository Attached to this HRA letter is a resolution naming Summit State Bank of Richfield as the official depository for the Rich- field Housing and Redevelopment Authority for the year 1982. Summit State is pledging collateral in the amount of $353,600. This collateral pledge means that the HRA's deposits up to this amount are secured with the depository. In addition to this collateral pledge, HRA funds are protected by the Federal Deposit Insurance Corpora t~.fln in the amount of $100,000, making the total protection afforded by this depository for HRA funds equal to $453,600. It is recommended that the HRA adopt the attached resolution. Respectfully submitted, ~' Karl Nollenberger Executive Director KN/sh cc: Finance Coordinator City Council Members Administrative Services Director HRA RESOLUTION N0. RESOLUTION DESIGNATING THE SUMMIT STATE BANK A DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FOR THE YEAR 1982 AND APPROVING COLLATERAL BE IT RESOLVED by the Housing and Redevelopment Authority of Richfield as follows: That, in accordance with law, the Summit State Bank be, and hereby is designated a depository of the funds of the Housing and Redevelopment Authority of Richfield, subject to modification and revocation at any time by said Housing and Redevelopment Authority, and subject to the following terms and conditions: The said depository shall not be required to give bonds or other securities for such deposits provided that the total sum thereof shall not at any time exceed in any depository the sum for for which its deposits are insured under the Acts of Congress of the United States relating to insurance of bank deposits; but not in case such deposits in any such depository shall at any time exceed such insured sum, said depository shall immediately furnish bonds or other security for such excess according to law, approved by the Housing and Redevelopment Authority of Richfield. That said depository shall pay on demand all deposits therein; and shall pay all time deposits, at or after the end of the period for which the same shall be deposited, on demand. BE IT FURTHER RESOLVED, that there shall be maintained a general account in which shall be deposited all monies. Checks on this account shall be signed by the following officers or their facsimile signatures. Thomas E. Harms, Chairman Karl Nollenberger, Executive Director BE IT FURTHER RESOLVED, that there shall be a daily interest savings account. All withdrawals from said account will be for transfers to the general checking account. BE IT FURTHER RESOLVED, that the collateral in the amount of $353,600 deposited for safekeeping at the Marquette National Bank of Minneapolis, is hereby approved. Passed by the Housing and Redevelopment Authority of Richfield this 16th day of February, 1982. Thomas E. Harms Chairman ATTEST: Secretary