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05-17-2021 HRA Complete AgendaR E G U LAR H O U S IN G AN D R E D E V E LO P ME N T AU TH O R ITY ME E TIN G V IR TU AL ME E T IN G V IA W E B E X MAY 17, 2021 7:00 P M C all to Order A ttendance Roll C all Open F orum: Opportunity to address the HRA on items not on the A genda; dial 612-861-0651 Approval of the Minutes A pproval of the minutes of the: 1) Joint C ity C ouncil, Housing and Redevelopment A uthority and P lanning C ommission work session of A pril 19, 2021; and 2) the regular Housing and Redevelopment meeting of A pril 19. 2021 AG E N D A APPR O VAL 1.A pproval of the A genda 2.Consent Calendar contains several separate items which are acted upon by the H R A in one motion. Once the Consent Calendar has been approved, the individual items and recommended actions have also been approved. No further H R A action on these items is necessary. However, any H R A Commissioner may request that an item be removed from the Consent Calendar and placed on the regular agenda for H R A discussion and action. All items listed on the Consent Calendar are recommended for approval. A .C onsider adoption of a resolution authorizing the Housing and Redevelopment A uthority to affirm the monetary limits on statutory municipality tort liability. S taff Report No. 14 3.C onsideration of items, if any, removed from C onsent C alendar P U B LIC H E AR IN G S 4.P ublic hearing and consideration of the adoption of a resolution authorizing the sale of 6625 2nd Avenue S outh to K ettler C onstruction and the approval of a C ontract for P rivate D evelopment with K ettler C onstruction for the construction of a single family home through the Richfield Rediscovered P rogram. S taff Report No. 15 H R A D IS C U S S IO N ITE MS 5.HRA D iscussion Items E X E C U T IV E D IR E C TO R R E P O R T 6.E xecutive D irector's Report C LAIMS 7.C laims 8.A djournment Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at least 96 hours in advance to the City Clerk at 612-861-9738. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Concurrent Housing and Redevelopment Authority, City Council and Planning Commission Work Session April 19, 2021 CALL TO ORDER The work session was called to order by HRA Chair Supple at 6:00 p.m. via Webex. HRA Members Mary Supple, Chair; Maria Regan Gonzalez; Sue Sandahl; Lee Ohnesorge Present: and Erin Vrieze Daniels HRA Members Absent: None Council Members Present: Maria Regan Gonzalez, Mayor; Mary Supple, Sean Hayford Oleary and Simon Trautmann Council Members Absent: Ben Whalen PC Members Present: Kathryn Quam, Chair; Peter Lavin; Brendan Kennealy; Brett Stursa and Jim Rudolph PC Members Absent: Brian Pynn Staff Present: Katie Rodriguez, City Manager; John Stark, HRA Executive Director/Community Development Director; Melissa Poehlman, Assistant Community Development Director; and LaTonia DuBois, Administrative Assistant. Others Present: Tim Carter, Richfield Bloomington Honda Item #1 DISCUSSION OF THE SALE OF 7700 PILLSBURY AVENUE SOUTH TO RICHFIELD BLOOMINGTON HONDA, AND THE ZONING CODE AND COMPREHENSIVE PLAN CHANGES REQUIRED TO ALLOW ITS USE AS AN OFF-SITE SURFACE PARKING LOT. Concurrent HRA, City Council and Planning Commission Work Session -2- April 19, 2021 Executive Director Stark provided background information of the site (previously the City Garage). Tim Carter, Richfield Bloomington Honda, shared his proposal for the site to purchase the land and use it for employee parking. How he would purchase the land and the struggles with employee parking. The site plan was shared and Tim Carter reviewed the site plan with policymakers. Assistant Community Development Director Poehlman provided history of the site, explained how the property is currently zoned and policy changes and actions that would be necessary for the proposed use. Executive Director Stark spoke of a previous housing proposal that didn’t work out for the site and another recent proposal that has been put on hold due to funding and how that developer still may be interested and a business that has expressed interest in the site. Executive Director Stark stated that he believes the best value for this site is for housing and explained changes that would be required to the Comprehensive Plan to allow for parking as a stand-alone use and the tremendous interest for housing in Richfield. Executive Director Stark provided the direction needed from policy makers. Council Member Trautmann inquired about granting a variance to allow the stand-alone parking and if it would apply to the single site or the city as a whole. Assistant Community Development Director Poehlman explained that a variance would not be allowed as a use change and a change to city ordinance would be required. Council Member Hayford Oleary inquired about the ramp that Richfield Bloomington Honda agreed to build on their property. Assistant Community Development Director Poehlman explained the ramp was agreed on in the original planned unit development submitted and that building the ramp on Richfield Bloomington Honda property is a requirement of that planned unit development. Council Member Hayford Oleary expressed his thoughts on the proposal, mentioned it may not be the best use of land for the community and spoke about tax base for housing versus parking. Chair Supple asked Mr. Carter to explain the reasons he did not build the parking ramp. Mr. Carter explained that building the ramp is not affordable due to higher tax costs than originally anticipated and struggles with Covid-19. Mr. Carter explained that if he removed current inventory and shut down for a year to build the ramp his business would be unsustainable and the value Richfield Bloomington Honda adds to the city and the potential to acquire additional property in the area to build on in the future. Executive Director Stark explained that staff is supportive of Richfield Bloomington Honda and that staff is only opposed to sand-alone parking and explained that the tax value is established by Hennepin County not the city. Chair Supple inquired about a possible extension to allow Richfield Bloomington Honda additional time to build the ramp. Concurrent HRA, City Council and Planning Commission Work Session -3- April 19, 2021 Executive Director Stark informed policy makers of previous conversations between staff and Mr. Carter to find parking solutions. Assistant Community Development Director Poehlman explained how extensions could be granted through amendments to the original planned unit development. Commissioner Sandahl expressed support of the current temporary parking agreement and granting an extension. Commissioner Sandahl commended Mr. Carter for his partnership and involvement in the community. Planning Commission Chair Quam asked for clarification of changing permitted use in the area. Assistant Community Development Director Poehlman explained that you could not just rezone one property and the area that would be affected if zoning changes were made. Executive Director Stark explained spot zoning is not legal. Chair Supple shared a written comment from Council Member Whalen stating that he is opposed to a parking lot on the site and no more staff or council time should be devoted to the proposal. Commissioner Vrieze Daniels stated her opposition for using this site as parking. Administrative Assistant DuBois shared a written comment from Commissioner Lavin stating that he is opposed to the parking lot and does not find a housing development to be a desirable use for the land either. Commissioner Lavin was present virtually, but was only able to provide comment through the chat function. Commissioner Rudolph expressed desire to work with Mr. Carter and Richfield Bloomington Honda for a solution. Mayor Regan Gonzalez expressed desire to work with Mr. Carter and Richfield Bloomington Honda to find a solution as well and spoke of what a great partner he is to the city, but does not support the proposal for surface parking due to the location in the city. Commissioner Stursa agreed with previous comments regarding working with Mr. Carter, but that stand alone parking would not be a good idea for the city. Executive Director Stark acknowledged Commissioner Lavin’s thoughts regarding the site not being the best housing site. Director Stark also stated that he will work with Mr. Carter to find solutions and the possibility of exploring possible resources to build the parking ramp. Chair Supple thanked Mr. Carter for all he has done for the city and sharing his proposal. Concurrent HRA, City Council and Planning Commission Work Session -4- April 19, 2021 ADJOURNMENT The work session was adjourned by unanimous consent at 6:52 p.m. Date Approved: May 17, 2021 Mary Supple Chair LaTonia DuBois John Stark Administrative Assistant Executive Director HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting April 19, 2021 CALL TO ORDER The meeting was called to order by Chair Supple at 7:05 p.m. via Webex. HRA Members Mary Supple, Chair; Maria Regan Gonzalez; Sue Sandahl, Lee Ohnesorge Present: and Erin Vrieze Daniels. HRA Members None Absent: Staff Present: Katie Rodriguez, City Manager; John Stark, Community Development Director/Executive Director; Julie Urban, Housing Manager; and LaTonia DuBois, Administrative Assistant. Others Present: None OPEN FORUM Administrative Assistant DuBois provided instructions to call in for the open forum. No Callers. APPROVAL OF THE MINUTES M/Sandahl, S/Vrieze Daniels to approve the minutes of the joint City Council and HRA work session of February 16, 2021, the regular Housing and Redevelopment Authority meeting of February 16, 2021 and the joint City Council, HRA, Planning Commission and Human Rights Commission work session of March 15, 2021. Motion carried 5-0 Item #1 AGENDA APPROVAL M/Sandahl, S/Vrieze Daniels to approve the agenda. Motion carried 5-0 HRA Meeting Minutes -2- April 19, 2021 Item #2 CONSENT CALENDAR Executive Director Stark presented the Consent Calendar: A. Consider approval of revisions to the First Time Homebuyer Program Guidelines. (Staff Report No. 11) Executive Director Stark explained the reasoning for the changes, to increase the base loan amount and allowing the Executive Director to grant approval of additional funds under special circumstances. Commissioner Vrieze Daniels noted an error in the Guidelines; corrections were made to the Guidelines. M/Sandahl, S/Vrieze Daniels to approve the Consent Calendar with the corrections. Motion Carried 5-0 Item #3 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT CALENDAR None. Item #4 CONSIDER THE ADOPTION OF A RESOLUTION APPROVING REVISIONS TO THE INCLUSIONARY AFFORDABLE HOUSING POLICY (S.R. NO. 12) Housing Manager Urban presented Staff Report No. 12. Chair Supple asked Housing Manager Urban to go over the Affordability Level and the Average Median Income table again. Chair Supple and Commissioners clarified with Housing Manager Urban the Affordability Levels being proposed are as follows: Affordability Level % of Units RENTAL 60% of Area Median Income (AMI) 20% 50% of AMI 15% 30% of AMI 10% OWNER‐OCCUPIED 115% of AMI 20% 100% of AMI 15% 80% of AMI 10% Commissioner Vrieze Daniels inquired about how people would know they can request grab bars. HRA Meeting Minutes -3- April 19, 2021 Executive Director Stark explained the reasoning for the flexibility with the grab bars component and future plans to post accessibility information and resources on the city website. Commissioner Ohnesorge inquired about the percentages of roll in showers. Housing Manager Urban explained that Type A units would require 5% to have a roll in shower and if they have fully accessible units 3% would be required. Chair Supple asked for Housing Manager Urban to explain the rationale behind the 5% and 3%. Housing Manager Urban explained it is thought to be an incentive to encourage developers to provide fully accessible units. Commissioner Regan Gonzalez asked for explanation of the decision offer the 3% and to not require 5% for all. Housing Manager Urban explained the difference between Type A and fully accessible units and current needs based on data and incentives to developers to offer more fully accessible units. Executive Director Stark explained the city is working to learn more to develop expertise around accessibility. Chair Supple inquired about putting information on the website to make residents aware of when accessible units are available. Executive Director Stark discussed challenges with knowing when accessible units are available and the ability to obtain them and thoughts about possible future solutions. Housing Manager Urban stated that people are currently referred to housing link for information on accessible units. Commissioner Regan Gonzalez thanked residents and staff for all their work on this policy. Chair Supple echoed Commissioner Regan Gonzalez’s comments. M/Vrieze Daniels, S/Regan Gonzalez to approve a resolution approving revisions to the Inclusionary Affordable Housing Policy. Motion Carried 5-0 RESOLUTION NO. 1391 RESOLUTION APPROVING THE ADOPTION OF AMENDMENTS TO THE INCLUSIONARY AFFORDABLE HOUSING POLICY Item #5 CONSIDERATION OF A RESOLUTION AUTHORIZING STAFF TO TAKE STEPS TO DISCHARGE DISCRIMINATORY COVENANTS FROM HOUSING AND REDEVELOPMENT AUTHORITY-OWNED PROPERTY (S.R. NO 13) Housing Manager Urban presented staff report No. 13. HRA Meeting Minutes -4- April 19, 2021 Chair Supple inquired about this being specific to HRA-owned property and if a similar resolution would be coming before the City Council for city owned property. Housing Manager Urban stated that a similar resolution would be coming before the City Council for city owned property. Commissioner Vrieze Daniels mentioned that the form is up on the website and inquired about what outreach is being done. Housing Manager Urban explained different staff groups that are working with different entities, along with the Human Rights Commission, to get the information out and welcomed any input. Commissioner Regan Gonzalez mentioned how this is a great opportunity to talk about what the city is doing to be more accessible and equitable and the importance to look at planning and developments with an equity lens. Chair Supple inquired if people could be notified about a possible covenant on their property at the time of purchase. Housing Manager Urban explained plans to provide information with the point of sale inspections and that this would also be mentioned to realtors during the upcoming realtor workshop. M/Sandahl, S/Vrieze Daniels to adopt a resolution condemning the use of discriminatory covenants and authorizing staff to discharge discriminatory covenants on all existing and future Housing and Redevelopment Authority-owned property. Motion Carried 5-0 RESOLUTION NO. 1392 RESOLUTION CONDEMNING THE USE OF DISCRIMINATORY COVENANTS AND DISCHARGING DISCRIMINATORY COVENANTS ON HRA‐OWNED PROPERTY Item #6 HRA DISCUSSION ITEMS None. Item #6 EXECUTIVE DIRECTOR’S REPORT Executive Director Stark reported special legislation being introduced around Tax Increment Finance pooling. Executive Director Stark also reported that the state emergency rental assistance program is expected to open up at any time and that VEAP is currently assisting with rental assistance with the help of funds from the HRA. Item #7 CLAIMS HRA Meeting Minutes -5- April 19, 2021 M/Vrieze Daniels, S/Regan Gonzalez that the following claims be approved: U.S. BANK 3/15/2021 Section 8 Checks: 132592-132670 $173,276.08 HRA Checks: 33973-33986 $80,079.32 TOTAL $253,355.40 U.S. BANK 4/19/2021 Section 8 Checks: 132671-132755 $187,040.56 HRA Checks: 33987-33998 $10,952.85 TOTAL $197,993.41 Motion carried 5-0 Item #8 ADJOURNMENT The meeting was adjourned by unanimous consent at 8:03 p.m. Date Approved: May 17, 2021 Mary B. Supple HRA Chair LaTonia DuBois John Stark Administrative Assistant Executive Director AGENDA SECTION:Consent Calendar AGENDA ITEM #2.A. S TAFF REPORT NO. 14 HOUSING AND RE DEVELOPMENT AUT HORIT Y MEET ING 5/17/2021 RE P O RT P RE PA RE D B Y: K rista Guzman, HR Manager O THE R D E PA RTM E NT RE V IE W: N/A E X E C UTIV E D IRE C TO R RE V IE W: J ohn S tark, E xecutive D irector 5/12/2021 I T E M F O R C O UNC IL C O NS ID E RAT I O N: Consider adoption of a resolution authorizing the Housing and Redevelopment Authority to affirm the monetary limits on statutory municipality tort liability. E X E C UT IV E S UM M ARY: The Housing and Redevelopment Authority (HRA) purchases its insurance from the League of Minnesota Cities I nsurance Trust (LMC I T). Each year, the HRA must either affirm or waive its statutory limits of liability by J uly 1. After reviewing cost considerations measured against potential risk, the HRA has, historically, affirmed the liability limits which are $500,000 for an individual claimant and $1,500,000 per occurrence. Staff is recommending the same course of action for the current period. RE C O M M E ND E D AC T I O N: By motion: Adopt a resolution authorizing the Housing and Redevelopment Authority to affirm the monetary limits on municipal tort liability established by Minnesota Statutes 466.04. B AS IS O F RE C O M M E ND AT I O N: A.H IS TOR IC AL C ON T E X T A requirement of insurance coverage through the L MC I T is an annual affirmation or waiver of statutory limits of liability. The current statutory limits of liability for Minnesota cities and political entities are $500,000 for an individual claimant and $1,500,000 per occurrence. Cities can waive these limits to allow an individual claimant to recover more than $500,000, up to the $1,500,000 per occurrence limit, if excess liability insurance is purchased. However, the cost of excess liability insurance continues to be very expensive. An additional $1,000,000 of coverage would cost the HRA approximately $6,000 annually. Slightly more than half of the cities in Minnesota do not waive its limits of liability. B.P OL IC IE S (resolutions, ordinances, regulations, statutes, etc): The State Statute establishes liability limits for cities and the current level is $1,500,000, which appears to be a reasonable limit. Historically, just over one-half of the municipalities in Minnesota have not waived the monetary limits on municipality tort liability as was established by Statutes 466.06. The HRA could waive its statutory limits in future years if the Commissioners should decide to do so. The City of Richfield has historically not waived its limits of liability. C.C R IT IC AL T IMIN G IS S U E S: The HRA’s insurance policy with the League of Minnesota Cities I nsurance Trust renews on J uly 1, 2021. This action must be completed before that time. The HRA does not have to make a decision on purchasing excess liability coverage at this time. Coverage such as excess liability may be added at any time. D.F IN AN C IAL IMPAC T: There is a slight premium savings for political entities that affirm the statutory monetary limits. For the Richfield HRA, the savings would be less than $1,000 for the coverage year. The HRA has historically not purchased excess liability coverage because of the relatively high cost of such coverage. The cost for $1,000,000 of excess coverage would likely be between $6,000 and $8,000 per year. E.L E GAL C ON S ID E R AT ION: The tort liability limits established by Minnesota statutes have historically protected cities and no Minnesota court has ever established a monetary award in excess of the statutory limits against a municipality. Each municipal entity must annually decide whether the entity would voluntarily waive the statute for both the single claims and each occurrence limit. ALTE R N AT IV E R E C O MME N D ATIO N(S): I f the HRA feels that any single claimant should receive more than the $500,000 limit, the HRA could elect to waive the statutory monetary limits. I f the HRA feels that the $1,500,000 per occurrence limit is not adequate, the HRA could purchase excess liability coverage. P R IN C IPAL PAR TIE S E X P E C TE D AT ME E TIN G: None AT TAC H ME N T S: D escription Type Tort L iability HRA 2021 Resolution L etter HRA RESOLUTION NO. RESOLUTION AFFIRMING MUNICIPAL TORT LIABILITY LIMITS ESTABLISHED BY MINNESOTA STATUTES 466.04 WHEREAS, Minnesota Statute 466.04 provides for Municipal tort liability limits for Minnesota cities and for other municipal entities like the Richfield Housing and Redevelopment Authority; and WHEREAS, the League of Minnesota Cities Insurance Trust has asked that each participating entity review the tort liability limits and determine if the respective entity would choose to waive its limits; and WHEREAS, such decision to affirm or waive the tort liability limits must be filed with the League of Minnesota Cities Insurance Trust at the insurance renewal date. NOW, THEREFORE, BE IT RESOLVED that the Executive Director is directed to report to the League of Minnesota Cities Insurance Trust that the Richfield HRA does not waive the monetary limits on the municipal tort liability established by Minnesota statutes 466.04. Approved by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of May, 2021. Mary B. Supple, Chair ATTEST: Maria Regan Gonzalez, Secretary AGENDA SECTION:PUBLIC HEARINGS AGENDA ITEM #4. S TAFF REPORT NO. 15 HOUSING AND RE DEVELOPMENT AUT HORIT Y MEET ING 5/17/2021 RE P O RT P RE PA RE D B Y: C eleste McD ermott, Housing S pecialist O THE R D E PA RTM E NT RE V IE W: N/A E X E C UTIV E D IRE C TO R RE V IE W: J ohn S tark, E xecutive D irector 5/11/2021 I T E M F O R C O UNC IL C O NS ID E RAT I O N: Public hearing and consideration of the adoption of a resolution authorizing the sale of 6625 2nd Avenue South to Kettler Construction and the approval of a Contract for Private Development with Kettler Construction for the construction of a single family home through the Richfield Rediscovered Program. E X E C UT IV E S UM M ARY: Kettler Construction (Builder), is applying to purchase the lot at 6625 2nd Avenue South from the Housing and Redevelopment Authority (HRA) for the construction of a single family home that includes an Accessory Dwelling Unit (A D U) in the basement. Kettler Construction is building the home for buyers Dan Kettler and Annie Baregi. Dan Kettler is the son of Rich Kettler, owner of Kettler Construction. The new home will be a two-story home with a detached two-car garage. The main living area will include three bedrooms and three baths, and the A D U in the basement will feature one bedroom and one bathroom. The new home will be approximately 2,400 finished square feet with an estimated end-value of $375,000. The existing substandard home was purchased by the HRA in 2016 through Hennepin County's tax forfeiture process. Title issues with the property were resolved in 2020, and a Request for Proposals (RFP) was issued in February. The Kettler proposal was the one application received in response to the RFP. The property is being sold for $60,000. The property appraised for $80,000 as a vacant lot, but a $10,000 discount is being provided to offset the cost of demolishing the existing structures and an additional $10,000 discount is provided for the inclusion of an A D U. RE C O M M E ND E D AC T I O N: Conduct and close the public hearing and by motion: 1. Adopt a resolution authorizing the sale of 6625 2nd Avenue South to Kettler Construction; and 2. Authorize execution of a Contract for Private Development between the Housing and Redevelopment Authority and Kettler Construction for the redevelopment of 6625 2nd Avenue South. B AS IS O F RE C O M M E ND AT I O N: A.H IS TOR IC AL C ON T E X T The HRA acquired 6625 2nd Avenue South in 2016 as a tax forfeiture. Hazardous materials were abated from the existing home in 2021. At the time of purchase, an independent evaluation was conducted and concluded that the existing house is structurally and functionally substandard, containing many code and structural deficiencies that would be cost-prohibitive to correct. B.P OL IC IE S (resolutions, ordinances, regulations, statutes, etc): The proposed project meets the policy objectives of the Richfield Rediscovered Program: Removes substandard, functionally obsolete housing and eliminates its blighting influence; Provides new, higher valued housing; and Alleviates shortage of housing choice for families. The project also meets the Housing Design and Site Development criteria, as defined in the Richfield Rediscovered Guidelines: The height and mass of the house is made compatible with other homes in the neighborhood through the varied roof lines and the presence of a roof eave at the first level. The plan provides a balanced and pleasing distribution of wall, door and window areas from all views. The inclusion of an A D U meets this strategy in the Comprehensive Plan: Encourage use of the City's A D U ordinance to increase the number of housing units and expand housing options for extended families. Explore developing a "prototype" design through the HRA's Richfield Rediscovered Program. Approval of the proposal would meet the requirements of the HRA's I nclusionary Housing Policy: over a three-year period, at least 20% of the scattered-site units constructed must be affordable at 80% of the Area Median I ncome (A MI ). From 2019-20121, the HRA is on track to facilitate construction of eleven market rate homes and four affordable homes (27% affordable). C.C R IT IC AL T IMIN G IS S U E S: The Contract for Private Development (Contract) requires the Builder to close on the property by J uly 31, 2021, and to complete construction by March 31, 2022. All Richfield Rediscovered contracts include a provision authorizing staff to grant an extension to these deadlines for a period up to six months. D.F IN AN C IAL IMPAC T: The HRA acquired the 50-foot wide property and structure in 2016 through the tax-forfeiture process for $98,249. The appraised value of the property as a vacant lot is $80,000. A discount to the lot sale price is applied to account for the demolition of the existing structures and for the inclusion of an A D U. Under the terms of the Contract, $60,000 will be due at closing. Under the terms of the Contract for the property, the contracted minimum market value of the new home will be at least $375,000. Under the terms of the Contract, the Builder will also be required to submit a $10,000 cash escrow. E.L E GAL C ON S ID E R AT ION: Notice of the public hearing was published in the Sun Current on May 6, 2021. Mailed notification is not required on this item; however, a courtesy notice was mailed to residents within 350 feet of the property. The HRA Attorney prepared the Contract for Private Development and will approve any final revisions. ALTE R N AT IV E R E C O MME N D ATIO N(S): Do not approve the sale of the property and the Contract for Private Development. P R IN C IPAL PAR TIE S E X P E C TE D AT ME E TIN G: Rich Kettler, owner, Kettler Construction. Dan Kettler and Annie Baregi, end buyers. AT TAC H ME N T S: D escription Type Resolution Resolution L etter C ontract for D evelopment C ontract/A greement L andscaping plan and house plan B ackup Material S ite P lan B ackup Material HRA RESOLUTION NO. RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 6625 2ND AVENUE SOUTH TO KETTLER CONSTRUCTION WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (HRA) desires to develop certain real property pursuant to and in furtherance of the Richfield Rediscovered Program adopted by the HRA, said real property being described as: Address: 6625 2nd Avenue South Legal: The North 50 feet of the West ½ of Lot 1, Godspeed’s Second Plat, Richfield- Minnesota, according to the plat thereof, and situate in Hennepin County, Minnesota. WHEREAS, the HRA is authorized to sell real property within its area of operation after a public hearing; and WHEREAS, the purchaser of the described property has been identified as Endres Custom Homes, and WHEREAS, a Contract for Private Development has been prepared, and the sale price of 6625 2nd Avenue is $60,000 with performance security in the amount of $10,000; and WHEREAS, a public hearing has been held after proper public notice. NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota: 1. A public hearing has been held and 6625 2nd Avenue South is authorized to be sold for $60,000 to Kettler Construction; and 2. The Chairperson and Executive Director are authorized to execute a Contract for Private Development and other agreements as required to effectuate the sale to the Builder. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of May, 2021. Mary B. Supple, Chair ATTEST: Maria Regan Gonzalez, Secretary Error! Unknown document property name. CONTRACT FOR PRIVATE DEVELOPMENT Between HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD and Kettler Construction, Inc. for property located at 6625 2nd Ave S, Richfield MN 55423 This Instrument Drafted by: The Housing and Redevelopment Authority in and for the City of Richfield 6700 Portland Avenue South Richfield, Minnesota 55423 Telephone: (612) 861-9760 1 Error! Unknown document property name. CONTRACT FOR PRIVATE DEVELOPMENT THIS AGREEMENT, made and entered into as of this ______ day of ________, 20___, by and between the Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of the State of Minnesota, having its principal office at 6700 Portland Avenue, Richfield, Minnesota (HRA) and Kettler Construction Inc. (Builder). WITNESSETH: WHEREAS, the City of Richfield (City) and the HRA have previously created and established a Redevelopment Project (Project) pursuant to the authority granted in Minnesota Statutes, Sections 469.001 through 469.047 (collectively, the Act); and WHEREAS, pursuant to the Act, the City and the HRA have previously adopted a redevelopment plan for the Project (Redevelopment Plan); and WHEREAS, in order to achieve the objectives of the Redevelopment Plan and particularly to make specified land in the Project available for development by private enterprise for and in accordance with the Redevelopment Plan, the HRA has determined to provide substantial aid and assistance to finance development costs in the Project; and WHEREAS, the Builder has proposed a development as hereinafter defined within the Project which the HRA has determined will promote and carry out the objectives for which the Project has been undertaken, will assist in carrying out the obligations of the Redevelopment Plan, will be in the vital best interests of the City and the health, safety and welfare of its residents and is in accord with the public purposes and provisions of the applicable state and local laws and requirements under which development in the Project has been undertaken and is being assisted. NOW, THEREFORE, in consideration of the mutual covenants and obligation of the HRA and the Builder, each party does hereby represent, covenant and agree with the other as follows: ARTICLE I DEFINITIONS, EXHIBITS, RULES OF INTERPRETATION Section 1.1. Definitions. In this Agreement, the following terms have the meaning given below unless the context clearly requires otherwise: Accessory Dwelling Unit. A smaller self-contained residential unit with its own entrance, living space, kitchen, and bathroom on the same lot as the primary house. Accessory Dwelling Units can be located in basements, above garages, in attics, or as additions. 2 Error! Unknown document property name. Building Plans. Detailed plans for the Improvements to be constructed on the Property, as required by the local building official for issuance of a building permit. City. The City of Richfield, Minnesota. Construction Plans. The construction plans approved by the HRA pursuant to Section 5.1 of this Agreement. The Construction Plans include a schedule for construction of the Improvements, preliminary plans and schematics of the Improvements to be constructed, and a landscaping plan. Development. The Property and the Improvements to be constructed thereon according to the Construction Plans approved by the HRA. Event of Default. Event of Default has the meaning given such term in Section 9.1. Guidelines. The Richfield Rediscovered Program Guidelines Lot Sale Program, revised April 23, 2013 and attached as Exhibit B to this Agreement. Improvements. Each and all of the structures and site improvements constructed on the Property by the Builder, as specified in the Construction Plans to be approved by the HRA, which shall include a single family home and an Accessory Dwelling Unit. Minimum Market Value. $375,000, which is the minimum market value for the Property and Improvements as confirmed by the Hennepin County Assessor. Mortgage. A mortgage obtained by the Builder from a third party lender in accordance with Section 8.2 of this Agreement. Property. The real property legally described as: The North 50 feet of the West ½ of Lot 1, Goodspeed’s Second Plat, Richfield- Minnesota, according to the recorded plat thereof, and situate in Hennepin County, Minnesota Located on land having a street address of: 6625 2nd Ave S, Richfield, Minnesota 55423 Unavoidable Delays. Delays which are the direct result of strikes, labor troubles, fire or other casualty to the Improvements, litigation commenced by third parties which results in delays or acts of any federal, state or local government, except those contemplated by this Agreement, which are beyond the control of the Builder. Section 1.2. Exhibits. The following Exhibits are attached to and by reference made a part of this Agreement: 3 Error! Unknown document property name. A. Form of Certificate of Completion B. Program Guidelines – Lot Sale Program C. Form of Quit Claim Deed D. Well Disclosure Section 1.3. Rules of Interpretation. (a) This Agreement shall be interpreted in accordance with and governed by the laws of the State of Minnesota. (b) The words “herein” and “hereof” and words of similar import, without reference to any particular section or subdivision refer to this Agreement as a whole rather than any particular section or subdivision hereof. (c) References herein to any particular section or subdivision hereof are to the section or subdivision of this Agreement as originally executed. (d) Any titles of the several parts, articles and sections of this Agreement are inserted for convenience and reference only and shall be disregarded in construing or interpreting any of its provisions. ARTICLE II REPRESENTATIONS AND UNDERTAKINGS Section 2.1. By the Builder. The Builder makes the following representations and undertakings: (a) The Builder has the legal authority and power to enter into this Agreement and has duly authorized the execution, delivery and performance of this Agreement; (b) The Builder has the necessary equity capital or has obtained commitments for financing necessary for construction of the Improvements; (c) The Builder will construct the Improvements in accordance with the terms of this Agreement and all local, state and federal laws and regulations; (d) The Builder will obtain, in a timely manner, all required permits, licenses and approvals, and will meet, in a timely manner, the requirements of all local, state and federal laws and regulations which must be obtained or met before the Improvements may be constructed; (e) The plans for the Improvements have been prepared by a qualified draftsperson or architect; (f) The Builder has read and understands the Guidelines and agrees to be bound by them. 4 Error! Unknown document property name. Section 2.2. By the HRA. The HRA makes the following representations as the basis for the undertaking on its part herein contained: (a) The HRA is authorized by law to enter into this Agreement and to carry out its obligations hereunder; and (b) The HRA will, in a timely manner, subject to all notification requirements, review and act upon all submittals and applications of the Builder and will cooperate with the efforts of the Builder to secure the granting of any permit, license, or other approval required to allow the construction of the Improvements. ARTICLE III ACQUISITION OF PROPERTY; CONVEYANCE TO BUILDER Section 3.1. Purchase of Property by Builder. The HRA agrees to sell the Property to Builder and the Builder agrees to purchase the Property from the HRA in an “as-is” condition. The sale of the Property is contingent upon the Builder providing the HRA with evidence satisfactory to the HRA that Builder has entered into a binding legal commitment, in the form of a Purchase Agreement for the resale of the Property to a Homeowner following completion of the Improvements. The HRA agrees to convey the Property to the Builder by Quit Claim Deed in the general form of Exhibit C. The HRA’s deed to the Builder will contain the right of reverter required in Section 9.3. The purchase price for the Property, payable on the Closing Date (as defined in Section 3.7), will be $60,000.00 (“Purchase Price”). The Purchase Price reflects a land write-down in the amount of $10,000.00. The land write-down is being provided to the Builder on the condition that the Builder constructs an Accessory Dwelling Unit that conforms to the City’s requirements as part of their home design and which will be commenced and completed as required under Section 5.3. Section 3.2. Title and Examination. As soon as reasonably possible after execution of this Contract for Private Development by both parties, (a) HRA shall surrender any abstract of title and a copy of any owner’s title insurance policy for the property, if in HRA’s possession or control, to Builder or to Builder’s designated title service provider; and (b) Builder shall obtain the title evidence determined necessary or desirable by Builder or Builder’s lender, including but not limited to title searches, title examinations, abstracting, a title insurance commitment or an attorney’s title opinion, at Builder’s selection and cost, and provide a copy to the HRA. The Builder shall have 20 days from the date it receives such title evidence to raise any objections to title it may have. Objections not made within such time will be deemed waived. The HRA shall have 90 days from the date of such objection to effect a cure; provided, however, that the HRA shall have no obligation to cure any objections, and may inform Builder of such. The Builder may then elect to close notwithstanding the uncured objections or declare this 5 Error! Unknown document property name. Agreement null and void, and the parties will thereby be released from any further obligation hereunder. Section 3.3. Taxes and Special Assessments. Real estate taxes and installments of special assessments will be prorated between the HRA and Builder as of the Closing Date. Section 3.4. Soil Conditions and Hazardous Wastes. The Builder acknowledges that the HRA makes no representations or warranties as to the conditions of the soils on the Property, its fitness for the construction of improvements or any other purpose for which the Builder may use the Property, or regarding the presence of hazardous wastes on the Property. The HRA will allow reasonable access to the Property for the Builder to conduct such tests regarding soils conditions and hazardous wastes as the Builder may desire. Permission to enter the Property to conduct such tests must be given in writing under reasonable terms and conditions established by the HRA. Section 3.5. Site Clearance. The HRA will be responsible for remediation of all hazardous materials from all buildings as required to prepare the Property for development. The Builder shall be responsible for all demolition on the Property and all site preparation and clearance. When performing site clearance, the Builder will comply with all of the provisions of the Guidelines relating to tree protection, preservation and replacement. Section 3.6. Other Preconditions to Closing. Closing may not take place until the HRA is satisfied that the proposed Improvements are in all respects in full compliance with the provisions of the Guidelines. It is anticipated that the Builder will involve the Homeowner in the various activities required under the Guidelines so that the Homeowner will have an opportunity to contribute suggestions concerning development of the Property. Section 3.7. Closing. Closing must take place on or before July 31, 2021, (“Closing Date”) or such other date as may be agreed to by the Builder and HRA in writing. On the Closing Date, the Builder will provide the HRA with a Letter of Credit [or a cash deposit for the escrow account established] pursuant to Section 6.1, in addition to the Purchase Price. Section 3.8. Closing Costs. The Builder will pay: (a) all closing fees charged by its title insurance company or other closing agent, if any, utilized to close the transaction for Builder; (b) title services chosen by Builder pursuant to Section 3.2 above, including the premium for title insurance policy, if any, and (c) the recording fees for the Contract for Private Development and the deed transferring title to the Builder. HRA will pay (a) any transfer taxes, and (b) fees and charges related to the filing of any instrument required to make title marketable. Each party shall pay its own attorney fees. Section 3.9. Sewer and Water. HRA warrants that city water is available at the lot line and city sewer is available at the curb. Section 3.10. ISTS Disclosure. HRA is not aware of any individual sewage treatment system on the property. Builder is responsible for all costs of removing any individual sewage treatment system that may be discovered on the Property. 6 Error! Unknown document property name. Section 3.11. Well Disclosure. HRA’s knowledge of wells on the Property is disclosed in Exhibit D. Section 3.12. Methamphetamine Disclosure. To the best of HRA’s knowledge, methamphetamine production has not occurred on the property. ARTICLE IV DEMOLITION Section 4.1. Demolition. The Builder shall demolish the structures on the Property pursuant to the requirements of this Article IV. Section 4.2. Local Permit Requirements and Related Submittals. (a) The Builder shall obtain all permits required for demolition by the City, including a plumbing permit (for water and sanitary sewer disconnects) and a demolition permit. Questions about these permits, permit fees, and the scheduling process for the required inspections should be directed to the Building Inspections Department at Richfield City Hall (612-861-9816). (b) No less than two (2) days prior to commencing demolition, the Builder shall provide to the City and the HRA with a description of proposed dust and noise control measures for the Property. (c) Upon completion of the demolition, the Builder shall provide to the City and the HRA: (i) copies of any permits required by government agencies other than the City, such as transport or disposal permits; (b) copies of any test results required by government agencies other than the City, including but not limited to testing required as part of the asbestos abatement process; and (c) copies of all landfill records indicating receipt and acceptance of hazardous wastes by a landfill licensed to accept hazardous wastes. Section 4.3. Conditions on the Property During Demolition. (a) The Builder will disconnect and abandon utilities serving the Property, including water, sanitary sewer, electricity, gas and telecommunications; or arrange for disconnection and abandonment of same. The Builder shall not begin demolition before field-verifying that disconnection and abandonment has been completed. (b) The Builder shall ensure that the buildings are vacated and use of the property is discontinued prior to commencing demolition. (c) The Builder shall provide all labor, materials, equipment, employee training, compliance with all regulations, permits, notifications, licenses and agreement necessary to perform the demolition. 7 Error! Unknown document property name. (d) The demolition operations shall not at any time encroach on adjacent residential properties. Where residents occupy the adjacent properties, the Builder shall stake and mark the boundaries of the property to identify the limits of operations for its employees and subcontractors. (e) Where adjacent buildings are occupied, the HRA requires the Builder to advise the inhabitants as to when they will start work activities and of what hazards are involved. The Builder shall also furnish the occupants of the adjoining properties a phone number where they can reach the Builder in case of an emergency or problem. (f) As directed by the City Inspector, a silt fence or other appropriate erosion control measures shall be erected around the perimeter of the Property to prevent erosion and unwanted run-off onto adjacent properties, streets, and alleys. Silt fences must conform to standards set by the Minnesota Pollution Control Agency and the City. (g) The use of explosives and on site burning during demolition are prohibited. (h) The Builder shall provide water, electricity, communications and toilet facilities on site as necessary to complete the work. (i) The Builder shall provide and maintain uninterrupted vehicular access to the Property, including temporary demolition facilities, storage and work areas, for not only persons and equipment involved in the demolition but also emergency vehicles. (j) The Builder shall keep fire hydrants and water control valves free from obstruction and accessible for use. (k) The Builder shall take all necessary safeguards to prevent damage or injury to neighboring property. (l) Prior to closing or rerouting existing traffic lanes or sidewalks in any public street easement or right-of-way adjacent to streets, the Builder shall obtain written permission from the City’s Engineer. Expenses related to lane closures, including but not limited to traffic barriers, signs and similar equipment, as well as traffic control personnel, shall be the responsibility of the Builder. (m) The Builder may conduct demolition work on the Property from 7 a.m. to 7 p.m. Monday through Friday and 9 a.m. to 5 p.m. on Saturdays. No work shall be conducted on Sundays or legal holidays. (n) The Builder shall not crush any materials on-site. (o) The Builder shall maintain the Property in a safe and neat manner. Adjacent properties, streets and right-of-ways shall be kept free of dirt and debris. 8 Error! Unknown document property name. Section 4.4. Demolition. (a) The Builder shall use water sprinkling, temporary enclosures and other suitable methods to limit dust and dirt rising and scattering in air. The Builder shall comply with any and all governing regulations pertaining to environmental protection. The Builder shall not use water when it may create hazardous or objectionable conditions such as flooding or pollution. (b) The Builder shall clean adjacent structures and improvements of dust, dirt and debris caused by demolition operations and return adjacent areas to condition existing prior to start of work. (c) The Builder shall demolish buildings, other structures, improvements, and landscaping completely and remove all debris from the Property. The Builder may use such methods as required to complete the work subject to the limitations of governing regulations. (d) The Builder shall proceed with demolition in a systematic manner, from top of structures to ground, and will complete demolition work above each floor or tier before disturbing supports on lower levels. (e) After the Building has been removed from the Property, the Builder shall remove all foundation walls and the basement floor slab, and shall remove all other at grade masonry, concrete slabs, sidewalks, steps, and driveways from the Property. ALL ASPHALT, MASONRY, AND NON-MASONRY MATERIAL MUST BE TRANSPORTED AWAY FROM THE SITE. (f) Immediately upon the removal of the Building from its foundation, the Builder shall furnish and erect on the Property a wood slat snow fence or an approved substitute, either one being in good repair and reasonably acceptable to HRA. The fence shall be at least four feet in height, shall completely enclose the open basement, and shall remain in place until the basement is filled, at which time it shall be removed; (g) The Builder shall locate demolition equipment throughout the building and remove materials so as to not impose excessive loads to supporting walls, floor or framing. (h) The Builder shall provide and maintain interior and exterior shoring, bracing or other structural support to preserve structural stability and prevent movement, settlement or collapse of the building. (i) The Builder shall break up any concrete slabs-on-grade and remove from the Property. (j) The Builder shall demolish footings, foundation walls, tunnels and other below- grade structures and remove from the Property. (k) After removing all foundation walls and the basement floor slab, as provided above, the Builder shall fill the basement to ground surface level with clean compactable soil. 9 Error! Unknown document property name. The basement hole must be inspected by the City Inspector prior to filling, and any unauthorized debris removed. The fill must not contain any hazardous substance or disposed building material. (l) All sheds and other accessory structures, clothesline and other poles, and landscape structures shall be removed from the Property. (m) The Builder may not cut or remove a tree from the Property without prior permission from the HRA. If any trees are cut or destroyed by the Builder without prior approval, Contract will pay to the HRA damages of $200 per tree. Any such damages shall be deducted from the Builder’s payment. Any trees approved by the HRA for removal and cut or felled in the moving process shall be removed immediately, and the tree stumps may remain. (n) The Builder shall provide a certificate of well abandonment if required. Section 4.5. Debris and Disposal. (a) The Builder shall maintain the Property free of extraneous debris. (b) The Builder shall prohibit overloading of trucks to prevent spillage on access and haul routes. (c) The Builder shall maintain a sweeping and clean-up program to prevent deposition, release and disbursal of soils and debris onto paved surfaces. (d) The Builder shall move from the Property all debris, rubbish and other materials resulting from demolition operations. (e) The Builder shall transport materials from the Property and legally dispose of them off-site in accordance with governing regulations. ARTICLE V CONSTRUCTION OF IMPROVEMENTS Section 5.1. Construction of Improvements. The Builder shall construct the Improvements on the Property in accordance with the Guidelines and the Construction Plans, shall cause the Improvements to meet or exceed the Minimum Market Value specified in Section 1.1, and shall maintain, preserve and keep the Improvements in good repair and condition. The Builder shall provide his or her proposed construction plans to the HRA for review; if the proposed construction plans are in conformity with this Agreement and the Guidelines, the HRA will approve the Construction Plans following review and comment by the Homeowner. Section 5.2. Construction Plans. No building permit will be issued by the City unless the Building Plans are in conformity with the Guidelines, the Construction Plans, the required Minimum Market Value, other requirements contained in this Agreement, and all local, state and 10 Error! Unknown document property name. federal regulations. The Builder shall provide the HRA with a set of Building Plans to be used in connection with any application for a building permit. The HRA shall, within 25 days of receipt of the Building Plans review the same to determine whether the foregoing requirements have been met. If the HRA determines such Building Plans to be deficient, it shall notify the Builder in writing stating the deficiencies and the steps necessary for correction. Issuance of the building permit by the City shall be a conclusive determination that the Building Plans have been approved and shall satisfy the provisions of this Section 5.2. Section 5.3. Schedule of Construction. Subject to Unavoidable Delays, construction of the Improvements shall be completed prior to March 31, 2022 (“Construction Completion Date”). All construction shall be in conformity with the approved Construction Plans and the Guidelines. Periodically during construction the Builder shall make reports in such detail as may reasonably be requested by the HRA concerning the actual progress of construction. If at any time prior to completion of construction the HRA has cause to believe that the Builder will be unable to complete construction of the Improvements in the time permitted by this Section 5.3, it may notify the Builder and demand assurances from the Builder regarding the Builder’s construction schedule. If such assurances are not forthcoming or are deemed by the HRA at its sole discretion to be inadequate, the HRA may declare an Event of Default and may avail itself of any of the remedies specified in Section 9.2 of this Agreement. Section 5.4. Certificate of Completion. After notification by the Builder of completion of construction of the Improvements, the HRA shall inspect the construction to determine whether the Improvements have been completed in accordance with the Construction Plans and the terms of this Agreement, including the date of the completion thereof. In the event that the HRA is satisfied with the construction, and upon closing on the sale of the Property to the Homeowner, the HRA shall furnish the Builder with a Certificate of Completion in the form attached hereto as Exhibit A. Such certification by the HRA shall be a conclusive determination of satisfaction and termination of the agreements and covenants in this Agreement. Issuance of the Certificate of Completion shall also serve as a satisfaction of any obligation of Builder secured by the escrow account established under Section 6.1, and the remaining funds in the escrow account will be released to the Builder. At the time a Certificate of Completion is issued, the HRA will also provide Builder with a $5,000 cash rebate if Builder has obtained certification from an approved green construction certification organization, including any of the following: Green Community Concepts certification through LEED for Homes, Minnesota GreenStar, Minnesota Green Communities or Minnesota Green Path. If the HRA shall refuse or fail to provide certification in accordance with the provisions of this Section 5.4, the HRA shall within 15 days of such notification provide the Builder with a written statement, indicating in adequate detail in what respects the Builder has failed to complete the Improvements in accordance with the provisions of this Agreement necessary, in the opinion of the HRA, for the Builder to take or perform in order to obtain such certification. Section 5.5. Landscaping and Green Community Concepts. The Builder understands and acknowledges that the HRA is currently revising its landscaping standards and its Green Community Concepts requirements set forth in Exhibit B. The Builder understands that it will be required to comply with the revised landscaping requirements once the HRA finalizes the 11 Error! Unknown document property name. requirements. In addition, if the Builder chooses to pursue Green Community Concepts certification, the Builder will be required to meet the revised requirements in order to be eligible for the green credit rebate described in Section 5.4. Section 5.6. Failure to Construct. In the event that construction of the Improvements is not completed as provided in Section 5.3 of this Agreement, an Event of Default shall be deemed to have occurred, and the HRA may proceed with its remedies under Section 9.2. ARTICLE VI REDEVELOPMENT ASSISTANCE Section 6.1. Establishment of Cash Escrow. Builder acknowledges that the HRA has incurred significant costs in acquiring the Property and selling the Property to the Builder at a reduced price. On the Closing Date, Builder will deliver to the HRA $10,000 to be placed in a non-interest bearing escrow account pursuant to the Escrow Agreement, dated as of the date hereof, between Builder and HRA. The obligation to pay the $10,000 to the HRA will be forgiven, and the cash in the escrow account will be returned to Builder if: (i) the Builder receives a Certificate of Completion; and (ii) the Builder is not otherwise in default of any of its obligations hereunder. If such have not occurred, an Event of Default shall be deemed to have occurred and the HRA may exercise its remedies under Section 9.2. ARTICLE VII FINANCING Section 7.1. Financing. HRA acknowledges that Builder has submitted evidence of financing for the Improvements in compliance with the provisions of Section 2.1(b) of this Agreement. Builder must notify HRA immediately of any changes to or withdrawal of the approved financing, HRA shall have 10 days to approve or disapprove changes in financing. If the HRA rejects a change in the approved financing or if the approved financing is withdrawn, the Builder shall have 30 days or such additional period of time as the Builder may reasonably require from the date of the HRA’s notification to submit evidence of financing satisfactory to the HRA. If the Builder fails to submit such evidence or fails to use due diligence in pursuing financing, the HRA may terminate this Agreement and both parties shall be released from any further obligation or liability hereunder. Closing shall not take place until Builder has provided HRA with acceptable evidence of financing for construction of the Improvements. Section 7.2. Copy of Notice of Default to Lender. Whenever the HRA shall deliver any notice or demand to the Builder with respect to any Event of Default by the Builder in its obligations or covenants under this Agreement, the HRA shall at the same time forward a copy of such notice or demand to each holder of any Mortgage authorized by the Agreement at the last address of such holder shown in the records of the HRA. Section 7.3. Subordination. In order to facilitate obtaining financing for the construction of the Improvements by the Builder, the HRA may, in its sole and exclusive 12 Error! Unknown document property name. discretion, agree to modify this Agreement in the manner and to the extent the HRA deems reasonable, upon request by the financial institution and the Builder. ARTICLE VIII PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER Section 8.1. Representation as to Redevelopment. The Builder represents and agrees that its undertakings pursuant to the Agreement, are for the purpose of development of the Property and not for speculation in land holding. The Builder further recognizes that, in view of the importance of the Development to the general welfare of Richfield and the substantial financing and other public aids that have been made available by the HRA for the purpose of making the Development possible, the qualification and identity of the Builder are of particular concern to the HRA. The Builder further recognizes that it is because of such qualifications and identity that the HRA is entering into this Agreement, and, in so doing, is further willing to rely on the representations and undertakings of the Builder for the faithful performance of all undertakings and covenants agreed by the Builder to be performed. Section 8.2. Prohibition Against Transfer of Property and Assignment of Agreement. For the reasons set out in Section 8.1 of this Agreement, the Builder represents and agrees as follows: (a) Except as specifically allowed by this section, Builder has not made or created, and, prior to the issuance of the Certificate of Completion, Builder will not make or create, or suffer to be made or created, any total or partial sale, assignment, conveyance, or any trust in respect to this Agreement or the Property or any part thereof or any interest therein, or any contract or agreement to do any of the same, without the prior written approval of the HRA. (b) This provision shall not be deemed as preventing the Builder from entering into a Purchase Agreement for the sale of the Property to a Homeowner. (c) This provision does not prohibit conveyances that are only by way of security for, and only for the purpose of obtaining financing necessary to enable the Builder or any successor in interest to the Property, or any part thereof, to perform its obligations with respect to the Development under this Agreement, and any other purpose authorized by this Agreement. Any Mortgage obtained by the Builder must be disclosed to the HRA, and must be subordinate to this Agreement. The Builder must provide the HRA with an address for the holder of the Mortgage for purposes of providing notices as may be required by this Agreement. ARTICLE IX EVENTS OF DEFAULT Section 9.1. Events of Default Defined. The following shall be deemed Events of Default under this Agreement and the term shall mean, whenever it is used in this Agreement, unless the context otherwise provides, any one or more of the following events: 13 Error! Unknown document property name. (a) Failure by the Builder to pay when due the payments required to be paid or secured under any provision of this Agreement; (b) Failure by the Builder to observe and substantially perform any covenant, condition, obligation or agreement on its part to be observed or performed hereunder, including the time for such performance; (c) If the Builder shall admit in writing its inability to pay its debts generally as they become due, or shall file a petition in bankruptcy, or shall make an assignment for the benefit of its creditors, or shall consent to the appointment of a receiver of itself or of the whole or any substantial part of the Property; (d) If the Builder, on a petition in bankruptcy filed against it, be adjudicated as bankrupt, or a court of competent jurisdiction shall enter an order or decree appointing, without the consent of the Builder, a receiver of the Builder or of the whole or substantially all of its property, or approve a petition filed against the Builder seeking reorganization or arrangement of the Builder under the federal bankruptcy laws, and such adjudication, order or decree shall not be vacated or set aside or stayed within 60 days from the date of entry thereof; or (e) If the Builder is in default under any Mortgage and has not entered into a work- out agreement with the holder of the Mortgage. Section 9.2. Remedies on Default. Whenever any Event of Default occurs, the HRA may, in addition to any other remedies or rights given the HRA under this Agreement, take any one or more of the following actions following written notice by the HRA to the Builder as provided in Section 9.3 of this Agreement: (a) Suspend its performance under this Agreement until it receives assurances from the Builder, deemed reasonably adequate by the HRA, that the Builder will cure its default and continue its performance under this Agreement; (b) Cancel or rescind this Agreement; (c) Exercise its right under Section 9.3; (d) Withdraw all funds in the escrow account established in Section 6.1; (e) Withhold the Certificate of Completion; or (f) Take whatever action at law or in equity may appear necessary or desirable to the HRA to enforce performance and observance of any obligation, agreement, or covenant of the Builder under this Agreement; provided, however, that any exercise by the HRA of its rights or remedies hereunder shall always be subject to and limited by, and shall not defeat, render invalid or limit in any way (a) the lien of any Mortgage authorized by this Agreement and (b) any rights or interest provided in this Agreement for the protection of the holders of a Mortgage; and provided further that should any holder of a Mortgage succeed by foreclosure of the Mortgage or 14 Error! Unknown document property name. deed in lieu thereof to the Builder’s interest in the Property, it shall, notwithstanding the foregoing, be obligated to perform the obligations of the Builder under this Agreement to the extent that the same have not therefore been performed by the Builder. Section 9.3. Revesting Interest in HRA Upon Happening of Event of Default Subsequent to Conveyance of Property to Builder. In the event that subsequent to the closing or the sale of the Property to the Builder and prior to the issuance of the Certificate of Completion: (a) The Builder fails to begin construction of the Improvements in conformity with this Agreement, and such failure is not due to Unavoidable Delays; (b) The Builder, after commencement of the construction of the Improvements, defaults in or violates obligations with respect to the construction of the Improvements, including the nature and the date for the completion thereof, or abandons or substantially suspends construction work, and such act or actions is not due to Unavoidable Delays; (c) The Builder or successor in interest fails to pay real estate taxes or assessments on the Property or any part thereof when due, or places thereon any encumbrance or lien unauthorized by this Agreement, or suffers any levy or attachment to be made, or any supplier’s or mechanic’s lien, or any other unauthorized encumbrance or lien to attach; (d) There is, in violation of Article IX of this Agreement, any transfer of the Property or any part thereof; or (e) The Builder fails to comply with any of its covenants under this Agreement, then the HRA shall have the right upon 30 days’ written notice to Builder and the Builder’s failure to cure within such 30 days period, to re-enter and take possession of the Property and to terminate and revest in the HRA the interest of the Builder in the Property; provided, however, that such revestiture of title shall be subject to the lien of any prior encumbrance permitted under this Agreement or any right of a Homeowner pursuant to a valid Purchase Agreement authorized by this Agreement. Section 9.4. No Remedy Exclusive. No remedy herein conferred upon or reserved to the HRA is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the HRA or the Builder to exercise any remedy reserved to it, it shall not be necessary to give notice, other than such notice as may be required in this Article IX. Section 9.5. No Additional Waiver Implied by One Waiver. In the event of the occurrence of any Event of Default by either party, which Event of Default is thereafter waived 15 Error! Unknown document property name. by the other party, such waiver shall be limited to the particular Event of Default so waived and shall not be deemed to waive any other concurrent, previous or subsequent Event of Default. ARTICLE X ADDITIONAL PROVISIONS Section 10.1. Conflict of Interests; Representatives Not Individually Liable. No HRA officer who is authorized to take part in any manner in making this Agreement in his or her official capacity shall voluntarily have a personal financial interest in this Agreement or benefit financially there from. No member, official, or employee of the HRA shall be personally liable to the Builder, or any successor in interest, for any Event of Default by the HRA or for any amount which may become due to the Builder or successor or on any obligations under the terms of this Agreement. Section 10.2. Non-Discrimination. The provisions of Minnesota Statutes Section 181.59, which relate to civil rights and non-discrimination, and any affirmative action program of the City shall be considered a part of this Agreement and binding on the Builder as though fully set forth herein. Section 10.3. Notices and Demands. Except as otherwise expressly provided in this Agreement, a notice, demand or other communication under this Agreement by either party to the other shall be sufficiently given or delivered if it is sent by mail, postage prepared, return receipt requested or delivered personally: (a) As to the HRA: Richfield HRA Executive Director 6700 Portland Avenue South Richfield, MN 55423 (b) As to the Builder: Kettler Construction Inc. Richard Kettler 200 Demar Ave Shoreview, MN 55126 or at such other address with respect to either such party as that party may, from time to time, designate in writing and forward to the other as provided in this Section 9.3. Section 10.4. Counterparts. This Agreement may be simultaneously executed in any number of counterparts, all of which shall constitute one and the same instrument. Section 10.5. Extensions. Any extension to the Closing Date and/or extension to Construction Completion Date that exceeds 6 months from the date agreed to in Section 3.7 and 5.3, 16 Error! Unknown document property name. respectively, must be approved by the HRA Board. HRA staff is authorized to extend the Closing Date to a date less than 6 months from the Closing Date agreed to in Section 3.7 and extend the Construction Completion Date to a date less than 6 months from the Construction Completion Date agreed to in Section 5.3. IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed as of the day and year first above written. [signature pages follow] 17 Error! Unknown document property name. Signature Page for HRA THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA By _______________________________________ Its Chairperson By _______________________________________ Its Executive Director STATE OF MINNESOTA ) ) SS COUNTY OF ______________ ) The foregoing instrument was acknowledged before me this __________ day of ____________________, 20_____, by , the Chairperson of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota, a public body corporate and politic under the laws of Minnesota, on behalf of the authority. ________________________________________________ Notary Public STATE OF MINNESOTA ) ) SS COUNTY OF ______________ ) The foregoing instrument was acknowledged before me this __________ day of ____________________, 20_____, by , the Executive Director of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota, a public body corporate and politic under the laws of Minnesota, on behalf of the authority. ________________________________________________ Notary Public 18 Error! Unknown document property name. Signature Page for Builder Kettler Construction Inc. By______________________________________ Its______________________________________ STATE OF MINNESOTA ) ) SS COUNTY OF ______________ ) The foregoing instrument was acknowledged before me this __________ day of ____________________, 20_____, by __________________________________________, the ______________________ of _______________________________________________, a _________________________ under the laws of _____________________, on behalf of the _____________________. ________________________________________________ Notary Public A-1 Error! Unknown document property name. EXHIBIT A FORM OF CERTIFICATE OF COMPLETION The undersigned hereby certifies that ____________________________, has fully and completely complied with its obligations under that document entitled “Contract for Private Development”, between the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota and ________________________ dated ___________________________, filed ___________________________ as Document No. ____________________ (the “Contract”) with respect to the construction of the approved construction plans at ________________________, legally described as _____________________________ and is released and forever discharged from its obligations under such Contract. DATED: ___________________ THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY RICHFIELD By: __________________________________ Its: Executive Director STATE OF MINNESOTA ) ) SS COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ____ day of _______________, 20__, by _________________________ the Executive Director of the Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of the State of Minnesota on behalf of the public body corporate and politic. ________________________________ Notary Public This instrument was drafted by: Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402-1299 (612) 337-9300 B-1 401253v11 CBR RC125-65 Error! Unknown document property name. EXHIBIT B PROGRAM GUIDELINES – LOT SALE PROGRAM RICHFIELD REDISCOVERED PROGRAM GUIDELINES LOT SALE PROGRAM REVISED: April 23, 2013 B-2 Error! Unknown document property name. CONTRACT FOR PRIVATE DEVELOPMENT ............................................................................................ 1 I. PROGRAM OBJECTIVES......................................................................................................................... 3 II. DEFINITIONS ........................................................................................................................................... 3 III. PROGRAM BASICS ................................................................................................................................ 3 IV. APPLICATION REQUIREMENTS .......................................................................................................... 4 V. ADDITIONAL PROGRAM REQUIREMENTS.......................................................................................... 4 VI. HOUSE DESIGN AND SITE DEVELOPMENT REQUIREMENTS ........................................................ 5 A. New House Standards ....................................................................................................................... 5 B. Site Standards .................................................................................................................................... 6 C. Construction Requirements .............................................................................................................. 6 D. General Standards ............................................................................................................................. 6 E. Green Community Concepts ............................................................................................................. 7 VII. CITY REVIEW PROCEDURE ................................................................................................................ 8 VIII. LOT SALE TO BUILDER OR BUYER .................................................................................................. 8 IX. PROGRAM MARKETING ....................................................................................................................... 9 X. DATA PRIVACY ....................................................................................................................................... 9 B-3 Error! Unknown document property name. This document has been developed as a guidance tool for program administration. It should not be interpreted as constituting any contractual agreement or liability by the City or Housing and Redevelopment Authority (HRA). The HRA may modify or divert from the guidelines where it deems appropriate. I. Program Objectives 1. To remove substandard, functionally obsolete housing on scattered sites throughout the City and replace with new, higher-valued housing. 2. To eliminate the blighting influence of substandard housing, thus improving residential neighborhoods. 3. To alleviate the shortage of housing choices for families. 4. To facilitate the construction of larger three- to four-bedroom, owner-occupied homes designed for families. 5. To facilitate the construction of multi-unit, owner-occupied homes designed to expand family opportunities or to serve elderly residents. These objectives will be achieved through the sale of lots by the Housing and Redevelopment Authority to Builder/Buyer teams for the development of newly constructed homes. II. Definitions Applicant: An individual who submits an application for a Richfield Rediscovered lot. The Applicant may be a Builder or the end Buyer. If the Applicant is a Builder, an end Buyer should be identified. If the Applicant is the Buyer, the Applicant must submit a signed contract between the Builder and the Buyer to build a home on the lot identified in the application. Buyer: An individual(s) who will build, own and occupy a new housing unit in Richfield. The Buyer will occupy the property and not offer it for rent. The Buyer may not also function as the Builder on a Richfield Rediscovered project. The Buyer and Builder must be unrelated separate legal entities. A speculative project by a Buyer may be considered if all other program requirements can be met. However, neither the Buyer, the Buyer’s Builder or Builder’s subcontractors, or the Builder’s realty agents may occupy or purchase the property. Buyers, unless licensed in the trade specified, may not put any sweat equity into the construction of the foundation, wall/roof framing, shingling, exterior work, electrical/plumbing/HVAC systems or interior carpentry. Builder: the Builder who has signed a contract with the Buyer to build a home on the lot identified in the application. Contract for Private Development: A contract between the HRA and the Builder or Buyer that establishes the conditions under which the lot will be sold and the proposed house will be developed. Green Community Concepts Plan: A written plan indicating how the proposed development will incorporate green building features and concepts. Priority will be given to projects that incorporate green building features. HRA: Housing and Redevelopment Authority in and for the City of Richfield. Lot List: A listing of available lots for sale. Information regarding the lot location, size and sale price is provided. III. Program Basics 1. HRA publishes a list of available vacant lots for purchase including sale price and development criteria. 2. Builder/Buyer team proposes a plan for a lot consistent with development criteria and program requirements and makes an offer to purchase. 3. HRA approves lot sale. 4. Lot is sold to Builder or Buyer. 5. Builder constructs new home. 6. Projects must be completed within one year of HRA approval of the project. B-4 Error! Unknown document property name. IV. Application Requirements The following must be submitted for application to the program: 1. $525 application fee An application fee must be paid at the time of application. This fee is non-refundable and is not part of the lot price. 2. Application Form 3. Blueprints The layout of all levels, including basement and unfinished space, must be provided. 4. Elevations Elevations of all four sides of the house, including view of garage shall be provided. Colored renderings may also be required. 5. Site plan The site plan shall indicate the location of the new house, walkways and garage. 6. Landscaping plan A landscaping plan must indicate the location and type of trees, shrubbery, flowers and landscaping materials (e.g. rocks, mulch) and any existing trees to be preserved. 7. Detail of construction materials to be used on the project. 8. Green Community Concepts Plan The plan should indicate what Green Community Concepts will be incorporated into the project. 9. Construction timeline Construction must be completed with one year of the purchase of the property. 10. Signed contract with Builder 11. Purchase agreement If the Builder plans to purchase the lot, the application must include a valid purchase agreement between the Buyer and the Builder for the lot to be developed. 12. Financial capability statement A statement from a financial institution indicating willingness to provide sufficient construction capital to complete the project must be provided. 13. Builder References a. Five previous customers b. Three major suppliers, one being the construction supplier c. Building inspectors from two cities where the Builder has constructed new housing within the past three years 14. Proof of Builder’s Comprehensive General Liability with Property Damage Protection. 15. Proof of sufficient worker’s compensation insurance coverage by the Builder. 16. Written warranty program To be provided to the Buyer, which guarantees at a minimum, warranted repairs as required by Minnesota State Statute. V. Additional Program Requirements B-5 Error! Unknown document property name. 1. The Applicant is expected to meet with an architectural/design consultant prior to submitting an application. A two-hour consultation is available through the HRA at a cost of $25 to the applicant. See the City’s website (www.cityofrichfield.org) for more information. This requirement may be waived if the applicant is using an architect for the project. 2. The site will be sold to the Builder or Buyer at the fair market value as appears on the Lot List. The HRA will not accept offers for less than the established sale price. 3. A Contract for Private Development is signed by the HRA and the Builder or the Buyer. The Contract is a standard form which includes conditions for acquisition and development of the property. The Contract will also establish a minimum required end-value for the property based on construction estimates provided by the applicant. The Builder or Buyer will be expected to agree to the terms of the Contract before the application can be scheduled on the HRA agenda. 4. All lots will have a required minimum end value that will be established in the Contract for Private Redevelopment. 5. The lot can be sold to either the Builder or the Buyer. If the lot is sold to the Builder, the Builder will pay cash for the lot at closing and submit a Letter of Credit or cash escrow for $10,000. The Letter of Credit must be from a financial institution incorporated in the Twin Cities metropolitan area. The cash escrow will be held in a non-interest bearing account. The Letter of Credit or cash escrow will be released once the construction and landscape work are completed and a final Certificate of Occupancy is issued. 6. If the lot is sold to the Builder and the Builder fails to complete construction as approved by the HRA, the Letter of Credit or cash escrow may be drawn upon by the HRA. In addition, the Contract for Private Development will contain a reverter provision, which will enable the HRA to reclaim ownership of the property in the event of a default in the Contract. In the event that the Builder fails to complete construction, the HRA may exercise its rights under the reverter provision, as well as draw upon the Letter of Credit or cash escrow. 7. If the lot is sold to the Buyer, the Buyer will pay cash for the lot at closing and a $10,000 mortgage in favor of the HRA will be filed on the property. The mortgage will be in first position. The HRA may consider subordinating its interest in appropriate cases. 8. If the lot is sold to the Buyer and the Buyer fails to complete construction as approved by the HRA, the HRA may exercise its rights provided in the mortgage. VI. House Design and Site Development Requirements The development of all sites shall meet the development criteria listed below, as reviewed and approved by the HRA. To maximize the development of a given lot, the HRA reserves the right to explore all development options without obligating the HRA to support any specific proposal, idea or solicitation. Housing design is a critical element of the program. Siding materials, exterior façade presentation, roof, window, siding and building line variability, finished landscape, interior space function and use are all important issues of design to the HRA. The design requirements were created to ensure that the homes built on the HRA-sold lots blend in with the surrounding neighborhood and respond to the specific concerns of the HRA. All new houses built under the Richfield Rediscovered Program must meet the requirements of the City’s Zoning Code and additional criteria, as listed in this document. A. New House Standards 1. New dwelling must be owner-occupied. 2. Three finished bedrooms are required. 3. Two finished bathrooms are required. B-6 Error! Unknown document property name. 4. Two-car garage is required. 5. A full basement is required, unless the selected design results in a split-level or a garden-level type of basement. In the case of an “accessible” house, a basement may be omitted if it would otherwise prohibit accessible design elements. B. Site Standards 1. After construction, the site must be fully landscaped, including plantings around the foundation. The entire grounds shall be landscaped and be aesthetically pleasing in all seasons. Land forms and plant materials shall be used to define the site and blend neatly with adjoining properties. Specific lot line blending requirements may be required, as appropriate, for specific sites. At a minimum, the applicant must meet the “Landscaping and Screening Requirements” in the City’s Zoning Code under Section 544.03, Subd. 4, General landscaping requirements and Subd. 5, Residential sites. The code is available on the City’s website: http://www.ci.richfield.mn.us To the greatest extent possible, existing trees should be preserved. Any trees removed must be replaced (they do not have to be the same species or in the same location) and should be labeled on the required landscape plan. 2. Utility meters shall be screened from street view and locations must be specified on plans. 3. Site drainage should be accommodated on the site so that water is directed away from the new home and the neighboring properties. Neighboring properties must not be disturbed by the creation of drainage swales. Specific storm water management requirements may be required, as appropriate, including the addition of gutters or on-site management for specific sites. Construction and the finished structure must not have a detrimental impact on storm water drainage patterns in the neighborhood. 4. All air conditioning units must be located in the rear yard of the house, or as approved by the HRA. C. Construction Requirements 1. Existing trees identified on the landscape plan as being preserved, must be protected during construction. A tree wrap with board reinforcements shall be used on trees directly adjacent to active grading and construction areas. Damaged or destroyed trees must be replaced. 2. The construction site, neighboring properties and adjacent public streets shall be kept free of construction debris at all times. 3. No construction workers, construction equipment or construction material shall encroach upon neighboring properties. 4. The property shall have a new sanitary service line installed to the City sanitary sewer main consisting of schedule 40 PVC or equivalent. If there is an existing 6" sewer stub at the property line, it must be lined with 4" schedule 40 PVC or equivalent to the City’s sanitary main, and it must include a "donut" at the end with cement. The line must be televised after installation to ensure the following: 1. There are no obstructions in the line. 2. The PVC liner is not protruding into the City’s sanitary sewer main line. D. General Standards B-7 Error! Unknown document property name. 1. The value of the new home must meet or exceed the minimum value specified in the Contract for Private Redevelopment. 2. All homes in the Richfield Rediscovered Program must be stick-built or high-quality modular, new construction. 3. Exterior materials (siding, soffit, doors and windows) should be low-maintenance and durable. Brick, aluminum, vinyl and fiber cement siding are preferred. Natural cedar lap is acceptable if properly stained or painted. Hardboard panels or hardboard lap siding are prohibited. Roof valleys must have metal valleys and not be woven. 4. Unit height and mass of the new house shall be compatible with the scale of the surrounding homes in the neighborhood. 5. Plans must present a balanced and pleasing distribution of wall, door and window areas from all views. 6. The dominance of the garage door must be minimized through placement, architectural detail, door design and utilization and design of windows. Garages, where the garage door faces the street, shall not be located closer to the front lot line than the foremost facade of the principal building facing the front property line. Garage sidewalls that face the street should appear to contain habitable space. This can be accomplished by incorporating windows and other design elements into the garage wall that are in character with the remainder of the dwelling. For lots that have alley access, the garage should be oriented to access the alley. 7. All building plans must have been prepared in consultation with an architect or qualified draftsperson. All requirements by the Building Inspections Division must be met. 8. All Richfield Rediscovered houses must meet or exceed Minnesota Energy Code requirements. 9. All new homes shall be built to provide high quality sound insulation. Recommendations for sound insulation measures may be provided on a site-by-site basis. All construction must conform to current sound attenuation building standards for properties located within the 1996 65+ and/or 2007 63-64 DNL contours. In cases where sound attenuation standards are required and an increase in costs can be documented, the HRA may consider a reduction in the price of the lot in an amount equal to 75 percent of the cost of sound attenuation measures up to a maximum of $7,500. 9. If a variance is required to construct the proposed development, the HRA may, at its sole discretion, choose to reject the application. 10. If the HRA accepts an application that needs a variance(s), sale of the property will be contingent upon the applicant obtaining the necessary variance(s). The Applicant is responsible for applying for the variance(s) at its own expense. The HRA, as owner of the property, will, however, cooperate with the application. E. Green Community Concepts Priority will be given to projects incorporating the green community concepts listed below. Any concepts the applicant would like considered during the application process should be explained in a written plan submitted with the application. A $5,000 rebate will be provided to the Applicant for projects that obtain certification through LEED for Homes, Minnesota GreenStar or Minnesota Green Communities. 1. Protect and conserve water and soil. To reduce water consumption, consider the use of water-conserving appliances, fixtures, and landscaping. Steps should be taken to minimize the loss of soil and sediment during construction and occupancy to reduce storm-water sediment and air pollution. 2. Minimize energy consumption. Reduce energy consumption by taking advantage of natural heating, cooling and day lighting, and by using energy-efficient appliances, equipment and lighting. B-8 Error! Unknown document property name. 3. Enhance indoor environmental quality. Use non-toxic materials, ventilation and exhaust systems, and moisture control products and systems. 4. Use environmentally-preferable materials and resources. Use locally-produced, salvaged and/or manufactured materials, products with recycled content or from renewable sources, recyclable or reusable materials, and low-VOC-emitting materials. 5. Reduce waste. Reduce and manage wastes generated during the construction process and operation of buildings. If demolition occurs, sort and recycle leftover materials and debris. VII. City Review Procedure 1. Applicant reviews proposed project with HRA staff before plans are finalized. 2. Applicant submits application, plans, and application fee at least 45 days prior to the HRA meeting. 3. An application is considered to be received when delivered personally to HRA staff in a pre-arranged meeting. Following this meeting and upon receipt of the application fee, the lot will be considered reserved and no additional applications will be accepted for the proposed lot while the application is under review. 4. If an application is determined to be incomplete, the applicant will have 30 days to submit a complete application. If a complete application is not received within 30 days, the application will be rejected and the lot will be made available for new applications. 5. HRA staff review application to ensure conformance with House Design and Site Development Requirements. 6. HRA staff may reject or accept an application at its sole discretion. 7. The Builder or Buyer executes a Contract for Private Redevelopment. 8. An application is determined to be complete and the Contract executed at least three weeks prior to the HRA meeting. 9. HRA staff publishes a legal notice of the public hearing and prepares a report and recommendation for the HRA. 10. HRA reviews application, conducts a public hearing, and takes action at the HRA meeting. 11. If approved, the Contract for Private Redevelopment is executed by the HRA. VIII. Lot Sale to Builder or Buyer 1. Upon approval of the application by the HRA, a closing will be scheduled between the HRA and the Builder or Buyer. 2. The HRA will prepare all statements, affidavits, documents, and general release forms required for closing. 3. The Builder applies for a building permit prior to closing. The Builder is responsible for acquiring the necessary building permits with the City of Richfield Building Inspections Division. If changes to the plans are required by the Inspections Division, the applicant must notify HRA staff. 4. The Applicant provides evidence to HRA staff that all requirements to proceed with construction, as determined in the Contract for Private Redevelopment, have been met. 5. The HRA conveys the property to the Builder or Buyer by Quit Claim Deed. The site will be sold to the Builder or Buyer at the fair market value as appears on the Lot List. B-9 Error! Unknown document property name. 6. At closing with the Builder, the Builder provides a Letter of Credit or cash escrow for $10,000 to the HRA. 7. At closing with the Buyer, the Buyer signs a mortgage and promissory note for $10,000 in favor of the HRA. 8. Upon completion of the project, the Letter of Credit or cash escrow is released to the Builder or the Buyer’s mortgage is released. A Certificate of Completion is executed by the HRA, releasing the obligations of the Contract for Private Redevelopment. IX. Program Marketing Richfield Rediscovered program marketing is entirely at the discretion of the HRA. It may include the following: 1. Buyer Solicitation. The HRA may market the program to potential Buyers through promotional articles, direct mail, the Internet, or other methods as deemed appropriate. Buyers may be any financially capable individual or household, including first-time buyers, move-up buyers or empty-nesters. 2. Public Promotion. a. The HRA will periodically provide information about the program through articles in city publications, on the City’s web site, on the Community Cable channel, or via press releases to promote community awareness. b. A public open house may be held to provide an opportunity for residents and other interested parties to collectively view the finished homes. The Parade of Homes Fall Showcase and Spring Preview may also accomplish this. A program information package will be mailed to all interested participants. The information packet may include the following: 1. Lot List 2. Richfield Rediscovered Lot Sale Procedural Guidelines 3. Application Form 4. Sample Contract for Private Redevelopment X. Data Privacy All information secured through the program is subject to the Data Privacy Act. C-1 Error! Unknown document property name. EXHIBIT C QUIT CLAIM DEED Deed Tax Due: $__________ ECRV ___________________ Date: ____________________ FOR VALUABLE CONSIDERATION, Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of the State of Minnesota, Grantor, hereby conveys and quit claims to _____________________, a _______________ under the laws of the State of ____________, Grantee, real property in Hennepin County, Minnesota, described as follows: , according to the map or plat thereof on file or of record in the office of the Hennepin County Recorder. This deed is subject to that certain Contract for Private Development between Grantor and Grantee, dated __________________, 20__ (the “Contract”), recorded in the office of the Hennepin County Recorder/Registrar of Titles. The Contract provides that the Grantee’s rights and interest in the real property described above are subject to the Grantor’s right to re-enter and revest in Grantor title to the Property under conditions specified therein, including but not limited to termination of the Grantor’s right to re-enter and revest upon issuance of a Certificate of Completion as defined in the Contract. together with all hereditaments and appurtenances. The Seller certifies that the Seller does not know of any wells on the described real property. A well disclosure certificate accompanies this document or has been electronically filed. (If electronically filed, insert WDC number: __________________). I am familiar with the property described in this instrument and I certify that the status and number of wells on the described real property have not changed since the last previously filed well disclosure certificate. Housing and Redevelopment Authority in and for the City of Richfield By ______________________________ Its Chairperson By ______________________________ Its Executive Director C-2 Error! Unknown document property name. STATE OF MINNESOTA } ss. COUNTY OF HENNEPIN The foregoing was acknowledged before me this ____ day of _______, 20__ by _____________________, the Chairperson of the Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of Minnesota, on behalf of the corporation, Grantor. ________________________________ NOTARY STAMP SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT STATE OF MINNESOTA } ss. COUNTY OF HENNEPIN The foregoing was acknowledged before me this ____________ day of _______, 20__, by ________________, the Executive Director, of Housing and Redevelopment Authority in and for the City of Richfield, a public body corporate and politic under the laws of the State of Minnesota, on behalf of the corporation, Grantor. ________________________________ NOTARY STAMP SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT This instrument was drafted by: Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402-1299 (612) 337-9300 Tax Statements should be sent to: D-0 Error! Unknown document property name. EXHIBIT D WELL DISCLOSURE The Seller certifies that the seller does not know of any wells on the described real property. A well disclosure certificate accompanies this document [form attached] or has been electronically filed. (If electronically filed, insert WDC number: __________________). The status and number of wells on the described real property have not changed since the last previously filed well disclosure certificate. D-1 Error! Unknown document property name. D-2 Error! Unknown document property name. D-3 Error! Unknown document property name. D-4 Error! Unknown document property name.