Loading...
071910 agenda packetCITY OF RICHFIELD, MINNESOTA MONDAY, JULY 19, 2010 REGULAR HOUSING AND REDEVELOPMENT AUTHORITY MEETING RICHFIELD CITY HALL COUNCIL CHAMBERS 6700 PORTLAND AVENUE 7:00 P.M. AGENDA Call to order Roll call 1. Approval of minutes of Regular HRA Meeting of-June 21, 2010 2. HRA approval of agenda 3. Consideration of resolution identifying need for Livable Communities Demonstration Account Funding and authorizing application for grant funds for Woodlake Plaza housing redevelopment project Staff Report No. 24 Notes: 4. Consideration of sale of garage at 1407 East 66th Street to Offing House Movers Staff Report No. 25 Notes: 5. Executive Director report Notes:. 6. Claims and payroll Adjournment 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. J HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting June 21, 2010 CALL TO ORDER The meeting was called to order by Chair Sandahl at 7:00 p.m. ROLL CALL HRA Members Present: Sue Sandahl, Chair; Doris Rubenstein and Steven Quam. HRA Members Absent: Joan Helmberger and David Gepner. Staff Present: Steven L. Devich, Executive Director; John Stark; Community Development Director; Karen Barton, Community Development Manager; and Cheryl Krumholz, Recording Secretary. Item #1 APPROVAL OF MINUTES OF (1) SPECIAL HRA/PLANNING COMMISSION WORKSESSION OF MAY 17, 2010; (2) REGULAR HRA MEETING OF MAY 17, 2010; ANI~ (3) SPECIAL HRA/CITY COUNCIL/PLANNING COMMISSION WORKSESSION OF JUNE 8, 2010 M/Rubenstein, S/Quam to approve the minutes. Motion carried 3-0. Item #2 HRA APPROVAL OF AGENDA M/Quam, S/Rubenstein to approve the agenda. Motion carried 3-0. Item #3 CONSENT CALENDAR A. Approval of resolution authorizing HRA not to waive monetary limits on statutory municipality tort liability established by MN Statutes 466.04 S.R. No. 20 HRA Meeting -2- June 21, 2010 HRA RESOLUTION NO. 1074 RESOLUTION AFFIRMING MUNICIPAL TORT LIABILITY LIMITS ESTABLISHED BY MINNESOTA STATUTES 466.04 This resolution appears as HRA Resolution No. 1074. B. Approval of right-of-entry agreement with Michael Development related to HRA owned property at 515 West 64th Street S:R. No. 21 M/Rubenstein, S/Quam to approve the Consent Calendar. Motion carried 3-0. Item #4 CONSIDERATION OF PROPOSED PRELIMINARY AGREEMENT WITH SHERMAN ASSOCIATES FOR REDEVELOPMENT OF 301 WEST 77TH STREET, VACANT CANDLEWOOD PARCEL S.R. NO. 22 Community Development Director Stark presented Staff Report No. 22. Ryan Sailor, Sherman Associates, clarified the rental rates for the'four units designated for families transitioning from homelessness. Commission Rubenstein stated she understood the need to have a partnership indicating local financial support to apply for the MHFA funding. Community Development Stark explained the preliminary agreement does not address the donation of the HRA-owned land but rather that the HRA is in exclusive discussions with Sherman Associates and grants them right-of-way to the property. Mr. Stark also explained the 2005 appraisal of the property and suggested a new appraisal be done to obtain a more current value. Commission Quam expressed concern regarding the developer proceeding with the Phase II portion of the proposed redevelopment. Mr. Stark explained the preliminary agreement does not include Phase II but the final development agreement could address mechanisms to leverage the completion of that portion. Also, the preliminary agreement would terminate earlier than one year if no funding was obtained. M/Sandahl, S/Rubenstein to approve the proposed preliminary agreement with Sherman Associates for redevelopment of 301 West 77th Street vacant Candlewood parcel. Motion carried 3-0. Item #5 DISCUSSION REGARDING PROPOSED WOODLAKE HOUSING DEVELOPMENT, 64TH STREET AND LYNDALE AVENUE Community Development Director Stark provided an update on the proposed development. He also discussed the estimated market value and tax increment financing impacts. Item #6 CONSIDERATION OF GUIDELINES FOR HRA FUNDED PENN AVENUE STREETSCAPE IMPROVEMENTS GRANTS PROGRAM S.R. NO. 23 HRA Meeting -3- June 21, 2010 Community Development Manager Barton presented Staff Report No. 23. HRA Commissioners discussed communication efforts, establishing incentives, and maintaining streetscape consistency. They also encouraged the Chamber of Commerce's participation in promoting the program. Ms. Barton stated the design guidelines for the Perin Central Corridor address the streetscape uniformity. M/Quam, S/Rubenstein to approve the guidelines for the HRA-funded Penn Avenue streetscape Improvements Grants Program. Motion carried 3-0. Item #7 EXECUTIVE DIRECTOR REPORT Executive Director Devich stated the proposed O'Reilly Auto Parts, 1120E 66th Street (the former King Oscar site), has opted to forego pursuing the site at this time because it is too small for the size of building they require. Item #8 CLAIMS AND PAYROLL M/Rubenstein, S/Quam that the following claims and payrolls be approved: U.S. Bank 06/21/2010 Section 8 Checks: 119036 - 119162 HRA Checks: 30914 - 30935 TOTAL Motion carried 3-0. ADJOURNMENT The meeting-was adjourned by unanimous consent at 7:37 p.m. Date Approved: $ 158,081.20 $ 153, 913.89 $311,995.09 Suzanne M. Sandahl Chair Cheryl Krumholz Recording Secretary Steven L. Devich Executive Director AGENDA ITEM # 3 REPORT # 24 J STAFF REPORT HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 19, 2010 REPORT PREPARED BY: REPORT PRESENTER: JOHN STARK, COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE JOHN STARK, COMMUNITY DEVELOPMENT DIRECTOR TITLE ACTING DEPARTMENT DIRECTOR REVIEW: REVIEWED BY EXECUTNE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of a resolution identifying the need for Livable Communities Demonstration Account Funding and authorizing an application for grant funds for the Woodlake Plaza housin redevelopment project. I. RECOMMENDED ACTION: By Motion: Adopt a resolution identifying the need for Livable Communities Demonstration Account Funding and authorizing an application for grant funds for the Woodlake Plaza housing redeveloament aroiect. II. BACKGROUND The prospective developers of the housing redevelopment project at the current Woodlake Plaza site have identified an opportunity to seek grant funds from the Metropolitan Council's Livable Communities Demonstration Account (LCDA). They are proposing that the Housing and Redevelopment Authority (HRA) act as the official applicant for a grant application in the amount of $352,000 for Stormwater Management ($190,000), Public Infrastructure Reconstruction ($155,000) and Bicycle Storage ($7,000). 07192010 Woodlake Plaza LCDA In the absence of these grant funds, the stormwater management and infrastructure reconstruction costs would be borne by the developer. If borne by the developer these costs, however, could have an impact on the overall financial feasibility of the project and/or the ability to provide rent rates which are appropriate for the units and meet the requirements of a Housing Redevelopment District. In regard to the bicycle storage, without grant funds this item could be omitted from the development unless other cost reductions can be achieved in the project. It is staff's conclusion, therefore, that application for these grant funds is in the best interest of the HRA. III. BASIS OF RECOMMENDATION A. POLICY • The HRA is an eligible applicant for LCDA funds. It is appropriate to seek grant funding for projects that further the goals of the HRA; including provision of affordable housing and replacement market-rate housing. B. CRITICAL TIMING ISSUES • The Metropolitan Council requires a resolution of support by August 19, 2010 in order to consider the grant application in the 2010 funding cycle. C. FINANCIAL • The Development Agreement that the HRA is scheduled to consider in August or September wilt address any financial impact of the receipt of grant funds on the availability of Tax Increment Financing (TIF) financing. It is likely, however, that the receipt of grant funds would not commensurately reduce the need for TIF funding as a financing gap had been identified by the developer even with the available TIF. D. LEGAL • Legal staff is aware of the grant application and is considering its ramifications in the drafting of the development agreement (see above). IV. ALTERNATIVE RECOMMENDATION(S~ • Approve a resolution for the application for grant funds in a different amount or for different uses; • Do not approve the attached resolution. V. ATTACHMENTS • Resolution VI. PRINCIPAL PARTIES EXPECTED AT MEETING • N/A .~ -/ RESOLUTION NO. RESOLUTION IDENTIFYING THE NEED FOR LIVABLE COMMUNITIES DEMONSTRATION ACCOUNT FUNDING AND AUTHORIZING AN APPLICATION FOR GRANT FUNDS WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield (Richfield HRA) is a participant in the Livable Communities Act's Housing Incentives Program for 2010 as determined by the Metropolitan Council, and is therefore eligible to apply for Livable Communities Demonstration Account funds; and WHEREAS, the Richfield HRA has identified a proposed project within the City of Richfield that meets the Demonstration Account's purposes and criteria and is consistent with and promotes the purposes of the Metropolitan Livable Communities Act and the policies of the Metropolitan Council's adopted metropolitan development guide; and WHEREAS,. the Richfield HRA has the institutional, managerial and financial capability to ensure adequate project administration; and WHEREAS, the Richfield HRA certifies that it will comply with all applicable laws and regulations as stated in the grant agreement; and WHEREAS, the Richfield HRA agrees to act as legal sponsor for the project contained in the grant application submitted on July 19, 2010; and .WHEREAS, the Richfield HRA acknowledges Livable Communities Demonstration Account grants are intended to fund projects or project components that can serve as models, examples or prototypes for development or redevelopment projects elsewhere in the region, and 'therefore represents that the proposed project or key components of the proposed project can be replicated in other metropolitan-area communities; and WHEREAS, only a limited amount of grant funding is available through the Metropolitan Council's Livable Communities Demonstration Account during each funding cycle and the Metropolitan Council has determined it is appropriate to allocate those scarce grant funds only to eligible projects that would not occur without the availability of Demonstration Account grant funding. NOW THEREFORE BE IT RESOLVED, that, after appropriate examination and due consideration, the governing body of the Richfield HRA: 1. Finds that it is in the best interests of the HRA's development goals and priorities for the proposed project to occur at this particular site and at -this particular time. 2. .Finds that the project component(s) for which Livable Communities Demonstration Account funding is sought: '~ "- rvL (a) will not occur solely through. private or other public investment within the reasonably foreseeable future; and (b) will not occur within two years after a-grant award unless Livable Communities Demonstration Account funding is made available for this project at this time. 3. Represents that the Richfield HRA has undertaken reasonable and good faith efforts to procure funding for the project component for which Livable Communities Demonstration Account funding is sought but was not able to find or secure from other sources funding that is necessary for project component completion within two years and states that this representation is based on the following reasons and supporting facts: List reasons and supporting facts here: 1) The proposed project fulfills two primary goals of the Richfield HRA in that it would provide both: 1) affordable housing, and; 2) market-rate replacement housing; 2) A financing gap for the project has been identified that, unless additional funds are identified, would render the project infeasible; 3) The Richfield HRA and City of Richfield have agreed to provide Tax Increment Financing (TIF) -but the amount of TIF available may be insufficient to eliminate the financing gap. 4. Authorizes its Community Development Director to submit on behalf of the Richfield HRA an application for Metropolitan Council Livable Communities Demonstration Account grant funds for the project component(s) identified in the application, and to execute such agreements as may be necessary to implement the project on behalf of the City. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 19th day of July, 2010. Suzanne M. Sandahl, Chair ATTEST: Joan Helmberger, Secretary AGENDA ITEM # ~+ REPORT # 2S J STAFF REPORT HOUSING AND REDEVELOPMENT AUTHORITY MEETING JULY 19, 2010 REPORT PREPARED BY: REPORT PRESENTER: ACTING DEPARTMENT DIRECTOR REVIEW: KAREN BARYON, ASSISTANT COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE KAREN BARYON, ASSISTANT COMMUNITY DEVELOPMENT DIRECTOR NAME, TITLE _ TURF REVIEWED BY EXECUTNE DIRECTOR: ITEM FOR HRA CONSIDERATION: Consideration of approval of sale of garage at 1407 East 66th Street to Offing House Movers,. I. RECOMMENDED ACTION: By Motion: Authorize sale of garage at 1407 East 66th Street to Otting House Movers. II. BACKGROUND In March the Richfield Housing and Redevelopment Authority (HRA) purchased the property located at 1407 East 66th Street. The property was a foreclosure with extensive freeze damage, consisting of an uninhabitable single-family house and a single-car garage. In May staff was approached by a party interested in purchasing and moving the garage on this property utilizing Offing House Movers (Otting). Staff contacted three house moving companies, including Offing, requesting bids to purchase and move the garage. Otting's bid came in at $50. Neither of the other two companies submitted bids. The sale and removal of the garage would benefit the HRA in several ways: 07192010 Sale of Garage at 1407E 66th Street • The removal of the garage will reduce. the future demolition costs; • The HRA will receive $50 in sale proceeds; • The removal of the garage will reduce vandalism opportunities on the property; and • The removal of the garage will reduce future maintenance costs for the property. Based on this information, staff is recommending the HRA approve the sale of the garage to Otting for $50. III. BASIS OF RECOMMENDATION A. POLICY • It is prudent to reduce and recoup costs as practicable. B. CRITICAL TIMING ISSUES • Otting desires to move the building as soon as possible. C. FINANCIAL • The HRA will receive $50 in sale proceeds. D. LEGAL • Otting will be required to sign aRight-of-Entry Agreement with the HRA. IV. ALTERNATNE RECOMMENDATION~S~ • Do not approve the sale. V. ATTACHMENTS • Photos of property and garage VI. PRINCIPAL PARTIES EXPECTED AT MEETING • N/A ~-1-/ ~~~ ~~ x ~- ~. :~ ~;. ~+ ~~ ~~. ,~ y~ ~, 07192010 Sale of Garage at 1407E 66th Street <...t - 2 ~-fL-J~C_lC !~<_ x= . , ,4, ` M1