11-20-1989 HRACITY OF RICHFIELD, MINNESOTA
CONCURRENT CITY COUNCIL/
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
NOVEMBER 20, 1989
HRA MEMBERS PRESENT: Thomas Harms, Chairman; Joan Helmberger;
Ivan Ludeman; Edwina Garcia; and Vern
Luettinger.
CITY COUNCIL MEMBERS
PRESENT: Steven Quam, Mayor; Edwina Garcia; Ivan
Ludeman; Martin Kirsch; and Michael
Sandahl.
STAFF PRESENT: James Prosser, City Manager; Steven Devich,
Acting City Clerk; Byron Wallace, Community
Development Director; Jack Erskine, Public
Safety Director; and John Dean, City
Attorney.
The concurrent City Council/HRA meeting was called to order by
Mayor Quam at 7:00 p.m.
Item #1 CONSIDERATION OF A RESOLUTION AUTHORIZING THE EXECUTION
OF AN AGREEMENT WITH THE RICHARD LARSEN PARTNERS, INC.
DEVELOPERS. C.L. NO. 264 AND HRA LETTER N0. 33
Ke11y Doran, Robert Larsen Partners, Inc. made a brief
presentation of the proposed project for the ILN redevelopment
area.
Council Member Sandahl asked for the timeframes of the four
phases in the project.
Mr. Doran responded that the retail phase will be completed
Spring, 1991; the first office building in 1992, and the second
office building in 1994. He indicated the hotel would be
completed sometime in between. Mr. Doran said that these were
tentative dates based on estimated market conditions.
Executive Director Prosser reviewed Council Letter No. 264
and HRA Letter No. 33 regarding City Council and HRA
consideration of an Exclusive Rights Agreement with Robert Larsen
Partners, Inc. for a portion of the ILN Redevelopment area.
Mayor Quam asked that the following two points be of record:
1. Confidentiality of data including financial statements,
traffic, and special studies done by the developer will
be honored to the extent possible as long as the
information is not needed to make a decision. After
that point, some of the data could be public.
2. That this agreement granting the right to negotiate for
a specified period of time is not approval of the
project.
Concurrent City Council/HRA Minutes -2- November 20, 1989
Chairman Harms suggested an agreement trust to set out time
deadlines for various phases of the project.
Commissioner Luettinger stated concern that developer cannot
continually return to the City Council/HRA for additional
financial assistance. ;
General discussion followed concerning staff responsibility
for careful scrutiny of the financial capability of the developer
at each step in the process, especially in the initial stages.
M/Kirsch, S/Sandahl that the fallowing resolution be
adopted; that it be spread in the resolution book and that it be
made part of these minutes:
RESOLUTION N0. 7565
THE CITY COUNCIL OF THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION RELATING TO THE APPROVAL OF AN AGREEMENT
WITH THE ROBERT LARSEN PARTNERS, INC.
Motion carried 5-0. This resolution appears as Resolution
No. 7565 in Resolution Hook No. 58.
M/Ludeman, S/Helmberger that the following resolution be
adopted; that it be spread in the resolution book and that it be
made part of these minutes:
RESOLUTION NO. 365
THE HOUSING AND REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF RICHFIELD, MINNESOTA
HRA RESOLUTION RELATING TO THE APPROVAL OF AN AGREEMENT
WITH THE ROBERT LARSEN PARTNERS, INC.
Motion carried 5-0. This resolution appears as HRA
Resolution No. 365 in Resolution Book No. 3.
ADJOURNMENT
The concurrent City Council/HRA Meeting wa adjour d
unanimous consent at 7:25 p.m.
Date proved: 12/18/89
n L. Devic
Acting City Clerk
/~ c
Steven J.
Mayor
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s D. Prosser
Manager