01-14-1980s
HOUSING AND REDEVELOPMENT AUTHORITY
OF RICHFIELD, MINNESOTA
Regular Meeting of January 14, 1980
The Housing and Redevelopment Authority of the City of Richfield met in regular
session in the council chambers of the city hall on January 14, 1980 at 10:50 p.m.
The meeting was called to order by Acting Chairman Donald J. Priebe.
Present: Collins, Luettinger, Priebe, Bunce, Ludeman _
1. Minutes
Motion by Ludeman, seconded by Luettinger that the minutes of the December 27,
1979 HRA meeting be approved as submitted.
2. Election of Officers
Election of officers for the year 1980 was held in accordance with the
• by-laws of the Housing and Redevelopment Authority.
Motion by Ludeman, seconded by Luettinger to elect Donald J. Priebe to
the office of Chairman of the HRA.
A11 ayes - Carried.
Motion by Bunce, seconded by Luettinger to elect Janita Collins to the
office of Vice-Chairman of the HRA.
A11 ayes - Carried.
Motion by Bunce, seconded by Luettinger to re-.elect Vern Luettinger to
serve as Secretary of the HRA.
All ayes - Carried.
Chairman Priebe and Commissioner Bunce both indicated they wished to go
on record that they will be taking no income for serving on the HRA, and will
be endorsing their checks back to the City.
3. Public Hearing on Disposition of Property - Lyndale Fruit and Vegetable Market,
Inc.
Karl Nollenberger, Executive Director, reviewed the background of the
proposed redevelopment of Lyndale Fruit and Vegetable Market, Inc. This re-
development includes rehabilitation and expansion at the present location.
The expansion would necessitate HRA purchase and resale of the Adams property
HRA Meeting Minutes -2- January-14, 1980
located north of the Lyndale Market. The executive director recommended that
._ ' .
the HRA declare its intent to sell this property to Lyndale Fruit and Vegetable
Market, Inc. subject to the following conditions as outlined in HRA Letter No.2:
1. Developer enter into a Developers Agreement with the HRA
for redevelopment of the property; the Developer's Agree-
. went would be similar to the Developer's Agreement for- the
K-Mart project, and would include the following major
provisions:
a. Agreement to purchase the property from the HRA
once the HRA purchased the property from the
present owner.
b. Provide a substantial security deposit for con-
tract performance. _ _
c. Provide a cash deposit to be used by the HRA in
- the Adams Property purchased
d. Agree to redevelop all of the property in accord- -
ance with the proposed plan, a development schedule -- -
to be formulated, city ordinances and state laws.
- e. Agree to dedicate landscape easements along Lyndale
Avenue and to reconstruct Aldrich Avenue by moving
the cul-de-sac to the north.
f. HRA agrees to reimburse the developer for limited -
architectural and financing fees should it fail
to deliver the property according to the contract.
2. Both the Lyndale Fruit and Vegetable Market, Iric. property and
the property to be purchased by the HRA is rezoned to PC-2 and
a PUD final development plan is approved by the city council.
3. The developer arrange a final financing commitment.
Clayton LeFevere,~ City Attorney, provided legal clarification regarding
the development contract. ---
Motion by Ludeman, seconded by Collins to close the hearing.
All ayes - Carried.
Motion by Ludeman, seconded by Luettinger that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part of
Addendum-HRA minutes of Feb. 14, 1980.
4. The developer agrees to pay for any shortfall on an annual basis if the
proposed project does not have a sufficient tax increment cash flow to
pay the HRA's costs.
HRA Meeting Minutes
these minutes:
January 14, 1980
-3-
HRA RESOLUTION N0. 134
A RESOLUTION RELATING TO THE SALE OF HRA
PROPERTY IN THE L/H/N REDEVELOPMENT AREA
Poll of votes: Ayes - Collins, Luettinger, Bunce, Ludeman. Nays - Priebe.
Carried. This resolution appears as Resolution No. 134 in Resolution Book No. 2.
Lawrence Wozniczka, 6744 Wentworth, stated he wished to go on record as
b
r--~
opposing this development for the following reasons:
(1) He is opposed to tax increment financing;
(2) He does not approve of the loss in residential tax dollars;
(3) A feasibility analysis was not presented to the council by
the HRA; and
(4) No written statement was received from the developer.
4. Claims and Payrolls
Motion by Ludeman, seconded by Collins that the following claims and
payrolls be approved:
SUMMIT STATE BANK
Checks 3008/3096 $134,896.14
All ayes - Carried.
5. Adjournment
Motion by Collins, seconded by Luettinger that the meeting adjourn.
All ayes - Carried. Time: 11:14 p.m.
Date Approved: January 28, 1980
~~'
Vern Luettinger e etary
t
onald J. Prieb hairman