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02-02-1981CITY OF RICHFIELD JOINT HOUSING & REDEVELOPMENT AUTHORITY/ CITY COUNCIL MEETING February 2, 1981 -The Richfield City Council met jointly with the Housing & Redevelopment Authority on February 2, 1981 in the council chambers of the city hall at 7:00 p.m. The meeting was called to order at 7:15 p.m. - Present: Councilmembers Bunce, Collins, Hassenstab, Ludeman, Mayor Priebe Present: Commissioners Collins, Freeman, Helmberger, Ludeman, Chairman Harms 1. Lyndale Garden Fruit and Vegetable Market, Inc. Developer's Agreement Executive Director Nollenberger presented background information regarding _ the proposed Lyndale Garden Center project. He summarized provisions of the proposed developer's agreement. The council and HRA members asked questions. Lawrence Wozniczka, 6744 Wentworth, asked questions regarding protection to the city in the developer's agreement. Assistant City Attorney John Dean responded. Dr. Peterson, owner of property directly north, 6330 Lyndale, of this development site, expressed concern with the ingress and egress to the new development. Motion by Collins, seconded by Ludeman to approve the developer's agreement for the redevelopment of this property subject to the following stipulations as listed in HRA Letter No. 8 and to give approval to the agreement concerning issuance of footing and foundation permits which will allow the developer to go foward with construction of the proposed phases of the buildings: A. An agreement to purchase the property from the HRA once the HRA has purchased the property from the present owner. B. Provide a cash deposit to be used by the HRA in the Adams - property purchase. C. Agree to redevelop all of the property in accordance with the proposed plan and development schedule which is attached to this HRA letter, city ordinances and state laws. Joint HRA/City Council Meeting -2- D. Agree to sell landscape easements along Lyndale Avenue to the City of Richfield for an amount of $55,000 and to re- construct Aldrich Avenue by moving the cul-de-sac to the north through a special assessment project to be formulated by the city. E. Agree to execute an assessment agreement providing a minimum market value on December 15, 1981 which_.shall be. assessed for the property and improvements which would guarantee the incre- ment needed by the city for this project. F. Agreement by the developer to purchase from the city a triangle.. of property necessary for the development in the amount of $10,000. G. Agree to give firm financial commitment to the HRA of the ability to finance the project no later than March 20, 1981 with the proviso that if this is not done the developer will forfeit the right to be paid for the Lyndale Avenue right-of-way easement area being sold to the city. ~' A11 ayes - Carried. Motion by Freeman, seconded by Helmberger that it might be appropriate for the city council to review its outdoor display ordinance for aesthetic purposes. All ayes - Carried. 2. Claims and Payrolls Motion by Ludeman, seconded by Freeman that the following claims and payrolls be approved: SUrIIriIT STATE BANK Checks 3693/5588 $125,298.10 All ayes - Carried. 4. Adjournment The HRA adjourned at 7:57 p.m. Date proved: February 17, 1981 ~~. Michael 0. Freeman Secretary I i `. ~~ omas E. Harms Chairman February 2, 1981