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05-18-1981CITY OF RICHFIELD HOUSING AND REDEVELOPMENT AUTHORITY May 18, 1981 --~ The Housing and Redevelopment Authority of the City of Richfield met in regular session in the council chambers of the city hall on Monday, May 18, 1981, at 7:30 p.m. Chairman Harms called the meeting to order at 7:40 p.m. Present: Collins, Freeman, Helmberger, Ludeman, Harms 1. Minutes Motion by Freeman, seconded by Collins that the minutes of the April 20, 1981, regular meeting be approved as submitted. All ayes -Carried. Z. Presentation of Housing Project by Developer Executive Director Nollenberger introduced Tony Vavoulis of the Knutson Company, who made a presentation regarding his company's proposal to develop a 168. unit condominium housing facility for the elderly on the both Street and Lake Shore Drive site. He described the program amenities to be included as part of-the development. He stated that their objective is to begin construction on October 1, 1981, with late 1982 occupancy. The HRA Commissioners asked Mr. Vavoulis questions. Art Lynch, 7200 Clinton, spoke in support of the project. Executive Director Nollenberger introduced Dick Brustad of Brustad-McKinley, to present their proposal to develop a senior citizen rental housing facility on the subject site. He introduced Arvid Elress, architect for the project, who presented drawings of the project as it is conceived for this site. Mr. Jerry Glasser of the Ebenezer Society, described what their organization proposes to contribute to the project; congregate meal services, homemaker/health services and a relationship with the long-term care capabilities of the Ebenezer Society. Mr. Brustad described the steps in the process toward implementing the HRA Meeting -2- May l8, 1981 project. He indicated that FHA approval is the major time constraint on the project and is likely to take ten months until construction could actually begin. Mr. Brustad described the limited partnership nature of their project. Mr. Glaser observed that the Ebenezer Society is a nonprofit organization. Mr. Vavoulis addressed the fees and costs included in the Knutson project and stated that the total company fees are in the range of 11%. Chairman Harms suggested that a joint city council/HRA meeting be scheduled for 7:00 p.m., June 1, 1981, at which time the staff will make a recommendation regarding selection of the final developer of this site. 3. Authorization to Purchase Adams Property Executive Director Nollenberger described the history of the proposed purchase of the Adams property and presented a tentative purchase agreement for acquisition of this property. The purchase agreement provides that the HRA will assume partial responsibility for real estate taxes and special assessments. The HRA would purchase all the Adams property including part of the bottom of Richfield Lake. At a subsequent time, it is anticipated that the city will purchase the lake bottom from the HRA. Lyndale Garden Center has agreed to pay the HRA $210,000 for the property needed for their development, which will be the Adams property, excluding the lake bottom, and three small triangular shaped areas of ground owned by the city and adjacent to Richfield Lake. Motion by Ludeman, seconded by Helmberger that the following resolution be adopted; that it be spread in the resolution book and that it be made a part of these minutes: . HRA RESOLUTION N0. 163 RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY AT 6329-35-40-99 ALDRICH AVENUE HRA Meeting Minutes -3- May 18, 1981 Poll of votes - Ayes - Collins, Freeman, Helmberger, Ludeman, Harms. Nays - None. Carried. This resolution appears as Resolution No. 163 in Resolution Book No. 2. 4. Designation of Official Depository The Executive Director recommended that the HRA adopt a resolution designating First Federal Savings and Loan as a depository for the Richfield HRA. Motion by Ludeman, seconded by Freeman that the following resolution be adopted; that it be spread in the resolution book and that it be made a part of these minutes: RESOLUTION N0. 164 RESOLUTION DESIGNATING FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION AS DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FOR THE YEAR 1981 Poll of votes: Ayes - Collins, Freeman, Helmberger, Ludeman, Harms. Nays - None. Carried. This resolution appears as Resolution No. 164 in Resolution Book No. 2. 5. Claims and Payrolls Motion by Ludeman, seconded by Collins that the following claims and payrolls be approved: SUMMIT STATE BANK Checks 5617/5700 - 3819/3848 $236,914.67 All ayes - Carried. The meeting adjourned at 10:20 p.m. Date Approved: June 1 1981 Michael Freeman Secretary W~ ~ i'"~'vU'/ omas E. Harms Chairman