12-17-1984
HOUSING AND REDEVELOPMENT AUTHORITY
CITY OF RICHFIELD, P4INNESOTA
REGULAR MEETING
DECEMBER 17, 1984
HRA COP~lISSIONERS PRESENT: Thomas Harms, Chairman; Joan Helmberger;
Donald Hassenstab; and, Vern Luettinger
HRA COMMISSIONERS ABSENT: Ivan Ludeman
STAFF PRESENT: Steven Devich, Acting Administrative Services
Director/Executive Director; Bruce Palmborg,
Housing and Redevelopment Coordinator; City
Attorney Clayton LeFevere; and Karen Schanberg,
Intern
ALSO PRESENT: Dick Krier, E. J. Plesko, and Mike Gold,
Market Plaza Developers
The meeting was called to order at 8:37 P.M.
PR
M/Hassenstab, S/Helmberger to approve the minutes of the
[]
Motion carried 4-0.
Item #1 D IO Q L N 0
BUILDING PERMIT MORATORIUM IN THE INTERSTATE-LYNDALE COMMERCIAL
STUDY AREA
Chairman Harms stated that sufficient information had been presented to
HRA Commissioners on the maratorium concerning the Interstate-Lyndale Com-
mercial Study Area at the City Council meeting which began at 7:00 P.M. this
evening. HRA Commissioners were in attendance at this council meeting during
which the City Council gave first reading approval to an ordinance establishing
a twelve month building permit moratorium.
Item #2 1V ID 0 F AN 0
FOR THE MARKET PLAZA DEVELOPMENT PROJECT
Legal Counsel Clayton LeFevere presented a status report on the Market Plaza
Project. Mr. LeFevere indicated that signed construction agreements for both
the condominium and apartments/commercial projects had been received by the City
In addition, Mr. LeFevere stated that a signed letter of financial commitment
from Twin City Federal for the condominium project had also been received.
Conditional financial agreements for the apartments/commercial component have
been submitted to the City. First Federal has proposed parking the bond issue
for a period not to exceed six months.
M/Hassenstab, S/Helmberger that the HRA a rove the construction
and letters Hof financial commitanen submi d re~ardin~ the Market P
HRA Meeting Minutes -2- December 17, 1984
Motion carried 4-0.
Item #3 HRA N IO 0 A RDa Z'0 ANCEL A CO WITH
COUNTY CONG'ERNING ADMINISTRATION OF' THE REHABILITATION LOAN CONTRACT
Housing and Redevelopment Coordinator Palmborg reviewed the proposal to
cancel the contract for administration of the MHFA Rehabilitation Loan Program.
He said that, although Richfield's initial allocation was reduced by 32I, can-
cellation will enable Richfield homeowners to share in an additional amount of
loan funds that MHFA will make available to Hennepin County Office of Planning
and Development.
M/Hassenstab, S/Luettin,
be spread in the resolution
HRA RESOLUTION N0. 257
CANCELLING CONTRACT WITH HANNEPIN OOUNTY
FOR HRA ADMINISTRATION OF A LOAN PROGRAM
that it
sew: `_
Motion carried 4-0. This resolution appears as Resolution No. 257 in
Resolution Book o. 3.
Item #4 D TGNATION O A I R 8 F
Chairman Harms said it was recommended that the City engage the services of
Cummings, Keegan & Co. to conduct the 1984 audit for the HRA at a cost of
$3,200. There was discussion regarding the current auditor arrangement and
of the City's intention to seek proposals for a new auditor in 1985.
M/Hassenstab, S/Luettinger to engage Cumoings, Keegan & Co. to conduct the
1984 audit for the HRA.
Motion carried 4-0.
Item #5 P P 0
Community Services Director Don Fondrick presented a synopsis of the Legion
Lake development plans as submitted by the University of Minnesota students.
There was discussion by commission members. Several commissioners indicated
a preference for housing, open water, parkland, and an amphitheatre. The
housing aspect of the project was suggested for the Portland Avenue side of the
Legion Lake property.
Item #6 MS AND PAYROLLS
M/Hassenstab, S/Luettinger that the following claims and payrolls be
approved:
HRA Meeting Minutes
FIRST WESTERN BARK
CY~cks 545215470, 6048/60'78
Motion carried 4-0.
JO
_~
December 17, 1984
$952,221.26
M/Hassenstab,S/Luettinger that the meeting adjourn.
!7
Motion carried 4-0. Time 10:03 P.M.
1
Date pp oved: 1 ~a I-~.S'
ve ting City lerk