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01-21-1986~~ HOUSING AND REDEVELOPMENT AUTHORITY CITY OF RICHFIELD, MINNESOTA JANUARY 21, 1986 - .COMMISSIONERS PRESENT: Thomas Harms; Joan Helmberger; Ivan Ludeman; Vern Luettinger; and, Don Hassenstab (arrived 7:38 p.m.) STAFF PRESENT: John Cartwright, City Manager; Steve Devich, Administrative Services Director; Dennis Kraft, Community Development Director; Bruce Palmborg, Housing & Redevelopment Coordinator; and, John Dean, Assistant City.Attorney. The meeting was called to order by Chairman Harms at 7:30 p.m. APPROVAL OF MINUTES , ~'' M/Ludeman, S/Luettinger to approve the minutes of the special meeting of November 12, 1985, the regular meeting of November 18 1985 and the s ecial meetin of December 9 19 5. Motion carried ~-0. ADDITIONS TO AGENDA Chairman Harms made the following additions to the agenda: Item ~~3A - Consideration of an Amendment to the Developers Agreement between the City of Richfield, the HRA, Market Plaza Corporation and Arkell Development Corporation. -Item ~~5E - Consideration of Stipulation of Settlement between Godfather, Inc. and the HRA for Relocation Costs. OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA ON ANY ITEM NOT LISTED ON THE AGENDA No one wished to address the HRA. Item ~~1 ELECTION OF OFFICERS FOR THE HOUSING AND REDEVELOPMENT AUTHORITY FOR 1986. HRA LETTER N0. 1. Executive Director Cartwright reviewed HRA Letter No. 1 regarding the election of officers for the Housing and Redevelopment Authority for 1986. M/Ludeman, S/Helmberger to elect Thomas Harms as Chairman, Vern Luettinger as Vice Chairman, and Joan Helmberger as Secretary of the HRA for 1986. -• Motion carried 4-0. Item ~~2 CONSIDERATION OF AMENDMENT TO THE HOUSING AND REDEVELOPMENT AUTHORITY BY-LAWS TO CHANGE THE DATE OF THE ANNUAL MEETING FROM THE THIRD MONDAY OF EACH JANUARY TO THE THIRD TUESDAY OF EACH JANUARY BECAUSE OF THE MARTIN LUTHER KING HOLIDAY. HRA LETTER N0. 2. Executive Director Cartwright reviewed HRA Letter No. 2 regarding an amendment to the Housing and Redevelopment Authority By-Laws to change the date of the annual meeting from the third Monday of each January to the Third Tuesday of each January because of the Martin Luther King Holiday. M/Ludeman, S/Helmberger to approve changing the date of the annual meeting to the third Tuesday of each Januar . Motion carried ~-0. Item ~~3 APPROVAL OF RESOLUTIONS DESIGNATING OFFICIAL DEPOSITORIES FOR THE HRA. HRA LETTER N0. 3. Executive Director Cartwright reviewed HRA Letter No. 3 regarding resolutions designating official depositories for the HRA for 1986. First Western Bank of Richfield was proposed as the official depository for the Richfield HRA for the year 1986. In addition, other named financial institutions and savings and loans were designated as depositories for the investment of HRA funds for 1986. M/Ludeman, S/Luettinger to adopt the attaeh~d resolutions • designating official depositories with the understanding that the HRA could not invest in any of these depositories beyond the level of pledged collateral or FDIC coverage, and that the following resolutions be adopted; that they be spread in the resolution book and that they be made part of these minutes: HRA RESOLUTION N0. 278 •~ RESOLUTION DESIGNATING THE FIRST WESTERN BANK A DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FOR THE YEAR 1986 AND APPROVING COLLATERAL HRA RESOLUTION N0. 276 A RESOLUTION DESIGNATING CERTAIN SAVINGS AND LOAN ASSOCIATIONS AND BANKS AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND REDEVELOPMENT AUTHORITY FUNDS IN 1986' HRA RESOLUTION N0. 277 A RESOLUTION DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 1986 - Motion carried 3-0. Chairman Harms abstained. These resolutions appear as Resolution No. 278, Resolution No. 276, and Resolution No. 277 in Resolution Book No. 3. Item ~~3A A REQUEST FOR CERTIFICATE OF OCCUPANCY AMENDMENT FOR WOODLAKE POINT CONDOMINIUMS. Executive Director Cartwright read aloud a letter addressed to the HRA from Market Plaza Corporation and Arkell Development Corporation, co-developers of the Wood Lake Point Condominiums. The developer requested that the HRA make provision for the early occupancy of certain units in the Wood Lake Point Condominium project once units have been completed and all safety requirements have been met. The developer further requested an amendment to the Developer's Agreement for the Wood Lake Point Condominium be approved to facilitate such early occupancy of the project. HRA Attorney John Dean distributed a proposed 4th Amendment to the Developers Agreement between the City of Richfield and the developers, Market Plaza Corporation and Arkell Development Corporation. The amendment provided that with respect to the Housing Component A, the HRA may issue separate Certificates of Completion for the individual units if certain preconditions have been met. In addition, the separate Certificates of Completion could be issued for no more than 1/2 of the total units in the housing component. Commissioner Luettinger was opposed to the HRA granting approval to move into the building before all safety measures have been completed. Attorney John Dean responded that the City would not be issuing a Certificate of Occupancy until the City Building Inspector would certify the building safe to occupy. Bruce Palmborg, Housing and Redevelopment Coordinator, reviewed a memo from Chief Building Inspector Sivert Hendrickson concerning the extent of safety features that must be operational before he would grant approval to any Certificates of Occupancy. Commissioner Luettinger stated he was still opposed to approving a process whereby the residents were allowed to move into a building before the building was complete. Richard Krier, representative from Market Plaza Corporation, indicated to HRA Commissioners that more than just-the safety features would be completed before residents would be allowed to move into the building. He stated that-all common areas would be completed, floors covered in the public areas, and all elevators operational. M/Helmberger, S/Ludeman to approve the 4th Amendment to the Developers Agreement. Motion carried 3-2. Luettinger, Hassenstab opposed. Item ~k~ CONSIDERATION OF REQUEST TO CITY COUNCIL FOR YEAR XII COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING. HRA LETTER NO. ~. Executive Director Cartwright reviewed HRA Letter No. ~, regarding a request to the City Council for Year XII Community Development Block Grant funding. The Executive Director recommended that the proposed use of the CDBG funds for Year XII be used for: Rehabilitation - $100,000, the New Home Program - $65,000, and an Energy/Low Income Conservation Program - $15,000. The energy program is proposed only if the funds would be available. The Executive Director asked the HRA Commissioners for their priorities for a CDBG funding application. HRA Commissioners and City staff discussed the regulations and past successes of the Rehabilitation and New Home Programs. Commissioners indicated both programs have been a valuable asset to the community. M/Hassenstab, S/Luettinger that the a plication be presented with $65,000 for a New Home Program, 15,000 for the Energy Conservation Program, and that the remainder of funding be for the Rehabilitation Program. Motion carried 5-0. Item ~~5 REPORT FROM EXECUTIVE DIRECTOR ON THE STATUS OF REDEVELOPMENT PROJECTS: A. MUNICIPAL LIQUOR STORE SITE, 66TH AND CEDAR; B. HAMPTON INN, LYNDALE AT 77TH STREET; C. CDR (CLOVERLEAF MOTEL SITE); D. FRASER SCHOOL HOUSING PROJECT, WEST 66TH STREET. 5A. The Executive Director reported that development of the municipal liquor store site at 66th and Cedar was proceeding and that the liquor store is scheduled to be built, commencing in April, 1986. Construction of the Republic Airlines Credit Union building is scheduled to commence in August. The developer for the project was Bill Henning and Company. 5B. The Executive Director reported on the Hampton Inn project in the ILN. He stated that the Minnesota Department of Transportation was not willing to vacate the frontage road for the project, due to the potential need to widen 4g4. This reversal of MNDOT's position means the developer must amend their development proposal. 5C. The Executive Director reported that the CDR project in the ILN area has been the subject of a temporary injunction. The Executive Director reported that Ernest Lindstrom indicated to the City Council that he would be submitting a petition seeking a reversal of the PUD zoning. The rezoning issue on the CDR Project might mean a referendum vote. 5D. The Executive Director reported that the Fraser School project, which received $100,000 of discretionary CDBG funding from the County, encountered significant resistance at the January 14, 1986, meeting of the Planning Commission. Citizens appeared before the Planning Commission to oppose a rezoning of the area for the Fraser School project. 5E. Attorney John Dean distributed and reviewed a proposed settlement of the relocation claims for the Godfather Restaurant from the Market Plaza site. Through negotiations with John Anzevino and his legal counsel, representatives of the City have arrived at a tentative agreement. According to the proposed agreement, $200,000 would be payable as relocation costs within 10 days of approval of the stipulation of the agreement. Another $250,000 would be set aside for payment on or before February 14, 1987, for additional relocation expenses if they are actually incurred. In addition to the two figures set forth in the agreement, $74,000 has already been paid for relocation costs. Thus, the total cost of the agreement could be $524,000. However, Attorney Dean pointed out that if the City were to litigate the matter and were not successful, the potential exposure could exceed $1,000,000. M/Luettinger, S/Hassenstab to approve the agreement. 1 Motion carried 5-0. Commissioner Luettinger asked the Executive Director to report on the status of Pet Cetera. Mr. Luettinger indicated that he had recently gone to Pet Cetera and was disappointed with the service that he received. The Executive Director stated that City staff continues to work with the owners of Pet Cetera, and that a private accounting firm had reviewed the financial aspects of the operation. Mr. Cartwright added that he was aware that Pet Cetera was in arrears for rental payments for the store. He stated that the staff would follow this matter closely. Item ~~6 CLAIMS AND PAYROLLS M/Ludeman, S/Hassenstab to approve the following Claims and Payrolls. FIRST WESTERN 69//6 7 $334,779.44 7159/7180 D Motion carried 5-0. ADJOURNMENT The meeting was adjourned at 8:3 APA~cY~ed: X18/86 ~ r ateven L~~vie Acting City Cle JoiTn G . Cartr~r'igY~ Executive Director airman 1 1 1