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03-17-1986• ~. CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 17, 1986 MEMBERS PRESENT: Don Hassenstab; Ivan Ludeman; Joan Helmberger; and, Vern Luettinger. STAFF PRESENT: Steven Devich, Acting Executive Director; Dennis Kraft, Community Development Director; Bruce Palmborg, Housing & Redevelopment Coordinator; Clayton LeFevere, City Attorney; Thomas Ferber, City Clerk; Lidy Flom, Community Development Aide. APPROVAL OF MINUTES M/Ludeman, S/Helmberger to approve the minutes of the regular meeting of Februar 18, 1986. Motion carried 4-0. Item ~1 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA ON ANY ITEM NOT LISTED ON THE HRA AGENDA. None. Chairman Pro Tem Luettinger stated that Agenda Item ~3 would be considered out of order at this time because members of audience were present to speak on this issue. Item ~2 PRESENTATION OF THE L/H/N REPORT. HRA LETTER NO. 9. Acting Executive Director Devich reviewed HRA Letter No. 9 regarding the recently completed LHN Report - "Ten Years and ,$81,000,000 of Investments". Community Development Director Kraft summarized the contents of the report. and reviewed the assumptions made regarding the cash flow analysis. Chairman Pro Tem Luettinger urged the H.R.D. staff to make this information available to the public. Community Development Director Kraft responded that a short slide show was also being prepared for presentation to various; groups. .` HRA Meeting -2- March 17, 1986 [1 Discussion followed regarding the fact that the entire project can be successful while individual projects may not be self sustaining from a debt retirement perspective. Commissioner Ludeman stated his concern that there were no_ prescribed controls on the HRA Capital Trust Fund which was derived from the proceeds of the sale of HRA properties. Community Development Director Kraft stated that the Trust account provides interest earnings which are spread to help provide revenue for several HRA programs. He stated the HRA board controls the use of the fund through the budget process. Commissioner Ludeman suggested that a chart of traffic volume compared to accidents be included in the report. Commissioner Ludeman also suggested an evaluation of the impact of the tax increment district on other taxing districts would be helpful if it is possible to determine such information. City Attorney LeFevere stated that the LHN project had a positive impact on the total community. - - Lawrence Wozniczka, 6744 Wentworth Avenue, asked the cost of additional services to the LHN and the effect of the captured increment of the increased cost of government to the rest of the community. Community Development Director Kraft staffed the additional services are assessed to the district ($42,000). Item ~~3 CONSIDERATION OF REFERRING TO THE PLANNING COMMISSION PROPOSED L/H/N PLAN AMENDMENTS AT 64TH STREET ON THE EAST SIDE OF LYNDALE AVENUE AND AT GRAHAM AND LYNDALE AVENUE. HRA LETTER N0. 10. Acting Executive Director Devich reviewed HRA Letter No. 10 regarding consideration of HRA referral of two proposed LHN pl$n amendments to the Planning Commission. The first site is between 64th Street and 6-5th Street on the east side of Lyndale Avenue. The second location is at Graham and Lyndale Avenues.' Mr. Devich stated that changing the Graham Avenue site designation to commercial and/or multi-family would allow either type of development to occur. Chairman Pro Tem Luettinger asked if this action involved rezoning-the property. Community Development Director Kraft stated that this would amend the plan only; if rezoning was required by a developer, it would be considered at the time the proposal is received. i I 1 HRA Meeting -3- -,. March 17, 1986 Commissioner Helmberger asked if there were any firm proposals for the Graham Avenue property. Community Development Director Kraft indicated that no proposals have gone beyond the discussion stage to date. Jerry Trestman, Trestman Music, reviewed his efforts to - develop additional retail space jointly with Mr. Shaller of Big Wheel. He stated that Bruce Palmborg had told not to proceed because Walker Methodist Residence & Health Services Inc. was - interested in the site. Mr. Trestman asked that he be given additional time to make a proposal and requested that he be given the purchase price for the adjoining HRA owned lots. Jerry Johnson, representing Big Wheel Auto, stated that Mr. Shaller wishes to 3ointly pursue development of the property. with Mr. Trestman, but had been discouraged from doing so by Mr. Palmborg. Bruce Palmborg, Housing and Redevelopment Coordinator, reviewed the history of negotiations with Mr. Trestman and Mr. Shaller and with Walker Methodist Residence & Health Services, Inc. He noted that this was one the Few sites available for housing in the city and the plan amendment would give the HRA another option to consider in addition to a Trestman/Shaller proposal. - Commissioner Ludeman stated that the property was currently zoned commercial which would allow Mr. Trestman and Mr. Shaller to submit a plan for additional commercial space. Commissioner Hassenstab stated 593 units of housing had been built in the area and 200 additional housing units by Walker would create congestion in the area that would be undesireable. M/Ludeman, S/Helmberger that the HRA refers to the Planning Commission the two proposed land use amendments to make a finding as to conformance with the Comprehensive Plan. Motion carried. 3-1. (Hassenstab opposed) Item ~~4 CLAIMS AND PAYROLLS M/Hassenstab, S/Ludeman that the following claims and payrolls be approved: FIRST WESTERN BANK Cheeks 6689/6703, 7224/7247 3/17/86 $510,872.32 Motion carried 4-0. -`, HRA Meeting -~4- P4arch 17, 1986 REPORTS OF EXECUTIVE DIRECTOR Acting Executive Director Devieh stated that an HRA memorandum would be sent to the commissioners regarding the auditor's report on Pet Cetera. COMMISSIONERS DISCUSSION ITEMS None. ADJOURNMENT - M/Hassenstab, S/Ludeman that the meeting adjourn. Motion carried 4-0. The meeting was adjourned at 9:30 p m. p ~ ~ Date Approved: 4-21-86 ,~,~;~// Vern Luettinger Cha an Pro Tem Thomas P. Ferber a en L. evieh City Clerk Aet ng Executive Director