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01-27-1987CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY January 27, 1987 MEMBERS PRESENT: Thomas Harms, Chairman; Don Hassenstab; Joan Helmberger; Ivan Ludeman; and, Vern ' ~ Luettinger STAFF PRESENT: Jim Prosser, Executive Director; Steven Devich, Administrative Services Director; Bruce Palmborg, Acting Community Development Director; John Dean, Assistant City Attorney; and Tom Ferber, City Clerk The meeting was called to order by Chairman Harms at 7:00 P.M. APPROVAL OF MINUTES M/Hassenstab, S/Luettinger to approve the minutes of the Regular HRA meeting of December 15, 1986, without correction. Motion carried 5-0. Item #1 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA ON ANY ITEM NOT LISTED ON THE AGENDA. No one wished to address the HRA. Item #2 ELECTION OF OFFICERS FOR THE HOUSING AND REDEVELOPMENT AUTHORITY. HRA LETTER N0. 1. Chairperson Harms introduced this item referencing HRA Letter Number 1. M/Hassenstab, S/Ludeman to approve and appoint the same officers as the past year, Thomas Harms as Chairman; Vern Luettinger as Vice Chairman; and, Joan Helmberger as Secretary. Motion carried 5-0. Item #3 CONSIDERATION OF SELECTION OF A DEVELOPER FOR THE GRAHAM AVENUE SITE (JOINT MEETING OF THE CITY COUNCIL/HRA). HRA LETTER N0. 2. Mayor Hamilton called the City Council to order at 7:03 P.M., reconvening the adjourned regular January 26, 1987, City Council meeting to the January 27, 1987, Joint City Council/HRA meeting. HRA Minutes 2 January 27, 1987 Executive Director Prosser stated that the purpose of the Joint HRA/City Council meeting was to review the Tushie-Derrick development proposal for the Graham Avenue redevelopment site. Dick Shaller, President of Big Wheel Auto Stores, speaking on behalf of Mr. Trestman and himself, stated that the Tushie- Derrick Landmark Center proposal is a good project because it satisfies the needs of the VFW, the existing retail stores on the site, the city's desire for moderate priced housing for seniors, maintains the retail character of Lyndale Avenue, provides the best maximum use of the land, and is the best option for the neighborhood and Lake Shore Drive Condominium. He stated that he and Mr. Trestman have withdrawn their proposal for the site and will become partners in the Tushie-Derrick development. Roger Derrick, representing Lyndale Partners, reviewed the events which resulted in the Landmark Center development proposal. Gary Tushie, Lyndale Partners, reviewed the site plans, elevation drawings, and scale model of the Landmark Center, noting the changes in the building plans since it was first proposed. Executive Director Prosser reviewed HRA Letter Number 2, recommending that the staff be authorized to initiate negotiations on behalf of the HRA with the developers of the proposed Landmark Center and that staff request the City Council concur in the selection of Tushie-Derrick as developer and authorize negotiations on their behalf. Mayor Hamilton asked if medical offices would be included in the development and when construction would begin. Roger Derrick stated a medical tenant had been identified and construction could begin in 6 months. Commissioner Helmberger asked how it can be insured that Richfield's low and moderate income residents would have first access to the housing units. Jerry Courteau, Senior Vice Commander of the VFW, stated the post has asked that no other full service restaurant locate in the center and the VFW is negotiating to possibly operate a second restaurant that would be open to the public. Commissioner Luettinger stated he favors allowing another restaurant tenant. He asked who would pay for the additional landscape buffering on the Lake Shore Drive Condominium boundary. Roger Derrick stated the developer would pay for this landscaping. HRA Minutes 3 January 27, 1987 Council Member Ludeman 'stated that additional screening is necessary and strongly urged the staff and developer to investigate shifting the footprint of the building 10-12 feet closer to Lyndale Avenue to provide additional buffer area for the Lake Shore Drive Condominiums. Council Member Kirsch asked what is the relationship between the developers and the VFW. Roger Derrick responded that the developer would purchase the VFW property; the VFW would lease space in the development; and, the VFW would become a limited partner in the development if its membership approves. Jerry Courteau stated that the membership had given a vote of confidence to continue negotiations and will be asked for formal approval once firm project cost figures have been determined. Commissioner Hassenstab inquired about the status of Lake Shore Drive Condominium Lot 17; the affect of the Tushie-Derrick proposal on property values at Lake Shore Drive Condominium; the time frame needed for the Environmental Assessment Worksheet (EAW); whether other government agencies must review the EAW; whether the trees to remain has been determined; whether large semi-trucks will have access to the rear delivery area; what assist the developer is asking of the HRA; and whether-this development would affect the status of the Lake Shore Drive Condominium bonds. City staff and the developer responded that Lake Shore Drive Condominium Lot 17 is owned by the Condominium Association; that an independent appraisal by Brad Bjorklund indicated no negative affect on property values at Lake Shore Drive Condominium; an Environmental Assessment Worksheet will take approximately two months to prepare; other governmental agencies do not review the EAW. However, if an Environmental Impact Statement is required, other agencies would review it; the trees to remain have been determined; semi-trucks cannot drive to the rear of the building because of the height of the building canopy; the developer is requesting approximately 2 million dollars in HRA assistance; and, the development will not affect the retirement of the LHN bonds. HRA Chairman Harms asked if the shadow of the Landmark Center building would project on to the Lake Shore Drive Condominiums. Gary Tushie stated that a shadow study indicates the shadow would not project onto the Lake Shore Drive Condominiums. HRA Chairman Harms asked if lease covenants would restrict the times of truck deliveries and questioned if a blank wall would border the Lake Shore Drive Condominium property. HRA Minutes 4 January 27, 1987 Roger Derrick indicated the wall would be below grade and that truck deliveries would be restricted to daytime hours. Discussion followed regarding the role of the developer and city in marketing the developer subsidized housing to Richfield residents. Betty Bruce, 6615 Lake Shore Drive Condominium, expressed concern about the buffering between the Landmark Center and the Lake Shore Drive Condominiums. Mrs. Moore, Lake Shore Drive Condominium, expressed concern that the Landmark Center would partially block her view of Wood Lake. Fred Moore, Lake Shore Drive Condominium, inquired if there is a market for additional retail .s pace in the area. Executive Director Prosser stated that a marketing consultant indicated that there is a market for the proposed retail space and that several potential tenants are already identified. Thomas Thompson, 6808 Grand Avenue, inquired how much retail space remains to be leased. Roger Derrick indicated 37,000 square feet is available. Orville Rasmussen, 6615 Lake Shore Drive Condominium, expressed his concerns regarding increased traffic, pedestrian safety, and property values. Louise Dahlquist, Presi-dent Pro Tem of the Board of Directors of the Lake Shore Drive Condominium Association, read a statement into the record (Clerks File #C-283). Harold Bolstad, 6615 Lake Shore Drive Condominium, questioned whether the VFW as a nonprofit organization can invest in a for profit venture. Jerry Courteau, Senior Vice Commander of the VFW, responded that this is legal. M/Hassenstab, S/Luettinger to close the public hearing. Motion carried 5-0. Each city council member and HRA Commissioner spoke in support of the Landmark Center proposal and thanked the residents for their letters, comments, and input which influenced the developers proposal, making it a better project for the city and the neighborhood. M/Luettinger,° S/Helmberger to authorize staff to initiate negotiations on behalf of the HRA with the developers of the HRA Minutes 5 January 27, 1987 proposed Landmark Center and that staff request the City Council to concur in the selection of Tushie-Derrick as developer and• authorize negotiations on their behalf. Motion carried 5-0. M/Ludeman, S/Kirsch that the city council concurs with the HRA in the selection of the developers of the proposed Landmark Center for the Graham Avenue development site and authorizes staff to initiate negotiations on behalf of the city council with Tushie-Derrick. Motion carried 4-0. M/Kirsch, S/Ludeman that the city council meeting ad ourn. Motion carried 4-0. The city council meeting was adjourned at 9:20 P.M. Item #~ SCHEDULE FOR FEBRUARY, 1987, HRA MEETING. HRA LETTER N0. 3. Executive Director Prosser reviewed HRA Letter Number 3, concerning a conflict in the meeting date of February 16, 1987. M/Hassenstab, S/Luettinger to reschedule the February HRA meeting to February 24. Motion carried 5-0. Item #5 DESIGNATION OF OFFICIAL NEMSPAPER FOR 1987. HRA LETTER N0. 4. Executive Director Prosser reviewed HRA Letter Number 4, concerning the designation of an official newspaper for 1987. M/Hassenstab, S/Helmberger to approve designation of the Richfield Sun Current as the official newspaper for 1987. Motion carried 5-0. Item #6 RESOLUTIONS DESIGNATING OFFICIAL DEPOSITORIES FOR THE HRA FOR THE YEAR 1987. HRA LETTER N0. 5. Executive Director Prosser Teviewed HRA Letter Number 5, designating official depositories for the HRA for the year 1987. M/Luettinger, S/Hassenstab that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes: HRA Minutes 6 January 27, 1987 HRA RESOLUTION N0. 296 RESOLUTION DESIGNATING THE FIRST WESTERN BANK A DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT AUTHORITY FOR RICHFIELD FOR THE YEAR 1987 AND APPROVING COLLATERAL Motion carried 5-0. This resolution appears as Resolution No. 296 in Resolution Book No. 3. M/Luettinger, S/Hassenstab that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes. HRA RESOLUTION N0. 297 A RESOLUTION DESIGNATING CERTAIN SAVINGS ANO LOAN ASSOCIATIONS AND BANKS AS DEPOSITORIES FOR THE INVESTMENT OF THE HOUSING AND REDEVELOPMENT AUTHORITY FUNDS IN 1987 Motion carried 4m0. Chairman Harms abstained. This resolution appears as Resolution No. 297 in Resolution Book No. 3. M/Luettinger, S/Hassenstab that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes: HRA RESOLUTION N0. 298 A RESOLUTION DESIGNATING CERTAIN FINANCIAL INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT OF HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 1987 Motion carried 5-0. This resolution appears as Resolution No. 298 in Resolution Book No. 3. Item #7 CLOSED EXECUTIVE SESSION TO DISCUSS LAWSUIT SETTLEMENT. Chairman Harms adjourned the public HRA meeting at 9:35 P.M. and convened an Executive Session of the HRA. Attorney John Dean described the conditions of a pending litigation settlement concerning the Gordon Strom property. Chairman Harms reconvened the public HRA meeting at 9:45 P.M. HRA. Minutes 7 January 27, 1987 Item #8 SETTLEMENT OF LAMSUIT FOR PROPERTY AT 6520, 6530, 6532, 6540, 6544 LYNDALE AND 729 1~EST 65Th STREET. HRA LETTER N0. 6. Attorney John Dean reviewed HRA Letter Number 6, concerning the settlement of a lawsuit for property at 6520, 6530, 6532, 6540, 6544 Lyndale and 729 West 65th Street. Commissioners approved a total settlement of $975,000 (including $700,000 already paid). M/Ludeman, S/Luettinger to approve the recommended settlement as contained in HRA Letter Number 6. Motion carried 5-0. Item #9 CLAIMS AND PAYROLLS M/Luettinger, S/Hassenstab that the following Claims and Payrolls be approved: FIRST WESTERN BANK Checks 6806/6829, 7598/7626 $1,182,702.43 Motion carried 5-0. ADJOURNMENT The meeting was adjourned by Date Approved: 3/16/87 5tev~n L. Devicf~ Acting City Clerk unanimous consent at 9:46 P.M. r i ~ ~ ~ ~---. Thomas Harms Chairman Jamds D. Prosser .e~cutive Director