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04-18-1988CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY APRIL 18, 1988 MEMBERS PRESENT: Thomas Harms, Chairman; Donald Hassenstab; Ivan L'udeman; Vern Luettinger; and Joan Helmberger (arrived at 7:04 p.m.). STAFF PRESENT: James Prosser, Executive Director; Steven Devich, Administrative Services Director; Byron Wallace, Community Development Director. COUNCIL MEMBER PRESENT: Martin Kirsch The meeting was called to order by Chairman Harms at 7:02 p.m. APPROVAL OF MINUTES M/Ludeman, S/Hassenstab to approve the minutes, of the Regular HRA Meeting_of March 21, 1988. Motion carried 4-0. 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 REPORT ON STATUS OF PROPOSED LANDMARK CENTRE DEVELOPMENT PROPOSAL. HRA LETTER N0. 18. Gary Tushie, Tushie Montgomery, presented~a status report on the progress of the Landmark Centre Project. Mr. Tushie indicated that his firm had met with the VFW. He reviewed an architect's plan for the VFW at Portland Avenue next to the American Legion. There was general discussion of this proposed location. . HRA Minutes 2 April 18, 1988 Commissioner Ludeman asked if the size of the Landmark Centre Project would change without the VFW. Mr. Tushie said they could loAk at the project size again without the VFW. Commissioner Harms commented on his feeling that it would make sense to combine the VFW and American Legion kitchen, banquet and wash facilities. Mr. Tushie indicated that they had talked to the VFW about it, but the VFW was not interested in doing so. Commissioner Hassenstab asked about the timelines of the schedule for the project. Mr. Tushie reviewed the project schedule. Betty Bruce, Lake Shore Drive, asked what would replace the VFW if they leave. Chairman Harms said he was not certain at this point, but it could be retail. Executive Director Prosser stated that if the project site changes, then the subsidy would likely be affected. Item #3 CLAIMS AND PAYROLLS M/Ludeman, S/Hassenstab that the following claims and payrolls be approved: FIRST WESTERN BANK Checks 6987-6991, 8045-8061 $531,947.26 Motion carried 5-0. Item #4 REPORTS OF EXECUTIVE DIRECTOR 1 The Executive Director reported on the following items: * Reviewed an HRA memo concerning the early refunding of the $18,675,000 temporary bond sale and upcoming permanent sale of a $1,900,000 General Obligation Redevelopment Bond for the ILN. HRA ~~ii~utes 3 April 18, 1988 * Presented a status report of the Penn Avenue and 66th Street area. The City's new Planner will proceed to develop a plan, in-house, with some outside assistance. Previously, it was anticipated that the work would be done by an outside contractor. There is some interest from a large anchor retailer. * In the ILN, some new plans have been presented to staff. Some rework will be necessary before the potential developers make a presentation to the public. * City staff met with Bradley Real Estate Investment Trust, the new owners of the HUB Shopping Center. The owner has indicated that they will look to renovating the center. . Ite® ~5 COMMISSIONERS DISCUSSION ITEMS None 1 A®J®URNMENT The meeting was adjourned by Date Approved: 6/20/88 con s at 7:43 p. ~Z~' %. omas Harms Chairman am s D. Prosser x cutive Director Acting City Clerk