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07-16-1990CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY MEETING July 16, 1990 MEMBERS PRESENT: Joan Helmberger; Ivan Ludeman; Edwina Garcia; and Vern Luettinger. STAFF PRESENT: James Prosser, City Manager; Steven Devich, Administrative Services Director; Bruce Palmborg, Housing and Redevelopment Coordinator; Bruce Nordquist, Housing Supervisor; and Jean Mitchell, Finance Manager. MEMBERS ABSENT: Thomas Harms, Chairman. The meeting was called to order by Vice Chair Luettinger at 7:03 p.m. APPROVAL OF MINUTES M/Ludeman, S/Helmberger to approve the minutes of the HRA Meeting of June 18, 1990. Motion carried 4-0. Item #1 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA No one wished to address the BRA. Item #2 CONSIDERATION OF APPROVAL OF RESOLUTION APPROVING THE ISSUANCE OF A CERTIFICATE OF COMPLETION, PROFESSIONAL OFFICE BUILDING, DR. DONALD A. JOHNSON, 6945 PENN AVENUE SOUTH. HRA LETTER NO. 17 HRA Executive Director Prosser reviewed HRA Letter No. 17 regarding consideration of approval of a resolution approving the issuance of a Certificate of Completion, Professional Office Building, Dr. Donald A. Johnson, 6945 Penn Avenue South. The Commissioners commented that the project was well done and looks very impressive. HRA Meeting Minutes -2- July 16, 1990 M/Ludeman, S/Helmberger 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. 383 RESOLUTION AUTHORIZING EXECUTION OF A CERTIFICATE OF COMPLETION FOR 6945 PENN AVENUE SOUTH Motion carried 4-0. This resolution appears as Resolution No. 383 in Resolution Hook No. 3. Item #3 CONSIDERATION OF APPROVAL OF RESOLUTION AUTHORIZING SUBMISSION OF AN APPLICATION TO HUD WHICH REQUESTS AN ALLOCATION OF SECTION 8 HOUSING PAYMENT ASSISTANCE. HRA LETTER NO. 18 Executive Director Prosser reviewed HRA Letter No. 18 regarding consideration of approval of resolution authorizing submission of an application to HUD which requests an allocation of Section 8 housing payment assistance. Commissioner Ludeman stated that he felt that this was a good program. He asked what happens to Metro HRA if all cities went independent. Executive Director Prosser stated that there were some valid concerns .regarding the Metro administration and reimbursement. The Metro HRA will need to work on these issues or other communities may consider this same option. There was general discussion concerning the voucher vs. the certificate program. M/Ludeman, S/Helmberger 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 NO. 384 RESOLUTION RELATING TO AUTHORIZING HOUSING PAYMENT ASSISTANCE APPLICATION Motion carried 4-O. This resolution appears as Resolution No. 384 in Resolution Book No. 3. HRA Meeting Minutes -3- July 16, 1990 Item #4 CONSIDERATION OF APPROVAL OF THE EXPANDED NEW HOME PROGRAM AND REQUEST OF THE CITY COUNCIL TO APPROVE AND PROVIDE FINANCING. HRA LETTER N0. 19 1 Executive Director Prosser reviewed HRA Letter No. 19 regarding consideration of approval of the expanded new home program and request of the City Council to approve and provide financing. from . Commissioner Ludeman asked where the City portion would come Executive Director Prosser answered that funding would come from the TIF repayment, sale of the property and loans from City funds. He added that while staff was confident that principal repayment would be provided, interest payments were uncertain. He stated that these loans would necessarily be a good investment from a financial perspective but rather would support a public policy to upgrade the City's housing. Commissioner Ludeman asked what specific sources would be used for the funding and if the HRA Capital Fund could be used. Executive Director Prosser stated that water, sewer, and LHN fund balances are some potential sources and that the $1,000,000 trust fund portion of the Capital Fund could also be used. Commissioner Ludeman stated that he was opposed to making loans from the City's General Fund. Larry Wozniczka asked why the cost was $60,000 per property. Executive Director Prosser responded that the amount also included lot assembly costs such as appraisals and legal fees. Larry Wozniczka asked what the lot size would be. Bruce Palmborg responded that most were fifty foot lots. M/Garcia, S/Ludeman that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes: HRA Meeting Minutes -4- July 16, 1990 HRA RESOLUTION NO. 385 RESOLUTION APPROVING THE REDEVELOPMENT PLANS AND TAX INCREMENT FINANCING PLANS FOR THE EXPANDED NEW HOME - SCATTERED SITE HOUSING PROGRAM; REQUESTING THE RICHFIELD CITY COUNCIL TO CONDUCT PUBLIC HEARINGS THEREON; RECOMMENDING APPROVAL OF THE PLANS Motion carried 4-0. This resolution appears as Resolution No. 385 in Resolution Book No. 3. Item #5 CONSIDERATION OF APPROVAL OF AUTHORIZATION TO SOLICIT BIDS FOR DEMOLITION OF STRUCTURES PURCHASED THROUGH THE EXPANDED NEW HOME PROGRAM (ENHP). HRA LETTER NO. 20 Commissioner Ludeman asked how the demolition packages would be structured. Bruce Palmborg responded that they may be using one or even three demolition contractors depending on the need. M/Ludeman, S/Garcia 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 NO. 386 RESOLUTION RELATING TO INITIATING FORMAL BIDDING FOR DEMOLITION OF STRUCTURES PURCHASED THROUGH THE EXPANDED NEW HOME PROGRAM Motion carried 4-0. This resolution appears as Resolution No. 386 in HRA Resolution Book No. 3. Item #6 REPORT OF EXECUTIVE DIRECTOR Executive Director Prosser reported on the following items: HRA Meeting Minutes -5- Rich Acres July 16, 1990 Mr. Prosser reported that the plans for redevelopment and redesignation of land use have been forwarded to the Met Council. The Met Council has invoked Metropolitan Significance, which means it will take additional time for their review. He stated that the City has been encouraging the Airport Commission to make a decision on the property. Richfield staff is also contacting developers on a national level for redevelopment of the area. Penn Ave./66th Street Mr. Prosser reported that the marketing plan is being finalized. The retail market is currently very soft, thus affecting the redevelopment time frame of the area. School District Request for TIF Refund The school district was seeking a refund of TIF increment relating to the special levy. Mr. Prosser informed the school district that only the CDP District could provide any funding transfers to the school district. Larsen Partners Mr. Prosser reported that Kelly Doran informed the City that Larsen Partners is putting ILN the project on hold indefinitely. Residents in the area have been informed of this. Executive Director Prosser asked for a motion to authorize the termination of the Larsen Partners' Exclusive Rights Agreement, if indeed it still exists, because they are no longer proceeding with due diligence. M/Luettinger, S/Ludeman to terminate the Exclusive Rights Agreement with Larsen Partners. Motion carried 4-0. Commissioner Garcia asked what this will do to the City's reputation. Executive Director Prosser said he does not think anyone would look at the City negatively for taking this action. Item #7 CLAIMS AND PAYROLLS HRA Meeting Minutes -6- July 16, 1990 M/Ludeman, S/Helmberger that the following claims and payrolls be approved: FIRST WESTERN BANK Checks 1496-1580; 9282-9294; 9536-9572 $131,429.65 Checks 1021-1022 Section 8 $120,000.00 Motion carried 4-0. ADJOURNMENT The meeting was adjourned by unanimo nsent at 8:10 p.m. Date Approved: $/20/90 omas Harms Chairman i eve L. ch Jam s D. Prosser Acting City Clerk E cutive Director --~ i i