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06-20-1994CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY MEETING June Z0, 1994 HRA MEMBERS PRESENT: Joan Helmberger; Vern Luettinger; and Russ Susag. HRA MEMBERS ABSENT: Thomas Harms and Michael Sandahl. STAFF PRESENT: James D. Prosser, Executive Director; Steven Devich, Administrative Services Director/ Acting City Clerk; Byron Wallace, Community Development Director; Ron Batty, BRA Atto~~ey, and Bruce Palmborg, Housing and Redevelopment Coordinator. The meeting was called to order by Vice-chair Helmberger at 7:05 p.m. APPROVAL OF MINUTES i M/Luettinger, S/Susag to approve the minutes of the Special HRA meeting held concurrently with the City Council meetina of April 25 1994 and the minutes of the HRA meetina of Mav 16, 1994. Motion carried 3-0. ITEM #1 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA No one wished to address the HRA. ITEM #2 CONSIDERATION OF CONTRACT WITH W.D. SCHOCK COMPANY FOR REPLACEMENT DWELLING INSPECTION SERVICES FOR NEW FORD TOWN AND RICH ACRES RELOCATION HOMES, HRA LETTER NO. 44 Executive Director Prosser reviewed HRA Letter No. 44 regarding consideration of contract with W.D. Schock Company for replacement dwelling inspection services for New Ford Town and Rich Acres relocation homes. M/Luettinger, S/Susag to approve the contract with W.D. Schock Company and the HRA for replacement dwelling inspection services for New Ford Town and Rich Acres relocation homes. Motion passed 3-0. HRA Meeting Minutes =2- June 20, 1994 ITEM #3 CONSIDERATION°OF RESOLUTION APPROVING MODIFICATION TO RICHFIELD REDEVELOPMENT PROJECT PLAN RELATED TO RICHFIELD REDISCOVERED HOUSING PROGRAM; REQUESTING RICHFIELD CITY COUNCIL TO CONDUCT PUBLIC HEARING THEREON; AND RECOMMENDING APPROVAL OF PLANS, HRA LETTER NO. 45 Executive Director Prosser reviewed HRA Letter No. 45 regarding consideration of resolution approving modification to Richfield Redevelopment Project plan related to Richfield Rediscovered Housing Program; requesting Richfield City Council to conduct public hearing and recommending approval of plans. Commissioner Helmberger stated that she recently drove down 15th Avenue north of 66th Street and was impressed with the extent of the upgraded homes. .Larry Wozniczka, 6744 Wentworth Avenue asked the following questions: • If payments to other funds from which moneys were loaned will occur; • Why are land sale proceeds going into a different fund. In response to the repayment issue, Mr. Prosser responded that no representation was made at the time of loaning those funds that interest would be paid. However, it appears that we are doing better than expected and some interest payment may be available in the future. This program should not proceed on the basis of creating tax base, but instead on the basis of improving neighborhoods. Mr. Prosser stated that the principle will be repaid within the time frame. He indicated that there has been no change in philosophy. Executive Director Prosser further responded that when the first loans were made, the land sale proceeds and tax increment were used to retire the loans. The funds now used for the program from the development fund are not loans. The land sale proceeds are recycled upon HRA approval and tax increment is used to retire debt. Commissioner Susag stated that the proceeds of the land sale from the current set of houses, approximately $300,000, would go back into the development fund. Mr. Prosser stated that this was correct. Housing and Redevelopment Coordinator Bruce Palmborg reviewed the process used to establish this third phase of the program. Mr. Wozniczka stated that we should be pursuing the worst properties in the community. HRA Meeting Minutes -3- Mr. Prosser said that the HRA is willing sellers. He stated that staff builders to pursue the less expensive stated that if the HRA wants staff to differently, staff could do so. June 20, 1994 working exclusively with is encouraging private properties. Mr. Prosser pursue this program M/Susag, S/Luettinger that the following resolution be adopted• that it be spread in the resolution book and that it be made part of these minutes: RESOLUTION NO. 513 RESOLUTION APPROVING MODIFICATION TO RICHFIELD REDEVELOPMENT PROJECT PLAN, CONSISTING OF MODIFICATION N0. 3 TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT AREAS A AND B, MODIFICATION N0. 1 TO THE TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT REDEVELOPMENT DISTRICTS '°A-2" AND "B-2", AND TAX;INCREMENT FINANCING PLANS FOR TAX INCREMENT REDEVELOPMENT DISTRICTS "A-3" AND "B-3:, ALL RELATED TO THE RICHFIELD REDISCOVERED HOUSING PROGRAM; REQUESTING THE RICHFIELD CITY COUNCIL TO CONDUCT A PUBLIC HEARING THEREON; RECOMMENDING APPROVAL OF THE PLANS s Motion carried 3-0. This resolution appears as Resolution No. 513 in HRA Resolution Book No. 4. ITEM #4 CONSIDERATION OF RESOLUTION REGARDING FINDINGS OF HRA CONCERNING DEVELOPMENT OF RICHFIELD REDISCOVERED PROPERTY, 6625 STEVENS AVENUE, HRA LETTER N0. 46 ~-_ Executive Director Prosser introduced HRA Letter No. 46 regarding consideration of a resolution regarding findings of HRA concerning development of Richfield Rediscovered property at 6625 Stevens Avenue. Ron Batty, Attorney for the HRA, reviewed HRA letter No. 46 and briefly reviewed the circumstances involved in this process. The resolution under consideration lays out findings of fact in this matter. Mr. Batty also reported that he has monitored the situation as requested by the HRA and has nothing new to report. M/Luettinger, S/Susag that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes: RESOLUTION~NO. 514 RESOLUTION RELATING TO RICHFIELD REDISCOVERED PROGRAM Motion carried 3-0. This resolution appears as Resolution No. 514 in HRA Resolution Book No. 4. HRA Meeting Minutes -4- June 20, 1994 ITEM #5 EXECUTIVE DIRECTOR REPORT Executive Director Prosser reported on the following: CSM: Hest Buy wants to increase their building footprint by approximately 18,000 square feet. This will require additional approvals and will push the time frame back for store openings into early 1995. Community Development Director Byron Wallace reported on further negotiations with Emerson Congregational Church. Mr. Wallace presented three drawings showing the siting of the church on the northern portion of the Cloverleaf property. Executive Director Prosser stated that there is still a significant difference in the replacement value of the church. Mr. Prosser also reported on the initial proposals made by the businesses in the ILN area. One proposal incorporates a two story automobile service and retail combination. HRA Commissioners stated that a sit-down restaurant was an important element in any proposal. ITEM #6 CLAIMS AND PAYROLL M/Susag, S/Luettinger that the following claims and payroll be approved• FIRSTAR BANK Checks: HRA: 6627-6739; 12517-12573; $720,897.42 12747-12780 Section 8: 1079 59,300.00 Motion carried 3-0. ADJOURNMENT The meeting was adjourned by Date A~nroved: at 8: 5 p.m. Thomas ms Chair Steve L. Devic ame D. Prosser Acting City Clerk e utive Director