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08-15-1994CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY MEETING August 15, 1994 HRA MEMBERS ' PRESENT: Joan Helmberger; Russ Susag; Vern Luettinger; and Michael Sandahl. HRA MEMBERS NOT PRESENT: Tom Harms STAFF PRESENT: Steven Devich, Acting Executive Director; Thomas Ferber, City Clerk; Byron Wallace, Community Development Director; Bruce Palmborg, Housing & Redevelopment • Coordinator; John Dean, City Attorney; and Bridget Walstrom, Finance Manager. The meeting was called to order by Chair Pro Tempore Helmberger at 7:00 p.m. APPROVAL OF MINUTES M/Sandahl, S/Susag to aoorove the minutes of the Regular HRA • Meeting of July 18 1994; and the minutes of the HRA/City Council Concurrent Meeting of August 1 1994. 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 BRA. Item #2 CONSIDERATION OF REVIEW AND EVALUATION OF CONCEPT PROPOSAL FOR REDEVELOPMENT OF PHASE II AREA ILN REDEVELOPMENT PROJECT. HRA LETTER N0. 59 Acting Executive Director Devich reviewed HRA Letter No. 59 regarding the review and evaluation of concept proposals for the redevelopment of Phase II area of the ILN Redevelopment Project. HRA Minutes -2- August 15, 1994 Neil W. Peterson, Project Manager of the Richfield Auto/Retail Complex Feldman Project Team, reviewed and answered questions about the background of the development of the concept proposal, the .concept objectives, the synergism of two anchor auto dealerships with a retail component, and how the concept would meet the HRA's eight factors of consideration in the selection process. He described the auto/retail concept as a two level mall with retail space along 77th Street, a restaurant at the corner of 77th Street and Lyndale Avenue, the two auto dealerships facing I-494 with some additional retail, and-a~two level parking ramp in the middle. Dan~O'Brien, Cluts-O'Brien Architects representing the Feldmann Project Team, reviewed and answered questions about the concept site plan. He stated that it would be a staged development to. be completed in phases over a three year period. He reviewed a proposed realignment of Colfax Avenue to accommodate maintaining the Mitsubishi dealer at its current location. Mr. O'Brien introduced a "stand alone dealer" concept for the Mitsubishi dealership site which could be part of the proposed auto/retail complex or stand on its~own next to the alternative CSM Project if the Feldmann Group is not chosen as . the Phase II developers Greg Poe, Leonard Street and Deinard attorneys for the Feldmann Project Team, stated that if the HRA decides not to proceed with the Feldmann proposal, it should allow the stand alone dealership alternative to be built. He stated that he is of the opinion that they would be entitled to go forward with the stand alone alternative on legal grounds related to financial and redevelopment public purpose issues and the question of T.I.F. district certification issues. Neil Peterson, Project Manager, stated concern about accomplishing all the necessary work to finalize the project concept by November 1 and asked for consideration of additional time to accomplish the tasks. Mr. Peterson responded to questions regarding the concept proposal related to acquisition of the Connoco site, possible tenants, multiple ownership possibilities, financial feasibility, the need for the City/HRA to sell bonds or otherwise finance the construction of the parking ramp, the preliminary value estimate of $20 million, and timeline for the three year staging of the project. Dave Garland, Vice President of CSM Corporation, reviewed the CSM Shops at Lyndale Phase II retail development concept and how the concept would meet the HRA's eight selection criteria. Gary Tushie, Tushie, Montgomery Associates Inc., reviewed the CSM concept site plan and elevations of the proposed retail mall. HRA Minutes -3- August 15, 1994 HRA Attorney Dean reviewed the options of the HRA and the November 1 timeframe for action in selecting a Phase II developer. M/Susag, S/Luettinger to defer final selection of a developer from the two concepts presented for the ILN Redevelopment Phase II to November, to direct staff and the proposers to continue to generate information which would permit the proposals to be ,judged against the eight criteria, and to request the Feldmann Project Team to provide more information regarding financial capability, compatibility to Phase I and security to fulfill a redevelopment contract. Motion carried 3-0. (Helmberger abstained) Item #3 CONSIDERATION OF CONTINUATION OF USE OF SOUTH PART OF CLOVERLEAF SITE FOR CONCRETE BATCH PLANT AND ROAD MATERYAL STORAGE AND RECYCLING AREAS FOR 77TH STREET PROJECT, PHASE II. HRA LETTER NO. 60 Acting Executive Director Devich reviewed HRA Letter No. 60 regarding the proposed continuation of the use of the south part of the Cloverlea£ Site for a concrete batch plant, road material storage, and recycling area for Phase II of the 77th Street Project. M/Sandahl, S/Luettinger to authorize the HRA Chair and Executive Director to execute the Temporary Use and Occupancy Agreement regarding the Cloverleaf Site with Shafer Contracting Company. Motion carried 4-0. Item ~4 CONSIDERATION OF RESOLUTION AUTHORIZING CONTRACT WITH HENNEPIN TECHNICAL COLLEGE TO INITIATE 1994-95 NEW HOME PROJECT AT 7537 GIRARD AVENUE. HRA LETTER N0. 61 Acting Executive Director Devich reviewed HRA Letter No. 61 regarding a proposed contract with Hennepin Technical College in the amount of 576,983 for a 1994-95 New Home Project at 7537 Girard Avenue. M/Luettinger, S/Sandahl that the following HRA resolution be adopted; that it be spread in the HRA resolution book and that it be made mart of these minutesa HRA Minutes -4- August 15, 1994 HRA RESOLUTION NO. 519 RESOLUTION RELATING TO HTC AGREEMENT FOR 7537 GIRARD AVENUE Motion carried 4-0. This resolution appears as HRA Resolution No. 519 in HRA Resolution Book No. 4. Item #5 CONSIDERATION OF RESOLUTION AUTHORIZING PURCHASE OF EIGHT PROPERTIES FOR RICHFIELD REDISCOVERED. HRA LETTER N0. 62 Acting Executive Director Devich reviewed HRA Letter No. 62 regarding the proposed purchase for the appraised value of the following properties for the Richfield Rediscovered Program: Address 6645 Upton Ave. 6320 Oliver Ave. 6821 Logan Ave. 7525 Girard Ave. 7344 Bryant Ave. 6828 Elliot Ave. 6500-14th Ave. 6236 Pleasant Ave. Appraised Value $57,000 $53,000 $57,000 557,000 557,000 557,000 $59,000 539,000 M/Sandahl, S/Luettinger that the following HRA resolution be adopted; that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 520 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT: 6645 LIPTON AVENUE 6320 OLIVER AVENUE 6821 LOGAN AVENUE 7525 GIRARD AVENUE 7344 BRYANT AVENUE 6828 ELLIOT AVENUE 6500-14TH AVENUE 6236 PLEASANT AVENUE Motion carried 4-0. This HRA resolution appears as HRA Resolution No. 520 in Resolution Book No. 4. 1 HRA Minutes -5- August 15, 1994 Item #6 CONSIDERATION OF PROPOSED TAX LEVY FOR PAYABLE YEAR 1995 FOR CERTIFICATION TO HENNEPIN COUNTY AND SET OPTIONAL DATE FOR PUBLIC BUDGET HEARING FOR 1994 REVISED/1995 PROPOSED BUDGET AND TAX LEVY. HRA LETTER NO. 63 Acting Executive Devich reviewed HRA Letter No. 63-regarding the proposed HRA property tax levy for payable year 1995 for certification to Hennepin County and the date for an optional budget public hearing for the HRA 1994 Revised/1995 Proposed Budget and Tax Levy. Commissioner Susag asked questions regarding the difference between the General Fund Budget amount in Section 1 of the proposed resolution and the General Fund Revenues amount in Section 2 of the proposed resolution. After discussion, Acting Executive Director Devich indicated a more understandable delineation in summary form will be provided for better understanding. The HRA Commissioners directed the Executive Director to set a Budget Hearing on November 21, 1994 at the regular HRA meeting. M/Sandahl, S/Luettinger that the following HRA resolution be adopted° that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION N0. 521 RESOLUTION APPROVING PROPOSED 1995 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE PROPOSED TAX LEVY Motion carried 4-0. This resolution appears as HRA Resolution No. 521 in HRA Resolution Book No. 4. Item #7 EXECUTIVE DIRECTOR REPORT Acting Executive Director Devich reviewed HRA Memorandum No. 15 regarding the status of the following HRA projects: • Richfield Rediscovered New Construction • Abbott-Northwestern Clinic • 6318 Nicollet Avenue tenancy • New Home Program • Parade of Homes - 6636 Sheridan Avenue HRA Minutes Item #8 CLAIMS AND PAYROLLS -6- August 15, 1994 M/Sandahl, S/Luettinger that the following claims and payrolls be approved: FIRSTAR BANK Section 8: 1080-1081 5118,300.00 HRA: 6852-6963; 12619-12666; $948,036.02 12823-12868 Motion carried 4-0. ADJOURNMENT The meeting was adjourned by unanimous consent at 8:45 porno Date Approved: 9/ 19/ 94 ~ ~/ _ Thomas P. Ferber City Clerk Acting Executive Director 1 ~ ~ ~'~~'' an Helmberger hair„Pro Tempore