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12-16-1996~-'--i ' HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES ROLL CALL HRA Members Present: Thomas Harms, Joan Helmberger, Russ Susag and Vern Luettinger. HRA Members Excused: Michael Sandahl. Staff Present : James D. Prosser, Executive Director; Steven Devich, Acting City Clerk; and Bruce Palmborg, Community Development Director. HRA Meeting Minutes -2- December 16. 1996 E_:: M/Helmberger, S/Luettinger to aRorove the minutes of the Regular HRA Meeting of November 18. 1996. Motion carried 4-0. Mayor Kirsch presented a special plaque and certificate of appreciation to Commissioner Luettinger for his years of service on the HRA, 1975-1996. Mr. Luettinger accepted the plaque and thanked the community for the opportunity and privilege to have served them. Item #2 I DONStDERATlON OF RES • DAVID A. WILLIAMS R ':LOGAN AVENUE HRA LETTER N0.79 fl HRA Meeting Minutes -3- December 16, 1996 Executive Director Prosser reviewed HRA Letter No. 79 regarding consideration of resolution authorizing issuance of completion certificates for the following Richfield Rediscovered properties: • Steven Marlin Grant Homes, Inc. for 7200 Third Avenue • Rockport Homes, Inc. for 7636 Third Avenue • Twin Cities Habitat for Humanity For 6320 Oliver And 6318 Knox Avenues • David A. Williams Realty And Construction, Inc. For 6837 Logan Avenue M/Luettinger, S/Susag that the following resolution be adogted~ that it be spread in the resolution book and that it be made dart of these minutes: HRA RESOLUTION NO. 613 RESOLUTION AUTHORIZING THE ISSUANCE OF COMPLETION CERTIFICATES FOR RICHFIELD REDISCOVERED PROPERTIES AT 7200 THIRD, 7636 THIRD, 6320 OLIVER, 6318 KNOX AND 6837 LOGAN AVENUES Motion carried 4-0. This resolution appears as Resolution No. 613 in Resolution Book No. 5. Executive Director Prosser reviewed HRA Letter No. 80 regarding consideration of resolution authorizing issuance of certificate of completion and letter of undertaking for CSM Corporation, Shops at Lyndale, Phase II. M/Susag, S/Helmberger that the following resolution be adopted that it be spread in the resolution book and that it be made dart of these minutes: HRA RESOLUTION N0.614 RESOLUTION AUTHORIZING EXECUTION OF A CERTIFICATE OF COMPLETION FOR CSM CORPORATION PHASE II Motion carried 4-0. This resolution appears as Resolution No. 614 in Resolution Book No. 5. Item #4 T.tt9tl~ REST:...'~'~~:::<«'<::~.<:::<:::<:>:=:::.><~:<<:<.;';,.>_.>.:::::::..>.:-<`.~>~~::~...,:~.>.~~'~`=~~~~=< ::.;...>:.:.::.;: _ _ _ >I~E~:.::.::::.:>I.:.::_LED, REE~~1`:~I~'.~J'.~h'~'~~D .:.:::..:.::.......:._:.:::::::.::. RIEL,A 000 GEi~E ..:::__<;:::_::>::::<:.:>:_>>:__<>>.....:;:.>;:.:._>::.<>`:>.;::::::;.:<~~`:~~~`<~~'~~~~~»~~:'=>~>: .,;: REMENT<BflND SERIES 1tJ95<>:::.<~.~`> < ::. ::: :::.: : ..::.>:: ~ ::":<~i<:>=>>»=........: ~ ;: INC S Executive Director Prosser reviewed HRA Letter No. 81 regarding consideration of resolution authorizing execution of Tax Increment Pledge Agreement with City of Richfield relating to $5,075,000 General Obligation Taxable Tax Increment Bonds, Series 1996. M/Helmberger, 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: HRA RESOLUTION N0.615 RESOLUTION AUTHORIZING EXECUTION OF A TAX INCREMENT PLEDGE AGREEMENT WITH THE CITY OF RICHFIELD RELATING TO $5,075,000 GENERALOBLIGATION TAXABLE TAX INCREMENT BONDS, SERIES 1996 HRA Meeting Minutes -5- December 16, 1996 Motion carried 4-0. This resolution appears as Resolution No. 615 in Resolution Book No. 5. Executive Director Prosser reviewed HRA Letter No. 82 regarding consideration of progress report and development concept for jointly used VFW and American Legion Facility with banquet space. Community Development Director Bruce Palmborg reported on the status of the progress of the joint venture. He reported that the current plans appear to be focusing on the old Lampert Lumber site and abandoned railroad track property adjacent to it. Mr. Palmborg stated that the new building may be owned by an investor or possible the City and/or HRA. Commissioner Luettinger asked if the project could be handled by a private investor. Mr. Palmborg responded that it was possible and that this would be the City's first choice. Staff was directed to continue planning for the project by unanimous consent of the HRA. Item #6 EXECUTNE DIRECTOR 1~EE3R'['`>' Executive Director Prosser reported on the positive interest of Rottlund Homes to do redevelopment in Richfield. Item 7 M/Luettinger, S/Susag that the fallowing claims and payrolls be approved: FIRSTAR BANK Section 8: 10107-10215 $134,671.76 HRA: 17805-17812; 17945-17987 $106.445.29 $241,117.05 Motion carried 4-0. Chair Harms thanked Vern Luettinger for all his service and dedication on the HRA over the past several years. ADJOURNMENT '>; The meeting was adjourned by unanimous consent p.m. Date Approved: 1/21/97 Thomas E. Harms Chair D. Prosser Director 1 i~ Acting City Clerk