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10-19-1998 HOUSING AND REDEVELOPMENT THORITY MEETING MINUTES AU Richfield, Minnesota Regular Meeting -~ Oct®ber 19, 1999 The meeting was called to order by Chair Harms at 7:00 p.m. 1 HRA Members Present: Thomas Harms; Joan Helmberger; Kristal Stokes; Michael Sandahl and Russ Susag. Staff Present : James Prosser, Executive Director; Bruce Palmborg, Community Development Director; Thomas Ferber, City Clerk; and John Dean, City Attorney. MJSusag, S/Helmberger to approve the minutes of the regular HRA Meeting of September 21. 1998, Motion carried 5-0. Item #1 '~ ~ Ol~~~'~ ~1~ ?~t~l~M~~~...~:.~..~.~.~...::::::::::::<.;:.::.:>::.::.::.::.::.::. ::.::.::.:::.::..:~:.::.;:.;;;:.;:.::.;:.::.;:.::;. City Clerk Ferber administered the oath of ofFce to HRA Commissioner Mike Sandahl commencing an appointment for a five year term. HRA Meeting Minutes -2- October 19, 1998 ,., . :.:::... >,:;~:.:::::~ ..:: ~` ~>: <'~~~ ~:i~:~.::'''~~::; .its::; ~r Item .:>~`~~............ ..~ . •J:F x.; ,~i~. x,' :~:;•4:~:::,:::::::::}::~::} ;::•:Yi:•::ii:? ~%:::i:::i::}:y;:?:::i:i::.`•::ism::•,::'••~:;:;•;:;::.•;i:::•:::::':::::`::'::::::<:::::i:'+.:::?;:i;:•,:+:;:::i'r: ~:'•:::::::::iiii:::: ~' •.~M .v..f..: w::::: i::::.•:: •.•..m:m:::::::.•.•.•r•:::::::nip:i:::::::::i::•.•.•.•r.• ....:.....:........... .:..... ... ..`~.'~. . .. .:::::::::::..:rv::::::: :v,•: •::::::::: x:::::::::::::::: •::::::::::::.••::::.•...::?+v..:: is i.. n...::::::: ::v..::.•x::::::::.•.•.....~.v: :.:::: v::::::::::::.•:.•.w..:: x: •.:~x:.•.•:::::::: ah.. •::+1.•..:. No one wished to address the HRA. Murray Kornberg, CSM Properties, Inc., reviewed a site plan drawing depicting a mixed use office/hotel/housing/restaurant redevelopment concept for the area bounded by Knox Avenue, 76th Street, Penn Avenue and 78th Street. He reviewed the status of preliminary acquisition discussions with landowners in the area. He stated if the contract is approved a residential specialist would be utilized to assist residents in the negotiation and relocation process. He stated that the developer would strive to deal with the individual circumstances as best they can. He stated negotiations continue with the major commercial landowners and businesses but there is no agreement at this time. HRA Attorney Dean reviewed the contract provisions and preconditions that must be met for the development to go forward. He outlined some of the significant contract #imeframes as follows: • The redeveloper must complete a concept plan within 45 days. • Preconditions #o acquisition must be completed with 60 days including the determination of the level of public assistance necessary to facilitate the development. • Within 120 days the developer must provide information on site assembly status i#ems. Mr. Kornberg answered questions regarding the status of acquisition negotiations with landowners, process, and relocation benefits. He reviewed the importance of timing for the redevelopment including acquisition, infrastructure, and construction time. Chairperson Harms stated that the HRA would hold a public hearing. on the concept plan and tax increment financing at the~December 21 HRA meeting. He stated that individual landowners would have better information by then as to their situation. HRA Attorney Dean submitted and reviewed minor modifications to the contract documents on pages 26, B-2, and E-3. The HRA accepted the changes. Executive Director Prosser reviewed HRA Letter No. 60 regarding a proposed contract for private development with CSM Properties,. Inc. for the Interchange West Area. HRA Meeting Minutes -3- October 19, 1998 M/Sandahl, S/Stokes 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. 682 RESOLUTION APPROVING CONTRACT FOR PRIVATE REDEVELOPMENT WITH CSM PROPERTIES, INC. LJ Motion carried 5-0. This resolution appears as HRA Resolution No. 682 in HRA Resolution Book No. 5. Executive Director Prosser reviewed HRA Letter No. 61 regarding redevelopment proposals for the area bounded by 76th Street and 77th Street between Aldrich Avenue and Garfield Avenue. Bob Boisclair, the Boisclair Corporation, developer of many housing projects in the metropolitan area, evaluated the site and proposed a mixed unit development concept of 150 market rate apartment units and 26,000 sq. ft. of retail use on the two blocks from Lyndale to Harriet. Gary Dreyer, The TOLD Company, developer of Meridian Crossings, reviewed a proposal for the block east of Lyndale Avenue consisting of mixed use development of office and retail use; a 14,000 sq. ft. one story freestanding retail building on the south half of the block and a three story office building of 44,400 sq. ft. on the north half of the block. He responded to questions regarding traffic access points to the site. Murray Kornberg, CSM Properties Inc., reviewed a proposal that envisions a Marriott extended stay hotel of 98 units and 22,000 sq, ft. of retail and office space on the west side of Lyndale Avenue; and 150 senior apartments and 27,000 sq. ft. of office on the east side of Lyndale Avenue. Discussion followed regarding how to distinguish between the proposals, whether more senior housing is needed in the community, determination of the tax increment financing requirements and gaps, and the desire to make a final decision to settle the issue. The HRA Commissioners ranked the proposals for the east side of Lyndale Avenue as follows: HRA Meeting Minutes -4- Commissioner Helmberger 1. CSM 2. Boisclair 3. TOLD Commissioner Susag 1. CSM 2. TOLD 3. Boisclair Commissioner Harms 1. TOLD 2. CSM 3. Boisclair Commissioner Stokes 1. Boisclair Commissioner Sandahl 1. TOLD 2. CSM 3. Boisclair October 19, 1998 Discussion followed regarding economics, timing, financial analysis, and TIF requirements. It was the consensus of the HRA that the financial analysis be performed so that the HRA can be in a position to choose a developer at the next HRA meeting. Executive Director Prosser reviewed HRA Letter No. 62 regarding a proposed resolution authorizing the sale of 7532 Girard Avenue to Karla K. Dagnault and 7615 Nicollet Avenue to Mahoney Construction for residential development. Larry Wozniczka, 6744 Wentworth Avenue, questioned the land sale price for 7532 Girard Avenue. Community Development Director Palmborg stated that the appraiser valued it at $27,000. Commissioner Helmberger noted that it was an irregularly shaped lot. M/Sandahl, S/Helmberger to close the public hearing. Motion carried 5-0. M/Sandahl, S/Helmberger that the following HRA resolution be adopted, that it be spread in the HRA resolution book, that it be made part of these minutes: HRA RESOLUTION N0.683 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT 7532 GIRARD AVENUE TO KARLA K. DAGNAULT AND 7615 NICOLLET AVENUE TO MAHONEY CONSTRUCTION Motion carried 5-0. This resolution appears as HRA Resolution No. 683 in HRA Resolution Book No. 5. 1 i 1 HRA Meeting Minutes -5- October 19, 1998 ;:. ::~' ~~~ ~~ ~> ~~~: .` ~~'':.«' ''~'`~~? Ite ..,~... ~... ~~~~. :i~l ~..?: ;. :~ ~x.. :~. ~:'~`~ ~~.. :~. M/Sandahl, S/Helmberger to close the Qublic hearing. Motion carried 5-0. Executive Director Prosser reviewed HRA Letter No. 64 regarding a resolution to authorize the purchase of 6228 Pleasant Avenue, 6833 Penn Avenue and 6855 Penn Avenue under the Richfield Rediscovered Program. M/Helmberger, S/Sandahl 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. 684 RESOLUTION AUTHORIZING THE SALE OF REAL PROPERTY LOCATED AT _ 7520 PORTLAND AVENUE 1 Motion carried 5-0. This resolution appears as HRA Resolution No. 684 in HRA Resolution Book No. 5. M/Susag, S/Helmberger that the following HRA resolution be adopted, that it be dread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION N0.685 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 6228 PLEASANT AVENUE, 6833 PENN AVENUE AND 6855 PENN AVENUE Motion carried 5-0. This resolution appears as HRA Resolution No. 685 in HRA Resolution Book No. 5. Executive Director Prosser reviewed HRA Letter No. regarding consideration of a resolution to authorize the sale of HRA property located at 7520 Portland Avenue. HRA Meeting Minutes -6- October 19, 1998 ::< i~:C:iY:•:::•i:•:v?.itii+•:•:•$:•~.:: }:~ `.i+•: ~ i:.tii;:;:}:ti~':•,:::Si?S•:{>•:ti~i::•,::•yi:•:S:%r$?:::•:%~ri:::•:~:::~:•:v::•:•:~5::'~:ti~:>::•:ti::ti{ i:•:~:::•,:'i.:+ :::'.•ii:•i::}:::::::::::2::':::::::::.•.•.•.•::::::::::.•...•::;::$::}::::::•:•':. n ..: ...:......: ..:.:...:v ...::...::ti.;.'..:..{.:~.,~...•:.,...,.: .: ... r.. ,.}v...:.:..: .}.f.~..y.~..:.• ..:..,::•'v::::;::•':::ti¢::::;:i}:j•:}:>:::::•::i:•:;:::,:~Y.:1:~-:~:~:•::i:::::::};L'i,'ti:::}}.::::{titi:.i:•:::::•::'•,::$ :U• .: ..:. .•:.::. ~ .. '::: ~~ . ::}. ~'~ • +. ri : .. ". ~' ::• :' . • • •{'+1MS~NM~R:: . ~ i:•11F Y,iv::+:•:•i:::•ri:•::i:::'•::'i ••:Y::$:i: Item #8 ~I~~:'':.~:,,.:.~.~....'~`~..: ....:... .: r .> :::.:.:.::::::.:.:........ 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M/Stokes, S/Sus~g 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. 686 RESOLUTION AUTHORIZING ISSUANCE OF CERTIFICATE OF COMPLETION FOR RICHFIELD REDaSCOVERED PROPERTY AT 6921-12TH AVENUE Motion carried 5-0. This resolution appears as HRA Resolution No. 686 in HRA Resolution Book No. 5. ::::.::.:..; .::::::..::::.::. ~ :::::::::.:i.::: «:,....................... .. . `~~ <~~<. ~{ Item #9 ..;:~~~.~'~'~ ...........................~».:::.::i::.~..~::::::::::.:.:::.~.~::::.:::~:::.~::::::.:::..:::.:::::=::.::::.::::..:::::...............................:.:..:::....:: .:~ .:::::..:::::::::::::::::.~:.~:::::.~:::::::::::::i:::i:::..:.::::::::::.::.<.::::::. ::..................:............................ ::: •.~~••• •i.~•••:~ . ~~.. ..~~.. :';*~:,: }}•,: Executive Director Prosser reviewed HRA Letter No. 66 regarding a resolution to authorize a temporary easement on HRA owned property for the Gramercy Senior Cooperative Housing Project. M/Susag, S/Sandahl 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 N0.687 RESOLUTION AUTHORIZING TEMPORARY EASEMENT Motion carried 5-0. This resolution appears as HRA Resolution No. 687 in HRA Resolution Book No. 5. :::;;<::;.<i :.::.:::: ~.:~::::: i :.:: ; ... :::.::..: : :.: ~ .: :: : . ...~~~ ......................~...:........ ...:........................................................... ~.....: ~............:.:.:.::::.::::::::::::::i::::i::.::.::. :::::::::..ii.:::::::.::.~:: :.::::.:::::.::::.: ~. >` ~<a~ ..................,. ::.. ::.:...:..........:::.....:.i .: .......:.:......i.; ...... . ::.. .i: -. is ::.. .::.;ii:.iii:.ii:.i:.i:.;:.;i:.i::. ::.: ..........,.::::.i:.i..i:.:.: ~r~ ......::.:::::.<.i:;.;..i...i::.iiii::.iii:.ii:.i:.;:.i:.::.ii:.i::i:.>i>ii:.... .. ....... :.iw:.i:.ii~ :<.i::::i::.:.iiiiiii:~ .::.:::::.::::::::::::::::::::::ii::<.i:<:.:::.:i::.isi:.ii:.i:.::.:~.::.::.:,::::.. . . ::::..:.... . . . :.••4•: ii.'•:?i4iY4i:•:H:•:•y?:4:4::•:•i:•iii:•:•:•iiiiii}iiiii: i:: F.v:: x~:::: x:: ?m:•i %Ci}:+.Gi}iiii:•i :. n .~:.~:::::::.:'•.v.:.w: nv::: x.. 1{.:v:: w::?v:.•.i:.•~v.•.•.•.•.•.•.•.:.•.•.•.•:::::::x.~:x:i:•:•:l.~: isixi:::::i~v:x.•x:•.•.•:.•.•n:v::.:.:.; •::x:..•::::.:~::::: ..:1:.: •::::::: ~•: x:: <~i.\`:}:•`:?{i~ {}:4::• ~:~:•iiii: is::v::$:::::::!$:::~ ::{ i:?~iiiJV$::i rv:~:::~iii:> ii:•:•::.'•;:::•.:::•,:::::{•r:•:~:•i ~:i~:? ~: i:4::::•i:•:i~i:~i:~iii'•.'•: HRA Meeting Minutes -7- October 19, 1998 Executive Director Prosser reviewed HRA Letter No. 67 regarding a proposed contract with Hennepin County for $100,000 in HOME funds to purchase and rehabilitate one home in Richfield in cooperation with Cornerstone Advocacy Services. He stated that the site being considered is 6600 Oakland Avenue, previously the site of Hat Trick Hockey. M/Stokes, S/Helmberger to improve execution of the contract with Hennepin County for $100 000 in HOME funds to purchase and rehabilitate one home in Richfield in cooperation with Comerstone Advocacy Services. Motion carried 5-0. 1 M/Sandahl, S/Susag 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. 688 1 RESOLUTION MODIFYING THE INTERSTATE-LYNDALE-NICOLLET (ILN) TAX INCREMENT FINANCING DISTRICT VNITHIN THE RICHFIELD REDEVELOPMENT PROJECT AREA AND ADOPTING THE MODIFICATION TO THE TAX INCREMENT FINANCING PLAN RELATED THERETO Motion carried 5-0. This resolution appears as HRA Resolution No. 688 in HRA Resolution Book No. 5. Executive Director Prosser reviewed HRA Letter No. 68 regarding the proposed Modification to the Richfield Redevelopment Project Area Redevelopment Plan and Interstate-Lyndale-Nicollet Tax Increment Financing Plan. Executive Director Prosser reviewed HRA Letter No. 69 regarding discussion of potential elements that should be considered for an agreement with the Ryan Companies regarding potential redevelopment of property in the Cedar Avenue Corridor. HRA Meeting Minutes -S- October 19, 1998 Commissioner Stokes stated concerns about the potential for miscommunication and whether residents would interpret this action as meaning the airport mitigation redevelopment is a "done deal", wh®n it has not been determined yet. She also asked if this could preclude MAC from relocating hotels to this area. Executive Director Prosser indicated it would be beneficial in planning ahead to respond to the new development issues such as the new 66th Street/Highway 77 interchange MAC has proposed, interest in redevelopment near 1-494 east of 12th Avenue, and airport mitt~ation redevelopment issues including the potential of the relocation of the hotels. Commissioner Sandahl stated some people may misinterpret that this would mean redevelopment, it is important that the HRA and City have realistic information to flesh out airport mitigation alternatives and options of such a plan. Chair Harms discussed the importance of criteria being developed and demonstrated that will help the HRA determine feasibility of mitigation possibilities. Executive Director Prosser indicated that a proposed Letter of Understanding would be drafted by staff. It was the consensus of the HRA that staff move forward with the process keeping in mind the importance of communication regarding this action. Executive Director Prosser reviewed HRA Letter No. 70 regarding consideration of granting a utility easement across the western edge of the restaurant site in favor of Candlewood Hotel Company. Larry Wozniczka, 6744 Wentworth Avenue, stated concerns that the utility easement would deter placement of a restaurant on the site and that no compensation is being given for the easement. Executive Director Prosser stated the easement would not be detrimental to development of the restaurant site. M/Sandahl, S/Stokes to approve a utility easement across the western edge of.the restaurant site in favor of Candlewood Hotel Company at 351 West 77th Street. Motion carried 5-0. ~1 ~: HRA Meeting Minutes IVo discussion. ~::~::: 5 ~:~~'' Item #1 ~~I;t~.. ~`. -9- M/Sandahl, S/Stokes that the following claims and payrolls be approved: FIRSTAR BANK Section 8 Checks: 12830-13002 FiRA Checks: 19467-19486; 19560-19613 October 19, 1998 $118,796.45 $728,231.56 Motion carried 5-0. r-~ The meeting was adjourned by unanimous co at 9:03 p.m. s Date Approved: 11/16/98 °~ Thomas E. Harms P~ y~ s // Thomas P. Ferber City Clerk D. Prosser ve Director