082211 PacketPLANNING COMMISSION
AGENDA
August 22, 2011
CITY PLANNER
7:00 p.
m.
IntroductoryProceedingsRollcall
Approvalof
Minutes:
Meeting
of July25,
2011
andthe
Annual
BikeofAugust8, 2011
pportunity
for
Citizens
totheCornrnissionon
itemsnot
on
theAgenda
Public
Hearing
ITEM #ASP-03arequestfor
a
major
site
plan
amendment
to
construct an9,600
square foot,
two-
story
additionat160078thStreetECOsmarte). Thisitempreviously
approved
in2009.
ITEM #
2' Letter #
20ITEM #
11-
CUP-
01
NewBusinessan
amendment
tothe
Zoning
Ordinance.
The
proposedordinanceremove/clarifyusesintheUse
District.
Conditional
Use
Permitfor
6439 &
6463Lyndale
Avenue
continuedJuly
25,
2011 - iIVITH®
RAV161V
ITEM #PC
Letter #21
Business
Liaison
Reports
Findingof
Consistency
ofTIFtheComprehensivePlanCommunity
Services
Advisory
Commission
City Council
Housing
andRedevelopment
Authority (
HRA)RichfieldSchool
Board
TransportationCommissionof
Next Meeting
Date:
September
2011
Adjournment
Auxiliary
aid
for
disabilities
are
availableupon
request.
Requests
must
be
made
at
least
96
hours
in
advanceto
the
City
Clerk
at
612/861-
9738".
Planning Commission
i n utes
July 25, 2011
MEMBERS PRESENT:
ChairRublein,
Dennis
None
STAFFPRESENT:
Poehlman,
City
Planner
KarenBarton, AssistantCommunityDevelopmentDirectorOTHERSPRESENT:
PatElliot, CouncilMember
Chairperson Jabscalledthe
meetingtoat7:
00
p.m.
APPROi/AL
OF
MINUTES
M/Vizecky, S/
Roottoapprove
theminutes
ofthe June27, 2011
regularmeeting July11,2011
study session.
Motioncarried: 7-®
OPEN
FORUM
None
PUELIC
HEARING(
S)ITEM #
1
Case
No.
11-CUP-
01 -Continuethe
publichearing
to
consider a
Conditional
Use
Permit
allowing
a
restaurant
with
seatingat
6439
and6463
LyndaleAvenueto
August22,
2011.
City
Planner
MelissaPoehlman (
Poehlman)
explained
that
theapplication
relatedtothis
requestincomplete.
The
applicant
hasbeen
notifiedofthe
outstandeng
items
and
this
item
willbe
considered
once
the
materials have
beensubmitted.
July 25, 2011
M/Root, SNizecky to continue the public hearing to consider a Conditional Use Permit
allowing a restaurant with
seatingat
6463
toAugust22,2011.Motioncarried: 7-0ITEM #2CaseNos.
11-PUD-
01 & 11-FDP-01 -Considerationofafinaldevelopmentplanandconditionalusepermit
adevelopment
and
and
land.
report,
deviations from
the
underlyingzoningspecificstaff.iftoL.wouldpatrons.
Poehlman and
Assistant
Community
Development
Barton (there
are a
variety
ofthis
staffoutcome
disruptive.
TanyaBellPeteKeely (Keely), PaulSchroeder)
and
Ali
Newton (
Newton}.Commissioner
Scaglia
arrived.Various commissionersstated
that
theyfoundthe redesign
thesite
to
be
a
significant
improvement; however
the
areaalong
65t" Street
is
lacking.Schroeder
to
Streetthat.responsepermitting
of
withasthe
July 25, 2011
M/Vizecky, S/Hall to recommend approval of a final development plan and conditional
user permit for
a
at
6501
Lyndale
Avenue
to
resolution:
Stipulation #
2
read:
That
developeranacquirestheHousing
RedevelopmentAuthorityparcel.
Stipulation #
5
to
read:
Thatrevised
building
renderings
including
1)
vertical
architectural
elements
at
thenorthwest
cornerof
theL.
A.
Fitness
building
and
the
southern
endof
theretailbuilding
and2)
additional
windows
with
two-
way
visibility
on
both
the
L.
A.fitness (
mir,
i°,,.,°„ ~~o~ ^
f,
w,.,
ll .,
r°.~ along
eastsideand
along65t"
Street)
and retail
building
be
submittedtoand
approved
by
the
CommunityDevelopment
Director.Stipulation #15
toread:
Priortothe
issuance
of
an occupancypermitforeither
L.
Fitness
the
retailWellingtonManagement,
Inc.
shall:1
LI^~
i°
n°
ni ~r°
rlh~ iilrlinrr
r°rmi+~
fnr
Dhno°
II
of +h°
r~rni°n+
b)
Submit
a surety
equal
to125%
ofthevalue
of
any
landscaping
improvements
not
yet complete.
Motion
carried:
8-
0ITEM #
3PCLetter #
18 -
Consideration of
amendments
to
thesZoning
that wall increase permissions for horticulture/community gardens,
animal
kennelstattoo
certain
setbacks
and
remove contradictory
minimum
lotmulti-presentedhighlighting
specific
thatproposed.The
Commission discussedcommunity
decidedthis.
to
close the
public
hearing.ed: S/approval
of
theordinance
animal
minimum
areas, shops.Carr/IVE16V ~
July 25, 2011
PC Letter #19 -Consider adoption of a resolution
finding
that1) amodification
tothe
Redevelopment
Plan
for theRichfield
Redevelopment
ProjectArea
is
consistenttheRichfieldComprehensivePlan;
and
2)
establishment
ofLyndaleGardenTax
IncrementFinancing
District
andTax
Increment
Financing
PlanwiththeComprehensivePlan.Barton
presented
the
staff
report
and
answered
questionsfromCommission.Barton
emphasized that
this
did
notconstituteapprovalaspecificbutratherthatof
Tax
Incrementin
this
areaconsistent
withthe
Plan.
M/
Vizecky,
S/Kitzbergerapprove
the
attachedresolution.
6-
2 (
Root
dissenting, HallOLDBUSINESSLIAISONREPORTSCommunityAdvisory
Commission:
No
report
CityCouncil:
No
reportHRA:
Report
byRoot
Richfield
SchoolBoard:
No
report Commission:
Noreport
of
Commerce:
No
reportOther:
No
reportsVizecky, toadjourn themeeting.
Motion
carried:
8-
0 The
meeting
wasadjourned
by
unanimousconsentat
9:
21p.Robert
4
Planning Commission Study
Session Minutes
August 8, 2011
MEMBERS
PRESENT:
Rick
Jabs, Gordon
Vizeckyand
DanielKitzbergerMEMBERS
ABSENT: Commissioners
RobertHall, JoshRoot, Tom
Rublein,MaureenScaglia, Dennis Schuller
STAFF
City
PlannerBarton,
AssistantCommunity
DevelopmentDirectorJeff
Pearson, Transportation
EngineerJimTopitzhofer, RecreationDirector
OTHERSPRESENT: CouncilMemberSue
Sandahl
study
began
at
30
p.m.
Staffled members
ofthe
PlanningCommission, CityCouncil, Bicycle
TaskForce andCommunityServices
Commission
of
redevelopment along
LyndaleAvenue
andpotentialbicycle
routeson
thenorth sideofthe
City. Developer representativewerepresent
to
their
projects
at
former
Lyndale
Garden
Centersite,
former
Kmart
site
andfuture
apartmentsiteat
64t" Street
and
Lyndale
Avenue.
ADJOURNMENTThe
meeting
was
adjourned
at
7:
00
p.
m.
DanKitzberger
Vice-Chairperson
AGENDA SECTION:
AGENDA ITEM #
REPORT #
CASE #
PUBLIC HEARING
11-ASP-03
J PLANNING COMMISSION STAFF REPORT
PC' l~EET'ING 1~'I'E:
A~
Publichearing
regarding
request
amajor
plan
to at1600
78th
East. itemwasreviousl
IZECOIvIMENDED
andand
motion:
Recommendapprovalof
attachedresolution
approvalofamendment
1600
78thStreetofattotheiroperations
by
constructing
a2-
story,
approximately9,
600
squarefootbuildingaddition.
The
retail
showroom
and
three
residential
units
onthe
second
floor.
The
residentialunits
areintendedfor
useby
out-
of-town
employees
for
extendedstays, although
they
could
be
rentedjust
asany
other
apartment
units.
Inaccordance
withSection547.
13,
Subdivision
9
ofthe
City
building
must
be andconstruction
begin
no
later
than
one
year
following
the
dateof
approval
or
site
plan
approval
shall
lapse,
unless
an
extension
is
granted
by
the
City
Council.
At the
time
of
the
initialapproval,
theownersbelieved
thatconstruction
would
beginquickly
and
an
extensionwasnot
discussed.
That
said, a
new
approvalof
the
project
is
required. The
only changeis
to
the
exterior
finishes of
the
addition.
III.
BASIS
OF
I~ECOIvIMENDATION
A.
POLICY
An
additionconstituting
more
than
a
25percent
changeinfloor
arearequires
a
major
amendment
to
the
existingsite
plan.
Major
amendments
require a
public
hearing before
thePlanningCommission
and
final
approval
by
the
CityCouncil.
In
evaluating
a
site plan,
thePlanningCommission
and
its
the
redevelopment
plansfor
thearea;082211 -
ASP160078`" StE -
ECOSmarte
The Comprehensive Plan designates this property as
Regional Commercial. The existing business is truly
regional in the largest sense -serving customers throughout
the
United
States
andabroad.
TheZoningOrdinance
designated this
propertyas MixedUse -Regional.
Theproposedadditionembodiesexactly
the
the
City
whenrezoningthe
I-494 Corridor.
b) Consistency
withtherequirementsofthe
ZoningOrdinance;Theproposalmeets
thelandscaping,
screening,architectural, utility,
andwaterrequirements
of
theCode.
In
instances
where
astructure
containstwoor
moretypes
of
uses, the
Zoning
Code
requires
the
total
off-
street
parking
each
calculated aarrangementapplied. case, requiresthere30onAnrequestofrequiredparkingsubmitting
trafficwas
SpackConsultingandsupportsareducedrequirementbasedonthepeakrequirementofeachuse. Thestudyrecommendsthat35parkingstallsbeprovidedand
thatany
semi-truckdeliveriesbescheduledforthemorningpriortothetimeofpeak demand.Theproposedsiteplanincludes39parking
spaces. This
reductionis
supportedby
staffgiventhefindingsof
parking
reduced
requirement
is
further supposed
by
the
fact
that
the
ownersintendto
hire
only
two
additionalAlightingmustbe
submitted
and
reviewedcomplianceprior
to
the
issuanceany
permits.
c)
Creation
ofdesignforstructuressitefeatureswhichpromote
the
following:
i.
Aninternal
sense
of
order
among
the
buildingsanduses;The
site
has
building.ii. Theadequacyofvehicularandpedestriancirculation, includingwalkways, interiordrivesandparkingintermsoflocationandnumberofaccesspoints, generalinteriorcirculation,
separationpedestrianvehiculartraffic
of
parking;
isprovidedfacilitate
movement
alongsouth
thethe
door.Energythroughdesignstructurestheof
materials
site
The owners wish to be models of sustainable environmental
business practices. The
proposalincludes
asystem
tocapture
stormwater
run-
off
for
irrigation
andpotable
wateruse, rain
barrels, photovoltaic
panels
andmore.
iv.
The
minimization
of
adverse
environmental
effects
on
the
adjacent
properties.The
captureof all
stormwater
run-off willeliminateany
impacton adjacentproperties.CRITICAL
ISSUES
previously
approved
theCity Council
inNovember2009.
Thebuilding
additionwillprovideanexample
ofthetypeofredevelopment
the
see
continue
theI-494
Corridor.C. FINANCIAL
Therequired
applicationfee hasbeenpaid.
D. LEGAL Notification: Notificationof
this
in
the
CurrentNewspaper in
accordancewithState
andLocal
requirements. Mailednoticewassent
toownersandresidentswithin
350
subject
property.
ALTERNATNERECOMMENDATION(S)
Recommendapproval of
theproposed
majorsite planamendmentwith
additionalstipulations oramendments.Recommend
denial
major
site
amendment.V. ATTACHMENTS
ResolutionProposedplans
Parkingstudy
memorandumAreazoningandland
usemapsVI. I~RINCIPAL
I~
1VIEETING
Larry
Jr. - co-owner
RESOLUTION NO.
RESOLUTION GRANTING APPROVAL
OF A MAJOR SITE PLAN AMENDMENT FOR
1600 78TH STREET EAST
WHEREAS, an application has been filed with the
City
of
requests
of major160078th00feet
the
480 feetthe
Quarter
of180.26
thereof,• to
the United States Government Survey thereof, Hennepin County, Minnesota.WHEREAS, the requested site plan has been
reviewed by staff and meets City requirements; and WHEREAS, the proposed siteplanis
consistent
andany
redevelopmentplansestablishedforthe
area; and
WHEREAS,
the
proposed
siteplan
promotes
anWHEREAS,
hasfullyconsideredtherequest
for
approvalforthesiteplan; and NOW, THEREFORE,
BE
IT
RESOLVED,
by
thetheCityassiteincludingparkingandindicated, herebyspacesaccordancewithstandards.spacesmustyearmaintainedbeordisrepair.AplanbeapprovedDevelopmentObtainneedstobeboulevard.issueofOccupancythemetand/anisincompleteThisincludesignsondrawings. signrequired.siteoneyearapprovalunlessobtainedprojectbegun; orrequestedissuedtheby13, Subd. of
Adopted
by the
City
of
the
City
of
Richfield,
13th
day
ofSeptember
2011.
Debbie
Goettel,
Mayor
ATTEST:
Nancy
Gibbs,
City
Clerk
TREE PRESSRVATON NOTES'PER RICHFIELDCITYCODE 544.03. SUB0.4, GENERAL LANDSCAPING REOUIflEMENTS ~ '
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NOTENCESSIVE SOIL MOSTUAE 1 S.GOLUTIONSAND WASHING EQUIPMENT SHALL B NOC D6 RTNAN75 FEET
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IFIEQ PER60NNEL PLLWOPN SHALL BEPEAFOAMEOIVITHIHEPAOEREWENBLWHENANYCONSTAUCTIONTRAFFICMUBTPASSNEAPERi0APROTECTEDTREE
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PROTECTED TREES WILL BE ALLOWED ONLYFOP REM1LOVAL OFOAMAGED DISfIGURfDORCROSSWG BRANCHES;EVIDENT, iHEDIRECiORMAYAEOUIRE SUBMTTAL OFAPWBFOAPOSTCONSTRUCigN CAPE FOR
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b) OVANTITIESI (TREE PER 2,508 SFOF
DEVELOPABLE IANDSCAPING AREA =14.
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RRER = 35,245 SF TOTAL TREES REQUIRED ON
SRE 15
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REPRESENTS EXISTING
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uxrzs2
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ITING
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TINGUISHER
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4 EXISTINGPROP
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6NEW DRINKINGFOUMAIN
7NEIVBARRIEP~FREETOILET
e
HANDICAPCURB
CUT
WITH
TACTILE
WARNING
9
HANDICAP
PIATFORM
LffT
PLUMBING:
PLUMBING
FIYTURE
COUNT:
20061n1emalDots
BuiltlngCd (
T
b1e
2902.
11Bas¢a¢
nseparacenn'
le
g
P
ti¢s.
I.Offica'B
lExisrcg)
86 (
43M
843
Women)2
Ydarehcuw/S~2 (FNasel)
9 (
45Men845Worren]ioWOccupancy - 95
WATER CLOSETS
REQUIRED.4.
34.5I.OIfrEll
per
25)-
I.MNan
and
1.72
Women
2.
Warehouse!
5211
pet
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D 045Menand0.045'NOmenE) Women:dWa1a
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1
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TOTAL
WATER
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PROVIDED =
9LAVATORIES
REQUIRED -2.24 =3I.
ONkaIB (
Iper
W) • 1
Men
antlI.O75Women
2Warehouse!
S4IIper
100) = 0.645
Men
and0.
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2Lavabdes
Provided
E)
Men=
2
LavatotlesProvided
Nary
WarehouscvAelail =1
Lavalaries
ProvidedTOTALLAVATORIESPROVIDED =
5
DRINKINGFOUNTAINS
REQUIRED .2 8852(1.
17=
22) ExistDrinkng
Fountains
near (E)
MEN
and )
E)
WOMEN
TOTAL DRINKINGFOUNTAINSPROVIDED.
2SERVICE
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2
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Provided
TOTAL
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SINKCODE
SUMMARY:ZONING:SITE:rmalslea¢a s1
acrea 13s,z4ssq 20NE: _Mizell Use
Regional ~MU~fl STRUCTURE SETBACKS:Gfyof R chFeld
Zoning Ordinance (&eclmn 537.07, Table 2 Mizell Use
Bulk g Olm Standards)Frain
OFT MIN,
MA%
Side ~
Buld'
2
NO
SETBACKS:
Cityd
RChfeld
ON'
wnre (544.Subd.Parkngibe
feel
lrom
N
Section537.
3M"
SF7PF.F1500 =545pacesungalohaS2 (baWhereof21occupancyHebWldingNo
CansWChan
Class
Ir [FIP025]
FP, 30)
h (
azs]
3orAO-~12.I,-I System
506.
sorry)
46,
000
SF.
Tata'
AllowaNeArea !perStory)
81,0605E
Existing
Bu
ld'
rgM
Fba ~
6,7505E
Proposed
Addlon
PAain
floor
5,
620
SFExisting &
rlklrig
Upper
flwr ',
5,
750
Upper
770
TOTAL
922 SF
ALLOWABLE
HEIGHT:
BusinessB
Oaupxrryper
22
SICry
EI(Plans
ilGIOI
la
Capacity,
Widths.
Spralklers=
15'
3
Canmon
Travel
B: shall
npre
100'
82:
shell
oat
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exception
1076,
1
dlstanrelimilalions.
Csoap
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V N E ~ u! ti c II o ~ d
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G•101 A0908
i
THE TRAFFIC STUt~Y COMPANY
e randu
To: Chris Hanson, Vanman Architects & Builders
Frorn: Mike Spack, P.E.
Date: 10/16/2009
Re: ECOsmarte Parking Lot Analysis -
Richfield, MN
afterrequiredexpanded
00lot
utilization.
The
results
are
shown
in
Table
1.
The
peak
parking
lot
usage
was
18occupied
stalls.
The
building
square
footage
is
proposed
to
increase
by
96%.
Factoring
the
peak
parking
demand
by
this
ratio
means
35
parking
stalls
should
be
provided
for
the
expanded
building.
Therethe
ECOsmarteshouldParkina
Lot Utilization8:00a.
m.
e
5
i ®e
1
i
6
8:14
a.m.
1
7m.11:
19a.m.1
16
1
1
1.
8
11:
25
a.
m.
1151
117
a.11113
4:
44 .
m.
110
1
1
12
5:00 .
m.
10
1
112
1600 78th St E -SitePlan
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1600 78thStCP.
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SurroundingZoning MR-1
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AGENDA SECTION
AGENDA ITEM #
REPORT #
CASE #
PUBLIC HEARING
2
20
I PLANNING COMMISSION STAFF REPORT
PC METING SATE: AUGUST
consideranamendment
totheCity's Zoning Ordinance. The
proposed change will clarify which uses are considered "conditional uses"
inthe
various mixed use districts. This Chan
eis
a clarification as opposed
to
apolicchape.II. RECOMMENDED
ACTION: II
Conductand close apublic hearing and bymotion: Recommend
approval
of
the attached
ordinance
amendingSubdivisiontomixeddistricts.BACKGROUNDtheCodedistrictstablewhetherparticular
uses
are
permitted,
permitted
as
anStipulationsconditionallyusesaresubsection05); sentencetosubsection
andlead
residents/ownersto
believe
that
the
uses
permittedinalluselistedtable. proposedtheNo
useare
proposed.OF
RECOMMENDATION
A. POLICY
Clear
and
ordinancesthatdescribetoserviceconsistentoftheperiodicupdating
that regulations
are
serving
theirintendedB. and/contradictorymisunderstandingsunintendedconsequencesnot
C. FINANCIAL
N/A
D. LEGAL
Notice
of
this
publichearing waspublishedin
theSunCurrentinaccordance
withandLocalrequirements.
Other Actions:Council:
Therecommendation
ofthe PlanningCommissionwill
gototheCityCouncil
for
the
City
adoptstherecommended
changes, theywill
take effect
30daysaftertheapproved
Councilresolutionispostedin
the
IV.
ALTERNATIVES~ofwithadditionalchanges.RecommendV. ATTACHMENTS
OrdinanceCurrent
CodeSubsection
537.
03and537.
05 (partial)
forcontext
VI. PRINCIPALPARTIES
EXPECTED
AT
MEETINGN/A
BILL NO.
AMENDMENT TO RICHFIELD CITY CODE RELATED
TO
ZONING
SUBSECTION
537.SUBDIVISION
1RELATED
TOCONDITIONALUSES
IN THE
MIXEDUSE DISTRICTSTHECITY
OFRICHFIELDDOESORDAIN:Section
1
Subdivision
1the
RichfieldCity
Codeisamended
toread
asfollows:537.05. Conditional
Uses. Subdivision 1. ~I~e-
uses-
ted-
this-
s~~
ro ,.,,
nom,,+;,,,,~~ ~,~o~ ;,, +
Conditionaluses u,~,.,, ,~.,,
u~~ ,-,,,-z ,
listedinTable1are
subjectto theconditionaluse
permit
Subsection
547.of
thiscode
andthefollowing
conditions.Section
XThis Ordinanceiseffective
inaccordancewithSection3.
09
the
City
Charter.
by
the
City
Councilof
the
City
of
Richfield, Minnesota
this27thday
ofSeptember,
2011.
Debbie
Goettel,
MayorATTEST:
Nancy
Gibbs,
City
Clerk
Richfield City Code (7onin~)
MU District
X37.03
537.03. Permitted Uses. Subdivision 1. "1'he following table establishes peri]]itted,
conditionally
permitted
ses
Districtfollowing
abbreviations
withinthe
use
table:
P=
permitted
useA=
accessory
r.
C= permitted
I2 -
N__i~(?!
Yl~'
K('
r---- --1011a1lallC
oral
services ~P PCN_
services _
P
serving
alcohol)
P GRestaurant
Class
cafeteria)P P
Restaurant
ClassIII (fast
food/
convenience}C1V (
only}
P
Station /
convenience
store
P
N
vemence
I'clinics
A
motel (defined
as
6
or
more
rooms)
PP _
N _
andNathleticIf\
uto
salesor
lease -C
rentalfacilities
accessory
a
primaryAN
aftice
or
use
to
a
rdul~
establishmentsas
defined
and
Cit}~
day
p
P
SInEN77A!_
Dwellingtownhouse
Pruin.
3
units)
P
P
Pbut
see
X37.
07.
Subd.
2a)
L,
ive -N
Y
living
facilities, nursin<?,
rest
hones
P
Richfield
CityCode
X37-
3
Richfield City Code (Z,oning)
Mt1 District
537.03, Strbd. 1 (cont.)
Use MU-R MU-C MU-N
I r~:S TI T UTIO~V A
L/
PURL
snotsimilar
areand
are
subject
to
the
conditional
use
permit
provisions
outlined
in
Subsection
547.
09
of
this
code
and
the
following
conditions.
Subd.
2.
Regional
retail
services
in
MU-
C.
Regional
retail
services
in
the
MU-
C
district
provided
that
retail
uses
with
over
50,
000
square
feet
ofamulti-
multi-Subd. met:
The retailusesfronton
an
arterial
street
andmeet
the
area
requirements
ofSubsection
537.07,
Subd.
RestaurantservedUses
withdrive-up window
or
teller
service
provided
the
following
conditions
are
met:
a) Nodrive-
upwindow
shallofpedestriandevelopment.adequately
address
circulation
issues
andpotential
noise
or
light
pollution;Kichfiicld
City
Code
x;
7_4
AGENDA SECTION: PUBLIC HEARING
AGENDA
ITEM #
3PC
LETTER #CASE # 11-
CUP-01
PLANNING
COMMISSION STAFFREPORTDATA: ATJGLTST22, 2011
ITEMF®
IZPLANNING
C®
MISSI®NINF®I~
MATI®
N:
The
hearing
tofor
arestaurant
at6463
Lyndale
Avenueiscancelled.I.
BACKGROUND
On
August
9,
2011,
City
staff
was
notified
by
the
applicant
that
the
applicationfora
Conditional UsePermit
to
operate
a
restaurant withseatingat
Avenuewas
being
withdrawn.
AGENDA SECTION:
AGENDA ITEM #
REPORT #
CASE #
NEW BUSINESS
4
21
PLANNING COMMISSION STAFF REPORT
PC 1VIEETING D~4TE:
AUGUST
22,
IZ
PL,
C®NSII~EI~resolutionfinding
that
the
Redevelopment
forProjectAreaHousingTax
Increment
Tax
Increment
Financing
Planwith
the
Richfield
1
Financing
District (
IlVoodlake
Housing) onrith
the
Richfield
12,
2010
the
Richfield
PlanningCommission
consideredaresolutionfinding
that
the modificationtothe
Redevelopment
Plan
far
the
Richfield
Redevelopment
Project
Area
andestablishment
oftheWoodlakeHousing
Tax
Increment
Districtand
Tax FinancingPlan
consistentwith
the ComprehensivePlan
voted5
to
1
to
approve
the
request. Since
that
time
minor
changeshave
been
made
to
thedevelopment
that requires
the
Planning
Commission
to
review
a
finding
of
consistencyagain
for
the
project.The
basic development
concept
remainsthe
same
as itwaslast
presented
to
the
Planning
Commission.
The
project
entails
thedemolition
oftheexisting25,
000
sq.
ft.
multi-
tenant
retailbuilding
and
the
construction
of mid-
to-
upper
level
rental
housing
with 20%
of
that
meeting
statestandards
as "
affordable" tohouseholdsearning atorbelow50%
of
the
areamedian
income.
There have
been, however,
a
few
revisions
to
the
site
and
building
plans.The
revisedproposal
increases
the
overall
value
the
projectbycreating
unitsthatwillrent atahigherratethanthe
previousplan.
lJnit
sizes
the
projecthave
increased
byapproximately15-20 percentperunitand
the
interior
amenitiesof
the
project have been improved. The community and fitness rooms are over 200 percent
larger, interior finishes have been improved and offices and a business center added.
The revised proposal increases the unit count from 90 to 94 and
includes
5
size
hasapproximately20,
revision
also
includes
expansion
spaces.
increase
allow forfinishes.
entire
exteriorisbrick, cement
board or metal panel. Previously, the
project included large areas of
vinyl siding,
all of which
has beenremoved.
In
addition tophysical changes to
the development proposal, the
Developer has also changed
the
mannerbybeof $than
payable
only
if
the
Developer
pays
real
estate
taxes
for
the
Project
in
the
amount
of
more
than $
144,
000
in
any
calendar
year.
Payment
of
the
B
Note
would
not
decrease
the
amount
of
payment
that
the
HRA
would
receive (
either
for
its
property
or
for
payment
towards
administrative
costs).
In
order
to
allow
for
this
request,
and
consultants
and
TaxPlan
second
pay-
as-
you-
go
note
in
the
TIF
Plan'
s
budget.
Pursuant
to
Minnesota
State
Statute,
a
change
in
the
TIF
Plan'
s
budget
requires
another
public
hearing
before
the
City
Council.
On
August
9,
2011
the
Richfield
City
Council
made
a
call
for
a
Public
Hearing
to
be
held
before
the
Council
on
September
13,
2011
regarding
the
amended andrestated
TIF
District. Before
the
Council can
consider
the establishment
of
a TIF
District,
state requires
that
the writtenopinion (theofwhether
the
redevelopment
plan
conforms
to
a
general
plan
for
the
development
of
the
locality
as
a
whole.
The
following
is
an
identification
of
the
manner
in
which
the
proposed
redevelopment
plan
conforms
to
the
Comprehensive
Plan:
Land
Use
Richfield'
s
Comprehensive
Plan
identifies
this
area
as "
Mixed
Use,"
which
is
a
category
that
was
created
specifically
totheAvenue, the
The
intent
of
this
designation
is
to
aid in the creation of a city center that would include a mix of residential, shopping,
recreational and business uses. Residential housing in this area is intended
tobedensity, 50+
Theproposed
is
feet; the
94units, therefore,
achievea of
approximately
units
perFurthermore, Landchapterthe
the
following:
Bn order
continue
outdated
andto
living
in
local, community
threatening
existing
lower
density
residential
neighborhoods.Infact, done
correctly, redevelopment
can
help "
protect"
single-
family
neighborhoodsby
serving
as
a
buffer
to
more
intensiveuses."
The
Redevelopment
Plan,
therefore,
meetscategoryasidentified
ComprehensivePlan
as
as
spiritand
ofwitha
communitysurvey
was
conducted
as
part
ofRichfield'
Comprehensivethefromthe
Plan,including:
67%
the
respondents
saidit
appropriate
for
expandhousing76% said
appropriatefor
Richfield
pursue
redevelopmentopportunities;
ofrespondentsisRichfieldexpanddensityunits/
acre) opportunities {
as
to
thatsaidwasinappropriate
didHousingof
theComprehensive
Plan
provides
several
thatrelate
thefollowing:Encouragecreation
throughnew
construction
and
remodeling;"
the
proposedhousingbe
thanof
andwould
represent
a "
move
formost
apartmentPolicy: Promoteadditional
stagesof
their
cycle...;"
proposeddevelopment
offerthatthecurrenthousingin
Richfield.Policy:
Promote
development...
affordablehousing
thealternativeandcreationpartnershipsmission
itis
to
low
moderateincome
housing;" theTIFto
keeping rents
affordable.
Housing
FDistrict
notthat
be "blighted" or that existing buildings be "substandard," instead, it requires that
20-40% of the housing units be affordable to households at 60% to 80%
of
the
medianthe
Redevelopment
intent
of
GoalEncourage
of andsiteactivity
a
theComprehensivePlan
resulted
intheidentificationof theconsistenciesidentified
above,
therewerenoaspectsoftheproposedRedevelopmentPlanthatwere
in
conflictwithRichfield'sComprehensivePlan.III. BASISOF
RECOMMENDATION
A. POLICYPursuanttoMinnesotaStatutes, thePlanningCommissionisrequiredtoreviewRedevelopmentPlansandcommentonconformance
to
theCity'sComprehensivePlan (typically
means
Resolution).
A
finding
that
the
Redevelopment Plan
is
consistent
with
the
Comprehensive
Plan
would
not
construe
the
granting
of
land
approvals; Developer
will
likelytotoPlanning
Commission
at
later
into
seekland
approvals (
a
rezoning
or
a
site
plan
approval)moredetailedsiteand
building
plans
and
a
application.CRITICALISSUESTheCityCouncilhasmadeacallforaPublicHearingto
be
heldattheirSeptember13, 2011meetingtoconsiderfinalapprovalforthe
establishment
ofthe amendedandrestated
TIF
Districtandmodificationofthe
Richfield
RedevelopmentProjectArea.C. FINANCIALEhlersAssociates,
Inc.,
theHRA'sfinancialconsultant,
has
preparedthetaxincrement
plans
district.Theis
upto $
822,
TIF
Plus
500,
only
their
144,
any
TIF
be
pay-
go"
the
paid
newtaxes
Their
documentationthatthis
development
notwithout
level
ofAsa
the
ondevelopment (which
the
otherage-restricted
development
developed
in
pastyears)
received a portion of the $10 million in TIF that wasthe
Centre
housing
development, a
ramp
and
a
McDonald's restaurant).TheComprehensivePlanincludesTax
IncrementFinancingasa
recommended implementationtool.D.
LEGALChapterofthe
Minnesota
StateStatutes
requires that
whenever
the
Cityadoptsor
modifiesaredevelopment
plan, the
Planning. Commission mustreviewthe
planfor consistencywiththe
City's
ComprehensivePlan.ICI.
l~
LTERNATNE
RECOMMENDATION(
S)
Reject
theattached
Resolution
and
find
that the
proposedModifiedPlan
anddisposition
of
City and
HRA
parcels
does
not
conform
to
the
ComprehensivePlan.
V.
1-~TTACHMENTS
ResolutionModificationto
theRedevelopment
Plan
for
the
RichfieldRedevelopment
Project
Area
and
establishmentof
theAmendedand
RestatedIncrement
Financing
Plan
forthe
2010-1Housing
Tax
Increment
Financing
District (
Woodlake
Housing).VI.
hRINCIPAL
PARTIES
EXPECTED
AT MEETING
Arepresentativeof
MichaelDevelopment.
RES®LUTI®N N®.
WHEREAS, the Housing and Redevelopment Authority in and for the City
of
Richfield,Minnesota, (the °'HRA") has
proposed
toadopta Modification
totheRedevelopmentPlanfor
the
Richfield
Redevelopment
ProjectArea (
the "
Redevelopment
Plan
Modification") and
theHRAand
CityCouncil
for
the
the
Increment
forHousing
Tax
istrict (
WoodlakeHousingare
referredasWHEREAS, HRA
have
submittedthe
Modifications
to
Planning
Commission (
pursuant
to
Sections
469.
other
law,
the
Commission
the
Modifications,
Restated
Tax
in
accordance
provisions
of
Minnesota
Statutes, Section2027
to
conformityplansfor
the
and
redevelopmentofthe
City
as
thetheCity.
N®
THEREE®RES®LVE®,
by
CommissionAmended
and
Increment
Plans
conformthe
general plans
for
the
development
ofa
whole.
22nd
day
2011Commissionof
the
City
ofRichfield,
Minnesota.
RickHaBI, Secretary
s of~_=1u~ar.1~~ 10. 2011
I~
rclfJ
jbrH1Z.~~ _~hp1•rn~~il
ModificationtotheRedevelopmentPlan
forRichfieldRedevelopmentProject
Area andthe
Amendedand
RestatedTax IncrementFinancingPlan
forthe2010-1Ho-
using
District
11Voodlake
ahousingdistrict)
withintheRichfield
Redevelopment Project
AreaIZichtieldI~[ousingand
l~edevel®ptnent ~i.titl7ot•
ity
id
IennepinuntyIi~April27, 2010Adopted: forAmended
Plan: Septembe~°
1;° 201
3
Adopted:EH
LE
RS
306651697
8500e
flax ~
G51697~8b
SlnAwwwta155113-
1N0.
5
ehlers
inc.com
Table ®f C®ntents
for reference purposes only)
Section 1 -Modification to the Redevelopment Plan
for the Richfield Redevelopment Project Area
Foreword .............................................................
1-
2 -
FinancingPlanforthe 2010-1HousingTaxIncrementFinancingDistrict (Woodlake
Housing)Subsection
2-1.Foreword ...............................................2-1Subsection2-2.StatutoryAuthority ........................................2-1Subsection2-
Statement2-
Redevelopment
Subsection
Description
District
To Be
Acquired
2-2Classification2-7.Yearof3Original
Tax Capacity,
Tax
Rate
and
NetIncrement
and Notification
of
Prior3
Sourcesbe
4
Subsection2-FiscalDisparitiesElection ..................................2-Subsection
2-
12.
Business
Subsidies .......................................2-
7
Subsection2-13.County
Road
Costs .......................................2-7 Subsection
14.Estimated
Impact
on
Other
Taxing
Jurisdictions .................2-
8
Subsection2-
15.Supporting
Documentation .................................
2-9
2-
22.2-Assessment2-
2-
BofD1
Appendix
E
HousingQualifications
the
E-
1
Appendix
F
Findings
for
theF-1
Secgl®e~ 1 ° 9Vl®d®ficata®rt $® flee Redev~f®
pme~BileiE$ ~
area
represents
aModification
the
Redevelopment
Plan
fortheRichfieldRedevelopmentProjectArea: Thismodification
representsacontinuationof
the goalsandobjectives
setforththeRedevelopment
Plan
forthe
Richfield Redevelopment
Project
Area.
Generally, thesubstantive
changesincludethe
approvalof
anamended andrestatedTax
IncrementFinancing Planforthe
2010-1
HousingTaxIncrement
Financing
District (
Woodlake
Housing).
For
furtherinformation,
a
review
of
the Redevelopment
Planforthe
RichfieldRedevelopment
Project
Area is
recommended.
It
is
available
from
the
Community
DevelopmentDirector
at
theCity
ofRichfield. Other
relevantinformation
is
contained
in
theTax
Increment
Financing
Plans
forthe
TaxIncrementFinancing
Districtswithin
the
Richfield
RedevelopmentProject
Area.RichfieldHRA
Modification
to
the
Redevelopment
Plan
forthe
Richfield
Redevelopment
Project
Area 1-
1
Section 2 -Amended and Restated Tax Increment Financing Plan
for the 2010-1 Housing Tax increment Financing District (Woodlake Housing}
Subsection 2-7. Foreword
The Richfield Housing and Redevelopment Authority (the "HRA"), the
City
of
Richfield (
the "City"), staff
and
consultants haveprepared
the
followinginformationtothe
of
anand
Tax
IncrementPlan
2010-
1TaxIncrement
WoodlakeHousing) (
the "
District"),
a
housing
increment
Project
Area.
redevelopment
to
occur.
To
thisend,
the
HRA
and Cityhave
certain
statutory
powers
pursuantto
Mit7nesotaStatutes ("
M.
S.'),
Sectio7~
s169.
001
to -
X69.
0=~
7,
inclusive,
as
amended,
and
M.
S.,
Sections =
X69.
17-{
to
169.
1799, inclusive,
asamended (the "Tax
Increment
FinancingAct" or "
TIF
Act"), to
assist
in
financingpublic
costs
related
to this
This
sectioncontainstheAmendedandRestated
Tax
IncrementFinancing
TIFfor
District. relevantModificationtheRedevelopmentArea.Districtcurrently
consists
3andconstructionanthePleaseAenteredthethis201anagreementThistheRedevelopmentforojectPlanprecluderedevelopmentaretheProjectArearedevelopmentofDistrict. remainingwithindescribedPlan.toM.andrelatingnecessary
land
toadeveloper.
4. The HRA
or City
may perform or provide for
some or allnecessary
acquisition, construction.relocation, demolition,
and required utilitiesand
public street workwithin
the District.RichfieldHRA
Tax
IncrementFinancing
Plan
for 2010-
Housing
TaxFinancing
2-
Subsection 2-5. ®escription of Property in the ®istrict and Property To Se Acquired
The District encompasses all property and adjacent rights-of--way and abutting roadways identified by the
parcels listed in
Appendix
C
of
thisTIFPlan.
Please
also seethe
map
inAppendixBfurther
on
theof
District.
Thecurrently
one
parcelbeincluded
District.Subsection
Z-
6.
Classificatior-
of
istrict
need
to
inclusive,
find
that
the
District, to
be
established,
is ahousing
district
pursuant
to
M.S.,
Section =169.
174,
Subd..
ll
andM.
S.,
Section =
169.
1761
as
defined
below:
M.
S.,
Section =
169.
17=
1,
Subd.
ll:
Hozxsing
distx"ict"
meansatypeof
tax
increxazent~xaancixagdistrict
ti~>
hicbconsists
of
a
px"oject,
or
a
poz"tion
a
pi°oject, intendedfoz° occupafzcy, in
pay"
t, by
familieslo~~~
moderateonze, 4, Housingof1, StatesHousingAct
of
asofxzzzxxzicipcxlacts, theofSection {orthatfcationsnotdxst7"act.61:ementfitzaTZCingicthozxsingbe20thatomconsistnonresidentialuses.sectionlandthaxaAzxthority'ofofnot4620.02e).toas
for
thatdoesnot
meet the requirexzzents
of paragraph (
a), clause (2), if it
is tx"eatedas
a separate building, the
addition leas tzotcontexzzplated
by the tax increment
frxaancing plan ~a4zich ix~
zclzxdes
theexisting
sh"
uctux"Richfield
Tax
IncrementPlan
1
FinancingWoodlake
Housing)
Subd. 2. Owner occupied housirZg.
For owner occupied residential property, 95 percent of the housing tcnits must be initially
pur°cTzased and occupied by individuals wTzose family irzcorne is less than or equal to the
income
requirements
for
mortgage
InternalRevenue
Code.Subd3.
property.For• rental
property,
proper°
tysatisfyirzcorneegzrir•for
rentalr°district.withtheCityvdill
ofmulti-
familypersonofM.doesthe273.calendarbeforeforofTax1, 176, and176, Subd. 25yearsHRACity (whichlaterofincludingTIF phasesotherchanges, orwhentheisThereservesthedate.OriginalTaxValue/Increment NotificationSection-17=7andM.S.,I, certifiedDistrictwillonplacedpropertydeveloperbyforfrompropertyto
M.
169.
Subds.
I
the
in
year (
beginning
payment
the
by
the
original
increased
as
result
1.
Changeexempt
status
of
property;
2.
Reduction
orenlargementofthegeographicboundaries
of
thedistrict;
RichfieldHRATaxIncrement
FinancingPlanfor
the
2010-
1
HousingTax
Increment
FinancingDistrict (
VVoodlake
Housing)
2-
3
3. Change due to adjustments, negotiated or court-ordered abatements;
4. Change in the use of the property and classification;
Change in state law governing class rates; or
6. Change in previously issued building permits.
In
any
year
which
oftheDistrict
declinesbelowthe
novalue be
captured
no
taxwillpayabletheThe
rateassumingtheappearin2, Project
the
projectsshownCitytheitsProjectanofincrement (ProjectCapaeityNTC) $8,LocalPayTaxcapacitytheDistrict. thetax127,toHRArequestCounty noticetheDistrictS.,Section =~69.withlistingwithinofbeeneighteen (immediatelythemunicipalityMS., AuditorincreasenettaxbywhichpermitwasCityebetlaeDistrictbuildingeccdiugapprovale
of
be
primarily
through
collection
HRA
the
City
right
bonds
other
as
a
the
HRA
Increment
Plan
for1
Housing
Tax
Increment
Financing
District (
WoodlakeHousing) 2-4
Plan. As presently proposed, the projects within the District will be financed by apay-as-you-go note. In
addition, the HRA intends to enter into an interfund
loan
pursuantNHS.,
Section =;t69.178to reimburse itself for funds advanced for the project through the conveyance of land
to a developer for less than fair market value and administrative costs. It is
estimated
issuedto
adeveloperandpayablefrom
taxincrement
revenues.
Additional
indebtedness
maybe
required
toHRA
toincurdebt. TheHRA
or
theCitywillissuebondsorincurother
debt
only
upon
the
determinationisinofTheestimatedincrementforshowntheTOTAL000Interest $000000TheCityTIFinparttheinprincipalof $2,bondsinrevenuebondsorbonds, ofindebtednessiscumulativeauthoritytmdet• TIFofSubsectionUsesunderforDistrictatoconstruction94-developmentwithHRAandwillassistancetothecosts, described. HRAoforredevelopmentpropertytheestablishmentdevelopmentredevelopmentthistheusetoforcertainThecostsassociatedthepage.TAX INCREPdIENTAcquisition $000Improvements/500OtherQualifyingAdministrative000889,500ANDTOTAL000forTaxWoodlake
The total project cost, including financing costs (interest) listed in the table above does not exceed the total
projected tax increments for the District as shown in Appendix D.
Estimated costs associated with the District are subject to change among categories
aof
the
Districtboundaries.
S~absec~i®r~
2-'
l 'l. Fis~a6 ®
isg~~
ri~
ies
E9~~~
i®~
Pursuant
to
M.
S., Section =
169.177, Subd. 3,
the
City
may
elect
one
of
two
methods
tocalculate
fiscal
disparities.
If
the
calculations pursuant
to
NHS., Section =
169.
177,
Subd.
3,
clazase
b, (
within
the
District) are
followed,
the
following
method
of computation
shall
apply:1~
Tlie
o~°iginalnettax
capacity
shall
be
determined
before
the
application
of
the
fiscaldisparit}-~provisions
ofChapter
276A
or ={
73F.
The
cuF°
rent
net
tax
capacityshall
exclude
any
fiscal
disparity
commei°cial-
industi°
ialnet
tax
capacity
increase
beh~~
een
theoriginal
year
and
the
currentyeai°
multiplied
by
tlae
fiscaldispaT°
ityT°
atio
deter°
mined
pui°
szaarrt
to
A7.
S.,
Section276A.
06,
subdivision
7
or
M.S.,
Section =
1%3F.
08, renttaxcapacityandthe
shall
exclude the
retait~~
ed
captured
net
tax
capacity
of
the
authoritti~ fi°oi7~
the
net
tax
capacity
of
the
local
taxing
dish°
icts
in
determining
local
taxing
district
tax
rates.
The
local
tax ~°
ates
so
determined
are
to
be
extended
against
t1~
e ~°
etained
captu~°
ed
net
tax
capacity
of
the
authority
as well
as
tlae
net
tax
capacity
of
the
local
taxing
dish°
icts.
The
tax
generated
by
the
extension
of
the
less
of (
A)
the
local
taxing
district taxratesor• (13) theoriginal
local
tcrx
rate
to
the
retained
captured
net
tax
capacity
of
the
authority
is
the
tax
inci°
el77ent
of
the
authorit}'.
the
Ci$
y
vviil
c9noose $
o
caflcula$
c ~
scai
dispari$
ics
by
clause
i~. ~
o~'
e~~
er,
i$
is ~
ao$
aar$
icipa$
ed $
ha$ $~
e
lDis$
ric$ ~'
i)!
9
coar$
ain
couaruerciai/
a~
adus$
rial
proper$
y.
As
a
resui$, $
herc
shou9d
be >
rao
i><
npac$
due $
o $
he
i~
scat
dispari$
ies
pro~~
isioaa
on $
tae
1~
is$
ric$.
According
to
M.
S.,
Section =
169.
177,
Subd.
3:
c)
Tlae
method
of
computation
of
tax
increment
applied
to
a
district
pursuant
to
pay°
crgraph (
a)
or
b)
shall
remain
the
same
for
tl2e
duration
of
the
district,
except
that
the
go>>
erning
body
may
elect
to
change
its
election
fi°
om
the
method
of
computation
in
paragraph (
a)
to
the
method
in
paragraph (b).
Stabs~
c~
icae~
2-'
92.
l~
aasi~
ess ~
t~
bsi~
ies
Pursuant
to
M.
S.,
Section
116J993,
Subd.
3,
the
following
forms
of
financial
assistance
are
not
considered
a
business
subsidy:
1)
A
business
subsidy
of
less
than $
150,
000;
2)
Assistanceto
businesses or
to
classIncrement
3) Public improvements to buildings or lands owned by the state or local government that serve a
public purpose and do not principally benefit a single business or defined group of businesses at
the time the improvements are made;
4)
Redevelopment
for
designated
historic
preservation
districts,
provided
that
t11e
assistance
is
equal
to
or
less
than
50%
of
the
total
cost;
6)
Assistance
to
provide
job
readiness
and
training
services
if
the
sole
purpose
of
the
assistance
is
to
provide
those
services;
7)
Assistance
for
housing;
8)
Assistance
for
pollution
control
or
abatement,
including
assistance
for
a
tax
increment
financing
hazardous
substance
subdistrict
as
defined
under
M.
S., Section =
X69.
17-1,
Szabd.
23;9)
Assistance
for energy
conservation;
10) Tax
reductions
resulting conformitywithfederaltaxcompensationand12) derived
Indirect
benefits
derived
from
assistance
to
educational
institutions;
14}
Funds
from
bonds
allocated
under
chapter
474A,
bonds
issued
to
refund
outstanding
bonds,
and
bonds
issued
for
the
benefit
of
an
organization
described
in
section
501 (
c) (
3)
of
the
Internal
Revenue
Code
of
1986,
as
amended
through
December
31,
1999;
1 ~)
Assistance
for
a
collaboration
between
a
Minnesota
higher
education
institution
and
a
business;
16)
Assistance
for
a
tax
increment
financing
soils
condition
district
as
defined
under
M.
S.,
Section
69.
17~,
Subd.
19;
17)
Redevelopment
when
the
recipient'
s
investment
in
the
purchase
of
the
site
and
in
site
preparation
is
70
percent
or
more
of
the
assessor'
s
current
year'
s
estimated
market
value;
18)
General
changes
in
tax
increment
financing
law
and
other
general
tax
law
changes
of
a
principally
technical
nature;
19)
Federal
assistance
until
the
assistance
has
been
repaid
to,
and
reinvested
by,
the
state
or
local
government
agency;
20)
Funds
from
dock
and
wharf
bonds
issued
by
a
seaway
port
authority;
21)
Business
loans
and
loan
guarantees
of $
150,
000
or
less;
22)
Federal
loan
fiords
provided
through
the
United
States
Department
of
Commerce,
Economic
Development
Administration;
and
23)
Property
tax
abatements
granted
under
M.
S.,
Section -;
x69.
1813
to
property
that
is
subject
to
valuation
under
Minnesota
Rules,
chapter
8100.
The
HRA
will
comply
with
M.
S.,
Sections
116J.
993
to
116J.
99~
to
the
extent
the
tax
increment
assistancePlan
any
Road
Costs
Pursuant
to
M.
S.,
Section =
i69.
17~,
Subd.
la,
the
county
board
may
require
the
HRA
or
City
to
pay
for
all
or
part
of
the
cost
of
county
road
improvements
if
the
proposed
development
to
be
assisted
by
tax
increment
will,
in
the
judgment
of
the
county,
substantially
increase
the
use
of
county
roads
requu•
ing
construction
or
the
next
five
years
under
a
capital
improvement
plan
or
within
five
years
under
another
county
plan.
If
the
county
elects
to
use
increments
to
improve
county
roads,
it
must
notify
the
HRA
or
City
within
forty-
five
days
of
receipt
of
this
TIF
Plan.
In
the
opinion
of
the
HRA
and
City
and
consultants,
the
proposed
developmentoutlined
this
TIF
or
TIF
not
forwarded
to
the
county
45
days
prior
to
the
public
hearing.
The
HRA
and
City
are
aware
that
the
county
could
claim
that
tax
increment
should
be
used
for
county
roads,
even
after
the
public
hearing.
Richfield
HRA
Tax
Increment
Financing
Plan
for
the
2010-
1
Housing
Tax
Increment
Financing
District (
VVoodlake
Housing)
2-
7
Subsection 2-14. Estimated impact on ®their Taxing Julrisdictions
The estimated impact on other taxing jurisdictions assumes that the redevelopment contemplated by the TIF
Plan would occur without
the
creationthe
District. Through an analysis of the project financials, a financing gap exists and assistance is needed
to move the project forward. The estimated fiscal impact of the Districtwouldbe
as
Captaared2010/
Pay2011axCapacity (C~'
C)Percent
of
CTC
T®
talNet
Up®
n100
1.2462°/®RichfieldISDNo.
280
32,204,673 308,757 0.9587°/®Il~'
IPAC'
I' ®
N
TAX
I2A'Pay2011tialT'®CTCHennepin0.308,141,567970175,3651SD26759019.757308,319100.estimates abovecapturedcapacitywhencompleted. raterate. Thetotaltheon201 ] figures. DistrictcertifiedunderactualunavailabletimePlantoS. 469.Szibd. b):ofincrement. thetotalthatwillof900,000;2) Distt°onrovidedissueprobableimpactthetobeWithadditionesidentscallsforThedoestheinwillinvestmentDistrictfirenot expectednewfewifareconstruction. Thehaverelatedis notincreaseinvestmentorPlanHousingDistrict (
The impact of the District on public infrastructure is expected to be minimal. The development is
not expected to significantly impact any traffic movements in the area. The current infrastructure for
sanitary sewer, storm sewer
and
water
will
able
proposeddevelopment.
Basedonthe
plans, there no
additional
associated
withmaintenance, plowing, andThe
Districtofforminimal. Itbedebt
of
taxthethethatthetaxing1,thatamountlifeDistrictcounty'remained2,informationschooldistrictcountyormustadditionalfinancingrequestsdistrictreceived.Documentation S. z469,clause7themustidentificationstudiesmaketheDistrict. aatthethatApplicationMichaell5, 2010.Research, value20l1.16. lncrernentto469.17=~, fromsources:1. capacity,
tangible
to
extent
the
purchased
tax
3,
Principal
received
or
advances
by
the
tax
HRA
Increment
Plan
for1
Housing
Tax
Increment
Financing
District (
WoodlakeHousing) 2-9
4. Interest or other investment earnings on or from tax increments;
5. Repayments or return of tax increments made to the Authority under agreements for districts for
which the request for certification was made after August
1,
1993;
6.
Authorityunder
r11S., Section273.
Subsecti®n 17.
M®
ns
t® istrictaccordance1115., t69.
any:reductione);tobe4. HRA
in
thebeincrement6. thediscussion, forgeographicofthestealbetheisanddeterminationTherequirementsonlymodificationict2) (thoseinB} 469.original willreducedbycurrentnettaxthes) District.mustmodificationenlai°geographicDistrictinformofboundariesrecordedinnNf.169.174, administrativeexpendituresNRAtlaarr:1. ofvices, includingwith
in
ict;
4.
Amounts
pay
fund
reserve
for,
at
bonds
pursuant
M.
S.,
178;
Amounts
to
other
financialthe
extent
those
obligations
were
used
tofinancecostsdescribedinclauses (
1)
to (3).
RichfieldHRATaxIncrement
FinancingPlanfor
the
2010-
1
HousingTax
Increment
FinancingDistrict (
Woodlake
Housing)
2-
10
For districts for which the request for certification were made before August 1, 1979, or after June 30, l 982,
and before August I , 2001, administrative expenses also include amounts paid for services provided by bond
counsel, fiscal consultants, and planning or economic
development
consultants.
PursuanttoM.
S., Section
169.176,
Subd.
3, to
pay
any
and
administrative
expenses
for
the
up
notpercent thetotal
estimated
tax
incrementexpenditw-
es authorized bythe
TIF
l~
fS., Section ~
169.
17q,
Subd.
2~,
clause
1~,
fromtheDistrict,
whichever
isless.
For districts
for
whichcertificationwas
requestedafterJuly
3 I , 2001,
no
tax
increment
may
be
usedto
pay
anycostswhich
Plan
total
clazrse (
is
less.
Pursuant
to
M.
S.,
1h, taxactualincurred connection
notpercentage limits
176,
Subd. county
may
require
expenseswere
M.
Section =
or
Treasurer
mttheTreasurergeneral
tax
examiningfinancing. This
Limitatian
ofpledgedbemayfunds
the
providematurity169.Szrbd. 6:yearsoriginal
relzabilztation
ofadjacentto
has
ithirzauthor~otir~r. incr°incr~theoriginaltaxIfthesite
ration
ofaccordanceraith
thetaxincr~erraent
fi.
nancingplan, the
authority
shallcer~tifyto
the
countycn-
azrditorcapacityrecently
original
capacity=Theevidence
has
forRichfieldHousing) 11
submitted by February 1 of the fiftb year follo~a~ing the yectr• in i~~bicb the par-cel was cer-tified
as included in the district. For purposes of dais subdivision, qualifed improvements of a
street are limited
to (
1)
the
District
by
approximately
September
2016
and
report
such
actions
to
the
County
Auditor.
Subsect6~
n
2-
20. lJse ®
f
Tax
Increment
The
HRA
or
City
hereby
determines
that
it
will
use
100
percent
of
the
captured
net
tax
capacity
of
taxable
property
located in the District for the following purposes:
1.
To
pay
the
principal
of
and
interest
on
bonds
issued
to
financea
project;
2. to
finance,
or otherwise
pay
public redevelopment
costs
ofthe Richfield
Redevelopment
ProjectArea pursuant
to
M.Sections =169.001to =Topaycostsidentified
set
forth
in
the
TIF
Plan;
4.
To
finance,
or
otherwise
pay
for
other
purposes
as
provided
in
M.
S.,
Section -
169.
176,
Subd.
4;
5.
To
pay
principal
and
interest
on
any
loans,
advances
or
other
payments
made
to
or
on behalf of
the HRA or
City
or
for
the
benefit
of
the
Richfield
Redevelopment
Project
Area
by
a
developer;
6.
To
finance
or
otherwise
pay
premiums
and
other
costs
for
insurance
or
other
security
guaranteeing
the
payment
when
due of
principal
of
and
interest
on
bonds
pursuant
to
the
T[
F
Plan
or
pursuant
to
M.
S.,
Chapter-
462C.
M.S., Sections 469.12 tlar-ough 469.
16,
and/
or
M.
S.,
Sections =
169.
178;
and
7.
To
accumulate or
maintain
a
reserve
securing
the
payment
when
due
of
the
principal
and
interest
on
the
tax
increment
bonds
or
bonds
issued
pursuant
to
M.
S.,
Chapter
462C,
M.
S.,
Sections =
169.
12
through
469.
16,
and/
or
1~
1S., Sections =169.
178.Revenuesderived
frown
tax
increment
frown
a housing
district
must
he
used
solely
to
finance
the
cost
of
housiaag
projects
as
defined
in
191
S.,
Sections
469.
174,
Subtl.
I1
caFtd
469..
1761.
The
cost
of
public
improvements
directly
related
to
the
housing
projects
and
the
allocated
administrative
expenses
of the RRA
or City may
he
included
in
the
Bost
of
a
housing
project.
These
revenues
shall
not
be used
to
circumventapplicable
for
176,
Sztbd.
4.
Tax
increments
generated
in
the
District
will
be
paid
by
Hennepin
County
to
the
HRA
for
the
Tax
Increment
Fund
of
said
District.
The
HRA
or
City
will
pay
to
the
developer(
s)
annuallyanamountnottoexceedanamount
as
specified
in
a
developer'
s
agreement
to
reimburse
the
costs
of
land
acquisition,
public
improvements,
site
City
administration (
up
to
10
percent)
and
the
costs
of
housing
projects
outside
the
District.
Sa~
bsectl~
an
2-
21.
Excess
Increments
Excess
inc~°
ements,
as
defined
in
M.
S.,
Section
469.
176,
Szrbd.
2,
shall beusedonlytodoone
or
more
of
the
following:
1.
Prepay
any
outstanding
bonds;
2.
Dischat°
ge
the
pledge
oftax
for
any
into
of
bonds;
or
4.
Return
t11e
excess
to
the
County
Auditor
for
redistribution
to
the
respective
taxing
jurisdictions
in
proportion
to
their
local
tax
rates.
Richfield
HRA
Tax
Increment
Financing
Plan
for
the
2010-
1
Housing
Tax
Increment Financing
District (
VVoodlake
Housing)
2-
12
The HRA or City must spend or return the excess increments under paragraph (c) within nine months after
the end of the year. In addition, the HRA or City tnay, subject to the limitations set forth
herein,
choose
modify
publiccosts
intheRichfield
ProjectArea the
District.
2-
22. forwithDeveloperHRA
reviewandmayplan, construction, narrativeCity
HRA
orrelated115., nopropertyPlano~bondspursuanttoincrementsexcessagreementofwhich111S., mayenterwithdevelopertheassessmentwhoimprovementsthe assignedthelandaretobesoasvalueagreementassessor, reasonableCountyvalueagreement.2-thewillbythe2-S., 17, Szabds. ~, 6bCityfinancialtaxincrementof1ofSzcbd. ~
the
to
a
disclosure
a
required
fl
S.,
17
Subd.
the
will
direct
Auditor
the
of
increment
fromRichfield
HRA
Tax
Increment
Financing
Plan
forthe2010-1HousingTax
Increment
FinancingDistrict (
VVoodlakeHousing) 2-13
Saabsecti®n 2-26. Reas®rDabie Expectati®ns
As required by the TIF Act, in establishing the District, the determination has been made that the
anticipated
development
would
reasonablyoccur
through
ritten
representation
byeffects
upon rt2-the
or
publicredevelopmentcosts
of
thetheRichfieldRedevelopment ProjectAreapursuant
to
M.S., Sectio~zs =169.001to469.0=~7, Tax
increments
maynotbeusedtocircumventexistinglevylimit
law.
Notaxincrementmaybeusedfortheacquisition,construction, renovation, operation, ormaintenanceofabuildingtobe
used
primarilyandregularlyforconductingthe
of
county,
school
district,
or
any
other local
unit
of
government
or
the
state
or
federal
government.
This
provision
does
prohibit
use revenues
derived
fromincrementstheuction
or
renovation
a
structure.Housing
DistrictExce~
to
on
Pooling;
Five
Year
Limit.
Tax
incrementfromDistrictmust
be
used
solely
to
costofhousingprojects (includingadministrativeexpensesandpublicimprovementcosts) asdefinedinM.
S.
Section =169.174, Subd. 11andsubjecttotherequirementssetforthin
M.
S. SectzoT~ =169.1761.Pursuant
to
M.S. Section469. ] 763,
Subd.
3 (the "FiveYearRule"), expendituresof
tax
incrementforhousingpurposeswithin
the
RichfieldRedevelopmentProjectArea
considered
anactivitythe
andtherefore,
such
be
with
without
to
S~
2~.
Richfield
Authority
the
an
residential
safe
life
theCity.
TIF
forDistrictwas
prepared
Ehlers & Inc.,
Centre
PointeMinnesota5~
13-
telephone (697-8500.
HRA
IncrementPlanfor
2010-
Increment
VJoodlake
2-
Appendix A
Project Description
The Amended and Restated TIF Plan for the 2010-1 Housing TIF
District
Woodlake
Richfield
Apartments, LLC, thepropertyis
obsoleteas
be
located
2
the
will
studio
apartments, 50
one
bedroom
apartments,
30
two bedroom
apartments
and9
three
bedroomapartments.
It
isplanned
that
20
percent
oftheunits
will
beaffordable
at
50percent
of
median
income.
The
current
design
provides
two
three-
story
elementsdefining
the
edge
of
Lyndale
Avenue. Between
these
two
there
isa
landscaped
courtyardthat
will
provide
avery "liveable" amenity
for
theresident,
and ~~%
ill
provide
green
space
along
Lyndale
Avenue.
Parkingis
available
with
sixty-
ninebelow
grade
and
sixty-
five
above grade
stalls.
It
is
anticipated
that
the
developer
willbe
issued
two
pay-
as-
you-go notes.
TheNote
A
will
reimburse
the
developer
for
a
portion
of
the
land
acquisition
expenses,
andthe
Note
B
will
reimburse
the developer
for
theremainder
of
theland
acquisition
expensesand
a
portion
of
the
siteimprovements.In
addition,
the
HRA
willbe
paid
for
the
property
it
owns
within
the
Districtthat
itconveys
to
the
developer.
It
is estimated
that
the
fair
market
value is $
85,
000.Appendix
A-
1
Appendix
B
Mapof
Richfield
ent
Project
Area
and
the
District
Appendix
ichfeflc~ ~-I®usflr~~ ~ncv ..e~evel®p~~aei~t 1~~th®~-ity
lZflchfiefldR~dev~1®
pi~ent
P~~®~~
ct .
A~°e~2010-
1
FioL~sing'
TIF
District (~e P-1®usi~~~)
67nq
n:
ird
5th661hfilthSRth
641h7fllh
7otn
rzISt
tst
ttz
2ndhhi61h7IIhIftl
I-
4'
W
z
to ~'
G
TZOt
Y y
1 ~
4
rWOGm ~ ~ X r ~ w_ W -
7 ^ ~
OO
O
OK
u > ? O ~
w
0 •- ~
O
vOC ~
K ~' -~ ~ ~
Zm
X
i
t-
cnnaOY , _ 2t7 ~ ~ [ 4 ¢ ~
K ~ ~
U ~ _
O
2Na_
o ~ ~ _. ~
wb
hc
bottnciariesthe ~
ichfcJc~
Rcdcvcio~7enc~
lt
m E1rea
arecote~•~
obzs
avith
the
Corpo~•ate
lit~
litsity62nd63rd6?th
661h
7th
6[
ith fi9th
ion,
tsland
73th
nth75t1i6th
77tH
AlhegendT~
R
Redevelopment
Project
AreaBoundary)
Appendix C
escription of
Property
to
beIncluded
inthe Listrict
TheDistrict
encompasses
all propertyandadjacentrights-of-wati~
andabutting
roadwaysidentified
by
the par°cels listed
below.
Parcel
Numbers
vnei•
27-L}~
ndaleAvenue
SouthWoodlal:
e
PlazaPartnership27-028-
24-
23-
0060
521
64r''
Street
West
Woodlake
Plaza
Partner°
ship
27-
028n24-
23-
005951564`
x' StreetWest
Richfield
HRA
Appendix
C-1
Appendix
D
EstimatedGash
1®
far
the
C~
istriet
Appendix
D-
1
011
L~~~A'
m nssocin*rs irvc.
Woodlake Richfield Apartrrtents, ~~~ -- l~~stannin¢~ i~o InfBation
Coty ®f 92ic9~foeDol
sirsg ?tc s.r>e,-.~? ro,- r.,.a~:„r~,6npmeni oz Woodlake Pta-r_a
s;
gF,'
BaseValueAssumptlurrs -
Page
1 DistrictType:Housing
Maximum/
FrozenLocalTax138.
Pay
2011Name/
2010-
1Local
Rate: (
UseofCurrent
138.5680%
Pay
2011
County
District #:
State-
for
total
taxes)
0.
14047 %
Pay
2011Existing
District -
Specify
No. YearsRemaining
Inflation
Rate -
Every
Year:4.
00%HRA
Interfund
Loan
Rate
4.00 %
PROPERTY
TAX
CLASSES
AND
CLASS
RATES:
Interest
Rate
for
Note
A
and
Note
B
6.
75 % #
ExemptClass
Rate (Exempt)0.00%
Present
ValueDate:1-
Feb-
12Commercial
Industrial
Preferred
ClassRate (
C11
Pref.)
First Period
2-
Aug-12 First $150,0001
50
TaxYear
Certified:2011
5150.2IncrementClassC,2,HousingClass
Rate (
1.TaxDisparitiesNon-H125%TotalRes.)41.500,3270 % 25%.Agricultural TaxOriginalTaxAfterAddresskgarketTax0092L.100%2012C/488171,2012IRental80.OD0OQO7,roAnoCouer,
or
roarceNi„ Fa2sed
or ostimv,tcs
N4 rtnosf
likei5/ w¢p~R Yoe
sdpu~red rrrrtt '.
Erne as _e'i ,;
ecc:.._,~ .anal. ca~
md~ ue _snrrot_c:
tag ,o„ ~a'iuceil
meiror~
e!~Ir ~
80,
OQti ad >
QtO~^.
PreparedEhlers
F_
Minnsota\Housing-
ED-
Woodlake
6-
2011 -
8i~~r2011
EHLERS
s nssncinres ;Nc
Woodlake &Zichfie0d Apartaneots, Lied -- Assaaa~r>lioc~ Rio 6o'aflstior~
City ®ff RichfficOd
Housing TIF District for redevelopment of Woodlake
Base
Assumptions -PageHousingTOTAL _117.897
897
Market Value 8.842.275 2,240,043 19,
082,318 Property Tax Class Rental Aff. Rental Project Tax Capacity 110,52£6,800
12 ,329 Percentage Completed
2011
0 %Percentage
Completed 2012 100 %100 %ercentage Completed 2013 100 %100 %Percentage Completed 2014 100 %100 %First ear
Full Taxes Payable 2014 2014 Subtotal Residential 94 11,082,318 127,329 Subtotal
Commercial/
IPersk
ancreeo[enti~n20iG,.
k;tln
I
c~ ~
aNuES ..
ne ?aaseq~
2^
aormFiscal
ManketTaxDisparitiesTaxProperty
Disparities
PropertyValueTotalTaxesPerNewUseCapacity
Tax
Capacity
Capacity
Taxes
TaxesSq. Ft./110,1570421578Rental16,28026,426390.t..827,12 ,567o'n~.Iran aotocanrl, go~01. _-.us, sa~~olaarmTotal192,004Market1.410.lessMarket11,lessD672,lessValue15,ValueIncrementBaseValue7,255.ValueTaxIncrementisEhlersAssociatesEstimatesRedevelopmennTlF\2010-1WoodlakeTIFPlan
Tax Increment C. -Page 3
EHLE~tS
8 hS5'C CIhTf S 'NC
IMoodlake Plaza Redevelopment ~~ Assuming ['ay 201'6 IVlarket Values, per Biennepin bounty
Gity of Ric6~field
Flouring TIF ®istrict for redevelopment of 9~Poodlake Rlaza site
Project Original Fiscal Captured Local Annual Semi-Annual State Admin. Semi-Annual Seml-Annual PERIOD
of Tax Tax Disparities Tax Tax Gross Tax Gross Tax Auditor at Net Tax Present ENDING Tax PaymentOTCCapacitCapacitIncremental
CapacityRateIncrementIncrement0,36% 101. Increment Value Yrs.
Year Date 08/02/1202/02/13
08/02/13
100%127,329 17,
625)109,704
139%152,014 76,007 274)7,
573)
68.160 57,737 0.5 2014 02/02/
14 08/02/
14 100%127.
329 17,625)109 704 139%014 152 76,007 76 007 274)74 7,573)68.160 113,
589 1 2014 02/02/15
2
7,8,02/202093,10.1155530694599302/02/From
Appendix ~
Housing Qualifications for the ®istrict
INt'~?V~E
Tf;~
I~
TIt)U>
IU~~CE;
L~ hOF2FAn=
IIL,Y ~
f~F i4)~1~~NG
1)i~T~i~-~~ , HE1~
lj~;(
H1~
1~1~
I~1N
t:°tlUNTY >IT~
T~I~
1~ I1`dC`~~1~'IE:
X83,906 No. ofPei°
sons
of
Income
60%
Median
Incomel-
person29,400
3542&0
2~person 33,60040,
3203~person370800t~.
360
000
j0.source:
Departmentof
HousingandU~°
banDevelopment
andMinnesota HousingFinanceAgenc}
Thetwooptionsforincome
limits
a
housing
district
20%
of
the
unitsat ~
0%
of
median
incomeor
40% ofthe
unitsat
60%
of
median
income. There
ar•
e
no
rent
restrictions
foc
a
housing
district.Appendix
E-1
Appendix
F
Findingsfc~
the
istrict
To
he ~~
dded~
rio~°
to
thelaeu~°AppendixF-
1