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HomeMy WebLinkAbout07-12-2010 CITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA MOUNDS VIEW CITY HALL Monday, July 12, 2010 6:30 PM 1. CALL TO ORDER 2. ROLL CALL: President Flaherty, Vice President Stigney, Commissioner Hull, Commissioner Mueller, Commissioner Gunn 3. APPROVAL OF AGENDA 4. PUBLIC INPUT: Citizens may speak to issues not on tonight’s agenda. Before speaking, please give your full name and address for the minutes. Also, please limit your comments to three minutes. 5. APPROVAL OF MINUTES A. January 11, 2010, EDA Minutes B. January 25, 2010, EDA Minutes 6. CONSENT AGENDA 7. EDA BUSINESS A. Resolution 10-EDA-260 Authorizing the Expenditure of Tax Increment Financing Funds for the Appraisal of 7968 Edgewood Drive (For Consideration of Purchase under the EDA’s Housing Replacement Program) 8. REPORTS 9. NEXT EDA MEETING: Monday, July 26, 2010, at 6:30p.m. 10. ADJOURNMENT PROCEEDINGS OF THE MOUNDS VIEW EDA 1 CITY OF MOUNDS VIEW 2 RAMSEY COUNTY, MINNESOTA 3 4 Regular Meeting 5 January 11, 2010 6 Mounds View City Hall 7 2401 Highway 10, Mounds View, MN 55112 8 6:33 P.M. 9 10 11 1. CALL MEETING TO ORDER 12 13 2. ROLL CALL: President Flaherty, Vice President Stigney, Commissioner Hull, 14 Commissioner Mueller, Commissioner Gunn, and Executive Director Ericson. 15 16 NOT PRESENT: None. 17 18 3. APPROVAL OF AGENDA 19 20 MOTION/SECOND: Mueller/Hull. To Approve the January 11, 2010, Agenda as presented. 21 22 Ayes – 5 Nays – 0 Motion carried. 23 24 4. PUBLIC INPUT 25 26 None. 27 28 5. APPROVAL OF MINUTES 29 A. December 14, 2009, EDA Minutes. 30 31 MOTION/SECOND: Gunn/Mueller. To Approve the December 14, 2009, EDA Minutes as 32 presented. 33 34 Ayes – 5 Nays – 0 Motion carried. 35 36 6. CONSENT AGENDA 37 38 None. 39 40 7. EDA BUSINESS 41 A. Resolution 10-EDA-257 Approving Revised Mounds View EDA Bylaws. 42 43 Economic Development Specialist Steinmetz explained the EDA adopted its original bylaws in 44 March of 1994 and in 2008 the EDA discussed possible revisions as proposed by the City 45 Mounds View EDA January 11, 2010 Regular Meeting Page 2 Attorney. However, the EDA postponed its approval of the revised bylaws because the EDA first 46 wanted to clarify and change certain duties of the EDA’s Treasurer and to elect and appoint EDA 47 officers. In September of 2008, those revisions were completed. Economic Development 48 Specialist Steinmetz summarized the revisions and presented staff’s recommendation to approve 49 the revised bylaws, advising the revisions were also reviewed by City Attorney Riggs. 50 51 Commissioner Mueller referenced Section 5.4, and suggested “The Authority” should indicate 52 “The Authority’s” since it speaks to the ownership of the detailed financial statement. The EDA 53 agreed with this revision. 54 55 Vice President Stigney referenced Section 3.2, Vacancies, noted that the position of Assistant 56 Treasurer is not a member nor elected, it is appointed by the Authority, and should not be 57 referenced in the first sentence. He suggested the last sentence indicate: “When the office of 58 Executive Director or Assistant Treasurer becomes vacant, the Authority shall appoint a 59 successor.” The EDA agreed with these revisions. 60 61 Vice President Stigney referenced Section 3.5, Order of Business, that indicates: “At the regular 62 meetings of the EDA, the following shall be the order of business” and then it lists items that 63 have never been included on the EDA agenda, such as bills and communications. Following 64 discussion, the EDA agreed to revise Section 3.5 to indicate: “At the regular meetings of the 65 EDA, the following may be the order of business.” 66 67 Vice President Stigney referenced Section 2.8 indicating: “The Assistant Treasurer shall be 68 elected by the Board” but it would be more consistent with the EDA’s bylaws and State statutes 69 to indicate: “The Assistant Treasurer shall be appointed” by th e Board,” the same as for the 70 Executive Director. The EDA agreed with this revision. 71 72 Vice President Stigney referenced Section 3.1 and an inconsistency in language indicating: “The 73 President, Vice President, Secretary, and Assistant Treasurer shall be elected annually at the first 74 meeting of the year;” however, only the positions of President, Vice-President, Treasurer, and 75 Secretary need to be annually elected. He stated this section should not reference Assistant 76 Treasurer. The EDA agreed with this revision. 77 78 Executive Director Ericson explained staff tried to mirror the language contained in State 79 statutes. He noted the Assistant Treasurer position is an elected position by the Authority in the 80 Statutes but the EDA can indicate this position is appointed. He stated staff will revise the 81 bylaws so wording is consistent to indicate the positions of Assistant Treasurer and Executive 82 Director are appointed positions and handled in the same manner. The EDA agreed with this 83 revision. 84 85 President Flaherty reviewed bylaws language and noted it does not differentiate that the 86 Executive Director and Assistant Treasurer are not voting members of the Authority, which 87 Mounds View EDA January 11, 2010 Regular Meeting Page 3 should be clarified. He also suggested Section 2.5, Secretary, be revised to indicate the 88 responsibility for creating meeting minutes has been diverted to a secretarial service. The EDA 89 agreed with these revisions. 90 91 Vice President Stigney commented on the inconsistencies in Article III and suggested the Section 92 3.1 title be revised. The EDA agreed with this revision. 93 94 Executive Director Ericson stated staff will make the revisions suggested tonight. 95 96 MOTION/SECOND: Flaherty/Mueller. To Waive the Reading and Adopt Resolution 10-EDA-97 257, Approving Revised Mounds View Economic Development Authority Bylaws, as corrected. 98 99 Ayes – 5 Nays – 0 Motion carried. 100 101 B. Resolution 10-EDA-258 Electing & Appointing 2010 Officers to the Mounds 102 View EDA. 103 104 Economic Development Specialist Steinmetz presented staff’s recommendation to adopt the draft 105 resolution for the election and appointment of 2010 officers to the Mounds View EDA, as called 106 for in the revised Bylaws. She noted the draft Resolution will be amended to move the position 107 of Assistant Treasurer to the Now, Therefore, be it further resolved paragraph. 108 109 Vice President Stigney noted the fourth “Whereas” will also need to be revised. The EDA 110 agreed. 111 112 Following nominations and discussion, consensus was reached on the following appointments: 113 President – Joe Flaherty 114 Vice President – Roger Stigney 115 Treasurer – Carol Mueller 116 Secretary – Al Hull 117 118 MOTION/SECOND: Gunn/Hull. To Waive the Reading and Adopt Resolution 10-EDA-258, 119 Electing and Appointing 2010 Officers to the Mounds View Economic Development Authority, 120 as amended. 121 122 It was noted that James Ericson remains the EDA Executive Director and Mark Beer the EDA 123 Assistant Treasurer. 124 125 Ayes – 5 Nays – 0 Motion carried. 126 127 8. REPORTS 128 129 Mounds View EDA January 11, 2010 Regular Meeting Page 4 None. 130 131 9. NEXT EDA MEETING: Monday, January 25, 2010 132 133 10. ADJOURNMENT 134 135 President Flaherty adjourned the meeting at 6:58 p.m. 136 137 Respectfully submitted, 138 139 140 Recorded and transcribed by: 141 Carla Wirth 142 TimeSaver Off Site Secretarial, Inc. 143 PROCEEDINGS OF THE MOUNDS VIEW EDA 1 CITY OF MOUNDS VIEW 2 RAMSEY COUNTY, MINNESOTA 3 4 Regular Meeting 5 January 25, 2010 6 Mounds View City Hall 7 2401 Highway 10, Mounds View, MN 55112 8 6:33 P.M. 9 10 11 1. CALL MEETING TO ORDER 12 13 2. ROLL CALL: President Flaherty, Vice President Stigney, Commissioner Hull, 14 Commissioner Mueller, Commissioner Gunn (arrived at 6:35 p.m.), Executive Director 15 Ericson, Finance Director Beer, and Community Development Director Roberts. 16 17 NOT PRESENT: None. 18 19 3. APPROVAL OF AGENDA 20 21 MOTION/SECOND: Mueller/Hull. To Approve the January 25, 2010, Agenda as presented. 22 23 Ayes – 4 Nays – 0 Motion carried. 24 25 4. PUBLIC INPUT 26 27 None. 28 29 5. APPROVAL OF MINUTES 30 31 None. 32 33 6. CONSENT AGENDA 34 35 None. 36 37 7. EDA BUSINESS 38 A. Authorize Ramsey County to Cancel the Minimum Assessment Agreement 39 between the EDA and Mounds Vista, Inc. 40 41 Finance Director Beer reviewed that December 14, 2009, the EDA authorized the redemption 42 and payment of the outstanding tax increment revenue bonds that were issued October 1, 2001, 43 as part of the redevelopment of the Mermaid property. As a result of the redemption, the 44 minimum assessment agreement is no longer necessary and should be canceled. 45 Mounds View EDA January 25, 2010 Regular Meeting Page 2 46 Commission Gunn arrived at 6:35 p.m. 47 48 MOTION/SECOND: Mueller/Stigney. To Waive Reading and Adopt Resolution 10-EDA-259, 49 Authorizing Ramsey County to Cancel the Minimum Assessment Agreement between the 50 Economic Development Authority (EDA) and Mounds Vista, Inc. 51 52 Ayes – 5 Nays – 0 Motion carried. 53 54 8. REPORTS 55 56 Executive Director Ericson advised that Walgreens acquired the Snyders franchise so the Snyders 57 business in Mounds View will be closed at some point. Staff is in consultation with Walgreens 58 regarding the use of that property. 59 60 Commissioner Mueller commented on the status of prescriptions filled by Walgreens and that the 61 rest of their products will be clearanced out. 62 63 9. NEXT EDA MEETING: Monday, February 8, 2010. 64 65 10. ADJOURNMENT 66 67 President Flaherty adjourned the meeting at 6:40 p.m. 68 69 Respectfully submitted, 70 71 72 Recorded and transcribed by: 73 Carla Wirth 74 TimeSaver Off Site Secretarial, Inc. 75 76 Item No: 7A Meeting Date: July 12, 2010 Type of Business: EDA Administrator Review: ____ City of Mounds View Staff Report To: Economic Development Authority From: Heidi Steinmetz, Economic Development Specialist Item Title/Subject: Resolution 10-EDA-260 Authorizing the Expenditure of Tax Increment Financing Funds for the Appraisal of 7968 Edgewood Drive (For Consideration of Purchase under the EDA’s Housing Replacement Program) Background of Housing Replacement Program The EDA created the Housing Replacement Program in 1996. Since that time, the EDA has been involved with the acquisition and/or demolition of about five homes in Mounds View. The objectives of the program are as follows: • Replace deteriorating substandard housing on scattered sites throughout Mounds View with larger, higher value housing designed for owner-occupied families • Eliminate the blighting influence of substandard housing • Increase the availability for quality housing for families The program has the following two options: 1. Demolition assistance provided as a ten year/forgivable deferred loan 2. Property Acquisition (the EDA will purchase the home and market it to potential buyers) Discussion On June 21, 2010, staff received the attached Housing Replacement Program application from Mr. Ken Nollet, owner of a single-family home located at 7968 Edgewood Drive in Mounds View. Built in 1941, the home sits on a .84-acre lot. Mr. Nollet is asking the EDA to acquire the property. Mr. Nollet inherited the property from his uncle and does not reside in the property (the house is currently vacant). Mr. Nollet works and lives in Japan. He will be attending the EDA meeting to answer any questions the EDA may have about his Housing Replacement Program application. Mr. Nollet’s application meets the EDA’s Housing Replacement Program criteria. The criteria is attached for the EDA’s review. The property is on the City’s list of parcels eligible for acquisition as part of the EDA’s Project Plan for the Mounds View Economic Development Project. In addition, the home qualifies for the Housing Replacement Program’s blight test because of the totality of the home’s deficiencies. Mounds View’s Housing/Code Enforcement Inspector Jeremiah Anderson completed an exterior and interior inspection of the property on July 7, 2010. Attached are his findings. 7-12-2010 EDA Meeting Item 7A – HRP Application Page 2 of 6 Below is a close-up version of an aerial photo of the property. The photo provides a visual indication that the sizes of the home and garage are very small compared to the size of the lot. Per the attached tax and property information from Ramsey County, the size of the one story home is 691 square feet, the size of the garage is 576 square feet and the size of the lot is .84 of an acre. Ramsey County’s Estimated Market Value of the house is $120,800 in 2010 and $112,300 in 2011. The adjacent property to the south (7948 Edgewood Dr) is also for sale and that property owner plans to list the property by the end of 2010. 7-12-2010 EDA Meeting Item 7A – HRP Application Page 3 of 6 Aerial Photo of 7968 Edgewood Drive and the surrounding neighborhood 7-12-2010 EDA Meeting Item 7A – HRP Application Page 4 of 6 Aerial Photo of Vacant & Foreclosed Properties Within the Neighborhood Photo Key: V = Vacant F = Foreclosed VF = Vacant & Foreclosed 7-12-2010 EDA Meeting Item 7A – HRP Application Page 5 of 6 Recent Home Improvements Mr. Nollet recently completed some home improvements per City Code citations issued by Housing/Code Enforcement Inspector Jeremiah Anderson. Below are “before and after” photos showing the improvements. Before Photos After Photos 7-12-2010 EDA Meeting Item 7A – HRP Application Page 6 of 6 Summary In summary, the Housing Replacement Program is a neighborhood revitalization program. One purpose of neighborhood revitalization is to fix a deteriorating housing stick in order to increase property values. Increased property values leads to an increased tax base for the City, which helps the City provide essential services that the residents need and expect. The housing stock surrounding 7968 Edgewood Drive has deteriorated based on the amount of vacant and foreclosed properties located within the neighborhood. Unfortunately, the status of the housing stock in this neighborhood is not unlike many neighborhoods in the City. The success of any community includes, but is not limited to, a well-maintained housing stock. Whether the EDA approves this most recent Housing Replacement Program application, this neighborhood, along with many other Mounds View neighborhoods, need access to some sort of neighborhood revitalization program. Recommendation Staff recommends that the EDA adopt the attached Resolution 10-EDA-260 Authorizing the Expenditures of TIF funds for the Appraisal of 7968 Edgewood Drive. Next Step If the EDA approves Resolution 10-EDA-260, upon the receipt of an appraisal, the EDA would then consider authorizing staff to negotiate a purchase agreement with the homeowner. Respectfully submitted, ____________________________ Heidi Steinmetz Economic Development Specialist Attachments: 1. Housing Replace Program application received June 21, 2010 2. Housing Replacement Program criteria, July 2007 3. Property Maintenance Inspection − Single Family Home form 4. Ramsey County Tax & Property Information 5. Resolution 10-EDA-260