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HomeMy WebLinkAbout06-24-2019CITY OF MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY MEETING AGENDA MOUNDS VIEW CITY HALL NOTICE OF SPECIAL EDA MEETING (OPEN AND CLOSED) Monday, June 24, 2019 5:30 p.m. NOTICE IS HEREBY GIVEN that the Board of Commissioners of the Economic Development Authority of Mounds Views, Minnesota (the “EDA”) will hold a special meeting on June 24, 2019 at 5:30 p.m. (if necessary, such meeting may be continued to immediately following the conclusion of the 6:30 p.m. City Council Meeting or such other date and time as determined by the EDA) in the council chambers at Mounds View City Hall, 2401 Mounds View Boulevard, Mounds View, Minnesota for the following purposes: 1. CALL TO ORDER 2. ROLL CALL: President Mueller, Vice President Gunn, Commissioner Hull, Commissioner Meehlhause, Commissioner Bergeron 3. APPROVAL OF AGENDA 4. CONSENT AGENDA A. Approval of Minutes: May 28, 2019 5. PUBLIC COMMENT 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. 6. EDA BUSINESS A. Resolution 19-EDA-324 A Resolution Finding Parcels are Occupied by Structurally Substandard Buildings or Structures and Meet the Requirements of a Redevelopment TIF District Under Minnesota Statutes, Section 469.174, SIBD. 10 for the EDA owned Skyline Motel Site B. Update from City Attorney on 30’ easement between the Skyline Motel and Bio Clean property 7. REPORTS A. Reports of President and Commissioners B. Reports of Staff C. Reports of City Attorney 8. NEXT EDA MEETING: July 8, 2019 at 5:30 p.m. 9. CLOSED SESSION -- SKYLINE PROJECT: Pursuant to Minnesota Statutes Sections 13D.05, subdivision 3(c) and 13.44, subdivision 3, to conduct a closed EDA meeting concerning real property located at addresses noted below, to determine the asking price, to consider strategies and to develop or consider offers or counteroffers for the sale of such real property and to review confidential appraisal information for such real property. 4889 Old Highway 8 Mounds View, Minnesota PINs: 17.30.23.14.0001, 17.30.23.14.0002, 17.30.23.14.0003 10. ADJOURNMENT PROCEEDINGS OF THE MOUNDS VIEW EDA 1 CITY OF MOUNDS VIEW 2 RAMSEY COUNTY, MINNESOTA 3 4 Regular Meeting 5 May 28, 2019 6 Mounds View City Hall 7 2401 Mounds View Boulevard, Mounds View, MN 55112 8 9 10 1. CALL MEETING TO ORDER 11 12 President Mueller called the meeting to order at 6:15 p.m. 13 14 2. ROLL CALL: President Mueller, Vice President Gunn, Commissioner Bergeron 15 Commissioner Hull, Commissioner Meehlhause, Executive Director Zikmund, and 16 Assistant City Administrator Beeman. 17 18 NOT PRESENT: None. 19 20 3. APPROVAL OF AGENDA 21 22 MOTION/SECOND: Gunn/Hull. To Approve the May 28, 2019, Agenda as presented. 23 24 Ayes – 5 Nays – 0 Motion carried. 25 26 4. CONSENT AGENDA 27 28 A. Approval of Minutes: May 13, 2019, EDA Open and Closed. 29 B. Authorize Staff to Make Payment for Skyline Motel Closing in the Amount 30 of $1,332,271.44 to Commonwealth Land Title Insurance Company. 31 32 MOTION/SECOND: Meehlhause/Bergeron. To Approve the Consent Agenda as presented. 33 34 Ayes – 5 Nays – 0 Motion carried. 35 36 5. PUBLIC COMMENT 37 38 None. 39 40 6. EDA BUSINESS 41 42 A. Consider Resolution 19-EDA-323 Approving an Interfund Loan for the 43 Skyline Motel Project. 44 45 Mounds View EDA May 28, 2019 Regular Meeting Page 2 Assistant City Administrator Beeman requested the EDA approve an Interfund Loan for the 1 Skyline Motel Project. He explained the City would be closing on the Skyline property on 2 Thursday. As part of that, on Friday a blight and substandard TIF study would be completed. If 3 the TIF study results are positive, an interfund loan could be used to allow the City to pay itself 4 back for the project expenses. 5 6 Stacie Kvilvang, Ehlers & Associates, explained State Statute requires that before any capital 7 expenditures or administrative costs be incurred for TIF district that an interfund loan be in place. 8 This action allows the City to pay itself back through TIF. She reported the amount within the 9 Resolution would allow the City to reimburse up to $2.5 million in expenditures. 10 11 Commissioner Meehlhause asked if relocation costs could be covered by the interfund loan. Ms. 12 Kvilvang stated this loan covered 100% of expenses, which would include relocation expenses. 13 14 MOTION/SECOND: Meehlhause/Gunn. To Waive the Reading and Adopt Resolution 19-15 EDA-323 Approving an Interfund Loan for the Skyline Motel Project. 16 17 Ayes – 5 Nays – 0 Motion carried. 18 19 7. REPORTS 20 21 Commissioner Meehlhause requested an update on INH. Assistant City Administrator Beeman 22 reported a preconstruction meeting was held with INH and on Wednesday, June 5th INH would 23 be coming before the Planning Commission. 24 25 8. NEXT EDA MEETING: Monday, June 10, 2019 at 5:30 p.m. 26 27 9. ADJOURNMENT 28 29 President Mueller adjourned the meeting at 6:24 p.m. 30 31 Respectfully submitted, 32 33 34 Recorded and transcribed by: 35 Heidi Guenther 36 TimeSaver Off Site Secretarial, Inc. 37 The Mounds View Vision A Thriving Desirable Community Item No: 6A Meeting Date: June 24, 2019 Type of Business: EDA Business Administrator Review: ____ City of Mounds View Staff Report To: EDA President and Commissioners From: Brian Beeman, Assistant City Administrator Item Title/Subject: Resolution 19-EDA-324 A Resolution Finding Parcels are Occupied by Structurally Substandard Buildings or Structures and Meet the Requirements of a Redevelopment TIF District Under Minnesota Statutes, Section 469.174, SIBD. 10 for the EDA owned Skyline Motel Site Introduction: The EDA has purchased the Skyline Motel site as a redevelopment opportunity and authorized LHB to conduct a blight and substandard study. LHB has completed that study with a finding that all three parcels of the Skyline Motel property are blight and substandard. As a result, the EDA must pass a resolution establishing the site as blight and substandard before any demolition work can begin. Discussion: A resolution has been prepared for the EDA’s consideration confirming the finding that the Skyline Motel site is blight and substandard. The resolution is required before demolition can begin. The Police Department would like to start training followed by the Fire Department who is considering a controlled burn. Once the resolution has been considered the developer for the proposed Holiday Inn intends to submit a Redevelopment TIF application and staff intends to continue to cooperate with the developer with the intent of signing a Purchase and Development Agreement. Strategic Plan Strategy/Goal: Create and maintain a positive business climate where businesses want to locate and remain in Mounds View. Maximize utilization of development space and current redevelopment sites. Fill vacant space and support redevelopment & development. Financial Impact: Redevelopment projects typically take a loss on the front end of the deal. However, revenues are recovered in the long-term through property taxes, community investment, the creation of more jobs, and an improvement to the property. There would potentially be no financial impact to the EDA in a situation where the EDA would be able to recover the money invested into the purchase of the property. If the EDA is successful in creating a TIF district then according to Ehler’s the EDA can recoup their costs of the project. Recommendation: Consider resolution 19-EDA-324 by motion. The Mounds View Vision A Thriving Desirable Community Respectfully submitted, ________________________ Brian Beeman Assistant City Administrator Attachments: 1. Resolution 19-EDA-324 A Resolution Finding Parcels are Occupied by Structurally Substandard Buildings or Structures and Meet the Requirements of a Redevelopment TIF District Under Minnesota Statutes, Section 469.174, SIBD. 10 for the EDA owned Skyline Motel Site 587440v2MU205-49 EDA RESOLUTION 19-EDA-324 MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY RAMSEY COUNTY STATE OF MINNESOTA RESOLUTION OF THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY FINDING PARCELS ARE OCCUPIED BY STRUCTURALLY SUBSTANDARD BUILDINGS OR STRUCTURES AND MEET THE REQUIREMENTS OF A REDEVELOPMENT TIF DISTRICT UNDER MINNESOTA STATUTES, SECTION 469.174, SUBD. 10 WHEREAS, it has been proposed that the Economic Development Authority for the City of Mounds View, Minnesota, (the “EDA”), create a tax increment financing district in an area within the city of Mounds View (the “City”) to be designated a redevelopment district as defined in Minnesota Statutes, Section 469.174, Subd. 10 (the “TIF District”); and WHEREAS, in order to create this type of TIF District, the EDA must make a determination that before the demolition or removal of any substandard buildings, certain conditions exist; and WHEREAS, the conditions found by the EDA to exist throughout the proposed TIF District are that parcels consisting of 70 percent of the area of the district are occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures and more than 50 percent of the buildings, not including outbuildings, are structurally substandard to a degree requiring substantial renovation or clearance; and WHEREAS, in order to deem a parcel as being occupied by a structurally substandard building, the EDA must first pass a resolution before the demolition or removal that the parcel was occupied by one or more structurally substandard buildings and that after demolition and clearance the EDA intended to include the parcel within the proposed tax increment financing district; and WHEREAS, there exists in the City on the parcels located at 4889 Old Highway 8, Mounds View, MN, PID #’s 17.30.23.14.0001, 17.30.23.14.0002, 17.30.23.14.0003 (collectively, the “Parcel”) four structurally substandard buildings to be demolished or removed (the “Substandard Building Condition”); and WHEREAS, a parcel is deemed to be occupied by a structurally substandard building if the parcel was occupied by a substandard building or met the criteria of Minnesota Statutes, section 469.174, Subd. 10(e) within three years of the filing of the request for certification of the parcel as part of the district with the county auditor, in addition to other requirements as are required by law. NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners for the Mounds View Economic Development Authority that: 1. The Board has received from LHB, Inc. the “Report of Inspection Procedures and Results for Determining Qualifications of a Tax Increment Financing District as a Redevelopment District – TIF 7 (Skyline Motel)”, dated June ___, 2019 (the “Inspection Report”), finding that, based on an inspection of the building located on the Parcel, such buildings were determined to be substandard under the definition set forth in the Minnesota Statutes, Sections 469.174 to 469.1794, as amended (the “TIF Act”). Based on the Inspection Report and other information available to the EDA, the EDA finds that the buildings on the 587440v2MU205-49 Parcel are structurally substandard to a degree requiring substantial renovation (i.e. 100% of the buildings in the proposed TIF District) or clearance and at least 15% of the area of the Parcels identified on Exhibit A attached hereto contains improvements including four structurally substandard buildings and therefore more than 70% of the area of the proposed TIF District is occupied by buildings, streets, utilities, paved or gravel parking lots, or other similar structures as required by the TIF Act. 2. After the date of approval of this resolution, the buildings on the Parcels may be demolished or removed by the EDA or the City, or such demolition or removal may be financed by the EDA, or may be undertaken by a developer under a development agreement with the EDA. 3. The EDA intends to include the Parcel in a redevelopment TIF District, and to file the request for certification of such district with the Ramsey County auditor within 3 years after the date of demolition of the building on the Parcels. 4. Upon filing the request for certification of a new tax increment financing district, the EDA will notify the Ramsey County auditor that the original tax capacity of the Parcel must be adjusted to reflect the greater of (a) the current net tax capacity of the parcel, or (b) the estimated market value of the Parcel for the year in which the building was demolished or removed, but applying class rates for the current year, all in accordance with Minnesota Statutes, Section 469.174, Subd. 10(d). 5. EDA staff and consultants are authorized to take any actions necessary to carry out the intent of this resolution. Adopted by the Board of Commissioners of the Mounds View Economic Development Authority this 24 day of June, 2019. _______________________ Carol A. Mueller President ATTEST: ______________________________ Nyle Zikmund, Executive Director (Seal) A-1 587440v2MU205-49 EXHIBIT A PARCEL AND PROPOSED TIF DISTRICT The Mounds View Vision A Thriving Desirable Community Item No: 6B Meeting Date: June 24, 2019 Type of Business: EDA Business Administrator Review: ____ City of Mounds View Staff Report To: EDA President and Commissioners From: Brian Beeman, Assistant City Administrator Item Title/Subject: Update by City Attorney on 30’ Easement between the Skyline Motel Site and Bio Clean property Introduction: There is a 33’ easement between the Skyline Motel and the Bio Clean property. Kennedy and Graven are working with the title company to determine who owns the easement. Once it is determined who owns the property then Bio Clean would like to start their expansion project. Discussion: The City Attorney will be available to provide an update on the easement situation. Strategic Plan Strategy/Goal: Create and maintain a positive business climate where businesses want to locate and remain in Mounds View. Maximize utilization of development space and current redevelopment sites. Fill vacant space and support redevelopment & development. Financial Impact: None Recommendation: Hear an update by Kennedy & Graven and ask questions as needed. Respectfully submitted, ________________________ Brian Beeman Assistant City Administrator Attachments: 1) None