Laserfiche WebLink
CITY OF ST. ANTHONY <br /> HOUSING AND REDEVELOPMENT AUTHORITY MINUTES <br /> February 22 , 1983 <br /> The meeting was called to order at 8 :13 P.M. by Chairman Sundland. <br /> Present for roll call: Sundland, Vice Chairman Letourneau, Secretary/ <br /> Treasurer Marks , and Commissioners Enrooth and <br /> Ranallo. <br /> Also present: David Childs , Executive Director; William Soth, Attorney; <br /> and Richard Krier, Westwood Planning & Engineering <br /> Co. , Planning Consultant. <br /> Motion by Secretary/Treasurer Marks and seconded by Commissioner Ranallo <br /> to approve as submitted the minutes of the H.R.A. meeting held <br /> February 8, 1983. <br /> Motion carried unanimously. <br /> Mr. Krier read the statement which had been distributed to the H.R.A. <br /> members '-in which 'he, reported the review and evaluation of the two <br /> proposals which had been made to develop the Kenzie Terrace Redevelop- <br /> ment Project and recommended the H.R.A. begin negotiating with the <br /> Arkell group comprised of the Arkell Development Co. , Kraus Anderson, <br /> Rothchild Financial Corporation and Saunders-Thalden & Associates , <br /> Inc. towards a final contract to develop 135 housing units on the <br /> northern and 361 housing units on the southern sites of the project <br /> area for the reasons he had documented in his statement. The Planning <br /> Consultant had also distributed copies of the two proposed resolutions <br /> by which the Arkell group could be designated as the tentative <br /> developers of the project, which the Mayor read aloud. <br /> `Arkell, with several other members of the development team were <br /> present and he confirmed that his firm's ability to put up the $400 ,000 <br /> Letter of Credit could be substantiated through the banks . <br /> The Secretary-Treasurer indicated he perceives the selection of the <br /> Arkell group would provide the City with the greatest chance of com- <br /> pleting the project with the least risk to the City. <br /> Motion by Secretary/Treasurer Marks and seconded by Commissioner <br /> Enrooth to adopt H.R.A. Resolution 83-001. <br /> H.R.A. RESOLUTION 83-001 <br /> A RESOLUTION DESIGNATING ARKELL DEVELOPMENT CORPORATION <br /> AND KRAUS ANDERSON CONSTRUCTION CO. AS TENTATIVE DEVEL- <br /> OPERS FOR THE KENZIE TERRACE REDEVELOPMENT PROJECT <br /> • FOR THE, CITY OF ST. ANTHONY <br /> Motion carried unanimously. <br />