Laserfiche WebLink
Housing and Redevelopment Authority Meeting Minutes <br /> August 12, 1997 <br /> • Page 3 <br /> 1 4. General Office Products Company <br /> 2 a. In the amount of$175.00 for service labor. <br /> 3 b. In the amount of$96.00 for service labor. <br /> 4 Motion carried unanimously. <br /> 5 <br /> 6 VI. AMENDMENT TO REDEVELOPMENT AGREEMENT WITH ARNOLD <br /> 7 DEVELOPMENT (HRA RESOLUTION 97-008). <br /> 8 Morrison reported there has been a replatting and reconfiguring of Arnold Gregory's <br /> 9 The Arbors, from eighteen to sixteen units. As a result, the payback of the $95,000 in <br /> 10 tax increment financing may be made to Arnold Development from the HRA after <br /> 11 completion of thirteen townhomes rather than fourteen. This resolution will clarify <br /> 12 this change. <br /> 13 Motion by Faust, second by Marks to approve Resolution 97-008, amending Article 5, <br /> 14 Section 5.1(c) of the Redevelopment Agreement between the St. Anthony Housing and <br /> 15 Redevelopment Authority and Arnold Development, dated August 22, 1995. <br /> 16 Motion carried unanimously. <br /> VII. PURCHASE OF 2546 KENZIE TERRACE (HRA RESOLUTION 97-009) <br /> 8 Morrison reported that in 1995 and 1996, the City amended their redevelopment plan <br /> 19 to develop properties along Kenzie Terrace and Lowry Avenue. 2546 Kenzie Terrace <br /> 20 is currently for sale. <br /> 21 The City set aside $1.3 million for the purchase and demolition of the properties. This <br /> 22 Resolution proposes to purchase 2546 Kenzie Terrace for $62,000.00 which is the <br /> 23 amount appraised by Hennepin County in 1997. <br /> 24 Morrison noted the process of purchasing properties along this area of Kenzie Terrace <br /> 25 was initiated last year. To date the process has been quite successful with 4/5 of the <br /> 26 properties being purchased. <br /> 27 Motion by Marks, second by Enrooth to approve Resolution 97-009, approving the <br /> 28 purchase of property known as 2546 Kenzie Terrace. <br /> 29 Motion carried unanimously. <br /> 30 VIII. CHANGE ORDER RELATING TO THE DEMOLITION OF PARKVIEW. <br /> 31 Morrison reported the Parkview building had three fuel tanks located underneath it to <br /> 32 heat the building when it was initially built. Three years ago, the City contacted their <br /> 33 insurance carrier, the League of Minnesota Cities, to obtain insurance coverage for <br /> these tanks and the tanks located at the public works site in case of leakage. Upon <br /> 5 demolition of the Parkview building, it has been discovered that one of the tanks is <br /> 36 leaking. Braun Engineering has received confirmation from the Pollution Control <br />