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1 <br /> 1 Motion by Marks, seconded by Ranallo to approve payment of $14,186.85 <br /> 2 to Twin Cities Harley Davidson as the final relocation claim for moving • <br /> 3 and related expenses in conjunction with the relocation of that <br /> 4 displaced business to Blaine, MN from the Autumnwood Apartments site. <br /> 5 Notion carried unanimously. <br /> 6 Motion by Marks, seconded by Enrooth to approve payment of $4,757.50 to <br /> 7 Federal-State Relocation .Consulting Services for final services related <br /> 8 to the relocation of Twin Cities Harley Davidson from the site on which <br /> 9 the Autumnwood Apartments are now to be erected. <br /> 10 Notion carried unanimously. <br /> 11 Evergreen Townhome Project Update <br /> 12 Mr. Childs indicated he had a "more encouraging report than had been <br /> 13 given at the previous H.R.A. meeting. He said he had been continuing <br /> 14 negotiations with the Soo Line Railroad Engineering Department which he <br /> 15 then discontinued when Vern Hoium, President of Evergreen Development, <br /> 16 phoned him to indicate the developers had refigured the configuration <br /> 17 of the proposed townhome project and perceived the townhomes on the east <br /> 18 side of the pond could be put up on slabs instead of basements and the <br /> 19 fill could be dumped in that location instead of on the railroad's <br /> 20 property. <br /> 21 The Executive Director had also indicated that allowing slabs -would give <br /> 22 those prospective buyers who didn't want basements the options they <br /> 23 were seeking and at the same time drop the proposed road through the • <br /> 24 site which was actually -higher than Silver Lane down four feet to a <br /> 25 height of only a few feet lower than Silver Lane. Mr. Childs reported <br /> 26 the Evergreen President had perceived these changes would cost a lot <br /> 27 less than what the railroad was asking to allow the developers to dump <br /> 28 fill on their right-of-way. He said it would take the developers a few <br /> 29 days to draw up the new plans which should be ready for the next H.R.A. <br /> 30 meeting. <br /> 31 H.R.A. Cools Towards Request to Lower Assessed Valuation for the LaNel <br /> 32 Project <br /> 33 Mr. Childs relayed the developer's request to put a cap on taxes for <br /> 34 the Autumnwood Apartments to keep the rents for those units a little <br /> 35 more reasonable than would be necessary to pay taxes which are now <br /> 3'6 estimated to run between $1,850.00 and $2,000.00 as compared to <br /> 37 $1,200.00 to $1,400.00 originally projected. There was general <br /> 38 concurrence that the City should not grant this request, which was <br /> 39 feared could result in every other property owner in St. Anthony <br /> 40 requesting a similar cap on the property tax raises they were also <br /> 41 experiencing. <br /> 42 The Executive Director indicated he had also not been too excited about <br /> 43 giving a further subsidy to this developer when the City was holding <br /> 44 developers on other redevelopment projects to a minimum tax without any <br /> 2 • <br />