HRA MINUTES 04111989 - Laserfiche WebLink

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IMotion by Marks, seconded by Ranallo to approve payment of $14,186.85 to Twin Cities Harley Davidson as the final relocation claim for moving and related expenses in conjunction with the relocation of that 4 displaced business to Blaine, MN from the Autumnwood Apartments site. 5 Motion carried unanimously. 6 Motion by Marks, seconded by Enrooth to approve payment of $4,757.50 to 7 Federal -State Relocation Consulting Services for final services related 8 to the relocation of Twin Cities Harley Davidson from the site on which 9 the Autumnwood Apartments are now to be erected. 10 11 Evergreen Townhome ProiectUpdate Motion carried unanimously. 12 Mr. Childs indicated he had a "more encouraging report than had been 13 given at the previous H.R.A. meeting. He said he had been continuing 14 negotiations with the Soo Line Railroad Engineering Department which he 15 then discontinued when Vern Hoium, President of Evergreen Development, 16 phoned him to indicate the developers had refigured the configuration 17 of the proposed townhome project and perceived the townhomes on the east 18 side of the pond could be put up on slabs instead of basements and the 19 fill could be dumped in that location instead of on the railroad's 20 property. 21 The Executive Director had also indicated that allowing slabs would give those prospective buyers who didn't want basements the options they were seeking and at the same time drop the proposed road through the 24 site which was actually higher than Silver Lane down four feet to a 25 height of only a few feet lower than Silver Lane. Mr. Childs reported 26 the Evergreen President had perceived these changes would cost a lot 27 less than what the railroad was asking to allow the developers to dump 28 fill on their right-of-way. He said it would take the developers a few 29 days to draw up the new plans which should be ready for the next H.R.A. 30 meeting. 31 32 33 Mr. Childs relayed the developer's request to put a cap on taxes for 34 the Autumnwood Apartments to keep the rents for those units a little 35 more reasonable than would be necessary to pay taxes which are now 36 estimated to run between $1,850.00 and $2,000.00 as compared to 37 $1,200.00 to $1,400.00 originally projected. There was general 38 concurrence that the City should not grant this request, which was 39 feared could result in every other property owner in St. Anthony 40 requesting a similar cap on the property tax raises they were also 41 experiencing. 42 The Executive Director indicated he had also not been too excited about 43 giving a further subsidy to this developer when the City was holding developers on other redevelopment projects to a minimum tax without any 4 y 2