HRA MINUTES 02081983 - Laserfiche WebLink

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Bob Sundland app preciate the opportunity to meet with you this evening at this interview. Over the last few months we have solicited proposals for the Kenzie Terrace Redevelopment Project, in accord with the adopted plan, which was recommended by the Planning Commission and approved by the City Council last summer. The purpose of this meeting is to interview two who have responded to our requests for proposals. This is a formal interview which will proceed as follows. Each redeveloper will be given one half hour to present their proposal. That half hour will be precisely timed by our clerk. At the end of that half hour session, the redevelopers will be requested to answer questions which the H.R.A. has prepared and which deal with their particular proposal also any questions which the H.R.A. feel are appropriate will be asked at that time. The questioning will take place for one half hour. Now, we have Arkell Development. We welcome you. I believe, Mr. Yurick, Mr. Arkell, Mr. Tushie. I don't know if fir. Englesma is here from luaus Anderson, but if the clerk will start the timer, then you folks have at it. Steve Yurick T azT nY -you very much, Mr. Sundland. On behalf of the members of our redevelopment team, we'd like to thank the members of the H.R.A. for this opportunity to present our ideas and concepts for this very important program. Before introducing each member for a brief recap of their experience in the housing, redevelopment and re- construction fields, I simply would like to express our desire to be selected for this project. We have an old saying in the sales field that if you don't ask for the order, you can't get the sale, and we like to follow that whenever we can. We feel we have put together a knowledgeable and dynamic group of people who are not only experienced in residential housing, but have an emphasis on condominium development. For your additional information, booklets were distributed to you tonight that focus a little more clearly on each of the entitles that would be involved should we be selected. At this point I would like to just very briefly introduce the people who will speak to you shortly. First we have Jack Schlettee, Senior Vice President for Kraus Anderson Construction. Jack. Gary Tushie,, principle in the firm of Saunders- Thalden, John Arkell, President of the Arkell Development Corpora- tion and Gary Gustafson, Senior Vice President with Rothchild Financial Corporation. To start things off, I'd like to introduce Jack Schlettee to give you a brief word on Kraus Anderson. Jack. Jack Schlettee Just a brief description of Kraus Anderson, for everybody's sake. It's a privately owned company that was acquired by Mr. Englsma in 1939. It has 5 offices of construction companies, 2 in Minneapolis/ St. Paul, Dallas and Honolulu. Since then, he's expanded it into real estate development, leasing, property management, insurancies and advertising. Our experience related to housing, elderly, con- dominiums and such is very extensive. Over the last probably 20 years, we built somewhere in the area of between 2 and 300,000 units. We have some slides here that will give you some example of completed projects. That's a condominium project that we completed about 3