HomeMy WebLinkAboutHRA MINUTES 041220051 CITY OF ST. ANTHONY
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
APRIL 12, 2005
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5 CALL TO ORDER.
6 Chair Faust called the meeting to order at 8:34 p.m.
8 ROLL CALL.
9 Commissioners present: Chair Faust; Commissioners Gray, Horst, Stille, and Thuesen.
10 Commissioners absent: None.
11 Also present: Executive Director Michael Morrison.
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14 L APPROVAL OF APRIL 12, 2005 H.R.A. AGENDA.
15 Motion by Commissioner Horst, seconded by Commissioner Stille, to approve the April 12, 2005
16 Housing and Redevelopment Authority Agenda as presented.
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18 Motion carried unanimously.
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20 II. CONSENT AGENDA.
21 Motion by Commissioner Stille, seconded by Commissioner Horst, to approve the Consent
22 Agenda, which consisted of:
23 A. H.R.A. Meeting Minutes of March 8.2005; and
0 B. Claims.
26 Motion carried unanimously.
27
28 III. PUBLIC HEARINGS
29 None.
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31 IV. GENERAL POLICY BUSINESS OF THE H.R.A.
32 A. H.R.A. Resolution 05-005, re: Third amendment to redevelopment agreement with
33 Apache Redevelopment LLC — Stacie Kvilvang, Ehlers & Associates presenting,
34 Ms. Kvilvang stated one of the components in this agreement was to provide for the
35 redevelopment of 39'" Avenue. The cost would be $2.2 million to construct. Commercial
36 property would pay $1.705 million and surrounding properties would pay the rest. The amounts
37 were originally broken into two lump sums. She said they anticipated that Wal-Mart would pay
38 $1.705, and the rest of the properties would pay $600,000 over the years. The properties are
39 platted and request they be realigned and prorated. She noted that temporary bonds were sold for
40 this, and with new assessments, there is more that needs financing. There is no adverse financial
41 risk to the city.
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43 Motion by Commissioner Gray, seconded by Commissioner Thuesen, to adopt H.R.A.
44 Resolution 05-005, re: A third amendment to a redevelopment agreement by and among the City
of Saint Anthony, Minnesota, the Housing and Redevelopment Authority of the City of Saint
Anthony, Minnesota, and Apache Redevelopment LLC (The "Developer"), dated December 19,
2003.
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Housing and Redevelopment Authority Meeting Minutes
April 12, 2005
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Motion carried unanimously.
3 IV. STAFF REPORTS.
4 Ms. Kvilvang gave a verbal report. She slated the For Sale housing is growing and the results of
5 the Parade of Homes are pleasing. Rental housing is going up quickly with many units being
6 pre -leased for the first time. The second bid for the second phase of 39th Avenue should be ready
7 for submission soon. She said that construction is anticipated to start in June. She noted the bids
8 for the Pond, or Park Improvement Center, came in slightly over budget. The decision is being
9 made of where costs can be reduced without compromising the integrity. She said she anticipates
10 construction beginning this summer. The maintenance agreements at the Pond will be
I l incorporated. She said the types of uses for the big park in the center must be appropriate, and
12 the rules are under development. Applications will be made at the city level. The commercial
13 developer will provide maintenance assistance.
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15 Ms. Kvilvang noted that commercial development is going up quickly, with many businesses
16 already open. Several other tenants are negotiating and one user is negotiating in the office
17 space. She anticipated that the facility is about 80 percent leased. landscaping has begun. The
18 weather helped that begin faster.
19
She reported that the financing has been doing well, and projects have been coming in under
budget. The deadline for a development agreement is near with regard to Phase 11. She said the
22 preliminary draft is in, with a few blanks that must yet be filled in. Phase 11 is predominantly
23 housing, and she said it should be assured that what is being developed is a long-term solution.
24 She said as each place opens, there will be a celebration. The summer will be a series of
25 celebrations.
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27 She noted that there is a private award awarded to real estate developers. Silver Lake Village has
28 been nominated for this award. Awards will be handed out at the end of this month.
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30 Commissioner Thuesen asked if the verbal commitment for the For Sale housing is as expected.
31 Ms. Kvilvang said there have been monetary commitments and it is ahead of schedule currently.
32 Commissioner Thuesen questioned if the verbal commitment for commercial property is as
33 expected. Ms. Kvilvang said that has been going very well.
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35 Chair Faust asked if the park is going to be named Shalom Park. He said there was no issue with
36 that in the Committee meeting. He said it is the designers' decision to determine its location.
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38 Chair Faust said if there is an issue with the trash, he said the City will assist the developer. He
39 noted there are many plastic bags in this area, which can migrate from quite a distance. He also
40 pointed out that the seniors can call City Hall for the senior housing numbers.
Mr. Morrison said the tentative date for reconstruction of 39th Avenue is June 20 to September
30, and the road will be closed during this time.
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Housing and Redevelopment Authority Meeting Minutes
•April 12, 2005
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1 V. H.R.A. COMMISSIONER COMMENTS.
2 None.
3
4 V1. INFORMATION AND ANNOUNCEMENTS.
5 None.
6
7 VII. ADJOURNMENT.
8 Chair Faust adjourned the meeting at 8:50 p.m.
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10
I l Respectfully submitted,
12 Chris Moksnes
13 TimeSaver Off Site Secretarial, Inc.
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