HomeMy WebLinkAboutHRA MINUTES 062520021 CITY OF ST. ANTHONY
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
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5 June 25, 2002
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7 CALL TO ORDER.
8 Chair Hodson called the meeting to order at 8:16 p.m.
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10 ROLL CALL.
11 Commissioners present: Chair Hodson; Commissioners Sparks, Thuesen, Horst, and Faust.
12 Commissioners absent: None.
13 Also present: Executive Director Michael Morrison and City Attorney Jerome
14 Gilligan.
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16
17 I. APPROVAL OF JUNE 25, 2002 H.R.A. AGENDA.
18 Motion by Commissioner Thuesen, second by Commissioner Sparks, to approve the June 25,
19 2002 Housing and Redevelopment Authority Agenda as presented.
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21 Motion carried unanimously.
22
23 IL CONSENT AGENDA.
Motion by Commissioner Horst, second by Commissioner Thuesen, to approve the Consent
Agenda, which consisted of:
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27 A. H.R.A. Meeting, Minutes of May 14.2002; and
28 B. Claims.
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30 Motion carried unanimously.
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32 III. GENERAL POLICY BUSINESS OF THE H.R.A.
33 A. H.R.A. Resolution 02-010 re: Finding a parcel to be occupied by a structurally
34 substandard building.
35 Executive Director Michael Momson stated that this resolution identified the vacant
36 Hardee's building and the Exhaust Pro building and was a test that they needed to
37 measure whether or not they met the tax increment test. He continued that they met the
38 test, and would qualify under the tax increment laws. He added that this resolution
39 simply gives them some options.
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41 Morrison stated that he thought that they had up to three years to create a tax increment
42 district to capture that increment and use the buildings.
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44 Councilmember Horst asked if there was enough time for the Apache redevelopment.
445 Morrison stated he felt that there was enough time and that they were looking to set up the
tax increment districts by early next year.
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Housing and Redevelopment Authority Meeting Minutes
•June 25, 2002
Page 2
I Motion by Commissioner Faust, second by Commissioner Thuesen, to adopt H.R.A.
2 Resolution 02-010, re: Finding a parcel to be occupied by a structurally substandard
3 building.
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5 Motion carried unanimously.
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7 B. H.R.A. Resolution 02-011. re: Consider purchase agreement with Culvers
8 Momson stated they purchased the Hardee's property for $319,000 which they will re -sell
9 to Culver's, asking for the $319,000 upfront, and will refund them $314,000 after a
10 certificate of occupancy is issued for the Culver's structure.
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12 Momson continued that they would also work with Culver's to demolish both facilities.
13 He stated that Culver's would pay for the demolition of the Exhaust Pro facility, and the
14 city would pay for the demolition of the Hardee's facility, all of which is part of the
15 purchase agreement that is being negotiated.
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17 Motion by Commissioner Sparks, second by Commissioner Faust, to adopt Resolution
18 02-011, re: Considering purchase agreement with Culvers.
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0 Motion carried unanimously.
22 C. H.R.A Resolution 02-012. re: Authorize the Chair and Executive Director to enter into a
23 Redevelopment Agreement relating to the Kenzie Terrace redevelopment proiect
24 Momson introduced Stacie Kvilvang, Ehlers and Associates, who came forward to review
25 the two proposals.
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27 The first proposal was from LaNel Financial, who currently owns the Autumn Woods
28 Apartments. The second was from Lary Beach Construction, who is a single-family
29 residential developer.
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31 Kvilvang indicated that the recommendation from Ehlers was to work with LaNel
32 Financial for the following reasons:
33 • LaNel Financial is an existing resident and partner in the City and the City
34 Council has been pleased with their performance and product.
35 • Design concept is superior in that it will bring additional open/green space to the
36 project.
37 • High quality design of proposed development.
38 • Development will generate a higher, future tax base for the City.
39 • Higher purchase price of land and financial capability to complete development.
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Commissioner Sparks asked about the style of the structure proposed by LaNel. Kvilvang
indicated that, essentially, it was a rental unit. She added that they were single story, as
43 well.
Housing and Redevelopment Authority Meeting Minutes
•June 25, 2002
Page 3
1 Commissioner Thuesen asked about the 25 -year payback period that it would take to
2 recapture their entire investment with the LaNel proposal, and if it was a fairly typical
3 time period. Kvilvang stated that the timeframe for a standard redevelopment district was
4 25 years.
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6 Motion by Commissioner Faust, second by Commissioner Thuesen, to approve
7 Resolution 02-012, re: Authorizing the Chair and Executive Director to enter into a
8 Redevelopment Agreement relating to the Kenzie Terrace redevelopment project.
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10 Motion carried unanimously.
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12 IV. STAFF REPORTS.
13 None.
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15 V. H.R.A. COMMISSIONER COMMENTS.
16 None.
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18 VI. INFORMATION AND ANNOUNCEMENTS.
19 None.
0 VII. ADJOURNMENT.
22 Motion by Commissioner Thuesen, second by Commissioner Horst, to adjourn the meeting at
23 8:32 p.m.
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25 Motion carried unanimously.
26 Respectfully submitted,
27 Courtney Seesz
28 TimeSaver Off Site Secretarial, Inc.
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