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HomeMy WebLinkAboutHRA MINUTES 010920011 3 4 I. 5 6 II. 7 8 9 10 12 III. 13 14 CITY OF ST. ANTHONY HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES January 9, 2001 CALL TO ORDER. The meeting was called to order by Chairman Cavanaugh at 9:25 p.m. ROLL CALL. Commissioners present: Chairman Cavanaugh; Vice Chair Thuesen, Commissioners Sparks, Horst and Hodson. Councilmembers absent: None. Also present: Executive Director Michael Mornson; and City Attorney Jerome Gilligan. APPROVAL OF JANUARY 9, 2001 H.R.A. AGENDA. Motion by Hodson to approve the January 9, 2001 H.R.A. Agenda as presented. Motion carried unanimously. 15 IV. CONSENT AGENDA. Motion by Sparks to approve the Consent Agenda, which consisted of: 1. H.R.A. Meeting Minutes of December 20, 2000; 18 2. Claims for the H.R.A.; and 19 3. H.R.A. Resolutions 0 1 -00 1 - 01-005. 20 Executive Director Michael Morrison noted the Mayor will act as Chair, Horst will act as the 21 Vice Chair, and Sparks will act as the Secretary and be authorized to sign documents with the 22 Chair and Executive Director. 23 Motion carried unanimously 24 V. GENERAL POLICY BUSINESS OF THE H.R.A. 25 A. H.R.A.Resolution 01-006, re: Approve Redevelopment Agreement with Meridian St. 26 Anthony. L.L.C. (For Wal reg ens) 27 City Attorney Jerome Gilligan explained that this agreement provides, upon completion of 28 construction of the building, disbursement of funds of up to $200,000 in TIF to reimburse them 29 for eligible costs. The resolution includes a provision that the debt must be repaid if the property 30 is sold within one year from that point. It also contains a provision for reduction in assistance if 31 the costs do not come in as high as estimated. He stated this is a standard redevelopment 32 agreement and has been used with other projects. 33 Chair Cavanaugh noted they cannot seek property tax exemption. Attorney Gilligan stated that :4 is correct and is a covenant recorded with the land for a term of 30 years. 35 Sparks asked if the $200,000 will be used for soil improvements. Attorney Gilligan stated the 36 funds would be used for development expenses and site improvements. Housing and Redevelopment Authority Meeting Minutes January 9, 2001 Page 2 I Sparks stated her position that it is appropriate for the City to pay for environmental clean up 2 given the City allowed dumping to occur years ago. She stated she feels this financial assistance 3 is to clean up an existing mess, not to offer financial assistance to Walgreens. Sparks stated this 4 clean up work should be done regardless of Walgreens coming to St. Anthony and she is voting 5 on the $200,000 to be spent on environmental remediation. 6 Gilligan stated the reimbursing of site development expenses includes demolition, clean up, and 7 soil corrections to the extent that those costs will exceed $380,000. If the costs are less than 8 $380,000, the H.R.A.'s assistance level will be reduced. 9 Thuesen asked when the new building will be constructed. 10 Mr. Mike Kalscheur of TOLD Development stated they have already begun work on the 11 environmental study to determine what exists on the site. He expected to start construction no 12 later than June of 2001 or as early as mid-April. 13 Motion by Thuesen to adopt H.R.A. Resolution 01-006, re: Approve Redevelopment Agreement 14 with Meridian St. Anthony, L.L.C. (For Walgreens). 05 Motion carried unanimously. 16 VI. STAFF REPORTS. 17 None. 18 VII. H.R.A. COMMISSIONER COMMENTS. 19 None. 20 VIII. INFORMATION AND ANNOUNCEMENTS. 21 None. 22 IX. ADJOURNMENT. 23 Motion by Sparks to adjourn the meeting at 9:32 p.m. 24 25 Respectfully submitted, 26 Carla Wirth 27 TimeSaver Off Site Secretarial, Inc. E Motion carried unanimously.