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HomeMy WebLinkAboutHRA MINUTES 07252000a .. . 1 CITY OF ST. ANTHONY HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES July 25, 2000 4 I. CALL TO ORDER. 5 The meeting was called to order by Chairman Cavanaugh at 9:10 p.m. 6 II. ROLL CALL. 7 Commissioners present: Chairman Cavanaugh, Vice Chair Thuesen, Commissioners Sparks 8 Horst, and Hodson. 9 Commissioners absent: None. 10 Also present: Executive Director Michael Morrison, Attorney Jerry Gilligan 11 IH. APPROVAL OF JULY 25, 2000 H.R.A. AGENDA. 12 Motion by Horst to approve the July 25, 2000 H.R.A. Agenda as presented. 13 Motion carried unanimously. 14 IV. CONSENT AGENDA. 15 Motion by Horst to approve the Consent Agenda, which included: I . Housing and Redevelopment Authority Meeting Minutes of June 13, 2000; and 2. Claims for the H.R.A. 18 Motion carried unanimously. 19 V. GENERAL POLICY BUSINESS OF THE H.R.A. 20 A. Public Hearin¢ - Granting of Business Subsidy to Hillcrest Development for the 21 Redevelopment of Apache Plaza and Surrounding Parcels. 22 Executive Director Michael Momson introduced Paul Steinman, Vice President of Housing & 23 Economic Development. Mr. Steinman directed the Commission's attention to a memorandum 24 dated July 17, 2000 (page 9-10 of the agenda packet). Mr. Steinman reviewed the memorandum, 25 which stated that at the City Council meeting on June 27, 2000, the Council approved, upon the 26 holding of a public hearing, the City's Business Subsidy Policy. 27 Such policy describes the circumstances under which the Mayor and Council would approve 28 business subsidies. The action was taken, in part, in anticipation of an incentive being provided 29 as part of the Apache Plaza redevelopment project. Additionally, the Business Subsidy 30 Agreement would be part of the overall Redevelopment Agreement with Hillcrest. Furthermore, 31 the Business Subsidy Agreement closely mirrors the Business Subsidy Policy. Major points 32 were outlined by Mr. Steinman and the issue was discussed in detail. • Housing and Redevelopment Authority Meeting Minutes • July 25, 2000 Page 2 A possible condemnation of Herbergers Department Store was discussed, although Mr. Scott Tankenoff noted for the record that Hillcrest Development would rather negotiate with Herbergers and reach a resolution to the lease issue. Hillcrest Development, Mr. Tankenoff specifically noted, would like to work with Herbergers. In other words, if the Council does not approve the condemnation procedures, then the proposed redevelopment would not be able to continue. 7 Mr. Tankenoff noted that condemnation is a legal proceeding and is not the preferred choice of 8 action by Hillcrest Development. He further stated that Hillcrest has incentive under the TIF 9 plan to complete the project as quickly and efficiently as possible. However, Hillcrest needs to 10 move forward on the project and would not be willing to wait for Herbergers to make a lease 11 decision. 12 After inviting additional input from the audience and hearing none, Mayor Cavanaugh closed the 13 public hearing at 9:40 p.m. 14 Motion by Hodson to table the granting of business subsidy to Hillcrest Development for the 15 redevelopment of Apache Plaza and surrounding parcels until August 22, 2000. 16 Motion carried unanimously. 40 B. Amendment to Tax Increment Financing District #3 - Ramsey County (HRA Resolution 18 2000-008). 19 Motion by Thuesen to table Resolution 2000-008 until the City Council meeting on August 22, 20 2000. 21 Motion carried unanimously. 22 C. Amendment to the Redevelopment Plan for Area #3 and on the Proposed Tax Increment 23 Financing. Plan for Tax Increment Financine District #5 - Ramsey County (HRA 24 Resolution 2000-009). 25 Motion by Thuesen to table Resolution 2000-009 until the City Council meeting on August 22, 26 2000. 27 Motion carried unanimously. 28 VI. STAFF REPORTS 29 Executive Director Michael Mornson noted that all members were scheduled to be in attendance 30 at the important August 22, 2000 City Council meeting and H.R.A. meeting. 31 Morrison reported that documents would be distributed to the Councilmembers as soon as 32 possible prior to the August 22, 2000 meeting for information and review. 0 Housing and Redevelopment Authority Meeting Minutes • July 25, 2000 Page 3 1 VII. H.R.A. COMMISSIONER COMMENTS. 2 None. 3 VIII. INFORMATION AND ANNOUNCEMENTS. 4 Mr. Terry Kingston was introduced to the Council as a consultant to Hillcrest Development in 5 order to provide an estimate and explanation of the residual value of the property located at 6 Apache Plaza. He remarked that Hillcrest Development's interest in the Apache Plaza could 7 create a valuable property. Although there are issues left to be resolved, he believed that there 8 would be investors that would come into the community and the property would prove itself to 9 be a valuable property and would demonstrate long-term viability. 10 Cavanaugh thanked Mr. Kingston for his input. 11 IX. ADJOURNMENT. 12 Motion by Hodson to adjourn the meeting at 9:52 p.m. 13 14 Respectfully submitted, 0 Sue Selseth 16 TimeSaver Off Site Secretarial, Inc. Motion carried unanimously.