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Home My WebLink AboutPL PACKET 09111996 Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 101463 BOX: 20 Folder: PL PACKETS 1996 Document: PL PACKET 09111996 CITY OF ST. ANTHONY . PLANNING COMMISSION WORK SESSION AGENDA September 11, 1996 7:00'P.M. Council Chambers I. CALL TO ORDER.. H. ROLL CALL. III. APPROVAL OF SEPTEMBER 11, 1996 PLANNING COMMISSION WORK SESSION AGENDA. IV. INTERVIEW OF FIRMS AND PROPOSALS FOR CITY'S COMPREHENSIVE PLAN UPDATE. A. 7:00 P.M. SANDERS, WACHER, WEHRMAN, BERGLY, INC. —John Bergly B. 7:30'P.M. DAHLGREN, SHARDLOW & UBAN, INC. —John W. Shardlow C. 8:00 P.M. NORTHWEST ASSOCIATED CONSULTANTS — Steven W. Grittman V. MISCELLANEOUS. A. Comments. 1. Commissioners 2. Staff VI. ADJOURNMENT. thon ain illa e Administrative Offices 3301 Silver Lake Road, St. Anthony, Minnesota 55418-1699 (612) 789-8881 FAX (612) 781-9323 August 27, 1996 Mr. Jerome Gilligan Dorsey & Whitney 220 South Sixth Street Minneapolis, MN 55402-1498 Dear Jerry: Enclosed is a summary page of the Tax Increment Financing projects that the City would like to include in their TIF plan. As I discussed with you earlier, the Council or the HRA will call for the hearing at their October 8th Council meeting and conduct the hearing at their November 12th meeting to amend the budget and area. The City Council will review the list at their September and October Work Sessions, so some changes could be made. Presently, the only area that we are adding to the plan is the Kentucky Fried Chicken building, a video and pizza business, and a vacant lot owned by Firstar. The legal descriptions for those areas are included with this information. Another area that is being added is Silver Lake Road; between 37th Avenue NE and Silver Lane. Could you prepare the necessary resolutions for the October and November meetings s well as the public notice for the legal newspaper. The Planning Commission will review this at their September or October meeting. We can review this subject in September when we get together with Bob Thistle to review the CUB package. Sincerely, ichael Mornson City Manager Enclosure STAFF REPORT - DATE: August 26, 1996 TO: Mayor and Councilmembers FROM: Michael Mornson, City Manager ITEM: TAX INCREMENT FINANCING AMENDMENT PROPOSAL Following is a summary of existing TIF projects and some proposed changes that the Council may want to consider. The City Council will call for a Public Hearing on October 8th and hold the hearing on November 12th. 4 $233,000 for vacant lot by Industrial Custom Products (new project) 4 $40,000 for Clark Station, up $10,000 -i $40,000 for bowling alley, down $20,000 4 $60,000 for St. Anthony Shopping Center, up $25,000 -> $75,000 for Twin City Federal lots, up $15,000 -� $1.3 million for Autumn Woods, up $800,000, plus expansion of property area to include Kentucky Fried Chicken, pizza, video and Firstar parking lot areas 4 *$400,000 for Apache Plaza (new) '4 *$100,000 for Community Center.site work (new) 4 *$100,000 for bridge work along Silver Lake Road at 37th Avenue NE (new) 4 *Delete $500,000 for Lowry Grove New expenditures total $923,000 Total expenditures are $6,033,000. However, the City will spend about $7.4 million, if we do all of the projects due to interest on the CC bonds. e - MEMORANDUM DATE:. August 26, 1996 TO: Mayor and Councilmembers . FROM: Michael Mornson, City Manager ITEM: STATUS UPDATE ON TIF Following is an update on the TIF plan and expenditures that were recently approved by the City Council on June 27, 1995. In addition are some changes the City Council may want to consider later this year (these are shaded). Expenditure Activi1y Authorized Project Status Evergreen Twin Homes $150,000 Construction underway. $12,500 paid to (12), min. value $175,000 developer upon issuance of certificate of occupancy per unit. 12 X 12,500 = $150,000. Gregory Redevelopment $350,000 Construction underway. $165,000 paid (18), townhomes valued at 2 �0{,x', to developer. $95,000 remaining to be $175,000 . paid upon completion of 10-14 units. American Monarch $125,000 Industrial Custom Products located in Industrial Custom Products building. $125,000 paid out. Community Center $3,000,000 $2,650,000 bonds issued. Construction underway. Autumn Woods Project $50o,999 No activity. $1,090999 Expand project area. F Apache Plaza $300,000 Money spent on CUB. . d0. . Future redevelopment. TIF Update August 26; 1996 Page 2 Clark Station $30,090 No activity. Bowling Alley $60,090 No money spent, however, an office dQ000 retail business has located there. St. Anthony Shopping Area $35;090 No activity. $59;999 Vacant lots on Silver Lake Road $69,009 No activity. T5; Vacant lot by Industrial Products $233,000 Community Center site work $100,000 nth an �S �verLake�Road�Bnd� �0 0;; Money authorized to date-----------------$4,205,000 3 85 Q0 00 Money not authorized----------------------$i�.,�0 $2,538,000) $2,63$ 90, 248,0 Total--------------------------------- 000 $6,023,009 Qa-inn nno, a;033;00., If we complete all the projects, the City would actually spend $7.4 million due to $1.3 million in interest on the CC bonds. The $3,485,000 funded the following projects: *Evergreen Townhomes *The Arbors Townhomes *American Monarch *CUB Foods *Community Center Once again the benefits of setting up TIF in this manner are: • No LGA loss • Will not have to issue bonds • Will not have to put property in the district TIF Update May 13, 1996 Page 3 Following represents the status of the existing TIF districts: District TIF Type Increment Terminates *Chandler Housing $240,000 per year 2010 *Kenzie Terrace Housing $461,910 debt until 1999 2008 Evergreen Housing $59,000 2001 Walbon Housing $35,000 debt until 2001 2011 Apache Plaza Commercial ---- 2018 *The Chandler and Kenzie Terrace districts are the districts the City is using for the $6,033,000 in expenditures. Chandler and Kenzie Terrace Districts have a fund balance as of December 31, 1995.of$2.1 million. OwnerrTeX a er :=Property Address PID # Market Value Size of Parcel I Zohina I Yr. I Proposed Development KFC Kenzie Terrace Addition 2520 Kenzie Terrace 07-029-23 23 0016 180,000 37,706 sq ft C 1973 R.J. RUPPERT ETAL Video II 1700 78th Street W., #100 2510 Kenzie Terrace lot 2;blk 1;plat 63602 1994 Value Richfield, MN.55423 Pizza Shop parcel 9000 was 255,000 2512 Kenzie Terrace St. Anthony Nat'l. Bank Kenzie Terrace Addition 07-029-23 23 0015 40,800 7,206 sq ft C Firstar Bank of MN N A no address assigned - 1550 79th Street E: Overflow parking for Bank lot 1;blk 1;plat 63602 Bloomington, MN 55425 parcel 4500 1 PERMIT INFORMATION Bldg Bldg Bldg PI Check New # of Htg # of Plmbg Permits Fees Permits Fees New Town- New Htg Fee Plmbg Fees Year Issued Collected Value Collected R-1 hms Com'1 Permits Collected Permits Collected 1988 154 $19,827.25 $ 2,393,225 9 - - 96 $3,371.75 47 $1,459.00 1989 216 40,780.43 10,316,838 5 2 1 70 4,742.55 '43 7,011.52 1990 183 27,510.83 4,110,450 5 23 1 83 8,762.33 70 6,186.50 1991 197 22,454.50 2,654.350 3 16 0 66 3,628.15 49 1,702.75 1992 229 22,148.50 2,445,015 2 7 0 76 3,559.89 42 1,576.00 1993 258 23,975.00 2,365,280 1 0 1 76 4,284.74 44 1,451.00 1994 222 20,117.30 1,635,000 2 0 1 68 2,954.60 36 613.00 1995 247 57,074.71 7,421,165 3 20 0 80 8,535.20 43 1,702.25 So ►sq: t:4 - 88b, 40o a4 C a.. A-$p Afa4oR Gt�J 3 OOd DOD NtPRe ARc (:: SILVER LAKE DENTAL Seeptember 5; 1996 Steven N. Fedt-D.D.S. and Associates Larry Hamar City of St. Anthony Dear Larry: I am requesting a permit to place a boulevard sign out by the Tires Plus entrance to Apache Plaza. Because of the extended period of time that construction has been and will be going on, I would like have this sign for that period. We are finding that the traffic in the mall is reduced significantly, to 1 y, and that ' many people think that we have moved due to the Cub Foods project. In the interest of my business I feel it will greatly benefit us to have a sign the Mall, with an arrow the ingress of the mall, saying that we are still inhw pointing to Such a sign will be no larger than that of Herbergers, and will fabricated by a licensed sign comp will done very professionally to prom_ ote our best image to the public. I have fcan. It received approval from First Bank to place such a sign. e Please contact me soon if you have any questions. Thank you for your time. Sincerely, Steven N. Fedt,DDS snflms j i i i ache Plaza )0 Silver Lake Road Roseville(next to Byerly's) f Anthony, MN 55421 1647 West County Road C !-781-4856 Roseville, MN 55113 612-633-6087