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HomeMy WebLinkAboutHRA MINUTES 021319961 • 3 4 5 CITY OF ST. ANTHONY HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES FEBRUARY 13, 1996 I. CALL TO ORDERIROLL CALL. The meeting was called to order at 8:07 P.M. 6 H. ROLL CALL. 7 Commissioners. Present: Chair Ranallo, Vice Chair Enrooth, Secretary/Treasurer Marks, 8 Commissioners Wagner and Faust. 9 Also Present: Executive Director Michael Momson and City Attorney William Soth. 10 III. APPROVAL OF FEBRUARY 13,1996 HRA AGENDA. 11 Motion by Enrooth, second by Wagner to approve the February 13, 1996 HRA Agenda as 12 presented. 13 14 Motion carried unanimously, 15 IV. APPROVAL OF JANUARY 23, 1996 HRA MINUTES. 16 Motion by Marks, second by Wagner to approve the January 23, 1996 HRA minutes as ]Z presented. 18 Motion carried unanimously, 19 V. PRESENTATION OF CLAIMS. 20 Motion by Marks, second by Enrooth to approve the following claims: 21 A. American Bank in the amount of $75.00 for original issuance fee for G.O. Tax 22 Increment Bond dated 12/1/95. 23 B. Ramsey County in the amount of $603.12 for TIF administration expenses 1994. 24 C. Dorsey and Whitney in the amount of $3,518.49 for legal services rendered in 25 connection with the issuance of $2,650,000.00 General Obligation Tax Increment 26 Bonds, Series 1995B and in the amount of $785.96 for legal services rendered 27 through 12/31/95. 28 29 Motion carried unanimously, 30 VI. CONSIDER PROPOSED THREE CHANGE ORDERS FOR THE NEW CITY 31 HALL/ COMMUNITY CENTER 32 A. Open Office. #23 - $991.00 33 Motion by Enrooth, second by Wagner to approve Change Order #1 in the amount of 34 $991.00. 0 Motion carried unanimously, 0 Housing and Redevelopment Authority Meeting Minutes • February 13, 1996 Page 2 B. Warming Kitchen - $710.00 Motion by Marks, second by Wagner to approve Change Order #2 in the amount of $710.00. Motion carried unanimously, C. Relocate Temporary Fence - $3.161.00 Motion by Enrooth, second by Marks to approve Change Order #3 in the amount of $3,161.00. Motion carried unanimously. 9 VII. REVIEW DEVELOPMENT PROPOSAL FOR VACANT LOT ADJACENT TO 10 INDUSTRIAL CUSTOM PRODUCTS (2801 - 37TH AVENUE N.E.) 11 Executive Director Momson reported Ken Solie and Jerry Cowan are proposing 12 redevelopment of the property adjacent to Custom Industrial Products. The property is 13 currently part of the American Monarch building and the developer would request a 14 subdivision and may require some setback variances. They are proposing to construct a 30,000 square foot commercial facility that will service two tenants. One tenant is currently a tenant in St. Anthony who needs to relocate. The project is estimated to create 17 30 jobs. The facility would have a value of $1.2 million and a tax bill of $60,000.00 per 18 year, compared to the current taxes of $5,000.00. In a policy adopted last year, the City 19 can provide up to $10,000.00 in assistance for each $100,000.00 increase in value and 20 $5,000.00 for every job created or retained. In this situation the City could provide 21 $270,000.00 in assistance. Staff feels this project would benefit the community as well as 22 Apache Plaza. Mornson reported the City has $500,000.00 in the fund balance from 23 Chandler and Kenzie TIF district. Staff is suggesting if the City is willing to provide 24 assistance, they draw from this fund. The benefits of this are: (1) no bond sale; (2) no 25 TIF district created; (3) no LGA penalty; and (4) the City, School and County benefit 26 immediately. A public hearing would be required to amend the budget. 27 Mr. Ken Solie stated the proposed facility would contain 30,000 square feet. He noted 28 they had originally tried to duplicate the facade of the American Monarch building but 29 the design is out -dated. Therefore, they will be using a facade similar to the Main Event 30 building. A tenant approach will be used in the building. He stated they are aware of the 31 issues involved with drainage and intend to utilize the same engineer as used by Opus 32 Corporation at Apache Plaza. He stated soil conditions are a big concern. Soil borings 33 will be performed and determinations made at that time. A retaining wall will be 34 installed at the east end of the property. 0 Wagner asked if there was sufficient parking available for the facility. Housing and Redevelopment Authority Meeting Minutes •February 13, 1996 Page 3 Mr. Solie noted they would lease land from the railroad. He stated there is up to 75 feet available. 3 Mr. Jerry Cowan noted the property had been filled with concrete and old asphalt. Old 4 aerial maps show the site was almost level with the American Monarch building at one 5 time. Soil correction is expected to be very expensive. 6 Mayor Ranallo suggested the Mr. Cowan and Mr. Solie hold neighborhood meetings and 7 explain the project to the residents before presenting the proposal to the Planning 8 Commission. 9 Tom Thielen, President of Systec, stated his company was currently located by Happy's 10 Potato Chips and has been located in St. Anthony for 15 years. He stated they would like 11 to stay in the City of St. Anthony as the location is central with easy access from the 12 freeway and they like the neighborhood environment. He stated their current location is 13 7,500 square feet. Mr. Thielen explained his company does business internationally and 14 is primarily a firm of professionals, employing mostly engineers and technicians. He 15 stated he would like to relocate to the new facility in September or October of 1996. There was HRA consensus that this appeared to be a desirable project and members encouraged the developers to move forward. 19 VIII. OTHER BUSINESS - None. 20 IX. ADJOURNMENT. 21 Motion by Marks, second by Wagner to adjourn the meeting at 8:32 P.M. 22 Motion carried unanimously. 23 Respectfully submitted, 24 Lord Kopischke 25 TimeSaver Off Site Secretarial 0