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HomeMy WebLinkAboutHRA MINUTES 072719934 0 CITY OF ST. ANTHONY 2 3 HOUSING AND REDEVELOPMENT AUTHORITY 4 5 JULY 27, 1993 6 7 8 1. CALL TO ORDER 9 10 The Housing and Redevelopment Authority meeting was called to 11 order by Chairperson Ranallo at 8:15 p.m. 12 13 2. ROLL CALL 14 15 Present: Chairperson Ranallo, Vice Chairperson Enrooth, 16 Secretary/Treasurer Marks and Commissioners Fleming and 17 Wagner. 18 19 Staff Present: Executive Director Burt and Management 20 Assistant Urbia 21 22 3. APPROVAL OF JULY 27, 1993 H.R.A. MEETING AGENDA 23 24 The agenda for the July 27, 1993 H.R.A. Meeting was approved 25 unanimously. 4. APPROVAL OF JUNE 8, 1993 H.R.A. MEETING MINUTES 28 29 The minutes of the June 8, 1993 H.R.A. Meeting were approved 30 unanimously with no corrections. 31 32 5. PRESENTATION OF CLAIMS 33 34 The following claims were approved unanimously: 35 36 A. Maier Stewart & Associates, Inc. 37 38 1. Payment in the amount of $87.42 to Maier Stewart & 39 Associates was approved for professional services 40 rendered from May 30 through June 26, 1993 41 regarding the 27th Avenue and Coolidge Street 42 relocation, the calculation of road alignments and 43 the preparation of easement description and 44 exhibits for property owners. 45 46 2. Payment in the amount of $1,859.25 to Maier Stewart 47 & Associates was approved for professional services 48 rendered from May 30 through June 26, 1993 49 regarding construction administration for the 27th 50 Avenue and Coolidge Street Improvements. r1 U the Norwest Bank for the paying agent fees for the General Obligation Tax Increment Bonds, Series B 28 12-1-85. 29 30 31 C. American Bank 32 33 Payment in the amount of $45,097.50 was approved for the 34 American Bank for the interest due on the General 35 Obligation Refunding Bonds. D. Dorsey & Whitney Law Firm Payment in the amount of $3,229.05 was approved to Dorsey & Whitney Law Firm for legal services rendered through May 31, 1993 regarding Rosie's Restaurant and the Good Luck Cafe properties. 45 2. Payment in the amount of $202.53 was approved to 46 Dorsey & iWhitney -Law Firm for legal services 47 rendered through May 31, 1993 regarding the Apache 48 Plaza Tax Increment Financing Project. 49 50 H.R.A. MEETING 2 JULY 27, 1993 3 PAGE 2 4 5 6 3. Payment in the amount of $1,333.19 to Maier Stewart 7 & Associates was approved for professional'services 8 rendered from April 25 through May 29, 1993 9 regarding construction administration for the 27th 10 Avenue and Coolidge Street Improvements. - 11 12 13 B. Norwest Bank 14 15 1. Payment in the amount of $200.00 was approved for 16 the Norwest Bank for the paying agent fees for the 17 General Obligation Tax Increment Bonds, Series A 6- 18 35. 19 20 2. Payment in the amount of $9,980.00 was approved for 21 the Norwest Bank for the debt service payment for 22 the General Obligation Tax Increment Bonds, Series 23 A 6-85. 24 25 3. Payment in the amount of $200.00 was approved for the Norwest Bank for the paying agent fees for the General Obligation Tax Increment Bonds, Series B 28 12-1-85. 29 30 31 C. American Bank 32 33 Payment in the amount of $45,097.50 was approved for the 34 American Bank for the interest due on the General 35 Obligation Refunding Bonds. D. Dorsey & Whitney Law Firm Payment in the amount of $3,229.05 was approved to Dorsey & Whitney Law Firm for legal services rendered through May 31, 1993 regarding Rosie's Restaurant and the Good Luck Cafe properties. 45 2. Payment in the amount of $202.53 was approved to 46 Dorsey & iWhitney -Law Firm for legal services 47 rendered through May 31, 1993 regarding the Apache 48 Plaza Tax Increment Financing Project. 49 50 H.R.A. MEETING JULY 27, 1993 PAGE 3 E. Lyle H. Naaell Company, Inc. 1. Payment in the amount of $1,500.00 was approved to the Lyle H. Nagell Company, Inc. for an appraisal review and update on Rosie's Restaurant at 2905 Kenzie Terrace. 2. Payment in the amount of $1,000.00 was approved to the Lyle H. Nagell Company, Inc. for an appraisal review and update on the Good Luck Cafe, 2600 Coolidge Street Northeast. F. Selair Payment in the amount of $11,507.00 was approved to Selair for earthwork performed at the Rosie's Restaurant and Good Luck Cafe sites. G. Norwest Investment Services, Inc. Payment in the amount of $25,932.00 was approved to Norwest Investment Services, Inc. to pay a portion of the costs for soil correction in the Tax Increment development of the Evergreen Townhomes. The excess increment totals $28,814.00. Ten percent of this amount, $2,881.40, is allowed for administrative expenses. 6. HELLICKSON AGREEMENT This matter is regarding the construction of an office building to house a dental practice. It is to be located at 3901 Silver Lake Road which is in a tax increment district. The Executive Director reviewed some of the items contained in the agreement and the accompanying resolution. Motion by Marks, second by Wagner to approve Resolution No. 1993-003 which is a resolution relating to redevelopment plan for Redevelopment Project Area 3 - Ramsey County; approving execution of redevelopment contract with R.A. Hellickson and issuance of limited revenue taxable tax increment bond.._ Motion carried unanimously • 1 H.R.A. MEETING 2 JULY 27, 1993 3 PAGE 4 4 5 66. ADJOURNMENT _ 7 8 Motion was made to adjourn the H.R.A. Meeting. 9 10 Motion carried unanimously 11 12 13 14 Respectfully submitted, 15 16 17 Jo -Anne Student, H.R.A. Recording Secretary 18 19 20 21 22 23 24 25 a 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49- 50