HomeMy WebLinkAboutHRA MINUTES 022219943
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
r
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
F- 1
LJ
CITY OF ST. ANTHONY
HOUSING AND REDEVELOPMENT AUTHORITYY MEETING
FEBRUARY 22, 1994
I. CALL TO ORDER
The HRA Meeting was called to order at 8:55 p.m. by
Chairperson Ranallo.
2. ROLL CALL
Commission Members Present: Chairperson Ranallo,
Secretary/Treasurer Marks and Commissioners Enrooth, Fleming
and Wagner
Staff Present: Executive Director Burt and Management
Assistant Bellefuil.
3. APPROVAL OF FEBRUARY 22, 1994 HRA MEETING AGENDA
Motion by Marks, second by Enrooth to approve the agenda for
the February 22, 1994 HRA Meeting with the following addition:
Discussion of house/property at 3112 Silver Lake Road
Motion carried unanimously
4. APPROVAL OF MINUTES OF THE JANUARY 25, 1994 HRA MEETING
Motion by Enrooth, second by Wagner to approve the minutes of
the January 25, 1994 HRA Meeting as presented.
Motion carried unanimously
5. PRESENTATION OF CLAIMS
Motion by Marks, second by Enrooth to approve the following
claims:
e
�JJ
�d
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
`19J
6tf
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
H.R.A MEETING
FEBRUARY 22, 1994
PAGE 2
A. City of St. Anthony General Fund
Payment in the amount of $23,121.59 to the General Fund of the
City of St. Anthony for the transfer of salaries and H.R.A.
payment for 1993.
B. American Bank
Payment in the amount of $346.50 to the American Bank for the
Issuance fee for the General Obligation Tax Increment
Refunding Bond.
Motion carried unanimously
6. NEW BUSINESS
A. Status of Property at 3112 Silver Lake Road
The Executive Director advised this property was purchased
last fall by Mr. & Mrs. Mercil. They presented their
construction and site plans to the Council previously. Since
that time their contractor has become ill and can no longer
continue with the project.
The Mercils have employed the services of another contractor.
The original plans were for a $100,000 rambler. They are now
for a $135,000 rambler. Both of these values did not include
the land.
The Development Agreement with the City required a home to be
built on this property with a minimum value of $100,000.
The newly -hired contractor will purchase the lot from the City
on a Contract for Deed. With this arrangement, the Mercils
will not have to take out a temporary note for the lot and
then go back for permanent, financing.
It is expected that construction will commence in about two
weeks.
The only change to the Development Agreement with this new
contractor is the sale of the parcel to the contractor rather
than to the Mercils.
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
is
H.R.A. Meeting
February 22, 1994
Page 3
The Commission discussed two other parcels which will be for sale
in the City. They are City -owned and are in the south end
redevelopment area.
The Chairperson suggested that the marketing of these lots be put
under the direction of the Finance Director. He felt this is a
prime time to sell.
The Executive Director advised these lots have received a lot of
interest from potential buyers since November. He suggested the
market to sell is very good at this time.
The development requirements for each of these lots is for a
minimum of a $130,000 rambler -style home with no outside storage.
Chairperson Ranallo suggested there be a minimum selling price of
$40,000 placed on each of the lots.
Motion was made and seconded to approve H.R.A. Resolution 1994-
001 authorizing the Chair and Executive Director to sign a
Development Agreement with Larry Beach Construction for the
property located at 3112 Silver Lake Road.
Motion was made and seconded to adjourn the meeting.
Respectfully submitted,
Jo -Anne Student
H.R.A. Secretary