HomeMy WebLinkAboutHRA MINUTES 032419920 CITY OF ST. ANTHONY
3 HOUSING AND REDEVELOPMENT AUTHORITY
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5 MARCH 24, 1992
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8 1. CALL TO ORDER
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10 The Housing and Redevelopment Authority Meeting was called to
11 order by Chairperson Ranallo at 8:20 p.m.
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14 2. ROLL CALL
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16 Present: Chairperson, Ranallo and Commissioners Fleming and
17 Wagner
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19 Absent: Vice Chairperson Enrooth and Secretary/Treasurer
20 Marks
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22 Staff Present: Executive Director Burt and H.R.A. Attorney
23 Soth
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40 3. APPROVAL OF MARCH 24, 1992 H.R.A. AGENDA
28 Motion by Wagner, second by Fleming to approve the agenda for
29 the March 24, 1992 H.R.A. meeting as presented.
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32 Motion carried unanimously
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35 4. APPROVAL OF FEBRUARY 11, 1992 H.R.A. MEETING MINUTES
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37 Motion by Ranallo, second by Fleming to approve the minutes of
38 the February 11, 1992 H.R.A. meeting as presented and there
39 were no corrections.
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41 Motion carried unanimously
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44 5. PRESENTATION OF CLAIMS
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46 A. Dorsey & Whitney
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48 Motion by Wagner, second by Ranallo to approve payment in
49 the amount of $1,873.50 to Dorsey & Whitney law firm for
50 legal services rendered through January 31, 1992
regarding the Lang -Nelson Project.
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Motion carried unanimously
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H.R.A
MARCH
PAGE
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MEETING
24, 1992
B. American National Bank
Motion by Fleming, second by Wagner to approve payment in
the amount of $177.32 to American National Bank for fees
and expenses from August 21, 1991 to February 20, 1992
regarding the General Obligation Refunding Bonds.
Motion carried unanimously
A seven minute recess was taken so the published time for
openina of the Public Hearing could be complied with.
PUBLIC HEARING
A. Amendment to the Kenzie Terrace Redevelopment Plan
Chairperson Ranallo opened the Public Hearing at 8:31
p.m.
The Chairperson stated that the Public Hearing is to
consider the amendment to the Kenzie Terrace
Redevelopment Plan and the Tax Increment Financing Plan.
Mr. Brewer, representing the developer, Lang -Nelson,
stated his firm is supportive of the amendment.
Noting that only three members of the Housing and
Redevelopment Authority were present, the Exective
Director advised that comments can be taken at this
hearing and then it can be continued.
Chairperson Ranallo inquired how many votes were required
by the City Council to approve the amendment to the Plan.
The City Attorney thought it was three votes but he will
check this before the next Council Meeting where the
issue will be addressed.
Hennepin County Commissioner Makowske has indicated her
support for this amendment.
The Chairperson noted he had received a call from a
resident who requested an explanation of the $1,200 per
unit tax. He stated that since the $1,200 tax was applied
the Legislature has changed the formula for taxing
multiple dwellings and this tax could increase to $1,500
per unit.
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H.R.A. MEETING
MARCH 24, 1992
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Chairperson Ranallo noted that the goal is to have the Tax
Increment District phased out in ten years. He felt this could
happen even though actions of developers in the District may
impact this.
The Executive Director stated that originally the tax capacity
of the Lang -Nelson development was at 888. It presently is at
1128. He felt this was directly due to the State passing its
problems onto municipalities.
Commissioner Wagner inquired
demonstrated any concern with
regarding the Plan.
if the School District has
the action being proposed
Executive Director Burt responded he has contacted the School
District Superintendent who felt this action would have no
affect on the School District. It was noted that if the
District continued for twenty years the School District would
have no concerns.
Chairperson Ranallo felt the City has a choice to do nothing,
which would risk the rents of the units to be increased and
ultimately result in the rentals/sales becoming less
attractive. He also noted that LaNel could sell the
development to a less conscientious buyer and the entire
project could deteriorate.
Executive Director Burt stated that the easement in the
agreement must be more clearly defined.
Commissioner Wagner inquired if this amendment to the Plan
could impact on the other Districts in the City.
The Executive Director felt this was unlikely. He specifically
addressed the Meta property whose owner is still paying on
bonds and back taxes. He also noted that the parking situation
in that location needs to be cleared up.
The Chairperson recalled that originally all of the units were
to be sold and no rentals were considered.
Close of Public Hearing
Motion by Wagner, second by Fleming to close the Public
Hearing at 8:41 p.m.
Motion carried unanimously
H.R.A. MEETING
MARCH 24, 1992
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6 Consideration of H.R.A. Resolution No. 1992-002
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8 Motion by Fleming, second by Wagner to table further
9 consideration of Resolution No. 1992-002, being.a resolution
10 approving 1992 amendments to the Kenzie Terrace Redevelopment
11 Plan and the Kenzie Terrace Tax Increment Financing Plan and
12 requesting approval of the City Council and approving
13 execution of amendment to the Redevelopment Contract.
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15 Motion carried unanimously
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18 7. ADJOURNMENT
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20 Motion by Fleming, second by Wagner to adjourn the H.R.A.
21 Meeting at 8:45 p.m.
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Y3 Motion carried unanimously
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Respectfully submitted,
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29 Jo -Anne Student, H.R.A. Recording Secretary
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