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HomeMy WebLinkAboutHRA MINUTES 07281987:, • C STY O F S T_ ANTHONY HOU S S N G AND REDEVELOPMENT AUTHOR = TY M 2 NUTS S .7ULY 28, 3-987 1 The meeting was called to order by Chairman Sundland at 9:35 P.M. 2 Present for roll call: Sundland, Vice Chair Enrooth, Secretary/ 3 Treasurer Marks, and Commissioners Ranallo 4 and Makowske. 5 Also present: David Childs, Executive Director 6 William Soth, H.R.A. Attorney 7 Richard Krier of Development Advisory Services., 8 Consultant 9 JUNE 23, 1987 H.R.A. MINUTES 10 Motion by Ranallo, seconded by Marks to approve with the following 11 change: 12 Page 2, line 2: Substitute "expenses and lip to" for "and" 03 Motion carried unanimously. 14 CLAIMS 15 Motion by Ranallo, seconded by Enrooth to approve payments of $952.86 16 and $2,269.64 to Development Advisory Services for current services and 17 services on the Walbon Redevelopment project respectively, in 18 accordance with the billings included in the July 28, 1987 H.R.A. 19 agenda packet. 20 Motion carried unanimously. 21 Motion by Marks, seconded by Makowske to approve payments to Norwest 22 Bank of $17,937.50 for the debt service on the Walbon and Walker 23 redevelopment projects and $78,475.00 for debt service interest payment 24 on the Kenzie Terrace Phase III project bonds. 25 Motion carried unanimously. 26 Motion by Ranallo, seconded by Enrooth to approve payment of $2,035.00 27 to the Dorsey & Whitney law firm for legal services to the H.R.A. 28 during May, 1987. 29 Motion carried unanimously. -2- • 2 NEW BUSINESS [bili 5 The above document in connection with the completion of the Kenzington 6 had been reviewed by Mr. Soth, who had advised that if the H.R.A. was 7 satisfied that Phase I was completed, it could be executed by the 8 Chairman and Secretary. 9 Commissioner Makowske said she knew there was a handicapped person who 10 lived in one of the Kenzington condominiums who had indicated the need 11 for a handicapped access from the rear of the building as well as the 12 front entrance. Mr. Childs said he didn't know what leverage the 13 H.R.A. had because that access was probably not required by the 14 Building Codes. The Executive Director reported this item had been 15 discussed about ten months ago but would be glad to check it again if 16 the H.R.A. wanted him to do so. 17 H.R.A. Action 18 Motion by Marks, seconded by Ranallo to table action on the Certificate 19 of Completion for the Kenzington for further research by staff on 20 whether the project meets all handicapped access codes. 01 Motion carried unanimously. 22 H.R.A. to 23 Project. 24 The above document had been submitted by the H.R.A. Attorney for 25 execution if the City wanted the market value estimated for assessment 26 recorded. 27 H.R.A. Action 28 Motion by Marks, seconded by Ranallo to authorize the execution of the 29 $6,300,000 St. Anthony Nursing Home Revenue Bonds Assessment Agreement, 30 which had been submitted by the H.R.A. Attorney and included in the 31 July 28, 1987 H.R.A. agenda packet. 32 Motion carried unanimously. 33 Process for Selecting New Redeveloper for Phase III of Kenzie Terrace 34 Redevelopment Proiect Aareed to by H.R.A. 35 Mr. Krier reported he had encouraged four "quality redevelopers" to - 36 submit proposals for developing an acceptable housing project for the 37 final phase of the Project. Included were Lang/Nelson, who were 38 expected to come in with a proposal to develop 100 units of family and t9 100 units of elderly housing which would be phased over a period of 0 time; Walker/Stuart for -.a mixture of eldeily,'market rate, -and 1 -3- • 2 commercial; the P. J. Gaughan Corporation for a 50/50 combination of 3 elderly and general occupancy; and finally, the Sherman Boosallis 4 Corporation, who have indicated they had some real problems with 5 providing elderly housing, but who Mr. Krier expected to submit a 6 proposal nevertheless. 7 The consultant indicated that in his opinion, each of the prospective 8 developers had a very good track record in doing the type of project 9 St. Anthony wanted and all seemed to have the financial capability to 10 put such a project together. He said the schedule he was requesting 11 should result in everything being in place and ready to go in a month 12 and a half. Mr. Krier indicated he had requested each of the 13 developers have his proposal in his hands by August 10th to be 14 presented to the H.R.A. for acceptance at their August 11th meeting. 15 It was agreed that no formal presentations would be made at the August 16 llth meeting but it would rather be during a work session scheduled for 17 6:00 P.M., August 20th, when the proposals would be ranked by the 18 H.R.A. in order of preference. The developers who were not selected at 19 that work session would be advised that the City intended to work with 20 the first ranked company for a month and if all the H.R.A. requirements 21 had not been met and a Redeveloper Agreement not signed by the end of 22 the month, the other developers would be contacted in order of their 23 ranking to resubmit their proposals. 04 Mr. Soth suggested Mr. Krier advise the developers that they should 25 present the best proposal they could right at the outset because that 26 might well be the last opportunity they would be given to do the 27 project. 28 Mr. Krier reported his negotiations with the Minneapolis Community 29 Development Association related to that organization providing 30 financing for a low income large family townhouse rental project had 31 been delayed because of a death in the family of one of the MCDA staff 32 persons, but he was confident those talks would be resumed the 33 following day. 34 Mr. Krier said one of the criteria he told each prospective developer 35 would have to be addressed to do the project was that they would have 36 to work with St. Anthony to make a presentation of the project to the 37 adjacent St. Anthony residents as well as the nearby Minneapolis 38 residents. 39 Commissioner Ranallo said he thought it was essential to have Mr. 40 Childs be very involved in that presentation because of the spirit of 41 distrust which had evolved around the failure of the first developer to 42 provide a satisfactory project. 43 Other criteria which Mr. Krier perceived had to be met by the developer 44 the H.R.A. selected included: 4045 *financial capability to do the project; • 1 -4- 2 *expertise in doing a similar redevelopment project(s) and proof 3 of ability to work with the communities where those projects are 4 located; 5 *site plan to include architectural style and building elevations 6 which would fit into the neighborhood; 7 *major amount of brick on the building exteriors and 100% sprink- 8 ling of the structures; 9 *landscaping which would include the existing buffer of the site 10 with perhaps money put in escrow for replacement when whatever 11 greenery is there now, dies. 12 There was general recognition that all studies had indicted there was 13 just not a market for an all -elderly project and that general occupancy 14 would probably have to be included. There was also acknowledgement 15 that there was little the City could do to prevent the Kenzington 16 owners from renting the unsold condominiums in accordance with the 17 purchase agreements they had with the current unit owners. 18 The H.R.A. concurred that the decisions related to individual 19 interviews would not be made until after the H.R.A. had reviewed the 20 initial proposals, August 11th. • 21 ADJOURNMENT 22 Motion by Enrooth, seconded by Marks to adjourn the St. Anthony Housing 23 and Redevelopment Authority meeting at 10:10 P.M. 24 25 Respectfully submitted, 26 Helen Crowe, Secretary 27 :cjk • on carried unanimous