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HomeMy WebLinkAboutHRA MINUTES 041419870 • ==Z TY O F' S T _ ANTHONY HOU S = N G AND REDEVELOPMENT AUTHOR = TY M = NUTE S APR=L 14 , 1.987 The meeting was called to order by Chairman Sundland at 9:35 P.M. Present for roll call: Sundland, Vice Chair Enrooth, Secretary/ Treasurer Marks, and Commissioners Ranallo and Makowske. Also present: David Childs, Executive Director William Soth, H.R.A. Attorney 7 AND MARCH 24, 1987 HOUSING AND REDEVELOPMENT I'll, Motion by Ranallo, seconded by Marks to approve both of the above with the following change in the March 10th minutes: Page 5, para. 6: Correct typo "Arkewll" in line 1. Motion carried unanimously. CLAIMS Motion by Ranallo, seconded by Marks to approve payments of $3,200 and $350 to O. J. Janski & Associates for real estate appraisal and inspection of the parcels remaining to be developed under Phases II and III of the Kenzie Terrace Redevelopment Project. Motion carried unanimously. Motion by Marks, seconded by Makowske to approve payment of $1,135.00 to the Dorsey law firm for services rendered to the H.R.A. during February, 1987. Mbtion carried unanimously. ect Copies of the H.R.A. Attorney's letters to the H.R.A. Executive Director and the Arkand legal representative advising that the termination would be considered at the April 14th H.R.A. meeting as well as the proposed resolution with which the termination would be affected had been included in the H.R.A. agenda. • The legal ramifications of tabling the termination were explored intensively with staff. Commissioner Makowske stated emphatically that she could not vote for tabling because she felt that the inevitable had dragged on too long already. -2 - Chairman Sundland said he thought the H.R.A. would be perceived as only keeping its options at the same time discussions were proceeding with another developer to do the project. Vice Chair Enrooth agreed that no developer would undertake the project until the market study the H.R.A. had ordered at their last meeting would be completed. Mr. Childs indicated Maxfield Research Group was doing the study and their proposal was to have the study done within 45 days but he was fairly certain he could get them to do it in 30 days. Mr. Soth reported that the Arkand attorney had told him they had met with Piper Jaffray, Inc. and had been told the investment house could place eight million dollars of the Multifamily Housing Bonds which would cover all the costs of the first half of the remaining phases. The H.R.A. Attorney said he could only recommend staying with Arkand for a very short time. Mr. Childs and several H.R.A. members reported their conversations with Bloomington Councilmember Neil Peterson, who was now working for Arkell Development and the Executive Director indicated he had met with Mr. Peterson the previous Friday about what his role in the development would be. is H.R.A. Action Motion by Marks, seconded by Ranallo to table the termination of Arkand Partnership as Redeveloper for Phases II and III of the Kenzie Terrace Redevelopment Project. Voting on the motion: Aye: Marks, Ranallo, and Sundland. Nay: Makowske and Enrooth. Motion to table carried. Consulting Sery Mr. Childs had provided copies of the proposal to do the above from Dick Krier of Development Advisory Services. The Executive Director reminded the H.R.A. members how well Mr. Krier had worked with developers at the outset of the project. He said what he only needed Mr. Krier to do would be to seek out developers and to put the developer's agreement package together. Commissioner Ranallo indicated he would certainly approve Mr. Krier's retention in that capacity even though he had been the consultant's biggest critic for being tardy in the past in • getting information to the H.R.A. for public hearings. 0 -3- Chairman Sundland recalled that Mr..Krier had predicted some of the pitfalls the H.R.A. had experienced with this project from the start. Mr. Childs indicated Mr. Krier would be working on an hourly rate and not a percentage this time around, which should be more cost effective. . H.R.A. Action Motion by Ranallo, seconded by Marks to retain Dick Krier of Development Advisory Services to work with the H.R.A. Executive Director to find a developer for Phases II and III of the Kenzie Terrace Redevelopment Project. Mr. Childs is further directed to call a special H.R.A. work session with Mr. Krier where the scope of his services and costs would be explored further. Motion carried unanimously. ADJOURNMENT Motion by Marks, seconded by Enrooth to adjourn the St. Anthony Housing and Redevelopment Authority meeting at 9:50 P.M. Motion carried unanimously. • Respectfully submitted, Helen Crowe, Secretary :cjk 40