HomeMy WebLinkAboutHRA MINUTES 05241983CITY OF ST. ANTHONY
HOUSING AND REDEVELOPMENT AUTHORITY MINUTES
May 24, 1983
Chairman Sundland called the meeting to order at 9:13 P.M.
Present for roll call: Sundland, Vice Chairman Letourneau, and
Commissioners Ranallo and Enrooth.
Absent: Marks.
Also present: David Childs, Executive Director; William Soth, Attorney;
Dick Krier of Westwood Planning & Engineering, Inc.,
Planning Consultant; and Stephen Yurick of Arkand Part-
nership, tentative Redevelopers of the Kenzie Terrace
Redevelopment Project.
Motion by Vice Chairman Letourneau and seconded by Commissioner Enrooth
to approve as submitted the minutes of the H.R.A. meeting held May 10,
1983.
Motion carried unanimously.
Copies of the Redevelopment Agreement to be signed by the Chairman and
Secretary/Treasurer had been distributed by Mr. Krier who had outlined
the provisions of that agreement in the letter which had been included
in the agenda packet. The Planning Consultant noted that the contract
had been signed by the parent company of Kraus -Anderson, Inc., which
he perceived would be more beneficial to the City than just having the
real estate subsidiary a partner. Mr. Soth indicated he had in his
possession the $100,000 Letter of Credit covering the first phase of
the project, but intends to see if he can persuade the bank to drop
the two paragraphs they added to the document because it would be
better for the City if these additions could be removed.
Mr. Krier reminded the H.R.A. members that the redeveloper would have
to submit another Letter of Credit for $300,000 before any land is
acquired for Phase 2 which would minimize the City's risk if the property
is acquired and not developed by Arkand. The Planning Consultant said
his firm would be negotiating with Mr. Saliterman to see if the land
in Phases 2 and 3 could be purchased as needed, but doubted the owner
would go along with that proposition.
Mr. Yurick told the Chairman his firm would be promoting Phase 2 sales
as soon as construction is started on the 134 units in Phase 1 and both
phases could be constructed concurrently if there is a market demand
for it.
Motion by Commissioner Ranallo and seconded by Vice Chairman Letourneau
to adopt the resolution which authorizes the execution of the Redevelop-
ment Agreement with the Arkand Partnership.
H.R.A. RESOLUTION 83-003
AUTHORIZING THE REDEVELOPMENT CONTRACT
Motion carried unanimously.
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Motion by Commissioner Enrooth and seconded by Chairman Sundland to
adopt the resolution which authorizes the H.R.A. Executive Director
to proceed with the acqusition for Phase 1.
H.R.A. RESOLUTION 83-004
AUTHORIZATION TO BEGIN ACQUISITION PHASE I
Motion carried unanimously.
The Manager asked whether the H.R.A. wanted to proceed with the next
phase of their contract with Mr. Krier; Commissioner Ranallo said he
perceives the Planning Consultant had done an excellent job in putting
the project together.
Motion by Commissioner Ranallo and seconded by Chairman Sundland to
proceed with Phase 3 of the H.R.A. contract with Westwood Planning
& Engineering, Inc. to retain Richard Krier, President, as Planning
Consultant for the St. Anthony Housing and Redevelopment Authority.
Motion carried unanimously.
Motion by Commissioner Ranallo and seconded by Commissioner Enrooth
to adjourn the meeting at 9:30 P.M.
Motion carried unanimously.
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ATTEST:
City Clerk
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Respectfully submitted,
Helen Crowe, Secretary
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