HRA 04/18/1990 - 29608�
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HOIIBING AND REDEVELOPMENT AIITHORITY MEETING� APRIL 18, 1990
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CALL TO ORDER:
Chairperson Commers called the April 18, 1990, Housing and
Redevelopment Authority meeting to order at 6:38 p.m.
ROLL CALL•
Members Present:
Members Absent:
Larry Commers, Virginia Schnabel, John Meyer,
Duane Prairie, Walter Rasmussen
None
Others Present: Jock Robertson, Executive Director of HRA
William Burns, City Manager
Barbara Dacy, Planning Coordinator
Rick Pribyl, Finance Director
Dave Newman, HRA Attorney
Scott Erickson, UCD
Tom Schuette, UCD
Dave Koski, Barton-Aschman Associates
APPROVAL OF MARCH 8, 1990. HOUSING & REDEVELOPMENT AUTHORITY
MINUTES•
MOTION by Mr. Prairie, seconded by Mr. Rasmussen, to approve the
March 8, 1990, Housing & Redevelopment Authority minutes as
written.
IIPON A VOICE VOTE� ALL VOTING AYE, CHAIRPERSON COMMERB DECLARED
THE MOTION CARRIED IINANIMOIIBLY.
ACTION ITEMS:
1. REVISED UCD REDEVELOPMENT PROPOSAL FOR 10,000 AUTO PARTS SITE:
Mr. Robertson stated there are four components that need to be
reconsidered in a revised proposal by UCD:
1. Financing. UCD has revised their request back to pay-
as-you-go.
2. Questions of neighborhood compatibility were raised and
considered at the last HRA meeting. Some revisions have
been made on this.
�� HOIIBING � REDEVELOPMENT AIITHORITY MTG., APRIL 18, 1990 - PAGE 2
3. Traffic questions. A traffic study has been done which
staff believes answers the questions raised at the last
HRA meeting.
4. Timing. How will the proposal fit with the intersection
improvements and redevelopment of the southwest quadrant?
Financina
Mr. Robertson stated that with the demise of the 10,000 Auto Parts
Company and its lease, the developer has been able to return to the
original concept of financing as a pay-as-you-go grant, rather an
up-front grant upon substantial completion of the project. With
a pay-as-you-go grant, the grant comes only from the funds paid by
the development in property taxes. Essentially now, the developer
needs an extra $100,000 for the carrying costs for that $200,000.
It looks like it would be in the neighborhood of $300,000 for five
years or up to $315,000 for six years.
Mr. Robertson stated the $300,000 is very comparable--a little over
9% of the estimated construction costs--to the 8o the HRA approved
previously for Northco.
Mr. Rasmussen stated he wondered about the permanent financing and
�`� the construction financing. At what point does the developer
deliver a firm commitment on the permanent and the construction
financing?
Mr. Scott Erickson, UCD, stated they have started the construction
financing process now, and they hope to be able to deliver a letter
of commitment for the construction financing within 60-75 days.
That commitment will contain certain prerequisite requirements for
funding for closing, the primary one being a 70-75% preleasing
agreements with leases that are approved by the lending bank. The
lending bank does the same in-depth analysis on each of the lessees
UCD brings to the project.
Mr. Erickson stated the banks and savings and loans today apply a
lot more scrutiny to proposed projects and financing before they
will deliver a commitment. Approximately 40� of their project is
represented by a major national retailer, Walgreen. In addition
to the Walgreen Store, they will have to prelease an additional
7,000 sq. ft. in order to meet their funding commitment. They will
not get a commitment letter from the lending institution unless
they believe right up front that this is a viable project. At this
point in time, with their experience in the last couple of years
in the buildings they have financed and the individual who is
arranging the financing for them, their aonfidence level is very
high on this project.
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,�, HOIIBING & REDEVELOPMENT AIIT80RITY MTa., APRIL 18, 1990 - PAGE 3
4uestions of Neighborhood Compatibility
Mr. Robertson stated this concerned two topic areas:
(1) the relationship of the project to the proposed LRT
station at this intersection, particularly it was an intrusion
issue, in the possibility that homes might be taken in the
future by the Anoka County Rail Authority for a park and ride
station.
(2) the buffering and compatibility with the homes that are
immediately adjacent to the project. There are four homes to
the north across 66th Avenue and two homes to the east in
addition to the two homes on which the developer already has
purchase agreements.
Mr. Robertson stated Barbara Dacy, Planning Coordinator, has been
working on both these issues, and she is at the meeting to discuss
these with the HRA.
Ms. Dacy stated the developer has updated the site plan to
incorporate the comments to increase the buffering and screening
on the property. They have increased the setback 15 feet along
the north lot line along 66th Avenue, have reduced the number of
r"'� parking spaces on the site, have increased the front setback to 15
feet, and are still proposing a minimum 6 foot masonry wall in a
style consistent with the exterior of the proposed shopping center.
Ms. Dacy stated the developer conducted a second neighborhood
meeting the end of March. They tried to work with the neighbors
immediately abutting the area to the east and across the street on
66th Avenue to see what types of landscaping, vegetation, location
of fence, etc., the neighbors wanted. The developer is still in
the process of working with the homeowners.
Ms. Dacy stated the neighborhood continues to be concerned the
typical maintenance issues regarding the shopping center. The
neighborhood is used to seeing some litter and debris on the
existing property, and they are concerned that is going to
continue. In a case like this, in the Moore Lake Commons
agreement, the HRA required a maintenance agreement to keep the
landscaping healthy and keep the grounds clean, etc. Staff would
recommend the HRA implement the same maintenance agreement for this
project as a condition of approval.
Ms. Dacy stated that regarding the LRT issue, Anoka County is
continuing to look at the site as a"kiss and ride" versus a"park
and ride". Anoka County is continuing to refine their projections
for the demand of a��kiss and ride" versus a"park and ride" lot.
^ They have reviewed this revised site plan, because in deference to
the first site plan, the parking along Mississippi Street has been
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HOIISINa � REDEVELOPMENT AIITHORITY MTa., APRIL 18, 1990 PAaB 4
removed because those spaces were only 5 feet from the property
line which was in conflict with the City's setback requirements.
Ms. Dacy stated Anoka County has recommended that as a"kiss and
ride" if the LRT station is to be located here, they want to
reserve an easement along the front area so they would have the
ability to install additional parking spaces, when the LRT line is
constructed.
Ms. Dacy stated that summarized the neighborhood compatibility
issues. The other major issue the neighborhood is concerned about
it, of course, the traffic issue, and Mr. Robertson will address
that.
Mr. Meyer stated his objections or concerns on the property are
not confined only to traffic impacts. He is still not satisfied
that the HRA is analyzing this development as a needed and
desirable development for the City of Fridley. Again, this is a
philosophical point: To what extent should the HRA concern itself
with putting in another shopping center that is going to be in
competition with other centers that are gasping for financial life,
whether it be Holly Center, Moon Plaza, Rice Plaza, Skywood Mall.
Here is another development that would be using public monies. At
some point, the HRA should stop and take a look to see whether or
not this is something they should do regarding the City's long term
welfare.
Mr. Meyer stated he also thought there are going to be horrendous
traffic problems. If they create a major traffic nuisance, it not
only blights the intersection, but it also runs a fair chance of
blighting the economic development of this particular center.
Somewhere along the line, they have to reach beyond traffic impact
and immediate neighborhood compatibility and financing and look at
whether this is a proper project for public money.
Mr. Commers asked what the guidelines would be--the effect of
competition on similar retail spaces in the City of Fridley?
Mr. Meyer stated that could be. Competition in light of the
obviously depressed rental market in the City for this type of
center. There will be one major tenant, Walgreen, and then other
smaller shops, all of which could well be in direct competition
with other stores that are either struggling for existence or are
going out of business. So, competition in light of the rest of
the economic development in the City.
Mr. Robertson stated Mr. Nleyer raised these questions at the last
HRA meeting. Staff asked the developer to comment on these
questions, and the answers are contained on agenda page 1-E and 1-
F.
�.., HOIISING � REDEVELOPMENT AIITHORITY MTG.. APRIL 18, 1990 - PAGE 5
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Mr. Rasmussen stated that if this project is going to be financed
by a major bank or financial institution, a lot of Mr. Meyer's
questions will have been answered.
Mr. Prairie asked the developers if they could give the HRA some
examples of the types of businesses that might go into this
proposed center.
Mr. Tom Schuette, UCD, stated they know there will be a Walgreen
store. In addition to the Walgreen store, the shopping center will
be aimed at the neighborhood convenience type of retailer. They
have received interest from a variety of those use categories and
some will conflict or compete with like businesses in the City,
such as a pizza shop, hair salon, dry cleaning business, printing
business, etc. There will be 6-7 stores or shops.
Mr. Schuette stated there is retail on the corner of University
and Mississippi, but there has not been any new retail in a long
time. During the time that Moon Plaza, Rice Plaza, and Holly
Center have been in existence, Fridley has grown a great deal.
They are bringing 17,000 sq. ft. of new retail space in addition
to Walgreen. That is not a major amount af space. Holly Center
is about 75,000 sq. ft., and they are only adding about one-fourth
the size of Holly Center.
Mr. Schuette stated there is concern that redevelopment happen on
the southwest quadrant. He stated that when that happens, that
might require some existing businesses to need a new location.
So, it is possible that even if their center is built and the
southwest quadrant is developed, there could be a net loss in
retail space at the intersection, depending on how well it gets
developed.
Mr. Schuette stated there is also concern about the success of
Moore Lake Commons and the leasing status there. Moore Lake
Commons has made a lot of progress in terms of new shops; and in
talking with the leasing agent, the health club, which has 5,000
members already signed, will cause a lot of activity at that
intersection which will be a big boost for the retailers in Moore
Lake Commons. Another factor is that Moore Lake Commons is almost
two miles away from the 10, 000 Auto Parts site; and in terms of
convenience uses they have in mind for their center, the two
centers are far enough apart to provide certain use categories that
can be repeated at both locations.
Mr. Erickson stated they just learned that day that the TCBY
Corporation is interested in another shop at the 10,000 Auto Parts
location even though they have a shop in Moore Lake Commons. He
brought this up because it is a case in point where a geographic
�., distance and a different intersection provide a second opportunity
for this business in Fridley. A second example is the City
�, 80II8ING & REDEVELOPMENT AIITHORITY MTa.. APRIL 18, 1990 - PAGE 6
Municipal Liquor business which has two locations within the City
no more than two miles apart.
Ms. Schnabel asked if there is any difficulty in leasing space in
the new Moore Lake Commons East because of its close proximity to
Moore Lake Commons West (the old Shorewood Plaza). If there is a
problem, then that supports what Mr. Meyer is saying. If not, then
it supports what the developer is saying.
Mr. Robertson stated the old Shorewood Plaza is all leased except
for two bays, one of which was the hardware store which went out
of business after about six months.
Mr. Rasmussen stated that, again, whoever finances this project
will look very carefully at it from an economic standpoint.
Mr. Erickson stated that the newly vacated hardware store space is
at least 80 feet in depth. The spaces in the new Moore Lake
Commons building that are unleased are probably 55-65 feet in
depth. From his experience as a shopping center developer, the
larger businesses (liquor store, hardware store) cannot go into
60-65 ft. spaces. From the owners' perspective, they probably feel
the existing center is a positive force for marketing the new space
because of the amount of business the existing space already brings
�, to that property.
Ms. Schnabel asked about the occupancy rate for Holly Center.
Mr. Robertson stated Holly Center is all leased except for the
hardware store which recently went out of business. He asked Mr.
Erickson how he would characterize Holly Center as opposed to the
average occupancy in this area.
Mr. Erickson stated that in the class of strip centers, metro-wide,
the Twin Cities is running an average of 93-94� across the board.
The vacancy that has occurred at Holly Center was the Coast to
Coast Hardware Store, and he believed the entire chain of Coast to
Coast stores have folded nationwide. So, this was vacancy that
developed not because of the location or any inadequacy in the
center, but it was because an entire operation folded. He would
guess that within 90-120 days, Holly Center will identify 1-2 users
to reoccupy that space. From a shopping center developer's
perspective, he would consider Holly Center a very attractive and
viable center.
Mr. Meyer stated Mr. Rasmussen's point is well taken about a bank
or financial institution critiquing the worth of a project.
However, he would expect a bank to worry about the success of the
one project, not other businesses in the area.
�� Mr. Rasmussen stated he believed that when a bank analyzes a
project, they take a look at the entire impact. He has seen quite
r,�... HOUBINd � REDEVELOPMENT AIITHORITY MTG., APRIL 18, 1990 - PAGE 7
a few banks that are very concerned about the impact on the whole
neighborhood. They are doing this more and more.
Mr. Meyer stated he was glad to hear that. He stated there is a
Planning Commission and City Council that can address this kind of
issue as to whether a project should be pushed in the City. But,
the HRA has been given more of an opportunity to put something into
motion than either the Planning Commission or City Council, so the
HRA has a higher duty to worry about such things as what impact a
project has on the City. If it had not been for Old Country Buffet
and Snyders, he believed they would probably be seeing about a 50�
vacancy rate in Holly Center.
Mr. Meyer stated that from a very pragmatic standpoint, the HRA
might be getting into the landlord business if the HRA buys Rice
Plaza, and they better be very sure they have a shopping center
that is viable and brings in money and not encourage competition
across the intersection from them.
Mr. Meyer stated he is not convinced that anyone has done any real
thinking about this point. Do they have any business encouraging
the type of development that is going to be in direct competition
with other developments that are barely hanging on.
^ Mr. Commers stated one of the issues that comes with redevelopment
is that it will bring in competition to less desirable locations.
For example, any type of additional retail commercial space that
comes in has the ability to attract space away from the Moon Plaza
Shopping Center, which is part of the HRA's redevelopment plan,
although a lower priority. They have to look at it from the
perspective that they continuously try over a period of time to
upgrade properties and upgrade the City and hope that by the system
of competition the weaker, the less viable, businesses go out of
business and new ones replace them. It is kind of an ongoing
continuous circle. It may be idealistic and it might not always
work, but the intention is to upgrade the City.
Mr. Commers stated the 10,000 Auto Parts site is an eyesore right
now. He did not know what other development could go in there that
would be any different. This might not be the greatest project,but
it certainly is a nice project and fits the Center City
redevelopment which was commercial/retail on that space. The
realities are that the developer would not be putting in monies and
the bank would not be putting in monies if they did not think this
was a viable project.
Mr. Erickson stated the lending bank he has dealt with on his last
two projects, TCF, one of the things they base their decision
process on for a loan is an MAI appraisal of the project to see if
the finished product will warrant the bank's investment. That MIA
� appraisal takes into account the precise concerns raised by the
Mr. Meyer:
� HOIIBING & REDEVELOPMENT AIITHORITY MTa.. APRIL 18. 1990 - PAG� 8
1. What are the existing vacancies of the community?
2. What are the rent levels in the existing properties?
3. What are the lease-up prospects for the existing
vacancies?
4. How does all of the above affect the subject properties'
ability to get leased up at the necessary rate to support
the financing required?
Mr. Erickson stated that in its experience over the last five
years, lending institutions rely more and more heavily on these
appraisals. The appraisals over the last five years have changed
to focus more on conditions outside of the subject property,
because those definitely do affect the plight of new buildings.
If the appraisal does not come within the parameters that support
the guidelines that are set out by the bank's committee, they will
turn a project down.
Traffic Considerations
Mr. Robertson stated that one of the maj or issues raised at the
r—. last meeting was the question of how the traffic generated by the
proposed project would impact both the existing street system and
the proposed street system at the intersection of University and
Mississippi and, particularly, there were concerns about the left
turn pattern into the project on eastbound Mississippi.
Mr. Robertson stated the City contracted with Barton-Aschman
Associates to study this traffic generation issue and address each
of the questions raised by the HRA raised at the March meeting.
Mr. Dave Koski from Barton-Aschman is at the meeting to present the
results.
Mr. Robertson stated that what Barton-Aschman substantially found
was that: 1) the existing level of traffic is about level D, which
means there could be a maximum delay of up to 30 seconds for a stop
or a turn; 2) that the traffic generated by this proposed project,
given two critical worst case assumptions, will have little effect
on either the existing street pattern or the proposed improvement.
It will go from level D to level D+.
Mr. Dave Koski stated he is the Project Engineer who did the
traffic study. He stated Mr. Robertson summarized the study pretty
well. They wanted to test the worst case so they assumed and know
that the primary entry and exit movement into a center like this
occurs during the P.M. peak hour, 4:30 - 5:30 p.m. They are
^ finding the traffic into these retail centers is primarily from
people doing their shopping on their trip from work to home. They
looked at the P.M. peak hour on an average weekday. They surveyed
P'i'�,
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HOIISINQ & RED�VELOPMENT AIITHORITY MTG., APRIL 18, 1990 PAGE 9
a number of shopping centers of this size and larger. They know
what the entry and exit patterns are and the numbers. The
Institution of Traffic Engineers also gathers the results of
studies from around the country, and they publish a document that
lists the range of travel patterns for shopping centers for peak
hours, Saturdays, and Sundays, etc.
Mr. Roski stated they then calculated what they thought would be
the traffic generation and the entry and exit volumes for this
center. They also assumed that all that traffic would be new
traffic on Mississippi Street and at the intersection of University
and Mississippi. That is not the case. Probably about 50� of the
traffic that is entering and exiting this center is already on
Mississippi and University passing. But, they assumed it would be
100o new traffic. They also wanted to find out just what the
current level of traffic is on University and Mississippi. They
conducted a traffic count last week between the hours of 3:30 p.m.
- 6:30 p.m. and extracted from that the peak traffic period of
time. Their conclusion is that the traffic that will be entering
and exiting the shopping center would not have a significant impact
on the current traffic capacity and level of service and traffic
patterns they have at the intersection right now, with the existing
roadway configuration and the geometric design that exists right
now.
Mr. Roski stated the driveway entry into the site easterly on
Mississippi from University is back far enough so that the turning
movements into and out of the site are not going to influence the
capacity of the intersection. They specifically looked at the
back-up that occurs for westerly bound Mississippi and University
during peak hours. This is a theoretical calculation based on the
actual traffic movement done with a computer. The back-up showed
approximately 280 feet and the driveway is 350 feet, so the back-
up will not come past the driveway so the driveway will always be
open to either exiting traffic or eastbound Mississippi traffic
that wants to turn left into the site.
Mr. Koski stated that similarly the westbound Mississippi traffic
has enough gaps that the eastbound left-turn into the site can
occur at frequent enough intervals to not back up on eastbound
Mississippi traffic.
Mr. Koski stated they also looked at the impact on the intersection
at Mississippi and 5th Street. Their calculations show that the
project will not have an impact on traffic exiting east on
Mississippi from 5th Street.
Mr. Koski stated the overall conclusion is that with the existing
geometrics, the implementation of the development will operate
�,,,� satisfactorily and will not have a significant impact on the
traffic on Mississippi or the intersection of University and
Mississippi.
^ HOIISINt3 & REDEVELOPMENT AIITHORITY MTa., APRIL 18, 1990 - PAGE 10
Mr. Prairie asked about the improvement to Mississippi and the
added traffic lane.
Mr. Robertson stated the major conclusion from the traffic study
is that it is not crucial that the intersection be improved before
this development goes in. That is a very critical finding. Anoka
County could plan the improvements for 1991.
Mr. Commers stated Anoka County is not going to improve the east
side of Mississippi until they improve the west side.
Mr. Meyer stated he realized that this development is going to be
highly dependent upon peak hour traffic. However, it just seems
they will be doing a weaving across traffic--a right turn off
University eastbound onto Mississippi and then a left turn into
the site crossing the heavy westbound traffic on Mississippi. He
understands the computer analysis and the traffic counts, etc.,
but is there any way to measure what happens when cars are waiting
for the chance to get across the street to a very narrow entrance
with traffic coming out to go either eastbound or westbound on
Mississippi. How does this weaving across traffic upset the
waiting times, the stacking of cars? It just seemed that a
computer cannot measure these kinds of things. If they have a
�^, development that is highly dependent upon traffic where the traffic
is awkward or bad, it is a prescription for failure of the center.
That goes beyond traffic, but it is an important part of trying to
judge where the center might go.
Mr. Koski stated Mr. Meyer raised a good point. There is a rating
for traffic capacity and level of service (ranges from A-F).
Obviously, level D is less than perfect. It is considered a
satisfactory level of operation and really denotes something where
the traffic is clearing with each intersection cycle phase, but it
is also below C which is considered average. Level D really means
that everything is working fine, but that some kind of disturbance
(stalled vehicle, snow) can cause some periodic congestion for
awhile. When something like what Mr. Meyer described happens, that
can cause it to break down for a moment and cause some problems.
Obviously, when you put turning movements into and out of a
driveway, there is more conflict. However, from their study, their
conclusion is that there is enough time and distance to make the
whole operation satisfactory.
Mr. Roski stated traffic signal timing, along with the improvements
proposed by the County, will help the traffic situation a lot more.
Mr. Robertson stated that with the proposal, the driveway to the
site is moved about 75-100 feet further east away from the
� intersection and that definitely improves the level of service, no
matter what else happens on Mississippi.
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80II8ING & REDEVELOPMSNT AIIT80RITY MTa., APRIL 18, 1990 - PAGE il
Mr. Robertson stated staff also asked Barton-Aschman to give an
opinion on the worst case scenario; for example, a 200,000 sq. ft.
office building on the southwest quadrant. It is Mr. Koski's
opinion that it might require two left turn lanes on eastbound
Mississippi at the intersection. Mr. John Flora, Public Works
Director, said that could be handled with the existing lane
configuration. Mr. Robertson stated that made him more confident
that the project would not interfere with the HRA's options on the
southwest quadrant.
Mr. Robertson stated that, based on these findings, staff
recommends the HRA consider the following:
1. Approval of this specific development plan to the
Planning Commission for a public hearing for rezoning of
the parcel to S-2.
2. Concept approval for preparation of a $300,000
(approximate) pay-as-you-go redevelopment agreement to
be fine-tuned and brought back to the HRA at a later
meeting.
3. Recommend staff proceed with the process to give notice
for public hearing to expand the TIF district from the
existing 10,000 Auto Parts site to include the two
additional single family houses immediately to the east.
MOTION by Mr. Rasmussen, seconded by Ms. Schnabel, to:
1. Approve this specific development plan to the Planning
Commission for a public hearing for rezoning of the
parcel to S-2.
2. Give concept approval for preparation of a$300,000
(approximate) pay-as-you-go redevelopment agreement to
be fine-tuned and brought back to the HRA at a later
meeting.
3. Recommend staff proceed with the process to give notice
for public hearing to expand the TIF district from the
existing 10,000 Auto Parts site to include the two
additional single family houses immediately to the east.
IIPON A VOICE VOTE, FOIIR MEMBERB VOTING AYE, MEYER VOTING NAY,
CHAIRPERBON COMMERB DECLARED THE MOTION CARRIED BY A VOTE OF 4-1.
Mr. Commers stated the HRA is looking forward to working with UCD;
� however, he hoped the developers would keep in mind the issues and
concerns addressed by the HRA members. This is part of their
Center City project and it is important to the HRA.
� 80II8ING & REDEVELOPMENT AIITHORITY MTa.. APRIL 18, 1990 - PAGE 12
(Ms. Schnabel left the meeting at 7:50 p.m.)
2. CONTRACT WITH BARTON-ASCHMAN ASSOCIATES FOR TRAFFIC STUDY TO
BE PAID FOR BY UCD:
Mr. Robertson stated the traffic study has already been paid for
by UCD.
MOTION by Mr. Prairie, seconded by Mr. Rasmussen, to approve the
contract with Barton-Aschman Associates for a traffic study to be
paid for by UCD.
IIPON A VOICE VOTE, ALL VOTING AYE� CHAIRPER80N CO�RS DECLARED
THE MOTION CARRIED IINANIMOIIBLY.
3. CLAIMS (2000-2009):
MOTION by Mr. Rasmussen, seconded by Mr. Prairie, to approve the
check register as submitted.
IIPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERBON COMMERB DECLARED
THE MOTION CARRIED IINANIMOIIBLY.
i"^, INFORMATION ITEMS:
4. 57TH PLACE STATUS:
Mr. Robertson stated a signed agreement is imminent between the
MPCA and Ashland Oil. Staff has now proceeded to contact Winfield
Development to ask them for a prelease agreement with their anchor
tenant, Crosstown Bank. Apparently, Crosstown Bank is now in a
better to proceed than they were a year ago. Upon receiving and
verifying the surety of that prelease agreement, staff will look
at the outline of the development agreement presented to the HRA
in November 1988 and bring back a status report to the HRA. He
stated Dave Newman feels very strongly that staff should examine
the liability exposure on the ground contamination before
proceeding any further on acquisition of the site.
5. TCF AND SKYWOOD MALL IMPROVEMEPTTS:
Mr. Robertson stated staff and Councilmember Steve Billings met
with representatives of TCF and the receivers and bondholders for
Skywood Mall. They believe they have an outline of an agreement
whereby satisfactory traffic access can be achieved without any
further HRA participation. If no action is possible, the HRA might
be asked to consider doing some improvements which was part of the
original plan for that district. He stated staff will keep the HRA
�.
informed.
� HOIISING & REDEVELOPMENT AIITHORITY MTa.. APRIL 18, 1990 - PAGE 13
Mr. Burns stated that if the City does not get the cooperation from
the Skywood Mall-related participants in this discussion, including
Marquette Bank, the HRA might be asked to condemn the small strip
of land needed to construct the improvements. Hopefully, that will
not happen, but is something the HRA should be aware of.
6. COMMENTS ON PROPOSED 1990-91 OHJECTIVES AND ACTIVITIES:
Mr. Robertson stated that at the last meeting, he had submitted
the proposed objectives and activities and had asked for comments
from the HRA members. He stated he has received no comments.
Mr. Commers stated he did have one comment he would like to bring
up that can be discussed on the agenda at the next meeting. He
stated that at one time the HRA talked about some long range plans
which might address some of the issues Mr. Meyer has raised.
Mr. Robertson stated staff is updating the Comprehensive Plan this
year as part of the work program for 1990. Staff can give the HRA
members an outline of that Plan within a few months, so the HRA
members can see what will be covered and the general concept
direction in which they are moving.
ADJOURNMENT:
�"�
MOTION by Mr. Rasmussen, seconded by Mr. Prairie, to adjourn the
meeting. IIpon a voice vote, all votinq aye, Chairperson Commers
declared the April 18, 1990, Housinq and Redevelopment Authoritp
meetinq adjourned at 8:10 p.m.
Res ectfully s mitted,
���
Ly Saba
Recording Secretary
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