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HRA 03/14/1991 - 6360HOUSING -AND REDEVELOPMENT AUTHORITY NEETING,r THURSDAY, MARCH 14, 1991 7 :30 P.M. William Burns Executive Director of HRA CITY OF FRIDLEY A G E N D A HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, MARCH 14, 1991, 7:30 P.M. Location: City Council Chambers Fridley Municipal Center 6431 University Avenue N.E. CALL TO ORDER: ROLL CALL: WELCOME NEW COMMISSIONER, JIM McFARLAND APPROVAL OF MINUTES: February 14, 1991 ACTION ITEMS: WRITTEN CONTRACT WITH JIM CASSERLY. . . . . . . . . . . . 1 - 1B WRITTEN CONTRACT WITH VIRGIL HERRICK. . . . . . . . . . . 2 - 2B APPROVAL OF CONTRACT FOR APPRAISAL OF LAKE POINTE . . . . 3 - 3E APPROVE CONVEYANCE OF EASEMENT TO CITY OF FRIDLEY FOR MISSISSIPPI STREET IMPROVEMENTS. . . . . . 4 - 4B APPROVE AND AWARD BIDS FOR LAKE POINTE MAINTENANCE PROJECT . . . . . . . . . . . . . 5 - 5C ESTIMATES /CLAIMS . . . . . . . . . . . . . . . . . . . . . 6 - 6C UPDATE ON FRIDLEY TOWN SQUARE DEVELOPMENT AGREEMENT . . . 7 - 7D INFORMATION ITEMS: LETTERS TO ALL FOUR SCHOOL DISTRICTS REGARDING TIF TURNBACK . . . . . . . . . . . . . . . . . . 8 - 8C MEMORANDUM REGARDING RESPONSE TO SUH'S PROPOSAL . . . . . 9 - 9E MEMORANDUM REGARDING HRA PAYMENT TO T.C. FIELDS . . . . .10 - 10C MEMORANDUM FROM FINANCE DEPARTMENT REGARDING OUR USE OF FINANCIAL CONSULTANTS . . . . . . . . . . . . .11 LETTER ACCEPTING WALTER RASMUSSEN'S RESIGNATION . . . . .12 MEMORANDUM REGARDING AMOUNTS THAT MAY BE OWED TO WINFIELD . . . . . . . . . . . . . . . . .13 REPORT ON CONTACTS WITH ASHLAND OIL . . . . . . . . . . .14 - 14C Housing and Redevelopment Authority Agenda March 14, 1991, 7:30 p.m. Page 2 UPDATE REGARDING RICE PLAZA . . . . . . . . . . . . . . .15 UPDATE ON VARIOUS MEETINGS IN LAST MONTH. . . . . . . . .16 - 16C LRT PRELIMINARY COMMENTS : . . . . . . . . . . . . . . . .17 - 17I STATUS OF KIFFE AUTOMOTIVE . . . . . . . . . . . . . . . .18 OTHER BUSINESS ADJOURNMENT a 4 CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1991 CALL TO ORDER: Chairperson Commers called the February 14, 1991, Housing & Redevelopment Authority meeting to order at 7:40 p.m. ROLL CALL: Members Present: Larry Commers, Duane Prairie, John Meyer Members Absent: Virginia Schnabel, Walter Rasmussen Others Present: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director Jim Hoeft, HRA Attorney Rick Pribyl, Finance Director Paul Hansen, Accountant Dr. Dennis E. Rens, Independent School Dst. #14 Jai Suh, 6440 University Avenue NE, Fridley, MN 55432 George Borer, Attorney, 1200 Capital Centre, St. Paul, MN Bill Schatzlein, 4032 Grand Avenue South, Minneapolis, MN Doug Erickson, Fridley Focus APPROVAL OF JANUARY 10 1991 HOUSING & REDEVELOPMENT AUTHORITY MINUTES• MOTION by Mr. Prairie, seconded by Mr. Meyer, to approve the January 10, 1991, Housing & Redevelopment Authority minutes as written. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. ACTION ITEMS: 1. RECONSIDERATION OF TIF TURNBACK TO SCHOOLS Mr. Commers stated the HRA had received, with their agenda, a letter from Dr. Rens, Superintendent of Independent School District #14. Mr. Burns stated the City had received a formal request from Dr. Rens stating the loss of over $40,000 would mean the loss of 1.5 teaching positions at a time of financial need for the HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 2 School District. The School District did not anticipate the loss in the financial planning for this year. The turnback projected for School District #14 remains the same as 1990. There has been confusion about what is being turned back. All of the turnback money is money collected as the result of post -1979 school district referendum levels. The school district's turnback is based on a 2 mill levy approved in 1983 and a 2.5 mill levy approved in 1986. There are no additional levies since beginning the turnback program in 1988. Therefore, growth in turnback for the school district since 1988 has been due to property appreciation and new property placed on the tax rolls, not additional levies. Mr. Burns stated that at an earlier meeting the HRA expressed concern that the size of the turnback would continue to grow. At the last meeting, Mr. Burns returned figures to the HRA developed by the City Assessor showing the increases and decreases for various tax increment project areas. Using this information, between 1991 and 1992, they are going to realize a net increase of $266,513 of value, or it looks like a 20% revenue growth. If they apply the 20% figure to the 1991 potential turnback, it would rise to $322,800. After that, they think the TIF return will stabilize. The main reason for an anticipated jump in 1991 -92 is the value for the Moore Lake Racquet Club will come on line. Copies of the City Assessor's analysis of major projects were distributed. Mr. Commers stated, when looking at the budget preparation materials, he did not understand why there was money allocated to School District #14 from the Skywood /Johnson project. Mr. Hanson stated the Skywood /Johnson project is a noncontiguous tax increment finance district. Mr. Pribyl stated this was done when the district was approved as a noncontiguous tax increment district. There were two separate areas that were approved as part of one process. Mr. Prairie asked if Johnson Printing is also in School District #14. Mr. Johnson stated it is not. The Johnson Printing parcel is in School District #14, and the Skywood Mall parcel is in School District #13. Mr. Prairie asked if there is any way to separate these so it would not be so confusing. Mr. Pribyl stated, no, that is the way it was approved. Mr. Commers asked if the City collected the monies. s HOUSING & REDEVELOPMENT AUTHORITY MEETING FEB. 14 1991 PAGE 3 Mr. Pribyl stated the County collects the funds and separates the funds by a code. Each segment of a tax increment is assigned a code. The City has no internal allocation. Mr. Prairie asked if the Johnson parcel is going to be turned back. Mr. Pribyl stated it would be returned to the tax rolls for taxes payable in 1994. Mr. Prairie asked if, at that point, Tax Increment District #4 would consist solely of Skywood and if there would be no turnback to School District #14. Mr. Pribyl stated that all increment would then be returned to the tax rolls as that district terminates. Mr. Commers asked if the dollar amount is $19,955 a year. Mr. Pribyl stated Johnson's total tax increment payable in 1991 is $101,000. Mr. Commers stated that, of that amount, $19,955 would go to the school district as a refund. Mr. Hansen stated this is correct. Mr. Commers asked if, after 1993, this would no longer be part of the refund. Mr. Pribyl stated this is correct. The property will be back on the tax rolls. Mr. Prairie stated the school district would then end up with more. Mr. Pribyl stated this would likely happen. Mr. Commers asked if this matter had been returned to the HRA by the City Council. Mr. Burns stated that no action has yet been taken by the City Council, so this item was returned informally to the HRA. Mr. Prairie stated the HRA discussed this issue at their last meeting. What has generated the increase in amount from $66,000 to $268,000? He spoke with Mr. Jim Ferguson briefly and thought Mr. Ferguson was under the impression the funds are generated by levies. At that time, the HRA based some of their thinking on that. He felt the HRA should not take any money the school district rightfully has coming. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 4 Mr. Commers stated he thought, too, that the difference was due to the appreciation and not an additional levy. He thought this was clear. Dr. Rens, Superintendent of Schools, stated he was speaking on behalf of the Board of Education, that has indicated two concerns. The first is serious financial difficulty. In 1989 -90 and 1990 -91, the budget has been reduced each year. Their preliminary budget still has expenses over budget. They see this escalating because they see difficult times for the State. 1.5 teaching positions is a lot for our school district. Secondly, their dollars are from the tax levy passed by the school levy. They understand those have increased because the values in the district have increased. They are not increasing from last year's budget to this year's budget. There has been no change in the dollar amount that they put into their projections when they made decisions. He is concerned about the timing of the decision. The Board made financial decisions in the fall based on a given amount. If the HRA has a concern about the total amount being returned in the future, the School District's preference would be to return the full amount that affects the 1990 -91 budget so they can go ahead. The school district would have time to plan if it would impact 1992 -93 by July so decisions made have that considered. They were not aware of this until September and December. The Board is asking to reconsider for those reasons. Mr. Prairie stated the HRA originally moved the vote back eight months thinking it would help districts with their budgets. Now what they have to do is go back another six months. Mr. Commers stated the school district is asking for a 12- month lead time for budgets they are adopting for the next fiscal year. Dr. Rens stated, as an example, the Board of Education had to make a decision by August on a referendum issue. When they made that decision, they had $164,000 in projections over a four -year period of time. For that reason, they decided against the referendum. That is just one of many decisions when he put this together. Mr. Prairie asked if there is a way that this could be written up so this would be done early enough. Dr. Rens stated that under normal conditions that would be okay, but these are not normal financial times. 'e HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 5 Mr. Prairie stated the earlier the HRA has to look ahead the harder it is. If they know about the dates from the school districts, it would help. Have they heard from any other of the school districts? Mr. Burns stated the City has not heard from the other districts, nor have the districts heard from the City. Mr. Pribyl stated the districts are aware of the issue, but they may not be aware of the pending process. The districts are aware the HRA will be returning funds at some point in time. Dr. Rens stated the other districts are probably not aware of the change in amounts or are not affected. Mr. Meyer stated he is sympathetic to the position of the Board. The referendum decision was made late last summer not to go for it. The Board is depending on full amount from the HRA. At this time, he would favor changing our position with better understanding by both parties of what they can expect in the future. Mr. Prairie asked if the City could notify the school districts when this again comes up. Mr. Burns stated the City can do this. It is something that has been overlooked in the past. Other than School District #14, the City has not contacted the districts. Mr. Meyer stated the HRA concentrated on its own financial position and thought that the districts would not mind the decision made because it was not punitive. The HRA did not realize that the district was looking for more but they did discuss it. Dr. Rens stated the Board recognizes there is nothing punitive, and thanks the City for their support. Mr. Commers stated there is a difference in viewpoint as to those funds. He thought that there is a legitimate issue with respect to the planning and decision not to go forward with the school referendum, to that extent that weighs more heavily in favor of paying the school a refund but he thought that the HRA will have to address this so this will not happen again in the future. MOTION by Mr. Prairie, seconded by Mr. Meyer, to recommend to the City Council approval of a full refund of TIF turnbacks to the school districts for taxes payable in 1991, or approximately $268,000. HOUSING A REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991_ PAGE 6 UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON CONNERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 2. CONSIDERATION OF SUH REQUEST TO ACQUIRE PROPERTY: Mr. Commers referred to the memo dated February 7, 1991, from Mr. Burns regarding a meeting the City Manager had with Mr. and Mrs. Suh. Mr. Burns stated Mr. George Borer, attorney for Dr. and Mrs. Suh, would provide information for the HRA. Mr. Borer stated the property consists of a car wash, Burger King and shopping center. The first proposal would be for the HRA to purchase this property, similar to the purchases the HRA has made with similar properties. They felt this was the fair thing to do. Mr. Suh's property has been in this district since 1978. His ability to rent out the center is becoming more and more difficult for various reasons. The real estate market is one reason. Also, long term tenants do not want to rent because they have heard the property is in a redevelopment district. It is also his understanding that once there is acquisition, this property will be the last piece to be acquired. They are asking the HRA to consider purchasing their property as well. The placement in the district is becoming harmful to the Suhs. There is also refinancing coming up. They must decide what to do with the property and the decision must be made in a short time. Mr. Borer stated he and his client are present to ask if the HRA would consider moving forward with this property. The preference is that the HRA purchase the property; however, through discussions with staff, this is unlikely. With this being the last piece in the quadrant and a key piece, they would like to enter into negotiations with the HRA and consider terms. As an alternative, if this is not the appropriate time to purchase, could the property be released from the district in order to attract long term tenants? It is difficult to lease because prospective tenants fear condemnation. If the area is not going to be redeveloped in the near future, would the HRA provide a letter stating this so tenants can be attracted? He would like to see something happen so his client can move forward. They would like to see the HRA either purchase the property or allow the Suhs to do something to their property to make it attractive to long- term tenants. Mr. Meyer stated a possible scenario would be that even if the property is released from the district and improvements made, the HRA could later decide to take the property because they r t HOUSING S REDEVELOPMENT AUTHORITY MEETING. FEB. 14, 1991 PAGE 7 purchase the entire area. Why, under that scenario, would Mr. Borer's client be any better off? The property would still be in jeopardy. Would his client gain anything? Mr. Borer stated he is not certain if this would be better, but felt it would. The center is not going to attract top notch tenants with the threat of condemnation. It is certainly something that has been mentioned by tenants and leasing agents. He did not think staff is telling anyone this but the fact is that other property around them has been taken. Tenants do not want a five -year lease and then have to move. This hampers the ability to lease space. Burger King is likely to be lost from the site as well, which will be devastating to the site. He is willing to look at any alternative to make the site more marketable. Mr. Meyer stated he is trying to think of a way to take away the stigma, short of abandoning the district for the southwest quadrant. Mr. Borer stated tenants question moving in if the property is going to be condemned by the City in the near future. The agreement would be cleaner from their standpoint if they knew how long it would be there. Mr. Meyer felt Dr. and Mrs. Suh would be better served to sell to the HRA or lease back, but did not consider it a viable option to be released from the district. Mr. Borer stated selling is the preference. Basically, he and his client feel that if they must keep the property for ten years, how can they keep it in a state that is attractive. Their desire is to sell to the HRA. Mr. Commers asked when the owner would be refinancing. Dr. Suh stated at the end of this month, but he has a two to three month grace period to renegotiate. Mr. Borer did not think refinancing would be a problem, but they do need to make a decision about the property. Mr. Commers stated they had talked about agreements not to condemn or take the property for a period of time. Mr. Borer stated such an agreement would be shown to prospective tenants. Mr. Commers asked if the Burger King would default now since it is in bankruptcy. HOUSING i REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 8 Dr. Suh thought so, but has not received a formal letter. Mr. Commers stated, with the status, he would think it would also impact Mr. Suh's ability to do many things. Dr. Suh stated a developer may be talking to Burger King directly, but he is not sure. Mr. Commers stated this may even become a different franchise. Dr. Suh agreed that this could happen. Mr. Commers stated part of the issue is that, in terms of priority, this is not a priority for the HRA. The HRA has some difficult financial issues which need funding. There is some issue as to their ability to purchase if the HRA elected to do that. He asked the value of the property and what the HRA may be able to affect. Mr. Meyer suggested that staff sit down with the owner and explore scenarios, and report back to the HRA at the next meeting. Dr. Suh stated that, since the HRA is talking about financial difficulties, he would propose that if the HRA would decide to purchase the property, it could be done over a period of years. He did not need a lump sum right now. Mr. Borer stated they have talked about a sale lease back so the City would not end up as landlord over a period of years. Terms are open. Mr. Burns recommended that, since the City had just received Mr. Borer's letter that day, staff take an opportunity to review the letter and proposals. At this point, he did not see a need for staff to be directed to have further talks with the Suhs unless the HRA is contemplating buying the property. He would like to see if there are legal implications. If the Suhs have a proposal to make, there is no problem with accepting their proposal, but staff has not received a proposal. At this time, staff would evaluate any proposal received with an eye to the legal implications. Mr. Commers stated there is a timeframe here. The HRA needs to respond as promptly because of the refinancing questions. Staff was requested to review and check with legal counsel for implications, at least to the issues raised, and meet with the Suhs again to see if they have any suggestions or ideas. Dr. Suh asked if Mr. Burns needed numbers from him in a proposal. I e : HOUSING G REDEVELOPMENT AUTHORITY MEETING FEB. 14 1991 PAGE 9 Mr. Burns stated that, if they have a buyout plan in mind, the Suhs were welcome to submit it for consideration. Mr. Commers stated it may be a good idea so they can get a feel for what the Suhs are looking at. The HRA has done their budgeting for 1991 so that could be a problem for a short -term decision. In the meantime, the HRA will review the issue. If staff and the Suhs could talk in the next week or two, the HRA could provide an answer in the next month or so. Mr. Borer stated he thought the request to be removed by the district had a 30 -day limit to be referred to the Planning Commission. They would waive if that is the case. Mr. Burns stated he is not aware of such a restriction, but this would be referred to legal counsel. 3. CONSIDERATION OF CONTRACT FOR HOUSING REDEVELOPMENT CONSULTANT SERVICES• Ms. Dacy stated the purpose of the contract is to perform a preliminary market research study to determine the feasibility of a housing and redevelopment project in two areas. The first is the University Avenue Gateway area in the northeast corner of 57th Avenue and University extending up to 60th Avenue, which contains some older commercial properties which are now vacant; and second, the northeast corner of Rice Creek Road and Central Avenue, part of which is in a tax increment district. The City owns property adjacent to that area. The property in that area has been subject to several controversial requests, and both proposals were denied by the City Council. Ms. Dacy stated that in evaluating those two areas during the last year, staff felt that there were eligible sites for a housing project, and staff reviewed with the HRA some of our land use goals for both of those areas. Staff believes it is important to look at the market, determine the type of housing, the type of density, and what type of amenity package would be in the best interest of the City. Mr. Schatzlein would be expected to prepare a written report and present the findings to the HRA. The contract is an hourly contract up to maximum of $3,500 and staff would like the report completed by April 1, 1991. Mr. Schatzlein was present to answer questions. Information regarding Mr. Schatzlein Is company and references was included in the agenda. Staff recommends approval of the contract as presented. Mr. Commers asked what happened to the proposal for the Mochinski property. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991_ PAGE 10 Ms. Dacy stated the developer never formally applied for a land use application. Staff was told they were evaluating the site as a potential redevelopment area, but staff has not heard from them. Mr. Burns thought Mr'. Brickner was waiting for the City. Ms. Dacy stated the City is trying to determine what would be the most appropriate land use. Property owners strongly object to townhouse development and commercial development. Unfortunately, single family does not work in redevelopment. Mr. Commers asked if detached townhouses were constructed, what does the preliminary economic impact show? Is there enough there to do that kind of project? Ms. Dacy stated that they have to get the density of at least 12 -15 units per acre to get to a break even point. That may be unacceptable in a layout context. If the townhomes are rental, the tax increment is larger. However, she thought property owners will want an ownership situation rather than rental units. Another factor is to determine whether they want to acquire the commercial building in the immediate corner of the intersection. That skews the scale toward the negative side. Mr. Commers asked if it would be beneficial to have a study. He thought this is a zoning issue. It looks like density is needed to make it work, and wondered if the Planning Commission or City Council would approve a project that would meet the minimum criteria. Mr. Burns stated he thought it is too early to say. He thought there were some serious challenges here. There are three issues: 1. The market issue - What can be put there that will sell? 2. The cost issue - What can be put there that will produce enough increment to justify itself? 3. The political issue - What can be put there that will satisfy the neighbors? The Mochinski property is zoned C -2, Commercial, and it could be rezoned residential. Soil correction is needed particularly if a road is to be built. Another element is the Gray Star Building which, under ideal circumstances, should be purchased if that corner is to be developed. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 11 Mr. Commers asked what is being considered in the area of 57th and University. Mr. Burns stated staff did not know for sure. The City is looking at a mixed use project. There is approximately eight acres from 57th northward almost to 61st Avenue. The depth goes back to 4th Avenue. There are some residential properties that would also be involved, if it is decided that this would be a redevelopment area. Ms. Dacy stated this includes the former Holiday Station, McDonald's, Benjamin's, and Zantigo buildings, plus Frank's Used Cars across the street. Mr. Commers asked if a report done by April 1 would give some sense of what the economy will be. Mr. Burns stated there has been some preliminary analysis. He felt that the economies have already covered as best we can at this time. NOTION by Mr. Meyer, seconded by Mr. Prairie, to approve the contract as specified with Schatzlein Associates. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON CONNERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Schatzlein stated he is looking forward to the project and bringing an independent proposal to the HRA. His goal is to provide information to help make decisions in this area. He will be looking at it from the market approach. 4. CONSIDERATION OF ANOKA HRA REQUEST FOR PERMISSION TO OPERATE HOUSING PROGRAM: Mr. Burns stated he had been contacted by Rita Ander, City of Anoka HRA, requesting permission for them to a operate a program for the mentally disabled in the City of Fridley. Anoka's HRA has applied for a grant to subsidize rental payments in apartments for up to 20 individuals. The grant application would be more attractive if it was a multi -city project, and they have talked to Fridley, as well as Columbia Heights. Staff recommends the HRA let the Anoka HRA operate a program in Fridley, but that the Anoka HRA operate the program through the City's Section 8 Housing Coordinator. Mr. Commers stated it seemed to be a program that deserved a chance but he would be more comfortable if Fridley could control the program in the City. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 12 , Mr. Burns stated the role of the Section 8 Housing Coordinator would be to check out the apartment units and administer contracts with the owners. Mr. Commers stated there would not be a large number of persons involved. Mr. Burns stated the City would receive $15.00 per month per person. MOTION by Mr. Meyer, seconded by Mr. Prairie, to approve the request by the City of Anoka HRA to operate a program for the mentally disabled in the City of Fridley, with the amendment that it be administrated by the City's Section 8 Housing Coordinator. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON CONNERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 5. CONSIDERATION OF 1991 BUDGET: Mr. Burns stated he had adjusted the budget numbers based on the HRA's decision of turning back the full amount to the school district. He also amended the capital outlay to reflect taking out the grates for the Fridley Plaza area. MOTION by Mr. Prairie, seconded by Mr. Meyer, to approve the budget as amended. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 6. ESTIMATESICLAIMS: Mr. Pribyl presented Check Register #2094 through #2099 for consideration. Mr. Prairie asked if Check #2096 was the fee paid to analyze insurance. Mr. Pribyl stated this is the actual insurance coverage for the Rice Creek Plaza. This is the only one where the City actually goes out and solicits quotes. Mr. Commers asked Mr. Pribyl to provide a memo next month to explain how this works. Mr. Pribyl stated he would let them know the mechanics and process as they get into other insurance. .1 HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 13 Mr. Pribyl asked the HRA to note on a separate listing, Checks #2100 to #2105, in addition to the register they had received. These checks are listed on an additional handout. Mr. Commers stated it is hard to keep track of the agencies and who is doing what. Mr. Pribyl stated that in 1985, Casserly was a financial advisor /underwriter. He was later released and went out on his own, and is now consulting. Then the City was looking more toward Springstead. Now that he is operating independently, he does not have the same level of expertise available to him. There was some transition. In a memo to Mr. Burns, First Trust acts as a paying agent for the City's bond issues, while the consultants are Casserly and Springstead. Mr. Commers requested a description of each and their function. Mr. Prairie requested this memo also include a description of appraisers. MOTION by Mr. Meyer, seconded by Mr. Prairie, to accept Check Register #2094 through #2105. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. INFORMATION ITEMS: 7. UPDATE ON FIRST WESTERN DEVELOPMENT'S PROPOSAL: Ms. Dacy stated she had nothing more to report. The City Council will not decide on the variances until February 25. She has not received information on the soil correction. Mr. Meyer asked if the YMCA property is now sold. Ms. Dacy stated they entered into a purchase agreement. 8. UPDATE ON FRIDLEY TOWN SQUARE PROJECT: Ms. Dacy stated the City Council tabled this item, and the City Council will discuss at their February 25th meeting. Mr. Commers asked if there is a final resolution as to whether there needs to be another home taken along Mississippi. Mr. Burns stated this was discussed and rejected by the developer. The traffic study showed this is not necessary. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 14 9. RICE PLAZA UPDATE: Mr. Commers asked if they had approved the Cinnamon Tanning not paying rent. Ms. Dacy stated the original action was Mr. Burns, Mr. Kordiak, and she met and of issues with a number of tenants. release the balance of lease payments they would make lease payments on the payments will be made next month. made in November 1990. went through a number A motion was made to on T's Hair Plus, but tanning salon. Rent 10. REPORT ON TIF PROPOSALS FOR 1991 LEGISLATIVE SESSION: Mr. Burns stated that Mr. Casserly is not on the City's payroll as a lobbyist, but is working being done for MCVA. He does, however, have the City's best interests in mind. Mr. Burns referred to his memo of February 4 regarding 1991 TIF Legislation, in which he summarized the amendments. Of these, there are three proposals that the City would stand to benefit from: 1, 2, and 6. Realistically #1 and #6 have the greatest chance of being considered as part of a package of technical amendments that will be carried forward. Number 2 is regarded as a substantive change rather than a technical change and there may be some delay beyond the 1991 legislature. He stated it is important, but thought that the greatest chance of success will be with technical amendments rather than substantive amendments during this legislative session. Mr. Commers asked what the penalty was for hazardous housing conditions. Mr. Burns stated, to his understanding, in creating any new TIF district, the City would begin to lose LGA. The LGA penalties for the district are for beyond the fifth year. What cities are trying to do is eliminate that penalty for housing redevelopment districts. Item 6 refers to penalties and interest on delinquent properties. The City is hoping to have legislation passed so that the HRA would receive delinquent taxes rather the County. Mr. Commers asked if they could check with the surrounding counties to see where they on this issue. Mr. Pribyl stated legislation passed in 1989 made it a gray enough area so interpretation is legal. Whether Hennepin County uses, he did not know. M HOUSING A REDEVELOPMENT AUTHORITY MEETING FEB. 14 1991 PAGE 15 11. LETTER REGARDING TAX DELINQUENCY AT LAKE POINTE SITE: Ms. Dacy stated these are information items. Notices have been sent. 12. MEETING WITH LINVILLE PROPERTIES: Ms. Dacy stated that the property has not been established as a tax increment district. The information is offered for informational purposes. She has not heard from Linville Properties and will not pursue it until more information is submitted. Mr. Prairie asked if any other persons are proposing anything for that property. Ms. Dacy indicated they have a purchase agreement so it may be off the market. Over the past 6 -12 months, the City has received a number of calls. Mr. Burns stated that, if this issue arises, the HRA will need to decide if they want to spend excess funds to enhance out - of- district projects. 13. OTHER ITEMS• a. Resignation of Walter Rasmussen Mr. Commers stated Mr. Rasmussen has resigned for medical reasons, and he has asked staff to send a letter to acknowledge his resignation. Mr. Rasmussen has served faithfully for a long time. Mr. Burns sated staff will prepare a plaque for future recognition at a City Council meeting. Mr. Meyer requested that all the HRA members sign the letter. Mr. Burns stated he would write a letter and send it out for signatures. b. Rapid Oil Site Mr. Burns stated he has never received anything formally severing Winfield from the project. His understanding is that Mr. Robertson had received informal word that the principal person involved from that organization was no longer pushing the project. There were some financial commitments made. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 16 n Mr. Commers stated staff should check back in the minutes to see if it was completed. Mr. Burns stated he was not aware of commitments that were made by the HRA or City. Mr. Commers stated he thought a good faith deposit was made. Mr. Meyer stated the HRA should discuss this. Mr. Commers requested staff to review the minutes during the negotiations. ADJOURNMENT: MOTION by Mr. Meyer, seconded by Mr. Prairie, to adjourn the meeting. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE FEBRUARY 14, 1991, HOUSING & REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 9:20 P.M. Respectfully submitted, Lavonn Cooper Recording Secretary Y i [� Community Development Department D HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 8, 1991 TO: Housing and Redevelopment Authority FROM: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director SUBJECT: Lake Pointe Appraisal Attached is the proposed letter of agreement to hire Peter J. Patchin to appraise the Lake Pointe property. Mr. Patchin is very familiar with the Fridley area. He has recently completed appraisal work for Medtronic. The proposed contract amount is $5,700. We believe Mr. Patchin will prepare a thorough and detailed appraisal for the HRA. Staff recommends that the HRA approve the agreement as presented. BD:ls M -91 -164 3 FPOM : Peter J. Patchin & Associates MAR. 6.1991 4:23 PP1 QUALIFICATIONS OF PETER J. PATCHIN, AS APPRAISER P 4'6 A FARLY HISTO$Y Born in Minneapolis, Minnesota in 1934. Elementary and secondary educa- tion in Edina, Minnesota public schools. BUSINESS_ EXPERIENCE Cargill, Inc., Production Trainee, 1956 -57. U.S. Army Corps of Engineers, Topographic Mapping, 1957 -59. General Mills, Inc., Staff Engineer, 1959 -61. Patchin Appraisals, Inc., Staff Appraiser, 1961 -65. Vice President, 1965 -81. Peter J. Patchin & Associates, Inc., President, March, 1981 to present. EDUCATIONAL WORK Kansas State University, B.S. Degree, with honors, 1956. William Mitchell College of Law, 1977 -78 AIREA Courses IA-1, IA-2, 1B -11 lB -2, IS-3f 2 -11 2 -2, 2 -3, and 7, all passed during 19800 Litigation Course in 1985. Original AIREA course work passed 1964 through 1968. Currently attends two to three appraisal seminars per year, one to three days duration each. Standards of Professional Practice - 1988. PROFESSIONAL AFFILIATIONS Member, American Institute of Real Estate Appraisers (MAI) Senior Member, American Society of Appraisers Business Enterprise - Intangible Property Designations (ASA) Member, American Society of Real Estate Counselors (CRE) Affiliate Member, Minneapolis Board of Realtors Licensed Real Estate Appraiser - State of Nebraska PROFESSIONAL PUBLICATIONS "Gross Multiplier vs. Capitalization Ratest' - Valuation, November, 1971, Pages 88 - 95. "Depreciation Methods and Market Experience" - The Appraisal Journal, October, 1980, Pages 503 - 510. "Grain Elevators, Three Approaches To July, 1983, Pages 392 - 400. "Common Sense About Cash Equivalency" July, 1985, Pages 340 - 346. "Valuation of Contaminated Properties" January, 1988, Pages 7 - 16. Value" - The Appraisal Journal, - Theme raisal Journal, - The Appraisal Journal, "Market Discounts for Undivided Minority Interests in Real Estate" - Real Estate Issues, Vol. 13, Number 2, Fail /Winter 1988, Pages 14 -16. COURT EXPERIENCE Qualified in District Courts in Minnesota, Michigan, Montana, and New York Qualified in U.S. Tax Court, State of Minnesota Tax Court, Federal Court, District of Wisconsin Peter J. Patchin & Associates, Inc. FPOH : Peter J. Patchin & Associates MAR. 6.199 -1 4:24 PM P 5/6 3 -8 QUALIFICATIONS OF PETER J. PATCHIN (Continued) APPRAISAL EXPERIENCE Specializing in the appraisal of industrial, commercial and special purpose properties, primarily to estimate market value on land, buildings, machinery and equipment and intangible assets. Appraisal experience on various types of properties include the following: development lands, park lands, industrial river channel lands, utility easements, office buildings, warehouses, factory lofts, shopping centers, hotels, restaurants, service stations, apartment buildings, grain elevators, flour and feed mills, breweries, malt plants, food canneries, bakeries, dairies, bottling plants, schools, churches, hospitals, machine tools, graphic arts plants, iron foundries. Intangible asset experience includes leasehold interests, patents, trademarks, copyrights, mailing lists, goodwill, as well as the valua- tion of the entire business enterprise. APPRAISAL CLIENTS INCLUDE Aetna Life & Casualty Co. Bay state Milling Co. Burlington Northern, Inc. Cargill, Inc. Certain -teed, Corp. Control Data Corporation Farmland Industries, Inc. Garnac Grain Co. General Mills, Inc. International Multifoods, Inc. Jefferson Company K Mart Corporation Krause - Anderson Companies Louisana Highway Commission Medtronics, Inc. Metropolitan Airports Commission Minneapolis Community Development Agency Minnesota Department of Transportation Minnesota Housing Finance Agency Mennel Milling Company North Dakota State Tax Commission Northern States Power Company Pillsbury Company Ralston Purina Company Soo Line Railroad 3M Corporation U.S. Internal Revenue Service U.S. West, Inc. University of Minnesota *The American Institute of Real Estate Appraisers conducts a voluntary program of continuing education for its designated members. MAI's and RM's who meet the minimum standards of this program are awarded periodic educational certification. I am certified under this program through September 15, 1993. Peter J. Patehin & Ancelites, Inc. FPOM : Peter J. Patchin & Associates MAR. 6.1991 4:25 PM P 6/6 3 -C REFERENCES i Minneapolis Community Development Agency Suite 700, Midland Square Minneapolis, MN 55401 Contact: Mr. Don Hennessy or Paul Johnson 342 -1254 Minnesota Department of Transportation Room 517, 'transportation Building St. Paul, MN 55155 Contact: Mika Strapp 296 -8451 City of Shakopee 129 East l8t Avenue Shakopee, MM 55379 Contact: Dennis Kraft, City Manager 445 -3650 Cargill, Inc. P.O. Box 9300 Minneapolis, MN $5440 Contacts Joe Fournier 475 -7119 Control Data Corp. 8100 - 34th Avenue South Minneapolis, MN 55440 Contact: Pat Conway 653 -4950 Land O'Lakes, Inc. 4001 Lexington Avenue Arden Hills, MN 55440 -0116 Contact: Gary Swoverland 481 -2222 FPON : Peter J. Patchin & Associates MAR. 8.1991 11:59 AM P Z/7 Peter J. Patchin & Associates, Inc. Valuation Consultants (612) 895 -1205 101 Wept lhn- nsville Parkway, Suite 200, Burnsville, Minnesota 55337 I'AX (612) 895 -1521 March 7, 1991 City of Fridley HRA 6431 University Avenue N.E. Fridley, MN 55432 Attn: Ms. Barbara Dace RE: valuation Consulting and Appraisal Services Peter J. Patchin & Associates, Inc. 101 W. Burnsville Parkway, Ste. 200 Burnsville, Minnesota 55337 To whom it may concern: This letter is intended to be a memorandum of understanding con- cerning the engagement of Peter J. Patchin & Associates, Inc. for purpose of rendering valuation consultation and /or appraisal reports. It is understood by both parties that the nature of the assignment is as follows: Type of Property: 40 Acre Redevelopment Site Location: Northwest Corner 1 -694 and State Highway #65 Fridley, Minnesota Function of Appraisal/ Consultation: Sale to developer. Estimated Cost of Services Rendered: $5,700 for appraisal report; plus $125.00 per hour for time sub- sequent to delivery of appraisal report. Terms - Total amount due within 30 days following date of invoice, 1 -1/2% per month interest charges will be added to accounts not paid by that time. 3 -D e v FPCIN : Peter J. Patchin & Associates Retainer Fee - to be paid in advance of commencement of assignment: None Date: PJP:prj client Firm Name: Individual Responsible: Signature: MAR. 6. 1991 11:59 AM March 71 1991 P 3 %3 3 -C Sincerely, PETER J. PATCHIN & ASSOCIATES, INC. By: Peter J. Patchin, MAI, ASA, CRE President city of Fridley - MA Peter J. Patchin A Acsc eiates. Inc. ACTION ITEMS } r i a Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members FROM: William W. Burns, City Manager�,�t r DATE: March 7, 1991 SUBJECT: Agreement for Legal Services with Casserly, Molzahn & Associates, Inc. At the HRA budget session, you asked that we prepare a contract for legal services with Jim Casserly. I have prepared the attached agreement and plan to present it as a decision item at the HRA meeting on March 14, 1991. The agreement essentially defines Jim's services as they have been defined in past contracts, and establishes the fee at $90.00. This is the same fee identified in a contract submitted by Jim on December 1, 1988. We recommend your approval of this agreement. WWB:rsc Attachment 1 B AGREEMENT FOR LEGAL SERVICES BETWEEN THE FRIDLEY ROUSING AND REDEVELOPMENT AUTHORITY (HRA) AND CASSERLY, MOLZAHN & ASSOCIATES, INC. 1. Term of the Agreement: April 1, 1991, through December 31, 1992. 2. Duties and Responsibilities of Casserly, Molzahn & Associates, nc.: A. Analyze subsidies requested by developers or offered by the City, including: i. Tax increment analysis; ii. Internal rate of return analysis; and, iii. Pro forma cash flow and balance sheet analysis. B. Assist with any tax increment work, including the following: i. Modify the redevelopment project area; ii. Establish the tax increment district and the tax increment finance plan, including impact analyses; iii. Prepare resolutions adopting the above; iv. Prepare notices of public hearings; v. Attend public hearings to provide support and background; vi. Prepare letters and notices for the School and County Boards; and, vii. Prepare letters requesting certifications and filing documents with the appropriate jurisdictions. C. Assist in the negotiation and preparation of contracts for private development, assessment agreements, special assessment agreements, interest rate reduction programs, revenue notes, and other contractual arrangements between the Fridley HRA and the developer. D. Assist with any debt issuance, including recommendations as to the size, maturity, form and sale of debt as they relate to project analysis. E. Assist with policy analysis and with the review and updating of the tax increment districts. 1 -A 3. Compensation: A. Compensation shall be at the rate of Ninety and 00 /100 Dollars ($90.00) per hour. B. Casserly, Molzahn & Associates, Inc., shall submit an itemized statement that clearly accounts for the hours of service provided by Casserly, Molzahn & Associates, Inc. 5. Other Reimbursements: A. Casserly, Molzahn & Associates, Inc., shall be reimbursed for long distance calls and delivery services, as well as for any filing fees that it incurs on behalf of the Fridley HRA. All other expenses will be included as part of the $90.00 per hour compensation rate. Agreed and entered into this day of March, 1991. CASSERLY, MOLZAHN & ASSOCIATES, INC. By James R. Casserly FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY By Lawrence R. Commers Chairman By William W. Burns Executive Director of HRA 2 1 -B �I �I r � Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members FROM: William W. Burns, City Manager r,P� DATE: March 7, 1991 SUBJECT: Agreement for Legal Services with Herrick & Newman In addition to preparing an agreement for the legal services of Casserly, Molzahn & Associates, Inc., I have also prepared a contract for the legal services to be provided by the law firm of Herrick & Newman. In order to determine the hourly rate, we reviewed a list of hourly rates charged by municipal attorneys in various metropolitan area cities. Based upon our review, I am satisfied that $85.00 per hour is an average hourly rate, and that this is a fair and equitable increase over the $65.00 per hour rate that Herrick & Newman is now receiving. We recommend your approval of this agreement. WWB:rsc Attachment 2 2 -A AGREEMENT FOR LEGAL SERVICES BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY AND HERRICK & NEWMAN LAW FIRM FOR CITY ATTORNEY SERVICES 1. HRA Attorney Appointment: The law firm of Herrick & Newman is appointed attorney for the City of Fridley Housing and Redevelopment Authority (hereinafter "HRA"). 2. Term of the Agreement: March 1, 1991, through December 31, 1992. 3. Duties and Responsibilities of the HRA Attorney: A. Attend monthly HRA meetings. B. Advise staff on all legal questions pertaining to the work of the HRA. C. Attend other meetings pertaining to economic development or redevelopment projects upon the request of the City Manager. D. Review contracts and agreements upon the request of the City Manager. E. Perform title work, represent the HRA in property acquisitions and condemnations, and in the sale of property. Perform other work related to the acquisition or sale of HRA property. F. Represent the HRA in other litigation. 4. Compensation: A. The HRA attorney for the City of Fridley shall be compensated at the rate of $85.00 per hour. B. The HRA attorney shall submit an itemized statement that clearly accounts for the hours of service provided by the HRA attorney. 5. Other Reimbursements: A. Expense advances for recording of deeds, filing fees, charges for documents, and other expenses related to the processing of litigation and property acquisition or sale shall be subject to reimbursement by the City to the HRA attorney. B. All other expenses, such as dues, subscriptions, telephone publications, secretarial services and overhead, etc., associated with the performance of legal services shall be the responsibility of the HRA attorney. Agreed and entered into this day of March, 1991. 2 HERRICK & NEWMAN Law Firm By Virgil C. Herrick FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY By Lawrence R. Commers Chairman By William W. Burns Executive Director 2 -B :r [� Community Development Department i HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 6, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Consider Approval of Conveyance of Easement to City of Fridley for Mississippi Street Improve- ments on Rice Plaza Property The Public Works Department has submitted to my office the attached easement which conveys to the City of Fridley a 40 foot street, utility, bikeway, walkway, landscaping, and street lighting easement for the Mississippi Street improvements. Anoka County has already received easements for the liquor store property and the Kiffe Automotive property. As you are aware, an easement will also be necessary after acquisition of the Dairy Queen property. Staff recommends that the HRA authorize conveyance of the attached easement. For your information, we have not received a final schedule from Anoka County as to construction;'however, we anticipate bids will be taken in June and July with construction beginning in August. John Flora and I will be conducting a property owner meeting prior to the construction start to make owners and shopping center tenants aware of the proposed improvements. BD: Is M -91 -155 4 Easement Corporations) to Corporation(s) No delinquent taxes and transfer entered; Certificate of Real Estate Value ( ) filed i ( ) not required Certificate of Real Estate Value No. 19 County Auditor by Deputy STATE DEED TAX DUE HEREON: $ Date , 19 FOR VALUABLE CONSIDERATION, The Fridley Housing and Redevelopment Authority. Minnesota, Grantor, a public body and Corporate politic under the laws of Minnesota, hereby conveys an easement to The City of Fridley. Minnesota, Grantee, a public body and Corporate politic under the laws of Minnesota, real property in Anoka County, Minnesota, described as follows: See Exhibit A The City of Fridley hereby accepts this easement for the above mentioned purposes. Shirley A. Haapala - City Clerk Subject to reservations, restrictions and easements of record, if any, together with all hereditaments and appurtenances belonging thereto, subject to the following exceptions: FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY BY: Lawrence R. Commers Its Chairman BY: William W. Burns Its Executive Director STATE OF MINNESOTA ) )ss County of ) The foregoing instrument was acknowledged before me this day of , 1991, by Lawrence R Commers and William W. Burns, the Chairman and the Executive Director of The Fridley Housing and Redevelopment Authority. Minnesota, a public body and Corporate politic under the laws of Minnesota on behalf of the Fridley Housing and Redevelopment Authority. Signature of Person Taking Acknowledgement Title Tax Statements for the real property described in this instrument should be sent to: THIS INSTRUMENT WAS DRAFTED BY: City of Fridley 6431 University Ave., N.E. Fridley, MN 55432 I� 4+ 11 11ghtln °t street a�rBrT A All that easement d SC ibe bikeway MinnesOtaPa hl h �t I E d as follows: way' landsca 2og1nning at lies northerl' Sylvan P1nq and street lls 40 sterly to the ly not °n the we y Of the Plat 7, Ano ka terminc southerly o n the a °r'thweslt °t line o following desCribed 1 �eY, g• f the asterl °rner f said N °rtheast Cow 11 Of o f said Ott.1 distant Of said d Lot 1 thence Lot 1 and there a° 0 Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: February 28, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Award for Bid for Lake Pointe Maintenance Project #218 The HRA, in the 1991 budget, authorized $36,500.00 for the maintenance service to mow and fertilize the grass at Lake Pointe and $7,500.00 for tree /fertilizer maintenance. The bids for this project were received Wednesday, February 27, 1991, and the lowest bidder was Greenmasters Industries, Inc., with a bid of $27,680.00 for both maintenance projects. Greenmasters Industries, Inc., bid $25;540.00 for the grass mowing and fertilizer project, $965.00 for tree pruning, and $1,175.00 for tree fertilization. Greenmasters Industries, Inc., originally had the contract for the maintenance of the site in 1987. Talberg Lawn & Landscape had the contract for the last two years. Jon Thompson from the Engineering Department reports that he is satisfied with Greenmasters' personnel and equipment. Jon Thompson recommends, and I concur, that the HRA should award the bid to Greenmasters Industries, Inc., at $27,680.00. BD:ls M -91 -148 Engineering Sewer Water Parks Streets Maintenance MEMORANDUM TO: Barbara Dacy, Community Development Director PW91 -63 FROM: Jon Thompson, Construction Inspector DATE: February 27, 1991 SUBJECT: Lake Pointe Development Maintenance Project No. 218 Bids were received for Lake Pointe Development Maintenance Project No. 218 on Wednesday, February 27, 1991, at 10:30 a.m. The low bidder was Greenmasters Industries Inc. with a bid of $27,680.00. This included the Base Bid plus Alternates A and B. Attached is a summary sheet showing the plan holders and bid amounts. Please have the HRA approve the contract award to Greenmasters Industries Inc. for $27,680.00 at the March 14, 1991, HRA meeting. JT /kn Attachment 5 -A r' I • rIL- °o °o 0 o to o o ao 0 Go A w qw 00► iinn coo goo N r1 c'1 rf t'1 (1 pry H O O O O r- O 1n O O O d' O • � O O O c'1 In ri m o to w M zm rl r1 C co M E W V). 0 M 00 00 00 00 00 a N rxi r°•i � to o 0 0 � o a o�i v o v N �O ra H Z F� N N N N iii r-1 ri f/i V? Or N yr {? 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DATE 03107/91 CITY OF FRIDLEY - HRA PROGRAM P008 CHECK REGISTER CHECK RUN BATCH # :O002 002 HRA VENDOR DISC:. JOB DESCRIPTION INV # PO /INV # SECI # PCNT AMOUNT ACCT NUMBER NMBR MESSAGES 2100 CHECK- PREPAID A00040 ANOKA COUNTY TREASURER CREATE SEL OF TIF PARCELS 00394 -01 52UZGLO.O(►40 54.00 DR460- 202100 ACCOLWTS PAYABLE 54.00 CR460 -10100 CASH TOTAL VENDOR +ff# E 54.00 2101 C}fCK- PREPAID #�¢ 0:00044 CASSERLY LAW OFFICE JAN LEGAL SERVICES O0395-01 921JZ4SO.(W 155.00 DR45C► -20200 ACCOUNTS PAYABLE 135.(() CR4,90 -10100 CASH _IAN LEGAL SERVICES (W-M-02 52UZSB0,0000 697.50 DR455 -20200 ACCOUNTS PAYABLE 697.50 0(4.5.5 -10100 CASH JAN LEGAL SERVICES 00395 -03 52UZB60,0( i() 1,390,50 DR460- 202((► ACCOUNTS PAYABLE 1,'390.50 CR460 -10100 CASH TOTAL VENDOR * #f 2,223.(K) 2102 rECK- PREPAID F00072 FIRST TRUST AGENT FEES / EXPENSES 00396 -01 52UZ400.00() 758.79 ItR, - 21()200 ACCOUNTS PAYABLE 75.'3,79 (RW- 101(k) CASH TOTAL VENDOR $ 758.79 2103 CHECK- PREPAID F00023 FRIDLEY, CITY OF 19" EXPENSE'S' (K),197 -05 52UZ570.0000 277.61 DR450 -20200 ACCOUNTS PAYABLE 277.61 0#(450 -10100 CASH 1990 EXPENSES ((►:397 -06 521.177:!(). ()t o 121.75 ORM -20200 D(rN INTO 08VS ! r 121.75 CR450 -10100 CASH 1990 EXPENSES (►4M -07 52UZ7M0.0((ui 410.(10 DR456- 202(X) ACCOUNTS PAYABLE 410.00 CR450 -10100 CASH 199() EXPENSES ((►.47 -02 52UZAPO.((ni0 32,55 DR460- 202(() ACCOINT3 PAYABLE 3'2.55 CR460 -10100 CASH 4TH OTR ADMINISTRATIVE BI M- 2397 -01 521IZC#}(i,(()() 37,451,75 UR460- 202(() ACCOUNTS PAYABLE 37,451.75 CR460 -10100 CASH 1990 EXPENSES 110397 -03 52LIZDLO.((k)() 3.07 DR460 -20200 ACCOUNTS PAYABLE 3.07 CR460 -10100 CASH 15990 EXPENSE; (03`77 -04 52UZGDO.0(jtj() 144.27 [IM -1- 202((► ACCOl.INTS PAYABLE 144.27 CR460- 101() CASH TOTAL VENDOR _8,441.60 2104¢( CHECK- PREPAID t¢ F00023 FRIDLEY, CITY OF IAN EXPENSES 00398 -05 92UZ790. ((i(► 30.75 DR450- 202() ACCOUINTS PAYABLE 30,75 CR450 -10100 CASH JAN EXPef-ES 0039R -06 5210Y0,000(► 7.06 DR455 -20200 ACCOUNT^ PAYABLE 7.06 MM -10100 CASH JAN ADMINISTRATIVE BILLIN 00398 -01 921JZCYO.t -K) 13,108.12 DR460 -20200 ACCOLINTS PAYABLE 13,108.12 CR460 -10100 CASH JAN EXPENES tj(r,MR -()2 52UZU5(►.(ij(() 30.00 DR46(r20200 ACTaINTS PAYABLE 30.00 CR460 -10100 CASH JAN EXPENSES ((►398 -03 52►_IZE20, (.YKK) 29.43 DR460- 11(12(() ACC(UNTS PAYABLE 29.43 CR460 -10100 CASH PACE 1 0 .DATE 61/07/'?1 CITY OF FRIDLEY - HRA PAGE 2 PROGRAM SRAM PCn 1Y CHECII RUN' BATCH # :0002 DE,s3C-RIPTION .IAN EXPENSES JAN EXPENSES VENDOR INV # PO/INV # 00393 -04 CHECK REGISTER 002 HRA DISC. SEQ # Pr-'NT AMOUNT ACCT NUMBER 52lUZFFO.0000 99.00 DR460 -20200 00393 -07 5.OJZFNO.0000 **** TOTAL VENDOR $ 21051 CHECK- PREPAID 210113 SHENEHON- GOODLUND- TAYLOR. INC. LETTER OF OPINION (K099 -01 52U16WO.0000 MR TOTAL VENDOR $ 2106 # CHECK- PREPAID +*1* B0 0176 BRIGGS AND Ml--RGAN PROF. ASSOC:. LEGAL SERVICE -TAX INC: /SCH 00400 -01 5'2UZAYO.0000 ¢mot TOTAL VENDOR # # $ C00044 C:ASSERLY LAW OFFICE FEB LEGAL SERVICES 00401 -01 52UZ4ZO.0(.00 FEB LEGAL SSERVICES 00401 -02 5211ZE 0.0000 FEB LEGAL SERVICES 00401 -03 52UZ8H0.0000 FEB LEGAL SERVICES 00401 -04 92UZCHO.O000 TOTAL VENDOR $ 99.00 CR460- 1010() 250,00 DR460- 202(x, 250.00 CR460 -10100 13,554,36 300.00 DR450 -20200 800.00 CR450 -10100 800.00 96.75 DR460- 2(12[10 96.75 CR46(r10100 96.75 495.00 DR450 -20200 495.00 04.40 -10100 22.50 DR451 -20200 'y2.50 CR451- 10100 1,215.() DR455 -20200 1,215.[10 CR455 -10100 1,201.75 IR460 -20200 1,201.75 CR460 -10100 2,934.25 JOB NMBR MESSAGES ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH ACCOUNTS PAYABLE CASH 210:3 * * ** CHECK-F'REPAID E(KKQ.2 ERNST ASSOCIATES MAINTENANCE FOR TREES /SHR 00402 -01 52!IZADO.0000 65.00 DR455- 2(1200 ACCOUNTS PAYABLE 65.00 CR45295 -1Of00 CASH TOTAL VENDOR `1 65.() 2109 CHECK- PREPAID # F00023 FRIDLEY, CITY OF FEB EXPENSES, (10403 -04 52UZ5FO.0000 172.6`5 DR450 -20200 ACCOUNTS PAYABLE 172.65 CR450 -10100 CASH FEB EXPENSES 00403 -05 52UZ7FO.0000 31.26 IR450 -20200 AC?xLINTS PAYABLE 31.26 CR450 -10100 CASH FEN EXPENSES 00403 -06 52UZ7SO.(KK) 345.00 IR450 -20200 ACCOUNTS PAYABLE 345.00 CR450 -10100 CASH FEB EXPENSES (1(1403 -07 52UZA40. W. ) 7.06 DR455- 20200 ACCOUNTS PAYABLE 7.06 CR455 -10100 CASH --lANUFEB PERSONAL SERVICES 00403 -01 521-IZD50. (0001 13, 612.62 I 8460- 2020x, ACC[ iNTS PAYABLE 13,612.62 0460 -10100 CASH FEB EXPENSES 00403 -02 52UZFVO.0000 40.`d) DR460 -20200 ACCIDUNTS PAYABLE 40.50 CR4 4 -10100 CASH FEB EXPENSES 00403 -03 52UZMl -J. WOO 135.03 IR460 -20200 ACCOUNTS PAYABLE 135.03 CR460 -10100 CASH 6 -A DATE O3/07/91 CITY OF FRIDLEY - HRA PAGE 3 PROGRAM PODS CHECK REGISTER 6-B CHECK RUN BATCH # : 0062 (102 HRA VENDOR D :+t:. JOB DESCRIPTION INV # PO - /INV # SECS # PCNT AMOUNT ACCT NUMBER NMBR MESSAGES 3*** TOTAL VENDOR $ 14,394.12 2110 CHECK- PREPAID# H00019 HERRICK & NEWMAN FEB LEGAL SERVICES 00404 -01 52UZ5MO.0(K)0 357.00 DR45O -20200 ACCOUNTS PAYABLE 357. () CR450- 101(K, CASH FEB LEGAL SERVICES (X)M)4 -02 52U29rF0.0000 570.00 DR455 -20200 ACCOUNTS PAYABLE 570.00 CR455-10100 CAM FEB LEGAL SERVICES (x)404 -03 52UZDDO,0KKK► 744.00 CR460 -20200 ACCOUNTS PAYABLE 744.00 CR46-0 -10100 CASH $ � TOTAL VENDOR # $ 1,671.00 2111 ¢ 04ECK- PREPAID **** I(KK) 11 INDEPENDENT g.--:H. DISTRICT #11 2ND & FINAL PAYMENT (KW)!, -01 52UZI60.000() 6,426.24 DR460- 202100 ACCCKMITS PAYABLE 6,426,24 CR4b0 -10100 CASH ¢ TOTAL VENDC►R $ 6,426,24 2112 rwr.k,- PREPAID **** I00013 INDEPENDENT SX:H. DISTRICT #13 2ND & FINAL PAYMENT 00406 -01 52U71DO.0000 10,291.80 DR460 -20200 ACCOUNTS PAYABLE 10,291,80 CR460 -10100 CASH ¢+� TOTAL VENDOR $ 10,291.80 2113 1 CHECK - PREPAID *#** I0(06 INDEPENDENT SC1i. DISTR. NO. 14 2ND & FINAL PAYMENT 00407 -01 92UZGLlO.O(K)O 67,945.33 DR460- 202r.KO ACCOUNTS PAYABLE 67,945,33 CR460 -10100 CASH t TOTAL VENDOR ## $ 67,945.3 =3 2114 2 CHECX PREPAID t *** I(K)O16 INDEEPENDENT SCH. DIST #16 2ND & FINAL PAYMENT 004008-01 92UZI KO. (KKOO 23,809.63 DR46O- 2'0200 ACCOUNTS PAYABLE 23,809.63 CR464r10100 CASH ¢ TOTAL VENDOR ¢ $ 2231809.63 3FtiFk TOTAL NUMBER OF CHECKS WRITTEN : OCK1000 **** TOTAL DOLLARS FOR CHECKS WRITTEN $ 1833,465.27 **** LAST CHECK NUMBER OOC TO: FRIDLEY H.R.A. FROM: CITY OF FRIDLEY RE: BILLING FOR OPERATING EXPENSES FOR FEBRUARY, 1991 AND FEBRUARY 1991 ADMINISTRATIVE EXPENSES FEBRUARY ADMINISTRATIVE PERSONAL SERVICES * JANUARY /FEBRUARY ADMINISTRATIVE OVERHEAD TOTAL ADMINISTRATIVE BILLING OPERATING EXPENSES: 13,108.12 504.5 13,612.62 LUNCHES - BUDGET MEETING 40.50 LUNCHES: MEDTRONICS, CATTLE COMPANY - MCDA, WHITNEY HOTEL 185.03 JANUARY MANAGEMENT FEE - KORDIAK REALTY RICE PLAZA 172.65 ELECTRICITY - RICE PLAZA 31.26 SNOW PLOWING - RICE PLAZA 345.00 ELECTRICITY - LAKE POINTE 7.06 TOTAL OPERATING EXPENSES FOR JANAURY $781.50 TOTAL EXPENDITURES $14,394.12 *This is a new charge based on estimate of HRA's pro rata share of building operation costs. 6 -c a l� r _ Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 8, 1991 TO: Housing and Redevelopment Authority FROM: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director SUBJECT: Fridley Town Square Redevelopment Plan Amendment On February 25, 1991, the City Council approved Scott Ericson's request to amend the redevelopment plan to add a drive - through window at the west end of the proposed shopping center. City Council placed a number of stipulations on the approval beyond the original 17 stipulations that were approved in June 1990. One of the 18 additional stipulations was to require a $10,000 letter of credit to be retained for two years to ensure that the double baffle air filtration system from the fast food restaurant performs properly and also that money is available for a traffic study if significant changes in traffic patterns occur. Attached for discussion by the HRA is Jim Casserly I s memo regarding the equity participation component of the proposed development contract. Casserly will be present at Thursday's meeting to discuss this in more detail with the HRA. WB /BD:ls M -91 -165 7 7 -A Casserly Molzahn & Associates, Inc. 215 South 11th Street, Suite 200 • MWORPOUS • Minnesota 55403 Qt%ce (612) 342 -2277 • Fax (617) 332.4765 N E X O R A N D U M TO: Fridley H.R.A. FROM: James R. Casserly DATE: March 3, 1991 RE: Update on Recapture Provisions for Town Square Contract In December of 1990, the HRA discussed the concept of having an equity participation for its 250,000 investment in the Fridley Town Square project. The March 1, 1991 draft of the Contract between the HRA and Town Square Associates provides for such equity participation. A very brief overview of the Contract is as follows: the HRA would invest 250,000 (see Section 3.3) in the project upon the issuance of a Certificate of Completion (see Section 4.4). The Developer Would have to build the projoot as deocribed (nee definition of Minimum Improvements) and would execute an Assessment Agreement (see Article IX) stating the minimum market value (see definition of Estimated Market Value). The HRA investment would be secured by a second Mortgage (see Section 7.7). The mechanics for the equity participation are found in Section I, Definitions, and Section V110 Repayment and Security of Equity Investment and would work as follows: Upon the transfer of the project the Net Appreciation of the project would be calculated and would be multiplied by a fraction that represents the ratio of the HRA investment to the Developer investment. The minimum return to the HRA is 100,000 and the maximum return would be 300,000. The Developer has the option in Section 7.5 of repaying the equity participation with interest over five years. Several issues still need resolution including problems resulting from the HRA Second Mortgage. There will be numerous technical changes but the final contract should be substantially as it appears. TONN SQUARE EQUITY PARTICIPATION AGREII 1. Net appreciation of project x ratio of HRA equity investment to developer's equity investment. 2. Minimum return to HRA = $100,000. 3. Maximum return to HRA = $300,000. 4. If sale within 2 years from certificate of occupancy, then 250,000 is returned. 5. If project is not sold at the end of 7 years, project is appraised. IW%A receives return based on current appraisal. 6. Net appresciation = sale price - (Developer's investment + 13% return on investment for each year of project life + mortgage balance). 7. Repayment to KRA may be amortized with interest over 5 years. 7 -B LE , Project Costs 2,500,000 Developer Cash & Net Total Inv. 350,000 Authority Investment 250,000 Ratio of Authority Inv. to Dev. Inv. 711% Mortgages 21000,000 Cash on Cash Return Rate 13% Sale Price l,5UU,000 Sale Date 2 Years Net Appreciation 59,000 HRA Repayment 41,890 However, the minimum repayment to the Authority is 100,000. So in this example, the developer receives 50,000 qross profit fqr his 350,000 investment. 7 -C MAP C17 191 12:33 FLINTb12 :jam z5-1wC EXAMPLE 2 Project Costs 2,500,000 Developer Cash & Net Total.Inv. 350,000 Authority Investment 250,000 Ratio of Authority Inv. to Dev. Inv. 711 Mortgages 2,000,000 Cash on Cash Return Rate 13% Sale Price 3,500,000 Sale Date 7 years Net Appreciation 831,500 HRA Repayment 590,365 The Maximum repayment to the Authority is 300,000. In this instance, the developer receives a gross profit of 950,000 for his 350,000 investment. 7 -D INFORMATION ITEMS FRIDLEY MUNICIPAL CENTER • 6431 UNIVERSITY AVE. N.E. FRIDLEY, MN 55432 • (612) 571 -3450 • FAX (612) 571 -1287 March 7, 1991 Dr. Dennis E. Rens Superintendent of Schools Independent School District #14 6000 West Moore Lake Drive Fridley, MN 55432 Dear Dr. Rens: Enclosed is the second and final referendum refund payment, in the amount of $67,945.33, for payable year 1990. This amount is $82,268.03 (one half of total) less delinquents of $14,322.69. Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14, 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14,805.20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP /ph FRIDLEY MUNICIPAL CENTER • 6131 UNIVERSITY AVE. N.E. FRIDLEY. MN 55432 • (612) 571 -3450 • FAX (612) 571 -1257 March 7, 1991 Dr. Conrad (Tim) Rummel Superintendent of Schools Independent School District #13 1400 49th Avenue N.E. Columbia Heights, MN 55421 Dear Dr. Rummel: Enclosed is the second and final referendum refund payment, in the amount of $10,291.80, for payable year 1990. This amount is $17,049.47 (one half of total) less delinquents of $6,757.66. Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14, 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14,805.20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, r 1. Ae Richard D. Pribyl Finance Director RDP /ph CITYOF FRIDLEY FRIDLEY MUNICIPAL CENTER • 6131 UNIVERSITY AVE. N.E. FRIDLEY. MN 55432 • (612) 571 -3450 • FAX (612) 571 -1287 March 7, 1991 Dr. Chris L. Huber Superintendent of Schools Independent School District #16 8000 Highway 65 N.E. Minneapolis, MN 55432 Dear Dr. Huber: Enclosed is the second and final referendum refund payment, in the amount of $23,809.63, for payable year 1990. This amount is $24,179.32 (one half of total) less delinquents of $369.68. Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14, 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14,805.20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP /ph = I Community Development Department D HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members tt FROM: William W. Burns, Executive Director of HRA q1�. DATE: March 4, 1991 SUBJECT: Response to Suh's Attorney Since the last HRA meeting, I have had Virgil review the suggestions of George Borer, the attorney for Mr. and Mrs. Suh. Virgil, in general, did not feel that the City's legal liability to Mr. and Mrs. Suh was very substantiall He pointed out past case history seemed to indicate that any potential damage the City might have caused to Mr. and Mrs. Suh is not equivalent to other instances where the Courts have held in favor of cities. Virgil also recommended against taking the Suh property out of the Southwest Quadrant tax increment district, and suggested that we do not agree to postpone condemnation for any given period of time. With the benefit of Virgil's recommendations, I called Mr. Borer. In our conversation, I repeated Virgil's recommendations. I also pointed out that if Mr. and Mrs. Suh wanted to make an offer we could not refuse, they were certainly welcome to do so. However, I informed to Mr. Borer that in doing this, we were not proposing beginning negotiations, but were simply saying that we would consider any offer they might want to make. Mr. Borer indicated that he will respond shortly with a proposal from Mr. and Mrs. Suh. We might have a proposal by the next HRA meeting. If you feel that we should proceed in a different direction, please let me know. Thank you for reviewing this matter. WWB:rsc Attachments f. MEMORANDUM Municipal Center _ 6431 University Avenue N.E. Office of the City Manager Fridley, MN SS432 William W. Burns CITYOF (612) S71 -34SO FWDLEY TO: File FROM: William W. Burns, City Manager DATE: March 4, 1991 SUBJECT: Suh Property On March 4, 1991, I reviewed Virgil's legal opinion on the Suh property with George Borer on the telephone. I indicated to him that case law did not seem to support the obligations of the Fridley HRA to purchase the Suh property. Moreover, we were constrained by our bond issue from removing the Suh property from the HRA district. Finally, while there was no specific case history, there was other state law that would tend to indicate that the HRA should not give away its condemnation authority or its right to condemn the Suh property until sometime in the future, five years or more away. I did indicate to Mr. Borer, however, that although the City was not eager to land bank or own the Suh property, we would be happy to consider any proposal that they would make. Mr. Borer indicated that he would prepare something and get back to us soon. WWB:rsc 9 -A HERRICK NE� ,,Vl-,N ATTORNEYS AT LAW 4{ Virgil C. Herrick James El. Hoeft MEMORANDUM Gregg V. Herrick Of Counsel David P. Newman TO: William Burns FROM: Virgil C. Herrick DATE: February 22, 1991 RE: Request for legal opinion regarding Suh property This Memorandum is in response to your request dated February 20, 1991, regarding the above subject. You have requested that I review the letter sent to the City by George Borer, attorney for Mr. and Mrs. Suh. I have been asked to comment regarding the options contained in that letter and state my opinion whether the City has any legal liability and whether these options are desirable. You also asked me to respond to Billings. Mr. Billings has ask, liability if we stipulated that amendment is to be approved for restaurant. I will answer both Memorandum. a question by Councilman Steven ed whether we would increase our the Fridley Town Square project the relocation of the Burger Ring of your requests in this Mr. Borer has asked that the HRA take one of three actions as they relate to the property of Dr. and Mrs. Suh. The first, and preferred action, would be to have the HRA purchase the Suh property. If the HRA declines to purchase the Suh property Mr. Borer has suggested two alternatives. The first alternative would be to delete the Suh property from the HRA redevelopment plan. The second alternative would be for the HRA and /or the City to enter into an agreement with the Suhs that they would not condemn the property for a period of at least five years. In support of Mr. Borer's request he has indicated that 1) the Suh property has been in the development district for an unreasonable time period; 2) that because the property is in a redevelopment district this fact has diminished the owners' investment expectations; and 3) the property owners need to make improvements to the property in order to attract tenants and that it is not fair to the owners to be required to make investment in the property when they do not know how long they will retain ownership of the property. Suite 205, 6401 University Avenue N.E., Fridley, Minnesota 55432, 612 -571 -3850 9 -C William Burns ti February 22, 1991 Page -2- The Suhs' basic complaint is that they have been adversely affected by the redevelopment plans of the Housing and Redevelopment Authority. Assuming this to be true it does not create a liability on the part of the City or the HRA. This issue was decided by the Minnesota Supreme Court in the case of Orfield v. Housing and Redevelopment Authority of St. Paul, 305 Minn. 336, 232 NW 2d 923 (1975). In that case the property owners filed a suit to compel condemnation on the basis of an alleged taking, damaging or destroying of their property. The claim was that the redevelopment had caused them to lose tenants, acquire undesirable tenants and caused difficulty in obtaining caretakers. The property owners also claimed that the action of the HRA had caused them to suffer substantial losses in profits over the preceding years. The Court stated that the petitioners could only be granted condemnation if the HRA's activities constituted a direct and substantial invasion of their property rights and consequent diminution in their property values, that it amounts to a taking. The Court held that under the facts in that case that it did not constitute a taking. In reviewing the facts of the Orfield case it is my conclusion that the damage caused to the property owners in that case was substantially more severe than those involving the Suh property. The Orfield case was followed more recently in the case of Fitger Brewing Company v. The State of Minnesota, 416 NW 2d 200. Again, in the Fi_tger case, the property owners suffered substantially greater damage by the action taken by the government agency than is true in the Suh situation. I am of the opinion that neither the City nor the HRA has any legal liability as it pertains to the Suh property. Clearly the HRA could enter into negotiations with Dr. and Mrs. Suh and purchase the property. The only requirement would be that the purchase would be for a public purpose. Inasmuch as the property is in a redevelopment district and the HRA is actively pursuing a developer this purchase would be for a public purpose. This would be similar to the HRA having purchased the Rice Creek Plaza and the building housing the Fridley Municipal Liquor Store. 10 William Burns February 22, 1991 Page -3- Whether the HRA should purchase this property at this time is an economic decision. The owners may be willing to sell at an attractive price. However, considering the past success in finding a developer, it might be necessary for the HRA to hold the property for a substantial time. In view of the present real estate market I would be reluctant to purchase this property at this time. I do not believe that the HRA can or should delete the Suh property from the HRA development plan. There is a provision in the statute that would authorize an amendment to the boundaries of the development district. However, the HRA has issued bonds and has pledged the properties within the development district as security to the bond holders. I have discussed this matter with Jim Casserly and we both agree that there would be a legal question about removing property that has been pledged to support outstanding bonds. As a second alternative Mr. Borer has requested that the HRA or the City enter into an agreement not to condemn the Suh property for a period of at least five years. Again, I do not feel that the City or the HRA can or should enter into this type of agreement. There are no specific Minnesota cases dealing with the question of whether a municipality may contract away its right to enter an eminent domain proceedings. However, McQuillan on Municipal Corporations, at Section 32.14, states "a municipal corporation cannot surrender the power of eminent domain conferred upon it nor bind itself to a restricted exercise of the power ". Several cases from other states are cited supporting this proposition. Aside from the specific question of whether a municipality can contract away its eminent domain authority there are two basic rules of law that would apply. The first is that a municipality cannot enter into a contract to surrender its authority granted to it by the legislature. The second basic principle is that one city council cannot enter into an agreement to bind a future council. This general principle does not apply to certain types of contracts but in my opinion would apply to a restriction placed on a future council to exercise a police power or an eminent domain power. 9 -D IN William Burns February 22, 1991 Page -4- Councilman Billings has asked the question whether the City would incur any liability if we stipulated that the Fridley Town Square project amendment is to be approved for the relocation of the Burger Ring restaurant. The developers of the Town Square project have petitioned the City to amend the development plan to authorize a drive -thru restaurant. At the last council meeting they indicated that they would limit this request to the Burger Ring restaurant which is presently located in the southwest quadrant of Mississippi and University in property owned by Dr. and Mrs. Suh. Neither the City nor the HRA have done anything to interfere with any contract rights between Burger Ring and the Suhs. Burger Ring has come to the City requesting permission to move their business from one location to another. If they have any leasehold obligations with the Suhs that is a matter between private parties. If they do not they are free to move their business to any location that is properly zoned. I do not feel that the City would incur any liability by approving the request of the Town Square developer and Burger Ring to authorize their location within the Town Square project. VCH lal 9 -E FINANCE DEPARTMENT MEMORANDUM TO: WILLIAM W. BURNS, CITY MANAGER FROM: RICHARD D..PRIBYL, FINANCE DIRECTOR SHARON PETTING, STAFF ACCOUNTANT SUBJECT: HRA INSURANCE DATE: March 8, 1991 Per the HRA's request, the attached resume of insurance should explain the different insurance coverage the City and the HRA carry. Below I will explain how the premiums which relate to the HRA are allocated. The General Liability premium is based upon the dollar value of the City's operations. The City's premium is allocated between all the applicable divisions, including the HRA based upon the previous years expenditures. The Municipal Errors & Omissions (Public Officials Personal) Liability premium is allocated based upon the five City Council members, the Department Managers, some Division Managers and the HRA based upon two members. Inverse Condemnation is totally allocated to the HRA due to their greater exposure of this type of claim. The 1991 premium is $3,282. The HRA is also allocated a portion of T.C. Field's compensation for services fee. The amount allocated to the City Departments and the HRA is based upon the portion of the premium charged for property coverage (the HRA is not allocated a portion of this) and the General Liability premium. T.C. Fields charges us based upon a fee basis versus a commission basis. Their fee for 1991 is $19,721 which is the same fee they have charged since 1985. The premiums for 1991 are on average 3% greater than 1990. 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GQ r-I 1m xU � U � b m E w 0 (1) k (1) ro a ai r-I A 44 4-J U 4J � r-1 .b N A Sw 41 ri Cd O In rd U cif N a% a) \ k ri ri •r1 � \ 44 Ln r4 M 1 ro ko r-I (1) O ON 4J I \ •ri r-1 H O ►n \ A =w r� w 10 41 k rd W •k •ri O A rd a, Ln r-I r. a) 0.4 P4 4J 0 rn 41 A a) bl U •ri O O 0) C 44 a) In �4 CD >1 444 0 O ro U � cd k 0 r O a) OA •.-q rd cd� oul 4-f -r-I dl rd 44 k O a) k O a) U 4J 4a rd O U) rd a 0 In "A (15 4J ro aNi a) k rd P4 r-I O ri P4 •ri ri k N •U cn 41 •ri •ri M r-I H�a b A Q W 10 -C 11 CITY OF FRIDLEY M E M O R A N D U M TO: HRA COMMISSION MEMBERS FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR PAUL S. HANSEN, ACCOUNTANT SUBJECT: DUTIES OF PROFESSIONAL CONSULTANTS DATE: March S. 1991 Per the HRA commission's request, at the February 14th meeting, this memo briefly describes the services provided by the professional consultants used by the Fridley HRA. Jim Casserly Casserly Law Office, P.A. Jim Hoeft Virgil Herrick Herrick & Newman First Trust Jim Omeara Briggs & Morgan Project Consultant - Analyzes the financing options available for specific redevelopment projects. HRA Attorney HRA Attorney Paying agents for bond issues. They are not consultants. Bond Counsel. Develops school districts referendum return agreements. Prepares legal work on bond issues and related tax increment district issues. Bob Thistle Financial Consultant - Analyzes Springstead, Inc. bond issue alternatives for HRA, structures them, and takes them to market. Ray Haik His services are used in special Popham, Haik, & etc. litigation cases (i.e. Lake Pointe) . If you have any questions, feel free to call. 12 I _ i Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley March 7, 1991 Mr. Walter Rasmussen 7806 Alden Way N.E. Fridley, MN 55432 Dear Walter: It is with sadness that we receive your letter of resignation. As we accept it, we would like to thank you for your 8 1/2 years of service to the Fridley Housing and Redevelopment Authority, and wish you a speedy recovery from your illness. Our thoughts will be with you in the days and months ahead. Sincerely, Lawrence R. Commers Chairman, Fridley HRA /rsc 13 a-0-0 Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Winfield Development At the February 14, 1991 HRA meeting, Chairperson Commers inquired as to whether or not the City owes any money to Winfield Development. I have researched the file and conferred with Jim Casserly, and we have found two memos which required Winfield Development to submit $20,000 as "a fee" to defray attorney and staff expenses for the 57th Place redevelopment project. Winfield paid the HRA $2,500 in 1989. The remaining sum of $17,500 was to be paid upon execution of a development contract. Because the development contract was not executed, Winfield did not forward the remaining $17,500. BD/ do M -91 -156 1 a° 0 Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members FROM: William W. Burns, Executive Director of HRA,f, DATE: March 7, 1991 SUBJECT: Rapid Oil Site Since the last HRA meeting, I met with Jack Lemley of Ashland Oil to discuss the possible HRA acquisition of the Rapid Oil site on University Avenue. Mr. Lemley indicated that Ashland Oil would be a reluctant seller of the site. He did say, however, that they would consider any offer we made. He also indicated that he was willing to hold off on the company's request for rezoning and a special use permit until we had time to conduct an appraisal and make an offer. In order to begin the process, I have asked Barbara Dacy to employ Denny Taylor, an MAI appraiser, to develop an appraisal price for the Rapid Oil site. It should be available within three to four weeks. Additionally, I have asked Chuck McKusick, Fire Chief, and John G. Flora, Public Works Director, to evaluate the Delta environmental report that was prepared for Ashland Oil and the MPCA. Although this is somewhat a rehash of old material, I would like to see for myself whether or not we can come up with a better idea of what the cleanup costs are for the Rapid Oil site. I have attached a memorandum Mr. Lemley, and a memorand um for your review. Although meeting on March 14, 1991, I direction is consistent with WWB:rsc Attachment to the file regarding my meeting with to John G. Flora and Chuck McKusick I will probably be absent from the would like to know whether or not my your sense of direction on this issue. 14 MEMORANDUM Municipal Center ® 6431 University Avenue N.E. Office of the City Manager ri Fridley, MN 55432 William W. Burns CITYOF (612) 571 -3450 FMDLEY TO: File FROM: William W. Burns, DATE: February 28, 1991 City Manaq er SUBJECT: Meeting Jack Lemley of Ashland Oil - February 27, 1991 At approximately 4:10 p.m., I met with Jack Lemley of Ashland Oil to discuss the possible HRA acquisition of the Rapid Oil site on University Avenue. We discussed the following during our meeting: 1. Mr. Lemley indicated that they had done little or nothing to accomplish the cleanup of the site. They are waiting for the City to tell them whether or not the City will rezone the property and allow them to reconstruct their Rapid Oil business. 2. I did not get any other information regarding the expected costs of the cleanup of the Rapid Oil site. Mr. Lemley said that in a "worse case scenario". they would spend $300,000 to $500,000 to correct the problems. He also said that on occasion, it has taken five to ten years. 3. Mr. Lemley indicated that they would be willing to enter into a negotiated sale of the site if the price was right. He pointed out, however, that their primary objective is to use the site for Rapid Oil. They are a reluctant seller. 4. Mr. Lemley and I agreed that I would prepare an offer to Ashland Oil that was based primarily upon an appraisal. He agreed that the application for rezoning of the special use permit could wait until it is known whether or not Ashland Oil is willing to consider the offer we develop. 5. I asked Mr. Lemley how much he thought they were going to invest into site improvements. He said that in the past, they talked about a figure of $200,000. He said'he could check to determine how such they are currently expecting to put into the site. In general, I think we had a very cordial meeting. Mr. Lemley did say that they are not going to sell the site for $200,000, and that any offer we make should be substantially higher. WWB:rsc cc: Barbara Dacy, Community Development Director 14 -A Memo to John G. Flora and Chuck McKusick March 4, 1991 Page Two 5. Are there other typical gas station clean -up projects? If so, what are the costs for a typical gas station to clean up from leakage of their fuel tanks. My overall objective is to get a better assessment of the kind of financial vulnerability we would buy into if we were to obtain title to the property. Also if we condemn the property and proceed to buy it, we would want to make sure that the cost of clean -up is reflected in the condemnation price. Therefore, we would want to go into a condemnation proceeding with some kind of idea of the clean -up costs. Thank you for looking at this with me. you have any ideas. Thank you. WWB:rsc Please let me know whether 14 -C RICE PLAZA 1991 RENT NORGE VILLAGE METZ BAKING CHILDREN CHARM HONG KONG KITCHEN MY SISTER'S CLOSET T'S HAIR PLUS CINNAMON SKIN TAN RAPIT PRINTING TOTAL YEAR TO DATE JANUARY FEBRUARY MARCH TOTAL 1,100.00 1,100.00 1,239.56 3,439.56 702.98 755.63 1,458.61 445.02 445.00 890.02 752.97 805.63 1,558.60 793.74 793.74 800.00 800.00 0.00 897.14 889.00 1,786.14 3,453.09 5,589.02 1,684.56 10,726.67 9,042.11 10, 726.67 10, 726.67 07- Mar -91 15 4 a° 0 Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TD: Housing and Redevelopment Authority p9m: William Burns, Mocative Director of BRA Barbara Dacy, Comnmmity Development Director SUBJECT: Various Meetings Here is a summary of meetings that we have had in the last month regarding BRA redevelopment sites or issues: 1. January 29, 1991 - We met with Roger Derrick of Derrick Companies, a real estate developer, and Don Patton, a realtor from Realty Center, on behalf of the Cottage Homesteads of America, Inc. The president of Cottage Homesteads is Michael Saxton. His company is the original founder of the "Cottage" concept. This company is not related to John Arkell's proposal; however, the concept is generally the same. The concept is to provide one story clusters of 3 -4 units for the younger senior who is still mobile and active. They inquired as to potential development sites within the coma unity. We advised them that the BRA is still in the planning process for the University Avenue Gateway area and the area in the northeast corner of Rice Creek Road and Central Avenue. We spoke to them regarding the City's recent history regarding the Arkell application and advised them it would be important to differentiate between this company and the Arkell proposal. We provided them with basic information regarding these sites but we have not heard from them since our meeting in January. 2. February 6, 1991 - We met with Arne Gregory, Vice President of SCA Development, Ltd., a subsidiary of CanAmerican Corporation, and Laura Pioske of Miller & Schroeder Financial, Inc., regarding the Village Green housing complex. Gregory's company is one of three partners of the limited partner P awning the Ply• CanAmerican also is the management company for the property. Apparently, one of the partners wants to sell his portion of the partneertI;p. Currently, the three partners are negotiating the sale. Gregory's incp» ry to the BRA was whether or not we were interested in becoming one of the partners or participating in a Proposal that was put forth by Bob Boi.sclair in the summer of 1990. We asked that they keep us informed of the progress of their negotiations; and when more information has become available, we will approach the HRA. 3. We have also been contacted by the Everest Company and Opus Corporation regarding the status of the Lake Pointe site. WB /BD:ls M -91 -159 16 �Qm '40 Tttn it 11 i all Jo,Sid Zia- ----A F -- RV: 'All � A 17 Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: William Burns, City Manager FROM: Barbara Dacy, Community Development Director SUBJECT: LRT Preliminary Comments The Anoka County Regional Rail Authority has asked the City to provide them with informal comments regarding the proposed LRT system in Fridley. Of importance to the HRA is that the proposed park- and -ride sites do not directly affect identified redevelopment project areas. The park- and -ride sites are proposed at -:;e northeast corner of 53rd Avenue and the southeast corner of 57th Avenue along University Avenue, as well as in the northeast corner of Mississippi Street. The Mississippi Street LRT station issue was resolved by Anoka County committing that it will be a walk- and -ride and a kiss - and -ride so as to not affect the Fridley Town Square Redevelopment project. Anoka County promised it will not acquire single family homes in the area for a park- and -ride site. However, at 53rd and 57th Avenues, Anoka County is proposing to acquire the blocks bounded on the east by 4th Street, south of 57th, and north of 53rd, and east of University Avenues. If any of the commissioners have more s:._ :fic questions regarding the alignment, I would be happy to try and answer those questions at or after the meeting. Reduced copies of the proposed plans are not yet available. BD /dn M -91 -158 Community Development Department PiANN3NG-DRqS10N City of Fridley DATE: February 28, 1991 TO: William Burns, City Manager FROM: Barbara Dacy, Community Development Director Department Managers SUBJECT: Preliminary LRT Comments for Environmental Impact Statement and Preliminary Design Plan On February 15, 1991, the Anoka County Regional Railroad Authority transmitted to our office the preliminary design plans for the LRT system in Fridley, as well as the schedule for review of the EIS and the preliminary design plans. The ACRRA is requesting that we submit "informal comments" in order to identify critical issues or concerns that we may have regarding the proposed alignment. The ACRRA noted that the "official" review and comment opportunity will begin with the submission of the Environmental Impact Statement to the cities on April 1, 1991. Process In order to respond to Anoka County's request for informal comments as well as to initiate a process for an adequate review and comment period by residents and businesses, we have developed a review process to include staff members and the general public. The attached comments have been developed by our Department Managers reviewing the preliminary design plans. We have identified recommended goals for each station area as well as pertinent comments for physical planning issues along the alignment. After the City Council reviews these initial comments on March 4, 1991, it is intended that the Planning Commission will review these comments on March 13, 1991. Due to budget cutbacks, ACRRA staff is available for one neighborhood meeting instead of the originally planned two. We have scheduled one meeting on March 19, 1991 to meet with property owners immediately affected by the park- and -ride sites at 53rd and 57th Avenues. These two station areas will encounter the most amount of change. We also recommend that another neighborhood meeting be conducted in April for all property owners along the alignment. As a result of the comments developed by staff, City Council, commissions, and the neighborhood meetings, the City should have 17 -A n LRT EIS February 28, 1991 Page 2 a good basis to evaluate the draft Environmental Impact Statement when it is submitted in April of 1991. We may find it necessary to conduct follow -up meetings with the property owners later in the spring or summer. Plan Comments Attached are goals and comments for each of the station areas that are located along University Avenue. In analyzing each station area, we have used a radius of 1/4 to 1/2 mile around the proposed station site. We have also developed a list of questions that we would like Anoka County to be prepared to address at neighborhood or other public meetings (some of these questions may be addressed in the EIS). Also, in reviewing the station area plans, we used the City Council comments from their meeting on November 26, 1990 as a guide. The plan sets we received are too large for reproduction. We will have them available at Monday's meeting. Recommendation The City Council should review the attached goals and comments and recommend any changes. BD /dn M -91 -137 17 -B . 53RD AVENUE STATION AREA Goals: 1. No change or intensification of existing development is recommended, but there is a need for housing rehabilitation in the area. A number of multiple family structures are located in the area which need rehabilitation. 2. Pedestrian and bikeway /walkway access must be promoted from single and multiple family properties on both sides of University Avenue to the park- and -ride site. This includes off - street sidewalks /bikeway/ walkways along 53rd Avenue, 49th Avenue, and 44th Avenue. We need to finalize with Anoka County and MTC the proposed east /west feeder bus transit routes. Either a shuttle system or the feeder system should provide connections to the industrial area along Main Street and the Lake Pointe site on the other side, and the Target and Menard's area on Highway 65. This system would serve about 850 - 1,500 employees. 3. Evaluate development opportunity at Naegele site and the vacant property adjacent to it. 4. ACRRA should address the need for two station areas at 53rd and 57th Avenues. Are both needed during initial construction of the system or can one be constructed prior to the other. 17 -C 17 -D 53RD AVENUE PARK -AND -RIDE SITE COMMENTS 1. Two commercial properties are proposed to be removed; no residential homes along 4th Street are proposed to be removed. 2. The plan apparently is assuming removal of the partial alley that exists and reconfiguration of garages that are currently located along the alley. 3. Two accesses are proposed on 4th Street. If possible, the northern most access should be removed and connected to the east bound I -694 ramp. If ramp access is not possible, the southerly most access to 4th Street should be maintained. Another alternative is to acquire the seven residential properties along 4th Street as is proposed on 57th Avenue. 4. Proposed screening should be consistent with zoning ordinance requirements. A 6 foot fence with 1 tree per 50 feet along common boundaries should be constructed to the rear of residential properties. A 20 foot setback should be provided along the public right -of -way of 4th Street, with a 3 foot hedge or berm and 1 tree per 50 feet around perimeter of parking lot exposed to public right -of -way. Lighting should be a neighborhood size, less than 20 feet, high pressure sodium, a shoe box, or Kimlite design. Interior landscaping should also be provided. Parking spaces may be striped at 9 feet wide but with a double stripe. 5. Pedestrian and bikeway access to the neighborhood to the east should be provided as well as coordination with the City of Columbia Heights for a sidewalk along 53rd Avenue. 6. Requirements of the Six Cities Watershed District must be met. 7. Station buildings should be handicap accessible, provide bike racks, adequate bathroom facilities, and a call box for 911. 17 -E 57RD AVENUE STATION AREA Goals: 1. The area north of 57th Avenue to 61st Avenue and on to 4th Street has been identified as a potential redevelopment site for housing or a mixed use project of housing and a commercial node at the 57th Avenue intersection. The redevelopment would be compatible with LRT as it would provide easy mass transit access for those who desire it. 2. Feeder bus system needs to be further defined and should include Holiday Plus, the industries along Main Street and the Lake Pointe site, and the service /retail uses along 57th Avenue on the west side of University Avenue. 3. Pedestrian and bikeway access across University Avenue should be provided. 57TH AVENUE PARK -AND -RIDE SITE COMMENTS 1. Six residential structures will be removed (need to confirm # of units) plus two commercial properties. 2. Same site plan comments as was identified on 53rd Avenue, except that a screening fence will not be needed. A shorter decorative fence may be appropriate along 4th Street. 3. A driveway access to the frontage road in the extreme southeast corner of the site should be considered, if an access to I -694 ramp cannot be approved. MISSISSIPPI STREET STATION AREA Goals: 1. Promote pedestrian connections across University Avenue. Coordinate bikeway /walkway access into the northeast corner if it is redeveloped. 2. Address the fire and police access issues as defined below. 3. Design elements of station need to be consistent with University Avenue corridor design plans. MISSISSIPPI STREET WALK -AND -RIDE SITE COMMENTS 1. Anoka County should provide the bikeway /walkway in addition to the sidewalk located at the northeast corner. 2. The frontage road must be retained in front of the Fire and Police stations. The Police Department uses the emergency access to University Avenue twice a day (730 times a year). The Fire Department uses that access also on a daily basis. Plans indicate a discrepancy. A. What is distance between front of station and relocated frontage road? B. What will frequency of trains be at this intersection? C. What will the elevation of the tracks be? Will emergency vehicles be able to drive over them easily? D. Can the City pre -empt the LRT system as is done now in opticom system? E. What type of safety /warning sign apparatus can be installed at emergency vehicle crossing? 3. Do long -term plans include only 20 drop -off spaces along Mississippi Street in the northeast quadrant? 4. The design plans did not appear to show the improvements to Mississippi Street which are proposed for 1991. Location of the bus drop -off spaces should be located an adequate distance from the intersection to not interfere with pedestrians and bicyclists. Further, because a new shopping center will be located in the northeast corner, the City will be monitoring traffic operations on Mississippi Street. ACRRA should also monitor traffic use to insure proper placement of bus drop - off sites. 17 -F J 17 -G OSBORNE ROAD STATION AREA Goals: 1. Provide pedestrian and bikeway connections across University Avenue and to adjoining neighborhoods. 2. Bus feeder system needs to be better defined. System should serve Unity Hospital and areas around T.H. 65. 3. Park - and -ride improvements should match University Avenue corridor improvements. The City of Spring Lake Park needs to be notified of our recommendations. 4. Some type of crossing should be provided across Osborne Road for pedestrians to access hospital. OSBORNE ROAD PARK -AND -RIDE SITE COMMENTS 1. The storm sewer system should not be located underneath the LRT tracks. It must be closer to the frontage road, and its capacity must be double- checked. Local storm sewer connections must be made to the. proposed storm sewer, and shown on engineering plans. 2. In order to be consistent with University Avenue design goals, design and landscape elements should be submitted to the City of Fridley. We should also retain on file site plans of the Osborne station. NORTHTOWN The First Western development will be conducting a traffic study. Part of its analysis will show how the development will affect /not affect the LRT station plans in this area. 17 -H 6 F QUESTIONS WE WANT ANOKA COUNTY TO ANSWER AT NEIGHBORHOOD MEETINGS 1. Why are stations proposed on both sides of I- 694? What is rationale behind several stations versus one large station at Northtown or I -694? 2. Differentiate between initial and long -term phasing for park - and -ride sites. 3. What part of the projected ridership includes Fridley riders? 4. What agency is studying whether an all bus alternative is more or less cost effective than the LRT alternative? What are the results? 5. The ACRRA should assist communities with crime prevention programs, and if possible, security personnel at park- and -ride sites. Initially, information about other communities' experiences with crime in conjunction with a LRT system should be provided as soon as possible. 6. The ACRRA should address safety protection measures at intersections. The City wants to promote pedestrian and bike traffic and make it as easy as possible to cross University Avenue and east /west streets. 7. Recreational opportunities at Columbia Arena may dictate creation of another station at Columbia Arena. 8. ACRRA /MTC should describe the east /west feeder bus system that would serve the LRT and Fridley. 9. What level of weather protection will be provided at stations? 1/ 9 18 r Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March-7, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Status of Kiffe's Automotive Jack Kiffe from Kiffe's Automotive notified me that he wants to sell his automotive business and vacate the building on Mississippi Street. Kiffe is leasing the building from the HRA on a month -to- month basis. Kiffe has advertised his business for sale, and has received initial inquiries. We advised him that the maximum amount of time we would be able to lease the building to a new tenant is one year. We would also charge the same amount of rent, which is $650.00. We conferred with Jim Kordiak, our Property Manager for Rice Plaza, regarding the lease amount per month. He advised us that it was a reasonable rate, and given the condition of the building and the change of access that will occur after the Mississippi Street improvement project, the current lease rate is appropriate. Kiffe has made his rental payments on time, and he has agreed to provide us with a 30 day notice to vacate. If a new tenant is to be located within the building, the lease will need to be presented to the HRA for final action. BD /dn M -91 -157 6000 WEST MOORE LAKE DRIVE, FRIDLEY, MINNESOTA 55432 / 571 -6000 February 13, 1991 Mr. Larry Commers, Chairman HRA Committee Fridley Municipal Center 6431 University Ave. NE Fridley, MN 55432 Dear Mr. Commers: On behalf of the District 14 and the HRA Committee Members Increment Finance issue as it Your willingness to listen to and to take considerable time much appreciated. DR. DENNIS E RENS SUPERINTENDENT FAX 612- 571 -7633 School Board, my thanks to you for reconsidering the Tax relates to school referendums. the School Board's concerns on the issue has been very At your February 14 meeting, Mr. Prairie requested that the School District indicate in writing what would be appropriate timing for the HRA to notify the District of any changes in planned funding amounts. For our planning purposes it would be most helpful to have that information one year in advance. In other words, for our 1992 -93 budget (7/1/92 - 6/30/93), which will be the next budget year impacted by HRA decisions, it would be helpful to have the information by July of 1991. Again, thank you and all HRA members for the time you have devoted to this issue and for your responsiveness to the School District's concerns. S inceXely, ;�kDennis E. Rens, PhD Superintendent DER/hi c: Bill Burns HRACOMM.WPS FEB 2 51991 44M .V ir- theast State Bank February 21, 1991 Your Independent Community Bank 77 Bmadv.3, N E A' , ^Eav . P-'% 554'3 F"' .i n FFr' [a. F— ; -4 459' Mayor William Nee City of Fridley 6431 University Avenue N.E. Fridley, MN 55432 Dear Mayor Nee: I want to confirm my interest in the Fridley Housing and Redevelopment Authority. My experience should be of some benefit to the HRA. After working for Norwest Bank for 16 years in three banks in North Dakota, I moved to Minnesota and was employed for four years by Drovers Bank in South St. Paul before accepting a position with Walter Rasmussen at Northeast State Bank in February of 1981. My experience includes insurance; accounting; loans; and most recently, Chief Operating Officer of Northeast State Bank. S' ly yours, J. R. McFarland President JRM : mmc HOUSING AND REDEVELOPMENT AUTHORITY MEETING, THURSDAY, MARCH 14, 1991 7:30 P.M. PUBLIC COPY .. mimmmM=IMME CITY OF FRIDLEY AGENDA HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, MARCH 14, 1991, 7:30 P.M. Location: City Council Chambers Fridley Municipal Center 6431 University Avenue N.E. CALL TO ORDER: ROLL CALL: WELCOME NEW COMMISSIONER, JIM McFARLAND APPROVAL OF MINUTES: February 14, 1991 ACTION ITEMS: WRITTEN CONTRACT WITH JIM CASSERLY 1 - 1B WRITTEN CONTRACT WITH VIRGIL HERRICK 2 - 2B APPROVAL OF CONTRACT FOR APPRAISAL OF LAKE POINTE . . . 3 - 3E APPROVE CONVEYANCE OF EASEMENT TO CITY OF FRIDLEY FOR MISSISSIPPI STREET IMPROVEMENTS 4 - 4B APPROVE AND AWARD BIDS FOR LAKE POINTE MAINTENANCE PROJECT 5 - 5C ESTIMATES/CLAIMS 6 - 6C UPDATE ON FRIDLEY TOWN SQUARE DEVELOPMENT AGREEMENT . . 7 - 7D INFORMATION ITEMS: LETTERS TO ALL FOUR SCHOOL DISTRICTS REGARDING TIF TURNBACK 8 - 8C MEMORANDUM REGARDING RESPONSE TO SUH'S PROPOSAL 9 - 9E MEMORANDUM REGARDING HRA PAYMENT TO T.C. FIELDS 10 - 10C MEMORANDUM FROM FINANCE DEPARTMENT REGARDING OUR USE OF FINANCIAL CONSULTANTS 11 LETTER ACCEPTING WALTER RASMUSSEN'S RESIGNATION 12 MEMORANDUM REGARDING AMOUNTS THAT MAY BE OWED TO WINFIELD 13 REPORT ON CONTACTS WITH ASHLAND OIL 14 - 14C Housing and Redevelopment Authority Agenda March 14, 1991, 7:30 p.m. Page 2 UPDATE REGARDING RICE PLAZA 15 UPDATE ON VARIOUS MEETINGS IN LAST MONTH 16 - 16C LRT PRELIMINARY COMMENTS 17 - 17I STATUS OF KIFFE AUTOMOTIVE 18 OTHER BUSINESS ADJOURNMENT CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1991 CALL TO ORDER: Chairperson Commers called the February 14, 1991, Housing & Redevelopment Authority meeting to order at 7:40 p.m. ROLL CALL: Members Present: Larry Commers, Duane Prairie, John Meyer Members Absent: Virginia Schnabel, Walter Rasmussen Others Present: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director Jim Hoeft, HRA Attorney Rick Pribyl, Finance Director Paul Hansen, Accountant Dr. Dennis E. Rens, Independent School Dst. #14 Jai Suh, 6440 University Avenue NE, Fridley, MN 55432 George Borer, Attorney, 1200 Capital Centre, St. Paul, MN Bill Schatzlein, 4032 Grand Avenue South, Minneapolis, MN Doug Erickson, Fridley Focus APPROVAL OF JANUARY 10, 1991, HOUSING & REDEVELOPMENT AUTHORITY MINUTES: MOTION by Mr. Prairie, seconded by Mr. Meyer, to approve the January 10, 1991, Housing & Redevelopment Authority minutes as written. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. ACTION ITEMS: 1. RECONSIDERATION OF TIF TURNBACK TO SCHOOLS Mr. Commers stated the HRA had received, with their agenda, a letter from Dr. Rens, Superintendent of Independent School District #14 . Mr. Burns stated the City had received a formal request from Dr. Rens stating the loss of over $40, 000 would mean the loss of 1. 5 teaching positions at a time of financial need for the HOUSING & REDEVELOPMENT AUTHORITY MEETING. FEB. 14, 1991 PAGE 2 School District. The School District did not anticipate the loss in the financial planning for this year. The turnback projected for School District #14 remains the same as 1990. There has been confusion about what is being turned back. All of the turnback money is money collected as the result of post-1979 school district referendum levels. The school district's turnback is based on a 2 mill levy approved in 1983 and a 2 .5 mill levy approved in 1986. There are no additional levies since beginning the turnback program in 1988. Therefore, growth in turnback for the school district since 1988 has been due to property appreciation and new property placed on the tax rolls, not additional levies. Mr. Burns stated that at an earlier meeting the HRA expressed concern that the size of the turnback would continue to grow. At the last meeting, Mr. Burns returned figures to the HRA developed by the City Assessor showing the increases and decreases for various tax increment project areas. Using this information, between 1991 and 1992 , they are going to realize a net increase of $266, 513 of value, or it looks like a 20% revenue growth. If they apply the 20% figure to the 1991 potential turnback, it would rise to $322 ,800. After that, they think the TIF return will stabilize. The main reason for an anticipated jump in 1991-92 is the value for the Moore Lake Racquet Club will come on line. Copies of the City Assessor's analysis of major projects were distributed. Mr. Commers stated, when looking at the budget preparation materials, he did not understand why there was money allocated to School District #14 from the Skywood/Johnson project. Mr. Hanson stated the Skywood/Johnson project is a noncontiguous tax increment finance district. Mr. Pribyl stated this was done when the district was approved as a noncontiguous tax increment district. There were two separate areas that were approved as part of one process. Mr. Prairie asked if Johnson Printing is also in School District #14. Mr. Johnson stated it is not. The Johnson Printing parcel is in School District #14, and the Skywood Mall parcel is in School District #13 . Mr. Prairie asked if there is any way to separate these so it would not be so confusing. Mr. Pribyl stated, no, that is the way it was approved. Mr. Commers asked if the City collected the monies. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 3 Mr. Pribyl stated the County collects the funds and separates the funds by a code. Each segment of a tax increment is assigned a code. The City has no internal allocation. Mr. Prairie asked if the Johnson parcel is going to be turned back. Mr. Pribyl stated it would be returned to the tax rolls for taxes payable in 1994. Mr. Prairie asked if, at that point, Tax Increment District #4 would consist solely of Skywood and if there would be no turnback to School District #14. Mr. Pribyl stated that all increment would then be returned to the tax rolls as that district terminates. Mr. Commers asked if the dollar amount is $19, 955 a year. Mr. Pribyl stated Johnson's total tax increment payable in 1991 is $101, 000. Mr. Commers stated that, of that amount, $19,955 would go to the school district as a refund. Mr. Hansen stated this is correct. Mr. Commers asked if, after 1993, this would no longer be part of the refund. Mr. Pribyl stated this is correct. The property will be back on the tax rolls. Mr. Prairie stated the school district would then end up with more. Mr. Pribyl stated this would likely happen. Mr. Commers asked if this matter had been returned to the HRA by the City Council. Mr. Burns stated that no action has yet been taken by the City Council, so this item was returned informally to the HRA. Mr. Prairie stated the HRA discussed this issue at their last meeting. What has generated the increase in amount from $66, 000 to $268, 000? He spoke with Mr. Jim Ferguson briefly and thought Mr. Ferguson was under the impression the funds are generated by levies. At that time, the HRA based some of their thinking on that. He felt the HRA should not take any money the school district rightfully has coming. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 4 Mr. Commers stated he thought, too, that the difference was due to the appreciation and not an additional levy. He thought this was clear. Dr. Rens, Superintendent of Schools, stated he was speaking on behalf of the Board of Education, that has indicated two concerns. The first is serious financial difficulty. In 1989-90 and 1990-91, the budget has been reduced each year. Their preliminary budget still has expenses over budget. They see this escalating because they see difficult times for the State. 1.5 teaching positions is a lot for our school district. Secondly, their dollars are from the tax levy passed by the school levy. They understand those have increased because the values in the district have increased. They are not increasing from last year's budget to this year's budget. There has been no change in the dollar amount that they put into their projections when they made decisions. He is concerned about the timing of the decision. The Board made financial decisions in the fall based on a given amount. If the HRA has a concern about the total amount being returned in the future, the School District's preference would be to return the full amount that affects the 1990-91 budget so they can go ahead. The school district would have time to plan if it would impact 1992-93 by July so decisions made have that considered. They were not aware of this until September and December. The Board is asking to reconsider for those reasons. Mr. Prairie stated the HRA originally moved the vote back eight months thinking it would help districts with their budgets. Now what they have to do is go back another six months. Mr. Commers stated the school district is asking for a 12- month lead time for budgets they are adopting for the next fiscal year. Dr. Rens stated, as an example, the Board of Education had to make a decision by August on a referendum issue. When they made that decision, they had $164, 000 in projections over a four-year period of time. For that reason, they decided against the referendum. That is just one of many decisions when he put this together. Mr. Prairie asked if there is a way that this could be written up so this would be done early enough. Dr. Rens stated that under normal conditions that would be okay, but these are not normal financial times. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 5 Mr. Prairie stated the earlier the HRA has to look ahead the harder it is. If they know about the dates from the school districts, it would help. Have they heard from any other of the school districts? Mr. Burns stated the City has not heard from the other districts, nor have the districts heard from the City. Mr. Pribyl stated the districts are aware of the issue, but they may not be aware of the pending process. The districts are aware the HRA will be returning funds at some point in time. Dr. Rens stated the other districts are probably not aware of the change in amounts or are not affected. Mr. Meyer stated he is sympathetic to the position of the Board. The referendum decision was made late last summer not to go for it. The Board is depending on full amount from the HRA. At this time, he would favor changing our position with better understanding by both parties of what they can expect in the future. Mr. Prairie asked if the City could notify the school districts when this again comes up. Mr. Burns stated the City can do this. It is something that has been overlooked in the past. Other than School District #14, the City has not contacted the districts. Mr. Meyer stated the HRA concentrated on its own financial position and thought that the districts would not mind the decision made because it was not punitive. The HRA did not realize that the district was looking for more but they did discuss it. Dr. Rens stated the Board recognizes there is nothing punitive, and thanks the City for their support. Mr. Commers stated there is a difference in viewpoint as to those funds. He thought that there is a legitimate issue with respect to the planning and decision not to go forward with the school referendum, to that extent that weighs more heavily in favor of paying the school a refund but he thought that the HRA will have to address this so this will not happen again in the future. MOTION by Mr. Prairie, seconded by Mr. Meyer, to recommend to the City Council approval of a full refund of TIF turnbacks to the school districts for taxes payable in 1991, or approximately $268, 000. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 6 UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 2 . CONSIDERATION OF SUH REQUEST TO ACQUIRE PROPERTY: Mr. Commers referred to the memo dated February 7 , 1991, from Mr. Burns regarding a meeting the City Manager had with Mr. and Mrs. Suh. Mr. Burns stated Mr. George Borer, attorney for Dr. and Mrs. Suh, would provide information for the HRA. Mr. Borer stated the property consists of a car wash, Burger King and shopping center. The first proposal would be for the HRA to purchase this property, similar to the purchases the HRA has made with similar properties. They felt this was the fair thing to do. Mr. Suh's property has been in this district since 1978. His ability to rent out the center is becoming more and more difficult for various reasons. The real estate market is one reason. Also, long term tenants do not want to rent because they have heard the property is in a redevelopment district. It is also his understanding that once there is acquisition, this property will be the last piece to be acquired. They are asking the HRA to consider purchasing their property as well. The placement in the district is becoming harmful to the Suhs. There is also refinancing coming up. They must decide what to do with the property and the decision must be made in a short time. Mr. Borer stated he and his client are present to ask if the HRA would consider moving forward with this property. The preference is that the HRA purchase the property; however, through discussions with staff, this is unlikely. With this being the last piece in the quadrant and a key piece, they would like to enter into negotiations with the HRA and consider terms. As an alternative, if this is not the appropriate time to purchase, could the property be released from the district in order to attract long term tenants? It is difficult to lease because prospective tenants fear condemnation. If the area is not going to be redeveloped in the near future, would the HRA provide a letter stating this so tenants can be attracted? He would like to see something happen so his client can move forward. They would like to see the HRA either purchase the property or allow the Suhs to do something to their property to make it attractive to long- term tenants. Mr. Meyer stated a possible scenario would be that even if the propertycould laterd frm decide the t take the property vements becausem ade, HRA they the HRA • • HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 7 purchase the entire area. Why, under that scenario, would Mr. Borer's client be any better off? The property would still be in jeopardy. Would his client gain anything? Mr. Borer stated he is not certain if this would be better, but felt it would. The center is not going to attract top notch tenants with the threat of condemnation. It is certainly something that has been mentioned by tenants and leasing agents. He did not think staff is telling anyone this but the fact is that other property around them has been taken. Tenants do not want a five-year lease and then have to move. This hampers the ability to lease space. Burger King is likely to be lost from the site as well, which will be devastating to the site. He is willing to look at any alternative to make the site more marketable. Mr. Meyer stated he is trying to think of a way to take away the stigma, short of abandoning the district for the southwest quadrant. Mr. Borer stated tenants question moving in if the property is going to be condemned by the City in the near future. The agreement would be cleaner from their standpoint if they knew how long it would be there. Mr. Meyer felt Dr. and Mrs. Suh would be better served to sell to the HRA or lease back, but did not consider it a viable option to be released from the district. Mr. Borer stated selling is the preference. Basically, he and his client feel that if they must keep the property for ten years, how can they keep it in a state that is attractive. Their desire is to sell to the HRA. Mr. Commers asked when the owner would be refinancing. Dr. Suh stated at the end of this month, but he has a two to three month grace period to renegotiate. Mr. Borer did not think refinancing would be a problem, but they do need to make a decision about the property. Mr. Commers stated they had talked about agreements not to condemn or take the property for a period of time. Mr. Borer stated such an agreement would be shown to prospective tenants. Mr. Commers asked if the Burger King would default now since it is in bankruptcy. HOUSING h REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 8 Dr. Suh thought so, but has not received a formal letter. Mr. Commers stated, with the status, he would think it would also impact Mr. Suh's ability to do many things. Dr. Suh stated a developer may be talking to Burger King directly, but he is not sure. Mr. Commers stated this may even become a different franchise. Dr. Suh agreed that this could happen. Mr. Commers stated part of the issue is that, in terms of priority, this is not a priority for the HRA. The HRA has some difficult financial issues which need funding. There is some othat.sue asHeo their asked theability value of the property and the HRA elected to dand what the HRA may be able to affect. Mr. Meyer suggested that staff sit down with the owner and explore scenarios, and report back to the HRA at the next meeting. Dr. Suh stated that, since the HRA is talking about financial difficulties, he would propose that if the HRA would decide to purchase the property, it could be done over a period of years. He did not need a lump sum right now. Mr. Borer stated they have talked about a sale lease back so the City would not end up as landlord over a period of years. Terms are open. Mr. Burns recommended that, since the City had just received Mr. Borer's letter that day, staff take an opportunity to review the letter and proposals. At this point, he did not see a need for staff to be directed to have further talks with the Suhs unless the HRA is contemplating buying the property. He would like to see if there are legal implications. If the Suhs have a proposal to make, there is no problem with accepting their proposal, but staff has not received a proposal. At this time, staff would evaluate any proposal received with an eye to the legal implications. Mr. Commers stated there is a timeframe here. The HRA needs to respond as promptly because of the refinancing questions. Staff was requested to review and check with legal counsel for implications, at least to the issues raised, and meet o ti with the Suhs again to see if they have any suggestions s. Dr. Suh asked if Mr. Burns needed numbers from him in a proposal. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 9 Mr. Burns stated that, if they have a buyout plan in mind, the Suhs were welcome to submit it for consideration. Mr. Commers stated it may be a good idea so they can get a feel for what the Suhs are looking at. The HRA has done their budgeting for 1991 so that could be a problem for a short-term decision. In the meantime, the HRA will review the issue. If staff and the Suhs could talk in the next week or two, the HRA could provide an answer in the next month or so. Mr. Borer stated he thought the request to be removed by the district had a 30-day limit to be referred to the Planning Commission. They would waive if that is the case. Mr. Burns stated he is not aware of such a restriction, but this would be referred to legal counsel. 3 . CONSIDERATION OF CONTRACT FOR HOUSING REDEVELOPMENT CONSULTANT SERVICES: Ms. Dacy stated the purpose of the contract is to perform a preliminary market research study to determine the feasibility of a housing and redevelopment project in two areas. The first is the University Avenue Gateway area in the northeast corner of 57th Avenue and University extending up to 60th Avenue, which contains some older commercial properties which are now vacant; and second, the northeast corner of Rice Creek Road and Central Avenue, part of which is in a tax increment district. The City owns property adjacent to that area. The property in that area has been subject to several controversial requests, and both proposals were denied by the City Council. Ms. Dacy stated that in evaluating those two areas during the last year, staff felt that there were eligible sites for a housing project, and staff reviewed with the HRA some of our land use goals for both of those areas. Staff believes it is important to look at the market, determine the type of housing, the type of density, and what type of amenity package would be in the best interest of the City. Mr. Schatzlein would be expected to prepare a written report and present the findings to the HRA. The contract is an hourly contract up to maximum of $3, 500 and staff would like the report completed by April 1, 1991. Mr. Schatzlein was present to answer questions. Information regarding Mr. Schatzlein's company and references was included in the agenda. Staff recommends approval of the contract as presented. Mr. Commers asked what happened to the proposal for the Mochinski property. HOUSING i REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 10 Ms. Dacy stated the developer never formally applied for a land use application. Staff was told they were evaluating the site as a potential redevelopment area, but staff has not heard from them. Mr. Burns thought Mr. Brickner was waiting for the City. Ms. Dacy stated the City is trying to determine what would be the most appropriate land use. Property owners strongly object to townhouse development and commercial development. Unfortunately, single family does not work in redevelopment. Mr. Commers asked if detached townhouses were constructed, what does the preliminary economic impact show? Is there enough there to do that kind of project? Ms. Dacy stated that they have to get the density of at least 12-15 units per acre to get to a break even point. That may be unacceptable in a layout context. If the townhomes are rental, the tax increment is larger. However, she thought property owners will want an ownership situation rather than rental units. Another factor is to determine whether they want to acquire the commercial building in the immediate corner of the intersection. That skews the scale toward the negative side. Mr. Commers asked if it would be beneficial to have a study. He thought this is a zoning issue. It looks like density is needed to make it work, and wondered if the Planning Commission or City Council would approve a project that would meet the minimum criteria. Mr. Burns stated he thought it is too early to say. He thought there were some serious challenges here. There are three issues: 1. The market issue - What can be put there that will sell? 2. The cost issue - What can be put there that will produce enough increment to justify itself? 3 . The political issue - What can be put there that will satisfy the neighbors? The Mochinski property is zoned C-2, Commercial, and it could be rezoned residential. Soil correction is needed particularly if a road is to be built. Another element is the Gray Star Building which, under ideal circumstances, should be purchased if that corner is to be developed. HOUSING fi REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 11 Mr. Commers asked what is being considered in the area of 57th and University. Mr. Burns stated staff did not know for sure. The City is looking at a mixed use project. There is approximately eight acres from 57th northward almost to 61st Avenue. The depth goes back to 4th Avenue. There are some residential properties that would also be involved, if it is decided that this would be a redevelopment area. Ms. Dacy stated this includes the former Holiday Station, McDonald's, Benjamin's, and Zantigo buildings, plus Frank's Used Cars across the street. Mr. Commers asked if a report done by April 1 would give some sense of what the economy will be. Mr. Burns stated there has been some preliminary analysis. He felt that the economies have already covered as best we can at this time. MOTION by Mr. Meyer, seconded by Mr. Prairie, to approve the contract as specified with Schatzlein Associates. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Schatzlein stated he is looking forward to the project and bringing an independent proposal to the HRA. His goal is to provide information to help make decisions in this area. He will be looking at it from the market approach. 4 . CONSIDERATION OF ANOKA HRA REQUEST FOR PERMISSION TO OPERATE HOUSING PROGRAM: Mr. Burns stated he had been contacted by Rita Ander, City of Anoka HRA, requesting permission for them to a operate a program for the mentally disabled in the City of Fridley. Anoka's HRA has applied for a grant to subsidize rental payments in apartments for up to 20 individuals. The grant application would be more attractive if it was a multi-city project, and they have talked to Fridley, as well as Columbia Heights. Staff recommends the HRA let the Anoka HRA operate a program in Fridley, but that the Anoka HRA operate the program through the City's Section 8 Housing Coordinator. Mr. Commers stated it seemed to be a program that deserved a chance but he would be more comfortable if Fridley could control the program in the City. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 12 Mr. Burns stated the role of the Section 8 Housing Coordinator would be to check out the apartment units and administer contracts with the owners. Mr. Comers stated there would not be a large number of persons involved. Mr. Burns stated the City would receive $15.00 per month per person. MOTION by Mr. Meyer, seconded by Mr. Prairie, to approve the request by the City of Anoka HRA to operate a program for the mentally disabled in the City of Fridley, with the amendment that it be administrated by the City's Section 8 Housing Coordinator. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 5. CONSIDERATION OF 1991 BUDGET: Mr. Burns stated he had adjusted the budget numbers based on the HRA's decision of turning back the full amount to the school district. He also amended the capital outlay to reflect taking out the grates for the Fridley Plaza area. MOTION by Mr. Prairie, seconded by Mr. Meyer, to approve the budget as amended. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 6. ESTIMATES/CLAIMS: Mr. Pribyl presented Check Register #2094 through #2099 for consideration. Mr. Prairie asked if Check #2096 was the fee paid to analyze insurance. Mr. Pribyl stated this is the actual insurance coverage for the Rice Creek Plaza. This is the only one where the City actually goes out and solicits quotes. Mr. Commers asked Mr. Pribyl to provide a memo next month to explain how this works. Mr. Pribyl stated he would let them know the mechanics and process as they get into other insurance. HOUSING & REDEVELOPMENT AUTHORITY MEETING. FEB. 14. 1991 PAGE 13 Mr. Pribyl asked the HRA to note on a separate listing, Checks #2100 to #2105, in addition to the register they had received. These checks are listed on an additional handout. Mr. Commers stated it is hard to keep track of the agencies and who is doing what. Mr. Pribyl stated that in 1985, Casserly was a financial advisor/underwriter. He was later released and went out on his own, and is now consulting. Then the City was looking more toward Springstead. Now that he is operating independently, he does not have the same level of expertise available to him. There was some transition. In a memo to Mr. Burns, First Trust acts as a paying agent for the City's bond issues, while the consultants are Casserly and Springstead. Mr. Commers requested a description of each and their function. Mr. Prairie requested this memo also include a description of appraisers. MOTION by Mr. Meyer, seconded by Mr. Prairie, to accept Check Register #2094 through #2105. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. INFORMATION ITEMS: 7. UPDATE ON FIRST WESTERN DEVELOPMENT'S PROPOSAL: Ms. Dacy stated she had nothing more to report. The City Council will not decide on the variances until February 25. She has not received information on the soil correction. Mr. Meyer asked if the YMCA property is now sold. Ms. Dacy stated they entered into a purchase agreement. 8. UPDATE ON FRIDLEY TOWN SOUARE PROJECT: Ms. Dacy stated the City Council tabled this item, and the City Council will discuss at their February 25th meeting. Mr. Commers asked if there is a final resolution as to whether there needs to be another home taken along Mississippi. Mr. Burns stated this was discussed and rejected by the developer. The traffic study showed this is not necessary. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 14 9. RICE PLAZA UPDATE: Mr. Commers asked if they had approved the Cinnamon Tanning not paying rent. Ms. Dacy stated the original action was made in November 1990. Mr. Burns, Mr. Kordiak, and she met and went through a number of issues with a number of tenants. A motion was made to release the balance of lease payments on T's Hair Plus, but they would make lease payments on the tanning salon. Rent payments will be made next month. 10. REPORT ON TIF PROPOSALS FOR 1991 LEGISLATIVE SESSION: Mr. Burns stated that Mr. Casserly is not on the City's payroll as a lobbyist, but is working being done for MCVA. He does, however, have the City's best interests in mind. Mr. Burns referred to his memo of February 4 regarding 1991 TIF Legislation, in which he summarized the amendments. Of these, there are three proposals that the City would stand to benefit from: 1, 2, and 6. Realistically #1 and #6 have the greatest chance of being considered as part of a package of technical amendments that will be carried forward. Number 2 is regarded as a substantive change rather than a technical change and there may be some delay beyond the 1991 legislature. He stated it is important, but thought that the greatest chance of success will be with technical amendments rather than substantive amendments during this legislative session. Mr. Commers asked what the penalty was for hazardous housing conditions. Mr. Burns stated, to his understanding, in creating any new TIF district, the City would begin to lose LGA. The LGA penalties for the district are for beyond the fifth year. What cities are trying to do is eliminate that penalty for housing redevelopment districts. Item 6 refers to penalties and interest on delinquent properties. The City is hoping to have legislation passed so that the HRA would receive delinquent taxes rather the County. Mr. Commers asked if they could check with the surrounding counties to see where they on this issue. Mr. Pribyl stated legislation passed in 1989 made it a gray enough area so interpretation is legal. Whether Hennepin County uses, he did not know. Y HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 15 11. LETTER REGARDING TAX DELINQUENCY AT LAKE POINTE SITE: Ms. Dacy stated these are information items. Notices have been sent. 12 . MEETING WITH LINVILLE PROPERTIES: Ms. Dacy stated that the property has not been established as a tax increment district. The information is offered for informational purposes. She has not heard from Linville Properties and will not pursue it until more information is submitted. Mr. Prairie asked if any other persons are proposing anything for that property. Ms. Dacy indicated they have a purchase agreement so it may be off the market. Over the past 6-12 months, the City has received a number of calls. Mr. Burns stated that, if this issue arises, the HRA will need to decide if they want to spend excess funds to enhance out- of-district projects. 13. OTHER ITEMS: a. Resignation of Walter Rasmussen Mr. Commers stated Mr. Rasmussen has resigned for medical reasons, and he has asked staff to send a letter to acknowledge his resignation. Mr. Rasmussen has served faithfully for a long time. Mr. Burns sated staff will prepare a plaque for future recognition at a City Council meeting. Mr. Meyer requested that all the HRA members sign the letter. Mr. Burns stated he would write a letter and send it out for signatures. b. Rapid Oil Site Mr. Burns stated he has never received anything formally severing Winfield from the project. His understanding is that Mr. Robertson had received informal word that the principal person involved from that organization was no longer pushing the project. There were some financial commitments made. HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEB. 14, 1991 PAGE 16 Mr. Commers stated staff should check back in the minutes to see if it was completed. Mr. Burns stated he was not aware of commitments that were made by the HRA or City. Mr. Commers stated he thought a good faith deposit was made. Mr. Meyer stated the HRA should discuss this. Mr. Commers requested staff to review the minutes during the negotiations. ADJOURNMENT: MOTION by Mr. Meyer, seconded by Mr. Prairie, to adjourn the meeting. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE FEBRUARY 14, 1991, HOUSING & REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 9:20 P.M. Respectfully submitted, Lavonn Cooper Recording Secretary ACTION ITEMS 1 II Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members FROM: William W. Burns, City Manager , .�" DATE: March 7, 1991 SUBJECT: Agreement for Legal Services with Casserly, Molzahn & Associates, Inc. At the HRA budget session, you asked that we prepare a contract for legal services with Jim Casserly. I have prepared the attached agreement and plan to present it as a decision item at the HRA meeting on March 14, 1991. The agreement essentially defines Jim's services as they have been defined in past contracts, and establishes the fee at $90.00. This is the same fee identified in a contract submitted by Jim on December 1, 1988. We recommend your approval of this agreement. WWB:rsc Attachment 1-A AGREEMENT FOR LEGAL SERVICES BETWEEN THE FRIDLEY ROUSING AND REDEVELOPMENT AUTHORITY (HRA) AND CASSERLY, MOLZAHN & ASSOCIATES, INC. 1. Term of the Agreement: April 1, 1991, through December 31, 1992. 2. Duties and Responsibilities of Casserlv, Molzahn & Associates. Inc. : A. Analyze subsidies requested by developers or offered by the City, including: i. Tax increment analysis; ii. Internal rate of return analysis; and, iii. Pro forma cash flow and balance sheet analysis. B. Assist with any tax increment work, including the following: i. Modify the redevelopment project area; ii. Establish the tax increment district and the tax increment finance plan, including impact analyses; iii. Prepare resolutions adopting the above; iv. Prepare notices of public hearings; v. Attend public hearings to provide support and background; vi. Prepare letters and notices for the School and County Boards; and, vii. Prepare letters requesting certifications and filing documents with the appropriate jurisdictions. C. Assist in the negotiation and preparation of contracts for private development, assessment agreements, special assessment agreements, interest rate reduction programs, revenue notes, and other contractual arrangements between the Fridley HRA and the developer. D. Assist with any debt issuance, including recommendations as to the size, maturity, form and sale of debt as they relate to project analysis. E. Assist with policy analysis and with the review and updating of the tax increment districts. 1-B 3. Compensation: A. Compensation shall be at the rate of Ninety and 00/100 Dollars ($90.00) per hour. B. Casserly, Molzahn & Associates, Inc. , shall submit an itemized statement that clearly accounts for the hours of service provided by Casserly, Molzahn & Associates, Inc. 5. Other Reimbursements: A. Casserly, Molzahn & Associates, Inc. , shall be reimbursed for long distance calls and delivery services, as well as for any filing fees that it incurs on behalf of the Fridley HRA. All other expenses will be included as part of the $90.00 per hour compensation rate. Agreed and entered into this day of March, 1991. CASSERLY, MOLZAHN & ASSOCIATES, INC. By James R. Casserly FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY By Lawrence R. Commers Chairman By William W. Burns Executive Director of HRA 2 • j 1 2 • E3 Community Development Department I= HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housingand Redevelopment Authority Members ;/1. FROM: William W. Burns, City Manager p, A ' DATE: March 7, 1991 SUBJECT: Agreement for Legal Services with Herrick & Newman In addition to preparing an agreement for the legal services of Casserly, Molzahn & Associates, Inc. , I have also prepared a contract for the legal services to be provided by the law firm of Herrick & Newman. In order to determine the hourly rate, we reviewed a list of hourly rates charged by municipal attorneys in various metropolitan area cities. Based upon our review, I am satisfied that $85. 00 per hour is an average hourly rate, and that this is a fair and equitable increase over the $65.00 per hour rate that Herrick & Newman is now receiving. We recommend your approval of this agreement. WWB:rsc Attachment I ` I 2_A . AGREEMENT FOR LEGAL SERVICES BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY AND HERRICK & NEWMAN LAW FIRM FOR CITY ATTORNEY SERVICES 1. HRA Attorney Appointment: The law firm of Herrick & Newman is appointed attorney for the City of Fridley Housing and Redevelopment Authority (hereinafter "HRA") . 2 . Term of the Agreement: March 1, 1991, through December 31, 1992 . 3 . Duties and Responsibilities of the HRA Attorney: A. Attend monthly HRA meetings. B. Advise staff on all legal questions pertaining to the work of the HRA. C. Attend other meetings pertaining to economic development or redevelopment projects upon the request of the City Manager. D. Review contracts and agreements upon the request of the City Manager. E. Perform title work, represent the HRA in property acquisitions and condemnations, and in the sale of property. Perform other work related to the acquisition or sale of HRA property. F. Represent the HRA in other litigation. 4 . Compensation: A. The HRA attorney for the City of Fridley shall be compensated at the rate of $85.00 per hour. B. The HRA attorney shall submit an itemized statement that clearly accounts for the hours of service provided by the HRA attorney. 5. Other Reimbursements: A. Expense advances for recording of deeds, filing fees, charges for documents, and other expenses related to the processing of litigation and property acquisition or sale shall be subject to reimbursement by the City to the HRA attorney. 0 2-B B. All other expenses, such as dues, subscriptions, telephone publications, secretarial services and overhead, etc. , associated with the performance of legal services shall be the responsibility of the HRA attorney. Agreed and entered into this day of March, 1991. HERRICK & NEWMAN Law Firm By Virgil C. Herrick FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY By Lawrence R. Commers Chairman By William W. Burns Executive Director 2 I 3 a 1*---7 Community Development Department I= HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 8, 1991 TO: Housing and Redevelopment Authority FROM: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director SUBJECT: Lake Pointe Appraisal Attached is the proposed letter of agreement to hire Peter J. Patchin to appraise the Lake Pointe property. Mr. Patchin is very familiar with the Fridley area. He has recently completed appraisal work for Medtronic. The proposed contract amount is $5,700. We believe Mr. Patchin will prepare a thorough and detailed appraisal for the HRA. Staff recommends that the HRA approve the agreement as presented. ,, BD:ls M-91-164 1 3. FPOM Peter J. Patchin & Associates MAR. 6. 1991 4:23 PM P 4/6 A QUALIFICATIONS OF PETER J. PATCHIN, AS APPRAISER jARLY HISTORY Born in Minneapolis, Minnesota in 1934. Elementary and secondary educa- tion in Edina, Minnesota public schools. $USINESS EXPERIENCE Cargill, Inc. , Production Trainee, 1956-57. U.S. Army Corps of Engineers, Topographic Mapping, 1957-59. General Mills, Inc. , Staff Engineer, 1959-61. Patchin Appraisals, Inc. , Staff Appraiser, 1961-65. Vice President, 1965-81. Peter J. Patchin & Associates, Inc. , President, March, 1981 to present. $DUCATIONAL WORK Kansas State University, B.S. Degree, with honors, 1956. William Mitchell College of Law, 1977-78 AIREA Courses 1A-1, 1A-2, 1B-1, 1B-2, 1B-3, 2-1, 2-2, 2-3, and 7, all passed during 1980, Litigation Course in 1985. Original AIREA course work passed 1964 through 1968. Currently attends two to three appraisal seminars per year, one to three days duration each. Standards of Professional Practice - 1988. PROFESSIONAL 4PFILIATIONS Member, American Institute of Real Estate Appraisers (MAI) Senior Member, American Society of Appraisers Business Enterprise - Intangible Property Designations (ASA) Member, American Society of Real Estate Counselors (CRE) Affiliate Member, Minneapolis Board of Realtors Licensed Real Estate Appraiser - State of Nebraska PROFESSIONAL PUBLICATIONS "Gross Multiplier vs. Capitalization Rates" - yaluation, November, 1971, Pages 88 - 95. , "Depreciation Methods and Market Experience" - The A»praisal Journal, October, 1980, Pages 503 - 510. "Grain Elevators, Three Approaches To Value" - The Appraisal Jou nal, July, 1983, Pages 392 - 400. "Common Sense About Cash Equivalency" - The Appra4a1 Journal, July, 1985, Pages 340 - 346. "Valuation of Contaminated Properties" - ThejloraigaLlcurni0., January, 1988, Pages 7 - 16. "Market Discounts for Undivided Minority Interests in Real Estate" - Rgal Estate Issues, Vol. 13, Number 2, Fall/Winter 1988, Pages 14-16. COURT EXPERIENCE Qualified in District Courts in Minnesota, Michigan, Montana, and New York Qualified in U.S. Tax Court, State of Minnesota Tax Court, Federal Court, District of Wisconsin Pater J.Patchin&AasneInto.,Inc. w f f FROM : Peter J. Patchin & Associates MAR. 6. 1991 4:24 PM P 5/6 3-8 • QUALIFICATIONS OF PETER J. PATCHIN (Continued) APPMISAL EXPERIENCE Specializing in the appraisal of industrial, commercial and special purpose properties, primarily to estimate market value on land, buildings, machinery and equipment and intangible assets. Appraisal experience on various types of properties include the following: development lands, park lands, industrial river channel lands, utility easements, office buildings, warehouses, factory lofts, shopping centers, hotels, restaurants, service stations, apartment buildings, grain elevators, flour and feed mills, breweries, malt plants, food canneries, bakeries, dairies, bottling plants, schools, churches, hospitals, machine tools, graphic arts plants, iron foundries. Intangible asset experience includes leasehold interests, patents, trademarks, copyrights, mailing lists, goodwill, as well as the valua- tion of the entire business enterprise. A,gPRAISAL CLIENT$ INCLUDE Aetna Life & Casualty Co. Metropolitan Airports Commission Bay State Milling Co. Minneapolis Community Development Agency Burlington Northern, Inc. Minnesota Department of Transportation Cargill, Inc. Minnesota Housing Finance Agency Certain-teed, Corp. Mennel Milling Company Control Data Corporation North Dakota State Tax Commission Farmland Industries, Inc. Northern States Power Company Garnac Grain Co. Pillsbury Company General Mills, Inc. Ralston Purina Company International Multifoods, Inc. Soo Line Railroad Jefferson Company 3M Corporation K Mart Corporation U.S. Internal Revenue Service Krause - Anderson Companies U.S. West, Inc. Louisana Highway Commission University of Minnesota Medtronics, Inc. *The American Institute of Real Estate Appraisers conducts a voluntary program of continuing education for its designated members. MAIts and RM's who meet the minimum standards of this program are awarded periodic educational certification. I am certified under this program through September 15, 1993. - Peter 3.Pstehin&Asroeh►t.s,Inc. FROM : Peter J. Patchim & Associates MAR. 6. 1991 4:25 PM P 6i6 31°C $$URENCES Minneapolis Community Development Agency Suite 700, Midland Square Minneapolis, MN 55401 Contact: Mr. Don Hennessy or Paul Johnson 342-1254 Minnesota Department of Transportation Room 517, Transportation Building St. Paul, MN 55155 Contact: mike strapp 296-8451 City of Shakopee 129 East 1st Avenue Shakopee, MN 55379 Contact: Dennis Kraft, City Manager 445-3650 Cargill, Inc. P.O. Box 9300 Minneapolis, MN 55440 Contact: Joe Fournier 475-7119 Control Data Corp. 8100 - 34th Avenue South Minneapolis, MN 55440 Contact: Pat Conway 853-4950 Land OiLakes, Inc. 4001 Lexington Avenue Arden Hills, MN 55440-0116 Contact: Gary Swoverland 481-2222 t y FROM : Peter J. Patchin & Associates MAR. 6. 1991 11:59 AM P 2/3 3-D Peter J. Pa tchin & Associates, Inc. (612) 895-1205 Valuation Consultants 101 West Burnsville Parkway, Suite 200,Burnsville,Minnesota 55337 FAX (612) 895-1521 • March 7, 1991 City of Fridley HRA 6431 University Avenue N.E. Fridley, MN 55432 Attn: Ms. Barbara Dace RE: Valuation Consulting and Appraisal Services Peter J. Patchin & Associates, Inc. 101 W. Burnsville Parkway, Ste. 200 Burnsville, Minnesota 55337 To whom it may concern: This letter is intended to be a memorandum of understanding con- cerning the engagement of Peter J. Patchin & Associates, In . fo r purpose of rendering valuation consultation and/or appraisal reports. It is understood by both parties that the nature of the assignment is as follows: Type of Property: 40 Acre Redevelopment Site Location: Northwest Corner 1-694 and State Highway 165 Fridley, Minnesota Function of Appraisal/ Consultation: Sale to developer. Estimated Cost of Services Rendered: $5,700 for appraisal report; plus $125.00 per hour for time sub- sequent to delivery of appraisal report. Terms - Total amount due whinterest days charge will date added invoice, 1-1/2% per month to accounts not paid by that time. sr FPOr1 : Peter J. Patchin a Associates MAR. 8. 1991 11:59 AM P 3/3 3_E e . • Retainer Fee - to be paid in advance of commencement of. assignment: None Date: March 7, 1991 Sincerely, PETER J. PATCHIN & ASSOCIATES, INC. 7;;;;› 4.101e7)? 0(‘ 4 Peter J. Patchin, MAX, ASA, CRE President PJP:prj Firm Name: City of Fridley - HRA Individual Responsible: Signature: Peter J. Pi+tebin& Acfiociates. Inc. ,e a i • 4 • RCommunity Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 6, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Consider Approval of Conveyance of Easement to City of Fridley for Mississippi Street Improve- ments on Rice Plaza Property The Public Works Department has submitted to my office the attached easement which conveys to the City of Fridley a 40 foot street, utility, bikeway, walkway, landscaping, and street lighting easement for the Mississippi Street improvements. Anoka County has already received easements for the liquor store property and the Kiffe Automotive property. As you are aware, an easement will also be necessary after acquisition of the Dairy Queen property. Staff recommends that the HRA authorize conveyance of the attached easement. For your information, we have not received a final schedule from Anoka County as to construction; however, we anticipate bids will be taken in June and July with construction beginning in August. John Flora and I will be conducting a property owner meeting prior to the construction start to make owners and shopping center tenants aware of the proposed improvements. BD:ls M-91-155 Easement Corporation(s) to Corporation(s) No delinquent taxes and transfer entered; Certificate of Real Estate Value ( ) filed ( ) not required Certificate of Real Estate Value No. , 19 County Auditor by Deputy STATE DEED TAX DUE HEREON: $ Date , 19 FOR VALUABLE CONSIDERATION, The Fridley Housing and Redevelopment Authority. Minnesota, Grantor, a public body and Corporate politic under the laws of Minnesota, hereby conveys an easement to The City of Fridley. Minnesot4, Grantee, a public body and Corporate politic under the laws of Minnesota, real property in Anoka County, Minnesota, described as follows: See Exhibit A The City of Fridley hereby accepts this easement for the above mentioned purposes. Shirley A. Haapala - City Clerk Subject to reservations, restrictions and easements of record, if any, together with all hereditaments and appurtenances belonging thereto, subject to the following exceptions: FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY BY: Lawrence R. Commers Its Chairman BY: William W. Burns Its Executive Director STATE OF MINNESOTA ) )ss County of The foregoing instrument was acknowledged before me this day of , 1991, by Lawrence R. Comers and William W. Burns, the Chairman and the Executive Director of The Fridley Housing and Redevelopment Authority. Minnesota, a public body and Corporate politic under the laws of Minnesota on behalf of the Fridley Housing and Redevelopment Authority. Signature of Person Taking Acknowledgement Title Tax Statements for the real property described in this instrument should be sent to: THIS INSTRUMENT WAS DRAFTED BY: City of Fridley 6431 University Ave., N.E. Fridley, MN 55432 , • d d 4 li i9h foot street, aZBIBIT A AlI tin9 easement described 443 Minnesotahat , which °f Lot scribed as follows: bikeway/walkway, 20 ginning a which Iles nohe l' SYIv landscaping and street t o feet so° ahPoi� °f onnt thea westerly the following dePlat scribed is so east Anoka 20 feet ting other/point thethe Northwest o nerve of said cribed line: Y, Northeast corner lot 1oec f said Lott 2•• distant ce f said Lo�t and distant there 1 ' • Y d- a • 5 [J Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: February 28, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Award for Bid for Lake Pointe Maintenance Project #218 The HRA, in the 1991 budget, authorized $36,500.00 for the maintenance service to mow and fertilize the grass at Lake Pointe and $7,500.00 for tree/fertilizer maintenance. The bids for this project were received Wednesday, February 27, 1991, and the lowest bidder was Greenmasters Industries, Inc. , with a bid of $27,680.00 for both maintenance projects. Greenmasters Industries, Inc. , bid $25;540.00 for the grass mowing and fertilizer project, $965.00 for tree pruning, and $1,175.00 for tree fertilization. Greenmasters Industries, Inc. , originally had the contract for the maintenance of the site in 1987. Talberg Lawn & Landscape had the contract for the last two years. Jon Thompson from the Engineering Department reports that he is satisfied with Greenmasters' personnel and equipment. Jon Thompson recommends, and I concur, that the BRA should award the bid to Greenmasters Industries, Inc. , at $27,680.00. BD:ls M-91-148 Y 4 t 5-A • • Engineering N Sewer W Y Water Q cc 0 Parks 0 3 Streets V Maintenance W J CC CO MEMORANDUM • TO: �YBarbara Dacy, Community Development Director PW91-63 ' FROM: Jon Thompson, Construction Inspector DATE: February 27, 1991 SUBJECT: Lake Pointe Development Maintenance Project No. 218 Bids were received for Lake Pointe Development Maintenance Project No. 218 on Wednesday, February 27, 1991, at 10:30 a.m. The low bidder was Greenmasters Industries Inc. with a bid of $27,680.00. This included the Base Bid plus Alternates A and B. Attached is a summary sheet showing the plan holders and bid amounts. Please have the HRA approve . the contract award to Greenmasters Industries Inc. for $27,680.00 at the March 14, 1991, HRA meeting. 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W 3a O XO rtCrl 00 .0 C • 0 O 004 CIUh b b » Wx 14 0) .., As 0 0 r44oa > OC 4.1 CO WON • OcO > A •tk WaZ xNt�i) NNa N et'.4W' DATE 03/07/91 CITY OF FRIDLEY - HRA PAGE 1 PROGRAM P008 CHECK REGISTER CHECK RUN BATCH # :0002 002 HRA 6 VENDOR DISC:. JOB DESCRIPTION INV # PO/INV # SEG # PC.NT AMOUNT ACCT NUMBER NMBR MESSAGES 2100 **** CHECK-PREPAID **** A00040 ANOKA COUNTY TREASURER CREATE SEL OF TIF PARCELS 00394-01 52UZGL0.0000 54.00 DR460-20200 ACCOUNTS PAYABLE 54.00 CR460-10100 CASH **** TOTAL VENDOR **** $ 54.00 2101 **** CHECJC-PREPAID **** C00044 CASSERLY LAW OFFICE JAN LEGAL SERVICES 00395-01 521IZ4 0.0000 135.00 ACCOUNTS DR450-20200 PAYABLE 135.00 CR450-10100 CASH JAN LEGAL SERVICES 00395-02 5 Z8B00,0000► 697.50 0R455-20200 ACCOUNTS PAYABLE 697.50 CR455-10100 CASH JAN LEGAL SERVICES 00395-03 52UZB60,0000 1,390.50 DR460-20200 ACCOUNTS PAYABLE 1,390.50 CR460-10100 CASH **** TOTAL VENDOR **** $ 2,223.00 2102 **** CHECK-PREPAID **** F00072 FIRST TRUST AGENT FEES/EXPENSES 00396-01 52fJZ400.0000 758.79 DR383-20200 ACCOUNTS PAYABLE 758,79 CR383-10100 CASH **** TOTAL VENDOR **** $ 758.79 2103 **** CHECK-PREPAID **** F00023 FRIDLEY, CITY OF 1990 EXPENSES 00397-05 52UZ570.0000 277.61 DR450-20200 ACCOUNTS PAYABLE 277.61 CR450-10100 CASH 1990 EXPENSES 00397-06 521J77?0.0600 121.75 i1R450-2(170(1 O(•r•ri}ii9rc anyprd r 121.75 CR450-10100 CASH 1990 EXPENSES 00397-07 52U17M0.0000 410.00 DR450-20200 ACCOUNTS PAYABLE 1990 EXPENSES OCl_t97-0'1 S U 410.00 CR450-10100 CASH 2 ZAPO.0000 32.55 DR460-20200 ACCOUNTS PAYABLE 32.55 CR460-10100 CASH 4TH OTR ADMINISTRATIVE BI 00397-01 52UZCP0,0000 37,451.75 DR460-20200 ACCOUNTS PAYABLE 37,451.75 CR460-10100 CASH 1990 EXPENSES 00397-03 521J1DL0.0000 3,07 DR460-20200 ACCOUNTS PAYABLE 3.07 CR460-10100 CASH 1990 EXPENSES 00397-04 52UZ3D0.0000 144.27 0R460-20200 ACCOUNTS PAYABLE 144.27 CR460-10100 CASH **** TOTAL VENDOR **** $ 8,441.00 2104 **** CHECK-PREPAID **** F00023 FRIDLEY, CITY OF JAN EXPENSES 00398-05 521Z790,0000 30.75 tR450-202(0 ACCOUNTS PAYABLE JAN30.75 CR450-10100 CASH EXPENSES 00398-06 52U79Y0.0000 7.06 DR455-20200 ACCOUNTS PAYABLE JAN ADMINISTRATIVE BILLIN 00398-01 52UZCYf1,00Up 7.06 CR455-10100 CASH 13,108,12 DR460-20200 ACCOUNTS PAYABLE JAN EXPENES13,1►8.12 CR460-10100 CASH 00398-02 52UZDS0.0000 30.00 DR460-20200 ACCOUNTS PAYABLE 30.00 CR460-10100 CASH JAN EXPENSES 00398-03 521ZE20,0000 29. ? DR460-L?iuu ACCOUNTS PAYABLE 29.43 CR460-10100 CASH I r,4TE 0,3ir;7/71 CITY OF FRIDLEY - HRA PAGE PROGRAM P00i8 CHECK REGISTER 6-A CHECK' RUN BATCH # :0002 002 HRA VENDOR DISC. JOB DESCRIPTION INV # PO/INV # SEC) # PCNT AMOUNT ACCT NUMBER NMBR MESSAGES JAN EXPENSES 00398-04 52UZFFO.0000 99.00 DR460-20200 ACCOUNTS PAYABLE 99.00 CR460-10100 CASH JAN EXPENSES 00398-07 52UZFN0.0000 250.00 DR460-20200 ACCOUNTS PAYABLE 250.00 CR460-10100 CASH **** TOTAL VENDOR **** $ 13,554.36 2105 **** CHECK-PREPAID **** Z20113 SHENEHON-GOODLUND-TAYLOR, INC:. LETTER OF OPINION 00399-01 52UZ6W0.0000 800.00 DR450-20200 ACCOUNTS PAYABLE 800.00 CR450-10100 CASH **** TOTAL VENDOR **** $ 800.00 2106 **** CHECK-PREPAID **** B00176 BRIGGS AND MORGAN PROF. ASSOC. LEGAL SERVICE-TAX INC/SCH 00400-01 52UZAYO.0000 96.75 tlR460-20200 ACCOUNTS PAYABLE 96.75 CR460-10100 CASH **** TOTAL VENDOR **** $ 96.75 C00044 CASSERLY LAW OFFICE FEB LEGAL SERVICES 00401-01 52UZ4Z0.0000 495.00 DR450-20200 ACCOUNTS PAYABLE 495.00 CR450-10100 CASH FEB LEGAL SERVICES 00401-02 52UZ820.0000 22.50 DR451-20200 ACCOUNTS PAYABLE 22.50 CR451-10100 CASH FEB LEGAL SERVICES 00401-03 52UZ8H0.0000 1,215,00 DR455-20200 ACCOUNTS PAYABLE 1,215.00 CR455-10100 CASH FEB LEGAL SERVICES 00401-04 52UZCH0.0000 1,201.75 t 460-2O20O ACCOUNTS PAYABLE 1,201.75 CR460-10100 CASH **** TOTAL VENDOR **** $ 2,934.25 2108 **** CHECK-PREPAID **** E00062 ERNST ASSOCIATES MAINTENANCE FOR TREES/SHR 00402-01 52UZAD0.0000 65.00 DR455-20200 ACCOUNTS PAYABLE 65.00 CR455-10100 CASH **** TOTAL VENDOR **** $ 65.00 2109 **** CHECK-PREPAID **** F00023 FRIDLEY, CITY OF FEB EXPENSES 00403-04 52UZ5FO.0000 172.65 DR450-20200 ACCOUNTS PAYABLE 172.65 CR450-10100 CASH FEB EXPENSES 00403-05 52UZ7F0.0000 31.26 DR450-20200 ACCOUNTS PAYABLE 31.26 CR450-10100 CASH FEN EXPENSES 00403-06 521080.0000 345.00 DR450-20200 ACCOUNTS PAYABLE 345.00 CR450-10100 CASH FEB EXPENSES 00403-07 52UZA40.0000 7.06 DR455-20200 ACCOUNTS PAYABLE 7.06 CR455-10100 CASH JAN/FEB PERSONAL SERVICES 00403-01 521JZD50.0000 13,612,62 DR460-20200 ACCOUNTS PAYABLE 13,612.62 CR460-10100 CASH FEB EXPENSES 00403-02 52UZFV0.0000 40.50 DR460-20200 ACCOUNTS PAYABLE 40.50 CR460-10100 CASH FEB EXPENSES 00403-03 52UZG30.0000 185.03 DR460-20200 ACCOUNTS PAYABLE 185.03 CR460-10100 CASH jl it 7 Community Development Department C\ HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 8, 1991 TO: Housing and Redevelopment Authority FROM: William Burns, Executive Director of HRA Barbara Dacy, Community Development Director SUBJECT: Fridley Town Square Redevelopment Plan Amendment On February 25, 1991, the City Council approved Scott Ericson's request to amend the redevelopment plan to add a drive-through window at the west end of the proposed shopping center. City Council placed a number of stipulations on the approval beyond the original 17 stipulations that were approved in June 1990. One of the 18 additional stipulations was to require a $10, 000 letter of credit to be retained for two years to ensure that the double baffle air filtration system from the fast food restaurant performs properly and also that money is available for a traffic study if significant changes in traffic patterns occur. Attached for discussion by the HRA is Jim Casserly's memo regarding the equity participation component of the proposed development contract. Casserly will be present at Thursday's meeting to discuss this in more detail with the HRA. WB/BD:ls M-91-165 h. • a v a • 7-A Casserly Molzahn & Associates, Inc. 215 South 11th Street, Suite 200 • Minneapolis • Minnesota 55403 Office(612)342-2277 • Fax(612)332-4765 MEMORANDUM TO: Fridley H.R.A. FROM: James R. Casserly DATE: March 3, 1991 RE: Update on Recapture Provisions for Town Square Contract In December of 1990, the HRA discussed the concept of having an equity participation for its 250, 000 investment in the Fridley Town Square project. The March 1 , 1991 draft of the Contract between the HRA and Town Square Associates provides for such equity participation. A very brief overview of the Contract is as follows: the HRA would invest 250, 000 (see Section 3. 3) in the project upon the issuance of a Certificate of Completion (see Section 4. 4) . The Developer would have to build the project an deocribed (pee definition of Minimum Improvements) and would execute an Assessment Agreement (see Article IX) stating the minimum market value (see definition of Estimated Market Value) . The HRA investment would be secured by a second Mortgage (see Section 7 .7) . The mechanics for the equity participation are found in Section I, Definitions, and Section VII, Repayment and Security of Equity Investment and would work as follows: Upon the transfer of the project the Net Appreciation of the project would be calculated and would be multiplied by a fraction that represents the ratio of the HRA investment to the Developer investment. The minimum return to the HRA is 100,000 and the maximum return would be 300, 000. The Developer has the option in Section 7.5 of repaying the equity participation with interest over five years. Several issues still need resolution including problems resulting from the HRA Second Mortgage. There will be numerous technical changes but the final contract should be substantially as it appears. 7-B TOWN SQUARE EQUITY PARTICIPATION AGREEMENT 1 . Net appreciation of project x ratio of HRA equity investment to developer' s equity investment. 2. Minimum return to HRA = $100, 000. 3. Maximum return to HRA = $300,000. 4. If sale within 2 years from certificate of occupancy, then 250, 000 is returned. 5 . If project is not sold at the end of 7 years, project is appraised. IIRA receives return based on current appraisal. 6. Net appresciation = sale price - (Developer's investment + 13% return on investment for each year of project life + mortgage balance) . 7 . Repayment to HRA may be amortized with interest over 5 years. MHR 07 '91 12:33 FLIMT61c ;34 :3 tic: 7'C EXAMPLE 1 Project Costs 2, 500, 000 Developer Cash & Net Total Xnv. 350,000 Authority Investment 250,000 Ratio of Authority Inv. to Dev. Inv. 71% Mortgages 2, 000, 000 Cash on Cash Return Rate 13% Sale Price ', 500, U00 Sale Date 2 Years Net Appreciation 59, 000 HRA Repayment 41 ,890 However, the minimum repayment to the Authority is 100, 000. So in this example, the developer receives 50, 000 gross profit for his 350, 000 investment. MAF 0' '91 1C:33 FLINT612_334_3382_ 7_D • EXAMPLE 2 Project Costs 2, 500, 000 Developer Cash & Net Total Inv. 350,000 Authority Investment 250, 000 Ratio of Authority Inv. to Dev. Inv. 71% Mortgages 2, 000, 000 Cash on Cash Return Rate 13% Sale Price 3, 500, 000 Sale Date 7 years Net Appreciation 831 , 500 HRA Repayment 590, 365 The Maximum repayment to the Authority is 300, 000. In this instance, the developer receives a gross profit of 950, 000 for his 350, 000 investment. `� r INFORMATION ITEMS 8 1 CITY OF FRIDLEY FRIDLEY MMUNICII'AL CENTER •6431 UNIVERSITY AVE. N.E. FRIDLEY. MN 55432•(6111 571-3450• FAX (61/1 571-1'_ti7 March 7 , 1991 Dr. Douglas Otto Superintendent of Schools Independent School District #11 11299 Hanson Boulevard N.W. Coon Rapids, Mn. 55433 Dear Dr. Otto: Enclosed is the second and final referendum refund payment, in the amount of $6,426.24 , for payable year 1990. This amount is $7 , 402 . 60 (one half of total) less delinquents of $976. 36. Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14 , 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14 , 805. 20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP/ph I I I l I 4 ® 8-A Oai CITY OF FRIDLEY FRIDLEY MUNICIPAL CENTER •6431 UNIVERSITY AVE. N.E. FRIDLEY,MN 55432 •(612)57I-3450• FAX (612) 571-11_87 March 7, 1991 Dr. Dennis E. Rens Superintendent of Schools Independent School District #14 6000 West Moore Lake Drive Fridley, MN 55432 Dear Dr. Rens: Enclosed is the second and final referendum refund payment, in the amount of $67, 945. 33 , for payable year 1990. This amount is $82 , 268 . 03 (one half of total) less delinquents of $14, 322. 69 . Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14 , 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14 ,805. 20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school s in year budget it would be prudent not to budget as much money the HRA has made a decision on on the amount they will the past until will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP/ph 5 A imi CITY OF FRIDLEY FRIDLEY MUNICIPAL CENTER •6431 UNIVERSITY AVE. N.E. FRIDLEY. MN 55431 •(611)571-345(1• FAX (611) 57I-I387 March 7, 1991 Dr. Conrad (Tim) Rummel Superintendent of Schools Independent School District #13 1400 49th Avenue N.E. Columbia Heights, MN 55421 Dear Dr. Rummel: Enclosed is the second and final referendum refund payment, in the amount of $10, 291.80, for payable year 1990. This amount is $17, 049. 47 (one half of total) less delinquents of $6,757.66. Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14 , 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14 ,805. 20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP/ph I CITY OF FRIDLEY FRIDLEY MUNICIPAL CENTER •6431 UNIVERSITY AVE. N.E. FRIDLEY, MN 55432 • (612)571.3450• FAX (612) 571-1287 March 7, 1991 Dr. Chris L. Huber Superintendent of Schools Independent School District #16 8000 Highway 65 N.E. Minneapolis, MN 55432 Dear Dr. Huber: Enclosed is the second and final referendum refund payment, in the amount of $23 , 809 . 63 , for payable year 1990. This amount is $24 , 179. 32 (one half of total) less delinquents of $369. 68 . Recently, the Fridley HRA has spent much time discussing the amount of discretionary referendum levy monies to return to the school districts. At the February 14 , 1991 meeting the HRA agreed to return the full amount of the discretionary refunds to the school districts for payable 1991. This amount is ESTIMATED to be about $14 , 805. 20, the same as payable 1990, before delinquent taxes are subtracted. After closely analyzing their own financial situation, it is highly likely that the Fridley HRA will put a cap on the amount of discretionary money returned for payable 1992 and the following years. Therefore, when preparing for the 92/93 school year budget it would be prudent not to budget as much money as in the past until the HRA has made a decision on the amount they will return. If you have any questions, please feel free to call me. Sincerely, Richard D. Pribyl Finance Director RDP/ph P 9 [� Community Development Departmen HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members f �' FROM: William W. Burns, Executive Director of HRA 1$, ql' DATE: March 4, 1991 SUBJECT: Response to Suh's Attorney Since the last HRA meeting, I have had Virgil review the suggestions of George Borer, the attorney for Mr. and Mrs. Suh. Virgil, in general, did not feel that the City's legal liability to Mr. and Mrs. Suh was very substantial. He pointed out past case history seemed to indicate that any potential damage the City might have caused to Mr. and Mrs. Suh is not equivalent to other instances where the Courts have held in favor of cities. Virgil also recommended against taking the Suh property out of the Southwest Quadrant tax increment district, and suggested that we do not agree to postpone condemnation for any given period of time. With the benefit of Virgil's recommendations, I called Mr. Borer. In our conversation, I repeated Virgil's recommendations. I also pointed out that if Mr. and Mrs. Suh wanted to make an offer we could not refuse, they were certainly welcome to do so. However, I informed to Mr. Borer that in doing this, we were not proposing beginning negotiations, but were simply saying that we would consider any offer they might want to make. Mr. Borer indicated that he will respond shortly with a proposal from Mr. and Mrs. Suh. We might have a proposal by the next HRA meeting. If you feel that we should proceed in a different direction, please let me know. Thank you for reviewing this matter. WWB:rsc Attachments l Y MEMORANDUM 9-A (' _ Municipal Center Ili 6431 University Avenue N.E. Office of the City Manager Fridley, MN 55432 William W. Burns CITYOF (612) 571-3450 FRIDLEY TO: File FROM: William W. Burns, City Manager . DATE: March 4, 1991 SUBJECT: Suh Property On March 4, 1991, I reviewed Virgil's legal opinion on the Suh property with George Borer on the telephone. I indicated to him that case law did not seem to support the obligations of the Fridley HRA to purchase the Suh property. Moreover, we were constrained by our bond issue from removing the Suh property from the HRA district. Finally, while there was no specific case history, there was other state law that would tend to indicate that the HRA should not give away its condemnation authority or its right to condemn the Suh property until sometime in the future, five years or more away. . I did indicate to Mr. Borer, however, that although the City was not eager to land bank or own the Suh property, we would be happy to consider any proposal that they would make. Mr. Borer indicated that he would prepare something and get back to us soon. WWB:rsc V • . HERRIC1K & sNEW AN 9-B B ATTORNEYS AT LAW Virgil C. Herrick James D. Hoeft MEMORANDUM Gregg V. Herrick Of Counsel David P. Newman TO: William Burns FROM: Virgil C. Herrick ' 1.4, DATE: February 22 , 1991 RE: Request for legal opinion regarding Suh property This Memorandum is in response to your request dated February 20 , 1991, regarding the above subject. You have requested that I review the letter sent to the City by George Borer, attorney for Mr. and Mrs. Suh. I have been asked to comment regarding the options contained in that letter and state my opinion whether the City has any legal liability and whether these options are desirable. You also asked me to respond to a question by Councilman Steven Billings. Mr. Billings has asked whether we would increase our liability if we stipulated that the Fridley Town Square project amendment is to be approved for the relocation of the Burger King restaurant. I will answer both of your requests in this Memorandum. Mr. Borer has asked that the HRA take one of three actions as they relate to the property of Dr. and Mrs. Suh. The first, and preferred action, would be to have the HRA purchase the Suh property. If the HRA declines to purchase the Suh property Mr. Borer has suggested two alternatives. The first alternative would be to delete the Suh property from the HRA redevelopment plan. The second alternative would be for the HRA and/or the City to enter into an agreement with the Suhs that they would not condemn the property for a period of at least five years. In support of Mr. Borer 's request he has indicated that 1) the Suh property has been in the development district for an unreasonable time period; 2 ) that because the property is in a redevelopment district this fact has diminished the owners ' investment expectations; and 3) the property owners need to make improvements to the property in order to attract tenants and that it is not fair to the owners to be required to make investment in the property when they do not know how long they will retain ownership of the property. Suite 205, 6401 University Avenue N.E., Fridley, Minnesota 55432, 612-571-3850 � ' r 9-C William Burns February 22, 1991 Page -2- The Suhs ' basic complaint is that they have been adversely affected by the redevelopment plans of the Housing and Redevelopment Authority. Assuming this to be true it does not create a liability on the part of the City or the HRA. This issue was decided by the Minnesota Supreme Court in the case of Orfield v. Housing and Redevelopment Authority of St. Paul, 305 Minn. 336, 232 NW 2d 923 (1975) . In that case the property owners filed a suit to compel condemnation on the basis of an alleged taking, damaging or destroying of their property. The claim was that the redevelopment had caused them to lose tenants, acquire undesirable tenants and caused difficulty in obtaining caretakers. The property owners also claimed that the action of the HRA had caused them to suffer substantial losses in profits over the preceding years. The Court stated that the petitioners could only be granted condemnation if the HRA's activities constituted a direct and substantial invasion of their property rights and consequent diminution in their property values, that it amounts to a taking. The Court held that under the facts in that case that it did not constitute a taking. In reviewing the facts of the Orfield case it is my conclusion that the damage caused to the property owners in that case was substantially more severe than those involving the Suh property. The Orfield case was followed more recently in the case of Fitger Brewing Company v. The State of Minnesota, 416 NW 2d 200. Again, in the Fitger case, the property owners suffered substantially greater damage by the action taken by the government agency than is true in the Suh situation. I am of the opinion that neither the City nor the HRA has any legal liability as it pertains to the Suh property. Clearly the HRA could enter into negotiations with Dr. and Mrs. Suh and purchase the property. The only requirement would be that the purchase would be for a public purpose. Inasmuch as the property is in a redevelopment district and the HRA is actively pursuing a developer this purchase would be for a public purpose. This would be similar to the HRA having purchased the Rice Creek Plaza and the building housing the Fridley Municipal Liquor Store. A • r e 9-D William Burns February 22, 1991 Page -3- Whether the HRA should purchase this property at this time is an economic decision. The owners may be willing to sell at an attractive price. However, considering the past success in finding a developer, it might be necessary for the HRA to hold the property for a substantial time. In view of the pr esent real estate market I would be reluctant to purchase this property at this time. I do not believe that the HRA can or should delete the Suh property from the HRA development plan. There is a provision in the statute that would authorize an amendment to the boundaries of the development district. However, the HRA has issued bonds and has pledged the properties within the development district as security to the bond holders. I have discussed this matter with Jim Casserly and we both agree that there would be a legal question about removing property that has been pledged to support outstanding bonds . As a second alternative Mr. Borer has requested that the HRA or the City enter into an agreement not to condemn the Suh property for a period of at least five years . Again, I do not feel that the City or the HRA can or should enter into this type of agreement. There are no specific Minnesota cases dealing with the question of whether a municipality may contract away its right to enter an eminent domain proceedings. However, McQuillan on Municipal Corporations, at Section 32 .14, states "a municipal corporation cannot surrender the power of eminent domain conferred upon it nor bind itself to a restricted exercise of the power" . Several cases from other states are cited supporting this proposition. Aside from the specific question of whether a municipality can contract away its eminent domain authority there are two basic rules of law that would apply. The first is that a municipality cannot enter into a contract to surrender its authority granted to it by the legislature. The second basic principle is that one city council cannot enter into an agreement to bind a future council. This general principle does not apply to certain types of contracts but in my opinion would apply to a restriction placed on a future council to exercise a police power or an eminent domain power. 9-E William Burns February 22, 1991 Page -4- Councilman Billings has asked the question whether the City would incur any liability if we stipulated that the Fridley Town Square project amendment is to be approved for the relocation of the Burger King restaurant. The developers of the Town Square project have petitioned the City to amend the development plan to authorize a drive-thru restaurant. At the last council meeting they indicated that they would limit this request to the Burger King restaurant which is presently located in the southwest quadrant of Mississippi and University in property owned by Dr. and Mrs. Suh. Neither the City nor the HRA have done anything to interfere with any contract rights between Burger King and the Suhs. Burger King has come to the City requesting permission to move their business from one location to another. If they have any leasehold obligations with the Suhs that is a matter between private parties. If they do not they are free to move their business to any location that is properly zoned. I do not feel that the City would incur any liability by approving the request of the Town Square developer and Burger King to authorize their location within the Town Square project. VCH lal * F k 1 FINANCE DEPARTMENT 10 MEMORANDUM TO: WILLIAM W. BURNS, CITY MANAGER FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR SHARON PETTING, STAFF ACCOUNTANT SUBJECT: HRA INSURANCE DATE: March 8, 1991 Per the HRA's request, the attached resume of insurance should explain the different insurance coverage the City and the HRA carry. Below I will explain how the premiums which relate to the HRA are allocated. The General Liability premium is based upon the dollar value of the City' s operations. The City's premium is allocated between all the applicable divisions, including the HRA based upon the previous years expenditures. The Municipal Errors & Omissions (Public Officials Personal) Liability premium is allocated based upon the five City Council members, the Department Managers, some Division Managers and the HRA based upon two members. Inverse Condemnation is totally allocated to the HRA due to their greater exposure of this type of claim. The 1991 premium is $3, 282. The HRA is also allocated a portion of T.C. Field's compensation for services fee. The amount allocated to the City Departments and the HRA is based upon the portion of the premium charged for property coverage (the HRA is not allocated a portion of this) and the General Liability premium. T.C. Fields charges us based upon a fee basis versus a commission basis. Their fee for 1991 is $19,721 which is the same fee they have charged since 1985. The premiums for 1991 are on average 3% greater than 1990. The amount which will be allocated to the HRA will depend upon their portion of the total expenditures for 1990. These numbers will not be known until the 1990 financial statement is complete. Hopefully, this will answer any questions they have. RDP/sf Attachment 4 11. ., C) 10-A H u) 0 Obit cd 0 C*. 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HRA COMMISSION MEMBERS FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR PAUL S. HANSEN, ACCOUNTANT SUBJECT: DUTIES OF PROFESSIONAL CONSULTANTS DATE: March 8, 1991 Per the HRA commission's request, at the February 14th meeting, this memo briefly describes the services provided by the professional consultants used by the Fridley HRA. Jim Casserly Project Consultant - Analyzes the Casserly Law Office, P.A. financing options available for specific redevelopment projects. Jim Hoeft HRA Attorney Virgil Herrick HRA Attorney Herrick & Newman First Trust Paying agents for bond issues. They are not consultants. Jim Omeara Bond Counsel. Develops school Briggs & Morgan districts referendum return agreements. Prepares legal work on bond issues and related tax increment district issues. Bob Thistle Financial Consultant - Analyzes Springstead, Inc. bond issue alternatives for HRA, structures them, and takes them to market. Ray Haik His services are used in special Popham, Haik, & etc. litigation cases (i.e. Lake Pointe) . If you have any questions, feel free to call. 12 OF:72J Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley March 7, 1991 Mr. Walter Rasmussen 7806 Alden Way N.E. Fridley, MN 55432 Dear Walter: It is with sadness that we receive your letter of resignation. As we accept it:, we would like to thank you for your 8 1/2 years of service to the Fridley Housing and Redevelopment Authority, and wish you a speedy recovery from your illness. our thoughts will be with you in the days and months ahead. Sincerely, Lawrence R. Commers Chairman, Fridley HRA /rsc . • , 1 1 13 nEJ Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Winfield Development At the February 14, 1991 HRA meeting, Chairperson Commers inquired as to whether or not the City owes any money to Winfield Development. I have researched the file and conferred with Jim Casserly, and we have found two memos which required Winfield Development to submit $20, 000 as "a fee" to defray attorney and staff expenses for the 57th Place redevelopment project. Winfield paid the HRA $2,500 in 1989. The remaining sum of $17,500 was to be paid upon execution of a development contract. Because the development contract was not executed, Winfield did not forward the remaining $17, 500. BD/dn M-91-156 14 nit Develo me nt De artment Commu y p P HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley TO: Housing and Redevelopment Authority Members FROM: William W. Burns, Executive Director of HRA ,�, DATE: March 7, 1991 SUBJECT: Rapid Oil Site Since the last HRA meeting, I met with Jack Lemley of Ashland Oil to discuss the possible HRA acquisition of the Rapid Oil site on University Avenue. Mr. Lemley indicated that Ashland Oil would be a reluctant seller of the site. He did say, however, that they would consider any offer we made. He also indicated that he was willing to hold off on the company's request for rezoning and a special use permit until we had time to conduct an appraisal and make an offer. In order to begin the process, I have asked Barbara Dacy to employ Denny Taylor, an MAI appraiser, to develop an appraisal price for the Rapid Oil site. It should be available within three to four weeks. Additionally, I have asked Chuck McKusick, Fire Chief, and John G. Flora, Public Works Director, to evaluate the Delta environmental report that was prepared for Ashland Oil and the MPCA. Although this is somewhat a rehash of old material, I would like to see for myself whether or not we can come up with a better idea of what the cleanup costs are for the Rapid Oil site. I have attached a memorandum to the file regarding my meeting with Mr. Lemley, and a memorandum to John G. Flora and Chuck McKusick for your review. Although I will probably be absent from the meeting on March 14, 1991, I would like to know whether or not my direction is consistent with your sense of direction on this issue. WWB:rsc Attachment c 0 0 MEMORANDUM 14-A S Municipal Center le 6431 University Avenue N.E. Office of the City Manager Fridley, MN 55432 William W. Burns CITYOF (612) 571-3450 FRIDLEY TO: File FROM: William W. Burns, City Manageri"a V DATE: February 28, 1991 SUBJECT: Meeting Jack Lemley of Ashland Oil - February 27, 1991 At approximately 4:10 p.m. , I met with Jack Lemley of Ashland Oil to discuss the possible HRA acquisition of the Rapid Oil site on University Avenue. We discussed the following during our meeting: 1. Mr. Lemley indicated that they had done little or nothing to accomplish the cleanup of the site. They are waiting for the City to tell them whether or not the City will rezone the property and allow them to reconstruct their Rapid Oil business. 2. I did not get any other information regarding the expected costs of the cleanup of the Rapid Oil site. Mr. Lemley said that in a "worse case scenario" they would spend $300,000 to $500,000 to correct the problems. He also said that on occasion, it has taken five to ten years. 3. Mr. Lemley indicated that they would be willing to enter into a negotiated sale of the site if the price was right. He pointed out, however, that their primary objective is to use the site for Rapid Oil. They are a reluctant seller. 4. Mr. Lemley and I agreed that I would prepare an offer to Ashland Oil that was based primarily upon an appraisal. He agreed that the application for rezoning of the special use permit could wait until it is known whether or not Ashland Oil is willing to consider the offer we develop. 5. I asked Mr. Lemley how much he thought they were going to invest into site improvements. He said that in the past, they talked about a figure of $200,000. He said he could check to determine how much they are currently expecting to put into the site. In general, I think we had a very cordial meeting. Mr. Lemley did say that they are not going to sell the site for $200,000, and that any offer we make should be substantially higher. WWB:rsc cc: Barbara Dacy, Community Development Director MEMORANDUM 14-B tjfe Municipal Center 6431 University Avenue N.E. Office of the City Manager ` J Fridley, MN 55432 William W. Burns CIIYOF (612) S71-3450 FRIDLEY TO: John G. Flora, Public Works Director Chuck McKusick, Fire Chief FROM: William W. Burns, City Manager DATE: March 4, 1991 )1 SUBJECT: Rapid Oil Site / John and Chuck: As you are probably aware, I am trying to develop recommendations regarding the Rapid Oil site. The question is whether or not we want to purchase the site rather than let Ashland Oil rezone it and build a new Rapid Oil store. Please note the attached report regarding soil contamination which was prepared by Delta Environmental Consultants as a result of investigation conducted in 1989, and the letter from David Fawcett from the MPCA regarding amendments to the corrective actions that are needed on the site. I have not had anyone evaluate the report from Delta Environmental Consultants or the letter from the MPCA. My question to both of you is whether we would benefit by having a consultant of our own review the report from Delta Environmental Consultants and the letter from the MPCA and answer the following questions: 1. Can we determine from the Delta report, the letter from the MPCA, and the information we already have, whether this will be an expensive clean-up? 2. If it is an expensive clean-up, approximately how much will it cost? 3. Based upon what is contained in the report from Delta Engineering, is the contamination area a relatively small contamination area that can be easily cleaned up? 4. What kind of expenses would a consultant see doing the kind of remedial action suggested in the Delta Engineering report and the MPCA letter? II i II , , 14-C Memo to John G. Flora and Chuck McKusick March 4, 1991 Page Two 5. Are there other typical gas station clean-up projects? If so, what are the costs for a typical gas station to clean up from leakage of their fuel tanks. My overall objective is to get a better assessment of the kind of financial vulnerability we would buy into if we were to obtain title to the property. Also if we condemn the property and proceed to buy it, we would want to make sure that the cost of clean-up is reflected in the condemnation price. Therefore, we would want to go into a condemnation proceeding with some kind of idea of the clean-up costs. Thank you for looking at this with me. Please let me know whether you have any ideas. Thank you. WWB:rsc 15 07-Mar-91 RICE PLAZA 1991 RENT JANUARY FEBRUARY MARCH TOTAL NORGE VILLAGE 1,100.00 1,100.00 1,239.56 3,439.56 METZ BAKING 702.98 755.63 1,458.61 CHILDREN CHARM 445.02 445.00 890.02 HONG KONG KITCHEN 752.97 805.63 1,558.60 MY SISTER'S CLOSET 793.74 793.74 T'S HAIR PLUS 800.00 800.00 CINNAMON SKIN TAN 0.00 RAPIT PRINTING 897.14 889.00 1,786.14 TOTAL 3,453.09 5,589.02 1,684.56 10,726.67 YEAR TO DATE 9,042.11 10,726.67 10,726.67 16 111 / Community Development Department I HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: Housing and Redevelopment Authority FICI4: William Burns, Executive Director of HRA Barbara racy, C mmunity Development Director SUBJECT: Various Meetings Here is a summary of meetings that we have had in the last month regarding HRA redevelopment sites or issues: 1. January 29, 1991 - We net with Roger Derrick of Derrick Companies, a real estate developer, and Don Patton, a realtor from Realty Center, on behalf of the Cottage Homesteads of America, Inc. The president of Cottage Homesteads is Michael Saxton. His company is the original founder of the "Cottage" concept. This company is not related to John Arkell's proposal; however, the concept is generally the same. The concept is to provide one story clusters of 3-4 units for the younger senior who is still mobile and active. They inquired as to potential development sites within the community. We advised them that the HRA is still in the planning process for the University Avenue Gateway area and the area in the northeast corner of Rice Creek Road and Central Avenue. We spoke to them regarding the City's recent history regarding the Arkell application and advised them it would be important to differentiate between this ocetpany and the Arkell proposal. We provided them with basic information regarding these sites but we have not heard from them since our meeting in January. 2. February 6, 1991 - We met with Arne Gregory, Vice President of SCA Development, Ltd., a subsidiary of CanAmerican Corporation, and Laura Pioske of Miller & Schroeder Financial, Inc., regarding the Village Green housing complex. Gregory's company is one of three partners of the limited partnership wing the ply. CanAmerican also is the management company for the property. Apparently, one of the partners wants to sell his portion of the partnership. Currently, the three partners are negotiating the sale. Giwory's inquiry to the HRA was whether or not we were interested in becoming one of the partners or participating in a proposal that was put forth by Bob Boisclair in the simmer of 1990. We asked that they keep us informed of the progress of their negotiations; and when more information has become available, we will approach the HRA. 3. We have also been contacted by the Everest Company and Opus Corporation regarding the status of the Lake Pointe site. WB/BD:is M-91-159 i • • 16-A 0.1 . : w, !` ` • '� • 2.. I-. • . . . Ilir " s,• r' -' t �, �,� a, . :r. 7 1 IT i II . qqq .r ....7°,... II • PP 4. 1. - :? J, mob, - - • + t i Ci • ,.;. • - t•- .•-. /Ilia ,, 1 3t a �3 t [ : . �, ; L�J �� Y 17 Community Development Department r---\ HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: William Burns, City Manager FROM: Barbara Dacy, Community Development Director SUBJECT: LRT Preliminary Comments The Anoka County Regional Rail Authority has asked the City to provide them with informal comments regarding the proposed LRT system in Fridley. Of importance to the HRA is that the proposed park-and-ride sites do not directly affect identified redevelopment project areas. The park-and-ride sites are proposed at = ,e northeast corner of 53rd Avenue and the southeast corner of 57th Avenue along University Avenue, as well as in the northeast corner of Mississippi Street. The Mississippi Street LRT station issue was resolved by Anoka County committing that it will be a walk-and-ride and a kiss-and-ride so as to not affect the Fridley Town Square Redevelopment project. Anoka County promised it will not acquire single family homes in the area for a park-and-ride site. However, at 53rd and 57th Avenues, Anoka County is proposing to acquire the blocks bounded on the east by 4th Street, south of 57th, and north of 53rd, and east of University Avenues. If any of the commissioners have more s_ _ _fic questions regarding the alignment, I would be happy to try and answer those questions at or after the meeting. Reduced copies of the proposed plans are not yet available. BD/dn M-91-158 a a • a 17-A • nEE1 Community Development Department PLANNING DIVISION City of Fridley DATE: February 28, 1991 TO: William Burns, City Manager FROM: Barbara Dacy, Community Development Director Department Managers SUBJECT: Preliminary LRT Comments for Environmental Impact Statement and Preliminary Design Plan On February 15, 1991, the Anoka County Regional Railroad Authority transmitted to our office the preliminary design plans for the LRT system in Fridley, as well as the schedule for review of the EIS and the preliminary design plans. The ACRRA is requesting that we submit "informal comments" in order to identify critical issues or concerns that we may have regarding the proposed alignment. The ACRRA noted that the "official" review and comment opportunity will begin with the submission of the Environmental Impact Statement to the cities on April 1, 1991. Process In order to respond to Anoka County's request for informal comments as well as to initiate a process for an adequate review and comment period by residents and businesses, we have developed a review process to include staff members and the general public. The attached comments have been developed by our Department Managers reviewing the preliminary design plans. We have identified recommended goals for each station area as well as pertinent comments for physical planning issues along the alignment. After the City Council reviews these initial comments on March 4, 1991, it is intended that the Planning Commission will review these comments on March 13, 1991. Due to budget cutbacks, ACRRA staff is available for one neighborhood meeting instead of the originally planned two. We have scheduled one meeting on March 19, 1991 to meet with property owners immediately affected by the park-and-ride sites at 53rd and 57th Avenues. These two station areas will encounter the most amount of change. We also recommend that another neighborhood meeting be conducted in April for all property owners along the alignment. As a result of the comments developed by staff, City Council, commissions, and the neighborhood meetings, the City should have 4 17-B LRT EIS February 28, 1991 Page 2 a good basis to evaluate the draft Environmental Impact Statement when it is submitted in April of 1991. We may find it necessary to conduct follow-up meetings with the property owners later in the spring or summer. Plan Comments Attached are goals and comments for each of the station areas that are located along University Avenue. In analyzing each station area, we have used a radius of 1/4 to 1/2 mile around the proposed station site. We have also developed a list of questions that we would like Anoka County to be prepared to address at neighborhood or other public meetings (some of these questions may be addressed in the EIS) . Also, in reviewing the station area plans, we used the City Council comments from their meeting on November 26, 1990 as a guide. The plan sets we received are too large for reproduction. We will have them available at Monday's meeting. Recommendation The City Council should review the attached goals and comments and recommend any changes. BD/dn M-91-137 17-C 53RD AVENUE STATION AREA Goals: 1. No change or intensification of existing development is recommended, but there is a need for housing rehabilitation in the area. A number of multiple family structures are located in the area which need rehabilitation. 2. Pedestrian and bikeway/walkway access must be promoted from single and multiple family properties on both sides of University Avenue to the park-and-ride site. This includes off-street sidewalks/bikeway/ walkways along 53rd Avenue, 49th Avenue, and 44th Avenue. We need to finalize with Anoka County and MTC the proposed east/west feeder bus transit routes. Either a shuttle system or the feeder system should provide connections to the industrial area along Main Street and the Lake Pointe site on the other side, and the Target and Menard's area on Highway 65. This system would serve about 850 - 1,500 employees. 3 . Evaluate development opportunity at Naegele site and the vacant property adjacent to it. 4 . ACRRA should address the need for two station areas at 53rd and 57th Avenues. Are both needed during initial construction of the system or can one be constructed prior to the other. 17-D 53RD AVENUE PARK-AND-RIDE SITE COMMENTS 1. Two commercial properties are proposed to be removed; no residential homes along 4th Street are proposed to be removed. 2. The plan apparently is assuming removal of the partial alley that exists and reconfiguration of garages that are currently located along the alley. 3. Two accesses are proposed on 4th Street. If possible, the northern most access should be removed and connected to the east bound I-694 ramp. If ramp access is not possible, the southerly most access to 4th Street should be maintained. Another alternative is to acquire the seven residential properties along 4th Street as is proposed on 57th Avenue. 4 . Proposed screening should be consistent with zoning ordinance requirements. A 6 foot fence with 1 tree per 50 feet along common boundaries should be constructed to the rear of residential properties. A 20 foot setback should be provided along the public right-of-way of 4th Street, with a 3 foot hedge or berm and 1 tree per 50 feet around perimeter of parking lot exposed to public right-of-way. Lighting should be a neighborhood size, less than 20 feet, high pressure sodium, a shoe box, or Kimlite design. Interior landscaping should also be provided. Parking spaces may be striped at 9 feet wide but with a double stripe. 5. Pedestrian and bikeway access to the neighborhood to the east should be provided as well as coordination with the City of Columbia Heights for a sidewalk along 53rd Avenue. 6. Requirements of the Six Cities Watershed District must be met. 7. Station buildings should be handicap accessible, provide bike racks, adequate bathroom facilities, and a call box for 911. I 17-E 57RD AVENUE STATION AREA Goals: 1. The area north of 57th Avenue to 61st Avenue and on to 4th Street has been identified as a potential redevelopment site for housing or a mixed use project of housing and a commercial node at the 57th Avenue intersection. The redevelopment would be compatible with LRT as it would provide easy mass transit access for those who desire it. 2. Feeder bus system needs to be further defined and should include Holiday Plus, the industries along Main Street and the Lake Pointe site, and the service/retail uses along 57th Avenue on the west side of University Avenue. 3 . Pedestrian and bikeway access across University Avenue should be provided. 57TH AVENUE PARK-AND-RIDE SITE COMMENTS 1. Six residential structures will be removed (need to confirm # of units) plus two commercial properties. 2 . Same site plan comments as was identified on 53rd Avenue, except that a screening fence will not be needed. A shorter decorative fence may be appropriate along 4th Street. 3 . A driveway access to the frontage road in the extreme southeast corner of the site should be considered, if an access to I-694 ramp cannot be approved. a 17-F • MISSISSIPPI STREET STATION AREA Goals: 1. Promote pedestrian connections across University Avenue. Coordinate bikeway/walkway access into the northeast corner if it is redeveloped. 2 . Address the fire and police access issues as defined below. 3 . Design elements of station need to be consistent with University Avenue corridor design plans. MISSISSIPPI STREET WALK-AND-RIDE SITE COMMENTS 1. Anoka County should provide the bikeway/walkway in addition to the sidewalk located at the northeast corner. 2 . The frontage road must be retained in front of the Fire and Police stations. The Police Department uses the emergency access to University Avenue twice a day (730 times a year) . The Fire Department uses that access also on a daily basis. Plans indicate a discrepancy. A. What is distance between front of station and relocated frontage road? B. What will frequency of trains be at this intersection? C. What will the elevation of the tracks be? Will emergency vehicles be able to drive over them easily? D. Can the City pre-empt the LRT system as is done now in opticom system? E. What type of safety/warning sign apparatus can be installed at emergency vehicle crossing? 3 . Do long-term plans include only 20 drop-off spaces along Mississippi Street in the northeast quadrant? 4 . The design plans did not appear to show the improvements to Mississippi Street which are proposed for 1991. Location of the bus drop-off spaces should be located an adequate distance from the intersection to not interfere with pedestrians and bicyclists. Further, because a new shopping center will be located in the northeast corner, the City will be monitoring traffic operations on Mississippi Street. ACRRA should also monitor traffic use to insure proper placement of bus drop- off sites. * J• 1 18 1 I/ Community Development Department HOUSING AND REDEVELOPMENT AUTHORITY City of Fridley DATE: March 7, 1991 TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Status of Kiffe's Automotive Jack Kiffe from Kiffe's Automotive notified me that he wants to sell his automotive business and vacate the building on Mississippi Street. Kiffe is leasing the building from the HRA on a month-to- month basis. Kiffe has advertised his business for sale, and has received initial inquiries. We advised him that the maximum amount of time we would be able to lease the building to a new tenant is one year. We would also charge the same amount of rent, which is $650.00. We conferred with Jim Kordiak, our Property Manager for Rice Plaza, regarding the lease amount per month. He advised us that it was a reasonable rate, and given the condition of the building and the change of access that will occur after the Mississippi Street improvement project, the current lease rate is appropriate. Kiffe has made his rental payments on time, and he has agreed to provide us with a 30 day notice to vacate. If a new tenant is to be located within the building, the lease will need to be presented to the HRA for final action. BD/dn M-91-157