HRA 03/14/1991 - 29619,�-�,
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CITY OF FRIDLSY
HOIIBING & REDLVELOPMENT AIITHORITY MELTING, MARCB 14� 1991
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CALL TO ORDER•
Chairperson Commers called the March 14, 1991,
Redevelopment Authority minutes to order at 7:35 p.m.
ROLL CALL:
Members Present:
Members Absent:
Housing &
Larry Commers, Virginia Schnabel, John Meyer,
Duane Prairie, Jim McFarland
None
Others Present: Barbara Dacy, Community Development Director
Jim Hoeft, HRA Attorney
Rick Pribyl, Finance Director
Paul Hansen, Accountant
Jim Casserly, Consultant
Mr. Commers welcomed Mr. McFarland to the Housing and Redevelopment
Authority. He stated the other members are looking forward to
working with him, and they hope he finds the HRA interesting and
challenging.
APPROVAL OF FEBRUARY 14. 1991, HOUSING & REDEVELOPMENT AUTHORITY
MINUTES•
MoTION by NIr. Prairie, seconded by Mr. Meyer, to approve the
February 14, 1991, Housing & Redevelopment Authority minutes with
the followinq amendment on page 2, paragraph 7: Mr. �se� Pribyl
stated i�s -_L '"the Johnson Printing parcel is in 5chool
District #14, and�the Skywood Mall parcel is in School District
#13.
IIPON A VOICE VOTE, ALL VOTING AYE, CHAIRPBRBON COI�IIyIERB DECLARED
THE MOTION CARRIED AND THE MINQTLS APPROVED A8 AMENDLD.
1. WRITTEN CONTRACT WITH CASSERLY LAW OFFICE P.A.:
MOTION by Mr. Meyer, seconded by Ms. Schnabel, to approve the
Agreement for Legal Services between the HRA and Casserly Law
Office P.A.
Mr. Meyer stated that in both this agreement and the one with
Herrick & Newman, there is no definition of who does the work.
Is there any need to define more fully who does the work at
what rates?
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HOUSIN�3 & REDEVELOPMENT AIIT80RITY METTIN(�, MAR. 14. 1991 PAGE 2
2.
3.
Mr. Casserly stated that he and his partner both charge the
same rate and just simply allocate the work depending on
whether it is financial or legal. There is really no need to
define it further.
Mr. Hoeft stated it is the same with Herrick & Newman. All
staff time is absorbed into the hourly rate.
IIPON A VOICE VOTL, ALL VOTING AYR, CHAIRPER80N COMMERS
DLCLARED T8E MOTION CARRIED IINANIMOIIBLY.
TnIRITTEN CONTRACT WITH VIRGIL HERRICK:
MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve the
Agreement for Legal Services between the HRA and Herrick &
Newman Law Firm for City Attorney Services.
Mr. Prairie asked how the increase in hourly rates would
affect the HRA's budget.
Ms. Dacy stated that the amount estimated in the budget and
presented to the HRA at the February meeting is adequate to
cover the increase in rates.
IIPON A VOICE VOTL� ALL VOTING AYR, CHAIRPERSON COMMERS
DECLARED T8E MOTION CARRIED IINANIMOIISLY.
APPROVAL OF CONTRACT FOR APPRAISAL OF LAKE POINTE:
Mr. Commers stated that at the February 14, 1991, meeting,
the HRA approved the retention of an appraiser to appraise
the Lake Pointe property for the HRA's information and for
discussion with the Lake Pointe developer. The contract for
appraisal is with Mr. Peter Patchin.
Ms. Dacy stated she would like Mr. Casserly to review the
process that led up to the selection of Mr. Patchin.
Mr. Casserly stated he talked with about ten different
economic development directors, developers, condemnation
counsel, and developer counsel. He asked them to put together
a list of names of people they actually work with and would
recommend and to prioritize the list. He then put together
a matrix, found out who was recommended most, and came up with
six names. The City staff contacted and interviewed those six
people and selected the one who came in with a reasonable
price within the reasonable time period.
Mr. Commers stated he has worked with Peter Patchin in the
past, and he is a highly thought of appraiser in the City of
Minneapolis.
,�•.� HOIISING & REDSVELOPMENT AIITHORITY MEETINa, MAR. 14, 1991 PAGE 3
MOTION by Nlr. Prairie, seconded by Ms. Schnabel, to approve
the contract for appraisal of Lake Pointe with Peter J.
Patchin.
Mr. Meyer stated Mr. Patchin's estimated cost is $5,700 for
the report plus $125/hour. Under what circumstances can the
costs escalate beyond the "estimated" cost of services?
Ms. Dacy stated that as far as the hourly rate, that rate is
within $10 of the other people they interviewed. Appraisers
of that status charge from $125-135 per hour, so the $125 per
hour is not out of line for an MAI appraiser.
Mr. Casserly stated he believed the $5,700 would include the
report and a presentation to explain the report. If he is
asked to do more than that, then he would charge the
additional hourly rate.
Mr. Commers stated he believed the $5,700 would include the
preparation of the basic report but would not include
testimony or condemnation testimony.
Ms. Dacy stated it is staff's understanding that Mr. Patchin
could do the work for $5,700. If the HRA wanted to make that
!'�, stipulation in the motion, that would be fine.
4.
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Mr. Commers stated that he expected that when Mr. Patchin gets
the basic preliminary appraisal done, staff or the HRA will
have an opportunity to talk to him before he prepares his
final draft of that appraisal. Staff should make sure that
Mr. Patchin understands that.
IIPON A VOICE VOTE� ALL VOTING AYE, CHAIRPLR80N COMMLRB
DECLARED THS MOTION CARRIED UNANIMOIIBLY.
APPROVE CONVEYANCE OF EASEMENT TO CITY OF FRIDLEY FOR
MISSISSIPPI STREET IMPROVEMENTS:
Ms. Dacy stated the Public Works Department notified her just
that afternoon that they want to change the grantee for the
easement from the HRA directly to Anoka County. The original
easement was to be given to the City of Fridley. The HRA had
received an updated memo from John Flora at the meeting.
Staff has submitted a new easement document for the HRA.
Ms. Dacy stated the purpose of the easement is that Anoka
County is proposing to construct a street widening project on
Mississippi Street from 5th Street east of University Avenue
over to 2nd Street west of University. In order to do that,
Anoka County needs approximately 40 feet of additional right-
of-way along the south of Mississippi Street. Anoka County
has already received easements from the HRA on the liquor site
,.-.� HOIISING & REDBVELOPMENT AIITSORITY MEBTING, MAR. 14, 1991 PAaE 4
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and Kiffe Automotive site. The purpose of the approval is to
convey the easement directly to Anoka County. Last to convey
to Anoka County will be the easement pertinent to the Dairy
Queen property. Staff is still negotiating with the Dairy
Queen owner and that easement will have be conveyed after that
property is acquired.
Ms. Dacy stated staff is recommending the HRA authorize
conveyance of this easement to Anoka County.
Mr. Hoeft stated the legal description as provided by the
County referenaes a 40 foot easement. Technically, it is not
a 40 foot easement. Because of the nature of the roadway, it
runs from 20 feet to 40 feet. He did not want any confusion
with the 40 foot easement request where only 20 feet is
needed.
Ms. Dacy stated she is going to contact the Anoka County
Right-of-Way Specialist and discuss this. Mr. Hoeft has
suggested that 40 feet be erased in that description.
Mr. Commers agreed. There is a running description; and if
the 40 feet is not correct, then it should be changed or taken
out.
Mr. Hoeft stated a concern he had regarding the Dairy Queen
site is that, if for some reason the proposed purchase of the
Dairy Queen site is not accomplished, how accommodating is the
owner going to be for deeding over the 40 foot easement and
will this happen in a timely fashion?
Mr. Commers asked about the status of acquiring the Dairy
Queen site.
Ms. Dacy stated that after the February meeting, she made an
offer to Mr. Fitch, owner of the Dairy Queen. Mr. Fitch is
still investigating acquiring the vacant Amoco station at the
corner of Osborne and University Avenues. He will get back
to her with a counter-offer on Tuesday, March 19.
Mr. Commers asked when the County intends to start physically
making the improvements.
Ms. Dacy stated the physical improvements will begin in August
1991.
Mr. Commers stated that if the HRA would have to condemn the
40 foot easement in front of the Dairy Queen property, with
, a quick take type of condemnation, they would need 90-120
^ days. They need a decision from Mr. Fitch by April l;
otherwise, they will have to start the wheels in motion for
condemnation.
80IISINa & REDEVELOPMENT AIITHORITY MESTINa, MAR. 14, 1991 PAGE 5
Ms. Dacy stated she understands that, and she made that clear
to Mr. Fitch. He plans to make a decision by March 19. She
stated Mr. Fitch has been very cooperative. He wants to get
the deal completed, but also wants to wait for more
information regarding the Amoco station site.
MOTION by Mr. Prairie, seconded by Ms. Schnabel, to approve
the conveyance of easement to Anoka County for the road work
and widening of Mississippi Street west of University Avenue.
IIPON A VOICE VOTE, ALL VOTIN(i AYE, CHAIRPER80N COMMERB
DECLARED THE MOTION CARRIED UNANIMOIIBLY.
Mr. Commers stated that staff should discuss the 40 foot
statement with Anoka County.
5. APPROVE AND AWARD BIDS FOR LAKE POINTE MAINTENANCE PROJECT:
Mr. Commers stated the HRA had received a copy of the bid from
Greenmasters Industries, Inc., in the amount of $27,680 for
the maintenance service to mow and fertilize the grass at Lake
Pointe and tree/fertilizer maintenance.
�� Ms. Dacy stated that at the January 10, 1991, HRA meeting,
Mr. Meyer had asked staff to check to see if the maintenance
service contract includes weed control to preserve the
investment put into the lawn. She stated she did check and
weed control is included in the maintenance service contract.
MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve the
bid and award the contract for Lake Pointe Maintenance Proj ect
#218 to Greenmasters Industries, Inc., in the amount of
$27,680.
IIPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS
DECLARED THE MOTZON CARRIED IINANIMOIISLY.
7. ESTIMATESfCLAIMS:
MOTION by Mr. Prairie, seconded by Mr. Meyer, to approve the
check register, #2106 - 2114, dated March 7, 1991.
IIPON A VOICE VOTL, ALL VOTING AYL, CHAIRPER80N COMMERS
DLCLARED THE MOTION CARRIED IINANIMOIIBLY.
8. UPDATE ON FRIDLEY TOWN SOUARE DEVELOPMENT AGREEMENT:
Ms. Dacy stated Bill Burns has written a separate memo that
the HRA had received at the meeting. It describes in more
^ detail the Council's intent for approving the redevelopment
,.� HOIISINa & REDEVELOPMENT AIIT80RITY MEETINa. MAR. 14. 1991 PAGE 6
project at their February 25, 1991, Council meeting. The
redevelopment project was approved on a 3-2 vote.
Ms. Dacy stated that Mr. Casserly will talk about one of the
components of the redevelopment, the equity participation
component.
Mr. Casserly stated staff again needs some direction from the
HRA of whether staff should keep pursuing this equity
participation concept. The final form will definitely depend
on a number of factors, not the least of which are the various
kinds of security arrangements that have to be acceptable to
the HRA and the underwriters in this project. At this point,
he is not certain if the proposed security arrangement, the
concept of the second mortgage, is going to be acceptable to
the investment bankers financing this project. He suspected
this project still has a 20-30% chance of not going forward.
Mr. Commers stated he believed the HRA has already approved
the equity participation concept, and it was just a question
of what the numbers were going to be.
Mr. Casserly stated this project has been around for about a
year. The original concept essentially agreed upon by the HRA
�`� was that the HRA was going to participate because it was a
redevelopment project. The reason the project qualified for
HRA assistance was because the site costs were unduly high.
At that time, it was no risk to the HRA. It was going to be
done as a limited revenue note. The developer was going to
finance the project 100%, and the HRA was going to help assist
the public purpose part by returning to the developer taxes
he paid over a period of years.
Mr. Casserly stated that market conditions then changed,
preleasing requirements increased, and financing became
extremely difficult. The developer worked on the project
through the summer and fall and came back to the HRA
and requested that the pay-as-you-go or revenue note approach
was not going to work, that the under-writers in the project
were requiring that additional cash be put in up front, and
that it was not adequate to be receiving those sums over a
period of years.
Mr. Casserly stated the HRA discussed this at some length,
and the HRA agreed that they would change their financing
approach and that they would assist the developer with up
front cash input. At that meeting, he recommended to the HRA
that there nothing unusual about the HRA operating in that
fashion. But, because of the nature of the project, because
,� of its location, and because now the HRA was enduring a
greater risk, the HRA thought they should have an extra little
potential of getting something back out of the project. The
,,...� HOUBINa & REDBVELOPMENT AIITHORITY MELTIN�3, MAR. 14, 1991 PAGE 7
tax increment that the project would generate would repay the
HRA in full its $250,000 investment, and it would take 8-9
years or 10-13 years, depending on whether they create a new
district that would be attached to the existing redevelopment
district.
Mr. Casserly stated that the way the project is designed, even
if that second district is not created, there is enough
project in the existing redevelopment district that all the
tax increment from the taxes of some 12-13 years would
completely reimburse the HRA for its $250,000 investment in
the project. It is important that they keep that concept in
mind, because when they go on to the recapture and the equity
participation, that amount is over and above any tax increment
they are getting out of the project. And, that is the issue
before the HRA.
Mr. Casserly stated that in the proposal he has outlined an
equity participation in which the HRA puts in the $250,000
after the project is completed. The HRA has the option of
getting back either zero, because the project goes into
default and their security is wiped out, or they could get
$100,000 as a minimum.
�"1 Mr. Casserly stated he wanted the HRA to review the concept
again, because the project seems to have a fair amount of
controversy. If there are a lot of reservations, either about
the concept or about the project, it would prudent to express
those now. In his judgement, the project is clearly dead
without any HI2A investment.
Mr. Casserly stated this is a concept the HRA has not used
before. The whole idea of recapture is a concept used with
other Authorities. It takes many different forms. The
concept he is drawing from is used principally in multi-family
housing projects in which an HRA helps with the mortgage
payments and at the end of the period of time, there is a sale
and the HRA gets back part of its investment through a
participation.
Mr. Commers stated the HRA has discussed this at length in
the past. He believed the HRA minutes reflect that the HRA
was in agreement with the concept. The HRA was concerned that
the HRA was putting in approximately 70� of what the developer
was committing to the project; and, in addition, he was going
to get a 15o return each year the project was in existence,
plus his money back before the HRA really shared in the
project. The HRA had talked about getting a little bit more
money up front, understanding that the developer has to make
^ a reasonable profit and a certain amount of incentive in order
to put in his $350,000. He thought at that time that there
were some suggestions about either increasing the front end
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HOIIBING � REDEVELOPMENT AIITHORITY ME$TINa, MAR. 14, 1991 PAGE 8
a little bit or increasing the back end. So, he did not
believe the HRA had any problem with the equity participation
concept, just the level of participation and how they would
arrive at that and what would be fair to the developer.
Mr. Meyer stated his objection to the whole project was based
on three basic concerns:
1. Increased traffic at a very important intersection;
2. Possibility of problems with the neighborhood and
downgrading the neighborhood by the addition of this
development;
3. Jeopardizing the financial wellbeing of other
developments in the immediate area.
Mr. Meyer stated that since that time, Burger King has come
into the picture, and the HRA has never discussed the addition
of Burger King or taken another vote of what the HRA's
participation should be on this project with the addition of
Burger King. It is his contention that the addition of Burger
King is going to exacerbate all three of his concerns very
noticeably. Burger King will create more traffic and is going
to further jeopardize a very fine residential neighborhood.
He bel ieved it also the HRA' s j ob to be mindful of downgrading
the quality of residential areas in the City. If they do
downgrade the quality of residential areas in the process of
establishing new businesses, then they are not doing their
job.
Mr. Meyer stated that Burger King will be moving from the
southwest quadrant, and there are already businesses in Rice
Plaza that are not doing well financially and may want to move
into the Fridley Town Square development.
Mr. Meyer stated this might be the appropriate time for the
HRA to discuss whether or not the advent of Burger King
changes their minds in their participation in the project.
He definitely has a very negative attitude toward giving any
financial assistance to this project. It is not necessarily
the economics of the proposal as it is his overall concern
with the project.
Mr. Commers stated it is true that any time they bring a new
project on line, it may drain away from other existing
projects. The other side of it is that the purpose of
bringing on redevelopment projects is to try to upgrade those
areas that are in existence. If the Fridley Town Square
development takes some businesses out of Rice Plaza,
theoretically, that is supposed to be for the better. The
Burger King has presented a real problem. There was a lot of
�� HOIISING & REDEVELOPI�ENT AIITHORITY MEBTINa, MAR. 14, 1991 PAGE 9
discussion at the Planning Commission about traffic and the
odors emitted from Burger King.
Ms. Dacy stated the Planning Commission and City Council did
look at all the site related issues. The applicant, at the
City's request, again hired Barton-Aschman to take another
look at the traffic study. The original traffic study based
the estimates on the assumption that the center would generate
100o new traffic. They know that is not true, because 40-50%
of the traffic that will use the new center is already out on
the street. So, the traffic consultant took a worst case look
at the traffic situation, and said that the intersection could
operate at an acceptable level.
Ms. Dacy stated that when Burger King came into the picture,
staff was very concerned about the traffic and the odor
issues. Barton-Aschman did another traffic analysis and
found that moving Burger King across the street does, in fact,
help the function of the intersection because the movements
now are a right east and a right north instead of going across
the intersection. Staff was satisfied that the traffic issues
had been addressed.
Ms. Dacy stated that as far as the odor issue, the developer
i'°1 hired Intertech, Inc., to look at the odor issue. There is
a double baffle filtration system the Burger Kings are now
using where odors cannot be detected 150-175 feet from the
restaurant. Staff feels confident that the site will work.
When the HRA looked at this in January, it was the HRA's
direction that they wanted the City Council and Planning
Commission to deal with the site issues. What the HRA has to
focus in on is: Does the project meet the HRA's redevelopment
goals for the downtown area?
Mr. Meyer stated he did not agree with the traffic study done
by Barton-Aschman. He had a hard time understanding how the
traffic consultant can say that the traffic is at level D now,
will be at level D with the addition of Walgreen, and will
still be at level D with the addition of Walgreen and Burger
King.
Ms. Dacy stated that if the HIZA wanted, she could invite Dave
Koski of Barton-Aschman to the HRA to explain the traffic
study, or she could make copies of the report available to the
HRA. The HRA members should also remember that Anoka County
will be widening Mississippi Street this summer which will
also help the function of the roadway.
Mr. Commers stated it is the consensus of the HRA for staff
^ to continue to work with the developer and to talk in terms
of equity participation. In the meantime, the HRA should be
brought up to date on the Barton-Aschman traffic study after
,—, HOIIBINa & RTsDEVELOPMBNT AIITHORITY MEETINa. MAR. 14. 1991 PAGE 10
the addition of Burger King. They can look at the traffic
study and updates to that study at the next meeting; and then
if they wish to invite the traffic consultant, they can make
that decision at the meeting.
Ms. Schnabel stated she would like copies of both the Planning
Commission and City Council minutes where these items were
discussed so the HRA has the benefit of those discussions
also.
8. LETTERS TO ALL FOUR SCHOOL DISTRICTS REGARDING TIF TURNBACR:
Mr. Commers stated that at the last meeting, the HRA
reconsidered and refunded to the school districts for this
year approximately $260,000 to assist them with their programs
and budgets.
Mr. Commers stated the HRA received at the meeting a letter
dated February 13, 1991, from Dr. Dennis Rens, Superintendent
of School District 14, in which Dr. Rens is asking that the
HRA notify the School District of any changes in planned
funding amounts one year advance, so it would be July 1, 1991,
for their 1992-93 budget (7/1/92 - 6/30/93).
/� Mr. Prairie stated he believed the letters dated March 7,
1991, sent to the four school districts puts them all on
notice that the HRA may put a cap on money to be returned to
the school districts in the future. He stated he has talked
to a number of School District 14 members, and they understand
that this money might not always be available.
Mr. Commers stated he is not sure if the HRA will be in a
position to make a commitment that early for over a year's
lead time in terms of the School District 14 budget.
9. MEMO REGARDING RESPONSE TO SUH'S PROPOSAL:
Mr. Commers stated it is the HRA's legal counsel's
recommendation that there is no need for the HRA to take any
action at this time.
10. MEMO REGARDING HRA PAYMENT TO T. C. FIELDS:
Mr. Pribyl stated this memo answers a lot of issues brought
up at the February 14, 1991, meeting. The HRA really has
three particular areas of insurance: General Liability,
Municipal Errors & Omissions, and Inverse Condemnation. The
coverage for the HRA is covered under Municipal Errors &
Omissions.
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Mr. Commers stated that there is coverage but it appears to
be based on two members of the HRA.
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HOIIBINC,� & REDEVELOPMENT AIIT80RITY MEETIN(3, MAR. 14 , 1991 PA�3E 11
Mr. Pribyl stated he is not sure what that means, but he will
check and verify that the HRA has complete coverage.
Mr. Commers stated that the limit of coverage for each
occurrence under Municipal General Liability is $600,000. He
stated that coverage is low. This could double or triple; for
example, if there is an environmental problem.
Mr. Pribyl stated these are recommended limits, and he was
not aware that it could double in that kind of situation.
Again, it is something he will check into.
Mr. Commers asked staff to verify the HRA's coverage and the
limits.
11. MEMO FROM FINANCE DEPARTMENT REGARDING HRA'S USE OF FINANCIAL
CONSULTANTS•
Mr. Commers stated that per the HRA's request at the February
14, 1991, meeting, this memo describes the services provided
by the professional consultants used by the HRA.
12. LETTER ACCEPTING WALTER RASMUSSEN'S RESIGNATIOPT:
The HRA received Mr. Rasmussen's letter of resignation.
Mr. Commers stated that the HRA wishes him well. He hoped
that there would be some type of certificate of appreciation
presented to him for his service.
13. MEMO REGARDING AMOUNTS THAT MAY BE OWED TO WINFIELD:
Mr. Commers stated this is just an information item.
14. REPORT ON CONTACTS WITH ASHLAND OIL:
Ms. Dacy stated that John Flora, Public Works Director, is
investigating the costs of the cleanup with the consultants
and MPCA. They will have more information at the next
meeting.
15. UPDATE REGARDING RICE PLAZA:
Mr. Commers stated this is an update of the Rice Plaza 1991
rents.
16. UPDATE ON VARIOUS MEETINGS IN LAST MONTH:
^ Ms. Dacy stated this is an information item.
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HOUBING & REDEVELOPMENT AIIT80RITY MEETING. MAR. 14, 1991 PAGE 12
17.
18.
LRT PRELIMINARY CONIl�IENTS (Memo dated March 7, 1991, from
Barbara Dacy to William Burns):
Ms. Dacy briefly reviewed the preliminary design plan for the
park and ride sites. Originally, Anoka County was looking at
the Rapid Oil site north of 57th Avenue for a park and ride
site, but that is not the case now, so the park and ride sites
do not directly affect any redevelopment areas. The Fridley
Town Square area has also been resolved.
Ms. Dacy stated these comments have been reviewed by the City
Council, the Planning Commission, the Human Resources
Commission, and will be reviewed by the Environmental Quality
and Energy Commission on Tuesday, March 19. They wanted to
make sure that all agencies and commissions affected by the
design plan had the opportunity to make comments.
Ms. Schnabel stated that what concerns her is that there are
some park and ride sites that will affect people who are
either living or currently doing business within the City of
Fridley. Since the whole LRT concept is still so nebulous,
she would not like to see those persons who feel they might
be affected get upset or disturbed by this concept, because
they think their properties are going to be taken. That is
an injustice these types of things does to people. At this
time, the whole LRT issue is really an unknotan.
Ms. Dacy stated that is true. However, the City is required
by law to review and approve these design plans. Anoka County
wants to complete the planning process, the EIS, and the
preliminary design plans so that when and if the funding issue
is solved, they have an approved set of plans. These park and
ride sites would directly affect the SuperAmerica station, the
Motor Valet, the structures on the west side of 4th Street,
and the Amoco station and Minnesota Petroleum at 53rd Avenue.
They are showing the people these plans, but those properties
may not be acquired until the end of the decade. So, there
are two different processes: the planning process and the
funding process.
Mr. Commers stated there is no doubt that even though this may
not happen for ten years, it does cause some stress and
consternation on the part of the people whose properties are
affected.
5TATUS OF KIFFE AUTOMOTIVE:
Mr. Commers stated Mr. Jack Kiffe of Kiffe Automotive is
selling his automotive business and vacating the building on
^ Mississippi Street. He will provide a 30 day notice to
vacate.
�..., HOIISING & REDBVELOPMENT AIITHORITY MEETING. MAR. 14, 1991 PAGE 13
19. OTHER BUSINESS:
a. Plans for Acquiring Economic Development Finance
Professional Certification
Ms. Dacy stated Mr. Burns would like to attend economic
development finance courses offered by the National
Development Council. The first course will occur during
the week of the next regularly scheduled meeting, April
11. He is asking the HRA to change the meeting date to
April 4.
The HRA members agreed to the change in meeting date from
April 11 to April 4.
Mr. Commers stated these courses involve a cost to the
HRA. It is a complex complicated area and the more
e�ertise and information Mr. Burns can gain is to the
HRA's benefit also.
b. Top of the Cities Cycling Club
The HRA members were in favor of a bicycle race at the
Lake Pointe site on April 13, 1991.
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c. Habitat for Humanity Selection Process
Ms. Dacy stated this memo is in response to Ms.
Schnabel�s questions regarding this process.
ADJOURNMENT•
MOTION by Mr. Meyer, seconded by Mr. Prairie, to adjourn the
meeting. Upon a voice vote, Chairperson Commers declared the
motion carried and the March 14, 1991, Housing and Redevelopment
Authority meeting adjourned at 9:40 p.m.
Respectfully submitted,
Lyn Saba
Recording Secretary
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