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HRA 03/12/1992 - 29630n CITY OF FRIDLEY HOIIBINa & REDEVELOPMENT AIITHORITY MEETING� MARCH 12� 1992 ��....�����������������..�����....��������������������..�������..»������ CALL TO ORDER• Chairperson Commers called the March 12, 1992, Redevelopment Authority minutes to order at 7:30 p.m. ROLL CALL• Members Present: Members Absent: Housing & Larry Commers, Virginia Schnabel, John Meyer, Jim McFarland Duane Prairie Others Present: William Burns, Executive Director of HRA Rick Pribyl, Finance Director Jim Hoeft, HRA Attorney Doug Erickson, Fridley Focus APPROVAL OF FEBRUARY 13. 1992, HOUSING & REDEVELOPMENT AUTHORITY MINUTES• ^ MOTION by Mr. Meyer, seconded by Ms. Schnabel, to approve the February 13, 1992, Housing & Redevelopment Authority minutes with the following amendment on page 5, paragraph 2, 6th line: Change "subsidiaries" to "subsidies". IIPON A VOICE VOTE� ALL VOTING AYE� CHAIRPER80N COMMERB DECLARED THE MOTION CARRIED AND THE MINIITEB APPROVED AB AMENDED. 1. CLAIMS AND EXPENSES: MOTION by Mr. McFarland, seconded by Ms. Schnabel, to approve the Expenditure Approval List dated March 6, 1992, check numbers 2198- 2206. IIPON A VOICE VOTE, ALL VOTING AYE, CHAIRPER80N COMMERS DECLARED THE MOTION CARRIED IINANIMOIIBLY. 2. STATUS OF JOINT MEETING WITH CITY COUNCIL: Mr. Burns stated the joint meeting with HRA and City Council has been scheduled at the regular HRA meeting on April 9. He stated Ms. Dacy and he would like the Council and HRA to participate in some group discussion techniques on the housing issue. They believe it is important to identify values and philosophies toward housing and set some basic guidelines for follow-through by staff. ,� '"'� ,� � HOIISING � REDEVELOPMENT AIITHORITY MTG.� MARCH 12, 1992 - PAGE 2 Mr. Commers stated he would like staff to provide the HRA with the TIF policies information and criteria which was presented to the HRA at a recent meeting. This might be helpful for this discussion. Mr. Burns stated he would include that information with the next agenda packet. 3. RICE PLAZA UPDATE: Mr. Burns stated that the original estimate on refurbishing the former Norge Village dry cleaning space was $10,000-15,000. Staff has received a revised estimate in the amount of $38,046. It would take in excess of two years to recover that cost. It is staff's recommendation not to spend any more money on the proper�y at this time. Mr. Meyer asked that if they do not go forward with the refurbishing of this tenant space, what implication does that have on the center? Mr. Burns stated that the Norge Village space has been vacant for quite some time. As long as they do not have any more vacancies, they can hold their own. Mr. Commers stated the building continues to deteriorate. If it is not economically feasible to do any refurbishing, the HRA might have to make some decisions as to what to do with the property. 4. MISSISSIPPI STREET IMPROVEMENT PROJECT: Mr. Commers stated that this is an informational item that Anoka County is anticipating an early to mid-July bid opening and an August 1, 1992, start date for this project. This project has already been approved by the HRA. ADJOURNMENT• MOTION by Mr. Meyer, seconded by Mr. McFarland, to adjourn the meeting. Upon a voice vote, all voting aye, Chairperson Commers declared the March 12, 1992, Housing & Redevelopment Authority meeting adjourned at 7:52 p.m. Res ectfully s mitted, GZ�� y e Saba Recording Secretary