Loading...
HRA 03/13/1997 - 6274HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, MARCH 13, 1997 . T111 - PUBLIC COPY (Please return to Community Development Dept.) HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, MARCH 13, 1997 * * * 6:00 P.M. * * * AGENDA BUDGET WORKSHOP: From 6:00 p.m. to 7:30 p.m. LOCATION: Conference Room A (upper level); next to Council Chambers REGULAR MEETING: Beginning at 7:30 p.m. LOCATION: Council Chambers (upper level), Fridley Municipal Center CALL TO ORDER ROLL CALL APPROVAL OF MINUTES: February 13, 1997 CONSENT AGENDA: Revenue and Expenses .................................... 1 -1C ACTION ITEMS: Consider Appointment for Remodeling Advisor .................. 2 - 2B Consider Service Agreement with the City of Blaine .............. 3-31-1 EDA for Remodeling Advisor Consider Resolution for Execution of Noah's Ark ................. 4 - 4J Development Contract Consider Contract for Preparation of Final Plans ................. 5-50 and Specifications for Lake Pointe Intersection HRA Agenda March 13, 1997 Page 2 INFORMATION ITEMS: Update on TIF Request for Redevelopment on ................... 6 - 6L 57th Avenue, by Steve Linn Potential Amendment to Redevelopment Project ................. 7 - 7J Area Fridley Executive Center Update ............................. 8 OTHER BUSINESS: ADJOURNMENT HRA RESOLUTION NO. 3 - 1997 RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR PRIVATE REDEVELOPMENT BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY AND NOAH'S ARK OF MINNESOTA, INC. BE IT RESOLVED by the Board of Commissioners (the "Commissioners ") of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority ") as follows: Section 1. Recitals. 1.01. It has been proposed that the Authority enter into a Contract for Private Redevelopment (the "Contract ") with Noah's Ark of Minnesota, Inc. (the "Redeveloper "). Section 2. Findings. 2.01. The Authority hereby finds that it has approved and adopted a development program known as the Modified Redevelopment Plan for its Redevelopment Project No. 1 (the "Redevelopment Program ") pursuant to Minnesota Statutes, Section 469.001 et seg. 2.02. The Authority hereby finds that the Contract promotes the objectives as outlined in its Redevelopment Program. Section 3. Authorization for Execution and Deliver 3.01. The Chairman and the Executive Director of the Authority are hereby authorized to execute and deliver the Contract if the following conditions are met by July 1, 1997: 1. Substantial conformance of a Contract to the Contract presented to the Authority as of this date; and 2. A final approval by the City of Fridley of a housing revenue bond to finance the project described in the Contract. PASSED AND ADOPTED BY THE HOUSING & REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS 13TH DAY OF MARCH, 1997. LAWRENCE R. COMMERS - CHAIRMAN ATTEST: WILLIAM W. BURNS - EXECUTIVE DIRECTOR CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING FEBRUARY 13, 1997 CALL TO ORDER: Vice - Chairperson Schnabel called the February 13, 1997, Housing and Redevelopment Authority meeting to order at 7:30 p.m. ROLL CALL: Members Present: Virginia Schnabel, Jim McFarland, John Meyer Members Absent: Larry Commers, Duane Prairie Others Present: Barbara Dacy, Community Development Director Jim Casserly, Financial Consultant Grant Fernelius, Housing Coordinator Dave King, Center for Energy & Environment Gretchen Hanson, Tamarisk Resources Bruce Carlson, Northco John Gohmann, Minnesota Commercial Railway Company APPROVAL OF JANUARY 9 1996 HOUSING AND REDEVELOPMENT AUTHORITY MEETING: MOTION by Mr. Meyer, seconded by Mr. McFarland, to approve the January 9, 1997, Housing and Redevelopment Authority minutes as written. UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. CONSENT AGENDA: 1. CONSIDER APPLICATION TO MHFA FOR MINNESOTA CITIES PARTICIPATION PROGRAM 2. CONSIDER EXTENSION TO ADMINISTRATIVE SERVICES AGREEMENT WITH ACCAP 3. REVENUE AND EXPENSES Ms. Dacy stated Mr. Pribyl had submitted additional expenses needing approval as outlined in his memo dated February 13, 1997. MOTION by Mr. McFarland, seconded by Mr. Meyer, to approve the Consent Agenda and additional expenses for approval as outline in Mr. Pribyl's memo dated February 13, 1997. HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 2 UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. ACTION ITEMS: 4. CONSIDER LOAN ORIGINATION AGREEMENT WITH CEE FOR HOUSING REHABILITATION PROGRAM Mr. Fernelius stated this item is a loan origination agreement with the Center for Energy and Environment (CEE). In March, 1996, we entered into an agreement with CEE to administer the housing rehab programs. CEE's responsibilities include answering general questions about the programs, providing applications, having a staff person available on Tuesday evenings at City hall to assist people, in addition to processing the actual applications which is an involved process. This includes verifying income, checking credit history, verifying the proposed improvements as well as checking on the title to make sure everything is correct. They also do the loan closing itself which is preparing the documents, setting a time for the borrower to come to execute those documents, and record documents with the County to secure the loan. They also forward the loan information to the servicer so that the loan payments can then be processed. The last thing that they do is to verify the improvements are completed. After the work has been completed, the borrower contacts CEE who will have a staff person go out to make sure the work is done properly. Mr. Fernelius stated CEE did an analysis last year to evaluate their staff and overhead costs and discovered that they were not able to recoup all their costs. This year, they are requesting an increase in the fee. One of the most important changes that will be made this year to the contract is implementation of an escrow procedure. We will place the loan funds in an escrow account. Those funds will be held by CEE and will not be released until the work is completed. This tightens up the program and reduces any possible risk to the HRA. The second aspect of this contract is the increase in fees from $225 to $350 to cover all the tasks mentioned in addition to taking on the escrow account management. The last change to the contract will be a modification to the memo. The memo indicated we were proposing a one -year contract. Staff is recommending a two -year agreement with CEE due to the success of the program and also trying to lock in some of the fee structures so we know what our obligations will be in the future. The contract would run through February 28, 1999. Staff has programmed these additional costs into the operating budget for the housing program. Mr. Fernelius stated staff's recommendation is to approve the loan origination agreement with CEE. HOUSING & REDEVELOPMENT AUTHORITY MTG., FEBRUARY 13, 1997 PAGE 3 Mr. McFarland asked if the fee was paid by us. Mr. Fernelius stated yes. The fee is paid directly to CEE. Ms. Schnabel asked if the increase had already been budgeted. Mr. Fernelius stated yes. Mr. Meyer stated it seems that CEE is doing a lot for the money. He is pleased the higher fee would include managing the escrow account. He thought this was a positive forward step. Ms. Schnabel stated she thought this looked well thought out. MOTION by Mr. McFarland, seconded by Mr. Meyer, to approve the Loan Origination Agreement with the Center for Energy and Environment. UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. 5. CONSIDER REQUEST FOR TAX INCREMENT FINANCING BY MINNESOTA COMMERCIAL RAILWAY COMPANY Ms. Dacy stated Commercial Transload of Minnesota (CTM) is a subsidiary of Minnesota Commercial Railway Company. They are requesting that the City establish an economic development tax increment financing district and that the HRA approve tax assistance in the amount of $250,000 or 10% of their costs. They would like that assistance provided through a loan and a grant. Ms. Dacy stated the proposal is for a 57,000 square foot building. The proposed employment for the site was six employees. CTM operates a delivery or transportation service for their clients. Their specific clients are steel mills. They arrange to transport rolled coils of steel on rail cars. They come to this facility where they are transferred to trucks and the trucks deliver the coils to a variety of steel processors in the area. It is a warehouse use; however, it has a unique building design because they need a very large crane inside the building to unload the steel from the rail cars and then onto the trucks. The other interesting issue was that the site technically was considered railroad property. According to State law, that is valued differently than a typical commercial /industrial building. The valuation is completed by the State, not by the City Assessor. The valuation formula includes some accounting of income. Ms. Dacy stated these were issues when staff first met with Mr. Gohmann. After staff pursued the analysis, there are observable advantages for this particular use. There is no outdoor storage HOUSING & REDEVELOPMENT AUTHORITY MTG., FEBRUARY 13 1997 PAGE 4 proposed. There is only one dock, a significantly reduced parking lot space, and minimal obstruction on the site plan within the power line easement. Ms. Dacy stated the property is located in the northeast corner of the frontage road to University and 71st and just south of Northco Drive. They plan to extend the existing rail spur into the building where all the transfers would occur. There is a small parking area and lots of green space. Because of its clients for steel, they provide a unique service for manufacturing companies not only in Fridley but in the metro area. The rail transportation will reduce truck traffic not only on Fridley roadways but in the metro area.-,.-Mr. Gohmann states that transporting the steel by rail can eliminate three or four trucks. The other advantage is by creating a district there would be no local government aid reduction to the City as a result of this district. The petitioner is willing to pay the equivalent of taxes at the typical valuation of approximately $1.60 /square foot or $92,000 for the life of the district. Because one of our issues was the unpredictability of the increment and the valuation, we felt it would be better for the HRA to enter into an agreement that would stipulate that the petitioner had to pay a minimum amount of taxes and that it would be used as and taxed as a warehouse. Ms. Dacy stated in the memo staff has proposed a pay -as- you -go approach because of the uncertainty of the increment. Because of the petitioner's willingness to pay a minimum amount of taxes, it is recommended that the HRA proceed with the creation of the district and the development of a development contract by providing assistance through a grant and through a loan process, and also subject that the petitioner agrees to pay $92,000 in taxes for the life of the district. A district such as this can last up to 10 years. Staff's recommendation is different from what was recommended in the packet, but staff feels that this is an appropriate use. The City Council reviewed this informally and did not identify any concerns. Staff recommends the grant and loan approach as in previous proposals. Mr. Meyer asked if a new district would include only this land. Ms. Dacy stated yes. It would contain the four -acre site proposed to be developed by the petitioner. Ms. Schnabel stated the railroad cars will be going in and out of the building. Is that going to create any back up of traffic in terms of the trucks coming in? Is there a chance that the rail cars would be across the roadway? HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13, 1997 PAGE 5 Ms. Dacy stated she understands the answer to be no. The building will hold six to seven rail cars and they intend to do their transfer activity inside. The extension of the spur would be on the north side of 71st Avenue. Most activity would be in the middle of the day. Staff was very specific that they did not want rail cars stacked along the spur and along the right -of -way. There may be a block at the opening in the southeast corner of the building. It appears that trucks would stack inside. Mr. Gohmann stated this was correct. This is the very end of the line. He provided brochures of their company. Truck traffic can either come in on Northco Drive or on 71st. The train will be in about 11:00 a.m. The most they can shuttle at the crossing is seven cars at one time. The typical occupancy on the crossing would be 30 to 60 seconds. They may bring in another set of cars in the afternoon. The rail cars are operated at 5 miles /hour and will not block any process. Ms. Schnabel asked how long it took to unload one car. Mr. Gohmann stated there will be a 25 -ton overhead electric crane inside the building. It takes 20 to 60 minutes to unload one car. They have an operation now in place in Roseville. It started with no traffic at all. They developed the business and now work with steel producers all around the country. They have an inventory control system with customers so that a customer can order the specific coil out of inventory to be shipped. They may have to place a coil in a particular place in the building. Ms. Schnabel stated, with seven cars, it is potentially seven hours of work. She asked if trucks come in during that time and be loaded directly from the rail car. Mr. Gohmann stated most of the time the steel is stored. Sometimes, if it is a rush, the steel may go directly on the truck. The typical timing is to store for 15 to 30 days. The building is climate controlled so that it is warm. Many of the coils are not coated and can rust if out in the environment. They supply a lot of structural steel for builders as well. This month, they have had 21 cars of steel beams alone. The typical workload for seven cars is six to eight hours. There are times this is three to four hours. MOTION by Mr. Meyer, seconded by Mr. McFarland, to authorize staff to start the process to create a tax increment district and to negotiate a development agreement. UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 6 6. CONSIDER REQUEST FOR TIF ASSISTANCE FOR TAMARISK Ms. Dacy stated the request from Tamarisk is to assist in the purchase of the Holi Haus property near Sandy's Restaurant on Mississippi Street. The site is about one -half acre in size and the structure that exists was originally constructed in 1952. The site is located in the redevelopment project area but it is not in a TIF district per se. It is in the Moore Lake area. TIF funds can be spent in a redevelopment project area. The HRA has been doing this in the past through low interest loans. The loan agreements have ranged between 5% to 10% of project costs. The acquisition here is $120,000 plus $12,000 in rehab costs. To be ,_consistent with previous requests, staff recommends a $12,000 loan with a 5% interest rate for a slightly longer term. Tamarisk is a non - profit organization, and they are attempting to create this site as a learning center and education facility for their clients and families. They have enough funds for the down payment for the property and she believed the letter received lists additional sources of funds that they would seek. In addition to the longer loan term, staff is also proposing that the payments on the loan do not have to start for three years. Staff believes that it is appropriate to provide a loan and recommends the HRA authorize staff to prepare a loan agreement with the terms as outlined. Ms. Schnabel stated that Tamarisk is a volunteer organization which services terminally ill persons and their families. It is all volunteers. It is a little different type of business than we have normally serviced. Ms. Hanson thanked the HRA for their consideration. She feels Tamarisk is a gift to the community. They could not have done it without CDBG funds and support from the community. They are grateful for any consideration that the HRA could give them. She really feels the advantage to acquiring this property is that it is a home rather than an office space for what they are doing. What they are doing is giving a valuable gift for people who they are serving who are dealing with a terminal illness. No one receives money for what they do. They do not charge. They are catching the people that fall between the cracks. The resource education center also helps them to help a larger population by helping them before they need us. Hopefully, they will provide skills and resources so they can help others also. They help different portions of the community at this stage. MOTION by Mr. Meyer, seconded by Mr. McFarland, to authorize staff to prepare a loan agreement with Tamarisk for $12,000 at 5% interest for a 13 -year term, with no principal and interest payments required in the first three years. HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 7 UPON A VOICE VOTE, ALL VOTI2uG AYE, VICE- CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. 7. CONSIDER SUPPLEMENTAL PAYMENTS AND CHANGE ORDER FOR 3RD STREET /MISSISSIPPI STREET INTERSECTION PROJECT Ms. Dacy stated Mr. Flora, Public Works Director, is asking the HRA to take action to approve the supplemental payment request for the reconfiguration of the 3rd Street /Mississippi intersection. This was discussed at the last meeting. The good news is that there has been no increased costs. Staff are also requesting that the County evaluate providing additional funds of $10,575.73. Staff does not have a response back from the County. To summarize, the numbers are the same. The RAO construction issues and the final design costs were anticipated. What was not anticipated was the change order for additional binder and wear course work. Therefore, we are asking the County to contribute to defray those costs. At the last meeting, Mr. Meyer talked more specifically about the role of the consultants. In the attachments, there was a letter from the consultants which identifies overruns as a result of missed items in addition to savings that they provided. The Public Works Director is not recommending taking action against the consultant. The balance paid is within the particular line item that you had for the project. Staff recommends that the HRA approve the supplemental payments and change order #1 for the project. If the County does agree to pay additional funds, those funds will be subtracted from the contribution. Ms. Schnabel stated staff's memo mentions on the second page that Mr. Flora's memo does not address the RAO easement acquisition costs or the final design costs. Ms. Dacy stated the chart she provided is the total. Mr. Flora's memo had a bottom line of $254,000 which did not include the easement acquisition costs or the design costs. Ms. Schnabel asked if those costs were included in the figure of $294,947.23. Ms. Dacy stated yes, they are included in the total. The contributions are subtracted from that total. MOTION by Mr. McFarland, seconded by Mr. Meyer, to recommend approval of the supplemental payments and change order ##1 for the improvements at 3rd Street and Mississippi Street. UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING & REDEVELOPMENT AUTHORITY MTG., FEBRUARY 13 1997 PAGE 8 INFORMATION ITEMS: 8. FRIDLEY EXECUTIVE CENTER UPDATE Ms. Dacy presented a mock -up of the proposed brochure. The brochure is a fold out brochure with a place in the center for inserts. The next step is to finish the inserts. Merrill Busch and Mr. Burns are going to be doing this soon. Ms. Dacy stated Mr. Burns and she met with MEPC about two potential office developments on the site. They are reviewing scenarios with Mr. Casserly regarding those two proposals. Staff would like to complete the brochure in the next two or three weeks and be able to present that to the potential office users. Ms. Dacy stated she has intersection plans for Highway 65 and I- 694. That improvement will be proceeding and going out for bid this fall. Money is available through the State so they may be able to get an early start. The ramps at University will be looked at this spring and the intersection improvement will be let for bid this fall and initial construction in the spring of 1998. An information meeting will be held at the Planning Commission meeting next week. Ms. Dacy stated the HRA and City Council may have a joint meeting regarding a variety of issues that are now going on. Staff have not identified a date. Ms. Schnabel asked if they were still planning to do a promotional video tape. Ms. Dacy stated a video tape is still in the works. This could be in conjunction with a presentation to a company that would want to locate corporate headquarters on the site. The video would be short and list the economic advantages of locating a facility in Fridley. Mr. Meyer asked what the timing of the brochure was and how would it be released. Ms. Dacy stated they did not anticipate an event. They hope to complete the brochure in the next two to three weeks and to provide a number of copies to MEPC to use in their meetings. They have not talked about a direct mailing. Ms. Schnabel asked, when meeting with MEPC, do they have a feeling for what is happening in terms of office space in the metro area and the suburbs. Office space downtown is quite tight now and there is a need for expansion. Do they talk about that in terms of the suburban areas to? HOUSING & REDEVELOPMENT AUTHORITY MTG. FEBRUARY 13 1997 PAGE 9 Ms. Dacy stated yes. At the request of Mr. Commers, she is trying to compile some articles and statistics around vacancy rates. The leases executed during the 1980's are now nearing their end, and there seems to be a lot of interest on the part of a number of companies to evaluate staying or moving. The southwest metro area continues to grow. United Properties was successful in leasing one of their properties in Edina. There is movement in the class A office market. MEPC is optimistic that it will continue. 9. HYDE PARK NEIGHBORHOOD SURVEY Mr. Fernelius stated, in December, staff sent out a survey to the residents in the Hyde Park neighborhood seeking feedback on the housing programs offered in that neighborhood since September, 1995. Staff wanted their feedback on whether or not those programs had made a difference in improving the neighborhood. Mr. Fernelius stated, out of the 180 surveys sent, they got about 40 back or about a 22% response rate. They had a good response from homeowners. They did not get a good response from either landlords or tenants. In terms of the survey itself, most respondents had lived in Hyde Park more than five years. Most want to remain in their homes. Less than 200 of the respondents took advantage of the programs. The deferred financing seemed to be the most attractive reason for people to apply for the programs. There was some contradictory information. 50% of the respondents said that the programs encouraged them to remain in Hyde Park, but the other 50% either did not think the programs were encouragement for remaining or they were uncertain. Almost 2/3 thought the programs had improved the neighborhood. It is unclear what those results mean. What is clear is that the majority of residents would like the HRA to maintain the programs and continue to offer them, so there appears to be support for what we are doing. He thought the conclusion is that they want to increase the marketing efforts in Hyde Park and re- evaluate the efforts at the end of the year. Mr. Meyer asked if there was any things they could institute which would make the loan program more appealing to the residents of Hyde Park or provide more generous loan programs to raise the participation. Mr. Fernelius stated he thought they have a good program now. They are providing a deferred loan with up to $4,000 per unit which is interest free. He thought this was an attractive offer. They thought about making changes to the program but that may be premature. He thought they needed to redouble the marketing efforts and keep people aware of the programs. He did not think they needed to make any changes to the program at this point. HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 10 Ms. Schnabel asked if staff would want to go into the area and identify specific properties that staff thought needed assistance. Mr. Fernelius stated, last summer, they did canvas the area and take an assessment of property conditions. Rather than focus on specific properties, continue to offer the programs neighborhood - wide. There was a lot of positive feedback as a result of the barbecue. The residents, he thought, are aware of what they are doing. They just need to continue. Ms. Dacy stated, in response to question 46, 2/3 stated they were not planning to make any improvements to their homes. It may not be related to the program as much as it may be related to the homeowner. They may not be interested. There may be an income issue or some other issue. Ms. Schnabel asked if staff was planning another remodeling fair. Mr. Fernelius stated yes. The remodeling fair will be held April 5 from 10 a.m. to 3 p.m. at the Fridley Senior High School. Hopefully, it will be as successful as last year. Most of the booths are reserved by contractors. Ms. Schnabel thought that may generate more interest in the programs. 10. NOAH'S ARK UPDATE Mr. Casserly stated he has been working with Gary Bidney and a group of accountants and analysts trying to determine the level of assistance that is needed to help with the Noah's Ark project. Earlier, a proposal was presented for an 108 -unit senior complex. Because the redeveloper was completing another project and starting construction on one in Spring Lake Park, this was put on hold for a few months. In the meantime, they have had a chance to review market studies, look at comparable rents, and review performance. It is clear that without some level of assistance from the HRA this project cannot be done. The difficult issue is trying to figure out the level of assistance that is needed. Mr. Casserly stated this particular project is in a tax increment district which runs until 2008. The amount of assistance is governed by that time period. In addition, the tax increment that is generated from a project like this is somewhat less because the use is eligible for lower class rates. We have estimated that the amount of increment that would be available for assistance would be $127,000 per year. We will be recommending that level of assistance be provided for the duration of the tax increment district which would be until 2008 so there would be approximately 9 years of increment available for the project. HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 11 Mr. Casserly stated, if the HRA does not provide increment, the rents would have to be increased. We have calculated the increase to be anywhere between 14% to 15% in order to support the debt service for this project. They are estimating rents in 1999 upon completion of the property. Rents would range from $640 for a one bedroom, 740 square foot apartment up to a maximum of $1,185 for a two bedroom, 1,300 square foot apartment. Without the tax increment assistance, the rents for those same two units would range from $725 to $1,345 respectively. This is a considerable increase in those rents which puts the project out the market. We are not aware of any projects in the surrounding area that have been done with several levels of assistance including tax exempt bonds, tax credits,sreduced class rates, tax increment financing, and possibly some other grants. Mr. Casserly stated next month they will be bringing back a redevelopment contract which will have that level of assistance in the contract and a separate report showing why we are recommending that level of assistance. The contract will say they will get this level of assistance as long as they have a certain number of units eligible for people with moderate income. That is the same requirement that is being used to get the tax exempt bonds. They will be having the same requirements that they to meet for the Federal level in order to secure the tax exempt financing. It is a $9+ million project that should work. Ms. Schnabel asked what the rents were in the Spring Lake Park project. Mr. Casserly stated he had the study for that project and is near the study for this development. He will get those figures but they will be estimates. Ms. Schnabel stated, when they have multiple sources of funding, it would be interesting to know how that lowers the rent depending on the number of units. Mr. Casserly stated they have to make assumptions. When they do the pro formas, they are assuming a tax exempt rate on bonds. They have already worked into their pro forma what the debt service number would be. That debt service assumes that they can sell tax exempt bonds. They also work into the pro forma and show as a revenue stream the amount of tax increment assistance. They do a thorough analysis which must be done in order to market the bonds. What they have shown us so far seems to ring true. Mr. Casserly stated the rents for the units in Spring Lake Park are as follows: HOUSING & REDEVELOPMENT AUTHORITY MTG., FEBRUARY 13 1997 PAGE 12 36 1 bedroom 700 square feet $640 /month 8 1 bedroom 750 square feet $685 /month 28 1 bedroom 900 square feet $720 /month 8 1 bedroom /den 825 square feet $750 /month 8 2 bedroom 940 square feet $855 /month Most of the units are one bedroom or variations. Only four units are at the top price. Mr. Meyer asked what the rents are for Village Green. It seems that these rents are rather high for a one bedroom at 700 square feet. The quality of construction is not nearly the quality of construction at Village Green. That is a_lot of money for people who are in subsidized housing. Ms. Schnabel stated is worries her that they are not addressing the low to moderate income problems that seniors are facing. The rents seem high. Mr. Casserly stated this is a fairly cost effective way for the HRA to assist a moderate income need. The investment the HRA is being asked to make is a result of the tax increment which is a limited number of years. They are assuming that the rents are going to be increasing at about 3% per year, and that they will then have the right kind of coverages they need as the tax increment receipts drop off. They need to show in the pro forma that, after they no longer are getting this assistance, they will have adequate coverages otherwise they cannot sell the bonds. The HRA is actually assisting with a minimum amount of revenue and in a fairly painless way. This is really assisting over time. Ms. Dacy stated it is a more moderate market at Norwood Square and Village Green. The market study showed there is a strong demand for moderate income units. They do have the one story townhome at Christensen Crossing but not a lot of those. They are still required to meet income requirements which are higher than at Norwood Square. This is hitting a different income bracket. Mr. Casserly stated, as a practical matter, oftentimes the senior tenant is going to fit within that income limit. It is easier to do these projects for senior housing. 11. LINDSTROM METRIC TIF REQUEST Ms. Dacy stated Lindstrom Metric was proposing to buy a five -acre site west of Main Street, just north of ANR Trucking. This property is located within the same district Mr. Casserly alluded to. They want to keep Lindstrom Metric in the community. As part of their soil test, they found an extraordinary amount of peat on the site, as much as 20 feet. They are getting large estimates HOUSING & REDEVELOPMENT AUTHORITY MTG. , FEBRUARY 13 1997 PAGE 13 back for soil correction and foundation costs. Staff is still working with the property owner. Mr. Lindstrom may decide to evaluate other sites. We indicated to him that if he is to pursue this site this may require up to the full amount of increment available for this site for the life of the district. She did not think the site would be developed without assistance. She was not sure that Mr. Lindstrom wanted to pursue acquisition of the property. Staff will keep the HRA informed. 12. PROPOSED STRATEGY TO OBTAIN LONG -TERM FUNDING FOR HOUSING REHABILITATION PROGRAMS Ms. Dacy stated the bottom line is that staff is trying to seek funding from the State through the Minnesota Housing Finance Agency (MHFA) in order to preserve the HRA funds for other redevelopment priorities in the community. The City loan that was accomplished last year was a good start to initiate a truly revolving loan fund that becomes self - sustaining. However, the HRA and the City cannot afford to expend $1.5 million per year for the next 15 years. She thought the City had a good model that the State can use for first ring suburbs. They really focus on areas in St. Paul and Minneapolis and other areas that have an excessive amount of blight. This may be a change for them. We are proposing a program that is more preventive. She thought it would save the taxpayers money in the long run. Unless directed otherwise, she, Mr. Casserly and Mr. Fernelius will be working with the City Council, the State legislature, and the MHFA to see if they would be willing to lend funds to Fridley and other communities. They are trying to find outside sources for funds. Mr. Fernelius stated the MHFA does have a lot of programs. Some have worked in our community but the bulk of the programs have not met our needs. We have a good model which we think could be used elsewhere. They may seek funding to make a good fit. Whether it will work long term is unclear at this point. At least, they should make the attempt to sit down and talk. OTHER BUSINESS: 13. LETTER FROM INDEPENDENT SCHOOL DISTRICT #14 Ms. Schnabel stated the HRA had received a letter from Independent School District #14 thanking them for the return of funds to the school district. 14. HRA BUDGET Ms. Schnabel stated other information items on questions raised includes the HRA budget. The HRA will be receiving a copy of the budget shortly. Will the HRA meet on March 13 at 6:00 p.m.? HOUSING & REDEVELOPMENT AUTHORITY MTG., FEBRUARY 13 1997 PAGE 14 Ms. Dacy stated they are planning to meet at that time. She will talk with Mr. Commers to verify the date and time. Mr. McFarland stated he would not be present for that meeting. 15. REMODELLING COUNSELOR Mr. Meyer stated he saw they were still looking for the Remodeling Counselor position. He asked if staff had any additional information. Mr. Fernelius stated they had received over 30 applications. The job closed on February 10. He will be reviewing those applications. Hopefully, there will be candidates to interview. If they are comfortable with someone, staff will then come back to the HRA for authorization to hire. Mr. Meyer asked how the process of combining with the City of Blaine worked. Mr. Fernelius stated this is going forward. They are still going forward with the full -time position. Ms. Dacy stated, per the HRA's advise during the last meeting, staff will ask if the candidate is willing to work part -time if Blaine does not complete their part of the program. Mr. Meyer asked if they had received more applications this time. Mr. Fernelius stated they do have more applications this time. He thought there were some candidates who reapplied. He did not know how many new applications were received. He thought the position as full -time made it more attractive. ADJOURNMENT: MOTION by Mr. McFarland, seconded by Mr. Meyer, to adjourn the meeting. UPON A VOICE VOTE, ALL VOTING AYE, VICE - CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED AND THE FEBRUARY 13, 1997, HOUSING AND REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 8:48 P.M. Respectfully submitted, Lavonn Cooper Recording Secretary S I G N— I N S H E E T HOUSING AND REDEVELOPMENT AUTHORITY MEETING, February 13, 19 Name Address /Business J TO: FRIDLEY H.R.A FROM: CITY OF FRIDLEY RE: BILLING FOR ADMINISTRATIVE AND OPERATING EXPENSES FEBRUARY 1997 Account #'s for HRA's Use ADMINISTRATIVE BILLING: ADMINISTRATIVE PERSONAL SERVICES ADMINISTRATIVE OVERHEAD COMPUTER OVERHEAD (For Micro & Mini computers) TOTAL ADMINISTRATIVE BILLING: 460- 0000 - 430 -4107 OPERATING EXPENSES: USPS - POSTAGE 262- 0000 - 430 -4332 USPS - POSTAGE 460- 0000 -430 -4332 US WEST - PHONE SERVICE 460- 0000 - 430 -4332 STAR TRIBUNE - WANT AD 460 - 0000 - 430 -4334 TOTAL OPERATING EXPENSES BENEFITS EXPENSES: Account #'s for CR City's Use Code 20,394.75 101- 0000 - 341 -1200 284.13 101- 0000 - 336 -3000 206.26 101- 0000 - 336 -3000 20.885.14 37.28 236 -0000- 336 -3000 161.05 236 -0000- 336 -3000 24.61 236- 0000 - 336 -3000 897.00 236 -0000- 336 -3000 1,119.94 CITY OF FRIDLEY - HEALTH INS 262 -0000- 219 -1001 171.05 236 - 0000 - 219 -1001 CITY OF FRIDLEY - DENTAL INS 262 - 0000 - 219 -1100 21.56 236 - 0000 - 219 -1100 CITY OF FRIDLEY - LIFE INS 262 - 0000 - 219 -1200 3.50 236- 0000 - 219 -1200 TOTAL BENEFITS EXPENSES: 196.11 TOTAL EXPENDITURES - FEBRUARY 1997 $22,201.19 File: \EXDATA \HRA \TIF\97BILL.xls Details t H1 HA HA HA HA HA HA 11 12 13 .-- N W ck' t7 W am of z C 0 a w m ZE 1 1- w d 0 J F W N LU W J •-j W W w H Q 0 0 Q � C7 �- z a N W W 2 w Y S W N J Q � U � atL •U w K L N W U n P w LL o in 0 f�¢QQ r 1H 1- r N (nN N r W W W O O\ J J J r O N J J J r O O W W W r LIJ M pp � P d C7 N Y r \ Z m m r J M O ;- W 1- 0 0 C3 r \ M 111 Z .--• LLl LLl r O (.7 f 3 Ce Q Q D U W W ea n Z U N K Q- W f ¢ � U D w ¢ CL Q K 0- 0- Q- r W O Or O r d' m C7 cc CY CL' r a a C) cl) CD r Z f Q a U LLI Of U 0 O a CL er W M .x W E M 1-- Z U U Q Y z ¢w m d Y [i ~ W U W CY Lu [] N r !A Z r Z O r ¢ CY h- r CL' r O U r 2 (n r W r N O ¢ H r O O O O O O O O P N O O O O O ti o O O O O O O O O (el O Vl O O O O t!l O O M ti O f-- fl- O ti O N 10 O S CO O O O O O O .O M O O N M O O O �O O N w P J O (n CO ( r Ln to N O P O S Y C P M lr C C (n f` E 7 N u 1 L J O •- Y J r Y Vi d Ll r Vf ..-• t/f L 0 'O O L O > Y O U O U m -0 .0 E E 4) n N U (rl U � co •L Y Y .O M m r U L r- w C w II w 41 C (0 O i o S t C In w a f` C ti ti In tel Vl C Vl lel In (fl (n Vl to Vl Y 1n In (n •� to Y (n Y .L Y C w .L C d c ..-• r 1a.. C fp`. h � fp`. r r L ( r C O U N C C c Y f0 F- •L Y C Y (A Y N L P C C C C Y O O E 7 E 7 7 u 1 L O 41 Y O •- Y J r Y Vi d Ll r Vf ..-• t/f L 0 'O O L O > Y O U O U m -0 .0 E E 4) n N U U � U � co •L Y Y M M m r U L r- w C w II w 41 C (0 r (n n Q Q S L S (0 O W 11 N e0 o O O O L w w P P (O E Y Y W o o N N J U U U w -Ne Y (n N w O L w f w 01 tr tr Y C C C C Y C (o (o O > O •F O > O > C L L N (0 (o (9 (0 W ¢ O O C N N O o w — — - N N L N N •N C (0 w w w w N 7 Y U Y U 3 L u. W O C L O L o w -� J 7 O L L O O O O eY -w I—x (Y •� o O O A O J N N S 7 > Z U U U U J f i N O = O O O O O O O O O O O O o O O O O O O O O O O O S O O O O O O O O O O O to O O 1n O M O In CO O O to 1n N O O .-- N O .--• O S O �- O O S ti N N fl- N S O f- N N O f- N N N N O N .O .O N 'O O M N 'U •O S N 10 10 `D M M M *-t M M N M M M M O O O O O O O O O O O O O O O O O O O o O O O O O O O O O O O O O O O O O O O O O O O O O o O O O O O O O O O O O O O O O O O O O O O O O O N O O N N N N O N N N O .O `O •O 10 .O O 10 lO 10 10 10 vl (n •o lO f- S S N S S ti N N N N S S S N N N O N S t t In 10 10 f` C ti ti In tel Vl In Vl lel In (fl (n Vl to Vl Y 1n In (n •� to Y (n fp`. h fp`. \ fppm.. 1p`. f` Ol G P of U P Ol U P P P_ P P P_ U U P P P P [] E E \ \ S In (n n S S S S S •-• (n (el N H CO H e0 O O O Cl O N N N N N 1-- N N N N N N N N N N N N N N N N N w N N N w N w N O O O O O O O O O O Cl O > O O O > O > O ¢ N N N N N N N N N N L N N N O N O N O O O O O O O O O r Y O ti O O O O O O O O O O O O O O O O O lfl O O O 1- O 1- O O O O O O O O O O O O O O O O cn 00 J e- 1O O � 1- (n a r` O (.� N F- 1-- z z U E V7 �I;�� a O 0 n co Il-N �0 O O C VO�00 VU)NCO o c0 (D (J o[7V 'O N (M ^ O "O 7 p p N Lo m 7 "O:LO a)..N 7 in Q) (`7 N N Cl) O I M �: > 11) d) to U) CO (D 7 to of 0 (D (h O (h V m a m a V N N v � C(DD N N N N 7 C) 0 v. E C 0 (II C a M CO I- Q II _ U) 0 M 0 O/) L�770 OOCD to NC0m co (D f-m I- (D i 7 :0)..y. 0)- � N- (C O(D(V7 O(fl O NCDmCD00m mCOO m(D -00 (00 V) C a. N O O O O O 7 0) a) U) - 7 CO (D r 00 00 O) -- (. a N 'V a1 O tO7 I�f� N (h(D NnN ON(�. --In .-- [OO769('77 1 Lf) [0 C 69 '- � 69 t` 7 O 64 69 to N 69 69 Gq _ N (`O (D .�- U-3 •- N EA EJ-T 64 69 69 cO s .. a (s) Gq 119 69 69 69. V) (N U)... n_. 69 EA x: 69 O O O O o 0 0 o O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (N N 0 r- (D Cl) O) N (h N O N 69 �I O to . O) O) } °7 < O � O a O < 7 O O a C U O U C]I s N :� W LO (o (n LL O N U) C U O c E rn < o ° r o 0 N N O � 11 t U) O _ Lt70 O)o U)OOtf) 00 O O OON('7000000000 0000 Ott) m co U •t 6o O0) 7G) M� O (NDO II N� O A a -60) . (h 7� C6 N Q Z E ; r N a � C � a CL * N O (3) 0) (N (0 (0000 II)OO O O O 'IT N00 - -O(N CD tt)1) CO to cc) (y) I-U)L�N CD N C i 0� co O) COQ (��Nm CD (fl (D L- m 00 CO O NM(O0 o0 CC) NCO 0 0) O O7( -O 0(070) r) r, 000 LI) N F- O N 0 O N co o m o N .- (O N O) lf) .- OJ Ll) Lin ' � U f\ O (7 X U n D j tB N �� N O co O > Q) (V a) N O) 'V_ r c O (V OD 7 CO rn N N 69 C V) F- ui 000 CD _00 o 0LOO 00(D O o 000000000000 0000 00 t` U 0 O� E'00 C (0M� tNO (p p O 0000m000 0 0700 00 0) C N X c cl f U)o0070 -0O)0 M000N ON Lo p OOM QOO ti (D (MD (gyp aD tD (V MLI);ON �(DC U 7Nto U)'cY(D -ON U) E O m m CO 6N9 N N 69 69� � 696964 �(R fA G4 Z;; (A 696969 E9 fR �N OND < N 0 (y 046,) fA 69 69 a 64 D 0 (� } m A a (7 i Z _ a Z w C U SSn w C 7 O .N w =- Z v N a�ni oC - IC L6 06 J Q N ¢ Q n O r n Z r n aci > p m (o o a m n o m n < a 7 2 ti F-4c Znc F-n c c c Oa w ?oo Q- <onvon°Qu)u)a m o F- m o ;F rn c^ o a < o a ro �° ~` a) a. a w < a U Q Q m m m 3 c Q a a ¢ a 7 a a V i S J �. U G; S o Ty v c> i_ n v m o -3 - c 0 s a Z= a O t m c m J_0 - 0 2 w 0 a o m ua N a m m a' � n � "} X C7 Ci G G '-) 7 G O= '– w L— — Z U (N m (G o- G G> a L'.1 7 G 2 a 0 0 0 =3 :3 0 a -C-c G G G a «- -- O ` U aU)< OUCl;�y �� <U� �(0< aF- C7 YQ (000(1)U) a- Q- <<Q�F -� 0 F-C L-0 LL I IN <1D z > z z z w 0 Ld -d 3 CP �j :3 W W u }§g? z co = li 0 C �Z 1 W Z V cr 3 0 j L, 0 Ull L L, L c c-, -L!2i - cr i LIU ;4 \\ \ \\\ \§ /}\\ N i I N, z c ^/ {\ z LLI i 01 co z c cr-, D 5 LLI L. Er; c -U Zf U 0 — 2 ~\<§ i 0 z i-- ui /\§ I z m La (n V iz Zf -j C Z LJ \ ®/2 ®2/ ®« z Z /j LL, L) rn Li i :2z 1 > % \ \4 \3 \X4{«(\ .jj LLi 00 LD C3 -C Li i § /z. I IN HOUSING REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William Burns, Executive Director of HRA y0- FROM: Barbara Dacy, Community Development Director Grant Fernelius, Housing Coordinator SUBJECT: Consider Appointment of Home Remodeling Advisor and Approval of Employment Contract A total of 37 applications were received for the Remodeling Advisor position. After evaluating the applications, four candidates were selected for interviews which were held on March 6 th . A finalist was selected for a second interview which will be held on March 10th. Both Fridley and Blaine staff will be involved in the second interview and if successful we will check references and make an offer of employment, subject to HRA approval. As you are aware, this is full -time contract position. A sample employment contract is attached. The Remodeling Advisor will work 24 hours per week in Fridley and 16 hours per week in Blaine. Due to the additional costs and responsibilities of hiring a full -time employee, Blaine has agreed to pay 45% of the costs, while the HRA will pay the remaining 55 %. A service contract (described in a separate memo) will be executed with Blaine. If approved, both the employment contract and Blaine service contract would last for one (1) year. The HRA would have the ability to terminate the employment contract for any reason, including performance issues or a reduction in workload (i.e. if Blaine no longer wants the service). In the event of a serious problem, the HRA has the ability to terminate the advisor's contract immediately, but would still be responsible for 30 days of compensation. Additional information on the finalist and a specific recommendation will be made at the HRA meeting. G Fi M -97 -119 HOUSING AND REDEVELOPMENT AUTHORITY EMPLOYMENT CONTRACT This contract is between the Housing and Redevelopment Authority in and for the City of Fridley (EMPLOYER) and (EMPLOYEE). EMPLOYER agrees to hire EMPLOYEE as for the period beginning EMPLOYEE agrees to perform the duties of as indicated in the attached position description. and ending In return for EMPLOYEE'S services, EMPLOYER agrees to the following: Payment of salary of for the contract period to be paid bi- weekly. 2. Payment of EMPLOYER'S share of Social Security and Medicate (F.I.C.A.) and contribution toward ICMA retirement account. 3. Payment of EMPLOYER'S share of premiums for life, dental, and health insurance or alternative options under the Flexible Benefit Plan for Fridley Employees. 4. Provision of workers' compensation and unemployment compensation insurance. 5. Holidays with pay as established for non -union employees of the City of Fridley. 6. Accrual of annual leave at the rate of one and one -half (I Y2 ) days per month or eighteen (18) days per year. 7. Eligibility of EMPLOYEE to participate in the Wellness Program for City Employees. 8. Reimbursement of EMPLOYEE at the rate of $0.31 per mile for the use of EMPLOYEE'S automobile for purposes relating to City employment. This agreement may be terminated upon mutual agreement or without cause upon thirty (30) working days notice by either EMPLOYER or EMPLOYEE. The EMPLOYER also reserves the right to terminate this agreement immediately and compensate EMPLOYEE for 30 days worth of salary. EMPLOYEE is subject to all other policies, practices, procedures, and laws not specified in this agreement but applicable to employees of the City of Fridley. In case of conflict, the terms of this agreement prevail. This document is intended to memorialize the agreement between EMPLOYER and EMPLOYEE fully and in all its particulars. EMPLOYEE (Signature) Date HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR CITY OF FRIDLEY William W. Burns, Executive Director Date MEMORANDUM HOUSING REDEVELOPMENT AUTHORITY DATE: March 7, 1997 Y TO: William Burns, Executive Director of HRA FROM: Barbara Dacy, Community Development Director Grant Fernelius, Housing Coordinator SUBJECT: Consider Approval of Service Contract with Blaine EDA The Blaine EDA has expressed interest in contracting with the HRA to provide home remodeling services. As mentioned in a previous memo, the advisor will be employed on a full -time contract basis, but will split time between Fridley and Blaine. A draft of the service contract is attached. The agreement stipulates that the HRA is the employer and is responsible for all personnel decisions, including performance evaluations and disciplinary action. Each community is responsible for providing work direction to the employee during the scheduled days. In addition, the contract specifies that the advisor will work a fixed schedule; Tuesday, Thursday and Friday in Fridley and Monday and Wednesday in Blaine. We expect the advisor to work in Fridley from noon to 8 p.m. on Tuesday and Thursdays and 8:00 a.m. to 5:00 p.m. on Friday. Blaine is responsible for establishing times on Monday and Wednesday. The contract does allow the parties to negotiate a different schedule depending on workload. The contract also specifies that Fridley will invoice Blaine once a month for 45% of the employment costs. Each community is responsible for paying their own overhead expenses such as supplies, office space, telephone, marketing, etc. Finally, the agreement will coincide with the HRA's Remodeling Advisor employment contract and will run for one (1) year. Either party may terminate the agreement by providing 30 days written notice. 51 Blaine Service Contract March 7, 1997 Page 2 Recommendation Staff recommends that the HRA approve the attached Agreement for Home Remodeling Services with the Blaine EDA. G F/ M -97 -120 AGREEMENT FOR HOME REMODELING ADVISOR SERVICES This AGREEMENT FOR HOME REMODELING ADVISOR SERVICES ( "Agreement') is made as of the day of 1997, by and between the HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY, with its offices at 6431 University Avenue NE, Fridley, Minnesota 55432 ( "Fridley HRA "), and the ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF BLAINE, with its offices at 9150 Central Avenue NE, Blaine, Minnesota 55434 ( "Blaine EDA "). RECITALS A. The Fridley HRA and Blaine EDA, through their respective governing bodies, believe there is a need to coordinate an advisory service to homeowners regarding home remodeling and related information. B. The parties also believe there is a cost savings to share a full -time, contract employee to provide said advice to homeowners in Fridley and Blaine. NOW, THEREFORE, in consideration of the foregoing and mutual promises contained in this Agreement, the parties agree as follows: 1. Job Responsibilities A job description for the Remodeling Advisor is attached as Exhibit A. 2. Employing Agency and Work Assignments The Fridley HRA hereby agrees to be the employing agency. All personnel decisions, including performance evaluations and disciplinary action, shall be made by the Fridley HRA. Each party to this Agreement shall be responsible for providing day -to -day work direction to the Remodeling Advisor during the time allocation period as outlined in Section 3. 3. Time Allocation The Remodeling Advisor shall work 24 hours per week in Fridley and 16 hours in Blaine. The Fridley HRA shall schedule work hours on Tuesday, Thursday and Friday of each week. The Blaine EDA shall schedule work hours on Monday and Wednesday of each week. The Fridley HRA and Blaine EDA, upon mutual written consent may adjust this schedule depending upon the workload within the respective communities. The Fridley HRA shall have priority in scheduling work hours for the Remodeling Advisor. Draft Copy 3/7/97 Page 2 4. Allocation of Costs The Fridley HRA shall bill the Blaine EDA on a monthly basis for 45% of the costs of the Remodeling Advisor position which shall include the following costs: 1) Salary 2) Employer's share of FICA. 3) Employer's share of Medicare contribution. 4) Health insurance premium. 5) Worker's compensation. 6) Unemployment compensation. 7) Employer's contribution toward retirement. An annual budget for the position shall be prepared by the Fridley HRA at the beginning of each calendar year for distribution to the Blaine EDA. Attached as Exhibit B are the projected costs for the position under this Agreement. 5. Duration and Term This agreement shall run for a term of twelve (12) months from the date of execution or no later than March 31, 1998. Either party may terminate this agreement by providing 30 days written notice. All costs of the position shall be shared, according to conditions in Section 3 of this Agreement, up to the date of termination. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY By :_ Its:_ Date: By :_ Its:_ Date: Draft Copy 3/7/97 3 ECONOMIC DEVELOPMENT AUTHORITY IN AND FOR THE CITY OF BLAINE By:_ Its:_ Date: By:_ Its: Date: % { ^G?' xf 4 �UV��l7 IWNJ F-IMI'l POSITION TITLE: HRA HOME REMODELING ADVISOR REPORTS TO: HRA Housing Coordinator POSITION OBJECTIVE: To assist residential property owners with evaluating their home remodeling and housing rehabilitation needs at the City of Fridley and Blaine. ESSENTIAL JOB FUNCTIONS: i. Conduct inspection of residential properties at owner's request. a. Meet with property owner /s on site. b. Conduct "whole house" building condition analysis. 2. ;valuate the physical condition_ of the property, including: a. Energy efficiency b. Structural, mechanical, electrical, and plumbing deficiencies. C. Interior space, function and floor plan issues. d. Kitchen and bathroom upgrades_ Health and safety issues. f. Exterior and cosmetic areas. g_ Decks, walkways and drives. Landscaping, grading and drainage. 3. 'provide owner with information on condition of the property. :_. Provide owner with verbal feedback on potential issues or cone= rns _ ..rltt-en analysis I "epOi "t =0 O�,Jner, as neCeSSai V. i>> . ovide information and guidance to property owners on suc'� topics as: �• Options for improving property, including energy savings, system upgrades, economic return of proposed improvements. b. Design issues and function of proposed improvements c_ Potential building, plumbing, electrical and mechanical code and other municipal requirements. d. Evaluating, selecting and recommending materials and products. e. Evaluating "do- it- yourself" vs. Hiring a contractor. f. Utilizing other professional resources, such as architects, engineers, and legal professionals. g- Referrals to City staff on planning, zoning, building and financing resources. 5. Prepare brochures, project manuals, and other literature on home improvement topics_ 6. Prepare quarterly newsletter article on home remodeling advisor services and cable television access program on home remodeling topics. �. Consult with Housing Coordinator, Building Official and other City staff on pertinent issues related to the counseling service. a. Prepare customer service evaluation cards and distribute to customers. 9. Participate in the annual HRA Remodeling Fair. 10. Prepare monthly reports on activity levels. 11. Advise HRA and staff on ways of improving service, as necessarv. 12. Review with HRA Coordinator the status of all projects regularly. OTHER JOB FUNCTIONS: tabl.l_S }7 and malilta lI On- C7o1I7 M MINIMUM QUALI F ICATIONS : 1. A bachelor's degree or technical degree in housing, residential design, architecture or closely related field. 2. Three years' experience in the residential remodeling field. 3. Knowledge of local, state and federal building and housing codes. 4. Knowledge of building materials, construction methods, and components of residential structures. 5. A minimum of two years' experience in residential oroperrty inspections. 6. Able to meet with property owners on evenings and week - ends for appointments. V. Valid driver's license. 8. Effective oral and written communication skills. , DESIRED QUALIFICATIONS: 1. Familiar with cost estimating and specification writing. 2. Able to work independently. 3. Previous work experience with an HRA or housing agency. 4. Structural design experience. WORK ENVIRONMENT: The attached work environment characteristics are representative of those an employee encounters while performing the essential functions of HRA Home Remodeling Advisor. Reasonable accommoda- tions may be made to enable a person with disabilities to perform the essential job functions. WORK SCHEDULE: As part of the normal work hour the schedule will include evening and weekend hours. This is a contracted position that is subject to renewal. COMPENSATION AND BENEFITS: '1'hi.s is a contracted, full -time position with the Fridley Housina and Redevelopment Authority. Starting salary is Per hour depending on qualifications. Benefits include insurance (Life, health, workers' compensation, and unemployment compensation) paid entirely or partially for the employee bhe employer; eighteen (18) days of earned annual leave per yar eleven (11) holidays per year; and employer's share of paym and ents to Social Security, Medicare and Public Association. Employees Retirement APPLICATION PROCEDURES: Submit a letter of application (cover letter), a resume and a City of Fridley application form Position. to be considered for this For to materials contact the City of Fridley, 6431 University Avenue N.E., Fridley, Applications must be received or Postmarked no later (612) Monday, February 10, 1997. January 1997 Women and minorities are encouraged to apply The Fridley Housing and Redevelopment authority and the City of Fridley will not discriminate against or harass any employee -or applicant for employment because of race, color, creed, religion, national origin, sex, disability, age, marital status, sexual orientation, or status with regard to public assistance. Home Remodeling Advisor 1997 Cost Projections Item Amount Salary $ 31,200 Social security $ 1,934 Medicare contribution $ 452 Health Insurance $ 2,304 Workers compensation $ 370 Unemployment compensation $ 310 ICMA retirement $ 1,398 $ 37,968 1 Exhibit B MEMORANDUM HOUSING AND REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William W. Burns, Executive Director of the HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Consider Resolution Authorizing Execution of a Development Contract with Noah's Ark of Minnesota, Inc. BACKGROUND On August 8, 1996, the HRA passed a motion authorizing staff to proceed with formal negotiations with Ark Development to provide pay -as- you -go tax increment financing and to prepare a development contract for HRA approval. Since last fall, the developer has obtained the required land use approvals and has initiated the process to request a tax exempt housing mortgage revenue bond issuance from the City. At the February 13, 1997 meeting, Mr. Casserly updated the HRA about the status of his review of the development's pro forma and market feasibility study. The necessary approvals for the bond issuance is likely to occur at one of the Council meetings in April PROPOSAL Noah's Ark of Minnesota Inc., a non profit housing group, is proposing to construct a 108 unit independent living apartment building at the site located just east of Springbrook Apartments and just south of Wal -Mart Mart. 72 units are one bedroom units and 36 are two bedroom units. The size of the units range from 750 square feet to 1,200 square feet. DEVELOPMENT CONTRACT The site is located in Tax Increment District #3. As is typical with "pay as you go" projects, the developer is required to complete the project and receive a Certificate of Completion prior to receiving payments from the HRA. In return, the HRA agrees to issue a "note" promising payment of tax increment (Schedule C of the development contract) up to $683,156 beginning August 1, 1999 and terminating on August 1, 2007. This is the entire amount of increment generated by the project until the end of the district on August 1, 2007. 2 Contract with Noah's Ark March 7, 1997 Page 2 The contract defines "available tax increment" as increment which is generated by the project site only, as if it were its own district. The note requires the HRA to pay the lessor of the available tax increment or the scheduled payment amount identified in the note ($63,166). If the increment is not sufficient, the HRA is not obligated to pay the outstanding amount unless increment becomes available. If there is any unpaid amount at the point the district expires, the HRA is not obligated to pay the balance. While insufficient increment is not anticipated (the project will generate approximately $150,000 /year in taxes), this approach protects the HRA from using increment from the remainder of the district. Section 2.2 (j) also requires the developer to certify annually to the Authority that the project is in compliance with the "exempt facility requirements" of the Internal Revenue Code. In order to receive tax exempt financing, 40% of the units must be rented to households at 60% of the area median income ($52,800). The total project cost is $9,600,000. The contract, however, defines the cost of the "minimum improvements" as $7,350,000 excluding financing costs, debt service reserve, marketing, equipment, and working capital. Mr. Cassedy's memo of March 6, 1997 documents his analysis of the market study and pro forma. Without tax increment assistance, the rents would be 12 % to 14% higher, and thus would not be affordable to Fridley seniors. The reduced interest rate on the bond also helps to reduce the project cost and make the project attractive to the market in which it is located. The site contains a wetland and will require additional fill, wetland mitigation, and other site improvements to create a buildable site. This proposal is really a true "housing" project as opposed to the many redevelopment and economic development projects the HRA has completed. The HRA's assistance is providing affordable senior housing as opposed to creating jobs (Wallboard Inc.) or clearing the site for sale to a developer (southwest quadrant). ISSUES RAISED BY CHAIRPERSON COMMERS In July, Chairperson Commers asked me to research previous Council discussion on senior housing. Mr. Commers subsequently faxed a memo from 1989 from the City Manager to the HRA (see attached). The Council developed this policy in response to two concurrent senior development requests which were proposed at the time: John Arkell's "Cottage" proposals, and Westminster's (now Common Bond) request for market rate housing (Arkell withdrew his land use requests and the Westminster request did not proceed because they needed about 25% assistance). The proposed project by Noah's Ark meets the guidelines discussed in the 1989 memo. The pay as you go approach preserve's the HRA's cash flow as opposed to a loan of up F'; A Contract with Noah's Ark March 7, 1997 Page 3 to 15 %. The largest amount of assistance at $680,000 represents about 8% of the project cost. Noah's Ark is a non profit organization. The bond sale and the TIF must be in place for the project to occur. The project meets the "but for' test. Mr. Commers also asked that Todd Stutz be contacted to determine if the project would affect the development of the senior townhomes. Stutz was contact in July and stated he had no objections to the HRA assisting the project, and felt that both products would be good for Fridley's senior market. RECOMMENDATION Staff recommends the HRA adopt the resolution authorizing execution of the development contract. Section 3.01.(2) of the resolution. conditions execution of the development contract on the approval of the housing bond by the City Council. BD/ M -97 -118 HC HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR PRIVATE REDEVELOPMENT BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY FRIDLEY AND NOAH'S ARK OF MINNESOTA, INC. BE IT RESOLVED by the Board of Commissioners (the "Commissioners ") of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority ") as follows: Section 1. Recitals. 1.01. It has been proposed that the Authority enter into a Contract For Private Redevelopment (the "Contract ") with Noah's Ark of Minnesota, Inc. (the "Redeveloper ") . Section 2. Findings. 2.01. The Authority hereby finds that it has approved and adopted a development program known as the Modified Redevelopment Plan for its Redevelopment Project No. l (the "Redevelopment Program ") pursuant to Minnesota Statutes, Section 469.001 et sea. 2.02. The Authority hereby finds that the Contract promotes the objectives as outlined in its Redevelopment Program. Section 3. Authorization for Execution and Delivery. 3.01. The Chairman and the Executive Director of the Authority are hereby authorized to execute and deliver the Contract if the following conditions are met by July 1, 1997: 1. Substantial conformance of a Contract to the Contract presented to the Authority as of this date; and 2. A final approval by the City of Fridley of a housing revenue bond to finance the project described in the Contract. Adopted by the Board of Commissioners of the Authority this day of , 199. ATTEST: Executive Director Chairman EN KRASS MONROE K K N s s \1ovR wu. 1'._A. ■ James R. Casserly e'r'r () K N r; ) S ,% r 1. 1 Direct Dial. (612) 885 -1296 MEMORANDUM TO: City of Fridley Attn: Barbara Dacy, Community Development Director William Burns, City Manager FROM: James R. Casserly RE: Tax Increment Assistance for the Noah's Ark Project Our Project No. JRC 9571 -2 DATE: March 6, 1997 In reviewing the need for assistance of the 108 unit senior housing project to be constructed by Noah's Ark of Minnesota, Inc., we have considered the following: 1. A Market Feasibility Study for Senior Housing in Spring Lake Park, Minnesota prepared by the Maxfield Research Group, Inc. in December 1995. 2. The relevant pages which have been updated for the study described above. The updated analysis was prepared in anticipation of the revenue bond issue for the Spring Lake Park Senior Housing Project. The updated portion is attached. I The current rent schedule for the Spring Lake Park Senior Housing Project which is now called Oak Crest Apartment. The schedule attached is titled "Oak Crest Apartment Unit Monthly Rental Rates ". 4. A pro forma titled "Fridley Housing Senior Housing Project" with the description in the lower right corner "With TIF Proceeds ". This pro forma is attached. 5. A pro forma for the Fridley Senior Housing Project with the notation, "No TIF Proceeds" in the lower right -hand corner. This pro forma is attached. >rrrr IE0u Su; i;ipu1Nr 011'X1: C1.vIi;e • 1650 \V'r:,r 1' 1 . Si.vu +,i\:u11\, N11\N, <11 554:3 1 1417 fi;i,ei nu, 1: 612 '883.15999 6. The assumptions and the cash flow and present value analysis. This analysis shows the amount of tax increment generated based on the attached assumptions. The assumptions and cash flow and present value analysis is also attached. Based on the studies and attachments, we have concluded that without tax increment assistance rents would be 12 -14 percent greater than the projected 1998 lease rates. The higher rents would deter the project being leased to acceptable occupancy levels, which, in turn, would make unsalable the mortgage revenue bonds that are to be issued to finance the project. In short, but for the Authority's assistance, this project would not proceed. Below is a chart of the lease rates illustrating the necessity for tax increment: LEASE RATES ($) Approx Sq Ft 1996 1997 1998(w/ TI) 1998(No TI) 1 BR 750 645 665 685 775 2 BR 1200 1025 1065 1095 1240 A. The 1996 lease rates are from Table 18 of the Updated Market Feasibility Analysis described in 2 above. B. The 1997 lease rates are the actual lease rates for the Oak Crest Apartments as described in Item 3 above. 25 of the units at Oak Crest Apartments have been pre- leased for those rates. The project is due to open in the summer of 1997. C. The 1998 lease rates with tax increment are found in the Fridley Senior Housing Project pro formas, Page A -5 and Page B -5 (see Items 4 and 5 above). D. The 1998 lease rate with no tax increment are arrived at by calculating the value of the tax increment assistance and then subtracting that from the income stream to arrive at the percentage increase needed in rents that would generate the same revenues without the use of tax increment. Another way to consider the impact is to use the projected tax increment revenue ($126,332) and divide by the number of units (108) which is an annual subsidy per unit of $1,169.74, which divided by 12 is a monthly subsidy of $97.48. In very general terms, each unit would pay approximately $100 of additional rent per month without the tax increment assistance (because the increases are based on a percentage, the dollar amount of the increase is greater for the higher priced units). MA It should be noted that the tax increment assistance terminates in June of 2007. 13y that time the project is projected to have adequate debt service coverage ratios without the need for additional tax increment assistance (see the Fridley Senior Housing Project pro forma with TIF proceeds, Page A -9, and the Fridley Senior Housing Project pro forma no TIF proceeds. Page B -9. The debt service coverage ratios are significantly different with and without the use of tax increment). Our conclusion is that this project would not proceed without the assistance being provided by the Authority. Even with the Authority's assistance, the Redeveloper needs to sell mortgage revenue bonds at an interest rate that does not drive up the lease rates. The construction costs must also approximate those costs shown on the pro formas on Pages A -2 and B -2. If we can provide any further assistance or any additional analysis, please give us a call. JRC /kh Encl - M,INN SO -i A Y OF 02- 30 -24 -22 -0010 (Existing TIF #3) 3.400% Original Market Value 5,754,079 44,262 / unit 4,603,263 Original Tax Capacity 126,129 60.000% @ 74,745 148,406 40.000% @ Estimated Construction Costs 104 units @ Estimated Market Value 80.000% 104 units @ Estimated Tax Capacity 60.000% 62 units @ 40.000% 42 units @ Estimated Taxes 62 units @ 42 units @ Pay 1996 Tax Rate 1.17662 Construction 100.000% 1997 Valuation 1998 Taxes Payable 1999 Administrative Fees 10.000% Inflation 0.000% Present Value Rate 06/01/97 8.000% 249,300 2.300% 6,831 3.400% 55,328 / unit 5,754,079 44,262 / unit 4,603,263 2.300% 63,525 126,129 3.400% 62,604 74,745 148,406 73,662 WAt_MART1 4G 17 -jun -5 * According to Anoka County's records, the TIF District terminates in June, 2007. 'ALMAR T 1 It a '7 -Jun- Original Estimated Captured Estimate d Less: Available 8.000% P. V. RATE Tax Tax Tax Tax Admin Tax Semi Annual Cumulative Date Capacity Capacity Capacity Increment Fees Increment Balance Balance 06/01/97 6,831 6,831 0 0 0 0 0 0 12/01/97 6,831 6,831 0 0 0 0 0 0 06/01/98 6,831 126,129 0 0 0 0 0 0 12/01/98 6,831 126,129 0 0 0 0 0 0 06/01/99 6,831 126,129 119,299 70,185 7,018 63,166 53,995 53,995 12/01/99 6,831 126,129 119,299 70,185 7,018 63,166 51,918 105,913 06/01/2000 6,831 126,129 119,299 70,185 7,018 63,166 49,921 155,834 12/01/2000 6,831 126,129 119,299 70,185 7,018 63,166 48,001 203,835 06/01/2001 6,831 126,129 119,299 70,185 7,018 63,166 46,155 249,990 12/01/2001 6,831 126,129 119,299 70,185 7,018 63,166 44,380 294,369 06/01/2002 6,831 126,129 119,299 70,185 7,018 63,166 42,673 337,042 12/01/2002 6,831 126,129 119,299 70,185 7,018 63,166 41,031 378,073 06/01/2003 6,831 126,129 119,299 70,185 7,018 63,166 39,453 417,527 12/01/2003 6,831 126,129 119,299 70,185 7,018 63,166 37,936 455,463 06/01/2004 6,831 126,129 119,299 70,185 7,018 63,166 36,477 491,940 12/01/2004 6,831 126,129 119,299 70,185 7,018 63,166 35,074 527,013 06/01/2005 6,831 126,129 119,299 70,185 7,018 63,166 33,725 560,738 12/01/2005 6,831 126,129 119,299 70,185 7,018 63,166 32,428 593,166 06/01/2006 6,831 126,129 119,299 70,185 7,018 63,166 31,181 624,347 12/01/2006 6,831 126,129 119,299 70,185 7,018 63,166 29,981 654,328 * 06/01/2007 6,831 126,129 119,299 70,185 7,018 63,166 28,828 683,156 1,193,137 119,314 1,073,824 683,156 683,156 * According to Anoka County's records, the TIF District terminates in June, 2007. 'ALMAR T 1 It a '7 -Jun- E 0�A K D U V City of frilief 44$1 UslreroitI A*ieeo a_ C. r m Iri4tel. 046ee6e14 4640$ Jrk... (6131071 -0490 Chyka of th* City Manager William YH_ Burn's TO: Housing and Redevelo went Authority FROX: William W. Burns ,j ��7 L 1;' DATE: December 14, 1989 SUBJECT: TIF Guidelines for Senior Housing council discussed the uses of TIF for senior housing projects at a conference session on December 11, 1989. An informal consensus reached at this meeting establishes the following guidelines: 1. TIF may be used to provide a loan of up to fifteen percent (151) of the project cost for any purposes allowed under State law. The loan is to be secured by a second mortgage. 2. TIF may be used to provide a grant of up to five percent (S$) of project cost. The grant is to be used for soil correction or land assemblage. 3. TIF may be used to provide a combination grant and loan that does not exceed the value of a fifteen percent (15$) loan. The grant and loan components are to be used for the purposes identified in Items 1 and 2. 4. In deciding whether to award a grant or loan, several conditions should be observed: a- There should be a demonstrated local market for the project. b. The loan or grant should be funded from the tax increment generated by the project. C. Generally speaking, preference should be given to redevelopment projects over projects proposed for vacant land. OFF idemorandum to F:RA December 14, 1989 Page Two Council also indicated a desire to reexamine the TIF standard for senior housing at such. time as they consider comprehensive TIF guidelines. Finally, Council supports the use of housing revenue bonds as a form of assistance for senior housing projects. They recognize that this tool may be used by itself or in combination with tax increment financing. WWB:rsc MEMORANDUM HOUSING AND REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William W. Burns, Executive Director of the HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Approve Agreement for Final Design Engineering Services with SEH BACKGROUND SEH has completed the preliminary design and engineering services authorized by the HRA in November 1996. A successful neighborhood informational meeting was conducted at the February 19, 1997 Planning Commission meeting (minutes enclosed in packet). In order to accomplish a Spring 1998 construction start, the final plans and specifications for the Lake Pointe intersection must be submitted to MnDOT on June 30, 1997. The intersection design, as preliminarily approved by MnDOT, is nearly the same as was contemplated in 1986, except for modifications to the 1 -694 ramps. PROPOSED AGREEMENT The attached agreement is for final design services to prepare the project for bidding this fall. The agreement includes services for project management, base mapping, soils investigation, final right of way determinations, final roadway design, final roadway construction plans, and completing necessary permits including a DNR and Rice Creek Watershed permit. The total cost is $199,725. This amount has been included in the 1997 budget. HRA COST Because of the availability of Federal funds, the cost to the HRA for the intersection improvement was reduced from $1,900,000 to $380,000 or 20% of the total. John Flora, Public Works Director, advised me that this amount is for "construction dollars ". Design preparation is typically in addition to the project cost. Flora is however requesting the State to reimburse the City for the design costs, and keep the HRA contribution to $380,000. It is staffs desire that HRA authorization of this agreement is in essence Agreement with SEH March 7, 1997 Page 2 $200,000 of the $380,000 share. It is expected that the State and County will be paying a portion of these project costs as well. RECOMMENDATION Staff recommends the HRA approve agreement for final design services and workplan as presented. BD/ M -97 -117 W AGREEMENT FOR ENGINEERING SERVICES BETWEEN CITY OF FRIDLEY HRA, MINNESOTA AND SHORT ELLIOTT HENDRICKSON INC. FOR TRUNK HIGHWAY 65 (CENTRAL AVENUE) FROM TRUNK HIGHWAY 694 TO LAKE POINTE DRIVE IN ANOKA COUNTY, MINNESOTA THIS AGREEMENT made as of the _ _ day of — in the year Nineteen Hundred and Ninety -Six, by and between the CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY, MINNESOTA hereinafter called the HRA, and SHORT ELLIOTT HENDRICKSON INC., 3535 Vadnais Center Drive, St. Paul, Minnesota, hereinafter called SEH. WITNESSETH, the HRA requires professional Final Design Services for the reconstruction of TH 65 (Central Avenue) from TH 694 to Lake Pointe Drive in Anoka County, Minnesota. The project is more specifically described as removing the northwest and southeast loops to the TH I interchange; realigning the northwest and southeast ramps to create intersections with TH 65; adding auxiliary lanes on TH 65; intersection improvements at Lake Pointe Drive; access improvements along County Road 35 and Hathaway Lane/Polk Street; and traffic signals. The project has been approved for federal ISTEA funds and is a cooperative agreement effort between the HRA, County and MnDOT. NOW, THEREFORE, the HRA and SEH for the consideration hereinafter set forth agree as follows: SECTION I - BASIC SERVICES OF SEH A. GENERAL 1. SEH agrees to perform professional services in connection with the Project as hereinafter stated. SEI -I shall serve as the HRA'S professional representative for the final design of the Project to which this Agreement applies, and shall give consultation and professional advice to the HRA during the performance of their services. M I3. FINAL DESIGN SERVICES Final Design Services will be performed in accordance with the scope of services identified in the Work Plan included as Attachment A- C. CONSTRUCTION SERVICES Construction Services will be performed by Mn/DOT. D. STANDARD OF CARE The Standard of Care for all professional services performed or furnished by SEH under this Agreement will be the care and skill ordinarily used by members of SEH'S profession practicing under similar conditions at the same time and in the same locality. SEH acknowledges and understands that the award of this Agreement to SEH is based in substantial part on the skill and expertise of the individuals assigned to the project. Any change to personnel assignments should be discussed with the HRA prior to its occurrence. SECTION H - ADDITIONAL SERVICES OF SEH A. GENERAL SEH shall furnish additional services not included within the scope of the above work plan if authorized in writing as an amendment to this Agreement by the HRA. The additional services may include the following: 1. Photo imagery renderings to assist in public understanding of project. 2. Field stake proposed easements, right -of -way and construction limits. 3. Attendance at meetings in excess of the aggregate meetings identified in segment work plans. 4. Making revisions in drawings, specifications or other documents when such revisions are: a. Inconsistent with approvals or instructions previously given by the HRA. b. lZequired by the enactment or revisions of codes, laws or regulations subsequent to the preparation of such documents. Pagc o. 2 J.. Pw C. Due to chml;es i- ecluired as a result of the I IRA'S failure to render decisions in a timely manner. d. Due to any other causes beyond SETTS control_ 5. Additional services due to significant changes in the general scope of the project or its design including but not limited to changes in size, complexity of character or type of construction. 6. Serving as an expert witness for the HRA in any litigation or other proceedings involved in the Project. SECTION [I[ -THE HRA'S RESPONSIBILITY A. THE HRA SHALL; Provide full information as to its requirements for the Project. ?. Assist SEH by furnishing all available information pertinent to the Project. 3. Furnish copies of available aerial topographic maps and half section maps for the area adjacent to the Project. 4. Furnish all existing right -of -way and property lines in the Project area. 5. Guarantee access to and make all provisions for SEH to enter upon public and private lands as required for SEH to perform work under this Agreement. 6. Give prompt written notice to SEH whenever the HRA observes or otherwise becomes aware of any defect in the Project. 7_ Bear all costs incidental to compliance with the requirements of this Section III. SECTION IV - PERIOD OF SERVICES A. 1=INAL DESIGN The services called for in this Agreement shall be commenced within one \\;ee(: of approval of this Agreement. The critical schedule dates are summarized below. Page No. M B A i C • Anticipated Notice to Proceed 1997 • Preliminary Plan Submittal June 2, 1997 • Plan Submittal for Mn/DOT Revie", September. 1997 • Final Plan Submittal October, 1997 GENERAL Unless sooner terminated as provided in Paragraph VI_D., this Agreement shall remain in force for a period which may reasonably be required for completion of the Project, including extra work and any required extension thereto. SECTION V - PAYMENT TO SEH PAYMENTS FOR THE BASIC SERVICES OF SEH UNDER SECTION L 1. Final Design SEH shall be compensated for work as described in Section I.B. on the basis of the properly allocable costs incurred on the Project, not to exceed $199,725. The costs of performing the work on the Project shall include the direct labor costs incurred relating to salaries of employees for time directly chargeable to the Project, plus a 1.69 multiplier for overhead costs times a 1.15 multiplier for profit. The cost of reimbursable expenses as outlined in Section V.C., and the cost of equipment utilization as outlined in Section V.D., shall also be included. SEH shall be compensated monthly for this work based on costs incurred. PAYMENTS FOR ADDITIONAL SERVICES OF SEH UNDER SECTION II AS FOLLOWS: 1. The HRA shall pay SEH monthly for all other additional services authorized by HRA and performed in accordance with Section II.A. Payments shall be based on the cost of performing the work as defined in Section V.A.1. REIMBURSABLE, EXPENSES Transportation expense equal in amount to employee reimbursement. 2. Fees paid IOr, in the name of the HRA, for securin-1 approval of authorities havin�i jurisdiction over the Project. Pagc No_ Ga KIJA Layout and report reproduction expenses_ 4. Other special travel and expenses connected therewith required in connection with the Project and authorized by the HRA. D. EQUIPMENT UTILIZATION The utilization of specialized equipment (computers, electronic survey equipment and automatic data plotting equipment) for data acquisition, detailed engineering computations and plan preparation as well as for the development and preparation of easement descriptions is recognized as benefitting the HRA through more efficient production of project documents and minimization of costs involved with document modification when the Project scope or other conditions change. The HRA, therefore, agrees to pay the reasonable cost for the use of such specialized equipment on the Project. SEH invoices to the HRA will contain detailed information regarding the use of specialized equipment on the Project and charges will be based on the standard rates for the equipment published by SEH. E. GENERAL The payroll cost of salaries and wages as the basis for payment under Paragraph V.A. and V.13. shat: n -.ean the cost of salaries and wages paid to principals and employees engaged directly on the Project, including, but not limited to engineers, surveyors, technicians, drafters, specification writers, estimators, stenographers and clerks, plus cost of fringe benefits including, but not limited to, Social Security contributions, unemployment, excise and payroll taxes, Worker's Compensation, Health and Retirement Benefits, incentive compensation, sick leave, vacation and holiday pay applicable thereto. 2. If this Agreement is terminated upon completion of any phase of SEH's services, the monthly progress payments shall be made in accordance with Section V.A. through V.D.. If SEH's services are terminated during the phase of the work, SEH shall be paid for services performed during such phase. Payment during such phase shall be based on an hourly rate as described in Section V.A. and V.B. SECTION VI - GENERAL CONDITIONS A. IZEUSE OF DOCUMENTS All documents, including computer software. drawings, and specifications, prepared by SEII pursuant to this Agreement are instruments of- service in respect to the Project. They are not intended or represented to be suitable for reuse by the I IRA or others on extensions of the ['roieet or on anv other Projcct. Any reuse tiV*thout written verification or adaptation by SI I I Pa3,;c No. M for the specific purpose intended will be at the HRA'S sole risk and %rithout liability or legal exposure to SEII; and the I IRA shall indemnify and hold harmless SEH from all claims, damages, losses and expenses including attorneys' fees arising out of or resultingr therefrom. B. ELECTRONIC DRAWING FILES The Electronic Files to be submitted by SEH to the HRA are submitted for an acceptance period of 30 days. Any defects the HRA discovers during this period will be reported to SEH and will be corrected as part of SEH'S scope of Basic Services. Corrections of defects detected and reported after the acceptance period will be compensated for as Supplemental Services. The HRA acknowledges that the electronic files are constructed to meet the specific purpose of the project identified herein. SEH offers no guarantees, warrantees, or representation as to the accuracy, suitability or reliability of these electronic files for any, other purpose. Any use or reuse of this information for other purposes is done at the sole risk of those performing the use or reuse. Potential misinterpretations include but are not limited to positional accuracy, topological (inplace or proposed) representation and programs used to derive and/or interpret data (executables, criteria files, user commands, etc.). C. ASSIGNMENT SEH shall not, without the written consent of the HRA, assign any interest or obligation in this Agreement. D. BONDING, INDEMNITY AND INSURANCE SEH does hereby agree that it will indemnify and hold harmless the HRA against any and all liability, loss, damages, costs and expenses which the HRA may hereafter sustain, incur, or be required to pay, but only by reason of and to the extent of any negligent act or omission or intentional act of SEH, its agents, officers or employees during the performance of this Agreement. The HRA does hereby agree that it will indemnify and hold harmless SEH from any and all claims, damages, losses and expenses including attorney's fees, arising out of or resulting from the use of the design services provided by SEH under this Agreement. 2. SEH does further agree that it will at all times during the terns of the Agreement have and keep in force: A single limit or combined limit or excess 11111br-clia L­11�:ral liandil" insurance policy of an amount ofnot less then X200.000 for Pr�_�;,rrty danrwe Page No. 6 RIE arising lrom one 0, currerpc, $60Q_,�00 t: >r total bodiiv or personal injuries or death and /or damages arising from one occurrence. Such policy shall also include contractual liability coverage naming the HRA, b }� its officers, agents, and employees, as certificate holder, by specific endorsement or certificate acknowledging the contract between SEH and the HRA. b. A single limit or combined limit or excess umbrella automobile liability insurance policy, if applicable, covering owned, non- owned, and hired vehicles used regularly in the provision of services under this Agreement, in an amount of not less than $200,000 per accident for property damage, $600,000 for bodily injuries and/or damages to any one person, and $600,000 for total bodily injuries and/or damages arising forin any one accident_ c. A professional liability insurance policy covering personnel of SEH while performing services under this Agreement, naming the HRA as certificate holder in the following amounts: $200,000 per claimant for personal injuries, bodily injuries, death, and/or damages, and $600,000 for total bodily injuries, personal injuries, death and/or damages arising from one occurrence. d. Worker's Compensation Insurance. 3. Prior to the effective date of this Agreement, SEH will furnish the HRA with certificates of insurance. 4. The HRA may withhold payment for failure of SEH to furnish certificates of insurance as required above_ S. Any policy obtained and maintained under this clause shall provide that it shall not be canceled, materially changed, or not renewed without thirty (30) days' prior notice by the insured to the HRA. E. AUDITS, REPORTS, RECORDS AND MONITORING PROCEDURES SEH will maintain records which reflect all revenues, costs incurred and services provided in the performance of the Agreement. ?. SEII will agree that the HRA, the State Auditor or legislative authority, or any of their duly authorized representatives, at any time during normal business hours and as often as they may deem reasonably necessary, shall have access to and the right to examine, audit, excerpt, and transcribe any book, documents, papers, records, etc., and accounting procedures and practices of SEH which are rclev ant to the contract PaL,e No. 7 1:' DATA PRIVACY All data collected, created, received, maintained, or disseminated, or used for any purposes in the course of the performance of this Agreement is governed by the Minnesota Government Data Practices Act, Minnesota Statutes 1984, Section 1301 et seq., or any other applicable state statutes and state rules adopted to implement the Act, as well as state statutes and federal regulations on data privacy, SEH agrees to abide by these statutes, rules and regulations and as they may be amended. G. EQUAL EMPLOYMENT OPPORTUNITY - CIVIL RIGHTS During the performance of this Agreement, SEH agrees to the following. No person shall, on the around of race, color, religion, age, sex, disability. marital status, public assistance status, criminal record, creed or national origin, be excluded from full employment rights in, participation in, be denied the benefits of, or be otherwise subjected to discrimination under any program, service, or activity under the provisions of any and all applicable federal and state laws against discrimination including the Civil Rights Act of 1964. SEH will furnish the HRA all reports required by Executive Order No. 11246 and Revised Order No. 4, and by the rules and regulations and orders of the Secretary of Labor, the Minnesota Department of Human Services for purposes of investigation to ascertain compliance with such rules, regulations and orders. 2. If during the term of this Agreement, it is discovered that SEH is not in compliance with the applicable regulations as aforesaid, or if SEH engages in any discriminatory practices, then the HRA may cancel said Agreement as provided by the cancellation clause of this Agreement. H. INDEPENDENT CONTRACTOR It is agreed that nothing herein contained is intended or should be construed in any manner as creating or establishing the relationship of copartners between the parties hereto or as constituting SEH as the agent, representative or employee of the HRA for any purpose or in any manner whatsoever. SEH is to be and shall remain an independent contractor with respect to all services performed under this Agreement. SEH represents that it has, or will secure at its own expense, all personnel required in performing services under this Agreement. Any and all personnel of SEH or other persons. while engaged in the performance of any work or services required by SEH under this Agreement, shall have no contractual relationship with the I -IRA and shall not be considered employees of the HRA. I'a(re No. 8 R MODIFICATIONS Any material alteration, modification, or variation shall be reduced to xvriting, as an amendment and signed by the parties. Any alterations, modifications, or variations deemed not to be material by agreement of the HRA and SEI -1 shall not require written approval- MERGER It is understood and agreed that the entire Agreement of the parties is contained here and that this contract supersedes all oral agreements and negotiations between the parties relating to this subject matter. All items referred to in this contract are incorporated or attached and deemed to be part of the contract. K. TERMINATION This Agreement may be terminated by either party upon seven days' written notice should the other party fail substantially to perform in accordance with its terms through no fault of the party initiating the termination. In the event of termination, SEH shall be paid compensation for services performed to termination date, including Reimbursable Expenses then due and all terminal expenses. L. FAILUIZE TO MAKE PAYMENTS If the HRA fails to make any payment due SEH for services and expenses within thirty days after receipt of SEH's statement therefor, SEH may, after giving seven days' written notice to the HRA, suspend services under the Agreement until SEH has been paid in full all amounts due for services, expenses, and charges. Page N()_ SEII leaving signed this contract, and the City of Fridley Housing and Redevelopment Authority leaving duly approved this contract on the day of 1996, and pursuant to such approval and the proper HRA officials having signed this Contract, the parties hereto agree to be bound by the provisions herein set forth. APPROVED: CITY OF FRIDLEY HRA, MN BY: Chairperson Date Executive Director Date ADDRESS FOR GIVING NOTICES: 6431 University Avenue NE Fridley, MN 55432 -4383 RECOMMENDED FOR APPROVAL: Public Works Director SHORAELT-F EN N INC. B Y : reiner, P.E. Highway Department Manager Principal 3535 Vadnais Center Drive St. Paul, MN 55110 Page No. 10 m z a a x 0 3 r� 0 I U i I — � I li i 00 - { -- { —i— A I v I I I a j lI o I i J j � m a i i I 1 i I •� �O ,O N N V I I I! vl 00 V C NO c� cry a to 2' > Y � •� G. 0.�, I I I � i � j � I I I )� ii 0 ° 2 I a, j 11 3 a a3i y o oa . � u C m v I I I V "O G CC A W LW. CO to on M o :� v° H u Ev ccc3�� 7 Q p v l,^. U o v T M T cc C mCm It) CO M W ti V Cr d M L � lo .c a oz El Ei O U O v :r O y^ O O 7 v is M I� C .�? V C 75 IY I o U; M c• I w N b 'O cJ p G U "' = j a] 3 0. 0..i O C) �"' �• c v]I JI v� fV � I.0 T U � I' J � c•7 G � I� 1� v _� � j � ,? � �' II ��q � C V_� G Itj 3 i4 y bl� I<. Icy lu �� -L r i� ;:1 •.fi c �I I� ,s Ir .� :J �� I ., G i 'd 4' U ;i N li _ m C w r 0 T V b y L � G C J � C � CL `� � o d' ~ � L RM J 1 x 0 W C m V'r1 f � O� C 'T; Y 1 N 1 [�i r' �� N C C` : ��� .--• ' N N .-. CD 1 I I t m O O N �O ' C O 00 00 �° O O N O cn � O_.....-- � 7I mi CI, I j N.N � I I I � U E�! G r C C r. yL U y G C CO v -o W w y .a w C a n G Z3 3 E G to b y d T CL Q b U c2 p > v E 'b �! c it `� c is o EO a 3 0 3 0 C r-7 rr o .. O. E 2 o v o y E C) U C 3 T v .moo o' CI (v �v U� y a 'C1 i li c C v � E9 �I cIL a v s s 00 p Q S I' U cV _ GI C J" ,n _J J C J J. C r CXI � U U� I G I UI 'COC: r � C U 1 — i rZ, RM J 1 x 0 W C z Q x t1: 9 U U C� L CL � H w W-1 I U C O W v O N O � I t-1 O ;M9 MEMORANDUM HOUSING REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William Burns, Executive Director of HRA ol� FROM: Barbara Dacy, Community Development Director SUBJECT: Tax Increment Financing Application, by Linn Property Holdings, LLC Steve Linn of Linn Property Holdings has filed a tax increment financing application to create a TIF district to complete a redevelopment project on the north side of 57`h Avenue. The developer has entered into purchase agreements for the former Dick's Wheel and Tire building and three other lots to the west of Dick's Wheel and Tire. The proposed redevelopment would renovate Dick's Tire into a Goodyear Service Center, and the parcels to the west of the service center would be redeveloped into an 8,000 square foot retail mall. The developer is taking on the acquisition, demolition, and site preparation costs to complete the proposed project. This is truly a redevelopment project and not an economic development project. The HRA, however, is not completing the redevelopment activities such as acquisition, demolition, and parcel assembly. In order to complete the project, the developer is requesting $200,000. How the assistance is to be provided has not been determined. Staff has asked for a pro forma on the retail strip mall and is currently reviewing the materials attached to the TIF application. The total project cost is $1,530,800. Of this amount, the developer identifies approximately $452,850 of land acquisition and demolition expenses. M Linn Property TIF Application March 7, 1997 Page 2 The developer has completed similar projects in Oakdale, Woodbury, Cottage Grove, and Newport. The developer is now proposing sites in Fridley, Brooklyn Center, and Blaine. Staff has taken photos of some of the other developments, and those will be available for review at Thursday's meeting. REVIEW PROCESS The developer has filed concurrently a variance application for a variety of setback variances for construction of the strip mall. A neighborhood meeting has been scheduled for Tuesday, March 18, 1997 at 7:15 p.m. in the Council Chambers. Also, the developer and Holiday Plus is funding an update to the 57" Avenue traffic study which was completed in 1996 to assess the impact of the proposed development. It is anticipated that the Appeals Commission will review the variance request on April 9, 1997. Because of the timing of the establishment of the public hearing for the requested TIF district, it was necessary for the City Council to pass a resolution establishing the public hearing at its March 3, 1997 meeting for a public hearing on April 14, 1997. State statute requires delivery of the TIF plan to Anoka County and the affected school district 30 days in advance of the public hearing. Therefore, the TIF process had to be initiated prior to more serious consideration by the HRA. Although more information needs to be verified, the initial tax increment analysis completed by Mr. Casserly indicates that the increment from both of the projects could generate up to $200,000 in tax increment. This is not to suggest that this is the amount to be provided to the developer, and is not a recommendation at this time. Rather, it is staff's goal to evaluate an approach whereby the district could "pay for itself' and secondly, a pay -as- you -go approach be implemented as opposed to a grant or a loan. SUMMARY The proposed project meets the requirements of state law regarding a redevelopment district. Further, there are a significant amount of tax increment eligible expenses, namely land acquisition, demolition, and parcel assembly. The remaining issues to be resolved by the HRA are the amount of assistance to be provided to the developer and, more importantly, the quality of the project which is to be constructed, if approved by the City Council. ;. Linn Property TIF Application March 7, 1997 Page 3 There is no formal action required by the HRA at this time. A recommendation on the assistance package and an update on the development package will be on the April HRA agenda. 6 D /dw M -97 -123 W W Z NW 'A3ldiFU U (r ¢ m w Y . i. a _- d� li - - 9° d?'. 3'N "3AV HIS 4 H31N331V1383NIW03 § E� O j Q 9 zzQQ5yy5S HV3A4000 € a Mild 311S i i 3 J i O W 2 { � ypi rp Z t la R y� L Z v J I HsggK r ;i4! 9§b ": � Qai� ?�fiE4 €bli Yqji � ?ii�■ i yYi�'Rr$ aal�m i � �aa� .� ^aG Y4T `lbc si.`ieE gY Sit Y R OAS b65 : Y p ^ DF O r4' WY ) 8 I nill O O m r p Y { o I yy [yC o i � I YY q5k I G�pS 3 { 1S s % I 7 i I '3 Y 1 ;'N -is Hrvn W Z yZyi i� Z n 6 N im i F jk i � �aa� .� ^aG Y4T `lbc si.`ieE gY Sit Y R OAS b65 : Y p ^ DF O r4' WY ) 8 I nill O O m r p Y { o I yy [yC o i � I YY q5k I G�pS 3 { 1S s % I 7 i I '3 Y 1 ;'N -is Hrvn W Z yZyi i� Z n 6 N im i F jk I nill O O m r p Y { o I yy [yC o i � I YY q5k I G�pS 3 { 1S s % I 7 i I '3 Y 1 ;'N -is Hrvn W Z yZyi i� Z n 6 N im i F jk I yy [yC o i � I YY q5k I G�pS 3 { 1S s % I 7 i I '3 Y 1 ;'N -is Hrvn W Z yZyi i� Z n 6 N im i F jk 3 2 go 0 w z ui FC w CC ca -1 -j Z: AN 79AV HUS • Hy3A0009 V 831N30 -lVl3H3nV403 NV-ldAinun 'S ON IaVHO EN sir 9 6- ka -WE- 8r `s €�d r ¢E a 4 O O 3t �f m. V WE- a F OR FEW 21 MPA, us Y • j ` j;�aart HV3A000J 4 H31N301VIOH3ww00 �e Y O � 3 SNOUVA913 8 jjG 9Y F S� y� 8 � Y b V y� I " �g ty S P I-- I �y 101, �1 I� W� o� a 7 N 0 u Wp x— Q < W [ d Ey8 O tloY O N xfE 0 ` Q U t¢ Wp � y K < R W cG Oa U� OnO N O J U Wp x= N �t W Jo Z xp N = H � 6o i rF i 4 WL x T- N � I i I I Z O wW tp < 3 G m O F W F W L J S. i C � Off. eveveve�! !!b - !!ce!tl!ey'I e!e�i�e!i M,., 8 jjG 9Y F S� y� 8 � Y b V y� I " �g ty S P I-- I �y 101, �1 I� W� o� a 7 N 0 u Wp x— Q < W [ d Ey8 O tloY O N xfE 0 ` Q U t¢ Wp � y K < R W cG Oa U� OnO N O J U Wp x= N �t W Jo Z xp N = H � 6o i rF i 4 WL x T- N � I i I I Z O wW tp < 3 G m O F W F W L J S. i C � I a. ------------------ ----------------- -___fl 101 '01 'K c4 faaw. 9 101 -- - - -- - - - - - - - - - - - - - - - 9 10, - - - - -- -- o - - - - - - - - 101 Sr-------- ----- - ---tip f iol ♦ wl/ 'Cov" - - - - - - - - '-= `---- ' -` - - -- 3N YS - ft ti Si flE R; {ai tpi ------------------ ----------------- -___fl 101 '01 'K c4 faaw. 9 101 -- - - -- - - - - - - - - - - - - - - - 9 10, - - - - -- -- o - - - - - - - - 101 Sr-------- ----- - ---tip f iol ♦ wl/ 'Cov" - - - - - - - - '-= `---- ' -` - - -- 3N YS - ft ti Si flE R; {ai tpi z Jo < z. < tic w cl- W I . - '! .: OG z 0 C) 0 CD w 0 77 .. —ff7 1 J: '�'N I � D H iS N I V LN 6G Lli LLJ -- - ------- - -- LO 9 6G 9 6G APPLICATI411 q �_ } �r?X CI_EHEh' FZl'AN' -114G Business Name: Lima Proix,rty ll��ldin7;s, L.L.C. Address: 1561 Woodlane Drive, Woodbury, MN 55125 Type (Pa rtne rsh ip, etc.) : Limited f A q) -'i 1 ity Company Representative: Telephone: Stephen L. Linn 731 -0515 Name of Counsel: Ken Rohlf - LeVander, Ci_llen & Miller Name and Telephone of Accountant: Joe Cehlen, 888 -8256 List of Financial References: Name /Address /Contact /Telephone Midway National Bank Mr. Rick Tol7rnann 14295 Cedar Avenue Annln Valley MN 55124 (612) 891 -8702 Other Comments Pertinent to Your Application: 'No (2) diffu in« . are covered under-this TIF zlQplicaLiojj. (1) Renovrjtion of "Dick's Tire" (2) New Retail facility. Have You Ever Filed for Bankruptcy? YeS No X If Yes, provide details on separate sheet Have You Ever Defaulted on any Loan Commitment? Yes No X If Yes, provide details on separate sheet 'NEORMATION CONCEWING • g • • • ) pgOjECT Location of Proposed Development: (Attach a Drawing) Nature of Proposed Business: Runovation: Redo as a Goodyear Tire & Service Center. New facility: Constnict MI outlet for retail use; leased to Others. 6H Principal Business or Product of the Company? Principal Business is ownershio/mana�)ement of convenience Stores auto service centers and retail strips (leased to others). Is the Proposed Project a New Facility or Rehabilitation and /or Expansion of Existing Facility? Goodyear Tire & Service Center -rehab of Dick's Tire; Retail Building new facility Industrial /Commercial /Residential: Commercial What is the Present Employment of Your Firm: 150 emplovees What is Your Estimate of Employment One Year After Completion of Project: 15 new employees What is Your Estimate of Employment Five Years After Completion of Project: 20 new employees Total Estimated Project Cost: Total Estimated Construction Costs: Potential Other Use(s) of Proposed Development: Goodyear Building -could be labeled other users but building is specialized Re ail ildin� mul iple uses Will this Development Attract Other Related Industries: Yes How? What Types? No Probably not What is the Current Zoning Status of the Project Site? C -2 General Business District In Rezoning, will Zoning Variances or Conditional Use Permits be Required in Connection with the Project? Variance shall be applied for against retail building 1WM m Is "eie Property Properly Subdivided for the Proposed Use? Proponent shall have Fee Simple to Jots 2 through 13 enco��.passi_ng both Pojects under current zoning Has Site Approval been Obtained for this Project? No If So, When? During April 1997 By Planning Commission? April 1997 By City Council? April 1997 Have You Applied for Conventional Financing for the Project? Yes X No If Yes, Provide Details on Separate Sheet, "H. Information to Attach" If No, Why Not? Please include: 3i State Public Purpose Description of Project Schematic Drawing of Project Breakdown of Project Costs - Amount of Subsidy Request Construction Schedule Legal Description - (Include PIN's) Other Pertinent Information Depo . i t -3- L r / J INFORMATION ATTACHMENT TO APPLICATION FORM for TAX INCREMENT FINANCING REQUESTED by LINN PROPERTY HOLDINGS STATEMENT OF PUBLIC PURPOSE: This twofold project shall serve the public by the renovation and enhancement of the defunct /abandoned /disheveled 'Dick's Tire' facility which has had a continuum of 'problems' during the past serveral years. Similarly, the contigous development of the new Retail facility will serve the public by its enhancement to this significant retail trade area in the City of Fridley. DESCRIPTION OF PROJECT: The complete renovation /rejuvenation of 'Dick's Tire' into a GOODYEAR TIRE & SERVICE CENTER reflects a goodly portion of this project. A complete overhaul of the existing 8,640 square foot facility shall be performed. Literally, every square foot of the land and building (roof, parking lot and drives, facia, fencing, curb cuts, interior walls /floors /ceilings, electrical /mechanical systems, etc.) shall be addressed in this renovation. The development of a new retail buildinV of approximately 8,000 square feet (which will be leased to either a singular or to multiple tenants) shall be constructed to all City codes and requirements for commercial facilities. Both of the project components shall be performed in parallel under a construction schedule beginning in late spring 1997. They shall both open for business within 100 business days following construction commencment. The acquisition and renovation of 'Dick's Tire' will be more expensive per square foot than first cost expense relative to the new retail building. However, the new retail building will serve to solidify, stabilize and enhance real estate value for capital dollars placed into the new GOODYEAR TIRE & SERVICE CENTER. And, although the acquisition and renovation of 'Dick's Tire' was originally the total project pursued by the proponent, the stability and enhancement caused by simultaneous development of the retail building became a it necessity. INFORMATION ATTACHMENT TO TIF APPLICATION Page 2 BREAKDOWN OF PROJECT COSTS: A. Land Purchase and Related Expense (includes Correction /Demolishing Expense) B. Purchase /Renovation - Service Center (Building Hard Cost Expense) C. Construction /Leaseholds - Retail Center (Building Hard Cost Expense) D. Project Soft Cost Expense totals TOTAL PROJECT COSTS /EXPENSES AMOUNT OF SUBSIDY REQUEST: $ 452,850.00 $ 533,800.00 $ 464,000.00 $ 81,150.00 $ 1,530,800.00 To facilitate renovation and development as described above, the amount of a subsidy requested for the project is $200,000.00. r t I �, MEMORANDUM HOUSING REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William Burns Executive Director of HR A FROM: Barbara Dacy, Community Development Director SUBJECT: Potential Addition to Redevelopment Project Area BACKGROUND The City Council established a moratorium on warehouse and distribution facilities with more than ten docks on January 27, 1997. The moratorium was adopted as a result of extension development of warehouse and distribution facilities in the last 18 - 24 months. Approximately 500,000 square feet of warehouse facilities have been constructed. The purpose of the moratorium is to examine industrially -zoned properties and to determine the compatibility of warehouse facilities with residential uses which may be located nearby. Secondly, the zoning on remaining vacant land is to be evaluated to determine if warehouse and distribution facilities should be deleted from the existing zoning districts. STUDY RESULTS The Planning staff completed an analysis as required by the moratorium and recommended that the City Council pursue the following actions: 1. Amend the existing industrial zoning districts to prohibit loading docks to face public right -of -ways when the site is a corner lot and adjacent to a residential district. 2. Establish a new industrial district, entitled "M -4, Manufacturing Only ", and rezone remaining vacant parcels as appropriate. These amendments will reduce the impact of truck traffic from warehouse and distribution facilities on residential parcels. Pl irther, a manufacturing only zoning district 11 Addition to Redevelopment Project Area March 7, 1997 Page 2 will encourage manufacturing uses which typically provide a significant amount of job opportunities which typically have higher building valuations than warehouse construction. PROPOSED MODIFICATION TO THE REDEVELOPMENT PROJECT AREA Of the City's 1,148 acres of industrially -zoned land, there are only 89.79 acres which are vacant (7.8 %). The 1,148 acres represents about 17% of the City's land area. There has been about a 4.5% decline in the amount of industrial land acreage since 1979 (Wal -Mart, Sam's Club, and Home Depot are examples of these industrial land losses). The small amount of industrial land raises an economic development concern. There are few opportunities to maximize job creation and building valuation. Warehouse/ distribution facilities do not generate a significant amount of job opportunities. Further, the building construction is very simple (intends to have a lower valuation than a manufacturing use, which is a more complex building system with office areas, manufacturing or processing areas, service areas for employees, and storage areas). The existing M -1 and M -2 districts also permit a number of commercial uses which would not create the value or job creation opportunities more typical of the manufacturing uses. Staff analyzed the remaining vacant land to determine which parcels should be rezoned to encourage manufacturing development. A total of seven sites totaling 33.47 acres are recommended to be rezoned to the M -4 designation. This is approximately 37% of the remaining available industrial land. It is proposed that these seven sites would be added to the redevelopment project area as a signal to the business community that the City is willing to evaluate tax increment financing assistance if the proposed project meets the state statute requirements. Including the parcels in the project area at one time also represents a coordinated planned approach to encourage manufacturers to locate within the community. Adding the parcels to the project area would not bind the HRA in any way. In fact, there are several parcels that are in the existing redevelopment project area which the HRA has not provided assistance. Also remember that this proposal would not create a tax increment financing district, but merely identify the site as where tax increment could be spent. NEWAII Addition to Redevelopment Project Area March 7, 1997 Page 3 PROCESS The Planning Commission and the City Council have reviewed the staff analysis on a preliminary basis, and have agreed to proceed with the public hearing process. Planning staff will be having an informational meeting with the owners of the seven sites recommended to be rezoned to M-4, Manufacturing Only, on Wednesday, March 12, 1997. If the Planning Commission and City Council ultimately approve creation of these sites as manufacturing only sites, it is also recommended that the HRA pass a resolution agreeing to add the sites to the redevelopment project area. According to state law, the City Council would have to conduct a public hearing on the addition of the sites to the project area and pass a resolution. SUMMARY No action is required by the HRA at this time; however, should you have any comments or wish staff to research any questions, please let me know. �@.A M -97 -122 aN `^rte«;: e. MEMOR..A,NDUM n t �� �ii.���iik ic DEVELOPMENT DIRECTOR opme P DATE_ February 14, 1997 TO: Planning Commission Members FROM: Barbara Dacy, Community Development Director Scott Hickok, Planning Coordinator Michele McPherson, Planning Assistant SUBJECT: Recommendations for the Industrial Land Moratorium Moratorium on Warehouses or Distribution Facilities Purpose The City Council established the moratorium on warehouse and distribution facilities with more than ten (10) docks at its January 27, 1997 meeting. The purpose of the moratorium is two -fold: 1. To examine the industrially zoned properties within the City and determine the compatibility of warehouse facilities with other allowable uses in the vicinity. 2. Review the number and location of existing warehouse and distribution facilities and determine if the zoning on remaining vacant land should be amended or changed to another zoning classification_ Problem Prompting the need for the moratorium was the recent development of approximately 500,000 square feet of warehouse facilities within the last eighteen months. As a result, the number of resident complaints regarding truck traffic and the parking of trucks and trailers near residential properties have increased. In 1996, the City Council established several residential streets south of 53`d Avenue as "no truck traffic" routes in response to the Murphy Warehouse facilities and other similar developments along Main Street. Residents complained about the large numbers of trucks traveling through the neighborhood, which caused additional noise and fumes. There are several areas in the City where industrial districts are located directly across the street from residential neighborhoods. Cumulatively, warehouse distribution go Industrial Land Recommendation Planning Commission February 14, 1997 Page 2 facilities can cause adverse impacts because of the amount of truck traffic entering and leaving the area. Of the City's 1,148 acres of industrially zoned land, there are only 89.79 acres which are vacant (7.8). The 1,148 acres represents about 17% of the City's land area. There has been about a 4.5% decline in the amount of industrial land acreage since 1979 (Wal -Mart, Sam's Club, and Home Depot are examples of these industrial land losses). The small amount of remaining industrial land raises an economic development concern. There are few opportunities to maximize job creation and building valuation. Warehouse /distribution facilities do not generate a significant amount of job opportunities. Further, the building construction is very simple (a "big box ") and tends to have a lower valuation than a manufacturing use which has a more complex building system with office areas, manufacturing or processing areas, service areas for employees, and storage areas. The existing M -1 and M -2 districts also permit a number of "commercial" uses which would not create the value or job creation opportunities more typical of the manufacturing uses. The City needs to balance the economic development concerns versus minimizing the impacts to adjacent residential areas. Goals of Potential Amendments Any proposed ordinance change should meet the following goals: 1. Reduce the impact of warehouse and distribution facilities on residential properties from truck traffic by: a. controlling their location in the City; and, b. by implementing site design controls. 2. Encourage uses which provide a significant amount of job opportunities and which require more complex building systems (buildings with a mixture of uses tend to have higher building valuations than warehouse construction). 3. Promote "clean" uses which do not produce fumes, odors, or require outside operations which may cause noise. 4. Eliminate uses which require significant amounts of outdoor storage, display, or are already permitted in other zoning districts (i.e. repair garages are permitted in commercial districts NVI Industrial Land Recommendation Planning Commission February 14, 1997 Page 3 Analysis Existing Developments and Remaining Vacant Land For the purposes of this moratorium the City was divided into three industrial areas: Area One: The area of the City bounded by 61s Avenue on the north, Main Street on the east, East River Road on the west, and the City Limits on the south. This industrial area straddles the railroad tracks. Area Two: The area of the City bounded by 73`d Avenue on the north, the City Limits on the east, Locke Park on the south, and the railroad tracks on the west. This area also includes the industrial properties straddling Highway 65 north to the City Limits. Area Three: The area of the City bounded by 73`d Avenue on the south, University Avenue on the east, the City Limits on the north, and East River Road on the west. This area straddles the railroad tracks. The following charts describe the amount of existing warehouse and distribution facilities in each area, the acreage of remaining vacant land, the potential for the expansion of existing facilities, and whether the site is near a residential area. W Industrial Land Recommendation Planning Commission February 14, 1997 `'age 4 Area One EXISTING POSSIBLE AMOUNT OF WHO IS WAREHOUSE OR EXPANSION VACANT LAND IMPACTED BY DISTRIBUTION OPPORTUNITY ON ADJACENT TO THE FACILITY? FACILITIES SITE FACILITY Murphy No 7.11 acres north of Residential Warehouses 1 &2 facility. properties across 177,950 & 266, 000 the street. No square feet docks face street. Tri -Star Insulation No -None Residential property 40,000 square feet across the street. (proposed) No docks face street. API Supply No None Residential property 140,238 square feet across the street. All -Temp Minor None Residential property _,000 square feet across the street. Perlman - Rocque No None r None 104,000 square feet Quebecor Minor None None 175,800 square feet Barole Trucking Currently under 2.7 acres None 26,280 square feet expansion to stated -square feet. Bunzl No None None 100,800 square feet There are 27.61 acres of vacant industrial land remaining in Area One. EIN Industrial Land Recommendation Planning Commission February 14, 1997 Page 5 Area Two EXISTING POSSIBLE AMOUNT OF WHO IS WAREHOUSE OR EXPANSION VACANT LAND IMPACTED BY DISTRIBUTION OPPORTUNITY ON ADJACENT TO THE FACILITY? FACILITIES SITE FACILITY Target 1,065,094 square No None Residential property across the street. feet ATS Yes 3.81 acres to the Residential property 5,600 square feet north. across the street. Keuther No None Locke Park 54,731 square feet north. park property PenZoil No None None 42,186 square feet No 3.67 acres to the None Fridley Bus Minor 3.81 acres to the None 22,625 s uare feet east. There are 21.6 acres of vacant industrial land remaining in Area Two. Area Three EXISTING POSSIBLE AMOUNT OF WHO IS WAREHOUSE OR EXPANSION VACANT LAND IMPACTED BY DISTRIBUTION OPPORTUNITY ON ADJACENT TO THE FACILITY? FACILITIES SITE FACILITY ANR/CCC No 6 acres to the north None 64,560 square feet Joseph Land Yes, substantial. 6 acres to the east. None 16,140 square feet Lindstrom Metric No 1.63 acres to the Residential and 35,000 square feet north. park property across the street. Gazda No 3.67 acres to the None 103,000 square feet I west. There are 34.6 acres of vacant industrial land remaining in Area Three. EM Industrial Land Recommendation Planning Commission February 14, 1997 Page 6 In addition to reviewing the number of warehouse and distribution facilities in each area and their size, staff also reviewed the ratio of docks to floor area when compared to manufacturing facilities. The average ratio of docks to floor area in a warehouse /distribution facility is 1:5,339 square feet. In a manufacturing facility this ratio increases to 1:14,293 square feet, almost three times as much floor area per dock. This supports the theory that manufacturing facilities have less truck traffic than warehouse /distribution facilities. Ordinance Amendment Options Five ordinance amendment options with the=ir fadvantages and disadvantages were identified: 1. Do nothing 2. Amend district requirements for existing industrial zoning districts. This amendment would establish more stringent development requirements for corner lots and lots near adjacent residential districts. No loading docks would be allowed to face the right of way. 3. Amend the M-1, Light Industrial and M -2, Heavy Industrial districts to allow warehouses and distribution facilities as special uses only. 4. Amend the M-1, Light Industrial district to eliminate warehouses and distribution facilities as permitted uses. 5. Create a new district entitled "M-4, Manufacturing Only ". A new district would establish manufacturing as the primary use; warehouse and distribution facilities would be incidental. Amendment Options Advantages and Disadvantages industrial Land Recommendation Planning Commission February 14, 1997 In order to effectively accomplish both the reduction of impacts by warehouse and distribution facilities and the economic development goals, both Option 2 and Option 5 need to be pursued. This will allow the creation of more stringent development standards for the remaining vacant land as well as for those properties that will redevelop in the future. Affected Properties Once the amendment options were identified, staff analyzed the remaining vacant land to determine which parcels should be rezoned to encourage manufacturing development. The following criteria were used to evaluate the properties: a Whether the property was adjacent to residential property. IM Industrial Land Recommendation Planning Commission February 14, 1997 Page 8 a Whether the property would meet the minimum requirements of a proposed M-4 District. a Whether a proposed development would have more than 10 loading docks. a Whether there is an adjacent warehouse /distribution facility. A total of seven sites totaling 33.47 acres are recommended to be rezoned to the M-4 designation. This is approximately 37% of the remaining available industrial land. Prior to ordinance adoption, staff would conduct an informational meeting with the affected property owners. A recommendation will also be made to the City Council and the HRA that these sites be included in the city's redevelopment project area for possible TIF assistance (the project must meet State Statute requirements). Recommendation Staff recommends that the Planning Commission recommend the City Council pursue the following actions: 1. Amend the existing industrial zoning districts to establish stricter standards for corner lots and lots adjacent to residential districts. 2. Establish a new industrial district entitled "M-4, Manufacturing Only ", and rezone parcels as appropriate. Associated with the proposed amendments will be improved definitions for loading docks, overhead doors, trucking terminals, and distribution facilities. MEMORANDUM HOUSING AND REDEVELOPMENT AUTHORITY DATE: March 7, 1997 TO: William W. Burns, Executive Director of the HRA FROM: Barbara Dacy, Community Development Director SUBJECT: Fridley Executive Center Update Staff is continuing to follow through on the analysis requested by Chairperson Commers to consider the tradeoffs in value and increment if a one story, high tech building is located on a portion of the site versus 100% corporate office. Casserly has prepared a number of scenarios which we shared with MEPC on Friday, February 28, 1997. The next step will be to review with the HRA and Council a recommended assistance package for the first office user. Information should be available by the April agenda. .o M -97 -116