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HRA 03/13/1997 - 29796r''1 /"1 � CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY NMEETING 1�iRCH 13 , 1997 CALL TO ORDER: Chairperson Commers called the March 13, 1997, Housing and Redevelopment Authority meeting to order at 7:38 p.m. ROLL CALL: Members Present: Members Absent: Larry Commers, Virginia Schnabel, John Meyer Jim McFarland, Duane Prairie Others Present: Barbara Dacy, Community Development Director Jim Casserly, Financial Consultant Craig Ellestad, Accountant Margaret Metzdorff, 4400 Nokomis Avenue, Minneapolis, MN Gary Bidne, Noah's Ark Development APPROVAL OF FEBRUARY 13, 1997, HOUSING AND REDEVELOPMENT AUTHORITY MEETING: MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve the February 13, 1997, Housing and Redevelopment Authority minutes as written. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COHIl�RS DECLARED THE MOTION CARRIED UNANIMOUSLY. CONSENT AGENDA: 1. REVENUE AND EXPENSES Mr. Ellestad distributed copies of additional expenses needing approval as outlined in his memo dated March 13, 1997. MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve the Consent Agenda and additional expenses as outlined in Mr. Ellestad's memo dated March 13, 1997. VPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON CO1�Il�RS DECLARED THE MOTION CARRIED UNANIMOUSLY. ACTION ITEMS• 2. CONS.IDER APPOINTMENT FOR REMODELING ADVISOR � HOUSING & REDEVELOPMENT AUTSORITY MEETING, NIl�iRCH 13, 1997 PAGE 2 Ms. Dacy stated staff is recommending Ms. Margaret Metzdorff as the Remodeling Advisor. She has six years experience in the housing program for Minneapolis NRP. She has worked in several neighborhoods in Minneapolis and administered historic preservation and exterior improvement and abatement programs for housing for these areas. She has also assisted homeowners in evaluating a variety of improvements to their homes, conducted property inspections, work write ups, construction specifications and bid documentation. Over the course of her experience, she has overseen a number of rehabilitation projects, has conducted interim final inspections and monitored and authorized payment to contractors. She has computer-aided design experience. She has a Bachelor of Science in Housing from the University of Minnesota. Ms. Dacy stated a copy of the contract was included in the agenda packet. Staff has also distributed a copy of the final employment contract. The contract is within the estimated budget for this year. Staff recommends approval of the employment contract and appointment of Ms. Metzdorff to the position, subject to the approval of the service agreement with the City of Blaine EDA. � Ms. Dacy stated the City of Blaine is willing to reimburse the HRA for 450 of the Remodeling Advisor's position. Ms. Metzdorff will be performing services for both the City of Fridley and the City of Blaine. Ms. Metzdorff stated, in addition to her work with the neighborhoods in Minneapolis, she also did a nine-month internship with the Dakota County HRA so she has experience in an HRA setting as well. Mr. Commers asked if the contract was agreeable. Ms. Metzdorff stated the contract was agreeable. Ms. Dacy stated Ms. Metzdorff would start work on March 31. Her first task is the Home Remodeling Fair on April 5. MOTION by Mr. Meyer, seconded by Ms. Schnabel, to approve the Employment Contract for Remodeling Advisor, subject to approval of the service agreement with the City of Blaine EDA. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON CONIl�RS DECLARED THE MOTION CARRIED UNANIMOUSI�Y. 3. CONSIDER SERVICE AGREEMENT WITH THE CITY OF BLAINE EDA FOR REMODELING ADVISOR � Ms. Dacy stated she spoke with her counterpart today at the City � 80USING 6 REDEVELOPMENT AUTHORITY MEETING, NIl�RCH 13, 1997 PAGE 3 of Blaine. The Blaine EDA meeting is scheduled for March 20. The draft agreement handed out this evening is the agreed upon draft. There were two minor changes to the agreement. The first change was to item #2, Employing Agency and Work Assignments, where we made it clear that the Remodeling Advisor is an employee of the Fridley HRA. She and Mr. Fernelius will be providing all of the specific work direction including performance evaluations. The second change was in item 3#, Time Allocation, where a sentence was added to assure the City of Blaine that vacation time would not seriously affect the amount of time that would be provided at Blaine, and to work cooperatively so that the position is shared based on 24 hours in Fridley and 16 hours in Blaine. Ms. Dacy stated staff recommends approval of the service agreement as amended and presented. MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve the Agreement for Home Remodeling Advisor Services. UPON A VOICE VOTE, ALL VOTING AYE, CAAIRPERSON CONIl�RS DECLARED THE MOTION CARRIED UNANIMOUSLY. � 4. CONSIDER RESOLUTION FOR EXECUTION OF NOAH'S ARK DEVELOPMENT CONTRACT Ms. Dacy stated the parcel on which Noah's Ark is proposing to build their project is located south of Wa1-Mart at the northwest corner of 83rd Avenue and University. As the memo outlines, Noah's Ark is requesting pay-as-you-go tax increment financing from the HRA and is concurrently requesting a bond issue from the City Council. The project would be a four-story building with 108 units. The total project cost is $9,600,000. According to the bond requirements, 400 of the units must be rented to households with incomes under 600 of inetro area median income. It will provide housing for lower income seniors as well as moderate income seniors. The affordable households will be taxed at a lower tax rate of 2.3o and the remaining 600 of the units at 3.40. About two-thirds of the 108 units will be one bedroom of a variety of sizes and the remaining 36 will be two bedroom. Ms. Dacy stated the developer has obtained variance approvals and wetland approvals. We had to do a minor zoning text amendment to adjust the parking ratios for senior housing. The bond issue is to be considered by the City Council in April. As far as the pay- as-you-go financing, there is enough time in the existing TIF district to provide the requested amount of increment. The pay- as-you-go approach puts the burden of risk on the developer. The ^ project has to be built first, then the HRA issues a note and uses the tax increment to reimburse the developer. The increment to be � � � SOUSING & REDEVELOPMENT AUTHORITY MEETING, MARCH 13, 1997 PAGE 4 used would be the increment that is to be created from this site only. Ms. Dacy stated, about six months ago, Mr. Commers asked staff to do some history checking about our discussion regarding senior housing in 1989. Staff did go back and verified that this project is consistent with the thoughts that the City Council and HRA discussed at that time. Staff were also asked to check with Mr. Stutz from Rottlund Homes to see if this would be competing with the Christenson Crossing development. His answer was no. Both projects are aimed at different types of markets and serve to complement one another. Ms. Dacy stated staff is recommending that the HRA approve the resolution to authorize the execution of a development contract with Noah's Ark of Minnesota, Inc., subject to the approval of the housing bond issue. Mr. Bidne stated, on behalf of Noah's Ark Senior Housing, Inc., he is delighted to be here. If you have had an opportunity to drive further on Highway 10, you will notice a program currently under construction which is 111 units of senior housing for Noah's Ark. Noah's Ark is an interdenominational not-for-profit organization seeking to assist in_providing and reaching out to this evolving, growing need for senior housing where seniors are seeking to have building-specific housing that is responding to their needs. They do a number of things in the program that respect the aging process in terms of providing a community. He thought that was something they could do here with Waters Crest. They are going to be in a position to have an abundance of common spaces so they are attracting the seniors to come outside of their apartment area. The apartments are fully appointed. They will have upon entering the building a parlor, a foyer, a large multi-purpose dining room, a private dining room area, a community kitchen, and on the second floor via a grand staircase another large community area which overlooks a two-story solarium in the northwest corner overlooking Springbrook Nature Center. The building will have off street parking and residents will have underground parking with a car wash bay as well as the opportunity to go up the elevators which are centrally located. Mr. Bidne stated, prior to commencement of this program, Noah's Ark secured additional market study research from the Maxwell Research Group. They want to be good stewards of resources. There is no need to construct a building unless they know that individuals are going to occupy it and that it is going to be 100a occupied. In Spring Lake Park, the market study there indicated the demographics as they looked at seniors aging in place by and large those 65 years of age and above are very strong in which ^ HOUSING & REDEVELOPN�TT AUTHORITY MEETING, NIl�iRCH 13, 1997 PAGE 5 both the Spring Lake Park and Fridley programs will not begin to fulfill that need. In Spring Lake Park, they have well over 30 units pre-leased. During the spring months, they will start growing by quantum leaps of over 15 to 20 units being pre-leased per month because people are looking at transitioning. As the president of Presbyterian Homes stated at the groundbreaking, he hoped that those of you who have loved ones sign up because we end up with long waiting lists. Once individuals can see how spacious the apartments are and how spacious the commons are, that is going to be a very marketable interest for those individuals. Mr. Bidne stated in terms of rents they have had to factor their rents out an additional year. They are confident they will be exceeding the minimum requirements of 400 of the occupants being at 60% of inedian income. In their previous programs, they have found that this number has actually exceeded 70o in one program and in another program exceeded 850 of the occupants meeting the financial requirements. They have many seniors with modest incomes, are no longer accumulating resources and are prepared to guide more of those resources toward their dwelling unit and the accouterments of security, safety, someone to check on them daily, � etc. Mr. Bidne stated they are designing to own this building in perpetuity, to utilize maintenance free materials on the exterior and high quality windows, so that as individuals can age in place and Noah's Ark will have more resources to guide toward programs rather than building and exterior. This is a bottom line program of Noah's Ark. He is anticipating that the rents when the building opens in the summer of 1998 will stay at the same level for 1998 and most of 1999. Then they factored a 2.5o to 30 increase on an annual basis. They try to monitor that component in order to keep their program as affordable as they can for all the occupants. From that vantage point, they feel they are providing spacious apartments for individuals, but it also needs to be cost effective. With the assistance of the pay-as-you-go financing, that will enable Noah's Ark to accomplish this program and to work with you as this unfolds. Ms. Schnabel asked if there would be rental units on all of the floors. Mr. Bidne stated yes. Apartments will be located on all four floors. They have individuals who prefer to be on the first floor, certainly for those that require handicap accessible apartments. They also have individuals who prefer other floors just as some like to have west or south exposures. � Ms. Schnabel asked if there were specific handicap designed �--� SOUSING & REDEVELOPMENT AUTHORITY MEETING, 1�iRCH 13 , 1997 PAGE 6 apartments available. Mr. Bidne stated all apartments are being designed to meet the ADA requirements. All bathrooms have the adequate circumference for a wheelchair. They will have a minimum of 5% and, if they see interest is greater, early on they can make the adjustments of lowering the cabinetry and doing additional things to assure they are able to be responsive to the needs of seniors that need the handicap accessible apartments. In addition to bathrooms, the kitchens have custom ovens and ranges with dials installed on the front, and all outlets are lower. The structure is designed so that, if you are sitting in a wheelchair or on a sofa, you can look out because the windows are two feet off the floor. The windows are large to allow a lot of natural light into the apartments. They are sensitive to the needs of the residents because they want to have the flexibility. They need a building that is designed to age as gracefully as the residents. They have gone to extremes to assure that they have buildings that are going to be as marketable today as 20 years from now. Ms. Schnabel asked if there would be a staff person on duty 24 �..� hours a day or a resident manager. Mr. Bidne stated there is a resident manager which is 24 hours and also full time staff coming in during business hours. They will also be contracting with nearby clinics for medical health checks. Individuals will come in usually once per month for blood pressure checks, etc. They bring a lot of programmatic functions into the building and also have areas designed in the building for that purpose. Mr. Commers asked if the anticipated leasing rates were on the second page of the memo. Mr. Casserly stated the 1998 lease rates are those that are projected. Those follow from the 1997 rates that they are using in Spring Lake Park. The 1998 rates are adjusted at about 3%. Mr. Bidne stated one of the things they cannot control is interest rates. If they found interest declining, there are two parallelisms. One is that, given construction costs, for every $100,000 they save in construction, they are able to adjust their rents downward about $15 per month. If the interest rates make a favorable adjustment, they can adjust rents downward. They are very sensitive to how they can make the program affordable for individuals. They try to have a litany of floor plans to suit different incomes and different needs. Mr. Bidne provided a copy �"1 of the roster of the board of directors and an organizational chart of some of the other programs that Noah's Ark is involved �-.1 HOUSING � REDEVELOPN�TT AUTHORITY MEETING, N�iRCH 13 , 1997 PAGE 7 with. Noah's Ark is concerned about being conscientious of keeping the program affordably priced. Mr. Commers asked if they had any currently operating projects in the Twin City area. Mr. Bidne stated they served as a consultant for Epiphany Pines in Coon Rapids and Mayfield Presbyterian Homes in Little Canada. They have been the developer of record and have orchestrated the program, but Noah's Ark is the first where they are more closely the developer and that first project is now under construction in Spring Lake Park. Ms. Schnabel stated this project seems to meet our test of four projects. If it were not to proceed, the rents would not be as low as they are projected without our assistance. MOTION by Ms. Schnabel, seconded by Mr. Meyer, to approve 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 of Fridley and Noah's Ark of � Minnesota, Inc. UPON A VOICE VOTE, ALL VOTING AYE, CEAIRPERSON CONIl�RS DECLARED THE MOTION CARRIED UNANIMOUSLY. 5. CONSIDER CONTRACT FOR PREPARATION OF FINAL PLANS AND SPECIFICATIONS FOR LAKE POINTE INTERSECTION Mr. Commers stated he understands that one additional item that may arise is the lighting that would be associated with this intersection. Mr. Dacy stated this was correct. Mr. Commers asked if at this time the City had anything firm with the State of Minnesota in terms of reimbursement. Ms. Dacy stated no. Mr. Flora is trying to work out the details. Staff's goal is to keep the costs at $380,000. Ms. Schnabel asked when construction would start. Ms. Dacy stated construction is planned to begin in spring of 1998. The project would be let for bids in December, 1997, with construction starting in April, 1998. Ms. Dacy reviewed the plans and changes proposed. /"\ Mr. Commers asked what the status was of the properties north of �-� HOUSING & REDEVELOPMENT ALTTHORITY MEETING, 1�IlDiEtCH 13, 1997 PAGE 8 the intersection where old Central and Hackman come together. Ms. Dacy stated there will be no changes. The HRA retained a triangular piece of property and no other acquisitions are planned. The HRA acquired some property on the west side a number /"1 � of years ago so there is no acquisition planned to the Planning Commission conducted an informational meeting this proposal on February 19 which was well attended. west. The regarding MOTION by Mr. Meyer, seconded by Ms. Schnabel, to approve the Agreement for Engineering Services between the HRA and Short Elliott Hendrickson, Inc., for Trunk Highway 65 from Trunk Highway 694 to Lake Pointe Drive in Anoka County, Minnesota. UPON A VOICE VOTE, ALL VOTING AYE, CEAIRPERSON CO1�Il�RS DECLARED THE MOTION CARRIED UNANIMOUSLY. INFORI�TION ITEMS• 6. UPDATE ON TIF REQUEST FOR REDEVELOPMENT ON 57TH AVENUE BY STEVE LINN Ms. Dacy stated she and Mr. Casserly have evaluated the information submitted. They do not have a recommendation at this time, but anticipate preparing a recommendation for the April agenda. Mr. Linn has filed an application and a neighborhood meeting will be held next Tuesday. The Appeals Commission will hear a request on April 9. The next HRA meeting is April 10. Mr. Commers asked what the nature was of the assistance expected to be requested. Ms. Dacy stated the application specifies an amount of $200,000. The estimated project cost is approximately $1.5 million. However, staff is reviewing that. There may be additional costs Mr. Linn has not included. Mr. Commers asked if Mr. Linn understands that we have not done these types of projects before. Ms. Dacy stated this is truly a redevelopment project in that he is doing acquisition and parcel assembly. At the northeast quadrant at University and Mississippi, a similar approach was undertaken by the developer where the person tried to acquire parcels in order to tie them together into one site and the HRA evaluated an assistance package. If a district is created, it would be a true redevelopment district. Mr. Casserly stated, in this instance, it is not often that you � HOUSING & REDEVELOPMENT AUTHORITY MEETING, MARCH 13 1997 PAGE 9 see redevelopment projects that are developer initiated. They were not sure that this one was going to work but they are approaching this as a redevelopment project. Classically, a redevelopment project is one where the improvements are on the site which create additional costs in the acquisition but do not add anything to the value. That is what they are trying to examine in this particular case. They are trying to figure out what the site is worth free of the impediments that currently exist. Mr. Commers asked if this was going to be a tax increment request. If so, what is the tax increment anticipated to be generated. Mr. Dacy stated the total for the life of the district would be approximately $225,000 in present value dollars. Mr. Casserly stated it is not a great amount because the problem is that structures are already there which need to be taken down. This fits into very classic redevelopment. Mr. Commers stated, if the project is a pay-as-you-go, what does that mean under our guidelines. �� Mr. Casserly stated it does not fit the guidelines. This is a redevelopment project. The guidelines deal with assistance for economic development. Mr. Casserly stated they have tried to distinguish between what were redevelopment costs and what were development costs. Mr. Meyer stated they talked last time about traffic on 57th. Are you satisfied that this will not add to that traffic? Ms. Dacy stated, with the City of Fridley as the client, they hired BRW to evaluate this request in terms of traffic. The developer and Holiday Plus are going to reimburse the City for those costs. The strip mall being proposed is 8,000 square feet, which is small for a center. At peak times, they estimate 20 car trips in and 20 trips out which is a small use. A smaller amount is anticipated for the service center. From University Avenue to the main driveway to Holiday Plus, there are 16,000 vehicles per day. From that main driveway west to Main Street, it drops to 8,000 vehicles per day. The amount of traffic generated by this development will not significantly affect the traffic flows. However, the City Council wants staff to evaluate some type of construction improvement on 57th Avenue because there are so many left turn movements and so many driveways. Aside from this �� project, the City Council will evaluate pulling together the owners for agreement on a construction project. One thing they � HOUSING & REDEVELOPN�NT AUTHORITY 1�ETING, N�fRCH 13 1997 PAGE 10 talked about is a central left-hand turn lane down 57th. 7. POTENTIAL AMENDMENT TO REDEVELOPMENT PROJECT AREA Ms. Dacy stated the City Council initiated a moratorium as a result of warehouse and distribution facility development in the city in the past 24 months. We have a lot of warehouse facilities in industrial areas. The purpose of the moratorium was to evaluate what was left for vacant land and to determine if we should restrict zoning to prohibit those types of uses. The City Council was very concerned about the truck traffic and the pollution into the neighborhoods. Staff were to evaluate the impact on residential areas. The analysis shows the city broken into three areas, evaluated what is existing for warehouse distribution, and analyzed what is vacant. Staff determined that, of the 89 acres that remain vacant, some of those sites are across from residential areas. Ms. Dacy stated the Planning Commission at their next meeting is to hear an ordinance amendment which, if you have an industrial lot on a corner, loading docks can no longer face toward the right-of-way. That eliminates the visual impact and reduces the � number of docks. Second, the Planning Commission will evaluate a fourth industrial zoning area, M-4 Manufacturing Only, which will essentially permit manufacturing uses only and will prohibit warehouse distribution and trucking terminals. Of those 89 acres, there are 6 or 7 sites that we are suggesting be zoned as M-4. If approved by the City Council and the Planning Commission, staff would like to suggest to the HRA that you add these sites to the redevelopment project area. This does not bind the HRA but allows the HRA to provide a loan or perhaps establish a district which meets State statutes. Staff saw that as an economic development tool and the HRA will administratively see some of the requirements. No action is proposed at this time. Ms. Dacy stated at the April or May agenda, staff will update the HRA as to how the City Council and Planning Commission acted toward that proposal. The moratorium ends at the end of May and staff are committed to try to resolve these issues by that time so construction can continue. Mr. Commers asked how this would affect potential projects such as the warehouse for the railway. Ms. Dacy stated that project would not be affected because is has only one dock. The moratorium is for warehouse facilities with 10 or more docks. � 6 Ms. Schnabel stated there was no residential area across from that � HOUSING & REDEVELOPMENT AUTHORITY N�ETING, N�,RCH 13, 1997 PAGE 11 project. Ms. Dacy stated residential is nearby. If there is a significant amount of warehouse distribution within a short distance, they put it in the manufacturing only category. The Target facility has nearly one million square feet. 8. FRIDLEY EXECUTIVE CENTER UPDATE Mr. Commers stated this is an ongoing analysis of the site. When this is complete, please bring it to the HRA's attention. OTHER BUSINESS• 9. COMMUNITY DEVELOPMENT NEWSLETTER Mr. Commers stated the newsletter contains an announcement about economic development and also the matter on 57th Avenue that is pending before the City. Ms. Dacy stated the newsletter is being distributed to all the commissions. ADJOURNMENT • MOTION by Ms. Schnabel, seconded by Mr. Meyer, to adjourn the meeting. UPON A VOICE VOTE, ALL VOTING AYE, CBAIRPERSON CO1�RS DECLARED TEE MOTION CARRIED AND TIIE MARCH 13, 1997, HOUSING AND REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 8:33 P.M. Respectfully submitted, ������ Lavonn Cooper Recording Secretary � /� � S I G N— I N 8 H E E T HOIISING AND REDEVELOpMENT AIITHORITY MEETING, March 13, 1997 � �