HRA 04/06/2000 - 6320HOUSING & REDEVELOPMENT AUTHORITY MEETING
THURSDAY, APRIL 6, 2000
MEETING 7:30 P.M.
PUBLIC COPY
(Please return to Community Development Department)
CITY OF FRIDLEY
HOUSING & REDEVELOPMENT AUTHORITY MEETING
APRIL 6, 2000, MEETING, 7:30 P.M.
AGENDA
LOCATION: City Council Chambers
CALL TO ORDER:
ROLL CALL:
APPROVAL OF MINUTES:
February 3, 2000 (minutes included in March agenda)
CONSENT AGENDA:
Resolution Establishing Money Purchase Plan ........... ............................... 1
Claimsand Expenses ........................................... ............................... 2
ACTION ITEMS:
Consider Acquisition of Parcels on Central Avenue ..... ............................... 3
INFORMATION ITEMS:
Consider Appointment to Joint Task Force with Columbia Heights ................ 4
GatewayEast Update ........................................... ............................... 5
Remodeling Fair and Remodeling Advisor update ....... ............................... 6
City Council and Commission Survey Results ............ ............................... 7
OTHER BUSINESS
ADJOURNMENT
TO: WILLIAM W. BURNS, EXECUTIVE DIRECTOR
HOUSING REDEVELOPMENTAUTHORITY
FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR
SUBJECT: RESOLUTION ESTABLISHING A MONEY PURCHASE PLAN
DATE: March 29, 2000
The attached resolution will establish a `Money Purchase Plan' for the Housing and
Redevelopment Authority.. This plan will allow the Authority to provide its employee
and any future employees with a retirement plan somewhat similar to that of all other
City employees.
Anyone hired by the HRA is not eligible for the Public Employees Retirement
Association (PERA); therefore, it only seemed fair to search for and establish a plan
similar to that of PERA. We researched the various types of allowable IRS plans that
would allow for contributions by an employer and employee that would be similar to that
of other City employees. We met with representatives of the ICMA Retirement
Corporation and found that one of the plan types that they administer is called a `Money
Purchase Plan'. This plan is a deferred compensation plan that allows for contributions
by the employer at exactly the same percentage as that of the City contribution for PERA.
It would also allow for employee contributions to be matched at the employer
contribution or any amount in excess of it.
This resolution would also provide for the adoption of Declaration of Trust in which
ICMA would be the Administrator of the plan and also appoint the Finance Director as
the Coordinator of the plan.
Staff is recommending the adoption of this resolution and the creation of the plan.
RDP /me
Attachment
1
RESOLUTION NO. HRA 0 2000
A RESOLUTION
ESTABLISHING A MONEY PURCHASE PLAN
WHEREAS, The Fridley Housing And Redevelopment Authority has employees rendering
valuable services; and
WHEREAS, the establishment of a money purchase retirement plan benefits employees by
providing funds for retirement and funds for their beneficiaries in the event of death; and
WHEREAS, the Fridley Housing and Redevelopment Authority desires that its money purchase
retirement plan be administered by the ICMA Retirement Corporation and that the funds held
such plan be invested in the ICMA Retirement Trust, a trust established by public employers for
the collective investment of funds held under their retirement and deferred compensation plans:
NOW THEREFORE BE IT RESOLVED that the Housing Redevelopment Authority hereby
establishes a money purchase retirement plan (the "Plan") in the form of "The ICMA Retirement
Corporation Governmental Money Purchase & Trust ", pursuant to the specific provisions of the
Adoption Agreement. The Plan shall be maintained for the exclusive benefit of eligible
employees and their beneficiaries; and
BE IT FURTHER RESOLVED that the Employer hereby adopts the Declaration of Trust of the
ICMA Retirement Trust, intending this adoption to be operative with respect to any retirement or
deferred compensation plan subsequently established by the Employer, if the assets of the plan
are to be invested in the ICMA Retirement Trust.
BE IT FURTHER RESOLVED that the Employer hereby agrees to serve as trustee under the
Plan and to invest funds held under the Plan in the ICMA Retirement Trust; and
BE IT FURTHER that the Finance Director shall be the coordinator for the Plan; shall receive
reports, notices, etc., from the ICMA Retirement Corporation or the ICMA Retirement Trust ;
shall cast, on behalf of the Housing and Redevelopment Authority, any required votes under the
ICMA Retirement Trust; may delegate any administrative duties relating to the Plan to
appropriate departments; and
BE IT FURTHER RESOLVED that the Employer hereby authorizes the Finance Director to
execute all necessary agreements with the ICMA Retirement Corporation incidental to the
administration of the Plan.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY
THIS 6'H DAY OF APRIL, 2000.
LAWRENCE R. COMMERS - CHAIRPERSON
ATTEST:
WILLIAM W. BURNS — EXECUTIVE DIRECTOR
W
a
F Z
o I U 7
Wg0g
�U4
W I
Q
O
U I
W o
0
0
i+ N
Q .d
Q \
M
Q O
O
. O
Cn
a F
W
a o
0
W N
U \
w M
a w
.i
�1
r a
N O
N
H W
C;
0
O
\ioz
M Ln H
M £
coo
�
W
w8'Q
aaa
aaw�
1
a
yF
7
O
a
z
a
F
N
a
w
a
at:
O
M
w
IV
�GHy i
I H i
2 o
H I
F l
W aI
i W �
a
W
z
B
a
1�
I z
14 '
� Q '
W
a
F
E
9
�1
a�
00 N O N Ln m v M T coo
OO M OM . r W v m 000
1; 1 mom InMMrO rro
lob NNO HNmmN Mmtn
0101 .1 .+ o In mr m1o.•.
1010 N N N to HON
N N
O O
a a
N N
O O
N N
CC
00
N .1
O O
N N
N N N O N N O N
r r M o M M O M
l0 H m o m m O m
H H Ifl In O In 1n O
10 10
mm
r r
as
M M
m m O O
r 10 M m
r m r, +
N\0 r. CC
oor.+
N H
MM NN O o O
aa• co Ooc
V a o. 01 In en a
NIA v rrO
M M 10 In
H H
o O O 0000 0 0 o O O 00 00 O 000 0 o 00
0 0 0 0000 0o 0 0 0 00 00 0 000 0 o 00
0 00 0000 00 0 0 0 00 00 0 000 0 0 00
\ \
N N N N N N N N N N N N N N N N N N N N N N N N
\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \
M M M M M M MM M M M MM MM M M M M M M MM
0 00 0000 00 0 0 0 00 00 0 000 0 0 00
F F
zzzz '�w¢
a s H H H H
C7 C7 £q£q£q£ w FWU
rr �¢44 0 WW W14 a QUO
z ww wr a zz zz Cl) F w�°nE
Ez FFEF a a .+ EE EE 3 6== m o
w w �>++ F Ln w w w w asa Ix W. 0: .°•, Ln w r.
N GQ ODU .°'Ce U a N q4 AA £ S m .N. as
In
N
N z z •�+ z i
U
F 00 E 5N E DC a O \
U w �. N >• >• w F twn U T to
•-1 OQ .7.z z E.0 > W W W W F w O
\ w W
rRf(RO a a Yf7' i Haas s N �ea - Ir�l-I r�HH a Ha'r-1 QtA .+z z z z V•a NQ w U W O £ NH x m a O
•H-1 yy
.E
Naa ££ \ EE +EE F W
N W W ~ � a \N4 N'° N° Nm °N n �N
T Ow mww m ww M o a s ' 1wM O
GO w (n 3 � W W W W ~'i
w x FEE z Q Q
.] O .7.] ].1 a Cr d o W
11.04 w +
N as as a aaa w w 14 U.
00 F &-E--E- e O a 00 00 O 000
lz Ix z
ww 000° p° as a� a
2 aaa x 0 °x x O
za H z z W.
00 O F H F F W>
U yEy Ld E. Oz a W .5
Iz-1 £W £W
W W O a J > W W ° a Iz1 z
°x E. a �a °.: a w H
ROCCO W W F F w zzx to 0
90 a00 R goo Wo M o aoo aoo 4000 W xxo aoo
MO 00 00000 0 0 0 W o W o 0 0 0 0 o a o M O O D a O W o 000
0 0o V 0000 woo x0 E.0 0 00 •oo Fo 000 ao o woo
i• N a N N N N N N N N N O1 N N a N N a N N O N E. I N N N N O N N N
w\ \\ \\\\ a\\ a\ \ \ \\ \\ m\ m\\\ z\ x\ a\\
.7N £MM .t r r r W�N .+ r W m +-1 W W�
0000 E- 0 ra Ca 10 2 a N • M M z N N N N M N F N H M N M M M M H M °
lz
M M M M M M M
w o H 0 0 x 0000 U co "0 40 coo HOC H o o £ O z 0 CC a 0 U O V O O
M o V' o o M O O O O woo r ap m0 N o coo H00 NO M o O o %Do r m m00
ONO 0100 O1 Intn n N mtn V' (n M a%. 01.•1 000 000 00 000 o o7 o M Otn a•
N I N I I N I I I. N I. N. N I N I M I. M I I M I M I T I M I M I M I I
r 0 r r r r M M M M r M M r M r I n r t A r r r r r r r N r H M V• r M r M r M M
N O N H .-1 N V• V• a s N V• V• N V• N d• N 'w N 11 H N .I .-I N O N O O O N V• N C N VI V•
r O1 O1 0000 0 0 O H O 01 01 O1 O1 01 G%0% 01 O O 00
N '/ H M M M M Mm M M M H .i H H H H r H M M MM
H N N Q C '? V• T Q 77 N N N N V• V• a• a
00 coo O O O O O 000 O O O 0 CC coo O O O 00 O O o O 00 00 000
00 000 00000 coo 00 00 00 000 coo 00 0000 00 co 000
09 coo 0 0 0 0 0 000 O o Co 00 coo c o o CC 0 0 0 0 00 O O coo
N O N o o N O O O O N O O N O N o N O N O O No O No N coo N O N O moo
\ I \ I I \ 1 1 1 1 \ 1 1
H r HN N M O H N O H W r M%0 H r H to HN N H N .•1N H N N riN HN Htnr
Mt0 MlDO M Into ln0 M101D Ml0 Mto Mtn M1D 10 MlO to Mt0 M%D%D M1D Ml0 Mto 10
\ N \ N N \ a a a .+ \ N N \ N \ w \@ \ N N \ N N \ N \ N N N \ N \ N \ N N
M M M M M M M M M M M M M M
0 0 0 0 0 0 0 0 0 0 0 0 0 0
N
zEz
o U7
I W O
ra ua
a
a
I
I
I
Q
O
U I
m I
a c
4 c
N C
Q
q c
a E
W
a c
c
PFO `
cn n
Uc
a c
a °P
r
N
n P
N R
N G
P
0
o
O R
�.4c
14 os'
nln�
\nP
o C£7 C
P
u
aac
a
Q
z
a
U W P7
W
6 y
Z
yrU� E
V Q
E ;
9; co n n o 0 o O o 0 Ln Ln o o V o0 o o w N w in n o O 0 0 0 0 w w N N o O
O m m I n I n O o O O o O N N rw N N l O o o O% a r U 7 N O o O O O O r r %a %o m m
4$ N N a s o o 14 14 L( I(1 .i rl 0 0 c� r 11 N o o m m r l0 0 0 0 0 0 o r r 'i rl of f'1
N N n n o o r r n n w w N w r m m N m w H m a o n n N N o 0 a s 0 0
Z OO -m m of In n n rn alnr a OH tnN H HH H H nn U1 of OO
a
E-I nn H N nH rl HH NN
el N r n N
I H H H H
a
N
a
W
a
at
O
a
W
u�
2M
M I
z
O
F
a
H
()
W
W
Q
E
$Q
F
ac
zF
A
U
0 0 0 0 0 0 000000
0 0 0 0 0 0 000000
0 0 0 0 0 0 000000
N N N N N N N N N N N N
\ \ \ \ \ \ \\\ \ \\
n n n n n n n n n n n
0 0 0 0 0 0 0 0 0 a 0 0 0
0000 0 0 0 0 0 0
0000 0 0 0 0 0 0
0000 0 0 0 0 0 0
N N N N N N N N N N
\ \\\ \ \ \ \ \ \
n n n n n n n n
0000 a 0 a 0 0 0 0 0
7 0000
e
M 0 0 0 0 a 0
a
0000 cc a H
W (�
0000
H 5 m
Z Z o 0 0 o m N
W IH7 UUUU V V 0000 a u�
a s aaaaaa
PI h h
0000 w\ a o a
r M h a n M a w
w F m x N ID m N F W o n rm
m r C1 H H H H H H w w w m
r m rcrrrrcr m m m m ^jy E o n
a
N W a O mN W in a m m Ch m w
In N N N N W d n a N
H V> a in w m m m w w w w N a £ N O
N W Q
w > a z� yp z
a 4 O U 001 0 F 7C {a� a 3 W 3
a m F CA \ w U 4 7 O H O
E W H X W W WW F x F x bG
x Z n W W W> zz W U N H W H w en
a W W n H r n m a n W W a 2 F H n m H U H£ a n£ n
N o N£ N£ o OTC r4W W 4HR('4 H V> t7 c7a Hz n1� n0 0� HO 02
n w W wq %04 rF r W .+W W to at7 W NZZZZ n0 na nx a %ox 00
£ RC WCa UI r+ S rl H M H M rl rl rl . F
o w w .3.3.444 I FEE F+ F 3 q z ui a
>I x N F W 44444 • m m m m a O Z H a
a I W a a C7 CJ 0 C7 0 C9 w w w w H x O o w a
> 1 m aaaaa EFFE u W a a ra a .4
H £ a az £ .4 .4a.4 m w x w p
.4 H m a7 O H mmmmmm
a p W £ W y O
W W W O O a W W W W W W O O O O 4 a 0 a H a
0 a a a:.3 a a waP.a ywww 9co 4 m E.
0
O
a in u w >I r
U w Z F F F
W z H R H F H M
Wx 71 x yaF 94 W U
F 2
O I F -I F O O a 3 a F
W o o U o 0 0 0 a'0 0 0 0 0 0 W o o o o O gg o W O £ 0 Fo Z 0
No m o o `m o 900 � o $ 0 0 0 0 0 9 m O O O O 40 Ho HO 0 0 zo HO
Fo Oo 0 o m0 Oo 0000000 40000 E. >o >o Vo Wo ao
Q N H N 'i I N >� N `A' N C J N £ N N N N N N N N N N O N N N N U N m N
\ a\ w\ w\ o\ W\ \\\\\\ \\\\ m\ m\ cn\ \ \ \
ow W w arc .4w UN o wommomcn mmmm W.+ Qa in aw F+ In Fm
aN `L,4 q0 qr•i O a N tAN NN NNN wN NNN NO ,7.N 7. .� O >ZH H
a\ \ H\ H\ w\ a\ \\\\ \\ w \ \ \\ \ \
o a O \ cn\ H\ a14: \
O N n n a n n H n N N N N N N H N N N N n n N n a n
o ao d.o 60 ,0 000000 .40000 £o O o £0 20 r I
ao pf o
m N o w H r N o n 0 a s ill 0 0 0 0 0 0 w o 0 0 0 r. m 0 m 0 O co . m N m
O n 1410 H O H 0 H 14 H n H n n n n n n .i H H rI H H H n H a N n N n N n
n l n l n l n l n l n l n I t l l l l n u l l n 1 n l n 1 n 1 n l n l
r n r n r H r 0 r i n r n r n n n n n n r nin n n r n r n r n r n r n r n
N a N a N a N O N a N a N a a a a a a N a a a a N a N a N a N a N a N a
0 0 0 r. 0 0 000000 0000 0 0 0 0 0 0
n n n N n n n n n n n n n n n n n n n n n n
a a a H a a a aaaa a a a a a a a a a a a
I I I I I I 1 1 I I 1 I I I I 1 I 1 I 1
00 00 00 o0 00 00 0000000 00000 00 00 00 00 00 00
00 00 00 00 00 00 0000000 Ooo00 Oo 00 00 00 00 00
00 00 00 00 00 00 000000o 00000 00 00 00 00 00 00
N O N o N O N O N o N O N 0 0 0 0 0 0 N O o 0 o N? NO N o N O N O N O
\ I \ I \ I \ I \ I -1-4 I -4-11 1 1 1 1 1 \ 1 1 1 1 \ I \ I '-4 I \ I \ I \ I
H O m'0 H O H r H m N m o m m w w o m o o o o H O H N N H w H N H N 1.
MO 0 n w n 0 n w n w n w n 0 tnln w w 0 n 0 0 0 0 n 0 n w n w n w n w n w
\Id \N \rl \N \a \N \rlaaaaN \HHHH \H \N \N \a \N \N
n n n n n n n n n n n n n n
0 0 0 0 0 0 0 0 0 0 0 0 0 0
B
m
W
4
a
H
�
o Y H U
r Ln o
o U0 O
m
Ln N o M
xFd.
aDmLn r
U
in c4 r�
a
N
H
W
O
V
qa
Z W
o 0
4 >•
00
(A \
a
0 0
N N
0 o a
4
c�; o
6 0
N
q\i
4 �
❑ o
O
ri p
a F
W
a o
o
N o
RI N
�4 wf i
£ W
A. 0 >
\ a
a w.
F
�i
£
N O
a
en W
rl q
a
o
O
0
14N
ozl
m N M
\ PI (n
�£0
oC9�
s W
414141
aaw�
gwg
4
zl
a'I
a
U W
61,
W E.
U ❑i
O
�a�
:u:
j
r
z
0
H
a
a
u
w
w
❑
w
4
'y❑
ai
F
cm
P'I
O
F
w
O
a
w
H a
z n
9
Da
a
W F
I 6
3 cn
W
%0 E
cn
O N
C4
N
14 41
4114
w
tA3 W
W
U
H
>
a
w
w
Ey
W
£
a
w
shoo
0 0
❑oo
N N
O 'i N
to O N
a\\
H M M
300
N r l N
M
r
N a a
00
4141
000
000
000
Noo
\
.i co ao
wee
\4141
0
HOUSING & REDEVELOPMENT
Tn AUTHORITY
Memorandum
DATE: April 3, 2000
TO: William W. Burns, Executive Director of HRA
FROM: Barbara Dacy, Community Development Director
Grant Fernelius, Housing Coordinator
SUBJECT: Update on Property Acquisitions along Old Central
Overview
At the April 6, 2000, HRA meeting, the HRA will need to decide whether to proceed with the
closings on the Old Central Avenue properties. As you know, the HRA approved the
acquisitions in December of last year. The funds for each transaction were placed in escrow
pending completion of soil testing and title work.
Over the last two months we have completed the soil testing and learned more about the
condition of each site. We also have some general estimates on the costs to prepare the
properties for development. The following memo outlines what we know so far and lists
several options for the HRA to consider at their April 6t' meeting.
Petty Property
This is the vacant lot located west of the Ziebart building and is currently owned by Doug
Petty of Fridley. The site is approximately 3/4 acre in size and is zoned M -1 Light Industrial.
The HRA agreed to purchase the site for $90,800 or about $2.50 per square foot. Liesch
noted two issues with regard to the soil condition. First, they observed a fair amount of
construction related debris on the property. Some of the items appear to have been used as
fill (concrete, asphalt, etc.) while other items (appliances, misc. junk) were probably dumped
illegally. Liesch felt that up to 3,000 yards of topsoil would have to be removed and either
screened on site for re -use or hauled off site and land filled. The cost to carry out this work
was estimated between $22,500 and $30,000.
The second issue was the presence of organic soil that was found over large portions of the
site. In some spots the poor soil was observed at depths up to 15 feet. This type of soil is
not stable enough to support buildings or utilities so there are two options: 1) remove the
soil and bring in clean fill, or 2) drive pilings. Liesch felt that removing the soil would be
impractical since a significant amount of de- watering would be required. This process could
K
Old Central Sites
April 3, 2000
Page 2
create additional problems for surrounding properties as the water table is lowered to
remove the organic soil.
The only feasible option is to drive pilings to support the foundations. Liesch assumed that a
one story, 16,000 square foot building would be built, requiring 156 pilings at a cost of
$66,000. Liesch admitted that there is a considerable amount of guesswork in identifying the
piling costs; since we do not know what type of development will take place. For example, if
the site is used for parking (as part of a larger development project), there most likely would
be no need to drive pilings. On the other hand, a multi -story building might require more
piling cost.
In total, Liesch identified between $88,500 and $96,000 in additional costs to make the site
developable. After reviewing this information with our appraiser we were informed that the
site had no market value, however as a practical matter Mr. Petty will not sell the site for
nothing. He purchased the property from a private college in 1998 for $5,000 plus additional
contributions he made to the college. According to Petty there are significant tax
consequences if he sells the property at a loss. He did, however, agree to a reduction in the
purchase price from $90,800 to $57,000. If the HRA decided to move forward on the
acquisition, the original purchase agreement would have to be amended to reflect the lower
price.
Erickson Property
This site is also vacant and is located between Ziebart and Advance Companies on Old
Central. The property is about 1.5 acres in size and is zoned CR -1 General Office. The site is
owned by group of seven people led by Dan Erickson of Minneapolis. The HRA agreed to
purchase the site for $166,000.
Liesch noted the same types of soil conditions on this site as the Petty property; construction
debris on the surface and organic soil at subsurface levels. The costs to make the site
developable are estimated at $82,500 to $88,000, using a combination of soil screening and
pilings. Forsythe reviewed the new information and adjusted their opinion of value down
from $166,000 to $86,100.
Again, staff approached Erickson with soil information and was able to gain some
concessions in purchase price. Erickson agreed to revised a price of $86,100 or about $1.30
per square foot. The site is assessed for tax purposes at $99,158.
Carlson Property
This parcel is located on the east side of Old Central just south of the Zap -It Welding building
on the corner of Mississippi Street and Old Central. The property is zoned CR -1 General
Old Central Sites
April 3, 2000
Page 3
Office, slightly less than an acre in size, and is owned by Richard Carlson of Fridley. The
purchase price of the site is $104,700.
Liesch did not detect any organic soil - problems, but did observe construction debris and junk
on site. Their estimates to make the site developable range from $37,000 to $58,000,
primarily because of the amount of potential fill that would have to screened. Forsythe
revised their initial appraisal downward from $104,700 to $54,700 due to the higher
development costs.
Carlson was not willing to concede much in the way of a lower sales price. He prepared his
own estimates on what it would cost to remove the debris which ran around $6,400. As a
result, he is willing to sell the site for $98,300 or about $2.35 per square foot. In light of this
disparity in cost estimates, we believe additional testing is warranted to verify the extent of
the problem.
Issues to Consider
On March 17"' we met with Jim Casserly and Rod Krass to discuss a strategy on what to do
with the sites given the soil conditions and the estimated costs for redevelopment. We also
included our appraisers who prepared the initial appraisals that were used to negotiate the
sales price. It was helpful to get their collective opinions on the situation given the fact that
there are some risks in making a decision either way.
Before outlining the options, it seems appropriate to make a couple of comments. First, we
should emphasize that these acquisitions need to be viewed in terms of a larger
redevelopment objective. The sites represent only three properties along the corridor;
decisions still need to be made on what to do about the Ziebart Building, Advance Companies
and the three other vacant lots that were not included in this phase of the project.
Second, the HRA needs to recognize that redevelopment along this corridor may take several
years to materialize. From staffs perspective these sites seem well positioned between the
two Medtronic facilities and would be attractive for a number of land uses, including a
mixture of residential, extended stay hotel, low density office and /or commercial (e.g. coffee
shop, book store, deli, etc.).
A final comment worth making, is that we utilized excess TIF funds from districts #2 and #3
which are no longer available. If we choose not to move forward with these transactions, we
have two options on using the funds in escrow: 1) pay down on the HRA's loan from the City,
or 2) return the money back to the original TIF district.
Old Central Sites
April 3, 2000
Page 4
Options for HRA
Option 1 Walk away from the deal. From a legal perspective, the HRA has
sole discretion to decide if it wants to pursue the transaction
and can void the agreement if it so chooses. As a practical matter, canceling
the transaction may make it more difficult to negotiate with the owners in the
future. We also the ability to control what is developed in this area. The HRA
would need to take a specific action, either by motion or resolution, to cancel
the escrow agreements.
Option 2 Approve an extension to the escrow Ireement which would move
back the date of closing from April 30 to June 30th. This
additional 60 days would allow the HRA and City Council more time
to evaluate the situation. This scenario would require cooperation
from the seller in order to become effective. If the seller did not want to
cooperate, we would either have to close by April 30th or allow the agreements
to expire.
Option 3 Close on the transactions, subject to the renegotiated amounts.
Under this scenario, the HRA would buy the Carlson property for $98,300; the
Petty property for $57,000; and the Erickson property for $86,100. The
remaining funds would have to be returned to TIF districts #2 and #3, unless
some arrangement could be made to hold the money in escrow to pay for the
soil correction costs.
Other Issues
Although, we don't want to stifle any discussion at the HRA meeting on April 6th, we do need
to be sensitive to the delicate nature of our negotiations. All information we discuss "on
camera" will be available to the sellers and could be used as leverage if move forward and try
to close the transactions. We are trying to anticipate as many potential issues up front and
address them in our cover memo to the HRA.
Recommendation
Based on the information we have discussed, we believe it is responsible to move ahead with
Option 3. Although, there is risk in doing so, it seems that this is an appropriate situation for
public sector involvement to facilitate redevelopment objectives. We will be prepared to
discuss this recommendation further at the HRA meeting.
M -00 -58
31
j I L C
• � • E •'I 'J�I9•'/
J f
•I .e. •, I. -
..N•. /w Iry ° � ° � � � (,`
f tvo tiywry• C '� i i M
26CO) • YRib
13DIVrSION :
o I .27L 'Carlson Property
:.a Z I N •� ��' � d� t � 5 I� 3 �
� h �
' � � 2 ! 9 ,W (►. _ ) � o
- O �5 7 gyp' ° W • s».,• ` - • - /� •
,. C ft4 (� ilirtr°w
i Js
Y
`�
230) 9
z 10) .� � 4TH AVE
V o 1HFR� b 1
3 � 22 .�
Lo
- z s !� Erickson Property
�::-��►,o � ..�. .iii /G LdN �,y , ° 4:
Petty Property Tv-
7
Wr
0 0 P s c r1w
5
A �j ,,
w : -
�. i I trJ
� / � , -0
(viJ Diris)!.'lkl�v! I° I P
17
0 •�;
AUD. 11
4; a AUDITORS SUBS �A
NO. 88 �� •� I -�
20
Z = GORE SU ®.
: LAKE
u a .,
- ,..y.. E HEAT "`:
• I / ;� � -� • � � auk• F � � dL'.
'� rs��/ 8t • i i ti: 2�d% i �. J a 7• • / `ririr'�t 4-
J.
:
16 rwlC ...... 2
is 6
(!.
R.L.S., oc c �.!! �!, ;� .t
5 ;� w000Y LA,.
o Cy o I r.,
HOUSING & REDEVELOPMENT
® AUTHORITY
Memorandum
Date: April 3, 2000
To: William W. Burns, Executive Director
From: Barbara Dacy, Community Development Director
Subject: Appointment for Joint Community Task Force
The City Councils of Columbia Heights and Fridley have decided to initiate a Joint
Community Task Force. The purpose of the task force is to identify a "plan" or
"strategies" to take advantage of the opportunities presented by the Medtronic
Corporate Campus. As opposed to "reacting" to potential development projects or other
issues, the Joint Task Force could assist both cities in developing a collaborative
approach versus a confrontational approach.
The Task Force is proposed to be an eleven- member group consisting of four appointees
from each city and a Chairperson, and representatives from the school districts. The
four representatives from each City would include a HRA (or EDA in the case of
Columbia Heights) member, a Planning Commission member, a City Council member,
and a member from the business community. It has also been decided that the Board
be expanded to include a representative from School District #14 and School District
#16. The Chairperson is proposed to be David Behlow, School District #13
Superintendent.
The Council has appointed its representative, Bob Barnette, at the March 20, 2000
meeting. The Authority should identify who would be willing to serve on the Task Force.
It is anticipated that the Task Force would meet about once a month beginning in May
and ending in November or December. The specific meeting dates have not been set,
but it may be on a Thursday evening. Once the Authority has suggested a member, the
Council will appoint this person at one of its April meetings.
Thank you for your consideration of this request.
bd
M -00 -54
n]
HOUSING & REDEVELOPMENT
w. AUTHORITY
Memorandum
DATE: April 3, 2000
TO: William W. Burns, Executive Director of HRA
FROM: Barbara Dacy, Community Development Director
Grant Fernelius, Housing Coordinator
SUBJECT: Gateway East Update
We are very pleased to report that we had a good turnout for the informational meeting on March 30,
2000 regarding the Gateway East project. About 40 residents from the Bonny neighborhood attended
the meeting which was held in the lower level of the Fridley Municipal Center.
As expected, there were a number of good questions about the project. Several concerns were
raised about the necessity of building town homes versus single family housing. However, most of
the attention seemed to focus on the proposed street alignments for the project. Attached are the
plans that were presented by staff.
Near the end of the meeting we asked the residents to rank their preferences for a street plan by
completing a short written survey. Of the 37 responses, 73% favored Option B which calls for the re-
connection of 4th Street to 57 -1/2 Avenue via a "reverse" curve. This alignment would allow access to
the project area and the businesses along the service road, but would eliminate any direct access to
the neighborhood. The remaining responses were distributed as follows:
Option A
5%
Option B
73%
Option C
8%
Other
14%
There was no consensus on a 4th option; this category included 5 responses, which ranged from
"keep current alignment" to "no suggestion ".
We believe the results of the survey will be extremely useful as we go through the process of
soliciting a developer for the project. Any issues we can identify up front for the developer, such as
the preferred street alignment, will likely save time and energy down the road.
No action is needed by the HRA at this time, however we will have additional information for the HRA
and City Council to discuss at their joint meeting in May.
M -00 -56
HOUSING & REDEVELOPMENT
AUTHORITY
Memorandum
DATE: April 3, 2000
TO: William W. Burns, Executive Director of HRA
FROM: Barbara Dacy, Community Development Director
Grant Fernelius, Housing Coordinator
SUBJECT: Remodeling Fair and Remodeling Advisor Updates
Remodeling Fair
The 2nd annual North Metro Home and Garden Fair was held on Saturday, March 18th at the Mounds
View Community Center. The fair was co- sponsored by the cities of Blaine, Fridley, Mounds View and
New Brighton. Additional support was also provided by Priority Mortgage of Blaine. Since the event
was free and open to the public, it was difficult to get a reliable attendance figure. Judging from the
steady flow of traffic it seemed to about the same as last year which as estimated at 1,200 to 1,500
people. Over 80 booths were leased to various contractors and other vendors for product displays.
All in all it was a very good day.
Remodeling Advisor
We are very excited to announce that we have hired a new Remodeling Advisor to replace Ginny
Harrington who left in February of this year. Ryan Jendro will begin working on a part time basis on
April 10th. Ryan is currently employed as a building official with the Mille Lacs Band of Ojibwe and is
leaving the agency to move closer to his home in the Twin Cities. Prior to his current job, he worked
as a project manager for a large construction company in Bloomington. Ryan has a four year degree
in construction management from UW -Stout in Menomonie, Wisconsin. We look forward to Ryan
joining our staff; we will try and arrange for him to attend the meeting on Thursday night. If not,
we'll introduce him at the June meeting.
M -00 -57
I�
HOUSING & REDEVELOPMENT
® AUTHORITY
Memorandum
Date: April 3, 2000
Memo To: William W. Burns, Executive Director
From: Barbara Dacy, Community Development Director
Subject: City Council /Commission Survey Results
A number of dates have been discussed for the HRA and the City Council to review the
results of the Council /Commission Survey. It looks like the next regular meeting for the
HRA of May 4t' is the best date for all concerned. The summary of the results of the
survey and the questions to be discussed will be distributed in your next agenda packet
for May. Staff will also confirm the time and location with you on Thursday evening.
bd
M -00 -55
ti