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HRA 04/01/2004 - 6232CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING Thursday, APRIL 1, 2004, 7:30 P.M. AGENDA LOCATION: Council Chambers (upper level) CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: March 4, 2004 CONSENT AGENDA: ✓ Consider Pledge Agreement Regarding Sale of Tax Increment Refunding Bonds .............. 1 Consider Medtronic Appraisal Invoice ........................................ ............................... 2 ✓ Consider Claims and Expenses (Distribute at Meeting) 3 f ACTION: ✓ Consider Acceptance of City Owned Property and Authorize Marketing of Site .................. 4 INFORMATION ITEMS: Gateway West Update ...... �'p�'aF- $Z"C'iC�� .................... ............................... 5 Follow Up Regarding Oreel Condemnation (Tabled at March 4t' Meeting) ........................ 6 Sht Follow Up regarding Housing Loan Program Discussion (Tabled at March 4t' Meeting) ....... 7 City Council and Commission Conference Session ........................ ............................... 8 ecFle MonthlyHousing Report ........................................................... ............................... 9 (?4f— ADJOURNMENT: —0-yr) CITY OF FRIDLEY HOUSING and REDEVELOPMENT AUTHORITY MARCH 4.2004 CALL TO ORDER: Chairperson Schnabel called the March 4, 2004 Housing and Redevelopment Authority meeting to order at 7:30 p.m. ROLL CALL: Members Present: John Meyer, Virginia Schnabel, Pat Gabel and Bill Holm. Members Absent: Larry Commers Others Present: Grant Fernelius, Assistant HRA Director Scott Hickok, Community Development Director Paul Eisenmenger, HRA Accountant Rebecca Brazys, Recording Secretary Mr. Hickok introduced the new recording secretary, Rebecca Brazys. MOTION: Mr. Holm moved and Ms. Gabel seconded to approve the minutes of the February 5, 2004 meeting. The following corrections to the minutes were requested: • Page 3, Paragraph 8 — the word "dog" should be changed to "jog." • In several locations, Ms Gabel's last name was misspelled. • Page 3, the paragraph following the interest rate motion, should read "Ms. Schnabel voiced concern". • At the bottom of Page 3, in the voice vote paragraph, "all voting aye" should be removed as the actual vote is recorded at the end of that paragraph. • Page 4, the second paragraph under Item 4, Mr. Femelius's name is misspelled and the sentence should state healing and cooling "costs ". • Page 3, Paragraph 4 — the first sentence should read "Ms. Schnabel indicated that she felt "it" is appropriate... ". UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY TO APPROVE THE FEBRUARY 5, 2004 MINUTES AS AMENDED. CONSENT ITEMS: There were no consent items scheduled for this meeting. ACTION ITEMS: 1. Consider Claims and Expenses Mr. Meyer asked for clarification on two items. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 2 Mr. Eisenmenger explained the $10,000 item is the February 2004 loan principal interest payment by Industrial Equities for a loan they have with the HRA for the John Allen project on 73rd and University Avenue. The CRF payment represents principal and interest payments received by the HRA from CRF for the various mortgage loans we have. There will be more details provided at the next meeting. Ms. Schnabel questioned why the city expenses are not reflected on the documents provided. Mr. Eisenmenger explained the city expenses are reflected on a quarterly basis. MOTION by Ms. Gabel, seconded by Mr. Meyer, to accept the documents for claims and expenses as presented. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. 2. Consider Assignment of Redevelopment Contract and Limited Revenue Tax Increment Note from McGlynn's Bakeries, LLC, to Sparky Acquisition Company. Mr. Fernelius stated that McGlynn's has notified the HRA that it intends to sell its frozen foods business, which is called Concept 2 Bakers, to Sparky Acquisition Corporation, a subsidiary of Ralcorp Holdings. The sale involves the McGlynn's facility in Fridley. McGlynn's is asking the HRA consent to an assignment of the development agreement and revenue note to the new buyer. McGlynn's entered into a development agreement with the City and the HRA in the early 1990's. They have fulfilled all of their obligations under that agreement and currently receiving revenue note payments of approximately $37,000 per year. These payments continue through August 2009. Ralcorp Holdings is a large corporation that owns a number of food companies with total sales last year of $1.27 billion. They will operate the Concept 2 Bakery under their Bremner Foods division. Staff talked to John Pritchard in early January and he felt confident that the change in ownership would not impact the Fridley operation or employment; as such he felt this is a good thing. Part of the rationale for the decision to sell the business is that the McGlynn's family is no longer in a position to continue to invest and grow the company. Staff recommends that the Authority approve the consent agreement. Mr. Meyer asked Mr. Femelius to clarify the financial aspects of this agreement. Mr. Femelius explained as part of the redevelopment contract, McGlynn's receives TIF payments to help recover some of the redevelopment costs for the property. In this case, the payments total around $37,000 per year. In 1992, the Authority issued a revenue note for $700,000 and we're paying against that using the available tax increment that the project generates. The TIF district ends in 2009. It's quite likely there will still be a principal balance owing at the end of 2009, but our obligation will cease at that point. In terms of what McGlynn's is paying back to us, they agreed to make up the difference in the local government aid penalty that the city incurred as a result of this project and those payments are around $9,000 per year. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 3 Mr. Meyer stated there is no question about either the HRA or the petitioner being put in jeopardy because of our potential agreement to this consignment; we're protected and the successor to McGlynns is protected. Mr. Femelius stated that is correct. As long as they continue to pay taxes, we will continue to pay increment back to the new buyer. Ms. Schnabel asked if we have a similar arrangement with any other development. Mr. Fernelius stated we have a number of development agreements in place. It is not uncommon for developers to reassign their interest in development agreements, however staff is not aware of other projects in Fridley where there has been an assignment to a new buyer. Mr. Holm stated, as he understands the arrangement, Sparky Acquisition Corp assumes responsibility for payment of the real estate taxes and in exchange receives $37,000 per year. McGlynn's is completely removed from this transaction in the future. Mr. Fernelius stated that is correct. Ms. Schnabel asked about the fresh bakery division currently operated by McGlynn's and the fact that Ralcorp did not purchase the fresh bakery division. Will the fresh bakery continue to operate? Mr. Fernelius explained that his understanding is that as of last October or November, McGlynn's shut down their fresh bakery operation and were operating the frozen food business only. Ms. Schnabel stated she understood there is also a cake decorating division. Mr. Fernelius stated that is correct but it is not a part of this agreement and he believes that business will continue to be operated by McGlynn's. Ms. Schnabel also stated that Ralcorp has indicated they intend to operate at this facility and that no jobs will be lost as a result of this sale. MOTION by Mr. Holm, seconded by Ms. Gabel, to approve the assignment of the redevelopment contract from McGlynns Bakeries, LLC to Sparky Acquisition Company. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING AND REDEVELOPMENT AUTHORITY MEETING, MARCH 4.2004 PAGE 4 INFORMATION ITEMS: 3. Spring Valley Estate Development Mr. Hickok explained the location of this development is in the southeast quadrant of the intersection of Mississippi and Old Central. Mississippi Street is on the north and Old Central is on the west. This is a private development being proposed by John DeMello who was born and raised in Fridley. This is not a development in which tax increment dollars have been invested or in which the HRA is involved. The Planning Commission reviewed this proposal and recommended on a 6 —1 vote to approve this project to the City Council, which will take formal action on the request on March 8th. Each one of the elevations for the residential building has been done in such a way to allow for a four -sided complex and that is one of the things we look for developers to do so that all sides of the building are equal. The architect carried the theme through the residential and commercial area. The developer is hoping to complete the residential area in one phase, but if they have to proceed in two phases, the first phase will have a completed appearance. The commercial building is designed to be four -sided so that there is no back of the building facing the condominiums. Mr. Meyer asked what material will be used for the exterior of the buildings. Mr. Hickok explained they will use a combination of brick, stone, concrete -board siding and stucco with a standard asphalt shingled roof. Ms. Schnabel asked Mr. Hickok to delineate the line between Phase 1 and Phase 2 of the residential building. Mr. Hickok explained Phase 1 will consist of 35 units and Phase 2 will have 36 units and will be the curved portion on the south end. There is a garage entry in Phase 1 and the traffic will be two -way in the garage area. In Phase 1, residents will enter and exit from the same location. In Phase 2, there will be a second garage entrance enabling the residents to loop through if they so choose. Ms. Schnabel questioned the entrance to the property. Mr. Hickok explained that access to county roads is limited. The county and city worked together on this proposal to determine where the access sites would be best located. We have two county roadways on this site. The residential access point is on Old Central. There is no connection roadway -wise between the commercial and the residential areas. The commercial area has an entrance and exit point on Mississippi and Old Central. These have been specifically designed to line up with the two points across Old Central for the development proposed and approved for that property as well as the new drive for Sandee's Restaurant. This is a much safer and more efficient way of laying out the access points. Mr. Meyer asked who the architect is for the Spring Valley development. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 5 Mr. Hickok stated the architect is Peter Billard of Architectural Works Billard Inc. Mr. Meyer asked what control from this point on would we, the Planning Commission and the City Council have with regards to the exterior appearance and the interior. Mr. Hickok explained the controls we have are in the stipulations placed on the plat and on the rezoning. The master plan and the plat are a part of the rezoning and include stipulations tying down the architectural elevations to dated plans and we tied down the materials to plans and dates that are very specific. We also tied down the other elements. Any modification of the approved plan would have to come back through a process to have modifications approved. So we're comfortable with the stipulations that have been placed on this project and that is the typical process we use to make sure that the project presented is the project built. Mr. Hickok presented details of this proposal explaining that the petitioner is requesting two separate land use actions from the City of Fridley, not from the HRA, this is just to give you a sense of what has already been acted upon by the Planning Commission. There's two separate actions from the City of Fridley in order to construct the 71 unit senior owner - occupied condominium units and the retail complex on the southeast comer of Central Avenue and Mississippi Street. The plat is being requested to create two new parcels from 1314 Mississippi Street, 1340 Mississippi Street, 6401 Central Avenue, 6421 Central Avenue, 6441 Central Avenue, 6461 Central Avenue and 134160 and 1357 64th Avenue. That's the addresses of the properties you would see today if you went out and drove this site today. • The first building to the north is a 13,420 square foot retail building. • The southern parcel will be used for the construction of 71 owner - occupied senior condominiums. • The petitioner is also requesting a rezoning for the east side of Old Central between Mississippi Street and 64th Avenue. Currently there is a mixture of commercial and residential zonings and the petitioner is seeking to rezone the entire block to S 72 Redevelopment District. • The petitioner has stated that he envisions the commercial building will house neighborhood retail businesses such as a pharmacy, a coffee shop, an ice cream / sandwich shop and a hair salon. • The retail complex will include at least 54, 10 food wide parking stalls for customers which meets code requirements. • The residential development will be a 4 -story 71 -unit independent senior condominium complex composed of 71 owner - occupied units comprised of 1, 2, and 3 bedroom units. • The development will include 73 underground parking stalls and 30 surface parking stalls which meets the requirement for a senior complex. • The petitioner plans to model the exterior of both projects after an Italian villa. HOUSING AND REDEVELOPMENT_ AUTHORITY MEETING, MARCH 4.2004 PAGE 6 • The site will include several ponds, a gazebo, and a trail system with landscaping that surrounds the property. Site ponds are required to slow down storm run -off and allow it to be cleansed before it enters the storm sewer system. • Rezoning a property to S -2 Redevelopment District, requires that the accompanying site plan become the master plan for the site. • If the rezoning and master plan were approved by the City Council, any modification of the site plan would need to go back to the City Council for review and approval. • Review of the master plan would also need to be completed by the Housing and Redevelopment Authority as the property is in a Redevelopment District. CITIZEN CONCERNS • The walking path should be around both structures so residents could make a loop around the entire complex. This has been shown on the site plan. • Is parking adequate? Visitor parking? The parking does meet the code requirements. • Pedestrian traffic /traffic on Old Central and Mississippi was a topic of discussion. All indications are that with this development and the new development across the street, the traffic impact will be minimal. No additional traffic controls will be necessary. • Pond Safety. Our standard is not to fence ponds but to have them created in a way that they are amenities on the site and not treated as utilities, landscaped and meant to be a feature. The pond slopes will not be severe, but will be gradual and shallow. • Setback from Property Line. The developer has used the standards of an R3 Multi- family Development. There have been no requests to forgive setback requirements for this project. The only modification is the parking area is a 3 foot area to allow parking which is acceptable in a master plan for such a development. • Removal of Existing Homes. That is an impact of this development but should be used as a positive exchange as this project will provide very nice additional housing of a different type. • Comprehensive Plan not a law, ordinance or statute. That is not true. The comprehensive plan is identified in the statutes and case law as the governing factor in making determinations on zoning. In our recent comprehensive plan we did highlight this property and the property across the street as redevelopment districts. So this rezoning and the subsequent master plan is in line with the comprehensive plan. • Ownership of property. There were some folks that were concerned about the ownership of the property. This proposal is no different from many other such projects where negotiations are done and deals are made contingent upon approvals at the local level. After reviewing the facts, staff is comfortable with this proposal. • Tall building in the back yard. This particular concern was expressed by the homeowner two lots away. There is going to be a 4 story building, so it does HOUSING AND REDEVELOPMENT AUTHORITY MEETING, MARCH 4.2004 PAGE 7 change the scale a bit, but that is one of the outcomes of development. We don't believe this is detrimental to the neighborhood and the residential building has been designed to curve away from the existing house as best it can. • Cost of staff time. There was some concern about the amount of staff time involved in the review of this type of development. Mr. Hickok explained that we are looking at significant fee increases for development applications. • Fit in the neighborhood. To give a sense of relationship as to the height of this structure, Mr. Hickok pointed out that the Medtronic parking ramp is 35 feet to the railing of the upper deck with an additional 10 feet for the canopies at the comers. The residential building in this proposal has a mid section height of 47 feet. • Breaks up core of the city. Mr. Hickok stated that is a matter of perspective. But this proposal could be viewed as a very nice opportunity for an additional and needed type of housing for the city. • Area is getting run down. One citizen welcomes the opportunity for a new development to provide a much - needed change in that neighborhood. • Need something like this for seniors. One individual spoke of the need for this type of housing in the city. • Scale of the building. The staff has evaluated a number of different site plans and they believe this is the most appropriate layout for this site. HOUSING STUDY Mr. Hickok explained that the petitioner hired Maxfield Research, Inc. to complete a Market Feasibility Study for Senior Housing in Fridley. Maxfield determined the area would support 189 housing units and that a senior housing development would be the most marketable project for this site. Their research also showed that the subject site could best support an age - restricted owner - occupied development such as a condominium or cooperative of around 70 units. TRAFFIC ANALYSIS Mr. Hickok stated the staff utilized a number of sources to determine the possible impacts that 71 senior owner - occupied condominium units and the commercial complex may have on the local traffic patterns. Staff consulted the Transportation chapter of the City's Comprehensive Plan, and reviewed the traffic study supplied by TDI, Traffic Data Incorporated. • The City's Comprehensive Plan indicates that in 2001, the portion of Old Central adjacent to the proposed senior condominiums carried 8,000 vehicles per day and, at this traffic level, was only carrying 57% of the traffic for which the roadway was designed and constructed to function at a Level of Service D. • The Comprehensive Plan anticipates Old Central carrying over 10,000 vehicles per day by the year 2020, based upon increases in population for Fridley and surrounding communities, as well as redevelopment and reinvestment within Fridley. HOUSING AND REDEVELOPMENT AUTHORITY MEETING, MARCH 4. 2004 PAGE 8 • At 10,000 vehicles per day, Old Central will be carving 71 % of the maximum amount of traffic for which the roadway was designed. • The petitioner hired Traffic Data Incorporated, a data collection, traffic engineering and transportation planning firm to perform a traffic analysis. • The consultants performed a trip generation analysis based on the methods and rates published in the ITE Trip Generation Manual, 7"' Edition, which was published in December 2003. • The consultants used the Senior Adult Housing Attached category in the ITE manual to determine that the proposed senior complex would generate a total of 247 trips per day. • The consultants used the Specialty Retail Center category from the ITE manual and determined that the proposed retail complex would generate a total of 598 trips per day. • TDI developed traffic forecasts for the following 2005 scenarios: • No build (with traffic forecasted from the Town Center Elderly Housing project approved across from the site on Central Avenue). • Build Spring Valley Estates (with traffic forecasted from the Town Center Elderly Housing project). • The finding of these forecasts show that the level of service at both the Central Avenue / 64t' Avenue intersections and the Mississippi Street / Central Avenue intersections would remain the same in the no -build or build scenarios. • The only change seen is during the AM peak hour at the Central Avenue / 64th Avenue eastbound intersection where the level of service would change from LOS B to LOS C. • To complete the traffic study, the consultants also referred to the Minnesota Manual on Uniform Traffic Control Devices, which governs the use of traffic control devices per Minnesota State Statute. • The Minnesota Manual on Uniform Traffic Control Devices has eight criteria (called warrants) to consider when determining if a traffic signal should be installed at an intersection or not. • These warrants are primarily based on the traffic volumes flowing through the intersection. • A warrant analysis was conducted for the Mississippi Street / Central Avenue intersection. • To complete this analysis, TDA staff performed a turning movement count from 6:00 a.m. to 7:00 p.m. at the Mississippi Street / Central Avenue intersection. • None of the eight warrants are met under the existing conditions, nor will they be met if the elderly housing and retail buildings are constructed on the proposed site. • According to this anaylsis, a traffic signal should not be installed at the intersection of Mississippi Street and Central Avenue until at least one of the warrants is being met. • The conclusions of TDI's analysis state that the stop controlled approaches at the Central Avenue / W Avenue intersection operate at HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 9 LOS C or better under all scenarios with the existing lane configurations and traffic control. The intersection of Mississippi Street and Central Avenue operate at LOS D or better under all scenarios with the existing lane configurations and traffic controls. A traffic signal is not currently warranted at the intersection and a traffic signal will not be warranted at the intersection after the proposed development is completed. WETLAND Mr. Hickok reviewed the wetland review for this site. The petitioner has been working with the Rice Creek Watershed to determine if the project area has a wetland. The petitioner has hired Tom Bremen, with Acorn Consulting, to delineate the site for any possible wetlands. Currently, both the petitioner and the Rice Creek Watershed are waiting for the delineators report. PHASING PLAN Mr. Hickok reviewed the phasing plan for this proposal as follows: • The petitioner has indicated to staff that their intentions are to build the entire 71 unit senior owner - occupied condominium project all in one construction phase. • If the bank required unit pre -sales are slower than predicated by the market report, then they plan to phase the project. • Phasing the project would involve constructing the senior complex in two phases (two buildings). • The first phase would be 35 units and the second phase would be the remaining 36 units. • Phase one would commence upon selling the bank required percentage of units in the first half of the building, removal of the existing homes, and soil corrections. • Phase one would tentatively commence in August 2004. • Phase two would commence when the pre -sales are met for the first part of the second half of the building. • In the meantime, sod, landscaping, and parking would be installed. • Phase 3 involves the retail space. • Simultaneously with the residential property the retail building would be pre - leased. • When the building is completely leased, the building will be constructed. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 10 STAFF RECOMMENDATION Mr. Hickok stated the City Staff recommends approval of the Redevelopment Master Plan as presented. Proposed rezoning is consistent with the Comprehensive Plan. • Provides housing opportunities for seniors. • Provides additional retail opportunities in Fridley. • Provides additional job opportunities in Fridley. Ms. Gabel commented that she likes the four -sided retail space, but wondered how they plan to handle the refuse. Mr. Hickok explained they plan to have a dumpster enclosure. They're looking at the southeast comer of the property in an area that is fully screened and finished off so it doesn't have any impact on the residential building. Or possibly an area attached to the building that would be fully enclosed so there will be no viewing from adjacent properties. Mr. Meyer asked what the projected cost of the residential sector will be. Mr. Hickok estimated the cost to be in the area of $15 to $17 million. Mr. Meyer asked how many units are included in the Town Center project across the street. Mr. Hickok stated there are 53 units in that proposal. Mr. Meyer asked if the traffic study included those 53 units. Mr. Hickok stated that area was included. Mr. Meyer expressed concern about the height of the project and asked if the underground parking could be lowered to lessen the overall height of the building. Mr. Hickok explained that they would certainly lower it if they could, but ground water is an issue and will control where that footing elevation is. They have done an incredible amount of analysis and provided that information to us regarding this matter. Mr. Meyer stated he hopes the variation in ground water at different times of the year has been taken into consideration. He also stated it seems that it would be better to allow access from the residential area to the retail area. Mr. Hickok responded that all options have been explored and the determination was made that separating the traffic would be a better solution for all involved. Ms. Schnabel asked if there is a walking path included. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 11 Mr. Hickok stated there is an area on the site plan that has been designed to create a walking loop to give the residents an opportunity to walk up to the retail area or to simply utilize the path for taking a walk. Ms. Schnabel asked if the retail area will be fairly small businesses. Mr. Hickok explained they will be small retail users, broken up into say five small spaces. If an office use wanted to come in and lease half of the building, they would be perfectly fine with that as well. The petitioner does need to live by the standards of the commercial zoning district for that complex. Mr. Meyer asked if the store entrances will all face north. Mr. Hickok replied the building is designed to be an interactive opportunity with glass entrances on the south and north sides of the building which provides access for the senior residents. Mr. Meyer was concerned that the south side of the commercial building not become a utilitarian area which the residents of the senior housing will be forced to view. Mr. Hickok again explained that they have designed the retail area to not have a "back door look ". Once the plan has been approved, the developer must follow the approved plan or request approval of any modifications. Ms. Schnabel asked how closely detailed are such items as the exterior finish of the buildings so that there are no changes during actual construction. Mr. Hickok stated to this point the petitioner has not objected to the stipulations that outline the materials to be used on the exterior of the buildings. Again, he explained that any modifications to the plan would require review and approval by the Planning Commission. Ms. Schnabel asked how many acres are included in the total area. Mr. Hickok responded that there are 4.1 acres included in the plat and the rezoning Ms. Schnabel asked how many acres how many units and how many acres involved in the Gateway West project. Mr. Hickok replied there are 90 condominium units on approximately 3.5 acres. There's a total of 8 acres, but that included townhouses and additional parking. Gateway East included a little over two acres with 28 units. Ms. Schnabel stated the purpose of this discussion is informational only. Mr. Hickok explained that is correct, but if the HRA members would like to pass a recommendation on to the Council they are welcome to do so, or they may simply pass it on without comment. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 12 Ms. Gabel stated she believes this is a good thing for the city as she has had many friends who have left Fridley because they were unable to find such housing after they sold their homes. Mr. Fernelius clarified for the members and the audience that this is not a public hearing. The public hearing was held by the Planning Commission and will go before the City Council March 8 for additional public input. Mr. Meyer repeated his concern that the traffic should be allowed to flow from the residential to the commercial area and he was concerned about the location of the access to the roadways. Mr. Hickok explained this proposal has been carefully reviewed by the petitioner's engineers and the city engineers as well as the county. This is the alternative that works best. He added that the county is very restrictive as far as access allowed to county roads. Ms. Gabel commented that if she lived in the condominium units on this site, she would rather not have the traffic from the retail site coming into the residential area. Mr. Meyer also expressed concern about the mixture of materials for the exterior of the buildings. Mr. Hickok stated he trusts the architect's integrity on this and also the staff's ability to review plans and to only approve plans that they recognize as being of quality construction. Mr. Meyer stated it is money that drives such decisions. Ms. Schnabel commented that this proposal has been reviewed and approved by the Planning Commission and then will be presented to the Council. Mr. Meyer felt it is also the HRA's job to pass comments onto the Council. He remained concerned about the traffic and the different materials to be used on the exterior of the buildings. Ms. Gabel stated she does not believe it is the HRH's role to get into the details of this project, but that the HRA should simply be concerned with the overall concept of the plan. Mr. Hickok replied that is correct. Mr. Meyer stated it seems that the HRA's responsibility goes beyond just the general concept. Ms. Schnabel asked Mr. Meyer what he wants to see done differently as far as the traffic. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 13 Mr. Meyer stated it seems that the one main entrance and exit point is halfway up the street. If that was dropped down further south and the other entrance near the retail was broadened to serve the retail and the residential area it would "Free it up" and not create a bottleneck. Mr. Hickok reiterated that we are very much governed where access can be taken on county roads. Not only do we need to consider what happens on this site but also lining up driveways across the way so we don't end up with a 57th Avenue situation again. It's very important to segregate the commercial traffic from the residential traffic. Ms. Schnabel asked if there is any access from the residential area behind Holly Center into Holly Center. Mr. Hickok stated there is not. The concept here is to have a cohesive yet independent development with distinct and different uses so that the people can shop in the retail area yet keep that traffic from the residential area. Ms. Gabel suggested it may have been helpful for the HRA members to have seen the minutes of the Planning Commission meeting where these issues were probably discussed in detail. Mr. Holm stated he likes that the rear of the retail area will not have a "back door" appearance and asked if there will also be parking spaces on both sides. Mr. Hickok replied that there is. Ms. Schnabel asked if we want to make specific recommendations to the Council or will the minutes suffice? She added that she believes there is a need for this type of housing in Fridley. Mr. Meyer agreed that this is a needed development. He asked if there is an income cap on the condominium units. Mr. Hickok explained they are not asking for any sort of assistance, it is all private dollars. Since the city is not involved in any part of the financing of this project, the pricing is up to the developers. MOTION by Mr. Holm moved, Ms. Gabel seconded that the HRA affirms there is a need for this type of housing and that we generally concur with the concept of the development as approved by the Planning Commission and the general design. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING AND REDEVELOPMENT AUTHORITY MEETING MARCH 4 2004 PAGE 14 4. 2004 North Metro Home and Garden Fair Mr. Femelius explained that this event would be held this Saturday between 9:00 and 2:00 p.m. at the Mounds View Community Center at 5394 Edgewood Drive off Highway 10. This event is free and open to the public. There will be a total of 72 booths with a large variety of contractors and landscaping companies as well as other information. There will also be a series of workshops. We'd like to invite the HRA members and the audience. MOTION by Ms. Gabel, seconded by Mr. Holm to table the next two agenda items ( Oreel Condemnation Case and Follow -up on Housing Program Discussion) to the next regular meeting. 5. Follow -up on Housing Program Discussion 6. Follow -up on Oreel Condemnation UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. 7. Monthly Housing Report Mr. Femelius stated there is nothing out of the ordinary on these reports. ADJOURNMENT: MOTION by Ms. Gabel, seconded by Mr. Holm, to adjourn. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON SCHNABEL DECLARED THE MOTION CARRIED AND THE MARCH 4, 2004 HOUSING & REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 9:30 P.M. Respectfully submitted, Rebecca Brazys Recording Secretary e :1 .e1 0i FINANCE DEPARTMENT CITY OF FRIDLEY RICHARD D. PRIBYL FINANCEDIRECTOR TO: WILLI" W. BURNS, EXECUTIVE DIRECTOR HRA fIR;CTOR GRANT FERNELIUS, ASSISTANT HRA EXECUTIVE FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR PAUL EISENMINGER, HRA ACCOUNTANT SUBJECT. Resolution approving a pledge agreement for the $3,920,000 Taxable General Obligation Tax Increment Refunding Bonds, Series 2004A Date: March 22, 2004 Attached you will. find a tax increment pledge agreement that is required as part of the new $3,920,000 tax increment bond issue. This pledge will replace the one that was in place for the original bond issue of $4,185,000 that was issued in 1988. As you recall, this refunding issue was done replacing the debt that originally was used to purchase the property on which Medtronic has placed their corporate headquarters. We opened bids for these bonds on the 23rd of February and due to the favorable bond market we are in, from an issuers perspective, we will save $310,542.00 over the life of the bond. Staff is recommending that the attached resolution pledging increment for the repayment of these new bonds be approved by the Housing Redevelopment Authority RESOLUTION NO. HRA 2004 -_ RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF TAX INCREMENT PLEDGE AGREEMENT RESPECTING $3,920,000 TAXABLE GENERAL OBLIGATION TAX INCREMENT REFUNDING BONDS, SERIES 2004B This Tax Increment Pledge Agreement (the "Agreement ") is dated as of March 23, 2004; is by and between the City of Fridley, Minnesota (the "City "), and the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "HRA "); and provides as follows: WHEREAS, at the request of the HRA, the City Council has adopted or is expected to adopt a resolution (the "Bond Resolution ") awarding the sale of the City's $3,920,000 Taxable General Obligation Tax Increment Refunding Bonds, Series 2004B (the "Bonds ") to refund the 2005 through 2012 maturities of the issuer's $4,185,000 Taxable General Obligation Tax Increment Bonds, Series 1998B, dated October 1, 1998 (the "Prior Bonds "), which were issued to refinance certain expenditures for certain redevelopment costs incurred by the HRA within its Redevelopment Project No. 1, which costs were originally financed through the issuance of the City's $4,090,000 General Obligation Temporary Tax Increment Bonds, Series 1995A, dated November 1, 1995; and WHEREAS, the proceeds of the Bonds will be used to pay the Prior Bonds on February 1, 2005, maturity; and WHEREAS, to provide funds sufficient for the timely payment of the debt service on the Bonds, it is necessary for the HRA and the City to enter into this Agreement: NOW, THEREFORE, in consideration of the covenants and agreements hereof between the City and the HRA, and pursuant to Minnesota Statutes, Section 469.178, Subdivision 2, the City and the HRA hereby agree as follows: 1. In order to pay the principal of and interest on the Bonds, when due, the HRA hereby pledges to the City, for deposit in the Debt Service Account established by the Bond Resolution for the payment of the Bonds, and the HRA shall pay to the City, Available Tax Increments (hereinafter defined) in amounts sufficient to pay such principal and interest, when due, and, to the extent that the Available Tax Increments are ever insufficient for such purposes, and the City, pursuant to the Bond Resolution, advances City funds to provide prompt and full payment of the Bonds, the HRA agrees to reimburse the City for such advances from such tax increments, when collected by the HRA. As used in this Agreement, "Available Tax Increments" means tax increments derived by the HRA from the Tax Increment Financing Districts currently existing within the HRA's Redevelopment Project No. 1 (to the extent the same may be applied toward payment of the Bonds pursuant to applicable law) within the HRA's Redevelopment Project No. 1, subject to all undischarged pledges or other commitments heretofore made for such tax increments. In 1619237v1 payment of its obligations under this Agreement, the HRA expressly reserves the right to pledge or otherwise dedicate such tax increments to purposes other than the payment of the obligations described above upon a finding by the HRA that the estimated Available Tax Increments then remaining will be sufficient from year to year for such purposes. In addition, to the extent that Available Tax Increments may not be sufficient for the above purposes, the HRA agrees to pay the shortfall from such other of its resources as may be available, including land sale proceeds and other assets and receipts. 2. An executed copy of this Agreement shall be filed with the office of Anoka County Property Records & Taxation, as required by Minnesota Statutes, Section 469.178, Subdivision 2. 3. This Agreement shall become effective upon the actual issuance and delivery of the Bonds. IN WITNESS WHEREOF, the City and the HRA have caused this Agreement to be duly approved and executed as of the day and year first above written. HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA By: Its Chair By: Its Executive Director CITY OF FRIDLEY, MINNESOTA By: Its Mayor By: Its City Manager (SEAL) PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS DAY OF 2004. Lawrence R. Commers, Chairperson ATTEST: William W. Burns, Executive Director 1619237v1 MEMORANDUM FINANCE DEPARTMENT CITY OF FRIDLEY RICHARD D. PRIBYL FINANCE DIRECTOR TO: WILLM4M W. BURNS, EXECUTIVE DIRECTOR HRA 'I A GRANT FERNELIUS, ASSISTANT HRA EXECUTIVE RECTOR FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR PAUL EISENMINGER, HRA ACCOUNTANT SUBJECT.• Invoice from The Valuation Group, Inc. Date. March 25, 2004 You probably have already noted a bill in the check register that you are approving this meeting in the amount of $11,237.00 to The Valuation Group. This invoice and vendor relate to the work that is being done in regard to the petition to reduce the market value on Medtronic. It is not unusual in cases such as this, to hire outside appraisal services that have extensive background in valuing and defending values associated with difficult and specialized real estate. Since this case involves Medtronic and all of the value at risk is tax increment, it would be a cost that could be part of the 10% administrative cost that the HRA has available within the Lake Pointe (Medtronic) District for administrative overhead. Any value that is lost or saved will all be tax increment that is subject to return to Medtronic. We felt that since the cost of defense pertains to increment that is generated by Medtronic and they are raising the issue and causing the expense, it would only be reasonable that the increment should pay for the cost of defense of value. If the Commission Members would like to discuss this information, it should be off the record due to the legal process that this is now subject to. Qmsv17L sle�.cno(q 2 ., - - 1 1 I 1 1 1 1 1 1 I Cw9 W � i a 1 1 a I I 1 1 1 1 1 1 F 1 1 a o I 1 a I I w 1 1 a 1 1 1 1 1 1 1 1 F I co M 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 O m 0 0 0 0 0 0 0 0 0 0 0 0 0 1 dF. 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N m \] z 01 pq I W,4., I V au as aro 0 oro oa 0 1 Ow o0 M Ma H O I o 0 0 0 o a I4 H a .+ H a H '+ N .+ N M t0 M .M-1 a F Q q L� 1 H I \ w \ .-� \ ,-1 \ \ rl \ \ r-1 \ \ 01 \ r•1 \ IC \ w \ \ M W H W W I F I M •H M M ro M 1.1 M ro M 11 M ro M 41 M (." M ro M N M ., M M$ FE+ I Ha 1 oro 001 0 11 a oa 0 oa 0 0•H oa oQ oro o O R M w w w w m O •N U >. w u w u w W U w 1./ qqq Uto OU I a Q g V 7 I W I ow Ox o•0 ow 0.9 0w q w o> 0C old OR z o w o a o 41 0 - 0 u o u o w b •r o 0 o 93 0 0 %D rro IDw m ow H0 Nw MO aw Inw %D r- (d w0 air zQ ' Hx i s 1 a H•.1 N a N_,I N a " H N m N a cj NH N U a °a as °a °Oa a s 0 U I F m mm N 111 F In F o m °a N g 00 U £ Date: To: From: Subject: VENDOR THE VALUATION GROUP, INC. SHORT ELLIOTT HENDERSON CRF, INC. THE MERMAID WILSON DEVELOPMENT SERVICES MOUNDS VIEW COMMUNITY THEATRE INSTY- PRINTS SUN NEWSPAPERS FRIDLEY HRA LOAN PROGRAM CEE KRASS MONROE ANOKA COUNTY April 1, 2004 HRA Commission Members Paul Eisenmenger - HRA Accountant HRA Expenses For Approval DESCRIPTION AMOUNT MEDTRONIC LIMITED -SCOPE APPRAISAL 11,237.00 TIF BLIGHT ANALYSIS FOR GATEWAY WEST 1,107.25 REFUND OVERPAYMENT 22,749.38 PASTRIES FOR HOME & GARDEN SHOW 224.17 ACQUISITION & RELOCATION SERVICES 37.50 FISH POND FOR HOME & GARDEN SHOW 300.00 BROCHURES FOR HOME & GARDEN SHOW 585.35 ADVERTISING FOR HOME & GARDEN SHOW 727.12 REPLENISH CHECKING ACCOUNT FOR CEE LOANS 25,000.00 LOAN ORIGINATION FEES, REMODELING ADVISOR VISITS,MARKETING 2,753.45 FEB'04 PROFESSIONAL SERVICES RENDERED 840.75 2004 PROPERTY TAXES ON GATEWAY WEST PROPERTY 699.82 Total: $ 66,261.79 COMMUNITY DEVELOPMENT DEPARTMENT F1 HOUSING DIVISION Memorandum DATE: March 26, 2004 TO: William W. Burns, Executive Director Fridley HRA 60V FROM: Scott Hickok, Community Development Director Grant Fernelius, Assistant Executive Director Fridley HRA SUBJECT: Conveyance of Property to the HRA For Sale Through Its Housing Replacement Program On November 24, 2003, the City Council approved a lot split and land swap with a private party near the intersection of Ashton Avenue and Ely Street in northwest Fridley. The Council action was of mutual benefit to the individuals and the City in that it created two buildable lots, where only one had existed. Now that that action has occurred, the City would like to sell its residential lot that was created. Staff has evaluated the alternatives for this sale and believes the best solution is to ask the HRA sell the lot for the City. The proceeds of the sale would be transferred back to the City's general fund. However, the HRA would benefit from the land being added to their housing replacement land inventory. Monetary benefit would come from the tax increment generated from the addition of a new home through the Housing Replacement Program. MECHANICS OF THE TRANSACTION The city would convey the property through a deed to the HRA (with a caveat that the proceeds be transferred back to the City upon sale of the property). The HRA would add the property to its inventory of properties in its housing replacement program. The HRA staff would prepare a document of conditions to assure that the future buyer of the land will build a home that is consistent type and quality to meet City requirements. Staff would then advertise the sale of the property through a solicitation of bids. Once bid responses were reviewed, staff would advertise for a public hearing, which would allow the HRA to receive public comment and to award the property to a successful bidder at that time if appropriate. The HRA would then transfer the proceeds of the sale back into the City's general fund, but would gain benefit from the tax increment generated from a new home within the HRA's housing replacement program. 4 RECOMMENDATION Staff recommends approval of the attached resolution that allows the conveyance of property to the HRA for purposes of sale and authorizes staff to begin marketing the property. M -04 -52 RESOLUTION HRA NO. -2004 A RESOLUTION ACCEPTING THE TRANSFER OF REAL PROPERTY FROM THE CITY OF FRIDLEY AND ESTABLISHING CONDITIONS FOR THE SUBSEQEUNT SALE AND DISPOSITION OF SAID PROPERTY 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. The City of Fridley, Minnesota (the "City") is now the fee owner of real property, legally described as `Tract B' The South 107 feet of Lots 21 - 24, Block 14 Spring Brook Park, Anoka County, Minnesota (the "Property"). 1.02. The City has determined that the highest and best use of the Property is for the construction of a new single - family home. 1.03. The City has also determined that the most appropriate means of redeveloping the Property for the highest and best use is to convey said Property to the Authority for inclusion in the Housing Replacement Program (the "HRP Program "). 1.04. The City, at their regular meeting on March 29, 2004 approved the sale and transfer of the Property to the Authority. Section 2. Findings. 2.01. The Authority, for payment of good and valuable consideration of $1.00, hereby accepts fee title to the Property from the City. 2.02. The Authority hereby declares that the Property will be added to Phase 4 of the Housing Replacement Program. 2.03. The Authority hereby authorizes staff to prepare the necessary marketing materials in order to sell the site to the general public. 2.04. The Authority hereby authorizes staff to accept bids from interested parties following the procedures and guidelines of the Housing Replacement Program. 2.05. The Authority hereby reserves the right to accept or reject any or all bids for the Property. 2.06. The Authority hereby declares that the sale of the Property to the successful bidder shall occur after a public hearing has been held and the Authority has reviewed and approved the construction plans for the new home. HRA Resolution No. -2004 2.07. The Authority hereby stipulates that the net proceeds from the sale of the Property shall be transferred to the City within 30 days of the closing. PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA THIS 1St DAY APRIL, 2004. ATTEST: William W. Burns, Executive Director 2 Lawrence R. Commers, Chairperson COMMUNITY DEVELOPMENT DEPARTMENT .. HOUSING DIVISION Memorandum DATE: March 26, 2004 TO: William W. Burns, HRA Executive Director t� FROM: Scott J. Hickok, Community Development Director Grant E. Fernelius, Assistant HRA Director SUBJECT: Gateway West Update The purpose of this memo is to update the Authority on the Gateway West project and outline the next steps in the process. Properly Acquisitions The owners of 5923 and 5925 - 3rd Street (Olson and Alaspa) have moved out of their homes. As part of the negotiations, the sellers have limited salvage rights (e.g. appliances, cabinets, outdoor plants), which must be exercised by June 30th. The owner of 5917 - Yd Street (Olson) has purchased a replacement home near Cambridge, but has remained in their Fridley residence pending completion of some remodeling on their new home. The Olson's also have limited salvage rights to the Fridley home. Depending on when the families complete their salvage activities, it may be possible to start some of the pre- demolition work (e.g. disconnecting utilities) prior to June 30th. Staff has had no contacts with the owners of 5933 3rd Street (Pawluk) or the 4 -unit apartment building at 5955 3rd Street. During the next few weeks, staff will make additional attempts to contact the rental owner and evaluate their willingness to sell. If no progress can be made on either property by May 1 st, staff will seek direction from the Authority on whether to proceed with a non - voluntary acquisition (e.g. condemnation). As part of this decision - making process, the costs and benefits of pursuing the remaining sites should be carefully weighed. For example, acquiring the home and apartment will add enough land for two lots, while removing a total of five housing units. Acquisition by condemnation could be both expensive and possibly become a sensitive issue for the neighborhood. A second option would be to proceed in developing the sites already HRA control (12 units vs. 14 units). Both of these options will be evaluated and discussed further at the May meeting. 5 Gateway West Update March 26, 2004 Page 2 CDBG Funds Earlier this month, Anoka County released the CDBG funds to the HRA for reimbursement of expenses related for land acquisition. The total reimbursement was $191,559 and covered the acquisition and relocation the Alaspa family at 5925 3rd Street. Next Steps April Contact remaining owners and determine willingness to sell. Staff to develop recommendations for May meeting. May HRA decision on whether to proceed with remaining acquisitions. If project were to proceed without additional sites, staff will begin work on land use issues, including a survey, street vacation, and plat application requests. Realistically, land use applications would be ready for submission by end of May (60 days to complete process). Letter sent to neighborhood on project status. June Pre - demolition work would commence such as disconnecting utilities, de- construction (if appropriate) and environmental assessments. Staff would begin drafting a Request for Proposals (RFP) and design guidelines for the new homes. Demolition bids would be sought for project. July Demolition work authorized by HRA. RFP reviewed and approved by HRA. Staff to begin process of soliciting builders /developers. Process to take 45 days. August Land use approval process completed. Demolition and related site work to begin (removal of streets, installation of new utility stubs, etc.). September HRA to review RFP's and select a developer for the project. Authorize staff to begin drafting development agreement, along with terms and conditions. October HRA to review and consider approval of development agreement. Builder /developer to begin marketing the individual lots to the general public. Recommendation Unless otherwise directed, staff will proceed along the time line referenced above in anticipation of a formal decision at the May HRA meeting. M -04 -48 �o CD O �1 CD C CD t.mml, , CD C7 ■ ■ ■ CD CD CD cn r37' Mme+ • CD CD cn t� CD cr 0 CD cn S CD CD CL Imo► • CD 5 CD 0 CD CD CL �1 CD CD n ■ tQ ~� �.CD o 0 � CD CD �..r . CD CD CD cD CD • CD CD o CD CD � � �• w ►� o w � � o o � � o CD �..� . 5 CD F..+ 0 O 0 n 0 �1 CD C CD 0. n ■ 0 0 C y ' 0 CD CD C-D CO OwA . CD CD C-D C-D CD '-C� CD �(D CD CD U� > n CD C-D ° Co CD CD CD C CL p' n CD ,r . cD r..r o � � r.o ° b cn ° O .. p O O CD 5� CD O � CD ° CD O-A O—A -e-, 4 p CD o CD O C-+ v, Omni O OMA vs • �--{- CD o 0 � . O �n n v1 0 0 ■ PPI d CD CD O CD CD CD � O O CD CD O CD ~, r-�- CD O • CD CD CD n � CD � CD CD O O. CD 0 d C� � O CD CD OOA n � CD ICD CAD C CD O � O CD CD � C� COMMUNITY DEVELOPMENT } DEPARTMENT y HOUSING DIVISION Memorandum DATE: March 26, 2004 TO: William W. Burns, City Manager 4V FROM: Scott J. Hickok, Community Development Director Grant Femelius, Assistant HRA Director SUBJECT: Update on Fred Oreel v. City of Fridley Settlement Note, this item was tabled at the March 4, 2004, HRA meeting. As a follow to Chairman Commers request for additional information and a written opinion from the City Attorney on Fred Oreel Condemnation settlement, we have included this information. You will note that the court's memorandum was filed Feb 18, 2004. We just received this information during the preparation of your packet. City Attorney Knaak has forwarded this information and will likely have a more formal written opinion by the time we meet on Thursday evening. M -04 -49 6 I FILED Jane F morroml. Court Admir, strWuon DISTRICT COURT STATE OF MINNESOTA $ 200 ANOKA TENTH JUDICIAL DISTRICT COUNTY OF .,o . r:�y yj CASE TYPE: CONDEMNATION In the Matter of Condemnation by the City of Fridley, VS. Fred Oreel, Petitioner /Appellant, Respondent/Appellee- ORDER CONFIRMING JURY VERDICT, ORDER FOR JUDGMENT Court File No.: C4 -98 -7564 The above - captioned matter came on for jury trial before the Honorable Daniel M. Kammeyer, Judge of District Court, at the Anoka County Courthouse, Anoka, Minnesota, on December 1 -5, 2003. Petitioner was represented by Frederic W. Knaak, Esq., Knaak & Kantrud, P.A., 3500 Willow Lake Road, Suite 800, St. Paul, Minnesota 55110. Respondent was represented by Barry A. Sullivan, Esq., 2140 Fourth Avenue North, Anoka, Minnesota 55303. The verdict of the jury Was received and read in to the record on December 5, 2003, at a.m. /p.m. The jury awarded Respondent $40,600.00 damages for the direct taking and $O for severance for a total award of $40,600.00. Respondent is entitled to interest on the amount awarded payable from the date of taking, November 23, 1998, and payable at the statutory judgment interest rate pursuant to Minn. Stat. § 549.09 (2002). -1- Interest is payable until the. date of U v I not be subject to a "prevailing party" consideration. Pursuant to Rule 58.01, the entry of judgment shall not be. delayed for the taxation of such costs and their omission herein shall not aff ect the finality of the judgment. 2. The Court Administrator is directed to. enter judgment that Petitioner Py 6, 83a• °3 • �.n,�l�. shall recover from Respondent the amount of . ENTRY OF JUDGMENT SHALL BE STAYED FOR A .PERIOD OF 30 DAYS FROM THE DATE HEREOF. Dated: /lai-/P), BY THE COURT: Do. V% KA V0, Daniel M. Kammeyer Judge of District Court -3- 2 The City says it sent a second check at the same time "for interest, calculated daily, from September 5, 2002, through today [December 30, 20021" (Exhibit 1 to City Attorney Knaak's Affidavit). According to the City, the "second check was for interest upon the [$54,540] because the City failed to pay Mr. Oreel by September 5th, 2002" (City's Post -Trial Memorandum,'p.1). But the City doesn't tell us the amount of that second check Nor does the City factor that second check (whatever its amount) into its calculations. And respondent Oreel never mentions that alleged second check in his post verdict submissions. Accordingly, we have simply ignored that alleged second check in the Order for Judgment. [c] Last. Day for Interest Calculations : The City says that interest on the $40,600 should be calculated through 9/5/02*— but doesn't tell us why that 9/5/02 date should be the last day,for the calculations. Respondent Oreel says the interest should be calculated through 12/31/02, the day he received the $54,540 check from the City. In the Order for Judgment, we used respondent Oreel's proposed last day for the calculations, 12/31 /02. Asa result, the number of interest bearing days shown in the Appendix for 2002 differ: 365 by Oreel and the Court, 248 by the City. [d] The Mathematical Computation : Once the parties start the actual number - crunching, they arrive at different interest totals ($7,103.81 by the City, $7,008.24 by respondent Oreel). That discrepancy between the parties' respective interest totals is attributable, in part of course, to their using two different days for the "day of taking„ and two different days for the "last day for interest calculations ", as described above. But that discrepancy is also attributable, in part, to the fact that they use two different mathematical methods for calculating the interest. Here's the difference in a nutshell : We know the method the City uses because, in its written submissions, the City spells out that method, including a very precise derivation of the "Daily Amount of Interest." (We briefly explain the City's method -- including how it derived the Daily Amount of Interest -- in the text immediately under the Appendix Tables). But we do not know the method respondent Oreel used, because he doesn't tell us in his written submissions. More specifically, he doesn't tell us if he used a "Daily Amount of Interest" and, if so, what that amount might be. (Accordingly, in the Appendix, there are "blanks" in Oreel's Table under the column for "Daily Rate of Interest"). Because we know exactly how the City calculated the interest and because that method has nitty- gritty precision, we adopt it Using the City's method, we come up with an amount of interest ($7,107.97) that is only a few scant dollars more than the City's figure ($7,103.81). [e] Amount of the Refund Owing to the f& : Both parties agree, in their calculations before taking into account any potential award of costs and disbursements to respondent Oreel, that it's the City I e ' e 4 Accordingly, the Court has not included that City - proposed interest provision in the Order for Judgment. In connection with the post -trial motions (if any), the City can essentially renew its request for interest on the $6,836.19 refund. If that renewed request is persuasive, the Final Judgment can easily be amended to make allowance for an award of such interest to the City. (2) Award of Costs, Disbursements, Appraisal Fees, and Expert Witness Fees Both sides agree that the CU is not entitled to an award of any of its costs, disbursements, and expert witness fees. But, in his proposed Order for Judgment, respondent Oreel includes a provision that he be awarded "his reasonable costs, disbursements, expert witness fees and appraisal fees" (hereinafter referred to as "litigation expenses'). The City opposes any such provision. This also appears to be an issue of first impression, 'namely : whether in a condemnation proceeding an owner, who (as in this case) winds up having to "refund" money to the condemnor, is still entitled to recover his litigation expenses. In their post - verdict submissions, the parties have vigorously argued both sides of that issue, to their own respective advantage. Most of that argumentation by the parties focuses on whether a Minnesota Supreme Court decision applies to our case and, if so, how that decision should be implemented in our scenario where the owner has to refund money to the condemnor. See : In the Matter of Condemnation by the Minneapolis Community Development Agency, 447 N.W.2d 891 (1990). Here's how the Court has handled that issue of respondent Oreel's litigation expenses in the Order for Judgment and how the Court envisions that issue being handled hereafter in the post- verdict motion process : In the first instance, we have included in the Order for Judgment Oreel's proposed provision entitling him to an award of his litigation expenses -- at least on a threshold basis. That provision will simply afford Oreel the opportunity to apply to the Court Administrator for "taxation" (allowance) of those litigation expenses. The Court Administrator is hereby directed to treat that application for taxation as she would in any kind of case, approving or disapproving the various line -items of litigation expenses applied for by Oreel. In other words, the Court Administrator will make her approve /disapprove determinations without regard to whether Oreel actually has threshold legal entitlement to an award of his litigation expenses in the fast place. Either side can then "appeal" the Court Administrator's taxation of those litigation expenses to the trial judge (myself), probably as part of the larger post- verdict motion .. Once the issue of litigation expenses is before me on that "appeal ", I can then resolve that first- impression issue of whether Oreel has threshold legal entitlement to an award of his litigation expenses in RESPONDENT OREEL PETITIONER CITY THE COURT C. APPENDIX : Interest Calculations By The City, The Respondent, and The Court — Calculated Daily on the $40,600 Jury Award YEAR ANNUAL% DAILY NUMBER YEARLY RATE OF AMOUNT OF OF DAYS AMOUNT OF INTEREST INTEREST INTEREST 1998 5% $5.55814 38 $208.41 1999 4% $4.44570 365 $1,600.00 2000 5% $5.55814 365 $2,000.00 2001 6% $6.67058 365 $2,400.00 2002 1 2% $2.22082 365 $800.00 $7,008.24 1998 5% $5.55814 84 $466.88 1999 4% $4.44570 365 $1,622.68 2000 5% $5.55814 365 $2,028.72 2001 6% $6.67058 365 $2,434.76 2002 2% $2.22082 1 248 $550.76 $7,103.81 1998 5% $5.55814 38 $211.21 1999 4% $4.44570 365 $1,622.68 2000 5% $5.55814 365 $2,028.72 2001 6% $6.67058 365 $2,434.76 2002 2% 1 $2.22082 365 $810.60 $7,107.97 TOTAL TOTAL TOTAL The parties agree that the "Annual % Rate of Interest" is the rate for any given year under Minn. Stat. § 549.09, subd. 1(c), that is : the statutory rate of interest on judgments set each year by the State Court Administrator. For example, the Annual % Rate of Interest set by the State Court Administrator for 2001 was 6 %. The Court adopts the method used by the City for calculating the `Daily Amount of Interest. " The City's method consists of : (1) First determining the daily rate of interest, and (2) then applying that daily rate against the $40,600 jury award. For example, in 200.1 : (1) the 6% annual rate for that year is divided by 365 days to reach the daily rate of .0001643% for that year, and (2) then that daily rate of .0001643% is applied against the $40,600 jury award to reach the $6.67058 daily amount of interest for 2001. The Court also adopts the method used by the City for calculating the "Yearly Amount of interest", namely: multiplying the daily amount of interest by the number of interest bearing days in that year. For example, in 2001, the daily amount of interest ($6.67058) multiplied by the 365 interest-bearing days in that year results in the Yearly Amount of Interest for 2001 of $2,434.76. r COMMUNITY DEVELOPMENT W. DEPARTMENT n HOUSING DIVISION Memorandum DATE: March 26, 2004 TO: William W. Burns, HRA Executive Director FROM: Scott J. Hickok, Community Development Director Grant E. Fernelius, Assistant HRA Director SUBJECT: Follow -up on Housing Program Discussion Introduction This item was scheduled for follow -up discussion at the March 4, 2004, meeting, but was tabled. As you recall, at the February 5, 2004 meeting the HRA approved a number of changes to the housing loan programs. These changes included a reduction in the interest rate and an increase in the maximum income limit. During the discussion several questions were raised about the median income figures for the metro area, Anoka County and Fridley. Data The income limits used for the Authority's loan programs are based on guidelines established by the Minnesota Housing Finance Agency (MHFA). MHFA, in turn, relies on data provided by the U.S. Department of Housing and Urban Development (HUD). In general, the income data used by HUD is compiled from the most recent decennial census (2000 census) and the U.S. Bureau of Labor Statistics. HUD updates annual family income data for each state and statistical area (e.g. Twin Cities Metropolitan Area) in the country. However, income data for sub - regions, including counties and cities, is not updated annually. For example, the data for Fridley and Anoka County are based on the 2000 census, which reflects income estimates as of mid -1999; now almost 5 years old. It is for this reason that MHFA uses metro and non -metro family income thresholds, rather than city - specific data that is only updated once every ten years. Income Information Median income data for families are shown on the next page. As described earlier, median income data are not available on an annual basis at the county or city level. Housing Program Follow -Up March 26, 2004 Page 2 Area 2003 1999 Twin Cities Metropolitan Area 75,300 65,665 64,261 Anoka County n/a n/a 55,381 Fridley We hope that this information is helpful in understanding the rationale behind the housing loan program changes. No action is needed by the Authority at this time. M -04 -50 COMMUNITY DEVELOPMENT _G DEPARTMENT HOUSING DIVISION Memorandum DATE: March 26, 2004 TO: William W. Burns, HRA Executive Director 1 f/ FROM: Scott J. Hickok, Community Development Director Grant E. Fernelius, Assistant HRA Director SUBJECT: City Council and Commission Conference Session On Monday, May 17"', a joint conference session will be held with the City Council, HRA, Parks and Recreation and Charter Commissions to review the results of the 2004, Council- Commission Survey. Among the topics that will be covered are 1) future redevelopment strategies; 2) revisions to the housing chapter of the Comprehensive Plan; and 3) the University Avenue fence. Additional details will be provided at the May 6t', HRA meeting. No action is needed by the Authority at this time. M -04 -51 °� �ls�lCL �t CvSgtc,7✓1 . E Memo to: The HRA � From: William W. Burns, HRA Director 40 Subject: Council - Commission Survey Report Date: March 26, 2004 Here's my report on the 2004 Council - Commission Survey results. If you have questions, please call me. My plan is to devote Council's April 19 and May 17 conference meetings to discussions of the survey results. The HRA is cordially invited to the meeting on May 17 in the lower level meeting rooms. I have you scheduled with the Charter Commission and the Parks and Recreation Commission. The meetings will start at 7:00 p.m. I hope that all of you can be there to share your views on these very important issues. Thanks for completing the survey. Question I - Replacement of the Aerial There were thirty-two responses to this question. Twenty -three agreed with the recommendation to replace the Fire Department's aerial truck in 2006. Eleven disagreed with the recommendation. Several of those opposed to the recommendation indicated that they felt that the number of fires requiring the aerial together with increasing use of mutual aid made the purchase unnecessary. One respondent opined that those who owned tall buildings should pay for the equipment through a special assessment. Question 2 -Additional Firefighter Among the thirty -four respondents, seventeen indicated that we should not use federal grant funding to hire an additional firefighter. Seventeen believed that we should. A few of those opposed offered comments. One respondent felt that it was unwise to hire more firefighters at a time when we were laying off other employees. Another felt we should rely on the paid -on -call firefighters and also had no problems with our Fire Department managers taking emergency calls. Question 3 - Senior Companion Program Twenty of the thirty -four respondents to this question would have the City relying on grant money, fundraisers and other charitable contributions to fund the Senior Companion Program. Only thirteen of the respondents would continue the Senior Companion Program at City expense. One respondent pointed out that since Fridley is an aging community, the $5,000 for the Senior Companion Program was a small price tag and presumably one that we should to pay. Question 4 - Parks Capital Funding Level Opinions were evenly divided among the respondents to this question on parks capital improvement financing. Seventeen respondents indicated that we should scale back our annual parks capital improvements as a result of lost Local Government Aid and generally declining local government revenues. These same individuals believed that we should rely on the existing park - related revenues such as those made available through park dedication fees and interest revenues. Seventeen respondents believed that the Parks Capital Improvement Fund should be allocated additional money for needed park improvements. Two of the respondents added notes indicating that additional property taxes should be approved through a referendum Question S - Off Leash Dog Park This question pointed out that Anoka County was considering the establishment of an off -leash dog park at one of Fridley's County Parks. While one of the respondents did not care, sixteen thought the park was a good idea; seventeen indicated it was not a good idea. One respondent added a note indicating that he /she had purchased a Minneapolis permit for his/her dog and believed that it would be nice to have this amenity in Fridley. Question 6 - 2:00 a.m. Bar Closing Opinion on this issue was diverse and spread widely among the choices. Ten of the respondents would hold off on allowing 2:00 a.m. bar closings until we have more accident and DUI data from other cities. Eight respondents would extend the hours unconditionally to insure that Fridley bars and restaurants remain competitive. Seven respondents indicated that they would not extend the hours under any conditions. Six indicated that we should continue to study the impacts of 2:00 a.m. bar closing while allowing it on special nights, such as New Year's Eve and the night before Thanksgiving. Three chose their own option. Of these three, two would extend the hours conditionally with the understanding that the issue would be revisited after a trial period. One would allow the extended closing, but would sunset the ordinance. Question 7 - Redevelopment Strategies In this question, we pointed out that the HRA has reserves, but not a very plentiful revenue stream for redevelopment. Respondents were asked how we should approach redevelopment in view of this situation. Thirteen respondents would continue housing rehabilitation and scattered site housing programs, but save the remainder of reserves until we accumulated enough money to accomplish top redevelopment priorities. Five respondents would use all of the reserves to leverage private sector development and redevelopment. Six would use reserves to leverage grant money for projects that accomplish some public good. Four would use the reserves to leverage redevelopment of aging apartment buildings. Six respondents crafted unique responses. One asked that we revisit the priority list before making a decision on funding. Another respondent said that he /she would keep some reserves to take advantage of opportunities that become available. One other person liked A, but suggested that spending reserves depended on "what other issues arise." Question 8 - Comprehensive Plan Revision The prologue to this question points out that the City's Comprehensive Plan has come under increasing fire as we have considered various development proposals during the last two years. In view of this demand for revision of the Comprehensive Plan, you were asked to agree or disagree with several statements about how this planning process should occur. The first statement asserted that we should schedule a process for amending only the housing section of the Comprehensive Plan. Twenty -two responded. Eleven agreed; eleven disagreed. The next statement said that the process should be accompanied by careful analysis of Fridley's housing composition and how this existing mix met the current and future needs of the community. Twenty -five respondents agreed with this statement. One disagreed. The third statement asserted that the Comprehensive Plan amendment process should be conducted in a manner that maintains Fridley's compliance with the Metropolitan Livable Communities Act, the Fair Housing Act and other relevant laws and statutes. Twenty -one agreed with this statement. Two disagreed. PA The fourth statement provided that while the comprehensive planning process should welcome neighborhood input, it should be based on community -wide needs as reflected in the comments of a broad cross section of the City's population. Twenty -three respondents agreed with this statement. Four disagreed. Finally, we stated that although the process for amending the Comprehensive Plan should be moved along expeditiously, it should be done carefully and carried out within a time frame that allows sufficient research, public education and public discussion. Twenty -six respondents agreed; no one disagreed. The bottom line is that there is near agreement on all of the statements except the first one. As we discuss this on April 19 and May 17, it will be interesting to ask whether the opposition was to amending the housing section of the plan separate from the entire plan or whether it reflected a desire not to get into the comprehensive planning process at all until we are required to do it several years down the road. Question 9 - University Avenue Fence Twenty -three of the respondents liked the idea of the alternate bid for the East University Avenue Service Drive fencing (between 61 sr Avenue and Mississippi Street) in 2004. Six respondents disagreed. Twenty -one respondents also agreed that we should erect a 4' high decorative fence along the East University Avenue Service Drive south of 61' Avenue as part of the 2005 street improvement project. Seven respondents disagreed. Twenty -one respondents supported the idea of constructing a combination of decorative fencing and hedges on the west side of University Avenue between Burger King and 61 ' Avenue as part of the Gateway West project. Nine respondents disagreed with this concept. Fifteen respondents supported constructing a combination of decorative fencing and hedges along the west side of University Avenue between 61 st Avenue and the Rottlund project in 2006. Fourteen respondents disagreed. There were numerous written comments attached to this question. One respondent, for example, supported each of the four projects with the condition that there should be partial State funding for each segment. While one other respondent hates fences, she/he would be more inclined to support decorative fencing if it did not include arborvitae and the maintenance cost associated with it. Another respondent seems supportive of the decorative fences, but objects to assessing the commercial/religious entities on the east side while not assessing any of the residential property owners on the east side. He /she would not assess anyone. 3 Question 10 - Strategies for Budget Cutting This question recognizes another $649,000 loss in LGA for 2005 and points out that there will be pressures to restore both personnel and equipment that were cut in prior years as we prepare the 2005 budget. In view of these losses and pressures, the question asks that the respondent select an expenditure - cutting strategy. Fifteen respondents would make all cuts based on prioritization of City programs and services. Fourteen others would start with an across- the -board reduction in each department, with the remainder of the cuts based on prioritization of programs and services. Two respondents would ask each department to take the same percentage cut in their budgets. Two respondents crafted their own solutions. One of these would ask employees to take a 10% salary cut, pay for more of their benefits and take unpaid time off. Firefighters and Police Patrol would be exempt. The other respondent would ask for an across- the -board reduction in each department except for essential services, and would require, for example, two weeks of unpaid vacation for all departments. Question 11- Charter Restrictions on Utility Rates The question points out that the Charter indexes utility rates to the rate of inflation and asks whether or not a Charter change is desirable. Twenty -four respondents believe that these restrictions should be lifted from the City Charter. Six respondents believe that the Charter restrictions on utility rate increases should be maintained. Two respondents would leave the restrictions alone and use reserves to pay for utility deficits before asking the voters for rate changes. Two others crafted their own responses. One would lift the Charter restrictions, but limit increases to actual cost increases. The other would seek voter approval of the Charter amendment. n Fridley Housing and Redevelopment Authority Monthly Housing Report April 1, 2004 Meeting Report Loan Origination Report Loan Servicing Report Remodeling Advisor Report Operation Insulation Report Notes: Summary of Reports Description Summary of all loan activity through March 26, 2004. Report not yet available for March 2004 *. Summary of all Remodeling Advisor visits through March 26, 2004. Summary of all Operation Insulation appointments through March 26, 2004. The Loan Servicing Report is prepared by Community Reinvestment Fund (CRF) and is usually mailed out 7 to 10 business days after the month end. Loan Origination Report March 2004 Loan I Grant Originations This Previous Month Months YTD Loans Issued 2 3 5 Grants Issued Funding . Total 2 3 # of Projects 5 Bathroom remodel _ This Previous 1 13% General plumbing _ Month Months 1 YTD Fridley HRA $ 37,255 $ 17,306 $ 54,561 MHFA $ 18,595 $ 30,655 $ 49,250 Met Council $ - $ _ $ _ CDBG/HOME $ - $ _ $ _ CEE $ _ $ _ $ _ Other $ _ $ $ Improved Types of Units Total $ 55,850 $ 47,961 $ 103,811 This Previous Month Months YTD Single Family 2 3 5 Duplex Tri -Plex 4 to 9 Units 10 to 20 Units 20+ Units Total Types .. 2 3 5 Interior # of Projects %. of Total Bathroom remodel _ poi, Kitchen remodel 1 13% General plumbing _ poi, Heating system 1 13% Electrical system - 0% Basement finish _ poi, Insulation _ 0% Room addition 2 25 %, Misc. interior projects _ polo Exterior Siding/Fascia/Soffit _ 0% Roofing - 0% Windows/Doors 1 13% Garage _ poi, Driveway /sidewalk 1 13% Landscaping 1 13 %, Misc. exterior projects 1 13% Monthly Housing Report (April 2004 HRA Mtg).xls Loan Origination 3/29/2004 Pi Loan Servicing Report March 2004 Servicing Monthly Report Pool Pool Pool Pool Deferred Installment Installment Deferred Loans Loans Loans Loans Total Principal Paid Interest Paid - - Total Payments Rec'd - - Ending Principal Balance - - Loans in Portfolio - - Monthly Servicing Fees $ _ NET FUNDS RECEIVED $ _ Delinquency Report % of Delinquent Delinquent Delinquent Delinquent Time Frame Loans Payments Principal Principal 1 to 30 days Late - $ - $ - 0.00% 31 to 60 Days Late - $ - $ - 0.00% Over 60 Days Late - $ - $ - 0.00% Total - $ - $ - 0.00% Monthly Housing Report (April 2004 HRA Mtg).xls Loan Servicing 3/23/2004 Remodeling Advisor and Operation Insulation March 2004 Remodeling Advisor Program Description A free service available to all Fridley homeowners. Program is administered by the Center for Energy and Environment (CEE) on behalf of the Fridley HRA. Services include a in -home consulation, free remodeling advice, referrals to financing programs and building code information. Remodeling advisor appointments can be made by calling 612- 335 -5874. Appointments in March 2004 3 Appointments Previous Months 5 Appointments Y -T -D 8 Operation Insulation Pro-gram Description A fee - for - service program available to all Fridley homeowners. Program is administered by the Center for Energy and Environment (CEE) on behalf of the Fridley HRA. Service includes in -home energy audit, recommendations on ways to improve weather- stripping, insulation, ventilation and related indoor air quality. As an added incentive homeowners can receive the audit at not cost if they make the recommended improve- ments. Appointments can be made by calling 612- 335 -5877. Appointments in March 2004 Appointments Previous Months Appointments Y -T -D Energy Improvement Projects Notes: * Report not available for March 2004. ** Projects completed in connection with a previous energy audit. Monthly Housing Report (April 2004 HRA Mtg).xls R.A. - O.I. 3/29/2004 2 2 **