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HRA 02/03/2005 - 6198T CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING Thursday, February 3, 2005, 7:30 P.M. AGENDA LOCATION: Council Chambers (upper level) CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: January 6, 2005 CONSENT AGENDA: Consider Claims & Expenses ............................................................ ..............................1 ACTION: Contract for Services — Agreement between HRA & City ......................... ..............................2 INFORMATION ITEMS: HRAInsurance ............................................................................... ..............................3 Updateon Gateway West ................................................................................... ............................... 4 Updateon CDBG ............................................................................ ..............................5 MonthlyHousing Report .................................................................... ..............................6 ADJOURNMENT: COMMUNITY DEVELOPMENT t DEPARTMENT DEVELOPMENT DIRECTOR Memorandum DATE: January 28, 2005 TO: William W. Burns, Executive Director of the Housing and Redevelopment Authority FROM: Scott Hickok, Community Development Director SUBJECT: Contract for Staff Services Introduction At the HRA's meeting in early January, they reviewed the contract written and signed between the City and the HRA in 1979. After looking closely at the language and suggested modifications by staff, the HRA determined that additional modifications would be necessary. Questions raised could be categorized in 4 broad categories. These were: ■ 5% additional fee above cost of services provided; ■ Insurance coverage under the liability for injury or Damage clause; ■ Gender construction of language; and ■ Language regarding replacement of the Executive Director All necessary changes have been made to address the concerns in these 4 areas. Both a marked -up copy and a revised clean copy have been included in your packet for your convenience. You may note that beyond the final marked up copy, staff further refined some of the language to help improve contract readability. If the Authority is comfortable with the revised language, the clean copy can be used as a contract approval exhibit and the original will be available for signatures. Staff Recommendation Staff recommends that the HRA review the contract for Staff services with the suggested modifications and approve as submitted. M -05 -08 l CONTRACT FOR STAFF - SERVICES FOR THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY THIS AGREEMENT, entered into this day of , 2005, by and between the City of Fridley, a municipal corporation, hereinafter referred to as City, and the Fridley Housing and Redevelopment Authority, a public corporation organized under the laws of the State of Minnesota, hereinafter referred to as Authority. WHEREAS, the Authority desires to engage the City to provide staffing for the activities and projects. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein set forth, the Authority and the City hereby agree as follows: 1. Scope of Services to be Supplied by the City: The City shall furnish to the Authority all necessary services required by the Authority and as called for by the Authority, including but not limited to, furnishing the services of an Executive Director, Assistant Executive Director, Finance Director, Engineering Staff, Planning Staff, Attorney, Secretary, and related supplies and contractual services referred to below as supplies and contractual services. a. The Executive Director shall be the City Manager or a person designated by the City Manager. He /she shall have responsibility for the general supervision of the projects of the Authority and supervision of the personnel of the City who are to furnish services to the Authority pursuant to this agreement. He /she shall perform, or have performed, such activities as the Authority shall from time to time reasonably request. He /she shall be responsible for the care and custody of all funds of the Authority and for the deposit thereof in the name of the Authority in such bank or banks as the Authority from time to time shall designate; for the keeping of regular books of accounts showing receipts and expenditures; for budget and budgeting activities; for rendering to the Authority, as requested by the Authority, an account of the income and expenses of the Authority; and for rendering such additional financial and other reports as the Authority from time to time shall request. b. The Assistant Executive Director shall be that person designated by the Executive Director and approved by the Authority. He /she shall perform all duties required by the Executive Director, including, but not limited to, the following: coordinating and supervising all aspects of the planning and redevelopment of projects of the Authority, including work of and between consultants, contractors, and other employees of the City who are to provide services to the Authority pursuant to this agreement; supervising and coordinating with, answering, and acting on requests of, and meeting with representatives of other units of government; meeting with and counseling local community groups and residents; keeping of the records of the Authority; keeping the seal of the Authority; and all other duties properly and reasonably requested by the Executive Director. C. The Finance Director shall be the City Finance Director, and shall perform all duties required by the Executive Director, including, but not limited to, the following: preparation and maintenance of all financial books and records, and supervision of the disbursements of funds; preparation of periodic reports reflecting income and expenditures; internal audits, and other checks and revisions of the financial status of projects; maintenance of all payroll, related accounts, including documentation of amounts to be billed under the terms of this contract and all other duties necessary to the financial administration of the Authority and its projects. d. The Engineering Staff shall consist of the City Engineer and his /her staff, and shall perform all duties required by the Executive Director, including, but not limited to, the following: all engineering work necessary to the timely and successful completion of all work needed in connection with Authority projects and not contracted for by the Authority with other engineering consultants or contractors; coordination of all engineering work; public works recommendations; review of plans and specifications for project improvements prepared or submitted by consultants or contractors; preparation of plans and specifications for all public improvement projects; and review and recommendation on all plans as they may relate to streets, highways, sidewalks, alleys, utility services, and construction techniques. e. The Planning Staff shall consist of the Community Development Director and his /her staff, it shall perform all duties required by him /her, including but not limited to, the following: all planning work necessary to the timely and successful completion of all Authority projects; coordination of all planning work; and review and recommendation on all plans as they relate to land use, land controls, and other general planning activities. f. The Attorney shall be hired by the Executive Director and shall perform all duties required of him /her, including but not limited to, the following: all legal work necessary to the timely and successful completion of the projects of the Authority; drafting and reviewing contracts; rendering legal advice and opinions on matters relating to the projects when required by the Authority; attending meetings of the Authority; and assuring that their activities in relation to the projects are in conformance with local, State and Federal Law. g. The Secretary shall be any one of the secretaries made available from time to time by the Executive Director for use by the Authority from the personnel of Fridley and shall perform all duties required of the position, including but not limited to, the following: administrative tasks for any of the Authority's administrative staff; taking minutes and keeping records of meetings of the Authority, public hearings, and staff meetings as required by the Executive Director; and any other secretarial work necessary to the timely and successful completion of the Authority's projects, as required by the Executive Director. h. Supplies and Contractual Services shall include office space, postage and office supplies, telephones, reproduction equipment, car expense, travel expenses, and such other items as from time to time may reasonably and properly be needed by the Authority and as the City may then agree to provide. 2. Payment. The Authority shall pay the City for services provided to it by City employees. This payment shall be based on a pro rata share of the actual cost of wages and benefits for these employees. The Authority shall also reimburse the City for supplies; other services and charges; capital outlay; and debt service expenditures made on behalf of the Authority. 3. General Provisions. A. Any of the work product, drawings, designs, applications, and other materials prepared by the professional and clerical staff for the Authority shall remain the property of the Authority. B. The City shall make available to members of the Authority staff as appointed by the City Manager pursuant to this agreement reasonable space for the performance of their work. Such reasonable space shall include the use of computers and equipment of the City and filing cabinets. C. Liability for Injury or Damage. It shall be the responsibility of the City to ensure that any insurance policies and worker's compensation policies provide coverage for the professional and clerical staff and commissioners when doing work for the Authority. D. Amendments. This agreement may be amended or modified at any time by written agreement between the parties hereto. Such amendment or modification may be made by either party by giving two weeks (14 days) written notice to the other party of the intended modification. When accepted by the other party, the amendment or modification shall become binding as if a part of this agreement. E. Minnesota Law to Govern. This agreement shall be governed by the laws of the State of Minnesota. F. Term of Agreement. The term of this agreement shall be perpetual. G. Entire Agreement. This agreement, when executed, shall be the entire agreement between the parties for the sharing of services and equipment. H. Replacement of the Executive Director. In the event the Authority is not satisfied with a person appointed by the City Manager as Executive Director as provided for in Section 1 a. of this agreement, it may request that the City Manager replace the Executive Director. The City Manager shall provide a thirty (30) day written notice of termination, to the Executive Director, at such time as the Authority deems a replacement of said personnel is necessary. I. Replacement of the Assistant Executive Director. In the event the Authority is not satisfied with service of the Assistant Executive Director, it may request that the Executive Director replace the Assistant Executive Director serving the Authority. The Executive Director shall provide a thirty (30) day written notice of termination to the Assistant Executive Director, at such time as the Authority deems a replacement of said personnel is necessary. The Authority or City may cancel this agreement, by giving written notice to the City Manager at least (90) days before such action is to be taken. IN WITNESS WHEREOF, the City and the Authority have executed this agreement this day of , 2005. Fridley Housing and Redevelopment Authority Its Chairperson AND Its Executive Director CITY OF FRIDLEY By: Its Mayor AND Its Manager CORRECTION KEY X Original Document X Original Modifications Based on Staff /Attorney Review X Enhanced Modification based on HRA Input X Gay Greiter's most recent revisions CONTRACT FOR STAFF - SERVICES FOR THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY THIS AGREEMENT, entered into this day of , 2005, by and between the City of Fridley, a municipal corporation, hereinafter referred to as City, and the Fridley Housing and Redevelopment Authority, a public corporation organized under the laws of the State of Minnesota, hereinafter referred to as Authority. WHEREAS, the Authority desires to engage the City to render certain technical advice and assistance in connection with the activities and projects of the Authority. NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein set forth, the Authority and the City hereby agree as follows: 1. Scope of Services to be Supplied by the City: The City shall furnish to the Authority all necessary services required by the Authority and as called for by the Authority, including but not limited to, furnishing the services of an Executive Director, Assistant Executive Director, Finance Director, Engineering Staff, Planning Staff, Attorney, and Secretary (all hereinafter called "Services "), and related equipment as below described and referred to (all hereinafter called "Equipment "). a. The Executive Director shall be the City Manager or a person designated by the City Manager. He /she shall have responsibility for the general supervision of the projects of the Authority and supervision of the personnel of the City who are to furnish services to the Authority pursuant to this agreement. He /she shall perform, or have performed, such activities as the Authority shall from time to time reasonably request. He /she shall be responsible for the care and custody of all funds of the Authority and for the deposit thereof in the name of the Authority in such bank or banks as the Authority from time to time shall designate; for the keeping of regular books of accounts showing receipts and expenditures; for budget and budgeting activities; for rendering to the Authority, as requested by the Authority, of an account of the income and expenses of the Authority; and for rendering such additional financial and other reports as the Authority from time to time shall request. b. The Assistant Executive Director shall be that person designated by the Executive Director and approved by the Authority. He /she shall perform all duties required by the Executive Director, including, but not limited to, the following: coordinating and supervising all aspects of the planning and redevelopment of projects of the Authority, including work of and between consultants, contractors, and other employees of the City who are to provide services to the Authority pursuant to this agreement; supervising and coordinating with, answering, and acting on requests of, and meeting with representatives of other units of government; meeting with and counseling local community groups and residents; keeping of the records of the Authority; keeping the seal of the Authority; and all other duties properly and reasonably requested by the Executive Director. C. The Finance Director shall be the City Finance Director, of Fr,a;ey, and shall perform all duties required by the Executive Director, including, but not limited to, the following: Preparation and maintenance of all financial books and records, and supervision of the disbursements of funds; preparation of periodic reports reflecting income and expenditures; internal audits, and other checks and revisions of the financial status of projects; maintenance of all payroll, related accounts, including documentation of amounts to be billed under the terms of this contract, and all other duties necessary to the financial administration of the Authority and its projects. d. The Engineering Staff shall consist of the City Engineer of Fridley and their his staff, and shall perform all duties required by the Executive Director, including, but not limited to, the following: All engineering work necessary to the timely and successful completion of all work needed in connection with Authority projects and not contracted for by the Authority with other engineering consultants or contractors; coordination of all engineering work; public works recommendations; review of plans and specifications for project improvements prepared or submitted by consultants or contractors; preparation of plans and specifications for all public improvement projects; and review and recommendation on all plans as they may relate to streets, highways, sidewalks, alleys, utility services, and construction techniques. e. The Planning Staff shall consist of the City Planning Staff Of FFidle , and it shall perform all duties required by the Executive Director, including but not limited to, the following: All planning work necessary to the timely and successful completion of all Authority projects; coordination of all planning work; and review and recommendation on all plans as they relate to land use, land controls, and other general planning activities. f. The Attorney shall be the Attorney of the €fidley Authority, and he /she their #is assistants, and shall perform all duties required by the Executive Director, DiFestoF including but not limited to, the following: All legal work necessary to the timely and successful completion of the projects of the Authority; drafting and reviewing contracts; rendering legal advice and opinions on matters relating to the projects, —when required by the Authority; attending meetings of the Authority; and assuring that their activities in relation to the projects ast+vlties are in conformance with local, State and Federal Law. g. The Secretary shall be any one of the secretaries made available from time to time by the Executive Director for use of by the Authority from the personnel of Fridley and shall perform all duties required of the position, including but not limited to, the following: administrative tasks for any of the Authority's administrative staff; taking minutes and keeping records of meetings of the Authority, public hearings, and staff meetings as required by the D*FesteFef Executive Director; and any other secretarial work necessary to the timely and successful completion of the Authority's projects, as required by the hector of Executive Director. h. Equipment shall include office space, supplying of normal daily business postage and office supplies, use of telephone and telegmph and reproduction equipment, car expense, travel expense, and such other items as from time to time may reasonably and properly be needed by the Authority and as €Fidley the City may then agree to provide. 2. Payment. The Authority shall pay to the City for services provided hereunder its pro rata share of the actual cost of wages and benefits thereon of employees furnished by the City and such other costs as office supplies, sundry materials, photocopy and printing charges, and vehicle charges, all to be paid for by the Authority at the City's cost plus space and occupancy charges at the currently prevailing rate and also further plus use charges for office furniture and equipment based on a reasonable depreciation schedule. 0 3. General Provisions. A. Any of the work product, drawings, designs, applications, and other materials prepared by the professional and clerical staff OR for the Authority shall remain the property of the Authority. B. The City shall make available to members of the Authority staff as appointed by the City Manager pursuant to this agreement reasonable space for the performance of their work. Such reasonable space shall include the use of computers typewriters and equipment of the City and filing cabinets. C. Liability for Injury or Damage - - - - - --- -- - -. - -...__._, .- .. . -zl- .rry - -vr the AutheFity appointed pursuant to this agreement who in the peFfermanGe of work in ther, , It shall be the responsibility of the City, togetheF with the Auftdty, to ensure that any insurance policies and workmen's compensation policies provide coverage for the professional and clerical staff and commissioners when doing work for the Authority. D. Amendments. This agreement may be amended or modified at any time by written agreement between the parties hereto. Such amendment or modification may be made by either party by giving two weeks (14 days) written notice to the other party of the intended modification. When accepted by the other party, the amendment or modification shall become binding as if a part of this agreement. E. Minnesota Law to Govern. This agreement shall be governed by the laws of the State of Minnesota. F. Term of Agreement. The term of this agreement shall be perpetual. G. Entire Agreement. This agreement, when executed, shall be the entire agreement between the parties for the sharing of services and equipment. H. Saflselia#+er} Replacement of the Executive Director. OF Assestant In the event the Authority is not satisfied with service of the Executive Director AL the Assistant cwo , We D t , it may request that the City Manager, replace the Executive Director or Ac.smstant Exec +' serving the Authority. The City Manager shall provide a thirty (30) day written notice of termination, to the Executive Director, at such time as the Authority deems a replacement of said personnel is necessary. Replacement of the Assistant Executive Director. In the event the Authority is not satisfied with service of the Assistant Executive Director, it may request that the Executive Director City Managef replace the Assistant Executive Director serving the Authority. The Executive Director Gity Managef shall provide a thirty (30) day written notice of termination to the Assistant Executive Director, at such time as the Authority deems a replacement of said personnel is necessary. The Authority or City may cancel this agreement, by giving written notice to the City Manager at least (90) days before such action is to be taken. IN WITNESS WHEREOF, the City and the Authority have executed this agreement this day of , 2005. Fridley Housing and Redevelopment Authority By: Its Chairperson AND Its Executive Director CITY OF FRIDLEY By: Its Mayor AND Its Manager COMMUNITY DEVELOPMENT SUBJECT: HRA Insurance M -05 -7 At the January 6th Commission meeting, and in a follow -up letter from Chairman Commers, two questions were asked pertaining to insurance coverage for the HRA and its Commissioners. The specific questions regarded 1) the language in the contract for services (Is the HRA covered by the City's policy or not ?) and 2) the personal liability of HRA Commissioners (What type of claims could individual HRA Commissioners have exposure to that are not covered by the $300,000 municipal tort limits ?). The attached documents, a memorandum from Rick Pribyl and an e-mail from Tom Grundhoefer (representative for the City's insurance at the League of Minnesota Cities), address the questions and concerns that were raised both at the meeting and in the letter from Chairman Commers. The following summarizes the answers to these questions. 1) Is the HRA covered by the City's insurance? The Authority is covered by an endorsement to the City's policy. The confusing and wordy language that was in previous drafts of the contract for services section on liability has been simplified to state, "It shall be the responsibility of the City to ensure that any insurance policies and Workers Compensation policies provide coverage for the professional and clerical staff and commissioners when doing work for the Authority'. 2) What types of claims could individual HRA Commissioners have exposure to that are not covered by the $300,000 municipal tort limits? Claims that would not be covered by the tort limits, that could expose an individual member, include civil rights suits and inverse condemnation claims arising out of regulatory takings. Rick Pribyl, City H:\—Paul's Documents\HRA\HRA Agenda Items\2005\February 3, 2005\February2005HRA Memo (InsuranceUPdate).doc Finance Director, has indicated that the City and HRA have the resources to cover a loss that is in excess of the municipal tort limits, provided the Commissioner(s) were not acting outside of the scope of their duties, with malfeasance, willful neglect of duty or bad faith. H:\—Paul's Documents\HRA\HRA Agenda Items\2005\February 3, 2005\February2005HRA Memo (InsuranceUPdate).doc TO: WILLIAM W. BURNS, HRA EXECUTIVE DIRECTOR PAUL BOLIN, ASST. EXECUTIVE DIRECTOR FROM: RICHARD D. PRIBYL, FINANCE DIRECTOR PAUL EISENMENGER, HRA ACCOUNTANT RE: HRA INSURANCE COVERAGE DATE: January 14, 2005 RICHARD A PRIBYL FIIVANCEDIRECTOR Recently the Commission Members of the Housing Redevelopment Authority raised some insurance questions contained in the working agreement between the two agencies. One concern is regarding the liability coverage that is carried for the Authority. Another question was regarding some other terminology contained under "Liability for injury or Damage" portion of the working agreement. The Commission Members are each covered for actions that they make as a member of the Fridley Housing Redevelopment Authority under an endorsement to the City's insurance policy. The Housing Redevelopment Authority is specifically covered by the endorsement under the Municipal Liability coverage. I have attached to this memo a copy of the policy from this last policy period, 01/01104 to 01/01/05. We have yet to receive the 2005 policy but the same coverage is currently in effect for the Authority. In reviewing some past meetings, to which I was not in attendance, it seems as if there was a question on the following section of the contract that related to the employees covered under the contract. "The City does not assume any responsibility or liability for the acts or omissions of the officers, employees, or agents of the Authority appointed pursuant to this agreement who in the perfonnance of work for the Authority have done something which gives cause or rise to any claim for damage. In this regard, it shall be the responsibility of the City, together with the Authority, to ensure that any insurance policies and workmen's compensation policies provide coverage for the professional and clerical staff and commissioners when doing work for the Authority." The intent of this paragraph is to show that each City employee that is working for the HRA under the umbrella of this contract, is specifically covered under the endorsement of the HRA as an HRA employee. When working with the HRA under the terms of this contract, the employee's work would then be covered under the HRA endorsement and not under the policy of the City of Fridley. It also states that both the City and the HRA shall make sure that any work done under this contract will be covered under the insurance policy. City /HRA staff has spent a great deal of time making sure that the activities of the HRA Commission Members, HRA Staff, and HRA/City staff are covered for the activities in which they are involved in. RDP /me Attachment CM C .24450 y v Coverage is Provided by: THE LEAGUE OF MINNESOTA CITIES INSURANCE TRUST (Herein called LMCIT) L I-,. CITY: FRIDLEY, CITY OF Ca Item 2. COVERAGE PERIOD: One Year From: 01/01/04 To: 01/01/05 12:01 A.M. Standard Time at Mailing Address on Common Coverage Declarations Item 3. THE COVERED PARTY IS: CITY Item 4. COVERAGE PARTS: IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL THE TERMS OF THIS COVENANT, LMCIT AGREES WITH THE COVERED PARTY TO PROVIDE THE COVERAGE AS STATED IN THIS COVENANT, SUBJECT TO THE FOLLOWING LIMITS: EACH': OCCURRENCE LIMIT $ 1,000,00 PRODUCTS & COMPLETED OPERATIONS LIMIT $ 1,000,000 Annual Aggregate FAILURE TO SUPPLY CLAIM LIMIT EMF CLAIM LIMIT MOLD CLAIM LIMIT FIRE DAMAGE LIMIT $ 1,000,000 Annual Aggregate $ 1,500,000 Annual Aggregate $ 1,500,000 Annual Aggregate $ 50,000 Any One Fire MEDICAL AND RELATED EXPENSE LIMIT $ 1,000/$10,000 Any one Person /occurrence LIMITED POLLUTION LIABILITY CLAIM *$ 1,000,000 Per Sudden Occurrence/ LIMIT $1,000,000 Annual Aggregate LEAD OR ASBESTOS CLAIM LIMIT *$ 200,000 Per Claim /$200,000 Annual Aggregate LAND USE, DEVELOPMENT OR FRANCHISE LITIGATION LIMIT * *$ 1,000,000 Annual Aggregate *LIMIT includes damages, loss adjustment expense, defense costs and supplementary payments. * *LIMIT includes litigation costs. Item 5. MUNICIPAL LIABILITY DEDUCTIBLE: (Subject to General Annual Aggregate Deductible, if any, shown on Common Coverage Declarations) $ 50, 000 Per Occurrence Item 6. RETROACTIVE DATES: MUNICIPAL LIABILITY RETROACTIVE DATE: 01/01 /87 LIMITED POLLUTION LIABILITY CLAIM RETROACTIVE DATE: 01/01/89 LEAD OR ASBESTOS CLAIM RETROACTIVE DATE: 01/01/94 Item 7. ENDORSEMENTS ATTACHED TO THIS COVERAGE PART: C M C(1 1 -03) M EO 14(1 l -01) NGE066(11 =0 LMCIT DEC - 013(11 /86)(Rev.11/03) 1(01 -95 COMPREHENSIVE MUNICIPAL LIABILITY COVERAGE ® Coverage A Municipal Liability ❑ Coverage A Municipal Liability, but only for Bodily Injury, Property Damage or Personal Injury ❑ Coverage A Municipal Liability, except for Bodily Injury, Property Damage or Personal Injury ® Coverage B Medical and Related Expense ® Coverage C Automobile Liability — Bodily Injury and Property Damage ® Coverage D Land Use, Development or Franchise Litigation In consideration of the premium charged, it is understood and agreed that the Declarations and Section II - Who Is Covered are amended to include.,, HOUSING-AND REDEVELOPMENT AUTHORITY 3 for all coverage where o is X'd above. All other terms and conditions remain unchanged. LMCIT ME066(11/96) (Rev. 11/02) Page 1 of 1 Law Offices 1400 AT &T Tower 901 Marquette Avenue Minneapolis, MN 55402 -2859 Telephone: (612) 305 -1400 Facsimile: (612) 305 -1414 Paul Bolin Assistant HRA Director City of Fridley 6431 University Avenue Northeast Fridley, Minnesota 55432 AT'1O1t341 RAW s January 17, 2005 Re: Insurance Coverage for HRA Members Dear Paul: Lawrence R. Commers Attorney at Law (612) 305 -1410 Irc@mcmlaw.com Enclosed are copies of various correspondence I located regarding the insurance coverage issue raised at our January 6, 2005 meeting. I was unable to find a response to my last letter dated June 2, 1999. Very truly yours, M KALL, CR E & MOORE, PLC bi i Lawren . Commers Enclosures cc: William Burns, HRA Executive Director 1.RC /js #730994v 1 Certified as a Civil Trial Specialist by the Minnesota State Bar Association and the National Board of Trial Advocacy An American Bar Association Accredited Organization Law Offices 1400 AT &T Tower 901 Marquette Avenue Minneapolis, MN 55402 -2859 Telephone: (612) 305 -1400 Facsimile: (612) 305 -1414 Barb Dacy Community Development Director City of Fridley 6431 University Avenue NE Fridley, MN 55432 kl June 2, 1999 Re: Liability Insurance Coverage Dear Barb: Lawrence R Commers Attorney at Law 612- 305 -1410 lrc @mcmlaw.com Thank you for the memo from Thomas Grundhoefer on the liability of HRA members. I have always understood the liability to be as he states with the limitations. The question is of our personal exposure related to those areas in which the statutory limitations do not apply. When we had the Satelite Lane Apartment issue with the tenants, it was my understanding that their civil rights suit was not limited by the $600,000 statutory limitation. Therefore, if there had been some type of monetary damage in excess of $600,000, there would be no coverage. At one point I understood the City was looking into excess liability coverage and there should be a memo on it. In any event, it was the Satelite tenants' federal claims that caused us to look at the issue. Even though the City might have to indemnify HRA members, if, for example, there was a judgment for $1,600,000 leaving $1,000,000 uninsured, the judgment creditor might not want to wait for the City to figure out how to raise the funds to pay the excess. In that event, they could try to satisfy the judgment from the individual HRA members and leave the members to be eventually indemnified by the City. Obviously, that would not be a satisfactory solution. Years ago I sued a Minnesota municipality and recovered an amount way in excess of any insurance. The statutory limitations did not apply. The City eventually bonded for the amount and somehow added an excise tax to every resident's water bill for a few years to pay off the bond. I do think, however, that this had more to do with political perceptions than anything. In any event, this took several months to resolve and in the meantime, those members of the City Council who had been named individually had personal exposure. Civil Trial Specialist, certified by the Minnesota State Bar Association and the National Board of Trial Advocacy pi Barb Dacy June 2, 1999 Page 2 I don't think that Grundhoefer really addresses the issue of what type of claims do we have an exposure to that are not covered by the $600,000 limitation. Very truly yours, MACKALL, CROUNSE & MOORE, PLC By Lawren . Commers cc: James R. Casserly LRC /kbh/524745.1 RE: Insurance Pagel of 2 Bolin, Paul From: Pribyl, Rick Sent: Wednesday, January 26, 2005 3:30 PM To: Hickok, Scott; Bolin, Paul; Eisenmenger, Paul; Burns, Bill; Ellestad, Craig Subject: FW: Insurance Here is the answer from the League regarding Larry Commers question as to the personal exposure of a member of the HRA Commission. - - - -- Original Message---- - From: Grundhoefer, Tom [mailto:tgrundho @lmnc.org] Sent: Wednesday, January 26, 2005 2:24 PM To: Pribyl, Rick Subject: RE: Insurance Rick: I've read the material that you sent and I'll try to address Mr. Commers' question Yes, it is very possible that a claim could be brought that is not subject to the municipal tort limits (current limits, by the way, are $300,000 per person and $1,000,000 per occurrence.) In fact, that is the very reason many cities choose to buy excess liability coverage. Some of the more common types of claims that would not be subject to the limits include: civil right suits and inverse condemnation claims arising out of regulatory takings. I agree with Mr. Commers that for a loss that exceeds the policy limits there theoretically could be a gap between the point in time that judgment is entered and the time that the city makes good on its indemnification responsibility. (As mentioned in the materials, the city would have no obligation to indemnify if the officer is acting outside of the scope of their duties or is an act or omission constituting malfeasance, willful neglect of duty or bad faith.) It seems a remote risk, but one that may be of concern. I can't imagine a court being too demanding on a public sector employee or officer who is simply awaiting the processes of government to get it completed. Having said this, if this potential short term exposure is a major issue, then the city may want to consider purchasing excess coverage. I hope this helps. Let me know whether you need anything further. - - - -- Original Message---- - From: Pribyl, Rick [mailto:Pribyl&@ci.fridley.nm us] Sent: Wednesday, January 26, 2005 12:55 PM To: Grundhoefer, Tom Subject: FW: Insurance Here it is. > - - - -- Original Message---- - > From: Pribyl, Rick > Sent: Tuesday, January 25, 2005 1:51 PM > To: 'tgrundho @lmc.org' > Cc: Ellestad, Craig; Eisenmenger, Paul > Subject: Insurance > Tom, I have included a pdf file on the insurance issue that I spoke of on the voice mail that I left you. Our Chair, Larry Commers who is an attorney himself raises the question as to their personal liability for a situation that would be outside of the $600,000 limitation and pursue the individuals prior to the City or HRA determining how they would raise the funds in excess of the $600,000 limitation. He is concerned about the gap between a judgement and the City or HRA actually be in a 1/27/2005 RE: Insurance Page 2 of 2 position to provide the resources for the judgement. > The main question as I see it is on the memo from Larry to Barb Dacy dated June 2, 1999. > 3rd Paragraph > In that event, they could try to satisfy the judgment from the individual HRA members and leave the members to be eventually indemnified by the City. Obviously, that would not be a satisfactory solution." > What coverage would provide a solution to this issue?> > <<HRA Ins > Larry Commers.pdf>> > Richard D. Pribyl > Director of Finance > City of Fridley > Fridley, MN 55432 > Phone: 763 -572 -3520 > Fax: 763 -571 -1287 > E -mail: pribylr @ci.fridley.mn.us This email has been scanned by the MessageLabs Email Security System. For more information please visit ft://www.messagelabs.com/email messagelabs.com/email This email has been scanned by the MessageLabs Email Security System. For more information please visit http : / /www.messagelabs.com /email 1/27/2005 DATE: January 28, 2005 TO: William W. Burns, Executive Director of H ,1fI FROM: Scott J. Hickok, Community Development Director Paul Bolin, Assistant Director of HRA SUBJECT: Gateway West Update M -05 -6 The purpose of this memo is to provide a summary of Gateway West activity since the Authority's meeting in early January. 5355 3rd Street (4 -Plex) — Staff, working with Wilson Development and Jim Casserly's office, has made an offer to purchase the 4 -plex. The offer was made on January 27th to purchase the property for $275,000, pending HRA approval. A number of factors were considered when making the offer, including, the County's Estimated Market Value, Paul Schwartz's appraisal, follow -up memorandum, estimated cost of acquiring through condemnation, and long history in trying to acquire the property. Staff is optimistic that an agreement can be reached prior to Thursday nights meeting and that the purchase agreement can be presented for Chairman Commer's signature. 28157 th Place — Staff provided Dave Harvet with a listing of potential comparable properties on January 6th. Staff followed up with Mr. Harvet on January 14th and was told that he hadn't had a chance to look at all of the properties yet, but would contact staff when he had chosen a comparable. At the time of writing this memorandum, Mr. Harvet has not followed through in getting back to staff. Staff has a call into Mr. Harvets voicemail and will present an update at Thursday nights meeting. As Mr. Harvet seems to have very unrealistic expectations of a price for his mothers home and continues to delay responding to City requests, staff will be recommending that the Authority no longer pursue the purchase of the Harvet home and, instead, build around it if an agreement cannot be reached prior to the HRA's March 3rd meeting. H:\—Paul's Documents\HRA\HRA Agenda Items\2005\February 3, 2005\February2005HRA Memo (Gateway West UPdate).doc Yage 1 of L Welcome to the Web sits of Anoka County Mcsots Property Account Summary urrent General Information Abstract Documents Have Been Recorded Through Property ID i23-30-24-22-0136 Situs Address ; 5955 3RD ST NE , FRIDLEY, MN 55432 -0000 Property Description !LOTS 25 & 26 BLK 12 HYDE PARK, SUB) TO EASE OF REC Last Sale Price 121,500.00 Last Sale Date !09/22/1995 �� Last Sale Document Type ; Linked Property Group Position 308,000 Status 'Active Abstract/Torrens !Abstract Parties Role IName Owner IHOGENSON PROPERTIES LTD Document Recording Process Dates Abstract Documents Have Been Recorded Through 11/16/2004 Abstract Documents Have Been Mailed Through 11/05/2004 Torrens Documents Have Been Recorded Through 11/12/2004 Torrens Documents Have Been Mailed Through 11/02/2004 ctive Certificates Of Title Type lCertificate Number lCertificate Date No Certificates Found Documents Recorded Within 30 Days Of "Recorded Through" Dates Above Type Abstract/Torrens lRecorded Number ;Recorded Date No Documents Found Lot Size JW80 *130 I * Lot Size: Approximate lot size in feet, clockwise beginning with the direction the lot faces Tax District Information City Name School District Number and Name FRIDLEY SCHOOL DISTRICT #14 Pro perty Classification Tax Year lClassification 2004 4A- Rental /Residential Non - Homestead 4 or More Unit 2003 4A- Rental /Residential Non - Homestead 4 or More Unit ii�roperiy Values «� Tax Year Description Amount 2005 Est Market Land (MKLND) 68,600 2005 Est Market Improvement (MKIMP) 243,700 2005 Est Market (MKTTL) 312,300 2004 Est Market (MKTTL) _ 308,000 2004 Taxable Market (TMTV) 308,000 Ox Amounts for MIPR https: / /prtinfo.co. anoka .mn.us /(xaijch55nialsgihslel4s5 5) /search.aspx 1/10/2005 Page 2 of 2 Tax Year _ Description _ 2004 Total Tax Amounts - Before Payments y _Amount 4,305.42 2004 Special Assessments (Included in Total) 93.84 Payment History for Past Three Years Date Paid Tax Year Principal Interests, Penalties and Costs Amount Paid 05/15/2004 2004 4,305.42 0.00 4,305.42 05/15/2003 2003 4,039.26 80.78 4,120.04 05/15/2002 2002 2,593.55 0.00 2,593.55 No Charges are currently due. No Charge Amounts are due for this property. If you believe this is incorrect, please contact a Property Support Specialist. Developed by ASIX, Incorporated. @2004 All rights reserved. ✓'eo.4,-�- /� ,,, ,- w� l� mss( -� S�,Ip �Ey►�- a�i. �l/ S �3' oti ��tv�t�- ►'�' ,` SG�a.� � a , P https: / /prtinfo.co. anoka. mn. us/( xaijch55nialsgihslel4s55 ) /search.aspx 1/10/2005 01/27/2005 10:29 IFAX DFAX @RRASSMONROE.COM JAN -27 -2005 11:21 FROM: MEMO TO: Jim Casserly FROM: Paul Schwartz DATE: January 26, 2005 RE: Apartment appraisal — Jim, 4 DFax IM 001/003 6516531381 TO:9528855969 P.1 Pursuant to your request, I have considered the fair market value of the above- referenced property as if it is habitable and therefore rentable. Please note that this is not an appraisal and that the assumption you are asking me to make is hypothetical. We have considered all three approaches to value for the subject, if habitable: the cost approach, them market approach and the income approach. All figures from the cost approach as contained in the original appraisal would remain the same except for physical depreciation. Assuming a newly renovated building, it is estimated that the effective age would be 5 years. The resulting physical depreciation would be 9% (5 effective age /55 economic life span = 9% physical depreciation). The value would then be estimated then as follows: Replacement cost new: $213,398 Less physical depreciation:$ 19,206 Plus land value: 72,000 VALUE: $266,192, say $265,000 It is noted that perhaps the land value is conservative (low) due to lack of comparable data, which may result in understating of value via this approach. The market approach would utilize the same comparables, howeverthe subject's condition is considered to be at least average -good. All adjustments in the original appraisal would remain the same except for condition. The comparable's adjusted value assuming average -good condition are as follows: Comparable 1: $71,500 per unit Comparable 2: $68,000 per unit Comparable 3: $68,750 per unit Comparable 4: $71,300 per unit The comparables, as adjusted and with consideration of better condition, all support a per unit value of $70,000 per unit. As the subject has 4 units, the resulting value indication 01/27/2005 10:29 IFAX DFAX @KRASSMONROE.COM JAN -i=7 -2005 11:21 FROM: 6516531381 from this approach is $280,000. -) DFax Z002/003 TO:9528855969 P.2 The original report did not process the income approach as the units were not rentable in their current condition. The subject has three 2- bedroom units and one 1- bedroom unit. Market data supports a rental rate of $750 for a newly renovated two- bedroom unit and $650 for a newly renovated one - bedroom unit. A reconstructed operating income and expense statement is as follows: ESTIMATED STABILIZED OPERATING STATEMENT POTENTIAL GROSS INCOME Rental Income $34,800 Total Potential Gross Income $34,800 Less Vacancy and Collection Loss @ 5% $ (4,170) EFFECTIVE GROSS INCOME $33,060 FIXED EXPENSES Real Estate Taxes & Assessments $4,300 $5,100 Insurance $800 Total Fixed Expenses 1 VARIABLE EXPENSES Management (5% of EGO $1,653 Utilities $2,480 Repairs $ 600 Garbage $420 Misc. Expenses (grounds) $300 $6,321 Total Variable Expenses Total Operating Expenses $(10,553) NET OPERATING INCOME $22,50711 A capitalization rate of 8% is used and is supported by various recent transfers in the Fridley and surrounding area. Capitalizing $22,507 net operating income estimates a value via the income approach of $281,337.50, which is rounded to $280,000. The market approach and income approach would both be considered equally and as they indicated the same value, $280,000, the subject's hypothetical market value, as renovated is supported at $280,000. You had also asked about what dollar amount (approximately) it would take to make the subject units habitable. It is estimated that the better - condition unit would require about 01/27/2005 10:29 IFAX DFAXCKRASSMONROE.COM JAN -27 -2005 11:21 FROM: DFax Q003/003 6516531381 TO:9528855969 P.3 $5,000 in repairs and the remaining units require $25,000 per unit. This amount totals $80,000 which is the estimate to make the units habitable. Our original appraisal concluded the value as -is at $180,000. Adding $80,000 (cost to repair) to this totals $260,000. This is similar to the concluded value as repaired but is slightly lower reflecting additional amount for entrepreneurial profit (or a general contractor fee) to coordinate a renovation process of this size. I hope that this information is helpful to your endeavor further assistance. Lo 'S � Paul Schwartz Certified General Appraiser MN #20002323 Please let me know if I may be of LAKE STATE REALTY SERVICES, INC. Fie APPRAISAL OF A 4-unit apartment building LOCATED AT: 5955 3rd Street NE Fridley, MN 55432 FOR: The City of Fridley 6431 University Ave. Fridley, MN 55432 BORROWER: Paul Bollin AS OF: LAKE STATE REALTY SERVICES, INC. January 11, 2005 The City of Fridley Mr. Paul Bolin The City of Fridley 6431 University Ave. Fridley, MN 55432 File Number: 25010 Dear Mr. Bolin: File No. 25010 In accordance with your request, I have personally inspected and appraised the real property at: 5955 3rd Street NE Fridley, MN 55432 The purpose of this appraisal is to estimate the market value of the subject property, as improved. The property rights appraised are the fee simple interest in the site and improvements. In my opinion, the estimated market value of the property as of December 13, 2004 is: $180,000 One Hundred Eighty Thousand Dollars The attached report contains the description, analysis and supportive data for the conclusions, final estimate of value, descriptive photographs, limiting conditions and appropriate certifications. Si ce Paul G. Schwartz Certified General Appraiser MN #20002323 Direct: 651-659-0920 Fax: 651 - 653 -1381 E- Mail:lakestate @goldengate.net Lake State Realty Services, Inc. APPRAISAL REPORT - RESIDENTIAL INCOME PROPERTY This Form may be used for appraisal of income producing properties provided the loan requested does not exceed $750,000. 25010 Borrower /Client Paul Bollin File No. 25010 Property Address 5955 3rd Street NE Map Reference 78 -134 (Kings) City Fridley County Anoka State MN Zip Code 55432 Census Tract 512.01 Legal Description LOTS 25 & 26 BLK 12 HYDE PARK SUBJ TO EASE OF REC w Current Sale Price (if applicable) $ N/A Date of Sale N/A Loan Requested $ N/A Terms of Sale N/A Z Lu m w w a. Property Rights Appraised N Fee EJ Leasehold (attach completed Lease Analysis FHLMC Form 461) Lender The City of Fridley Lenders Address 6431 University Ave. Fridley, MN 55432 Instructions to Appraiser.- The purpose of this Appraisal is to estimate the current Market Value of the Subject Property. The Definition of Market Value is as set forth in Certification And Statement Of Limiting Conditions (FHLMC439) Note: FHLMC /FNMA do not consider the racial composition of the neighborhood to be a relevant factor and it must not be considered in the appraisal. Other Information: This is a complete appraisal in summary format. PID number is : 233024220136 p L) CO Appraisal requested from The City of Fridley Date 12/13/04 By: Mr. Paul Bolin Items 1, 2, 4, 5 & 6 are required. Attach additional items and check box if items are considered appropriate for this appraisal or are requested by Lender. 1. ❑X Descriptive photographs of subject property 7. X❑ Map(s) regional, location, sales & rental comps. 2. X❑ Descriptive photographs of street scene 8. X❑ Plot plan or survey 3. X❑ Photographs of subject, area, sales & rental comps. 9. X❑ Qualifications of Appraiser 4. X❑ Sketch or floor plan of typical units 10. ❑ Lease Analysis FHLMC Form 461 (required if leasehold interest appraised) 5. X❑ Owners Current certified rent roll if existing, or 11. ❑ Summary of reciprocal agreements with other owners for use of parking, pro forma if proposed or incomplete driveways, recreational facilities, private streets, (required if applicable) 6. X❑ Owner's income and expense statement or 12. ❑ pro forma income and expense statement 13. p iDescribe W O Location . . . . . . . . X Urban . . Suburban U Rural Built -up . . . . . . . . X❑ Over 75% . . . ❑ 25% to 75%. ❑ Under 25% Present land use: . . . . _% Condominiums 65% 1- Family 20°/6 Apartments 15% Commercial % Change in present land use . XTNot likely. . . .Likely( *) Taking Place( *) ( *) From To Property values . . . . . Q Increasing . . Stable . Declining Housing demand /supply X❑ In balance . , . ❑ Shortage ❑ Oversupply Predominant occupancy . . . ❑ Owner . . . X❑ Tenant . . .100 % Vacant Condominium: Price range $ N/A to $ Predominant $ Age yrs. to _ yrs. Predominant yrs. Single Family: Price range $ 165 to $ 275 Predominant $ 220 Age 15 yrs. to 40 yrs. Predominant 20 yrs. Typical apartment: Type walk -up No. Stories 1.5 No. Units 3 -8 Age 40 +- yrs. Condition Average Rent Levels: Increasing X❑ Stable Declining Estimated neighborhood apartment vacancy rate 6 °h ❑Decreasing 0 Stable ❑ Increasing. any incompatible land uses and overall property appeal and maintenance level See Attached OVERALL RATING Employment Stability . . . . . . Adequacy of Utilities . . . . . . Convenience of Schools . . . . . Police and Fire Protection . . . . . Recreational Facilities . . . . . . Property Compatibility . . . . . . Protection from Detrimental Conditions General Appearance of Properties , Appeal to Market Good Avg Fair Poor X X X X X X X X X Distance Access or Convenience Public Transportation Employment Centers Shopping Facilities Grammar Schools I Freeway Access 2 blocks X 2 blocks X 3 blocks X 5 blocks X 4 blocks X Rent Controls X No Yes (comment on page 4 if yes) Addendum m 2 O W Z Describe any oversupply of units in area by type and rental See Attached... Describe any shortage of units in area by type and rental See Attached... Describe potential far additional units in area considering land availability, zoning, utilities, etc. See Attached... Is population of relevant market area of insufficient size, diversity and financial ability to support subject property and its amenities? If yes, specify. Not applicable. Describe any probable changes in the economic base of neighborhood which would favorably or adversely affect apartment rentals (e.g. employment centers, zoning) See Attached Addendum. General comments including either favorable or unfavorable elements not mentioned (e.g. public parks, view, noise, parking congestion) See Attached... Dimensions 129.5' X 80' Area 10360 Sq.Ft. Sq.Ft. or Acres Zoning (classification, uses and densities permitted) See Attached Addendum I aka gfntp Rpalty Sprvirp5_ Inn 25010 X Existing Approx. Year Built 1962 Proposed Under Construction LJ Elevator W Walk -up No. of Stories 2 LJ Row or Townhouse No. of Bldgs. 1 No. of Units 4 No. of Rooms 15 No. of Baths 4 Parking Spaces: No. 4 Type 4 asphalt surface /poor Basic Structural System Wood frame Exterior Walls Stucco Roof Covering asphalt shingles Interior Walls Lathe and plaster Floors Vinyl, Carpet, C.TI (baths & kit) Bath Floor and Walls Ceramic Tile Insulation Not visible Adequacy assumed Adequacy of Soundproofing adequate N Heating X Central Individual Type Hot water boiler Fuel Nat. Gas Condition Original/fair Z Air Conditioning ❑Central XO Individual Describe wall units Adequacy and Condition Adequate/Average W Elevator(s): Number N/A Automatic Adequacy and Condition W _ Security Features Locked main door. 0 Kitchen cabinets, drawers and counter space X Adequate X Inadequate OVERALL PROPERTY RATING Good Av . Fair Poor X g ❑ RangelOven ❑ FanlHood ❑ Dishwasher ❑ Disposal General appearance of property . . . . . . . X ❑ Refrigerator X❑ Washer X❑ Dryer ❑ Quality of construction (materials and finish) . . . X O Z Hot Water Heater(s) 1 -40 gallon std recovery Condition of improvements . . . . . . . . X 0 Plumbing Fixtures inadequate kitchens and baths per unit Rooms size and layout . . . . . . . . . X a Electrical Service 200 amp main' unknown breaker -fuse Closets and storage . . . , . . . . . . X R Recreational Facilities None Plumbing - adequacy and condition . . . . . . X U) Electrical - adequacy and condition . . . . . . 0 Amenities and parking facilities . . . . . . . X Effective Age 30 Yrs. Estimated Remaining Economic Life 25 Yrs. X Appeal to Market . modernization, etc.) See Attached Addendum. COMMENTS: (Special features, functional or physical inadequacies, repairs needed, LAND SALES (complete ONLY if appropriate for this appraisal) Zoning Area Sales Price Date Price per S . Ft. or per Unit 1. 0$ $ per 2. 0$ $ per 3. V) $ $ per Comments & Reconciliation See Attached Addendum. Estimated Land Value $ 72,000 APARTMENT BUILDING(S }ESTIMATED REPRODUCTION COST NEW = U 35.00 x 46.00 = 1,610.00 sq. ft. x 2 (Stories) = 3,220.00 sq. ft. x $ 64.72 $ 208,398 0 x = sq. ft. x (Stories) = sq. ft. x $ $ W CL x = sq. ft. x (Stories) = sq. ft. x $ $ IL OTHER IMPROVEMENTS Asphalt concrete . . . . . . . . . . . $ 5,000 t- N $ O $ V TOTAL ESTIMATED COST NEW OF IMPROVEMENTS . . . . . . . . . $ 213,398 LESS DEPRECIATION 55% physical depreciation . . . . . . . . . . . . 117,369 DEPRECIATED VALUE OF IMPROVEMENTS . . . . . . . . . . . . . . . . . . . . . . $ 96,029 ADD - ESTIMATED LAND VALUE . . . . . . . . . . . . . . . . . . . . . . . . . . $ 72,000 INDICATED VALUE BY THE COST APPROACH (IN FEE SIMPLE) . . . . . . . . . . . . . . . . $ 168,029 IF LEASEHOLD DEDUCT VALUE OF FEE INTEREST (ATTACH CALCULATIONS), , . . . . , . . . . . $ INDICATED VALUE BY THE COST APPROACH LEASEHOLD . . $ 168,029 . . . . . . . . . . . . . . ITEM COMPARABLE No. 1 COMPARABLE No. 2 COMPARABLE No. 3 Address 7so The subject units are not rentablellivable rental comps have not been selected Proximity to sub'. and the income approach is not processed Rental survey date Brief No. Units No. Vacant Age Yrs No. Units No. Vacant Age yrs No. Units No. Vacant Age yrs H description 0 of property im rovements 9 Rm. Count Size Monthly Rent Rm. Count Size Monthly Ren 1 Rm. Count Size M nthly Rent Zww Individual Sq. Ft. S . Ft. S . Ft. Tot BR b $ 0 Rm Tot BR b $ fA Rm Tot BR b $ Rm W unit m breakdown Q a O Utilities, furn- iture and amenities in- cluded in rant Comparison to subject including rental concessions, if anv I aka Ctata RAalty RArvicas_ Inc 25010 ITEM SUBJECT COMPARABLE No. 1 COMPARABLE No. 2 COMPARABLE No. 3 Address 5955 3rd Street NE Fridley 5980 2nd St. NE Fridley 5900 2 1/2 St. NE Fridley 157 Mississippi Place NE Fridley Proximity to subject N/A -- is subject 2 blocks northwest 2 blocks southerly - 9 blocks northwest Map code 78 -D4 Kin s 78 -D4 Kin s 78 -D4 Kin s 78 -C4 (Kings) Lot size 10,360 S .Ft. 10,400 s.f. 13,000 9,960 s.f. Brief Description of building improvements No. Units: 4 No. Vac.: 0 Year Built: 1962 1.5st walk-up w/ arden level No. Units: 4 No. Vac.: 0 Year Built: 1962 1.5sty. walk-up w/ arden level No. Units: 7 No. Vac.: 1 Year Built: 1960 1.5 sty. walk-up w/ arden level No. Units: 4 No. Vac.: 0 Year Built: 1963 1.5 sty. walk-up w/ arden level Stucco Stucco exterior Stucco /brick exterior Brick exterior One 4 -unit building One 4 -unit building One 7 -unit building One 4 -unit building Quality Average Average Average Average Condition Poor Avera e/ ood - $30,000 /unit Average-fair - $10,000 /unit Avera e/Aver a good - $25,000 Recreational facilities None None None None Parkinq No garage s No garages No garages Surface /2 qarages +$1,000 Tenant appeal Average Average Avera a Average GBA 3,220 s.f. 3,128 s.f. 2,400 s.f. 3,456 s.f. Unit Mix 75% 2br; 25% 1br 100% 2br 100% 1br 100% 2br Location Averacle Avera a Avera a Avera e No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT Tot. BR b Tot. I BR b Tot. I BR b Tot. BR b 3 4 2 1 4 4 2 1 7 3 1 1 4 4 2 1 u Unit 1 3 1 1 p D! a breakdown a Util. paid by owner All but ind. unit elec. All but ind. unit elec. All but ind. unit elec. All but ind. unit elec. w Data source Inspection/Owner Assessor /ADN Assessor /ADN Assessor /ADN w Price $ N/A X Unf. F $ 310,000 X Unf. F $ 350,000 X Unf. F $ 275,000 FXJ Unf. 17F g Sale-Listing-Offer Brokered sale Brokered sale Brokered sale Date of sale N/A 08/03 -- closed 09/03 -- closed 11/03 -- closed No sale in the past several Conventional financing Conventional financing Conventional financing Terms years all personal property all personal property all personal property (Including conditions no unusual conditions no unusual conditions no unusual conditions of sale and Unit Mix = -$1,000 Unit Mix $3,000 Unit Mix= -$1,000 financing terms ) AdL Unit Value = $46,500 Ad'. Unit Value = $43,000 1 Ad'. Unit Value = $43,750 Com lete as many of the followinq items as possible using data effective at time of sale Gross Annual Income $ is 0 $ :$ $ :$ $ is Gross Ann. Inc. Mult.1 0.00 0.00: 0.00 0.00; 0.00 0.00 � 0.00 Net Annual Income $ :$ 0 $ :$ $ :$ $ :$ Expense Percentage 2 %; 0.00% %; % %; % %' % Overall Cap. Rate 3 %: 0.00% 0.00 %: 0.00% 0.00 %: 0:00 % 0.00 %: 0.00% Price per unit $ 0.001s 77,500.00 $ 50,000.00 $ 68,750.00 Price per room $ 0.00 $ 19 375.00 $ 16 666.67 $ 17 187.50 Price gross bldg. area $ /s q. ft. bldg. area I $ 43.66 Is q. ft. bldg. area Is 50.05 /s q. ft. bldg. area $ 56.85 /s q. ft. bldg. area (1) Sale Price , Gross Annual Income (2) Total Annual Expenses : Total Gross Annual Income (3) Net Annual Income : Price RECONCILIATION: See Attached... INDICATED VALUE BY MARKE 180,000 tzi OFurnishings a INCOME Total Monthly Apartment Forecasted Rents . . . . . . . $ N/A Other Monthly Income (Itemize) not livable or rentable in current condition $ not livable Total Gross Monthly Forecasted Income. . . . . . . . $ 0 Total Gross Annual Forecasted Income . . . . . . . , $ 0 Less Forecasted Vacancy and Collection Loss ( 0.00%) , $( 0) Effective Gross Annual Income . . . . . . . . . . $ 0 Less Forecasted Expenses & Replacement Reserves . . . . $( 0) Net Annual Income from Total Property . . . . . . . . $ 0 Less Return on and Recapture of Depreciated Value of ($ @ %) $( ) Net Annual Income from Real Property . . . . . . . . $ 0 EXPENSES ACTUAL FORECASTED Real Estate Taxes* . . . . . , $ N/A $ N/A Other taxes or licenses . . . . Insurance . . . . . . . Unsubordinated ground rent . . Fuel . . . . . . . . . . Gas . . . . . . . . . . Electricity . . . . . , . . Water and sewer . . . . . . Trash removal . . . . . . . Pest control . . . . . . . Maintenance and repairs . . . . Interior and exterior decorating . . Lake State Realty Services, Inc. 25010 General Comments (including comments on any items rated poor or fair) A detailed description of the current state of the improvements is included in the improvement description CONDITIONS AND REQUIREMENTS OF APPRAISAL (include required repairs, replacements, painting, termite inspections, etc.): This report is a "complete appraisal" utilizing a "summary report" format The subject has been appraised as -is in fee simple estate free and clear of all liens and encumbrances All mechanical systems are assumed to be in proper working order unless otherwise noted. A detailed_ description of the condition of the subject improvements is indicated in the improvement description. RECONCILIATION AND VALUE CONCLUSION Indicated Value by the Cost Approach , , . , . $ 168,029 Indicated Value by the Market Approach , , , . $ 180,000 Indicated Value by the Income Approach . . . . $ N/A FINAL RECONCILIATION: Both the cost and market approach indicate complimentary value indications. The income approach was not processed due to the current poor condition of the subject improvements that render the individual units not livable and therefore not rentable As there is abundant data to process the market approach, and as this approach is the most likely approach utilized to determine value by the market for this type of real estate in its current condition, more emphasis is placed on the value finding from this approach A concluded value of $180,000, rounded is supported by both the market and cost approaches to value I certify that to the best of my knowledge and belief, the statements made in this report are true and I have not knowingly withheld any significant information; that I have personally inspected subject property, both inside and outside, and have made an exterior inspection of all comparable sales listed herein; that I have no interest, present or contemplated, in subject property or the participants in the sale; that neither the employment nor compensation to make said appraisal is contingent upon any value estimate; and, that all contingent and limiting conditions are stated herein. g) Certification and Statement of Limiting Conditions (FHLMC Form 439) applies ( ❑ On file with client ❑ Attached ). As a result of my investigation and analysis, my estimate of Market Value of the subject property as of December 13, 2004 is ....... Loan Recommended Subject to: Date 01/10/2005 Appraiser Date Paul G. Si 20002323 If applicable, complete the following Appraiser Date ❑ Supervising or ❑ Review Appraiser Did 0 Did Not Physically Inspect Property MN 8/05 FOR LENDER'S USE ONLY (completion optional) $ @ %. Term yrs. Principal & Interest $ /mo. $ /annually Borrower's Cost or Purchase Price $ Appraised Value $ Loan to Appraised Value % 1 n1, Q# +n D—If Ccry name InC 25010 ITEM COMPARABLE No. 4 COMPARABLE No. 5 COMPARABLE No. 6 Address Proximity to sub'. Rental survey date 7/04 Brief No. Units No. Vacant Age yrs No. Units No. Vacant Age yrs No. Units No. Vacant A e yrs description p of property Q Z cc im rovements Individual unit Rm. Count Size Monthly Rent Rm. Count Size Month) Rent Rm. Count Size Month) Rent Tot BR b S . Ft. $ Rm Tot BR b Sq. Ft. $ Rm Tot BR b S . Ft. $ dJ Rm _J Q breakdown Q a v Utilities, furn- -.I iture and F z amenities in- cludAd in rent wComparison uJ to subject a. IL including rental D w concessions, if any ITEM SUBJECT COMPARABLE No. 4 COMPARABLE No. 5 COMPARABLE No. 6 Address 5955 3rd Street NE 15761 Fridley 2nd Street NE Fridley Proximity to subject N/A -- is subject 1.5 blocks souther) Map code 78 -D4 (Kings) 78 -D4 (Kings) Lot size 10,360 Sq. t. 7,800 s.f. Brief Description of building improvements No. Units: 4 No. Vac.: 0 Year Built: 1962 1.5st walk-up w/ garden level No. Units: 3 No. Vac.: 0 Year Built: 1962 1. 5stV walk-up w/ garden level No. Units: No. Vac.: _ Year Built: No. Units: No. Vac.: _ Year Built: Stucco Stucco /wood exterior One 4 -unit building_ One 3 -unit building Quality Average Average Condition Poor Avera e/Avera a ood - $25,000 Recreational facilities None None Parking No garages No garages Tenant appeal Average Average GBA 3,220 s.f. 1,821 s.f. Unit Mix 75% 2br; 25% 1 br 33% 1 br; 33% 2br; 33% eff c30i Location Average Average p W CL No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT No. of Units UNIT ROOM COUNT Tot. BR b Tot. BR I b Tot. BR b Tot. BR b a W Unit breakdown 3 4 2 1 1 2 0 1 1 3 1 1 1 3 1 1 1 4 2 1 Q Q Z Util. paid by owner Data source All but ind. unit elec. Ins ection /Owner All but ind. unit elec. Assessor /ADN Lu Price $ N/A X Unf. F $ 204,900 X Unf. F $ Unf. F $ Unf. F LU Sale- Listin -Offer Closed sale CL Date of sale N/A 05/03 -- open to market ai No sale in the past several Conventional financing Terms years all personal property (Including conditions No unusual conditions of sale and Unit Mix $3,000 financing terms ) Ad'. Unit Value = $46,300 Complete as many of the following items as possible using data effective at time of sale Gross Annual Income I 1 : $ 0 Is : $ Is ; $ Is $ ENDUM Borrower: Paul Bollin File No.: 25010 Property Address: 5955 3rd Street NE Case No.: City Fridley State: MN Zip: 55432 Lender: The City of Fridley Other Information This is a complete appraisal in summary format. PID number is : 332922440078 Incompatible Land Uses, Property Appeal The subject is located in an area of congruent land uses. The subject property has good appeal due to its location and positive and complimentary surrounding land uses. Stevenson Elementary school is five blocks easterly. Ample commercial, including restaurants, shops, and services is proximate. Oversupply in Unit Type(s) There appears to be no over - supply of rental units in the area, and vacancy rates are stable and under at about 6 percent, similar to other portions of the Twin Cities Metropolitan Area. Due to low interest rates and ample entry-level housing in the area, it is possible that some renters may become home owners, therefore increasing the vacancy rate likely modestly. Currently the statistics do not indicate an oversupply of units of any size or type, with many area buildings at or near full occupancy. Undersupply in Unit Type(s) There appears to be no shortage of any type or size of units in the area, although many buildings are at or near full occupancy. As there are many other submarkets in the area, any shortage of units is typically absorbed by other submarkets. Potential for Additional Units The subject is located in a fully - developed first -ring suburban area where typically the addition of more rental units would only be as a result of redevelopment. Redevelopment is costly and as such, typically only government units are involved in the projects. There are no pending projects which are likely to take any of the subject's market share. Probable Changes in Economic Base The diverse economic base of the Twin Cities softens any negative impact on apartments or the residential real estate market of the subject's area. Although the national economy is under - performing, and unemployment is high (although decreasing), the state's economy and unemployment rate is about average due to the diverse economic base of the Twin Cities Metropolitan area -- the largest economic contributor to the state's economy. No changes in the subject's zoning are forthcoming. General Neighborhood Comments The subject is located in southwestern Fridley, about 1/2 mile west of the Mississippi River, four blocks north of 1 -694, and one block west of University Ave. NE (Highway 47), a main north -south thoroughfare. The subject is located in a neighborhood known as Hyde Park, which has seen some redevelopment undertaken by the City in recent years. A portion of this neighborhood still is in the state of redevelopment or planned redevelopment. Along University Avenue NE and 57th Ave. NE are various commercial establishments, including sit -down and fastfood restaurants, box store development, and other similar uses. The east side of Highway 47 consists of newer townhomes which have been recently built as a result of redeveloped land by the City of Fridley. The subject is located in a residential pocket of similar age, style, and price range of single- and multi - family housing. The confines of the neighborhood generally are: 61st Ave. NE to the north; University Ave. NE to the east; 1 -694 to the south; and the Mississippi River to the west. Stevenson elementary is 5 blocks to the west from the subject. Zoning classification and description We obtained this zoning data from the City of Fridley. The subject has a legal conforming zoning of S -1, Hyde Park Neighborhood District Regulations. This zoning classification is governed by the city of Fridley. The subject improvements are deemed a legal and conforming use. Site Comments The subject is a typical apartment site in terms of size, land -to- building ratio (site "density "), topography, location, appeal, and landscaping. The site is serviced with all essential urban utilities. There are no areas of poor drainage noted and there are no visible signs of encroachments. A visual inspection of the site did not indicate any signs of negative easements, and none were indicated from the owner or client. Title information, however, was not available and therefore not viewed. The highest and best use of the subject as improved, is as currently utilized, one 4 -unit apartment building. There are no other alternative uses that would generate a higher return to the land than S -1 Hyde Park Neighborhood District Regulations, its underlying zoning. Description of Improvements Comments The subject property consists of one 4 -unit apartment building. Three of the four apartments have the exact configuration which are two bedrooms each. The other garden level apartment is a one bedroom unit as the second bedroom area is used as a mechanic room /laundry room. The subject improvements consist of one stucco, 1 -1/2 story walk -up apartment building which was built in 1962. The total gross building square footage is 3,220 s.f. According to the realtor (Jim Cormandy at Keller Williams) representing the owners, the building has not been rented for several years and from time to time a friend of the owners will stay in unit 2 without compensation. No rental history exists at the property. ADDENDU Borrower: Paul Bollin File No.: 25010 Property Address: 5955 3rd Street NE Case No.: City Fridley State: MN Zip: 55432 Lender: The City of Fridley deteriorating which will require replacement. There is one laundry room with 1 washer and 1 dryer (owned) which also serves as a mechanic room that holds a 40- gallon standard hot -water heater and a furnace which is covered by exposed insulation with a black substance on the exterior of the furnace. There are no storage lockers on site. Each unit is separately metered for electric and all electrical services are fuses. There is one individual - controlled heat -zone. The stucco exterior has some severe cracking both vertically and horizontally which either will require repair or replacement as if left untreated may allow moisture infiltration into the building envelope. Newer vinyl windows do exist and age is uncertain however the appraiser noticed many edges of the vinyl windows were separating and showing gaps, and may possibly have been installed improperly or the building has recently settled. Additionally, two of the downspouts are missing. Individual unit interiors including walls, ceilings, doors, floors, kitchens and bathrooms are predominately in poor condition with the exception of unit 2 on the garden level. Unit 2 is in close to average condition which is the only unit that is habitable. We need to note areas of severe peeling paint present in this unit's bath ceiling, and the living room ceiling shows signs of past damage and incomplete repair as noted by the different ceiling textures. The smoke detector was removed from the wall of this unit. The other three units have much damage and show a lack of maintenance and incomplete destructive work as noted from the following items: Unit 1 is a one - bedroom unit at garden level. The bathroom has all of the wall board missing including all the plumbing fixtures are missing or incomplete. Exposed insulation is present in the walls which shows signs of moisture damage. The entire bathroom was full of debris which will require removal. The bedroom has missing trim and missing interior doors along with 1/2 painted and 1/2 wallpapered walls which are severely peeling. The kitchen is missing all faces of the cabinetry and has incomplete counter top including all appliances. The walls and floors are damaged along with all fixtures. Both electrical and plumbing are non existent. Floor covering is missing from all of the living room and shows exposed concrete which old carpet padding was glued however not fully removed. The light fixtures are incomplete and all smoke detectors are missing. All walls require repair and re- coating. Unit 3, upper level is a two - bedroom unit which also requires severe work. The bathroom has exposed insulation with evidence of water damage in the interior of the wall. A black substance is present in the insulation. The tub, sink and toilet is present however will require removal and replacement due to deteriorating ceramic tile wainscotting at the tub walls and floors. The existing toilet, tub and sink are damaged. The bedrooms of unit 3 are missing trim, have incomplete baseboard heaters and have black streaks present on the ceilings near the baseboards heaters. Doors are missing from the bedrooms as well as the carpeting. The carpeting in the hallways are very soiled and are in need of replacement. The kitchen is in need of all new cabinets as the current ones are incomplete missing doors and drawers. Additionally, plumbing fixtures are missing. All appliances are also missing or incomplete. The flooring of the kitchen and dining room are also missing showing exposed wood underlayment. The light fixtures are also incomplete or are missing. The living room is missing floor covering and has exposed wood underlayment, peeling paint at the ceiling, incomplete trim and a damaged entry door and jamb. All walls require repair, re- coating, and re- painting. The smoke detectors are missing from this unit. Unit 4 a two- bedroom unit on the upper level has a bathroom with exposed electrical wires in the fan along with damaged ceramic tile floor at the tub which may require replacement. The bedrooms have missing floor covering, exposed wood underlayment (which appears to be damaged), missing and exposed electrical wires in place of the fixtures, and missing trim. Baseboard heaters are incomplete and require repair due to their current condition. The hallway in unit 4 is partially carpeted and has partially exposed underlayment. The kitchen is missing some facing on the cabinets and re -use of the the existing cabinetry due to their current fair condition is questionable. No range exists and the gas pipe is not properly sealed. The countertop is severely damaged and the floor covering is non existent as exposed underlayment is the flooring. The living room is also missing any attached floor covering and missing complete baseboard heaters. The smoke detectors are missing from this unit. The building has a 200 ampere main and all electrical panels are fuses of unknown amperage. There are 5 services (one per unit and one for the common area of the building). The electrical capacity appears to be adequate and the condition appears average -fair due to incompleteness of the apartment fixtures and switches. The cooking appliances are gas. Land Sales Comments and Reconciliation The subject is located in a built -up area where typically development only occurs a s a result of redevelopment, which is costly. No applicable arms - length land sales could be located. The land is assessed for $65,600, and typically the assessed value for land in built -up areas of Anoka County is lower than market. The land value is estimated at $7.00, with 10,324 s.f., totals $72,268, say $72,000. The replacement cost new was obtained from the Marshall Valuation Service, Section 12, page 14, Average Class D (Masonry Veneer) dated 8/2004, which indicated the base cost per square foot at $52.62, with the gross multiplier at 1.23 to equate to $64.72/s.f. Physical depreciation is based on the age /life method, with the subject having an economic life span of 55 years, and a current effective age of about 30 years due to significant deferred maintenance and needed repairs. i ADDENDUM Borrower: Paul Bollin File No.: 25010 Property Address: 5955 3rd Street NE Case No.: City: Fridley State: MN Zip: 55432 Lender: The City of Fridley The subject has 1 one - bedroom unit and 3 two- bedroom units. The unit mix vary per each comparable, with two comparables having all two- bedroom units and one having all one - bedroom units. Comparable 4 has a mix of 1 one - bedroom unit, 1 two- bedroom unit, and 1 efficiency unit. Unit mix adjustments of - $1,000 to +$3,000 are made. The more bedrooms in a unit, the more rent that can be charged. This premium of rent, as capitalized, indicates the approximate adjustments used. After adjustments, the comparables range from $43,000 to $46,500 per unit. The average of the adjusted data is $44,887.50, with a similar median of $45,025. The tight adjusted value range, and similar average and median support well an estimated value for the subject of $45,000 (rounded) per unit. As the subject has 4 units, the estimated value utilizing the "per unit' unit of comparison is $180,000. ADDITIONAL EMINENT DOMAIN CERTIFICATION I certify that, to the best of my knowledge and belief... That on December, 13th, 2004, 1 have personally inspected the property. The property owners were afforded an opportunity to accompany us on the appraisal inspection, and Mr. Jim Cormandy, the owners realtor representative, did accompany me. - The statements of fact contained in this report are true and correct, subject to the Assumptions and Limiting Conditions. That I understand that this appraisal us to be used in connection with the acquisition of the property for a redevelopment project by the City of Fridley, and that this appraisal has been made in conformity with the appropriate State laws, regulations, policies and procedures applicable to an appraisal of right of way for such purposes, and that to the best of my knowledge no portion of the value assigned to such property consists of items which are non compensable under established State law. That in making this appraisal, I have disregarded any increase or decrease in the before value caused by the project for which the property is being acquired. My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice. I have no present or prospective interest in the property that is the subject of this report, and I have no personal interest or bias with respect to the parties involved. The appraisal assignment was not based on a requested minimum valuation, a specific valuation, or the approval of a loan, nor upon the occurrence of a subsequent event. My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the requirements of the Code of Professional Practice of the Appraisal Institute. - I will not reveal any of the findings contained in this report to anyone, unless by due process of law, we need to testify publicly to any findings contained herein. ADDEN Borrower: Paul Bollin File No.: 25010 Property Address: 5955 3rd Street NE Case No.: City Fridley State: MN Zip: 55432 Lender: The City of Fridley Paul Sc iwartz Minnesota Certified General Appraiser #20002323 General Condition and Reconciliation Comments AGENDA ITEM ri HRA MEETING OF JANUARY 612005 QTY OF FRIDLEY Date: January 28, 20051-i To: William Burns, HRA Executive Director 4A l From: Scott Hickok, Community Development Director Paul Bolin, Asst. Executive HRA Director Subject: 2005 CDBG Application M -05 -5 INTRODUCTION As you may recall from past years, the Community Development Block Grant (CDBG) program makes Federal money, through HUD, available to Counties for redistribution among cities, townships, and service organizations. Applications for 2005 funds were due to Anoka County on January 12th, 2005. Based on information received from Anoka County, which identified their funding priorities, staff submitted an application seeking an additional $167,600 to cover the purchase price, relocation expenses, and demolition costs for the remaining single - family property in the Gateway West project area. Staff will attend a meeting with Anoka County's project selection group on February 15th. The purpose of the meeting is to allow the selection group to question applicants before recommending projects to the Anoka County board. After this meeting staff will have an indication as to the potential for funding the City's 2005 CDBG request. Fridley HRA Housing Program Summary Cover Page February 3, 2005 HRA Meeting Report Description Loan Application Summary Loan application activity (e.g. mailed out, in process, closed loans) for January 2005 and year -to -date. Loan Origination Report Loan Servicing Report Remodeling Advisor & Operation Insulation Loan originations for January 2005 and year -to -date. Loan servicing by Community Reinvestment Fund (CRF) for the month of December 2004. Note, that the loan servicing reports are usually available 10 days after month end. Shows the number of field appointments scheduled and completed the Operation Insulation and Remodeling Advisor Services administered by Center for Energy and Environment. HA-- Paul's Documents\HRA\Loan Program Reports\Loan Servicing Reports\2004\Housing Program Cover Page (February2005).doc m E u-) O O = N c N OC C m _ W� C Q H 1 E- 0 J t N C � O i R � V ,Q Q C H Ri C D O O F- a N C R J t N i C O w V � 'G Q O N ,C c = O .Q V I CD t . I� ZQi JI S D 4 S ) 3I 3I b n I r000000I N O O O O O O OS r N r N R 0 H i c c LL LL U. D 3 o C K LL J C LL LL LL Am J O C GS L U. 7 W W C W d O' E d R ` R EEc E > ,0 .K O O GS C m a>LLc>xac d `° a a a a O LL LL LL LL V ��2xxx0 r N r N R 0 H i Fridley HRA Loan Origination Report January 2005 Loan / Grant Originations - 0% Kitchen remodel - 0% General plumbing - 0% Heating system - 0% This Previous Basement finish - 0% Insulation - 0% Month Months Misc. interior projects YTD Loans Issued 1 - Roofing 1 Grants Issued 1 100% - - Driveway /sidewalk - 0% Landscaping Total 1 - 1 Funding Sources This Previous Month Months YTD Fridley HRA $ 16,600 $ - $ 16,600 MHFA $ - $ $ - Met Council $ - $ $ - CDBG /HOME $ - $ - $ - CEE $ - $ $ - Other $ - $ $ - Total $ 16,600 $ - $ 16,600 Types of Units Improved This Previous Month Months YTD Single Family 1 - 1 Duplex - Tri-Plex - 4 to 9 Units - - 10 to 20 Units - - - 20+ Units - - Total 1 - 1 Types of Improvements Interior # of Projects % of Total Bathroom remodel - 0% Kitchen remodel - 0% General plumbing - 0% Heating system - 0% Electrical system - 0% Basement finish - 0% Insulation - 0% Room addition - 0% Misc. interior projects - 0% Exterior Siding /Fascia /Soffit - 0% Roofing - 0% Windows /Doors 1 100% Garage - 0% Driveway /sidewalk - 0% Landscaping - 0% Misc. exterior projects - 0% Monthly Servicing Report Principal Paid Interest Paid Total Payments Rec'd Ending Principal Balance Loans in Portfolio Monthly Servicing Fees NET FUNDS RECEIVED Delinquency Report Time Frame 1 to 30 days Late 31 to 60 Days Late Over 60 Days Late Fridley HRA Loan Servicing Report December 2004 * Pool Pool Pool Deferred Installment Installment Loans Loans Loans - 1,647.72 4,145.85 - 724.81 2,373.90 - 2,372.53 6,519.75 31,500.66 184,712.60 615,933.49 7 17 51 Total " December Information Received January 7, 2005 Pool 3 Deferred Loans Total 5,793.57 3,098.71 - 8,892.28 13,355.92 845,502.67 3 78 $ 435.00 $ 8,457.28 Delinquent Delinquent Delinquent Loans Payments Principal 4.00 $ 2,549.24 $ 17,113.34 4.00 $ 2,549.24 $ 17,113.34 % of Delinquent Principal 0.00% 0.00% 0.95% 0.95% i I AVAM+ /W V L O }Q V/ O E O ■� LO A 0 Q � N N CL �r � � C ■� �O N C 'O d d d /E Y E o CU Q N C 'O d d 7 O O CL C� • Q • • d • �' ai L L d M U U _d E 7 _ d - �u- 2QM-M.) --.)Q(n0Z0 c o m R = N O L i d N C � d 0s E d O O O Q N C 'O d _d E 7 _ d O O Q N Q L L w (0 L fn N E E • C a% L % U -m.:,LL 2Q - .) Qc)Ozo N O O O � V � � O d o C .O CL C. CD LO O O R � � O 7 O C7 � t7 C Q O d \° c O al t FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY February 3, 2005 1. Islamic Center property. After much debate and hours of testimony from residents and Islamic Center officials, the City Council voted 3 -2 at their January 3rd meeting to approve the Special Use Permit to allow the Al Amal School to plan for and begin construction on their two- phased school expansion. 2. Tiro Industries The City received notice on January 17d', that Tiro Industries, located at 5601 East River Road will be closing and permanently laying off 295 regular employees and 160 temporary workers. Tiro Industries (www.tiroinc.coin) is a developer and manufacturer of health and beauty products as well as personal care, specialty cleaning and other novelty products. Tiro provides product development, compounding, filling and packaging of hair and skin care, cosmetics and selected cleaning products to several major consumer products companies. The company differentiates itself from competitors by employing over 30 chemists, engineers, microbiologists and technicians who engage in analytical testing to support product development and creation of products to meet customer specifications. Tiro works behind the scenes as a contract manufacturer, helping other firms develop, manufacture, package, warehouse and ship a full range of hair- and skin -care products, such as shampoo, mousse and styling gel. Tiro filed for Chapter 11 Bankruptcy protection in October 2004, and named Jay AuWerter (a corporate turnaround specialist) the interim CEO. Tiro was recently sold to Outsourcing Services Group, LLC, a company that was a competitor to Tiro. Outsourcing Services Group does not intend to continue operations at the 475,000 square foot manufacturing facility, located on 25 acres near I694 and East River Road. With annual sales greater than $300 million, OSG is a full service custom manufacturer, located in New Jersey, with plants similar to Tiro's Fridley plant, located across the US, Canada, & Mexico. Staff has talked informally about a role for the HRA in retaining and /or attracting high paying manufacturing jobs to the City. Staff is working on developing the questions for this years Council Commission survey and plan to include a question regarding the City /HRA role in preserving our industrial job base. 3. Hardee's Condemnation The re -trial of the condemnation case, originally scheduled for January 24th, has been rescheduled for March 14th. The reason for the rescheduling is due to the fact that Oreel's attorney, Barry Sullivan, has requested additional time to review the City's modified appraisal. It was brought to Attorney Knaak's attention that Mr. Oreel had contacted the Nath Companies (owner of Burger King & employer of the City's witness, Rick Bentz) and suggested to Mr. Nath that Mr. Bentz, "call in sick". A copy of attorney Knaak's letter addressing this issue is attached. As per Chairman Commers request, a copy of the "Order Denying JNOV and Granting New Trial" has been attached. 4. John Demello Senior Condominium Project In exchange for dismissing a potential lawsuit, the Council has agreed to entertain a new (scaled down) plan from John Demello to construct a building containing 71 senior condominiums and 9,000 sq. ft. of retail on the SE quadrant of Mississippi and Old Central. If there are any items you would like covered in upcoming issues of the Non - Agenda Update please send me an e-mail. bolinp @ci.fridley.mn.us IT January 17, 2005 VIA FACSIMILE (763) 571 -1287 AND CERTIFIED MAIL RETURN RECEIPT REQUESTED Mayor Scott Lund City of Fridley Fridley Municipal Center 6431 University Avenue NE Fridley, Minnesota 55432 JAN 2 () RECD I Re: Tiro Industries LLC Fridley, Minnesota and Minneapolis, Minnesota Plant Closures Dear Mayor Lund: As set forth in the enclosed notices to affected employees, Tiro Industries LLC and its affiliated debtor companies (collectively, "Tiro ") entered into an agreement last Friday for the sale of its assets to Outsourcing Service Group, LLC (the "Buyer "). The Buyer has informed Tiro that it does not intend to conduct further operations in Minnesota. Tiro has a plant located at 5601 East River Road, Fridley, Minnesota and a warehouse at 2621 28th Avenue South in Minneapolis, Minnesota. As a result, Tiro will have to permanently close its East River Road and 28th Avenue facilities and will permanently lay off all employees at those facilities. Accordingly, this notice is provided pursuant to the Worker Adjustment and Retraining Notification Act, 29 U.S.C. § 2102(a). Tiro Industries LLC is providing as much notice as is reasonably practicable. Since filing it bankruptcy cases, Tiro has been trying to identify potential purchasers for Tiro's assets. The sale process generated little interest, but Tiro was able to identify one potential purchaser - the Buyer. Although Tiro attempted to sell its business as a going concern, the Buyer-advised Tiro that it is not interested in operating Tiro's business. As required by the bankruptcy process, Tiro will submit the proposed sale to the Bankruptcy Court for approval. The approval process allows other potential bidders to make a higher and better offer for Tiro's assets. Although Tiro is unaware of any potential new bidders, if one were to appear that also wanted to operate Tiro's business as a going concern, then the closure of the plant and the permanent layoffs could be avoided. If no such alternative bidder Page 1 of 2 The permanent plant layoffs for most employees will likely begin in early March 2005. Tiro will need at least some employees to work beyond early March to support the transition of production and movement of equipment and inventory, among other tasks. The company will know more in the next few weeks how many and which individual employees will be needed and will discuss the specific termination date with those individual employees once specific needs are determined. When all layoffs are complete, those layoffs will be a permanent closure of the affected classifications. The closing is expected to result in the permanent layoff of approximately 295 employees at the Fridley facility and 5 employees at the Minneapolis facility. Additionally, for the purposes of the Dislocated Worker Program, approximately 160 temporary workers (not employees of Tiro) at the Fridley facility will no longer be on assignment at this facility at some point in the future. The attached list reflects the job classifications affected and the number of employees affected in each job classification. Should you have questions or require further information, please contact Donna Hazelton, Director of Human Resources, at 763 -572 -2786. Very truly yours, Tiro Industries LLC Jay P. AuWerter, Jr. Interim CEO Enclosure: List of affected employees' job titles and the number of employees in each classification. ;r Page 2 of 2 TIRO INDUSTRIES, LLC WARN NOTICE CLASSIFCATIONS Class # Class Description 1 Executives 2 Facilities Related 3 Financial Analysis /Accounting 4 Forklift - Related 5 General Assembly /Laborers 6 Human Resources 7 IT Related 8 Machine Operators 9 Managers /Directors 10 Mechanics 11 Office Clerical 12 Production Line Leaders 13 Production /Logistics Related 14 Purchasing 15 Quality Related 16 Sales 17 Technical Related 18 Truck Driver Totals # of Ees 3 9 6 47 33 4 2 28 11 27 21 28 32 7 17 4 23 1 303 1/18/2005 CONFIDENTIAL Page 1 KNAAK & KANTRUD, P.A. 'Attorneys at Law - Frederic W. Knaak* 3500 Willow Lake Blvd., Suite 800 Of Counsel H. Alan Kantrud* * Vadnais Heights, MN 55110 Donald W. Kohler Telephone: (651) 490 -9078 Joseph B. Marshall *Also Licensed in Facsimile: (651) 490 -1580 Kathy Krider Hart Wisconsin & Colorado. - * *Rule 114 "Qualified ADR Civil Neutral Thomas M. Dailey, P.A. January 25, 2005 Mr Barry A, Sullivan Attorney at Law 21;40 Fourth Avenue North Anoka MN 55.303 RE: Fridley v.. Oreel - Dear, Mr. Sullivan: Thank you for providing me a copy of the purchase agreement in which your client retained his right to the proceeds in the condemnation action in "which we are currently engaged._ Of course, for.the time being I choose to assume that providing "all reasonable assistance" would not include perjury. Mr. Oreel's apparent suggestion that Mr:. Bentz. "call in sick ",would be more likely interpreted to be a violation of the witness tampering statute than a request under the terms of the purchase agreement to "provide assistance Who 'knows? Perhaps it's both: You are certainly welcome to" question Mr. Bentz regarding his knowledge of the purchase agreement; since he was directly involved in representing Nath Companies in the purchase. Similarly, you can expect that I will be asking your client about the nature of his contacts with Mr. Nath immediately before the time that Mr. Bentz could have been expected to testify. You are more than welcome to take Mr. Bentz'. deposition. He is not a party, however, and I would note that in securing his appearance for trial, the City has already advanced a substantial sum of money for his: statutory witness fee and travel expense. I do not believe you would find that he would be a hostile, witness if you were to make arrangements to depose him in Florida or here: He has been subpoenaed to appear of the trial. on March 15th in Anoka. I will be in the office on Friday and I will try to contact you at that time to discuss these issues. Si rel . - f Frederic W. Knaak Cc: ,Bill Burns,, Scott Hickok.. �/` JAN -2U -2005 THU 04:02 Pill KNAAK AND KANTRUD PA FAX N0. 6514909078 Knank and Kantrud, P.A. Attorneys at Law 3500 Willow Lake Blvd., Suite 800 St. Paul, MN 55110 Tclophone (651) 490 -9078 Fax (651) 490 -1550 FACSIMILE. COVER S11L'CT C onl7dentiality Notice: The documents accompanying this fax contain confidential information which is Iegally privileged. The information is intended only for th.c use of the below - described recipient.. If you are not tlial person, tllen you are hereby notified that any disclosure, copying, distribution, or the taking of any action in reliance on the contents of 1.11is telecopied information except in its direct delivery to the intended recipient nanied below is strictly prohibited. If you havo received this fax in error, please notify us immediately by telephone or arrange for return of the original document(s) to us. Thank you. TO: City of 1 ridley ATTN: Scott Ilickok ],'ROM: 1 "ritz Kit<<aldGreg I)ATP.,: January 20, 2005 RY": Orcel N1JMBF'12 01" PAGES INCI.UI)ING TIJIS PAGI3: 5 l''AX NlJMt313R: 763- 571 -1287 PHONE NUMBER: MESSAGI,: "Phis is what I received from the Court. The only copy of a subhocna is from Bernices file. The one from Pat's file is shown as being filed, however, Court Admin. told we that it isn't in the file, meaning it was MiSP111ced -Ind lost amongrst the stacks. They sent nic a copy of tilt; log -Bowing it was receive<J. 1.Iopcf illy this works. Let me know if I can be of nily otlicr help. Greg P. 01 JAN -20 -2005 THU 04:03 PM KNAAK AND KANTRUD PA FAX N0. 6514909078 P. 02 ''r• , rAi STATE OF MINNESOTA COl1N'fY OF ANOKA U6➢UTY In the Matter of Condemnation by the City of Fridloy, vs. Fred Orcel, Petitioner /Appellant, Res ponriont /Appollee, DISTRICT COURT TENTH JUDICIAL DISTRICT Q j u N 01.2004 ORDER DENYING JNOV AND GRANTING NEW TRIAL Court File No.: C4 -98 -7564 The above:- coptionod matter came on for jury trial before the Honorable Daniel M. Karnmoyer, Judge of District Court, at the Anoka County Courthouser Anoka, Minnesota, on December 1 to December 5, 2003. The jury returned a verdict awarding Respondent damages in the arnount of $40,600.00 for the direct taking and $0 damages for soveranco. On Fohruary 18, 2004, the Court issued an Order Confirming Jury Verdict, Order for Judgment. Thereafter, Respondent Oreel moved -the Court' for judgmant_ notwithstanding the verdict (JNOV) and /or new trial. Based upon all the files, records, minutes, and proceedings herein, and upon the laws of the State of Minnesota, the Court hereby orders as follows: 1. Respondent's motion for judgment notwithstanding the verdict (JNOV) is DENIED. 2. Respondent`:; motion for a new trial pursuant to Rule 59 of tlio Minnesota Rules or Civil Procodure on the issue of damages is GRANTED. The Court It -1- JAN -20 -2005 THU 04 :03 PM KNAAK AND KANTRUD PA FAX N0. 6514909078 P. 03 Administrator shall schedule the matter for jury trial at the next available date in tho Lisual catirse of scheduling and notify the parties accordingly. The ground for the Court's order denying the JNOV and granting the motion for a now trial area set forth in the attached Memorandum of Law which is incorporated herewith. Uatecl: -7- BY THE COURT: ID C� V�, lc—lkvv�. Daniel M. Kam r meye M.— - �- -•.� Judge of District Court JAN -20 -2005 THU 04:03 PM KNAAK AND KANTRUD PA FAX N0. 6514909078 P. 04 MENIMANDUM Respondent -owner Qreel's post - verdict motions are stated in the alternative -- judgineit uotwlthsl.rinding the verdict sad/or new trial -- nrnd eonstituto (what is sotrictinies called) a "blended motion" under the Rules: A motion for jilclgraunt notwithstanding the verdict may include in the alternrttive a emotion for a now trial. Minn. R. Civ. I', 50.02 (b) (emphasis added). Based on our review of the entire: record (the present Judge having presided over the jury tri.nl), :arid bawd on t.hc written ,and oral arguments of the parties' attorneys, the Court deni,. ?s the judgment n.o.v, pro t of the hlunde;d or altCrIlMive motion -- but gry )tq the other part, the motion for a new trial, We wjll also address repolulion of the issue of costs and disbursements in light of our granting the new trial. Th 0 iNcw Trial Motion Tho three grounds for our granting a new trial are succinctly stated in Rule 59, dc;aling with "Ncw Trirl k" . A new trial may be granted ... for aarry of the following causes [or grounds) :.. . (b) Misconduct of the ... prevailing party; ... (c) [lJnsiif ficient damages, apps firing to have been given under the intluerico of pashion or prejudice; ... (g) "flee verdict .. , is not justiflod by the evidence, or is contrary to law... . Milih.I%. Civ. P. 59.01. The aT.'eurnents under•piruung those Rule - liaised grounds have beers fully stated by respondent Orccl ilr his raclnorandi -mi supporting his post - verdict motions. Those arguments are pc,�rsuasivc and we alol)t them, without reciting them all over again here. We will briefly Summarize those argrnnents, iluyu�11. The two most innporinnt of the Rule 59.01 grounds on which we base the granting of a new trial ill finis cast; are stated in sub-provision (c) "insufficient dannacles" and sub - provision (g) the verdict's bein�� "rot jusl.ifled by the evidence" and being "contrary to law." Those two grounds in this case have io do with the well- ostablisbed legal measure of damages in a partial talccirig condennnatioll case. We JAN -20 -2005 THU 04:03 PM KNAAK AND KANTRUD PA FAX N0. 6514909078 P. 05 2 explieil.ly stated that legal nuiisurc of damages in the final written jury instructions. Respondent Oreel's evidence fully complied with that well- establislrecl measure of damages --but the City's evidence did not. Given that dramatic 1$0° difference between owner Orecl's legally comp i,.nt evidence; and the City's legally iincotapc °tcMnt evidence, the jury's verdict matched neither the evidence nor the law. Accordingly, the; jury's verdict delivered "insuflicient damages" wider sub provision (e), "appearing [allowing the inference] to havu been given under the influence of passion or prejudice." For the sank: reaF,r +ns, tau jury's verdict under sub - provision (g) was "not justified by the evidence, or [was] contrary to laW." In granting the now trial, we do not rely as heavily on the remaining ground, stated in sub - l)"ovisiun (b), " misconduct of the prevailing party." In this case, that misconduct was the impermissible ,sul,gcsiion by the City's attorney in his opening statement that the jiny should concidcr the benefits Our cl's property received front the road improvement project itself. Admittedly, the Court altcmpted to disabusc tLe jury of any such suggestion with a curative instruction, given to the jury orally during the 1,6;11 and in writing in the filial written instructions. Taut, in light of the jury's apparent disregard of the Court's criticzrl insiniction about the legally- con•eet measure of damages, T have little confidence that the jury IICCL.lcd that curative instrvetion either. Costs and Disbursements This case presents some novel "first impression" issues regardn1g costs and disbursements. At pp. 4 -5 of our Memorandum explaining the 2/18/04 Order for Judgment, we laid out the procedure by which those navel issues would be resolved in this case. However, because of our granting a new trial, r� °SlJ1Ul1()11 of those costs end d!SbLITSCmCntS issues must be defmcd, to be resolved ultimately after the trial itsr if -- tar by the patties' global settlement of all the issues in this case. j 1-2- CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY JANUARY 6, 2005 CALL TO ORDER: Chairperson Commers called the January 6, 2005 Housing and Redevelopment Authority meeting to order at 7:30 p.m. ROLL CALL: Members Pesent: Larry Commers John Meyer Virginia Schnabel William Holm Pat Gabel Others Present: Paul Bolin, Assistant HRA Director Paul Eisenmenger, Accountant Rebecca Brazys, Recording Secretary APPROVAL OF MINUTES: December 2, 2004 MOTION by Commissioner Schnabel, seconded by Commissioner Gabel, to approve the minutes as presented. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. CONSENT AGENDA: • Consider Claims & Expenses Commissioner Schnabel questioned why only December 30 & 31St are listed on the check register. Mr. Eisenmenger explained those were the only bills they had for December. MOTION by Commissioner Holm, seconded by Commissioner Meyer, to approve the consent agenda. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — JANUARY 6, 2005 Page 2 of 6 ACTION: • Contract for services — agreement between HRA & City Mr. Bolin explained he, Mr. Hickok and the HRH's legal counsel reviewed the agreement. It was originally determined that it would be easier to update the original 1979 agreement rather than creating one from scratch, but that hasn't been the case. At the November and December HRA meetings, drafts of this agreement were brought before the board and changes were requested. If there are any additional changes or corrections, he asked the board members to note those changes on their copy and staff will incorporate those changes. Commissioner Meyer stated the word Fridley is still in the document and should be replaced with the word City. In General Provision 3, Item C, it states it shall be the responsibility of the city together with the Authority to provide insurance policies and workman's comp. He felt this should be changed to specify that the City is responsible for that coverage. Commissioner Gabel stated the first sentence of Item C should be deleted "The City does not assume any responsibility or liability for the acts or omissions of the officers..." Commissioner Schnabel asked if the Mr. Bolin has discussed the liability issue with the city attorney. Mr. Bolin responded he has not but he would be happy to do so. He added that the city is self insured up to a certain dollar amount, and then the League of Minnesota Cities insurance takes over after that. It is his understanding that the HRA is covered under the umbrella of the City. Commissioner Schnabel asked that Mr. Bolin clarify this issue prior to the next meeting. Commissioner Schnabel stated she does not like the sexist language in the document and asked that it all be removed; any reference to "he" should be removed and replaced with the position title. She also found some grammatical errors that she circled. On the last page of the document in the paragraph just above General Provisions which requires the Authority to pay the City for overall administrative expenses not to exceed 5% of the salaries of personnel services attributable to the Authority. She questioned what the additional 5% is necessary when the HRA is already paying salaries, rent and services. Mr. Eisenmenger stated he will look into this and report back at the next meeting. Commissioner Schnabel stated under General Provisions, Item H, regarding the procedure for replacement of the Executive Director. Since the Executive Director is the City Manager, the wording of this provision does not appear correct. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — JANUARY 6, 2005 Page 3 of 6 Mr. Bolin stated he will review this with the city attorney and report back at the next meeting. Commissioner Holm stated he has some minor items that he's marked on his copy of the agreement and he will share that with Mr. Bolin. INFORMATION ITEMS: • 2005 CDBG Application Mr. Bolin stated the 2005 Community Development Block Grant application is due to Anoka County by January 14. Staff attended a meeting on December 8 reviewing the application process with Anoka County. There is a lot more documentation required with the CDBG applications than in the past and HUD has been monitoring the projects more closely. All the objectives stated as a part of the application need to be followed through. This year, acquisition and blight demolition were a high priority both for the county and at the federal level. In 2003 the city received $200,000 for acquisition and blight removal for the Gateway West project. For 2005, based on numbers put together by Mr. Casserly, they are requesting $167,000 additional to help with further acquisition and blight removal in the Gateway West area. The application does require a resolution from City Council and the City Council passed that resolution on January 3, 2005. Of the $167,000, about $5,000 is actually demolition and the remainder will cover acquisition and relocation costs. The maximum amount for a CDBG application is $300,000, Mr. Bolin explained, and each dollar requested must be accounted for at the beginning of the process. Staff determined that $167,000 would be the amount necessary to purchase a particular property for Gateway West. Since the city is already in the process of purchasing the four -plex in the Gateway West area, it is not eligible for CDBG funds. Chairperson Commers asked if infrastructure repair or changes can be done with CDBG funds. Mr. Bolin responded that is an eligible activity but it has not ranked very high with the county. For the entire county, there is only a little over $1 million to disburse and the county typically receives a much higher number of applications for projects than they are able to fund. • Update on Gateway West Mr. Bolin reported that after a number of unsuccessful attempts to purchase the four - plex at 5355 3rd Street in the Gateway West area, on December 7th a realtor representing the owner of the four -plex contacted the city to say the owner was interested in selling. Staff then toured the property with the city's appraiser and the blight analyst. They had full access to the property. Three of the units are taken apart HOUSING AND REDEVELOPMENT AUTHORITY MEETING — JANUARY 6, 2005 Page 4 of 6 11 with incomplete remodeling projects. Staff worked with the HRA's legal counsel to draw up a purchase agreement and they are now waiting for a final number from the appraiser. The offer will then be presented to the owner. Mr. Bolin explained that on January 3, 2005, the property owner's son for 281 57th Place contacted staff and indicated that they will continue negotiating with the city. He is optimistic that agreements can be made for both of these properties prior to the February meeting at which time they will be brought to the HRA for approval. • Monthly Housing Report Mr. Bolin reviewed the Loan Application Summary stating two applications were sent out in December. For the year, 27 loan applications were processed with 18 closed on. Compared to four loan closings last year, it is clear that this program has become more popular. Mr. Bolin reviewed the Loan Origination Report explaining that $283,414 actual HRA dollars were put out into the community this past year. Looking at the types of improvements, there were a total of 28 loans made but included 46 separate projects. Each loan sometimes generated multiple projects; windows and doors and heating systems. Mr. Bolin explained the Loan Servicing Report is actually based on November 2004 data. The principal balance for loans in the community was $848,000. During November they took in $42,000 in repayment on those loans. Currently there are four delinquent loans with a total past due of just over $2,500. Mr. Bolin stated during the month of December the Remodeling Advisor and Operation Insulation scheduled two appointments and completed weatherization. The Remodeling Advisor had no visits or calls in December. Mr. Bolin further stated that staff was asked by the HRA at their last meeting to look into things that can be done to promote the city's home loan program. Included in the agenda for this meeting was a memo from the Center for Energy and Environment which compared Fridley's home improvement financing activity with other communities for 2004. Fridley had a total of 28 loans compared to 10 for Anoka, 43 for Blaine, 11 for Columbia Heights, and 23 for Coon Rapids. He pointed out that Coon Rapids is nearly twice the size of Fridley yet Fridley processed more loans. As far as different marketing strategies, the Center for Energy and Environment found that the more you can get the program in the city newsletter the better the program does. So staff has been working with the City Manager to get an increased presence in the City newsletter; in the February issue there's a small mention about the various programs the City offers and hope to have a full article on the programs in the April newsletter. This past year, the Center for Energy and Environment did one mailing to Fridley residents and for the upcoming year they have budgeted to do two mailings. Staff also plans to work with utility billing to include program information with their mailings. Another opportunity is HOUSING AND REDEVELOPMENT AUTHORITY MEETING — JANUARY 6, 2005 Page 5 of 6 cable television and during tonight's show there is a scrolling marquee across the bottom of the screen listing some of the city programs. Also, an electronic billboard page has been created for the cable station with a regular spot for city program information. In addition, staff is working with the cable television director and the Center for Energy and Environment to put together some shows to get the message out about the loan program. Another marketing effort will be participation in the Home and Garden Show that will be held March 5 at the new Schwann Center in Blaine. Commissioner Meyer asked if any of the marketing includes information about energy and costs savings as a result of home improvements through the city loan program. Mr. Bolin stated that information has been a big part of the Operation Insulation Program but agreed that it would be good to include that in the loan program information. • Hardee's Condemnation Witness Expense Mr. Bolin explained that at about 4:00 p.m. today it was brought to staffs attention that there is a hearing scheduled on the Hardee's matter for January 24th. Staff believes it is very important to have Rick Bentz present as a witness for the city at this hearing. It may be costly to bring Mr. Bentz to the area (a couple thousand dollars for a flight and hotel) but will likely help to save the city thousands of dollars or more in the long run. The City Attorney would like a response on this matter today. If the HRA deems the expense appropriate, staff recommends that the City pay half the expense and the HRA pay the remaining half of Mr. Bentz' expenses. Chairperson Commers asked Mr. Bolin for a copy of the court order relating to this case allowing a new trial. Commissioner Meyer stated there is no reference to reimbursing Mr. Bentz for his time. MOTION by Commissioner Schnabel, seconded by Commissioner Meyer, to pay half of the Bentz travel expenses, accommodations and compensation. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. ADJOURNMENT: MOTION by Commissioner Gabel, seconded by Commissioner Holm, to adjourn. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING ADJOURNED AT 8:24 PM. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — JANUARY 6, 2005 Page 6 of 6 Respectfully submitted by, Rebecca Brazys Recording Secretary