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HRA 03/03/2005 - 6199U; C r CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING Thursday, March 3, 2005, 7:30 P.M. AGENDA LOCATION: Council Chambers (upper level) CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: February 3, 2005 CONSENT AGENDA: Consider Claims & Expenses .......................................................... ............................... 1 ACTION: Target NOC -SE Quad Parking Study RFP's ...................................... ............................... 2 Gateway West — Harvet — 271 -57th Place ........................................... ............................... 3 Gateway West — Hogenson - 5955 -3rd Street ....................................... ............................... 4 INFORMATION ITEMS: Updateon CDBG ............................................................................ ..............................5 MonthlyHousing Report .................................................................... ..............................6 Home and Garden Fair Reminder ....................................................... ..............................7 ADJOURNMENT: AGENDA ITEM HRA MEETING OF MARCH 3 , 2005 MY OF FRIDLEY Date: February 24, 2005 To: William Burns, HRA Executive Director From: Paul Bolin, Asst. Executive HRA Director Subject: SE Quad Parking Study M -05 -15 INTRODUCTION The prospect of a credit union purchasing the Target Northern Operations building, this past summer, led to a number of discussions related to the HRA owned Target parking lot, the HRA's right to construct a ramp on the site, and parking in general. The credit union asked that the HRA sell the lot and waive the right to construct a parking ramp on the site. Prior to reaching any agreements, or allowing the City and HRA to fully examine the impact of such an agreement, the credit union backed out of the purchase of the Target building. In November 2004, HRA Staff conducted a cursory study to examine parking in the areas occupied by the Target Northern Operations Center, City Hall, Fridley Professional Building, and Columbia Park Medical Clinic and examine any deficiencies in the amount of parking provide per City Code. The study also sought to identify any deficiencies in parking stall numbers that have been noted anecdotally. The cursory study was not intended to identify specific parking needs based on actual usage or project future needs, hence, staff recommended that the HRA seek a firm specializing in parking studies to obtain that information in early 2005. Staff sent out requests for proposals to 6 engineering firms who are known to have specialized in identifying future parking demands. The purpose of the study, should the HRA choose to proceed based on the proposals solicited by staff, will be to fully identify the current and future parking demand in the SE quadrant, before the HRA must consider a similar proposal from future potential buyers of the Target NOC site. All 6 firms have indicated that they will be sending proposals. The deadline for the RFP's is February 25th, at the time of writing this memo, staff has not received any proposals. Staff will review the proposals early next week and make a recommendation at the HRA's March 3rd, 2005 meeting based on qualifications, recommendations, and cost. It is estimated that the study will cost between $5,000 and $20,000 to complete. H:\—Paul's Documents\HRA\HRA Agenda Items\2005\March 3, 2005\March3rdHRA(Parking Memo).doc In recent conversations with the listing agents for Target NOC, they indicated that they have had preliminary talks with a potential buyer who would like to purchase the parking lot and eliminate the HRA's right to construct a parking ramp on the property. Staffs November Cursory Study: Staff utilized aerial photos, proposed parking lot improvement plans, and field counts to identify the number of parking stalls located in the study area. A combination of meetings, face -to -face interviews, and phone interviews were used to gather anecdotal information regarding any perceived parking problems in the area. The cursory survey of parking indicated that a parking shortage of 100 or more parking stalls may exist in the SE quadrant, both from a zoning code perspective and from anecdotal evidence collected. Staff recommends that prior to agreeing to eliminate the option of constructing a parking ramp on the Target site, a thorough parking analysis be conducted that further analyzes the impact that current and future users may have on parking in the SE quadrant. The Authority is under no obligation to move forward with any parking study, but staff strongly recommends one be completed prior to entertaining any offers to sell the Target NOC parking lot. H:\—Paul's Documents\HRA\HRA Agenda Items\2005\March 3, 2005\March3rdHRA(Parking Memo).doc AW rJ AGENDA ITEM �OF HRA MEETING OF MARCH 3, 2005 FRIDLEY Date: February 24, 2005 To: William Burns, HRA Executive Director `ly From: Paul Bolin, Asst. Executive HRA Director Subject: Gateway West Update — Harvet Property M -05 -16 INTRODUCTION On February 3, 2005 the Fridley Housing and Redevelopment Authority approved a motion instructing staff to make one final offer for the purchase of the Harvet home located at 27157"' Avenue. In order to move forward with the Gateway West project, the HRA must first know the boundaries of the project area. Staff presented the offer on February 14th and asked that the Harvet's give the offer serious consideration and provide a response no later than February 28th, 2005. David Harvet contacted staff February 22nd and asked if he could come in at 9AM on February 23rd to further discuss the offer we had sent to him & his mother. David & his brother Gary (who until this point has not been involved in any of the discussions) met with staff at City Hall. We thoroughly discussed all of the details of the offer letter. At that point, Gary Harvet stated that he thinks that the "City" has been harassing his mom for over 10 years in trying to force her to sell, that $189,900 is a ridiculous offer and that the property is worth $250,000 just because the "City" wants it. As Gary was leaving he told me that "you better not contact my mom or me until you have a $250,000 check waiting ". A few hours after the meeting, I got a call from Gary Harvet in which, he stated that after speaking with his mother & brother, he may have been a little hasty in how he left our meeting. He has requested that the HRA keep their offer of $189,900 on the table until March 18th, so that he can really have a chance to consider it as seriously as his mother & brother had. I told him I would ask the HRA to do that, but could not guarantee that the HRA would extend the purchase offer. Staff recommends that the 14RA extend the purchase offer deadline for this property until March 18, 2005 as requested by Mr. Harvet. HA— Paul's Documents\HRA\HRA Agenda Items\2005Narch 3, 2005 \March3rdHRA(GatewayWestHarvet Memo).doc AGENDA ITEM OF HRA MEETING OF MARCH 3, 2005 FRIDLEY Date: February 24, 2005 To: William Burns, HRA Executive Director jP/ From: Paul Bolin, Asst. Executive HRA Director Subject: Gateway West Update — Hogenson Property M -05 -18 INTRODUCTION On February 3, 2005 the Fridley Housing and Redevelopment Authority approved a motion allowing staff to execute a purchase agreement for the 4 -plex located at 5955 3rd Street if an agreement could be reached with Art Hogenson prior to the Authority's March meeting. The HRA attorney received a counter proposal from Mr. Hogenson's realtor on February 23rd. Art Hogenson wants $308,000 (based on his Taxable Market Value) and for the City to forgive his water bill ($467). Gay Greiter, HRA attorney, was going to contact his realtor, provide him with a copy of the appraisal ($180,00), and remind him that the appraised value might be all they could expect to receive through condemnation based on the condition of the property. Being that the water bill is only $467, staff instructed Gay to offer that the HRA may be willing to pay Mr. Hogenson's outstanding water bill, if we can reach a quick agreement on the $275,000 offer price. Staff recommends that the HRA not accept Mr. Hogenson's counter proposal to purchase the property for $308,000. Staff recommends that if Mr. Hogenson fails to accept the HRA's offer of $275,000, with the HRA paying off his water bill, that the City proceed with condemnation of the property. The time delay and costs associated with condemnation will most likely be offset by the much lower price the HRA is likely to pay for the property. H: \— Paul's DOCUments\HRA\HRA Agenda Items\2005\March 3, 2005\March3rdHRA(GatewayWest Memo).doc ri AGENDA ITEM HRA MEETING OF MARCH 39 2005 CRY of FRIDLEY Date: February 24, 2005 To: William Burns, HRA Executive Director p From: Scott Hickok, Community Development Director Paul Bolin, Asst. Executive HRA Director Subject: 2005 CDBG Application - Update M -05 -17 INTRODUCTION The Community Development Block Grant (CDBG) program makes Federal money, through HUD, available to Counties for redistribution among cities, townships, and service organizations. The goal of the CDBG program is, according to HUD literature, to develop, "viable communities by providing decent housing, suitable living environments and expanding economic opportunities, principally for persons of low to moderate income." Acquisition and removal of blighted properties is a high priority, both nationally and in Anoka County. Staff prepared an application seeking an additional $167,600 to cover the acquisition of properties in the Gateway West project area. Anoka County had 17 applications seeking $1.9 million in funding. The CDBG program only had $968,000 to distribute this year. Fortunately, Anoka County staff recommended that Fridley be awarded $164,889. On March 15t ", staff attended a meeting of the Anoka County HRH's work group. The work group agreed with the County staff and forwarded on the recommendation to the full Anoka County HRA Board for approval at their February 22nd meeting. Fridley HRA Housing Program Summary Cover Page March 3, 2005 HRA Meeting Report Description Loan Application Summary Loan application activity (e.g. mailed out, in process, closed loans) for February 2005 and year -to -date. Loan Origination Report Loan Servicing Report Remodeling Advisor & Operation Insulation Loan originations for February 2005 and year -to -date. Loan servicing by Community Reinvestment Fund (CRF) for the month of January 2005. 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\L.oan Program ReportsToan Servicing Reports\2004Ulousing Program Cover Page (February2005).doc E LC) O O � N N N LL i.i.■ ■ /L � Q N Z c G IC � J C N C .� O C R V � C. c CL Q � 2 N 1p c O O vz L � CL 1 Q N l = I � I J � N + C i O r V � Q � N s = +� O �° v1 Z - 4 0 0 0 0 0 0 0 I 1 11 itD D 0 0 0 0 0 0 0 CI 3 M 0 0 0 0 0 0 v V c c LL LL LL O O LL c LL K J LL IL >% J2 J 0 C r d t i c-0LL OW�W CD = E d w G E E c ;a w K LO) O G> c � ,LL m a�x2 d �Q t U.U.LQLLLL 2 x x x p i xx 20 N LO r C M 0 H Fridley HRA Loan Origination Report February 2005 Loan / Grant Originations _ p %o Kitchen remodel _ p %o General plumbing - 0 %, Heating system - 0% This Previous Basement finish _ p %o Insulation _ p %o Month Months Misc. interior projects YTD Loans Issued 1 - 0 % Roofing 2 Grants Issued 1 50% Garage _ 0 % Driveway /sidewalk - 0 % Landscaping Total 1 - 2 Funding Sources This Previous Month Months YTD Fridley HRA $ 6,562 $ 16,600 $ 23,162 MHFA $ _ $ _ $ Met Council $ _ $ _ $ CDBG /HOME $ - $ _ $ CEE $ - $ _ $ _ Other $ _ $ _ $ _ Total $ 6,562 $ 16,600 $ 23,162 Types of Units Improved This Previous Month Months YTD Single Family 1 1 2 Duplex Tri -Plex 4 to 9 Units 10 to 20 Units - 20+ Units _ Total 1 1 2 Types of Improvements Interior # of Projects % of Total Bathroom remodel _ p %o Kitchen remodel _ p %o General plumbing - 0 %, Heating system - 0% Electrical system _ p %p Basement finish _ p %o Insulation _ p %o Room addition - 0 % Misc. interior projects - 0 % Exterior Siding /Fascia /Soffit - 0 % Roofing 1 50% Windows /Doors 1 50% Garage _ 0 % Driveway /sidewalk - 0 % Landscaping _ p %o 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 January 2005 * Pool Pool Pool Pool Deferred Installment Installment Deferred Loans Loans Loans Loans Total - 2,197.12 21,967.70 - 24,164.82 - 933.94 2,335.26 - 3,269.20 - 3,131.06 24,302.96 - 27,434.02 31,500.66 182,515.48 593,965.79 13,355.92 821,337.85 7 17 51 3 78 41,876.80 5.00% $ 476.00 $ 26,958.02 " January Information Received February 4, 2005 % Of Delinquent Delinquent Delinquent Delinquent Loans Payments Principal Principal 1.00 $ 549.32 $ 25,159.76 3.00% 2.00 $ 276.50 $ 14,249.78 1.70% 2.00 $ 2,285.33 $ 2,467.26 0.30% Total 5.00 $ 3,111.15 $ 41,876.80 5.00% " January Information Received February 4, 2005 A� W V _ I 'O A a■ VI W w� NW ■w/ V V/ O a � N i N � L � CL Um LL O N C 'O d d o m E d C T O T QU Q N t i N O C d d N O d T O T Q Co • Q N E j i U— = N p N N C 'C >, O CL > U O cu -1)L.L2Qm3�Qa)0z0 C o m O N t i N O N N d d E d O O :t aU Q N C 'O d d E 7 C 'Q d O d CL a (n Q • L (D Cc ID • c CO C �2 >.rn > tD U �L ��L2Q2<woz 0 O N IT IT O O O � V � O E � o O a CL to CO R O R � 3 O V � � Q O = o �O a CL 1 � 7thAnnuaf%orth �44etro 9 ome and Garden Show When: Saturday, March 5, 2005 ill Time: 9:00 am until 2:00 pm — Free Admission! Where: The New Schwan Center Go(d'Sponsor. Silver Sponsors: *(CEE Financial Resources Questions? and uarve Contracting -We S~ wbow the New' Call Paul Bolin, City of Fridley, 763- 572 -3591 (next to the Schwan Super Rink at the National Sports Center) 1700 105th Avenue Northeast Blaine, Minnesota What: Local specialists providing everything you need — including inspiration and financing — for remodeling or improving your home and yard. Bring your questions and projects to the experts! Featuring: Educational Seminars at 10:30 and 12:30 on the following topics: • Questions & Answers for Yards and Gardens • Kitchen Cabinet Refacing • How to Organize Your Garage lDoor (Prizes: Register to win one of several great door prizes! Sponsors. Cities of: Blaine • Fridley • Mounds View • New Brighton Go(d'Sponsor. Silver Sponsors: *(CEE Financial Resources Questions? and uarve Contracting -We S~ wbow the New' Call Paul Bolin, City of Fridley, 763- 572 -3591 FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY March 3, 2005 1. Target NOC As mentioned briefly in the Parking Study memo, the listing agents for Target have informed staff that they are beginning negotiations with an investor interested in purchase of the property. They are unable to disclose who the investor is at this time, but did say that the investor would most likely convert the building into a multi - tenant office building. I will keep you updated as their negotiations move forward. 2. Tiro Industries The City received notice on January 17"', 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.tiromc.com) is a developer and manufacturer of health and beauty products as well as personal care, specialty cleaning and other novelty products. Scott and I spoke with one of the buildings owners on February 10`''. The building is owned by the JTL group, an investment group led by Jerry Troolien. They have not yet received any notice from Tiro as to when Tiro plans to cease all operations in Fridley and vacate the building. JTL group does not anticipate this property will sit vacant for an extended period of time due to its prime location. JTL group is actively looking for a replacement business on the site & has even considered demolishing the building & building new to attract the right tenant. At this point they envision a "corporate headquarters" being located on the site and have been speaking with medical device manufacturers. 3. Columbia Park Parking Columbia Park recently submitted documentation of the money they have invested in their property, as required by the original development agreement. Staff is currently wading through the information and will have more to report at your April meeting. We also anticipate that Columbia Park will formally request assistance with their parking lot reconstruction sometime within the next month. 4. Cattle Company Building The rumor, based on a number of calls to the Planning Department is that CVS Pharmacies will be tearing down the Cattle Company building and constructing a store on the site. We are expecting an official announcement and building permit applications any time. 5. Columbia Arena City staff has met with representatives from the National Sports Center (NSC). The NSC is exploring the possibility of selling the Columbia Arena. They plan to build additional ice sheets at the Schwan's Super Rink, and no longer need the Columbia Arena. This may present an opportunity for the City / HRA to determine the re -use of the site. Staff will provide more details after the March 3rd meeting. 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 a 7 r! CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY FEBRUARY 3, 2005 CALL TO ORDER: Chairperson Commers called the February 3, 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: Scott, Hickok, Community Development Director William Burns, HRA Executive Director Paul Bolin, Assistant HRA Director Paul Eisenmenger, Accountant Rebecca Brazys, Recording Secretary APPROVAL OF MINUTES: January 6, 2005 Commissioner Schnabel asked for the following corrections: Page 2 - 4th Paragraph remove the word "the." Page 2 - 3rd Paragraph from bottom of page, second to the last sentence, change "what" to "why ". MOTION by Commissioner Gabel, seconded by Commissioner Holm, to approve the minutes as amended. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. CONSENT AGENDA • Consider claims and expense MOTION by Commissioner Schnabel, seconded by Commissioner Holm, to approve the consent agenda as presented. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — February 4, 2005 Page 2 of 6 ACTION: • Contract for services — agreement between HRA and City Mr. Bolin stated the changes requested by the HRA at their previous meeting have been made. Staff recommends approval of the contract. Mr. Bolin also explained that the concerns regarding insurance have been addressed. The HRA members are covered by an endorsement on the City's policy. The language regarding insurance coverage has been clarified in the contract and now reads "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." Another concern regarded what types of claims the HRA could have exposure to that are not covered by the $300,000 municipal tort limit. Information gathered by Mr. Pribyl show that claims that aren't covered by that tort limit include civil rights suits and inverse condemnation suits that arise out of the regulatory taking. The City and HRA do have resources in place that would cover in excess of those tort limits provided the commissioners were not acting outside the scope of their duties, with malfeasance, willful neglect or bad faith. Another option is to purchase additional insurance coverage at an annual cost of $37,000 for excess liability coverage. Chairperson Commers stated that as he understands it, the City has $1,000,000 coverage for certain types of actions. If there's a claim over that figure, the City will indemnify the HRA members as long as they were acting within the scope of their responsibilities. He suggested the provision in Paragraph 3C of the contract have a sentence added to that affect. There's no provision in the contract for the City to indemnify the members. Commissioner Meyer questioned the provision in Paragraph 3C for the replacement of the Executive Director and Assistant Executive Director. He didn't think the directions were clear as to how this will be handled. The other Commissioners had no concerns with this section. Commissioner Schnabel questioned if there is a cap on an award that could be given against the City. Chairperson Commers stated one possible situation where there would be no cap would be an inverse condemnation. Mr. Pribyl stated he believes the City has an indemnification responsibility just by the mere fact that the HRA members are agents of the City. After some discussion, it was decided that the contract should include language to indemnify the HRA members. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — February 4, 2005 Page 3 of 6 Dr. Burns suggested the following be added to the contract, Paragraph 3C, "The City will indemnify the Commissioners for losses in excess of the insurance coverage if they are incurred within the scope and course of their work. This indemnification shall not be extended to acts of malfeasance, willful neglect or bad faith." Commissioner Meyer in Paragraph 3C suggested the language be changed to remove the words "to ensure" and simply stated that "It shall be the responsibility of the City to provide insurance policies and workman's compensation policies..." Commissioner Schnabel commented that she is bothered by the use of all the "him's and her's" but is not asking that it be rewritten. MOTION by Commissioner Gabel, seconded by Commissioner Meyer, to amend the contract as follows: Amend Paragraph 3C to read "Liability for injury or damage shall be the responsibility of the City to provide insurance policies and workman's comp policies that cover the professional and clerical staff and Commissioners when doing work for the Authority." And add to Paragraph 3C "The City will indemnify the Commissioners for losses in excess of the insurance coverage if they are incurred within the scope and course of their work. This indemnification shall not be extended to acts of malfeasance, willful neglect or bad faith." UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. MOTION by Commissioner Holm, seconded by Commissioner Gable, to approve the contract as amended. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. INFORMATION ITEMS: • Update on Gateway West Mr. Bolin explained that staff has made an offer to purchase the 4 -plex at 5955 3rd Street for $275,000. They are still waiting for a response from the owner. Staff has prepared a resolution for the HRA's approval that would approve the execution of the purchase agreement as it's presented. This would allow the sale to proceed prior to the March 3rd HRA meeting. For the property at 271 57th Place, Mr. Bolin stated staff has been in contact with the property owner regarding the list of comparable properties. The owner's son contacted staff just prior to this meeting with a counter -offer seeking $100,000 more than the initial offer. Staff recommends the HRA make one final offer based on the most recent comparables. If an agreement is not reached in time for the March meeting, staff recommends that at that time the HRA considers moving forward with the Gateway HOUSING AND REDEVELOPMENT AUTHORITY MEETING — February 4, 2005 Page 4 of 6 West project either by designing around this property or possibly considering condemnation. They're hoping to come to some agreement with the property owner within the next two weeks and avoid either of those alternatives. He further explained that there has not been an offer made since last summer and the owner did not counter offer until tonight. Before a decision is made to design around it or consider condemnation, a final offer should be made based on the most recent comparables. He explained that he has told the owner that the next offer from the HRA will be the final offer. Commissioner Gabel suggested the HRA state in a motion that one final offer will be made and then they will move forward. The HRA has been after this property for a long time and is now anxious to see the Gateway West project proceed. Also, it was previously determined that this project can move forward without the property at 271 57th Place. Commissioner Schnabel agreed with Commissioner Gabel's suggestion. Commissioner Meyer asked the amount of the initial offer. Mr. Bolin stated it was $149,000 and the appraisal was $119,000. Wilson Development found a comparable property at $149,000. He explained the process is the offer is based on the appraisal plus the relocation benefits of the difference between the appraisal and the comparable property. The counter offer from the property owner is $249,000. MOTION by Commissioner Schnabel, seconded by Commissioner Gabel, to authorize the staff to make one final offer based on a current comparable and set a deadline for that offer to be accepted or rejected by the property owner with ample time prior to the March HRA meeting. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. For the four -plex at 5955 3rd Street, Mr. Bolin explained the property owner does have a purchase agreement from the City in their hands. What this resolution does is approves the offer the staff has made and the purchase agreement prepared and would allow Dr. Burns and Chairperson Commers to sign off on any documents necessary to proceed with the sale prior to the March meeting. Commissioner Meyer asked if the staff will be negotiating further with the property owner. Mr. Bolin explained it is his belief that an offer has been made that the property owner will most likely accept. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — February 4, 2005 Page 5 of 6 HRA Attorney Gay Greiter explained that what this resolution is doing is attempting to speed things up. As long as the final purchase agreement is in substantial conformity to what is included in the members' packet, this resolution is authorizing staff is authorized to go ahead. They're not anticipating a higher price and are not inclined to pay a higher price. If there is a substantial change, staff will come back before the HRA, but if there's an insignificant change this resolution would authorize staff to proceed. She further explained that this property owner has been extremely hard to get in touch with for a period of many months. Finally after being notified that the HRA had authorized condemnation, the property owner's broker contacted staff and said he is interested in selling. This resolution would simply save time by authorizing the staff to proceed. Chairperson Commers stated as long as there is no major difference, this should be fine. Commissioner Meyer questioned the definition of a major difference. Mr. Bolin commented that since condemnation has already been authorized on this property, the offer for $275,000 is a follow -up offer and he believes the seller is anxious to work out an agreement with the City. Dr. Burns stated another option would be to call a special meeting if the HRA does not feel comfortable with approving the resolution. Commissioner Holm asked if it is better to simply approve the resolution based upon what has been presented, an offer of $275,000, to lock in the dollar amount. If there are other details that would be within the scope of staff and the chairman to work out. Mr. Hickok stated that is a valid option. Commissioner Holm stated he would feel more comfortable approving the resolution based on the terms presented and if there are other changes, staff could call the HRA back for a special meeting. MOTION by Commissioner Holm, seconded by Commissioner Meyer to approve the resolution to authorize the staff to go forward with a purchase agreement and execution at $275,000 (for 5955 3 I Street) with collateral terms that could be negotiated, but not on the price. And if that isn't satisfactory, staff would have to come back before the HRA. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — February 4, 2005 Page 6 of 6 Update on CDBG Mr. Bolin reported that the Community Development Block Grant application was submitted to Anoka County before the deadline with a request for $167,000 for the Gateway West project. He spoke with Anoka County earlier this week and they indicated they're going to recommend to approve at least a portion of the City's request. Staff should have a final answer by the middle of April. • Monthly Housing Report Mr. Bolin briefly reviewed the summary with little activity since it's the first month of the year. There was one loan for $16,600 for a single family property to purchase new windows and doors. As of the end of December there were four delinquent loans out of a total of 78 loans and the delinquency amounts to $2,500. The Operation Insulation advisor completed two weatherization projects started in December and there was one call in January for the Remodeling Advisor. To get more information out to the public, he explained they have worked with Dr. Burns for an ad in the City newspaper and on the cable channel as well. Mr. Bolin reported that the Home & Garden Fair will be held from 9:00 a.m. to 2:00 p.m. on March 5 at the Schwan Center at the National Sports Center in Blaine. Non - Agenda Update Mr. Bolin reviewed the non - agenda items. He explained that the owner of the Tiro Industries building did contact City staff and indicated they do have plans for the building being vacated by Tiro. ADJOURNMENT: MOTION by Commissioner Schnabel, seconded by Commissioner Gabel, to adjourn. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING ADJOURNED AT 8:35 PM. Respectfully submitted by, Rebecca Brazys Recording Secretary