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HRA 04/07/2005 - 6200CITY OF FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY MEETING Thursday, April 7, 2005, 7:30 P.M. AGENDA LOCATION: Council Chambers (upper level) CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: March 3, 2005 CONSENT AGENDA: Consider Claims & Expenses .......................................................... ............................... 1 INFORMATION ITEMS: SE Quad Parking Study Update ....................................................... ............................... 2 GatewayWest Update .................................................................... ..............................3 Home and Garden Fair Update ......................................................................... ............................... 4 MonthlyHousing Report .................................................................... ..............................5 ADJOURNMENT: MY OF FRIDLEY AGENDA ITEM HRA MEETING OF APRIL 7, 2005 Date: MARCH 30, 2005 To: William Burns, HRA Executive Director From: Paul Bolin, Asst. Executive HRA Director Subject: SE Quad Parking Study - Update M -05 -25 INTRODUCTION A contract was awarded to the engineering firm of Bonestroo, Rosene, & Anderlik (BRA) to conduct a future parking needs analysis for the SE quadrant of Mississippi and University Avenue. BRA has been conducting parking counts over a number of days to identify peak demand times and locations. Additionally, BRA has engaged in a number of conversations with the representatives of all four properties to further analyze their potential parking needs. BRA expects to finish the parking counts early next week and expects to provide staff with a draft report of the study by the middle of April. Staff will bring the study results and recommendations forward at the HRA's May 5th meeting. It is hoped that this study will aid the HRA in determining if an early sale of the Target NOC parking lot is desirable. H:\—Paul's DOCUments\HRA\HRA Agenda Items\2005\April 7, 2005 \April7HRA(ParkingStudyUpdate Memo).doc AM AGENDA ITEM OF HRA MEETING OF APRIL 7, 2005 FRIDLEY Date: March 30, 2005 pf To: William Burns, HRA Executive Director From: Paul Bolin, Asst. Executive HRA Director Subject: Gateway West Update — Hogenson Property & Harvet Property M -05 -26 Hogenson Property 5955 3nd Steet Great news! We closed on the property on Thursday, March 31St. The final price (with closing costs & title work) was $277,422.50. Harvet Propert y On March 4, 2005 staff sent a letter giving the Harvet's, at their request, until April 1 to accept or reject the HRA's final offer for the purchase of 271 57th Avenue. The Harvet's responded on March 22 that, in essence they still wanted $249,000 for their property and that they would like more information on relocation benefits. Staff contacted Betty Grimm, of Wilson Development Services, and asked that she get in contact with Mrs. Harvet to answer her questions on relocation. (I have attached Betty's recap of the conversations to your packet). City Staff also spoke with Gary Harvet on two separate occasions over the past week and extended the deadline for an agreement until Wednesday April 6. Staff is still hopeful that an agreement can be reached, but fully prepared to proceed on the project if we are not successful in acquiring the Harvet property. Staff will provide the HRA with more details and the Harvet's decision at the meeting on April 7th H: \— Paul's Documents\HRA\HRA Agenda Items\2005\April 7, 2005\ April7HRA (GatewayWestUpdateMemo).doc FRIDLEY FRIDLEY MUNICIPAL CENTER • 6431 UNIVERSITY AVE. N.E. FRIDLEY, MN 55432 (763) 571 -3450 • FAX (763) 571 -1287 • TTD/TTY (763) 572 -3534 March 4, 2005 Ms. Kathleen Harvet 271 57th Avenue NE Fridley, MN 55432 -5421 RE: Final Offer to Purchase Dear Ms. Harvet: On March 3, 2005 the Fridley Housing and Redevelopment Authority (HRA) met in an executive session to discuss the negotiations related to the potential purchase of your property at 271 57th Avenue NE. As a result of the meeting, and your son Gary's request to keep the HRA's February 10, 2005 offer on the table, the HRA is prepared to keep the following offer available to you until April 1, 2005. If an agreement cannot be reached by that time, the HRA will most likely move forward on the Gateway West redevelopment project without the inclusion of your property. To restate the HRA's final offer, the HRA hereby offers to all parties who may have an interest in the real estate to be acquired, the sum of $189,900.This amount has been estimated to be just compensation for such property -based upon the fair market value of the property and relocation costs based on comparable properties. A summary of the amount set out above as just compensation is as follows: A. Identification of the real property to be acquired. a. PID #233024230013 b. 271 57th Avenue NE, Fridley, MN 55432 B. Type of interest to be acquired,. a. Fee Simple C. Identification of improvements including fixtures which are to be acquired: a. All buildings or other structures b. All special purpose immovable fixtures D. Identification of real property improvements including fixtures not owned by the owner of the land. a. None identified E. Summary of fair market value and offer: a. Land and Improvements $118,000 b. Relocation benefits 71,900 c. Total offer $189,900 - • •1 • 1. �. • • • • •' • • - • qn- This offer is based on a review and analysis of an appraisal of this property by a qualified appraiser and by the identification of a comparable property (for the purposes of determining relocation benefits) by the HRH's relocation consultant. This amount is not less than the approved appraisal of its fair market value. Our appraiser did not consider any increase or decrease in the fair market value that may be caused by the Gateway West redevelopment project under which your property is to be acquired, nor did he consider the likelihood that it would be acquired. Only physical deterioration within your reasonable control was considered in the appraisal. Our determination of just compensation includes relocation benefits based on the identification of comparable properties. Our offer to you is based on fair market value. As defined by the Minnesota State Supreme Court, fair market value of a piece of property is the amount of money in cash which a purchaser, willing but under no compulsion to buy, would pay to an owner, willing but not obliged to sell, with both parties being fully informed. If you decide to accept this final offer, the parcel will be acquired by direct purchase and you will be paid upon satisfactory evidence of marketable title. Please call me at 572 -3591 should you have any questions or if you would like to meet in person for further clarification of the HRA's offer. I will be out of the office until March 14tH Sincerely, i� Paul Bolin, AICP Assistant Executive Director, Fridley HRA cc: David Harvet C- 05-12. KATHLEEN HARVET . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 271 57th Place NE Fridley, MN 55432 March 22, 2005 Paul Bolin, AICP Assistant Executive Director, Fridley HRA Fridley Municipal Center 6431 University Ave. NE Fridley, MN 55432 Dear Mr. Bolin, I am writing in response to your letter of March 4, 2005. I was very surprised to receive your letter extending the final offer deadline for my property until April 1, 2005. Prior to the previous final offer deadline of February 28th, my son Gary requested an extension. There was no response from you to his request, so I delivered a letter to your office declining your final offer on February 28, 2005. To this date, the City of Fridley and the HRA has not addressed the concerns brought forward in my previous letter (copy enclosed). If I am to take your extension seriously, your office must take my previous letter into consideration. A reasonable offer must be made for my property, or the answer is still no. Of concern to me and my family is the below market value appraisal of my property made by your appraiser. The $118,000 for land and improvements is far below the actual fair market value of the property. A one and a half story house with an attached garage on over two city lots is worth much more than the amount that you have offered. Also, I am curious as to what defines the relocation benefits. It almost appears that the City of Fridley and the HRA are using the $71,900 relocation benefits to supplement the money offered for land and improvements. If this is the case, then there are really no relocation benefits. The money offered is only compensation for the land and improvements. Mr. Bolin, please feel free to call and /or write to clarify the definition of relocation benefits and how these benefits relate to my land and improvements offer. In an attempt to further clarify the issues surrounding your offer and my response, my family and I attended the last HRA public hearing on March 3rd, 2005. My property was on the agenda for this meeting. I was very disappointed to have my property taken "off the table" and sent to executive committee. I was also offended to be asked to leave the hearing, and then asked to leave the building. My sons and I arrived at the hearing intending to answer any questions letter and we were prepared to engage in any rea the HRA. In hindsight, it would appear that the the HRA used this behavior to intimidate us. It attend any public HRA or City of Fridley meeting involves my property. regarding our response 5onable discussion with City of Fridley and did not work. I will of my choice that As suggested in your extension letter, the insinuation to move forward with the Gateway West Project without the inclusion of my property is entirely the HRA's decision to make. I am happy with my property and I will enjoy my new neighbors! If you do intend to acquire my property, which is not on the market, please refer to the minimum considerations as outlined in my previous letter. If not, feel free to build around me. Sincerely, Kathleen Harvet 03/26/2005 11:06 9524484676 WILSON DEVELOPMENT PAGE 02 March 28, 2005 The following is a summary of conversations with Mrs. Harvet and her son, Gary. J called them in response to a request from Paul Bolin. 3/24/05 Reached Mrs. Harvet around 5:30 p.m. Told her I was calling in response to their letter dated 3/22/05. She again stated that she did not understand relocation benefits, etc. Asked me to call her son, Gary. I said that I would do that but that the last two paragraphs in her letter states that she still really does not want to move and much prefers to stay where she is, was that correct? She said yes but that she would sell if she "gets her price ". I asked what that was and she said $249,000. 1 told her that the final offer from the City was $189,900 so it really would be a waste of my time and her son's time to pursue this any further. She asked me to call him anyhow at his place of business, and gave me his phone number. I tried that number, no answer, called Mrs. jlarvet back and reported same and said I would try in the morning. 3/25/05 Called and spoke with Gary Harvet. Told hire of my conversation with his mother and that if his understanding is also that she will not consider selling for $189,900 than there really was no sense in continuing the conversation. Gary responded that he might see his way to selling for the $189,900 but that he did not think that was the final offer. I told him that number was not going to change, that the City Council and the HRA have made the firm decision that they will not pay more as they thought it was a very favorable offer. I asked him what he thought the house was worth and Gary said "about $160,000 ". I said that if that was a good number than the replacement housing payment would be $29,900 which would be the difference between his number and the comparable house. He said he understood that but still wanted to know where the relocation money was coming from. I said that was explained in the letter from the City dated 3/4/05 as clearly as can be as closing costs, whether they would do a self.- move /professional move was not yet determined. He again started arguing that I was not answering the question. Asked him if what he wanted to know where the City was getting the money from, and he said yes, said he had to know that before he could accept the offer. Said he had stated this in the letter, I read that paragraph to him. From his letter and he acknowledged that it was not worded that way. Told him I had no clue where the dollars were coming from but would ask the City. Also said that since his mother has been looking for a house for almost a year but has not found anything she likes I doubted that she would find anything in the few days that are left until 4/l/05. Gary said he wanted to pursue this anyhow and I said I would get some listings to him. Asked him if it had to be a single family house, Gary said would consider a townhouse /condo. Then asked if it had to be in Fridley, Gary said no anywhere in the vicinity as long as it was within walking distance to a bus line and grocery shopping. Said I would see what I could find and fax to him Monday. 03/28/2005 11:06 9524484676 �1 .J, L ON DEVELOPMENT SERVICES March 28, 2005 TO: Gary Harvet Fax 763 - 323 -4090 Froze: Betty Grimm Dear Mr. Harvet: WILSON DEVELOPMENT PAGE 03 OFFir-E 952.448.4630 800.448.4630 FAX 952.448.4676 WILSONDEV510 @AOL.COM 510 CHESTNUT STREET, SUITE 200 CHASKA, MINNESOTA 55318 In response to your request, I called the City of Fridley officials and inquired where the money to purchase your mother's house and pay the relocation benefits is coming from. The source of the money is a Community Development Block Grant from Anoka County in the amount of $164,000.00. Any amount to be paid over that is tax dollars from the residents of Fridley. I searched. the Multiple Listing Service website this morning. I am faxing some of the listings posted that may ft your criteria. I believe most of them are close to a bus line. Several of the listings actually say that in the "Remarks" area. I called several listing agents but frankly most of them were not in the office. I did write some notes on the listings I am faxing to you froze. those agents I could reach this morning. The first listing I ate faxing is located at 5612 W. Bavarian Pass in Fridley. I did speak to the listing agent (name is Sharon Hansen). Ms. Hansen said this listing is sold but said that she works the area exclusively and knows of other listings that are close to bus lines, grocery shopping, etc. I do not know Ms. Hansen and I am not in any way referring or recommending her but it might be worth a phone call. If you are already working with an agent then I am sure that you are already aware of the listings meeting the criteria. I can be reached at 952 -448 -4630 if you have any questions. AGENDA ITEM �F HRA MEETING OF APRIL 7 2005 FRIDLEY Date: March 31, 2005 To: William Burns, HRA Executive Director From: Paul Bolin, Asst. Executive HRA Director Subject: Home & Garden Fair — Update M -05 -27 INTRODUCTION On March 5, 2005 the HRA and City co- sponsored the 7th Annual Home and Garden Fair with the cities of Blaine, Mounds View, & New Brighton. This year's show was held at the newly constructed Schwan Center in Blaine. The 1,300 attendees set a new record and was nearly double the amount that attended in 2004. Approximately 130 Fridley residents attended this years event. The new location allowed for a total of 75 vendors and 3 seminars. The seminars were well attended, well received, and very informative. Though the 2005 show is just past, planning for the 2006 show has already started. Now that we have held a successful show in this new location, minor changes will be made to make the 2006 Home & Garden Fair the best yet! H:\—Paul's DOCUments\HRA\HRA Agenda Items\2005\April 7, 2005\Apri17HRA(Home &GardenFairt Memo).doc Fridley HRA Housing Program Summary Cover Page April 7, 2005 HRA Meeting Report Description Loan Application Summary Loan application activity (e.g. mailed out, in process, closed loans) for March 2005 and year -to -date. Loan Origination Report Loan Servicing Report Remodeling Advisor & Operation Insulation Loan originations for March 2005 and year -to -date. Loan servicing by Community Reinvestment Fund (CRF) for the month of February 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. H:\—Paul's Documents\HRA\HRA Agenda Items\2005\April 7, 2005\Housing Program Cover Page (March2005).doc E u-) CD 0 � N co M 0 O '- c6 .2 U. U) = C G � u J C to O C ■ !3 � V G !Z t Qo v N RS c O O F� 2 Z O o. s U) C � lC � J � to C I O I .2 v , CL N O rn 3 •Q . z Q t j N O O O O O O 1 I 11 I ) 4 I �OOOOOOI ■ = M 0 0 0 0 0 0 v c c LL LL U. C 7 0 = c� x� --tti cc LL A 0X==0 t3) U. cwt c � �= E cD O EEc;a > 0 X o o 0 ly- d dtLUx� d taiLQLIaLLaLci x x x x Q _x22220 M N C N M t? 0 H Fridley HRA Loan Origination Report March 2005 Loan / Grant Originations - 0% Kitchen remodel - 0% General plumbing _ 0% Heating system This Previous - 0% Basement finish - 0% Month Months YTD Loans Issued Misc. interior projects 2 1 3 Grants Issued - 0% - - - 2 67% Total 2 1 3 Funding Sources - 0% Misc. exterior projects - 0% This Previous Month Months YTD Fridley HRA $ 15,543 $ 16,600 $ 32,143 MHFA $ - $ - $ - Met Council $ $ - $ - CDBG /HOME $ - $ - $ - CEE $ - $ - $ - Other $ - $ - $ - Total $ 15,543 $ 16,600 $ 32,143 Types of Units Improved This Previous Month Months YTD Single Family 2 1 3 Duplex - Tri -Plex - 4 to 9 Units - - 10 to 20 Units - - 20+ Units - - - Total 2 1 3 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 1 33% Windows /Doors 2 67% 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 February 2005 * Pool Pool Pool Deferred Installment Installment Loans Loans Loans - 1,583.54 4,533.79 - 624.00 2,226.02 - 2,580.89 6,625.69 31,500.66 180,931.94 606,032.00 7 17 50 Total * February Information Received March 7, 2005 Delinquent Loans 1.00 $ 4.00 $ 5.00 $ Delinquent Payments 549.32 $ 2,561.83 $ 3,111.15 $ Pool 3 Deferred Loans 13,355.92 3 Delinquent Principal 25,159.76 16,717.04 41,876.80 Total 6,117.33 2,850.02 8,967.35 831,820.52 77 $ 435.00 $ 8,532.35 % of Delinquent Principal 0.00% 1.29% 5.19% 6.48% 0 �v�I+ 'W V I L O Q (I Ma O E N� I.L O ■� f� ui A C) N � M O m O N C � d d E d C N O O N E CL 0 av Q t/) C 'C d d 7 OHO d .a QU tq • • • Q) L L d d 'O _ U — A L (D >1 CD Q r-+ () > a) L) O 0- Co �IL Q Qco0ZO c O m c O N L N O O N ,= W d d E d OHO QU Q N G 'O d d E 3 (D O 'IT O a Co Q • L L L �c L C rC V; a) C a = L L_ >, O 7— p CL a) a) O ca a) a3 Q Co 7 7 = O V O a) , 2 Q2 -.) -� Q fn 0 Z O LO N N co R t3 t0 O 7 O = Q o d E e C O a CL M CD o co O O O � V � w Q � C O d E e c O a a CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY MARCH 4, 2005 CALL TO ORDER: Commissioner Schnabel called the Housing and Redevelopment Authority meeting to order at 7:30 p.m. ROLL CALL: Members Pesent: John Meyer Virginia Schnabel William Holm Members Absent: Larry Commers Pat Gabel Others Present: Paul Bolin, Assistant HRA Director Rick Pribyl, Finance Director Scott Hickok, Community Development Director David Harvet Gary Harvet Kathleen Harvet APPROVAL OF MINUTES: February 3, 2005 The following corrections were requested: Page 3 — Last sentence — change the word "considered" to "consider". Page 5 - 3rd line from the top, the last 2 words "is authorized" should be deleted because it's repetitive. Page 4 — 5th paragraph — 2nd line "He explained the process is the offer is based" remove the second "is ". MOTION by Commissioner Holm, seconded by Commissioner Meyer, to approve the minutes as amended. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. CONSENT AGENDA • Consider claims and expense HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 2 of 9 MOTION by Commissioner Holm, seconded by Commissioner Meyer, to approve the consent agenda as presented. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. ACTION: Mr. Bolin explained that the HRH's legal counsel has advised that the discussion on the action items for Gateway West on tonight's agenda be discussed in an executive session because the HRA is in negotiations on those items. MOTION by Commissioner Holm, seconded by Commissioner Meyer, to remove the Gateway West action items from tonight's agenda and discuss them during an executive session. Commissioner Holm stated the Harvets are present regarding one of the Gateway West items. Commissioner Schnabel explained that because the HRA will be discussing pending negotiations and pricing it would be better to do so during an executive session rather than a public forum. Commissioner Meyer asked if the Harvet's could make any comments they may have at this time prior to the executive session. HRA Attorney Gay Greiter stated that would be fine. Gary Harvet asked if there is a timeline on the executive session and how soon the HRA will be prepared to discuss this publicly. Mr. Bolin explained the executive session will be taped and any decisions will be made announced in a public meeting. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. Target NOC — SE Quad Parking Study RFP's Mr. Bolin stated this is a proposal to do a parking study in the southeast quadrant which consists of the Target Northern Operations Center, the Fridley Municipal Center, the Fridley Plaza building to the south of City Hall and the Columbia Park Medical Group building to the south. Since the HRA discussed the possibility last summer of selling the Target Northern Operations Center parking lot, there's been continued interest by potential buyers of that property to own and control that parking lot. There is a development agreement from 1984 between the HRA and Target that gives the HRA HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 3 of 9 the right to construct a ramp on that property through the year 2014 at which time Target would then be obligated to purchase that lot. The possibility of a parking ramp on that site has caused concern for potential buyers of that lot. Last summer a credit union expressed an interest in this site and proposed constructing a stand -alone drive - through in the middle of the parking lot which would have eliminated the HRA's ability to construct a parking ramp without removing that building. Before agreeing to give up the right to constructing a parking ramp, the HRA should know what the future parking demands would be for the area. Last November, a cursory study of the entire quadrant was done and it showed that we were approximately 100 parking stall short. Because this study simply looked at existing parking needs, staff thought it would be necessary before a final decision is made to do a proper parking study of the entire area. Mr. Bolin explained that staff sent out requests for proposals to six different firms that specialize in parking studies and received three good proposals. The costs range from $7,600 to about $13,000. Staff recommends that the HRA authorize staff to enter into a contract with Bonestroo, Rosene, Anderlik & Associates (BRA) to allow them to move forward with the traffic study at a cost not to exceed $7,680. The City has a long history with BRA and the city engineering staff is familiar with their work and has always been very pleased. The team that BRA has put together in partnering with Traffic Data, Inc. gives them the experience and project depth to give the city a top quality product. The study will answer the questions necessary for the HRA to decide about future parking demands and whether or not a parking ramp on the Target site or elsewhere on the quadrant is advisable. Once that question is answered, the HRA can give Target an answer that will make their negotiations with potential buyers much easier. Commissioner Schnabel asked if there has been any discussion about who the users are of the 100 parking stalls we are currently short. Mr. Bolin responded that the question Ms. Schnabel is asking is something that the staffs cursory study missed. The 100 stall shortage they identified was based on the way the buildings are used with regards to what would be required by the zoning code for parking. What this proposed study by BRA will do is break down each of the four buildings in the quadrant by current users and potential users. Commissioner Schnabel asked the potential of putting a ramp on another piece of property, such as the Fridley Professional Building or the Columbia Park Medical building site. Mr. Bolin responded that is a possibility. He referred to a file he and Mr. Hickok had recently reviewed regarding the consideration in 1985 for a parking ramp on the Columbia Park Medical property; one on the east side of the building and one on the west side. There weren't any minutes as to why this proposal did not move forward. The proposed ramps would have had 110 parking stalls on each level and would have doubled the parking. The HRA owns the western most 135 feet of Columbia Park's parking lot which leaves close to 150 feet of parking lot which Columbia Park owns itself so it would have to be a joint venture between the two to make a ramp happen. They've HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 4 of 9 also looked into the possibility of adding a level to the existing parking ramp at City Hall. The engineering staff is looking through some of the old records to determine if it is possible to add another level, but their initial reaction was that it probably is not possible. Commissioner Schnabel commented that if a majority of the cars are going to the other buildings, it would probably not be practical to add to the municipal parking ramp. Mr. Bolin stated these are all issues that BRA would look at as a part of their study. MOTION by Commissioner Meyer, seconded by Commissioner Holm, to grant this contract to BRA. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. INFORMATION ITEMS: Update on CDBG Mr. Bolin reported that the Community Development Block Grant application was submitted to Anoka County on January 12th in the amount of $167,600 to aid in the Gateway West acquisitions. Over the past month the Anoka County staff recommended that Fridley be awarded $164,889. This award is subject to approval by the Anoka County Board at their April 26th meeting. Fridley came out rather well considering there were 17 applications seeking $1.9 million with only $968,000 available to distribute. Monthly Housing Report Mr. Bolin explained that the City Manager wrote a very nice article in the upcoming newsletter promoting all the City's loan programs and the Operation Insulation and Remodeling Advisor Services as well which should generate quite a few calls. In February, he explained there were 3 applications sent out with none received back. Year -to -date 5 applications have been sent out, 1 has been processed and 1 loan has closed. The year -to -date total loaned out is $23,162. The types of improvements these loans funded include roofing and windows and doors. There is approximately $3,000 in delinquent loans at this time. The Operation Insulation program visited 4 different homes in February. The Remodeling Advisor will be at the Home and Garden Show on March 5th Home and Garden Fair Reminder Mr. Bolin reviewed the details of the upcoming Home and Garden Fair scheduled for March 5, at the Schwann Center from 9:00 a.m. to 2:00 p.m. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 5 of 9 Commissioner Meyer repeated his concern that the loan programs, operation insulation and remodeling advisory programs are not being well utilized by Fridley residents. Mr. Bolin stated at the January meeting he presented a graph comparing Fridley's program participation to other cities and based on information from the Center for Energy and Environment Fridley loans out more money and more loans than any other city than Coon Rapids. He believes that once interest rates begin creeping up in the private market, there will be more interest in the City's program. In 2004, there were 16 loans processed through the revolving loan fund which is up significantly from the 4 loans processed in 2003. Commissioner Schnabel commented that the HRA has discussed the possibility of doing a targeted mailing to older areas of the city with information about the home improvement and loan programs the City offers. Mr. Bolin stated that the city has the ability with the Geographic Information System to select properties based on age. ADJOURNMENT: MOTION by Commissioner Holm, seconded by Commissioner Meyer, to adjourn. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. The HRA then went into an executive session to discuss Gateway West Harvet and Hogenson property acquisition negotiations. Respectfully submitted by, Rebecca Brazys Recording Secretary NOTE: During the executive session, the following items were discussed which did not involve Gateway West property purchases and are included herein for the record. Columbia Arena Mr. Hickok stated City Staff has spoken with Paul Erickson, the executive director of the Minnesota Amateur Sports Commission. He has indicated that Columbia Arena's two sheets of ice are in rough condition and after an analysis they concluded that it would require a $2 million investment to keep the facility viable. After further analysis, the Commission has decided that if they are going to make that much of an investment, HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 6 of 9 they would prefer to create two new rinks at the super rink in Blaine. In the spirit of cooperation with the City, they have asked the City to talk about what the City would like to see at this site. They would like to keep the building if someone would come forward with the money. They are also open to other options including redeveloping the property themselves, sell the property to a private developer, or sell the property to the City. During the City Staff's discussions with the Minnesota Amateur Sports Commission, the following possible uses of this property included a community activities site, conference center, heavy industrial site, a light industrial site, a hotel conference center, community pool / water slide, fire station, a public works facility, a new City Hall complex, condos or apartments. The land surrounding it, including the soccer field complex, there would be a total of about 36 acres. They discussed moving the public works facility to the Columbia Arena facility, creating a newer and larger facility, and then redevelop the area behind as residential. The suggestion to create a new City Hall complex included a community center facility, a possible link to a fitness facility. Another suggestion was to move the softball fields across University to the Columbia Arena property (because of drainage problem on the fields) then building a new single family development on the community park site. They also talked about possibilities should the property be sold to a private developer. If that occurs, a rezoning would be required. The public is currently public, owned by Anoka County, in a P zoning district. In the event that it doesn't remain a public property, it would go back to what the zoning was prior to it being public, which was heavy industrial. Heavy industrial would then be the designation for the site and it could be developed as heavy industrial or it could be rezoned for redevelopment under the F -2 zoning. The City would need to relocate the park property, relocating soccer fields, redesigning the park and possibly creating a neighborhood park. Or possibly pursue parking on the Columbia Arena site for the soccer fields. Another part of the discussion centered on rezoning for high density housing and what would happen on this site, possibly including a mix of housing and retail such as a liquor store. Mr. Hickok further explained that with single family housing, 48 units is all that would fit on the site with 9,000 square foot lots. Or another option would be to let the developer figure out what the market is and let him propose a zoning change and avoid contact with the City until they come back before the Commission with a proposal. Mr. Hickok stated another issue is whether or not the HRA would be willing to set up a TIF district for the F -2 option. Staff has not yet consulted with the HRA attorney whether a TIF district is possible on a property that was public. Another possible use for the site would be. a professional office park, such as Columbia Park developing this as their new medical site. Mr. Hickok stated that staff is not requesting any action by the HRA at this time but is simply looking for feedback. A two to four year timeframe is anticipated for completion of the new ice sheets in Blaine. Commissioner Holm asked what the price tag is for the property. HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 7 of 9 Mr. Hickok responded they don't know what the value of the property is at this point in time. They know what they'd have to put into the facility to make it functional and that it will cost between $10 to $12 million for the two new sheets of ice in Blaine. They plan to use the proceeds from the sale of the Columbia Arena property for the new ice. Staff encouraged the Minnesota Amateur Sports Commission to meet with the organizations and schools that currently use Columbia Arena and with the surrounding neighbors so they are informed before they begin hearing rumors. They hope to offer the current Columbia Arena users the same amount of ice time at the new facility. Commissioner Meyer questioned how they hope to raise $10 to $12 million for new ice when they can't come up with the $2 million to improve Columbia Arena. Mr. Hickok stated if the HRA is interested in pursuing this matter, the staff can begin to pin down specific information such as what the value of the land would be. Commissioner Holm expressed his opinion that the Columbia Arena property would be a good location for residential development, with possibly condominiums or town homes along University Avenue and single family homes to the east around the creek. Commissioner Meyer pointed out that in 1966, there was some discussion about utilizing the Columbia Arena property for a new city hall location but that was not successful. Mr. Hickok stated that the new city hall suggestion was just part of their brainstorming session with the thought of having all city government facilities on one campus. Commissioner Meyer commented that as far as the suggestion for an office building site, the former Target Operations building just north of City Hall has been empty for a while. Commissioner Holm expressed his opinion that the expanded community center with a fitness center probably would not fly very well in today's tax environment and there are two large fitness centers in the City. 190 and 191 Island Park Drive Mr. Bolin stated this past week it came to the City Manager's attention that 190 and 191 Island Park Drive which are both 12 unit apartment buildings and are coming up for sale. That area does have blighted apartment units and a number of the units are vacant at this time. There is also a rumor that three similar buildings on Charles Street will soon be for sale. The City Manager met with a number of staff people yesterday to discuss this area and the possibilities for these properties. They also discussed what the public purpose for acquiring these properties would be and the major reason would be to eradicate crime. Because of the location and layout of this area the police department has had many problems including stolen vehicles found in the area. Another public purpose for purchasing this property would be to increase the tax base over the aged buildings that are there now, improve the housing stock in the area, HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 8 of 9 eliminate safety and health problems, capitalize on the location close to the North Star rail site. It's also located near the river and has convenient freeway access. Another purpose would be to establish a toe -hold in this area for future redevelopment and improvements. Some suggestions as to what could be done with these properties include letting the private market run its course; rehab the property with the HRA getting involved in managing the buildings; tear down and build new; sell the property to a private developer; work on purchasing all the properties in this neighborhood as they become available; aggressively pursue the purchase of all the units in this area and use bonds to cover the costs of doing so. Staff came to the consensus that it would be a good idea to purchase 190 and 191 Island Park Drive to get the toe -hold in this area so the City can get more work done down the road. They also determined that the City should investigate purchasing other properties in the area and then tear the buildings down and eventually work with a developer to create a mixed use, mixed income, mixed occupancy project. A project that would include some retail as well as residential aspects and a mix of market rate, owner - occupied and subsidized rental would be a good mix and to replace the affordable units that would be lost by demolition of the existing buildings. They also brainstormed on why the City should do this project. Right now, interest rates on bonds are very favorable. Also there is an opinion that the return on land would be more than keeping the money in the bank at this point. Right now 190 and 191 have very high vacancies so there would be very low relocation costs. Only 3 of the units are rented at this time. In addition there is Met Council money available now for mixed income and transit oriented projects so the City may get some assistance in acquiring the properties. This project would also be an image enhancer for the City. It would also open up the river and there currently isn't a lot of access to the river in Fridley. Mr. Bolin explained that staff and Dr. Burns thought it would be best to bring this matter to the HRA's attention to request permission to explore the potential purchase of some of the properties in the Island Park Drive area. Staff would not enter into any agreements but would like the HRA's permission to investigate what the costs would be associated with this property; what the sale prices would be for some of these properties; find out if there is interest by the owners to sell some of the properties; identify relocation costs and discussing with Anoka County the possibility of working with them on improvements on the park in the area. Dr. Burns will also present this matter to the City Council at their next meeting and ask for their input. Commissioner Holm stated it is his understanding that the purchase price of these buildings is about $700,000 each. Also, these two buildings are somewhat removed from East River Road. If the HRA is interested in pursuing this, they'll probably be looking at purchasing as many as six buildings in that area for a redevelopment project. Commissioner Meyer agreed that there could be as many as six buildings or more involved and questioned the wisdom of investing heavily. Mr. Hickok stated the best looking units are on the East River Road side of this complex. Staff would give the two buildings closest to East River Road a B rating which HOUSING AND REDEVELOPMENT AUTHORITY MEETING — March 4, 2005 Page 9 of 9 isn't bad considering that 190 and 191 Island Park Drive would be D or F rated. One of the reasons Islands Peace Park in that area isn't frequently used is because some residents consider it to be a dangerous neighborhood. Also in that neighborhood there are code enforcement problems all the time and frequent police calls. Commissioner Schnabel stated she would like to see the HRA purchase all this property, clear it all out and then build nice condominiums and town homes. But she is concerned about where the money is going to come from and once the HRA attains these properties, will the HRA have to become the landlord and deal with all the problems. She did ask Mr. Bolin to proceed with exploring this matter further. Gay Grieter, HRA attorney, offered to prepare a brief analysis of the kinds of revenues the HRA would be looking at if they want to create a TIF district for this property. She added that some of the problems incurred by other cities that tore down dilapidated, fairly close buildings like this and put up nice condos or town homes is that the relocation costs "eat you alive ". To the extent that the HRA can afford to purchase these properties as they come up for sale when occupancy rates are low, that would save those relocation costs. However, to the extent that not all of the existing properties are in terrible condition that keeps the assessed value base deducted from your renewed taxes to keep your tax increment, that ends up being pretty high which can eat into the tax increment and reduce revenues. It would probably be worthwhile before staff goes much further on this matter to consider what the HRA hopes to build on that site, what they can sell it for and what the costs would be. If there's a significant gap, the HRA can then determine whether or not to proceed. MOTION by Commissioner Holm, seconded by Commissioner Meyer, to adjourn. UPON A VOICE VOTE, ALL VOTING AYE, COMMISSIONER SCHNABEL DECLARED THE MOTION CARRIED UNANIMOUSLY. ubmitted ecca Brazys Recording Secretary