HRA 09/06/2007 - 6213September 6, 2007
HRA Meeting
Regular Meeting Agenda
6.00 p.m.
City Hall, Council Chambers
Call to order
Roll call.
Action Items
1. Approval of expenditures
2. Approval of August 9, 2007 Meeting Minutes
3. Approval of 2007 Tax Levy for Taxes Payable in 2008
Informational Items
1. City Comprehensive Plan Update
2. Monthly Housing Report
Ad
joumment
Please note 6 PM start time, in order to not
conflict with University Avenue Corridor
Planning Meeting @ 7PM
H:\—Paul's DOCUments\HRA\HRA Agenda Items\2007\September 6, 2007\September 6 -2007 Agenda Outline.docM- -Paul's
Documents\HRA\IiRA Agenda Items\2007\September 6, 2007\September 6 -2007 Agenda Outline.doc
COMMUNITY DEVELOPMENT
DEPARTMENT
gi
w HOUSING AND REDEVELOPMENT AUTHORITY
Memorandum
DATE: August 16, 2007
TO: William W. Burns, City Manager
FROM: Paul Bolin, Assistant Director of HRA
Mike Jeziorski, HRA Accountant
SUBJECT: Consider HRA Tax Levy for Taxes Payable in 2008
Since 1996, the HRA has utilized a tax levy to help support its housing rehabilitation
programs. The levy is equal to .0144% of the taxable market value of all real estate and
personal property in the City. The 2008 tax levy will allow the Authority to collect
approximately $377,000. In terms of the impact on taxpayers, the levy would cost $28.80
per year for a home valued at $200,000 and $144.00 per year for a commercial property
valued at $1,000,000.
This tax levy was originally implemented to help fund the HRA's revolving loan
program. In 1997, the City made a loan of $1.5 million to the HRA to capitalize the loan
fund. In turn, the tax levy was used to make the debt service payments. The principal
balance of the loan is now $348,441.
State Statutes require the consent of the City Council, prior to the tax levy becoming
effective. The City Council will act on this item on September 10th . As a final note, the
HRA tax levy must be certified to the County Auditor by September 15, 2007.
Recommendation
Staff recommends that the Authority approve the attached resolution at their regular
meeting on September 6, 2007.
Attachment
M \-- Patil's Documents\HRA\HRA Agenda Items\2007\s tember 6, 2007\2008HRA Memo (HRA Tax Levy).doc
HRA RESOLUTION NO. 2007 - XX
A RESOLUTION ADOPTING A 2007 TAX LEVY
COLLECTIBLE IN 2008
BE IT RESOLVED by the Board of Commissioners (the "Commissioners ") of the Housing
and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority "), as
follows:
Section 1. Recitals.
1.01. The Authority is authorized by Minnesota Statutes Section 469.033 to adopt a levy on
all taxable property within its area of operation, which is the City of Fridley, Minnesota
(the "City")
1.02. The Authority is authorized to use the amounts collected by the levy for the purposes of
Minnesota Statutes Sections 469.001 to 469.047 (the "General Levy ").
Section 2. Findings.
2.01. The Authority hereby finds that it is necessary and in the best interests of the City and
the Authority to adopt the General Levy to provide funds necessary to accomplish the
goals of the Authority.
Section 3. Adoption of General Lever.
3.01. The following sums of money are hereby levied for the current year, collectible in 2008,
upon the taxable property of the City for the purposes of the General Levy described in
Section 1.02 above:
Total General Levy: .0144% of Taxable Market Value
Amount: Maximum Allowed by Law
Page 2 — Resolution No.
Section 4. Report to City and Filing of Levies.
4.01. The Executive Director of the Authority is hereby instructed to transmit a certified copy
of this Resolution to the City Council for its consent to the General Levy.
4.02. After the City Council has consented by resolution to the General Levy,. the Executive
Director of the Authority is hereby instructed to transmit a certified copy of this
Resolution to the County Auditor of Anoka County, Minnesota.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY, MINNESOTA THIS 6t' DAY OF SEPTEMBER,
2007.
LAWRENCE R. COMMERS - CHAIRPERSON
ATTEST:
WILLIAM W. BURNS - HRA DIRECTOR
G: \WPDATA \F \FRIDLEY \05 \HRA LEVY \DOCS \HRA RES - 2003.DOC
Fridley HRA
Housing Program Summary
Cover Page
September 6, 2007 HRA Meeting
Report Description
Loan Application Summary Loan application activity (e.g. mailed
out, in process, closed loans) for
December `05 and year -to -date.
Loan Origination Report
Remodeling Advisor &
Operation Insulation
Loan originations for December 2005
and year -to -date.
Shows the number of field appointments
scheduled and completed the Operation
Insulation and Remodeling Advisor
Services administered by Center for
Energy and Environment.
AA— Paul's DocumentsTRAU-IRA Agenda Items\2007\.September 6, 2007\Housing Program Cover Page(sepo7).doc
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Fridley HRA
Loan Origination Report
August 24, 2007
Loan Oriainations
This
Previous
Month
Months
YTD
HRA Loans (incl. CFUF Dicscount loans)
1
5
HRA Deferred Loans
6
Other Loans (non -HRA)
3
3
Total
1
8
9
Funding Sources
This
Previous
Month
Months
YTD
Fridley HRA
$ 6,504.00
$
14,849.59
$ 21,353.59
MHFA
$ -
$
27,862.00
$ 27,862.00
Met Council
$
$
_
$
CDBG /HOME
$ _
$
_
$
CEE
$ -
$
35,000.00
$ 35,000.00
Other
$
•$
$
Total
$ 6,504.00
$
77,711.59
$ 84,215.59
Types of Units Improved`
'some households receive more than 1 loan, so the # of loans may not equal # of
units improved
This
Previous
Month
Months
YTD
Single Family
1
6
7
Duplex
Tri-Plex
4 to 9 Units
-
2
2
10 to 20 Units
_
20+ Units
_
Total
1
8
9
Types of Improvements
Interior
#
of Projects
% of Total
Bathroom remodel
1
8%
Kitchen remodel
1
8%
General plumbing
1
8%
Heating system
2
15%
Electrical system
00/0
Basement finish
0%
Insulation
0%
Room addition
1
8%
Misc. interior projects
1
8%
Exterior
Siding/Fascia/Soffit
1
8%
Roofing
1
8%
Windows/Doors
2
15%
Garage
0%
Driveway /sidewalk
1
8%
Landscaping
1
8%
Misc. exterior projects
_
0%
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FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY
September 6, 2007
1. NORTHSTAR UPDATE
This past Monday night the Council had an opportunity to ask the NCDA reps (Tim Yantos, Mary Richardson, &
Paul Danielson) a number of questions in a format similar to last months HRA Meeting. While we still aren't
any closer to having some other entity raise the $1.5M, we do have a much better understanding of all of the
legal agreements.
Letters have gone out to our Federal delegation and also to 8"' District Representative Oberstar. The letters
state the importance of the Northstar project to the City of Fridley and ask them to help put Fridley back into the
first round of construction and to help close the funding gap. Mayor Lund signed the letters on behalf of the
City. Bill, Scott and I are meeting with Representative Ellison's local staff on Tuesday afternoon.
There is, as you have all seen in the Star Tribune, still talk of a special session. It may be possible that our
special legislation could be approved in the session. NCDA is ready to seek more funding if an opportunity
arises in the special session and have been in contact with our local delegation.
The BNSF will be able to give us an exact cost for the tunnel installation shortly after September 10th. That is
the day that their bids are due to complete the work.
2. Gateway Northeast
The third Corridor Planning meeting will take place at 7PM on Thursday night September 6, 2007 at the Fridley
Community Center, 6085 - 7th Street NE. The purpose of this meeting is to hear from a variety of developers
and commercial brokers about the development potential in the area.
Panelists include:
• David Newman, Bancorp Group
• Alan Arthur, Central Community Housing Trust
• Brian Winges, Comforts of Home / Community Living Partnership
• John Mehrkens, Senior Partners / Presbyterian Homes
• Bob Long, Welsh Co. - invited
• a representative from Pratt Ordway - invited
The panel will be asked to address three initial questions:
1.) What are the components of the community that are attractive for development?
2.) What are the challenges?
e partner with developers, or attract development into the area?
3.) How can the community be an effectiv
These lead questions will launch us into the larger discussion. The workshop prior to the panel (which
occurred on August 16th) was an interactive exercise to explore various development concepts for sites in the
area, and provide a financial analysis as to the viability of those concepts.
Hopefully community members will come to the panel discussion more familiar with the market dynamics of the
area, and understand the challenges a developer faces to make the project viable.
3. Upcoming Speaking Engagements
Over the next couple of weeks I have the privilege of speaking with the League of Women Voters (Sept. 11th)
and the Southern Anoka County Community Consortium (Sept. 12th). Both groups are very interested in
Northstar and the League also wants to learn more about our loan programs.
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.fridleymn.us
ID