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HRA 08/05/2010 - 6255., AUGUST 5, 2010 HRA Meeting Regular Meeting Agenda 7.00 p.m. City Hall, Council Chambers /1"'N1 Call to order Roll call. Action Items - -xxik 1. Approval of expenditures 2. Approval of June 3, 2010 Meeting Minutes *V'A� 3. Approval of Motion Authorizing Sales Listing for 831 Mississippi Street Informational Items q 1:5,011D 1. Fridley Assisted Living, LLC (Faulkner project) 11__ 2. Scattered Site Acquisition Program Update 3. 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U a) CD �� CD co co O M yy C�Cfl00OO MM�'MM O O O O O 001`00 Il- 1,- Nf - fl_ O O O O O ycoyy CO P Co co N ` 21 21 ca) a) CD W W >, W W >, c CD () o . :5 a aliaau`_ a) a)' m a) �' UUUUUU CN N M yN O O O O CA C) M M N N N N 0 0 0 0 0 0 P P P P 0 0 0 0 0 0 N N C N QCN ti Co 'o N cOy�Of�� C O N c O N ° a) 0 c a) c F0- MOTION by Commissioner Holm to nominate Larry Commers as Chair and Pat Gabel as Vice - Chair. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 4. Approval of Housing Replacement Program Paul Bolin, HRA Assistant Executive Director, said that the April 6t' Legislation was approved reauthorizing our scattered site program. The program allows HRA to purchase up to 100 properties to demolish/rehab and place into a multi - phased scattered site TI District. HRA can construct and/or improve properties up to 150% of the average home value. The legislation requires a 25% non -TI match. Mr. Bolin said that the current housing market requires new approaches to acquisitions. Staff is recommending partnering with non -profit Twin Cities Community Land Bank (TCCLB). Mikeya Griffin and Shawn Huckleby from TCCLB will provide more detailed information on this program. Staff recommends a motion to continue the Housing Replacement Program, a motion to participate in the Twin Cities Community Land Bank's "First Look" Program and a motion authorizing staff, with approval of Board or Vice -chair & Executive Director, to purchase up to three homes for inclusion in the HRP. Shawn Huckelby, VP of TCCLB, said that TCCLB is a subsidiary of family housing in the Twin Cities. They are a nonprofit organization whose mission is to support local government, neighborhood based organizations, community development corporations and nonprofit and for profit developers to further economic development and affordable housing. TCCLB was formed last year to help find a way to access properties before they are listed on the foreclosure market. Minneapolis, St. Paul, Hennepin County and Brooklyn Park are currently participating in this program and it is expanding to the seven county metro areas. Mikeya Griffin, Program Manager, said that once TCCLB receives information that there are properties to purchase, the information is entered on a global spreadsheet on Google does and every day information is updated and partners have ability to look at properties available for sale. Parties have 24 hours to say if they are interested. Once interest is received they have five days to inspect the property and request pricing. Pricing is not available upfront, once the interest and pricing is requested the information will be released to the interested party. If the pricing is not accepted the property goes back for sale on line. If the pricing is accepted, the party has 30 day to close. The purchase agreement and documents are prepared for closing. TCCLB will make sure any judgments, leans, assessments, etc. are taken care of and a clear title is given. Mr. Huckelby said that there is no cost to participate in this program, only when the property is purchased there is a $1,500 charge for nonprofit, $2,000 for government and $3,000 fee for for - profit developers. With the number of foreclosures increasing this is just another tool to use at the local level to help address properties. The City of Minneapolis is taking properties at a certain value and below, demolishing the properties and using the land for future development. Ms. Griffin added that this is just one way to help municipalities acquire properties. Developers have to adhere to rules and program requirements. Developers must agree to adhere to all standards and the goal is for community stability and not for rental homes etc. Commissioner Gabel asked about the financial cap. Mr. Huckelby said that the cap for purchasers is 115% of median income. Commissioner Gabel asked how the 25% can be part of TIF and how it worked. Mr. Bolin said that the rules and regulations would apply to properties HRA would pass on if the property was in too good of shape. 25% would only apply to properties purchased that are demolished and find a private buyer to build a home. The 25% would come from the general fund or housing replacement program. Chairperson Commers asked if this would be in the scattered site program. Mr. Bolin said that properties HRA would purchase would go into the program, but privately purchased properties would not. Any properties HRA chooses to pass on, another group of developers would get the next chance to purchase. Mr. Huckelby said that each city has a different priority criteria. Commissioner Eggert said that currently developers do not have access to these properties. Ms. Griffin said they do but under this program the City has first choice of purchasing the property; or the first right of refusal. Commissioner Eggert asked Ms. Griffin to share experiences other communities have had on this program. Ms. Griffin said that as of today 109 homes were sold. Commissioner Meyer asked what happens to the equity the homeowner would have in the house. Mr. Huckelby said that would be an issue between the lender and the homeowner. TCCLB would acquire the home after the redemption period is over, the property is vacated and the bank has the title. Commissioner Meyer asked what should be done to the home if the home is in disrepair. Ms. Griffin said that the developer would make those calls as they would best be able to know what would sell and be good in the marketplace. Mr. Huckelby said that each developer has to get the permits necessary to do work in your community. City staff inspections will be made to make sure the developer is meeting building requirements. TCCLB makes sure the developer adheres to the standards that are set. Commissioner Meyer asked what precautions are made to make sure the developer doesn't spend too much money so the house cannot be sold. Mr. Huckelby said that people who acquire the property cannot exceed 115% of median income. Developers have an idea of what needs to be done and how to price the home to meet those requirements. Commissioner Meyer asked what happens if the home doesn't sell. Mr. Huckelby said that has not been a problem. Developers that are not selling may bring the issue to the city and ask for help. Commissioner Meyer asked if the developer has more into the home than what it will sell for who is on the hook for the money. Mr. Huckelby answered the developer. Commissioner Meyer said that the developer pays for the repairs they have done. Mr. Huckelby answered that is correct. Ms. Griffin said that this is no cost to the city, it would be the developers problem. Mr. Huckelby said the developer can borrow up to 95% of the after rehab value. This is a personal guarantee to make sure the loan will have the ability to be repaid. Chairperson Commers said it is HRA's intention to acquire these properties in scattered properties. Commissioner Holm asked if lenders had an exclusive arrangement with TCCLB. This is an advantage for mortgage holders as they can dispose of properties with minimal effort. Mr. Huckelby said what hurts a lender is the cost and if this process is in place, in 45 days the home could be sold which saves them money. Commissioner Eggert asked what the assessment is based on. Ms. Griffin said that the assessment is based on loan dollars but doesn't necessarily rely on loan dollars alone and TCCLB will work with the bank to be realistic. Chairperson Commers asked what the role of the trust was. Ms. Griffin said that interested parties must to go through the trust and they will do the negotiations. Commissioner Gabel asked what the metro median income is. Ms. Griffin answered $96,500. Chairperson Commers asked how much the property could be sold for based on that income. Ms. Griffin said that it will depend on credit and a lot of other things. Mr. Huckelby said that it isn't advised to buy a home more than 2.5 times your income. Commissioner Meyer asked what constitutes the average income of a family group. Ms. Griffin answered several things; yearly income, dividends, stocks, etc. Anyone working in the household income is counted. MOTION by Commissioner Gabel to approve the Housing Replacement Program. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY MOTION by Commissioner Gabel to participate in the Twin Cities Community Land Bank's "First Look" Program. Seconded by Commissioner Holm. Commissioner Meyer asked if this was needed and why HRA couldn't continue to acquire properties like it is doing now. Chairperson Commers said that HRA will continue to operate as it is but this will be a new avenue. Many times the HRA finds out about foreclosed properties too late and this will make HRA aware of that sooner. Commissioner Holm added that by acquiring properties it assures the homes will be owner occupied homes rather than rental. Commissioner Eggert said that the homes would be priced at a predetermined price, the negotiation is done by TCCLB and the home can be acquired in a timely manner. Commissioner Holm said that the competition and having others interested is good. This program will allow foreclosed homes to be identified and should be a good deal. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY MOTION by Commissioner Holm to authorize staff, with approval of Board or Vice -chair & Executive Director, to purchase up to three homes for inclusion in the HRP. Seconded by �--� Commissioner Eggert. Paul Bolin said that sometimes the timing is not within the time frame of the monthly HRA meeting. Staff is asking for approval to purchase up to three homes. Chairperson Commers asked if any homes have been identified to purchase. Mr. Bolin answered yes. Commissioner Eggert said this is a good time to try this program. Commissioner Gabel asked if three homes are enough. Mr. Bolin said staff wants. the Authority to be comfortable with the homes being purchased, and thought a 3 home trial is a good way to start. Commissioner Holm suggested starting with three and if it needs to be raised to a higher number that could be discussed. Three in one month may be sufficient. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 5. Approval of Sikh Society Property Purchase Paul Bolin, HRA Assistant Executive Director, said that staff has had ongoing negotiations with the Sikh Society. Staff and the Sikh Society have reached a tentative agreement, including a temporary leaseback, pending Authority approval. $424,000 for land and building $ 20,000 for relocation $444,000 total Mr. Bolin said that the price is 6% less than the HRA offered in 2007 and is comparable to declines in values of similar properties. The parcel is nearly one acre in size and provides additional redevelopment options for the area. Staff recommends the HRA approve the agreement and authorize Board Chair and Staff to execute agreement. Mr. Bolin said that the Sikh.Society was supposed to drop off a signed agreement by 5pm today but they did not drop it off. Chairperson Commers asked what it meant if rental happens after June in terms of property taxes. Mr. Bolin said the Sikh Society is a nonprofit so that is not an issue. /� Chairperson Commers asked if any of the old restaurant equipment is worth selling. Mr. Bolin said that staff gave the Sikh Society the right to salvage anything and they will do that by moving the equipment to their new worship space. Commissioner Eggert asked if a cap should be put on the rental to 30 days after the other property is acquired. Mr. Bolin said that the Sikh Society doesn't want to have the liability as they would have to carry insurance and pay utilities. The provision in the lease states that if they go beyond six months the rent increases to $100 per day. MOTION by Commissioner Holm to approve the Sikh Society Property Purchase. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY INFORMATIONAL ITEMS: 1. Home Remodeling Demonstration Program Paul Bolin, HI A Assistant Executive Director, said that there are two open houses to be held on Saturday and Sunday; July 17/18 and Wednesday July 21 from 4:30PM until 6:30PM. This project has received many positive comments and has been a really fun project. Chairperson Commers asked if a board was up in the home about the HRA loan program. Mr. Bolin answered yes and he has been handing out applications and calls are starting to come in about the loan program. Commissioner Eggert said he was anxious to get the home on the market and sell it to have the opportunity to purchase and start another one. Mr. Bolin said that there has been discussion with Mr. Hickok and the builder about doing a second home. The scattered site home could be used but staff doesn't know if enough variation in housing style is available to do something other than another rambler. It is best to wait and see where we come out on this house first and maybe then consider doing another home more appealing to elderly residents. Another option is to put a green spin on things. Commissioner Eggert said that the goal is to break even and inspire people. 2. Fridley Assisted Living, LLC (Faulkner project) Paul Bolin, HRA Executive Assistant Director, said that Mr. Faulkner has the land use approvals ` and the development agreement from the city. He also received a preliminary approval from Rice Creek Watershed District regarding the wetland. The title is underway and the bank Board meets tomorrow. Mr. Faulkner is seeking financing for both phases now. Within the next 2 -3 r"\ weeks all information should be received from the bank and ready to close. Chairperson Commers asked if Mr. Faulkner is aware of the Waters Senior Living development that is going up in the area. Scott Hickok said yes and Mr. Faulkner sees it as a healthy neighbor for his development. Chairperson Commers asked about the historic designation of Sandy's. Mr. Hickok said that the building is in such poor use it cannot be used. The developer wanted a restaurant to stay there and it was part of the master plan to include a restaurant but not anymore. Where Sandy's was they will need to do master plan amendment. The development is all on one lot so there is no intention of dividing out any parcel. Mr. Hickok said the plan will go in front of the Planning Commission in June 16 and City Council June 28. This is a development group with experience behind them. Staff will be going out next week to tour a similar facility in St. Michael. The developer is not asking Fridley for any money and will be privately funded. The development will start construction this year. 3. Housing Loan Program Update Paul Bolin, HRA Executive Assistant Director, said that in May one RLF and one DEF loan were closed which makes a total of 7 loans closed year to date. The loans were for kitchen, heating systems (2), roof and windows (3). There were two Remodeling Advisor Visits in May which makes a total of two year to date. NON — AGENDA UPDATE: ADJOURNMENT: MOTION by Commissioner Gabel to adjourn. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MEETING ADJOURNED AT 9:05 P.M. ACTION ITEM HRA MEETING OF AUGUST 59 2010 MY OF FRIDLEY yaw. July GL, 4u !u To: William Bums, City Manager From: Paul Bolin, Asst. Executive HRA Director Subject: Home Remodeling Program Update & Approval to Actively Market The home remodeling demonstration project has already proven to be a success. The finishing touches were put on the home just last week and the first 3 "finished" open houses were held. Between last weekend and last night, we had nearly 2,000 residents walk through the finished home. We went through 27 dozen cookies, but more importantly handed out over 125 loan application packets. As expected we had many positive comments, not just about the revamped home, but about the HRA's undertaking of this interactive project. Residents walked away with a new understanding of just how inexpensive home updates can be if one does their homework and seeks out the best deals on materials. This truly was a project of interest to the community. Upcoming Open Houses Though we had originally planned to only have open houses through July 21st, due to demand and interest in the project, staff plans to hold additional open houses on Wednesday evenings from 4:30 until 6:30 during the month of August. Sale/Marketing of Home With the work completed on time, and within our budgeted amount, it is now time to place the home for sale. We have seen the housing market in an overall decline since we purchased the home in January and started work on the home in early April. Our purpose for this project was not to "paint and flip" for a windfall profit, but rather was to educate, encourage reinvestment in Fridley homes and promote the HRA's housing programs. The HRA had anticipated the likelihood of having an investment in this property. The HRA has $186,473.29 into the home purchase and remodel. There was an additional expense of approximately $2,500 for the asbestos abatement. It is likely that the amount of the realtors fee (5.5% of sales price) will end up being the investment in the property. Working with Tim Van Auken of Counselor Realty and the City's residential assessor, Lynne Krachmer, it is believed that the home should sell quickest in the neighborhood of $185,000 to $195,000. If the suggested list price is approved, Tim Van Auken begin actively marketing the home for sale on Friday August 6th. (A copy of his comparative market analysis is attached) Recommendation Staff recommends the Authority authorize staff to place the finished home for sale with an asking price of $197,900. Researched and prepared by Tim Van Auken Prepared exclusively for City of Fridley HRA Tim Van Auken counselor Realty, Inc. 7766 Highway 65 NE Spring Lake Park, MN 55432 612 -644 -5017 Tim@TheVanAukenTeam.com Subject Property 831 Mississippi St. NE Fridley, MN 55432 Researched and prepared by Tim Van Auken Prepared exclusively for City of Fridley HRA Tim Van Auken Counselor Realty, Inc. 7766 Highway 65 NE Spring Lake Park, MN 55432 612- 644 -5017 Tim @TheVanAukenTeam.com Subject Property 831 Mississippi St. NE Fridley, MN 55432 Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis. Active Listings Price Bds Bth TFSF $ /Sq Built Style List Date DOM CDOM Address S =831 Mississippi St NE 3 2 1, 692 1959 ONEST 67 67 563 Fairmont Street $163,000 5 2 2017 $81 1963 ONEST 05/08/2010 42 95 1319 75Th Avenue $168,500 4 2 2016 $84 1965 ONEST 06/02/2010 18 190 7331 Symphony Street $169,900 3 2 1991 $85 1961 ONEST 06/26/2010 49 585 Bennett Drive $170,000 4 2 1540 $110 1956 ONEST 05/26/2010 49 5897 Washington Street $172,900 4 2 2049 $84 1962 ONEST 04 /06/2010 99 99 6081 4Th Street $175,000 3 2 1752 $100 1960 ONEST 05/11/2010 64 64 6361 Washington Street $179,000 5 2 1802 $99 1957 ONEST 04/05/2010 100 100 751 Overton Drive $179,500 4 2 1805 $99 1959 ONEST 06/30/2010 14 90 1088 Hackmann Circle $179,900 3 2 1714 $105 1961 ONEST 03/03/2010 133 133 145 Sylvan Lane $179,900 3 2 1640 $110 1958 ONEST 03/25/2010 111 111 616 Rice Creek Terrace $179,900 3 2 2038 $88 1963 ONEST 06/09/2010 35 110 7649 E River Road $189,900 3 2 1637 $116 1956 ONEST 06/07/2010 37 109 6184 Ne Stinson Boulevard $197,000 4 2 1926 $102 1966 ONEST 03/14/2010 122 122 840 Mississippi Street $199,900 4 2 1518 $132 1948 ONEST 03/16/2010 120 253 5521 Regis Drive $199,990 3 2 1869 $107 1961 ONEST 02/12/2010 152 152 6127 Woody Lane $209,400 3 3 2100 $100 1957 ONEST 06/16/2010 28 127 11 65 1/2 Way $209,900 3 2 1758 $119 1960 ONEST 04/18/2010 87 87 500 84Th Avenue $169,500 3 2 1603 $106 1960 ONEST 04 /02/2010 103 405 Averages: $182,949 3.6 2.1 1821 $102 1960 77 131 �... Pending Listings Price Bds Bth TFSF $ /Sq Built Style Off Market DOM CDOM- Address S=831 Mississippi St NE 3 2 1,692 1959 ONEST 6030 2Nd Street $121,000 3 2 1560 $78 1957 ONEST 07/14/2010 139 139 5380 4Th Street $129,900 3 2 1663 $78 1961 ONEST 06116/2010 51 100 7912 6Th Street $114,900 3 2 1946 $59 1956 ONEST 06/21/2010 152 152 924 Raleigh Lane $139,900 3 2 1648 $85 1950 ONEST 07/06/2010 92 105 Averages: $126,425 3.0 2.0 1704 $75 1956 109 124 Sold Listings Price Bds Bth TFSF $ /Sq Built Style Sold Date DOM CDOM Address S=831 Mississippi St NE 3 2 1,692 1959 ONEST 5824 Tennison Drive $130,000 3 2 1702 $76 1959 ONEST 06/30/2010 41 223 711 58Th Avenue $167,100 3 2 2084 $80 1956 ONEST 06/24/2010 12 50 6310 Jackson Street $157,500 3 2 1880 $84 1958 ONEST 06/30/2010 15 192 121 62Nd Way $186,000 3 2 1824 $102 1960 ONEST 07/09/2010 103 103 Averages: $160,150 3.0 2.0 1873 $86 1958 43 142 Median of Comparable Listings: $173,950 A -r -m of CtmmnnrahIP Listinas: $170.746 On Average, the 'Sold' status comparable listings sold in 42.75 days for $160,150 N Minimums and Maximums This page summarizes key fields of the listings in this analysis. The listings in this analysis can be summarized as follows: Priced between $114,900 and $209,900 3 to 5 Bedrooms 2.00 to 3.00 Bathrooms 1,518 to 2,100 Square Feet $59 to $132 per Square Foot Built between 1948 and 1966 44 to 62 years old CMA Comparables This page outlines the subject property versus comparables properties. Subject Property 831 Mississippi St NE MLS# Status Sch Dist Fridley Ust Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk /Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext MetalNinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details 563 Fairmont St NE 3923004 Active Spring Lake Park $163,000 67 5 2 (SF) One Story 1,013 1,004 2,017 2.00 Detached Garage, Driveway - Concrete 1963 S50 *110 0.13 1,013 Brick/Stone, Wood 0 Finished (Livable), Full, Walkout Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Tiled Details 1319 75th Ave NE 3931831 Active Spring Lake Park $168,500 95 4 2 -- (SF) One Story 1,008 1,008 2,016 1.00 Attached Garage 1965 106x85x110x89 0.00 1,008 Metal/Vinyl 0 Drain Tiled, Finished (Livable), Full, Sump Pump CMA Comparables This page outlines the subject property versus comparables properties. Subject Property 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Biw Sqft 572 Total Sqft . 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk/ Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext MetaWinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details 7331 Symphony St NE 3942267 Active Spring Lake Park $169,900 190 3 2 (SF) One Story 1,267 724 1,991 2.00 Attached Garage, Driveway - Concrete, Garage Door Opener 1961 W83 *120 *78 *120 0.22 1,267 Metal/Vinyl 0 Concrete Block, Finished (Livable), Full Ceiling Fan(s), Hardwood Floors, In- Ground Sprinkler, Kitchen Window, Details 585 Bennett Dr NE 3930080 Active Fridley $170,000 49 4 2 (SF) One Story 1,122 418 1,540 1.00 Attached Garage, Driveway - Asphalt, Garage Door Opener 1956 95 X 126 0.00 1,122 Brick/Stone, Fiber Board 0 Egress Windows, Finished (Livable), Full Ceiling Fan(s), Deck, Hardwood Floors CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Details 5897 Washington St NE 3906458 Active Fridley $172,900 99 4 2 (SF) One Story Abv Sgft 1,120 1,221 Blw Sqft 572 828 Total Sgft 1,692 2,049 Grg Stls 1 2.00 Prk Char Attached Garage Detached Garage, Driveway - Concrete, Garage Door Opener, Year Built 1959 1962 Lk/ Wt Lot Sz 128 x 75 W65 *135 Acres 0.22 0.23 Fdtn Size 1,120 1,053 Ext MetalNinyl MetaWinyl # FP 2 0 Bsmt Daylight/Lookout Egress Windows, Finished (Livable), Windows, Finished Full Amenit Hardwood Floors, Hardwood Floors, In- Ground Kitchen Window, Patio, Sprinkler, Natural Woodwork, Patio, Details 6081 4th St NE 3923719 Active Fridley $175,000 64 3 2 (SF) One Story 1,140 612 1,752 2.00 Detached Garage 1960 W60 *130 0.20 1,140 Stucco 1 Finished (Livable), Full Kitchen Window, Natural Woodwork, Patio, Tiled Floors �1 CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property Details Details 831 Mississippi St NE 6361 Washington St NE 751 Overton Dr NE MLS# 3905684 3943638 Status Active Active Sch Dist Fridley Fridley Fridley List Price $179,000 $179,500 Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM 100 90 Beds 3 5 4 Baths 2 2 2 Style (SF) One Story (SF) One Story (SF) One Story Abv Sgft 1,120 1,322 1,025 Blw Sgft 572 480 780 Total Sqft 1,692 1,802 1,805 Grg Stis 1 1.00 2.00 Prk Char Attached Garage Attached Garage Detached Garage, Driveway - Asphalt Year Built 1959 1957 1959 Lk/ Wt Lot Sz 128 x 75 75 x 135 S76 *119 Acres 0.22 0.23 0.21 Fdtn Size 1,120 1,322 1,025 Ext Metal/Vinyl Brick/Stone, Metal/Vinyl Shakes # FP 2 0 0 Bsmt Daylight/Lookout Finished (Livable), Full Finished (Livable), Full Windows, Finished Amenit Hardwood Floors, Deck Deck, Hardwood Floors, Kitchen Kitchen Window, Patio, Window, Patio, Tiled Floors, CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk/ Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext Metal/Vinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details Details 1088 Hackmann Cir NE 145 Sylvan Ln NE 3889801 3900557 Active Active Fridley Fridley $179,900 $179,900 133 111 3 3 2 2 (SF) One Story (SF) One Story 1,274 1,020 440 620 1,714 1,640 1.00 2.00 Attached Garage, Driveway - Asphalt, Driveway - Concrete, Garage Door Tuckunder Opener, No Interior Access to 1961 1958 W64 *199 "221'192 80 x 135 0.43 0.25 1,134 1,020 Brick/Stone, Metal/Vinyl Metal/Vnyl 0 1 Daylight/Lookout Windows, Finished Finished (Livable), Full (Livable), Partial, Walkout Deck, Hardwood Floors, Kitchen Deck, Hardwood Floors, In- Ground Window, Natural Woodwork, Porch, Sprinkler, Kitchen Window, CMA Comparables This page outlines the subject property versus comparables properties. Subject Property Details Details 831 Mississippi St NE 616 Rice Creek Ter NE 7649 E River Rd MLS# 3935183 3934335 Status Active Active Sch Dist Fridley Fridley Fridley List Price $179,900 $189,900 Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM 110 109 Beds 3 3 3 Baths 2 2 2 Style (SF) One Story (SF) One Story (SF) One Story Abv Sqft 1,120 1,084 1,210 Blw Sqft 572 954 427 Total Sqft 1,692 2,038 1,637 Grg Stis 1 2.00 2.00 Prk Char Attached Garage Attached Garage, Driveway - Detached Garage, Driveway - Concrete Asphalt, Garage Door Opener Year Built 1959 1963 1956 Lk /Wt Lot Sz 128 x 75 75x145 90x320 Acres 0.22 0.25 0.70 Fdtn Size 1,120 1,084 1,110 Ext MetalNinyl Brick/Stone, Wood Brick/Stone, Wood # FP 2 2 2 Bsmt Daylight/Lookout Finished (Livable), Full Finished (Livable), Full Windows, Finished Amenit Hardwood Floors, Deck, Hardwood Floors, Kitchen Exercise Room, In- Ground Sprinkler, Kitchen Window, Patio, Window, Tiled Floors Kitchen Window, Natural Woodwork, CMA Comparables This page outlines the subject property versus comparables properties. Subject Property 831 Mississippi St NE ML.S# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stis 1 Prk Char Attached Garage Year Built 1959 Lk/ Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext MetalNinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, V f � Details 6184 NE Stinson Blvd NE 3894941 Active Fridley $197,000 122 4 2 (SF) One Story 1,076 850 1,926 2.00 Attached Garage, Garage Door Opener 1966 getting 0.26 1,076 Fiber Board 1 Daylight/Lookout Windows, Finished (Livable), Full, Walkout Deck k Details 840 Mississippi St NE 3896113 Active Fridley $199,900 253 4 2 (SF) One Story 968 550 1,518 2.00 Detached Garage 1948 E135 *138 0.35 968 Brick/Stone, Stucco 0 Finished (Livable) Deck, Hardwood Floors, Patio /r\ CMA Comparables This page outlines the subject property versus comparables properties. Subject Property 831 Mississippi St NE ML-S# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft Blw Sqft Total Sqft Grg Stls Prk Char Year Built Lk /Wt Lot Sz Acres Fdtn Size Ext # FP Bsmt Amenit 1,120 572 1,692 1 Attached Garage 1959 128x75 0.22 1,120 Metal/Vinyl 2 Daylight/Lookout Windows, Finished Hardwood Floors, Kitchen Window, Patio, Details 5521 Regis Dr NE 3882140 Active Columbia Heights $199,990 152 3 2 (SF) One Story 1,405 464 1,869 2.00 Attached Garage, Driveway - Concrete, Garage Door Opener, 1961 80 x 135 0.00 1,374 Other, Wood 2 Concrete Block, Daylight/Lookout Windows, Drain Tiled, Full, Walkout Ceiling Fan(s), Hardwood Floors, Kitchen Window, Local Area Network, Details 6127 Woody Ln NE 3938070 Active Fridley $209,400 127 3 3 (SF) One Story 1,400 700 2,100 2.00 Attached Garage, Driveway - Asphalt, Garage Door Opener 1957 63X131X140X121 0.00 1,400 Brick/Stone, Stucco 2 Daylight/Lookout Windows, Egress Windows, Finished (Livable), Full, Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk /Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext Metal/Vinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details 11 651/2 Way NE 3914077 Active Fridley $209,900 87 3 2 (SF) One Story 1,194 564 1,758 2.00 Attached Garage, Driveway - Concrete, Garage Door Opener 1960 130x90 0.00 1,194 Wood 2 Finished (Livable), Full Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Other, a Details 500 84th Ave NE 3905074 Active Spring Lake Park $169,500 405 3 2 — (SF) One Story 1,040 563 1,603 2.00 Detached Garage, Driveway - Asphalt, Garage Door Opener, 1960 N78 "135 0.24 1,040 Metal/Vinyl 0 Finished (Livable), Full Hardwood Floors, Kitchen Window, Natural Woodwork, Porch, Skylight CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stis 1 Prk Char Attached Garage Year Built 1959 Lk /Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext MetalNinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details 6030 2nd St NE 3887360 Pending Fridley $121,000 07/14/2010 139 3 2 (SF) One Story 988 572 1,560 2.00 Attached Garage, Driveway - Asphalt, Heated Garage, Insulated Garage 1957 E80 *130 0.22 988 Metal/Vinyl 1 Egress Windows, Finished (Livable), Full Deck, Hardwood Floors, In- Ground Sprinkler, Kitchen Window, Natural Details 5380 4th St NE 3917551 Pending Fridley $129,900 06/16/2010 100 3 2 (SF) One Story 948 715 1,663 2.00 Detached Garage, Garage Door Opener 1961 E60 *130 0.16 948 Metal/Vinyl 0 Finished (Livable), Full, Walkout Hardwood Floors, Kitchen Window, Natural Woodwork, Patio CMA Comparables This page outlines the subject property versus comparables properties. Subject Properly 831 Mississippi St NE MLS# Status Sch Dist Fridley List Price Sold Price S. Cntrbtn Off Mrkt Dt Closed CDOM Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Biw Sqft 572 Total Sqft 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk /Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext MetalNinyl # FP 2 Bsmt Daylight/Lookout Windows, Finished Amenit Hardwood Floors, Kitchen Window, Patio, Details 7912 6th St NE 3872628 Pending Spring Lake Park $114,900 06/21 /2010 152 3 2 (SF) One Story 1,946 0 1,946 1.00 Attached Garage, Driveway - Other Surface 1956 129x80 0.24 1,946 Stucco 0 None Natural Woodwork, Washer /Dryer Hookup Details 924 Raleigh Ln NE 3906039 Pending Spring Lake Park $139,900 07/06/2010 105 3 2 (SF) One Story 948 700 1,648 2.00 Detached Garage 1950 w67 *79 *193 *39 *136 0.29 948 Metal/Vinyl 1 Egress Windows, Finished (Livable), Full Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Natural �1 CMA Comparables This page outlines the subject property versus comparables properties. Subiect Property Details Details 831 Mississippi St NE 5824 Tennison Dr NE 711 58th Ave NE MLS# 3919763 3925924 Status Sold Sold Sch Dist Fridley Fridley Fridley List Price $139,900 $169,900 Sold Price $130,000 $167,100 S. Cntrbtn 4,500.00 Off Mrkt 06/10/2010 05/28/2010 Dt Closed 06/30/2010 06/24/2010 CDOM 223 50 Beds 3 3 3 Baths 2 2 2 Style (SF) One Story (SF) One Story (SF) One Story Abv Sqft 1,120 1,130 1,084 Blw Sqft 572 572 1,000 Total Sqft 1,692 1,702 2,084 Grg Stis 1 1.00 1.00 Prk Char Attached Garage Attached Garage Attached Garage Year Built 1959 1959 1956 Lk /Wt Lot Sz 128 x 75 75x135x78x157 S 75x135 Acres 0.22 0.00 0.23 Fdtn Size 1,120 1,130 1,084 Ext MetalNinyl Other Metal/Vinyl # FP 2 0 0 Bsmt Daylight/Lookout Finished (Livable), Full Finished (Livable), Full, Walkout Windows, Finished Amenit Hardwood Floors, Balcony, Deck, Hardwood Floors, Deck Kitchen Window, Patio, Porch, Washer /Dryer Hookup CMA Comparables This page outlines the subject property versus comparables properties. Subject Property 1,120 831 Mississippi St NE MLS# Total Sqft Status Grg Stls Sch Dist Fridley List Price Bsmt Sold Price $157,500 S. Cntrbtn Amenit Off Mrkt 06/04/2010 Dt Closed 06/30/2010 CDOM 192 Beds 3 Baths 2 Style (SF) One Story Abv Sqft 1,120 Blw Sqft 572 Total Sqft 1,692 Grg Stls 1 Prk Char Attached Garage Year Built 1959 Lk/ Wt Lot Sz 128 x 75 Acres 0.22 Fdtn Size 1,120 Ext Metal/Vinyl # FP 2 Bsmt Daylight/Lookout $157,500 Windows, Finished Amenit Hardwood Floors, 06/04/2010 Kitchen Window, Patio, Details Details 6310 Jackson St NE 121 62nd Way NE 3927808 3897460 Sold Sold Fridley Fridley $169,900 $189,900 $157,500 $186,000 8,000.00 06/04/2010 06/29/2010 06/30/2010 07/09/2010 192 103 3 3 2 2 (SF) One Story (SF) One Story 960 1,224 920 600 1,880 1,824 2.00 2.00 Driveway - Concrete, Garage Door Attached Garage, Driveway - Opener Concrete, Garage Door Opener 1958 1960 E80 *140 S125 *90 *135 *93 0.26 0.29 960 1,224 Stucco Brick/Stone, Metal/Vinyl 0 0 Finished (Livable), Full Finished (Livable), Full Deck, Hardwood Floors, Kitchen Deck, Hardwood Floors, Kitchen Window, Tiled Floors, Washer/Dryer Window, Natural Woodwork r"1 0 1/1� Table Summary of Comparable Solds This page summarizes the comparable sold listings in this market analysis. Sold Listings $ Change % Change Address List Price Sale Price LP to SP LP to SP Sold Date DOM CDOM 5824 Tennison Drive $139,900 $130,000 $ -9,900 -7.08 06/30/2010 41 223 711 58Th Avenue $169,900 $167,100 $ -2,800 -1.65 06/24/2010 12 50 6310 Jackson Street $169,900 $157,500 $- 12,400 -7.30 06/30/2010 15 192 121 62Nd Way $189,900 $186,000 $ -3,900 -2.05 07/09/2010 103 103 Average $167,400 $160,150 $ -7,250 -4.52 43 142 Median $169,900 $162,300 $6,900 -4.57 28 148 Minimum $139,900 $130,000 $- 12,400 -7.30 12 50 Maximum $189,900 $186,000 $ -2,800 -1.65 103 223 Number of Days On Market This graph illustrates the number of days on market for the listings in this analysis. 160 140 ,, 120 0 c`o 100 0 80 H 60 40 c 0 Days On Market M LS# r List Price and Sale Price This graph illustrates the list price, along with sale price in Sold listings. 240K 200K 160K 120K IL` 80K 40K OK Price Graph M LS# M List Price Sum of SingleFemily.SelesClosePrice Pricing Recommendation This page suggests a recommended selling price based on a thorough analysis of your property. After analyzing your property, comparable properties on the market now, recent sales and comparable properties that failed to sell, I conclude that in the current market, your property is most likely to sell for $184,900 - $194,900. l'1 AMC INFORMATIONAL ITEM ri HRA MEETING OF AUGUST 5, 2010 CRY of FRIDLEY Date: July 23, 2010 To: William Burns, City Manager From: Paul Bolin, Asst. Executive HRA Director Subiect: Update on Land Sale to Fridley Assisted Living, LLC Mr. Faulkner continues to move forward with plans to develop a 40 unit assisted living / memory care building for seniors on the Old Central property and a 19 unit memory care facility on the E. Moore Lake Drive site. Fridley Assisted Living, LLC (Faulkner's development group) closed on the land sale with the HRA on July 6th. On July 13th the Faulkner group closed on their bank financing and submitted building plans for approval. By the time the Authority is reading this memorandum, the earthwork should be well under way, as tree removal started on July 22nd. Staff will continue to keep the Authority updated on this project as it moves forward. `e INFORMATIONAL ITEM AJ HRA MEETING OF AUGST 5, 2010 CITY OF FRIDLEY Date: July 23, 2010 k To: William Burns, City Manager A From: Paul Bolin, Asst. Executive HRA Director Subiect: Scattered Site Housing Replacement Program Update We have reached an agreement with Bremer Bank for the house located at 5825 2 1/2 Street. They will sell the home to the HRA for $35,000. There will not be a closing on this property until after the redemption period expires on August 7th. This has been a problem vacant property for the past few years and most recently the basement flooded. It is the type of home the Scattered Site Program should be removing. I have continued to look for other homes both through the MLS and the TCCLB First Look Program. Many of the homes I have looked at are either too nice to demolish or have multiple offers pending. I did find 2 very good candidates over the past three weeks and submitted conditional offers, that were both immediately lost to higher offers. There is definitely some collusion between the agents representing the mortgage lenders and speculative investors. I find it more than coincidental that homes that had been on the market for 122 days and 71 days, with no activity, receive offers within hours of ours being submitted. The First Look Program, has provided a fairly steady stream of properties for the HRA to consider. We recently toured one of the programs properties on Altura Road that seemed very promising but in the end had too high of a price. It is likely that this home may see a reduction in price and be offered back to the First Look program within the next few months. The majority of the other t0 or so properties that have been offered through the first look program, have been purchased and are being rehabbed by the approved developers. You may recall that these developers are required to ensure the home is owner occupied for 5 years upon completion of rehabilitation. Though, we haven't been able to purchase any properties yet, our participation alone is making a big impact on foreclosures in Fridley. In conclusion, the HRA's commitment to fixing up neighborhoods by addressing foreclosed homes is already having an impact. It seems all we need to do is make an offer on a home and the private sector quickly becomes interested in the home! Staff will continue to pursue purchasing properties for the program.. Fridley HRA Housing Program Summary Cover Page August 5, 2010 HRA Meeting Report Loan Application Summary Loan Origination Report Remodeling Advisor Description Loan application activity (e.g. mailed out, in process, closed loans) for July and year -to -date. Loan originations for July and year -to- date. Shows the number of field appointments scheduled and completed for the Remodeling Advisor Services administered by Center for Energy and Environment. � ('j a- S MP���� Wtlfev��- atra� C��fe d---� c l to r,o -f : � c o 0-\ l� H:\— Paul's Documents\HRA\HRA Agenda Items\2010\August 5, 2010\Housing Program CoverAugustdoc Vokam FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY August 5, 2010 i- i'i�ii 3ir Rick Pribyl Retires: On Monday July 19th, Rick announced his retirement effective July 30th. There has been no discussion as of this writing Quly 22) as to the City's plan to replace Rick. There will be a retirement luncheon on Wed., Aug 18 at the Fridley Community Center (12 noo n -) . Sikh Society: We were set to close on the property on July 6th. A week before the closing, our title company found some discrepancies in the property records at Anoka County. With the property being a combination of abstract and torrens, it appears that the County did not record the sale in both areas. On paper, McDonalds still owns the northernmost portion of the property. The easiest way to correct this is for the Sikh Society to have McDonalds issue them a deed for the property. The Sikhs are working on correcting the issue and when it is corrected we will close on the property. Trident /Waters of Fridley The Trident group of St. Cloud has received all approvals for their 72 unit senior assisted living /memory care project on the former Sandee's site. They are working out all of the details with their property purchase and intend to begin construction before the end of this year. Anoka Counter HRA vs. East Bethel The City of East Bethel has finally received a ruling in their legal batde with the Anoka County HRA and its ability to levy in City's that have or create their own Authorities. In a nutshell, the Judge ruled that the County HRA has no authority to levy in. Cities that currently have or establish their own housing and redevelopment authorities. A copy of the Judge's order is attached. ftO i"1 /1� FILED Jerre F Mrwow Court Adrn i rat ttr4 t: on STATE OF MINNESOTA DISTRICT COURT COUNTY OF.ANOKA 12 2036 TENTH JUDICIAL DISTRICT CASE TYPE: OTHER CIVIL wa Court File No. 02 -CV-09 -6679 :Qepoty City of East Bethel, a Minnesota municipal corporation, East Bethel, Housing and Redevelopment Authority, a public body, corporate and politic, and Jill Teetzel, a resident and taxpayer of the City of East Bethel, Plaintiffs, vs. Anoka County Housing and Redevelopment Authority, a public body corporate and politic, and Maureen J. Devine, Division Manager, Anoka County Property Records & Taxation, Defendants FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER FOR DECLARATORY JUDGMENT This matter came on for trial, to the Court, on May 3, 2010. Gerald M. Randall, Esq., appeared for the Plaintiffs; Anthony C. Palumbo, Esq. appeared for Defendant Anoka County Housing and Redevelopment Authority; and Dan Klint, Esq. appeared for Defendant Maureen J. Devine, Division Manager, Anoka County Property Records & Taxation. Upon the pleadings, the evidence adduced at trial, all the records and files herein, and the final summations of counsel, the Court, being duly advised in the premises, makes the following Findings of Fact, Conclusions of Law, and Order for Judgment. FINDINGS OF FACT 1. In 1977 the Anoka County Board of Commissioners asked Ralph McGinley, Anoka County Administrator, to work with the Anoka County legislative delegation to pursue forming a housing and redevelopment authority (hereinafter "BRA). 2. Based on the legislation testimony in 1977 of Ralph McGinley, former Executive Secretary to the Anoka County Board of Commissioners /Anoka County Administrator, and Wayne Simoneau, a former Minnesota State Representative and the House author, the bill eventually passed as 1978 Minn. Laws ch. 464. 3. It was the purpose of Chapter 464 to furnish HRA or community development services in those cities that wished to have such services, but did not have their own housing and redevelopment authority. There was no suggestion in the legislative history that the purpose of the law was to create the perpetual presence of the county housing and redevelopment authority in those cities. 4. 1978 Minn. Laws Ch. 464 was a special law, and it authorized the establishment of the Anoka County Housing and Redevelopment Authority (hereinafter "ACHRA. ") This law contained the following language; "[t]he county shall not exercise jurisdiction in any municipality where a housing and redevelopment authority is established." 5. A summary of Ralph McGinley's testimony at the March 30, 1977 Senate Local Government Committee hearing on S.F. 682 indicates the bill "does not affect any existing or future municipal housing and redevelopment authority" and "does not impose a tax where there already is a housing and redevelopment authority." 6. There was no discussion in the legislation, nor was there discussion between Rep. Simoneau and his legislative colleagues, about how to handle city HRAs that would be established in the future. 7. 1978 Minn. Laws ch. 464 gives ACHRA "all of the powers and duties of a housing — and redevelopment authority under the provisions of the municipal housing and redevelopment act, Minnesota Statutes, Section 462.411 to 462.711" 8. 1978 Minn. Laws ch. 464 specifically grants ACHRA the powers and duties of a municipal housing and redevelopment authority rather than those pertaining to a county or multi- county authority. 9. Prior to 1987, a county could not establish an HRA unless there was special legislation authorizing the HRA. In 1987, Minn. Stat. § 469.004 was enacted which allowed the establishment of a county HRA, without the need for a special law. 10. In 1987, Sections 462.411 to 462.711 were repealed by 1987 Minn. Laws ch. 291 and replaced by Minn. Stat. § § 469.001 to 469.047. 11. The Anoka County Board of Commissioners established the ACHRA on Dec. 13, 1994 after finding 1) there was a shortage of decent, safe and sanitary dwelling accommodations for persons of low income and their families; and 2) the n 2 substandard housing, slum or blighted conditions within the county could not be redeveloped without government assistance. 12, Under Minn. Stat. § 383E.17, subd. 1, the area of operation of the ACHRA is the territorial boundaries of Anoka County. 13. The ACHRA began to tax within the boundaries of those cities within Anoka County that did not have an HRA or an Economic Development Authority. 14. Resolution #94 -195 references 1978 Mum. Laws ch. 464 as having created ACHRA. In addition, the resolution provides that ACHRA "shall have all of the powers, rights, duties and obligations pertinent to County housing and redevelopment authorities as set forth in Minnesota Statutes, Sections 469.001 to 469.047, and other law." 15. Minn. Stat., § 469.004, subd. 1 excludes from its application those counties in which a county housing authority has been created by special act. ACHRA, therefore, is not a "county authority" under Minn. Stat. §§ 469.001 to 469.047, except as expressly limited by the special law by which it was created, ACHRA does have the powers of a housing and redevelopment authority created under those sections. See Minn. Stat. § 469.012, subd. 11. 16. 1978 Minn. Laws ch. 464, does not grant authority to levy and collect taxes, per se. Minn. Stat. §§ 462.411 to 462.711, replaced by Minn. Stat. Sections 469.001 to 469.047, grants housing and redevelopment authorities limited power to levy and collect special benefit taxes. 17. Plaintiff City of East Bethel (hereinafter "East Bethel') is located in Anoka County, Minnesota, and is a statutory city under the laws of Minnesota 18. Plaintiff East Bethel Housing and Redevelopment Authority (hereinafter "BBHRA") is a municipal housing and redevelopment authority established May 22, 2009, by action of the East Bethel City Council pursuant to Minn. Stat. § 469.003. 19. Plaintiff Jill Teetzel owns real property in the City of East Bethel and has been a resident and taxpayer of East Bethel since 1997. 20. Except as limited by Minn. Stat. §§ 383E.17 and 18, ACHRA has the same powers and duties as possessed by a municipal housing and redevelopment authority under Minn. Stat. §§ 469.001 to 469.047, including the EBHRA. See 3 Minn. Stat. § 469.007. Thus, ACHRA and the EBHRA are essentially coequals. 21. ACHRA has levied taxes in the City of East Bethel for several years, and on August 28, 2009, ACHRA forwarded a proposed 2010 special benefit tax levy to the Anoka County Property Tax Records Division. The proposed 2010 levy included a levy on all property located in East Bethel in the sum of $201,339.00. 22. The levy proposed by ACHRA for a tax in 2010 in East Bethel was preliminarily enjoined by-this Court in its order dated November 17, 2009. 23. Plaintiffs have given security in the form of cash for the payment of such costs and damages as may be. incurred or suffered by any party who is found to have been wrongfully enjoined or restrained herein in the penal sum of $201,339.00. 24. Minn..Stat. § 383E.17, subd. 2 provides in part as follows: "[t]his section shall not limit or restrict any existing housing and redevelopment authority or prevent a . municipality from creating an authority. The county shall not exercise jurisdiction in any municipality where a municipal housing and redevelopment authority is established." 25. Minn. Stat. § 383E.18, the codification of Section 2 of 1978 Minn. Laws ch. 464, provides that: "[b]efore a housing or redevelopment project of the Anoka County Housing and Redevelopment Authority is undertaken, the project shall be approved by the local governing body with jurisdiction over all or any part of the area in which the proposed project is located." 26. Minn. Stat. § 645.08, entitled "Canons of construction," addresses the construction (interpretation) of words and phrases of the Minnesota statutes. Paragraph (2) of § 645.08 provides as follows: "(2) the singular includes the plural; and the plural, the singular, words of one gender include the other genders; words used in the past or present tense include the future." (emphasis added). CONCLUSIONS OF LAW 1. The canons of construction contained in § 645.08 are to govern in construing Minnesota's statutes, unless their observance would involve a construction that is inconsistent with the manifest intent of the legislature, or repugnant to the context of the statute. State by Bealiew v. RSJ, Inc., 552 N.W.2d 695, 701(Mirnn.1996). 2. When the language of a statute, construed according to the provisions of the canons 4 of construction, is unambiguous, its plain meaning is to be applied. Id (citing McCaleb v. Jackson, 307 Minn. 15,17 n. 2, 239 N.W.2d 187,188 n. 2 (1976)). 3. "If the legislature's intent is `clearly manifested by [the] plain and unambiguous language' of the statute, statutory construction is neither necessary nor permitted." Id (quoting Ed Herman & Sons v. Russell, 535 N.W.2d 803, 806 (Minn. 1995)). 4. There is no evidence in the record that applying paragraph 2 to the word "is" in § 383E.17, so as to include both a present and a fiiture meaning of the word, results in a construction that is inconsistent with the intent of the legislature. 5. The result of applying paragraph 2 to the word "is" as used in Subdivision 2 in § 3 83E.17, so as to include both a present and a future meaning of the word, is neither absurd, unreasonable, or repugnant. 6. The Court concludes that several provisions within Minn. Stat. Chapter 469 indicate that it is the legislature's intent in Chapter 469 to be deferential to municipal housing and redevelopment authorities vis a vis authorities created by a special law or otherwise. Three of these provisions are as follows: i) it is provided in Minn. Stat. § 469.005, subd. 1. A county authority shall not undertake any project within the boundaries of any city which has not empowered the authority to function therein, ii) Minn. Stat. § 469.012, subd. 11 provides that the broad grant of powers in that subdivision to any authority created pursuant to special law is limited as provided in the special law; and iii) Minn. Stat. § 469.012, subd. 3(c) spells out how a city or county authority may, by resolution, authorize another housing authority to exercise its powers within the authorizing authority's area of operation, at the same time that the authorizing authority is exercising the same powers in that area. The latter is indicative of the legislature's intent that two housing authorities not exercise the same powers at the same time within one of the authorities' area of operation. 7. The Court further concludes that applying paragraph (2) of § 645.08 Canons of construction to the language in question in § 383.17, subd. 2, removes any ambiguity in that language and clearly sets forth how the language should be applied. The Court finther concludes that after applying the Canons of construction to § 3 83.17, subd. 2, it would be repugnant to the context of the statute as a whole to limit the language in question to apply only to those municipal authorities 1.1 � established before the date ACHRA was established. 9. The Court therefore specifically concludes that § 383E.17, subd. 2, shill be read to apply to any municipal housing and redevelopment authority established in Anoka. County, whether established before or after December 13, 1994, when ACHRA established. 10. The Court further specifically concludes that ACHRA no longer shall exercise jurisdiction in East Bethel now that East Bethel has established its own housing and redevelopment authority. ORDER IT IS ORDERED that the judgment of this Court be entered forthwith according to the above Conclusions of Law. Dated: 2010 BY THE COURT of District Court FILED ,bane F Morrow Court Administrp0cm t�l�es � .Ct�whrha�n�d�, J � 'JUL 14 2010 JUDGMENT i The above Conclusions of Law and/or Order for Judgment constitute the Judgment of the Court. I Court Administrator Anoka County, MN Date: By: L&.& /1. z 'Ila Deputy ' G 6 e