HRA 11/25/1985 SPECCITY OF FRIDLEY
SPECIAL HOUSING & REDEVELOPMENT AUTHORITY
MEETING MINUTES
NOVEMBER 25, 1985
CALL TO ORDER:
Chairperson Commers called the November 25, 1985 Special Housing &
Redevelopment Authority meeting to order at 8:18 p.m.
ROLL CALL
Members Present: Larry Commers, Duane Prairie, Walter Rasmussen,
Virginia Schnabel
Members Absent: Elmars Prieditis
1. DEVELOPMENT AT THE 100 TWIN DRIVE-IN PROPERTY
Mr. Qureshi, the Housing & Redevelopment Authority Director, explained the
background and development prepared by Woodbridge Properties, Inc. for a
nine- unit commercial development on the 100 Twin Drive -In ProperLy to the
Housing & Redevelopment Authority and City Council members present. He also
defined the redevelopment district criteria associated with the proposal.
It was the concensus of the members to support a redevelopment district with
an increment period of 18 years in order to allow for the orderly planned
construction of this proposal.
Support for the plan was predicated upon the ability to obtain the
intersection improvements at Highway 65 and Old Central, also the interior
road construction and Moore Lake park expansion and improvement within the
first phase increment. Subsequent development would be accomplished at no
financial cost to the City and will result in a specific quality of
development, special exterior treatments, a campus environment, structured
parking with increased landscaping space, amenities to the development and
Moore Lake park system and protection of the adjoining neighborhoods.
Mr. Rasmussen requested a financial statement of the Woodbridge Properties.
Ms. Susan J. Nurstrom- Waldon, treasurer of Woodbridge Properties, stated she
would meet with Mr. Rasmussen and review the statement with him.
It was suggested that a summary notice be sent out to the adjoining neighbors
indicating the sequence of events associated with the 100 Twin Drive -In
Property development and any dates so that they could determine which
meetings they would be inte.-ested in attending. The neighborhood was
determined to include all residents south of 58th Avenue, between 6th Street
and Moore Lake north of I -694.
The redevelopment agreement for the Woodbridge Properties proposal would be
prepared and submitted to the Housing & Redevelopment Authority for
consideration at their December 12, 1985 meeting.
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Mr. Qureshi explained to the members that he had received notice that Mr. Lou
Lundgren, the developer for the Fridley Plaza Apartments on the southwest
corner of University Avenue and Mississippi Street, had decided to reduce the
height of the apartment complex from 12 to 6 stories with 119 units and one
level of underground parking.
Chairman Commers requested that the development proposal be resubmitted to
the members at the next meeting to review the financial program due to this
change.
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Chairperson Commers adjourned the November 25, 1985 Special Housing &
Redevelopment Authority meeting at 11:54 p.m.
Respectfully submitted,
4F1ora �
Acting Secretary