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HRA 02/07/2013 ■••N, February 7,2013 HRA Meeting Regular Meeting Agenda 7.00 n.m. City Hall, Council Chambers Call to order Roll call Action Items 1. Approval of expenditures 2. Approval of January 3, 2013, Meeting Minutes 3. Awarding of Mowing Contract • Informational Items 1. Gateway Northeast Update 2. Medtronic Tax Valuation Update 3. Housing Replacement Program Update 4. Housing Loan Program Update Adjournment oo mw 0 0 tnln 0 0 vltntntn vv aer o0 00 0 °000 a N o o rn rn o o t\ to cr 1s. n 1� o0 0o to to c �+ I� N Tr T1: O O tf1 tD tD N N tD m kci n n CO l� C N N N N (ID lD N 01 N to eN-1 .N-1 tf1 tf1 CO CO N N 0 UI m (JD to W 0 M M I� N N 01 N rfl E N N tf1 N N L11 to O O m < m M Z Q 0 U U a m 0 m v Tr 0 o O 0 m m m m o °M m o � v m m in m m m ,d 1 m O m m 'o �' 0' 0 O O O O .-1 O O N O O m O O O O' O O O O 0 0 0 0 0 O O 0 0 0 0 O O o 0 0 O O O O 9 9 N 0 0 0 N in 1. 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N N N N Z 0 M m m m m .m N v-I 0 0 0 0 0 0 e-I 0 0 0 L-I N N N N \ N N M ad+ m � \ N N N \ J {0 .--I ei 'r'I ,\-1 a\i e\i rl CO 7 C CO CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION January 3, 2013 CALL TO ORDER: Chairperson Commers called the HRA Meeting to order at 7:07 p.m. ROLL CALL: MEMBERS PRESENT: William Holm Pat Gabel Larry Commers Stephen Eggert Gordon Backlund OTHERS PRESENT: Paul Bolin, HRA Assistant Executive Director Scott Hickok, Community Development Director Jim Casserly, Development Consultant Darin Nelson, Finance Director/Treasurer ernan, ACTION ITEMS: 1. Welcome New Commissioner Gordon Backlund Paul Bolin, HRA Assistant Executive Director, stated that Commissioner Backlund has been a member of the Fridley Charter Commission for 10 years, the Fridley School Board for 23 years, the MN House of Representatives for 2 years and a Fridley Resident for 35 years. He brings experience in electrical engineering and worked for the Met Council as a Contract Administrator. 2. Approval of Expenditures MOTION by Commissioner Holm to approve the expenditures as submitted. Seconded by Commissioner Gabel. UPON VOICE VOTE,ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 3. Approval of December 6,2012 Meeting Minutes MOTION by Commissioner Holm to approve the minutes as presented. Seconded by Commissioner Gabel. Commissioner Eggert asked for the following corrections to be made: HRA Meeting of January 3, 2013 2 Page two, second paragraph, fourth line should read"And The Capital Outlay Funds..." Page eight,Non-Agenda Items, second sentence should read"been professional in the way he handle-handled things which..." UPON VOICE VOTE,ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MINUTES APPROVED AS AMENDED 4. Approval of Resolution Designating Official Depositories Paul Bolin, HRA Assistant Executive Director, said that this item comes before the Authority every year and this year there are no changes. Wells Fargo has been the official bank for both the City and HRA for a number of years; they are easy to work with and flexible with investment management. Staff recommends approval of the resolution designating Wells Fargo as the official depository for the Authority. Chairperson Commers noted that Darin Nelson and Shelly Peterson will be signing document requests with the bank. Mr. Bolin answered that is correct. Commissioner Gabel asked if the Authority would gain any interest on the bank account. Darin Nelson, Finance Director, replied that staff tries to keep a minimal amount of cash at Wells Fargo as there is no incentive to keep funds there, due to low interest rates on savings accounts. MOTION by Commissioner Holm to approve the Resolution Designating Official Depositories. Seconded by Commissioner Gabel. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 5. Approval of Resolution Designating Official Newspaper Paul Bolin,HRA Assistant Executive Director, said that annually the City and HRA designate an official Newspaper. The Fridley Sun Focus News and the Minneapolis Star Tribune have been the official newspapers for the both the City and HRA for a number of years. Both are available locally and meet the requirements found in MN Statutes. Staff recommends approval of the resolution designating these official newspapers. Chairperson Commers asked if the official newspaper would be the Fridley Sun Focus and Star Tribune. ,. HRA Meeting of January 3, 2013 3 Paul Bolin, HRA Assistant Executive Director, replied yes, both would be official newspapers due to the fact that the Focus is a weekly newspaper and meeting the deadlines is sometimes an issue. Sometimes it is simpler and quicker to use the Start Tribune. Commissioner Gabel said she has called the Focus to get the newspaper delivered to her home and she still does not receive it. She asked if staff had the ability to put notices on the website or if there was a statute saying they have to be put in the newspaper. Mr. Bolin replied that there is a statute that notices have to be posted in the local offical newspaper. MOTION by Commissioner Holm to approve the Resolution Designating Fridley Sun Focus and Strt Tribune as the Official Newspaper. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 6. Approval of Resolution Ratifying Transfer of Funds Paul Bolin,HRA Assistant Executive Director, stated that the Winfield TIF District#7 created in 198664It was decertified on 12/31/12 with a balance of$262,910. The balance was transferred to Gateway West TIF #18, per Statute, to cover a portion of the shortfall in TIF #18. Staff recommends approval of resolution ratifying transfer of funds, for record keeping purposes, from District#7 to District#18. MOTION by Commissioner Gabel to approve the Resolution Ratifying Transfer of Funds. Seconded by Commissioner Eggert. UPON VOICE VOTE,ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 7. Approval of 2013 Budget Chairperson Commers noted that there were a few corrections made to the previous preliminary budget. MOTION by Commissioner Gabel to Approve the 2013 Budget. Seconded by Commissioner Holm. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY 8. Approval of Resolution Authorizing Negotiations for Sale of 6017 University Avenue N.E. HRA Meeting of January 3, 2013 4 Paul Bolin,HRA Assistant Executive Director, stated that the McNutt Companies have wanted to purchase site since July. The purchase has been delayed to explore a pedestrian overpass, on a portion of this site, but the grant to design the overpass has since been denied. Mr. McNutt would like to begin construction in the spring of 2013. Staff recommends approval of a resolution authorizing an exclusive negotiation period between McNutt Companies and Authority. This will provide time to develop plans, market the site, secure funding and PC/HRA/CC approvals. Chairperson Commers asked for an explanation of the tiered pricing found in the agreement. • Mr. Bolin said that is an attempt to maximize the potential value of the site. It is designed to encourage Mr. McNutt to build closer to a 4,500 sq. ft. instead of 2,000 sq. ft.. Chairperson Commers asked if this was a different approach than what has been done in the past. Mr. Bolin replied that is correct, this is a different approach. Mr. McNutt was looking to build somewhere between 2,000 and 4,500 sq. ft. of retail. In order for the Authority to get their investment back on the property, the more the square footage of building, the higher the market value of the building, the higher the increment generated for the Authority. If Mr. McNutt wanted to build a smaller building on this site he would pay a more market rate price to purchase the property from the Authority. If he chooses to build 4,500 sq. ft. he would receive a discount on the land price. Chairperson Commers asked what this would do in terms of precedent for other developers that come in. Mr. Bolin asked if he was referring to the land price. Chairperson Commers replied yes. Mr. Bolin said that staff has discussed a range of pricing with people looking at other portions of the site, some asking to sell the site for a dollar, others willing to pay a market rate. The end use of the property is what dictates what the sales price needs to be for redevelopment to happen on any parcel. The HRA can't put a set sq. ft. price on the entire lot, as the uses will be varied. Staff will approach each negotiation separately and differently based upon use. Commissioner Gabel was concerned about having different pricing structures and wasn't sure how that would work. She thought it would be better to sell the land at more consistent prices. Jim Casserly, Development Consultant, said that in this instance the developer wanted some flexibility in what he brought to the site and wasn't sure what could be developed on the site. This resolution allows a period of time for him to explore development opportunities. If he HRA Meeting of January 3,2013 5 knew what would be developed the Authority could be more specific on price. A broker has been promoting the site for many months and this is one of the better opportunities that came forward. The use will dictate the price a developer will be willing to pay. Staff would like someone to come in and offer a price for the entire site but that isn't going to happen. There will be different uses; at the northern end will be commercial and south will be residential, rental or owner occupied residential. We know we want the highest quality of product on site and there is an opportunity for commercial business to occur right at the corners. Every year the site is not developed increment is lost. O . Mr. Bolin repliedealing with a local developer who has done similar sites; Mr. McNutt knows what he can or can't pay for this site. If we work with someone from out of state, or with a different use, there will be a different negotiation. Mr. Bolin understands the concern from the Authority about not having a continuous look and feel in the corridor. This project was undertaken to improve the image of the City and the HRA has the authority to approve or disapprove any development that comes forward. Everything that is built on this corridor has to be reviewed and approved by the Authority, Planning Commission and City Council. The Authority will have total control of the look and what happens down there. 4- Commissioner Eggert said that it is best to maximize the use of the land and building;a 4,500 sq. ft. structure there will be a terrific use on that corner. Commissioner Backlund asked about the gas station and if the environmental tests would hold the Authority harmless in what they find. He asked when the responsibility of the land would be transferred. Mr. Bolin replied that prior to the Authority purchasing the site an environmental study was done and the tanks were removed. A letter was received from the MPCA saying the land was clean and required no further action. He doubts additional studies will be done. Mr. Casserly added that the Authority tradition is to sell the land with full disclosure, providing all information on the sites; but do not guarantee purity. The Authority is not responsible and does not have an obligation to clean anything up. If contamination is found, the Authority is not the responsible party, it would be the prior owner's responsibility. Commissioner Backlund asked for confirmation that the previous owner would maintain the responsibility for clean up. Mr. Casserly said it would depend on the response from the MPCA after clean up. Chairperson Commers recalled an issue with Gateway East where contamination was found and that became the Authority's problem. Mr. Casserly said that HRA could let property sit indefinitely or find out if something could be done to remediate it to allow construction to occur. HRA Meeting of January 3, 2013 6 Chairperson Commers said that if the property is sold, the land would have to get cleaned up and if Citgo is not willing to do it, the Authority would have to. Mr. Casserly said that there are funds available for this kind of clean up. The Authority has been in pretty good shape with the contamination it has found over the years. Commissioner Eggert said that the Authority paid different prices for each piece of land. Chairperson Commers wondered if there was one developer, if the development would have a more uniform look. Mr. Bolin said that it may be beneficial if a single developer were willing to purchase this site and the land to the south. Staff has had discussions with a larger developer; but they are not able to develop the entire site as their specialty is retail. Mr. McNutt would like to build this spring and he needs plans drawn up and submitted. He is trying to meet a 1/15 deadline for land use applications. Since July he has been persistently asking to purchase this property. So far he was okay to wait to find out about the grant opportunity for an overpass. At some point, if we can't give him some commitment, he will walk away. Scott Hickok, Community Development Director, said that even if this larger group from out of state bought all the land for commercial use, there would be cooperation between them and the residential folks. There could be a coordination and development that would complement each other. The HRA would like a"village concept" and we have few opportunities after this to make sure that happens. This will be an invitation to other well designed projects. Commissioner Holm said that a catalyst is needed for this project. Is there risk associated with approving this? Yes, but the risks are reasonable and this is a good step forward to get something started on this project. Commissioner Eggert added that this is just an offer, not a purchase. Chairperson Commers was not sure or clear on how far the HRA can go and if the HRA doesn't want that design, the deal is off. The HRA has been sued over those kinds of issues in the past. The HRA has some control but a deal is a deal. He is also not sure about the pricing and why we would do that at this point. If Mr. McNutt comes back with 4,500 sq. ft. we could make a better deal. MOTION by Commissioner Holm to Approve the Resolution Authorizing Negotiations for Sale of 6017 University Avenue NW. Seconded by Commissioner Eggert. UPON VOICE VOTE, COMMISSIONER EGGERT, COMMISSIONER HOLM AND COMMISSIONER BACKLUND VOTING AYE, COMMISSIONER GABEL AND CHAIRPERSON COMMERS VOTING NAY, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED ON A 3/2 VOTE �, HRA Meeting of January 3, 2013 7 9. Approval of Addition to the Housing Replacement Program Paul Bolin,HRA Assistant Executive Director, stated that in November City Council approved lot split on 5800 block of 2 '/2 Street. The purpose was to provide two buildable lots for HRP, from 3 underlying lots (Lots 22-24, HP Add.) For record keeping purposes, and to make determination of increment simpler, the County has requested that lot 24 be added to Phase V of the Housing Replacement Program. Staff recommends approval of the resolution amending Phase V of the HRP to include underlying lot#24. MOTION by Commissioner Gabel to approve the Addition to the Housing Replacement Program. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY INFORMATIONAL ITEMS: 1. Housing Replacement Program Update Paul Bolin, HRA Assistant Executive Director, stated that in 2012 there were 15 loans and 21 remodeling advisor visits. In 2011, there were a total of 10 loans and 10 remodeling rti advisor visits so this program has increased quite a bit since last year. NON-AGENDA ITEMS: Last month the HRA rejected bids for demolition of a few more Housing Replacement Program parcels. The bidding process was reopened and four companies responded getting the bid down to $34,000 with a group out of Stillwater that we have dealt with in the past. Rejecting the bids saved $25,000. ADJOURNMENT: MOTION by Commissioner Gabel to Adjourn. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED AND THE MEETING ADJOURNED AT 8:15 P.M. Respectfully submitted, i f /Otiff/A.° troy Krista Peterson Recording Secretary ACTION ITEM r HRA MEETING OF FEBRUARY 7, 2013 CITY OF FRIDLEY Date: February 1, 2013 To: Darin Nelson, Acting City Manager From: Paul Bolin,Asst. Executive HRA Director Subject: Approval of Mowing Contractor - Summer 2013 As we have previously done, the Authority participated with the Community Development Department in soliciting bids for mowing services. The request for proposals was sent out to a number of mowing contractors and all proposals are due back on Friday February 1st. HRA and City Staff will review the proposals, check references early next week and recommend a mowing contractor on Thursday night. I ` 1\, g,f t u v ki INFORMATIONAL ITEM HRA MEETING OF FEBRUARY 7, 2013 CITY OF FRIDLEY Date: January 31, 2013 To: Darin Nelson, Interim City Manager/ Finance Director From: Paul Bolin, Asst. Executive HRA Director Subject: Gateway Northeast Update 6071 University/ McNutt: Dave McNutt is proposing to develop between 2,000 and 4,500 square feet of retail on the former Sinclair filling station site. In January, the Authority adopted a resolution to provide Mr. McNutt the ability to market 6071 University Avenue and work on his financing package as he takes his project through the City's land use process. He will also be developing and submitting site plans and building elevations for Authority approval prior to any sale. Over the past month, Kurth Surveying completed a survey of the site. Staff wanted this completed to identify any potential title issues that seem to arise anytime the City/HRA attempt to develop along MnDOT right of way. The survey work found a few minor errors in the recording of the property's legal description at Anoka County. These minor issues will be corrected prior to any transfer of the property. Mr. McNutt reports that he has started marketing the property. He is working with contacts that he has and also with the MidAmerica Group. McNutt said that he has had good reception thus far and many of these regional chains see this as an interesting site. He has kept his focus on marketing it to only regional names and credit tenants as he wants to see a visible name or two in this building. Mr. McNutt has started working on his site and building plans in anticipation of making his land use applications to the City by February 15th. Because the property is located in both the S-2 Redevelopment Zoning District and the Transit Oriented Development Overlay District, the project design must be reviewed and approved by the Planning Commission, Authority and City Council. The Authority will formally review and comment on the plans on March 7th. Lyons / Trident Group: The Lyons/Trident Group, developers of the "Landmark" senior building located at Mississippi Street and Old Central Avenue, are exploring the potential to develop a total of 100 rental units on a portion of the site. They are proposing two distinct buildings, with a clubhouse building between them, and underground parking. One of the buildings will be marketed towards young professionals and the other building will be marketed to younger, active seniors. Jeff Drown, from Lyons, reports that they are just finishing up with a survey of the property and starting to layout a potential site plan. This project, because of its location, would also require review by the Planning Commission, Authority, and City Council. Mr. Drown is still investigating a number of options to help finance the potential project. OneCorp Group: Hector Vinas from the OneCorp group was unable to meet with us in January as he had originally planned. They still have interest in portions of the site and are waiting to hear more from their market study people before moving forward with discussions of purchasing property from the Authority. Architect Dean Dovolis is trying to coordinate a number of schedules in order to meet with OneCorp in February. • W AGENDA ITEM HRA MEETING OF FEBRUARY 7, 2013 CITY OF FRIDLEY To: Paul Bolin, Assistant Executive Director From: Darin R. Nelson, Interim City Manager/Finance Director Date: January 30, 2013 Re: Medtronic Petition Settlement Back in April of 2012 the Board authorized the hiring of Paul Bakken to provide an appraisal of the Medtronic World Headquarters campus. This was in response to City Assessor Mary Smith and the Medtronic's petitioning attorney coming to an impasse in their negotiations in regards to outstanding tax petitions dating back to taxes payable 2009. The thought behind having an appraisal done is that it provides a value independent of the City Assessor which aids in negotiations and is also required if the case were to end up in court. Due to our limited staff size, it is not feasible to conduct in-house appraisals for these types of properties. After receiving approval from the Board to hire an appraiser, the City Assessor subsequently informed the petitioning attorney of our intended actions. Due to the back log of tax petitions at the state and city level, this case sat on the sidelines for a number of months. This same petitioning attorney was also heavily involved with the City in another very complex case that took a substantial amount of time for the both the City Assessor and the attorney. As this other case wrapped up, the focus then shifted back to Medtronic. The initial valuation difference between the petitioning attorney and the City Assessor for the years in question amounted to approximately $56 million. The City Assessor was able to negotiate a settlement with the Medtronic for a difference of approximately $26 million. This settlement also included the dismissal of the petitions for the vacant parcels of land and the daycare center. In addition, we did not have an appraisal done, saving the HRA $8,000. The average price per square foot over the six year settlement is about $96. This is an average decrease of about 12 percent over the original assessed value. We have estimated the cumulative revenue reductions for TIF admin and the land sale repayments received from Medtronic over the span of six years to be approximately$43,000 and $12,000, respectively. In discussions I had with Mary Smith in regards to this settlement. She was satisfied with the settlement valuations and stated the square foot rates are very similar to other comparable properties such as the Target headquarters, which did have a recent appraisal done. There is no action required by the Board; this memo is for information purposes. 1 INFORMATIONAL ITEM HRA MEETING OF FEBRUARY 7, 2013 CITY OF FRIDLEY Date: January 31, 2013 k?\To: Darin Nelson, Interim City Manager From: Paul Bolin, Asst. Executive HRA Director Subject: Scattered Site Housing Replacement Program Update Purchases This past month, there were very few homes for staff to consider. The entire month of January only 2 homes were put on the market for under$100,000. Neither of the homes had significant enough defects to make them good candidates for our program. Staff is optimistic that the Authority will be able to acquire more properties this spring, as more homes are put on the market. /"1 Sales On 1/26/13, Novak-Fleck Builders submitted a lot reservation agreement/purchase offer of $30,000 for the newly created lot at 5833 2 1/2 Street(northernmost of the properties shown below). The public hearing to authorize the lot sale, will take place on March 7th. �' I e _ ° ,��'.-,,-:'' ..:—.'w: 60 Li ''' F .A 58 ..2�1,�.t-1,JE Ft 1 ey°WT _ IC ;4t w, � �x .try �' »-� "tt� : -� � . r? z n ation front elevation of the home is shown. on the following page. The materials used on the exterior will be consstent with those Novak-Fleck used on the 4 homes they built in Fridley last year. The home will have asphalt shingles, aluminum soffits/fascia, stone and vinyl siding. w --°- . _....ra-_----mili immomr,„„ - Amors..........fairtatWier:17. ...,:- _.,,e. , vit,,ud.stris,gasTTrusS711.1.IIMIMIIIIIIIIMMIMMIIstrsas°sll'1:Z:%;t1;s8;;::;Al;1'-,----:.____._.„_--_ -:_T-_-_--_----7::::----:----------m-__.___''',I-ti-ttij' :::''z.------7- , ,......,.....,.......,,,„...,,,,,,,,....,_.:,„,;,..„_, ______„_,__,,,..„:„.,,.,_„:„.„___„:„________, ....._.,,....,...._...., ... _ _,...,____,....._____,. ,, ...,_,..,..,.. . ,..,:.i f 2 -...t..=*; ------.....,...; � .# r . • . � ,. ..-. , ,,a Lots under Construction Home Detail continues to move towards completion of the home at 5745 3rd Street. They are working with other potential buyers that have shown an interest in the area. Attached are photos taken 1/31/13. '' .� " " yea d F� 3 Y � � � . ''46-3,-:-.4.-,,--.., :-..FL,.:As,.,,,,,,,,-,7,,i,,,,,-t,7-; r,,,,,,,,,?„1,,,- „, d r i.,5 ::4,07,7.14 f:1:-::',.;!4;,.4: 41-11a,":*:::'''-'44::,' '-:-.--., ''., ' , ,, .rte v �t ,,, , .., v�.fir,.... -•.a ..F._..� �''`�_..,. .. „.4'..--A-4-v, . .d . a Demolition Buberul Recycling started demolition of the homes at 561 Ironton, 587 Ironton and 5909 Main Street. This week the water and sewer lines were cut and capped, hazardous material removal started, and larger equipment staged for the knock-down and removal of the structures. gip, '''''At, : ,iillialik' ''' '\\`'”.,- ;,;::77--- ,AR Att .. * -':-..1.704.7—r' ::' ''''' Fridley HRA Housing Program Summary Cover Page February 7, 2013 HRA Meeting Report Description Loan Application Summary Loan application activity (e.g. mailed out, in process, closed loans) for past month and year-to-date. Loan Origination Report Loan originations for past month and year-to-date. Remodeling Advisor Shows the number of field appointments scheduled and completed for the Remodeling Advisor Services administered by Center for Energy and Environment. r-� HA—Paul's Documents\HRA\HRA Agenda Items\2012Uanuary 5,2012\Housing Program CoverPage.docx k n -0 C W /-1 O in O O O O O O o 0 O o O 0 V a) o C 'O N O u IA CO u N c-I O O o o 0 o 0 0 o co W Q O U Q a t «.. E 0 Q +. in .; . O c C O -0 o o °' 71,- CNI ,- -I O O � l O O O O 'f ra ., a 0 - a 2 Q O Q CCD L • CU s MO C In 'a -o c a) is O in 0 0 0 0 0 0 0 0 0 0 0 o 0 u 3 J 0 H al C ,rte C 3 ch -0 U a u u 2 N d O O O O O O O o O M 1 Q a O_ Q. C 2 Q o. M C III In 0 !i C * V O � ra IP N ate', N rl o O o .-i o o o O u1 c Z •' C Q. aJ Q H CIS N ++ '-i iii 0 C fa In O c . o = "0 o ++ V = `, w 0 -0 E W i+ = U 7 c LL 3 t LL in CY) c iZ 0_ 0 co 'O C 2 2 L L1 C X X f6 t 0 •J 0 73 Q E -a = C C Ln `° a) a) Q- 3 OA J a) LL = 7 a) JO C ra N cB ns E v �i 0 LL u u E al rIS v) C ''-'-',) = ca, rti :°_ cc , ¢ Q Q ¢ 20 Y O Q cc E co Q 0 2 = 2 = w .L 2 0 z 1 U- Q n. 2 2 2 2 2 2 c� n. x 2 0 * { Fridley HRA 1/15/2013 Loan Originations Programs This Month Previous Month Since 1/1/2013 HRA Loans(inch CFUF Discount loans) $ - $ $- Leveraged Loans $ - $ $ Total $ - $ - $ Funding Sources This Month Previous Month Since 1/1/2012 Fridley HRA inc Revolving&FRIDLAST $ $ - $-MHFA FUF/CFUF $ - $ $ Fridley Discount portion for CFUF $ $ - $ _-Met Council $ - $ $-CDBG/HOME $ $ $ _-CEE Energy $ - $ $ _ Other $ - $ $ _ Total $ - $ - $ - Types of Units Improved* `most HH do more than one improvement so the total#will be equal or greater to the number of loans originated This Month Previous Month Since 1/1/2013 /"• Single Family - - Duplex - _ -Tri-Plex - 4to9Units - 10 to 20 Units - 20+Units Total - - 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% Foundation - 0% Exterior Siding/Fascia/Soffit - 0% Roofing - 0% Windows/Doors - 0% Garage - 0% Driveway/sidewalk - 0% Landscaping - 0% �� Misc.exterior projects - 0% Total - 0% O E • 0 a) L 0 N N C - a) w +J a/ O C O• O O O O O O O O O O O O O • O Q V Q E X d C aJ C O a) Q O +' c cu a) O E 5 _ CI) O O O O O O O O O O O O > o c O- N 4 �1 Q N co 44- a) L O OD M > r–I Q Q U N to Tu Vt m m m m m m m m �'� m C `� �' L L > `, ci b4 + > 6 CO O O C N N Q to C O N U O 4! O O oC 2 n3 LL 2 Q 2 Q v' O Z O t E CU L - 0 O• E m Q tto — u..) CU O L fB O -0 C E m a, cc FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY February 7, 2013 NO117Ag(2nda, UPdate • .r 1. BAE / RER Update January was a busy month for the RER project. City Staff took comments on the AUAR (environmental review) scoping document and held an open house to provide more information to interested residents. On January 16th, HRA and City Staff attended a meeting, at BAE,with representatives from the Navy, EPA, MPCA and Hyde Development. The purpose of the meeting was to further discuss the roles of each group in the environmental cleanup to avoid duplication and increased costs. The Navy agreed to be cooperative and the EPA is going to let the MPCA take care of the day to day oversight of the clean up. 2.JLT Site Developer John Allen now owns the property located at 5601 East River Road. Mr. Allen's architects have met with City Staff to get feedback on some preliminary site sketches they had put together. Mr. Allen envisions a high finish office-warehouse building near the RR tracks, a large office building close to the SW corner or the site,and additional office/retail or housing the NW corner of the site. Both options are shown in the schematics below. ,...---,--11-1,-.- 17 - sa —i a • -- e: y f _..- - - - r /s ue, ter— } {I t _ r// .'; h E \ f d 1 e Jr `�,..,y"•s- ham,., � ,'... - n:s. i EF: Yom ' 694 &E. RIVER ROAD 1..a FMr(1 bit i[.t, Pl.kCa,IS.-.,;, y.3 sR' wui„ 4 a, -_ > .a . - III 11 j S ii: I 1 ....�a"+f4'r5i'S i t t 3 3 a "_K',� %, 5 ,5,y, .cm^ 1F.1 I f L 4 - = ss { I , I-, - t i 1 �,._ I N y� '1.'".,-`,.-',,''.p// 1, •.-:-.i -2 ,',.- , -,,,2.,„.......:4,---L--!TT„.,-„,-, --ciiii'F.121,. ...._,.,,,.. .., •,.,, ,,!.;,,,,I.si.,2.1_,,-1--,...___...„,,, ,,,,,.\.,, : ,,.., `�'r s - #€ '-- - ,.. f11: 1'.*: ' t } . I Li." -, ,---""- 1 our'/) *` "-`"--. "; � ,-„ ' L —fi f f i i 1' f `'N-:-=- - *mow- �`L- f z t ire e s r I 1 ]'t "`3 q,`S � •� ."c utiz r nbcr+;u.aI rsrus a '°a fl- '''- - —1\ II — _ --.r\. '-'"1 s/I _. b 'r Y5 t #.'Fner 73 . . L-7/"'w, .''',°:`' i ae c , -,. 4M ` q %r" _ 694 & RIVER ROAD sue rc�. j� ` - yr 3 „\i:UiTRI wLEiIiCICS.L.1P, t31 LE [41JC PT • Staff will Uruzg forward, on March 7th, a schedule and list of actions necessary to activate the Transit TIF District the HRA was able to create because of special legislation. It is the increased value and increment generated by this site that will provide the funding for other projects in the Trail,sit 7E,IF area. t v a . t '-. ieJ v 4 : ,t .- r , -$ . i # . .. .,. k III 3. Columbia Arena City Staff has been contacted by Lake Area Bank indicating that they are starting foreclosure procedures against the arena property. I will keep you updated as we learn more. 4. Home and Garden Show- 2013 North Metro 'Home 8 Garden lio l� Saturday Saturday5 February 23, 2013 at the Schwan Sport Event Center 9:00 am until 3:00 pm • 1740 105th Avenue Northeast, Blaine, Minnesota Sponsored by the Cities of: • Blaine * i.blaioe.rr n.us OT • Fridley • w� lr e a. METRO 114)A11.12:ii- SitIPEN ) • Mounds ie oun'ls-vie f m Y, w riorlerosomtlgrdr cod. Staff from the sponsoring cities will be on hand to answer your questions about housing, development and ' planning. The Non-Agenda Update is simply a means for Staff to provide the Authority information on items that are not regular agenda items. Topics covered include proposed projects still in the idea stage, updates on existing projects, construction updates and other items that may be of interest to the Authority, but not rec1uiring public discussion or action. 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.fi-idley.mn.us iv