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HRA 12/06/2012 December 6, 2012 HRA Meeting Regular Meeting Agenda 7:00 p.m. Call to order Roll call Action Items 1. Approval of Expenditures 2. Approval of November 1, 2012, Meeting Minutes 3. Approval of Draft 2013 Budget 4. Award of Demolition Contract - Housing Replacement Program Informational Items 1. Housing Loan Program Update Adjournment K:\COMMISSION AGENDAS\HRA Commission\2012 HRA Agendas\12 12 06.docxK:\COMMISSION AGENDAS\HRA Commission\2012 HRA Agendas\12 12 06.docx Novemb J"S13 Fridley H' 'Specking Acco' "fayable Ac. t egister Date Check# Vendor Invoice# Description Code Amount 11/7/2012 29441 Anoka County 561 Ironton Property Taxes 501-0000-430-4350 883.79 883.79 11/15/2012 29445 Monroe Moxness Berg 134720 Administration Fees 100-0000-430-4330,4606 70.70 100-0000-430-4330,4607 195.00 474-0000-430-4330 2,062.40 2,328.10 11/19/2012 29442 Center for Energy&Environment 11245 Revolving Loan-5741 7th St NE 265-0000-127-0000 18,391.00 Loan Origination Fees 265-0000-430-4340 550.00 Remodel Advisor Visits-1&Installation Verification 265-0000-430-4340 270.00 19,211.00 11/13/2012 29446 Liesch 06801481.00-1 Demolition Services-561&587 Ironton,5909 Main 501-0000-430-4330 4,682.66 4,682.66 11/1/2012 29443 City of Fridley Q2 Billing for Administrative&Operating Expenses 100-0000-430-4107 50,425.00 Quarter 2 100-0000-430-4221 109.47 100-0000-430-4332 23.14 100-0000-430-4335 50.33 100-0000-430-4336 2,877.48 100-0000-430-4340 522.06 100-0000-219-1001 4,713.12 100-0000-219-1004 184.60 100-0000-219-1100 362.25 100-0000-219-1200 162.00 100-0000-219-1700 2,064.72 100-0000-219-2300 98.28 100-0000-219-2400 789.26 100-0000-219-2500 69.24 62,450.95 11/1/2012 29444 City of Fridley Q3 Billing for Administrative&Operating Expenses 100-0000-430-4107 50,425.00 Quarter 3 100-0000-430-4332 23.40 100-0000-430-4335 117.15 100-0000-430-4336 2,877.48 100-0000-430-4340 535.02 100-0000-430-4346 140.00 100-0000-219-1001 4,713.12 100-0000-219-1004 323.05 100-0000-219-1100 362.25 Novemb )313 Fridley H' \hecking Accc )Payable Ac. t °I Register Date Check# Vendor Invoice# Description Code Amount 100-0000-219-1200 108.00 100-0000-219-1700 2,408.84 100-0000-219-2300 65.52 100-0000-219-2400 427.56 100-0000-219-2500 80.78 62,607.17 11/13/2012 29447 Xcel Energy Final Electricity Bill at 551 Hugo St NE 501-0000-430-4338 25.65 25.65 11/18/2012 Sun Newspapers 16468 Legal-Demolition of HRP Properties 501-0000-430-4334 165.55 165.55 November Invoices $ 152,354.87 A •'■ CITY OF FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION November 1, 2012 CALL TO ORDER: Chairperson Pro Tem Gabel called the HRA Meeting to order at 7:05 p.m. ROLL CALL: MEMBERS PRESENT: William Holm Pat Gabel Steven Eggert MEMBERS ABSENT: Larry Commers OTHERS PRESENT: Paul Bolin, HRA Assistant Executive Director William Burns, City Manager Jim Casserly, Development Consultant Darin Nelson, Finance Director/Treasurer Becky Kiernan, Accountant n ACTION ITEMS: 1. Approval of Expenditures MOTION by Commissioner Holm to approve the expenditures. Seconded by Commissioner Eggert. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY 2. Approval of October 4, 2012 Meeting Minutes MOTION by Commissioner Eggert to approve the minutes as presented. Seconded by Commissioner Holm. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY 3. Approval of Home and Garden Show Administrative Contract Paul Bolin,HRA Assistant Executive Director, stated that Fridley has been the fiscal agent for the Home & Garden Show for 15 years. (Blaine and Mounds View) Revenues from the booth rental cover all expenses for the show. Since 2005, the Home and Garden Show has contracted with Marsha Wagner from Castle Visions to perform all administrative tasks for • Housing and Redevelopment Authority Meeting of November 1, 2012 2 the show. Her work has been excellent and much appreciated by all. Staff recommends approval of the contract authorizing Castle Visions to perform the administrative work for •'• the 2013 Home and Garden Show. Chairperson Pro Tern Gabel asked what the date was for the 2013 show. Mr. Bolin answered February 23rd from 9-3 at the Schwan's Center new exhibition hall which will be great for a show like this. In the past, vendors were in three different areas and now they will all be in one large area allowing larger booth space for the vendors too. Commissioner Eggert recalled that the event had a good turnout last year. Mr. Bolin agreed it was a good turnout. Attendance is really weather dependent; better weather equals a better turnout. A few years ago we had bad weather and attendance was down quite a bit. Staff is excited to move to the new expo center. Commissioner Eggert asked how the event is advertised to residents. Mr. Bolin replied that it is on the City Website, City Newsletter, and advertised in the Sun Focus, Blaine Shopper, Mounds View paper and the Star and Tribune; plus Clear Channel donates billboard space to promote this event. Chairperson Pro Tern Gabel asked where the billboard was located. Mr. Bolin replied that it varies from year to year and he was not sure this year where it will be located. Usually it is somewhere along Highway 694 within Fridley, one on Highway 35 next to Mounds View and on Highway 10. Chairperson Pro Tem Gabel stated that HRA is front ending the cost but will be reimbursed as the event pays for itself. Mr. Bolin answered yes, that is correct. MOTION by Commissioner Eggert to approve the Home and Garden Show Administrative Contract. Seconded by Commissioner Holm. UPON VOICE VOTE,ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY 4. Approval of Resolution Adopting Addition of Phase VIII to HRP District#1 Paul Bolin, HRA Assistant Executive Director, stated that in December 2010, the Authority approved an amended and restated plan for the Housing Replacement Program (HRP). Parcels can be added by HRA Resolution, provided the parcels meet required criteria. Once homes are in the program and a new home is constructed, the Authority is able to collect increment for 15 years on improvements. Housing and Redevelopment Authority Meeting of November 1, 2012 3 Mr. Bolin stated that Staff recommends approval of Phase VIII of the Housing Replacement Program for the homes located at 5909 Main Street, 561 Ironton Street and 587 Ironton Street. Commissioner Holm assumed all three parcels were candidates for demolition. Mr. Bolin answered yes. The environmental work has been done and reports have been received. Staff is also working with the Engineering Department to put bid packets together in order to solicit bids to demolish these homes. The bids will be on the agenda for the December meeting. MOTION by Commissioner Eggert to approve the Resolution Adopting Addition of Phase VIII to HRP District#1. Seconded by Commissioner Holm. UPON VOICE VOTE,ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED UNANIMOUSLY INFORMATIONAL ITEMS: 1. Housing Replacement Program Update n Paul Bolin, HRA Assistant Executive Director, stated that the new construction continues to move along. Novak Fleck has received the occupancy certificate and closes on Monday. The home at 465 Mississippi Street is sold and coming along well. Boulder Construction is building a second home as part of the HRP Program and they are scheduled to close on the home at 381 Ironton Street. Mr. Bolin said that at the September meeting the Authority approved the sale of the lot to Home Detail at 5745 Third Street. The buyer has the financing together and is closing on the lot Monday morning. They expect to start construction by November 15 which is the sixth home since June that has been built in Fridley because of this program. The builders are asking staff to find more lots for them to build on and we are looking. Mr. Bolin stated that this week there was nothing on the market under$100,000. Last week staff made two offers; one on Lyric Lane they were asking $82,000 and staff made a lower offer rt and we were not successful. The other offer was for the home on 66th Avenue and we were not successful on that bid either. What staff has seen happen is that investors are making blind bids on properties and once the investors look at the home they don't complete the purchase. There is a chance we may still end up with one of these two properties if they come up on the market again. They are both excellent candidates for this program. Mr. Bolin said that the property on 2 '/2 Street that was split into two buildable lots was approved by Planning Commission and goes to City Council Monday night. 1 Housing and Redevelopment Authority Meeting of November 1, 2012 4 Chairperson Pro Tem Gabel was glad construction is starting to happen on Third Street. The Mississippi home is coming along well. She asked if home prices were still "in the ball park" for staff to purchase properties. Mr. Bolin answered yes; we don't want to overpay nor take something off the market that the private market could fix up. Staff are truly looking for homes that should be torn down and demolished. Commissioner Holm asked if the home at 5745 3rd Street was part of Gateway West. Mr. Bolin answered yes. Commissioner Holm asked if HRA still had several lots for sale. Mr. Bolin answered yes, HRA has eight lots for sale. Commissioner Holm asked if the home on Main Street was owned by a Government agency. Mr. Bolin replied that was a Freddy Mac property; our offer was rejected and an investors offer was accepted. Once the investor looked at the property they didn't want it and it came back to us. Chairperson Pro Tern Gabel asked if staff looks at the homes before they make an offer. rt Mr. Bolin answered yes; some homes are not good candidates for this program because they are in too good of shape. Commissioner Holm asked if staff has seen any homes that would qualify for the rehabilitation program like the home that was completed on Mississippi. Mr. Bolin said that he has not seen anything that would be a good candidate for the Home Improvement Demonstration Program. The Housing Replacement Program gives staff the flexibility to also buy and rehab homes to be put back on the market. 2. Housing Loan Program Update Paul Bolin, HRA Assistant Executive Director, reported that in October two RLF loans were closed making a total of 11 loans year to date. There was one Remodeling Advisor Visit for a total of 20 year to date. Housing and Redevelopment Authority Meeting of November 1, 20 i 2 ,I 1 5 ' ID NON AGENDA UPDATE: 6, 1 ,l0 14 i�D William Burns, City,)vlanager, stated that an article in the May newsletter reported home es. in Fridley was behind 41%; now Fridley is at 55.6% in sales. Fridley is still moving (-j slow as far as increased values but we are starting to see them increase a bit and are going in the right direction. ADJOURNMENT: MOTION by Commissioner Eggert to Adjourn. Seconded by Commissioner Holm. UPON VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM GABEL DECLARED THE MOTION CARRIED AND THE MEETING ADJOURNED AT 7:32 P.M. Respectfully Submitted, /6,1:4i7467-4,64,Lik ii Krista Monsrud Recording Secretary n COMMUNITY DEVELOPMENT DEPARTMENT HOUSING AND REDEVELOPMENT AUTHORITY Memorandum DATE: November 29, 2012 TO: William W. Burns, Executive Director of HRA FROM: Darin Nelson, Finance Director Paul Bolin, Assistant Director of HRA Becky Kiernan, HRA Accountant SUBJECT: Approval of Preliminary 2013 Budget On Thursday night, staff will present a draft of the 2013 budget for HRA review. Becky Kiernan, Darin Nelson and Paul Bolin will be available to answer any questions that the Commissioners may have on the proposed budget. The HRA's input, and final TIF numbers from Anoka County, will lead to staff making revisions to the draft budget and then presenting a final version for consideration at the January HRA meeting. The budget is divided into three separate categories. The General Fund covers the bulk of the administrative and overhead costs of the HRA. The Housing Loan Program Fund covers the housing related programs and services (CEE programs, etc.). The Capital Outlay Funds include all of the tax increment (TIF) districts. A 2013 draft budget packet including fund balances as of 9/30/2012 and detailed budget sheets for the categories mentioned above has been included for your review. . f . ) ) ) City of Fridley HRA 2013 Preliminary Budget Packet 2013 Budget General Fund Page (1 -2) Housing Program Page (3-4) Tax Increment Districts..Page (5-12) City of Fridley HRA 2013 Budget General Fund Page 1 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 100-General Fund Beginning Fund Balance As of January 1,2012 7,146,964.07 7,200,251.07 Revenues City Revenues 100-0000-311-1000 Tax Levy 225,660.23 434,000.00 52% 392,395.00 100-0000-311-2000 Tax Levy-Delinquent Years 283.33 - N/A - 100-0000-334-1000 Residual MV Homestead Credit - - N/A - 225,943.56 434,000.00 52% 392,395.00 Other Miscellaneous Revenue 100-0000-362-1000 Interest on Investment Earnings 20,375.41 23,500.00 87% 23,500.00 100-0000-362-1500 Interest on Mortgages(Agro-K) - - N/A - 100-0000-362-2000 Rent and Royalties(Frauenshuh-parking lot rental)-Select Products 8,000.00 9,600.00 83% 9,600.00 100-0000-362-5100 Sale of Miscellaneous Property 46,686.90 - N/A - 100-0000-362-6100 Miscellaneous Revenues(TIF Request) 109,280.63 N/A 184,342.94 33,100.00 557% 33,100.00 ' .. - 3 t s; I Expenses Salaries and Wages 100-0000-430-4101 Full Time Employee Salary 62,115.65 87,864.00 71% 89,295.00 100-0000-430-4107 Temporary Employee Salary - N/A - 100-0000-430-4107 Administration Charges(Allocation) 151,275.00 201,700.00 75% 205,700.00 100-0000-430-4112 Employee Leave 11,929.16 - N/A - 225,319.81 289,564.00 78% 294,995.00 Benefits 100-0000-430-4120 Medicare(1.45%ofSalary) 1,081.43 1,300.00 83% 1,300.00 100-0000-430-4122 Social Security(6.2%of Salary) 4,623.70 5,500.00 84% 5,550.00 100-0000-430-4125 PERA Contribution 725%of Salary) 5,368.21 6,500.00 83% 6,500.00 100-0000-430-4130 Wellness Program 65.00 140.00 100-0000-430-4131 Health Insurance 13,386.34 15,850.00 84% 16,833.00 100-0000-430-4132 Dental Insurance 223.52 240.00 93% 265.00 100-0000-430-4133 Life Insurance 42.50 264.00 16% 51.00 100-0000-430-4150 Workers Compensation 1,352.16 1,800.00 75% 1,800.00 26,077.86 31,519.00 83% 32,439.00 Supplies and Materials 100-0000-430-4221 Operating Supplies 80.80 2,500.00 3% 2,500.00 80.80 2,500.00 3% 2,500.00 Purchased Services 100-0000-430-4330 Professional Services(Kress Monroe,Ehlers,Sevenich,etc) 100,933.45 60,000.00 168% 120,000.00 100-0000-430-4331 Dues and Subscriptions(NAHRO,AICP) 500.00 500.00 100% 500.00 100-0000-430-4332 Communication(Allocation) 148.37 760.00 20% 760.00 100-0000-430-4333 Transportation(Mileage Reimbursement) - 150.00 0% 150.00 100-0000-430-4334 Advertising - 1,000.00 0% 1,000.00 100-0000-430-4335 Printing and Binding(Allocation) 594.00 320.00 186% 750.00 100-0000-430-4336 Insurance-Non Personnel(Allocation) 2,877.48 10,000.00 29% 10,000.00 100-0000-430-4337 Conferences/Seminars/Training(Ehlers TIF Training) 124.00 1,500.00 8% 1,500.00 100-0000-430-4340 Services Contracted(Mowing Contract) 7,245.98 12,000.00 60% 12,000.00 100-0000-430-4346 Miscellaneous Other Services&Charges 653.96 500.00 131% 500.00 113,077.24 86,730.00 130% 147,160.00 Capital Outlay 100-0000-430-4350 Payments to Other Governments(Solid Waste Fees) 1,548.91 3,500.00 44% 2,500.00 100-0000-430-4530 Improvements other than building(Spec Asmts-Fourmies Ave) 16,695.24 1,548.91 3,500.00 44% 2,500.00 't 1_-.,..7 7" s ,r" W m c, _ a 0FY ' :t,. ,. P.1 I,: n.. ...__ ms '. k.. t m...." . .. ..., b� . .:.ice Projected Ending Fund Balance As of December31 7,200,251.07 7,146,152.07 J'.tsher UIRAWRA Budgett2013 BudgetWRA 2013 Preliminary Budget I\ Unaudded Data-For Menaaemeni P a g P �C Onto //\ City of Fridley HRA 2013 Budget Housing Loan Program Page 3 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 265-Housing Loan Programs Beginning Fund Balance As of January 1(Estimated) 2,774,227 2,602,427 Revenues Other Miscellaneous Revenue 265-0000-362-1000 Interest on Investment Earnings 19,810.67 22,500.00 88% 22,500.00 265-0000-362-1501 Interest on Mortgages(Pool 0,1,2) 37,723.43 47,000.00 BO% 47,000.00 265-0000-362-1500 Interest on Mortgages(Pool 3) 180.02 1,300.00 14% 1,300.00 265-0000-362-6100 Miscellaneous Revenue(H&G Show) 18,530.29 23,000.00 81% 23,000.00 76,244.41 93,800.00 81% 93,800.00 Expenses Purchased Services 265-0000-430-4330 Professional Services(Castle Vision-Home Show) 13,381.46 17,500.00 76% 17,500.00 265-0000-430-4334 Advertising(Clear Channel-Home Show) 5,282.06 5,000.00 106% 6,000.00 265-0000-430-4335 Printing and Binding(Advantage Sign-Home Show) 364.45 1,100.00 33% 1,100.00 265-0000-430-4338 Utility Services 306.33 - 500.00 265-0000-430-4340 Services Contracted(CEE+Contractors on Home Remodel Demo) 5,627.63 130,000.00 4% 130,000.00 265-0000-430-4341 Charges/Rentals(National Sports Center/Cenaiko-Home Show) 7,571.46 9,000.00 84% 9,000.00 265-0000-430-4350 Payments to other govts(Taxes on Home Remodeling) - 3,000.00 0% 3,000.00 32,533.39 165,600.00 20% 167,100.00 265-0000-430-4520 Land(Puchase of home for Home Remodeling Demo Project) - 100,000.00 0% 100,000.00 Projected Ending Fund Balance As of December31 2,602,426.99 2,429,126.99 ' J:\Sharr YW RAW RA Budgett2013 BudgeMRA 2013 Preliminary Budget Unaudded Data-For Management P Onto Pag, City of Fridley HRA 2013 Budget Tax Increment Districts Page 5 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 455-Lake Pointe(1985-2025) TIF#6 Beginning Fund Balance As of January 1(Estimated) (556,093.90) (473,923.90) Revenues City Revenues 455-0000-311-1000 Tax Levy 361,702.29 797,000.00 45% 725,000.00 455-0000-311-2000 Tax Levy-Delinquent Years 4,012.58 N/A 365,714.87 797,000.00 46% 725,000.00 Other Miscellaneous Revenue 455-0000-362-1000 Interest on Investment Earnings 2,096.75 2,000.00 105% 2,000.00 2,096.75 2,000.00 105% 2,000.00 Expenses Purchased Services 455-0000-430-4330 Professional Services/Administration Fees 35,655.51 7,500.00 475% 79,700.00 455-0000-430-4340 Services Contracted(Non-prof) 560.00 36,215.51 7,500.00 483% 79,700.00 Capital Outlay 455-0000-430-4536 Parking Facilities(Medtronic Pay as you go) 320,899.60 709,330.00 45% 645,250.00 320,899.60 709,330.00 45% 645,250.00 p't -44":'F .. d . a : t..... s :'. s : Projected Ending Fund Balance As of December 31 (473,923.90) (471,873.90) 456-Winfield(1986-2012) , I TIF#7 Beginning Fund Balance As of January 1(Estimated) 255,592.05 319,642.05 Revenues City Revenues 456-0000-311-1000 Tax Levy 39,073.84 53,000.00 74% - \ ‘‘\.)°.j 456-0000-311-2000 Tax Levy-Delinquent Years 333.58 - N/A - 39,407.42 53,000.00 74% - \ 1 • Other Miscellaneous Revenue 456-0000-362-1000 Interest on Investment Earnings 1,450.34 11,550.00 13% - 1,450.34 11 55000 13% - re �a aroa d`.,:.i,, ion •. "I_ .".",..11 IR l.:latalfttoritlf Expenses Purchased Services 456-0000-430-4330 Professional Services/Administration Fees 3,864.38 500.00 773% - 3,864.38 500.00 773% - Capital Outlay 456-0000-430-4521 Capital Outlay - - N/A - - N/A - Projected Ending Fund Balance As of December 31 319,642.05 319,642.05 • J.\Sher, )B\HRA\HRA Budget\2013 Budget\HRA 2013 Preliminary Budget UnaudRed Onta-For Management F �OnN Pag City of F. IRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 458-Onan(1989-2015) TIF#9 Beginning Fund Balance As of January 1(Estimated) 1,126,260.82 1,437,760.82 Revenues City Revenues 458-0000-311-1000 Tax Levy 173,074.42 312,000.00 55% 350,000.00 458-0000-311-2000 Tax Levy-Delinquent Years 1,761.63 - N/A - 174,836.05 312,000.00 56% 350,000.00 Vi). Other Miscellaneous Revenue 458-0000-362-1000 Interest on Investment Earnings 9,269.17 N/A \of 9,269.17 - N/A - S Expenses X*/ Purchased Services V� 458-0000-430-4330 Professional Services 17,081.04 500.00 3416% 35,000.00 17,081.04 500.00 3416% 35,000.00 Capital Outlay I\13 458-0000-430-4521 Capital Outlay-Northstar Land Acquisition - - N/A - - N/A - -A .v. ".e, &', �'s * � .- 4ti .i:r !.a; ^xk wry::, t a• u,9.a .s n":1; ; ,�Jr •e * „ _ r Projected Ending Fund Balance As of December 31 1,437,760.82 1,762,760.82 462-University/Osborne(1992-2018) TIF#11 Beginning Fund Balance As of January 1(Estimated) 27,092.92 91,842.92 Revenues City Revenues 462-0000-311-1000 Tax Levy 30,416.82 65,000.00 47% 60,000.00 462-0000-311-2000 Tax Levy-Delinquent 130.43 - N/A - 30,547.25 65,000.00 47% 60,000.00 Other Miscellaneous Revenue 462-0000-362-1000 Interest on Investment Earnings 722.45 250.00 289% 250.00 722.45 250.00 289% 250.00 Expenses Purchased Services 462-0000-430-4330 Professional Services/Administrative Fees 3,024.96 500.00 605% 6,000.00 3,024.96 500.00 605% 6,000.00 Capital Outlay 462-0000-430-4521 Capital Outlay-Northstar Land Acquisition - - N/A - - N/A - • a r' . : ^_•�. Gn dam. C _ Projected Ending Fund Balance As of December 31 91,842.92 146,092.92 J.\Share\.KvrnanB\HRA\HRA Budget\2013 Budget\HRA 2013 Preliminary Budget Unaudited Data-For Management Purposes OnN Page 7 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YID as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 463-McGlynn(1992-2019) TIF#12 Beginning Fund Balance As of January 1(Estimated) (20,018.91) (51,201.37) Revenues City Revenues 463-0000-311-1000 Tax Levy 19,835.62 44,000.00 45% 40,000.00 19,835.62 44,000.00 45% 40,000.00 Other Miscellaneous Revenue 463-0000-362-1000 Interest on Investment Earnings 210.92 305.00 69% 305.00 210.92 305.00 69% 305.00 Expenses Purchased Services 463-0000-430-4330 Professional Services/Administrative Fees 1,983.56 500.00 397% 4,000.00 1,983.56 500.00 397% 4,000.00 Capital Outlay 463-0000-430-4521 Capital Outlay - - N/A - - N/A - Ss;:"�..akk� �'�," a��}r ..ate. �!4�� . . �ta. ):�x,°r:s��. ` , .. .,�: `��'a3� ....{ 4uy.. z s. ,I '�" � .� :2�."'t�', c=..�,". `;� s , Projected Ending Fund Balance As of December31 23,786.09 (14,896.37) 464-Satellite(1995-2023) TIF#13 Beginning Fund Balance As of January 1(Estimated) (51,201.37) (3,823.37) Revenues City Revenues 464-0000-311-1000 Tax Levy 45,341.66 47,628.00 95% 90,000.00 464-0000-311-2000 Tax Levy-Delinquent Years 689.62 - N/A - 464-0000-334-1000 Residual MV Homestead Credit 5,107.00 - N/A - 51,138.28 47,628.00 107% 90,000.00 Other Miscellaneous Revenue 464-0000-362-1000 Interest on Investment Earnings 322.10 250.00 129% 250.00 322.10 250.00 129% 250.00 Expenses Purchased Services 464-0000-430-4330 Professional Services/Administrative Fees 1,356.73 500.00 271% 9,000.00 1,356.73 500.00 271% 9,000.00 Capital Outlay 464-0000-430-4521 Capital Outlay-Northstar Land Acquisition - - N/A - - N/A - m ` �M . +"+u rafa *. E'S':."4r _ a a.1q" .' : a';!;. , _ .`dkp?E, ,G e+'"wk.�' • Projected Ending Fund Balance As of December 31 (3,823.37) 77,426.63 • ' J.\Share' )B\HRA\HRA Budget\2013 BudgetWRA 2013 Preliminary Budget \ Unaudited Data-For Menaaement r �cmft 1 Page. • City of h )HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 467-57th Ave(1997-2023) TIF#16 Beginning Fund Balance As of January 1(Estimated) (122,111.78) (95,511.78) Revenues City Revenues 467-0000-311-1000 Tax Levy 13,497.16 27,000.00 50% 27,000.00 467-0000-311-2000 Tax Levy-Delinquent Years 74.72 - N/A - 13,571.88 27,000.00 50% 27,000.00 Other Miscellaneous Revenue 467-0000-362-1000 Interest on Investment Earnings 251.39 100.00 251% 100.00 467-0000-362-5100 Sale of Misc Property-Pay as you go settlement - N/A 2-.'5 1.39 Fp,1..00'.0 0 2 51% 1 00.00 ' gr4 'qq irqAl ' V,VAI" C h. % u M kOit;f Expenses :gy15 m Purchased Services 467-0000-430-4330 Professional Services/Administrative Fees 1,340.09 500.00 268% 2,700.00 1,340.09 500.00 268% 2,700.00 Capital Outlay 467-0000-431-4510 Capital Outlay(Linn Pay as you go) - - N/A - - N/A - Projected Ending Fund Balance As of December 31 (95,611.78) (71,111.78) 468-Gateway East(2001-2028) TIF#17 Beginning Fund Balance As of January 1(Estimated) (734,733.65) (699,850.65) Revenues City Revenues 468-0000-311-1000 Tax Levy 14,053.15 35,000.00 40% 30,000.00 468-0000-311-2000 Tax Levy-Delinquent Years - - N/A - 468-0000-334-1000 Residual MV Homestead Credit - - N/A - 14,053.15 35,000.00 40% 30,000.00 Other Miscellaneous Revenue 468-0000-362-1000 Interest on Investment Earnings 254.42 383.00 66% 383.00 254.42 383.00 66% 383.00 Expenses Purchased Services 468-0000-430-4330 Professional Services 1,465.78 500.00 293% 3,000.00 1,465.78 500.00 293% 3,000.00 "'t=Mws .`sue , T-m •. . .. .._.-` � ka nN>=� _:✓ --`�� °� �..' ' ";•Vi=n= x x Projected Ending Fund Balance As of December 31 (699,860.65) (672,467.65) J.\Share0<ornanB\RBA\HRA Budget12013 BudgetWRA 2013 Preliminary Budget Unaudhed Data-For Management Purposes Only Page 9 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 470-Gateway West(2005-2032) TIE#18 Beginning Fund Balance As of January 1(Estimated) (1,505,633.42) (1,604,007.42) Revenues City Revenues 470-0000-311-1000 Tax Levy 3,517.55 9,526.00 37% 9,526.00 470-0000-311-2000 Tax Levy-Delinquent Years - - N/A - 470-0000-334-1000 Res MV Homestead Credit - 3,517.55 9,526.00 37% 9,526.00 Other Miscellaneous Revenue 470-0000-362-5100 Sale of Misc Property 1,000.00 - N/A - 470-0000-362-1000 Interest on Investment Earnings 734.23 100.00 734% 100.00 470-0000-362-6100 Miscellaneous Revenue(Insurance Claim) - - N/A - 1,734.23 1.00.00 1734%p. 100.00 1 '' °•"tt'� l 7ppt' t -i? 5 : • Expenses Purchased Services 470-0000-430-4330 Professional Services/Administrative Fees 351.76 500.00 70% 900.00 470-0000-430-4340 Services Contracted(Mowing Contract) 4,640.00 7,500.00 62% 7,500.00 470-0000-430-4350 Payments to Other Governments(Anoka County-Property Tax) - - N/A - 4,991.76 8,000.00 62% 8,400.00 Capital Outlay 470-0000-430-4530 Improvements other than building(Final Asphalt) 6,370.60 - N/A - 6,370.60 - N/A - e .. � ,. & c ;• Viz , Projected Ending Fund Balance As of December 31 (1,504,007.42) (1,502,781.42) 472-Main Street(2009-2034) TIF#19 Beginning Fund Balance As of January 1(Estimated) (18,137.22) (18,337.22) Revenues City Revenues 472-0000-311-1000 Tax Levy 57,785.65 121,000.00 48% 116,000.00 472-0000-311-2000 Tax Levy-Delinquent Years 361.38 - N/A - 58,147.03 121,000.00 48% 116,000.00 Other Miscellaneous Revenue 472-0000-362-1000 Interest on Investment Earnings 1,049.46 300.00 350% 300.00 1,049.46 300.00 350% 300.00 Expenses Purchased Services 472-0000-430-4330 Professional tcry(Pay 5,732.81 1,600.00 358% 472-0000-431-4510 Capital Outlay(Pay as you go) - 119,600.00 0% 121,200.00 5% i " N . �`' < , :'Q • .r ,!•N_ #.• _ve f 1 `f :! ..w1.S* ', '' ,. Projected Ending Fund Balance As of December 31 (18,337.22) 86,062.78 J.\Sher \HRA\HRA Budget\2013 BudgeFHRA 2013 Preliminary Budge/ Unaudded Data-For Management P OnN Page • City of F. )HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 474-Gateway NorthEast(2017-2042) TIF#21 Beginning Fund Balance As of January 1(Estimated) (1,002,835.64) (1,313,835.54) Revenues City Revenues 474-0000-311-1000 Tax Levy N/A 474-0000-311-2000 Tax Levy-Delinquent Years - N/A - - N/A - Other Miscellaneous Revenue 474-0000-362-1000 Interest on Investment Earnings 4,237.03 - N/A - 4,237.03 - N/A - Expenses Purchased Services 474-0000-430-4330 Professional Services/Administrative Fees 17,711.32 300,000.00 6% 300,000.00 474-0000-430-4334 Advertising 227.70 474-0000-430-4340 Other Services/Charges(Complete Ground Services) 4,320.00 8,000.00 8,000.00 474-0000-430-4350 Other Services/Charges(Payments to Other Govt-Taxes) 599.04 3,000.00 3,000.00 474-0000-431-4520 Capital Outlay - - N/A - 22,858.06 311,000.00 7% 311,000.00 Projected Ending Fund Balance As of December 31 (1,313,835.54) (1,624,835.54) J.\ShareM(iemanB\HRA\HRA Budgev2013 Budget0lRA 2013 Prepminary Budget Unaudded Data-For Manaoement Purposes OnN Page 11 City of Fridley HRA Budget Fiscal Year 2013 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget 501-Housing Replacement(1997-2024)Scattered Site Beginning Fund Balance As of January 1(Estimated) 132,066.83 (370,234.17) Revenues City Revenues 501-0000-311-1000 Tax Levy 15,243.60 28,000.00 54% 30,000.00 501-0000-311-2000 Tax Levy-Delinquent Years - N/A 501-0000-334-1000 MV Homestead Credit - - N/A - 15,243.60 28,000.00 54% 30,000.00 Other Miscellaneous Revenue 501-0000-362-1000 Interest on Investment Earnings 4,237.03 2,200.00 193% 2,200.00 501-0000-362-5100 Sale of Misc Property 268,849.49 90,000.00 273,086.52 2,200.00 12413% 92,200.00 Expenses Purchased Services 501-0000-430-4330 Professional Services/Administrative Fees 762.18 25,000.00 3% 3,000.00 501-0000-430-4334,4338 Other Charges 471.09 500.00 500.00 501-0000-430-4340 Services Contracted(Mowing Contract) 6,125.28 4,000.00 153% 4,000.00 501-0000-430-4350 Other Services&Charges/Payments to other govts-Taxes 5,388.85 3,000.00 3,000.00 501-0000-430-4520 Capital Outlay/Building (Home demonstration&demolition homes) 98,245.76 500,000.00 500,000.00 110,993.16 532,500.00 21% 510,500.00 .,t �"�: Projected Ending Fund Balance As of December 31 (370,234.17) J.\Shan �i\HRA\HRA Budget\2013 Bodget\HRA 2013 Preliminary Budget Unauddetl Data-For Management F �OnN 1 Pag\ City of F )y HRA Budget Fiscal Year 2012 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget General Fund Beginning Fund Balance As of January 1,2012 7,200,251.07 Revenues City Revenues Tax Levy 225,660.23 434,000.00 52% 392,395.00 Tax Levy-Delinquent Years 283.33 - N/A - Residual MV Homestead Credit - - N/A - 225,943.56 434,000.00 52% 392,395.00 Other Miscellenous Revenue Interest on Investment Earnings 20,375.41 23,500.00 87% 23,500.00 Interest on Mortgages - - N/A - Rent and Royalties 8,000.00 9,600.00 83% 9,600.00 Sale of Miscellaneous Property 46,686.90 - N/A - 75,062.31 33,100.00 227% 33,100.00 Expenses Salaries and Wages 225,319.81 289,564.00 78% 294,995.00 Benefits 26,077.86 31,519.00 83% 32,439.00 Supplies and Materials 80.80 2,500.00 3% 2,500.00 Purchased Services 113,077.24 86,730.00 130% 147,160.00 Other Finance Uses 1,548.91 3,500.00 44% 2,500.00 366,104.62 413,813.00 88% 479,594.00 t r ,_ �`.�'"^:>"�� sG�� .,...a. .P Projected Ending Fund Balance As of December 31 7,146,152.07 Unaudited Data-For Management Purposes Only City of F. �y HRA Budget Fiscal Year 2012 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget Housing Program Beginning Fund Balance As of January 1 2,602,427 Revenues Other Miscellenous Revenue Interest on Investment Earnings 19,810.67 22,500.00 88% 22,500.00 Interest on Mortgages(Pool 0, 1, 2) 37,723.43 47,000.00 80% 47,000.00 Interest on Mortgages(Pool 3) 180.02 1,300.00 14% 1,300.00 Miscellaneous Revenue(H&G Show&demonstration homes) 18,530.29 23,000.00 81% 23,000.00 76,244.41 93,800.00 81% 93,800.00 Expenses Purchased Services 32,533.39 165,600.00 20% 267,100.00 32,533.39 165,600.00 20% 267,100.00 f t S.-f f d ,� • ,c µ o 'i�1,„1:L;p� w`ti'.. _ s 6 � eg^^' t ;T 't #+Q I ,�` a ? $ �`'MSm "' AVA�lL:k5d2i � �sa.tL�M . . .t g e n � ., Projected Ending Fund Balance As of December 31 2,429,126.99 Unaudited Data-For Management Purposes Only City of F )y HRA ) Budget Fiscal Year 2012 2012 Activity YTD as a%of Account Description through 10/31/12 FY 2012 Budget Budget FY 2013 Budget TIF Districts Beginning Fund Balance As of January 1 (2,681,479.63) Revenues City Revenues Tax Increment 773,541.76 1,539,154.00 50% 1,477,526.00 Tax Increment-Delinquent Years 7,363.94 - N/A - Residual MV Homestead Credit 5,107.00 - N/A - 786,012.70 1,539,154.00 51% 1,477,526.00 Other Miscellenous Revenue Interest on Investment Earnings 24,835.29 17,438.00 142% 5,888.00 Transfers and Other Miscellenous Receipts 1,000.00 - N/A - 25,835.29 17,438.00 148% 5,888.00 Expenses Purchased Services 90,330.12 338,100.00 27% 454,900.00 Capital Outlay 425,515.96 1,328,930.00 32% 1,145,250.00 Other Finance Uses 21,544.26 26,000.00 83% 26,000.00 537,390.34 1,693,030.00 32% 1,626,150.00 g �� ., � ," ;z� �� n :'`� � €� �. »a.+,, .,...uv�,� 1� °�k`' ,�«-s s �s �F�x� �,�,u� a � r «a,s*a.� 3; "a✓ .: � a��y�ra�1111-117:::::17:17:17217 .. ..w`v...<z',..,a�� .��_.�.err..."u.' 6ti77'7 3^ _ Projected Ending Fund Balance As of December 31 (2,824,215.63) Unaudited Data-For Management Purposes Only ACTION ITEM Ilk HRA MEETING OF DECEMBER 6, 2012 CITY OF FRIDLEY Date: November 29, 2012 To: William Burns, Executive Director From: Paul Bolin, Asst. Executive HRA Director Subject: Housing Replacement Program —Awarding of Demolition Bid Staff has once again worked with the City's Public Works Department to carryout the formal bidding process for the demolition of three single family homes. Notices were placed on the City of Fridley's website and in the Fridley Focus. The bid opening will take place at 1:00 PM on December 4, 2012. The properties to be demolished, for the housing replacement program, include the homes at 561 fronton, 587 Ironton and 5909 Main Street. Contractors were invited to an informational pre-bid meeting and tour of the properties held on November 27th. /""■ The meeting and tour provided an opportunity for the contractors to ask questions of City Staff and the Environmental Consultant from Liesch Associates. Staff is confident that we have done all we can to ensure that the HRA gets the most competitive bids possible. By providing the hazardous material reports upfront and conducting pre-bid meetings and site tours, we have eliminated much of the guesswork on the part of the bidders. After opening bids and conducting a background check, Staff will bring forward the winning bid at next week's Authority meeting. Fridley HRA Housing Program Summary Cover Page December 6, 2012 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 Monthly loan originations 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. n H:\--Paul's Documents\HRA\HRA Agenda Items\2012\December 6,2012\Housing Program CoverDecember12.docx Fridley HRA November 15, 2012 Application Summary 10/15-11/15 Year-To-Date New Applications Total Applications Rec'd/ Loans Applications Applications Loans Program Sent Out* in Process Closed Mailed Processed Closed HRA Revolving Loan Fund 2 1 1 28 22 8 HRA- Fridley Last 1 1 1 4 4 2 MHFA Deferred Loan 0 0 0 0 0 0 MHFA Fix-Up Fund 0 0 0 4 0 0 MHFA Community Fix-Up Fund 1 0 0 2 0 0 MHFA Community Fix-Up w/ Discount 0 0 0 0 0 0 CEE Home Energy Loan 1 1 0 11 2 1 1 2 2 1 Private Bank Loan (through CEE) 1 1 2 Xcel OSES 0 0 0 3 3 MHFA Rental Rehab Loan Fund 0 0 0 0 0 0 DOC Rental Energy Fund 0 0 0 0 0 0 Totals: 6 4 3 54 33 14 *Number of applications sent out does not take into account property owners downloading their application from the CEE website n Fridley HRA 11/15/2012 Loan Originations Programs This Month Previous Month Since 1/1/2012 HRA Loans(incl.CFUF Discount loans) $ 28,391.00 $ 7,019.00 $ 147,957.00 Leveraged Loans $ 4,480.00 $ - $ 15,508.13 . Total $ 32,871.00 $ 7,019.00 $ 163,465.13 Funding Sources This Month Previous Month Since 1/1/2012 Fridley HRA inc Revolving&FRIDLAST $ 28,391.00 $ 7,019.00 $ 147,957.00-MHFA FUF/CFUF $ - $ $ Fridley Discount portion for CFUF $ - $ - $-Met Council $ - $ $ CDBG/HOME $ - $ $ CEE Energy $ - $ - $ 5,400.00 Other $ 4,480.00 $ - $ 10,108.13 Total $ 32,871.00 $ 7,019.00 $ 163,465.13 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 1/1/2012 /".■ Single Family 3 2 10- - - Duplex _ Tri-Plex 2 4to9Units - 10 to 20 Units _ 20+Units - Total 3 2 12 Types of Improvements Interior #of Projects %of Total _ Bathroom remodel 0% Kitchen remodel 1 5% General plumbing 1 5% 2 10% Heating system Electrical system 2 10% _ 0% Basement finish 0% Insulation Room addition 1 5% Misc.interior projects 1 5% 0% Foundation Exterior Siding/Fascia/Soffit 2 10% 2 10% Roofing Windows/Doors 6 30% 0% Garage 5% Driveway/sidewalk 1 0%- /� Landscaping Misc.exterior projects 1 5% Total 20 100% Fridley HRA Remodeling Advisor Service - 2012 November 15, 2012 Remodeling Advisor Appointments Appointments Month Scheduled Completed Jan-12 0 0 Feb-12 2 2 Mar-12 1 1 Apr-12 3 3 May-12 3 3 Jun-12 7 7 Jul-12 0 0 Aug-12 2 2 Sep-12 1 1 Oct-12 1 1 Nov-12 1 1 Dec-12 0 0 Total 21 21 *Remodeling Advisor monthly amounts may change as paperwork from a visit may not come in until the next month for the previous month. Summary of Broker Activity Over the past year Premier Commercial Properties have generated a number of potential purchasers for the GWNE property. The following table is a summary of the groups that have shown a genuine interest in developing a portion of the property and have the ability to develop a product that would be desirable for these visible sites. Name Type of Use Timeframe Status Duffy Development _Townhome/Condo Spring 2012 Inactive/no market McNutt Companies Retail July/August 2012 Active/sale expected Habitat for Humanity Owner occupied July/August 2012 Inactive/wanted to townhomes purchase, not enough density OneCorp Retail September/Oct. 2012 Active/ doing market analysis Lyons/Trident Rental Apartments May/ November Active/ potential to coordinate with OneCorp Faulkner Senior Housing Spring 2012 Inactive Development Kornovich Rental Townhomes Fall 2012 Active Development Podawiltz Rental Townhomes Summer/Fall 2012 Active Development There have been a number of calls from other parties that have inquired about purchasing the property for uses that would not be as desirable or provide the type of return the Authority is hoping to generate on its investment. These include parties that wanted to purchase portions for uses including single family homes and "mom and pop" repair garages. Over the past year, in addition to signage on University Avenue (which has resulted in a number of inquiries), Premier has also been doing their normal marketing which includes MN Commercial Property Exchange (MCPE), Loop Net, Co Star, City Feet, and other MLS exchanges. They have also done a number of broadcast emails off MCPE that usually includes about 700 commercial agents. They have also done email and mailer marketing brochures, and it is on their web site at www.premiercommercialproperties.com Additionally, Premier has also directly contacted a number of the medical, rental, and retail contacts that they have developed over the years. FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY December 6, 2012 J. UPCItte 1. Building Permit Monthly Report- November 2012 The report for November was not available at the time of creating this packet. The November report will be distributed at next week's meeting. 2. JLT Site / Northstar Transit TIF District Last week, staff met with a developer that is very close to purchasing the JLT Site. The developer is planning to construct a high finish office/showroom/warehouse along the eastern 1/2 of the property to screen the RR tracks and the backside of Home Depot (as shown on plan below). The developer feels screening of the RR tracks is necessary to attract Fortune 500 companies to the western 13 acres of the site. Staff will keep you updated as we learn more after the closing of the sale. Once the closing is confirmed, staff will initiate the creation of the NS Transit TIF District in order to capture the new value created by the new construction. x £ -7-'1':'=:--r:-` '- 1 A 2t_ I)iT., Sj 1_ 1 oiitti, � -"x- � el il�lllflllll{ •c r- s' f' °`` : 11 ,,-I-l am...._ � 1 11 �.-�' . ate- 'z- �. `� - f 1 ta- s I�`^ is O (° 1 .` g2 Ar ! W: C\;\. q L.. �:� �® OUTLOT 570.868 S.F.a 13.1 ACRES F,gsr �"::\ /� \ 3. Columbia Arena We still have not heard from Bill Fogerty, Columbia Arena owner, since he received City Council approval for the SUP and plat needed for his proposed senior housing project on September 10th. 4. BAE / RER Update Staff has met with Mr. Hyde two times over the past 1 1/2 weeks. After some lengthy delays caused by the current owner and Wells Fargo,Mr. Hyde finally received the extension he needed to complete the AUAR environmental study. The project can now move forward. Mr. Hyde's consultants have started work on the AUAR and are also putting together a rezoning application to change the zoning from Industrial to S-2 (Redevelopment). ii Attached to this non-agenda update is a memorandum, from Attorney Casserly,recommending that we certify the TIF District for this project yet this year. Certifying this district (#20),will then allow us to certify the GWNE TIF district (#21) in chronological order. There is no formal action required on the part of the Authority,it is simply a matter of filing the proper paper work. 5. Gateway Northeast The possible scenarios for new development continue to evolve. David McNutt,McNutt Companies,is still proposing to construct up to 4,500 sq. ft. of new retail space on the former Sinclair site. Mr. McNutt's architect,Dean Dovolis,also works for the OneCorp Group out of Florida who also have an interest in developing additional retail space towards the northern end of the block. Staff had an opportunity to meet with the OneCorp group, their architect,and their market study/retail recruiter to discuss the potential for the site. At this time, they feel that Fridley is really a black hole for a number of national retailers (ie. they are located around us,but not in Fridley). As these retailers look to expand, they can no longer just keep moving out to the next suburb / exurban area and are looking instead to grow by filling in the missing gaps within their existing markets. Below is a concept plan they put together for discussion purposes. OneCorp is interested in developing the retail in conjunction with Mr. McNutt and would also like to see a housing component developed on a portion of the site. RETAIL- RETAIL RETAIL MULTI-FAMILY �� HOUSI - ea. � ow* . _�>J in"+�: - ''sum° tllfiefMla�� ea7swia _O�i��i�r- A10�9�YtOaYt PSI dA! r _ A UNIVERSITY AVE-NE 6USTRANSIT I - AXIS' Staff had a lengthy teleconference with the Trident group on Thursday 11/29. They are extremely interested in developing approximately 100 higher end market rate rental units on the site. Their concept is to construct 50 units of market rate rental 3-4 stories in height,with stone and other urban looking high end finishes, aimed at young professionals. They would also build 50 units of high end market rate rental aimed at younger 55+ seniors. The two buildings would be connected by a clubhouse and would have underground parking. They liked the idea of new retail being constructed north of them. Staff is trying to coordinate these different players in order to get the best mix of uses for the site. Things are still too preliminary to have any meaningful discussion,but Staff is optimistic that we will be bringing a recommendation and some action items forward by February. If these 3 developers are able to move their projects forward it will certainly change the image along University Avenue. In other GWNE happenings, Staff has had further discussions with the Fridley Animal Hospital about a potential purchase and relocation. Originally the owner had wanted to stay on this block,but has now indicated a willingness to move within a 2-4 mile radius. Our relocation consultant,Dan Wilson,is working with the owner to find a suitable site. iii Habitat for Humanity has also spent time discussing a purchase of portions of the property for owner occupied townhomes. Initially it sounded like there may be a spot for some townhome units on the southern end of the site. As discussions progressed Habitat wanted more of the property, culminating in a site plan that had them constructing only 20 townhome units between the existing Gateway East townhomes and 60th Avenue. In essence they would have taken 2/3's of the land area for a use that would not generate much in increment and would not make a bold statement along University Avenue. Additionally, they would not have started construction until the spring of 2014 and may not have been able to finish the 20 units by December of 2016 (when the Authority needs to start collecting increment). 6. Dr. Bums' Retirement In case you missed it in the mail, attached is an invitation to the retirement activities for Dr. Bums. 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 requiring 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.fridley.mn.us iv • MON ROE 8000 Norman Center Drive r 952.885.5999 MO.NESS Suite 1000 F 952.885.5969 BERG Minneapolis,MN 55437-1178 w;vw.MMBLawFirm.com James R.Casserly jasserly @mmblawfirm.com Direct 952.885.1296 MEMORANDUM TO: Fridley Housing Redevelopment Authority Attn: Paul Bolin, HRA Assistant Executive Director Attn: Scott Hickok, Community Development Director Attn: William Burns, Executive Director FROM: Monroe Moxness Berg PA James Casserly, Esq. DATE: November 29, 2012 RE: BAE Site/RER Project - Certification of TIF District No. 20 and 20A Our File No. 9571-77 Last April the HRA approved the creation of TIF District No. 20 and Hazardous Substance Subdistrict 20A. The City Council held the public hearing on April 9, 2012 and approved the creation of the District and the Subdistrict. At this time neither the District nor the Subdistrict has been certified with Anoka County. The delay in certification is a result of environmental issues and the need to secure an extension for closing with the mortgage holder and seller. The environmental process is proceeding and the necessary closing delays have been obtained. Our goal is to have a development agreement ready for HRA review at its January 3, 2013 meeting. It would be prudent to request certification from Anoka County for TIF District No. 20 prior to the end of this year. The Hazardous Substance Subdistrict cannot be certified until we have a response action plan approved by the MPCA. It may be another 6 months before we have the information and documents available to request certification of the Hazardous Substance Subdistrict. The HRA and City have also approved the Gateway Northeast TIF District which also has not been certified. To maintain some chronological order and logic in our City/HRA documents, it is my recommendation that we request certification for both TIF Districts prior to the end of 2012. Normally there is not a 9 month delay between the date of approval of a TIF District and its request for certification, but the BAE Site is certainly a special case. Subsequent to the request for certification, if the entire project were to fall through, then we would request that the district be decertified. If there are any additional questions regarding this matter, please give me a call. JRC/rl MMB:4828-0608-1042,v. 1 Bolin, Paul From: Collins, Roberta Sent: Thursday, November 29, 2012 5:34 PM To: All Users Subject: Bill's Retirement Please come and help us celebrate BICCs retirement! yeelfree to forward this invitation to anyone else you think would like to attend: Announcing t 111111 the Retirement of A City Manager Bill Burns Please join us as we celebrate his career after 24 years of service with the City of Fridley! Oyen House (Prior to City Council Meeting) Mon., Dec. 10, 2012 5-7:30 p.m. Municipal Center Lobby 6431 University Ave. NE ✓ Fridley, MN 55432 This event is open to family, friends, past and present Fridley Council and commission members, Fridley residents, representatives of community organizations, Fridley employees (current and former), colleagues from other cities, and representatives of other governmental • organizations. i The Mayor will make a brief presentation of awards during the City Council meeting at 7:30 p.m. Anyone who wishes to make a ormal public presentation at that time should contact Roberta Collins at 763-572-3500 in advance, so it can be included on the Council agenda. Cake and Coffee Reception Thurs., Dec. 20, 2012 - 3:00-4:30 p.m. Fridley Community Center 6085 7th Street NE Fridley, MN 55432 This event is open to family, friends, past and present Fridley Council and commission members, Fridley residents, representatives of community organizations, Fridley employees (current and former), colleagues from other cities, and representatives of other governmental organizations. If you would like to be included in on the program or would like to make a brief presentation, ;ontact emcee, Jack Kirk at 763-572-3575 or kirkj @ci.fridlev.mn.us. 2