HRA 11/01/2018 NOVEMBER 1, 2018
HRA Meeting
Regular Meeting Agenda
7:00 p.m.
Call to order
Roll call.
Action Items
1. Approval of Expenditures
2. Approval of September 6, 2018 Meeting Minutes
3. Approval of 2019 HRA Regular Meeting Dates
4. Approval of Preliminary 2019 HRA Budget
Informational Items
1. CEE Housing Programs Update
Adjournment
K:AHRA\HRA Agenda Packets\2018 Agenda Packets\1 1 November 1,2018\November-2017 Agenda OutIine.docxK:AHRA\HRA
Agenda Packets\2018 Agenda Packets\1 1 November 1,2018\November-2017 Agenda Outline.docx
Check Report
IIIIIIr City of Fridley, MN By Check Number
Date Range: 10/04/2018 - 10/18/2018
FAri��[c�
Vendor Number Vendor Name Payment Date Payment Type Discount Amount Payment Amount Number
Bank Code:APBNK-HRA-APBNK-HRA
PPT:107738 FRIDLEY HRA ICMA 401 10/05/2018 EFT 0.00 313.83 272
PPT:307066 FRIDLEY HRA ICMA 457 10/05/2018 EFT 0.00 126.92 273
hra-623 FRIDLEY,CITY OF 10/17/2018 Regular 0.00 866.49 30216
hra-1113 MONROE MOXNESS BERG PA 10/18/2018 Regular 0.00 7,925.55 30217
hra-1601 PASSAU LANDCARE INC. 10/18/2018 Regular 0.00 690.00 30218
HRA-2633 TERRACON CONSULTANTS 10/18/2018 Regular 0.00 5,336.00 30219
HRA-2636 PETERSON COMPANIES INC 10/18/2018 Regular 0.00 156,057.27 30220
hra-311 CENTER FOR ENERGY&ENVIRONMENT 10/18/2018 Regular 0.00 550.00 30221
hra-623 FRIDLEY,CITY OF 10/18/2018 Regular 0.00 59,878.03 30222
Bank Code APBNK-HRA Summary
Payable Payment
Payment Type Count Count Discount Payment
Regular Checks 9 7 0.00 231,303.34
Manual Checks 0 0 0.00 0.00
Voided Checks 0 0 0.00 0.00
Bank Drafts 0 0 0.00 0.00
EFT's 2 2 0.00 440.75
11 9 0.00 231,744.09
Check Report Date Range:10/04/2018-10/18/2018
All Bank Codes Check Summary
Payable Payment
Payment Type Count Count Discount Payment
Regular Checks 9 7 0.00 231,303.34
Manual Checks 0 0 0.00 0.00
Voided Checks 0 0 0.00 0.00
Bank Drafts 0 0 0.00 0.00
EFT's 2 2 0.00 440.75
11 9 0.00 231,744.09
Fund Summary
Fund Name Period Amount
099 Pooled Cash-HRA 10/2018 231,744.09
231,744.09
CITY OF FRIDLEY
HOUSING AND REDEVELOPMENT AUTHORITY COMMISSION
September 6, 2018
Chairperson Gabel called the Housing and Redevelopment Authority Meeting to order at 7:00
p.m.
MEMBERS PRESENT: William Holm
Stephen Eggert
Kyle Mulrooney
Gordon Backlund
MEMBERS ABSENT: Pat Gabel
OTHERS PRESENT: Paul Bolin, HRA Assistant Executive Director
Wally Wysopal, City Manager
Jim Casserly, Development Consultant
Vickie Johnson, Development Consultant
Action Items:
1. Approval of Expenditures
MOTION by Commissioner Holm to approve the expenditures. Seconded by Commissioner
Mulrooney.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM EGGERT
DECLARED THE MOTION CARRIED UNANIMOUSLY
2. Approval of August 2, 2018 Meeting Minutes
MOTION by Commissioner Holm to approve the minutes as presented. Seconded by
Commissioner Backlund.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM EGGERT
DECLARED THE MINUTES APPROVED
3. Approval of 2018 Levy
Paul Bolin, HRA Assistant Executive Director, stated that the levy amount statutes allow .0185%
of estimated market value. The 2019 levy is $517,805 and the impact on a$150,000 is $28 a year.
$208,000 is the current average value of a home in Fridley. A business will pay$185 per $1.0M
in value. Staff recommends approval of consenting to the HRA tax levy to provide HRA the ability
to fund ongoing and future redevelopment and home improvement efforts. Council will act on
Housing and Redevelopment Authority Meeting of September 10, 2018 2
this on September 10,2018 and the levy will be certified and delivered to the County by September
14, 2018.
Chairperson Pro Tern Eggert thought that .0185%has been consistent for a number of years.
Mr. Bolin replied that there was an increase 10-11 years ago and it was slightly lower before that.
Commissioner Holm noted that the levy goes a longways to improving values in Fridley and
increasing total revenue. It is well worth the money and home owners benefit from this through
increased revenue and environment within the city.
MOTION by Commissioner Backlund to approve the 2018 Levy Amounts. Seconded by
Commissioner Mulrooney.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM EGGERT
DELCARED THE MOTION CARRIED UNANIMOUSLY
4. Approval Phase 2 Builder for Locke Park Pointe
Paul Bolin, HRA Executive Assistant Director, stated that over the past two years, HRA and City
Staff have met with more than a dozen builders/developers. Three of the groups, Pulte, Centra
Homes and Lennar, seemed most capable to help create housing that is marketable in the
community and complementary to the new Municipal Campus. Early this spring Council and
HRA reviewed a proposal from the Pulte Group. The consensus of the group was that the proposal
lacked green space, that the homes created a canyon-like effect and that there was an excessive
use of colors on the buildings. The lack of enthusiasm for the Pulte product led to staff meeting
with additional builders.
Mr.Bolin said that during the June 18th Council and HRA work session,Centra Homes and Lennar
were given an opportunity to share their vision and housing products for the site. Centra, a smaller
builder, had a less defined vision and stressed their ability to be flexible in delivering the City's
vision. Lennar had a more detailed plan and specific products that they would build on site. The
presentations created more questions than they answered. It was decided that a list of specific
questions would be provided to Pulte, Lennar and Centra. Each group was given until the end of
July to provide answers to questions, updated site layouts and elevations/pictures of how the
products could look from across the pond.
Mr. Bolin said that both Pulte and Lennar provided that additional information requested. Centra
Homes chose to withdraw from the process. Staff was disappointed with Pulte's updated proposal.
While they did reduce the density of the Phase 2 area, from 88 to 51 units, they did not provide
any vision for the remaining area of the site. Architecturally, the only real difference from their
original proposal was to remove a story from the buildings. They did not address the concerns
over the excessive use of colors and they intend only to use one townhome design for this project.
Staff was pleased with Lennar's updated proposal. Lennar proposed two townhome products,
totaling 72 units, including the former Public Works site. The Lennar products uses mixes of
materials and architectural features to provide interest and variety to their designs. Buildings are
Housing and Redevelopment Authority Meeting of September 10, 2018 3
finished in specific color patterns to provide a uniform appearance to the development. The
buildings are finished with DP siding, rather than vinyl.
Mr. Bolin stated that the Lennar group seemed most qualified to deliver a product that will be
timeless and complementary to how the new Municipal Center. If staff is authorized to begin
negotiating a redevelopment contract with Lennar, we will work with them to further refine the
public spaces on their development site. All Fridley residents and visitors should feel like they are
a "City" trail when traversin the site. Their proposed site plan, showing a separation between the
homes and trail of 24'-60' is a good starting point.
Mr.Bolin noted that because of Pulte's disappointing submittal, staff determined that they are not
a need to hold on a joint(HRA/City Council)meeting to hear from both developers. Staff gave an
informational update to the City Council on August 27, to share the Lennar proposal with them
and receive their feedback on the proposal. There was concurrence that Lennar is the group to
work with on the private development. Comments centered on keeping public ownership of the
waterfront trail and the park/vacant land just west of the proposed development. Staff recommends
that the Authority approve a motion authorizing staff to negotiate a development agreement with
Lennar for the remainder of the land available for private housing development.
Commissioner Holm asked if there was one homeowners association for the entire development.
Steve Ach, Lennar, replied that there could be different association dues. The park and trail are
for public use and there will be an enhancement to define the edge between the public and private
space. There will be a sense of separation that will be inviting for everyone.
Commissioner Backlund asked about parking and where it would be located.
Mr. Bolin replied that there would be some limited parking on Locke Parkway.
Mr. Ach added that there will be guest parking spaces on site. The driveways are 22' long with
two car garages so 4 cars could park on the driveway.
Chairperson Pro Tem Eggert asked what the view would be looking from the trails to the
townhomes.
Mr.Ach replied that the landscaping would not block the buildings but add dimension and texture
to soften the buildings. It will be pleasing to the public eye. The buildings will have stonework
on the front with hardboard siding. There will be a few different color selections and a fence will
be around the patios.
Chairperson Pro Tern Eggert thought that the price points with different concepts offers a lot of
options for people to select from.
Mr. Ach said that there are a lot of different features. They will survey the customers to find out
what is important to them.
Housing and Redevelopment Authority Meeting of September 10, 2018 4
Chairperson Pro Tem Eggert asked about the timeline and schedule.
Mr. Ach replied that they will start to negotiate the contract then the due diligence process.
Construction would be scheduled to start first thing this spring.
Mr. Bolin added that the parkway will be installed as the first road this fall to help compact soil
during winter and finish paving in the spring.
Mr.Ach said that will be helpful as they want to start model building on the west side. This would
allow access to the site to start construction.
Mr.Bolin replied that there would be access to the west and the gravel will compacted and usable
for construction.
Mr. Ach added that the goal is to have models ready in the fall of 2019. The development will
take 2 '/2 to 3 years to complete.
MOTION by Commissioner Holm to approve Lennar as the Phase two builder for Locke Park
Pointe. Seconded by Commissioner Mulrooney.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM EGGERT
DECLARED THE MOTION CARRIED UNANIMOUSLY
Informational Items:
1. Housing Programs Update
Paul Bolin, HRA Executive Assistant Director, reported that one loan was closed in August
making eight year to date. This number should go up later this month as they roll out the senior
deferred loan product. The remodel advisor had five visits in August making 12 year to date. The
home energy squad had three visits in August making a total of 36 year to date.
Adjournment:
MOTION by Commissioner Backlund to adjourn. Seconded by Commissioner Mulrooney.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON PRO TEM EGGERT
DECLARED THE MOTION CARRIED UNANIMOUSLY AND THE MEETING
ADJOURNED AT 7:38 P.M.
' ACTION ITEM
HRA REGULAR MEETING
JJFndJJl
NOVEMBER 1 , 2018
Date: October 23, 2018
To: Wally Wysopal, Executive Director
From: Paul Bolin, Assistant Executive HRA Director
Subject: 2019 HRA Meeting Dates
Below are the suggested meeting dates for 2019. Staff recommends approval of these dates.
January 3, 2019
February 7, 2019
March 7, 2019
April 4, 2019
May 2, 2019
June 6, 2019
July 11, 2019* (2nd Thursday, as 1st Thursday is July 4th)
August 1, 2019
September 5, 2019
October 3, 2019
November 7, 2019
December 5, 2019
s ACTION ITEM
`;' ,F HRA REGULAR MEETING
Fridley
NOVEMBER 1 , 2018
Date: October 26, 2018
To: Wally Wysopal, Executive Directo
From: Daniel Tienter, Finance Director
Paul Bolin, Asst. Executive HRA Director
Subject: Proposed Budget for 2019
On Thursday night, staff will present a draft of the 2019 budget for the HRA to review.
Paul Bolin will be available to answer any questions that the Commissioners may have
on the proposed budget. Staff will take the HRA's input and recommendations from
this review and use it to develop a final version for consideration at the December 6,
2018 HRA meeting.
The budget includes the General Fund and Housing Loan Program Fund. The General
Fund covers the bulk of the administrative and overhead costs of the HRA. It's also
used to provide internal loans to tax increment development projects. The Housing
Loan Program Fund covers the housing related programs and services (e.g., CEE
programs).
Also included are the projected fund balances for the Tax Increment Financing (TIF)
Funds. These funds all had budgets established when the districts were created and
do not require an annual budget.
Staff recommends approval of the proposed budget. Commission comments and
suggestions will be incorporated into a final budget which will be presented for approval
on December 6, 2018.
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
001 -General Furia
Beginning Fund Balance As of January 1 9,479,020 10,328,115 10,791,509 10,791,509 14,569,241
Revenues
City Revenues
Tax Levy 395,955 398,330 477,000 447,023 473,168
395,955 398,330 477,000 447,023 473,168
Other Miscellaneous Revenue
Development Grants(Deed&Met Council) 2,670,406 2,573,362 100,000 - -
Interest on Investment Earnings 42,134 42,674 39,700 23,642 26,520
Rent and Royalties (Fairview-parking lot rental) 9,600 9,600 9,600 9,600 -
Loan interest 696,911 232,411 241,200 249,275 273,296
Sale of Real Estate (Medtronic Land Repay/Sherman Sali 117,537 118,260 120,800 117,343 617,600
Miscellaneous Revenues(DF Admin Fees) 127,038 187,011 156,200 217,680 347,553
3,663,626 3,163,318 667,500 617,540 1,264,969
Total Revenues-General Fund 4,059,581 3,561,648 1,144,500 1,064,563 1,738,137
Expenditures
Salaries and Benefits
Full Time 128,690 130,886 133,000 133,000 137,000
Part Time/Temporary 13,567 17,791 15,900 15,900 16,100
142,257 148,677 148,900 148,900 153,100
Supplies and Materials
Operating Supplies 86 140 200 200 200
Purchased Services
Professional Services(Krass Monroe,Ehlers,Sevenich) 103,126 82,491 96,000 96,000 100,000
Insurance- Non Personnel (Allocation) 4,393 5,928 6,000 6,000 6,200
Administration Charges(Allocation) 218,000 218,000 226,800 226,800 255,869
Dues and Subscriptions(NAHRO,AICP) 1,335 1,454 3,000 3,000 3,100
Transportation (Mileage Reimbursement) 8 8 600 600 600
Conferences/Seminars/Training 3,676 1,156 2,000 2,000 2,100
Advertising 702 611 1,000 1,000 1,000
Printing and Binding (Allocation) 137 69 800 800 800
Communication (Allocation) 482 677 800 800 800
Services Contracted 9,805 8,182 8,000 8,000 8,200
Miscellaneous Other Services&Charges 315 195 500 500 500
341,979 318,770 345,500 345,500 379,169
Capital Outlay
Payments to Other Gov'ts(Solid Waste Fees/Col.Arene 1,262 902 2,500 (2,714,425) 2,600
Land, Building, Demo (Columbia Arena) - - - (593,344) -
Improvements other than Building - - - - -
Transfer Out to other funds - - - - -
1,262 902 2,500 (3,307,769) 2,600
Developer Assistance
Hyde Development Outside Grant Funds 2,670,406 2,573,362 100,000 100,000 -
Debt Service
Interest(Columbia Arena Loan from City) 54,496 56,403 58,300 - -
Total Expenditures-General Fund 3,210,486 3,098,254 655,400 (2,713,169) 535,069
Net Income-General Fund 849,095 463,394 489,100 3,777,732 1,203,068
Projected Ending Fund Balance As of Dec. 31 10,328,115 10,791,509 11,280,609 14,569,241 15,772,309
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
020-Housing Loan Programs
Beginning Fund Balance As of January 1 3,013,847 3,013,537 3,036,988 3,036,988 2,911,939
Revenues
Other Miscellaneous Revenue
Interest on Investment Earnings 17,395 18,789 17,400 9,664 9,486
Interest on Mortgages(Pool 0, 1,2) 34,756 40,372 33,300 40,372 40,372
Miscellaneous Revenue(H&G Show) 21,345 19,815 21,400 19,815 19,815
73,496 78,976 72,100 69,851 69,673
Total Rove *-Housing Pry 73.E 711,976 72400 0,1151 0),673
Expenditures
Supplies and Materials
Operating Supplies 222 225 200 200 200
Purchased Services
Professional Services (Castle Vision-Home Show) 24,938 12,427 26,700 26,700 1,000
Advertising(Clear Channel-Home Show) 4,935 8,346 7,500 75,000 2,000
Services Contracted (CEE,Home Energy Visits,etc.) 20,440 20,060 30,000 30,000 20,000
Charges/Rentals(NSC/Cenaiko-Home Show) 11,370 8,220 13,000 13,000 1,000
Uncollectible Accounts 11,901 6,246 - - -
Capital Outlay(Senior Housing Loans) - - - 50,000 250,000
73,584 55,300 77,200 194,700 274,000
Other Financing Uses
Transfer Out to General Fund - - - - -
Total Expenditures-Housing Programs 73,806 55,525 77,400 194,900 274,200
Net Income-Housing Programs (310) 23,451 (5,300) (125,049) (204,527)
Projected Ending Fund Balance As of Dec. 31 3.013,537 3,036,988 3,031,688 2,911,939 2,707,412
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
045-Lake Pointe(1985-2025)
TIF#6
Beginning Fund Balance As of January 1 (Estima (385,927) (357,041) (328,370)
(328,370) (297,717)
Revenues
Tax Levy 591,895 593,077 595,382 586,715 588,001
Interest on Investment Earnings 3 21 1,086 1,317 1,317
Total Revenues-Lake Pointe 591,898 593,098 596,468 588,032 589,318
Expenditures
Professional Services/Administration Fees 34,044 30,066 29,769 29,336 29,400
Services Contracted(Non-prof) - - - - -
Payments to Other Gov'ts 2,135 -
Developer Assistance-Medtronic Paygo TIF 528,968 532,225 535,844 528,043 529,201
Total Expenditures- Lake Pointe 563,012 564,427 565,613 557,379 558,601
Net Income-Lake Pointe 28,886 28,672 30,855 30,653 30,717
Projected Ending Fund Balance As of Dec. 31 (357,041) (328,370) (297,515) (297,717) (267,000)
047-University/Osborne(1992-2018)
TIF#11
Beginning Fund Balance As of January 1 (Estima 263,093 309,609 358,246 358,246 407,273
Revenues
Tax Levy 50,540 52,405 52,479 52,479 -
Interest on Investment Earnings 2,241 2,510 1,796 1,796 -
Expenditures
Professional Services/Administrative Fees 6,265 6,279 5,248 5,248 -
Transfer Out to other Funds - - - - -
Capital Outlay - - - - 407,273
Total Expenditures-University/Osborne 6,265 6,279 5,248 5,248 407,273
Net Income- Un Rity/Qs a 46,516 48,637 49,027 49,027 (407,273)
Projected Ending Fund Balance As of Dec. 31 309,609 358,246 407,273 407,273 -
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
048-McGlynn (1992-2019)
TIF# 12
Beginning Fund Balance As of January 1 (Estimal 118,949 145,801 188,135 188,135 226,971
Revenues
Tax Levy 29,970 46,861 42,101 42,101 51,212
Interest on Investment Earnings 1,004 1,160 948 945 1,139
Total Revenues-McGlynn 30,974 48,021 43,049 43,046 52,351
Expenditures
Professional Services/Administrative Fees 4,122 5,687 4,210 4,210 5,121
Capital Outlay - - - - 274,201
Total Expenditures-McGlynn 4,122 5,687 4,210 4,210 279,322
Net Income-McGlynn 26,852 42,334 38,839 38,836 (226,971)
Projected Ending Fund Balance As of Dec. 31 145,801 188,135 226,974 226,971 -
049-Satellite Lane Apts(1995-2023)
TIF#13
Beginning Fund Balance As of January 1 (Estima. 136,952 171,990 210,198 210,198 251,229
Revenues
Tax Levy 38,976 42,214 41,983 44,417 46,176
Interest on Investment Earnings 1,151 1,344 1,055 1,056 1,261
Total Revenues-Satellite 40,127 43,558 43,038 45,473 47,437
Expenditures
Professional Services/Administrative Fees 5,089 5,350 4,198 4,442 4,618
Capital Outlay - - - - 294,048
Total Expenditures-Satellite 5,089 5,350 4,198 4,442 298,666
Net Income-Satellite 35,038 38,208 38,840 41,031 (251,229)
Projected Ending Fund Balance As of Dec.31 171,990 210,198 249,038 251,229 -
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
051 -Gateway East(2001-2028)
TIF# 17
Beginning Fund Balance As of January 1 (Estima (381,950) (352,673) (319,553) (319,553) (282,568)
Revenues
Tax Levy 30,357 34,144 37,639 36,919 38,544
Interest on Investment Earnings 167 166 51 66 64
Transfer In from Other Funds - - - - -
Total Revenues-Gateway East 30,524 34,310 37,690 36,985 38.6
Expenditures
Professional Services&Other Charges 1,247 1,190 - - -
Total Expenditures-Gateway East 1,247 1,190 - -
Net Income-Gateway East 29,277 AWL 37,690 36,985 38,608
Projected Ending Fund Balance As of Dec. 31 (352,673) (319,553) (281,863) (282,568) (243,960)
052-Gateway West(2005-2032)
TIF#18
Beginning Fund Balance As of January 1 (Estima (409,030) (388,193) (359,976) (359,976) (329,010)
Revenues
Tax Levy 20,868 28,746 30,810 30,962 32,373
Sale of Misc Property - - - - -
Interest on Investment Earnings 392 321 61 4 6
Transfer In from Other Funds - - - - -
Total Revenues-Gateway West 21,260 29,067 30,871 30,966 32,379
Expenditures
Professional Services/Administrative Fees 423 746 - - -
Services Contracted (Mowing Contract) - - - - -
Payments to Other Governments(Property Tax/5 - 103 - - -
Total Expenditures-Gateway West 423 850 - - -
Net Income-Gateway West 20,837 28,217 30,871 30,966 32,379
Projected Ending Fund Balance As of Dec. 31 (388,193) (359,976) (329,105) (329,010) (296,631)
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
053-Main Street(2009-2034)
TIF#19
Beginning Fund Balance As of January 1 (Estima (4,656) (5,041) (5,543)
(5,543) (5,304)
Revenues
Tax Levy 109,078 119,239 120,970 120,970 139,207
Interest on Investment Earnings 50 46 219 239 239
Expenditures
Professional Services 11,774 12,733 12,097 12,097 13,921
Payments to Other Agencies - - - - -
Capital Outlay(Pay as you go)-Devt Assistance 97,739 107,054 108,873 108,873 125,286
Total Expenditures-TIF#19 109,513 119,787 120,970 120,970 139,207
Net Income-TIF#19 (385) (502) 219 239 239
Projected Ending Fund Balance As of Dec. 31 (5,041) (5,543) (5,324) (5,304) (5,065)
054-Gateway Northeast(2017-2042)
TIF#21
Beginning Fund Balance As of January 1 (Estima (3,198,327) (3,824,922) (3,835,202) (3,835,202) (3,988,884)
Revenues
Tax Levy - 150,982 232,955 232,375 430,606
Interest on Investment Earnings 1,537 1,585 169 40 42
Miscellaneous - - - - -
Transfer in from Other Fund - - - - -
4041i SIIPSOMIS-61 to l .. ` <"; -
Expenditures
Professional Services/Administrative Fees 7,627 7,957 23,295 23,238 43,061
Other Services/Charges (Site Improvement-Prei - - 209,659 209,138 -
Other Services/Charges (Pymts to Other Govt- 7 - 544 - - -
Interest Expense 620,505 154,347 160,514 153,721 159,868
Transfer Out to other Funds - - - - -
Total Expenditures-Gateway Northeast 628,132 162,847 393,468 386,097 202,929
Net Income-Gatewa Northeast 626 595 (10,280) (160 344 153,682) 227,719
Projected Ending Fund Balance As of Dec.31 (3,824,922) (3,835,202) (3,995,546) (3,988,884) (3,761,165)
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
055-BAE-Superfund Site
TIF#20
Beginning Fund Balance As of January 1 (Estima (48,410) (78,783) (99,201)
(99,201) (98,124)
Revenues
Tax Levy 392,264 710,491 862,872 839,436 1,732,456
Interest on Investment Earnings (92) - 452 1,077 1,082
Total!twenties s-SAE 3112,17211014ef $63;324 $40,513 10334,*
Expenditures
Professional Services/Administrative Fees 71,194 89,622 86,287 83,944 173,246
Other Services/Charges 1,410 - - - -
Other Services/Charges(Pymts to Other Govt-T - 2,558 - - -
Interest Expense - - - - -
Developer Assistance 349,941 638,728 776,585 755,492 1,559,210
422,545 730,909 862,872 839,436 1,732,456
Net Income-BAE (30,373) (20,418) 452 1,077 1,082
Projected Ending Fund Balance As of Dec. 31 (78,783) (99,201) (98,749) (98,124) (97,042)
056-BAE-Hazardous Subdistrict
TIF#20a
Beginning Fund Balance As of January 1 (Estima (1,312,372) (2,211,649) (2,730,108) (2,730,108) (3,240,796)
Revenues
Tax Levy 346,167 332,122 325,024 333,458 325,024
Interest on Investment Earnings (1,386) - - - -
4titio =.a, a. a
ms MA*o . -ff „ v
Expenditures
Professional Services/Administrative Fees 35,975 36,118 32,502 33,346 32,502
Other Services/Charges - - - - -
Other Services/Charges(Pymts to Other Govt-1 1,247 1,196 - - -
Interest Expense 76,406 78,064 120,224 95,554 113,430
Developer Assistance-(HRA HSS Grant) 1,130,430 735,204 - 715,246 -
Total Expenditures-BAE-Hazardous Subdistrict 1,244,058 850,581 152,726 844,146 145,932
Net Income- BAE-Hazardous Subdistrict (899,277) (518,459) 172,298 (510,688) 179,092
Projected Ending Fund Balance As of Dec. 31 (2,211,649) (2,730,108) (2,557,810) (3,240,796) (3,061,704)
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
057-Northstar Station
TIF#22
Beginning Fund Balance As of January 1 (Estima (315) (10,848) 131,447 131,447 264,925
Revenues
Tax Levy - 182,802 158,385 147,557 290,196
Interest on Investment Earnings (35) 22 658 677 1,345
Transfer In from other Funds - - - - -
Total Revenues-Northstar Station (35) 182,824 189,043 144,234 291,541`
Expenditures
Professional Services/Administrative Fees 10,498 40,529 15,838 14,756 29,020
Other Services/Charges - - - - -
Other Services/Charges(Pymts to Other Govt-T - - - - -
Capital Outlay - - - - -
Total Expenditures-Northstar Station 10,498 40,529 15,838 14,756 29,020
Net Income-Northstar Station (10,533) 142,295 143,205 133,478 262,521
Projected Ending Fund Balance As of Dec. 31 (10,848) 131,447 274,652 264,925 527,446
058-Locke Point Park
TIF#23
Beginning Fund Balance As of January 1 (Estima - - (87,919) (87,919) (3,043,950)
Revenues
Tax Levy - - - - -
Sale of Real Estate - - - 646,753 720,000
Interest on Investment Earnings - - - 4 -
Transfer In from other Funds - - - - -
Total Revenues - - - 646,757 720,000
Expenditures
Acquisition of Real Estate - - - 1,214,425 -
Professional Services/Administrative Fees - 60,723 - - -
Other Services/Charges(Site Improvement-Pre - - - 788,363 -
Other Services/Charges - 27,196 - - -
Other Services/Charges(Pymts to Other Govt-Taxes) - - - - -
Interest Expense - - - - 120,353
Capital Outlay - - - 1,600,000 1,400,000
Total Expenditures - 87,919 - 3,602,788 1,520,353
Net Income - (87,919) - (2,956,031) (800,353)
Projected Ending Fund Balance As of Dec. 31 - (87,919) (87,919) (3,043,950) (3,844,303)
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
Proppsed 2019 Budget
2016 2017 2018 2018 2019
Account Description Actual Actual Budget Revised Budget
059-N.Stacks 8
TIF#24
Beginning Fund Balance As of January 1 (Estima - - - - -
Revenues
Tax Levy - _ - - _
Interest on Investment Earnings - - - - -
Transfer In from other Funds - - - - -
Total Rowans
Expenditures
Professional Services/Administrative Fees - - - - -
Other Services/Charges - - - - -
Other Services/Charges(Pymts to Other Govt-I - - - - -
Capital Outlay - - - - -
Total Expenditure` - - - - -
N4_..1,...,:,..m.„.... . ,. . . _ - - - -
Projected Ending Fund Balance As of Dec. 31 - - - - -
065- Housing Replacement(1997-2029) Scattered Site
Beginning Fund Balance As of January 1 (Estima 153,881 178,529 213,484 213,484 243,964
Revenues
Tax Levy 30,162 37,398 32,677 32,677 32,677
Interest on Investment Earnings 1,263 1,460 1,089 1,071 1,223
Sale of Misc Property - 1,000 - - -
Miscellaneous Revenues - - - - -
Expenditures
Professional Services/Administrative Fees 6,777 4,903 3,268 3,268 3,268
Other Charges - - - - -
Services Contracted (Mowing Contract) - - - - -
Other Services&Charges/Pymts to other govts- - - - - -
Capital Outlay/Building (Home Demolitions) - - - - -
Transfer to Other Funds(General Fund) - - - - -
Total Expenditures-Housing Replacement 6,777 4,903 3,268 3,268 3,268
Net Income- Housing Replacement 24,648 34,955 30,498 30,480 30,632
Projected Ending Fund Balance As of Dec. 31 178,529 213,484 243,982 243,964 274,596
K:\HRA\HRA Budgets\2019 Budget\2019 HRA Budgets.xlsx
Fridley Housing & Redevelopment Authority
2018 Estimated Fund Balances for All Funds
2018 2019 2019 2019
Estimated Estimated
Ending Estimated Estimated Ending
Fund Description Fund Balance Revenues Expenditures Fund Balance
001 -General Fund $ 14,569,241 $ 1,738,137 $ 535,069 $ 15,772,309
Special Revenue Fund
020- Housing Loan Programs $ 2,911,939 $ 69,673 $ 274,200 $ 2,707,412
Capital Projects Funds
045- Lake Pointe(1985-2025) $ (297,717) $ 589,318 $ 558,601 $ (267,000)
047- University/Osborne(1992-2018) 407,273 - 407,273 -
048-McGlynn(1992-2019) 226,971 52,351 279,322 -
049-Satellite Lane Apts(1995-2023) 251,229 47,437 298,666 -
051 -Gateway East(2001-2028) (282,568) 38,608 - (243,960)
052 -Gateway West(2005-2032) (329,010) 32,379 - (296,631)
053- Main Street(2009-2034) (5,304) 139,446 139,207 (5,065)
054- Gateway Northeast(2017-2042) (3,988,884) 430,648 202,929 (3,761,165)
055- BAE -Superfund Site (98,124) 1,733,538 1,732,456 (97,042)
056- BAE - Hazardous Subdistrict (3,240,796) 325,024 145,932 (3,061,704)
057- Northstar Station 264,925 291,541 29,020 527,446
058- Locke Point Park (3,043,950) 720,000 1,520,353 (3,844,303)
059- N.Stacks 8 - - - -
065- Housing Replacement(1997-2029)Scattered 243,964 33,900 3,268 274,596
Total Capital Projects Funds $ (9,891,991) $ 4,434,190 $ 5,317,026 $ (10,774,827)
Total All Funds $ 7,589,189 $ 6,242,000 $ 6,126,295 $ 7,704,894
Fridley HRA
Housing Program Summary
Cover Page
November 1, 2018 HRA Meeting
Report Description
Loan Summary Report Loan application activity (e.g. mailed
out, in process, closed loans) for year-
to-date.
Also shows the number of field
appointments scheduled and completed
for the Remodeling Advisor Services
administered by Center for Energy and
Environment.
Home Energy Squad E-mail detailing recent activity and year
to date.
K:\HRA\HRA Agenda Packets 2018 Agenda Packets\11 November 1,2018\Housing Program Cover November 2018.docx
Fridley Loan Summary Report
Activity for Period 9/16/2018 - 10/15/2018
cee
Center for Energy and Environment
Application packets requested/mailed: This period: 12 Year-to-Date: 18
Residential Advisor Visits: This period: 5 Year-to-Date: 17
Loans currently in process for residents in your City/Neighborhood: 20
Closed Loans This period: Year-to-Date:
Fridley Units Units
0 0
Closed End 16,527.12 1 189,129.12 8
Last Resort 0.00 0 0.00 0
Last Resort Emergency 0.00 0 2,120.00 1
Deferred
Mobile Home Closed End 0 0
Senior Deferred 25,000.00 1 25,000.00 1
Total 41,527.12 2 216,249.12 10
Leveraged Funds This period: Units Year-to-Date: Units
CEE 0.00 0 20,000.00 1
MHFA FUF 10,500.00 1 22,752.00 2
Total 10,500.00 1 42,752.00 3
Types of Improvements Financed YTD #of Projects %of Total Types of Properties Financed YTE # %of Total
Commercial-Non-residential 3 18.75
Additions/Finishing off unused space 2 7.69 Single Family Residence 13 81.25
Air Conditioning 2 7.69
Driveways 3 11.54
Electrical 1 3.85
Fence 1 3.85
Flooring/Carpet/Tile 1 3.85
Heating System 2 7.69
Insulation 1 3.85
Kitchens 2 7.69
Lighting 2 7.69
Other Exterior Improvements 1 3.85
Other Interior Improvements 3 11.54
Roof 1 3.85
Water Heater 1 3.85
Windows, Doors, Storm Windows, Storr 3 11.54
Bolin, Paul
From: Stacy Boots Camp <sbootscamp@mncee.org>
Sent: Thursday, September 27, 2018 5:03 PM
To: Bolin, Paul
Subject: HES visit numbers_September
Hi Paul,
Here are the numbers for the month:
0 in September, 39 YTD, and 6 more scheduled for the rest of the year so far.
Let me know if you have any questions.
Thanks,
Stacy
Stacy Boots Camp I M
Assistant Outreach Manager j 612-244-2429
Center for Energy and Environrnent.
1754 University Ave West St Paul, MN 55104
www.mncee.org
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