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HRA 01/09/1986 HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, JANUARY 9, 1986 7;00 P,M, City of Fridley AGENDA HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, JANUARY 9, 1986 7 :00 P.M. Location: Council Chamber CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: Housing & Redevelopment Authority Minutes : December 12, 1985 ADOPTION OF AGENDA: UPDATE ON UNIVERSITY AVENUE CORRIDOR 1 - 1H REVISED RESOLUTION NO. HRA 21-1985 REQUESTING CITY COUNCIL TO SELL G,O. TAX INCREMENT BONDS 2 - 2F HRA'S OPTION ON PROPERTY LOCATED ON THE SOUTHEAST CORNER OF 63RD AVENUE AND UNIVERSITY AVENUE SERVICE ROAD 3 - 3K REVIEW S-2 ZONING FOR 100 TWIN DRIVE-IN PROPERTY 4 - 4G LEGAL REQUIREMENTS FOR RELOCATION EXPENSES FOR TENANTS AT 5747 CENTRAL AVENUE N E 5 _ 5E EXECUTION OF QUIT CLAIM DEED ON LOT 6, BLOCK 1 , FRIDLEY PLAZA ADDITION 6 - 6E CLAIMS , 7 OTHER BUSINESS: ADJOURNMENT: CITY OF FRIDLEY HOUSING & REDEVELOR'1ENT AUTHORITY MEETING DECEMBER 12, 1985 CALL TO ORDER : Chairperson Commers called the December 12, 1985, Housing & Redevelopment Authority meeting to order at 7:08 p.m. ROLL CALL: Members Present: Larry Commers, Elmars Prieditis, Duane Prairie, Walter Rasmussen, Virginia Schnabel iMeiabers Absent: None Others Present: Nasim Qureshi , HRA Director Samantha Orduno, City of Fridley Jim Robinson, Planning Coordinator John Flora, Public Works Director Rick Pribyl, Acting City Finance Director Dave Newrian,Ci ty Attorney Jim O'Meara, O'Conner and Hannon Jim Casserly, Miller & Schroeder, Dennis Schneider, City Councilman Gordon Backlund, State Representative Dave Weir, Woodbridge Properties Sid Inman, Holmes & Graven (See attached list) APPROVAL OF NOVEMBER 14, 1985, HOUSING & REDEVELOPMENT AUTHORITY MINUTES: MOTION BY MR. PRIEDITIS, SECONDED BY MS. SCHNABEL, TO APPROVE THE NOV. 14, 1985, HOUSING & REDEVELOPMENTAL AUTHORITY MINUTES AS WRITTEN. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. APPROVAL OF NOVEIIBEf 25, 1985, SPECIAL HOUSING & REDEVELOPMENT AUTHORITY MINUTES: MOTION BY MR. PRAIRIE, SECONDED BY MS. SCHNABEL, TO APPROVE THE NOV. 25, 1985, SPECIAL HOUSING & REDEVELOPMENT AUTHORITY MINUTES AS WRITTEN. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE ,MOTION CARRIED UNANIMOUSLY. HOUSING & REDEVELOPMENT AUTHORITY f4EETINGi DECEMBER 12, 1985 PAGE 2 1. PRESENTATION BY STATE REPRESENTATIVE GORDON BACKLUND: I•1r. Corners stated that Representative Gordon Backlund, who was serving on one of the committees dealing with the funding of education, had asked to cone to the meeting to give the HRA some information relative to school aid and the effect, if any, he might envision as a result of the tax increnent financing that has taken place throughout the state. Representative Backlund stated that they have been holding hearings in the School Aids Finance Division of the House, and the School Aids Finance Division's purpose was to fund Kindergarten through 12th grade education in Minnesota, made up of partial state aid and partial local tax revenue from property tax. During the interim, they are going to study two particular areas that have to do directly with property tax, one is fiscal disparities and the second is tax increment financing. He thought it might be of interest to the HRA to know they are, in fact doing this and to gain the HRA's insight and thoughts and recommendations regarding what they should do as far as looking at these issues. Representative Backlund stated they held a meeting that day, one of many hearings, on tax increment financing and the way tax increnent financing affects school aid formula itself. They are going to be making some recommendations to the Tax Committee and the Tax Committee will be looking at that as a topic during the Feb. 1986 session. Representative Backlund stated that as he understood tax increment financing, when the HRA, through the City, approves a tax increment district, that district is developed and the increased revenue for that goes to pay the bond. The input from other taxing authorities, school districts, watersheds, the county, and anyone else, was an indirect informal type of input as opposed to veto power or direct input. Representative Backlund stated their input, as they are going through the process, is after the bonds are paid off, there is excess money left over some- times, and the tax increment districts of the cities have options available to them under the statutes right now: 1 . They can use the money to pay off other districts. 2. They can give the money back to the other taxing authorities. 3. They can basically use it for whatever they want. Representative Backlund stated they are looking at the school aid funding because they guarantee a level of funding for education and part of that is made up from property tax. If the tax increment district is in fact paying off its bond early and has extra revenue coming in, they are looking at a possible source of revenue by having it agreed that the extra money would be shared among the taxing districts,not only in the city, but also the county and state education, as well as any other district. Representative Backlund stated they have not come to any conclusions, other than they were presented with this information. His reason for appearing before HOUSINS & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 3 the HRA was to get the HRA's opinion as a group and as individuals as to whether they should look at the statutes and make an adjustment so when a tax increment bond is, in fact paid off and paid off early, should that money then be distri- buted to the other taxing authorities, should it be used for a third purpose, or any other ideas for the best use of the money? Representative Backlund stated the second part of this was looking at the fiscal disparities overall . The way the bill has been implemented, he did not foresee any changes in it, hut, in his opinion, it should be looked at as part of the overall property tax change. Mr. Rasmussen suggested Representative Backlund write the HRA members a letter addressing these concerns so the HRA members could give it some thought before respondi ng. Representative Backlund stated he would be happy to do that. He stated nothing was going to be done formally until the sessions begin in February. Mr. Ccnmers stated the HRA had discussed at various times if there was any vehicle of getting some of this money back to the school districts. They had not been able to come up with any kind of idea. Representative Backlund stated that it was a legitimate option now under the statute. Mr. Newman stated his office, as well as Jim O'Meara's office, had done some checking on this, and it was their opinion it wasn't provided for under the statute. If what Representative Backlund said was correct, then that statute should be clarified. Representative Backlund stated he would be happy to provide the HRA with that information. Mr. Commers stated the HRA appreciated Representative Backlund' s coming and bringing them up to date on what was going on at the State Legislature. 2. CONSIDERATION OF REVISED DEVELOPMENT AGREEMENT WITH LOU LUNDGREN: Mr. Qureshi stated the project had been reduced from 234 units to 118 rental units and 1 manager's unit, and from 12 stories to 6 stories. The HRA will be providing only one floor of underground parking. Because of this substantial change, the HRA is being asked to approve the resolution which reaffirms the development agreement with these changes. Mr. Rasmussen asked about the rent structure. Mr. Lundgren stated the rents ranged from $567 for one bedroom to $1 ,000 for three bedrooms. He stated the units are all large, and the rents do include all untilities. An underground garage is $45/month. HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 4 Mr. Prieditis stated that besides the substantial changes to the height and number of units, had the concept of the building changed? Mr. Lundgren stated there were no other changes in the quality of the building. The building will be built of very high quality materials; however, they have added an additional amenity, an enclosed small swimming pool, that was not included with the 12 story building. They have also done some minor plan change in terms of relocating and centralizing the exercise room, sauna, and those kind of amenities, instead of in different locations which they were before. MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO APPROVE RESOLUTION NO. HRA 18 - 1985, RELATING TO THE AMENDED DEVELOPMENT AGREEMENT BETWEEN THE HRA AND FRIDLEY PLAZA ASSOCIATES. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Qureshi stated Mr. Lundgren would like to go on Mr. Levy's property to do some soil borings and some surveys. Mr. Newman has been trying to formalize an agreement with Mr. Levy. Mr. Levy has agreed to allow Mr. Lundgren to go on his property, but he wants the whole parcel he owns treated as one parcel for acquisition purposes. It was the city assessor's and Mr. Newman's opinion that it would really not impact the acquisition process. Mr. Qureshi stated the HRA' s next meeting was Thursday, Jan. 9, 1986. Would Mr. Lundgren be willing to work around this until the next meeting when they would have more detailed information? Mr. Lundgren stated he had no problem with this being considered at the Jan. 9th meeting. 3. PUBLIC HEARING ON THE PROPOSED REDEVELOPMENT OF THE 100 TWIN DRIVE-IN SITE: MOTION BY MS. SCHNABEL, SECONDED BY MR. PRAIRIE, TO OPEN THE PUBLIC HEARING. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE PUBLIC HEARING OPEN AT 7:43 P.M. Mr. Qureshi stated the properties being discussed were three parcels which are presently being used as the 100 Twin Drive-in Theatre, and another piece of property owned by Mr. Gerald Johnson, which is northeast of the drive-in property. Also, there was an outlot owned by Mr. Johnson which would also be part of the agreement and acquisition for some right-of-way needed to do intersection improvement. Mr. Qureshi stated this was a nine-phase development. The developer had neighborhood meetings where the proposal was discussed with the neighborhood. Per the HRA's instructions, notices were sent to a much broader area than required and notices would be sent for future meetings on this development. HOUSING & REDEVELOPMENT AUTHORITY MEETINGS DECEMBER 12, 1985 PAGE 5 Mr. Commers asked Mr. David Weir to give a general overview of the proposed development. Mr. Weir stated they were proposing a master plan office development. The overall development calls for approx. 748,000 sq. ft. of space, primarily office structures, a free-standing restaurant, and a business class hotel. He stated they have been working for a number of months trying to negotiate with Mr. Johnson for his property. At this time, they have not been able to get an actual signed agreement. Mr. Weir stated the overall concept is a campus approach. One thing they feel is extremely important is to go in and develop the total site in terms of the infra-structures, landscaping, street system, and create an environment and set the tone right from the onset. Mr. Weir stated the traffic situation has been one of extreme importance to them. Two weeks ago, they had a meeting with the neighbors, and the neighbors have had a long-standing concern about the traffic situation. Through the efforts of city staff, he felt they have come up with a reconfirmation of what is needed for the interchange. He stated that at this time, he would like to ask Mr. Jim Benshoof, Benshoof & Assoc. , who is a Registered Transportation Engineer working with Woodbridge, city staff, and outside engineers, to make sure the kinds of things being proposed for the development will enhance the situation and now continue to aggravate an existing problem. Mr. Benshoof stated they have conducted detailed traffic analysis of this proposed development and its implications on the roadway system in the area. He stated he would summarize their findings. Mr. Benshoof stated they have looked at the implications on the local roadway system and the regional roadway system, Highway 65 on the east, 694 on the south, and Highway 47 on the west. As to the local street situation, the City has planned improvement to the frontage road between 57th Ave. and 7th St. , just to the west of the development. That will be beneficial in accommo- dating traffic between this site and the west from Highway 47, thereby providing an alternate route that will relieve 57th Ave. and 7th St. Mr. Benshoof stated they projected future traffic volumes to the year 1999 that would occur after the development was in place. Seventh St. , in particu- lar, and other local streets, they found well within the normal standards and guidelines for the type of roadway for which they were designated. Mr. Benshoof stated the traffic control at the intersection of 57th Ave. and 7th St. very likely will need to be upgraded to a 4-way stop prior to the time of full development to accommodate the projected volumes. Similarly, the traffic control at the intersection of the frontage road and 7th St. is currently and will have to continue as a 4-way stop to accommodate projected volumes. HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 6 Mr. Benshoof stated that as the implications of the development on the regional roadway systems, they found there were several improvements that will be of benefit to serving the traffic on those roadway systems related to this development: 1. The upgrading of 694 planned for 1988 to provide 3 lanes in each direction. 2. The 610 bridge over the Mississippi River will provide a very important alternative crossing of the river and will relieve some of the usage that now occurs in this area of Highway 65 and Highway 47. Mr. Benshoof stated they did find a need for upgrading the intersection at Moore Lake Drive and Highway 65. The intersection is now operating at capacity limits, and even without this development with just the natural growth that will occur, the intersection would need upgrading. They have developed a concept plan for that upgrading that will provide an additional left turn lane from the south to proceed to the west; an additional lane for movements from the north into the site and to the south; the upgrading on the east leg of Old Central in accordance with the plans already developed for the city. They believe those plans are right on target for what is needed on the east leg of the intersection and will complement the improve- ments on the west leg. Mr. Benshoof stated the plans are in a concept stage at this point subject to further refinement. They are working with the City Engineer, city traffic consultant, State Dept. of Transportation, and Anoka County. They find that with these improvements, the intersection will accommodate projected 1999 traffic volumes at about the sane level of service as is presently being provided with existing traffic volumes. Mr. Benshoof stated they will be preparing a specific traffic report to be submitted at future meetings. Mr. Qureshi reviewed the development agreement with the HRA. Mr. Comers stated Mr. Rasmussen was going to review the financial situation of Woodbridge Properties and give a brief report. Mr. Rasmussen stated he had a meeting with Mr. Dave Newman, and he was satisfied with this project itself and with Uoodbridge Properties' financial situation. Mr. Casserly reviewed the financial numbers with the HRA. Mr. Commers asked if there was anyone in the audience who would like to make any comments regarding this proposed development. Mr. Kirk Hart, Skywood Inn, stated he was representing the Fridley Chamber of Commerce. The Fridley Chamber of Commerce would like to go on record that they were behind this new development. They conducted a survey and had an HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 7 • overwhelming response of their members in favor of the proposed development. He stated the Chamber of Canmerce's only concern was they would like to see the hotel/convention center phase moved up from 8-9th phase to possibly the first, second, or third phase. Mr. Weir stated they would be happy to move the phasing of the hotel up, but from past experience, they have found it does not always work to use an hotel as an inducement to lease office space. They are somewhat torn on this issue. He stated there are a lot of employees in the area, and there was the possibility of getting an agreement from employees in the area committing to a number of room days per year. At this time, they have not had time to explore that possibility. Mr. Weir stated hotels are extremely risky to build and operate. They want to make sure they get the very best hotel that complements the other efforts they are undertaking, and they want it to be market-driven. MOTION BY MS. SCHNABEL, SECONDED BY MR. PRAIRIE, TO RECEIVE THE LETTER DATED DEC. 11, 1985, FROM DANIEL C. FICKEN, CHAIRMAN OF THE FRIDLEY CHAMBER OF COMMERCE BOARD OF DIRECTORS, INDICATING THE CHAMBER OF COMMERCE'S SUPPORT OF THIS PROPOSAL. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Robert Gordier, 5705 Quincy St. , expressed his concern about traffic and that traffic was operating at capacity limits on West Moore Lake Drive and Highway 65 right now. He was also concerned about how the skyline would look from his home with the high office buildings. Mr. Weir stated the 8-story building would be about as high as the drive-in screen is right now on the property. He stated part of the rationale for the location of the buildings was to pull them away from the residential area; also part of the rationale in getting them closer to the freeway related to the noise issue as well , yet providing different heights of buildings so there was no constant change. Mr. Weir stated the project was scheduled over a 9-phase process. Their first Wuilding, a 6-story building, will be started in the spring, and the others will be built as the demand is produced. They believe some of the buildings will be occupied by single tenants on a "build to suit" basis. Mr. Weir stated Woodbridge Properties was being asked by the City to commit to certain levels of value related to the repayment of the tax increment bonds. This involved a tremendous amount of engineering work to be able to deliver those values which should translate into tenants being able to occupy the space. They are extremely concerned about having to live with the current problems that exist there today. It would not be something that would promote the best interest of thepark or for the city. HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 8 Mr. Weir stated they would like to ask the HRA to encourage the City Council to authorize staff to really do whatever is necessary relative to undertaking the final working drawings as fast as possible. Mr. Qureshi stated Mr. Weir was asking that the City actually employ the engineers that he has been working with in the past so they can design the roadway system, utilities, public improvements, etc. The City was saying it would not expend any monies out of the GO bonds until they are both assured the whole project is going to be approved. Mr. Weir doesn't want to wait to do all the design work, so one mechanism would be that the City hire Wood- bridge's engineer to do the work contingent upon proceeding with the project. This might be a way of relieving some of Mr. Weir's concerns and accelerating some of the needed improvements they are talking about. Mr. Qureshi stated that if the HRA approves the development agreement, they might want to encourage the City Council to work out some arrangement where some of the design of public improvements could be expedited. The HRA members felt that was something the City Council would do anyway. Ms. Sadie Gunderston, 5707 West Moore Lake Drive, stated one of the maps of the project she had looked at showed her driveway being cut off and the driveway extended. She was concerned as to whether she would have to pay for the cost of extending her driveway. Mr. Qureshi stated that when the plans are finalized, they will be contacting her. If there is any reason to extend her driveway, the City would pay for it. MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO CLOSE THE PUBLIC HEARING. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE PUBLIC HARING CLOSED AT 9:18 P.M. 4. CONSIDERATION OF A RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN THE HRA AND LAKE POINTE INVESTMENT CO. : MOTION BY MR. RASMUSSEN, SECONDED BY MS. SCHNABEL, TO APPROVE RESOLUTION NO. HRA 19 - 1985, AUTHORIZING THE EXECUTION OF A CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN THE HRA AND LAKE POINTE INVESTMENT CO. Mr. Qureshi stated this approval of this resolution provides that the HRA enter into a development agreement with Lake Point Investment Co. , and it also authorized staff to enter into negotiations for acquisition of the property allowing the development. Mr. Newman stated that because of the tight timeframe involve0, there was a provision in the Mn. Statute that if necessary the HRA could acquire the property within 90 days after a petition for condemnation had been served. In order to accomplish that, he would recommend the following additional language: • HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 9 "Further, that the HRA's attorney be specifically authorized to take possession pursuant to MSA 117.042 and to take any and all other action necessary and desirable to carry out the purposes of this resolution." Mr. Newman stated that in order for him to feel comfortable about delivering title by May 15, 1986, the HRA had to start acquisition no later than Jan. 15 and preferably earlier. MOTION TO AMEND BY MR. RASMUSSEN, SECONDED BY MS. SCHNABEL, TO APPROVE RESOLUTION NO. HRA 19 - 1985, AUTHORIZING THE EXECUTION OF A CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN THE HRA AND LAKE POINTE INVESTMENT CO. FURTHER THAT THE HRA'S ATTORNEY BE SPECIFICALLY AUTHORIZED TO TAKE POSSESSION PURSUANT TO MSA 117.042 AND TO TAKE ANY AND ALL OTHER ACTION NECESSARY AND DESIRABLE TO CARRY OUT THE PURPOSES OF THIS RESOLUTION. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 5. CONSIDEPATION OF APPROVAL OF $5.7 MILLION TAX INCREMENT LIMITED REVENUE NOTE: MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRAIRIE, TO APPROVE RESOLUTION NO. HRA 20 - 1985, APPROVING A $5.7 MILLION TAX INCREMENT LIMITED REVENUE NOTE. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 6. CONSIDERATION OF A RESOLUTION REQUESTING THE CITY COUNCIL TO AUTHORIZE THE SALE OF TAX INCREMENT BONDS FOR THE EXISTING AND ADDITIONAL PROJECTS WITHIN THE REDEVELOPMENT PROJECT AREA NO. 1 : MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO APPROVE RESOLUTION NO. HRA 21 - 1985, REQUESTING THE CITY COUNCIL TO AUTHORIZE THE SALE OF TAX INCREMENT BONDS FOR THE EXISTING AND ADDITIONAL PROJECTS WITHIN THE REDEVELOP- MENT PROJECT AREA NO. 1. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 7. CONSIDERATION OF FUNDING FOR LEAGUE OF CITIES LOBBYING FOR TAX INCREMENT LEGISLATION: MOTION BY MR. PRIEDITIS, SECONDED BY MR. RASMUSSEN, TO APPROVE FUNDING IN THE AMOUNT OF $1,288.41 FOR THE LEAGUE OF CITIES FOR TAX INCREMENT LEGISLATION. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 8. CONSIDERATION OF ADOPTING THE PROPOSED MINIMUM ASSESSED VALUE FOR COLUMBIA PARK PROPERTIES: HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 10 Mr. Qureshi stated they have had some discussions with a representative from Columbia Park Properties. The representative has said that Columbia Park Properties is heavily involved in their expansion in Columbia Heights and have not been able to adequately review their development in Fridley. Columbia Park Properties is requesting additional time to further finalize their plan. They are going to be asking the City Council to actually authorize the sale of $4.3 million industrial revenue bonds on Dec. 16. The City Council intends to park those bonds and give Columbia Park Properties more time to finalize their plan. He would suggest the HRA table this item until they get a little more formal assurance from Columbia Park Properties. MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO TABLE THIS ITEM. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 9. CLAIMS: The HRA questioned this audit expense as the City has always paid this in the past. MOTION BY HR. PRIEDITIS, SECONDED BY MR. RASMUSSEN, TO APPROVE THE AUDIT EXPENSES AS CONTAINED IN A LETTER DATED DEC. 3, 1985, CONTINGENT UPON HAVING THIS CHECKED TO MAKE SURE IT IS LEGALLY REQUIRED. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 10. CHECK REGISTER: MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRAIRIE, TO APPROVE THE CHECK REGISTER. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 11 . OTHER BUSINESS: Ms. Schnabel started that at their last meeting, the Commissioners questioned the relocation cost to the tenants at the property being acquired at 5747 Central Ave. N.E. Mr. Qureshi stated the HRA was legally required to provide relocation to the tenants. The HRA has now acquired the building. He stated he would provide the HRA with more information on why this relocation expense was legally required. HOUSING & REDEVELOPMENT AUTHORITY MEETING, DECEMBER 12, 1985 PAGE 11 • ADJOURNMENT: Chairperson Coroners declared the Dec. 12, 1985, Housing & Redevelopment Authority meeting adjourned at 10:00 p.m. Respectfully submitted, 4t')L- .Saba Recording Secretary .fig=' l•Yn.:.-.,� ......, .. � } c 4 _ It . , . _. . ...f...,cz &c..e0)1..y...2.4.9, ,. .,. ._, _At& Ao? 9eps--- - - ..it, , . . ... ,,..,• , . .. .. _ , , ___ . , t0,4: ...r., j7 �' Y __ _. , _ T__________ . I) ft- :lip:* ..-- tu.t....._ s L$T. .2%1 T' aft4Ii. 2,4S‘IN etak4:44 11.3 - ii)dfliht44' bLir"........ - j j44 _c /2...eAr_ ___________ _C./.7, rte fix,o,cer? -L ,t ti''..:,......if+J(...c_..reLeLtd.....„ S—.7Q 7iz-e4 774c-z? /a. //: '_,„-c_ n .- frkt u- 3o y- 4 ,eezdorr /-%/,E 7,7, s7/y W e 3 f' /hoot? hr to tri- I, *i2 -451 _ _ _ , , .....g,, /Le/at., i . H II. • f • IA Qb --- _ C9'1.2 cr.. 92'00 Sfi4S'oti ncd, . 17t,,„a _ Sc114 ”-- - - " ay. Gam.,. GK _. axta IALUA. 1.411).49,444 arkt.4„3 _ . . • as :k'.' y '' } ,. ... ' - _• 1 MEMORANDUM CHAIRMAN COMMERS AND MEMBERS OF THE FRILLEY HOUSING AND REDEVELOMENT AJThORTTY FROM: NASIM M. QURESHI, HRA DIRECTOR SUBJECT: UNIVERSITY AVENUE CORRIDOR STUDY TATE: JANUARY 4, 1985 Last July, five proposals were received in regard to a request for a University Avenue corridor study. Three of the sutrnittals were selected by City staff for review. These three proposals were presented to the HRA members on July 11, 1985. No action was taken on these proposals at that time. At the September 30, 1985 special meeting, the HRA instructed City staff to inform the local businessmen of the results of the request for proposals and to schedule a meeting in 1986 to discuss the proposals. Me consultants were to be informed that any action in this matter was to be deferred until next year. If the HRA desires to move forward with this matter, it will be necessary to consider a timeframe for a meeting with those businessmen who have expressed interest in the study; and, the amount of money and staff time the HRA is willing to commit to this matter. Several of those businessmen who have expressed interest in improvenents to the University Avenue corridor have been invited to attend the HRA meeting on January 9, 1985 to provide then with the opportunity to present their input into the discussions regarding this matter. �. IA $ 111 DIRECTORATE _ o: OFC ,� 00 PUBLIC WORKS _ _ _�= CITYOf FIt)DLEY MEMORANDUM pm 8/1/85 PM85-240 air �N John Flora. Public rTiorks Director — — -1 $Odin Nasim Dureshi, City M nater _ University Avenue Corridor Study S InmanX . Upon the urging of a businessmen's group, proposals were submitted for improving the University Avenue Corridor from 53rd to 85th, with primary emphasis focused on the University/Mississippi (Center City) intersection. The group proposed that the City contribute $5,000.00 to the study, them sharing in the additional costs. Five proposals were received in regard to the corridor study: Staff has reviewed these submittals and identified three for study: Barton Aschman b Assoc. - Estimated cost $25,000.00 Short-Elliott-Hendrickson - S 17,000.00 Westwood Planning and Eng.Corp.- Not to Exceed S11,500.00 Barton Aschman's proposal focuses on planning, future development and a study group to develop improvements, theme and development. Short-Elliott-Hendrickson is strong in engineering, using public meetings to obtain theme and public support. • Westwood Planning and Engineering is heavy in landscaping and visual pollution. Based upon these three proposals and the costs associated, it may be appropriate for the HRA to schedule a special meeting with the business group and have the three consultants provide a half hour presentation as a means of selecting a firm and identifying a cost participation for the study. If the HRA is agreLable to this let me know so that we may notify the firms accordingly, of if the HRA prefer something different, let me know wo we can proceed with this item. JGF:jmo Enclosures / 5 cc:Jim Robinson _ / cc:Mark Burch '+, C 1B v L M aC N C L O .. � 0 C EA. V �� ILk C> Sc Cr d C > C > >5 MCI C L A. 4+C - 610 in VI CID a CL� C� H CL. - N T rL. ICI 41) 0 O Co C O rC I- L 4. C. W A. -d t Sc i.) E H ^ ea Q M r t r >, C D L. cu d r L L d 5- OCC L L C - E •le Lr V1 dZ O= aW I- La ...)a CC 8 a.• CZ O L) 5.- N N N N VI W k E z C< W H P7 P9 N PI w- Z VI in 0 H 0'bN 0 0 ink in H . ♦ • • • . • O Q+ 10 P. •y N%.0 CO I.) ..y N - .-- -CV Q C 0 N U Y 0 u - N T in L Sc• OCi C S I — a 4 t u 0vs fu toc z c V C C ..- 4- ~ p , _k C W N L I N .0 O r O m VV) a, G .t V t.) 1C Barton-Aschman Associates, Inc. 1610 South Sixth Street Minneapolis.Minnesota 55454 612-332.0421 July 10, 1985 • • Mr. Nasim M. Oureshi City Manager City of Fridley 6431 University Avenue N.E. Fridley, Minnesota 55454 Dear Mr. Oureshi: The University Avenue N.E. Corridor is _an "opportunity area" whose strength can be capitalized upon to bolster the community's vitality. Fridley is a city on the move. Already many internal changes have focused attention on Fridley's initiative. The civic center, Columbia Arena, recreational improvements, and a number of new and refurbished commercial and office developments attest to the City of Fridley's efforts to create a new image. The Corridor Stud) provides opportunities for establishing a unique identity, strengthening Fridley's market area by intensifying land use along the corridor and enhancing the University Avenue image. These changes are aimed at enriching Fridley's . vitality. Corridor and urban design elements, properly completed, can attain these goals by: 1. Developing a Fridley the that is identifiable along the University Avenue N.E. corridor. 2. Enhancing the University Avenue N.E. corridor's image and visua:su :.! . at intersection nodes. 3. Creating an. attractive deve�ment setting for desirable shops, stores, offices and related land uses. 4. Strengthening and articulating the pedestrian environment by offering Lomfort and security. • 5. Bufferin adjacent sensitive land use such as single and multi-family residentia: dwellings along the corridor. The University Avenue N.E. corridor offers some unique opportunities as well as co-r .le• problems for the Cit) of Fridley. The transportation issues intrinsic to State Tru-'. Highway 47 will place some constraints on Fridley's efforts to enhance the corridor's visual character. Barton-Aschman's corporate expertise, consultant experience, previous corridor and urban design studies as well as our established rapport with Mn7DT and Anoka County are assets that can assist Fridley in accomplishing its ultimate goal. [bi 3D Barton•Aschman Associates, Inc. Mr. Nasim M. Oureshi 3uly 10, 1985 Page 2 Our proposed scope of work for this project has been built around four key factors: The opportunity to enhance the visual quality of the University Avenue N.E. corridor and establish a unique identity which will reinforce Fridley's image as a city on the move. • The need to resolve the basic transportation and traffic engineering issues along the corridor. • The need to form a Technical Advisory Committee (TAC) committee involving the city staff, government agencies, land owners and developers to guide improvements along University Avenue N.E. • The need for interdisciplinary team approach to achieve the required tasks. Barton-Aschman's extensive experience with both puhlic and private sector clients, especially in urban design and development packaging for diverse projects such as malnr urban streetscapes, mixed use suburban developments, and redevelopment areas, make us uniquely qual:fied to develop aesthetically and economically viable corridor plans. This experience allows us to serve as a link between the city, other public agencies, and pri.ate interests to help spawn truly creative projects and plans. We ha.e a long tradition of being at the cutting edge of community planning with involvement in unique projects such as the Nicollet Mall, the Central A.enup Commercia' District, the Hennepin-Lake Commercial Node Streetsrape and the Oxboro Rede.elop meat in Bloomington. Our firm remains a national pioneer in urban desig-i, transprtation systems, pedestrian facilities and redevelopment planning. Ba-tn--- Asrhman brings this ability to develop creative solutions for urban problems to the University Avenue N.E. corridor planning process. We see the University Avenue N.E. Corridor Study as a unique urban planning and des:;-, opportunitwhich will require the coordination of a variety of disciplines, city statf and the Technical Advisory Committee. We welcome the challenge it represents and looi, forward to the opportunity to work with you on this project. If you have any questions as you review our proposal, do not hesitate to give us a call. Thank you again for the opportunity to respond to your request for proposal. Sincerely, & arner Senior Associate BJW:kro 1E I SHORT-ELLIOTT-HENDRICKSON, INC. art?, E CONSULTING ENGINEERS sT ►ALR.moodisOTK• • 04IPP1b A IAlls WISCONSIN WAL'SAL WISCONSIN • • i July 10. 1985 Honorable Mayor and City Council City of Fridley 6431 University Ave. N.E. Fridley, MN 55432 ATTN: Nasim M. Qureshi, City Manager We are pleased to have the opportunity to submit this proposal for providing you with professional services in connection with the University Avenue Corridor Improvement. Staff persons from SEH visited the project location on several different days and had the opportunity to discuss with City staff to develop a more thorough understanding of the needs of the University Avenue area . SEH has had the opportunity to provide aesthetic and econoric development upgrades using a mixture of mediums including. h :_ not limited to, liohting, landscaping. art work , novelty iters and recreation facilities. SEH foresees the use of various combinations of these mediums to establish the there ani highlight the four distinct featured areas of the University Avenue Corridor. i .e. residential , commercial , city center . recreational areas. SEH has addressed these questions on many other similar projects and has demonstrated the technical, project manage- ment and communication skills to arrive at a successful project. We sincerely appreciate the opportunity to sub-it this proposal to the City of Fridley for this work and loo' forward to the opportunity of serving on this project. Sincerely. adde/61‘PWWI.ZA/2614-___ .: buane w. Elliott, President kmt 1 !0 GOPHER BUILDING•222 EAST LITTLE CANADA ROAD•Si.PAIL MINNESOTA 5511-•PMOv! 412,48402'1 iF "" WESTWOOD PLANNING i ENGINEERING COMPANY • July 10,1985 1 Janes Robinson Planning Coordinator Civic Center 6431 University Avenue NE Fridley, Minnesota 55432 Dear Mr . Robinson : Westwood Planning & Engineering Company is pleased to suturlt this proposal relating to the University Avenue corridor improvements . We have reviewed the project description , have visited the corridor and discussed the project with City officials. The information contained in this submittal is our preliminary plan that will result on a detailed stud: identifying the issues You have described and sClutiOr•s that can be readily implemented. Following is on Outline that indicates the contents 04 this proposal . •• 6aci ground •• Scope 04 Services •• Team Comm. t tment •• Experience •• Availability •• Cost We believe that our approach to the University Avenue challenge will result in a practical beaut , 4icat . or, plan that will be accepted by the City staff , members 04 the business communit> , the City Council , and the cOn.mur• ut • as a whole . One item that you ma> find lacking, In tie Scope 04 Services section is community liaison . A fundamental philosophy Of our firm is that the public Rust have an oppurtunity 4or input or they mar not support the result . Therefore , be assured, that as part 04 this concept stud, the staff of Westwood will be available for meetings with the affected public to gain their input , answer their Questions and hear their concerns . Our interest in this project is high and we I.Oc.k fCrwar .7 to meeting with you for further discussion. Than* YOu for the oppurtur.it> of making this submittal . Sincerely, t it,do 4,P? - e *9e7 Richard L. Koppy, F.E. Vice—President r• i 'my:* * 110u-Lv•n •rw I** O•.t r.ru[uOta fMR w•s w.CIfs . 1G July 9. 19E5 • City of Fridley 6431 University Ave. N.E. Fridley. MN 55432 Dear Nasim M. Qureshi : Criteria Architects in association with Herb Baldwin, landscape architect and Andrew Leicester, environmental sculpturist are pleased to male a proposal to the City of Fridley for The University Ave. N.E. Corridor Study. We feel that our experience. creativity and methodology will lead to an exciting and implcnental project. Andrew Leicester is a Nationally renowned environmental designer and 1st place winner of the recent Fridley intersection competition. Jerry Allan is an experienced architect who has done sir. ilar projects for the U.S. Air Force in Independence, Missouri , St . Paul Energy Park. and finished 2nd in the Fridley lnterse:ticn compe- tition. Herb Baldwin's sensitivity to the natural environment will support the design team creating a new, strong but com;.assionate, street- scope for Fridley along the Highway. It sho„ld be further understood that we are the pee wh:, will a:loan, do the work and not simply the principles representing the firm. he are fully com".tted to do the work outlined on the work sched.le. Thank you for your tine and consideration. :.in:erely, Gerald E. Allan President Criteria Architects Inc. GEA/ak Enclosures 1H • onsWt,rtp Planners One G►Ore!angl Terrace_— 1612j377 3536 _ Kan=sois 55403 Dehipr.t Shardlow. and (ban'incorporated 10 July 1985 Mr. Nasim M. Qureshi , City Manager City of Fridley Civic Center 6431 University Avenue, NE Fridley, MN 55432 RE: Request for Proposal--University Avenue Northeast Corridor Study Dear Mr. Qureshi : We are pleased to submit our University Avenue Corridor Study Proposal for your consideration. Our Planning Fire is combining forces with Strgar-Roscoe-rause;, Inc. , Traffic and Civil Engineers , to provide a complete pallet of service: needed to address all the possible issues pertinent to the Ccrridcr Study. Our Firm is in the process of preparing similar studies in both suburban and urban areas of the Metropclitar. Area . We presently are suitably staffed and geared up for such work . We believe we are in a unique position to give you an excellent product in a reasonable amount of time. We are prepared to commit our full efforts to this project and look forward to working with you. Sincerely, • C. John Uban Vice-President DAHLGREN, SHAf+=W, 'a^.d ['FAN, INC . Enclosures 2 BND/fridley35 Extract of Minutes of Meeting of the Board of Commissioners of the Housing and, Redevelopment Authority in and for the City of Fridley, Minnesota Pursuant to due call and notice thereof a regular or special meeting of the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota, was held at the Fridley City Hall on the 12th day of December, 1985, commencing at 7:00 o'clock P.M. , C.T. The following Commissioners were present: COkrtERS, PRIEDITIS, P AIRIE, RAS't1TSSEN AND SCi ?AEEL and the following were absent: NONE *** *** *** The following resolution was presented by Commissioner Rasmussen , who moved its adoption: RESOLUTION NO. HRA 21-1985 RESOLUTION REQUESTING THE CITY OF FRIDLEY TO ISSUE ITS $11,550,000 VARIABLE RATE DEMAND GENERAL OBLIGATION TAX INCREMENT BONDS AND APPROVING AND AUTHORIZING THE EXECUTION OF A TAX INCREMENT PLEDGE AGREEMENT IT IS HEREBY RESOLVED by the Board of Commissioners (The "Board") of the Housing and Redevelopment Authority in and - 1 - 2A for the City of Fridley, Minnesota, (the "Authority") as follows: 1. The Authority has undertaken or will undertake, pursuant to and in conformity with Minnesota Statutes, Sections 462.411 et seq. , the public improvements listed in the attached Exh bit A within and for the benefit of the Authority's Redevelopment Project No. 1. 2. It is necessary in the sound financial management of the Authority that bonds be issued to finance the above- mentioned improvements, and for such purposes the Authority hereby requests the City of Fridley, Minnesota, to issue its $11, 550,000 Variable Rate Demand General Obligation Tax Increment Bonds (the "Bonds") . 3. The Tax Increment Pledge Agreement attached hereto and made a part hereof is hereby approved, and the officers of the Authority are hereby authorized and directed to take such steps as may be necessary to execute said Agreement, in substantially the form as attached, upon approval and execu- tion thereof by the City and upon the issuance of the Bonds by the City, and to carry out and fulfill the provisions and requirements of the Tax Increment Pledge Agreement. Adopted by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota, this 12th day of December, 1985. The motion for the adoption of the foregoing resolution was duly seconded by Commissioner PRIEDITIS and upon vote being taken thereon, the following voted in favor thereof: CO'f±ISSIONERS CO'!IERS, RASMUSSEN, PREDITIS PRAIRIE & SCHINABEL • and the following voted against the same: NONE whereupon said resolution was declared duly passed and adopted. - 2 - 2B TAX INCREMENT PLEDGE AGREEMENT This Tax Increment Pledge Agreement (the "Agreement" ) ,is dated as of December 1, 1985; is by and between the City of Fridley, Minnesota (the "City") , and the Housing and Rede- velopment Authority in and for the City of Fridley, Minne- sota (the "Authority") ; and provides as follows: WHEREAS, the City Council has adopted a resolution (the "Bond Resolution") awarding the sale of the City's $11,550,000 Variable Rate Demand General Obligation Tax Increment Bonds, dated as of the date of delivery thereof (the "Bonds") , to provide financing for certain public improvements (the "Improvements") made or to be made with respect to the Authority's Redevelopment Project No. 1; WHEREAS, to provide funds sufficient for the timely payment of the debt service on the Bonds, it is necessary for the Authority and the City to enter into this Agreement: NOW, THEREFORE, in consideration of the covenants and agreements hereof between the City and the Authority, and pursuant to Minnesota Statutes, Section 273.77(a) , the City and the Authority hereby agree as follows: 1. For purposes of this Agreement, $3,915,000 of the principal amount of the Bonds shall be deemed to be issued for Improvements within the Authority's Tax Increment Financing District No. 6 (the "District 6 Bonds, " which definition shall include any obligations issued by the City or the Authority to refund said Bonds) and shall be deemed to mature on February 1 in the years and amounts as follows: YEAR AMOUNT 1988 $ 20,000 1989 25,000 1990 35,000 1991 75,000 1992 125,000 1993 175,000 1994 215,000 1995 225,000 1996 340,000 1997 400,000 1998 565,000 1999 625,000 2000 1,090,000 2. In order to pay the principal of and interest on the Bonds, when due, the Authority hereby pledges to the City, for deposit in the Debt Service Account established by 1 - 2C the Bond Resolution for the payment of the Bonds, and the Authority shall pay to the City, tax increments derived by the Authority from its Tax Increment Financing District Nos. 1 through 6, inclusive (except to the extent such tax incre- ments have been heretofore pledged to other purposes, including without limitation the Authority's $4,070,000 Tax Increment Revenue Bonds of 1985, dated May 1, 1985, and except to the extent that tax increments derived from the Authority's Tax Increment Financing District No. 6 are, pursuant to paragraph 3 of this Agreement, otherwise pledged) , in amounts sufficient to pay such principal and interest and, .f necessary, the Purchase Price thereof (as defined in the Trust Indenture respecting such Bonds) , whe due, and, to the extent such tax increments are ever insuf- Ott) ficient for such purposes, and the City, pursuant to the Bond Resolution, advances City funds to provide prompt and 1&! full payment of the Bonds, the Authority agrees to reimburse �J the City for such advances from such tax increments, when collected by the Authority. . ' th res•ect to such tax incre- ments received by the Authority in any calen.ar year , the Authority shall pay the same over to the City pursuant to this Agreement on the assumption that the Bonds bear inter- est at the rate of 10% per annum, but to the extent that the foregoing assumption results in excess increments for inter- est on said Bonds in the Debt Service Account at the conclu- sion of said calendar year, the amount of tax increments required to be paid to the City in the following .ear pursu- ant to this sentence shall be reduced by said amount. 3. In each calendar year, the tax increments which the Authority shall receive in that calendar year from its Tax Increment Financing District No. 6 shall be applied in the following priority: (a) First, to pay the principal and interest pay- able in such calendar year on the District 6 Bonds, and for this purpose, any prior redemptions of the Bonds shall be deemed to be a redemption of the District 6 Bonds only if and to the extent that such redemption is made with proceeds of the District 6 Bonds which were not expended for the purposes for which the District 6 Bonds were issued; (b) Second, to pay the amounts payable in such calendar year on the Authority's $5,603,755.80 Limited Revenue Capital Appreciation Tax Increment Note (the "Capital Appreciation Note") ; (c) Third, to prepay the District 6 Bonds, to the extent that such Bonds are prepayable in that calendar year; 2 - 2D (d) Fourth, to prepay the Capital Appreciation Note, to the extent such Note are prepayable in that calendar year; (e) Fifth, to compensate for any shortfall of tax increments pledged to the Bonds pursuant to paragraph 2 hereof; and (f) Sixth and finally, for application to any other purpose which the Authority, in its sole discre- tion, may determine. 4. An executed copy of this Agreement shall be filed with the County Auditor of Anoka County, as required by Min- nesota Statutes, Section 273.77(a) . 5. This Agreement shall become effective upon the actual issuance and delivery of the Bonds. IN WITNESS WHEREOF, the City and the Authority have caused this Agreement to be duly executed as of the day and year first above written. CITY OF FRIDLEY, MINNESOTA By Its Mayor ATTEST: By Its City Manager City Clerk (SEAL) HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA By Its Chairman By Its Secretary - / - 2E EXHIBIT A Re: $11,550,000 Variable Rate Demand General Obligation Tax Increment Bonds of the City of Fridley, Minnesota Project Expenditures: Tax Increment Financing District No. 1 (Lundgren Project) : Land Acquisition and Construction of Parking Facilities $1,200,000 Tax Increment Financing District No. 6 (100 Twin Project) : Soil corrections, street improve- ments, walkways, drainage, lighting, and landscaping 2,440,000 General Project Activities within Redevelopment Project No. 1: Street and intersection improve- ments, walkways, lighting, soil corrections, drainage, and landscaping $ 3,420,000 Subtotal $ 7,060,000 Contingencies 147,799 Capitalized Interest $ 2,313, 101 Debt Service Reserve $ 1,732, 500 Credit/Liquidity Cost/ Placement Fee $121,100 Issuance Costs $60,000 Underwriter 's Discount $ 115,500 TOTAL BOND ISSUE $11,550,000 2F Secretary's Certificate I, the undersigned, being the duly qualified and acting Secretary of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota, do hereby certify that I have carefully compared the attached and foregoing extract of minutes of a special or regular meeting of the Board of Commissioners thereof, duly called and regularly held on December 12, 1985, with the original thereof on file in my office and I further certify the same is a full, true, and correct copy thereof, insofar as the same relates to the approval of a certain Tax Increment Pledge Agreement and other matters. WITNESS my hand as such Secretary and the corporate seal of the Authority this day of , 1985. Secretary [SEAL] Housing and Redevelopment Authority in and for the City of Fridley, Minnesota 3 MEMORANDUM TO: CHAIRMAN COMERS AND O)MMISS]ON ;EMBERS OF THE FIRILEY HOUSIIG AND REI E VELD M NT AUTHORITY FROM: NASIM M. QURESHI, CITY MANAGER SUBJECT: BRA'S OPTION ON PROIFRTY MATED SCUM OF THE FRIILEY STATE BANK ON 63RD AVE. AND THE UNIVERSITY SERVICE ROAD HATE: JANUARY 2, 1986 In 1982 the HRA entered into a Contract for Private Developnent with the Fridley Plaza Office Partnership for the development of the office building in Center City. The agreenent contained a Letter of Understanding which provided that the HRA pay up to $90,000 of the cost of thePartnership's IRB issuance plus the tr►derwriter's discount. The actual price paid by the HRA was $90,000. In return for this, the Partnership granted to the BRA an option to purchase the 30,200 square foot property at the SE corner of 63rd Ave and University Service Road. This option will expire on February 1, 1986. Should the BRA decide to exercise the option, the terms of the Letter of Agreement stipulate that the HRA shall pay to the Partnership the sun of $10,000 plus any unpaid property taxes. If the HRA does not exercise the option by February 1, 1986, the Partnership shall pay to the BRA the initial $90,000 plus interest of 10% per annun fran the date the Agreement was signed. The interest and principle anoints are: 9/28/82 $90,000, P only 12/31/82 $93,350, P & I 12/31/83 101,585, P & I 12/31/84 111,743, P & I 12/31/85 122,917, P & I 2/1/86 .123,976, P & I The final principle and interest amount represents a per square footage cost of $4.10 that the Partnership shall pay to the BRA if the option is not exercised. If the option is exercised, the BRA shall pay the $10,000 combined with the $90,000 incurredcost paid in 1982 for a total of $100,000 or $3.31 per square foot. According to David Newman, the BRA has until February 1, 1986 to decide to exercise its option or allow the property to remain in the hands of the Fridley Plaza Office Partnership. Mr. Gus Doty has presented a proposal for development of this property in the event that the BRA does not choose to exercise its option. Therefore, it is necessary that the HRA consider this option and decide what action is to be taken in this matter. 34 CITY OF FRIILEY MEMORANDUM TO: DAVID N WW N FROM: NASD! M. ¢TRESHI, CITY MANAGER SUBJECT: HRA'S OPTION PURCHASE PROPERTY FROM IBE FRITLEY PLAZA OFFICE FARMERSHIP ATE: DECEMER 27, 1985 Enclosed please find a copy of the Letter of Agreement between the Fridley Housing and Redevelopment Authority and the Fridley Plaza Office Partnership. The second page of the Letter of Agreement addressess the !IRA's option to purchase the 30,200 square foot parcel of property south of the Fridley State Bank. I intend to notify the Partnership that the HRA does not wish to exercise its option to purchase the property. According to the Letter of Agreement, the HRA is to notify the Partnership of its intent 30 days prior to any action. Since the option expires on February 1, 1986, I need to know if I must notify the Partnership by January 1, 1986 (which would be before the next HRA meeting) . The Letter also mentions that the Partnership shall pay to the HRA up to $90,000 in the event that the option to purchase is not exercised. I would like to know the exact amount the Partnership would owe the BRA if the option is not exercised. Please review the enclosed material and advise me by Monday, December 30, 1985 as to the necessary action to be taken regarding the aforementioned items. 3B MEMO TO: Nasim M. Qureshi, • Executive Director HRA FROM: David P. Newman ,?'_ RE: HRA's Option to Purchase Property from the Fridley Plaza Office Partnership DATE: December 30, 1985 At your request I have reviewed the Contract for pri- vate redevelopment between the Fridley HRA and the Fridley Plaza Office Building Partnership Dated September 28 , 1982 . In particular you have asked for my interpretation of paragraph 3 contained in the Letter of Agreement which is attached as Schedule G to the Redevelopment Contract. In reviewing the Contract for redevelopment I have not been able to locate any reference to Schedule G in either the body of the Contract or in any of the other Schedules attached to it. As a result, my interpretation is based solely upon the contents of the "Letter of Agreement" . It is my opinion that the HRA has until February 1, 1986 in which to decide whether or not to exercise the Option. Upon making that determination it must then advise the rede- veloper within thirty ( 30 ) days. This interpretation is based upon the fact that the Agreement provides that the HRA must notify the redeveloper "within thirty ( 30 ) days of that action" . It is my interpretation that the language "that action" refers to the HRA' s exercising its option. In other words, the Agreement requires the HRA to decide whether or not it is going to exercise this option on or before February 1, 1986 . This constitutes exercising the option. The actual closing, if required, would take place at a future date. Once the option has been exercised the HRA must then give notice within thirty ( 30 ) days of exercising the same. In the event that the HRA does not exercise the option then the redeveloper must pay to the Agency "the sum up to $90 ,000. 00 plus the accrued interest at ten percent per annum as conditioned in paragraph 2 of this Agreement on February 1, 1986 . " Although this was not very well written it appears that the intent is for the redeveloper to pay to the HRA that sum up to $90 ,000.00 which the HRA advanced to the redeveloper for reimbursement of costs incurred in issuing an industrial revenue bond and related underwriters fees. In other words, the amount which the HRA paid to the redeveloper under paragraph 2 is the amount which the rede- veloper must now repay to the HRA plus interest at ten per- cent per annum. eery f a 7i4elevFRtat,EY a!OUS!NG At4i, f REHABILITATION AUT1 i0iZITY n " ,..,,-, , -. $43t upimorsin, AVENUE PIE FRIDLEY, MINNESOTA 55432 AREA CODE 612 PHONE 571-3450 is _ :, ILI . 21611 rOtt► r tc. 1 2 wRCNASE bag OWES ORIGINAL Sir end Ovum Ackner 4edg• PURCHASE ORDER ?hes Number Must Appear on ewe Ceps and Advise Shipping ',.-P• -c.:'. Al! Correspondence, Invoices, o..Ilw�nedwNil. Shipping Papers and Packages. W) Fri•iley Plaza Office Bldg Partnersh f5'.•4 .. a `.I•:f ors:..••..A..as DEPT. HRA REa.NO. 26127 e+'7 as01rota otuvorrs o. 0 SNIPPING POINT CA coesnue I NG Do NOT DueuciTE TERMS: 0 DESTINATION 0 NON-CONFQMING _%10 DAYS NET 30 DAYS PA mew •vasirrrr, NUARR ��lernom UNIT� EXTENSION 1 Partial payment of the Industrial Revenue Bond Cost of issuance and underwriters discount for vlace,-,ent as per schedule 6 of the contract for private redevelopment 971,OYI.01 { • P.O. No. h: .k•, c.rt:`y that the c _''.. c, sl:rv:: s 'is:ed hereon , •. • f.-..t Leta re:..:cd, inspected. . 1:..: Nati �3'•_r::cto r•!'e rc "....:d ii 149Z— Ara:uat ckfd for F01 $ -0 .d Authorized sign3 „-- - _ - fRIDLEY HOUSING AND REQ LABBUTATION AUTHOR " 1 I EXEMPTtiloml SALES TAX AS A POLITICAL SUBDIVISION OF THE STATE OF MINNESOTA CITY OF FRIDLEY NO.8036361 _;fit” AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER 1 J Sen Collations con im se gid• COMPUTER PROGRAMMING , Ata4 _ ,IICCT PROGRAM DIVISION AMOMR rump j mar . rROGRAy i'. DIVISION AMOUNT 75 ,y . a 751 . . 75 $90.000. ; - • • —` • •'1 7 +M[��e�r'Jf s . zI` -- - - I,. . alP 11"..._11""7"7"111,-- • Y'�PMtiiGREEN— CCOIm-NO •PINK--*ECEIVING • GOLDEN ROD PURCi1ASNOG ar3s FRIDLEY 1'Oi'3t2ti"�i111,'_nal:LOP:'1:i:i' • • ERIDLSY T S` !!/CHs ii.s'4 .asi v4tcs�rrr w :•vZ z:. E. �..c77-' r ,' ._; ;..�; c !:IDIXT. AM 5613= ytrCsL�tYtttl,-:.;TA 1 las ���+ Lra, —.1101e_l_______.Ian "Esq 0 :,•� <, 90,000.0PA s******$90000**DOLLARS**AND**00**CENTStt*s ,_ r�:,r FRIDLEY PLAZA OFFICE BUILDING PARTNERSHIP gra ' NOT NEGOTIABLE re-_ , : 1 4 I:ar: LO Lit? L Z. r,a`- Er r- P1t201l=1 140.tw11110 - RT.lRYs!_t).-2:it.4T A1UTN2Dr21TY rnlD:.CY.NH saw=a 0o trots•IPS::2 WY:::-:..1' :; •ATC 1 tttllCAl►TtOM I eliTsteu+�••�• • AMCYNT 11-3-82 PARTIAL PAYMENT OF THE INDUSTRIAL 90,000.00 C REVENUE BOND COST OF ISSUANCE AND UNDERWRITERS DISCOUNT FOR PLACEMENT ENT 75-4300-751-75 AND PER SCHEDULE G OF THE CONTRACT FOR PRIVATE REDEVELOPYEkT IttitPt.WWI t /ce/02 _ r O • e twe,t.O f.c,tt14Oe 4,1StIV,,t r•,T«wcio,.:a fl�LT► yt r..i Yea. ?O tA, Ni? PAY •socoucTrow• • • 1 - P... ... , mn atel stews.retlatets.or nation&ode n hos _ _.-__..._ weed to toss•tt+r.nstivs ectton to recast minorities , • : 4 n S _ and+ non into Ortrotovrtrent k encovr fume ' aand offset twenties erIth Thom It pr re as.s Ptselrrob t Or services to cto IKessisa . . 1 .. + .. "" • i tr trey. ..''s tilts 5 4....4_4111'1.s : # ► i.''sa4S1 : .. a:- ..,*' w * i : . , • I.: •, . `+eras .c..�+.wire-r....._..-.. —:r. •. •..,.- ." fi•:►. . r.•--r �._ ,s »..R. ..-+.rr+.. i... • ___.1 , . ...1::-...:-__......._ -}+ .� „ . 3'-....._.., .... . . . _ _ . . . _ .`' -• S. -.- ` . ''V S s.' _ . .- . '-+'7''F,7-:',4 -44. _ x 4 S,Z - .tea_ y. 3E SCEOMaliG • OF AGREEKEHT. This Agreement, Dated as of this 28*, day of Septer•+ber7, 1982, by and between the Rousing and Redevelopment Authority in and for the City of hridley (hereinafter called the 'Agency') and Fridley Plaza Office Building Partnership (hereinafter called the 'Redeveloper') Witnesseth, that WMEAEAS, an or before the date hereof the Agency and the Redeveloper have entered into a 'Contract for Private Redeveopment' regarding certain real property located in the Center City Redevelopment Project in the City of Fridley, pursuant to whidh the Authority is to acquire certain property as conditioned said 'Contract for Private Redevelopment' (hereinafter referred to as 'the Contract'). WHEREAS, it is contemplated that pursuant to said 'Contract' the Redeveloper will construct an office-building containing approximately 35,000 square feet upon the redevelopment property. I() , THEREFORE, the parties to this agreement, in consideration of the pra-..ises, convenants and agreements made by each to the other, do hereby agree as follows: 1. That the ARA agrees to purchase the Madsen Building legally described as: All of Lot 20 and South 23.7 feet of Lot 21, Block 3, Rees' Addition along with West one half of vacated alley in said Block 3 whidh adjoins said Lot 20 and South 23.6 feet of Lot 21, also following described parcel starting at center of vacated alley in Block 3 at a point represented by an extension of South line of said Lot 20 , Block 3 , then easterly for distance of 30 feet, then northerly at right angles for a distance of 30 feet, then westerly parallel to extended South line of said Lot 20 for a distance of 30 feet to centerline of said vacated alley, then southerly a distance of 30 feet to point of begining and there terminated. All of said parcel being a point of East one half of vacated alley and Lot 7, Block 3, Rees' Addition to Fridley Park. This purchase would be for $115,614.00. The Redeveloper would continue to master lease the property from the Agency for 6560.00 per month until such time as the Redeveloper shall be located in the 35,000 square feet Office building being developed by the Redeveloper on the Redevelopment Property. The Redeveloper will take full responsibility for the operation and maintenance of the property with no liability to the Agency. 3F In addition, the Redeveloper shall provide to the Agency written waivers of relocation from all subleases being held by the Redeveloper waiving the Agency's obligation tb relocate under the laws of the • State of Minnesota. In return, the Agency shall provide 619,386.00 in relocation assistance to the Redeveloper to assist in the Redeveloper's obligation to the subleases. 3. The Agency shall pay to the Redeveloper up-to 1904.000 of the Industrial Revenue Bond cost of issuance and the underwiters discount for their placement. The Redeveloper shall, in writing, sutrnitt proof, of said cost to the Agency prior to said payment. 3. Tne Redeveloper shall give to the Agency for ore dollar and other good and valuable consideration the option to purchase the following described real property: The North 100 feet of South 259 feet of North 1,507.5 feet of West one half of West one half of East one half of Southwest one quarter of Section 14-30-24 being a part of moots 2_and 3 of Auditor's Subdivision 159-except the_part taken for road. The o tion shall continue until February 1, 1986. Ifthe Agency ; • 3G shall not convey the subject Property, or any part thereof, without the consent of the Agency until a certificate of completion releasing the Redeveloper from the obligations of said Agreement as to said Property or such part thereof then to be conveyed, has been placed of record. This provision, however , shall in no way prevent the Redeveloper from mortgaging said Property in order to obtain funds for the purchase of Property hereby conveyed and for erecting improvements thereon in conformity with the Agreement, any applicable redevelopment plan and applicable provisions of the Zoning Ordinance of the City of Fridley, Minnesota. It is specifically agreed that the Redeveloper shall promptly begin and diligently .prosecute to completion the redevelopment of the Property through the construction of the improvements thereon, as provided in the Agreement. Prarptly after completion of the improvements in accordance with the provisions of the Agreement, the Agency will furnish the Redeveloper with an appropriate instrument so certifying. Such certification by the Agency shall be (and it shall be so provided in the certification itself) a conclusive determination of satisfaction and termination of the agreements and covenants of the Agreement with respect to the obligation of. the Redeveloper and its successors and assigns, to construct the improvements and the dates for the beginning and completion thereof. Such certification and such determination shall not constitute evidence of compliance with or satisfaction of any obligation of the Redeveloper to any holder of a mortgage, or any insurer of a mortgage, securing money loaned to finance the purchase of the Property hereby conveyed or the improvements, or any part thereof. All certifications provided for herein shall be in such form as will enable them to be recorded with the County Recorder or Registrar of Titles, Anoka County, Minnesota. If the Agency shall refuse or fail to provide any such certification in accordance with the provisions of the Agreement and this Agreement, the Agency shall, within thirty (30) days after written request by the Redeveloper, provide the Redeveloper with a written statement indicating in adequate detail in what respects the Redeveloper has failed to complete the improvements in accordance with the provisions of the Agreerent or is otherwise in default, and what measures or acts will be necessary, in the opinion of the Agency, for the Redeveloper to take or perform in order to obtain such certification. S. In the event the Redeveloper herein (or any successor or assign) shall, prior to the recording of the certificate of completion hereinabove referred to: (a) Subject to any unavoidable delay, as defined in the Agreement, default in or violate its obligations with respect to the construction of the improvements provided for in this Agreement and the Agreement, or abandon or substantially suspend construction work, and any default or violation, abandonment or suspension shall not be aced, ended or remedied within thirty 3H (30) days after written demand by the Agency to do so; or (b) Pail to Fey real estate taxes or assessments on the Property or any pert thereof when due, or shall place thereon any encumbrance rance or lien unauthorized by the Agreement with the Agency, or shall suffer any levy or attachment to be made, or any materialmen's or nectanic's liens, or any other unauthorized encumbrances or liens to attach, and such taxes or assessments shall not have been paid or the encumbrance ante or lien removed or discharged, or provisions satisfactory to the Agency made for such payments, removal or discharge, within thirty (30) days after written demand by the Agency to do so; provided, that if the Redeveloper shall first notify the Agency of its intention to do so, it may in good faith contest any mechanics' or other lien filed or established and in such event the Agency shall permit such mechanics' or other lien to remain undischarged and unsatisfied during the period of such contest and any appeal, but only if the Redeveloper provides the Agency with a bank letter of credit in the a-ount of the lien, in a form satisfactory to the Agency pursuant to which the bank will Fey to the Agency the amount of any lien in the event that the lien is finally determined to be valid and during the course of such contest Redeveloper shall keep the Agency informed respecting the status of such defense; or (c) Transfer, in violation of the Agreement or this Agreer.ent, the Property or any part thereof, and such violation shall not be cured within sixty (60) days after written demand by the Agency to the Redeveloper; or (d) Default under the terms of a mortgage loan authorized by Article VII of the Agreerent and the mortgagee under such mortgage loan has orr iiced exercising any reredy due to such default or has given notice of its intent to do so; then the Agency shall have the right to re-enter and take possession of the Property and to terminate and revest in the Agency the estate conveyed to the Redeveloper, its assigns or successors in interest, but subject to any mortgage authorized by Article VII of the Agreement and to the rights of the mortgagee thereunder pursuant to the Agreement. 9. The Redeveloper agrees for itself and its successors and assigns to or of the Property or any pert thereof, that the Redeveloper and such successors and assigns shall: (a) Devote the Property to, and only to, office building and related uses; (b) Not discrirrinate on the basis of race, color, creed, national origin, or sex in the sale, lease, rental, or in the use or occupancy of the Property or any improvements erected or to be erected thereon, cc any part thereof; (c) Not cause the Property to be removed from the public tax rolls or 3I to became exempt from assessment for general real estate taxes by reason of any conveyance, lease, abatement, or other action so long as the tax increment generated by the Property is pledged to the payment of principal of and interest due outstanding bonds or other obligations; and (d) Assume and comply with the provisions of Section 6.3 of the Agreement which provides in part that the Redeveloper shall not apply for cc seek through achinistrative oc judicial proceedings a rect,ction in the pccperty tax below $72,986. 1, 5/ 3, aoo 10. It is understood and agreed that the RedevelcQer shall capensate the Agency for any costs incurred for the sale of Tax Increment General Obligation Bonds for this Project due to the failure of the Redeveloer to perform under this Contract. It is intended and agreed that the above and foregoing agreements and covenants shall be covenants running with the land, and that they shall, in any event, and without regard to technical classification or designation, legal or otherwise, and except only as otherwise specifically provided be binding, to the fullest extent permitted by law and equity for the benefit and in favor of, and enforceable by, the Agency its successors and assigns, and any successor in interest to the Property, or any part thereof against the Redeveloper, its successors and assigns, and every successor in interest to the Property, or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. In amplification, and not in restriction of , the provisions of the preceeding section, it is intended and agreed that the Agency and its successors and assigns shall be deemed beneficiaries of the agreements and covenants provided herein, both for and in their own right, and also for the purposcs of protecting the interest of the ccrtuhity and the other parties, public or private, in whose favor or for whose benefit these agreements and covenants have been provided. Such agreements and covenants shall run in favor of the Agency without regard to whether the Agency has at any time been, remains, or is an owner of any land or interest therein to, or in favor of, which such agreements and covenants relate. Tne Agency shall have the right, in the event of any breach of such agreement or covenant to exercise all the rights and reredies, and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breach of agreement or covenant, to which it or any other beneficiaries of such agreement or covenant may be entitled. A. f. i • •i• •& I /fm. ,j ItW �, y - /rr yr r rw-a. . I .0A•4444 t i 111 14 2___,. . ..1 *i . 1'` I ''�l j it1.0.1s l d - *' Ia11° , N a i . ' a, .7)2. • 1 . 1,, „...--„,„ , 4°— . . . I. - : 4. 0 3 a 6450 Is ' 1)440 # —0 , A— _ • . 1 :.� �� ,• �� AL/CE I W I 6 tm• .4 0 . li 64 TM {a N.E. ►; 6151 • •r� 4150 . i .-r,., D "I : 1 • • I, �� /O� 4 0 • ADD ,J ll /y J .:• j ,..4., I " O - 1 �......, 11'' fE , l• I • : . ', , ar7 i e e •ter a� i.�✓ /I + � " ' ►'.. 310 :1,..r, 1 • / e. - ar W.111°,.'r . 1Yy4, r.. 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' ' ;*fir 4•. 'ILO. -'ad"`ibr.a.„ • - - _'. .„ _t.'" j-- ''''..t'• a' "- , 2.'3" • • - 4 CITY OF FRIDLEY MEMORANDUM MEMO TO: Planning Commission and City Council MEMO FROM: Housing & Redevelopment Authority MEMO DATE: January 9, 1986 REGARDING: Support of S-2 Zoning for Lake Pointe Corporate Center Purpose This correspondence is intended to express the Housing & Redevelopment Authority's support for the applications for S-2 "Redevelopment District" zoning, special use permit and plat for Lake Pointe Corporate Center. The S-2 zoning will help to streamline the zoning approval process while tying the rezoning to the proposed master plan. intent The Housing & Redevelopment Authority endorses the rezoning to S-2 of the majority of the site as outlined in the attached public hearing notice (Attachment A). The existing most northerly parcel of the drive-in site, approximately 128 feet, described as Lot 22, Block 10, Donnay's Lakeview Manor Addition, will retain it's present R-1 "Single Family" zoning. This area will be reserved for use as a buffer to the residential area as well as pathway, driveway and surface parking uses. Approval of the special use permit for parking on R-1 will satisfy the existing R-1 zoning requirement for this area. The westerly portion of the Johnson property will also retain it's existing R-1 zoning and will be platted as an outlot to be reserved as a green buffer area. The present and proposed zoning classifications for the entire project are illustrated in Attachment B. Background The Lake Pointe Corporate Center, when complete, will consist of seven office buildings, a hotel with convention facilities and a restaurant. Parking facilities include low profile parking ramps, underground parking and surface parking lots. The total construction will include close to 750,000 square feet of new development, excluding parking ramps. The entire nine phases of the project have been designed as part of a comprehensive master plan which is directly tied to the now executed development agreement. The development is layed out in a creative campus like fashion which inter- relates buildings through proximity, orientation and structural components, as shown on Attachment C. A consistent landscape motif complete with plazas, fountain, abundant plant materials and pathways will also add to the creation of a harmonious relationship between buildings and open spaces. AA Planning Commission and City Council January 2, 1986 Page 2 Zoni11g • The majority of the site is now zoned C-3, "General Shopping Center", which is the City's highest zoning. The development as proposed could proceed on the drive-in portion of the site without any change in zoning classification. However staff informs us there would be requirements for special use permits, setback waivers and rezoning for commercial use on the Johnson portion of the site. The S-2 "Redevelopment District" zoning will provide for a streamlined review process, allowing for the campus like layout while incorporating most of the zoning needs under one action. In addition once approved under S-2, the Woodbridge master plan would be locked into the rezoned site. This feature of the 8-2 code provides additional security as to the future land use of this site in the unlikely event that the Woodbridge development is not realized. Future Controls Each set of building plans will require review and approval by the Housing & Redevelopment Authority prior to issuance of a building permit. In the event of any substantial changes to the master plan, S-2 zoning calls for additional review by the Planning Commission and City Council. The Housing & Redevelopment Authority suggests that some flexibility be agreed upon from the onset, to allow for reasonable modifications to the plan. The following framework will serve as a guide for determining reasonable versus substantial change. Reasonable Change; Housing & Redevelopment Authority/Staff Approved. 1 . Building location modifications which do not place buildings any more than thirty feet closer to R-1 zoned land, not including parking ramps. 2. Parking ramp location modifications which do not locate ramps in R-1 zoned land. 3. Parking lot or ramp modifications which do not involve expansion into or decrease of any of the outlots as proposed in the preliminary plat (Attachment D). 4. Simple material changes to architectural and site elements, which do not alter the overall quality of the development such as changes to exterior building and ramp facade materials, landscape elements, signage and lighting components. Changes which will be considered substantial and will necessitate further review by the Planning Commission and City Council shall include, but not be limited to, the following: Substantial Changes; Planning Commission/City Council Review. 1. Any changes which do not meet the intent of the aforementioned Housing & Redevelopment/Staff approved conditions. 2. Any increase in the number of stories for any of the proposed principle buildings or parking ramps. Planning Commission and City Council LIP January 2, 1986 Page 3 3. Any changes in the proposed building usage which is not consistent with a quality office park, hotel, convention facility and restaurant. 4. Additions to the square footage of any of the principle buildings involved which exceed 115% of the original proposal or that which creates a footprint in excess of that allowed by C-3 Code, whichever is less. Lot coverage is defined in the enclosed computation sheet (Attachment D). 5. Additions to the square footage of parking ramps or parking lots which exceed 115% of the original proposal. ,Stipulations Prior to issuance of the first building permit and also as a condition of the rezoning it would be reasonable to require that the following submittals be approved by staff and the Housing & Redevelopment Authority: 1. Storm drainage plan. 2. Landscape plan. 3. Lighting plan. 4. Signage plan. 5. Architectural facade material plan including ramps. All of the above referenced plans should be comprehensive in nature taking into account the entire development. A phasing plan for each of the elements should be addressed to the extent which is reasonably possible at the time of submittal. Conclusion The Housing & Redevelopment Authority is confident that the Lake Pointe Corporate Center will be a tremendous asset to the community. We appreciate the assistance of the Planning Commission and City Council in their support of the zoning and future review programs as outlined. JLR/dm M-86-1 ATTACHMENT A 4C PUBLIC HEARING • BEFORE THE PLANNING COMMISSION Notice is hereby given that there will be a Public Hearing of the Planning Commission of the City of Fridley in the City Hall at 6431 University Avenue Northeast on Wednesday, January 22, 1986 , in the Council Chamber at 7:30 p.m. for the purpose of: Consideration of a Rezoning request, ZOA #85-05, by the Fridley Housing & Redevelopment Authority in cooperation with Woodbridge Properties, Inc. , to rezone from C-3 (General Shopping Center), C-1 (Local Business) , R-1 (One Family Dwelling) and R-3 (General Multiple Dwelling) to S-2 (Redevelop- ment District) on Lot 4, Auditor's Subdivision No. 155, except that part taken for Highway, and Lot 5, Auditor's Subdivision No. 155, except that part taken for Highway, and the south two hundred feet of the north half of the north half of the south- east quarter of Section 23, T-30, R-24 west, except that part taken for Highway, and a portion of Lot 5, Block 5, Donnay's Lakeview Manor Addition, according to the preliminary plat thereof on file in the City Manager's Office, in and for Fridley, Minnesota, all located in the south half of Section 23, T-30, R-24, City of Fridley, County of Anoka, Minnesota. Any and all persons desiring to be heard shall be given an opportunity at the above stated time and place, PATRICIA GABEL CHAIRWOMAN PLANNING COMMISSION Publish: January 6, 1986 January 13, 1986 I ACHMENjB. ,.,K. - �� — • ,\ . ' —• , • % yD a 14 • f: ,s • ... i ii.1.4 ..... • 446 ''..i.•.•>... •• .•:::....... . +,4•,V •.;•. • ill __r). ,. - , d r t. k .. ; • .. ... ......, • \\ am al pa Z:.-.:-..: ............ ....... '.:.:.:.............§N,. vor ..:o p . .... `-4/ •-I. -; - •• .2. --7 \MI. WN, :. i et ,:‘,:::.: :::::::•:::•:.::.,.....:::: :::::...t.:N„ .....:. k in ani , .10,4,:J.:. ,: _iv„ •:ii ......:.: •:- b'• '.....• '•:•'. :•:.:•••• Wvll,.11 'i,' ‘ ,, ' 4:. so,N ‘ sr x ' j .1 1 , 1 st.4. e o • • i/ :,u4 1 .•. • .i••• ��� 9/04.,,, .F j/ 5I lig, "$ �1 •ossatt�` \- :. '• r •Tr, tc,- td. ! o; " / I 21 :/..:jt t 0 '1,:. 4.4 i . \• ,0 \ ,,', . •.: 4 • .10 m ,Q,:. . _ tin 'll''''r^.;-' --' .\---:" n , \L, 1 N. .%.- "Z.**‘..4 : . : •• :IN "c + 1' N ' t' N Z N � '• . 0 Y 0 STATE 7 UVK H/h7�W,41' NO 65 (CENTRAL AVDK/£1 • Sg S IlE — ATTACHMENT C Iii ' I hi if # i I 11111111 I I iiiitioitm.', 1) — Il r i , / / ---- •• 7, ' \ 4a 2 t -2.kliii ;1 g ' 31. i rn 1 I Will I 4 1 1 A Iiiiiiii 1 1 11111{11 ih ' I i 1 Atiii?kit% : . : 1 1 _ ' 'I 1* . ifigia Heim! i WHIN' e;•1E ; ' r'.. '•. 41:::,,,, I L• .• 1 ,ierls, • ,,, . : 1 : 4,,.w if _.T. • f , 1,4 , 1 I. . •t:, \ / 'a \//I ...,4. •• i'l rJ 1 e01 ..'i!!! tt, iiifrO: ., . • . 1., • ii 1/1 ! e 5,jip . ., i !i ' ' 'iv. 4it -/, OUPICY Tate-- . lN • ... ,,,,. .g JACKSON STREET _ : . ••1 ' // V\ \,, 'i 4... ........ ............ MMIP••al..M.,...t • , • ‘ 1.4 '..-- -------X oil .,01---- •,\\ e\ ! t------es/ K 030-- .. • 41 ' %."Nehh• \V r 411I . j s.......„ .........4:1: STATE j:----Tgr-----NuNK ANIGHW -----....-- . .------..----.. ATTACHMENT D - - -_ 77+_'•` : - , STREET +_ r----_ , _ . 1 LIP �N ' , it <-__ ‘l_.--,...„ _ _" �� ' ,Qi R.,, ,„. •_ ► tic \ e ,. _..1,,\ _41111)- - 0 \ - " ........., Z • i kt'�. 4 \ m I 0 z I �� \ 4 \ ..R 3) a °./ _fit \ ,I„ i 0 1 7^ ,\ ".--- ---- - . L. .... - m • 4-1--N -1' '- Z aI rF as / j1, I; i ‘ Is *C., G :, ,`'v. ,t • ? 1 j l ' woo_sr \oi.ire 'AOikj.,;-- , e} . F71 %"p ,ty \Ca 1 �;}' •\8ti" a \ ' t 7 /,M \ ---- ti rte' \ , �, i , p ... f\ / ` %.w I ;' /C/ \. ►� K°.rE 'o r' o p� \ f••....-.04 � , - / \` Y _\ ♦ �o• J' "-ran '_ _ __i ��(CENTRAL: AVEM/EI STATE TRCA'VK H/GMW,4Y NO 65 (CE ��^�wa c E ATTACHMENT E ,IG LOT AREA - BUILDING COVERAGE ANALYSIS BLDG/LOT I HEIGHT 1 SQUARE FEET I FOOT PRINT 1 LOT AREA { % COVER ALLOW I % COVER ACTUAL I_ 1 A 1 { 1 { 1 I I I Lot 3 I 2 I 32,000 I 16,000 I 119,690 I 35% I 13.3% 1 1 Blk 1 I 1 I 1 I 1 1 1 B 1 1 I { I I 1 41 Lot 6 1 3 I 48,000 1 16,000 I 143,796 I 30% I 11.1% 1 Blk 2 1 1 I 1 I I { 1 C I 1 I 1 I I { 1 Lot 5 I 6 1 128,232 I 21,372 I 174,116 1 15% I 12.3% I 1 Blk 2 I I I 1 I I I I D I 1 I 1 I I 1 I Lot 4 1 8 1 160,000 I 20,000 I 165,736 1 Not addressed I 12.0% 1 1 Blk 2 I I I 1 I in Code I I 1 E I 1 1 1 1 1 I 1 Lot 3 8 1 160,000 I 20,000 1 162,151 1 Not addressed 1 12.2% I 1 Blk 2 I 1 I 1 1 in Code 1 I 1 F { 1 I I I 1 I 1 Lot 2 1 4 1 70,000 I 17,500 1 142,196 I 25% I 12.3% I I Blk 2 I I I I I I I 1 G I I I I 1 I 1 1 Lot 1 I 3 I 48,000 1 16,000 I 104,106 1 30% I 15.4% I 1 Blk 2 I I I 1 I I 1 1 I 1 I 1 { 1 1 1 Rest. I• 1 I 10,000 I 10,000 I 84,534 I 40% 1 11 .8% 1 I I I I I 1 I I I I I I I I I I 1 Hotel/ { 6 1 90,000/3,500 I 18,500 1 131 ,706 1 15% 1 14.0% I { Conv. I 1 I I I I I Total Foot Print: 155,372 Square Feet Total Lot Area: 1,227,981 Square Feet _ Total Outlot Area: 158,548 Square Feet Total Site Area With Outlots: 1,386,529 Square Feet Total Lot Coverage With Outlots: 11 .2% Note: Lot areas and percent coverage are subject to change with final plat 5 MEMO TO: Nasim Qureshi MEMO FROM: Jim Robinson MEMO DATE: January 3, 1986 REGARDING: Relocation Expenses for 5747 Central Ave. NE. As of December 6, 1985, the HRA is the owner of the property at 5747 Central Ave. NE. The owner was paid in full for acquisition at a cost of $71 ,000 and relocation at a cost of $4,323.50. The HRA is now landlord of the property and will be responsible for relocation payments to the tennants when they are required to move. Since the time that we first informed the HRA of the preliminary costs associated with this project, we have learned that a sub-tenant also resides at the property. The owner was apparently unaware of the additional co-tenant. Based upon our relocation consultant's findings, this individual is also eligible for a relocation adjustment payment of up to $4,000 and a fixed payment for moving expenses of $500, or actual moving expenses, if applicable. Mr. Bagley's correspondance regarding this additional liability is enclosed for your review. Please note additional consulting fees of $1,400 are also involved with this additional claimant. As to the computation of relocation benefits to displaced tenants, the following is a summary of a section from the HUD handbook, "Relocation Assistance To Displaced Tenants". 1. Moving Expense Payments. Every displaced person is entitled to a relocation payment to cover the reasonable cost of their move. They may choose either: a A payment for actual moving expenses, or a A fixed payment. 2. Replacement Housing Expenses. Eligible displaced people will receive a replacement housing payment to assist in paying for the decent, safe, and sanitary replacement housing to which they move. If they occupied their home for at least 90 days before the effective date of the public agency's "Notice of Displacement," they may be eligible to receive either: • A rental assistance payment in an amount up to $4,000; or • A downpayment assistance payment in an amount up to $4,000. 3. Rental Assistance Payments. The maximum payment is $4,000 and is determined by subtracting the displaced tenants' base monthly housing cost at the existing residence from the replacement home rent (or a comparable replacement home if that rent is lower). That monthly assistance, if any, is multiplied by 48, and the total amount, not to exceed $4,000 , is the prescribed payment. The base monthly housing cost is either: Nasim Quresni January 3, 1986 c Page 2 * The current rent, including utilities, or • 25% of the monthly gross income, whichever is less. In the case of the tenants at 5747 Central Ave. NE, the base rent of $560/month is lower than comparable rental homes in the metropolitan area which are currently estimated at $650/month. The difference in rents of $90/month when multiplied by 48 months is $4,320. If the tenants rented at $650/month or higher, they would be eligible for the maximum rental assistance payment of $4,000. However, if they rented for an amount which when computed, as above, yielded a number less than $4,000, they would only receive that lesser amount. 4. Downpayment Assistance Payments. If the displaced tenants opt to purchase a home rather than rent, they may be eligible for up to $4,000 in down payment assistance. If they select a DOWNPAYMENT ASSISTANCE PAYMENT, there is a matching requirement when the costs exceed $2, 000. If the needed downpayment and incidental expenses are in excess of $2,000, they will receive $2,000 plus 50% of any amount over $2,000 that is required as a downpayment. The maximum payment is $4,000. Exact relocation benefits for the remaining tenants will not be fully determined until such time as replacement housing is found. At that time, a complete relocation claim will be provided for your review. Although possesion of the property is possible on March 6, 1986, our preference would be to allow the tenants to remain until we need the property for road construction. JLR/mg Attach. M-86-2 INDUSTRIAL RESIDENTIAL COMMERCIAL 5B FEDERAL - STATE RELOCATION CONSULTING SERVICE INC. 299 North Snetlins Avenue St. Paul. Minnesota 55104 Phone: Area Code - 612-645-7329, 645-9171 December 6, 1985 Mr. Jim Robinson Planning Coordinator City of Fridley Civic Center 6431 University Avenue N.E. Fridley, MN 55432 RE: 5747 Central Avenue N.E. Dear Jim, Please be advised that the referenced address has an additional tenant in occupancy. Originally the owner , Mr. Stewart advised the City that the dwelling was occupied by Steven Rukes and Robin Trobley. They indeed occupy the house. In November of 1984 , Steven Rukes and Robin Trombley entered into a month to month lease arrangement with Peter Rukes as a sub-tenant . At first he occupied space in the main household but now is residing • in the lower level of the house. Peter Rukes is the additional tenant residing in this dwelling and is eligible for relocation benefits. See enclosed information. In addition to the relocation benefit expense there will also be an additional fee for consulting services of approximately $1 , 400. 00. If you have any questions, please give me a call . Sincerely yours, t*. HaJack B gley Relo a ion Consultant JB/pp - i Enclosure: Memo regarding additional occupants of single family dwellings 5C TO: Jim Robinson December 6, 1985 FROM: Jack Bagle4P SUBJECT: Rental Adjustment Payment Co-Tenants Single Family Dwelling 5747 Central Avenue N.E. The area office of HUD addressed the policy of determining the level of relocation benefits to multiple occupants displaced from a single dwelling . The purpose was to enable fair and equitable treatment to those being displaced and provide them with the opportunity to afford comparable decent housing . The characteristics followed to determine the catagory the tenants fit into is attached. Based upon these characteristics and without any additional information to the contrary the additional occupant of the subject address could be eligible for a relocation adjustment payment of up to $4 , 000. 00 and a fixed payment for moving expenses of $500. 00, or actual moving expenses if applicable. While we try to avoid this type of surprise, they do occur . The situation of multiple occupants of a single family dwelling is an additional relocation expense which cannot be determined , usually, until after acquisition occurs. More often then not the dwelling owner is unaware of sub tenants to the prime, consequently the occup- ancy is not noted until actual contact with the occupants is made. Most property owners do not want their tenants contacted until after they have accepted the citys offer . A Notice of Displacement and 90 Day Notice to Vacate have been sent by Certified Mail to all occupants , (copies have been sent to you) . FEDERAL- STATE RELOCATION CONSULTING SERVICE 299 No.Snelling Ave. St.Paul Minn. 55104 1612)645-7329 or 645.9171 5D TO: Jim Robinson December 6, 1985 FROM: Jack Bagley • SUBJECT: Multiple Occupants of an Acquired Dwelling The following characteristics are going to be followed to determine if the occupants residing in 5747 Central Avenue N.E. are: a) . Separate leasehold tenants b) . Co-tenants c) . Prime tenant/sub tenant A guideline to these characteristics is as follows: COMMON TENANCY CHARACTERISTICS A GUIDELINE I . Separate Leasehold Tenants Have: 1 . An individual oral or written lease arrangement with the landlord; 2. Separate checks , receipts , and contracts with the landlord ; 3. No rent increase if other tenants move out; 4 . No rent decrease if others move in; 5. Exclusive use of an identifiable portion of the unit although there may be also shared space. II . Co-tenants have: 1. Rent based upon the total dwelling ; 2. Their portion of rent divided among them; 3. Variable rents depending on move-ins and move-outs ; 4. Landlord collections from any or all of the group, but each paying the landlord directly does not establish a separate leasehold interest; 5. No one person held responsible for the group's behavior ; 6. Equal rights and responsibilities to the landlord. FEDERAL- STATE RELOCATION CONSULTING SERVICE 299 No.Snelling Ave. St. Paul,Minn. 55104 1612)645.7329 or 645-9171 5E III . Prime-tenants/Sub-tenants have: 1. The prime tenant fully accoutable for the units ' rent and all the tenants ' conduct; 2. Usually the prime tenant in occupancy first; 3. Rent paid by the sub-tenant to the prime tenant and complaints directed in the same manner ; 4. Unit rent set by the landlord, but the sub-tenant' s share set by the prime tenant; 5. Eviction of the sub-tenant by the prime tenant and it may not necessarily follow legal proecesses; 6. Lease arrangements are between landlord and prime tenant , prime tenant and sub-,tenant, receipts issued in the same way; 7. Full use of the unit for the prime tenant and possible use of the kitchen or other facilities for sub-tenant. Categories I and III tenants each eligible for up to $4 , 000. 00. Category II tenants must divide $4 ,000. 00 between them, (prorated) . FEDERAL- STATE RELOCATION CONSULTING SERVICE 299 No.Snelling Ave. St.Paul. Minn. 55104 1612)645-7329 or 645-9171 PLANNING DIVISION clnroF MEMORANDUM FRIDLEY MEMO TO: Nasim Qureshi , City Manager MEMO FROM: Jim Robinson, Planning Coordinator QQ, MEMO DATE: December 6, 1985 REGARDING: Execution of Quit Claim Deed The attached document is a quit claim deed assigning transfer of ownership of Lot 6, Block 1, Fridley Plaza Addition from the Housing & Redevelopment Authority to the City of Fridley. This document needs to be executed and filed at Anoka County. Both you and Larry Commers will need to sign as indicated. It would be timely to obtain Mr. Conners' signature at the December 12, 1985 Housing & Redevelopment Authority meeting. Please return at your earliest convenience. Attached is a map showing the area in question. JLR/dm M-85-156 611 RFSCLITPICN NO. St 1985 A RmaznaN AiT HORIZDG THE PURCHASE OF PROPERTY (FCLICE GARAAGE) WHEREAS, the City of Fridley and the Fridley Housing and Redevelopment • Authority have jointly constructed a Police Garage and walkway systun, and WHEREAS, part of the City of Fridley Police Garage currently sits on land owned by the Housing and Redeveloprent Authority, and WHI.:F1S, it was agreed uppn that the City of Fridley would purchase that land f ram the Housing and Redevelopment Authority, and WHEREAS, the garage is new completed. NCW, 'HEREFORE, BE IT RFSCLVED, the City of Fridley agrees to purchase from the Housing and Rekvelop-•ent Authority 9,029 square feet of area for $35,000. PASSED AM) ALOFT ED BY IHE CITY COUNCIL OF THE CITY OF FRIDLEY THIS / _ DAY OFJ cc 11 , 19115. WILLIAM J. NEE - P7ACR A'l Lt51 : SIDNEY. C. INA. - CITY CLEP.K 1 RESOLUTION NO. BRA 10 - 1985 A RESOLUTION AUTHORIZING TUE SALE OF PROPERTY WHEREAS, the City of Fridley and the Fridley Housing and Redevelopment Authority have jointly constructed a Police Garage and walkway system, and WHEREAS, part of the City of Fridley Police Garage currently sits on land owned try the Housing and Redevelopment Authority, and 4HH a• , it was agreed upon that the City of Fridley would purchase that land from the Housing and Redevelopment Authority, and WHEREAS, the garage is now canpleted. NOW, THEREFORE, BE IT RESCLVED, the Housing and Redevelopment Authority does agree to sell to the City of Fridley 9,029 square feet of area for $35,000. PASSED AND ADOPTED BY THE HCOSIM AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIELEY THIS 13TH DAY OFJUNE, 1985. (7,ZL.4 LAWRENCE R. U ERS — CHAIRMAN --- ATT: P 64s-z NAS IHSS M. QURESHI — DIRECTOR are mt. d Fore Ma 31-11/. M�nnc.wa Uniform(:oo.eMJln-D.rn Co..Mroeyol» ,rocy Mn►,(Rernaol 1171) rfjig 3nbenturt, Xad.this day o/ 19._8S-, 6C between tilt' City of FridleyHousing and Redevelopmenthithority. Public alcorporation under the laws of the Stats of Minnesota-�__--_- _--_-_...........__..,party of the first part,and the City of Fridley a/�r�ilailtR Retnder the laws of the State of.-....141H.Ii.e-aO.Ls.___._..____.___. •__._._... _.._._................__ _........ party of the second part, WitntSsttb, That the said party of the first part, in consideration of the sum of One ($1.00) and no/100 "' DOLL4RS, to it in hand paid by the said party of the second part,the receipt whereof is hereby acknowledged, do.s hereby Grant, Bargain, Quitclaim, and Convey unto the said party of the second part,its successors and assigns, Forever,all the tract. .. or parcel........-of Land lying and being In the County of Anoka and State of.Minnesota, described as follows, to-wit: Lot 6, Block 1, Fridley Plaza Addition Subject to reservations, restrictions and easements of record, if any, i I � F To Ittatte sub to jf,toRt the Same, Together with all the hereditaments and appurtenances there unto belonging or in anywise appertaining,to the said party of the second part,its successors and assigns, Forever. 3n Ittitimonp crot , The said first party has caused thus presents to be executed in its corporate name by Its....... 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' 411 • :` • .711,6 al•:J.!: .....• • ...it. s * . 41% / • a::Is As 11, SO ... %. .3ir • •• 1 b ' 41 e_ ..--•• T E' _ • A I,.i i r A " . ; •' Fan. e4P •, - -16, . s•4_21 . 4 . I 7 CLAIMS 1445 - 1452