HRA 03/14/1985 HOUSING & REDEVELOPMENT AUTHORITY MEETING
THURSDAY, MARCH 14, 1985 7 :00 P.M.
City of Fridley
AGENDA
HOUSING & REDEVELOPMENT AUTHORITY MEETING MARCH 14, 1985 7 :00 P.M.
Location: Council Chambers (upper level )
CALL TO ORDER:
ROLL CALL:
APPROVAL OF MINUTES:
Housing & Redevelopment Authority Minutes : February 14, 1985
ADOPTION OF AGENDA:
CONSIDERATION OF RESOLUTION NO. HRA 5-1985 AUTHORIZING THE
DEVELOPMENT OF PLANS FOR IMPROVEMENT AND CHANNELIZATION OF
THE TRUNK HIGHWAY 65 AND WEST MOORE LAKE DRIVE/CENTRAL AVENUE
INTERSECTION 1-1E
CONSIDERATION OF RESOLUTION NO. HRA 6-1985 PROVIDING
PRELIMINARY APPROVAL OF THE ISSUANCE OF TAX INCREMENT
REVENUE REFUNDING BONDS OF 1984 OF THE HOUSING AND REDEVELOPMENT
AUTHORITY OF THE CITY OF FRIDLEY; AUTHORIZING ACTIONS OF
STAFF AND NEGOTIATION OF A BOND PURCHASE AGREEMENT 2-2B
CONSIDERATION OF RESOLUTION NO. HRA 7-1985 AUTHORIZING THE
IMPROVEMENT AT 5TH STREET BETWEEN 61ST AND 63RD AVENUE 3-3B
APPROVAL OF AUDITOR FOR YEAR ENDING DECEMBER 31, 1984 4-4A
ESTIMATE: 5-5A
Renellette Trucking •
927 Andover Boulevard
Anoka, MN 55304
Demolition of Structure - Mississippi Street and
University Avenue
Estimate #1 $4,104.00
FINANCIAL STATEMENT 6
CHECK REGISTER 7
OTHER BUSINESS:
CITY OF FRIDLEY
HOUSING & REDEVELOPMENT AUTHORITY
MEETING
FEBRUARY 14, 1985
CALL TO ORDER:
Chairperson Coroners called the February 14, 1985, Housing & Redevelopment
Authority meeting to order at 7:03 p.m.
ROLL CALL:
Members Present: Larry Commers, Elmars Prieditis, Carolyn Svendsen,
Walter Rasmussen
Members Absent: Duane Prairie
Others Present: Nasim Qureshi , HRA Director
Sid Inman, City Finance Director
Dave Newman, City Attorney
Arlin B. Waelti , O'Connor and Hannan
APPROVAL OF JANUARY 10, 1985, HOUSING & REDEVELOPMENT AUTHORITY MINUTES:
MOTION by Mr. Rasmussen, seconded by Ms. Svendsen, to approve the Jan. 10, 1985,
oA us ng & Redevelopment Authority minutes as written.
Upon a voice vote, all voting aye, Chairperson Commers declared the motion
carried unanimously.
1 . UPDATE REGARDING HOLLY CENTER DEVELOPMENT AGREEMENT AND
APPROVING THE SIGNAGE PLAN FOR HOLLY CENTER:
Mr. Qureshi stated the City has been working with the owners of the Holly
Shopping Center to upgrade the center. The HRA approved the development
agreement, and that agreement has been fully executed by the HRA, Heartland
Realty, the owners of Holly Center, and it has been filed against the
property.
Mr. Qureshi stated one of the requirements of the agreement was that Heart-
land would submit plans to the HRA for the upgrading of the center. They
have already repaired the roof of the restaurant. They will be nutting up
a new facade and signage on the front and a new pylon. Mr. Qureshi stated
the commissioners had in their agenda the plans for the new facade and the
upgrading of the total signage.
Mr. Qureshi stated the commissioners had also received a rendering copy
that showed how the center will look after the improvements are made. He
stated the City feels this will certainly be a good and sizeable improve-
ment to the center.
HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1985 PAGE 2
Mr. Qureshi stated one requirement in the agreement was that Heartland was
to acquire the old Phillips 66 station before March 1 . He understood they
have already purchased the station, and the next phase will be the HRA
acquiring the station and taking it down (item #2 of agenda).
Mr. Qureshi stated action needed by the HRA was approval of Resolution No.
HRA 4-1985, "Resolution Approving the Construction Plans for Improvements
to Holly Center as Submitted by the Heartland University Commercial Limited
Partnership".
Ms. Svendsen expressed some concern about the tenants of Holly Center
regarding the new signage. She had been informed that one tenant was not
very happy about the new signage. She wondered if the tenants had been
given any kind of information regarding what was happening with the Center
Would the new signage result in a cost to the tenants, and had the tenants
been informed of this?
Mr. Qureshi stated all the tenants were notified when the center was sold
to the new partnership. He would assume the new owners have talked to the
tenants. Realistically, if the owners are putting money into the center to
make it a more viable center, he would assume there would be some cost to
the tenants eventually. As far as improvements on the building and the
signage, the HRA was not involved at all . The only involvement by the HRA
and the City was in the landscaping and road access.
Mr. Rasmussen stated he would also sympathize with the tenants if they had
not received proper notice and if the HRA should be notifying tenants of
these kinds of things. After all , the HRA was spending a great deal of
money to help the center out.
Mr. Commers stated that maybe in the future when the HRA enters into
private contracts for development, the HRA should consider requiring the
developer to present evidence or require the develoner to make a presenta-
tion to the tenants. They could make that Hart of the development contract.
It was a non-technical type of requirement, but they seem to consistently
have this problem with tenants getting upset. The more the HRA can do to
alleviate this problem, the better off they will be.
Mr. Coroners stated the HRA would also like something in their files from
the city inspectors who give final approval that would indicate that all
the construction meets local codes.
MOTION by Mr. Prieditis, seconded by Ms. Svendsen, to approve Resolution
No. HRA 4-1985, "Resolution Approving the Construction Plans for Improve-
ments to Holly Center as Submitted by the Heartland University Commercial
Limited Partnership".
Mr. Qureshi stated he would provide the HRA with a copy of the building
permit so they know that the construction meets all state and local codes.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE
MOTION CARRIED UNANIMOUSLY.
HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1985 PAGE 3
2. CONSIDERATION OF RESOLUTION NO. HRA 1-1985 ORDERING DEMOLITION
AND REMOVAL OF STRUCTURES AND RECEIVING QUOTES FOR TEARING DOWN
we 111 f 11 . 11 c
Mr. Qureshi stated the City has gone ahead and received written quotes
for the demolition of the Phillips station. The three quotes were as
follows:
Renollet Trucking $ 4,560
Gammon Bros. , Inc. 10,000
Park Construction Co. 12,600
Mr. Qureshi stated if it was the HRA's desire to award the contract, he
would recommend they award the contract to Renollet Trucking for $4,560.
MOTION by Mr. Prieditis, seconded by Ms. Svendsen, to approve Resolution
No. HRA 1-1985, "Resolution ordering Demolition and Removal of Structures",
with the following rewording in #2: "That the Public Works Director,
John G. Flora, City Hall , Fridley, Mn. , is hereby authorized and directed
to draw plans and specifications for this work and to accept the bid from
Renollet Truckin g_ in the amount of $4,560 for the demolition and removal
of said structures. '
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION
CARRIED UNANIMOUSLY.
3. CONSIDERATION OF REFUNDING OF HRA BONDS:
Mr. Inman stated the HRA was being asked to do the following two things:
1 . To approve Resolution No. HRA 3-1985 which was the modified
Redevelopment Plan, which simply added increment districts
4 and 5 into the plan and made everything into one group.
2. To approve Resolution No. HRA 5-1985 asking the City Council
to approve and adopt the modified Redevelopment Plan.
Mr. Inman stated that on March 14, the HRA will be giving the final
authorization of the bonding and on March 18, the City Council will be
giving final approval .
Mr. Inman stated Ms. Arlin Waelti of O'Connor & Hannan was at the meeting
to answer any questions and explain the document.
Ms. Waelti stated that in working with the refunding, her responsibility
was very narrow. It was an area that required a lot of intense scrutiny
of documents. The only part they were covering at the meeting was making
sure that all the prior redevelopment plans and tax increment plans were in
order for purposes of the refund. This document was the master plan. The
reason they have a document that looked like this was that under state law,
they can walk through the statute and set un the system by which they can
take tax increment from one tax increment district and use it elsewhere in
HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1985 PAGE 4
the project, but in the statute there was nothing that was definitively
called a master plan.
Ms. Waelti stated that tax increment district #4 and #5 have been
established. The reason for the modified Redevelopment Plan was to tuck
what the HRA had validly done into a document so the master plan works
and allows those funds to flow from one tax increment district to
another. The reason she was very concerned about this document was because
tax increment financing was being very carefully scrutinized in the Legis-
lature. If she had to testify in the Legislature, she would be very
comfortable with this document.
Ms. Waelti reviewed the document with the HRA.
MOTION by Mr. Rasmussen, seconded by Ms. Svendsen, to approve Resolution
1157-ARA 3-1985, "A Resolution Modifying the Redevelopment Plan for Redevelop-
ment Project No. 1 Pursuant to the Provisions of Minnesota Statutes,
Sections 462.411 to 462.716, Inclusive, As Amended, and Modifying the Tax
Increment Financing Plans for Tax Increment Districts No. 1 Through 5, All
Located Within Redevelopment Project No. 1 , Pursuant to the Provisions of
Minnesota Statutes, Section 273.71 to 273.86, Inclusive, As Amended, for
the Purpose of Refunding General Obligation Tax Increment Bonds of the
Authority".
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE MOTION
CARRIED UNANIMOUSLY.
MOTION by Mr. Rasmussen, seconded by Ms. Svendsen, to approve Resolution
No. HRA 5-1985, "Resolution Requesting the City Council of the City of
Fridley to Approve and Adopt the Modified Redevelopment Plan for Redevelop-
ment Project No. 1 and the Modified Tax Increment Financing Plans for the
Tax Increment Financing Districts Within Redevelopment Project No. 1 to
Facilitate the Refunding of the General Obligation Tax Increment Bonds of
the Authority".
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE
MOTION CARRIED UNANIMOUSLY.
Mr. Coroners stated this was a job well done and he thanked Ms. Waelti
for coming to the meeting.
4. CONSIDERATION OF RESOLUTION NO. HRA 2-1985 DESIGNATING OFFICIAL DEPOSITORIES
FOR THE FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY:
Mr. Inman stated this resolution was started last year, and he felt they
should continue with it as it protects both the HRA and the Fridley State
Bank.
The HRA members expressed some concern about Fridley State Bank being
designated as the depository for funds for the HRA when there are other
banks located in Fridley. Mr. Commers stated he felt they should review
and approve the designation and depository on an annual basis.
HOUSING & REDEVELOPMENT AUTHORITY MEETING, FEBRUARY 14, 1985 PAGE 5
MOTION by Ms. Svendsen, seconded by Mr. Prieditis, to approve Resolution
No. HRA 2-1985, "Resolution Designating Official Depositories for the
Fridley Housing & Redevelopment Authority".
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE
MOTION CARRIED UNANIMOUSLY.
5. FINANCIAL STATEMENTS:
Mr. Inman stated the HRA had the following financial information:
1 . Jan. 1 , 1984 to Dec. 31 , 1984, Financial Statement (unaudited)
2. Billing for City Services in the Target Project Area through
Nov. 30, 1984
3. Billing for City Services in the Target Project Area through
Dec. 31 , 1984.
MOTION by Mr. Rasmussen, seconded by Mr. Prieditis, to approve the
billings for City Services in the Target Project Area through Nov. 30, 1984,
and Dec. 31 , 1984.
UPON A VOICE VOTE, ALL VOTING AYE, CHAIRPERSON COMMERS DECLARED THE
MOTION CARRIED UNANIMOUSLY.
6. OTHER BUSINESS:
a. HRA Director
Mr. Rasmussen stated he felt there was a definite conflict of interest
by having the City Manager as the HRA Director. He felt maybe the
HRA Director should be a full-time person working with the HRA but
also working with city staff to coordinate things. He just felt
a little uncomfortable with this type of situation.
Mr. Commers stated the HRA has addressed this issue a little in the
past, but it could certainly be discussed again.
Mr. Rasmussen suggested the HRA have an informal meeting so that he
could be brought up to date on what has been discussed in the past.
The commissioners agreed to have an informal meeting at a time con-
venient to all the members.
ADJOURNMENT:
MOTION by Mr. Rasmussen, seconded by Mr. Prieditis, to adjourn the meeting. Upon
a voice vote, all voting aye, Chairperson Coroners declared the Feb. 14, 1985,
Housing & Redevelopment Authority meeting adjourned at 8:55 p.m.
Respectfully su itted,
Lynn Saba, Recording Secretary
1
MEMO TO: Nasim Qureshi, City Manager
MEMO FROM: John Flora, Public Works Director
MEMO DATE: March 7, 1985
REGARDING: Traffic Improvement at Trunk Highway 65 and West Moore Lake
Drive/Central Avenue Intersection
With the establishment of the modified redevelopment plan for Redevelopment
Project No. 1 which includes the 100 Twin Drive-In property, it is expected
that the City initiate plans to improve the intersection of State Trunk
Highway 65 and West Moore Lake Drive/Central Avenue in order to inititate or
complement the development of this area.
The City Council retained Short, Elliot and Hendrickson (SEH) consultants to
study the area and propose possible solutions to the anticipated traffic
congestion. Public meetings were held and alternatives discussed. A
concensus was reached and approved by the City Council on February 25, 1985.
SEH has submitted a contract proposal to design the intersection improvement
for a maximum fee of $30,750: The final plans and specifications plus
agreements will have to be approved and signed by both the Anoka County
Highway Department and MnDot. This will take at least a year to accomplish.
Accordingly the earliest construction start would not be until the summer of
1986.
Since this improvement directly supports the redevelopment plans, it would be
appropriate for the Housing & Redevelopment Authority to pass a resolution in
support of this improvement, obtain any necessary right of way, and fund the
design portion of the work.
Attached is a resolution for the Housing & Redevelopment approval.
JCP/da
ATTACH: Resolution
3/5/19/29
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BRA RES4.UTION NO. 5- 1985
RESOLUTION AUTHORIZING THE DEVELOPMENT OF PLANS FOR THE
IMPROVEMENT AND CHANNELIZATION OF THE TRUNK HIGHWAY 65 AND
WEST MOORE LAKE DRIVE/CENTRAL AVENUE INTERSECTION
WHEREAS, the Housing & Redevelopment Authority and City Council recognizes
that there is a traffic congestion problem at this intersection; and
WHEREAS, the Housing & Redevelopment Authority is anticipating the development
of the 100-Twin Drive-In Property in the near future and along with that
development an increase in traffic in this area; and
WHEREAS, the Housing & Redevelopment Authority and the City Council recognizes
that there is a traffic flow problem on the east side of T.H. 65 in the
Polk/Lynde Drive area; and
WHEREAS, Short-Elliott-Hendrickson, Inc. performed the traffic study and
recommended several alternative solutions to the traffic problems on both
sides of T.H. 65 and a report of their study was presented to the City Council
on October 29, 1984; and
WHEREAS, it is necessary that the City purchase Lot 4, Block 1, Parkview Manor
Second Addition in order to implement roadway improvements east of T.H. 65 at
Central Avenue and Hathaway Lane; and
WHEREAS, needed street right-of-way or easements shall be required from Lot 5,
Block 5, Donnay's Lakeview Manor in order to accommodate planned street
improvements and revisions west of T.H. 65 south of West Moore Lake Drive; and
WHEREAS, a public hearing was held by the City Council on February 4, 1985
with interested citizens from this area and their comments and concerns were
heard; and
WHEREAS, the citizens and the City Council reached a general agreement as to
the best alternatives proposed by Short-Elliott-Hendrickson for street
improvements in this area; and
WHEREAS, the Housing & Redevelopment Authority concurs with these
alternatives; and
WHEREAS, the area where these alternatives are proposed is within the Housing
& Redevelopment Authority's redevelopment district.
NOW, THEREFORE, BE IT RESOLVED, by the Housing & Redevelopment Authority of
the City of Fridley that:
1C
1. The Housing & Redevelopment Authority approves the plans prepared by
Short-Elliott-Hendrickson for the improvements on the east and west side
of T.H. 65 at the intersection of West Moore Lake Drive/Central Avenue.
2. That the City Manager is hereby authorized to enter into a contract for
the Housing & Redevelopment Authority with Short-Elliot-Hendrickson for
the development of final plans and specifications for the intersection in
this area.
3. That the City staff is hereby authorized to obtain the necessary easements
and rights-of-way to construct this project and to use proper negotiation
or the power of eminent domain if necessary to obtain these easements and
rights- of-way.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF
FRIDLEY THIS DAY OF ,1985.
LAWRENCE COMMERS - CHAIRMAN
• ATTEST:
SIDNEY C. INMAN - CITY CLERK NASIM M. QURESHI - DIRECTOR
3/7/2/21
1D
AGREEMENT FOR ENGINEERING SERVICE
BETWEEN
CITY OF FRIDLEY, MINNESOTA
AND
SHORT-ELLIOTT-HENDRICKSON, INC.
An Agreement was made on the 11th Day of April in the year 1984
between the City of Fridley, hereinafter called the CITY and
SHORT-ELLIOTT-HENDRICKSON, INC. , 222 East Little Canada Road, St.
Paul, Minnesota, hereinafter called the ENGINEER. This Agreement
provided for specific engineering services and was completed in
the stipulated scheduled time.
The City now requires additional professional engineering
services for preparation of plans and specifications.
Now, therefore, the CITY and the ENGINEER for the consideration
hereinafter set forth agree as follows:
1 . The ENGINEER agrees to perform professional services as
stated the Proposal for Roadway Design for Central Avenue,
Hathaway Lane and adjacent streets for Fridley, Minnesota,
dated November 12 , 1984 except as modified herein.
2. The period of services noted as Section IV in the Agreement
shall be modified to reflect the project schedule as shown in
the contract except that the following changes shall be made:
a) The anticipated authorization date is April 1 , 1985 .
b) The time periods of ninety (90) days and seventy-five
(75) days do not include the time required for Mn/DOT
approvals.
c) The design schedule will permit construction of the
project in 1986.
lE
3. Payments to the ENGINEER, as noted in Section V of the
Agreement, and as project cost in the proposal are modified
to reflect a cost "Not to Exceed" of $30 ,750. This is based
on Alternate E-5 as stipulated in the proposal.
4. Additional work , such as increases in the scope of work
beyond that shown in Alternate E-5, work at the intersection
of Rice Creek Road and Central Avenue or work at the inter-
section of Lynde and Polk Street will be considered extra
work tor which a fee will be negotiated.
5. All other terms of the Agreement shall remain in effect.
APPROVED:
CITY OF FRIDLEY, MINNESOTA SHORT-ELLIOTT-HENDRICKSON, INC.
BY: BY:
Nasim Qureshi , Glen Van Wormer,
Fridley City Manager Chief Transportation Engineer
2
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2A
HRA RESOLUTION NO. 6- 1985
PROVIDING PRELIMINARY APPROVAL OF THE ISSUANCE OF TAX
INCREMENT REVENUE REFUNDING BONDS OF 1984 OF THE HOUSING
AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY ;
AUTHORIZING ACTIONS OF STAFF AND NEGOTIATION OF A BOND
PURCHASE AGREEMENT.
WHEREAS, the City of Fridley (the "City") has created pursuant to Minnesota
Statutes Sections 462.422 through 462.716 and 273.71 through 273.86 certain
redevelopment projects known as the Center City Redevelopment Project , Moore
Lake Redevelopment Project and North Area Project (the "Projects") ; and
WHEREAS, within the Projects are five tax increment districts created pursuant
to the foregoing statutory authority (the "Districts") ; and
WHEREAS, to finance or refinance public redevelopment costs for certain of the
Projects, the City has heretofore issued three series of its General
Obligation Tax Increment Redevelopment Bonds in the respective aggregate
principal amounts of $2, 075,000, $625,000 and $600.000 (the Outstanding
Bonds") ; and
WHEREAS, the Housing and Redevelopment Authority of the City of Fridley (the
"Authority") and the City are desirous of refunding the Outstanding Bonds in
advance of their maturity to relieve the Authority and the City of
restrictions on the application of tax increments arising due to the
Outstanding Bonds by issuance of the Authority's Tax Increment Revenue
Refunding Bonds of 1984 (the "Refunding Bonds"). which bonds shall be payable
solely from tax increments arising from the Districts.
NOW, THEREFORE, BE IT RESOLVED, by the Housing & Redevelopment Authority of
the City of Fridley:
1. That the issuance of the Refunding Bonds are hereby preliminarily
approved;
2. That the City be and hereby is requested to provide appropriate staff for
the purpose of providing financial information, including projected tax
increment revenues, existing funds balances and other financial data to
O'Conner & Hannan, as bond counsel for the Refunding Bonds and Miller &
Schroeder Municipals, Inc. , as underwriter for the Refunding Bonds;
3. That such staff be and hereby are authorized on behalf of the Authority to
negotiate with the underwriter the terms of a Bond Purchase Agreement for
the Bonds, subject to final approval by the Authority; and
2B
4. That such staff be and hereby are authorized on behalf of the Authority to
provide such other assistance and information as may be required by such
bond counsel and undeerwriter for purposes of the proposed refunding.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF
FRIDLEY THIS DAY OF ,1985.
LAWRENCE COMMERS - CHAIRMAN
ATTEST:
SIDNEY C. INMAN - CITY CLERK NASIM M. QURESHI - DIRECTOR
3/7/5/1
3
MEMO TO: Nasim Qureshi, City Manager
MEMO FROM: John Flora, Public Works Director
MEMO DATE: March 7, 1985
REGARDING: 5th Street Improvement
Based upon the development at the Fridley Community Plaza area to include the
Clinic, Office Building and Target , the City and the Housing and
Redevelopment Authority improved 5th Street between 63rd Avenue and
Mississippi Street in 1983.
In order to facilitate and provide for the development of the vacant and
underdeveloped property west of 5th Street to include the Moon Plaza, it is
prudent to extend the improvement of 5th Street between 61st and 63rd
Avenues.
The City Council approved the improvement of 5th Street between 61st and 63rd
Avenues at their February 25, 1985 meeting. These improvements would widen
the intersection at 63rd Avenue to include a median to complement the North
side of the intersection and widen the street to 40 feet for safer traffic
movement and parking. Total cost of this improvement is estimated at
$145,300.00, with $27,500 to be assessed to the adjoining property owners.
Since this street improvement will substantially benefit the redevelopment of
Tax Increment District No. 1 , it would be appropriate for the Housing &
Redevelopment Authority to support and fund this improvement.
Attached is a resolution for the Housing & Redevelopment Authority which
authorizes the improvements for this of the project.
JGF/dm
ATTACH: Resolution
3/5/19/29
3A
HRA RESOLUTION NO. 7 - 1985
RESOLUTION AUTHORIZING THE IMPROVEMENT AT 5TH STREET
BETWEEN 61ST AND 63RD AVENUE.
REAS, the Housing and Redevelopment Authority has identified Tax Increment
District No. 1 which includes 5th Street; and
WHEREAS, the area North at 63rd Avenue and 5th Street is being upgraded and
redeveloped; and
WHEREAS, 5th Street between 63rd Avenue and Mississippi Street was improved in
1983; and
WHEREAS, the vacant properties within the Increment District along 5th Street
have potential for future development in accordance with the redevelopment
plan; and
WHEREAS, the City Council supports the improvement of 5th Street between 61st
and 63rd Avenues.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority of
the City of Fridley that:
1 . The Housing and Redevelopment Authority approves the plans for improving
5th Street between 61st and 63rd Avenues.
2. That the City is authorized to include that improvement in their 1985
Street Improvement Project work.
3. That the Housing and Redevelopment Authority will fund the improvement
costs for this work less the property assessments.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
DAY OF , 1985.
LAWRENCE COMMERS - CHARIMAN
ATTEST:
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SIDNEY C. INMAN - CITY CLERK NASIM M. QURESHI - DIRECTOR
3/7/1/13
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G M H C o GEORGE M. HANSEN COMPANY, P.A.
A Professional Corporation of Certified Public Ac i owesan,.
February 20, 1985
Commissioners
Housing and Redevelopment Authority
of Fridley
6431 University Avenue N.E.
Fridley, Minnesota 55432
Dear Commissioners:
This letter will confirm our understanding of the arrangements covering
our examination of the financial statements of the Housing and Redevelopment
Authority of Fridley, Minnesota for the year ending December 31 . 1984.
We will examine the combined balance sheet as of December 31 . 1984, and the
related financial statements for the year then ended. Our examination will
be made in accordance with generally accepted auditing standards and will
include such tests of the accounting records and such other auditing procedures
as we consider necessary in the circumstances. The objective of our examin-
ation is to express an unqualified opinion on the financial statements,
although it is possible that facts or circumstances encountered may require
us to express a less than unqualified opinion.
Our procedures will include tests of documentary evidence supporting the
transactions recorded in the accounts, tests of the physical existence of
inventories and direct confirmation of receivables and certain other assets
and liabilities by correspondence with selected customers, creditors, legal
counsel and banks. At the conclusion of our examination, we will request
certain written representations from your staff about the financial statements
and matters related thereto.
The fair presentation of financial position and results of operations in
conformity with generally accepted accounting principles is management ' s
responsibility. Management is responsible for the development , implementation
and maintenance of an adequate system of internal accounting control and
for the accuracy of the financial statements. Although we may advise you
about appropriate accounting principles and their application, the selection
and method of application are responsibilities solely of management .
Our engagement is subject to the inherent risk that material errors,
irregularities or illegal acts, including fraud or defalcations, if they
exist, will not be detected. However, we will inform you of any such matters
that come to our attention.
Fees for our services are based on our regular per diem rates, plus out-of-
pocket expenses, all of which will be billed as our work progresses. Our
fee for this engagement will not exceed $1 ,200. Should any situation arise
that would increase this estimate, we will of course advise you.
175 SOUT1-I Pi£ZA BUILDING WAYZATA BOULEVARD AT HIGHWAY 100 MINNEAPOLIS.MINNESOTA 55416 612/546.2566
4A
Commissioners
Housing and Redevelopment Authority
of Fridley
February 20, 1985
Page 2
During the course of our engagement, we may observe opportunities for
economy in or improved controls over your operations. We will bring such
matters to the attention of the appropriate level of management , either
orally or in writing.
Please indicate your agreement to these arrangements by signing the attached
copy of this letter and returning it to us.
We appreciate your confidence in retaining us as your certified public
accountants and look forward to working with you and your staff.
Very truly yours,
GEORGE M. HANSEN COMPANY, P.A.
„,44,:),2451/V,—
Mu
el.—Gregory p y
JGM/Ise
Enclosures — 2
Approved by:
Housing and Redevelopment Authority of Date
Fridley
97 SA
/TE SUMMARY:
,g,nal Contract Amount
(/'/
$4,560.00
Contract Additions - Change Order No.
- Change Order No.
Contract )eductions- Change Order No.
- Change Order No.
Revised Contract Amount
$4,560.00
Value Completed To Date
$4,560.00
Amount Retained (0. 1)
$456.00
Amount Paid To Date
AMOUNT DUE THIS ESTIMATE
$4, 104.00
CERTIFICATE OF THE CONTRACTOR
I hereby certify that the work performed and the materials supplied to date under
terms of the contract for the referenced project, and all authorized changes thereto,
have an actual value under the contract of the amounts shown on this estimate (and
the final quantities of the final estimate are correct) , and that _this estimate is
just and correct and no part of the 'AMOUNT DUE THIS ESTIMATE' has been recieved.
By Date
Contractor 's Authorized Representative (Title)
•
CERTIFICATE OF THE ENGINEER
I hereby certify that I have prepared or examined this estimate, and that the
contractor is entitled to payment of this estimate under the contract for referenced
project.
CITY OF FRIDLEY
, INSP CTOR
By '+i
Date -�-B-�S
Checked: /�
By _ 'f./ Respectful Submitted, .
By
ohn 6. Flora, P.E.
Director of Public Works
t
5
CITY OF FRIDLEY
ENGINEERING DEPARTMENT
6431 UNIVERSITY AVENUE N.E.
FRIDLEY, MINNESOTA 55432
T0: Housisi and Redevelopsent Authority RE: Est. No. 1 (Partial )
City of Fridley FOR: Renollett Trucking
6431 diversity Avenue N.E. 927 Andover Blvd.
Fridley, Minnesota 55432 Anoka, Mn. 55304
DATE: March 8, 1985
DEMOLITION OF STRUCTURE - MISSISSIPPI STREET AND UNIVERSITY AVE
CONTRACT ESTIMATED UNIT UNIT QUANTITY QUANTITY AMOUNT
ITEM QUANTITY PRICE THIS EST. TO DATE TO DATE
Demolition of Structure 1 $4,560.00 L.S. 0.90 0.90 $4, 104.00
S