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HRA 01/12/1984 HOUSING & REDEVELOPMENT AUTHORITY MEETING THURSDAY, JANUARY 12, 1934 7:30 P. M, City of Fridley HOUSING &REDEVELOPMENT AUTHORITY MEETING THURSDAY, JANUARY 12, 1984 7:30 P.M. Location: Council Chambers ( upper level ) CALL TO ORDER: ROLL CALL: APPROVAL OF MINUTES: Housing & Redevelopment Authority Minutes: November 20, 1983 ADOPTION OF AGENDA: CONSIDERATION OF AMENDMENT BY ENLARGEMENT OF REDEVELOPMENT PROJECT #1 1 - 1C CONSIDERATION OF TAX INCREMENT #5 WITHIN DEVELOPMENT PROJECT NO. 1 2 - 2A PUBLIC HEARING ON SALE OF PROPERTY AT 7820 UNIVERSITY AVENUE N E 3 - 3A CONSIDERATION OF CONTRACT FOR PRIVATE DEVELOPMENT BETWEEN THE HRA AND PACO INC 4 - 4E DISCUSSION ON HARDWARE BUILDING 5 CONSIDERATION OF AUTHORIZATION FOR STAFF TO ENTER INTO EXCLUSIVE LISTING AGREEMENT SUBMITTED BY GEORGE E. MESSLER (Lifestyle and Madsen Buildings) 6 - 6C CONSIDERATION OF APPROVAL OF PAYMENT OF THE SETTLEMENT TO DR. RYAN'S AUTHOMOTIVE CLINIC AS PER COMMISSION FINDINGS 7 - 7D CONSIDERATION OF APPROVAL OF 1984 MEETING SCHEDULE 8 - 8A DISCUSSION OF CHECK REGISTER 9 DISCUSSSION ON NOVEMBER 6, 1983 FINANCIAL REPORT ADJOURMENT: 1 THE CITY OF `::5....Z. `r :=:i::• !! S .:.... i i ...__.! 7-- HOUSING pelf andMAODer I \r• ..:i. • MEMORANDUM �:r"' .' REDEVELOPMENT „� _: :: f:�,, .:._JO : :::. AUTHORITY ...: E....« i'""' FR I D L EY ..... p....•.....t:.. .....� FROM EXECUTIVE DIRECTOR MEMO NO. 83-88 DATE December 2, 1983 TO ACTION INFO. SUBJECT Suggested Amendments to Redevelopment Housing & Redevelopment Authority X Project Area Please see attached memo from Nasim Qureshi , City Manager, considering the City Councilsuggestion to expand the Redevelopment Project Area #1 as outlined on the included map. All of these properties are presently vacant properties and only one is not located in Shool District 16. By amending the district, the HRA is not capturing any increment, but merely allowing itself the flexibility to assist in development. Any additional tax increment districts would require additional public hearings. In any case we have had a request for assistance on Lot 1, Block 2, East Ranch Estates Second Addition from Mr. Bob Schroer (property owner) and Mr. Jerry, Pasche (Developer). We have reached a tentative agreement for your consideration in item #2 of the agenda and if acceptable would have to amend the Redevelopment Project Area #1. I am including in your folder the necessary documents that are needed for your action if this amendment is something you want to consider. JLB/kh MEMORANDUM 1A 1 CITY OF FRIDLEY OFFICE OF THE CITY MANAGER �� 6431 UNIVERSITY AVE. NE. NASIM M. QURESHI FRIDLEY. MN. 55432 [613 571- .7 345 December 2, 1983 MEMO TO: JERROLD BOARDMAN, EXECUTIVE DIRECTOR, FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY FROM: CITY MANAGER SUBJECT: POSSIBLE INCLUSION OF LOT 1, BLOCK 2, EAST RANCE ESTATES SECOND ADDITION AND OTHER EMPTY COMMERCIAL AND INDUSTRIAL PROPERTIES NORTH OF RICE CREEK IN THE DEVELOPMENT DISTRICT Mr. Bob Schroer, owner of Lot 1, Block 2, East Ranch Estates , which is in the southwest corner of University and 79th Avenue, approached the Councilman of the Ward, Ed Hamernik, to seek some assistance in develop- ment of the property. Councilman Hamernik, because of some serious soil problems with this property making it difficult to develop, suggested that some assistance be given by the Housing and Redevelopment Authority to this property. There was consensus on this issue by the City Council . There was also discussion that the vacant commercial/industrial property north of Rice Creek be included in the development district. Please pass these suggestions on to the Housing and Redevelopment Authority for their consideration. Thank you for your assistance. NMQ/ms CC: City Council Se:ht.„ P•07:.Y/6 wag X .. — -� -- 1-3 — COON RAPIDS Jr .•• PROPOSED EXPANSION ---;00:-..------r` ......_,__-T.\ REDEV. PROJECT #1 .. _ :NN :i 1 -`.�,., SPRING OWE PARR �i 4 s. ~ AA�i~ .p�jf T� l1 �F c 35 \ - �`.. w •s .1 ,Try .. I oa....,i CJI J��. 6-41_.0_ e= ' J-'_. 1 . ~ N ti w t 1L sw^J- r � ��i i`7::,'Z' rr C ' ' 'L3. \fW t ''',CIA!" I� 11111T tw�w..l ..Hy 4 1� • c if' '.` s,,I E r t- • - a _._ -ir' ___,.i� •. _ II_IL �= . p ' ••-,/,-.,----,�. UI`\ s •.. •ifs ?'' • - '_ r q._.-•• ,- L„........._,,,,_., 4 �� - a tet'" _: ir ..,,,r, ,:lr-v--late±14,9„---*i jEli I --""-', tom• , : , _____Jie �,f.. Z. (! :'' �s {l��JI' — �� [iµ �- .....aw JI i J`SJr.�'—i' �'.=r�iL. lJ SLI "PIZ ,e," ...../...,21. �. Si 6 ( .alt, , Ewan..LL it -...si-lw- •!-J-ii L.,12 -'.!'-'-j'--11*,---"--- 1:'----- ----#- — 1,11t--/-7:7 1.16"L'•-•:71"FHL 1 c ,yu 1�� ....,. /(!,,.:7,,. w� .n ' :+ { -i : E 11 —11 e,� ice 1� 1 'a im..-... 1 a, _. . .�o F •,� r � ^ jam" \ u Q1 -ti L!� 0 'W L t,� " i r IL• 1r tV's:41is Z _ - 'tt ! anus N. arT'!: ICY-�" .l:.w... s..,.m r -_ le:'..--- .j 1f-l1ni -- t f.:is• 1 ,~mss ,z.I .=1".1 r 1 tit i/HJT moi ./ • 13it M..t✓ l(��1 „.„-- ''�`i�R`. ii.:•,=,-,,,,„ nenno nr z.7= °" ice COLUMBIA i 4 HEIGHTS - \� inrip.f � STREET MAP-CITY OF _,:! \_ . 6- _:\- ? 4 FRIDLEY 1.2 I . — V ., _= �.i 0 um.3,333IIIIIIM 6,666 r- s —. = i! -� __a I. •....,, I , I • _ • ANOKA CO —'4_ ' , $&Ami .IN CO. - wEAPOuS ` 1-C RESOLUTION NO. HRA 18-1983 ATUMAJTBON AMENDING G REDEVELOPIMMENT PROJECT NO. 1 AND MODIFYING BY ENLARGEMENT REDEVELOPMENT PROJECT NO. 1 AND THE REDEVELOPMEM PLAN RELATING THERETO PURSUANT TO THE PROVISIONS OF ILINNEEM STMUS. SECTIONS 462.411 '10 462.716, mmoul IVE. BE IT RESOLVED by the Commissioners (the "Coevnissioners") of the Housing and Redevelopment Authority (the "Authority") in and for the City of Fridley, Minnesota (the "City") , as follows: 1. It has been proposed that the Authority amend Redevelopment Project No. 1 (the "Redevelopment Project") and modify by enlargement Redevelopment Project No. 1 and the Redevelopment Plan (the "Redevelopment Plan") relating thereto pursuant to and in accordance with liinnesota Statutes, Sections 462.411 to 462.716, inclusive. 2. This Authority has caused to be prepared and has investigated the facts with respect thereto, a proposed modification by enlargement of the Redevelopment Plan for the Redevelopment Project, defining more precisely the property to be added to the Redevelopment Project. 3. The Authority hereby determines that it is necessary and in the best interest of the City at this time to amend by enlargement Redevelopment Project No. 1 and the Redevelopment Plan relating thereto and is hereby approved subject to Planning Commission review and City Council approval as herein after provided. 4. The Authority hereby requests the City Council to call a public hearing to consider the establishment of the District and the approval and adoption of the Plan, to cause notice of said public hearing to be given as required by law, and to take such other actions as may be required by Minnesota Statutes, Section 462.521. The Authority further requests that the City Council direct the Planning Commission of the City to consider and comment on whether the District and Plan are in accordance with the Comprehensive Plan of the City, prior to the public hearing to be called by the City Council. The Executive Director of the Authority is hereby directed to submit a copy of the District and Plan to the City Council for its approval. 5. If and when approved by the City Council, the Authority shall cause the District and Plan to be filed with the Minnesota Energy and Economic Development Authority and placed on file in the office of the Clerk-Treasurer for the City of Fridley. PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS DAY OF , 1983. CHAIRMAN HOUSING AND REDEVELOPMENT AUTHORITY ATTEST; EXECUTIVE DIRECTOR 3/0/24/15 • 2 HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY COUNTY OF ANORA STATE OF MINNESOTA RESOLUTION NO. I1RA-19-83 A RESOLUTION ESTABLISHING TAX INCREMENT DISTRICT NP. 5 WITHIN REDEVELOPMENT PROJECT NO. 1 AND APPROVING AND ADOPTING A PROPOSED TAX INCREMEMT FINANCING PLAN THEREFOR. IT IS HEREBY RESOLVED by the Board of Commissioners of the Housing M nnes to Redevelopment (the 'Authority )�, as follows:in and for the City of Fridley, 1. It has been proposed that :Di tr ict')Authority thin establits ish Tax Increment District No. 5 Redevelopment Project No. 1 and adopt a proposed Tax Incre- ment Financing Plan (the 'Plan`) relating thereto pursuant to Minnesota proposedeDistrict Sections and Planare3.71 o 273.78,attached toclu- and sive. The made part of this resolution. Z. The erformedAuthority rior tozformed all actions the esta 1 shment of required the law to be p P Dis- trict and the adoption of the Plan. 3. The Authority hereby determines that it is neces- sary and in the best interest of the City at this time to establish theDistrictandapprove a P Vethe p blit hearingrelating 1an and to uest that the City y Council thereto. 4. Subject to the approval of the District by the City Council, the DieLticincludedis ein y esttheablished Distz ctyshall bethe hthe ity. The prop y property described in the Plan. 5. The Plan is hereby approved and adopted by theroyal, as hereinafter Authority, subject to City Council app provided. 6. The Authority hereby requests the City Council to call a public hearing to consider the establishment of the District and the approval and adoption of the Plan, to cause notice of said public hearing to be given as required by law, and to take such other actions as may be required by Minnesota Statutes, Section 273.74,The Executiveion Director of the Authority is hereby, directed to submit a copy of the its approval. District and Plan to the City Council for 2-A 7. If and when approved by the City Council, the Authority shall cause the District and Plan to be filed with the Minnesota Energy and Economic Development Authority. 9. Upon approval of the District and Plan by the City, the Authority shall the originaluest he assessea valuelsor of a1lof Ateal County to certifyre- property within the District a�h ch the assessedPlan, and each yvalueehas after to certify the amount by increased or decreased whichaany suid ch increase orinal assessed vdecrease ' certify the proportionin bears to the total assessed value tofor semit toathezl►uthoiity the District for that year, each year all taxes paid edyear all pu scant to Minnesota in the District on the captured assess Statutes, Section 273.76. PpSSID A`D ADOPTED BY THE HWSD pa) REDEVELOPKVT NJDIDRITY OF THE CITY OF "IDLE? 71-115 — DAY OF 1983. ChAMuta H0.'SITL A;9 RIDLVELO T?T AUINDRITY ATI ': FX,T`OJTIVE DIREt'IOR 3 THE CITY OF �• L-J HOUSING = , .._ • . r . and • v REDEVELOPMENT . MEMORANDUM \ l' . AUTHORITY • . E Hit\ i FRIDLEY FROM EXECUTIVE DIRECTOR MEMO NO. 84-03 DATE January 5, 1984 TO ACTION INFO. SUBJECT Housing & Redevelopment Authority X Public Hearing requirement for Disposal of property at 7820 University Avenue N.E. (Lot 1, Block 2, East Ranch Estates ' Second Addition) Because state law requires a public hearing on the disposal of HRA property and the contract documonts between Jerry Paschke and the HRA call for such a sale, we have called for a public hearing at the January 12, 1984 meeting. In this way, it can be considered with the "Contract for Private Development" with Jerry Paschke on the above noted property. JLB/kh 3A PUBLIC HEARING BEFORE THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY Notice is hereby given that there will be a Public Hearing of the Fridley Housing and Redevelopment Authority in the City Hall at 6431 University Avenue Northeast on Thursday, January 12, 1984, in the Council Cahmber at 7:30 P.M. for the purpose of: Consideration of the proposed sale or other disposition by the Housing and Redevelopment Authority of approximately 1 .5 acres of real property located at the southwest corner of 79th Avenue and University Avenue N.E., Fridley, Minnesota, the same being Lot 1 , Block 2, East Ranch Estates Second Addition. The subject property is proposed to be located within the Housing & Redevelopment Authority's Redevelopment Project No. 1 , and the proposed disposition thereof is being considered in connection with an economic development project for the property. All persons appearing at the public hearing will be given an opportunity to present their oral or written comments on the proposal . LARRY COMMERS CHAIRMAN FRIDLEY HOUSING & REDEVELOPMENT AUTHORITY Publish: December 28, 1983 4 THE CITY OF h...►.....c►........►....►_ ..: ....... =Mtttt l!:•:►::... .. I ::::::: C ' ':ci..•---Picm:lei=iia : •:: .. Aitglr • and .....a. .• ,. .. l'7 REDEVELOPMENT ::••••••• MEMORANDUM• • • 0011b if::: AUTHORITY ell ii..::::. :: : ..i s:'se's! ;..... • F R I D L EY mi............:: •'s ` n► •••••••• 4. FROM EXECUTIVE DIRECTOR MEMO NO. 83-89 DATE December 2, 1983 TO - ACTION INFO. SUBJECT Housing & Redevelopment Authority Contract for Private Development and Tax Increment Plan #5 We have met with Bob Schroer and Mr. Jerry Paschke about development on the property located at the southwest corner of 79th Avenue and University Avenue N.E. We have reached a tentative agreement on assistance based on inclusion into the Redevelopment Project Area, and the adoption of Tax Increment Financing District #5. I have included in your folder, the "Contract for Private Development" which lays out the terms and conditions of that assistance. Please note that the assistance for the development has been negotiated at $30,000 which is less than 50% of the cost of soil correction on the property. It is our intent that this assistance would be given as a reduction on the reconveyance of the property and would be concluded only with the issuance of the Certificate of Completion within 12 months. JLB/de • ..., 4A • Coa• lunos •1 1 •••••w --t. ---.....,••••-..7--..„.........V 4E4 ,/, ....1! PeoJECT ..1. •!••/lu-- _a... raiaIA.1.-_--/ i I g. :f $1011116 lilt /Mt y I f Y-•-- L `Fi +fes• •• •j •.4 e[_• -��•� . •k �1 •L _1..-, " r, • ` .,_-.1.7.,yj -... --1, 1 -^s"a ...n ice'. l.i.- � w Y ' 111411 ;•• • I.rr• •.. �> 1. . ��� Wil• , _� _ 3 ..r • - is rI.".-a _�.10....-J�. - �'c_.—s. ! I ' s.!_I ,"y_t.-*.I' C.J1 'ate! ?-=� -1.-,� l•�li' ? � •^ sem'= : ' _ •• .•.-z- ••'1•.1 �'-_'^ F ..r- .•.3.1-. ✓4 AH • •y. _= 1.i i[r 1t E _ - J ......!...r.__. .0.• i re/,C• •-u- s I I V�+1 ,ri Ji�.�.— .icy _ ~ --3 lig - ,I - 1 i • g 1....MI i --------11, i I „.4.1.1„.74-r...L_'.... •. .-----:',,,•••±•±••2-. ....i.l...• iit% = Ck k9:- ^O ', `tea •t I .. •� [ -1�i •=•`•!_' ::::-..:•,•:- .-_.c : P •� f`, '..1.1,00:' = l �Ii Z J3 i ' � = L•.,�„� _.-.7.1•0• :::: �M•Ti ''t.Ir I`4 S 2.-1. •.14 •Mr•..• = IP► © '._ taints,. 1 c. 1ow's 4`11 !fL.ir .— 1 «ru— — %VIIL ' "1"--1,4-.L.,-.4: = STREET MAP-CITY OF = - - 1 = s FRIDLEY Tit I. I. 1 .: I. eliii.d i nw f 4 �j' �-&sr 1 0 3,333 6;645 ,...if __ 01* S*wn.a 0,11 uSIM �. • •Z7 1 oriamouS N 46 f • • • A. . . /., s • 1 ` 1 , L_ , 1 .. • /t • III 1)1 I t ill pF.000sc7 *J LOWCC • I" )yi i4 Or t'Ad9 ii WI 1..r --T- ---- I SI- ' S • I•M.:✓P T 6 i 41 1 I # /' •-•:. G e� it _ / / � i 40,0 .... , • pU,, •-.../ / le I � ' °�of �i� 4.1 r /r1-1- • t ... . -• 4C , • ,t Sego 80 40 :� 10 Ib ID 80 0 /. .T. G �' _� ! • apeci c ` : 11 t t ♦ . • ted. el - -- -- :w� , it O h 1MC ! /sir r i , + X • Z + • of A 'e`41 a''°.. ' • 4 • ! o i ' ,may E .._.__,___j iv. gr _ 4` /1 i r I s - ' s � iti w % RO; •iv _ ' Cr Z 6,1 h 1 1 Z 1D I I ��� 1 t ie i` Al♦ •.4•'s% 'tea, • --1.y, ) 4, Xs-ar - Ilk• Um . . t , � ,.. '' •• ! .�•- �-,, • . +►��72to i j 1 .vs r� 79e3r `• 78BO t"'n ii e rli' 78QS -: / ! i lit ♦ 7 8 75 t s'AIae r I • kji\lbS;,4Sz. —Arm_ ...a,iriffet- - i --a 517,4.- - t t i \.i. X 't il • r .?Ig?rQ Z . \ 3 • CO ,! 2 l fr "1R ir 4 k , . z A - 7 7855 ! 0 s 7810 r > - - _ - ;,fAST II 1)'m j�:� i �S Cp -E _ _ ' 4 ''�' 7J,,3• ,.r....+ • 4D RESOLUTION NO. HRP 20-1983 A R UPICN APPRXDU AND ADTHCRIZDU THE EXDOUTION OF A OaNfl ACT FOR PRIVATE DEVELOWENT WPM PAOD DC. IT IS HEREBY RESOLVED by the Board of Commissioners (the "Board") of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority") , as follows: 1. Recitals. A. The Authority has all the powers of a housing and redevelopment authority under the Municipal Housing and Redevelopment Act, Minnesota Statutes, Sections 462.411 to 461.716, inclusive, as amended (the "Act") . B. In furtherance of the objectives of the Act, the Authority has undertaken a program to acquire, or otherwise promote development of, open or undeveloped land and in this connection is engaged in carrying out the redevelopment project known as the Authority' s Redevelopment Project No. 1 (the "Redevelopment Project") in an area (the "Project Area") located in the City. C. There has been prepared and approved by the Authority and the City Council of the City, pursuant to the Act, a Modified Redevelopment Plan for the Redevelopment Project (the "Redevelopment Plan"). D. The acquisition and the subsequent sale or lease of the potential development property to private developers for commercial development are stated objectives of the Redevelopment Plan. E. In order to achieve the objectives of the Redevelopment Plan and particularly to make the land in the Project Area available for development by private enterprise in conformance with the Redevelopment Plan, the Authority has determined to provide substantial aid and assistance in connection with the Redevelopment Plan through the financing of certain of the public costs of development in the Project Area. F. Paco Inc. a Minnesota corporation, , has presented the Authority with a proposal for the construction within the Project Area of a commercial facility, and a certain Contract for Private Development between the Authority and Paco, Inc. (the "Development Contract") , stating the terms and conditions of such development and the Authority's responsibilities respecting the assistance thereof, has been presented to the Board for its consideration. • . AE Page 2—Resolution No. HRA 20-1983 G. The Development Contract provides for the purchase and reconveyance by the Authority of the property on which the Paco, Inc. project is proposed to be constructed, and in compliance with Minnesota Statutes, Section 462.525, Subdivision 2, following published notice thereof, 2. The Board hereby approves the Contract for Private Development substantially in the form attached hereto as Exhibit A, and hereby authorizes the Chairman and Executive Director to execute the same on behalf of the Authority, with such additions and modifications as those officers may deem necessary. 3. Upon execution and delivery of the Contract for Private Development, the officers and employees of the Authority are hereby authorized and directed to take or cause to be taken such actions as may be necessary on behalf of the Authority to implement such Agreement. PASSED Atm ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS DAY OF , 1983. CHAIRMAN HOUSING AND REDEVELOPMENT AUTHORITY ATTEST; EXECUTIVE DIRECTOR 5 THE CITY OF N M:...tiN C ' _.:::::.•":::.i:e==i. ..':" _ t� ^�- HOUSING �:::':: 1::::..; .. ... and ..... •,. ...... rig ""_"'r MEMORANDUM �•.m.REDEVELOPMENT � ::.... A. ,:sive:: • er,... : AUTHORITY :_ ....: E ! II DM ,� :........ ...I FRIDLEY FROM EXECUTIVE DIRECTOR MEMO NO. 83-90 DATE December 2, 1983 TO ACTION INFO. SUBJECT Housing & Redevelopment Authoriy X Hardware Building Mr. John Gargaic contacted me following their November 22, 1983 Lion's Club meeting and indicated that the membership has discussed the hardware lease possibility and the submission of a proposal to the HRA; and had voted not to pursue any use of that building for their facility. In the meantime, the City Liquor Manager has expressed an interest to use the building for a warehouse liquor facility. Sid Inman will be at the meeting to discuss this proposal with the HRA. JLB/de 6 THE CITY OF 1..N\N\.NN\.\\s•=NNN• F.N N.NN • :::\ \.N\•�•••1!!„!,0. \ •MN\_N•\\\::I��.. HOUSING :.� ��.NN. C •.N� .N.. �:N: and YC ( 411 REDEVELOPMENT ..N..N8 MEMORANDUM `MMIUMW `` AUTHORITY �.• �f .,. :: • :..F..::�\.:�.���, ...� FRIDLEY '� • FROM EXECUTIVE DIRECTOR MEMO NO. 89-91 DATE December 2, 1983 TO ACTION INFO. SUBJECT Housing & Redevelopment Authority X Listing Agreement for Lifestyle Music and Madsen Offices Please see attached listing agreements submitted to us by Mr. Gerald E. Messier. Mr. Messier was one of three realtors that I contacted to do the leasing for the HRA. The other two were not interested in listing the properties. I will be reviewing these agreements with Dave Newman and will had additional information for the December 8, 1983 meeting. JLB/de 6A `.';' [13 SINCE 1885 MLS 1iore HOME OFFICE: 8085 WAYZATA BLVD., MINNEAPOLIS, BROS. INC. REALTORS MINNESOTA 55426 • (612) 545-1111 REAL ESTATE: RESIDENTIAL • COMMERCIAL INDUSTRIAL PROPERTY MANAGEMENT • GENERAL INSURANCE November 30, 1983 • Mr. Jerrold Boardman Fridley City Planner 6431 University Avenue N.E. Fridley, Minnesota 55432 Dear Jerry: I am writing to review our conversation concerning the two vacant properties owned by the city. It is difficult to locate tenants that are willing to locate in a building for only one year. Their only incentive would be an extremely attractive rate. I have enclosed two contracts that have a fixed dollar fee. These amounts will be paid only if we successfully lease the buildings. Because I am the leasing agent for the building at 6440 University N.E., I will have the greatest opportunity of anyone to locate tenants for your properties. You will receive the full services of the sixteen person commercial division of Thorpe Bros. , Inc. I will advertise the properties and immediately place them on the Commercial/Industrial Multiple Listing Service which includes all major brokers in the metropolitan area. If another broker leases the property, I will share the commission with them. We should plan on a three to six month period to lease the build- ings. The lower the rate, the faster we can lease them. We look forward to serving you. Sincerely, erald E. Messler Commercial-Industrial Division GEM:glt Enclosures (2) 10 OFFICES TO SERVE YOUR NEEDS! Member of Local & National: Real Estate Boards,Building Owners&Managers,Institute of Real Estate Management. - 66 I 1111. COMMERCIAL — INDUSTRIAL �M t.aAeia EXCLUSIVE LISTING AGREEMENT C �, REALTOR. - FORM APPROVED ST GREATER MINNEAPOLIS AREA$OARD OF REALTORS* s February, 1983 Date: November 30. 1983 IN CONSIDERATION OF the Agreement of Thorpe Bros— Inc, (hereinafter referred fro as BROKER) to undertake to lease the premises hereinafter described, City of Fridley (hereinafter referred to as LESSOR) grants to BROKER for the period from the date hereof through and including June 1, 110.1_,, the exclusive right to lease or contract to lease the property known as 370 Mississippi, Fridley, Minnesota (hereinafter referred to as the Property) for the sum of $8,940,00 Oneyear leas tenant to all utilities. p� year upon the following terms �. 3�' or on such other terms and conditions as may be consented to by LESSOR. It is agreed that LESSOR shall promptly furnish BROKER with complete information concerning any person who during the period of this Agreement make inquiry to LESSOR regarding the leasing of the Property. NOTICE:THE COMMISSION RATE FOR THE SALE,LEASE,RENTAL OR MANAGEMENT OF REAL PROPERTY SHALL BE DETERMINED BETWEEN EACH INDIVIDUAL BROKER AND ITS CLIENT. It is farther agreed that LESSOR shall pay BROKER • brokerage fee of 3,000.00 which fee shall be due and payable in full upon the occurrence of any of the following conditions: 1. The lease or contract for lease of the Property during the period of this Agreement by BROKER or any other person induding but not limited to LESSOR. or any other agent or broker not a party to this Agreement, in accordance with the price, or terms as art forth herein, or otherwise consented to by LESSOR: or 3. The above-described Property is leased within 180 days after the expiration date of this Listing Agreement to any prospect with whom BROKER has negotiated or to whom BROKER hes exhibited said Property during the period of this Agreement and whose name wax disclosed to LESSOR in writing by BROKER not later than seventy-two (7t) hours after the expiration of the Agreement. 3. The lease or contract for lease of the Property within 180 days after the expiration of this Agreement to any person who during the period of this Agreement has made inquiry to LESSOR regarding the lease of the Property. If a lease entered into by LESSOR and a LESSEE procured by BROKER grants to the LESSEE an option to purchase the LESSORS interest in the Property, and said option is exercised at any time by the LESSEE, LESSOR agrees to pay BROKER, at the time of dosing of the purchase, an additional fee equal to 7% percent of the purchase price less the unearned portion of the fie paid under the terms of this Agreement. If a lease entered into by LESSOR and a LESSEE procured by BROKER grants to the LESSEE an option or successive options to renew or extend the term thereof, upon the exercise of said option and each successive option the LESSOR agrees to pay BROKER a fee equal to --- percent of the rent reserved foe each period of extension or renewal which fee shall be due and payable in full at the time of such exercise. LESSOR certifies that as of the date of execution of this Agreement, no notices of building, health or fire code violations, nor notice of condemnation no :atipertaining to the above-described Property have bees received from any municipality or other governmental agency, except as in None LESSOR further agrees to promptly notify BROKER of any notices pertaining to the above-described Property which are hereafter received during the term of this Agreement It is further agreed that LESSOR shall permit BROKER to erect a "For LEASE" ago on the property and to remove all other Por LEASE" signs from the Property during the period of this Agreement Thorpe Bros. . Inc. LESSOR BROKER S - ALES • LATE Gera . . Mess er 8085 Wayzata Blvd., Mp1s_, MN Address Address Tekpisome Teiepboee (612) 545-1111 Revised 2.83 CIMLS 5112 COMMERCIAL — INDUSTRIAL • 6t,»uas I likt EXCLUSIVE LISTING AGREEMENT '' L REALTOR• "ORM APPROVED IV GREATER MINNEAPOLIS AREA WARD OF REALTORS* February, 1963 Date: November 30. 1983 IN CONSIDERATION OF the Agreement of Thorpe Bros., Inc. (hereinafter referred is as BROKER) to undertake to lease the premises hereinafter described, City of Fridley (hereinafter referred to as LESSOR) grants to BROKER for the period from the date hereof through and including June 1. Io 84 , the exclusive right to lease or contract to lease the property known as • 6441 University Avenue N.E•_ Fridley. Minnesota (hereinafter referred to as the Property) for the sum of $4,275.00 _ pot- year' year upon theiofowing terms One year lease- tenant to pay all utilities. or on such other terms and conditions as may be consented to by LESSOR. It is agreed that LESSOR shall promptly furnish BROKER with complete information concerning say person who during the period of this Agreement makes inquiry to LESSOR regarding the leasing of the Property. NOTICE:THE COMMISSION RATE FOR THE SALE,LEASE,RENTAL OR MANAGEMENT OF REAL PROPERTY SHALL BE DETERMINED BETWEEN EACH INDIVIDUAL BROKER AND ITS CLIENT. It is further agreed that LESSOR shall pay BROKER a brokerage is. of S2 (In nn which fee shall be doe and payable in full upon Ilse occurrence of any of the following 000ditioru: 1. The lease or contract for lease of the Property during the period of this Agreement by BROKER or any other person including but not limited to LESSOR, or any other agent or broker not a party to this Agreement, in accordance with the price, or term' as sot forth herein, or otherwise consented to by LESSOR; or I. The above-described Property is leased within 180 days after the expiration date of this Listing Agreement to any proved with whom BROKER has nepotiateed or to whom BROKER has exhibited said Property during the period of this Agreement and whose name was disclosed to LESSOR in writing by BROKER not later than seventy-two (75) hours after the expiration of the Agreement. I. The lease or contract for lease of the Property within __1.8O days after the expiration of this Agreement to any person who during the period of this Agreement has made inquiry to LESSOR regarding the lease of the Property. If a lease entered into by LESSOR and a LESSEE procured by BROKER grants to the LESSEE an option to purchase the LESSORS interest in the Property, and said option is exercised at any time by the LESSEE, LESSOR agrees to pay BROKER, at the time of dosing of the purchase, an additional fee egos] to 7% percent of the purchase price less the unearned portion of the tae paid ander the terms of this Agreement- If greementIf a lease entered into by LESSOR and a 1-F- EE procured by BROKER grants to the LESSEE an option or successive options to renew or extend the term thereof. upon the exercise of said option and each successive option the LESSOR agrees to pay BROKER • fee equal to --- percent of the rent reserved for each period of extension or renewal which fee shall be due and payable in full at the time of such exercise. LESSOR certifies that as of the date of execution of this Agreement no notices of building, health or fire code violations, nor rsotiea of condemnation pertaining to the above-described Property have been received from any municipality or other governmental agency, except as herein noted: None LESSOR further agrees to promptly notify BROKER of any notices pertaining to the above-described Property which are Umber received during the term of this Agreement It is further agreed that LESSOR shall permit BROKER to erect a `For LEASE" ign on the property and to remove all oars tae LEASE" sips from the Property during the period of this Agreement Thorp- _Erns_ Inc LESSOR BBO:i : • By / SALES . s UTE eral. E. Mess er— 8085 Wayzata Blvd., Mpls., MN 55426 Address Address Teteps'se Tarp,. (612) 545-1111 Revised 2.65 CIMLS x112 7 THE CITY OF --7:73 HOUSING .i . C _...€ ® and '� "" REDEVELOPMENTMEMORANDUM .. . AUTHORITY "' FRIDLEY •••••• FROM EXECUTIVE DIRECTOR MEMO NO. 84-02 DATE January 5, 1984 TO ACTION INFO. SUBJECT Housing & Redevelopment Authority X Final payment to Thomas & Mary Jo Ryan for property acquisition as per Com- missioner Findings. Please see attached letter from Mr. Mark Haggerty, attorney for Thomas Ryan, agreeing to the settlement for acquisition as per the Commissioners Award of $177,300. I have discussed this with Mr. Herrick who has prepared the appropriate release documents for signature. I would recommend that the HRA authorize final pay- ment as per the Commissioners Award plus interest at 6% as allowed under Minnesota State Law. Commissioner Award - $177,300 previous payment - $113,117 7 Balance Due - $ 40,183 Accumulated interest - & 1,169 from 7/20/83 - 1/13/84 (177 days) Total Due - $ 41,352 JLB/kh 7A LAW OFFICES SMITH, JIISTER,FEIHEMA, MALMON ec HASHVITZ WYMAN SMITH CHARTERED SUITE 1250 LEONARD T.JUSTER 1-1 BUILDERS EXCHANGE BUILDING HENRY H. FEIKEMA MINNEAPOLIS,MINNESOTA 55402 ALVIN S. MALMON TELEPHONE(612) 339-1481 RONALD L.HASKVITZ REPLY TO CARL J. NEWOUIST SUITE 300 MARK E.HAGGERTY f'1/1 361 64t' AVENUE,N.E. JOHN M.GIBLIN LJ FRIDLEY,MINNESOTA 55432 J.CHRISTOPHER CUNEO TELEPHONE(612) 571-6870 ASSOCIATES B.WILLIAM EKSTRUM STACEY A.DEKALB JAMES W. HOESCHLER December 8, 1983 Mr. Jerry Boardman Director of Development City of Fridley Fridley City Hall Fridley, MN 55432 RE: Condemnation Award to Thomas Ryan Dear Mr. Boardman: I am writing this letter to you as attorney for Mr. & Mrs. Thomas Ryan. As you are well aware, a commission awarded Mr. Ryan $177,300 for his property formerly located at 64th Avenue N.E. and University Avenue. At the last HRA meeting we discussed appealing that award. Mr. Ryan and Mrs. Ryan have both agreed that they are willing to accept the condemnation commissioner's award of $177,300. I request that you, on behalf of Mr. & Mrs. Ryan, approach the Fridley HRA in order to obtain permission to close based on the condemnation commissioner's award of $177,300 and pay to Mr. & Mrs. Ryan the difference between the amount that has already been paid and $177,300. I would appreciate it if you would discuss this with the Fridley HRA on December 8, 1983. Secondly, you are aware that we have been negotiating with Van Klugh & Associates on the relocation award to be paid to Mr. Thomas Ryan for the relocation of his business Lu Mississippi Street and University Avenue. As you are also aware we have had a number of documents going back and forth in order to clarify what, in fact the relocation costs were. In addition, we have already approached the Fridley HRA on one occasion at which time they refused to give you the authority to accept a recommendation from Van Klugh & Associates who are the City of Fridley's and the HRA's designated representatives in this matter. In order to save time not only of Mr. & Mrs. Ryan but also of the Fridley HRA, I am again requesting that you ask the Fridley HRA to grant you the authority to accept the recommendations of Van Klugh & Associates as to the relocation award to be made to Mr. & Mrs. Ryan provided that it does not exceed $10,000. What this will do is that it will give the HRA a broad parameter in which to work without having to have the matter discussed again at their January meeting. • 76 Mr. Jerry Boardman RE: Condemnation Award to Thomas Ryan Page 2 December 8, 1983 It is a great inconvenience to Mr. & Mrs. Ryan to have to present this matter on a separate occasion when the final report from Van Klugh & Associates is submitted and I request that in order to end the ongoing litigation between the Ryans and the City of Fridley as well as the HRA that you recommend to the Fridley HRA that they allow you to accept the recommendation of Van Klugh & Associates and pay out the sums necessary to settle the entire matter involving the Ryans providing that the relocation recommendation is less than $10,000. I will be attending the December 8, 1983 Fridley HRA meeting in order to represent Mr. Ryan's interests more fully. Your anticipated cooperation is appreciated. Yours truly, G24c.Xf-/ Mark Haggerty /-- 7C HERRICK & NEWMAN, P.A. VIRGIL C.HERRICK ATTORNEYS AT LAW 6279 UNIVERSITY AVENUE N.E. DAVID P.NEWMAN FRIDLEY,MINNESOTA 55432 JAMES E.SCHMECKPEPER 571-3850 December 15 , 1983 Mr . Jerrold L. Boardman Executive Director Fridley Housing and Redevelopment Authority Fridley City Hall 6431 University Avenue Northeast Fridley, Minnesota 55432 RE: Ryan Condemnation Dear Jerry: This letter is in response to your inquiry regarding the payment of interest on a condemnation award . Please be advised that Minnesota Statute 117 . 195 provides that the property owner shall be entitled to interest from the time of the filing of the Commissioners Report or from the date of the petitioner ' s possession, whichever occurs first . It is my belief that unless the Court sets a higher rate of interest that interest shall be calculated at the legal rate of interest, in this case 6% on the amount of the award that has not been paid . Sincerely, 62/ . VCH : JJH Virgil C. Herrick 7D STATE OF MINNESOTA DISTRICT COURT COUNTY OF ANOKA TENTH JUDICIAL DISTRICT Fridley Housing and Redevelopment Authority, a Minnesota Public • Corporation, • Petitioner. and REPORT OF COMMISSIONERS Thomas F. and Mary Jo Ryan. FILE N0. 8-52402 husband and wife; Northwestern National Bank, Continental Oil Company and All Unknown Persons Claiming Any Right, Title, or Interest in the Property Described Herein, Respondents. TO THE DISTRICT COURT OF ANOKA, MINNESOTA: The undersigned Commissioners appointed by the District Court of Anoka County by Order dated May 31 , 1983, to ascertain damages suffered by the owners of the real property described in the Petition heretofore filed in the above entitled proceedings do hereby report that , having first duly qualified as required by law, viewed the premises hereinafter described, and heard the testimony offered on behalf of the interested parties. hereby assess and award damages for the taking herein to each person claiming any interest therein as follows: 1 7E DESCRIPTION OF LAND Lots 12-I4 inclusive. Block 4. Rees Addition to Fridley park. Anoka County OWNER AMOUNT OF AWARD Thomas F. and Mary Jo Ryan • Personal Property: $ g.2r, t'04, OO Land: • -57Gee - Ov Building: S_ S? e or 10 Appraisal Fees Awarded S 5CC. Ol1 'Tota / — /77, 300. 00 We further report that in the performance of our duties as Commissioners we were occupied I days. and 0,743 wiles. Dated at Fridley. Minnesota . this day of A1Z'lf/484C-. 1983. Curtis A. Larson _ • L._&L--1 1-11t A. • • rdiak Oliver Erickson FILED SEP 2 Ems Jane F. Morrow QLCQc or 0,sTRi'1 coYR7 IWpKA COUNT'f. SCUM o��„ t+noR 8 THE CITY OF --771:7; HOUSING ' 1 ; c 2 "-' € forand ••••-•, ..,, ( . REDEVELOPMENT ii.A. MEMORANDUM.. .. AUTHORITY .... E FRIDLEY , FROM EXECUTIVE DIRECTOR MEMO NO.83-93 DATE flrPmhPr S. 1981 TO ACTION INFO. SUBJECT Hnucing R Redevelopment Authority X 1984 Meeting Schedule Please see attached the proposed meeting schedule for 1984. I have kept it on the 2nd Thursday, the same as 1983. 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