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HRA 06/12/1986 HOUSING & REDEVELOPMENT AUTHORITY THURSDAY. JUNE 12, 1986 7:00 P,M. QTY OF FRIDLEY AGENDA SPECIAL H(XJSING & REDEVELOPMENT AUTHORITY MEETII( THURSDAY, JUNE 12, 1986 7:00 LOCATION: COUNCIL CHAMBERS (UPPER LEVEL) CALL TO ORDER: ROLL CALL: ADOPTION OF AGENDA: APPROVAL OF MINUTES: Housing & Redevelopment Authority Minutes: MAY 8, 1986 UPDATE ON DEVELOPMENT AGREE4ENT WITH LOU LUNDGREN . . . . . . . . . 1 - 1D RECEIVING CDMMJNICATION FROM MR. FRED LEVY 2 - 2D UPDATE ON WOODBRIDGE PROPERTIES' LAKE POINTE CORPORATE CENTER DEVELOPMENT 3 - 3A RECOMMENDATION TO CITY COUNCIL TO AWARD CONTRACT FOR DEMOLITION AND SITE GRADING PROJECT NO. 163 4 - 4B RECOMMIENDATION TO CITY COUNCIL TO AWARD CONTRACT FOR WATER AND SANITARY SEWER PROJECT NO. 162 5 - 5A APPROVAL OF S.E.H. CONTRACT FOR 100 TWIN AREA DESIGN 6 - 6A APPOINTMENT OF TECHNICAL ADVISORY COMMITTEE FOR THE UNIVERSITY AVENUE CORRIDOR STUDY 7 - 7D APPROVAL OF BID TO MOVE HOUSE AT 5747 CENTRAL AVENUE N.E 8 8B PROPERTY ACJQUISITION REQUEST FROM MR. GARY PIERCE - 6132 CENTRAL AVENUE N.E. 9 9C RECEIVING COMMUNICATION BMW-INFIELD . t . 10 10A CLAIMS 11 OTHER BUSINESS: ADJQURNMENr: i CITY OF FRIDLEY HOUSING & REDEVELOPMENT COMMISSION MEETING, MAY 8, 1986 CALL TO ORDER: Chairman Canmers called the May 8, 1986, Housing & Redevelopment Authority meeting to order at 7:15 p.m. ROLL CALL: Members Present: Larry Conners, Virginia Schnabel, Duane Prairie, Elmars Prieditis, Walter Rasmussen Members Absent: None Others Present: Mayor Nee Councilman Goodspeed Councilman Barnette Councilman Schneider Nasim Qureshi, HRA Director John Robertson, Community Development Director John Flora, Public Works Director Rick Pribyl, City Finance Director Julie Burt, Assistant Finance Officer Dave Newman, HRA Attorney Samantha Orduno, Administrative Aide Richard Nbchinski, Developer David Weir, Woodbridge Properties Gene Ernst, Architect for Woodbridge Properties Linda Fisher, Legal Counsel for Woodbridge Properties James O'Meara, O'Connor & Hannan Mr. & Mrs. Lou Lundgren, Developers Paul Ruud, Anoka County Highway Engineer John Olson, Assistant County Highway Engineer Bob Roscoe, Consulting Engineer for Anoka County Bob Schroer, Bob' s Produce Ranch Dick Harris, H & R Enterprises APPROVAL OF APRIL 10, 1986, HOUSING & REDEVELOPMENT AUTHORITY MINUTES: NOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO APPROVE THE APRIL 10, 1986 HOUSING & REDEVELOPMENT AUTHORITY MINUTES AS WRITTEN. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 1. UNIVERSITY AVENUE CORRIDOR STUDY: Mr. Qureshi stated a meeting was held on April 24 with interested businessmen, the City staff, and four consultants regarding improvement of University Avenue in order to enhance the entrance to Fridley and Anoka County. Mr. Qureshi stated tapes are available of this meeting in the event the HRA members or City Council wish to review them. HOUSING & REDEVELOPMENT AUTHORITY NEE LNG, NAY 8, 1986 PAGE 2 Mr. Qureshi stated proposals were submitted by the four consultants for the University Avenue Corridor Study and it was the consensus of those attending the meeting that Barton-Aschman Associates and Short-Elliott-Hendrickson had the most expertise in engineering, urban design, environmental management and experience in working with the Minnesota Highway Department. He stated if the. HRA feels this is a high priority project for the City, it would be appropriate to hire a consultant who specializes in this area of planning, design, and upgrading. Mr. Qureshi stated Barton-Aschman is one firm that has the capabilities to undertake this project. He stated in their presentation, they felt in order for the project to be a success, it should have the support of those persons who will be affected. Mr. Qureshi stated Short-Elliott-Hendrickson was another firm who made a present- ation and would be acceptable for a project of this nature. Mr. Qureshi stated what had to be decided was if the HRA felt this was a worth- while project. He stated the estimated costs quoted for this study were .$20,000 to $26,000 frau Barton-Aschman and $17,000 from Short-Elliott-Hendrickson. Mr. Canners stated the HRA was interested in enhancing University Avenue and the business people were to cane back with a proposal. Mr. Qureshi stated the business community should be involved in the planning, but any funds they may contribute shouldn't be the main concern. He felt their input and comments would be the most helpful. Mr. Comers stated he felt there was a commitment though that had been made. Mr. Bob Schroer stated a group of business people had indicated they would like University Avenue cleaned-up and would be willing to donate sane funds to this project in regard to fencing, lighting, and removal of weeds. He stated, unknown to them, the City also had an interest in such an improvement. Mr. Schroer stated representatives of the business community were invited to a meeting with the City staff and the consultants and they were very pleased with the presentation. He stated as far as the businesses contribution, they were speaking about $5,000 to $6,000 that could possibly be raised. He felt this would be only to clean-up the debris, get the fencing and sane lighting. Mr. Qureshi stated those attending the meeting felt something should be done to improve and enhance University Avenue and to hire someone who has experience in this field. He stated the key element is working with the Highway Department and to involve the businesses and community in a plan for this project. Mr. Schroer stated the consultants who were at the meeting were developers or planners who have done work in other communities and worked with the Highway Department and city officials in designing structures and parkways. He stated it seemed Barton-Aschman had the best contacts with the Highway Department which may be the key to the whole project. HOUSING & REDEVELOPMENT AUTHORITY MEETING, MAY 8, 1986 PAGE 3 Mr. Comers stated the HRA has always been carmitted to such a project. He stated, however, he thought the business people were working on a road plan and were to make a final decision on the commitment. He stated he didn't know there was another plan. Mr. Qureshi stated there is no plan by the City, except for the improvement at the Mississippi/University Avenue intersection. He stated the meeting was called to hear proposals from the consultants and to evaluate if they wished to consider any of these proposals. Mr. Rasmussen felt more input is needed than just frau the business community. Mr. Qureshi stated if a consultant is hired, input would be received from persons along University Avenue, business groups, and governmental units. He stated it would be advisable to have a Technical Advisory Committee to represent land owners and businesses throughout the planning and implementation of this process. Mr. Commers felt direction should be given to the consultant to advise them in what boundaries to work with and then cane back with a plan they can afford. Mr. Qureshi felt the HRA would have control because, if the consultant came back with a plan that was too expensive, it could be prioritized. Mr. Dick Harris stated he didn't feel Mr. Qureshi was entirely wrong in his approach, but could see the HRA's concern. He felt maybe they should decide what this project would be worth to the City and put some dollar figure on a plan. Mr. Qureshi stated if the HRA hires a consultant, they would receive a plan and could decide what items they wished to include in the improvement project. He didn't feel, however, the HRA would want to restrict the consultant from pre- senting certain elements in their plan. MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRIEDITIS, TO HIRE THE FIRM OF BARTON- ASCHI`1AN TO UNDERTAKE THE UNIVERSITY AVENUE CORRIDOR STUDY FOR A COMPENSATION OF UP TO $26,250.00. Mr. Harris felt it was part of the process to involve residents and business people in the development of a plan. Mr. Schroer stated he thought they would develop a "Cadillac" plan and, if this could not be accomplished, they would start eliminating items. Mr. Prairie stated the HRA wouldn't be committing any certain amounts for this project, but would be discussing all possibilities when a plan is received. Councilman Goodspeed felt it may not be a good idea to ask for a "pie in the sky" plan and then have to reduce it. Mr. Qureshi stated if there is a Technical Advisory Committee and the plan was way out of line, it probably could be handled at this stage. HOUSING & REDEVELOPMENT AUTHORITY MEETING, MAY 8, 1986 PAGE 4 Ms. Schnabel stated she fully supports citizen participation in this study and felt it was essential to include the businesses and residents. She stated she would support the motion with that understanding. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Qureshi stated he felt a member of the HRA should chair the Technical Ad- visory Committee along with at least four business representatives, several persons representing Hyde Park and Sylvan Hills, as well as representatives from the Highway Department, Anoka County and the City. Mr. Qureshi stated the meetings of the Technical Advisory Committee would be open to the public and anyone could attend. He stated he would look to the HRA and Council for names of anyone who may want to serve on such a committee. MOTION BY MS. SCHNABEL, SECONDED BY MR. PRAIRIE, TO APPROVE THE CONCEPT FOR THE ESTABLISHMENT OF A TECHNICAL ADVISORY COMMITTEE WITH REPRESENTATION FROM THE BUSINESSES, RESIDENTIAL AREAS, THE MINNESOTA HIGHWAY DEPARTMENT, ANOKA COUNTY HIGHWAY DEPARTMENT AND CITY STAFF. Ms. Schnabel stated she would be willing to chair this Committee as she was interested in the committee approach. Mr. Qureshi stated the committee's activities would probably take about three months with one or two meetings per month. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 2. MISSISSIPPI STREET . Mr. Paul Ruud, Anoka County Highway Engineer, appeared before the HRA regarding the status of the Mississippi Street improvements. Mr. Rudd introduced his assistant, John Olson and the consulting engineer, Bob Roscoe. Mr. Ruud stated the County has worked with the City for a year in preparation of the plans for the improvement of the Mississippi/University Avenue inter- section. He stated there were same limitations in designing the project as far as available right-of-way. He stated there are a few points of contention that exist and asked Mr. Roscoe to review the plan. Mr. Roscoe stated the existing roadway has a three lane approach in either direction and the intersection would be widened to a four lane approach with a median and some channelization. He stated an extra lane will be provided on the west side of University for access into Holly Shopping Center. Mr. Roscoe stated on the east side, there will be a five foot sidewalk and a four foot median, which is a little smaller than the normal six feet. HOUSING & REDEVELOPMENT AUTHORITY MEETING, MAY 8, 1986 PAGE 5 W. Roscoe stated additional right-of-way was to be acquired on the south of Mississippi and along the Dairy Queen and Rice Creek Plaza property. He stated there is a paving strip with concrete with trees on either end. Mr. Roscoe stated they plan to extend the water and sewer to serve the proposed development in the southwest quadrant. W. Rasmussen asked why the widening didn't extend further east on the north side of Mississippi. W. Roscoe stated they didn't feel it was warranted to have to go through the right-of-way acquisition. W. Rasmussen felt development is limited on that northeast corner, if the widening is not extended further east. Mr. Ruud stated they wanted to stay away frau acquiring right-of-way from the private homes. W. Prieditis asked where the County's plan differs from the City's proposal. Mr. Ruud stated the City requested a wider median than four feet in order to plant trees. He stated there would be sane trees on the west end of the project, however, they felt planting trees in a narrow median creates a safety problem. He stated he knows the City is trying to landscape this area, but wondered if it was a prudent thing to do when handling all this traffic. Mr. Qureshi stated he would agree they don't need trees all the way up to the intersection, but sane of the area would be bricked and sane landscaping provided to create the environment desired. He stated the major concern is the right-of-way. Mr. Qureshi stated the critical question is if they wish to go beyond the pro- posed plan and acquire additional right-of-way to the east in the northeast quadrant. He stated this, of course, would then involve the homes along Mississippi. He stated these residences are set back about 50 feet which exceeds the City's normal setback requirement; however, if ten feet was acquired, it would have some impact on the homes. Mr. Rasmussen stated, as proposed, the plan doesn't look too attractive for development in this northeast quadrant. Mr. Qureshi stated this is the third time this intersection has been improved and it probably should be done in order to provide enough right-of-way for the turning lanes and landscaping so it wouldn't need to be redone again. W. Ruud stating they are receiving estimates of over $150,000 to acquire the right-of-way needed from the Dairy Queen and Rice Creek Plaza. He stated the last time the intersection was approved, the cost for acquiring right-of-way was shared jointly by the City and County. He stated they started with an estimated cost of $200,000 and now the County's share is about S400,000 and right-of-way costs are skyrocketing. Be felt maybe this should be researched a little further to see if the County and City can work together on something to fit in with the overall plans. HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 6 Mr. Canners asked how many feet was acquired in the southwest quadrant. M . Ruud stated it starts at 40 feet and tapers down to 10 feet as you go further west. He stated it affects the parking at Rice Creek Plaza by eliminating a row. Councilman Barnette stated if you take 40 feet from the Dairy Queen property, it almost wipes them out and they, in fact, lose their business. Mr. Ruud stated that is why the cost is so high. Mr. Ruud felt the County would rather do it right this time if the terms and costs could be worked out. Mr. Ruud stated on the west side of University, there are connections to streets coming out of the redevelopment area. Ms. Schnabel stated she is concerned about the access capabilities to various businesses because of the islands. Mr. Ruud stated the medians are installed to provide a protected left-turn bay. He stated it is a cannon design and businesses are finding they can live with it quite nicely. Mr. Qureshi stated the HRA members should be aware that access is blocked going east out of Holly Shopping Center because of the island. Mr. Qureshi stated the Highway Department should expose these plans to the property owners and tenants so they are fully aware of what is happening. Mr. Qureshi stated if the HRA felt they wished to pursue efforts to acquire additional right-of-way, some cost analyses could be done. Mayor Nee stated he could see this would satisfy the County's need for moving traffic, but didn't feel it benefits the City. Mr. Ruud stated the County has given consideration to the City and sidewalks will be installed on both sides and signals are bing revised with pedestrian buttons. He stated they also addressed the impact on the senior citizen housing and tried to put those features into the project. Mayor Nee stated it makes it difficult to develop the property in the northeast quadrant when you don't have access going east. He stated he felt the County wished to protect their turning movement going north. Mr. Ruud stated the question is how to handle the traffic problem and provide reasonable access to adjoining properties. He stated any time you provide channelization, you lose sane access. He felt everyone would like direct access, but you can't have a busy street and provide direct access. It was the concensus of the HRA members that the possibility of acquiring additional right-of-way and the costs involved should be pursued. Mr. Ruud stated he would like to have a meeting at the City Hall and invite the affected property owners and tenants to discuss the proposed plan. HOUSING & REDEVELOPMENT AUTHORITY MEETING, MAY 8, 1986 PAGE 7 Mr. Ruud stated normally next year wouldn't be a problem for this improvement project to begin, but because of closing of East River Road due to culvert construction for Rice Creek and Osborne Road planned for next year, however, it probably would take more time if additional right-of-way needs to be acquired. 3. MOCHINSKI'S PROPOSED 19 UNIT TOWNHOUSE PROJECT ON OLD CENTRAL: Mr. Qureshi stated Mr. Mochinski is proposing to construct a 19 unit townhouse on Lots 17 and 18, Block 2, Spring Valley Addition. He stated this property has some soil and drainage problems and Mr. Mochinski is requesting some assistance from the HRA for piping the ditch and to contribute the adjoining lot to the project at no cost. Mr. Qureshi stated W. Mochinski's cost for soil correction will be about $75,000 to $100,000 and his request for assistance totals about $25,000. Mr. Nbchinski explained his project will cost about $1,500,000 and the town- houses would sell in the $75,000 to $80,000 price range and vary from 1,100 to 1,500 square feet. W. Qureshi stated the HRA has provided assistance in the past to developers where there are soil and drainage problems on the property. Mr. Mochinski stated he was originally going to develop this property commer- cially, but traffic counts on Old Central indicate it isn't a viable retail center location. He stated realtors suggested to him that townhouss be con- structed and this would be the best use of the land. W. Mochinski stated if he receives HRA approval, he would begin the process to rezone the property from C-1 to R-3. Mr. Canmers asked what tax increment is captured, if the project proceeds. W. Qureshi stated sanewhere in the neighborhood of about $50,000./year. MOTION BY M5. SCHNABEL, SECONDED BY MR. PRAIRIE, THAT THE HRA PROVIDE ASSIST- ANCE UP TO $25,000 TO MR. MOCHINSKI FOR DEVELOPMENT OF HIS PROJECT BY (1) CONTRIBUTING THE ADJOINING LOT AT NO COST; AND (2) PAYING FOR THE COST OF PIPING THE OPEN DRAINAGE DITCH ON THE SOUTH SIDE OF THIS' SITE, SUBJECT TO OBTAINING CITY COUNCIL APPROVAL OF THE PROJECT. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COBS DECLARED THE MOTION CARRIED UNANIMOUSLY. 4. UPDATE ON LAKE POINTE CORPORATE CENTER DEVELOPMENT: Mr. Qureshi stated the contract for redevelopment with Woodbridge Properties provides they submit a letter by May 1 confirming their commitment to this project. Mr. Qureshi stated they are requesting a 45 day extension to June 15, as they are experiencing delays. He stated Woodbridge applied to the Pollution Control Agency for an indirect source permit and they have not received approval of this permit. HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 8 Mr. David Weir, President of the Woodbridge Financial Corporation, stated the PCA has given a verbal acceptance of the indirect source permit application, but asked to meet separately with the City and NnDQT on proposed conditions of the indirect source permit. He stated one condition was the upgrading of the intersection at Th 65 and West Nbore Lake Drive. Mr. Weir stated one of the issues is the source of funding for the entire interchange. He stated, therefore, they wouldn't be in a position to execute an agreement where legally the City couldn't permit then to take occupancy of a building. Mr. Weir stated City staff has worked incredibly hard to get a design finalized with MnDOT. He stated they are proceeding with their plans and doing every- thing they can to remove these obstacles, but it is a frustrating position. Mt. Commers asked if the interchange is where they are encountering problems. Mr. Qureshi stated, initially, before the Woodbridge development came into the picture, a study was authorized for improvement of the intersection. He stated it came to light, with application for the indirect source permit, that Th 65 needs to be upgraded. He stated if the indirect source permit requires improvements to be in place, before additional buildings could be constructed beyond the first phase, it tends to put a restraining affect on the development. Mr. Qureshi stated even if fundingwere given for this upgrading, the time requirement for getting this frau MnDCYT may impact on the development. Mr. Rasmussen asked the estimate for the improvement. Mr. Qureshi stated it is estimated the improvement of TH 65 would be over $1 ,000,000 and the West More Lake Drive/01d Central intersection improvement would be about $600,000. Mr. Comers stated in order for the development to proceed, someone may have to cane up with about $1,500,000. Mr. Qureshi stated this may be the require- ment of the Pollution Control Agency. Ms. Linda Fisher, Legal Counsel for Woodbridge Properties, stated they meet air quality standards for the first building to be constructed with the existing intersection, however, any additional development will probably require improvement of_the_.intersection. Ms. Fisher stated once the PCA draws up the permit, there is a 30 day comment period. She stated after this period, assuming no challenge, they can proceed with their first building. Mr. Weir stated even though they can start building, they cannot sign the agreement as it wouldn't generate enough increment. HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 9 Mr. Qureshi stated the major issue is when and how Highway 65 is improved in order to accommodate the requirements of the Pollution Control Agency. He stated he hoped to meet with the PCA tomorrow. Mr. Qureshi stated, even though the necessary approvals have not yet been possible to secure, the plans are being submitted for the HRA's review. He suggested, however, Wbodbridge's request for an extension be considered until the next scheduled meeting of the HRA on June 12, 1986. MOTION BY MR. RASMUSSEN, SECONDED BY MS. SCHNABEL TO EXTEND THE AGREEMENT WITH WOODBRIDGE AND PAYMENT FOR THE FIRST PHASE OF DEVELOPMENT FROM MAY 1, 1986 TO JUNE 12, 1986. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COMERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Councilman Schneider asked if funds were available, if this solves the problem or if there is still a problem with the indirect source permit. Mr. Qureshi stated if the permit requires that, beyond the first building, they need these improvements and funds are available, it would make it easier to go to the Highway Department. Mr. Canners asked if there was the possibility the Highway Department would participate in the cost for the improvement. Mr. Flora stated the funds that could be made available for this project probably would be minimal and in the area of $300,000 to $600,000. Mr. Weir stated one of the things they hope to accomplish with their project is to create a whole new focal point for the north suburban area. Mr. Weir introduced their architect, Mr. Ernst, who presented the landscaping plan. Mr. Ernst stated they are proposing the use of shade trees, flowering shrubs, and conifers for all year-aroma greenery. He stated the plan creates a strong boulevard concept with trees spaced 40 to 50 feet on center throughout the main drive. He stated there is a 40 foot buffer between the residential areas with heavy plantings of conifers, small flowering trees, shade trees, and shrubs. Mr. Ernst stated large shade trees would be planted in expansive undeveloped areas. He stated a majority of these trees would have to be reloacted as development occurs in those areas. Mr. Ernst stated the entire site would be irrigated and would include seeding and sodding. Mr. Qureshi stated there would be extensive landscaping and the roadway and landscaping are to be part of the contracts. HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 10 MOTION BY MR. PRIEDITIS, SECONDED BY MR. RASMUSSEN, TO APPROVE THE DESIGN CONCEPT OF THE LANDSCAPING PLAN, SUBJECT TO FINAL APPROVAL BY CITY STAFF. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN CARS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Corers asked, with the granting of the extension, if it was necessary to adopt the resolution approving the construction plans for phase one. He pointed out that Itan 6 in the resolution states no default has occurred. He felt, technically, a default has occurred when they extended this contract to June 12. Mr. Newnan felt Itan 6 in reference to the default should be eliminated from the resolution. Mr. Canners asked if the plans have been checked to see that they conform to all applicable Federal, State and Local laws, ordinances, rules and regulations. Mr. Qureshi stated they comply with the building codes and other standards. NOTION BY MR. PRAIRIE, SECONDED BY MS. SCHNABEL, TO ADOPT RESOLUTION NO. 6-1986, WITH THE DELETION TO ITEM NO. 6 IN REFERENCE TO A DEFAULT. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN CONKERS DECLARED THE MOTION CARRIED UNANIMOUSLY. Mr. Weir stated, in spite of all the frustrations, the staff, in his opinion, has done an incredible job. He stated it really reaffirms to them their decision to be in Fridley. 5. STATUS REPORT ON LOU LUNDGREN PROJECT: Mr. Qureshi staed a development agreement was entered into with Mr. Lundgren which provided certain contractual obligations mast be met by May 1, 1986 or the agreement became null and void. Mr. Qureshi stated a number of letters were sent to Mr. Lundgren to express concern on the timely presentation of certain items provided in the agreement. He stated Mr. Lundgren has not been able to provide some of these items such as a financing plan, construction plan, and lease agreement. Mr. Qureshi stated Mr. Lundgren submitted a set of drawings today and indicated he has made application to the Rice Creek Watershed District and is attempting to get sane commitment on the financing. He stated Mr. Lundgren, through his attorney, has requested an extension of the agreement. Mr. Qureshi stated Mr. O'Meara frau O'Connor & Hannan and Mr. Newnan are pre- sent to give any implications regarding this extension request. Mr. O'Meara stated there were a number of different proposals, but this project ended up with a six story building. Be stated, at the end of the year, he didn't believe Mr. Lundgren was in a position to sign what he considered to be a com- plete development agreement because he wasn't prepared to commit to a minimum market value. • HOUSING & REDEVELOPMENT AUTHORITY, NAY 8, 1986 PAGE 11 He stated an agreement was executed, but left the basic terms blank, not only this minimum market value, but also terms of the lease. Be stated the under- standing they had always conveyed to W. Lundgren was the HRA was willing to contribute up front, but would be looking for some payment down the road. He stated this came to the lease agreement where Mr. Lundgren would be making sane payments and purchase the underground parking ramp at fair market value. Mr. O'Meara stated the lease was never negotiated because Mr. Lundgren wasn't in a position to fill in the blanks at that time. He stated a provision was in- serted into the agreement that, if by May 1, 1986, a number of things didn't occur, and that included these unresolved issues, this agreement with W. Lundgren automatically would terminate and the property would be free of any obligations to hold it for this particular project. Mr. O'Meara stated the lease was redrafted in early March and wasn't acceptable to Fuller Nbrgage. He stated Fuller Nbrtgage insisted the developer be given the land and parking rail') or convey the fee title to Mr. Lundgren. He stated that concept was discussed frau the beginning, but rejected because it tends to violate consumer loans which says you cannot loan more than five percent of a bond issue to a private person or else it would be taxable. He stated they didn't want the City's bond issue to be taxable. Mr. O'Meara stated the agree- ment has now expired as of May 1, 1986. Mr. Ccxrmers asked what action would be necessary if they wanted to extend the agreement. W. O'Meara stated a simple way to deal with the matter, if they choose to extend the time, is to amend the May 1, 1986 date. W. Comers asked if W. lundgren's proposal was not legally feasible because of the tax consequences. Mr. O'Meara stated not if it has to be financed by the proceeds of tax increment bonds. W. Lundgren stated he has a complete set of specifications and working documents. He stated he has a legal problem and has been trying to get together with Mr. O'Meara, but they have a conflict in times. Mr. Lindgren stated they have been to the Rice Creek Watershed District three times and hired a consultant and completed all their requirements. He stated they expect approval of their plan at the District's next meeting. W. Lindgren stated he doesn't have a problem with signing that agreement. It is not a question of the terms or money, it is a question of what HUD will allow in terms of their mortgage. He stated he finally got a copy of the regulations. Mr. Lindgren stated he would like his attorney, the HRA's attorney and HUD attorneys to discuss an agreement and extend the date of his contract to June 12. W. Lindgren stated he needed title or sanething equivalent to title. He stated if the parking ramp financing is the problem, he can do without it, but needs to close this mortgage. He stated he has a good fiscal plan which he feels will work. He felt something should be able to be worked out to suit the HRA's needs and comply with HUD regulations. HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 z J, PAGE 12 Mr. Lundgren stated Fuller Mortgage will have a meeting the week of May 19 and he expects a commitment frau than at this time. Mr. Qureshi stated, if it is the desire to grant Mr. Lundgren an extension to June 12, staff would work with him on what needs to be done. He stated the extension could be granted and, if certain iters are not completed, this agree- ment would be null and void and there wouldn't be any other extension. Mr. O'Meara stated a development agreement would have to be worked out by June 12. He stated, under the present agreement, the HRA is obligated to acquire and deliver the land on or before September 1. He stated, with this delay, the HRA probably wouldn't be able to meet that deadline. Mr. Lundgren stated the HRA would not be obligated to any of the dates in the agreement and these would be worked out. MOTION BY MR. RASMUSSEN, SECONDED BY MR. PRAIRIE, THAT THE HRA, ACTING IN GOOD FAITH, WILL NOT SIGN A DEVELOPMENT AGREEMENT WITH ANOTHER DEVELOPER FOR THE PROPERTY MR. LUNDGREN IS PROPOSING TO DEVELOP UNTIL THE BRA MEETING ON JUNE 12, 1986, AND HOPES MR. LUNDGREN WILL BE ABLE TO COME BACK AT THAT TIME WITH A COMPLETED DEVELOPMENT AGREEMENT. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COMERS DECLARED THE NOTION CARRIED UNANIMOUSLY. At this time, 10:20 p.m. , Virginia Schnabel was excused frau the meeting. 6. OUTLINE OF PROJECT IMPROVEMENTS FOR THE NEXT 2-1/2 YEARS: Mr. Qureshi stated the HRA sold $11 ,500,000 in bonds for improvements underway and future improvements. lie stated $3,400,000 is available for other projects and felt some priorities should be set. Mr. Qureshi submitted a list of different projects with very rough cost estimates and indicated that he prepared the outline just to get the HRA to prioritize the projects to be done in the next 2 - 2 1/2 years. Possible Project - Rough Estimates Soil sorrection $ 250,000 81st/83rd & frontage 500,000 West Moore Lk Dr & Old Central 600,000 Mississippi. Street 500,000 Trunk Highway 65 1,000,000 Moore Lake water quality 500,000 Rice Creek Drive #TH 65 400,000 University Avenue Corridor 750,000 West Moore Lk park improvement 150,000 Senior Housing 150,000 Junkyard Acquisition 750,000 Miscellaneous Acquisitions 150,000 Shopping Center Vacancies 100,000 Civic Center ramps 750,000 HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 13 Mr. Qureshi stated the HRA sold $11,500,000 in bonds for improvements underway and future improvements. He stated $3,400,000 is available for other projects and felt some priorities should be set. There was discussion on the list submitted and some of the projects which the HRA felt should be given first priority were as follows: soil correction, West Mbore Lake Drive & Old Central intersection, Mississippi Street improve- ment, Trunk Highway 65 improvement, University Avenue Corridor and Senior Housing. Another priority mentioned was drainage from Lake Pointe and the Moore Lake water quality. Mr. Cammers felt the high priority is the Center City and the HRA has a commitment to Lake Pointe so they are going to have to do what needs to be done for this project to proceed. Mr. Qureshi stated the owners of Rice Creek Plaza have requested a meeting as they feel some action should be taken to either acquire this property or else take it out of the redevelopment area. He stated a row of parking will be lost for this center as a result of the Mississippi Street improvement and the question arises if the HRA should proceed further to negotiate and acquire the property. Mr. Qureshi stated he felt the owners of Rice Creek Plaza may be interested in selling and asked direction from the HRA if they wanted +-o see that only the necessary right-of-way is acquired or the entire center. He stated the position of HRA and Council has been that they don't want to be property owners. Mr. Newnan stated he felt the owners wished the HRA to acquire their property and stated they would get back to the City with sane figures. He stated staff felt they couldn't incur any expense of appraising the property without approval of the HRA. It was the general concensus of the HRA that they would review any proposals from the owners of the Rice Creek Plaza, but it isn't their policy to acquire land. 7. OTHER: Mr. Qureshi stated a letter has been received from Brian and Rosemarie Crampton for the HRA to release its second mortgage against the subject property. NOTION BY MR. PRIEDITIES, SECONDED BY MR. PRAIRIE, TO DENY THE REQUEST OF BRIAN AND ROSEMARIE CRAMPT'ON TO RELEASE THE SECOND VORTOAGE THE HRA PRESENTLY HOLDS. UPON A VOICE VOTE, ALL VOTING AYE , CHAIRMAN COWERS DECLARED THE MOTION CARRIED UNANIMOUSLY. 8. CLAIMS: MOTION BY MR. PRIE.DITIS, SECONDED BY MR. PRAIRIE, TO APPROVE THE- CHECK REGISTER DATED MAY 8, 1986. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN COIMERS DECLARED THE NOTION CARRIED UNANIMOUSLY. 1 HOUSING & REDEVELOPMENT AUTHORITY, MAY 8, 1986 PAGE 14 ADJOURNMENT: MOTION BY NR. RAS1USSEN, SECONDED BY MR. PRAIRIE, TO ADJOURN THE MELTING. UPON A VOICE VOTE, ALL VOTING AYE, CHAIRMAN CARS DECLARED THE MAY 8, 1986 HOUSING & REDEVELOPMENT AUTHORITY MEETING ADJOURNED AT 11:15 P.M. Respectfully submitted, (et >dLee-i4e-te-- Carole Haddad, Recording Secretary 1 TO: Housing & Redevelopment Authority FROM: Jock Robertson, Executive Director DATE: June 6, 1986 REARDIN3: Newly Created Development Agreement with Fridley Plaza Associates and Louis R. Lundgren • The proposed Development Agreement as originally drafted and approved November 14, 1985 has been rendered null and void. A new Development Agreement with Louis Lundgren has been formulated using the same concepts as the previous agreement but with some modifications necessitated by requirements from Pullar Mortgage, the primary investment group for the development. The revisions as detailed below basically stipulate that the City will invest up to $500,000 for planned acquisition costs to transmit the title in fee simple to the developers. The aogisition cost will be repaid by the developers through a second mortgage over a 15 year period at 8% interest. The 14 month work schedule remains the same with generally a 90 day shift forward in start up so that construction begins November 1, 1986 and is completed February 1, 1988. The following notes summarize the changes, article by article: ARTICLE I - DEFINITIONS; "Closing Date" refers to mortgage "Second Mortgage with Title Insurance" added "Lease" deleted "Parking Facilities" deleted ARTICLE II - REPRESENTATIONS, WARRANTIES AND COVENANTS; Section 2.2(c) - Cost of construction of the minimum housing inprovements will not be less than $8,500,000. Section 2.3 - Right of first refusal for subsequent phases shall expire March 1, 1987, and the HRA shall take reasonable steps including eminant domain to ensure site control. ARTICLE III - LAND TRANSACTIONS; Section 3.2 - Second mortgage terms. No interest will be paid or earned the first three years. Interest only will be paid in years four and five. Principal interest in years six through fifteen resulting in the loan being paid off in full interest and principal by the fifteenth year. Section 3.3 - Developer shall obtain title insurance policies for development property naming HRA as additional insured on the second mortgage. ARTICLE IV - CONSTRUCTION OF MINIMUM IMPROVEMENTS; Section 4.3 - Commencement of construction on or before November 1, 1986. Substantial completion of construction are prior to February 1, 1988. 1P, 1pHousing & Redevelopment Authority June 6, 1986 Page 2 Section 4.5 - Developer required to furnish new letter of credit to the HRA on or before July 1, 1986 for the amount of $200,000 covering the time period until certificate of completion on or before February 1, 1988. ARTICLE V - INSURANCE AND WN EMJATION; Section 5.3 - HRA may agree to modifications at sole discretion that such modification does not impair its security as second mortgage holder. ARTICLE VI - ASSESSMENT AGREEMENT; Section 6.1 - Assessment agreement to be approved on or before June 12, 1986 to be executed at time of transfer of title. ARTICLE VII - MOR'1GAGE FINANCING; Section 7.1(b) - Second mortgage not to exceed the amount of $6,750,000. Section 7.6(b) - HRA to consider modifications to accomodate first mortgage holder if HRA deers such modifications reasonable and necessary and do not impair its second mortgage. ARTICLE VIII - PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER; No change ARTICLE IX - EVENTS OF DEFAULT; Terminology changes frau "lease" to conveyance and second mortgage. ARTICLE X - ADDITIONAL PROJISIONS; 10.9 - Extraordinatory Termination shifts to August 1, 1986. EXHIBIT A - DEVELOPMENT PROPERTY Legal Description - no change EXHIBIT C - FORM OF CERTIFICATE OF ODMPLETION No change EXHIBIT D - ASSESSMENT AGREEMENT Minimum market values is changed to as follows: January 2, 1987 - $1,275,000. January 2, 1988 - $6,800,000. January 2, 1989 - $8,500,000. Each January 2 of each year following - $8,500,000. (To be yet finalized.) 1B Housing & Redevelopment Authority June 6, 1986 Page 3 ATTACHMENT A TO ASSESSMENT AGREEMENT (Development property) No change. ATTACHMENT B TO ASSESSMENT AGREEMENT Referring to Minnesota Statutes, Section 273.76, Subdivision 8: EXHIBIT E (Description of Location of Parking Facilities) Delete. EXHIBIT F (Permitted Encumbrances to Development Property) 4. Change reference fram lease and first mortgage to second mortgage. JLR/dm M-86-122 1C RESCLUTION N0. ERA 1-1986 A RESCLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A U:NTRA(7 FOR PRIVATE IEVELOPMENT WITH TriE FRIDLEY PLAZA pSSOCIATFS LIKETED PARTNERSHIP 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 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 Redev el opnent Project (the "Redev el opnent Plan") . D. The acquisition and subsequent sale or lease of the potential development property to private developers for rental housing 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 dev el opnent in the Project Area. F. The Fridley Plaza Assoicates Limited Partnership, a Minnesota limited partnership, has presented the Authority with a proposal for the construction within the Project Area of an Apartment Building and a pertain Contract for Private Development between the Authority and the Fridley Plaza Associates Limited Partnership (the 'Development Contract") , stating theterms and conditions of such development and - the Authority's responsibilities respecting the assistance thereof, 0 - has been presented to the Board for its consideration. 0,i G. On November 14, 91 85, the Authority held a public hearing on an earlier proposed contract for Private Development which provided for or the purchase and/-rpoestftverettee by the Authority of the property on which the Fridley Plaza Associates Limited Partnership project is 6,.q,i- proposed to be constructed. Although that Contract for Private Development has peen terminated, this proposed Ce 3evelopnent is consistent with one presented at that November 14, 1986 (public hearing. 1D lege 2—Resolution No. -1986 2. Tne Board hereby approve the Contract for Private Development and hereby authorize the thainnan and Director to execute the same on behalf of the Authority, with such additions and modifications as those officers may deer re cessa ry. 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 ne cessa ry on behalf of the Authority to implement such Agreement. MASSED AND ADOPT® BY THE ICUS= AND REDEVELOPMENT AUTHORITY OF THE CITY OF FR ILL EY THIS DAY OF INEMA t, 1986 LARRY CDl ERS, CHAIRMAN HWSIING AND RIDE.VII.OR2 T AUTHORITY ATTEST: PAS 1m N. (�JRESH I, DIRECTOR HCUSL*D AND RED VELOR'.E:IT AUTHORITY I � 2 4484 • nntt /AG/ HERRICK & NEWMAN. P.A. ATTORNEYS AT LAW VIRGIL C.HERRICK 5279 UNIVERSITY AVENUE N E DAVID P.NEWMAN FRIDLEY,MINNESOTA 55432 JAMES E.SCNMECKPEPER 571-3850 May 28, 1986 Nasim Qureshi City of Fridley 6431 University Avenue, N.E. Fridley, MN 55432 RE: Rice Plaza Shopping Center Dear Nasim: Enclosed you will find a copy of a letter which I recently received from Bob Levy, the attorney representing the owners of the Rice Plaza Shopping Center. I believe this letter is self explanatory. You will note that in this letter Mr . Levy is asking to appear on the agenda at the next HRA meeting. 11 incerely yours, aura P. Newman DPN:KLS Enclosure 2A HERRICK & NEWMAN, P.A. ATTORNEYS AT LAW VIRGIL C.MERRICK 6279 UNIVERSITY AVENUE N.E. DAVID►.NEWMAN FRIDLEY.MINNESOTA 55432 JAMES E.SCMMECK►E►ER 571-3850 May 28 , 1986 • Bob Levy ESTES PARSINEN & LEVY 100 South Fifth Street Suite 1100 Minneapolis, MN 55402 RE: Rice Plaza Shopping Center Dear Bob: I have forwarded your letter of May 19, 1986 onto Mr. Qureshi, the Director of the Fridley HRA. I have also informed him of your request to appear at the next meeting of the Fridley HRA. This meeting is scheduled for June 12, 1986, at 7:00 p.m. at the Fridley City Hall. If you would like, please feel free to call me that day, and I will try to give you my best guess as to when the HRA may get to you on the agenda. It is also my understanding from our earlier conversation that you are going to forward on to the HRA staff, copies of all existing leases. If you have not already done this, I would ask you to do so at your earliest convenience. Sincerely yours, David P. Newman DPN:KLS cc: Nasim Qureshi fir 2B LAW OFFICES ESTES PARS 1 N EN at LEVY A PROFESSIONAL ASSOCIATION 100 SOUTH FIFTH STREET JOHN D.PARSINEN SUITE 1100 S.TODD PAPP P.D.ESTES HOWAPD J.PUBIN ROBERT A.LEVY MINNEAPOLIS, MINNESOTA 55402 DAVID R.MYLREA ERIC S.SCHULTZ JErr ROSS JACK A.ROSSERO TELEPHONE DAVID A.ORENSTEIN LEON I.STEINSERO 16121 333-2111 DANIEL J.SIERSOORI FACSIMILE BRUCE B.JAMES E.SNAKE HINDS 16121 333-6796 OF eovl.Sc. May 19, 1986 David P. Newman, Esq. Herrick & Newman, P.A. 6279 University Avenue N.E. Fridley, Minnesota 55432 RE: Housing and Redevelopment Authority City of Fridley -- Rice Plaza Dear Dave: This letter is in response to your request that I summarize for you in writing the problems created for Rice Plaza and its ownership, Rice Plaza, a Minnesota partnership ("Rice Plaza"), by reason of the Fridley Housing and Redevelopment Authority's ("HRA") continuing saga of entering into various levels of development agreements, letters of intent, understandings or development plans with various developers for the Rice Plaza site and conducting various public hearings in connection therewith. Most simply stated, the action of the HRA over the past five or six years has created a cloud of condemnation over Rice Plaza which has unnerved and disrupted our existing tenants as well as made it next to impossible for us to lease vacancies as they may occur. In connection with its tax increment district and development plans, the HRA has conducted numerous public hearings relative to its plans, the specific plans of developers, entered into development contracts with potential developers and most recently, in connection therewith, the City of Fridley has conducted public hearings relative to the possible rezoning and replatting of the Rice Plaza property for development as a multi- family housing project. Each time the HRA or the City publishes or sends out public notices with respect to those development plans or conducts public hearings in connection therewith, it creates a public impression that a condemnation or taking of Rice Plaza is just around the corner. We understand and acknowledge that the HRA is exercising a proper public function in connection with seeking to maximize utilization of the subject property and further certain public purposes or goals with respect to development in the City. However, this process has been going on for a period of five or six years with one developer after another selected by the HRA. Each time Rice Plaza has succeeded in soothing the concerns of its existing tenants after a development plan has fallen through. However, it seems that the HRA then solicits a new developer and a new plan and enters into new discussions or agreements which again stirs up the dust. Please understand that we are not questioning the motives or public purposes of the HRA, but those purposes are not necessarily the objectives or purposes of the existing ownership of Rice Plaza which has to suffer the consequences. 2C ESTES PARS I N EN & LEVY May 19, 1986 Page 2 In attempting to lease out vacant space, Rice Plaza is concerned that it never be accused of misrepresentation by a new tenant for failing to disclose the potential development plans of the HRA with respect to the property. Accordingly, in each instance Rice Plaza has directed prospective tenants to the City and HRA staff for the purpose of obtaining information on a direct basis as to the status of those development plans. We have been advised on numerous occasions by both prospective tenants as well as existing tenants that they have been informed by individuals at City Hall that development is "just around the corner" and the condemnation or taking will be in the very near future. Obviously, that has scared away potential tenants as well as being disconcerting to existing tenants. It was a circumstance such as this that precipitated the HRA's recognition of this problem and purchase from Rice Plaza of what is now the Municipal Liquor Store site, after a prospective tenant lost interest in the property due to the then pending threat of condemnation. A parallel circumstance now exists. Rice Plaza currently has a vacancy which it has been unable to lease due to the pending threat of a taking by reason of the development plans with Mr. Lundgren. Specifically, one of the existing tenants expressed interest in expanding their store into the adjoining vacancy, but after consultation with staff at City Hall decided against making the necessary capital investment to do so due to the potential taking. Rice Plaza has always been a good "business citizen" of the community and has attempted to accommodate the HRA's needs in connection with its development plans. Most recently, Rice Plaza was approached through you on behalf of the HRA and the City for purposes of consenting to a replatting of the subject property and rezoning thereof in connection with the development plans of Mr. Lundgren. When you contacted me, the first concern I communicated to you was that we did not want to be left at the alter one more time having our tenants disrupted and running into difficulties in terms of keeping our space leased, if the development plans were not going to go through. The consent requested was provided on a conditional basis pursuant to a proposed agreement which you and I negotiated and which was executed on behalf of Ride Plaza. It is my understanding that the subject agreement has never been submitted to the HRA or the City for formal approval and authorization for execution. Rize Plaza consented to the contingent replatting and rezoning of its property predicated on our understanding that that agreement had been negotiated and would be submitted for formal action by the HRA and the City. Rice Plaza feels that it acted in good faith in allowing those public hearings regarding contingent rezoning and replatting of its property to take place. If it had reason to know that the HRA staff would take its executed agreement and simply sit on it and never submit it to either the HRA or the City for formal approval, we would have had a basis to challenge those hearings and avoid the resultant disruption to our tenants. I want to reiterate that Rice Plaza is not challenging the public purpose or motives of the HRA or the City in connection with their development plans. However, Rice Plaza is suffering the consequences of actions supporting motives which are unique to the HRA. Rice Plaza has been placed in an untenantable position. We respectfully request that the HRA either remove Rice Plaza from the tax increment district and drop its development plans for same or engage an appraiser at this time to appraise the property and commence the process of acquiring the property. If the HRA wants the property 1 2D ESTES PARSINEN & LEVY May 19, 1986 Page 3 held in abeyance pending development, then it should bear the financial burdens attendant thereto. • I would like to appear at the next HRA meeting for the purpose of addressing our requests set forth herein. Very truly ours, Robert A. Levy krh RAL-5 cc: Fred Levy James Ridgway 3 MEM) W: File MEM) FROM: Jock Robertson, Community Development Director MEND DATE: June 6, 1986 REGARDING: Summary of Meeting with Woodbridge and MPCA concerning the Indirect Source Permit stipulations. Attendees: Susanne Pelly - MPCA; Dan Luteneger - Barton Aschman; Linda Fischer - Larkin-Hoffman; Erik Nesset and David Weir - Woodbridge; Jim Benshoof - Traffic Consultant; Kevin Green - MnDot; Nasim Qureshi, Jock Robertson, John Flora - City of Fridley. Agenda Item #1: The attendees discussed Susanne Pelly's assertion that the required DNR Permit for minimum filling for improvements on Trunk Highway #65 be linked to the Indirect Source Permit. Minnesota DNR will communicate with Ms. Pelly that the DNR filling permit is no problem. Agenda Iter #2: On the question of the traffic assignment models, Pelly questioned the a) 15% reduction for multi-use trips and b) the 10% reduction for intercepted trips. She thought the assumptions were suspicious because of the lack of national literature of the subject. Jim Benshoof responded that on June 4, 1986 he and Dan Luteneger, Barton Aschman, worked through the traffic and air quality models manually by inspection using "worst case" assumptions of 10% reduced trips and 0% intercepted trips. The net increase was a total of 110 trips, or 2% of the actual number of trips. Therefore, the changes have a very limited magnitude and there will be no level of service changes. Luteneger said that the worst case effect of the additional 50 vehicles in eight hours on the West Moore Lake Drive portion of the interchange which would an additional 0.5 parts per million of carbon monoxide raising the output of the model frau 4.6 to 5.1. Susanne Pelly then questioned whether MnDot had approved the geanetrics of the design and directed MnDot to specify in a memo that the geometrics in the Benshoof assumptions are to those used by Short-Elliot-Hendrickson. Linda Fischer then proposed that the building by building land use monitoring required in the draft permit does not appear to be necessary because: a) .the wide margin between the worst case projected output of 5.1 ppm of Carbon Monoxide to the standard of 9.0 at full development. b) MPA control through the "design change" mechanise in the Indirect Source Permit, and c) lack of neighborhood opposition. 3A File June 6, 1986 Page 2 Susanne Pelly then agreed that the monitoring was unneccessary and that MPCA would need only be notified of: a) significant design changes through the normal procedures of the Indirect Source Permit,and b) MPC% be notified by the City of Fridley on timing and minor changes as the project is developed. It was understood by the attendees that the latter was an informational process not a prior approval process. Agenda Item #3: Susanne Pelly questioned the timing of the intersection improvements. Nasim Qureshi responded that the timing for the intersection improvements did not appear to be so critical because of the new traffic and carbon monoxide data. He said the City will move as expeditiously as possible to make the proposed intersection improvements but that the MPCA must recognize that MnDot is also involved. Ms. Pelly responded that the permit will assume that all intersection improvements will be completed before any subsequent development beyond the first phase, unless new trafic and carbon monoxide model projections indicate that acceptable levels can be obtained through substaging of additional buildings on the site or improvements to the intersection. Ms. Pelly further stated that this new model data could be submitted either during the 30 day review period of the Indirect Source Permit or at any subsequent time after the Permit was issued and a modified Permit will be issued. Agenda Item #4: Linda Fischer asked if the Indirect Source Permit s timing in enforcement could be linked to building occupancy. Susanne Pelly replied that based on MPGA experience in violations, timing must be based on issuance of building permits. Linda Fischer and Dave Weir responded that this could make a major difference in the acceptability of the Permit. However, when City Manager, Qureshi reminded them that new model data could change the timing, both Pelly, Fischer and Weir agreed that the date of occupancy problem could be solved. The meeting concluded with the Mr. Qureshi asking if a copy of the Indirect Source Permit could be available to the BRA on the 12th. Ms. Pelly responded that if Jock Robertson phoned her on Wednesday morning the 11th, she would make arrangements to get copies for distributions to the HRA on the 12th. JLR/sk M-86-123 T _ 4 itair DIRECTORATE IZ7s7 !gl PUBLIC WORKS uTY ppF� MEMORANDUM f RI DLEY 70: Nasim Qureshi, City Manager FW86-156 FROM:• • John G. Flora, 'Public Works Director DATE: June 8, 1986 SUBJECT: Awarding Contract for the Woodbridge Development In anticipation of preparing the site for the proposed Woodbridge Development on the 100-Twin Drive-in property, the City advertised and received bids for three projects: Water and Sanitary Sewer Project #162 included the utilities for the Woodbridge Development; Demolition and Site Grading Project #163 for the demolition of the existing facilities and preparation of the site for the street and proposed structures; and Street Improvement Project St. 1986-1 & 2 included Phase II which was the road surface and walkway systems within the Woodbridge Development. All contracts had a 60-day award period. The 60-day award period for the contracts expires on June 15, 1986 . Accordingly, if we are to move on this work utilizing the bids received, the City Council should consider awarding the contracts at their June 12, 1986 special meeting. The City has not received the Indirect Source Permit for the Woodbridge site and therefore construction cannot commence until it is issued. It is anticipated to be received by about July 15, 1986 because of the 30-day publishing requirement associated with it. Accordingly, Projects #162 and #163 could be awarded contingent upon the Indirect Source Permit with a construction start no earlier than July 30, 1986, and all other dates slipped a minimum of 60 days. Action regarding Phase II of Street Improvement Project St. 1986-1 & 2 can be delayed for a period of time as Phase I of the project has already been awarded. If it is appropriate, reoatmnend the City Council award Project #162 and #163 both contingent upon the Indirect Source Permit with the start date of July 30, 1986 and all other contract dates extended by a minimum of 60 days. JGF/ts lr 4A BID OPENING 3:00 P.M. THURSDAY, APRIL 17, 19E6 DEMOLITION & GRADING PROJECT #163 BID 1 TOTAL I PLANHOLDER I BOND I BID 1 COMMENTS 1I II I Park Construction Company 1 1 1 7900. Beech Street, N. E. i 5% 1$ .972,514.001 Minneapolis, MN 55432 I 1 i i I I F. M. Frattalone Excavating i I 1 3066 Spruce Street I 5% 11,439,900.001 St. Paul, MN 55117 i 1 I ' I I D. L. R. Construction Company I 1 1 11545 - 190th St. , E. 1 5% 11,525,000.661 Hastings, MN 55033 i I i i 1 1 Ames Const. Co. , Inc. I 1 1 14420 Co. Rd. #5 i 5% 11,625,000. 001 Burnsville, MN 55337 i 1 1 1 -1 D. H. Blattner & Sons I I 1 1400 Concordia 1 5% 13,410,000.001 St. Paul, MN 55104 i 1 _ 1 CCIr DIRECTORATE P • -Mi. OF 4`��Ie4'o PUBLIC WORKS LfITY j MEMORANDUM ACJ 86-144 MEMO TO: Nasim M. Qureshi, City Manager MEMO FROM: John G. Flora, public Works Director MEID DATE: May 23, 1986 SUBJECT: Awarding Contract For The Woodbridge Development In anticipation of preparing the site for the proposed Woodbridge Development on the 100 Win Drive-in property, the City advertised and received bids for three projects: Water and Sanitary Sewer Project 4162 included the utilities for the Woodbridge Development; Demolition and Site Grading Project 4163 for the demolition of the existing facilities and preparation of the site for the street and proposed structures; and Street Improvement Project St. 1986- 1 & 2 included Phase II which was the road surface and walkway systems within the Woodbridge Development. All contracts had a 60 day award period. The 60 day award period for the contracts expires on June 15, 1986. Accordingly, if we are to move on this work utilizing the bids received, the City Council should consider awarding the contracts at their June 14 1986 meeting. The City has not received the Indirect Source Permit for the Woodbridge site ana therefore construction cannot commence until it is issued. It is anticipated to be received by July 15, 1986 because of the 30 day publishing requirement associated with it. Accordingly, Projects $162 and #163 could be awarded contingent upon the Indirect Source Permit with a construction start no earlier than July 30, 1986, and all other dates slipped a minimum of 60 gays. Action regarding Phase II of Street Improvement Project St. 1986- 1 & 2 can be delayed for a period of time as Pnase I of the project has already been awarded. If it is appropriate, reoatumend the City Council award Project 4162 and 4163 both contingent upon the Indirect Source Permit with the start date of July 30, 1986 and all other contact dates extended by 60 days. JGF/ts 5 BID OPENING 3:00 P.H. THURSDAY, APRIL 17, 1985 WATER & SANITARY SEWER PROJECT #162 1 BID I TOTAL 1 PLANHOLDER 1 BOND I BID I COMMENTS _1 1 1 Orefi & Sons, Inc. I I 1 P. O. 'Box 16358 I 5% 1 159,589.061 St. Paul, 11`.1 55116-035 8 1 I { I 1 1 F.M. Frattalone Excavating 1 3066 Spruce Street I 5% 163,923.00 St. Paul, MN 55117 1 _ A. C.G. Inc. 587 S.W. 1st St. I 5% 172,144.00 New Brighton, MN 55112 Burschville Construction { 1 Box 167 1 5% 1 81,202.6 51 Loretto, MN 55357 { 1 i I J. P. Norex, Inc. I 1 1 P. O. Box 476 { 5% I 182,96 4.001 Chanhassen, MN 55317 j I 1 1 I I S.J. Louis Construction j 1 1 RR4, P. O. Box 51 80 1 5% I 183,153.601 St. Cloud, MN 56302 I I 1 1 F.F. Jedlicki, Inc. 1 1 1 14203 West 62nd St. 1 5% I 192, 898.001 Eden Prairie, MN 55344 1 I { I 1 1 G.L. Contracting { { 1 P. O. Box 340 1 5% I 210, 892.671 Hopkins, MN 55343 1 j 1 Park Construction Company I I 1 7900 Beech Street, N. E. I 5% I 212,122.391 Minneapolis, MN 55432 { I 1 1 1 1 B & D Underground, Inc. I I 1 6130 Sunset Drive 1 5% I 216,6 81.001 Mound, MN 55364 1 I 1 1 _j 1 — 5!1 BID I TOTAL PLANHOLDER I BOND I BID COMMENTS I Hydrocon, Inc. I 1 Box 129 1 5% I 230,677.00 North Branch, MN 55056 1 I I I Arcon Const. Co. , Inc. I I P. O.. Box 57 I 5% I 234,339.95 Mora, MN 55051 I 1 .1 I Crossings, Inc. Box 10 5% I 238, 876.73 Prior LAke, MN 55372 Ames Const. Co. , Inc. I 14420 Co. Rd. #5 5% I 242,659.50 Burnsville, MN 55337 I _ 1 6 • RESOLUTION NO. HRA,=1986 RESOLUTION APPROVING A CONTRACT BETWEEN THE BOARD OF COMMISSIONERS OF THE FRIDLEY HOlUSING AND REDEVELOPMENT AUTHORITY AND SHORT-ELLIOTT-HENDRICKSON FOR STREET IMPROJEMENTS TO TRUNK HIGHWAY 65, WEST MOORE LAKE DRIVE AND RICE CREEK ROAD. ' 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. The Authority has heretofore approved the plans prepared by the architectural firm of Short-Elliott-Hendrickson ("S.E.H") for the improvements on the east and west side of T.H. 65 at the intersection of West Moore Lake Dr. ; and 2. The Authority has heretofore authorized the City Manager to enter into a Contract with S.E.H. for the development of final plans and specifications for the intersecting legs in this area. 3. A Contract has been prepared and presented to the Board which provides for the heretofore agreed upon road improvements to the interesection of T.H. 65 and West Moore Lake Drive and Rice Creek Road. 4. The Authority supports the necessary impravenents to State Trunk Highway 65 and Rice Creek Road for the development of the 100 TWin Drive-in site. 5. The Board hereby approves the Contract for such improvements and hereby authorizes the Director and other officers of the Authority to execute the Contract substanitally in its present form, but with such minor amendments, deletions, or inserions as such officers may deem necessary or desirable, as evidenced by their execution thereof, and the Board further instructs such officers, upon full execution of the Contract, to take such actions as may be necessary to effectuate and implement the terms thereof. PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIM EY THIS _ LAY OF , 1986. LARRY COMMERS, CHAIRI"V N HOUSING AND REDEVELOPMENT AUTHORITY ATTEST: NAS IM M. QURESH I, DIRECTOR HOUSING AND REDEVELOPMENT AUTHORITY 6A iiir 'DIRECTORATE o OF � � co 0 0 PUBLIC WORKS CSNp elf? MEMORANDUM �— f RIDLEY • r10: Nasim Qureshi, City Manager 1W86-157 FROM: John G. Flora, r,�iublic Works Director DATE: June 6, 1986 SUBJECT: S.E.H. Contracts We have received a new contract proposal from S.E.H. which includes all of the work associated with the West Moore Lake Drive/Old Central intersection, Highway 65 and Rice Creek Road improvements identified essential for the development of the 100 Thin Drive-In site by Woodbridge Properties. The agreement addressed the work in three phases, Phase I - Preliminary Plans, Phase II - Detailed Plans, and Phase III - Construction and Inspection. PHASE WEST IIOORE LAKE DR. HIGIWIY 65 RICE CREEK RD. Prelim. Plans * * $ 7,100.00 Detailed Plans * $ 55,500.00 36,500.00 Construction S39.800.00 59.000.00 47.500.110 TOTAL $39,800.00 $114,500.00 $ 91,100.00 * Authorized in the current agreement at $30,750.00 The additional work at not to exceed costs is identified at $245,400.00 adding the existing contract, the total amount of design construction work accomplished by S.E.H. for these improvements would be $276,150.00. Coe the detailed plans have been completed for the three projects, we can probably negotiate the construction and inspection phase of the work to a lump sane bid as the specs for the work will then be identified. This should result in a laver cost to the City. Currently the proposal based upon a $2,000,000.00 construction project puts the agreement in the neighborhood of 14.0 percent for design and inspection. Recommend the HRA authorize the City to enter into an agreement with S.E.H. to complete the design for the West Moore Lake Drive/Old Central intersection, Highway 65 and Rice Creek Road improvements and the construction inspection for this work to S.E.H. for a cost not to exceed $276,150.00. This design work is necessary to be accomplished as soon as possible if the construction schedule for 1987 is to be satisfied. JGF/ts TO: Housing & Redevelopment Authority Members FROM: Jock Robertson, Executive Director of HRA DATE.. May 30, 1986 SUBJECT: The Inter-Technical Advisory Committee for the University Avenue Corridor Study O1 May 8, 1986 at the HRA meeting it was decided that a Technical Advisory Committee should be formed to help the formulation of the University Avenue Corrodor master plan. Tne proposed group would include twelve individuals representing the following areas: 1 - Anoka County 1 - MnIOT 1 - Frialey Dept. of Public Works 1 - Frialey Dept. of Comm. Develop. 3 - U iversity Avenue Businesses 1 - HRA Chairperson 2 - Syiva. Hills aria Hyde Park 1 - Holly Center 1 - Soon Plaza The first eight representatives are in the process of being named. However , we oto neea suggestions for the last tour and I have attacheu a list or businesses in Holly Center and Moon Plaza and a list of citizens in the Sylvan Hills and Hyae Park area who have previously been identifies as being active in community affairs. Please forward any further suggestions to me. We would like to nave tr,e HLt. appoint the Technical Advisory Conisttee at the scheduled meeting on June 1"4, 19b6. Thank you for your assistance in this matter. JLR/ct. cc: City Council Attach. M-86-113 7A Holly Center Businesses Owner/Rep: Gary Jackson, Heartland Assoc. , 4111 Central Ave, Suite 204 , Mpls . , MN 55421 Address (University Avenue) Business 6525 Little Ceasar's Pizza 6524 Push Pedal and Pull 6526 Prime Design 6528 Champion Auto 6530 Minnesota Pets 6532 House of Large Sizes 6534 Lund's Fridley Office Products 6540 Old Country Buffet 6544 Fridley Dry Cleaners 654E Glad Rags 6554 Schaaf Floral 655E Video Exchange 6562 Radio Shack 6570 Nelsons Wallpaper 8 Paint 6574 Holly Street Hair Stylists 6578 Booked Solid 6582 Snyder Drug 6594 Larson, Donald , LeRoy Attorney 7B MOON PLAZA BUSINESSES Owner: ARG Enterprises, A.T. Gearman, 6205 University Ave. , Fridley, MN ADDRESS BUSINESS (UNIVERSITY AVE. ) 6267 A-1 Lettering 6263 H & R Block 6259 Plaza Cleaners 6253 Daves Sports Shop 6251 Powdour Pouf Salon 6247 Buzz's Barber 6249 US Navy Recruiting 6243 Vacant 6239 Vacant 6235 J & L Dance Studio (basement) 6237 Jeanies Needle Art 6231 US Air Force 6229 Vacant 6225 US Army Recruiting 6225 Loren Green Associates (inside) 6223 A-A (basement) 6223 Marines 6221 Farmers Insurance 6215 Moon Plaza Resturar.t 6213 North Star Video 6209 Emerald Office Supply 6205 A & G Enterprises 6201 Affiliated Emergency Vet Servicel, 7c Sylvan Hills "Active" Block Captains Mr. and Mrs. Buckman 6240 Trinity Drive 571-0698 Ms. Delores Hartos 6200 Starlite Boulevard 571-5748 Mr. and Mrs. Kidder 6360 Starlite Boulevard 574-0637 Mr. and Mrs. Dennis Johnson 6336 Starlite Boulevard 571-0637 Mr. and Mrs. Coppicus 256 Mercury Drive 571-2097 Mrs . Knaepfle 6210 Rainbow Drive 571-8753 Hyde Park (to be organized this summer) Alfred Gabel 5947 2 1/2 Street 571-1288 Patricia Gabel 5947 2 1/2 Street 571-1288 7D iriJ CITY OF FRIDLEY CIVIC CENTER • 6431 UNIVERSITY AVE. N.E. FRIDLEY, MINNESOTA 55432 • PHONE(612) 571-3450 May 29, 1986 Richard Harris 6200 Riverview Terrace N.F. Fridley, MI 55432 Dear Mr. Harris: On May 8, 1986 at the HRA meeting, the consulting firm of Barton Ashman was chosen to complete the University Avenue Corridor study. At that time it was decided that a technical advisory committee would be zormed to help in the formulation of a master plan. The proposed group would include twelve individuals of the €ollaring types: 1 - Anoka County 1 - AInDDT 2 - Sylvan Hills & Hyce Park 1 - Holly Center 1 - Moon Plaza 1 - Public WoJ:s 1 - Community Developnent 3 - University Avenue Businessmen 1 - HRA Chair In order to proceed with the formation of the group we are requesting that you suit the names of the three individuals from the University Avenue Businessmen's group which would take pert in the planning process. Your timely consideration is appreciated, as we are proceeding to set up the first meeting in mid June. Thank you for your cooperation in this matter. We hope to hear from you soon. Sincerely, r.ic'Reseeztma,)Jock Robertson Executive Director of HRA JLR/dm cc: Jock Robertson Gerald Paschke David Harris Robert Schroer John Gargaro Rollie Benjamin C-86-228 g gar DIRECTORATE , ' o OF t l cQo PUBLIC WORKS — � CI'TY Of MEMORANDUM f R1 DL.�.Y T0: John G. Flora, Public Works Director PW86-149 FROM: Mark L. Burch, Asst. Public Works Director DATE: May 29, 1986 SUBJECT: Removal of House at 5747 Central Ave. , N.E. We received four bids on Wednesday, May 28, 1986 for the removal of the house at 5747 Central Ave. , N.E. This house is being relocated to allow alignment of Hathaway Lane and Central Ave. in conjunction with our intersection improvement at Highway 65 and West Moore Lake Drive. The highest bid received was from Able Building Movers, Inc. of St. Paul, Minnesota with a salvage bid of $257.00. The remaining three bids were all demolition bids. We recarmend that the Housing and Redevelofnent Authority award the contract for removal of the house at 5747 Central Ave. to Able Building Movers, Inc. for $257.00. MLB/ts 7 BID OPENING 11:00 A.M. WEDNESDAY, MAY 28, 1986 PROJECT $166 - REMOVAL OF STRUCTURES AT 5747 CENTRAL AVENUE, N.E. BID TOTAL . PLANIIOLDER BC ND BID COMMENTS Safeway Movers Check 5885 No. 165th St. $ 15.00 $ 257.00 Salvage Bid Hugo, MN 55038 Gammon Bros. , Inc. Check Rogers, MN 55374 $112.25 2,445.00 Demolition Bid Doty & Sons 620 - 39th Ave. , N.E. 5% 5,200.00 Demolition Bio Minneapolis, MN 55412 Ray Anaerson Check 930 Duluth St. $345.00 6,885.00 Demolition Bid St. Paul, MN 55106 Dale Movers, Inc. 7816 Central Ave. NO BID Spring Lake Park, MN 55432 • ta - - '' .‘ -•:••'' lrrr , -sc - Ise •r ` '. Al { rt , rY`al. wY'1 } ,'I tw t i.06dt'4 .y\ � '' Itf 7[ It 1 � 1 ,... , �¢ c ,,.' w r' • ...�X # ` a .'$ • ' " � _ � gi 'teap, f '.R. Rr t ik '� a\li, II } a x f a: • t, t • 4 1 s a t ` ♦'7�.4 s 1 i, t 4 Ns 114 I. a. al# fie si b. i * 2: i �. '-.jktiiCi a iv .4**-; .)...' 4# , .i. , fm t x k �< i f� t s , • RFs }ti.� 4,„/, 4 t •l's '„ 4..s." .4'ss '' . - '- ' r..-, ltalk711;. ' Ky. 4`• YAY.t. f ' * - • `• J ' 'M+l: , f - `icy �. y 4 't Y4,. p�f +x �� w s-- �`w,. _ . _ # ell • e .— . ".*::.":""• • . .... ...., ♦ , y 4f)4* -'' . A :. ‘.. t e t. .•1, ,� e �'♦ ` 5't d.is'. • •11, ai f ,-4 1F 7yf k. ff • +fpj., '. ••--- 4:• • -. �• ,11i.• ,yam q. _S;. R • ,4 #..,..:) i - _ -h ,i.l 'or "_�. :ti'',-.7 `C`t ..sM' 9 MEND TO: Jock Robertson and Nasim Qureshi ',FAO FROM: Jim Robinson ' , MEMO DATE: May 30, 1986 • MEI{) SUBJECT: 6132 Central Ave. My previous memo of May 27, 1986 to you on this subject states that Mr. Pierce had witharawn his request to have the HRA purchase his property and had requested to rezone the area to R-3 and construct a condominium on the property. However, this morning Mr. Pierce phoned and has changed his mind and is again requesting that the HRA purchase his land for $32,130.00. The following is a summary of past action and details related to the property: ,February 28. 1986 Mr. and Mrs. Garry Pierce requested that the City of Fridley Housing and Redevelopment Authority purchase Lot 5 , Auditor's Subdivision 88, from them for $45,000. At that time, I informed them that the HRA does not have an active acquisition program for that area. March 13. 1986 The HRA reviewed the purchase request but took no action on it. The indicated price was higher than previous acquisitions in that area, ie: the Weitnauer lot, at 6391 Central Ave. , which the Housing and Redevelopemnt Authority purchased last April for $ 14,000 was roughly $.85 a square foot as well. Flay 15. 1986 I received a subsequent letter frau the Pierce's requesting $.85 per square foot. The Assessors Office estimated the property to be 37,800 sq. tt. in area, which would be a cost of $32,130. The property is directly adjacent to the Saliterman property and is zoned R-l. Tne assessed value of the property is $21,000 and there are $1,950.34 of special assessments on the property. A map of the area is attached. I informed Mr. Pierce that I would try to have his request placed on the June 12 HRA Agenda. 3/5/25/10 M-86-108 (.1:' it - •;, . . zri,: t: C� 1•;. f1�`J ) 73 1/ 385 114 o3 I v W ; 44.3( . f. e .u,,, _ �. �,. .. ,-,...../ ,/,• .li 1 V . 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O ('315 /o• _imp, ` I,.it Y i 'c t4 ,',5-' "` : - - : RICE 4CREEK ROAD '''i. fa ,A` i (eZ41 !�4 0 0 :..,.... 7 i t i? 1370 I L 0 O•• ,//' LZBj s t 1 I 10 1/2� • , ° go �,,, �..��( Uri► -�, j • z i ti • �2" - j 16 1 15 ' i — �1.71 • a , r I .7 4z45 _ I I s 1• I I Q!. �._ fq i /AA' J� •• I t Y ,- I • J. 0 a , 6 Z1-4 �,,N.� -5 t O AUD. 19 '•N`. , �: i t , 0I v,L4 /lav, Z • ; i 4 6 � /�mit G ,,K 1 ,••• - >' 20 SUB• .• /i •'; • 0 L 0 - I (.2c...2) 1 iNE AT HE R P1,ACE I . ri 5 NEL I , Z e(,i0 ��41 f �� '0 ;$ 1 f01 V ' �( /400 • • .Nq.88 • c iti Q • ( )41 7 • , t ' W•fG6/1( I? 31 _ t 50150 413oc. �I (,lIS _ i r:«.� . 4iLa `1' 5 6 - - !0 41.0 btaa ► -S '' 1fr, ti �OY LA. s ,,., , --LAKE s• ) Orf .y c) t ' r ii .� `j ; I. -`. - i 1.,0q5 NO. 41 < --#..,.;, 41/6;, �, .. , 4 3 ' .y . ' " d I LJ. o.rt c+ QM. S C. /,3 - HILL 9B toe&)z-e q /30‹ /S2_ B is et-r-c 14, /Q Max /37 /9 ,-6 ,41/c Gq-3/ Uh ; verr; sL7 Fc--; d I , .. S S 32 (� ea r , - ss,`o l @ r3' ,s ; .0-fri rr✓J C Cif= urchGs Lo S /4c cC(, 7`ers �u [ted; v� car r f=r ;ci I Q y, i).-7 ✓r toss 0 -Li oP e r- [,✓ ; lz C; l--ri O� O� !/t o J� c� 1; c �� GwI y ca-4 ; Sy Te res a ?s re r- sq a r-e- • + rr-7 cAsa 61 c,z - A-C+ G- 3 7 PO D at c c o- 40 1 ssco-r 4r- a — l 0f1 32 /30 Ggsl-, CC- /1,7 V ( '70 0 z z 3 - (o 9C Sar- , '0 4 k q, g&X C3;svi.ca cc (, A D. s"--fFs c' February 26P; /9f o cf `,-;cd(ey v C .L � Nr'"�,� reyuFST" ���4 Y � � LUp Au c(,' S t 6u;V;riGLi•ti ?✓ C; G F/^�dC�y M/�'t v? LAS (71 C St ( �, Gl�si�tG 1`] WINFIELD DEVELOPMENTS, INC. 5780 Lincoln Drive, Edina, Minnesota 55436 Telephone(612) 938-8661/TWX: 910-576-3137 June 5, 1986 • Mr. Nasim Qureshi City Manager City of Fridley 6431 University Avenue North East Fridley, Minnesota 55432 Re: Fridley Business Plaza Dear Mr. Qureshi: Please allow this letter to clarify and summarize our recent discussions and the City actions regarding Winfield's proposed Fridley Business Plaza. First, Applications for Variances and a Special Use Permit have been approved. Approval for the Watershed District Permit has also been obtained. Second, the City Council has adopted a Preliminary Resolution regarding the issuance of $3,000,000 in Industrial Development Bonds (IDBs). At present we are unable to make application to the State of Minnesota for the IDB Allocation until after September 30, 1986 due to the fact that the Project is not a manufacturing business, an energy related project or is it located in a redevelopment district. Third, as I indicated, we have just recently been made aware of a significant soil problem at this site (see attached Soil Report Exhibit A). The estimate, furnished by contractors, to correct the soil is in excess of $116,000. This cost coupled with the already high cost of this Project, creates a serious problem in terms of financial feasibility. As indicated in our previous discussions, Winfield would like to request some assistance from the City in order that we may move ahead with this Project. Specifically, Winfield would like to request the following actions and assistance: 1) That the property be placed in a redevelopment district or that a finding be made that the Project area could meet the criteria for inclusion in a redevelopment district. This finding would allow Winfield to use the approval for IDBs already granted by the City Council to make application to the State of Minnesota. At the State we would still have to compete for the State IDB allocation. Our understanding of the criteria for establishment of a redevelopment district is that this Project would easily qualify given the high soil correction cost as compared to the property value. We feel it is imperative that the IDBs be obtained at the State now for the following reasons: WINNIPEG • REGINA • SASKATOON • MINNEAPOLIS 13A Page 2 Mr. Nasim Qureshi June 5, 1986 a) The Project feasibility is severely damaged without • the lower interest rate attainable through the IDBs. b) If forced to wait until after September 30th to apply to the State there is a good probability that the State allocation will already be distributed to other projects in other communities. c) The tax law currently discussed in Congress raises the concern that IDBs may be totally eliminated on January 1, 1987. 2) That 3% of the Project value be provided for soil correction assistance. On an approximately $3,000,000 project this would amount to about $90,000. This amount creates a Project value to assistance ratio of about 30 to 1 and looked at in another way amounts to about one year's taxes on this Project. 3) That the above request be considered for Concept Approval by the Fridley Housing and Redevelopment Authority at their meeting of June 12th and by the City Council (assuming this is the correct procedure) on June 16, 1986. Previously summarized, we are at an impasse at present on the Project due to some very real problems. The assistance requested is vital to this Project. If the City can help in the manner requested we are prepared to move at once to commence the Project. If I can be of any further assistance or answer any questions please feel free to call me at 938-8661. ncerely, James F. Winkels //Project Manager v JFW/bl cc James Casserly, Miller & Schroeder James O'lIeara, O'Connor & Hannan ll • CLAIMS 1480 RESOLUTION NO. HRA 8 - 1986 Resolution Relating to Assisting Winfield Developments, Inc. , in Obtaining an Industrial Development Bonding Allocation . 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 . ( a ) Winfield Developments, Inc. , a Minnesota corpor- ation , has requested and received preliminary ap(,rc" J from the City of Fridley for commercial develutent revenue bonding in an amount not to exceed $3 , 000 , 000 for a proposed 55 , 000 square foot multi-tenant industrial/commercial facility proposed to be located within the City in the southeast quadrant of the inter- section of 73rd Avenue and University Avenue. (b) Winfield has also requested that the City assist it in obtaining necessary industrial development bonding allocation for the above-mentioned project , which allo- cation is generally governed by Minnesota Statutes ( 1986 ) , Chapter 474A ( the "Bonding Allocation Act " ) . (c ) A "commercial redevelopment project , " as defined in the Bonding Allocation Act , receives favorable con- sideration for being awarded bonding allocation authority for that project . (d ) Under Section 474A. 02 , Subdivision 5 (a ) cf the- Bonding Allocation Act , a project qualifies as a commercial redevelopment project if its site would qualify as a redevelopment tax increment financing district under Minnesota Statutes , Section 273 . 73 , Subdivision 10 , whether or not the project site is actually included within a tax increment financing district . (e ) Winfield has presented to the City information regarding the soil conditions of its intended project site which indicate that soil corrections costing in excess of $115 , 000 will be required to prepare the site for the construction of the intended project . - 1 - ( f ) Under Section 273.73, Subdivision 10 (a ) ( 3 ) , a project site can generally qualify for designation as a redevelopment tax increment district if the sum of the fair market value of the unimproved site, plus the costs of soil corrections exceed the fair market value of the site when the soil corrections have been completed . (g ) Winfield has supplied or will be supplying the City with information indicating that the making of the above-mentioned soil corrections would not increase the market value of the project site by the full cost of making those soil corrections . (h ) On the basis of the foregoing information, and solely for the purpose of assisting Winfield to obtain necessary bonding allocation authority for the project , Winfield has asked the City to declare that its project site would qualify as a redevelopment tax increment financing district, within the meaning of Section 273 . 73 , Subdivision 10 (a ) ( 3 ) . 2 . The Board hereby advises the Fridley City Council that it has no objection to the City assisting Winfield Developnents to obtain the necessary industrial development bonding allocation in the manner and to the extent provided above in this resolution . The Board understands that the City is not contemplating actually designating or asking the Authority to designate the Winfield project site as a tax increment financing district . 3 . The officers of the Authority are hereby instructed to transmit a copy of this resolution to the members of the Fridley Cit •. Council or otherwise inform such Councilmembers of ' hc content hereof . Adopted this 12th day of June, 1986 . - 2 - 06-12-86 CHECK REGISTER PAGE 1 FRIDLEY STATE BANK - HRA DESCRIPTION VENDOR INV. # AMOUNT 1480 ***CHECK PREPAID*** OLSON, GUNN AND SERAN, LTD. $ 238. 30 LEGAL SERVICES TOTAL CHECKS $ 238. 30 06-12-86 CHECK REGISTER PAGE 1 FRIDLEY STATE BANK - HRA DESCRIPTION VENDOR INV. # AMOUNT 1480 ***CHECK PREPAID*** OLSON, GUNN AND SERAN, LTD. $ 238. 30 LEGAL SERVICES TOTAL CHECKS $ 238. 30