Loading...
HRAA09/05/2024-regular Housing & Redevelopment Authority Regular Meeting September 05, 2024 7:00 PM Fridley City Hall, 7071 University Avenue N.E. Agenda Call to Order Roll Call Action Items 1.Approval of Expenditures 2.Approval of the Minutes from the HRA Meeting of June 6, 2024 3.Approval of HRA Tax Levy for Taxes Payable in 2025 4.Authorization to Issue Request for Qualifications Seeking Developer for Central & Mississippi 5.Approval of Resolution 2024-04 Supporting Reconnecting Communities Grant Application 6.Collateral Assignment of TIF Sherman Associates 7.Approval of HRA Meeting Dates for 2025 Informational Items 8.Update on Housing Programs Adjournment Accessibility Notice: If you need free interpretation or translation assistance, please contact City staff. Si necesita ayuda de interpretación o traducción gratis, comuníquese con el personal de la ciudad. Yog tias koj xav tau kev pab txhais lus los sis txhais ntaub ntawv dawb, ces thov tiv tauj rau Lub Nroog cov neeg ua hauj lwm. Haddii aad u baahan tahay tarjumaad bilaash ah ama kaalmo tarjumaad, fadlan la xiriir shaqaalaha Magaalada. Upon request, accommodation will be provided to allow individuals with disabilities to participate in any City of Fridley services, programs or activities. Hearing impaired persons who need an interpreter or other persons who require auxiliary aids should contact CityClerk@FridleyMN.govor (763) 572-3450. 1 Jufn!2/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Approval of Expenditures Background Attached are the check reports for the monthsof June -August2024. Recommendation Staff recommend the HRA approve the expenditures for the periodJune1 through August 30, 2024. Attachments and Other Resources Check Reports Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 2 Jufn!2/ 3 Jufn!2/ 4 Jufn!2/ 5 Jufn!3/ AGENDA REPORT Meeting Date:September5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Approval of the Minutes from the HRA Meeting ofJune 6,2024 Background Recommendation Staff recommends the HRA approve the minutes from the meeting of June 6, 2024. Attachments and Other Resources HRA Minutes June 6, 2024 Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 6 Jufn!3/ Housing and Redevelopment Authority June 6,2024 7:00 PM Fridley City Hall, 7071 University Avenue NE Minutes Call to Order Chairperson Showaltercalled the Housing and Redevelopment Authority meeting to order at 7:00 p.m. Present Elizabeth Showalter Gordon Backlund Rachel Schwankl Kyle Mulrooney Absent Troy Brueggemeier Others Present Paul Bolin, HRA Assistant Executive Director Vickie Johnson, DevelopmentConsultant Action Items Chairperson Showalter presented a certificate of recognition to Commissioner Mulrooney as this is his last meeting. Commissioner Mulrooney commented that it has been an honor to serve with Commissioners past and present. He was proud of the work the Commission has done for the community in the past seven years he has been on the HRA. 1. Approval of Expenditures Motionby Commissioner Mulrooneyto approve the expenditures. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chair Showalterdeclared the motion carried unanimously. 2.ApprovalApril 4,2024, Meeting Minutes Motionby Commissioner Backlundto approve the meeting minutesof April 4,2024as presented. Seconded by Commissioner Mulrooney. Upon a voice vote, all voting aye, Chair Showalterdeclared the motion carried unanimously. 3.Annual Election of Officers 7 Jufn!3/ Housing and Redevelopment Authority 6/6/2024 Minutes Page 2 Paul Bolin, Assistant HRA Executive Director, commented that annually Officers are elected to serve a one-year term and reviewed who the current officers were. He recognized that Commissioner Brueggemeier was not present tonight but noted that he did speak with him, and he was interested in continuing to serve as Vice Chair. Motion by Commissioner Backlund to elect Elizabeth Showalter as Chair and Troy Brueggemeier as Vice Chair of the Housing and Redevelopment Authority to serve through June 2025. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 4. Public Hearing and Resolution No. 2024-02, Authorizing Land Transfer to City of Fridley (5707 West Moore Lake Drive) Paul Bolin, Assistant HRA Executive Director, Bolin provided background information on the purchase of three parcels located along the south shore of West More Lake for the purpose of constructing Medtronic Parkway. He commented that the remnant parcels are not large enough to support development and are further restricted in use because they were obtained through eminent domain. He stated that staff recommends transfer of those parcels to the City. The City will ensure public ownership is maintained and will also take over the maintenance of the parcels. Commissioner Schwankl asked if any thought had been put into deterring geese. Mr. Bolin replied that there is only a small area that is mowed and therefore the geese do not often access this area. Commissioner Schwankl commented on her experience with geese in the roadway in that area. She asked if the City has considered any type of use such as public art or a fishing pier. Mr. Bolin commented that the plan at this time would be to continue to maintain the land in the same way it has been, but recognized that this is a new discussion that could evolve. He noted the recent inception of the Public Arts Commission and perhaps this would be a good location to consider. Commissioner Backlund commented that they have had luck using swan statues to deter geese. Chairperson Showalter opened the public hearing. There were no comments. Motion by Commissioner Backlund to close the public hearing. Seconded by Commissioner Schwankl. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. Chairperson Showalter commented that this makes a lot of sense, as HRA funds would no longer be used to maintain this parcel. Motion by Commissioner Mulrooney to adopt HRA Resolution 2024-02 Authorizing Transfer of Property to the City of Fridley. Seconded by Commissioner Backlund. 8 Jufn!3/ Housing and Redevelopment Authority 6/6/2024 Minutes Page 3 Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. 5. Collateral Assignment of TIF Sherman Associates Paul Bolin, Assistant HRA Executive Director, commented that Sherman Associates is refinancing two of its buildings, and the new lender requires collateral assignment of TIF, which is a common practice. He stated that legal counsel has reviewed the document and staff recommends approval. Commissioner Showalter asked if the income requirements and age restrictions would be tied to the land. Mr. Bolin commented that these are market rate buildings, one of which the owner has chosen to market to seniors. No other restrictions exist other than what the property owner has assigned themselves. Motion by Commissioner Schwankl to approve the collateral assignment as presented. Seconded by Commissioner Mulrooney. Upon a voice vote, all voting aye, Chair Showalter declared the motion carried unanimously. Informational Items 6. Update on Housing Programs Paul Bolin, Assistant HRA Executive Director, summarized the HRA loan program and other housing program activity for the month of May, also providing year-to-date information. He stated that the next meeting of the HRA will be a joint work session with the City Council on July 8. Commissioner Schwankl asked for more information on the Home Enery Squad visits and Front Door grant projects. Mr. Bolin provided additional details on those programs. Chairperson Showalter asked if the suggested change to include some costs for labor related to painting has become effective. Mr. Bolin commented that was approved but was tied to income. Staff has not developed a good way to request and determine that information. Adjournment Motion by Commissioner Backlund to adjourn the meeting. Seconded by Commissioner Mulrooney. Upon a voice vote, all voting aye, Chairperson Showalter declared the motion carried and the meeting adjourned at 7:20 p.m. Respectfully submitted, Paul Bolin, Staff Liaison 9 Jufn!4/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Joe Starks, Finance Director Paul Bolin, Assistant Executive Director Title Approval of HRA Tax Levy for Taxes Payable in 2025 Background Since 1996, the HRA has utilized a tax levy to help support its housing rehabilitation programs. In accordance with Minnesota Statute, 469.033, the Authority is seeking to levy the statutory maximum, equal to .0185% of the estimated market value of all real estate and personal property. The tax levy will allow the Authority to collect approximately $810,030based on an estimated market value of $4,378,541,100, an increase of approximately $57,351more than last year. In terms of the impact on taxpayers, the levy would cost approximately $53per year for the median valuehomeowner (valued at $288,900)and $185 per year for a commercial property valued at $1,000,000. The revenues raised by the levy are directed towards ongoing and future redevelopment priorities. State Statutes require the consent of the City Council, prior to the tax levy becoming effective. The City Council will act on this item on September 23rd. As a final note, the HRA tax levy will be certified to the County Auditor by September 30, 2024. Recommendation Staff recommends the Authority approve the attached resolution, adopting a 2024Tax Levy, collectible in 2025. Attachments and Other Resources HRA Resolution No. 2024-3Adopting a 2024Tax Levy Collectible in 2025 Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 10 Jufn!4/ HRA RESOLUTION NO. 2024-03 RESOLUTION ADOPTING A 2024 TAX LEVY COLLECTIBLE IN 2025 BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority"), as follows: Section 1. Recitals. 1.01. The Authority is authorized by Minnesota Statutes Section 469.033 to adopt a levy on all taxable property within its area of operation, which is the City of Fridley, Minnesota (the "City"). 1.02. The Authority is authorized to use the amounts collected by the levy for the purposes of Minnesota Statutes Sections 469.001 to 469.047 (the "General Levy"). Section 2. Findings. 2.01. The Authority hereby finds that it is necessary and in the best interests of the City and the Authority to adopt the General Levy to provide funds necessary to accomplish the goals of the Authority. Section 3. Adoption of General Levy. 3.01. The following sums of money are hereby levied for the current year, collectible in 2024, upon the taxable property of the City for the purposes of the General Levy described in Section 1.02 above: Total General Levy: .0185% of Estimated Market Value Amount: Maximum Allowed by Law Section 4. Report to City and Filing of Levies. 4.01. The Executive Director of the Authority is hereby instructed to transmit a certified copy of this Resolution to the City Council for its consent to the General Levy. 4.02. After the City Council has consented by resolution to the General Levy, the Executive Director of the Authority is hereby instructed to transmit a certified copy of this Resolution to the County Auditor of Anoka County, Minnesota. Passed and adopted by the Housing and Redevelopment Authority in and for the City of th Fridley this 5 day of September, 2024. ________________________________________________ Attest: Elizabeth Showalter - Chairperson _______________ Walter T. Wysopal Executive Director 11 Jufn!5/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Authorization to Issue Request for Qualifications Seeking Developer for Central & Mississippi Background Over the past several months, the Authority and City Council have met in a series of work sessions to discuss potential development options for the 5.2 acres the Authority acquired at the SE quadrant of Mississippi Street and Central Avenue. Market conditions, combined with soils and a high water table make the site an ideal candidate for slab on grade homes. Theseslab on grade, owner-occupied, single- family homesare Staff is recommending, as we have done on previous projects, that the Authority issue a Request for Qualifications (RFQ) to start the process of selecting a development partner for the site. The intent of l capability to accomplish the The RFQ will seek the following information: 1.Developer name, address, contact person, e-mail address, website, phone and fax numbers. 2.Name of proposed project manager and resume of experience. 3.Names, addresses, e-mail address, website, and phone and fax numbers of architects, planners, market consultants, salesagents, or other contractors anticipated for the project. Include resumes of key individuals. 4.ception of the market potential for the project area. The discussion should include potential unit prices, values, amenities, density and other relevant information. 5.Description of experience in working with the public sector. 6.Provide two bank references including the name of the bank or financial institution, address, phone and fax numbers, and contact person. 7.Provide a current financial statement of the developer and partners (this information should be in a separate envelope labeled HRA Attorney and willbe kept confidential). 8.Brief description of what, if any, assistance the developer would anticipate from the City/HRA with respect to public improvements, site improvements, environmental assessments and related expenses. 9.Description of representative development projects completed within the last three years. For two of renderings, project pro formas, etc. Developers might select these two projects based on their Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 12 Jufn!5/ similarity to this RFQ, uniqueness of design, involvement of the public sector or other similar components. 10. Provide three references from city officials of completed development projects, described in question #9 or similar projects. 11. Provide any other information that might be relevant to the Project. complete, check references and financial strength of the developers. Once a list of qualified developers is established, they will be invited to a joint City Council / HRA workshop to be interviewed. A second round of interviews may be held if there is not a clear top choice, or if additional information is sought by either body. The proposed timeline for moving the project forward is: Issue RFQ September 23, 2024 Pre-proposal meeting October 10, 2024 RFQ October 25, 2024 Staff review Early November, 2024 Developer Interviews November December, 2024 Developer Selection December 2024 Development contract January February 2025 Site & building plan development - January February 2025 City Land Use Approvals (Plat, Master Plan) February May 2025 Potential Construction Start May September 2025 Recommendation Staff recommends a simple motion granting approval to issue the Request for Qualifications. Attachments and Other Resources None Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 13 Jufn!6/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Approval of Resolution 2024-04 Supporting Reconnecting Communities Grant Application Background The City of Fridley is requesting $23.2 million from the Reconnecting Communities Pilot (RCP) Grant Program to connect two historically divided neighborhoods through the construction of a roadway connection overpass of the BNSF Northtown Yard. The proposed multimodal bridge will carry a two- lane roadway and 10-foot shared use paths on both sides. The project also includes a roundabout on the east side of the railyard. The improvements will improve connectivity and safety, allowing low incomeand minority apartment residents to the west to access grocery, job and other essential services in addition to incoming bus rapid transit development on University Ave NE. Residents of the east side will gain safe access to additional jobs and the waterfront parks system, including the Mississippi Regional Trail.The project has been in the planning stages since 2012 and extends 57th Avenue over the BNSF Northtown Yard. During the past two rounds of funding, the City scored extremely high, but were not awarded funding. The grant requires a 50% match, which we intend to obtain from the State of Minnesota this upcoming legislative session. In order to strengthen our application, it has been advised that we show more potential funding commitment from the City. The attached resolution would make up to $6M available, from the HRA General Fund, to fill any gaps in the required match. Again, it is our intention to use State of Minnesota and other Federal funds to fill the gap butare showing the grant reviewers how important the project is to the City of Fridley by offering a resolution of support. Recommendation Staff recommendsapproval of Resolution 2024- Grant Application. Attachments and Other Resources Resolution 2024-04 Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 14 Jufn!6/ Resolution No. 2024-04 GRANT PROGRAM APPLICATION Whereas, the City of Fridley is applying for the Reconnecting Communities Pilot Grant Program; and Whereas, the City of Fridley Northtown Railyard Overpass Connector is an important linkage in the community that would connect residents to jobs, groceries, medical care, and other services; and Whereas, the City of Fridley intends to use State of Minnesota funds for the 50% match requirements; and Whereas, the has the ability to provide up to a 20% match ($6,000,000) if the full amount is not available from the State of Minnesota or other sources. Now, therefore be it resolved, that the Authority expresses its full support for the City of Fridley's application to the Reconnecting Communities Pilot Grant Program for the Northtown Railyard Overpass Connector project. Be it further resolved, that the Authority recognizes the significant community benefits this project will bring by improving connectivity and access to essential services for Fridley residents. Passed and adopted by the Housing & Redevelopment Authority in and for the City of Fridley this 5th day of September, 2024. _______________________________________________ Elizabeth Showalter - Chairperson Attest: _________________________________________________ Walter T. Wysopal - Executive Director 15 Jufn!7/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Collateral Assignment of TIF Sherman Associates Background Sherman Associates is refinancing the Altair (Market Rate) and Aura (Senior) apartment buildings at the Northstar Station site. The new lender, like the current lender, requires a collateral assignment of the TIF. As per the development agreement, this change requires the approval of the Authority. The owner of the TIF Note desires to use any proceeds the owner receives under the TIF Note as additional collateral for a loan, by executing a Collateral Assignment document in favor of its lender. This document allows any payments made under the TIF Note to be utilized by the lender to satisfy the owner/lender, for example, if the owner/borrower defaults in its loan obligations. In that instance, the lender provides notice to the HRA of a default, and thereafter the HRA makes payments to the lender instead of to the owner/borrower, and the owner/borrower agrees that such direct payments by the HRA are proper. The consent process is required so that the HRA receives copies of the proposed collateral assignment document, receives copies of the requisite notices,and is aware at all times to whom it has authority to make such payments. The Authority approved the same request in June. Sherman did not move forward with refinancing at that time. Sherman has found a new lender, with more favorable terms, and intends to close in mid- September. Recommendation Staff recommendsa simple motion grantingapproval ofthe collateral assignment. Attachments and Other Resources None -Collateral assignment is being reviewed by attorneys and will be available prior to the meeting. Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 16 Jufn!8/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Approval of HRA Meeting Dates for 2025 Background The HRA typically meets the first Thursday of each month. For 2025, those dates are listed below: January 2, 2025 February 6, 2025 March 6, 2025 April 3, 2025 May 1, 2025 June 5, 2025 July 3, 2025 August 7, 2025 September 4, 2025 October 2, 2025 November 6, 2025 December 4, 2025 Recommendation Staff recommends approval of the proposed meeting dates. Attachments and Other Resources Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 17 Jufn!9/ AGENDA REPORT Meeting Date:September 5, 2024 Meeting Type:Housing & Redevelopment Authority Submitted By:Paul Bolin, Assistant Executive Director Title Update on Housing Programs Background On a monthly basis, staff will provide updates from loan programsandremodeling advisor visits. Attachments and Other Resources Chart of Loans Issued and Remodeling Advisor Visits Vision Statement We believe Fridley will be a safe, vibrant, friendly and stable home for families and businesses. 18 Jufn!9/ 14 18 1 51 0.00 00 0.00 0.00 0.00 00 00 104553.53 413 355191.53 0.00 01 5000.00 0.00 01 19413.00 0.00 00 0.00 0.00 00 0.00 0.00 00 0.00 0.00 01 36258.82 0.00 05 68949.62 484812.97 104553.53 421 17960.00117960.001 17960.0017960.001 1 19 Jufn!9/ 2090.91 13.13 / 14.55 13.13 14.55 412.50 13.13 13.13 13.13 / 26.25 13.13 13.13 26.25 13.13 515.63 13.13 26.25 26.25 13.13 26.25 13.13 26.25 20