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05-25-1982 HR MIN SPECIAL MINUTES OF A SPECIAL MEETING OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF ELK RIVER May 25 , 1982 Time & Place - 7 : 30 p . m. at Elk River City Hall Present - Commissioners Duitsman , Hinkle , Schumacher , Toth and Tracy Absent - None Also Present - Bob Middaugh , Zack Johnson , Glen Ertel , Mel Boyd , Mike Rivard and Dick Krier (the last 4 representing Elk River Redevelopments , Inc . ) Minutes Minutes of the 3/8/82 meeting were approved as distributed . Financial Report - A $988 payment to Zack Johnson & Associates , Inc . was approved . This payment being the remaining balance due under the 8/4/81 agreement for downtown redevelopment planning services . Elk River Redevelopments , Inc . Proposal - The Chairman introduced the following individuals representing Elk River Redevelopments , Inc . Glen Ertel - Owner Mel Boyd - Employee Mike Rivard - Consultant , Own Account Dick Krier - Consultant , Westwood Planning and Engineering Co . These individuals had met with the HRA Financial Advisory Committee ( Don Schumacher, Dick Hinkle , Bob Middaugh and Zack Johnson ) on April 19 , 1982 as provided under HRA Policies and Procedures adopted at the July 21 , 1981 HRA meeting . The Committee reviewed the redevelopment proposal and agreed to bring it to the HRA for consideration . The redevelopment proposal dated May 19 , 1982 was presented and discussed . Essentially , the proposal is to redevelop the present City Hall building and build another office/retail building on the East side of the present building . Tax Increment Financing would be used to provide funds for site acquisition and construction of a new City Hall . Because of changes in the TIF law effective July 1 , 1982 , the TIF district has to be certified by June 30 , 1982 in order to qualify as proposed . Bob Middaugh reported that at a meeting on May 20 , 1982 the City Council identified three sites for consideration as possible sites for a new City Hall . Those three are ( 1 ) the "old " county courthouse site , (2 ) the Johnson property site at Lowell and Main , and ( 3 ) a site North of the Cloverleaf building on Jackson . -2- The discussion of the proposal included the p p u th following considerations . 1 . Project viability - in terms of location , absorption , impact of other proposed developments , access , intersection control , etc . 2 . Legislative intent relative to TIF - i . e . the legislature did not intend that TIF be used for public buildings and made that intention law effective July 1 , 1982 . 3 . June 30 , 1982 deadline for certification of a TIF district - limits the time to consider the proposal , arrive at a redeveloper ' s agreement , secure a site for a new City Hall, etc . 4 . City Council decisions required - new City Hall and relocation of the street maintenance department require significant long-term decisions which are difficult in any case , but more so in light of the time constraint of June 30 , 1982 . 5 . New City Hall site - potentially involves the possibility of condemnation proceedings . 6 . Impact on other downtown redevelopment projects - i . e . the HRA plan places priority on central business district sites and this project would tend to pre-empt other possibilities downtown . • 7 . Chairman Schumacher presented rough calculations suggesting that the available TIF reveneues would finance approximately $100, 000 for site acquisition and construction of a new City Hall . The developer suggested the amount would be between $300 , 000 and $400 ,000 , but did not present specific calculations . The HRA Commissioners also raised the issue of the developer ' s experience and financial capacity, but did not pursue the subject . Elk River Redevelopments , Inc . requested designation as the tentative developer and authorization to proceed with a TIF plan . No action was taken on the request . The HRA Commissioners agreed to continue the meeting to Thursday , June 10, 1982 with the developer ' s understanding that preliminary numbers would be prepared on the basis that TIF would be used for the present City Hall site only , i . e . foregoing the possibility of using TIF directly to finance a new City Hall . Proceeds from possible sale of the site to the developer would then be available to finance a new City Hall . Downtown Redevelopment Plan On March 8 , 1982 the HRA adopted the Downtown Redevelopment Plan 411 in draft form for presentation to the City Council and public hearing . The City Council held the public hearing and formally adopted the plan on April 5 , 1982 . -3- On motion unanimously passed , the HRA adopted the Elk River Downtown Redevelopment Plan in final form as previously adopted by the Elk River City Council on April 5 , 1982. On motion unanimously passed , the HRA authorized the preparation by Zack Johnson & Associates , Inc . of an additional 10 copies of the Elk River Downtown Redevelopment Plan . Such copies to be made available to the public at the approximate reproduction cost of $20 each . Next Meeting - Thursday , 6/10/82 Adjournment - 11 : 30 p.m. Donald A . Schumacher , Chairman