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06-01-1994 HR MIN MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL WEDNESDAY, JUNE 1, 1994 Members Present: Chair Schuldt, Commissioners Kropuenske, Hinkle, and Toth Members Absent: Commissioner Duitsman Staff Present: Bill Rubin, Executive Director 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authority was called to order at 7:00 p.m. by Chair Schuldt. 2. Consider June 1, 1994, HRA Agenda COMMISSIONER HINKLE MOVED TO APPROVE THE 6/1/94 HRA AGENDA. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3. Consider May 11, 1994, HRA Minutes • COMMISSIONER HINKLE MOVED TO APPROVE THE 5/11/94 HRA MINUTES AS PRESENTED. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 4-0. 4. Open Mike No one appeared for this item. 5. Public Hearing: Grant Request to T.J. Properties Because of the circumstances explained at the May 11, 1994, HRA meeting, Commissioner Hinkle excused himself from the dais and found a seat in the audience. He refrained from any discussion on this topic. Bill Rubin provided an overview of the redevelopment project proposed at 403 Main Street. T.J. Properties, a Minnesota General Partnership, comprised of Mr. Jerry Smith and Mr. Timothy Smith, are proposing to construct a two-story office building at the corner of Main Street and Freeport Avenue. An existing single family home will be moved from the site, and, T.J. Properties is requesting a redevelopment grant from the HRA for costs associated with on site utility extensions, site grading, site preparation, foundation removal, fill, and compaction costs. Mr. Jerry Smith reviewed the project with the HRA Commissioners. A two-story • building,with an exterior of stucco brick, is proposed for the site. T.J. Properties will lease the building to Century 21 White Dove, T.S. Construction, and perhaps Housing and Redevelopment Authority Meeting Page 2 June 1, 1994 another tenant. The finished market value of the project is estimated at$275,000. • Mr. Smith explained that the existing single family home will be moved to a site in Zimmerman, but the redevelopment grant will cover site preparation costs that are unique to this site. Chair Schuldt opened the public hearing. There being no one in attendance to speak, Chair Schuldt closed the public hearing. Prior to the motion and subsequent vote, Commissioner Kropuenske stated the following clarification of the record: Duane E. Kropuenske is an officer and director at First National Bank of Elk River. Both Jerry Smith and Timothy Smith bank at First National and are customers of the bank. Commissioner Kropuenske will vote on this issue and does not see a conflict of interest here as the loan demand for projects like this in Elk River are high. COMMISSIONER TOTH MOVED TO APPROVE A REDEVELOPMENT GRANT UP TO $19,500 TO T.J. PROPERTIES TO ASSIST WITH SITE PREPARATION COSTS ASSOCIATED WITH THE CONSTRUCTION OF AN OFFICE BUILDING AT 403 MAIN STREET. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 3-0. 6. Redevelopment Agreement with T.J. Properties Bill Rubin reviewed the draft of the Redevelopment Agreement by and between the Elk River HRA and T.J. Properties. He stated that this agreement has been modeled after an agreement used by the City and the HRA for the Dennis Chuba projects at Main Street and Evans Avenue and Main Street and Freeport Avenue. • He advised the Commissioners of the following changes: a.) the commercial appraiser in the County Assessor's office has estimated the finished market value for tax purposes at$275,000; b.) T.J. Properties is a Minnesota General Partnership, not a Minnesota Corporation; c.) Mickie Smith is not a partner in T.J. Properties, and therefore,will not be executing this agreement. Bill Rubin further explained that while the agreement is with T.J. Properties, Timothy Smith and Jerry Smith would also be signing the agreement in order to personally guaranty the performance of T.J. Properties. COMMISSIONER KROPUENSKE MOVED TO APPROVE THE DEVELOPMENT AGREEMENT WITH T.J. PROPERTIES SUBJECT TO THE CHANGES NOTED BY BILL RUBIN. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 3-0. At this time, Commissioner Hinkle returned to the Council dais. 7. Construction Plans for Public Improvements at the former City Hall Site At this time, HRA Commissioners reviewed the construction plans for the surface improvements proposed at the former City Hall site located at US Highway 10, Main Street, and UPA Drive. These plans were prepared by Terry Maurer of MSA Consulting Engineers. Bill Rubin explained that the City Council accepted a construction bid and authorized the execution of a contract with Forest Lake Contracting, Inc., for the internal and external street improvements associated with the Elk Park Center project. Mr. Maurer is suggesting that the HRA negotiate a change order with Forest Lake Contracting for the improvements planned at Housing and Redevelopment Authority Meeting Page 3 June 1, 1994 • the former City Hall site. Mr. Maurer has estimated these improvements at $60,000-$70,000. COMMISSIONER TOTH MOVED TO AUTHORIZE TERRY MAURER AND BILL RUBIN TO NEGOTIATE A CHANGE ORDER WITH FOREST LAKE CONTRACTING, INC., COVERING THE PROPOSED SURFACE IMPROVEMENTS (CURB, ACCESS, PARKING LOT, ETC.) TO THE FORMER CITY HALL SITE. COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 3-0. Commissioner Kropuenske abstained. At this time, Commissioner Kropuenske gave an update on the Chamber's office project at the former City Hall site. He stated that the excess fill material on UPA Drive had been removed to accommodate UPA's proposed improvements to said UPA Drive. to addition, the office area will be backfilled, and, by next week, John Weicht, Dennis Chuba, and Christian Builders will likely volunteer labor to set the deck on the office area. Once this is finished, internal improvements to the office can begin. The Chamber hopes to occupy its new office space by mid August. At this time, Chair Schuldt provided the Commissioners with an update on the American Legion Veteran's Memorial. He stated that initially, the American Legion had also looked at the former City Hall site as a location for its memorial. He stated that the Legion has identified another site along US Highway 10 that is owned by MnDOT. The Legion hopes to negotiate with MnDOT to enable the siting of a Veteran's Memorial at this location. • 8. Other Business There was no additional business. 9. Adjournment There being no further business, COMMISSIONER HINKLE MOVED TO ADJOURN THE MEETING. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0. The meeting of the Elk River Housing and Redevelopment Authority was adjourned at 7:30 p.m. Respectfully submitted, /1\1116A.-. William Rubin Executive Director