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02-23-1998 HR MIN • MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, FEBRUARY 23, 1998 Members Present: Chair Kropuenske; Commissioners Toth, Hinkle and Wilson. Commissioner Farber arrived at 5:15 p.m. Members Absent: None Staff Present: Paul Steinman, Director of Economic Development; Pat Klaers, City Administrator; Debbie Huebner, Recording Secretary Also Present: Gary Santwire, REP, Ltd. 1. Call Meeting To Order Pursuant to due call and notice thereof, the annual meeting of the Elk River Housing and Redevelopment Authority was called to order at 5:00 p.m. by Chair Kropuenske. 2. Consider Agenda • Director of Economic Development Paul Steinman added Item 7.2. - Discuss Purchase of Trees for Downtown Highway 10 Parking Lot, and Item 7.3.- HRA Commissioner Position, to the February 23, 1998, Housing and Redevelopment Authority agenda. COMMISSIONER TOTH MOVED TO APPROVE THE 2/23/98 HRA AGENDA AS AMENDED. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3. Consider Consent Agenda COMMISSIONER WILSON MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. 1/26/98 HRA ANNUAL MEETING MINUTES-APPROVED 3.2. CHECK REGISTER-APPROVED COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 4-0. 4. Open Mike No one appeared for Open Mike. 5. Downtown Master Plan/Focus Study- Update Information and Schedule Joint Meeting with Planning Commission and Rivers Edge • Paul Steinman, Director of Economic Development, indicated staff recently attended a meeting regarding Monticello's downtown plan. The City of Elk River Housing and Redevelopment Authority Meeting Page 2 February 23, 1998 Monticello and Monticello Community Partners have volunteered to make a presentation of their plan to a joint meeting of the HRA and Planning Commission. Paul suggested the River's Edge Downtown Development Committee be invited to attend, as well. Tuesday, March 10th at 6:30 p.m. and Tuesday, March 24th at 5:30 p.m.were discussed as possible meeting dates. Due to various schedule conflicts, Paul will check on March 17th and March 31st as alternative dates and he will notify the HRA Commissioners when a final date has been determined. King and Main Site-Marketing Paul Steinman distributed a draft brochure for marketing the King and Main Street HRA site. Gary Santwire distributed a draft of his recommendations for marketing the site (attached to official minutes). He noted the Nohra's own 6 businesses in Elk River and may be interested in a project at this location. Mr. Santwire explained he feels the price of the land should be determined by the net rents a project will generate. Discussion followed regarding the listing price of the property and brokerage fee. The Commissioners expressed their desire to develop the site with a high quality project. It was the consensus of the Commission to include a listing price of $150,000 for the King and Main HRA property, and to offer a $10,000 brokerage fee for a acceptable project. • 7.1. Letter to Minnesota Housing Finance Agency Regarding Minnesota City Participation Program Paul Steinman reviewed the letter to the Minnesota Housing Finance Agency. The Commissioners expressed their concurrence with Paul's comments in the letter. 7.2. Purchase of Trees for Highway 10 Parking Lot COMMISSIONER HINKLE MOVED APPROVAL OF THE PURCHASE OF UP TO 6 TREES FOR THE HIGHWAY 10 PARKING LOT. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 5-0. Commissioner Hinkle requested hopa crab trees be used, if possible. 7.3. HRA Commissioner Position Commissioner Farber indicated he plans to continue serving as an HRA Commissioner. Commissioner Farber indicated the house at the corner of 5th Street and Jackson is once again, for sale and questioned if the HRA might be interested in purchasing the site. It was the consensus of the Commissioners to wait until a project comes in for the King and Main site before consideration of another redevelopment site. S Elk River Housing and Redevelopment Authority Meeting Page 3 February 23, 1998 • 8. 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 6:07 p.m. Respectfully submitted, Debbie Huebner Recording Secretary • •