06-29-1998 HR MIN SPECIAL MEETING OF THE ELK RIVER HOUSING AND
REDEVELOPMENT AUTHORITY
HELD AT THE ELK RIVER CITY HALL
MONDAY, JUNE 29, 1998
Members Present: Chair Kropuenske, Commissioners Toth, Hinkle, and Farber (5:40
p.m.)
Members Absent: Commissioner Wilson
Staff Present: Paul Steinman, Executive Director;Sandra Peine, City Clerk
1. Call Meeting To Order
Pursuant to due call and notice thereof, the special meeting of the Elk River
Housing and Redevelopment Authority was called to order at 5:00 p.m. by Chair
Kropuenske.
2. Consider Agenda
COMMISSIONER HINKLE MOVED TO APPROVE THE JUNE 28, 1998, HRA AGENDA.
COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 3-0.
3. Consider Consent Agenda
• 4. Select Downtown Master Plan Facilitator
The HRA reviewed proposals from The Brimeyer Group, Inc. and Washburn and
Associates. The proposals were submitted for the purpose of developing
strategies for downtown Elk River improvements. Following review of the
proposals it was the consensus of the HRA to hire Washburn and Associates.
COMMISSIONER TOTH MOVED TO ACCEPT THE PROPOSAL FROM WASHBURN AND
ASSOCIATES TO FACILITATE THE VISIONING PROCESS AND TO ESTABLISH A WORK
PLAN FOR DOWNTOWN. COMMISSIONER HINKLE SECONDED THE MOTION. THE
MOTION CARRIED 3-0.
It was the consensus of the HRA to meet with Washburn and Associates once
again to discuss a variety of issues including the groups that will be needed to
participate in the process and to revisit the timetable.
5. Midwest Building Components Proposal for King and Main Project
Executive Director Paul Steinman indicated that Midwest Building
Components, Inc. (MBC) is requesting the HRA to provide them exclusive
rights to market and seek tenant interest in the King and Main Street site
for a nine month period. Paul Steinman indicated that MBC is requesting
to secure the site in order to measure the level of tenant interest. Paul
41 Steinman recommended that the HRA offer a six month letter of intent.
Elk River Housing and Redevelopment Authority Minutes Page 2
June 29, 1998
• Paul Steinman indicated that a zero dollar land cost from the developer is being
requested as part of this project. He suggested that the HRA consider leaving
various options open for payment of a minimum of$100,000 for the land. Paul
Steinman indicated that there could be several financing options that can be
negotiated for the land.
Terry Veech of MBC distributed a letter to Paul Steinman which included a pro
forma and a building design and operational cost. Mr. Veech indicated that this
pro forma shows no payment for the land. Discussion was held regarding the
building design, layout, and parking. Discussion was also held regarding possible
options to recoup some of the land costs.
Commissioner Farber arrived at this time (5:40 p.m.)
COMMISSIONER FARBER MOVED TO SIGN A LETTER OF INTENT FOR SIX MONTHS AND
THAT THE LAND COST SCENARIO BE NEGOTIATED BY THE ECONOMIC DEVELOPMENT
DIRECTOR. COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION
CARRIED 4-0.
Paul Steinman indicated that he would bring the letter of intent back to the HRA
for review at its next meeting.
6. Adjournment
There being no further business, COMMISSIONER FARBER MOVED TO ADJOURN.
COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0.
• The meeting of the Elk River Housing and Redevelopment Authority was
adjourned at 5:50 p.m.
Res ectfully submitted,
Sandra Peine C2e4-47eP
City Clerk
•