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08-24-1998 HR MIN MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL • MONDAY,AUGUST 24, 1998 Members Present: Chair Kropuenske, Commissioners Wilson,Toth, Hinkle and Farber (5:32 p.m.) Members Absent: None Staff Present: Paul Steinman, Executive Director; Pat Klaers, City Administrator; Sandra Peine, City Clerk 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 5 p.m. by Chair Kropuenske. 2. Consider Agenda Item #4 was moved to Item #6.1. COMMISSIONER HINKLE MOVED TO APPROVE THE 8/24/98 HRA AGENDA AS AMENDED. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 4-0. • 3. Consider Consent Agenda COMMISSIONER HINKLE MOVED TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. CHECK REGISTER-APPROVED 3.2. 8/3/98 SPECIAL WORKSESSION MINUTES-APPROVED COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 4-0. 5. Consider Resolution Approving HRA Levy Director of Economic Development Paul Steinman requested the HRA to consider levying a tax in the amount of .0131 percent of the total taxable market value of the city to be used for economic development and redevelopment purposes by the Housing and Redevelopment Authority. He indicated that staff will be prepared to propose a budget for discussion by the HRA at the September and October meetings. COMMISSIONER WILSON MOVED TO ADOPT RESOLUTION 98-1 LEVYING A TAX IN THE AMOUNT OF .0131 PERCENT OF THE TOTAL TAXABLE MARKET VALUE OF THE CITY TO BE USED FOR ECONOMIC DEVELOPMENT AND REDEVELOPMENT PURPOSES BY THE HOUSING AND REDEVELOPMENT AUTHORITY. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0. 6. Discuss Date and Publicity Program for Initial Visioning Workshop • Paul Steinman informed the HRA that the first meeting of the downtown visioning process will be held on Thursday, September 24, 1998, from 7 to 9 p.m. at Salk Junior High in the Commons Area. Paul Steinman requested the HRA to consider authorizing the purchase of ads in the Star News to announce the meeting. Housing and Redevelopment Authority Minutes Page 2 August 24, 1998 • COMMISSIONER HINKLE MOVED TOPURCHASE UP TO THREE ADVERTISEMENTS IN THE STAR NEWS REGARDING THE INITIAL MEETING OF THE DOWNTOWN VISIONING PROCESS. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4- 0. Chair Kropuenske indicated that Mayor Duitsman recommended that the city videotape the visioning process meetings and put them on Cable TV and to also make the videos available at the Library or City Hall for people to check out. COMMISSIONER TOTH MOVED TO ENTER INTO A CONTRACT AGREEMENT WITH WASHBURN AND ASSOCIATES AND THE ELK RIVER HRA FOR THE PURPOSE OF IMPLEMENTING A COMMUNITY BASED PREDESIGN PROCESS IN THE CITY OF ELK RIVER. COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 4- 0. 4. Update from Midwest Building Components Regarding King and Main Site Executive Director Paul Steinman indicated that the development project at King and Main seems to be moving forward. He stated that staff would be drafting a developers agreement which would include issues such as the transaction of the property to Midwest Building Components and the price of the property. Terry Veech, president of Midwest Building Components, distributed drawings and floor plans of the proposed building. Discussion was held regarding the height of • the building, the net lease rate, and the parking. Councilmember Farber arrived at this time (5:32 p.m.) COMMISSIONER FARBER MOVED TO APPROVE AUTHORIZATION TO PROCEED WITH THE DRAFTING AND FURTHER NEGOTIATION OF THE DEVELOPMENT AGREEMENT WITH THE DEVELOPER AND TO UTILIZE SPRINGSTED, THE CITY'S FINANCIAL CONSULTANT, TO REVIEW THE DEVELOPER'S PROFORMA AND PROVIDE INPUT ON A POTENTIAL LAND PRICE. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 5-0. 7. Adjournment There being no further business, COMMISSIONER WILSON MOVED TO ADJOURN THE MEETING. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 5-0. The meeting of the Elk River Housing and Redevelopment Authority was adjourned at 5:40 p.m. Respectfully submitted, Sandra Peine City Clerk •