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HRA Agenda 11-06-1991MINUTES MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, June 12, 1991 - 7:00 PM City Hall MEMBERS PRESENT: Chairperson Al Larson, Ben Smith, Everette Ellison, and Tom St. Hilaire. MEMBERS ABSENT: Lowell Schrupp STAFF PRESENT: 011ie Koropchak GUESTS: Brad Larson, West Prairie Partnership Pat Pelstring, BDS, Inc. 1. Call to Order. Chairperson Al Larson called the HRA meeting to order at 7:10 PM. 2. Consideration to Approve the Mav 1. 1991 HRA Minutes. Tom St. Hilaire made a motion to approve the May 1, 1991 HRA minutes, seconded by Everette Ellison, and with no comments or corrections the minutes stand approved as written. 3. Consideration to Hear Potential Redevelopment Area Option Inclusive of the West Praire Partnership and Gills Property. Mr. Brad Larson with the West Prairie Partnership appeared at the HRA meeting upon the request from City Council for HRA input on the potential swap of properties. The Council being aware of the HRA's interest to clean-up the area (Gills property) in close proximity to the 2.4 acres owned by the Partnership and in consideration of the potential land swap, wanted to know if the 2.9 acres would serve as a beginning piece of the puzzle for any fuluty HRA redevelopment plans. Mr. Larson explained that the partnership has acquired interest in the Marvin George property (Outlot A, other parcel in potential land swap) which is in tax foreclosure. Assessments and taxes against the property are between $900,000 to $600,000 including delinquent penalties, interest, etc. In 1970, the construction cost for the public Improvements was $260,000. Originally, the partnership presented the city with a plan for residential development on the 16.7 acres; however, the city declined the plan as the property is zoned R-3 (Medium Density Residential), the plan called for a non -permitted amount of driveways onto a collector road (Country Club Road), and the city needed an area for ponding. HRA Minutes 6-12-91 Thereafter, the partnership offered the city the partnership's currently owned 2.5 acres along West County Road 75 and the east 6.7 acres of Outlot A for ponding in even exchange for the west 10 acres of Outlot A for future multi -residential development and the right to maintain rental collection from the f reeway sign (a). HRA members inquired of the partnership's interest to acquire 0utlot A for $250,000 or $300,000 and dedicate to the city the 6.7 acres for ponding, and the partnership retain their 2.5 acres along Cty Rd 75. Mr. Larson responded the partnership wouldn't be interested because there is no market for multi -residential development in Monticello presently and potentially not for another five years. Mr. Larson responded the partnership wouldn't be interested in a $200,000 acquisition cost as they are not interested in a cash deal and the city may not be interested either as no appraisal has been completed. Mr. Pe lstring reminded the HRA members that the real question here is the value of the 2.5 acres to the HRA for any potential redevelopment of the area with its close proximity to the Gills property. Roropchak questioned whether the inclusion of the 2.5 acres in addition to the Gille property would then qualify for a Redevelopment TIF District. The HRA remained firm in that they consider the Gills property as a liability and they expect the property to revert back to the city in the near future. Tom St. Hilaire made a recommendation to the City Council that the city obtain an appraisal on Outlot A to establish the land value and the HRA agreed with the City Council's lack of interest or desire of an even land swap between the partnership and the city. Mr. St. Hilaire's recommendation was a consensus of the HRA members. Consideration to adopt a resolution for modification of the Redevelopment Plan relatinq to Redevelopment Procct No. 1, the modification of TIF Plans relatina to TIF District Nos. 1- 1 through 1-12t and the approval and adoption of the TIF Plan relatina to TIF District No. 1-13, all located within Redevelopment Proiect No. 1. Roropchak reported that the executed Letter of Intent as drafted by the City Attorney and a commitment fee of $5,000 have been received from Shingobee, Inc., and the preliminary building and site plans have been reviewed and adopted by the City Building Inspector and OSM. A copy of the land commitment between the developer and the Oakwood Partnership Is yet to be received. The HRA inquired of the risk to the HRA or the city, actual risk to the city is virturally none as the commitment fee of $5,000 should cover the coat for BDS, HRA Minutes 6-12-91 Inc. (agreed to one-half their normal $3,600 fee) for preparation of the TIF Plan and District, and other costs will include the preparation of the Development Agreement and publication of public hearing notices. If the project is not successful (no qualified leasee is found within one year) the developer's commitment fee will cover the preparation costs and if the project is successful the commitment fee will be returned to the developer and the preparation fees are then covered within the TIF Budget. Pat Pelstring reminded th$t HRA that the major renegotiation issue of no leasehold improvement costs to a leasee were resolved and the leasehold improvement costs are now incorporated within the TIF Budget as project costs. The financial method is pay-as-you-go, therefore, the city will not bond for the project. The maximum rental reduction cost is $.90 per square foot with a suggested allowance of S.15 per square foot for the TIF or HACA Penalty, this leaves an actual rental reduction to the leasee of $.75 per square foot which should be incorporated into the Development Agreement. Tom St. Hilaire made a motion to adopt the resolution for modification of the Redevelopment Plan relating to Redevelopment Project No. 1, the modification of TIF Plane relating to TIF District Nos. 1-1 through 1-12, the approval and adoption of the TIF Plan relating to TIF District No. 1- 13, all located within Redevlopment Project No. 1, and requesting the City Council call for a public hearing date of July 22, 1991. The motion was seconded by Ben Smith and without further discussion the motion passed unanimously. 5. Consideration to set a policy to recapture the HACA Penaltv Payment for Shinqobee, Inc. District with recommendation to the Citv Council. Based on Hr. Pelstring recommendation, Everette Ellison made a motion to incorporate into the Development Agreement between the HRA and Shingobee, Inc. that the RACA Penalty be the responsibility of the developer which is allowable and accountable within the maximum S.90 per square foot assistance of TIF Plan and Budget. Tom St. Hiliaire seconded the motion and without further dicussion the motion passed unanimously. 6. Consideration to review an Updated Report on the TIF Reserve Funds as Prepared by BDS. Inc. Pat Pelstring informed the HRA that he recently received the information from Wright County necessary to prepare the detailed report on TIF reserves. The report will be submitted for the July meeting. HRA Minutes 6-12-91 7. Consideration of an updated report on Aroolax and Maid of Scandinavia. Koropchak reported that the City Council approved the TIF Plan and District No. 1-12 for Aroplax and she anticipates EDA review and approval for the GMEF this month. President Dahlquist of Maid of Scandinavia was definitely interested in a Performance Purchase Agreement for acquisition of the HRA -owned industrial lot. He has received the topography maps and contact information on the Ron and Lee Johnson property. Koropchak is to contact him after the 4th of July. S. Other Business. None. 9. Adiournment. The HRA meeting adjourned at 8:10 PH by censensus of its members. \< 01 o � _Q1-9---> 011ie Koropchak, HRA Executive Secretary S AGENDA MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, November 6, 1991 - 7:00 PM City Hall MEMBERS: Chairperson Al Larson, Ben Smith, Lowell Schrupp, Everette Ellison, and Tom St. Hilaire. STAFF: Rick Wolfsteller, Jeff O'Neill, and 011ie Roropchak. 1. CALL TO ORDER. 2. CONSIDERATION TO APPROVE THE AUGUST 21, 1991 HRA MINUTES. 3. CONSIDERATION TO DISCUSS FOR POSSIBLE AUTHORIZATION THE RECOMMENDATIONS MADE BY RDS, INC. OF THE TIP FINANCIAL ANALYSIS. a) Allocation of Administrative Expenses. b) Additional Debt Service Reserve. c) Negotiations of City Loans - Lots S 6 6. 0. CONSIDERATION TO DISCUS3 FOR POSSIBLE RECOMMENDATION OF THE CHELSEA LAND USE AND CIRCULATION STUDYMONCEPTUAL AREA PLAN. 5. CONSIDERATION TO ESTABLISH 1992 HRA GOALS. 6. CONSIDERATION OF AN UPDATE ON THE AROPLAX CORPORATION PROJECT. 7. OTHER BUSINESS. B. ADJOURNMENT. 2 MINUTES MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, August 21, 1991 - 7:00 PM City Hall MEMBERS PRESENT: Chairperson Al Larson, Ben Smith, Lowell Schrupp, Everette Ellison, and Tom St. Hilaire. STAFF PRESENT: 011ie Roropchak. STAFF ABSENT: Rick Wolfsteller and Jeff O'Neill. GUEST: Pat Pelstring. 1. CALL TO ORDER. Chairperson Larson called the HRA meeting to order at 7:02 PM. 2. CONSIDERATION TO APPROVE THE JUNE 12, 1991 HRA MINUTES. ' Tom St. Hilaire made a motion to approve the June 12, 1991 HRA minutes, seconded by Ben Smith, and without additions or corrections the minutes were approved as written. 3. CONSIDERATION TO HEAR TIF ANALYSIS REPORT AS PREPARED BY BDS, INC. Pat Peletring summarized the HRA -TIF Financial Analysis by stating the report includes the eleven HRA -TIP districts but doesn't include Aroplax and Shingobee, Inc. Also, the City's Lincoln Company District is not included. Each district was analyzed and a cover sheet identifies the combined revenues of all districts with assumed continued payment of property taxes. Ten percent of the increment was eat-aeide for administrative expenses such as marketing, ongoing project management, appropriate city staff time, and other related TIF costa. Additionally, SI of the increment was set-aside for bond reserve and no inflationary increases or accumulated investment earnings were included. Mr. Polstring concluded that the HRA -TIF statue was good with $1.5 million in available excess increments which could be utilized to fund additional public improvements, or provide additional project support. He reminded the HRA to keep an eye on the over -done Remmele district. HRA MINUTES B-21-91 Mr. Pelstring's recommendations were for the allocation of administrative expenses, establish a 10% debt service reserve, negotiate a city loan for lots 6 and 7, and to recognize that additional development within existing districts may provide additional excess increment. The HRA members thanked Mr. Pelstring and recommended the TIF Financial Analysis be presented to the City Council. 4. CONSIDERATION TO REVIEW DEVELOPMENT AGREEMENT BETWEEN THE HRA AND SHINGOBEE, INC. AS PREPARED BY ATTORNEY BOB DEIRE. Tom St. Hilaire made a motion to accept the development agreement as prepared by Attorney Deike, seconded by Everette Ellison, and without further discussion the motion passed unanimously. CONSIDERATION TO REVIEW PRELIMINARY DRAFT OF THE DEVELOPMENT AGREEMENT BETWEEN THE HRA AND AROPLAX, INC. AS PREPARED BY ATTORNEY JOHN DEAN. Tom St. Hilaire made a motion to accept the preliminary draft of the development agreement as prepared by Attorney John Dean, seconded by Everette Ellison, and without further discussion the motion passed unanimously. 6. CONSIDERATION TO HEAR OF PROSPECT UPDATE. Roropchak reported that the OMNI Board approved the SBA application for Axoplax Corporation, however, the company has not determined its bank commitment. G 6 G Oil Company - this company purchases, refurbishs, and sales used gasoline dispensers. The company plans are for a 30,000 square foot office/production building on a five acre parcel. One to two acres would be tieeded for outdoor storage. The visitng committee and the IDC both recommended to proceed with caution and to suggest the use of TIF to control the potential of unsightly outdoor storage by providing TIF funds to cover screening plus green planting costs. About 30 jobs are projected with wages between $6.50 and {12.50. Mr. Pelstring was familiar with the company and indicated since than the company since hired a new CEO. Roropchak prepared a site request proposal for a semi- conductor company in Oregon looking to employ 1,000 to 2,000 people. Total square footage initially 490,000 aq ft with completion total of 750,000 sq ft. The requested acreage was 100, the Farm Credit property was marketed. HRA MINUTES 8-21-91 7. OTHER BUSINESS. None. 8. ADJOURNMENT. Chairperson Larson entertained a motion to adjourn, seconded by Tom St. Hilaire, the HRA meeting adjourned at 8:00 PM. 0 99..d Nr'Oq — � � t- 011ie Roropchak, HRA Executfve Director HRA Agenda 11-6-91 Consideration to discuss for possible authorization the recommendations made by BDS. INC. of the TIP Financial Analysis. A. Reference and Background. At the August HRA meeting you reviewed the TIF Analysis as prepared by BDS, Inc. The total excess increment for the existing eleven districts over the life duration of the districts was projected to be approximately $1.5 million after the recommended administration expenses and reserve funds were withheld. In an oversight, the $260,000 bond issue for TIF District i2 was omitted, therefore, Nr. Peletring has re -run the TIF summary for the HRA prior to any action of his recommendations. The HRA is being asked to discuss the recommendations and if so desired to authorize staff to develop policies applying to those issues. 1. ALLOCATION OF ADMINISTRATIVE EXPENSES - The city has the opportunity to offset staff time and potentially provide additional marketing dollars through the substantial available administrative income, as indicated by these projections. A determination of city policy for the expenditure of these expenses should be developed and implemented within the next 6-12 months. This can be 10% of the total project income which would be transferred to an HRA revenue account. ADDITIONAL DEBT SERVICE RESERVE - The anticipated cash flow from the TI program suggests that the city has some opportunities to fund additional public improvements projects. It would be important first however, to develop a policy to establish a reserve level for future potential defaults and/or slow payment of taxes. We would recommend that the city set aside an additional 10 percent of anticipated debt service costs each year as an accumulating reserve. NEGOTIATIONS OF CITY LOANS, LOTS S AND 6 - The HRA should negotiate a specific payback on this debt obligation of $136,000. Suggested was 8 percent over 10 years for an annual debt service of $20,268. Should the HRA determine to sell any of this property in the future, the land sale income HRA Agenda 11-6-91 would be over and above any projected excess increment and any resulting development would again increase the amount of excess increment. B. Recommendation. Recommendation is for the HRA to review and discuss each above suggestion. The purpose of the financial analysis Is to assist with the planning of the City Budget (HRA Funds) through the adoption of established policies. Supporting Data. Copy of the adjusted TIF Summary. SOVICILLO I tht IICIIIII? 11IL17I1 nmyzxm ILAII LIT 9A3 Ill CL -0 113 KQ ims er" toll cm rffn m rim cm nm rA to its tirpi rx Tint crrT uu Lv imis u ertu CM LIM Fig fu V Cogm It[ CAMITY www mwrm cmism row KILTM to ft= IS?= mm Fran Film 0 ps "_ u]7s Iw1ww Lin w 1118 0 4 1 1921 1".414 MIN PON iu,s% 1 11,151 1,410 LI(! 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Consideration to discuss for possible recommendation of the Chelsea Land Use and Circulation Study/Conceptual Area Plan. A. Reference and Background. The information included was prepared by Northwest Associates, Inc., the professional planner who made the presentation at the All -Government Units meeting held last June. The major change appears on the Farm Credit property to the south of I-94 and to the north of the school property. This property is currently zoned I-1 (Light Industrial) and is proposed for Light Industrial/Business Campus. Another change Is Thomas Park located to the south of I-94 and north of Thomas Park Drive. The property is currently zoned B-2 (Limited Business) and is proposed for I-1. Mr. O'Neill plans to be present at the HRA meeting to review the concept and ask for your comments or recommendations. If Mr. O'Neill is unable to attend the HRA meeting, it is his wish for you to call him (294-2711) for questions, comments, or recommendations prior to the Public Hearing of the Planning Commission scheduled for December 3, 1991. �. Please review for discussion. B. Supportinq Data. Proposed land use maps and ordinance. ORDINANCE AMENDMENT NO. THE CITY COUNCIL OF MONTICELLO, MINNESOTA, DOES REMY ORDAIN THAT THE FOLLOWING CHAPTER BE ADDED TO TITLE 10, THE MONTICELLO ZONING ORDINANCE, AS FOLLOWS: CHAPTER 15A "BC" BUSINESS CAMPUS DISTRICT SECTION: 15A-1: Purpose 15A-2: Permitted Uses 15A-3: Permitted Accessory Uses 15A-4: Conditional Uses 15A-5: "BC" Design and Site Plan Standards 15A-1: PURPOSE: The purpose of the Business Campus District is to provide for the establishment of limited light industrial business offices, limited light manufacturing, wholesale showrooms and related uses in an environment which provides a high level of amenities, including landscaping, perservation of natural features, architectural controls, and other features. 15A-2: PERMITTED USES: The following are permitted uses in a "BC" District: (A) Radio and television (B) Research laboratories (C] Trade school (D] Machine shops (E) ' Paint mixing (4kiwo ,! .... _ . I Erma ;9 (G) warehouses (H) Laboratories (I] Essential Services [J] Governmental and public utility buildings [R] Manufacturing, compounding, assembly, or treatment of articles or merchandise (L] Manufacture of musical instruments, novelties, and molded rubber products (M] Manufacture or assembly of electrical appliances, instruments, and devices [NJ Manufacture of pottery or other similar ceramic products using only previously pulverised clay and kilns fired only by electricity or natural gas a (O] Manufacture and repair of electrical signs, advertising structure, light sheet metal products, including heating and ventilation equipment Ordinance Amendment No. Page 2 (P] Blacksmith, welding, or other metal shop (Q] Laundries, carpet, and rug cleaning [R] Bottling establishments [S] Building material sales and storage (T] Broadcasting antennae, television, and radio [U] Camera and photographic supplies manufacturing (V] Cartage and express facilities (W] Stationery, bookbinding, and other types of manufacturing of paper and related products but not processing of raw materials for paper production (%] Dry cleaning establishments and laundries electrical and electronic products manufacture, electrical service shops (2] Engraving, printing, and publishing [AA] Jewelry manufacturing [BB] Medical, dental, and optical laboratories [CC) Storage or warehousing (DD) Wholesale business and office establishments (EE) Commercial/professional offices [FF] Wholesale showrooms (GG] Conference centers (HH] Commercial printing establishments 15A-3: PERMITTED ACCESSORY USES: The following are permitted accessory uses in a "BC" District: (A] Commercial or business buildings and structures for a use accessory to the principal use but such use shall not exceed thirty ( 30 ) percent of the gross floor space of the principal use: 1. The parkinq requirements of Chapter 3, Section 5, are complied with in full. 2. The off-street loading requirements of Chapter 3, Section 6, are complied with in full. I5A-4: CONDITIONAL USES: The following are conditional uses in a "BC" District: (Requires a conditional use permit based upon procedures set forth in and regulated by Chapter 22 of this ordinance.) (A) Open and outdoor Storage as an accessory use provided that: G Ordinance Amendment No. Page 3 1. The area is fenced and screened from view of neighboring residential uses or, if abutting a residential district, in compliance with Chapter 3, Section 2 (G], of this ordinance. 2. Storage is screened from view from the public right-of-way in compliance with Chapter 3, Section 2 (G], of this ordinance. 3. Storage area is grassed or surfaced to control dust. 4. All lighting shall be hooded and so directed that the light source shall not be visible from the public right-of-way or from neighboring residences and shall be in compliance with Chapter 3, Section 2 (H], of this ordinance. 5. The provisions of Chapter 22 of this ordinance are considered and satisfactorily met. 1 (B] Industrial planned unit development as regulated by Chapter 20 of this ordinance. (C) Indoor limited retail sales accessory to office/ manufacturing uses provided that: 1. Location: (a) All sales are conducted in a clearly defined area of the principal building reserved exclusively for retail sales. Said sales area must be physically segregated from other principal activities in the building. (b) The retail sales area must be located on the ground floor of the principal building. 2. Sales Area. The retail sales activity shall not occupy more than fifteen (15) percent of the gross floor area of the building. 3. Access. The building where such use is located is one having direct access to a collector or arterial level street without the necessity of using residential streets. G g Ordinance Amendment No. Page 4 Hours. Hours of operation are limited to 8:00 a.m. to 9:00 p.m. The provisions of this section are considered and satisfactorily met. 15A-5: "BC" DESIGN AND SITE PLAN STANDARDS: The following minimum requirements shall be observed in the "BC" District subject to additional requirements, exceptions and modifications set forth in this chapter: (A] Lot Coverage. Not less than thirty (30) percent of the lot, parcel, or tract of land shall remain as a grass plot including shrubbery, plantings, or fencing and shall be landscaped. (B) Building Type and Construction and Roof Slope Any exposed metal or fiberglass finish on all buildings shall be limited to no more than fifty (50) percent of any one wall if it is coordinated into the architectural design. Any metal finish utilized in the building shall be aluminum of twenty-six (26) gauge steel, the roof slope shall be limited to a maximum of one (1) in twelve (12) slope. 2. In the "BC" District, all buildings constructed of curtain wall panels of finished steel, aluminum, or fiberglass shall be required to be faced with brick, wood, stone, architectural concrete case in place or pre - case panels on all wall surfaces. (C) Parking. Detailed parking plans in compliance with Chapter 3, Section 5, shall be submitted for City review and approved before a building permit may be obtained. (D) Loading. A detailed off-street loading plan, including berths, area, and access shall be submitted to the City in conformance with the provisions of Chapter 3, Section 6, for review and approval prior to issuance of a building permit. (E) Landscaping. A detailed landscaping plan in conformance with Chapter 3, Section 2 (G], shall be submitted to the Council and approved before a building permit may be obtained. Ordinance Amendment No. Page S [FJ Usable Open Space. Every effort shall be made to preserve natural ponding areas and features of the land to create passive open space. [G) Signage. A comprehensive sign plan must be submitted in conformance with Chapter 3, Section 9. Lot Requirements: Lot Area - 30,000 sq ft Lot Width - 100 feet Setbacks: Front Yard - SO feet Side Yard - 30 feet Rear Yard - 40 feet Adopted this 14th day of October, 1991. mayor City Administrator IF City of Monticello Chelsea Area Land Use and Circulation Study rte. Zoning Changes R•1 Single Family 0-! Invited Busmss PZR Peltowmance Zarc • Residential 0.7 Highway Busness BC Business Campus 0.4 Regional Business City of Monticello Chelsea Area Land Use and Circulation Study Existing Zoning R-1 Sngk Famit 8•2 l:nited Business R -PUD Re%Wential JOO J Planned Unit Development 8.1 Highway Business R•J nsobae Home Park 1-t light h+dusvial AO Agrkultural/Open Space 1.2 Heavy Industrial PI -M Pe fwmance Zwu•Mised