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HRA Agenda 01-04-1984MINUTES Monticello Housing 6 Redevelopment Authority Wednesday, December 7, 1983 - 7:00 P.M. The regularly scheduled meeting of the Monticello Housing and Redevelopment Authority was duly hold at 7:00 p.m. on Wednesday, December 7, 1983, in the City Hall Conference Room. Members present were: Chairman Dr. Philip White, Vic Vokaty, Don Cochran, Bud Schrupp, and Jack Reeve. Staff Present: Tom Eidem, City Administrator, and Allen Pelvit, Director of Economic Development. Chairman White called the meeting to order. White also asked for a motion to approve the minutes of the October 5, 1983, meeting. Motion was made by Bud Schrupp and seconded by Don Cochran. Approved. 3. Consideration of Entering a Joint Power Agreement for Tax Exempt Mortqaqe Bond Financing. This item was informational and needed no action to be taken. Congress will most likely kill any chance of tax exempt mortgage bond financing for 1984. Jack Reeve made a motion to drop this from the agenda. Bud Schrupp seconded, and it passed unanimously. 4. Fulfillment Systems, Inc. - Urban Development Action Grant Progreso. Eidem reported receiving a formal letter from Secretary Pierce of the U.S. Department of Housing and Urban Development. They are holding over our application for FBI's UDAG funds until January, 1984. This in no wayguarantees its gua approval. It only allows the application to be re-ontered into the funding cycle. Eidem recapped the FSI land transaction whereby the Authority can buy Lots 6, 7, c 8, Lauring Hillside Terrace (valued at 8130,000) and sell to FSI for $27,000. Eidem further explained the distribution of monies for the project. Industrial Revenue Bonds in the form of a tax exempt mortgage along with tax increment financing, UDAG funds, and private contributions are combined to total approximately $850,000. FSI's piano are to begin construction in April with a move in July. This might mean some special HRA meetings in February and March because of waitiny for the UDAG decision. Chairman White asked what would happen if the UDAG is disapproved. Eidem explained that FSI has facilities available in Wisconsin and would move. The utaff has contacted the Minnesota Department of Energy, Planning and Economic Development office to seek aid should the UDAG be turned down. Mother alternative may bo Community Dovelopmont Block Grants. 5. Consideration of Authority Pursuing other Directions. Eidom explained that Allen Polvit'a duties were, approximately 50♦ City related at this time. He also stated that as time progresses Polvit's responsibilities with the HRA will increase, thus, enabling the HRA to pursue other areas. It was suggested that because of the housing shortage, the Authority should take an aggressor role in housing starts. The Shurco III Project has virtually secured all rental housing available in and around Monticello. It was the consensus of the Authority to becumo more proactive than reactive HRA Minutes - 12/7/83 in searching for developers to address the HRH's needs. Don Cochran expressed fears of getting caught up in the housing game when we could be safely pursuing industrial projects. Fidem suggested using "But for this funding the project would not..." clauses to help strengthen the program. Other areas to be considered were killing the Poehler Project and having the Authority build and own the Senior complex. It was the consensus of the Authority to allow private developers to complete the project and only get involved as a last resort. HRA's may be involved in fuel assistance programs, etc. Another area to strongly become involved in is considering a tax increment district that would include properties for the First National Bank, Security Federal, Wrightco, and National Bushing. It was suggested this might help with the library expansion and redeveloping the area near Wrightco. It has also been suggested to Jim Ridgeway that the Authority buy Wrightco out and relocate them into the Industrial Park. These are projects that can be completed in the proposed districts 25 year life. Chairman White admitted he was against a tax levy of up to 1 mill in the past. However, he now feels the Authority needs funds during the next few years to help survive. One mill would give the Authority approximately $58,000 if levied against the entire city and not just the tax increment empowering district. Jack Weave expressed possible bad public comments about this tax increment district. Bidem stated that activity will definitely have to take place. They could improve streets, improve buildings appearances (Jones Siding). The County, School District, etc., may have to forogo the taxes on one or two businessea but eventually will share in the increased taxes of 10 or more businesses. Public comment will have to be dealt with positively. Don Cochran suggested that the Authority moot with the Council to diocuus the mill levy. He also suggested Dr. White attend thin mooting to help explain why he changed his stand on the mill levy. Dr. white agreed to attend if given sufficient notice and hold on a Thursday morning. It was the consensus of the Authority to have this meeting after January 1, 1986, possibly at Perkins or the Silver Fox. Don Cochran and Dr. white preferred the Silver Fox because of the opportunity for privacy. Bud Schrupp suggeotod ¢idem out up the meeting with the Council. G. Connidoration of Submittinq a Lint of Narron for Dr. White'n Replacement. Chairman White gave his resignation and also asked Jack Reeve if he would accept another 5 -year L, -,a. Reeve declined anothor term - 2 - HRA Minutes - 12/7/83 because his job would not allow him to give the Authority the time and dedication required. He expressed his enjoyment working with the Authority and said he would like to help with future City business. As a result of Dr. White's resignation and Jack Reeve not accepting another term, two vacancies will exist for the Mayor to fill. The following names were suggested as possible appointees: Gary Wieber Cecile Muehlbauer Jerome Baeyon Harvy Kendall Fran Fair After some discussion, it was the Authority's consensus that Cecile Muehlbauer may have a conflict of interest with certain land deals the Authority may want to enter. It was thought that a city government (elected official) would give credibility to the HRA with regard to tax levy. This will be discussed with the Council. Because only five names were submitted, Dr. White suggested asking Council their feelings on advertising for applicants. 7. Consideration of Assuminq Mortqaqc. Chairman White questioned the payment to bank. Eidem explained that the bank is willing to continue holding the paper with interest ($2,200) paid every six months. Poehler's option expired in November, 1983. Either Poehlor'e Project commences in the spring of 1984 or we find a now developer. Eidcm wont on to explain that property was initially purchased for $45,000 and at present would require $52,000 to rocoupo Authority's money. The longer we hold it, the harder it becomes to make the project work. Motion by Bud Schrupp to aeaumc the mortgage, seconded by Don Cochran. Passed unanimously. B. Consideration of Reviewing the Procedural Rules Governinq HRA Business. Chairman White commented on how well the Authority has conducted business during the last 12 months. He asked if there were any changes to be made with regard to rules cot on February 9, 1983. Consensus was to carry on with existing rules. 9. Consideration of Adontinq a Resolution for Fntorinq into a Plcdqo Agroemont. Jack Reeve made a motion to enter a Pledge Agreement for Tax Increment District 02 (Metcalf & Larson). It was seconded by Don Cochran, and passed unanimously. See Resolution 1983-5. - 3 - [IRA Minutes - 12/7/83 10. Informational Item - Possible New Business. J Eidem explained how Pelvit has been working with Key Tool and Plastics in an effort to relocate their business in Monticello. He reported that Key Tool and Plastics Company officials have asked the City to initiate a preliminary approval for Industrial Revenue Bonds prior to January 1, 1984. The Council will hold a special meeting on the 27th of December where appropriate toning will also be looked at. There being no further business, the meeting was adjourned. D Allen L. Pelvit Director of Economic Development -4- HBA Agenda - 1/4/84 AGENDA SUPPLEMENT 3. Further Discussion of Possible Nominees for Open HRA Terms. (A.P.) A. REFERENCE AND BACKGROUND: Chairman White gave his resignation at the December 7, 1983, meeting. Jack Reeve also stated that he could not accept another five-year term. As a result of these resignations, two vacancies need to be filled by the Mayor. At the December 7, 1983, meeting, the following names were submitted as possible nominees for HRA appointments: Gary Wieber Cecile Meuhlbauer Jerome Baeyen Harvy Kondell Fran Fair B. ALTERNATIVE ACTIONS: 1. Contact the above individuals inquiring about their interests in the HRA and submit nominations to the Mayor. 2. Have HRA members submit more names as nominees for HRA. 3. Advertise in the newspaper for persons interested in working ( with the HRA, contact the individuals, and finally, submit names to the Mayor. C. STAFF RECOMMENDATION: The staff roccmmends the Authority submit more names they fool would be both qualified and fool comfortable working with the HRA. We would like to have the nominations submitted to the Mayor by the January 23, 1984, Council meeting. D. SUPPORTING DATA: Data supporting the namoa suggested aro in your December 7, 1983, minutes - Item 16, Consideration of submitting a list of name for or. white's replacement. t�� HRA Agenda - 1/4/84 4. Consideration of Participating in the Minnesota Small Cities Development Program. (A.P.) A. REFERENCE AND BACKGROUND: At the December 7, 1983, meeting,the Authority's consensus was to look into the possibility of Community Development Block Grant Furls (CDBG). The program's name has been changed to the Minnesota Small Cities Development Program (SCOP). The following is a brief description of the program and some of its eligible projects; The purpose of the SCDP is to help Minnesota communities become more healthy, stable, and desirable places to live and work. It is a community development program first and foremost. It is not a housing rehab program, a public works program, nor a business assistance program. It is designed to improve communities by directing project benefits to low and moderate income residents making it possible for them to achieve community standards. The purpose is based on federal law. The Federal CDBG Program has the following objectivest "Development of viable urban communities by providing decent housing and suitable living environment and expanding economic opportunities, principally for persona of low and moderato income." Some eligible projects includor - Housing projects designed to increase the supply or quality of affordable dwellings suited to the occupancy of low and moderate income individuals and families. This includes improvements to existing housing stock as wall as construction of now housing starts. - Public facility projects designed to improve public buildings on infrastructure serving a community. - Economic development projects designed to create now employment opportunities, maintain existing employment, or otherwise increase economic activity in the community. B. ALTERNATIVE ACTIONS 1. Not pursue any other directions for the Authority at this time. 2. Become involved with the program, utilizing these funds as an alternative oourco of funds for the projects above. - 2 - HRA Agenda - 1/4/84 `1- C. STAFF RECOKMENDATIONt Since this program is very similar to the UDAG Program (which we may be ineligible for after February 29, 1984), it is recommended that the Authority utilize this program to help obtain those objectives stated earlier. D. SUPPORTING DATAt Copies of program descriptions eligibility and project design/grant types are included for your familiarization with the program. - 3 - l Ned r SECTION ONE Program Description Funlingf ftheedocrulCommmunityDevelopmentBlockGramProgram(CDBG),hasboonestabl6tw•dasamwayofaddressing the critical social, economic and environmental problems faced by communities acmes the country. The purpose and o bhj Oivn of Minnmesoa's Snull Cities Development Program ISCDPI follow laws and regulations established by the state and fceral government. The purpouc of the SCDP program is to help Minnexna communities hecoon nwwc healthy, stable and desirable places to live and work. It is a community development program first and foreman: it is not a housing rehab program• a public works pro. gram, not a business um6taince program although h•nuy he used to address these community n oceds. It is designed to improsc ctrtnmunames by directing project benefits to low and moderate income residents making it jxv sibte for them to uchieve commu- nity stantards. The purpose is based on federal law which states: that the primary objective of the CDBG Program is thc: dot el. nprnrnt ^ftiuldr urban cunmunitirs, 6v protiding dro rnt homsing and.tuituhle living rntinvnment and rmrytmling rrowomnr ,ggxonmmrt. prLu•ilwdh• fiorryratMs nffwt• and rmderare inromor All Iunlcd wtivoies must suppool al team one of three mw fccleral objectives and canna henefit moderato income persons to the a•sclusmnut hw income persons. The three major objectives are: a ikncta ht hmw and mnterme income persons (income which dims not exceed BO percent of the median for the arca). • Prevemi000reliminaticonofstations and blight • Aleviatiom tit urgent community devekmpmem needs caused by existing co oditiow which pow a wruw and immediate threat no the health at welfare of de community where other fuurtcial nesouren are not available to meet those needs. 'rhe total amount of furls estimated for award in 1994 is approximately S213M.M. Swim Three. Illuaration I shows the method to he used for distribution of thea avaitaMe funds, U I ' SECTION TWO Eligibility -i ) APPLICANT FLICIBILITY Any general purpose unit of local government, including cities. counties, and ownships located in a rnonentitemem arca or electing eaclu%ion from an urban county, is eligible to apply for arc gram on its behalf each funding cyck. Generally. all munici- palities under 50.000 population may apply, as well as any counties or towns which do not receive funding through HUD's Urban County F;ntdletncm Program may submit an application. St. Paul, Minneapolis, Bloomington. Duluth. Rochester. St. Clywd and Moorhead are entitlement cities and therefore are not eligible. The urban counties of Hennepin and Anttks and thou county municipalities receiving funds directly faun urban counties are also ineligible. ON -BEI IAI.F-OF APPLICATIONS Applications nuy be submitted by one eligible jurisdiction on-behalf-ofanother. On -behalf -of applicatimu may he designed to jointly address thecommon problems of one or more jurisdiction (ea: a county may apply for housing rehab projects on -behalf - of several townships.) In other cases, an eligible applicant may submit an application on-belialfof another where the Meal gov. ernment may feel it lacks the administrative capacity to apply for and manage a local program. I . An eligible applicant may nuke only ow application on its own behalf, or from which it would directly benefit. 2. An eligible county may submit an application for a countywide project and also submit one mr more qVicatiom on -behalf - of other eligible cities or towns within is jurisdictions. However, communhies for which a county submits on their behalf must be excluded from the countywide application. J. On-"- lf-of upplicnnms must he approved by the governing body of each paniripam Thi% is done to a%vure nm%cnt and full cooperation, and to avoid duplication and pas%ible miwnder%tannling. SC'DP staff st rongly encourages el ignhle units of local government to apply for SCf )P Hinds on their own. The pmccas is simpler. Application preparation m%isunce is available from the regional development commis%inn of other technical assistance orgam- •ation%. Project administrwhm services nuy dso he crnmracted. Fra mune inf umut i,m about these alternatives contact the Com- munity Development Representative for your area. 1) LW11ALIFICATION OF APPLICANTS All eligible applicants are generally considered w have capacity to undertake Small Cities Development grants prnjeas. Ihw- ever, applicants will be disqualified when the fallowing conditions %et forth in 10 MCAR 1 1.310C c%ia: • therearerruslanndmgaudit ftndingsabrmthe graMnhaw nollsolsfMYorgyattempted toarmlQ,the Jfuafion. • project%ha%epassed scheduled close-wtand tAegntueeit~ytocompkletbrpri*oInaaerproff/ovamannerIsIn • the applicant has not made scheduled progren on s previously mp"td project and Wr #ram4wY MMy to complete fbe prq*1 /n as exprdllbus maaaa b in guts". I I year hcbrve that yreur cumnnanity's applkatinn may he disytalifled for the rcaxms indicated, you should all the Comonsuaity Develtpacm Represenative for your area prior to aanpletin$ an application for this program. l�� C . -1 (r I SECTION THREE Project Design and Grant Types PROJECT CATEf it )RIES Conimuphics may apply for SCDP funds to undertake activities that arc bradly avMgurimcd according to the type of aced Gr the project. Clnununhy DcvckVnwrd prn*b namt be designed as addressdcficicr les in: 1) iawsirg. 2) public facilities, and/or 1I economic lcvchgrment. Prn*4" may consist of aw tw more retued aotiviilcs within a category or to a lesser degree among .,mcgla ies because there i% mine o%crtap. • Hauvinp Pot nos should be designed to increase the supply rrquulity of affordable dwellings suited to the occupancy of fi- and nddkrate income individuals and Tamil ics, including improvemems to the existing bmaing stock as well &mudvi- iksd,,%igni,dw lilcil irate construct an of law housing units. Sli the activities gcrwrally a.slviated with housing projects include: real rnipeny acqui%ition, code cnfnncncm, rehahilhatin, historic 1we%enatin. energy vvm%cmitirn• clearance, dcmdhiom, andhr froVIval of buildings and relnea• tem. rehab Id puhliclyrsvned or acquired p'gxrly fur resale in the Provision of a,%i%tcd housing; rehab futawing and the tenonal cit wchucntural Iwrriers ser other housing assi%tara•c activities low rhe physically or "winallydi\abled • Public f1wilirim PntJt"V stwetld he designed al improve puhli• huiWing%or infrastrw•turc serving a oeighhonhnd or a carnunny Projects in supra n of public services are glut included In this category. &mw wf stn eligible activilics under this category inclwlc water and sewer facilities, (Including chum wi m.l milid wane disryn.l facilities• street impriti c mems, property acquisition for public facilities; rwnresidcmial senior rr handicapped amen• and ocighhrhrd facilities providing community service%to residents of a target aro. N fl•li: Public scn via Klivitin, including that cosdrrnnd with stslpkymem, crime prewmtion, child cam• health, drug abuse. education, energy conservation, welfare or recreational nods most tie directed toward coordiniming public and pri• vale devekpmem programs. In order to quslifykw funding under Ilse SCDP Program, public services treat: • he provided for residems Warm in which other SCM-fiandrilphy" development setiviiiin am being 2 loc.Iemedia a coordinated manner. • SCDP funded activities tiny tardy be done incidentally for persons art apart (d the target area. • Inc apgro;wiatc and chher o new service or a q umiflalde iacrem in the carrem level of tervice: • clnrprrsc a) Moore 111131" ID percent ,(the grain • hvranlirlMelspnwn(lhrljr ls%b aWhedesignMtncrewenewempkrymcmlq+pmtuMin.maintainexistingengloy owns, or Iahera iw hwiva%c ectwdwniv activhy in the ctnrmmity which will result in da impnmment orthe co m irwhy't 1111•lall e� IddMlld• \Ituatdn. I:Irpohle aitivuws that fall whhin the econ rine devcklpurcm catepnlry irwhWe land mequishioa, public failhiea and taher unpro%cnwm% in support of mom mitic d nctnpmem (mach as water and seer lines, access Itad%): and acquisition. circ stna•tdn, mhabilotatdn, ow Imtaltatinofcomnercral amt induurial Wihties aid employee training. 0 l ;7 6 inaddkkm.,furkh,mayhewbsraanKtedIt, aprivate. nim pmfdorganiutknwviiuiLIX'tltialdcvckTOM uvryaatiimt twS81C(SnullBusiu_, lnvcstmcntCtmatinec):Suclifmdsmaybe uscdfixnth weligibleativiiies.a(or the G0l4 ing sp.vific typos �tf aoivhk-: a) loans, grams. guaramees.,imcresi supplements: or technical"stamv to new.Kexiting wall huinc%%c.. mirAirity businesses and neighburho d nonprofh businesses. Amismnce'may'beused for: I I capiudifor land. Structures. property. impmvemems and faturcs;and 2) working capital nu operatkwi funds (although this type of assistatre is mn envuraged). hi capitaliiationofaSBICDrkscaldevelopmemempix ion required toywfify(hr assistanceunder other:icderal,pro• grams..and C) on6t& ee to minority contractors taobuin pe Amnaree bondatg. Other activities may be eligible. but require an elijibility determination by, the Department, Since other WWI laws and regulaafansoftenapply. eligible applieataaarearSWtoeom o�coiu"tyde¢vvapmem«presemmiveintheDcpannwm. befam preparing ani application on the types of aetivhin daetibed above. COMPONENTS OP A ROJECT A prejeei is undertaken to bnprove conditions testtuing hart etre of threeepegrnfea of Cited: hwslnS. publicfueilities: or eco - name develep vein. The project,ttny consist of one or more ativitks, each of which may rewire eme'or arae task. Tanks are the steps nec4sary e to suecel-Adly eomplto an activity. Tasks rosy be done is sewetnce a in Yndem and the level of deuil will depend an dere type of activity. howevercompliance nreas as well as "atattagement" for activide; may, be considcrM tasks. The followbyexampleuInt eitdcAtoshowdie relationship ofthecomponents ofsproject.Acomprehansiveprogram.consist• in$ ofat kap 2 projects: would be more detailed. Cuyt lea NOWT 4 Project ActivBin Tyska Activity I1 Select Reelpiems Ime eta Reduction Advertise QUW4 Pn¢ny — Prepare WV,% 61, OwnerOccupams, Pntgrsm Certify,Applicams chnxfivns Adlvuy"12 AcrluisilkvMpemolilion klemify Appraise Pr peny Nt gotiWe sults — chnc Rekwafion,S Properties Structures 4r=mcm Nuaily Residemy. Secure replacement Niusiag AtOV4,#3 Review, Anip Project HmabliA GeneralAdmiAimratim Pnrgrant andvotnplianre timelines Design reaponsibilllks 0 HRA Agenda - 1/4/84 S. Consideration of Using Tax Increment Financing in Conjunction with Erecting a Speculative Buildinq. (A.P.) A. REFERENCE AND BACKGROUND: During the last few years Monticello has tried to erect a speculative building but with little success. Most developers were reluctant to take the risks associated with this type of investment. Reasons for this were blamed on a sagging economy. Now the economy is on the upswing, and I have located a developer wishing to invest in a speculative building. The company is Veit Construction, Rogers, MN. Their proposal is to construct a "Cando" style facility with either leasing or buying the property from Veit's. Veit's would like to use tax increment financing as an incentive. This would help take the risk out of not leasing/selling all units. Veit's are presently doing some preliminary plane for the project. I am also working with them in locating available parcels of land and prospective tenants. B. ALTERNATIVE ACTIONS: 1. Not working with Veit's by disallowing the possibility of tax increment financing. 2. Pursue tax increment financing for a "Condo" typo speculative building. C. STAFF RECOMMENDATION: This is a good chance to bocomo more competitive in economic development, ospecially in attracting buoinossos who want to move fast. We recommend looking into tho possibility of using tax incromont financing and/or other forms of financing to help developers with a spec building. D. SUPPORTING DATA: None noodod at this point. - 4 - I HRA Agenda - 1/4/84 6. Urban Development Action Grant Eliqibility Renewed. (A. P.) A. REFERENCE AND BACKGROUND: As of August 1, 1983, Monticello was taken off the list of distressed small cities. This made Monticello ineligible for UDAG funding beyond that date. Because of legislature during 1983, we are now again eligible to apply for UDAG funds. This will be temporary because the standards for distressed cities will be revised, thus, making Monticello ineligible in the future. B. ALTERNATIVE ACTIONS: No action need be taken. This is informational. C. STAFF RECOMMENDATION: Although there is a considerable amount of work involved in a UDAG application, we would like to take advantage of this opportunity. If you know of a firm that may be thinking of expanding or relocating but cannot proceed without additional financing, please have them contact A. Pelvit or T. Eidem at City Hall. D. SUPPORTING DATA: A copy of HUD's notification of UDAG eligibility. =W w •, a� U.S. Depanmsnt of Housing and Urban Devebpment Minneapolis St. Paul Area Office. Region V 220 Second Street South Br' • xlge Place Balding Minnsapces. Mevtesaa SSW 1 OFC 2 ` 683 Honorable Arve Grimsmo Mayor of Monticello 250 East Braodway, P.O. Box 83A Monticello, MN 55362 Dear Mayor Grimsmo: SUBJECT: Urban Development Action Grant (UDAG) Program The recently enacted Housing and Urban - Rural Recovery Act of 1983 affects a number of small cities in their eligibility to participate in the Urban Development Action Grant Program. Section 119(B)(1) of the legislation grandfathers in any small city that was UDAG eligible for Fiscal Year 1983 and lost eligibility based on the March 1, 1983, Federal Register listing. The Act provides that these cities continue to be eligible until the Secre- tary of HUD revises the standards to include the extent of unemployment, job lag, or labor surplus as standards of distreso. This means that your community is aqain eliqiblo to submit a UDAG application, providing you have mot the requiremonts of Section 570.453 concerning demonstrated results in housing and equal opportunity in housing and unemployment. The next closing date for small cities applications is February 29, 1984. You will continue to be eligible through the quarter in Which HUD implements the new standards. We will keep you informed of those proposed changes. Should you have any questions, please feel free to contact the Oommunity Planning and Development Division of thio office at (612) 349-3022. Sincerely, Thomas T. Poonoy Manager, 8 C