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HRA Agenda 10-01-1997AGENDA MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, October 1,1997.7:00 p m, City Hall MEMBERS: Cher Brad Barger, Vice Chair Steve Andrews, Darrin Lahr, Bob Murray, and Dan Frie. COUNCIL LIAISON: Roger Carlson. STAFF: Rick Wolfsteller, JeITO'Ner71, and 011ie Koropchak. 1. CALL TO ORDER. 2. CONSIDERATION TO APPROVE THE AUGUST 21, 1997 HRA MINUTES. 3. CONSIDERATION OF ADDING ITEMS TO THE AGENDA. 4. CONSIDERATION OF AN UPDATE ON THE STATUS OF THE PURCHASE AGREEMENT BETWEEN THE HRA AND LARRY SCHLEIF. 5. CONSIDERATION TO DEVELOP TIF APPLICATION GUIDELINES. 6. CONSIDERATION OF COMMISSIONER'S INTEREST TO ATTEND THE STATE NAHROCOMMUNITY DEVELOPMENT CONFERENCE. 7. CONSIDERATION TO AU1`HORIT.E PAYMENT OF HRA MONTHLY BILLS. K. REPORT BY EXECUTIVE DIRECTOR: a) Update on the Council adoption of a Resolution of Intent to develop a john Cay/National Guard Community and Training Cerner. b) Status of preliminary concept designs for the North Anchor area. c) Status of Extended Low -Income Housing Committment Agreement between IIRA and Presbysterian Homes. d) InconclHousing Price Tables. 9. OTHER BUSINESS. Ill. ADJOURNMENT. MINUTES MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Thursday, August 21.1997 - 6:30 pm. Special Meeting MEMBERS PRESENT: Chair Brad Barger, Vice Chair Steve Andrews, and Darren Lahr. MEMBERS ABSENT: Bob Murray and Dan Frie. STAFF PRESENT: Rick Wolfstelter and 011ie Koropchak. STAFF ABSENT: Jeff O'Neill. COUNCIL LIAISON: Mayor Bill Fair. WALKING TOUR OF FRONT STREET AREA HRA commissioners, staff, and Mayor Fair met and observed the property located at 3 Walnut Street. The said property is under consideration for acquisition by the HRA for the purpose of future redevelopment. The commissioners noted the age and condition of the structures (home and detached garage), storm damage to the structures, parcel size and location, and general appeal of the existing neighborhood. Additionally, the commissioners toured the HRA property located at 220 From Street. A garage and small shed exist on the property and upon entering the garage. HRA members noted storage of two motor cycles and other personal property not owned by the HRA. Currently, no tease agreement exists between the HRA and another party. SPECIAL MEETING 7:00 p.m. - City Hall GUEST: Larry Schleif, representing the 3 Walnut Street property. Chao- Barger catled the special HRA meeting to order at 7:20 p.m. Darrin Lahr made a motion to approve the August 6, 1997 HRA minutes. Seconded by Steve Andrews and with no corrections or additions, the minutes were approved as written. HRA MINUTES AUGUST 21,1997 3. Consideration of adding items to the age. Consideration to discuss the terms and conditions of the Private Redevelopment Contract between the HRA and Presbyterian Homes was added under item 6.. Other Business. 4. Consideration to review the purchase option of August 6 1997- for possible amendment of the motion (3 Walnut Street) Chair Barger thanked Mr. Schleif for taking the time to meet with the HRA Schleif noted he was surprised at the HRA's reaction that their March 1997 appraisal of 586,000 was high. An appraisal obtained by Schleif after the storm appraised the property at $83,000. Prior to the storm if would have appraised at $88,000 to $89,000 indicated Schleif: Schkif outlined his four options and noted the convenience and beauty of the location: First, demolish the existing structure and construct duplex for rent. Next, buy out his sister and remodel as his own residency. Thirdly, sell on the open market. And fourth, remodel for long term rental, five plus yeah. Barger noted the HRA's preference is an option to purchase rather than an out -right purchase. Schleif stated as rental property the value will only go up. The roof and chimney on the house were damaged by the storm and the chimney has been repaired. The garage received roof damage plus trees were lost. He estimated repairs in the neighborhood of 3300 for chimney. S 1.500 for roofs, and 3150 for miscellaneous for total repairs of 51.950. Schleif continued he would Inke something accomplished at this meeting. If the HRA offered $83.000 as is, will you take it? Schleif responded maybe. Schleif agreed to the offer but since the property is in an estate he must check with his sister. Are you interested in a contract for deed? Schleif responded he must check with his sister and his attorney. Based on Schleif s appraisal of 583,000 and the elimination of the HRA to pay relocation and replacement costs because the property is vacant, Brad Barger made a motion to purchase the property located at 3 Walnut Street in the amount of 583.000 on a contract for deed thereby amending the HRA motion of August 6. Terms of the contract for deed: 30 -year amortization, balloon payment in four years, interest rate basal on the prevailing FHA rate at time of closing. Steve Andrews seconded the motion and with no further discussion, the motion passed unanimously. Schleif requested the consideration to use the garage for storage of vehicles over the winter. This to be further discussed pending HRA liability. Schleif to confirm the agreed upon HRA offer with his surer and attorney. Because the estate p in probate he did not anticipate the closing until around the end of September. The next HRA meetings are September 3 and October I. HRA MINUTES AUGUST 21. 1997 Consideration to review the approved 1998 HRA hudaM. HRA members reviewed their approved 1998 Budget and re -affirmed their August 6 decision to not authorize a HRA levy. Budget to be submitted to the City Council as informational. Other Business After visiting the HRA property at 220 Front Street and noting the storage of personal property in the garage, the HRA requested Koropchak draft a letter to Michael O'Connor for removal of the personal property. It is understood the two motor cycles and personal property belong to Mr. O'Connor. Added auenda item_ Consideration to discuss the terms and conditions of the Private Redevelopment Contract between the HRA and Presbyterian Horses. Koropchak informed commissioners upon reviewing the contract for the fust pay-as-you-go payment due in August 1997 to Presbyterian Horses, it was noted that the HRA had not received any reports from the owner as outlined in the Extended Low -Income Housing Commitment Agreement between the HRA and Presbyterian Home Housing and Assisted Living, Inc. The owner to receive annually from each tenant a signed "Certification of Tenant Eligibility' and submit a copy of the annual income certification, documentation. and rent records to the HRA. Additionally, the owner agreed to submit an annual certified report "Certificate of Continuing Program Compliance" to the HRA 30 -days after each anniversary date (May 1996) of the projects occupancy date. This is important to the HRA as the TIF Housing District was approved as a "Qualified Housing District" which means the district is exempt from the HACA Penalty. To be a "Qualified Housing District" the project as elected by the owner must meet the 40.60 Test, Federal Code. The 40-60 Test means at (cast 40°/s or more the residential units in the project are both rent restricted units and occupied by persons whose income is 60°/a or less of area median gross income. It is importam for the HRA to receive such certification from the owner in case the IRS would audit the HRA states Attorney Bubul. In speaking with Presbyterian Homes, they appear reluctant to submit such information. Presbyterian Homes reports sorra authorities require nothing and others like Minnetonka want everything. The elderly do not understand the requirement and many wish not to share their income information. Koropchak asked HRA members whether to pursue the issue. HKA members re-all'm ned obtaining the necessary reports as agreed upon in the executed Extended Low -Income Housing Commitment Agreement. HRA MINUTES < JST 21, 1997 7. AdjoYmm=, The HRA specid meeting adjourned at 8:00 p.m 011ie Koropchak, HRA Executive Director HRA AGENDA OCTOBER 1, 1997 Kasey KkUberg, real estate agent, and Irwin Hawkins, owner, of the property located at the corner of West River Street and Locust Street will come before the HRA to request consideration to purchase the Hawkins parcel, PID# 155-010-054011. It is my understanding the seller needs to cas6-out in order to purchase a new home. If the HRA is interested, you may want to authorize an appraisal of the property. 0. 44- r�♦y 1 � i 9 WEST 5R r_,` CITY IV ipTiCi7.0 t 51 21, j I•' `r /t f HRA AGENDA OCTOBER 1, 1997 A. Reference and flAdigaHMIL After the HRA and Mr. Schleif agreed to the purchase price of ($83,000 as is) and the terms of the Contract for Deed, Mr. Schleif informed me his sister also agreed. In the meantime, I'd spoke with HRA Attorney Bubul and he suggested a purchase money mortgage rather than a contract for deed which would allow the HRA to receive the deed upon closing rather than aeon satisfaction of the contract for deed. Without the deed, the HRA can not demolish the buddmgs, therefore, the HRA must consider renting. 1 did ask Mr. Schleif to consider a purchase money mortgage; however, W. Schleif s attorney, Ken Holker, recommended he go with the contract for deed. At that time, Mr. Schleif requested the following appliances be excluded from the purchase agreement: refiigerator, washer, and dryer. In a conversation with HILA Chair Barger, it was determined the purchase price offered by the HRA was $83,000 as is; therefore, this is reflected m the Purchase Agreement drafted by Attorney Corrme Thomson. Kennedy & Graven. Hopefully, the Purchase Agreement a executed by both seller and buyer by the October HRA meeting. Mr. Schleif expects the estate to be in probate through the end of ' October. Copy of the Purchase Agreement attached. SEP 24 '97 14:57 IDMEDY 8 f3i WM P. 3/10 i PURCHASE AGREEMENT L PARTIES. Tbis Punftse Agreement is made this _ day of 11997 by and between LARRY SCHLIEF ("Seller) and HOUSING AND REDEVELOPMW AumoiaY IN AND FOR THE CITY OF MONTICF.LLO, a public body corporate and politic ("Bayes")• L SUBJECT PROPER'L'Y. Seller holds a putative interest in that certain real em (the 'Property) located at 3 walnut Street, Monlmllo, Wright County. Minnesota and legally descn'bed as follows: Lot 6 and the eaa* 33 feet of Lot 7, Original Plat of Monticello [Note: legal deseripaoa is v*oa to vaificatim) 3. OFFEVACCEPTANCE. In wasidetation of the mutual agmements herein camteined. Buyer oiTas and agrees to putchm and Sella agrees to Bell and hereby greats to Buyer the exclusive right to purchase the Property and all improvements thereon, together aim all appurtenances, including, but not limited to. guden bulbs. plants, shnft tress, and gra 4. PERSONAL PROPERTY INCLUDFD DV SALE. The following items of personal property and 64ses owned by Seller and currently located on the Property we included in this sale: refrigerator. washer, dryer. awrm windows and inserts, storm doors, screens. awmags, window shades, blinds, eurtam-ftverw4mpay rods, attached lighting Sxt►aes with bulbs, ` plumbing fixtures, sump pumps6 water beaters. heat- systema. bui m epplumca, warn softeners, garbage disposals, installed eatpet qr work benches, television antennas and hood -fans. j Upon delivery of the deed. Seller shell also deliver a Bill of Sale for the above pasozW property. L PURCHASE PRICE AND TERMS: A. PURCHASE PRICE: The total Pwcban Price for the real estate and personal paoporty included in this We u Eighty -Three Thousand and No/100ths Dollars ($83.000.00). IL TERMS: (1) EARNEST MONEY. Seller acknowledges receipt of One Dollar ($1.00) as carnag money. (1) CASH AT CLOSING. Buys agrees to pay by check an the Closing Date the sura of Nioeaea Tbma nd Nine Hundred Ninety -Nine and No/100ths Dolkrs 019.999.04 (3) CONTRACT FOR DEED. The remaining balance of Sixty -Three Thousand and No/100ths Dollars (563.000.00) shall be financed with a contract for deed in a form substantially similar to tdue attached Exhibit A. t'Oo attmw payment roavlrett try rho ootutract nor ace0 saw ee aetsrmrneo O nsessr �anu•s 1 SEP 24 .97 14:57 KENWDY & GFNNEN P.4i10 as of the Closing Date by amortizing the balance of $63,000.00 ova 30 years at the applicable FHA rate on the date of closing, with a balloon payment after four years. (4) DOCUMI MM TO BE DELIVERED AT CLOSINO. Seller shall deliver to Buyer: Contract for Deed required at paragraph S(B)(3) above. Bill of Sale required at paragraph 4 above. Standard form Affidavit of Sella. Waiver of Relocation Benefits as to rental activities, as required by paragraph 14 of this Agri. Such other documents as may be reasonably required by Buyer's title examiner or tide insurance company to establish good and marketable title in Seller, subject only to Buyer's contract for deed. REAL ESTATE TADS AND SPECIAL ASSESSMZNT& A. Seller shall pay at or prior to closing all real estate taxes due and payable in 1997 and prior years. B. Seller shall pay at or prior to closing all installments of special assessments, payment of which is due in 1997 or prior years. 7. MARIETABUW OF TffLE. The Sellawithin a reasonable time after acceptance of this agrccm=t, shall furnish Buyer with an abstract of title or registered abstract of title to the Property. certified to a current date and including proper acarches covering bankruptcies, judgments and tax lieas. Buyer shall have twenty (20) days eller receipt of the abstract to examine the same and to deliver written objections to title, if any, to Sella. Seller shall have sway (60) days after receipt of written objections to cure title defects, at the Seller's coat. In the event that tide to the Property cannot be made marketable by the Seller by the Closing Dam then, at the option of the Buyer, this Purchase Agreement shall be mull and void and the Earnest Money shall be refunded to the Buyer. a CLOSING DATE. The closing of the sale of the Property shall take place on or before October 31. 1997, or at such earlier or lata daft as may be mutually agreed upon by the Seller and Buyer. The clodag shall take place at , or such other location a mutually agreed upon by the partim 9. POSSRSSION/CONDITION OF PROPERTY. The Seller shall deliver possession of the Property to Buyer by 4:00 p m. an the Closing Date, in the same condition as the Property existed on the date of this Pumbno Agreemem, reasonable wear and tear excepted. Seller shall remove all debris and all persaaml property from the Property prior to the due of possau kuL IL DAMAGES TO REAL PROPERTY. If the Property b damaged prior to closing, Buyer may rescind this Purchase Agreement by notice to Seller within twenty-one (21) days after Sella notifies Buyer of such damage, during which 21 day period Buyer may inspect the teal puopaty. w°1inu'•i'9 2 SEP 24 '97 14:58 KENNEDY & GRAVEN P.5/10 and in the event of such rescission, Seller agrees to execute a cancellation of this Purchase Agreement and tannn the Earnest Money to Buyer. 11. DISCLOSURE; IIe11MMUAL SEWAGE TREATMENT SY91rDL Seller discloses that there (IS) (IS NOT) an individual sewage treatment system on or serving the Property. If there is an individual sewage treatment system on or serving the Property, Seller discloses that the system (IS) (IS NOT) in use, and Seller further discloses that the type of system is a system, and Seller agrees to titmish the Buyer with a map showing the location of the system within five days of the date of this Agreement. 11 WELL DISCLOSURE. Buyer seimowledges rompt of a well disclosure statement, Which is areae heel to this Purchase Agreement as Exhibit B. 13. SELLER'S WARRANTM& Seiler warrants that buildings, if any, are entirely within the boundary lines of the property. Seller warrants that there is a right of access to the real property fent a public right-of-way. Seller warrants that there has been no labor or material famished to the property for which payment has not been made. Seller wsnrents that there are no pretest violations of any mtrictions relating to the use or improvement of the Property. Then warranties shall survive the closing of this transaction. 14. RELOCATION BENEFIT'S. Seller acknowledges that this Purchase Agreement is not MA de under threat of acquisition by eminent domain proondiML Seller dinther represents and warrants to Buyer that the Property is vwm and unoccupied and that them are no persons eligible to receive relocation benefits or assistance as the result of the Buyer's acquisition of the Property. This warranty shall survive closing. Seller eg<oes to waive any and all relocation benefits, assistance and services, related to the Property. Seller sprees to provide to Buyer at Closing a waives of relowtlon benefits executed by all owner(s) of the Property. 1S. NO RROfo U INVOLVED. The Sella and Buyer reptesen, and wen= to each other that them is no broker involved in this transaction with whom they have negotiated or to whom they have agreed to pay a broker coatmi Wom Buyer agrees to indemnity Seller for any and all claims for brokerage commissions or finders' fees in connect' am with negotiations for purchase of the Property arising out of any alleged agreement or commitment or negotiation by Buyer. and Sella egteo s to indemnify Buyer for any and all claims for brokerage commissions or tinders' fees in connection with negotiations for ptaehase of the Property arising out of any alleged agreement or eammdtmew or negotiation by Sella. 16. NO MERGER OF REPRESENTATIONS, WARRANTIB. All representations and warranties contained in this Purchase Agreements shall not be merged into my instruments or conveyance delivered at Closing, and the parties &fall be bound accordingly. 17. ENTME AGREMENT; AbUNDMENTB. This Purchase Agwmem constitutes the entire agreement between the pardes, and no other agreement prior to this Purchase Agreement or contemporaneous herewith shall be effective except as eWady cert forth or incorporated hcmin Any purported omemdmen &hall mot be effective unletn it" be set forth in whiting and exeetted by both parties or their mspe ctive successors or assigns. caamremn wua•r SEP 24 '97 1459 KENNEDY a GRPNEM P.6i10 I& B1NWG E VF=, ASSIGMN'P. This Pumbase Agreement aEell be bmfts npan I` and imm to the bewfit of the parties and their respective heirs, mceQuois, • r , suooessoas and assigns 19. NOTICE. Any notiea, demand, regtaat or other moa vdkh mayor sball be given or served by the psrtles"be dwmod to have been given or served on the date the setae i is deposiud in the United States Mail, regisaered or oaxtified, postage prepaid and addressed as AL If to Seller b. If to Buyer: Monticello HRA Atm: 011ie Karopchek P. O. Box 1147 250 East Broadway Monticello, MN 55362 X SMXnC PMOBMANCL This Pattehsw Agreement may be specifically enforced i by the patties, provided that arty action for an, enfotoe new is brought whbin six months after the dace of the alleged bra" This pazagnph is not iatmded to create an exclusive remedy for branch of this agreement; the parties reserve all other remedies available st law or in equity. 4` IN WITNESS WHEREOF. the parties have ouecuted this agreement as of this date wrhten above. Larry Schlief BUYER HOUSINO AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF MONTICELLO By Its C wmnon a BY Its Exeoutivo Direetar onsess Ialape r.Rav1 4 r..m w 1m ...�?.Z�.]".�.rr.+. No doiiagomt, taxes and wandw meseet CDOVUBoab of Real Bwata Value 1 I Bled 1 ►sot tenured to Coanty Aaditar By Deputy oe...es ar'.mrdl�a OeW MORTOME REGISTRY TAX DUE HEREON: • ow...a e. •aces.' . 0 m ov.w►&as Lw 119— TUM 19_T M CONTRACT FOR DEW V made an the above date by (mean of record omer(a) l BousLug and •adaveloOaent Autbority Lu and publ"Mghv"vmo BeOwlt►>Satbtw aasar mwrt. od for the City of ttonetcalle aaoraorate and eolit: undw rile laws of Parehaau Iwhothar one or mon). Sw3w and Parches apes bibs feumhw OWnw; 1. PROPBLTY DBBCRIPTION. BsDw braby seta cod Perebaw WAY b ^ real picWty In Coaofy. Mlmaseta, detalbd as known Lot 6 and the easterly 13 feat of Wt 7. oriainal Plat of Monticello (legal to be voriltedi ' toptbar wtth eU beradltamwus and � � � , , „, , . bsloe•ln• thee to Itbs onpwR76 . •.TVMS. Baum owarranb tthaat�tatm to Cho aPrr omety 14 m ab drug d ebb mmttatu aubjea only b the ��pp �sla000s d mlamals v Af ahs aaO� mu aw Idl Tda d w m ift mks d oewemaata wbhb an pay" by bpatogapi 9 d d WISDOM sod (d TAe Ilsna'ar pow A DZURVERY OF DERD AND BVmBNC® OF Inn& Upon Pmrbaaw'e oromPt and &A pw•wmana at U" 8413W $1,00 >Baleltar. a�aowlsd•s sad drUrm b Pbaiasw • Yar=eats �,b tesordsbr ham. �rgbs mYtmmAtr tltL b tins Aapww to POrebMw. samen soty to xis ftwwty Sumdom W Tts eaosoNoasrdwrsd m b ct pwwmpb MIL (w to ato d uds eoatraett M LdsmR ........ .. „ . adeww Hats w athw mmum wA A Fwdwsw AY ossbm&mllasd or pwadi ad to amus enm Uw dins of Oft tomrata ood SEP 24 '97 1500 KENNEDY 5 GRAVEN P. Bi 10 IIIA The lWordng lima or s rnbraoeas: Nona and (b) Deriver to Putthassr the abstract of title to the Property ce. if the tits is roglaLwed. the duplicate •-••in^ab of title. • PURCHASE PRICK, purchaser shall pal, to Sellm at [ insert addrea■ of sellarl the sum of to 83_0nn_nn [ es and for the purchase peke for the Property. payable as foi o- 1) 020,000 upon execution of thle contract. receipt of which to acknowledged by Sellar. 2) Your annual Installments of 0oath, which shall be payable on , 199 1998. . ISOand . 2000 (installments were calculated uoina an annual interest rata of _S amortised over a 30 -year parted]. 3) The balance of 0 shall be due and payable on 2001. Interest on this contract shall accrue at the rite of ^ percent per annute. a. PREPAYMENT. U �ath�iw provided Is this eont+wat, purchaser shall shall be apright to plied first to pexypmao�t amounts thea due ands tits eon Utne _traetfYttwt armalq� y Paruw�� � balance shall be apptMd to Cha pefndpwaldaL u[ to bematttdi in b� le! tin of titdr maturt4. PrertLl �pa�mmt &hall ttilu. r_�it� • aha - pats purwrat to Wa ooetratt or ahatp Iia amwot of soca 6. REAL ESTA77 TAXES AND ASSESSMENT& Purchase shall pay - 1, penalty @otrur, all tel @stab taw and leata[htamta d spacial mommismots ammoo d sawn" tis Rw- irhkb ars due and payable In the year 19 and LD in the all subsequent ream Rod estate t is dated � ��d GPaHl aaraamenL which an due and pa aa in whkb �sa d Sellar •hall pay all real estate taxes and installments of special aeasemasnts due and payable Ln 1997. Ian the peath" the � ten rNeb this Insta0mam4ontract Is ��apecial somwe Paw �U which Wets due and payable in 7. PROPERTY INSURANCE. (a) INSURED RISKS AND AMOUNT. Pumbesr shall hap all bulldlnss. improvements and �frltls�uutrasadnow �s larnaldoos milachllocated an ed as4� U @taamof the Property �eaaxp�lMo�sioomn evaind w at Ion" by tba amwtnt of .J B]_OOD. C6 I! �y of the py[l�it� i ce Rstuta s an located to a bdaralb dsdsoatsd food props ars. and U flood lasuraaea la avalbbia for ilei arae. I7htreharr shall procure and malaWlnn find Inauranos In amounts reasonably rUOWMb Sells. IW OTHRU Rd/S. 7ba policy shall contain a Mea payable clause in Cover of Beller whlcb pretddaa that BaBm'• right to recover under the insurance @bell act be tompstred by may mots or amfaalona of 1'urrh"mr, or Bahr, and under @mtalled standard merrgaSA dausa. mad prlvllmges cuetomarlly Provided • 1U N P DAMAGE. to lbs swat of d,maSm to U0 Property by M or other Casualty. PYrdwm shall promptly give nouee of such damage to ashler 0434 the Ioauanoa company. 9. DAMAGE TOrKE PROPERTY. _ firs or _ hal APPLICATION oonsproceeds �mANCZ of such It the case is bwb�of Lin amounts M rawrlt�. the by fppwaul��amabiia�myt wd reads comas" seen it such accounts on opt maptbo les pr7� mawrut . Oucand rosp smshall a" ometamme Lbs, amt 40election ppLkd to a accrued 0 T.M mtobe first ab p0td�r� M" P'oPerty or a/ chane ptoms0s. if SZP 24 'Se 15:1Af .ErwgC L)Y d C-PAVEN P.9i10 (b) PURCHASER'S ELECTION TO REBUILD. It P'utrhasm is not In def uLL under this contract or aftf curing any ouch default, and it the mortgage•• In any prior martga�se end esters in say prior contracts fes deed do not require otherwise. Purchaser may elect to hawLbat pardon of such Insurance proceeds to repair. replace or restore the dsomieed Propm (the es1r weirlt) deposited in aeeo.r with • bank insurance company Qualified to do business in the3tate of�Minnesota. or ouch other Dartyy u mayy M mutuallyp �+aabe toAwr Solids, and ueha. The election my only be made by written notice to Sstler wlthfn sixty day. after the rlmnage occur. Also. the electlea will only be permitted if the plains and speeilkadons and contrauu for the repair work ors appro—d by Seller. which approval Salim ahaL not unreasonably withhold of delay. It such a permitted election Is made by Purchaser. Seller and Purchnow shall jointly deposit, when oald. such inaarance proceeds into aurh esoow. It such Insuam piooeade are lawt8afeot for the repair work. AurL.r shell. before the commencement of the repair want, deposit into such escrow sufficient additional money to insure the full Pa t for the repair work. Even if the Insurance proceed are unavailable or tea iasufficfset te paY the cwt o! hetepa4 wmk, Purcltaw .ball at all Nmes be responsible Wpay the lull cwt of the repair work. All escrowed htnde .hall be disputed by the estaowee in actnrda ice with generally accepted sound ooaatructbn dlsbureemut procedures. Tho tats incurred or to be incurred an aoewtnt of such want Purehaaer abaU complete the rvpslr work as wren an reasonably possible and in a good and workmanlike manner and in gay ewne the repels, work shall be completed by Purchaser within one yeas, after the damage occur• It,the eamplettoa of and payment for the repair work, tbme remain any undlehursd eocroa funds. such funds, -hall bs annUed . payment of the amounu wyablo by Purrhosor under this contract in 9. INJURY OR DAMAOE D CURING ON THE ids, PROPERTY. la) LIABILITY. Solshall be fres from liabilityeach ctaimo for demegue by reason of lafurbe o maing on or after the date of this contract to any person crsoot r property while on or about the pert Purchaser atop defend and indemnify Seller from all Wbll�ltyy. loot, testa and obliga Lions. including reasonable attorney's few on account of or arising Cut of any such LalurNe. However. ==hall craw no Iebllity or obligation to 8d1er for sorb injuries white are d:auad by the mgliaeuoe r inwrongfultentionawrongfuldu m seta oiadow of Sed1w. (b) LIAHILI'!7 INSURANCE. Purchaser s at seri •owe upense, process and taafetsla Wblhry instarsme against claim, tor bodily Injury, death aradpr eeppeerescy damn8s OC uK g on r about the Property b amounts reasonably satisfactory to Salim area osming Beller u .n admtwn.l Insures. 10. INSURANCE .GENERALLY. The insurance white Pumhasor is required to procure and maintain pursuant to yore Diu 7 and 9 of this contract shat be Issued by as Wursaoa ya y r dbmpautea lleeased to do nab iltwsi In the Siete of Mlasaaote a� atzapteNa to 8dlar Tea Issurama�hileltLa malntalnad b Purchaser tt all timao while any amount remains unpaid ander this contract. The lnsermrce policies ab&U provide for sot lase than ten days written notice to Bell- before cancollsLioa non-renswal. tarmination or chaeta• in tovera fs. and Pu chs— shall doUvdw to Sailer a duplicate original or certificate of such insurance policy or peolkies. 11. CONDEMNATION. If all or any part of the Preprty is taken in condemttatloe peooaadlttga IeatlWtW uhf power of eminent domain or is convoyed in lieu thief —tar these Of eosdsmaafjm the ttwt+sy paid puratunt to such eosd—Lian or conveyance in lieu thereof shell be applied to payment tai the amounts payable by Purchaser under this contract. oven U such amounts are not than don to be Such antounte MW be applied first to unpaid accrued interest and next to the in-11anonts to be paid asprovided in the contract in the in -ern order ed their maturity. Such payment shall roc postpone the don date of the installments to be pais puravamt to the contract or clangs the amount of such iastallmaats. Th* balance, it any. shall be the property of Purchaser. 12. WASTE. REPAIR AND LIENS. Purchaser alWi not remove or demolish any buildinge. turprovsayats a flsturew now or later located on r a t wt of tb• Propwt nor •hall Purchaser commit r allow waste of N• Property. Purchaser •ball maintain the ��rr��pp����y in c'n"Uon and r�eppp��pp Purchaser shell not create w permit to accrue Uene or adverse claim• apin•I the y which-onatlletto • lion r claim against Seller's nota»ee In the Property. PureMar •hill qy ts 8ollor •••WWLLL amounte, esu and oxponaes. Including roasoa•hb attorney'• foes. incurred by Seller to remove any such Urns r adverse -elms lia. DEED AND MORTGAGE REGISTRY TAXES. Saler shat. upon Purchaser's NU performance of the contract. pay the dood tax due upon the recording or filing of the dead W be delivered by Sailor to Purcharr. The mortgaggee registry, tax don upon the recrding or Most of tills oonuact •hall be Paid by the party who records r Des this contract; however, this provision shall not ionpotr the rlaht of Holler to co e -t ham Purchaser the amount of such to actually paid by 9albr u provided id the appllcabb law govarniag default ted asrvits of not" of to Tainstkur of ML conr•ct. 14. NOTICE OF ASSIONMENT. I f ./cher Sellar or Purchaser assigns their Interest In the Property. • copy of an.eb shell aimpti be furnished tow ronaud lgng party. Is. P ECTt10N OY 1 NTERF.STS. It Purchaser falls to pay any sum of money required under the terms of this contract r (mile to porfrm any of Purchases'■ obligations so est forth In this contract. Solar say. at tiallw'a aptldrn, pry the seers or sues the esus {p be pAomtad, or bot. and the amounts so paid by Sollor and the cat of snob psrtormsrus shall be payable at once, with interest at the rate stated in paragraph s of this contract. as an additloel aw.unt dus Seller under this cmuac.t. If there now exieta. at U Sailer hereafter creates, suttws or permits to accrue, any mrapge contract for deed, tion r escumbrance against the Property which to not heroin upreee ly sesumed by Pure6aser. and provided Purchaser is not In default under this contract. SWlr shall Li—elypay W waounts don thereon. and U Sailer fails to do sq Purcharr mey, at Pu haw's option, lay any such A—nquent amounts and deduct the amounts paid from the 4arallmentiel next coming don under this Contract. 16. DEFAULT. The rite of performance by Purchaser of the terms of the convect Is an essential part of this contsa-t. Should Purchaser tel to timely perform any of the terms of this contract. Seller my. at Seller's, option, sleet to declare this Contract eanealLd and terminated by notice to Purchaser In accordance with sppheabe esu. AU right. tete and interest moulted wader blue eontsut by Purchaser .hal then d:e1s0 ed tsrnnlnate. and all improvements made upon wy rroparty and all payments mdo by Purchaser Pummel, w two Contract shall belong to Seller as Liquidated demegoe for broach of this contract. Neither the utandon oh the time for payment of any cum hereunder money to be paid herunder nany waives by Seller of Sailor's rights to declare the r contract ffaitod ant reason of any bresrd Wall in achy manner offset Belief'* right W cued WN cmtrmt henuse of defaults subsequently tnmuriug, ted m sateseen of time ahall be valid unless aped to in we%". After service of taut e of dstauft std faUun to tura ouch default within the period allowed by law, Purcbatr owl, u d.msnd. surrardpossession err tbs Proputy to Seller. but Purchases shall be entitled ro paaseseslf. of the yy unW r the expiration of such period. 17. DINDIN E VF ECT. The terms of Lids contract shall run with the lard and bund the partes Maw and their ,ucce Mere in interest. SEP 24 '97 15:02 KENNEDY S GRPVEN P. 1010 18. HEADINGS. Ho•ding► of tho paragraphs of this contract v for convenience only and do not define, limit Or comtrue the contents of such Paragraphs. 19. ASSESSMENTS BY OWNERS' ASSOCIATION. If the Proporty is sublect to a reeordod doclaratiou providing for aesq, as, msnu to be Levied agairut the Property by any Owners' auoci&Uon. which asaeasmante may may become a urn against the Property it not Paid. than: 1.1 Purchaser shall 'ptly p.y. !Own due. all assasameats imposed by the owtteri associstisa r other govarntog body so npulred by the provLam. of the dselaration Or Other related documants: and (b) 90 long u' the Owner; association maintains • Meter Or blanket policy of Insurance against fim extended courage perils and such other hazards and In such amounts as, aro required by this contract. them,- (1) henIll Purehaeer'• obligation In this contract to maintain he-ard Imus cm, coverage on rhe Property is satisfied; and IW The provLboe toya'&graph E d io this contract reaardLug applicata of Ida urace proceeds shall be mperceded b the provlsioas of the declaration or Other related doeamanLa. and (iii) In the event of a distribution of insurano pmosede In lieu of restoration or repair to"" an insured casualty lose to the Property. any such proceeds bis to Purchaser era hereby assigned and shall M Pala toS•Ler a for application to the m asettredd y this amtram with the eIICDeR if any. paid to Purchaser. 20. ADDITIONAL TERMS: SELLEMS) HDU6IDtC AliD RPDEVELOPMltT AUTHORITY LN AND FOR TRE CITY OF NONTICLLLO By By Its Cha iryarno I Its 6x•cutlua DIrsctor State of Miwn County of The foragoing Itutrtrm•nt wu ackmwledged before ro this _ day of 19 by wnlAlnsL DIAY► Oe aaAL roe orwas 1r oe —10 ..uww..,..a u. wu. w�V"Ftnl]C7tl-OTR[�inlibiwt. State of Ddinnssote County of The forogotng instrument was acknowledged before, me Me day of .19 by acv of • under the laws of on bah•11 of the —AL DtwY► ON DEAL tee OTHLA nrLz ora memo) ala MwtVaa OI YOTAa V1V•LIEOY OTfRY orvtctAt rte r• W .� rte. ��► u V W rNe�a Y�Y � r r 1.4 IMaIWYIYI — W -Le ar 4-8 —0 eoowaay FAILURE TO RE40ORD OR FILE THIB OONTRAC! FOR DEED MAY OWE OTHER PARTIES PRIORITY OVER PIIRCHARMR'R INTERERT IN THR PRAPF.RTV. HRA AGENDA OCTOBER 1, 1997 5. Considentia A. As you will note, one of the items on the City Council's priority list is to develop TIF application guiddmes. As you know, Mmnesota Statute 469.174_ defines the eligibility for use of tax inurement finance (TIF). On the local level, the 141LA has utilized TIF for projects by measuring the value of a project against the TIF Pols; however, no guidelines exist. The TIF policies were modified a few years ago adding Item 9. It is my thought, the request to develop TIF application guidelines is for the purpose to define a criteria for use of TI F. Such criteria might be minimum wage level per job created or perhaps a minimum wage total for total jobs created, minimum number of jobs created, or a minimum estimated market value (EMV) or a minimum per square foot construction cost of a proposed project. 71ne State of Minnesota now requires an annual report of the number of jobs created and the wages paid by businesses receiving financial assistance in an amount greater than $25,000. It may be wise at the same time to review the Preliminary Agreement which must be executed prior to HRA authorization to begin preparation for establishment of a TIF District. I have contacted both MA Ruff and Attorney Bubul to see if there are examples of existing guidelines from other communities rather than re -invent the wheel. Mark was not familiar with my written guiddisres and thought other connmunhies de mnurod the use of T1F based on the merits of each individual project (unwritten guidelines). Mark has given me the name of an individual in Champlin and Cortege Grove to contact. This is brought to your attention as the HRA has been invitod to the joint meeting between the Council, Pletming Commission, IDC, and City Administration on September 29 and you may wish to bring up the subject for discussion. Previous discussions cerneed around a mmanum hourly wage criteria. Enclosed is a copy of the frost page of the priority list end the policies adopted by the City Council and the HRA -TIF Policies and Preliminary Agreement for review and discussion. City of Monticello — Project Priority Listing Key j A - Urgent. B - Very High Priority, C - Priority, D - Mild Priority P I I RI,Rak I lime e-111=2-1111 ' I l.eI Protect D—ripd.n Tan Rry i A 1 1.60 Research 6 "^. t imt-I of aaratum from NSP to -NSP to bac. I Pwvsueea mcp 2 A � Determine -lestrn I'm CSAH 75 • steps to take to manage trwTic. Ad-Pc.,amm.t smatfw 3 A J.20 Dcfermmc aces stwf supple - par► sI, nisawk, and mowennnee. .yamrl Fin- Dn. Rn, 1 A I 1.00 Duect Ciry stalT to stsycv other cammunint tt - Devdopmcw Coq • Reyir fm Den San. Proles tam i A I.txl National Gourd Traudng Center development downtown or al high whooL Dry Sc- Ord Park. 3 A I.o1 Tree urthomcc undue and implemrnuaonrboulevard pinndq programlbeatim. Den. sin EDA MIA Iu4uaW r A 4.00__ Establish a me a ftuW f'or ae0uinnon of industrial Lad D.v S— ora Pan._ 3 A I.ou Snowmobdc urdinam:c amendment Dery S— EDMSRA —MCPJ A _� E.mlore the Went punch- uI'BN ROW m tate city area Elam shared were _ wmm Orsm 10 A 1.00 Define proper Ievel oiCtw Ccuacd tk Cotnmi non support imam Ciry Staf. I Den 5— ED UGL% \ICP 11 A fC1.20 I.aad acau4amn as availible Io carr, out downtown nvc&mt redeveiotmrnl. pwlpe Nw— 12 A I 2.75 Establish summer recre*oco pogrom and uac Matra for ctry balm a. .v Crw Sun. sense 13 A 1._c0 I Develw pnunties for sravtw dclvm - Idenuty measwq ofservice. Pwl?a PIdt 14 A �I.30 Pathwav Construction along nva • Musiaapp D.. to Ellison Part I-. Tu R- 15 A 2.20 Prepare caps W tmptovemeat plan (city wade) for 3 - 10 5qn Ad -F--. Den It- 16 A I- 1.40 I'rcpae s cv on bla permit idaled coats (hookup chgs. acceas/ave chgs, ate.) i Do 541 EDAwtA _ommatcM7 A 1 2.60 Establish cummerctaUretad mvolvmg lam iprogram d e+� Dn sen O.a amry 1 B A 1 1.110 Ammdments to Cirv/puwwhfp Utbamzanun Agmment A mop 1). Sen Ora .Amy 19 A 1 im Subttut Bump plana m MOAA far fowl ratlticanw. D. S— EUA'IOIA L—,NIC 20 A C3—.41C Dcvclup a kwa ptuo= and gwdelwn mco ragm rcmodclmg of aging housing �v— Pwmsuero sr.w 21 A 2.20 [Nall cumprehensmve sip mawtntancc and repLucment prolpam EDN1(RA trA uw 22 - i 2.60 Develop and encouiuc b u aw retention and cQmusun. _ � I k .,,P.ru Paw 23 A 210 InvesovWe r-o,en ng mthwav for —ter ttso. Pw,?.0 Pon 24 B 1-2.40- Pave rink at nth sued pink to allow taller baekv. 7 Ar—P-1 C—A 25 B 1 2.20 Evoluatc PfffurmMCa wpm-1—tem, 1 D.. S.- EDAIOIn .sea. 26 B I 1.W Dcvclop TIF applcanon gwtkli:- Pwmsa.m sun... 27 B I} 1.50 lash new mo.T4-mWmow remuval p.L- Pwlp 1 Uses 28 �0 1 1.10 Establuh -mehens4ve pink ntR nicrum a =wam. t1n sun R.mer It. 29 a l 400 Kielty ii Wen .an sewe, cannnnun male. I . sun ora %ICP 30P 7.U0_ Act on funue MCP Main— I n.v sin Ptvper 1.,31 0 I.w Rewlve pun colica—pmublrnu Pw,pans PI.. 32 —B 1.'5Dovclop tiler Nade/skate bu=d 1wk t'ncdirv. D.. sen tka _1tCP_ 33 4sclo XdMance amendment - t matte to concert with MCP Pw•P.rs. P» 34 II `4I0 Daun1 implement m'.slupt a Pau►' Pru 1- s4mwCwr 5- Ora.. 75 11 .1_1.541 [)dine proper lard ui Ml'P w flsul lrum cav aa1C I Aim 4asev 36 B I.w Cunmtaa educamo pLw- Council, cummnswm. A .tall'. -.L.! sun stdyR'P 37 R—tIII.ou _ Ordtrumec amntdtnrn� .Stand arclutewo ctl wb A Iu duvmtawn rdovcl0p1nent area ; p.v sin EI)MIRA \Il.`P 76 B 2..0 Act ver fu w. MCP -nam- • Rcd.v.k, -t a U"m I t1.v sun 39 B I 1.:0 C_uw_ ncrcwl roma5 -dumcu --P.Pn m.v tif urs uk afc,17 --_o D. sun Ia1A101.A Ia ,%K:1 00 0 _4 w FlFpurnr • .u.ut Jcv<Lr�enf ui up..cdo high drnnty n --lutist boua{! 4 Pw,s-. %I -t- 71 B _ 1.w_ 1u4n1 yrntwo wrt6_BuII.6 d I'LL III- I'm Afwnmaw cold planer attachment. D- sin wxiu A '1ra ...2 B S.Su _ Dor pg -u- wkig nrnrmk • elected wlku", rsaltm. boW=, mtWn Imd owner, k 1 Sf. B.v s.ry Es1MDtA ;ammv 1R:F 13 0 itto Fxpkn wherredevclupmem=arms. such w Cuhm. tall sadh td - D.v 9- tlra bt t 14 n`2,110 Aduit buuaeu campus - change name • reducer 30% pQlwe'IDeat. I K' t5n s.ry .yd- 75 U Lw_ Nr]=e Actual PLuwnA Rgaat I Jten FD.IMA t.,NICr16 n I 1.W Da �2klp. program andra4l nes Im a volatm acgwaoae Ia0lpnm - Ibphted boron v% yG wkl997x.wk4: 08/04197 Page 1 oK Office of the City Administrator 250 East Broadway MEMO Monticello, MN 55362-9245 Phone: (612) 295.2711 Metro: (612) 333.5739 TO: All City Employees FROM: Rick Wolfsteller, City Administra DATE: September 22, 1997 RE: City of Monticello Vision and Governing Policies Attached you will find a copy of the Community Vision and Governing Policies that was recently adopted by the City Council. The vision statement and resulting governing policies will be instrumental in providing direction to all city commissions and boards, along with establishing a policy document on how the City Council should operate along with administrative authority, boundaries, and limitations. The governing policies document is generally intended to provide City staff, and especially administration, with an outline of the general responsibilities along with budget and personnel responsibilities. Since this document will be new to our operation, it is likely that amendments and changes will occur in the future to fine tune the policy. In the meantime, I will be working with various department heads to establish procedures for evaluation of various services and programs we offer to determine whether the goals and objectives of each department are being annually achieved. Once these performance measurements are created, this information will be provided to all employees. While various components of the governing policies may not be new to our operations, I believe more authority is being granted to the City Administrator in all areas, including budget, personnel, and general responsibilities. The policy is intended to allow the City Council to be more involved in setting future goals and objectives of the City through the vision statement and allowing the staff to achieve thoso goals and objectives using city resources in any manner that can accomplish the goals. Hopefully, all staff members can work together to achieve our goals and objectives and to create a community we can all be proud of. CITY OF MONTICELLO COMMUNITY VISION & GOVERNING POLICIES roxtC[LLO SEPTEMBER a.1997 - As A60DW BV Cth Caaaea The Monticello City Council is an elected body representing the citizens, businesses and other taxpayers within the City of Monticello. As such, it is the intent of the Council to provide representative leadership to the community and direct the resources* of the City toward achievement of an intended vision (goals} Boards and Coons serve in an advisory role to the City Council, assisting the Council to make broad decisions and support the City Council by focusing on the details required to accomplish the intended Vision. The EDA/HRA also act as independent political subdivisions working in partnership with the City Council to achieve the shared vision. RESOURCES— Direct resource of the City include but are not limited to its personnel, budgets, boards, commissions, consultants, machinery, buildings, public works, utilities and other capital improvements. Indirect resources of the City include its citizens, businesses, community groups (i.e. IDC, MCP, Chamber of Commerce. Rotary, etc.), affiliated governmental agencies (i.e. Wright County, Monticello School District, ECFE, Head Start, WIC, etc.). The following statement of vales and related policies are adopted by the City Council for the purpose of providing a foundation for Council leadership and direction to the City Administration. VISION: (A definition of ends not means) These eommmnity visions will be the basis for the City Council in making policy to achieve intended rendu. A. Values and Intended Resutb — Ae sthetictEmvboamental The image of our city will be as a fiiadly, thriving, and proud community that has retained its small town charm and identity. The City will support paced growth and development so as to provide diverse, comfortable urban neighborhoods while preserving natural amenities for public use and OOVERN&MY: 967 Pp[ n The City will support maintenance and reimestmem in existing owner occupied and rental housing and business properties so as to discourage blight. Blighting influences on emoting housing and businesses must be controlled. Our city will have abundant parks and recreational spaces for its citizens. Its streets and neighborhoods should retain a park -like atmosphere that takes advantage of the city's location on the river and our developing pathway system. As "quality begets quality", public facilities and spaces should reflect pride by their construction and maintenance. Monticello should be clear, safe, well forested, and visually inviting. We will support pride in the place we call home. Social/Community I . The City will create and encourage opportunities for people to become imrolved and comneeted to their community on all levels (.e. civic, church, community organir"ore, government, etc.). 2. We will enoottrage civic and commmmity organizations that provide welcoming opportunities for people to become actively and cooperatively involved with thea neighbors, 3. The City will seek constant renewal through community volumcerism and celebrations that reflect our history, our current accomplishments, and our vision of the future. 4. The City will promote partnerships with other communities and governing agencies to share a broader view of community. S. The City will strive to gam regional recognition at a desirable place to live and work ("Our kind of place") Cultural The City will encourage and support frequent and diverse oppommities to celebrate as a community so citizens may oMenim a the unique and historic aspects of our community culture. Our history and the fine arta, including music and datsce, will be promoted and fi+cilitated in our city. They define who we are and what keeps us here. Economic The City will adapt and nxportd to the regional marketplace and direct our resources to nimulete the development of Mo ticeb as a destination community that is self- sustaining and self-sufliclaa. The City will take economic advaraW of our attractive regional location that provides ready acoeaa to trnnapotetiot ryuans linking w with larger economic communities. oovEaKsvcv: QOW pop 2 Our support of economic development will be directed toward the creation of jobs that are not just "liveable" but prosperous, stimulate the local economy, and capable of supporting our families and community. The City will encourage reinvestment in our community and support with our resources the economic efforts of local businesses. The City will save through dedicated reserves, be prudent in its investments and expenditures, and strive to maintain affordability of services to its citizens. Recreational I . The City will promote, build upon, and take advantage of our public, private, and natural recreational amenities. We will seek to increase cooperative programming of the community recreational facilities (civic, township, county, and school). 2. The City will seek to expand public and private recreational opportunities in the civic core to increase downtown vitality. In providing for accessible recreation, opportunities must be provided for people during normal leisure time. We will provide for evening and weekend opportunities for community activities. 3. The City will maintain and promote pride in our existing recreational facilities while comiraning to develop new recreational uses and facilities which take greater advantage of the river and our city/country setting. We will strive to link pathways and trails to recreational destinations. 4. The City will promote `User ownership" of recreational fitcilities through volumeerism such as "Adopt -A -Park". S. The City will maximize year-round opportunities for organized and unplanned recreation for families and persons of all ages. Spiritual 1. The City of Monticello must appreciate and celebrate the diversity of our faiths while recogniang the oneness and diversity of our moral and ethical beliefs. The City will respect diversity in fifths and f]fcilitate cooperation to make our community a place that protects the vulnerable and helps those in meed. In governing our city, officials will uphold the highest moral and ethical standards that reflect the values of our caring, compassionate community. oovERNMY: QW? pops 3 IL Intended Recipients —The intended recipients of our efforts wig be.. Citizens Taspayen Businesses The Natural Environment Institutions (schools, churches, hospitals, governments , civic groups, eta) Persons in Need Visitorw7rsvelersMrassients (freeway traffic, temp. residents. business traffic, eta) C. Intended Costs The monetary coats of aeebmptishing these visions/intended results will be reflected in the creation of budgets and capital improvement plans. Action plans developed by the City Administrator and City Council will be tested against this Vision to determine priorities for allocation of resources. IL CITY COUNCQ.OPERAMONAL POLICIES: General Responsibilities — 1. The City Council will at least annually review the Commmmity Vision for the City of Monticello and performance measures toward attaining the Vision. This evolving Vision will be the governing foundation for strategic planning. It will provide for the aesthetic/environmental, social, cultural, spirituel, recreational, and economic character, vitality and growth of the city. 2. In the exercise of the privileges, rights, and obligations of their elected positions, City Cowa7 members will uphold the Constitution of the United States, the Constitution of the State of Minnesota, and the City's Comprehensive Plan. Each Council member must act within the law, professionally represent the City and diminish neither public confidence nor personal integrity. 3. The City Council will represent the Community Vision and the interacts of the city before those of other governmental agencies. 4. City Council matings are to be conducted in an orderly manner. The City Council will ensure that each member of the Council is encouraged to freely communicate and express opinions. S. The City Council will ensure open representative local government, maintaining the public trust by respecting and reflecting the nada and desires of the community at large. 6. City Council members must not permit personal conflicts of interest, nor tolerate any apparent or real conflict of interest, that my interfere with the f}eedom of the Camcil to tarty out represauative government. 7. The City Council will define the roles and responsibilities of its boards and commissions, apport those roles and responsibilities, and maintain a comrrmmicatlon plan to ensure cooperation and ma>dmm utility. ooveaw.PCV: QGW Pape 4 Budget/Fiduciary Responsibilities — The City Council must maintain its fiscal responsibilities and direct resources toward the Community Vision. The Council must prohibit misdirection or waste of municipal resources. Personnel — The City Council and its City Administrator will be provided opportunities for training and personal development directed to the purposes of the City or as related to job performance. 2. Concurrent to adoption of the annual budget, the City Council will consider and approve or deny an annual pay plan for city personnel as recommended by the City Administrator. The City Council will consider and approve or deny changes to the organizational structure of the City as recommended by the City Administrator. 11 I ull•1 'YY; : Y►/ 31FA IVY: Yr 0 MI :.1 NO1. '111 V 1„11 IFA Y (INKI 111.1 General Responsibilities — 1. To achieve the Vision, the City Council authorizes the City Administrator to manage the direct resources of the City. 2. The City Administrator in responsible for the effoctive and efficient use of direct resources provided by the City Council and to develop and maintain productive channels to available indirect resources. 3. The City Administrator will uphold the ordinances and policies of the City of Monticello. 4. The City Adninistrator smut not tolerate unlawfid acts of any lend, by any person. Budget/Fiduciary Responsibilities — 1. The City Administrator must uphold the fiduciary responsibilities of the City. 2. The City Administrator is authorized sole authority to manage and direct/redirect monetary resources within the annual budget approved by the City Council. The City Administrator must gain approval (ion City Council to aweed the arttaul budget approved by City Council. 3. The City Administrator will make or cause to be made sound investments of municipal funds. 4. The City Administrator shall not pemtit waste of City assets and resources. OOVERN&KY: QW? Papp S Personnel — 1. The City Administrator must act in compliance with all federal, state, or local laws as related to the management of personnel resources. 2. Prior to making changes to the organizational structure of the City, the City Administrator must obtain the approval of the City Council. 3. The City Administrator shall be permitted to independently make changes to job descriptions, compensation, terms of compauation, and carry out disciplinary actions with the exception of job termination. Effective and efficient use and management of personnel resources shall be at the sole discretion of the City Administrator. 4. Though the City Administrator may advise, the termination of any City employee shall be as provided by Minnesota LAw at the sole discretion of the City Council. 5. The City Administrator will attempt to retain qualified staff and strive to mairmam good employee morale and open communications. Staff will be treated with respect, uiderstending, and Wmess. 6. The City Administrator wib.ensure that employees are provided feedback on and are accountable to clearly-defined performance criteria. 7. Staff will be provided opportunities for training and personal developmem directed to the purposes of the City or as related to job performance. S. The City Administrator will not allow alienation between staff and City CmLncd. An environment of oust and candor shall cast to support open communication between staff and the Council. IV, MANAGEMENT/ MERN NCE LINKAGE POL•ICt1+Q: General Responsibilities — I . The City Council will lead the City and provide strategic guidance by governing according to its Community Vision, Governing Policies, and Comprehensive Plan. 2. The Council will not manage City business and operations. City administration and operational management are the respoaaulility of the City Adminittrator. The City Admirtistrator may request the participation of City Council rtembei in certain administrative maners. 3. All items brought to the Council for update, consideration, recommendation, direction or action must be brought through the City Administrator who will present his recornendationts to the City Council with appropriate dissenting opinions and views. 4. The City Council will take action with oro voice. Individual Council members are not to direct staff. Council instructions to staff will be directed through the City Administrator. GOVERNMY: 016W Pop 6 BudgetlMucia" Responsibilities — The City Administrator will provide sufficient information and reports to the City Council to permit the Council to evaluate the allocation of its resources toward accomplishing the intended results. As part of amu al budget development, the City Council will annually evaluate the effectiveness and efficiency of City efforts to accomplish the Corntmmity Vision. The City Council will redirect its resources as necessary to attain intended results. Meawremem and reporting policies will be determined by the City Adroimstrator in cooperation with the City Council. Personnel — The City Council will at least annually conduct a performance review of the City Administrator and ensue that the City Administrator is provided feedback on and be accountable to clearly-defined performs criteria as established by the Council. G MnNSPcr: aacr PqP 7 HOUSING AND REDEVELOPMENT AUTHORITY City of Monticello TAX INCREMENT FINANCING POLICY Program Purpose: The Monticello Housing and Redevelopment Authority will utilize Tax Increment Financing to support the community's long-term economic and housing goals. Policy Considerations: The HRA will analyze and evaluate Tax Increment Financing proposals based upon the following policy considerations. Each project shall be measured against these considerations and the project's value shall be determined, based upon meeting these considerations. 1. The project shall be consistent with the City's Comprehensive Plan. 2. The project shall demonstrate long-term economic and/or housing benefits to the community. 3. The project shall create and/or retain employment for Monticello residents. a. The project shall increase moderate priced housing options for area residents. 5. The project shall facilitate the redevelopment or elimination of "substandard" or "blighted" areas as determined by the HRA. 6. The project shall facilitate the "clean-up" of environmentally unsound property. 7. The project shall provide additional public funding for public improvements including utilities and/or park development which would not otherwise be available. S. The project shall be deemed to promote additional desired "spin-off" development. 9. The project shall demonstrate "community involvement• including demonstrated degrees of the various factors:' a) Local residency of the company's owners and employees, or b) Local reoidency of the .contractors involved in the project, or c) Membership in local buoiness organizations, or d) Other similar factors. PRELIMINARY AGREEMENT THIS AGREEMENT, dated this day of , 19_1 by and between the Housing and Redevelopment Authority in and for the City of Monticello, Minnesota ("HRA"), a Minnesota public body corporate and politic and a Minnesota ("Developer"): WITNESSETH: WHEREAS, the HRA desires to promote development of an area in the City (legally described in Exhibit A attached hereto) located at ("Property"); and WHEREAS, the Developer has submitted a preliminary proposal for development of the Property ("Development"), a copy of which proposal is attached hereto as Exhibit B; and WHEREAS, the Developer has requested the HRA to explore the use of tax increment financing (TIF) to offset a portion of the Development costs; and WHEREAS, the HRA and Developer are willing and desirous to undertake the Development if (i) a satisfactory agreement can be reached regarding the HRA's commitment for public costs necessary for the Development; (ii) satisfactory mortgage and equity financing for the Development can be secured by Developer; and (iii) the economic feasibility and soundness of the Development and other necessary preconditions have been determined to the satisfaction of the parties; and WHEREAS, the HRA is willing to evaluate the Development and work toward all necessary agreements with Developer if Developer agrees to reimburse the HRA for its coats if the Development is JW134SZ MM -3 1 abandoned or necessary agreements are not reached under the terms of this Agreement. NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and obligations set forth herein, the parties agree as follows: 1. Negotiations between the parties shall proceed in an attempt to formulate a definitive development contract ("Contract") based on the following: (a) Developer's current proposal which shows the scope of the proposed Development in its latest form as of the date of this Agreement, together with any changes or modifications required by the HRA; (b) a mutually satisfactory Contract to be negotiated and agreed upon in accordance with negotiations contemplated by this Agreement; (c) such documentation regarding economic feasibility of the Project as the HRA may wish to undertake during the term of this Agreement; and (d) other Lerma and conditions of this Agreement. Z. It is the intention of the parties that this Agreement (a) documents the present understanding and commitments of the parties and (b) will lead to negotiation and execution of a mutually satisfactory Contract for the Development prior to the termination date of this Agreement. The Contract (together with any other agreements entered into between the parties hereto contemporaneously therewith) when executed, will supersede all obligations of the parties hereunder. 3. During the term of this Agreement, Developer agrees to: (a) Submit to the HRA a design proposal to be approved by the HRA showing the location, s las, and nature of the proposed Development, including floor layouts, renderings, elevations, and other graphic or written explanations of the Development. The design proposal shall be accompanied by a proposed schedule for the starting and completion of all phases of Development. The Development shall be designed to accommodate public facilities to be constructed adjacent to, or as part, of the Development. (b) Submit an over-all cost estimate for the design and construction of the Development. J022452 Oa:ae-2 2 (c) Submit a time schedule for all phases of the Development. (d) Undertake and obtain such other preliminary economic feasibility studies, income and expense projections and such other economic information as the Developer may desire to further confirm the economic feasibility and soundness of the Development. (e) Submit to the HAA the Developer's financing plan showing that the proposed Development is financially feasible. (f) Furnish satisfactory financial data to the HRA evidencing Developer's ability to undertake the Development. 4. During the term of this Agreement, the HRA agrees to: (a) Take all actions necessary to create a Project Area (if necessary) and Plan therefor, and a Tax Increment Financing District ("TIF District") and Tax Increment Financing Plan ("TIF Plan") therefor, in accordance with Minn. Stat. Sections 469.174 through 469.179. (b) Proceed to seek all necessary information with regard to the anticipated public costs associated with the Development. (c) Estimate the HRA's level and method of financial participation in the Development and develop a financial plan for the HRH's participation. 5. It is expressly understood that execution and implementation of a Contract shall be subject tot (a) A determination by the HRA that its undertakings are feasible based on (i) the projected tax increment revenues and any other revenues designated by the HRA; (ii) the purposes and objectives of the Plan and TIF Plan; and (iii) the best interest of the HAA. (b) A determination by Developer that the Development is feasible and in the best interests of Developer. (c) Execution of the Contract by the parties. 6. The Developer hereby grants and conveys to the HRA and its agents, its and their successors and assigns, an easement over and upon the Property for the purpose of ingress and egress and for conducting such tests or collecting such data as may be reasonably necessary to determine the feasibility of the Development. The easement shall terminate upon execution of a Contract or termination of this Agreement in accordance with the terms of this Agreement, whichever occurs first. JU7w7 101".2 7. This Agreement is effective for a term ending days from its date, unless extended by mutual agreement of the parties. If for any reason a Contract is not negotiated and executed within the term of this Agreement or any mutually approved extension thereof, the Developer shall reimburse the HRA for all costs reasonably expended by the HRA in regard to the Development. S. In order to secure payment of the costs incurred by the HRA in regard to the Development, the Developer shall deliver to the HRA cash or a letter of credit in the amount of $ The letter of credit shall be in form satisfactory to the HRA. The cash or letter of credit shall be delivered by the Developer to the HRA within days of the date of this Agreement. The letter of credit shall be valid for a minimum of months from the date of this Agreement. If while determining the feasibility of the Project the HRA determines that its expenses will exceed the amount of the deposit and that additional security is required, the HRA shall notify the Developer of the amount of such additional security. The HRA may terminate this Agreement in the event that such additional security is not delivered with such period. Within ten calendar days of receipt of said notice, the Developer shall deliver to the HRA the required additional security. If necessary In order to ensure that the HRA possesses sufficient financial security at all times prior to completion of the Project, the Developer shall renew or extend the letter of credit. Upon receipt of written demand from the HRA for reimbursement of its costs, the Developer shall remit payment to the NRA within ten days. If the Developer fails to make the payment within the opocificd period of time, the HRA shall utilize the cash or letter of credit to reimburse itself. 9. This Agreement may be terminated upon 30 days' written notice by the HRA to Developer if: (a) an essential precondition to the execution of a contract cannot be met; or (b) an impasse has been reached in the negotiation of any material term or condition of this Agreement. If the HRA termintee the Agreement under this Section 9, Developer shall remain liable to the HRA under Sections 7 and 8 herein for costs reasonably incurred by the HRA through the date of termination. 10. The HRA agrees that it Will not solicit proposals for development of the Property from others during the time that this Agreement is in effect. 11. In the event that the Developer, its heirs, successors or assigns, fail to comply with any of the provisions of this Agreement, the HRA may proceed to enforce this Agreement by appropriate legal or equitable proceedings, or other similar proceedings, and the Developer, its heirs, successors or assigns, Mnu2 MISS -3 4 agree to pay all costs of such enforcement, including reasonable ( attorneys fees. 12. If any portion of this Agreement is held invalid by a court of competent jurisdiction, such decision shall not affect the validity of any remaining portion of the Agreement. C 13. In the event any covenant contained in this Agreement should be breached by one party and subsequently waived by another party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other concurrent, previous or subsequent breach. 14. Notice or demand or other communication between or among the parties shall be sufficiently given if sent by mail, postage prepaid, return receipt requested or delivered personally: (a) As to the HRA: (b) As to the Developers 15. This Agreement may be executed simultaneously in any number counterparts, all of which shall constitute one and the same instrument. IN WITNESS WHEREOF, THE MRA has caused this Agreement to be duly executed in its name and behalf and its seal to be duly affixed hereto and the Developer has caused this Agreement to be duly executed as of the day and year first above written. DEVELOPER: HRA: Its Its Its Its am3ufo 01".� 5 STATE OF MINNESOTA ) Be COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1991, by and , the Chairperson and Executive Director of the Housing and Redevelopment Authority in and for the City of Monticello. Notary Public STATE OF MINNESOTA ) )ss COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1991, by and the and of a corporation, on behalf of the corporation. Notary Public THIS INSTRUMENT WAS DRAFTED BY: HOLMES i GRAVEN, CHARTERED 670 Pillsbury Center Minneapolis, NN 54407 (6 12) 337-9300 +=»u: 0195-1 6 HRA AGENDA OCTOBER 1, 1997 A. Reference and BadSMUMjL Attached is a copy of the program for a one -day conference to be held at the Sheraton Minneapolis Metrodome on Thursday, November 13, 1997. Please review the program and if you are interested in attendb g, please let me know so 1 can register you at the expense of the City (HRA). Registrations will be mailed October 15, 1997. MINNESOTA NAHRO'S ANNUAL COMMUNITY DEVELOPMENT CONFERENCE November 13, 1997 5:00 a.m. to 4:00 p.m. The Sheraton Minneapolis Mob ome 1300 Industrial Boulevard, Minneapolis Parking available on site Duectmm to 0Y Sheraton W—opoka klebodome iron Ib bra: rap..A" b..Bw.b,e, Ir.M I,muYrr 0—..e IEAIT 271 Go aril on Myna r'e M nel.l r.4 T-Vt Fran the aaah. rpm. IOW m,.LW roe, Te. I-- Bft--..e IE.1T 271 Th. rmnn +e q a, er ram uar in ran •n from his, E.I. raw I. W rwal wars. Ywwpa,. Ir. Nawar 7tl nae+ u e. ant pmayu laru.van 5beel ra. •rn Ta.••ram On Wu.Fnt ea«aro •ne tti roMadr on M Nn From the rrpr roew l.]9. crunl.fM .au T..1 -35W tern ro lwur,r epnvrpt EAn 771 Irr Iran M p. en M rant ..e. n ra n• Community Development Staff HRP. Staff EDA Staff State Agency Staff Community Development Corporations Elected and Appointed Officials Commissioners Municipal Finance Officials Morning Concurrent Sasions Afternoon Concurrent Sessions Tax Incrairem Financing 101: tnbodunion to Naw Dinctlom In Tax Increment Financing Ne Basks or ITF A —.1 ata. ane a,o•c ..nun rey.•.ntam.• w apcw• irr..v..O, ACJ]wr Or i . es a no• a apt] .nY rW uw a rIF ab, rvrrn vanuwa [na„p.. w or ne. cat r.e cn ao, r,eur,xnor. a rlr p ­,.,a mora Tce iAtsuwr.ru oroo<rt A ra...oaav .r w I..•.r,n0 n er NFA'. aro EOA • m M.riC.IN.,Wry •rei aro Do•.rn4 uY a m. atatr,wx mr • rr,awrxtunr,q oev.,eT.nt aq.ct .-Ove— too, ta...nm„ nN,tl.p w M ne.e. a tnw. small Cities success Stons" Iw..p ter is 9.rwrr,.*— reUr.. rn', — .a b... — .mY m nF 4:00-8:30 Rog,•tratlon f°"vn"1°^` ^ �r�'N' Yvvr•w • Cha. �n no Co 1n ,t1al Brea•last .ra ria.. nm.nprmw. u,cc.a Job creation: The Profderrra ^aaa•a rc•r••r rov,ra •car,o^•e .rm and Issues ce,r es a«.motra,wa. „n .....on...•aa.r •on. 1130.1000 Concurrent 541slo1s o.alatdrtr7 ••-pr,a,roa. •ux..ee.npe rp agnn • Ta. Ineremenl F—,—g 101 .r,9r,r.rwtun +rm ,..,a•AG M•n..aa rant toe..m.a IM wt oouctron to rnn Basres W rIF ^'d•a'n•u '" °'°•' a••'nwb"• aiewnr•a,b .on.a0.. . Job Creation me Probl—si arse Co,,,D.xn,a nun. rnpu,mn9loe I.— Keynote Luncheon ,•aw.n 10:00.10.15 Break Speaker Redevelopment: Who Can ,Ill—tis Clap Do To Raises r .1 -so o,r• a rro. a — om nIiC,Mmr, n 4r Paa•.1 vain u— ora rw..eemp.a to ca,e,.:t r.p...roonw a ognro .nl .. a «e4ad. oroV ,•sent son b• nprrwu f.irmn,9 r,ro to H u90Mrr.,•.o1 N •patu.wn a r•o.••b9rr.,. bat WnY rip sear e®rp..1,.e n o. , 70 . a- .ne af.l r. h CMl.r a.. bprr a once o Iea1 A Ivv,al a rah ar,o w rcm ,.a.MmaRr ro rang b err ,1,31 r ta.e.e tl COrMnr. M .o«.morr.n a err cn.. community, Enlancermnts and Their inspects ' rnt +nd.•am. w wponrw tar„ ,.•,r anon w so.c b .roe.. w wrrrv.. a e.s, ca.,n.m.n r.e m..ee x. o•qs• a ,.cpriopro ves•noren 10:15.11:43 Concurrent Sessions Rea—sopmenl WhsT Cm, David Gruenes, Mmrosola Crtxra Do ro R— Commissioner, Canty Eeh.—mann and The. Minnesota Department of lmpace Commerce Cornmroorona Gruenea.0 45.1:76 Luncheon and Keynote 11: enn on apW the rlc Achoon ddrart. seni dovalon David G,i enea C,---c'dR�"un,ry Whh floo6aio• Wee en Mmnwota tD•7pamm�nl of C —ce flood.d. m occur '1807 Mmnoapla Floyd Slory ale • Latinate Loaned' 1-15.2:45 Concurrent Snuont, ew • NDuocnon, ,n Tar Increment F—eong • Stun Cllloo Success Stolbe 2:45.7 00 Broak 300-4.00 General Sea&," Tne liu. of Andoar a lloumng m Mn-.,,,, rennets 4:vx,ns nra P"sij ma 4 00.5 00 Infernal Gathering for conference Partkrwnts General Session The State of Affordable Mousing .n thr seta: Traridir Polkas. WW Programa Ira raced, aM rarra M [VnM oaun a .r.oer>I. rw.aa n YMrm iM +•v,.1 a oruo.n oar .arca• r.rdtr w I>grKn an.,,ua seer. a mrr „ra. a pe..rr.r,.r,l ra w r,prl.9n..a SERVING MINNI: HOUSING p COMMUNI' DEVELOPMENT FOR OVER 38,1 I he \fine—u Chapter w the \J: \ss,wlanon hl Ilouvng anJ Itcda, k Illicial+n u , n-rnnit n inner,: M hutning and n,mmunm oc,cL• pmle„Nroah Ihe,e are own IJ! agencies m the t'hapler rer,r -w ♦ hunt,, —1 1111. nllmt .411,1,,.-t. tun,dlcunn, IIt—me h, r, i,ni memhen and,—, 70 n,m p„rl hrguniruu,,n, in the t'haFler Shrine— NAHNW, p..T—o ,. rrh, nthn ,ll detenl. UI I,nJenle h,n h, ahle chmmumues hu all \hnr.: the asnhlutUm m ,igen.,.•, and Ina prh, lama t+uhlU 1, J,+I.tea h„u,ll . ummuml• ac, elormem m..,,n,e• I 111111 -'H� So= a tr am. To reerre cite lo..eat m9anbon rate. Iwrrta nvjW to MCC?Md W Noveneer 1. 1987 Plene cwnp to r form for eeai Pmw mqm Wretg. Form may be photowped as rremsaary. Name: Title: Address: City, State, Zip: Telephone: Fax: Please saw appropriate fee: 0 Before November 1495.00 O After November 114105.00 nr .perm..-' 1w.0 --- a. a..nena, ooK.r.a t..a.t.c ..Kh, er..u, aro n.Wtw Aa aT..pr s an n na.emeK.r a eKr ntpm.n Please check one: 0 Registration Fee Endowed O Please Bill Agency Regtstraton Ouestion*9 Call (612) 423-8145 MAIL or FAX to. MINNESOTA NANRO 2498 1451h Street VYeat Rosemount, MN 55088 FAX (812)427.8180 J The Minnesota Chapter of the Nabonal Assodabon of HousvV antl Redevelopn eM Officials Comrtwnity Rewtnlaabm and Developmem Cwwn ee has assembled fhb semntar for prdassionals M"Ned to con"Ouly development addressing bmey mum. Member irtdude: RWwd Orabko, Red Whig KRA • Camgaw W Tan euoHz. erooMyn Camr EDA W. Bub. Wnh gtm Cwo MRA San Were.. Cay of Fort" 00 Ford. MK.rapab COA 9ta.. Orwin. Cmmvtnra My PrRparOr Undo Cron. SE M..ea. 0...wom.n 9. Karry. Short-CW+W d KUW Kw" Mahm. Ausm KRA • u. Mw. NW MW.WWU MW44w" MRA Orr Aww, Ehlers W Anocans. Inc Dan anted. %Vad.n. M" Mrk VO". Cramps CwKy MRA J M yeKte, Wm.apob COA Parr= GwWhm, E.atuu.a O..dor, MN NAMRO Cmference PaNdpanb are reapo sdit for making self own to ftM wrwVommlb. The Sharotan M0w4spolb Meeodonls b oilerktp a Spacial cwdww ce rate of 176.00 par mdpm IN 9ftm of double room* for resmvaWns node before October 22. 1907. When ma" rawvabons be tore to request ee rate for elf MN NAHRO Commun y Oev ftmem Conference. Cwteeaabons roomed an or ttahxe November r, 1987 laid be rehuydea m Na. Cancebbon* racerved ager November 1, 1897 will be charged a 150 c4nmUtion fee. MN NAHRO incur* drmges for meals and event guwudern bead an rnpntrem Wornwion. Therefore. even d Vou 00 not aean0, we rf" aw pay far you. 9 J HRA AGENDA OCTOBER 1, 1997 Considaetion to authorize pnvment of HRA mpjdb r beta A Enclosed are the HRA bills for August and September. You will also note the enclosed invoice mailed John Komarek for the amnded to the Private Redevelopment Com end running a new amortization schedule. AD bi0s have been accounted for. A motion to mdhorize payment of bills is recommended. C KENNEDY a[ GRAVEN anan+ea 200 South Shuh Swell sun. 470 hbwewoPo, MW 55402 (612)337.9300 September 12,1997 City of Monticello 011ie Koropchak City Hall P.O. Box 1147 Monticello, MN 55362-9245 R MN 190-00041: Redevelopment - General Invoice q 17916 Through August 31,1997 For All Legal Services As Follows: 08/15/97 SJB Phone call with O Koroilchak re various issues: tax 0.50 67.00 levy, acquisitiontrelocation matters, etc. Total Services: 67.00 Total Services And Disbursements: $ 67.00 Irf 0.uftpray dlow M".5 8MMILCIdiii or dowd *WSW Daimplo 01rho l�Irwd Monticello HRA PO Box 1147 Monticello MN 55362-9245 September 10, 1997 MC100-01 GENERAL 914197 MTR Discussions with oDb 9112197 MTR Ran new papmm sdwdute for MhWsslo Shores Tote) Due This Month: PrevbA Salenoe: 8113197- Payment- thank 7W Total 9aWm Due: 0.25 26.25 1.00 105.00 1.25 $131.25 $3,438.75 ($2,677.50) $892.50 PLEASE KEEP WHRE COPY FOR MM ALE AND REMIT PINK COPY WITH PAYMENT TO; 0 EHLERS AND ASSOCIATES, INC. 0o Boo some Strad MkurpolM MN 55402-4/00 (812) 739M1 Monticello HRA PO Box 1147 Monticello MN 55362-9245 September 10. 1997 MC10G`08 ARMORY 788187 RF Analysis of Camnaty Curter Mwm Hours 1.00 MIDI 120.00 7@9197 RF Aft" Task Force meethV 2.00 240.00 7131197 RF Analysis of Tax knpacts 1.00 120.00 8115197 RF Attend Meet" with City Staff end Guard 2.00 240.00 8117197 RF Analysis of Wvfardnary debt service 1.00 120.00 829!87 RF Legislative Research on finance optbns 0.50 60.00 Total Due This Month: 7.50 $900.00 Total Balance Due: $900.00 S QL't ' PLEASE KEEP WW7E COPY FOR YOUR F4E AND REMIT PINK COPY Writs PAYMENT TO: 0 EHLEN AND ASSOCIATES, INC. 2860 IN caft 00 South ea«rtn SWd MYahsspoYa UN 66400-4100 (e12) 33116MI KENNEDY a GRAVEN awcaed 200 Sam. Shah Scat, Sume 470 Mhwjpolh, MN SS402 (612)337-9300 CLIENT SUMMARY August 20, 1997 City of Monticello 011ie Koropchar City Hall P.O. Box 1147 Monticello, MN 55362-9245 Through July 31, 1997 SSL MN 190.00041: Redevelopment - General 1aR� S 75.% MN 190-00061: Downtown Redevelopment TIF District '( SCc -'� S 26.80 Services Rendered: S 93.80 Disbursements: S 8.96 Balance Due: S 102.76 (dadan, WdW pard tai MmYan"Ad"v 4 rnOfrn0p11 ��d KENNEDY a GRAVEN awtm6 200 SMO 563h SUM Lda 470 HbWAPCV4 441 sm (612)337-9300 August 20, 1997 City of Monticello 011ie Koropchak City Hall P.O. Box 1147 Monticello, MN 55362-9245 MN 190-00041: Redevelopment - General Invoice # 17339 Through July 31, 1997 For All Legal Services As Follows: 0725/97 SJB Review contract and Ruff memo re rate payment 0.50 67.00 schedule Total Services: S 67.00 For All Disbursements As Follows: 05/01/97 Lexis Nexis 8.96 Total Disbursements: S 8.96 Total Services And Disbursements: $ 75.96 KENNEDY a GRAVEN Chartered 200 South Sbah Saes, R&e 470 MememoN„MN 55402 (612) 337-9300 August 20, 1997 City of Monticello 011ie Koropchak City Hall P.O. Box 1147 Monticello, MN 55362-9245 MN 190-00061: Downtown Redevelopment TIF District Invoice # 17340 Through July 31, 1997 For All Legal Services As Follows: 07/02/97 SJB Phone call with O Koropchak re parcel correction 0.20 26.80 and redevelopment findings Total Services: 26.80 Total Services And Disbursements: $ 26.80 Monticello HRA PO Box 1147 Monticello MN 55362-9245 August 7, 1997 MC10D-22 DISTRICT 01-22 AND O11-17 Tata1 Balance Due: $210.00 $210.00 Key c rg PLEASE KEEP WHITE COPY FOR YOUR FILE AND REMIT PINK COPY WITH PAYMENT TO: EHLERS AND A880CIATES, INC. 2930 Navwq cardw 90 south DWMO ShO Mlnrw�oui, MN 551391100 812) 3394091 I Monticello HRA PO Boz 1147 Monticello MN 55362-9245 L August 7, 1997 MC100-01 GENERAL Hours Amount 7/1197 DJF RepatinpWM end caSftm 4.50 472.50 7/8197 MTR Mads g vdh the HRA > 1.50 157.50 724197 MTR Run and memo for Standard Iron -Tib *L 1— %3 1.25 131.25 Tolal Doe This Month: 7.25 $761.25 Prevlous Balance: $2,677.50 Total Belanoe Due: $3,438.75 PLEASE KEEP WHITE COPY FOR YOUR FILE AND REMIT ANK COPY WITH PAYMENT TO, is EHLERS AND ASSOCIATES, INC. 2950 Norwest Crnter 90 Ooulh Sao" 6tre0 MNrrespelb, MN 55102.4 199 (012) 3366MI 250 Fast Broadway P. O. Bo: 1147 ( INV 0 I C B Imli mail - Monticello, MN ( I J 55762.9245 :0,115/ 97 Plume: (612)295-2711 PAYMENT DUE (1% interest per month will be charged Avrzc�A Fax: (6 12) 295.4404 after due date.) Make ChaCkS payable to City of Monticello. ( CUSTOMER ADDRESS I � CUSTOPMK AuuuuNY' 0019 1 Cedrus Creek Craftsman 1 John Komarek 12420 Armitage Av NE PROJECT Monticello MN 55382 PID NUMBER DESCRIPTION ?e ENSURE PROPER eR..Bn PLEASE ENCLOSE PINK COPY WITH PAYMENT CATEGORY Professional Services reimbursement 213.48520.3040 legal expenses SRC -OK Proj 98-PIO HRA Reimbursement P 98-P10 CATEGORY 213.48320.3199 CATEGORY F.- - Qom! 88:� _ 1r3. &X9 raise standpipe -1234 Prairie Cr Le AMOUNT MISC -PRCSV 855.84 MISC -REIMB 52.50 WATER -SERV SS.^3 - -AL TO PAY 738.14 i HRAAGENDA OCTOBER 1, 1997 B a) For your information I've enclosed a copy of the Council agenda item and supporting data, MCP letter, and information submitted to Council members at the meeting by Rusty Fifield, Ehlers & Associates, Inc. The Council agenda item desrnbes the recommendation made by the National Guard Community and Training Center Task Force on September 16, 1997. The City/National Guard concept was presented by Assistant Administrator O'Neill at the general meeting of the Chamber of Commerce on September 18. City staff and Mark Ruff Ehlers & Associates, Inc., met with General LaBlanc and Terry Palmer on September 19 and presented the recommendations made by the task force. On September 22, 1997, the Council considered and adopted the resolution. The atformation provided by Rusty to the Council demonstrates a worse case approach to tax levies. Ehlers & Associates continues to explore other sources of revenues to finance the center and will make a presentation to the task force on October 7, 4:00 p.m. Steve Andrews is the HRA representative to the task force. It is important for the HRA to be kept informed, as it is quite possible the NRA will be asked to playa role in the financing. Rusty Fifield or Mark Ruff will beat the HRA meeting on November 5, 1997. b) Status of prehminetvmgpt desio +a for the North Anchor am A map identifying property ownen, boundaries, PIDN, EMV, elevations, trees, flood plain, and utilities was produced by WSB, Inc, the city engineers, and mailed to Brad Johnson the week of September 22. The preliminary designs should be available for the November HRA meeting. In my last conversation with Mr. Johnson, Johnson has a letter of intent to work with one business as the major anchor for the south anchor. c) Slatug of Extend Low -Income Housing,. CotamiLmrnl Agreement between Lhe Enclosed is a copy of the letter written to Presbyterian Homes based on the direction of the HRA. Since receiving the letter, Angie has telephoned to confirm they are in the process to complete the "Certificate of Tenant Eligibility" form and stated the Certiftcate of Continuing Compliance was not with Wright County. I will be call or mail her the copy received along with the replacement. d) lncomdHouse Price Tables. Enclosed is copy of the income/house price tables as prepared by Dan Frie. Thank Dan for providing the information. Council Agenda - 9122197 Consideration of ado ting a resolntion indicating Intent to de len a JnInt CUYLNntinnal Ghard Community angi Training Centem UO.) A RPFERPNrF AND SA . QRO TND: The task force that the City Council established to study development of a community and training center has completed its initial phase of its work and recommends that the City Council support a letter of intent to be written to the National Guard indicating the goal of initiation of construction of a facility in 1998. The task force has been meeting frequently since July to develop this recommendation. A detailed presentation will be made at the meeting. Please review the following preview and attached table outlining the elements of the facility. Following is the recommendation made by the task force which, if accepted, will become incorporated into the letter of intent. 1. This City will begin construction of a core facility in 1998 which will generally include spaces, activities, and uses as identified in the attached table under core facility. 2. The method of funding the facility will include $1.5 million dollars from the National Guard. The balance will be funded through a combination of Lease Revenue Bonds and other City funding sources to be determined. This financing method will not require a referendum. 3. The location of the facility will be bounded by Maple Street on the west and Walnut Street on the east, railroad tracks on the north, and 6th Street on the south. 4. The aquatic center and ice sheet are important portions of the project. Timing of construction and financing of these features are under study. 6. Begin the process of selection of an architect and site acquisition. 6. The site will be designed to allow adequate space for expansion as needed by the National Guard. Members of the task force will be meeting with the National Guard on Friday after completion of the agenda packet. A report on this meeting will be provided at the Council meeting. Council Agenda - 9/27197 COMMUNrrY AND TRADUNG CENTER - CORE MATURES The task force developed the following program based on contacts with members of the community and its understanding of community needs. The program is preliminary only and is likely to be adjusted based on future input during the design process. The minimum space required by the National Guard is 4,000 sq ft for offices used exclusively by the National Guard. The building must be designed to allow expansion to 8,000 sq ft. The expansion can occur at a second level. Sufficient outside storage must be provided on site to allow five humvees and a small truck. Additional outside storage in the amount of 15,000 sq R must be available within two miles of the site. As you recall, the ALC program recently began operation in the Lake Tool building under a two-year interim use permit. There has been some discussion about placing the Alternative Learning Center in the facility. The true potential of this possibility needs some study. This option assumes that sufficient revenue can be derived from the ALC program to pay for the cost to provide the space and support operation costs. The task force will be meeting with the ALC leaders further on this aspect of the plan. MIX O(hcea (4.000 90 ftl After review of the needs identified in the space needs study done in conjunction with the Marquette Bank analyis, it became evident that this joint use facility provided a significant opportunity for development of city offices that will satisfy city office needs at no greater cost than the bank proposal. See the attached table which compares the cost and benefits of having city hall at Marquette Bank or at the Community and Training Center. Council should determine which direction the City should go in this regard. Senior Center (4.600 an R including private 1 ,n h rooml Tho senior population is the second fastest growing group in the city. The current facility is sufficient to satisfy short-term needs; however, in the long run, the current senior center will not be satisfactory. Pam Loidolt has reviewed the apace needs for the seniors and supports moving the facility to the Community Center. The design of the facility will need to be sensitive to need for seniors to have sufficient independent space. Council Agenda - 9/27197 Ra�efl*ion Services/Youth CenterNMCAOoffices (4 9DO ac ft) The task force believes that space needs to be developed for activities and services relating to youth in the community. The precise manner in which this space will be used is not defined at this time. However, the task force felt that it was important to include space for youth activities with actual programming to follow. The task force concluded that at some point in time, a recreation program is likely to be developed by the City or by the YMCA. The space for offices and some activities could be accommodated by the space programmed in this proposal. Also included in the proposal is a'Wheel Park,' which will be supervised by Community and Training Center staff. A wheel park consists of a paved surface and ramps for use by rollerbladers and skateboarders. This park will provide a central, supervised place for this form of recreation for young people in the community. Issues relating to supervision and liability will need study. Such parks are becoming more common throughout the country. Experience of others will be used to avoid "reinvention of the wheel." ,ioint Uae Space (23,970 as ftl (kitchen, gymnasium, two meeting rooms, large meeting room, media room, lockers, restrooms, lobby) The joint use space identified in the table mirrors the space requests submitted by the National Guard. The large meeting room would be set up as a combination Council Chambers/National Guard Training Room/ Corporate Training Area. This room would be designed specifically to have the audiovisual equipment necessary to support training and City Council decision making. Businesses and organizations would have access to the training room to support employee training. Also included in the joint space area is a gymnasium (7,000 aq ft) that would feature a stage and a climbing wall. The stage would be used for community concerts or in conjunction with bands brought in for private parties. Aqtintir rpnter and Ice Sheet The task force stressed in their recommendation that both the aquatic center and ice shoot should be incorporated into current site planning activities. However, the timing of construction and associated financing must be staged and structured in a manner that make them affordable. Therefore, actual construction of one or both of these features may or may not be incorporated into the core facility construction project. The task force will be working on developing a strategy development of these two features over time if so directed by the City Council. a 0 (rte Council Agenda - 9/22/97 PROJECT FUNDING The total cost of the core facility without water and ice is estimated at $6,033,000, which includes $1,000,000 for land acquisition/relocation benefits, and $4,813,000 for building and site improvements. Of this amount ($4,813,000), the National Guard's share is $1.5 million, the School District's Rha re is $450,000, and the City's share is $2,862,000. The task force proposes utilization of lease revenue bond financing and other City funding sources for funding the City's share of the core facility. Additional information regarding the tax impact of the funding proposal will be available at the meeting. A referendum is not required under this option. This alternative for funding is proposed because it allows the City to complete the core facility in a time frame that is acceptable to the National Guard, thus securing the $1.5 million Guard investment. PROJECT LOCATION The Walnut Street location consists in its entirety of 7+ acres and is recommended based on the consistency with the proposed comprehensive plan amendment. As you know, the plan calls for development of civic uses and activities in the area between the railroad tracks and 8th Street. The civic uses arc meant to bridge the mall area with the downtown/riverfiont areas and focus activity in an area that is currently underutilized. This location will require relocation of the bulk oil tanks and at least four households. It is possible that the core facility can be build without the immediate purchase of the entire site. The site proposed is relatively expensive; however, due to the blighted condition and poor location of the site, it is likely that it will not be developed privately in the foreseeable fixture without City assistance. Other sites are were investigated that are leas expensive; however, these sites are ripe for private investment and development without City assistance. The site selected has also been identified by the City Council during earlier workshop sessions as a problem area that would be corrected with this project. S. ALTERNATIVE ACTIONS; Motion to adopt a resolution adopting or modifying the recommendation by the task force as noted below and to send a letter of intent to the National Guard accordingly: The City will strive to begin construction of a core fhcility in 1998, which will generally include spaces, activities, and uses as identified in the attached table under core facility. Council Agenda - 9/22197 2. The method of funding of the facility will include $1.5 million from the National Guard. The balance will be funded through a combination of School District funds (ALC), lease revenue bonds, and other City funding sources to be determined. This financing method will not require a referendum. 3. The general location of the facility will be bounded by Maple Street on the west and Walnut Street on the east, railroad tracks on the north, and 6th Street on the south. Begin negotiations with property owners on purchase of the site. 4. The aquatic center and ice sheet are important portions of the project. Timing of construction and financing of these features are under study. 6. Begin the process of selection of an architect. 6. The site will be designed to allow adequate space for expansion as needed by the National Guard. Adoption of this recommendaton will result in the cessation of negotiations with Marquette Bank. If the Marquette Bank proposal remains viable, the Community and Training Center space can be reduced accordingly. 2. Motion to deny adoption of a resolution adopting the recommendation of the task force. C. STAFF O F.NDATION: It is the recommendation of the City Administrator to follow the recommendation of the task force. The recommendation of the task force will allow the City to accomplish a number of the projecta/priorities established by Council in June such as 1) implementation of the MCP/comp plan initiatives; 2) development of a joint City/National Guard facility; 3) development of a wheel park for youth; 4) redevelopment of the bulk oil site; b) potential establishment of a youth center/recreation services; and 6) development of city hall. Although the Marquette Bank proposal is good, for the dollars involved, it does not surpass the opportunity to develop city hall offices in cenjuction with the community center under the joint use concept. Council Agenda - 9/22/97 This project is the continuation of the momentum supporting a community center which started in 1996 with the adoption of the comprehensive plan, and supported through Thereaa Washburn/MCP visioning process. The timing of the National Guard, relative to our community center/city hall planning, is very fortunate. The proposal above brings it all together. Community and Training Center program outline; Marquette Bank/ Community Center city office comparison; Site location map. ID I COMMUNITY AND TRAINING CENTER --- DELAY WATER AND ICE TOTAL COST TOTAL NATIONAL SCHOOL MIGHTY MN CITY SO PER COST GUARD DISTRICT DUCKS Dpl PROJECT COMPONENTS FT BO FT of Trans Amy NrtionW Gard OIM.M I,Om sm. 1n0 93600m 4tlnlrtry� L10nWg qM _ _ _ _ - _ _ _ - _ 1,000 _ BD pM 000 _ _ — $=,CPD SWAM CMP I,Om 90 63m,mo $ 0,000 Lunch lmm 5 00 M8,000 3¢ om _ _ _ _ _ City Olfkq - _ _ _ - _ _ _ _ 9,0m -go m $8100m - _ _ _ - $810,000 Kdchon 1,207 120 $144,OD MCBO $61,820 Gyn nutun (hlcMrdr sup/ and climbing %W) 7,000 75 i52S,07D $288,250 $225, 750 MMhg Room 2 398 90 935.640 $20,315 $15,325 MNratlrlp Room 1 MB OD SM.W $20,315 $15.325 Large Mod" /Trac" room - mut meft - Council CIunIEmWrYuq 2,340 m $210,60 $120.012 $00.550 Community Rswum Room- CompLder melt c~Rr&4* p 861 12D $1031,680 $58.083 $44562 3�6m 140_ $120 $2>0,4m _ - _ -__ _ _ _ _ SIM am RecresUm SorvkM OIkWMCAICITY AM 9D 93169m Sm.am Youd1 CMrArNewYdoa play OUMrYOrryune 7,500 80 $315,000 $31 S,t7m I,dm play wiupur. was 1,am m SBD,om MGD Su0ttrl - -- -- - - - - -- - - - 42.096 - -91 $0.850,6® $1.200.48 Mam $0 $D $2,280.051 MKtVSt0nrpr(10%)'-- - - -- - - - - - - - - - 4,210 - - ►768986 $120.00 Sm,Dm m - $229.006 Common ArMNCorMon (15%) 6,314 $577,564 $180975 $54,= i0 93A,50D SUBTOTAL -- - - - - -- - - - - -- - -- - - 52:070 - $4,813,2110 $1,SOO,624 {50.mD so - .. $2.892.576 CITY PURCHASES LAND/SECUREB SITE _ _ - - _ _ _ $1,OD,OD $1,00c m $®,OD w,Om GWWW Plf" W d LmdaMphg rrd WtIb1- - _ - - - - _ - _ {1d GM _ _ $140,0M _ $140000 PARK AND RIDE - (Rlptel pmlon d cwwmft lot) _ . - - $60,01) i60,000 _ . lot StrM OW raMtaw til SD $0 $0 VNwl Park - 10,000 W,44 MWO 930,Om $30,01) 930,Om ` A"" CMor _ iD $D - m GRAND TOTAL /6011200 SISM024 WOm 80 NLD Om 93982876 1091195711'08 AM COMMUNITY CENTER NMAROUETTE BANK - CITY HALL LOCATION 'anbardLiarkl' Feature for Companion (Ban I (NOTES: Crmr A Sq h Baaemsht 77121 1 0 Nat good d6aa'� • pratles hUpe stonq patentor lbreak room B Sq h 2nd floor 7 7121 B4OW Wath are ad5cm w meat bras Mm needs fa nw office space C. Sq h floor fr 1 3,8041 Low aanl•Is - nat well torted q modern Cour¢l chanbm D. Contpwncy for cM hall I I 1.000 /Waw khbm to the apace needs ", figure E dont use Councd Chambers I 2,340 Twee as tree a eosbplperfect for NG and Corporate Das mg Rasocorns 500 OG+ws jan ua Closets 150 Lurch Room 500 Vesffiub 180 Lobby 800 AV roan 898 Two conference roam 792 A twd corderence room for city only is above Meehareosl 7201 Total Square Fest I _ 28 18,0 15 866, 17.7k dot bnmrt - Can ser Cen8,200 part sps � mar F. n I Joint I _La _ G. i Pwku+p_-- Joon Par" cel be problem on mcasm at bWnk — -_ — M Lrrdaaapnp J. Rwno Mnp 1 ADA mrlM rooms Floor finishes - two fft 55000 25000 CoutttorUcubcbs 7500 Mac ADA 5000 Canal Chernbaaloth 10000 PhonboV 7500 Fva floor rornedel 10000 Beeenrd mat err — 5000 Rw- blYtp 27000 Clean-Wrepair 50DI I. RemodWV tots -- 1 {157,000 1 -- -- - - _ _ __ _ - _ - J. Purchase puce - . 1 1750,0001 1810,000- - -- K TOTAL COST '_ SM7,D100? 141MO o L Annual Tax Rewerare - To City from BankProperty (M-25) I 0F— _$S 7� 50 Ta rwenr"d Margtrbs Bank rarrgn p-sts Summary - m order to bnrp 8» cannsaaty cwmr b Oce dowMoen we - pry must purchase the tend area an devMop the Par" necessary u erypon the erre T'Irefas to l an p v" costa we a fbeed egta me an we not added to the ally hall cost After rw ~V the )oird uses as baud n the spade heads sbdy, a banana der Jut a large poi bar of the specs Could be aver- as pard use Race krreslsNOy, 0r4y 8,000 e 1 feet d afy hal space nest be used specdinI for city ti p Amm Ahmt 4,000 spurs fora a paAecl q prrd use spec• TheCor nerMy terbr program ehoww 5,200 square fast of µWO use apace (sr bas above) Combs" CRY hal with Camhunl y Center flu doaettewl plan baser - anA - Cbrmsauty stlaradlon Mankiatu Bank rrnaors a tenable parcel urdw oanranity codes OPIUM community Car be plaaas coy hal so as ane lath - ADA not an Mora M wAl take two Vena • to nose Cay half to nos sub - nos kit tank Can OCcir sbaM Bulging mansple"em mors Wmcm at Carmody canner ally coy adl bnslte S-� SPACE NEEDS STUDY CITY OF MONTICELLO Date: June 19,1997 lk MONTICELLO CITY HALL SPACE PROGRAM /-50; t PROGRAM AREA:_ &ISTtke— "IEED -;:SHORTAGE 1 COUNCIL CHAMBERS 1,162 sf 1,162 sf -0- sf 2 CITY ADMINISTRATOR 194 sf 230 at 36 sf 3 CLERK/ OFFICE MANAGER 80 at 120 at 40 sf 4 FINANCE ASSISTANT / MIS 80 at 100 at 20 sf 5 BOOKKEEPER 80 at 80 Sf -0- sf 6 UTILITY BILLING CLERK 80 at 80 at -0- sf 7 RECEPTIONIST 80 8f 80 at -0- sf B ASSISTANT CITY ADMINISTRATOR 194 at 200 at 6 sf 9 CHIEF BUILDING OFFICIAL 94 8f 180 sf 86 sf 10 BUILDING INSPECTOR 94 at 150 9t 56 8f 11 DEVELOPMENT SERVICES TECHNICIAN 80 at 100 sf 20 sf 12 DEVELOPMENT SERVICES CLERK .0. at 80 at Bost 13 ECONOMIC DEVELOPMENT DIRECTOR 94 at 120 at 26 at 14 PLANNING TECHNICIAN / PLANNER .0.8t 120 at 120 at 15 MEN (NOT ADA COMPLIANT) 150 8t )► 200 at 50 8t 16 WOMEN (NOT ADA COMPLIANT) 150 at 300 81 I 150sl 17 COAT CLOSET / JANITORIAL AREA• 70 of 150 e1 80 at 18 RECORDS STORAGE -0.8t 800 of 600 8t 19 COUNCIL STORAGE 98 at 96 at -0• at 20 LUNCH ROOM 132 at 240 et 108 at 21 COAT CLOSETS 18 at 40 8f 22 of 22 VESTIBULE 160 of 160 of -0• at 23 L088Y/RECEPTION 7400 -0.9f _JaqLNo. 5 SPACE NEEDS STUDY CITY OF MONTICELLO Date: June 19,1997 M6f4T10ELL0 CITY HALL SPACE PROGRAM (CONTINUED) PROGRAM`AREA'{sIE7(ISTIN(ii� NEED :,[SHORTAGE 24 AUDIO VISUAL / COMMUNICATIONS -0- sf I 150 Sf 150 sf 25 WORKROOM & OFFICE SUPPLIES 206 sf 250 sf 44 sf 26 COMPUTER ROOM d STORAGE 40 sf 200 sf 160 sf 27 MAYOR / COUNCIL OFFICE -0- sf 120 sf 120 5f 28 COUNCIL CONFERENCE ROOM -0- sf 300 sf 300 sf 29 CONFERENCE ROOM (EXISTING) 267 sf 267 Sf -0- Sf 30 CONFERENCE ROOM (NEW) -0- sf 267 sf 267 sf 31 INTERN / TEMPORARY EMPLOYEES -0- sf 160 sf 160 sf 32 FUTURE PRIVATE OFFICE -0- of 120 sf 120 sf O"WE EMVLOYEES SUCH AS: PLMC WORU MOOR UOUOa STM MANA P, AM & COHTHOI OFFICER STC. 33 FUTURE PRIVATE OFFICE -0- sf 120 of 120 sf TONORMY USES SUCH AS: OUTS06 COIISW TARTS. "WOR, PHEW. ETC 34 UBRARY / MAP ROOM -0- sf 230 sf 230 sf 35 MECHANICAL ROOM 720 sf ' 720 sf -0- sf 36 CIRCULATION AND STRUCTURE 2327 sf 3,908 sf 1 1,441 sf CITY HALL TOTALS 7,388 d 12,000 1 4,812 sf SUMMARY: EXISTING CITY HALL ADDITIONAL SPACE NEEDED FUTURE CITY HALL y 79388 SF 49612 SF 12,000 SF T,C`� l'j PO Boa 884 Monticello Community Partners Monticello MN 55382 2VAM MEMO September 22, 1997 To Jeff O'Neill, Assistant City Administrator From: Rita Ulrich, MCP Manager �Z Re: Community Center The MCP Board of Directors reviewed and discussed the latest proposal of the Community Center Task Force at its meeting on September Ir. It was the consensus of the Board that MCP supports the overall concept of a community center and the direction of the work of the Task Fong. MCP is pleased thffi the proposal is in keeping with the Downtown and Riverfront Revitalization Plan to create a civanstitutional core in the downtown area. Members of the Board had a few questions, which they felt will require attention as the proposal is further developed. Members asked that additional research address the extent to which the center will meet community needs. They asked the question, 'What "the center mean to the average family in Monticello?' Related to this is a concern over public perception of this use of tax dollars. They felt it was important that the center have programs or fedlities that can appeal to a broad range of people. Board members also said they would like more Information on the expected operating costs of the center and how those costs would be met. Finally, the Board would like to see Information on the tax impact the center will have on residential, apartment, commercial and industrial properties in the city. MCP would like to thank the Task Force on its work to data and looks forward to woftq with the City and the Task Force in realizing a community center that benefice fire entire Monticello community. Memo TO: Jeff O'Neill From: Rusty Fifield Subject: Community Center Financing Date: September 22, 1997 1 have prepared preliminary financial analysis of Community Center option proposed by the Task Force. This option covers the financing of the core components of the Project. We are in the process of analyzing current and future options for financing the addition of an aquatic center and an ice arena. The purpose of the current analysis is to provide some initial indication of the financial implications of the Community Center. The analysis allows the City to understand and compare the costs potent'.4 property tax impacts of financing the project with G.O. Bonds approved at a referendum or with Lease Revenue Bonds. This analysis takes a "worst case" approach to tax levies. It does not present alternatives that could be used to reduce the tax levy needed to support the debt. The analysis of financing the Community Center is a work in progress. We will be presenting a refined finance plan to the Task Force on October 7. The finance plan will continue to evolve as decisions are made and more detailed project information becomes available. The current analysis frames the basic financial considerations for the project. It can be used by the City Council and the Task Force to make initial decisions about the direction of the project. The following comments provide some additional perspective on financing the Community Center: Both project and financing costs represent very preliminary estimates. The refinement of these assumptions will alter the financial impacts. The analysis illustrates the two basic finance options. We are in the process of evaluating other finance tools that can be used without a referendum and reduce finance and interest expenses. The analysis assumes that the National Guard and the City Office portions of the facility will be financed without debt. Ehlers and Associates, Inc. 2950 Norwest Center* 90 South Seventh Street Minneapolis, Minnesota 55402 (612) 339-8291 O FAX (612) 339-0854 rusty®ehlers-Inc.com Jeff O'Neill Page 2 September 22, 1997 The Alternative Learning Center share of the project will be supported by its lease payment. At this point, no other revenue from lease payments are expected to support debt. O This analysis assn nes that after the ALC lease payment all debt is supported by a property tax levy. Part of our focus in the continued development of the finance plan will be to find non -tax sources of revenue to lessen the property tax burden. ON Of Monucell0 Community Censer Flnanetng Army Nalionel Guard Offices, city Offices Allamative Lawring Center senior Ceram Lurch Room Kitchen Gymnasium Meeting Room t Meeting Room 2 Large Room Community Resource Room Lockers Recreation OkostYMCAICity yauftVxkx r playidoy care Indoor Play Structure Subtotal Common Aroee/CorrldOrs Subtotal Land Site Impramffwft Park 6 Rldo IG Shoot Most Pah TOTAL PROJECT 0— PREUMINARYror Dismission Only 6.033.200 9 0% Annual Debt Sella From Non -Tax Sources BOND ISSUE Total Project Cost Complete P of - Water . ke Delayed Leas Upfront f Lease Rovarwo - _ PARAMETERS -OR 1.500.000 , -- — SF� %-QSF- SMF 50,000 — COSI 1.000 7.60% 90 380,000 9,000 17.10% 90 810,000 1,000 7.80% 90 380.000 1.000 7.60% 91) 360.000 Soo 0.95% 90 45.000 1,200 2.28% 120 1",000 7,000 13.30% 75 525,000 398 0.75% 90 35,000 396 0.75% 90 35,010 2.310 1,15% 90 210,800 901 1.01% 120 103,880 3.500 6.65% 120 120,000 100 0.76% 90 36,000 3.500 6.65% 90 315.000 1,000 1.90% 90 90.000 12,098 591.17 - 1,750,000 3,850,560 1,210 8.00% 1,755,97 385,056 6,311 12.00% 577.581 52.620 1,813.200 1.000.000 110,000 50.000 0 30.000 0 6.033.200 9 0% Annual Debt Sella From Non -Tax Sources BOND ISSUE Total Project Cost 6,033.200 Leas Upfront f Lease Rovarwo National Guard 1.500.000 Oty Office Share 810,000 MNDOT 50,000 Ms" Ducks 0 Omer 0 Total Cost to FInence 3.673,200 Fvvince Costs 2.50% 98,712 Capitalized Interest 9 177,735 Rounding 323 Total Bond Issuo 3,950,000 ESTYATED TAX IMPACT Lease Rovarwo 0.0. Benda Interest Roto 600% 5.50% Term 20 20 Average Amuol Doll Service 344,370 330,533 ALC Leese 21,600 21,600 % trom Oma Sources 0% (IT. City TeX Levy 319,779 305,933 Estlmatod Tat Rete 2.2198 0 0651 Market Value Additional Annual Tax - — 30,000 $6.75 $19,53 60.000 13.50 38.05 90.000 23.12 58 58 120,000 35,60 7911 150,000 18,09 97.61 200,000 68.90 130,16 250.000 89.71 162.73 60,000 53037 532.55 100,01)() 60.71 6509 300,000 226,11 195.27 600.000 106 18 750,000 831,0707 186 19 4" 1,000,000 85605 65091 1,250,000 1,081.03 91361 1.500.000 1,306,01 07636 - 1,750,000 1,53999 1,13909 2.000,000 1,755,97 1.30182 Ehrore 8 AeWCletoe 09/12/97 BLDGCOIP WKI 1 6 September 11, 1997 MONME7 lA Angela M. Swetland Director of Housing & Assisted Living, Inc. Wedum(PHM Affordable Housing Inc. 3220 Lake Johanna Blvd. St. Paul, MN 55112-7997 Dear Angela: Sometime ago, I spoke to you about the Euended Low -Income Housing Commit Agreement between Wedum(PHM Affordable Housing, Inc. (IU -Owner") and the Housing and Redevelopment Authority in and for the Cay of Monticello, Mintimla (the "Authority"). In preparation of authorizing the fust tax increment reimbursement payment to the Owner, it was noted the Authority had not received any of the certified reports as outlined in the Commitment Agreement, Page 12, Section 7. Certification and Review Auditing Following our conversation the ,natter was discussed by the HRA. The HRA commissioners fully understand the rehutaace of the elderly to share income information: however, the commissioners noted the agreement and the cotnmittnem by the Owner to submit the certifications to the HIRA. Additionally, the certification is important to the HRA as the project is a "Qualified Housing District" and in case the HRA is audited by the IRS. The HRA has received a copy of the C ti&ate of Continuing Compliance to Wright County firom the manager of the project. It would be appreciated if completed copies of Exhibit C "Certification of Tenant Eligibility" and Exhibit D "Certificate of Continuing Program Compliance" of the Agreement were submitted to the HRA as agreed upon in the Extended Low -Income Housing Commitment Agreement. Qg c.*--) Moeticello City HA. 250 E. amaftiy. PO Box 1147. Monticello, MN 55362.9245 -16121 295.2711 • Pax:16121 WSiulf Office of Public Wortti 909 Golf Ccum Rd.. Mtmicello, MN 55362.16121:95.3170 • Pac 16121271.3272 Ms. Swetland September 11, 1997 Page 2 Should you have further questions, please do not hesitate to ca0 me at 271-3208. 'hank you for your attention of this matter. Sincerely, HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE MY OF MONTICELLO, M NNESOTA V, C, o 011ie Koropehak Executive Director Enclosures: Excerpt of the Agreement Exhibit B. C, and D cc: HRA Attorney Steve Bubul HRA File Hourly Rata Montly Income" Max PITT" I Debt I House Price $ to close $ 7.50 $ 1,300.00 S 376.55 $ 156.45 $ 33,333.00 $ 2,916.00 ' $ 8.00 $ 1,386.67 $ 402.00 $ 166.53 $ 36,405.00 $ 3,013.00 $ 8.50 $ 1,473.33 $ 426.97 $ 176.93 $ 40,153.00 $ 3,515.00 $ 9.00 $ 1,560.00 $ 452.31 $ 187.29 $ 43,581.00 $ 3,647.00 $ 9.50 $ 1,646.67 $ 477.28 $ 187.84 $ 46,957.00 $ 3.777.00 $ 10.00 $ 1,733.33 $ 502.25 $ 208.28 S 50,332.00 $ 3,907.00 $ 10.50 $ 1,820.00 $ 527.60 $ 218.60 S 53,760.00 $ 4,046.00 $ 11.00 $ 1,906.67 $ 552.56 $ 229.17 $ 57,136.00 S 4,183.00 $ 11.50 $ 1,993.33 $ 577.92 $ 239.35 S 60,563.00 S 4,321.00 $ 12.00 $ 2,080.00 $ 602.88 $ 249.92 $ 63,939.00 $ 4,458.00 $ 12.50 S 2,166.67 $ 627.58 $ 260.75 $ 67,315.00 $ 4,595.00 e I $ 13.00 $ 2,253.33 $ 653.19 $ 270.68 $ 70,774.00 $ 4,765.00 $ 13.50 S 2,340.00 $ 678.54 $ 280.86 $ 74,252.00 $ 4,955.00 $ 14.00 $ 2,426.62 $ 703.51 $ 291.42 $ 77,879.00 $ 5,153.00 $ 14.50 IS 2,513.33 $ 728.48 $ 301.99 $ 81,105.00 S 5,330.00 $ 15.00 $ 2,600.00 $ 753.83 $ 312.17 $ 84,584.00 $ 5,520.00 • 40 hours per week X 52 weeks 112 " Assumes Real Estate taxes at 1200 yr., Hazard at 360 yr., Interest Rate at 7.5 %. (S a> Hourly Rate I Montly Income" Max PITT" Debt House Price $ to close $ 7.50 $ 1,300.00 $ 376.55 $ 156.45 $ 33,333.00 $ 2,916.00 ' $ 8.00 $ 1,388.67 $ 402.00 $ 166.53 $ 38,405.00 $ 3,013.00 $ 8.50 $ 1,473.33 S 426.97 $ 176.93 $ 40,153.00 $ 3,515.00 $ 9.00 $ 1,560.00 $ 452.31 $ 187.29 $ 43,581.00 $ 3,647.00 $ 9.50 $ 1,646.67 $ 477.28 $ 197.84 $ 46,957.00 $ 3,777.00 $ 10.00 $ 1,733.33 S 502.25 $ 208.28 $ 50,332.00 $ 3,907.00 $ 10.50 $ 1,820.00 $ 527.60 $ 218.60 $ 53,760.00 $ 4,046.00 S 11.00 $ 1,908.87 $ 552.58 $ 229.17 $ 57,138.00 $ 4,183.00 $ 11.50 $ 1,993.33 $ 577.92 $ 239.35 $ 80,563.00 $ 4,321.00 $ 12.00 $ 2,080.00 $ 602.88 $ 249.92 $ 63,939.00 $ 4,458.00 $ 12.50 $ 2,188.67 S 627.58 $ 260.75 S 67,315.00 $ 4,595.00 $ 13.00 $ 2,253.33 $ 653.19 $ 270.68 $ 70,774.00 $ 4,765.00 $ 13.50 $ 2,340.00 $ 678.54 $ 280.86 S 74,252.00 $ 4,955.00 $ 14.00 $ 2,426.62 $ 703.51 $ 291.42 $ 77,679.00 $ 5,153.00 $ 14.50 $ 2,513.33 $ 728.48 $ 301.99 $ 81,105.00 $ 5,330.00 $ 15.00 $ 2,800.00 S 753.83 $ 312.17 $ 84,584.00 $ 5,520.00 • 40 hours per week X 82 weak& 112 Assumes Real Estate taxes at 1200 yr., Hazard at 360 yr., Interest Rate at 7.5 %. Hourly Rats I Montly Income" I Max PITT" I Debt I House Price I E to close $ 7.50 $ 1,300.00 $ 376.55 $ 156.45 $ 33,333.00 $ 2,916.00 ' $ 8.00 $ 1,386.67 $ 402.00 $ 166.53 $ 36,405.00 $ 3,013.00 $ 8.50 $ 1,473.33 $ 426.97 $ 176.93 $ 40,153.00 $ 3,515.00 $ 9.00 $ 1,560.00 $ 452.31 $ 187.29 $ 43,581.00 $ 3,647.00 $ 9.50 $ 1,646.67 $ 477.28 $ 197.84 $ 48,957.00 $ 3,777.00 $ 10.00 $ 1,733.33 $ 502.25 $ 208.28 $ 50,332.00 $ 3,907.00 $ 10.50 $ 1,820.00 $ 527.60 $ 218.60 $ 53,760.00 $ 4,046.00 $ 11.00 $ 1,906.67 $ 552.58 $ 229.17 $ 57,136.00 $ 4,183.00 $ 11.50 $ 1,993.33 $ 577.92 $ 239.35 $ 60,563.00 $ 4,321.00 $ 12.00 $ 2,080.00 $ 602.88 $ 249.92 $ 63,939.00 $ 4,458.00 $ 12.50 $ 2,166.67 $ 627.58 $ 260.75 $ 67,315.00 $ 4,595.00 $ 13.00 $ 2,253.33 $ 653.19 $ 270.68 $ 70,774.00 $ 4,765.00 $ 13.50 $ 2,340.00 $ 678.54 $ 280.86 $ 74,252.00 $ 4,955.00 $ 14.00 $ 2,426.62 $ 703.51 $ 291.42 $ 77,879.00 $ 5,153.00 $ 14.50 $ 2,513.33 $ 728.48 $ 301.99 $ 81,105.00 $ 5,330.00 $ 15.00 $ 2,600.00 $ 753.83 $ 312.17 $ 84,584.00 $ 5,520.00 • 40 hours per week X 62 weeks 112 " Assumes Real Estate taxes at 1200 yr., Hazard at 360 yr., Interest Rate at 7.5 %. y 1 Hourly Rate Montly Income" Max PITT" I Debt I House Price I $ to close $ 7.50 $ 1,300.00 $ 376.55 $ 156.45 $ 33,333.00 $ 2,916.00 ' $ 8.00 S 1,386.67 $ 402.00 $ 188.53 $ 36,405.00 $ 3,013.00 $ 8.50 $ 1,473.33 $ 426.97 $ 176.93 $ 40,153.00 $ 3,515.00 $ 9.00 $ 1,560.00 $ 452.31 $ 187.29 $ 43,581.00 S 3,647.00 $ 9.50 $ 1,646.67 $ 477.28 $ 197.84 $ 46,957.00 $ 3,777.00 $ 10.00 $ 1,733.33 $ 502.25 $ 208.28 $ 50,332.00 $ 3,907.00 $ 10.50 $ 1,820.00 $ 527.60 $ 218.80 $ 53,760.00 $ 4,046.00 $ 11.00 S 1,908.87 $ 552.56 $ 229.17 $ 57,138.00 $ 4,183.00 $ 11.50 S 1,993.33 $ 577.92 $ 239.35 $ 60,563.00 $ 4,321.00 $ 12.00 $ 2,080.00 $ 602.88 $ 249.92 $ 63,939.00 $ 4,458.00 $ 12.50 S 2,166.67 $ 627.58 $ 260.75 $ 67,315.00 $ 4,595.00 $ 13.00 $ 2,253.33 $ 653.19 $ 270.68 $ 70,774.00 S 4,765.00 $ 13.50 $ 2,340.00 $ 678.54 $ 280.88 $ 74,252.00 $ 4,955.00 $ 14.00 S 2,426.62 $ 703.51 $ 291.42 $ 77,679.00 S 5,153.00 $ 14.50 $ 2,513.33 $ 728.48 $ 301.99 $ 81,105.00 $ 5,330.00 S 15.00 S 2,600.00 $ 753.83 $ 312.17 $ 84,584.00 S 5,520.00 ' 40 hours per week X 52 weeks 112 " Assumes Real Estate taxes at 1200 y►., Hazard at 360 yr., Interest Rate at 7.8 %. HOUSING AND REDEVELOPMENT AUTHORITY WEDNESDAY, NOVEMBER 5.1997 6:30 P.M. TO DISCUSS APPRAISALS 7:00 P.M. REGULAR MEETING The appraisal for the Carlson property will be delivered next week upon receiving as wen as the HRA minutes