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HRA Minutes 12-06-1989 . MINUTES MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, December 6, 1989 - 7:00 PM City Hall MEMBERS PRESENT: Chairperson Al Larson, Everette Ellison, Ben Smith, and Tom St. Hilaire. MEMBERS ABSENT: Lowell Schrupp. STAFF PRESENT: Ollie Koropchak GUEST: Pat Pelstring, BDS, Inc. Russ Martie, TIF Applicant 1. CALL TO ORDER. Chairperson Al Larson called the HRA meeting to order at 7:15 PM. 2. APPROVAL OF THE NOVEMBER 1, 1989 HRA MINUTES. . Ben Smith made a motion to approve the November 1, 1989 HRA minutes, seconded by Everette Ellison, the minutes stand approved as written. 3. CONSIDERATION TO REVIEW THE USE OF TIF AND BUILDING PLANS FOR THE RUSS MARTIE PROJECT. Mr. Martie presented the HRA with preliminary plans for his proposed commercial display/cold storage structure in Oakwood Industrial Park. Plans include a 7,128 sq ft metal structure of which 2,268 sq ft are for commerical display/office and 4,860 sq ft are for cold storage with the commerical sales display to the north and storage/loading dock to the west and east. Mr. Martie has a contact for deed on the property and has completed grading with elevations two feet above Dundas Road. The retail products consists of pet supply, Cargill supplies, grass seeds, power equipment, seed corn, salt, wood shavings, grains, etc. His present location along Highway 25 is 4,400 sq ft with a lease expiration of May 1, 1990. When asked by HRA members if the project would proceed without TIF assistance, Mr. Martie indicated the project would go on without TIF assistance, "Yes, it has to." The number of new jobs is two. Additionally, Mr. Martie indicated that during harvest months the facility may be used for grain cleaning. . Estimated projections showed a max up-front TIF assistance of $11,000 over 8 years for write-down of land. The HRA was concerned about their policy of assistance for non- competitive commerical businesses which previously has . HRA Minutes - 12/6/89 Page 2 3. CONTINUED. been used for assistance of public improvements assoicated with a project. Secondly, the HRA was concerned about the aesthetic view of the industrial park which has been noted by recent potential new industries. . The HRA asked Mr. Martie about the potential of constructing an additional 48 feet to the storage area or an increase of 2,592 sq ft to building project, as Mr. Martie had in earlier discussion indicated as a potential option. Mr. Martie responded that the payback would be good and would further increase jobs by two part-time yearly employees. With the additional 2,592 sq ft storage area to increase the ratio of warehouse for agricultural products compared to commerical display area, increase of EMV, and with the further increase of two part-time yearly employees, Mr. Pat Pe1string suggested the HRA consider the pay-as-you-go TIF option for Mr. Martie, as Russ indicated financing wasn't a problem, at an assistance level of $2,500 annually over 7 years or total of $17,500. The HRA further recommended proper screening for the storage and outside storage areas to reserve the industrial park aesthetic value. Under this analysis, Mr. Pelstring viewed this as a small good project which works well for both the HRA and Mr. Martie and assists a local small business to expand through the use of a cash flow TIF option. Everette Ellison made a motion authorizing Mr. Pat Pelstring to draft a TIF Plan for distribution to the school district, hospital, and county commission by December 22, 1989, author- izing an HRA public hearing date for the disposition of land on January 3, 1990. The TIF plan to assist the developer with the pay-as-you-go option of $2,500 annually for seven years or a total of $17,500 for land write down based on a total 9,720 sq ft metal building of which 2,268 sq ft comm display/office and 7,452 sq ft warehouse for agricultural products. Additionally, proper screening must be placed in the storage and outside storage areas to reserve the industrial park aesthetic value. The motion was seconded by Tom St. Hilaire and passed 4-0. 4. CONSIDERATION TO REVIEW THE DAVID FICEK'S REDEVELOPMENT PROJECT. . Mr. pelstring informed the HRA of the meeting results between Mr. Ficek, Koropchak and himself which had outlined the HRA recommendation for no rental/investor units in Phase I and the concern of property owner contact by Mr. Ficek. Mr. Ficek's initial request for TIF assistance was projected at $350,000-$400,000. However, preliminary numbers ran by BDS, Inc. indicated at assistance in the area of $250,000. After the meeting between Pelstring, Ficek, and Koropchak; Jerry Shannon ran preliminary numbers based on all units in Phase I and II on class rate for residental home- stead property, although the Phrase II was anticipated . HRA Minutes - l2/6/89 Page 3 4. CONTINUED. as rental/investor units by the developer. The level of assistance with the completion of Phase I and II as of January 2, 1992 was up-front $250,000. Projected increment beginning 1993 is $32,482 annually. Any excess increment from rental classification rate could be used as a pay-as-you-go option to the developer. Mr. Pelstring recommended Planning Commission reviewal for the multi-family rental units in Phase II and recommneded the HRA not execute the Letter of Intent until Mr. Ficek has met with the property owner for potential willingness to negotiate a land sale and establish developer's costs. The HRA recalled their original concept and objective of this project to eliminate blight and create quality townhouse (ownership) housing for the elderly (55 or above but not limited to) in Phase I site location. Mr. Pelstring felt Mr. Ficek would still remain interested in the project with TIF assistance of $250,000 for Phase I and II own- er occupied units, however, he would be disappointed. . Tom St. Hiliare made a motion recommending Phase I and II be owner occupied and the level of TIF assistance to be the $250,000 up-front option, this to be more consistent with the HRA's original project concept. Everette Ellison seconded the motion and without further discussion the motion passed 4-0. 5. CONSIDERATION OF AN UPDATE AND REVIEW FOR THE USE OF TIF FOR THE REMMELE ENGINEERING PROJECT. Koropchak updated the HRA on the proposed Remmele project: initial 20,000 sq ft with 50 employee (semi-skilled and skilled) with footings for a total 60,000 sq ft building anticipated within 3 to 5 years and an additional 100 jobs. If a Monticello site location is picked they would use TIF pay-as-you-go option. Competitive site locations are Elk River and Big Lake. A December decision is expected. Tapper, Inc. is planning for a December decision on their proposed 20,000 sq ft building with 5,000 mezzanine and 50 jobs. They proposed level of assistance would he the TIF up-front option. The HRA is on record as preliminary TIF assistance concept approval for the two above named projects. . Cardinal IG will present to their Board of Direc_tors in January 1990 for approval to expand or relocate their West Lake Street Plant thereafter will Mr. Renato Lizardo procede with site locations. HRA Minutes - 12/6/89 Page 4 . 6. CONSIDERATION OF AN UPDATE AND DISCUSSION OF THE POSSIBLE PURCHASE OF THE GILLE PROPERTY. This item appeared on the HRA agenda because Mr. Gille contacted Koropchak inquiring of the HRA's interest to purchase his property located on West County Road 75 (Zoned R-2). One parcel is approximately 2.6 acres with an asking price of $90,000 and the second parcel of approximately 1.2 acres with an asking price of $80,000. Mr. Gille would grant the HRA permission to enter his property for soil testing. Previously, the HRA had advised Mr. Hayes, Jeff O'Neill, and Gary Anderson to continue enforcing the City Ordinance (illegal use of a non-conforming use). Mr. Pelstring informed the HRA that his estimate of HRA excess increment is $400,000. . The HRA views the Gille property as a liability and not as an asset because of the underground storage tanks and possible soil contamination. Because of no interested developer and time being in favor of the HRA, Al Larson made a motion to table the item and requested City staff and Mr. Hayes continue enforcing the City Ordinance. The motion continued that upon the HRA receiving a certification letter from Mr. Gille stating that the property was no longer a liability (underground storage tank and soil testing completed) the HRA would then consider assistance with marketing the property. The motion was seconded by Everette Ellison and with no further discussion passed 4-0. Prior to the motion, Mr. Pelstring had suggested the HRA consider providing TIF assistance for one-half the soil testing costs or $2,500 and assist with marketing the property or offer assistance to a new developer. 7. CONSIDERATION OF HRA MEMBERS FOR HRA APPOINTMENTS FOR THE YEAR 1990. Ben Smith made a motion recommending to the City Mayor for Council approval the following HRA members and their expiration term dates. Ben Smith Tom St. Hilaire Everette Ellison Al Larson Lowell Schrupp December 1990 December 1991 December 1992 December 1993 December 1994 Everette Ellison seconded the motion and without further discussion passed 4-0. . . 8. OTHER BUSINESS. None. 9. ADJOURNMENT. The HRA meeting adjourned at 9:15 PM. ~ '\(d\.o~~ Ollie Koropchak, HRA Executive Secretary . . HRA Minutes - 12/6/89 Page 5