HRA Minutes 05-13-1992
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MINUTES
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY SPECIAL MEETING
Wednesday, May 13, 1992 - 6:30 PM
City Hall
MEMBERS PRESENT:
Chairperson Al Larson, Ben Smith, Lowell
Schrupp, and Tom St. Hilaire.
MEMBERS ABSENT:
Everette Ellison.
STAFF PRESENT:
Ollie Koropchak.
STAFF ABSENT:
Rick Wolfsteller and Jeff O'Neill.
GUEST:
Edward Kruse.
1. CALL TO ORDER.
Chairperson Larson called the meeting to order at 6:30 PM.
2.
CONSIDERATION TO DISCUSS THE KRUSE COUNTER-OFFER FOR POTENTIAL
ACQUISITION.
Koropchak reviewed the enclosed agenda information with the
HRA members which outlined the Kruse's counter-offer and the
HRA I soffer, the lot size and the county I s estimated land
value, necessary contingencies, comparative Briar Oaks lot
sales, current tax and assessment information, estimated base
valuations of seven proposed cottege homes, setback
requirements, and necessary public hearings and plat requests.
Koropchak also informed the HRA that one neighborhood property
owner has called the City Hall asking about the city's intent
for development.
Tom St. Hilaire was confused to why the HRA had covened this
meeting, as he understood a motion had been approved by the
HRA on April 23, 1992 authorizing a firm offer of $20,000
maximum for the Kruse property. He asked if there was a
miscommunication, as he felt it was very unfair to ask HRA
members and Mr. Kruse to give up additional time for a
decision previously made. Mr. Kruse agreed with St. Hilaire.
Koropchak responded that staff invi ted Mr. Floyd Kruse to
attend the regular May HRA meeting to present a counter-offer,
if a party requests (or is invi ted) to be on the regular
agenda, as a public body, the request should be considered.
Chairperson Larson acknowledged he thought it only right to
hear the request or invitation of a taxpayer.
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HRA MINUTES
5-13-92
At the regular May meeting, the HRA tabled the decision to
purchase the Kruse property as they wanted to seek input from
Mr. St. Hilaire regarding the counter-offer. Also, the HRA
requested further study as to the redevelopment and cash flow
feasibility.
Based on the enclosed agenda information, the HRA became aware
of additional obstacles in this project area, the difficulty
to cash flow a project with the redevelopment of single family
homes, and again mentioned other optional si tes for
redevelopment. Tom St. Hilaire made a motion that the HRA's
offer stands firm at $20,000, if unacceptable, the project is
discontinued. Ben Smi th seconded the mot ion and wi thout
further discussion the motion passed unanimously. Mr. Kruse
said the offer of $20,000 would have been acceptable in
February but not today.
3. CONSIDERATION TO AUTHORIZE BDS TO PREPARE A RESOLUTION AND
PUBLIC HEARING NOTICE FOR ACQUISITION OF THE KRUSE PROPERTY.
No action was necessary.
4.
ADJOURNMENT.
With no further business, the HRA special meeting adjourned at
6;48 PM.
o ~ "'<01~SJ J---
Ollie Koropchak, HRA Executive Director
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