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HRA Minutes 11-03-1993 . . . MINUTES MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY Wednesday, November 3, 1993 - 7:00 p.m. City Hall MEMBERS PRESENT: Chairperson Al Larson, Ben Sclu'upp, Everette Ellison, Hilaire. Smith, Lowell and Tom St. STAFF PRESENT: Rick Wolfsteller and Ollie Koropchak. STAFF ABSENT: Jeff O'Neill. 1. CALL TO ORDER. Chairperson Larson called the HRA meeting to order at 7:00 p.m. 2. CONSIDERATION TO APPROVE THE AUGUST 19 AND SEPTEMBER 27, 1993 BRA MINUTES. Lowell Schrupp made a motion to approve the August 19 and September 27, 1993 HEA minutes. Seconded by Ben Smi th and with no corrections or additions, the minutes were approved as written. 3. CONSIDERATION TO REVIEW THE POLYCAST, INC. PROPOSAL. BRA members received a copy of the proposal submi tted to Polycast, Inc. The proposal included $55,000 of upfront TIF assistance, the only public funding dollars proposed. Koropchak reported Mr. Wolfsteller indicated dollars were available for transfer rather than bond for the $55,000. The potential developer, Roy Schulz, has expressed the desire for increased public financial assistance. However, no si te selection has been made by the company. Based on the size and nature of the Annandale business, no other public funding will be proposed. The IDC Prospect Team reported the company could improve their internal physical housekeeping; however, the outside appeared well kept. The HRA suggested no aggressive action be taken to encourage a Monticello site location; however, the HRA did not oppose the use of TIF. 4 . CONSIDERATION TO REVIEW THE PRIVATE REDEVELOPMENT CONTRACT BETWEEN THE HRA AND STEPHEN AND JOAN BIRKELAND, JR. FOR DIRECTION. The HRA reviewed the context of the Private Redevelopment Contract, John Dean's recommendations, and Jeff O'Neill and John McVay's letters. Tom St. Hilaire made a motion stating the HRA stands firm on the terms and conditions of the negotiated and signed April 12, 1993 Private Redevelopment Contract. Further, suggested a letter be written reminding . . . HRA MINUTES NOVEMBER 3, 1993 the redeveloper of the terms and conditions of the contract and what the redeveloper stands to lose if the contract is not satisfied. The motion was seconded by Everette Ellison and with no further discussion, passed unanimously. 5. CONSIDERATION TO REVIEW BDS, INC. BILLINGS. The HRA reviewed the BDS bills through October 29, 1993. Although concerned with a few minor fees, the HRA was most concerned with the approximate $5,000 fee charged the HRA/City for the H-Window funding applications. The BRA suggested a letter be addressed to Mr. Pelstring for a further explanation of the charges in'-question and requesting a proposal of flat- rate fee options for the HRA members to consider. 6. CONSIDERATION OF A LETTER FROM BRADLEY BARGER AND HRA MEMBEESHIP TERMS. Mr. Brad Barger's letter was reviewed by the HRA. Mr. Barger expressed interest in HRA membership. The BRA was receptive of Mr. Barger's letter; however, with the present five-board membership satisfying statutory requirements, no action was necessary. It was noted that Chairperson Larson's term expires in December of 1993. 7. OTHER BUSINESS. liRA members reviewed lot sizes and tax and assessment information on the City's six lots, the HRA's lot, and Ron and Dee Johnson's lot. It was recommended that a letter be addressed to the Johnsons, inquiring of their interest to swap lots with the HRA or to sellout-right. Ben Smi th suggested a si te location for potential senior housing. The area identified was to the east of the Ccdarcrcst Apartments where currently a lot is for sale. It was suggested to contact Brad Larson regarding the site. Mr. St. Hilaire expressed his opinion that the BRA blew the first private senior housing deal through the 50-day delay caused by authorization of the senior housing market study. One of the property in Mr. Brad Larson's original plan along East Broadway was sold to a private individual. PagE" 2 . . . HHA MINUTES NOVEMBER 3, 1993 8. ADJOURNMENT. The HRA meeting adjourned at 7:45 p.m. ()~ ~if\ ~~ Ollie Koropchak, ~xecutive Director Page 3