HRA Agenda 04-03-2002
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AGENDA
MONTICI,:LLO HOUSING AND REDEVELOPMENT AUTHORITY
Wednesday, April 3, 2002 - 7:00 p.m.
50S Walnut Street - Bridge Room
Commissioners:
Chair Dan Frie, Vice Chair Brad Barger, Steve Andrews, Darrin Lahr. and
Bill Fair.
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Council Liaison:
Brian Stumpf.
Stall: Rick Wolfsteller, Ollie Koropchak, and Lori Kraemer.
Guest: Steve Johnson, Property owner on Block 52.
Call to Order.
Consideration to approve the March 6, 2002 and March 26, 2002 HRA minutes.
Consideration of adding or removing items from the agenda.
Consent Agenda.
A. Tabled - Consideration to approve authorization to enter into the Contract for
Private Redevelopment among the HRA, Hans Ilagen Ilomes, Inc., and the City
of Monticello.
Consideration of follow-up by Steve Johnson for potential redevelopment within Block
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6. Consideration to approve the election of HRA officers for 2002 and approve the
appointment of commissioners to committees.
7. Consideration to review for amending the HRA Business Subsidy Criteria and the HRA
Bylaws.
8. Consideration to review and accept the year-end financial reports for the HRA General
Fund and TIF Fund as prepared by HRA Treasurer Wolfsteller.
9. Consideration to review TI F Cash Flow Projections for TI F District Nos. 1-2, 1-5, 1-6, 1-
21, 1-22, and 1-23 as prepared by Mark Ruff, Ehlers & Associates.
10. Consideration to discLlss and set HRA goals for 2002.
11. Consideration of authorizing payment of March HRA bills.
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MINUTES
MONTICELLO HOtJSING AND REDEVELOPMENT AUTHORITY
Wednesday, March 6, 2002 - 7:00 p.m.
505 Walnut Street - Bridge Room
Commissioners:
Chair Dan Frie. Vice Chair Brad Barger. Steve Andrews. Bill Fair and
Council Liaison Brian Stumpf
Absent:
Darrin Lahr and Rick Wolfstel1er
Staff:
Ol1ie Koropchak and Lori Kraemer
1. Call to Order.
Chair Frie called the meeting to order at 7:00 PM.
2. Consideration to approve the Februarv 6. 2002 HRA minutes.
A MOTION WAS MADE BY BRAD BARGER TO APPROVE THE MINUTES OF
THE FEBRUARY 6,2002 liRA MEETING. STEVE ANDREWS SECONDED TilE
MOTION. Motion carried with Bil1 Fair abstaining.
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Consideration of addin!.! or removin!.! items hom the a!.!enda.
Executive Director Ollie Koropchak removed items Band C. and placed them as 4B and
4C on the agenda.
4. Consent A!.!enda.
A. Consideration to adopt a resolution approving the modification of the
Redevelopmen.t Plan of CMRP No.1. and establishment of the TIF Plan for TIF
District No. 1-29 (Housing District). Recommendation: Adopt the resolution
approving the modilication of the Redevelopment Plan ofCMRP No.1 and
establishment of the TIF Plan for TIF District No. 1-29.
A MOTION WAS MADE BY STEVE ANDREWS TO APPROVE THE CONSENT
AGENDA. BILL FAIR SECONDED THE MOTION. Motion carried unanimously.
4B. Consideration to a rove authorization to enter into the Contract for Private Deve\o ment
amonl! the HRA. Front Porch. and the City of Monticello.
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Koropchak advised that Mike Cyr had stated some concerns regarding this item. lIe
advised the J-IRA members that one concern was regarding the 7th Street and Minnesota
Street right-of-\vay as far as how the agreement with the City is written. lIe also advised
that he is purchasing back a portion of 61h Street with credit he will be issued. Cyr stated
that Ruff Auto erected a fence approximately 50 years ago and that it is encroaching into
the ROW. Accordin!.! to the contract from the Citv. it is stated that the Citv has the ri!.!ht
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to back out of the agreement with a \vritten notice. He stated he has already spent
approximately $20.000 on this project and he wants to know what recourse he \vould
have if this were to happen. if the City could not get clear title. Ruff has taken the stance
that he believes he has rights to this property. Cyr added that he initially approached
Randy Ruff prior to the start of this project and that Ruff was aware of the encroachmcnt
and was willing to work with Cyr in having the fence and cars moved. Since that time.
Ruffs attorney advised that he may have rights to that property. Cyr then stated that he
believes that whenever a City street is vacated it has to be offered to property owners on
both sides. Cyr advised also that he obtaincd signatures for the request for the vacation.
but then it scems Ruff changed his mind. Cyr advised that City Administrator Rick
Wolf'itelkr had written him a Iettcr stating that the City would move the cars at Ruffs
expense. if the need be.
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Bill Fair asked Cyr if hc was requesting an amendment to the contract stating that the
HRA could not do this without the City's consent and that this would have to be
discussed with the City Attorney.
Koropchak advised that she had spoken to the I IRA Attorney and added that Cyr had
received excerpts lh)J11 the agreement with the developer and the City. The Attorney
stated that thesc arc always done with a quit claim deed when it involves public
assistance. There is also title insurance which should cover any concerns with a quit
claim deed. She did also reiterate that the City could go in and remove the vehicles and
bill the owner.
Cyr stated that he did i'mrchase some of the property already and that the only thing
stopping the project from being able to move over 30 feet to avoid the concern with
Ruff s fcncc. is an existing housc. Cyr asked thc !-IRA if they would purchase that piece
of property and \\ould they move with him quickly and efficiently to make the project
work if that were to \\ould happen.
Koropchak asked Cyr if he \\'ollld be comfortable if the contract would address
specifically that the fence on the propcrty would be cleared. The HRA Attorney stated
that there could be speci fic language added to the contract to establish this.
Cyr also added that the streets do not have the capacity to drain the project properly and
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he would need to run the storm se\ver much further (approximately 600 feet). stating he
initially thought it to be I 00 fect. Also there is a slope \vhere they would haw to install a
large storm sewer and this is adding additional expcnse. He wondered if the City would
help \vith those added costs which he estimated to be an additional $40.000.
Barger askcd what the City normally does in these eases and Brian Stumpf advised that
they install and assess back to the benefitting properties. Cyr stated he needs to close on
thc remainder of the property by the end of March. He also asked if the start date listed in
the contract could be amcnded.
Stumpf asked if Cyr \vouldlike him to talk to Ruff and he stated yes. Bill Fair added that
approaching Ruff might give him the imprcssion that he has rights to this property. Cyr
stated his goal in this matter is to get c1car titlc from the City. Again Koropchak advised
that the HRA Attorney did not think that a Warranty deed \vas the right way to proceed.
He suggested Cyr provide language that he would like included in the agrecmcnt instead.
Koropchak also statcd that regarding Cyr's rcqucst fl)r increased TIF assistance. he would
need to provide another performa prior to adding additional assistance. Chair Frie asked
Cyr if his rcquest is to reconsider the Contract ifthc City is not able to provide clear title.
and also would he like Brian Stumpf to approach Ruff on this matter. and Cyr stated that
was his request.
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A MOTION WAS MADE BY BILL FAIR TO APPROVE AUTHORIZATION TO
ENTER INTO THE CONTRACT FOR PRIVATE REDEVELOPMENT AMONG TlIE
I IRA. THE CITY. AND FRONT PORClI ASSOCIATES. L"fD WITH
CONSIDERATION TI--[AT IF THE CITY IS UNABLE TO PROVE CL.EAR TITLE TO
RANDY RUFF'S PORTION OF THE PROPERTY. THAT TI-IEY WOULD
RECONSIDER THE LEVEL OF TIF ASSISTANCE. BRAD BARGER SECONDED
THE MOTION. The motion carried unanimously.
There was further disc'ussion regarding the drainage issue and it was stated that Cyr
would havc to come back to the HRA \vith that request.
4C. Consideration to approve authorization to entcr into the Contract for Private
Redevelopment amonu: the HRA, Hans I-Ia!!en Homes. Inc.. and the Cit" of Monticello.
Koropchak providcd additional information regarding the Wild and Sccnic Act as it
pertains to this item. adding that the Planning Commission would bc addressing this as
well. Koropchak al.h'ised that she had spoken with Hans Hagen's attorney regarding the
contract stating that if a lawsuit were to arise due to default. would the HRA be in
agreemcnt to go to arbitration. Also asked that ifan agreement could not be reached. that
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each party pay their own att0 nll.:y' s fees. Koropchak stated that typically the developer
vvould pay f(x the I IRA attorney's lees and her suggestion was to agrce to a lawsuit. not
arbitration. with each party paying their 0\\"11 attorney's fees.
Koropehak also stated that Steve Grittman had talked to Hans Hagen regarding the
IIRA's disappointment vvith the design change as they were looking for f~lInily units
versus single units. Hagen stated that high end empty nesters is where the market is.
Grittman advised Hagen to look at ceiling heights and other changes to make the design
more appealing as well. Koropchak also stated that Bret Weiss had rcviewed the grading
plall and that the frollt porch on the northeast corner was too close to the street to install
the sewer lines, and that thcre needs to be some accommodations to the grading plan.
As the preliminary development agreement e:<pires in April. Koropchak advised the I--lRA
that she would like thcm to not make any motion at this time and to address this item at
the April meeting after the Planning Commission had reviewcd it.
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Steve Andrews askcd if the HRA thought maybe another developer might be interested in
developing this property and they stated they were sure that there would be. Also asked
if they had approached l-Ians Hagen on a rnix of units and Koropchak advised that she
believed they had. Andrews stated that he felt they should really make sure this is what
they want to do. Brad Barger added that it does seem to be the trend in other cities to be
marketing more for singles or upscale empty nesters closer to downtown areas. It was
also noted that Hans Hagen is good at what he does and knows the market.
A MOTION WAS ivlADE BY BRAD BARGER TO TABLE ANY ACTION UNTIL
THE APRIL MEETING. STEVE ANDREWS SECONDED 'rl-IE MOTION. Motion
carried unanimously.
5. Consideration of fcedhack from the meetinl! vvith Block 51 nropertv owners and action to
move forward if necessarv.
It was advised that Consultant Mark Ruff. HRA Chair Dan Frie and Koropchak had met
with Kathy Froslie, Biff Springborg. Steve Johnson und Kevin Heaton on Wednesday.
february 17, 1001. Thc mecting allowcd time to gather inf(wmation from the property
owners and to inform property owners of the time clock thc HRA is under and the HRA's
need to v\-eigh the best economical site(s) to spend the tax increment.
Dan Frie added that he had rcsponses from two of the owners regarding their potential
interest. as \vell as the asking prices for their property. Froslie. who owns Lots 4.6. and
14 of Block 51, indicated that she is nearing retirement and therefore her interest in
selling, and that she vvould like to cash out.
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Springborg. who O\vns I .ot 3 which consists of a concrete building that is approx 5.000 sq
ft. with heated storage and a restroom t~lCility, based his selling price on relocation costs
or replacement cost ofa building that size. He is willing to sell with rent back for 3 to 4
ycars before retiring,
Frie also stated that they had met with Steve Johnson who owns Lots 10. 13. 15. and 16.
and Kevin Heaton who owns Lot 11. (the HRA owns Lot 12). Both parties arc interested
in participating in a redevelopment project as partners. Their rate of return would bc
similar to what they are getting now, Evaluation is based primarily on the income
approach to the property, Johnson provided some numbers as well. Heaton added that
Preferred Title would expand and is interested in occupying any new building and
become a major tcnant. It was also added that Lot 8. owned by John Poirer. was also a
possibility.
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Two differcnt potential projects \vere described. one on north end of the block and one on
south. It was added that the owners of Lots 5 and 9 had not yet responded. A concern
was notcd by Johnson and f-Icaton in the method for detcrmining value on the north half
of the block. adding that it would be difficult to get a rate of return unless the types of
dollars would be retail or high volume sueh as a restaurant/bar. Their position was that it
would probably not be retail or a larger restaurant but more smaller businesses and
professional office spaee. Another concern was how much of the money bonded for is
left to \vork with. Koropchak advised that she talked to Mark Ruff of Ehlers and they
had not run the numbers yet but would get them to the HRA by the April meeting. Her
guess is that it is about $550.000. She added that they do really need to rerun the
numbers. especially with the class rates going down. Koropchak was asked to look at
replacement eosts. espccially fi.)r the Springborg property. Parking in redevelopment will
be an issue that needs to be addressed and Koropchak added that the I-IRA may want to
authorize Steve Grittman to conduct a parking study.
Dan Frie asked Steve .!ohnson if he had spoken to any other property owners yet and he
stated he had. and that there were several people with interest. Johnson added that they
are looking for direction from the HRA. Brad Barger asked what their idea of a project
would be. and it seemt:d that they were on the same level as the HRA with the idea ofa
mixed used of businesses. something that was viable. \vith low enough rents so that
money can be made. Bill Fair asked about a larger business with smaller businesses
around it and Steve Johnson stated that would also be a possibility. He also stated that
tranic patterns on Iligl1\vay 25 and County Road 75 would compliment rather than
detriment. but that there are design issues. Johnson stated he would do some studies of
businesses that currently do not exist in that area and see if they would work at that
loeation. Would target the types of people they would want in that development. rather
than hoping for someone to come to them.
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IIR^ Minutcs - 03/06/02
Fair asked about redevelolJment downtown such as an idea of l!.oil1!.! out for RFPs from
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people interested in these projects. Dan Frie stated he did not think that with a town our
size there would be much interest. Heaton also advised that they are hesitant to go too far
with a project until they know what the I-IRA was looking tl.)r.
The consensus appeared to be that therc is interest in a project on the south side of the
block and that they should consolidate properties. They like the idea of a partnership for
owners versus absentee landlords. Barger advised that he feels the !-IRA nceds to secure
properties so there is a resource for a project and should look at that first. Frie stated that
he felt the Springborg property. and eVcn the Froslie property, had too high of an asking
price. Frie added that the HRA is interested in a project and would like Johnson and
Heaton to work on pursuing potential partncrs and work with a consultant. and then come
hack to the HRA.
6.
Consideration to discuss for acceptance the proposed HRA !!oals for 2002.
Koropchak advised that at the HRA meeting in February. it was suggested she run some
TIF numbers estimating the arnount of tax increment available from TI F Districts No.5
and 6. These two districts are not subject to pooling restrictions. She also reminded them
that TIF can no longer be used for recreational projects. In running the numbers and
beginning in payable 2002. the tax increment is reduced by about 40% due to the
c1assifieation rate reductions: however. the property tax remains stable due to the increase
in the local tax rate.
Koropchak advised that with the HRA's annual meeting scheduled for ^lxiL Rick
W 01 fsteller \vill provide an account of each district and those districts which have been
closed, It is important to recognize any anticipated TIF District shortfalls. Also, it is
important to pledge surplus tax increment dollars as a measure to secure those dollars as
legislators keep amending TIF Statutes and our dollars could he lost. She also authorizcd
Mark Ruff to run numbers on other TI F districts. She stated that surplus dollars from
Districts 5 and 6 would total $868.977 over the life of thc district. through 2013. and that
therc is also ahout $556,000 available for industrial land.
Bill Fair asked about acquiring industrial land and developing it. questioning if the HR^
has the rescnes tl.)r it or would that stop the HRA from pursuing othcr projects.
Koropehak adviscd that i I' the City could acquire land for $10.000 pcr acre. and there
were dollars frorn reserves to pay tl.W the land and market the land for $1 per acre. it could
crcate a TI F Dist for that amount of acreage and pay itself back for the land and install
infrastructure. but the City would have to buy the land at a reasonable price.
Fair asked that rather than heing a property o",mer. could the HRA \vork \\ith a developer
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liRA Minutes - 03/06/02
on providing help with infrastructure. Control of land cost is the key. Goals will be
discussed further at the April meeting.
Consideration of authorizilH!. pavment of Februarv HRA bills.
A MOTION WAS MADE BY BRAD BARGER TO AUTHORIZE PAYMENT OF THE
FEBRUARY HRA BILLS. STEVE ANDREWS SECONDED TIlE MOTION. Motion
carried unanimously.
8. Consideration of Executive Director's Report.
Koropchak providcd hcr report. adding that the local business wishing to expand was
looking at thc fall of 2003 and that she would be meeting with them again and had
provided them with a list of builders.
She also added that she had been in contact \vith Bob Esse and Brad Johnson regarding
the tanner Amoco site and that it is scheduled to be demolished by May 1. 2002.
The comprehensive plan \vill be discussed at the Planning Commissions April meeting.
Dan Frie added that Shari Harris had called and stated that they had hit a stumbling block
at this time. Duane Gates has accepted the offer on his property and they are still
working on the other two. Koropchak added that Sunny Fresh Foods/Cargill has agreed
to donate a certain amount of dollars since the amount has gone over the initial budget.
9.
Committee Reports. There were no reports.
10.
Othcr Business. None
11.
Adjournment.
A tvIOTION WAS MADE BY BRAD BARGER TO ADJOURN THE MEETING AT
9:15 PM. BILL FAIR SECONDED TIlE MOTION. Motion carried.
HRA Chair
Recorder
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MINUTES
SPECIAL MEETING OF THE MONTICELLO HOUSING AND REDEVELOPMENT
AUTHORITY
Tuesday, March 26, 2002 - 6:30 p.m.
West Prairie Conference Room - City Hall, 505 Walnut Street
COMMISSIONERS PRESENT:
Vice Chair Brad Bargl.:r. Steve Andrews. and Bill Fair and
Council Liaison Brian Stumpf.
COMMISSIONERS ABSENT:
Chair Dan Frie and Darrin Lahr.
STAFF PRESENT: Ollie Koropchak
GUEST:
Mike Cyr. Front Porch Associatcs
1. Call to Order.
Vice Chair Barger called the special HRA meeting to order at 6:30 p.m.
2.
Consideration to approve amendinu the Contract fIx Private Development amonu the
HRA. the Citv. and Front Porch Associates. LTD.
Koropchak informed the commissioners that at the HRA meeting of March 6, 2002. thc
commissionl.:rs approvl.:d authorization to enter into the Contract for Private Development
among the I-IRA. the City. and Front Porch. The motion included if the City is unable to
clear titk \vith Randy Ruff. thc liRA \-vill rcconsider the level ofTIF assistance. On
March 6. the HRA agreed to a total TIF assistance of $163,000 ($105,000 for the Grubb
parcel and $58,000 to\vard the vacated public streets.) The TIF assistance is the pay-as-
you-go finance method at an annual intercst rate of 7.25%. The semi-annual installments
shall commcnce August I, 2004 and are subject to certification that developer has paid
for land, no default has occurrl.:d, and a Certiticate of Completion have been issued for at
least 12 townhouscs. .The installments shall conclude February L 2020. Construction
shall commence l\lay I. 2002. with at least 6 townhouses completed by December 2002,
an additional 6 completed by December 2003, and an additional six completed by
Decembcr 2004, and the remaining 8 by December 2007. The minimum improvement
means square t(10tagc of approximately 1,320 sq ft main leve1living space at a initial
market value of $1-1-8.000. The developcr must provide financial commitment for
acquisition and construction costs and evidence of initial purchaser's income.
Mike Cyr revicwed the incrl.:ased costs to the project. Koropchak indicated W 0] fsteller.
O'Neill and Koropchak met and agreed to recommend increasing the amount ofTIF
assistance.
HRA Minutes - 3/26/02
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The HRA is asked to consider amending the Contract as folll)\\s: First. the City agreed
to reduce the acquisition price of the vacated public streets from $83,574 to $75.000.
Secondly. the level ofTIF assistance for the vacated public street increased from $58,000
to $75.000. The TIF assistance for the Grubb property remains the same at $105.000.
Lastly. TIF assistance is proposed to cover up to $27.700 of the sanitary sewer. \vater.
and storm sewer trunk fees and up to $12.300 for curb and gutter associated with the
development of the 18 units within the TIF district. The amendment increases the level
of pay-as-you-go TI F assistance from $ I 63.000 to $220.000. Commence and
completion construction dates remain as originally approved.
Koropchak continued: Given the TIF Cash Flow projects a tax increment of$221.181
NPV over 15 years, there is no need to extend the ending installment date. In other
words, the district will decertify in 15 years from date of first tax increment collected as
suggested by Ehlers and the HRA still retains the first 20% of the annual tax increment.
Secondly. the revised proforma includes the increased development costs and an
increased selling price from $164.900 to $169.900 per unit. The revised proforma shows
a rate of return of 8.5% with Tlf and 3.5% without TIF. The acceptable return for
housing development is between 7.5% and 100/r).
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The comn1issioners were updated on the action taken by the Planning Commission and
City Council the night before. The Planning Commission and Council approved the
development stage planned unit development and preliminary plat subject to the City
selling the vacated Vine Street to the devdoper. The Council approved establishing TIF
District No. 1-29 and authorized entering into the Contract for Private Development
between the lIRA, the City. and Front porch Associates subject to the City selling the
vacated Vine Street to the developer. Within the Contract the City agreed to vacate and
convey a portion of Vine. Seventh. and Minnesota Street. The Contcact requires title
insurance. The City is unable to guarantee clear title at this time and has started the
process of eviction for the encroachment on public property against Randy Ruff. The
process could take up ~o 6 to 8 months. Mr. Cyr informed the commissioners. Ron Ruff
would not extend the Purchase Agreement behind the scheduled closing date of March
29.2002. A meeting between Randy Ruff. Mike Cyr, Mayor Belsaas, and Wolfsteller is
scheduled for March 27 at 1 :00 p.m. to discuss and resolve the encroachment issue.
STEVE ANDREWS MADE A MOTION TO APPROVE AMENDING THE
CONTRACT FOR PRIVATE DEVELOPMENT AMONG THE HRA. THE CITY. AND
FRONT PORCll ASSOCIATES. L TO AS OUTLINED ABOVE. THE MOTION
SUBJECT TO THE CITY SELLING THE VACATED VINE STREET TO
DEVELOPER (YR. BILL FAIR SECONDED THE MOTION AND WITH NO
FURTHER DISCUSSION. THE MOTION PASSED UNANIMOUSLY.
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HRA Agenda - 4/3/02
Tabled _ Consideration to aporove authorization to enter into a Contraet for Private
Develooment among the HRA. the City. and Hans Ha2en Homes. Inc.
A. Reference and haekground:
The Contract for Private Redevelopment outlines the terms and conditions of T1F
assistance to the developer. Hans Hagen IIomes, Inc. (Hans Hagen). The Contract was
drafted by Dan Grecnsweig, Kcnnedy & Graven, and a copy provided to thc developer.
The HRA took the lead roll and acquired the parcels and demolished the structures. The
HRA agreed to prepare the site as a finished pad site. The City agreed to replace the
water/sewcr lines and street. and install 10 new stubs. Seventy-fivc percent of the
replacemcnt costs will be pay from the City general fund and the 25% divided between
tax increment and the city. The Developer agreed to pay $300.000 for the finished pad
site and construct 10 row townhouses at a combined estimated market value of at least
$1.9 million per an Assessment Agreement. Construction to commence by no later than
July 1.2002 and completion ofthelO units by July 1,2003. The developer must provide
financial commitment for acquisition and construction costs. With the selling price of
$300,000 and the tax increment from the project estimated at $170,000 N PV, the HRA
will finance the $130,000 gap from District No. 1-22 Surplus Funds. The City pledged
$35,000 for reimbursemcnt of the Carlson raw land appraised at $n,OOO with the
remaining balance from non-restrictive liRA funds. As you recall, the gap between the
acquisition/demolition costs and the reimbursement ofthc Carlson property will be
financed through District No. 1-22 Surplus Funds. The Council will be asked to approve
the Contract on April 8,2002, as the city became party to the agreement because ofthc
replacement of the street, water and sewer lines and the acquisition and development of
the green space. Additionally, the HRA agrced to purchase thc Carlson property and
removc the structures by August 31, 2002 and complete sodding by September 30, 2002.
The Developer will dedicate the Carlson property as park land via the platting process.
At the March HRA meeting, the commissioners voted to table this agenda item in order
fl)f the Planning Commission at the March 12 meeting to consider a sketch plan feedback
prior to application for a conditional use pcrmit to allow ground-floor residential unites in
thc CCC District. Also, the lIRA agreed that in the case of a default ofthc contract, the
case would be heard in a lawsuit as recommcnded by HRA Attorney Greenswcig and the
\-IRA and developer each agrce to pay their respective attorney fecs.
Planner Consultant Grittman had contacted Hans Hagen relative to the design prefercnce
of two-story f:'lmily townhouses and realignment of Front Street. The market indicated
thc need for cmpty-nester. higher end, one-story homes. Although some HRA members
expressed disappointment with the one-story design and empty-nester market, the
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Im~iority of the commissioners agreed the developer knows the market and the project
remains one of quality.
At the Planning Commission meeting of March 12, 2002. the commissioners
recommended suppOli of design concepts for a 1 O-unit town home project with the
condition that the conditional use request modifies the architecture to meet the minimum
height of the ordinance and that street reconstruction issues arc resolved to the
satisfaction of the City Engineer.
At the Planning Commission meeting scheduled f(x April 2, 2002, the commissioners
will consider approval of conditional use permit for a one-story townhouse project.
B. Alternative Action:
1. A motion to approve authorization to enter into the Contract for Private
Development among the I IRA, the City, and Hans I Iagen Ilomes, Inc.
2. A motion to deny authorization to enter into the Contract .............................
3. A motion to table any action.
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c.
Recommendation:
The project meets the goals of the I-IRA: redevelopment of substandard area, quality
finished product with all brick exterior, increased density, and a total minimum market
value of $1.9 million. Although the finished product does not include the two-story row
house look, the HRA has stated consistently they relied on the developer's marketing
expertise. It is important that the HRA feel good about any finished project which has
received public assistance. Assuming the Planning Commission approved the conditional
use permit, staff recommendation is Alternative No.1. The Council will be asked to
enter into Contract on April 8, 2002.
D. Supoorting Data.
Excerpts of the Contract.
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ARTICLE III
Acquisition of Property; Financial Assistance
Section 3.1. Acquisition and Conveyance of the Development Propertv. As of the date of
this Agreement. the Authority o\vns the Development Property. The Authority will. subject to all
the terms and conditions of this Agreement. convey the Development Property to the Developer for
$300.000.
Section 3.2. Conditions of.L\cquisition and Convevance: Purchase Price. (a) The Authority
shall convey title to and possession of the Development Property to the Developer by a deed
substantially in the form of the deed attached as Exhibit E to this Agreement (the "Deed'.). The
Authority's obligation to acquire and convey the Development Property is subject to satisfaction of
the follov,'"ing terms and conditions:
(i) the Developer haYing submitted to the Authority e\'idence of financing as
required under Section 7.1:
(ii) the Developer having submitted and the Authority having approved
Construction Plans for the l'vlinimum Improvements:
(iii) the Developer having revievved and approved title to the Development
Property as set forth in Section 3..+:
(iv) the Developer having executed and delivered to the Authority the
Assessment Agreement:
(v) the De\'eloper not being othervvise in default under this Agreement:
(vi) the Authority having complied \vith all statutory preconditions and hearings
required for the sale of the Development Property and the execution of this Agreement: and
(viii) the Developer having paid to the Authority $300.000.
The closing on conveyance of the Development Property from the Authority to the Developer shall
be on such date as the Developer and the Authority shall agree in writing, but in no case later than
2002 (the "Closinll Date").
(b) The purchase price to be paid to the Authority by the Developer in exchange for the
conveyance of the De\'elL)pment Property shall be $300.000 to be paid by the Developer to the
Authority at closing.
[)J(j.2(J7S9~\ ~
"IN 190-97
7
Section
Recordi nt!,
"' "'
-',~ ,
Place of De\'elopment Propert\' Docul1lL'nt Execution. Deli\'\.?r\'. and
.
(a) Unless otherwist' mutually agreed by the Authority and tht' Dt'veloper. the execution
and delivt'ry of all dt't'ds_ docul1lents. and tht' payment of any purchase prict' pert:lining to the
Development Property shall be made at the offices of the Authority.
(b) The Deed shall be in recordable form and shall be promptly recorded in the proper
office for the recordation of deeds and other instruments pertaining to the Development Property.
(c) The Developer shall pay on the Closing Date:
(i) The Developer's attorney's fees:
(ii) Recording fees or taxes for the Deed:
(iii) All costs and expenses of the related to the title insurance dt'scribed in
Section 3,.J.: and
(i\') Rt'al estate taxes due and payable in the year of closing prorated from the
Closing Date to the end on the year of closing.
(d) The Authority shall pay on the Closing Date:
(i)
Rt'cording fees or taws relating to mortgage or lien satisfaction:
.
(ij) Real estate taxes due and payable in the ~/ear of closing prorated to the
Closing Date:
(111) All assessments of record and all pending assessments_ except any taxes to
be le\"ied according to the terms of the Assessment Agreement. such taxes to remain the sole
responsibility of the Developerand its successors and assigns,
Section 3.4. Title. As soon as reasonably practical after the date of this Agreement. the
Authority shall obtain and pro\"ide Developer with a commitment for the issuance of a policy of title
insurance for the Development Property. The Developer shall have ten (10) days from the date of
its receipt of such commitment to review the state of title to the Dt'velopment Property and to
provide the Authority with a list of writtt'n objections to such title. Upon receipt of the Developer's
list of written objections. the Authority shall proceed in good faith and with all due diligence to
attempt to cure the objections made by the De\"eloper. Not earlier than eleven days following the
date the Authority shall ha\"e recei\'ed a commitment for the issuance of a policy of title insurance
for the De\-e1opment Property or. in the e\'ent the Developer shall ha\"e provided the Authority \\'ith
a list of written objections. \\'ithin ten (10) days after the date that all such objections ha\"i.~ been
cured to the reasonable satisfaction of tht' De\"eloper. the Authority and Developer shall proceed
\\ith tht' acquisition and l2Ol1\eyance of tht' De\'elopment Propt'11y pursuant to Sections 3.1 and 3.2
of this Agreement. In the e\ent that the Authority has failed to cure objections \\ithin sixty (60)
.
D.I(j.207X'1~\ 3
~INI9()-97
8
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days after its re,ceipt of the De\elopds list of such obj.::ctions. either the De\dopcr or the Authority
may by the gi\in~ ot' \\Titt~n notice to the other. terminate this A~reement. upun the receipt uf
\\hich this Agreement shall be null and \ oid and nL'ither party shall ha\e any liability hereunder.
ThL' .-\uthurity shall ha\ e no obligation to take any action to clear defects in the title to the
Dc\'dopment Property. other than the good faith efforts described above.
Section 3,), Soil Conditions. The Authority shall. prior to closing:. grade the Development
Property at the sole cost of the Authority according to the grading plan attached here to as Exhibit F
(the --Grading Plan"). The Authority shall provide the Developer with a soils engineer's report that
verifies the condition of the soil shall permit the Developer to construct all ten Townhouses and
install driveways. alleys. and side\valks without any cost to the Developer to correct soil conditions
on the Development Property, The Authority hereby represents and "varrants to the Developer that
the Authority has neither caused. permitted. or has any knowledge of any storage. disposal. or
dumping of hazardous substances on the Development Property in violation of federal or State la\v
and the Authority fUl1her agrees to indemnify the Developer. and its successors or assigns. including
all persons hereafter acquiring an o\vnership interest in any' part of the Dewlopment Property. from
and against any and all liability. loss. costs. damage and expense resulting from or due to the release
or threatL'ned release of hazardous substances. haz:lrl!l)us wastes. pollutants or contaminants \vhich
\\ere or are alleged to ha\'e been deposited. stored. disposed of. or pbced on the Dewlopment
Property by any person during the period in which the Authority had title to the Development
Property, This indemni fication shall be bi nding upon heirs. personal representati ves. successors and
assigns of the Authority,
Section 3,6, Pa\'ment of Administrative Costs. The Developer agrees that it will pay upon
demand by the Authority. Administrative Costs (as hereafter defined). For the purposes of this
Agreement. the term "Administrative Costs" means out-of-pocket costs incurred by the Authority
and attributable to or incurred in connection with the negotiation and preparation of this Agreement
,:llld other documents and agreements in connection with the development contemplated hereunder.
Out-of-pocket Administrative Costs shall be evidenced by in\'oices. statenlents. or other reasonable
\\Titten e\"idence of the costs incurred by the Authority. As of the date of this Agreement. the
De\'t?loper has deposited $:5.000 \\ith the Authority to be applied to\vard AdministrativeCosts, The
amount by \\hich this deposit exceeds the Authority's actual Administratiw Costs. if any. shall.
upon demand by the De\t'loper. be returned to the Dewloper. but no earlier than the date on which
the Dewloper receives a Certificate of Completion pursuant to Section 4.-+ of this Agreement.
Section 3,7, Construction of Improvements. (a) In order to make de\"elopment of the
l\linimum Impro\ements economically feasible. the City and the Authority will complete. at the
Authurity"s sole cost and expense. the following impro\"ements: (i) a project to upgrade. replace.
and othef\\ise impro\e the street. sewer. and water infrastructure ser\"ing the Development Property:
(iil demolition of an existing house and any other existing structures on the Carlson Property. such
dcml)lition to l)Ccur no later than August 31. 2002. and seeding and sodding of the Carlson Property
by no later than September 30. 2002. subject in both cases to receipt by the Authority of all
necessary apprO\als from the State Department of Natural Resources and any other agency with
pmperjurisdiction: tiiil construction of lOne" "ateI' and se\\'er stubs designed to serve the Parcels:
and ti\) conslructi\,n of one pad on each of the 10 Parcels. such pads designed to permit
cl)nstruction \)1' ~\ Tu\\nhouse therL'on and construction of such pads to he completed no later than
1).1< I~:\l- ~q ~ \.:.
9
"-1:\ 1<)11-'1"
.1001.
(b) lhe A.uthority and the City agree \\-ith each other. and Il.)!" the bendit of no other
person. including but not limited to the Den:loper. and subjl..'ct to the right of the City and the
Authority to otherwise pay for any such items out ofany funds lawfully available for such purposes.
that the ikms described in Section 3, 7(a) shall be paid for as follo\\s:
.
(i) Twehe and one-half percent of the street. sewer. and \vater inti-astructure
replacement costs shall be paid for by the Authority with Tax Increment. or \vith tax
increment generated by other property within the TIF District to the extent that such tax
increment is not otherwise committed:
(ii) Twelve and one-half percent of the street. se\\.er. and water infrastructure
replacement costs shall be assessed by the City against the Carlson Property:
(iii) Seventy-five percent of the street. sewer. and water infrastructure
replacement costs shall be paid for by the City out of its general funds or out of any other
City which may be lawfully used for this purpose:
(iv) Demolition of existine: structures on the Carlson Property. site cleaning of
the Parcels. construction of the 10 water and sewer stubs. construction of the 10 Townhouse
pads. and grading the balance of the Development Property according to the Grading Plan.
"'viiI all be paid by the A.uthority with Tax Increment. or with tax increment generated by
other property \\-ithin the TIF District to the extent that such tax increment is not otherwise .
committed: and
(v) Twenty-four thousand six hundred dollars ($14.600) of sewer and water
hook-up and trail fees will be paid by the Authority with Tax Increment. or with tax
increment generated by other pro pert)' within the TIF District to the extent that such tax
increment is not otherwise committed. with any remaining such fees that would othenvise
be due forgiven by the City.
(c) The City and the Authority further agree that the City shall reimburse the Authority
for $35.000 of the $78.000 appraised value of the land portion of the Carlson Property. such
reimbursement to be made out of unrestricted City funds and to be paid within 10 Jays of the date of
this Agreement. with the Authority paying the remaining $-1-3.000 of such purchase price our of
unrestricted Authority funds.
Section3.8. Business Subsidv Agreement. The Business Subsidy Act does not apply to this
Agreement because the assistance being provided hereunder is to promote housing opportunities
within the City.
Section 3.9, Use of Tax Increment. Except as set forth herein. the Amhorit\- shall hme no
~ .
obligation to the Dneloper \\'ith regard to its use of Tax Increment and may use Tax Increment for
any la\\'ful purposes. \\hether set forth herein or othenvise.
OJG.~()i~lJ~\ _;
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10
ARTICLE IV
Construction of \Iinilllullll!!!l)l'o\cm~.!1ts
Section 4.1. Construction of Impro\'t~ments, The De\'elopcr agrees that it \vill construct the
t'vlinimull1 [mpn)\'cll1ents on the Den:lopll1ent Property in accordance \\ith the approved
Construction Plans and at all times during the term of this Agreement. \\i II opcrate and maintain,
presene and keep the :Vlinimum ImprO\ements or cause such improvements to be maintained.
preserved and kept \\ith the appurtenances and every part and parcel thereof. in good repair and
conditiun during the term of ownership by the Developer. The Authority shall not have any
obligation to operate or maintain the Minimum Improvements.
Section 4.2. Construction Plans. (a) Before commencement of construction of the
Minimum Improvements. the Developer shall submit to the Authority Construction Plans. The
Construction Plans shall prO\ick for the construction of the Minimum Impnn'ements and shall be in
conformity \vith the Redevelopment Plan. this Agreement. and all applicable State and localla\\s
and regulations. The .\uthority \\ill apprO\e the Construction Plans in \\Titing if: (i) the
Construction Plans conform to the terms and conditions of this :'-\greement: (ii) the Construction
Plans cnnll)rm tl) the goals and objectives of the Redevelopment Plan: (iii) the Construction Plans
conform to all applicable federal. state and local laws. ordinances. rules and regulations: (i\) the
Construction Plans ;}re adequate to provide for construction of the :Vlinimum lmpnl\ements: (v) the
Construction Plans do not pro\'ide for expenditures in excess of the funds a\ailablc to the Developer
ti'om all sources for construction of the l'vI inimum Improvements: and (\'i) no E \'cnt of Default has
occurred. AppnJ\'al may be based upon a rc\'ie\v by the City's Building Official of the Construction
Pbns. :">il) appro\-al by the Authority shall relieve the Developer of the obligation to comply with
the terms of this Agreement or of the Redevelopment Plan. applicable federal. state and localla\vs.
ordinances. rules and regulations. or to construct the Minimum Improvements in accordance
therewith. No apprO\al by the Authority shall constitute a waiver of an E\'ent of Default. If
approval of the Construction Plans is requeskd by the Dewloper in \\Titing at the time of
submission. such Cl1l1struction Plans shall be deemed approwd unless rejected in \\Titing by the
Authority. in \\hole or in part. Such rejections shall set forth in detail the reasons therefore. and
shall be made \\ithin 10 days after the date of their receipt by the Authority. [r the Authority rejects
any Construction Plans in whole or in part. the De\eloper shall submit new or corrected
Construction Pbns \\ithin 10 days after written notification to the Developer of the rejection. The
pro\isions o1'this Section relating to approval. rejection and resubmission of corrected Construction
Plans shall continue to apply until the Construction Plans have been approwd by the Authority.
The Authl)rity' s appro\-;}I shall not be unreasonably \"ithheld. Said appro\'al shall constitute a
conclusi\e determination that the Construction Plans (and the l'vlinimulTI Improvements constructed
in accordance \\ith said plans) comply to the Autlll)rity's satist~lction \\ith the pro\'isions of this
Agreement relating tkreto.
(b) If the De\-eloperdesires to make any 7'vlatcrial change in the Construction Plans after
their appnnal by the .-\uthority. other than options normally offered to oy the De\l;loper to
purch~lsers l)f a w\\nlwuse \vith respect to the intl'riorof any To\\nhouse. \\ hich such options can be
oflcrL'd and implemented \\ithl)llt regard tn this Scctinn 4,2(b). the De\L'luper sh~lIl suomit the
DI( ;.:Ii-Sq'I_;
:'\I~ li.lll~,I"7
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proposed ch~lI1ge to the Authurity for it::; apprO\ul. I f the Constructil1l1 Plans. as mncli tied by the:
prnposed ch~lI1ge. c()nfnrm to the n..:quirel11ents uC this Section 4,: ul' this ,-\greCl11ent \\ith rcspect to
such prc\il)usly apprp\eJ CpnstruClion Plans. thc Authority shall appm\c the proposed ch~ll1ge and
noti!': the De\el()per in \\riting of its appnl\'al. Such change in the Cnnstruction Plans shall. in any
e\ent. be deemed approved by the Authority unless rejected. in \\hple or in part. by \\Titten notice
by the Authori ty to the De\e lopeI'. setting llwth in detui I the reasons therefor. Such rej ectil)n shall
be made \vithin ten ( 10) days after receipt of the notice of such change. The Authority's approval of
any such change in the Construction Plans will not be unreasonably \vithheld.
Section .f,3, Commencement and Completion of Construction. Subject to Unavoidable
Delays. the Developer shall commence construction of the Minimum I mprovements by the later of
July 1.200:2 or 10 days follo\ving the Closing Date. Subject to Lnavoidable Delays. the Developer
shall complete the construction of \,linil1lul11 Impro\'ements by July 1.2003, All work \\ith respect
to the Minimum Impro\'ements to be: constructed or provided by the: Developer on the De\elopment
Property shall be in confornlity \\-ith the Construction Plans as submitted by the Dewloper and
approved by the Authority.
The Dc\cloper <1grees tlll' i tsel 1'. its successors and <1ssigns. and every successor in i nkrest to
the Dewlopment Property. or any part thereof. th<1t the De\'e]oper. and such successors and assigns.
shall promptly begin and diligently prosecute to completion the de\elopment of the Development
Propeny through the construction of the Minimum ImprO\ements thereon. and that such
construction shall in <1ny e\-ent be commenced and completed \\-ithin the period specitied in this
Section 4.3 of this Agreement. The obligation to construct the Minimum lmprcl\ements in
accordance \\ith this Section touches and concerns the land. and shall run \\ith the Development
Property and be binding upon all successors and assigns to the De\elopment Propeny. After the
date of this Agreement and until construction of the f'vlinimum Imprl)\'ements has been completed.
the Developer shall make reports. in such detail and at such times as may reasonably be requested
by the Authori ty. as to the actual progress 0 r the Dewlopcr with respect to such construction.
Section 4A. Certiticate of Completion, (a) Promptly after completion of tht: f'vlinimum
Improwments in accordance with those provisions of the Agreement relating solely to the
obligations of the Dewlopcr to construct the Minimum Impro\'ements (including the dates for
beginning und completion thereon. the Authurity Representative \vill furnish the De\eloper with a
Certiticate sho\vn as Exhibit B, Such certification and such determination shall not constitute
evidence of compliance \\ith or satisfaction of any obligation of the Dewloper to any Holder of a
lvlortgage. or any insurer of a i\lortgage. securing money loaned to tin<1nce the tvlinimum
Improyements. or any p;}l"t thereof.
(b) Promptly after completion of each Townhouse in accordance \vith those pro\'isiol1s
of the Agreement rdming solely to the obligations of the Deyeloper to construct that To\\nhouse
(inclUding the dates ll)r beginning and cl)mpletion thereof). the Authority Representati\'e \\'iIl
furnish the De\e1uper \\ith a Certiticate sho\\l1 as Exhibit C. Such certitic<1tion and sllch
determination shall not constitute e\idence of compliance \\ith or satisbction of any obligation of
the De\eluper w any Holder of a ivlortgage. ur any insllrer of a :'vlortgage. securing money loaned to
finance the \linimum Impn)\ements.or any part thereof.
DH,.:1I7XQ>1 _~
"1"- I ()1I-\)7
13
(c) If the Authority shall refuse or fail to prO\ide any cenitication in accordance \vith
tbe prO\isions of this Section -I-.-l- 0 f this Agreement. the Authority shall. within thirty (30) days after .
written request by the Developer. pro\'ide the De\eloper with a \Hitten statement. indicating in
adequate detail in what respects the De\eloper has failed to complete the rVlinimum Improvements
in accordance with the provisions of the Agreement. or is othenvise in default. and what measures
or acts it will be necessary. in the opinion of the Authority. for the Developerto take or perform in
order to obtain such certitication.
(d) The construction of any Townhouse shall be deemed to be complete upon issuance
of a certificate of occupancy for that Townhouse. The construction of the Minimum Improvements
shall be deemed to be complete upon the issuance of certificates of occupancy for a1l 10 of the
Townhouses constituting the Minimum Improvements.
Section 4.5. Plat. Prior to commencement of construction of the I'vlinimum Improvements.
and as a condition precedent to the obligations of the City and the Authority hereunder. the
Developer and the City will enter into a developer's agreement (the "Developer's Agreement")
pursuant to \vhich the Developer will make certain representations in exchange for the City's
approval of a plat consisting of the Development Agreement. such agreement to be in such form as
the City and the Developer mutua1ly agree. but in any case containing sLlch terms as are customary
for developer's agreements entered into by tbe City. including but not limited to the dedication of
the Carlson Property as park land. The Developer shall perform its obligations under the
Developer's Agreement.
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D.I< i,~(),X')5,;
r,INI')().97
1-1-
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ARTICLE V
I nsurancc and Condemnation
Section 5,1, Insurance. (a) The Developer will pro\ide :.lI1d maintain at all times during the
process of constructing the Minimum Improvements an All Risk Broad Form Basis Insurance
Policy and. from time to time during that period. at the request of the Authority. furnish the
Authority \\ith proof of payment of premiums on policies covering the follo\\ing:
(i) Builder's risk insurance. written on the so-called nBuilder's Risk --
Completed Value Basis:' in an amount equal to one hundred percent (100%) of the
insurable \'alue 0 l' the rvI ini mum I mprO\ements at the date of completion. and \\ith coverage
available in nonn:porting form on the so-called "all risk" fC)fl11 of policy, The interest of the
Authority shall be protected in accordance \\'ith a clause in form and content satisfactory to
the A uthori ty:
(ii) C omprehensi \'e general [iabi I i ty insurance (i nc luding oper.::ltions. contingent
liability. operations of subcontractors. complctt'd opt'rations and contractual liability
insurance) together with an Owner's Contractor's Policy with limits against bodily injury
and property damage of not less than $1.000.000 for each occulwnce (to accomplish the
above-required limits. an umbrella excess liability policy may be uSe'd): and
( i i i)
Workers' compensation insurance. with statutory CO\'i:rage,
(b) Upon completion of construction of the Minimum ImprO\'ements and prior to the
Termination Date. the Devt'lopt'r shall maintain. or cause to be maintained. at its cost and expense.
and from time to time at the request ot"the Authority shall furnish proof of the payment of premiums
on. insurance as folk1\\s:
(i)
a policy or
businesses:
Insurance against loss and/or damage to the Minimum Improvements under
policies cO\'t'ring such risks as are ordinarily insured against by similar
(ii) Comprehensiw general public liability insurance. including personal injury
liability (\\ith employee exclusion deleted), against liability for injurit's to persons and/or
property, in the minimum amount for each occurrence and for each ye.::lr of $1.000.000, and
shall bt:: t'ndorst:d to shO\\' the;' Authority as additional insured: and
(III) Such other insurance. including \yorkers' compensation insurance respecting
all employees of the' De;'wlopt'r. in such amount as is customurily c::mied by like
organizatiuns engaged in like activitks of comparable size and liability exposure: provided
that the Dc\'clopermay. ifpcrmilted by 1.1\\, be self-insured \vith rt'spect to all or any pun of
its liability flJr \\orkers' (ompt'nsatil)I1.
(()
All insuranL'c n:quircd in .-\rticlc V of this Agreement shall be taken out and
OJ( i-2117X<):'\ ,1
\ 11\ I ()().<i7
IS
maintaincd in responsiblc insurance companies selecteu by the Developer which are authorized
umkr the la\\s 01' the Statc to assume the risks co\cred thereby. l'pon request. the De\'eloper \vill .
deposit annually \\ith th~' Authority policies e\'ilkncing all such insurance. or a certiticate or
ceniticLllcs or binders of the rcspecti\'e insurers stating that such insurance is in force and effect.
l'nkss otheJ"\\ise IXO\'idcd in this Article V of this .-\greement. each policy shall contain a pro\ision
that the insurer shall not cancel nor modify it in such a \\ay as to reduce the cO\'erage pro\ided
belo\\ the amounts required herein without giving written notice to the Developer and the Authority
at least thirty (30) days before the cancellation or moditication becomes etlective. In lieu of
separate policies. the Developer may maintain a single policy. blanket or umbrella policies. or a
combination thereof. having the coverage required herein. in which event the Developer shall
deposit \\ith the Authority a certificate or certiticates of the respective insurers as to the amount of
coverage in force upon the Minimum Improvements.
(d) The Developer agrees to notify the Authority immediately in the case of damage
exceeding $100.000 in amount to. or destruction of. the ivlinimum Improvements or any portion
thereof resulting from tire or other casualty. In such event the Developer either \vill forthwith
repair. reconstruct. and restore the Minimum Improvements to substantially the same or an
impron-:d condition or \'alue as it existed prior to the event causing such damage and. to the extent
necessary to accomplish such repair. reconstruction. and restoration, the Developer will apply the
Net Proceeds of any insurance relating to such damage recei\ed by the Developerto the payment or
reimbursement of the costs thereof
The Developer shall complete the repair, reconstruction. and restoration of the tvlinimum
Impro\ements, whether or not the Net Proceeds of insurance received by the Developer for such .'
purposes are sufticient to pay for the same. Any Net Proceeds remaining after completion of such
repairs. construction and restoration shall be the property of the Developer.
(e) The Developer and the Authority agree that all of the insurance provisions set forth
in this A.rticle V shall terminate upon the Termination Date.
.
DH ,-~(l7S\)~\ ,\
\ I" 19(1-'17
16
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ARTICLE \'1
Tax Increment; Taxes
Section 6.1. Ri!.!ht to Collect Dt:linquent Ta.':es. The Dt:wloper ackno\\kdges that the
Authority is prll\iding substantial aid and assistance in funher:mce of the de\elopment. The
Developer understands that the tax increment intended to pay expenses of the Authority and the
Developer are Jeri\ed from real estate taxes on the Development Property. \\hich taxes must be
promptly and timely paid. To that end. the Developer agrees for itself. in addition to the obligation
pursuant to statute to pay real estate taxes. that it is also obligated by reason of this Agreement to
pay before delinquency all real estate taxes assessed against the Dndopment Property and the
Minimum ImprO\emenrs during the period the Developer o\\ns the De\e1opment Property. The
Developer acknowledges that this obligation creates a contractual right on bel1J.lfofthe Authority to
sue the Developer to collect delinquent real estate taxes and any penalty or interest thereon to the
extent that such taxes. penalty. or interest are assessed or accrue during the period that the
Developer o\\ns the Development Property. and to pay o\er the same as a tax payment to the
county auditor. [n any such suit. the Authority shall also be entitled to reClner its costs. expenses.
and attorney fees.
Section 6.2. Reduction of Taxes. The Developer agrees that prior to the T erminution Date:
(I) it \\ill not seek administrative review or judicial revie\\ of the applicability of any tax statute
determined by any Tax Official to be applicable to the l'vlinimum lmpro\ements. the Development
Property. or the Deve[oper. or raise the inapplicability of any such tax statute as a defense in :l11Y
proceedings. including delinquent tax proceedings: (2) it will not sed,: administrati\'e review or
judicial re\'ie\\ of the constitutionality of any tax statute determined by any Tax Official to be
applicable to the ivlinimum Improvements. the Development Property or the Developer or raise the
unconstitutionalityof any such tax statute as a defense in any proceedings. including delinquent tax
proceedi ngs: (~ ) it \\'i I] not cause a reduction in the Mini mum Market Val ue (as defint'd in Section
6.3) paid in respect of the De\'l;~lopment Property through: (A) willful destruction of the l'vlinimum
I mpro\'ements. or ':lI1Y part therco f: (B) wi II ful refusal to reconstruct damaged or destroyed property
pursuant W Section 5. [ of this Agreement. except as provided in Section 5.1 (e) of this Agreement:
(C) a request to the assessor to reduce the l'vlinimutn Market Value of all or any portion of the
Development Property: (D) a petition to the board of equalization of the County to reduce the
Minimum \Iarket Value of all or any portion of the Development Property': (E) a petition to the
board of c-:qualization of the State or the Commissioner of Re\'enuc of the State to reduce the
Minimum \;Iarkd Value of all or any portion of the Development Propcrty: (F) an action in a
district court of the St::lte or the ta.': court of the Stat.: pursmnt to l'vlinnesota Statutes. Chapter 278.
secking a reduction in the ivlinimum Market Value of the Dewlopment Property: (G) an application
to the Commissioner of Re\enuc of the State requesting an abatemcnt of real property taxes
pursuant tl) \1 innesota Statutes. Chapter 270: (H) any other proceedings. \\hether administratiw.
legal or equitable. \\ith any administratiw body \\ithin the County or the State or \\ith any court of
the State lW the federal gowrnmenr: or (I) a transfer of the D(\elopment Property. or any part
thc::reof. to an entity exempt from the payment of rt'al pruperty taxes under State la\\'. The
De\ell)per ::;\1.:111 not. prior to the Termination Date. apply It)]' a cki'crral or abatement ofpropeny tax
on the De\elnpment PI\)peny pursuant to any Ia\\. regulation. or ordinanc(,
1).1( ;,:II-S'l<'.;
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17
Section 6.3. Assessment Allreement. (a) Prior to or concurrently with execution of this .
Agreement. the Developer shall. \vith the Authority. execute an Assessment Agreement pursuant to
I\.linnesota Statutes. Section 469.177. subd. 8. specifying an assessor's minimum market value (the
"Minimum tvlarket Value") for each of the Parcels. and all improvements thereon. The combined
amount of the Minimum Market Values for the Parcels and the Townhouses thereon shall be
$1.900.000 as of January 2. 2003 notwithstanding the progress of construction of the Minimum
Improvements by such date.
(b) Each Assessment Agreement shall be substantially in the form attached hereto as
Exhibit D. Nothing in the Assessment Agreement shall limit the discretion of the assessor to assign
a market value to the Development Property in excess of the Minimum Market Value. The
Assessment Agreement shall remain in force until the Termination Date.
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D.lCi.20iX<)~, 3
I\IN I<)O~lJ7
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HRA Agenda - 4/3/02
5.
Consideration of follow-un bv Steve Johnson for potential redevelopment within
Block 52.
A. Reference and background:
At the March HRA mccting. memhcrs hcard a recap ofthc individualmectings held with
Froslic, Springhorg. Johnson. and Ileaton. The cash buyouts for Froslic and Springhorg
appcared high; however. Koropchak was to investigate replacemcnt costs for Springborg.
Johnson and J-Icaton expresscd an interest to dcvclop a partnership for redevelopmcnt of
the southerly portion of Block 52 in two phases. The I IRA was interested in the project
and requested Johnson and Heaton work on pursuing potential partners and a consultant.
and comc back to the II RA.
In thc mcantime. Koropchak to look at replacement costs for Springborg and a site.
Financial Consultant Ruff to prcparc TIF Cash Flows for Downtown '1'1 F District No. 1-
22. Based on the cash flows and unspcnt dollars ofthc $2 million temporary bond issued.
the HRA should consider the best use of the dollars given the deadline of August 1.2004.
In other words, how much new tax increment is nccessary? Remembcr after June 30,
2002 (5-year rule), projects must use the up-hont financing method or 250;() per year of
the tax increment can hc used as pay-as-you-go method. The pooling limitation fl.)!" a
redevelopment district is 25% which includes 10% for administration resulting in 15%
per year for pay-as-you-go.
Estimated development costs for two industrial projccts completed in 2001 were: 10,000
sq n steel huilding for production and oHlce space on 2 acres, $565,000. A second
10.000 sq ft metal building warehousing, production and office space on 1.35 acres,
$450,000. Somc time ago, I had Tom Feaski ofTriCon prepare estimated replacement
costs for Springborg's 4,000 sq n hlock building and I believe the cost was around
$300,000. Springhorg requested a cash buyout at $350,000. Perhaps a cash huyout
offer of $200,000 to $250,000 with right to remain in building for 2~ 3 years. Investing
$200,000 at 6% for 3 years is an additional $36,000, with rent f()l- $1.00 plus utilities.
Minn Statutes do not require the HRA to ohtain an appraisal, it is sometimes
recommcnded by HRA consultants to insure purchase at a fair market value. I did check
with the Public Works Department relative to city owned land across from Public Works.
Thcir intent is to fully utilize the land. Property in thc industrial park is ovcr $65.000 per
acre plus trunk fces and on-sitc ponding.
I did talk to Froslie after the HRA meeting in March. She was disappointed the HRA was
interested in working with two property owners willing to partner and rc-invest rather
than consider her cash buy-out offer of $675,000.
HRA Agenda - 4/3/02
.
After hearing hom Steve Johnson and items 8 and 9 on the agenda, the I-IRA should
consider Block 52 as part of their goal settings.
.
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2
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liRA Agenda - 4/3/02
6.
Consideration to approve the election of HRA officers for 2002 and a(lflrove the
anpointment of commissioners to committees.
A. Reference and background:
OFFICERS
In aceordanee with the liRA Bylaws, the ehair and vice~chair shall be elected at the
annual meeting of the Hoard of Commissioners from among the Commissioners of the
Authority and shall hold office for one year or until their successors are elected and
qual i fied. The Secretary-Treasurer shall be appoi nted at the annualmeeti ng of the Board
of Commissioners by the Commissioners.
At the annual meeting in 1998, the commissioners discussed available time to volunteer
and agreed to rotate the liRA officers among the commissioners suggesting the Vice-
Chair move up to Chair. So being, the Vice Chair fCll' 2001 was Hrad Barger, therefore,
Brad's name moves up to Chair for 2002. The next in-line for Vice Chair is Steve
Andrews.
Following is a list of names of the previous HRA Chairs and year served:
hie
Lahr
Murray
Andrews
Barger
2001
2000
1999
1998
1997
Rick W olfsteller serves as the Secretary-Treasurer and delegates the recording of minutes
to Lori Kreamer. Koropchak is employed as the Executive Director and serves as
assistant to the Secretary-Treasurer.
COMMITTEES
The HRA, annually or as need be, appoints a commissioner(s) to various committees.
The only committee with By-Laws is the Mer, the others are established for a specific
research or purpose. Although the MCr current status is inactive, the Mer Bylaws read
the various city eomll1issions annually appoint their representative to the MCP Board of
Directors. I,ength of term is three years. Andrews was appointed a second three-year
term beginning February 200 I ending February 2004.
The Community Center Advisory Board now operates as an Ordinance of the City and
liRA Agenda - 4/3/02
.
the nlcmbers are appointed by the City eouncil. Membership guidelines do not require
an I IRA comlnissioner; although, the !-IRA sold the bonds to finance the center. Bob
Murray is a member of the Advisory Board.
Current committees and appointees:
Steve Andrews - MCr
Marketing - Dan-in Lahr/Brad Barger
B. Alternative Action:
OFFICERS
1. A motion to nominate and elect as Chair and
as Vice Chair of the HRA for year 2002, and approve the appointment of Rick
Wolfsteller as Secretary-'Treasurer for 2002.
2. A motion to table any action.
COMMI"TTEES
.
1.
A motion to approve the appointment of the following commissioners:
Mcr
Marketing
C. Recommendation:
No recommendation given.
D. Supporting Data:
None.
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2
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HRA Agenda - 4/3/02
7.
Consideration to review for amendine: the HRA Business Subsidy Criteria and the
HRA Bv laws.
A. Referenee and backeround:
This is an annual housekeeping item. Attached is a copy of the Business Subsidy Criteria
and Bylaws for the liRA. Please take time to review for any proposed changes or
discussion.
Also attached is a summary of the TIF Process and Application. Some communities
require more information as part of the application process. They request three years of
financial statements and require a certain percentage of equity. Is the Monticello
application process to loose for TTF assistance?
.
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MONTICELLO
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MONTICELLO, MINNESOTA
Business Subsidy Criteria
Public Hcaring and Adoption the ~ day of Seotember, 1999.
Public Hearing and Adoption of Amcndments the 4lh day of October, 2000.
1. PURPOSE
1 :01 The purpose of this document is to establish the I-lousing and Redevelopment Authority's
criteria for granting of business subsidies. as defined in Minnesota Statutes 116J.993.
Subdivision 3. for private development. This criteria shall be used as a guide in
processing and reviewing applications requesting business subsidies.
1 :02 Thc criteria set forth in this document are guidelines only. The IIousing and
Rcdevelopment Authority reserves the right in its discretion to approve busincss subsides
that vary from the criteria stated hcrein if thc Housing and Redevelopment Authority
determines that the subsidy nevertheless serves a public purpose. The Authority will file
evidence of any deviation from these criteria with the Department of Trade and Economic
Development in accordance with Minnesota Statucs. Section 116J. 994. Subd. Z.
1 :03 The Housing and Rcdevelopment Authority may amend the husiness subsidy criteria at
any time. Amendmcnts to these criteria are subject to public hearing requircments
pursuant to Minnesota Statutes. Sections 116J. 993 through 116J. 994.
2. STArUTORY LIMITATIONS
2:01 In accordance 'vvith the Business Subsidy Criteria. Business Suhsidy requests must
comply with applicable State Statutcs. The Housing and Redevelopment Authority
ability to grant business subsidies is governed by the limitations established in Minnesota
Statutes 116J.993 through 116J.994.
Monticello City Hall, 505 Walnut Street, Suite I, Monticello, MN 55362-8831 . (763) 295-2711 . Fax: (763) 295A404
Office of Public Works, 909 Golf Course Rd., Monticello, MN 55362 . (763) 295-3170' Fax: (763) 271-3272
HRA Business Subsidy Criteria
.
"'I
.J.
PUBLIC POLICY REQUIREMENT
3:01 All business subsidies must meet a public purpose in addition to inereasing the tax base.
Job retention may only be used as a public purpose in cases where job loss is imminent
and demonstrable.
4. BUSINESS SUBSIDY APPROVAL CRITERIA
4:01 All new projects approved by the Housing and Redevelopment Authority should meet the
following minimum approval criteria. However. it should not be presumed that a project
meeting these criteria will automatically be approved. Meeting these criteria creates no
contractual rights on the part of any potential developer or the Housing and
Redevelopment Authority.
4:02 The project must be in accord with the Comprehensive Plan and Zoning Ordinances. or
required changes to the plan and ordinances must be under active consideration hy the
City at the time of approval.
4:03 Business suhsidies will not be provided to projects that have the financial feasihility to
proceed without the benefit of the subsidy. In effect. business subsidies will not be
. provided solely to broaden a developer's profit margins on a project.
4:04 Prior to approval of a business subsidies financing plan and when deemed appropriate by
the Housing and Redevelopment Authority. the developer shall provide any required
market and financial feasibility studies. appraisals. soil horing. information provided to
private lenders for the project. and other information or data as requested.
4:05 A recipient of a business subsidy must make a commitment to continue operations at the
site where the subsidy is used for at least five years after the benefit date.
4:06 The Housing and Redevelopment Authority may determine after a public hearing that job
creation or retention is not a goal of the subsidy. In those cases. the recipient must
instead meet at least one of the following minimum requirements (in addition to all other
criteria in this document olher them those relating to johs and minimum wages):
(1) The proposed suhsidy must accomplish removaL rehabilitation or
redevelopment of ""blighted areas" as detined in Minnesota Statues. Section 469.002.
Suhd. J I. or must constitute a cost of correcting conditions that allow designation of
redevelopment districts under Minnesota Statutes. Sections 469.174 to 469.179: or
.
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HRA. Business Subsidy Criteria
(2) The proposed subsidy must result in improvements to public infrastructure or
public facilities, including without limitation. sewers, storm sewers, streets. parks,
recreational facilities, and other City facilities; or
(3) The proposed subsidy must remove physical impediments to development of
land, including without limitation poor soils. bedrock conditions, steep slopes, or similar
geotechnical problems.
4:07 For any business subsidy that does not meet the requirements of Section 4:06. the
recipient must create or retain jobs as determined by the Housing and Redevelopment
Authority. and must meet the minimum wage thresholds described in Section 5:03 C or D
(whether or not the source of the subsidy is tax increment financing).
5. TAX INCREMENT PROJECT EV ALUA TION CRITERIA
5:01 The Housing and Redevelopment Authority will utilize Tax Increment Financing to
SUPPOl1 the community's long-term economic. redevelopment and housing goals.
5:02 Each Tax Increment Financing subsidy will bc analyzed and evaluatcd by the Housing
and Redevelopment Authority. Each projcct shall be measured against the general
criteria in Sections I through 6 and the specific criteria in this Section 5 applicable to tax
incrcment financing business subsidies.
5:03 Following are the evaluation criteria that will be used by the IIousing and Redevelopment
Authority.
A. All business subsidy requests shall meet the "but for" test. The "but for" test
means that the project would not develop solely on private investment in the
reasonable future. The developer shall provide findings for the "but for" test.
B. Business subsidy rcquests should create the highcst feasible number of jobs on
site from date of occupancy where deemed appropriate.
C. For m<.1l1uL1cturing and warehousing business subsidy requests. at least 90% of the
jobs created must pay a wage of the higher of $9.00 per hour. or at least 160% of
the federal minimum wage requirement f()r individuals over the age of 20.
Annual written reports are required until termination date. Failure to meet the job
and wage level goals require partial or full repayment of the assistance vvith
interest.
D.
For other business subsidy requests. jobs created must meet as a minimum the
federal minimum \vage requirement. Annual written reports arc required until
termination datc. Failure to meet the job and wage level goals require partial or
"'I
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E.
F.
G.
.
HRA Business Subsidy Criteria
full repayment of the assistanee with interest.
All business subsidy requests should create the highest possible ratio of property
taxes paid before and after redevelopment.
Business subsidy requests should facilitate redevelopment or elimination of
"substandard"' or "blighted" areas where dcemed appropriate.
Business subsidy requests should facilitate the "clean-up" of environmentally
unsound property wherc deemed appropriate.
H.
Business subsidy requests should increase moderate priced housing options for
area residents where deemed appropriate.
I.
All business subsidy requests should be deemed to promote additional desired
"spin-otr development.
1.
All business subsidy requests should demonstrate "community involvement"
including demonstrated degrees of thc various factors:
a) Local residency of the company's owners and employees, or
b) Local residency of the contractors involved in the project. or
c) Membership in local business organizations. or
d) Other similar factors.
6. PROCEDURES
.
*
Meet with appropriate Staff to discuss the scope of the project. public
participation being required, and other information as may be necessary.
*
The request shall be reviewed by Statl on a preliminary basis as to the feasibility
of the project.
*
The project concept shall be placed on the Housing and Redevelopment Authority
agenda for concept revicw. The applicant will make a presentation of the project.
Staff will present its findings.
*
If the Housing and Redevelopment Authority's concept review is positive, Staff
will provide the City Council with an informational concept review.
*
The applicant will exccute and submit the Preliminary Development Agrecment
accompanied by a non-refundable fee of $5.000.
*
Building and site plans submitted to the Chief Building Official.
4
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HRA Business Subsidy Criteria
*
If Planning and Zoning Commission action is required. it will be necessary for the
applicant. at this time, to make application to the Commission.
*
Staff will authorize the following steps:
_ Preparation for establishment of the Tax Increment Finance District and the Tax
Increment Financing Plan if required.
_ Preparation of the Private Redevelopment Contract (Subsidy Agreement) based
upon agreed terms.
*
When action is required tl)f the Tax Increment Finance Plan, Private
Redevelopment Contract. or Zoning/Ordinance; the Housing and Redevelopment
Authority, Commission, and City Council shall take appropriate action such as
public hearings and consideration of approvals.
*
Building permit issued after the Tax Increment Finance District and Plan is
approved by City Council. the Private Redevelopment Contract is executed by the
developer and the Housing and Redevelopment Authority, and the Building
Permit Fees are paid.
Eligible Tax Increment Finance expenditures: [and acquisition, site improvements. public
improvements. and demolition and relocation costs.
Tax Increment Finance time: Generall.v six to eight weeksfi'om time (?f'authorbllion 10 begin
drC(/fing plan and contract.
Zoning/Ordinance time: Varies per pf'(~iect.
busub.crit
5
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Section I.
Section 2.
Section 3.
Section 4.
Section 1.
Section 2.
AMENDED
BYLAWS OF THE HOllSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MONTICELLO, MINNESOTA
ARTICLE I
THE AUTHORITY
Name of Authority. The name of the Authority shall be the "Housing and
Redevelopment Authority in and for the City of Monticello. Minnesota."
Seal of Authoritv. The seal of the Authority shall be in the form of a circle and
shall bear the name of the Authority and the year of its organization.
Office of the Authoritv: Place of Meeting. The officc of the Authority shall be at
such place in the city of Monticello. Minnesota. as the Authority may from time
to time determine by resolution. Regular and special meetings of the Board of
Commissioners shall be open to the public and shall be held in Monticello City
Hall at 505 Walnut Street Suite # I. Monticello. Minnesota: provided. however.
that upon three days written notice to the Commissioners of the place of such
meeting. any regular or special meeting may be held at such place within the city
of Monticello as the notice shall designate.
Powers orthe Authoritv. The Authority. by and in its corporate name. shall have
and exercise all powers. functions. rights, and privileges pursuant to Minnesota
Statutes 469.00 I. et seq.
ARTICLE II
COMMISSIONERS
Authoritv. The; business and aflairs of the Authority shall be managed by or
under the authority of the Board of Commissioners. except as otherwise permitted
by statute.
Number. Qualification. and Term ofOftlce. 'fhere shall be five Commissioners
appointed by the Mayor of Monticello and approved by the City Council.
Commissioners shall be natural persons. at least 18 years of age, and must reside
in the city of Monticello. Commissioners shall serve a term of tive years with one
Commissioner's term expiring each year.
KARE N\OFFIC E\OLLlE\BYLA WS. H RA6/7/2000
Page 1
Section 3.
.
Section 4.
Section 1.
Section 2.
.
Section 3.
Section 4.
.
Vacancies. Vacancies on the Board of Commissioners occurring by reason of
death. resignation, removal. or disqualitication shall be filled for the unexpired
term hy the Mayor in accordance with the procedures set forth in Article II.
Section 2.
Removal. For inefficiency or neglect of duty, or misconduct in oftice. a
Commissioner may be removed from oHice by the City Council in accordance
with Minnesota Statute 469.010.
ARTICLE III
OFFICERS
Officers. .T"he Officers of the Authority shall consist of a Chair, Vice-Chair. and a
Secretary-Treasurer. The Chair and Vice-Chair shall be elected from among the
Commissioners. A Commissioner shall not hold more than one of the above-
named otTices at the same time. The Secretary-Treasurer shall be appointed by
the Commissioners.
Chair. The Chair shall preside at all meetings of the Board of Commissioners if
present Except as othenvise authorized by resolution of the Board of
Commissioners, the Chair shall sign all contracts, deeds. and other instruments
made by the ^uthority. At each meeting. the Chair shall submit such
recommendations and information as considered proper concerning the business.
affairs, and policies of the Authority. Except as otherwise provided by resolution
of the Board of Commissioners, all such orders and checks shall be counter-
signed by the Chair.
Vice-Chair. The Vice-Chair shall perform the duties of the Chair in the absence
or incapacity of the Chair: and in case of rcsignation or death of the Chair, the
Vicc~Chair shall perform such duties as are imposed on the Chair until such time
as the Board of Commissioners shall select a new Chair.
If in the event a quorum is present and the Chair and Vice-Chair are absent or
unable to attend a meeting of the Board of Commissioners. The three remaining
members shall elect from among the remaining Commissioners a Chair for the
said meeting.
Secretarv- Treasurer. The Secretary~ Treasurer shall perform the duties of the
office of Secretary- Treasurer. "rhe Secretary- T rcasurer may delegate the
responsibility for recording the Minutes of the Board of Conlmissioner meetings
to the Executive Director or to the ^uthority Ot1ice Secretary as is determined
appropriate by the Secretary-Treasurer. The Secretary-Treasurer shall sign all
orders and checks for the payment of money and shall payout and disburse such
moneys under the direction of the Authority.
KARENIOF FICEIOLLI EIBYLA WS H RA 6/7/2000
Page 2
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.
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Section 5.
Additional Duties. The Ofticers of the Authority shall perform such other duties
and functions as may ti'om timc to time bc required by the Authority or the bylaws
or rules and regulations of the Authority.
Section 6.
Election or Appointment. The Chair and Vice-Chair shall be elected at the annual
meeting of the Board of Commissioners from among thc Cornmissioners of the
Authority and shall hold oftice for one year or unti I their successors are elected
and qualified. The Secretary-Treasurer shall be appointed at the annual meeting
of the Board of Commissioners by the Commissioners.
Section 7.
Vacancies. Should the office of the Chair. Vice-Chair. or Secretary~Treasurer
bccome vacant. the Board of Commissioners shall elect a successor from its
members at the next regular meeting. and such election shall be for the uncxpired
term of said office.
ARTICLE IV
EXECUTIVE DIRECTOR
Thc Authority shall employ an Executive Director who shall have general supervision over the
administration of its business and amlirs. subject to the direction of the Board of Commissioners.
As assistant to the Secretary-Treasurer. the Executive Director shall ensure that proper records of
the Authority are 111aintained. The Executive Director (or designee) shall act as Secretary of the
meeting of the Board of Commissioners and shall keep a record o1'the proceedings in a journal of
proceedings to be kept for such purposes (the minutes of the proceedings are to be signed by the
recorder plus the Authority Commissioner acting as Chair at the meeting). The Executive
Director shall perform all duties incident to thc Executive Director position as may be assigned
by the position description as approved by the Board of Commissioncrs. The Executive Director
shall keep in safe custody the seal of the Authority and shall have the power to affix such seal to
all contracts and instruments authorized to be exccuted by the ^uthori ty.
The Executive Director shall have the care and custody of all funds of the Authority and shall
deposit the same in the name Qf the Authority in such bank or banks as the Board of
Commissioners may select. The Executive Director shall be charged with the management of the
housing projects 01' Authority.
The Executive Director shall keep regular books of accounts showing rcceipts and expenditures
and shall rcnder to the Board of Commissioners. at each regular meeting (or more often when
requested). an account of his/her transactions and also of the tinancial condition of the Authority.
The Executive Director shall give such bond of the faithful performance of duties as the Board of
Commissioners may detcrmine.
KAREN\OF Fie E\OLLI E\B YLA WS. H RA6/? 12000
Page 3
The Executive Director shall be appointed by the Board of Commissioners. Any person
appointed to till the officc of I::xccutive Directur. or any vacancy therein. shall have such term as
the Board of Cummissioners fixes. but no Commissioner of the Board of Commissioners shall be
eligible to this office. When the oftice of Executive Director becomes vacant. thc Board of
Commissioners shall appoint a successor. as aforesaid.
.
So long as the Executivc Director is an employee of and paid by the City. the Executive
Director's compcnsation vvill be determined in accordance with City compensation policies and
procedures provided that the Board of Commissioners shall at least annually review the
pcrformance of thc Executive Director and make recommendations to the City regarding that
person's compensation. If the Executive Director is not an elnployee ofthc City but is
independcntly retaincd by the Authority. the Board of Commissioners shall establish the
compensation of the Executive Director.
ARTICLE V
ADDITIONAL PERSONNEL
The Board of Commissioners may from time to time employ such personnel as it deems
necessary to exercise its power. duties. and functions as prescribed by the Municipal Housing
and Redevelopmcnt Law of Minnesota applicable thereto. The selection of such personnel
(includi ng the Executive Di rector) shall be determi ned by the Board of Commissioners subject to
the laws of thc Statc of Minnesota. In cases where such personnel are employees of and paid by
the City. such persons' compensation will be determined in accordance with City compensation
policies and procedures. provided that the Board of Commissioners shall at least annually review
the performance of the personnel and make recommendations to the City regarding such persons'
compensation. If any personnel arc not employees of the City but are independently retained by
the Authority. the Board of Commissioners shall establish the compensation of such personnel.
.
Section I.
Section 2.
.
ARTICLE VI
MEETINGS
Annual Meetinc. The annual meeting of the Board of Commissioners shall be
held on the tirst Wednesday of April at 7 p.m. at the regular meeting place of the
Board of Commissioners; provided. however. that the date/time of the annual
meeting may be postponed to a subsequent date/time upon the vote of a majority
of Commissioners in office at any time taken at any regular or special meeting.
Regular Meetings. Monthly meetings shall be held without notice at the regular
meeting place of the Board of Commissioners on the tirst Wednesday of each
month at 7 p.m. unless the same shall be a legal holiday. in which event said
meeting shall be held on the next succeeding secular day. In the cvent the
date/time/meetings place of a particular meeting must be changed. the Chair may
make such change deemed neccssary by notifying all Commissioners by
delivering (by staff') a notice to their home address at any timc prior to the
mceting or mailing a notice to the business or home address at least thrce (3)
working days prior to the dale of such rcgular meeting.
KAREN\OFFICE\OLLlE\BYLAWS HRA6/7/2000
Page 4
Section 3.
.
Special Meetinl!s. Specialmedings of the Board of Commissioners may' be
called by the Chair or two members of the Board of Commissioners for the
purpose of transacting any business designated in the call. The call (including
location of meeting) for a special meeting may be delivered at any time prior to
the time of the proposed meeting to each member of the Board of Commissioners
or may be mai led to the business or home address of each member of the Board of
Commissioners at least three (3) working days prior to the date of such special
meeting. At such special meeting. no business shall be considered other than as
designated in the call: but ifall of the members of the Authority are present at a
special meeting. any and all business may be transacted at such special meeting.
Notice of any special meeting shall be given in aceordance with Minnesota
Statutcs. Section 471.705. subd. 1 c. or any successor statute regarding notice of
meetings of public bodies.
ARTICLE VII
QUORUM
The powcrs of the Authority shall be vcsted in the Commissioners thereof in office from time to
time. Three Commissioners constitute a quorum (except as noted below) for the purpose of
conducting its business and exercising its powers and for all other purposes. but a smaller
number may adjourn from time to time until a quorum is obtained. When a quorum is in
attendance. action may be taken by the Board of Commissioners upon a vote of a majority of the
Commissioners present (except as noted below).
.
Exception: In regard to action on the annual Authority operating budget or revisions thereto.
there must be at least four Commissioners present and the majority of those present must vote in
bvor of such for the matter to be approved.
Scction I.
.
ARTICLE VIII
ORDER OF BUSINESS
Order of Business. At the regular meetings of the Board of Commissioners. the
following shall be the Order of Business:
I. Roll call
.., Reading and approval of minutes of the previous meeting
3. Items not contained in the agenda
4. New business
5. Bills and communications
6. Project updatc by Executive Director
7. Other Business
8. Adjournment
All resolutions shall be in writing and shall be copicd in the journal of the
proceedings of the Board of Commissioners.
KAR E NIOF FIC E\OLLI E\BYLA WS. H RA 6/7/2000
Page 5
ARTICLE IX
MANNER or VOTiNG
. The voting on all questions coming before the Board of Commissioners shall be by roll call. and
yeas and nays shall be entered upon the minutes of such mceting. The Chair and all members of
the Board of Commissioners at every meeting of said Board of Commissioners shall be entitled
to a vote. In thc event that any Commissioners shall have a personal interest of any kind in a
matter then bef(xe the Board of Commissioners. the Commissioncrs shall disclose his/her interest
and be disqualified from voting upon the matter. and the Seeretary shall so record in the minutes
that no vote was cast by said Commissioner.
ARTICLE X
EXEClrrrON OF CONTRACTS
All contracts. notes. and other written agreements or instrumcnts to which the Authority is a
party or signatory or by which the Authority may be bound shall be executed by the Chair and
Executive Director. If the Executive Director is absent or otherwise unable to execute a
document the Secretary-Treasurer may execute the document.
ARTICLE XI
AMENDMENTS
.
The bylaws of the Board of Commissioners shall be amended by Resolution only with the
approval of at least a majority of the Commissioners in office at any time.
These bylaws wcre adopted as the bylaws of the Authority by the Board of Commissioners on
July 8. 1997.
These bylaws were adopted as the bylaws of thc Authority by the Board of Commissioners on
Scptember 2. 1998.
Thcse bylaws were amended as the bylaws of the Authority by the Board of Commissioners on
June 7. 2000.
.
KARENIOF Fie EIOLLI EIBYLA WS. H RAG/7 /2000
Page 6
J
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~'~"<':'"..'.'.
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ECONOMIC DEVELOPMlj~NT
TAX INCREMENT I'INANCING
505 Walnut Street Suite 1
Monticello. MN 55362
Office or Econolll ic Development (763) 271-3208
City Hall (763) 295-2711
MONTICELLO
TAX INCREMENT FINANCE PROCESS
fJigihle TlF expenditures: Lund uC1luisition. instullation (dpub/ic und on-site improvements.
demolition, relocation. purking fi/Cilities. uud streets und sidewalks.
Time: .')'i.x to eight Il'eeksfiil' upprovul
Type of projt:ct:
Economic (for manul~1cturing and distribution)
Redevelopment Hn_ (for blightt:d property)
Ilousing__ (affordable housing)
Soil Condition
Rt:novation and renewal
Dew loper:
Description of project for construction. estimated project costs, number of new jobs within two
years and hourly wage.
Amount of TI F requestt:d: Land and/or sitt: improvements and t:stimated costs.
Finant:ing Method: Pay-as-you-go or up-front.
.
Executed Pre- TI F Agrt:ement and $5,O()() t:ash ier chet:k.
TIF Plan:
liRA authorizes preparation of TI F Plan
Building and site plans submitted to Chief I3uilding Onlcial.
Contract:
Findings for "but for" test: A prof'(mna or letter from lender.
"13ut for" means that tht: project would not develop solely on private inwstrnent in the reasonable
future.
Job cITation: Numbn of new full-time jobs to ht: neated within two years.
Hour!y wage: At least 90% of the jobs C1Tated must pay a wage of the higher of $9.00 per hour. or
at least 160~/;' of the fednalminimum wagt: requirt:ment. Annual writtt:n report is required until
tnmination date. If job and wags goals art: not met. tht: developer must repay tht: TIF assistance.
Lt:wl ofTIF assistance.
Construction commencemt:nt and completion dates.
Copy of purchase agreement if assistance is for land acquisition.
Copy of lease agrlTment when appropriate.
Certilit:ation of site improvt:nlt:IllS incurred and paid.
Lvidence of construction linancing
Proof of payment of insurance prcmiums.
Certification of income levels.
.
Building f\:rlllil:
Building pt:rmit issued alkr the TIF Districlls approwd by City Council and Contract for Private
Redt:veloplllent t:.,;ecuted hy the dcvt:loper illld the lIRA.
Monticello City Hall, 505 Walnut Street, Suite I, Montit:e1lo, MN 55362-81:13 I . (763) 295-2711 . Fax: (763) 295-4404
Office of Public Works, 909 Golf Course Rd., Monticello, MN 55362 · (763) 295-3170. Fax: (763) 271-3272
.
.
GOALS OF BUSINESS RECEIVING ASSISTANCE
Please indicate number of employees at each level and indicate the corresponding benefit level.
Number of jobs creatcd is over the first two years.
HRAAGEND^ \TIFprocess
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MONTICELLO, MINNESOTA
.
PRELIMINARY APPLICATION FOR
TAX INCREMENT FINANCE
APPLICANT:
FIRM OR TRADE NAME:
BUSINESS ADDRESS:
CITY/STATE:
TELEPHONE: (Bus.)
(Home)
FAX:
E-MAIL:
TYPE OF BUSINESS: _ Sole Proprietorship _ Corporation _ Partnership
_ Start Up
_ Expansion
_ Expansion/Relocation
TYPE OF PROJECT: _ Manufacturing _ Warehousing _ Other Industrial
Office Retail Com mercial
_ Housing
BRIEFLY DESCRIBE NATURE OF BUSINESS OR PRODUCT LINE/SERVICE:
.
DEVELOPMENT PLANS:
~"._._ TOTAL SQ. FT. OF BUILDING.
BREAK DOWN BY SQ FT OF AREA SUCH AS MANUFACTURING, OFFICE. AND
W AREl-IOUSING AREA. OR SQ FT PER HOUSING UNIT:
ESTIMA TED SQ FT COST OF CONSTRUCTION ~_
EXTERIOR BUILDING MATERIAL
OUTSIDE STORAGE REQUIRED
NUMBER OF ACRES
ESTIMA TED LAND COST
AMOUNT
PARTICIPATING LENDER
PARTICIPA TINe CONTRACTOR
JOB AND WAGE LEVEL CREATION: COMPLETE ATTACHMENT
.
AMOUNT OF TIF REQUESTED:
.
.
.
HRA Agenda - 4/3/02
8.
Consideration to review and accept the year-end financial reports for the HRA
General Fund and TIF Fund as prepared bv BRA Treasurer Wolfsteller.
A. Reference and background:
Attached are the 2001 year-end financial reports for the HRA General Fund and 1'1 F Fund
as prepared hy Wolfstellcr. Ifnot attached, the reports will be submitted at flleeting.
After Wolfsteller reviews the reports with the liRA, it is recommended the HRA make a
motion to accept the year-end financial reports for the record.
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HRA Agenda - 4/3/02
9.
Considenltion to review TIF Cash Flow Projections for TIF District Nos. 1-2, 1-5, 1-
6, 1-21, 1-22 and 1-23 as prepared by Mark Ruff, Ehlers & Associates.
A. Reference and background:
Mark Ruff was requested to run Cash Flow Projections for these districts. Districts 1-2
(Metcalf & Larson), 1-6 (Raindance), 1-21 (T.J. Martin), and 1-23 (Allied/Midwest
Graphics) were financed hy the up-front Inethod. Using the new classification rates and
given the remaining debt service on either a hond or loan, the projections should indicate
any potential shortfalls.
District No.1-5 (Construction 5) is our cash cow because the bond has heen retired and
this is an old redevelopment district which is not subject to pooling restrictions. District
No. 1-6 (Raindance) is also a cash cow: however, the debt service has not been retired.
District No. 1-22 (Downtown) projections will be important for setting priorities, Ilow
much money remains unspent of the $2 million temporary bond and how much new tax
increment do we need to generate? Remember up-front monies must be spent by
August 2004.
The next item talks about HRA goals,
The projections are attached or will he submitted at the meeting.
MAR. 28. 2002 11:29AM
EHLERS & ASSOCIATES
NO. 8281
P. 2
.
.
EHLERS
& ASSOCIATES INC
MEMORANDUM
....
TO:
Ollie Koropchak, City of Monticello
FROM:
Mark Ruff .. Ehlers & Associates
DATE:
March 28, 2002
RE:
District No. 1..22
Based upon current values for projects and expected values for the commercial projects on the Farrell gas
site and the Front 5treet housing, we estimate that the aJlnual tax increment from the district will be S 18 7 ,500
. per year. This amount does not include any revenues or obligations for the AmOCO redevelopment.
The expenses are also listed. Please note that we have estimated debt service for a long-term general
obligation taxable taX increment bond. As you are aware, the City issued a temporary G.O. TIF bond last
summer. Approximately 90% of the proceeds were designated for District 1-22 and 10% were programmed
for District No. 1-23 project costs. We have estimated debt service for the long-term fmancing of this bond,
assumjng issuance of a taxable G.O. TIF bond at the end of 2002 (the bonds are callable January 1,2003).
The current bond issue assumed capitalized interest would pay debt service through the end of 2002.
You have requested that we review the existing and planned redevelopment projects jn TIF District 1-22 to
determine the amount annual tax increment expected in the District. Attached is an annual cash flow which
shows the expected revenue SOlU'Ces and the expected expenses for the district.
Currently, we estimate that the existing taX increment revenue would support the majority of debt service.
Approximately $47,000 in additional taX increment per year would need to be produced to support the
estimated debt service. The $50,000 in TIF equates to a new development of approximately $2, I 00,000 in
new market value. This would translate into a 30,000 sJ. commercial facility with little or no base value.
The other attaChment demonstrates the proceeds which remain from the 2001 G.O. TIF Bond and other
unobligated sources. Given corrent estimates, $1,285,000 of bond proceeds remain for additional land
acquisition or other project costs. Of the $1,285,000 project costs, the HRA will need to leverage additional
market value of new development of $2,100,000 to support the existing obligations.
.
The attached projections show no coverage for the bond debt service. We have assumed that the frozen tax
rate of 1.12 remains throughout the district. As you may recall, theCity does have the option of pooling from
other taX increment districts or raising the frozen taX rate if a shortfall does occur. The amount of allowable
pooling is based upon the impact of the class rate compressioD, which is higher than the $47,000 per year
expected shortfalL However, it has the been the previous discussion of the HRA and City Council that the
pooling and tax rate adjustment be utilized for coverage only and not be programmed into the casn flows.
Please review the attached assumptions and contact os with any changes or questions.
MAR, 28, 2002 11: 30AM
EHLERS & ASSOCIATES
NO, 8281
P. 3
.
City of Monticello
District 1.22 projections. New Class RaW. and 1.12 frozen Rate
First MN l.:ocust Sunny Front Total
Year GLIb Bank Marauette Others Mall Fresh Farrell Street TI Revenue
2002 47,525 8,259 9,597 29,994 11,525 31,811 . . 138,712
2003 47,525 8.259 9,597 29,994 11,525 31,811 12,725 - 151,436
2004 47,525 6.259 9,597 29,994 11,525 31.611 31,611 8,000 178,523
2005 47,525 8.259 9,597 29,994 11,525 31,811 3; ,ai 1 17,000 187,523
2006 47,525 8,259 9,597 29,994 11,525 31,811 31,611 17,000 187,523
2007 47,525 8,259 9.597 29,994 11 ,525 31,811 31.811 17 ,000 187,523
2008 47,525 6,259 9,597 29,994 11,525 31,B11 31,811 17,000 187,523
2009 47,525 8,259 9.597 29.994 11,525 31,811 31,811 17,000 187,523
2010 47,525 8,259 9,597 29,994 11,525 31,811 31.811 17,000 187,523
2011 47,525 S,259 9,597 29,994 11,525 31,811 31,811 17,000 181,523
2012 47,525 8,259 9,597 29,994 11,525 31,S11 31,811 17,000 187,523
2013 47,525 8,259 9,597 28,994 11,525 31,611 31,811 17,000 161,523
2014 47,52$ 8,259 9,597 29,994 11,525 31,811 31,811 17,000 167.523
2015 47,525 6,259 9,597 29,994 11,525 31,811 31,811 17,000 187,523
2016 47,525 B,259 9.597 29,994 11 ,525 31,811 31,811 17,000 187,523
2017 47,525 5.l5S 9,597 29,QS4 11,525 31,511 31,B11 17,000 187,523
2018 47,525 6,259 9,597 29,994 11,525 31.811 31,811 17,000 187,523
2019 47,525 8,259 9,597 29,994 11,525 31811 31,S11 17,000 187,523
2020 47,525 8,259 9,597 29,994 11 ,525 '31,811 31,811 17 ,000 187,523
2021 47,525 8,259 9,597 29 994 11 ,525 31 511 31,S 11 17.000 187,523
[i otals 950,4~ 165,175 191,946 599,883 230,505 636,229 565,331 297,000 3,656,562
Sunny Frsh Community Long Term Annual Net
Year Admin Cub SidiW.lk Center Bonds - Taxable G.O. Expenses Revenue
2002 13.871 2,525 16,500 12,500 45,396 93,316
2003 15,144 2,525 0 12,500 200,822 230,990 -79,554
2004 17,852 2,525 0 12,500 200,822 233,6951 -55,176
2005 18,752 2,525 0 12,500 200,822 234,599 -47,076
2006 18,752 2.525 0 12,500 200,622 234,599 -47,076
2007 18,752 2,525 0 12,500 200,622 234.599 -47,076
2008 16,752 2,525 0 12,500 200,822 234,599 -47.070
2009 18,752 2.525 0 12,500 200,822 234,599 -47,076
2010 18,752 2,525 0 12,500 200,e22 254.699 -47,076
2011 16,752 2,525 0 12,500 200,822 234,599 -47,076
2012 16,752 2.525 0 12,500 200,622 234,599 -47,076
2013 18,752 2.525 0 12,500 200,822 234,599 -47,076
2014 16,752 2,525 0 , 2,500 200,822 234,599 -47,076
2015 18,752 2,525 0 12,500 200,822 234,599 ~47,076
2016 18,752 2,525 0 12,500 200,822 234,599 -47,076
2017 18,752 2.525 0 12,500 200,822 234,599 -47,076
2018 18,752 2,525 0 12,500 200,622 234,599 -47,076
2019 18,752 2,525 0 12,500 200,822 234,599 -47,076
2020 18,752 2,525 0 12,500 200,a22 234.599 047,076
2021 18,752 2,525 0 12,500 200,822 234,599 -47.076
Totala 365,656 50,492 16,500 ~,OOO . 3,815,614 . 4,498,263 (841,701)
.
.
3/2612002 update4dISl122.032S02
MAR,28.2002 11:30AM
EHLERS & ASSOCIATES
NO, 8281 P.4
~
.., City of MonticellO
District 1.22 projectio"s
New Class
Rate$.
Revenues
Bond Proceeds 1,781,276
Interest Earnings ?
Existing HRA Funds? ?
District 22 in 2002 93,316
Land Sale Proceeds
HRA General Fund 20,000
City General Fund 35,000
Hans Hagen ~O,OOO
Total 2.229,592
Expenses
Schlief 83,674
Hawkins 56,468
Reed 30,000
Carlson 275,000
Bostic 113,000
O'Connor 145,000
Demolition 35,000
. Grading 100,000
L.egal - estimate 15,000
Parking -Amoco 75,000
Closing 15.000
Total 943,132
Net Available 1,286,460
.
.
10.
.
.
HRA Agenda - 4/3/02
Consideration to discuss and adopt HRA goals for 2002.
A. Reference and hack1!round:
Questions on year-end report:
A. Docs the balance of the HRA General Fund account include or not include the
$300,000 previously committed for industrial development?
B. Have the committed local contributions by the HRA been transferred from the HRA
General Fund to the City trunk or hook-up fee accounts?
C. Remember the HRA has committed $43,000 from the HRA General Fund for the
Carlson property to reimburse TI F District No. 1-22. This to occur in 2002.
D. What TIF Districts were closed out after decertification? Was there a shortfall, need
to transfer dollars in fi:om another district. Was there an over-run, need to transfer to
district with short1'all or transfer to General Fund. Newer district can retain 10% of tax
increment and return rest to County.
Questions on projections:
A. What amount is the projected cash-flow overrun for District No. 1-5'1
B. What amount is the projected cash-flow overrun fl.)r District No. 1-6'1
C. Is there a shortfall projected tl.)r District No. 1-2'1 Need to talk to Brad Larson.
D. Is there a shortfall projected for District No. 1-21'1 Should be covered by 'II
guarantee with Eric Bondhus.
E. Is there a shortL111 projected for District No. 1-23'1 Should be covered by Temp Bond
Issuance.
Questions on TI F District 1-22 projections:
Need additional new market value of $2.1 million or $50,000 annual tax increment or
30,000 sq ft commercial to retire bond debt. (Compare this to Town Center of 22,000 sq
it)
Unspent dollars from bond: $1.28 million. In other words, this is the dollar amoLlnt the
HRA has to work with.
IDEAS FOR GOALS: Block 52 - Springborg
Froslie
Piorier
Demolition
Parking/Plaza/Walnut Street
Block 54 Wurm 8-plcx
Warner
Continue along Front Street
Block 36 Phase II, Fluth
.
.
.
BRA Agenda - 4/3/02
Apply 1'01' Redevelopment or Small Cities Grant.
IDEAS FOR DlST 1-5 AND 1-6 StJRPLlJS REVENllES:
Land for industrial development and engineer consultant.
Dollars for gap financing to attract high-tech industries.
Funds for scattered housing redevelopment. (Grant/Sunny Fresh)
IDENTIFY AREAS .'OR REDEVELOPMENT.
COMMIT ADDITIONAL DOLLARS TO INDllSTRIAL .'UND.
2
.
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
(612) 337-9300
February 26, 2002
Statement No. 50631
City of Monticello
Accounts Payable
505 Walnut Street, Suite 1
Monticello, MN 55362
Through January 31, 2002
MN190-00080 Midwest Graphics Amendment
MN190-00088 Acquisition of 8 Locust Street/Bostic
MN190-00089 Acquisition of 218 Front Street/O'Connor
MN190-00094 Quiet Title - 8 Locust Street
MN190-00095 Masters Fifth Avenue TIF
.
MN190-00098 Hans Hagen TIF Contract
Expenses
30.00
0.00
427.00
76.00
135.00
1,485.00
60.73
Total Current Billing:
2,213.73
I declare, under penalty of law, that this
account, claim or demand is just and rrect
and that no 0 . been p id.
s. b '"".l-
~-
~
.
.
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
(612) 337-9300
41-1225694
February 26, 2002
Invoice # 50631
City of Monticello
Accounts Payable
505 Walnut Street, Suite 1
Monticello, MN 55362
~ l..t l. S :L ~, -:s 0 4 0
"'?- \ -.,I ·
MN190-00080 Midwest Graphics Amendment
Through January 31, 2002
For All Legal Services As Follows:
1/17/2002 OJG Telephone conference with O. Koropchak regarding sale of
Midwest Graphics building
Total Services:
Hours
0.20
Amount
30.00
$
30.00
.
Total Services and Disbursements: $
30.00
.
.
City of Monticello
January 31, 2002
MN190-00088
Page: 2
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
l.~ ~ S ~ -:>. ::, 0 4 0
?-\"?:>.
Acquisition of 8 Locust Street/Bostic
For All Disbursements As Follows:
.
.
Photocopies
Postage
4.00
6.01
10.01
Total Disbursements:
$
Total Services and Disbursements: $
10.01
a
.,
Page: 3
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of MonticellO
January 31, 2002
LI C, s3 '3.
?-\~.
70'10
MN190.00089 Acquisition of 218 Front Street/O'Connor
Through January 31, 2002
For All Legal Services As Follows: Hours Amount
1/2/2002 PES Draft letter to district court administrator 0.20 19.00
1/2/2002 RJL Intraoffice conference; phone call with Koropchak re 0.60 102.00
payment and attendance at meeting; phone call with
Koropchak re motion; draft motion; fax to Koropchak;
revise notice of filing award
1/3/2002 RJL Phone calls with K. Helvey (2l phone call with N. 0.70 119.00
Hammer; dictate, revise and Inalize letter to Koropchak
1/4/2002 RJL Phone call with Helvey; dictate, revise and finalize letter to 0.40 68.00
. Helvey; phone call with Koropchak
1/8/2002 RJL Phone call with J. Vanderlinde 0.10 17.00
1/9/2002 RJL Review commissioners billing statement; draft letter to 0.20 34.00
Koropchak; phone call with Vanderlinde
1/17/2002 RJL Review file; phone call with Cassidy's office re bill 0.20 34.00
1/22/2002 RJL Intraoffice conference; review file re filing of final certificate 0.20 34.00
Total Services: $ 427.00
For All Disbursements As Follows:
1/2/2002
Fax
Postage
Photocopies
Wright County District Court Administrator; Copy of the
Notice of Filing of Award of Commissioners
Total Disbursements:
6.00
10.92
28.80
5.00
$
50.72
.
......
.....
Page: 4
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of Monticello
January 31, 2002
Total Services and Disbursements: $
.
.
477.72
.
Page: 5
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of Monticello
January 31, 2002
L.\ t, S ~ -:::. .
?- \ '::J .
~QYO
MN190-00094 Quiet Title - 8 Locust Street
Through January 31, 2002
For All Legal Services As Follows:
1/2/2002 CBR Letter to client sending deeds, abstract and order; review
files
Total Services:
Hours
0.80
$
Amount
76.00
76.00
Total Services and Disbursements: $ 76.00
.
.
.
Page: 6
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of Monticello
January 31, 2002
?- \ ~.. L.t l. S ~ 5 ,
MN190-00095 Masters Fifth Avenue TIF
Through January 31, 2002
For All Legal Services As Follows:
1/2/2002 OJG Revise amendment to contract for private development
Total Services:
~oyo
Hours
0.90
$
Total Services and Disbursements: $
.
.
Amount
135.00
135.00
135.00
.
Page: 7
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of Monticello
?\'3
L\ l., ~ <6 "':> .
'Q O~O
January 31, 2002
MN190-00098 Hans Hagen TIF Contract
Through January 31, 2002
For All Legal Services As Follows: Hours Amount
1/8/2002 DJG Telephone conference with O. Koropchak regarding 0.50 75.00
contract terms
1/8/2002 DJG Draft development contract 6.50 975.00
1/16/2002 DJG Telephone conference with O. Koropchak regarding 0.20 30.00
contract terms
1/18/2002 DJG Telephone conference with O. Koropchak regarding 0.80 120.00
proposed contract revisions
. 1/29/2002 DJG Revise contract to incorporate Hans Hagen comments 1.10 165.00
1/29/2002 DJG Review information from O. Koropchak regarding TIF 0.80 120.00
contract information
Total Services: $ 1,485.00
Total Services and Disbursements: $
1,485.00
.
....
~
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
(612) 337.9300
March 21, 2002
Statement No. 51083
City of Monticello
Accounts Payable
505 Walnut Street, Suite 1
Monticello, MN 55362
Through February 28, 2002
MN190-00041 Redevelopment. General
32.00
MN190.00089 Acquisition of 218 Front Street/O'Connor
MN190.00095 Masters Fifth Avenue TIF
589.50
45.00
MN190.00097 TIF 1.29
1,395.00
MN190.00098 Hans Hagen TIF Contract
255.00
.
Expenses
20.51
Total Current Billing:
2,337.01
I declare, under penalty of law, that this
account, claim or demand is just and c r ct
and that no pa of it...lJas-btSen paid.
/' D~
\L-, -
~ ? S~
~~
.
.
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
(612) 337.9300
41.1225694
March 21, 2002
Invoice # 51083
City of Monticello
Accounts Payable
505 Walnut Street, Suite 1
Monticello, MN 55362
MN 190-00041
Redevelopment. General
Through February 28, 2002
For All Legal Services As Follows:
2/25/2002 SJB Telephone conference with 0 Koropchak re Production
Stamping, financing options
Total Services:
~\9
~\~ .
.
o \ ·
'?
0,-\0
"0
Hours
0.20
$
Total Services and Disbursements: $
Amount
32.00
32.00
32.00
.....
......
City of Monticello
February 28,2002
Page: 2
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402 ~ {) y 0
L-\ ~ S ~ ~ .
0'"
v;t\
MN190-00089 Acquisition of 218 Front Street/O'Connor
Through February 28, 2002
For All Legal Services As Follows:
2/12/2002 PES Draft Receipt of Payment
2/12/2002
.
2/13/2002
2/20/2002
2/27/2002
Hours
0.30
RJL Phone calls with Peterson (2) and Koropchak re payment; 1.10
voice mail with C. Rocklitz re preparation for closing;
dictate, revise and finalize letters to Cassidy, Nagorski
and Koropchak; phone call with district court
RJL Voicemail from Cassidy's office 0.10
RJ L Revise and finalize letter to Koropchak 0.10
RJL
Review file; revise letter
Total Services:
For All Disbursements As Follows:
2/27/2002
.
postage
Photocopies
Fax
Wright County District Court Administrator; Filing of
Receipt of Payment
Total Disbursements:
2.00
$
Total Services and Disbursements: $
Amount
28.50
187.00
17.00
17.00
340.00
589.50
3.41
10.60
1.50
5.00
$
20.51
610.01
.
City of Monticello
February 28, 2002
Page: 3
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
MN190-00095 Masters Fifth Avenue TIF
Through February 28, 2002
For All Legal Services As Follows:
2/11/2002 DJG Revise amendment to contract for private development;
draft cover memo to O. Koropchak re: same
Total Services:
u.V
.'}\~ .
.
~s.
s ,-\0
00
Hours
0.30
$
Total Services and Disbursements: $
Amount
45.00
45.00
45.00
.
Page: 4
Kennedy & Graven, Chartered
200 South Sixth Street
Suite 470
Minneapolis, MN 55402
City of Monticello
February 28, 2002
MN190-00097 TIF 1-29
Through February 28, 2002
For All Legal Services As Follows:
2/13/2002 DJG Draft contract for private development
.
~
~
.
2/14/2002
2/15/2002
DJG Draft contract for private development
DJG Telephone conference with O. Koropchak regarding
contract for private development terms
DJG Revise contract for private development per developer's
comments
2/28/2002
Total Services:
~
*~
\<-~
Hours
4.20
3.80
0.50
0.80
Total Services and Disbursements: $
Amount
630.00
570.00
75.00
120.00
$
1,395.00
1,395.00
.
City of MonticellO
February 28, 2002
page: 5
KennedY & Graven, Chartered
200 south Sixth Street
suite 470
Minneapolis, MN 55402
?\'?4
~\ \..s, S ~ '3 .
MN~90-00098 Hans Hagen T\F contract
Through February 28, 2002
For All Lega\ services As FolloWS:
2/112002 DJG RevieW developers comments and make appropriale
revisions
2/15/2002
2/~ 9/2002
.
.
DJG TelepMne conference with Q. Koropchak regarding
contract revisions
DJG Revise contract per developers comments
Tota' services:
?J {) ^-{ D
Hours
0.80
0.50
OAO
$
Tota' services and Disbursernents: $
Amount
~20.00
75.00
60.00
255.00
255.00
.
\
Monticello HRA
505 Walnut Avenue, Suite 1
Monticello, MN 55362
March 10, 2002
MC100-01
General
Invoice # 19266
Professional Services
2/27/02 MTR Meeting on block 52
Total Due This Month:
Status of Account:
Current
$375.00
30 Days
$0.00
.
60 Days
$0.00.
Hours Amount
3.00 375.00
3.00 $375.00
90 Days 120+ Days
$0.00 $0.00
Total
$375.00
OK TO PAY? _tJ&
Co ."g.e~ · "\. \ "'2. l{ l,g "3 \
.' ',.," cJ.. \- :.J - 0
~----
-'---- .
'nitia' ~
.
EHLERS
& ASSOCIATES INC
~t qq
~
PLEASE KEEP WHITE COPY FOR YOUR FILE AND REMIT PINK COpy WITH PA YMENT TO:
.
3060 Centre Pointe Drive
Roseville, MN 55113-1105
651.697.8500
..
.
12.
.
.
l-lRA Agenda - 4/3/02
Executive Director's Report:
a) Front Porch Project - Cyr plans to close on the Ron Ruff property on Friday, March 29.
lIe has an extension orthe Grubb property purchase. Planning Commission, Council,
and HRA approval are subject to the City selling the vacated Vine Street property to the
developer. Cyr continues to work with Randy Ruff to obtain a quik claim deed resolving
the encroachment issue and obtaining clcar title.
b) Amoco Station - Fluth and Bjorklund have executed the documents for purchase and
will close upon demolition and cleanup of site. Bjorklund has submitted a remediation
plan to the MPCA. The water table is at 10ft below grade, the site must be dug out to
skim off the oil and gas and dispose of properly. The remaining water base can be
disposed within a city's sanitary sewer or disposed at an acceptable site. According to
Dale at Lotus Realty Services, the plans have verbally been approved but still waiting f(Jr
written approval from MPCA project manager. Dale thought the building permit had
been pulled but not according to the Building Department. He was anticipating
demolition to begin April 1. Site clean-up to f()lIow and separate issue.
c) MN Business Reporting Forms - Attached is a copy of the page ofthe reporting forms
submitted to MN DTED by April I, 2002 for job creation compliance.
d) St Bens Housing District - received annual documentation for 40/60 affordable
housing criteria. Of the 60 units of independent living, 49 units arc occupied. 40% of the
units or 24 units must be rented for $840 per month or less (one bedroom units) and 40%
of the units must be rented to individuals with incomes less than 60% of the median
income or $31,380 f()r one person. This criteria was satisfied. Mississippi Shores
submitted their annual report in January 2002 and also complied.
1'. .I. Martin TIF Deficiency - The first $2,500 of tax increment deficiency is due April I
plus evidence the property tax in paid in full. Will see how that goes.
Gould Brother's - llad call homlender to see ifTIF available for demolition cost. Faxed
application and process. Estimated cost to demolition $200,000 and $800,000 other
costs. Certainly illegible costs; however, I thought the project already started.
Other developer _ Sees the need to redevelop the metal buildings along Highway 25 in the
future.
Monticello Business Condo - Planning Commission agenda April 2. ^pproval for
conditional use permit for development stage planned unit development and preliminary
plat allowing commercial use in I -I a district.
UMe _ I will be meeting with the President of the company on Tues. April 2. We will
tour sites in Monticello. He is requesting a proposal from Monticello. I-Ias received
proposals from Rockford and Courtland. This is the high tech company. Average
machinist make $23.50 in wages and benefits. Currently 100 employees. Looking at
45,000 to 60,000 sq n building. 6 to 10 acres.
Production Stamping - [ have been unable to connect with Les Wurm. Looked at
Monticello sites and Right Choice building. 1 have heard Rogers don't plan to loose this
company.
HRA Agenda - 4/3/02
.
Right Choice building - My understanding this building in now back in the hands of
Allied Companics, ehuck Van Heel. [hear Right Choice is also going down hill.
Scattered Housing projcct - Sheri's getting down to thc last two houscs for acquisition.
Wc will be meeting on Thursday, April 4. Builder to give cstimates to construct based on
Planncr Grittman's suggcsted design. Sunny Fresh has committed $20,000 and has
available additional dollars to help fill gap.
State Auditor - Had call from State Auditor relative to questions of decertification date of
TIF Report. No problems. llc only does datcs.
Comp Plan Open House/Workshop scheduled for April 17, 4-7 pm.
Comp Plan Puhlic Hearing scheduled fl)r May 7, 2002,7:00 p.m.
.
.
2
.- ...,--
~ _0
".....-r
n.;"
.
Section 4 Goals and Public: Pu 05e Identified in the A eement
28. Minn. Stat. ~ 116J.994 requires that business sUbsidy and tilllneial :usistance agreements state a public purpose. Which
of the following public: purposes were stated in the agreement'? (Mark. Q/llhar apply.)
1:1 E1'lhancing economic diversity ~ Incre:asinS ~ base (cannot be only purpose)
UCrelting bigh-quality job !lowd! Q Other (pleru8 Jp<<ify)
Q Job mention 0 Other (ple4M specify)
1:1 StabiliZing the community 1:1 Other (pkcue speetfy)
29. Indicate whether the agTeernelt included the followinS fYT* of JoaIs, md 1Vbether the recipient bad attained those goals
at the rime of Ibis ~rt. (Fill ill 111. bozu tlIfIi alltllnPM1ll date(s) for _ell 1f'JOL)
o-Is
embJisbed'?
10 ..jiJY= ONo
1:J'Ves 0 No
a v. 0 No
OYes aNa
All goals
attained?
DYes ONo
DYes Q No
o Ya 0 No
a Yes 0 No
Target aaaimnent
dares (month &t YCllf)
lilt.tJ s. aggl
A) Specific wase and job pis to be attained within 2 years
B) Qrhct jOb-c:rwion ancVor mention goals
C) Other wage goa1J
D) Other guals other than, wast': UJd Job JOalS
(Plmu8 flItodr. dcscrlptlofU of ~ mul pJ'Of'U$ t/JWQTd
(llttlinMent if 1101 dot:llnWlted in Ion 30.)
30. For eacb of me followiftg wage categories, indicllte the job crellrion andlor retention goals stated in the
agreement and the average hourly value of VlY emt'loyer-provicicd health msurance goals for those jobs. (~intlk:alt!
job CTe/UtOJl goals tnfiJl.u.me eqllivtlienrs if you. an WUJb14 to sepaI'flll! goau by fidl. tWi pan.ttme positions.)
..
80llrly Wap
Cadudllll beaetib)
f'tIlI.dme
Job
CI'ClIcioo
Put-dmel
S_lLIVT_p.
Job Creadon
FTE C!!!l.! if loals aot
,rated ss PTIP'1')
Job CrudOb
Job
ReftntloD
80llny V.lu~ or
HeIlIltb Insunnc:e
no hourly Wllge-level goal
s_
.
J;;:!'-'
'-
s_
~
MoliHu.~ $8.24 10 new job~
'-
S1.b4. .v L...i9
5_
S..
s_
~1J.99
~,
Sl7" u .. ......._.
or each oCme following wage categories, indJcate the number ofac:aaalJobs created and/or retained since the benefit
4atc and the actual hO\lJ'ly value of lilY Iml'loyer--provided bcalrh insunnce for tho. jobs. (~ilr.dicfl/e job cnatt"f1 in
/ull.liffte ~vtll.,.u if you ~ 1l1l~/. lQ srpa~ job C1'HtiOlt Inlf) full- anti pG1'f-rtfft. positions.)
Hoarly WIC'
(uchacIJlIl b.lMl1a)
Full-time
Job
CJ'eIltloll
ran-dmef
s.u.naVI'emp.
Job Crudon ,
m C2!!I! Ir.able to
......,..te FTIPT)
Job Creatlon
Job
Retelldon
Boarl,. V.llle of
Realth IlISIInlKe
~'C'C.''''A''''''''~
5_
~
A'I;,q~_Wl $8.24 ...a::: to
s_ ~
~
~,2....
$lld iI IlN9
'-
SU4_ ._ ~. _9
'-
St~4U\ol w!r.uI\;T
s_
32. Has the rec:ipient achieved all roals (see Questions 29. 30 and 3 t) md fulfilled all obtilZUions stipulated in the agreement'?
(Mark one.)
.
o Yes )tNo
20M Min"esotl Bllsiness Assinanee Form
PIF 3 of4
Ocpanment ofT~e and Economic ee...ellJl'lT1l!nt
01:11 20. 22 ~~w
20d vv1
.~OJ X~ldO~~ 8~09-~62-219+
I
\
I
co
~
Mar'" 20 02 02:30p
EDMA Co.
'<"V\ o..J-o,..
763 295 8515
'?-. (:) Q~
p.~
"J-c
,
S..:clilll14 (...,,'" ;11111 I'llhlu.: I'lll' }.....\: ICIt..'llltl'il'd ill tho.: ,\:.:,1.\:':1111'111
e ~VV\ ~
.
~s. :-"1 il1l1 , Sl,ll. * I Ic,J.'N-l 1'.....lu i 1'''''' Iii I hu,ill...." ,,,h.id~ .lIld tlll""....;"1 ",.i_l.m,,' ,';;1''':1:111'':111' ,t..II:" l'uhli....llul'p."..... \\'11,,'11
,,\c' tl,,-' r~~lh,,\' 1t1~ pllhli~: puJ"pt)....\~, \n~l"l' ,1:lt~.d "1 th.' .1~.n'~;I\W(U ' I \/"d. ,,1/ 'hilI /iIJIJI\ I
xx
'S EnbwH.:il1;':' ~1,,;"r\I'lIlH..: d~\\.'r:,,-d>
XXCr...."lil\!:' l'I!:,lhl"alilY joh :;rl\" Ib
...J 101'1 1'.:10.:1111'\1\
..J 51;It-IIi,,;Il;.! lIw ~""l\llllil\lty
~o.:rl:a,illli 1;1'\ P<l''': 1~'.II1I1<'ll'.... ,1111~ 1'''1'1'\.".:1
..J Olh..:1' (/lh',,-,'" ,'I"'.-U\"I____.,,' ,-~~ ..._-
--
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<lllh..: 'Lllll: ,'I',hi, \,\:1'.11'1. I fill ill "1:' IJlJ.\I:.1 (/1/(1 alwi/,"":,,I tlu/(/.'I lilr rue" .~IIiII,1
.-\l :sp..:..:it'il: '~'<ll;": :IllJ.llIh ,:,'~l' w b..: , :t:.lm..:.J within ~ yo.:ar'
B I Olll..:r jol,...:r.:,'lillll .1IlJ/<>r n:tl.'lllil)ll ~,).II:<
C, Otl','r \\,;l;,l-= ~\'<ll~
O) Otl,..:r lOII>>I' "lit....'. Ih;'f1 w,,;.:..: am.! jo , ;'I,lIs
{Plt~/l.tfi,l nl""'}, ,h~\\'r.+riprio~',,, '~I .!,('~JI.;i ",-cI In.o,:'.tf....) It1\~",,'.;.1
(11/(111/111<,111 if /1'" dllnlll/ftll(<,,1 ill Q"r:.~1 ,I/IS 30 ",,,I J 1.1
Glial..
""'lal1l i~hl.;d"
"/J Y...., .J ~~I
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T..r~1.'1 :lIc"il\l1I":lIl ,-).1\ ;;0..1..
J;II..:' I n111nlh So: y\.,Ir) "",,ilh'~l':'
AUiust 30. 200JJ V..::o, :J ;'hl
.J Y..:, .J ;<:,.
..J Y.:s ....I ;-':1I
;,J Y.:s .:J:o.:II
--..-".
.'\0, I'lIr ,';l.:h III' Ih..: f,,1I11\\',n:;: I"alil: ..:" ":~\It.i":,. 1I\<.li"::II": Ihl.; l,lt'! .:r,,:"li,ll1 ;Ul..jI"r r':l..:ml(lll~,mls st;lh:t1 illlh..:
;lgl'..:..:tn..:11l "lid Ih... "1''':1'''1,;.': 11\l1lrl~' v,IIII,' ,II' ~lflY ":l1\plll~'"r.prol id..:\II'I.;:lIlh inMII;LI\I.;..:;;(}lIIS for (h,"..: I (It.", rO"/I'iO(/;(''/'': ill/>
,'1',:,,1;<111 XII/d, 1111;,//'/11111' "l/lIi."I.../I,' '(,,,,, ,,1'<' lilli/hi<' (II ,H'/'(/I'IIH' ',:/I(tI.\ 1'.')i,il'llIId [lI/I'I'li",<: l'II,\i/i,/I/.'.1
lI"u,'I~' W,",:e
II",,<.:Iudilll( helldi~S)
~'Ull.llI\\'
.1"\
(;1'..:11 <In
p..r' Un,,,/
SOl"SIll\:,1f1' emp,
J<lb Cr":lliul\
1"\ Illhlfly \.\.i.1';;'\.\ h.'\~1 ~u:,.lt
.
k" lh;\I\ ~ i ,till
.., 7 ,(1(1 '" ::-:-"'J
S\l.(1,) II' :\oltl 'III
NOT LESS THAN ~10.00
'. r. ," I ""j
~~: .,.. \". ~ I
NOT LESS THAN $18.00
') II.' .._ ......J._..
"
Cl
"Ul'l': 11~'J~ ;r ;.:uuJ~ n.)t
SI:.lICU :..s \--rt"'1' I
.J'll Lrc"tiufI
,..1....
J..h I~~lom\i"u
H"ur~' ... alu.. Ill'
H.."hh Insur"nc"
31. 1"'1' .;:I....1t ,Ii" tll.: f.,,1I1\\\'~Il:; wa;;..: ~: 1":',;llri..:" indi"::lt..: Ih..: Ilul1Ib..:r otactual Jolls ....n:..I..:t.I ;ll1t.1/or r.,:will..:d ~ill":~ th..: b":lI..:fil
..1:11..: :ul\illll.; ;ll:tU'III1"ul'ly \'alll": , I :lIIY ':I1l{lloy..:r-pl'l\\\l.l"<.l 1'10'::1111\ lI\~Ur;Ul"" f,'r lho~1: jOl1s. {!1!l./,l; 1//(//1'(11,' loll ..,.,'Uf/1I11 III
.lilll'I;III" "IIJlII'(lh'III,' il .""" u'-~' III. 1h1~' 1/1 '<'IIl/r/lI" ,ioll (/'~(l/il'" illlll/ilil. llll/llltlrt"lill/l! /l1I.\'i/illll.>'.1
IIllurl)' \\",~~
lc:\dlluini,! I,,'ucli"l
....,.ll.ti n..
.1,,1
Creal un
Pl,lrHinllll
S".I",.n..lfl'''IllIl.
Juh Cre:llillU
h,;...... Ilhlll. ~ ~ ,lilt
~i'.th} ~l'l ",;0.:,99
~II,IJ" I,. ::010 '1'1
NOT LESS THAN $10.00
:HL,... .: 'J
"I.' \'" \,' ~ l - ,
NOT~~S ,r~~ $18.00 ~
I--n-; 1llDh. il' unutlle III
sellarale 1'-1'11"1'\
.Illh (n,:ui"n
.I..h l{clenlilln
lI"url~' ,'aluc .,1'
1l":lllh InsurancI:
, ,
,) .70
:;2. H;h Ih.: r'.....lpi~'nl :.,bi,., ,J ~ ~ (,,'~' Qu,"liol" 19. ,~O ;Ul<.l.~ 11 ;U\.J fulfill"..! :"1 ,'bti~;'thli\~ ,.ll\,ulall:\lllllh.: <lgl\:"'ll\":IH'~
1.\lcll'k /11/,' I ..1 Y..:' ..1 ".,
.
U':['H. ,.,1' Tr;.u.l~ Irro\: U,,:,'il,~nH\,;' l)~' ~1,'pt1l1:'\l
~Utl~ \lil.lh.:-~~'ti.1 HI''''''''':'''''' ,.\......I:O-(:lIu,.;Io.. ~\ll \\ 11/.!~~/lJ.:?)
--
p~,~~ .\ 'If J.
j;:;Q..\~
?- c> 0 "':l---" ~ ~ "'?-- 0
S\.:\,'tioll.J (;o"l~ allCll'uhlh: J'UrpIIs\.: Jdcllliri\,.c1 illlhc '\!lrCl'mCI11
t
2~, :-'Ii.nn. Sl;.j!- * 116JIN~ r~'4\1ir..:~ lh..t hll"illl.:..S ~ll~~itly <lIlJ llll;!n<.:ial <lS"iSI;ln....o.: ~~p...,..:"''''Il~ ~h'h': a publ!.: !-,urp"''''. Whkh
III th..: [(>IIO\\'lno; publll': purp"'..:" w..:rl/' :,la[..:J in lh.:: ,1j;n:":Il1..:nl'.' 1.\4.lJ'k (dltl1w ellll,ly, )
I
Rnh.ut..:ill;: ':COllllll1l':: Ji\'..:r...i[\,
X!X:r""lirlj1 hi,;:b-\ju:lIIIY jot:> gf(l~\'\h
.:J Job rctO:lltillll
:J Sw/:liJi7.ing [h..: l.'(lInllluniry
~l.'n.:a,..in~ "IS basI.' ',,;:mllllll'>c .1,,1~ purpo'o:)
.:.J Oth.;r (JI/r:ctJe -l1'~dr"1
.
:~. lnuk<ll": wh\.'rber [he ;\j;ro:..:me-nt induJo:d the- (ollo\l!in!; lyp.;~ of ::ouls. Ollld whe-rh.:r th..: recipi\.'nt hau ..l!ain,,<.llho~"" ~I'ab
;.tt (hI! timc I'T lhl.' repMt, t fill iI/lite b(lXd till/I (lIU1bllll~11l (/cl,,'fsl Jt,,. rlldl,llOCl/.1 -
A) Sp.:citk wage and job ~()ub to be alt"inl:d within 2 y"an;
B) Other jOb-,rcution anJlor retention goob
C) Otho:r W<lgc gouls
D l Other ;:o.:h other lh:ln W:'lgc >lnu job goals
..
Gouls
e"[<Iblisht:lr~
XXY es :J So
:J Yes :J "'0
:J Yes :l No
:J Ye." :J:-.;o
TariCl ~\ltai"rnen( All gO<ll:<
d:JfCS Imonrh & year) uttaino:cJ'?
Februarv 6. 20<Jll.Yes :J ;\"1'
:J Y.:~ ::) ~o
:I Yes :J No
:J Ye~ =.r:",,()
(P/tt".<<t <111<1('11 de,\"o';f'ri()/I.. ,'f"'::f'<lIs (md Jlrtl7r~.H WII'(Jr((
(I/fcliJlm(!lIi (t'I/OI (/1/t'WI//fIl(l!c! in QI/(',w;mls 30 (md 31.)
30. For e>l!;h uf (he f('lllllwing wu~~ ':Jlcg()ri~. i"clical~ th..: job crealion andlot' n:ll:nrion goalS ~tatE:u in the-
;lgn:cm..:nf :lntl che :I\lcmge hourly \lulu.: of any .:mpIC'lye-r.pf'l,wideu hculth insurJn(,;c~01II.s ior those. jtlb~. (f2!lLr. in,[in(/<! Job
atilt/oil gila Is ill ./ilil-titll<! r!(Juil'u/ellt,c ((W(' IIr!! lII/(1hlt: (0 .W/pl/rotl! grit/f.\" II,\" jit/', (11Id perr/-IIt/le IlIIsili"n(.t
Full-lllne p-Jn.llmtl .-n: 'w if !W;\1s lIot
. Hourly \V,,~~ Job Sca~..nulrr..mp. ,wll!d;lli l'T/YT I Job l{I<tl!ntiOI1 HIlllrl~ \' "Il.!l! uf.
lcxo.:\udinll b"n"ntsl C~oIti..n Job Cn:..tioll Job Cr"'.ltivn Ho:alth IMur:al)ct
m' hl'llrl~ wage.I"""l.'lgI\:II -- -- ,- ---..-. ':1---.
kss lhall 57,00 . .~- -_.-- ,
---- --'.
$7,oO:Q S~.1,)l) --- _..- , -+_...
. - ...-.....
59,(l(l,n $IO.l)'1 -- -_. .. ---.........- I
._- ---
NO~ rJs~,~~ I :l~ $12.00 2 ,
-' -"- -- ---- ,--
NOT LESS THAN $14.00 1 ::io____
&1: ..... . !11.J1 ....-- ----..... -- ----
NOT LESS THAN $16.00 1
!iJ.I ".. " ',?:r . ' -" . _ ~4_ ~-'
~ I. j)lR:r ..:~:h~;f (h~=~W;~~ ~'~a~~ ":lIl:',orks, indic~ll~ lh... l'UlTlb~r of lI~tuuJ job~ ..:reaf~J JndJor w~ti!\<:tI ~in'c rnr: b~lldl[
, rJ~lt..: ,1IId th..: actual houri" \'~~ue of ~ny .:tnployer.pro~'irJeJ health immr..m..:c for those jobs. (Q11b: ill(linlle )0/) ('rltalio/l ill
,tlt/I.rillll: 1/,-/11;' 'all/Il/.< if )",;u (Ife (1Jl(,/?lf !(J II/II(,rwe joll <"I"eWi,," illl(l/id/. (/11(1 /1/1,.t.lilll<l/Jo,ri/itlll.\".)
full-timl! !"-.In.llm"" tTJ:: 1!!l1!!. it unllbll" hI
.. Huurl)" W"gt Jvb S':Il$lllUlllT o:nlp. sep,ar.lh. ..,.IPT) Jllb Rl:tl:ntion ' Hout"~' \':alu!! Ilf
(lI:u:ludin\t b.melit.5) Cr~til)n Jllb C~.lli,'n Jub Cre-.ldlln "llalth lnsuran<:e:
<
I.;,~ th,n\ S 7.00 -- - - '-
-
57,Ol) II' 'iX.I)!) - - )~---
- .....-
1 >-
59.DO w SI (l,9l) -'- --, --- ---...
NO"! LESS THAN ~12_00 Z. )--
S-I..\~\~\...-.;'l:.~ ) ___I ----- -- ----
NOT :k~~~ 'F~ $14.00-.1___
NOTs~SS To/ $16.00,-'~__.
J!?1H];:~Sr\.,J~ ;IJht~'~~~1 i.!tJ~ (~.: Qll..:"ti01\~ ;9. .~() and _~ I) ;lI1d fulII 1I..:,J ;111 ,1bli,ollth'l1.. ,ripul:ll..:d in lh..: ':.tgr,:clTl":l\["l
Iy." .:.J \io '
(.\/(//'4'011('.) -, '
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.-
:!t)(}~ ;\li1ill~S"('II~\I~i"....s~ A..i~t"n..:.:: 1',Irnl ( 11:?3IU::'1
p.~:;.:: ~ "f J.
Oo:pt l'fTr..u.....t 10":\1\1."11;" D.:\d"l'm<:,Tll
11M 18 '02 02:09PM CITY a:- MCtfrICEl..1..0
\~ 0 Q.
P.3/3
"<Y\~\'6. ?-OO~
.
SeedeD 4 Goals and Public Pul1Jose Idelltified ill th~ A,numcat
211. Mimi. Stat. '1\6J.994 rtql,lires tMr business subsidy m4 rmmo;illl B5isaftec 2pcmdtl: ft.~ . pubUe 1Nll'C*. W!\ic:h
of die roLlowi.nS public; purposes were sared in lhe: qreanmt? (MaAr. t1H rJvu rIIppl1J
a !nhmtritls cconomic: divftsicy
I CtadnS' bl&h~UlLIity jab gruwnh
C Jolll'l*ndon
a SlillbtUl:tng mc: c:omrmm.lry
~tncrasing tal hsI: (..aoe be only purpose)
C O!hcr ~..-=ib)
o CJdMr (p1Mft ~J
o Odw {pIetIft spclhJ
%9. [acUc= -Nhcdlcr dill zsr-mt lDelucW tb fbllGwiDg cypcs or"'lIId wtadu=r lite rc:ftricm: 1IaI ~ccl dlose seals
IE die cleM of Ibis rt:pm:. (rJI tIr 1M __ _ .,,~ a.(s) j&r et:dr pJ.)
A.) Specific wase _jab Seals ID be IIttiIiacd wi_ Z yean:
B) Ocbet Job-=raadon Dad/or t<<COdClIl. goals
q CII1'MS' wase ..-rs
.D) Od!er Slnl& otbcr WR wqe =djob,gom
Gals
CRdItisbCll?
.~ONo
OYa; QNu
a Ys C No
Q y'r:s 0 No
TarIC aa:dmacnc
-- (rnoadt .. )NlII')
~"''bt:. 1. 2002
A1l goals
~'?
Qy. Cl'oICI
C YQ: ONo
C Yd CNa
Q yC!' 0 I'lQ
(Plft# tlIIIWt 4at:rlprloflS e(grJ~ IJNi prrJrreu lDWtIIfI
1I/:tI:li.-.nlI[Ml.lRf::,..Gt.. '" Qw:rrirllll 30.)
30. Far ach of'me (eUow{nc '\'WIe ~ ~ die job c:RlIQoq. aviJlor ...r-ci.ib pals SIUeli III tIu:
~=t aM eM -average bl:Jurly value ofllDY c:mp~Yidecl baltb. ~ pa.Is fbr chomjobS'. (~flldle4C
job t;rQJMfI p4/l ""Irdl-dml! ~ tfytJr/. ~ ~ '" ~~ gotJs "" )Jr- ruttJ.~cilrre prmnorc.r.)
. .
flllJ.l:illll!! _ hr'I-dmef JTE C9t! Itp." ...
S.W'ly Wale Jo~ S-uT~. !DdIlIIlIS FTIPT) .r.b "'r1J' v,r.. or
(cu:I"':'" ,-,na) Crar:iGn Job CIClldoa .I.. Ct'l!:IIdoa AccaciOD Hall" z.ll....n-
no hDurft wsplewl ,oJ1 - - - - s-
. ~ - - - - s_
JaJl.t..US... .$ 8. SO 71 .1-
- - - -
~ - - - - '-
~~,$12..00 ..1i.. - - - !1_
M ~ .. 'Aj - - - - '-
^- .1'..... "'~'. - - - - .-
IB31. ForC8Cn otchc. tollowfnS "'laIc campiat, iadicma 1M aamblCl' 1lI(2mudjobs crawd V11d/ar l'IaiIIlli:clace mebcftdlt
, V d:Ke and die l&1lIUI haurly vw1ue at my maployG'-pnMded balth iu:ttazlce flllt mo.. jobs. ~ l1It!karejDb lftrIIttc:I" tn
fiJl~ equINlGdS'I/1"* rIII'e "".)Ie to ~jtJ6 ~ ;"'111.0- NP.on-r;". ~rr:I.)
FuIl.oliIlllCl Pu'CocIM n'E to..... I( ...bl;, ..
IIooId, Wap ..... !or......"..... ~...... JTI1"1') .Job B.....rr Vlble of
(cza.dia;J bc.efla) en.d.. Job C~ .JGb C,..dell a.-,.d_ JIalAtb J.....rllMe
"'.k1l1&;1t~ - - - - s_
~ ~~5 - - - :dJl.-
AT. LEAST $3.:50
S~L n _ '} - - -
~35~ _ - - - J_
AT teas!: $12.00:j- <15 y.~~
1 .)9 - - -
.lI "'D.... - - - - s_
32. HI$ che r;l:ipienr ~ ~ (s= Qucsti. 29, 30 _ 31) Md IWtillcd !!l.~liQSriun.s s:ipuWlllt in t}le ~t?
(MrvIc Cllt!!.)
.
aves SINo
21lQt MiM&IO~ 8_ft_ ~ I'arm
~F3or.
o..l"-"Do~ or~ck 1114 6conClftlie ~Jlft'lCIlc
ZOOIZOO III
S~NI~SYJ 3IQ AlIJ NI~ OLOS lLZ C9L IYd ZS:LO 3nL ZOOZI61/CO