HRA Minutes 12-01-2004MINUTES
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY
Wednesday, December 1, 2004 - 6:00 p.m.
505 Walnut Street -Bridge Room
Commissioners Present: Chair Bill Fair, Vice Chair Darrin Lahr, Brad Barger, Dan Frie,
and Steve Andrews
City Council Liaison: Roger Carlson
Staff Present: Rick Wolfsteller, Ollie Koropchak, and Angela Schumann.
1. Call to Order.
Chairman Fair called the meeting to order at 6:00 PM, and declared a quorum.
2. Consideration to approve the November 3rd, 2004 HRA minutes.
MOTION BY COMMISSIONER ANDREWS TO APPROVE THE MINUTES OF
NOVEMBER 3rd, 2004.
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MOTION SECONDED BY COMMISSIONER FAIR. MOTION CARRIED.
3. Consideration of adding or removing items from the a eg nda.
Koropchak indicated that she would like to add a review of a recommendation to the
Planning Commission regarding the rezoning of Otter Creek Crossings to her Executive
Director's report.
4. Consent A~enda•
NONE.
Consideration of a progress report from Brad Johnson or Barry Fluth relative to Phase II
of Landmark Square.
Koropchak had spoken with Brad Johnson who indicated that Masters Fifth Avenue is
continuing to look at developing Phase II of Landmark Square. They have one
prospective tenant, an existing Monticello business. The proposed restaurant previously
discussed is still prospective as well.
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Fair questioned whether the land acquisitions had been completed. Koropchak indicated
that the purchase agreements had been reviewed as part of justification for TIF.
Koro chak noted that she had also s oken with a ros ective retailer who had expressed
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interest downtown opportunities.
Barger had spoken with a representative of the development firm that had completed the
the Rivage, a high-end condo/townhome development in Lake City. Barger stated that he
is specifically interested in Paul Wurm's block. Koropchak indicated that she had spoken
with him previously about the area. Barger recommended calling him to support the idea.
6. Consideration to review the final revisions to the Monticello Transformation Home Loan
Application Package.
Koropchak reviewed the revisions made subsequent to a meeting with staff members Jeff
O'Neill and Fred Patch. Koropchak stated that O'Neill had inquired whether Balboul
Estates should be included in the project area. Barger indicated that perhaps the entire
City limits should be included in the one-year pilot program. Fair stated that he believed
the primary goal of the program should be to encourage core City revitalization.
Koropchak reported that there are approximately 235 qualifying homes in the core city.
Koropchak noted that Patch had prepared a qualification form for potential applicants.
The form helps identify structurally sub-standard houses. Patch also noted that there may
be a potential conflict in the building official serving both as advisor and inspector.
Frie asked Koropchak to provide the amount available for the program. Koropchak
stated it was approximately $435,000 dollars.
Lahr asked about added parcel requirement. Koropchak stated Jeff O'Neill had
commented that if a substandard home or cluster of homes might be better served by
redevelopment rather than the loan program, the review team may want to consider
recommending that option rather than the transformation loan. Lahr commented that in
that case, perhaps some criteria should be outlined in order to make an objective
determination. Koropchak referred to language allowing HRA to make the determination
on whether the loan would be granting. Lahr recommended checking the language with
the attorney.
Koropchak noted that the loan summary sheet was also a new piece that had been
recommended by banker Paul Kleinwachter in order to give an overview of the project.
Discussion commenced on whether to extend the program city-wide versus just the core
city. The consensus was that the Commission was satisfied with the program as
previously outlined.
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Koropchak indicated that a special meeting of the Council and Council-elect had been
called to review the project on December 13th. Fair will attend to represent the HRA.
7. Consideration to review design sketches for marketing_core city development and the
Transformation Loan Pro rg am.
Koropchak presented and reviewed a sample marketing brochure promoting both the
program and the core city in general.
The Commissioners recommended a few minor modifications, specifically requesting
additional or revised language that spotlights the transformation project. It was requested
that the focus of the brochure be on the loan program, while still referencing the
investments and opportunities downtown. Lahr asked for a chart illustrating the dollar
amounts available for specific project values in order for potential applicants to easily
understand the funding availability.
The Commissioners recommended that the HRA host an informational meeting for
builders and lenders to explain the project as they will help promote the project. The
Commissioners also discussed a workshop for prospective applicants.
8. Consideration to discuss term expiration dates of HRA Commissioners.
Commissioner Barger's term would expire in 2005. Commissioner Barger indicated he is
willing to serve additional term. The recommendation for an additional term will be
provided to the City Council.
9. Consideration to authorize payment of HRA bills.
MOTION BY COMMISSIONER ANDREWS TO AUTHORIZE PAYMENT OF HRA
BILLS.
MOTION SECONDED BY COMMISSIONER FRIE. MOTION CARRIED.
8. Consideration of Executive Director's Report.
Koropchak provided information on the Otter Creek Crossings performance measures,
rezoni~ig and covenants. The covenants and performance measures had been previously
reviewed by the HRA.
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9. Committee Reports.
Marketing Committee will meet Thursday the 9t~' at 7:30 AM.
10. Other Business.
NONE.
11. Adjournment.
MOTION BY COMMISSIONER BARGER TO ADJOURN.
MOTION SECONDED BY COMMISSIONER LAHR. MOTION CARRIED.
Chairman
Secretary
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