HRA Minutes 01-26-1988MINUTES
MONTICELLO HOUSING AND REDEVELOPMENT AUTHORITY SPECIAL MEETING
Tuesday, January 26, 1988 - 12:00 NOON
Monticello Country Kitchen
Members Present: President Ken Maus, Vice President Lovell Schrupp,
Ben Smith, Al Larson, and Everette Ellison.
Koropchak called a HRA special meeting for direction from the
committee since another developer had contacted the HRA office
for available assistance of Tax Increment Financing for a
low to moderate income elderly housing project.
Koropchak informed the committee of 1) Metcalf and Larson's
proposed development for a 24 unit elderly housing project
on the southwest corner of City Block 51. The project can
materialize with or without the acquisition of the Jones'
property if negotiations are unsuccessful. With the appraisals
completed by St. Cloud Appraisal, Inc. , Stelton's property,
Market Value of $15,500.00 and Monti Truck Repair's property,
Market Value of $17,500.00. The described area is zoned B-4
and would require amending the zoning to PZM by the developer.
2) David Hornig, developer of a proposed 40 unit elderly housing
project and three 12 unit low to moderate income family units
on the Lucius Johnson property near the Monticello Mall. This
property outside the Central Monticello Redevelopment Plan boundaries
eliminates the use of TIF. 3) Professional Planning and Development
Company of North Mankato has requested the possible use of
TIF to acquire the Eck property along Cedar Street and across the
street from the Raindance Properties Project for a proposed
development of two 24 elderly housing units or four 12 elderly
housing units.
Ken Maus informed the committee that preapplication deadline for
FmRA loans is March 1, 1988. Koropchak was aware of Mr. Hornig's
plan approval on the Planning Commission Agenda for February 9,
1988. If the HRA's goal is to proceed with the elimination of
a blighted area on Block 51 then negotiations with involved
property owners should be initiated and a request for rezone made
preferably forthe February 9th Planning Commission meeting since
they meet only once a month, and the Minnesota Statutorfes request
a two week publication notice for a public hearing.
A motion was made by Ben Smith that the HRA make the development of
Block 51 ft's first choice to assist an elderly project with TIF
based on 1) this area had been earmarked by the HRA as a prime
concern for some years. 2) it's in the created Redevelopment
Tax Increment District 02. 3) it eliminates blight, and 4) it would
help create pedestrian traffic for the retail/commerical
businesses. The motion was see.ondad by Everette Ellison, with
C no further discussion, the motion passed 5-0. If this project is
unforeseeable, the HRA would consider assistance to the Professional
Planning and Development Company.
HRA Minutes - 1/26/88
Page 2
CEverette Ellison made a motion electing Al Larson and Ren Maus
to contact Joe O'Connor and the Stelton's for selling concepts
of their respective properties (possible relocation sites, time
limits, and fixed numbers). The motion was seconded by Ben Smith
and without further discussion the motion passed 5-0. Koropchak will
research moving and relocation expense requirements set by the
Minnesota Statutory.
Ben Smith Is to contact Karen Hanson at the Senior Citizen Lounge
to set up a meeting at the center with interested elderly persons
for the higher quality townhouse livning concept.
By general concensus of the HRA members, the BRA special meeting
adjourned.
C --us--, \40. �,Q-s,'
011ie Koropchak
HRA Executive Secretary
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