HomeMy WebLinkAbout02-12-09 HEDRA Agenda NotesAGENDA NOTES FOR MEETING OF FEBRUARY 12, 2009
III. Bills. See the itemized list of pay vouchers that will have been paid through February 12 for
dadministrative expenses. Substantial bills for project costs will be submitted for approval before
payment. Action: questions, approval.
Ehlers $235.00 Finance conference
IV. Business
A. Business Subsidy Hearing and Resolution. . A copy of the proposed criteria is enclosed as
Resolution 2-2009. The Authority will be providing financial assistance and as a grantor of
subsidies. Under state law, grantors must adopt business subsidy criteria before making
assistance decisions. A public hearing on the criteria must be held before discussion and
consideration of adoption. Commissioners are requested to let the staff know if they may
propose changes. Action: The criteria resolution requires board approval. (JG)
B. Land transfers. See attached maps, information. The HRA board authorized the preparation
of deeds for the transfer of HRA property to the HEDRA. There are two HRA properties which
might be exceptions: Oliver?s Grove and Lot 1 of Block 3 may be considered public rather than
private development property. Action: Direction to staff and counsel: whether either of the
properties should be deeded to the City of Hastings rather than to HEDRA at this time. A public
hearing will be held before any transfers are executed. (JG)
C. Industrial Park cost-benefit analysis. See the attached report. The board requested additional
information on the public investment and job/tax base creation in the park to date. The board is
asked to discuss and consider a recommendation to Council: whether the City price for the land,
considered as a market sale, should be the 2006 appraised price of $2.35 per sq.ft. - or set to
cover the city?s investment and be more consistent with current market conditions. (JH)
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D. 315 3 St. E. Verbal report on discussion with realtor, inspection and relocation consultant.
Mr. Osberg and Mr. Kramlinger will describe the City-School District Joint Powers Board?s
plans for the adjacent Senior Center. Action: Staff requests direction on hiring a relocation
consultant and settling on a price and terms. A final decision would be made after a price and all
other costs are firmed up, at a future meeting.
E. Block 29. See attached Request for Proposals. Discussion and if acceptable, action: approve
terms of RFP and authorize advertisement. This is the 2008 RFP with two significant changes.
One, the price has been reduced from $176,000 to $140,000 or from $10 to $8 per square foot.
The latter is the current assessor?s market value. In the spring of 2008 the $10 price was
considered high for the location. Two, a period of two years is allowed after entering an
agreement for the developer to recruit tenants and secure financing in order to close on the
property. An interested developer advised staff that he would need that amount of time in
today?s conditions and the state of the office market in Hastings. (JG)
V. Reports by staff
A. Potential and pending projects.
1.Downtown updates: (a) possible Haley expansion (b) Federal funding for park and ride
lot on Block 16.
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2.Vermillion Street updates: (a) 11 Street inquiry. (b) Midtown ? consultant opinion. (c)
Renaming Super 8 (d) Mann property inquiry.
3.Industrial Park update: Spiral Blvd Reconstruction Project, 2009.
4.Housing programs: Report on request for assessment assistance at meeting. Request from
HPC (attached) to consider changing the rehab loan program for historic properties.
5.61 Bridge update: impacts on Hudson Mfgr. Co., other businesses and parking.
B. Goals and work plan. Discussion of how the board wishes to proceed with goals and plans:
interviews, studies, workshops, committees, prioritization.
1.See the attached draft goals for HEDRA
2.See example work plan from Northfield.
3.Discuss need and type of research and/or workshop sessions related to goals and work
plans.