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HomeMy WebLinkAboutHEDRA 05-14-09 Agenda and NotesHASTINGS ECONOMIC DEVELOPMENT & REDEVELOPI\1ENT AUTHORITY Agenda for Nlap 14, 2009, 6:00 pm. CSt`~ Hall CSty Council Chamber I. Quorum- II- 1\,linutes of April 9, 2009 III. Bills IV. Business A. Proposal for evaluation of Hudson relocation B. Block 29 draft preliminary agreement C. Planning ~a~orkshop -dates and agendas V. Reports and Information A. Dental Arts update B. 31~ 3`d St E update C. Spiral Boulevard update D. 23`d Street Intersection Study update E. Bridge process update F. Block 1 update G. Vermillion Area update ~'L Adjourn AGENDA NOTES BILLS American Legal Pub. Bradley-Deike Ehlers Assoc. First .American Title First .American Wilson Development BUSINESS $75.00 City code book for HEDRA $176.00 Rehab legal advice $570.00 Financial analysis - P&L $6,000 Title research and exantination for Block 1 between 2005 and 2008. $1,083.00 Owners title insurance: Block 1 $88450 Relocation/acquisition services, 31~ E 3`d A. Proposal for evaluation of Hudson relocation. The attached memo explains why staff requested Sebesta Blomberg to make dte proposal The Board is asked to consider funding the study at anot-to-exceed cost of $33,400 out of HEDRA funds. The fiords u e available, although a budget amendment will be needed to allocate them. Timing is important, as decisions have to be made with the bridge schedule in mind. The study will take about six weeks. B. Block 29 draft ureliminarv agreement. The attached draft preliminary an Bement documents the Bo:nd's acceptance of the concept proposed by Stotko Speedling Construction for redevelopment of Block 29. They have the draft and will comment before the meeting. If both the Board and the developer ate satisfied, the board can approve the agreement for execution. The agreement says: • The developer has until June 30, 2012 (3 yeu s) to sign a development agreement with the Authority. The Authority will not entertain other proposals dining this time. • The Authority expects that the sale price of the land will be nominal. The agreement provides drat an analysis of dte return on investment will be made to justify the price when all the costa and rents u e knovrm. • The developer will seek a tenant or purchaser for the extra space in the building. • The developer will refine the design and costs. The final plans will generally be consistent with the plans in dte proposal. • The developer will seek a commitment for financing. • The developer may conduct soil and environmental tests and update the title. C. Planning workshou -dates and agendas. The conmtissioners :n'e requested to consider dates acrd times in the few months for a workshop session. Days or evenings are possible. The length might be two to tluee hours. Its important that as many of the commissioners and staff as possible participate. Staff will prepare a calendar showing vacation periods if members have any plans to share. known staff vacations are the week of June 22 and the weeks of July 20 and 27. The focus would be on EDRA's future roles and goals in economic development or redevelopment benefiting the city. Some examples are enclosed. Identify priority questions, concerns or projects for the ~a~orkshop agenda so that staff can prepare. Some examples: The impact and importance of commuter bus or train connections to the metro core, local mobility, development needs related to a transit center, and use of HEDRA property. The state of existing or potential manufacturing and services businesses, local employment considerations, future infiashucture and space needs, possible locations, use of Industrial Park or other property. The need for intervention in specific residential neighborhoods or commercial zones with actual or potential blight. Rese:u'ch policies or programs that encourage reinvestment and improvement. REPORTS A. Dental Arts The City Council granted preliminary concept plan and land credit approval on April 20, 2009. Mr. Iocco is completing civil engineering and :u'chitectural plans in order to submit for Site Plan approval. B. 315 3`d St E Wilson Development Services has notified Pete Nelson, the realtor, that the EDRA Board and the owners are far apart ar'e price and suggested meeting with the owners to discuss whether there are other ways of coming to an agreement. C. Spiral Boulevard The City Council is scheduled to re-examine Indush'ial Park Improvements at the May 18a' City Council Meeting. With the assistance of properlu owners, the Engineering Department has developed an alternative to the April 6a' Industrial Park Improvements. By eliminating storm sewer and some trails, the front foot assessment for improvements has been reduced from $68.40 to $45. Engineering has also examined putting in curb only (no storm sewer). The curb only option would increase the rate from $45 to $47. Please see the attached letter to property owners for further information. D. 23`d Street Intersection Study The City Council accepted SEH's proposal for services at the May 4a' Council Meeting. The scope of services includes the following: • Data collection including h'affic counts, turning movements, and crash data. • Traffic forecasts • Traffic analysis • Intersection Control Evaluation Report for potential siglralization • Backage road concept plans Staff will hold a kick off meeting with SEH on May 20. The project is anticipated to be complete by September 1st at a cost not to exceed $40,000. E. Bride Process n1N Dot has completed the Environmental Assessment for the TH 61 Bridge. The comment period began on May 4, 2009. Comments will be accepted through 4:30 p.m., June 17, 2009. A public hearing is planned for EA public involvement on this project. The public hearing will beheld on May 20, 2009 at the Hastings City Hall from 3 p.m. to 7:30 p.m. with presentations at 4 p.m., 5 p.m. and 6 p.m. Comment cards will be available at the public hearing for written input and a court reporter will be available to record verbal comments. The EA is available for public review on the project website at tt~~~~~.dot st.xtc.mn.uk motto/p~otccts;ha,tin~sbru9~rcaa F. Block 1 Block 1 has been transferred to EDR~. The owner's title insurance will be in the name of EDRA. The titles to the eight parcels on Block 1 required long, complicated and expensive work to cleat' exceptions and objections, and correct descriptions and easements. The HRA authorized finishing the title work, a survey, a new plat, and title insurance late in 2008. .Any or all of the three otttlots could now by_ conve_yed without delay. Greenhouse Village Properties called to ask if the Block 1 property was still available. They have built a number of elderly co-op buildings. Mark Finnemann, an architect, met with staff about possible multi-unit residential building sites in the City, including Block 1 and the Abdo property. They work with builders on elderly rental properties. G. ti erniillion Area • iylidtown Shopping Center -Salvation Army. The owners of Midtown Shopping Center have approached the City on leasing out the former Midtowm Foods space for a Salvation Army Tluift Store. Although the project meets the zoning requirements for operation, staff has concerns about how donation drop-offs would be handled. The rear of the mall (along Eddy Street) has very limited space, and is immediately adjacent to residences. The owner has been informed that accumulation in the open of discarded and disused goods is prohibited under Cily Code. Donation drop-offs (both during and after business hours) could not occur in open areas; an enclosed drop-off area for goods will be required. • Ed Peterson Properties - 1300 Block -Staff will be meeting with Ed Peterson on A,lay 13a' to discuss potential development. 1\,1ore information will be provided at the meeting.