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HomeMy WebLinkAbout06-02-11 Agenda NotesHEDRA AGENDA NOTES FOR JUNE 2, 2011 MINUTES Please see attached HEDRA Meeting minutes from the May 12, 2011 regular meeting your review and approval. BILLS MayBills Himle Horner$2,138.50Marketing Services -April Please seeattached general ledger detail for further information. BUSINESS A, B, & C – Sale and Development of Lot 1 & 2, Block 29, TOWN OF HASTINGS – Carlson Capital Management\Stotko Speedling The Commission is take the following actions related to the sale and development of Block 29 to Carlson Capital Management to develop a +/- 3,800 s.f. office building on property owned by HEDRA: A. Hold Public Hearing to Consider the Sale of Land. B. Authorize Signature of the Purchase and Development Agreement between HEDRA and Carlson Capital Management. C. Authorize Signature of a Termination of the Preliminary Development Agreement between HEDRA and Stotko Speedling. Please see the Sale and Development ReviewMemo, Purchase and Development Agreement, and Termination Letterfor further information. D.Extension of Purchase and Development Agreement – Block 2 – TOWN OF HASTINGS –Three Rivers Place, LLC Bob Abdo of Three Rivers Place, LLC has requested that HEDRA extend the Purchase and Development Agreement for a portion of Lots 1 & 2, Block 2 until July 31, 2014. The extension would be consistent with the City Council’s recent action to extend the Site Plan and Special Use Permit for development of Three Rivers Place, a 39 unit residential condominium development approved in 2005. Three Rivers Place owns the majority of the site, with HEDRA owning a small portion. Please see the attached Resolution for further information. HEDRA Meeting Packet - June 2, 2011Page 2 of 46 REPORTS A.Marketing Update Chuck Tombarge and Colin Cox from Himle Horner Inc. will attend the June 2, HEDRA Meeting to present a high-level analysis of what they have learned from the recent audit calls they made to local business owners. Along with discussing these findings with the commission they would like to also discuss the Commissions goals for the overallmarketing plans so that as they begin the next and final stage of the project, these goals can be achieved. B.Hudson An update on Hudson activities will be presented at the meeting. C.TH 61 Bridge thth The work at 5Street has been completed. The 4Street light is scheduled to be th temporarily removed in about two weeks. The temporary 5Street light will th serve until the 4Street light is put back in service. Complaints about bridge contractors parking in prime spaces have been heard. Further contractor parking has been made available in the southwest parking lot at Hudson Manufacturing. D.Downtown Hard Wired Alarm RFP Pre-bid walk-thru’s were completed on each of the 35 mixed use buildings in st May. RFP responses are due June 1. Results will be presented at the meeting. E.Block 1 Parking Lot Landscaping The condition of landscaping along the bituminous parking lot on Block 1 downtown is in poor condition. Weeds are growing through and the plastic sheeting is torn and exposed. Staff is working with Public Works and Parks Departments to repair the landscaped area. The estimated cost is $1,200. th F.Workshop Meeting June 9 th The HEDRA workshop will take place on June 9 between 6:00-8:00pm in the Volunteer Room at City Hall. DINNER WILL BE PROVIDED. Please let me know if you will not be in attendance. ATTACHMENTS HEDRA Minutes – May 12, 2011 – Regular Meeting General Ledger Detail –May, 2011 Sale and Development Review Memo – Block 29 Purchase and Development Agreement – Block 29 Termination of Preliminary Agreement – Block 29 Resolution – Extend Purchase and Development Agreement – Block 2 HEDRA Meeting Packet - June 2, 2011Page 3 of 46