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Resolution Approving and Designating Dominium or an affiliate thereof, as Tentative Developer for the HRA Owned Parcels at 740(a portion thereof), 724, 722, 716, 712 and 710 East 7th Street, and 412 and 406 Bates Avenue; District 4, Ward 7.
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WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the "HRA") is a public body corporate and politic established pursuant to the provisions of Minnesota Statutes, Section 469.001, et seq. (the "Act"); and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota law and the HRA is authorized to engage in activities relating to (a) housing projects and development, (b) removal and prevention of the spread of conditions of blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) disposition of land for private redevelopment, and (e) improving the tax base and the financial stability of the community, and to engage in the aforementioned activities when these needs cannot be met through reliance solely upon private initiative and which can also be undertaken in targeted neighborhoods; and is authorized to create redevelopment projects as defined in Minn Stat Section 469.002, Subd. 14; and
WHEREAS, as described in the staff report accompanying this Resolution, HRA staff issued a Request for Interest for the HRA owned site consisting of the following parcels of land: 740 (a portion thereof), 724, 722, 716, 712 and 710 East 7th Street, and 412 and 406 Bates Avenue ("Development Site"); and
WHEREAS, several responses were received to the RFI that included proposals to use the Development Site for residential and commercial purposes, and after reviewing all the proposals, HRA staff is recommending that the Development Site be split into two separate projects, one for residential uses and the other for commercial uses; and
WHEREAS, staff is recommending that Dominium be granted tentative developer status for the Development Site except that portion of 740 East 7th Street included in the proposal of Mississippi Market ("Commercial Site") because Dominium's proposal to construct up to 110 units of affordable senior housing ("Project") on the Residential Site best accomplishes the stated HRA goals and objectives for the residential use of the Development Site and Dominium has the demonstrated experience and qualifications necessary to successfully redevelop a portion of this Development Site into affordable housing; and
WHEREAS, by a separate resolution this Board will be asked to designate Mississippi Market as tentative developer for a portion of 740 (a portion thereof) East 7th Street; and
WHEREAS, this Board finds a public purpose for the Project insofar as it meets the City's goal of production of affordable housing options for low and moderate senior population, it will redevelop a vacant and polluted parcel of land, and it will enhance the tax base capacity for the City; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota that:
1. The HRA Board of Commissioners hereby approves and designates Dominium or an affiliate thereof, as tentative developer for the Residential Site for a period of twelve (12) months from the date of approval of this Resolution.
2. During this twelve (12) month period Dominium or an affiliate thereof must complete at its own cost the following with respect to the Residential Site:
a. The design and architectural style of the Project including the site plan, elevations, exterior treatments/materials and interior schematics suitable for submission to the City's Department of Safety and Inspection for review. The final plan must incorporate the HRA's green/sustainable building and development guidelines.
b. The architectural/engineering plans and specifications for the Project.
c. Finalize a development budget including the rental levels of units and secure necessary construction and permanent financing, and complete a sources and uses of funds for the Project. d. Obtain qualified property manager.
e. Finalize sewer, water and utility plans.
f. Work with affected community groups on the design and style of the Project including without limitation the Dayton's Bluff Planning Council.
g. Receive all approvals for zoning and licensing required for the Project.
h. Complete any necessary inspections of the property since the Residential Site will be sold "as is".
i. Obtain relevant market studies from a consultant approved by HRA staff.
j. Receive approval from the Minnesota Pollution Control Agency for all required clean-up plans.
k. Negotiate terms and conditions of a development agreement with HRA staff that will include an environmental indemnity from Dominium.
l. Take such other actions as reasonably requested by HRA staff.
3. If Dominium or an affiliate thereof does not timely and fully complete the tasks specified in paragraph 2 above, then the tentative developer status shall terminate without further action of this Board.
4. A development agreement must be submitted to and approved by this Board but nothing in this Resolution or the actions taken by Dominium or an affiliate thereof, in connection with the Project shall be construed to require this Board to approve a development agreement.
5. The HRA Executive Director, staff and legal counsel for the HRA are further directed and authorized to take all actions necessary to implement this Resolution.