Title
Approval of the February 27, 2013 HRA meeting minutes.
Body
ROLL CALL
Present: Commissioners Bostrom, Brendmoen, Carter, Lantry, Stark, Thune, Tolbert
CONSENT
1. Approval of the February 27, 2013 HRA meeting minutes.
Commissioner Stark moved approval.
VOTE: Yeas - 7 Nays - 0
PUBLIC HEARING
2. Resolution Approving the Sale of Land and Conveyance of Parcel 414 Edmund Avenue under the ISP/NSP Program, Thomas-Dale, District 7, Ward 1
Ms. Cecile Bedor, HRA Executive Director, stated that the HRA purchased 414 Edmund in November 2009 with NSP funds for $59,900. This foreclosed two-story, 1,840 square foot home with four-bedrooms, two-bathrooms was built in 1890. The property is being sold to Isabel Nelson and Diogo Lopes based on the after-rehab appraisal and in consideration of NSP costs for $148,900 with an owner-occupancy deed restriction. Total gap assistance is $103,801 with program income estimated at $124,400.
Chair Thune announced the public hearing. There being no testimony Commissioner Carter moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-53
VOTE: Yeas - 7 Nays - 0
3. Resolution Approving the Sale of Land and Conveyance of Parcel 884 Thomas Avenue under the ISP/NSP Program, Thomas-Dale, District 7, Ward 1
Ms. Bedor stated that the HRA purchased 884 Thomas in October 2009 with NSP funds for $42,000. This foreclosed two-story, 1,225 square foot home with three-bedrooms, one-bathroom was built in 1906. The property is being sold to Michael Holum based on the after-rehab appraisal and in consideration of NSP costs for $124,900 with an owner-occupancy deed restriction. Total gap assistance is $61,612 with program income estimated at $101,400.
Chair Thune announced the public hearing. There being no testimony Commissioner Carter moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-55
VOTE: Yeas - 7 Nays - 0
4. Resolution Approving the Sale of Land and Conveyance of Parcel 755 Magnolia Avenue East under the ISP/NSP Program, Payne-Phalen, District 5, Ward 5
Ms. Bedor stated that the HRA purchased 755 Magnolia in December 2011 with NSP funds for $105,000. This foreclosed two-story, 1,150 square foot home with three-bedrooms, two-bathrooms was built in 1921. The property is being sold to Angela Montgomery based on the after-rehab appraisal and in consideration of NSP costs for $132,900 with an owner-occupancy deed restriction. Total gap assistance is $179,955 with program income estimated at $109,400.
Chair Thune announced the public hearing. There being no testimony Commissioner Bostrom moved to close the public hearing and adopt the resolution. Approved as set forth in resolution RES PH 13-54
VOTE: Yeas - 7 Nays - 0
Commissioner Carter asked how the public could find information on the properties that are available for sale.
Ms. Sarah Zorn from PED stated that there is a team of brokers that list the properties, including listing on the MLS, post on social networking sites, and use local newspapers to advertise the properties. In addition, the City has established a website: www.stpaulcommunities.com <http://www.stpaulcommunities.com> which lists all the available properties that are for sale, along with the eligibility requirements, including income restriction information.
Ms. Zorn also stated that people are welcome to contact NSP staff if they have questions concerning HRA-owned properties, or are interested in purchasing an NSP home. Staff works to retain a list of interested parties, and then contacts people when a property becomes available for sale.
5. Resolution Making Certain Findings with Respect to Substandard Buildings and Authorizing Execution of a Demolition Agreement with Ford Motor Company, District 15, Ward 3
Ms. Bedor stated that Ford Motor Company owns the former Twin Cities Assembly Plant in Highland Park, and that Ford, the City, and HRA want to ensure redevelopment of the property.
In order to get the site ready for redevelopment, Ford wants to demolish the buildings on the site, including the substandard buildings, now. In order to preserve the HRA's ability to provide TIF in the future under a Redevelopment TIF District, the HRA must make certain findings prior to the demolition of buildings.
Ms. Bedor continued, stating that the HRA retained Compass Rose Consulting to prepare the TIF Eligibility Assessment Report. Ford paid the Compass Rose fees to prepare this report. This report qualifies certain buildings as meeting the definition of sub-standard under the TIF law.
Therefore, per the resolution, staff is asking the Board to confirm the Compass Rose findings, and approve the demolition agreement with Ford.
Ford Site representatives Mr. Steve Bill, and Mr. Mike Hogan were present at the meeting, as were PED Project Manager, Ms. Jenny Wolfe, and PED City Planner, Merritt Clapp-Smith.
Commissioner Tolbert moved approval. Approved as set forth in resolution RES 13-347
VOTE: Yeas - 7 Nays - 0
ADJOURNMENT
Commissioner Carter moved adjournment. The HRA meeting was adjourned.