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EDA 1995 07 20CHANHASSEN HOUSING AND R~DEVELOPMENT AU'I~ORITY REGULAR MEETING JULY 20, 1995 Chairman Boyle called the meeting to order at 7:00 p.m. MEMBERS PRF~ENT: Gary Boyle, Jim Bohn~ Don Chmiel, and Mike Mason MEMBER~ ABSENT; Charlie Robbins STAFF PRE~ENT; Todd Gerhardt, Asst. Executive Director APPROVAL OF MINUTES: Chmiel moved, Bohn seconded to approve the Minutes of the Housing and Redevelopment Authority meeting dated ~/une 22, 1995 as presented. All voted in favor and the motion carried. ,REQUF~T FOR HRA ASSISTANCE IN DEVELQPING A RF_,CRF_~TION FA(~II.ITY IN THE FRONTIER CENTER BUII.DING~ CHRIS POLSTEIL Todd Gerhardt presented the staff report on this item and introduced Chris Polster to the lIRA. Chris Polster: I'm not sure exactly, have you seen the outline? Boyle: Yes, we have it in front of us Chris. Chris Polster: You do have it, okay. Boyle: I assume the outline is the how much you're proposing for Chanhassen. Chris Polster: Right. And of course what I'm in the process of doing is putting together a business plan to I guess hopefully demonstrate tho potential for it's acceptance. My attorney and a gentleman that I'm working with,'who is an architect is here basically to kind of listen because they're helping me to do research and making contacts in tho right areas of design and everything else. So they're kind of here to listen, as much as anything. Basically what this facility is, I've been working on it probably for 5 years now. Basically trying to talk to Vernelle and Clayton and to me that facility out there, do you know which one I'm talking about? The Frontier Center, is good for almost nothing else as is anyway except indoor recreation. This facility is not meant to be competitive with the gym and you would notice in this outline for instance that our new recreation center and this are very much different as far as what goes into them. What activities are involved with thom and that's purposeful. It isn't an intention of mine certainly to be competitive with student recreational opportunities. In Housing and Redevelopment Authority - July 20, 1995 fact I find them to be complimentary more than anything else. The new recreation center, which is a god send to us but frankly it's going to not be enough already. You know we're going to be so crowded in that, that I think a variety of the other opportunities certainly isn't going to make I guess one or the other loss acceptable because they're both present in the community. The main mission that I personally have in mind I guess, or my motives, if I can make a living working with kids, that's kind of a dream come true situation for me. I spent almost all of my volunteer time in my life working with kids, whether it be with the CAA or previous community organizations. And it's just, I guess everybody's got a hobby and that's kind of my hobby. Working with kids, particularly the baseball, softball types of activities. So what I've been struggling with personally, I guess it's not...i'm not motivated by making the city beautiful behind the Dinner Theater or anything else. I won't kid you about that but I find it to be a useful looking facility for what we can do with that. To make this business "successful", based on the research that I've done with other successful and unsuccessful businesses, it has to be space that's used constantly and in order to do that, it has to have a variety of different activities that are interchangeable, and that's what you'll see here. You know you might look at all 12 of these things, which may not be totally what we can have in there but, you look at the building and say how can you get 12 things in there? You know that's not that big. 22,000 square feet isn't that big. But what this would be is interchangeable type of activity. The equipment you can bring on the floor. You can take off the floor. Bring different equipment on. Take different equipment off. And basically what we're trying to do is just design a very multi-purpose type facility with .activities that aren't commonly found in a local gym. What kinds of things do we need to do to make it successful to attract kids. I guess the first thing I have, that I think about that every kids has in common, what do they all like to do is eat, basically. -You know that's one thing I think every teenage kid has in common. They like to eat. So I think to make this important, you have to figure out a way to get food in there. Personally I don't want to have a restaurant. I don't want to compete with other restaurants but I do want to create a social environment so what I'd like to do for instance is talk to the other restaurants and say, I'd like to' get a menu selection from each of you. You know put on here...if you've ever been to Davani's, you know what it's like to go up to the counter and order some food and then 20 minutes later it appears at the table, or at the counter. Same situation here. One of the great .things about Chanhassen that is probably very unique, at least that I have found in the community, is a downtown area. You know everything is in the downtown area, by this facility, about 30 seconds away. So it's not too much farther to a restaurant than it is to a kitchen. So to make it successful, I think you have to have food and that's how I would get food. Assuming that I'd get the restaurant owners to work with me. Preliminary interest has definitely been appealing. I've asked for no commitments. I*e gotten no commitments because I have nothing obviously to offer. But I've been talking about the idea~ It seems like it's not- impractical. That's not to say that it is practical, but it's not impractical. As part of the activities, a variety of activities. One of the things, another thing that I'd like to create is Housing and Redevelopment Authority - July 20, 1995 something that is very unique, even in the metro area. That being wiffieball. Believe it or not, I do have commitments from 8 teams from here to Jordan that would like to play wiffieball in an indoor stadium all year long. The popularity, believe it or not of wiffieball is growing around the country and I don't know if any of.you saw Sports lllustratext about a month ago. It was actually the city of Cincinnati is amually building 4 outdoor wiffieball stadiums, just kind of like our Lake Ann complex and they're springing up all over tho country. To my knowledge there aren't any indoor wiffieball stadiums. One of the things we would create is an actual replica type of situation. Obviously you can't have a replica stadium so to speak in a small place like that, but something very traditional looking. Stadium like looking. Something that's just going to be fun to go to and be attractive I think to a variety. Certainly kids would like something like that. Believe it or not, these 8 teams are all adult teams so it's, another thing I think we have to do is it's got to be more than just for the kids. It's got to be something for a lot of people and adults, because kids aren't really going to patronize it, at least older kids aren't going to patronize it, I don't think, at least on weeknights because they're got their varsity games. They've got their homework. They've got all these other competitive types of situations going on. So if we ke~p it busy on weeknights, that is an example of one of the activities that we would use to draw a different demographic cross section of people. An arcade, as an obvious. You know it's a low overhead type of situation that's a revenue producer. Rock climbing wall is actually something that was suggested by a gentleman in the community that I believe has been working with you Don, Gary O'Neill saying, you know, I think you've got a block of kids there. He's a scout master and he brings flocks of kids over to the Bloomington and to the St. Paul all the time. $o I did some research into those facilities and they are in fact quite- popular. So the beauty of that is it's all vertical space. Not...lot of space. $o again, as a revenue producing type of activity...produce that kind of revenue. It doesn't take up a lot of space so you {:an all this other. Short of going through everything on here, because obviously you can read. What I think I need to have is community involvement. For one thing I still, after 5 years, I don't believe I'm being taken too seriously by the Dinner Theater people. I should say tho property owners. I'm not saying, tho property owners, for one reason or another. I don't know if it's because they have different agendas maybe than I have or whatever and that's not meant to be criticism of them. It's just from a business perspective, we haven't been able to even come close together. I think the only way that is going to happen is if the community does show some support for tho need. And that's really what I'm here to ask you for. First of all support. From a financial perspective it is, I believe a TIF district. I think there's some advantages. You're going through a big program right now with the rest of that particular area~ I think it fits in with your dreams for that particular area, as far as it being a family area. I think it would be complimentary to the type of businesses that you want to put in there. So that's basically what I'm here to ask for is the same maybe kind of consideration that you might be giving to other redevelopment projects. I'd like you to consider it as a worthy project and then I guess I'd like to ask that you and staff work Housing and Redevelopment Authority - July 20, 1995 together to find out what kind of things can you do. It is difficult to succeed as a youth type of business. It's just a fact of life so. You know I'd like that to be different but it's a fact of life. A business without help from the community just isn't going to make it... So I don't know personally what kinds of things are legal and practical and sensible to do but as a visitor presentation, I guess I'd like to get it on the agenda to maybe we work together to try to figure out how we can help each other. What I would do for you is give a place for the kids to go. I think a lot of variety of types of kids with different interests and I guess what I would ask you to do for me is help me succeed in doing that somehow. Any questions? Boyle: We'll go around. Thank you Chris very much. Mike, why don't we start with you. If you have any comments. Mason: I'm intrigued. About a million questions pop into mind. And I'm not sure Chris quite honestly that you're necessarily the one even to answer them. I'm very intrigued about something like this happening in Chanhassen. Lord knows we have thousands of children. And I guess I'm not even sure where to begin. Chris Polster: Now's a good time Mike. Mason: You're right Chris. I mean this, you know I look at this and I go, well god yeah. Sign him up. Lefs do it, you know. I'm curious to know where this would fit in with what is already proposed for that area. I'm also curious to know, I know Don has been talking for quite some time about some kind of youth center. What would happen if this got shifted over to the Pauly's building. Now there'd need to be some expansion there, I would guess for that to happen but, as it stands now, no. It wouldn't fit. But I thin} this is some~ing really interesting that I think we need to take a real long serious look at. Boyle: Okay, Don. Comments or questions. Chmiel: No, I think les, maybe kids are always close to each other and I like to find ways of keeping children within the city of Chanhassen busy, doing creative things rather than destructive things. And I'm not saying that doing this but I think as they grow older, they progress. They need a little more areas to go to. I think there could be a potential with something like this, and of course I think from your aspect there's a lot of liabilities that you have to really look at and what those may be. Right. And I'm looking too as to total mount of dollars that we'd have from lIRA, even to provide to this. I'd like to see something a little more laid out as to what it could look like, inside as well as out. Knowing that 20 foot ceilings are not that high but a pop fly can go up many, many feet, even with wiffieballs. But there's a lot of things there. There's a lot of things that I'd like, or they could do it like the dome and put another cap on it. But yeah, there's a lot of things here. I'd like to know Housing and Redevelopment Authority - July 20, 1995 more about the demographics as to the areas we're talking about. I noticed here on the second page that you're saying that the accessibility of 9 communities by three major highways to 20,000 kids ages 7 to 18. I think that's great but I'm look'/ng to, as a business within the city being utilized by the kids from the city and, when you own the business you look at all aspects and I realize that. The overhead would probably be low and if some other things that you're even contemplating that you don't even have down here and I'm sure there are. I'd like to even find out moro about that. Chris Polster: So you'd actually like to review the business plan I have? Chmiel: Yeah. Mason: Gary? Boyle: Yes. Mason: Chris, I would kind of guess you're aware of what the current plans are for that area. Chris Polster: Partly. I'm not as detailed oriented as you are regarding that but as I understand it, the Frontier Center part is more conceptual at the moment say than the bowling alley part is. Mason: Have you talked? I mean what is, I'm assuming you've talked with Brad and Vemelle. What have they had to say? Chris Polster: Not much actually. That's why I say, I don~t believe I'm being taken too seriously still after all this time by them, which is one of the reasons I come to you. If-you're going to take me seriously, I think they'll take it seriously. Boyle: Chris what type of, are they common in any amount on the lease? Is there any dollars and cents being discussed at this stage? Chris Polster: Well I've had quotes from years past. As Todd mentioned before...V-emelle and she's, I guess one of the reasons I feel like they're not taking me seriously is because they made a commitment to get me the information I needed 2 weeks ago and they're still...Again, I don't mean to sound brash about that. Ifs a little frustrating for me but I understand their schedule, but I think if they were taking this more seriously, they would have had the information to me by now. It can't be that much different than it was 2 years ago, and 2 years ago what they had talked about was $2.00 a foot basically, or $48,000.00 for the whole facility for the, just to rent part or all of it and then of course the tax burden and the...added Housing and Redevelopment Authority - July 20, 1995 up. I guess we'd have to research that because the city is a lot involved in that part of the equation. That's $48,000.00 as of 2 years ago, just for the rent alone for 22,000 square feet. So I'm not sure it's the same. One of the reasons I think they don~t take it as seriously is because they do have their own ideas for that. I know that they talked about converting for instance that warehouse to retail space. That's one of their plans. They'll lower the ceilings and doing everything they have to do to make this a real retail operation. And I certainly don't discount the value of doing that. I guess I'd just like, before you do that, even from a business perspective for them, it might cost them less to get into this business and they can still be as profitable. I know it wouldn't be $14.00 a square foot but you don't take revenue, you don't take profit to the bank and that's I think what they need to look at before they make any decisions. Boyle: Jim, how about you? Do you have some comments or questions? Bohn: No. Just it'd be nice to have something for the kids other than just a meeting place. Boyle: Well I sure agree with all the comments and I think everybody here agrees that this would be something, the concept is great. The concern sometime comes on a social issue such as this. It's easy for HRA to when it comes to a decision, you know when businesses come it's a little bit different but when there's such a serial issue involved here, it's a little bit more difficult. I think we would have to tell the staff to look at the legality of whether we could do it. Also the economic part of it, once we get the dollars and cents involved. I have some concern that, we've already made a pretty heavy commitment to the overall project down there. I mean like 17 years I believe of half taxes to develop that property. So there's already a pretty heavy commitment on the part of the HRA for that area which we would have to consider also at the time. Chris Polster: Is that businesses that already include plans for the Frontier Center? Is that part of that overall commitment? Boyle: It would in total, yes. As far as the numbers. Chris Polster: But I mean as far as the money that yoffve committed so far for redevelopment, Frontier Center part of what you have already committed to plans? Chmiel: Yeah. Boyle: Yes. Housing and Redevelopment Authority - July 20, 1995 Chris Polster: So in a sense, to clarify in my own mind. If the HRA and Clayton and everybody said okay, let's go for it. Would it be a matter of adding more money to that budget or would it be a matter of redirecting? Boyle: I don't think so Chris. I think that would really be between the proposed renter and the Lotus. That's how I feel Todd. Correct me if that's not right. Gerhardt: When we did the acmals, we anticipated the mount of square footage in that building and the tenant in that building would pay anywhere from roughly $2.00 a square foot in taxes, just the taxes on the building. You know up level, averaged out, to $3.00 a square foot. The concept that Vemelle was using, she would take that front glass portion and turn that into kind of a retail element and then the middle of the building would be some type of another use and of course the back section, as Chris knows, has already been committed to the Maytag and the Recreational guys for storage back there. So a portion of the building will long term be committed for storage space. But when we did our analysis in that area, the plans called for a new facade on the building where tho glass front is. That that would have a new facade, with the boardwalk area in front of it and then a new parking lot that would service that facility. So enough parking that would service up to 25,000 square feet of space in there. And then there's also plans for a boardwalk area that everybody is sharing the cost in between what is the Frontier Building and the old Instant Webb/Animal Fair area. To make that more of a pleasant pedestrian type walkway. It was decided at the Planning Commission if that was ever developed, that they did not want a traffic lane between the front of the building and the back of the building. So that would become a pedestrian walkway, landscaping, brick pavers and benches. Make it more of a pleasant walk area than an alley. So right to date, with that parking lot and facade, the HRA has agreed to commit approximately a half million dollars in redevelopment for that area based on increment flow over a 17 year period from that facility. Whoever moves into that facility and to the HRA, when he gets obligations, somebody is going to have to pay at least $2.00 a square foot in taxes. Up and above $2.00 a square foot, you're going to have to have whatever Clayton wants. Your portion of...insurance and whatever he needs to help offset any tenant payments that needs to be made in the building, which Chris and I already know there's some water problems and other things that need to bo addressed. Boyle: So, if I heard you right Todd, I mean we're looking at taxes alone at $48,000.00 and then whatever the rent would be, would be on top of that or maybe $9,600.00 even. Chris Polster: And that's my problem. Boyle: That's a big one. That's a big one. Housing and Redevelopment Authority - July 20, 1995 Chris Polster: A lot of being successful will be to look, you know and a lot of that is what the I-IRA is already doing with that area. Is what it's going to look like from the outside. Ifs got to be first, before anything else, it's got to be something that parents will say, I would send my kid there. Right now they don't. Boyle: You know I hope that the comments were not discouraging, because that was not the intent. The comments was, I think it's a, anytime that you can improve your community with something that's going to give kids and adults recreation or other things to do that are good, it's always a positive to the community and to everybody else. However, I do think at this point it's probably best that there, well the next step would probably be some type of an agreement, closer agreement between you and Lotus Realty, as I see it at this point. I don't know, Mike, Don? Before we can get further involved. Mason: Does that, I'm trying to get a couple things straight in my mind here, because I'll be honest with you, I'm taken by this. Does, with what you said Gary then, does that, that's saying then that Lotus Realty is calling the shots. Chmiel: It's their property. Boyle: It's their property. We have committed to assist in developing that property, which they are now managing, as I understand, so ifs really kind of them. Gerhardt: They're probably the leasing agent. It's owned by Bloomberg Companies. Chris Polster: Basically my intent in coming to you first, even though it doesn't make any sense for Lotus to even spend time on this if it's something the HRA...doesn't fit our conception of what should go back there. So Lotus, if you want to do it, you're on your own where right now they're expecting financial support: The main thing I guess that I would be able to take back to Lotus is, they're not against it, okay. And it doesn't change their financial plans for that particular redevelopment area and that's a big issue I _think. Boyle: Conceptually we definitely, I don't think anybody here had an objection to... Mason: You know Chris, I think you know my commitment to social concerns, being in education but whether this goes, whether this flies here or not, I would love to see what the next step is. Chris Polster: Right. Well if that's a detailed business plan you're interested in, I would be more than happy to supply that and I've got that completed so. Housing and Redevelopment Authority - July 20, 1995 Mason: What I'm hearing here is that you need to get in closer contact with Lotus. Chris Polster: Well I need to be taken seriously. I need for them to take the time to make it close and again, I'm sorry if I'm coming across as being critical. I don't mean it to be but they need to do that for mo in order for me to even do a business plan. Mason: And it needs to be realistic from their standpoint too. Chris Polster: So what I'd like to have is a letter of intent saying we can work on, as a basis. A contingency that if it goes, this is what the costs are. If it doesn't go, then we ought to forget about it, and isn't that what you call a letter of intent. And it's just basically something to work with and in their expense, they are very busy and ifs not they're against doing this because actually Vernelle has been very supportive and I don~ know if Clayton is or isn't, but I know Vemelle has been very supportive of the idea over the years. We just haven't been able to get together from a practical perspective as a lessee and lessor, shall we say, in order to make this business fly. And then the other, I guess the other reason I'm in here first of all, do you support the idea. And then the second thing is to get I guess your support for the use of staff to investigate other opportunities to help the business succeed. I don~t even know what that means, or what ideas that might encompass. Thafs why Pve asked for Todd's time. Well what other things, for instance do you have authority and I probably will someday be coming to the City Council as well as ideas come up and find out how can the City Council help or how can the tax base help somehow. I'm going to the business community, the Chamber of Commerce and I'm not going to be asking anybody...it's a value for value type of situation. But working with kids, business has got to be creative. There's no doubt we've got to be creative. Boyle: You're absolutely correct. And it is risky too. Chris Polster: And it is risky, and as a business person I'm willing to accept that. I mean that's just something you do. Boyle: Well Chris, I'm not quite sure which direction. I guess the direction that you could leave tonight with is, number one, try to come to some type of agreement or intent from Lotus and Bloomberg Companies. Todd, we should... (There was a tape change at this point in the discussion.) Housing and Redevelopment Authority - July 20, 1995 PRESENTATION REGARDING RELOCATION OF THE Ol.l~ RAILROAD DEPOT~ CENTENNIAL COMMIT'FEE. Joe Scott: ...if that's not the case, we still think it's an exciting product and we'd have to miss the Christmas season, we still have the Centennial season. It [rind of reminds me of one of my previous lives on a commission where we had people corning and saying, well I bought steel and it's coming next week and I need my sign tomorrow. That's not the situation we're going to try to put anybody in...so anyway, I'd like to thank you very much for your time and we will have two alternatives together for you to take a look at at your next meeting. We will be in contact with you in the meantime so you know what we're doing and get some direction from you and we'll go from there. Thank you very much. Boyle: Thank you Joe. Gerhardt: If I could add a couple of things to that. You are aware that you are in ownership of that building and Mx. Luce has not made any phone calls to me to say hey, get your building off my property...because he does have the property up for sale and that section of town is developing. There is sewer and water available to the site so we may be forced to find at least a temporary home for that facility in the near future. Boyle: When you say near future Todd, 3 months? 6 months? What would you guess? Gerhardt: I would say at the earliest one year. Boyle: During the next year. Gerhardt: Probably not 3 months. Mason: Is this the kind of thing that at some point we'd see if we could get money from the Historical Society. Minnesota Historical Society or something. I mean looltng for grant money or you know, land preservation or building preservation. I mean I know they have trusts and funds and this kind of thing for that purpose. That might be something down the road that we want to take a look at. Boyle: Who would do that?. Would it be more advisable for the Centennial Committee to approach the State on something like that or for the City to? Mason: Well I don't know. Boyle: I don't know either. 10 Housing and Redevelopment Authority - July 20, 1995 Gerhardt: I'm sure we can get funds for old St. Hubert's and historical, this is the State Historical...and that's about it...in a grant is so competitive, I mean the block party, what the Basilica people did, to renovate their facility. I think the option passing back to you is that you've got a lot of banks here in the community that need to contribute money back into the community. I have been approached by Century Bank wanting to make a statement right away and having a park that they can say that they developed or you know have a piece of recreational equipment or something of that sort. Mason: We'll take it. Gerhardt: I don't think Joe highlighted it in his conversation but what they're going to try to do is raise enough money to renovate this facility and pay for it. What the neighborhood and the HRA could do is come back with concepts of, do you want it in that location and that's where we think it should go. You can come up with working drawings...in that location. You know we'll raise the money to get it done. At least that's the impression that I got when I had lunch with them at noon today and...He might be one sided in his picture and trying to sell that. I don't know if that can be done within the short term. I think that that group is well organized in trying to find a fund raiser where people will donate. If they see a picture somewhere that they can put money into. Boyle: Oh I have no doubt that between banks, service clubs, individuals and tho plan that the Centennial Committee has going, they're going to raise plenty of money. Mason: They're going to raise a hunk. Boyle: They'll do very well on that. I'm not really concerned about the funds I guess as much as, is that what we, you know what do we want to do with that property? That's what we've got to decide. We've got to do a little soul searching here. Mason: Good point Gary. Gerhardt: And knowing that there's citizenry out there that's opposed to that building being brought back to downtown and being renovated, you know, that kind of bothers me a little bit but I don't know who you talk to or what. Chmiel: My Legion crew that I go and see twice a month. They told me about it Mason: Well there are a lot of other people in town too. ll Housing and Redevelopment Authority - July 20, 1995 Gerhardt: That group being one of the people...donations for it and they're probably one of the healthiest service groups in town here. Mason: Yes they are. Chmiel: No, I'm not saying that is a dead issue but there are a lot of dollars that can be done and maybe too, they want to have a block party like they did have at the Basilica to raise additional dollars to put on some kind of a thing. It's a little late probably this year, but even next year during the Centennial, it could still be done. To offset some of those costs at that particular time too. But I think you're fight Gary, with the service clubs that we have within the community fight now. Boyle: Well you get that thing moved, with that alone. Mason: Yeah. Bohn: It's going to have to be moved eventually anyway. Boyle: Yeah. Well right now there's really, and I don't want to belabor it tonight and really we need to kind of think about it but it's keep Pauly's there and use it as a teen center or develop a park. I mean those are the two alternatives that we're currently looldng at, fight? Chmiel: Yep. Boyle: Revenue producing property there has never been one of the considerations or the intent, as I've heard. Never has been, fight?. Bohn: Never has been. Because they originally thought of a library there, which would not produce any revenue for us. Boyle: Bohn: Right. And that is a dead issue now regarding library in that property. We've never thought of anything other that, have we? Gerhardt: Well just, if you are going to locate it on, I just don~t think the Klingelhutz farm is an option. I just don't think there's the money for that type of acquisition. And you might have enough money to, and I don't know how much you've got available fight now but. Boyle: We don't either. 12 Housing and Redevelopment Authority - July 20, 1995 Gerhardt: But I don't think we have the dollars that would pay to take the...building down. And you own this piece of property. You do have property over by the bus depot area. You have property along Highway 5. You do own the pond area. You own the right-of-way along West 79th Street. And my comments in my memo were one, youhte got the Old Village Hall and you've got Old St. Hubert's and I think Joe's comments, you might as well add old railroad depot there too, is where he was coming from. Of course that doesn't say that we have to do it. You may come in and say you want to redevelop the property and put it back on the tax rolls, options are office. Options are dayeare facility. You could put it back on the tax rolls. You've got a parking lot there. It's a very amenable piece. It's not a high traffic area. We'd have to find room to... Boyle: You know if we did put that on and we continue to own the property, then we also have to continue to pay for the upkeep of that property and the structures on that property. Am I correct in that assumption? Gerhardt: Yes. Bohn: We have to pay for the parking lot anyway. It's our parking lot. Gerhardt: Well we do spread the cost of the parking lot, plowing, the striping back to the benefitting properties. The church pays, Klingelhu~..pays and Pauly's pays right now. You tore down two other people that did pay and it's roughly to plow that site, it's about $1,200.00 a year to keep the parking lot open and stripe it, you're talking probably another $200.00. But you know, those other two individuals are going to pick up more of the brunt now that you've got two other people that aren't there. It's all based on a percentage of users. Bohn: Pauly's will only be there until this fall. Gerhardt: And as to the maintenance of the building, you know Don's correct that we did have a lady that wanted to open a book store in the place but you're better off building a brand new facility someplace else...than try to renovate this facility. And so...into the scene shop where we put mannequins inside and... Chmiel: In fact we have a painting upstairs at City Hall that depicts that. That I got from, geez I can't remember the gaps name. It's hanging on one of the columns up there. Gerhardt: And it's the maintenance when we obtain it... Boyle: Do you think the taxpaying community would be receptive of that use? Or that land, in your opinion. That's a tough question. What do we know. 13 Housing and Redevelopment Authority - July 20, 1995 Gerhardt: Not everybody. I mean. Chmiel: You can't make everybody happy. Bohn: I wouldn't answer that question if I were you Todd. Boyle: How do you know. Chmiel: I hear what you're saying Gary though, but. Boyle: Okay, let's give it all some very serious thought and kind of jot down some ideas and maybe between now and the next meeting. If ifs okay with everybody else, we'll move on to old business. UPDATE ON WEST 79TH STREET LAND SALF~ Gerhardt: The on again, off again. When you're dealing with people like Applebee's, you know they're so used to cookie cutter...plan 1 I-B. That's the way it's got to be. You know, there's no way around it. Mason: You know, if they want to be in Chanhassen. Gerhardt: They can't understand it...all four sites. Boyle: Well we would have no problem with that obviously Todd if the land would accommodate that but it doesn't. Gerhardt: It's a difficult site. Mason: Yeah, yeah. And I mean we went through this with Target. We've gone through this with far bigger players than Applebee's. I mean do they want to be in Chanhassen or not. I guess thafs kind of the bottom line as far as, I mean we're fortunate I think to be in the position that we don't have to be. Gerhardt: I think my parking lot is more convenient than their scenario. Mason: I basically agree with you as a matter of fact. Gerhardt: And the realtor couldn't even argue. She said, you're right. 14 Housing and Redevelopment Authority - July 20, 1995 Chmiel: If they want parking on both sides, why don't they just move Applebee's up to where the parking area is. It shows 54,600 square feet. Put them in there and then they'll have parking in back and in front. Gerhardt: Well the other down side is that they're only willing to pay for 54,600 square feet. Chmiel: I know. Gerhardt: And I said sure. We can move the parking farther north but I said you'll have to buy more land and that was one of their other big issues over the last 3 months that I've been negotiating with them is that they can't afford to pay more than a half million dollars for the property. And I said if you push that property any further north, you're buying the whole thing from me because you're giving me a piece of land I can't develop, that nobody will go on. So you're taking a total taking of Tires Plus. Now I don't care if Tires Plus is there or not, but if you want that thing pushed farther north, you're taking the entire 30,000. And he says, you know he didn't have an argument for that. It's just a difficult site. It's not square. It loops down. You do have setbacks and by twisting the building and putting the front door, they didn't like it where the building's rear end was sticking towards West 79th Street. Over here. They didn't want people coming in being greeted by the rear of the building. Mason: Well so they can change their design a little bit. I mean. Gerhardt: So anyway, on all the building around here, I said back to them there. It's not that difficult. Mason: Yeah. I personally think this is much ado about nothing as far as I'm concerned. I mean do they want to be in Chanhassen or not. Gerhardt: That was the other thing after I got done I started thinking. I said well, they've got another site in mind. Maybe they want to be over at Legion. They want to be on Dell. Are they working on another one in Eden Prairie. Am I being used in this whole thing? I've been updating the HRA for 3 months. I'm starting to get egg on my face here. They're going to say Todd, is this a fantasy of your's or what and I told that to the realtor that I think we're both being used in this and she matter of factly stuck her face in his face and said, what's going on here. Are you coming into Chanhassen or not? They're not going to, they're pulling everything off the table that if you don't make some decisions here. They came out yesterday, looked at the site and made the commitment that they wanted to be in Chanhassen and that this is their number one site and they are not looking at the Legion. They are not looking at Dell Road and they are staying in their current facility in Eden Prairie. And so they've told me that they will be sending an architect over to work with me on finalizing 15 Housing and Redevelopment Authority - July 20, 1995 these plans but that they have agreed to the terms of the purchase agreement and basically the layout of' this site. And as the way that we've got it designed. Boyle: I think you're there Todd. Thank you. Mason: Sounds like a good update to me. APPROVAL OF BILLS. Boyle: I guess we'd better approve payment of the bills. Do I have a motion first? I would like to make a motion that we approve the bills as stated. Mason: Second. Boyle: Are there questions or comments? Jim? Bohn: No. Yeah, I guess I have one question. The tax that you're saying, that we paid back to Heritage Park Apartments. How many years do we pay that? Gerhardt: That goes out to about the year 2001 and ifs, if they receive their taxes back, it's a loan and then we need to go...2001 or 2002 or something, that they've paid for all the taxes that have been paid to them. So 2001-2002, you're going to get a check for $800,000.00. Bohn: What if 2001, we're not going to do it? They just file bankruptcy. Do we get the building? Gerhardt: Well, I don't think. Bohn: It's a lot of money. Gerhardt: ...I think it's a limited partnership. File a lien against the building, you know. There's a variety of mechanisms that we can go back and try to retrieve that money. Bohn: Over that many years, that's a lot of money. Chmiel: Yeah. That's the way that particular thing was done at the time but I think that legally the city has some ramifications of acquiring those dollars back, whether it be taking the building or whatever. I don't think they're going to walk away from it because that building is worth how much now. 16 Housing and Redevelopment Authority - July 20, 1995 Bohn: How much is the senior housing going to cost us? Gerhardt: Senior housing, I think it's like, wasn't it about $65,000.00 a unit. If I'm remembering, times whatever you come down to. Chmiel: 68 units. Gerhardt: 68 units. Chmiel: I thought it was 4.8. Somewhere in that neighborhood. Bohn: Then Heritage Park Apartments, those apartments are bigger than the s~or housing apartments. Much bigger. Boyle: Do they keep it up pretty good? Bohn: So far they have. Although they said two years ago they were going to paint it, and two years have gone by and they still haven't painted it. Chmiel: It doesn't look bad though. Bohn: No it doesn't because it's rough sawn cedar and it doesn't show but they have been, in fact...and Tailey have been over there all week going through the buildings with clipboards and the care people, maintenance people telling them what has to be done. They just re-did the lobby. Gerhardt: Somebody's grappling with the fact that maybe we should have bought that building and turned that into senior housing. It doesn't provide, it doesn't have the same options that the other senior housing has. We don't have very many two bedrooms in a senior housing complex. It's one bedroom, dens. This one's got two two bedroom units in it and you don't have any emergency cord. It's not handicapped accessible... Bohn: Two years ago the elevator was out for almost two weeks and we had two older people that had to leave there and go someplace else until the elevator was fixed. They couldn't get the parts. That's one of the major items. But the company that handled the contract bid would bring the parts in. It was 10 days without an elevator. Boyle: Any other questions on the bills? 17 Housing and Redevelopment Authority - July 20, 1995 Boyle moved, Mason seconded to approve the Accounts Payable for the HRA ns presente& Ail voted in favor and the motion ca~ied. Boyle: One other quick thing. On the third Thursday of August, the 17th of August. I get back in town that night but not in time to get a meeting in so, just kind of to let you know if somebody else wants to nm it or the options are the 10th or the 24th. Mason: The 10th I will be out of town. Chmiel: 17th? I don't even have it down. Boyle: Or do we have the 24th. Chmiel: 24th. Boyle: Oh is it the 24th? I had the 17th. Chmiel: Yeah. I've got it down for the 24th. Boyle: Well then, disregard that. Gerhardt: I thought it was the 14th but I just counted the third Thursday so. Boyle: That's what I was doing. The third Thursday. Mason: Well the 14th is the Council meeting, which I'm not going to be at. So then it would be, oh yeah because the 14th and 28th and Council meetings. So it would be the 24th. First on a Tuesday got us again. Gerhardt: We do have an extra week here, you're right. Mason moved, Bohn seconded to adjourn the meeting. Ali voted in favor and the motion c~ied. The meeting was adjourned. Submitted by Todd Gerhardt Assistant Executive Director Prepared by Nann Opheim 18