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1988 01 21HOUSING AND REDEVELOPMENT AUTHORITY MINUTES JANUARY 21, 1988 CALL TO ORDER: Vice-Chairman Horn called the meeting to order at 7:31 p.m. Members present: Commissioners Bohn, Swenson and Robbins. Chairman Whitehill was absent. Also present were Don Ashworth, City Manager and Todd Gerhardt, Administrative Assistant. APPROVAL OF MINUTES: Motion by Swenson, seconded by Bohn to approve the December 17, 1987, minutes as presented. Ail voted in favor with the exception of Charlie Robbins who abstained. The motion carried. 1988 OPERATING BUDGET: Ashworth explained this item was tabled from the December 17, 1987, meeting to give HRA additional time to review the budget and for staff to correct the revenue section of the budget. Ashworth further explained that staff is recom- mending that HRA approve the 1988 budget as proposed. Motion by Swenson, seconded by Bohn, to approve the 1988 Operating Budget as presented. All voted in favor and the motion carried. (Resolution No. 88-1) 1988 REFERENDUM ITEMS~ CONSIDER REQUEST: Ashworth presented the Community Center Task Force's Final Report and their request for $800,000 of assistance from the HRA. The results of the report were to provide additional information on the operational income and expenditures of a community center. Ashworth requested the HRA not to vote on this item until staff could provide and itemized list of cost for land acquisition, demolition, parking improvements, and corridor costs. Preliminary numbers by the architect estimates the total to be $800,000. Staff recommends the HRA direct staff to enter into a contract between the City and Bloomberg Companies to workout cost figures for land acquisition, demolition, parking improvements and corridor costs. Motion by Swenson, seconded by Robbins, to direct staff to enter into a contract with Bloomberg Companies to itemize the costs associated with land acquisition, demolition, parking improve- ments and corridor costs for the proposed community center. All voted in favor and the motion carried. CHADDA REQUEST FOR ADDITIONAL FINANCIAL ASSISTANCE FOR DOWNTOWN HOUSING PROJECT: Ashworth explained that CHADDA has requested the item be tabled until the next HRA meeting. MODIFICATION OF THE REDEVELOPMENT AGREEMENT WITH WINFIELD DEVELOPMENT~INC. FOR RETAIL WEST: Ashworth exlained that Winfield Development, Inc. is in the process of restructuring their company and have changed their name to MARCOR Properties, Inc. The HRA had entered into a redevelopment agreement with HRA Minutes January 21, 1988 Page 2 Winfield Development on the Retail West site. Staff is recom- mending that the redevelopment agreement be annulled and that the HRA enter into a purchase agreement with MARCOR Properties, Inc. for the Retail West site. Swenson moved, seconded by Bohn, that the redevelopment agreement between the HRA and Winfield Development, Inc. be annulled and enter into a purchase agreement with MARCOR Properties, Inc. on Lot 1, Block 1, CHADDA Addition. All voted in favor and the motion carried. CHADDA UPDATE - DAYCARE FACILITYt GROCERY STOREt MEDICAL ARTS BUILDING~ RELOCATION OF CHANHASSEN LAWN AND SPORT AND AUTOMOTIVE UNLIMITED: Ashworth introducted Brad Johnson from CHADDA. Mr. Johnson updated the HRA on the progress to date with the daycare facility, grocery store, medical arts building, and the reloca- tion of Chanhassen Lawn and Sport and Automotive Unlimited. No action was taken on this item. APPROVAL OF BILLS: Motion by Swenson, seconded by Horn to approve the bills as presented. All voted in favor and the motion carried. ADJOURNMENT: Motion by Swenson, seconded by Bohn, to adjourn the meeting at 9:10 p.m. All voted in favor and the motion carried.