Loading...
1977 10 04 - Housing Redevelopment Authority October 4, 1977 Chanhassen City Hall A regular meeting of the Housing and Redevelopment Authority was scheduled for October 4, 1977, at 8:00 p.m. Members present were Herb Bloomberg and Tom Klingelhutz. Bill Gullickson was absent. Also present were Don Ashworth, City Manager and Mike Brinda, BRW. As a quorum was not present, no official action was taken. Items discussed included: BRW - Presentation of Tax Increment Feasibility Study - Downtown Redevelopment Project: Mike Brinda presented the feasibility study for the downtown tax increment district. Alternative development options, as presented in the feasibility study were discussed in detail. e Don Ashworth noted that Bill Gullickson had reviewed the feasibility study and favored proceeding. Both Mr. Bloomberg and Klingelhutz supported proceeding. No action was officially taken, but HRA members supported officially presenting the study to the City Council on October 17, 1977, with the intent of seeking City Council authorizption to proceed on the development plan (Phase II of the study). The total cost of Phase I (feasibility study) and Phase II (preparation of development plan) is estimated to cost $10,000. Herb Bloomberg stated that private commitments had been received for funding the project in the total amount of $3,000. Additionally, it was noted that the Chanhassen Development Corp. (primarily Chamber members and residents of the City) had officially met and authorized an expenditure of $2,000 from donations presently on deposit in the Chanhassen State Bank for the study. All monies received to date would be in the form of an unsecured loan to be repayed by the development district if and when such were established. The request to the City of Chanhassen, in the amount of the remaining $5,000, would be on the same basis - an unsecured loan to be repayed from tax increment dollars received. HRA members will receive a copy of the city council agenda showing the time this item will be on the agenda. It is anticipated that an early start by the city council may be required to allow the consultant Mike Brinda - BRW, to discuss the feasiblity study with the city council. Membership: Two applications are presently on file for membership with the HRA. As a quorum was not present, no official action could be taken. Both Herb Bloomberg and Tom Klingelhutz noted that they would be seeking additional applications which could be reviewed and acted upon at the next regular HRA meeting. Adjournment: 10:30 p.m. - Don Ashworth City Manager /#/