The URL can be used to link to this page

Home My WebLink About1979/03/27 - ADMIN - Minutes - City Council - Joint __. _ _ .... -~a -^••—• w . r — Y M t • MINUTES JOINT CITY COUNCIL/ HOUSING & REDEVELOPMENT AUTHORITY ST . LOUIS PARK , MINNESOTA *. March 27 , 1979 k.4 1 . Call to Order The meeting was called to order by Mayor Stern 4.4 at 7 p . m . . 2 . Roll Call The following Councilmen were present at roll call • Ronald Backes Martha Elstrom Lyle Hanks Jerrold Martin Irving Stern t .. The following Housing Authority Commissioners were present at roll call : % Dudley Moylan Jane Tschida James Heltzer Joel Glotter Also present were the City Manager , Executive Director and City Attorney . } ;` • 3 . Development Proposals The Executive Director presented a description of three development proposals for a 3 - acre parcel located on Park Center Boulevard . The proposals were as follows : A ) Proposal of the Darrel A . Farr Development Corporation for a 126 - unit condominium apartment in three integrated building modules with underground parking . The condominium apartments , • ✓ anging from studio apartments to one - bedroom units with dens , k are projected to be sold in the price range from $ 40 , 000 to ii $ 65 , 000 . The developer estimates the development cost to be .tr approximately $ 7 , 000 , 000 ; the estimated tax increment for the development is approximately $ 148 , 000 or approximately $ 1 , 200 per unit based on the existing mill rate and an average market value for the assessing purposes of $ 50 , 000 . The develop - e r is seeking tax exempt financing to construct the project . • B ) Proposal of Diversified Equities Corporation for the develop - ment of a 95 - unit , three - story , U - shaped apartment building for elderly and handicapped persons to be oriented to the e ast toward Wolfe Lake . A total of 86 units would be one - bedroom , and six units would be two - bedroom . The estimated development cost would be approximately $ 2 , 000 , 000 , or $ 20 , 000 to $ 21 , 000 per unit ; an estimated tax increment of $ 34T000 per year is expected , based on the current mill levy developer will seek financing through the Minnesota Housing Finance Agency and U . S . Department of Housing and Urban Development . C ) Proposal of Chem - Care Incorporated ( Parkview Treatment Center ) to construct an office / medical building expanding the existing 'k Parkview Treatment Center . A one - story structure wouldprovide . ._ . . -z! - - 83 - .v City Council / Authority MinutesMarch 27 , 1979 a link between the existing building and a seven - story high including residential facilities and officstrpace . A tower total of 62 , 148 square feet is proptsto berapproximately �! and the developer estimates the . co 00 000 : The tax increment is estimated ° develo8er000 $ 3 , 5theP per year based on the current mill industrial revenue bonds . ' proposes conventional financ4n9 Theik Executive Director also explained that some of the development proposals mayrequire a relocation of the storm sewer line crossing the subject property . In response to a question from Joel Glotter, , Jon Dickerson ,act thaDiversified Equities Corporation , stated that due to the fl din w as being sought , construction is proposed tocommence in approximately o ne year . In response to a question from Dudley Moylan , Harry Garish , Chem - Care Incorporated , stated that the Parkview Treatment Center does not currently have sufficient property for expansion andwouldnot need a Certificate of Need to allow the proposed development . In response to a question from Councilman Hanks regarding the difference in tax increment between proposal A and B , the Executive Director e xplained the major factor resulting in the lower tax increment for B is the proposal for rental verses owner occupied units ; an additional • reduction is due to occupation by elderly and handicapped persons . In response to a question from Joel Glotter , the Executive Director e xplained that the three proposals have not been evaluated with regard to the City ' s Housing Assistance Plan and preliminary projec - tions for tax increment revenues from this district were calculated o n overall models prepared to test the district ; analysis was not made for specific sites , but would be included in the next phase o f study . Glotter stated he would also like staff to evaluate these proposals with regard to the Byerly development . In response to a question from Councilman Hanks , Harry Garish stated that the Chem- Care proposal includes parking for 280 cars which meets the City ' s Zoning Ordinance requirements . Councilman Elstrom expressed concern regarding the use of lake front property for parking as provided in the Chem - Care proposal ; she added o ther proposals have buildings fronting or oriented toward the lake . In a response to a question from Mayor Stern regarding the development review schedule , the Executive Director explained a more thorough analysis of the proposals would be completed by the next regular joint meeting . Philip Eder , representing the Excelsior Boulevard Advisory Committee , stated the Advisory Committee will meet regularly on the third Tuesday o f each month . He explained this schedule will allow the review of e ach proposal by the Advisory Committed prior to regularly scheduled - 84 - r City Council / Authority Minutes March 27 , 1979 kal Council / HRA meetings ; he requested the Council and Authority to keep this schedule in mind when considering future proposals. . 4 . Water Tower Marketing plan for property currently occupied �# Site by a water tower on Excelsior Boulevard . The Executive Director explained this area would be the next logical site for concentration of marketing and development efforts . Staff is in the process of updating . statistics and information regarding this site for future exploration of development potential and alternatives . He further explained that while hotel , and or office use has been considered for this site , direction from the Council and Authority 1 is requested as soon as possible ; the Authority ' s Renewal Development Director has concentrated a great deal of his time on this site , a contacting the abutting property owners and examining parcel assemblage potential . I James Heltzer suggested this site , if used as a hotel / motel site , is similar to development activities undertaken by the Kahler Corporation I and it may be beneficial to contact representatives of this firm to seek potential interest . 5 . Water Quality The Executive Director presented a brief status Committee report on the Water Quality Committee for Oak Park Village . There was general discussion regarding the Committee established by the Minnesota Department of Health and Pollution Control Agency . Concern was expressed regarding the general lack of concern for expediting studies of the ground water problem and exploring potential solutions . In response to a comment made by the City Manager regarding greater potential for delay , the Mayor suggested the Council and Authority consider a special meeting to discuss • this issue within the near future . .,, fle • .Y Joel Glotter questioned the City and Authority ' s involvement in the • •= PCA/ Department of Health Committee ; recalling the original " Blue Ribbon Committee " proposed by the City and Authority , he suggested continuance with the same goals and direction as established . Mayor Stern explained the Committee established by the PCA and ✓;_. Department of Health was a compromise , and although there has 4 been no result he felt it was necessary to attempt cooperation :- . . . u with these agencies . ; position of Renewal Development 6 . Communication Regarding the _ Director , Joel Glotter restated the intent and objectives of this position and replied to concern expressed re - 1„a garding selection of this position . , ._ i•-•!. � - r bus * 7 . Ad • ournment There being no furts , the meeting i ,,, was adjourned at 8 : ' S � • m • I . / V At - t : M ! , ather • Recording Secretary .. Iry ng M . Stern - 85 - , 4 May i r