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HomeMy WebLinkAbout1982/01/25 - ADMIN - Minutes - City Council - Joint MINUTES SPECIAL JOINT MEETING ST. LOUIS PARK CITY COUNCIL ST. LOUIS PARK HOUSING AND REDEVELOPMENT AUTHORITY ST. LOUIS PARK, MINNESOTA January 25 , 1982 1 . Call to Order Mayor Phyllis McQuaid called the joint meeting of the City Council and the HRA to order at 7:08 p.m. The following members were present during the meeting: City Council HRA Ronald Backes Keith !leland Dudley Moylan, Chairman Lyle Hanks John Ralles Len Thiel Jerrold Martin Phyllis McQuaid Jane Tschida Also present were the City Manager and the Executive Director of the HRA. 2 . Darrell A. Farr Development The Mayor explained that this joint meeting Corp. : Proposal for Excelsior had been convened at the request of the Blvd. Redevelopment District HRA. . Chairman Moylan related that at the last joint Council/HRA meeting, the HRA had indicated that it would choose an overall developer for the Redevelop- ment District which it could do at this meeting by naming the Darrell A. Farr Development Corporation. The purpose of this meeting would be the joint approval of the Farr proposal for the Redevelopment District. Darrell Farr introduced Jim Opelt of the Farr organization ; Dick Lincoln of Miller and Schroeder Municipals; and Arvid Elness , architect. • Mr. Elness presented the project proposal . The project, estimated in excess of S50 million , contained the following elements: 1 . A 10-story, 164-unit rental housing structure targeted for Persons aged 55 and older. It would contain one- and two-bedroom units. Recent dis- cussions with the St. Louis Park Medical Center suggest that adding a cafeteria and auditorium to this building may be desirable to meet some of the Med Center's_expansion needs. 2. A 10-story, 164-unit condominium building targeted for persons aged 55 and older. The plan would require a re-orientation of the recently approved addition for the Parkview Treatment Center. 3. A renovation , expansion and enclosure of the Lilac Way retail center. King's Inn and the Leaning Post would be prime tenants. A. A 10-story office huilding, a 4-story parking ramp, and a 2-story office/condominium building. The 2-story building would replace the Wilkins Pontiac car dealership. 5. Pedestrian ways would interconnect all elements of the plan. Joint Council/HRA meeting minutes January 25 , 1982 6 . The water tower would be the focal point of the development. There was brief discussion about traffic circulation associated with the project. Councilman Martin commented that Phases I and II , the housing units , appeared financially viable and desirable. Commissioner Thiel wondered when a traffic plan would be ready. qtr. Farr said that a traffic engineer would be commissioned soon and would coordinate planning with the needs of the City and MnDOT. Commissioner Thiel asked if there had been any communication from the Med Center regarding cost sharing for the skyway link and the cafeteria and audit- orium in the rental housing building. Mr. Farr noted that the Med Center wants a ground level link. The Ned Center has indicated a willingness to pay for the cafeteria, auditorium and a possible parking expansion. Councilman Hanks asked if the Ned Center would use any of the rental housing for its patients. Mr. Farr replied that this had been discussed. Councilman Hanks wondered how long the tax increment designation would need to be in effect. Mr. Lincoln responded that current mortgage bond legislation says that housing must be targeted for 20% occupancy by low- and moderate- income households and the district would need to last 20 years . Federal legislation now in Congress would reduce this time requirement to 10 years. Councilman Backes asked what action the HRA had taken and what staff review had taken place. Chairman Moylan stated that the only HRA action at this time had been to schedule this meeting. The Executive Director noted the proposal met the criteria for intense and diverse development, redevelopment and re- habilitation goals and financial viability. Councilman Martin moved and Councilman Backes seconded that the City Council and HRA jointly approve the proposal by the Farr Corporation and that staff and the developer expedite the refinement of plans. The motion passed 9-0. - Mr. Lincoln mentioned that a resolution of inducement would be prepared. Commissioner Tschida moved and Commissioner Thiel seconded that the Farr Corp- oration be named the overall developer for the Excelsior Boulevard Redevelopment District and that the HRA staff prepare a letter of intent with the developer outlining what is involved in the proposal and the role and expectations of the responsible agencies. The HRA approved the motion 3-0. -33- Joint Council/HRA meeting minutes January 25 , 1982 3. Adjournment The meeting was adjourned at 8:11 p.m. C2111L Ci 1C2"4":4 Mayor Attest: rain f ,son, 'ec. ding Secretary -34-