11 12 19 EDA MinutesEDA Meeting
Page 1 November 12, 2019
City of New Hope
4401 Xylon Avenue North
New Hope, Minnesota 55428
EDA Minutes November 12, 2019
Regular Meeting City Hall
CALL TO ORDER President Hemken called the meeting of the Economic Development Authority to
order at 7:22 p.m.
ROLL CALL Present:
Kathi Hemken, President
John Elder, Commissioner
Cedrick Frazier, Commissioner
Andy Hoffe, Commissioner
Jonathan London, Commissioner
Staff Present:
Kirk McDonald, City Manager
Jeff Alger, Community Development Specialist
Tim Fournier, Police Chief
Valerie Leone, City Clerk
Jeff Sargent, Director of Community Development
Stacy Woods, Assistant City Attorney
APPROVAL OF
MINUTES
Item 3
Motion was made by Commissioner Frazier, seconded by Commissioner Elder, to
approve the minutes of October 28, 2019. Voted in favor thereof: Hemken,
Frazier, Hoffe, London; and the following voted against the same: None;
Abstained: Elder; Absent: None. Motion carried.
IMPROVEMENT
PROJECT NO. 1018
Item 4
President Hemken introduced for discussion EDA Item 4, Resolution approving
purchase and redevelopment agreements with Great Buy Homes, Inc. for the sale
of both lots contained within the plat of Lammle Addition (Improvement Project
No. 1018).
Mr. Jeff Alger, community development specialist, stated the city acquired 5355
Oregon Avenue North in April of 2018 and the site has been re -platted as two
buildable lots. He noted West Metro Fire completed training exercises at the site.
Mr. Alger explained the Request for Proposals (RFP) marketing proposal that was
conducted for the scattered site lots located at 5353 and 5355 Oregon Avenue
North. Stipulations of the RFP included a minimum lot sales price of $60,000 and
that the proposed houses must be owner-occupied, single-family homes (for two
years).
Mr. Alger stated the city received proposals submitted by Great Buy Homes,
Houston Homes, My Home Source, and Novak -Fleck. He stated staff’s
recommendation is to sell the lots to Great Buy Homes for $130,000 ($65,000 per
lot). He reviewed the characteristics of the house plans (total finished square
footage, number of bedrooms, garage size and interior/exterior finishes) along
with the cost and tax impact of the improvements, the return on investment, and
tax benefit associated with the increased property value.
EDA Meeting
Page 2 November 12, 2019
Mr. Alger commented one of the main goals of the scattered site housing program
is to improve neighborhoods.
President Hemken opened the floor for comments from the audience. There was
no one present desirous of addressing the EDA for the publ ic hearing.
Mr. Glen Hammer, owner of Great Buy Homes, was recognized. He thanked the
EDA for the opportunity to work with the city again.
Commissioner Frazier expressed support for the program as it revitalizes
neighborhoods. He mentioned past projects that involved Habitat for Humanity
and recommended pursuing some affordable housing projects for first time
homebuyers in the future.
CLOSE HEARING
Item 4
Motion was made by Council Member Elder, seconded by Council Member
Frazier, to close the public hearing. All present voted in favor. Motion carried.
RESOLUTION 2019-11
Item 4
Commissioner London introduced the following resolution and moved its
adoption “RESOLUTION APPROVING PURCHASE AND
REDEVELOPMENT AGREEMENTS WITH GREAT BUY HOMES, INC. FOR
THE SALE OF BOTH LOTS CONTAINED WITHIN THE PLAT OF LAMMLE
ADDITION (IMPROVEMENT PROJECT NO. 1018)”. The motion for the
adoption of the foregoing resolution was seconded by Commissioner Elder, and
upon vote being taken thereon, the following voted in favor thereof: Hemken,
Elder, Frazier, Hoffe, London; and the following voted against the same: None;
Abstained: None; Absent: None; whereupon the resolution was declared duly
passed and adopted, signed by the president which was attested to by the
executive director.
ADJOURNMENT Motion was made by Commissioner Frazier, seconded by Commissioner Elder, to
adjourn the meeting. All present voted in favor. Motion carried. The New Hope
EDA adjourned at 7:37 p.m.
Respectfully submitted,
Valerie Leone, City Clerk