050916 EDA
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
NEW HOPE, MINNESOTA 55428
EDA Minutes May 9, 2016
Regular Meeting City Hall
CALL TO ORDER President Hemken called the meeting of the Economic Development Authority
to order at 8:06 p.m.
ROLL CALL Present: Kathi Hemken, President
John Elder, Commissioner
Andy Hoffe, Commissioner
Jonathan London, Commissioner
Absent: Eric Lammle, Commissioner
Staff Present: Kirk McDonald, City Manager
Aaron Chirpich, Community Development Specialist
Tim Fournier, Director of Police
Valerie Leone, City Clerk
Chris Long, City Engineer
Jeff Sargent, Director of Community Development
Stacy Woods, Assistant City Attorney
APPROVAL OF Motion was made by Commissioner Hoffe, seconded by Commissioner
MINUTES London, to approve the minutes of April 11, 2016. All present voted in favor.
Item 3
Motion carried.
Center for Energy and President Hemken introduced for discussion EDA Item 4, Resolution
Environment
approving loan origination agreement between Center for Energy and
Agreement
Environment and EDA.
Item 4
Mr. Jeff Sargent, director of community development, recommended the EDA
renew an agreement with the Center for Energy and Environment (CEE) to
continue administration of three housing programs (Revolving Loan Program,
Interest Subsidy Program, and Emergency Deferred Loan Program) effective
through December 31, 2018. Mr. Sargent explained based on CEE’s
recommendation, the maximum loan amount for the Revolving Fund Program
and the Interest Subsidy Grant has been increased from $5,000 to $10,000 to
attract more persons to the programs.
Mr. Sargent stated staff intends to expand advertising the availability of the
housing programs. He stated the program costs are funded in the EDA budget.
RESOLUTION 2016-09 Commissioner London introduced the following resolution and moved its
Item 4 adoption “RESOLUTION APPROVING LOAN ORIGINATION
AGREEMENT BETWEEN CENTER FOR ENERGY AND ENVIRONMENT
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AND EDA”. The motion for the adoption of the foregoing resolution was
seconded by Commissioner Hoffe, and upon vote being taken thereon, the
following voted in favor thereof: Hemken, Elder, Hoffe, London; and the
following voted against the same: None; Abstained: None; Absent: Lammle;
whereupon the resolution was declared duly passed and adopted, signed by
the president which was attested to by the executive director.
IMP. PROJECT 965 President Hemken introduced for discussion EDA Item 5, Review proposals
Item 5
and select a preferred builder for the redevelopment of the two EDA owned
scattered site lots located on Nevada Avenue North (improvement project no.
965).
Mr. Aaron Chirpich, community development specialist, indicated Request for
Proposals were sent to 19 builders marketing the city-owned lots at 4415 and
4417 Nevada Avenue North for $55,000. He reported the city received
proposals from Regal Homes, Novak-Fleck, and Tollberg Homes. Mr. Chirpich
highlighted the key elements of each proposal. Mr. Chirpich recommended the
Council select Regal Homes as the preferred builder based on the two-story
home design and anticipated sales price range of $315,000 to $325,000. He also
asked Council to consider reimbursing the builder up to $5,000 for curb cut
costs.
Mr. Chirpich stated following selection of the preferred builder, staff will
prepare a purchase and development agreement. He stated Regal Homes has
built similar designed homes in Golden Valley, Plymouth, and Columbia
Heights. The builder is aware of comparable sales in New Hope.
Commissioner Elder encouraged staff to obtain feedback from Golden Valley
staff regarding their experience with Regal Homes.
Commissioner London pointed out 15 lots in the Parkview Development have
sold in the $300,000 to $400,000 range. He noted the need for higher valued
homes in the city, and thanked city staff for their efforts.
IMP. PROJECT 965 Motion was made by Commissioner Elder, seconded by Commissioner Hoffe,
Item 5 selecting Regal Homes as the preferred builder for Improvement Project 965.
All present voted in favor. Motion carried.
IMP. PROJECT 975 President Hemken introduced for discussion EDA Item 5, Review proposals
Item 6
and select a preferred builder for the redevelopment of the EDA owned
scattered site lot located at 4511 Boone Avenue North (improvement project no.
975).
Mr. Aaron Chirpich, community development specialist, indicated Request for
Proposals were sent to 19 builders marketing the city-owned lot at 4511 Boone
Avenue North for $55,000. He reported the city received proposals from
Novak-Fleck, Regal Homes, Tollberg Homes, and Great Buy Homes Inc. Mr.
Chirpich highlighted the key elements of each proposal. Mr. Chirpich
recommended the Council select Novak-Fleck as the preferred builder based
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on the two-story home design and the anticipated sales price of $303,000. He
noted the proposed home is pre-sold to a current New Hope resident.
Mr. Chirpich stated following selection of the preferred builder, staff will
prepare a purchase and development agreement. He stated Regal Homes has
built similar designed homes in Golden Valley, Plymouth, and Columbia
Heights. The builder is aware of comparable sales in New Hope.
IMP. PROJECT 975 Motion was made by Commissioner Elder, seconded by Commissioner Hoffe,
Item 6 selecting Novak-Fleck as the preferred builder for Improvement Project 975.
All present voted in favor. Motion carried.
ADJOURNMENT Motion was made by Commissioner London, seconded by Commissioner
Elder, to adjourn the meeting. All present voted in favor. Motion carried. The
New Hope EDA adjourned at 8:37 p.m.
Respectfully submitted,
Valerie Leone, City Clerk
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