022497 EDA Official File Copy
CITY OF NEW HOPE
EDA AGENDA
EDA Regular Meeting #2 February 24, 1997
Agenda #2
President W. Peter Enck
Commissioner Sharon Cassen
Commissioner Don Collier
Commissioner Pat La Vine Norb¥
Commissioner Gerald Otten
1. Call to Order
2. Roll Call
3. Approval of Minutes of February 10, 1997
4. Resolution Approving 1997 Amendment to Master Modification to
Redevelopment Plans and Tax Increment Financing Plans and Requesting
the Approval of the City Council
5. Adjournment
CITY OF NEW HOPE
4401 XYLON AVENUE NORTH
HENNEPIN COUNTY, MINNESOTA 55428
Approved EDA Minutes February 10, 1997
Meeting #1
CALL TO ORDER President Enck called the meeting of the Economic Development Authority
to order at 7:39 p.m.
ROLL CALL Present: Enck, Cassen, Collier, Otten
Absent: Norby
Staff Present: Sondrall, Hanson, Donahue, Leone, McDonald
APPROVE MINUTES Motion was made by Commissioner Otten, seconded by Commissioner
Cassen, to approve the EDA minutes of October 14, 1996. Voting in
favor: All. Motion carried.
HOME IMP. LOAN President Enck introduced for discussion Item 4, Resolution Requesting
PROGRAM Hennepin County Housing and Redevelopment Authority to Administer
Item 4 Minnesota Housing Finance Agency Home Improvement Loan Programs in
the City of New Hope.
Commissioner Cassen questioned the amount of usage of the program.
Mr. Kirk McDonald, Management Assistant/Community Development
Coordinator, explained that this is the first year that Hennepin County has
been asked to apply on the City's behalf. In the past, Community
Development Block Grant (CDBG) monies were utilized for housing rehab.
Approximately six properties use the program per year.
Commissioner Cassen emphasized the importance of public awareness of
the housing programs. Mr. McDonald explained the various advertising
methods.
EDA Commissioner Cassen introduced the following resolution and moved its
RESOLUTION 97'01 adoption: "RESOLUTION REQUESTING HENNEPIN COUNTY HOUSING
Item 4 AND REDEVELOPMENT AUTHORITY TO ADMINISTER MINNESOTA
HOUSING FINANCE AGENCY HOME IMPROVEMENT LOAN PROGRAMS
IN THE CITY OF NEW HOPE." The motion for adoption of the foregoing
resolution was seconded by Commissioner Otten, and upon vote being
taken thereon the following voted in favor thereof: Enck, Cassen, Collier,
Otten; and the following voted against the same: None; Abstained: None;
Absent: Norby; whereupon the resolution was declared duly passed and
adopted, signed by the president which was attested to by the executive
director.
MCPP President Enck introduced for discussion Item 5, Resolution Requesting that
Item 5 the Hennepin County Housing and Redevelopment Authority Include the
City of New Hope in their Application for Minnesota City Participation
Program (MCPP) Funds to the Minnesota Housing Finance Agency (MHFA).
EDA RESOLUTION Commissioner Otten introduced the following resolution and moved its
97-02 adoption: "RESOLUTION REQUESTING THAT THE HENNEPIN COUNTY
Item 5 HOUSING AND REDEVELOPMENT AUTHORITY INCLUDE THE CITY OF
New Hope EDA February 10, 1997
Page 1
NEW HOPE IN THEIR APPLICATION FOR MINNESOTA CITY
PARTICIPATION PROGRAM {MCPP) FUNDS TO THE MINNESOTA
HOUSING FINANCE AGENCY (MHFA).' The motion for adoption of the
foregoing resolution was seconded by Commissioner Cassen, and upon
vote being taken thereon the foltowing voted in favor thereof: Enck,
Cassen, Collier, Otten; and the following voted against the same: None;
Abstained: None; Absent: Norby; 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 Collier, seconded by Commissioner
Cassen, to adjourn the meeting. All present voted in favor. The New Hope
EDA adjourned at 7:47 p.m.
Respectfully submitted,
Valerie L~one
City Clerk
New Hope EDA February 10, 1997
Page 2
DORSEY & WHITNEY LLP
MINNEAPOLIS PILLSBUR`Y CENTER. SOUTH NEW YOg. K
WASHINGTON, D.C. 220 SOUTH SIXTH STR. EET DENVER.
LONDON MINNEAPOLIS, MINNESOTA 55402-1498 $eATTL~
~SSZCS TELEPHONE: (612) 340-2600
~o~ ~o~ FAX: (612) 340-2868 ~o
D~S MO~S muu~s
~OCHgSTEK MISSOULA
COSTA M~SA G~AT FALLS
February l9, 1997
Mr. Kirk McDonald
City of New Hope
4401 Xylon Avenue North
New Hope, MN 55428-4898
Re: Amendment to TIF Plans -
Ponderosa and Taco Bell Property
Dear Kirk:
Enclosed are forms of resolutions of the EDA and City Council
approving the amendments to the Redevelopment Plans and TIF Plans related to
the Ponderosa and Taco Bell sites on Bass Lake Road. Also enclosed is the form of
amendment to the Redevelopment Plans and TIF Plans.
Should you have any questions, please call me.
Yours tr~~_._
JPG:cmn
Enclosures
cc: Steve Son~irall
- REQUF~T FOR ACTION
Originating Department Approved for Agenda Agenda Section
City Manager EDA
_--. 2-24-97
Kirk McDonald )/~ Iter~ 1~o.
By: Management Assistant By:
RESoLuTION APPROVING 1997 /~MENDMENT TO MASTER MODIFICATION TO
REDEVELOPMENT PLANS AND TAX'INCREMENT FINANCING PLANS AND REQUESTING
THE APPROVAL OF THE CITY COUNCIL
The attached resolution states that the New Hope Economic Development Authority approves
the "Master Modification" to the Redevelopment and Tax Increment Financing Plans and
requests the approval of the City Council. This resolution should be adopted prior to the
City Council public hearing and prior to the adoption of the Council resolution. The
resolution states that the modification serves the original goals and purposes of the City and
HRA by redeveloping property in the City in order to prevent or reduce blight, blighting factors
and the causes of blight by providing public facilities which will be of benefit to all residents of
the City.
Staff recommends approval of the resolution.
MOTION BY SECOND BY
TO:
Review: Administration: Finance:
I RFA-001 ~
CERTIFICATE
NEW HOPE ECONOMIC DEVELOPMENT AUTHORITY
I, the undersigned being the duly qualified Executive Director of the
New Hope Economic Development Authority, hereby attest and certify that:
1. As such officer, I am the recording officer of the New Hope
Economic Development Authority and have the legal custody of the original record
from which the attached resolufion was transcribed.
2. I have carefullY compared the attached resolution with the original
record of the meeting at which the resolution was acted upon.
3. I find the attached resolution to be a true, correct and complete copy
of the original:
EDA RESOLUTION NO. 97-
Resolution Approving 1997 Amendment to Master
Modification to Redevelopment Plans and Tax Increment
Financing Plans and Requesting the Approval of the City
Council
4. I further Certify that the affirmative vote on said resolution was ~
ayes, ~ nayes, and ~ absent/abstention.
5. Said meeting was duly held, pursuant to call and notice thereof, as
required by law, and a quorum was present.
WITNESS my hand officially as such Executive Director this ~ day
of ,1997.
Daniel J. Donahue,
Executive Director
Commissioner introduced the following
resolution and moved its adoption:
EDA RESOLUTION NO. 97-
RESOLUTION APPROVING 1997 AMENDMENT TO
MASTER MODIFICATION TO REDEVELOPMENT
PLANS AND TAX INCREMENT FINANCING PLANS
AND REQUESTING THE APPROVAL OF THE CITY
COUNCIL
BE IT RESOLVED, by the New Hope Economic Development
Authority (the "EDA'), as follows:
1. Proposed Amendment. The Housing and Redevelopment
Authority in and for the City of New Hope, Minnesota (the "HRA') has approved
six redevelopment plans, as defined in Minnesota Statutes, Section 469.002,
subdivision 16, designated as Redevelopment Plan 80-2, Redevelopment Plan 81-1,
Redevelopmen{ Plan 82-1, Redevelopment Plan 85-1, Redevelopment Plan 85-2 and
Redevelopment Plan 86-1 (the "Redevelopment Plans"), and redevelopment
projects to be undertaken pursuant thereto, as defined in Minnesota Statutes,
Section 469.002, subdivision 14 (the "Redevelopment Projects"), and that in order to
finance the public redevelopment costs to be incurred by the HRA in connection
with the Redevelopment Plans and the Redevelopment Projects, the HRA has
approved tax increment financing plans, pursuant to the provisions of Minnesota
Statutes, Section 469.175 (the "Financing Plans"), which establish tax increment
financing districts, as defined in MiImesota Statutes, Section 469.174, subdivision 9,
which are designated by Hennepin County as Tax Increment Financing Districts
Nos. 1601, 1602, 1603, 1604, 1605, 1606, 1607 and 1608 (the "Districts"). Pursuant to
Minnesota Sta.tutes, Section 469.094, subdivision 2, the City has transferred control
of the Redevelopment Plans, the Financing Plans and the Districts from the HRA to
the EDA. On July 25, 1994, the EDA approved an amendment to the
Redevelopment Plans and the Financing Plans which is entitled "Master
Modification to the Redevelopment Plans and the Tax Increment Financing Plans"
(the "1994 Master Modification") to combine the areas subject to the Redevelopment
Plans and to expand the area subject to the Redevelopment Plans and to authorize
the expenditure of tax increment revenue derived from the Districts to pay public
redevelopment' costs in the additional area made subject to the Redevelopment
Plans by the 1994 Master Modification and costs related to consturction of a
community center designed to serve the residents of the City. On October 9, 1995,
the EDA and City approved additional amendments to the Redevelopment Plans,
the Redevelopment Projects and the Financing Plans entitled "1995 Amendment to
Master Modification to Redevelopment Plans and Tax Increment Financing Plans"
("1995 Amendments to Mater Modification"). The 1995 Amendments to Master
Modification included additional property in the area subject to the Redevelopment
Plans and authorized additional expenditures of tax increment revenue derived
from the Districts. The 1994 Master Modification and the 1995 Amendments to
Master Modification are herein together referred to as the "Master Modification". It
is now been proposed that the EDA approve an additional amendment to the
Redevelopment Plans and the Financing Plans which is entitled "1997 Amendment
to Master Modification to Redevelopment Plans and Tax Increment Financing
Plans" (the "1997 Amendment") to expand the area subject to the Redevelopment
Plans and to authorize the expenditure of tax increment revenue derived from the
Districts to pay redevelopment costs in the additional area made subject to the
Redevelopment Plans by the 1997 Amendment.
2. Approval of 1997 Amendment.. The 1997 Amendment has been
presented to this Board and is ordered placed on file in the office of the Executive
Director of the EDA, and the 1997 Amendment is hereby approved. The 1997
Amendment further serves the original goals and purposes of the City and HRA in
approving the Redevelopment Plans, the Redevelopment Projects and the
Financing Plans, by redeveloping property in the City in order to prevent or reduce
blight, blighting factors and the causes of blight and by providing public facilities
which will be of benefit to ali residents of the City.
3. Presentation.to City Council. The 1997 Amendment hereby
approved shall be presented to the City Council for a public hearing thereon
pursuant to M'mnesota Statutes, Section 469.029, subdivision 6 and Section 469.175,
subdivision 4.
Dated the 24th day of February, 1997.
President
Attest:
Executive Director
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