102692 EDAOFF~C~A[ F~EE COP7
CITY OF NEW HOPE
EDA AGENDA
EDA Regular Meeting #12
Agenda #13
President Edward J. Erickson
Commissfoner W. Peter Enck
Commissioner Gary L'Herault
Commissioner Gerald Otten
Commissioner Marky Williamson
October 26, 1992
2.
3.
4.
Call to Order
Roll Call
Approval of Minutes of September 28, 1992
Resolution Authorizing Commencement of Eminent Domain Proceedings to
Acquire Property at 7516 42nd Avenue North, New Hope, Minnesota
(#474)
Adjournment
Approved EDA Minutes
Meeting #11
CITY OF NEW HOPE
4401XYLON AVENUE NORTH
HENNEPIN COUNTY, HINNE$OTA 55428
September 28, 1992
CALL TO ORDER
ROLL CALL
APPROVE
MINUTES
SUBORDINATION
AGREEMENT
Item 4
EDA RES. 92-05
Item 4
ADJOURNMENT
President Erickson called the meeting of the Economic
Development Authority to order at 8:31 p.m.
Present: Erickson, Enck, L'Herault, Otten, Williamson
Motion was made by Commissioner Enck, seconded by
Commissioner L'Herault, to approve the EDA minutes of July
27, 1992. All present voted in favor. Motion carried.
President Erickson introduced for discussion Item 4,
Resolution Directing Execution of Subordina-tion Agreement
Regarding EDA Second Mortgage on Property Located at 4021
Oregon Avenue North.
Mr. Donahue explained that the City sold this city-owned
home to Steven and Diane Heinsch in June of 1990. The
property owners are refinancing the property, and as
second mortgage holders, it is necessary for the EDA to
execute the Subordination Agreement.
The owners are taking advantage of the favorable interest
rates by refinancing and staff recommends approval.
Commissioner Williamson introduced the following
resolution and moved its adoption: 'RESOLUTION DIRECTING
EXECtFfION OF SUBORDINATION AGREEMENT REGARDING EDA SECOND
MORTGAGE ON PROPERTY LOCATED AT 4021 OREGON AVENUE NORTH'.
The motion for the adoption of the foregoing resolution
was seconded by Commissioner Enck, and upon vote being
taken thereof; the following voted in favor thereof;
Erickson, Enck, L'Herault, Otten, Williamson; and the
following voted in against the same; None; Absent; None;
whereupon the resolution was declared duly passed and
adopted, signed by the president which was attested to by
the executive director.
Motion was made by
Commissioner L'Herault,
present voted in favor.
8:35 p.m.
Commissioner Otten, seconded by
to adjourn the meeting. All
The New Hope EDA adjourned at
Respectful ly submitted,
Valerie Leone
City Clerk
New Hope EDA
Page I
September 28, 1992
REQUEST FOR ACTION
Originating Department Approved for Agenda Agenda Section
EDA
City Manager 10-26-92
Item No.
Dan Donahue
By: By: 4
RESOLUTION AUTHORIZING COMMENCEMENT OF EMINENT DOMAIN PROCEEDINGS TO ACQUIRE
PROPERTY AT 7516 42ND AVENUE NORTH, NEW HOPE, MINNESOTA
This resolution will initiate the condemnation process to acquire the Electronic
Industries property. Acquisition of the property by eminent domain is necessary
to ensure the City's protection against responsibility for soil and ground water
contamination cleanup costs.
Staff recommends adoption of the resolution.
/
Review: Administration: Finance:
RFA-O01
EDA RESOLUTION 92-
RESOLUTION AUTHORIZING COMMENCEMENT
OF EMINENT DOMAIN PROCEEDINGS TO
ACQUIRE PROPERTY AT 7516 42ND AVENUE NORTH,
NEW HOPE, MINNESOTA
BE IT RESOLVED, by the Economic Development Authority in and
for the City of. New Hope, Minnesota, as follows:
WHEREAS, by Housing and Redevelopment Authority Resolution No.
85-08 Redevelopment Plan 85-2 and Redevelopment Project 85-2 (42nd
Avenue/City Center Area) was established at its December 23, 1985
meeting, and
WHEREAS, said redevelopment plan and redevelopment project was
established under the authority of Minnesota Statutes pursuant to
various studies undertaken by the City of New Hope which have shown
that certain redevelopment activities in the plan area are
warranted to correct problems which cannot be corrected by private
enterprises or regulation alone, and
WHEREAS, based upon the needs identified in the studies
undertaken by the City, the following goals and objectives were
established for this Redevelopment Plan and the Plan Area as
follows:
Provide safe access onto and across 42nd Avenue for
motorized vehicles, pedestrians and bicycles.
2. Provide compatible and complementary land uses·
Develop 42nd Avenue in a manner to complement the City
Center area of the City.
Provide more homogeneous land uses and street treatment
along 42nd Avenue in order to unify development and
provide a positive image of the City.
Encourage cooperation between public and private agencies
in implementation of improvement and development plans.
Promote and secure development and redevelopment in a
manner that allows the most logical and efficient
arrangement and intensity of land uses.
Improve the efficiency of the street and roadway system
and to reduce traffic conflicts and automobile pedestrian
conflicts.
Promote and secure the retention of existing jobs and
gain new employment opportunities in the area.
Promote and secure development and redevelopment in a
manner that will have minimum adverse impact on the
environment.
10. Promote and secure public improvements.
11.
To undertake certain land acquisition, parcel assembly
and parcel disposition necessary to eliminate certain
substandard and non-conforming uses and buildings, and to
assemble logical, conforming and more efficient building
sites.
12.
To promote and secure the redevelopment of non-conforming
land uses and substandard buildings in a way which
provides a clearer definition of land uses and more
efficient utilization of parcels.
13.
To promote and secure increased landscaping on private
property and public rights of way to improve the
aesthetics, provide identity for the commercial areas and
improve transitions between commercial and residential
areas.
WHEREAS, the property at 7516 42nd Avenue North legally
described as the west 95 feet of the east 195 feet of the south 350
feet of Lot 5, Auditor's Subdivision 324, is located in the Plan
area established under Redevelopment Project 85-2, and
WHEREAS, said property is determined to be substandard due to
documented existing soil and ground water contamination located at
the site and due to documented building code violations of the
site's building, and
WHEREAS, the property in its present condition is unfit for
occupancy, will not be redeveloped without public assistance and is
incompatible with surrounding land uses, and
WHEREAS, the Economic Development Authority in and for the
City of New Hope does hereby determine that the acquisition of this
property is reasonably necessary and convenient to the furtherance
of the goals and objectives of the redevelopment plan and
redevelopment project, as indicated above, and that in its judgment
the acquisition of this property will be for the" benefit of the
pt~blic health, welfare and safety of the citizens of New Hope, and
WHEREAS, Minn. Stat. §469.101 gives the Economic Development
Authority in and for the City of New Hope the authority to acquire
property by power of eminent domain under Minn. Stat. Chapter 117
if necessary to carry out a redevelopment plan and redevelopment
project, and
WHEREAS, the Economic Development Authority in and for the
City of New Hope has determined it is necessary to acquire this
property by eminent domain proceedings,
NOW THEREFORE, BE IT RESOLVED by the Economic Development
Authority in and for the City of New Hope:
1. That the Executive Director is hereby directed and
authorized to commence eminent domain proceedings under Minn. Stat.
Chapter 117 to acquire the property at 7516 42nd Avenue North
the City of New Hope.
2. That the Executive Director is hereby directed and
authorized to negotiate a direct purchase of the property after
commencement of eminent domain proceedings for a purchase price not
to exceed $40,000.00 inclusive of all costs and relocation
expenses.
Dated this 26th day of October, 1992.
Edw. J. Erickson, President
Attest:
Daniel J. Donahue, Executive Director