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HomeMy WebLinkAbout2020-09-10 HRA regular minutesMINUTES OF THE REGULAR MEETING OF THE EDINA HOUSING AND REDEVELOPMENT AUTHORITY SEPTEMBER 10, 2020 7:30 A.M. 1. CALL TO ORDER Chair Hovland called the meeting to order at 7:32 a.m. and noted the meeting was being held virtually to comply with the Governor's Stay at Home Order due to the COVID-19 pandemic then explained the processes created for public comment. 11. ROLLCALL Answering rollcall were Commissioners Anderson, Brindle, Fischer, Staunton, and Chair Hovland. Absent: None. III. PLEDGE OF ALLEGIANCE IV. MEETING AGENDA APPROVED — AS PRESENTED Motion by Commissioner Anderson, seconded by Commissioner Fischer, approving the meeting agenda as presented. Roll call: Ayes: Anderson, Brindle, Fischer, Staunton, and Hovland Motion carried. V. COMMUNITY COMMENT No one appeared. VI. APPROVAL OF CONSENT AGENDA — AS PRESENTED VI.A. Approve minutes of July 30, 2020, Regular meeting VI.B. Amendment to Pentagon Village Tax Increment Financing Redevelopment Plan Motion by Commissioner Brindle, seconded by Commissioner Fischer, approving the consent agenda as presented. Rollcall: Ayes: Anderson, Fischer, Staunton, and Hovland Motion carried. VII. PUBLIC HEARINGS HELD — Affidavits of Notice presented and ordered placed on file. VILA. ADOPT RESOLUTION 2020-04 AUTHORIZING THE SALE OF LAND TO THE SOUND ON 76TH LIMITED PARTNERSHIP AND APPROVE REDEVELOPMENT AGREEMENT — ADOPTED Affordable Housing Development Manager Hawkinson shared the Edina HRA purchased 4100 W. 76th Street and entered into a Purchase Agreement with 4100 Edina, LLC for sale of the property for $2,900,000. She explained that Aeon had secured financing and site plan approval to complete the development and would convey the property to The Sounds on 76th, Limited Partnership, of which 4100 Edina LLC was the General Partner. She outlined the redevelopment agreement that required the land be developed into 70 units of affordable housing and remain affordable for 40 years then shared history of well-known Flyte Time Studios who formerly occupied this site. Ms. Hawkinson shared that while important music history occurred at this studio by music producers Jimmy Jam and Terry Lewis the building was not eligible for the National Registry of Historic Places by the Minnesota State Historic Preservation Office and that Flyte Time Studios supported affordable housing at this site. She stated 17 public meetings had been held regarding this site to share the affordable housing proposal and any approvals would include the $2.4 million in gap financing and Page 1 Minutes/HRA/September 10, 2020 $798,000 in TIF financing then shared work to do to memorialize the cultural history of the building that included the name, preserved artwork, and future public art. The Commission clarified funding sources to be used for the gap financing and TIF financing. Chair Hovland opened the public hearing at 7:54 a.m. Public Testimony Steve Brown, 5528 Halifax Lane, addressed the Commission. Hope Melton, 4825 Valley View Road, addressed the Commission. Member Fischer moved to close the public hearing. Member Brindle seconded the motion. After the Commission discussed allowing additional input, Members Fischer and Brindle withdrew their motions to close the public hearing. Kristin Zschomler, 1386 Idaho Avenue W, Falcon Heights and historian in cultural research management who specialized in local history with Minneapolis Sound, addressed the Commission. Thad Lightfoot, Dorsey and Whitney, shared the State Historic Preservation Office had responded twice to the request to preserve the building then explained how it was not eligible for the national historic register and that the proposal preserved a significant amount of historic value through artwork and other methods and how the City and developer worked to go above and beyond any expectations to preserve the history at this site. Ms. Hawkinson noted the underwriter from Minnesota Housing had shared her input as well that the State Historic Preservation Office would likely not reopen the file again to consider the building's historic significance. Member Fischer moved to close the public hearing. Member Brindle seconded the motion. Rollcall: Ayes: Anderson, Brindle, Fischer, Staunton, Hovland Motion carried. The Commission spoke about additional methods to memorialize the site and how while everyone had the same interest in affordable housing there was an important story to be told about the former studio as well. They said while there would be no way to save the building and still do the project the need to understand what could be done before the building was razed was extremely important to celebrate the musical history of this site. The Commission thanked staff for the many ways already identified to memorialize the history of this site such as filming, photos, and preservation of items from Studio A where most of recordings occurred then asked if the Public Art Committee was engaged during this process for future outdoor public art. Ms. Hawkinson confirmed meetings had occurred with Edina Arts Center and Aeon and while funding would have to occur outside the project public art would occur. Member Anderson moved adoption of Resolution No. 2020-04 Authorizing the Sale of Land to The Sound on 76th, Limited Partnership and approve the Redevelopment Agreement. Member Brindle seconded the motion. Page 2 Minutes/HRA/September 10, 2020 The Commission confirmed there would still be time prior to closing to continue discussions on preservation of cultural and historical aspects of the building prior to demolition and to work to identify funding for those activities. Rollcall: Ayes: Anderson, Brindle, Fischer, Staunton, and Hovland Motion carried, Vill. REPORTS/RECOMMENDATIONS VIII.A. ADOPT RESOLUTION NO. 2020-05 ADOPTING THE PRPOOSED BUDGET AND ESTABLISHING THE PROPOSED TAX LEVY PAYABLE IN 2021 — ADOPTED Mr. Neal explained the HRA was a separate taxing authority formed by the City Council and the purpose of the levy was to pay a portion of administrative expenses and other economic initiatives necessary to operate the HRA. Historically those expenses had been paid using TIF funds and to continue to reduce reliance on TIF funds the levy proposed for 2021 showed an increase from $192,000 in 2021 to $230,400, He noted adoption of the preliminary levy was required to and the final levy would be considered by the HRA in December. Motion by Commissioner Fischer, seconded by Commissioner Brindle, Resolution No. 2020-05 Adopting the Proposed Budget and Establishing the Proposed Tax Levy Payable in 2021. Rollcall: Ayes: Anderson, Brindle, Fischer, Staunton, and Hovland Motion carried, IX. CORRESPONDENCE IXA. CORRESPONDENCE - RECEIVED Chair Hovland acknowledged the Council's receipt of various correspondence. X. HRA COMMISSIONERS' COMMENTS — Received XI. EXECUTIVE DIRECTOR'S COMMENTS — Received XII. ADJOURNMENT Motion made by Commissioner Fischer, seconded by Commissioner Brindle, to adjourn the meeting at 8:36 a.m. Roll call: Ayes: Anderson, Brindle, Fischer, Staunton, and Hovland Motion carried. Respectfully submitted, le Scott Neal, &ei utive Df4for Page 3