HomeMy WebLinkAbout2024-03-14 Regular HRA Meeting MinutesMINUTES
OF THE REGULAR MEETING OF THE
EDINA HOUSING AND REDEVELOPMENT AUTHORITY
MARCH 14, 2024
7:30 A.M.
1. CALL TO ORDER
Chair Hovland called the meeting to order at 7:3 1 a.m. then explained the processes created for
public comment.
IL ROLLCALL
Answering rollcall were Chair Hovland, Commissioners Agnew, Jackson, Pierce, and Risser.
Absent: Chair Hovland.
III. PLEDGE OF ALLEGIANCE
IV. MEETING AGENDA APPROVED - AS PRESENTED
Motion by Commissioner Jackson, seconded by Commissioner Pierce, approving the
meeting agenda as presented.
Ayes: Agnew, Jackson, Pierce, Risser, and Hovland
Motion carried.
V. COMMUNITY COMMENT
No one appeared.
V.A. EXECUTIVE DIRECTOR'S RESPONSE TO COMMUNITY COMMENTS
Executive Director Neal responded to past Community Comments.
VI. ADOPTION OF CONSENT AGENDA AS PRESENTED
Motion by Commissioner Jackson, seconded by Commissioner Pierce, approving the
consent agenda as presented:
VI.A. DRAFT MINUTES OF REGULAR MEETING OF FEBRUARY 15, 2024
VI.B. REQUEST FOR PURCHASE, ENG 24-5 50TH STREET AND GRANGE ROAD
IMPROVEMENTS
Ayes: Agnew, Jackson, Pierce, Risser, and Hovland
Motion carried.
VII. REPORTS AND RECOMMENDATIONS
VII.A. MOTION TO CLOSE SESSION: AS PERMITTED BY MS. 13D.05 SUBDIVISION 3
TO DISCUSS THE POTENTIAL SALE OF REAL PROPERTY LOCATED AT 5146
EDEN AVENUE - APPROVED
Motion by Commissioner Jackson, seconded by Commissioner Agnew, to move into
closed session as permitted by MS. 13D.05 subdivision 3 to discuss the potential sale of
real property located at 5146 Eden Avenue.
Ayes: Agnew, Jackson, Pierce, Risser, and Hovland
Motion carried.
VII.B. MOTION TO MOVE BACK INTO OPEN SESSION —APPROVED
Motion by Commissioner Agnew, seconded by Commissioner Jackson, to move back
into open session at 8:05 a.m.
Ayes: Agnew, Jackson, Pierce, Risser, and Hovland
Motion carried.
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Minutes/HRA/March 15, 2024
The Board shared the HRA had previously entered into a Purchase Agreement with United
Properties Residential to develop a 90-unit senior housing co-op on the southernmost portion of
property located at S 146 Eden Avenue. The remainder of the property would be developed with a
restaurant and public park/green space. Unfortunately, the senior cooperative was unable to attain
the required number of pre -sold units to qualify for HUD financing. Based on this condition, the
buyer terminated their purchase agreement in October 2023. The prospective buyer had submitted
an offer to modify the housing portion of the site with the intention of breaking ground in late 2024.
This revised purchase offer was discussed by the HRA Board during closed session and concluded
that the HRA was not in favor of continuing negotiations with United Properties for this purpose
and would continue to explore other options for this site.
Economic Development Manager Neuendorf shared possible alternatives as sellers of the site then
noted while the alternatives had not been fully vetted staff would use them to gauge what type of
outcomes the HRA was interested in exploring. He reviewed alternates that could be pursued that
included park/green space with space for arts, recreation, and small special events, stand-alone
restaurant as community destination, utilize existing public parking garage, perimeter sidewalks and
landscaping boulevards, for sale townhomes, market -rate rental apartments, affordable rental
apartments, senior cooperatives, height varieties, and land sale versus lease.
The Board asked questions and provided feedback.
Mr. Neuendorf summarized the Board's direction to seek a new housing development partner for
timing in summer 2024, entitlements by fall, and construction planned for 202S.
Vlll. EXECUTIVE DIRECTOR'S COMMENTS — Received
IX. HRA COMMISSIONER COMMENTS — Received
X. ADJOURNMENT
Motion made by Commissioner Agnew, seconded by Commissioner Jackson, to adjourn
the meeting at 8:34 a.m.
Ayes: Agnew, Jackson, Pierce, Risser, and Hovland
Motion carried. l�
Respectfully submitted,
�tt Neal,�L'utiVb Dipecto
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