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HomeMy WebLinkAbout1990-12-17 HRA Regular Meeting MINUTES EDINA HOUSING AND REDEVELOPMENT AUTHORITY • DECEMBER 17, 1990 ROLLCALL Answering rollcall were Commissioners Paulus, Kelly, Rice, Smith and Chairman Richards. MINUTES of the BRA Meeting of December 3, 1990, were approved as submitted by motion of Commissioner Rice, seconded by Commissioner Smith. Ayes: Kelly, Paulus, Rice, Smith, Richards Motion carried. BIDS AWARDED FOR CENTENNIAL LAKES PARK - PEDESTRIAN BRIDGE & LIGHT FIXTURES: AWARD OF BID FOR SITE FURNISHINGS CONTINUED INDEFINITELY Executive Director Hughes said that staff had solicited independent bids for the pedestrian bridge and for the light fixtures for Centennial Lakes Park which are considerably lower than bids solicited and rejected last May. Staff would recommend award of bid for the pedestrian bridge to the low bidder, Lewis Engineering, at $50,965.00 and award of bid for the light fixtures to the low bidder, Page Electric, at $76,590.00. On October 15, 1990, staff recommended award of bid for site furnishings for $17,793.00. The HRA continued this item due to concerns regarding cost and the fact that there was only one bidder. Staff is still in the process of evaluating alternatives to the site furnishings and would recommend that this item be continued indefinitely. Motion was made by Commissioner Paulus and was seconded by Commissioner Smith for award of bid for Centennial Lakes Park Pedestrian Bridge to recommended low bidder, Lewis Engineering, at $50,965.00. • Ayes: Kelly, Paulus, Rice, Smith, Richards Motion carried. Motion was made by Commissioner Smith and was seconded by Commissioner Kelly for award of bid for Centennial Lakes Park Light Fixtures to recommended low bidder,' Page Electric, at $76,590.00. Ayes: Kelly, Paulus, Rice, Smith, Richards Motion carried. Motion was made by Commissioner Rice and was seconded by Commissioner Smith to continue indefinitely award of bid for Centennial Lakes Site Furnishings. Ayes: Kelly, Paulus, Rice, Smith, Richards Motion carried. ESTOPPEL CERTIFICATE AND MODIFICATION AGREEMENT AUTHORIZED FOR REFINANCING OF EDINBOROUGH OFFICE BUILDING Attorney Erickson advised that the Edinborough Office Building, owned by Edinborough Corporate East Limited Partnership, is being refinanced. The lender of the mortgage loan, United States Leasing International, Inc. , has requested that the Edina HRA sign an Estoppel Certificate and enter into a Modification Agreement, details of which are set out in the letter dated December 14, 1990 addressed to the HRA Commissioners. Commissioner Rice referred to the last sentence in item 7. of the Estoppel Certificate which stated "The Partnership is delinquent with respect to Public Maintenance Charges payable for August, 1990 and subsequent months." He said he presumed that as a condition for signing the certificate those maintenance charges would be brought current. Attorney Erickson suggested that if the HRA is willing to approve the documents that delivery be conditioned upon payment in full of the maintenance charges. H.R.A. Minutes - 12/17/90 Page 2 • Commissioner Smith introduced the following resolution and moved its adoption, subject to payment in full of the public maintenance charges prior to delivery of the executed documents: RESOLUTION BE IT RESOLVED by the Housing and Redevelopment Authority of Edina, Minnesota, (HRA) that it hereby authorizes and directs the Chairman and Secretary to execute, on behalf of the HRA, an Estoppel Certificate to United States Leasing International, Inc. (the "Lender") to expedite the loan to Edinborough Corporate East Limited Partnership, owner of the Edinborough Office Building; BE IT FURTHER RESOLVED that it hereby authorizes and directs the Chairman and Secretary to also execute, on behalf of the HRA, a Modification Agreement by and between the HRA, the East Edina Housing Foundation, and The Edinborough Corporate East Limited Partnership. Motion for adoption of the resolution was seconded by Commissioner Paulus. Rollcall: Ayes: Kelly, Paulus, Rice, Smith, Richards Resolution adopted. UTILITY EASEMENTS GRANTED FOR CENTENNIAL LAKES MEDICAL BUILDING 7373 FRANCE AV SO Engineer Hoffman informed the Commissioners that the medical building on the Centennial Lakes project has telephone, electrical and gas lines that run across HRA property to service the building. Additionally, individual storm sewers run from the building site to the pond. The developers are requesting that easements be granted where necessary across HRA property to allow such utilities. These issues were discussed during development • and it was agreed that easements would be sought after the utilities were actually installed. Staff would recommend granting of these easements. Commissioner Paulus introduced the following resolution and moved its adoption: RESOLUTION BE IT RESOLVED by the Housing and Redevelopment Authority of Edina, Minnesota, that it hereby authorizes and directs the Chairman and Secretary to execute, .on behalf of the HRA, utility easements for the Centennial Lakes medical building located at 7373 France Avenue South. Motion for adoption of the resolution was seconded by Commissioner Rice. Rollcall: Ayes: Kelly, Paulus, Rice, Smith, Richards Resolution adopted. There being no further business on the HRA Agenda, motion of Commissioner Rice for adjournment was seconded by Commissioner Smith. Ayes: Kelly, Paulus, Rice, Smith, Richards Motion carried. Executi ector •