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2003-02-25 CITY OF MOUND HOUSING AND REDEVELOPMENT AUTHORITY FEBRUARY 25, 2003 The Housing and Redevelopment Authority of and for the City of Mound, Minnesota, met in regular session on Tuesday, February 25, 2003, at 6:30 p.m. in the council chambers of city hall. Members Present: Chairperson Pat Meisel; Commissioners Bob Brown, Mark Hanus, David Osmek and Peter Meyer. Others Present: City Attorney John Dean, City Manager Kandis Hanson, City Clerk Bonnie Ritter, Community Development Director Sarah Smith, Lorrie Ham, Tom Stokes, Peter Pflaum, Bruce Chamberlain, Jim Fackler, Carolyn Krall, Chuck Alcon, Michael Buelow, Susan & Rick Bloomquiest, David Newman 1. OPEN MEETING Chairperson Meisel called the meeting to order at 6:30 p.m. 2. APPROVE AGENDA MOTION by Osmek, seconded by Hanus to approve the agenda. All voted in favor. Motion carried. 3. APPROVE MINUTES MOTION by Hanus, seconded by Osmek to approve the minutes of the January 28, 2003 meeting. All voted in favor. Motion carried. 4. REPORT BY VIP PROPERTY MANAGEMENT ON INDIAN KNOLL MANOR Finance Director Gino Businaro gave the report to the board in the absence of the rep from VIP Properties. MOTION by Brown, seconded by Hanus to approve the payment of the February 2003 bills. All voted in favor. Motion carried. MOTION by Osmek, seconded by Hanus to approve the General Depository Agreement. All voted in favor. Motion carried. 5. AGREEMENT FOR MANAGEMENT SERVICES FOR INDIAN KNOLL MANOR It was noted that VIP Property Management's contract with the City will be terminated effective the end of March. MOTION by Brown, seconded by Hanus to authorize the City Manager to contact prospective companies to provide management services for Indian Knoll Manor, with recommendation to be brought back at the March 11,2003 meeting. All voted in favor. Motion carried. Mound HRA- February 25, 2003 6. MOUND HARBOR RENAISSANCE, LLC REQUEST FOR EXTENSION OF PRELIMINARY DEVELOPMENT AGREEMENT Meisel stepped down as Chairperson for this discussion and Acting Chair hanus preseided. John Dean explained that the preliminary agreement is due to expire today and the purpose of this meeting is to determine the future course with respect to continuing or not, the relation with Harbor Renaissance, LLC., for development of the downtown area. Dean continued by summarizing the memo from Jim Presser of Ehlers & Associates that gave his evaluation of the MHR (Mound Harbor Renaissance) Project status. Dave Newman of MHR reviewed the points of his memo to Jim Presser dated February 25, followed by a presentation by Carolyn Krall of Land Form on the proposed components of the project and how they have changed since their last meeting. Lengthy discussion followed regarding what has been done on the project to date and what the future timeline is for the project. MOTION by Osmek, seconded by Brown to extend the preliminary development agreement with MHR to June 24, 2003, with conditions to include the following: 1) Within 30 days the developer team shall provide to the HRA and Council a list of parties who will have a role in MHR, and a description of the role that each will have; 2) Provide monthly updates as to the progress on the completion of the site plans; 3) MHR begin preliminary work on the market and financial feasibility studies, although not due by June 24, 2003; 4) MHR begin work on the Memo of Understanding and Contract for Development, although not due by June 24, 2003. It was also understood that a further two-month extension will be considered if, by June 24, 2003, MHR had completed the site plan and was making satisfactory progress on points 3 and 4. The following voted in favor: Brown, Hanus, Osmek and Meyer. Chair Meisel abstained from participating in discussion and voting. Motion carried. Rick Bloomquist expressed concern over Tom Stokes referring him to as the User of the hotel and not as a member of the development team. Stokes gave his commitment that Rick & Susan Bloomquist are the hotelers in this project and the list of the players will be reported to the HRA within 30 days. Chair Meisel returned to preside over the balance of the meeting. 7. ADJOURN MOTION by Osmek, seconded by Brown to adjourn at 8:00 p.m. All voted in favor. Motion carried. Attest Bonme ~ er, ~ y Clerk Chair Pat'Meisel ~ 2