2007-06-19MOUND HOUSING AND REDEVELOPMENT AUTHORITY
JUNE 19, 2007
The Housing and Redevelopment Authority in and for the City of Mound,
Minnesota, met in special session (concurrently with the City Council) on
Tuesday, June 19, 2007, at 6:30 p.m. in the council chambers of city hall.
Members present: Chairman Mark Hanus; Commissioners David Osmek, Mike
Specht, and John Beise.
Members absent: Greg Skinner
Others present: Executive Director Kandis Hanson, Community Development
Director Sarah Smith, Tom Stokes, Ken Perbox, Terry Foster, Dan Radecki, Tom
Murray, Barbara Peterson, Paula Larson, Bill Netka, Dorothy Netka, Chris
Kenelly, Chuck Alcon
1. Open meeting
Chair Hanus called the meeting to order at 6:30 p.m.
2. Update from MHRD and Welsh Companies
Chris Kenelly of Welsh properties provided an update regarding the east end of
Auditor's Road (Harbor Lane) and indicated that developer
discussions/negotiations with proposed interested restaurant user have been
discontinued. Developer indicated that the demographics due to proximity of the
lake affect the numbers and/or counts as contained in their market study for the
project. MHRD and Welsh have commenced a new market study and are
working with the consultant to help them understand the unique dynamics of the
lake area. The developer also informed the HRA that they are continuing to
pursue proposed anchor tenants for the Auditor's Road building and summarized
a list of potential restaurant clients that have been contacted or expressed
interest.
Kenelly also updated the HRA on the proposed tenant for the commercial
building in the Lost Lake District and they believe that they have a proposed user
and are anticipating a possible letter of intent within approximately 45 days for a
cafe-type tenant. They are also hoping to include a complementary tenant in that
building as well.
3. Discussion on property acquisition as it relates to redevelopment
John Dean provided an overview of the memorandum prepared which outlines a
number of discussion points and considerations if the HRA opts to entertain early
acquisition of properties. HRA members discussed that there are a number of
properties, especially in the downtown area, that have been impacted due to the
amount of time that has lapsed since the project originated. HRA members
HRA Minutes -June 19, 2007
discussed that any possible acquisition really needs to be done in a case-by-
case basis.
There were a number of property owners present that addressed the HRA
regarding concern over their properties in the redevelopment areas.
4. Adiourn
The meeting was adjourned at 8:30 p.m
_ Chair Mark Hanus
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Attest: Bonnie Ritter, City Clerk