04-12-08 HRA Minutes Special Workshop
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SPECIAL WORKSHOP
OF THE
HOUSING AND REDEVELOPMENT AUTHORITY
February 12, 2008
Pursuant to due call and notice thereof, a special workshop of the Housing and
Redevelopment Authority of the City of Golden Valley, Hennepin County, Minnesota, was
held at 7800 Golden Valley Road in said City on February 12, 2008, at 5 pm, in the Council
Conference Room.
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The following members were present: Chair Paula Pentel and Commissioners Mike
Freiberg, Linda Loomis, DeDe Scanlon and Robert Shaffer. Also present were HRA
Director Thomas Burt, Assistant HRA Director Jeanne Andre, Director of Planning and
Development Mark Grimes, City Planner Joe Hogeboom and Finance Director Sue Virnig.
Golden Hills Redevelopment Area
Tom Burt and Jeanne Andre reviewed the plan and geographic area for the existing Golden
Hills Redevelopment Area. The current redevelopment area is concurrent with the current
tax increment financing (TIF) district (except for the portion south of 1-394), which ends in
2015. Opus has requested TIF for its new project on Xenia at Golden Hills Drive, which
would involve removing two parcels from the existing TIF district to create a 'new district.
Staff noted that the recent 1-394 Corridor Study incorporated a larger geographic area and
expressed a broader mission than the existing Golden Hills Redevelopment Area. As both
documents serve as planning guides for the City, staff recommended that these
documents be parallel in their vision. Another decision the Commissioners discussed was
whether to expand the redevelopment area to encompass all or a larger portion of the
Corridor Study Area. The Commissioners directed staff to develop a completely new
Golden Hills Redevelopment Plan that reflects the mission and geographic area of the
1-394 Study Area. '
Other Redevelol)ment Obiectives
Valley Square and North Wirth - Staff reported on the Valley Square and North Wirth
Redevelopment Areas and Tax Increment Financing (TIF) Districts. North Wirth TIF District
#3, a single parcel soil correction district, is open with tax increment available on a pay-as:-
you~go basis. The development is meeting the phasing requirements of the development
agreement, but is not moving forward as quickly as the developer anticipated. The original
North WirthTIF District has been closed. Most of the original Valley Square TIF District is
closed except for parts of Area B which provide increment to payoff outstanding bonds.
The Valley Square District will close in 2011.
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Douglas Drive - Staff inquired about Commissioner interest in considering a new
Redevelopment Area and Tax Increment Financing (TIF) District along Douglas Drive. It ;s
anticipated that United Properties will apply for TIF for senior housing at the northeast
corner of the intersection of Douglas Drive and Golden VaUey Road. In addition the
Commissioners have expressed interest in encouraging updating or redevelopment of the
Douglas Drive Apartments. The City has recently been awarded a grant for a non..
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Special Workshop of the Housing and Redevelopment Authority
February 12, 2008 w Page 2
motorized transportation' study for the corridor, which will also involve study of adjacent
land uses. Recommendations for road improvements that might come out of that study are
not currently included in the City's Capital Improvement Project. Staff recommended that a
new redevelopment area and tax increment financing district might be a way to finance
some of the Council objectives. The Council requested staff to set up a working group
including HRA Commissioners and Planning Commissioners to consider this issue and
identify the appropriate geographic area for further study.
Adiournment
The meeting was adjournedat6:15 pm.
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Paula Pentel, Chair
ATTEST:
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NOTICE OF PUBLIC HEARING ON
APPROVAL OF PRIVATE DEVELOPMENT AGREEMENT FOR REAL PROPERTY
EAST OF DOUGLAS DRIVE AND NORTH OF GOLDEN VALLEY ROAD TO UNITIED
PROPERTIES, LLC FOR DEVELOPMENT OF SENIOR HOUSING
NOTICE IS HEREBY GIVEN that the Housing and Redevelopment Authority (HRA) of
Golden Valley, Minnesota will meet at the Golden Valley City Hall, Council Chambers, 7800
Golden Valley Road, on Monday, November 10, 2008, at 6:30 p.m. and will then and there
consider the approval of a Private Development Agreement with United Properties, LLC. for
development of approximately 5 acres of property east of Douglas Drive and north of
Golden Valley Road pursuant to Minnesota Statutes Section 469.029.
The legal description of the property is as follows:
PARCEL 1:
Certificate of Title No. 1097768
That part of CIC Number 1089, The Villa On Bassett Creek, a Condominium, lying South of
the center line of Bassett's Creek as shown in the CIC Plat Number 1089.
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PARCEL 2:
Abstract Property
That part of the Southwest Quarter of the Southwest Quarter of Section 28, township 118,
Range 21 bounded by a line described as follows: commencing at the southwest corner of
said Section 28, thence East 17 % rods, thence North 9 rods, thence West 17 % rods,
thence South 9 rods to the point of beginning.
PARCEL 3:
Certificate of Title No. 543391
Parcel 1
Tract A, Registered Land Survey NO.1 079, Hennepin County, Minnesota.
Parcel 2
That part of Lot 29 lying East of a line drawn parallel with and 292.875 feet East of the
West line of Section 28, Township 118, Range 21 as measured along the South line ofthe
Section and lying South of the center line of Bassett's Creek, Auditor's Subdivision No. 346,
Hennepin County, Minnesota.
PARCEL 4:
Certificate of Title No. 1216894
Parcel 1
Tract A, Registered Land Survey No. 433, Hennepin County, Minnesota.
Parcel 2
North 200 feet of the West 33 feet of the Northwest Quarter of the Northwest Quarter of
Section 33, Township 118, Range 21, Hennepin County, Minnesota.
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Certificate of Title No. 749697
Tract 8, Registered Land Survey No. 433, Hennepin County, Minnesota.
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PARCEL 6:
Certificate of Title No. 795096
Tracts B, C and 0, Registered Land Survey NO.1 079, Hennepin County, Minnesota.
The proposal is to provide land write down assistance for the construction of senior housing
facilities of up to 232,606 gross sq. ft. including independent and assisted living units and
cooperative housing units and financing for Douglas Drive public infrastructure under a
development agreement with United Properties.
All interested persons may appear in person or by counsel and present their views orally or
in writing. If you require auxiliary aids or services to participate or communicate in this
meeting, please contact Judy Nally at 763-593-3991 (TTY: 763-593-3968) 48 hours before
the meeting time to make a request. Examples of auxiliary aids or services may include
sign language interpreter, assistive listening device, accessible meeting location, etc.
BY ORDER OF THE GOLDEN VALLEY
HOUSING AND REDEVELOPMENT AUTHORITY
Thomas D. Burt, HRA Director