Community Development Committee Agenda
Standing Committee of the City Council, Minneapolis, Minnesota
February 14, 2012
1:30 p.m. - Room 317 City Hall
NOTE: All cellular telephones, pagers and BlackBerry devices to be switched to a non-audible function during Council and Committee meetings.
Committee Members Present: Council Members Goodman, Quincy, Reich, Lilligren, Gordon, Samuels (quorum 4)
Council Committee Coordinator: Irene Kasper (612) 673-2219
Department of Community Planning & Economic Development (CPED)
Grant Exclusive Development Rights for 24 months on two City-owned parcels at 2413 & 2423 Penn Ave N.
Staff Report: Lupe Dev Rights RCA
Action Taken: Approved.
2. Transportation Oriented Development (TOD) Grants:
Approve resolution authorizing submission and priority ranking of grant applications to the Metropolitan Council Livable Communities Demonstration Account (LCDA) TOD grants and Metropolitan Council Tax Base Revitalization Account (TBRA) TOD grants (Also in W&M/Budget).
Staff Report: TOD RCA; TOD MAP; TOD GUIDE; TOD RESL
Action Taken: Approved staff recommendation on ranking of TBRA TOD grants; LCDA TOD grant ranking recommendation amended as follows: 1) Bassett Creek Valley Predevelopment (CPED); 2) Penn & Broadway (Lupe Development); and 3) Boeser Site (Cornerstone).
3. 2% Loan Program and 2% Commercial Corridor/Commercial Node Loan Program:
2011 year-end status report and loan portfolio and delinquency information for the 2% Loan Programs.
Action Taken: Received & filed.
4. Land Sale (2001 Washington St NE):
Consider approving sale of property to Greater Metropolitan Housing Corporation for $1.00, subject to conditions: a) land sale closing must occur no later than April 15, 2012; & b) payment of holding costs of $300.00 per month (or portion thereof) if the land sale closing does not occur on or before the closing deadline. The sale conditions may be waived or amended with approval of the CPED Director (CD Action 1/17/2012: Postponed one cycle) (CD Action Taken 1/31/2012: Postponed to 2/28/2012).
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Last updated Feb 14, 2012