Community Development Committee Agenda

Standing Committee of the City Council, Minneapolis, Minnesota

Regular Meeting
     February 28, 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

Public Hearings 1:30 p.m.

Department of Community Planning & Economic Development

 1.  Spirit on Lake Limited Partnership (re 2930 13th Ave S & 1238 E Lake St):
      a)  Consider resolution giving preliminary approval to the issuance of up to $5,500,000 in Tax-Exempt Multi-Family Housing Entitlement Revenue Bonds to finance acquisition & construction of a 46-unit multi-family housing facility for rental to low or moderate income persons;
      b)  Direct & authorize staff to either 1) Continue analysis of the Spirit on Lake project proposal to determine if tax increment financing (TIF) assistance is appropriate and justifiable (as previously approved in 2006), or 2) discontinue further TIF analysis for the project.
       If further directed analysis concludes TIF assistance is appropriate, then staff requests authorization to negotiate the terms and conditions of a redevelopment contract with Spirit on Lake, LP; and prepare redevelopment and TIF plans for the project as needed
(Also in W&M/Budget).
Staff Report:  Spirit on Lake RCA; Spirit on Lake ATTACH
Action Taken:  a) Approved; b) Approved direction to staff to continue analysis of proposal to determine if TIF assistance is appropriate & justifiable.

 2.  West Broadway Curve Limited Partnership (re 1926-2022 W Broadway):
      Consider resolution giving preliminary approval to the issuance of up to $5,800,000 in Tax-Exempt Multi-Family Housing Entitlement Revenue Bonds to finance acquisition & construction of a 50-unit multi-family rental housing development.
Staff Report:  W Broadway Curve RCA; W Broadway Curve ATTACH
Action Taken:  Approved.

 3.  Seward South Urban Renewal Plan:
      Consider resolution approving Modification No. 16 to the Seward South Urban Renewal Plan and Modification No. 119 to the Common Development and Redevelopment Plan and Common Tax Increment Financing Plan to facilitate the sale of excess land from the construction of the Hiawatha LRT Corridor to Z & K Development Company, for development of a bus parking area and storm water infiltration pond (Also in W&M/Budget).
Staff Report:  Seward S RCA;  Seward S ATTACH
Action Taken:  Approved.
 
4.  201 Lowry Avenue Northeast Redevelopment Plan:
     Consider approval of the 201 Lowry Avenue Northeast Redevelopment Plan to facilitate the redevelopment of a tax-forfeited property (the former Little Jack’s restaurant) (Also in W&M/Budget).
Staff Report:  201 Lowry RCA; 201 Lowry PLAN; 201 Lowry MAP
Action Taken:  Approved, with condition noted in staff report that the developer will not be requesting tax increment financing or affordable housing subsidy funds for this development.

 5.   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 Taken 1/31/2012:  Postponed to 2/28/2012).  
Staff Report:  2001 Washington RCA; 2001 Washington ATTACH; 2001 Washington PHOTO
Action Taken:  Deleted from agenda; referred back to staff.

 Consent Items

CPED

 6.  Environmental Remediation Grants:
      a)  Accept & appropriate grants from MN Department of Employment and Economic Development (DEED) in total amount of $1,822,001 for projects as follows:  222 Hennepin, 700 Central, 1100 2nd St S, Hobbs Bar-B-Que, Pillsbury Lofts, Seward Commons, Phase II, The GAV; from Metropolitan Tax Base Revitalization Account in total amount of $1,176,800 for projects as follows:  222 Hennepin , 430 Oak Grove, Artspace Jackson Flats, Riverside Plaza, Seward Commons, Phase II; and from Hennepin County Environmental Response Fund in total amount of $989,062 for projects as follows:  430 Oak Grove, 700 Central, 1100 2nd St S, Pillsbury Lofts, Seward Commons, Phase II & Spirit on Lake;
       b)  Approve appropriations accepting grant funds;
       c)  Approve resolution requested by Hennepin County regarding ERF grants (Also in W&M/Budget).
Staff Report:  Environmental Remediation Grants RCA
Action Taken:  Approved.

 7.  Reclassification of Tax Forfeit Properties (2222 McNair Ave; 2627 Oliver Ave N & 2014 Glenwood Ave):
      Approve placement of properties on a six-month hold for the City of Minneapolis/CPED.
Staff Report:  Tax Forfeited Properties RCA
Action Taken:  Approved.

 8.  Bridge to Success 2012 Program:     
       a)  Approve a loan, $250,000, for credit enhancement for Bridge to Success 2012 Program;
       b)  Approve appropriation (Also in W&M/Budget). 
Staff Report:  Bridge To Success RCA
Action Taken:  Approved.

 9.  Small Business Technical Assistance Program:
       a)  Direct staff to develop a Small Business Technical Assistance Program;
       b)  Direct staff to issue a Request for Proposals from local non-profit business consulting organizations to deliver technical assistance services to Minneapolis businesses.
Staff Report:  Small Business TA Program RCA; SBTAP EXB1; SBTAP EXB2; SBTAP EXB3
Action Taken:  Approved.

Notice: A portion of this meeting may be closed to the public pursuant to Minnesota Statutes Section 13D.03 or 13D.05.

Next Committee Meeting:   3/20/2012

Committee actions referred to the next City Council Meeting:   3/8/2012

 



 

Last updated Feb. 28, 2012