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2016.06.21 EDA Meeting Packet (Special)AGENDA ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL  SPECIAL MEETING  TUESDAY, JUNE 21, 2016 IMMEDIATELY FOLLOWING THE 7:00 P.M. CITY COUNCIL MEETING CRYSTAL CITY HALL COUNCIL CHAMBERS 1. Call to order * 2. Roll call * 3. Approval of minutes from the June 7, 2016 regular meeting 4. Public Hearing: Consider a resolution authorizing the sale of 3122 Douglas Drive North to Tollberg Homes for new home construction 5. Consider tentative acceptance of proposal from Timbercraft Enterprises for 4331 Vera Cruz Avenue North 6. Other business * 7. Adjournment * *Items for which no materials are included in the packet Minutes of the Crystal Economic Development Authority Regular Meeting June 7, 2016 President Peak called the regular meeting of the Crystal Economic Development Authority to order at 6:50 p.m. Upon call of the roll, the following members were present: Jim Adams, Elizabeth Dahl, Jeff Kolb, Laura Libby, Olga Parsons and Casey Peak. The following staff members were present: Kim Therres, Assistant City Manager; John Sutter, Community Development Director; and Troy Gilchrist, City Attorney. Motion by Commissioner Kolb (Parsons) to approve the minutes of the May 17, 2016 special meeting. Motion carried. The EDA held a public hearing to consider a resolution authorizing the sale of a lot at 4901 Vera Cruz Avenue North to Yorway Custom Home Builders for new house construction. Mr. Sutter presented the staff report and answered questions from the board. President Peak opened the public hearing. No one appeared and the hearing was closed. Motion by Commissioner Parsons (Kolb) to adopt a resolution authorizing the sale of 4901 Vera Cruz Avenue North to Yorway Custom Home Builders for new house construction. Motion carried. There was no other business. Motion by Commissioner Adams (Dahl) to adjourn the meeting. Motion carried. The meeting adjourned at 6:56 p.m. _______________________________ Casey Peak, President ATTEST: ______________________________ Olga Parsons, Vice President Page 1 of 1 ___________________________________________________________________________ FROM: Dan Olson, City Planner ___________________________________________________________________________ DATE: June 17, 2016 TO: Anne Norris, Executive Director (for June 21 EDA meeting) SUBJECT: PUBLIC HEARING: Consider a resolution authorizing the sale of lot at 3122 Douglas Drive North to Tollberg Homes for construction of a new house Tollberg Homes, a Minnesota Residential Building Contractor with no enforcement act ions, has submitted a proposal to purchase the lot at 3122 Douglas Drive North for $55,000. The EDA tentatively accepted the builder’s proposal on May 17, 2016, and authorized an Option Agreement with Tollberg. On May 19, 2016, Tollberg notified staff that they would like to exercise their option to purchase the property. The proposed resolution, site location map, proposal form, site sketch and house plan are attached. This information has not changed since the May 17th meeting. The proposed home is a split entry with an attached three car garage. The house would have approximately 1,200 finished square feet on the main level with an open living -dining-kitchen area, three bedrooms and two bathrooms. It would also have unfinished square footage on the lower level, with an option to have it finished with additional bedrooms, a bathroom, laundry room or family room. The builder does not yet have a buyer for the house. For 3122 Douglas Drive, if on June 21 the EDA adopts the attached resolution, then the lot sale would close in July. Construction would begin after closing with completion anticipated by early 2017. REQUESTED EDA ACTION: After holding the public hearing and receiving any testimony, consider adopting the attached resolution authorizing the property sale of 3122 Douglas Drive North to Tollberg Homes. EDA STAFF REPORT PUBLIC HEARING 3122 Douglas Drive North – Sale of Lot to Tollberg Homes ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL HENNEPIN COUNTY STATE OF MINNESOTA RESOLUTION NO. 2016-03 A RESOLUTION AUTHORIZING THE SALE OF 3122 DOUGLAS DRIVE NORTH FOR NEW HOUSE CONSTRUCTION WHEREAS, the Economic Development Authority of the City of Crystal (“the EDA”) is the owner of 3122 Douglas Drive North, legally described as follows: The North 60 feet of the West 150 feet of Lot 26, Sunnybrook Acres, Hennepin County, Minnesota (“the Property”); and WHEREAS, the EDA has solicited proposals from builders who desire to purchase the Property from the EDA and construct thereon a new single family house; and WHEREAS, the EDA has reviewed and accepted the proposal from Tollberg Homes. NOW, THEREFORE, BE IT RESOLVED that the EDA authorizes th e sale of the Property to Tollberg Homes. BE IT FURTHER RESOLVED that the sale shall be completed in accordance with the terms of the Purchase and Redevelopment Agreement in substantially the form on file in City Hall, and that the President and Executive Director are hereby authorized to sign said Agreement and other documents required to complete the sale of the Property to Tollberg Homes. Adopted this 21st day of June, 2016. ____________________________________ Casey Peak, President ____________________________________ Anne Norris, Executive Director Page 1 of 1 ___________________________________________________________________________ FROM: Dan Olson, City Planner ___________________________________________________________________________ DATE: June 17, 2016 TO: Anne Norris, Executive Director (for June 21 EDA meeting) SUBJECT: Consider tentative acceptance of proposal by Timbercraft Enterprises for the lot at 4331 Vera Cruz Avenue North Timbercraft Enterprises has submitted a proposal to purchase the lot at 4331 Vera Cruz Avenue North. The lot price is $50,000. Timbercraft is a state-licensed residential building contractor with no enforcement actions. Attached are an aerial photo and builder’s proposal form. Also attached are preliminary site and building plans for a home built by Timbercraft in Columbia Heights. If Timbercraft is given preliminary approval by the EDA of these plans, then a revised house plan tailored for the property at 4331 Vera Cruz Avenue North would be submitted to the EDA at the required public hearing. The builder has a buyer for the home. The house plans are for a new one-story home with a detached garage accessed off of the alley. The proposed house would have approximately 1,150 finished square feet on the main floor with an open living-dining-kitchen area, three bedrooms and two bathrooms. The lower level would have a laundry area and space for a bedroom, bathroom and family room to be finished later. For the public hearing, the applicant will revise the house floor plans to reconfigure the location of the bedrooms and create a rear entrance to easily access the back yard and the detached garage. In addition to the front and rear entrances, the builder is also proposing a secondary entrance on the south side of the home. Staff r ecommends that this entrance be removed in the revised house plans since it would be very close to the existing home at 4327 Vera Cruz Avenue North (see proposed site plan). The required public hearing would be scheduled if the EDA gives tentative acceptance of the proposal. REQUESTED EDA ACTION: EDA tentative approval of the purchase proposal with Timbercraft Enterprises for the EDA lot at 4331 Vera Cruz Avenue North, subject to the changes described in this staff report. EDA STAFF REPORT 4331 Vera Cruz Avenue North Tentative acceptance of lot purchase proposal from Timbercraft Enterprises