2017.05.16 EDA Meeting Packet (Special)AGENDA
ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL
•• •• SPECIAL MEETING •• ••
TUESDAY, MAY 16, 2017
IMMEDIATELY FOLLOWING THE 7:00 P.M. CITY COUNCIL MEETING
CRYSTAL CITY HALL
CONFERENCE ROOM A
1. Call to order *
2. Roll call *
3. Approval of minutes from the April 26, 2017 special meeting
4. Consider next steps for 5900 56 th Avenue North (continued from April 26, 2017
meeting)
5. Adjournment *
*Items for which no materials are included in the packet
Page 1 of 1
Minutes of the
Crystal Economic Development Authority
Special Meeting
April 26, 2017
President Kolb called the special meeting of the Crystal Economic Development Authority to
order at 6:30 p.m.
Upon call of the roll, the following members were present: Jim Adams, John Budziszewski,
Elizabeth Dahl, Julie Deshler, Jeff Kolb and Olga Parsons.
The following staff members were present: Anne Norris, Executive Director, John Sutter,
Deputy Executive Director, and Stephanie Revering, Police Chief.
Motion by Commissioner Budziszewski (Deshler) to approve the minutes of the April 10, 2017
special meeting.
Motion carried.
The EDA discussed potential next steps for the 4-plex at 5900 56 th Avenue North. Mr. Sutter
made a presentation and answered questions from the board.
Motion by Commissioner Adams (Parsons) to continue discussion of potential next steps for the
4-plex at 5900 56 th Avenue North to a subsequent meeting and adjourn the current meeting.
Motion carried.
The meeting adjourned at 7:43 p.m.
_______________________________
Jeff Kolb, President
ATTEST:
______________________________
Olga Parsons, Secretary
_____________________________________________________________________
FROM: John Sutter, Community Development Director
_____________________________________________________________________
DATE: May 11, 2017
TO: Anne Norris, City Manager (for May 16 EDA special meeting)
SUBJECT: Consider next steps for the 4-plex at 5900 56 th
(item continued from April 26, 2017 special meeting)
At a special meeting on April 10 the EDA authorized acquisition of the 4-plex at 5900 56 th
Avenue North (Bass Lake Road) for a purchase price of$295,000. The closing occurred on
May 9 and the EDA now owns the property.
For background, please see the attached slideshow from the April 26 meeting. At that
meeting, discussion was continued to a subsequent meeting (May 16).
On May 16 staff will present detailed information on the following options:
A. Demolition ASAP:
• Tenants would be relocated
• Small-scale redevelopment such as three single family lots or a small office building
is a near-term option
• Large-scale redevelopment would be possible with voluntary acquisition of 2 or 3
additional properties (resulting in 1 acre and 2 acre sites)
B. Hold for the time being to find partner for rehab project:
• Negotiate deal with an affordable housing developer/operator
• Could also include some EDA land to the west for new parking lot/garages
• No relocation of tenants now, but may ultimately be necessary for rehab work
C. Re-sell ASAP on open market with minimal investment by EDA:
• Repave and reconfigure parking lot to eliminate head-in parking
• Remove trash enclosure (switch to regular residential-style cans)
• No relocation of tenants
After the staff presentation on May 16 the EDA will be asked to provide additional direction.
EDA STAFF REPORT
5900 56 th Avenue North (Bass Lake Road)
Next Steps for 4-Plex
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