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2021.05.04 EDA Meeting PacketAGENDA ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL  REGULAR MEETING  TUESDAY, MAY 4, 2021 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 March 2, 2021 Regular Meeting 4. Consider tentative acceptance of proposal for construction of a new residential building at 4741 Welcome Avenue North 5. Consider a resolution authorizing an application for Hennepin County Business District Initiative funds for a storefront improvement program 6. Update on development activity and 2021 Work Program * 7. Other business * 8. Adjournment * *Items for which no materials are included in the packet Page 1 of 2 Minutes of the Economic Development Authority of the City of Crystal Regular Meeting Council Chambers March 2, 2021 1. Call to Order Vice President Banks called the meeting of the Economic Development Authority of the City of Crystal (EDA) to order at 6:45 p.m. 2. Roll Call Upon call of the roll, the following members were present: Jim Adams, Brendan Banks, John Budziszewski, David Cummings, Therese Kiser and Nancy LaRoche. The following staff were present: Executive Director Anne Norris, Deputy Executive Director John Sutter and City Attorney Troy Gilchrist. 3. Approval of Minutes Moved by Commissioner Adams (Budziszewski) to approve the minutes from the February 16, 2021 regular meeting. Motion carried with Commissioners Adams, Banks, Budziszewski, Cummings, Kiser and LaRoche voting aye. 4. Consider a resolution approving a Tax Increment Financing Plan Modification for District #4 Mr. Sutter presented the plan modification and a resolution for EDA approval. Moved by Commissioner Budziszewski (LaRoche) to adopt the resolution approving a Tax Increment Financing Plan Modification for TIF District #4. Motion carried with Commissioners Adams, Banks, Budziszewski, Cummings, Kiser and LaRoche voting aye. 5. Other Business There was no other business 6. Adjournment Moved by Commissioner Budziszewski (Kiser) to adjourn the meeting. Motion carried with Commissioners Adams, Banks, Budziszewski, Cummings, Kiser and LaRoche voting aye. The meeting adjourned at 8:25 p.m. Page 2 of 2 These minutes of the March 2, 2021 meeting of the Crystal Economic Development Authority were approved by the Authority on ________________ ____, 20___. ______________________________ Olga Parsons, President ATTEST: ______________________________ Therese Kiser, Secretary Page 1 of 3 _____________________________________________________________________ FROM: Dan Olson, City Planner ____________________________________________________________________ TO: Anne Norris, City Manager (for May 4 meeting) DATE: April 29, 2021 RE: Consider tentative acceptance of proposal for construction of a new residential building at 4741 Welcome Avenue North In 2020 the EDA began seeking proposals from builders to purchase the vacant lot at 4741 Welcome Avenue North for $100,000 and construct a new residential building of 2-6 units. Two proposals have been received for a new 4-unit residential building. The two builders are Amani Construction and Gernco Construction: • Both are licensed builders with no enforcement actions • Neither has ever purchased a lot from the City of Crystal or the Crystal EDA • Both only have experience in single-family home construction Staff requests that the EDA discuss the two proposals and consider a motion to tentatively accept one of them (specify __ Amani or __ Gernco). Upon tentative acceptance of a proposal by the EDA, staff will work with the selected builder to finalize the site and building plans, have the EDA attorney prepare the Purchase and Development Agreement, publish the public hearing notice in the Sun Post, notify adjacent property owners by mail and post it to the surrounding neighborhoods on Nextdoor. The EDA public hearing and authorization of the lot sale would occur on June 1. However, the anticipated timeline then varies significantly for each builder (please see bottom of page 3). Attachments: A. Amani Construction proposal B. Gernco Construction proposal EDA Staff Report Lot Sale – Tentative Acceptance 4741 Welcome Avenue North Page 2 of 3 2018 Aerial Photo: Page 3 of 3 COMPARISON OF THE TWO PROPOSALS Project Element Amani Gernco Owned or rented Owner occupied; a homeowner’s association will be required to maintain common elements Rented; builder may choose to live in one of the units (but this will not be mandated) Number and type of units 4 units - attached (will be replatted as townhomes or condominiums so each unit can be sold separately) 4 unit apartment building but will look like townhomes (each unit will have private entrances/garages but may not be sold separately) Size of each unit 1,700 – 1,800 SF Units 1 & 4 are 1,800 SF Units 2 & 3 are 1,300 SF Building height 2 story, except for a 1-story section between the units that will allow for 2nd floor windows on all sides 2 story No. bedrooms & bathrooms 3-4 BR and 2½ BA per unit 3 BR and 1½ BA per unit Attached garage size 400 SF 340 SF Basement No Yes (finishable) Variances requested Yes – to north & south side setbacks Yes – to all setbacks (front, rear, and both sides) Project dependent on award of government funding Yes - builder is applying to MHFA’s Impact Fund, which finances affordable owner-occupied units No Anticipated Timeline 6/1 - EDA lot sale hearing 7/30 - apply to MHFA 9/13 - submit UDC appl. (site plan & variance) 10/11 - PC hearing 10/19 - CC action 10/29 - sign development agreement and provide $2,000 earnest money 12/17 - lot purchase closing 2022 or 2023 - construction 6/1 - EDA lot sale hearing 6/14 - submit UDC appl. (site plan & variance) 7/12 - PC hearing 7/20 - CC action 7/30 - sign development agreement and provide $2,000 earnest money 9/17 - lot purchase closing 2021 or 2022 - construction PROPOSAL FORM PROPOSAL TO THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL 4741 WELCOME AVENUE NORTH LOTS 3 AND 4 (EXCEPT FOR THE SOUTH 40’), BLOCK 2, TWIN LAKE ADDITION BUILDER OFFERS TO PURCHASE THIS LOT FOR $________________ (MINIMUM IS $100,000) This proposal is not a purchase agreement or other binding contract. At this time, the Builder is submitting a proposal to purchase this lot from the Economic Development Authority of the City of Crystal (EDA) and build a new residential building on the lot in accordance with the Proposal Guidelines. If, after a public hearing, this proposal is accepted by the EDA Board, then the Builder would sign a Purchase & Development Agreement and provide $2,000 earnest money for the lot. Only after such Agreements are signed would a binding contract exist between the EDA and the Builder. BUILDER: (Builder must be a Residential Building Contractor licensed by the State of Minnesota. Alternatively, a Contractor Registration with the state may be acceptable, depending on the contractor’s history and qualifications.) Name: ________________________________________________ State License Number: ____________________ Tel (1): ________________________ Tel (2): __________________________ Fax: _________________________ Address: ________________________________________ City/State/Zip:__________________________________ Email: __________________________________________ _______________________________ _____________ Signature Date REQUIRED ATTACHMENTS AND ADDITIONAL INFORMATION: ‰Approximate/example illustration of the type of building you would build on this lot. ‰The EDA will only sell lots to builders who have experience in residential construction larger than a single-family dwelling in Minnesota. Please list the addresses of three buildings you have built in Minnesota within the last five years, or attach other evidence of qualification for review by the city: Building #1: ______________________________________________________________ Building #2: ______________________________________________________________ Building #3: ______________________________________________________________ SUBMIT PROPOSAL TO:Dan Olson, City of Crystal, 4141 Douglas Dr N, Crystal MN 55422 763.531.1142 or dan.olson@crystalmn.gov Proposals may be submitted by hand delivery, U.S. Mail, or email (pdf format) ***PROPOSALS MAY BE SUBMITTED AT ANY TIME AND WILL BE CONSIDERED ON A “FIRST COME, FIRST SERVED” BASIS*** 100,000.00 Amani Construction & Renovations LLC BC674531 612.232.7264 7308 Aspen Lane N Ste 101 Brooklyn Park MN 55443 jkuria@amaniconstruction.com 8048 Idaho Circle N, Brooklyn Park 3315 Thomas Avenue N, Minneapolis 4200 Colfax Avenue N, Minneapolis 04/20/2021 City/State/Zip:________ ___________________ Signature Brook Attachment A 30'-0"30'-0"42'-0"1234WELCOME ALLEY 10'-0"42'-0"50'-0"10'-0"12'-0"2-CAR2-CAR2-CAR2-CARENTRANCEPATIO ONE STORYENTRANCEPATIO Attachment B Combined Multiunit Experience Introducing: Ken White Affiliations: Angle Rite Construction LLC and Gernco Construction LLC. Ken White is the project manager for Gernco Construction LLC and will be directly involved in the execution of the Four-plex at 4741 Welcome Avenue North. Ken White have the experience of Framing the following Multiunit townhomes, as a Sub-contractor (1) 5674-5684 Winnetka Avenue North (Six Unit Townhomes). (2) 4709 -4717 58th Avenue North (Twin homes). (3) 1480-1490 Waterford Dr (Twin homes). Contact: Ken White 763-772-5529 Anglerite@yahoo.com 6018 June Avenue N, Brooklyn Center, MN 55429 ___________________________________________________________________________  FROM: John Sutter, Community Development Director ___________________________________________________________________________ DATE: April 29, 2021 TO: Anne Norris, Executive Director (for May 4 EDA meeting) SUBJECT: Consider a resolution authorizing an application for Hennepin County Business District Initiative funds for a storefront improvement program The 2021 EDA Work Program includes an intention to help finance storefront improvements in the city’s older commercial strips by seeking funding from Hennepin County. A resolution of support from the EDA would help ensure the most competitive application possible. The proposed storefront improvement program would operate as follows: •The application seeks $50,000 from the Hennepin County Business District Initiative to finance storefront improvements such as facades and signage for older buildings within particular business districts in Crystal. •County funds may not be used for administrative expenses or other “soft” costs. Such expenses would be paid out of existing EDA budget line items such as legal services (to develop the loan documents) and professional services (architects or drafters to ensure the design quality of the improvements). This is the same approach used by the City of Hopkins for their very successful façade improvement program. •The storefront improvement assistance would be provided in the form of a deferred, forgivable, no interest loan for 50% of the project cost. •The deferred loan would have a 10-year term and the balance would be reduced by 10% each year. If the property is sold during the 10-year term, full repayment of the remaining loan balance would be required. Any repayments would be used to capitalize a revolving loan fund for Crystal to continue the program after the county funding is exhausted. •The minimum project would $10,000 (meaning a $5,000 forgivable loan). There would be no maximum project but the maximum forgivable loan would be $25,000. •The county board expects to make its funding awards this summer. •If the county funds our application, then staff would bring the specific grant agreement and program details to the EDA for consideration of final approval of the program. EDA adoption of the attached resolution is requested. EDA STAFF REPORT Hennepin County Business District Initiative Application - Storefront Improvement Program ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL HENNEPIN COUNTY STATE OF MINNESOTA RESOLUTION NO. 2021-02 RESOLUTION SUPPORTING AND ENDORSING AN APPLICATION FOR HENNEPIN COUNTY BUSINESS DISTRICT INITIATIVE FUNDS TO ESTABLISH A STOREFRONT IMPROVEMENT PROGRAM WHEREAS, a key City Council priority is to create a thriving business climate; and WHEREAS, the city’s Economic Development Authority has determined that the city should establish an incentive program to encourage business properties to improve their storefronts including elements such as building facades and signage; and WHEREAS, the city Economic Development Authority budget does not include sufficient funding to finance storefront improvements; and WHEREAS, Hennepin County has called for proposals for its 2021 Business District Initiative program and storefront improvements are an eligible use of funds for that program. NOW THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF CRYSTAL, MINNESOTA, that the application for a grant from the Hennepin County Business District Initiative is hereby supported and endorsed for the purpose of establishing a storefront improvement program for three specific business districts in the city, with eligibility being limited to the properties listed in Exhibit A to this Resolution. Adopted this 4th day of May, 2021. _______________________________ Olga Parsons, President _______________________________ Anne Norris, Executive Director EXHIBIT A Properties Eligible for Crystal Storefront Improvement Program Location Map ▲ NORTH Eligible Parcel Information (A) 6300-6600 56th Ave. N. / Bass Lake Road (CSAH 10) 2020 Aerial Photo showing Eligible Parcels in Business District 2019 Street Views (B) 6000-6304 42nd Ave. N. / Rockford Road (CSAH 9) 2020 Aerial Photo showing Eligible Parcels in Business District 2019 Street Views (C) 3528-3600 Douglas Dr. N. (CSAH 102) 2020 Aerial Photo showing Eligible Parcels in Business District 2019 Street Views