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HRA Agenda Pkt 11-14-16 HOPKINS HRA SPECIAL MEETING November 14, 2016 7 p.m. I. CALL TO ORDER II. CONSENT AGENDA 1. ITEM 2016-13 Adopt HRA Meeting Calendar for 2017 2. ITEM 2016-14 Amended and restated parking lot improvement agreement 3. ITEM 2016-15 Third amendment to purchase and development agreement—Mokabaka, LLC Recommendation: approve consent agenda Board Action: ________________________________________ III.ADJOURNMENT Board Action: ________________________________________ CUMMINGS CAMPBELL GADD HALVERSON KUZNIA MORNSON ELVERUM November S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 December S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 November 9, 2016 HRA Report 2016-13 HRA 2017 MEETING CALENDAR Proposed Action Staff recommends approval of the following motion: adopt the Hopkins City Council 2017 Meeting Calendar as approved by the Hopkins City Council on October 4, 2016, as the HRA Meeting Calendar for 2017. Overview The City Council, at their October 4 meeting, approved a meeting calendar for the upcoming year. The purpose of this calendar is to make adjustments based on known conflicts. The calendar also identifies specific meeting dates for the HRA. The board is now being requested to take official action adopting this calendar. Supporting Document • Hopkins City Council 2017 Meeting Calendar ____________________________ Kersten Elverum Planning & Development Director 2017 City Council Schedule Sunday January 1 2017 New Year's Day Holiday Monday January 2 2017 New Year's Day Holiday City Hall Closed Tuesday January 3 2017 HRA Meeting 7:00 PM Tuesday January 3 2017 City Council Meeting 7:05 PM Tuesday January 10 2017 City Council Work Session 6:30 PM Friday January 13 2017 GOAL SETTING 9:00 - 4:00 PM Monday January 16 2017 Martin Luther King Day City Hall Closed Tuesday January 17 2017 City Council Meeting 7:00 PM Monday January 23 2017 Park Board – Council Chambers 6:30 PM Tuesday January 24 2017 Zoning & Planning Commission 6:30 PM Thursday January 26 2017 STATE OF THE CITY 5:00 PM Tuesday February 7 2017 HRA Meeting 7:00 PM Tuesday February 7 2017 City Council Meeting 7:05 PM Tuesday February 14 2017 City Council Work Session 6:30 PM Monday February 20 2017 President's Day City Hall Closed Tuesday February 21 2017 City Council Meeting 7:00 PM Monday February 27 2017 Park Board – Council Chambers 6:30 PM Tuesday February 28 2017 Zoning & Planning Commission 6:30 PM Tuesday March 7 2017 HRA Meeting 7:00 PM Tuesday March 7 2017 City Council Meeting 7:05 PM Tuesday March 14 2017 City Council Work Session 6:30 PM Monday March 20 2017 Park Board - Council Chambers 6:30 PM Tuesday March 21 2017 City Council Meeting 7:00 PM Tuesday March 28 2017 Zoning & Planning Commission 6:30 PM Tuesday April 4 2017 HRA Meeting 7:00 PM Tuesday April 4 2017 City Council Meeting 7:05 PM Tuesday April 11 2017 City Council Work Session 6:30 PM Monday April 17 2017 Park Board - Council Chambers 6:30 PM Tuesday April 18 2017 City Council Meeting 7:00 PM Tuesday April 25 2017 Zoning & Planning Commission 6:30 PM Tuesday May 2 2017 HRA Meeting 7:00 PM Tuesday May 2 2017 City Council Meeting 7:05 PM Tuesday May 9 2017 City Council Work Session 6:30 PM Monday May 15 2017 Park Board - Council Chambers 6:30 PM Tuesday May 16 2017 City Council Meeting 7:00 PM Tuesday May 23 2017 Zoning & Planning Commission 6:30 PM Monday May 29 2017 Memorial Day City Hall Closed Tuesday June 6 2017 HRA Meeting 7:00 PM Tuesday June 6 2017 City Council Meeting 7:05 PM Monday June 12 2017 City Council Work Session 6:30 PM Monday June 19 2017 Park Board - Council Chambers 6:30 PM Tuesday June 20 2017 City Council Meeting 7:00 PM Tuesday June 27 2017 Zoning & Planning Commission 6:30 PM Tuesday July 4 2017 Independence Day Holiday City Hall Closed Tuesday July 11 2017 HRA Meeting 7:00 PM Tuesday July 11 2017 City Council Meeting 7:05 PM Monday July 17 2017 Park Board - Council Chambers 6:30 PM Tuesday July 18 2017 City Council Work Session 7:05 PM Tuesday July 25 2017 Zoning & Planning Commission 6:30 PM Monday July 31 2017 City Council Meeting 7:05 PM Tuesday August 1 2017 NATIONAL NIGHT OUT Tuesday August 8 2017 City Council Work Session 6:30 PM Monday August 14 2017 Park Board - Council Chambers 6:30 PM Tuesday August 15 2017 City Council Meeting 7:00 PM Tuesday August 22 2017 Zoning & Planning Commission 6:30 PM Monday September 4 2017 Labor Day City Hall Closed Tuesday September 5 2017 HRA Meeting 7:00 PM Tuesday September 5 2017 City Council Meeting 7:05 PM Tuesday September 12 2017 City Council Work Session 6:30 PM Monday September 18 2017 Park Board - Council Chambers 6:30 PM Tuesday September 19 2017 City Council Meeting 7:00 PM Tuesday September 26 2017 Zoning & Planning Commission 6:30 PM Tuesday October 3 2017 HRA Meeting 7:00 PM Tuesday October 3 2017 City Council Meeting 7:05 PM Tuesday October 10 2017 City Council Work Session 6:30 PM Monday October 16 2017 Park Board - Council Chambers 6:30 PM Tuesday October 17 2017 City Council Meeting 7:00 PM Tuesday October 24 2017 Zoning & Planning Commission 6:30 PM Monday November 6 2017 HRA Meeting 7:00 PM Monday November 6 2017 City Council Meeting 7:05 PM Tuesday November 7 2017 Election Day General Friday November 10 2017 Veteran's Day "Holiday" observed City Hall Closed Saturday November 11 2017 Veteran's Day "Holiday" Monday November 13 2017 City Council Meeting 6:15 PM Monday November 13 2017 City Council Work Session 6:30 PM Monday November 20 2017 Park Board - Council Chambers 6:30 PM Tuesday November 21 2017 City Council Meeting 7:00 PM Thursday November 23 2017 Thanksgiving Day City Hall Closed Friday November 24 2017 Thanksgiving Friday City Hall Closed Tuesday November 28 2017 Zoning & Planning Commission 6:30 PM Tuesday December 5 2017 HRA Meeting 7:00 PM Tuesday December 5 2017 City Council Meeting 7:05 PM Tuesday December 12 2017 City Council Work Session 6:30 PM Monday December 18 2017 Park Board - Council Chambers 6:30 PM Tuesday December 19 2017 City Council Meeting 7:00 PM Monday December 25 2017 Christmas Day City Hall Closed Tuesday December 26 2017 Zoning & Planning Commission 6:30 PM November 9, 2016 HRA Report 2016-14 AMENDED AND RESTATED PARKING LOT IMPROVEMENT AGREEMENT Proposed Action Staff recommends adoption of the following motion: Move to approve the Amended and Restated Parking Lot Improvement Agreement among the Hopkins HRA, the City of Hopkins and the George R. Wolff Post No. 425, Veterans of Foreign Wars of the United States (VFW). With this motion, it is understood that minor modifications can be made to the agreement that do not affect the overall intent. Overview As part of the Shady Oak Road reconstruction project, the City of Hopkins received Community Works funds to help offset the parking lost to the road project and create redevelopment opportunities. One of the eligible activities under the grant agreement with Hennepin County is to improve private parking lots. Through the agreement, the VFW agreed to contribute a portion of the easement settlement under the road project, totaling $96,000. Those funds were to be combined with Community Works funds to fund the following improvements: o Necessary water drainage structures. o A modular block retaining wall (with a fence on top of it) on the west side of the existing parking to support additional parking. o Four light standards. o Curb and gutter around the perimeter of the parking lot. o New parking lot base and asphalt. o Striping that meets all applicable city codes regarding minimum number of handicap accessible stalls. The project is now complete at a total cost of $254,100, but over the course of the project changes were made to how the money was distributed and how the work was administered. The amended agreement recognizes those changes. Primary Issues to Consider The major changes to the agreement include a change in project administration from the City of Minnetonka to the City of Hopkins, and an acknowledgement that Hennepin County held back road payment funds instead of releasing them to the VFW to be deposited with the City. Supporting Documents • Amended and Restated Parking Lot Improvement Agreement ___________________________ Kersten Elverum Director of Planning & Development Financial Impact: $____0____Budgeted: Y/N ____ Source: ____________ Related Documents (CIP, ERP, etc.): __________________________________ Notes: ___________________________________________________________ 488775v2 AMB HP145-9 1 AMENDED AND RESTATED PARKING LOT IMPROVEMENT AGREEMENT This Amended and Restated Parking Lot Improvement Agreement (the “Restated Agreement”) is made and entered into by and between the Hopkins Housing and Redevelopment Authority, a body corporate and politic under the laws of the state of Minnesota (the “HRA”), the city of Hopkins, a municipal corporation under the laws of the state of Minnesota (the “City”), and the George R. Wolff Post No. 425, Veterans of Foreign Wars of the United States, a Minnesota non- profit corporation (“Post 425”). RECITALS WHEREAS, the parties hereto entered into an agreement dated October 4th, 2013 (the “Prior Agreement”), a copy of which is attached hereto as Exhibit A; and WHEREAS, the Prior Agreement identified various roles and responsibilities of the parties with respect to certain infrastructure improvements; and WHEREAS, the parties’ roles under the Prior Agreement have significantly changed to the extent that the parties hereby wish to enter into this Restated Agreement for the purpose of amending and restating their agreement; and WHEREAS, the parties desire to supersede the Prior Agreement with respect to certain duties and obligations contained therein. NOW, THEREFORE, for good and valuable consideration, the adequacy and sufficiency of which is expressly acknowledged herein, the parties hereto agree as follows: 1. Property. Post 425 is the fee owner of real property which is located at 100 Shady Oak Road, Hopkins, Minnesota, and which is legally described in Exhibit B, attached hereto (the “Property”). 2. Project Scope. In accordance with a road project, Hennepin County acquired certain right of way near the Property. By separate agreement, Hennepin County agreed to pay Post 425 $233,200.00 for various easements over the Property. Based on various responsibilities to be undertaken by the HRA under the Prior Agreement, Post 425 agreed to expend $96,000.00 for improvements to parking lot improvements located on the Property. 3. Cooperative Agreement. The HRA had previously entered into a cooperative agreement with the city of Minnetonka (“Minnetonka”), the Hennepin county housing and redevelopment authority (“HCHRA”), the city of Hopkins (the “City”), and the Minnetonka economic development authority (the “Minnetonka EDA”) (collectively the “Cooperative Agreement”). Such Cooperative Agreement was dated November 16th, 2012. 488775v2 AMB HP145-9 2 4. Project Management. Whereas the Prior Agreement stated that Minnetonka would be the project manager, the parties have agreed that the City of Hopkins will act as the project manager, and has so acted since the project began. Therefore, the City of Hopkins shall undertake all responsibilities, as reasonably practicable, as were assigned to Minnetonka under the Prior Agreement. 5. Parking Improvements. All of the parking improvements, including timelines and contingencies, contained in the Prior Agreement, shall be conducted by the City of Hopkins as the project manager. To the extent possible, the City of Hopkins shall abide by the contract terms set out in the Prior Agreement. 6. Payment. The Prior Agreement contemplated a lump-sum payment from Hennepin County to Post 425 of $233,000, which amount represents a full and complete payment of the amounts due under the Prior Agreement. However, Hennepin County has retained $96,000 from that amount, which amount represents such amount as shall be used for the parking improvements. To receive payment, the City must complete the necessary work, and then apply to Hennepin County for reimbursement. 7. Grant of License. Post 425, in the Prior Agreement, granted to Minnetonka a license to use the parking area delineated therein for purposes of constructing the parking improvements. By executing this Restated Agreement, Post 425 grants to the City the same license, in all respects, as that granted within the Prior Agreement. 8. Applicability of Prior Agreement. The parties hereto agree that the intent of this Restated Agreement is to modify various critical terms related to the parking lot improvements. Because of that, certain items contained in the Prior Agreement have been specifically amended herein. However, where possible, the Prior Agreement shall remain in force and effect, with the changes noted herein, specifically the change of responsibility with respect to project management activities and payment. The parties further agree to give full effect, where reasonably possible, to the terms and spirit of the Prior Agreement. Finally, where two provisions directly conflict between the Prior Agreement and this Restated Agreement, this Restated Agreement shall prevail. 9. Duty to Participate. Given the nature of the change in funding for the parking lot improvements, whereby the City is required to complete the work and then seek reimbursement from Hennepin County, Post 425 hereby expressly agrees that it will take any reasonable and necessary steps to assist the City in securing such reimbursements. Should Post 425 fail to take such reasonable and necessary steps, and the City is not reimbursed, Post 425 agrees to repay those non-reimbursed amounts to the City. [Remainder of Page Intentionally Left Blank] 488775v2 AMB HP145-9 3 IN WITNESS WHEREOF, this Restated Agreement has been executed by the parties hereto as of the date set forth above. HOPKINS HOUSING AND REDEVELOPMENT AUTHORITY By: ____________________________ Its: ____________________________ By: ____________________________ Its: ____________________________ CITY OF HOPKINS By: _____________________________ Molly Cummings Its: Mayor By: ______________________________ Michael J. Mornson Its: City Manager GEORGE R. WOLFF POST NO. 425, VETERANS OF FOREIGN WARS OF THE UNITED STATES By: ____________________________ Its: ____________________________ By: ____________________________ Its: ____________________________ 488775v2 AMB HP145-9 A-1 EXHIBIT A PRIOR AGREEMENT 488775v2 AMB HP145-9 A-2 488775v2 AMB HP145-9 A-3 488775v2 AMB HP145-9 A-4 488775v2 AMB HP145-9 A-5 488775v2 AMB HP145-9 A-6 488775v2 AMB HP145-9 A-7 488775v2 AMB HP145-9 A-8 488775v2 AMB HP145-9 A-9 488775v2 AMB HP145-9 A-10 488775v2 AMB HP145-9 A-11 488775v2 AMB HP145-9 A-12 488775v2 AMB HP145-9 B-1 EXHIBIT B LEGAL DESCRIPTION OF PROPERTY [Insert Legal Description of Property] November 9, 2016 HRA Report 2016-15 THIRD AMENDMENT TO PURCHASE AND DEVELOPMENT AGREEMENT – MOKABAKA, LLC Proposed Action Staff recommends adoption of the following motion: Move to approve Third Amendment to Purchase and Development Agreement between Mokabaka, LLC and the Hopkins Housing & Redevelopment Authority. With this motion the amendment will be drafted and executed. Overview In November 2013, SSI Properties, acting on behalf of Mokabaka, LLC, and the Hopkins Housing & Redevelopment Authority (HRA), entered into a Purchase and Development Agreement stating the terms and conditions for acquisition of the former Leaman Liquor/Nelson’s Meats and Syndicate Sales properties and the redevelopment thereof. The agreement stated that Mokabaka, LLC, was to commence construction on a new building no later than December 1, 2013, and substantially complete construction, including the demolition of the Syndicate Sales building, within 18 months. Mokabaka, LLC, began construction of the new building within the time identified, but was unable to complete construction within the original18-month period. Wet weather conditions, poor soils, and contractor delays on both the Shady Oak Road and the redevelopment projects were all factors, and as a result, the HRA approved an extension of the date for completion of construction to May 31, 2016. The work was again unable to be completed by that deadline, now complicated by the schedule of Syndicate Sales and their inability to renovate the building they are to move into while tending to their business. The Council approved a 6-month extension, to November 30, 2016. At this time, Syndicate Sales has moved out of the property that is to be demolished and that work has been scheduled, but site work including any needed environmental remediation will not be completed by November 30. Staff is recommending an extension to June 30, 2017, to allow for completion of the parking lot improvements. Primary Issues to Consider This amendment will allow additional time to complete the project and is viewed as the last amendment necessary to complete the work. Supporting Documents • Third Amendment to Purchase and Development Agreement – Mokabaka, LLC ___________________________ Kersten Elverum Director of Planning & Development Financial Impact: $____0____Budgeted: Y/N ____ Source: _______________________ Related Documents (CIP, ERP, etc.): __________________________________________ Notes ___________________________________________________________________ 1 489467v1 HP145-4 THIRD AMENDMENT TO PURCHASE AND DEVELOPMENT AGREEMENT This Third Amendment to Purchase and Development Agreement (this "Third Amendment") is made and executed this ______ day of November, 2016, by Mokabaka LLC, a limited liability company under the laws of the State of Minnesota ("Redeveloper"), and the Housing and Redevelopment Authority in and for the City of Hopkins, a public body corporate and politic, under the laws of Minnesota ("Authority"). RECITALS A. On November 04, 2013, Redeveloper and the Authority entered into a Purchase and Development Agreement (the "Development Agreement") stating the terms and conditions for acquisition of the Redevelopment Property (as defined in the Development Agreement) and the redevelopment thereof by the Redeveloper in accordance with the terms and conditions of the Development Agreement. The Redevelopment Property is legally described in Exhibit A attached hereto and is referred to in the Development Agreement and this Third Amendment as the "Redevelopment Property". The Development Agreement was filed for record on November 27, 2013, as Hennepin County Registrar of Titles Document No. T5135961. B. Section 4.3 of the Development Agreement states that Redeveloper is to commence construction of the Minimum Improvements (as defined in the Development Agreement) within sixty days after conveyance of the Redevelopment Property to the Redeveloper and complete construction of the Minimum Improvements within one year after commencement of construction. Redeveloper timely commenced construction of the Minimum Improvements, but did not complete construction thereof within one year of commencement of construction. As such, the Redeveloper requested and the Authority approved an Amendment to 2 489467v1 HP145-4 Purchase and Development Agreement (the “Amendment”) dated the 29th day of October, 2014, and filed for record on _________________, 2014, as Hennepin County Registrar of Titles Document No. ______________. Subsequent to such Amendment, the Redeveloper has requested that the Authority approve extension of the date for completion of construction of the Minimum Improvements to November 30, 2016. The Authority approved that extension on the condition that Redeveloper execute a second amendment (the “Second Amendment”) and record the same as servitude upon the title to the Redevelopment Property. Subsequent to the Second Amendment, the Redeveloper has requested that the Authority approve a third amendment extending the date for completion to June 30, 2017 (the “Third Amendment”). The Authority desires to approve this Third Amendment on the condition that the Redeveloper execute the same and record the same as a servitude upon the title to the Redevelopment Property. NOW, THEREFORE, in consideration of the foregoing Recitals, which are incorporated in and made a part of this Third Amendment, Redeveloper and the Authority agree the Development Agreement is amended as follows: 1. Defined Terms. All words and phrases defined in the Development Agreement shall, when used in this Third Amendment, have the same meanings stated in the Development Agreement unless the context clearly requires a different meaning. All references to the "Development Agreement" shall mean and refer to the Development Agreement, the Amendment and this Third Amendment, collectively. 2. Third Amendment of Section 4.3 of Development Agreement. This Section 4.3 of the Development Agreement, as modified by the prior Amendments, is modified to state that the Redeveloper shall complete construction of the Minimum Improvements no later than June 30, 2017. 3 489467v1 HP145-4 3. Guaranty Agreement. Reference is made to that certain Guaranty Agreement dated November 22, 2013, executed by the Redeveloper in favor of the Authority ("Guaranty Agreement") guaranteeing the performance by SSI Properties, Inc., a California corporation ("SSI") of all of the Obligations (as defined in the Guaranty Agreement) of SSI under the Development Agreement. By a Quitclaim Deed dated May 21, 2014, SSI transferred fee title to the Redevelopment Property to Redeveloper. By acceptance of that Quitclaim Deed, Redeveloper rescinded the assignment of its rights under the Development Agreement to SSI and assumed sole responsibility for the performance of all obligations of the Redeveloper under the Development Agreement. Redeveloper acknowledges and agrees that the Development Agreement, as modified by the Amendment, is reaffirmed and remains in full force and effect pursuant to its original terms and conditions, as modified by this Third Amendment, and confirms and agrees that the Redeveloper is solely and primarily responsible for performance of all obligations of the Redeveloper thereunder. Therefore, the Guaranty Agreement shall be of no further force or effect from and after the date of the Amendment. 4. Integration. This Third Amendment is incorporated in and made a part of the Development Agreement and the prior Amendments in their entireties. The Development Agreement and the Amendment shall remain in effect in all of their terms, covenants and conditions as modified by this Third Amendment. 4 489467v1 HP145-4 IN WITNESS WHEREOF, Redeveloper and the Authority have executed this Third Amendment effective as of the date and year first above written. MOKABAKA LLC By: _________________________________ Dan Dorholt Its: Chief Manager STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ______ day of November, 2016, by Dan Dorholt, the General Manager of Mokabaka LLC, a limited liability company under the laws of the State of Minnesota, on behalf of the limited liability company. _______________________________________ Notary Public 5 489467v1 HP145-4 HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY CITY OF HOPKINS, MINNESOTA. By: _________________________________ Its: Chair By: _________________________________ Its: Executive Director STATE OF MINNESOTA ) ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this ______ day of November, 2016, by Molly Cummings and Michael J. Mornson, the Chair and the Executive Director of the Housing and Redevelopment Authority in and For the City of Hopkins, a public body politic and corporate under the laws of the State of Minnesota. ________________________________________ Notary Public THIS INSTRUMENT WAS DRAFTED BY: Kennedy & Graven, Chartered (SJR) 470 U.S. Bank Plaza 200 South Sixth Street Minneapolis, MN 55402 (612) 337-9300 489467v1 HP145-4 MORTGAGEE'S CONSENT ___________________ , a ______________________, the mortgagee named in that certain Mortgage dated ____________, 2013, which was recorded __________ ___________________ , 2013, at Hennepin County as Hennepin County Registrar of Titles Document No. ____________, hereby consents to the foregoing Third Amendment to Purchase and Development Agreement and agrees that said Mortgage shall be subject and subordinate to said Third Amendment to Purchase and Development Agreement. ____________________________ By: _______________________ Its: _______________________ STATE OF MINNESOTA ) ) ss. COUNTY OF ____________ ) The foregoing instrument was acknowledged before me this ______ day of November, 2016 , by ______________________, the ____________________________ of _____________________, under the laws of the _______________________, on behalf of the ___________________. ______________________________ Notary Public A-1 489467v1 HP145-4 EXHIBIT A LEGAL DESCRIPTION OF REDEVELOPMENT PROPERTY Lot 1, Block 1, Dorholt Addition, Hennepin County, Minnesota