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IV.3. Hennepin County’s Transit Orientated Development Program Grant Application Authorization – 325 Blake Road (Cold Storage Site); Beekman (CR2017-113)S eptember19, 2017 C ou nc ilReport2017 -113 Hennepin County’s Transit Oriented Development Program Grant Application Authorization – 325 Blake Road (Cold Storage Site) Proposed Action S taffrec ommend s ad option ofthe followingmotion: M ove to approve Resolu tion 2017 - 062 in S u pportofM innehahaC reekW atershed Distric t’ s A pplic ation foraGrantfrom H ennepin C ou nty’ s TransitO riented DevelopmentP rogram forthe Demolition ofthe C old S torage bu ild ingat325 B lake Road . Overview The H ennepin C ou ntyH ou singand Red evelopmentA u thority(H C H RA )is making approximately$1. 7 million available to su pportpu blic and private mu lti-ju risd ic tional transit-oriented d evelopment(TO D)projects loc ated alongH ennepin C ou ntytransit c orrid ors where transitservic e is frequ entand highc apac ity. TO D P rogram fu nd s are intend ed to su pplementexistingprivate and pu blic resou rc es in su pportoftransit- oriented d evelopment. Eligible u ses offu nd s mu std emonstrate apu blic pu rpose. M innehahaC reekW atershed Distric tis c u rrentlyseeking$500, 000 toward s the estimated $1. 5million d emolition costs associated withthe c learance of325 B lake Road . Primary Issues to Consider Does the C itysu pportthe grantrequ estto H ennepin C ou ntyTO D forfu nd s to assistwiththe d emolition ofthe c old storage site? Supporting Information Resolu tion 2017 -062 ___________________________ M egB eekman C ommu nityDevelopmentC oord inator Council Report 2017-113 Page 2 Analysis of the Issues W ithapprovalofthis resolu tion, the W atershed Distric twillbe applyingfora$500, 000 grantfrom the H ennepin C ou ntyTO D fu nd . The fu nd s wou ld be u se to c overaportion ofthe c ostto d emolishand c learthe cold storage site. A portion ofthe c old storage bu ild ingis in the wayofthe fu llbu ild -ou tofthe B lake Road rec onstru c tion plans. Ifatleastaportion ofthe bu ild ingc annotbe taken d own in time for the road projec tconstru c tion sched u le, then some ofthe work, su c has plantings, bu ryingu tilities, and completion ofthe mu lti-u se trailwillneed to take place atalater d ate, and willlikelyimpac tthe proformaofafu tu re red evelopmenton the site, whic hin tu rn wou ld impac tanyfinanc ialgapassoc iated withthe projec t. The W atershed Distric t is seekingTO D grantfu nd s from H ennepin C ou ntyin the hopes ofu singitto remove at leastaportion ofthe bu ild ing, in ord erto allow fu llbu ild ou tofthe B lake Road rec onstru c tion plan. Alternatives The C ou nc ilhas the followingalternatives: A pprove Resolu tion 2017 -062 A pprove Resolu tion 2017 -062 withc hanges DenyResolu tion 2017 -062 and optnotto su pportthe grantrequ est CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2017-062 RESOLUTION SUPPORTING MINNEHAHA CREEK WATERSHED DISTRICT’S APPLICATION FOR A GRANT FROM HENNEPIN COUNTY’S TRANSIT ORIENTED DEVELOPMENT PROGRAM FOR THE COLD STORAGE REDEVELOPMENT WHEREAS the City of Hopkins has been working in cooperation with the Minnehaha Creek Watershed District on the redevelopment of the Cold Storage site at 325 Blake Road; and WHEREAS the City, the Minnehaha Creek Watershed District, and Hennepin County completed the Blake Road Implementation Plan, which included a redevelopment plan for the Cold Storage site, in October 2016; and WHEREAS the Blake Road Implementation Plan calls the demolition of the Cold Storage building, as well as a number of infrastructure improvements to facilitate transit oriented development around the Blake Road station area; and WHEREAS the City wishes to work cooperatively with the Minnehaha Creek Watershed District to submit an application requesting grant funds from the Hennepin County Transit Oriented Development Program; and WHEREAS the grant funds will be used for certain demolition and site clearance work at 325 Blake Road within the Blake Road Station Area; and WHEREAS the City supports the redevelopment of 325 Blake Road, also known as the Cold Storage site; and NOW THEREFORE BE IT RESOLVED that, after appropriate examination and due consideration, the governing body of the City supports the submission of a Transit Oriented Development Program grant application to the Hennepin County Housing and Redevelopment Authority for the proposed demolition of the Cold Storage building at 325 Blake Road by the Minnehaha Creek Watershed District. th Adopted this 19 day of September, 2017. By: ______________________________ Molly Cummings, Mayor Attest: _______________________________ Amy Domeier, City Clerk