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CR 08-069 Modification to the Redevelopment Plan for Redevelopment Project # 1G \TY OF I* H0PKINS August 4, 2008 Council Report 2008 -069 MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1. Proposed Action Staff recommends adoption of the following motion: approve Resolution 2008 -042 modifying the Redevelopment Plan for Redevelopment Project No. 1 Overview In February of this year the City Council authorized an application to Hennepin County for Transit - oriented Development (TOD) funds to build and upgrade sidewalks on Blake Road from Excelsior Boulevard to Highway 7. The TOD program requires that the project site be within a designated Redevelopment Project Area. While some of the proposed project site was within Redevelopment Project No. 1, other portions were not. Staff is recommending modifying the Redevelopment Project Area to include all areas of the Hennepin County TOD project site. On July 22, 2008, Hennepin County approved a little over half of the requested TOD funds, or $245,000. This award is contingent on the project site being within a Redevelopment Project Area. Approval of Resolution 2008 -042 will allow the modification to be filed with the State and Hennepin County, which will in turn allow the City of Hopkins to use the TOD funds approved. The City of Hopkins is also currently analyzing the Blake Road Corridor for a future tax increment financing (TIF) district. TIF districts must occur within Redevelopment Project Areas, as well. The modification proposed will allow both the use of the Hennepin County TOD funds and the future consideration of a TIF district in the project area. Supporting Information • Resolution 2008 -042 • Modification to the Redevelopment Plan for Redevelopment Project No. 1 (Ehlers report) \ Jr a r Community Development Coordinator Financial Impact: $ 0 Budgeted: YIN Source: Related Documents (CIP, ERP, etc.): Notes: CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2008-042 RESOLUTION ADOPTING THE MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1. BE IT RESOLVED by the City Council of the City of Hopkins, Minnesota, as follows: WHEREAS, the City Council (the "Council ") of the City of Hopkins (the "City ") has heretofore established Redevelopment Project No. 1 and adopted the Redevelopment Plan therefor. It has been proposed that the City adopt a Modification to the Redevelopment Plan for Redevelopment Project No. 1, referred to herein as the "Redevelopment Plan Modification ", all pursuant to and in conformity with applicable law, including Minnesota Statutes, Sections 469.001 to 469.047 and Sections 469.174 to 469.1799, inclusive as amended (the "Act "), all as reflected in the Redevelopment Plan Modification, and presented for the Council's consideration; and WHEREAS, the Council has investigated the facts related to the Redevelopment Plan Modification; and WHEREAS, the City has performed all actions required by law to be performed prior to the adoption and approval of the proposed Redevelopment Plan Modification, including, but not limited to, review of and written comment on the Redevelopment Plan Modification by the City Planning Commission, and the holding of a public hearing upon published notice as required by law; and. WHEREAS, the City is expanding the boundaries of Redevelopment Project No. 1 to include the parcels listed in Attachment A. Section 1. Findings for Project Plan Modification 1.01. The Project Plan Modification includes the expansion of the Project Area Boundaries. The Boundaries are being expanded to allow for continuing the redevelopment goals of the City. 1.02. The Redevelopment Plan Modification conforms to the general plan for development or redevelopment of the City as a whole. The reason for supporting this finding is that the Redevelopment Plan Modification will generally complement and serve to implement policies adopted in the City's comprehensive plan. 1.03. The Project Plan Modification will afford maximum opportunity, consistent with the sound needs of the City as a whole, for the development or redevelopment of Redevelopment Project No. 1 by private enterprise. The reason for supporting this finding is that the development activities are necessary so that development and redevelopment by private enterprise can occur within Redevelopment Project No. 1. 1.04. The land in the project area would not be made available for redevelopment without the financial aid to be sought. The land being added to the Project has been underutilized for years and it is clear that for redevelopment of that land to occur public financial participation will likely be necessary. Section 2. Approval and Adoption of the Project Plan Modification; Filing 2.01. The Redevelopment Plan Modification is hereby approved, and shall be placed on file at the City Clerk. Approval of the Project Plan Modification does not constitute approval of any project or a development agreement with any developer. 2.02. The staff of the City is authorized to file the Redevelopment Plan Modification with the Commissioner of Revenue and the Hennepin County Auditor. 2.03. The staff of the City, the City's advisors and legal counsel are authorized and directed to proceed with the implementation of the Redevelopment Plan Modification and for this purpose to negotiate, draft, prepare and present to this Council for its consideration all further modifications, resolutions, documents and contracts necessary for this purpose. Dated: August 4, 2008 ATTEST: Mayor City Clerk (Seal) ATTACHMENT A LIST OF PARCELS TO BE INCLUDED IN REDEVELOPMENT PROJECT NO. 1 Address PID Description 103 Blake Rd N 1911721410047 West Side Village A is 97 Blake Rd N 1911721410048 West Side Village A is 302 Blake Rd N 1911721130007 Auto Repair 1010 Lake St NE 1911721130010 Knollwood Towers 320 Blake Rd N 1911721130005 Knollwood Towers Address unassigned 1911721120039 Hiawatha Court Parkin 1045 Hiawatha 1911721120003 Creek Point Apartments 1105 Hiawatha 1911721120034 Hiawatha Court 1115 Hiawatha 1911721120035 Hiawatha Court 1050 Hiawatha 1911721120018 Hiawatha Court 1120 Hiawatha 1911721120038 Hiawatha Court 1110 Hiawatha 1911721120037 Hiawatha Court Address unassigned 1911721120040 Hiawatha Court Parkin 415 Blake Rd N 1911721110079 Spangler Desi n buildin 1125 Hiawatha 1911721120036 Hiawatha Court 434 Blake Rd N 1911721120002 Apartments 502 Blake Rd N 1911721120032 Wend s 510 Blake Rd N 1911721120031 DQ 520 Blake Rd N 1911721120030 Convenience Store 530 Blake Rd N 1911721120023 Gas Station 540 Blake Rd N 1911721120021 Wal reens/White Castle Address unassigned 1911721110048 MNDOT 525 Blake Rd N 1911721110046 Vacant Gas Station 1220 Cambridge 1911721110049 Apartments 1301 Cambridge 1911721110047 Cambridge Towers 1025 2nd St NE 1911721130008 Arches 427 Blake Rd N 1911721110081 Apartments 431 Blake Rd N 1911721110078 South Duplex in front of park 435 Blake Rd N 1911721110077 North Duplex in front of park Address unassigned 1911721110075 Cotta eville Park 1202 Oxford St 1911721110074 Duplex 1208 Oxford St 1911721110073 Duplex 1210 Oxford St 1911721110072 Duplex 1216 Oxford St 1911721110071 Duplex 1220 Oxford St 1911721110070 Duplex 1304 Oxford St 1911721110069 Duplex 1306 Oxford St 1911721110068 Duplex 1312 Oxford St 1911721110067 Duplex 1316 Oxford St 1911721110066 Duplex 1320 Oxford St 1911721110065 Duplex 1319 Oxford St 1911721110055 Duplex 1315 Oxford St 1911721110056 Duplex 1309 Oxford St 1911721110057 Duplex 1305 Oxford St 1911721110058 Duplex 1303 Oxford St 1911721110059 Duplex 1219 Oxford St 1911721110060 Duplex 1213 Oxford St 1911721110061 Duplex 1211 Oxford St 1911721110062 Duplex 1205 Oxford St 1911721110063 Duplex 1203 Oxford St 1911721110064 Duplex Address unassigned 1911721120033 City property Hiawatha Oaks? Address unassigned 1911721120001 City property Hiawatha Oaks? Address unassigned 1911721120042 City property Hiawatha Oaks? Address unassigned 1911721120041 lWhite Castle 1111 Cambridge 1911721120022 1 White Castle As of July 30, 2008 Draft for Public Hearing MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. 1 CITY OF HOPKINS HENNEPIN COUNTY STATE OF MINNESOTA Public Hearing: August 4, 2008 Adopted: EHLERS L[A€ ERS IN PUBLIC HNANCE Prepared by: EHLERS & ASSOCIATES, INC. 3060 Centre Pointe Drive, Roseville, Minnesota 55113 -1105 651 - 697 -8500 fax: 651 - 697 -8555 www.ehiers- inc.com TABLE OF CONTENTS (for reference purposes only) SECTION 1- MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. I ............................... ............................... 1 -1 Introduction ...................................... ............................1 -1 Boundaries of the Project Area .................... ............................... 1 -1 APPENDIX A BOUNDARY MAP OF REDEVELOPMENT PROJECT NO. 1 ........................ A -1 City of Hopkins Modification to the Redevelopment Plan for Redevelopment Project No. 1 SECTION I MODIFICATION TO THE REDEVELOPMENT PLAN FOR REDEVELOPMENT PROJECT NO. I Introduction The following is a modification to the Redevelopment Plan (the "Plan ") for Redevelopment Project No. 1, in the City of Hopkins. Generally, the substantive changes to the Plan are the modification of the boundaries of Redevelopment Project No. 1. The boundaries of Redevelopment Project No. 1 are being modified to add 43 parcels to the Project Area within the City limits of the City of Hopkins. The Modification will allow the City to continue with its redevelopment efforts in the community and plan for the incorporation of transit options within the community. Boundaries of the Redevelopment Project The boundaries of Redevelopment Project No. l are being modified to add 43 parcels to the Project Area. Address PID Description 103 Blake Rd N 1911721410047 West Side Village A is 97 Blake Rd N 1911721410048 West Side Village A is 302 Blake Rd N 1911721130007 Auto Repair 1010 Lake St NE 1911721130010 Knollwood Towers 320 Blake Rd N 1911721130005 Knollwood Towers Address unassigned 1911721120039 Hiawatha Court Parkin 1045 Hiawatha 1911721120003 Creek Point Apartments 1105 Hiawatha 1911721120034 Hiawatha Court 1115 Hiawatha 1911721120035 Hiawatha Court 1050 Hiawatha 1911721120018 Hiawatha Court 1120 Hiawatha 1911721120038 Hiawatha Court 1110 Hiawatha 1911721120037 Hiawatha Court Address unassigned 1911721120040 Hiawatha Court Parkin 415 Blake Rd N 1911721110079 S Design buildin 1125 Hiawatha 1911721120036 Hiawatha Court 434 Blake Rd N 1911721120002 Apartments 502 Blake Rd N 1911721120032 Wend s 510 Blake Rd N 1911721120031 DQ 520 Blake Rd N 1911721120030 Convenience Store 530 Blake Rd N 1911721120023 Gas Station 540 Blake Rd N 1911721120021 Wal reens/White Castle Address unassigned 1911721110048 MNDOT 525 Blake Rd N 1911721110046 Vacant Gas Station 1220 Cambridge 1911721110049 A artments 1301 Cambridge 1911721110047 Cambridge Towers 1025 2nd St NE 1911721130008 Arches 427 Blake Rd N 1911721110081 Apartments 431 Blake Rd N 1911721110078 South Duplex in front of park 435 Blake Rd N 1911721110077 North Duplex in front of park Address unassigned 1911721110075 Cotta eville Park 1202 Oxford St 1911721110074 Duplex 1208 Oxford St 1911721110073 Duplex City of Hopkins Modification to the Redevelopment Plan for Redevelopment Project No. 1 1 -1 1210 Oxford St 1911721110072 Duplex 1216 Oxford St 1911721110071 Duplex 1220 Oxford St 1911721110070 Duplex 1304 Oxford St 1911721110069 Du lex 1306 Oxford St 1911721110068 Duplex 1312 Oxford St 1911721110067 Duplex 1316 Oxford St 1911721110066 Duplex 1320 Oxford St 1911721110065 Duplex 1319 Oxford St 1911721110055 Duplex 1315 Oxford St 1911721110056 Duplex 1309 Oxford St 1911721110057 Duplex 1305 Oxford St 1911721110058 Duplex 1303 Oxford St 1911721110059 Duplex 1219 Oxford St 1911721110060 Duplex 1213 Oxford St 1911721110061 Duplex 1211 Oxford St 1911721110062 Duplex 1205 Oxford St 1911721110063 Du lex 1203 Oxford St 1911721110064 Du lex Address unassigned 1911721120033 City property Hiawatha Oaks? Address unassigned 1911721120001 City property Hiawatha Oaks? Address unassigned 1911721120042 City property Hiawatha Oaks? Address unassigned 1911721120041 White Castle 1111 Cambridge 1911721120022 White Castle A map of the Modified Redevelopment Project No. 1 can be found in Appendix A. City of Hopkins Modification to the Redevelopment Plan for Redevelopment Project No. 1 1 -2 APPENDIX A BOUNDARY MAP OF MODIFICATION TO REDEVELOPMENT PROJECT NO. I xlN1q9"1 l& mjK�!EHA S. N, S. blINNg"NZA **W Owowar com. *00. t3 Not A 40 *", a* C. 'c Ott sow oft lla ST-LOVIS PARX ft asolk" to soft9ftomm" *$*"mks APPENDIX A-1