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HomeMy WebLinkAboutHEDRA Minutes - 2022.02.10HEDRA HASTINGS ECONOMIC DEVELOPMENT and REDEVELOPMENT AUTHORITY The Hastings Economic Development and Redevelopment Authority of the City of Hastings, Minnesota met in a regular meeting on Thursday, February 10th, 2022 at 6:00 p.m. at Hastings City Hall. HEDRA Commissioners Present: Goblirsch, Sullivan (virtual), Horsch, Johnson, Sinclair, Braucks, and Vaughan HEDRA Commissioners Absent: None Staff Present: Community Development Director John Hinzman Economic Development Coordinator Eric Maass City Administrator Dan Wietecha I. Quorum A quorum was established and the meeting was called to order by President Goblirsch at 6:00 PM with seven members present. II. Minutes Motion made by Commissioner Horsch and seconded by Commissioner Vaughan to approve the minutes from the January 13th 2022 Regular Meeting Ayes 7; Nays 0. Motion approved. III. Bills Hinzman summarized the bills. Motion made by Commissioner Sullivan and seconded by Commissioner Horsch to approve the bills. Ayes 7; Nays 0. Motion approved. IV. Business A. Resolution #2022-07 Approving TIF Plan for TIF District Number 9 and Resolution #2022-10 Approving Interfund Loan Related to TIF 9 – a. Jessica Green of Northland Securities presented background. NJS is requesting a TIF because they are building a new residential project. They are asking for a maximum of 25 years of assistance. The NJS project may not move forward without the TIF assistance. The county and school district have already been notified of this request. Development District #1 resides within TIF District #9. b. The request includes a renaming to avoid confusing “development district #1” and “Hastings Downtown Development District” It also includes assuring the NJS project plot is within the area of the TIF district. The estimated total value is 25 million with a base value of 7.8 million. c. Motion made by Commissioner Sinclair and seconded by Commissioner Braucks to approve resolution 2022-07. Motion made by Commissioner Horsch and seconded by Commissioner Johnson to approve resolution 2022-10. Motions approved 7-0 City Council will hold a public hearing and act on February 22nd B. Approve renewal of contract with Northland Securities as a financial advisor – a. Motion approved 7-0. C. Approve renewal of contract with Campbell Knutson/Andrea McDowell as legal assistance with TIF - a. Motion approved 7-0. D. Resolution #2022-08 Approving Façade Improvement Program Grant for 218 2nd Street E. a. Application from 218 Hastings, LLC (EyeCandy is located in this building) b. Asking for improvement of 2nd story windows, total eligible costs are $10,295 and the grant would be for $5,000. c. HPC will be reviewing on Feb. 15th d. Motion made by Commissioner Vaughan and seconded by Commissioner Sinclair to approve the resolution. Approved 7-0 as presented. E. Block 1 Discussion - Hinzman provided an update on Mint Development’s interest in obtaining the site for development, a. Mint’s offer has been increased from $95,000 to between $135,000 – 205,000 depending of number of apartment units. b. Status of ALTA survey – the total parcel size is 1.49 acres with 0.72 acres (buildable) outside of easements and floodplain. c. Proposed land price - ~$470,000, Mint’s upward limit is $287,000. d. Recommendation of Staff to seek proposals from multiple developers consistent with the Strategic Plan and expanding the area of proposals to a larger geographic area. e. Commissioners are interested in further exploring Mint Development’s proposal and desire incorporation of a strong commercial\destination component. Desire to work with Mint for a limited time period of around six months to determine feasibility and purchase price. V. Reports and Information A. Open to Business 2021 Report a. 22 Hastings businesses contacted OTB, 17 of which are owned by residents. B. Development Update a. Crossroads Site (10 acres south of town) land use application received from Enclave Companies for 2 buildings with 212 market rate housing units. b. Lofts on 3rd (redevelopment of the UBC site) – 89 units c. Project Steel – RFP from the state. MN is no longer under consideration for this project. d. Confluence is still moving forward. e. The Quill (senior housing on Schoolhouse Square) is framing and moving forward as expected. f. Autobody Shop – 2550 Millard Ave submitted a special use permit to open an auto shop in the business park. g. Rise Up Recovery submitted a special use permit for a dormitory for individuals in recovery. h. Micromobility ordinance to City Council from Bird Scooters to provide scooters for the public. i. Fleet Farm is working on interior project opening in Oct 2022 j. Best Property Annexation – HEDRA involvement is being paused until there is a development contract between property owner and contractor. VI. Adjourn A. Adjourned the meeting at 7:25 p.m. Motion made by Commissioner Braucks and seconded by Commissioner Johnson to adjourn the meeting. Motion passed 7- 0. Meeting adjourned. Next Meeting: March 10th, 2022 https://www.youtube.com/watc h?v=AkZ0gzmZi68 Respectively Submitted: Lindsay Anderson