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HomeMy WebLinkAbout1989-01-09 CPC PacketZoning Zone O-� 1� ter 9 � ■ • 1 � THE BIRTHPLACE OF MINNESOTA 0 41 January 4, 1989 THE STILLWATER PLANNING COMMISSION WILL MEET ON MONDAY, JANUARY 9, 198911 7 00 P M IN THE COUNCIL CHAMBERS OF CITY HALL, 216 NORTH FOURTH STREET AGENDA Approval of Minutes - December 12, 1988 PUBLIC HEARINGS \ 1 Case No PUD/89-2 - Final PUD approval for Phase Three Cottages of Stillwater containing 56 dwelling units located on the Northeast cornE^ of Cottage Drive and County Road #5 in the RA, Single Family Residential District Teasdale and Associates, Owner 2 Case No PUD/89-3 - PUD modification to Concept and Final Approval for a 24,900 square foot retail center, a 10,000 square foot retail center, a three level 45,000 square foot office building, and a 56 unit townhouc=/ apartment development The property is located on the Northeast corner of Orleans and County Road #5 in the RA, Single Family Residential Distr =t Eastern Construction Company, Owner OTHER BUSINESS - Review of modification of the development program for Development District #1 and the modified Tax Increment Financing Plan 1 through 4 for consistency with the Comprehensive Plan - Case No SUP/88-28 - Six month review of a furniture refinishing business at 111 North William Street Chris and Laura Fisher, Owner- - Discussion of Condo Conversion Ordinance - Report on Planning Commission Workshop CITY HALL 216 NORTH FOURTH STILLWATER MINNESOTA 55082 PHONE 612 439 6121 MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1989 SCHEDULE OF PLANNING COMMISSION MEETIN�S AND CUT OFF DATES COMMISSION MEETING January 9, 1989 FeDruary 13, 1989 March 13, 1989 April 10, 1989 May 8, 1989 June 12, 1989 July 10, 1989 August 14, 1989 September 11, 1989 October 9, 1989 November 13, 1989 December 11, 1989 CLT-OFF DATE Dec=amber 30, 19-c-- Fe:)-�arj 3, 198� Marci 3, 1989 Marc-i 31, 1989 Apr, i 28, 1989 June 2, 1989 Jun_ 30, 1989 Aug:st 4, 1989 Sept_mber 1, 19c_ Sep -=tuber 29, 1S:9 Nov=,ber 3, 1989 Decz�--,ber 1, 1989 J u PLANNING APPLICATION REVIA CASE NO PUD/89-2 Planning Commission Meeting January 9, 1989 Project Location Northeast corner of Cottage Driv= and County Road #5 Comprehensive Plan District Single Family Zoning District RA-PUD Applicant Teasdale and Associates Type of Application Final PUD approval BACKGROUND The application is for final PUD approval for the T-ird Phase of the Cottages of Stillwater containing 56 units DISCUSSION The application is for approval of 56 apartment un -s The project will be of similar design as Phase I, 64 units, and Phase II, -0 units but have larger units (6 one bedroom and 50 two bedroom units) 107=arking spaces are provided, 50 garages and 57 surface This represent one parking space per • bedroom which should be enough for residents and gu=sts Exterior storage spaces are also provided The third phase plans are=onsistent with the original PUD plans that indicated a total of 180 ur -s According to the Development Agreement, a fund has been established -) reduce rent for two to four years for project units An EAW was prepared for the Cottages project One c- the mitigation measures required that State noise levels for residential ar=3s be met for the residential units along County Road 5 This will ha-e to be done before building permits are issued (See attached mitigate n measures ) RECOMMENDATION Approval with conditions FINDINGS The project is consistent with the appro�=d PUD CONDITIONS OF APPROVAL 1 No building permit shall be issued until teioorary or permanent sanitary sewer service to the project is as_ired 2 A schedule of rents for Phase III units she 1 be submitted to show how Section 3 7 of the Development Agreement is oeing met 3 The lot line between Phase II and Phase III shall be adjusted or easement recorded to allow shared use of tf= common driveway off • Cottage Drive 4 The project shall be for residents age 55+ 1 • 5 The EAW noise mitigation shall be met before building permits are issued 6 Approval of Case 680 is rescinded with th-s approval (previous final Phase I and II PUD approval) 7 Any comments or recommendations regarding project engineering made by the City Engineer shall be addressed on the Final Development plans before building permits are issued 8 A detailed final landscape plan shall be sibmitted and approved by the Community Development Director before building permits are issued 9 All landscaping shall be installed before ouilding occupancy 10 The Development Agreement for the Cottages of Stillwater Development shall be reviewed by the City Attorney anj modified as necessary to reflect the ownership arrangement ATTACHMENT Project Plans • • COTTAGES OF STIL DATER ENVIRONMENTAL ASSESSMENT MITIGATIONS (CONDITIONS OF PROJECT APPROVAL) EROSION AND SEDIMENTATION CONTROL • NOISE An erosion control plan shall be submitted and approved by the City for each phase of construction The plan shall include silt fences, earth diversions, dikes and sedimentation ponas as needed to protect the existing wetlands from sedimentation during construction The plan shall also include permanent erosion control measures to provide for drainage and control erosion after construction Before completion of the final phase of project development tie drainage erosion control measures for the entire project shall be inspected to ensure erosion control measures are working effectively The Developer shall be required to correct any problems The buildings identified in the EAW as t=ing impacted by noise shall be constructed or located so that State Not=e Standards (Minnesota Rules Chapter 7010) are met Plans submitted far construction of `hese buildings shall be certified by a qualif ed professional that they meet State Standards COMMERCIAL DEVELOPMENT This approval does not include approval of a specific intensity of use for the commercial site, Block 1, Lot 3, but just that the ase shall be commercial • PLANNING APPLICATION REV 4 CASE NO PUD/89-3 Planning Commission Meeting January 9, 1989 Project Location Northeast corner of Orleans and Dunty Road 5 Zoning District RA, PUD Comprehensive Plan District Residential, PUD Applicant's Name Eastern Construction Company Type of Application Amendment to approved PUD PROJECT DESCRIPTION PUD Concept Modification Approval and Final PUD ApL oval for retail first phase, and 8 units of townhouse apartments DISCUSSION A previously approved PUD for the site called for _) cottages, and 102 apartment units housed in two structures next to t, pond, a 3 2 acre commercial site (with no specific proposal) and a L acre site to be set aside for a community center (See attached origin_ PUD plans ) The first two • phases of the residential Cottages Project are core_ -ted (126 units) and the third phase is currently being reviewed for 1989 c:,struction The subject of this PUD modification is the area inside the Cotta, Drive loop road PUD CHANGES 1 The Erickson Post Service Station site is ins-porated into the project 2 The residential component of the project has =en changed from 102 apartments housed in two buildings to 56 towg,-use apartment units distributed along Cottage Drive in eight uni- lusters, and off a private drive next to the pond 3 The 4 5 acre community center site is remove_ nd office building development and townhouse apartment units pr sed on the site 4 The commercial component includes two bulldlri-, a 24,900 square foot First Phase retail center and a 10,000 squar= oot retail building plus one stall car wash (not shown) 5 A three level 45,000 square foot office bull- -ig is proposed CONSTRUCTION PHASING The phasing of construction indicates that the 24,- , square foot commercial center and eight townhouse apartments would be con- ucted initially with office building and second phase commercial buildin following Additional townhouse apartments would be constructed depenc-- on market conditions and • demand PROJECT ANALYSIS By including the Erickson Post site in the devei-inent plans, the project will fit the site better and be more attractive The acre PUD has a consistent residential scale and quality of design The ofT a building is larger, 45,000 square feet and taller, 45 feet, than commercial - residential development but is setback 150 feet from the street and dowr ie hill from Cottage Drive The parking appears adequate for the use Some F- cing can be anticipated on one side of Cottage Drive for the townhouse uni- With the current development pattern, it is suggested that a sio:--- ik be installed along Cottage Drive to connect to Orleans Street The at for development will have to be changed to reflect the new development pa- -n The site for a community center is no longer indicated for that use The lutes and Development Agreement between the City and the previous owne indicates the land will be given to a non-profit community organization for _ community facility This was not done The developer has indicated that he has contacte local community organizations and they may be interested in ren- g part of the office building but go final arrangements have been mac The site does not have sanitary sewe, service, which will need to be pr ided before development can occur RECOMME NDAT IO`l • 1 Approval of PUD concept approval modifica- n 2 Approval of Final PUD Approval for the Ph,-- I, commercial center and eight units of townhouse apartments 3 Approval with the following conditions FINDINGS Based on the project plan, review of the previo — :IUD and City Comprehensive Plan and zoning requirements, the project is cor_ Stent, as conditioned, with approvals and plan policies CONDITIONS OF APPROVAL 1 No building permit shall be issued until emporary or permanent sanitary sewer service is provided to the -oject site 2 This Final PUD approval is for First Phas etail Development, 24,500 square feet, and eight unit townhouse apa-,ent development 3 The Development Agreement for the site sh be reviewed by the City Attorney and amended as necessary before lding permits are issued 4 Improvements around the drainage pond shy oe completed before occupancy of First Phase Retail Project 2 5 A detailed landscape plan showing plant ype, size, location, consistent • with the concept plan shall be submitte_Tor Community Development Director approval before building perms are issued 6 Signage for the First Phase Commercial _=nter shall be consistent with the plan building elevations The maxims letter size shall be one row, eighteen inches high with no signage or ne canopy over the gas pumps A monument type free-standing sign naming -ne center, made of materials complementary to the center, may be al ,Yed with Community Development Director approval 7 All utilities shall be undergrounded fr - main transmission lines 8 All project utilities shall be screene: ^om public view 9 Trash receptacles shall be enclosed wit n a structure made of durable complementary materials to the project 10 All landscaping shall be in before pro,-:t occupancy 11 A sidewalk shall be installed along the (ortheast side of Cottage Drive 12 The vacant lands set for later phases c- developments shall be maintained, weeds cut, erosion control -_ as necessary and trash removed until developed - - 13 Comments from the City Engineer and Fi-- Ehief shall be incorporated • into the project plans before building -rmits are issued ATTACHMENTS Application Project Plans 3 - Case Number 'TUP-i _3_ _ Fee Paid Data Filed _____________- PLANNING ADMINIST:tATIVE FOMI - Street Location o:" Property County _R_oa_d 5 and _Orleans Street ___________ The Cottages -Df Stillwater Plat Two Block 1- Legcl Dasc-tp;ion i\'c ;e Gwne' a; Property: �9S_LArL(J Qut2L- ----------------------- Young Quinlan Building PI -one IL120L339=150.0--- Address-Minneapolis,Minnesota 55-'32 Aoplic:.nt (if other than owner) Name _ g��- SusS�flt-------- Address __dame------------------------ Phone __Sake--------- _ Type or Request. ___ Rezoning ___ Approval of Preliminary Plct i Special Use Permit ___ Approval or Final Plat --- Variance --XL Other ------------------- - - Desc- ot,on Of Reciuest Modification Qf_a��L�Y�t1�llQ_at1i�_p�ttLion-fit fin__ install ermanent lift station and exten Eli e---------- - Signature o; Apol►c=-it __ - - ------------ _ Data o; Public Y,ecring---------------------_----- -------------- _ NOTS�,etclj or proposed property and structure a be crown on bo ozthis corn o: at• - tac.: ea, s-owing the following 1 North airec+son 2. Loca,ion oz proposed s`ructur= on lot- 3 Dimensions of front ana s ae a oacks Dimensions or proposea s'6-sc: -e - 5 Street nar-es 6 Loca61on oz ad3acent evsting -_-dings - - - 7 Other iruormation as may be -cues`ea. - - - Apc;ovcd ___ Denied ___ by the Planninc Zommission on ----------- ( dak sub,ec- to t'.-,e `'ollowing conditions ----------------------------------- Denied ___ by the Council -t __ sublets to t; Approved --- c-------------- rol'owi;,g conditions --------- -------------------------------- , ----------------------------- -- -- Comrnents (Use other side), __ • 0 Development Data It 1 Sit A 3401♦ N t It (1 a let R OW %tee t. I C Rd 5 d D 1 St tI 31 75 ♦ [r R Id tl 1 Slt D 1 1 t — 1 1 1 21 11 1 I Il 2B2 — Ap t t S I t r 6 60 . T t I It 102 — Y kl a 206 ( P 6 1 Eld Iy R Id tl 1 I sit (�rt�¢ IS 13 F a �r- C ttag . V414� tiFN td ( r ��yy 11 Tot 1 Deli. t ,rylA(i 4 'y SP.rking�,jl� f ' bf BO 1r 5' I ttt on. ee.e uoirl `t,. '� 1 blIc Itn V D d IOiT a ae {{r W i DCygLOPEIt Y R 1 t A k 11 D lepaaatrpor 1:3ee I ,j St M tro Rq 53 01 Og .0 ld�'�F � f 1) St P 1 101 33101 ,Tye 7ti,� I ARC HTTECT PLAMM111LRDS ACAPQ ARCHITECT T 11 MO tg m y A. rlatae tyS�rsy ( l 6110 Ply! g CI d DrIT640 rtrlN�lyfylrj f l t Ed P I l MR 35311 1 \PI NER/ENOTMeel"'yS' R d Y1 1 g g seglee.rteg CO I 7 t. Bool ..ro (([r I tp7 if 8525 Edl h k Cr el g 4Y 3 +ri !{ B kly P. k MW A 1335111V ' k � F! V.1�ry1i1yY�1y�4�e P h. AN OIMEQ ( 1 J`y Itltttlt T ti+�� �ti I t 7 g r t h 9tre 1 t fl o 11 � OR,crIA� ?av P4 n s &11LLWAmr, JDWNSHtr Co \ ercla Si omn -- -- OREEA S 1�4E-MeFt of NW)I}T �E 3 T n 0.TOW TIE AR= • ' �_ DEVELOPMENT _ X�� CORPORATION May 14, 1986 City of Stillwater Steve Russel, Community Development Director 216 N Fourth Street Stillwater, MN 55082 Dear Steve The Arkell Development Corporation is submitting the necessary info —=_on to the Planning Commission of Stillwater for preliminary and fi =_ot approval and Planned Unit Develo-nent final approval It is our -=ant this submission of required information is complete and in the for= -_-t- aDle The first phase of the PUD is 6Z- un-ts of rental housing for ince _---'It • persons over age 55 Each unit is one bedroom, one story, woo_ ==tee construction with decorative bricc veneer, a cottage look witn a _---ed roof with separate entrances Tce units will rent from $385 00 p_ y=th in the first year and increase =o S-10 00 in the second year =__ is not a public subsidized rent, bL= a below market rent This ph= - --ill be located 6 76 acres in the Sc_the_st corner of the site The _=_=ss road for Phase One is labeled Cottage Drive which originates on �_=-=ns and exits on County Road 5 • The second phase of the PUD is an additional 64 units of the s=L -_-De as Phase One for the same age group The third phase of the Pti __ an additional 52 units of the same type as Phase One and Phase Tao =_ for the same age group Phase I and II of the multi-fam 1y building is 102 units of mar =te rental for all ages The builder_ will have parking underground a-- =-_in the natural pond area as an amer_ty The building will be three - es high and be of the same constructi:n character as the cottages The Community Center Site is a don=tion of The Arkell Development Co--r =_on to the City of Stillwater There_ is a strong interest from the c___zns of the Stillwater community for a _acility to offer recreational pros —= 121 East Seventh St-aet • Saint Paul, Minnesota 55101 - (612) 293 0910 Steve Russel Page 2 y • May 14, 1986 The Commercial Site is future project to occur when the area can szoort / additional service such as attorneys and professional groups Th_ site f will have an office building of 30,000 square feet, three or four =cories ` high and some enclosed parking The open space dedicated by the former owner Paul Emerson to the `-y of Stillwater, located west across County Road 5, consisting of a--oxima=ly five acres is the designatec public open space The staging of the PUD is as follows Cottages for Seniors _ Phase Ia 28 units completed 12/31/86 �- - Phase Ib 36 units completed 06/01/87 Phase IIa 32 units completed 12/31/87 Phase IIb 32 units completed 06/01/88 Phase IIIa 32 units comoleted 12/31/88 Phase IIIb 20 units cor_oleted 06/01/8q Multifamily Phase Ia 51 units completed 12/31/87 Phase Ib 51 units completed 12/31/88 Community Center Phase I completed 06/01/88 Commercial Site undeterminec start date Phase I The Number of units, 282, is one less than the original PUD The deviation from the orig-nal concept approval of the PUD is tom= the retail has been replaced by multifamily apartments, Phase I of ta=cottag has been changed from the Northwest corner to the Southeast cornE_ due to sewer acessibility, a co=nercial site has been identified for = offic=_ building instead of retail, a Community Center Site has been des-=ated, the limited care facility has been eliminated The PUD flows together with Cottage Drive separating the senior -sing from the Community Center aid Multifamily units The use of the _id for structures that serve al age groups is the intent of the Pb-- Senior= living in cottages, small families in the apartments, and youth adult activities in the Community Center The center of the site and oehind the Community Center is availa= _ space for Little League ball fielcs This activity will draw spectato_ from the senior housing and encourage the interaction of these groups The building relationship to the site is transmitted through the -icept of having the cottages on t-e higher elevation to enable views o_ ie Steve Russel Page 3 • May 14, 1986 surrounding vistas The Community Center is built at a i-..er grade to allow the views to remain open The Apartments are also —cater on a lower plateau The design of all the structures is to msimize the rolling - hills found naturally on the site Preserving the natural amenities of the site, such as tom= _ills and the ponding are important to the character of this develoorre - Tt= dedicated open space to the west and the farm fields to the east key- the view open for years to come The Apartments are designed to =ance the pond, with it being a focal point The ultimate population will be 200 people living in the =ttag=s, all persons over age 55, defined as 160 units having one pers=- anc =0 units having two people The Apartments will be 40 two bedroom units of 2 5 peop!=_ --id 6= one bedroom units of 1 2 people for a total of 175 people Ten per wil- be of grade school age Total PUD population of 375 people • Finally, the applicants financial interest in this Proje= can rest be defined at the time just on Phase Ia and Ib of the Cotta=-_ Orleans Home Number One by The Arkell Development Corpor==on, _ts general partner will guarantee the $1,800,000 housing revenue bcr appr-rea for Phase I, and is also contributing the equity dollars to — ance :he project The above description and projection are accurate based inferation available to the applicant to date We feel very good about this project in all phases The- is a demonstrated need for the product we intend to deliver The Stillwatir comity has been very supportive of our efforts and we appreciate tom_ oppczzunity Since y, '4da-�V ) Paul J Keleher statutory rec_ -ements applicable to e ,Improvements shall be subject to all coristruc-ion of the improvements by a municioali� The construction of the Public Iravrovements shall be undertaken in the time manne^ and in a manner so as to rot interfere with the Redeveloper's construction of the `r11n�amm Improvements Section 3 7 Additict onal Development ActeaenPu Le nRedeveloperthe �aor for deed drescre e al partner has acquired'by cont_-act for teed title to certain Redeve ooe s g ' Anich real property is other real property adjacent to the Redevelovm The - �deve �c=er agrees to develop refer-ec to nerein as the additional Property plans �.at were ; ven Planned Unit tt+e �c=1t'o` al Property according Counc 1 on Ju-= 3, 198g or si.cn amendment Develcome^t approval by c thereo. approved by the City The Additional Pro =-t11 v coTdsfo^Tagvi� ma�eey acres o _ es c="t - — 3 26 acres of Commercial Use, 6 6 use The 3eaeve_coer agrees to execute and 4 a aces of Comriunit the ipro er parties a R=stricttve Covenant, in a form or cause to be executed that 3:ditional Property to acceptable to the Ctty, that will run with ana b� d the City initial financing c_ the ac^_isition costs pursuant redevelopment that is consistent with this sect on The ob-gation of the ursu o reimbi.rse the Redeveloper for its snit to Section 3 10 of this Agreement be conditio-=_d upon —e Redeveloper having execu"ea or caused to be executed such Restricrive Covene ny -developer under the -- In the event that there occurs a dei2 erelt eloper -eceives any notice of above-re*'-renced contract for deed and the a-" with such ceiault from the contract vendee, aayRe�eE_ oe�Q�D �tf thesn t c n theCi f the • a copv o� such notice within five( to Z 3n ice prior to r Rede ielooer tails to cure e to cure such defaucn derault. on or ult V, -1 entitle ~lhe contractto City WP the cate on wnicn a tailur Czncel tre contract for deed, the Rtserient title S:.:a ntere`-3n andtothe contract a au t claim deed conveying all of g rl for ceea and the City snail have theoii suehba �c- t claim deed, , the tRedeveiouer i default Subsequent to the delivery sha" have no further right, title, interest or clala to the contract for deed or the property which is the subject thereo The Cit 's assistance in connection Section 3 8 Creation and ddM a me otc :)t Rent 'Reduction Fund Minimum P ece eiooer agrees that in c prooe �y and the wit-i t: a develooment of the Reaevelovme-" amount or S93,60 tOr Improvements, the Redevelooer 'xill Crtheesiz 01 PhasetL=s in a�I is reduced purs pant to pt,ase U and $87,360 for Phase III, or, if rinc�va_ _no ante-=_st of which e snail be used Sect -ion 3 12, $43,630 for Phase III, the p Z he Mir -jum ments to subs daze the rents to be charge beufo=sat y,n mum L t o and aemaximum of he pe-iod of such rent subsidization snail our ears commencing upon comoletinoln�L� CltyatcTissue or ethe Certiticatee ortor f Y ijri nimum Improvements The obligation the C,mvietion for each Phase shall be bl shment �tdsuch P_nd torthePhaserhaving a du during provided to the City proof of the irecnanism to utilize such fund whhichick will rest...' in belox market -rate rents d tre term of such subsidies. Additional Conditions to C "v �c+iv -ies Without limiting any the • Section 3 ° all not :e ooligated to acceptacquire o-her provision of ttus agreement, the City Section 3 1 or to y�sig-invent of the contract for deed rights re =--ed to 11 y ` - a x - City Council Council Minutes Recessed Meeting June 3, 1986 in order to construct a garage, leasing the present driveway int-:t (--s 4, Nays - 1 (Councilmember Farrell voted Nay) Councilmember MacDonald's Place of Residence (Continued Mayor Peterson continued the discussion of this item Mr N ::Dona : stated he claims his primary re:idence is at 517 No Harrie- n St- ate - Or Magnuson aovised the Counc, they will have to make a dz basea on Mr MacDonald's answer to 1r Kilty's letter sir =onusc- further stated that a post office address does not necessar, , oete---ne the place of a person's inhabitance Mr MacDonald stated h=- does cwi a home in Baytown Mr Magnuson stated the City Council woulg nave tr declare the council seat vacant If a person plans to move, .hat i= of a chance of inhabitance Cherie Barret, 402 Maryknoll Dr , stated the Council should-esearc- -nis item and find out definitely where Mr MacDonald's place of nnabizz-_e is located Tom O'Brien stated that, as of yesterday, as a public recorc Mr MacDonald was on the courthouse files by his wife's sionatur- as a=: ling • for homestead Mr MacDonald stated that application was w i-ioradr, yesterday After further discussion by the Council, Mayor Peterson ask=_ if t_-- Coun cil wishes to declare the seat vacant and no one resoonc 14a - Peterson stated since no one has declared the seat vacant, -L e mat== is dismissed and the meeting will continue PUBLIC HEARINGS (Continued) 5 This is the day and time for tie public hearing on the requE_t of --ell Development/Orleans Homes No 1 for Final PUD Approval for -,-ooert-k at Co Rd 5 and West Orleans St Case No 645 6 This is the day and time for t-ie public hearing on the requ=- of -- -all Development/Orleans Homes No - for Preliminary and Final P _- Apc- al for property located at Co Ro 5 and West Orleans St Cas::1lo E_ N otice of the hearings we-e published in the Stillwate- Gaze-:-_- on May 23, 1986 and copies were mailed to affected property owr_rs Paul Keleher, representing Ark=_ll Development, exolained th= 5ackc-_-id of the request They will be budding cottages for people 55 _ rs c- ge and older on property located on Co Rd 5 and Orleans St -,iis a: be rental property Council asked about the 4-1/2 acre parcel _r prc=-ty being donated to the City and Ar Keleher explained that thr--e is roup 4 i • City Council Minutes Recessed Meeting June 3, 1986 _ • of people in Stillwater interested in bringing in a 'MC4 type of f`:ility for the city on this site Mr Arkell stated a non-:rofit corporE:-on will be set up to control this parcel of property a,: they will bE listening to input from the city, but this parcel w 1 not be ano:--=r burden on the city The tit e fee owner will be the non-profit corooration Mr Keleher stated all of tl-= public improvemen:s going in as -_rt of the first phase At the time of building Cottage D- ve, they are requesting to move the stree: all the way through t-e site and are requesting city approval to release tax increment f.:- ds to build z e road and utilities This will be paid back when develop ant occurs Consulting Engineer Davis sz-ated the feasibility pl-ns are in pros--s Mr Kriesel stated there is a concern with the rele=:e of the tax increment money because the rirst phase will not su::ort the cost — the improvement They are askirg the City to carry thi: through unti Dhase 2 and 3 are built Discussior followed on assess„ent: Mr Magnus,: stated there is a need for a Develcpment Contract which wi , proviee for --course of some kind should the development not be complete: according to -tan Also, the thirty -day review period for the Environrr_-tal Assessme-: W orksheet has just begun to run and final aoproval _n the reeuesz -:nnoz be mace until the thirty-da, period has expirec, th_: giving Staf- :he opportuniti to develop fino ngs to finalize portion_ of the Devel_Tent Contract Mr Magnuson also stated some preliminar aoproval can e given John Arkell shares a concer- regarding the approval :ecause the P -sing Revenue bonds have to be usEg by the end of the mon-- If no act _n is taken tonight, that will greatly affect the project Extensive e _cuss,on followed on this issue Mr Magnuson stated the Er4 prevents the 'ity from taking final action which could be construed t: mean Buildin: Dermizs He suggested the Council ta.<e a "straw" vote on the r position an: direct that all of this be complered at the meeting on the -7th Every -fort will be mace to accommodate the bond sale without c:,-ioromising th_ City's assets Mayor Peterson closed the public hearing Motion by Councilmember Kimole, seconded by Counciimemc_r Farrell to ve a "straw" vote approval for the P!D and Final Plat Aooro _i for the Ark 1 Development/Orleans Homes No 1 for property located at :o Rd 5 anc i Orleans St , Case No 645 & 646, with final approval tc oe considerec n June 17, 1986 (Ayes 4, Nays - 1, Councilmember Bodlovick v_ted Nay) Council took a six -minute recess and reconvened at 9 2: ' M INDIVIDUALS & DELEGATIONS (Continued Bob Weiser, 131 So Main Sz , submitted an additior_► petition it -egard to the Mall issue which wirl be made part of the rE:ord w • TO PLANNING COMMISSION FROM STEVE RUSSELL, COMMUNITY DEVELOPMENT DIRECTOR DATE JANUARY 5, 1989 SUBJECT REVIEW OF MODIFICATION TO DEVELOP'ENT PROGRAM FOR DEVELOPMENT OF DISTRICT #1 State law requires that the City Planning Commission review the Development Program and Tax Increment Financing District plans (Redevelopment Plan) for consisting with the City Comprehensive Plan Most recently, the Planning Commission, October 12, 1987, reviewed sites included in the Scattered Site Tax Increment District This modification is required because the Development Plan is being changed to include a Master Plan Concept and because or Incstar project TIF assistance The Master Plan Concept combines the four TIF Districts and allows funds generated from the TIF Districts to be used in the overall development district This will provide more flexibility for use of the funds With the Downtown Plan adoption and forthcoming City Economic Development Policy, the • Master Plan will be a valuable financing tool for City use The City is working with Incstar to assist with land purchased and site improvement for the expansion of the Incstar facility The budget on pages 1-8 reflect the current level of assistance This project is consistent with the City goal of increasing the tax base and providing new jobs Land uses in the plan are consistent with City Zoning and Comprehensive PLan policies A Resolution is attached indicating that the Planning Commission has reviewed the modification and finds it consistent with the Comprehensive Plan RECOMMENDATION Approval of Resolution ATTACHMENT - Resolution - Modified Development Program, dated January 1989 1J -qr► • RESOLUTION OF THE STILLWATER PLANNIIG COMMISSION FINDING THE CITY'S MODIFICATION OF THE DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO 1 AND THE MODIFIED TAX INCREMENT FINANCING PLANS FOR TAX INCREMENT FINANCING DISTRICT NOS 1 THROUGH 4, RESPECTIVELY, LOCATED THEREIN TO BE CONSISTENT WITH THE COMPREHENSIVE PLAN OF THE CITY WHEREAS, the City's proposed modification of tre Development Program for Development District No 1 and the Tax Increment Financing Plans for Tax Increment Financing District Nos 1 through 4, respectively, within Development District No 1 have been submitted to the Stillwater Planning Commission pursuant to Minnesota Statutes, Sections 469 124 through 469 134 and Section 469 175, Subd 3(c), respectively, and WHEREAS, the Planning Commission has reviewed the proposed Modified Development Program and Modified Tax Increment Financing Plans (together, the "Plans") to determine the cons_stency of the Plans to the Comprehensive Plan of the City NOW, THEREFORE, BE IT RESOLVED by the Stillwater Planning Commission that the Plans are consistent with t-ie Stillwater Comprehensive Plan • Adopted January 9, 1989 ATTEST • Chairman • MODIFIED DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO 1 INCLUDING MODIFIED TAX INCREMENT FINANCING PL_1S FOR N TAX INCREMENT FINANCING DISTRICT NC (Downtown and Industrial Park Scattered • Site Redevelopment District) TAX INCREMENT FINANCING DISTRICT NC 2, (Nelle Project) TAX INCREMENT FINANCING DISTRICT NC (Arkell Project) and TAX INCREMENT FINANCING DISTRICT NC 4 (Woodland Lake Project) OF THE CITY OF STILLWATER, MINNESOTA January _, 1989 u • STATUTORY REFERENCES During the 1987 Minnesota Legislative Session, were recodified into one chapter, Chapter 469 of following table cross-references the previous statutory cites • C� Previous Statutory Cite the development statutes Minnesota Statutes The cites with the recodif ied Recodif ied Cite 472A O1 469 124 472A 02 469 125 472A 03 469 126 472A 04 469 127 472A 05 469 128 472A 06 469 129 472A 09 469 130 472A 10 469 131 472A 11 469 132 472A 12 469 133 472A 13 469 134 273 73 469 174 273 74 469 175 273 75 469 176 273 76 469 177 273 77 469 178 273 78 469 179 Chapter 474 469 152 - 469 165 MUNICIPAL ACTION TAKEN Based upon the statutory authority described in —the Modified Development Program attached hereto, the public purpose findings by the City Council and for the purpose of fulfilling the City's development objectives as set forth in the Modified Development Program, the City Council has created, established and designated Development District No 1 pursuant to and in accordance with the requirements of Minnesota Statutes, Section 469 126 On January _, 1989, the City Council modified the Modified Development Program and the tax increment financing plans for all tax increment financing districts located within Development District No 1 to reflect the implementation of a master project concept within Development District No 1 The following municipal action was taken in connection therewith May 7, 1985 The Development Program for Development District No 1 was adopted by the City Council October 1, 1985 The Development Program for Development District No 1 was modified by the City Council to modify the project area boundaries December 12, 1985 The Development Program for Development District No 1 was modified by the City Council to modify the project area boundaries • January 1989 The Development Program for Development District No 1 was modified by the City Council to reflect the implementation of a master project concept within Development District No 1 and increased project costs The following municipal action was taken with regard to the Tax Increment Financing Districts located within Development District No 1 Tax Increment Financing District No 1 (Downtown and Industrial Park Scattered Site Redevelopment District) May 7, 1985 The Tax Increment Financing Plan for Tax Increment Financing District No 1 was adopted by the City Council October 1, 1985 The Tax Increment Financing Plan for Tax Increment Financing District No 1 was modified by the City Council December 12, 1985 The Tax Increment Financing Plan for Tax Increment Financing District No 1 was modified by the City Council November 3, 1987 The Tax Increment Financing Plan for Tax Increment Financing District No 1 was modified by the City Council January , 1989 The Tax Increment Financing Plan for Tax Increment Financing District No 1 was modified by the City Council to reflect the implementation of a master plan concept within Development District No 1 Tax Increment Financing District No 2 (Nelle Project) December 12, 1985 The Tax Increment Financing Plan for Tax Increment Financing District No 2 was adopted bs the City Council January , 1989 The Tax Increment Finzcing Plan for Tax Increment Financing District No 2 was modifiec :)y the City Council to reflect the implementation of a master :-an concept within Development District No 1 Tax Increment Financing District No 3 (Arkell Project) December 12, 1985 The Tax Increment Fin_ cing Plan for Tax Increment Financing District No 3 was adopted 27 the City Council January , 1989 The Tax Increment Financing Plan for Tax Increment Financing District No 3 was modifiec by the City Council to reflect the implementation of a master :Ian concept within Development District No 1 Tax Increment Financing District No 4 (Woodland Lake'rolect) April 1, 1986 The Tax Increment Financing PI -a for Tax Increment Financing District No 4 was adopted by the Citc Council January , 1989 The Tax Increment Financing Plan for Tax • Increment Financing District No 4 was modifies by the City Council to reflect the implementation of a master -Ian concept within Development District No 1 0 0 TABLE OF CONTENTS (This Table of Contents is not part of the Modified Develcoment Program and is only for convenience of reference ) — Page SECTION I MODIFIED DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO 1 Subsection 1 1 Definitions 1-1 Subsection 1 2 Statement and Finding of Public Purpose 1-2 Subsection 1 3 Statutory Authority 1-3 Subsection 1 4 Statement of Objectives 1-3 Subsection 1 5 Estimated Public Costs and Supportive Data 1-5 Subsection 1 6 Environmental Controls 1-9 Subsection 1 7 Open Space to be Created 1-10 Subsection 1 8 Public Facilities to be Considered 1-10 Subsection 1 9 Proposed Reuse of Property 1-11 Subsection 1 10 Administration and Maintenance of Development District 1-12 Subsection 1 11 Rehabilitation 1-12 Subsection 1 12 Relocation - 1-13 Subsection 1 13 Boundaries of Development District 1-13 Subsection 1 14 Parcels to be Acquired or May Be Acquired in Whole or in Part Within the Development District 1-15 Subsection 1 15 Modification of Development Program for Development District No 1 1-15 EXHIBIT I -A Boundary Map of Development District No 1 as of December 12, 1985 I-A-1 SECTION II MODIFIED TAX INCREMENT FINANCING PLAN F03 TAX INCREMENT FINANCING DISTRICT NO 1 Subsection 2 1 Subsection 2 2 Subsection 2 3 Subsection 2 4 Subsection 2 5 Subsection 2 6 Subsection 2 7 Subsection 2 8 Subsection 2 9 Subsection 2 10 Statement of Objectives 2-1 Development Program 2-1 Parcels to be Included in Tax Increment Financing District No 1 2-1 Parcels in Acquisition 2-5 Development Activities Expected to Occur within the Tax Increment Financing District 2-5 Development Activity in the Tax Increment Financing District for which Contracts have been signed 2-6 Other Specific Development Expected to Occur within the Tax Increment Financing District 2-6 Estimated Cost of Project 2-7 Estimated Amount of Bonded Indebtedress 2-7 Sources of Revenue 2-7 Subsection 2 11 Estimated Original Assessed Value and Captured Assessed Value 2-8 Subsection 2 12 Type of Tax Increment Financing District 2-10 Subsection 2 13 Duration of Tax Increment Financing District No 1 2-11 Subsection 2 14 Estimated Impact on Other Taxing Jurisdictions 2-11 Subsection 2 15 Modification of Tax Increment Financing Plan for Tax Increment Financing District No 1 2-15 EXHIBIT II -A Portions of Tax Increment Financing Plan for Tax Increment Financing District No 1 as Adopted May 7, 1985 II-A-1 EXHIBIT II-B Portions of Tax Increment Financing Plan for Tax Increment Financing District No 1 as Modified October 1, 1985 II-B-1 EXHIBIT II-C Portions of Tax Increment Financing Plan for Tax Increment Financing District No 1 as Modified December 12, 1985 II-C-1 EXHIBIT II-D Portions of Tax Increment Financing Plan for Tax Increment Financing District No 1 as Modified November 3, 1987 II-D-1 EXHIBIT II-E Boundary Map of Tax Increment Financing District No 1 as of November 3, 1987 II-E-1 SECTION III TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO 2 Subsection 3 1 Statement of Objectives 3-1 Subsection 3 2 Development Program 3-1 Subsection 3 3 Parcels to be Included in Tax Increment Financing District No 2 3-1 Subsection 3 4 Parcels in Acquisition 3-2 Subsection 3 5 Development Activity Expected to Occur within Tax Increment Financing District No 2 3-2 Subsection 3 6 Development Activity in the Tax Increment Financing District for which Contracts have been Signed 3-3 Subsection 3 7 Other Specific Development Expected to Occur within the Tax Increment Financing District 3-3 Subsection 3 8 Estimated Cost of Project 3-3 Subsection 3 9 Estimated Amount of Bonded Indebtedness 3-3 Subsection 3 10 Sources of Revenue 3-3 Subsection 3 11 Estimated Original Assessed Value and Captured Assessed Value 3-4 Subsection 3 12 Type of Tax Increment Financing District 3-4 Subsection 3 13 Duration of Tax Increment Financing District No 2 3-5 Subsection 3 14 Estimated Impact on Other Taxing Jurisdictions 3-5 Subsection 3 15 Modification of Tax Increment Financing Plan for Tax Increment Financing District No 2 3-6 EXHIBIT III -A Portions of Tax Increment F nancing Plan for Tax Increment Financing District No 2 as Adopted December 12, 1985 III-A-1 EXHIBIT III-B Boundary Map of Tax Increment Financing District No 2 as established December 12, 1985 III-B-1 SECTION IV TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO 3 Subsection 4 1 Statement of Objectives 4-1 Subsection 4 2 Development Program 4-1 Subsection 4 3 Parcels to be Included in Tax Increment Financing District No 3 4-1 Subsection 4 4 Parcels in Acquisition 4-1 Subsection 4 5 Development Activity in the Tax Increment Financing District for which Contracts have been Signed Subsection 4 6 Other Specific Development Expected 4-2 to Occur within the Tax Increment Financing District 4-2 Subsection 4 7 Estimated Cost of Project 4-2 Subsection 4 8 Estimated Amount of Bonded Indebtedness 4-2— Subsection 4 9 Sources of Revenue 4-3 Subsection 4 10 Estimated Original Assessed Value and Estimated Captured Assessed Value and Estimate of Tax Increment 4-3 Subsection 4 11 Type of Tax Increment Financing District 4-4 Subsection 4 12 Duration of Tax Increment Financing District No 3 4-4 Subsection 4 13 Estimated Impact on Other Taxing Jurisdictions 4-4 Subsection 4 14 Modification of Tax Increment Financing Plan for Tar Increment Financing District No 3 4-6 EXHIBIT IV -A Portions of Tax Increment Financing Plan for Tax Increment Financing District No 3 as Adopted December 12, 1985 IV-A-1 EXHIBIT IV-B Boundary Map of Tax Increment Financing District No 2 as established December 12, 1985 IV-B-1 CJ SECTION V TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO 4 Subsection 5 1 Statement of Objectives — 5-1 Subsection 5 2 Development Program 5-1 Subsection 5 3 Parcels to be Included in Tax Increment Financing District No 4 5-1 Subsection 5 4 Parcels in Acquisition 5-1 Subsection 5 5 Development Activity in the Tax Ircrement Financing District for which Contracts have been Signed 5-2 Subsection 5 6 Other Specific Development Expec ed to Occur within the Tax Increment Financing District 5-2 Subsection 5 7 Estimated Cost of Project 5-2 Subsection 5 8 Estimated Amount of Bonded Indebtedness 5-2 Subsection 5 9 Sources of Revenue 5-3 Subsection 5 10 Original Assessed Value and Estimated Captured Assessed Value and Estimate of Tax Increment 5-3 Subsection 5 11 Type of Tax Increment Financing D strict 5-4 Subsection 5 12 Duration of Tax Increment Financirg District No 4 5-4 Subsection 5 13 Estimated Impact on Other - - Taxing Jurisdictions 5-4 Subsection 5 14 Modification of Tax Increment Financing Plan for Tax Increment Financing District No 4 5-6 EXHIBIT V-A Portions of Tax Increment Financing Plan Lor Tax Increment Financing District No 4 as Adopted April 1, 1986 V-A-1 EXHIBIT V-B Boundary Map of Tax Increment Financing District No 4 as established April 1, 1986 V-B-1 APPENDIX A Administrative Guide for the Administrat on of the Modified Development Program for Development District No 1 A-1 Exhibit 1 Model Information Form to be Submitted `o the School Board, Washington County Board, a -id the office of the Minnesota State Auditor 1-A-1 • SECTION I MODIFIED DEVELOPMENT PROGRAM FOR DEVELOPMENT DISTRICT NO—1 (AS MODIFIED JANUARY _, 1989) Subsection 1 1 Definitions The terms defined below shall, for purposes of this Development Program, have the meanings herein specified, unless the context otherwise specifically requires "City" means the City of Stillwater, a municipal corporation and political subdivision of the State of Minnesota designated as a home rule char er city "Comprehensive Plan" means the City's Comprehensive Plan which contains the objectives, policies, standards and programs to guide public and private land use, development, redevelopment and preservation for all lands and water within the City "Council" means the City Council of the City, also refe-red to as the governing body "County" means the County of Washington, Minnesota — - "Development District Act" means the statutory provisiors of Minnesota Statutes, Sections 469 124 through 469 134, as amended and supplemented "Development District" means Development District No 1 in the City, which is created and established hereto pursuant to and in accorcance with the Development District Act, and is geographically described in Section I, Subsection 1 13 of the Development Program "Development Program" means this Development Program for Development District No 1, initially adopted by the Council on May 7, 1985, ana as it has been modified As defined in Minnesota Statutes, Section 469 125, Subdivision 3, a development program is a statement of objectives of the City for improvement of a development district which contains a complete statement as to the public facilities to be constructed within the district, the open space to be created, the environmental controls to be applied, the proposed reuse of priva`e property and the proposed operations of the district after the capital improvements within the district have been completed "Municipal Industrial Development Act" means the statutory provisions of Minnesota Statutes, Sections 469 152 through 469 165 "Municipality" means any city, however organized, as defined in Minnesota Statutes, Section 469 125, subd 2 "Protect Area" means the Development District as geographically described in Section I, Subsection 1 13, of the Development Program "State" means the State of Minnesota 1-1 "Tax Increment Bonds" means any general obligation or revenue -ax • increment bonds issued and to be issued by the City to finance the public c-sts associated with the Development District as stated in the Development Progmin and in the Tax Increment Financing Plan for the Tax Increment Financing Dis`, et within the Development District The term "Tax Increment Bonds" shall siso include any obligations issued to refund the Tax Increment Bonds "Tax Increment Financing District" means any tax increment finan= ng district presently established or to be established in the future in the Development District "Tax Increment Financing Act" means the statutory provisions of Minne-,ta Statutes, Sections 469 174 through 469 179, inclusive "Tax Increment Financing Plan" means the respective Tax Increment Fi:—:2n- cing Plan, and as the same shall be modified, for each Tax Increment Finane ng District located within the Project Area Subsection 1 2 Statement and Finding of Public Purpose (AS ORIGINALLY ADOPTED MAY 7, 1985) It is found that there is a need for new development in the City of Stillwater, Minnesota, to encourage development within areas which are alr-=dy built up to provide employment opportunities to improve the local tax base an: to improve the general tax base of the state The Council of the City determines that there is a need for development and redevelopment within the corporate limits of the City in the Development Dis ,ct to provide employment opportunities, to improve the tax base and to improve he general economy of the State It is found that the area within the Develop=ent District is potentially more useful and valuable than is being realized u_aer existing development, is less productive than is possible under this program id, therefore, is not contributing to the tax base to its full potential Therefore, the City has determined to exercise its authority to devel_o a program for improving the Development District of the City to provide impetus .or private development, to maintain and increase employment, to utilize exi- ing potential and to provide other facilities as are outlined in the Develop=ent Program adopted by the City The Council has also determined that the proposed developments woulc -lot occur solely through private investment in the foreseeable future, that the ax increment financing plans proposed herein are consistent with the Develop=ent Program, and that the tax increment financing plans will afford maxi=lm opportunity, consistent with the sound needs of the municipality as a whole, fo- he development or redevelopment of the Development District by private enterpr The Council finds that the welfare of the City as well as the State of '[in- nesota requires active promotion, attraction, encouragement and developme of economically sound industry and commerce to carry out its stated public pu.:ose objectives 1-2 Subsection 1 3 Statutory Authority (AS ORIGINALLY ADOPTED MAY 7, 1985) The City of Stillwater proposes to designate a portion of the city as a municipal development district as authorized by Minnesota Statutes, Chapter 472A According to Minnesota Statutes, Section 472A 02, Subdivision 11, a development district is a specific area within the corporate limits of a municipality which has been so designated and separately numbered by the governing body The City of Stillwater also plans to utilize the development finance provisions encompassed in Minnesota Statutes, Section 273 71-78, the Minnesota Tax Increment Financing Act, in conjunction with the designation of the municipal development district (AS MODIFIED OCTOBER 1, 1985) The City of Stillwater designated a portion of the city as a municipal development district and is proposing to modify the boundary as authorized by Minnesota Statutes, Chapter 472A According to Minnesota Statutes, Section 472A 02, Subdivision 11, a development district is a specific area within the corporate limits of a municipality which has been so designated and separately numbered by the governing body The City of Stillwater is also utilizing and proposes to modify the development finance provisions encompassed in Minnesota Statutes, Section 273 71-78, the Minnesota Tax Increment Financing Act, in conjunction with the modification of the municipal development district AS MODIFIED JANUARY , 1989) The Council determines that it is desirable and in the public interest to establish, develop and administer a Development Program for the Development District in the City to implement its Development Program, pursuant to the provisions of the Development District Act Funding of the necessary activities and improvements in the Development District shall be accomplished through tax increment financing in accordance with the Tax Increment Financing Act, and through the use of industrial revenue bonds pursuant to the Municipal Industrial Development Act The City has designated a specific area within the corporate limits of the City as the Development District, as authorized by Section 469126 of the Development District Act Within the Development District, the City plans to undertake types of tax increment financing districts established pursuant to Section 469 174, Subds 10, 11, 12 and 19 of the Tax Increment Financing Act Subsection 1 4 Statement of Objectives (AS ORIGINALLY ADOPTED MAY 7, 1985) The City Council of the City of Stillwater, Minnesota, determines that it is necessary, desirable and in the public interest to establish, designate, develop, and 1-3 administer a development district in the City of Stillwater pursuant to the provisions of Minnesota Statutes, Chapter 472A The City of St:lwater determines that the funding of the necessary activities and improvements a the development district shall be accomplished through tax increment financing m accordance with Minnesota Statutes, Sections 273 71-78 The City of Stillwate- and the Stillwater City Council seek to achieve the following objectives throug= this development plan 1 Acquire land or space which is vacant, unus-d, underused, or inappropriately used 2 Improve the financial base of the City 3 Provide employment opportunities through the cre- ion of new jobs 4 Encourage the renovation and expansion of exis=ig businesses and historic structures 5 Acquire property containing structurally substan_ard buildings and remove structurally substandard buildings for which rehabilitatio-- is not feasible 6 Eliminate blighting influences which impede poten=al development. 7 Coordinate elements of the City's Central 3usiness District - Revitalization Plan with these project objectives 8 Provide maximum opportunity, consistent with the needs of the City, - for development by private enterprise AS MODIFIED DECEMBER 12, 1985) 9 Provide adequate public improvements and utilit =s to enhance the area for new development (AS MODIFIED JANUARY _, 1989) 10 Promote and secure the prompt development of certain property in the Development District, which property is not now in prodL-tive use or in its highest and best use, in a manner consistent with the City's C.mprehensive Plan and with a minimum adverse impact on the environment, and tr-*eby promote and secure the development of other land in the City 11 Promote and secure additional employment opporsnities within the Development District and the City for residents of the City a=d the surrounding area, thereby improving living standards, reducing unemploymt�:7-t and the loss of skilled and unskilled labor and other human resources in the City 12 Secure the increase of housing, commercial, and --idustrial property subject to taxation by the City, Independent School District Nc. 834, Washington County, and other taxing jurisdictions in order to better enable s_ch entities to pay for governmental services and programs required to be provided --r them 1-4 • 13 Provide for the financing and construction of public irrorovements in and adjacent to the Development District, necessary for the orderly and beneficial development of the Development District and adjacent areas of the C"ty 14 Promote the concentration of commercial, offic:. and other appropriate development in the Development District so as to maint_n the area in a manner compatible with its accessibility and prominence in the CitT 15 Encourage local business expansion, improvements, anc development, whenever possible 16 Create a desirable and unique character within the Development District through quality land use alternatives and design qualit- in new and remodeled buildings 17 Encourage and provide maximum opportunity for private re- development of existing areas and structures which are compa�le with the Development Program The Council determines that the establishment of the Develo:'Ient District will provide the City with the ability to achieve certain public purp se objectives not otherwise obtainable in the foreseeable future without City ante 'ention in the normal development process The City and Council seek to achieve he following Development District program objectives Subsection 1 5 Estimated Public Costs and Supportive Data -'ie estimated costs of the public improvements to be made within the Developmen District and financed by tax increments will be derived from the tax increr-it financing districts within the Development District 1-5 (Tax Increment Financing District No 1) (AS ORIGINALLY ADOPTED MAY 7, 1985) The following budget may have to be amended from time to time as priorities change and as tax increments become available Range Public Improvements $1,300,000 - 1,500,000 Utility upgrading New development Park improvements Utility extensions Public accesses Land Acquisition $300,000 - 500,000 Park development Public accesses Other Public Costs $1,500,000 - 1,700,000 Relocation Demolition Planning/engineering Administration - - Capitalized interest Contingency Total Estimate $3,100,000* - 3,700,000 * It is estimated that approximately $60,000 to $90,000 of the $3,700,000 could be financed with the first phase of tax increments from the restaurant It is expected that approximately $9,000 to $13,000 of tax increments will be available for amortizing a bond or "pay as you go " All phases will be implemented only if there are sufficient tax increment revenues from new development in the district Future phase expenditures may require future bond issues to "front-end" future phase costs 4) 1-6 0 (AS MODIFIED OCTOBER 1, 1985) Public Improvements Utility upgrading New development Park improvements Utility extensions Public accesses Land Acquisition Park development Public accesses Ranze $1,300,000 - 1,500,000 $500,000 - 750,000 Other Public Costs $1,600,000 - 1,800,000 Relocation Demolition Planning/engineering Administration Capitalized interest Contingency Total Estimate $3,400,000* - 4,050,000 * It is estimated that approximately $60,000 to $90,000 of the $3,700,000 could be financed with the first phase of tax increments from he restaurant It is expected that approximately $9,000 to $13,000 of tax increments will be available for amortizing a bond or "pay as you go " If all development listed in Appendix C of Exhibit II-B as bonded projects is completed, an additional $1,360,000 could be available for project expenses All phases will be implemented only if there are sufficient tax increment revenues from new development in the district Future phase expenditures may require future bond issues to "front-end" future phase costs (AS MODIFIED NOVEMBER 3, 1987) The following budget may have to be amended from time to time as priorities change and as tax increments become available Land Acquisition $2, 500, 000 Additional Public Improvements 3,000,000 consisting of site preparation, relocation, utility extension, utility upgrading, park improvements, parking improvements, planning/ engineering and administration Total of Additional Public Improvements $5,500,000* * As bonds are not anticipated at this time, the above -listed public improvements will be completed as tax increments are generated and available 1-7 (AS MODIFIED JANUARY _, 1989) Land Acquisition $ 250,000 Utilities 408,435 Site Preparation 89,760 Landscaping 53,269 Interest Reimbursement 62,883 Professional Services 15,000 Contingency 10,000 Capitalized Interest Bond Discount Costs of Issuance/Plan 20,000 SEADC 10,000 City Administration 14,000 TOTAL $ TAX INCREMENT FINANCING DISTRICT NO 2) (AS ORIGINALLY ADOPTED DECEMBER 12, 1985) NELLE PROJECT Range* Land Acquisition Public Improvements/Parking Bonding/Legal/Administration Capitalized Interest (3 yrs ) TOTAL $240,000 - $ 500,001 124,500 - 1,922,50) 20,000 - 185,001 131,500 - 892,50 $516,000 - $3,500,00. * It is estimated that a bond of approximately $516,000 could be issued with the first 30 unit inn expansion of the development at the "low" range The "t-rgh" range would include a 50 unit inn expansion, a 100 unit hotel addition, 20 init motel, an accelerated learning center and related public space, parlor/bancuet rooms, food service/ utility and parking based upon the developer's construction plan, and would support a $3,500,000 bond TAX INCREMENT FINANCING DISTRICT NO 3 (AS ORIGINALLY ADOPTED DECEMBER 12, 1985) ARKELL PROJECT Estimate Land Acquisition and $ 803,000 Site Improvements soil corrections utilities site preparation Bonding/Legal/Administration 91,000 Capitalized Interest 306,000 TOTAL $1,200,000 0 r1 U 1-8 TAX INCREMENT FINANCING DISTLCT NO 4 (AS ORIGINALLY ADOPTED APRF- I, 1986) WOODLAND LAKES DEVELOPMENT Land Acquisition $ 814,000 Site Corrections Removal/Replacement of Topsoil 226,000 Pond Construction/Controls 55,000 Clearing and Grubbing 39,000 Soil Testing 20,000 Public Improvements Lift Station/Force Mains 92,400 Sanitary Sewer 200,000 Water Mains 350,000 Storm Sewer 245,000 Road Construction 750,000 Landscaping 100,000 Electrical Power Distribution 380,000 Lighting/Traffic Controls 100,000 * Estimated on a 66% of total cost payable by Wo::_'and Lakes Other Public Costs Engineering 380,000 Legal 25,000 Surveying 5,500 Contingency 410,000 Total Estimates * $4,192,500 ** ** The total dollar amount does not include cEntalized interest or other bonding costs These costs would need to be calcula as part of a larger bond issue Subsection 1 6 Environmental Controls (AS ORIGINALLY ADOPTED MAY -, 1985) The proposed redevelopment projects in the = velopment District do not present any permanent environmental problems ?_ municipal actions, public improvements, and private development shall be carries out in a manner that will enhance, rather than detract from the natural e-nronment All necessary environmental permits and clearances will be obtainec (AS MODIFIED JANUARY 989) The proposed development activities in the i R ielopment District do not present significant environmental concerns AL' municipal actions, public improvements and private development shall be came_ out in a manner consistent with existing environmental standards 1-9 0 Subsection 1 7 Open Space to be Created 0 (AS ORIGINALLY ADOPTED MAY 7, 1985) In addition to the provisions of Chapter 472A 02, Subdivision 6, some open space may be created for the purpose of enhancing housing developme-- and providing circulation of pedestrian traffic, special landscaping of residential and public property, and creation of recreational facilities including park. and walkways The open space will be aimed at the improvement of the quality c life, quality of transportation and the physical facilities Subsection 1 8 Public Facilities to be Considered (AS MODIFIED JANUARY _, 1989) The City, in carrying out its objectives shall consider the construction :t the following public facilities, when financially feasible, and when needed to enccurage desirable private development or when considered desirable in order to pr-mote and enhance existing development (AS ORIGINALLY ADOPTED MAY 7, 1985) Revitalization within the Development District must be financially feasible, marketable and compatible with longer range City development plans The following recommendations represent the options that satisfy the development for the Project area in the initial state while taking advantage of opportunities which are currently available 1 Clearance and redevelopment, 2 Rehabilitation of buildings to remain, 3 Relocation of buildings and the inhabitants of buildings, 4 Vacation of rights -of -way, 5 Dedication of new rights -of -way, 6 New construction and expansion of commercial and ind_strial buildings, 7 Land acquisition, 8 North -end development assistance, and 9 Installation or replacement of public and private facilitie- and utilities 1-10 Subsection 1 9 Proposed Reuse of Property (AS ORIGINALLY ADOPTED MAY 7, 1985) 1 Current Land Use The current land uses in the development district include public/semi-public, residential, multi -family residential, industrial, land consumpt,ve/highway oriented commercial and retail/office/service commercial The deve opment sites are or will be zoned in conformance with zoning standards for commercial and industrial uses Proposed Reuse of Land It is proposed that a portion of the property identified in Section C of the Development Plan will be acquired for the construction of a restaurant and bank expansion The restaurant site is capable of accommodating 6,000 square feet of on -site development plus related deck, patio space and parking Certain existing structures will be relocated or demolished to prepare for this development The size of the bank expansion is yet to be determined as well as the extent of rehabilitation of certain buildings in the "historic district " (AS MODIFIED OCTOBER 1, 1985) In addition, several individual developments are planned for certain vacant parcels in the industrial park 0 (AS MODIFIED DECEMBER 12, 1985) It is proposed that a portion of the property identifiec in Section C of the Development Plan will be acquired for the construction of an elderly housing development The 35 acre site is capable of accommodating 283 units of residential rental development plus related retail/limited commercial development and parking The development parcel is currently vacant P'iase I will consist of 64 units of lowrise housing, Phase IIA will be 80 units of lowr se housing the Phase IIB will be a two story 75 unit development Phase IIIA is estimated to include a shopping/retail facility and Phase IIIB consists of 64 units of lowrise housing The city may also assist with the public improvement and land acculsition costs for the expansion of an existing hotel This project is further described in PART II (AS MODIFIED JANUARY , 1989) The public improvements needed to bring about tre new development include site improvements, and general improvements Tie estimated public improvement costs are referenced in the tax increment firancing plan and are collectively described in Subsection 1 5 The Development Program does not contemplate the acquisition of private property until such time as a private developer presents an economically feasible program for the reuse of that property Proposals, in order to be considered, must be within the framework of the above cited goals and oblectnes, and must clearly demonstrate feasibility as a public program Prior to formal consideration of the acquisition of any property, the City Council will require a binding contract, performance bond and/or other evidence increment or other funds will be available t o Subsection 1 10 Administration and Maintenance of Developme*- District (AS ORIGINALLY ADOPTED ,MAY 5, 1985) Maintenance and operation of the public improvements in t-i municipal development district will be the responsibility of the developrn - district administration of the City Each year the administrator of th_ municipal development district will submit to the City Council the maint=- ance and operation budget for the following year to be charged to the prop-=ty in the district The City Council will certify the assessments to the Countv _editor for collection The City Council will levy these assessments, if any, in -ccordance with the procedures established in Minnesota Statutes, Section 429 061 (AS MODIFIED OCTOBER 1, 1985) The municipal development district administrator will adrr- ster the municipal development district pursuant to the provisions of Section 47__.10 of the Minnesota Statutes provided, however, that such powers may only be = =rcised at the direction of the City Council No action taken by the administ-: or of the development district pursuant to the above -mentioned powers shall b- effective without authorization by the City Council (AS MODIFIED JANUARY , 1989) Maintenance and operation of the public improvements K _ be the responsibility of the of the City who sha? nerve as Administrator of the Development District The powers, duties and res nsibilities of the Administrator are spelled out in the Administrative Gui—= for the Administration of the Modified Development Program for Developm_ District No 1, attached hereto as Appendix A Each year the Administrator wi-1 ,ubmit to the Council the maintenance and operation budget for the following yea - Subsection 1 11 Rehabilitation (AS ORIGINALLY ADOPTED MAY 7, 1985) Although the City has designated a rehabilitation zone to =,;et such improvements within the Central Business District, no rehabilitation s,_ dards nor a formal program for rehabilitation of buildings has been adopted T-L- City will encourage the use of industrial development revenue bonds or notes I,finnesota Statutes, Chapter 474) for rehabilitation, renovation and expansion - existing buildings in the project as well as State of Minnesota grant funds and ta. -icrement proceeds 1-12 (AS MODIFIED JANUARY _, 1989) • Owners of properties within the Development District will be enc-ura ed to rehabilitate their properties to conform with the applicable state and Leal codes and ordinances, as well as any design standards Owners of ro pE—ries who purchase property within the Development District from the City may D- required to rehabilitate their properties as a condition of sale of land The City ti 1 provide such rehabilitation assistance as may be available from federal, sta`: or local sources Subsection 1 12 Relocation AS ORIGINALLY ADOPTED MAY 7, 1985) The City accepts its biding obligations under provisions of federa--nd state law (Minnesota Statutes, Section 117 50 through 117 56) for relocatior and will administer payment benefits to individuals and businesses to be displacec --y public action AS MODIFIED JANUARY _, 1989) The City accepts its responsibility for providing for relocation pi_nuant to Section 469 133 of the Development District Act Subsection 1 13 Boundaries of Development District Boundaries of Develo rrent District No 1 as established May 7 19s Beginning at a point of intersection with the center lines of Aso-n Street and Third Street, City of Stillwater, Minnesota, then southerly from said porit along the centerline of Third Street tc point of intersection w,th the centerline of Orleans Street, then westerly from said point along said centerline, as extended betwe=!-, Everet Street and Wasiington Street, to its intersection with ` e easterly right-of-way line of County Road No 5, then e southwesterly from said point and along said right-of-way line to intersection with the southern municipal boundary, thence easte^ r more or less, from said point along said southerly municipal boundL T to its intersection with the westerly shoreline of Lake St Cro -- thence northerly from z3aid point and along said shoreline to intersection with the centerline of Elm Street, as extended, then westerly from said point along said centerline to its intersection w = the centerline of First Street, thence northerly from said point a-C along said centerline to a point of intersection with the centerline Aspen Street, thence westerly from said point along said centerli e to the point of beginning (AS MODIFIED OCTOBER 1, 1985) Beginning at a point of intersection with the center lines of Aspe- Street and Third Stree , City of Stillwater, Minnesota, thenc- southerly from said porn along the centerline of Third Street to =_ • point of intersection with the centerline of Orleans Street, thenc- 1-13 0 westerly from said point along said centt-mine, as extended between Everet Street and Washington Street, tr its intersection with the easterly right-of-way line of Count- Road No 5, thence southwesterly from said point and along -a-d right-of-way line to its intersection with the southern municipa_ ooundary, thence easterly more or less, from said point along said scitherly municipal boundary to its intersection with the westerly shoreline of Lake St Croix, thence northerly from said point and alo-_ said shoreline to its IN--ERSECTION WITH THE CENTERLIN1 OF ST CROIX AVENUE, AS EXTENDED, THENCE WESTERLY t ONG SAID CENTERLINE TO ITS INTERSECTION WITH THE CENTgLINE OF MAIN STREET, TI-ENCE SOUTHERLY FROM SAID P 1NT AND ALONG SAID CENTERLINE TO ITS intersection rth the centerline of Elm Street, as extended, thence westerly = m said point along said centerline to its intersection with the -enterline of First Street, thence northerly from said point and aloe= said centerline to a point of intersection with the centerline of As-= i Street, thence westerly from said point along said centerline to th= point of beginning (AS MODIFIED DECEMBEI 12, 1985) Be, -inning at a point of intersection witr he center lines of Aspen Street and Third Street, City of Sti_vater, Minnesota, thence southerly from said point along the cen::E71ine of Third Street to a po nt of intersection with the centerline )f Orleans Street, thence westerly from said point along said cent- ine, as extended between Everet Street and Washington Street, t its intersection with the easterly right-of-way line of parcel #91-2-2620, thence northerly along said easterly line to its intersectior with the northerly line of parcel #9032-2620, thence easterly alon- said northerly line to its intersection with the easterly right -of -AFT line of County Road No 5, `hence southwesterly from said point E.d along said right-of-way line to its intersection with the southern aunicipal boundary, thence easterly more or less, from said point alc-g said southerly municipal boundary to its intersection with the weserly shoreline of Lake St Croix, thence northerly from said point ar- along said shoreline to its intersection with the centerline of St Croix Avenue, as extended, thence westerly along said centerline t its intersection with the ce-terline of Main Street, thence southe- - from said point and along sad centerline to its intersection with t-a centerline of Elm Street, as extended, thence westerly from said pnTit along said centerline to its intersection with the centerline of F— Street, thence northerly from said point and along said centerlin- o a point of intersection wi h the centerline of Aspen Street, therLe westerly from said point along said centerline to the point of beginrng 1-14 Subsection 1 14 Parcels To Be Acquire_ or May Be Acquired In Whole or In Part Within the Development District (AS MODIFIED JANUARY _, 1989) (Tax Increment Financing D:--rict No 1) PIN 9028-0030 11022-2000 (Tax Increment Financing C.-rict No 2) Iui I 10691-3950 10691-3830 10691-3860 10691-3890 10691-3920 10691-3770 10691-4040 10691-4010 10691-4070 10691-3990 10691-3980 10691-3740 (Tax Increment Financing D rict No 3) PIN 9032-2620 (Tax Increment Financing D=,rict No 4) PIN 9032-2610 9032-2612 Subsection 1 15 Modification of Devel----nent Program for Development Tl,e+n,n+ ATE, 1 1 On October 1, 1985, the Developr---t Program was modified by the City Council to reflect an enlargement of the Pr -act Area 2 On December 12, 1985, the Deve -ment Program was modified by the City Council to reflect an enlargement of th- ,rolect Area 3 On January _, 1989 the Develop-ent Program was modified by the to City Council to reflect the implementation of_ master project concept within Development District No 1 and increased prolec osts 1-15 EXHIBIT I -A • 11 0 MAP As of December 12, 1985 I -A I 1�IIIf L'W}J It "� t L� '� • r I � I Jf- 't IIII('J� L1 1 TI 1 i� I I 10 1 I II II`I IIII III►ll,,li��II�+IIII(��'� � _,�, t.,� �� I L'llfr'�4�,�� l;�!��� L�LII�i!'.!l±:^���!�J\�� ;I�r44' � ti — - - I El nr� er , J � \\ J 1FT ' roq".r i r rs — \ • SECTION II MODIFIED TAX INCREMENT FINANCING PLAN FOR TAX INCREMENT FINANCING DISTRICT NO 1 (Downtown and Industrial Park Scattered Site Redevelopment District) (AS MODIFIED JANUARY , 1989) NOTE As of January _, 1989, the City has determined to imple-=-it a master project concept in regard to tax increment financing districts _ ated within Development District No 1 Tax Incremennt Financing District Nc vas established and its Tax Increment Financing Plan was approved on May r 985 The Tax Increment Financing Plan was subsequently modified on October _ _985, December 12, 1985, November 3, 1987 and January _, 1989 This Sectio- II is provided to combine all modifications into one document Attached as E=-'oits II -A, II-B, II-C and II-D are portions of the original plan and modifications `ugh November 3, 1987, which are not required to be provided in the Tax Inc-=ent Financing Plan pursuant to Minnesota Statutes, Section 469 175, subdivision , and therefore are not reflected in this Section II Subsection 2 1 Statement of Ob]ectives See Section I, M=ied Development Program for Development District No 1, Subsection 1 4, Sta':L-ent of Objectives - - Subsection 2 2 Development Program See Section I, ti"died Development Program for Development District No 1, Subsections 1 1 :--ugh 1 15 Subsection 2 3 Parcels to be Included in Tax Increment FT-�-cing District No 1 The following parcels located in the City of Stillwater, Co=i of Washington, State of Minnesota (AS ORIGINALLY ADOPTED MAY 7, 1985) Parcel Identification Number Fee Owner 9028-0020 Muller Boat Works 9028-0050 Maple Island Farm, Inc 9033-2364 UFE, Inc 9033-2374 Beim Construction Company 9033-2378 H & I Wood Specialties 10200-2300 Goetz, James B 10200-2325 Goetz, James B 10200-2350 Kern, O , Skinner, N , et al 10200-2550 Meisterling, Orn & Powell 10690-2000 Atwood Forge & Foundry Co 10690-2050 McGuire, Michael G 10690-2150 Muller Boat Works 10690-4050 ABS Co 10690-6900 McGuire, Michael G 10690-6950 McGuire, Michael G 2-1 • 10690-7000 10690-7050 Olson, William Jr and Dellaina Olson, William Jr and Dellaina 10690-7100 Stillwater Mfg Co 10690-7150 Stillwater Mfg Co 10690-7200 Stillwater Mfg Co 10690-7250 Stillwater Mfg Co 10690-7300 Stillwater Mfg Co 10690-7350 Belideau, Edna E 10690-7400 Belideau, Milton H and Edna E 10690-7450 Stillwater Mfg Co 10690-7500 Stillwater Mfg Co 10690-7550 Olson, William Jr and Dellaina 10691-2390 Powell, William H 10691-2450 Nyberg, Clark R and Orff, Jucd E 10691-2510 Malon, Donald 10691-2540 Malon, Donald 10691-2570 Filson, Bruce F 10691-2600 Filson, Bruce F 10691-2660 Sicard, Dale 10691-2720 Standefer, James E and Rice, J D 10691-2750 Standefer, John R et al 10691-2752 Lind, Leslie R 10691-2780 Hooley, Charles M and John W 10691-3860 Northern Federal S & L Assoc 10691-3890 Nelle, Inc 10691-3920 Nelle, Inc 10691-4100 Berrisford, Anne E 10691-4130 Baglo, Clarence V and Violet 111 10691-4160 Thompson, Richard E and Elenore 10691-5540 Washington Federal Sav & Ln 10691-5570 Washington Federal Sav & Ln 10691-5600 Washington Federal Sav & Ln 10691-5630 Washington Federal Sav & Ln 10691-5660 Washington Federal Sav & Ln 10691-5960 Kemper, Fredrick L 10691-5720 Liedle, Paul 10691-5750 Frye, Ed W and Del H 10691-5780 St Croix Drug Co 10691-5810 Peder Gaalaas Inc 10692-2900 Farmers Union Grain Terminal 10692-3050 New Stillwater Project Ltd 10692-3100 Lease Commander Mills 10692-3200 New Stillwater Project Ltd 10692-3220 New Stillwater Project Ltd 10692-3250 New Stillwater Project Ltd 10692-3270 City of Stillwater 10692-3700 J L H Inc 10692-3750 Paukert, Richard E and Carol M 10692-3800 Paukert, Richard E and Carol tit 10692-3850 Tuenge, Richard R 10692-3900 Kielsa, Donald R and Marlene J 10692-4250 10692-5200 Gordon, Sherman & Lucille Gordon, Sherman & Lucille 2-2 10693-2310 State of Minnesota 11022-2000 Langness, Robert 0 11022-2050 McGuire, Michael G 11140-2000 Hauge, Lawrence 0 and Lois C 11140-2100 Hauge, Lawrence 0 and Lois C 11140-2200 Hauge, Lawrence 0 and Lois C 11140-2300 Hauge, Lawrence 0 and Lois C 11159-2050 Hooley, Charles M 11159-2400 Washington Federal Sav & Ln 11159-2600 Hooley, John Hadrath et al 11159-2650 Stillwater Bancorporation 11159-2700 Stillwater Bancorporation 11159-2950 Super Value Stores 11999-2100 Super Value Stores 11999-2300 N P Railway Co (PARCELS DELETED AS OF OCTOBER 1, 1985) PIN Fee Owner 10200-2300 Goetz, James B 10200-2325 Goetz, James B 10692-3270 City of Stillwater 11159-2400 Washington Federal Sav & Ln - - (PARCELS INCLUDED AS OF OCTOBER 1, 1985) PIN Fee Owner 9028-0030 State of Minnesota 9033-2353 N-F Properties, Inc 9615-2800 Broleck, a Mn Partnership 10691-3230 Ogren, John K 10691-3260 City of Stillwater 10691-3290 City of Stillwater 10691-3320 City of Stillwater 10691-2900 Van Meier, Katherine 10691-2930 Ranum, Ruth C 10691-2990 Meister, Carl W 10691-3020 Madsen, Jens C and Sandra J 10691-3050 Rygg, Robert H & Doris M 10691-3080 Jones, David E 10691-3110 Melton, James E & Joyce A 10691-3140 Schneider, Richard L 10691-5900 St John's Home Corp 10691-5930 Thompson, Robert B 10691-5990 Hudson, Thomas M & Eleanor 10691-6050 Hudson, Thomas M & Eleanor 10691-3350 Maple Island Farm Inc 10691-3380 Maple Island Farm Inc 10691-3410 Maple Island Farm Inc 10691-3440 Maple Island Farm Inc 10691-3470 Maple Island Farm Inc 2-3 • 10691-6020 Schley, Emma Lou 11159-3000 Hooley, John Hadrath et al 11159-3050 Hooley, John Hadrath et al 11140-2400 St Croix III Limited Partner 11999-2150 N P Railway Co 11999-2200 N P Railway Co 11999-2350 N P Railway Co 99908-0700 Maple Island Farm Inc 99908-0500 Super Value Stores (PARCELS DELETED AS OF DECEMBER 12, 1985) PIN Fee Owner 10691-2780 Hooley, Charles M & John W 10691-2900 Van Meier, Katherine 10691-3230 Ogren, John K 10691-3860 Northern Federal S & L Assoc 10691-3890 Nelle, Inc 10691-3920 Nelle, Inc 10691-4100 Berresford, Anne E 10691-4130 Baglo, Clarence V and Violet M 10691-4160 Thompson, Richard E & Elenore (PARCELS INCLUDED AS OF NOVEMBER 3, 1987) PIN Fee Owner 10690-3750 Hohlt, Dessa & Trenda et al 10690-3800 Fraser, Caroline L 10690-3900 Thompson, David C & Mary Jo 10692-3300 Nyberg, Clark R 10692-3320 Pritchard, Jean R 10692-3350 Sherburne, Duane E & Jean A 10692-3450 Martin, Larry J 10692-3470 Anderson, Martin D 10692-3550 Hooley, William J & Joan M 10692-3650 Turnbladh, Will C Jr 10692-3500 Albright, Robert L and Sandra J 10693-4100 Nolde, Donald F & Marianne 10693-2050 Bourbaghs,John 10691-5390 Adams, W Michael 9033-2351 Swager, Gary D , Nominee 9033-2425 Strohkirch, Dennis 9900-2050 Immuno Nuclear Co 9900-2100 Immuno Nuclear Co 10200-2300 Goetz, James B 10200-2325 Goetz, James B 11159-2000 Pauley, Bill J and Kern, Oscar 11159-2025 Pauley, Bill J and Kern, Oscar 11159-2400 1501 Partnership 9900-2000 Anderson, Dennis • 9033-2372 UFE Inc 2-4 9033-2376 Ogren, John K 9210-2050 Bowman, Richard S • 9210-2000 Bowman, Richard S 9615-2900 Feely, Leonard R & Elizabeth 95033-2250 Anez, Brunette R A more specific description is available from the City Clerk's Office FURTHER INFORMATION REGARDING THE IDENTIFICATION OF THE PARCELS TO BE INCLUDED IN TAX INCREMENT FINANCING DISTRICT NO 1 CAN BE OBTAINED FROM THE OFFICE OF THE CITY CLERK Subsection 2 4 Parcels in Acquisition The City may acquire and reconvey the parcels identified in Section I, Subsection 1 14, of the Development Program As the City acquires said parcels, the Tax Increment Financing Plan for Tax Increment Financing District No 1 will be modified to reflect the acquisitions of said parcels The following are conditions under which properties not designated to be acquired may be acquired at a future date (1) The City may acquire property by gift, dedication, condemnation or direct purchase from willing sellers in order to achieve the objectives of the tax increment financing plan, and (2) Such acquisitions will be undertaken only wher the-e is assurance of funding to finance the acquisition and related costs Subsection 2 5 Development Activities Expected to Occur within the Tax Increment Financing District (AS ADOPTED MAY 7, 1985) The developers plan to construct a 6,000 square foot restaurant and related parking, 500,000 square feet of industrial/office buildings in the industrial/commercial plants as well as miscellaneous downtown commercial rehabilitation of existing buildings The developer may be assisted with a portion of the acquisition, relocation, demolition, clearance, public facility and parking costs associated with the various phases of development through tax increments generated as a result of these developments (AS MODIFIED NOVEMBER 3, 1987) One developer plans to construct a 5,500 square foot industrial/office building and two developers plan expansions (40,000 square feet and 70,000 square feet) to existing industrial/office facilities Tax increments generated from these • 2-5 developments may be used for land acquisition as well as public improvements consisting of site preparation, relocation, utility upgrading, utility extensions, park improvements, parking improvements, planning/engineering and administration as determined by the City _ See Appendix A of Exhibit II-B for proposed bonded projects, as of October 1, 1985 (AS MODIFIED JANUARY _, 1989) The 40,000 square foot industrial/office expansion mentioned above will be undertaken by INCSTAR Corporation, which plan to construct a 38,000 square foot office building and remodel and convert the existing office building to industrial use Tax increment assistance may be used for land acquisition, as well as public improvements consisting of utilities, sanitary sewer, storm sewer, watermain, site preparation, landscaping, holding pond, capitalized interest, professional fees and administration, as determined by the City Subsection 2 6 Development Activity in the Tax Increment Financing District for which Contracts have been Signed The following contracts have been entered into by the City of Forest Lake and the persons named below (AS ORIGINALLY ADOPTED MAY 7, 1985) It is expected that the Phase I developments will have executed development contracts no later than the fall of 1985 0 (AS MODIFIED NOVEMBER 3, 1987) As the developers will not be assisted by the City with their developments, no development contracts are anticipated at this time (AS MODIFIED JANUARY _, 1989) It is anticipated that the City and INCSTAR Corporation will have entered into a Contract for Private Redevelopment no later than 119 (As Contracts are entered into with the City of Stillwater, they will be inserted in this Subsection ) Subsection 2 7 Other Specific Development Expected to Occur within the Tax Increment Financing District (AS ORIGINALLY ADOPTED MAY 7, 1985) As a part of the City's overall revitalization program within the redevelopment dstrict, the other phases of the program may provide for additional public facilities, business relocation and land acquisition In addition, the Citymay assist with the rehabilitation of historic structures within the district, parking, and additional industrial expansion Depending on the availab►lity of public funds, the Phase II development should commence within the next two years • (As specTic development is expected to occur, it will be inserted into this Subsection ) 2-6 Subsection 2 8 Estimated Cost of Protect See Subsection 1 5 of the • Development Program for estimated costs associated with the Development District Subsection 2 9 Estimated Amount of Bonded Indebtedness (AS ORIGINALLY ADOPTED MAY 7, 1985) An estimate of the amount of bonded indebtedness for Phase I is expected to be $60,000 to $90,000 The term of the issue is 15 years and the interest rate is expected to be 10 percent The amount of capitalized interest is estimated to be $15,000 to $23,000 (AS MODIFIED OCTOBER 1, 1985) If all of the development occurs listed in Appendix A of Exhibit II-B that has bond allocations, the $200,000 tax increment could amortize an additional $1,360,000 (AS MODIFIED NOVEMBER 3, 1987) It is not anticipated that any additional bonded indebtedness relating to the recent developments will occur at this time (AS MODIFIED JANUARY , 1989) It is anticipated that the amount of bonded indebtedness to be incurred in _ regard to the INCSTAR Corporation project will be approximately $ Subsection 2 10 Sources of Revenue (AS ORIGINALLY ADOPTED MAY 7, 1985) Several sources of revenue may be used to finance public costs associated with the development projects in the municipal development district including tax increment financing, industrial revenue bonds, 312 rehabilitation loans, and Small Cities Development Grant funds Tax increment financing refers to a funding technique that utilizes increases in assessed valuation and the property taxes attributed to new development to finance, or assist in the financing of public development costs The restaurant is expected to be fully assessed beginning in 1986 at which time the development will generate an annual tax increment of $9,000 to $13,800 collectable in 1987 once fiscal disparities has been allocated to the metro pool (AS MODIFIED OCTOBER 1, 1985) An additional $200,000 could be available (after fiscal disparities) if all of the bond financed development is completed (AS MODIFIED NOVEMBER 3, 1987) Several sources of revenue may be used to finance public costs associated with the development projects located within the municipal development district These sources include tax increments, industrial revenue bonds, 312 rehabilitation 2-7 • loans, Small Cities Development Grant funds, and special assessments Tax increment financing refers to a funding technique that utilizes increases in assessed valuation and the property taxes to assist in the financing of public development costs _ Of the three proposed additional developments included within Tax Increment Financing District No 1 a partial increment is expected to be received in 1989 with the full increment to be received in 1990 The additional development will generate an annual tax increment of approximately $177,657 91, collectible in 1990 after fiscal disparities has been allocated to the metro pool 40 0 Subsection 2 11 Estimated Original Assessed Value and Captured Assessed Value* (AS ORIGINALLY ADOPTED MAY 7, 1985) Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 an dSection 273 76, Subdivision 1, the Original Assessed Value (OAV) for the City of Stillwater tax increment financing redevelopment district is based on the value placed on the property by the County Assessor in 1984 This assessed value is $3,600,000 Each year the Office of the County Auditor will measure the amount of increase or decrease in the total assessed value of the tax increment redevelopment district to calculated the tax increment payable to the Stillwater redevelopment district fund In any year in which there is an increase in total assessed valuation in the tax increment redevelopment district above the adjusted original assessed value, a tax increment will be payable In any year in which the total assessed valuation in the tax increment financing redevelopment district declines beloov the original assessed valuation, no assessed valuation will be captured and no -ax increment will be payable The County Auditor shall certify in each year after the date the Original Assessed Value was certified, the amount the OAV has increased or decreased as a result of change in tax exempt status of property, 2 reduction or enlargement of the geographic boundaries of the district, or change due to stipulations, adjustments, negotiated or court -ordered abatements Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 and Minnesota Statutes, Section 273 76, Subdivision 2, the estimated Caotured Assessed Value (CAV) of the tax increment financing redevelopment district will annually approximate $2,000,000 to $2,600,000 in all present and future phases It is expected that an estimated $1,600,000 will be captured as a result of the restaurant and office and industrial building developments This amount will be captured for up to twenty-five years or until the project debt is retired These estimates are based on a 40% contribution to the fiscal disparities pool pursuant to Minnesota Statutes , Section 273 76, Subdivision 3, clause (b) 2-8 (AS MODIFIED OCTOBER 1, 1985) • Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 and Section 273 76 Subdivision 1, the Original Assessed Value (OAV)_for the City of Stillwater tax increment financing redevelopment district is based on the value placed on the property by the County Assessor in 1984 This assessed value is estimated at $4,900,000 Each year the Office of the County Auditor will measure the amount of increase or decrease in the total assessed value of the tax increment redevelopment district to calculated the tax increment payable to the Stillwater redevelopment district fund In any year in which there is an increase in total assessed valuation in the tax increment redevelopment district above the aajusted original assessed value, a tax increment will be payable In any year in which the total assessed valuation in the tax increment financing redevelopment district declines below the original assessed valuation, no assessed valuation will be captured and no tax increment will be payable The County Auditor shall certify in each year after the date the Original Assessed Value was certified, the amount the OAV has increased or decreased as a result of change in tax exempt statuts of property, 2 reduction or enlargement of the geographic boundaries of the district, or 3 change due to stipulations, adjustments, negotiatedd or court -order abatements • Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 and Minnesota Statutes, Section 273 76, Subdivision 2, the estimated Captured Assessed Value (CAV) of the tax increment financing redevelopment district will annually approximately $2,000,000 to $2,600,000 in all present and future phases It is expected that an estimated $1,900,000 will be captured as a result of the restaurant and office and industrial building developments This amount will be captured for up to twenty-five years or until the project debt is retired (AS MODIFIED NOVEMBER 3, 1987) Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 and Section 273 76, Subdivision 1, the Adjusted Original Assessed Value of Tax Increment Financing District No 1 is estimated at $7,207,591 This is calculated by adding the current assessed value of the additional parcels to be included in Tax Increment Financing District No 1 $2,307,591 to the $4,900,000 Original -kssessed Value of Tax Increment Financing District No 1 in 1984 Pursuant to Minnesota Statutes, Section 273 74, Subdivision 1 and Section 273 76, Subdivision 2, the estimated additional Captured Assessed Value of Tax Increment Financing District No 1 relating to this modification is approximately $177,657 91 P 2-9 Subsection 2 12 Type of Tax Increment Financing District • (AS ORIGINALLY ADOPTED MAY 7, 1985) The City Council of the City of Stillwater, Minnesota, in determining the need for a tax increment financing district in accordance with Minnesota Statutes, Sections 273 71-273 78 inclusive, finds that the district to be established is a redevelopment district pursuant to Minnesota Statutes, Section 273 73, Subdivision 10 It has been determined that 59 of the parcels in the district (70 percent) are occupied by buildings, streets, utilities or other improvements and 29 percent of the buildings are structurally substandard and an additional 31 percent of the buildings are found to require substantial renovation or clearance in order to remove such existing conditions as inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to health, safety and general well-being of the communty The 59 structures on the 84 parcels of land constituing the redevelopment district have been investigated by the Washington County Housing and Redevelopment Authority Seventeen of the 59 buildings are deteriorated and structurally substandard to a degree requiring clearance and 18 other structures are found to require substantial renovation in order to remove such existing conditions as inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to the health, safety and general well-being of the community Thus, the tax increment financing district appears to meet the statutory requirements of a redevelopment district and will henceforth be referred to as a redevelopment tax increment financing • district The parcels that have been used to establish eligibility as a redevelopment tax increment financing district have been listed in Appendix B (AS MODIFIED OCTOBER 1, 1985) The City Council of the City of Stillwater, Minnesota, in determining the need for a tax increment financing district in accordance with Minnesota Statutes, Sections 273 71-273 78 inclusive, finds that the district to be established is a redevelopment district pursuant to Minnesota Statutes Section 273 73, Subdivision 10 It has been determined that 80 of the parcels in the district (71 4 percent) are occupied by buildings, streets, utilities or other improvements and 35 percent of the buildings are structurally substandard and an additional 33 percent of the buildings are found to require substantial renovation or clearance in order to remove such existing conditions as inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to health, safety and general well-being of the community The 80 structures on the 112 parcels of land constituting the redevelopment district have been investigated by the Washington County Housing and Redevelopment Authority Twenty-eight of the 80 buildings are deteriorated and structurally substandard to a degree requiring clearance and 27 other structures are found to require substantial renovation in order to remove such existing conditions as inadequate street layout, incompatible uses or land use relationships, overcrowding of buildings on the land, excessive dwelling unit density, obsolete buildings not suitable for improvement or conversion, or other identified hazards to the health, safety and general well-being of the community Thus, the tax 2-10 increment financing district appears to meet the statutory requirements of a • redevelopment district and will henceforth be referred to as a redevelopment tax increment financing district The parcels that have been used to establish eligibility as a redevelopment tax increment financing district have been listed in Appendix B-1 (AS MODIFIED NOVEMBER 3, 1987) It has been found that Tax Increment Financing District No 1 qualifies as a redevelopment district pursuant to Minnesota Statutes, Section 273 73, Subdivision 10(a)(2) Of the 30 additional parcels being incorporated into Tax Increment Financing District No 1, Washington County HRA has found that 21 parcels or 70% are occupied by buildings, streets, utilities or other improvements, that 5 of the 21 parcels or 23 8% contain buildings which are structurally substandard, and that an additional 7 of the 21 parcels or 33 3% contain buildings that require substantial renovation or clearance The parcels that have been used to establish eligibility as a redevelopment type of tax increment financing district have been listed in Appendix B-2 Subsection 2 13 Duration of Tax Increment Financing District No 1 (AS ORIGINALLY ADOPTED MAY 7, 1985) Pursuant to Minnesota Statutes, Section 273 75, Subdivision 1, the duration of the tax increment district within the Development District must be indicated within the finance plan The duration of the tax increment district will be 25 years from the date of receipt of the first tax increment Thus, it is estimated that the • tax increment district, including any modifications to the finance plan for subsequent phases or other changes, would terminate in year 2012 (AS MODIFIED NOVEMBER 3, 1987) Pursuant to Minnesota Statutes, Section 273 75, Subdivision 1, the collection of tax increment from Tax Increment Financing District No 1 may be collected up to 25 years from the date of receipt of the first tax increment The first tax increment was received by the city in 1986 Therefore, the City may collect tax increments generated from Tax Increment Financing District No 1 through year 2010 Subsection 2 14 Estimated Impact on Other Taxing Jurisdictions (AS ORIGINALLY ADOPTED MAY 7, 1985) The impact of the loss of tax dollars represented as tax increments is estimated below for each taxing lursidiction This estimate is based on the existing redevelopment proposals and does not include the possible tax increments derived from any other future development, mill changes, or inflation factors Total Assessed Value Tax Increment Finance District 1/2/84 Total $3,600,000 40 2-11 • n U 0 Latest Assessed Value of Each Government Body Washington County School District #834 City of Stillwater Other (Metro Transit, Metro Council, Mosquito Control, Vo Tech #916) % of District to Total $ 766,928,175 1 2 $ 265,063,453 3 5 $ 72,818,081 12 6 $2,740,931,323 3 Considering all the districts, it can be seen from the above that the school, city and county districts will have over 82% of each respect ve district available for normal growth of tax base or valuation Aoolying the percentage of the total mill rate in 1985 levied by each taxing jurisdiction to the projected mill rate and the estimated tax increment received reveals the annual loss of tax dollars by each taxing jurisdiction as listed in the table below assuming development would occur without public assistance The finance plan indicates we anticipate a tax increment at build out as follows All Future Phases Captured Tax Assessed Increment Valuation Received Tax Increment Finance District $2,600,000 $ 278,000* * After contribution to the fiscal disparities pool Based on the current mill rate, the estimated taxes received would be as follows for the taxing bodies Mills Percent Tax Increment City 27 832 26% $ 72,280 County 25 389 24% 66,720 School District #834 48 000 45% 125,100 Other 6 211 05% 13,900 Total 107 432 100 0% $278,000 The following table represents the additional mills that would have to be levied to compensate for the loss of tax dollars in estimated tax increments for each taxing jurisdiction The tax increments derived from the elderly housing alluded to in the tax increment district would not be available to any of the taxing jurisdictions were it not for public intervention by the City Although the increases in assessed value due to development will not be available for the application of the mill levy for the duration of the tax increment financing district, this new assessed value could eventually permit a ill levy decreae If it could be assumed that the captured assessed value was available for each taxing Jurisdiction, the non -receipt of tax 2-12 dollars represented as tax increments may be determined This determination is facilitated by estimating how much the mill levy for property outside of the tax increment financing district would have to be increased to raise the same amount of tax dollars in each taxing jurisdiction that would be available if the projects occurred without the assistance of the City _ Adjusted* Required Tax Assessed Value Mills Increment School District $ 265,063,453 472 $125,100 County $ 766,928,175 087 $ 66,720 City $ 72,818,081 993 $ 72,280 (AS MODIFIED OCTOBER 1, 1985) The impact of the loss of tax dollars represented as tax increments is estimated below for each taxing jursidiction This estimate is based on the existing redevelopment proposals and does not include the possible tax increments derived from any other future development, mill changes, or inflation factors Total Assessed Value Tax Increment Finance District 1/2/84 Total $4,900,000 Latest Assessed Value of Each Government Body % of District to Total Washington County $ 766,928,175 639% School District #834 $ 265,063,453 1 849% City of Stillwater $ 72,818,081 6 729% Other (Metro Transit, Metro Council, Mosquito Control, Vo Tech #916) $2,740,931,323 179% Considering all the districts, it can be seen from the above that the school and county districts will have over 98% of each respective district available for normal growth of tax base or valuation Applying the percentage of the total mill rate in 1985 levied by each taxing jurisdiction to the projected mill rate and the estimated tax increment received reveals the annual loss of tax dollars by each taxing jurisdiction as listed in the table below assuming development would occur without public assistance I6 2-13 The finance plan indicates we anticipate a tax increment E: build out as follows All Future Phasa- Captured Tax Assessed i:crement Valuation=_ceived Tax Increment Finance District $3,599,432 S 386,694* * After contribution to the fiscal disparities pool Based on the current mill rate, the estimated taxes received v uld be as follows for the taxing bodies Mills Percent Tag Increment City 27 832 26% $ 72,280 County 25 389 24% 66,720 School District #834 48 000 45% 125,100 Other 6 211 05% 13,900 Total 107 432 100 0% $278,000 The following table represents the additional mills that wo_d have to be levied to compensate for the loss of tax dollars in estimated =Y increments for each taxing jurisdiction The tax increments der =d from the development alluded to in the tax increment district would n- be available to any of the taxing jurisdictions were it not for public inte- =ntion by the City Although the increases in assessed value due to development will not be available for the application of the mill levy for the dur=on of the tax increment financing district, this new assessed value co-d eventually permit a mill levy decrease If it could be assumed tha she captured assessed value was available for each taxing jurisdiction, the -on-receipt of tax dollars represented as tax increments may be dete_-mined This determination is facilitated by estimating how much the mill levy for property outside of the tax increment financing district wood have to be increased to raise the same amount of tax dollars in each tat= g jurisdiction that would be available if the projects occurred without th- assistance of the City Adjusted* Required Tax Assessed Value Mills mcrement School District S 260,163,453 481 S125,100 County S 762,028,175 088 S 66,720 City $ 67,918,081 1 064 S 72,280 *Tax Increment District assessed valuation subtracter- 0 (AS MODIFIED NOVEMBER 3, 1987) The additional estimated impact on other taxing jurisdictions assure-s construction would have occurred without the creation of a Tax Increment Fir -racing District 2-14 No 1 If the construction is a result of tax increment -nancing, the impact is $0 • to other entities Notwithstanding the fact that the f'cal impact on the other taxing Jurisdictions is $0 due to the fact that the financr:; would not have occurred without the assistance of the city, the following_:-timated impact of Tax Increment Financing District No 1 would be as follows r he "but for" test was not met Entity Washington County Stillwater S D #834 Tax Base 851,852,556 80,795,336 288,278,482 IMPACT OF TAX BASE Additional Additionz Original Future Assessed Assessec Value Value 2,307,591 4,412,9'_ 2,307,591 4,412,9'_ 2,307,591 4,412,9 -- IMPACT ON MILL RATES Entity • Washington County Stillwater S D #834 Area Vo-Tech Other ** Total Current Mill Rate 26 499 28 850 54 083 1 396 4 767 115 595 Additional Captured Assessed Value* 2,105,340 2,105,340 2,105,340 Additional Potential Taxes $55,790 60,739 113,863 2,939 10,036 $243,367 * Does not include fiscal disparities contribu cn ** Includes Met Transit, Met Council, Hennena County parks, etc % of Captured Assessed Value to Entity 247% 2 606% 730% Subsection 2 15 Modification of Tax Increme-- Financing Plan for Tax Increment Financing District No 1 (AS MODIFIED OCTOBER 1, 196 The Tax Increment Financing Plan for Tar Increm= t Financing District No 1 was modified to reflect a modification of the geograp-c area of Tax Increment Financing District No 1 and increased project cos= within Tax Increment Financing District No 1 (AS MODIFIED DECEMBER 12, 19;=) The Tax Increment Financing Plan for Tax Increm-}-- Financing District No 1 was modified to reflect a reduction of the geographic r =a within Tax Increment Financing District No 1 • 2-15 • (AS MODIFIED NOVEM3ER 3, 1987) The Tax Increment Financing Plan for Tax Increment Financing District No 1 was modified to reflect an enlargement of tLe geographic area of Tax Increment Financing District No 1 and increased project costs within Tax Increment Financing District No 1 (AS MODIFIED JANUA3Y , 1989) The Tax Increment Financing Plan for Tax Increment Financing District No 1 .vas modified to reflect the implementatior of a master project concept within Development District No 1 and the modifica on of the Development Program to re lect increased project costs within the prc act area, as outlined in Section 1, Suosection 1 5 of the Development Program r� U r1 U 2-16 n LJ SPECIAL USE PERMIT RE =W Address 111 South William Street — Owner Cgris and Laura Fisher Business Furniture Refinishing Business DISCUSSION On May 9, 1u38 the Planning Commission approves Special Use Permit request from Cnris r-,id Laura Fisher to conduct a furnit- - refinisning business in their garages at 111 South William Street The C Council approved zhe request on „jne 7, 1988 with a condition that tr= ousiness have a six month review The City of Stillwater has received no complain jertaining to this business The Fire Derartment made an inspection of the b L ness on January 5, 1989 (see following memo) RECOMMENDAT-ON The followirg conditions shall apply to the fur ure refinishing business • 1 No Sig- shall be erected which identifies - business 2 No exc=ssive noise shall be generated frorr a premises 3 The business will not generate additional -street parking 4 All furniture refinishing will be done ins = the garage 5 The gai age shall be secured from general p.s is access 6 The business will be inspected and reviewe f any complaints are made to the Ci-y of Stillwater 7 Routin_ inspections shall be made of the b_ ness on a yearly basis 0 CITY OF STILLWATE On the P cturrrgut St Croix MUNICIPAL BUILDING 216 North Fourth Street STILUNATER MINNESOTA 55082 GORDON C SEL'i Fire Chief TO Ann Pung-Terwedo FROM Gordon Seim, Fire Chief Date 1-5-89 RE Fischers Furniture Restoation e/ecnone 439-1313 or 139-01ZO I inspected the building at 114 South William Street in St ---,water, known as Fischers Furniture Restoration. I inspected for fire com violations and hazardous material locations pertaining to M.S D.S. in=rmation we have on file. I have no problems with this location at th-a :ime. • •