HomeMy WebLinkAboutHousing & Redevelopment Authority Packet 04-16-1998PLYMOUTH HRA
STAFF REPORTS
APRIL, 1998
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PLYMOUTH11OiV&NGAND•REDEVELOPMM"A1JTHOJU77'
Api!! 16;:1998 of T00 P.M.
Medline "ke Confay er Rooms ftnmuth City Holl
1. Call to Order
2. Approval of the Minutes of the March 19, 1999 Meeting and the March 30, 1998 Special
Meeting
3.• Plymouth Towne Square Monthly Housing Reports
4. Loan to Advance Funds to CommonBond Communities for HUD 202 Senior Apartments
5. Metropolitan Interfaith Council on Affordable Housing (MICAH) Presentation
6. Resolutions Authorizing Submission of Applications to the Metropolitan Council Livable
Communities Tax Base Revitalization Account for the Proposed Village At Bassett Creek
Development
7. Nomination and Election of Officers
S. Other Business
9. Adjournment
M
MINUTES
n PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY
March 19,1998
PRESENT: Chair David Croln, Commissioners Patrick PelsMng, Brad Brown and Judy
Johnson.
ABSENT: Commissioner Brian Helmken.
STAFF PRESENT: HRA Director Anne Hurlburt, HRA Supervisor Ed Goldsmith, Senior
Clerk/Typist Barb Peterson.
OTHERS PRESENT: Mayor Joy Tierney, Plymouth Towne Square Manager Melody
Burnham, Twelve Plymouth Towne Square Residenta.
A meeting of the.Plymouth Housing and Redevelopment Authority was called to order by Chair
David Crain at Plymouth Towne Square on March 19 at 7:20 p.m. following a reception in honor
of former Commissioner John Edson. Chair Crain thanked Plymouth Towne Square Manager
Burnham for letting us hold the meeting at the.apsrtment building and welcomed the residents
who were present. ,
APPROVAL OF MINUTES
MOTION by Commissioner Crain, seconded by Commissioner Johnson to recommend approval .
of the January 15, 1998 minutes.
Vote. 4 Ayes. Motion adopted unanimously.
M0170N by Commissioner Pelstring, seconded by Commissioner Brown to recommend.
approval of the February 19,1998 minutes.
Vote. 4 Ayes. Motion adopted unanimously.
3. ALLOCATION FROM HRA GENERAL FUND IN SUPPORT OF THE PROPOSED
VILLAGE AT BASSETT CREEK DEVELOPMENT, TAX INCREMENT
FINANCING DISTRICT 7-5.
Supervisor Goldsmith gave a brief summary of this project for the benefit of the Plymouth
Towne Square Residents who were present at the meeting. The presence of contaminated.
material has been found on the site which requires specialized disposal that is extremely
expensive. Therefore, the bond sale has been canceled and the development placed on hold. The
developer has proposed to divide the site into two phases. The fust phase would consist of 70
units of ownership townhomes and 46 federally funded low income senior apartments: The plan
would allow the fust phase to go forward without the removal of the contamination. Phase 2
J would be contingent upon funding being available to treat the contamination. $227,300 is the
local contribution required by the Tax Increment statute. The City has allocated $154,800 which
would leave a gap of $72,500. We are requesting the use of $72,500 in surplus funds in the HRA
General Fund. Chair Crain questioned that if we take $72,500 out of surplus or reserves, will we
Plymouth Housing and Redevelopment AuthorityMarch19, 1998
Page 48
be left with sufficient liquidity as we are waiting for more funds to come in. SupervisorGoldsmithrespondedthatthesurpluswasdeterminedafteraccountingforcashflwneeds. A ' Plymouth Towne Square Resident asked what the townhouses would sell for. SupervisorGoldsmithreplieditwouldbe $120,000 to $160,000. Commissioner pelstring asked if the TIFfundingwouldbeabondissue. It would.
MOTION by Commissioner Brown, seconded by Commissioner Johnson adopting Resolution98-04 approving the allocation of $72,500 from the HRA General Fund to provide the necessarylumpsumfundingtomeetfuturelocalcontributionsrequiredundertheCityofPlymouth's TaxIncrementDistrict7-5.
Vote. 4 Ayes. RESOLUTION 98-04 adopted unanimously.
4. LOAN TO ADVANCE FUNDS TO COZY MONBOND COMMUNITIES FOR HUD202SENIORAPARTMENTS. '
Discussion on this topic was postponed until the April 16, 1998 meeting in order for gaff torefinetheloanproposal.
5. APPLICATION FOR MHFA's COMMUNITY ACTIVITY SET-ASIDE (CASA) FIRST TIME HOMEBUYER PROGRAM.
Sur-crvisor Goldsmith explained that we have participated in this program for several years. Participation has decreased primarily because the maximum allowable purchase price of $95,000havnotincreasedformanyyears. Only two loans were awarded last year. Our application willbefor $160,000 which is the amount we are limited to because that was the total expended lastyear
MOTION by Chair Crain, seconded by Commissioner Johnson recommending that the BoardapprovesubmittalofanapplicationtotheMinnesotaHousingFinanceAgencyfortheCommunityActivitySet -Aside Program for the City of Plymouth for $160,000 in loan authorityforfirsttimehomebuyermortgages.
6. Plymouth Towne Square Monthly Housing Reports
There was one vacancy during the month of March, that will be filled in April. The residents intheapartmentthathadthefirewillbebackintheunitnextMonday. Chair Crain questioned theincreaseinreceivablesforJanuaryof $2,922. It is probably due to rent increases but Melodywilllookintoit. Insulation and ventilation work has been done by the original contractor tocorrectthemoistureproblemsintheattic.
Plymouth Housing and Redevelopment Authority
March 19, 1998
Page 49
7. NOMINATION AND ELECTION OF OFFICERS.
Nomination and election were tabled until all commissioners are present.
8. 1997 AFFORDABLE HOUSING ACTIVITIES.
The report of last years activities were presented to the Board.
9. Sabsdtodon of HRA General Funds for Community Development Block Grant
CDBG) Fnnds for Sbemmdoah Woods Apartments
Supervisor Goldsmith distributed and presented a new report regarding the recent discovery that
the Shenandoah Woods Apattcunts might not be eligible for CDBG fimds. The only eligible use
would have been to use funds for the purchase of the land, however, the developer purchased the
land before we were in a position to assist with CDBG funds. $50,000 is needed for closing in
early April. The HRA has approximately $65,000 in surplus General Fund reserves which could
be made available to cover this need. For the remaining $50,000 which is due July V we are
looking at the possibility of substituting CDBG funds for other funds which can be used for this
project It is a critical situation. The developer had a shortfall of approximately $300,000 when
they talked to us about it. The only way this project will happen is if the HRA finances the
100,000. Given additional time staff is confident that the other $50,000 will be available. We
could utilize Sec. 8 reserves, or we could also substitute CDBG funds that are going to the Trails
program. Mayor Tierney wanted to know why the land got purchased as we have been in the
project for quite some time. The city had only made its final commitment in December. Timing
has been tight and the schedule was short between December and now. Supervisor Goldsmith is
confident we will find the money. Housing Director Hurlburt said maybe the CBDG money
could be used for other sources such as parks. The money can re reallocated many ways. Chair
Crain remarked that we went into tonight with $95,000 in general funds. We could go out with
16,000 left in the fund. Commissioner Brown wanted to know what would happen if we say
no. There would be a delay in the project and probably an increase in costs. They would need to
know that the funds are there as it is c fairly tight project. If it cannot go forward it could be that
the project could not proceed. Supervisor Goldsmith stated that a loan agreement needs to be
available for the closing. Commissioner Pelstring wants to understand what the other
alternatives are and would encourage faster repayment since it is HRA money. The problem is
the developer is not the primary driver of the scencuio but it is the other financiers. Mayor
Tiermey wanted to know what types of things this CDBG money can be used for. It can be used
for handicapped accessible housing, housing rehab programs, parks. Chair Crain remarked that
if approved tonight we are committed for the $100,000. The source of funds doesn't have
anything to do with approval tonight. Where can dollars be moved around? Commissioner
Brown is worrie4 that the developer has not exhausted all avenues to .frrA the additional funds.
Supervisor Goldsmith is confident they have, the project is very tight firmacially. Mayor Tierney
wanted to know if we can trust the developer to pull the project together. Chair Crain said if it
closes on April 1 it would likely go ahead.
Plymouth Housing and Redevelopment AuthorityMarch19, 1998
Page 50
Commissioner Pelstring moved that the HRA directstaff to prepare the loandocumentationfor $100,000 for the closing allocations but L.-ble the action for the $100,000andreconveneonMarch30.
Commissioner Brown moved an amendment to the motion to reconvene on March 30th at7:00 p.m. Commissioner Pelstring accepted the amendment and Chair Crain seconded themotion.
Vote. 4 ayes.
10. T.R.A.I.L.S. Family Self Sufficiency Monthly Report
A letter of appreciation from a program participant was attached. The letter gives .quiteimpressiveaccountofwhattheTRAILSProgramisdoing. an
11. Metropolitan Interfaith Council on Affordable Housing (IYIICAH)
Supervisor Goldsmith would request that staff be directed to protide support for this. ChairCrainsaidwedidnotwanttomeleeanymoremoneyobligationstonightandwouldlikemorespeciticionthis.
10. Other Business
There was no other business.
Meeting adjourned at 9:00 p.m. to reconvene on March 30 at 7:00 p.m.
MINUTES ;
PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY
March 30,1998
PRESENT: Chair David Crain, Commissioners Brian Helmken, Patrick Pelstring, and
Judy Johnson.
ABSENT: Commissioner Brad Brown
STAFF PRESENT: HRA Director Anne Huriburt, HRA Supervisor Ed Goldsmith, Senior
ClerWljypist Barb Peterson
OTHERS PRESENT: None
A special mating of the Plymouth Housing and Redevelopment Authority was called to order by
Chair David Crain on March 30,1998 at 6:05 p.m.
2. SUBSTITUTION OF HRA GENERAL FUNDS FOR COMMUNITY
DEVELOPMENT BLOCK GRANT (CDBG) FUNDS FOR .S'HENANDOAH WOODS
APARTMENTS
Supervisor Goldsmith gave a report to bring the Board up to date on this project. Ile indicated
A that Affordable Housing Account funds within the HRA General Fund could be used to provide r
a portion of the $100,000 necessary for assistance to the development. We will also request a
waiver from the HUD Washington Office to allow us to utilize CDBG administrative funds to
reimburse the HRA for this expense over a 4 year period. The amount that can be reimbursed
each year would be subject to the annual CDBG 20% administrative cap. The local HUD office
has indicated it will support and process this request. Supervisor Goldsmith indicated that he
was recommending that the reimbursement be over a 4 year period, rather than the 3 years
indicated in the written report. This action would not require a change to the Resolution. He is
confident that we will get support for this request from the local office. Commissioner Johnson
asked about the administrative funds. They can be no more than 20% of the annual CDBG grant
and it is more realistic to assume that $15,000 will be available. We will probably not be able to
reimburse the total amount from CDBG funds. We will keep track of how much is spent in
Administrative Funds to determine the amount available for reimbursement. Commissioner
Pelstring asked if it could be a line item in the budget. Supervisor Goldsmith said it would be.
MOTION by Commissioner Pelstring, seconded by Commissioner Johnson, adopting Resolution
98-05 approving expenditures of up to $60,000 from the HRA Affordable Housing Account in
the HRA General Fund and $40,000 from the surplus fund balance in the HRA General Fund for
the loan of $100,000 to the Shenandoah Woods Limited Partnership and authorizing the
Executive Director to execute on behalf of the HRA all necessary documents related to said loan.
Vote. 4 Ayes. RESOLUTION 98-05 adopted unanimously.
Plymouth Housing and Redevelopment AuthorityMarch30,1998
Page 52
3. SHiENANDOAH TO'WNHOMES HOUSING IMPROVEMENTS FINANCINGASSISTANCE
This was a housekeeping issue regarding a situation that was not ariuvipated in the HRA's
previous action to provide assistance to low and moderate income owners. The Federal HomeLoanBank (FHLB) will not provide assistance for people purchasing the property through acontractfordeed. The HRAs Home Rehab Program provides assistance to contract for deedpurchasers• Supervisor Goldsmith recommended that the Board make assistance available tocontractfordeadpurchasersbyrevisingthepreviouslyae.)pted waiver of the HRA Home RehabProgramfortheShenandoahTownhomesHousingImprovementArea. Any assistance would beIimitedtothefindspreviouslyallocated. Commissioner Johnson wanted to know if there is amortgage, where does the City fall. We are always subordinate to the primary mortgage.
MOTION by Chair Crain, seconded by Commissioner Johnson, adopting Resolution 98-06
suthorung assistance for homeowners in the Shenandoah Townhomes Housing improvementArea.
Vote. 4 Ayes. RESOLUTION 98.06 adopted unanimously.
4. OTHER BUSINESS
There was no other business.
Meeting adjourned at 6:30 p.m.
WALKER MANAGEMENT, INC. 3'
MONT LY B21N11TC- REM
VIII rrsport a to be completed by the Housing Manager and submitted to, Janet Lindbo Ch d Operating OEM ofttJkffSeniorServicesat3737Bryant .Avenue South. Mmeapolier bfimenft 55409, by the 10th of the monthfollowingthereportmonth.
COBIMUN1TY NAME: PLYMOUTH TOWNE SQUARE
LAUNDER OF UMTS: 99 Indelmulut Living Unit
0 Assisted Living UnityRBMORTMONTH: Mardi 1998
NEW of person completing this report Melody Burnham, Housing Manager
OCCUPANCY
A Total Number Ofe"rtn eub leaaod (including caretaker units) at beginning aft ,Y0TotalNumberofspeutmemaleased (Including caretaker unite) at and of mouth: 99
B. Oaarpanq Percent at end of month: 100%
C. Muscat Monthly Markeurg Report for detailed inf ffmation.
D. Vacant apartment(e) for Marsh: I
Vacant apartment(s) for April: 0
E. Move-in's Anticipated for. March 0 ,
F. Move Out anticipated for Marsh: l
FOOD SERVICE: Not Applicable
M Rum= SERVICES
A. Attwh copy of report mouth's newsletter and activities calendar.
B. Attach copy of report month's minutes from Resident Council Meeting. C. Resident Issues:
Resident Prepared luncheon
St. Patrick's Day Party
Friends of the Library presentation
Pot Luck Cot Together
Pautcake Breakfast
Interviewed student regarding e-mail for residents
IV BIBLIZING AND GROUNDS ISSUES
Scheduled Spins Window washing
Water Floor Test Done
Meeting with Osco regarding new contract
Fine residents moved back into their apartment
V.
Nothing to report
VI BUDGETCONTRn*.'
any Account Receivables over one month past due and action taken.
VII. GOALS A== ME REPORT MONTH(Marehl
Waiting fist letters mailed out - -
9 Held St. Patrick's Day Party
Did unnover for Apt 3o2
Repaired fire damage
Resident moved back in
M. GOALS FAA RiG nw MONTH°/Aero!
Prepare new waiting list
CaU apPli MS who did not respond
Start interviewing for Caretaker Position
Two empkryee evaluations
Schedule garage sweeping
Spring Clean
m
WJ
JM I RM IMMI AMIMAY1 JUN I JUL JAU01 SBP I WrI NOVI DWI TorAL
Vol. V. Issue NO March 1998
An. -Irish
g
May you always have work
for your hands to do.
May your pockets hold always _ 7)
a coin or two.
May the sun shine bright on your
windowpane..
May the -rainbow be certain
to follow each rain.
May the hand of a friend
always be near you.
And may God fill your heart with
87 gladness to cheer you. fc—t&I
I would Me to take this time to personally thank my cateetalmeM Sslly and Mike for
the wonderful job they did on Sunday, FOL uary 15. Their quick thinld and fast
moving helped to make a very serious situation less dao®erous. When emergencies
arise it is Confidingding to know that they are being handled so efficiently. I have
receives many "deank your" and "good job" from many residents on the wonderful,
professional job drat they did. A big thank you Sally and Mikeilll
With regard to the Sre, it brings to mind a few important its that we need to
always remember. You have been told in the past that the safest place for you to
MY would be your own apaetment. This has not changed aqd it is true. However, if
the police, fire dgmft t or whomw is in cl MSW • -tri,
Malk mlat we nod to do. I will be contacting Stan Scov., the Fire Inspector to
have him come over and talk to all of the residents about fire safety. I also would
Re to thank each of you lar your cooperation. The bright peel of this situation is
that we can all rest assured that our fire sprinklers really work.
MARGARET NELSON
JOE GRANDE
HAROLD KUKAR
GAIL NORMAN
LORETTA BUSS
4 Apt. 310
9 Apt. 218
16 Apt. 116
16 Apt, 204
25 Apt. 222
MOVIES MADNESS
March 7 - CHRISTOPHER COLUMBUS - (The
DISCOVERYI. Genoese, the explorer, sailed across the Atlantic
Tom Selleck, Marlon Brando and Rachel Ward.
March 14 - JUNIOR - Comedy, in which a scientist allows
himself to become inpregnated for research purposes, then carries
the baby to full term. Arnold 'Schwarzenegger, Danny Devito and
Emma Thompson.
March 21- THE LAST OF THE MOHICANS - a spellbinding
adventure and romance, taken place on the frontier wilderness.
Daniel Day -Lewis and ,Madeleine Stowe.
March 28 - A PERFECT WORLD - A story about a convict
who kidnaps a child and about a massive manhunt that takes place.
Kevin Costner and Clint Eastwood.
11
WHAT IS HFAItT FAELuREY
The heart is a powerful pump made of__.
specialized muscle. It normally pumpsI,-) enough blood to supply the body's needs.
Sometimes, following damage to the react
from illness (such as after a heart attack, viral
infection, or some other illness) this pump
action may weaken. The heart is then unable
to supply enough blood to meet the body's
needs. This is called bract failure.
Wbat are the symptoms of heart fa nw?
You may feel more: tired than usual.
You may feel short of breath when you
exert yourself.
Sometimes you may wake up feeling short
of breath or be short of breath when I.Ang
down.
Your ankles and feet may swell.
You may find you have to go to the bath-
room more often than usual at night.
Sometimes your heart may seem to beat
faster or irregularly.
IRI3111,AMERICAN TRIVIA
In the city of Now Orleans, there is a section of town
called Ire "Irish Channel.,
The Brooklyn Bridge was built by the Irish and called the
elghih w o nderof the world
Pete Megulm was the lather of Labor Day in America.
Massachusetts has the largest proportion (40%) of Irish.
Arnsticam
The term. Typhoid Mary, refers to Mary Mallon who was
On first typhoid saltier recognized in the U.S.
The first SL Patrick's Day Parade In New York City took
place In 1779.
There are about 125 St. Patrick's Day parades in theiU.S.
T WOW Irishman died at theAlamo.
FNbdour Americans were killed at the Battle of Bunker
Hill. 22 of them were Irishmen.
Clkhtori's Ditch (a.k.a. the Erie Canal) was built by the
Irish.
N,.-) • President John F. Kennedy wrote profiles in Courage.
Diamond Jim Brady was an Irish millionaire who had a
set of jewelry for each day of the month.
The treatment for heart failure.
People suffering from heart failure can almost
always be heiped by a combination of
changes in lifestyle and medication.
Important points about your medications.
Medications are intended to improve
symptoms, not cure heart failure. It is
important to take your medication exactly as
prescribed by your doctor, Don't skip a dose
even if you are feeling well. if you miss a
dose or take the wrong amount and are
uncertain what to do, contact your doctor.
Ask your doctor or pharmacist about the
possible side effects of your medications.
See your doctor ob a regular iasis.
A
IRW GEOGRAPHYQUIZ
Have copies of the map of Ireland available for all partici-
pants to refer to.
Name the Islands o9 the coast of Wexford. SALTEE IS.
LANDS
What are the Sallee Islands famous for? BIRD SANG TU -
ARIES
At what county does the Celtic Bea meet the Atlantic
Ocssn?COUNTYWV.FORD
In what county are the Clips of IhAolher! COUNTY CLARE
What is the name of the main shopping street in Dublin?
GRAFTON STREET
Where does the Irish Derby take place? THE CURRAGN,
COUNTYKILDARE
Where Is the College of St. Patrick? MAYNOUTH,
COUNTY KILDARE
Ireland is the leading European producer of what mineral?
ZINC
What Island Is called the 'Emerald Isle of the Caribbean'?
MONSERRAT
Where is the Stamey Stone? COUNTY CORK
What U.S. state is the approhdrhhate else of Irelenk!? MAINE
What is Cork's twin city in America? SAN FRANCISCO
Ar
T, Margaret Pearson had surgery the 9th of February and ishomedoingfinerecovering.
9 Shirley Rundee has been very sick with Pneumonia. She
spent a few days recuperating at her sons house and is now
back home recuperating.
V Myrtle Fritz had pneumonia and was in the hospital. She is
now back home and feeling much better.
v Ted Soils is a Hillcrest Care Center getting his strengthback. He fell in his apartment and injured himself. While in the
hospital he had surgery and says he is feeling better.
v Arnold S 12RLcame home from the Nursing Home for a few
hours to celebrate his birthday. F#esidents were happy to seehim.
t, •tom
Will be presenting a program called KIDS COLLEGE,," and arelookingfor "PROFESSORS FOR A DAY." It will be April 17from1-3:30. They are in need of anyone who might want to
Present a small class 0 2-15 kids) on possibly a craft, cooking, a hobby, career, any interest that you might want to share.
Please call Scott Critzer at 745-5858, leave. a message and he
will get back to you.
uftE 1 GOD MEMUM A MIEN, HE PUTS THE TAPE
AROUND Tfx, HF -ART INSTEAD OF THE NEAD.0
FROM THE CARETAKERS..,,',,,,,e,,,,,,,
Just a little reminder to everyone that no matter how big or small a
party or Get-together, you are expected to clean up atter your party. We
will keep a portion of the deposit if everything is not cleaned up. There
is a list posted in the kitchen of the party room of what needs to be done,
and we will highlight a few now...........
Vacuum
Clean kitchen floor
Empty garbage cans, wipe off the lids
Wipe off all tables and countertops and the oven.
Clean and put away coffee pots.
This includes all the common area where people get together
whether it be groups of 34 people or a large party. It's much appreciated
when people clean up after themselves.
We'd also like to remind everyone that if you have something that
needs to be fixed or something that yod see around PTS that needs repair,
PLEASE FILL OUT A WORK ORDER. NO MATTER WHAT IT IS! If
we are working and are in the middle of something, it's easy to forget if
you tell us. So if it's in writing, you will be sure it will get done.
Finally, resident are in charge of buying their own light bulbs for
their apartment. If you need help putting them in, we'll be glad to help
you. REMEMBER THOSE WORK ORDERS!
Just another reminder, please rinse down the car washing area atter
you are finished washing your car!
Recycling- Remember to read carefully which bin you are about to
use. Break down all boxes and collapse all plastic bottles
The garbage shoot is always able to be used, even when the garbage bins
are outside, so please use the garbage shoots at all times. The Trash
Company will start charging us more if they have to sort through our bins.
If you have a party in the Party Room or the Dining Room, and use
the PTS refrigerator, please remember to label all your food with your
name and the date. That will help us when it comes time to clean the
refrigerator out. Thanks for listening, Sally and Mike
WE ARE BLESSED HERE AT PTS TO HAVE MANY
TALENTED RESIDENTS. ONE OF THOSE RESIDENTS IS
PAT LAMBIE, W140 IS KNOWN FOR HER ABILITY TO WRITE r, POETRY. (HER HUSBAND BILL IS VERY PROUD OF HER AND%
ALLOWED US TO ENJOY SOME OF HER WORKI
THANKS FOR SHARING)
CAMARADERIr (Hunting)
He's gone again. The sun will set.
He'sSone again. He's gone to get.
Just what it is, I cannot know.
This love affair that makes him glow.
He comes backs. The sun will rise.
I hear him heave those heavy signs.
A year to wait, again jo go.
To this thing that makes him glow.
SEEING
The man whose eye can view,
A single blade of grass.
Upon a plot of ground.
A green thick carpet mass
To wonder at the sight of green,
By summers warming turn.
To sorrow at the loss of green,
By winters bitter burn.
Then in the spring to turn again,
His gentle care of sod.
This man I'm sure for what
He sees is truly close to God.
KEYS — remember if you are in need of an extra key for your
r apartment or front door, you must purchase them in theoffice.
They are $1.00 each. You should not have them made by
anyone else.
to W - ".0 -
May is soon upon us and as you may know, MAY IS SENIOR'S
M_ We have many activities we would like to plan for that
month, so if you would like to be on a committee to help Kathy,
please meet in the Solarian on March 2nd at 11:00.
m
NOON LUNCH- WILL BE MARCH 9TH, SO MARK
YOUR CALENDAR. THE MENU WILL BE POSTED ON THE
BULLETIN BOARD LATER.
o
ST. PATRICK'S DAY PARTY -
WILL BE ON MARCH 17 at 1:00. 0
PRIZES -TREATS -ENTERTAINMENT -FUN 910*1400.
KATHY FISHER FROM "FRIENDS OF
THE PLYMOUTH LIBR"W" WILL BE HERE
ON MARCH 30TH AT 1:00 TO TALK ABOUT MYSTERY
BOOKS AND SOME GENERAL BOOKS. REFRESHMENTS!
THE GET-TOGETHER FOR MARCH WILL BE ON
THE 11TH AT 5:30. IT WILL BE A POT LUCK. MORE
DETAILS LATER.
March 1998
Monthly Planner
1 2 3 4 5 6 7
990 AM CMaeh
Savix
IOAo AM Eaae:isaAM
11:00 AM MAY Si6M-
700 AM Meya's Dairy
10.90 AM CWM:h
10:00 AM Coffn (DR) 10:00 AM EXUd a
1 AO PM AIL Gama 1:00 PM O®
7:00 PM
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ORS MONIS KM IM MCAN service Alt) MADNESS
7:OOPMBingo IA0PMS1w m MR) I090AMExerdse
7=PIACa& 7:00FMBbW
8 9 10 11 12 13 14
9;00 AM C>uQep
savioa
10.,W AM Bxadx
12:00 PM SPEC AL
7,00 AM Meye a Dairy
10:00 AM Eaadsw
1000 AM Col6ee (DR) ' 10.90 AM ESo3ase
1:00 PM RSSB)ENT 1:00 PM Gama
7:00 PM
MOVIE
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UUU LUNCH OR) 1:00 PM schwans COUNCIL MADNESS
790 PM Biogo 190 PM Cafls 5.30 PM GET- 790 PM BbW
7:00 PM Coeds T9G==R
15 16 17 18 19 20 21
990 AM Chumb
sovla
9M AM Wdloes•e1
Clmie
7A0 AM Mqu% Dairy
1090AMChmch
10:00 AM CoNee QM IOM AM E=dsa
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7.00 FM
MOVIE
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9:]0 AM Wdhi= 7dk 1PM Et PAWIC&O setviae AR) MADNESS
1090AMBendaa 1090AMElam:
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m 790PMBmSo
22 23 24 25 26 27 28
990 AM Cemeb IOAO AM Bsaeiea Ac AM DW, m a 7:00 AM Meya'a Dor0y1: PM Resident 1090 AM Emudo 8:30 AM-10.'00.AM
Serviee 7'00 PN SING 1090 AM Eendsa MI& (DR) 100 PIA Gema P g
ALONG IAO 1'11e 190 PM Sehwma 790 PM Bivp 790 PM MOVE-, AoFUocDU
NOAMCOFFFE Mme'
29 30 31
9:0AM Chmh19 AM Bmeie
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unuounn
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7.00 PM Bingo 100 PM sPs :' ! a a s s s a s s ar s s s
7:00 F.1d Cm®
Prins-; yCalendor CredurPte;on2F2'•+ISS
RESIDENT COUNCIL
MARCH 12,1998
r) ';Members present - Dorris Whyte, Mary Disch, Barb Buchholz, Bettie
Allison, Lee Smoots, Melody and Kathy
Barbara called the meeting order.
OLD BUSINESS
PTS will install bathroom safety bars for your bathroom, if you
purchase them. Melody will get prices.
Residents are doing better on recycling. We will try and take care of
the smell .by the Trash area.
The Treasures Report was given.
The Noon Lunch, put on by Clarice Severson and helpers, was a
success. ,
Pancake Breakfast will be March 28.
Flowers for Residents returning from the hospital or nursing home will
now come from Dundee Nursery. We also purchased boxed of candy .
for those who are allergic to flowers.
We have a list of Residents who will be running for Resident Council
positions. We will send a note out to tell them they will be introduced
to the residents at the Resident Meeting.
We changed part of the By -Lavas.
NEW BUSINESS
Millers are still out of there apartment. The week of the 16th, most of
the work will be done.
Aagard did not pick up the Trash Cans on time. They were called.
The 3rd floor has been vacuumed and is being kept up.
The council voted to purchase a high chair and a booster chair for the
Dining Room.
J
MEMORANDUM
TO: ANNE HURLBURT
ED GOLDSMITH
FR: Donna Flante, Regional Director of Operatioosimab
Date: April 1998
RE: PTS Monthly Report for February 1998
Moodily Financial:
February Financial Statements (see attached).
Guest Room Rentals - Guest room rented 8 days due to fire and reeding a place to stay
Laundry - this reflects timing on emptying the machines
RS/Pmgrams - regular meetings plus a Valentines Party
Housekeeping/Purcat Svs. - reflects cost of shampooing carpets for 2 wings
PO/Purch Svs - last bill for carpet cleaning
PO/Repaim & Maim -Garage door repair + fire sprinkler and alarms reset because of fire.
PO/Dues & Subscriptions - MHHA dues will be subtracted each month over the year
GA/Purchased Svs - toner for copier machine
GA/Special Events - flowers for new CEO of Walker
GA/Supplies - cost of new notebooks plus regular supplies
Oeeupaney/IN,rketing:
97 units leased plus 2 caretaker.
Febr=7 Housing Report: includes February Resident Newsletter
Plant Operations:
Frans came out and took care of attic problems
Fire in Apt 131
Scheduled cleaning and repairs for 131
Met with residents insurance person
Last wing carpet shampooed
Stan Scofield spoke at staff meeting
Made emergency notebook for fire department
Resident Services:
Stan Scofield, fire inspector spoke of fire safety at the resident meeting
Wrote letter to resident regarding borrowing money from residents
Wrote letter to all residents regarding taking care of their money
Oldest resident died - carted apt next day
Catered lunch in for residents - 57 people attended - not all residents
Held Valentines Party
Pizza Party Get -Together
f you have any questions, please contact me at 927-8363
Janet Lindbo. Melodv Burnham
FLTIWTA TOM SURE
3757 SSTMT AVEM E Spite
IIIIpEAFmis.ISI SS&M
F#419/
FIWRIAL STATEMTS • IINIIIOITEO
Fab 2! VI{
Plymouth Towns Sgaero
Cwh FlowAndyds
Two Months Ended February 28, INS
YTD Annual
Budgetyaulanse Budget
6131.720 6754 6790406
4 516 4 612
19236 1M 17,135 71
449
YTD
Actual
Revenues:
Riedel Income 6132,474
Investment Income PM
Td d Reveuss 141.533
Expenses:
Aaah46se and Re lderd SBavlae 282
Ilouss'.ee1', 4,135
Plant OPoauow A M*ftnw a 6.709
1.11111109 10A60
Pwft 8 Rebated 6,115
Denod 8 Admtnbtdlve 15.624
Tafel O PWOM Expwbaa 43A I
Inadm v h to bdoasR DWedahsn 97W
and AmeAhatlon
62 . Depredation and Amoalbalbm Exponse 37.216
Income I p we) aeI, bond 60.424
bdwod Espen. 62AN
Ret Usarns p.das) 7 036
A4WbmemU to Cash Flow:
14 919
DepndaH, 634.419
Anio6ta6om 2,799
Dew. (Mor.) In Recelvablss 413
Des. pnor.) In PrepaWe 950
p)sor.) tw. lnAIP 3 Awu@d Epogee 4.M
Acmed Rel Edide Texas 3.847
Aooed InUrosl 52AN
Red Eebte TO Payment 0
c"M Inp wmrw U 0
Unwallsod Ownln6on Costs 0
bwetmeb4:outudom Fund 0
Deposits t9 Dom SWAN Am"Wdpd 18A67)
Dspoelb U Debt Servloe FamddnMrut 52.466)
Debt SeMos Furd4nbroat lnoome 64916)
bwasbgenM-Csplbl Inpao"M 14 de
0
MUM 17.7 1
twee p)eaaase) ba Ceh T2 .s
Cash 6donce, lilsOw q of Yer MAN
Cash Balance, Fdwuwy 28.1641 X47
YTD Annual
Budgetyaulanse Budget
6131.720 6754 6790406
4 516 4 612
19236 1M 17,13571
449 196) 3.813
4.492 M 13.460
1$614 3.406) 73.450
14,470 4.414) 90.360
4495 300 30.493
17.157 N 8231IRM
53.575 9.464) za6.041
82A81 ON - b.
371156 62 . 223.251
45.505 14.919 307.33
52.498 0 313.900
W,00L 14 919 1 7
634.358 681 11205.463
2.798 1 16.789
0 413 0
0 950 0
0 4.993 0
3.383 294 21AN
52.4811 0 313400
0 0 22.450
0 0 5.188)
0 0 0
0 0 0
18.8811) 0) 101=)
52.488) 0 313.500)
4.375) 4.610) 25.721)
14.9501 X1042- 7
14.528 is zosSIOMM
7445 18.123 99,1
WAS W_
jM81I1B 123 1 1
f-
1
i
PLINDOTM TOME SOME
BALANCE SKEET
Feb 2e 98
UNAUDITED
ASSETS
CMIRWT BALANCE MET
NOM 812131M CARBON!
CUUNT ASSETS:
PETTT CAIN
CMECCING - OPERATIONS 1.000.00 1.000:00 0.00
SRVIMGS - SETLMITY DEPOSITS 53.629.20
33.084.65
25.205.53
32.890.82
25.473.61 -
196.83AMMMRECEIVABLE-TENANTS 18.00) 93.10) 75.90ACDOMBTSRECEIVABLE-OTMQ
INTEREST RECEIVABLE 2e6.R0 1,2x.50 486.50)
PREPAID INDEANLi - GENERAL e.91S.c?
3.286.36
0.00
4.839.06
8.915.21
1.S4e.70) PREPAID EIDENIE - OTRW 1.274.86 676.32 598.54 .
TOTAL Ct R ASSETS 101.988.28 68,769.33 33.219.95
PMOPERTT. PLANT. AM EWIPNW:
LAM
WILDI MBi L IMPBO9EINENTS 459.247.00
5,621.612.23
4S9.267.00
S.621.612.23
0.00
0.00LAIDINFNW34M
PIRKI a MIP - GENERAL
y 4e.S43.00 4B,S43.00 0.00
EQUIPMENT - COMPUTER 150.487.2:
1,06.30
1SS.487.22
1.834.30
0.00
0.00PWB5EWIP - MOVSEIEEPIIM 1.015.1s 1.01S.1S 0.00LESSACGAMAATEDDEPRECIATION682.688.40) 640,278.95) 34.419.45)
TOTAL PROPERTT. PWT. 5 EQUIPM ff 5.608.060.50 5,642,459.95 34.419.45)
OTMER ASSETS:
INVESTIMMITS-CONSflUCTIW ARD
IBSESl1EBiS.wmin CAPITAL
32.300.00 40,000.00 1.700.00)
INIESTNM-PWT SEMIIf FIND
185.036.03
653.715.63
177.336.06
504.161.47
7.700.00
69.154.16IN9ESUEIRt-CAPITAL IIP.
IMYBQTIIEO START-W COSTS 7S.29e.M 71.390.41 3.907.83
LDAIMBITI M O IZRTIM WITS
2.960.15
155.166.56
2.930.15
155,166.56
0.00
0.00LESSACOMILATWAMORTIZATIONSS.935.9S) 53.137.06) 2.298.94)
TOTAL OTTER ASSETS 1.046,510.63 978.247.Se 70.261.05
TOTAL ASSETS 6.758.539.41
a sassaassesa
6,689,475.86
assaass essasa ammeaoa
69.063.SS
1
a
1i
CURRENT BALANCE NET
NONTN 812/31/97 CNANGE
e0nti:NN:d)
LIABILITIES AND RM BALANCE
CURRENT LIABILITIES:
ACCOUNTS PAYABLE
ACCRUED RAND IMAGES 11,755.13 5.706.17 6.016.96
ACCREO
NTEESTIES
INTEREST
ACCO EO REAL ESTATE TARES
149.77
131.218.75
1,805.28
78,731.25
1.655.51)
52.487.50
ACCRUED EXPENSE 25.926.31 22.279.71 3.616.60
CURRENT MATURITIES - LONG TEN 7.949.15
100.000.00
7.518.36
1,00.000.00
430.79
0.00SECIRITT/URIT LIST DEPOSITS 31.719.49 31.550.34 169.15
TOTAL CURRENT LIABILITIES 308,718.60 247,591.11 61.127.49
LOW TERM BEST:
BONDS PAYABLE 5.425.000.00 5,425.00O.BO 0.00
TOTAL LONG TERN DEBT 5.425.W0.00 5,425,000.00 ..........0.0
FWD BALANCE:
rn- IBM CAPITAL
PARTNERS' DEFICIT 1.000.000.00 1.000,000.00 0.00
NET INCOME (LONG) 16.884.75
7.936.06
16.804.75
0.00
0.00
7.976.06
TOTAL FWD BALANCE 1.024.820.81 1.016.884.75 7.936.06
TOTAL LIABILITIES 8 Rm BALANCE 6.758.539.41
ois.u
6.610.47S.06
esseesaim" Oaf
09.063.55
1
RETWB:
APMUM am
WI IDIVINK S1RISIDT
MAtJ w-CARETmn
YACOM PAC= - NOT=
9ACANCT FACTOR - SIRISIDT
VACANR - CARETAOR GARAG
MAN RENTAL
EEANR SROP EBR
09EST 8001 RENTALS
NISCELLANEM
IN9E OUT INCONI
TOTAL fEvEmun
E10p:
RESIDW SENOICES:
NISCELIAMM
RESIOBIT 980QNa
SIWPLIEB - 85BAL
TOTAL RESIDENT sags
RWSE lw:
SAMRIES
BENEFITS
PAM. SM -RBBB
REPAIRS ARO MINTENANCE
SmIn - coo=
TOTAL eausEA1 I in
PLTIW l TOM SURE
RAID= OF EARNINGS
ULMITEO
Cum=
20.00
VARIANCE
10R. i TTO TTD
NOm BLOW WJtIAMX OF M. ACINILL sum"
43.090.00 43.098.00 0.00 0.00 06.196.00 06.196.00
21.796.OD 21.791.00 0.00 0.00 43.586.00 43.588.00
1.307.00- 1.307.00- 0.00 0.00 2.614.OD- 2.614.00-
367.00 349.00- 716.00 205.16 659.15 698.00-
367.00- 106.00- 101.00- 97.31 SSO.00- 372.00-
30.00- 50.00- 0.00 0.00 100.00- 100.00-
1.725.00 1.725.00 0.00 0.00 3.650.00 3.650.00
125.00 125.00 0.00 0.00 250.00 250.00
280.00 70.00 210.00 300.00 315.00 160.00
631.50 850.00 216.50- 25.71 1.650.00 1.700.00
30.00
901.
100 60.00- 66.67 30.00 100.00
6.617.15 2.330.00 2.279.15 97.60 9.059.06 6.516.00
70.943.65 . 60.198.00 2.765.65 6.03 141.Su.19 136.236.00 5.297.19 3.89 817.135.00
0.00 20.00
VARIANCE OF am. 0EW09 1996
B T•
0.00 0.00 517.1T6.00
0.00 0.00 261.526.00
0.00 0.0 15.68t.00-
1.1S7.1S 165.76 6.192.00-
16640- So.00 2.227.00-
0.00 0.00 600.00-
0.00 0.00 20.700.00
0.00 0.00 1.500.00
175.00 125.00 1.715.00
262.00- 16.26 10.200.00
150.00- 63.33 300.00
6.543.06 100.60 26.619.00
5.297.19 3.89 817.135.00
0.00 20.00 20.00- 100.00 0.00 40.00 40.00- 100.00 240.00
120.86 104.00 16JR 16.19 127.96 106.00 80.06- 30.68 1.013.00
56.60 100.00 61.35- 63.5 133.68 100.00 66.31- 33.16 1.560.00
171.69 224.08 66.51- M. T6 261.64 648.00 186.36- 61.60 3.613.00
5.13 83.34 55.21- 66.25 26.99- 166.68 193.61- 116.17 1.060.00
6.22 12.50 8.28- 66.26 6.06- 15.00 29.04- 116.16 150.00
1.420.17 2.00o.00 571.63- 20.5 3.751.60 3.300.00. 251.60 7.19 10.100.00
0.00 0.00 0.00 0.00 76.21 SO.00 16.21 68.62 100.00
0.00 200.00 100.00- 100.00 360.60 50.00 9.60- 2.76 2.500.00
1.460.31 2.293.84 85.32- 36.38 6.15.12 6.001.68 43.54 1.06 13.950.00
i
QIRRENT VAR, t
MTN OMIT VARIANCE. OF ANI.
tants a mb
PWT OPERATIONS AND IAiNTENARE:
To To VARA JANUARY 1996-
ACiWL BMW VARIA M OF BU/. OELi16ER 19is'
SUM?...
SAIARin 756.80 1.387.40 630.20- a." l.GBI.18 2.773.40 1.091.62- 39.37 16.639.00
BENEFITS 10.51 206.00 91.49- 0.43 232.15 416.40 167.65- 39.39 2.496.40
APT. RERABIUTATION 0.00 75.0 75.40- 100.00 17/.61 iS0.40 27.64 16.43 1.000.00
CARETAKER ALLOTS 50.00 50.00 0.00 0.00 100.00 140.40 0.00 0.00 600.00
PNIpN. ARB -BLOC 1.655.26 2.960.00 1.326.74- K.45 3.664.63 5.740.40 2.645.17- 46.41 31.765.00
REPAIRS 6 NAINT. 1.714.41 GZS.C^ 1.069.41 174.31 1.794.75 1.323.00 40.75 35.45 S.S00.00
UMIES - GENERAL 332.03 300.00 32.03 10.66 579.85 750.00 170.15- 44.69 4.500.00
TRANI REMOVAL S26.SO 575.00 48.50- 5.43 1.053.00 1.150.00 97.00- 8.43 350.00
NISCELLAIM 15.90 100.00 84.10- 86.10 15.90 130.00 136.10- 89.40 1.000.00
TOTAL PWT OPERATIONS 5.166.41 6.300.00 1.13::59- 18.03 8.709.30 12.SI4.00 3.606.70- 0.40 73.650.00
UTILITIES:
NRILITIES-61C. 1.259.23 1.629 W.77- 20.06 2.890.01 3.158.00 367.99- 11.29 23.350.40
UTILITES-GA9/OIL 2.229.53 4.160.00 1.930.47- 46.41 S.U&IO 9.672.00 4.125.90- 4.66 26.000.00
MRILITIES-MTE11 842.75 7!0.00 72.75 9.45 1.620.06 1.540.00 80.06 5.20 11.000.00
TOTAL UTILITES 4.361.51 6.SS9.00 2.197.49- 33.50 10.056.15 14.410.00 4.413.65- 30.50 60.350.00
PROMI. A40 SEATED:
AMORTIZATION 1.399.47 1.399.00 0.0 0.746 2.796.96 2.796.00 0.94 0.03 16.788.00
0EPRECIATION 17.209.72 17.179.00 30.r 0.16 34.419.45 36.366.01 61.0 0.16 296.463.40
IeTE M I 0 26.263.75 26.243.75 0.00 0.00 52.457.50 52,467.50 0.00 0.00 30.500.00
OSIRAIRE-PROMW 774.35 766.40 8.35 1.09 1.YA.70 1.532.00 16.70 1.09 9.414.00
REAL ESTATE TAM 1.!63.50 1.715.0 140.50 8.66 3.666.60 3.30.0 210.60 0.43 21.480.00
BORT FEES 0.40 0.40 0.40 0.40 0.40 0.40 0.00 0.40 0.40
TOTAL PROPERTf A REL. 47.490.79 47.302.75 181,06 0.40 96.901.19 94.530.50 362.69 0.38 567.645.00
N
i
oIIRREIIT YAR. R TTO TTI) VARA JANUART 1918-
RDRTB BIDET VARIANCE OF 80. ACTUAL BUDGET VARIANCE OF BUD. 1998
OMT. .
Ieontimad)
ESERAL AND ADMINISTRATIVE:
SALMIn-NE 1.575.60 1.575.50 0.10 0.01 3.320.01 3,30B.w 12.01 0.36 21.245.00
SALARIES -110141111 1.261.40 1.261.00 0.40 0.03 2.635.86 2.69.00 13.14- 0.50 x%757.00
BENEFITS 423.56 425.00 O.S6 0.13 893.41 892.50 0.91 0.10 Ii.700.00
mwmis COR• 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0:00 0.00
ADYERTIS1110-M$. 0.00 75.0 75.00- 100.00 0.00 150.00 150.00- Im.00 600.00
AUDIT 8 ACCOUNTING 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,100.00
AUTO AND TRAVEL 32.83 50.00 17.17- 34.34 94.06 100.00 5.96- 5.96 600.00
COPIER LEASE 0.00 0.00 0.00 0.00 0.00 0.00 8.00 0.00 0.00
GAIN SERVICE CRAM 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
COURIER SERVICE 0.00 25.00 25.00- 100.00 0.00 50.00 50.00- 100.00 300.00
DUES 8 SDBSCRIPT. 94.68 0.00 94.68 0.00 189.76 1.163.00 973.24- 83.68 1.184.00
TAU PREPARATION FEES 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
INTEREST -SEC. DEP. 72.58 74.00 1.42- 1.92 19.75 140.00 1.75 1.18 880.00
VOIIIERIS COMP. CLAINS 0.00 OP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LEGAL 0.00 0.00 0.00 0.00 0.00 0:00 0.00 0.00 0.00
LICENSES IRU PERMITS 0.00 0.00 0.00 0.00 0.00 90.00 90.00- 100.00 615.00
NANA6BEIT FEES 3.316.33 3.293.00 23.33 0.71 6.623.71 6.586.00 37:71 0.57 39.525.00
INSURANCE GENERAL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NEETIMSS.9 SBIINARS 0.00 120.00 120.00- 100.00 0.00 420.00 420.00- 100.00 1.240.00
POSTAGE 9.67 70.00 60.33- 06.19 19.34 140.00 120.66- 66.19 1,100.00
PtlN1ED OOBBRIICRTIONS 9.66 50.00 40.34- 80.68 17.07 100.00 G2:93- 82.93 900.00
PIRCG SERVICES 152.10 0.00 152.10 0.00 196.20 120.00 76.20 63.50 1.200.00
LEAD BANK - DATA INPUT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
REPAIRS 8 MMMT. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 150.00
SPECIAL EVENTS 16.15 0.00 16.15 0.00 16.15 0.0 16.15 0.00 350.00
SUPPLIES 171.31 105.00 66.31 63.1S 297.33 210.00 87.33 41.59 1.250.00
TE:EPM 468.59 466.00 16.41- 3.53 912.27 00 17.73- 1.91 S.SG0.00
1IISCELLAUM S7.35 50.00 7.35 14.70 168.71 100.00 68.71 68.71 600.00
TOTAL GENERAL 8 ADMIN. 7.644.01 7.638.50 S.51 0.07 15.533.63 17.156.50 1.622:87- . 9.46 103.884.00
TOTAL OPERATING Ell PENGES 66.298.73 70.320.09 4,021.36- 5.72 133.597.13 143.218.68 9.621.SS- 6.72 8B.292.OD
But= (LOU) 4.644.92
m®ew
2.122.016
owv
6,787.01
G o wft s
318.88
8
7.936.06
swawus
6.982.68-
maa
14.918.74 213.65
m
6.157.00-
2598 88o
til
r•.7•Y'y;' "• •••x'"
r'y ,%. ('
is. FL l• r.T•.'•
r7S,
s" : V! X
tri ',<.;"•:: :.`
Y.r. sr .,a3.'•' •••,r ' i.' •. :''• ;;f q•
340.0''P•iYa4pL+IULiIFiV,LiYM(+jtJTH;
DATE: April 9, 1998 for Housing and Redevelopment Authority Meeting of April 16, 1998
TO: Anne urlExecutive Director
FROM: Edward Goldsmith, HRA Supervisor ff
SUBJECT: Lcan to Advance Funds to Commoril Communities for HUD 202 Senior
Apartments
CommonBond Communities is the designated non-profit developer,for the 46 unit low income
senior apartments that are part of the proposed Village At Bassett Creek development at
Highway 55 and Revere Lane. Since May of 1996, CommonBond has been working with the
Rottlund Company and City and HRA staff on this development. In November of 1996,
CommonBond was awarded m reservation of $3,344,400 in Section 202 funding from the U. S.
Department of Housing and Urban Development (HUD) to develop the Bassett Creek Senior
Housing as pan of this development. Construction of these apartments was scheduled to begin in
the Fall of 1997. However, the delay of the Village At Bassett Creek development because of
the discovery of the contaminated construction debris on the western portion of the development
site has also delayed CommonBond's development.
If this development had begun on schedule, CommonBond would have received approximately
103,000 as an initial developer's tee from HUD to cover their staffing and overhead costs
related to the development. To date CommonBond has spent approximately $59,600 on
development staff costs that they expected to recoup from the developer's fee. This is in addition
to $36,593 in direct development expenses that are to be reimbursed from the HUD funding.
CommonBond estimates an additional $19,000 in development staff time and $56,700 in direct
development costs will be incurred before they can close on the HUD financing. This amounts
to a total of $78,600 in d.:veloprrent staff expenses and $93,293 in direct development expenses
before funding can be received from HUD.
Because of the delay in this development, CommonBond has submitted a request to the HRA for
assistance in the form of a $51,500 loan to cover a portion of their costs until the closing on the
HUD financing occurs. The loan would be re -paid from proceeds of the HUD financing. It is
anticipated that the closing and start of construction can occur as early as this Fall or as late as
Spring, 1999. The closing is contingent upon Rottlund obtaining the site for CommonBond and
Commonl3ond having all of its construction plans approved by HUD. CommonBond has
obtained an extension of its HUD funding reservation until November 22, 1998. Once Rottlund
has negotiated a new purchase agreement for the senior housing site, CommonBond will proceed
to complete its development plans for submission to HUD. If CommonBond is unable to close
on the development by November 22nd and HUD rescinds the funding reservation, the loan would
be repaid over a five year period at an interest rate of 3%. This is a rate that the HRA hasPreviouslyprovidedtononprofitorganizations.
With the assistance from the HRA. CommonBond is hoping to be able to close on thedevelopmentfinancingbythisFall. Without this assistance, CommonBond may not be able toworkonthedevelopmentbeyondJune30, 1998. The requested $5 1,500 would assist in moving.
rathismaldevelhousinopmgent
in foberwaryd and ultimately, if successful, provide much needed low income seniortCit. The HRA currently has an rmco —!"—Asurplus HRA General FundbalanceofapproximatelyS88,S00 Sncm
taw
which to fimd this loan.
I recommend that the HRA adopt the attached resolution amhorking'a 3% interest loan ofS51,500 to COmmOB%nd Communities for costs related to development of a 46 unit HUDSection202developmentintheCityofplymoutb.
Attachments:
1. Draft HRA Resolution
2. Letter from CommonBond Commuoides
HRA Resolution 98-07
AUTHORIZING A LOAN OF 551,500 TO COMMONBOND COMMUNITIES FOR COSTS
RELATED TO DEVELOPMENT OF A 46 UNIT HUD SECTION 202 DEVELOPMENT IN
THE CITY OF PLYMOUTH.
WHEREAS, CommonBond Communities, a Minnesota nonprofit corporation, has received a
reservation of $3,344,400 from the U. S. Department of Housing and Urban Development (HUD)
for construction of 46 units of low income senior housing within the City of Plymouth that will
expire on November 22,1998; and
WHEREAS, CommonBond Communities has incurred costs in excess of $96,193 and expects to
incur additional costs of $75,700 related to development of the aforesaid housing prior to closing on
the HUD financing for construction of the units; and
WHEREAS, CommonBond Communities has requested assistance in the form of a loan of $51,500
to continue the development of plans to be submitted to HUD for funding construction of the
aforesaid housing; and
WHEREAS, the loan would be repaid upon receipt of HUD funding to proceed with the
construction of the aforesaid housing or if the HUD funding is canceled, over a five year term; and
WHEREAS, the Plymouth Housing and Redevelopment Authority has an unobligated surplus HRA
General Fund balance sufficient to provide the requested $51,500; and
WHEREAS, the Plymouth Housing and Redevelopment Authority wishes to assist CommonBond
Communities in its development of much needed low income senior housing in the City;
NOW THEREFORE BE IT RESOLVED by the Housing and Redevelopment Authority In and For
the City of Plymouth, Minnesota that the use of $51,500 from the HRA General Fund to provide a
3% interest loan to CommonBond Communities for development of a 46 unit HUD Section 202.
senior housing development is hereby approved subject to the terns indicated above, for the
aforesaid housing and that the Authority's Executive Director is hereby authorized to execute on
behalf of the Authority all documents and agreements necessary to implement the aforesaid loan.
Adopted by the Plymouth Housing and Redevelopment Authority on April 16,1998.
J
Cianani Amw Coremwrnaa
heard of Olreftm
Mary Mads ula Arn7 ar, CS1
I41tr trel:
Gluna Ik,m:•
William om:
Ellen Ones: r.
Austin Chuan'.,
Thomas a:: -
Antra Duck,-
Joseph L'rric:'
Ruben Gunner
Payor Hugh Gilmy+re
Mag. James liah-qtr
Bhhop Mark Iiari.m
Georg Hicks. Chair
Connie Knith:'
DauW Kramhr.:tr
George tang
Medea Mu1W- L'",
Rev. Kevin MrD.maugh
John %lurph:.
Michelle Grabanski Pohlad
Juhn SicWr
Thmnas Siam
Henry 1er:cr
William Crugrdl
Of cwesel
Eaeturirx Commerce
Caseaarlend Burma
Joseph Enig<
BWjohmmm
Barbara Kilbourne. Chair
Richard atcc nh.
John Murphy
Ida Smmrk
Patrick, Wilder
Henry Yetccr
COMOWemsd Hwang
William Wit
Joseph Ernie,
Ellen Higgins. Chair
John Homer
George Lang
izo
Apped
aaad Callde
nA&
VIRrk
Mm"BOW
CUMM LIN ITI IsS
March 12, 1998
Mr. Edward J. Goldsmith
City of Plymouth
3400 Plymouth Blvd.
Plymouth, MN 55447-1482
Re: Bassett Creek Senior Housing
Dear Ed:
I am writing to request that the Housing and Redevelopment AuthorityfortheCityofPlymouthassistCommonBond ,Communities with a
51,500 advance to pay a portion of development staff expenses for
Bassett Creek Senior Housing. Staff expenses are in addition to the
38,593 in out-of-pocket costs 1*or this development that CommonBond
has incurred to date.
The amount requested is approximately fiflq percent of that portion of
the total developer's fee to be paid to CommonSond Communities at
initial loan closing. The City's advance will be secured by a non-
interest bearing note from CommonSond Communities to the HousingandRedevelopmentAuthority. The note will be paid from loan
proceeds at initial closing; but forgiven if Common8ond Communities
were unable to conclude the Bassett Creek transaction.
The amount requested is actually less than estimated staff expenses.
Since May 1988, when Rottlund Homes Invited CommonBond
Communities to become Involved in the Village at Bassett Creek,
approximately one-quarter of Common8ond's development staff time
has been spent on activities directly related to advancing BassettCreekSeniorHousing. Expenses to d?te for CommonBond'sdevelopmentstaffhavetotaledapproximately $59,800.
CommonBond's property management and resident services staff
have also worked on this development, In order to complete all work
necessary before construction can commence. CommonBond will
spend. approximately $19,000 in additional staff time and incur $58,700
more in out-of=pod, et.cgsts.
ut :::• e6rating:$B:,,xears.. 328 Kellogg Boulevard West St. Paul. Minnesota 55102.1900phony: (612) 291-1750 • jar (612) 291-1003 • rvrb sitc eww.comntonliond.org
An Equal (hrlarrlumly/AJ/mwliW Ikmw 1'h vnn,,ax,r
r,
Mr. Edward J. Goldsmith
City of Plymouth
Page 2
When CommonSond began work on Bassett Creek Senior Housing, we
expected to start construction in Fall 1997. Unexpected circumstances that you
are familiar with have delayed construction at least one year, until Fall 1998.
Since CommonSond Communities is a thinly capitalized, non-profit developer of
affordable housing, it .is dependent upon the fees it same from housing
developments such as this one to cover its on-going staff expenses. The longdelayexperiencedwith .06 development puts into question CommonSond'sabilitytocontinuetoworkonitbeyondJune30, 1998.
If the Housing and Redevelopment Authority agrees to this advance, the note will
need to be signed and Ainds advanced prior to June, 30, 1998, the last day ofCommonBondCommunities' current fiscal year. • This funding date was selected
since CommonSond has budgeted fee income from Bassett Creek Senior
Housing to support development operations during its current fiscal year.
Thank you for your consideration. Please call me if I you have any questionsaboutthisrequest.
S. c@Prely,
N
Douglas yo
Directo' Housing Development
1j
Mar -13. 1998 4:29PM MICAH No.0305 P. 2 s'
MICAH
The Fair Housing Play
A FaIDWIlesed Pby Abosst Fab Mousing
The Project
The Metropolitan Interibith Cmmcil on Affordable Housing MCAH) has engaged the
nationally acclaimed Muslan Theater to create ad
a play about Ask housing. The play ti be parfosmed
uce -Uke i
seven mdro area locations (cityty
and sttbtuban) where Issues of fhir housing are rescldng a crisis pphlt. MICAH believes
that, with a mixture of Bub and artistic ingenuity, The Pak Housing Play will be an
unusual and extremely persuasive evenue toward making Ask housing more widely
available in the metro area. The play will be as invitation to intelligent discussion, an
antidote to far, an antitoxin to misconceptions, ad a lbod of eompassion. The ukhmte
goal is to inspke action by residents to welcome and approve expanded housing
opportunities for low income people in their communities.
But let Juafk.e roll down Oke welisr4 dghteousness
like an overflowing stream. (Amos 6:24)
Who Is MICAH?
MICAH Is a regional advocacy organization mode up of over 100 Catholic. hotadus.
Islami% and Jewish congregations and housing organizations dedicated to ansueing
decent, safe and affordable housing for everyone in our metropolitan commmmity. in the
nine years stare MICAH's inception people of all faithe have made it clear thme is a
moral imperative for fair lousing.
Background
It Is widely recognized that the Twin cities is facing an extreme lack of affordable
housing: lousing that ovals no more than 3O% of the household income. Daring the last
lbur yeah, the U.S. Department of Housing and Urban Developmast (HUD) has moved
aggressively to expand housing choices. The 1995 Holtman vs. Cisneros lawsuit
successfully claimed that it is discriminatory to concentrate the poor Into oatain inner
C areas, (the projects) and that affordable housing must be geographically spread out
called scattered site housing). Now, in the Minneapolis and St. Paul metropolitan region,
hundreds of units of segregated, obsolete public ionising are bang demolished. Residents
of these demolished units Iiequently face community opposition and proudiee as they
attempt to use housing certificates or vouchers to move to into aro with little low -cat
housing (suburbs and wealthier sections of Minumpolis/St. Paul) Similarly, non-profit
r
Naf.13. 1998 4:30PY NICAH
No -0385 P. 4
go
Attacking mlaconceptiona, Illumining complex layers
Merry PaoPle identify affordable houft only with large *uct urs is buff eldes: (theP101004) White x*wba rites may in9Rntly connect affaftle bouaing with an influx ofDmoa-whites and their'timsupervfeed or coorbtldrea." (Qhated fromMapleOro" Planning meedng). The Fair Houdag Flay will educate the audia a in thevarietyofissuesinaffordablehousing, For MOWI , affordable housing takes manyformsimdudiagame11singlefamilyboommixedfnamongmorempwWvshomes, apertm" and condominiums, and mobile homes. Afibrdsbls housing is necessary toensmacoamaaity's own stability. Young Poople who leave their Parents' house needdbfftlehousingtobeabletom=b In the ooarmtmity in wbieh they Brew up. ABotdebls housing is needed to melte we that older residents can remain in thecomma' if they choon to vacate a taws that has become too big for than to manage. Phew *these imr- .a ad stories to an audience through a Ptay cw significantly openthsirimaginationsconceniagthescopeoftheaffofdeblehouslagprrblah. There aremeat' other issues which the The Fair Houft play will illuminate as well. includingissuesofracecadchase. For ehhamPle, there fu a
ome
diffaaaee between affordable
available blow
roUr
houft Affnftle hOuft la 6011301110011 with economics only: making
180% Be".
religipeople.
Fair housing involves issues of disMinination afoundonandphysicalability.
lNs ere all members of of body; when one membersuMsrs, all •-
8uffOr ea ono (I Ca. 12. 28.27)
Date / Lowtlon
May 10. 19981 Adath rashunm Congregedon / 10500 Hillside Ia W. Minnstonkw
Following the performance, a moderated discussion will be held at which contemn, Issues and questions wising fiumn the production can be haired, and dealt withthoughttbnyandcmfidly. The ultimate goal ofthe The Fair Housing Play is to we thethe&UW event as a vehicle to inspire committed action from members of the audienceOWongoing, grass foots action ftom the sponsoigg Smups.
Sponaodng Partners: Adath 7eshwun Congregsdon. CASH, IOCP, League of WomenVoters, Minnetonka Lutheran, St. Luke Presbyterian, Westwood Lutheran, UnitarianUnivmWistChehn:h of Minnetonka.
MEMO.
Ilk
Phi
DATIE'z April 8, 1998 for Housing and Redevelopment Authority Meeting of April 16, 1998
TO: Anne Hurl burt, xecuti irector
FROM: Edward Goldsmith, HRA Supervisor
SUBJECT: Resolutions Authorizing Submission of Applications for the Minnesota Department
of Trade and Economic Development's Contamination Cleanup Program and the
Metropolitan Council's Tax Base Revitalization Account for the Proposed VillageAtBassettCreekDevelopment
On March 4, 1998, the City authorized a restructdring of the proposed financing for the VillageAtBassettCreekdevelopment, Tax Increment Financing District No. 7-5. Under the terms of
this restructuring, development within the district was divided into two phases. Phase I is to be
the development of the eastern portion of the district with 46 units of low income senior housingand70townhomeunits. Phase 2 is to be the development of the western portion of the site with
a 30,000 square faot commercial office building and approximately 100 townhome units. Phase
2 is contingent upon the availability of funding to properly dispose of the construction debris that
is contaminated with asbestos floor tiles on this portion of the district and Council approval of
any required tax increment funding. Proper disposal must be done in accordance with a
Response Action Plan approved by the Minnesota Pollution Control Agency.
Staff with the Minnesota Department of Trade and Economic Development (DTED) and the
Metropolitan Council have indicated that the Phase 2 development would be eligible for
contamination cleanup funding from their agencies. The next competitive application date for
such funding will be May 1" with funding awarded in July. These agencies could fund up to88% of the cleanup cost, which could be close to $2,000,000. The remaining cost would befundedbythedeveloperandlandowner. Both applications would be contingent upon the
developer negotiating a purchase agreement for the Phase 2 property with the landowner.
Both the City and the HRA are eligible to apply for the DTED and Metropolitan Council
contamination cleanup funding. I have recommended that the HRA, as the City's development
and housing agency, apply for these funds. Also, because the City may be using tax incrementfundingtosupporttheactualdevelopmentoftheproperty, it will be to the City's advantage to
keep the grant and developer funding for the cleanup separate from the City's tax increment bondfundingforthedevelopment. The City's Bond Counsel has concurred in this recommendation.
DIED requires that the City adopt a resolution supporting and autborift the HRA and its
designated representative to submit the applications for these programs and commit the required
local match. Althougb the actual source of the match will be the developer and landowner,
DIED requires that the City commit the matching funds in its remlinion. An agreement with the
developer should require that the developer provide the necessary matching funds, before any
DTED funding is accepted by the HRA. The City Council is considering adoption of the
attached draft resolution authorizing the HRA to submit the DTED application at its mating on
April ISW. If this resolution is adopted by the Council, the HRA will have the authority to
submit this application on behalf of the City. The DIED and Metropolitan Council have
specified the attached forms of resolution to be adopted by the HRA.
Given existing conditions at the Phase 2 site it is unlikely that it will be privately developed to
generate additional property taxes without governmental assistance. If awarded, these grants will
permit development worth an estimated $13,000,000 that would initially produce apply
5200,000 in local property taxes annually. Any DIED funding received will also reduce any
WA contributions requited under the tax increment statutes by 50% of the amount of the grant.
Application for these funds will not obligate the City or the HRA to Qrovide any funding beyond
that already approved for Tax Increment District 7-5.
I recommend that the HRA adopt the attachg5 Resolutions 98-08 and 98-09 authorhdug
applications for the Minnesota Department of Trade and Economic Development's
Contamination Clew -up Program and the Metropolitan Coundl's Uvable Communities
Ta: Base RevitaBxatiou Account, respectively.
ATTACHMENTS:
1. Draft HRA Resolution 9848 for DIED Contamination Cleanup Program
2. Draft HRA Resolution 98-09 for Metropolitan Council Tax Base Revitalization Account
3. Draft City Council Resolution
HRA Resolution 9848
AUTHORIZING SUBMISSION OF AN APPLICATION TO THE MINNESOTA
DEPARTMENT'OF TRADE AND ECONOMIC DEVELOPMENT'S CONTAMINATION
1j CLEANUP GRANT PROGRAM FOR THE PROPOSED VILLAGE AT BASSETT CREEK
DEVELOPMENT
WHEREAS, on March 4, 1998, the City Council of the City of Plymouth, Minnesota (the "CITY")
adopted Resolution No. 98.156, Authorizing A Restructuring Of The Proposed Financing For Tax
Increment Financing District No. 7-5, the Village At Bassett Crock Development; and
WHEREAS, development of the westerly portion of the District ("Phase 2") requires additional
financial assistance to cleanup conhrminated construction debris deposited on the site; and
WHEREAS, the Minnesota Department of Trade and Economic Development (" DTED") is
accepting applications for financing to cleanup contaminated sites such as Phase 2; and
WHEREAS, flus Housing and Redevelopment Authority In and For the City of Plymouth (the
111W) wishes to apply to DTED's Contaminstion Cleanup Program for assistance for the Village
At Bassett Creek Development;
NOW THEREFORE BE IT RESOLVED by theHousing and Redevebpment Authority in and for
the City of Plymouth, Minnesota that it act as the legal sponsor for the project contained in the
Contamination Cleanup Grant Program to be subMitted on May 1, 1998 and that Anne Hurlburt,
HRA Executive Director, is hereby authorized to apply to the Department of Trade and Economic
Development for funding of this project on behalf of the Plymouth HRA.
BE IT FURTHER RESOLVED that the Plymouth HRA has the legal authority to apply for
financial assistance, and the institutional, managerial, and financial capability to ensure adequate
project administration.
BE IT FURTHER RESOLVED that the sources and amounts of the local match identified in the
application are committed to the project identified.
BE IT FURTHER RESOLVED that the Plymouth HRA has not violated any Federal, State or local
laws pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or .
corrupt practice.
BE IT FURTHER RESOLVED that upon approval of its application by the state, the Plymouth
HRA may enter into an agreement with the State of Minnesota for the above referenced project, and
that the Plymouth HRA certifies that it will comply with all applicable laws as stated in all contract
BE IT FURTHER RESOLVED that Anne Hurlburt, HRA Executive Director is hereby authorized
to execute such agreements as are necessary to implement the project on behalf of the applicant.
Adopted by the Plymouth Housing and Redevelopment Authority on April 16, 1998.
T
HRA RESOLUTION 98-09
AUTHORIZING APPLICATION FOR THE METROPOLITAN COUNCILS LIVABLE
COMMUNITIES TAX BASE REVITALIZATION ACCOUNT
WHEREAS the City of Plymouth, Minnesota (the "City") is a participant in the Livable
Communities Act's Housing Incentives Program for 1998 as determined by the Metropolitan
Council, and is therefore eligible to make application for funds under the Tax Base Revitalization
Account; and
WHEREAS the Housing and Redevelopment Authority In and For tie City of Plymouth (the
WW) has bow duly established to undertake and support activities within the City that facilitate
development and the growth of the City's tax base; and
WHEREAS the City and HRA have identified a proposed clean-up project within the City, the
Village At Bassett Creek, that mats the Tax Base Revitalization Aeoounfe purposes and criteria;
and
WHEREAS the HRA has the institutional, managerial and financial capability to ensure adequate
project administration; and
WHEREAS the HRA certifies that it will comply with all applicable laws and regulations as stated
in the contract agreements.
NOW THEREFORE BE IT RESOLVED BY THE HOUSINO AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF PLYMOUTH that Anne Hurlburt, Executive Director
of the HRA is hereby authorized to apply to the Metropolitan Council for this funding on behalf of
the HRA and to execute such agreements as are necessary to implement the project on behalf of the
applicant.
Adopted by the Plymouth Housing and Redevelopment Authority on April 16,1998.
ON
rA6e 3 .
MEMO,
n
cyn,OF PLYMOUTH
3400 PLYMOUTH -ROP YARD; PLYMOUTH, MN 55447
DATE: April 9. 1998 for Housing and Redevelopment Authority Mating of April 16,
1998
TO: Anne
A.
Execudve Director
FROM: Edward Goldsmith, HRA Supervisor
SUBJECT: NOMINATION AND ELECTION OF OI'.FICERS
At the March meeting the Board postponed the electim of officers until all Commissioners were
present.
Currently. the Board Offices are held by the following Commissioners:
Bard Chair David Crain
Vice -Chair vacant
Secretary Pat Pehnring
1 recommend that the Board nominate and elect new officers.
J