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Housing & Redevelopment Authority Packet 04-15-2004
STAFF REPORTS MEETING OFAPRIL 15, 2004 CITY OF KLYMOUTH HRA J Q, AGENDA PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY THURSDAY, APRIL 15, 2004 7:00 p.m. WHERE: Plymouth Towne Square 15500 37th Avenue North Plymouth, MN 55446 CONSENT AGENDA All items listed with an asterisk (*) are considered to be routine by the Housing and Redevelopment Authority and will be enacted by one motion. There will be no separate discussion of these items unless a Commissioner, citizen or petitioner so requests, in which event the item will be removed from the consent agenda and considered in normal sequence on the agenda. 1. CALL TO ORDER - 7:00 P.M. 2. CONSENT AGENDA* A. Approval of the March 18, 2004 HRA Minutes. B. Plymouth Towne Square. Accept Monthly Housing Reports. 3 NEW BUSINESS A. Plymouth Towne Square common area renovations. B. Transfer of Plymouth Towne Square reserves to HRA General Fund Reserve Account. C. Provide financial assistance to preserve the project -based Section 8 program at Willow Creek North and South Apartments. D. Discuss potential senior apartment project. 4. ADJOURNMENT MIEIIORANDUY To: Anne Nurlburt & Jim 8010e8 From: Kathy eossen, Managing Director. plymouM Towne Square Dab: April S. U04 RE: PTS Monthly Report for March 2004 April Newsletter and April Calendar attached February financial alatentent attached OccupancylMarlteling 235 two-bedroom moved in on March 2(P. 301 two-bedroom moved -in the and of March. 205 two-bedroom will be moving in slowly after Mach 311x. Manch Vacant. Un4eased_Agaftents, 215 (two-bedroom) The single resident in this unit will be movirto 223 (one - bedroom) who gave notice and moved to a care center the end of March. March Vacant. Leased Aoadmerds None Administrative Estimates for wallpapering, painting, carpet installation and upholstering were gathered and submitted to Grace Managenrerd. Inc. We are still awaiting another bid for carodt. laying and print. New computers for the office, were delivered, set up and installed. We also had DSL service installed. slant Operations Mike. our caretaker, was on vacation br two weeks. Contract labor was used for about 20 hours a week to fill in during his absence. Our contract painter- painted apartments 235 and 205. Cam and vinyl was installed in apartment 235 (cost - $2.403.14) and kitchen and bath . vinyl was installed in apartment 205 (cost - $1.001.06). The carpet in 205 was cleaned. IGthen vinyl in ap utmment 211 also needed to be raplaaed (cost - 5555.46). The springs on the asst garage doors broke. The total to replace the springs, plusachinganothersetforthewestgaragedoor, was $640. We ordered another setbecausei..is Bray the other one will go and it took seaml weeks to get. T & 0 Landscapes was here to dig along bath sideR cif the building where water hasbeenrunningintothegaragebytheelectricalboxes. They did not find any split or crack In the cable coming *CM "electr"I box to the wan entering the building. They wrapped the Pipes and tarred along the building. We hopping this solves the Pte• Mot ft Plumbing was here to replace a PVC pipe that hal broken off inside the wan under the kitchen sink in apartment 326. Cost - $243.60. Current Limited Systems was here on the le to test the fire alarm system and the emergency pun call system. Cost - $852.30. Reaident Sermrlcea A special performance by the famous Marilyn Sellers was on the OP. The dining roomwaspackedandresidentswereencouragedtoinvitedfamilyandfriends. MarilynSellershasperformedallover. sings Gospel. Country. Broadway and Pop and made the a. j..'One Day ata Tree" famous. She has even volunteered to return on• Sunday. May 23 . A new treadmill for the acivities room was delivered on March 111°. ft cost $1363. Residents are thrilled and many new residents are using IL Time SL Patrick's Day Party was moved to the ldh so we could get our entertainer. Shawn Sweeney. Treats were served after his performance. Get Together on the 24P was a potluck dinner. Resident Meeting was on the 25"'. Jim Barnes attended. pancake Breakfast and Blood Pressure cock was on the 270. Rnancial Year to date we are under L,udget by 10%. This is a result of fewer than anticipated move -outs resulting in fewer apartment turns. J IMETS: PLYMOUTH TOWNE SQUARE BALANCE SHEET FCBRUARY 29, 2004 CURRRErrNYYT CASSSETS CRECRIW— OPERATIONS SAVINGS—SECURITY DEPOSIT A/R.— TENANTS INTEREST RECEIVABLE PREPAID WORKERS COMP PREPAID PROPERTY INSURANCE c AL CURRENT ASSETS IXED ASSETS LAND LAND IMPROVEMENTS BUILDINGS FURNITURE & EQUIP—GENERAL FURNITURE & EQUIP—HSKPG EQUIPMENT—COMPUTER ACCUMULATED DEPRECIATION: A/D FURN & EQUIP—GENERAL TOTAL FIXED ASSETS NON—CURRENT ASSETS INVESTMENTS—WORKING CWITL INVESTMENTS—CAPITAL IMPRV INVESTMENTS—NEW DEBT SERV DEFERRED CNG=BOND DISCOUNT DEFERRED CHG—BOND ISS COST DEFERRED CHG—ORIG ISS COST ACCUM AMORT2—ORGANI2 COST NGV—CURRENT.ASSETS TOTAL ASSETS f i 9 45,SS5 36,696 6,786 7,600 1,859 622 459,247 75,323 5,666,948 208,762 5,043 7,659 1,543,007) 922,282 401,576 171,657 49,084 35,508 27,729 548) 99,918 4,879,975 1,607,288 6,587,181 PLYMOUTH TOWNE SQUARE BALANCE SHEET' FEBRUARY 29, 2004 LIABILITIES& CURRENT LIABILITIES ACCOUNTS PAYABLE TRADE ACCRUED INTEREST i 401K WITHHOLDING PAYABLE ACCRUED REAL ESTATE TAX ACCRUED MISCELLANEOUS ACCRUED SALARIES/WAGES TENANT SECURITY DEPOSITS TOTAL CURRENT LIABLITIES LONG TERM. LIABILITIES BONDS PAYABLE TOTAL LONG TERM LIABILITIES TOTAL LIABLITIES EQUITY: CONTRIBUTED CAPITAL RETAINED EARNINGS TOTAL EQUITY CURRENT YEAR INCOME (LOSS) TOTAL.LIABILITES & EQUITY 19,587 68,149 134 30,240 702) 1.,927 34,187 4,750,030 4,750,0:00 1,000,000 665,538 153,522 4,903,522 1,665,538 18,121 6,587,181 ppCGOCQ7 C Om Fowl mows MITI M Imk umma WO M tEWU LAl1 1I 1E0111L ITscatAi gs KIM 11IEST= 1111011E lIL /11111 IID/ IElE1tlE Talk Kam K11alU TelL'aY ItEOt IpiQ[II ' I4 tE NAT/ Aa 110 m11111 EIRI fE110rrN 7I, i001 1 1 1 1 1 1 1 1 1"1 1 1LW101 1m01 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 IEII-t0iA11 1 1 1 1 1 1 1 1 1 1 1 1 \ ACIOk min /O/IWWI 1 on mm IN1111/AIM i 17,1» Il,seo ril 7.1 a,w e3,p/o 2,1" 7.6 70,N1 71,010 1,N1 71.1 is non 11,ns1 10.11 0,07 02,N0 6,167 9.9 124,471 IN,s00 1"1 1 1 Ise In 1:51 111.31 1" 10 lal Ill.fl I'm I'm a 1.1 1,110 1,TN N 7.1 n I" Ills) 10.01 IO 10 n a.0 m m 11111 113.T1 I,m 1,00 17011 Ill•11 a a 7,IM 100 1,fa 1,001 0,72 I'm (IITI 17.11 If,m I1,e70 1151 151 100 O,In l,qs I.A 131,710 ITI,fn 110) 1.11 folm Evil= Isos rtlT! M f• slupll MWIfO Enwss aurin ssEsu{N E1LNip mm lout" Ea11s11MiO1M. Ow lorlalm ms1E f 1 1 I f l t l l l 1 1 t EO1101N I I I I t l l l l l l WAL /LOOM EtRO3EE rwiiwn1 1 . Mm N11O1OmIl1Ob RALE NILID 1 EImm so cow NII L[O3[/Mm min 111 9A ORM alum 0,N0 It1f/AF Un 1 msa /MFEQIML 2A Milan !E[9 I,N1 a2 LILms, luO1s 11111 IOI tEU C sufful 0I{OOlem O LINW 8.16 •, Niglio fill) Will O ill IEfvl[[f logo 1192LOW 1,100E1n INA IMIL our oml$ Mllm IN IN.O fie s/.v WWIIM f LMINf 13.1 We 1:,IN I,Sm C 1,15 i t ILIUM ILmE Imes Isos rtlT! M m 1I0 "m O l* O m OW /EOo1 a- 290 2101 Illlltllllll 1i111111112fE-1OOIIE111 f 1 1 I f l t l l l 1 1 t EO1101N I I I I t l l l l l l rwiiwn1 1 . am/ORIEO lN1111iN) 2 111 9A 9,W 0,N0 Ile 2A 1,024 I,N1 a2 4.4q3v1.3 011 8.16 •, 1,201 fill) Will I,W 2,N1 300 INA 1N IN IN.O fie s/.v 1N 13.1 We f.f 1:,IN fi,LO1 I,Sm IIA 1,15 f• 1N In IVA 247 191 310 IN I3 list 22A 119.51 139 N 2p N) 110.0) 111) IA Ix N0 IN) m 120-411!1 INA 10 N INA iO 1l 11 N.O 1 IN 7 INA12.51 fill 13.01 I,IN 1,110 jN) NA p N W.0110 30 3NN IOIA 131 130 NA lip N I, 0,100 O,O4,W9 p 1 1l.I To g 1191 I0.11 10 10 10.O 203 l 00 9 {N.1 1/ It.3 I1 SII y{ Is N.2 INA la WILITWt 0fl61r1a4Lalelc OISLITKHM A 90 IllllrIO.0 1161 Wallin as8 on.uE-sonl UIMIG Serpa MAL l3Eala Main 6 atelie6lrlt a I I Iaa x11010/ 0 gam OWES mm 0 own= EIEOIa m611ImI1I Ex 69MI1111 1 m61t 11111165120 w E11PERrfS alr Ilaa[e r26a aE61a1 ma 110/111/ Lm UK/= Immi, TOIL FUSIN 61M10I I lama neumr ra n /Dile 6a ne IpIIa mE1 IEp6'A19 iv, 101 10 t 1 1 1 1 1 1 1 1 1 alla3lala 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 9EER-r016TE 1 1 1 1 1 1 1/ 1 1 1 1 It KII ala1E1 ra/IIQaI 1 am Kula r611/(3i1'9) f 1,/1e I'm n 4.6 low 3,01f I 3 is 100 191 9.9 611 ele In 13.1 5,300 11,1t't (26.5) 11,70 10,600 111111 INA w6. f03 e,m.-.1:m 11,1101 415.71.15,113 t/,0S 1,01/1 11.01 55 9 INA 110 130 100.0 301 300 111111 INAI 17 100 11111 19.3) 311 m it") (56.11 517 Ito 111 11.11 S0 56 110.0 100 100 H0.0 06 115 fill 16.31 331 350 111 IA 3.0 3,110 1116) 11.11 5,90 6,x0 a5 11.6 303 300 171 1.11 601 600 Ili 1.71 I'm I'm 100.0 1,746 1,70 110.0 In 105 101.0 nil IN INA 3,10 3,715 INA 1,3n I'm 5,170 NA 3S 126 6S 15.1 961 1100 Hill 115.11 126 110 INA 130 110 110 0.1 2,:24..... 1011 Il,nal 1111./) 70.6 3.010 1'000 film) 156A1 w. 6,6" IO'B" I,Ia I3,1e1 11,x0 I,n6 2.3 f, Kahn Ta1E 000eaE Isis nn121n ro rrE term ro to caro aorto rtlmin r, Zea I l l l l t l l t t l l 12pAE1I. rale 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1 1 1 1 1 1 11 1 16a1E 1ralueren 1 1/ 1 i s etfaa 11>«Ero rlr taral s 4 i II aaTlullat N,aee 1I,Oa Ulm etllEcuu n/ 711 alelluila WIL /Er1Ec MII 11,211 19,211 u' x sq N teroJlnteEeT/103aOtEt mm 11 LIN a 1e01 Tell 2,10 2,100 12.1 1 ,320 2l,a11 2 2,Ii1 12 .1 owlIVIIIIE 4,3214,321I,It1 IMon eT,atRE 671 Teel 17,103 11,1a 10.6 Au$ 10.1a,212 C Intl 00110 EOE16115 61,211 6NN1 l,210 7./ I20,IN I3S,fS1 12 001 12,101 9.9 I/,la p 11,2SS 301.1 11,121 f,211 211.0 fat Milo I=. kY E t C Ct fF• F 4 Kam M as mm UAMW Io. n1 a Innis M M MI 7r, 7001 M 111 a 11II ' 111 aI A a 611 OYT 0 i1 IAO IEOa G MOIL 11=1 011011 oft 17,171 47,451 11,w Ip0ImlYlaLS If,N7 70,703 now KIIMIL•00a 15,113 a I21,/15 0101 PFAM/093/017 OIOII no OIIIL HO IS 700 Bao UNIL 1,/10 1,170 3,110 s 11 1ao10111ot 770 o Im IaM100a m IN I'm IIBLELLaa 001a Q 17 1011T0111a0 3,100 3,100 7,600 TOTAL m@3 w ma 7,031 6,131 13,30! 10I1L 11VaO 07,110 A,100 131,710 Is 1L11100d raaE RIME ILOIE NiEFpR M RR IEE IIII1r{4 M MORI 29, 2011' NE In Err IM Mr AEI a AR 1F1 n RI 089 a 9I1 REUIR El/EB8 1E1EOEl EOE6FIt B,1J0 in= /HAIR 2,N1 2,819 1 minum "m I'm 1,823 RI Eat MPIR KRID 131 w 1,611 Otm IWI» 289 1,318 u1 BEERFlom Cal$ 138 111 ....... .._._. ........ MK IE00m [vow An 1,123 FKXM wilisR11119It._ . R1 OFF= 9WUR 111/RSii 213 31 In 2214 cwo r1 13B In EEED LEAEmIrlm"I" 221 321 I'm mom 313 101' 100 1011/2n3I'm 361 701 8,000 WAIMM Full 1,010' 4,600 r OWrMMWIOR 0419ID 31 11 OEBIKIT EFmm Evm 114 ms ........ ....._. -.._... ........ 11,111 MAL Pop 01EIEIp110E 1,102 ' "I" ti • C, 7 i o 1L1M faQ MUM[V law 6I610E01 IN = 160 am we O0p1611/ P, 2m 610 901 IN m, 667 Al 76L AM & 691 016 0 m mnlnes 01ILI1111•E =I9 I,6a 1,011 SpOl 011LI11WIIF11 an 061 209 611 6m1112Mg5 5,016 m 11,119 , i 1 t.... TOTAL 01111x101 1,18 0,5/6 11,511 IliY1113 9L06O111OPIUM 119 591 511 F MAL 9i6Y116 119 1" 111 h. WAI15 6 Y1610M i 111111116 6 OWNS WKI06 51 116 210 6006I65 6 1011101110E 1,561 5,715 5,915 11091I001011I152M111 562 102 6p 0611 TWA = 2,521 2,520 IBM ILUM 612 85 961 STU Mum 22 80 LM 90/02614 slow 175 2,721 1,060 r011L 61H116 610111 6,81 6,652 15,x4 C, 7 RIMN "M WK Jim STARIM FEINE POIMM MIMMV.0" TO NM on NA1 14N JIL 101 AAI 617 w KC 111 WKCIIIIINIMIM1101101 Ougluls some Item move KFMIMTI VO1/WWW11IRWMI 4,30 ralm to Lin a M TAB 2,114 2,10 a* Now Ems. Dim 12,1111 I'm AM" twilla 6n "I . . . .... . . ... . ...... Doug Talk VARVIIIIIIIII Isom II'M .... .... . .. .. . . w, ..... now 61,291 .. . . . ... al WW. IM IN= 4,011 14,1" ---- — - -- . ........ FLVAM i1A13 69033 IIMAI IrATM r IM YK TM IMTM Mon man 29.2m ism IM M Mi M ALL IM SI9 KIM ! 911 CM FLO ITINLIL1A11M MOITAL 11929RMIn 2,905 1,361 9,349 IMAL WITAL IIIMMIITS 2,9M 1,363 9,349 MO MM KPI 1 NMI [am ANTI-ITA14 OF MI 271 271 SIO ITOAICIATIM IO,OpO II,049 36,000 Y. TOTAL AM TACT-BOPI 6 =1 11,771 10,210 36,510 11SC AMmO1ISnNNrMcnMlp ALMMTS OAIAILT 3,491 9,275 7,973 ACCNIRS ATQI9AILT 12,1661 392 11,04) WITH 623 623 1,207 ALCINVI I,M2 13,6361 915 TEAL AISC ANI15M1 6,607 11601 1,211 CA311 no ITTOIT KIT, IM91CT 21,496 11,615 10,110 KIT Sny11111015111 MY 113,6121 126,2031 139,1451 ITT CA91 no (IT6TA9151 12,765 6,121 I8,68 INSIXITS 15,2011 5,2011 10,116) ACTIN. CAM •LW 71031 nusw 1,713 wmn nnwa uuma awaw eaaaaw arum aaamu aanwa unwa wmn wnm 0,770 mmw 1 J TQWNE CRIER APM 20Mfi 0 ARDIS FUNDER GINGER CARLSON JOHN BRACKEEN JOHN HACKETf RAKHIL RIZKOV PERIE SMITH LOIS CHRISTENSON BILL CONWAY DONNA KNISLEY ETHEL LARSON VIRGINIA NESS DOROTHY DOWNEY PHYLLIS LAMBERT HELEN FLEMMING GENYA DUBINSKIY CLARICE SEVERSON 5 6 10 12 12 12 15 15 18 24 24 25 25 26 27 28 Apt. 109 Apt. 316 Apt. 331 Apt. 224 Apt. 305 Apt. 209 Apt. 306 A, pt. 131 Apt. 304 Apt. 323 Apt. 103 Apt. 116 Apt. 230 Apt. 314 Apt. 301 Apt. 110 AHEAD ON SATURDAY N/GNT APRIL 3"° FOR THE TIME CNANW ON SIINO,AY, APRIL 4"t Saturday night 500 Cards is chrwanged D i QW PASSOVER Apri16-13, 2004 Passover is the most celebrated Jewish holiday. It commemorates the Jews exodus from Egypt and is celebrated primarily in the home wiih family and friends. The Seder (meaning "order") includes the Passover meal and the related ceremonies that are celebrated that evening. Passover is an eight-day celebration, with Seders being celebrated on the first two nights. This year Passover begins at sundown on Monday, April 51. EASTER April 11, 2004 L. Easter is the most important holy day of the Christian calendar commemorating the Crucifixion and Resurrection of Jesus Christ. It is a time for Christians to remember the suffering and humiliation that Jesus experienced that led to His ultimate death. WECOME NEW RESIDENTS Paul and Clara Collier in apartment 235 John and Marilyn Brackeen in apartment 331 Bob Erickson/Eleanor Bol in apartment 205 J "If your eyes are blinded yr:!b y it worries, you cannot see "he beauty of fhe sunset" GARDEN PLOTS If you are interested in a garden plot out in front of the building, please sign up on the bulletin. board! This year only there will be a $10.00 charge. It will also reserve you a plot for 2005. We will be dividing up the plots up according to how many residents sign up. Not more that eigha their resident must be responsible to water and wee p We will draw for spaces on May 1 st and post it on the bulletin board. If you have any questions, contact Marian Goodacre (31 1)'i.. GET TOGETHER APRIL 14'" AT 5:30 P.M. MEIITLOAP DINNER BAKED POTATO VEGETABLE WLESLAW BUN COFFEE a LEMON PIE n 71 D MK01S WILL 80 ON SALE FOR $100 APRIL 70o, r 6 Sp- j MONTE WESTER MUSIC Tuesday, i qw P.M. BEAUTY SALON Jennissa's new hours will be Thursday — 9:30 a.m.— 7:30 p.m.. jJ00N Friday —10:00 a.m. 7:30 p.m. Saturday — 8:00 a.m. — 3:00 p.m. If she is does not have clients during these times she may leave, but please feel free to call her for an appointment. 612-308-9674 A THANK YOU NOTE TO ALL RESIDENTS WHO ORDERED GIRL SCOUT COOKIES FROM JENNISSA'S DAUGHTER, MCKENNA. Cat litter was dumped in the West, stairway trashcan. Those of you who have cats must dispose of the litter properly. 0 Spring is coming soon and that means noteo et your apartment have your apartment windows open. Please be careful door'slam shut. 0 April 7th the Epilepsy Foundation will make a pick up at PTS. Have your bagged items in the front entrance on the morning of the 7th. 0 On Thursday, April 15th the City of Plymouth. Housing and Redevelopment Authority (HRA) will be holding their meeting in the dining. room at 7;00 p.m. Therefore Bingo is cancelled for that night. Remember you must break down your boxes that go in the recycle bin. 0 We are very thankful for the new Treadmill. We ask that you DO Nc TMOVEtheTreadmillforanyreason, nor let children play on it. 0 Kitchen crew - please let Kathy know if we are low on supplies. 0 If you are cooking something that has an unusual smell, please keep your apartment door shut. 0 Thank you to those who donated dish towels and wash cloths for the .ritchen. We now have a great supply. W NATIONAL VOLDNTZBR WEEK - API Ir - 2P National Volunteer Week is the official time to recognize, and celebrate the efforts of volunteers. Thank you volunteers for all you do! Notice deliverers Ticket sellers Quarter sellers Resident Meeting Committee Bakers Servers and clean up Berry sauce maker Dining room decorations Table setters Sunshine lady Library Towel washers Garage cleaners Shoppers Pancake committee Noon lunch Bingo organizers Kitchen volunteers Garden committee Entertainment coordinator Towne Crier assemblers Drivers Organ and piano players Tai Chi Instructors Church organizers Computer instructor Card playing organizer Get Together volunteers Clean up Party helpers Holiday decorations Befriended too taw it C aft it Every spring we send out our Tornado Procedure in teoTowne Crier. Reading this will help to clanfy in case we have a Tornado Watch.or Warning. Please read this over and keep it close for reference. Tornado/Severe Weather If there is a tornado watch, warning or a severe weather warning for the Plymouth area, commercial radio/TV will alert you. The National Weather Service issues a "Tornado Watch" or Severe Thunderstorm Watch" when weather conditions are right for a tornado or severe weather. This gives us time to prepare and to watch the developing conditions; however, when the National Weather Service issues a IlTornado Warning", a tornado has been sighted and the Civil Defense sirens will sound. WATCH" means that conditions are right for a Tornado/Severe Weather. WARNING" means that a Tornado/Severe Weather has been sighted. This is an urgent warning - if you are in your apartment pull your drapes and take shelter immediately in your bathroom. If yuu are on the first floor or public areas, move to an interior hall or lounge area. Always stay away from windows. The garage is not a secure area due to possible pressure on overhead doors and the danger of IJflooding. Ow TO EVERYBODYAT RISM THANK YOUM J Such little words—"THAN YOU" they are just not enough to tell you all how much we have appreciated your get -well wishes and concern during these past weeks when Elmer was hospitalized and the long tough days and nights waiting for things to get better, which they have done with God's help and your prayers. We have been so thankful that we chose to live at Plymouth Town Square and have gained so many new and wonderful friends. We feel so blessed and grateful to be a part of such a caring community. Thank you everyone, for the cards, the calls, the flowers, the gins of food, to Jody for the hospital trips, and especially the prayers. We know now, for sure, we are at "home"! Love to all--- Elmer and Helen Ritter WI' i S M 'r w '1' I' S t • 9 1n n 12 u 14 IS 16 17 IN 19 20 21 22 22 24 25 26 27 22 29 UI 21 April 2004 Monthly Planner 4 AM 1'ai Chi Chili PM Poker PM 500 Cards (Fri.) MAW KENN 4 S X:30 AM T'ai Chi Chili 12MAmjAAj-&-Pjdc- 9:30 AM T'ri Chi Chili IOCCoffee N.csiticm Y 4:00 PM Poker : 30 AMT'2i Chi Chili 00 AM (:Itureh Service 7:1111 I'M BINGO s!tKctYSlll'N 9:30 AM Men's Clint 10:00 AM Bible Study 1:301'M 3/13 Cards DR 1:00 I'M IIF:ALTII G:Ix1 I'M 51111 Cards (Fri.) 5:(X) I'M Cards(Tuc.) I'AI.K 7:OO I'M I)INCiCI OO1) FItIUAY PALM SI1N11AY IIAI'I'Y Ilil'sI' I(N)'I'CAXI': 1'ASS(W F:It IIF.C.INS 1 I irk 9:30 AM T'ai Chi Chili 10:00 AM 1lcsiclenl 8:3(1 I'MCltih 9:0(1 AM Church 9:30 AP1'I'ai Chi Chili 10:00 - 12:00 1 AI 9:OOAAIJ7ia XIJ!!< gibu0) 10:00 AM Bible SludY PokerCn(fcc 4:0111'M 5()0 (Fri.) 7:00 I'\1 111lA Meeting I'M 5011Sen•ice Norris Whylc.lew'el- lko ri, 901) AM Men's Chili 1:30 PM 3/13 Card% DR OSFICards OFRICF. CLOSEROF EAS"IT11 ry Slrrrly r S 5:(x) PM Cards 1"uc.) 5:3D 1'111 GF:I' 1'(')(:.F'1"IIF.R 3:(N) PM S(.I11LAN. 7:00 Ph1 RINGO ------ 22 ------- 23 _ -- -- 24 rS 9:30 AM Tai Chi Chili 11:00 PINI RFSII)I:N•I' 9:30 AM Tai Chi Cltilt 9:30 NC - 10:00 AM t.on AM Church R:30 AM T'ai Chi Chili 2i"-LVb11.1_ML r Poker 1'ANI:AKF: tiery id 7:IN) PAf 1)INGU (SEKSU-1110) 100) AM Bible Shtrly 11 EETIN1.: 4:401 M ( X)C RREAKFA."' 9:30 AM Mcn s Chili 1;301'111 ]IIJ Cards 171+ 7:001'ht I)INCiO G:001'M 5(N) Cants (Fri.) 7:30 AM Blood Pressure 1.001'111 111nnlc West- N(.t AM 1:01°Ir01i ern Music 5:001'M Cards(Tuc.) 30 2 S - -- - - 17-- -- - 28....-._ _.- _ 29------- - --- - -- 9:3 AM Tai 9:00 Aft Church 8:30 AM'I"tti Chi Chili '-) O AW-Ij) 9I:—A-JW - 9:30 AM'I":titChi Chili 10:00 freel Resident 4:00 I'M Poker Chili Service 13:001'M SCIIWAN'S (:I'-''-1 0) 100) AM I)ible Shuly 7:001'M )11NCiO (i:00 PM 500 Cards (Fri.) 17:1NI I'A1 IIINGO 9:30 AM Mens Club 1:30 I'M 3/13 Cards 1)R 5:00 PM Carrls(Crlc.) I Printed by Ct11"Jar Creator Ptrts on OY202004 l s k GRACE aas ra.....raows MANAGEMENT, INC. To: Plymouth Housing and Redevelopment Authority From: Jody Boedigheimer, Grace Management, Inc. Date: April 9, 2004 Subject: Plymouth Towne Square first floor Redecorating Project The following is a recap of the bids we have received to date for the redecorating project at Plymouth Towne Square. The scope of the project currently includes 1) New carpet for all areas on the first floor, including lobby area, central staircase, fireside room, offices, dining room, party room. in kitchen, and resident. hallways, but excluding the 3 enclosed stairways; 2) Painting of all walls that are currently painted using two colors; 3) Reupholster furniture in the above mentioned rooms; 4) Replacement of all wallpaper in dining room area and all wallpaper boarders. 1 CARPET The carpet considerations include using a cut pile patterned carpet for the lobby, fireside room, dining room, and main staircase and a mufti -color loop carpet for the. rest of the areas. The difference in price is between the two carpets is significant. Patterned carpet is approximately $21/sq. yd and themulticolor loop carpet is $9.50/sq. yd. We have not gotten precise measurements from the carpet manufacturer yet, as this decision will affect those mRasurements. Therefore, the carpet price is a best guess estimate based on prices from a recently completed job that GMI worked with the same manufacturer (Durkan, a division of Mohawk). This is another vendor that GMI can buy direct from and get dealer pricing. Carpet will cost approximately $15,315 (inclusive of tax & freight) if we use the patterned carpet as mentioned above. The cost would be $11,073 if we only used the tweed loop. There is a minimum order of 150 sq. yd. (the dining room is approx. 200, the lobby approx. 75, the fireside room approx. 60 and the stairs approx. 20.) for the patterned carpet. The $15,315 includes the dining room, if we didn't use patterned carpet in the dining room the price would be reduced to approx. $12,845. The installation cost is $13,833 as quoted by Interior Designer's Carpet Installation (our current contractor). We are still awaiting a quote from another source, but it is expected to be about the same. ACCREDITED MANAGEMENT ORGANIZATION® Spe"ied Management and Morkedrig 2 - PAINT We have a quote from Elegant Iron (our current contractor) for $3,825. This does notincludepaint, which is estimated to be about $200. We are still awaiting another bid. REUPHOLSTERY We have two quotes for reupholstering the furniture in the fireside room, dining room, party room, and lobby. We would order the fabric from CF Stinson. GraceManagement, Inc. can buy direct from them for 50% off MSRP. Most fabrics will cost 281yd or less. We are using Crypton®, which is virtually impenetrable by any liquid or stain. It is used in most senior housing communities for that reason. The first quote is from Commercial Furniture Services (it is a year old and would have tobeupdatedifwewentwiththem, but is vert close to what today'& prices are). ThesecondquoteisfromNelson's Upholstery. The two quotes vary in their estirrates for amount of fabric needed for each piece. $28yd for fabric was used with their respective estimates to determine the fabric pricing. The major differential in yardage is in the dining room chairs. Nelson quoted 2 yd each and CFS quoted 1.25 yd each. There are 80 chairs. Labor Fabric CFS: 518,032. $4,921 Nelson: $10,530 $7,042 Total 20,953 17,572 WALLPAPER We have two quotes for striping and re -hanging wallpaper in the dining room and wallpaper boarders. They, again, differ in amount of product. I have used their respective quotes to obtain the price of materials. The wallpaper will cost approx. 7.501yd and the boarder will cost $12.95 a 15 foot roll. Labor MatoTial Total Valek: $3,850 $2,131 $5,981 Mohs: $2,805 $1,840 $4,645 There is a large difference in the dining room material requirement. We will investigate to see if the party room was included in the Mohs bid. D We anticipate a discussion of the above at the HRA meeting to include selection of Jvendors, the carpet decision and approval of materials selections. We can then proceed with securing firm pricing on the materials selections and begin the process. J Ta MW BMW FMM DW LWIftd. YV.3 ,SOW Owl: t ON. e I ' BUILDING MAINTENANCE Dae Laal W4 owner (70)515-" 6550 Kilmer Way Maple Grove. MN 55369 l Plymouth Towne Square MUCIR A 2004 ftatirbg of common areas Mary Jo Grace Grace 6225 4M Avemem Inc. 2v° Mimeeapolis, XN 55422 Dear Ms. Grace. I am grateful for the opportunity to present ibis estimate for die painting of the first floor common areas at Plymouth Towne Square. Firstfloat: Original proposal: Hallways, lobby. nun room, fireplace room, party room dining roan pillars, and puule room 3425.00 Addition of administrative offices and repainting of window'5ames 400.00 a=s=. Total 3825.00 Time prices are for labor and materials for dw painting of the walls only and following conditions: Owner/mmagement will provide paint suitable foram coat application with low VOC. Owner/management will provide wallpaper border material. Owner/management will make areas ready for painting with furniture moved to center of rooms with 30" wide access to all walls. All walls are to be cleared of pictures, shelves, and odw hangings. T4 KKOWSOOM Fiam 00 LmMK 76343MM PW2ofZ Connector will: Re nmetepiace an switch and cadet cowers. Cow work areas with drop cloths and fimdnnp with plastic to prevent Remov c all matmals. drop cloths, covem tape. and Wash upon ompacbm. Access to the building is desired from a am to a pm. Noise peavied by do coultector will be kept at or below =mad m"ClIfid levels - I v&M to assure you of our holding ID to highest standards of professional service. We work bud to be considerate of do feWm*s who live at Plymouth Towne Square and we work bud to ensura your Cmplaft WhsfWm. please call me with any questions you may have. Sincerely. DoIaLwHard 0 1) n too* RALPH MOHS , ,,.. oyPLVMDLITKMNowl D Ca71.i 67J d;, r,5 o S. 6ry.4. 1$ Vp J suslw C. VaLBc PON 6124MM3 DINING RODM— 1340 SQ Fr. 5T 1P otp WAcL6COVErtll i PALM + PW WAUS SIU Whus VW** NEW WMA CVl>=r2 L* 150 V D5. WAI,1 A VEjk* MEMO 54" wlDE trM,l= 1a0WE L t.11! EL WftT4 2oRDIM IS NOON 7' Ww>; QIP oloD BORDEN xR b VJAUS PPRtAt + PRGP A'RE,t Sri* AREA NhNS M" Bo wa 70 RD1dS epMomL elfS '' I.O Q Pi4t1<9 I W-WDG MAL MAMM.5 P30CES64ORY TO COMPWMM PRoAr-T, MCCWgV97 CM OF WAUtRA%V- AND doRDER. sk)bMmty ey: 5wr- vkw- 442- 712- -1113 451-4.11- 7113 J yt` r Interior Designer's Carpet Installation auW'md vMO knstaOwoos floors, binding.awgft borders ana togas a 9' A-V 7" • % J-oi ff C%Of 3 7YA AA 0.4 /a0;- - 7X35 = N6: 5 Cly i A e • 6% T x An N I -orifi. R 0. Baa[ 8002 Hopkins. Mi SS343 • (8SZ) 956-7868 m I erio Designer's Cory et InstallafiionPty aqM and vW wood Moors. M.W. ss ong. borders dna logos 4' v n P. Q gm 5002 Hopkins, MN Ma • W2) 896'7868 il 5 Interior Designer's Carpet Installation ssoo JX77-W- d ffyy6-3Zso Z sae. Iq,(: 06 WYL 1 1575 706 3.. A &`- w - J'S.7d OJT .d&•,s 0.,.. 8.5 cJ•s ure C 610'`' -- dT• 960 eO-r- -O d / . P. 5002 HopMns, MN 55949 • (952) 996.7869 im"dor Designer's Cadet Installadon 4 oarpst and vW lnstia Ww, wood floors, binding, serging, borders and logos © Stay ss y6-3 so e it- 7r i All, g U W13, J J1 U J fI IC P. Q Box 5002 Hopkins, NN 55943 • (852) 996'7868 Proposal Client: Grace Management February. 13,20M 6225 42nd Avenue North Crystal, MN SSW Phone: 763.5449934 Contact: Jaft BoedWwbuw Fax: 763.5449858 We hereby submit wec#Icadow and ea mms for: Reuphalsteiy Fabric is Stinson Crypton Prints Pattern to be Selected. ft Deseriodeu Una Aiee rurt A:.w c) pfj. rL o/0 KT3 e4. - I f7• Page 1 of 3 Reuphobter knv seat: 7 10 hams of labor 0 $45.00/hour per love seat - $450.00 648.00 4,536.00 6 yards of fabric 0 S33.001yard per love seat = S 19890 f qac new peces O"'Dt. 576e. "140 3i- 6 Reaphobter band chair: 6.12 hams of labor Q $45.OMK= per barrel chair = 5292.50 441.00 2.646.00 4-12 yards of fabric 4i 533.00tyard per barrel chair = $148.50 4 neo) 1..147es d74+1 6 Reupbobter bench: 5-U2 haus of labor 0 $45.00f xw per beach a $247.50 379.50 2.277.00 4 yards of fabric Q $33.00/yard per beach = $132.00 r c) pfj. rL o/0 KT3 e4. - I f7• Page 1 of 3 I 7 8o hours of labor Q 545.o01hour per desk chair = $33.75 yards of (fabric for 2 chairs) dl S33.oWywd = $24.75 hours of labor 4f S45.Whour, per lounge chair = $405.00 yards of fabric 0 $33.00/yard per lounge chair = $198.00 a F kw f«re5 +91.L 415P8 tauphoister light oak didng chairs in the Solarium: hours of labor 0 $45.00Awur per dining chair = $180.00 yards of fabric Q $33.001yard per bench = $66.00 lift eupbobar not oak dining chairs. horns of labor fd S45.OQ&m per dining chair = $135-W 114 yards of fabric Q $33.00ryord per bench = $41.25 yl I,t,> f.o,.: # ifa " -Si5,^60 55 603.00 58.50 4,221.00 129:- 5246.00 I 51.968.00 176.25 $14.100.00 C L) r t q.) Page 2 o13 W Note: Sales tax, delivery and installation not included ACCEPTANCE OF PROPOSAL 50% deposit is due upfront at time of order Acceptance of this proposal is subject to completion of a credit application, and our subsequent review and approval of that credit application by our credit department for rite amount of credit desired At our discretion, we may require a security agreement and/or a personal guaranty to complete this proposal. SEE ATTACHED UST OF PARAMETERS. Signature is required on both the furniture proposal and attached parameters. CFSICFB does not of Jer any wa andes, egness or implied However, we represent manst acturers who do have their own warranties on spec(rkproducts. Aare Demdor8 CFB AWmuemdve Date of Propoid Serviece dWW 2% per month on inw kvs am paid accordial to terns. i Groh Mamas-ww. Rep—enwd- Date ofAcceptance Page 3 of 3 Reupholster Thond light oak side chairs: 19 2-112 bows of labor Q $45.0Whour per Thorel chair = $112.50 162.00 2.916.00 1-112 yards of fabric Q S33.OWyard per'Ihonet chair = $49.50 F. TOTAL REUPHOLSI'ERY: M722.90 Cost for materials ands lies: 2% of total labor ($522.75) 10.46 NOTE: Crypwn fabric pricing is based on an alhm=ce of $33.001yard. Coat to pick up and deliver will be determined when number of trips and 16 oy 2' quantities to be picked up per trip are determined. TOTAL ESTBUTED PROJECT COST` 532,732M Note: Sales tax, delivery and installation not included ACCEPTANCE OF PROPOSAL 50% deposit is due upfront at time of order Acceptance of this proposal is subject to completion of a credit application, and our subsequent review and approval of that credit application by our credit department for rite amount of credit desired At our discretion, we may require a security agreement and/or a personal guaranty to complete this proposal. SEE ATTACHED UST OF PARAMETERS. Signature is required on both the furniture proposal and attached parameters. CFSICFB does not of Jer any wa andes, egness or implied However, we represent manst acturers who do have their own warranties on spec(rkproducts. Aare Demdor8 CFB AWmuemdve Date of Propoid Serviece dWW 2% per month on inw kvs am paid accordial to terns. i Groh Mamas-ww. Rep—enwd- Date ofAcceptance Page 3 of 3 Page 1 of 2 KaMy Boesen From: TJndy & Tw 4dnelsonf W.neU To: 4donereftnetooea, ent Thursday, Apra 01, 2000 8:33 AM Subject FW: Nelson% Upholstery esltrnete Hi Kathy here -is the estimate for the furniture on the first floor. please call if you have any questions. Dinning room chairs. The chars appear to be in excellent shape. Pull over style seat, outside back of chair must be put on from the inside back first. With a single welt trim. Wrap all chairs in Dacron, to make softer. Need two yards for each choir.. .z -V Labor. $70.00 per chair. 80 choirs. Three benches, two in hallway, one in sitting room. Roll arm, no back Wrap all in Dacron. Need three and a half yards for each bench. 14i Labor $200.00 each bench. Three benches Four large chairs, two on each side of stairs. Sent cushion. box type. Roll arm pull over bock. Wrap all in Dacron. Very good condition. ` Need six and one half yards each. Labor $375.00 each. Twelve chairs in kitchen. Wooden frame choir. Inside back and sent, top seam. 1 '' ra Chairs are in good shape. Wrap all in Dacron. r;:, - = c•r Need two yards each chair. Labor $100.00 each chair. Two sofa's in sitting room. Wooden base. Two seat cushions seamed together. Top sears inside back. Sofas are in good shape. Wrap in Dacron. r• Need nine yards each sofa. " 04/02/2004 Page 2 of 2 t Labor $450.00 each Two chairs in sitting room, match the sofa style. o ._•.,,, 4 Chairs are in good condition. Wrap all in Dacron.. Need six yards each, t< I ; ; f Labor $350.00 each. One desk chair in sitting room Law One yard A? t u> Labor $30.00 Tim Nelson Nelson's Upholstery 16230 Bataan st NE Ham Lake Mn, 55304 763-434-8448 1 04/OV2004 3o. DATE: March 31, 2004 for Housing and Redevelopment Authority Meeting of April 15. 2004 TO: Pl o/uthh Housing and Redevelopment Authority r µFROM: tafn6s, Housing Program Manager and Anne Hurluctb , Executive Director SUBJECT:. Transfer a Portion of Plymouth Towne Square Operating Reserves to The HRA General Fund Reserve Account BACKGROUND We have three reserve accounts for Plymouth Towne Square (PTS): Operating, Repair & Replacement, and Debt Service. On a monthly basis, our finance department and Grace Management add to these accounts from the income received from the property in order to meet future needs of the facility. As part of the 2004 Plymouth Towne Square (PTS) budget process, Grace Management conducted an faluation of the PTS reserve accounts to ensure they were adequately funded to meet the needs of the property as it ages. Through the analysis, it was determined that the Repair & Replacement Reserve account was under funded by 593,401. At the November meeting the Board approved the transfer of $93,401 from the Operating reserve account to the Repair & Replacement reserve account. The other two reserve accounts ( Operating & Debt Service) were over funded or adequately funded respectively. DISCUSSION As of December 31, 2003, the Operating reserve account had a balance of 5947,282. The City's finance department recommends we maintain a balance of 5200,000 in this account to erase we have enough funds for unexpected occurnwom Staff is recommending a transfer of $700,000 to the HRA's General Fund reserve account. By making this transfer the HRA will have more flexibility in using these funds for new housing projects or other things that mat the objectives of the HRA. If the need arises for additional funds in the PTS Operating or Repair and Replacement reserves, we could transfer funds back to the PTS account. RECOMMENDATION Staff recommends that the Plymouth Housing and Redevelopment Authority Board of Commissioners approve a transfer of $700,000 from the Plymouth Towne Square Operating reserve account to the HRA General Fond reserve accouat. ATTACHMENTS 1. Draft Resolution QY06SR IQA{f MIAIIOA1770a7te6dfRA sa HRA RESOLUTION 2004-06 TRANSFERRING FUNDS FROM THE PLYMOUTH TOWNE SQUARE OPERATING RESERVES TO THE KRAIS GENERAL FUND WHEREAS, Plymouth Towne Square maintains reserve accounts separate from the HRH's General reserve accounts; and WHEREAS, Staff, in consultation with the City's finance depar omen, has determined that there is an excess of funds in the Operating reserve account;. and WHEREAS, the Plymouth HRA Board of Commissioners reviewed the recom endati n 5staff to transfer $7o0,000 from the Plymouth Towne Square Operating HRA General Fund reserve. NOW, THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF PLYMOUTH, alffVNESOTA,. that 5700,000 be transferred from the Plymouth Towne Square Operating reserve account to the HRH's General fund reserve account. by the Plymouth Housing and Redevelopment Authority on April 1.5, 2004. 3C. 0 MEMO CITY OF PLYMOUTH 3400 PLYMOUTH BOULEVARD, PLYMOUTH, MN 55447 DATE: March 31, 2004 for Housing and Redevelopment Authority Meeting of April 15, 2004 TO: Plymouth Housing and Redevelopment AuthorityFROM: Jy Housing Program Manager and Anne Hair hurt, Executive Director SUBJECT: Provide Financial Assistance to Preserve the Project -Based Section 8 Program at Willow Creels North & South Apartments BACKGROUND Bigos-Willow Creek, LLC, owner of Willow Creek North and South Apartments has informed the City of Plymouth that it intends to terminate the Section 8 contract with the Department of Housing and Urban Development (HUD) that currently provides project -based assistance. Project -based assistance provides a rent subsidy, based on the tenant's income as long as the tenant remains in the apartment complex. The Willow Creek project -based assistance consists of two contracts - one for 24 one -bedroom and two-bedroom apartments in the Willow Creek South building and 24 two-bedroom apartments in the Willow Creek North building. The Willow Creek South contract will expire June 27, 2004 and the Willow Creek North contract will expire December 31, 2004. City staff has been working with the Minnesota Housing Finance Agency (IV WA) and HUD regarding the owner's intent not to renew the contracts for these buildings. We have been approaching this issue on two tracks. Staff along with MHFA has been discussing possible financial assistance to the owner that in return would result in these properties remaining in the Project -Based Section 8 program. We have also been working with HUD staff in preparing an application to HUD Washington for "enhanced vouchers" for Housing Conversion Actions. At this point we have been approved for the "enhanced vouchers" and HUD will offer voucher fimding on a one-for-one replacement basis to make up fir the loss of the affordable housing units in the community. The Owner, Ted Bigos, has also indicated that he would require 1 million dollars in the form of an equity loan to remain in the Project -Based program. DISCUSSION Staff has reviewed both options to determine which is the tient way to proceed with thepreservationofthe48affordableunits. The following provides key information for each scenario. Lno #i Accent the " n—haMd Vouchers" If the HRA decided to allow the project -Based contract between HUD and Willow Creek North South expire, we would offer the current residents the enhanced vouchers if they met the criteria By accepting the enhanced vouchers the federal government would provide monthlyassistanceastheydowithourtraditionalvouchers. These enhanced vouchers are similar to thetraditionalvouchers, however they do vary slightly. The amount of assistance is determined differently and then is the potential for the residents receiving assistance to pay a larger amountonamonthlybasisthantheycurrentlyarePaying. The way then vouchers are structured, HMwillonlyguaranteefundingforaPeriodofoneyear. After that year the assistaece is subject to whether the federal government continues funding for the enhanced voucher program. We would receive administration fees equal to what we receive for the traditional vouchers. However, the federal government is experiencing a budget crews and there is a lot of discussionabouthousingprogramsingeneralandParticularlytheSection8program. It is highly likely thatadministrativefeesfortheSection8programswillbereducedinthenearfuture, forcing the HRA to use its reserves to cover the short fall, which would be greater if we decide to take theadditional48enhancedvouchers. Below is a list of advantages and disadvantages for scenario A. Scenario #1 Advantages No financial assistance require from the HRA Receive a 1 -time payment of 5250 per unit to cover set -11P costs Seenarlo #1 Disadvantages Uncertainty of continued federal funding for assistance Uncertainty of continued administrative finding for operations Requires additional staff time. Tenants may move out of Plymouth eCenarro #2 provide finandal anistance to areserve theieM-A_sed ion 8 VMgMM As stated above, the owner would require an equity loan(s) totaling 1 million dollars to .remain in the program. At this point, KMA is offering to provide $ 50,000 and has requested that the HRA provide x250,000. These loans would be structured as 0% loans that would be due and payable when the owner ceases to participate in the Project -Based program. The new contractwouldbefor5yearswiththeabilityforrenewalevery5years. This scenario requires the HRA to use its reserves and ties up these funds for a minimum of )--ars- The MRA's contribution of $250,000 would equal a per-unit subsidy of c5,208, which is very modest in coma ponson to assistance provided to many other preservation and new construction projects the HRA has been.involved with recently. For instance, the HRA and City's assistance for the Stone Creek Village project equaled 511,128 per unit when you apply a 5 -year affordability requirement to equal the Willow Creek tam. The following list provides the advantages and disadvantages for scenario #2. Scenario #2 Advantages: No HRA staff time needed for administration Guarantee units will remain affordable for 5 years No potential impact on the t9Ws administrative budget if HUD fimding :s reduced Units most remain in Plymouth Scenario 02 Disadvantage: Requires financial contribution from the HRA RECOMENDATION Staff recommends that the Plymouth Housing and Redevelopment Authority Board of Commissioners approve on equity loan in the amount of $250,000 to Bigaa-Willow Creek LLC, for the preservation of 48 ProjectBased Section 8 units. ATTACHMMM 1. Location Map o autm a trNnvuoawoa•ao.oarca:o.4 saAn 3 Location Map Preservation of Affordable Rental Units Willow Creek North and Willow Creek South 135 and 235 Nathan Lane North City of E Plymouth, Minnesota Land Use Guide Plan C. Commercial CC, City Center CO. Commercial Office IP, Planned Industrial LA -1, Living Area 1 LA -2, Living Area 2 0 LA -3, Living Area 3 LM LA -4, Living Area 4 LAR, Living Area- Rural P -I, Public/Semi-Public) 500 0 500 1000 1500 Feet 3a• o, _- •.. :NEMA _: ... ,. - CITY ORPLYMODTH a 3400 PLYMOUTH'BOULEVARD; PI YKgtM ,.MN 55447 DATE: April 6, 2004 for Housing and Redevelopment Authority Meeting of April 15,:2004 TO: P1 o Housing and Redevelopment Authority FROM: 1 es, Housing Program Manager and Anne. iiuritiurt, Executive Director SUBJECT: Discuss Potential Senior Apartment Project BACKGROUND CSM Corporation has been wonting with the City for the past year to redevelop the Dana Spicer building at the northwest comer o; Vicksburg Lane and Highway 55. This potential redevelopment would involve a change to the City's Comprehensive Plan, changing the land use designation from industrial to commercial. In 2003,.CSM submitted an application to the City for this change. Their plan included demolishing the existing Dana Spicer building and creating a retail center that consisted of one large -box retailer Lowe's Home Improvement), two -three medium -box retailers (to be determined) and a few smaller pads for uses such as restaurants, banks, and a drug store. Throughout CSM's discussions with the City Council and staff, the idea of adding some type of housing on this site was considered. However, the negotiated purchase price CSM had with the Dana Spicer -Corp. made this highly ; :r•asible because of the difference in market prices for housing and retail land. This proposed tele ::opment was highly controversial and many residents spoke against the proposed changes. The Council was also divided. on this project and ultimately denied the request to change the property from industrial to commercial. Since then, CSM has been working on revising their plans and has held many discussions with the Council, staff and residents. As a result of these meetings and the previous denial, CSM has been able to negotiate a hewer purchase price ham Dana Spicer, which has allowed them to consider setting aside a portion of the site for housing. Their current plan has designated 5 acres on. the southeastern corner to be set aside for for -sale townhomes or a day care center. One of the main reasons to include housing in the project is that it would provide a buffer from the new commercial devdopment and the existing residential arca to the South. However, staff has concerns that a townhome style development may not provide the best buffer and there would be conflicts between the townhomes and commercial development. An apartment style development would be more appropriate for this site. The Planning staff is currently reviewing CSM most recent submission We anticipates planning Commission will hear the Reguiding =4 Sketch Plan review for this project on May P and by the Council as soon s May 2P. If the Council approves the re&d'n& CSM would then be able to begin the process of submitting the PUD plan and application for a preliminary plat. DISCUSSION One of the MWs main goals over the past year has been to identify potential sites for thedevelopmentofaffordablehousing. Stats has identified a number of potential sites, but has not been able to move forward for various reasons. The primary mason has been the price of land. Through informal discussions staff has been evaluating the idea of the HRA developing and owning asecondseniorapartmentfacility. Staff feels this site may provide an opportunity for the HRA to seriously consider for the following reasons: 1. Ting is right with the proposed CSM development 2. The HRA has expressed interest in senior housing recently 3. The land costs may be reasonable 4, hMsed races are extremely low S. Additional financial tools e available with this particular projectar 6. Seniors tend to like being around areas with high levels of activity and complimentary amenities In brainstorming about a potential project staff envisions building a senior apartment facility thatwouldbehalfthesizeofPlymouthTowneSquare (PTS) on approximately 2.S acres. The buildingwouldbemostly1- bedroom units with a possibility of a few two•bedmoms units. One -bedroom units are less expeffiive to develop and require less subsidy. We also believe there is an over abundance etwobedroomunitsaPTS. PTS has not opened the one -bedroom waiting list since the openingbuilding, We currently have 38 persons on our 14xdroom waiting list and 24 couples. 1', order toreducedevelopmentandoperatingcosts stab' would look at reducing some amenities and potentiallynotofferingundergroundheatedpad°ng. However, we would still develop ami construct a facilitythattheHRAandCitywouldbeproudofandstillprovideanicecomfortablehomefortheresidents. FINACIAL IMPACT' Staff hag conducted some initial research into the costs of constructing a SO -unit senior facility. The Dakota County CDA has been building an average of two building per year for the past couple ofyears. The costs on their most current projects have been around $83,000/unit or $4,100,000 for a SO - unit project. These costs do not include land acquisition The overall cost is very similar to the cost of developing PTS ten years ago. The HRA is currently providing approximately S275,000 annually to subsidize PTS. Vwe take thebasicasatimPtionthatthenewfacilitywouldbehalfthesizeofPTS, we could assume the subsidywouldbehalfasmuch, around SIM000. We could potential have additional savings by utilizing some of the current staff at PTS to assist with the new project. This would greatly reduce our operating emp 1 ow then they wereToday's bond markets are extremely attractive. In fact, the current ratesare 1 wer would have accesswhenwerefundedthePTSbonds. Additional if the CSM Projectgoes forward IA to Tax Increnum Financing that would be able to reduce the HRA's direct subsidy, thereby reducing 1 the HRA levy increase that would be need to assist with operating the facility. NEXT' STEPS n 1 r1 11 1) If the MA is interested in pursuing this project, staffwill begin working with CSM and developing a more formal concept inclading.a.financing plan and sketch plan. RECOMMENDATION Staff recommends that the:nth Homing and Redevelopment Authority Board of Commissioners discuss the concept of developimga new senior apartment building and provide ataff with direction.. AITACHMENU 1. Location Map 2. Site Plan. nfAMMOD mar IM9MAsen 3 lam d` FEMW 'A Location Map - 2004024 CSM Corporation Dana SpicerRedevelopment Shops At Plymuth Creek 15905 State Highway 55 Request for a Land Use Guide Plan Amendmr+nt and PUD Sketch Plan N 4F K+E City of s Land Use Guide Plan C. Commercial IM CC, City Center CO. Commercial Office IP, Planned Industrial LA -1, Living Area 1 LA -2, Living Area 2 LA -3, Living Area 3 LA -4, Living Area 4 LAR, Living Area- Rural P -I, Public/Semi-Public/Institutional Plymouth, Minnesota 400 0 400 800 1200 Feet 9 . i 1 1 1 1 1 1 a lil F` t I 69 r, I t all 1 1 1 I`E a r r r s•• 1 11 I tll4 t 1 1 1 1 1 1 1 a lil F` t I 69 r, I t all 1 1 1 I`E 1 11 I tll4 t 1 1