HomeMy WebLinkAboutHousing & Redevelopment Authority Packet 10-21-2004STAFF REPORTS
CITY OF PLYMOUTH HRA
MEETING OF OCTOBER 21, 2004
14
AGENDA
PLYMOUTH HOUSING AND REDEVELOPMENT AUTHORITY
THURSDAY, OCTOBER 21, 2004 - 7:00 p.m.
WHERE: Medicine Lake Room
City of Plymouth
3400 Plymouth Boulevard
Plymouth, MN 55447
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 October 5, 2004 HRA Minutes
B. Plymouth Towne Square. Accept Monthly Housing Reports.
C. Update on Letter to Congressman Ramstad.
3. NEW BUSINESS
A. Review Tax Increment Redevelopment District Plan for CSM for the Shops at
Plymouth Creek.
B. Hammer Residence - Request for funding assistance.
4. ADJOURNMENT
Ft
MEMORANDUM
To: Anne Hurlburt & Jim Samos
From: Kathy Soosen, Managing Director l"rymouth Towne Square
Date: October 14, 2004
RE: PTS Monthly Report for September 2004
October Newsletter and October Calendar attached
August finandal statementattached
OccupancylMarketing
September Move Outs/lns
112 (two-bedroom) moved to a one -bedroom (225) the end of September.
Sentember Vacant. Un -leased Apartments .
None
September Vacant. Leased Apartments
J ,
112 (two-bedroom) is leased to our Part-time Caretakers who will move -in
November. They will continue to fulfill their position until a replacement is
found.
September Notice to Vacate Apartment
None
Administrative .
Re -Verification for mr.dents continue on a monthly basis. They are
completed according to their move -in anniversary. PTS has been.in the
throws of redecorating and preparations for the I& anniversaryparty. See
other sections for more detail.
Plant Operations
Carpet and kitchen vinyl were -laid in apartment 225..
Ali garage stalls are rented except for one that is too small for any of the
resident's cars.
A special technician from Owens Company was here on September 80 to do the
hea*q start-up/ coding shutdown. While here they replaced the shaft and
Installed a bearing on the 3'd floor middle AC unit. They also checked the 2nd
floor Activities Room for a musty smell. The outcomewas that the AC unit for
that room is too large. A'Hot Gas By Pass" was suggested as a fixto the
problem. Cost is not established yet.
Allstar Construction found where the leak in apartment 316 was coming. in and
replace a 6foot ware of roofing above this apadmer.
AN palinOng in the building is finished except for touch-ups and all outside doors
of the building. The furniture arrived on the 8d' and was unrated and put into
place by Jody and staff. The old furniture was moved to diflarent areas of the
building where it will be used. The remainder was sold 'silent auction' style. We
received nearly $1.000 from the sale. The carpet arrived on the 20 and was
started on the 271h of September. The upholster picked up the last group of
chairs to be upholstered. All dining room and party room chairs are finished.
Jody and Kathy have purchased several new pictures and arrangements for the
building.
Residerht Services
The foot care nurse comes to PTS the first Tuesday of every month.
Special Music by Betty Rydell was on the 71h.
The GetTogether for September was a Pig. Roast put on by several of the.
residers. About 80 tickets were sold.
Resider Meeting was held on September 23'd. The residents voted to put up
another picture hanging rail on the wall to hang additional puzzles in the puzzle
room.
Blood pressure check was on the 251h along with the first Pancake Breakfast for
the fall.
Financial
There is nothing remarkable or noteworthy about which to comment. i
PLYMOUTH TOWNE SQUARE
BALANCE SHEET
r
AUGUST 31, 2004
SETS:
CURRENT OSSETS
V
PETTY CASH 500
ChtCKING — OPERATIONS 105,128
SAVINGS—SECURITY DEPOSIT 36,444
A/R — TENANTS 7,585
INTEREST RECEIVABLE 13,180
PREPAID WORKERS COMP 2,748
PREPAID PROPERTY INSURANCE 4,350
PREPAIDS — OTHER 430
TOTAL CURRENT ASSETS 170,365
FIXED ASSETS
LAND 459,247
LAND IMPROVEMENTS 75,323
BUILDINGS 5,682,148
BUILDING IMPROVEMENTS 25,500
FURNITURE & EQUIP—GENERAL 209,493
FURNITURE & EQUIP—HSKPG 5,043
EAUIPMENT—COMPUTER' 7:659
ACCUMULATED DEPRECIATION:
A/D FURN & EQUIP—GENERAL 1,.651,007)
TOTAL FIXED ASSETS 4,813,406
NON—CURRENT ASSETS
INVESTMENTS—WOCKING CAPITL 2230,494
INVESTMENTS—CAFiTAL IMPRV 343,563
INVESTMENTS—NEW'DEST SERV 256,911
DEFERRED CHG—BOND DISCOUNT 49,085
DEFERRED CHG—BOND.ISS COST 35,507
DEFERRED CHG—ORIG TSS COST 27,730
ACCUM AMORTZ--ORGANIZ COST 3,721)
NON—CURRENT ASSETS 39,569
TOT'AI OSSETS 5s923,340
J
PLYMOUTH TOWNE SQUARE
BALANCE SHEET
AUGUST 31, 2004
L_IABILITIESe
CURRENT LIABILITIES
ACCOUNTS PAYABLE TRADE 20,551
ACCRUED INTEREST 71,605
401K WITHHOLDING PAYABLE 135
ACCRUED REAL ESTATE TAX 18,048
ACCRUED MISCELLANEOUS 1,220
ACCRUED SALARIES/WAGES 2,312
TENANT SECURITY DEPOSITS 35,613
TOTAL CURRENT LIABLITIES
LONG TERM LIABILITIES
BONDS PAYABLE 4,750,000
TOTAL LONG TERM LIABILITIES 4..750,000
TOTAL LIABLITIES
149,484
4,899,484
EQUITY:
CONTRIBUTED CAPITAL 1,06?,000
RETAINED EARNINGS 66.'5,538
TOTAL_ EQUITY 1,665,538
CURRENT YEAR INCOME: (LOSS) (641,682)
TOTAL LIABILITES & EQUITY 5,923,340
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AVRAM MENDYUK 2
ELEANOR NAPOLITAN 6
LLEANOR BOL 7
BARBARABUCHHOLZ 8
BERNARD EYLER 12
LEONA PETERSON 16
ELAINE LEONARD 17
MARY WILSON 18
KEN KARLSON 20
CAROL LOGAN 21
ELMER RITTER 23
BHIRLEY SKAY 23
NANCY BAT DINGER 26
DORRIS WHYTE 26
EVA TRACY 27
BILL LEACH 29
rca .1e,ff."ivivcssga
Don't forget to pick up gour complimentarg dinner tickets.
key are available on October i, 4 Mild 5.
D
We are unable to Hive out tickets after October 5 because we
have to confine final figures ivitlf file caterers.
i
moi.•(,,,. •,'
NAILOffEN PARTY
ter- Wei .29TH
f:00 P.M.
ININTA/NMSNT -
JIM SHANNON
DONT IOROFT TSO Mit A COSI UME!
Upper Room" Study.
Every Monday at 2:50 p.m.
Beginning October Wh
In the Activities Room
Join us to build friendships as together we seek
Inspiration and share encouragement.
Each person will be given "The Upper Room" daily
devotional book. We'll talk about what these readings
have meant to us and also share prayer requests.'
J Questions - call Lois Brant (404-9966)
JUST A REMINDER!
i The On -Call Caretaker for the weekend is listed on the
board by the office. If you have an emergency and
need- assistance, call that caretaker.
If you put food items in the PTS freezer in the kitchen
party room, please have your name and the date on it.
Those of you who grill outside and carry food back to
your apartments be very careful about spills on our new
carpet. The elevator carpets have taken a beating from
food spills on it.
North Memorial will be here again in October or
November to give Flu Shots to those of you who wish to.-)
have one. There will be a sign up on the bulletin board. ,
The office will be closed October 1.8-22 as Kathy will be
on vacation.
BIBLE STUDY
Wednesday morning Bible Study is held in the Activities
Room at 10:00 a.m. They will be showing the movie the
Passion" on October 2& and
27th. Everyone is welcome!
WR
C
MEET ONE OF OUR NEW RESIDENTS,
JANET ELLINGSON
I was born in Bemidji, MN. My three sisters and I were constant
companions until I moved to Minneapolis with my husband. Our
home was in Maple Plain and our five children, three boys and two
girls, were raised there. Seven grandchildren have rounded out our
lives and they sail make life beautiful. All of them live here.
I'd love to be on a farm up north, but as long as family and friends
are here, I will be too.
Over.. the years I've worked. at Control Data and The Hanson House
doing_payroll and insurance.. I alsc worked at a treatment center
for Viet"Nam Veterans.
D -
I love horses, reading, writing, walking and even now, taking
classes.
DAYLIGHT -SAVINGS TIME ENDS AT 2:00 A.M. ON SUNDAY
OCTOBER 318t.
TURN YOU CLOCKS BACK ONE HOUR.
1C, .20October
Stunn Mon Tue Wed Thu Fri Sat
k
18:30 am Tsi Chi 2
4:00 pm Poker
5:00 pm Hand & Foot
6:00 pm S00 Cards
3. 4 8:30 am Tai Chi S IIAPPY FEET 6 7 8 8:30 am Tai Chi 9
2:30 pm Upper Room 9:00 am Dial -a -Ride 8:30 am Tai Chi 9:30 Resident Coffee 4:00 pm Poker
9:00 Church Service 7:00 PAL Dingo 9:30 am Men's Coffee 10:00 Bible Study SAO pm Hand & Foot
5;00 1m Cards 7:00 p.m. Dingo 6.'00 pm S00 Cards
10 11 8:30 am Toi Chi 12 13 8:30 am Tai Chi 14 15 8:30 am Tai Chi 16
2:30 Pm Upper Room 9:00 am Dial -a -Ride 10:00 Bible Study 9:30 Resident Coffee 4:00 pm Poker
9:00 Church Service 3:00 Schwan's 9:30 am Men's Coffee 6:00ILm. ANNIVER- 5:00 pm Hand & Foot
7:00 a.m. DioRo 5:00 Pm Cards SARY DINNER 7:011 p.m. Dingo 6:00 pm S00 Cards
Calembrs Day
17 18 19 20 21 22 8:30 am Tai Chi 23 8:30 PANCAKE
8:30 am Tai Chi 9:00 am Dial -a -Ride 8:30 am Tai Chi 9:30 Resident Coffee 4:00 pm Poker BREAKFAST
9:00 Church Service 2:30 Pm Upper Room 9:30 am Men's Coffee 10:00 Bible Study 5:00 pm (land & Foot 9:30 A.M.
7:00 pm. Dingo 5:00 pm Cads 7:00 p.m. Dingo 6:00 pm S00 Cards BLOOD PRPSS.
24 23 8:30 am Tai Chi 26 27 28 No Res. Coffee 29 8:30 am Tsi Chi 30
2:30 pm Upper Room 9:00 am Dial -a -Ride 8:30 am Tai Chi 1:00 RESIDENT 1:00IIogowermPorq
9:00 Church Service 3:00 Schwan's 9:30 am Men's Coffee 10:00 Bible Study MEETING 4:00 pm Poker
7:00 p.m. Dingo 5:00 pm Cards 7:00 p.m. Dingo 5:00 pm Hand & Foot
00ponswcards
31
9:00 Church Service
Daylkbi SoNng
Time Eads
k
Agenda Number:
rLy"' YM. $OVS 11 ' AND
REREVEL-PMF 1T AU"01QW ,
DATE: October 13, 2004 for Housing and Redevelopment Authority Meeting of
October 21, 2004
TO:
MIB-Zes, Housing and Redevelopment Authority
FROM: Housing Manager through XbVuiltbutt, Executive Director
SUBJECT: CSM Investors 11, Inc. — Review Tax Increment Financing Plan and the
Redevelopment Plan for the Shops at Plymouth Creek.
BACKGROUND:
At the October S. 2004 Special meeting, the Plymouth Housing and Redevelopment Authority
Board' approved moving forward with the establishment of a Tax Increment Financing
Redevelopment) District for the Shops at Plymouth Creek. The Board directed staff to have
Springsted Inc. draft a Tax Increment Financing (TIF) Plan and Redevelopment Plan for the
HRA to adopt. (attached). The HRA Board also recommended that the City Council call for a
Public Hearing on November 23, 2004 as required by Statute to establish a TIF district, which
the Council did on October 12, 2004.
DISCUSSION:
The Redevelopment Plan (attachment I) provides the basis for the Public Purpose and need for
redevelopment as well as defining the objectives of the Housing and Redevelopment. Authority
for the proposed project area. The Redevelopment Plan also provides background information
from the HRA Act that provides the authority to the HRA to cant' out certain activities.
The geographical area (Project Area) for Redevelopment Plans can vary. They can include cn
area that is larger than the TIF District or the Project Area and the TIF District can be the same.
In this case we will be creating a Project Area that will cover a majority of the City. We are
doing this for a couple of reasons. First, by creating a larger Redevelopment Project Area up
front, the HRA will reduce the amount of work needed for future HRA established TIF districts.
Secondly, we will be able to use the income generated from the TIF district in a greater area of
the City.
The Tax Increment Financing Plan (attachment 2) establishes the boundaries of the TIF district,
Jthe expenditures and financing limitation, and starts the process for collection of tax increment
revenue by the City.
As the TEF Plan indicates, the estimated public costs of the TIF district total $4,568,000. These
costs include road improvements, land acquisition, bond payments, capitalized interest,
administrative expenses, and a contribution to the City's Tax Increment Housing Assistance
Program. The estimated sources of revenues for the above mentioned costs will be derived from
the tax increment revenue, bond proceeds and interest earnings. (see Section K & L of
attachment 2).
NEXT STEPS:
After the HRA adopts the Redevelopment Plan and the Tax Increment Financing Plan, staff will
bring forward both Plans to the City Council for final approval at a public hearing to be held on
November 23, 2004.
RECOMMENDATION:
StatT recommends that the Plymouth Housing and Redevelopment Board of Commissioners
adopt the attached resolution for the Project Plan for Redevelopment Project Area Number 1 and
the Tax Increment Financing Plan for Tax Increment.Financing (Redevelopment) District 1-1.
ATTACHMENTS:
1. Plymouth Housing and Redevelopment Authority Redevelopment Plan for Redevelopment
Project Area No. 1.
2. Tax Increment. Financing Plan for Tax Increment Financing (Redevelopment) District 1-1.
3. Drain Resolution
Plymouth Housing & Redevelopment
Authority, Minnesota
Redevelopment Plan
for
Redevelopment Project Area No.1
XM
L
Dated: October 12, 2004 (DRAFT)
Approved:
IN
Prepared by:
SPRINGSTED WCORPORATED
85 E Seventh Place, Suft 100
St. Paul, MN 55101-2887
651)) Z2S-1000
WWW.=OGOSTED COM
F7,71-77
A
B
C
0
E
F
G
H
K
L
M
TABLE OF CONTENTS
Pacefs
Defuritiona.............................................................................................
Statutory Authorization .......................................................................... I
Statement of Need and. Public Purpose ................................................ 2.
Statement of Objectives ........................................................................ 2
Boundaries of the Project Area ............................................................. 3
Property Acquisition .............................................................................. 3
Paymentof PuWic Costs ................................................... i ................... 3
Environrnents'. Controls; Land Use Regulations .................................... 3
Park and open Space to be Craved ..................................................... 3
Property Acquisition and Proposed Rouse ........................................... 3
Administration and Maintenance .......................................................... 4
Relocation...............................................................................................
Amendments......................................................................................... 4
Lisp of the Project Area ......................................................................................... EXHIBIT I
4
ID
A
Plymouth Housing & Redetrelopment Authority, Minnesota:
J Section A Definitions
The terms aefined in this section have the meanings given herein, unless the context in which
they are used indicates a different meaning:
Authority' means the Plymouth Housing & Redevelopment Authority.
means the City of Plymouth. Minnesota, a municipal corporation and political subdivision
of the State of Minnesota.
Mb Coundr means the City Council of the City.
Counter' means Hennepin County. Minnesota.
Governina Body' means the Board of Commissioners of the Authority.
HRA means the Minnesota Municipal Housing and Redevelopment Act, Minnesota
Statutes, Sections 469.001 through 469.047, both inclusive.
Land Use Regulations' means all federal, state and local laws, rules, regulations, ordinances
and plans relating to or governing the use or development of land in the Project Area, including
but not limited to environmental, platting, zoning and building code laws, regulations and
ordinances.
Proles Area' means the geographic area of Redevelopment Project Area No. 1.
OD '
Public Costs' means the costs of land acquisition, public and site improvements, repayment of
debt service on tax increment bonds, and other eligible costs as set forth in the
Redevelopment Plan and Tax Increment Financing Plan(s).
Radmiooment Planmeans the Redevelopment Plan for the Project Area.
State• means the State of Minnesota.
nF means Minnesota Statutes, Sections 469.174 through 469.1799, both inclusive.
TIF District' means any tax increment financing district presently established or to be
established in the future in the Project Area.
TIF Plan' means the respective tax increment financing plan for each TIF district located
within the Project Area.
Section B Statutory Authorisation
The HRA Act authorizes the Authority to exercise all the powers relating to a housing and
redevelopment authority granted under Minnesota Statutes. Sections 469.001 to 469.047, or
other law.
It Is the intention of the Governing Body, notwithstanding the enumeration of specific goals and
objectives in the Redevelopment Plan, that the Authority shall have and enjoy with respect to
the Project Area the full range of powers and duties conferred upon the Authority pursuant to
the HRA Act, the TIF Act, municipal housing and redevelopment authority laws, and such other
legal authority as the Authority may have or enjoy from time to time.
SPRINGSTED Page 1
Plymouth Housing & Redevelopment Authority. Minnesota
Section C Statement of Need and Public Purpose
The Authority finds that there is a need for development within the City and the Project Area in
order to provide employment and housing opportunities, to improve the local tax base, and to
Improve the general economy of the City and the State. The economic security of the people
in the City depends upon proper development of propdrty that meets any one of a number of
conditions, including properties whose values are too low to pay for the public services
required or rendered and properties whose lack of use or improper use has resulted in
stagnant or unproductive land that could otherwise contribute to the public health, safety, and
welfare:
The Authority finds that in many cases such property cannot be developed without public
participation and assistance in various fors including property acquisition and/or write-down,
proper planning, the financing of development costs associated with clearance, grading and
soils correction. and the making of various other public and private improvements necessary
for development. In cases where the development of property cannot be done by private
enterprise alone, the Authority believes it to be in the public interest to consider the exercise of
its powers, to advance and spend public money, and to provide the means and impetus for
such development.
The Authority finds that in certain cases property within the Project Area would or may not be
availablefor development without the specific financial aid to be sought, that the
Redevelopment Plan will afford maximum opportunity, consistent with the needs of the City as
a whole, for the development of the Project Area by private enterprise, and that the
Redevelopment Plan conforms to the general plan for the development of the City as a whole.
Section D Statement of Objectives
The Authority seeks to achieve one or more of the following objectives with respect to the
Project Area, as the Authority may deem appropriate and necessary.
1) To promote and secure the prompt development of property within the Project
Area, such property which is not now in its most productive use, in a manner
consistent with the Comprehensive Plan of the. City, thus realizing
Comprehensive Plan, land use, and tax base goals.
2) To assist development in the Project Area through the acquisition or write-down
of certain interests In property which is not now In productive use or in its
highest and best use, to mala or defray the cost of soil corrections or site
Improvements on said. property, and to construct or reimburse for the
construction of public improvements and other facilities on or for the benefit of
said property, thereby promoting and securing the development of other land
within the Project Area.
3) To secure the increase and availability of rental housing property for Individuals
and families of low to moderate income within the Project Area.
4) To secure the increase of industrial and commercial property subject to taxation
within the Project Area.
5) To promote and secure additional employment opportunities within the City and
to prevent the loss of existing employment opportunities, thereby preventing the
loss of valuable owman resources. J
SPRINGSTED Page 2
Aymouth Housing & Redevelopment Authority, Minnesota
6) To provide fundingfor an ongoing development strategy and to prioritize the
use of available. resources.
7) To implement and revise from time to time, as may be deemed necessary or
desirable, a consolidated and unified Redevelopment Plan and to finance the
associated development costs on an area -wide basis.
8) To employ any of the powers of the Authority for the benefit of the Project Area
in such cases and upon such terms as the Authority may deem appropriate.
9) To construct or acquire facilities deemed desirable for the development of the
Project Area.
Section E Boundaries of the Project Area
The property within the City which constitutes the Project Area includes the property contained
within the boundaries described below and is illustrated on the map attached as Exhibit I.
The City reserves the right to expand the boundaries of the Project Area in the future.
Section F Property Acquisition
The Authority may acquire property, or appropriate interest therein, within the Rroject Area as it
deems necessary or desirable to assist in the implementation of the Redevelopment Plan.
Section G Payment of Public Costs
It is anticipated that the Public Costs of the Project Area will be paid primarily from tax
increments or proceeds of tax increment bonds. Such costs are identified in the TIF Plan(s) for
the corresponding TIF District(s) located within the Project Area. The Authority reserves the
right to use other sources of revenue legally applicable to the Project Area to pay for such
Public Costs including, but not limited to, special assessments, federal or state funds, and
Investment income.
Section H Environmental Controls; Land Use Regulations
All authority actions, public improvements and private development shall be carried out in a
manner consistent with existing environmental controls and all applicable Land Use
Regulations..
Section I Park and Open Space to be Created
Park and open space created within the Project Area will be done so in accordance with the
zoning and platting ordinances of the City.
Section J Property Acquisition and Proposed Reuse
i
SPRINGSTED Page 3
Plymouth Housing & Redevelopment Authority, Minnesota
The Redevelopment Plan contemplates that the Authority may acquire property and rewmrey
the same to another entity. Prior to formal consideration of the acquisition of any properly, the
Governing Body will require the execution of a binding development agreement with respect
thereto and evidence that tax increments or other funds will be available to repay the Public
Costs associated with the proposed acquisition. It is the intent of the Authority to negotiate the
acquisition of properly whenever possible.. Appropriate restrictions regarding the reuse and
redevelopment of property shall be incorporated into any development agreement to which the
Authority Is a party.
Section K Administration and Maintenance
Maintenance and operation of the Project Area will be the responsibility of the Executive
Director of the Housing & Redevelopment Authority who shall serve as administrator of the
Project Area. Each year the administrator will submit to the Governing Body the maintenance
and operation budget. for the following year.
The administrator will administer the Redevelopment Plan pursuant to the provisions of the
HRA Act; provided, however, that such powers may only be exercised at the direction of the
Governing Body. No action taken by the administrator pursuant to the above-mentioned
powers shall be effective without authorization by the Governing Body.
Section L Relocation
Any person or business that is displaced as a resuft of the Redevelopment Plan will be
relocated in accordance with the provisions of the HRA Act and other applicable state law.
Section N Amendments
The Authority reserves the right to after and amend the Redevelopment Plan subject to the
provisions of state law regulating such action.
SPUNGSTED Page 4
lymouth Housing and Redevelopment Authority
Project Area #1 .
w
1 0.5 0 1 2
City of Plymouth, MN Mees
R
1Plymouth' Housing & Redevelopment..
Tai: Increment Financing Plan
for .
Tax Increment Financing (Redevelopment)
District No. 1-1
The Shops at Plymouth Creek)
Dated: October 12, 2004
Approved:
Prepared by:
SPRINGSTED INCORPORATED
85 E Seventh Place, Suite 100
St. Paul, MN 55101-2887
W3.3000 .
PR/NGS7EQCOM
TABLE OF CONTENTS .
Section Paaets)
A. Definitions.....................................................................................................::.....................2
B. Statutory Authorization........................................................................................................2
C. Statement of Need and Public Purpose..............................................................................2
D. Statement of Objectives......................................................................................................2
E. Designation of Tax Increment Financing District as a Redevelopment District....................2
F. Duration of the TIF District and the Three Year Rule...........................................................4
G. Property to be Included in the TIF District ............................................................................4
H. Property to be Acquired in the TIF District...........................................................................5
1. Specific Development Expected to Occur Within the TIF District........................................5
J. Findings and Need for Tax Increment Financing.................................................................5
K. Estimated Public Costs........................................................................................................6
L. Estimated Sources of Revenue...........................................................................................7
M. Estimated Amount of Bonded Indebtedness.......................................................................7
N. Original Net Tex Capacity....................................................................................................7
O. Original Tax Capacity Rate..................................................................................................8
P. Projected Retained Captured Net Tax Capacity and Projected Tax Increment ...................8
O. Use of Tex krgrercrerit.............................................. ... .. g '
R. Excess Tax Increment .......................................................................................................10
S. Tax Increment Pooling and the Five Year Rule.................................................................10
T. Umitatlon on Administrative Expenses..............................................................................11
U. Limitation on Property Not Subject to Improvements - Four Year Rule..............................11
V. Estimated Impact on Other Taxing Jurisdictions................................................................11
W. Prior Planned Improvements..............................................................................................12
X. Development Agreements.................................................................................................12
Assessment Agreements...................................................................................................12
L Modifications of the Tax Increment Financing Plan...........................................................12
AA. Administration of the Tax Increment Financing Plan ........................................................ 13
AB. Financial Reporting and Disclosure Requirements............................................................14
Map of the Tax Increment Financing District......................................................... EXHIBIT
AssumptionsReport ............................................................................................. EXHIBIT 11
Projected Tax Increment Report .......................................................................... EXHIBIT III
Estimated Impact on Other Taxing Jurisdictions Report ......................................EXHIBIT IV
Market Value Analysis Report ...............................................................................EXHIBIT V
Plymouth Housing & RWeve/aament Authority, Minnesota
Section A DeffiWons
The terms defined in this section have the meanings given herein, unless the context in which
they are used indicates a different meaning:
Authority' means the Plymouth Housing & Redevelopment Authority.
TW means the City of Plymouth. Minnesota. also referred to as a'Municipalllv'.
City Coundl•.means the City Council of the City. also referred to as the'Govemina Body.
Counts means Hennepin County, Minnesota.
Redevelopment Proiact• means Redevelopment Project Area No. 7 in the City, which is
described in the corresponding Redevelopment Plan.
Redevelopment Plan' means the Redevelopment Plan for the Redevelopment Project Area.
Project Area• means the geographic area of the Redevelopment Project Area.
School District• means Independent School District No. 284, Minnesota.
StatW'meens the State: of Minnesota.
TIF Acr means Minnesota Statutes. Sections 469.174 through 469.1799, both inclusive.
TIF District means Tax Increment Financing (Redevelopment) District No. 1-1.
TIF Plan • means the tax increment financing plan for the TIF District (this document).
Section B Statutory Auftwkedon
See Section B of the Redevelopment Plan for the Redevelopment Project Area.
Section C Statement of Need and Public Purpose
See Section C of the Redevelopment Plan for the Redevelopment Project Area.
Section D Statement of Objectives
See Section 0 of the Redevelopment Plan for the Redevelopment Project Area.
Section E Designation of Tax increment Financing District as a
Redevelopment District
Redevelopment districts are a type of tax increment financing district in which one or more of
the following conditions exists and is reasonably distributed throughout the district:
1) parcels comprising at least 70% of the area of the district are occupied by buildings,
streets, utilities, paved or gravel packing lots, or other similar structures and more than
SPRIWGSTED Page 2
Plymouth Housing & Redevelopment Authority. Minnesota
50% of the buildings, not including outbuildings, are structurally substandard requiring
substantial renovation or clearance. A parcel is deemed 'occupied' If at least 15% of
the area of the parcel contains buildings, streets, utilities, paved or gravel parking lots;
or other similar structures.
2) the property consists of vacant, unused, underused, inappropriately used, or
infrequently used railyards, reit. storage facilities, or excessive or vacated railroad right-
ofrays; or
3) tank facilities, or property whose immediately previous use was for tank facilities, as
defined in section 115C.02, subdivision 15, it the tank facilities:
i) have or had a capacity of more than 1,000.000 gallons;
ii) are located adjacent to fail facilities; and
iii) have been removed or are unused, underused, inappropriately used, or
infrequently used.
For districts consisting of two more noncontiguous areas, each area must individually quality
under the provisions listed above, as well as the entire area must also quality as a whole.
The TIF District qualities as a redevelopment district in that it meets all of the criteria listed in
1) above and the findings in Section J. The supporting facts and documentation for this
determination will be retained by the City for the lite of the TIF District and are available to the
public upon request.
Under the TIF Act, 'structurally substandard' is defined as buildings containing defects or
deficiencies in structural elements, essential utilities and facilities, light and ventiladw., fire
protection (Induding egress), layout and condition of interior partitions, or similar factors.
Generally, a building is not structurally substandard if R is in compliance with the building code
applicable to a new building, or could be modified to satisfy the existing code at a cost of less
than 15% of the cost of constructing a new structure of the same size and type.
A city may not find that a building is structurally substandard without an interior inspection.
unless it can not gain access to the property and there exists evidence which supports the
structurally substandard finding. Such evidence includes recent fire or police inspections, on-
site property tax appraisals or housing inspections, exterior evidence of deterioration, or other
similar reliable evidence. Written documentation of the findings and reasons why an interior
inspection was not conducted must be made and retained. A parcel is deemed to be occupied
by a structurally substandard building it the following conditions are met:
1) the parcel was occupied by a substandard building within three year of the filing of
the request for certification of the parcel as part of the dis, :J;
2) the demolition or removal of the substandard building was performed or financed by
the authority, or was performed by a developer under a development agreement with
the authority,
3) the authority found by resolution before such demolition or removal occurred that the
building was structurally substandard and that the authority intended to include the
parcel in the TIF district, and
4) the authority notifies the county auditor that the original tax capacity of the parcel
must be adjusted upon filing the request for certification of the tax capacity of the
parcel as part of a district. 1J
SPRINGSTED Page 3
Pfy n O Housing & Redevelopment Auftnty, Minnesota
In the case of (4) above, the County: Auditor shall as" the original net tax capacity of the
parcel to be the greater of (a) the current tax capacity of the parcel, or (b) a computed tax
capacity of the parcel using the estimated market value of the parcel for the year in which the
demolition or removal occurred, and the appropriate classification rete(s) for the current year.
At least 90 percent of the tax increment from a redevelopment district must be used to finance
the cost of correcting conditions that allow designation as a redevelopment district. These
costs include, but are not limited to, acquiring properties containing structurally substandard
buildings or improvements or hazardous substances, pollution, or contaminants, acquiring
adjacent parcels necessary to provide a site of sufficient size to permit development,
demolition and rehabilitation of structures, clearing of land, removal of hazardous substances
or remediation necessary to develop the land, and installation of utilities, roads, sidewalks, and
parking facilities for the site. The allocated administrative expenses of the authority may be
Included in the qualifying costs. (M.S. Section 469.176, Subdivision 4(j)1
Section F Duration of the TIF District and the Three Year Rule
Redevelopment districts may remain in existence 25 years from the date of receipt by the
Authority of the first tax increment. Modifications of this plan (see Section Z) shall not extend
Mese limitations.
The Authority reserves the right to allow the TIF District to remain in existence the maximum
duration allowed by law (projected to be through the year 2031), but anticipates that the TIF
District will be decertified prior to that time (see Section P). All tax increments from taxes
payable in the year the TIF District is decer ifred shall be paid to the Authority.
In addition, no tax increments shall be paid to the Authority from the TIF District after three
years from the date of certification unless within that time period:
1) bonds have been. issued in aid of the Project Area (except revenue bonds
issued pursuant to M.S. Sections 469.152 to 469.165);
2) the Authority has acquired property within the TIF District; or
3) the Authority has constructed, or caused to -be constructed, public
improvements within the TIF District.
Section G Property to be Included In the TIF District
The TIF District is an approximate 28 acre area of land located within the Project Area. A map
showing the location of the TIF District is shown in Exhibit I. The boundaries and area
encompassed by the TIF District are described below:
Parcel ID Number Legal Description
20-118-22-14-0002 LOT 1, BLOCK 1 SPICER
15905 State Highway 55, ADDITION, HENNEPIN COUNTY,
Plymouth, MN MINNESOTA.
J The area encompassed by the TIF District shall also include all street or utility right-of-ways
located upon or adjacent to the property described above.
SPRINGSTED Page 4
Plymouth Housing & Redevelopment Authority, Minnesota
Section N Properly to be Acquired in the TIFDisbrtct
The Authority may acquire and seti any or all of the properly located within the TIF District.
The Authority anticipates acquiring property for the future senior residential project, and
reserves ft right to reimburse developers for any future acquisition costs.
Section 1 Spedfie Davakpmnt Expected to Occur Within to TIF District
The proposed project includes the redevelopment of the existing 2"cre site into The Shops
at Plymouth Creek which will contain approximately 200.000 square feet of retail and a future
60 unit senior residential project. The main tenant will be a 194,000 square foot Lowes Homo
Improvement Store, along with a bank, drug store, pad retailtrestaurent site with drive-thru,
24.000 square host of intermediate size retail space, and 16,000 square feet of small
restaurant/rated space. The Authority intends to use tax increment to finance its share of the
road improvements to the Vicksburg/Highway 55 and the 32n0 AvenuelHighway 55
intersections, land acquisition for future senior residential site, pooling for the City's TIHAP
account for affordable housing and related administrative expenses.
The project is expected to be fully constructed in 2006 and be 100% assessed and on the tax
rolls as of January 2, 2007 for taxes payable in 2006.
At the time this document was prepared there were no signed development contracts with
regards to the above described development.
Section J Findings and Need for Tax Increment Financing
In establishing the TIF District, the Authority makes the following findings:
1) The TIF District qualifies as a redevelopment district;
A Redevelopment Eligibility Assessment, dated September 2, 2004, was
completed by Short Elliott Hendrickson Inc •(SEH) for the proposed
district consisting of one parcel with 1 industriaUmanufacturing building
with parking and other paved areas. An interior and exterior inspection
of the building was completed. The report found that the property met
the coverage test with 100% area coverage, exceeding the 70% area
coverage requirement. In addition the one building was found to be
sb4durelly substandard' when considering code deficiencies and other
deficiencies which justified substantial renovation or clearance, which
exceeds the Condition of Buildings Test whereby over 50% of the
buildings, not including outbuildings, must be found 'structurally
substandard".
2) The proposed development, in the opinion of the Authority, would not
reasonably be expected to occur solely through private investment within the
reasonably foreseeable future.
3) In the opinion of the Authority, the increased market value of the site that could
reasonably be expected to occur without the use of tax inoroment would be less
than the increase in market value estirmsted to result from the proposed
SPRINGSTED Page 5
Ij
Plymouth Housing & Redevelopment Authority. Minnesota
development after subtracting the present value of the projected tax increments.
for the maximum duration of the TIF District permitted by the TIF Plan.
a. The Authority's estimate of the amount by which the market value of the
site will increase without the use of tax increment financing is $0, and a
small amount attributable to appreciation in land value.
b. If all development which is proposed to be assisted with tax increment
were to occur in the District, the total increase in market value would be
approximately $15,510,000.
c. The present value of tax increments from the District for the maximum
duration of the district permitted by the TIF Plan is estimated to be
1,612,062 (See Exhibit V).
d. Even if some development other than the proposed development were to
occur, the Council finds that no alternative would occur that would
produce a market value increase greater than $13,897,938 (the amount
in clause b less the amount in clause c) without tax increment
assistance.
3) The TIF Plan conforms to the general plan for development or redevelopment of
the City as a whole; and
The reasons and facts supporting this finding are that the TIF District is
property zoned, and the TIF Plan has been approved by the City
Planning Commission and will generally complement and serve to
implement policies adopted in the Citys comprehensive plan.
4) The TIF Plan will afford maximum opportunity, consistent with the sound needs
of the City as a whole, for the development of the Project Area by private
enterprise.
The reasons and facts supporting this finding are that the development
activities are necessary so that development and redevelopment by
private enterprise can occur within the Project Area.
Section K Estimated Public Costs
The estimated public costs of the TIF District are listed below. Such costs are eligible for
reimbursement.from tax increments of the TIF District.
Land/Building acquisition 525,000
Road Improvements 665,000
Site ImprovementslPreparadon costs 0
Installation of public utilities 0
Parking .fadlities 0
Bond Principal Payments 1,500,000
Bond Interest Payments 1,050000
Capitalizul Interest 250,000
Adminisbat:ve Expenses 145,000
Pooling — Affordable Housing 433,000
Total 4,568,000
SPRINGSTED Page 6
00 1
ftmouth Housing & Redevelopment Authoft Minnesota
The Authority reserves the right to administratively adjust the amount of any of the items listed
above or to incorporate additional eligible items, so long as the total estimated public cost is
not increased. The Authority also Intends to use tax increment to pay eligible project costs
within the Project Area.
Section L Estimated Sources of Revenue
Tax Increment revenue 2,900,000
Interest on invested funds 168,000
Bond proceeds 1,500,000
Loan proceeds 0
Real estate sales 0
Special assessments 0
RentlLease revenue 0
Grants 0
Other O
Subtotal 4,568,000
Transfers In 0
Total 4,568.000
The Authority anticipates providing financial assistance to the proposed development through
the Issuance of Tax Increment Revenue bonds to pay public costs incurred (see Section K).
As tax increments are collected from the TIF District in future years, they will be used to pay
debt service on the bonds.
The Authority reserves the right to finance any or all public costs of the TIF District using pay-
as-you-go :3sistance, internal funding, general obligation or revenue debt, or any other
financing mechanism authorized by law. The Authority also reserves the right to use other
sources of revenue legally applicable to the Project Area to pay for such costs including, but
not limited to, special assessments, utility revenues, federal or state funds, and investment
Income.
Section M Estimated Amount of Bonded Indebtedness
The Authority reserves the right to issue bonds to finance the estimated public costs of the TIF
District in an amount not to exceed $2,000,000.
Section N Original Net Tax Capacity
The County Auditor shall certify the original net tax capacity of the TIF District. This value will
be equal to the total net tax capacity of all property in the TIF District as certified by the State
Comrnissioner of Revenue. For districts certified between January 1 and June 30, inclusive,
this value is based on the previous assessment year. For districts certified between July 1 and
December 31, inclusive, this value is based on the current assessment year.
The Estimated Market Value of all property within the TIF District as of January 2, 2004, for
taxes payable in 2005, is $7,490,000. Upon establishment of the TIF District, and subsequent
SPRINGSTED Page 7
Plymouth Housing & Redevelopment Authoniy, Minnesota
reclassificationeaoimr y
property. estimated that the original net tax capacity of the TIF District
Each ym the County Auditor shall certify the amount that the original net tax capacity has
increased or decreased as a result of.
1) changes in the tax-exempt status of property;
2) reductions or enlargements of the geographic area of the TIF District;
3) changes due to stipulation agreements or abatements; or
4) changes in property classification rates.
Section O Original Tax Capacity Rate
The County Auditor shall also certify the original tax capacity rete of the TIF District. This rete
shall be the sum of all local tax rates that appy to property in the TIF District. This rete shall
be for the same taxes payable year as the original net tax capacity.
In future years, the amount of tax increment generated by the TIF District will be calculated
using the lesser of (a) the sum of the current local tax rates at that time or (b) the original tax
capacity rete of the TIF District.
At the lima this document was prepared, the sum of all local tax rates that appy to property in
the TIF District, for taxes levied in 2004 and payable in 2005, was not yet available. When this
total becomes available, the County Auditor shall certify this amount as the original tax
capacity rete of the TIF District. For purposes of estimating the tax increment generated by the
TIF District, the sum of the local tax rates for taxes levied in 2003 and payable in 2004, is
101.617% as shown below.
Section P Projected Retained Captured Net Tax Capacity and
Projected Tax increment
Each year the County Auditor shall determine the current net tax capacity of all property in the
TIF District. To the extent that this total exceeds the original net tax capacity, the difference
shall be known as the captured net tax capacity of the TIF District.
The County Auditor shall certify to the Authority the amount of captured net tax capacity each
J
year. The Authority may choose to retain any or all of this amount. It is the Authority's
intention to retain 100% of the captured net tax capacity of the TIF District. Such amount shall
be known as the retained captured net tax capacity of the TIF District.
SPRINGSTED Page 8
2003/2004
Taxing Jurisdiction Local Tax Rate
City of Plymouth 23.922
Hennepin County 47.324
ISD 0 284 22.115
Other 8.256
Total 101:61796
Section P Projected Retained Captured Net Tax Capacity and
Projected Tax increment
Each year the County Auditor shall determine the current net tax capacity of all property in the
TIF District. To the extent that this total exceeds the original net tax capacity, the difference
shall be known as the captured net tax capacity of the TIF District.
The County Auditor shall certify to the Authority the amount of captured net tax capacity each
J
year. The Authority may choose to retain any or all of this amount. It is the Authority's
intention to retain 100% of the captured net tax capacity of the TIF District. Such amount shall
be known as the retained captured net tax capacity of the TIF District.
SPRINGSTED Page 8
Plymouth Housing & Redevelopment Authonty. Minnesota
Exhibit 11 gives a listing of the various information and assumptions used in preparing a number
of the exhibits contained in this TIF Plan, including Exhibit III which shows the projected tax
increment generated over the anticipated life of the TIF District.
Section G Use of Tax increment
Each year the County Treasurer shall deduct 0.36% of the annual tax increment generated by
the TIF District and pay such amount to the State's General Fund. Such amounts will be
appropriated to the State Auditor for the cost of financial reporting and auditing of tax
increment financing information throughout the state. Exhibit III shows. the projected deduction
for this purpose over the anticipated life of the TIF District.
The Authority has determined that it wiq use 100% of the remaining tax increment generated
by the TIF District for any of the following purposes:
1) pay for the estimated public costs of the TIF District (see Section K) and County
administrative costs associated with the TIF District (see Section T);
2) pay principal and Interest on tax increment bonds or other bonds issued to
finance the estimated public costs of the TIF District;
3) accumulate a reserve securing the payment of tax increment bonds or other
bonds issued to finance the estimated public costs of the TIF District
4) pay all or a portion of the county road costs as may be required by the County
Board under M.S. Section 469.175. Subdivision 1a; or
5) return excess tax increments to the County Auditor for redistribution to the Ciy.
County and School District.
Tax increments from property located in one county must be expended for the direct and
primary benefit of a project located within that county, unless both county boards involved
waive this requirement. Tax Increments shall not be used to circumvent levy limitations
applicable to the City.
Tax increment shall not be used to finance the acquisition, construction, renovation, operation,
or maintenance of a building to be used primarily and regularly for conducting the business of
a municipality, county, school district, or any other local unit of government or the State or
federal government, or for a commons area used as a public park or a facility used for social,
recreational, or conference purposes. This prohibition does not apply to the construction or
renovation of a parking structure or of a privately owned facility for conference purposes.
If there exists any type of agreement or arrangement providing for the developer, or other
beneficiary of assistance, to repay all or a portion of the assistance that was paid or financed
with tax increments, such payments shall be subject to all of the restrictions imposed on the
um of tax increments. Assistance includes sale of property at less than the cost of acquisition
or fair market value, grants, ground or other leases at less then fair market rent, interest rate
subsidies, utility service connections, roads, or other similar assistance that would otherwise be
paid far by the developer or beneficiary.
SPRINGSTED Page 9
Plymouth Housing & Redevelopment Authority, Minnesota
Section R Excess Tax Increment
In any year in whichthe tax increments from the TIF District exceed the amount necessary to
pay the estimated public costs authori ed by the TIF Plan, the Authority shall use the excess
tax increments to:
1) prepay any outstanding tax increment bonds;
2) discharge the pledge of tax increments thereof:
3) pay amounts into an escrow account dedicated to the payment of the tax
increment bonds; or
4) return excess tax increments to the County Auditor for redistribution to the City,
County and School District. The County Auditor must report to the
Commissioner of Education the amount of any excess tax increment
redistributed to the School District within 30 days of such redistribution.
Section S Tax Increment Pooling and the Five Year Rule
At least 75% of the tax increments from the TIF District must be expended on activities within
the district or to pay for bonds used to finance the estimated public costs of the TIF District
see Section E for additional restrictions). No more than 25% of the tax increments may be
spent on costs cutside of the TIF District but within the boundaries of the Project Area, except
to pay debt service on credit enhanced bonds. All administrative expenses are considered to
J have been spent outside of the TIF District. Tax increments are considered to have been
spent within the TIF District if such amounts are:
1) actually paid to a third party for activities performed within the TIF District within
five years after certification of the district;
2) used to pay bonds that were issued and sold to a third party, the proceeds of
which are reasonably expected on the date of issuance to be spent within the
later of the five-year period or a reasonable temporary period or are deposited
in a reasonably required reserve or replacement fund.
3) used to make payments or reimbursements to a third party under binding
contracts for activities performed within the TIF District, which were entered into
within five years after certification of the district; or
4) used to reimburse a party for payment of eligible costs (including interest)
Incurred within five years from certification of the district.
Beginning with the sixth year following certification of the TIF District, at least 75% of the tax
increments must be used to pay outstanding bonds or make contractual payments obligated
within the first five years. When outstanding bonds have been defeased and sufficient money
has been set aside to pay for such contractual obligations, the TIF District must be decertified.
The Authority does anticipate that tax increments will be spent (pooling) outside of the TIF
District but in -the Project Area.
SPRINGSTED Page 10
Plymouth Housing & Redevelopment Authority, Minnesota
n
Section T Limitation on Administrative Expenses
Administrative expenses are defined as all costs of the Authority other than:
1) amounts paid for the purchase of land;
2) amounts paid for materials and services, including architectural and engineering
services directly connected with the physical development of the real property in
the project;
3) relocation benefits paid to, or services provided for, persons residing or
businesses located in the project;
4) amounts used to pay principal or interest on, fund a reserve for, or sell at a
discount bonds issued pursuant to section 469.178; or
5) amounts used to pay other financial obligations to the extent those obligations
were used to finance costs described in clause (1) to (3).
Administrative expenses include amounts paid for services provided by bond counsel, fiscal
consultants, planning or economic development consultants, and actual costs incurred by the
County in administering the TIF District. Tax increments may be used to gay administrative
expenses of the TIF District up to the lesser of (a) 10% of the total estimated public costs
auUrorlted by the TIF Plan or (b)10% of the total tax increment expenditures for the project.
Section U Limitation on Property Not Subject to Improvements - Four Year Rule
If after four years from certification of the TIF District no demolition, rehabilitation, renovation,
or qualified improvement of an adjacent street has commenced on a parcel located within the
TIF District, then that parcel shall be excluded from the TIF District and the original net tax
capacity shall be adjusted accordingly. Qualified improvements of a street are limited to
construction or opening of a new street, relocation of a street, or substantial reconstruction or
rebuilding of an existing street. The Authority must submit to the County Auditor, by
February 1 of the fifth year, evidence that the required activity has taken place for each parcel
in the TIF District.
k a parcel is excluded from the TIF District and the Authority or owner of the parcel
subsequently commences any of the above activities, the Authority shall certify to the County
Auditor that such activity has commenced and the parcel shall once again be included in the
TIF District. The County Auditor shall certify the net tax capacity of the parcel, as most
recently certified by the Commissioner of Revenue, and add such amount to the original net
tax capacity of the TIF District.
Section V Estimated impact on Other Taxing Jurisdictions
Exhibit IV shows the estimated impact on other taxing jurisdictions If the maximum projected
retained captured net tax capacity of the TIF District was hypothetically available to the other
taxing jurisdictions. The Authority believes that there will be no adverse impact on other taxing
jurisdictions during the life of the TIF District, since the proposed development would not have
occurred without the establishment of the TIF District and the provision of public assistance. A
positive impact on other taxing jurisdictions will occur when the TIF District is decertified and
the development therein becomes part of the general tax base.
SPRINGSTED Page 11
Plymouth Housing & Redevelopment Authority; Minnesota
Section W Prior Planned improvements
The Authority shall accompany its request for certification to the County Auditor (or notice of
district enlargement), with a listing of all properties within the TIF District for which building
permits have been issued during the 18 months immediately preceding approval of the TIF
Plan. The County Auditor shall increase the original net tax capacity of the TIF District by the
net tax capacity of each improvement for which a building permit was issued.
There have been no building permits issued in the last 18 months in conjunction with any of
the properties within the TIF District.
Section X Development Agreements
If within a project containing a redevelopment district, more than 26% of the acreage of the
property to be acquired by the Authority is purchased with tax increment bonds proceeds (to
which tax increment from the property is pledged), then prior to such acquisition, the Authority
must enter into an agreement for the development of the property. Such agreement must
provide recourse for the Authority should the development not be completed.
The Authority anticipates entering into an agreement for development and anticipates
acquiring property located within the TIF District.
Section Y Assessment Agreements
The Authority may, upon entering into a development agreement, also enter into an
assessment agreement with the developer, which establishes a minimum market value of the
land and improvements for each year during the life of the TIF District.
The assessment agreement shall be presented to the County or City Assessor who shall
review the plans and specifications for the improvements to be constructed, review the market
value previously assigned to the land, and so long as the minimum market value contained In
the assessment agreement appears to be an accurate estimate, shall certify the assessment
agreement as reasonable. The assessment agreement shall be filed for recons in the office of
the County Recorder of each county where the property is located. Any modification or
premature termination of this agreement must first be approved by the City. County and School
District.
The Authority does not anticipate entering into an assessment agreement.
Section Z Modifications of the Tax Increment Financing Plan
Any reduction or enlargement in the geographic area of the Project Area or the TIF District;
increase in the amount of bonded indebtedness to be incurred; increase in the amount of
capitalized Interest; increase in that portion of the captured net tax capacity to be retained by
the Authority; increase in the total estimated public costs; or designation of additional property
to be acquired by the Authority shall be approved only after . itisfying all the necessary
requirements for approval of the original TIF Plan. This paragraph does not appy if:
J(1) the only modification is elimination of parcels from the TIF District; and.
SPRINGSTED Page 12
Ptymouth Housing & Redevelopment Authority, Minnesota
2) the current net tax capacity of the parcels eliminated equals or exceeds the not
tax capacity of those parcels in the TIF District's original net tax capacity, or the
Authority agrees that the TIF District's original net tax capacity will be reduced
by no more than the current net tax capacity of the parcels eliminated.
The Authority must notify the County Auditor of any modification that reduces or enlarges the
geographic area of the TIF District. The geographic area of the TIF District may be reduced
but not enlarged after five years following the date of certification.
Section AA Administration of the Tax Increment Financing Plan
Upon adoption of the TIF Plan, the Authority shall submit a copy of such plan to the Minnesota
Department of Revenue. The Authority shall also request that the County Auditor certify the
original net tax capacity and net tax capacity rete of the TIF District. To assist the County
Auditor in this process, the Authority shall submit copies of the TIF Plan, the resolution
establishing the TIF District and adopting the TIF Plan, and a listing of any prior planned
Improvements. The Authority shall also send the County Assessor any assessment agreement
establishing the minimum market value of land and improvements in the TIF District, and shall
request that the County Assessor review and certify this assessment agreement as
reasonable.
The County shall distribute to the Authority the amount of tax increment as it becomes
available. The amount of tax increment in any year represents the applicable property taxes
generated by the retained captured net tax capacity of the TIF Dir-ict. The amount of tax
increment may change due to development anticipated by the TIF Plan, other development,
inflation of property values, or changes in property classification rates or formulas. In
administering and implementing the TIF Plan, the following actions should occur on an annuai
basis:
1) prior to July 1, the Authority shall notify the County Assessor of any new
development that has occurred in the TIF District during the past year to insure
that the new value will be recorded in a timely manner.
2) if the County Auditor receives the request for certification of a new TIF District,
or for modification of an existing TIF District, before July 1, the request shall be
recognized in determining local tax rates for the current and subsequent levy
years. Requests received on or after July 1 shall be used to determine local tax
rates in subsequent years.
3) each year the County Auditor shall certify the amount of the original net tax
capacity of the TIF District. The amount certified shall reflect any changes that
occur as a result of the following:
a) the value of property that changes from tax-exempt to taxable shall be
added to the original net tax capacity of the TIF District. The reverse
shall also apply;
b) the original net tax capacity may be modified by any approved
enlargement or reduction of the TIF District;
c) if laws governing the classification of real property cause changes to the
percentage of estimated market value to be applied for property tax
SPRINGSTED Page 13
J
P&mouth Housing & Redet eftment Authon7y, Minnesota
purposes, then the resulting increase or decrease in net tax capacity
shall be applied proportionately to the original net tax capacity and the
retained captured nat tax capacity of the TIF District.
The County Auditor shall notify the Authority of all changes made to the original net tax
capacity of the TIF District.
Section A9 Financial Reporting and Disclosure Requirements
The City will corrply with all reporting regwreftnts for the TIF District under Minnesota
Statutes, Section 469.175, subdivisions 5 and 6.
SPRINGSTED Page 14
HRA TIF District 1-1 Shops at Plymouth Creek.)
N
w
1 0.5 0 1 2
City of Plymouth, MN Miles
m
c
Exhibit H
The c"I d Nmmh1E a IbdrwlayanOti9 Al Or. rltamaab
Trn htereta . FhmrtebE okbm Ns 14
The Shaw at Pbmoulh Creep Ptejset
Semmrb6-S2$iuMbnEw-FDWNMndkOW-TW#icftSO%eRb=NF Mt
Type of TO Inaeemrx Fweft Dia4td RedexabprmM
Maximum Dma6on alTIF OWM 25 yore ham let tnoenrnt
SPRINGSTED Page 16
Rejected Crelfeaaan Roauest Delo 1201IN
Erkrrsted Deeatmadan Deb 1213e122 Ie Vera of hiCes m
Bme EfWnstad MrkM VWa
2aW8005
V.490.m0
Tknes First $150.000 144% 2.250
Eames 2.00% 146.500
Origbd NN Ta Cavedb 149.050
AsaeanrWC lleation Ver
2004=5 20058006 20058007 20072008
BM Ealhneted WAN Value $7.4$0.000 7.490.000 S7A90.000 $7.4$0.000
yes kraeaw in EMV - raw 0 0 4.010.000M510.000
lnonmse in EUV - Ngnirq 0 0 0 0
TOW 0 -1 11 Me" VMA $1.490.000 S7.490.000 11,500.000 S23A06000
Tkr=.Fkd 5150.000 1.50% 2.250 2.250 2250 $.250
Exoms 2.00% ,46600 48600 227.000 457 OOD
Told Net Tas Cepacki $149.050 5146050 229.250 5459250
CRY of Pt —lh 23.922%
Memo Cam 47.324%
ISD 5794 22.115%
9arr-tw 3 6.253%
Local Tax Cgmft Rab 101.617% 200380W
Fbml Dklmides CrmibWionFrrn TIF Dkdrid 35.791$%
Adtnhdstradve Rebkrepe ftm 0naxknm 10%) 5.00%
Pat Parona - rood l V ossmras rmide dWM OAO%
Plodkp Pana - afirdetle kaukq 1600%
X005 Nam (PAMAI -mau-1-o)
Bands Dated 123IM4 Nols Dated 123111N
Bend bsm a 699!1 (10C) $1.456000 Nate Rab 600%
ELptle Prbed Coale 51.193.617 Nab Amount 51,166151
Resent Valor Dab 6 Rab 120vd4 600%
Nobs
TOM ELN am ad krrArds ramdendtl coff4wrent - a b expected m lu exemsL
J
15% N errsl krr paa9rq to aa4 TIW Axm t.
CalWatlon eswrrrn m dwpes to hAre tae rebs. dams rebs. mrkN sahms, aomhrr - sdxlddm
and no mrlcet valine kdbto umad.
SPRINGSTED Page 16
Exhibit N
Projected Ta: Mcmmn t tt i mt
Tlw CIq oIP4mmM Nouekq 8 Redaeebplwld AuVm tr, Mmwe0b
Ta baaewN Rmm91g nbdav@Wnw" Obbbl N9, 1.1
The Shop at P"Wulh Creek Plepet
Se eerie 8.629 million EW • F9 wNMx dbblet • TIP Nob 00%91Imuemald
LOW. r:-w: Rebinad UWE Lea: Lea: Lees: Amud
Aeew1 Tob1 pAOlnst Fbd CepOnad Tm Novel 804sAud. Admin. PmO Nal
Perbd Net Tex Nd Tm amp..0 Net Tax Cppea r Gran Tax tladudien Rol I sp Bad Hp Reramw
Ending Copaol7 Capae87 99.7948% Capm*y Row blain 0e 0.760% 6.00% 16.00% brBandl
fit 121 fal 141 151 161 171 181
19131/01 1491360 149,080 0 0 101.617% 0 0 0 0 0
1203IMS 149A50 149A50 0 0 101.617!% 0 0 0 0 0
171311316 1491350 149A80 0 0 101.617% 0 0 0 0 0
171311317 720280 149A50 71,915 46,786 101.617% 49AN 177 2.444 7,739 30,112
12131138 489250 149AN 1;%"3 188,767 101.617% 189,777 683 9A86 28,784 151.275
12/31119 459.250 149,050 123A43 189,767 101.917% 189,777 687 9A55 26,764 151.275
1201110 489,260 149,060 123A43 lIK757 101.617% 189.7" 689 SASS 28,784 151,275
17131111 459250 149,080 123,443 188,767 101.617% 189,7" 683 SASS 29,984 151276
12131112 489250 1/9,050 123,443 189,767 101.917% 189,7" 663 9A66 28,781 151.275
12131113 45%M 149,050 InA43 188.757 101.617% 189.7" 663 9.455 28.784 151,275
3104 459260 149A60 123.443 166,757 10.617% 189.777 663 BASS 26.381 151.275
1201115 459250 149,890 123.443 189.767 101.61/% 189.7" 693 9AS5 28281 151,275
17131116 459260 149,050 1231343 10,767 101.617% 189.7" 683 9A55 28AN 151,275
17/911/7 489250 149.050 1271343 189.757 101.617% 189.777 689 9A55 26,381 151.276
12131118 489;260 149.050 123A43 168.757 101.617% 189.7" 683 BASS 26261 151.275
1201119 459250 149,050 123.43 188,757 101.617% 189.7" 663 9ASS 28,80 151.275
17131120 459260 148.050 127,443 188,767 101.61 189,7" 683 9,455 28.90 10275
1201121 459280 149,050 123,443 189,757 101.617% 189,7" 893 9,455 26.76/ 151,275
12/31/22 489, 50 149,050 123.443 186,757 101.617% 189,7" 683 9A55 26,70 151,276
11131123 4525 459,250 0 0 101.617% 0 0 0 0 0
1201!24 59250 459,260 0 0 101,07% 0 0 0 0 0
12131125 459230 459280 0 0 101.61'1' 0 0 0 0 0
1213188 459,250 459,250 0 0 101.611Aw 0 0 0 0 0
12131111 459,250 459.250 0 0 101.617% 0 0 0 0 0
11/81/26459.250 459.250 0 0 101.617% 0 0 0 0 0
1213189 469,750 459.250 0 0 101.617!% 0 0 0 0 0
1213100 459260 458.250 0 0 101.6179% 0 0 0 0 0
12131131 459,250 459,250 0 0 101.6171% 0 0 0 0 0
1113101 459.250 459,260 0 0 101.617% 0 0 0 0
12.M.791 610.172 6144:269 0432.Ml SIM8,2371
SpRINGSTEO Page t7
k'1
Exhibit IV
Sidemod 1: 6 ms po** Rebbd CapNad NM Tax Caplely d 0w TF n' - wax hypoms0ea0y n aldb b edr d
Cis btlnp' adlGiorro Dhows. ma mw0 wcdd hs s bewr beM bx rats (nes Nypome0M1 A*Nftd Ta Rab atxwr)
wfdrh wmdd pe I ms oms ammd d Isms for am* lift UaiadkdxL In such a ram, 9b OM bol bx rate
waW. docs--- by 0.122%(-4- NyprersUol Decrea- b Loul Tu Rab abos). Ths hypoloW lex mM ft
Rebind CapNd Net Tax Cepeft d m- TW Dbbld would Osrorate Is ebo dw-sr dos.
btabmat 2- SMw ma popdd ReloWd Csphrd Nal Tax CW* d Ow TIF DbMd b not ewIable b ma M ft pab"Om
Ow Ow- b no hn ped an bass bled or bed bx Ma.
1) Taaabb not tsx opedM bbl nd lax eapadM - aphed TIF - Baed dbpai:7 oitlrbWon. 9 appkems.
2) The Inroad -arae- taairq babmdwn. b rwp08ibb Wn- may r•; -, l c* 6.12% d me bW bx rate.
SPRINGSTED Page 18
EsthnoW knmd an Olhw T Jwbdidbns ftwd
The My of Pgm0udl Na btl 8 RadavMopn nt AuUwft. Mlmnsob
Toa bmawd Fbancl ObdordOpn@4 Wobkt Ne. 14
TM Shope d Plan pAh Crash Po*c
Seando B • 623 m)bbn SM - FO -r" dhdM - TIF Nob 00% of banned
Mout
Prdeel or TIF ObMd Wkh Pmbd ad TIF Dbedd
Proleeled
20030M 20030A04 Rabhrd Naw ""oft" IM cow"
NypoOlMlol
Tax Denersbd
Taaatls 200300 Tmxdbls cephrd Tadd- Adjusted n... .@In byRdAid
To" No Tax Loot Nal Ta Not Tax NN Ta Lood Load capbmd
Judadklk n GodM ll l Tax Rab CaorJN III • CaeseBr a Caoayry Tax Rab l•1 Tax Rab 1•I N.T.C. el
CRY d Plyw-M 76,227.200 23A22% 76227,380 6180,757 73:114,117 23.863% OAW% 066
caas7 972.612.612 47.321% 912,912.612 166.757 973A9a269 47.316% OA08% 99.304
ISD0284 76,359,671 22.115% 70,859;671 180,757 76ANAU 22.061% 0.054% 41,201
oma (2) 6258% — 196.767 — 6258%
Tout 10fA17% 101x85% 0.122%
Sidemod 1: 6 ms po** Rebbd CapNad NM Tax Caplely d 0w TF n' - wax hypoms0ea0y n aldb b edr d
Cis btlnp' adlGiorro Dhows. ma mw0 wcdd hs s bewr beM bx rats (nes Nypome0M1 A*Nftd Ta Rab atxwr)
wfdrh wmdd pe I ms oms ammd d Isms for am* lift UaiadkdxL In such a ram, 9b OM bol bx rate
waW. docs--- by 0.122%(-4- NyprersUol Decrea- b Loul Tu Rab abos). Ths hypoloW lex mM ft
Rebind CapNd Net Tax Cepeft d m- TW Dbbld would Osrorate Is ebo dw-sr dos.
btabmat 2- SMw ma popdd ReloWd Csphrd Nal Tax CW* d Ow TIF DbMd b not ewIable b ma M ft pab"Om
Ow Ow- b no hn ped an bass bled or bed bx Ma.
1) Taaabb not tsx opedM bbl nd lax eapadM - aphed TIF - Baed dbpai:7 oitlrbWon. 9 appkems.
2) The Inroad -arae- taairq babmdwn. b rwp08ibb Wn- may r•; -, l c* 6.12% d me bW bx rate.
SPRINGSTED Page 18
Exhibit V
Elatltat Vdue Anibmft Report
Til. CNjof Pl mWAh HWdM 8 A,-, Adhoft. wransote
Tu kwomerrt Fhwx:IrrS PmWn apewd) DisWd No. 1-1
The Shops et Pbu oulh Crank Protest
Soensdo 8 - Sn mtbm EM - FD s Wdn district - TD Nota 8011 of hmmmnt
Anumadm
Present Vahre Data 12131/04
P.V. Rama - Gross T.I. 6.00%
Increase In EMV WRh TIF Distea 15,510.000
Leas: P.V of Gross Tax hkamew 1,612.062
Subtotal S13,897.938
Lasa: mamas in EMV Wow TIF 0
DWerence S13.897.938
Annual Present
Grow Tax Value
Yea rxxamero 6.0011
1 2007 49.066 41,801
2 2008 189.777 152,527
3 2009 169.777 143.693
4 2010 189.771 135,748
5 2011 189.777 128.065
6 2012 1891777 120.816
7 2013 189.777 113.977
8 2014 189.777 107.525
9 2015 189.777 101.439
10 2016 189.777 95.697
1T 2017 189:777 90.260
12 2016 189.777 65.170
13 2019 189,771 80.349
14 2020 189,777 75,801
15 2021 189.777 71.511
18 2022 189.777 67.463
17 2023 0 0
18 2024 0 0
19 2025 0 0
20 2026 0 0
21 2027 0 0
22 2028 0 0
23 2029 0 0
24 2030 0 0
25 204 0 0
26 2032 0 0
2,895,721 1,612.062
SPRINGSTED Page 19
D i
i
PLYMOUTH HOUSING AND
REDEVELOPMENT AUTHORITY
RESOLUTION NO. 2004-_
RESOLUTION ADOPTING THE PROJECT PLAN FOR
REDEVELOPMENT PROJECT AREA NO. 1 AND THE
TAX INCREMENT FINANCING PLAN FOR TAX
INCREMENT FINANCING (REDEVELOPMENT)
DISTRICT NO. 1-1
BE IT RESOLVED by the Plymouth Housing and Redevelopment Authority,
Plymouth, Minnesota, as follows:
1. The Plymouth Housing and Redevelopment Authority (the "Authority") has
reviewed the Redevelopment Plan for Redevelopment Project Area No. 1 (the "Project Plan")
and a Tax .Increment Financing Plan for Tax Increment Financing (Redevelopment) District No.
1-1(the "TIF Plad).-
2. Adoption. The Project Plan and the TIF Plan are hereby adopted, subject to
approval by the City Council as provided in Section 4, based on the findings in Section 3.
3. Findin The Authority hereby makes the following findings:
a) The tax increment financing district to be established pursuant to the TIF Plan (the
District"), based on the informationin the TIF Plan, representations of the developer,
and other information presented to the Authority, contains the following conditions,
which are reasonably distributed throughout the District: Parcels comprising at least
70% of the area of the District are occupied by buildings, streets, utilities, or other
improvements, and more than 50% of the buildings (not including outbuildings) are
structurally substandard requiring substantial renovation or clearance. The Authority
finds that the foregoing conditions exist in the District as a whole. Therefore, the
District qualifies as a "redevelopment district" within the meaning of Minnesota
Statutes, Section 469.174, Subdivision 10.
b) The proposed development, in the opinion of the Authority, world not reasonably
be expected to occur solely through private investment within the reasonably
foreseeable future and the increased market value of the site that could reasonably be
expected to occur without the use of tax increment financing would be less than the
increase in the market value estimated to result from the proposed development after
subtracting the present value of the projected tax increments for the maximum duration
of the District permitted by the TIF Plan. Therefore, the use of tax increment financing
is deemed necessary since private developers could not economically develop the
project without the proposed subsidy.
J
4. Transmittal. The Authority does hereby transmit the Project Plan and the TIF Plan
to the City of Plymouth City Council (the "Council"! for approval after the same has been
considered by the Council subsequent to a public hearing to be held in accordance with
Minnesota Statutes, Chapter 469.
5. Effing. Following approval by the Council, the Secretary of the Authority is hereby
authorized and directed to file the Project Plan and the TEF Plan with the Commissioner of
Revenue as required by Minnesota Statutes, Section 469.175, Subdivision 4a.
Adopted by the Plymouth Housing and Rede: clopment Authority, this 21 st day of
October, 2004.
W
Agenda Number:
AmYMOi -HOtAiFed Ai4b a
REDEVEG0. 1949 : AU 11116 TY.
Agenda Report
DATE: October 14,2W4 for Housing and Redevelopment Authority Meeting of
October 21, 2004
TO: Plymouth Housing and Redevelopment Authority
FROM: TraFy ]ones, HRA Specialist through t13tes, Housing Program
Manager and rte H Iburt, Executive Director
SUBJECT: Community Development Block Grant (CDBG) Funding - Hammer
Residences Application
BACKGROUND
Over the past few years, the City of Plymouth has allocated a percentage of its annual Community
Development Block Grant (CDBG) allocation to an Affordable Housing Development Account.
The intent of the Affordable Housing Development Account is to assist with the development of
affordable rental and/or owner -occupied housing units. These funds are allocated 6n a first-come
first -serve basis until funds are depleted.
Hammer Residences has requested funds from this account to improve an affordable rental
property in Plymouth. Hammer Residences is a non-profit corporation that serves developmental
disabled and other special needs persons by providing group -housing. accommodations in the
communities of Plymouth, Wayzata, and Minnetonka Hammer has provided this services for over
70 years and currently operates 31 group homes, with 14 of these homes located in Plymouth.
Specifically, Hammer Residences has requested funds from this account to fund the installation of
a new fie sprinkler system at its 14th Avenue House, which is located in Plymouth at 16205 10
Avenue North. Hammer acquired its 10 Avenue House at the beginning of 2004. Once
rehabilitation work is complete, the 10 Avenue House will serve four developmentally disabled
low-income men.
Research has shown that deaths caused by fires can be reduced by 75-82% in certain types of
residential facilities if a fire sprinkler system is installed. To increase safety for their clientele,
Hammer is attempting to add fire sprinkler systems to each of their existing homes. In addition to
a fire sprinkler system, other renovations at the 14th Avenue House will include: installing a new
J electrical system, remodeling the lower level of the house, repairing windows, replacing flooring,
replacing a garage door as well as other minor repairs and modifications.
DISCUSSION
Hammer has requested 520,503.00 fiom the CDBG funded Affordable Housing Development
Account, which currently has 121,148.02 in uncommitted funds for the 2003 program year. If the
HRA provides funding at a lesser level, Hammer Residences will need to provide additional
funding for the project through fundraising and/or operational dollars. ,
Every year the U.S. Department of Housing and Urban Development (HUD) requires the
Hennepin County Consortium, which consists of Urban Hennepin County and the Cities of
Bloomington and Plymouth, to complete a Consolidated Annual Performance and Evaluation
Report (CAPER). The CAPER reviews the Consortium's accomplishments towards meeting its 5 -
year goals for rental households, existing homeowners, first-time homebuyers, homeless, housing
for persons with special needs and public services.
The Hennepin County Consortium is slightly behind in meeting its 5 -year goal of providing
housing for developmentally disabled renters, which falls under the larger 5 -year goal of providing
housing for persons with special needs. Thus, by increasing the safety of an affordable house for
four developmentally disabled low-income men, this request would also help to insure that the
Consortium would meet its goal of providing housing to developmentally disabled renters.
1 recommend that the Plymouth Housing and Redevelopment Authority Board of
Commissioners approvefunding for the installation of a new fire sprinkler system at the 14th
Avenue House as outlined In the attached Resolution. `D
ATTACHMENTS
1. Resolution 200411
2. Hammer Residences Application for Development/ Redevelopment
xa.qo.,.q.awousorvo sr wou iow+.a'r.m wio me
W
HRA RESOLUTION 2004-11
RECOMMENDING FUNDING FOR HAMMER RESIDENCES TO INSTALL A NEW FIRE
SPRINKLER SYSTEM AT ITS le AVENUE HOUSE
WHEREAS, the City of Plymouth received 5324,000.00 in Community Development Block Grant
CDBG) funding for the 2003 program year, and
WHEREAS, the City of Plymouth has 521,148.02 in unspent CDBG funding in the Affordable
Housing Development Account for the. 2003 program year, and
WHEREAS, the City of Plymouth is part of the Hennepin County Consortium; and
WHEREAS, the Hennepin County Consortium is slightly behind in meeting its 5 -year goal of
providing housing for developmentally -disabled renters; and
WHEREAS, the Housing and Redevelopment Authority in and for the City of Plymouth has
determined that funding the installation of a new fire sprinkler system at the 14'" Avenue House is an
appropriate use of Community Development Block Grant funds in accordance with federal guidelines
and the Consortium's HUD approved Consolidated Plan;
NOW, THEREFORE, BE 1T RESOLVED. BY THE HOUSING AND -REDEVELt MENT
AUTHORITY IN AND FOR THE CIT:' OF PLYMOUTH, MINNESOTA, that the Authority
approves using unspent CDBG funding in the Affordable Housing Development Account for the
2003 program year to fund the installation of a new fire sprinkler system at the 10 Avenue House in
the amount of 520,503.00 with a project completion date of November 25, 2004.
Adopted by the Plymouth Housing and Redevelopment Authority on October 21, 2004.
Plymouth 2004 Community Development Block Grant
Application For Development/ Redevelopment
Submit to: Plymouth HRA, 3400 Plymouth Boulevard, Plymouth, NIN 55447-1482
Attn: Tracy Jones, HRA Specialist
E-mail: ti2noft.plymouth.mn.us Phone: (763) 509-5416 Fax: (763) 509-5407
Organization/Agency: Hammer Residences
Project Name: 10 Avenue (address: 16205 10 Avenue North. Plymouth. MN 55447)
Primary Contact: Tim Nelson Title: CEO
Address: 1209 E. Wayzata Blvd., Wayzata. MN 55391
Phone: 952-277-2422 Fax: 952-473-8629 Email: tim@hammer.om
Funding Requested: S 20.503 Minimum Acceptable: S20.503(any sum would be helpful
Describe your project:
Hammer is developing a 4 -person house for four developmentally disabled pun who have been unsuccessful in their current living
environments due to poor coping/ interpersonal skills and who desperately need new housing. The structure of this house allows for a
great deal of separation of the four men that will permit the staff to work on the clients' interpersonal skills more productively. One
client hasdifficulty traversing stairs, but because the home is a walkout rambler with lower level driveway access, this will not pose a
problem Thus, the home is designed well for a variety of client needs. The renovations include the addition of a fire sprinkler system,
a fire panel and alarm system, installation of new electrical service, the rcurodeling of the lower level to create a fairly separate living
area (including the creation.of an additional bedrwmm and the relocation of a kitchen) the repair of windows, the replacement of
flooring, replacement of garage door, interior and exterior painting, and other minor repairs and modifications: In the fume, the
removal of a freestanding garage that is in poor repair will need to be completed. The funds requested arc specifically for the new fire
sprinkler system std fire panel. Research has shown that deaths caused by fire in certain residential facilities that have a fire sprinkler
system an reduced by 75-82% (see attached selections of two NFPA epm , pages i -ii and page 160 respectively). [For this reason,
Hammer has been on a multi-year endeavor to add a sprinkler system to all of our existing homes as well.] Additionally, the four
individuals slated to move to this home have very poor coping skills and the likelihood of an independent, safe exit during a fire is
questionable. This important safety feature will sere these and future clients well into the future and will be an important community
asset.
Is this an existing CDBC-Funded project? Yes X No
What is the need in the City of Plymouth for your project?
Hammer will be nuking a home safer; more accessible, and mote livable for people with disabilities who are in desperate need of a
new place to live and who have low incomes. The is an increasing number of people with developmental disabilities who also have
interpersonal problems who are in need. of unique housing arrangements such as this home offers. The accessibility this home offers.
also is in increasing demand as people with disabilities are living longer than they have in the past; the need for safe and appropriate
housing for people with disabilities will continue to grow. The City of Plymouth will undoubtedly have a growing rued for this type of
housing.
Project availability. City -Wide School District # X Other section of City. specific home
What are the anticipated results/accomplishments (number of personsthouseholds to be assisted/served, number oflZingunitstobeconstructed/ rehabilitated)? This information. will be used to evaluate annual performance.
Four individuals with developm W disabilities, who also have interpeaooallemotional difficulties will have a home that is march
safer, more accessible and much mote livable. This borne will.contisue to be an irrtponant community asse, long into the future.
What is the project's implementation timeline (identify major tasks to be performed between July 1, 2004 and
June 30, 2005)?
Several of the renovations we already underway (remodeling of the lower level, etc.). The entire project is scheduled to be completed
by November 25, 2004. The installation of the new fire sprinkler system will not begin until we are granted funds from The Plymouth
HRA's CDBG program, but will also be completed by November 25, 2004.
How does your proposal support Plymouth's vision and mission (see attached)?
This project will help maintain a diverse community by allowing handicapped individuals to be able to live in Plymouth. It improves
the cunent lousing stock for people with disabilities and creates affordable housing options for those individuals who also have low
inconr.
What Consolidated Plan priority will this project meet (see attached)?
Horsing for Persons with Special Needs—Developmentally Disabled and Housing for Persons with Special Needs— Physically
Disabled (the hom will be semi -accessible at opening and can be made moree accessible in the future as needed).
Diem list all leveraged resources for this project with specific dollar amounts.
We will be approaching at least 2-3 specific donors to ask them to donate toward this project Our goal will be to mise from these
am= between 515,000-29,000 for this project Whatever finds are not raised from these specific donors will be drawn from
general Ctmdiamed dollars (that we rise in large part at year-end) and any excess depreciation dollars that we have at year-end.
How will incomes/assets of project participants be verified?
Iaco w/assets of the people we serve are readily available from our business office. Hammer is required by other government agencies
to monitor these incomelasset levels. These figures can be verified by whatever reasonable meant that the City of Plymouth Housing
and Redevelopmen Authority finds necessary.
How will you document project benefits by income, race, and sex?
Records required of Hammer by Sate and County government regulators will document incone,.race, and sex of all resides of this
home.
What is your experience with this type of project?
H has served people with developmental disabilities since 1923. We have made a number of our homes handicapped
Jccessible. We have utilized CDBG funds for such purposes for the past seven years.
How many individuals or households ha 4you served annually during the last two years by projecVservice?
How many were from Plymouth?
Hammer provides services to 175 individuals, over 60 of which reside in Plymouth (Additionally, Hammer serves another 400+
clients through a joint venture with six other nonprofits.)
Please attach biographiesand/or resumes of staff directly involved with this project.
10
3
A
J Application/ Organization Name: Hammer Residences
Project Name: 14 Avenue Renovations
The proposed worksheet must be completed for all proposed development/ redevelopment projects. If your
agency is proposing to complete more than one project, your agency needs to copy this form and complete it for
each unit unless We cost per unit is anticipated to be the same.
Type.of Costs Project Costs Per Unit
Column A Colman B
Total Cost Names of
Pmrlder(s) and/or
Source(s) of Fonds
Actual Cost In -Kind Conafttioo Columns A plus B
t Acquisition
2. Demolition
3. Development
4. Gaattruction: 39,890
39,800 Hannner Fuudmised/
depreciation
5. Rehabilitation:
A y(___!A)
7. Other: Install Fire
Sprinkler S)stem /Panel
120,303
20,303 CDBG--Pivumuth
L Total Hard Costs
add lines 1 through 7)
60,303
60,303
9. -Closing costs
10. Holding Costs
11. EV%vlopers Fee
12. Appraisal Fee
1'3.Otber.
14. Total Son Costs
add lines 9 tluough 13)
i S. Total Development Coats
add lints 8 and 14)
60,303
60,303
16. Cost per Hashed square foot (excluding in-kind contribution)
17: ToW Devil moat Cost of rrojeet (Column A. Hue IS, multiplied by number of units)
a
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u -
BrWRioaraobies of Key IndMduals Involved with this Proled
The construction work for this project will be supervised by our Director of Environmental Services, Tim
Eshelman, who has work in our maintenance department at Hammer for over 14 years. He has helped oversee
the remodeling and construction of a number of homes at Hammer and is a trained cabinet maker.
The.mcgor construction work will be contracted out to a general contractor with whom Hammer has worked
with for nearly 10 years. In addition, a crew of three Hammer maintenance staff members willbe utilized for
various portions of the construction.
Other key people involved in this process will be our Director of Finance, Jim Landt, who has over 30 years,of
finance experience, and our CEO, Tim Nelson, who has 27 years experience in the field of developmental
disabilities.
The key program staff person involved in this project is our Director of Program Services, Lisbeth Armstrong,
who has over 25 years experience in this field.
5
0
i
Autot<atic sprinklers me highly effemve elements of total system designs for fire pnooectian in
buildings Wben.spriddes are. ptesmt, die chances of dying -a a fire and the averrlge property loss per
foe me both eat by ane-balfto two-thirds, compared to rues where sprinklers are not ptesamt What's
time, this simple oomnv9enm understates the potential value of sprinklers because it hmmps agetbri all
sprinklers, regardless of type, coverage, or operational stats, and is limited to fires reported to fire
departments, If umeponed fires could be included and if complete, well mainmincd, and properly
imtrdled and designed system could be isolated, sprinlder effectiveness would be seen as even more
In 1999, them were a number of useful cbmgp to the coding of automatic suppression equipment
performance in the NRRS database, but these changes required most reported data to be converted
fiom the old Vetsion 4.1 to the new Version 5.0. Some of the conrersiom were proble m atic,.and so this
report does not combine 1999 data with previous dam and uses the period ending in 1998 for any multi
Year analyses.
When measuded by the average manber of civilian deaths per theusand fires in 1989-1998 (and
with the limitations cited above), the reduction associated with automatic aippression mquipmnet a 6096
for mane f linbg properties (fiamn 2.0 to 0.8 deaths per thousand fires), 74% for stores and offices (fimn
1.0 to 0.3 deaths per thousand fires), 75% for health care properties that care for the aged or the sick
fiom 4.9 to 1.21 and 91% for bawls and motels (from 9.1 to 0.8). Public assembly and edtsational
properties show no deaths in reported fires in sprinkleed properties in 1989.1998, but for educational
properties, this was tau of umpminklered properties as well. The estimated impact of residential sprinkler
systems in' is a 74% reduction in death rate, which shows that the large impact of sprinkles on ITe
sakty also applies where most fire deaths occur.
When measured by the average number of dollars lost to direct property damage per from in
1989.1.998 (and again with the limitations cited above), reductions associated with amtomatic
suppression equipment are illustrated by the following: 530A far stores and offices (fiom an average of
525,000 to an average of S11,700 per rue), 64% for nmanufact wing properties (from $52,500 to
518,700 per fuel 66% for health care properties that care for the aged or the sick (Rom $4,800 to
51,700 per fue), and WrA for public assembly properties (ftom 521,800 to 56,500 per fire).
U.S Experience MIA 4Wnklers,11N3 i NFPA Fire Analysis and Research, Quincy. MA
When sprinkles do nat produce satisfactory results, the reasons usznlly involve one or more of
the fallowing: (1) partial, antiquated, poorly maintained, or inappropriate systems;
2) explosions or flash fires that overpower the system before it can teams or (3) fires very close to
people or to sensitive, vahmble propetty such that fatal Nury or expensive damage, respectively, can
omu before a cyst rn can text. "Poor maimtanm a refers primanily to the problem of valves being
shut off and inxdvertea y Id slum off. "hmpProptiate" systems are systems whose design is not
adequate for the current level of hazard in the hd d *
Dwept for bealdi ®re Facilities, hotels and motels, depamnent states, and high-rise gereral office
bunldmgM sprinkler usage is still tare in properties with large potential for life loss. While the public trey
hear mnole about the spectacular fires in office buildings or places of public assembly, the truth, is that the
most donflet m plat LU ue, with respect to fire, is in the horns.
Most of our statistics capturere only sprinkler usage in properties that have fires repotted to fire
departments, so they will tad to understate sprint er usage. For exarnpl% an industry -sponsored survey
11 years earlier, in 1988, showed sprinklers already in guest rooms of 459/6 of hotels and motels, while
a* 29.0'96 of hotel mrd motel fires ••towed sprinklers present In 1999, only 49.19/6 of reported hotel
and motel fires were shown as occurring in propanes with magmadc equirprmeat„ which
arggests than aced uW ofsprinkles m hotels and morns, not limited to those that have fires, rrek be up
to 60.7096.
The highest levels of sprinklerusage in other high occupancy properties appear to be in health care
ficilities that care for the sick or aged (77.69/6 of 1999 fnm repomd as occurring in facilities with automatic
su n equipmmd). High levels of u s e also prof ably exist in mmr d tuning properties (61.996) and
depam wmt stores (60.496), based ort the percentaip of foes in sprinlleted properties. However,
sprinklers were cited in only 35.4% of repom'fires in educational properties, 343% of fires in public
assembly properties, 30.29!6 of finis in stores and offices, 29-PA.of fres in correctional facilities, 12.91/0 of
fires in aporaoaus, and 3.4%of fires in dwellings.and duplexes
Sprinkler usage is growing in most properties, but most fires still or -cm in properties without
sprinkles. Timm is considerable potential for expanded use of sprinklers to reduce the loss of life and
property to fire.
J
U.S. Experience Irith Sprinklem, l V03 ii NFPA Fire Analysis and Research, Quinc) , MA
Residents o6hese iaeilitles are particularly vulnerable.
People over 65 face twice the risk of dying in a home fire as the general population. The
risk increases with increasing age.* Consequently, the aged are considered a high-risk
popula!ion. Institutional facilities that care for older adults must work diligently to
prevent fires and to train staff and to equip the property (e.g., active systems) for effective
response should a fire occur. The deadliest fire in U.S. history in this property class was
the 1957 Katie Jane Nursing Home fire in Warrenton, Missouri, that killed 72 people.
93% of these tires occurred in properties witb smoke alarms.
Most (93%) facilities that care for the aged have smoke alarms. Almost three-quarters of
the facilities with reported fires were protected by automatic suppression syste.-.ts. The
death rate when no automatic suppression system was present was almost six times as
high as the rate in a facility with this protection. Direct property damage was twice as
Fire Protection Features io
Structure Fires In Facilities that Care for the. Aged
Reported to Mile Fire Departments:
1994-1998 Annual Averages
Percent of fires in buildings with smoke 93.3%
or other fire alarms present
Percent of fires in buildings having smoke' 87.855
or other fire alarms in which devices
were operational
Percent of fires in buildings with operational smoke or 82.05'0
other fire alarms (product of fust two statistics)
Percent of rues in buildings with automatic suppression system 73.6%
Deaths.per 1,000 fires with automatic suppression system 1.9
Deaths per 1,000 fires with no automatic suppression 10.8
system present
Reduction in deaths per 1,000 fires when automatic 82.0%
suppression systems were present
Average loss per fire when automatic 51,780
suppression system was present
Average loss per fire with no automatic suppression system 53,973
Reduction in loss per fire when automatic 55.2%
suppression systems were present
Source: National estimates based on NFIRS and NFPA survey
Data for 1999 is not provided because of difficulties introduced by the process of
converting the data collected in the older version to NFIRS 5.0. Because the majority of
data was. collected in the older format and converted, drawing reliable conclusions on this
John R. Hall, Jr., Patterns o%Fire Casuahies in Nome Fires by Age and Sex. Quincy. MA: NFPA. Fire
JAnalysis and. Research Division, August 2001, p. 2.
U.S Fin Problem Overview Report, 6103 160 NFPA Fire Analysis and Research, Quincy, MA