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84-287 , M�HITE - CITV CLERK PINK - FINANCE COUAClI �y/ n (S CANARV - DEPARTMENT GITY OF SAINT PALTL �Tty � T � BLUE - MAVOR V i� ,!/\ (I _ , File N 0. - -zoning ou c 'l esolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, William Dunnigan has submitted the attached proposed lot split for City Council approval; and . WHEREAS, the Departments of Planning and Economic Development and Public Works have reviewed the proposed lot split at 483-485 Marshall Avenue as described on the attached survey; and WHEREAS, the proposed lot split meets the following requirements of Section 67.304 of the Zoning Code: l . The lots have frontage on an existing improved street and access to municipal services; 2. The lots to be divided are previously platted land; 3. The lots meet the minimum standards for lot area for the zoning district in which they are located; 4. The division does not result in a split zoning classification on a single lot; 5. The division of the lots shall not cause a remaining part of a lot to become a separately described tract wMich does not meet the minimum lot area standards of the zoning district in which it is located or which does not have street frontage and access to municipal services; and WHEREAS, the proposed lot split does not meet one condition of Section 67.304 of the Zoning Code: One of the lots does not meet the minimum standards for lot width in the RT-1 Zoning District in which it is located (25 feet); and COUNCILMEN Requested by Department of: Yeas Nays Fletcher °'ew [n Favor Masanz Nicosia Schetbel __ Against BY Tedesco Wilson Form Approv d by i y Att ey Adopted by Council: Date Certified Yassed by Council Secretary BY g�. A►pproved by Ylavor: Date _ Approved or for Subm' sion to Coun il By _ By � � WHITE - CITY CLERK PINK - FINANCE GITY OF SAINT PAUL Council CANARV - DEPARTMENT File NO. �� ��� BLUE - MAVOR � � � � Council Resolution Presented By Referred To Committee: Date Out of Committee By Date WHEREAS, a variance of the requirement of minimum lot width can be granted without detriment to the intent of the Chapter, the public safety or neighboring property; NOW, THEREFORE, BE IT RESOLVED, that the City Council accepts and approves this lot split, with the variance of minimum lot width from 25 feet � required to 24.80 feet for the westerly parcel addressed as 485 Marshall Avenue. COUNCILMEN Requested by Department of: Yeas F�etcher Nays Drew � [n Favor D EC NOM C DEVELOPMENT Masanz J � NiCOSia scheibei _ Against BY Tedesco Wilson � ' � 198� Form Approve Atto ey Adopted by Council: Date Certified Ya-s ncil t y BY sy Approve b Mavor. Date _ �AR -5 1984 Approved oc for Submission to Council r By _ By PUBLISHED MAR 10 1984 � �` k �,,.�p r���wy�� 6. �, � •`�^�^'� - . � - " ,"�*, i %��ai„+4;�y '3.�!q�'.',u�"u'T+,�.e'"r�'� � .. y ..��.�,,, a d�y.��;..�,}YY��d�..�_,�s & r: t '�'�.�+. ��,`-'",�%,-�. ,. ... ,_ , .. �. ,�.�,« .' . ':;. ��N:�;,e�.��,.�'i� . -0.?.. . ,,..� -'Kfi..�%a��G. o-..;�a�-+°C,'er��.�. .. ..s-�'Y.`�'.�.�,�,.�`iY*a�+��x, aseD?``�"�+�.��`�'� ��'�.������ _ .�:: �lT ��-.���7, � ' "" � `From' the office of ., . . . .., . , :. � ,:. .. � ,....: : � . .-_:. - , _ _.. . -:;.. .,. ,. . 5 �� r , i .< .. , r�f--`= ... Y,.. • • ` GEORGI-� SCHIVIIDT & ASS4C. INC. ' ��Z�x��� 3092 No. Lexington 11ve.. Roseville, Mn�: 551Z3: �;.,, �; � : �s; , L^ND SURVEYING +. . ' n ` �` ' �`7" 483-4408 `�i�. '� . ���'- �'1��� ,. '�=: r Ai.R9,'�,��C54's'`T��`�� F.4��".qL�1�,�, . . . . . � .. . . - �� P;Here6y�Certifr t�►at th�s plat shows a survev made by me of the property � ,�T,�:�. �. ::: �.-�;: •• _ � ,. �. -.•-�iescf ibe�,e�s�is-ptat, a�d that the corners are correctly placed as shown� , : ,-,_ . . ,,; . � I< ,3 � /� l�,� E, „ . .:r <r .lob Number: _ __ .__ __.__ Surveyed For __=� �_ , _ .___ . Qaie ��'�!P 3 „ ___ — ------ ---� �. �� _ ` � ./� �,�. 3� • ( ; ( ��Cl.��` �7"�{e �nsf'���' �f �'j.,e �k�'��Scale --/� -eJ �. 1 By �����'�,��---- � �� �/ �Sf�C����� �N�/�G�N���tJ U��/'s�to�.f �I��►�C.`/7�+n/�it (�.��'S'd���i�iS7ERED LANO SURVEYOR b . Z�J�/O,�Srf I ��+ I','. ���c��r��t the 1Yc�st 30.k fc�c:t ��nd �ot f0 excc�pt thE. �- �R'.S f-S,c�CC.�j�LZ.lJ � ,i;i � ',,�`� � ,•,�t , ljlock ?1 , ttack�ibin .�r��1 t�i�irstrall 's Additieri. �}.�rl';r �. � :,ii��� � , !1�,. _ ti��2� _ . '_-'-._.___' . Lµ. �, t � � ��. •. �_ .' t� ^` . ;, "�:�__ �- G�r.�d �� 2 r � � � i t!1}�� : 't i -"' c"" , j u a � , �t �� ��, � �I \ I '.:I�)1� � Itit' i ': ti�>\�fl .o tl I t��� ,t��;�,r-� . ^,i lcil�� c�f .47 f't . ; ,.1 ,Y � �;.,� �G t r> .•�i (�I . c•umnur� ��,t I I . ' `- � 4 � �, 0 i n� i +•�• �li � i :i�,n li��r• �rilf�in � ``(��f'�1' ( ' 1S1 � fll(1 11,1� � . .. � � /�.v o it Po�c�1 � i z, ; . . . .. f� � . �1� :.¢,<r.. � a.y � � � � � N ' oaa � ~ ` � i�� M � �'k �' ~� M � �► , _ .S, � � - i f . � . . . � {S��I'... . .. !o,�: , \ � 4 �.. � � � . . . �l �� � b.� / 28 � � c'�?<�K a�e t !✓�� rn,P� �IO N LtM�[s✓j :�r_ � �S .fl ,--��. S �Q vt0��i �f:1^ YC«ttJ fK D�'<(`P Q \P i � `�4 t� 4 � } � �� �-.a �M � f, , `a 0. - Z� � — O �� ^r Q`� _ °� � y Q � � �ti _ b Z y B� 33•3P �S� _ t. b a. �9 , , � . i.�,sy� • ;�: ; , _ _ , , .. _ � v�,��r`�Se�er-- �$3 �sh�.�-� . .'��,�rd-.SF.�J�v� �f-�S�'1'1�V;S'�A,�� ' ;< � . � � ¢ ' � � R �- � �.�. ��� � � _ S � � A j� ,�; �� �,�^s,3�+�+�,+r � -�, �rt��'��'�'�d'�"�� : e. i �, z a ; �„ . .�.,,:r.:. ;, �k ��a.�'^.�'�."sa �.�« �st rZa��y�' P � �! �.�t k..<,,.'�vi�+yi,w,dri . --s.r.,+v'��.x,X�+isscJ:'w n.m..i r�yS a,5,,." ,NHY$.y N,.xcxwF$',,�,-t ",�°yfs�F"'r'°2`w^,'ti'w' .y!v';'c.. . � :`_{.�. � _ ,�- � . � x � ,,-,rs '-� >,'-�c w+ ». � ' ' . r�, ..1.�c:. '.,....:C.. ,, :.:, .:._:.. . . ....>�. . .. ...�. . . -y _"��L°'ar�tr,��wP��+„"h�.M °�a;Fi� ._ . . . . . .. � _._. ,. ..,...,..�.,,�...�.ww'x:;,. w, � r= ����� ��;� ��lilliam Dunnigan ; , , a� 1 rf� �,'� : �+, 266 l�"ackubin � _ ; �� St . Paul , P'iN 55102 � �� f �.'` i� `t!: ,,� C����' i�k..::,:- �, �.,. .,� ,: t� - ' �:;�'• �� , ., City of St. Paul .. �_ �..:-�_..,:.._ � llivision of Plannin� � 1100 Cit,y Hall �nnex 25 '�n7est Fourth Street St. Paul , P�N 55102 February 1� , 1984 Re�;arding the lot spli�t of �83-48 K P�`arshall Av�nue . l^Je are requesting a 1ot width variance from th� minimum. 25 feet to allow a 24�.8 foot lot. Since�Pl , �, � �,�/�c �'�-�>� � � ;��i,�-�-n��'� '��� � / T�,�illiam Dun ' V�� nigan �� g�a�� NOTICE OF PUBt ?C HEARING The Saint Paul City Council will conduct a public hearing to consider the request of William Dunnigan for a lot split at 483 and 485 Marshall Avenue on March 1 , 1984, at 10:00 a.m. in the City Council Chambers, 3rd Floor, City Hall . ALBERT B. OLSON, City Clerk City of Saint Paul (To be published February 1�, 1984) ��- �y a�7 ���� � pFn , oEPARTt�tENT Li nda Di ckhut rp�,�TACT _7494. ext. 294 pHONE , February 23,1984 pATE 1 ��� �r � (Routing and Explanatioa Sheet) � Assi�,Number for Routing Order (Clip All Locations for Mayoral Signature): Departmenti Di rector RECEtVED 2 Ci ty Attorney�—�.a.� �'E g L � 1984 3 Di rector of hlanagement/Ma�yor YOr�'S OFFICE Finance and Management Services �irector 4 City Clerk ��ST RECEIVE BY FEBRUARY f�7,1984 ! Budget Dir�ctor __1__ �e un t; D�rp _ _o,�,s P 1 a n n i n g7��-�' �lhat Wil] be Achieved by Taking Ac�ion on the Attached Materials? (Purpose/Rationale): Implementation of subd�vision �egulatlons 1^egard�ng lat splits. Sdfeguard �gainst creation of substandard/unbuildable lots. City Council hearing required, Financial , Budgetary and Personnel Impacts Mticipated: -, �n, s' Fee of $20.00 to cover administrative costs. � '���'� �"�� � �o FF6' . ��'�°' Funding Source and Fund Activity Number Charged or Credited: U� `���� �9� � �� � REG.�, �'"�p 9B General Fund .�c���� l L���,������ �_ _ �y � ts 1�84, ��l � - Attachments (List and Nwnber all Attachments�: ' ~��;, ' � M�YC�'S OFFICE �'�rF� 1. City Council Reso'kution ��� j 2. Copy of lot split at 483-485 Marshall �� � _«,:- 3. Copy of leg�l notice published February 18,1984 �, 4. Applicant;s request for variance DEPARTMENT REVIEW CITY ATTORNEY REVIEI�d X Yes No Council Resolution Required? Resolution Required? Yes No Yes � No Insurance Required? Insurance Sufficient? Yes No Yes X No Insurance Attached? - Revision of October, 1982 (�pP RPVPI"CP SidP for �Instructions) Z .��f`�� NOTICE OF PUBLIC HEARING The Saint Paul City Council will conduct a public hearing to consider the request of William Dunnigan for a lot split at 483 and 485 Marshall Avenue on March 1 , 1984, at 10:00 a.m. in the City Council Chambers, 3rd Floor, City Hall . ALBERT B. OLSON, City Clerk City of Saint Paul (To be published February 18, 1984) (February 18, 1984) NOr17CB OF PUDLIC 1lEA61Nti '�he Saint Paul Cit}F Coutxil pill eonduck e publk hesr4o{ to cQnatder the:req�iest o1 INillitm Dum�tgan fora lot agl�t at'463 aud 465 Maishall AveannAn 1[+A�h 1. 1p84.at 10:00 a.m.in t4e Cit,y ' r Citq.fia►k. ALSERT B.OLSON - City Clerk�;._. ' citg ot.�i- i�'. (February 18.1863) M�HITE - CITV CLERK � PINK - FINANCE G I TY O F SA I NT PA LT L Council /� CANARV�- DEPARTMENT f��/� ALUE - MAYOR File NO. �/ _ � � � � ;� Council Resolution ` , Presented By C � Referred To Committee: Date Out of Committee By Date RESOLUTION RECITING A PROPOSAL FOR A FINANCING PftOGRAM FOR. A MULTI-FAMILY RENTAL HOUSING DEVELOPMENT GIVING PftELIMINARY APPROVAL TO THE PROJECT AND THE PROGRAM PURSUANT TO MINNESOTA STATUTES, CHAPTEft 462C, AUTHORIZING THE HOUSING AND REDEVELOPMENT AUTHORITY TO ISSUE HOUSING R.EVENUE BONDS AND AUTHOftIZING THE SUBMISSION OF FINANCING PROGRAM FOR APPROVAL TO THE NIINNESOTA HOUSING FINANCE AGENCY AND AUTHORI7�NG THE PftEPARATION OF NECESSARY DOCUMENTS AND MATERIALS IN CONNECTION WITH THE SAID PROJECT AND PROGRAM (COMO VILLA PROJECT) WHEftEAS, (a) Minnesota Statutes, Chapter 462C (the "Act") confers upon cities, or housing and redevelopment authorities, or port authorities authorized by ordinance to exercise on behalf of a city the powers conferred by the Act, the power to issue revenue bonds to finance a program for the purposes of planning, administering, making or purchasing loans with respect to one or more multi-family housing developments within the boundaries of the city; COUNCILMEN Requested by De art ent of: Yeas Nays • � Fletcher � Drew In Favor Masanz Nicosia scheibe� __ Against BY Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date � �� n _ )� Q Certified Passed by Council Secretary By __�{ \l/%y, � By Approved by Mavor: Date Approved by Mayor for Submission to Council By _ By . � � �F ��-a�� (b) The Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the "HRA") has been designated, by ordinance, to exercise, on behalf of the City of St. Paul, Minnesota (the "City") the powers conferred by Minnesota Statutes, Section 462C.01 to 462C.08; (c) The City has received from Como Villa Partnership, a Minnesota limited partnership (the "Developer") , a proposal that the City undertake a prograin to finance a Project hereinafter described, through the issuance of revenue bonds or obligations (in one or more series or which may be in the form of a single debt instrument) (the "Bonds") pursuant to the Act; (d) The City desires to: facilitate the development of rental housing within the community; encourage the development of affordable housing opportunities for residents of the City; encourage the development of housing facilities designed for occupancy by persons of low or moderate income; and encourage the development of blighted or underutilized land and structures within the boundaries of the City; and the Project will assist the City in achieving these objectives. (e) The Developer is currently engaged in the business of real estate development. The Project to be financed by the Bonds is the acquisition, construction and equipping of a 77,700 square foot (approximately) multi-family rental housing development of approximately 99 rental units designed for occupancy primarily by the elderly located at 900 Como Avenue in the City, and consists of the acquisition of land and the construction of buildings thereon which will result in the provision of additional rental housing opportunities to persons within the community; . • C.�� �`�'��0 . � (f) The City has been advised by representatives of the Developer that con- ventional, commercial financing to pay the capital costs of the Project is available only on a limited basis and at such high costs of borrowing that the economic feasibility of operating the project would be significantly reduced, but the Developer has also advised the City that with the aid of municipal financing, and resulting low borrowing costs, the Project is economically more feasible; (g) A public hearing on the Project and the financing program therefor was held on , 1984, after notice was published, all as required by Minnesota Statutes, Section 462C.05, subd. 5, at which public hearing all those appearing at said hearing who desired to speak were heard; (h) No public official of the City has either a direct or indirect financial interest in the Project nor will any public official either directly or indirectly benefit financially from the Project; (i) The Developer and the HRA have entered into a Memorandum of Understanding, expressing certain agreements pertaining to the Project, and the financing therefor. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Saint Paul, Minnesota, as follows: 1. The City hereby gives preliminary approval to the proposal of the Developer that the City undertake the Project, described above, and the program of financing therefor, pursuant to Minnesota Statutes, Chapter 462C, consisting of the acquisition, construction and equipping of multi-family rental housing facilities within the City pursuant to the Developer' s specifications and to a revenue agreement between the HRA and the Developer on such terms and conditions with provisions for revision from time to time as necessary, so as to produce income and revenues sufficient to pay, when due, the principal and interest on the Bonds in a total principal amount of approx- imately $4,700,000 to be issued pursuant to the Act to finance - - _ _. . _ . . . .. . , . . � ._ ' � �F ����� the acquisition, construction and equipping of the Project; and said agreement may also provide for the entire interest of the Develbper therein to be mortgaged to the purchasers of the Bonds, or a trustee for the holder( s) of the Bonds; and the City, acting by and through the HRA, hereby undertakes preliminarily to issue its bonds in accordance witl� such terms and conditions; 2. At the option of the Developer, the financing may be structured so as to take advantage of whatever means are available and are permitted by law to enhance the security for, or marketability of, the Bonds; provided that any such financing structure must be approved by the HRA. 3. On the basis of information available to the City, it appears, and the City hereby finds, that the Project constitutes a multi-family housing development within the meaning of subdivision 5 of Section 462C.02 of the Act; that the Project will be primarily occupied, in part, by persons of lo�w or moderate income; the availability of the financing under the Act and the willingness of the City to authorize and direct the HRA to provide such financing will be a substantial inducement to the Developer to undertake the Project, and that the effect of the Project, if undertaken, will be to encourage the provision of additional multi-family rental housing opportunities to residents of the City, to assist in the prevention of the emergence of blighted and marginal land and to promote more intensive development and use of land within the City; 4. The Project, and the program to finance the Project by the issuance of revenue bonds, is hereby given preliminary approval by the City subject to the approval of the financing program by the Minnesota Housing Finance Agency ( "MHFA") and subject to final approval by the HRA, the Developer and the purchasers of the Bonds as to ultimate details of the financing of the project; 5. Pursuant to Chapter 72, Saint Paul, Minnesota, Aministrative Code, the City hereby authorizes and directs The Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the "HRA") to issue the housing revenue bonds to finance the Project and to take all actions necessary or desirable in connection therewith, and no further approval or authorization of the City shall be required; . � ' G�= �� �� �� 6. In accordance with subdivision 5 of Section 462C.05, Minnesota Statutes, the Executive Director of the HRA is hereby authorized and directed to submit the program for financing the project to MHFA, requesting its approval, and other officers, and employees and agents of the City and HRA are hereby authorized to provide MHFA with preliminary information as it may require; 7. The Developer has agreed and it is hereby determined that any and all costs incurred by the City or HRA in connection with the financing of the Project whether or not the project is carried to completion and whether or not approved by MHFA will be paid by the Developer; 8. Bond Counsel, and such investment bankers as may be selected by the Developer with the consent of the HRA, are authorized to assist in the preparation and review of necessary documents relating to the Project and the financing program therefor, to consult with the City Attorney, Developer and purchasers of the Bonds (or trustee for the purchasers of the Bonds) as to the maturities, interest rates and other terms and provisions of the Bonds and as to the covenants and other provisions of the necessary documents and submit such documents to the HRA for final approval; 9. Nothing in this Resolution or the documents prepared pursuant hereto shall authorize the expenditure of any municipal funds on the Project other than the revenues derived from the Project or otherwise granted to the City or HRA for this purpose. The Bonds shall not constitute a charge, lien or encumbrance, legal or equitable, upon any property or funds of the City or HRA except the revenue and proceeds pledged to the payment thereof, nor shall the City or HRA be subject to any liability thereon. The holder of the Bonds shall never have the right to compel any exercise of the taxing power of the City or HRA to pay the outstanding principal on the Bonds or the interest thereon, or to enforce payment thereon against any property of the City or HRA. The Bonds shall recite in substance that Bonds, including the interest thereon, are payable solely from the revenue and proceeds pledged to the payment thereof. The Bonds shall not constitute a debt of the City or HRA within the meaning of any constitutional or statutory limitation.