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01-370council File # O l— 3�1� ��lGI�lAL Resolution # Green Sheet # �(].5 9 3 �e 1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 RESOLUTION CITY OF SAINT PAUL, MINNESOTA Presented By Referred To Committee: Date 15 Authorizing Amendment to Redevelopment Contract with RK Midway LLC (Midway Shopping Center), District 13 WF�REAS, the City of Saint Paul, the Aousing and Redevetopment Authority ("HRA"), and RK Midway LLC ("Developer") entered into a Conbract for Private Redevelopment dated July 31, 1998 ("Contract") which provided a funding mechanism for up to $1,596,000 in grants and loans to fund pollution clean-up costs of the 4.7 acre "rear pazcel" of the Midway Shopping Center at Snelling and University Avenues; and WIIEREAS, the Developer initiated and completed a Voluntary Remediation Action Plan approved by the Minnesota Pollution Control Agency and is cunently performing monitoring obligations to assess the results of the remediation; and WHEREAS, Metro Transit owns an approximately I 1 acre site adjacent to the Midway Center property which is used as a bus gazage facility, and Metro Transit is currently developing a new bus parking and maintenance facility which is scheduled for completion in September, 2001 which will replace the Snelling/I-94 bus garage, and Metro Transit will demolish the existing garage structure and complete environmental remediation of the site by mid-2002; and WI-IEREAS, the Developer and Metro Transit have completed studies exploring the potential for a mixed-use joint redevelopment of the combined 15 acre site, which would include a new, smaller facility for approximately 100 buses, as well as private commercial uses, and the Developer is interested in being the private development partner in the joint development of the site; and WF�REAS, Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site, but that given the careful planning which will be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin; and WF�REAS, the Redevelopment Contract with the Developer requires that construction on the "rear pazcel" of Midway Shopping Center be completed by June 1, 2002, but the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site in coordination with Metro Transit justifies an extension of the Developer's deadline for conshuction by Amendment to the Contract; and WIIEREAS, the Board of the HRA approved the Amendment to the Contract extending the deadline for completion of improvements by Resolution No. Ol-3l14-6 on Mazch 14, 2001. RESOLVED, that upon recommendation of the Mayor, the Council of the City of Saint Paul approves an Amendment to the Contract for Private Redevelopment with RK Midway, LLC extending the deadline for completion of improvements to November 1, 2004 and authorizes the appropriate officers of the City to execute the Amendment with the advice of the CiTy Attorney. QRIGi�l�L ot•3�o Requested by Department of: Adopted by Council: Date �� � � Adoption Certified by Council Secretaxy By �� � Approved by Mayor: Date C/l �7 �/ BY � _ Plannin4 & Economic Development By: Form Approved by City yi'Etorney �, � � By. �� t./ Approved by Mayor for Submission to Council B i �/(/�(J�'_' ✓ o�_��o GREEN SHEET Steve Thompson 6-6641 �.n� �ax� wx RqRY1G TOTAL � OF SIGNATURE PAGES No 10�936 ... nv.R�n� orrcano�_ � anwnmev � � arca�cwK _ Y ❑ nnxCw.aERYleuon. ❑ w+YloRfiAll/�Caa � wraeaeusnwn _��� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) Approve City Council Resolution amending contract with R K Midway, LLC (Midway Shopping Center) to extend deadline for construction. Approved by HRA BOard by Res. N0. 01-3/14-6. PIANNING COMMISSION d6 CAMMIITEE CIVIL SERVICE COMMISSION HRA BOaY$ Hes mic �ersoMxm r.�erwari�d unae. a canhact ror mis ae�rtmenrr VES NO Has ihie peworvfirm e�er been a cRY emdoyae9 YES NO Does Mic D��m W�s a slnn not riomia➢YP� bY anY artent eRY empbyee? VES NO la thia paeoNfi�m ata'petetl ventloR YES NO �ain all vee ancv,era on aeca�ate sl�eet end eCach to➢reen sheM Metro Transit owns adjacent 11 acre site and is engaged in process which will lead to redevelopment of its property. Extending R K Midway schedule for construction allows time £or coordinated process for an intergrated development to maximize potential of combined site Allows time for coordinated planning and redevlopment process for a prime site in city None Opportunity lost for coordinated development process auNr oF rnnpsacna� s N/A SOURCE INFORMAl10N(E%PWN) N/A ������ �IA� c r 2'"; COST/ItEYQ7UE BUDOEfED (GRfAE ON� � l I�• YEE NO ! s� �r Ol- HOUSING AND REDEVEIOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, MINNESOTA REPORT TO THE COMMISSIONERS DATE March 14, 2001 REGARDING Amendment of Redevelopment Contract with RK Midway, LLC (Midway Shopping Center), District 13 The purpose of this report is to request authorization for an amendment to the Contract for Private Redevelopment between HRA, the City of Saint Paul, and RK Midway LLC, owner of the Midway Shopping Center at Snelling and University Avenue. The amendment would extend the Developer's deadline for construction on the 4,7 acre "rear parcel" of the Midway Shopping Center property adjacent to the 11 acre Metro Transit Bus Garage site at Snelling and I-94. The extension would allow time for the coordination of the redevelopment of the entire 15 acre combined site in order to realize its potential. Background As more fully described in the attached letter from Paula Goodman Maccabee on behalf of RK Midway (Developer), the HRA, the City and RK Midway entered into a Contract for Private Redevelopment dated July 31, 1998 which provided a funding mechanism for up to $1,596,000 in grants and loans to fiznd pollution clean-up costs pursuant to a Voluntary Remediation Action Plan (RAP) approved by the Minnesota Pollution Control Agency (MPCA). The Developer initiated and completed the RAP, and is currently performing monitoring obligations to assess the results of the remediation. Metro Tansit owns the approximately 11 acre site adjacent to the Midway Center property. The Metro Transit properiy is used as a bus garage facility. Metro Transit is cunently developing a new bus parking and maintenance facility at Mississippi and Cayuga Streets which is scheduled for completion in September, 2001. When the new facility is completed, Metro Transit wi11 relocate its operations from the Snelling site, demolish the gazage structure, and complete environmental remediation of the Snelling/I-94 properiy. This process is expected to be complete by mid-2002. Both the Developer and Metro Transit have completed studies exploring the potential for a mixed-use redevelopment of the total 15 acre combined site to realize its potential. Metro Transit intends to construct a new, smaller facility for approximately 100 buses, and is interested in a joint development to include private uses as part of the development program. The Midway Chamber of Commerce has been actively involved in setting goals for a master planned mixed- use development of the site. RK Midway is very interested in being the private development partner in the joint development of the site. 0 Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site. Given the careful planning �vhich �vill be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin. However, the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site should just3fy an extension of the Developer's deadline for construction. Proposed Amendment The proposed amendment to the Redevelopment Agreement �vould extend the deadline for completion of construction on the "reaz parcel" of the Midway Center property from June 1, 2002 to November 1, 2004. Additionally, the Developer would agree to respond to the RFP to be issued by Metro Transit or the Metropolitan Council and to negotiate in good faith over the financial, shared land use and other key terms of a joint development undertaking. Recommendation Considering the opportunity to achieve an integrated development which realizes the potential of the entire 15 acre site, staff recommends that the Redevelopment Agreement �cith RK Midway, LLC be amended to extend the deadline for completing construction until November 1, 2004. A Resolution is attached for the Board's consideration and approval. Steve Thompson Downtown Team Sponsor: Councilmember Benanav council File # O l— 3�1� ��lGI�lAL Resolution # Green Sheet # �(].5 9 3 �e 1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 RESOLUTION CITY OF SAINT PAUL, MINNESOTA Presented By Referred To Committee: Date 15 Authorizing Amendment to Redevelopment Contract with RK Midway LLC (Midway Shopping Center), District 13 WF�REAS, the City of Saint Paul, the Aousing and Redevetopment Authority ("HRA"), and RK Midway LLC ("Developer") entered into a Conbract for Private Redevelopment dated July 31, 1998 ("Contract") which provided a funding mechanism for up to $1,596,000 in grants and loans to fund pollution clean-up costs of the 4.7 acre "rear pazcel" of the Midway Shopping Center at Snelling and University Avenues; and WIIEREAS, the Developer initiated and completed a Voluntary Remediation Action Plan approved by the Minnesota Pollution Control Agency and is cunently performing monitoring obligations to assess the results of the remediation; and WHEREAS, Metro Transit owns an approximately I 1 acre site adjacent to the Midway Center property which is used as a bus gazage facility, and Metro Transit is currently developing a new bus parking and maintenance facility which is scheduled for completion in September, 2001 which will replace the Snelling/I-94 bus garage, and Metro Transit will demolish the existing garage structure and complete environmental remediation of the site by mid-2002; and WI-IEREAS, the Developer and Metro Transit have completed studies exploring the potential for a mixed-use joint redevelopment of the combined 15 acre site, which would include a new, smaller facility for approximately 100 buses, as well as private commercial uses, and the Developer is interested in being the private development partner in the joint development of the site; and WF�REAS, Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site, but that given the careful planning which will be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin; and WF�REAS, the Redevelopment Contract with the Developer requires that construction on the "rear pazcel" of Midway Shopping Center be completed by June 1, 2002, but the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site in coordination with Metro Transit justifies an extension of the Developer's deadline for conshuction by Amendment to the Contract; and WIIEREAS, the Board of the HRA approved the Amendment to the Contract extending the deadline for completion of improvements by Resolution No. Ol-3l14-6 on Mazch 14, 2001. RESOLVED, that upon recommendation of the Mayor, the Council of the City of Saint Paul approves an Amendment to the Contract for Private Redevelopment with RK Midway, LLC extending the deadline for completion of improvements to November 1, 2004 and authorizes the appropriate officers of the City to execute the Amendment with the advice of the CiTy Attorney. QRIGi�l�L ot•3�o Requested by Department of: Adopted by Council: Date �� � � Adoption Certified by Council Secretaxy By �� � Approved by Mayor: Date C/l �7 �/ BY � _ Plannin4 & Economic Development By: Form Approved by City yi'Etorney �, � � By. �� t./ Approved by Mayor for Submission to Council B i �/(/�(J�'_' ✓ o�_��o GREEN SHEET Steve Thompson 6-6641 �.n� �ax� wx RqRY1G TOTAL � OF SIGNATURE PAGES No 10�936 ... nv.R�n� orrcano�_ � anwnmev � � arca�cwK _ Y ❑ nnxCw.aERYleuon. ❑ w+YloRfiAll/�Caa � wraeaeusnwn _��� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) Approve City Council Resolution amending contract with R K Midway, LLC (Midway Shopping Center) to extend deadline for construction. Approved by HRA BOard by Res. N0. 01-3/14-6. PIANNING COMMISSION d6 CAMMIITEE CIVIL SERVICE COMMISSION HRA BOaY$ Hes mic �ersoMxm r.�erwari�d unae. a canhact ror mis ae�rtmenrr VES NO Has ihie peworvfirm e�er been a cRY emdoyae9 YES NO Does Mic D��m W�s a slnn not riomia➢YP� bY anY artent eRY empbyee? VES NO la thia paeoNfi�m ata'petetl ventloR YES NO �ain all vee ancv,era on aeca�ate sl�eet end eCach to➢reen sheM Metro Transit owns adjacent 11 acre site and is engaged in process which will lead to redevelopment of its property. Extending R K Midway schedule for construction allows time £or coordinated process for an intergrated development to maximize potential of combined site Allows time for coordinated planning and redevlopment process for a prime site in city None Opportunity lost for coordinated development process auNr oF rnnpsacna� s N/A SOURCE INFORMAl10N(E%PWN) N/A ������ �IA� c r 2'"; COST/ItEYQ7UE BUDOEfED (GRfAE ON� � l I�• YEE NO ! s� �r Ol- HOUSING AND REDEVEIOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, MINNESOTA REPORT TO THE COMMISSIONERS DATE March 14, 2001 REGARDING Amendment of Redevelopment Contract with RK Midway, LLC (Midway Shopping Center), District 13 The purpose of this report is to request authorization for an amendment to the Contract for Private Redevelopment between HRA, the City of Saint Paul, and RK Midway LLC, owner of the Midway Shopping Center at Snelling and University Avenue. The amendment would extend the Developer's deadline for construction on the 4,7 acre "rear parcel" of the Midway Shopping Center property adjacent to the 11 acre Metro Transit Bus Garage site at Snelling and I-94. The extension would allow time for the coordination of the redevelopment of the entire 15 acre combined site in order to realize its potential. Background As more fully described in the attached letter from Paula Goodman Maccabee on behalf of RK Midway (Developer), the HRA, the City and RK Midway entered into a Contract for Private Redevelopment dated July 31, 1998 which provided a funding mechanism for up to $1,596,000 in grants and loans to fiznd pollution clean-up costs pursuant to a Voluntary Remediation Action Plan (RAP) approved by the Minnesota Pollution Control Agency (MPCA). The Developer initiated and completed the RAP, and is currently performing monitoring obligations to assess the results of the remediation. Metro Tansit owns the approximately 11 acre site adjacent to the Midway Center property. The Metro Transit properiy is used as a bus garage facility. Metro Transit is cunently developing a new bus parking and maintenance facility at Mississippi and Cayuga Streets which is scheduled for completion in September, 2001. When the new facility is completed, Metro Transit wi11 relocate its operations from the Snelling site, demolish the gazage structure, and complete environmental remediation of the Snelling/I-94 properiy. This process is expected to be complete by mid-2002. Both the Developer and Metro Transit have completed studies exploring the potential for a mixed-use redevelopment of the total 15 acre combined site to realize its potential. Metro Transit intends to construct a new, smaller facility for approximately 100 buses, and is interested in a joint development to include private uses as part of the development program. The Midway Chamber of Commerce has been actively involved in setting goals for a master planned mixed- use development of the site. RK Midway is very interested in being the private development partner in the joint development of the site. 0 Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site. Given the careful planning �vhich �vill be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin. However, the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site should just3fy an extension of the Developer's deadline for construction. Proposed Amendment The proposed amendment to the Redevelopment Agreement �vould extend the deadline for completion of construction on the "reaz parcel" of the Midway Center property from June 1, 2002 to November 1, 2004. Additionally, the Developer would agree to respond to the RFP to be issued by Metro Transit or the Metropolitan Council and to negotiate in good faith over the financial, shared land use and other key terms of a joint development undertaking. Recommendation Considering the opportunity to achieve an integrated development which realizes the potential of the entire 15 acre site, staff recommends that the Redevelopment Agreement �cith RK Midway, LLC be amended to extend the deadline for completing construction until November 1, 2004. A Resolution is attached for the Board's consideration and approval. Steve Thompson Downtown Team Sponsor: Councilmember Benanav council File # O l— 3�1� ��lGI�lAL Resolution # Green Sheet # �(].5 9 3 �e 1 2 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 RESOLUTION CITY OF SAINT PAUL, MINNESOTA Presented By Referred To Committee: Date 15 Authorizing Amendment to Redevelopment Contract with RK Midway LLC (Midway Shopping Center), District 13 WF�REAS, the City of Saint Paul, the Aousing and Redevetopment Authority ("HRA"), and RK Midway LLC ("Developer") entered into a Conbract for Private Redevelopment dated July 31, 1998 ("Contract") which provided a funding mechanism for up to $1,596,000 in grants and loans to fund pollution clean-up costs of the 4.7 acre "rear pazcel" of the Midway Shopping Center at Snelling and University Avenues; and WIIEREAS, the Developer initiated and completed a Voluntary Remediation Action Plan approved by the Minnesota Pollution Control Agency and is cunently performing monitoring obligations to assess the results of the remediation; and WHEREAS, Metro Transit owns an approximately I 1 acre site adjacent to the Midway Center property which is used as a bus gazage facility, and Metro Transit is currently developing a new bus parking and maintenance facility which is scheduled for completion in September, 2001 which will replace the Snelling/I-94 bus garage, and Metro Transit will demolish the existing garage structure and complete environmental remediation of the site by mid-2002; and WI-IEREAS, the Developer and Metro Transit have completed studies exploring the potential for a mixed-use joint redevelopment of the combined 15 acre site, which would include a new, smaller facility for approximately 100 buses, as well as private commercial uses, and the Developer is interested in being the private development partner in the joint development of the site; and WF�REAS, Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site, but that given the careful planning which will be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin; and WF�REAS, the Redevelopment Contract with the Developer requires that construction on the "rear pazcel" of Midway Shopping Center be completed by June 1, 2002, but the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site in coordination with Metro Transit justifies an extension of the Developer's deadline for conshuction by Amendment to the Contract; and WIIEREAS, the Board of the HRA approved the Amendment to the Contract extending the deadline for completion of improvements by Resolution No. Ol-3l14-6 on Mazch 14, 2001. RESOLVED, that upon recommendation of the Mayor, the Council of the City of Saint Paul approves an Amendment to the Contract for Private Redevelopment with RK Midway, LLC extending the deadline for completion of improvements to November 1, 2004 and authorizes the appropriate officers of the City to execute the Amendment with the advice of the CiTy Attorney. QRIGi�l�L ot•3�o Requested by Department of: Adopted by Council: Date �� � � Adoption Certified by Council Secretaxy By �� � Approved by Mayor: Date C/l �7 �/ BY � _ Plannin4 & Economic Development By: Form Approved by City yi'Etorney �, � � By. �� t./ Approved by Mayor for Submission to Council B i �/(/�(J�'_' ✓ o�_��o GREEN SHEET Steve Thompson 6-6641 �.n� �ax� wx RqRY1G TOTAL � OF SIGNATURE PAGES No 10�936 ... nv.R�n� orrcano�_ � anwnmev � � arca�cwK _ Y ❑ nnxCw.aERYleuon. ❑ w+YloRfiAll/�Caa � wraeaeusnwn _��� ❑ (CLIP ALL LOCATIONS FOR SIGNATURE) Approve City Council Resolution amending contract with R K Midway, LLC (Midway Shopping Center) to extend deadline for construction. Approved by HRA BOard by Res. N0. 01-3/14-6. PIANNING COMMISSION d6 CAMMIITEE CIVIL SERVICE COMMISSION HRA BOaY$ Hes mic �ersoMxm r.�erwari�d unae. a canhact ror mis ae�rtmenrr VES NO Has ihie peworvfirm e�er been a cRY emdoyae9 YES NO Does Mic D��m W�s a slnn not riomia➢YP� bY anY artent eRY empbyee? VES NO la thia paeoNfi�m ata'petetl ventloR YES NO �ain all vee ancv,era on aeca�ate sl�eet end eCach to➢reen sheM Metro Transit owns adjacent 11 acre site and is engaged in process which will lead to redevelopment of its property. Extending R K Midway schedule for construction allows time £or coordinated process for an intergrated development to maximize potential of combined site Allows time for coordinated planning and redevlopment process for a prime site in city None Opportunity lost for coordinated development process auNr oF rnnpsacna� s N/A SOURCE INFORMAl10N(E%PWN) N/A ������ �IA� c r 2'"; COST/ItEYQ7UE BUDOEfED (GRfAE ON� � l I�• YEE NO ! s� �r Ol- HOUSING AND REDEVEIOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, MINNESOTA REPORT TO THE COMMISSIONERS DATE March 14, 2001 REGARDING Amendment of Redevelopment Contract with RK Midway, LLC (Midway Shopping Center), District 13 The purpose of this report is to request authorization for an amendment to the Contract for Private Redevelopment between HRA, the City of Saint Paul, and RK Midway LLC, owner of the Midway Shopping Center at Snelling and University Avenue. The amendment would extend the Developer's deadline for construction on the 4,7 acre "rear parcel" of the Midway Shopping Center property adjacent to the 11 acre Metro Transit Bus Garage site at Snelling and I-94. The extension would allow time for the coordination of the redevelopment of the entire 15 acre combined site in order to realize its potential. Background As more fully described in the attached letter from Paula Goodman Maccabee on behalf of RK Midway (Developer), the HRA, the City and RK Midway entered into a Contract for Private Redevelopment dated July 31, 1998 which provided a funding mechanism for up to $1,596,000 in grants and loans to fiznd pollution clean-up costs pursuant to a Voluntary Remediation Action Plan (RAP) approved by the Minnesota Pollution Control Agency (MPCA). The Developer initiated and completed the RAP, and is currently performing monitoring obligations to assess the results of the remediation. Metro Tansit owns the approximately 11 acre site adjacent to the Midway Center property. The Metro Transit properiy is used as a bus garage facility. Metro Transit is cunently developing a new bus parking and maintenance facility at Mississippi and Cayuga Streets which is scheduled for completion in September, 2001. When the new facility is completed, Metro Transit wi11 relocate its operations from the Snelling site, demolish the gazage structure, and complete environmental remediation of the Snelling/I-94 properiy. This process is expected to be complete by mid-2002. Both the Developer and Metro Transit have completed studies exploring the potential for a mixed-use redevelopment of the total 15 acre combined site to realize its potential. Metro Transit intends to construct a new, smaller facility for approximately 100 buses, and is interested in a joint development to include private uses as part of the development program. The Midway Chamber of Commerce has been actively involved in setting goals for a master planned mixed- use development of the site. RK Midway is very interested in being the private development partner in the joint development of the site. 0 Metro Transit is expected to issue an RFP for a development consultant later this year as a preliminary to soliciting proposals for joint development of its site. Given the careful planning �vhich �vill be required to integrate transit uses with mixed-use commercial development, it may be 2-3 yeazs before the private development can begin. However, the opportunity to achieve an integrated development that best captures the potential of the entire 15 acre site should just3fy an extension of the Developer's deadline for construction. Proposed Amendment The proposed amendment to the Redevelopment Agreement �vould extend the deadline for completion of construction on the "reaz parcel" of the Midway Center property from June 1, 2002 to November 1, 2004. Additionally, the Developer would agree to respond to the RFP to be issued by Metro Transit or the Metropolitan Council and to negotiate in good faith over the financial, shared land use and other key terms of a joint development undertaking. Recommendation Considering the opportunity to achieve an integrated development which realizes the potential of the entire 15 acre site, staff recommends that the Redevelopment Agreement �cith RK Midway, LLC be amended to extend the deadline for completing construction until November 1, 2004. A Resolution is attached for the Board's consideration and approval. Steve Thompson Downtown Team Sponsor: Councilmember Benanav