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HomeMy WebLinkAboutEDA AGN 08-23-05 CITY OF COLUMBIA HEIGHTS 590 40th Avenue N.E., Columbia Heights, MN 55421-3878 (763) 706-3600 TDD (763) 706-3692 Visit Our Website at: www.ci.columbia-hei8hts.mn.us EDA COMMISSIONERS Don Murzyn Jr. Patricia Jindra Bruce Kelzenberg Gary L. Peterson Bruce Nawrocki Bobby Williams Tarrunera Ericson Diehm ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING 7:00 P.M., TUESDAY, AUGUST 23, 2005 CITY HALL, CONFERENCE ROOM 1 AGENDA 1. CALL TO ORDERlROLL CALL 2. PLEDGE OF ALLEGIANCE. 3. CONSENT AGENDA. (These items are considered to be routine by the EDA Board of Commissioners and will be enacted as part ofthe Consent Agenda by one motion.) A. MOTION: Move to approve the consent ae:enda items as listed below: 1) Approve EDA Meetine: Minutes for Julv 26. 2005. MOTION: Move to approve the minutes of the July 26,2005 regular EDA Meeting as presented. 2) Approve the Financial Report and Payment of Bills MOTION: Move to approve Resolution 2005-12, a Resolution of the Columbia Heights Economic Development Authority (EDA) approving the financial statement and payment of bills for the month of July, 2005. 4. ITEMS FOR CONSIDERATION A. 49th & Central Avenue Redevelopment Site MOTION: Move to approve the Preliminary Development Agreement between the Columbia Heights Economic Development Authority and Anderson Builders; and furthermore to authorize the President and Executive Director to enter into an agreement for the same. 5. ADMINISTRATIVE REPORTS 6. ADJOURNMENT Walter R. Fehst, Executive Director H:\edaAgenda2005\8-23-2005 The EDA does not discriminate on the basis of disability in the admission or access to, or treatment or employment in, its accommodation will be provided to allow individuals with disabilities to participate in all EDA services, programs, and activities. Auxiliary aids for handicapped persons are available upon request when the request is made at least 96 hours in advance. Please call the EDA Secretary at 706-3669 to make arrangements (TDD 706-2806) for deaf or hearing impaired only. THE CITY OF COLUMBIA HEIGHTS DOES NOT DISCRIMINATE ON THE BASIS OF DISABILITY IN EMPLOYMENT OR THE PROVISION OF SERVICES EQUAL OPPORTUNITY EMPLOYER ECONOMIC DEVELOPMENT AUTHORITY (EDA) REGULAR MEETING MINUTES JULY 26, 2005 CALL TO ORDER/ROLL CALL Vice President, Jindra called the meeting to order at 7 :04 p.m. Present: Patricia Jindra, Bobby Williams and Bruce Nawrocki, Tammera Ericson Diehm, Gary L. Peterson and Bruce Kelzenberg Absent: Don Murzyn Jr. PLEDGE OF ALLEGIANCE CONSENT AGENDA Approval of Minutes Financial Report and Payment of Bills Motion by Ericson Diehm, second by Kelzenberg, to adopt the consent agenda items as listed. All ayes. Motion Carried. PUBLIC HEARING Resolution 2005-11. Authorizine: the Sale of Proper tv to Huset Park Development Corporation Schumacher stated the Columbia Heights EDA is the owner of the Steel Tech property in the Industrial Park through eminent domain. The City needs to hold this public hearing to meet the requirements of the agreement to transfer the property to the developer. Nawrocki asked how much money is in escrow and does the developer get reimbursed. Schumacher stated there was approximately $477,000 for the appraisal of the property and equipment in the building, which the developer will reimburse to the City. City Attorney, Steve Bubul, stated the reimbursement to the developer is a part of the TIF agreement in an amount not to exceed 17.9 million, which could be subject to adjustment in the end depending on how the final costs come out. Motion by Williams, second by Kelzenberg, to open the Public Hearing. All ayes. Motion Carried. There were no public comments. Motion by Williams, second by Ericson Diehm, to close the Public Hearing. All ayes. Motion Carried. Motion by Williams, second by Ericson Diehm, to Adopt Resolution 2005-11, Authorizing the Sale of Property to the Huset Park Development Corporation; and furthermore, to authorize the President and Executive Director to enter into an agreement for the same. Upon vote: Jindra- aye, Kelzenberg- aye, Nawrocki- nay, Williams-aye, Ericson Diehm-aye, Peterson- aye. Motion Carried. ITEMS FOR CONSIDERATION Approval and Modifications to the Schafer Richardson Contract for Private Development Schumacher stated under Section 8.2 of the Development Agreement, Schafer Richardson is allowed to transfer portions of the redevelopment property to qualified sub-developers upon Economic Development Authority Meeting Minutes July 26, 2005 Page 2 of6 approval of the EDA board and may assign certain rights and obligations to the sub-developers in connection with such a transfer. At this time, Schafer Richardson is proposing a transfer of a portion of the redevelopment property to Ryland Homes Inc. and proposes to assign some of it's rights and obligations. The City's legal counsel, Steve Bubul has reviewed the documents and is here to answer any questions the board may have. Steve Bubul stated the refinancing note works by: 1) EDA issuing TIF notes to the developer, which will be paid back to the City over the period of time after the development is finished; 2) Tax Increment Revenue Bonds will be issued through the bank, payable only with the tax increment coming in; and 3) the interest on taxes will be lower for the financing. Bubu/ stated Ryland will put money forth, the developer can take the TIF note from the city to the bank stating that the City will reimburse them in future years through the Tax Increment Note. There is a provision in the contract states the 17.9 amount will be looked at and if that amount is higher than expected, the dollar amount for the note will be adjusted to fit. This would be all of the development costs, but excluding the building. Nawrocki asked how much of the 17.9 will Ryland get. Evan Rice, Faegre and Benson stated it was approximately 7.9%. Nawrocki stated on page two, completion date, are we talking about the individual lots or the overall development. Bubul stated the board just needs to be a signatory to Schafer Richardson transferring approx. 60 percent over to Ryland, which is in the contract the EDA has with Schafer Richardson. Rice stated Schafer came to the city with the notion of compiling the various properties, came to the city to develop a contract to help obtain the properties and develop what the city wants on the site. It was contemplated from the beginning that Schafer Richardson would possibly build some or all of the property in that area, tonight we are coming to the EDA to approve the sale of a portion of the development property to Ryland for development, the contract between Schafer Richardson and Ryland states they will comply with all of the development agreement specifications. Ryland is basically buying a pad from Schafer Richardson that has already been flattenedfor development of the site. The agreement changes the DEED grant specifications from a 20% requirement to a 10% requirement, which is what the City was looking for in the development agreement, to make sure not only one developer uses the land for development and the City can specify what type of development they want on the site. Nawrocki asked who would be responsible for the utilities and street costs. Streetar stated it would be Schafer Richardson per the development agreement. Nawrocki stated on page 9, letter E real estate taxes against the property, would this be based on the sale of individual lots. Rice stated as a example that Schafer buys properties today from Ryland, so Schafer would be responsible for the taxes up until today and Ryland would be responsible for taxes starting tomorrow. Ericson Diehm stated she didn't know why we don't know what we are getting, it was in the development agreement that we approved, Mr. Nawrocki you are the one that went out and looked at some of their properties and brought them to our attention. Nawrocki stated he Economic Development Authority Meeting Minutes July 26, 2005 Page 3 of6 doesn't know what we are getting. Williams stated he understood what we approved, wasn't concerned with the agreement between Schafer and Ryland as Schafer will be responsible for this, and that we should only be concerned with the money coming into the City. Bubul stated that is the main thing, the TIF funds coming in. Williams stated we could go over the agreement 100 times with Schafer Richardson and Ryland and it still wouldn't make a difference with the funds that the City will receive and that they are a big company and have built all over the United States, therefore we shouldn't worry about this. Nawrocki stated on page 12, moratorium, we have 2 moratoriums in the City currently, twin homes and car sales, does this affect this housing. Streetar stated it does. Nawrocki stated under A -1 legal description of property, is there some kind of description to be added to the document. Bubul stated it would be added. Nawrocki stated under C-1 site plan is 5th street going to continue to go through or not. Kevin Hansen, Public Works Director stated it goes from 3 ih to 38th, and that it will connect to Huset Parkway from the north. Nawrocki stated he has brought it up in the past whether this project could be specified as owner occupied and was told they couldn't do it. He has talked to Fridley and they stated there is a way to do it. Streetar stated in Fridley the developer did that on his own and that Ryland could also put this in the homeowner agreement. Fehst stated he talked to the City Manager of Fridley and verified that the developer put this in their agreement with the homeowners and that he felt this was a good issue and was glad Nawrocki brought this up. Ericson Diehm stated for the record that the firm she works for does represent Ryland homes, but she doesn't have any direct affiliation with them. Motion by Williams, second by Kelzenberg, to Approve the letter for Modifications to the Schafer Richardson Contract for Private Development dated July 8,2005, and authorize the authorities representative to execute same. Upon Vote: Jindra-aye, Williams-aye, Kelzenberg-aye, Nawrocki-nay, Ericson Diehm-aye, Peterson-aye. Motion Carried. Sarna Development Ae:reement- 40th & Universitv Schumacher stated as of April 26th EDA meeting Jim Sarna and the Solz brothers presented a concept plan for 4dh & University, the board approved the Preliminary Development agreement on June 2tfh and directed staff to work with the Sarna's to prepare a Development agreement. Staff is recommending the following business points be discussed: 1) Purchase price- of $75,000 cash upon closing; 2) platting- would be required on all property and would go before the Planning Commission; 3) Lookout Place- the City would use administrative action to vacate Lookout Place, along with physical removal of the street section and when the City vacates the property we would be required to give the adjacent property owner 3.5 feet; 4) 322 4dh Ave, the old MGS building- the developer would be responsible for the removal of the building and clearing of the land; 5) the alley- the developer requested bringing it to the easterly portion, Economic Development Authority Meeting Minutes July 26, 2005 Page 4 of6 when the City sold the property at 325 summit to Mr. Gondek he was aware the portion was broke off to be used for redevelopment; 6) Ponding- the City's stormwater management ordinance allows a monetary fee to be paid in lieu of providing the system. Kevin Hansen stated the problem with the existing pipe is that it isn't large enough to handle the amount of water generated from this development, so the pipe would need to be replaced with a larger one; 7) University Avenue turn-back- staff is working with MNDOT to vacate the east 30 feet of University Avenue, which would we would turn back over to the adjacent property owners abutting this roadway at no cost to the City for removal of the bituminous or any landscaping; 8) New access for 3901 Lookout Place (ME Global)- it would be the responsibility of the developer to provide an alternative access point onto Lookout Place; 9) sidewalk- would be at the developers expense and meeting all city requirements; 10) 334 4dh Avenue (Gondek property)- the developer would agree to enter into an easement to grant access through the development property to access their existing driveway/garage; 11) design guidelines- the developer must meet all existing requirements; and 12) Variance-the parking set back on the site plan adjacent to University Avenue shows 5 feet, our City Ordinance requires 15 feet, Sarna is requesting a variance as there will be an additional 30 foot green area between the parking lot and University Avenue with the vacation of the frontage road. Nawrocki asked where would the pond be placed and why doesn't MNDOT want to let that property go. Kevin Hansen stated the pond would be a part of the Phase I plat of Huset Park. Schumacher stated MNDOT couldn't answer that question, but did say they may want to use it someday. Williams stated the Sarna's could get a lease on the property from MNDOT, as he leases property at one of his gas stations, you can't put any structures on it, but could rent it and put in shrubs or trees. Resident, Joyce Shellito, 403 Summit Street, asked where the stormwater drain in the alley behind her house goes, and if they change the size of the pipe who would be responsible to pay for it. Hansen stated it goes through part of the alley, down through her property, then to the East down Summit to 5th Street, which the developer would be responsible for all costs incurred. Williams asked Gondek why he doesn't give the developer a first right of refusal agreement. Gondek stated he has already signed one with someone else that is interested in his property, when he is ready to sell. He has 5,000 ft of space in the basement of his building that would be no good to anyone if he can't get into that garage door, that he has been trying to meet with the Sarna's for the past couple of months and has always been told that they would call him and this never happened, Schumacher stated the alley would be 6.8 ft away from the house, which reduces the value of his property. Sarna stated he is willing to meet with Mr Gondek and would talk to him after the meeting to make arrangements. Williams stated Gondek new when we sold him the property that we would be using that area for development and asked what the City Ordinance states the requirements are for easement are. Schumacher stated this would all be addressed at the Planning and Zoning Commission meeting at a later date. Economic Development Authority Meeting Minutes July 26, 2005 Page 5 of6 Streetar stated in regards to the parking, there is more than enough parking and can be shared through a shared parking arrangement, rather that try to split it. Streetar stated staffis really lookingfor direction from the board on: 1) is the restaurant what you want on this corner; 2) does the development agreement meet your requirements; and 3) is there any more information that you want. Nawrocki stated his concerns are: 1) it isn't a restaurant, it's a sports bar; 2) they are talking a 6,000 sq foot building, and in the future making the basement available for rental, which would require more parking spaces, then between the deck and regular restaurant, there wouldn't be enough parking spaces; 3) he heard they offered approx. $550,000for the Mr. Steak property and now we are talking about selling the property for $75,000, which is a steal, we need a better appraisal for the land; and 4) need an agreement for the ponding space. Nawrocki asked if the access would be coming off of 4dh and if so, is that the only access and would the sidewalk be adjacent to the street line. Hanson stated the access would be on 4dh and it would be the only one and the sidewalk would be 5 feet so it would meet up with the rest of the side walking on 4dh. Peterson stated these issues are apart of the design guidelines the planning commission will address, we had a study (the McComb study) done, which stated a restaurant was the type of facility that would profit at that site. Back when he was going to purchase the property, he was going to pay $75,000 but wasn't going to pay for the curb costs, ponding, demolition of the building, and sidewalk changes. It is not a real good buildable site, and we won't get another builder to look at this site if we let this agreement go. Gondek asked the board to remove the termination clause for the easement. Williams stated this is just an agreement to develop, and that the Planning and Zoning Commission would be addressing the easement issue. He measured a total of 35 feet that he needs to access his garage door. Schumacher stated the developer needs to move ahead and need this agreement signed in order to assure them spending a lot of money on this development. Williams felt we need to abide with the commitment that they made with Gondek for the easement and he would support the motion. Ericson Diehm stated we should have a meeting with staff, Mr. Gondek and the developers. Motion by Peterson, second by Kelzengerg, to Approve a Development Agreement with David M. Sarna, James A. Sarna and James J. Sarna for the redevelopment of the City owned property at 40th & University area as outlined in the business points of the staffmemo, subject to EDA Board amendments and modifications, and furthermore; to authorize the President and Executive Director to enter into an agreement for the same. Upon Vote: Jindra-aye, Nawrocki-nay, Ericson Diehm-aye, Kelzenberg-aye, Williams-aye, Peterson-aye. Motion Carried. Amendment to motion by Williams, second by Nawrocki, to strike the clause for the easement. All ayes. Motion Carried. Economic Development Authority Meeting Minutes July 26, 2005 Page 6 of6 Gordy So/z stated they could work with Mr. Gondek, but the Sarna's would like to talk to their attorney on this issue. Other Business Nawrocki objects to having public meetings without finding out if all of the members of the board can attend the meeting, and common sense is that we should insure this. ADMINISTRATIVE REPORTS- None ADJOURNMENT Vice President, Jindra, adjourned the meeting at 9:16 p.m. Respectfully submitted, Cheryl Bakken Community Development Secretary H: \EDAminutes2005\ 7 -26-2005 COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY (EDA) Meeting of: August 23,2005 AGENDA SECTION: Consent Agenda ORIGINATING EXECUTIVE NO: DEPARTMENT: EDA DIRECTOR APPROVAL ITEM: Financial Report and Payment of Bills BY: Cher Bakken BY: DATE: August 16,2005 BACKGROUND: The bound Financial Report for the month of July 2005 draft Resolution 2005-12 is attached for review. The enclosed Financial Report lists the Summary (white), the Check History (Green), the Expenditure Guideline with Detail (blue) and Revenue Guideline with detail (yellow) for each fund and department and the Parkview Villa North and South financials (white). The reports cover the activity in the calendar (fiscal) year from January 1 through July 31,2005. RECOMMENDATION: Staff will be available to answer specific questions. If the report is satisfactorily complete, we recommend the Board take affirmative action to receive the Financial Report and approve the payment of bills. RECOMMENDED MOTION: Move to approve Resolution 2005-12, Resolution ofthe Columbia Heights Economic Development Authority (EDA) approving the Financial Statement and Payment of Bills for the month of July 2005. EDA ACTION: H:\EDAConsent2005\July Fin Rep 2005 EDA RESOLUTION 2005-112 RESOLUTION OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY (EDA) APPROVING THE FINANCIAL STATEMENT FOR JULY AND PAYMENT OF BILLS FOR THE MONTH OF JULY 2005. WHEREAS, the Columbia Heights Economic Development Authority (EDA) is required by Minnesota Statutes Section 469.096, Subd. 9, to prepare a detailed financial statement which shows all receipts and disbursements, their nature, the money on hand, the purposes to which the money on hand is to be applied, the EDA's credits and assets and its outstanding liabilities; and WHEREAS, said Statute also requires the EDA to examine the statement and treasurer's vouchers or bills and if correct, to approve them by resolution and enter the resolution in its records; and WHEREAS, the financial statement for the month of July 2005 and the list of bills for the month of July 2005 are attached hereto and made a part of this resolution; and WHEREAS, the EDA has examined the financial statement and the list of bills and finds them to be acceptable as to both form and accuracy. NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners of the Columbia Heights Economic Development Authority that it has examined the attached financial statements and list of bills, which are attached hereto and made a part hereof, and they are found to be correct, as to form and content; and BE IT FURTHER RESOLVED the financial statements are acknowledged and received and the list of bills as presented in writing are approved for payment out of proper funds; and BE IT FURTHER RESOLVED this resolution and attachments are to be made a part of the permanent records of the Columbia Heights Economic Development Authority. Passed this _ day of ,2005. MOTION BY: SECONDED BY: AYES: NAYS: Don Murzyn, Jr. President Attest by: Cheryl Bakken, Assistant Secretary H:\Resolutions2005\EDA2005-12 AGENDA ITEM: Items for Consideration NO: 4-A ITEM: 49t & Central Redevelopment COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY Meetin of Au st 23, 2005 EXECUTIVE DIRECTOR APPROVAL ORIGINATING DEPARTMENT: Communi Develo ment BY: Robert Streetar DATE: Janu 25, 2005 Background Since early 2005, staff has had informal conversations with the property owners on the west side of Central Avenue between 49th and 50th avenues. Because of the EDA's desire, designating this area as a priority for improvement, staff has suggested to the property owners that if they would consider improving their property as part of a larger redevelopment project on this block, staff would facilitate a meeting with the EDA. This would give Commissioners the opportunity to consider their proposal and possibility enter into a redevelopment partnership much like the EDA did with Bruce Nedegaard and SchaferRichardson for the redevelopment of the Kmart site and the Industrial Park. Subsequently, three parties responded; two who own property on the block and one who does not. Mr. William Meyelco of Los Gatos, California and owner of the now vacant Exotic Pet Store property expressed an interest in collaborating with the City on a redevelopment of the entire block. Also, Mr. Raja Mylappan Naggapan owner of the Udupi restaurant also expressed an interest. Lastly, Mr. Jim Vitt of Capital Real Estate, Inc. expressed an interest. Mr. Vitt does not own property on this block. Mr. Vitt is also representing Border Foods - Taco Bell to get approximately 11 feet of property from the Dave's Car Wash property. Of the three interested parties Mr. Raja Mylappan Naggapan, owner of the Udupi restaurant, in partnership with Anderson Builders is prepared to request an opportunity to work with the EDA to prepare a redevelopment plan for this block. The Request The purpose of this memorandum is to present to EDA Commissioners a request by Anderson Builders to enter into a preliminary development agreement with the EDA. The agreement contemplates granting Anderson Builders an exclusive, whereby the EDA agrees to work only with Anderson Builders to produce a redevelopment proposal that meets the City's as well as Anderson Builders' objectives. In addition, Anderson Builders has been retained by the Udupi Restaurant to determine the feasibility of demolishing the existing building and constructing a new larger building as part of a redevelopment proposal. The agreement begins August 23, 2005 and ends February 1, 2006. During the term, Anderson Builders will attempt to produce a redevelopment proposal that meets the objectives of the EDA and Anderson Builders. Also, during the term of the agreement, and based upon the redevelopment proposal, the City will determine actions it may need to take to implement the proposal such as provide financial assistance through tax increment financing, and assistance to assemble property on the block through negotiation or possibly by eminent domain. The agreement requires Anderson Builders to provide a payment of $3,000 to pay for costs related to the City's analysis of their proposal. Steve Bubul, attorney with Kennedy and Graven, prepared the agreement. If by the end of the agreement term the EDA and Anderson Builders reach an agreement on the redevelopment project and the necessary public assistance to make the project successful, the EDA may enter into a formal development contract with Anderson Builders to complete the redevelopment project. The City used this same process with the Kmart, Industrial, and Sama redevelopment projects. Anderson Builders has provided three possible redevelopment concepts for this area as well as photographs of projects they have successfully completed in other cities. These concepts provide an idea of what an Anderson Builders redevelopment project may entail. The photographs intend to provide the EDA with an idea of the quality of construction, and only reflect possible tenants. By the end of the agreement term Anderson Builders would have a better idea of who the actual tenants may be. In addition, Mr. Raja Mylappan Naggapan, the owner of Udupi, has drafted a letter indicating his desire to build a new restaurant, in collaboration with Anderson Builders, at this location. It is important to note that Border Foods (Taco Bell) would like to demolish their existing building and rebuild a new building at there current location; to do so they need additional land, approximately 11 feet, from the Dave's Car Wash property. Taco Bell has attempted for the last three years to acquire the necessary land and have been unsuccessful. Anderson Builders has indicated, as part ofthe redevelopment proposal, they would work with Taco Bell to achieve that objective. Of special note, according to Mr. Vitt of Capital Real Estate, Inc. he, not Border Foods - Taco Bell, has entered into a purchase agreement with the owners of Dave's Car Wash to purchase that property for $500,000 subject to a number of contingencies. Staff confirmed this with Pat Yonkin. She and her husband Dave own the property. According to Mr. Vitt he indicates that this purchase agreement increases his chances of being selected by the EDA as the redeveloper for the entire block. The EDA should understand that entering into a partnership with Mr. Vitt for the redevelopment of the block would require the City to provide some tax increment financing which is based in large part on Mr. Vitt's cost of acquiring the property. Staff believes the $500,000 significantly inflates the value of the property, as the Anoka County has the property assessed at $251,000. Subsequently, should the City enter into a partnership with Mr. Vitt with the current purchase agreement he has with Dave's Car Wash, the City would have to provide up to $249,000 of tax increment financing assistance it would othelWise not have to provide if the property was valued its accurate price. The process the EDA followed in the Industrial Park redevelop was to have appraisals completed on the real estate and fixtures as well as an estimate of relocation benefits before the EDA agree to an amount of tax increment financing assistance. Lastly, it is also important to note that the City has discussed this block as a possible new location for the City Liquor store currently located in the Rainbow Food strip center. Anderson Builders has indicated they would work with the City to that if end if that was the City's desire, as a liquor store is a good traffic generator. In summary, right now there are two businesses Udupi and Taco Bell that want to build new buildings and the owners of Dave's Car Wash that are willing to sell. Working with these property owners and Anderson Builders, the EDA can achieve at a minimum the improvement of the south half of the block and most likely the improvement of the north half of the block with a potential new City liquor store. RECOMMENDATION: Staff recommends entering into a preliminary development agreement with Anderson Builders. RECOMMENDED MOTION: Move to approve the Preliminary Development Agreement between the Columbia Heights Economic Development Authority and Anderson Builders; and furthermore to authorize the President and Executive Director to enter into an agreement for the same. Attachments · Three redevelopment concept plans · Photographs of Anderson Builders' projects · Information on Anderson Builders · Letter from Udupi restaurant owner Raja Mylappan Naggapan · Preliminary Development Agreement ACTION: COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY PRELIMINARY DEVELOPMENT AGREEMENT THIS AGREEMENT, dated this 23rd day of August, 2005, by and between the Columbia Heights Economic Development Authority, a body politic and corporate under the laws of Minnesota (the "Authority") and Anderson Builders (the "Developer"): WITNESSETH: WHEREAS, the Authority desires to promote redevelopment of certain property within the City of Columbia Heights, which property is legally described in Exhibit A attached hereto (the "Property"); and WHEREAS, the Developer has requested the Authority to explore the use of certain public assistance, financial and otherwise, to assist with such activities, hereafter referred to as the "Redevelopment"; and WHEREAS, the Authority has determined that it is in the Authority's best interest that the Developer be designated sole developer of the Property during the term of this Agreement; and WHEREAS, the Authority and the Developer are willing and desirous to undertake the Redevelopment if (i) a satisfactory agreement can be reached regarding the Authority's commitment for public assistance necessary for the Redevelopment; (ii) satisfactory mortgage and equity financing, or adequate cash resources for the Redevelopment can be secured by the Developer; and (iii) the economic feasibility and soundness of the Redevelopment; and (iv) satisfactory resolution of zoning, land use, site design, and engineering issues, land assembly and other necessary preconditions have been determined to the satisfaction of the parties; and WHEREAS, the Authority is willing to evaluate the Redevelopment and work toward all necessary agreements with the Developer if the Developer agrees to reimburse the Authority for its costs relating to the Redevelopment even if the Redevelopment is abandoned or necessary agreements are not reached under the terms of this Agreement. NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and obligations set forth herein, the parties agree as follows: 1. Negotiations between the parties shall proceed in an attempt to formulate a definitive development contract ("Contract") based on the following: (a) the Developer's proposal (when submitted) together with any changes or modifications required by the Authority; SJB-260554vI CU05-30 (b) such documentation regarding economic feasibility of the Project as the Authority may wish to undertake during the term of this Agreement; and (c) other terms and conditions of this Agreement. 2. It is the intention of the parties that this Agreement: (a) documents the present understanding and commitments of the parties; and (b) will lead to negotiation and execution of a mutually satisfactory Contract for the Redevelopment prior to the termination date of this Agreement. The Contract (together with any other agreements entered into between the parties hereto contemporaneously therewith) when executed, will supersede all obligations of the parties hereunder. 3. During the term of this Agreement, the Developer shall: (a) By February 1,2006, submit a proposal to the Authority, which proposal must show the location, size, and nature of the proposed Redevelopment, including sample floor layouts, renderings, elevations, and other graphic or written explanations of the Redevelopment. The proposal shall be accompanied by a preliminary schedule for the starting and completion of all phases of the Redevelopment. (b) Submit an over-all cost estimate for the design and construction of the Redevelopment. (c) Submit a final time schedule for all phases of the Redevelopment. (d) Undertake and obtain such other preliminary economic feasibility studies, income and expense projections, and such other economic information as the Developer may desire to further confirm the economic feasibility and soundness of the Redevelopment. (e) Submit to the Authority the Developer's financing plan showing that the proposed Redevelopment is financially feasible. (f) Furnish satisfactory, financial data to the Authority evidencing the Developer's ability to undertake the Redevelopment. 4. During the term ofthis Agreement, the Authority agrees to: (a) Commence the process necessary to undertake such public assistance as is necessary pursuant to the terms ofthe proposal. (b) Proceed to seek all necessary information with regard to the anticipated public costs associated with the Redevelopment. (c) Estimate the Authority's level and method of financial participation, if any, in the Redevelopment and develop a financial plan for the Authority's participation. SJB-260554vl CU05-30 5. It is expressly understood that execution and implementation of the Contract shall be subj ect to: (a) A determination by the Authority in its sole discretion that its undertakings are feasible based on (i) the projected tax increment revenues and any other revenues designated by the Authority; (ii) the purposes and objectives of any tax increment, development, or other plan created or proposed for the purpose of providing financial assistance for the Redevelopment; and (iii) the best interests of the Authority. (b) A determination by the Developer that the redevelopment is feasible and in the best interests of the Developer. 6. This Agreement is effective from the date hereof through February I, 2006. After such date, neither party shall have any obligation hereunder except as expressly set forth to the contrary herein. 7. The Developer shall be solely responsible for all costs incurred by the Developer. In addition, the Developer shall reimburse the Authority for the following costs: (a) Upon execution of this Agreement, the Developer has deposited with the Authority funds in the amount of $3,000, receipt of which the Authority hereby acknowledges. The Authority may apply such deposit to pay any "Authority Costs," which means: reasonable and necessary out-of pocket-costs incurred by the Authority from and after August 1, 2005, in each case based on actual time spent in connection with rendering assistance and advice to the Authority as evidenced by itemized bills and invoices for (i) the Authority's financial advisor in connection with the Authority's financial participation in redevelopment of the Property , (ii) the Authority's legal counsel in connection with negotiation and drafting of this Agreement and any related agreements or documents, and any legal services related to the Authority's or City's participation in redevelopment of the Property; (iii) any appraiser retained by the Authority in connection with conveyance of any portion of the Property by the Authority to the Developer or in connection with determination of the level of public assistance; and (iv) consultants retained by the Authority for planning, environmental review, and traffic engineering for development of the Property. At Developer's request, but no more often than monthly, the Authority will provide Developer with a written report on current and anticipated expenditures for Authority Costs, including invoices or other comparable evidence. (b) If at any time during the term of this Agreement the Authority determines that the amounts deposited by Developer are insufficient to pay Authority Costs, the Authority may notify the Developer in writing as to any additional amount required to be deposited. The Developer must deposit such additional funds within 20 days after receipt of the Authority's notice. (c) Upon termination of this Agreement in accordance with its terms, SJB-260554vl CL205-30 the Authority will return to the Developer the balance of any funds deposited under this section that are on hand as of the date of receipt of the notice of termination, and less any Authority Costs incurred through the date of receipt of the notice of termination. For the purposes of this paragraph, Authority Costs are considered to be incurred if they have been paid, relate to services performed, or are payable under a contract entered into, on or before the date of receipt of the notice of termination. This Section 7 shall survive termination of this Agreement and shall be binding on the Developer regardless of the enforceability of any other provision of this Agreement. 8. This Agreement may be terminated upon 5 days written notice by the Authority to the Developer if: (a) an essential precondition to the execution of a contract cannot be met; or (b) if, in the sole discretion of the Authority, an impasse has been reached in the negotiation or implementation of any material term or condition of this Agreement or the Contract; or (c) The Authority determines that its Administrative Costs will exceed the amount initially deposited for such purpose under Section 7(b), and the Developer does not deliver additional security to the Authority pursuant to Section 7(b) of this Agreement. If the Authority terminates the Agreement under this Section 8, the Developer shall remain liable to the Authority under Section 7(b) of this Agreement for Administrative Costs incurred by the Authority through the effective date of termination. 9. The Developer is designated as sole developer of the Property during the term of this Agreement. The Authority makes no representations or warranties as to control, access or ownership of any portion of the Property, but agrees that during the term of this Agreement the Authority will not enter into agreements with any other party to facilitate redevelopment of the Property. 10. In the event that the Developer, its heirs, successors or assigns, fail to comply with any of the provisions of this Agreement, the Authority may proceed to enforce this Agreement by appropriate legal or equitable proceedings, or other similar proceedings, and the Developer, its heirs, successors or assigns, agree to pay all costs of such enforcement, including reasonable attorneys' fees. 11. If any portion of this Agreement is held invalid by a court of competent jurisdiction, such decision shall not affect the validity of any remaining portion of the Agreement. 12. In the event any covenant contained in this Agreement should be breached by one party and subsequently waived by another party, such waiver shall be limited to the particular SJB-260554vl CL205-30 breach so waived and shall not be deemed to waive any other concurrent, previous or subsequent breach. This Agreement may not be amended nor any of its terms modified except by a writing authorized and executed by all parties hereto. 13. Notice or demand or other communication between or among the parties shall be sufficiently given if sent by mail, postage prepaid, return receipt requested or delivered personally: (a) As to the Authority: Columbia Heights Economic Development Authority 590 40th Avenue NE Columbia Heights, MN 55421 Attn: (b) As to the Developer: Anderson Builders 3555 Louisiana Avenue South St. Park, MN 55426 14. This Agreement may be executed simultaneously in any number of counterparts, all of which shall constitute one and the same instrument. 15. This Agreement shall be governed by and construed in accordance with the laws of the state of Minnesota. Any disputes, controversies, or claims arising out of this Agreement shall be heard in the state or federal courts of Minnesota, and all parties to this Agreement waive any objection to the jurisdiction ofthese courts, whether based on convenience or otherwise. 16. The Developer hereby agrees to protect, defend and hold the Authority and its officers, elected and appointed officials, employees, administrators, commissioners, agents, and representatives harmless from and indemnified against any and all loss, cost, fines, charges, damage and expenses, including, without limitation, reasonable attorneys fees, consultant and expert witness fees, and travel associated therewith, due to claims or demands of any kind whatsoever arising out of (i) the development, marketing, sale or leasing of all or any part of the Property, including, without limitation, any claims for any lien imposed by law for services, labor or materials furnished to or for the benefit of the Property, or (ii) any claim by the state of Minnesota or the Minnesota Pollution Control Agency or any other person pertaining to the violation of any permits, orders, decrees or demands made by said persons or with regard to the presence of any pollutant, contaminant or hazardous waste on the Property; and (iii) or by reason of the execution of this Agreement or the performance of this Agreement. The Developer, and the Developer's successors or assigns, agree to protect, defend and save the Authority, and its officers, agents, and employees, harmless from all such claims, demands, damages, and causes of action and the costs, disbursements, and expenses of defending the same, including but not limited to, attorneys fees, consulting engineering services, and other technical, administrative or professional assistance. This indemnity shall be continuing and shall survive the performance, termination or cancellation of this Agreement. Nothing in this Agreement shall be construed as a limitation of or waiver by the Authority of any immunities, defenses, or other limitations on SJB-260554vl CU05-30 liability to which the Authority is entitled by law, including but not limited to the maximum monetary limits on liability established by Minnesota Statutes, Chapter 466. 17. The Developer, for itself, its attorneys, agents, employees, former employees, insurers, heirs, administrators, representatives, successors, and assigns, hereby releases and forever discharges the Authority, and its attorneys, agents, representatives, employees, former employees, insurers, heirs, executors and assigns of and from any and all past, present or future claims, demands, obligations, actions or causes of action, at law or in equity, whether arising by statute, common law or otherwise, and for all claims for damages, of whatever kind or nature, and for all claims for attorneys' fees, and costs and expenses, including but not limited to all claims of any kind arising out of the negotiation, execution, or performance of this Agreement between the parties. [REMAINDER OF P AGE INTENTIONALLY LEFT BLANK] SJB-260554vl Cl205-30 IN WITNESS WHEREOF, the Authority has caused this Agreement to be duly executed in its name and behalf and its seal to be duly affixed hereto and the Developer has caused this Agreement to be duly executed as ofthe day and year first above written. [DEVELOPER] By Its By Its SJB-260554vl CU05-30 COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY By Its President By Its Executive Director SJB-260SS4vl CUOS-3D LaCaberna EXHIBIT A Central Avenue Barbershop Exotic Pet Store Udupi Dave's Car Wash Taco Bell Q) ::J C Q) ~ CO '- ....., C Q) () lO i~ II i ~ j i , 0 0 'II N ~ 55 ~.Z I l;> u ~ ~ ~~~ ~ ~ < .J :;) II t I . I .J ~~ il .a I 'l"""'l E gSl I' I') 6~~ I ~ a < OJ u:I::< :.:; 1:'1 J J 0 Z i !Iii I UJ 8 i c: 0 () E OJ '0 ~ s:. 50TH A VB. f:! < 195' ~ ~ ~ ~ u 49TH A VB. G)_lUll .... A r-_-r 0() i~ n ~ ~ I ~ 0 0 S; N b ~~ m ;s,z I !;> u ~ I ' .. ~~~ ~ l:O ~ :J l! t I I ~ ~ ~~ Ii . I .3 \ 'r"'"l E .-J~~ i ~ Ii:i <: ...l 8Q " 1'1 8 ~ ~ :J :e Z II t~fl J I 0 !Ii I I 6 .. 8 i c: u 0 u ~ :J -0 2 50TH AVE. :c 0 ~ 195' ~ ~~ ~~ ffi u N ("f"l ~ 49TH A VB. ~ r . ..., UNDERGROUND CLINIC PARKING 0&"fM L{) ,q j I ~ i 0 0 w. ~ N ;S'Z g . U f;> II I ~~i ~ ~ ~ U ..J . I .J iii I ...... E ,.Jgf@ :s ~ III <: h) ~ ~ '" 8~< 't' 1:'1 J I Ii 0 en !Ii II c u 0 u c '- .a 0 $ :c 0 ~ f... 0\ V) 49TH AVE. r . ..... ~ ~ ~ ~ C) , " '\ \\ \ REDEVELOPMENT CONCEPT PlAN CAFE UDUPI AND 491H--<:ENTRALAVENUE BLOCK ~ COLUMBIA HEIGHTS, MN AUGUST 23, 2005 ANDERSON BUILDERS Cotllpl'dlnHve Proj<<t MIRqtment Sen-kes . I' I I I " I I TABLE OF CONTENTS 1. PROPOSAL OVERVIEW/CONCEPT PLANS 2. DEVELOPMENT ApPROACH 3. TEAM/COMPANY INFORMATION ~~~p~~~~~ r t -=...........~._._,......_..~4t,,_"'c~:.i....~~ -.,---........-. ,..-- I I I I I J ] ANDERSON BUILDERS , PROPOSAL OVERVIEW Anderson Builders is proposing a comprehensive redevelopment of the north- east quadrant of Central Avenue at 49th street. This redevelopment plan and proposal was precipitated by Anderson Builder's engagement with Cafe Udupi, a local, merchant-owned and operated restaurant with a thriving busi- ness in Columbia Heights. Anderson Builders proposes a project that will place a new Cafe Udupi on the project site, and create additional new high quality, uniquely designed commercial development on this visi- ble intersection of the City. Central Avenue has a long and storied history as the City's commercial corri- dor. Anderson Builders' objective in this proposal is to preserve and develop a thriving local business, and redesign and develop the balance of the site to complement the community character and enhaQce value to the tenants and owners of the new project. In order to accomplish this vision, Anderson Builders proposes: · A site plan that captures the urban character of the neighbor- hood and offers an accessible and commercially viable mix of build- ing sizes and types; · High quality architecture and scale of development that is both inviting to customers and relevant to targeted credit tenant occu- pants and buyers; · A redevelopment plan that is economically viable, is realistic from a market standpoint and expands service offerings to lo- cal residents. · A cooperative effort with the City of Columbia Heights to achieve its goals, and to catalyze quality development of the entire block. Site Plan Concepts Anderson Builders will develop a detailed plan and design program for the block as part of its redevelopment proposal for the site. At this early pOint in time, Anderson Builders has developed a couple of site plan concept stud- t ies which generally illustrate the capacity and potential physical development options for the block. Please note that these studies are CONCEPTUAL and are subject to modification. This plan will be developed working in concert with the commercial tenants and occupants of the project along with the City of Columbia Heights staff, commissions and City Council. ,..~~p~~~~~ I I I I I J ) 1 on ~~ n i I! ~ f.. 8 '" ., ~:=E "i ~'i e 10 u ~5 i ~ ~ <I; .J I :;) ! :a J I .J jg~ h ::Jc.:1Q ..... E i ~ s <I; iiI J I (5EZz < i ~8 Ii u:I:< ill g ~19IJ, a c 0 U I I I I 49TH AVE. CD_fUll -. r_~ ~ ~ <: ....J ~ U I I J ) J ] ] ] '"I J I I , I I I I I I I I I I I , . -=----------, N M - 49TH AVE. . CD-1'LMl t _. e i3 ~ :.: u ~ ~ Z ~ F--< I ~ ~ ~ ~ ffi u r_4lI-t1" I ---.J I I I J I i Sj n ." J I j '0 E! t~ ftf Oi j <.z lp iiijgi ~ 2 , E~ ji ::0... m I ::ll.,j' ....lr:gc i ~ ::l g~ II "J o Z < f:'l J j u < S &l Z It !Ii I J 8it UNDERGROUND CLINIC PARKING G)IIII!I'LM -. 50TH A VB. -.. - 195' 49TH A VB. r.....". ~ ~ -< ~ ~ u:l U "' 8 N U U .,j I ..J ..... ~ <( ., ~ c 0 U ~ t> ~ :.c u < I ~~"'-'.-"'.~ ,.,--- ;, ANDERSON BUILDERS I I I I J I I I I I I 1 I I I I I ANDERSON BUILDERS ApPROACH Anderson Builders uses a collaborative model of project development, partnering with the projects tenants and buyers and the community in which the project is developed to ensure a smooth development from concept to completion. . Build-to-suit/for lease . Turnkey Sale . Land Sale/Build . Reposition/Re-use . Planning . Project Approvals and Coordination . Development Agreements . Site Acquisition . Site Planning/ Engineering . Development . Marketing . Project Financing . Architectural Design . Construction . Property Management ~~~P~!~~~ . I . I . I I I I I I I J I I I I I I I I I I I I I J , ANDERSON BUILDERS ...;:"t~~~iJN. ". :.i;" Jfadnatr Pro./eutonalCentu. P,'adnats Hefghfs,MN ANDERSoN BUILDERS 3555 louisiana Avenue South St. louis Park, MN 55426 Phone: 952.927.5400 Fax: 952.927.5444 E-mail: Info@anderson-bullders.com · Who We Are Anderson Builders is a diversified commercial builder and real estate development firm. We develop and construct all types of commercial properties ranging from office, industrial, retail, health care, institutional, mixed-use and special purpose facilities. Anderson Builders focuses on providing services strictly to end users of real estate, and deliver our services as design-builder, general con- tractor, build-to suit or turnkey developer. Anderson Builders primarily executes projects using a design-build method of project delivery, where we lead and serve as the Single source of accountability for all managing aspects of the design and physical development of the project. . Our measure: Satisfied Clients Clients are increasingly seeking an approach that results in schedule efficiency, cost certainty and deSign quality for their development projects. Anderson Builders is uniquely structured to meet these needs by "unbundling" the multiple facets of the development process and repackaging them into an efficient delivery model. With each project, we work with our client to assemble the best consult- ant, design and engineering team for the requirement and the client. If our clients have pre-selected their design team, we function as a collaborative team member and prOVide the development/project management oversight for the project. . Unique Approach and Perspective Our focus on the Twin Cities region provides us with unparalleled knowledge of local markets and communities. Anderson Builders has established unique rela- tionships with local brokerage, financial, and consulting firms and communi- ties who provide us the enhanced resources to execute the most routine or com- plex development and construction project. Our approach is to establish partner- Ships with our client/users, capital sources and local communities to allow the project to best respond to market and community needs. . Our Value Add Anderson Builders' team has comprehensive expertise in real estate develop- ment, finance, government approvals, construction engineering and pro- ject management and offer our clients the underlying accountability for total project execution. The combination of experience, relationships, skills and part- nerships are the keys to successfully serving our clients. For More information on how Anderson Builders can assist your company in its next development, expansion or construction project, call us at 952.746.1467 or visit our website at: www.anderson-builders.com ~~~p~~~~~ I I I I . . . . . I I I I I . I I I I I I I I I I I I 1 , I ANDERSON BUILDERS EXECUTIVE TEAM , Greg Anderson President Greg is the founder, owner and President of Anderson Builders. His 21 plus years of experience coordinating a variety of design-build development and construction pro- jects has helped Anderson Builders achieve fast growth in the Twin Cities marketplace. As President of Anderson Builders, Greg is responsible for the overall operation of the business, including all design management and construction activities, and for the development of new business relationships. During"his career, Greg has been respon- sible for the design and construction of approximately 8,000,000 square feet of con- struction projects spanning a wide variety of facility types with costs in excess of $ 500,000,000.00. Prior to forming Anderson Builders, Greg held executive and managerial positions with large local and national design-build construction and real estate development firms serving the commercial and residential real estate markets. Dave Anderson Business Development Director Dave Anderson (no relation) joined Anderson Builders in October of 2004 to help exe- cute Anderson Builders business plan through expanding the firms capabilities in ser- vicing clients' development and project execution needs and creating new business relationships and opportunities. Prior to joining Anderson Builders, Dave was with one of the regions largest real estate and construction services firms, Kraus Anderson. Anderson has been active in commercial real estate construction, development and economic development for the past 13 years. He has assisted small, medium and large companies in growing and expanding their real estate positions through a variety of services including: site location and acquisition, development agreement negotia- tions, construction management agreements, development finance packaging and municipal project entitlements and approvals. Through his career, he has been di- rectly involved in real estate development and construction projects totaling more than $170 million in project value. His background in development, construction and mu- nicipal government procedures gives him a unique perspective on balancing market realities with local development objectives. Dave is a member and serves on the Executive Committee for the Minnesota Chapter of the Urban Land Institute (ULl), is a past president of the Economic Development Association of Minnesota (EDAM) and has served on various committees for the Na- tional Association of Office and Industrial Properties (NAIOP) and Minnesota Chamber of Commerce initiatives. ~~~p~~~~~ I I I I I I I I J J I I I I t ) ) 1 J ) , I l 1 ANDERSON BUILDERS FIRM BACKGROUND & EXPERIENCE Anderson Builders was formed in July of 1999 as a commercial builder, general con- tractor, construction manager and development manager. Since the firm's inception, Anderson Builders has grown through a philosophy of providing exceptional service to its clients through excellent methods of planning and executing design-build construc- tion and real estate development projects. We approach every project with our clients ultimate business objectives in mind, and form a specific plan of work and approach that best serves to help meet those objectives. Anderson Builders' project team is comprised of 18 industry professionals including Project Managers, Project Assistants, Field Superintendents, Specialty Trades people, and Accounting Managers. Anderson Builders' team members bring more than 125 years of industry experience constructing commercial development projects across varying product types ranging in size from $50,000 tQ more than $100 million in con- struction value. The experience and tenure of the Anderson Builders' team offers our clients a uniquely personal level of service combined with industry leading expertise. Current and past clientele include: Berger & Associates Bloomington Baptists/Bethany Academy Booth Manor Salvation Army Bolten & Menk Children's Hospital Church of the Open Door Community of Hope Church Cornerstone Wealth Creative Publishing CSM Dairy Queen Davita Dialysis Clinic Everett McClay VFW Fallon Brand GE Capital General Dynamic Global Industries Haugland Companies Heritage Christian Academy HealthEast Howard R. Green Company Jones Lang LaSalle King Technology Lens Crafters Lighting Rod Software MCI Mount Olive Lutheran Church Nash Finch Companies Network Guidance NovaCare Rehabilitation Ser- vices Nystrom Building Supply Pay Day America Pony Computers Pro- Tech Regency Beauty Academy Rixmann Companies Siemens Real Estate United Rentals University of Minnesota Wedding Day Jewelers Woodcrest Baptist Church ~~~p~~~~~ . I I I I I I J I I I I J I J J I J J I I I I I I ) I 'ftl, . " {'../-61' ')"}... "~.~~~~ ~..'.'~.'." ,~,~,'}:~'~;:,;_'"'.,',,,~',~,;"'~" il&;;t~i .:.<?i,..5~;1 . t" ,.t ~llIf ~<;.,~""....'~ , , 'f' ~"O' I ' . ,. 1: i '~". ,......, .->1,. , > "01: ~.,.,;; ./", ,:'-J1 ,\II , 1< -, '- T ii ~.r':'~"~_-<'-Ji~,,' ..: : Ij ~~ . ,:-__ .._'_~_'.,.i ~. ; ~~ \1>-;. _ ~ Architectural Consortium LLC is a full service architectural finn specializing in creative and unique design solutions for commercial and mixed-use developments. Established in 2003, the firm has developed a diverse portfolio of building types from Lifestyle centers, grocery anchored centers, urban in-fill and renovation of existing centers. This talented group of architects brings a depth of experience and a highly regarded reputation for maximizing value in masterplanning and architectural design as \Nell as balancing the needs of the community, the owner, and the retail industry. Contact: Kathy Anderson AlA President p,.- ~ .~ ''7" i= r-j 11 '1:;"'\ 1 :t'\ \..,." Ii j ..t _.,...,... ":.,tI J ,...~"",\,_ ~~ ~~' >- ~ {3 :~>" >~T' :_: :\i1 .~~;" ...'. .r.,~.,,:,!~..". ,.,......'" ,."....._~--~.-"< j I I I J I I J I I I J 1 I J I I I J J I I I I I I I I I t , I Kathy is the founder and President of Architectural Consortium, LLC. She is nationally recognized in the industry as a creative force in designing and master planning retail/mixed-use developments. She is an experienced and talented architect with numerous awards in commercial retail projects. She works closely with clients and communities to develop unique and exciting architecture that responds aesthetically and functionally to the requirements of the projects. Professional Background Bachelor of Architecture; University of Minnesota University of Tianjin, China Registered Architect: Minnesota American Institute of Architects (AlA) Minnesota Shopping Center Association (MSCA) - President, 2002 Caring Tree Foundation President, 2003 AlA Minnesota - Board of Directors AlA Minneapolis Board of Directors ( 1996-1999) Richfield Visions 2000 Committee International Council of Shopping Centers (ICSC) Minnesota Commercial Real Estate Women (MNCREW) Firm Experience Architectural Consortium LLC - 2003 - KKE Architects, Inc. - 1983-2003 BRW, Inc. -1986-1989 Personal Awards . AlA Minnesota Young Architect Citation, 1998 . Midwest Real Estate News "Top 25 Whiz Kids" 1998 . City Business "40 Under 40", 1996 Professional Awards Riverdale Village, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 2004 . The Village; City Business "Best in Real Estate 2001" . Arbor Lakes, Excellence in Masonry and Concrete Design Award; Minnesota Concrete & Masonry Contractors Association (MC&MCA), 2002 ~.,~1. "\. ._, .....""', , ._v'"....,.,-,.....c_." . "','"-_..."':"~~......~..........._....... > " President Kathy Anderson, AlA . Brookdale Corner, Excellence in Masonry and Concrete Design Award; Minnesota Concrete & Masonry Contractors Association (MC&MCA), 2002 . Cascade Professional Building, Award of Excellence; National Association of Industrial Office Properties (NAIOP), 2000 . Chrysalis - A Center for Women, Award of Excellence; National Association of Industrial Office Properties (NAIOP), 2000 . Arbor Lakes, STARR Award of Excellence' Minnesota Shopping Center Association ' (MSCA), 2000 . Kowalski's Marketplace, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 2000 . Calhoun Commons, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1 g99 . Rainbow Village, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1999 . Plymouth Town Center; CityBusiness "Best in Real Estate 1998" . SICK Optic Electronics, Award of Excellence; National Association of Industrial Office Properties (NAIOP), 1999 . Tamarack Village, Superior Achievement in Design and Imaging (SADI); Shopping Center World Magazine, 1998 . Tamarack Village, Certificate of Merit; International Council of Shopping Centers (ICSC), 1998 . Tamarack Village, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1997 . Pier I Imports, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1997 . Golden Valley Commons, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1997 . Circuit City, Excellence in Masonry and Concrete Design Award; Minnesota Concrete & Masonry Contractors Association (MC&MCA), 1997 . Park Village, Excellence in Masonry and Concrete Design Award; Minnesota Concrete & Masonry Contractors Association (MC&MCA), 1995 . Woodbury Village, Innovation in Design & Construction Award; International Council of Shopping Centers (ICSC), 1993 . Woodbury Village, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1993 I I I I I I . . I I I I I I J I J 1 I I J I I I I I I 1 , I . SuperAmerica, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1993 . SuperAmerica, CUE Award; Minneapolis Committee on Urban Environment, 1993 . Best Buy, STARR Award of Excellence; Minnesota Shopping Center Association (MSCA), 1993 Project Experience Retail Burnside Plaza Renovation, Burnsville, MN Merriam Village, Merriam, Kansas Wedgewood Village, Mahtomedi, MN Victor Marketplace, Hugo, MN Oakdale Village, Oakdale, MN Silver Lake Village, St. Anthony, MN Baja Fresh Restaurants Argonne Village, Lakeville, MN Central Lakes Crossing, Baxter, MN Rosemount Crossing, Rosemount, MN Eagan Town Center Renovation, Eagan, MN Ace Hardware, Blaine, MN Pinnacle Village, Bemidji, MN Chanhassen 7 & 41, Chanhassen, MN . Arbor Lakes; Maple Grove, Minnesota . Calhoun Commons; Minneapolis, Minnesota . Centennial Lakes Shopping Center (BRW); Edina, Minnesota . Chaska Commons; Chaska, Minnesota . Cottage Grove Plaza; Cottage Grove, Minnesota . Galtier Plaza Renovation; Saint Paul, Minnesota . Golden Valley Commons; Golden Valley, Minnesota . Highland Crossing (Opus); Highland Park, Minnesota . Kowalski's; Woodbury, Minnesota Laurel Village Repositioning, Minneapolis, Minnesota . Loehmann's Plaza Renovation; Bloomington, Minnesota . Mound Marketplace, Mound, Minnesota . Northgate Village; Modesto, California . Northtown Village Shopping Center; Coon Rapids, Minnesota . Park Village Shopping Center; St. Louis Park, Minnesota . Plymouth Collection; Plymouth, Minnesota . Plymouth Station; Plymouth, Minnesota . Plymouth Town Center; Plymouth, Minnesota . Rainbow Village; St. Cloud, Minnesota President Kathy Anderson, AlA . Riverdale Village; Coon Rapids, Minnesota . The Shop pes @ Arbor Lakes; Maple Grove, Minnesota . Southdale Remodeling; Edina, Minnesota . Southtown Renovation; Bloomington, Minnesota . SuperAmerica 22nd & Lyndale; Minneapolis, Minnesota . SuperAmerica 25th & Hennepin; Minneapolis, Minnesota . Tamarack Village Shopping Center; Woodbury, Minnesota . The Village; Blaine, Minnesota . Woodbury Village Shopping Center; Woodbury, Minnesota . Woodbury Village Green; Woodbury, Minnesota . Yorktown Mall Renovation; Edina, Minnesota . Southwest Station, Eden Prairie, Minnesota Office . Victoria Office; Victoria, Minnesota . Great Northern Bank; St. Michael, Minnesota . Accurate Component Sales; New Brighton, Minnesota . Cascade Professional Building; Eden Prairie, Minnesota . Centennial Lakes Medical Office (BRW); Edina, Minnesota . Chrysalis, A Center for Women; Minneapolis, Minnesota . Dahlberg Corporation Headquarters; Golden Valley, Minnesota . Excel Bank; Minneapolis, Minnesota . Grow Biz Corporate Headquarters; Golden Valley, Minnesota . Riverside Bank; Plymouth, Minnesota . Service Ideas; Woodbury, Minnesota . SICK Optic Electronics; Bloomington, Minnesota . Sterling Bank; Coon Rapids, Minnesota Housing Silver Cliff Homes, Two Harbors, MN . WORK PERFORMED WHILE AT ANOTHER FIRM 3 J J J I I I I I I ;:; I I I I I I I I I Ii 3 .!!i '" ~ i j 3Ji i ! 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"0 us .::: ..a ~ ::: ~ ~ c co =- E:: ~ ..,!i ~ ~.:.1):! .. ~ t.o;(! :; 7 ::::z'~ ;a ~ i: : ~...2:"- c~~8~eez~~g=W~~<~~<~~~CC~~~~EC iD ~ 3: ~ ;, oS ~ .S u .:: ...Q ~ ..Q ~ .~ :a ~ ~ 6 ~.;;;; ~ o.~ ~ August 18,2005 Mr. Gary Peterson, Mayor City of Columbia Heights S90 40th Ave. N.B Columbia Height", MN 55421 Dear Mayor PetersOD,: F'tt'8t, I'd like 10 express my regrets that I "-ill not be able to attend the August 231'11 Eeonomic Developmem Commi.sion meeting due to my business1mvel schedule. $' I'd like to tab this opportuDity to express my appreciation to the Columbia Heighm Economic Development Authority for it3 consideration md aaioD on the Anderson Builders proposal for the redevelopment of the Udupi Cafe Restaurant and balance oftbe 49Cll cmd Ccatml A~ block U dupi Cafe is working in pertDer.ihip w:ith Anderson Builders as its exclusive Development R.epresentative to usist in the p1armiDg, delip BDd development of allOW' Udupi Cafe; to be located adjacent to our QUlIcnt restauram building. Our-project would expand the size of our fiwUity, expanci our service oft'erlnp aucl comp1emen.t me additional new development oftb.e blook. This pI"oj Get would require t1w our 'UlJ'eDt .restaurant remain 1Wly operational until tho new stzucture is available for oCC:;UPaDcy. AmJarson Builders and Udupi Cafe have developed a amcept to flCQompwh this requi=D=.t, which will &cili1atc the growth and in"estment in 01.IZ' business. ADdmon Builders has the D~essary resources md. capabilities to undertake this project OD, beha1t of Cat, Udupi and at the same time, make US very comfortable that their plan., design and development oftbe balance of the block will be of the hiahest quality and. enhlmce the character and economio value of this area and the city. I appreciate your action and support of Anderson Builders' proposal. Raja Nagppm Owner, Caf6 Udupi