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HRA Minutes Page 3 <br /> June 24,2002 <br /> . 8.2. Developer Proposal Summary and Recommendation <br /> Catherine Mehelich indicated that the City has received five development proposals for the <br /> Downtown Revitalization Project. She noted that staff has completed a review and analysis <br /> of the proposals, and has completed a preliminary interview of the five developers. She <br /> indicated that staff consensus is that MetroPlains and TOLD Development best meet the <br /> review criteria and the city's project goals. She noted that staff recommends the HRA select <br /> MetroPlains and TOLD for interview. Catherine indicated that a public open house be held <br /> July 17 at 7 p.m. to allow the public to meet the developers and provide input. <br /> Jim Prosser of Ehlers &Associates, Inc.,reviewed the developer proposals and tax <br /> increment finance analysis.He also reviewed the land use and planning issue ratings <br /> provided by staff. <br /> Mayor Klinzing indicated that she did not agree with staff recommendations regarding the <br /> top two developers. She indicated that she liked Best and Hempel's proposal the best. She <br /> further noted that Best and Hempel have been involved in the City of Elk River with other <br /> projects. <br /> • <br /> Following discussion of the developer ratings,it was the consensus of the HRA and Council <br /> to interview three developers. <br /> COMMISSIONER MOTIN MOVED TO CALL A SPECIAL MEETING OF THE <br /> HRA FOR JULY 29,2002,AT 5:00 P.M. FOR THE PURPOSE OF MEETING <br /> WITH THE CITY COUNCIL TO INTERVIEW TOLD DEVELOPMENT, BEST <br /> • AND HEMPEL,AND METROPLAINS DEVELOPMENT. COMMISSIONER <br /> WILSON SECONDED THE MOTION.THE MOTION CARRIED 4-0. <br /> 7. Adjournment <br /> There being no other business, COMMISSIONER MOTIN MOVED TO ADJOURN <br /> THE MEETING. COMMISSIONER WILSON SECONDED THE MOTION. <br /> THE MOTION CARRIED 4-0. <br /> The meeting of the Elk River Housing and Redevelopment Authority adjourned at 7:05 p.m. <br /> � � a pL <br /> Sandra Peine <br /> City Clerk <br /> • <br />