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<br />Downtown Revitalization Project <br />Planning and Project History <br />Page 8 of9 <br /> <br />January <br /> <br />February <br /> <br />March <br /> <br />April <br /> <br />May <br /> <br />June <br /> <br />July <br /> <br />2004 <br /> <br />Staff presents detailed parking options and an update on development agreement <br />issues. The HRA discussed the development agreement issues in length and <br />concurred that the project should include both the Jackson and Bluff Block <br />developments and that provisions must be made in the development agreement to <br />ensure both developments occur. <br /> <br />HRA extends Preliminary Redevelopment Agreement with MetroPlains until April 5, <br />2004. Staff presents fmdings and recommendations from one-to-one meetings with <br />business and property owners regarding project issues and parking options. <br /> <br />HRA holds special joint meeting with the City Council regarding the project history <br />and development agreement issues. The consensus of the Council and HRA was <br />that the two projects (Bluff Block and Jackson Block) should both occur. <br /> <br />City receives MN Department of Employment and Economic Development <br />(DEED) Small Cities Development Program (SCDP) grant for funding in the <br />amount of $400,000 toward the proposed new housing construction for the Jackson <br />Block. <br /> <br />MetroPlains receives a portion of their second round tax credit request from MN <br />Housing Finance Agency for the Jackson Block housing. <br /> <br />HRA approves key points to be included in a fmal Development Agreement with <br />MetroPlains Development, LLC. <br /> <br />6'h edition of Downtown Revitalization Q & A Newsletter distributed via Elk River <br />Star News insert. <br /> <br />MetroPlains closes on purchase agreement of 641 Main Street (Richard Hinrichs) <br />property. The relocation advisor begins contact with many of the downtown <br />property owners and tenants. <br /> <br />HRA adopts a resolution requesting that the City Council schedule a public hearing <br />on the proposed TIF Plan for the project. City Council adopts a resolution calling <br />for a public hearing on the TIF Plan for September 20, 2004. <br /> <br />August Staff continues to meet regularly with MetroPlains and Ehlers to discuss ongoing <br />project issues. A master timetable is prepared and distributed to the HRA. Planning <br />Commission adopts a resolution that the TIF Plan is consistent with the general <br />plans of the City. <br /> <br />September Ehlers presents TIF No. 22 Plan summary to HRA. HRA recommendation to City <br />Council on TIF Plan is postponed due to adding 4 new parcels to the TIF District. <br />