[Music] [Music] [Music] good evening and welcome to the September 30 meeting of the minona economic development advisory commission or edac the schedule in tenative agendas can be obtained by calling the Community Development Department or by checking the city website at minan mn.gov copies of tonight's agenda and staff reports are on the podium outside these Chambers this meeting is televised web streamed and on the city's website lising devices are available upon request if you wish to use a device please see City staff located outside the council chambers in the audio visual control room from a broad standpoint the edac attempts to find a balance between individual rights and Community responsibility abilities as they may make their recommendations individual rights are easy to understand Community responsibilities are more subtle but the idea is that we as members of the community agree to limit our individual rights for the common good of the group The Community Development Department the economic development advisory commission and the city council are charged with managing these sometimes difficult balancing acts we ask that you keep this broader perspective in mind as we review tonight's subject matter before we begin please make sure your cell phones are turned off and items on tonight's agenda include Villas at Chasewood hia and the staff report take roll [Laughter] daninsky sabola is absent I hear feedback still I think it's device oh it's the hearing device okay we'll give it a second here bulk absent today um heg president raka here Jacobson here Johnston here Mr chair I'd like to make a motion to approve the minutes from the April 8th meeting as submitted would anybody like to second that I'll second it all in favor say I I I okay uh staff if you want to take the first item okay thank you yes I am ready so make sure everybody else is ready um great thank you chair Commissioners so today staff is looking for feedback on a proposed Home Improvement area for the Villas at Chasewood Association um we have Shane redleg from Ellers here today um in case you have any questions uh that he can help answer um as well as um Doug strandes who is the Villas of chaswood Association consultant um here we go so some background um in 2011 the city council adopted a policy that allowed the establishment of housing Improvement areas or hias in the city uh a hous housing Improvement area authorized under State Statute allows cities to help arrange and finance Rehabilitation for common areas on owner occupied residential buildings such as condominiums or town homes an hiia has defined a area where private housing improvements are made including common elements in a common interest Community or condominium and where costs associated with the improvements are paid for by fees imposed on property owners within an haia the city has the authority to finance housing improvements by levying fees to pay for the improvements uh The Villa at chaswood was built in 198 9 the condo development consists of 21 buildings with 188 units 147 are owner occupied and 41 are occupied by renters the building consists of one bedroom and two bedroom units ranging from approximately 800 sare ft to 1152 ft in size and the uh unit value range is anywhere between 100 and 1,00 1,753 to about 275,000 the association began to notice some deficiencies with the building sighting condition um and so in 2021 the association hired Encompass engineering to assess the sighting across all of the buildings and the evaluation revealed extensive damage to the sheathing and the underlying framing um the report indicated that these conditions resulted from citing deterioration lack of weather barrier barrier and animal habitation uh during their investigation they found that the multi-story deck stacks and Below windows and roof wall intersections had some of the poorest conditions uh some of those images are from that investigation uh the report noted that the deficiencies left in the current state would continue to deteriorate the building following the assessment by Encompass uh the association considered options for financing the improvements to correct the building deficiencies uh the association uh contacted three lenders and could not secure financing to complete the improvements in 2022 the association reached out to the city to discuss the potential of creating an hiia to pay for the improvements in addition in 202 three the association was declared ineligible for mortgage financing through Fanny May and Freddy Mack the two largest providers of conventional loans due to the significant deferred maintenance of the property the association submitted the formal application in July 2024 the proposed project includes a wide variety of repairs um the most significant being the replacement of wind Windows Doors deck stacks and sighting which were identified in the report prepared by Encompass the total project bug budget including soft costs um and Loan costs is estimated at a little over 12.5 million um a high overall overall project cost estimate including a high contingency cost is to help cover the unknowns of what work may be hidden in the walls of the buildings and and that gives you a good idea kind of of all the different types of work that's going to be needed to be done um in the total project going on to financing uh the association indicated that it would uh prefer to finance the improvements initially with a construction loan provided by Northeast Bank the city would then provide takeout financing following the completion of the construction staff is proposing that the city issue General obligation house housing Improvement bonds over a 20-year term uh allowing prepayment prior to bond issuance which would avoid interest over 20-year term the assessment would come in as anticipated and cover the annual Debt Service required to make the bond payments should the council decide to pursue bonds to finance improvements within Villas at Chasewood housing Improvement area the bonds must be issued as taxable bonds the issuance of these housing Improvement bonds does not count towards the city's ability Bank qualification limits of 10 million annually and are not secured by the general obligation of the taxpayer uh the proposed maximum hiia fees for a 20-year Bond option is attached uh in your packet and provides an estimate of each unit's share of the project budget and each unit's maximum monthly h I fee the interest Factor percent of building for each unit should uh shown in the schedule is the interest factor of each unit owner's share of the association um which is included in the association's Declaration uh the project hi fees are maximums and the actual hi fees are anticipated to be less uh if the project comes in under budget then the maximum hi fees for all units will be reduced proportionately uh the D the table uh below depicts a sampling of the current 20124 dues and then the projected 20-year hiia term monthly dues and what total that would be uh per a monthly hiia or per month uh for a one-bedroom and a two-bedroom uh also you can see there the total assessments for if someone prepaid um would be for a one-bedroom unit uh 57 , 233 or about looking at an 800 squ ft unit about $71 um and 54 cents per square foot um and then two bedroom at 71,543 the same at uh looking at 1,000 square ft for a two-bedroom at $714 per square foot um in order for the association to move forward with an application the association must obtain signed petitions in support of the project from at least 60% of the property owners for the proposed hiia uh the association hosted uh lots of informal meetings and put out a lot of emails and different ways of communicating with the owners and received 157 petitions of support which is about 84% um staff reached out to about 10% of the residents that signed petitions to ensure that they understood what they were agreeing to and understood the costs costs associated all who responded stated they were provided a significant amount of information at multiple meetings and through multiple different forms and fully understood what the requirements and fees associated with the proposed project would be um staff's initial review of the application materials met the council's policy eligibility and a lot of those are lined out in the report um going through each individually um looking at the proposed hi application review timeline um as you can see July uh was when they applied to the city looking uh forward to October 2024 bringing it to council uh to accept the petition and initiate the process and then moving forward through November and December to a public hearing and regarding the order and fee resolution um and then into the beginning of 2025 where the city council would approve a development agreement and into February the city council authorizing sale of bonds if applicable and I believe that's the last slide now time for discussion great any questions Mr chair chair so is the is this hiia um is this the first one that we've done or have we done other hias in the city is my I have a laundry list of questions so I'll let the team answer that before we I can answer um chair Commissioners the year have been two hias at the city three no cedar Cedar Ridge and Cloud9 was the more recent was there one before that I don't know I'm my M those two for sure so Cedar Ridge is still repaying their hiia and Cloud9 is repaying their H in um that one was I believe like 2017 or 18 so that's our most recent one yeah Cloud N9 was done though with a different program wasn't it rather than issuing bonds it was a bond issuance was it same as this one yeah would be the firsted Cedar Ridge was a loan from the city I believe right in an internal fund that had a BAL B on it so that Development Fund is actually getting paid back if you look at the EIP it's reflected in there their repayment on the improvements at that time I think some of these next questions are probably more directed to aers as the as the ma so if if you know mind answering a couple of questions it it centers M my question center around the likelihood of timely payment of these fees or what I'm taxes the special assessment and and how that comes in is it paid by the HOA is it paid by the individual um property owners and the timeliness for to meet Debt Service on the bonds how can we be sure that if we're putting the city's name on it that we're going to have payment timely enough from the collection of the assessments to pay the interest and the principle on the bonds sure Mr chair and members um the um um the whole hia process is set up to be as um fullprof for the government as it can be given the situation um obviously it exists so that um lowcost financing or the lowest cost possible financing can be available to help these um in some cases naturally affordable House housing units and so um there are a number of safeguards that exist in a financing like this this to to address the concerns that you brought up um the first one is that um 105% of the cost of the project is levied every year and so you're collecting more than you need to at the end of the day the city the government doesn't keep any of that it goes back to the to the HOA but um it is a safeguard to protect against that um we also work with the applicant to get a feel based on their experience um for how many assessments may be prepaid because that affects how we would structure the bonds um but our experience has been that um there are very few instances where there's a lot of risk for the government in these situations because the special assessment sits in front of the mortgage and so if there were a foreclosure um ultimately it's a cash flow issue it's not a will you ever get paid issue so that brought up one of my if I can just interject um Shane can you maybe a little bit more careful on the words we're using because it really isn't a special assessment that's a different part of the state statute and I want to be clear for the record not because it really matters but it's a fee that's um collected so I just want to makeing Improvement fee is the technical name for the fee so when you get your tax statement it shows a separate line item that says housing Improvement fee right not an assessment Fair Point it functions in a very similar way I think I let him down that road wrongly so what happen happens when you know that there's this assessment this fee that's placed upon the property what happens when the property sells and I mean this is something that's ahead of the mortgage so what happens to that remaining outstanding balance of the fee is it assumed by the next purchaser of the property or does that have to be paid out of proceeds how does that work right do you want to yeah chair commissioner on cloud n the we structured it so the fee went along with the the next owner because the prepayment period was upfront before the bonds were issued so they weren't able to pay it off at a sale so this this and the reason we do that just to finish that thought the the reason we do that is because we want to assure the bond payment right over time and if if everybody's just selling and paying well then now we have a bond sitting out there um so it's it's a money management issue okay and the and the bonds would have a call period protection of some sort yes uh chair and members we we would uh put in a standard call in about 10 years of course we haven't gotten into the nitty-gritty details of structuring that debt yet and that wouldn't be structured until next fall sometime so the general timeline is that um if the the city of minetonka moves forward with this you go through a number of steps through the fall and into the first couple of months of next year year they would get a construction loan and do the project we'd understand the final cost next summer and then actually structure and sell the debt in the fourth quarter of 2025 so all those things would come into play We would put in what we think is an appropriate call date in the debt to avoid exactly what Miss wishnack was was talking about and uh try to manage the money as as best we can so then the are these bonds rated or are they not rated I mean the city's General obligation rating is a AAA are these bonds rated as a special fee Bond of the city or are they not rated um they typically are rated the city's goo is on the debt and so it is a back stop and that's how this whole financing works but it is not um Prim primarily or at all intended to be paid by that for all the reasons that we talked about and then that provides for by far the cheapest cost of debt for for the association compared comparatively to even what their construction loan is going to be from a bank and so then why would we double the costs of doing a construction loan and then the takeout financing instead of just wrapping them all into one package Mr chair and members so the the reason that this um H this project is doing it that way way is because they don't know what they're going to find inside the walls and so there's a healthy contingency built into the estimates for the project they're going to do the work and we've been working with the applicant to make sure that we determine those costs in about mid August of next year if this all moves forward so that all of those steps with the debt and sizing it correctly and all that can be done and so that we don't borrow more than we need and run into the issue that that we were talking about either through additional prepaids or borrowing too much or things like that so that we reduce the interest costs to the maximum extent possible and the and the bond amount so that's the reason is because they don't know exactly what they're going to find in the walls you saw the pictures how much wood is damaged inside there that's the big question Mr chair I have have one more question about the so the the fee the assessment fee is paid by the individual owner and not by the HOA is that correct that is correct y okay and and that's paid semiannual with their property tax okay so if I was the owner of one of these and maybe this is I I would have thought that that's what I was paying an HOA fee to do is to keep up with deferred maintenance on the project um so I guess that's just more of a statement than a question that I think I would have been disappointed if I'd owned this and and had all of a sudden what I thought were so not directed at Ellers not directed at Ean but just the general statement of not I mean I think this is a good program I think it's a good source and purpose I just am disappointed with the fact that these units that are what are they 25 35 years old are showing this kind of disrepair ch if I may yeah I mean I think this is something that we find in units of this era right it's before the law required everybody to comply with the long-term maintenance planning for their organizations and I think to keep cost low I mean this is very affordable housing it's not um what I would term a higher end housing or anything like that but it's naturally occurring affordable housing and the HOA fees were kept low to for a reason to to keep people in their homes and make it affordable they they miss the boat on on all of that planning which is now required by law of course and that's you know hindsight is 2020 I think there will be if you think this is the last of them um there will be a little bit I can't we have 5, 800 town home units condo units in the city and and I would say most of them are of this era so um we will be doing this for a while until people can catch up and um we can get to a point at which HOAs can be more self-reliant this this is this is not something that is just minona driven corre I had I had the opportunity to speak with the finance director from another city today about their use of the hias and they he said that this has become commonplace with multifamily affordable housing so not something that's this project or minaka specific and what what you bring up about um if I was if I was a town home owner and I'd been paying my HOAs and this wasn't taken care of one has to remember that the town home owners collectively are the HOA so they they voted in the the leadership who opted not to reserve it's it's the same thing as a homeowner do you do you manage your maintenance or do do you not um it's a it's a tough struggle Mr chair I have a question yes go ahead so how does the rent so there's people that own these homes I think it was 37% or something then the rest rent how does the rent and then the proposed uh fee compared to market for this type of property is this reasonable under Market over Market where where is it at from that standpoint yeah I guess uh Mr chair and members we could do the math on that as far as what those are rented at um just before we get off the topic and wanted to point out the affordability piece of it too I mean I mentioned naturally occurring affordable housing a moment ago and as you all know we're working on a couple of town home developments for affordable housing restricted incomes and things like that those are quite expensive per square foot I think we're all shocked at what those cost I'll speak for myself anyway I think I've been at this Podium talking about that before these are at about 70 bucks I know this is not new build but there's somewhat analogous right you're spending $4 or $500 a square foot for new affordable housing whereas on a project like this you're in the in the 60 or 70 depending on which number you use to to get a project back up to some level of um repair so that it's not going to be um further damaged with with water but on on the rent um side of things um uh we could do that analysis and get that back to you yes uh I I like this project because I saw it met all of the criteria um which is very important I like the project because we're talking about affordable housing and we all know we need to do more with affordable housing um I know it's going to help the impact around the community um housing prices and so on you don't want your values to go down in our community um so I just think there's a lot of good things here and I think it might be a good match for the hiia approval I don't know how you all feel but that's how I feel good good comments other go ahead uh nothing that hasn't already been said I think your points Irene this is this is what we want and kind of inoculating affordable housing against deterioration is a huge deal and as you pointed out $70 per square foot of doing that seems like a relative bargain not withstanding the challenges they've had historically in that right I agree a couple of things um that I was saying one by not doing the construction loan it actually takes a a big risk off of the city in the sense that we don't have to manage the construction loan and if the construction doesn't work out so I I think that's a big positive um in in reducing risk um the pricing that was mentioned about these um properties are I think it was like 150 to 250,000 or 175 is that before these improvements are made so that's what they're currently trading at in the market so we could assume that these improvements would bring the value up substantially um once once they're made um were there any reserves in the HOA um like what level of reserving were they at sure I do recall looking at the reserve study but I believe that um our consultant do or the the association's consultant can provide more input on that good evening thank you for allowing me to attend um several comments um the need for this work primarily is not a lack of Maintenance it is mostly poor designing construction um it was constructed with no water barrier behind the siding so any water that managed to get through the siding got to the sheathing which was non-waterproof sheetrock so it went straight through um the sheetrock and has started to deteriorate the structure and Encompass the engineering firm has done some inv invasive investigation and come out with structural members that were somewhere as much as 2/3 rotted away so po design and construction um the windows um the original Windows not good and as you may know you can pay whatever you want for Windows and you get what you pay for and the third facade and windows so those are the two biggest things but the attics is Al also big and the attics are a mess and you should not have to maintain attics they should be able to just sit there and when the association started having Compass do a top to bottom assessment investigate everything they started going through the attics and they went this is horrible some of the addicts didn't even have insulation so um uh addressing all that uh we're projecting that it will make a big difference for The Association members that um uh heating and air conditioning c will go down significantly completed another hiia project in St Louis Park um a year ago and they had a complete facade and roof redo and the building is now so energy efficient that they're having to overhaul their boiler system because last winter they couldn't turn it low enough and homeowners were complaining about being too hot in the building so um as you know the hi fees go on the property taxes property taxes get paid 99.9% of the time I learned over the years that even if you don't escrow with your mortgage company um if you don't pay your taxes the county reaches out to the mortgage company within 10 to 15 days of the due date the mortgage company pays the taxes and comes after you um I have been working with hi projects for 29 years and to the best of my knowledge none of them have ever come close to a default um one of the first projects was in Hopkins a 31028 unit Town Home Development which I referred to as the bay rout of Hopkins it was a true hell hole and the city said we gotta gotta gotta got to do this but um they allowed for uh a sizable default on the property taxes and the actual default rating didn't even hit 20% of what they were afraid it might be so very secure and I have heard one of his colleagues uh Stacy kilang uh appeared before several city council uh councils and say hi financing is a very low-risk use of bond financing um curiously yes there are 41 renters did you say yeah um many of them potent potentially a majority of them are family members of the owner so while they're technically renters I'm not sure that they're true renters um and then blacklisting that is the serious issue because since it was blacklisted last November I think only four or five of the units have sold and they have sold for about 30% of what they were selling selling what um Kendall shared as far as prices take 30% of those numbers and that's what they're selling for now and all I can conclude is those owners when they sold must have been really desperate for some reason to get out of there and no and that that's partially why you have some of the renters in certain situations if you can't sell you rent exactly exactly and um Fanny May and Freddy Mack there's been a lot of back and forth with them and they've said you can compl this project you're off the back list Blacklist until you complete the project you're on The Black List so those are my comments great thanks um I think oh I was going to ask what year was this built um I believe it was 1983 83 so we're talking 40 years it was built in 1989 198 89 okay 35 years um yeah I I mean there's there's no never such a thing as as no risk bonds but I really think this puts the city in a very lowrisk situation I'm assuming you're looking for a recommendation from us yeah um Mr chair before we do that can I just yeah a we do a lot of work relative to affordable housing and much of that work has to do with the butt for the city's monetary involvement that these projects would not work here we have a situation where we have naturally affordable housing back to what Irene had said that this is that we the city don't have to use any of our city resources in order to make these improvements to make this affordable housing long lasting in my mind this is a excellent use of an hiia in this situation and a project like this is something that that we should be looking at and following through on so with that I'd like to make a motion that we um recommend to the city council approval of the hia for the Chasewood Gates project and to move forward with the bond financing do I have a second second can we do a roll call Connors yes uh heg yes raka yes J jobson yes Johnston yes um just follow up uh we will go ahead and do some of the apartment rent information for the council when they review it so thank you for that comment and maybe one other comment I pulled up the reserve study while we were chatting and they had a cash reserve of 580,000 and they have a projection to slightly increase that if these yeah um a small percentage to keep on track for future improvements outside of this project part of that uh Reserve City and the agreement with the city requires them to check in with us about their the status of their reserves and their planning for future improvements great and it was a nicely um presented package thanks thank you want to do it sure why not go for it perfect on to the staff report so uh first thank you uh first looking at some Transit updates uh the uh Metro Green Line extension there is some new drone uh footage or new drone video of the entire Metro Green Line on the Metropolitan council's YouTube channel um I think in the packet it says go to about 8 minutes and 30 seconds if you want to get uh the sections that align in minona uh so go check that out um in addition the new 17th Avenue South Extension connecting celier drive to a reconfigured Fifth Street South and Kel drive at Shady Oak station is open uh and and it features a bike and pedestrian path alongside the road we were out there not too long ago and it was it looked pretty nice um and yeah uh the Minnesota River Bluffs Trail between Shady Oak Road in Minnetonka and exceler Boulevard and Hopkins is open too some other Transit updates uh Metro Transit Network now their full plan is available online uh I think they're holding public comment um until November 15th on the plan um so that's available and uh Metro Transit is currently planning for Transit service through 2027 uh through their new network now uh project and City staff have been meeting regularly to learn about what those proposed changes are um in addition Metro Transit is proposing to consolidate routes in minetonka while providing more frequent service on those Consolidated routes in addition uh the city is doing a Transit study um Nelson nyard continues to work on Menon on the study and Alicia if you want to yeah sure about that I can speak to this um the city's hired its own consultant kind of in concert with the work that Metro transit's doing so we want to make sure that we're getting the value for the transit service that they're um anticipating um rolling out in the next couple of years so that work will wrap up here this fall and we will present um that work back to you but we're really looking at where there's Transit gaps with this new plan and alternative service methods essentially you know what type of service um would best serve minona so there's some really unique things in the first couple of drafts that I've seen so far so stay tuned for that can I back up to uh Network now there is a meeting tomorrow night at the Hopkins Pavilion if you want to learn more go see what they're um talking about that's at 530 to 7 again that's at the Hopkins Pavilion if you want to participate thank you on to business updates uh business there's a business survey uh happening so staff is finalizing a survey consultant contract um which uh they plan to do a con uh conduct a Citywide business survey Alicia yeah um just to follow up on that this if you recall um the city did a survey right after the pandemic to gauge the um how the business Community was doing and we had a couple of initiatives that came out of that such as the Commercial Code Compliance um Loan program and an emergency grant that came out as some of the feedback from that survey so this is really the piggyback on that work and kind of do a um check on our businesses and try and understand kind of where they're at out of the pandemic so the it's never good to do a survey during the holiday season so we're finalizing our contracts now and I believe we're pegged for early next year to get that work done and it will be it's a different consultant than we used last time and they're actually going to do the call around so they'll call instead of yeah instead of emailing or or mailing a postcard so we're going to call a I think it's 400 businesses that they'll directly call and they keep trying until they get a hold of them so should be a really great um result for us also um we continue to partner with Elevate hennipin on a business Consulting they've had a lot of success lately they've really upped the marketing for that program um so that every everybody's hearing about it so it's been a great resource so out of um q1 and Q2 of 20 24 16 minetonka businesses have worked with one of their 39 consultants for a total of 229 free service hours now comes me uh if you haven't been over to Marshon 2 on 394 looking really good uh it's got the top floor on it so that's the max height that you will see on that project and then um City owned properties we're still working with the m and uh we'll have a contract soon um they did indicate next spring though they'll do the construction so we thought maybe they get in this fall but we're we're going to probably push that back a little bit um Greco menka I think we are this close to issuing that permit I heard today that we're this close um what happens if you don't know what happens in the time that the council approves it to the time they get their building permits there's about 30 pages of things they've got to check off the list and so they're working through that um and uh they should be under construction soon that's good because that building needs to come down we've had a lot of um problems with uh vandalism Etc at that building so we're happy that that is uh going to be demolished then the minute tunka Mills that all again move into the spring we thought maybe they' get under construction this fall but that looks like a spring project as well uh nothing in terms of what the city's doing it's just a timing issue for the projects they're bringing online right now gry star if you haven't been out to Opus lately that also is under construction and it uh the demo happened probably a month ago and so lots of the site work you can see underway um Marsh 3 I know no you thought we only had two but we have three and uh that is H through concept plan review at the city council there was a a proposal for 26 Town Homes at the corner of Fairfield and Y A Boulevard so you know where the Burke is and you know where Marsh Run 2 is it's right in the middle of that at the commercial building there's mixed feedback on that um in terms of the site constraints and the number of units on that site and so kind of re working that plan seeing if uh the developer will move ahead or not and then the same kind of project in Mira Villas was actually approved at the council meeting that is a 30 I'm losing my numbers in my head I think it's 30 something in terms of unit count and they are going to be under construction yet this fall um miscellanies projects the Suz um Corporate Center and clear clear water are still doing their remodeling scoreboard had some uh improvements they were doing People's Organic if you haven't heard it there is an unsafe building placard on the building so there's some problems with the trusses in the building and um we don't placard buildings very often but that one had to be considered an unsafe building so when that happens uh by order of the the city the building official um they will put that on the building so if you see that walk by that's what that's about the trusses need to be repaired once those are repaired uh the building can be occupied again but until then um that is what is happening uh Children's Hospital there is a remodeling still going on there and statuses if you haven't heard they do have some permits issued for out in Opus at 5959 Opus Parkway they are adding a a larger Elevator Shaft if you don't know them they're a 3D 3D printing company from originally Eden Prairie and they're moving a lot of their operations here in manat tanka and they need larger elevators to move their equipment up and down in the building so that's what that additional Elevator Shaft is for uh Le Schwab Tire I didn't get to update that that actually has gone away that project has been um they have pulled their application they will no longer pursue that site on Highway 7 walzer Kia um I was just out there today it looks um the they're starting to remove things on the old building and so the demolishing of that building will happen soon as well um and I think that well it should be under construction soon and then probably by uh by December we'll have some structure on that project that was a long report sorry can I add two things yes what did I forget um both the Amira Villas and the Greco project had a units included but they aren't asking for any assistance so that is why we didn't present them to the edac because they didn't have a financial request but there is a declaration that gets recorded to keep those uh affordable for 30 years so I just wanted to mention that that they had affordable units included good point whenever they follow the policy and there's no special requests you don't see those so but know that they're still including affordable housing good point thanks goe oh do I have to talk about this sure uh if you don't know uh we are doing a zoning code update in the there were a lot of things in the city's comprehensive plan that talked about whether it be goals regarding affordable housing or Equitable development and we talked about uh Ranger broader range of housing choices that sort of thing all of that is in the existing comprehensive plan the city did receive a grant from the Metropolitan Council to pursue how to maybe rewrite the zoning code to meet the guidelines of the comprehensive plan and we were able to do this diagnostic analysis and it was quite well done uh we had a consultant come in and show us kind of what they would fix first and then some other um complete rewrite options for the city council and city council at their July 22nd study session did have a consensus that we should move ahead with a full ReRe right for those of you who don't that's all right we actually don't mind doing the full rewrite um because we we actually as staff we felt like doing it in pieces probably was even more work than doing a full rewrite so we were pleased uh with the outcome and and it is about a 18mon a two-year process it's not a short process uh we are just in the throws of um developing the outline for the council about how this will work who is involved what is the public input process that sort of thing so we're just kind of finalizing that know that as a commission you will have some representation I don't know exactly how that's going to work it's up to the mayor and the city council to kind of make sure that it's the the group that they um want to be involved and make sure that the right folks are on that committee but you will have a presence um and a a representation on that on that committee I shouldn't call it a committee it's a work group it is a work group because you're going to be working so I think um that's going to be a hard project but it's going to be exciting because it's been a while since we've drafted and it's not normal to rewrite your city zoning ordinance all that often it's not something you do every five years like you do a CIP it's something that's almost a couple of generations of uh change that you then come into a full rewrite so we're excited and we'll get underway soon so good attitude thank you when you actually finish the Zone rewrite how is that is it approved by city council or is it voted by the community there is not a vote per se by the community um we're hoping that people actually don't just show up at a hearing at the end we would like people to be engaged the whole time or at least in parts of it that are important to them um so we're trying to figure out a way where it's not over whelming to somebody because to ask somebody to read a zoning ordinance is not exactly the most stimulating thing you can ask somebody to do but I do think that there are ways to maybe engage with people that aren't so uh difficult and make it a little bit easier for them but um of course there's public hearings required at the end and formal things that we have to do but I'm hoping that's not how you know the public becomes engaged I hope they stay engaged with us the whole way yeah thank you great um on to housing updates uh the rental registration program keeps Trucking along um we have had about 313 uh registrations 36 are multif family buildings and we're working on getting more of those uh property managers to put their buildings um onto the registry and then 277 are for um individual units in condo's town home or single family homes um looking at our uh homelessness program we have about 56 minona residents that have been helped 33 minors um we still have approximately 62,000 uh dollar left um to support those residents um at the next council meeting actually the staff uh staff is asking Council to approve an extension with his Foundation uh for their homelessness work for a 2-year extension to continue doing the great work in our community um and then in addition uh we are asking them to approve an agreement um with his house foundation to um take over administering our emergency rental assistance with remaining $50,000 that had previously been allocated for emergency rental assistance um his house foundation is in um in the depths of helping people in the greatest need and so uh they are a perfect fit to take um over administering uh our emergency rental assistance and staff's mind um other housing updates uh Pathways to home ownership it's been extremely successful all initial funds have been expended um that's about nine loans completed um with some demographic data there uh seven identified as white one identified as Asian or Pacific Islander and one identified as black or African-American uh the average income was about 83,000 and the average age was about 46 um Council approved an additional 200,000 on September 23rd uh to go to this program to help support those who are wanting to use it right now um and uh we had a lot of calls during the time when we didn't have funds that people were interested in in buying property and we're waiting to to get some funding in so we're excited to have more funds available for those who are looking for down payment assistance what was the average loan amount of those nine loans that were completed 45,000 about yeah yep because you had to write in a different report so true um and then uh just last um that we do have a story map that we put together um and if uh you are interested in looking more into it has a lot of this information but also additional information about um all of our housing work uh that has been going on in the city um all it has a lot of detail um but it's meant to help you all when you talk with uh people in the community to helped the council but it has a really lot of really really good information uh to help understand what happen housing looks like in minetonka through the website right okay yeah I can try we can attempt to navigate look at that easy as that um it has a lot of different headers uh so Community demographics housing demographics housing policy uh looking at development and finance our goals rental Housing Home Ownership homelessness senior housing um engagement in the region um and so clicking each one of these will bring you to a different section um and clicking on these will bring up the policies on our website um and take you to even more information um looking at our goals you can see um things from what we use um to help us achieve our goals um and the goals of the region let's see Home Ownership we have great um tables somebody put a lot of time and effort into that yes I did thank you very nicely done I'm glad it looks great and you guys appreciate it because it was a lot of tears and sweat but a lot of Tears learning on the fly but yeah so uh it has a lot of information on there so um let us know if you want I think the link is on the website but it is on the it is on the packet so yeah we haven't I mean part of the reason we haven't launched it because we want people to look at it first and give us some feedback and if there are things missing or we miss the boat on some things we want to hear that and then I mean it's publicly available it's not like people can't get to it it's just we're not sure we want to promote it until we really have it you know totally done so let us know well it should be our job to test it a little bit exactly uh just some upcoming events the fire department in City open house is on October 8th so don't forget um and then the next edac meeting is on November 14th I think that's all I got okay do I have a motion to adjourn I'll make a motion okay second all in favor I I meeting adjourned and chair if I may ask you if anybody cannot make the November 14th just let us know um either tonight or at least two weeks would be really awesome if you can let us know that because then okay sounds good so if you're AR coming just let us know thank you 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