03:50These funds will support the construction of six single-family homes aimed at households earning at or below 80% of the area median income. This move follows last year’s approval of $145,000 for three similar projects, highlighting a sustained effort to increase affordable housing options. The resolution is important for SW MHP’s grant application to the Minnesota Housing Finance Agency, and if all projects proceed, only six affordable lots will remain in the Traverse Green development.

The council expressed strong support for the collaboration with SW MHP, recognizing the need for affordable housing solutions.

12:53In another discussion, the council approved a development agreement related to a housing project in the North Industrial Park. The agreement involves a land swap, eliminating the city’s obligation to pay property taxes on currently vacant land and negating the need to purchase additional land for the Colin Street project. This agreement also includes an $80,000 stormwater improvement fee and a commitment to complete the plan by October 2026. The development will feature an apartment complex with integrated sidewalks and trails.

16:53Additionally, a public hearing date was set for Tax Increment Financing (TIF) District number 1-26. The district is designed to capture new property taxes from the housing project for up to 12 years, capped at over one million dollars. This financial tool will assist St. Peter Land LLC in financing the development, with stipulations that 20% of the units remain affordable at 50% of the area median income and 10% accept federal and state housing funds.

21:36Supported by a grant from the Minnesota Department of Transportation, this project aims to improve connectivity through expanded trail systems, with potential completion as early as late 2025 or 2026.

26:46The meeting also addressed important labor issues, with the approval of contracts with local unions covering water, wastewater, stormwater services, and streets. These contracts include a one-year term for 2024 with a 4% pay increase and notable changes such as adjustments to safety equipment provisions, on-call pay, and uniform allowances. The contracts reflect a collaborative approach to employee relations.

36:01Flooding issues affecting the city were another topic of discussion, with updates provided on rising river levels complicating city operations. Streets such as Walnut and Front Street were closed due to storm sewer management needs, and residents were encouraged to redirect sump pump discharge to alleviate the strain on the sewer system. The city administrator emphasized the importance of staying informed through the Department of Transportation’s website for travel and detour updates.

40:53Lastly, preparations for the Fourth of July celebrations were discussed, with details on the unchanged parade route despite ongoing construction. The mayor highlighted the community effort involved in organizing the event, ensuring a successful celebration with coordination among the city, the Chamber of Commerce, and volunteers.