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08-16-04 Regular HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting August 16, 2004 The meeting was called to order by Vice Chair Heimberger at 7:00 p.m. HRA Members Present: Joan Heimberger; Martin Kirsch; Dan Linnihan; and Kristal Stokes. HRA Members Not Present: Thomas Harms. Staff Present: Steve Devich, Acting Executive Director/Acting City Clerk; Bruce Palmborg, Community Development Director; Bruce Nordquist, Housing and Redevelopment Manager; and Chris Regis, Finance Manager. Item #1 M/Kirsch, S/Linnihan to approve the minutes of Reaular HRA Meetina of Julv 19. 2004. Motion carried 4-0. Item #2 Item B of the Consent Calendar regarding consideration of approval of form of security for pledge by Gramercy Corporation LLC of $500,000 towards cost of skyway S.R. No. 35, was tabled to a future meeting. The amended agenda was approved by unanimous consent. HRA Meeting Minutes -2- August 16, 2004 Item #3 A. Approved resolution consenting to transfer and assignment of City Bella Limited Revenue Tax Increment Note S.R. No. 34 HRA RESOLUTION NO. 928 RESOLUTION CONSENTING TO THE TRANSFER AND ASSIGNMENT OF LIMITED REVENUE TAX INCREMENT NOTE. This HRA Resolution appears as HRA Resolution No. 928 in HRA Resolution Book NO.7. B. This item is removed from the consent calendar for future discussion. M/Linnihan, S/Stokes to approve the Consent Calendar as amended. Motion carried 4-0. Item #4 Housing and Redevelopment Manager Nordquist reviewed Staff Report No. 36 regarding a resolution authorizing the sale of 6805 12th Avenue to Twin Cities Habitat for Humanity for single family home development (continued from July 19, 2004). M/Kirsch, S/Linnihan to close the public hearinq. Motion carried 4-0. M/Stokes, S/Linnihan that the followinq HRA resolution be adopted. that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 929 RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT 6805 12TH AVENUE SOUTH TO 1WIN CITIES HABITAT FOR HUMANITY IN ACCORDANCE WITH A DEVELOPMENT AGREEMENT Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 929 in HRA Resolution Book NO.7. Item #5 ";~,,_':,\2'f.~:.V,.,"~->t::'"'7'.".-' '-',~c-~,~r:.~.--.,"::-,,-~,_~ HRA Meeting Minutes -3- August 16, 2004 Community Development Dire9tor~alrnborg addressed the HRA with a slide presentation regarding the Budget highlights and 2005 la'x'ievy of the HRA, including significant project results, the focus of the department, key goals for 2005 and budget/revenue considerations. Mr. Palmborg reviewed the "Summary of 2004/2005 Budget - All Funds" in detail and explained negative December 31, 2005 fund balances for three projects. Vice Chair Heimberger asked about the levy process for the HRA. Acting Executive Director Devich responded that after the action taken here, the HRA portion of the levy would be included with the City levy and TNT process. Commissioner Linnihan asked about using firefighters to do Section 8 property inspections. Mr. Palmborg responded that this has been explored in the past and software is being written for the program that may facilitate that discussion again in the future. Commissioner Linnihan asked if the trend is to take the full levy in the future and asked that staff explore new revenues from future projects to help make the HRA self sufficient without the property tax levy. Acting Executive Director Devich responded that staff would certainly work toward that goal, but the reality for now and the foreseeable future is that the HRA would likely need the full levy authority to remain viable. Community Development Director Palmborg stated that staff has looked at alternate revenue sources through future redevelopment efforts and will do so in the future. Commissioner Kirsch stated that he believes that this is a good suggestion and that the City Council has also pursued more self-sufficiency for revenues. Commissioner Kirsch stated that he keeps hearing that citizens appreciate how good the community looks and the redevelopment efforts and results. Commissioner Linnihan stated that it was critical that the housing program continue. M/Stokes, S/Linnihan that the followinq HRA resolution be adopted. that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 931 RESOLUTION APPROVING PROPOSED 2005 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE 2004 TAX LEVY Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 931 in HRA Resolution Book NO.7. M/Linnihan, S/Stokes that the followinq HRA resolution be adopted. that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 930 RESOLUTION AUTHORIZING REVISION OF THE 2004 BUDGET OF THE HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD HRA Meeting Minutes -4- August 16, 2004 Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 930 in HRA Resolution Book No.7. Item #6 No report. Item #7 MIStokes, S/Kirsch that the followino claims and pavroll be approved. FIRSTAR BANK Section 8 Checks: 106605 - 106737 HRA Checks: 27229 - 27259 $190,015.46 $136,329.61 Motion carried 4-0. The meeting was adjourned by unanimous consent Steven . Devich Acting Executive Director