04-08-03 Special
HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
Special Meeting
April 8, 2003
The meeting was called to order by Vice Chair Heimberger at 7:00 p.m.
HRA Members
Present:
Joan Heimberger; Kristal Stokes; Michael Sandahl; and Dan Linnihan.
HRA Members
Not Present:
Thomas Harms.
Staff Present:
Samantha Orduno, Executive Director; Bruce Palmborg, Community
Development Director; Nancy Gibbs, City Clerk; Bruce Nordquist, Housing
and Redevelopment Manager; and John Dean, HRA Attorney.
Item #1
M/Stokes, S/Linnihan to approve the aQenda.
Motion carried 4-0.
Item #2
Housing and Redevelopment Manager Nordquist presented Staff Report No. 17 regarding
consideration of a stipulation of settlement between HRA and Triple S. Investments for Checker
Auto property at 6700 to 6708 Lyndale Avenue; City Bella project.
Special HRA Meeting Minutes
-2-
April 8, 2003
M/Sandahl, S/Stokes to authorize the Executive Director to execute the Stipulation of
Settlement between the Housinq and Redevelopment Authority and Triple S. Investment, 6700 to
6708 Lvndale Ayenue on behalf of th7 H()usinqand ~E3dE3velopment Authoritv.
Motion carried 4-0.
Item #3
Executive Director Orduno presented Staff Report No. 18 regarding the consideration of
assignment and subordination of HRNGramercy Corporation's Second Amended and Restated
Contract for Private Redevelopment to American Bank of St. Paul for City Bella project financing.
M/Sandahl, S. Stokes to authorize the Assiqnment and Subordination of the Second
Amended and Restated Contract for Private Redevelopment to American Bank of St. Paul for the
City Bella proiect.
Motion carried 4-0.
Item #4
Executive Director Orduno presented Staff Report No. 19 regarding consideration of a
License Agreement with The Cornerstone Gropp for Candlewood parcel for use as site for a
temporary marketing office.
M/Sandahl, S/Stokes to approve the License Aqreement with The Cornerstone Group for
the Candlewood parcel. which would be used as a site for temporary marketinq office.
Motion carried 4-0.
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The meeting was adjourned by unanimous const...,...,.~~.,.~t(7f:15 p.m.....~1 /
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Date Approved: April 21, 2003 / Yfyv,-,j \I /
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Nancy Gibbs (J'
City Clerk