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03-18-02 Regular I I I HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting March 18, 2002 The meeting was called to order by Chair Harms at 7:00 p.m. HRA Members Present: Thomas Harms; Dan Linnihan; Kristal Stokes; and Joan Heimberger. HRA Members Not Present: Michael Sandahl. Staff Present: Samantha Orduno, Executive Director; Bruce Palmborg, Community Development Director; and Steven Devich, Acting City Clerk. M/Helmberger, S/Stokes to approve the minutes of the Reqular HRA Meetinq of February 19, 2002. Motion carried 4-0. Item #1 No one wished to address the HRA. HRA Meeting Minutes -2- March 18, 2002 Item #2 MIStokes, S/Linnihan to approve the aqenda. Motion carried 4-0. Item #3 Community Development Director Palmborg reviewed Staff Report No. 13 regarding a resolution authorizing the sale of 7039 Fifth Avenue to Twin Cities Habitat for Humanity for single family home development. Commissioner Linnihan asked how the property ownership was monitored to ensure repayment of the second mortgage. Ryan Karis, Habitat for Humanity, stated that the mortgage gives Habitat the right of first refusal. If Habitat does not repurchase, then the second mortgage is repaid at the sale. MIStokes, S/Helmberger to close the public hearinq. Motion carried 4-0. MIStokes, S/Helmberger 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. 847 RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT 7039 FIFTH AVENUE SOUTH TO TWIN CITIES HABITAT FOR HUMANITY IN ACCORDANCE WITH A DEVELOPMENT AGREEMENT Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 847 in HRA Resolution Book NO.7. Item #4 No Executive Director Report. Chair Harms asked about the status of the Gramercy project. Executive Director Orduno stated that staff expected to bring a new concept and contract to the HRA at the April meeting. I I I I I I ~--'-'''''''''''~ - "'i<-.... #~.--~..~i,.- -- HRA Meeting Minutes Item #5 -3- March 18, 2002 M/Helmberger, S/Linnihan that the followinq claims and pavrolls be approved: FIRSTAR BANK Section 8 Checks: 103003 - 103118 HRA Checks: 25312 - 25327; 26042 - 26073 Motion carried 4-0. $172,979.40 $166,913.03 The meeting was adjourned by unanimous consent _I