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07-16-01 Regular I I I HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting July 16, 2001 The meeting was called to order by Chair Harms at 7:00 p.m. HRA Members Present: Thomas Harms; Michael Sandahl; Dan Linnihan; and Kristal Stokes. HRA Members Not Present: Joan Heimberger. Staff Present: Samantha Orduno, Executive Director; Bruce Palmborg, Community Development Manager; and Deborah Guiher, Deputy City Clerk. Commissioner Linnihan requested his statement on page 4 of the June 18 Minutes be amended. MIStokes, S/Linnihan to approve the amended minutes of the Reqular HRA Meetinq of June 18, 2001. Motion carried 4-0. HRA Meeting Minutes -2- July 16,2001 Item #1 I No one wished to address the HRA. Item #2 The agenda was approved by unanimous consent. Item #3 A. Approved issuance of Certificate of Completion for Mainstreet Village, 7601 Lyndale Avenue S.R. No. 48 B. Approved resolution waiving notice and consenting to financing of project by Hennepin County HRA within area of operation of City of Richfield HRA S.R. No. 49 I HRA RESOLUTION NO. 826 RESOLUTION WAIVING NOTICE AND CONSENTING TO THE FINANCING OF A PROJECT BY THE HENNEPIN COUNTY HOUSING AND REDEVELOPMENT AUTHORITY WITHIN THE AREA OF OPERATION OF THE CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY This HRA Resolution appears as HRA Resolution No. 826 in HRA Resolution Book NO.6. M/Sandahl, S/Stokes to approve the consent calendar. Motion carried 4-0. Item #4 Executive Director Orduno stated that the terms of settlement for 7629-33 Lyndale I Avenue are approximately $20,000 less than the jury award. I I I . - - ~ - - ,,~~~~~. ---'~J1.\;f~-;;;i.;,q"'i HRA Meeting Minutes -3- July 16, 2001 M/Sandahl, S/Stokes to approve the settlement terms with Susanne H. Metzger, formerly known as Susanne H. Harris, et.'al., reqardinq Parcel 4. as discussed with Richfield Housinq and Redevelopment Authority leqal counsel. Motion carried 4-0. Item #5 Executive Director Orduno reviewed Staff Report No. 51 regarding an agreement with the City of Richfield and Best Buy Co., Inc. for partial financing of the Penn Avenue Bridge Project. Executive Director Orduno stated that legal counsel with Kennedy and Graven was present to answer questions regarding the financing of the Penn Avenue bridge. David Kennedy, legal counsel with Kennedy and Graven, reviewed the information provided in a memo dated June 28,2001 from City Attorney, Corrine Thomson. This included a General Introduction, the Proposed Schedule of Events, the Possible Variation and the Conclusion and Recommendation for this financing proposal. Chair Harms requested that staff ensure that the City maintain the funds for the administrative costs and that these funds be preserved to pay costs for the appropriately identified purpose. M/Sandahl, S/Stokes to approve the aqreement with the City of Richfield and Best Buy Co., Inc. for partial financinq of the Penn Avenue Bridge Proiect. Motion carried 4-0. Item #6 M/Stokes, S/Sandahl that the following claims and payrolls be approved: FIRSTAR BANK Section 8 Checks: 102126-102231 HRA Checks: 25166-25185; 25558 - 25602 $154,996.99 $152,526.20 Motion carried 4-0. HRA Meeting Minutes -4- July 16,2001 The meeting was adjourned by unanimous consent at 7:16 p.m. Date Approved: August 20. 2001 W~ ~. fZ5t~'w,-, Deborah J. G her Deputy City C erk I I I