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02-20-07 Regular ~ HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting February 20, 2007 CALL TO ORDER The meeting was called to order by Chair Sandahl at 7:00 p.m. ROLL CALL HRA Members Present: Sue Sandahl; Martin Kirsch; David Gepner; Donna Drummond; and Joan Heimberger. Staff Present: Steve Devich, Executive Director; Bruce Palmborg, Community Development Director; Deborah Guiher, Deputy City Clerk; and John Dean, HRA Attorney. Item #1 APPROVAL OF MINUTES M/Gepner, S/Kirsch to approve the minutes of Reaular HRA Meetina of January 16. 2007. Motion carried 5-0. Item 2 PRESENTATION BY JAN SUSEE REGARDING CITY BELLA STREETSCAPE Before Mr. Susee's presentation, Community Development Director Palmborg reviewed past discussion on proposed improvements for this site. He discussed pedestrian scale lights that would be placed around the City Bella project area and the difficulty in finding funding for the operating costs of the lighting. If funding isn't available for the lights, another possibility would be to have an underground vault built to house the signal light boxes that are located on the corner of 66th Street and Lyndale Avenue. HRA Meeting Minutes -2- February 20, 2007 Jan Susee made a presentation on the City Bella Streetscape. He discussed the planters and three sculptures that are being considered in this project area. The sculptures would be owned and maintained by Kirchbak Sculpture Garden. The funding for the artwork is from a Metropolitan Council Grant which originally was to be used for a skyway connection to Woodlake Centre, which will not be constructed. Item #3 HRA APPROVAL OF AGENDA M/Kirsch, S/Gepner to approve the aoenda. Motion carried 5-0. Item #4 CONSIDERATION OF ESTABLISHING FORECLOSURE REDEMPTION REVOLVING FUND AND AUTHORIZING REDEMPTION OF 7422 FOURTH AVENUE AND REPAIRS AND RELATED EXPENSES NOT TO EXCEED $155,654 S.R. NO.8 Community Development Director Palmborg presented Staff Report NO.8. He continued by discussing the pros, cons and challenges of this project. The primary objectives are: . Help maintain the supply of ~ffordable housing . Protect the investment of the HRA . Improve conditions of existing housing and strengthen residential neighborhoods HRA Attorney Dean stated that a decision on whether funds should be expended to acquire this property is time sensitive and needs to be made at tonight's meeting. M/Kirsch, S/Gepner to establish the foreclosure redemption revolvinofund and authorize the redemption of 7422 4th Avenue and repairs and related expenses not to exceed $155.654. Motion carried 5-0. Item #5 EXECUTIVE DIRECTOR REPORT Executive Director Devich reported that the lawsuit against the Metropolitan Airports Commission (MAC) began this morning and could be concluded by the end of this week. litem #6 I CLAIMS AND PAYROLL M/Helmberger, S/Drummond that the followino claims and pavroll be approved. HRA Meeting Minutes U.S. Bank Section 8 Checks: 111361 - 111509 HRA Checks: 29788 - 29824 TOTAL Motion carried 5-0. I ADJOURNMENT -3- February 20, 2007 $ 172,535.60 $ 98,064.58 $ 270,600.18 The meeting was adjourned by unanimous consent at 8:08 p.m. Date Approved: 3-/1-()7 ({jjjt1~nAj, ~.(~.hLl) Deborah Guiher Deputy City Clerk