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10-20-08 Regular HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting October 20, 2008 CALL TO ORDER The meeting was called to order by Vice Chair Kirsch at 7:00 p.m. ROLL CALL HRA Members Present: Martin Kirsch, Vice Chair; Joan Helmberger; Doris Rubenstein; and David Gepner. HRA Members Absent: Sue Sandahl, Chair. Staff Present: John Stark, Acting Executive Director; Karen Barton, Community Development Manager; and Cheryl Krumholz, Recording Secretary. Item #1 HRA APPROVAL OF MINUTES Commissioner Gepner requested the September 29 Special HRA Meeting minutes be amended to indicate that no tour took place. M/Helmberger, S/Gepner to approve the minutes of the (1) Regular HRA Meeting of September 15, 2008; (2) Special HRA Meeting of September 29, 2008 as amended; and (3) Special HRA Meeting of September 30, 2008. Motion carried 4-0. HRA APPROVAL OF AGENDA Item #2 M/Gepner, S/Rubenstein to approve the agenda. 2- HRA Meeting - October 20, 2008 Motion carried 4-0. Item #3 CONSIDERATION OF RESOLUTION AUTHORIZING USE OF AFFORDABLE HOUSING INITIATIVE FUND DOLLARS FOR 6744 BLAISDELL AVENUE REDEVELOPMENT S.R. NO. 45 Acting Executive Director Stark presented Staff Report No. 45. Acting Executive Director Stark explained the Land Trust guidelines. M/Gepner, S/Helmberger that the following resolution be adopted and that it be made part of these minutes: HRA RESOLUTION NO. 1041 RESOLUTION AUTHORIZING THE USE OF A $40,000 AFFORDABLE HOUSING INCENTIVE FUND LOAN FOR THE REDEVELOPMENT OF 6744 BLAISDELL AVENUE Motion carried 4-0. This resolution appears as HRA Resolution No. 1041. Item #4 CONSIDERATION OF SUBORDINATION REQUEST FOR HRA TRANSFORMATION HOMES INCENTIVE LOAN AT 7009 NEWTON AVENUE S.R. NO. 46 Acting Executive Director Stark presented Staff Report No. 46. M/Gepner, S/Rubenstein to approve the denial of a subordination request for HRA Transformation Homes Incentive Loan at 7009 Newton Avenue. Motion carried 4-0. Item #5 CONSIDERATION OF REVISED SUBORDINATION POLICY FOR HRA LOANS S.R. NO. 47 Acting Executive Director Stark presented Staff Report No. 47. Commissioner Rubenstein discussed her concerns regarding the increasing number of refinancing requests and her belief that the policy should be even stricter. She discussed the public perception that some residents believe City staff has more power than many citizens like to see. She suggested policy revision options be provided to the HRA at a future meeting. Commissioner Gepner agreed to needing more stringent rules and that he would more likely support revisions if the subordination puts the funds back into the property. 3- HRA Meeting - October 20, 2008 Acting Executive Director Stark stated a revised policy is trying to expedite the process for homeowners. M/Rubenstein, S/Gepner to direct staff to revise the subordination policy in light of tonight’s discussion and present them to the HRA for consideration before the end of the year. Motion carried 4-0. Item #6 CONSIDERATION OF PENN CORRIDOR DESIGN GUIDELINES S.R. NO. 48 Community Development Manager Barton presented Staff Report No. 48. Bruce Chamberlin, Hoisington Koegler Group, reviewed the draft guidelines stating they should be considered urban not architectural and complimentary to land uses and zoning codes. Community Development Manager Barton discussed the public involvement process to date and upcoming dates for the Planning Commission and City Council consideration. Community Development Manager Barton reported on the proposed Metro Transit park-n- ride for the southeast quadrant at Crosstown and Penn Avenue. M/Gepner, S/Rubenstein to approve Penn Corridor design guidelines. Motion carried 4-0. Item #7 ACTING EXECUTIVE DIRECTOR REPORT Acting Executive Director Stark stated a Special HRA Worksession is scheduled for November 3 at 7 p.m. at the Maintenance Facility, 1901 East 66th Street, to discuss the status of the Cedar Point II redevelopment. Item #8 CLAIMS AND PAYROLL M/Rubenstein, S/Helmberger that the following claims and payrolls be approved: U.S. Bank 10-20-2008 Section 8 Checks: 115882 – 116030 $ 181,304.86 HRA Checks: 30377 - 30408 $ 93,209.51 TOTAL $ 274,514.37 Motion carried 4-0. HRA Meeting -4- October 20, 2008 ADJOURNMENT The meeting was adjourned by unanimous consent at 7:56 p.m. Date Approved: November 17, 2008 Cheryl Krumhol Recording Secretary