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05-18-2009 RegularJ HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting .May 18, 2009 CALL TO ORDER The meeting was called to order by Chair Sandahl at 7:00 p.m. ROLL CALL HRA Members Present: Sue Sandahl, Chair; David Gepner; Doris Rubenstein; and Steven Quam. HRA Members Absent: Joan Helmberger. Staff Present: John Stark, Acting Executive Director; Karen Barton, Assistant Community Development Director; and Nancy Gibbs, City Clerk. Item #1 HRA APPROVAL OF MINUTES M/Quam, S/Gepner to approve the minutes of (1) Regular HRA Meeting of April 20, 2009. Motion carried 4-0. Item #2 HRA APPROVAL OF AGENDA M/Rubenstein, S/Gepner to approve the agenda. Motion carried 4-0. HRA Meeting -2- May 18, 2009 Item #3 CONSIDERATION OF FORECLOSURE PURCHASE INCENTIVE PROGRAM DOWN-PAYMENT ASSISTANCE LOAN AGREEMENT BETWEEN HRA AND BETH VOYLES FOR PURCHASE OF 7532 WENTWORTH AVE S.R. NO. 19 Assistant Community Development Director Barton presented Staff Report No. 19. M/Quam, S/Rubenstein to approve Foreclosure Purchase Incentive Program Down- Payment Assistance Loan Agreement between HRA and Beth Voyles for purchase of 7532 Wentworth Avenue. Motion carried 4-0. Item #4 CONSIDERATION OF FORECLOSURE PURCHASE INCENTIVE PROGRAM REHABILITATION ASSISTANCE LOAN AGREEMENT BETWEEN HRA AND LINDSAY JACOBS FOR PURCHASE OF 6810 -11TH AVENUE S.R. NO. 20 Assistant Community Development Director Barton presented Staff Report No. 20. The HRA noted there was a typographical error on the staff report that incorrectly stated the loan was for down-payment assistance. M/Rubenstein, S/Sandahl to approve Foreclosure Purchase Incentive Program Rehabilitation Assistance Loan Agreement between HRA and Lindsay Jacobs for purchase of 6810 - 11th Avenue. Motion carried 4-0. Item #5 CONSIDERATION OF RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY AT 7408 SHERIDAN AVENUE THROUGH RICHFIELD REDISCOVERED PROGRAM, CONTINGENT UPON FINDING OF CONSISTENCY WITH COMPREHENSIVE PLAN BY PLANNING COMMISSION S.R. NO. 21 Assistant Community Development Director Barton presented Staff Report No. 21. Assistant Community Development Director Barton stated she anticipates the HRA purchasing more homes in the next few months. Commissioner Quam expressed the need to let people know there is money available through Richfield Rediscovered. M/Rubenstein, S/Gepner that the following HRA resolution be adopted and that it be made part of these minutes: HRA Meeting -3- May 18, 2009 HRA RESOLUTION NO. 1047 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7408 SHERIDAN AVENUE Motion carried 4-0. This resolution appears as HRA Resolution No. 1047. Item #6 CONSIDERATION OF RESOLUTION AUTHORIZING HRA ACCEPTANCE OF FUNDS FOR FEDERAL NEIGHBORHOOD STABILIZATION PROGRAM AND EXECUTION OF SUBRECIPIENT AGREEMENT WITH HENNEPIN COUNTY S.R. NO. 22 Assistant Community Development Director Barton presented Staff Report No. 22. Commissioner Rubenstein asked how this particular geographic area was chosen. Assistant Community Development Director Barton explained that staff was asked to target census block areas hardest hit by foreclosures. Commissioner Quam stated he would like to make sure there is enough staff to accomplish using this money by the end of this year. Acting Executive Director Stark stated the Community Development Department is looking at possibly hiring a project person. Acting Executive Director Stark also stated that staff will market this program via the City website with the Foreclosure Purchase Incentive Program. After much discussion Chair Sandahl and Commissioner Quam stated the consensus of the HRA is to approve additional help for this program. Chair Sandahl also stated she would like staff to present the HRA with monthly updates on the number of applications received, in process, completed, and dollars used. M/Sandahl, S/Rubenstein that the following HRA resolution be adopted and that it be made part of these minutes: HRA RESOLUTION NO. 1048 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7408 SHERIDAN AVENUE Motion carried 4-0. This resolution appears as HRA Resolution No. 1048. Item #7 EXECUTIVE DIRECTOR REPORT Acting Executive Director Stark reported that the three applicants for the Foreclosure Purchase Incentive Program Loans from last month have not moved forward with their loans. HRA Meeting -4- May 18, 2009 Acting Executive Director Stark also reported that claims and payroll was e-mailed to the HRA Commissioners this morning and he hoped this would be helpful. Acting Executive Director Stark also stated that staff is currently working on revised 2009 and proposed 2010 budgets and due to timing staff will bring a report to the July meeting. Item #11 CLAIMS AND PAYROLL M/Sandahl, S/Gepner that the following claims and payrolls be approved: U.S. Bank 05-18-2009 Section 8 Checks: 116897 - 117038 HRA Checks: 30557 - 30575 TOTAL Motion carried 4-0. ADJOURNMENT The meeting was adjourned by unanimous consent at 7:40 p.m. Date Approved: June 15, 2009 .. Nancy Gibbs City Clerk $ 166,486.80 $ 29, 379.52 $ 195,866.32 "1 Suzan .Sandahl Chai ' Director