09-29 HRA Special
HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
Special Meeting
September 29, 2020
CALL TO ORDER
The meeting was called to order by Chair Supple at 7:01 p.m. via Webex.
HRA Members Mary Supple, Chair; Sue Sandahl; Maria Regan Gonzalez;
Present: and Erin Vrieze Daniels.
HRA Members
Absent: Pat Elliott.
Staff Present: John Stark, Executive Director; Julie Urban, Housing Manager; and LaTonia
DuBois, Administrative Assistant.
Others Present: Adam Seraphine, Cedar Point II Development, LLC; and Mike Barnett,
Cedar Point II Development, LLC.
Item #1 APPROVAL OF THE AGENDA
M/Regan Gonzalez, S/Sandahl to approve the agenda.
Motion carried 4-0.
Item #2 CONSIDER A RESOLUTION APPROVING A MEMORANDUM OF
UNDERSTANDING FOR A FUTURE AMENDMENT TO THE CONTRACT WITH
CPII DEVELOPMENT, LLC FOR THE CEDAR POINT II APARTMENT
DEVELOPMENT PROJECT. (S.R. NO. 33)
Executive Director Stark provided a brief introduction and Housing Manager Urban
presented staff report No. 33 and explained terms of the current Contract.
Housing Manager Urban explained changes to the construction schedule and a new equity
partner, Schafer Richardson.
Chair Supple inquired about the closing date.
Housing Manager Urban explained closing is planned for the end of October.
HRA Meeting Minutes -2- September 29, 2020
M/Regan Gonzalez, S/Vrieze Daniels to adopt a resolution approving a Memorandum of
Understanding with CPII Development, LLC for the Cedar Point II apartment development project.
Motion carried 4-0.
Item #3 ADJOURNMENT
The meeting was adjourned by unanimous consent at 7:16 p.m.
Date Approved: October 19, 2020
Mary B. Supple
HRA Chair
LaTonia DuBois John Stark
Administrative Assistant Executive Director