10-19 HRA Regular
HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
Regular Meeting
October 19, 2020
CALL TO ORDER
The meeting was called to order by Chair Supple at 7:00 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; Myrt Link,
Community Development Accountant; and LaTonia DuBois, Administrative
Assistant.
Others Present: HRA Financial Consultant, Rebecca Kurtz; Ehlers.
OPEN FORUM
No Callers.
APPROVAL OF THE MINUTES
M/Regan Gonzalez S/Vrieze Daniels to approve the 1) Concurrent Housing and
Redevelopment and City Council work session of September 21, 2020; 2) Regular Housing and
Redevelopment Authority meeting of September 21, 2020; and 3) Special Housing and
Redevelopment Authority meeting of September 29, 2020.
Motion carried 3-0 Commissioner Sandahl was experiencing technical difficulties and was
not present for the vote.
Item #1 APPROVAL OF THE AGENDA
M/Vrieze Daniels, S/Regan Gonzalez to approve the agenda.
Motion carried 3-0 Commissioner Sandahl was experiencing technical difficulties and was
not present for the vote.
HRA Meeting Minutes -2- October 19, 2020
Item #2 CONSIDERATION OF THE ACCEPTANCE OF THE RICHFIELD HOUSING AND
REDEVELOPMENT AUTHORITY TAX INCREMENT FINANCING
DISTRICT STATUS UPDATE. (S.R. NO 34).
Community Development Accountant Link presented staff report No. 34.
HRA Financial Consultant Rebecca Kurtz; Ehlers, provided a summary of the Tax
Increment Financing status update and offered explanations for the three types of obligations, Tax
Increment Financing (TIF) Notes, Pooling, and highlighted a few TIF Districts.
Chair Supple clarified the obligations that would not be reviewed.
Chair Supple thanked Rebecca Kurtz for a thorough report.
Commissioner Vrieze Daniels also thanked Rebecca Kurtz for a thorough report. Inquired
pooling balances on a couple of Districts.
Rebecca explained the pooling on the newer Districts.
Executive Director Stark stated that the HRA has asked Ehlers for assistance in diving
deeper into pooling and resources available and that a memo would be distributed to the HRA in
November.
Chair Supple Inquired about pooling monitoring.
Rebecca Kurtz explained that pooling would be further explained in a November memo to
the HRA.
Commissioner Regan Gonzalez inquired about state policy around TIF.
Rebecca Kurtz stated legislature changes would allow TIF to be more flexible, but does not
anticipate any dramatic change with legislature in the near future. Special legislation could be
pursued. Ehlers is looking into further possible options.
Chair Supple inquired about the TIF map and the Cedar Corridor District splitting into
another District.
Rebecca Kurtz explained there are no plans to split the Cedar Corridor District into another
District.
Executive Director Stark explained why the Cedar Corridor District was established the way
it was and that the possibility of taking some parcels out of the current District sometime in the
future.
Chair Supple inquired about which projects a going forward without any TIF money.
Executive Director Stark explained the Novo and the Lunds projects are going forward
without any TIF.
Chair Supple inquired about the effects of decertifying Districts.
HRA Meeting Minutes -3- October 19, 2020
Rebecca Kurtz explained the impacts on the HRA when Districts are decertified.
Executive Director Stark explained that when Districts are decertified the tax capacity is
divided among the City, Hennepin County and Richfield Public Schools.
M/Sandahl, S/Vrieze Daniels to accept the Richfield Housing and Redevelopment Authority
annual Tax Increment Financing District Status Update.
Motion carried 4-0
Item #3 CONSIDER A RESOLUTION APPROVING AN AMENDMENT TO THE CONTRACT
FOR PRIVATE DEVELOPMENT WITH CPII DEVELOPMENT
LLC FOR THE CEDAR POINT II APARTMENT DEVELOPMENT PROJECT.
(S.R. NO. 35)
Housing Manager Urban presented staff report No. 35
M/Regan Gonzalez, S/Vrieze Daniels to adopt a resolution approving an amendment to the
Contract for Private Development with CPII Development LLC for the Cedar Point II apartment
development project.
Motion carried 4-0
Item #4 HRA DISCUSSION
None.
Item #5 EXECUTIVE
None.
Item #8 CLAIMS
M/Sandahl, S/Vrieze Daniels that the following claims be approved:
U.S. BANK 10/19/2020
Section 8 Checks 132189-132272 $180,778.24
HRA Checks 33900-33913 $64,911.95
Total $245,690.19
Motion carried 4-0
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Item #9ADJOURNMENT
The meeting was adjourned by unanimous consent at 7:52 p.m.
Date Approved: November 16, 2020
Mary B. Supple
HRA Chair
LaTonia DuBois John Stark
Administrative Assistant Executive Director