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07-20-09 RegularJ HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting July 20, 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; Joan Helmberger; Doris Rubenstein; and Steven Quam. HRA Members Absent: David Gepner. Staff Present: Steven L. Devich; Executive Director; Karen Barton, Assistant Community Development Director; John Dean, HRA Attorney; and Nancy Gibbs, City Clerk. Item #1 HRA APPROVAL OF MINUTES M/Rubenstein, S/Helmberger to approve the minutes of (1) Regular HRA Meeting of June 15, 2009. Motion carried 4-0. Item #2 HRA APPROVAL OF AGENDA M/Quam, S/Rubenstein to approve the agenda. Motion carried 4-0. HRA Meeting -2- July 20, 2009 Item #3 CONSIDERATION OF RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY AT 7338 QUEEN AVENUE THROUGH RICHFIELD REDISCOVERED PROGRAM, CONTINGENT UPON FINDING OF CONSISTENCY WITH COMPREHENSIVE PLAN BY PLANNING COMMISSION S.R. NO. 26 Assistant Community Development Director Barton presented Staff Report No. 26. Chair Sandahl recommended the seller pay deed tax. M/Helmberger, S/Quam that the following resolution be adopted and that it be made part of these minutes: HRA RESOLUTION NO. 1050 RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7338 QUEEN AVENUE Motion carried 4-0. This resolution appears as HRA Resolution No. 1050. Item #4 CONSIDERATION OF RESOLUTION APPROVING SUBORDINATION AGREEMENT RELATED TO OAKS ON PLEASANT DEVELOPMENT S.R. NO. 27 HRA Attorney Dean presented Staff Report No. 27. HRA Attorney Dean presented the HRA Commissioners with a new subordination agreement. M/Rubenstein, S/Quam that the following resolution be adopted and that it be made part of these minutes: HRA RESOLUTION NO. 1051 RESOLUTION APPROVING A SUBORDINATION AGREEMENT RELATED TO THE URBAN VILLAGE PROJECT Motion carried 4-0. This resolution appears as HRA Resolution No. 1051. Item #5 CONSIDERATION OF AUTHORIZING STAFF TO ADMINISTRATIVELY APPROVE FORECLOSURE PURCHASE INCENTIVE PROGRAM LOANS THAT MEET ALL PROGRAM GUIDELINES S.R. NO. 28 Assistant Community Development Director Barton presented Staff Report No. 28. M/Sandahl, S/Quam to approve authorizing staff to administratively approve Foreclosure Purchase Incentive Program loans that meet all program guidelines. HRA Meeting -3- July 20, 2009 Motion carried 4-0. Item #6 EXECUTIVE DIRECTOR REPORT None. Item #7 CLAIMS AND PAYROLL M/Quam, S/Rubenstein that the following claims and payrolls be approved: U.S. Bank 07-20-2009 Section 8 Checks: 117391 - 117411; 117582 - 117697 $ 179,578.36 HRA Checks: 30598 - 30633 $ 88,338.66 TOTAL $267,917.02 Motion carried 4-0. ADJOURNMENT The meeting was adjourned by unanimous consent at 7:27 p.m. Date Approved: July 20, 2009 Suz~fi,IBe M. Sandah Nancy Gibbs ~ en L.~Devich ~ City Clerk Executive Director