032023 AgendaREGULAR HOUSING AND REDEVELOPMENT AUTHORITY MEETING
RICHFIELD MUNICIPAL CENTER, COUNCIL CHAMBERS
MARCH 20, 2023
7:00 PM
Call to Order
Consider the election of officers for the Richfield Housing and Redevelopment Authority for 2023.
Staff Report No. 6
Open Forum
Each speaker is to keep their comment period to three minutes to allow sufficient time for others. Comments
are to be an opportunity to address the HRA. Please refer to the HRA agenda and minutes web page for
additional ways to submit comments. You may also call 612-861-9764 or email ldubois@richfieldmn.gov with
questions. Call into the open forum by dialing 1-415-655-0001 Use webinar access code: 2463 428 6730 and
password: 1234.
Appr oval of t he M inut es
Approval of the minutes of the 1) Regular Housing and Redevelopment Authority meeting of February 21, 2023; and 2)
the joint Housing and Redevelopment Authority and City Council work session of March 6, 2023.
AGENDA APPROVAL
1.Approval of the Agenda
2.Consent Calendar contains several separate items which are acted upon by the HRA in one motion.
Once the Consent Calendar has been approved, the individual items and recommended actions have
also been approved. No further HRA action on these items is necessary. However, any HRA
Commissioner may request that an item be removed from the Consent Calendar and placed on the
regular agenda for HRA discussion and action. All items listed on the Consent Calendar are
recommended for approval.
A.Consider resolutions designating official depositories for the Housing and Redevelopment Authority for
2023, including the approval of collateral.
Staff Report No. 7
3.Consideration of items, if any, removed from Consent Calendar
OTHER BUSINESS
4.Designation of Community Development Director Melissa Poehlman as the Executive Director of the Richfield
Housing and Redevelopment Authority for 2023.
Staff Report No. 8
HRA DISCUSSION ITEMS
5.HRA Discussion Items
EXECUTIVE DIRECTOR REPORT
6.Executive Director's Report
CLAIMS
7.Claims
8.Adjournment
Auxiliary aids for individuals with disabilities are available upon request. Requests must be made at
least 96 hours in advance to the City Clerk at 612-861-9739.
AGENDA SECTION:Call to Order
AGENDA ITEM #
STAFF REPORT NO. 6
HOUSING AND REDEVELOPMENT AUTHORITY
MEETING
3/20/2023
REPORT PREPARED BY: LaTonia DuBois, Administrative Assistant
OTHER DEPARTMENT REVIEW: N/A
EXECUTIVE DIRECTOR REVIEW: Melissa Poehlman, Executive Director
3/7/2023
ITEM FOR COUNCIL CONSIDERATION:
Consider the election of officers for the Richfield Housing and Redevelopment Authority for 2023.
EXECUTIVE SUM MARY:
The Bylaws of the Richfield Housing and Redevelopment Authority (HRA) provide that the HRA hold an annual
meeting in March. The Bylaws further provide that the Chair, Vice Chair, and Secretary of the HRA be elected
at this meeting.
Officers for 2022 were:
Mary Supple, Chair
Erin Vrieze Daniels, Vice Chair
Maria Regan Gonzalez, Secretary
The terms for Mary Supple, Chair and Maria Regan Gonzalez, Secretary expired on January 9, 2023,
concurrent with their City Council terms. At the January 17, 2023 HRA meeting Erin Vrieze Daniels was
appointed to serve the Acting Chair and Gordon Hanson was appointed as the Interim Secretary until the
regular HRA meeting in March 2023.
RECOMMENDED ACTION:
By motion: Elect officers for the Richfield Housing and Redevelopment Authority for 2023.
BASIS OF RECOMMENDATION:
A.HISTORICAL CONTEXT
Provided in the Executive Summary.
B.POLICIES (resolutions, ordinances, regulations, statutes, etc):
The HRA Bylaws provide for the election of officers.
C.CRITICAL TIMING ISSUES:
The HRA Bylaws require that an election of officers be held at the annual meeting in March.
D.FINANCIAL IMPACT:
None
E.LEGAL CONSIDERATION:
None
ALTERNATIVE RECOMMENDATION(S):
None
PRINCIPAL PARTIES EXPECTED AT MEETING:
N/A
HOUSING AND REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
Regular Meeting
February 21, 2023
CALL TO ORDER
Acting Chair Vrieze Daniels called the meeting to order at 7:00 p.m. in the Council
Chambers.
HRA Members
Present:
Erin Vrieze Daniels, Vice Chair; Mary Supple; Gordon Hanson; and Sean
Hayford Oleary
HRA
Members
Absent:
Lee Ohnesorge
Staff Present: Julie Urban, Acting Executive Director/Assistant Community Development
Director; and LaTonia DuBois, Administrative Assistant
Others Present: Duncan Susee, Metes & Bounds Management Company
OPEN FORUM
Acting Chair Vrieze Daniels provided instructions to call in for the open forum and asked if
there was anyone in attendance.
APPROVAL OF THE MINUTES
M/Supple, S/Hayford Oleary to approve the minutes of the Regular Housing and
Redevelopment Authority Meeting of January 17, 2023
Motion carried: 4-0
ITEM #1
APPROVAL OF THE AGENDA
M/Hayford Oleary, S/Hanson to approve the agenda.
Motion carried: 4-0
HRA Meeting Minutes -2- February 21, 2023
ITEM #2
APPROVAL OF THE CONSENT CALENDAR
Acting Executive Director presented the Consent Calendar.
A. Consideration of the adoption of a resolution approving Collateral Assignment of the
Tax Increment Limited Revenue Note Series 2021 by CPII Development LLC in favor of
Bridgewater Bank. (Staff Report No. 4)
RESOLUTION NO. 1449
RESOLUTION APPROVING A COLLATERAL ASSIGNMENT OF TAX INCREMENT NOTE BY
CPII DEVELOPMENT LLC IN FAVOR OF BRIDGEWATER BANK
M/Supple, S/Hanson to approve the consent calendar.
Motion carried 4-0
ITEM #3
CONSIDERATION OF A REQUEST BY THE OWNERS OF THE OAKS ON
PLEASANT THAT THE AP ARTMENT BUILDING'S HOUSING
AFFORDABILITY REQUIREMENT BE REDUCED FROM 25 TO 22 YEARS.
(STAFF REPORT NO. 5)
Acting Executive Director Urban presented Staff Report no. 5
Commissioner Hanson inquired about current tenants and if any affordability would be
available at the end of the current tenant’s lease.
Mr. Susee explained that the market rate is still below the 70% level of affordability and is
Naturally Occurring Affordable Housing (NOAH).
Commissioner Hayford Oleary inquired about the owner raising rent prices if the
affordability factor is forgiven.
Mr. Susee explained difficulties finding people that are eligible under current rent
restrictions.
Acting Chair Vrieze Daniels inquired about the large price range of current available units
and how vacant units are advertised.
Acting Chair Vrieze Daniels inquired about the owner renewing current leases at current
prices.
Mr. Susee stated they have no intention of pushing anyone out and would raise rents each
year as they currently do while staying under the current market rate.
Commissioner Hayford Oleary asked for clarification of the current policy.
Acting Executive Director Urban explained.
HRA Meeting Minutes -3- February 21, 2023
M/Supple, S/Hanson to approve the reduction of affordability from 25 to 22 years for the
Oaks on Pleasant and authorize the Acting Chair and Executive Director to execute a release of
the Affordable Housing Agreement.
Commissioner Supple offered support for the request.
Commissioner Hayford Oleary echoed Commissioner Supple’s statement.
Acting Chair Vrieze Daniels expressed her lack of support.
Motion carried 3-1; Vrieze Daniels
ITEM #4
HRA DISCUSSION ITEMS
Commissioner Hanson reported on the Small Business Summit hosted by Economic
Development Consultant John Stark and shared that the majority of the comments were flattering.
Commissioner Supple requested an update about items that were put on hold due to the
pandemic, such as the Home Tour.
Acting Executive Director Urban expressed struggles with keeping the programs going,
provided an update and the desire to bring the Home Tour back in the near future.
ITEM #5
EXECUTIVE DIRECTOR REPORT
Acting Executive Director Urban provided an update on the Economic Development
Manager position. Provided an update regarding an upcoming work session to discuss the
Mathwig property and interest in the old El Jalapeno site.
ITEM #6
CLAIMS
M/Hanson, S/Supple that the following claims be approved:
U.S. BANK 2/21/2023
Section 8 Checks: 134572 - 134652 $199,317.08
HRA Checks: 34311 - 34324 $243,934.56
TOTAL $443,251.64
Motion carried: 4-0
ITEM #7
ADJOURNMENT
HRA Meeting Minutes -4-February 21, 2023
The meeting was adjourned by unanimous consent at 7:22 p.m.
Date Approved: March 20, 2023
HRA Chair
LaTonia DuBois
Administrative Assistant
Melissa Poehlman
Executive Director
CITY COUNCIL, HOUSING AND
REDEVELOPMENT AUTHORITY MEETING
MINUTES
Richfield, Minnesota
City Council, Housing and Redevelopment
Authority Work Session
March 6, 2023
CALL TO ORDER
Mayor Supple called the work session to order at 6:00 p.m. in the Bartholomew Room.
Council Members
Present:
Council Members
Absent:
HRA Members
Present:
HRA Members
Absent:
Mary Supple, Mayor; Simon Trautmann; Ben Whalen; Sue Christensen
and Sean Hayford Oleary
None
Mary Supple; Gordon Hanson; Lee Ohnesorge and Sean Hayford Oleary
Erin Vrieze Daniels
Staff Present: Katie Rodriguez, City Manager; Melissa Poehlman, Executive Director; Julie
Urban, Assistant Community Development Director.
Others Present: Julie Eddington, HRA Attorney; Rebecca Kurtz and Jeanne Vogt,
Ehlers/HRA financial consultants; Tracy Smith, Best Buy; Dan Lopez, Best
Buy; Bill Griffith, Larkin Hoffman
ITEM #1
DISCUSS BEST BUY'S REQUEST TO TERMINATE THE MINIMUM ASSESSMENT
AGREEMENT BETWEEN THE CITY OF RICHFIELD
AND BEST BUY.
Housing and Redevelopment Authority (HRA) Executive Director Melissa Poehlman explained
that the purpose of the work session was to discuss a request from Best Busy Corporation to
terminate the Minimum Assessment Agreement between the City and Best Buy. Director Poehlman
introduced Tracy Smith, Senior Director and Tax Counsel from Best Buy Corporation who provided
information on the development of the corporate campus, the taxes paid, and Best Buy’s support of
the community. Counsel Smith described the changing office market and explained that Best Buy is
asking for a termination of the Minimum Assessment Agreement (MAA) once the bonds are paid in
February of 2024.
City Council, HRA Work Session Minutes
-2-March 6, 2023
Rebecca Kurtz, HRA financial consultant, presented background information on the
Interchange West/Lyndale Gateway Tax Increment Financing (TIF) District, its obligations and
collections to-date, the HRA’s use of pooled increment, and the purpose of the Minimum Assessment
Agreement. She reviewed the financial impact terminating the MAA early could have on the HRA and
Best Buy, based on four potential scenarios. She reminded policymakers that ultimately, the assessed
value is determined by Hennepin County, so she is only able to share estimates.
Executive Director Poehlman concluded the presentation, explaining the impacts the corporate
campus development has had on the community, where staff and Best Buy have come to agreement,
and confirming that discussions continue on several items.
In response to a question from Councilmember Ben Whalen, Counsel Smith confirmed that
Best Buy agrees that the Richfield HRA should not be harmed by this request and is working with staff
to address the financial impact early termination of the MAA would have on the HRA.
Council member Whalen asked how the money saved from lower property taxes would be
used. Bill Griffith, Larkin Hoffman, confirmed that it was to make the campus competitive, so it would
be attractive to tenants in this difficult market.
Council member Trautmann stated that he’d like to see the campus interact more with the
community and that it is important that the solution not be at the expense of affordable housing needs.
In response to a question from Council member Hayford Oleary, Executive Director Poehlman
discussed the remaining issues yet to be resolved. Counsel Smith reviewed the tight timeline for
needing an answer to make the County’s assessment schedule, and the need to take advantage of
tenants seeking space now.
In response to questions from Council members Hayford Oleary and Trautmann, Executive
Director Poehlman confirmed that the amount of money in dispute is larger than just the amount of
money yet to be collected for the HRA’s programs, but that if that amount is agreed to, staff would be
comfortable recommending the MAA be terminated early.
HRA Commissioner Hansen questioned whether the County and school district would need to
agree to the plan. HRA Attorney Julie Eddington explained that while a termination would require that
approval, Best Buy counsel believes that a modification would not. Executive Director Poehlman
clarified that the TIF District and the base value on which County and school district tax collections are
based will remain in effect and just the MAA will be affected.
Council member Trautmann and Mayor Supple both stated that they will want to see that all
issues are resolved in an agreement regarding the MAA.
In response to a question from Mayor Supple, Counsel Smith stated that their objectives are to
pay an accurate amount of property taxes based on the fair market value and to be able to
competitively market the building to tenants. She confirmed that half the office space is currently being
used by Best Buy.
Executive Director Poehlman concluded the work session by summarizing that she heard
policymakers state that they are open to finding a solution as long as all of the outstanding issues are
addressed and the community isn’t subsidizing Best Buy. She forecast that the item is tentatively
scheduled for the March 20 HRA agenda, but several items would need to be worked out before that
meeting.
City Council, HRA Work Session Minutes
-3-March 6, 2023
ADJOURNMENT
Mayor Supple adjourned the work session at 7:03 p.m.
Date Approved: March 20, 2023
Mary B. Supple
Mayor
Julie Urban Melissa Poehlman
Assistant Community Development Director Executive Director
AGENDA SECTION:Consent Calendar
AGENDA ITEM #2.A.
STAFF REPORT NO. 7
HOUSING AND REDEVELOPMENT AUTHORITY
MEETING
3/20/2023
REPORT PREPARED BY: Kumud Verma, Finance Manager
OTHER DEPARTMENT REVIEW:
EXECUTIVE DIRECTOR REVIEW: Melissa Poehlman, Executive Director
3/8/2023
ITEM FOR COUNCIL CONSIDERATION:
Consider resolutions designating official depositories for the Housing and Redevelopment Authority
for 2023, including the approval of collateral.
EXECUTIVE SUMMARY:
In compliance with Minnesota statutes, the Housing and Redevelopment Authority of Richfield (HRA) must
designate on an annual basis those financial institutions it does business with.
The following resolutions for the HRA Board’s consideration, designate U.S Bank/4M Fund as a depository of
HRA funds, and certain savings and loan associations, banks, credit unions and certain financial institutions
as depositories for the investment of HRA funds.
RECOMMENDED ACTION:
By motion: Adopt the attached resolutions designating official depositories, with the understanding
that the Housing and Redevelopment Authority could not invest in any of the depositories beyond the
level of insurance coverage of the pledged collateral.
BASIS OF RECOMMENDATION:
A.HISTORICAL CONTEXT
N/A
B.POLICIES (resolutions, ordinances, regulations, statutes, etc):
In accordance with Minnesota Statutes Section 118A.01 - 118A.06, the HRA of Richfield must
designate financial institutions annually. The institutions must pledge the collateral over and above
the amount of federal insurance, as public depositories.
U.S. Bank acts as the banking institution in the HRA’s banking arrangement with the 4M Fund.
Monies received, checks written, by the HRA, flow through U.S. Bank, however, at the end of
each business day, any proceeds remaining in HRA U.S. Bank accounts are swept to the 4M
Fund to be invested. Therefore, at the end of the business day the HRA accounts are zero, which
means the collateral requirements of Minnesota Statutes Section 118A.03 are not required.
Accordingly, U.S. Bank has met all other statutory requirements and should be considered as a
depository for the HRA’s vendor accounts and all savings deposits.
The HRA must also designate annually, certain savings and loan associations, banks, and credit
unions as official depositories for deposit and investment of certain HRA funds. With approval
of these official depositories, the HRA will be able to invest funds in these institutions, not
exceeding the federal insurance of $250,000.
Finally, a designation must be made for certain financial institutions as depositories for the
investment of HRA funds for 2023. These institutions, such as investment brokerage firms, offer
government securities in the manner required by law. These financial institutions include RBC
Capital Markets, Raymond James & Associates, Northland Securities, Oppenheimer & Co.,
Principal Custody Solutions, Moreton Capital Markets, Pershing Wealth Solutions BNY Mellon
and, and the 4M Fund.
C.CRITICAL TIMING ISSUES:
N/A
D.FINANCIAL IMPACT:
N/A
E.LEGAL CONSIDERATION:
The HRA is required by Minnesota Statute 118A.01 - 118A.06, to designate as a depository of
funds, insured banks or thrift institutions. Any collateral so deposited is accompanied by an
assignment pledged to the HRA in the amount specified in the attached resolutions.
ALTERNATIVE RECOMMENDATION(S):
None
PRINCIPAL PARTIES EXPECTED AT MEETING:
None
ATTACHMENTS:
Description Type
Resolution Designating Certain Financial Institutions as
Depositories Resolution Letter
Resolution Designating Certain S&L Associations, banks
& credit unions as depositories Resolution Letter
Resolution Designating US Bank a depository of funds Resolution Letter
RESOLUTION NO.
RESOLUTION DESIGNATING CERTAIN FINANCIAL
INSTITUTIONS AS DEPOSITORIES FOR THE INVESTMENT OF
HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2023
WHEREAS, the Housing and Redevelopment Authority of Richfield has money
which is available for investment; and
WHEREAS, different financial institutions offer different rates of return on
investments; and
WHEREAS, the Housing and Redevelopment Authority of Richfield shall purchase
U. S. Treasury Bills, U. S. Treasury Notes and other such government securities in the
manner required by law from the institution offering the highest rate to the Housing and
Redevelopment Authority of Richfield providing greater flexibility in the investment
program and maximize interest income thereon.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority of Richfield, Minnesota, in accordance with Minnesota Statutes, Sections
118A.01 – 118A.06, as follows:
1.It is hereby found and determined that it is in the best interest of the proper
management of Housing and Redevelopment Authority of Richfield funds that
certain financial institutions be designated as additional depositories for
Housing and Redevelopment Authority of Richfield funds for 2023.
2.The following financial institutions designated as depositories for the Housing
and Redevelopment Authority of Richfield funds:
RBC Capital Markets Raymond James & Assoc.
Principal Custody Solutions 4M Fund
Northland Securities, Inc. Oppenheimer & Co.
Moreton Capital Markets Pershing Wealth Solutions BNY Mellon
3.The Finance Manager is hereby authorized to deposit the Housing and
Redevelopment Authority of Richfield funds in any or all of the depositories
herein designated. Such deposits may be made and withdrawn from time to
time by the Finance Manager’s judgment and as the interest of the Housing
and Redevelopment Authority of Richfield dictates.
4.The investment of funds and the reporting thereof pursuant to this resolution
shall be conducted in accordance with established policies regarding the
investment of these funds.
Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 20th
day of March, 2023.
Chair
ATTEST:
Secretary
RESOLUTION NO.
RESOLUTION DESIGNATING CERTAIN SAVING AND LOAN ASSOCIATIONS,
BANKS AND CREDIT UNIONS AS DEPOSITORIES FOR THE INVESTMENT OF
HOUSING AND REDEVELOPMENT AUTHORITY OF RICHFIELD FUNDS IN 2023
BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield,
Minnesota:
WHEREAS, pursuant to Minnesota Statutes, Sections 118A.01 – 118A.06,
municipal funds may be deposited in any Savings and Loan Association, Bank or Credit
Union which has its deposits insured by the Federal Deposit Insurance Corporation
(FDIC), or National Credit Union Administration (NCUA); and
WHEREAS, the amount of said deposits may not exceed the FDIC/NCUA
insurance covering such deposits which insurance amount is presently $250,000; and
WHEREAS, the deposit of Housing and Redevelopment Authority funds in
Savings and Loan Associations and Banks would provide greater flexibility in the
Housing and Redevelopment Authority’s investment program and maximize interest
income thereon.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority of Richfield, Minnesota, as follows:
1.It is hereby found and determined that it is in the best interest of the proper
management of Housing and Redevelopment Authority funds that certa in
Savings and Loan Association and Banks be designated as additional
depositories for Housing and Redevelopment Authority funds for 2023. 2.It is further found and determined that the purpose of such depository
designation is to facilitate the proper and advantageous investments of
Housing and Redevelopment Authority funds and that such designation is not
exclusive nor does it preclude the deposit of any Housing and
Redevelopment Authority funds in other officially designated depositories of
the Housing and Redevelopment Authority. 3.The Finance Manager is hereby authorized to deposit Housing and
Redevelopment Authority funds in various depositories up to the amount of
$250,000, or such other amount as may be subsequently permitted by law,
such deposits to be in the form of demand accounts, payable to the H ousing
and Redevelopment Authority of Richfield on the signatures of the Housing
and Redevelopment Authority Finance Manager. Such deposits may be made
and withdrawn from time to time by the Finance Manager as his best
judgment and the interests of the Housing and Redevelopment Authority
dictates. 4.The investment of funds and the reporting thereof pursuant to this resolution
shall be conducted in accordance with established policies of the Housing
and Redevelopment Authority regarding the investment of Hous ing and
Redevelopment Authority funds.
Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 20th
day of March, 2023.
Chair
ATTEST:
Secretary
RESOLUTION NO.
RESOLUTION DESIGNATING U.S. BANK
A DEPOSITORY OF FUNDS OF THE HOUSING AND REDEVELOPMENT
AUTHORITY OF RICHFIELD
FOR THE YEAR 2023
BE IT RESOLVED, by the Housing and Redevelopment Authority of Richfield as
follows:
That, in accordance with Minnesota Statutes, Section 118A.01- 118A.06, U.S.
Bank be, and hereby is designated a depository of the funds of the Housing and
Redevelopment Authority of Richfield, subject to modification and revocation at any time
by said Housing and Redevelopment Authority, and subject to the following terms and
conditions:
The said depository shall not be required to give bonds or other securities for
such deposits provided that the total sum thereof shall not at any time exceed in any
depository the sums for which its deposits are insured under the Acts of Congress of the
United States relating to insurance of bank deposits; but that in case such deposits in
any such depository shall at any time exceed such insured sum, said depository shall
immediately furnish bonds or other security for such excess according to law, approved
by the Housing and Redevelopment Authority of Richfield.
That said depository shall pay on demand all deposits therein; and shall pay all
time deposits, at or after the end of the period for which the same shall be deposited, on
demand.
BE IT FURTHER RESOLVED, that there shall be maintained a general account
in which shall be deposited all monies. The following officers or their facsimile
signatures shall sign checks on this account;
CHAIR
EXECUTIVE DIRECTOR
BE IT FURTHER RESOLVED, that all funds remaining in the account at the end
of each business day will be transferred from U.S. Bank to the 4M Fund where funds
deposited are invested and insured.
Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota
this 20th day of March, 2023.
Chair
ATTEST:
Secretary
AGENDA SECTION:OTHER BUSINESS
AGENDA ITEM #4.
STAFF REPORT NO. 8
HOUSING AND REDEVELOPMENT AUTHORITY
MEETING
3/20/2023
REPORT PREPARED BY: LaTonia DuBois, Administrative Assistant
OTHER DEPARTMENT REVIEW:
EXECUTIVE DIRECTOR REVIEW: Melissa Poehlman, Executive Director
3/7/2023
ITEM FOR COUNCIL CONSIDERATION:
Designation of Community Development Director Melissa Poehlman as the Executive Director of the
Richfield Housing and Redevelopment Authority for 2023.
EXECUTIVE SUMMARY:
On February 23, 222 Community Development Director, Melissa Poehlman was appointed as the Housing
and Redevelopment Authority (HRA) Executive Director until the regular HRA meeting in March 2023.
The HRA Bylaws require an Executive Director to be appointed to conduct regular HRA business. Staff
recommends Community Development Director, Melissa Poehlman be appointed as the Executive Director.
RECOMMENDED ACTION:
By motion: Designate Community Development Director Melissa Poehlman as the Housing and
Redevelopment Authority Executive Director until the regular meeting in March 2024 is conducted by
the Housing and Redevelopment Authority.
BASIS OF RECOMMENDATION:
A.HISTORICAL CONTEXT
See Executive Summary
B.POLICIES (resolutions, ordinances, regulations, statutes, etc):
The Bylaws of the Richfield HRA require the designation of an Executive Director.
C.CRITICAL TIMING ISSUES:
Executive Director Poehlman's term has now expired and a new Executive Director must be
appointed in order to conduct regular HRA business.
D.FINANCIAL IMPACT:
N/A
E.LEGAL CONSIDERATION:
The Bylaws of the Richfield HRA require the designation of an Executive Director.
ALTERNATIVE RECOMMENDATION(S):
Appoint Community Development Director Melissa Poehlman as Executive Director of the Richfield
HRA for a longer period (the HRA Bylaws do not stipulate the term of appointment).
Appoint someone else as the HRA Executive Director.
P R IN C IPAL PAR TIE S E X P E C TE D AT ME E TIN G:
N/A