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09-20-10 RegularJ HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting September 20, 2010 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; David Gepner, Doris Rubenstein and Steven Quam. Staff Present: John Stark, Acting Executive Director; Karen Barton, Community Development Manager; and Nancy Gibbs, City Clerk. Item #1 HRA APPROVAL OF MINUTES M/Gepner, S/Quam to approve the minutes Auclust 16, 2010 regular HRA meeting. Motion carried 5-0. Item #2 HRA APPROVAL OF AGENDA M/Rubenstein S/Helmberger to approve the agenda. Motion carried 5-0. Item #3 PRESENTATION AND CONSIDERATION OF RICHFIELD HRA ANNUAL TAX INCREMENT DISTRICT STATUS REPORT S.R. NO. 30 Rebecca Kurtz of Ehlers and Associates presented the HRA annual tax increment district status report. HRA Meeting -2- September 20, 2010 M/Gepner, S/Quam to accept the Richfield HRA annual tax increment district status report. Motion carried 5-0. Item #4 CONSIDERATION OF SUBORDINATION AGREEMENT FOR HRA TRANSFORMATION HOME LOAN AT 7020 NEWTON ABVENUE. S.R. NO. 31 Community Development Manager Karen Barton presented Staff Report No. 31. Chair Sandahl asked to see a copy of the subordination policy. The HRA unanimously decided to move on to item # 5 and return to Item # 4 after they receive a copy of subordination policy. After receiving a copy of the subordination policy, the HRA unanimously agreed to deny the subordination agreement of the transformation loan at 7020 Newton Avenue. M/Gepner, S/Quam to deny the subordination agreement for the HRA transformation home loan at 7020 Newton Avenue. Motion carried 5-0. Item #5 CONSIDERATION OF RESOLUTION AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 7220 RUSSELL AVENUE THROUGH RICHFIELD REDISCOVER PROGRAM S.R. NO. 32 Acting Executive Director John Stark presented Staff Report No. 32. M/Rubenstein, S/Gepner that the following HRA resolution be adopted and that it be made part of these minutes: HRA RESOLUTION NO. 1080 RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY LOCATED AT 7220 RUSSELL AVENUE THROUGH RICHFIELD REDISCOVER PROGRAM. This resolution appears as HRA Resolution No. 1080. Motion carried 5-0. This resolution appears as HRA Resolution No. 1080. Item #6 PUBLIC HEARING REGARDING RICHFIELD HRA ANNUAL PUBLIC HOUSING AUTHORITY PLAN FOR SECTION 8 HOUSING ASSISTANCE PROGRAM S.R. NO. 33 Community Development Manager Karen Barton presented Staff Report No. 33. M/Gepner, S/Sandahl to close the public hearing. HRA Meeting -3- September 20, 2010 Motion carried 5-0. M/Sandahl, S/Quam to accept the annual public housing authorityplan for Section 8 housing assistance program. Motion carried 5-0. Item #7 DISCUSSION REGARDING POTENTIAL FUTURE REDEVELOPMENT OF 2517 WEST 76T" STREET S.R. NO. 34 Community Development Manager Karen Barton presented Staff Report No. 34. The HRA directed staff to proceed with the purchase of the property. Item #7 EXECUTIVE DIRECTOR'S REPORT Acting Executive Director Stark reported on the following: • Status update on Woodlake Ptaza development. • Staff hopes to have an agreement signed soon with CVS pharmacy. • Updates on the 66th Street planning process and Lakes at Lyndale marketing plan. Item #8 CLAIMS AND PAYROLL M/Helmberger, S/Quam that the following claims and payrolls be approved: U.S. Bank 01/19/2010 Section 8 Checks: 119455 - 119576 HRA Checks: 30987 - 31012 TOTAL Motion carried 5-0. ADJOURNMENT The meeting was adjourned by unanimous consent at 8:23 p.m. Date Approved: October 18, 2 ~~ ~~n Nancy Gibbs City Clerk $ 155,098.43 $ 48,544.40 $203,642.83 Suz~rf~ e M. ndahl Ch' 'tark Executive Director