12-10-1979HOUSING AND REDEVELOPMENT AUTHORITY
OF RICHFIELD, MINNESOTA
Regular Meeting of December 10, 1979
The Housing and Redevelopment Authority of the City of Richfield met in
regular session in the council chambers of the city hall on December 10, 1979,
at 10:10 p.m.
The meeting was called to order by Chairman Loren L. Law.
Present: Collins, Jacobsen, Ludeman, Luettinger, Law.
1. Minutes
Motion by Luettinger, seconded by. Ludeman that the minutes of the November 29,
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1979, HRA meeting be approved as submitted.
A11 ayes - Carried.
2. Extension of Loans to HRA, Lyndale/Hub/Nicollet Redevelopment Project
Karl Nollenberger, Executive Director, advised the HRA that loans that the
HRA had taken from the City of Richfield to enable the HRA to purchase properties
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on Graham Avenue were expiring. These loans were made for a three year period
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with the anticipation that this area would be redeveloped within that time.
Since this redevelopment has been delayed it was recommended that the commission
authorize extension of extended loan agreements of $146,100 with the City of
Richfield on the following properties:
719 Graham Avenue
723 Graham Avenue
715 Graham Avenue
6610 Graham Avenue
Motion by Ludeman, seconded by Collins that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part
of these minutes:
RESOLUTION N0. 130
RESOLUTION AUTHORIZING THE
EXTENSION OF AN AGREEMENT TO
BORROW MONEY FROM THE CITY OF RICHFIELD
(719 Graham Avenue)
HRA Meeting Minutes -2- December 10, 1979
Poll of votes: Ayes - Collins, Jacobsen, Ludeman, Luettinger, Law. Nays - None.
Carried. This resolution appears as Resolution No. 130 in Resolution Book No. 2.
Motion by Ludeman, seconded by Collins that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part
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of these minutes: ~~
RESOLUTION N0. 13l
RESOLUTION AUTHORIZING THE
EXTENSION OF AN AGREEMENT TO
BORROW MONEY FROM.THE CITY OF RICHFIELD
(723 Graham Avenue)
Poll of votes: Ayes - Collins, Jacobsen, Ludeman, Luettinger, Law. Nays -
None. Carried. This resolution appears as Resolution No. 131 in Resolution Book No. 2.
Motion by Ludeman, seconded by Collins that the following resolution be
adopted;_that it be spread in the resolution book and that it be made a part of
these minutes:
RESOLUTION N0. 132
RESOLUTION AUTHORIZING THE
EXTENSION OF AN AGREEMENT TO
BORROW MONEY FROM THE CITY OF RICHFIELD
(715 Graham Avenue)
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Poll of votes: Ayes - Collins, Jacobsen, Ludeman, Luettinger, Law. Nays - None.
Carried. This resolution appears as Resolution No. 132 in Resolution Book No. 2.
Motion by Ludeman, seconded by Collins that the following resolution be
adopted; that it be spread in the resolution book and that it be made a part of
these minutes:
RESOLUTION N0. 133
RESOLUTION AUTHORIZ IlVG THE
EXTENSION OF AN AGREEMENT TO
BORROW MONEY FROM THE CITY OF RICHFIELD
(6610 Graham Avenue)
Poll of votes: Ayes - Collins, Jacobsen, Ludeman, Luettinger, Law. Nays - None.
Carried. This resolution appears as Resolution No. 133 in Resolution Book No. 2.
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HRA Meeting Minutes
- 3-
December 10, 1979
3. Hearing on Disposition of Adams Property
Karl Nollenberger, Executive Director, advised the HRA that plans are still
being finalized for the Lyndale Garden Center Project and recommended that this
item be continued to the next meeting.
Motion by Jacobsen, seconded by Ludeman to continue consideration of this
item to the December 27, 1979 HRA Meeting.
All ayes - Carried.
4. Claims and Payrolls
Motion by Ludeman, seconded by Collins that the following claims and payrolls
be approved:
SUMMIT STATE BANK
Checks 2661/2995 $782,251.05
All ayes - Carried.
5. Adjourxunent
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Motion by Jacobsen, seconded by Luettinger that the meeting adjourn.
A11 ayes - Carried. Time: 10:23 p.m.
Date Approved:
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V. L. Luettinger Secretary