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02-22-1983CITY OF RICHFIELD HOUSP1IG AND REDEVELOPMENT AUTHORITY REGULAR MEETING February 22, 1983 The Housing and Redevelopment Authority of the City of Richfield met in regular session in the council chambers of the city hall on Tuesday, February 22, 1983, at 6:30 p.m. Chairman Thomas Harms called the meeting to order at 6;35 p.m. Present: Helmberger, Harms, Ludeman Absent: Hassenstab (Arrived at 6:55 p.m.) Luettinger (On Vacation) i. Approval of Minutes of January 17~ 1983 Motion by Ludeman, seconded by Helmberger to approve the minutes of the January 17, 1983 meeting. All ayes - Carried. Absent - Hassenstab, Luettinger 2. Consideration of Acquisition of 6425 and.6429 Portland Avenue Executive Director Nollenberger presented background on the proposed acqui- sition of the properties at 6425 and 6429 Portland Avenue, as reviewed in HRA Letter No. 6. The coarmissioners discussed low income housing goals as it would relate to expansion of the Legion Lake/Portland Avenue area with moderate density family housing. The appraisal price and purchase price of 5166,000 for the properties as proposed by the staff, was discussed by the commission. The Executive Director indicated that under the rules of voluntary acquisition, it was required that appraisals be made of the property and they be disclosed to the sellers. Motion by Ludeman, seconded by Helmberger that a purchase price of $156,000 be offered for this property. All ayes - Carried, Absent - Hassenstab, Luettinger. Commissioner Hassenstab arrived at 6;55 p.m. 3. Metropo3.itan Council Rental Rehabilitation Loan Pro ram Executive Director Nollenberger explained the basic administrative guidelines and potential benefits- of the rehabilitation program far rental housing within communities showing an interest in the program, as outlined in HRA Letter No. 5. This program, called Section 8 Moderate Rehabilitation Program, provides energy improvement loans to owners of rental propertq at 11 percent interest. Motion by Ludentan, seconded by Hassenstab 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. 216 RESOLUTION AUTHORIZING THE METROPOLITAN COUNCIL TO IlKPLEMEN'T THE RENTAL REHABILITATION LOAN PROGRAM WITHIN THE CITY OF RICHFIELD Poll of votes: Ayes - Hassenstab, Helmberger, Ludeman, Harms. Nays - None. Absent - Luettinger. Carried. This resolution appears as Resolution No. 216 in Resolution Book No. 2. ~. Consideration of Changes to the Repayment Agreement for the Richfield Home Rehabil.it_ation Program al Guidelines Executive Director Nollenberger presented a synopsis of the new procedural guide and repayment agreement for the Richfield Home Rehabilitation Program, and HRA Meeting Minutes -3- February 22, 1983 explained the difference between the proposed loan program and the previous grant program. There was discussion regarding applicant acceptance of the new program and the type of potential home buyer/owner that would be eligible for the program. Discussion also continued on the current transfer of tenancy provision and transfer on a foreclosure. Changes were proposed to require new joint tenant owners to also meet program income guidelines. The commission requested the staff to present a final copy of the loan agreement with the changes to the HRA in the future for information. Motion by Helmberger, seconded by Hassenstab to approve the program changes for the Richfield Home Rehabilitation Program. All ayes - Carried. Absent - Luettinger. . 5. Claims and Payrolls Motion by Ludeman; seconded by Hassenstab to approve the following claims and payroll: SUMMIT STATE BANK Checks 4706/5031 ~ $1,155,080.78 All ayes - Carxied. Absent - Luettinger. 6. Ad3ournment Motion by Hassenstab, seconded by Ludeman that the meeting adjourn. All ayes - Carried. Absent - Luettinger. Time: 7:24 p.m. Date Approved: March 21, 1983 Joan Helmberger Secretary Thomas Hams Chairman