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08-19-1991CITY OF RICHFIELD, MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY AUGUST 19, 1991 i~ ~~ MEMBERS PRESENT: Vern Luettinger; Joan Helmberger; Larry Wozniczka; and Yvan Ludeman. MEMBERS ABSENT: Tom Harms STAFF PRESENT: James Prosser, Executive Director; Steven Devich, Administrative Services Director, Byron Wallace, Community Development Director; and Bruce Palmborg, Housing and Redevelopment Coordinator. The meeting. was called to order by Chairperson Pro Tempore Luettinger at 7:04 p.m. APPROVAL OF MINUTES M/Ludeman, S/Helmberger to apvrove the minutes of the Regular HRA Meeting of July 15 1991; and the Special HRA Meeting of July 22, 1991. Motion carried 4-0. Item #1 OPPORTUNITY FOR CITIZ~:NS TO ADDRESS THE HRA ON ANY ITEM NOT LISTED ON THE AGENDA. No one wished to address the BRA. [-1 Item #2 CONSIDERATION OF APPROVAL OF PROPOSED PROPERTY TAX LEVY FOR PAYABLE YEAR 1992 FOR CERTIFICATION TO HENNEPIN COUNTY AUDITOR AND SET DATES FOR PUBLIC BUDGET HEARINGS FOR 1991 REVISED/1992 PROPOSED BUDGET AND TAX LEVY. HRA LETTER NO. 28 Executive Director Prosser reviewed HRA Letter No. 28 regarding consideration of approval of proposed property tax levy for payable year 1992 for certification to Hennepin County auditor and setting dates for public budget hearings for 1991 Revised/1992 Proposed Budget and Tax Levy. Mr. Prosser highlighted the tax levy increase and the elimination of the energy program. HRA Minutes -2- August 19, 1991 Community Development Director Wallace summarized the HRA budget by division. Mr. Wallace identified mayor changes and reductions in the budget. Commissioner Ludeman questioned the line items interdepartmental labor, professional services, and planning consultant. Mr. Prosser explained each of the line items in detail. Commissioner Helmberger asked about the relocation benefits under the New Home Program. Bruce Palmborg indicated that the HRD staff tries to avoid relocation payments but occasionally some relocation payments are necessary. There was general discussion regarding the Section 8 subsidized housing program and the portable voucher process. Commissioner Wozniczka questioned the need for the levy increase and payment of the airport activity from the HRA. Executive Director Prosser explained that the activity was moved to the HR~- and that the City Council authorized an equity transfer to cover the costs of the airport activity. Commissioner Wozniczka stated that the levy should be reduced. There was general discussion concerning the impacts of the HRA levy on a typical Richfield property. M/Wozniczka that the levies be reduced as follows: HRA Levy reduced from $213,000 to $163,000 HRA Relocation Levy reduced from $21,000 to $16,000 Motion failed for lack of a second. M/Helmberger, S/Luettinger that the following resolution be adopted; that it be spread in the resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 428 RESOLUTION APPROVING PROPOSED 1992 HOUSING AND REDEVELOPMENT AUTHORITY BUDGET AND CERTIFYING THE PROPOSED TAX LEVY Motion carried 3-1. appears as Resolution No. M/Helmberger, S/Lude 7:00 p.m. on November 18~ p.m. on November 21, 1991 Motion carried 4-0. (Wozniczka opposed) This resolution 428 in HRA Resolution Book No. 3. man to set a public budget hearing for 1991 with a continuation date of 7:00 if it is necessarv. HRA Minutes -3- August 19, 1991 i1 Item #3 CONSIDERATION OF LOAN PARTICIPATION PROPOSAL FROM FIRSTAR BANK. HRA LETTER N0. 29 Executive Director Prosser reviewed HRA Letter No. 29 regarding consideration of a loan participation proposal from Firstar Bank. M/Ludeman, S/Wozniczka to decline financial commitment at this time with Firstar Bank and direct staff to develop a workable program with the financial institutions to foster the improvement of the City housing stock. Motion carried 4-0. Item #4 CONSIDERATION OF PROCESS FOR SHIFTING FISCAL DISPARITIES CONTRIBUTION FOR ILN TO ENTIRE CITY. HRA LETTER N0. 30 Executive Director Prosser reviewed HRA Letter No. 30 regarding consideration of a process for shifting the fiscal disparities contribution for the ILN to the entire City. ICI Commissioner Luettinger asked if the HRA could wait until next meeting when Tom Harms is back. Executive Director Prosser responded that there is some time urgency but it is not absolute. Commissioner Wozniczka said he was opposed to the concept and said if it is pursued another assumption should be added as Item E °'Financial benefit analysis be completed showing how long 3t would take for the City and HRA to realize financial gain.'° Executive Director Prosser stated he understands Commissioner Wozniczka°s position but that this is very difficult to undertake and quantify. Commissioner Wozniczka questioned the impact on the taxpayer of County and school levies for next year. He said he wants to delay this until that tax information is available. M/Ludeman, S/Helmberger to delay consideration of process for shifting fiscal disparities contribution from the ILN to the entire City until the next HRA Meeting. ~~ Motion carried 3-1. (Wozniczka opposed) HRA Minutes -4- Item #5 CONSIDERATION OF ACCEPTANCE OF COI+gMENDATION FROM GOVERNOR ARNI HRA LETTER N0. 31. Executive Director Prosser reviewed regarding consideration of acceptance of Commendation from Governor Arne Carlson. August 19, 1991 CERTIFICATE OF E CARLSON. HRA Letter No. 31 a Certificate of M/Ludeman, S/Luettinger to approve the acceptance of a Certificate of Commendation from Governor Arne Carlson in recognition of the City°s efforts to help first-time homebuyers. .Motion carried 4-0. Item #6 EXECUTIVE DIRECTOR REPORT Executive Director Prosser reviewed HRA memo #25 including the following project areas: NFT-RA Hub West 77th Street Richfield State Agency New Home Program and Richfield Rediscovered Mr. Prosser updated HRA members on the Cloverleaf property. Discussions with the Resolution Trust Corporation have taken place for the purchase o£ the Cloverleaf property. A proposal from RTC may be somewhere in the range of $2,000,000 or less. Item #7 CLAIMS AND PAYROLLS M/Ludeman, S/Helmberger that the following claims and payrolls be aDDroved: FIRST WESTERN BANK Checks 1217-1218; 2687-2782; 9903-9916; 10587-10628 $4,959,997.72 Section 8s 1042 $ 82,000.00 Motion carried 4-0. HRA Minutes ADJOURNMENT -5- August 19, 1991 M/Ludeman, S/Luettinger to adjourn the meeting. Motion carried 4-0. The meeting was adjourned at 9:30 p.m. it it Date Approved : 10/ 21 / 91 ,Gvt S ev n L. Devich Acting City Clerk Vern Luettinger Chair Pro Tempo ame D. Prosser e tive Director