04-20-1992CITY OF RICHFIELD, MINNESOTA
HOUSING AND REDEVELOPMENT AUTHORITY MEETING
APRIL 20, 1992
HRA MEMBERS PRESENT:. Joan Helmberger; Ivan Ludeman; Vern
Luettinger, Thomas Harms .
HRA MEMBER ABSENT: Larry Wozniczka
STAFF PRESENT: Jim Prosser, Executive Director;
Steven 1~evich, Administrative Services
Director/Acting City Clerk; Bruce
Palmborg, Housing & Redevelopment
Coordinator; Byron Wallace, Community
Development Director
The meeting was called to order by Chair Harms at 7:00 p.m.
APPROVAL OF MINUTES
M/Ludeman, S/Helmberger to approve the minutes of the
Regular HRA Meeting of March 16, 1992.
Motion carried 4-0.
Item #1 OPPORTUNITY FOR CITIZENS TO ADDRESS THE HRA
No one wished to address the HRA.
Item #2 CONSIDERATION OF AUTHORIZATION TO CONTINUE RICHFIELD
REDISCOVERED (FORMERLY THE EXPANDED NEW HOME PROGRAM)
HRA LETTER N0. 13
Executive Director Prosser stated that Commissioner
Wozniczka indicated to him that he is in favor of the program
with private initiative options. Mr. Prosser reviewed HRA Letter
No. 13 regarding consideration of authorization to continue
Richfield Rediscovered.
Housing and Redevelopment Coordinator Palmborg presented a
brief summary of the program and why it is the staff's desire to
continue the program with additional funding as soon as possible.
Mr. Palmborg stated momentum for the program has been created and
it would be beneficial to continue the program without a break.
HRA Minutes -2- April 20,. 1992
Commissioner Ludeman asked about the $7,322 deficit in the
program as of March 31, 1992 and if the program projects an
ending balance of $135,000.
Mr. Palmborg responded to the question. He stated that the.
$7,322 deficit was temporary and that the net program fund
balance is estimated at $135,000.
Commissioner Ludeman stated that he wants projections of the
cost of improvements of the water plant facility before he is
comfortable with loans from the Utility Funds.
Mr. Prosser stated that those figures would be compiled.
M/Harms, S/Luettinger to authorize continuation of Richfield
Rediscovered procxram.
Motion carried 3-1 (Ludeman opposed).
_ ate #~ ~®~a~a~E~Ta®~a ®F R~~®a~vTa®N A~aa~a®aaa~aaa~ ~a~ ~aa~~~~~ING
OF AN APPLICATION TO SECURE MORTGAGE REVENUE BOND
PROCEEDS FROM THE MINNESOTA HOUSING FINANCE AGENCY, HRA
LETTER NO. 14.
Executive Director Prosser reviewed HRA Letter No. 14
regarding consideration of a resolution authorizing the
processing of an application to secure mortgage revenue bond
proceeds from the Minnesota Housing Finance Agency.
M/Ludeman, S/Helmberger that the following resolution be
a.~dopted; that it be syread in the resolution book and that it be
made part of these minutes:
HRA RESOLUTION N0. 446
RESOLUTION AUTHORIZING THE PROCESSING OF AN
APPLICATION TO SECURE MORTGAGE REVENUE BOND
PROCEEDS FROM THE MINNESOTA HOUSING FINANCE AGENCY
Motion carried 4-0. This resolution appears as Resolution
No. 446 in HRA Resolution Book No. 4.
ITEM #4 PUBLIC HEARING AND CONSIDERATION OF RESOLUTION
AUTHORIZING SALE OF HRA OWNED PROPERTY AT 6321 MORGAN
AVENUE, HRA LETTER NO. 15
Executive Director Prosser reviewed HRA Letter No. 15
regarding a public hearing and consideration to authorize the
processing of an application to secure mortgage revenue bond
proceeds from the Minnesota Housing Finance Agency.
u
HRA Minutes -3- April 20, 1992
M/Ludeman, S/Luettinger to close the Qublic hearing.
Motion carried 4-0.
M/Ludeman, S/Helmberger 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. 447
RESOLUTION AUTHORIZING SALE OF REAL PROPERTY
LOCATED AT 6321 MORGAN AVENUE
Motion carried 4-0. This resolution appears as Resolution
No. 447 in HRA Resolution Book No. 4.
ITEM #5 EXECUTIVE DIRECTOR REPORT
Executive Director Prosser summarized the following items:
Rainbow-LHN: The entrance drive will be reviewed by Rainbow and
modification will likely be made. Three additional handicapped
parking spaces were added.
77th Street: Environmental Assessment Hearing is scheduled for
May 5th.
ILN: The Cloverleaf property is now a property of the HRA.
NFT-RA: Two meetings regarding FAA funding have taken place,
however MAC staff was absent from both. A third meeting is
scheduled-at MAC offices in the next week.
Commissioner Luettinger asked about the apartments at
Diagonal Boulevard and Cedar Avenue. He stated that the
condition and maintenance of the building should be reviewed.
Executive Director Prosser stated that he would look into
the matter.
HRA Minutes
-4-
ITEM #6 CLAIMS AND PAYROLL
April 20, 1992
M/Ludeman, S/Helmberger that the following claims and
payroll be approved:
FIRSTAR HANK
Checks: 3575-3692; 10007-10017; 10979-11024 $339,977.92
1052 Section 8 $ 97,000.00
Motion carried 4-0.
ADJOURNMENT
The meeting was adjourned by unanimo nsent at 8: 8 p.m.
Date Appr ved: 5/ 18/ 92 G~G c~~
Thomas Harms Chair
~, ,'
L. Devich James D. P osser
Acting City Clerk xe~utive Director
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