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121823 HRA minutesHOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting December 18, 2023 CALL TO ORDER Acting Chair Hanson called the meeting to order at 7:00 p.m. in the Council Chambers. HRA Members Gordon Hanson, Acting Chair, Sean Hayford Oleary; and John Present: Young HRA Members Erin Vrieze Daniels, Chair; and Mary Supple Absent Staff Present: Julie Urban, Assistant Community Development Director; Jan Youngquist, Economic Development Manager; and Dustin Leslie, City Clerk. OPEN FORUM Acting Chair Hanson gave instructions on how to participate in the open forum. No one spoke. APPROVAL OF THE MINUTES M/Hayford Oleary, S/Young to approve the 1) minutes of the regular Housing and Redevelopment Authority meeting of November 20, 2023. Motion carried: 3-0 ITEM #1 APPROVAL OF THE AGENDA M/Hayford Oleary, S/Young to approve the agenda. Motion carried: 3-0 HRA Meeting Minutes -2- December 18, 2023 ITEM #2 CONSIDERATION OF THE ADOPTION OF A RESOLUTION APPROVING A FIRST AMENDMENT TO THE AMENDED AND RESTATED CONTRACT FOR PRIVATE DEVELOPMENT WITH 101 E 66TH ST LLC RELATED TO THE CONSTRUCTION OF AN 80-UNIT MIXED USE PROJECT AT 101 - 66TH STREET EAST. Economic Development Manager Youngquist gave the report. Commissioner Young asked about the "look back" provision and asked if its purpose was to adjust the TIF Note downward if needed. Youngquist stated that was correct. Commissioner Young also asked if they were going from 16 to 25 years due to rising costs. Youngquist confirmed that was correct. M/Hayford Oleary, S/Young to approve a resolution approving a First Amendment to the Amended and Restated Contract for Private Development with 101 E 661h St. LLC. Motion carried: 3-0 PUBLIC HEARING REGARDING THE SALE OF 6613-26 PORTLAND AVENUE ITEM #3 SOUTH TO BEACON INTERFAITH HOUSING COLLABORATIVE, DOING BUSINESS AS ASTER COMMONS LIMITED PARTNERSHIP AND ASTER COMMONS GP LLC. Assistant Community Development Director Urban gave the report. Acting Chair Hanson opened the public hearing. Kathleen Murphy — 6601 5th Avenue South #7-. resident spoke about safety concerns, especially at the nearby bus stop, if this project were to move forward. M/Hayford Oleary, S/Young to close the public hearing. Motion carried: 3-0. Commissioner Hayford Oleary asked who would maintain the property during development. Assistant Director Urban stated the HRA would. M/Hayford Oleary, S/Young to approve the resolution authorizing the sale of 6613-25 Portland Avenue South to Beacon Interfaith Housing Collaboration doinq business as Aster Commons Limited Partnership and Aster Commons GP LLC for the development of 38 units of affordable supportive housing. Motion carried: 3-0. HRA Meeting Minutes 3- December 18, 2023 ITEM #4 HRA DISCUSSION ITEMS None. ITEM #5 EXECUTIVE DIRECTOR REPORT Assistant Director Urban spoke about Aster Commons, receiving a grant from the Metropolitan Council for $1,000,000. She also stated that Woodlake Terrace received a grant from Minnesota Housing for $711,000. ITEM #6 CLAIMS M/Hayford Oleary, SNoung that the following claims be approved: U.S. BANK 12/18/2023 HRA Checks: #36975-36988 $35,747.78 Section 8 Checks: #135354-135427 $191,362.36 TOTAL $227,110.14 Motion carried: 3-0 ITEM #7 ADJOURNMENT The meeting was adjourned by unanimous consent at 7:19 p.m. Date Approved: February 20, 2024 Dustin Leslie City Clerk Gordon Hanson Acting HRA Chair J lie rban A scant Community Development Director