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102124 HRA MinutesHOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting October 21, 2024 CALL TO ORDER Chair Vrieze Daniels called the meeting to order at 7:00 p.m. in the Council Chambers. HRA Members Erin Vrieze Daniels, Chair; Sean Hayford Oleary; John Young, Present: Gordon Hanson and Mary Supple HRA Members Absent: Staff Present- Melissa Poehlman, Executive Director; and Michelle Friedrich, City Clerk. Guests Presenter.' Senior Municipal Advisor Rebecca Kurtz, Ehlers, Inc. OPEN FORUM Chair Vrieze Daniels gave instructions on how to participate in the Open Forum. No residents participated in the Open Forum. APPROVAL OF THE MINUTES M/Supple, S/Hayford Oleary to approve the minutes of the Regular Housing and Redevelopment Authority meeting of5eptember 16,_2024, Motion carried: 5-0 ITEM #1 1 TIF STATUS REPORT PRESENTATION Executive Director Poehlman introduced Senior Municipal Advisor Rebecca Kurtz from Ehlers Inc. Senior Municipal Advisor Kurtz reviewed the Tax Increment Financing (TIF) report for 2024 and gave an overview of the TIF management plan for 2023. Senior Municipal Advisor Kurtz reviewed opportunities and challenges with TIF and summarized districts are on track with no modifications recommended and are in compliance. HRA Meeting Minutes -2- October 21, 2024 ITEM #2 APPROVAL OF THE AGENDA M/Hayford Oleary, S/Young to approve the agenda. Motion carried 5-0 ITEM #3 APPROVAL OF THE CONSENT CALENDAR Executive Director Poehlman presented the consent calendar. A. Consideration of the adoption of a resolution approving Assignments of the Contract for Private Development and Tax Increment Financing Note relating to the sale of the Rya Apartments. (Staff Report No. 20) M/Hayford Oleary, S/Young to approve the consent calendar. Motion carried 5-0 ITEM #4 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT CALENDAR None. ITEM #5 HRA DISCUSSION ITEMS None. ITEM #6 1 EXECUTIVE DIRECTOR'S REPORT Executive Director Poehlman updated the Commission on Penn Station pre - development costs, Aster Commons funding, and noted Housing and Redevelopment Authority federal funding and spending deadlines. ITEM #7 CLAIMS M/Young, S/Hayford Oleary that the following claims be approved: HRA Meeting Minutes -3- October21, 2024 U.S. BANK 10/21/2024 HRA Checks: #37124-37149 $165,369.57 Section 8 Checks: #136171-136249 $210,274.44 TOTAL $375.6".01 ITEM #8 1 ADJOURNMENT The meeting was adjourned by unanimous consent at 8:00 p.m. Date Approved: November 18, 2024 Mich le Friedrich City Clerk Erin Vriez6 Dani Is HRA Chair Melissa Poehlman Executive Director