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121624 HRA Minutes HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Regular Meeting December 16, 2024 CALL TO ORDER Chair Vrieze Daniels called the meeting to order at 7:00 p.m. in the Council Chambers. HRA Members Present: Erin Vrieze Daniels, Chair; Gordon Hanson; Sean Hayford Oleary; and Mary Supple HRA Members Absent: John Young Staff Present: Melissa Poehlman, Executive Director; Jan Youngquist, Economic Development Manager; and Michelle Friedrich, City Clerk. OPEN FORUM Chair Vrieze Daniels noted the process of remote Open Forum participation. Executive Director Poehlman explained remote participation can be requested ahead of time by contacting a Housing and Redevelopment Authority (HRA) staff person via phone or email. No residents participated in the Open Forum public comment opportunity. APPROVAL OF THE MINUTES MOTION: made by Supple, seconded by Hanson to approve the minutes of the regular Housing and Redevelopment Authority Minutes from November 18, 2024. Motion carried: 4-0 ITEM #1 APPROVAL OF THE AGENDA MOTION: made by Hayford Oleary, seconded by Hanson to approve the agenda. Motion carried: 4-0 HRA Meeting Minutes -2- December 16, 2024 ITEM #2 APPROVAL OF THE CONSENT CALENDAR Executive Director Poehlman presented the consent calendar. A. Consideration of the approval of an Amendment to the Agreement with the Center for Energy and Environment to provide loan and remodeling advising services to Richfield homeowners for 2025. (Staff Report No. 25) MOTION: made by Hayford Oleary, seconded by Vrieze Daniels, to approve Consent Calendar item 2.A. Motion carried 4-0 ITEM #3 CONSIDERATION OF ITEMS, IF ANY, REMOVED FROM THE CONSENT CALENDAR None. ITEM #4 CONSIDERATION OF APPROVAL OF A FUNDING AGREEMENT IN THE AMOUNT OF $750,000 WITH HOPTIMISTIC, LLC Economic Development Manager Younquist provided an overview of the history of funding agreement assistance for developments and outlined the Housing and Redevelopment Authority (HRA) request. Tim Dahlman, owner of Luce Line Brewing Company, shared that his business has been operating since 2020. He emphasized the quality of his beverages and the dedication of his staff. Mr. Dahlman also highlighted his collaborations with the cities of Wayzata and Plymouth to organize community events. He noted that his establishments are dog-friendly and aim to create a welcoming and enjoyable environment for the local communities. Commissioner Supple and staff discussed the $750,000 funding gap, which aligns with the HRA request as estimated by the developer. Commissioner Hayford Oleary and staff reviewed the potential applicability of SAC credits for the project. The HRA Commission expressed consensus in support of the funding agreement with Hoptimistic, LLC. MOTION: made by Supple, seconded by Hanson, to approve the funding agreement in the amount of $750,000 with Hoptimistic, LLC. The Commission acknowledged the amount was reasonable and commented on the positive impact the project would have on energizing the downtown area. Chair Vrieze Daniels noted the project aligns with the vision for the downtown Richfield location. Motion carried 4-0 HRA Meeting Minutes -3- December 16, 2024 ITEM #5 HRA DISCUSSION ITEMS None. ITEM #6 HRA EXECUTIVE DIRECTOR’S REPORT Executive Director Poehlman reported that Aster Commons received $3 Million of LCDA federal funding, and Penn Station received $850,000 of Met Council LHIA funding. ITEM #7 CLAIMS MOTION: made by Hanson, seconded by Supple to approve the following claims: U.S. BANK 12/16/2024 HRA Checks: #37164-37178 $8,730.47 Section 8 Checks: #136327-136403 $225,504.84 TOTAL $234,235.31 Motion carried: 4-0 ITEM #8 ADJOURNMENT The meeting was adjourned by unanimous consent at 7:14 p.m. Date Approved: January 21, 2025 Erin Vrieze Daniels Chair Michelle Friedrich Melissa Poehlman City Clerk Executive Director Erin Vrieze Daniels (Jan 22, 2025 15:27 CST)