02-22-11 Special HRAJ
SPECIAL HOUSING AND
REDEVELOPMENT
AUTHORITY MEETING MINUTES
Richfield, Minnesota
February 22, 2011
CALL TO ORDER
The meeting was called to order by Chair Sandahl at 5:45 p.m.
ROLL CALL
HRA Members Sue Sandahl, Chair; Joan Helmberger, Debbie Goettel,
Present: and Steven Quam.
HRA Members Doris Rubenstein
Absent:
Staff Present: Steve Devich, Executive Director; John Stark, Community Development
Director; Karen Barton, Community Development Manager; and Cheryl
Krumholz, Recording Secretary.
Item #1 HRA APPROVAL OF AGENDA
M/Quam, S/Goettel to approve the agenda.
Motion carried 4-0.
Item #2 CONSIDERATION OF REQUEST FOR SUBORDINATION OF HRA FIRST TIME
ADVANTAGE HOME LOAN AT 6620 VINCENT AVENUE (STAFF REPORT NO. 9)
Community Development Manager Barton presented Staff Report No. 9.
Eric Patenaude, owner, proposed the HRA consider accepting a cashiers check payable to
the HRA in the amount of the First Time Advantage Home Loan but that it not be cashed until the
refinancing process is complete.
M/Sandahl, S/Goettel to approve the request for subordination of HRA First Time Advantage
Home Loan at 6620 Vincent Avenue.
Motion carried 4-0.
HRA Meeting -2- February 22, 2011
Item #3 CLAIMS AND PAYROLL
M/Goettel, S/Quam that the following claims and payrolls be approved:
U.S BANK 02/22/2011
Section 8 Checks: 120085-120213 $ 164,143.60
HRA Checks: 31125-31150 $ 105,362.04
TOTAL $ 269,505.64
Motion carried 4-0.
ADJOURNMENT
The meeting was adjourned by unanimous consent at 6:05 p.m.
Date Approved: March 21.2011
Cheryl K umho
Recording Secretary
Executive Director