081511agendaonly CITY OF RICHFIELD, MINNESOTA
HOUSING AND REDEVELOPMENT AUTHORITY REGULAR MEETING
MONDAY, AUGUST 15, 2011
RICHFIELD MUNICIPAL CENTER
6700 PORTLAND AVENUE
COUNCIL CHAMBERS
7:00 P.M.
AGENDA
Call to order
Roll call
1. Approval of minutes of (1) Regular HRA Meeting of July 18, 2011 and (2) Special HRA
Meeting of July 25, 2011
2. HRA approval of agenda
3. Presentation and consideration of accepting Richfield HRA annual tax increment
district status update
Staff Report No. 38
Notes:
4. Consideration of resolution accepting monetary contributions for Community
Development events and programs
Staff Report No. 39
Notes:
5. Public hearing regarding business subsidy not to exceed $650,000 and consideration
of resolution approving business subsidy agreement with Lyndale Gardens, LLC and
funding agreement with Lyndale Gardens, LLC
Staff Report No. 40
Notes:
6. Consideration of resolution adopting modification to redevelopment plan for Richfield
Redevelopment Project Area and adopting amended and restated tax increment
financing plan for 2010-1 Housing Tax Increment Financing District; Woodlake Housing
Staff Report No. 41
Notes:
7. Consideration of:
a. Resolution approving contract for private development with Woodlake Richfield
Apartments, LLC;
b. Resolution approving issuance of tax increment limited revenue note, Series
2011A; and
c. Resolution authorizing interfund loan for advance of certain costs in connection with
amended and restated housing tax increment financing district 2010-1
Staff Report No. 42
Notes:
8. Consideration of resolutions approving 2012 proposed HRA budget and tax levy and
2011 Revised HRA budget
Staff Report No. 43
Notes:
9. HRA discussion items
Notes:
10.Executive Director report
Notes:
11.Claims and payroll
Adjournment
Auxiliary aids for individuals with disabilities are available upon request. Requests must
be made at least 96 hours in advance to the City Clerk at 612-861-9738.