Loading...
08-02-2010 HRA MIN• MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, AUGUST 2, 2010 Members Present: Chair Wilson, Commissioners Lieser, Motin and Toth Members Absent: Commissioner Kuester Staff Present: Economic Development Director Catherine Mehelich, Finance Director Tim Simon, Recording Secretary Debbie Huebner 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authoritywas called to order at 5:30 p.m. by Chair Wilson. 2. Consider August 2, 2010 HRA Agenda MOVED BY COMMISSIONER MOTIN AND SECONDED BY COMMISSIONER TOTH TO APPROVE THE AUGUST 2, 2010 HRA AGENDA AS PRESENTED. MOTION CARRIED 4-0. • Consider Consent Agenda MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER LIESER TO APPROVE THE CONSENT AGENDA AS FOLLOWS: 3.1. MAY 3, 2010 HRA MINUTES 3.2. JUNE 7, 2010 HRA MINUTES 3.3. CHECK REGISTER 3.4. BALANCE SHEET 3.5. REVENUE/EXPENDITURE REPORT MOTION CARRIED 4-0. • 4. en Mike - No one appeared for Open Mike. 5. Update on HRA Buildings at 716 and 720 Main Street Ms. Mehelich provided an update on additional roof leaks in the HRA's buildings at 716 and 720 Main Street. Chair Wilson asked if the leaks were caused bythe recent hail, and if so, would there possibly be some insurance coverage for that. Ms. Mehelich stated that the roof is leaking in the same place after two different storms, so would not assume the daiinage was from hail. She noted there is minimal replacement instuance coverage on the buildings. She stated she is waiting for quotes from the roofing contractor, and will proceed with the necessary repairs and patching, as long as it is within the maintenance budget for the buildings. Housing & Redevelopment Authority Page 2 August 2, 2010 ----------------------------- Chair Wilson stated that both buildings are in need of paint, noting that previous sign • lettering is starting to show through. Commissioner Toth concurred. Ms. Mehelich stated that she would ask citymaintenance staff to repaint as needed. Commissioner Toth asked if HRA will be discussing improvements to the building with the Arts Alliance. Commissioner Motin stated that the Arts Alliance is considering moving to a different location. Chair Wilson stated that the Arts Alliance indicated theywould be doing a survey and would be getting back to the HRA in September or October. 6. Consider Downtown Buildings Contract for Deed Tim Simon provided background information regarding the HRA's contract for deed for the 716 and 720 Main Street properties. He discussed advantages of prepayment of the loan, noting a savings of $6,000 - 7,000. CommissionerMotin asked if there was anyreason not to payoff the loan. Ms. Mehelich stated that paying off the loan would mean the )=IIZA would have less cash available for other projects. COMMISSIONER TOTH AND SECONDED BY COMMISSIONER LIESER TO DIRECT STAFF TO WORK WITH THE HRA ATTORNEY TO PREPAY THE CONTRACT FOR DEED FOR THE PROPERTIES AT 716 AND 720 MAIN STREET . MOTION CARRIED 4-0. 7. Consider Year 2011 HRA Budget and Resolution Establishing HRA Levy Ms. Mehelich provided an overview of the 2010 revenues and expenditures. She explained • that the HRA has not levied the maximum amount allowed by state statute. Ms. Mehelich stated that athree-percent decrease in taxable property valuation was predicted for 2011. Staff recommended approval of the HIZA budget and resolution as detailed in the memo to the HRA dated August 2, 2010. Ms. Mehelich answered questions on various line items, including TIF 16 reimbursement and the downtown study. MOTION BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER MOTIN TO APPROVE THE 2011 HRA BUDGET AS PRESENTED. MOTION CARRIED 4-0. MOTION BY COMMISSIONER LIESER AND SECONDED BY COMMISSIONER TOTH TO APPROVE RESOLUTION N0.10-02, ESTABLISHING THE HRA TAX LEVY COLLECTION IN YEAR 2011. MOTION CARRIED 4-0. 8. Consider MN DEED Proposed Demolition Loan Program Ms. Mehelich explained that the proposed new program would provide funds to development authorities or cities for demolition activities on sites even when there is no immanent redevelopment opportunity or plan. She stated that if the HRA is interested in considering the program further, she would ask how they would like to proceed. Housing & Redevelopment Authority Page 3 August 2, 2010 ----------------------------- • Commissioner Motin stated that he did see any harm in pursuing the proposal further. He stated he would like to see a list of potential sites. Chair Wilson concurred that the program could be useful tool Ms. Mehelich stated that staff has done some "brainstorming" and has come up arith some potential sites. She noted that submitting potential project information does not commit the HRA to a project. Chair Wilson suggested the Commission meet in a workshop session to discuss the program. Ms. Mehelich stated the Comnussion could meet in a work session after the September 7th regular meeting has been conducted and adjourned. 9. Other Business -None 10. Adjournment There being no other business, Chair Wilson adjourned the meeting. The meeting of the Elk River Housing and Redevelopment Authority adjourned at 7:02 p.m_ Minutes prepared byDebbie Huebner. ~~ Tina Allard Ciry Clerk • i= Stewart Wilson Chair, Housing and Redevelopment Authority • • •