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7. HRSR 04-04-2011ITEM ~ 7. MEMORANDUM TO: FROM: DATE: SUBJECT: Housing & Redevelopment Authority Catherine Mehelich, Director of Economic Development April 4, 201 I Update -The Bluffs of Elk River At its March 2011 meeting the HRA requested follow up from staff and the HRA attorney regarding the rental of housing units in The Bluffs of Elk River. Staff and HRA attorney, Jenny Boulton of Kennedy & Graven are reviewing the issue in conjunction with the Development Agreement between the City of Elk River and MetroPlains Development. A report will be provided at the May HRA meeting.