4.1A HRSR 08-04-2014 City of / J--91 /4\ 7 =....
ElkSpecial Work Session of the Elk River
River Housing and Redevelopment Authority
Held at the Elk River City Hall
Monday,July 7, 2014
Members Present: Chair Wilson, Commissioners, Kuester, Chub, Motin and Toth
Members Absent: None
Staff Present: Economic Development Director Brian Beeman, Economic
Development Specialist Colleen Eddy, Community Operations and
Development Deputy Director Jeremy Barnhart, Finance Director
Tim Simon; Economic Development Intern Jacquel Nissen and Sr.
Administrative Assistant Debbie Huebner
I. Call Meeting to Order
Pursuant to due call and notice thereof, the special work session of the Elk River
Housing and Redevelopment Authority was called to order at 5:00 p.m. by Chair
Wilson.
2. Consider 07/07/2014 Agenda
Moved by Commissioner Motin and seconded by Commissioner Toth to
approve the July 7,2014 agenda. Motion carried 5-0.
3. Discuss 2015 HRA Budget Goals & Preliminary Budget
Mr. Beeman stated that the purpose of this meeting is to discuss the budget and
action will be taken at the August 4, 2014 HRA meeting. He noted that proposed
expenditures for 2015 are $319,450. Mr. Beeman presented three options for the
2015 levy including using the 2014 rate of.01440%;using a balanced rate of 01651%;
or the maximum rate allowed which is .01850%.
Mr. Beeman then reviewed the performance measures and goals for 2015 and
elements of the 2013-2016 EDA/HRA Strategic Plan.
Discussion followed regarding the following topics;housing study, first time
homebuyer program, downtown north of Highway 10, and downtown plan
implementation.
Mr. Beeman then reviewed the 2015 HRA budget worksheet detail.
Discussion followed regarding the options provided by staff for setting the 2015.
Housing and Redevelopment Minutes Page 2
July 7,2014
It was the consensus of the HRA for staff to proceed with the HRA budget using
Option 1, the previous rate of.01440%. Staff will prepare the 2015 budget for
approval at the August 4,2 014 meeting.
4. Adjournment
There being no further business, Chair Wilson adjourned the special work session
meeting of the Elk River Housing and Redevelopment Authority at 5:36 p.m.
Minutes prepared by Debbie Huebner.
Tina Allard, City Clerk
Stewart Wilson, Chair
Housing&Redevelopment Authority
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