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11-03-2014 HRA MINMeeting Of the Elk River Housing avid Redevelopment Authority Held at the Elk River City Hall Monday, November 3, 2014 Members 13rcsent: ("hair Wds,on, Conairussioners C"huba, otin acrd 'Yoth ("(')t ntnissioner Kuester arrived at 533 p-rn Members Absent; None Staff Prescnt ComtnUni ' (r )perations and Development Deputy Director'leremy Barnhart; Economic Development Speciahst Colleen Eddy and Sr, Administrative.ASSiStant Debbie Huebner I Call Meeting to Order pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authority was called to order at 530 p.m. by Chair Wilson, 2. Pledge of Allegiance "I'lie Pledge ctrl ,Allegiance was recited. Moved by Commissioner otin and seconded by Commissioner Toth to approve the November 3, 2014 agenda. Motion carried 4-0. !i1illill 1� IIIIIIIIIIIqlIlli'll ;'� 111111pill 4.1 Minutes 0 October 6, 2014 4.2 Check Register 4.3 Balance Sheet 4.4 Revenue/Expenditaire Report 4.5 IIRA October Report Motion carried 4-0. 5. <,, ForurM No one appeared fk,)r Open Forum. I Jousing and Reclevelopment Minites October 6_2014 6. Public Hearings - None Page 2 7.1 Simall Cities Development Program Preliminary Application Authorization (Conit"nissioner Kuester arrived at this titne — 6:33 p,m) Conu�iissionet,roth asked what the size of the study area was previously. Mr. Barnhart stated lie did not have the acreage. Corritrassioner Motin asked clarification of the boundaries. Mr. Barnhart referenced the rnap attached to the staff report to the HRA which outlined the previous area and the proposed area. Mr. Barnhart reviewed the details of the grant pro rare, also detailed in the staff report. Cormynssimaer Toth stated that there were some areas along Norfolk which were previously included, but now are not. He felt the Evans Meadows apartments and Catholic Church properties Should not be included. Mr. Barnhart explained that the boundary was drawn logically, not meandering to avoid a particular property. Discussion followed regarding details of grant program (owner occupied vs. commercial, maximum amount, owner contributions, percentage of funds, and forgivable and repayment terms), Further discussion focused on the percentage of owner occupied residential and commercial properties to be eligible for the grant. Chair. Wilson stated lie would not want to see over 50 percent of the funds going to commercial. CominlissionerToth concurred. Mr. Barnhart suggested -a 6040 percent of residential to commercial. ("ornimissioner Mc)tin agreed and suggested a "drop dead" date for applications. Mr. Housing and Redevelopment Minutes Octc.)ber 6_2014 Barnhart su&-;e.sted putfinga time limit on when opening areas For applications, in D order to restrict where proects are awarded, ("ommissioner Motin asked if any of the l)rojects budgeted for the existing rehabilitation pn�)gratn %ifl p:) into 2015, Mr. Barnhart stated tbat they will not know until early 2()15, bUt if the funds are riot spent the), will go-) into the 2015 cash reserves, Motion by Commissioner Manti n and seconded by Commissioner Ktiester to authorize the following: 1. Authorize CMFIP to make a pre-apphcation for the SCDP grant in the amount of $635,000 at a cost of $600 for preparation and submission (if the preliminary proposal. I HRA to ledge $100,000 to the program, with $50,000 from the FIRAr budget and $50,000 from HRA cash reserves. Motiorir carried 5-0. J' ere were nO announcements. 9. Adjournment `rhere being no further business, Chair Wilson adjourned the n-we etring of the Elk River Housing and Redevelopment Aud-ionty at 5,:55 pxn. Tina Ahard, City Clerk Stewart WilsA, Chair Housing & Redevelopnient Authority Page 3