03-24-1986 HR MIN SPECIAL OT' MINUTES OF A SPECIAL MEETING
OF THE ELK RIVER
HOUSING AND REDEVELOPMENT AUTHORITY
MARCH 24, 1986
• PRESENT: Estelle Gunkel, Dick Hinkle, Hank Duitsman, and Larr y Toth
ABSENT: Warren Williams
The meeting was called to order by Chair Estelle Gunkel at 5:30 pm at Elk
River City Hall.
1. Minutes
The minutes of October 24, 1985 were approved.
2. Election of Secretary
Warren Williams was elected Secretary by unanimous vote.
3. Newspaper
C.
The Elk River Star News was approved as the official newspaper.
4. Depository
A) The Bank of Elk River was designated as the official depository.
B) Estelle Gunkel and Larry Toth were authoized to implement the account and
to execute necessary business against it at the direction of the authority.
C) Discussion followed concerning a minimum balance checking account and a
high interest earning investment.
5. City Staff Assignments
Were approved as follows:
A) Type and distribute minutes.
B) File and retain original documents at City Hall.
C) Miscellaneous secretarial help as needed.
D) Maintain financial records.
E) Publish public hearing notices as needed.
6. Future Meetings in 1986
Approved to meet on an "as needed"basis in response to the downtown development
proposal(s) .
7. Review of By-Laws
Agreed to schedule a public hearing to make minor revisions. The meeting will
be at City Hall at 7:00 pm on Monday, April 28, 1986.
• 8. Public Hearing Notices
There was discussion regarding the need of Public Hearing Notices when a quorum
of the council is expected to be present.
9. Downtown Development
• A feasibility study from R. L. Wuornos & Associates was presented to the
Commissioners. The study was ordered by the City Council. The cost is to
be shared by the HRA and The Group of Local Developers headed by Mr. Cliff
Lundberg. This study addresses a proposed tax increment development at
King and Main in downtown Elk River.
There was brief discussion. Parking requirements and the Elk River Utilities
Building were the two main concerns.
The general concensus was to be lenient regarding the required parking spots.
Commissioner Duitsman (also a Utilities Commissioner) indicated the Utilities
Building has been appraised at approximately $110,000.00. He will provide
the City Council with copies of the appraisal. Consideration of this value
must be taken into account when discussing and possibly coordinating this
development and the proposed City Hall facilities.
10. Meeting was adjourned at 7:10 pm.
Respectfully submitted,
Estelle E. Gunkel
Chair
•