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01-12-1993 HR MIN ANNUAL MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL TUESDAY, JANUARY 12, 1993 Members Present: Chairman Dick Hinkle, Commissioners Duitsman, Schuldt and Toth Members Absent: Commissioner Kropuenske Staff Present: Patrick Klaers, Executive Director; Bill Rubin, Economic Development Coordinator 1. Call Meeting To Order Pursuant to due call and notice thereof, the annual meeting of the Elk River Housing and Redevelopment Authority was called to order at 7:00 p.m. by Chairman Dick Hinkle. 2. Consider 1/12/93 HRA Agenda COMMISSIONER DUITSMAN MOVED TO APPROVE THE 1/12/93 HRA AGENDA. COMMISSIONER TOTH SECONDED THE MOTION. THE MOTION CARRIED 4-0. • 3. Consider HRA Minutes COMMISSIONER TOTH MOVED TO APPROVE THE 8/25/92, THE 9/8/92, AND THE 11/12/92 HRA MINUTES AS PRESENTED. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION CARRIED 4-0. 4. HRA Annual Meeting Items 4.a. Election of Officers At this time, Chairman Hinkle turned the meeting over to Executive Director Klaers who explained the slate of officers elected at the 1992 annual meeting. He stated that pursuant to the HRA's by-laws, it was in order to elect a Chair, Vice Chair, and Secretary. He further stated that Commissioner Kropuenske, while not able to attend this meeting, had indicated an interest in serving the HRA again as its Vice Chair. COMMISSIONER DUITSMAN MOVED TO NOMINATE DICK HINKLE AS CHAIRMAN, DUANE KROPUENSKE AS VICE CHAIRMAN, AND LARRY TOTH AS SECRETARY FOR 1993. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 4-0. At this time, the meeting was turned back over to Chairman Hinkle. Housing and Redevelopment Authority Minutes Page 2 January 12, 1993 4.b. Official Newspaper COMMISSIONER TOTH MOVED TO DESIGNATE THE ELK RIVER STAR NEWS AS THE OFFICIAL NEWSPAPER FOR THE HRA FOR 1993. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 4-0. 4.c. Official Depositories COMMISSIONER TOTH MOVED TO APPROVE THE SAME DEPOSITORIES USED BY THE CITY OF ELK RIVER AND THE ECONOMIC DEVELOPMENT AUTHORITY AS THE OFFICIAL DEPOSITORIES FOR HRA FUNDS IN 1993. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION CARRIED 4-0. It was the consensus of the HRA that the City Administrator should continue to serve as the Executive Director. Upon review of the HRA's by-laws, it was the consensus of the Commissioners not to recommend any changes at this time. 5. Financial Update Executive Director Klaers reviewed a January 5, 1993 memo from Finance Director, Lori Johnson. Per the memo, the HRA had a December 31, 1992, cash balance of $93,091.80, excluding December interest. In 1992, the • HRA received revenues of $30,289.82, and the HRA had no expenditures during the year. It was noted that no expenditures in 1992 was consistent with the goals of the HRA as it desired to accumulate additional funds for future projects. Executive Director Klaers reviewed past expenditures, such as the Growth Management Plan, erosion control along the Mississippi River, etc. 6. Other Business At this time, staff indicated that it would be likely for the HRA to meet in 60 to 90 days to review the HRA's share of the cost for various parking lot improvements. These expenditures are consistent with the HRA budget for 1993. In addition, staff advised the HRA Commissioners that the U.S. Census Bureau designated Sherburne County as part of the thirteen county Twin Cities metropolitan area. As a result of this designation, Sherburne County is no longer part of the St. Cloud metropolitan area. Sherburne County joins Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Washington, and Wright counties in Minnesota plus Pierce County and St. Croix County in Wisconsin as the latest Twin City metropolitan area. Because Wright County was previously designated part of the Twin Cities area, the St. Cloud metropolitan area now includes only Benton and Stearns Counties. • Housing and Redevelopment Authority Minutes Page 3 January 12, 1993 • 7. Adjournment There being no further business, COMMISSIONER TOTH MOVED TO ADJOURN THE HRA MEETING. COMMISSIONER SCHULDT SECONDED THE MOTION. THE MOTION CARRIED 4-0. The meeting of the Elk River Housing and Redevelopment Authority was adjourned at 7:43 p.m. Respectfully submitted, 4\461;\ 1 illiam Rubin Economic Development Coordinator 1111 •