06-30-1995 HR MIN • MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT
AUTHORITY
HELD AT THE ELK RIVER CITY HALL
FRIDAY, JUNE 30 , 1995
Members Present: Chair Gene Schuldt, Commissioners Duitsman, Hinkle and
Kropuenske
Members Absent: Commissioner Farber
Staff Present: William Rubin, Executive Director
1. Call HRA 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 7:31 a.m. by Chair Schuldt.
2. Consider June 30, 1995, HRA Agenda
COMMISSIONER DUITSMAN MOVED TO APPROVE THE JUNE 30, 1995, HRA AGENDA.
COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 4-0.
• 3. Consider Program Application - Commitment Agreement with Minnesota Housing
Finance Agency
Executive Director Bill Rubin explained that at its June 5 meeting, HRA
Commissioners authorized an application to Minnesota Housing Finance Agency
for a reservation of funds under its Minnesota City Participation Program (a first
time homebuyer program). Based on the number of requests for a reservation of
MCPP funds, as well as a new population based formula, Elk River's allocation is
$256,501. To finalize this reservation, Minnesota Housing Finance Agency requires
the execution of a program application - commitment agreement from each
respective city or HRA requesting funds.
COMMISSIONER HINKLE MOVED TO AUTHORIZE THE HRA CHAIR TO EXECUTE THE
PROGRAM APPLICATION - COMMITMENT AGREEMENT ON BEHALF OF THE ELK RIVER
HRA. COMMISSIONER DUITSMAN SECONDED THE MOTION. THE MOTION CARRIED
4-0.
4. Authorize Payment of Fees to Minnesota Housing Finance Agency
The 1995 Minnesota City Participation Program requires a one percent allocation
or reservation fee plus a processing fee. Elk River's allocation fee is $2,565.01; its
processing fee is$60 for a total of$2,625.01.
The one percent allocation fee will be refunded to the Elk River HRA after
Minnesota Housing Finance Agency completes its bond issue.
• COMMISSIONER DUITSMAN MOVED TO AUTHORIZE PAYMENT OF FEES IN THE
AMOUNT OF $2,625.01 TO MINNESOTA HOUSING FINANCE AGENCY TO COVER THE
COSTS ASSOCIATED WITH THE 1995 MINNESOTA CITY PARTICIPATION PROGRAM. •
COMMISSIONER KROPUENSKE SECONDED THE MOTION. THE MOTION CARRIED 4-0.
5. Review Preliminary Parking Lot Design
At this time, HRA Commissioners reviewed a preliminary design for the parking lot
improvements relating to the city-owned lot behind Champion Auto and
Johnson's Family Apparel in downtown Elk River. Commissioners noted the need
for a pedestrian/handicap cut from the sidewalk along US Highway 10 into the
parking lot. In addition, Commissioners suggested that Elk River Meats review the
proposed curbed island which may affect delivery trucks.
6. Adjournment
There being no further business, the meeting of the Elk River HRA adjourned at
7:50 a.m.
Respectfully submitted,
� �
iWi(liam Rubin
HRA Executive Director
III