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01-09-1996 HR MIN • ANNUAL MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL TUESDAY, JANUARY 9, 1996 Members Present: Chair Schuldt, Commissioners Farber, Hinkle, Wilson Members Absent: Commissioner Kropuenske Staff Present: Bill Rubin, Executive Director; Michelle Dwyer, Recording Secretary 1. Call Meeting To Order Pursuant to due call and notice thereof, the annual meeting of the Elk River Housing Authority was called to order at 7:00 p.m. by Chair Schuldt. 1.1 The Elk River Housing and Redevelopment Authority recognized and welcomed Commissioner Stewart Wilson. 2. Consider Agenda THE FOLLOWING CHANGES WERE MADE TO THE AGENDA 9.1 was moved to Open Mike • 9.1 Request for Special HRA Meeting for Tuesday, January 30, 1996 9.2 Consider Check Register COMMISSIONER HINKLE MOVED TO APPROVE THE JANUARY 9, 1996 HRA AGENDA AS REVISED. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 4-0. 3. Consider December 18, 1995 Minutes Councilmember Schuldt noted that the December 18, 1995 minutes had an error under item 1. COMMISSIONER HINKLE MOVED TO AMEND THE DECEMBER 18, 1995 MINUTES AS FOLLOWS: 1. CALL MEETING TO ORDER AT 5:50 P.M. (RATHER THAN AT 6:50 P.M.) COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 4-0. 111 Elk River Housing and Redevelopment Authority Meeting January 9, 1996 Page 2 4. Open Mike • 4.1 Review Concepts of the U. S. Highway 10 Corridor Study (Michael Schroeder, Hoisington Koegler Group, Inc.) Bill Rubin, Executive Director introduced Michael Schroeder, Hoisington Koegler Group, Inc., who presented the concept level plan for the U. S. Highway 10 corridor. Following Mr. Schroeder's presentation, HRA Commissioners agreed to review and discuss this item at a later date. 5. Annual Meeting Items: a) Election of Officers: Bill Rubin, Executive Director indicated that as part of the annual business meeting, the Housing and Redevelopment Authority is required to elect Officers. COMMISSIONER FARBER MOVED TO NOMINATE COMMISSIONER SCHULDT AS HRA CHAIR. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0-1. Chair Schuldt abstained. COMMISSIONER HINKLE MOVED TO NOMINATE COMMISSIONER KROUPENSKE AS HRA VICE CHAIR. COMMISSIONER FARBER SECONDED THE MOTION. THE MOTION CARRIED 4-0. COMMISSIONER HINKLE MOVED TO NOMINATE COMMISSIONER FARBER AS HRA • SECRETARY. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0-1. Commissioner Farber abstained. Commissioner Farber left the HRA meeting at 6:35 p.m. b) Designate Official Newspaper: COMMISSIONER WILSON MOVED TO REDESIGNATE THE STAR NEWS AS THE HRA'S OFFICIAL NEWSPAPER FOR THE 1996 CALENDAR YEAR. COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 3-0. c) Designate Official Depositories: COMMISSIONER HINKLE MOVED TO DESIGNATE THE FOLLOWING BANKS/INSTITUTIONS AS OFFICIAL DEPOSITORIES FOR HRA FUNDS IN 1996: • THE BANK OF ELK RIVER • FIRST NATIONAL BANK OF ELK RIVER • 4M FUND • NORWEST BANK • FIRST BANK • MARQUETTE BANK COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0. • Elk River Housing and Redevelopment Authority Meeting January 9, 1996 Page 3 6. Financial Update Assistant City Administrator, Lori Johnson and Bill Rubin, Executive Director will present a detailed HRA financial summary at the next meeting. 7. Consider Establishing a Regular Meeting Date for the HRA Executive Director Bill Rubin suggested that the HRA may want to consider holding meetings on a regular basis rather than on an as-needed basis due to the increased issues pertaining to the HRA. Following discussion on this matter, HRA Commissioners agreed to continue meeting on an as-needed basis. 8. Consider General Updates on Various Projects The Executive Director updated the HRA on the following projects: • 1996 Tax Revenue Projection • Parking Lot Improvements • Mississippi Riverfront Pathway Project • ISTEA Grant Application 9. Other Business 9.1 Request for Special Meeting • COMMISSIONER HINKLE MOVED TO CALL A SPECIAL MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY FOR TUESDAY, JANUARY 30, 1996 AT 5:00 P.M. TO CONSIDER THE HRA REQUEST FOR A RESERVATION OF FIRST TIME HOMEBUYER FUNDS THROUGH MINNESOTA HOUSING FINANCE AGENCY. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0. 9.2 Check Register COMMISSIONER HINKLE MOVED TO APPROVE THE JANUARY 8, 1996, HRA CHECK REGISTER IN THE AMOUNT OF $38.25. COMMISSIONER WILSON SECONDED THE MOTION. THE MOTION CARRIED 3-0. 9. Adjournment There being no further business, COMMISSIONER WILSON MOVED TO ADJOURN THE MEETING. COMMISSIONER HINKLE SECONDED THE MOTION. THE MOTION CARRIED 3-0. The meeting of the Elk River Housing and Redevelopment Authority was adjourned at 8:11 p.m. Respectfully submitted, Nu) etur--- iiMichelle Dwyer Recording Secretary